2020 Q2 Form 10-Q Financial Statement
#000077240620000029 Filed on August 03, 2020
Income Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
Revenue | $242.6M | $238.3M |
YoY Change | 1.81% | -6.38% |
Cost Of Revenue | $115.1M | $115.8M |
YoY Change | -0.57% | -10.9% |
Gross Profit | $127.5M | $122.5M |
YoY Change | 4.06% | -1.66% |
Gross Profit Margin | 52.55% | 51.41% |
Selling, General & Admin | $29.70M | $29.52M |
YoY Change | 0.62% | -9.96% |
% of Gross Profit | 23.3% | 24.1% |
Research & Development | $78.74M | $88.83M |
YoY Change | -11.36% | -9.29% |
% of Gross Profit | 61.77% | 72.52% |
Depreciation & Amortization | $11.75M | $19.75M |
YoY Change | -40.52% | -12.78% |
% of Gross Profit | 9.21% | 16.12% |
Operating Expenses | $108.8M | $118.4M |
YoY Change | -8.07% | -9.46% |
Operating Profit | $18.68M | $4.144M |
YoY Change | 350.65% | -167.31% |
Interest Expense | $1.600M | -$100.0K |
YoY Change | -1700.0% | -107.14% |
% of Operating Profit | 8.57% | -2.41% |
Other Income/Expense, Net | $111.0K | -$378.0K |
YoY Change | -129.37% | -280.0% |
Pretax Income | $20.36M | $6.051M |
YoY Change | 236.51% | -234.47% |
Income Tax | $2.200M | $1.433M |
% Of Pretax Income | 10.8% | 23.68% |
Net Earnings | $18.21M | $4.618M |
YoY Change | 294.3% | -208.1% |
Net Earnings / Revenue | 7.51% | 1.94% |
Basic Earnings Per Share | $0.31 | $0.08 |
Diluted Earnings Per Share | $0.30 | $0.08 |
COMMON SHARES | ||
Basic Shares Outstanding | 58.31M shares | 58.54M shares |
Diluted Shares Outstanding | 60.28M shares | 60.26M shares |
Balance Sheet
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $315.9M | $250.4M |
YoY Change | 26.13% | 10.64% |
Cash & Equivalents | $285.9M | $198.1M |
Short-Term Investments | $29.94M | $52.35M |
Other Short-Term Assets | $12.84M | $28.33M |
YoY Change | -54.65% | 98.52% |
Inventory | $199.3M | $146.3M |
Prepaid Expenses | $25.39M | $27.51M |
Receivables | $136.5M | $111.5M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $690.0M | $564.1M |
YoY Change | 22.32% | -1.92% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $154.3M | $182.0M |
YoY Change | -15.25% | -7.03% |
Goodwill | $287.4M | $286.4M |
YoY Change | 0.36% | -0.23% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $290.2M | $205.1M |
YoY Change | 41.49% | 28.75% |
Other Assets | $44.55M | $14.63M |
YoY Change | 204.64% | -57.18% |
Total Long-Term Assets | $954.1M | $906.0M |
YoY Change | 5.3% | 14.45% |
TOTAL ASSETS | ||
Total Short-Term Assets | $690.0M | $564.1M |
Total Long-Term Assets | $954.1M | $906.0M |
Total Assets | $1.644B | $1.470B |
YoY Change | 11.83% | 7.56% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $95.52M | $60.41M |
YoY Change | 58.13% | 12.59% |
Accrued Expenses | $53.90M | $54.10M |
YoY Change | -0.37% | 28.2% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $163.0M | $131.2M |
YoY Change | 24.27% | 10.59% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $208.7M | $0.00 |
YoY Change | -100.0% | |
Total Long-Term Liabilities | $208.7M | $221.7M |
YoY Change | -5.84% | 83.09% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $163.0M | $131.2M |
Total Long-Term Liabilities | $208.7M | $221.7M |
Total Liabilities | $371.8M | $352.9M |
YoY Change | 5.35% | 47.21% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$184.0M | -$258.9M |
YoY Change | -28.91% | 40.19% |
Common Stock | $1.451B | $1.376B |
YoY Change | 5.49% | 3.81% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.272B | $1.117B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.644B | $1.470B |
YoY Change | 11.83% | 7.56% |
Cashflow Statement
Concept | 2020 Q2 | 2019 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $18.21M | $4.618M |
YoY Change | 294.3% | -208.1% |
Depreciation, Depletion And Amortization | $11.75M | $19.75M |
YoY Change | -40.52% | -12.78% |
Cash From Operating Activities | $502.0K | $56.99M |
YoY Change | -99.12% | 1115.33% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $2.054M | $3.816M |
YoY Change | -46.17% | -64.75% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$7.100M | -$26.60M |
YoY Change | -73.31% | 8766.67% |
Cash From Investing Activities | -$9.183M | -$34.72M |
YoY Change | -73.55% | 170.49% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $40.00M |
YoY Change | -100.0% | 0.0% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $2.484M | -$40.36M |
YoY Change | -106.15% | -1.56% |
NET CHANGE | ||
Cash From Operating Activities | $502.0K | $56.99M |
Cash From Investing Activities | -$9.183M | -$34.72M |
Cash From Financing Activities | $2.484M | -$40.36M |
Net Change In Cash | -$6.197M | -$18.10M |
YoY Change | -65.75% | -63.18% |
FREE CASH FLOW | ||
Cash From Operating Activities | $502.0K | $56.99M |
Capital Expenditures | $2.054M | $3.816M |
Free Cash Flow | -$1.552M | $53.17M |
YoY Change | -102.92% | -966.26% |
Facts In Submission
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ShareBasedCompensation
|
13306000 | USD |
CY2019Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11782000 | USD |
CY2020Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
673000 | USD |
CY2019Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-251000 | USD |
CY2020Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2019Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-2000 | USD |
CY2020Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-107000 | USD |
CY2019Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-346000 | USD |
CY2020Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
352000 | USD |
CY2019Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-17459000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-9159000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
52607000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-18416000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3545000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2966000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2553000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
3220000 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-7750000 | USD |
CY2019Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-7084000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
502000 | USD |
CY2019Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
56987000 | USD |
CY2020Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
33965000 | USD |
CY2019Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
42057000 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
41017000 | USD |
CY2019Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
68663000 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2054000 | USD |
CY2019Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3816000 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
77000 | USD |
CY2019Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4301000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9183000 | USD |
CY2019Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34723000 | USD |
CY2020Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
3061000 | USD |
CY2019Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
260000 | USD |
CY2020Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
577000 | USD |
CY2019Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
619000 | USD |
CY2020Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2019Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
40000000 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2484000 | USD |
CY2019Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-40359000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-6197000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-18095000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
292119000 | USD |
CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
216172000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
285922000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
198077000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1140240000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4618000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
1671000 | USD |
CY2019Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
24000 | USD |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-359000 | USD |
CY2019Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
40000000 | USD |
CY2019Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11782000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1117250000 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1229779000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18209000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
7496000 | USD |
CY2020Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1014000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2485000 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
13306000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1272289000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
313050000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
7151000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
72000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
320129000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
100000 | USD |
CY2020Q2 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
|
7700000 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
0 | security |
CY2020Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
307990000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
1584000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
3993000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
305581000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
4000000.0 | USD |
CY2020Q1 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
|
172900000 | USD |
CY2020Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
0 | security |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
29447000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
29943000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
22012000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
22008000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
283603000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
290186000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
285978000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
283573000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
313050000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
320129000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
307990000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
305581000 | USD |
CY2020Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2020Q2 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
0 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
320129000 | USD |
CY2020Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
305581000 | USD |
CY2020Q2 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
1 | derivtive |
CY2020Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
24600000 | USD |
CY2020Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
136539000 | USD |
CY2020Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
153998000 | USD |
CY2020Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | USD |
CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | USD |
CY2020Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
136539000 | USD |
CY2020Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
153998000 | USD |
CY2020Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
111679000 | USD |
CY2020Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
82494000 | USD |
CY2020Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
87653000 | USD |
CY2020Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
64231000 | USD |
CY2020Q2 | us-gaap |
Inventory Net
InventoryNet
|
199332000 | USD |
CY2020Q1 | us-gaap |
Inventory Net
InventoryNet
|
146725000 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
242573000 | USD |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
238253000 | USD |
CY2020Q2 | crus |
Restructuring Charges Disposal Of Equipment Net Of Recovery From Sales
RestructuringChargesDisposalOfEquipmentNetOfRecoveryFromSales
|
130000 | USD |
CY2020Q2 | us-gaap |
Business Exit Costs1
BusinessExitCosts1
|
222000 | USD |
CY2020Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
352000 | USD |
CY2020Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
982000 | USD |
CY2020Q2 | us-gaap |
Other Restructuring Costs
OtherRestructuringCosts
|
222000 | USD |
CY2020Q2 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
703000 | USD |
CY2020Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
501000 | USD |
CY2020Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
20362000 | USD |
CY2019Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
6051000 | USD |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2153000 | USD |
CY2019Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1433000 | USD |
CY2020Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.106 | |
CY2019Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.237 | |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2200000 | USD |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1400000 | USD |
CY2020Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.106 | |
CY2019Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.237 | |
CY2020Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
36200000 | USD |
CY2020Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
36200000 | USD |
CY2020Q2 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
3900000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
18209000 | USD |
CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4618000 | USD |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
58313000 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
58540000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1967000 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1718000 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
60280000 | shares |
CY2019Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
60258000 | shares |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | |
CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.08 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.30 | |
CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.08 | |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
240000 | shares |
CY2019Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
734000 | shares |
CY2020Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
80000000 | USD | |
CY2020Q2 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
200000000 | USD |
CY2020Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
120000000 | USD |
CY2020Q2 | us-gaap |
Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
|
0 | shares |
CY2020Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2020Q2 | crus |
Number Of Product Lines
NumberOfProductLines
|
2 | product_line |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
242573000 | USD |
CY2019Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
238253000 | USD |