2022 Q3 Form 10-Q Financial Statement
#000077240622000028 Filed on August 02, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $540.6M | $393.6M | $490.0M |
YoY Change | 16.03% | 41.98% | 66.92% |
Cost Of Revenue | $269.3M | $191.0M | $231.2M |
YoY Change | 16.86% | 39.11% | 59.04% |
Gross Profit | $271.3M | $202.6M | $258.7M |
YoY Change | 15.22% | 44.79% | 74.68% |
Gross Profit Margin | 50.18% | 51.48% | 52.8% |
Selling, General & Admin | $39.60M | $38.64M | $39.47M |
YoY Change | 3.84% | 9.94% | 17.47% |
% of Gross Profit | 14.6% | 19.07% | 15.26% |
Research & Development | $115.5M | $109.7M | $111.4M |
YoY Change | 13.08% | 28.03% | 24.05% |
% of Gross Profit | 42.56% | 54.14% | 43.05% |
Depreciation & Amortization | $17.22M | $16.52M | $16.91M |
YoY Change | 8.9% | 38.8% | 45.73% |
% of Gross Profit | 6.35% | 8.15% | 6.53% |
Operating Expenses | $155.1M | $148.4M | $150.9M |
YoY Change | 10.57% | 22.77% | 22.26% |
Operating Profit | $116.2M | $54.28M | $107.9M |
YoY Change | 22.08% | 184.12% | 336.36% |
Interest Expense | $1.285M | $305.0K | -$103.0K |
YoY Change | 3571.43% | -59.92% | -109.36% |
% of Operating Profit | 1.11% | 0.56% | -0.1% |
Other Income/Expense, Net | $295.0K | $506.0K | $180.0K |
YoY Change | -84.13% | -309.09% | -91.82% |
Pretax Income | $117.8M | $55.09M | $107.9M |
YoY Change | 21.33% | 180.74% | 286.89% |
Income Tax | $30.60M | $15.40M | $11.53M |
% Of Pretax Income | 25.98% | 27.96% | 10.68% |
Net Earnings | $87.19M | $39.71M | $96.41M |
YoY Change | 2.46% | 130.73% | 281.37% |
Net Earnings / Revenue | 16.13% | 10.09% | 19.68% |
Basic Earnings Per Share | $1.56 | $0.71 | |
Diluted Earnings Per Share | $1.52 | $0.69 | $1.645M |
COMMON SHARES | |||
Basic Shares Outstanding | 55.94M shares | 56.28M shares | 57.28M shares |
Diluted Shares Outstanding | 57.42M shares | 57.80M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $378.9M | $397.7M | $380.4M |
YoY Change | -4.05% | -10.75% | -23.59% |
Cash & Equivalents | $355.0M | $379.3M | $369.8M |
Short-Term Investments | $23.87M | $18.40M | $10.60M |
Other Short-Term Assets | $66.18M | $45.95M | $40.08M |
YoY Change | 44.57% | 67.72% | 59.63% |
Inventory | $164.6M | $174.4M | $138.4M |
Prepaid Expenses | $42.36M | $36.69M | $40.82M |
Receivables | $304.5M | $206.3M | $240.3M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $956.6M | $861.0M | $840.0M |
YoY Change | 0.79% | 2.58% | -0.3% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $158.7M | $157.2M | $157.1M |
YoY Change | -0.48% | -0.81% | 1.38% |
Goodwill | $435.9M | $435.9M | $435.8M |
YoY Change | -0.42% | 51.62% | 51.58% |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $49.01M | $55.97M | $63.75M |
YoY Change | -27.63% | -82.04% | -79.62% |
Other Assets | $71.18M | $65.24M | $91.55M |
YoY Change | -30.82% | 36.78% | 36.0% |
Total Long-Term Assets | $1.208B | $1.245B | $1.283B |
YoY Change | -5.45% | 27.73% | 29.88% |
TOTAL ASSETS | |||
Total Short-Term Assets | $956.6M | $861.0M | $840.0M |
Total Long-Term Assets | $1.208B | $1.245B | $1.283B |
Total Assets | $2.164B | $2.106B | $2.123B |
YoY Change | -2.79% | 16.09% | 15.99% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $118.0M | $121.5M | $115.4M |
YoY Change | -69.49% | 27.53% | 12.33% |
Accrued Expenses | $95.46M | $82.20M | $96.67M |
YoY Change | 8.14% | 20.56% | 16.61% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $282.4M | $252.6M | $264.8M |
YoY Change | -43.57% | 35.44% | 23.96% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $227.1M | $254.1M | $258.8M |
YoY Change | -11.88% | 15.1% | 13.51% |
Total Long-Term Liabilities | $227.1M | $254.1M | $258.8M |
YoY Change | -11.88% | 15.1% | 13.51% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $282.4M | $252.6M | $264.8M |
Total Long-Term Liabilities | $227.1M | $254.1M | $258.8M |
Total Liabilities | $509.5M | $506.7M | $523.6M |
YoY Change | -32.8% | 24.42% | 18.56% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $40.93M | $5.894M | $23.44M |
YoY Change | -162.32% | -105.37% | -120.8% |
Common Stock | $1.618B | $1.597B | $1.578B |
YoY Change | 5.52% | 5.42% | 5.32% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.655B | $1.599B | $1.600B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.164B | $2.106B | $2.123B |
YoY Change | -2.79% | 16.09% | 15.99% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $87.19M | $39.71M | $96.41M |
YoY Change | 2.46% | 130.73% | 281.37% |
Depreciation, Depletion And Amortization | $17.22M | $16.52M | $16.91M |
YoY Change | 8.9% | 38.8% | 45.73% |
Cash From Operating Activities | $35.99M | $74.37M | $258.2M |
YoY Change | 23.36% | -377.52% | 49.7% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.25M | $6.776M | -$8.456M |
YoY Change | 72.89% | -37.46% | 12.75% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.111M | -$492.0K | -$344.0K |
YoY Change | -94.04% | -89.77% | -68.73% |
Cash From Investing Activities | -$9.136M | -$7.716M | -$8.800M |
YoY Change | -171.85% | -53.84% | 2.33% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $56.38M | ||
YoY Change | 351.02% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -51.14M | -$57.13M | -74.74M |
YoY Change | 26.99% | 322.33% | 52.22% |
NET CHANGE | |||
Cash From Operating Activities | 35.99M | $74.37M | 258.2M |
Cash From Investing Activities | -9.136M | -$7.716M | -8.800M |
Cash From Financing Activities | -51.14M | -$57.13M | -74.74M |
Net Change In Cash | -24.29M | $9.521M | 174.7M |
YoY Change | -1605.08% | -116.69% | 52.17% |
FREE CASH FLOW | |||
Cash From Operating Activities | $35.99M | $74.37M | $258.2M |
Capital Expenditures | -$10.25M | $6.776M | -$8.456M |
Free Cash Flow | $46.24M | $67.59M | $266.7M |
YoY Change | 31.73% | -279.61% | 48.16% |
Facts In Submission
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CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56277000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57582000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57804000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
59513000 | shares |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39707000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17209000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-967000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
-52000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
|
-480000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
|
-1123000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-101000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-236000 | usd |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
38361000 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
16270000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39707000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17209000 | usd |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
16515000 | usd |
CY2021Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
11898000 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18138000 | usd |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
14985000 | usd |
CY2022Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-5860000 | usd |
CY2021Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-9270000 | usd |
CY2022Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-292000 | usd |
CY2021Q2 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | usd |
CY2022Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-99000 | usd |
CY2021Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-108000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-33992000 | usd |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
27822000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
35934000 | usd |
CY2021Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
19459000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-549000 | usd |
CY2021Q2 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
6457000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-20327000 | usd |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-21740000 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
24030000 | usd |
CY2021Q2 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
13752000 | usd |
CY2022Q2 | crus |
Increase Decrease In Acquisition Related Liabilities
IncreaseDecreaseInAcquisitionRelatedLiabilities
|
3164000 | usd |
CY2021Q2 | crus |
Increase Decrease In Acquisition Related Liabilities
IncreaseDecreaseInAcquisitionRelatedLiabilities
|
0 | usd |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
74365000 | usd |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-26796000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
4694000 | usd |
CY2021Q2 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
49158000 | usd |
CY2022Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
5186000 | usd |
CY2021Q2 | us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
53969000 | usd |
CY2022Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
6776000 | usd |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10835000 | usd |
CY2022Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
448000 | usd |
CY2021Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1068000 | usd |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-7716000 | usd |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16714000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
120000 | usd |
CY2021Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
746000 | usd |
CY2022Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
866000 | usd |
CY2021Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1772000 | usd |
CY2022Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
56382000 | usd |
CY2021Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
12501000 | usd |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-57128000 | usd |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13527000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
9521000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-57037000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
369814000 | usd |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
442164000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
379335000 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
385127000 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1389005000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17209000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-887000 | usd |
CY2021Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-52000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-1028000 | usd |
CY2021Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
12501000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
14985000 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1406731000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1599817000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39707000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-379000 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-967000 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-746000 | usd |
CY2022Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
56383000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
18138000 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1599187000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
2803000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74362000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
77165000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
0 | usd |
CY2022Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
2800000 | usd |
CY2022Q2 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
|
77200000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
9000000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
400000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
76673000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
2000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
2325000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74350000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
2300000 | usd |
CY2022Q1 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
|
75500000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
3500000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
100000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
18744000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
18397000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
10697000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
10601000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
58421000 | usd |
CY2022Q2 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
55965000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
65976000 | usd |
CY2022Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
63749000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
77165000 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74362000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
76673000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74350000 | usd |
CY2022Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | usd |
CY2022Q2 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
0 | usd |
CY2022Q2 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74362000 | usd |
CY2022Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
217400000 | usd |
CY2022Q1 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74350000 | usd |
CY2022Q2 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
1 | derivtive |
CY2022Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
1800000 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
206272000 | usd |
CY2022Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
240264000 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
206272000 | usd |
CY2022Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
240264000 | usd |
CY2022Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
109461000 | usd |
CY2022Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
95188000 | usd |
CY2022Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
64909000 | usd |
CY2022Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
43248000 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
174370000 | usd |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
138436000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
393639000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
277253000 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
393639000 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
277253000 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
55087000 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
19622000 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15380000 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2413000 | usd |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.279 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.123 | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15400000 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2400000 | usd |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.279 | |
CY2021Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.123 | |
CY2022Q2 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
32900000 | usd |
CY2022Q2 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
5400000 | usd |
CY2022Q2 | us-gaap |
Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
|
170500000 | usd |
CY2022Q2 | crus |
Income Tax Examination Estimate Of Possible Loss Penalties Expense
IncomeTaxExaminationEstimateOfPossibleLossPenaltiesExpense
|
63700000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39707000 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17209000 | usd |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56277000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57582000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1527000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1931000 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57804000 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
59513000 | shares |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.71 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.30 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.69 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
386000 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
114000 | shares |
CY2022Q2 | crus |
Payments For Long Term Purchase Commitment Capacity Reservation Fee
PaymentsForLongTermPurchaseCommitmentCapacityReservationFee
|
60000000 | usd |
CY2022Q2 | crus |
Prepayment Of Long Term Purchase Commitment On Future Purchases
PrepaymentOfLongTermPurchaseCommitmentOnFuturePurchases
|
195000000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares |
CY2022Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2022Q2 | crus |
Number Of Product Lines
NumberOfProductLines
|
2 | product_line |