2023 Q4 Form 10-Q Financial Statement
#000077240623000055 Filed on November 02, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $619.0M | $481.1M |
YoY Change | 4.81% | -11.01% |
Cost Of Revenue | $301.5M | $234.5M |
YoY Change | 2.6% | -12.93% |
Gross Profit | $317.5M | $246.6M |
YoY Change | 7.0% | -9.1% |
Gross Profit Margin | 51.29% | 51.26% |
Selling, General & Admin | $37.60M | $34.32M |
YoY Change | 0.92% | -13.32% |
% of Gross Profit | 11.85% | 13.92% |
Research & Development | $112.7M | $104.2M |
YoY Change | -4.57% | -9.76% |
% of Gross Profit | 35.49% | 42.26% |
Depreciation & Amortization | $12.68M | $11.70M |
YoY Change | -31.9% | -32.05% |
% of Gross Profit | 4.0% | 4.74% |
Operating Expenses | $150.3M | $140.8M |
YoY Change | -3.25% | -9.17% |
Operating Profit | $167.2M | $105.7M |
YoY Change | 18.25% | -9.01% |
Interest Expense | $4.889M | $3.700M |
YoY Change | 76.05% | 187.94% |
% of Operating Profit | 2.92% | 3.5% |
Other Income/Expense, Net | -$337.0K | -$70.00K |
YoY Change | -90.93% | -123.73% |
Pretax Income | $172.1M | $109.4M |
YoY Change | 22.54% | -7.12% |
Income Tax | $33.38M | $34.00M |
% Of Pretax Income | 19.39% | 31.08% |
Net Earnings | $138.7M | $75.41M |
YoY Change | 34.06% | -13.51% |
Net Earnings / Revenue | 22.41% | 15.68% |
Basic Earnings Per Share | $1.38 | |
Diluted Earnings Per Share | $2.50 | $1.34 |
COMMON SHARES | ||
Basic Shares Outstanding | 53.90M shares | 54.71M shares |
Diluted Shares Outstanding | 56.28M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $516.8M | $312.4M |
YoY Change | 11.63% | -17.55% |
Cash & Equivalents | $483.9M | $277.8M |
Short-Term Investments | $32.84M | $34.60M |
Other Short-Term Assets | $61.01M | $71.29M |
YoY Change | -31.27% | 7.73% |
Inventory | $256.7M | $328.9M |
Prepaid Expenses | $48.80M | $32.84M |
Receivables | $217.3M | $271.9M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.185B | $1.097B |
YoY Change | 16.96% | 14.67% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $167.6M | $171.0M |
YoY Change | 7.01% | 7.77% |
Goodwill | $435.9M | $435.9M |
YoY Change | 0.0% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | $70.26M | $40.00M |
YoY Change | 56.89% | -18.39% |
Other Assets | $77.68M | $44.05M |
YoY Change | 14.38% | -38.11% |
Total Long-Term Assets | $1.032B | $1.008B |
YoY Change | -10.47% | -16.56% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.185B | $1.097B |
Total Long-Term Assets | $1.032B | $1.008B |
Total Assets | $2.217B | $2.104B |
YoY Change | 2.37% | -2.75% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $56.23M | $87.34M |
YoY Change | -52.11% | -25.98% |
Accrued Expenses | $90.69M | $97.90M |
YoY Change | 28.8% | 2.56% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $178.6M | $201.2M |
YoY Change | -21.86% | -28.75% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $47.10M | $7.277M |
YoY Change | -78.69% | -96.8% |
Total Long-Term Liabilities | $237.8M | $194.9M |
YoY Change | 7.57% | -14.17% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $178.6M | $201.2M |
Total Long-Term Liabilities | $237.8M | $194.9M |
Total Liabilities | $416.4M | $396.1M |
YoY Change | -7.39% | -22.25% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $66.63M | -$1.213M |
YoY Change | -17.6% | -102.96% |
Common Stock | $1.736B | $1.713B |
YoY Change | 5.9% | 5.84% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.801B | $1.708B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.217B | $2.104B |
YoY Change | 2.37% | -2.75% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $138.7M | $75.41M |
YoY Change | 34.06% | -13.51% |
Depreciation, Depletion And Amortization | $12.68M | $11.70M |
YoY Change | -31.9% | -32.05% |
Cash From Operating Activities | $313.6M | -$22.70M |
YoY Change | 73.34% | -163.07% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $9.850M | $8.500M |
YoY Change | -229.47% | -182.95% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$27.21M | -$600.0K |
YoY Change | -10645.35% | -154.01% |
Cash From Investing Activities | -$36.96M | -$9.200M |
YoY Change | 402.82% | 0.7% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -70.64M | -42.60M |
YoY Change | -24.92% | -16.71% |
NET CHANGE | ||
Cash From Operating Activities | 313.6M | -22.70M |
Cash From Investing Activities | -36.96M | -9.200M |
Cash From Financing Activities | -70.64M | -42.60M |
Net Change In Cash | 206.0M | -74.50M |
YoY Change | 159.18% | 206.69% |
FREE CASH FLOW | ||
Cash From Operating Activities | $313.6M | -$22.70M |
Capital Expenditures | $9.850M | $8.500M |
Free Cash Flow | $303.8M | -$31.20M |
YoY Change | 61.12% | -167.48% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
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CY2022Q3 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
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CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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20483000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1654614000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
75407000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
205000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-342000 | usd |
CY2023Q3 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
40920000 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
19291000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1708355000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1599817000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
126895000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-742000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
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us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
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us-gaap |
Stock Repurchased And Retired During Period Value
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|
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us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
38621000 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1654614000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
91007000 | usd | |
us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
189000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-792000 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
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us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
79775000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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42006000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1708355000 | usd |
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
|
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CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
3000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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1653000 | usd |
CY2023Q3 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
74678000 | usd |
CY2023Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
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CY2023Q3 | crus |
Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
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Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
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CY2023Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
1200000 | usd |
CY2023Q3 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
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CY2023Q3 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
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CY2023Q1 | us-gaap |
Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
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CY2023Q3 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
1 | derivtive |
CY2023Q3 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
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Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
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CY2023Q1 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
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CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
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CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
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Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2023Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
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CY2023Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
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CY2023Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
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CY2023Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
183345000 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
117362000 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
328930000 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
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CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
481063000 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
540574000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2300000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
109408000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
117797000 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
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us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
172884000 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30609000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41171000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
45989000 | usd | |
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
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|
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CY2022Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
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|
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us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.311 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.266 | ||
CY2023Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.311 | |
CY2023Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
32900000 | usd |
CY2023Q3 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
8000000 | usd |
us-gaap |
Income Tax Examination Estimate Of Possible Loss
IncomeTaxExaminationEstimateOfPossibleLoss
|
168300000 | usd | |
crus |
Income Tax Examination Estimate Of Possible Loss Penalties Expense
IncomeTaxExaminationEstimateOfPossibleLossPenaltiesExpense
|
63700000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
75407000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
87188000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
91007000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
126895000 | usd | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54503000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55726000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
54683000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56002000 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1775000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1692000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1770000 | shares | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1618000 | shares | |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56278000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57418000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56453000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57620000 | shares | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.38 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.56 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.66 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.27 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.34 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.52 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.61 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.20 | ||
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
393000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
364000 | shares | |
CY2022Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
265000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
288000 | shares | |
CY2021Q3 | crus |
Payments For Purchase Commitment Capacity Reservation Fee
PaymentsForPurchaseCommitmentCapacityReservationFee
|
60000000 | usd |
CY2023Q3 | crus |
Unamortized Capacity Reservation Fees
UnamortizedCapacityReservationFees
|
36000000 | usd |
CY2023Q3 | crus |
Payments For Purchase Commitments Prepaid Wafers
PaymentsForPurchaseCommitmentsPrepaidWafers
|
195000000 | usd |
CY2023Q3 | crus |
Purchase Commitments Prepaid And Long Term Prepaid Wafers
PurchaseCommitmentsPrepaidAndLongTermPrepaidWafers
|
174000000 | usd |
CY2023Q3 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P11Y | |
CY2023Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
17000000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares |
us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares | |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares |
us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
100000 | shares | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
crus |
Number Of Product Lines
NumberOfProductLines
|
2 | product_line | |
CY2023Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |