2024 Q2 Form 10-K Financial Statement

#000077240624000031 Filed on May 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
Revenue $374.0M $371.8M $1.789B
YoY Change 17.98% -0.27% -5.73%
Cost Of Revenue $185.1M $179.2M $872.8M
YoY Change 17.43% -3.9% -7.21%
Gross Profit $188.9M $192.6M $916.1M
YoY Change 18.53% 3.37% -4.27%
Gross Profit Margin 50.51% 51.81% 51.21%
Selling, General & Admin $36.77M $36.87M $144.2M
YoY Change 3.93% -2.06% -5.86%
% of Gross Profit 19.46% 19.14% 15.74%
Research & Development $105.4M $103.4M $426.5M
YoY Change -0.8% -10.23% -6.97%
% of Gross Profit 55.77% 53.67% 46.55%
Depreciation & Amortization $12.36M $12.01M $48.29M
YoY Change 3.5% -36.27% -32.18%
% of Gross Profit 6.54% 6.23% 5.27%
Operating Expenses $142.1M $140.2M $570.6M
YoY Change 0.38% -8.22% -6.69%
Operating Profit $46.79M $52.38M $345.4M
YoY Change 162.98% 56.11% 0.0%
Interest Expense $8.170M $7.360M $20.58M
YoY Change 77.61% 55.93% 126.46%
% of Operating Profit 17.46% 14.05% 5.96%
Other Income/Expense, Net $1.609M -$78.00K -$108.0K
YoY Change 326.79% -83.19% -96.8%
Pretax Income $56.60M $59.66M $363.9M
YoY Change 148.59% -201.83% 42.87%
Income Tax $14.50M $14.82M $89.36M
% Of Pretax Income 25.62% 24.83% 24.55%
Net Earnings $42.10M $44.84M $274.6M
YoY Change 169.84% -183.55% 55.39%
Net Earnings / Revenue 11.25% 12.06% 15.35%
Basic Earnings Per Share $0.79 $5.06
Diluted Earnings Per Share $0.76 $0.81 $4.90
COMMON SHARES
Basic Shares Outstanding 53.57M shares 53.93M shares 54.29M shares
Diluted Shares Outstanding 55.67M shares 56.02M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $517.0M $526.5M $526.5M
YoY Change 33.22% 9.52% 9.52%
Cash & Equivalents $491.4M $502.8M $502.8M
Short-Term Investments $25.68M $23.78M $23.78M
Other Short-Term Assets $29.09M $189.9M $189.9M
YoY Change -83.24% 23.99% 23.99%
Inventory $232.6M $227.2M $227.2M
Prepaid Expenses $48.28M $48.05M
Receivables $190.1M $162.5M $162.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.102B $1.106B $1.106B
YoY Change 5.06% 8.68% 8.68%
LONG-TERM ASSETS
Property, Plant & Equipment $171.0M $308.5M $308.5M
YoY Change -41.61% 5.96% 5.96%
Goodwill $435.9M $435.9M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $227.5M $173.4M $173.4M
YoY Change 498.3% 374.88% 374.88%
Other Assets $60.55M $178.0M $178.0M
YoY Change -70.42% -26.94% -26.94%
Total Long-Term Assets $1.164B $1.125B $1.125B
YoY Change 15.47% 7.58% 7.58%
TOTAL ASSETS
Total Short-Term Assets $1.102B $1.106B $1.106B
Total Long-Term Assets $1.164B $1.125B $1.125B
Total Assets $2.266B $2.232B $2.232B
YoY Change 10.16% 8.12% 8.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $77.56M $55.55M $55.55M
YoY Change 2.13% -31.81% -31.81%
Accrued Expenses $96.63M $130.8M $130.8M
YoY Change 10.88% 15.27% 15.27%
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 $201.7M $186.4M $186.4M
YoY Change -0.55% -13.84% -13.84%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $193.0K $228.2M $228.2M
YoY Change -99.9% 20.51% 20.51%
Total Long-Term Liabilities $216.3M $228.2M $228.2M
YoY Change 9.8% 20.51% 20.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $201.7M $186.4M $186.4M
Total Long-Term Liabilities $216.3M $228.2M $228.2M
Total Liabilities $418.0M $414.6M $414.6M
YoY Change 4.55% 2.19% 2.19%
SHAREHOLDERS EQUITY
Retained Earnings $58.59M $58.92M
YoY Change -274.27% -732.15%
Common Stock $1.792B $1.761B
YoY Change 5.84% 5.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.848B $1.817B $1.817B
YoY Change
Total Liabilities & Shareholders Equity $2.266B $2.232B $2.232B
YoY Change 10.16% 8.12% 8.12%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income $42.10M $44.84M $274.6M
YoY Change 169.84% -183.55% 55.39%
Depreciation, Depletion And Amortization $12.36M $12.01M $48.29M
YoY Change 3.5% -36.27% -32.18%
Cash From Operating Activities $87.16M $168.6M $421.7M
YoY Change -318.93% 249.25% 24.18%
INVESTING ACTIVITIES
Capital Expenditures $9.990M $7.695M $38.35M
YoY Change -18.85% -33.86% 4.44%
Acquisitions $0.00
YoY Change
Other Investing Activities -$56.41M -$94.56M -$124.7M
YoY Change 2327.45% -3871.84% -3784.01%
Cash From Investing Activities -$66.56M -$102.3M -$163.0M
YoY Change 354.82% 1020.23% 389.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$15.69M
YoY Change -92.13%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$32.02M -49.44M -201.7M
YoY Change -17.89% 77.21% -12.41%
NET CHANGE
Cash From Operating Activities $87.16M 168.6M 421.7M
Cash From Investing Activities -$66.56M -102.3M -163.0M
Cash From Financing Activities -$32.02M -49.44M -201.7M
Net Change In Cash -$11.41M 16.87M 56.98M
YoY Change -87.79% 50.12% -25.0%
FREE CASH FLOW
Cash From Operating Activities $87.16M $168.6M $421.7M
Capital Expenditures $9.990M $7.695M $38.35M
Free Cash Flow $77.17M $160.9M $383.3M
YoY Change -248.06% 339.17% 26.57%

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CY2024 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Accounts Receivable
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CY2023 us-gaap Increase Decrease In Inventories
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CY2024 crus Increase Decrease In Advances On Inventory Purchases
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CY2023 crus Increase Decrease In Advances On Inventory Purchases
IncreaseDecreaseInAdvancesOnInventoryPurchases
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CY2022 crus Increase Decrease In Advances On Inventory Purchases
IncreaseDecreaseInAdvancesOnInventoryPurchases
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CY2023 us-gaap Increase Decrease In Other Operating Assets
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CY2022 us-gaap Increase Decrease In Other Operating Assets
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CY2024 us-gaap Increase Decrease In Accounts Payable
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CY2023 us-gaap Increase Decrease In Accounts Payable
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CY2022 us-gaap Increase Decrease In Accounts Payable
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CY2022 us-gaap Increase Decrease In Employee Related Liabilities
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CY2024 us-gaap Increase Decrease In Accrued Income Taxes Payable
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37650000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
35090000 usd
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PaymentsToAcquirePropertyPlantAndEquipment
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CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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NetCashProvidedByUsedInInvestingActivities
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CY2023 us-gaap Payment For Contingent Consideration Liability Financing Activities
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22732000 usd
CY2024 us-gaap Payments For Repurchase Of Common Stock
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CY2023 us-gaap Payments For Repurchase Of Common Stock
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CY2024 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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56980000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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75970000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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445784000 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
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
502764000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
445784000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
369814000 usd
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CY2023 us-gaap Income Taxes Paid Net
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91955000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
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CY2024 us-gaap Interest Paid Net
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658000 usd
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CY2022 us-gaap Interest Paid Net
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572000 usd
CY2021Q1 us-gaap Stockholders Equity
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1389005000 usd
CY2022 us-gaap Net Income Loss
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326355000 usd
CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-4413000 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2022 us-gaap Stock Repurchased And Retired During Period Value
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167501000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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66392000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1599817000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
176703000 usd
CY2023 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
340000 usd
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-834000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023 us-gaap Stock Repurchased And Retired During Period Value
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191383000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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81575000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1658282000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
274572000 usd
CY2024 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
786000 usd
CY2024 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-850000 usd
CY2024 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2024 us-gaap Stock Repurchased And Retired During Period Value
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187327000 usd
CY2024 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
87231000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1817014000 usd
CY2024 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications have been made to prior year balances in order to conform to the current year’s presentation of financial information.</span></div>
CY2024 us-gaap Use Of Estimates
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<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in accordance with U.S. GAAP requires the use of management estimates. These estimates are subjective in nature and involve judgments that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at fiscal year-end and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates.</span></div>
CY2024 crus Net Inventory Reserve Releases
NetInventoryReserveReleases
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CY2023 us-gaap Inventory Write Down
InventoryWriteDown
9900000 usd
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
130842000 usd
CY2023Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
116088000 usd
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
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CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
117362000 usd
CY2024Q1 us-gaap Inventory Net
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CY2023Q1 us-gaap Inventory Net
InventoryNet
233450000 usd
CY2023 crus Restructuring Charges Disposal Of Equipment Net Of Recovery From Sales
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CY2023 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 usd
CY2024 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
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197152000 usd
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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1000000 usd
CY2024Q1 crus Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
172100000 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
25000000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
423589000 usd
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
397193000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
253414000 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
234221000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
170175000 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
162972000 usd
CY2024 us-gaap Depreciation And Amortization
DepreciationAndAmortization
28100000 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
27100000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
24800000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
85800000 usd
CY2022 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2024 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2024 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to material concentrations of credit risk consist primarily of cash equivalents, marketable securities, long-term marketable securities, and trade accounts receivable. We are exposed to credit risk to the extent of the amounts recorded on the balance sheet. By policy, our cash equivalents, marketable securities, and long-term marketable securities are subject to certain nationally recognized credit standards, issuer concentrations, sovereign risk, and marketability or liquidity considerations.</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In evaluating our trade receivables, we perform credit evaluations of our major customers’ financial condition and monitor closely all of our receivables to limit our financial exposure by limiting the length of time and amount of credit extended. In certain situations, we may require payment in advance or utilize letters of credit to reduce credit risk. By policy, we establish a reserve for trade accounts receivable based on the type of business in which a customer is engaged, the length of time a trade account receivable is outstanding, and other knowledge that we may possess relating to the probability that a trade receivable is at risk for non-payment.</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We had three contract manufacturers aggregated at their parent level, Foxconn, Luxshare Precision, and Pegatron, who represented 43 percent, 11 percent, and 10 percent, respectively, of our consolidated gross trade accounts receivable as of the end of fiscal year 2024. We had three contract manufacturers aggregated at their parent level, Foxconn, Pegatron, and Luxshare Precision, who represented 35 percent, 16 percent, and 11 percent, respectively, of our consolidated gross trade accounts receivable as of the end of fiscal year 2023. No other distributor or contract manufacturer had receivable balances that represented more than 10 percent of consolidated gross trade accounts receivable as of the end of fiscal year 2024 or 2023.</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Since the components we produce are largely proprietary and generally not available from second sources, we consider our end customer to be the entity specifying the use of our component in their design. These end customers may then purchase our products directly from us, from a distributor, or through a third-party manufacturer contracted to produce their end product. For fiscal years 2024, 2023 and 2022, our ten largest end customers represented approximately 95 percent, 92 percent and 93 percent of our sales, respectively. For fiscal years 2024, 2023, and 2022, we had one end customer, Apple Inc., who purchased through multiple contract manufacturers and represented approximately 87 percent, 83 percent, and 79 percent, of the Company’s total sales, respectively. No other customer or distributor represented more than 10 percent of net sales in fiscal years 2024, 2023, or 2022.</span></div>
CY2024 us-gaap Advertising Expense
AdvertisingExpense
300000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
500000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
900000 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
198045000 usd
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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115000 usd
CY2024Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1008000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
274572000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
176703000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
326355000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54290000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
55614000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57278000 shares
CY2024 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1731000 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1612000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1865000 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56021000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57226000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59143000 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.06
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.18
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.70
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.90
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.09
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.52
CY2024 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
325000 shares
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
268000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
113000 shares
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
300000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
73376000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
108000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1997000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
71487000 usd
CY2023Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
2000000 usd
CY2023Q1 crus Available For Sale Securities Amortized Cost On Gross Unrealized Losses
AvailableForSaleSecuritiesAmortizedCostOnGrossUnrealizedLosses
64000000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
56300000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
1900000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
24071000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
23778000 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
35824000 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
34978000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
173974000 usd
CY2024Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
173374000 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
37552000 usd
CY2023Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
36509000 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
198045000 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
197152000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
73376000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
71487000 usd
CY2024Q1 us-gaap Line Of Credit
LineOfCredit
0 usd
CY2024Q1 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
0 usd
CY2024Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
439465000 usd
CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
197152000 usd
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
71487000 usd
CY2024Q1 us-gaap Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
1 derivativecontract
CY2024Q1 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
4300000 usd
CY2024Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
162478000 usd
CY2023Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
150473000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
162478000 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
150473000 usd
CY2023 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
85800000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
175256000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
145678000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
29578000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
180405000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
141529000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
38876000 usd
CY2024 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9000000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
33700000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29000000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
7478000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
6725000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
6590000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
6589000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
2196000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
0 usd
CY2024Q1 us-gaap Goodwill
Goodwill
435900000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
435900000 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest Next Twelve Months
LongTermDebtRepaymentsOfInterestNextTwelveMonths
404000 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest Year One
LongTermDebtRepaymentsOfInterestYearOne
532000 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest Year Two
LongTermDebtRepaymentsOfInterestYearTwo
277000 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest Year Three
LongTermDebtRepaymentsOfInterestYearThree
0 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest Year Four
LongTermDebtRepaymentsOfInterestYearFour
0 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest After Year Four
LongTermDebtRepaymentsOfInterestAfterYearFour
0 usd
CY2024Q1 crus Long Term Debt Repayments Of Interest
LongTermDebtRepaymentsOfInterest
1213000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1788890000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1897617000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1781460000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1788890000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1897617000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1781460000 usd
CY2024 us-gaap Operating Lease Cost
OperatingLeaseCost
17498000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
18071000 usd
CY2024 us-gaap Variable Lease Cost
VariableLeaseCost
5259000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
6226000 usd
CY2024 us-gaap Short Term Lease Cost
ShortTermLeaseCost
853000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
86000 usd
CY2023 crus Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag
OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag
Operating lease income
CY2024 crus Operating Lease Income Comprehensive Income Extensible List Not Disclosed Flag
OperatingLeaseIncomeComprehensiveIncomeExtensibleListNotDisclosedFlag
Operating lease income
CY2024 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
164000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
464000 usd
CY2024 us-gaap Lease Cost
LeaseCost
23446000 usd
CY2023 us-gaap Lease Cost
LeaseCost
23919000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
138288000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
128145000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
155216000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
141073000 usd
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
19189000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
14531000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
24784000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4381000 usd
CY2024 crus Lessee Operating Lease Remeasurement Gain Loss
LesseeOperatingLeaseRemeasurementGainLoss
-1606000 usd
CY2023 crus Lessee Operating Lease Remeasurement Gain Loss
LesseeOperatingLeaseRemeasurementGainLoss
-28965000 usd
CY2024 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
563000 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
5579000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04
CY2024Q1 crus Lessee Operating Lease Lease Not Yet Commenced Undiscounted Amount
LesseeOperatingLeaseLeaseNotYetCommencedUndiscountedAmount
5000000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
21006000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20823000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18705000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
19121000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
17922000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
102968000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
200545000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
45329000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
155216000 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20640000 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18442000 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
134576000 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
122631000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
155216000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
141073000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
2300000 usd
crus Restructuring Charges Recovery
RestructuringChargesRecovery
400000 usd
CY2023 us-gaap Restructuring Charges
RestructuringCharges
10600000 usd
CY2023 crus Operating Leases And Leasehold Improvements Impairment Loss
OperatingLeasesAndLeaseholdImprovementsImpairmentLoss
6900000 usd
CY2023 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
3700000 usd
CY2024Q1 us-gaap Restructuring Reserve
RestructuringReserve
1600000 usd
CY2024 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
11000000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
10200000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
9600000 usd
CY2024 crus Share Based Compensation Shares Available For Grant Reduction Ratio
ShareBasedCompensationSharesAvailableForGrantReductionRatio
1.5
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4025000 shares
CY2022 crus Shares Available For Grant Shares Added
SharesAvailableForGrantSharesAdded
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
1679000 shares
CY2022 crus Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantForfeited
271000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2617000 shares
CY2023 crus Shares Available For Grant Shares Added
SharesAvailableForGrantSharesAdded
2090000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
2536000 shares
CY2023 crus Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantForfeited
303000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2474000 shares
CY2024 crus Shares Available For Grant Shares Added
SharesAvailableForGrantSharesAdded
0 shares
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
1813000 shares
CY2024 crus Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrantForfeited
317000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
978000 shares
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
89271000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
81641000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
66392000 usd
CY2024 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
20646000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
15184000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
11521000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
68625000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
66457000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
54871000 usd
CY2024 crus Share Based Compensation Effects On Basic Earnings Loss Per Share
ShareBasedCompensationEffectsOnBasicEarningsLossPerShare
1.26
CY2023 crus Share Based Compensation Effects On Basic Earnings Loss Per Share
ShareBasedCompensationEffectsOnBasicEarningsLossPerShare
1.19
CY2022 crus Share Based Compensation Effects On Basic Earnings Loss Per Share
ShareBasedCompensationEffectsOnBasicEarningsLossPerShare
0.96
CY2024 crus Share Based Compensation Effects On Diluted Earnings Loss Per Share
ShareBasedCompensationEffectsOnDilutedEarningsLossPerShare
1.22
CY2023 crus Share Based Compensation Effects On Diluted Earnings Loss Per Share
ShareBasedCompensationEffectsOnDilutedEarningsLossPerShare
1.16
CY2022 crus Share Based Compensation Effects On Diluted Earnings Loss Per Share
ShareBasedCompensationEffectsOnDilutedEarningsLossPerShare
0.93
CY2024 crus Share Based Compensation Excess Tax Benefits Amount
ShareBasedCompensationExcessTaxBenefitsAmount
200000 usd
CY2023 crus Share Based Compensation Excess Tax Benefits Amount
ShareBasedCompensationExcessTaxBenefitsAmount
1400000 usd
CY2022 crus Share Based Compensation Excess Tax Benefits Amount
ShareBasedCompensationExcessTaxBenefitsAmount
3900000 usd
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2024 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
3300000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
10100000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
13200000 usd
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
100000 shares
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
200000 shares
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
300000 shares
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2800000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11400000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
15800000 usd
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1059000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
49.87
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
88000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
87.52
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
327000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
40.31
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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