$ENPH
Enphase Energy, Inc. Stock $enph

$enph Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000146310113000006 Filed on May 08, 2013

Income Statement

Concept	2013 Q2	2013 Q1	2012 Q1
Revenue	$58.17M	$45.58M	$42.60M
YoY Change	4.43%	6.99%	135.76%
Cost Of Revenue	$41.88M	$33.38M	$33.29M
YoY Change	-0.51%	0.25%	115.89%
Gross Profit	$16.28M	$12.20M	$9.307M
YoY Change	19.73%	31.09%	251.47%
Gross Profit Margin	28.0%	26.77%	21.85%
Selling, General & Admin	$13.29M	$12.89M	$10.75M
YoY Change	6.75%	19.93%	71.65%
% of Gross Profit	81.62%	105.61%	115.45%
Research & Development	$8.484M	$9.026M	$7.842M
YoY Change	-1.98%	15.1%	46.72%
% of Gross Profit	52.1%	73.98%	84.26%
Depreciation & Amortization	$1.700M	$1.660M	$1.085M
YoY Change	21.43%	53.0%	117.0%
% of Gross Profit	10.44%	13.61%	11.66%
Operating Expenses	$21.78M	$21.91M	$18.59M
YoY Change	3.17%	17.89%	60.16%
Operating Profit	-$5.491M	-$9.711M	-$9.280M
YoY Change	-26.84%	4.64%	3.61%
Interest Expense	$484.0K	$464.0K	$1.479M
YoY Change	-85.79%	-68.63%	-593.0%
% of Operating Profit
Other Income/Expense, Net	-$781.0K	-$513.0K	-$839.0K
YoY Change	-79.06%	-38.86%	152.71%
Pretax Income	-$6.272M	-$10.22M	-$10.12M
YoY Change	-44.17%	1.04%	8.81%
Income Tax	$124.0K	$182.0K	$65.00K
% Of Pretax Income
Net Earnings	-$6.396M	-$10.41M	-$10.18M
YoY Change	-43.82%	2.18%	9.64%
Net Earnings / Revenue	-11.0%	-22.83%	-23.91%
Basic Earnings Per Share
Diluted Earnings Per Share	-$153.8K	-$253.0K	-$259.5K
COMMON SHARES
Basic Shares Outstanding	41.62M shares	41.22M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2013 Q2	2013 Q1	2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$34.00M	$36.40M	$31.90M
YoY Change	-49.25%	14.11%	4.59%
Cash & Equivalents	$33.98M	$36.43M	$31.90M
Short-Term Investments
Other Short-Term Assets	$2.700M	$2.500M	$2.300M
YoY Change	3.85%	8.7%	187.5%
Inventory	$17.91M	$22.31M	$25.70M
Prepaid Expenses
Receivables	$32.10M	$24.91M	$13.40M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$86.69M	$86.14M	$73.30M
YoY Change	-21.54%	17.52%	62.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$25.14M	$25.28M	$22.70M
YoY Change	1.79%	11.37%	149.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.513M	$1.641M	$7.300M
YoY Change	8.07%	-77.52%	812.5%
Total Long-Term Assets	$26.65M	$26.92M	$30.10M
YoY Change	2.52%	-10.56%	207.14%
TOTAL ASSETS
Total Short-Term Assets	$86.69M	$86.14M	$73.30M
Total Long-Term Assets	$26.65M	$26.92M	$30.10M
Total Assets	$113.3M	$113.1M	$103.4M
YoY Change	-16.96%	9.35%	88.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$10.01M	$9.057M	$24.80M
YoY Change	-60.89%	-63.48%	270.15%
Accrued Expenses	$19.35M	$18.52M	$10.60M
YoY Change	54.78%	74.73%	171.79%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$3.365M	$2.440M	$5.400M
YoY Change	-48.23%	-54.81%	116.0%
Total Short-Term Liabilities	$33.98M	$31.09M	$58.20M
YoY Change	-24.82%	-46.59%	298.63%
LONG-TERM LIABILITIES
Long-Term Debt	$6.531M	$8.046M	$28.40M
YoY Change	-3.96%	-71.67%	365.57%
Other Long-Term Liabilities	$394.0K	$352.0K	$12.20M
YoY Change	-97.26%	-97.11%	165.22%
Total Long-Term Liabilities	$6.925M	$8.398M	$40.60M
YoY Change	-67.33%	-79.32%	279.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.98M	$31.09M	$58.20M
Total Long-Term Liabilities	$6.925M	$8.398M	$40.60M
Total Liabilities	$69.00M	$64.96M	$98.80M
YoY Change	3.92%	-34.26%	290.51%
SHAREHOLDERS EQUITY
Retained Earnings	-$143.8M	-$137.4M
YoY Change
Common Stock	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$44.35M	$48.11M	$4.500M
YoY Change
Total Liabilities & Shareholders Equity	$113.3M	$113.1M	$103.4M
YoY Change	-16.96%	9.35%	88.69%

Cashflow Statement

Concept	2013 Q2	2013 Q1	2012 Q1
OPERATING ACTIVITIES
Net Income	-$6.396M	-$10.41M	-$10.18M
YoY Change	-43.82%	2.18%	9.64%
Depreciation, Depletion And Amortization	$1.700M	$1.660M	$1.085M
YoY Change	21.43%	53.0%	117.0%
Cash From Operating Activities	-$1.000M	-$6.972M	-$14.07M
YoY Change	-94.35%	-50.45%	56.34%
INVESTING ACTIVITIES
Capital Expenditures	-$1.800M	$1.682M	$4.605M
YoY Change	-47.06%	-63.47%	-300.22%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$1.800M	-$1.682M	-$4.605M
YoY Change	-47.06%	-63.47%	100.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$591.0K	$3.287M
YoY Change		-82.02%
Cash From Financing Activities	300.0K	-$28.00K	-$973.0K
YoY Change	-99.47%	-97.12%	-151.21%
NET CHANGE
Cash From Operating Activities	-1.000M	-$6.972M	-$14.07M
Cash From Investing Activities	-1.800M	-$1.682M	-$4.605M
Cash From Financing Activities	300.0K	-$28.00K	-$973.0K
Net Change In Cash	-2.500M	-$8.682M	-$19.65M
YoY Change	-107.1%	-55.81%	109.03%
FREE CASH FLOW
Cash From Operating Activities	-$1.000M	-$6.972M	-$14.07M
Capital Expenditures	-$1.800M	$1.682M	$4.605M
Free Cash Flow	$800.0K	-$8.654M	-$18.68M
YoY Change	-105.59%	-53.66%	178.75%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	enph	Conversion Of Convertible Preferred Stock Into Common Stock ConversionOfConvertiblePreferredStockIntoCommonStock	25171017	shares
CY2013Q1	enph	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	0	USD
CY2013Q1	enph	Line Of Credit Number Of Debt Agreements LineOfCreditNumberOfDebtAgreements	3	debt_agreement
CY2013Q1	enph	Offering Costs Not Yet Paid OfferingCostsNotYetPaid	0	USD
CY2012Q1	enph	Offering Costs Not Yet Paid OfferingCostsNotYetPaid	1753000	USD
CY2012Q2	enph	Other Estimated Offering Costs OtherEstimatedOfferingCosts	4800000	USD
CY2012Q2	enph	Stock Issued During Period Shares Conversion Of Convertible Securities And Paid In Kind Interest StockIssuedDuringPeriodSharesConversionOfConvertibleSecuritiesAndPaidInKindInterest	3533988	shares
CY2012Q2	enph	Underwriters Discounts And Commissions UnderwritersDiscountsAndCommissions	3300000	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	11272000	USD
CY2013Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	9057000	USD
CY2013Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	24908000	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	27743000	USD
CY2013Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	18521000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	19266000	USD
CY2013Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-126000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	52000	USD
CY2013Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	185667000	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	183629000	USD
CY2012Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	706000	USD
CY2013Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1435000	USD
CY2013Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1024000	USD
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1177000	USD
CY2012Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	937000	USD
CY2013Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	108000	USD
CY2012Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	35522000	shares
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8486000	shares
CY2012Q4	us-gaap	Assets Assets	122291000	USD
CY2013Q1	us-gaap	Assets Assets	113065000	USD
CY2013Q1	us-gaap	Assets Current AssetsCurrent	86143000	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	94998000	USD
CY2012Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1708000	USD
CY2013Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	490000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36434000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	45294000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	51524000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	31903000	USD
CY2012Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-19621000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-8860000	USD
CY2013Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2013Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2013Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	41393000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40856000	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40856000	shares
CY2013Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	41393000	shares
CY2013Q1	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2013Q1	us-gaap	Comparability Of Prior Year Financial Data ComparabilityOfPriorYearFinancialData	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Significant Accounting Policies</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There have been no material changes in the Company's significant accounting policies as of and for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three months ended March 31, 2013</font><font style="font-family:inherit;font-size:10pt;">, as compared to the significant accounting policies described in the Company's Annual Report on Form 10-K for the year ended December 31, 2012. </font></div></div>
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-10584000	USD
CY2012Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-10156000	USD
CY2012Q2	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	21200000	USD
CY2012Q1	us-gaap	Cost Of Revenue CostOfRevenue	33293000	USD
CY2013Q1	us-gaap	Cost Of Revenue CostOfRevenue	33376000	USD
CY2013Q1	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	182000	USD
CY2012Q1	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	65000	USD
CY2012Q2	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	6.00
CY2013Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1068000	USD
CY2012Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	933000	USD
CY2012Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	7537000	USD
CY2013Q1	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	8378000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1660000	USD
CY2012Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1085000	USD
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-178000	USD
CY2012Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	28000	USD
CY2013Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	12000000	USD
CY2013Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y7M6D
CY2012Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5696000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6036000	USD
CY2012Q1	us-gaap	Gross Profit GrossProfit	9307000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	12201000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-9711000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-9280000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10119000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-10224000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.25
CY2012Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-5.97
CY2012Q4	us-gaap	Inventory Net InventoryNet	19843000	USD
CY2012Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	2223000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	182000	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	65000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	11222000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-759000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2835000	USD
CY2012Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-4324000	USD
CY2012Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-6192000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	976000	USD
CY2012Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	14433000	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	2466000	USD
CY2012Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	913000	USD
CY2013Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	355000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	464000	USD
CY2012Q1	us-gaap	Interest Expense InterestExpense	1479000	USD
CY2012Q1	us-gaap	Interest Paid InterestPaid	514000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	388000	USD
CY2013Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	20345000	USD
CY2012Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	17620000	USD
CY2013Q1	us-gaap	Inventory Net InventoryNet	22309000	USD
CY2013Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	1964000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	65636000	USD
CY2013Q1	us-gaap	Liabilities Liabilities	64956000	USD
CY2013Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	113065000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	122291000	USD
CY2013Q1	us-gaap	Liabilities Current LiabilitiesCurrent	31086000	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	33855000	USD
CY2013Q1	us-gaap	Loans Payable Current LoansPayableCurrent	2440000	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	11061000	USD
CY2012Q4	us-gaap	Loans Payable Current LoansPayableCurrent	2384000	USD
CY2013Q1	us-gaap	Long Term Debt LongTermDebt	10486000	USD
CY2012Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	2384000	USD
CY2013Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	2440000	USD
CY2012Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	8677000	USD
CY2013Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	8046000	USD
CY2012Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	8677000	USD
CY2013Q1	us-gaap	Long Term Loans Payable LongTermLoansPayable	8046000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-28000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-973000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4605000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1682000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-14071000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6972000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	-10184000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	-10406000	USD
CY2012Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-839000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-513000	USD
CY2013Q1	us-gaap	Operating Expenses OperatingExpenses	21912000	USD
CY2012Q1	us-gaap	Operating Expenses OperatingExpenses	18587000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1752000	USD
CY2013Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1641000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-178000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	28000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	307000	USD
CY2013Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	352000	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-49000	USD
CY2012Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	640000	USD
CY2012Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	279000	USD
CY2013Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
CY2012Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4605000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1682000	USD
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2013Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	22220856	shares
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q1	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2492000	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2118000	USD
CY2012Q2	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	53800000	USD
CY2012Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	2600000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
CY2013Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	603000	USD
CY2012Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	24000	USD
CY2012Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	10564000	USD
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	21338000	USD
CY2011Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	8738000	USD
CY2013Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	23895000	USD
CY2012Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	2687000	USD
CY2013Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	6801000	USD
CY2013Q1	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	17094000	USD
CY2012Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	15260000	USD
CY2012Q1	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	7877000	USD
CY2013Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25281000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25541000	USD
CY2012Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	31000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	40000	USD
CY2012Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	3287000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	591000	USD
CY2012Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	7842000	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	9026000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-127026000	USD
CY2013Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-137432000	USD
CY2013Q1	us-gaap	Sales Revenue Net SalesRevenueNet	45577000	USD
CY2012Q1	us-gaap	Sales Revenue Net SalesRevenueNet	42600000	USD
CY2013Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	6850000	USD
CY2012Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	5049000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1435000	USD
CY2012Q1	us-gaap	Share Based Compensation ShareBasedCompensation	706000	USD
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	73000	shares
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	8.06
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	114000	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	8169000	shares
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	7683000	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	3.28
CY2013Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	3.41
CY2013Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	1.14
CY2013Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	4.93
CY2012Q2	us-gaap	Share Price SharePrice	6.00
CY2013Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	3525000	USD
CY2012Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	2109000	USD
CY2012Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	283000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	968000	USD
CY2012Q2	us-gaap	Stock Issued During Period Shares Conversion Of Convertible Securities StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities	28700000	shares
CY2012Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	10300000	shares
CY2013Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	527000	shares
CY2013Q1	us-gaap	Stockholders Equity StockholdersEquity	48109000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	56655000	USD
CY2013Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	0	USD
CY2012Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	623000	USD
CY2013Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions about future events, and apply judgments that affect the reported amounts of assets, liabilities, revenue, expenses and the related disclosures. Significant estimates and assumptions reflected in the financial statements include revenue recognition, inventory valuation and accrued warranty obligations. Actual results could differ from those estimates.</font></div></div>
CY2012Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	1706000	shares
CY2013Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2013Q1	dei	Entity Registrant Name EntityRegistrantName	Enphase Energy, Inc.
CY2013Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001463101
CY2013Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	41619628	shares
CY2013Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41149000	shares
CY2013Q1	dei	Amendment Flag AmendmentFlag	false
CY2013Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2013Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013Q1	dei	Document Period End Date DocumentPeriodEndDate	2013-03-31
CY2013Q1	dei	Document Type DocumentType	10-Q

Files In Submission

Name	View Source	Status
0001463101-13-000006-index-headers.html	Edgar Link	pending
0001463101-13-000006-index.html	Edgar Link	pending
0001463101-13-000006.txt	Edgar Link	pending
0001463101-13-000006-xbrl.zip	Edgar Link	pending
enph-20130331.xml	Edgar Link	completed
enph-20130331.xsd	Edgar Link	pending
enph-20130331_cal.xml	Edgar Link	unprocessable
enph-20130331_def.xml	Edgar Link	unprocessable
enph-20130331_lab.xml	Edgar Link	unprocessable
enph-20130331_pre.xml	Edgar Link	unprocessable
enph0331201310-q.htm	Edgar Link	pending
enph03312013ex1028.htm	Edgar Link	pending
enph03312013ex1050.htm	Edgar Link	pending
enph03312013ex311.htm	Edgar Link	pending
enph03312013ex312.htm	Edgar Link	pending
enph03312013ex321.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
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R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
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R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$ENPH
Enphase Energy, Inc. Stock $enph

2013 Q2 Form 10-Q Financial Statement

#000146310113000006 Filed on May 08, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ENPH Enphase Energy, Inc. Stock $enph

2013 Q2 Form 10-Q Financial Statement

#000146310113000006 Filed on May 08, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ENPH
Enphase Energy, Inc. Stock $enph