$ENPH
Enphase Energy, Inc. Stock $enph

$enph Overview Financials Valuation SEC Filings Company Website

2013 Q2 Form 10-Q Financial Statement

#000146310113000012 Filed on August 07, 2013

Income Statement

Concept	2013 Q2	2012 Q2
Revenue	$58.17M	$55.70M
YoY Change	4.43%	88.22%
Cost Of Revenue	$41.88M	$42.10M
YoY Change	-0.51%	69.84%
Gross Profit	$16.28M	$13.60M
YoY Change	19.73%	182.94%
Gross Profit Margin	28.0%	24.42%
Selling, General & Admin	$13.29M	$12.45M
YoY Change	6.75%	52.7%
% of Gross Profit	81.62%	91.54%
Research & Development	$8.484M	$8.655M
YoY Change	-1.98%	40.89%
% of Gross Profit	52.1%	63.64%
Depreciation & Amortization	$1.700M	$1.400M
YoY Change	21.43%	100.0%
% of Gross Profit	10.44%	10.29%
Operating Expenses	$21.78M	$21.11M
YoY Change	3.17%	47.63%
Operating Profit	-$5.491M	-$7.505M
YoY Change	-26.84%	-20.92%
Interest Expense	$484.0K	$3.405M
YoY Change	-85.79%	-781.0%
% of Operating Profit
Other Income/Expense, Net	-$781.0K	-$3.729M
YoY Change	-79.06%	367.29%
Pretax Income	-$6.272M	-$11.23M
YoY Change	-44.17%	9.07%
Income Tax	$124.0K	$151.0K
% Of Pretax Income
Net Earnings	-$6.396M	-$11.39M
YoY Change	-43.82%	10.66%
Net Earnings / Revenue	-11.0%	-20.44%
Basic Earnings Per Share
Diluted Earnings Per Share	-$153.8K	-$288.6K
COMMON SHARES
Basic Shares Outstanding	41.62M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2013 Q2	2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$34.00M	$67.00M
YoY Change	-49.25%	88.2%
Cash & Equivalents	$33.98M	$66.97M
Short-Term Investments
Other Short-Term Assets	$2.700M	$2.600M
YoY Change	3.85%	420.0%
Inventory	$17.91M	$31.00M
Prepaid Expenses
Receivables	$32.10M	$10.00M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$86.69M	$110.5M
YoY Change	-21.54%	90.85%
LONG-TERM ASSETS
Property, Plant & Equipment	$25.14M	$24.70M
YoY Change	1.79%	105.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.513M	$1.400M
YoY Change	8.07%	-50.0%
Total Long-Term Assets	$26.65M	$26.00M
YoY Change	2.52%	76.87%
TOTAL ASSETS
Total Short-Term Assets	$86.69M	$110.5M
Total Long-Term Assets	$26.65M	$26.00M
Total Assets	$113.3M	$136.5M
YoY Change	-16.96%	88.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$10.01M	$25.60M
YoY Change	-60.89%	79.02%
Accrued Expenses	$19.35M	$12.50M
YoY Change	54.78%	145.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$3.365M	$6.500M
YoY Change	-48.23%	132.14%
Total Short-Term Liabilities	$33.98M	$45.20M
YoY Change	-24.82%	88.33%
LONG-TERM LIABILITIES
Long-Term Debt	$6.531M	$6.800M
YoY Change	-3.96%	-66.5%
Other Long-Term Liabilities	$394.0K	$14.40M
YoY Change	-97.26%	171.7%
Total Long-Term Liabilities	$6.925M	$21.20M
YoY Change	-67.33%	-17.19%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.98M	$45.20M
Total Long-Term Liabilities	$6.925M	$21.20M
Total Liabilities	$69.00M	$66.40M
YoY Change	3.92%	33.87%
SHAREHOLDERS EQUITY
Retained Earnings	-$143.8M
YoY Change
Common Stock	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$44.35M	$70.10M
YoY Change
Total Liabilities & Shareholders Equity	$113.3M	$136.5M
YoY Change	-16.96%	88.02%

Cashflow Statement

Concept	2013 Q2	2012 Q2
OPERATING ACTIVITIES
Net Income	-$6.396M	-$11.39M
YoY Change	-43.82%	10.66%
Depreciation, Depletion And Amortization	$1.700M	$1.400M
YoY Change	21.43%	100.0%
Cash From Operating Activities	-$1.000M	-$17.70M
YoY Change	-94.35%	145.83%
INVESTING ACTIVITIES
Capital Expenditures	-$1.800M	-$3.400M
YoY Change	-47.06%	-20.93%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$1.800M	-$3.400M
YoY Change	-47.06%	-20.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	300.0K	56.30M
YoY Change	-99.47%	241.21%
NET CHANGE
Cash From Operating Activities	-1.000M	-17.70M
Cash From Investing Activities	-1.800M	-3.400M
Cash From Financing Activities	300.0K	56.30M
Net Change In Cash	-2.500M	35.20M
YoY Change	-107.1%	604.0%
FREE CASH FLOW
Cash From Operating Activities	-$1.000M	-$17.70M
Capital Expenditures	-$1.800M	-$3.400M
Free Cash Flow	$800.0K	-$14.30M
YoY Change	-105.59%	393.1%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	enph	Conversion Of Convertible Preferred Stock Into Common Stock ConversionOfConvertiblePreferredStockIntoCommonStock	25171017	shares
	enph	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	0	USD
CY2013Q2	enph	Line Of Credit Number Of Debt Agreements LineOfCreditNumberOfDebtAgreements	3	debt_agreement
	enph	Offering Costsnot Yet Paid OfferingCostsnotYetPaid	0	USD
	enph	Offering Costsnot Yet Paid OfferingCostsnotYetPaid	204000	USD
CY2012Q2	enph	Other Estimated Offering Costs OtherEstimatedOfferingCosts	4800000	USD
	enph	Reclassificationof Preferred Stock Warrant Liability ReclassificationofPreferredStockWarrantLiability	0	USD
	enph	Reclassificationof Preferred Stock Warrant Liability ReclassificationofPreferredStockWarrantLiability	879000	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
CY2013Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	10012000	USD
CY2012Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	11272000	USD
CY2012Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	27743000	USD
CY2013Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	32104000	USD
CY2013Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	19348000	USD
CY2012Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	19266000	USD
CY2013Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	93000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	52000	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	183629000	USD
CY2013Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	188082000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1708000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2910000	USD
CY2013Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1475000	USD
CY2012Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1002000	USD
CY2013Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1052000	USD
CY2012Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1177000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3903000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	215000	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8518000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8582000	shares
CY2012Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7564000	shares
CY2013Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8548000	shares
CY2012Q4	us-gaap	Assets Assets	122291000	USD
CY2013Q2	us-gaap	Assets Assets	113348000	USD
CY2012Q4	us-gaap	Assets Current AssetsCurrent	94998000	USD
CY2013Q2	us-gaap	Assets Current AssetsCurrent	86694000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1692000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	305000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	45294000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33976000	USD
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	66969000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	51524000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	15445000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-11318000	USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2013Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2013Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40856000	shares
CY2013Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	41739000	shares
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6177000	USD
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40856000	shares
CY2013Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	41739000	shares
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2013Q2	us-gaap	Common Stock Value CommonStockValue	0	USD
	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-top: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-top: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 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>
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-16761000	USD
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-11396000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-21552000	USD
CY2012Q2	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	21200000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	75259000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	75389000	USD
CY2012Q2	us-gaap	Cost Of Revenue CostOfRevenue	42096000	USD
CY2013Q2	us-gaap	Cost Of Revenue CostOfRevenue	41883000	USD
CY2013Q2	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	124000	USD
	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	306000	USD
	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	216000	USD
CY2012Q2	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	151000	USD
CY2012Q2	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	6.00
CY2013Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	1258000	USD
CY2012Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	933000	USD
CY2013Q2	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	9303000	USD
CY2012Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	7537000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3369000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2451000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	17000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-187000	USD
CY2013Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	12900000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y7M6D
	us-gaap	Extended Product Warranty Accrual Warranties Issued ExtendedProductWarrantyAccrualWarrantiesIssued	8124000	USD
	us-gaap	Extended Product Warranty Accrual Warranties Issued ExtendedProductWarrantyAccrualWarrantiesIssued	3698000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-110000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-31000	USD
CY2012Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6091000	USD
CY2013Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5926000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11962000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11787000	USD
CY2013Q2	us-gaap	Gross Profit GrossProfit	16284000	USD
CY2012Q2	us-gaap	Gross Profit GrossProfit	13601000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-21353000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-16496000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6272000	USD
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.41
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-1.05
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	19738000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1937000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1317000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	526000	USD
	us-gaap	Interest Expense InterestExpense	4884000	USD
	us-gaap	Interest Expense InterestExpense	948000	USD
	us-gaap	Gross Profit GrossProfit	28485000	USD
	us-gaap	Gross Profit GrossProfit	22908000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-15202000	USD
CY2013Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-5491000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-7505000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-16785000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-11234000	USD
CY2012Q2	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.29
CY2013Q2	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.15
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	151000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	306000	USD
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	124000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	216000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3174000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	16719000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4389000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-7810000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-21402000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	2091000	USD
CY2013Q2	us-gaap	Interest Expense InterestExpense	484000	USD
CY2012Q2	us-gaap	Interest Expense InterestExpense	3405000	USD
	us-gaap	Interest Paid InterestPaid	715000	USD
	us-gaap	Interest Paid InterestPaid	904000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-16802000	USD
CY2013Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	15810000	USD
CY2012Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	17620000	USD
CY2012Q4	us-gaap	Inventory Net InventoryNet	19843000	USD
CY2013Q2	us-gaap	Inventory Net InventoryNet	17906000	USD
CY2012Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	2223000	USD
CY2013Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	2096000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	65636000	USD
CY2013Q2	us-gaap	Liabilities Liabilities	69001000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	122291000	USD
CY2013Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	113348000	USD
CY2013Q2	us-gaap	Liabilities Current LiabilitiesCurrent	33983000	USD
CY2012Q4	us-gaap	Liabilities Current LiabilitiesCurrent	33855000	USD
CY2012Q4	us-gaap	Loans Payable Current LoansPayableCurrent	2384000	USD
CY2013Q2	us-gaap	Loans Payable Current LoansPayableCurrent	3365000	USD
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	11061000	USD
CY2013Q2	us-gaap	Long Term Debt LongTermDebt	9896000	USD
CY2013Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	3365000	USD
CY2012Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	2384000	USD
CY2013Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	6531000	USD
CY2012Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	8677000	USD
CY2013Q2	us-gaap	Long Term Loans Payable LongTermLoansPayable	6531000	USD
CY2012Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	8677000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	55286000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	298000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3467000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8013000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-31845000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7962000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-21569000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	-6396000	USD
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	-11385000	USD
CY2012Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3729000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4568000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1294000	USD
CY2013Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-781000	USD
	us-gaap	Operating Expenses OperatingExpenses	43687000	USD
CY2013Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2708000	USD
CY2012Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	2118000	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	58609000	USD
CY2012Q2	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	53800000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	2600000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	44000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	1534000	USD
CY2012Q2	us-gaap	Operating Expenses OperatingExpenses	21106000	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	21775000	USD
	us-gaap	Operating Expenses OperatingExpenses	39693000	USD
CY2013Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1513000	USD
CY2012Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1752000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	17000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	41000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	219000	USD
CY2012Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-11000	USD
CY2013Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	394000	USD
CY2012Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	307000	USD
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-297000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-346000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	316000	USD
CY2012Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-324000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1828000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3467000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	8013000	USD
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2013Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q2	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
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	21338000	USD
CY2012Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	11412000	USD
CY2013Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	26777000	USD
CY2011Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	8738000	USD
CY2012Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	2220000	USD
CY2013Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	7987000	USD
CY2012Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	15260000	USD
CY2013Q2	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	18790000	USD
CY2012Q2	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	9192000	USD
CY2013Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25141000	USD
CY2012Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25541000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	28000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	63000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	40000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4076000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1196000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	17510000	USD
CY2013Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8484000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	16497000	USD
CY2012Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8655000	USD
CY2013Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-143828000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-127026000	USD
CY2012Q2	us-gaap	Sales Revenue Net SalesRevenueNet	55697000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	98297000	USD
CY2013Q2	us-gaap	Sales Revenue Net SalesRevenueNet	58167000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	103744000	USD
CY2012Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	900000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	11409000	USD
CY2012Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	6360000	USD
CY2013Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	7365000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	14215000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1708000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2910000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	210000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	7.57
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	681000	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	8169000	shares
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	7924000	shares
CY2012Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	3.28
CY2013Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	3.61
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	1.58
CY2013Q2	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	2700000	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	1200000	USD
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	6.64
CY2012Q2	us-gaap	Share Price SharePrice	6.00
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2685000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1024000	USD
	us-gaap	Standard Product Warranty Accrual Preexisting Increase Decrease StandardProductWarrantyAccrualPreexistingIncreaseDecrease	4700000	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	10315151	shares
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	716000	shares
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	21204000	USD
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	0	USD
CY2013Q2	us-gaap	Stockholders Equity StockholdersEquity	44347000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	56655000	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	0	USD
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	520000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top: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>
CY2012Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	39461000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	20584000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41384000	shares
CY2013Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41617000	shares
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
	dei	Document Period End Date DocumentPeriodEndDate	2013-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001463101
CY2013Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	41760714	shares
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Enphase Energy, Inc.

Files In Submission

Name	View Source	Status
0001463101-13-000012-index-headers.html	Edgar Link	pending
0001463101-13-000012-index.html	Edgar Link	pending
0001463101-13-000012.txt	Edgar Link	pending
0001463101-13-000012-xbrl.zip	Edgar Link	pending
enph-20130630.xml	Edgar Link	completed
enph-20130630.xsd	Edgar Link	pending
enph-20130630_cal.xml	Edgar Link	unprocessable
enph-20130630_def.xml	Edgar Link	unprocessable
enph-20130630_lab.xml	Edgar Link	unprocessable
enph-20130630_pre.xml	Edgar Link	unprocessable
enph0630201310-q.htm	Edgar Link	pending
enph06302013ex311.htm	Edgar Link	pending
enph06302013ex312.htm	Edgar Link	pending
enph06302013ex321.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R1.xml	Edgar Link	unprocessable
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R9.htm	Edgar Link	pending
R9.xml	Edgar Link	unprocessable
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

#000146310113000012 Filed on August 07, 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

#000146310113000012 Filed on August 07, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ENPH
Enphase Energy, Inc. Stock $enph