$ENPH
Enphase Energy, Inc. Stock $enph

$enph Overview Financials Valuation SEC Filings Company Website

2014 Q2 Form 10-Q Financial Statement

#000146310114000017 Filed on August 06, 2014

Income Statement

Concept	2014 Q2	2013 Q2
Revenue	$82.00M	$58.17M
YoY Change	40.98%	4.43%
Cost Of Revenue	$55.17M	$41.88M
YoY Change	31.73%	-0.51%
Gross Profit	$26.83M	$16.28M
YoY Change	64.78%	19.73%
Gross Profit Margin	32.72%	28.0%
Selling, General & Admin	$18.17M	$13.29M
YoY Change	36.72%	6.75%
% of Gross Profit	67.73%	81.62%
Research & Development	$11.15M	$8.484M
YoY Change	31.4%	-1.98%
% of Gross Profit	41.55%	52.1%
Depreciation & Amortization	$2.000M	$1.700M
YoY Change	17.65%	21.43%
% of Gross Profit	7.45%	10.44%
Operating Expenses	$29.32M	$21.78M
YoY Change	34.65%	3.17%
Operating Profit	-$2.488M	-$5.491M
YoY Change	-54.69%	-26.84%
Interest Expense	$486.0K	$484.0K
YoY Change	0.41%	-85.79%
% of Operating Profit
Other Income/Expense, Net	-$428.0K	-$781.0K
YoY Change	-45.2%	-79.06%
Pretax Income	-$2.916M	-$6.272M
YoY Change	-53.51%	-44.17%
Income Tax	$115.0K	$124.0K
% Of Pretax Income
Net Earnings	-$3.031M	-$6.396M
YoY Change	-52.61%	-43.82%
Net Earnings / Revenue	-3.7%	-11.0%
Basic Earnings Per Share
Diluted Earnings Per Share	-$70.42K	-$153.8K
COMMON SHARES
Basic Shares Outstanding	42.61M shares	41.62M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2014 Q2	2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$37.60M	$34.00M
YoY Change	10.59%	-49.25%
Cash & Equivalents	$37.62M	$33.98M
Short-Term Investments
Other Short-Term Assets	$5.600M	$2.700M
YoY Change	107.41%	3.85%
Inventory	$15.72M	$17.91M
Prepaid Expenses
Receivables	$46.54M	$32.10M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$105.5M	$86.69M
YoY Change	21.66%	-21.54%
LONG-TERM ASSETS
Property, Plant & Equipment	$25.13M	$25.14M
YoY Change	-0.06%	1.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.486M	$1.513M
YoY Change	-1.78%	8.07%
Total Long-Term Assets	$26.61M	$26.65M
YoY Change	-0.15%	2.52%
TOTAL ASSETS
Total Short-Term Assets	$105.5M	$86.69M
Total Long-Term Assets	$26.61M	$26.65M
Total Assets	$132.1M	$113.3M
YoY Change	16.53%	-16.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$19.51M	$10.01M
YoY Change	94.86%	-60.89%
Accrued Expenses	$18.98M	$19.35M
YoY Change	-1.89%	54.78%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.805M	$3.365M
YoY Change	-16.64%	-48.23%
Total Short-Term Liabilities	$51.96M	$33.98M
YoY Change	52.89%	-24.82%
LONG-TERM LIABILITIES
Long-Term Debt	$3.726M	$6.531M
YoY Change	-42.95%	-3.96%
Other Long-Term Liabilities	$1.357M	$394.0K
YoY Change	244.42%	-97.26%
Total Long-Term Liabilities	$5.083M	$6.925M
YoY Change	-26.6%	-67.33%
TOTAL LIABILITIES
Total Short-Term Liabilities	$51.96M	$33.98M
Total Long-Term Liabilities	$5.083M	$6.925M
Total Liabilities	$94.93M	$69.00M
YoY Change	37.58%	3.92%
SHAREHOLDERS EQUITY
Retained Earnings	-$162.2M	-$143.8M
YoY Change	12.78%
Common Stock	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$37.15M	$44.35M
YoY Change
Total Liabilities & Shareholders Equity	$132.1M	$113.3M
YoY Change	16.53%	-16.96%

Cashflow Statement

Concept	2014 Q2	2013 Q2
OPERATING ACTIVITIES
Net Income	-$3.031M	-$6.396M
YoY Change	-52.61%	-43.82%
Depreciation, Depletion And Amortization	$2.000M	$1.700M
YoY Change	17.65%	21.43%
Cash From Operating Activities	-$200.0K	-$1.000M
YoY Change	-80.0%	-94.35%
INVESTING ACTIVITIES
Capital Expenditures	-$2.100M	-$1.800M
YoY Change	16.67%	-47.06%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$2.100M	-$1.800M
YoY Change	16.67%	-47.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-100.0K	300.0K
YoY Change	-133.33%	-99.47%
NET CHANGE
Cash From Operating Activities	-200.0K	-1.000M
Cash From Investing Activities	-2.100M	-1.800M
Cash From Financing Activities	-100.0K	300.0K
Net Change In Cash	-2.400M	-2.500M
YoY Change	-4.0%	-107.1%
FREE CASH FLOW
Cash From Operating Activities	-$200.0K	-$1.000M
Capital Expenditures	-$2.100M	-$1.800M
Free Cash Flow	$1.900M	$800.0K
YoY Change	137.5%	-105.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.22
	enph	Current Federal State And Local Tax Expense Benefit CurrentFederalStateAndLocalTaxExpenseBenefit	0	USD
	enph	Increase Decreasein Product Warranty Accrual IncreaseDecreaseinProductWarrantyAccrual	5439000	USD
	enph	Increase Decreasein Product Warranty Accrual IncreaseDecreaseinProductWarrantyAccrual	2537000	USD
CY2014Q2	enph	Line Of Credit Number Of Debt Agreements LineOfCreditNumberOfDebtAgreements	3	debt_agreement
CY2013Q2	enph	Product Warranty Accrual Accretion Expense ProductWarrantyAccrualAccretionExpense	0	USD
	enph	Product Warranty Accrual Accretion Expense ProductWarrantyAccrualAccretionExpense	0	USD
	enph	Product Warranty Accrual Accretion Expense ProductWarrantyAccrualAccretionExpense	-40000	USD
CY2014Q2	enph	Product Warranty Accrual Accretion Expense ProductWarrantyAccrualAccretionExpense	-20000	USD
CY2013Q4	enph	Product Warranty Accrual Current Fair Value Disclosure ProductWarrantyAccrualCurrentFairValueDisclosure	0	USD
CY2014Q2	enph	Product Warranty Accrual Current Fair Value Disclosure ProductWarrantyAccrualCurrentFairValueDisclosure	508000	USD
CY2013Q4	enph	Product Warranty Accrual Noncurrent Fair Value Disclosure ProductWarrantyAccrualNoncurrentFairValueDisclosure	0	USD
CY2014Q2	enph	Product Warranty Accrual Noncurrent Fair Value Disclosure ProductWarrantyAccrualNoncurrentFairValueDisclosure	1298000	USD
CY2013Q2	enph	Product Warranty Accrual Other ProductWarrantyAccrualOther	0	USD
	enph	Product Warranty Accrual Other ProductWarrantyAccrualOther	11000	USD
CY2014Q2	enph	Product Warranty Accrual Other ProductWarrantyAccrualOther	16000	USD
	enph	Product Warranty Accrual Other ProductWarrantyAccrualOther	0	USD
	enph	Sharebased Compensation Arrangementby Sharebased Payment Award Options Exercisedin Period Fair Value SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsExercisedinPeriodFairValue	2100000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	7363000	USD
CY2014Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	19509000	USD
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	32084000	USD
CY2014Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	46537000	USD
CY2013Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14780000	USD
CY2014Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	18983000	USD
CY2014Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	236000	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	192916000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	229000	USD
CY2014Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	199124000	USD
CY2013Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1475000	USD
CY2014Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2494000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4507000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	2910000	USD
CY2014Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2711000	USD
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2000000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	191000	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	9871000	shares
CY2013Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8548000	shares
CY2014Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	10224000	shares
CY2013Q4	us-gaap	Assets Assets	116669000	USD
CY2014Q2	us-gaap	Assets Assets	132083000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	90509000	USD
CY2014Q2	us-gaap	Assets Current AssetsCurrent	105470000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	675000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	305000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	38190000	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	37621000	USD
CY2013Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	33976000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	45294000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-569000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-11318000	USD
CY2014Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2014Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.00001
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2014Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2014Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	42835000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	42123000	shares
CY2013Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6177000	USD
CY2014Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	19700000	USD
CY2014Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	42835000	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	42123000	shares
CY2014Q2	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
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	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-16761000	USD
CY2014Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3025000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-9260000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	94097000	USD
CY2013Q2	us-gaap	Cost Of Revenue CostOfRevenue	41883000	USD
CY2014Q2	us-gaap	Cost Of Revenue CostOfRevenue	55172000	USD
	us-gaap	Cost Of Revenue CostOfRevenue	75259000	USD
CY2013Q2	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	124000	USD
CY2014Q2	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	115000	USD
	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	224000	USD
	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	306000	USD
CY2013Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	2773000	USD
CY2014Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	2182000	USD
CY2014Q2	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	13398000	USD
CY2013Q4	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	11284000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3369000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3902000	USD
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	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.22
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	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-187000	USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	106000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y10M29D
	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.41
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	165000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-31000	USD
	us-gaap	Gain Loss On Sale Of Other Assets GainLossOnSaleOfOtherAssets	-28000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11962000	USD
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CY2014Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7679000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14205000	USD
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	us-gaap	Gross Profit GrossProfit	45487000	USD
CY2014Q2	us-gaap	Gross Profit GrossProfit	26832000	USD
	us-gaap	Gross Profit GrossProfit	28485000	USD
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CY2013Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-5491000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-2488000	USD
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-8273000	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 Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-16496000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-9043000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2916000	USD
CY2014Q2	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.07
CY2013Q2	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.15
CY2014Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	115000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	224000	USD
CY2013Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	124000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	306000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	16582000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2265000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	15164000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4389000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	1523000	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	2091000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1937000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-856000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	2272000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	526000	USD
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CY2013Q2	us-gaap	Interest Expense InterestExpense	484000	USD
	us-gaap	Interest Expense InterestExpense	948000	USD
	us-gaap	Interest Expense InterestExpense	935000	USD
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CY2014Q2	us-gaap	Liabilities Liabilities	94929000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	76463000	USD
CY2014Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	132083000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	116669000	USD
CY2014Q2	us-gaap	Liabilities Current LiabilitiesCurrent	51956000	USD
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	7.82
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	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1294000	USD
	us-gaap	Operating Expenses OperatingExpenses	53760000	USD
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	us-gaap	Operating Expenses OperatingExpenses	43687000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	41000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	33365000	USD
CY2014Q2	us-gaap	Loans Payable Current LoansPayableCurrent	2805000	USD
CY2013Q4	us-gaap	Loans Payable Current LoansPayableCurrent	3507000	USD
CY2014Q2	us-gaap	Long Term Debt LongTermDebt	6531000	USD
CY2013Q4	us-gaap	Long Term Debt LongTermDebt	8677000	USD
CY2014Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	2805000	USD
CY2013Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	3507000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	5170000	USD
CY2014Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	3726000	USD
CY2014Q2	us-gaap	Long Term Loans Payable LongTermLoansPayable	3726000	USD
CY2013Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	5170000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	298000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-476000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4333000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3467000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7962000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4134000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	-6396000	USD
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	-3031000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-9267000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-16802000	USD
CY2013Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-781000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-770000	USD
CY2013Q2	us-gaap	Operating Expenses OperatingExpenses	21775000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1307000	USD
CY2014Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1486000	USD
	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	7000	USD
CY2014Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	6000	USD
CY2013Q2	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	219000	USD
CY2014Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1357000	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1154000	USD
CY2013Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-297000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-346000	USD
CY2014Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	58000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4333000	USD
CY2014Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	11148000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	17510000	USD
CY2014Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-162206000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-152939000	USD
CY2013Q2	us-gaap	Sales Revenue Net SalesRevenueNet	58167000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	139584000	USD
CY2014Q2	us-gaap	Sales Revenue Net SalesRevenueNet	82004000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3467000	USD
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2014Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.00001
CY2014Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	5588000	USD
CY2013Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3655000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	1701000	USD
	us-gaap	Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions	1534000	USD
CY2014Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	32969000	USD
CY2013Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	26777000	USD
CY2014Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	30728000	USD
CY2013Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	30432000	USD
CY2012Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	21338000	USD
CY2013Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	23895000	USD
CY2014Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	8477000	USD
CY2013Q4	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	4942000	USD
CY2013Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	7987000	USD
CY2013Q4	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	25490000	USD
CY2014Q2	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	24492000	USD
CY2013Q2	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	18790000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	4714000	USD
CY2013Q2	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	2664000	USD
	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	4360000	USD
CY2014Q2	us-gaap	Product Warranty Accrual Preexisting Increase Decrease ProductWarrantyAccrualPreexistingIncreaseDecrease	2960000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	24853000	USD
CY2014Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25127000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	711000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	28000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	0	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	40000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	2177000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1196000	USD
CY2013Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	8484000	USD
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	20234000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	103744000	USD
CY2013Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	7365000	USD
CY2014Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	10493000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	14215000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	19321000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2910000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4507000	USD
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	198000	shares
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	7.61
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	547000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	37800000	USD
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	8509000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	8459000	shares
CY2014Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	4.17
CY2013Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	3.94
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	2.51
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	3625000	USD
CY2013Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1718000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1893000	USD
	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	2685000	USD
CY2013Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1936000	USD
CY2014Q2	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1138000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	3410000	USD
	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1751000	USD
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	399000	shares
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	40206000	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	37154000	USD
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;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:8px;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>
CY2013Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41617000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	41384000	shares
CY2014Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	42648000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	42428000	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	2014
	dei	Document Period End Date DocumentPeriodEndDate	2014-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001463101
CY2014Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	42942058	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Enphase Energy, Inc.

Files In Submission

Name	View Source	Status
0001463101-14-000017-index-headers.html	Edgar Link	pending
0001463101-14-000017-index.html	Edgar Link	pending
0001463101-14-000017.txt	Edgar Link	pending
0001463101-14-000017-xbrl.zip	Edgar Link	pending
enph-20140630.xml	Edgar Link	completed
enph-20140630.xsd	Edgar Link	pending
enph-20140630_cal.xml	Edgar Link	unprocessable
enph-20140630_def.xml	Edgar Link	unprocessable
enph-20140630_lab.xml	Edgar Link	unprocessable
enph-20140630_pre.xml	Edgar Link	unprocessable
enph0630201410-q.htm	Edgar Link	pending
enph06302014ex311.htm	Edgar Link	pending
enph06302014ex312.htm	Edgar Link	pending
enph06302014ex321.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	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
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R18.htm	Edgar Link	pending
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
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.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

2014 Q2 Form 10-Q Financial Statement

#000146310114000017 Filed on August 06, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ENPH Enphase Energy, Inc. Stock $enph

2014 Q2 Form 10-Q Financial Statement

#000146310114000017 Filed on August 06, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ENPH
Enphase Energy, Inc. Stock $enph