2010 Q4 Form 10-K Financial Statement
#000103939912000006 Filed on February 21, 2012
Income Statement
Concept | 2010 Q4 | 2009 | 2008 Q4 |
---|---|---|---|
Revenue | $43.90M | $135.3M | $39.90M |
YoY Change | 33.03% | -35.62% | -66.89% |
Cost Of Revenue | $40.60M | $134.5M | $39.30M |
YoY Change | 15.67% | -22.65% | -33.28% |
Gross Profit | $3.300M | $819.0K | $600.0K |
YoY Change | -257.14% | -97.74% | -99.03% |
Gross Profit Margin | 7.52% | 0.61% | 1.5% |
Selling, General & Admin | $14.40M | $78.43M | $26.20M |
YoY Change | -12.73% | -17.62% | 12.93% |
% of Gross Profit | 436.36% | 9576.07% | 4366.67% |
Research & Development | $11.50M | $57.51M | $16.20M |
YoY Change | -26.75% | -12.2% | 0.0% |
% of Gross Profit | 348.48% | 7021.86% | 2700.0% |
Depreciation & Amortization | $3.500M | -$32.71M | $8.100M |
YoY Change | -58.82% | -201.57% | 12.5% |
% of Gross Profit | 106.06% | -3993.41% | 1350.0% |
Operating Expenses | $25.90M | $146.0M | $42.40M |
YoY Change | -19.57% | -9.14% | 7.34% |
Operating Profit | -$22.60M | -$145.2M | -$41.80M |
YoY Change | -34.11% | 16.71% | -289.14% |
Interest Expense | $400.0K | $3.300M | |
YoY Change | -73.39% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $400.0K | -$535.0K | $200.0K |
YoY Change | 0.0% | -176.43% | -33.33% |
Pretax Income | -$23.00M | -$142.4M | -$46.40M |
YoY Change | -35.03% | 14.04% | -307.14% |
Income Tax | -$2.600M | $13.21M | -$14.80M |
% Of Pretax Income | |||
Net Earnings | -$20.40M | -$155.7M | -$31.60M |
YoY Change | -28.92% | 93.12% | -467.44% |
Net Earnings / Revenue | -46.47% | -115.01% | -79.2% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$403.2K | -$3.145M | -$643.6K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2010 Q4 | 2009 | 2008 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $347.2M | $449.2M | $522.9M |
YoY Change | -22.71% | -14.09% | -8.26% |
Cash & Equivalents | $121.2M | $122.0M | $337.9M |
Short-Term Investments | $226.0M | $327.2M | $185.0M |
Other Short-Term Assets | $15.40M | $15.60M | $37.70M |
YoY Change | -1.28% | -58.62% | 19.68% |
Inventory | $25.00M | $25.50M | $18.80M |
Prepaid Expenses | |||
Receivables | $28.60M | $29.40M | $34.10M |
Other Receivables | $0.00 | $26.80M | $29.40M |
Total Short-Term Assets | $416.3M | $546.6M | $643.0M |
YoY Change | -23.84% | -14.99% | -8.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $37.31M | $97.80M | $113.8M |
YoY Change | -61.85% | -14.06% | -13.06% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $6.710M | $11.60M | $28.90M |
YoY Change | -42.16% | -59.86% | 30.77% |
Total Long-Term Assets | $49.76M | $109.4M | $142.7M |
YoY Change | -54.51% | -23.34% | -6.73% |
TOTAL ASSETS | |||
Total Short-Term Assets | $416.3M | $546.6M | $643.0M |
Total Long-Term Assets | $49.76M | $109.4M | $142.7M |
Total Assets | $466.1M | $656.0M | $785.7M |
YoY Change | -28.96% | -16.51% | -8.14% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $14.95M | $29.30M | $33.20M |
YoY Change | -48.98% | -11.75% | -22.61% |
Accrued Expenses | $24.05M | $22.90M | $25.70M |
YoY Change | 5.0% | -10.89% | -14.33% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $45.52M | $64.00M | $66.20M |
YoY Change | -28.87% | -3.32% | -17.46% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $9.300M | $12.00M | $13.40M |
YoY Change | -22.5% | -10.45% | -25.97% |
Total Long-Term Liabilities | $9.300M | $12.00M | $13.40M |
YoY Change | -22.5% | -10.45% | -25.97% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $45.52M | $64.00M | $66.20M |
Total Long-Term Liabilities | $9.300M | $12.00M | $13.40M |
Total Liabilities | $54.85M | $78.20M | $79.60M |
YoY Change | -29.86% | -1.76% | -19.11% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$242.1M | ||
YoY Change | |||
Common Stock | $651.3M | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $411.2M | $577.8M | $706.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $466.1M | $656.0M | $785.7M |
YoY Change | -28.96% | -16.51% | -8.14% |
Cashflow Statement
Concept | 2010 Q4 | 2009 | 2008 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$20.40M | -$155.7M | -$31.60M |
YoY Change | -28.92% | 93.12% | -467.44% |
Depreciation, Depletion And Amortization | $3.500M | -$32.71M | $8.100M |
YoY Change | -58.82% | -201.57% | 12.5% |
Cash From Operating Activities | -$14.80M | -$52.70M | -$10.50M |
YoY Change | 7300.0% | 115.98% | -124.53% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$8.400M | $19.17M | -$3.800M |
YoY Change | 37.7% | -163.49% | -67.24% |
Acquisitions | $12.03M | ||
YoY Change | |||
Other Investing Activities | $26.50M | -$155.2M | -$75.90M |
YoY Change | -205.58% | -318.59% | 15080.0% |
Cash From Investing Activities | $18.00M | -$174.4M | -$79.80M |
YoY Change | -157.69% | -528.5% | 559.5% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -500.0K | 11.50M | 100.0K |
YoY Change | -112.82% | 91.67% | -90.91% |
NET CHANGE | |||
Cash From Operating Activities | -14.80M | -52.70M | -10.50M |
Cash From Investing Activities | 18.00M | -174.4M | -79.80M |
Cash From Financing Activities | -500.0K | 11.50M | 100.0K |
Net Change In Cash | 2.700M | -215.6M | -90.20M |
YoY Change | -109.82% | -1066.82% | -383.65% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$14.80M | -$52.70M | -$10.50M |
Capital Expenditures | -$8.400M | $19.17M | -$3.800M |
Free Cash Flow | -$6.400M | -$71.87M | -$6.700M |
YoY Change | -208.47% | -1339.19% | -112.32% |
Facts In Submission
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---|---|---|---|---|
CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
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CY2010Q4 | us-gaap |
Accounts Payable Current
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
20899000 | USD |
CY2010 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
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CY2011 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Asset Impairment Charges
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|
549000 | USD |
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Asset Impairment Charges
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Asset Impairment Charges
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Capital Expenditures Incurred But Not Yet Paid
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|
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Capital Expenditures Incurred But Not Yet Paid
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|
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Assets
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Assets
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Assets Current
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Assets Current
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Available For Sale Securities Current
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Capital Expenditures Incurred But Not Yet Paid
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Accretion Amortization Of Discounts And Premiums Investments
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Accretion Amortization Of Discounts And Premiums Investments
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|
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CY2009 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
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|
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CY2010Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
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CY2011Q4 | us-gaap |
Accrued Income Taxes Current
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|
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CY2010Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
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Accrued Income Taxes Noncurrent
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Accrued Liabilities Current
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Accrued Liabilities Current
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Additional Paid In Capital Common Stock
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Additional Paid In Capital Common Stock
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Commitments And Contingencies
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Commitments And Contingencies
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Common Stock Par Or Stated Value Per Share
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Common Stock Value
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Earnings Per Share Basic And Diluted
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|
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Excess Tax Benefit From Share Based Compensation Financing Activities
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|
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Foreign Currency Transaction Gain Loss Unrealized
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|
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|
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Gross Profit
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|
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Gross Profit
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|
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|
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|
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|
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|
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IncomeTaxExpenseBenefit
|
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|
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|
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Income Taxes Paid
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|
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Income Taxes Paid
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|
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Income Taxes Receivable
IncomeTaxesReceivable
|
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Income Taxes Receivable
IncomeTaxesReceivable
|
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Increase Decrease In Accounts Payable
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|
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|
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Increase Decrease In Accrued Income Taxes Payable
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|
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CY2011 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
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Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
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CY2010 | us-gaap |
Increase Decrease In Accrued Liabilities
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|
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
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Increase Decrease In Deferred Revenue
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|
-5904000 | USD |
CY2011 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-160000 | USD |
CY2011 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-862000 | USD |
CY2010 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
25843000 | USD |
CY2009 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
2701000 | USD |
CY2010 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-16887000 | USD |
CY2009 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9384000 | USD |
CY2011 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1152000 | USD |
CY2009 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
231000 | USD |
CY2010 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
1920000 | USD |
CY2011 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
-43000 | USD |
CY2009 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
6402000 | USD |
CY2011 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1907000 | USD |
CY2010 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
66000 | USD |
CY2011 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5621000 | USD |
CY2009 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
390000 | USD |
CY2010 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3700000 | USD |
CY2010 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
CY2010 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-197178000 | USD |
CY2009 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
CY2011 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-363000 | USD |
CY2011Q4 | us-gaap |
Inventory Net
InventoryNet
|
18092000 | USD |
CY2010Q4 | us-gaap |
Inventory Net
InventoryNet
|
25003000 | USD |
CY2009 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
-7032000 | USD |
CY2011 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
-7897000 | USD |
CY2010 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
-11389000 | USD |
CY2009 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3282000 | USD |
CY2010 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2546000 | USD |
CY2011 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1404000 | USD |
CY2010Q4 | us-gaap |
Liabilities
Liabilities
|
54853000 | USD |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
36419000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
383071000 | USD |
CY2010Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
466054000 | USD |
CY2011Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
28595000 | USD |
CY2010Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
45524000 | USD |
CY2011 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Formation and Business of the Company</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">FormFactor, Inc. (the "Company") was incorporated in Delaware on April 15, 1993 and designs, develops, manufactures, sells and supports precision, high performance advanced semiconductor wafer probe cards. We are based in Livermore, California, home to our corporate offices, research and development, and manufacturing locations. We have facilities in the United States, Singapore, Japan, Taiwan, South Korea and the People's Republic of China.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our fiscal year ends on the last Saturday in December. The fiscal year ended on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31, 2011</font><font style="font-family:inherit;font-size:10pt;">, consisted of 53 weeks and the fiscal years ended on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 25, 2010</font><font style="font-family:inherit;font-size:10pt;">, and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 26, 2009</font><font style="font-family:inherit;font-size:10pt;">, respectively, consisted of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;"> weeks.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the prior year's Consolidated Balance Sheets, Consolidated Statements of Cash Flows and Consolidated Statements of Operations to conform to the current year presentation.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:26px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Out of Period Adjustment</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the third quarter of fiscal </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;">, we recorded a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$4.1 million</font><font style="font-family:inherit;font-size:10pt;"> adjustment to cost of revenues net of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> income tax benefit, which resulted from an error in the calculation of capitalized manufacturing variances starting in the first quarter of fiscal </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2009</font><font style="font-family:inherit;font-size:10pt;"> through the second quarter of fiscal </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;">. The error caused the understatement of cost of revenues and the overstatement of the overhead capitalized in inventory for most quarters. The income tax benefit resulted from higher net losses in </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2009</font><font style="font-family:inherit;font-size:10pt;"> due to higher cost of revenue expenses. We are able to carry back the increase in the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2009</font><font style="font-family:inherit;font-size:10pt;"> loss to recover more prior year tax payments. Out of the total adjustment, a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$2.9 million</font><font style="font-family:inherit;font-size:10pt;"> adjustment to cost of revenues net of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.5 million</font><font style="font-family:inherit;font-size:10pt;"> income tax benefit was related to fiscal </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2009</font><font style="font-family:inherit;font-size:10pt;">. Management and the Audit Committee believe that such amounts are not material to current and previously reported financial statements.</font></div></div> | |
CY2010 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-836000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-215883000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
17842000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
3098000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-12902000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
11450000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
69841000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
60712000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-174408000 | USD |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-29343000 | USD |
CY2009 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-52667000 | USD |
CY2010 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-73096000 | USD |
CY2009 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-155653000 | USD |
CY2010 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-188286000 | USD |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-65981000 | USD |
CY2010 | us-gaap |
Operating Expenses
OperatingExpenses
|
194906000 | USD |
CY2011 | us-gaap |
Operating Expenses
OperatingExpenses
|
91320000 | USD |
CY2009 | us-gaap |
Operating Expenses
OperatingExpenses
|
146005000 | USD |
CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-70362000 | USD |
CY2009 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-145186000 | USD |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
4693000 | USD |
CY2010Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
6710000 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
660000 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
312000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
1009000 | USD |
CY2009 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-981000 | USD |
CY2011 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
13000 | USD |
CY2010 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-235000 | USD |
CY2010 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
4426000 | USD |
CY2009 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-535000 | USD |
CY2011 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1076000 | USD |
CY2009 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2010 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
626000 | USD |
CY2011 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
16411000 | USD |
CY2009 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
587797000 | USD |
CY2011 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
246665000 | USD |
CY2010 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
341292000 | USD |
CY2011 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2010 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2009 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
12026000 | USD |
CY2011 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
7700000 | USD |
CY2010 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
30914000 | USD |
CY2009 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
19173000 | USD |
CY2011Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2010Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2011Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2010Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2010Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2010Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2010Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2011Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
7458000 | USD |
CY2010Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
14743000 | USD |
CY2010 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
3724000 | USD |
CY2009 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
7129000 | USD |
CY2011 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
3509000 | USD |
CY2010 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
432549000 | USD |
CY2009 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
399023000 | USD |
CY2011 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
308681000 | USD |
CY2011 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
0 | USD |
CY2009 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
3480000 | USD |
CY2010 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
0 | USD |
CY2009 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
45364000 | USD |
CY2011 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
6000000 | USD |
CY2010 | us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
9205000 | USD |
CY2010 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
293000 | USD |
CY2009 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
201000 | USD |
CY2011 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
33000 | USD |
CY2010Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
37311000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
35132000 | USD |
CY2010 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1071000 | USD |
CY2009 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-5040000 | USD |
CY2011 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
276000 | USD |
CY2010 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
55389000 | USD |
CY2011 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
43544000 | USD |
CY2009 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
57509000 | USD |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
0 | USD |
CY2010Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
383000 | USD |
CY2010Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
297000 | USD |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
317000 | USD |
CY2010 | us-gaap |
Restructuring Charges
RestructuringCharges
|
15908000 | USD |
CY2011 | us-gaap |
Restructuring Charges
RestructuringCharges
|
522000 | USD |
CY2009 | us-gaap |
Restructuring Charges
RestructuringCharges
|
8780000 | USD |
CY2009 | us-gaap |
Restructuring Costs
RestructuringCosts
|
-366000 | USD |
CY2011 | us-gaap |
Restructuring Costs
RestructuringCosts
|
1582000 | USD |
CY2010 | us-gaap |
Restructuring Costs
RestructuringCosts
|
-8974000 | USD |
CY2010Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-242141000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-308122000 | USD |
CY2009 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
135335000 | USD |
CY2010 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
188565000 | USD |
CY2011 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
169325000 | USD |
CY2010 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
67208000 | USD |
CY2009 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
78428000 | USD |
CY2011 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
46705000 | USD |
CY2010 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-17613000 | USD |
CY2009 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-20776000 | USD |
CY2011 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-13849000 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
3788000 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
2813000 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-743000 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
3601000 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-219000 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
-762000 | USD |
CY2010 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
698000 | USD |
CY2009 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4272000 | USD |
CY2011 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
914000 | USD |
CY2010 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-626000 | USD |
CY2011 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
-16411000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
346652000 | USD |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
411201000 | USD |
CY2009Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
577781000 | USD |
CY2008Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
706064000 | USD |
CY2011Q4 | form |
Deferred Rent Credit And Other Liabilities Noncurrent
DeferredRentCreditAndOtherLiabilitiesNoncurrent
|
3712000 | USD |
CY2010Q4 | form |
Deferred Rent Credit And Other Liabilities Noncurrent
DeferredRentCreditAndOtherLiabilitiesNoncurrent
|
5081000 | USD |
CY2009 | form |
Gain On Release Of Secured Borrowing
GainOnReleaseOfSecuredBorrowing
|
0 | USD |
CY2010 | form |
Gain On Release Of Secured Borrowing
GainOnReleaseOfSecuredBorrowing
|
3481000 | USD |
CY2011 | form |
Gain On Release Of Secured Borrowing
GainOnReleaseOfSecuredBorrowing
|
0 | USD |
CY2011 | form |
Weighted Average Number Of Shares Outstanding For Basic And Diluted
WeightedAverageNumberOfSharesOutstandingForBasicAndDiluted
|
50521000 | shares |
CY2009 | form |
Weighted Average Number Of Shares Outstanding For Basic And Diluted
WeightedAverageNumberOfSharesOutstandingForBasicAndDiluted
|
49483000 | shares |
CY2010 | form |
Weighted Average Number Of Shares Outstanding For Basic And Diluted
WeightedAverageNumberOfSharesOutstandingForBasicAndDiluted
|
50246000 | shares |
CY2011 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2011 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2011 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2011 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2011 | |
CY2011 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2011-12-31 | |
CY2011 | dei |
Document Type
DocumentType
|
10-K | |
CY2011 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001039399 | |
CY2012Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
49574715 | shares |
CY2011 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2011 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2011Q2 | dei |
Entity Public Float
EntityPublicFloat
|
308084750 | USD |
CY2011 | dei |
Entity Registrant Name
EntityRegistrantName
|
FORMFACTOR INC | |
CY2011 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2011 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No |