$IPGP
IPG PHOTONICS CORP

2016 Q2 Form 10-Q Financial Statement

#000111192816000255 Filed on August 08, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $252.8M $235.1M
YoY Change 7.51% 22.34%
Cost Of Revenue $115.1M $106.4M
YoY Change 8.13% 20.98%
Gross Profit $137.7M $128.7M
YoY Change 6.99% 23.48%
Gross Profit Margin 54.47% 54.74%
Selling, General & Admin $25.84M $22.98M
YoY Change 12.45% 8.54%
% of Gross Profit 18.77% 17.85%
Research & Development $18.41M $15.11M
YoY Change 21.82% 13.11%
% of Gross Profit 13.37% 11.74%
Depreciation & Amortization $12.30M $10.50M
YoY Change 17.14% 16.67%
% of Gross Profit 8.93% 8.16%
Operating Expenses $42.70M $41.26M
YoY Change 3.48% 16.3%
Operating Profit $95.01M $87.44M
YoY Change 8.65% 27.19%
Interest Expense $270.0K -$112.0K
YoY Change -341.07%
% of Operating Profit 0.28% -0.13%
Other Income/Expense, Net $411.0K $49.00K
YoY Change 738.78% -79.5%
Pretax Income $95.42M $87.49M
YoY Change 9.06% 26.82%
Income Tax $28.39M $26.25M
% Of Pretax Income 29.75% 30.0%
Net Earnings $67.06M $61.30M
YoY Change 9.39% 26.96%
Net Earnings / Revenue 26.53% 26.07%
Basic Earnings Per Share $1.26 $1.16
Diluted Earnings Per Share $1.25 $1.15
COMMON SHARES
Basic Shares Outstanding 53.07M shares 52.66M shares
Diluted Shares Outstanding 53.79M shares 53.44M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $714.1M $571.5M
YoY Change 24.95% 18.23%
Cash & Equivalents $587.3M $571.5M
Short-Term Investments $126.8M
Other Short-Term Assets $90.40M $70.20M
YoY Change 28.77% 3.85%
Inventory $241.3M $190.8M
Prepaid Expenses
Receivables $151.5M $169.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.197B $1.002B
YoY Change 19.44% 17.36%
LONG-TERM ASSETS
Property, Plant & Equipment $350.4M $288.6M
YoY Change 21.44% 7.62%
Goodwill $20.46M $516.0K
YoY Change 3865.31% 13.41%
Intangibles $29.40M $14.01M
YoY Change 109.78% 65.4%
Long-Term Investments
YoY Change
Other Assets $18.33M $21.59M
YoY Change -15.1% 13.02%
Total Long-Term Assets $432.1M $332.2M
YoY Change 30.07% 9.16%
TOTAL ASSETS
Total Short-Term Assets $1.197B $1.002B
Total Long-Term Assets $432.1M $332.2M
Total Assets $1.629B $1.335B
YoY Change 22.09% 15.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.41M $21.54M
YoY Change -5.21% 43.02%
Accrued Expenses $80.53M $68.27M
YoY Change 17.96% 7.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.600M
YoY Change -100.0% -40.74%
Long-Term Debt Due $3.188M $2.000M
YoY Change 59.4% -83.33%
Total Short-Term Liabilities $135.0M $125.8M
YoY Change 7.32% 11.13%
LONG-TERM LIABILITIES
Long-Term Debt $39.23M $18.67M
YoY Change 110.15%
Other Long-Term Liabilities $31.94M $26.35M
YoY Change 21.22% 23.39%
Total Long-Term Liabilities $71.17M $45.02M
YoY Change 58.1% 110.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $135.0M $125.8M
Total Long-Term Liabilities $71.17M $45.02M
Total Liabilities $206.1M $170.8M
YoY Change 20.7% 26.95%
SHAREHOLDERS EQUITY
Retained Earnings $949.7M $709.9M
YoY Change 33.79% 48.02%
Common Stock $629.7M $591.7M
YoY Change 6.42% 7.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.423B $1.162B
YoY Change
Total Liabilities & Shareholders Equity $1.629B $1.335B
YoY Change 22.09% 15.21%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $67.06M $61.30M
YoY Change 9.39% 26.96%
Depreciation, Depletion And Amortization $12.30M $10.50M
YoY Change 17.14% 16.67%
Cash From Operating Activities $43.40M $49.40M
YoY Change -12.15% 47.46%
INVESTING ACTIVITIES
Capital Expenditures -$45.90M -$18.60M
YoY Change 146.77% -45.77%
Acquisitions
YoY Change
Other Investing Activities -$47.10M $100.0K
YoY Change -47200.0% 0.0%
Cash From Investing Activities -$92.90M -$18.50M
YoY Change 402.16% -45.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.30M -4.400M
YoY Change -743.18% -218.92%
NET CHANGE
Cash From Operating Activities 43.40M 49.40M
Cash From Investing Activities -92.90M -18.50M
Cash From Financing Activities 28.30M -4.400M
Net Change In Cash -21.20M 26.50M
YoY Change -180.0% 783.33%
FREE CASH FLOW
Cash From Operating Activities $43.40M $49.40M
Capital Expenditures -$45.90M -$18.60M
Free Cash Flow $89.30M $68.00M
YoY Change 31.32% 0.29%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
2.17
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
2016
dei Document Period End Date
DocumentPeriodEndDate
2016-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001111928
CY2016Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
53152883 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
IPG PHOTONICS CORP
CY2015Q2 ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
1.16
ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
2.26
CY2016Q2 ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
1.26
ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
2.20
ipgp Debt Instrument Numberof Longterm Notes
DebtInstrumentNumberofLongtermNotes
2 note
ipgp Demonstration Units Transferred From Inventory To Other Assets
DemonstrationUnitsTransferredFromInventoryToOtherAssets
1479000 USD
ipgp Demonstration Units Transferred From Inventory To Other Assets
DemonstrationUnitsTransferredFromInventoryToOtherAssets
1746000 USD
CY2015Q2 ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
1.15
ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
2.22
CY2016Q2 ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
1.25
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4958000 USD
ipgp Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3000 USD
ipgp Inventory Transferredto Property Plantand Equipment
InventoryTransferredtoPropertyPlantandEquipment
1072000 USD
ipgp Inventory Transferredto Property Plantand Equipment
InventoryTransferredtoPropertyPlantandEquipment
1129000 USD
ipgp Provisions For Inventory Product Warranty And Bad Debt
ProvisionsForInventoryProductWarrantyAndBadDebt
18804000 USD
ipgp Purchase Of Non Controlling Interest In Exchange For Common Stock
PurchaseOfNonControllingInterestInExchangeForCommonStock
950000 USD
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
26314000 USD
ipgp Provisions For Inventory Product Warranty And Bad Debt
ProvisionsForInventoryProductWarrantyAndBadDebt
20459000 USD
ipgp Purchase Of Non Controlling Interest In Exchange For Common Stock
PurchaseOfNonControllingInterestInExchangeForCommonStock
0 USD
CY2016Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
20414000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
150479000 USD
CY2016Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
151476000 USD
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
37809000 USD
CY2016Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
26688000 USD
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
75667000 USD
CY2016Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
80534000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-181482000 USD
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-156451000 USD
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
607649000 USD
CY2016Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
629694000 USD
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
608000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1120000 USD
CY2016Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
901000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1444000 USD
CY2015Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9500000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
52300000 shares
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
59000000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
95100000 shares
CY2015Q4 us-gaap Assets
Assets
1453429000 USD
CY2016Q2 us-gaap Assets
Assets
1629307000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
1122935000 USD
CY2016Q2 us-gaap Assets Current
AssetsCurrent
1197247000 USD
CY2015Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
321743000 USD
CY2016Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
448248000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
406000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
806000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
522150000 USD
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
571508000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
582532000 USD
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
587286000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
49358000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4754000 USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52883902 shares
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53147812 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
52883902 shares
CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
53147812 shares
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2016Q2 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
72576000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
91659000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
63586000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
141404000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-55000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-68000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-19000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-13000 USD
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
72521000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
91591000 USD
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
63567000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
141391000 USD
CY2015Q2 us-gaap Cost Of Revenue
CostOfRevenue
106435000 USD
us-gaap Cost Of Revenue
CostOfRevenue
197568000 USD
CY2016Q2 us-gaap Cost Of Revenue
CostOfRevenue
115084000 USD
us-gaap Cost Of Revenue
CostOfRevenue
207921000 USD
CY2015Q4 us-gaap Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
21525000 USD
CY2016Q2 us-gaap Customer Advances And Deposits Current
CustomerAdvancesAndDepositsCurrent
25927000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
20346000 USD
CY2016Q2 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
24477000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
9386000 USD
CY2016Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
13438000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
3190000 USD
CY2016Q2 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
4152000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20176000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23653000 USD
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.26
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.20
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.22
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.17
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-16842000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3696000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
33617000 USD
CY2016Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
30657000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
5665000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
3030000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
5665000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3030000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12981000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14453000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7857000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2622000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
4185000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4819000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4924000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4989000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
24885000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
43849000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
11904000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
29396000 USD
CY2015Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3167000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
5585000 USD
CY2016Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1556000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-3411000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
3412000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-2240000 USD
CY2015Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15017000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27795000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16151000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30052000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
505000 USD
CY2016Q2 us-gaap Goodwill
Goodwill
20461000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
19959000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
128703000 USD
us-gaap Gross Profit
GrossProfit
236530000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
137703000 USD
us-gaap Gross Profit
GrossProfit
252114000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
87492000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
169415000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
95418000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
165637000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26248000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50825000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28387000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49277000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
44728000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
66478000 USD
CY2015Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
33692000 USD
CY2016Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
32890000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4422000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-8441000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
31748000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2885000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
7067000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10653000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2397000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4341000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
2118000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
9268000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
33211000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
34668000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1945000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
652000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11904000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29396000 USD
CY2015Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-112000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-296000 USD
CY2016Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
270000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
462000 USD
us-gaap Interest Paid
InterestPaid
533000 USD
us-gaap Interest Paid
InterestPaid
349000 USD
CY2015Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
90085000 USD
CY2016Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
116243000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
203738000 USD
CY2016Q2 us-gaap Inventory Net
InventoryNet
241282000 USD
CY2015Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
70394000 USD
CY2016Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
89686000 USD
CY2015Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
43259000 USD
CY2016Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
35353000 USD
CY2015Q2 us-gaap Inventory Write Down
InventoryWriteDown
3685000 USD
us-gaap Inventory Write Down
InventoryWriteDown
7011000 USD
CY2016Q2 us-gaap Inventory Write Down
InventoryWriteDown
5772000 USD
us-gaap Inventory Write Down
InventoryWriteDown
9725000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
192764000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
206144000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1453429000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1629307000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
144980000 USD
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
134976000 USD
CY2015Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
19687000 USD
CY2016Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
42437000 USD
CY2015Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD
CY2016Q2 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2000000 USD
CY2016Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3188000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
17667000 USD
CY2016Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
39229000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
1137000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
174000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2129000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
33409000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-37339000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-137625000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101410000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
105274000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
61299000 USD
us-gaap Net Income Loss
NetIncomeLoss
118658000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
67058000 USD
us-gaap Net Income Loss
NetIncomeLoss
116385000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-55000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-68000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-27000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-25000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
49000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-50000 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
411000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
610000 USD
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
41260000 USD
us-gaap Operating Expenses
OperatingExpenses
67065000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
42696000 USD
us-gaap Operating Expenses
OperatingExpenses
87087000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
87443000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
169465000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
95007000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
165027000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5654000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9979000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
20095000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
18333000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
11225000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-27094000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3615000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
24880000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11277000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-26999000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3464000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
25031000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
52000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
95000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
151000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
151000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
30117000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
31939000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-95000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-294000 USD
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
161000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
246000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
141000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
148000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-86000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-72000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
46527000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32606000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
70863000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
62211000 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
25564000 USD
CY2016Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
33042000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
23750000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
9574000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
8579000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
9432000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
4002000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
139000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
184000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
41720000 USD
CY2014Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
19272000 USD
CY2015Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
23322000 USD
CY2015Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
28210000 USD
CY2016Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
30956000 USD
CY2015Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
14871000 USD
CY2016Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
13971000 USD
us-gaap Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
-1107000 USD
us-gaap Product Warranty Accrual Currency Translation Increase Decrease
ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease
442000 USD
CY2015Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
13339000 USD
CY2016Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
16985000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10944000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10344000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
61244000 USD
us-gaap Profit Loss
ProfitLoss
118590000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
67031000 USD
us-gaap Profit Loss
ProfitLoss
116360000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
288604000 USD
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
350432000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10209000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4002000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
12333000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1000000 USD
CY2015Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
15114000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
29344000 USD
CY2016Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
18412000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
35901000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
833356000 USD
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
949741000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
235138000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
434098000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
252787000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
460035000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10436000 USD
CY2015Q4 us-gaap Short Term Investments
ShortTermInvestments
106584000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
17723000 USD
CY2015Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7962000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
15511000 USD
CY2016Q2 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
9689000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8862000 USD
CY2016Q2 us-gaap Short Term Investments
ShortTermInvestments
126794000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5787000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8040000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1259528000 USD
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
1422989000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1163755000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1260665000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1423163000 USD
CY2015Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6494000 USD
CY2016Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7579000 USD
CY2014 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2015 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2016Q2 us-gaap Unsecured Debt
UnsecuredDebt
23750000 USD
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
785000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
783000 shares
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
723000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
724000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53442000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53355000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53788000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53705000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52657000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52572000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53065000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
52981000 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited consolidated financial statements have been prepared by IPG Photonics Corporation, or "IPG", "its" or the "Company". Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The consolidated financial statements include the Company's accounts and those of its subsidiaries. All intercompany balances have been eliminated in consolidation. These consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In the opinion of the Company's management, the unaudited financial information for the interim periods presented reflects all adjustments necessary for a fair presentation of the Company's financial position, results of operations and cash flows. The results reported in these consolidated financial statements are not necessarily indicative of results that may be expected for the entire year.</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 Company has evaluated subsequent events through the time of filing this Quarterly Report on Form 10-Q with the SEC.</font></div></div>

Files In Submission

Name View Source Status
0001111928-16-000255-index-headers.html Edgar Link pending
0001111928-16-000255-index.html Edgar Link pending
0001111928-16-000255.txt Edgar Link pending
0001111928-16-000255-xbrl.zip Edgar Link pending
ex-311q22016.htm Edgar Link pending
ex-312q22016.htm Edgar Link pending
ex-32q22016.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ipgp-20160630.xml Edgar Link completed
ipgp-20160630.xsd Edgar Link pending
ipgp-20160630x10q.htm Edgar Link pending
ipgp-20160630_cal.xml Edgar Link unprocessable
ipgp-20160630_def.xml Edgar Link unprocessable
ipgp-20160630_lab.xml Edgar Link unprocessable
ipgp-20160630_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
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
R46.htm Edgar Link pending
R47.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