$IPGP
IPG PHOTONICS CORP

2019 Q1 Form 10-Q Financial Statement

#000111192819000079 Filed on May 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $315.0M $359.9M
YoY Change -12.45% 25.89%
Cost Of Revenue $166.1M $156.5M
YoY Change 6.16% 21.72%
Gross Profit $148.9M $203.4M
YoY Change -26.78% 29.31%
Gross Profit Margin 47.27% 56.51%
Selling, General & Admin $46.49M $39.01M
YoY Change 19.16% 36.63%
% of Gross Profit 31.22% 19.18%
Research & Development $32.50M $28.55M
YoY Change 13.84% 25.31%
% of Gross Profit 21.82% 14.04%
Depreciation & Amortization $22.80M $19.22M
YoY Change 18.62% 32.54%
% of Gross Profit 15.31% 9.45%
Operating Expenses $80.60M $62.26M
YoY Change 29.45% 11.61%
Operating Profit $68.32M $141.1M
YoY Change -51.58% 39.04%
Interest Expense $3.952M $311.0K
YoY Change 1170.74% 0.97%
% of Operating Profit 5.78% 0.22%
Other Income/Expense, Net $3.943M $754.0K
YoY Change 422.94% -441.18%
Pretax Income $72.26M $141.9M
YoY Change -49.06% 40.09%
Income Tax $17.34M $35.52M
% Of Pretax Income 24.0% 25.04%
Net Earnings $55.16M $106.3M
YoY Change -48.13% 41.88%
Net Earnings / Revenue 17.51% 29.55%
Basic Earnings Per Share $1.04 $1.98
Diluted Earnings Per Share $1.02 $1.93
COMMON SHARES
Basic Shares Outstanding 53.00M shares 53.69M shares
Diluted Shares Outstanding 53.87M shares 55.18M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.030B $1.176B
YoY Change -12.4% 36.29%
Cash & Equivalents $548.9M $969.1M
Short-Term Investments $481.1M $206.8M
Other Short-Term Assets $112.4M $97.10M
YoY Change 15.76% 12.78%
Inventory $417.8M $356.4M
Prepaid Expenses
Receivables $231.9M $235.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.792B $1.865B
YoY Change -3.9% 34.07%
LONG-TERM ASSETS
Property, Plant & Equipment $570.8M $483.9M
YoY Change 17.95% 22.24%
Goodwill $110.3M $55.71M
YoY Change 98.1% 180.9%
Intangibles $93.28M $49.28M
YoY Change 89.27% 76.7%
Long-Term Investments
YoY Change
Other Assets $38.40M $19.29M
YoY Change 99.09% -7.86%
Total Long-Term Assets $836.6M $633.1M
YoY Change 32.15% 23.76%
TOTAL ASSETS
Total Short-Term Assets $1.792B $1.865B
Total Long-Term Assets $836.6M $633.1M
Total Assets $2.629B $2.498B
YoY Change 5.23% 31.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.97M $33.37M
YoY Change 19.78% 31.44%
Accrued Expenses $159.9M $135.8M
YoY Change 17.81% 28.38%
Deferred Revenue $55.24M $50.34M
YoY Change 9.73%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.688M $3.621M
YoY Change 1.85% 13.58%
Total Short-Term Liabilities $209.8M $195.6M
YoY Change 7.29% 23.98%
LONG-TERM LIABILITIES
Long-Term Debt $40.78M $44.47M
YoY Change -8.29% 20.7%
Other Long-Term Liabilities $19.20M
YoY Change
Total Long-Term Liabilities $40.78M $44.47M
YoY Change -8.29% -43.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $209.8M $195.6M
Total Long-Term Liabilities $40.78M $44.47M
Total Liabilities $360.4M $352.6M
YoY Change 2.21% 49.23%
SHAREHOLDERS EQUITY
Retained Earnings $1.904B $1.444B
YoY Change 31.79% 23.33%
Common Stock $746.9M $714.3M
YoY Change 4.57% 6.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $225.0M $69.00M
YoY Change 226.07% 221.17%
Treasury Stock Shares 1.430M shares 461.2K shares
Shareholders Equity $2.268B $2.145B
YoY Change
Total Liabilities & Shareholders Equity $2.629B $2.498B
YoY Change 5.23% 31.3%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $55.16M $106.3M
YoY Change -48.13% 41.88%
Depreciation, Depletion And Amortization $22.80M $19.22M
YoY Change 18.62% 32.54%
Cash From Operating Activities $43.66M $99.65M
YoY Change -56.19% 96.09%
INVESTING ACTIVITIES
Capital Expenditures $32.99M $39.11M
YoY Change -15.66% 78.8%
Acquisitions $15.12M $0.00
YoY Change
Other Investing Activities -$15.00K -$76.00K
YoY Change -80.26% -261.7%
Cash From Investing Activities -$23.15M -$39.44M
YoY Change -41.3% -293.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $20.07M
YoY Change -100.0% 60.07%
Debt Paid & Issued, Net $911.0K $895.0K
YoY Change 1.79% 12.3%
Cash From Financing Activities -$7.060M -$17.85M
YoY Change -60.45% 377.86%
NET CHANGE
Cash From Operating Activities $43.66M $99.65M
Cash From Investing Activities -$23.15M -$39.44M
Cash From Financing Activities -$7.060M -$17.85M
Net Change In Cash $7.446M $42.36M
YoY Change -82.42% -37.21%
FREE CASH FLOW
Cash From Operating Activities $43.66M $99.65M
Capital Expenditures $32.99M $39.11M
Free Cash Flow $10.67M $60.54M
YoY Change -82.38% 109.16%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
IPG PHOTONICS CORP
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001111928
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
175000000 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54538307 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54371701 shares
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
53108213 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
52941607 shares
CY2019Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1430094 shares
CY2018Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
1430094 shares
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
53143833 shares
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
548938000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
544358000 USD
CY2019Q1 us-gaap Short Term Investments
ShortTermInvestments
481139000 USD
CY2018Q4 us-gaap Short Term Investments
ShortTermInvestments
500432000 USD
CY2019Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
231850000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
255509000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
417817000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
403579000 USD
CY2019Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
50961000 USD
CY2018Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
43782000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
61389000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
57764000 USD
CY2019Q1 us-gaap Assets Current
AssetsCurrent
1792094000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
1805424000 USD
CY2019Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
17438000 USD
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
19165000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
110349000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
100722000 USD
CY2019Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
93280000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
87139000 USD
CY2019Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
570756000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
543068000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
44819000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
18932000 USD
CY2019Q1 us-gaap Assets
Assets
2628736000 USD
CY2018Q4 us-gaap Assets
Assets
2574450000 USD
CY2019Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
3688000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3671000 USD
CY2019Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
39970000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
36302000 USD
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
153151000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
154640000 USD
CY2019Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
13007000 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
51161000 USD
CY2019Q1 us-gaap Liabilities Current
LiabilitiesCurrent
209816000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
245774000 USD
CY2019Q1 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
109853000 USD
CY2018Q4 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
80734000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
40779000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
41707000 USD
CY2019Q1 us-gaap Liabilities
Liabilities
360448000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
368215000 USD
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
5000 USD
CY2019Q1 us-gaap Treasury Stock Value
TreasuryStockValue
224998000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
224998000 USD
CY2019Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
746926000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
744937000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1903659000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1848500000 USD
CY2019Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
19275000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-157751000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-162896000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
2267841000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
2205548000 USD
CY2019Q1 us-gaap Minority Interest
MinorityInterest
447000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
687000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2268288000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2206235000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2628736000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2574450000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315047000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
359864000 USD
CY2019Q1 us-gaap Cost Of Revenue
CostOfRevenue
166136000 USD
CY2018Q1 us-gaap Cost Of Revenue
CostOfRevenue
156502000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
148911000 USD
CY2018Q1 us-gaap Gross Profit
GrossProfit
203362000 USD
CY2018Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
13516000 USD
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
32496000 USD
CY2018Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
28546000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27212000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25495000 USD
CY2019Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1613000 USD
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
5295000 USD
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
80596000 USD
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
62262000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
68315000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
141100000 USD
CY2019Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
3952000 USD
CY2018Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
311000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9000 USD
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
443000 USD
CY2019Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3943000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
754000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
72258000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
141854000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17342000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35520000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
54916000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
106334000 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-243000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
55159000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
106334000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53001000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53694000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53874000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55182000 shares
CY2019Q1 us-gaap Profit Loss
ProfitLoss
54916000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
106334000 USD
CY2019Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5158000 USD
CY2018Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
26638000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-13000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2000 USD
CY2019Q1 ipgp Other Comprehensive Income Loss Adoption Of New Accounting Pronouncement Adjustment Net Of Tax
OtherComprehensiveIncomeLossAdoptionOfNewAccountingPronouncementAdjustmentNetOfTax
0 USD
CY2018Q1 ipgp Other Comprehensive Income Loss Adoption Of New Accounting Pronouncement Adjustment Net Of Tax
OtherComprehensiveIncomeLossAdoptionOfNewAccountingPronouncementAdjustmentNetOfTax
10000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5145000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26650000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
60061000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
132984000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-240000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
60301000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
132984000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
54916000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
106334000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22802000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19223000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-9199000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-7401000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8138000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6415000 USD
CY2019Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-267000 USD
CY2018Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1991000 USD
CY2019Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-123000 USD
CY2018Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-4000 USD
CY2019Q1 ipgp Provisions For Inventory Product Warranty And Bad Debt
ProvisionsForInventoryProductWarrantyAndBadDebt
9912000 USD
CY2018Q1 ipgp Provisions For Inventory Product Warranty And Bad Debt
ProvisionsForInventoryProductWarrantyAndBadDebt
9318000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-22853000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7942000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
19719000 USD
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
49744000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1284000 USD
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2138000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1955000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1134000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-10274000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9509000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-57801000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5264000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
43655000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
99653000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
32988000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
39113000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
181000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
210000 USD
CY2019Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
178101000 USD
CY2018Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
70777000 USD
CY2019Q1 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-202856000 USD
CY2018Q1 us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-70161000 USD
CY2019Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
15115000 USD
CY2018Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-15000 USD
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-76000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23152000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-39443000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2018Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
255000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2018Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
255000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
911000 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
895000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
-6149000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3113000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20071000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7060000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-17853000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5997000 USD
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16866000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
7446000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
59223000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
544358000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
909900000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
551804000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
969123000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
749000 USD
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
799000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
51438000 USD
CY2018Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19546000 USD
CY2019Q1 ipgp Demonstration Units Transferred From Inventory To Other Assets
DemonstrationUnitsTransferredFromInventoryToOtherAssets
3184000 USD
CY2018Q1 ipgp Demonstration Units Transferred From Inventory To Other Assets
DemonstrationUnitsTransferredFromInventoryToOtherAssets
446000 USD
CY2019Q1 ipgp Inventory Transferredto Property Plantand Equipment
InventoryTransferredtoPropertyPlantandEquipment
1506000 USD
CY2018Q1 ipgp Inventory Transferredto Property Plantand Equipment
InventoryTransferredtoPropertyPlantandEquipment
1618000 USD
CY2019Q1 ipgp Change In Capital Expenditures Incurred But Notyet Paid
ChangeInCapitalExpendituresIncurredButNotyetPaid
1817000 USD
CY2018Q1 ipgp Change In Capital Expenditures Incurred But Notyet Paid
ChangeInCapitalExpendituresIncurredButNotyetPaid
-3296000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6355000 USD
CY2018Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2022322000 USD
CY2018Q1 ipgp Stock Issued During Period Value Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueOptionsAndEquityInstrumentsOtherThanOptionsExercised
3113000 USD
CY2018Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
20071000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6415000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
616000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
106334000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
26638000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2145369000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2206235000 USD
CY2019Q1 ipgp Stock Issued During Period Value Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueOptionsAndEquityInstrumentsOtherThanOptionsExercised
-6149000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8138000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
54916000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
5161000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-13000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2268288000 USD
CY2019Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Times New Roman;font-size:10pt;font-style:italic;line-height:115%;">Reclassifications </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:Times New Roman;font-size:10pt;line-height:115%;">— Certain prior year amounts have been reclassified to conform with current period presentation. These reclassifications had no effect on the reported results of operations.</span>
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
57764000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
57440000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
18932000 USD
CY2019Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
38395000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
154640000 USD
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
159932000 USD
CY2018Q4 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
80734000 USD
CY2019Q1 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
94581000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
548938000 USD
CY2019Q1 us-gaap Restricted Cash
RestrictedCash
2866000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
551804000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315047000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
359864000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315047000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
359864000 USD
CY2019Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
25160000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315047000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
359864000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
315047000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
359864000 USD
CY2019Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
5587000 USD
CY2019Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10102000 USD
CY2018Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
0 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
55237000 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
52606000 USD
CY2018Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
50341000 USD
CY2019Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1649000 USD
CY2019Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1413000 USD
CY2018Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1472000 USD
CY2018Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
28332000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
32358000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
4192000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
539000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
275000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
91000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5000 USD
CY2019Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
37460000 USD
CY2019Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
714920000 USD
CY2019Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
44467000 USD
CY2019Q1 ipgp Contingent Purchase Consideration Fair Value Disclosure
ContingentPurchaseConsiderationFairValueDisclosure
294000 USD
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
481139000 USD
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
481196000 USD
CY2018Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
585875000 USD
CY2019Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
44761000 USD
CY2018Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
771275000 USD
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
45378000 USD
CY2018Q4 ipgp Contingent Purchase Consideration Fair Value Disclosure
ContingentPurchaseConsiderationFairValueDisclosure
898000 USD
CY2018Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
46276000 USD
CY2018Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
585573000 USD
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2019Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0 USD
CY2018Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
3859000 USD
CY2018Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
3859000 USD
CY2019Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
481139000 USD
CY2019Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
481196000 USD
CY2018Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
589734000 USD
CY2018Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
589432000 USD
CY2019Q1 ipgp Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After Five Years Amortized Cost
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterFiveYearsAmortizedCost
850000 USD
CY2019Q1 ipgp Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After Five Years Fair Value
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterFiveYearsFairValue
850000 USD
CY2018Q4 ipgp Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After Five Years Amortized Cost
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterFiveYearsAmortizedCost
847000 USD
CY2018Q4 ipgp Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After Five Years Fair Value
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterFiveYearsFairValue
847000 USD
CY2019Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
448000 USD
CY2019Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
247603000 USD
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
233594000 USD
CY2019Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
55698000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
66498000 USD
CY2019Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
114516000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
103487000 USD
CY2019Q1 us-gaap Inventory Net
InventoryNet
417817000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
403579000 USD
CY2019Q1 us-gaap Inventory Write Down
InventoryWriteDown
4764000 USD
CY2018Q1 us-gaap Inventory Write Down
InventoryWriteDown
3357000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
100722000 USD
CY2019Q1 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9426000 USD
CY2019Q1 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-247000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
110349000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
125733000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
32453000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
93280000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
116280000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29141000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
87139000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3316000 USD
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1931000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
10236000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12841000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12477000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11590000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10646000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
35490000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
93280000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1669000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1870000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24290000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5001000 USD
CY2019Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19170000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
24171000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
6314000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
4603000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3358000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2596000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2078000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
11340000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
30289000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5626000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4190000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3193000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2437000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1867000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
10916000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
28229000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4058000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
24171000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0352
CY2019Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
51882000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
60107000 USD
CY2019Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
55237000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
52606000 USD
CY2019Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
22524000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23106000 USD
CY2019Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5001000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18507000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18821000 USD
CY2019Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
153151000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
154640000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
51422000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
47517000 USD
CY2019Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4358000 USD
CY2018Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5574000 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
4839000 USD
CY2018Q1 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
3808000 USD
CY2019Q1 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
392000 USD
CY2018Q1 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-708000 USD
CY2019Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
50549000 USD
CY2018Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
49991000 USD
CY2019Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
22524000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23106000 USD
CY2019Q1 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
28025000 USD
CY2018Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
28316000 USD
CY2019Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
3688000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3671000 USD
CY2019Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
40779000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
41707000 USD
CY2019Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
105750000 USD
CY2019Q1 us-gaap Litigation Reserve
LitigationReserve
0 USD
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.240
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.250
CY2019Q1 ipgp Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-2338000 USD
CY2018Q1 ipgp Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-6506000 USD
CY2018Q1 ipgp Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount
2163000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11206000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10370000 USD
CY2019Q1 ipgp Unrecognized Tax Benefits Increase Decrease Resultingfrom Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions
28000 USD
CY2018Q1 ipgp Unrecognized Tax Benefits Increase Decrease Resultingfrom Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions
750000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
94000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
0 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11328000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11120000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
55159000 USD
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53694000 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
873000 shares
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
106334000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
55159000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
106334000 USD
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53001000 shares
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1488000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53874000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55182000 shares
CY2019Q1 ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
1.04
CY2018Q1 ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
1.98
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.98
CY2019Q1 ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
1.02
CY2018Q1 ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
1.93
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.93
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
118200 shares
CY2018Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
101400 shares
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
125000000 USD
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
125000000 USD
CY2018Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
82898 shares
CY2018Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
242.11
CY2018Q1 ipgp Decrease In Weighted Average Numberof Shares Outstanding Treasury Stock
DecreaseInWeightedAverageNumberofSharesOutstandingTreasuryStock
28172 shares
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares

Files In Submission

Name View Source Status
0001111928-19-000079-index-headers.html Edgar Link pending
0001111928-19-000079-index.html Edgar Link pending
0001111928-19-000079.txt Edgar Link pending
0001111928-19-000079-xbrl.zip Edgar Link pending
ex-311q12019.htm Edgar Link pending
ex-312q12019.htm Edgar Link pending
ex-32q12019.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
ipgp-20190331.htm Edgar Link pending
ipgp-20190331.xsd Edgar Link pending
ipgp-20190331_cal.xml Edgar Link unprocessable
ipgp-20190331_def.xml Edgar Link unprocessable
ipgp-20190331_htm.xml Edgar Link completed
ipgp-20190331_lab.xml Edgar Link unprocessable
ipgp-20190331_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
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
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending