$IPGP
IPG PHOTONICS CORP

2019 Q2 Form 10-Q Financial Statement

#000111192819000123 Filed on August 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $363.8M $413.6M
YoY Change -12.05% 11.98%
Cost Of Revenue $183.5M $178.6M
YoY Change 2.74% 9.54%
Gross Profit $180.2M $235.0M
YoY Change -23.3% 13.9%
Gross Profit Margin 49.55% 56.81%
Selling, General & Admin $49.20M $38.65M
YoY Change 27.29% 20.75%
% of Gross Profit 27.3% 16.45%
Research & Development $34.87M $31.81M
YoY Change 9.62% 22.55%
% of Gross Profit 19.35% 13.54%
Depreciation & Amortization $24.70M $19.50M
YoY Change 26.67% 28.29%
% of Gross Profit 13.7% 8.3%
Operating Expenses $89.15M $72.58M
YoY Change 22.82% 11.4%
Operating Profit $91.09M $162.4M
YoY Change -43.91% 15.06%
Interest Expense $4.051M $729.0K
YoY Change 455.69% 55.77%
% of Operating Profit 4.45% 0.45%
Other Income/Expense, Net $4.709M $1.115M
YoY Change 322.33% 127.09%
Pretax Income $95.80M $163.5M
YoY Change -41.41% 15.44%
Income Tax $23.28M $41.89M
% Of Pretax Income 24.3% 25.62%
Net Earnings $72.27M $121.6M
YoY Change -40.57% 16.81%
Net Earnings / Revenue 19.87% 29.4%
Basic Earnings Per Share $1.36 $2.27
Diluted Earnings Per Share $1.34 $2.21
COMMON SHARES
Basic Shares Outstanding 53.04M shares 53.66M shares
Diluted Shares Outstanding 53.85M shares 54.99M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.043B $1.126B
YoY Change -7.37% 21.0%
Cash & Equivalents $530.0M $816.8M
Short-Term Investments $512.8M $309.0M
Other Short-Term Assets $120.6M $92.10M
YoY Change 30.94% 11.77%
Inventory $426.0M $376.0M
Prepaid Expenses
Receivables $273.7M $242.1M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.863B $1.836B
YoY Change 1.47% 21.53%
LONG-TERM ASSETS
Property, Plant & Equipment $601.0M $514.8M
YoY Change 16.75% 32.04%
Goodwill $110.9M $59.62M
YoY Change 85.97% 107.52%
Intangibles $89.91M $47.25M
YoY Change 90.28% 46.31%
Long-Term Investments
YoY Change
Other Assets $51.75M $44.99M
YoY Change 15.02% 113.74%
Total Long-Term Assets $874.3M $694.4M
YoY Change 25.9% 33.61%
TOTAL ASSETS
Total Short-Term Assets $1.863B $1.836B
Total Long-Term Assets $874.3M $694.4M
Total Assets $2.737B $2.530B
YoY Change 8.18% 24.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.02M $42.99M
YoY Change -11.57% 48.26%
Accrued Expenses $161.2M $134.3M
YoY Change 20.02% 15.29%
Deferred Revenue $61.51M $46.99M
YoY Change 30.9%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.705M $3.637M
YoY Change 1.87% 206.14%
Total Short-Term Liabilities $222.2M $210.3M
YoY Change 5.68% 34.12%
LONG-TERM LIABILITIES
Long-Term Debt $39.85M $43.55M
YoY Change -8.51% 103.75%
Other Long-Term Liabilities $21.40M
YoY Change
Total Long-Term Liabilities $39.85M $43.55M
YoY Change -8.51% 103.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $222.2M $210.3M
Total Long-Term Liabilities $39.85M $43.55M
Total Liabilities $370.1M $358.3M
YoY Change 3.27% 58.42%
SHAREHOLDERS EQUITY
Retained Earnings $1.976B $1.672B
YoY Change 18.15% 31.14%
Common Stock $761.9M $729.1M
YoY Change 4.51% 7.02%
Preferred Stock
YoY Change
Treasury Stock (at cost) $227.3M $100.0M
YoY Change 127.29% 202.49%
Treasury Stock Shares 1.446M shares 592.8K shares
Shareholders Equity $2.367B $2.172B
YoY Change
Total Liabilities & Shareholders Equity $2.737B $2.530B
YoY Change 8.18% 24.62%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $72.27M $121.6M
YoY Change -40.57% 16.81%
Depreciation, Depletion And Amortization $24.70M $19.50M
YoY Change 26.67% 28.29%
Cash From Operating Activities $58.10M $108.9M
YoY Change -46.65% 32.32%
INVESTING ACTIVITIES
Capital Expenditures -$53.50M -$57.40M
YoY Change -6.79% 164.52%
Acquisitions
YoY Change
Other Investing Activities -$29.60M -$131.5M
YoY Change -77.49% -385.25%
Cash From Investing Activities -$83.10M -$188.9M
YoY Change -56.01% -877.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.000M -24.30M
YoY Change -112.35% 11.98%
NET CHANGE
Cash From Operating Activities 58.10M 108.9M
Cash From Investing Activities -83.10M -188.9M
Cash From Financing Activities 3.000M -24.30M
Net Change In Cash -22.00M -104.3M
YoY Change -78.91% -222.85%
FREE CASH FLOW
Cash From Operating Activities $58.10M $108.9M
Capital Expenditures -$53.50M -$57.40M
Free Cash Flow $111.6M $166.3M
YoY Change -32.89% 59.9%

Facts In Submission

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IPG PHOTONICS CORP
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OtherComprehensiveIncomeLossNetOfTax
13808000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-78663000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18953000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-52013000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
86329000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
42954000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
146390000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
175938000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
267000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
27000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
86062000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42954000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
146363000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
175938000 USD
us-gaap Profit Loss
ProfitLoss
127437000 USD
us-gaap Profit Loss
ProfitLoss
227951000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
47486000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38727000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-2628000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-6097000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17031000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-56861000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
13724000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-4185000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1056000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-170000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
181000 USD
ipgp Provisions For Inventory Product Warranty And Bad Debt
ProvisionsForInventoryProductWarrantyAndBadDebt
22697000 USD
ipgp Provisions For Inventory Product Warranty And Bad Debt
ProvisionsForInventoryProductWarrantyAndBadDebt
20092000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21056000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9491000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
40789000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
91014000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-8616000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1991000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-445000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9527000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-9320000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-17860000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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14026000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101779000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
208551000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86492000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
96516000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
288000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
641000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
339828000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
289830000 USD
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-334680000 USD
us-gaap Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
-161618000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
15115000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4422000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-209000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-188000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-106258000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-228321000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
255000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
255000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1827000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1794000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
-32000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
10631000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2284000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
51064000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4143000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-42227000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2759000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-31111000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-11381000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-93108000 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
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
532977000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
816792000 USD
us-gaap Interest Paid Net
InterestPaidNet
1164000 USD
us-gaap Interest Paid Net
InterestPaidNet
1672000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
73855000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
64495000 USD
ipgp Demonstration Units Transferred From Inventory To Other Assets
DemonstrationUnitsTransferredFromInventoryToOtherAssets
6572000 USD
ipgp Demonstration Units Transferred From Inventory To Other Assets
DemonstrationUnitsTransferredFromInventoryToOtherAssets
1720000 USD
ipgp Inventory Transferredto Property Plantand Equipment
InventoryTransferredtoPropertyPlantandEquipment
6444000 USD
ipgp Inventory Transferredto Property Plantand Equipment
InventoryTransferredtoPropertyPlantandEquipment
5000000 USD
ipgp Change In Capital Expenditures Incurred But Notyet Paid
ChangeInCapitalExpendituresIncurredButNotyetPaid
1959000 USD
ipgp Change In Capital Expenditures Incurred But Notyet Paid
ChangeInCapitalExpendituresIncurredButNotyetPaid
-1683000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
10698000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 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 Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-13000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2268288000 USD
CY2019Q2 ipgp Stock Issued During Period Value Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueOptionsAndEquityInstrumentsOtherThanOptionsExercised
2152000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
3965000 USD
CY2019Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2284000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8893000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
72521000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
13818000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
8000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2367361000 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
CY2018Q4 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
80734000 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 Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2145369000 USD
CY2018Q2 ipgp Stock Issued During Period Value Options And Equity Instruments Other Than Options Exercised
StockIssuedDuringPeriodValueOptionsAndEquityInstrumentsOtherThanOptionsExercised
5230000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2288000 USD
CY2018Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
30993000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7309000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
121617000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-78663000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2172157000 USD
CY2019Q1 us-gaap Deferred Income Taxes And Other Liabilities Noncurrent
DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent
94581000 USD
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;font-weight:400;line-height:120%;">Reclassifications </span><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman';font-size:10pt;font-weight:400;line-height:120%;">— 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
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
530013000 USD
CY2019Q2 us-gaap Restricted Cash
RestrictedCash
2964000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
532977000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
363769000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
413613000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
678816000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
773477000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
363769000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
413613000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
413613000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
678816000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
773477000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
363769000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
678816000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
773477000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
363769000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
413613000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
678816000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
773477000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
8460000 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
10102000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-1642000 USD
CY2018Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
0 USD
CY2017Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
0 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
0 USD
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61506000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
52606000 USD
ipgp Increase Decrease In Contract With Customer Liability Current
IncreaseDecreaseInContractWithCustomerLiabilityCurrent
8900000 USD
CY2018Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
46986000 USD
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
46508000 USD
ipgp Increase Decrease In Contract With Customer Liability Current
IncreaseDecreaseInContractWithCustomerLiabilityCurrent
478000 USD
CY2019Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1720000 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1413000 USD
ipgp Increase Decrease In Contract With Customer Liability Non Current
IncreaseDecreaseInContractWithCustomerLiabilityNonCurrent
307000 USD
CY2018Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1414000 USD
CY2017Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
182000 USD
ipgp Increase Decrease In Contract With Customer Liability Non Current
IncreaseDecreaseInContractWithCustomerLiabilityNonCurrent
1232000 USD
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
11092000 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
7197000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
36252000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
35529000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
636000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
331000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
24554000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
5505000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
133000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
27000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
31186000 USD
CY2019Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
741203000 USD
CY2019Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
43551000 USD
CY2019Q2 ipgp Contingent Purchase Consideration Fair Value Disclosure
ContingentPurchaseConsiderationFairValueDisclosure
300000 USD
CY2019Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
43851000 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
CY2019Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
512816000 USD
CY2019Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
513200000 USD
CY2018Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
585875000 USD
CY2018Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
585573000 USD
CY2019Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2019Q2 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
CY2019Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
512816000 USD
CY2019Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
513200000 USD
CY2018Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
589734000 USD
CY2018Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
589432000 USD
CY2019Q2 ipgp Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After Five Years Amortized Cost
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterFiveYearsAmortizedCost
852000 USD
CY2019Q2 ipgp Debt Securities Available For Sale Maturity Allocated And Single Maturity Date After Five Years Fair Value
DebtSecuritiesAvailableForSaleMaturityAllocatedAndSingleMaturityDateAfterFiveYearsFairValue
852000 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
CY2019Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
243768000 USD
CY2018Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
233594000 USD
CY2019Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
40661000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
66498000 USD
CY2019Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
141567000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
103487000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
425996000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
403579000 USD
CY2019Q2 us-gaap Inventory Write Down
InventoryWriteDown
7886000 USD
CY2018Q2 us-gaap Inventory Write Down
InventoryWriteDown
3497000 USD
us-gaap Inventory Write Down
InventoryWriteDown
12649000 USD
us-gaap Inventory Write Down
InventoryWriteDown
6854000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
100722000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
9426000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
448000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
272000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
110868000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
126163000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36257000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
89906000 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
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3648000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1908000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6964000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3839000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7236000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
13665000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13298000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12404000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
11449000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
31854000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
89906000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
2795000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
4464000 USD
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1572000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
3442000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
27083000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5647000 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21375000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
27022000 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
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6476000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5017000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3845000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3189000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2418000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
11399000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
32344000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5322000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
27022000 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0363
CY2019Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
55238000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
60107000 USD
CY2019Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61506000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
52606000 USD
CY2019Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23841000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23106000 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5647000 USD
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
161209000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14977000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18821000 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
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8618000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
12830000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-1000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
812000 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
50611000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
9430000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
8986000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
50549000 USD
CY2019Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23841000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23106000 USD
CY2019Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
26770000 USD
CY2018Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
28316000 USD
CY2019Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
3705000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3671000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
39846000 USD
CY2019Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
106680000 USD
CY2019Q2 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-575000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
41707000 USD
CY2019Q2 us-gaap Litigation Reserve
LitigationReserve
0 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.243
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.256
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.254
CY2018Q2 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-2407000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-2913000 USD
us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-8907000 USD
CY2018Q2 ipgp Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount
2390000 USD
ipgp Effective Income Tax Rate Reconciliation Global Intangible Low Taxed Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount
4553000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11206000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10370000 USD
ipgp Unrecognized Tax Benefits Increase Decrease Resultingfrom Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions
49000 USD
ipgp Unrecognized Tax Benefits Increase Decrease Resultingfrom Current Period Tax Positions
UnrecognizedTaxBenefitsIncreaseDecreaseResultingfromCurrentPeriodTaxPositions
745000 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
199000 USD
us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
0 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11454000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11115000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
72272000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
121617000 USD
us-gaap Net Income Loss
NetIncomeLoss
127431000 USD
us-gaap Net Income Loss
NetIncomeLoss
227951000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
72272000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
121617000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
127431000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
227951000 USD
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53042000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53662000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53076000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53703000 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
806000 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1330000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
839000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1408000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53848000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54992000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
53915000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55111000 shares
CY2019Q2 ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
1.36
CY2018Q2 ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
2.27
ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
2.40
ipgp Basic Net Income Per Share Attributable To Parent
BasicNetIncomePerShareAttributableToParent
4.24
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.36
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.24
CY2019Q2 ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
1.34
CY2018Q2 ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
2.21
ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
2.36
ipgp Diluted Net Income Per Share Attributable To Parent
DilutedNetIncomePerShareAttributableToParent
4.14
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.34
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.14
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
38700 shares
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
80600 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
90300 shares
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
125000000 USD
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
125000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
15380 shares
CY2019Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
15380 shares
CY2019Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
148.52
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
148.52
CY2019Q2 ipgp Decrease In Weighted Average Numberof Shares Outstanding Treasury Stock
DecreaseInWeightedAverageNumberofSharesOutstandingTreasuryStock
769 shares
ipgp Decrease In Weighted Average Numberof Shares Outstanding Treasury Stock
DecreaseInWeightedAverageNumberofSharesOutstandingTreasuryStock
386 shares
CY2018Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
131680 shares
CY2018Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
235.37
CY2018Q2 ipgp Decrease In Weighted Average Numberof Shares Outstanding Treasury Stock
DecreaseInWeightedAverageNumberofSharesOutstandingTreasuryStock
82546 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
214578 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
237.98
ipgp Decrease In Weighted Average Numberof Shares Outstanding Treasury Stock
DecreaseInWeightedAverageNumberofSharesOutstandingTreasuryStock
97185 shares
CY2019Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
15380 shares

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