$IRBT
IROBOT CORP Stock $irbt

$irbt Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000115916714000026 Filed on May 02, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$114.2M	$106.2M
YoY Change	7.54%	8.58%
Cost Of Revenue	$62.49M	$59.67M
YoY Change	4.74%	0.7%
Gross Profit	$51.71M	$46.56M
YoY Change	11.07%	20.77%
Gross Profit Margin	45.28%	43.84%
Selling, General & Admin	$26.80M	$23.16M
YoY Change	15.72%	-0.94%
% of Gross Profit	51.82%	49.73%
Research & Development	$16.93M	$14.41M
YoY Change	17.53%	-0.63%
% of Gross Profit	32.75%	30.95%
Depreciation & Amortization	$3.142M	$3.284M
YoY Change	-4.32%	26.21%
% of Gross Profit	6.08%	7.05%
Operating Expenses	$43.73M	$37.56M
YoY Change	16.42%	-0.82%
Operating Profit	$7.980M	$8.964M
YoY Change	-10.98%	1224.08%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$187.0K	-$96.00K
YoY Change	94.79%	-143.64%
Pretax Income	$7.793M	$8.868M
YoY Change	-12.12%	888.63%
Income Tax	$2.513M	$513.0K
% Of Pretax Income	32.25%	5.78%
Net Earnings	$5.280M	$8.355M
YoY Change	-36.8%	1179.48%
Net Earnings / Revenue	4.62%	7.87%
Basic Earnings Per Share	$0.18	$0.30
Diluted Earnings Per Share	$0.18	$0.29
COMMON SHARES
Basic Shares Outstanding	29.19M shares	27.93M shares
Diluted Shares Outstanding	30.03M shares	28.56M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$185.4M	$137.4M
YoY Change	34.93%	-24.55%
Cash & Equivalents	$154.8M	$133.9M
Short-Term Investments	$30.50M	$13.90M
Other Short-Term Assets	$10.44M	$9.811M
YoY Change	6.37%	-53.94%
Inventory	$41.39M	$32.16M
Prepaid Expenses
Receivables	$36.54M	$27.28M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$294.6M	$228.3M
YoY Change	29.05%	-14.24%
LONG-TERM ASSETS
Property, Plant & Equipment	$25.12M	$23.63M
YoY Change	6.31%	-16.21%
Goodwill	$48.75M	$48.95M
YoY Change	-0.41%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$10.50M	$10.50M
YoY Change	0.0%	-63.91%
Total Long-Term Assets	$116.6M	$119.0M
YoY Change	-2.01%	99.6%
TOTAL ASSETS
Total Short-Term Assets	$294.6M	$228.3M
Total Long-Term Assets	$116.6M	$119.0M
Total Assets	$411.2M	$347.3M
YoY Change	18.41%	6.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$34.22M	$29.80M
YoY Change	14.82%	-32.72%
Accrued Expenses	$13.56M	$13.98M
YoY Change	-2.96%	-47.85%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$59.95M	$54.41M
YoY Change	10.18%	-26.08%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$4.400M	$5.000M
YoY Change	-12.0%	19.05%
Total Long-Term Liabilities	$4.414M	$5.033M
YoY Change	-12.3%	19.83%
TOTAL LIABILITIES
Total Short-Term Liabilities	$59.95M	$54.41M
Total Long-Term Liabilities	$4.414M	$5.033M
Total Liabilities	$64.36M	$59.44M
YoY Change	8.28%	-23.6%
SHAREHOLDERS EQUITY
Retained Earnings	$108.4M	$83.79M
YoY Change	29.32%
Common Stock	$238.4M	$203.8M
YoY Change	17.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$346.8M	$287.8M
YoY Change
Total Liabilities & Shareholders Equity	$411.2M	$347.3M
YoY Change	18.41%	6.58%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	$5.280M	$8.355M
YoY Change	-36.8%	1179.48%
Depreciation, Depletion And Amortization	$3.142M	$3.284M
YoY Change	-4.32%	26.21%
Cash From Operating Activities	-$7.762M	$156.0K
YoY Change	-5075.64%	-95.93%
INVESTING ACTIVITIES
Capital Expenditures	$2.177M	$1.077M
YoY Change	102.14%	-34.45%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$2.000M
YoY Change	-100.0%	-157.14%
Cash From Investing Activities	-$10.89M	-$4.624M
YoY Change	135.47%	-10.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$8.070M	$1.274M
YoY Change	533.44%	-29.26%
NET CHANGE
Cash From Operating Activities	-$7.762M	$156.0K
Cash From Investing Activities	-$10.89M	-$4.624M
Cash From Financing Activities	$8.070M	$1.274M
Net Change In Cash	-$10.58M	-$3.194M
YoY Change	231.25%	-751.84%
FREE CASH FLOW
Cash From Operating Activities	-$7.762M	$156.0K
Capital Expenditures	$2.177M	$1.077M
Free Cash Flow	-$9.939M	-$921.0K
YoY Change	979.15%	-142.07%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	34221000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	41344000	USD
CY2014Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	36540000	USD
CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2013Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	39348000	USD
CY2013Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14880000	USD
CY2014Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	13563000	USD
CY2013Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	181000	USD
CY2014Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	323000	USD
CY2014Q1	us-gaap	Accrued Rent Current AccruedRentCurrent	720000	USD
CY2013Q4	us-gaap	Accrued Rent Current AccruedRentCurrent	726000	USD
CY2013Q4	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	539000	USD
CY2014Q1	us-gaap	Accrued Sales Commission Current AccruedSalesCommissionCurrent	247000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	147000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	11000	USD
CY2014Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	238154000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	227175000	USD
CY2014Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	67000	USD
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	67000	USD
CY2013Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1000000	USD
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	900000	USD
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1100000	shares
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	100000	shares
CY2013Q4	us-gaap	Assets Assets	416337000	USD
CY2014Q1	us-gaap	Assets Assets	411179000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	300661000	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	294611000	USD
CY2013Q4	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	21954000	USD
CY2014Q1	us-gaap	Available For Sale Securities Current AvailableForSaleSecuritiesCurrent	30540000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	165404000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	154824000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	126770000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	123576000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-10580000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-3194000	USD
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.058
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	29435149	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28935253	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	28935253	shares
CY2014Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	29435149	shares
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	289000	USD
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	294000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5144000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	8367000	USD
CY2014Q1	us-gaap	Contractual Obligation ContractualObligation	106000000	USD
CY2014Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	62494000	USD
CY2013Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	59668000	USD
CY2014Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	4420000	USD
CY2013Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	5085000	USD
CY2014Q1	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	19950000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	20144000	USD
CY2014Q1	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	10433000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	10095000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3142000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3284000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.18
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.29
CY2014Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.322
CY2014Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	7744000	USD
CY2013Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	19606000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	43000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	2231000	USD
CY2014Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	2231000	USD
CY2013Q1	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	43000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	7044000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	7948000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	5293000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	2618000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	3457000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	3457000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3457000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	3482000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	31500000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	31500000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	22668000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	21764000	USD
CY2014Q1	us-gaap	Fiscal Period FiscalPeriod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year-End</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company operates and reports using a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">-53</font><font style="font-family:inherit;font-size:10pt;"> week fiscal year ending on the Saturday closest to December 31. Accordingly, the Company’s fiscal quarters end on the Saturday that falls closest to the last day of the third month of each quarter.</font></div></div>
CY2013Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-182000	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	10000	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12264000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12458000	USD
CY2013Q4	us-gaap	Goodwill Goodwill	48751000	USD
CY2014Q1	us-gaap	Goodwill Goodwill	48751000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	46527000	USD
CY2014Q1	us-gaap	Gross Profit GrossProfit	51710000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	8868000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	7793000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2513000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	513000	USD
CY2014Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	3284000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	1510000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-7924000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-12711000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2808000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-2133000	USD
CY2014Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-1912000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	449000	USD
CY2014Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-665000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-2628000	USD
CY2013Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-4867000	USD
CY2014Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-11862000	USD
CY2014Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4080000	USD
CY2013Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-4805000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	379000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-1399000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3588000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	983000	USD
CY2013Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	815000	USD
CY2014Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-319000	USD
CY2013Q1	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	1056000	USD
CY2014Q1	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	75000	USD
CY2014Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	32698000	USD
CY2013Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	37587000	USD
CY2013Q4	us-gaap	Inventory Net InventoryNet	46107000	USD
CY2014Q1	us-gaap	Inventory Net InventoryNet	41390000	USD
CY2014Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	8692000	USD
CY2013Q4	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	8520000	USD
CY2013Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	0	USD
CY2014Q1	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	0	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	411179000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	416337000	USD
CY2014Q1	us-gaap	Liabilities Current LiabilitiesCurrent	59948000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	80915000	USD
CY2013Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4733000	USD
CY2014Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	4414000	USD
CY2014Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">1. Description of Business</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">iRobot Corporation (“iRobot” or the “Company”) develops robotics and artificial intelligence technologies and applies these technologies in producing and marketing robots. The majority of the Company’s revenue is generated from product sales and, to a lesser extent, government and commercial research and development contracts.</font></div></div>
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8070000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1274000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10888000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4624000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	156000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-7762000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	8355000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	5280000	USD
CY2013Q1	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	0	USD
CY2014Q1	us-gaap	Noncash Or Part Noncash Acquisition Fixed Assets Acquired1 NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1	1373000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-187000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-96000	USD
CY2014Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	Segment
CY2013Q1	us-gaap	Operating Expenses OperatingExpenses	37563000	USD
CY2014Q1	us-gaap	Operating Expenses OperatingExpenses	43730000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	7980000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	8964000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	16524000	USD
CY2014Q1	us-gaap	Other Assets Current OtherAssetsCurrent	10436000	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10501000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	10501000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-136000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	12000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	2556000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	2383000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	2383000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	2662000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	3363000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	3177000	USD
CY2014Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	1100000	USD
CY2013Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	1000000	USD
CY2013Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4235000	USD
CY2014Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	4188000	USD
CY2013Q4	us-gaap	Other Assets Current OtherAssetsCurrent	6848000	USD
CY2013Q1	us-gaap	Other Noncash Expense OtherNoncashExpense	11000	USD
CY2014Q1	us-gaap	Other Noncash Expense OtherNoncashExpense	11000	USD
CY2014Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	0	USD
CY2013Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	2000000	USD
CY2013Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	513000	USD
CY2014Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1118000	USD
CY2014Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	11211000	USD
CY2013Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	2547000	USD
CY2014Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	2177000	USD
CY2013Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1077000	USD
CY2014Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2014Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	2500000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	1000000	USD
CY2013Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1744000	USD
CY2014Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	6957000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	23661000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	25119000	USD
CY2013Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	14408000	USD
CY2014Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	16934000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	103078000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	108358000	USD
CY2014Q1	us-gaap	Sales Revenue Net SalesRevenueNet	114204000	USD
CY2013Q1	us-gaap	Sales Revenue Net SalesRevenueNet	106195000	USD
CY2014Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	14532000	USD
CY2013Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	10697000	USD
CY2014Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3078000	USD
CY2013Q1	us-gaap	Share Based Compensation ShareBasedCompensation	2929000	USD
CY2014Q1	us-gaap	Share Price SharePrice	43.35
CY2014Q1	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound	700000	USD
CY2013Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6497000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6021000	USD
CY2012Q4	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6057000	USD
CY2014Q1	us-gaap	Standard Product Warranty Accrual StandardProductWarrantyAccrual	6358000	USD
CY2013Q4	us-gaap	Standard Product Warranty Accrual Current StandardProductWarrantyAccrualCurrent	6497000	USD
CY2014Q1	us-gaap	Standard Product Warranty Accrual Current StandardProductWarrantyAccrualCurrent	6358000	USD
CY2014Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	1272000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Payments StandardProductWarrantyAccrualPayments	440000	USD
CY2014Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	1133000	USD
CY2013Q1	us-gaap	Standard Product Warranty Accrual Warranties Issued StandardProductWarrantyAccrualWarrantiesIssued	404000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	346817000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	330689000	USD
CY2014Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	931000	USD
CY2013Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	856000	USD
CY2014Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of these financial statements in conformity with accounting principles generally accepted in the United States requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and disclosure of contingent assets and liabilities. On an ongoing basis, management evaluates these estimates and judgments, including those related to revenue recognition, sales returns, bad debts, warranty claims, inventory reserves, valuation of investments, valuation of goodwill and intangible assets, assumptions used in valuing stock-based compensation instruments and income taxes. The Company bases these estimates on historical and anticipated results and trends and on various other assumptions that the Company believes are reasonable under the circumstances, including assumptions as to future events. These estimates form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. By their nature, estimates are subject to an inherent degree of uncertainty. Actual results may differ from the Company’s estimates.</font></div></div>
CY2013Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	628000	shares
CY2014Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	844000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28558000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30033000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	29189000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27930000	shares
CY2014Q1	irbt	Accrued Direct Fulfillment Costs AccruedDirectFulfillmentCosts	670000	USD
CY2013Q4	irbt	Accrued Direct Fulfillment Costs AccruedDirectFulfillmentCosts	1362000	USD
CY2014Q1	irbt	Accrued Sales Tax AccruedSalesTax	759000	USD
CY2013Q4	irbt	Accrued Sales Tax AccruedSalesTax	831000	USD
CY2014Q1	irbt	Accruedcontractorscurrent Accruedcontractorscurrent	298000	USD
CY2013Q4	irbt	Accruedcontractorscurrent Accruedcontractorscurrent	509000	USD
CY2005Q4	irbt	Effective Date For Stock Options Plan EffectiveDateForStockOptionsPlan	2005-10-10
CY2014Q1	irbt	Finitelivedintangibleassetsaccumulatedimpairmentloss Finitelivedintangibleassetsaccumulatedimpairmentloss	1788000	USD
CY2013Q4	irbt	Finitelivedintangibleassetsaccumulatedimpairmentloss Finitelivedintangibleassetsaccumulatedimpairmentloss	1788000	USD
CY2014Q1	irbt	Increase In Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized IncreaseInShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	0.045
CY2013Q1	irbt	Noncashinvestingactivitytransferofinventorytopropertyandequipment Noncashinvestingactivitytransferofinventorytopropertyandequipment	0	USD
CY2014Q1	irbt	Noncashinvestingactivitytransferofinventorytopropertyandequipment Noncashinvestingactivitytransferofinventorytopropertyandequipment	637000	USD
CY2014Q1	irbt	Number Of Customer Generating Major Revenues NumberOfCustomerGeneratingMajorRevenues	2	customer
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-27
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-29
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001159167
CY2014Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	29479815	shares
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	IROBOT CORP
CY2014Q1	dei	Trading Symbol TradingSymbol	IRBT

Files In Submission

Name	View Source	Status
0001159167-14-000026-index-headers.html	Edgar Link	pending
0001159167-14-000026-index.html	Edgar Link	pending
0001159167-14-000026.txt	Edgar Link	pending
0001159167-14-000026-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
irbt-20140329.xml	Edgar Link	completed
irbt-20140329.xsd	Edgar Link	pending
irbt-20140329_cal.xml	Edgar Link	unprocessable
irbt-20140329_def.xml	Edgar Link	unprocessable
irbt-20140329_lab.xml	Edgar Link	unprocessable
irbt-20140329_pre.xml	Edgar Link	unprocessable
irbt-2014329x10q.htm	Edgar Link	pending
irbtexhibit31132914.htm	Edgar Link	pending
irbtexhibit31232914.htm	Edgar Link	pending
irbtexhibit32132914.htm	Edgar Link	pending
irobotexhibit10132914.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$IRBT
IROBOT CORP Stock $irbt

2014 Q1 Form 10-Q Financial Statement

#000115916714000026 Filed on May 02, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRBT IROBOT CORP Stock $irbt

2014 Q1 Form 10-Q Financial Statement

#000115916714000026 Filed on May 02, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRBT
IROBOT CORP Stock $irbt