2021 Q1 Form 10-K Financial Statement

#000115916721000008 Filed on February 16, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2019 Q4 2019 Q3
Revenue $544.8M $426.8M $289.4M
YoY Change 182.96% 10.95% 9.4%
Cost Of Revenue $329.4M $257.4M $152.6M
YoY Change 187.48% 29.87% 17.96%
Gross Profit $215.4M $169.4M $136.8M
YoY Change 176.31% -9.19% 1.21%
Gross Profit Margin 39.54% 39.69% 47.28%
Selling, General & Admin $155.2M $115.3M $60.63M
YoY Change 153.73% -3.11% -2.77%
% of Gross Profit 72.05% 68.08% 44.31%
Research & Development $44.70M $37.30M $33.40M
YoY Change 21.6% -0.53% -5.4%
% of Gross Profit 20.75% 22.02% 24.41%
Depreciation & Amortization $9.100M $9.500M $9.800M
YoY Change 22.0% -1.04% 5.38%
% of Gross Profit 4.22% 5.61% 7.16%
Operating Expenses $200.2M $152.8M $94.29M
YoY Change 103.91% -2.49% -3.72%
Operating Profit $15.20M $16.57M $42.56M
YoY Change -175.15% -44.42% 14.16%
Interest Expense -$100.0K $900.0K
YoY Change -116.67% 125.0%
% of Operating Profit -0.6% 2.11%
Other Income/Expense, Net -$200.0K $8.600M $900.0K
YoY Change 952.63% -4400.0% 167.06%
Pretax Income $15.00M $25.10M $43.46M
YoY Change -174.1% -16.89% 15.53%
Income Tax $1.700M $5.000M $7.923M
% Of Pretax Income 11.33% 19.92% 18.23%
Net Earnings $13.30M $20.04M $35.53M
YoY Change -173.34% -20.44% 11.28%
Net Earnings / Revenue 2.44% 4.7% 12.28%
Basic Earnings Per Share $1.26
Diluted Earnings Per Share $458.6K $0.70 $1.24
COMMON SHARES
Basic Shares Outstanding 28.20M shares 28.27M shares 28.15M shares
Diluted Shares Outstanding 28.65M shares

Balance Sheet

Concept 2021 Q1 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $483.7M $256.4M $91.10M
YoY Change 83.57% 58.27% -32.57%
Cash & Equivalents $432.6M $239.4M $70.54M
Short-Term Investments $51.10M $17.00M $20.50M
Other Short-Term Assets $45.22M $34.29M $39.11M
YoY Change 8.34% 33.61% 7.65%
Inventory $181.8M $157.3M $248.3M
Prepaid Expenses
Receivables $170.5M $146.2M $169.6M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $881.2M $594.2M $548.0M
YoY Change 80.01% 15.51% 24.05%
LONG-TERM ASSETS
Property, Plant & Equipment $76.58M $75.99M $75.02M
YoY Change -3.7% 33.25% 38.42%
Goodwill $125.9M $118.7M $117.5M
YoY Change 6.33% -0.14% -1.07%
Intangibles $9.902M $12.35M
YoY Change
Long-Term Investments $17.40M $21.00M $22.40M
YoY Change -18.31% 39.07% 43.59%
Other Assets $19.06M $30.20M $32.00M
YoY Change -43.56% 96.71% 104.53%
Total Long-Term Assets $308.5M $326.5M $325.6M
YoY Change -6.65% 29.31% 30.34%
TOTAL ASSETS
Total Short-Term Assets $881.2M $594.2M $548.0M
Total Long-Term Assets $308.5M $326.5M $325.6M
Total Assets $1.190B $920.8M $873.7M
YoY Change 45.08% 20.05% 26.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $165.8M $116.2M $108.3M
YoY Change 114.69% -15.03% 5.03%
Accrued Expenses $131.4M $81.77M $70.59M
YoY Change 135.46% 14.75% 12.31%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $307.6M $202.5M $183.8M
YoY Change 122.33% -5.27% 7.68%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $26.54M $10.34M $9.059M
YoY Change 139.98% -25.47% -21.85%
Total Long-Term Liabilities $77.73M $66.18M $66.96M
YoY Change 19.29% 270.1% 286.78%
TOTAL LIABILITIES
Total Short-Term Liabilities $307.6M $202.5M $183.8M
Total Long-Term Liabilities $77.73M $66.18M $66.96M
Total Liabilities $385.3M $268.7M $250.8M
YoY Change 89.34% 15.99% 33.38%
SHAREHOLDERS EQUITY
Retained Earnings $599.4M $452.3M $432.3M
YoY Change 38.05% 23.24% 26.46%
Common Stock $205.5M $196.7M $189.6M
YoY Change 16.74% 13.69% 15.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $804.4M $652.1M $622.9M
YoY Change
Total Liabilities & Shareholders Equity $1.190B $920.8M $873.7M
YoY Change 45.08% 20.05% 26.32%

Cashflow Statement

Concept 2021 Q1 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $13.30M $20.04M $35.53M
YoY Change -173.34% -20.44% 11.28%
Depreciation, Depletion And Amortization $9.100M $9.500M $9.800M
YoY Change 22.0% -1.04% 5.38%
Cash From Operating Activities $135.3M $161.7M -$52.90M
YoY Change 232.15% 414.97% -477.86%
INVESTING ACTIVITIES
Capital Expenditures -$6.600M -$8.200M -$12.40M
YoY Change -190.29% 15.49% 12.73%
Acquisitions
YoY Change
Other Investing Activities $2.600M $13.20M $2.700M
YoY Change 66.67% 288.24% -18.18%
Cash From Investing Activities -$3.900M $5.000M -$9.700M
YoY Change -27.37% -231.58% 25.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.500M 2.200M 300.0K
YoY Change -105.8% -8.33% -94.34%
NET CHANGE
Cash From Operating Activities 135.3M 161.7M -52.90M
Cash From Investing Activities -3.900M 5.000M -9.700M
Cash From Financing Activities 1.500M 2.200M 300.0K
Net Change In Cash 132.9M 168.9M -62.30M
YoY Change 1317.45% 463.0% -637.07%
FREE CASH FLOW
Cash From Operating Activities $135.3M $161.7M -$52.90M
Capital Expenditures -$6.600M -$8.200M -$12.40M
Free Cash Flow $141.9M $169.9M -$40.50M
YoY Change 324.55% 341.3% -262.0%

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ProceedsFromSaleOfOtherAssetsInvestingActivities
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NetCashProvidedByUsedInInvestingActivities
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ProceedsFromStockPlans
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2018 us-gaap Payments For Repurchase Of Common Stock
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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NetCashProvidedByUsedInFinancingActivities
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NetCashProvidedByUsedInFinancingActivities
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193243000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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109019000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1738000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
239392000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130373000 USD
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128635000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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432635000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
239392000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130373000 USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
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IncomeTaxesPaid
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IncomeTaxesPaid
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CY2021 us-gaap Nature Of Operations
NatureOfOperations
<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.707%"><tr><td style="width:1.0%"/><td style="width:3.738%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:94.062%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">1.</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Nature of the Business</span></td></tr></table>iRobot Corporation ("iRobot" or the "Company") designs and builds robots that empower people to do more. iRobot's consumer robots help people find smarter ways to clean and accomplish more in their daily lives. The Company's portfolio of floor cleaning robots features proprietary technologies for the connected home and advanced concepts in cleaning, mapping and navigation, human-robot interaction and physical solutions. Leveraging this portfolio, our engineers are building an ecosystem of robots to help realize the smart home's potential. The Company’s revenue is primarily generated from product sales through a variety of distribution channels, including chain stores and other national retailers, through the Company's own website and app, dedicated e-commerce websites, the online arms of traditional retailers and through value-added distributors and resellers worldwide.
CY2021 us-gaap Fiscal Period
FiscalPeriod
The Company operates and reports using a 52-53 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. The fiscal year ended January 2, 2021 ("fiscal 2020") was a 53-week fiscal year. The fiscal years ended December 28, 2019 ("fiscal 2019") and December 29, 2018 ("fiscal 2018") were 52-week fiscal years.
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:5pt;text-indent:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of these financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and revenue and expenses. These estimates and judgments, include but are not limited to, revenue recognition, including performance obligations, variable consideration and other obligations such as product returns and incentives; allowance for credit losses; product warranties; valuation of goodwill and acquired intangible assets; valuation of non-marketable equity investments; evaluating loss contingencies; accounting for stock-based compensation including performance-based assessments; and accounting for income taxes and related valuation allowances. The Company bases these estimates and judgments on historical experience, market participant fair value considerations, projected future cash flows and various other factors that the Company believes are reasonable under the circumstances. Actual results may differ from the Company’s estimates.</span></div>As of January 2, 2021, the impact of the COVID-19 pandemic remains dynamic and the nature and extent of its full impact will depend on several factors, including but not limited to, the duration and severity of the pandemic, advances in treatment and prevention, as well as the macroeconomic impact resulting from global responses to slow the spread. As a result, certain of our estimates and assumptions, including the allowance for credit losses and the valuation of non-marketable equity securities, including our impairment assessment, require increased judgment and carry a higher degree of variability and volatility that could result in material changes to our estimates in future periods.
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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239400000 USD
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ShortTermInvestmentsCost
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CY2021Q1 us-gaap Short Term Investments
ShortTermInvestments
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ShortTermInvestmentsCost
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ShortTermInvestments
17032000 USD
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57000000.0 USD
CY2021 irbt Recovery Of Import Duties
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CY2021Q1 us-gaap Receivable For Recovery Of Import Duties Net
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CY2021Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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200000 shares
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CY2021 us-gaap Marketable Securities Unrealized Gain Loss
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CY2021 us-gaap Advertising Expense
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CY2021 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:5pt;text-indent:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk and Significant Customers</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments which potentially expose the Company to concentrations of credit risk consist of accounts receivable and cash and cash equivalents. Management believes its credit policies are prudent and reflect normal industry terms and business risk. At January 2, 2021, one customer accounted for 17.6% of the Company's accounts receivable balance. At December 28, 2019, two customers accounted for a total of 26.6% of the Company's accounts receivable balance. For the fiscal years ended January 2, 2021, December 28, 2019, and December 29, 2018, there was one customer that accounted for 10% or more of total revenue, representing 22.7%, 21.3% and 17.3%, of the Company's total revenue, respectively.</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company maintains its cash in bank deposit accounts and money market funds at high quality financial institutions. The individual balances, at times, may exceed federally insured limits. These deposits may be redeemed upon demand, and management believes that the financial institutions that hold the Company’s cash and cash equivalents are financially sound and, accordingly, minimal credit risk exists with respect to cash and cash equivalents.</span></div>
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87992000 USD
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WeightedAverageNumberOfSharesOutstandingBasic
28097000 shares
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WeightedAverageNumberOfSharesOutstandingBasic
27692000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
517000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
638000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
948000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28618000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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28735000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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28640000 shares
CY2021 us-gaap Earnings Per Share Basic
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5.23
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3.04
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EarningsPerShareBasic
3.18
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.14
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EarningsPerShareDiluted
2.97
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3.07
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200000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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200000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0.0 shares
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
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11500000 USD
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4000000.0 USD
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CY2019Q4 us-gaap Contract With Customer Liability
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6991000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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5500000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
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160012000 USD
CY2021Q1 irbt Refundliabilityproductreturns
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64300000 USD
CY2021Q1 irbt Refundliabilityothercreditsandincentives
Refundliabilityothercreditsandincentives
142200000 USD
CY2019Q4 irbt Refundliabilityproductreturns
Refundliabilityproductreturns
55200000 USD
CY2019Q4 irbt Refundliabilityothercreditsandincentives
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134000000.0 USD
CY2021 us-gaap Revenues
Revenues
1430390000 USD
CY2019 us-gaap Revenues
Revenues
1214010000 USD
CY2018 us-gaap Revenues
Revenues
1092584000 USD
CY2021Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
170526000 USD
CY2021Q1 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
170526000 USD
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
146161000 USD
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
146161000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
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5800000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0356
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P8Y3M18D
CY2021 us-gaap Operating Lease Cost
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9363000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
8777000 USD
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
3583000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
4096000 USD
CY2021 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12946000 USD
CY2019 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12873000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
9862000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
9540000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
50485000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8633000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2310000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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53227000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8226000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7647000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
6590000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6612000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
28539000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
66247000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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9447000 USD
CY2021Q1 us-gaap Operating Lease Liability
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56800000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
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6315000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6315000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
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6800000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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75988000 USD
CY2021Q1 us-gaap Capitalized Computer Software Net
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6500000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
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156766000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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83428000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
80778000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
76584000 USD
CY2021 us-gaap Depreciation
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31900000 USD
CY2019 us-gaap Depreciation
Depreciation
24400000 USD
CY2018 us-gaap Depreciation
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17000000.0 USD
CY2021 us-gaap Capitalized Computer Software Amortization1
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2100000 USD
CY2019 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1500000 USD
CY2018 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1200000 USD
CY2018Q4 us-gaap Goodwill
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118896000 USD
CY2019 us-gaap Goodwill Acquired During Period
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2050000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2214000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
118732000 USD
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
7140000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
125872000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
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74526000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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64624000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
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9902000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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71231000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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58879000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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12352000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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2900000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12800000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19600000 USD
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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1723000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1498000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
823000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
823000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
823000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
4212000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9902000 USD
CY2021Q1 us-gaap Accrued Bonuses Current
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31523000 USD
CY2019Q4 us-gaap Accrued Bonuses Current
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12541000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
24392000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
13856000 USD
CY2021Q1 irbt Accrued Manufacturing And Logistics Costs
AccruedManufacturingAndLogisticsCosts
20093000 USD
CY2019Q4 irbt Accrued Manufacturing And Logistics Costs
AccruedManufacturingAndLogisticsCosts
14383000 USD
CY2021Q1 us-gaap Other Employee Related Liabilities Current
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17635000 USD
CY2019Q4 us-gaap Other Employee Related Liabilities Current
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13331000 USD
CY2021Q1 irbt Accrued Sales Tax
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15480000 USD
CY2019Q4 irbt Accrued Sales Tax
AccruedSalesTax
12440000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
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6315000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6315000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6843000 USD
CY2021Q1 us-gaap Accrued Income Taxes Current
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3806000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
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3378000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
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12144000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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4996000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
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131388000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
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81768000 USD
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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75000000.0 USD
CY2021Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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150000000.0 USD
CY2021Q1 irbt Interest Rate Above Libor Under Condition One
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0.010
CY2021Q1 irbt Interest Rate Abovethe Federal Fund Rate Under Condition Two
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0.005
CY2021Q1 irbt Interest Rate Abovethe Eurodollar Rate Under Condition Two
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0.010
CY2021Q1 irbt Letterofcreditfacilitymaximumborrowing
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5000000.0 USD
CY2021Q1 us-gaap Letters Of Credit Outstanding Amount
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700000 USD
CY2021Q1 irbt Lineofcreditmaximumamount
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220000000.0 JPY
CY2021 us-gaap Revenues
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1430390000 USD
CY2019 us-gaap Revenues
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1214010000 USD
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain
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1000000.0 USD
CY2019Q4 us-gaap Preferred Stock Shares Authorized
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5000000 shares
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q1 irbt Common Stock Number Of Votes Per Share
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1 vote
CY2018Q1 us-gaap Stock Repurchase Program Authorized Amount1
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200000000.0 USD
CY2020Q2 us-gaap Stock Repurchase Program Authorized Amount1
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25000000.0 USD
CY2020Q2 us-gaap Stock Repurchased And Retired During Period Shares
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663602 shares
CY2020Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
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37.65
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25000000.0 USD
CY2021Q1 irbt Sharebased Compensation Arrangement By Sharebased Payment Award Number Of Plans
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3 plan
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1750000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2495000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
745000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1562092 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
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30000000.0 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25800000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.55
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
127024 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
32.95
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29975000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
23744000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
25804000 USD
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
712954 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.34
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
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239830 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
33.40
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10863 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
46.20
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
462261 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1938 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
45.89
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
10210000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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232116 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
12329 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
37.03
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
322908 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.08
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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0 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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88292 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
31.40
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
232678 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
36.39
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
10210000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
232678 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
36.39
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P1Y9M
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
36.34
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y9M
CY2021Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
10200000 USD
CY2021Q1 us-gaap Share Price
SharePrice
80.29
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2600000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8900000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
14900000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
10000.00 USD
CY2021Q1 us-gaap Share Price
SharePrice
80.29
CY2021Q1 us-gaap Share Price
SharePrice
80.29
CY2017Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.15
CY2017Q2 irbt Sharebased Compensation Arrangementby Sharebased Payment Award Maximum Amount
SharebasedCompensationArrangementbySharebasedPaymentAwardMaximumAmount
4000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
1000 shares
CY2021Q1 us-gaap Contractual Obligation
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341900000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13856000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11964000 USD
CY2017Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11264000 USD
CY2021 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
28884000 USD
CY2019 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
14091000 USD
CY2018 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
10798000 USD
CY2021 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
18348000 USD
CY2019 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
12199000 USD
CY2018 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
10098000 USD
CY2021Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
24392000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
13856000 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
11964000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3000000.0 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2900000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2800000 USD
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.03
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
166973000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
84225000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
113078000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
20942000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
14608000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-4456000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
187915000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
98833000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
108622000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13593000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13366000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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