2014 Q1 Form 10-Q Financial Statement
#000085565814000092 Filed on May 07, 2014
Income Statement
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| Revenue | $96.64M | $71.16M |
| YoY Change | 35.81% | -0.76% |
| Cost Of Revenue | $42.50M | $33.00M |
| YoY Change | 28.77% | 2.45% |
| Gross Profit | $54.14M | $38.16M |
| YoY Change | 41.89% | -3.37% |
| Gross Profit Margin | 56.02% | 53.62% |
| Selling, General & Admin | $18.75M | $16.50M |
| YoY Change | 13.64% | -7.95% |
| % of Gross Profit | 34.63% | 43.24% |
| Research & Development | $21.24M | $18.11M |
| YoY Change | 17.25% | -5.39% |
| % of Gross Profit | 39.23% | 47.47% |
| Depreciation & Amortization | $5.860M | $5.066M |
| YoY Change | 15.67% | 0.78% |
| % of Gross Profit | 10.82% | 13.28% |
| Operating Expenses | $39.99M | $34.61M |
| YoY Change | 15.53% | -6.63% |
| Operating Profit | $13.40M | $2.641M |
| YoY Change | 407.46% | 1626.14% |
| Interest Expense | $48.00K | |
| YoY Change | ||
| % of Operating Profit | 0.36% | |
| Other Income/Expense, Net | $357.0K | -$52.00K |
| YoY Change | -786.54% | -181.25% |
| Pretax Income | $13.71M | $2.589M |
| YoY Change | 429.59% | 1093.09% |
| Income Tax | $1.727M | $699.0K |
| % Of Pretax Income | 12.6% | 27.0% |
| Net Earnings | $11.98M | $1.890M |
| YoY Change | 534.07% | -124.5% |
| Net Earnings / Revenue | 12.4% | 2.66% |
| Basic Earnings Per Share | $0.10 | $0.02 |
| Diluted Earnings Per Share | $0.10 | $0.02 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 116.4M shares | 115.4M shares |
| Diluted Shares Outstanding | 118.9M shares | 116.7M shares |
Balance Sheet
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $219.5M | $179.0M |
| YoY Change | 22.63% | -8.77% |
| Cash & Equivalents | $112.2M | $105.5M |
| Short-Term Investments | $107.3M | $73.60M |
| Other Short-Term Assets | $12.90M | $14.00M |
| YoY Change | -7.86% | -29.65% |
| Inventory | $58.18M | $43.76M |
| Prepaid Expenses | ||
| Receivables | $66.67M | $55.98M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $357.3M | $292.8M |
| YoY Change | 22.03% | -4.23% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $41.43M | $40.60M |
| YoY Change | 2.06% | -0.31% |
| Goodwill | $44.81M | $44.81M |
| YoY Change | 0.0% | 0.0% |
| Intangibles | $11.75M | $14.69M |
| YoY Change | -20.06% | -16.71% |
| Long-Term Investments | $5.200M | $4.700M |
| YoY Change | 10.64% | -31.88% |
| Other Assets | $5.336M | $8.795M |
| YoY Change | -39.33% | -11.37% |
| Total Long-Term Assets | $119.2M | $142.2M |
| YoY Change | -16.18% | -10.14% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $357.3M | $292.8M |
| Total Long-Term Assets | $119.2M | $142.2M |
| Total Assets | $476.5M | $435.0M |
| YoY Change | 9.54% | -6.24% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $42.50M | $37.10M |
| YoY Change | 14.56% | 11.75% |
| Accrued Expenses | $9.100M | $8.100M |
| YoY Change | 12.35% | 9.46% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $68.52M | $56.91M |
| YoY Change | 20.4% | 4.28% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $3.264M | $18.10M |
| YoY Change | -81.97% | -15.06% |
| Total Long-Term Liabilities | $3.264M | $18.10M |
| YoY Change | -81.97% | -15.06% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $68.52M | $56.91M |
| Total Long-Term Liabilities | $3.264M | $18.10M |
| Total Liabilities | $71.79M | $75.01M |
| YoY Change | -4.3% | -1.15% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$230.2M | -$262.6M |
| YoY Change | -12.34% | 8.24% |
| Common Stock | $634.2M | $622.0M |
| YoY Change | 1.96% | -1.24% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $404.7M | $360.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $476.5M | $435.0M |
| YoY Change | 9.54% | -6.24% |
Cashflow Statement
| Concept | 2014 Q1 | 2013 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $11.98M | $1.890M |
| YoY Change | 534.07% | -124.5% |
| Depreciation, Depletion And Amortization | $5.860M | $5.066M |
| YoY Change | 15.67% | 0.78% |
| Cash From Operating Activities | $2.900M | $4.227M |
| YoY Change | -31.39% | -142.51% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $2.395M | $3.054M |
| YoY Change | -21.58% | -11.27% |
| Acquisitions | $0.00 | |
| YoY Change | ||
| Other Investing Activities | $798.0K | $4.194M |
| YoY Change | -80.97% | 287.62% |
| Cash From Investing Activities | -$9.093M | -$16.01M |
| YoY Change | -43.2% | -458.12% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | -$5.774M | $987.0K |
| YoY Change | -685.01% | -205.79% |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | $4.225M | -$1.096M |
| YoY Change | -485.49% | -296.77% |
| NET CHANGE | ||
| Cash From Operating Activities | $2.900M | $4.227M |
| Cash From Investing Activities | -$9.093M | -$16.01M |
| Cash From Financing Activities | $4.225M | -$1.096M |
| Net Change In Cash | -$1.968M | -$12.88M |
| YoY Change | -84.72% | 161.94% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $2.900M | $4.227M |
| Capital Expenditures | $2.395M | $3.054M |
| Free Cash Flow | $505.0K | $1.173M |
| YoY Change | -56.95% | -108.76% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
37454000 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
50085000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-145000 | USD |
| CY2014Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-381000 | USD |
| CY2014Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
42480000 | USD |
| CY2014Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
66674000 | USD |
| CY2014Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
634160000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
112166000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
118536000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
105494000 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
626861000 | USD |
| CY2014Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3090000 | USD |
| CY2014Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3090000 | USD |
| CY2013Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1912000 | USD |
| CY2014Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
900000 | USD |
| CY2013Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
900000 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
700000 | USD |
| CY2014Q1 | us-gaap |
Assets
Assets
|
476529000 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
447876000 | USD |
| CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
357314000 | USD |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
325801000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
112590000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
106746000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
107349000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities Current
AvailableForSaleSecuritiesCurrent
|
101505000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
|
5241000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
|
5241000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
|
5241000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Noncurrent
AvailableForSaleSecuritiesNoncurrent
|
5241000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
114310000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-13042000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2144000 | USD |
| CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
| CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
117332000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
115671000 | shares |
| CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
117332000 | shares |
| CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
13659000 | USD |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.10 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.10 | |
| CY2013Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-165000 | USD |
| CY2014Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-176000 | USD |
| CY2014Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
9062000 | USD |
| CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
115671000 | shares |
| CY2014Q1 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
1173000 | USD |
| CY2013Q4 | us-gaap |
Common Stock Value Outstanding
CommonStockValueOutstanding
|
1157000 | USD |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1650000 | USD |
| CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
11748000 | USD |
| CY2014Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration Risk</font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Potential exposure to concentration risk consists primarily of cash and cash equivalents, marketable securities, trade receivables and supply of wafers for our new products. We place our investments primarily through three financial institutions and mitigate the concentration of credit risk by limiting the maximum portion of the investment portfolio which may be invested in any one instrument. The Company's investment policy defines approved credit ratings for investment securities. Investments on-hand consisted primarily of money market instruments, “AA” or better corporate notes and bonds and commercial paper, and U.S. government agency obligations. See Note 4 for a discussion of the liquidity attributes of our marketable securities.</font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentration of credit risk with respect to trade receivables is mitigated by a diverse customer base and our credit and collection process. Accounts receivable do not bear interest, and are shown net of allowances for doubtful accounts of </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.9 million</font><font style="font-family:inherit;font-size:10pt;"> at </font><font style="font-family:inherit;font-size:10pt;">March 29, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 28, 2013</font><font style="font-family:inherit;font-size:10pt;">, respectively. We perform credit evaluations for essentially all customers and secure transactions with letters of credit or advance payments where appropriate. We regularly review our allowance for doubtful accounts and the aging of our accounts receivable. Write-offs for uncollected trade receivables have not been significant to date. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We rely on a limited number of foundries for our wafer purchases including: Fujitsu Limited, Seiko Epson Corporation, Taiwan Semiconductor Manufacturing Company, Ltd, United Microelectronics Corporation, and GLOBALFOUNDRIES.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> | |
| CY2013Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
33003000 | USD |
| CY2014Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
42499000 | USD |
| CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
68517000 | USD |
| CY2014Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
83235000 | USD |
| CY2013Q4 | us-gaap |
Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
|
7495000 | USD |
| CY2014Q1 | us-gaap |
Deferred Revenue And Credits Current
DeferredRevenueAndCreditsCurrent
|
16980000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
11703000 | USD |
| CY2014Q1 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
10651000 | USD |
| CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5860000 | USD |
| CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5066000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
1500000 | USD |
| CY2014Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2200000 | USD |
| CY2014Q1 | us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We report based on 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;"> or </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 </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">December 31</font><font style="font-family:inherit;font-size:10pt;">. Our </font><font style="font-family:inherit;font-size:10pt;">first</font><font style="font-family:inherit;font-size:10pt;"> quarter of fiscal </font><font style="font-family:inherit;font-size:10pt;">2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">first</font><font style="font-family:inherit;font-size:10pt;"> quarter of fiscal </font><font style="font-family:inherit;font-size:10pt;">2013</font><font style="font-family:inherit;font-size:10pt;"> ended on </font><font style="font-family:inherit;font-size:10pt;">March 29, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">March 30, 2013</font><font style="font-family:inherit;font-size:10pt;">, respectively. All references to quarterly, </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended financial results are references to the results for the relevant fiscal period.</font></div></div> | |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4227000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2900000 | USD |
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
44808000 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
100000 | USD |
| CY2014Q1 | us-gaap |
Goodwill
Goodwill
|
44808000 | USD |
| CY2014Q1 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | USD |
| CY2013Q1 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
2589000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
13711000 | USD |
| CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
699000 | USD |
| CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1727000 | USD |
| CY2014Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
380000 | USD |
| CY2013Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
852000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
5347000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
872000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
16589000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
9037000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-1275000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
|
-367000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
1103000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
9485000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-4597000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
1976000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
11958000 | USD |
| CY2014Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
11747000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-439000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
361000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
997000 | USD |
| CY2014Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
13413000 | USD |
| CY2014Q1 | us-gaap |
Inventory Net
InventoryNet
|
58180000 | USD |
| CY2014Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
44767000 | USD |
| CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
71786000 | USD |
| CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
476529000 | USD |
| CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
68522000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4225000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1096000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9093000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16008000 | USD |
| CY2014Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
3264000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-51000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-51000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-148000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
21890000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11984000 | USD |
| CY2014Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
| CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
13402000 | USD |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2641000 | USD |
| CY2014Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
5336000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-60000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
-75000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-176000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-165000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-73000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
9000 | USD |
| CY2014Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
309000 | USD |
| CY2013Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-52000 | USD |
| CY2013Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
4194000 | USD |
| CY2014Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
798000 | USD |
| CY2014Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
| CY2013Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2452000 | USD |
| CY2014Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
290000 | USD |
| CY2013Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
2134000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
30650000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
19050000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3054000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2395000 | USD |
| CY2014Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2014Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2013Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2014Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2014Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2014Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
12945000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1465000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5774000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
13150000 | USD |
| CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
41432000 | USD |
| CY2014Q1 | us-gaap |
Redemption Premium
RedemptionPremium
|
9000 | USD |
| CY2014Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
21239000 | USD |
| CY2013Q1 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
18114000 | USD |
| CY2014Q1 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
11000 | USD |
| CY2014Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
9000 | USD |
| CY2013Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
153000 | USD |
| CY2013Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
532000 | USD |
| CY2013Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
1443000 | USD |
| CY2012Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
3424000 | USD |
| CY2014Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
253000 | USD |
| CY2014Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
2000 | USD |
| CY2013Q1 | us-gaap |
Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
|
0 | USD |
| CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-230209000 | USD |
| CY2014Q1 | us-gaap |
Revenues
Revenues
|
96637000 | USD |
| CY2013Q1 | us-gaap |
Revenues
Revenues
|
71158000 | USD |
| CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
96637000 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1912000 | USD |
| CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3090000 | USD |
| CY2014Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
4225000 | USD |
| CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
404743000 | USD |
| CY2014Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
18749000 | USD |
| CY2013Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
16498000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares |
| CY2014Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts and classification of assets, such as marketable securities, accounts receivable, inventory, auction rate securities, goodwill (including the assessment of reporting unit), intangible assets, current and deferred income taxes, accrued liabilities (including restructuring charges and bonus arrangements), deferred income and allowances on sales to sell-through distributors, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the fiscal periods presented. Actual results could differ from those estimates.</font></div></div> | |
| CY2014Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2481000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1323000 | shares |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
118917000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
116714000 | shares |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
116436000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115391000 | shares |
| CY2013Q1 | lscc |
Accrued Purchasesof Plantand Equipment
AccruedPurchasesofPlantandEquipment
|
0 | USD |
| CY2014Q1 | lscc |
Accrued Purchasesof Plantand Equipment
AccruedPurchasesofPlantandEquipment
|
-68000 | USD |
| CY2014Q1 | lscc |
Available For Sale Securities Debt Maturities Of Less Than Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesOfLessThanFiveYearsFairValue
|
107349000 | USD |
| CY2013Q4 | lscc |
Available For Sale Securities Debt Maturities Of Less Than Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesOfLessThanFiveYearsFairValue
|
101505000 | USD |
| CY2013Q1 | lscc |
Business Acquisition Acquisition Related Costs
BusinessAcquisitionAcquisitionRelatedCosts
|
749000 | USD |
| CY2014Q1 | lscc |
Business Acquisition Acquisition Related Costs
BusinessAcquisitionAcquisitionRelatedCosts
|
737000 | USD |
| CY2014Q1 | lscc |
Deferred Income And Allowances On Sales To Sell Through Distributors Allowance For Distributor Advances
DeferredIncomeAndAllowancesOnSalesToSellThroughDistributorsAllowanceForDistributorAdvances
|
22900000 | USD |
| CY2014Q1 | lscc |
Deferred Income And Allowances On Sales To Sell Through Distributors Deferred Cost Of Sales On Inventory Held By Sell Through Distributors
DeferredIncomeAndAllowancesOnSalesToSellThroughDistributorsDeferredCostOfSalesOnInventoryHeldBySellThroughDistributors
|
5495000 | USD |
| CY2014Q1 | lscc |
Deferred Income And Allowances On Sales To Sell Through Distributors Inventory Valued At Published List Price And Held By Sell Through Distributors With Right Of Return
DeferredIncomeAndAllowancesOnSalesToSellThroughDistributorsInventoryValuedAtPublishedListPriceAndHeldBySellThroughDistributorsWithRightOfReturn
|
45375000 | USD |
| CY2013Q1 | lscc |
Distribution Of Deferred Compensation From Trust Assets
DistributionOfDeferredCompensationFromTrustAssets
|
18000 | USD |
| CY2014Q1 | lscc |
Distribution Of Deferred Compensation From Trust Assets
DistributionOfDeferredCompensationFromTrustAssets
|
72000 | USD |
| CY2013Q1 | lscc |
Entity Wide Revenue By Geographic Area Percentage
EntityWideRevenueByGeographicAreaPercentage
|
1 | |
| CY2014Q1 | lscc |
Entity Wide Revenue By Geographic Area Percentage
EntityWideRevenueByGeographicAreaPercentage
|
1 | |
| CY2014Q1 | lscc |
Increasein Fixed Assets Relatedto Asset Retirement Obligation
IncreaseinFixedAssetsRelatedtoAssetRetirementObligation
|
249000 | USD |
| CY2013Q1 | lscc |
Increasein Fixed Assets Relatedto Asset Retirement Obligation
IncreaseinFixedAssetsRelatedtoAssetRetirementObligation
|
0 | USD |
| CY2013Q1 | lscc |
Net Share Settlement Upon Issuance Of Restricted Stock Units
NetShareSettlementUponIssuanceOfRestrictedStockUnits
|
109000 | USD |
| CY2014Q1 | lscc |
Net Share Settlement Upon Issuance Of Restricted Stock Units
NetShareSettlementUponIssuanceOfRestrictedStockUnits
|
1549000 | USD |
| CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--01-03 | |
| 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
|
0000855658 | |
| CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
LATTICE SEMICONDUCTOR CORP |
