$MX
MAGNACHIP SEMICONDUCTOR Corp

2017 Q1 Form 10-Q Financial Statement

#000119312517164171 Filed on May 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $161.7M $148.1M
YoY Change 9.19% -10.18%
Cost Of Revenue $120.1M $113.9M
YoY Change 5.52% -12.36%
Gross Profit $41.57M $34.25M
YoY Change 21.38% -2.08%
Gross Profit Margin 25.71% 23.12%
Selling, General & Admin $23.15M $19.95M
YoY Change 16.02% -20.29%
% of Gross Profit 55.68% 58.26%
Research & Development $17.96M $17.82M
YoY Change 0.8% -19.61%
% of Gross Profit 43.2% 52.02%
Depreciation & Amortization $6.758M $6.024M
YoY Change 12.18% -12.31%
% of Gross Profit 16.26% 17.59%
Operating Expenses $35.20M $29.98M
YoY Change 17.41% -36.47%
Operating Profit $6.367M $4.267M
YoY Change 49.21% -134.94%
Interest Expense -$5.173M -$4.057M
YoY Change 27.51% -1.65%
% of Operating Profit -81.25% -95.08%
Other Income/Expense, Net $1.611M $535.0K
YoY Change 201.12% -13.43%
Pretax Income $44.59M $8.940M
YoY Change 398.78% -147.31%
Income Tax $853.0K $815.0K
% Of Pretax Income 1.91% 9.12%
Net Earnings $43.74M $8.125M
YoY Change 438.31% -140.57%
Net Earnings / Revenue 27.05% 5.49%
Basic Earnings Per Share $1.30 $0.23
Diluted Earnings Per Share $1.05 $0.23
COMMON SHARES
Basic Shares Outstanding 33.66M 34.70M shares
Diluted Shares Outstanding 42.89M 34.92M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $132.6M $73.50M
YoY Change 80.41% -19.58%
Cash & Equivalents $132.6M $73.53M
Short-Term Investments
Other Short-Term Assets $5.282M $3.067M
YoY Change 72.22% -57.54%
Inventory $60.97M $71.00M
Prepaid Expenses $12.49M $10.32M
Receivables $81.70M $55.16M
Other Receivables $6.639M $2.756M
Total Short-Term Assets $305.1M $247.4M
YoY Change 23.32% -5.49%
LONG-TERM ASSETS
Property, Plant & Equipment $190.7M $190.6M
YoY Change 0.08% -11.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.213M $6.649M
YoY Change -21.6% -54.3%
Total Long-Term Assets $209.6M $211.4M
YoY Change -0.85% -13.24%
TOTAL ASSETS
Total Short-Term Assets $305.1M $247.4M
Total Long-Term Assets $209.6M $211.4M
Total Assets $514.7M $458.8M
YoY Change 12.18% -9.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.80M $60.10M
YoY Change -7.15% -18.58%
Accrued Expenses $55.69M $74.47M
YoY Change -25.22% -0.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $134.1M $147.2M
YoY Change -8.91% -8.71%
LONG-TERM LIABILITIES
Long-Term Debt $301.9M $220.5M
YoY Change 36.87% -1.57%
Other Long-Term Liabilities $149.4M $150.8M
YoY Change -0.93% 1212.56%
Total Long-Term Liabilities $301.9M $220.5M
YoY Change 36.87% -6.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.1M $147.2M
Total Long-Term Liabilities $301.9M $220.5M
Total Liabilities $585.3M $518.5M
YoY Change 12.89% -4.21%
SHAREHOLDERS EQUITY
Retained Earnings -$82.09M -$88.09M
YoY Change -6.81% 180.78%
Common Stock $133.1M $125.6M
YoY Change 6.02% 5.51%
Preferred Stock
YoY Change
Treasury Stock (at cost) $102.3M $90.92M
YoY Change 12.54% 0.0%
Treasury Stock Shares 8.374M shares 6.579M shares
Shareholders Equity -$70.58M -$59.62M
YoY Change
Total Liabilities & Shareholders Equity $514.7M $458.8M
YoY Change 12.18% -9.23%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $43.74M $8.125M
YoY Change 438.31% -140.57%
Depreciation, Depletion And Amortization $6.758M $6.024M
YoY Change 12.18% -12.31%
Cash From Operating Activities -$38.70M -$18.20M
YoY Change 112.64% 109.2%
INVESTING ACTIVITIES
Capital Expenditures $5.368M $4.288M
YoY Change 25.19% 669.84%
Acquisitions
YoY Change
Other Investing Activities -$20.00K -$10.00K
YoY Change 100.0% -33.33%
Cash From Investing Activities -$7.000M -$200.0K
YoY Change 3400.0% -80.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.40M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 70.60M 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -38.70M -18.20M
Cash From Investing Activities -7.000M -200.0K
Cash From Financing Activities 70.60M 0.000
Net Change In Cash 31.02M -18.40M
YoY Change -268.59% 89.69%
FREE CASH FLOW
Cash From Operating Activities -$38.70M -$18.20M
Capital Expenditures $5.368M $4.288M
Free Cash Flow -$44.07M -$22.49M
YoY Change 95.96% 142.93%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33886153 shares
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73527000
CY2016Q1 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
139103000
CY2016Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
17246000
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
-59624000
CY2016Q1 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
138100000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
1570000
CY2017Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
25407000
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
22027000
CY2017Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
57149000
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
1116.1
CY2017Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
201728000
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33553688 shares
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
2107000
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
41927897 shares
CY2017Q1 us-gaap Assets
Assets
514731000
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1376000
CY2017Q1 us-gaap Assets Current
AssetsCurrent
305109000
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
723000
CY2017Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
9463000
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2017Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
132705000
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
0
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132627000
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
2030000
CY2017Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
81700000
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
419000
CY2017Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
55814000
CY2017Q1 us-gaap Defined Benefit Plan Expected Future Benefit Payments Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureBenefitPaymentsRemainderOfFiscalYear
0
CY2017Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
11924000
CY2017Q1 us-gaap Deposit Liability Current
DepositLiabilityCurrent
271000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-20864000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-19294000
CY2017Q1 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
188000
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
55688000
CY2017Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
8663000
CY2017Q1 us-gaap Other Inventory In Transit
OtherInventoryInTransit
752000
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
301875000
CY2017Q1 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
10115000
CY2017Q1 us-gaap Hedging Assets Current
HedgingAssetsCurrent
5400000
CY2017Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
53742000
CY2017Q1 us-gaap Other Assets Current
OtherAssetsCurrent
5282000
CY2017Q1 us-gaap Inventory Net
InventoryNet
60969000
CY2017Q1 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
9430000
CY2017Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
894000
CY2017Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
6639000
CY2017Q1 us-gaap Liabilities
Liabilities
585307000
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
514731000
CY2017Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3407000
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
134054000
CY2017Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
12492000
CY2017Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5696000
CY2017Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
9870000
CY2017Q1 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
140878000
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5213000
CY2017Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
49650000
CY2017Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7966000
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
190699000
CY2017Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
376981000
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
-70576000
CY2017Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
15655000
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-82087000
CY2017Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
8374209 shares
CY2017Q1 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
139948000
CY2017Q1 us-gaap Treasury Stock Value
TreasuryStockValue
102319000
CY2017Q1 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
388000
CY2017Q1 us-gaap Interest Payable Current
InterestPayableCurrent
3463000
CY2017Q1 mx Employees Eligible For Severance Benefits Percentage
EmployeesEligibleForSeveranceBenefitsPercentage
0.98 pure
CY2017Q1 mx Accrued Outside Service Fees Current
AccruedOutsideServiceFeesCurrent
5079000
CY2017Q1 mx Intercompany Loan
IntercompanyLoan
663308000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
90882000
CY2015Q4 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
135160000
CY2015Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
16033000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-62330000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-436000
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
24982000
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
52641000
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Foreign Currency Exchange Rate Translation1
ForeignCurrencyExchangeRateTranslation1
1208.5
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
184521000
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35048338 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
41627103 shares
CY2016Q4 us-gaap Assets
Assets
441952000
CY2016Q4 us-gaap Assets Current
AssetsCurrent
242693000
CY2016Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
12272000
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
130189000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83355000
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
61775000
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
416000
CY2016Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
51509000
CY2016Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
11092000
CY2016Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
16549000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
14460000
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
14024000
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
193000
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
60365000
CY2016Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7846000
CY2016Q4 us-gaap Other Inventory In Transit
OtherInventoryInTransit
1859000
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
221082000
CY2016Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
9556000
CY2016Q4 us-gaap Hedging Assets Current
HedgingAssetsCurrent
3150000
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
49556000
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
5113000
CY2016Q4 us-gaap Inventory Net
InventoryNet
57048000
CY2016Q4 us-gaap Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
10318000
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1654000
CY2016Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
5864000
CY2016Q4 us-gaap Liabilities
Liabilities
514066000
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
441952000
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3085000
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
153441000
CY2017Q1 dei Document Period End Date
DocumentPeriodEndDate
2017-03-31
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
49272000
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
8137000
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
8313000
CY2016Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
7867000
CY2016Q4 us-gaap Postemployment Benefits Liability Current And Noncurrent
PostemploymentBenefitsLiabilityCurrentAndNoncurrent
130144000
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6632000
CY2016Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
46653000
CY2016Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
7177000
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
179793000
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
350049000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
-72114000
CY2016Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
15573000
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-125825000
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
6578765 shares
CY2016Q4 us-gaap Supplemental Unemployment Benefits Severance Benefits
SupplementalUnemploymentBenefitsSeveranceBenefits
129225000
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
90918000
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
18251000
CY2016Q4 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
243000
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
6831000
CY2016Q4 mx Accrued Outside Service Fees Current
AccruedOutsideServiceFeesCurrent
4423000
CY2017Q1 dei Entity Registrant Name
EntityRegistrantName
MAGNACHIP SEMICONDUCTOR Corp
CY2017Q1 dei Document Type
DocumentType
10-Q
CY2017Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001325702
CY2017Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
446000
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
830000
CY2017Q1 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimate Of Time To Transfer1
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimateOfTimeToTransfer1
P12M
CY2017Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1643000
CY2017Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017Q1 dei Amendment Flag
AmendmentFlag
false
CY2017Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2017Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
4899000
CY2017Q1 us-gaap Depreciation
Depreciation
6616000
CY2017Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6758000
CY2017Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10420000
CY2017Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2017Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
142000
CY2017Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
41786000
CY2017Q1 us-gaap Cost Of Revenue
CostOfRevenue
120140000
CY2017Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-5173000
CY2017Q1 us-gaap Revenues
Revenues
161710000
CY2017Q1 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-3499000
CY2017Q1 us-gaap Interest Paid
InterestPaid
7980000
CY2017Q1 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
86250000
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-20000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2503000
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1611000
CY2017Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-7128000
CY2017Q1 us-gaap Gross Profit
GrossProfit
41570000
CY2017Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1155000
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-33318000
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
35203000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
43738000
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
497000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
44591000
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
10608000
CY2017Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
5902000
CY2017Q1 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
7386000
CY2017Q1 us-gaap Inventory Write Down
InventoryWriteDown
175000
CY2017Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15734000
CY2017Q1 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
-7524000
CY2017Q1 us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
2164000
CY2017Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-212000
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11401000
CY2017Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1814000
CY2017Q1 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
1147000
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44885000
CY2017Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
17010000
CY2017Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1077000
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
638994 shares
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6367000
CY2017Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-62000
CY2017Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
216000
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
70636000
CY2017Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
708000
CY2017Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-73000
CY2017Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-35324000
CY2017Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
8590753 shares
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
853000
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-36871000
CY2017Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1185000
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5368000
CY2017Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-1467000
CY2017Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
18206000
CY2017Q1 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
1570000
CY2017Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11401000
CY2017Q1 us-gaap Severance Costs1
SeveranceCosts1
11107000
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42892044 shares
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
23148000
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1689000
CY2017Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1795444 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33662297 shares
CY2017Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1689000
CY2017Q1 dei Trading Symbol
TradingSymbol
MX
CY2017Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17958000
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
830000
CY2017Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
116000
CY2017Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 Segments
CY2017Q1 us-gaap Payments For Hedge Investing Activities
PaymentsForHedgeInvestingActivities
4452000
CY2017Q1 mx Proceeds From Guarantee Deposits
ProceedsFromGuaranteeDeposits
295000
CY2017Q1 mx Group Severance Insurance Plan
GroupSeveranceInsurancePlan
660000
CY2017Q1 mx Inventory Valuation Reserves Changes
InventoryValuationReservesChanges
364000
CY2017Q1 mx Inventory Valuation Reserves Foreign Currency Translation Adjustments
InventoryValuationReservesForeignCurrencyTranslationAdjustments
600000
CY2017Q1 mx Payments For Guarantee Deposits
PaymentsForGuaranteeDeposits
41000
CY2017Q1 mx Issuance Of Inter Company Loans
IssuanceOfInterCompanyLoans
75000000
CY2017Q1 mx Foreign Currency Transaction Gain Loss Before Tax Including Intercompany Balances
ForeignCurrencyTransactionGainLossBeforeTaxIncludingIntercompanyBalances
49059000
CY2017Q1 mx Postemployment Benefits Translation Adjustment
PostemploymentBenefitsTranslationAdjustment
10872000
CY2016Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents Continuing Operations
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
988000
CY2016Q1 us-gaap Depreciation
Depreciation
5921000
CY2016Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
6024000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2016Q1 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-3748000
CY2016Q1 us-gaap Interest Paid
InterestPaid
7453000
CY2017Q1 mx Cumulative Contributions To National Pension Fund
CumulativeContributionsToNationalPensionFund
270000
CY2016Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
173000
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
536000
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-17355000
CY2016Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
605000
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2170000
CY2016Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
103000
CY2016Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
8195000
CY2016Q1 us-gaap Cost Of Revenue
CostOfRevenue
113856000
CY2016Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-4057000
CY2016Q1 us-gaap Revenues
Revenues
148105000
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-10000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
65000
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
535000
CY2016Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3729000
CY2016Q1 us-gaap Gross Profit
GrossProfit
34249000
CY2016Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1559000
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5955000
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
29982000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
8125000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8940000
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-162000
CY2016Q1 us-gaap Postemployment Benefits Period Expense
PostemploymentBenefitsPeriodExpense
5771000
CY2016Q1 us-gaap Inventory Write Down
InventoryWriteDown
783000
CY2016Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-7716000
CY2016Q1 us-gaap Increase Decrease In Postemployment Obligations
IncreaseDecreaseInPostemploymentObligations
-4098000
CY2016Q1 us-gaap Proceeds From Hedge Investing Activities
ProceedsFromHedgeInvestingActivities
3993000
CY2016Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
828000
CY2016Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4920000
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8125000
CY2016Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
7785000
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11946000
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
219664 shares
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
4267000
CY2016Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-325000
CY2016Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
237000
CY2016Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-315000
CY2016Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-9777000
CY2016Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-6020000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
815000
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-18181000
CY2016Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
10000
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4288000
CY2016Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
326000
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34918568 shares
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
19952000
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34698904 shares
CY2016Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17815000
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
536000
CY2016Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
114000
CY2016Q1 mx Proceeds From Guarantee Deposits
ProceedsFromGuaranteeDeposits
374000
CY2016Q1 mx Group Severance Insurance Plan
GroupSeveranceInsurancePlan
701000
CY2016Q1 mx Inventory Valuation Reserves Changes
InventoryValuationReservesChanges
1650000
CY2016Q1 mx Inventory Valuation Reserves Foreign Currency Translation Adjustments
InventoryValuationReservesForeignCurrencyTranslationAdjustments
346000
CY2016Q1 mx Payments For Guarantee Deposits
PaymentsForGuaranteeDeposits
14000
CY2016Q1 mx Foreign Currency Transaction Gain Loss Before Tax Including Intercompany Balances
ForeignCurrencyTransactionGainLossBeforeTaxIncludingIntercompanyBalances
8857000
CY2016Q1 mx Postemployment Benefits Translation Adjustment
PostemploymentBenefitsTranslationAdjustment
2270000
CY2016Q1 mx Cumulative Contributions To National Pension Fund
CumulativeContributionsToNationalPensionFund
302000
CY2016Q1 mx Increase Decrease In Restricted Cash Related To Insurance Proceeds
IncreaseDecreaseInRestrictedCashRelatedToInsuranceProceeds
29571000

Files In Submission

Name View Source Status
0001193125-17-164171-index-headers.html Edgar Link pending
0001193125-17-164171-index.html Edgar Link pending
0001193125-17-164171.txt Edgar Link pending
0001193125-17-164171-xbrl.zip Edgar Link pending
d382743d10q.htm Edgar Link pending
d382743dex311.htm Edgar Link pending
d382743dex312.htm Edgar Link pending
d382743dex321.htm Edgar Link pending
d382743dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
mx-20170331.xml Edgar Link completed
mx-20170331.xsd Edgar Link pending
mx-20170331_cal.xml Edgar Link unprocessable
mx-20170331_def.xml Edgar Link unprocessable
mx-20170331_lab.xml Edgar Link unprocessable
mx-20170331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending