$OLED
UNIVERSAL DISPLAY CORP \PA\

2024 Q2 Form 10-Q Financial Statement

#000095017024052114 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $158.5M $165.3M
YoY Change 8.15% 26.67%
Cost Of Revenue $38.33M $36.97M
YoY Change 18.63% 12.13%
Gross Profit $120.2M $128.3M
YoY Change 5.18% 31.58%
Gross Profit Margin 75.82% 77.63%
Selling, General & Admin $19.84M $19.25M
YoY Change 2.77% 25.05%
% of Gross Profit 16.51% 15.01%
Research & Development $36.83M $37.99M
YoY Change 13.95% 20.88%
% of Gross Profit 30.64% 29.61%
Depreciation & Amortization $6.500M $6.600M
YoY Change -39.28% 1.54%
% of Gross Profit 5.41% 5.14%
Operating Expenses $63.74M $65.42M
YoY Change 14.6% 25.49%
Operating Profit $56.44M $62.87M
YoY Change -3.76% 38.58%
Interest Expense $9.913M $9.568M
YoY Change 59.94% 37.33%
% of Operating Profit 17.56% 15.22%
Other Income/Expense, Net $8.453M $7.625M
YoY Change -1178.19% 21.73%
Pretax Income $64.89M $70.50M
YoY Change 1.31% 36.54%
Income Tax $12.60M $13.60M
% Of Pretax Income 19.42% 19.29%
Net Earnings $52.34M $56.85M
YoY Change 5.89% 42.71%
Net Earnings / Revenue 33.02% 34.4%
Basic Earnings Per Share $1.10 $1.19
Diluted Earnings Per Share $1.10 $1.19
COMMON SHARES
Basic Shares Outstanding 47.44M 47.37M
Diluted Shares Outstanding 47.63M 47.63M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $530.5M $539.3M
YoY Change -5.12% -16.53%
Cash & Equivalents $92.86M $74.01M
Short-Term Investments $437.7M $465.3M
Other Short-Term Assets $132.7M $89.48M
YoY Change 293.24% 140.58%
Inventory $171.8M $172.9M
Prepaid Expenses
Receivables $124.4M $119.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $959.5M $921.3M
YoY Change 9.26% -3.05%
LONG-TERM ASSETS
Property, Plant & Equipment $185.5M $175.9M
YoY Change -0.84% 21.07%
Goodwill $15.54M $15.54M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $362.5M $312.9M
YoY Change 71.49% 46.67%
Other Assets $98.85M $102.4M
YoY Change -30.85% -1.77%
Total Long-Term Assets $817.1M $762.4M
YoY Change 23.29% 30.22%
TOTAL ASSETS
Total Short-Term Assets $959.5M $921.3M
Total Long-Term Assets $817.1M $762.4M
Total Assets $1.777B $1.684B
YoY Change 15.3% 9.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $23.64M $12.84M
YoY Change 222.46% 31.82%
Accrued Expenses $58.62M $42.10M
YoY Change 50.97% 66.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $152.0M $94.98M
YoY Change 88.28% -17.38%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $37.12M $37.98M
YoY Change -69.41% -12.09%
Total Long-Term Liabilities $37.12M $37.98M
YoY Change -69.41% -12.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.0M $94.98M
Total Long-Term Liabilities $37.12M $37.98M
Total Liabilities $249.7M $198.8M
YoY Change 23.57% -15.84%
SHAREHOLDERS EQUITY
Retained Earnings $860.1M $826.9M
YoY Change 21.24% 22.26%
Common Stock $488.0K $488.0K
YoY Change 0.21% 0.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $41.28M $41.28M
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $1.527B $1.485B
YoY Change
Total Liabilities & Shareholders Equity $1.777B $1.684B
YoY Change 15.3% 9.64%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $52.34M $56.85M
YoY Change 5.89% 42.71%
Depreciation, Depletion And Amortization $6.500M $6.600M
YoY Change -39.28% 1.54%
Cash From Operating Activities $67.01M $72.16M
YoY Change 585.41% 51.52%
INVESTING ACTIVITIES
Capital Expenditures $9.128M $7.206M
YoY Change -89.16% -20.8%
Acquisitions
YoY Change
Other Investing Activities -$20.16M -$56.98M
YoY Change -177.43% -214.36%
Cash From Investing Activities -$29.29M -$64.18M
YoY Change -49.64% -257.79%
FINANCING ACTIVITIES
Cash Dividend Paid $19.53M
YoY Change 16.45%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.88M -25.95M
YoY Change 14.79% 10.73%
NET CHANGE
Cash From Operating Activities 67.01M 72.16M
Cash From Investing Activities -29.29M -64.18M
Cash From Financing Activities -18.88M -25.95M
Net Change In Cash 18.84M -17.97M
YoY Change -129.07% -127.71%
FREE CASH FLOW
Cash From Operating Activities $67.01M $72.16M
Capital Expenditures $9.128M $7.206M
Free Cash Flow $57.89M $64.95M
YoY Change -177.79% 68.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 dei Security12b Title
Security12bTitle
Common Stock, $0.01 par value
CY2024Q1 dei Amendment Flag
AmendmentFlag
false
CY2024Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001005284
CY2024Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2024Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2024Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2024Q1 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2023Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent
CY2024Q1 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2023Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent
CY2024Q1 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q4 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2024Q1 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2023Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent
CY2024Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost Credit Excluding Service Cost Statement Of Income Or Comprehensive Income Extensible List
DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingServiceCostStatementOfIncomeOrComprehensiveIncomeExtensibleList
http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
CY2023Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost Credit Excluding Service Cost Statement Of Income Or Comprehensive Income Extensible List
DefinedBenefitPlanNetPeriodicBenefitCostCreditExcludingServiceCostStatementOfIncomeOrComprehensiveIncomeExtensibleList
http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
CY2024Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List
DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleList
http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
CY2023Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost Credit Amortization Of Gain Loss Statement Of Income Or Comprehensive Income Extensible List
DefinedBenefitPlanNetPeriodicBenefitCostCreditAmortizationOfGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleList
http://fasb.org/us-gaap/2023#PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
CY2024Q1 oled State And Foreign Income Tax Returns Subject To Examination Period Minimum
StateAndForeignIncomeTaxReturnsSubjectToExaminationPeriodMinimum
P3Y
CY2024Q1 dei Document Type
DocumentType
10-Q
CY2024Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2024Q1 dei Entity File Number
EntityFileNumber
1-12031
CY2024Q1 dei Entity Registrant Name
EntityRegistrantName
UNIVERSAL DISPLAY CORPORATION
CY2024Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
PA
CY2024Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
23-2372688
CY2024Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
250 Phillips Boulevard
CY2024Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Ewing
CY2024Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NJ
CY2024Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
08618
CY2024Q1 dei City Area Code
CityAreaCode
609
CY2024Q1 dei Local Phone Number
LocalPhoneNumber
671-0980
CY2024Q1 dei Trading Symbol
TradingSymbol
OLED
CY2024Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2024Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2024Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2024Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2024Q1 dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
47439488
CY2023Q4 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
12006000
CY2024Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
52568000
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
52249000
CY2024Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
37976000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
38658000
CY2024Q1 us-gaap Liabilities
Liabilities
198815000
CY2023Q4 us-gaap Liabilities
Liabilities
221735000
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74012000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
91985000
CY2024Q1 us-gaap Short Term Investments
ShortTermInvestments
465293000
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
422137000
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
119584000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
139850000
CY2024Q1 us-gaap Inventory Net
InventoryNet
172905000
CY2023Q4 us-gaap Inventory Net
InventoryNet
175795000
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
89478000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
87365000
CY2024Q1 us-gaap Assets Current
AssetsCurrent
921272000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
917132000
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
149062000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
143908000
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175896000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175150000
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
191043000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
186850000
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
86132000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
90325000
CY2024Q1 oled Other Finite Lived Intangible Assets Accumulated Amortization
OtherFiniteLivedIntangibleAssetsAccumulatedAmortization
10769000
CY2023Q4 oled Other Finite Lived Intangible Assets Accumulated Amortization
OtherFiniteLivedIntangibleAssetsAccumulatedAmortization
10414000
CY2024Q1 oled Other Finite Lived Intangible Assets Net
OtherFiniteLivedIntangibleAssetsNet
6519000
CY2023Q4 oled Other Finite Lived Intangible Assets Net
OtherFiniteLivedIntangibleAssetsNet
6874000
CY2024Q1 us-gaap Goodwill
Goodwill
15535000
CY2023Q4 us-gaap Goodwill
Goodwill
15535000
CY2024Q1 us-gaap Long Term Investments
LongTermInvestments
312939000
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
299548000
CY2024Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
63040000
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
59108000
CY2024Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
102382000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
105289000
CY2024Q1 us-gaap Assets
Assets
1683715000
CY2023Q4 us-gaap Assets
Assets
1668961000
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
12841000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
10933000
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42099000
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
52080000
CY2024Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
19157000
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
47713000
CY2024Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20882000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8096000
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
94979000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
118822000
CY2024Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
13292000
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
2000
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
2000
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48804964
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48731026
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
47439316
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
47365378
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
488000
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
487000
CY2024Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
702609000
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
699554000
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
826879000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
789553000
CY2024Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3794000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-1086000
CY2023Q4 us-gaap Treasury Stock Preferred Shares
TreasuryStockPreferredShares
1365648
CY2024Q1 us-gaap Treasury Stock Preferred Shares
TreasuryStockPreferredShares
1365648
CY2024Q1 us-gaap Treasury Stock Value
TreasuryStockValue
41284000
CY2023Q4 us-gaap Treasury Stock Value
TreasuryStockValue
41284000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1484900000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1447226000
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1683715000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1668961000
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
165259000
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
130467000
CY2024Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
36969000
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
32970000
CY2024Q1 us-gaap Gross Profit
GrossProfit
128290000
CY2023Q1 us-gaap Gross Profit
GrossProfit
97497000
CY2024Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
37985000
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
31423000
CY2024Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
19252000
CY2023Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15396000
CY2024Q1 oled Amortization Of Acquired Technology And Other Intangible Assets
AmortizationOfAcquiredTechnologyAndOtherIntangibleAssets
4548000
CY2023Q1 oled Amortization Of Acquired Technology And Other Intangible Assets
AmortizationOfAcquiredTechnologyAndOtherIntangibleAssets
2891000
CY2024Q1 oled Patent Costs
PatentCosts
1982000
CY2023Q1 oled Patent Costs
PatentCosts
2255000
CY2024Q1 us-gaap Royalty Expense
RoyaltyExpense
1651000
CY2023Q1 us-gaap Royalty Expense
RoyaltyExpense
164000
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
65418000
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
52129000
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
62872000
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
45368000
CY2024Q1 us-gaap Investment Income Net
InvestmentIncomeNet
9568000
CY2023Q1 us-gaap Investment Income Net
InvestmentIncomeNet
6967000
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1943000
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-703000
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7625000
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6264000
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
70497000
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
51632000
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13644000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11793000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
56853000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
39839000
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.19
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47557959
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47523593
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47628492
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47567007
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.4
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
56853000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
39839000
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-733000
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2666000
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
2627000
CY2024Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-3000
CY2023Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
-71000
CY2024Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
8000
CY2023Q1 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
253000
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-50000
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
95000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2708000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2975000
CY2024Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
54145000
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42814000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1447226000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
56853000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2708000
CY2024Q1 us-gaap Dividends Cash
DividendsCash
19527000
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8553000
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7058000
CY2024Q1 oled Issuance Of Common Stock To Board Of Directors And Scientific Advisory Board Value
IssuanceOfCommonStockToBoardOfDirectorsAndScientificAdvisoryBoardValue
758000
CY2024Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
803000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
1484900000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1275369000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
39839000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2975000
CY2023Q1 us-gaap Dividends Cash
DividendsCash
16769000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3854000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7181000
CY2023Q1 oled Issuance Of Common Stock To Board Of Directors And Scientific Advisory Board Value
IssuanceOfCommonStockToBoardOfDirectorsAndScientificAdvisoryBoardValue
723000
CY2023Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
655000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1299465000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
56853000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
39839000
CY2024Q1 us-gaap Depreciation
Depreciation
6616000
CY2023Q1 us-gaap Depreciation
Depreciation
6496000
CY2024Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4548000
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2891000
CY2024Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-2236000
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-3597000
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9174000
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4415000
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3936000
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5936000
CY2024Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
330000
CY2023Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
782000
CY2024Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-20266000
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13000
CY2024Q1 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
-2890000
CY2023Q1 us-gaap Increase Decrease In Finished Goods And Work In Process Inventories
IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories
-8975000
CY2024Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2113000
CY2023Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-8598000
CY2024Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-2907000
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-5515000
CY2024Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-7977000
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-24116000
CY2024Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
12786000
CY2023Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
12874000
CY2024Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-27270000
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-8616000
CY2024Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-682000
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-486000
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
72156000
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47621000
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7206000
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9098000
CY2024Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0
CY2023Q1 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
51000
CY2024Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
99947000
CY2023Q1 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
65207000
CY2024Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
42970000
CY2023Q1 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
115031000
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64183000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
40675000
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
639000
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
518000
CY2024Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7058000
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7181000
CY2024Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
19527000
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
16769000
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25946000
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-23432000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17973000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
64864000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91985000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93430000
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
74012000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
158294000
CY2024Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-2666000
CY2023Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
3202000
CY2024Q1 oled Other Significant Non Cash Transaction Increase Decrease In Accounts Payable And Accrued Expenses Related To Purchases Of Property And Equipment
OtherSignificantNonCashTransactionIncreaseDecreaseInAccountsPayableAndAccruedExpensesRelatedToPurchasesOfPropertyAndEquipment
-156000
CY2023Q1 oled Other Significant Non Cash Transaction Increase Decrease In Accounts Payable And Accrued Expenses Related To Purchases Of Property And Equipment
OtherSignificantNonCashTransactionIncreaseDecreaseInAccountsPayableAndAccruedExpensesRelatedToPurchasesOfPropertyAndEquipment
766000
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5085000
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4961000
CY2024Q1 us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:-4.749%;padding-left:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">1. BUSINESS:</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Universal Display Corporation and its subsidiaries (the Company) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. OLEDs are thin, lightweight and power-efficient solid-state devices that emit light and can be manufactured on both flexible and rigid substrates, making them highly suitable for use in full-color displays and as lighting products. OLED displays are capturing a growing share of the display market, especially in the mobile phone, television, monitor, wearable, tablet, notebook and personal computer, augmented reality (AR), virtual reality (VR) and automotive markets. The Company believes this is because OLEDs offer potential advantages over competing display technologies with respect to power efficiency, contrast ratio, viewing angle, video response time, form factor and manufacturing cost. The Company also believes that OLED lighting products have the potential to replace many existing light sources in the future because of their high-power efficiency, excellent color rendering index, low operating temperature and novel form factor. The Company’s technology leadership, intellectual property position, and more than 20 years of experience working closely with leading OLED display manufacturers are some of the competitive advantages that should enable the Company to continue to share in the revenues from OLED displays and lighting products as they gain wider acceptance.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company’s primary business strategy is to (1) develop new OLED materials and sell existing and new materials to product manufacturers of products for display applications, such as mobile phones, televisions, monitors, wearables, tablets, portable media devices, notebook computers, personal computers and automotive applications, and specialty and general lighting products; and (2) further develop and either license or otherwise commercialize the Company’s proprietary OLED material, device design and manufacturing technologies to those manufacturers. The Company has established a significant portfolio of proprietary OLED technologies and materials, primarily through internal research and development efforts and acquisitions of patents and patent applications, as well as maintaining long-standing, and establishing new relationships with world-class universities, research institutions and strategic manufacturing partnerships. The Company currently owns, exclusively licenses or has the sole right to sublicense more than </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">6,000</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> patents issued and pending worldwide.</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company manufactures and sells its proprietary OLED materials to customers for evaluation and use in commercial OLED products. The Company also enters into agreements with manufacturers of OLED display and lighting products under which it grants them licenses to practice under the Company’s patents and to use the Company's proprietary know-how. At the same time, the Company works with these and other companies that are evaluating the Company's OLED material, device design and manufacturing technologies for possible use in commercial OLED display and lighting products.</span></p>
CY2024Q1 oled Number Of Patents Issued And Pending Application
NumberOfPatentsIssuedAndPendingApplication
6000
CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Reclassification of Prior Year Presentation</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Certain prior year adjustments to reconcile net income to net cash provided by operating activities have been reclassified on the Consolidated Statements of Cash Flows to conform to the current year presentation. Stock-based compensation activity has been consolidated and includes stock-based compensation to employees, Board of Directors, and Scientific Advisory Board.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Management’s Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The estimates made are principally in the areas of revenue recognition including estimates of material unit sales and royalties, the useful life of acquired intangibles, lease liabilities, right-of-use assets, the use and recoverability of inventories, intangibles, investments and income taxes including realization of deferred tax assets, stock-based compensation and retirement benefit plan liabilities. Actual results could differ from those estimates.</span></p>
CY2024Q1 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
Recognized income tax positions are measured at the largest amount of which the likelihood of realization is greater than 50%
CY2024Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
74012000
CY2024Q1 oled Cash Equivalents Gross Unrealized Gain
CashEquivalentsGrossUnrealizedGain
0
CY2024Q1 oled Cash Equivalents Gross Unrealized Losses
CashEquivalentsGrossUnrealizedLosses
0
CY2024Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
74012000
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
91985000
CY2023Q4 oled Cash Equivalents Gross Unrealized Gain
CashEquivalentsGrossUnrealizedGain
0
CY2023Q4 oled Cash Equivalents Gross Unrealized Losses
CashEquivalentsGrossUnrealizedLosses
0
CY2023Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
91985000
CY2024Q1 oled Minority Investment Carrying Value
MinorityInvestmentCarryingValue
14000000
CY2024Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
0
CY2023Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
0
CY2024Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
108681000
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
113400000
CY2024Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
13605000
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
9433000
CY2024Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
50619000
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
52962000
CY2024Q1 us-gaap Inventory Net
InventoryNet
172905000
CY2023Q4 us-gaap Inventory Net
InventoryNet
175795000
CY2024Q1 us-gaap Inventory Write Down
InventoryWriteDown
3300000
CY2023Q1 us-gaap Inventory Write Down
InventoryWriteDown
3300000
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
324958000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
319058000
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
149062000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
143908000
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175896000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
175150000
CY2024Q1 us-gaap Depreciation
Depreciation
6600000
CY2023Q1 us-gaap Depreciation
Depreciation
6500000
CY2024Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
277175000
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
277175000
CY2024Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
191043000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
186850000
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
86132000
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
90325000
CY2024Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12600000
CY2025Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16800000
CY2026Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12000000
CY2027Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7200000
CY2028Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7200000
CY2029Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
30300000
CY2024Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
16800000
CY2024Q1 oled Other Finite Lived Intangible Assets Amortization Expense Year Two
OtherFiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1000000
CY2024Q1 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
57808000
CY2023Q4 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
60146000
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23998000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24910000
CY2024Q1 oled Long Term Unbilled Receivables
LongTermUnbilledReceivables
10278000
CY2023Q4 oled Long Term Unbilled Receivables
LongTermUnbilledReceivables
9074000
CY2024Q1 oled Long Term Contract Assets
LongTermContractAssets
8688000
CY2023Q4 oled Long Term Contract Assets
LongTermContractAssets
9278000
CY2024Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
1610000
CY2023Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
1881000
CY2024Q1 us-gaap Other Assets
OtherAssets
102382000
CY2023Q4 us-gaap Other Assets
OtherAssets
105289000
CY2024Q1 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
As of March 31, 2024, the Company did not have any finance leases and no additional operating leases that have not yet commenced.
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4395000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4317000
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1103000
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1221000
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
23998000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
24910000
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3582000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3533000
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
21945000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22855000
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y6M
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3210000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4315000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4026000
CY2024Q1 oled Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
8052000
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
28315000
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2788000
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
25527000
CY2024Q1 oled Accrued Ppg Agreements
AccruedPpgAgreements
14620000
CY2023Q4 oled Accrued Ppg Agreements
AccruedPpgAgreements
11962000
CY2024Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
14174000
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
29456000
CY2024Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
2225000
CY2023Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
647000
CY2024Q1 oled Accrued Consulting Fees Current
AccruedConsultingFeesCurrent
2116000
CY2023Q4 oled Accrued Consulting Fees Current
AccruedConsultingFeesCurrent
2121000
CY2024Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1258000
CY2023Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1124000
CY2024Q1 oled Accrued Research And Development Agreement Fees
AccruedResearchAndDevelopmentAgreementFees
687000
CY2023Q4 oled Accrued Research And Development Agreement Fees
AccruedResearchAndDevelopmentAgreementFees
822000
CY2024Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7019000
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
5948000
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
42099000
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
52080000
CY2024Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
21945000
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
22855000
CY2024Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
15749000
CY2023Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
15749000
CY2024Q1 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
282000
CY2023Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
54000
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
37976000
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
38658000
CY2024Q1 oled Long Term Purchase Commitment Percent Of Services Payable In Cash Or Shares
LongTermPurchaseCommitmentPercentOfServicesPayableInCashOrShares
0.50
CY2024Q1 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
0
CY2024Q1 oled Research And Development Expense Credit
ResearchAndDevelopmentExpenseCredit
4500000
CY2023Q1 oled Research And Development Expense Credit
ResearchAndDevelopmentExpenseCredit
2000000
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q1 oled Number Of Board Members Elected By Class Shareholders
NumberOfBoardMembersElectedByClassShareholders
2
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
48804964
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
47439316
CY2024Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2023Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.4
CY2024Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19500000
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2708000
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2975000
CY2024Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
8000
CY2023Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
253000
CY2024Q1 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
29700000
CY2023Q4 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
29800000
CY2024Q1 us-gaap Revenues
Revenues
165259000
CY2023Q1 us-gaap Revenues
Revenues
130467000
CY2023Q1 oled Increases Due To Cash Received
IncreasesDueToCashReceived
38153000
CY2023Q1 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
5683000
CY2024Q1 us-gaap Noncurrent Assets
NoncurrentAssets
175896000
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
175150000
CY2024Q1 oled Number Of Suppliers From Which Chemical Materials Were Purchased
NumberOfSuppliersFromWhichChemicalMaterialsWerePurchased
1
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.194
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.228
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13600000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11800000
CY2024Q1 oled State And Foreign Income Tax Returns Subject To Examination Period Maximum
StateAndForeignIncomeTaxReturnsSubjectToExaminationPeriodMaximum
P4Y
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
119584000
CY2024Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
22440000
CY2024Q1 us-gaap Unbilled Receivables Not Billable At Balance Sheet Date
UnbilledReceivablesNotBillableAtBalanceSheetDate
10278000
CY2024Q1 us-gaap Other Short Term Investments
OtherShortTermInvestments
2747000
CY2024Q1 oled Unbilled Receivables Noncurrent
UnbilledReceivablesNoncurrent
8688000
CY2024Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
19157000
CY2024Q1 us-gaap Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
13292000
CY2024Q1 oled Backlog Associated With Committed Purchase Orders From Customers
BacklogAssociatedWithCommittedPurchaseOrdersFromCustomers
35900000
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
42134000
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
59719000
CY2024Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
61095000
CY2024Q1 oled Increases Due To Cash Received
IncreasesDueToCashReceived
33323000
CY2024Q1 us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Change In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueChangeInEstimateOfTransactionPrice
-502000
CY2024Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
2560000
CY2024Q1 oled Contract Assets Recorded
ContractAssetsRecorded
-541000
CY2024Q1 oled Unbilled Receivables Increase Decrease Net
UnbilledReceivablesIncreaseDecreaseNet
2019000
CY2024Q1 oled Net Increase Decrease In Deferred Revenue
NetIncreaseDecreaseInDeferredRevenue
27270000
CY2024Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
44153000
CY2024Q1 us-gaap Deferred Revenue
DeferredRevenue
32449000
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
38457000
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
63878000
CY2023Q1 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
41086000
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
11878000
CY2023Q1 oled Contract Assets Recorded
ContractAssetsRecorded
-520000
CY2023Q1 oled Transferred To Receivables From Unbilled Receivables
TransferredToReceivablesFromUnbilledReceivables
19983000
CY2023Q1 oled Unbilled Receivables Increase Decrease Net
UnbilledReceivablesIncreaseDecreaseNet
-8625000
CY2023Q1 oled Net Increase Decrease In Deferred Revenue
NetIncreaseDecreaseInDeferredRevenue
8616000
CY2023Q1 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
29832000
CY2023Q1 us-gaap Deferred Revenue
DeferredRevenue
55262000
CY2024Q1 oled Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Decrease In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueDecreaseInEstimateOfTransactionPrice
502000
CY2023Q1 oled Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Increased In Estimate Of Transaction Price
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueIncreasedInEstimateOfTransactionPrice
5700000
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
56853000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
39839000
CY2024Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
201000
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
213000
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
56652000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39626000
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47557959
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47523593
CY2024Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
462
CY2023Q1 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
940
CY2024Q1 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
70071
CY2023Q1 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
42474
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47628492
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47567007
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.19
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.19
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27453
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
41505

Files In Submission

Name View Source Status
0000950170-24-052114-index-headers.html Edgar Link pending
0000950170-24-052114-index.html Edgar Link pending
0000950170-24-052114.txt Edgar Link pending
0000950170-24-052114-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
img35609618_0.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
oled-20240331.htm Edgar Link pending
oled-20240331.xsd Edgar Link pending
oled-ex31_1.htm Edgar Link pending
oled-ex31_2.htm Edgar Link pending
oled-ex32_1.htm Edgar Link pending
oled-ex32_2.htm Edgar Link pending
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
oled-20240331_htm.xml Edgar Link completed
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
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable