$ONTO
ONTO INNOVATION INC.

2018 Q3 Form 10-Q Financial Statement

#000156459018025853 Filed on October 31, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $60.43M $56.68M
YoY Change 6.63% -3.45%
Cost Of Revenue $33.00M $30.80M
YoY Change 7.14% 8.83%
Gross Profit $31.45M $33.60M
YoY Change -6.39% 10.53%
Gross Profit Margin 52.05% 59.29%
Selling, General & Admin $16.60M $13.80M
YoY Change 20.29% 2.22%
% of Gross Profit 52.78% 41.07%
Research & Development $12.70M $9.100M
YoY Change 39.56% 15.19%
% of Gross Profit 40.38% 27.08%
Depreciation & Amortization $1.600M $1.600M
YoY Change 0.0% -5.88%
% of Gross Profit 5.09% 4.76%
Operating Expenses $29.30M $23.18M
YoY Change 26.42% 8.81%
Operating Profit $14.27M $7.484M
YoY Change 90.69% -17.76%
Interest Expense $108.0K $25.00K
YoY Change 332.0% -125.0%
% of Operating Profit 0.76% 0.33%
Other Income/Expense, Net $218.0K $36.00K
YoY Change 505.56% -82.0%
Pretax Income $8.368M $7.520M
YoY Change 11.28% -18.26%
Income Tax $2.921M $1.756M
% Of Pretax Income 34.91% 23.35%
Net Earnings $7.187M $5.764M
YoY Change 24.69% -27.04%
Net Earnings / Revenue 11.89% 10.17%
Basic Earnings Per Share $0.28 $0.23
Diluted Earnings Per Share $0.28 $0.22
COMMON SHARES
Basic Shares Outstanding 25.66M 25.49M
Diluted Shares Outstanding 26.06M 25.93M

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $172.9M $135.7M
YoY Change 27.44% 14.51%
Cash & Equivalents $96.10M $44.04M
Short-Term Investments $76.84M $93.30M
Other Short-Term Assets $7.100M $8.900M
YoY Change -20.22% 53.45%
Inventory $60.70M $50.50M
Prepaid Expenses
Receivables $50.30M $47.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $291.1M $242.1M
YoY Change 20.24% 15.73%
LONG-TERM ASSETS
Property, Plant & Equipment $43.10M $42.00M
YoY Change 2.62% -5.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.500M $18.20M
YoY Change -58.79% 911.11%
Total Long-Term Assets $65.40M $70.30M
YoY Change -6.97% 24.65%
TOTAL ASSETS
Total Short-Term Assets $291.1M $242.1M
Total Long-Term Assets $65.40M $70.30M
Total Assets $356.5M $312.4M
YoY Change 14.12% 17.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.90M $14.90M
YoY Change 40.27% 73.26%
Accrued Expenses $20.90M $16.00M
YoY Change 30.63% -7.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $59.10M $45.20M
YoY Change 30.75% -1.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.100M $2.000M
YoY Change 55.0% -16.67%
Total Long-Term Liabilities $3.100M $2.000M
YoY Change 55.0% -16.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $59.10M $45.20M
Total Long-Term Liabilities $3.100M $2.000M
Total Liabilities $62.40M $47.30M
YoY Change 31.92% -3.47%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $275.9M
YoY Change 2.74%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $294.1M $265.1M
YoY Change
Total Liabilities & Shareholders Equity $356.5M $312.4M
YoY Change 14.12% 17.62%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $7.187M $5.764M
YoY Change 24.69% -27.04%
Depreciation, Depletion And Amortization $1.600M $1.600M
YoY Change 0.0% -5.88%
Cash From Operating Activities $24.40M $7.200M
YoY Change 238.89% -65.55%
INVESTING ACTIVITIES
Capital Expenditures -$1.100M -$1.500M
YoY Change -26.67% 87.5%
Acquisitions
YoY Change
Other Investing Activities -$14.10M -$10.70M
YoY Change 31.78% -76.33%
Cash From Investing Activities -$15.40M -$12.20M
YoY Change 26.23% -73.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 700.0K 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 24.40M 7.200M
Cash From Investing Activities -15.40M -12.20M
Cash From Financing Activities 700.0K 0.000
Net Change In Cash 9.700M -5.000M
YoY Change -294.0% -78.17%
FREE CASH FLOW
Cash From Operating Activities $24.40M $7.200M
Capital Expenditures -$1.100M -$1.500M
Free Cash Flow $25.50M $8.700M
YoY Change 193.1% -59.91%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q4 us-gaap Inventory Net
InventoryNet
52860000
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2206000
CY2018Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
7050000
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
7408000
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
24215562
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
34899000
CY2018Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
76835000
CY2017Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
82130000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
62457000
CY2017Q4 nano Inventories Delivered Systems
InventoriesDeliveredSystems
1534000
CY2017Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
6234000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
240114000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44810000
CY2017Q4 us-gaap Goodwill
Goodwill
10232000
CY2017Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
11924000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
413000
CY2017Q4 us-gaap Assets
Assets
309699000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
13857000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
12901000
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
false
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56675000
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
23176000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1418000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16828000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3122000
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
13498000
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
7175000
CY2018Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
91777000
CY2018Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
48642000
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
76590000
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
7249000
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2680000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
44095000
CY2018Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1575000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30378000
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
105000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
180416000
CY2018Q3 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
35000
CY2017Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
1661000
CY2017Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
860000
CY2018Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
172000
CY2017Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
179000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
521000
CY2017Q4 us-gaap Liabilities
Liabilities
47316000
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
26000
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
255368000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
9113000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2124000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
262383000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
309699000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
126000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
47000000
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24628722
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24628722
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
247507000
CY2017Q3 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
52000
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
156000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
87688000
us-gaap Gross Profit
GrossProfit
92728000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
26658000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
22730000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19696000
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000
CY2018Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
4000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
14271000
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
7484000
CY2018Q3 us-gaap Interest Expense
InterestExpense
108000
CY2017Q3 us-gaap Interest Expense
InterestExpense
25000
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
322000
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
59000
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
218000
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
36000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14489000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7520000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2921000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1756000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
11568000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
5764000
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24059000
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25494000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24466000
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25932000
CY2018Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
38000
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
764000
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
15000
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11650000
nano Increase Decrease Inventories Delivered Systems
IncreaseDecreaseInventoriesDeliveredSystems
864000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3850000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
709000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
942000
us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
2000000
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
44000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
82000
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
779000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-523000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3468000
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6543000
us-gaap Profit Loss
ProfitLoss
45624000
us-gaap Profit Loss
ProfitLoss
19404000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-11520000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6351000
nano Increase Decrease Inventories Delivered Systems
IncreaseDecreaseInventoriesDeliveredSystems
324000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1224000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9623000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5126000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1204000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
647000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
83408000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15384000
us-gaap Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
2000000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
46604000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
104984000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
425000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17779000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3826000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
22987000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22283000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-160000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-346000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-466000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
61204000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3021000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
34899000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
47062000
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
96103000
CY2017Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
44041000
nano Transfer Of Inventory To Property Plant And Equipment
TransferOfInventoryToPropertyPlantAndEquipment
291000
nano Property Plant And Equipment Included In Accounts Payable Accrued And Other Liabilities
PropertyPlantAndEquipmentIncludedInAccountsPayableAccruedAndOtherLiabilities
1684000
us-gaap Fiscal Period
FiscalPeriod
<div> <p style="margin-top:12pt;margin-bottom:0pt;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Fiscal Period<font style="font-style:normal;"> &#8211; The Company uses a </font><font style="font-style:normal;">52/53 week fiscal year ending on the last Saturday of the calendar year. All references to the quarter refer to Nanometrics&#8217; fiscal quarter. The fiscal quarters reported herein are 13 week periods.</font></p></div>
us-gaap Fiscal Period Duration
FiscalPeriodDuration
P91D
us-gaap Fiscal Period Duration
FiscalPeriodDuration
P91D
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
The timing of satisfaction of the performance obligation to payment is dependent upon the negotiated payment terms but generally occurs within 30 to 60 days.
nano Maximum Period Of Delivery To Customers
MaximumPeriodOfDeliveryToCustomers
P6M
nano Maximum Period Services Provided Over Fixed Arrangement Term
MaximumPeriodServicesProvidedOverFixedArrangementTerm
P12M
CY2018Q3 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
4300000
CY2018Q1 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
4500000
CY2018Q3 nano Fair Value Assets Among Level One Level Two And Level Three Transfers Amount
FairValueAssetsAmongLevelOneLevelTwoAndLevelThreeTransfersAmount
0
CY2018Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
173046000
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
117162000
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
571000
CY2018Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6000
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0
CY2018Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
114000
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
133000
CY2018Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
172938000
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
117029000
nano Investment Maturity Period Maximum
InvestmentMaturityPeriodMaximum
P36M
CY2017 nano Investment Maturity Period Maximum
InvestmentMaturityPeriodMaximum
P24M
CY2018Q3 nano Proceeds From Accounts Receivable
ProceedsFromAccountsReceivable
12800000
CY2017Q3 nano Proceeds From Accounts Receivable
ProceedsFromAccountsReceivable
6100000
nano Proceeds From Accounts Receivable
ProceedsFromAccountsReceivable
47500000
nano Proceeds From Accounts Receivable
ProceedsFromAccountsReceivable
15500000
CY2018Q3 nano Due From Unrelated Third Parties
DueFromUnrelatedThirdParties
0
CY2017Q4 nano Due From Unrelated Third Parties
DueFromUnrelatedThirdParties
0
CY2018Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
31619000
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
32187000
CY2018Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
20590000
CY2018Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6675000
CY2018Q3 nano Inventory
Inventory
60742000
CY2017Q4 nano Inventory
Inventory
54394000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
89229000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
44419000
CY2018Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1201000
CY2017Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
813000
CY2018Q3 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
837000
CY2017Q4 us-gaap Accrued Sales Commission Current
AccruedSalesCommissionCurrent
76000
CY2018Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
537000
CY2017Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
534000
CY2018Q3 us-gaap Depreciation
Depreciation
1600000
CY2017Q3 us-gaap Depreciation
Depreciation
1600000
us-gaap Depreciation
Depreciation
4900000
us-gaap Depreciation
Depreciation
5100000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
379000
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
34621000
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30520000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
32584000
CY2018Q3 nano Amortization Expense Finite Lived Intangible Assets
AmortizationExpenseFiniteLivedIntangibleAssets
35000
CY2017Q3 nano Amortization Expense Finite Lived Intangible Assets
AmortizationExpenseFiniteLivedIntangibleAssets
51000
nano Amortization Expense Finite Lived Intangible Assets
AmortizationExpenseFiniteLivedIntangibleAssets
105000
nano Amortization Expense Finite Lived Intangible Assets
AmortizationExpenseFiniteLivedIntangibleAssets
155000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
35000
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
209000
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
571000
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
571000
CY2018Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2144000
nano Product Warranty Period
ProductWarrantyPeriod
P12M
CY2018Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4906000
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4602000
CY2016Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
3838000
CY2018Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1020000
CY2017Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1020000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3800000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
3915000
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
438000
CY2018Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1668000
CY2017Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1080000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
4520000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
3096000
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4542000
CY2018Q3 nano Intellectual Property Indemnification Obligations
IntellectualPropertyIndemnificationObligations
0
CY2017Q4 nano Intellectual Property Indemnification Obligations
IntellectualPropertyIndemnificationObligations
0
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
407000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
486000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
613000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
216326
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
132932
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
83394
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
83394
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.82
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.46
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
15.80
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
15.80
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M3D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y5M8D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y5M8D
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1748000
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1811000
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1811000
CY2018Q3 nano Share Based Compensation Arrangements By Share Based Payment Award Options Share Closing Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsShareClosingPrice
37.52
CY2017Q4 nano Share Based Compensation Arrangements By Share Based Payment Award Options Share Closing Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsShareClosingPrice
24.92
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1400000
CY2017Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2500000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2400000
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3212000
CY2017Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2447000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8229000
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2018Q3 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
500000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2018Q3 us-gaap Noncurrent Assets
NoncurrentAssets
43135000
CY2017Q4 us-gaap Noncurrent Assets
NoncurrentAssets
44810000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6775000

Files In Submission

Name View Source Status
0001564590-18-025853-index-headers.html Edgar Link pending
0001564590-18-025853-index.html Edgar Link pending
0001564590-18-025853.txt Edgar Link pending
0001564590-18-025853-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
nano-10q_20180929.htm Edgar Link pending
nano-20180929.xml Edgar Link completed
nano-20180929.xsd Edgar Link pending
nano-20180929_cal.xml Edgar Link unprocessable
nano-20180929_def.xml Edgar Link unprocessable
nano-20180929_lab.xml Edgar Link unprocessable
nano-20180929_pre.xml Edgar Link unprocessable
nano-ex311_8.htm Edgar Link pending
nano-ex312_9.htm Edgar Link pending
nano-ex321_6.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
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
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending