2020 Q4 Form 10-Q Financial Statement
#000117891320002995 Filed on November 04, 2020
Income Statement
Concept | 2020 Q4 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
Revenue | $358.1M | $338.1M | $331.9M |
YoY Change | -14.37% | -17.65% | 2.1% |
Cost Of Revenue | $247.8M | $230.0M | $228.9M |
YoY Change | -9.89% | -15.21% | 6.79% |
Gross Profit | $110.3M | $108.1M | $103.0M |
YoY Change | -22.97% | -22.4% | -6.96% |
Gross Profit Margin | 30.8% | 31.97% | 31.03% |
Selling, General & Admin | $46.90M | $36.85M | $34.90M |
YoY Change | 32.49% | 7.75% | -2.55% |
% of Gross Profit | 42.52% | 34.09% | 33.9% |
Research & Development | $47.50M | $40.82M | $38.10M |
YoY Change | 36.1% | 32.75% | 29.12% |
% of Gross Profit | 43.06% | 37.76% | 37.0% |
Depreciation & Amortization | $8.400M | $8.300M | $7.900M |
YoY Change | 21.74% | 18.57% | 11.27% |
% of Gross Profit | 7.62% | 7.68% | 7.67% |
Operating Expenses | $94.40M | $77.67M | $73.00M |
YoY Change | -6.53% | 152.61% | 11.76% |
Operating Profit | $15.90M | $30.39M | $29.97M |
YoY Change | -62.32% | -53.96% | -33.93% |
Interest Expense | $10.40M | $15.80M | $11.60M |
YoY Change | -6.31% | -192.94% | 1350.0% |
% of Operating Profit | 65.41% | 51.98% | 38.71% |
Other Income/Expense, Net | $11.57M | ||
YoY Change | 1396.12% | ||
Pretax Income | $24.80M | $46.16M | $41.53M |
YoY Change | -59.74% | -5.8% | -9.96% |
Income Tax | $7.200M | $2.408M | $4.862M |
% Of Pretax Income | 29.03% | 5.22% | 11.71% |
Net Earnings | $17.70M | $43.75M | $36.67M |
YoY Change | -66.48% | 5.1% | 10.69% |
Net Earnings / Revenue | 4.94% | 12.94% | 11.05% |
Basic Earnings Per Share | $0.74 | ||
Diluted Earnings Per Share | $332.1K | $824.9K | $0.70 |
COMMON SHARES | |||
Basic Shares Outstanding | 51.21M shares | 50.53M shares | 49.79M shares |
Diluted Shares Outstanding | 53.14M shares | 52.54M shares |
Balance Sheet
Concept | 2020 Q4 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.031B | $1.179B | $544.8M |
YoY Change | 221.35% | 248.21% | 86.51% |
Cash & Equivalents | $827.1M | $1.048B | $428.4M |
Short-Term Investments | $143.7M | $110.6M | $113.0M |
Other Short-Term Assets | $138.0M | $86.10M | $82.00M |
YoY Change | -3.43% | 23.35% | 58.61% |
Inventory | $331.7M | $297.0M | $264.5M |
Prepaid Expenses | |||
Receivables | $218.7M | $183.1M | $181.7M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.719B | $1.745B | $1.073B |
YoY Change | 84.33% | 109.03% | 46.88% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $303.4M | $294.7M | $263.4M |
YoY Change | 71.45% | 96.89% | 87.87% |
Goodwill | $140.5M | ||
YoY Change | 8.35% | ||
Intangibles | $67.82M | ||
YoY Change | -8.36% | ||
Long-Term Investments | $147.4M | $21.00M | $45.70M |
YoY Change | 14.18% | -79.1% | -48.13% |
Other Assets | $5.353M | $5.609M | $27.30M |
YoY Change | -45.95% | -26.84% | 222.89% |
Total Long-Term Assets | $717.8M | $533.3M | $532.8M |
YoY Change | 27.75% | 6.07% | 8.48% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.719B | $1.745B | $1.073B |
Total Long-Term Assets | $717.8M | $533.3M | $532.8M |
Total Assets | $2.437B | $2.278B | $1.606B |
YoY Change | 63.06% | 70.33% | 31.44% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $162.1M | $122.1M | $158.3M |
YoY Change | 3.12% | -7.66% | 35.54% |
Accrued Expenses | $47.76M | $152.4M | $137.2M |
YoY Change | 19.88% | 21.53% | 29.43% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $16.90M | $15.60M | $15.30M |
YoY Change | 7.64% | -7.69% | -7.27% |
Total Short-Term Liabilities | $436.1M | $382.5M | $405.1M |
YoY Change | -0.14% | 14.05% | 37.89% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $599.5M | $570.3M | $0.00 |
YoY Change | 22957.69% | 11538.78% | -100.0% |
Other Long-Term Liabilities | $22.78M | $18.70M | $274.8M |
YoY Change | 94.17% | 12.23% | 1421.43% |
Total Long-Term Liabilities | $915.3M | $863.7M | $274.8M |
YoY Change | 271.69% | 225.94% | 10.87% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $436.1M | $382.5M | $405.1M |
Total Long-Term Liabilities | $915.3M | $863.7M | $274.8M |
Total Liabilities | $1.351B | $1.246B | $681.0M |
YoY Change | 97.87% | 107.57% | 25.73% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $478.0M | ||
YoY Change | 41.55% | ||
Common Stock | $5.000K | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.086B | $1.032B | $924.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.437B | $2.278B | $1.606B |
YoY Change | 63.06% | 70.33% | 31.44% |
Cashflow Statement
Concept | 2020 Q4 | 2020 Q3 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $17.70M | $43.75M | $36.67M |
YoY Change | -66.48% | 5.1% | 10.69% |
Depreciation, Depletion And Amortization | $8.400M | $8.300M | $7.900M |
YoY Change | 21.74% | 18.57% | 11.27% |
Cash From Operating Activities | $27.30M | $28.30M | $59.40M |
YoY Change | -67.15% | -58.81% | 17.16% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$36.20M | -$36.90M | -$26.60M |
YoY Change | 10.03% | 110.86% | 129.31% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$201.1M | $10.70M | $73.50M |
YoY Change | 226.46% | -5.31% | -469.35% |
Cash From Investing Activities | -$237.3M | -$26.20M | $46.80M |
YoY Change | 151.11% | 322.58% | -248.57% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.200M | 628.3M | 5.700M |
YoY Change | -168.09% | -69911.11% | -108.8% |
NET CHANGE | |||
Cash From Operating Activities | 27.30M | 28.30M | 59.40M |
Cash From Investing Activities | -237.3M | -26.20M | 46.80M |
Cash From Financing Activities | 3.200M | 628.3M | 5.700M |
Net Change In Cash | -206.8M | 630.4M | 111.9M |
YoY Change | 1184.47% | 923.38% | -345.39% |
FREE CASH FLOW | |||
Cash From Operating Activities | $27.30M | $28.30M | $59.40M |
Capital Expenditures | -$36.20M | -$36.90M | -$26.60M |
Free Cash Flow | $63.50M | $65.20M | $86.00M |
YoY Change | -45.26% | -24.36% | 38.04% |
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39561000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
195429000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
175934000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
116419000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
119570000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
90553000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
39679000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
36781000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
103711000 | USD | |
sedg |
Withdrawal From Investment In Restricted Bank Deposit
WithdrawalFromInvestmentInRestrictedBankDeposit
|
-25538000 | USD | |
sedg |
Withdrawal From Investment In Restricted Bank Deposit
WithdrawalFromInvestmentInRestrictedBankDeposit
|
243000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
USD | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
38435000 | USD | |
sedg |
Withdrawal From Bank Deposits
WithdrawalFromBankDeposits
|
14667000 | USD | |
sedg |
Withdrawal From Bank Deposits
WithdrawalFromBankDeposits
|
-4101000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-743000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
USD | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
699000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-58397000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
618269000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
USD | ||
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
15194000 | USD | |
us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
5142000 | USD | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
15185000 | USD | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
232000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
19205000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4940000 | USD | |
sedg |
Change In Noncontrolling Interests
ChangeInNoncontrollingInterests
|
USD | ||
sedg |
Change In Noncontrolling Interests
ChangeInNoncontrollingInterests
|
67089000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-152000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-1248000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
637313000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-68307000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
833441000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
49230000 | USD | |
CY2019Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
223901000 | USD |
CY2018Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
187764000 | USD |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-9233000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
10348000 | USD | |
CY2020Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
1048109000 | USD |
CY2019Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
247342000 | USD |
us-gaap |
Contribution Of Property
ContributionOfProperty
|
10438000 | USD | |
us-gaap |
Contribution Of Property
ContributionOfProperty
|
USD | ||
sedg |
Operating Lease Of Right Of Use Asset
OperatingLeaseOfRightOfUseAsset
|
796000 | USD | |
sedg |
Operating Lease Of Right Of Use Asset
OperatingLeaseOfRightOfUseAsset
|
36174000 | USD | |
CY2020Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
116339000 | USD |
CY2019Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
64714000 | USD |
CY2020Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
22536000 | USD |
CY2019Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
20752000 | USD |
CY2020Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
158152000 | USD |
CY2019Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
85332000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
297027000 | USD |
CY2019Q4 | us-gaap |
Inventory Net
InventoryNet
|
170798000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
109704000 | USD |
CY2020Q3 | sedg |
Available For Sale Securities Debt Maturities Within One Year Gross Unrealized Gains
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains
|
892000 | USD |
CY2020Q3 | sedg |
Available For Sale Securities Debt Maturities Within One Year Gross Unrealized Losses
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses
|
-11000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
110585000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
130526000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
1076000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
14000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
131588000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
119090000 | USD |
CY2019Q4 | sedg |
Available For Sale Securities Debt Maturities After One Through Five Years Gross Unrealized Gains
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains
|
336000 | USD |
CY2019Q4 | sedg |
Available For Sale Securities Debt Maturities After One Through Five Years Gross Unrealized Losses
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses
|
-250000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
119176000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
210767000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
532000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
278000 | USD |
CY2019Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
211021000 | USD |
CY2019Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
172563000 | USD |
CY2018Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
121826000 | USD |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
74465000 | USD | |
us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
79791000 | USD | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
51334000 | USD | |
us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
30263000 | USD | |
CY2020Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
195694000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
171354000 | USD |
CY2020Q3 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
65080000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
45887000 | USD |
CY2020Q3 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
130614000 | USD |
CY2019Q3 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
125467000 | USD |
CY2020Q3 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
780000 | USD |
CY2020Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1119000 | USD |
CY2020Q3 | sedg |
Gain Loss Of Financial Expenses Net
GainLossOfFinancialExpensesNet
|
1450000 | USD |
sedg |
Gain Loss Of Financial Expenses Net
GainLossOfFinancialExpensesNet
|
959000 | USD | |
CY2020Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
6690000 | USD |
CY2019Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
2473000 | USD |
us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
4595000 | USD | |
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
378000 | USD | |
CY2020Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
632500000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
48703000 | USD |
CY2020Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
13465000 | USD |
CY2020Q3 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
570332000 | USD |
CY2020Q3 | sedg |
Amount Allocated To Conversion Option
AmountAllocatedToConversionOption
|
48834000 | USD |
CY2020Q3 | sedg |
Deferred Taxes
DeferredTaxes
|
11368000 | USD |
CY2020Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1130000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
|
36336000 | USD |
CY2020Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
131000 | USD |
CY2020Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
37000 | USD |
CY2020Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
168000 | USD |
CY2020Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
326661000 | USD |
CY2020Q3 | us-gaap |
Provision For Loss On Contracts
ProvisionForLossOnContracts
|
3118000 | USD |
CY2020Q3 | us-gaap |
Purchase Obligation
PurchaseObligation
|
114526000 | USD |
us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
4250000 | USD | |
us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
1550000 | USD | |
CY2019Q3 | sedg |
Difference Amount Of Tendered Shares For Shareholders Of Smre
DifferenceAmountOfTenderedSharesForShareholdersOfSmre
|
3150000 | USD |
CY2020Q3 | sedg |
Accured Amount Of Legal Claims
AccuredAmountOfLegalClaims
|
1709000 | USD |
CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
125000000 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
51207310 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49081457 | shares |
CY2020Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
51207310 | shares |
CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
48898062 | shares |
CY2020Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
16259000 | USD |
CY2019Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
17609000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
42993000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
38685000 | USD | |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
43751000 | USD |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47637023 | shares | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
41627000 | USD |
CY2020Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
207529000 | USD |
CY2019Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
334096 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
304725 | shares | |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
43751000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
41724000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
122667000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
92612000 | USD | |
CY2020Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | |
CY2019Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-97000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1159000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
122667000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
93771000 | USD | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50529691 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48195020 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49842399 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47637023 | shares | |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
43751000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
41724000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
122667000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
92612000 | USD | |
CY2020Q3 | sedg |
Notes Due Interest
NotesDueInterest
|
137000 | USD |
CY2019Q3 | sedg |
Notes Due Interest
NotesDueInterest
|
USD | |
sedg |
Notes Due Interest
NotesDueInterest
|
137000 | USD | |
sedg |
Notes Due Interest
NotesDueInterest
|
USD | ||
CY2020Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | |
CY2019Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-97000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1159000 | USD | |
CY2020Q3 | us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
USD | |
CY2019Q3 | us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
-270000 | USD |
us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
USD | ||
us-gaap |
Undistributed Earnings Diluted
UndistributedEarningsDiluted
|
-569000 | USD | |
CY2020Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
43888000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
41357000 | USD |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
122804000 | USD | |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
93202000 | USD | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50529691 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48195020 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49842399 | shares | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
53144188 | shares |
CY2020Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2416513 | shares |
CY2019Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2715281 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
shares | ||
CY2020Q3 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
shares | |
CY2019Q3 | us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
334096 | shares |
us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
shares | ||
us-gaap |
Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
|
304725 | shares | |
CY2020Q3 | sedg |
Notes Due
NotesDue
|
197984 | shares |
CY2019Q3 | sedg |
Notes Due
NotesDue
|
3220670 | shares |
sedg |
Notes Due
NotesDue
|
65995 | shares | |
sedg |
Notes Due
NotesDue
|
2603340 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51081594 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
52623675 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
49935638 | shares | |
CY2019 | us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
4900000 | USD |
CY2020Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
2976000 | USD |
CY2019Q3 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
10418000 | USD |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
23717000 | USD | |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
29327000 | USD | |
CY2020Q3 | sedg |
Deferred Income Tax And Others
DeferredIncomeTaxAndOthers
|
568000 | USD |
CY2019Q3 | sedg |
Deferred Income Tax And Others
DeferredIncomeTaxAndOthers
|
3148000 | USD |
sedg |
Deferred Income Tax And Others
DeferredIncomeTaxAndOthers
|
7525000 | USD | |
sedg |
Deferred Income Tax And Others
DeferredIncomeTaxAndOthers
|
4922000 | USD | |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2408000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7270000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16192000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
24405000 | USD | |
CY2019Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
9532000 | USD |
CY2018Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
8499000 | USD |
us-gaap |
Revenues
Revenues
|
1101164000 | USD | |
us-gaap |
Revenues
Revenues
|
1007437000 | USD | |
CY2019Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
66017000 | USD |
us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
602000 | USD | |
CY2019 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
1033000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
10134000 | USD |
CY2019Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
9532000 | USD |
CY2020Q3 | us-gaap |
Revenues
Revenues
|
338095000 | USD |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
410556000 | USD |
CY2020Q3 | sedg |
Solar Segment Profit
SolarSegmentProfit
|
56671000 | USD |
CY2019Q3 | sedg |
Solar Segment Profit
SolarSegmentProfit
|
89548000 | USD |
sedg |
Solar Segment Profit
SolarSegmentProfit
|
199231000 | USD | |
sedg |
Solar Segment Profit
SolarSegmentProfit
|
200590000 | USD | |
CY2020Q3 | sedg |
All Other Segment Loss
AllOtherSegmentLoss
|
6627000 | USD |
CY2019Q3 | sedg |
All Other Segment Loss
AllOtherSegmentLoss
|
329000 | USD |
sedg |
All Other Segment Loss
AllOtherSegmentLoss
|
23857000 | USD | |
sedg |
All Other Segment Loss
AllOtherSegmentLoss
|
9130000 | USD | |
CY2020Q3 | sedg |
Segments Operating Profit
SegmentsOperatingProfit
|
50044000 | USD |
CY2019Q3 | sedg |
Segments Operating Profit
SegmentsOperatingProfit
|
89219000 | USD |
sedg |
Segments Operating Profit
SegmentsOperatingProfit
|
175374000 | USD | |
sedg |
Segments Operating Profit
SegmentsOperatingProfit
|
191460000 | USD | |
CY2020Q3 | us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
16259000 | USD |
CY2019Q3 | us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
11367000 | USD |
us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
42993000 | USD | |
us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
32443000 | USD | |
CY2020Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-2833000 | USD |
CY2019Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-3409000 | USD |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-8169000 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-8671000 | USD | |
CY2020Q3 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
USD | |
CY2019Q3 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
USD | |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
4900000 | USD | |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
USD | ||
CY2020Q3 | sedg |
Cost Of Products Adjustment
CostOfProductsAdjustment
|
USD | |
CY2019Q3 | sedg |
Cost Of Products Adjustment
CostOfProductsAdjustment
|
-107000 | USD |
sedg |
Cost Of Products Adjustment
CostOfProductsAdjustment
|
-313000 | USD | |
sedg |
Cost Of Products Adjustment
CostOfProductsAdjustment
|
-1108000 | USD | |
CY2020Q3 | sedg |
Other Unallocated Amounts
OtherUnallocatedAmounts
|
-558000 | USD |
CY2019Q3 | sedg |
Other Unallocated Amounts
OtherUnallocatedAmounts
|
-14000 | USD |
sedg |
Other Unallocated Amounts
OtherUnallocatedAmounts
|
-558000 | USD | |
sedg |
Other Unallocated Amounts
OtherUnallocatedAmounts
|
-1515000 | USD | |
CY2020Q3 | sedg |
Non Recurring Expenses
NonRecurringExpenses
|
USD | |
CY2019Q3 | sedg |
Non Recurring Expenses
NonRecurringExpenses
|
-8305000 | USD |
sedg |
Non Recurring Expenses
NonRecurringExpenses
|
USD | ||
sedg |
Non Recurring Expenses
NonRecurringExpenses
|
-8305000 | USD | |
CY2020Q3 | sedg |
Intersegment Profit
IntersegmentProfit
|
USD | |
CY2019Q3 | sedg |
Intersegment Profit
IntersegmentProfit
|
USD | |
sedg |
Intersegment Profit
IntersegmentProfit
|
-107000 | USD | |
sedg |
Intersegment Profit
IntersegmentProfit
|
USD | ||
CY2020Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
30394000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
128134000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
139418000 | USD |