2021 Q1 Form 10-Q Financial Statement
#000117891321001589 Filed on May 04, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $405.5M | $431.2M |
YoY Change | -5.97% | 58.61% |
Cost Of Revenue | $265.4M | $291.2M |
YoY Change | -8.86% | 56.77% |
Gross Profit | $140.1M | $140.0M |
YoY Change | 0.05% | 62.59% |
Gross Profit Margin | 34.54% | 32.47% |
Selling, General & Admin | $46.76M | $40.44M |
YoY Change | 15.63% | 26.91% |
% of Gross Profit | 33.38% | 28.88% |
Research & Development | $46.98M | $36.70M |
YoY Change | 28.02% | 40.06% |
% of Gross Profit | 33.54% | 26.21% |
Depreciation & Amortization | $6.887M | $5.004M |
YoY Change | 37.63% | 29.3% |
% of Gross Profit | 4.92% | 3.57% |
Operating Expenses | $95.95M | $72.23M |
YoY Change | 32.83% | 24.41% |
Operating Profit | $44.13M | $67.78M |
YoY Change | -34.89% | 141.64% |
Interest Expense | -$6.100M | -$16.60M |
YoY Change | -63.25% | 167.74% |
% of Operating Profit | -13.82% | -24.49% |
Other Income/Expense, Net | -$6.097M | -$16.61M |
YoY Change | -63.28% | 169.96% |
Pretax Income | $38.03M | $51.17M |
YoY Change | -25.68% | 133.68% |
Income Tax | $7.955M | $8.922M |
% Of Pretax Income | 20.92% | 17.44% |
Net Earnings | $30.08M | $42.25M |
YoY Change | -28.81% | 122.17% |
Net Earnings / Revenue | 7.42% | 9.8% |
Basic Earnings Per Share | $0.58 | $0.86 |
Diluted Earnings Per Share | $0.55 | $0.81 |
COMMON SHARES | ||
Basic Shares Outstanding | 51.73M shares | 49.19M shares |
Diluted Shares Outstanding | 56.00M shares | 52.17M shares |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $867.9M | $427.3M |
YoY Change | 103.11% | 25.82% |
Cash & Equivalents | $685.2M | $324.1M |
Short-Term Investments | $139.1M | $95.10M |
Other Short-Term Assets | $105.5M | $94.40M |
YoY Change | 11.76% | 138.38% |
Inventory | $340.0M | $198.6M |
Prepaid Expenses | ||
Receivables | $271.7M | $235.7M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $1.585B | $955.9M |
YoY Change | 65.82% | 33.23% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $352.0M | $196.0M |
YoY Change | 79.61% | 19.65% |
Goodwill | $125.5M | |
YoY Change | ||
Intangibles | $69.11M | |
YoY Change | ||
Long-Term Investments | $294.8M | $103.9M |
YoY Change | 183.73% | 49.28% |
Other Assets | $33.80M | $8.454M |
YoY Change | 299.81% | -42.1% |
Total Long-Term Assets | $879.5M | $557.9M |
YoY Change | 57.64% | 21.45% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.585B | $955.9M |
Total Long-Term Assets | $879.5M | $557.9M |
Total Assets | $2.465B | $1.514B |
YoY Change | 62.8% | 28.63% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $122.1M | $139.1M |
YoY Change | -12.25% | 54.25% |
Accrued Expenses | $174.9M | $134.6M |
YoY Change | 29.94% | 46.46% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $16.20M | $15.00M |
YoY Change | 8.0% | -12.79% |
Total Short-Term Liabilities | $397.7M | $389.7M |
YoY Change | 2.06% | 57.07% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $644.3M | $0.00 |
YoY Change | -100.0% | |
Other Long-Term Liabilities | $13.33M | $10.97M |
YoY Change | 21.47% | -94.92% |
Total Long-Term Liabilities | $966.9M | $257.7M |
YoY Change | 275.16% | 15.68% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $397.7M | $389.7M |
Total Long-Term Liabilities | $966.9M | $257.7M |
Total Liabilities | $1.365B | $647.4M |
YoY Change | 110.79% | 17.58% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $511.0M | $379.9M |
YoY Change | 34.49% | |
Common Stock | $5.000K | $5.000K |
YoY Change | 0.0% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.100B | $866.4M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.465B | $1.514B |
YoY Change | 62.8% | 28.63% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $30.08M | $42.25M |
YoY Change | -28.81% | 122.17% |
Depreciation, Depletion And Amortization | $6.887M | $5.004M |
YoY Change | 37.63% | 29.3% |
Cash From Operating Activities | $24.08M | $107.7M |
YoY Change | -77.65% | 90.87% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $24.55M | $27.05M |
YoY Change | -9.27% | 154.74% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$571.0K | -$36.00K |
YoY Change | 1486.11% | -99.64% |
Cash From Investing Activities | -$153.6M | -$19.92M |
YoY Change | 670.84% | 16.89% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$2.062M | $3.315M |
YoY Change | -162.2% | -226.05% |
NET CHANGE | ||
Cash From Operating Activities | $24.08M | $107.7M |
Cash From Investing Activities | -$153.6M | -$19.92M |
Cash From Financing Activities | -$2.062M | $3.315M |
Net Change In Cash | -$131.6M | $91.14M |
YoY Change | -244.36% | 147.82% |
FREE CASH FLOW | ||
Cash From Operating Activities | $24.08M | $107.7M |
Capital Expenditures | $24.55M | $27.05M |
Free Cash Flow | -$462.0K | $80.69M |
YoY Change | -100.57% | 76.07% |
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ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
42333000 | USD |
CY2021Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
24545000 | USD |
CY2020Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
27053000 | USD |
CY2021Q1 | sedg |
Withdrawal From Bank Deposits
WithdrawalFromBankDeposits
|
-16470000 | USD |
CY2020Q1 | sedg |
Withdrawal From Bank Deposits
WithdrawalFromBankDeposits
|
3316000 | USD |
CY2021Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-571000 | USD |
CY2020Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-36000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-153582000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-19924000 | USD |
CY2021Q1 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
34000 | USD |
CY2020Q1 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
15232000 | USD |
CY2021Q1 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
USD | |
CY2020Q1 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
15295000 | USD |
CY2021Q1 | sedg |
Proceeds From Exercise Of Stockbased Awards Net Of Tax Withholdings
ProceedsFromExerciseOfStockbasedAwardsNetOfTaxWithholdings
|
-1716000 | USD |
CY2020Q1 | sedg |
Proceeds From Exercise Of Stockbased Awards Net Of Tax Withholdings
ProceedsFromExerciseOfStockbasedAwardsNetOfTaxWithholdings
|
3308000 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2062000 | USD |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3315000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-131561000 | USD |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
91136000 | USD |
CY2020Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
827146000 | USD |
CY2019Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
223901000 | USD |
CY2021Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-10428000 | USD |
CY2020Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
9035000 | USD |
CY2021Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
685157000 | USD |
CY2020Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
324072000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
291121000 | USD |
CY2021Q1 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
142916000 | USD |
CY2020Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
128363000 | USD |
CY2021Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
26686000 | USD |
CY2020Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
25461000 | USD |
CY2021Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
170436000 | USD |
CY2020Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
177872000 | USD |
CY2021Q1 | us-gaap |
Inventory Net
InventoryNet
|
340038000 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
331696000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
138957000 | USD |
CY2021Q1 | sedg |
Available For Sale Securities Debt Maturities Within One Year Gross Unrealized Gains
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains
|
220000 | USD |
CY2021Q1 | sedg |
Available For Sale Securities Debt Maturities Within One Year Gross Unrealized Losses
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses
|
-98000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
139079000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
296118000 | USD |
CY2021Q1 | sedg |
Available For Sale Securities Debt Maturities After One Through Five Years Gross Unrealized Gains
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains
|
31000 | USD |
CY2021Q1 | sedg |
Available For Sale Securities Debt Maturities After One Through Five Years Gross Unrealized Losses
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses
|
-1321000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
294828000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
435075000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
251000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
1419000 | USD |
CY2021Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
433907000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
|
143224000 | USD |
CY2020Q4 | sedg |
Available For Sale Securities Debt Maturities Within One Year Gross Unrealized Gains
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedGains
|
520000 | USD |
CY2020Q4 | sedg |
Available For Sale Securities Debt Maturities Within One Year Gross Unrealized Losses
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearGrossUnrealizedLosses
|
-57000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
143687000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
|
147596000 | USD |
CY2020Q4 | sedg |
Available For Sale Securities Debt Maturities After One Through Five Years Gross Unrealized Gains
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedGains
|
65000 | USD |
CY2020Q4 | sedg |
Available For Sale Securities Debt Maturities After One Through Five Years Gross Unrealized Losses
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsGrossUnrealizedLosses
|
-227000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
147434000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
290820000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
585000 | USD |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
284000 | USD |
CY2021Q1 | sedg |
Amount Allocated To Conversion Option
AmountAllocatedToConversionOption
|
USD | |
CY2021Q1 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
449000 | USD |
CY2020Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
3786000 | USD |
CY2021Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
146000 | USD |
CY2020Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
5819000 | USD |
CY2021Q1 | sedg |
Gain Loss Of Financial Expenses Net
GainLossOfFinancialExpensesNet
|
3536000 | USD |
CY2021Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-128000 | USD |
CY2020Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
538000 | USD |
CY2021Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
632500000 | USD |
CY2020Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
632500000 | USD |
CY2021Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
USD | |
CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
46353000 | USD |
CY2021Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
13143000 | USD |
CY2020Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
12797000 | USD |
CY2021Q1 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
619357000 | USD |
CY2020Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
573350000 | USD |
CY2020Q4 | sedg |
Amount Allocated To Conversion Option
AmountAllocatedToConversionOption
|
48834000 | USD |
CY2021Q1 | sedg |
Deferred Taxes
DeferredTaxes
|
USD | |
CY2020Q4 | sedg |
Deferred Taxes
DeferredTaxes
|
11368000 | USD |
CY2021Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
USD | |
CY2020Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1130000 | USD |
CY2021Q1 | us-gaap |
Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
|
USD | |
CY2020Q4 | us-gaap |
Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
|
36336000 | USD |
CY2021Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
724000 | USD |
CY2020Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
204994000 | USD |
CY2019Q4 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
172563000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
29971000 | USD |
CY2020Q1 | us-gaap |
Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
|
26373000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
17012000 | USD |
CY2020Q1 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
12679000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
217953000 | USD |
CY2020Q1 | us-gaap |
Product Warranty Accrual
ProductWarrantyAccrual
|
186257000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
63443000 | USD |
CY2020Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
70158000 | USD |
CY2021Q1 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
154510000 | USD |
CY2020Q1 | us-gaap |
Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
|
116099000 | USD |
CY2021Q1 | us-gaap |
Contractual Obligation
ContractualObligation
|
699325000 | USD |
CY2021Q1 | us-gaap |
Provision For Loss On Contracts
ProvisionForLossOnContracts
|
5009000 | USD |
CY2021Q1 | us-gaap |
Purchase Obligation
PurchaseObligation
|
84811000 | USD |
CY2021Q1 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
1607000 | USD |
CY2021Q1 | us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
7700000 | USD |
CY2021Q1 | sedg |
Accured Amount Of Legal Claims
AccuredAmountOfLegalClaims
|
9265000 | USD |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
10000000 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
2216841 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
103.79 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
36815 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
316.81 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
252326 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
68.33 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
18439 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
96.59 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
1982891 | shares |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
113.08 | |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23153000 | USD |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
12773000 | USD |
CY2021Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
224436000 | USD |
CY2021Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10757 | shares |
CY2020Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
30076000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
42248000 | USD |
CY2021Q1 | sedg |
Weighted Average Number Of Shares Outstanding Basic1
WeightedAverageNumberOfSharesOutstandingBasic1
|
51726998 | shares |
CY2020Q1 | sedg |
Weighted Average Number Of Shares Outstanding Basic1
WeightedAverageNumberOfSharesOutstandingBasic1
|
49193240 | shares |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
30076000 | USD |
CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
42248000 | USD |
CY2021Q1 | sedg |
Notes Due Interest
NotesDueInterest
|
534000 | USD |
CY2020Q1 | sedg |
Notes Due Interest
NotesDueInterest
|
USD | |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
30610000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
42248000 | USD |
CY2021Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51726998 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49193240 | shares |
CY2021Q1 | sedg |
Notes Due
NotesDue
|
2276818 | shares |
CY2020Q1 | sedg |
Notes Due
NotesDue
|
shares | |
CY2021Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1993320 | shares |
CY2020Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2979480 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
55997136 | shares |
CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
52172720 | shares |
CY2021Q1 | us-gaap |
Revenues
Revenues
|
405489000 | USD |
CY2020Q1 | us-gaap |
Revenues
Revenues
|
431218000 | USD |
CY2021Q1 | sedg |
Settlement Of Preacquisition Legal Claim Against Kokam
SettlementOfPreacquisitionLegalClaimAgainstKokam
|
USD | |
CY2020Q1 | sedg |
Settlement Of Preacquisition Legal Claim Against Kokam
SettlementOfPreacquisitionLegalClaimAgainstKokam
|
-4900000 | USD |
CY2021Q1 | sedg |
Writeoff Of Property Plant And Equipment
WriteoffOfPropertyPlantAndEquipment
|
2209000 | USD |
CY2020Q1 | sedg |
Writeoff Of Property Plant And Equipment
WriteoffOfPropertyPlantAndEquipment
|
USD | |
CY2021Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-2209000 | USD |
CY2020Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
4900000 | USD |
CY2021Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.209 | pure |
CY2020Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.174 | pure |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
10630000 | USD |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
10564000 | USD |
CY2021Q1 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
152000 | USD |
CY2020Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
127000 | USD |
CY2021Q1 | us-gaap |
Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
8937000 | USD |
CY2021Q1 | sedg |
Solar Segment Profit
SolarSegmentProfit
|
85538000 | USD |
CY2020Q1 | sedg |
Solar Segment Profit
SolarSegmentProfit
|
87970000 | USD |
CY2021Q1 | sedg |
All Other Segment Loss
AllOtherSegmentLoss
|
13630000 | USD |
CY2020Q1 | sedg |
All Other Segment Loss
AllOtherSegmentLoss
|
9323000 | USD |
CY2021Q1 | sedg |
Segments Operating Profit
SegmentsOperatingProfit
|
71908000 | USD |
CY2020Q1 | sedg |
Segments Operating Profit
SegmentsOperatingProfit
|
78647000 | USD |
CY2021Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
23153000 | USD |
CY2020Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
|
12773000 | USD |
CY2021Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-2569000 | USD |
CY2020Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
-2686000 | USD |
CY2021Q1 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
USD | |
CY2020Q1 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
4900000 | USD |
CY2021Q1 | sedg |
Cost Of Products Adjustment
CostOfProductsAdjustment
|
USD | |
CY2020Q1 | sedg |
Cost Of Products Adjustment
CostOfProductsAdjustment
|
-313000 | USD |
CY2021Q1 | sedg |
Other Unallocated Amounts
OtherUnallocatedAmounts
|
-2058000 | USD |
CY2020Q1 | sedg |
Other Unallocated Amounts
OtherUnallocatedAmounts
|
USD | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
44128000 | USD |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
67775000 | USD |