2021 Q2 Form 10-K Financial Statement

#000137536521000060 Filed on August 27, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2019
Revenue $1.069B $896.1M $3.500B
YoY Change 19.29% 4.9% 4.16%
Cost Of Revenue $923.5M $772.6M $3.005B
YoY Change 19.53% 6.98% 2.54%
Gross Profit $145.5M $123.5M $495.5M
YoY Change 17.81% -6.45% 15.24%
Gross Profit Margin 13.61% 13.78% 14.16%
Selling, General & Admin $47.50M $47.30M $218.4M
YoY Change 0.42% -15.08% 28.33%
% of Gross Profit 32.64% 38.29% 44.07%
Research & Development $58.93M $66.70M $179.9M
YoY Change -11.65% 44.37% 8.97%
% of Gross Profit 40.5% 54.0% 36.31%
Depreciation & Amortization $6.885M $7.500M $24.20M
YoY Change -8.2% 25.0% 10.78%
% of Gross Profit 4.73% 6.07% 4.88%
Operating Expenses $106.4M $114.1M $398.3M
YoY Change -6.72% 11.97% 18.79%
Operating Profit $39.08M $9.417M $97.23M
YoY Change 315.0% -68.75% 2.66%
Interest Expense -$635.0K -$600.0K $6.690M
YoY Change 5.83% -50.0% 16.84%
% of Operating Profit -1.62% -6.37% 6.88%
Other Income/Expense, Net -$1.471M -$700.0K -$1.020M
YoY Change 110.14% -58.82% 31.95%
Pretax Income $36.98M $8.100M $45.13M
YoY Change 356.48% -70.22% 14.55%
Income Tax -$1.605M -$6.900M $14.88M
% Of Pretax Income -4.34% -85.19% 32.98%
Net Earnings $39.16M $18.45M $71.92M
YoY Change 112.26% -22.18% 55.78%
Net Earnings / Revenue 3.66% 2.06% 2.05%
Basic Earnings Per Share $0.35 $1.44
Diluted Earnings Per Share $741.9K $0.34 $1.39
COMMON SHARES
Basic Shares Outstanding 49.93M shares 51.92M shares 49.92M shares
Diluted Shares Outstanding 51.72M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $232.3M $210.5M $248.2M
YoY Change 10.34% -15.19% 115.08%
Cash & Equivalents $232.3M $210.5M $248.2M
Short-Term Investments
Other Short-Term Assets $6.116M $4.507M $26.70M
YoY Change 35.7% 17.92% 50.0%
Inventory $1.041B $851.5M $670.2M
Prepaid Expenses $6.719M $7.075M
Receivables $463.8M $403.7M $393.6M
Other Receivables $99.92M $109.2M $83.10M
Total Short-Term Assets $1.867B $1.593B $1.422B
YoY Change 17.23% 12.03% -7.13%
LONG-TERM ASSETS
Property, Plant & Equipment $274.7M $233.8M $207.3M
YoY Change 17.51% 12.76% 5.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $4.578M $2.703M $4.200M
YoY Change 69.37% 58.91% -44.0%
Other Assets $32.13M $34.50M $49.30M
YoY Change -6.88% 223.66% 42.9%
Total Long-Term Assets $374.7M $325.9M $260.8M
YoY Change 14.98% 24.94% 9.3%
TOTAL ASSETS
Total Short-Term Assets $1.867B $1.593B $1.422B
Total Long-Term Assets $374.7M $325.9M $260.8M
Total Assets $2.242B $1.919B $1.683B
YoY Change 16.85% 14.03% -4.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $612.3M $417.7M $360.5M
YoY Change 46.61% 15.87% -31.62%
Accrued Expenses $178.9M $155.4M $78.20M
YoY Change 15.09% 35.51% 32.99%
Deferred Revenue $101.5M $106.2M
YoY Change -4.41% 12.75%
Short-Term Debt $63.49M $23.70M $23.60M
YoY Change 167.85% 0.24% -79.69%
Long-Term Debt Due $63.50M $23.70M
YoY Change 167.93%
Total Short-Term Liabilities $968.9M $707.6M $606.0M
YoY Change 36.92% 16.78% -25.33%
LONG-TERM LIABILITIES
Long-Term Debt $34.70M $5.697M $0.00
YoY Change 509.09%
Other Long-Term Liabilities $41.13M $42.00M $135.4M
YoY Change -2.06% 60.39% 18.46%
Total Long-Term Liabilities $75.83M $47.69M $135.4M
YoY Change 59.0% 82.15% 18.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $968.9M $707.6M $606.0M
Total Long-Term Liabilities $75.83M $47.69M $135.4M
Total Liabilities $1.146B $852.9M $741.6M
YoY Change 34.31% 15.04% -19.91%
SHAREHOLDERS EQUITY
Retained Earnings $657.8M $696.2M
YoY Change -5.52% 13.78%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $20.49M
YoY Change -100.0% 0.0%
Treasury Stock Shares 0.000 shares 1.333M shares
Shareholders Equity $1.096B $1.066B $941.0M
YoY Change
Total Liabilities & Shareholders Equity $2.242B $1.919B $1.683B
YoY Change 16.85% 14.03% -4.91%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2019
OPERATING ACTIVITIES
Net Income $39.16M $18.45M $71.92M
YoY Change 112.26% -22.18% 55.78%
Depreciation, Depletion And Amortization $6.885M $7.500M $24.20M
YoY Change -8.2% 25.0% 10.78%
Cash From Operating Activities $63.56M -$96.00M $262.6M
YoY Change -166.2% -217.22% 211.28%
INVESTING ACTIVITIES
Capital Expenditures -$13.42M -$9.400M $24.85M
YoY Change 42.72% 4.44% 0.1%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$13.42M -$9.500M -$24.85M
YoY Change 41.22% 5.56% -4.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.960M -1.600M -$95.83M
YoY Change -347.5% -1700.0% 88.52%
NET CHANGE
Cash From Operating Activities 63.56M -96.00M $262.6M
Cash From Investing Activities -13.42M -9.500M -$24.85M
Cash From Financing Activities 3.960M -1.600M -$95.83M
Net Change In Cash 54.10M -107.1M $141.8M
YoY Change -150.51% -246.71% 1768.93%
FREE CASH FLOW
Cash From Operating Activities $63.56M -$96.00M $262.6M
Capital Expenditures -$13.42M -$9.400M $24.85M
Free Cash Flow $76.97M -$86.60M $237.7M
YoY Change -188.88% -195.27% 299.35%

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CY2019 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2019 us-gaap Impairment Of Investments
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CY2019 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2019 us-gaap Increase Decrease In Other Noncurrent Liabilities
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CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CapitalExpendituresIncurredbutNotyetPaidRelatedParty
2223000 USD
CY2019 smci Capital Expenditures Incurredbut Notyet Paid Related Party
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2021 smci Noncash Contribution Equity Method Investment
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CY2020 smci Noncash Contribution Equity Method Investment
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CY2019 smci Noncash Contribution Equity Method Investment
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CY2021 us-gaap Use Of Estimates
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Use of EstimatesU.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Such estimates include, but are not limited to revenue recognition, allowances for doubtful accounts and sales returns, inventory valuation, useful lives of property, plant and equipment, product warranty accruals, stock-based compensation, impairment of investments and long-lived assets, and income taxes. The Company’s estimates are evaluated on an ongoing basis and changes in the estimates are recognized prospectively. Actual results could differ from those estimates. The Company considered estimates of the economic implications of the COVID-19 pandemic on its critical and significant accounting estimates, including an assessment of the collectability of each customer contract as part of the revenue recognition process, assessment of the valuation of accounts receivable, assessment of provision for excess and obsolete inventory and an impairment of long-lived assets.
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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CY2021 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
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CY2020 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
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2100000 USD
CY2019 us-gaap Research And Development Arrangement Contract To Perform For Others Compensation Earned
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2800000 USD
CY2021 us-gaap Advertising Expense
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3000000 USD
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2400000 USD
CY2021 us-gaap Net Income Loss
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111865000 USD
CY2020 us-gaap Net Income Loss
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84308000 USD
CY2019 us-gaap Net Income Loss
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71918000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51157000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50987000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49917000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2350000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1851000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1799000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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53507000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
52838000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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51716000 shares
CY2021 us-gaap Earnings Per Share Basic
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2.19
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.65
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.09
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.60
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentration of Supplier RiskCertain materials used by the Company in the manufacturing of its products are available from a limited number of suppliers. Shortages could occur in these materials due to an interruption of supply or increased demand in the industry.Concentration of Credit RiskFinancial instruments which potentially subject the Company to concentration of credit risk consist primarily of cash and cash equivalents, restricted cash, investment in an auction rate security and accounts receivable.
CY2021Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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100000 USD
CY2019 us-gaap Impairment Of Investments
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2700000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3557422000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3339281000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3500360000 USD
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3557422000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3339281000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3500360000 USD
CY2020Q2 us-gaap Contract With Customer Liability
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203800000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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101600000 USD
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
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-1500000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
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202300000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Percentage
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0.50
CY2021Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P12M
CY2021Q2 us-gaap Inventory Finished Goods Net Of Reserves
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761694000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
656817000 USD
CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
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80472000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
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38146000 USD
CY2021Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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198798000 USD
CY2020Q2 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
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156535000 USD
CY2021Q2 us-gaap Inventory Net
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1040964000 USD
CY2020Q2 us-gaap Inventory Net
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851498000 USD
CY2021 us-gaap Inventory Write Down
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6800000 USD
CY2020 us-gaap Inventory Write Down
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18400000 USD
CY2019 us-gaap Inventory Write Down
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32900000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
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420535000 USD
CY2020Q2 us-gaap Property Plant And Equipment Gross
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360531000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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145822000 USD
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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126746000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
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274713000 USD
CY2020Q2 us-gaap Property Plant And Equipment Net
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233785000 USD
CY2021Q2 smci Accounts Receivable Vendor Current
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99921000 USD
CY2020Q2 smci Accounts Receivable Vendor Current
AccountsReceivableVendorCurrent
96669000 USD
CY2021Q2 us-gaap Prepaid Taxes
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12288000 USD
CY2020Q2 us-gaap Prepaid Taxes
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14323000 USD
CY2021Q2 us-gaap Prepaid Expense Current
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6719000 USD
CY2020Q2 us-gaap Prepaid Expense Current
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7075000 USD
CY2021Q2 us-gaap Deferred Costs Current
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4900000 USD
CY2020Q2 us-gaap Deferred Costs Current
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4161000 USD
CY2021Q2 us-gaap Restricted Cash Current
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251000 USD
CY2020Q2 us-gaap Restricted Cash Current
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250000 USD
CY2021Q2 us-gaap Other Assets Current
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6116000 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
4507000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
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130195000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
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126985000 USD
CY2021Q2 smci Accounts Receivable Manufacturer Current
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76200000 USD
CY2020Q2 smci Accounts Receivable Manufacturer Current
AccountsReceivableManufacturerCurrent
83800000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
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20047000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
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23784000 USD
CY2021Q2 us-gaap Deferred Costs
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5421000 USD
CY2020Q2 us-gaap Deferred Costs
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4632000 USD
CY2021Q2 us-gaap Deposits Assets Noncurrent
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1669000 USD
CY2020Q2 us-gaap Deposits Assets Noncurrent
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1201000 USD
CY2021Q2 us-gaap Prepaid Expense Noncurrent
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1973000 USD
CY2020Q2 us-gaap Prepaid Expense Noncurrent
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1576000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
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1556000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities Noncurrent
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1571000 USD
CY2021Q2 us-gaap Restricted Cash Noncurrent
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932000 USD
CY2020Q2 us-gaap Restricted Cash Noncurrent
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1607000 USD
CY2021Q2 us-gaap Other Assets Miscellaneous Noncurrent
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528000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Noncurrent
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128000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32126000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
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34499000 USD
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
232266000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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210533000 USD
CY2021Q2 us-gaap Restricted Cash Current
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251000 USD
CY2020Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
250000 USD
CY2021Q2 us-gaap Restricted Cash Noncurrent
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932000 USD
CY2020Q2 us-gaap Restricted Cash Noncurrent
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1607000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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212390000 USD
CY2020Q2 us-gaap Accrued Marketing Costs Current
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5925000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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233449000 USD
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
45770000 USD
CY2020Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
33577000 USD
CY2021Q2 smci Payable Manufacturer
PayableManufacturer
45319000 USD
CY2020Q2 smci Payable Manufacturer
PayableManufacturer
36249000 USD
CY2021Q2 smci Accrued Customer Deposits Current
AccruedCustomerDepositsCurrent
32419000 USD
CY2020Q2 smci Accrued Customer Deposits Current
AccruedCustomerDepositsCurrent
9942000 USD
CY2021Q2 us-gaap Product Warranty Accrual Classified Current
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10185000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
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9984000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
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6322000 USD
CY2020Q2 us-gaap Operating Lease Liability Current
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6310000 USD
CY2021Q2 us-gaap Accrued Marketing Costs Current
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5652000 USD
CY2021Q2 us-gaap Accrued Professional Fees Current
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2737000 USD
CY2020Q2 us-gaap Accrued Professional Fees Current
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5661000 USD
CY2021Q2 us-gaap Loss Contingency Accrual Carrying Value Current
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0 USD
CY2020Q2 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
18114000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
30446000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
29639000 USD
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
178850000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
155401000 USD
CY2020Q1 smci Number Of Board Members Performance Awards
NumberOfBoardMembersPerformanceAwards
2 boardMember
CY2020Q1 smci Number Of Board Members Performance Awards
NumberOfBoardMembersPerformanceAwards
2 boardMember
CY2021 smci Number Of Board Members Performance Awards
NumberOfBoardMembersPerformanceAwards
2 boardMember
CY2021Q2 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
3600000 USD
CY2020Q2 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
2100000 USD
CY2021Q2 smci Unrecognized Bonus Compensation Expense
UnrecognizedBonusCompensationExpense
500000 USD
CY2021 smci Unrecognized Bonus Compensation Expense Period
UnrecognizedBonusCompensationExpensePeriod
P0Y2M4D
CY2021 smci Bonus Compensation Expense
BonusCompensationExpense
5800000 USD
CY2020 smci Bonus Compensation Expense
BonusCompensationExpense
2100000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4957000 USD
CY2021Q2 us-gaap Debt Longterm And Shortterm Combined Amount
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98190000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
29401000 USD
CY2021Q2 smci Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
63490000 USD
CY2020Q2 smci Short Term Debt And Long Term Debt Current Maturities
ShortTermDebtAndLongTermDebtCurrentMaturities
23704000 USD
CY2021Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
34700000 USD
CY2020Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
5697000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
63490000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
413000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4957000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
4957000 USD
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
19416000 USD
CY2021Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
98190000 USD
CY2021Q2 smci Accrued Unrecognized Tax Benefits Including Related Interestsand Penalties Noncurrent
AccruedUnrecognizedTaxBenefitsIncludingRelatedInterestsandPenaltiesNoncurrent
17841000 USD
CY2020Q2 smci Accrued Unrecognized Tax Benefits Including Related Interestsand Penalties Noncurrent
AccruedUnrecognizedTaxBenefitsIncludingRelatedInterestsandPenaltiesNoncurrent
15496000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
14539000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
18102000 USD
CY2021Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
2678000 USD
CY2020Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
2395000 USD
CY2021Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
6074000 USD
CY2020Q2 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
6002000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41132000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41995000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
7827000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
6993000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
7966000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
6411000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3538000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15229000 USD
CY2021 us-gaap Short Term Lease Payments
ShortTermLeasePayments
1800000 USD
CY2020 us-gaap Short Term Lease Payments
ShortTermLeasePayments
1300000 USD
CY2019 us-gaap Short Term Lease Payments
ShortTermLeasePayments
0 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6932000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5430000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4538000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4382000 USD
CY2021Q2 smci Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1017000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
22299000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1438000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
20861000 USD
CY2020Q4 smci Common Stock Retired To Treasury Stock Shares
CommonStockRetiredToTreasuryStockShares
2475419 shares
CY2021 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
4209211 shares
CY2021 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
130000000 USD
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
11.97
CY2020Q2 smci Stock Repurchased In Prior Period And Retired During Period Shares
StockRepurchasedInPriorPeriodAndRetiredDuringPeriodShares
1333125 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5379768 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28549000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
20189000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21184000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8574000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
6814000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4349000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
19975000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
13375000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
16835000 USD
CY2021Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
3448888 shares
CY2021Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
20.47
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
8301138 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.50
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
434320 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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18.58
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
1360823 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.94
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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7374635 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
18.02
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
273260 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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19.61
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1812000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
15.74
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
456127 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.38
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1517110 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
40.49
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1645800 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.25
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
75524 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
24.43
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5175554 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.17
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y4M9D
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
57099000 USD
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3448888 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
20.47
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y4M28D
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
50887000 USD
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
24300000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
19300000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
CY2021 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
9.24
CY2021 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
45.00
CY2021Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
5175554 shares
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