2024 Q3 Form 10-Q Financial Statement

#000010198424000132 Filed on August 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $102.1M $90.45M
YoY Change -4.69% -15.77%
Cost Of Revenue $71.34M $64.50M
YoY Change -17.7% -22.08%
Gross Profit $30.73M $25.95M
YoY Change 50.56% 5.42%
Gross Profit Margin 30.11% 28.69%
Selling, General & Admin $22.87M $21.33M
YoY Change -0.97% -15.57%
% of Gross Profit 74.42% 82.19%
Research & Development $7.338M $7.520M
YoY Change -4.18% -11.36%
% of Gross Profit 23.88% 28.98%
Depreciation & Amortization $3.000M $3.300M
YoY Change -34.78% -45.14%
% of Gross Profit 9.76% 12.72%
Operating Expenses $30.21M $28.85M
YoY Change -1.77% -14.52%
Operating Profit $418.0K -$4.453M
YoY Change -102.98% -51.24%
Interest Expense -$891.0K -$843.0K
YoY Change -26.73% -54.23%
% of Operating Profit -213.16%
Other Income/Expense, Net $274.0K -$89.00K
YoY Change -132.2% -306.98%
Pretax Income -$199.0K -$5.385M
YoY Change -98.76% -50.74%
Income Tax $2.500M $2.800M
% Of Pretax Income
Net Earnings -$2.658M -$8.193M
YoY Change -86.27% -21.3%
Net Earnings / Revenue -2.6% -9.06%
Basic Earnings Per Share -$0.20 -$0.63
Diluted Earnings Per Share -$0.20 -$0.63
COMMON SHARES
Basic Shares Outstanding 12.98M shares 12.89M shares
Diluted Shares Outstanding 12.99M shares 12.92M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.29M $23.13M
YoY Change -56.26% -58.57%
Cash & Equivalents $26.29M $23.13M
Short-Term Investments
Other Short-Term Assets $9.664M $11.13M
YoY Change 66.62% 94.21%
Inventory $88.94M $87.49M
Prepaid Expenses
Receivables $100.9M $93.11M
Other Receivables $5.686M $5.691M
Total Short-Term Assets $237.3M $226.1M
YoY Change -15.98% -19.45%
LONG-TERM ASSETS
Property, Plant & Equipment $37.61M $39.26M
YoY Change -19.31% -50.02%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.405M $1.404M
YoY Change -9.82% -80.54%
Total Long-Term Assets $83.99M $87.87M
YoY Change -12.46% -20.99%
TOTAL ASSETS
Total Short-Term Assets $237.3M $226.1M
Total Long-Term Assets $83.99M $87.87M
Total Assets $321.3M $314.0M
YoY Change -15.09% -19.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $62.79M $55.52M
YoY Change 14.62% 16.0%
Accrued Expenses $40.67M $38.98M
YoY Change -9.83% -12.89%
Deferred Revenue $3.324M $4.017M
YoY Change 60.97% 83.26%
Short-Term Debt $39.85M $41.00M
YoY Change -46.86% -45.33%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $147.7M $141.0M
YoY Change -19.05% -19.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $728.0K $719.0K
YoY Change -1.49% -95.42%
Total Long-Term Liabilities $728.0K $719.0K
YoY Change -1.49% -95.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $147.7M $141.0M
Total Long-Term Liabilities $728.0K $719.0K
Total Liabilities $160.1M $154.2M
YoY Change -18.67% -19.65%
SHAREHOLDERS EQUITY
Retained Earnings $213.0M $215.6M
YoY Change -11.1% -16.73%
Common Stock $342.9M $341.0M
YoY Change 2.45% 2.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $371.8M
YoY Change 0.75%
Treasury Stock Shares
Shareholders Equity $161.2M $159.8M
YoY Change
Total Liabilities & Shareholders Equity $321.3M $314.0M
YoY Change -15.09% -19.89%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$2.658M -$8.193M
YoY Change -86.27% -21.3%
Depreciation, Depletion And Amortization $3.000M $3.300M
YoY Change -34.78% -45.14%
Cash From Operating Activities $5.664M $5.450M
YoY Change -16.95% -64.33%
INVESTING ACTIVITIES
Capital Expenditures $1.687M $2.638M
YoY Change -29.12% -38.23%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.687M -$2.638M
YoY Change -29.12% -38.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.261M -5.611M
YoY Change 4103.33% -44.13%
NET CHANGE
Cash From Operating Activities 5.664M 5.450M
Cash From Investing Activities -1.687M -2.638M
Cash From Financing Activities -1.261M -5.611M
Net Change In Cash 2.716M -2.799M
YoY Change -38.41% -389.75%
FREE CASH FLOW
Cash From Operating Activities $5.664M $5.450M
Capital Expenditures $1.687M $2.638M
Free Cash Flow $3.977M $2.812M
YoY Change -10.43% -74.46%

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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Estimates and Assumptions</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates and assumptions, including those related to revenue recognition; allowance for credit losses; inventory valuation; impairment of long-lived assets, intangible assets and goodwill; business combinations; income taxes and related valuation allowances and stock-based compensation expense. Actual results may differ from these assumptions and estimates, and they may be adjusted as more information becomes available. Any adjustment may be material.</span></div>
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CY2024Q2 ueic Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
7311000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
25200000 usd
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OperatingLeaseRightOfUseAsset
15922000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18693000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4384000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4813000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10386000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
12560000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
14770000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
17373000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1692000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1821000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3551000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
3689000 usd
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1570000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1746000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3315000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
3577000 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
9000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1960000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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1960000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P4Y10M24D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2680000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4412000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
3413000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2668000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1215000 usd
CY2024Q2 ueic Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
2422000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16810000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2040000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
14770000 usd
CY2024Q2 us-gaap Lines Of Credit Current
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41000000 usd
CY2023Q4 us-gaap Lines Of Credit Current
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55000000 usd
CY2024Q2 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
12100000 usd
CY2024Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1100000 usd
CY2023Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
1500000 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
2400000 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
2900000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2800000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3500000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
3400000 usd
CY2024Q2 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1206000 usd
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
2843000 usd
CY2024Q2 ueic Accrued Employee Sales Commission Current
AccruedEmployeeSalesCommissionCurrent
680000 usd
CY2023Q4 ueic Accrued Employee Sales Commission Current
AccruedEmployeeSalesCommissionCurrent
602000 usd
CY2024Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
4705000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
4085000 usd
CY2024Q2 ueic Accrued Social Insurance Current
AccruedSocialInsuranceCurrent
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CY2023Q4 ueic Accrued Social Insurance Current
AccruedSocialInsuranceCurrent
7082000 usd
CY2024Q2 us-gaap Accrued Vacation Current
AccruedVacationCurrent
3351000 usd
CY2023Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
3252000 usd
CY2024Q2 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2153000 usd
CY2023Q4 us-gaap Other Employee Related Liabilities Current
OtherEmployeeRelatedLiabilitiesCurrent
2441000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18870000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20305000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4017000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2697000 usd
CY2024Q2 ueic Accrued Duties Current
AccruedDutiesCurrent
400000 usd
CY2023Q4 ueic Accrued Duties Current
AccruedDutiesCurrent
481000 usd
CY2024Q2 ueic Accrued Expense Associated With Fulfilled Performance Obligations
AccruedExpenseAssociatedWithFulfilledPerformanceObligations
854000 usd
CY2023Q4 ueic Accrued Expense Associated With Fulfilled Performance Obligations
AccruedExpenseAssociatedWithFulfilledPerformanceObligations
1092000 usd
CY2024Q2 ueic Accrued Freight And Handling Fees Current
AccruedFreightAndHandlingFeesCurrent
1981000 usd
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1998000 usd
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CY2023Q4 us-gaap Interest Payable Current
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438000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4384000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
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CY2024Q2 us-gaap Product Warranty Accrual Classified Current
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522000 usd
CY2024Q2 us-gaap Accrued Professional Fees Current
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1558000 usd
CY2024Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1779000 usd
CY2023Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4194000 usd
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CY2024Q2 us-gaap Other Accrued Liabilities Current
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20022000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
21181000 usd
CY2024Q2 ueic Accrued Property Plant And Equipment Purchases
AccruedPropertyPlantAndEquipmentPurchases
600000 usd
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200000 usd
CY2023Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
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CY2022Q4 us-gaap Product Warranty Accrual
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us-gaap Product Warranty Accrual Warranties Issued
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us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
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us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
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us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
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us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 usd
CY2024Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
522000 usd
CY2023Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
522000 usd
CY2023Q4 us-gaap Restructuring Reserve
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462000 usd
us-gaap Restructuring Charges
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us-gaap Payments For Restructuring
PaymentsForRestructuring
2060000 usd
CY2024Q2 us-gaap Restructuring Reserve
RestructuringReserve
1021000 usd
CY2024Q2 us-gaap Restructuring And Related Cost Cost Incurred To Date1
RestructuringAndRelatedCostCostIncurredToDate1
6634000 usd
CY2024Q2 us-gaap Restructuring And Related Cost Expected Cost Remaining1
RestructuringAndRelatedCostExpectedCostRemaining1
277000 usd
CY2024Q2 ueic Number Of Inter Partes Review Ipr Requests Denied
NumberOfInterPartesReviewIPRRequestsDenied
14 inter_partes_review
CY2024Q2 ueic Number Of Inter Partes Review Ipr Requests Granted
NumberOfInterPartesReviewIPRRequestsGranted
12 inter_partes_review
ueic Number Of Patents Subject To Inter Partes Review Ipr
NumberOfPatentsSubjectToInterPartesReviewIPR
2 patent
CY2024Q2 ueic Number Of Inter Partes Review Ipr Requests Granted
NumberOfInterPartesReviewIPRRequestsGranted
12 inter_partes_review
CY2021Q2 ueic Number Of Customers With A Filed Complaint
NumberOfCustomersWithAFiledComplaint
2 customer
CY2021Q2 ueic Number Of Customers With A Filed Complaint
NumberOfCustomersWithAFiledComplaint
2 customer
CY2024Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
35000000 cny
CY2024Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
35000000 cny
CY2024Q1 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
4800000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
195000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
58000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1841000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
855000 usd
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1460000 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2158000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3364000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4698000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
220000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
337000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
507000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
747000 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
901000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
38.78
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
122000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
58.52
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
779000 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.67
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y7M13D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
779000 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
35.67
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P3Y7M13D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
0 usd
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
612000 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
38.18
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y25D
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0386
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4589
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y8M12D
CY2024Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-195000 usd
CY2023Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2613000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-215000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2807000 usd
CY2024Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-159000 usd
CY2023Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1868000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-243000 usd
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1630000 usd
CY2024Q2 ueic Other Income Expense
OtherIncomeExpense
265000 usd
CY2023Q2 ueic Other Income Expense
OtherIncomeExpense
43000 usd
ueic Other Income Expense
OtherIncomeExpense
289000 usd
ueic Other Income Expense
OtherIncomeExpense
261000 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-89000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-702000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-169000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-916000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-8193000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-10411000 usd
us-gaap Net Income Loss
NetIncomeLoss
-16842000 usd
us-gaap Net Income Loss
NetIncomeLoss
-71774000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12917000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12860000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12909000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12804000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.63
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.61
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-8193000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-10411000 usd
us-gaap Net Income Loss
NetIncomeLoss
-16842000 usd
us-gaap Net Income Loss
NetIncomeLoss
-71774000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12917000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12860000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12909000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12804000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12917000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12860000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12909000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12804000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.63
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.81
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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