$UI
Ubiquiti Inc.

2013 Q2 Form 10-Q Financial Statement

#000151173713000006 Filed on May 10, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $101.2M $83.16M $91.67M
YoY Change 6.71% -9.28% 79.03%
Cost Of Revenue $56.90M $47.69M $52.01M
YoY Change 5.76% -8.3% 73.35%
Gross Profit $44.36M $35.47M $39.66M
YoY Change 8.1% -10.58% 87.96%
Gross Profit Margin 43.82% 42.65% 43.27%
Selling, General & Admin $5.600M $6.285M $2.484M
YoY Change 180.0% 153.02% 30.74%
% of Gross Profit 12.62% 17.72% 6.26%
Research & Development $5.500M $5.677M $4.619M
YoY Change 10.0% 22.91% 59.28%
% of Gross Profit 12.4% 16.01% 11.65%
Depreciation & Amortization $700.0K $500.0K $200.0K
YoY Change 250.0% 150.0%
% of Gross Profit 1.58% 1.41% 0.5%
Operating Expenses $11.10M $11.96M $7.103M
YoY Change 58.57% 68.41% 44.96%
Operating Profit $33.21M $23.50M $32.56M
YoY Change -2.5% -27.81% 100.96%
Interest Expense -$300.0K -$300.0K -$200.0K
YoY Change 200.0% 50.0%
% of Operating Profit -0.9% -1.28% -0.61%
Other Income/Expense, Net
YoY Change
Pretax Income $32.90M $23.22M $32.37M
YoY Change -2.95% -28.27% 98.56%
Income Tax $4.100M $2.549M $4.446M
% Of Pretax Income 12.46% 10.98% 13.74%
Net Earnings $28.84M $20.67M $27.92M
YoY Change 1.25% -25.98% 114.77%
Net Earnings / Revenue 28.49% 24.85% 30.46%
Basic Earnings Per Share $0.33 $0.24 $0.30
Diluted Earnings Per Share $0.32 $0.23 $0.30
COMMON SHARES
Basic Shares Outstanding 87.12M shares 87.00M shares 91.86M shares
Diluted Shares Outstanding 88.95M shares 94.18M shares

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $227.8M $181.7M $94.20M
YoY Change 86.57% 92.89%
Cash & Equivalents $227.8M $181.7M $94.20M
Short-Term Investments
Other Short-Term Assets $948.0K $1.721M $2.700M
YoY Change 69.89% -36.26%
Inventory $15.88M $19.38M $9.100M
Prepaid Expenses
Receivables $35.88M $38.42M $68.50M
Other Receivables $2.200M $1.600M $0.00
Total Short-Term Assets $283.5M $243.6M $174.5M
YoY Change 36.35% 39.62%
LONG-TERM ASSETS
Property, Plant & Equipment $5.976M $6.178M $2.200M
YoY Change 33.66% 180.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.886M $1.775M $700.0K
YoY Change 154.05% 153.57%
Total Long-Term Assets $8.866M $8.185M $3.000M
YoY Change 51.84% 172.83%
TOTAL ASSETS
Total Short-Term Assets $283.5M $243.6M $174.5M
Total Long-Term Assets $8.866M $8.185M $3.000M
Total Assets $292.3M $251.8M $177.5M
YoY Change 36.78% 41.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.19M $31.26M $24.50M
YoY Change 36.81% 27.58%
Accrued Expenses $11.15M $10.98M $9.100M
YoY Change -34.53% 20.62%
Deferred Revenue
YoY Change
Short-Term Debt $5.013M $5.011M $0.00
YoY Change -28.06%
Long-Term Debt Due $5.000M $5.000M $7.000M
YoY Change -28.57% -28.57%
Total Short-Term Liabilities $59.42M $56.70M $47.80M
YoY Change 13.32% 18.61%
LONG-TERM LIABILITIES
Long-Term Debt $71.12M $72.36M $24.40M
YoY Change 214.35% 196.55%
Other Long-Term Liabilities $2.500M $100.0K
YoY Change
Total Long-Term Liabilities $71.12M $72.36M $24.50M
YoY Change 214.35% 195.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $59.42M $56.70M $47.80M
Total Long-Term Liabilities $71.12M $72.36M $24.50M
Total Liabilities $144.9M $136.8M $74.10M
YoY Change 75.04% 84.59%
SHAREHOLDERS EQUITY
Retained Earnings $136.2M $107.4M
YoY Change 90.82%
Common Stock $87.00K $87.00K
YoY Change -5.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $123.9M $123.9M
YoY Change 78.18%
Treasury Stock Shares 44.24M shares 44.24M shares
Shareholders Equity $147.4M $115.0M $103.4M
YoY Change
Total Liabilities & Shareholders Equity $292.3M $251.8M $177.5M
YoY Change 36.78% 41.87%

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $28.84M $20.67M $27.92M
YoY Change 1.25% -25.98% 114.77%
Depreciation, Depletion And Amortization $700.0K $500.0K $200.0K
YoY Change 250.0% 150.0%
Cash From Operating Activities $46.20M $35.20M $31.70M
YoY Change 53.49% 11.04% 89.82%
INVESTING ACTIVITIES
Capital Expenditures -$1.000M -$900.0K -$500.0K
YoY Change -41.18% 80.0% 66.67%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.000M -$900.0K -$500.0K
YoY Change -41.18% 80.0% 66.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 800.0K -800.0K -1.800M
YoY Change -233.33% -55.56% -50.0%
NET CHANGE
Cash From Operating Activities 46.20M 35.20M 31.70M
Cash From Investing Activities -1.000M -900.0K -500.0K
Cash From Financing Activities 800.0K -800.0K -1.800M
Net Change In Cash 46.00M 33.50M 29.40M
YoY Change 65.47% 13.95% 129.69%
FREE CASH FLOW
Cash From Operating Activities $46.20M $35.20M $31.70M
Capital Expenditures -$1.000M -$900.0K -$500.0K
Free Cash Flow $47.20M $36.10M $32.20M
YoY Change 48.43% 12.11% 89.41%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
26450000 USD
CY2013Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
31257000 USD
CY2012Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
75644000 USD
CY2013Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
38417000 USD
CY2012Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
2657000 USD
CY2013Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
3068000 USD
CY2013Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
10976000 USD
CY2012Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17031000 USD
CY2012Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1028000 USD
CY2013Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2119000 USD
CY2012Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
128981000 USD
CY2013Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
131429000 USD
CY2013Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
700000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1032000 USD
CY2012Q1 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
330000 USD
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2249000 USD
CY2012Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1266000 USD
CY2013Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
2700000 USD
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
860000 shares
CY2012Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16214000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
485000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3911000 shares
CY2013Q1 us-gaap Assets
Assets
251823000 USD
CY2012Q2 us-gaap Assets
Assets
213736000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
394000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1262000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.008
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.016
CY2012Q2 us-gaap Assets Current
AssetsCurrent
207897000 USD
CY2013Q1 us-gaap Assets Current
AssetsCurrent
243638000 USD
CY2012Q2 us-gaap Cash
Cash
13832000 USD
CY2013Q1 us-gaap Cash
Cash
16447000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
181689000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
122060000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76361000 USD
CY2012Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
94200000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
59629000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
17839000 USD
CY2013Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
CY2012Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2013Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2012Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2013Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
131129888 shares
CY2013Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
131306084 shares
CY2013Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
87067124 shares
CY2012Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
92049978 shares
CY2012Q2 us-gaap Common Stock Value
CommonStockValue
92000 USD
CY2013Q1 us-gaap Common Stock Value
CommonStockValue
87000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
150278000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
CY2012Q1 us-gaap Cost Of Revenue
CostOfRevenue
52006000 USD
us-gaap Cost Of Revenue
CostOfRevenue
148687000 USD
us-gaap Cost Of Revenue
CostOfRevenue
128621000 USD
CY2013Q1 us-gaap Cost Of Revenue
CostOfRevenue
47690000 USD
CY2013Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
3010000 USD
CY2012Q2 us-gaap Customer Deposits Current
CustomerDepositsCurrent
235000 USD
CY2012Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
29591000 USD
CY2013Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
77369000 USD
CY2012Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
805000 USD
CY2013Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
1841000 USD
CY2013Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
232000 USD
CY2012Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
232000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.48
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.48
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
CY2012Q1 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
14900000 USD
us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
60000000 USD
us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
50500000 USD
CY2013Q1 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
19700000 USD
CY2013Q1 us-gaap Entity Wide Revenue Major Customer Percentage
EntityWideRevenueMajorCustomerPercentage
0.10
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
11421000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
414000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
11421000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
414000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
748000 USD
CY2013Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1073000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-150000 USD
us-gaap Gross Profit
GrossProfit
90970000 USD
us-gaap Gross Profit
GrossProfit
109962000 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
39659000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
35465000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90096000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23216000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
58827000 USD
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32366000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15992000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2549000 USD
CY2012Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4446000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7178000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
9775000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5030000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
29387000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-35631000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
12417000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3655000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2511000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-7891000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
541000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
41000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1036000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
741000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
12722000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
3953000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4758000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1461000 USD
CY2013Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
16752000 USD
CY2012Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
3066000 USD
CY2012Q2 us-gaap Inventory Net
InventoryNet
7734000 USD
CY2013Q1 us-gaap Inventory Net
InventoryNet
19381000 USD
CY2012Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
4668000 USD
CY2013Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2629000 USD
us-gaap Inventory Write Down
InventoryWriteDown
1075000 USD
us-gaap Inventory Write Down
InventoryWriteDown
505000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
-1136000 USD
CY2012Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
-190000 USD
CY2013Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
-287000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
-570000 USD
CY2012Q2 us-gaap Liabilities
Liabilities
82785000 USD
CY2013Q1 us-gaap Liabilities
Liabilities
136781000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
213736000 USD
CY2013Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
251823000 USD
CY2013Q1 us-gaap Liabilities Current
LiabilitiesCurrent
56696000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
52435000 USD
CY2013Q1 us-gaap Long Term Debt
LongTermDebt
77500000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
15000000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
10000000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
39375000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6875000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
5000000 USD
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1250000 USD
CY2013Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
72358000 USD
CY2012Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
22623000 USD
CY2012Q1 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.09
us-gaap Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
2 claim
CY2012Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
108228000 USD
CY2013Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
165242000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-21647000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-32247000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1617000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4408000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
51703000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
85684000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
27920000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
20667000 USD
us-gaap Net Income Loss
NetIncomeLoss
74104000 USD
us-gaap Net Income Loss
NetIncomeLoss
51649000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20667000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38327000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51649000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27920000 USD
CY2013Q1 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
1548000 USD
CY2012Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
1019000 USD
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
7103000 USD
us-gaap Operating Expenses
OperatingExpenses
31573000 USD
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
11962000 USD
us-gaap Operating Expenses
OperatingExpenses
18730000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
23503000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
59397000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
91232000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
32556000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
6658000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
407000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1129000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1638000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1678000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1712000 USD
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
94000 USD
CY2012Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4732000 USD
CY2013Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3225000 USD
CY2013Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1721000 USD
CY2012Q2 us-gaap Other Assets Current
OtherAssetsCurrent
558000 USD
CY2012Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
388000 USD
CY2013Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
702000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1136000 USD
CY2013Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1775000 USD
CY2013Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
10976000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
17031000 USD
us-gaap Payments For Loans
PaymentsForLoans
3500000 USD
us-gaap Payments For Loans
PaymentsForLoans
3083000 USD
us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
0 USD
us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
108000000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
15652000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2012Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
15700000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4408000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1617000 USD
CY2013Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
3269000 USD
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1577000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
50833000 USD
us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
34822000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
32443000 USD
CY2011Q3 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
68000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
306000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
567000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5499000 USD
CY2013Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8297000 USD
CY2013Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6178000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4471000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
670000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1596000 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4619000 USD
CY2013Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5677000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11671000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
15440000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
0 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
111000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
71393000 USD
CY2013Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
107390000 USD
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
91665000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
83155000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
258649000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
219591000 USD
CY2012Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2484000 USD
CY2013Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6285000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16133000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
7059000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1032000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2249000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
287090 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
5.03
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
586500 shares
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
13.92
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
704435 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
453620 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.42
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
14.73
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
48595 shares
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
12.79
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.52
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.49
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.52
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.51
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.012
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.010
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5346715 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
136182 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.29
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
147751 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
5.55
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
672000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.05
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.86
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.51
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.69
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
40087000 USD
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3347445 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3735512 shares
CY2012Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.45
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.01
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
34407000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2668567 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
0.84
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
39783000 USD
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
3660648 shares
CY2013Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
2.88
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.21
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2013Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
CY2012Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y1M6D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3M11D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y3M
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y2M19D
CY2012Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
6968000 USD
CY2013Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
5011000 USD
CY2013Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
2653000 USD
CY2012Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1381000 USD
CY2011Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
806000 USD
CY2012Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1387000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
1804000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
991000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
3076000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
1572000 USD
CY2012Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
100000000 USD
CY2012Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
57024000 USD
CY2012Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
68742000 USD
CY2012Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
64377000 USD
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
45646000 USD
CY2012Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
45646000 USD
CY2012Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
80599000 USD
CY2012Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
657700 shares
CY2012Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
992014 shares
CY2012Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
371665 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
5159050 shares
CY2012Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2179900 shares
CY2012Q4 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
957771 shares
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
115042000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
130951000 USD
CY2012Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
946000 USD
CY2013Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
4601000 USD
CY2011Q3 us-gaap Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
108000000 USD
CY2012Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.93
CY2012Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.16
CY2012Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.86
CY2012Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
8.88
CY2012Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
11.72
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
10.52
CY2012Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
39079910 shares
CY2013Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
44238960 shares
CY2012Q2 us-gaap Treasury Stock Value
TreasuryStockValue
69515000 USD
CY2013Q1 us-gaap Treasury Stock Value
TreasuryStockValue
123864000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
10400000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
1100000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80648000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
90656000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94177000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88953000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91861000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88702000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87004000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
80648000 shares
CY2013Q1 ubnt Accrued Accounts Payable Current
AccruedAccountsPayableCurrent
405000 USD
CY2012Q2 ubnt Accrued Accounts Payable Current
AccruedAccountsPayableCurrent
6636000 USD
CY2013Q1 ubnt Accrued Export Compliance Matter Current
AccruedExportComplianceMatterCurrent
1625000 USD
CY2012Q2 ubnt Accrued Export Compliance Matter Current
AccruedExportComplianceMatterCurrent
1625000 USD
ubnt Civil Penalty For Violations In Export Compliance Matters Maximum
CivilPenaltyForViolationsInExportComplianceMattersMaximum
250000 USD
CY2011Q4 ubnt Common Stock Issue Price Under Initial Public Offering
CommonStockIssuePriceUnderInitialPublicOffering
15.00
CY2011Q4 ubnt Conversion Of Preferred Stock Into Common Stock Ratio
ConversionOfPreferredStockIntoCommonStockRatio
1 shares
CY2013Q1 ubnt Current Deferred Tax Assets Revenue
CurrentDeferredTaxAssetsRevenue
882000 USD
CY2012Q2 ubnt Current Deferred Tax Assets Revenue
CurrentDeferredTaxAssetsRevenue
882000 USD
CY2011Q2 ubnt Difference Between Repurchase Price And Carrying Value Of Repurchased Preferred Stock
DifferenceBetweenRepurchasePriceAndCarryingValueOfRepurchasedPreferredStock
59000000 USD
CY2013Q1 ubnt Entity Wide Accounts Receivable Major Customer Percentage
EntityWideAccountsReceivableMajorCustomerPercentage
0.10
CY2010 ubnt Export Compliance Matter Expenses
ExportComplianceMatterExpenses
1600000 USD
CY2013Q1 ubnt Income Tax Benefit Recognition Of Previously Unrecognized Tax Benefits Research
IncomeTaxBenefitRecognitionOfPreviouslyUnrecognizedTaxBenefitsResearch
539000 USD
ubnt Issuance Of Convertible Subordinated Promissory Notes
IssuanceOfConvertibleSubordinatedPromissoryNotes
68000000 USD
ubnt Issuance Of Convertible Subordinated Promissory Notes
IssuanceOfConvertibleSubordinatedPromissoryNotes
0 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest
LongTermDebtMaturitiesRepaymentsOfInterest
5754000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest After Year Five
LongTermDebtMaturitiesRepaymentsOfInterestAfterYearFive
125000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest In Year Five
LongTermDebtMaturitiesRepaymentsOfInterestInYearFive
532000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest In Year Four
LongTermDebtMaturitiesRepaymentsOfInterestInYearFour
1043000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest In Year Three
LongTermDebtMaturitiesRepaymentsOfInterestInYearThree
1723000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest In Year Two
LongTermDebtMaturitiesRepaymentsOfInterestInYearTwo
1859000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Interest Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfInterestRemainderOfFiscalYear
472000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterest
83254000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAfterYearFive
15125000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearFive
10532000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearFour
40418000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearThree
8598000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestInYearTwo
6859000 USD
CY2013Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestRemainderOfFiscalYear
1722000 USD
CY2013Q1 ubnt Maximum Leverage Ratio For Repayment Of Term Loan As Percentage Of Excess Cash Flows
MaximumLeverageRatioForRepaymentOfTermLoanAsPercentageOfExcessCashFlows
1.50
CY2011Q1 ubnt Number Of Distributors
NumberOfDistributors
2 Distributor
CY2011Q3 ubnt Number Of Installments To Repaid Term Loan
NumberOfInstallmentsToRepaidTermLoan
60 Installment
ubnt Payment Of Convertible Subordinated Promissory Notes
PaymentOfConvertibleSubordinatedPromissoryNotes
68000000 USD
ubnt Payment Of Convertible Subordinated Promissory Notes
PaymentOfConvertibleSubordinatedPromissoryNotes
0 USD
ubnt Percentage Increase In Penal Interest Rate In Case Of Default
PercentageIncreaseInPenalInterestRateInCaseOfDefault
0.0200
ubnt Percentage Of Companys Capital Stock Of Existing And Future Foreign Subsidiaries Secured Against Term Loan
PercentageOfCompanysCapitalStockOfExistingAndFutureForeignSubsidiariesSecuredAgainstTermLoan
0.65
ubnt Percentage Of Excess Cash Flow For Term Loan Repayment
PercentageOfExcessCashFlowForTermLoanRepayment
0.250
CY2012 ubnt Percentage Of Revenue Distributor Attributable Received Notification And Obtained Updated Distribution Agreements
PercentageOfRevenueDistributorAttributableReceivedNotificationAndObtainedUpdatedDistributionAgreements
0.99
CY2013Q1 ubnt Preferred Stock Cumulative Dividend And Accretion Of Cost Of Preferred Stock
PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock
0 USD
ubnt Preferred Stock Cumulative Dividend And Accretion Of Cost Of Preferred Stock
PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock
112431000 USD
ubnt Preferred Stock Cumulative Dividend And Accretion Of Cost Of Preferred Stock
PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock
0 USD
CY2012Q1 ubnt Preferred Stock Cumulative Dividend And Accretion Of Cost Of Preferred Stock
PreferredStockCumulativeDividendAndAccretionOfCostOfPreferredStock
0 USD
CY2011Q3 ubnt Price Of Seriesa Preferred Stock Converted From Debt
PriceOfSeriesaPreferredStockConvertedFromDebt
8.97
ubnt Record Retention Period Requirement
RecordRetentionPeriodRequirement
P5Y
ubnt Repurchase Of Common Stock
RepurchaseOfCommonStock
0 USD
ubnt Repurchase Of Common Stock
RepurchaseOfCommonStock
54354000 USD
CY2012Q1 ubnt Revenues By Geographical Area Percentage
RevenuesByGeographicalAreaPercentage
1.00
CY2013Q1 ubnt Revenues By Geographical Area Percentage
RevenuesByGeographicalAreaPercentage
1.00
ubnt Revenues By Geographical Area Percentage
RevenuesByGeographicalAreaPercentage
1.00
ubnt Revenues By Geographical Area Percentage
RevenuesByGeographicalAreaPercentage
1.00
CY2013Q1 ubnt Revenues By Product Percentage
RevenuesByProductPercentage
1.00
ubnt Revenues By Product Percentage
RevenuesByProductPercentage
1.00
ubnt Revenues By Product Percentage
RevenuesByProductPercentage
1.00
CY2012Q1 ubnt Revenues By Product Percentage
RevenuesByProductPercentage
1.00
ubnt Standard Product Warranty Period
StandardProductWarrantyPeriod
P12M
CY2011Q3 ubnt Temporary Equity Redemption Value Cash Paid
TemporaryEquityRedemptionValueCashPaid
40000000 USD
CY2012Q2 ubnt Unrecognized Tax Benefits In Long Term Income Taxes Payable
UnrecognizedTaxBenefitsInLongTermIncomeTaxesPayable
7727000 USD
CY2013Q1 ubnt Unrecognized Tax Benefits In Long Term Income Taxes Payable
UnrecognizedTaxBenefitsInLongTermIncomeTaxesPayable
7727000 USD
ubnt Year Of Commencement Of Business
YearOfCommencementOfBusiness
2005
ubnt Year Of Incorporation
YearOfIncorporation
2003
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-03-31
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001511737
CY2013Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
87122211 shares
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Ubiquiti Networks, Inc.
dei Trading Symbol
TradingSymbol
UBNT

Files In Submission

Name View Source Status
0001511737-13-000006-index-headers.html Edgar Link pending
0001511737-13-000006-index.html Edgar Link pending
0001511737-13-000006.txt Edgar Link pending
0001511737-13-000006-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ubnt-03312013x10q.htm Edgar Link pending
ubnt-03312013xex3111.htm Edgar Link pending
ubnt-03312013xex3121.htm Edgar Link pending
ubnt-03312013xex3211.htm Edgar Link pending
ubnt-20130331.xml Edgar Link completed
ubnt-20130331.xsd Edgar Link pending
ubnt-20130331_cal.xml Edgar Link unprocessable
ubnt-20130331_def.xml Edgar Link unprocessable
ubnt-20130331_lab.xml Edgar Link unprocessable
ubnt-20130331_pre.xml Edgar Link unprocessable