2020 Q2 Form 10-Q Financial Statement

#000151173720000013 Filed on May 08, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $315.5M $337.4M $284.9M
YoY Change 10.08% 18.43% 13.78%
Cost Of Revenue $163.5M $177.8M $152.1M
YoY Change 6.38% 16.9% 11.88%
Gross Profit $152.1M $159.6M $132.8M
YoY Change 14.39% 20.18% 16.03%
Gross Profit Margin 48.19% 47.31% 46.62%
Selling, General & Admin $10.50M $10.61M $9.352M
YoY Change 10.53% 13.41% -23.26%
% of Gross Profit 6.91% 6.64% 7.04%
Research & Development $23.40M $21.67M $21.34M
YoY Change 4.0% 1.55% 22.51%
% of Gross Profit 15.39% 13.58% 16.07%
Depreciation & Amortization $2.600M $1.400M $1.900M
YoY Change 23.81% -26.32% 11.76%
% of Gross Profit 1.71% 0.88% 1.43%
Operating Expenses $33.90M $32.28M $30.69M
YoY Change 5.61% 5.16% 3.67%
Operating Profit $118.1M $127.4M $102.1M
YoY Change 17.07% 24.69% 20.35%
Interest Expense -$4.600M -$6.600M -$3.400M
YoY Change 27.78% 94.12% -27.66%
% of Operating Profit -3.89% -5.18% -3.33%
Other Income/Expense, Net -$6.618M -$3.447M
YoY Change 91.99% -26.36%
Pretax Income $113.5M $120.7M $98.69M
YoY Change 16.65% 22.34% 23.07%
Income Tax $20.80M $17.00M $10.40M
% Of Pretax Income 18.33% 14.08% 10.54%
Net Earnings $92.62M $103.7M $88.30M
YoY Change 30.64% 17.47% -14.05%
Net Earnings / Revenue 29.35% 30.74% 30.99%
Basic Earnings Per Share $1.45 $1.60 $1.25
Diluted Earnings Per Share $1.45 $1.60 $1.25
COMMON SHARES
Basic Shares Outstanding 63.68M shares 64.63M shares 70.54M shares
Diluted Shares Outstanding 64.70M shares 70.69M shares

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $143.5M $84.70M $371.6M
YoY Change -53.41% -77.21% -46.21%
Cash & Equivalents $142.6M $77.78M $310.3M
Short-Term Investments $900.0K $6.900M $61.30M
Other Short-Term Assets $15.00M $18.90M $49.70M
YoY Change -41.18% -61.97% -35.79%
Inventory $285.9M $205.2M $279.9M
Prepaid Expenses
Receivables $142.2M $173.9M $159.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $586.6M $482.8M $861.1M
YoY Change -22.18% -43.94% -15.53%
LONG-TERM ASSETS
Property, Plant & Equipment $78.52M $79.05M $13.41M
YoY Change 476.6% 489.38% -9.32%
Goodwill
YoY Change
Intangibles $3.063M $3.095M $3.309M
YoY Change -5.96% -6.47% 586.51%
Long-Term Investments $500.0K $5.100M $45.70M
YoY Change -98.63% -88.84%
Other Assets $43.22M $27.42M $12.22M
YoY Change -41.54% 124.45% 229.89%
Total Long-Term Assets $150.8M $137.8M $69.40M
YoY Change 23.56% 98.59% 225.42%
TOTAL ASSETS
Total Short-Term Assets $586.6M $482.8M $861.1M
Total Long-Term Assets $150.8M $137.8M $69.40M
Total Assets $737.5M $620.6M $930.5M
YoY Change -15.8% -33.31% -10.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $155.5M $61.02M $91.44M
YoY Change 301.7% -33.27% 27.45%
Accrued Expenses $27.80M $25.80M $12.98M
YoY Change -67.0% 98.77% 1.66%
Deferred Revenue $16.46M $14.29M
YoY Change 7.34%
Short-Term Debt $24.07M $24.07M $27.55M
YoY Change -21.54% -12.64% 12.79%
Long-Term Debt Due $24.10M $24.10M $27.60M
YoY Change -21.5% -12.68% 13.11%
Total Short-Term Liabilities $264.3M $177.7M $171.1M
YoY Change 47.5% 3.9% 12.19%
LONG-TERM LIABILITIES
Long-Term Debt $628.4M $659.4M $438.9M
YoY Change 35.23% 50.24% -5.9%
Other Long-Term Liabilities $6.312M $6.143M $9.420M
YoY Change -25.21% -34.79% 130.49%
Total Long-Term Liabilities $634.7M $665.6M $448.3M
YoY Change 34.16% 48.45% -4.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $264.3M $177.7M $171.1M
Total Long-Term Liabilities $634.7M $665.6M $448.3M
Total Liabilities $1.033B $976.6M $742.4M
YoY Change 33.01% 31.54% -1.65%
SHAREHOLDERS EQUITY
Retained Earnings -$296.0M -$356.0M $187.1M
YoY Change -399.53% -290.3% -34.55%
Common Stock $64.00K $64.00K $71.00K
YoY Change -7.25% -9.86% -5.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$295.5M -$356.0M $188.1M
YoY Change
Total Liabilities & Shareholders Equity $737.5M $620.6M $930.5M
YoY Change -15.8% -33.31% -10.59%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $92.62M $103.7M $88.30M
YoY Change 30.64% 17.47% -14.05%
Depreciation, Depletion And Amortization $2.600M $1.400M $1.900M
YoY Change 23.81% -26.32% 11.76%
Cash From Operating Activities $125.0M $92.00M $13.70M
YoY Change 23.76% 571.53% -88.53%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$23.60M -$2.100M
YoY Change -10.0% 1023.81% 90.91%
Acquisitions
YoY Change
Other Investing Activities $11.00M $28.70M $44.20M
YoY Change -126.44% -35.07%
Cash From Investing Activities $9.200M $5.100M $42.10M
YoY Change -121.1% -87.89% -3927.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -69.30M -119.3M -38.90M
YoY Change -46.49% 206.68% -84.52%
NET CHANGE
Cash From Operating Activities 125.0M 92.00M 13.70M
Cash From Investing Activities 9.200M 5.100M 42.10M
Cash From Financing Activities -69.30M -119.3M -38.90M
Net Change In Cash 64.90M -22.20M 16.90M
YoY Change -190.01% -231.36% -112.71%
FREE CASH FLOW
Cash From Operating Activities $125.0M $92.00M $13.70M
Capital Expenditures -$1.800M -$23.60M -$2.100M
Free Cash Flow $126.8M $115.6M $15.80M
YoY Change 23.11% 631.65% -86.89%

Facts In Submission

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98146000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-153000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-501000 USD
CY2019Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
416219000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
689000 USD
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
20669000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
-239427000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
85811000 USD
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-172000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
124000 USD
CY2019Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-139000 USD
CY2019Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
119572000 USD
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
730000 USD
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19460000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-292105000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
103722000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-90000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
25000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-416000 USD
CY2020Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
148400000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
725000 USD
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
19447000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-355986000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
315748000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
85703000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-146000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
194000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-365000 USD
CY2018Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
112764000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
775000 USD
CY2018Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
18506000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
270639000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
77796000 USD
CY2018Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2000 USD
CY2018Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
186000 USD
CY2018Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-114000 USD
CY2018Q4 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
206315000 USD
CY2018Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
779000 USD
CY2018Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17633000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
17631000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
188100000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
125336000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
88300000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
325000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
430000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-413000 USD
CY2019Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
8999000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
752000 USD
us-gaap Net Income Loss
NetIncomeLoss
287679000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5098000 USD
us-gaap Net Income Loss
NetIncomeLoss
251799000 USD
us-gaap Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
0 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1308000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
836000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5474000 USD
us-gaap Costmethod Investments Other Than Temporary Impairment
CostmethodInvestmentsOtherThanTemporaryImpairment
5000000 USD
ubnt Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
1085000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-56000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-555000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
105000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Inventory Write Down
InventoryWriteDown
5823000 USD
us-gaap Inventory Write Down
InventoryWriteDown
2995000 USD
ubnt Provisionfor Gain Losson Vendor Deposit
ProvisionforGainLossonVendorDeposit
1587000 USD
ubnt Provisionfor Gain Losson Vendor Deposit
ProvisionforGainLossonVendorDeposit
2333000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2144000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2306000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
126000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-53293000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
180749000 USD
ubnt Increase Decreasein Vendor Deposits
IncreaseDecreaseinVendorDeposits
-2442000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-102000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
399000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
17839000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-14888000 USD
ubnt Increase Decreasein Vendor Deposits
IncreaseDecreaseinVendorDeposits
-16170000 USD
us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
-4000 USD
us-gaap Increase Decrease In Prepaid Taxes
IncreaseDecreaseInPrepaidTaxes
3533000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3399000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4576000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
22715000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
77362000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-25413000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4286000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1093000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
8687000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-14365000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-39070000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
335330000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
158254000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28786000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7701000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
5000000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
27957000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
200791000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
103848000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
69670000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
13272000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29831000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
60377000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-113991000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3138000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
681205000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
328078000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
59576000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
53770000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
152000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
810000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1056000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
892000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-556073000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-400680000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-160366000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-356417000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
238147000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
666681000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77781000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
310264000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
74465000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
31284000 USD
us-gaap Interest Paid Net
InterestPaidNet
17513000 USD
us-gaap Interest Paid Net
InterestPaidNet
18228000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5665000 USD
ubnt Unpaid Stock Repurchases
UnpaidStockRepurchases
5210000 USD
ubnt Unpaid Stock Repurchases
UnpaidStockRepurchases
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
19000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
120000 USD
us-gaap Transfer To Investments
TransferToInvestments
117000 USD
us-gaap Transfer Of Investments
TransferOfInvestments
29000 USD
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying notes. Those estimated assumptions include, but are not limited to, revenue recognition and deferred revenue; allowance for doubtful accounts and sales return reserves; inventory valuation and vendor deposits; accounting for income taxes, including the valuation allowance on deferred tax assets and reserves for uncertain tax positions; determinations of fair value for stock-based awards; estimate of incremental borrowing rate for determining the present value of future lease payments; and valuation of warranty accruals. We evaluate our estimates and assumptions based on historical experience and other assumptions that are believed to be reasonable under the circumstances. Actual results could differ materially from those estimates.
CY2019Q2 us-gaap Deferred Rent Credit Current
DeferredRentCreditCurrent
700000 USD
CY2020Q1 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
1000000.0 USD
CY2019Q2 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
3000000.0 USD
CY2020Q1 ubnt Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
16900000 USD
CY2020Q1 ubnt Contract With Customer Liability Deferred Revenue Noncurrent
ContractWithCustomerLiabilityDeferredRevenueNoncurrent
6100000 USD
CY2019Q2 ubnt Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
15300000 USD
CY2019Q2 ubnt Contract With Customer Liability Deferred Revenue Noncurrent
ContractWithCustomerLiabilityDeferredRevenueNoncurrent
6500000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
-6700 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
378000.0 USD
CY2019Q1 us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
25500 USD
us-gaap Debt Securities Available For Sale Realized Gain Loss Excluding Other Than Temporary Impairment
DebtSecuritiesAvailableForSaleRealizedGainLossExcludingOtherThanTemporaryImpairment
24500 USD
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
200000 USD
CY2019Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
700000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000.0 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
2200000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
7175000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
7175000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
58000 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2020Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
58000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
8072000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
8072000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
3000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
3000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
7479000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
7475000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
5131000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
5113000 USD
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
12610000 USD
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
12588000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
103722000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
88300000 USD
us-gaap Net Income Loss
NetIncomeLoss
287679000 USD
us-gaap Net Income Loss
NetIncomeLoss
251799000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64630000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
70540000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66003000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71856000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64699000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
70692000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66094000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72036000 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.60
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.50
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.60
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.50
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
201966000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
260895000 USD
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3278000 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3386000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
205244000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
264281000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
119086000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
48811000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
40038000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
35193000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
79048000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13618000 USD
CY2020Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
0 USD
CY2019Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
42000000 USD
CY2020Q1 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
19960000 USD
CY2019Q2 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
19960000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3095000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3257000 USD
CY2020Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
4364000 USD
CY2019Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
8724000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
27419000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
73941000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1800000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1600000 USD
CY2019Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5000000 USD
CY2019Q2 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5000000 USD
CY2020Q1 ubnt Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
16872000 USD
CY2019Q2 ubnt Contract With Customer Liability Deferred Revenue Current
ContractWithCustomerLiabilityDeferredRevenueCurrent
15338000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10807000 USD
CY2019Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
14203000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
7314000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4544000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4518000 USD
CY2020Q1 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
3184000 USD
CY2019Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
3866000 USD
CY2020Q1 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
1048000 USD
CY2019Q2 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
2982000 USD
CY2020Q1 ubnt Reservefor Sales Returns Current
ReserveforSalesReturnsCurrent
964000 USD
CY2019Q2 ubnt Reservefor Sales Returns Current
ReserveforSalesReturnsCurrent
783000 USD
CY2020Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
39563000 USD
CY2019Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
42543000 USD
CY2020Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
84296000 USD
CY2019Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
84233000 USD
CY2020Q1 ubnt Contract With Customer Liability Deferred Revenue Noncurrent
ContractWithCustomerLiabilityDeferredRevenueNoncurrent
6085000 USD
CY2019Q2 ubnt Contract With Customer Liability Deferred Revenue Noncurrent
ContractWithCustomerLiabilityDeferredRevenueNoncurrent
6525000 USD
CY2020Q1 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
58000 USD
ubnt Standard Product Warranty Period
StandardProductWarrantyPeriod
P12M
CY2019Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1915000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6143000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8440000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4518000 USD
CY2018Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3840000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5828000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
5748000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
408000 USD
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-34000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
6210000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
5214000 USD
CY2020Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4544000 USD
CY2019Q1 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
4340000 USD
CY2020Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
933000 USD
CY2019Q2 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
575000 USD
CY2020Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
24067000 USD
CY2019Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
30675000 USD
CY2020Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1803000 USD
CY2019Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1550000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
659447000 USD
CY2019Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
464700000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
6250000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
25000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
630000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
686250000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsRemainderOfFiscalYear
4967000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Two
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearTwo
19490000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Three
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearThree
18795000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Four
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearFour
10051000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Five
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearFive
0 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
2300000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsRemainderOfFiscalYear
11217000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearTwo
44490000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments After Year Five
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsAfterYearFive
0 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPayments
53303000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearThree
43795000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearFour
640051000 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearFive
0 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsAfterYearFive
0 USD
CY2020Q1 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPayments
739553000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
2271000 USD
us-gaap Lease Cost
LeaseCost
6533000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
200000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
6600000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2080000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
7165000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
3826000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3271000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3124000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7960000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
27426000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2882000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
24544000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
7395000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
5509000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2639000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2205000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1982000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7116000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
26846000 USD
CY2019 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7800000 USD
CY2020Q1 us-gaap Other Commitment
OtherCommitment
17000000.0 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
284911000 USD
CY2020Q1 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
9988734 shares
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
725000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
752000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2144000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2306000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
44847 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.50
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y9M10D
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5472000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20348 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.52
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
24499 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.14
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y5M1D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3196000 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
24499 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
11.14
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y5M1D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
3196000 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
24499 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
11.14
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P2Y5M1D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
3196000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17000000.0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49100000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32400000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32400000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
1200000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
5000000.0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
ubnt Number Of Product Types
NumberOfProductTypes
2 product
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
337417000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
968978000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
875092000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
337417000 USD
CY2020Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
284911000 USD
CY2019Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
968978000 USD
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
875092000 USD
us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1

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