2012 Q3 Form 10-Q Financial Statement

#000110465913080263 Filed on November 04, 2013

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4 2011 Q3
Revenue $132.7M $191.7M $268.0M
YoY Change -50.47% -36.06% -3.3%
Cost Of Revenue $82.83M $108.6M $143.0M
YoY Change -42.09% -24.9% 2.38%
Gross Profit $49.88M $83.09M $124.9M
YoY Change -60.07% -46.46% -9.07%
Gross Profit Margin 37.59% 43.35% 46.62%
Selling, General & Admin $13.89M $21.20M $23.57M
YoY Change -41.06% -24.01% 1.15%
% of Gross Profit 27.85% 25.52% 18.87%
Research & Development $25.78M $26.70M $26.40M
YoY Change -2.38% 50.0% 72.58%
% of Gross Profit 51.67% 32.13% 21.13%
Depreciation & Amortization $4.400M $3.600M $3.500M
YoY Change 25.71% 44.0% 105.88%
% of Gross Profit 8.82% 4.33% 2.8%
Operating Expenses $42.42M $49.00M $51.05M
YoY Change -16.9% 8.89% 30.23%
Operating Profit $7.463M $34.09M $73.88M
YoY Change -89.9% -69.07% -24.76%
Interest Expense $200.0K $300.0K $200.0K
YoY Change 0.0% -121.43% -112.5%
% of Operating Profit 2.68% 0.88% 0.27%
Other Income/Expense, Net
YoY Change
Pretax Income $7.639M $32.50M $74.13M
YoY Change -89.69% -70.13% -23.18%
Income Tax -$59.00K $8.900M $21.51M
% Of Pretax Income -0.77% 27.38% 29.02%
Net Earnings $11.80M $20.30M $35.90M
YoY Change -67.13% -89.71% -58.35%
Net Earnings / Revenue 8.89% 10.59% 13.4%
Basic Earnings Per Share $0.30 $0.53 $0.91
Diluted Earnings Per Share $0.30 $0.52 $0.90
COMMON SHARES
Basic Shares Outstanding 38.58M shares 38.21M shares 39.34M shares
Diluted Shares Outstanding 39.17M shares 38.77M shares 40.07M shares

Balance Sheet

Concept 2012 Q3 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $572.7M $491.5M $426.0M
YoY Change 34.45% -23.12% -2.14%
Cash & Equivalents $387.0M $217.9M $213.2M
Short-Term Investments $185.7M $273.6M $212.7M
Other Short-Term Assets $50.80M $54.60M $92.30M
YoY Change -44.96% -56.04% -49.23%
Inventory $74.36M $113.4M $127.5M
Prepaid Expenses
Receivables $60.32M $95.04M $115.2M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $758.2M $754.5M $761.0M
YoY Change -0.37% -26.21% -8.0%
LONG-TERM ASSETS
Property, Plant & Equipment $99.06M $86.07M $76.20M
YoY Change 30.0% 103.47% 67.47%
Goodwill $55.83M $55.83M
YoY Change
Intangibles $22.01M $25.88M
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.45M $13.74M $13.70M
YoY Change 41.99% -3.23% 1422.22%
Total Long-Term Assets $196.3M $88.41M $173.2M
YoY Change 13.36% 108.9% 48.67%
TOTAL ASSETS
Total Short-Term Assets $758.2M $754.5M $761.0M
Total Long-Term Assets $196.3M $88.41M $173.2M
Total Assets $954.6M $936.1M $934.2M
YoY Change 2.18% -18.46% -1.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.43M $40.40M $44.80M
YoY Change -20.92% 25.46% 0.0%
Accrued Expenses $87.32M $106.6M $135.0M
YoY Change -35.32% -41.73% -29.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $263.0K $248.0K $200.0K
YoY Change 31.5% -99.76% 0.0%
Total Short-Term Liabilities $129.8M $167.5M $195.7M
YoY Change -33.66% -56.21% -34.55%
LONG-TERM LIABILITIES
Long-Term Debt $2.207M $2.406M $2.500M
YoY Change -11.72% -10.89% -97.58%
Other Long-Term Liabilities $303.0K $640.0K $800.0K
YoY Change -62.13% 60.0% 166.67%
Total Long-Term Liabilities $2.510M $3.046M $3.300M
YoY Change -23.94% -1.74% -96.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.8M $167.5M $195.7M
Total Long-Term Liabilities $2.510M $3.046M $3.300M
Total Liabilities $137.4M $175.5M $199.0M
YoY Change -30.98% -54.46% -50.91%
SHAREHOLDERS EQUITY
Retained Earnings $105.2M $265.3M
YoY Change
Common Stock $705.5M $688.8M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $200.2M
YoY Change
Treasury Stock Shares 5.279M shares
Shareholders Equity $817.2M $760.5M $735.3M
YoY Change
Total Liabilities & Shareholders Equity $954.6M $936.1M $934.2M
YoY Change 2.18% -18.46% -1.01%

Cashflow Statement

Concept 2012 Q3 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $11.80M $20.30M $35.90M
YoY Change -67.13% -89.71% -58.35%
Depreciation, Depletion And Amortization $4.400M $3.600M $3.500M
YoY Change 25.71% 44.0% 105.88%
Cash From Operating Activities $45.50M $55.30M -$15.20M
YoY Change -399.34% 777.78% -119.26%
INVESTING ACTIVITIES
Capital Expenditures -$6.100M -$12.90M -$16.20M
YoY Change -62.35% 377.78% 671.43%
Acquisitions
YoY Change
Other Investing Activities $25.60M -$38.90M $199.1M
YoY Change -87.14% -34.29% -249.59%
Cash From Investing Activities $19.50M -$51.80M $182.9M
YoY Change -89.34% -16.18% -235.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $154.3M
YoY Change -639.51%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.300M 2.300M -152.4M
YoY Change -102.82% -90.46% 431.01%
NET CHANGE
Cash From Operating Activities 45.50M 55.30M -15.20M
Cash From Investing Activities 19.50M -51.80M 182.9M
Cash From Financing Activities 4.300M 2.300M -152.4M
Net Change In Cash 69.30M 5.800M 15.30M
YoY Change 352.94% -118.47% -117.98%
FREE CASH FLOW
Cash From Operating Activities $45.50M $55.30M -$15.20M
Capital Expenditures -$6.100M -$12.90M -$16.20M
Free Cash Flow $51.60M $68.20M $1.000M
YoY Change 5060.0% 657.78% -98.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
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dei Entity Central Index Key
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dei Document Type
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dei Document Period End Date
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2012-09-30
dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Entity Current Reporting Status
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dei Entity Filer Category
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dei Document Fiscal Year Focus
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us-gaap Share Based Compensation
ShareBasedCompensation
9472000 USD
veco Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
6800000 USD
us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
-8601000 USD
veco Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Discontinued Operations
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
44381000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-36222000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32639000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
32645000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
12494000 USD
veco Increase Decrease In Accrued Liabilities Deferred Profit And Other Current Liabilities
IncreaseDecreaseInAccruedLiabilitiesDeferredProfitAndOtherCurrentLiabilities
-49685000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-43023000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4292000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
158114000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9975000 USD
veco Restricted Stock Tax Withholdings
RestrictedStockTaxWithholdings
2919000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
8601000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
162077000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
105745000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
60095000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
47516000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-53216000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
667216000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
486639000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-110000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-252165000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
245132000 USD
CY2011Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
213236000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2060000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-31896000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
105835000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
169126000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
28273000 USD
veco Product Warranty Accrual Reclassified To Accrued Installation
ProductWarrantyAccrualReclassifiedToAccruedInstallation
1047000 USD
CY2012Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
78423000 USD
CY2013 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1600000 USD
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
4055000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-16754000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
4812000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-59203000 USD
CY2012Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3265000 USD
CY2011Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2955000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10409000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9472000 USD
veco Product Warranty Accrual Reclassified To Accrued Installation
ProductWarrantyAccrualReclassifiedToAccruedInstallation
972000 USD
veco Number Of Identified Reporting Units
NumberOfIdentifiedReportingUnits
4 Item
veco Restructuring Charges Excluding Equity Compensation Related Costs
RestructuringChargesExcludingEquityCompensationRelatedCosts
1600000 USD
CY2010Q3 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
200000000 USD
CY2011Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3994940 shares
CY2011Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
154300000 USD
CY2011Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
38.63
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4160228 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
38.96
us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
5278828 shares
CY2011Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
273372000 USD
CY2012Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
185629000 USD
CY2012Q3 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
64000 USD
CY2011Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
233000 USD
CY2012Q3 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
1000 USD
CY2011Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
273591000 USD
CY2012Q3 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
185692000 USD
CY2012Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
76800000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
176303000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
108000 USD
CY2011Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
200000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
400000 USD
CY2012Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
107269000 USD
CY2012Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
500000 USD
CY2011Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
500000 USD
CY2011Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
57169000 USD
CY2011Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
20118000 USD
CY2011Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
36147000 USD
CY2012Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
44475000 USD
CY2012Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
23780000 USD
CY2012Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6105000 USD
CY2010Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8266000 USD
CY2011Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8731000 USD
CY2012Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6246000 USD
CY2011Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8990000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2486000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5988000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6389000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6523000 USD
CY2012Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
176000 USD
CY2011Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
244000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
708000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-1142000 USD
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1477000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3877000 USD
us-gaap Restructuring Charges
RestructuringCharges
2077000 USD
us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
-300000 USD
CY2011Q3 us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
-200000 USD
us-gaap Gain Loss On Foreign Currency Derivatives Recorded In Earnings Net
GainLossOnForeignCurrencyDerivativesRecordedInEarningsNet
-700000 USD
us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
-100000 USD
CY2011Q3 us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
-300000 USD
us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
500000 USD
CY2012Q3 veco Weighted Average Notional Amount Of Derivatives
WeightedAverageNotionalAmountOfDerivatives
2200000 USD
veco Weighted Average Notional Amount Of Derivatives
WeightedAverageNotionalAmountOfDerivatives
2400000 USD
CY2012Q3 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
3700000 USD
us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
956000 USD
CY2012Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1600000 USD
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39169000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in;"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Use of Estimates</font></i></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made by management include: the best estimate of selling price for our products and services; allowance for doubtful accounts; inventory valuation; recoverability and useful lives of property, plant and equipment and identifiable intangible assets; investment valuations; fair value of derivatives; recoverability of goodwill and long lived assets; recoverability of deferred tax assets; liabilities for product warranty; accruals for contingencies; equity-based payments, including forfeitures and performance based vesting; and liabilities for tax uncertainties. Actual results could differ from those estimates.</font></p> </div>
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
275000 USD
veco Deferred Income Tax Noncash Expense Benefit
DeferredIncomeTaxNoncashExpenseBenefit
278000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
4112000 USD
us-gaap Tax Benefit From Stock Options Exercised1
TaxBenefitFromStockOptionsExercised1
-2211000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-10000 USD
veco Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities Discontinued Operations
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-904000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-34486000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-40271000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
219000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2811000 USD
veco Increase Decrease In Accrued Liabilities Deferred Profit And Other Current Liabilities
IncreaseDecreaseInAccruedLiabilitiesDeferredProfitAndOtherCurrentLiabilities
-24897000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-224000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5582000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22706000 USD
veco Transfers From Property Plant And Equipment To Inventory
TransfersFromPropertyPlantAndEquipmentToInventory
1242000 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
89848000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-58000 USD
veco Proceeds From Sale Of Assets From Discontinued Segment
ProceedsFromSaleOfAssetsFromDiscontinuedSegment
3758000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
57224000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5370000 USD
veco Restricted Stock Tax Withholdings
RestrictedStockTaxWithholdings
1418000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
2211000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
184000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5979000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
88000 USD
CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
14000 USD
CY2012Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
18519000 USD
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
33554000 USD
CY2012Q3 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
18519000 USD
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
33554000 USD
CY2012Q3 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
1000 USD
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
14000 USD
CY2012Q3 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
1000 USD
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
14000 USD
CY2012Q3 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
10300000 USD
CY2012Q3 veco Cost Method Investments Ownership Percentage Preferred Shares
CostMethodInvestmentsOwnershipPercentagePreferredShares
0.153 pure
CY2012Q3 veco Cost Method Investments Ownership Percentage
CostMethodInvestmentsOwnershipPercentage
0.120 pure
CY2012Q3 us-gaap Cost Method Investments Aggregate Carrying Amount
CostMethodInvestmentsAggregateCarryingAmount
14500000 USD
CY2011Q4 us-gaap Cost Method Investments Aggregate Carrying Amount
CostMethodInvestmentsAggregateCarryingAmount
4200000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
10341000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-200000 USD
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-100000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
100000 USD
CY2011Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
199000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
228000 USD
CY2012Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
737000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
626000 USD
CY2011Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
956000 USD
veco Available For Sale Securities Continuous Unrealized Loss Position Minimum Period
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionMinimumPeriod
P12M
CY2011 veco Restructuring Charges Excluding Equity Compensation Related Costs
RestructuringChargesExcludingEquityCompensationRelatedCosts
1034000 USD
CY2010Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
714000 USD
CY2011 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
850000 USD
CY2011 veco Restructuring Reserve Reclassification Transfer From Noncurrent
RestructuringReserveReclassificationTransferFromNoncurrent
58000 USD
CY2010Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
58000 USD
CY2011 veco Restructuring Reserve Reclassification Transfer To Current
RestructuringReserveReclassificationTransferToCurrent
58000 USD
CY2011Q4 us-gaap Deferred Revenue
DeferredRevenue
11305000 USD
CY2012Q3 us-gaap Deferred Revenue
DeferredRevenue
5716000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
132715000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
409171000 USD
CY2012Q3 veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
14219000 USD
CY2011Q3 veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
78115000 USD
veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
59892000 USD
CY2012Q3 veco Number Of Weeks In Fiscal Quarter52 Week Year
NumberOfWeeksInFiscalQuarter52WeekYear
P91D
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38577000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38402000 shares
CY2012Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
592000 shares
CY2011Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
734000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
604000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
983000 shares
veco Incremental Common Shares Attributable To Conversion Of Debt Securities Using Treasury Stock Method
IncrementalCommonSharesAttributableToConversionOfDebtSecuritiesUsingTreasuryStockMethod
826000 shares
veco Incremental Common Shares Attributable To Conversion Of Debt Securities Treasury Stock Method
IncrementalCommonSharesAttributableToConversionOfDebtSecuritiesTreasuryStockMethod
800000 shares
CY2012Q3 us-gaap Restructuring Charges
RestructuringCharges
2014000 USD
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
39246279 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39006000 shares
veco Income Loss From Continuing Operations Before Interest Income Taxes Amortization And Others Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeInterestIncomeTaxesAmortizationAndOthersMinorityInterestAndIncomeLossFromEquityMethodInvestments
257053000 USD
CY2011Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
292900000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Item
CY2011Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11753000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35863000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39983000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
107711000 USD
CY2012Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
82831000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
232765000 USD
CY2012Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
13892000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
54558000 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
25775000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
72991000 USD
CY2012Q3 us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
176000 USD
us-gaap Interest Revenue Expense Net
InterestRevenueExpenseNet
708000 USD
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-59000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9066000 USD
CY2012Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
5396000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
6534000 USD
CY2012Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
1341000 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
1722000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.20
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.92
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.12
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.20
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.90
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.13
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12096000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12181000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10629000 USD
veco Minimum Number Of Multiple Element Arrangements Examined
MinimumNumberOfMultipleElementArrangementsExamined
100 Item
veco Percentage Of Retention Revenue
PercentageOfRetentionRevenue
0.10 pure
CY2011Q4 us-gaap Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
0 Item
CY2011Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
5400000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1418000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1259000 USD

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0001104659-13-080263-index.html Edgar Link pending
0001104659-13-080263.txt Edgar Link pending
0001104659-13-080263-xbrl.zip Edgar Link pending
a13-21652_110q.htm Edgar Link pending
a13-21652_1ex10d1.htm Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
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report.css Edgar Link pending
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veco-20120930.xml Edgar Link completed
veco-20120930.xsd Edgar Link pending
veco-20120930_cal.xml Edgar Link unprocessable
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