2022 Q1 Form 10-Q Financial Statement

#000183559122000038 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $485.5M $628.9M $505.7M
YoY Change -3.99% 52.07%
Cost Of Revenue $412.7M $551.7M $419.0M
YoY Change -1.5% 47.11%
Gross Profit $72.80M $77.21M $86.70M
YoY Change -16.03% 81.66%
Gross Profit Margin 14.99% 12.28% 17.14%
Selling, General & Admin $62.40M $62.17M $58.10M
YoY Change 7.4% 92.92%
% of Gross Profit 85.71% 80.52% 67.01%
Research & Development $9.200M $34.20M $9.800M
YoY Change -6.12% 165.44%
% of Gross Profit 12.64% 44.29% 11.3%
Depreciation & Amortization $700.0K $828.0K $500.0K
YoY Change 40.0% 16.55%
% of Gross Profit 0.96% 1.07% 0.58%
Operating Expenses $85.70M $97.20M $72.90M
YoY Change 17.56% 96.9%
Operating Profit -$12.90M -$19.99M $13.80M
YoY Change -193.48% 28.94%
Interest Expense $0.00 $73.00K $100.0K
YoY Change -100.0% -71.26%
% of Operating Profit 0.72%
Other Income/Expense, Net $0.00 $3.178M -$100.0K
YoY Change -100.0% -114.43%
Pretax Income -$12.90M -$16.74M $13.70M
YoY Change -194.16%
Income Tax -$1.900M -$6.560M $10.30M
% Of Pretax Income 75.18%
Net Earnings -$11.00M -$10.18M $3.400M
YoY Change -423.53% -63.39%
Net Earnings / Revenue -2.27% -1.62% 0.67%
Basic Earnings Per Share -$0.06 $0.02
Diluted Earnings Per Share -$0.06 -$53.90K $0.02
COMMON SHARES
Basic Shares Outstanding 191.2M shares 145.7M shares
Diluted Shares Outstanding 191.2M shares 157.2M shares

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $309.7M $331.6M $435.1M
YoY Change -28.82%
Cash & Equivalents $309.7M $331.6M $435.1M
Short-Term Investments
Other Short-Term Assets $84.60M $84.80M $56.60M
YoY Change 49.47% 52.79%
Inventory $12.20M $11.90M $9.743M
Prepaid Expenses
Receivables $321.0M $375.1M $248.5M
Other Receivables $31.30M $31.30M $800.0K
Total Short-Term Assets $758.8M $834.7M $750.8M
YoY Change 1.07% 22.46%
LONG-TERM ASSETS
Property, Plant & Equipment $13.60M $10.30M $9.829M
YoY Change 38.37% 30.38%
Goodwill $44.80M $44.80M $44.79M
YoY Change 0.03% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.20M $15.60M $13.22M
YoY Change 45.26% 11.43%
Total Long-Term Assets $108.0M $101.1M $93.36M
YoY Change 15.68% 8.24%
TOTAL ASSETS
Total Short-Term Assets $758.8M $834.7M $750.8M
Total Long-Term Assets $108.0M $101.1M $93.36M
Total Assets $866.8M $935.8M $844.2M
YoY Change 2.68% 20.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $144.9M $118.9M $128.4M
YoY Change 12.88% -28.72%
Accrued Expenses $169.7M $185.8M $146.0M
YoY Change 16.2% 19.87%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $521.0M $591.1M $523.4M
YoY Change -0.46% -4.28%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $16.40M $14.10M $7.810M
YoY Change 109.99% 71.95%
Total Long-Term Liabilities $16.40M $14.10M $7.810M
YoY Change 109.99% 71.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $521.0M $591.1M $523.4M
Total Long-Term Liabilities $16.40M $14.10M $7.810M
Total Liabilities $537.4M $605.2M $531.2M
YoY Change 1.17% -3.28%
SHAREHOLDERS EQUITY
Retained Earnings -$3.500M $7.500M $50.21M
YoY Change -106.97% -84.01%
Common Stock $0.00 $0.00 $18.00K
YoY Change -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $329.4M $330.6M $312.9M
YoY Change
Total Liabilities & Shareholders Equity $866.8M $935.8M $844.2M
YoY Change 2.68% 20.75%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income -$11.00M -$10.18M $3.400M
YoY Change -423.53% -63.39%
Depreciation, Depletion And Amortization $700.0K $828.0K $500.0K
YoY Change 40.0% 16.55%
Cash From Operating Activities -$10.50M -$33.83M $84.80M
YoY Change -112.38% -433.52%
INVESTING ACTIVITIES
Capital Expenditures $4.000M -$821.0K $2.300M
YoY Change 73.91% 721.43%
Acquisitions
YoY Change
Other Investing Activities -$700.0K $49.00K
YoY Change
Cash From Investing Activities -$4.700M -$772.0K -$2.300M
YoY Change 104.35% 721.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$6.700M -9.642M $146.0M
YoY Change -104.59% 92305.06%
NET CHANGE
Cash From Operating Activities -$10.50M -33.83M $84.80M
Cash From Investing Activities -$4.700M -772.0K -$2.300M
Cash From Financing Activities -$6.700M -9.642M $146.0M
Net Change In Cash -$21.90M -44.25M $227.4M
YoY Change -109.63% -990.02%
FREE CASH FLOW
Cash From Operating Activities -$10.50M -$33.83M $84.80M
Capital Expenditures $4.000M -$821.0K $2.300M
Free Cash Flow -$14.50M -$33.01M $82.50M
YoY Change -117.58% -420.94%

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IncreaseDecreaseInOtherNoncurrentAssets
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
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CY2021Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
26000000.0 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-38200000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-16100000 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19700000 USD
CY2022Q1 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-9600000 USD
CY2021Q1 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
-3900000 USD
CY2022Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
0 USD
CY2021Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
6800000 USD
CY2022Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
500000 USD
CY2021Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
0 USD
CY2022Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
2300000 USD
CY2021Q1 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-400000 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10500000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
84800000 USD
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4000000.0 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2300000 USD
CY2022Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
700000 USD
CY2021Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4700000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2300000 USD
CY2022Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5200000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2022Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2021Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
600000 USD
CY2022Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2021Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
148000000.0 USD
CY2022Q1 vzio Payments Of Deferred Offering Costs
PaymentsOfDeferredOfferingCosts
0 USD
CY2021Q1 vzio Payments Of Deferred Offering Costs
PaymentsOfDeferredOfferingCosts
1400000 USD
CY2022Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
11900000 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 USD
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6700000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
146000000.0 USD
CY2022Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2021Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1100000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21900000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
227400000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
331600000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207700000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
309700000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
435100000 USD
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
900000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
100000 USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
100000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
100000 USD
CY2022Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
3500000 USD
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2022Q1 vzio Cash Paid For Measurement Of Operating Lease Liabilities
CashPaidForMeasurementOfOperatingLeaseLiabilities
800000 USD
CY2021Q1 vzio Cash Paid For Measurement Of Operating Lease Liabilities
CashPaidForMeasurementOfOperatingLeaseLiabilities
700000 USD
CY2022Q1 vzio Employee Taxes Withheld But Not Yet Paid To Taxing Authority
EmployeeTaxesWithheldButNotYetPaidToTaxingAuthority
0 USD
CY2021Q1 vzio Employee Taxes Withheld But Not Yet Paid To Taxing Authority
EmployeeTaxesWithheldButNotYetPaidToTaxingAuthority
9100000 USD
CY2022Q1 vzio Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
0 USD
CY2021Q1 vzio Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
1700000 USD
CY2022Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ReclassificationsThe Company has reclassified Research and development costs from Selling, general and administrative amounts for the three months ended March 31, 2021, to conform to the current year presentation.
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results may differ from those estimates and assumptions. Significant items subject to such estimates and assumptions include the allowances for doubtful accounts and sales returns, reserves for excess and obsolete inventory, accrued price protection and rebates, accrued royalties, share-based compensation, valuation of deferred tax assets and other contingencies. Supplier and customer concentrations also increase the degree of uncertainty inherent in these estimates and assumptions.</span></div>
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
100000 USD
CY2022Q1 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
0 USD
CY2021Q4 us-gaap Contract With Customer Asset Gross
ContractWithCustomerAssetGross
0 USD
CY2022Q1 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
0 USD
CY2021Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
0 USD
CY2022Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
324100000 USD
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
375200000 USD
CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3100000 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
321000000.0 USD
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
375100000 USD
CY2022Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3100000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
12200000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
11900000 USD
CY2022Q1 vzio Cost Recycling
CostRecycling
2100000 USD
CY2021Q1 vzio Cost Recycling
CostRecycling
2600000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
45200000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
41200000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
31600000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30900000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13600000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10300000 USD
CY2022Q1 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
2300000 USD
CY2021Q1 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
600000 USD
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
700000 USD
CY2021Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
700000 USD
CY2022Q1 us-gaap Depreciation
Depreciation
700000 USD
CY2021Q1 us-gaap Depreciation
Depreciation
500000 USD
CY2022Q1 vzio Accrued Price Protection Current
AccruedPriceProtectionCurrent
56000000.0 USD
CY2021Q4 vzio Accrued Price Protection Current
AccruedPriceProtectionCurrent
67200000 USD
CY2022Q1 vzio Accrued Other Customer Related Expenses Current
AccruedOtherCustomerRelatedExpensesCurrent
46200000 USD
CY2021Q4 vzio Accrued Other Customer Related Expenses Current
AccruedOtherCustomerRelatedExpensesCurrent
48400000 USD
CY2022Q1 vzio Accrued Supplier And Partner Related Expenses Current
AccruedSupplierAndPartnerRelatedExpensesCurrent
36700000 USD
CY2021Q4 vzio Accrued Supplier And Partner Related Expenses Current
AccruedSupplierAndPartnerRelatedExpensesCurrent
39200000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20100000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21600000 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
10700000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9400000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
169700000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
185800000 USD
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
14400000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.80
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M18D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
181400000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
300000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
13.51
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1900000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.94
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
500000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
10.84
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12300000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.40
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M18D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
18400000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.95
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
7500000 shares
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
4.07
CY2022Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y8M12D
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
36200000 USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.59
CY2022Q1 vzio Effective Income Tax Rate Reconciliation Share Based Payment Arrangement Tax Excess Benefits And Compensation Deduction Limitation Amount
EffectiveIncomeTaxRateReconciliationShareBasedPaymentArrangementTaxExcessBenefitsAndCompensationDeductionLimitationAmount
3100000 USD
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16500000 USD
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
26000000.0 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
73700000 USD
CY2022Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-2100000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1900000 USD
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.15
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10300000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.75
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11800000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8900000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
3200000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2400000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8600000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
6500000 USD
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y7M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y2M12D
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.041
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.037
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
900000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2500000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2800000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2500000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2400000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2300000 USD
CY2022Q1 vzio Lessee Operating Lease Liability To Be Paid Year Five And After
LesseeOperatingLeaseLiabilityToBePaidYearFiveAndAfter
500000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
13000000.0 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1200000 USD
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11800000 USD
CY2022Q1 vzio Supply Commitment Liability Amount
SupplyCommitmentLiabilityAmount
0 USD

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