2012 Form 10-K Financial Statement

#000089541912000044 Filed on August 21, 2012

View on sec.gov

Income Statement

Concept 2012 2011 Q2 2011 Q1
Revenue $1.165B $243.0M $219.2M
YoY Change 17.93% -8.15% -6.38%
Cost Of Revenue $755.2M $150.3M $127.8M
YoY Change 36.85% 12.6% 4.82%
Gross Profit $409.5M $92.70M $91.40M
YoY Change -6.04% -29.29% -18.54%
Gross Profit Margin 35.16% 38.15% 41.7%
Selling, General & Admin $197.1M $39.10M $37.60M
YoY Change 41.48% 4.27% 29.67%
% of Gross Profit 48.13% 42.18% 41.14%
Research & Development $143.4M $30.10M $31.02M
YoY Change 24.62% 40.0% 52.04%
% of Gross Profit 35.01% 32.47% 33.94%
Depreciation & Amortization $142.7M $30.10M $28.20M
YoY Change 31.4% 28.09% 26.46%
% of Gross Profit 34.85% 32.47% 30.86%
Operating Expenses $370.2M $71.90M $71.72M
YoY Change 38.62% 15.78% 37.13%
Operating Profit $39.26M $20.80M $19.68M
YoY Change -76.73% -69.85% -67.15%
Interest Expense $8.600M $2.200M $2.200M
YoY Change -5.49% 29.41% 4.76%
% of Operating Profit 21.91% 10.58% 11.18%
Other Income/Expense, Net $8.389M $900.0K $106.0K
YoY Change -11.89% 350.0%
Pretax Income -$5.360M $23.30M $21.95M
YoY Change -104.75% -66.86% -62.6%
Income Tax $3.235M $3.400M $3.073M
% Of Pretax Income 14.59% 14.0%
Net Earnings $44.41M $19.81M $18.88M
YoY Change -69.68% -62.48% -57.67%
Net Earnings / Revenue 3.81% 8.15% 8.61%
Basic Earnings Per Share $0.39 $0.18 $0.17
Diluted Earnings Per Share $0.39 $0.18 $0.17
COMMON SHARES
Basic Shares Outstanding 114.7M shares 108.9M shares
Diluted Shares Outstanding 115.2M shares 110.3M shares

Balance Sheet

Concept 2012 2011 Q2 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $744.5M $1.086B $1.073B
YoY Change -31.43% 1.82% 8.62%
Cash & Equivalents $178.9M $390.6M $410.4M
Short-Term Investments $565.6M $695.2M $662.7M
Other Short-Term Assets $78.60M $69.40M $62.50M
YoY Change 13.26% 17.63% 75.07%
Inventory $188.8M $176.5M $169.6M
Prepaid Expenses
Receivables $152.3M $118.5M $125.9M
Other Receivables $0.00 $6.800M $9.800M
Total Short-Term Assets $1.164B $1.457B $1.441B
YoY Change -20.08% 7.5% 14.55%
LONG-TERM ASSETS
Property, Plant & Equipment $582.5M $555.9M $533.7M
YoY Change 4.79% 32.46% 33.29%
Goodwill $326.2M
YoY Change
Intangibles $102.9M
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.300M $4.860M $4.400M
YoY Change 69.39% -6.54% -45.68%
Total Long-Term Assets $1.583B $989.8M $967.5M
YoY Change 59.95% 17.28% 16.08%
TOTAL ASSETS
Total Short-Term Assets $1.164B $1.457B $1.441B
Total Long-Term Assets $1.583B $989.8M $967.5M
Total Assets $2.748B $2.447B $2.408B
YoY Change 12.29% 11.26% 15.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $78.90M $76.59M $74.90M
YoY Change 3.0% 20.05% 5.34%
Accrued Expenses $66.50M $18.50M $23.00M
YoY Change 259.46% -29.39% -10.85%
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 $149.2M $140.3M $123.1M
YoY Change 6.34% 16.83% 5.39%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $22.70M $22.94M $23.80M
YoY Change -0.87% 97.76% 340.74%
Total Long-Term Liabilities $22.70M $44.84M $23.80M
YoY Change -0.87% 286.57% 340.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $149.2M $140.3M $123.1M
Total Long-Term Liabilities $22.70M $44.84M $23.80M
Total Liabilities $187.5M $185.2M $186.4M
YoY Change 1.24% 8.22% 12.22%
SHAREHOLDERS EQUITY
Retained Earnings $654.8M
YoY Change
Common Stock $1.594B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.560B $2.262B $2.222B
YoY Change
Total Liabilities & Shareholders Equity $2.748B $2.447B $2.408B
YoY Change 12.29% 11.26% 15.16%

Cashflow Statement

Concept 2012 2011 Q2 2011 Q1
OPERATING ACTIVITIES
Net Income $44.41M $19.81M $18.88M
YoY Change -69.68% -62.48% -57.67%
Depreciation, Depletion And Amortization $142.7M $30.10M $28.20M
YoY Change 31.4% 28.09% 26.46%
Cash From Operating Activities $242.3M $64.50M $41.10M
YoY Change -3.62% -32.11% -43.62%
INVESTING ACTIVITIES
Capital Expenditures $95.02M $51.70M $66.50M
YoY Change -59.92% 21.08% -3.06%
Acquisitions $454.6M
YoY Change
Other Investing Activities -$335.9M -$33.30M -$34.60M
YoY Change 529.03% 22.43% -81.37%
Cash From Investing Activities -$448.1M -$85.10M -$101.0M
YoY Change 47.79% 21.75% -60.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $6.969M
YoY Change -120.26%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$6.692M 700.0K 4.500M
YoY Change -115.02% -97.22% -90.2%
NET CHANGE
Cash From Operating Activities $242.3M 64.50M 41.10M
Cash From Investing Activities -$448.1M -85.10M -101.0M
Cash From Financing Activities -$6.692M 700.0K 4.500M
Net Change In Cash -$212.6M -19.90M -55.40M
YoY Change 2808.5% -139.56% -59.11%
FREE CASH FLOW
Cash From Operating Activities $242.3M $64.50M $41.10M
Capital Expenditures $95.02M $51.70M $66.50M
Free Cash Flow $147.3M $12.80M -$25.40M
YoY Change 930.19% -75.53% -690.7%

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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
2710000 USD
CY2011Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Returns And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReturnsAndAllowances
4160000 USD
CY2012Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
2668000 USD
CY2011Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
0 USD
CY2011Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1620000 USD
CY2012Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1611000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
53061000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
63623000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
0 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
0 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
31701000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
29952000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
21902000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
15735000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
890000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1045000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
1570000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
2629000 USD
CY2012Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
29307000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
19590000 USD
CY2012 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
4700000 USD
CY2012 us-gaap Gross Profit
GrossProfit
409462000 USD
CY2011 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3900000 USD
CY2010 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
3100000 USD
CY2011 us-gaap Depreciation
Depreciation
93100000 USD
CY2010 us-gaap Depreciation
Depreciation
74100000 USD
CY2012 us-gaap Depreciation
Depreciation
110600000 USD
CY2010 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
90424000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
142709000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
108605000 USD
CY2012Q2 us-gaap Description Of Types Of Products And Services From Which Each Reportable Segment Derives Its Revenues
DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reportable Segments Description </font></div><div style="line-height:120%;padding-bottom:17px;padding-top:17px;text-align:justify;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;color:#252525;text-decoration:underline;">LED Products Segment</font></div><div style="line-height:120%;padding-bottom:17px;padding-top:17px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's LED Products segment includes LED chips, LED components, and SiC wafers.</font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">LED Chips</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">LED Chip products include blue and green devices made from GaN and other materials. LED Chips or &#8220;die&#8221; are solid-state electronic components used in a number of applications and are currently available in a variety of brightness levels, wavelengths (color) and sizes. The Company uses LED chips internally in the manufacturing of LED components. LED Chips are also sold externally to customers for use in a variety of applications including video screens, gaming displays, function indicator lights, and automotive backlighting.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">LED Components</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">LED component products include a range of packaged LED products from the Company's XLamp</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#174;</sup></font><font style="font-family:inherit;font-size:10pt;"> LED components and LED modules for lighting applications to the Company's high-brightness LED components. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:41px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's XLamp LED components are lighting class packaged LED products designed to meet a broad range of market needs for lighting applications including general illumination (both indoor and outdoor applications), portable, architectural, signal and transportation lighting. The LED Components segment produces XLamp LED components for use by the Company's LED lighting segment (described below). The LED Components segment also sells XLamp LED components externally to manufacturing customers and manufacturing distributors for use in a variety of lighting applications.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's high brightness LED components consist of surface mount (SMD) and through-hole packaged LED products. The SMD LED component products are available in a full range of colors designed to meet a broad range of market needs. These products are sold to manufacturing customers and distributors in the video, signage, general illumination, automotive, gaming and specialty lighting markets. </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;text-align:left;padding-left:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">SiC Wafers</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's SiC wafers are targeted for customers who use the wafers to manufacture products for optoelectronics, RF, power switching and other applications. Corporate, government and university customers also buy SiC materials for research and development directed at optoelectronics, RF, and high power devices. The Company sells its wafers as a bare wafer or with epitaxial films of SiC or GaN materials.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Lighting Products Segment</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Lighting Products segment consists of both LED and traditional lighting systems. The Company designs, manufactures and sells lighting systems for indoor and outdoor applications, with its primary focus on LED lighting systems for the commercial and industrial markets. Lighting products are primarily sold to distributors who serve the indoor and outdoor lighting consumer and business-to-business markets.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;padding-left:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Power and RF Products Segment</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Power and RF Products segment includes power devices and RF devices. </font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Power Devices</font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's power products are made from SiC and provide faster switching speeds than comparable silicon-based power devices for a given power level. Power products are sold primarily to government contractors and distributors. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">RF Devices </font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's RF devices are made from SiC or GaN and produce higher power densities as compared to silicon or gallium arsenide. RF devices are sold primarily to government contractors and distributors.</font></div></div>
CY2010 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2010Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2010Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.45
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2010Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2010Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
840000 USD
CY2010 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
296000 USD
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
475000 USD
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.07
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.17
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.25
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2010 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.00
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.02
CY2010 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.02
CY2011 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.02
CY2012 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
0.00
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.12
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.09
CY2010 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.07
CY2010 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.01
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.00
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.02
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.00
CY2010 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.01
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.02
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.01
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
EffectiveIncomeTaxRateReconciliationTaxContingencies
-0.06
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
-0.02
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
-0.09
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Investment
EffectiveIncomeTaxRateReconciliationTaxCreditsInvestment
-0.01
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.01
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.02
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Research
EffectiveIncomeTaxRateReconciliationTaxCreditsResearch
-0.01
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.01
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.01
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.02
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.00
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.00
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.01
CY2012Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
29837000 USD
CY2011Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
18491000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
277000 USD
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
10141000 USD
CY2010 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
21722000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
277000 USD
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
10141000 USD
CY2010 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
21722000 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
99413000 USD
CY2011Q1 us-gaap Gross Profit
GrossProfit
91395000 USD
CY2011Q2 us-gaap Gross Profit
GrossProfit
92703000 USD
CY2011Q3 us-gaap Gross Profit
GrossProfit
98028000 USD
CY2012Q2 us-gaap Factors Used To Identify Entitys Reportable Segments
FactorsUsedToIdentifyEntitysReportableSegments
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In reviewing these operating segments under ASC 280 for segment reporting purposes, the Company determined that the Company's operating segments are consistent with its reportable segments. This determination was based primarily on information the Chief Executive Officer now utilizes to evaluate operations and allocate resources. Other factors used to identify the Company's reportable segments included manufacturing processes, customer base, sales and marketing strategies, and distribution channels. Thus, the Company's operating and reportable segments include:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:53px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:29px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">LED Products</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:53px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:29px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lighting Products</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:53px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:29px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Power and RF Products</font></div></td></tr></table><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's Chief Executive Officer reviews segment performance and allocates resources based upon segment revenues and segment gross profit.</font></div></div>
CY2011Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
85504000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
115581000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
128022000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
37032000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
29658000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
31638000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
31937000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
34908000 USD
CY2011Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
188364000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
491656000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
293195000 USD
CY2012 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s fiscal year is a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;"> or </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">53</font><font style="font-family:inherit;font-size:10pt;">-week period ending on the last Sunday in the month of June. The Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2012</font><font style="font-family:inherit;font-size:10pt;"> fiscal year extended from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;27, 2011</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;24, 2012</font><font style="font-family:inherit;font-size:10pt;"> and was a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;">-week fiscal year. The Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2011</font><font style="font-family:inherit;font-size:10pt;"> fiscal year extended from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;28, 2010</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;26, 2011</font><font style="font-family:inherit;font-size:10pt;"> and was a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;">-week fiscal year. The Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2010</font><font style="font-family:inherit;font-size:10pt;"> fiscal year extended from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;29, 2009</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;27, 2010</font><font style="font-family:inherit;font-size:10pt;"> and was a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">52</font><font style="font-family:inherit;font-size:10pt;">-week fiscal year. The Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2013</font><font style="font-family:inherit;font-size:10pt;"> fiscal year will extend from </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;25, 2012</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;30, 2013</font><font style="font-family:inherit;font-size:10pt;"> and will be a </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">53</font><font style="font-family:inherit;font-size:10pt;">-week fiscal year.</font></div></div>
CY2011 us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
-1952000 USD
CY2012 us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
-3481000 USD
CY2010 us-gaap Gain Loss On Disposition Of Property
GainLossOnDispositionOfProperty
-4141000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2600000 USD
CY2010 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3900000 USD
CY2011 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1500000 USD
CY2011Q2 us-gaap Goodwill
Goodwill
326178000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
616345000 USD
CY2011 us-gaap Gross Profit
GrossProfit
435773000 USD
CY2010 us-gaap Gross Profit
GrossProfit
411107000 USD
CY2011Q4 us-gaap Gross Profit
GrossProfit
105118000 USD
CY2012Q2 us-gaap Gross Profit
GrossProfit
106903000 USD
CY2010Q4 us-gaap Gross Profit
GrossProfit
121146000 USD
CY2010Q3 us-gaap Gross Profit
GrossProfit
130529000 USD
CY2011 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
500000 USD
CY2012 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
800000 USD
CY2010 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
200000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-10682000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
153848000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
110959000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
58329000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
67268000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
51624000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
47647000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
205472000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
178227000 USD
CY2010 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
53182000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31727000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3235000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-2998000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2010 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-707000 USD
CY2010 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
3945000 USD
CY2012 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
177000 USD
CY2011 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
2714000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-5830000 USD
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-16117000 USD
CY2010 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-14939000 USD
CY2010 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
71916000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
62378000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16676000 USD
CY2010 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2121000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1038000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
472000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2169000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
68000 USD
CY2010 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4135000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-2175000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-2677000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-3462000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
4105000 USD
us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
9500000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
4023000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits Investment
IncomeTaxReconciliationTaxCreditsInvestment
1401000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
3619000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
694000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
1092000 USD
CY2010 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1089000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1064000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
1646000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2012 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2010 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
1645000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
17984000 USD
CY2010 us-gaap Income Taxes Paid
IncomeTaxesPaid
33441000 USD
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
31201000 USD
CY2011Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6796000 USD
CY2012Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
0 USD
CY2012 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-10105000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
18442000 USD
CY2010 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
15717000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9365000 USD
CY2010 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
14555000 USD
CY2011 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
963000 USD
CY2010 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
33129000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-26904000 USD
CY2011 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
63450000 USD
CY2012 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-2846000 USD
CY2010 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
52964000 USD
CY2011 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
29897000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
931000 USD
CY2010 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
18084000 USD
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17090000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2747498000 USD
CY2011Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2446722000 USD
CY2012Q2 us-gaap Liabilities Current
LiabilitiesCurrent
149177000 USD
CY2011Q2 us-gaap Liabilities Current
LiabilitiesCurrent
140316000 USD
CY2011Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
44842000 USD
CY2011Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
102860000 USD
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
376075000 USD
CY2010 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7400000 USD
CY2011 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8528000 USD
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7457000 USD
CY2012Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
56990000 USD
CY2011Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
62885000 USD
CY2011Q2 us-gaap Inventory Net
InventoryNet
176482000 USD
CY2012Q2 us-gaap Inventory Net
InventoryNet
188849000 USD
CY2012Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
57618000 USD
CY2011Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
38781000 USD
CY2011Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
74816000 USD
CY2012Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
74241000 USD
CY2011 us-gaap Inventory Write Down
InventoryWriteDown
14600000 USD
CY2012 us-gaap Inventory Write Down
InventoryWriteDown
14700000 USD
CY2010 us-gaap Inventory Write Down
InventoryWriteDown
16200000 USD
CY2010 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-9502000 USD
CY2012 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-8330000 USD
CY2011 us-gaap Investment Income Net Amortization Of Discount And Premium
InvestmentIncomeNetAmortizationOfDiscountAndPremium
-15696000 USD
CY2012Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
38430000 USD
CY2012 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cree, Inc. (the &#8220;Company&#8221;) is a leading innovator of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company's products are targeted for applications such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, solar inverters and wireless systems.</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. The physical and electronic properties of SiC and GaN offer technical advantages over traditional silicon, gallium arsenide (GaAs) and other materials used for electronic and opto-electronic applications.</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's LED products consist of LED components, LED chips, and SiC wafers. As LED technology improves, the Company believes the potential market for LED lighting will continue to expand. The Company's success in selling LED products depends upon the ability to offer innovative products and solutions that enable its customers to develop and market LED based products that successfully compete and drive LED adoption against traditional lighting products.</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's lighting products consist of both LED and traditional lighting systems. The Company designs, manufactures and sells lighting systems for indoor and outdoor applications, with a primary focus on LED lighting systems for the commercial and industrial markets. The Company also uses its LED systems expertise to accelerate LED lighting adoption and expand the market for its LED components.</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, the Company develops, manufactures and sells power and RF devices. The Company's power products are made from SiC and provide faster switching speeds than comparable silicon-based power devices for a given power level. The Company's RF devices are made from GaN and produce higher power densities as compared to silicon or gallium arsenide.</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The majority of the Company's products are manufactured at its production facilities located in North Carolina, Wisconsin, and China. The Company also uses contract manufacturers for certain aspects of product fabrication, assembly and packaging. The Company operates research and development facilities in North Carolina, California, Wisconsin, and China.</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cree, Inc. is a North Carolina corporation established in 1987. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">June&#160;24, 2012</font><font style="font-family:inherit;font-size:10pt;">, the Company has </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">three</font><font style="font-family:inherit;font-size:10pt;"> reportable segments:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">LED Products</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Lighting Products</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Power and RF Products</font></div></td></tr></table><div style="line-height:120%;text-align:justify;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Reportable segments are components of an entity that have separate financial data that the entity's Chief Operating Decision Maker (CODM) regularly reviews when allocating resources and assessing performance. The Company's CODM is the Chief Executive Officer.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> For financial results by reportable segment, please refer to Note 13, "Reportable Segments."</font></div></div>
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6692000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
44546000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
619799000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-448141000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-763387000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-303234000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
250569000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
251380000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
242280000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
44412000 USD
CY2010 us-gaap Net Income Loss
NetIncomeLoss
152290000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
146500000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
19808000 USD
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
12078000 USD
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
18881000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
9489000 USD
CY2010Q3 us-gaap Net Income Loss
NetIncomeLoss
58036000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
10026000 USD
CY2010Q4 us-gaap Net Income Loss
NetIncomeLoss
49775000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
12819000 USD
CY2012Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 operating_segments
CY2012 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 reportable_segments
CY2012Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 reportable_segments
CY2011 us-gaap Operating Expenses
OperatingExpenses
267067000 USD
CY2012 us-gaap Operating Expenses
OperatingExpenses
370204000 USD
CY2010 us-gaap Operating Expenses
OperatingExpenses
213329000 USD
CY2010 us-gaap Operating Income Loss
OperatingIncomeLoss
197778000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
39258000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
168706000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
12736000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3239000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1555000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2033000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2658000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3094000 USD
CY2012Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
157000 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4600000 USD
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
3000000 USD
CY2010 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2700000 USD
CY2011Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4860000 USD
CY2012Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8336000 USD
CY2010 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
0 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-335000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
920000 USD
CY2010 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
935000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1749000 USD
CY2010 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
591000 USD
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1059000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
558000 USD
CY2011Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
29739000 USD
CY2012Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
36633000 USD
CY2011Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22940000 USD
CY2012Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
22695000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
932000 USD
CY2011 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
993000 USD
CY2010 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
294000 USD
CY2012 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
0 USD
CY2010 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
57050000 USD
CY2011 us-gaap Payments For Proceeds From Previous Acquisition
PaymentsForProceedsFromPreviousAcquisition
0 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11981000 USD
CY2010 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2012 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
345457000 USD
CY2010 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
660823000 USD
CY2011 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
382520000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
454605000 USD
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2010 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2010 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9273000 USD
CY2011 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
12752000 USD
CY2012 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
17204000 USD
CY2011 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
237085000 USD
CY2012 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
95015000 USD
CY2010 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
168624000 USD
CY2011Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2011Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
3000000 shares
CY2012Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2011Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2011Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2011Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
51494000 USD
CY2012Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
56917000 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5012000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
34405000 USD
CY2010 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
598077000 USD
CY2009Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
434000000 USD
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
186425000 USD
CY2010 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
121808000 USD
CY2011 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
252603000 USD
CY2011 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
89474000 USD
CY2010 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
19120000 USD
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
277463000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
252000 USD
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
205000 USD
CY2010 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
228000 USD
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5513000 USD
CY2010Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
1308000 USD
CY2009Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
662000 USD
CY2011Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
2235000 USD
CY2010 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2012 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
5623000 USD
CY2011 us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
CY2012 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1055000 USD
CY2010 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
990000 USD
CY2011 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1573000 USD
CY2011Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1205869000 USD
CY2012Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1330885000 USD
CY2012Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
582461000 USD
CY2011Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
555929000 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1029000 USD
CY2010 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
738000 USD
CY2011 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-956000 USD
CY2012 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts in the accompanying consolidated financial statements have been reclassified to conform to the current year presentation. These reclassifications had no effect on previously reported net income or shareholders&#8217; equity.</font></div></div>
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
143357000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
115035000 USD
CY2010 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
81407000 USD
CY2011Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
654807000 USD
CY2012Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
687238000 USD
CY2011 us-gaap Revenues
Revenues
987615000 USD
CY2010 us-gaap Revenues
Revenues
867287000 USD
CY2012 us-gaap Revenues
Revenues
1164658000 USD
CY2011Q4 us-gaap Revenues
Revenues
304118000 USD
CY2012Q2 us-gaap Revenues
Revenues
306759000 USD
CY2011Q2 us-gaap Revenues
Revenues
243027000 USD
CY2010Q4 us-gaap Revenues
Revenues
256983000 USD
CY2010Q3 us-gaap Revenues
Revenues
268437000 USD
CY2011Q1 us-gaap Revenues
Revenues
219168000 USD
CY2011Q3 us-gaap Revenues
Revenues
268980000 USD
CY2012Q1 us-gaap Revenues
Revenues
284801000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
197092000 USD
CY2010 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
115601000 USD
CY2011 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
139304000 USD
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
24067000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
46393000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
38240000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.567
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.517
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.484
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0047
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0176
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0095
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
118162000 USD
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1605000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
40042000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
22.83
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.67
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
14.58
CY2012Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
3760000 shares
CY2012Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
8800000 shares
CY2010 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y8M12D
CY2012 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y7M17D
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y6M
CY2012Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
34.69
CY2012Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
36.71
CY2012 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y8M16D
CY2011Q2 us-gaap Short Term Investments
ShortTermInvestments
695199000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
741000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
42000 USD
CY2012 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-2600000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1356000 USD
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
600000 USD
CY2012Q2 us-gaap Short Term Investments
ShortTermInvestments
565628000 USD
CY2012Q2 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
2200000 USD
CY2011 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
521000 USD
CY2010 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
247000 USD
CY2012 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
2522000 USD
CY2010 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-97000 USD
CY2012 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-878000 USD
CY2011 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
-125000 USD
CY2009Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
12650000 shares
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
223406000 USD
CY2010 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
596994000 USD
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
39170000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
10300000 shares
CY2011 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2010 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2012 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
12837000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
205400000 USD
CY2011Q2 us-gaap Stockholders Equity
StockholdersEquity
2261564000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
2559891000 USD
CY2009Q2 us-gaap Stockholders Equity
StockholdersEquity
1224748000 USD
CY2010Q2 us-gaap Stockholders Equity
StockholdersEquity
2028048000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
19.95
CY2012Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
229000000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4421000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6987000 USD
CY2010Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7602000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2012 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1966000 USD
CY2012 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
4400000 USD
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-indent:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (&#8220;U.S. GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and the disclosure of contingent assets and liabilities. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, provision for doubtful accounts, sales returns, sales price discounts and incentives, provision for inventory obsolescence, fair value of investments, fair value of acquired intangible assets and goodwill, useful lives of intangible assets and property and equipment, income taxes, product warranty obligations, employee stock options, and contingencies and litigation, among others. The Company generally bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual amounts recorded could differ materially from those estimates.</font></div></div>
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
532000 shares
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1513000 shares
CY2010 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2327000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
110035000 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115225000 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104698000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114693000 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102371000 shares
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
108522000 shares
CY2011 cree Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
238000 USD
CY2012 cree Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
0 USD
CY2010 cree Allowance For Doubtful Accounts Receivable Write Offs Net Of Recoveries
AllowanceForDoubtfulAccountsReceivableWriteOffsNetOfRecoveries
1322000 USD
CY2012Q2 cree Allowance For Sales Returns And Other Incentives
AllowanceForSalesReturnsAndOtherIncentives
20681000 USD
CY2011Q2 cree Allowance For Sales Returns And Other Incentives
AllowanceForSalesReturnsAndOtherIncentives
19615000 USD
CY2010Q2 cree Allowance For Sales Returns And Other Incentives
AllowanceForSalesReturnsAndOtherIncentives
20551000 USD
CY2009Q2 cree Allowance For Sales Returns And Other Incentives
AllowanceForSalesReturnsAndOtherIncentives
9644000 USD
CY2012 cree Allowance For Sales Returns And Other Incentives Current Period Claims
AllowanceForSalesReturnsAndOtherIncentivesCurrentPeriodClaims
64826000 USD
CY2011 cree Allowance For Sales Returns And Other Incentives Current Period Claims
AllowanceForSalesReturnsAndOtherIncentivesCurrentPeriodClaims
47448000 USD
CY2010 cree Allowance For Sales Returns And Other Incentives Current Period Claims
AllowanceForSalesReturnsAndOtherIncentivesCurrentPeriodClaims
23036000 USD
CY2010 cree Allowance For Sales Returns And Other Incentives Provision For Sales Returns
AllowanceForSalesReturnsAndOtherIncentivesProvisionForSalesReturns
33943000 USD
CY2012 cree Allowance For Sales Returns And Other Incentives Provision For Sales Returns
AllowanceForSalesReturnsAndOtherIncentivesProvisionForSalesReturns
65892000 USD
CY2011 cree Allowance For Sales Returns And Other Incentives Provision For Sales Returns
AllowanceForSalesReturnsAndOtherIncentivesProvisionForSalesReturns
46512000 USD
CY2012Q2 cree Business Acquisition Fair Value Adjustment Inventory
BusinessAcquisitionFairValueAdjustmentInventory
800000 USD
CY2012Q2 cree Business Acquisition Purchase Price Allocation Preclosing Taxes Paid
BusinessAcquisitionPurchasePriceAllocationPreclosingTaxesPaid
-200000 USD
CY2012 cree Common Stock Closing Price Per Share
CommonStockClosingPricePerShare
24.45
CY2012Q2 cree Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax Realized To Additional Paid In Capital
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTaxRealizedToAdditionalPaidInCapital
800000 USD
CY2011Q2 cree Deferred Tax Assets Tax Credit Carryforwards Federal
DeferredTaxAssetsTaxCreditCarryforwardsFederal
0 USD
CY2012Q2 cree Deferred Tax Assets Tax Credit Carryforwards Federal
DeferredTaxAssetsTaxCreditCarryforwardsFederal
290000 USD
CY2012Q2 cree Deferred Tax Assets Tax Credit Carryforwards General Business Realized To Additional Paid In Capital
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusinessRealizedToAdditionalPaidInCapital
3500000 USD
CY2012Q2 cree Employee Benefit Retirement Savings Plans Number Of Plans
EmployeeBenefitRetirementSavingsPlansNumberOfPlans
1 plans
CY2011 cree Fiscal Year Period
FiscalYearPeriod
P52W
CY2013 cree Fiscal Year Period
FiscalYearPeriod
P53W
CY2012 cree Fiscal Year Period
FiscalYearPeriod
P52W
CY2010 cree Fiscal Year Period
FiscalYearPeriod
P52W
CY2011 cree Gross Profit Before Unallocated Variable Cost Of Sales
GrossProfitBeforeUnallocatedVariableCostOfSales
448938000 USD
CY2010 cree Gross Profit Before Unallocated Variable Cost Of Sales
GrossProfitBeforeUnallocatedVariableCostOfSales
426205000 USD
CY2011Q2 cree Inventory Before Unallocated Costs Net
InventoryBeforeUnallocatedCostsNet
173078000 USD
CY2012Q2 cree Inventory Before Unallocated Costs Net
InventoryBeforeUnallocatedCostsNet
184692000 USD
CY2011 cree Payments For Proceeds From Previous Acquisition Of Company
PaymentsForProceedsFromPreviousAcquisitionOfCompany
13159000 USD
CY2012 cree Fiscal Year Period Maximum
FiscalYearPeriodMaximum
P53W
CY2012 cree Fiscal Year Period Minimum
FiscalYearPeriodMinimum
P52W
CY2012 cree Gross Profit Before Unallocated Variable Cost Of Sales
GrossProfitBeforeUnallocatedVariableCostOfSales
426089000 USD
CY2011Q3 cree Number Of Foreign Subsidiaries Acquired
NumberOfForeignSubsidiariesAcquired
2 foreign_subsidiary_acquired
CY2012 cree Number Of Times Employees Can Purchase Stock Per Year
NumberOfTimesEmployeesCanPurchaseStockPerYear
2
CY2012 cree Payments For Proceeds From Previous Acquisition Of Company
PaymentsForProceedsFromPreviousAcquisitionOfCompany
0 USD
CY2010 cree Payments For Proceeds From Previous Acquisition Of Company
PaymentsForProceedsFromPreviousAcquisitionOfCompany
8773000 USD
CY2010 cree Percentage Of Revenues From External Customers
PercentageOfRevenuesFromExternalCustomers
1.00
CY2012 cree Percentage Of Revenues From External Customers
PercentageOfRevenuesFromExternalCustomers
1.00
CY2011 cree Percentage Of Revenues From External Customers
PercentageOfRevenuesFromExternalCustomers
1.00
CY2002Q2 cree Rate Of Right With Respect To Each Share Of Common Stock
RateOfRightWithRespectToEachShareOfCommonStock
one
CY2012 cree Share Based Compensation Equity Based Compensation Plan Number
ShareBasedCompensationEquityBasedCompensationPlanNumber
1 plans
CY2011Q2 cree Unallocated Inventory Costs
UnallocatedInventoryCosts
3404000 USD
CY2012Q2 cree Unallocated Inventory Costs
UnallocatedInventoryCosts
4157000 USD
CY2010 cree Unallocated Variable Cost Of Sales
UnallocatedVariableCostOfSales
15098000 USD
CY2012 cree Unallocated Variable Cost Of Sales
UnallocatedVariableCostOfSales
16627000 USD
CY2011 cree Unallocated Variable Cost Of Sales
UnallocatedVariableCostOfSales
13165000 USD
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-24
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-06-24
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0000895419
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
115953015 shares
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2011Q4 dei Entity Public Float
EntityPublicFloat
2472345957 USD
CY2012 dei Entity Registrant Name
EntityRegistrantName
CREE INC
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

Files In Submission

Name View Source Status
0000895419-12-000044-index-headers.html Edgar Link pending
0000895419-12-000044-index.html Edgar Link pending
0000895419-12-000044.txt Edgar Link pending
0000895419-12-000044-xbrl.zip Edgar Link pending
cree-06242012x10k.htm Edgar Link pending
cree-20120624.xml Edgar Link completed
cree-20120624.xsd Edgar Link pending
cree-20120624_cal.xml Edgar Link unprocessable
cree-20120624_def.xml Edgar Link unprocessable
cree-20120624_lab.xml Edgar Link unprocessable
cree-20120624_pre.xml Edgar Link unprocessable
cree06242012ex211.htm Edgar Link pending
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