2020 Q3 Form 10-Q Financial Statement
#000089541920000131 Filed on October 29, 2020
Income Statement
Concept | 2020 Q3 | 2019 Q3 |
---|---|---|
Revenue | $115.5M | $127.7M |
YoY Change | -9.55% | 0.24% |
Cost Of Revenue | $80.00M | $75.20M |
YoY Change | 6.38% | 7.28% |
Gross Profit | $35.50M | $52.50M |
YoY Change | -32.38% | -8.38% |
Gross Profit Margin | 30.74% | 41.11% |
Selling, General & Admin | $44.00M | $57.60M |
YoY Change | -23.61% | 31.21% |
% of Gross Profit | 123.94% | 109.71% |
Research & Development | $41.20M | $43.70M |
YoY Change | -5.72% | 20.39% |
% of Gross Profit | 116.06% | 83.24% |
Depreciation & Amortization | $27.40M | $28.60M |
YoY Change | -4.2% | -3.05% |
% of Gross Profit | 77.18% | 54.48% |
Operating Expenses | $85.20M | $101.3M |
YoY Change | -15.89% | -20.64% |
Operating Profit | -$62.20M | -$38.90M |
YoY Change | 59.9% | -460.19% |
Interest Expense | $13.10M | $7.400M |
YoY Change | 77.03% | -176.29% |
% of Operating Profit | ||
Other Income/Expense, Net | -$13.90M | $1.600M |
YoY Change | -968.75% | -116.49% |
Pretax Income | -$76.10M | -$37.30M |
YoY Change | 104.02% | -3490.91% |
Income Tax | -$800.0K | $500.0K |
% Of Pretax Income | ||
Net Earnings | -$184.4M | -$37.80M |
YoY Change | 387.83% | 240.54% |
Net Earnings / Revenue | -159.65% | -29.6% |
Basic Earnings Per Share | -$1.68 | -$0.35 |
Diluted Earnings Per Share | -$1.68 | -$0.35 |
COMMON SHARES | ||
Basic Shares Outstanding | 109.7M shares | 107.0M shares |
Diluted Shares Outstanding | 109.7M shares |
Balance Sheet
Concept | 2020 Q3 | 2019 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.139B | $993.9M |
YoY Change | 14.55% | 49.34% |
Cash & Equivalents | $436.4M | $433.3M |
Short-Term Investments | $702.1M | $560.6M |
Other Short-Term Assets | $14.60M | $15.60M |
YoY Change | -6.41% | -24.97% |
Inventory | $187.3M | $182.9M |
Prepaid Expenses | $28.40M | $22.80M |
Receivables | $108.5M | $137.6M |
Other Receivables | $6.700M | $0.00 |
Total Short-Term Assets | $1.485B | $1.353B |
YoY Change | 9.78% | 10.02% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $940.9M | $656.5M |
YoY Change | 43.32% | -1.77% |
Goodwill | $424.3M | $530.0M |
YoY Change | -19.94% | -14.56% |
Intangibles | $175.4M | $191.9M |
YoY Change | -8.6% | -49.68% |
Long-Term Investments | $53.00M | $42.90M |
YoY Change | 23.54% | -14.54% |
Other Assets | $37.10M | $17.20M |
YoY Change | 115.7% | 45.29% |
Total Long-Term Assets | $1.638B | $1.444B |
YoY Change | 13.47% | -16.93% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.485B | $1.353B |
Total Long-Term Assets | $1.638B | $1.444B |
Total Assets | $3.123B | $2.797B |
YoY Change | 11.68% | -5.76% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $123.7M | $84.50M |
YoY Change | 46.39% | -42.6% |
Accrued Expenses | $70.30M | $29.90M |
YoY Change | 135.12% | -68.53% |
Deferred Revenue | $36.20M | $43.20M |
YoY Change | -16.2% | -15.71% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $400.0K | |
YoY Change | ||
Total Short-Term Liabilities | $343.4M | $242.7M |
YoY Change | 41.49% | -17.34% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $803.9M | $474.7M |
YoY Change | 69.35% | 4.88% |
Other Long-Term Liabilities | $57.80M | $52.10M |
YoY Change | 10.94% | 155.4% |
Total Long-Term Liabilities | $864.8M | $528.3M |
YoY Change | 63.69% | 11.15% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $343.4M | $242.7M |
Total Long-Term Liabilities | $864.8M | $528.3M |
Total Liabilities | $1.208B | $771.0M |
YoY Change | 56.71% | 0.27% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.224B | -$885.3M |
YoY Change | 38.21% | 83.11% |
Common Stock | $100.0K | $100.0K |
YoY Change | 0.0% | -100.0% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.909B | $2.021B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.123B | $2.797B |
YoY Change | 11.68% | -5.76% |
Cashflow Statement
Concept | 2020 Q3 | 2019 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$184.4M | -$37.80M |
YoY Change | 387.83% | 240.54% |
Depreciation, Depletion And Amortization | $27.40M | $28.60M |
YoY Change | -4.2% | -3.05% |
Cash From Operating Activities | $400.0K | -$20.00M |
YoY Change | -102.0% | -144.64% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $113.5M | $42.00M |
YoY Change | 170.24% | 35.48% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $99.90M | -$9.200M |
YoY Change | -1185.87% | -86.65% |
Cash From Investing Activities | -$16.00M | -$52.30M |
YoY Change | -69.41% | -48.88% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $18.60M | |
YoY Change | 20.0% | |
Debt Paid & Issued, Net | $100.0K | $0.00 |
YoY Change | -100.0% | |
Cash From Financing Activities | $3.100M | $5.400M |
YoY Change | -42.59% | -98.03% |
NET CHANGE | ||
Cash From Operating Activities | $400.0K | -$20.00M |
Cash From Investing Activities | -$16.00M | -$52.30M |
Cash From Financing Activities | $3.100M | $5.400M |
Net Change In Cash | -$12.40M | -$67.20M |
YoY Change | -81.55% | -130.91% |
FREE CASH FLOW | ||
Cash From Operating Activities | $400.0K | -$20.00M |
Capital Expenditures | $113.5M | $42.00M |
Free Cash Flow | -$113.1M | -$62.00M |
YoY Change | 82.42% | -549.28% |
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-38900000 | USD |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14000000.0 | USD |
CY2019Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1600000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-184000000.0 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-37300000 | USD |
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
100000 | USD |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
500000 | USD |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-184100000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-37800000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
300000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-184400000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37800000 | USD |
CY2020Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.68 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.35 | |
CY2020Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
109705000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
107113000 | shares |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-184100000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-37800000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
0 | USD |
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
500000 | USD |
CY2020Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-184100000 | USD |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-37300000 | USD |
CY2020Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
300000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2020Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-184400000 | USD |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-37300000 | USD |
CY2020Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
109230000 | shares |
CY2020Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2089200000 | USD |
CY2020Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-184100000 | USD |
CY2020Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
0 | USD |
CY2020Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-184100000 | USD |
CY2020Q3 | cree |
Apic Share Based Payment Arrangement Tax Withholding On Vested Equity Awards
APICShareBasedPaymentArrangementTaxWithholdingOnVestedEquityAwards
|
22700000 | USD |
CY2020Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
16200000 | USD |
CY2020Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
16500000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1915100000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2041200000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-37800000 | USD |
CY2019Q3 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
500000 | USD |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-37300000 | USD |
CY2019Q3 | cree |
Apic Share Based Payment Arrangement Tax Withholding On Vested Equity Awards
APICShareBasedPaymentArrangementTaxWithholdingOnVestedEquityAwards
|
14300000 | USD |
CY2019Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
17400000 | USD |
CY2019Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
18600000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2025600000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-184100000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-37800000 | USD |
CY2020Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
33900000 | USD |
CY2019Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
28600000 | USD |
CY2020Q3 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
9400000 | USD |
CY2019Q3 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
5600000 | USD |
CY2020Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
15700000 | USD |
CY2019Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16900000 | USD |
CY2020Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
105700000 | USD |
CY2019Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | USD |
CY2020Q3 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-200000 | USD |
CY2019Q3 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-1000000.0 | USD |
CY2020Q3 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-1500000 | USD |
CY2019Q3 | us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
0 | USD |
CY2020Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-3400000 | USD |
CY2019Q3 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
3500000 | USD |
CY2020Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
500000 | USD |
CY2019Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-100000 | USD |
CY2020Q3 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
300000 | USD |
CY2019Q3 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
0 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5500000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
8800000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
7700000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-5000000.0 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-3500000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-7900000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-3700000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-21700000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
19400000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-20500000 | USD |
CY2020Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-2100000 | USD |
CY2019Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
7200000 | USD |
CY2020Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
400000 | USD |
CY2019Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-20000000.0 | USD |
CY2020Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
114000000.0 | USD |
CY2019Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
42000000.0 | USD |
CY2020Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1900000 | USD |
CY2019Q3 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1100000 | USD |
CY2020Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
600000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD |
CY2020Q3 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
65700000 | USD |
CY2019Q3 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
134000000.0 | USD |
CY2020Q3 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
157800000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
|
93000000.0 | USD |
CY2020Q3 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
7200000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
31800000 | USD |
CY2020Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-16000000.0 | USD |
CY2019Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-52300000 | USD |
CY2020Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
100000 | USD |
CY2019Q3 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | USD |
CY2020Q3 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
16500000 | USD |
CY2019Q3 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
18600000 | USD |
CY2020Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
12800000 | USD |
CY2019Q3 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
13200000 | USD |
CY2020Q3 | cree |
Payment Of Commitment Fee
PaymentOfCommitmentFee
|
500000 | USD |
CY2019Q3 | cree |
Payment Of Commitment Fee
PaymentOfCommitmentFee
|
0 | USD |
CY2020Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3100000 | USD |
CY2019Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5400000 | USD |
CY2020Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
100000 | USD |
CY2019Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-300000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-12400000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-67200000 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
448800000 | USD |
CY2019Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
500500000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
436400000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
433300000 | USD |
CY2020Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | reportable_segments |
CY2020Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
78300000 | USD |
CY2020Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
80300000 | USD |
CY2020Q3 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
1000000.0 | USD |
CY2020Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
14400000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
14000000.0 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
5700000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
5200000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
8900000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
8700000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
14600000 | USD |
CY2020Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
13900000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
11400000 | USD |
CY2020Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
15400000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
400000 | USD |
CY2020Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
3600000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
10300000 | USD |
CY2020Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
11400000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
10700000 | USD |
CY2020Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
15000000.0 | USD |
CY2020Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1600000 | USD |
CY2019Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
1400000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
200000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
200000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
100000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1300000 | USD |
CY2019Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1500000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
100000 | USD |
CY2019Q3 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
0 | USD |
CY2020Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
100000 | USD |
CY2019Q3 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
0 | USD |
CY2020Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2019Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
12200000 | USD |
CY2020Q3 | cree |
Modificationsof Lease Assets Net
ModificationsofLeaseAssetsNet
|
1800000 | USD |
CY2019Q3 | cree |
Modificationsof Lease Assets Net
ModificationsofLeaseAssetsNet
|
500000 | USD |
CY2020Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | USD |
CY2019Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | USD |
CY2020Q3 | cree |
Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
|
4200000 | USD |
CY2019Q3 | cree |
Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
|
0 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
4900000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
500000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Remainder Of Fiscal Year
LeaseLiabilityPaymentsRemainderOfFiscalYear
|
5400000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4900000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
600000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Due Year One
LeaseLiabilityPaymentsDueYearOne
|
5500000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
3000000.0 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
700000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
|
3700000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1200000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
700000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
|
1900000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1000000.0 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
700000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
|
1700000 | USD |
CY2020Q3 | cree |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
400000 | USD |
CY2020Q3 | cree |
Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
|
15300000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Due After Year Four
LeaseLiabilityPaymentsDueAfterYearFour
|
15700000 | USD |
CY2020Q3 | cree |
Finance Lease Weighted Average Discount Rate Percent Excluding49 Year Ground Lease
FinanceLeaseWeightedAverageDiscountRatePercentExcluding49YearGroundLease
|
0.0340 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
15400000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
18500000 | USD |
CY2020Q3 | cree |
Lease Liability Payments Due
LeaseLiabilityPaymentsDue
|
33900000 | USD |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
800000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
7800000 | USD |
CY2020Q3 | cree |
Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
|
8600000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
14600000 | USD |
CY2020Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
10700000 | USD |
CY2020Q3 | cree |
Lease Liability
LeaseLiability
|
25300000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P39M | |
CY2020Q3 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P470M | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0332 | |
CY2020Q3 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0277 | |
CY2020Q3 | cree |
Finance Lease Weighted Average Remaining Lease Term Excluding49 Year Ground Lease
FinanceLeaseWeightedAverageRemainingLeaseTermExcluding49YearGroundLease
|
P77M | |
CY2020Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
109700000 | USD |
CY2020Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
115300000 | USD |
CY2020Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1200000 | USD |
CY2020Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1300000 | USD |
CY2020Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
108500000 | USD |
CY2020Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
114000000.0 | USD |
CY2020Q3 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
47500000 | USD |
CY2020Q2 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
47000000.0 | USD |
CY2020Q3 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
101100000 | USD |
CY2020Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
95400000 | USD |
CY2020Q3 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
38700000 | USD |
CY2020Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
36700000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
187300000 | USD |
CY2020Q2 | us-gaap |
Inventory Net
InventoryNet
|
179100000 | USD |
CY2020Q3 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
123700000 | USD |
CY2020Q2 | us-gaap |
Accounts Payable Trade Current
AccountsPayableTradeCurrent
|
106900000 | USD |
CY2020Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
72300000 | USD |
CY2020Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
47400000 | USD |
CY2020Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
70300000 | USD |
CY2020Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
60500000 | USD |
CY2020Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
7600000 | USD |
CY2020Q2 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
6000000.0 | USD |
CY2020Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
273900000 | USD |
CY2020Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
220800000 | USD |
CY2020Q3 | cree |
Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
|
1600000 | USD |
CY2019Q3 | cree |
Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
|
1200000 | USD |
CY2020Q3 | cree |
Severanceand Other Restructuring Costs
SeveranceandOtherRestructuringCosts
|
3200000 | USD |
CY2019Q3 | cree |
Severanceand Other Restructuring Costs
SeveranceandOtherRestructuringCosts
|
800000 | USD |
CY2020Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
4800000 | USD |
CY2019Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2000000.0 | USD |
CY2020Q3 | cree |
Projectand Transaction Expense
ProjectandTransactionExpense
|
5600000 | USD |
CY2019Q3 | cree |
Projectand Transaction Expense
ProjectandTransactionExpense
|
2600000 | USD |
CY2020Q3 | cree |
Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
|
3000000.0 | USD |
CY2019Q3 | cree |
Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
|
1400000 | USD |
CY2020Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
0 | USD |
CY2019Q3 | us-gaap |
Severance Costs1
SeveranceCosts1
|
1200000 | USD |
CY2020Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-13400000 | USD |
CY2019Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-7200000 | USD |
CY2020Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
9500000 | USD |
CY2020Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
9500000 | USD |
CY2020Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
6500000 | USD |
CY2020Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
6500000 | USD |
CY2020Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
16000000.0 | USD |
CY2020Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
16000000.0 | USD |
CY2020 | us-gaap |
Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
-2400000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
|
-2400000 | USD |
CY2020Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
0 | USD |
CY2019Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-100000 | USD |
CY2020Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-3400000 | USD |
CY2019Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3500000 | USD |
CY2020Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2700000 | USD |
CY2019Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
5500000 | USD |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
13100000 | USD |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
7400000 | USD |
CY2020Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-200000 | USD |
CY2019Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
100000 | USD |
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-14000000.0 | USD |
CY2019Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1600000 | USD |
CY2020Q3 | cree |
Increase Decreasein Lease Asset Liability
IncreaseDecreaseinLeaseAssetLiability
|
0 | USD |
CY2019Q3 | cree |
Increase Decreasein Lease Asset Liability
IncreaseDecreaseinLeaseAssetLiability
|
12200000 | USD |
CY2020Q3 | cree |
Modifications Of Lease Assets And Lease Liabilities Net
ModificationsOfLeaseAssetsAndLeaseLiabilitiesNet
|
1800000 | USD |
CY2019Q3 | cree |
Modifications Of Lease Assets And Lease Liabilities Net
ModificationsOfLeaseAssetsAndLeaseLiabilitiesNet
|
500000 | USD |
CY2020Q3 | cree |
Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
|
4200000 | USD |
CY2019Q3 | cree |
Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
|
0 | USD |
CY2020Q3 | us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
108200000 | USD |
CY2019Q3 | us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
8800000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
693200000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
9000000.0 | USD |
CY2020Q3 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
100000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
|
0 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
702100000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
794000000.0 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
|
8900000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
|
0 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
802900000 | USD |
CY2020Q3 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
4100000 | USD |
CY2020Q2 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
4300000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
51600000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
100000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
0 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
0 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
51600000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
100000 | USD |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
|
16 | security |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
0 | security |
CY2020Q3 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
16 | security |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
|
65800000 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
|
0 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
|
0 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
|
0 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
|
65800000 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
|
0 | USD |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
|
46 | security |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
|
0 | security |
CY2020Q2 | us-gaap |
Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
|
46 | security |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
|
314600000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
|
387500000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
|
0 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
|
0 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
702100000 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
258600000 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
303900000 | USD |
CY2020Q3 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
702100000 | USD |
CY2020Q2 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
802900000 | USD |
CY2020Q3 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
53000000.0 | USD |
CY2020Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
55900000 | USD |
CY2020Q3 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1013700000 | USD |
CY2020Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1162700000 | USD |
CY2020Q2 | us-gaap |
Goodwill
Goodwill
|
530000000.0 | USD |
CY2020Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
105700000 | USD |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
424300000 | USD |
CY2020Q3 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
105700000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
350200000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
174800000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
175400000 | USD |
CY2020Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
350000000.0 | USD |
CY2020Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
170400000 | USD |
CY2020Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
179600000 | USD |
CY2020Q3 | cree |
Amortizationand Impairmentof Acquisition Related Intangibles
AmortizationandImpairmentofAcquisitionRelatedIntangibles
|
3600000 | USD |
CY2019Q3 | cree |
Amortizationand Impairmentof Acquisition Related Intangibles
AmortizationandImpairmentofAcquisitionRelatedIntangibles
|
3600000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
17500000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
21400000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
17900000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
16400000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
15200000 | USD |
CY2020Q3 | cree |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
87000000.0 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
175400000 | USD |
CY2020Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
200000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
400000 | USD |
CY2019Q3 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
0 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-184400000 | USD |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-37800000 | USD |
CY2020Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
109705000 | shares |
CY2019Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
107113000 | shares |
CY2020Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.68 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.35 | |
CY2020Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
15700000 | USD |
CY2019Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
16900000 | USD |
CY2020Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7400000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
0 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7400000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7400000 | USD |
CY2020Q3 | us-gaap |
Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
|
300000 | USD |
CY2020Q2 | cree |
Grant Disbursement Agreement Term
GrantDisbursementAgreementTerm
|
P13Y | |
CY2020Q2 | cree |
Grant Disbursement Agreement Annual Commitment Fee Payment Duration
GrantDisbursementAgreementAnnualCommitmentFeePaymentDuration
|
P6Y | |
CY2020Q2 | cree |
Grant Disbursement Agreement Number Of Endowed Faculty Chairs Created
GrantDisbursementAgreementNumberOfEndowedFacultyChairsCreated
|
2 | endowedFacultyChair |
CY2020Q3 | us-gaap |
Gross Profit
GrossProfit
|
54000000.0 | USD |
CY2019Q3 | us-gaap |
Gross Profit
GrossProfit
|
74200000 | USD |
CY2020Q3 | cree |
Gross Profit Percent
GrossProfitPercent
|
0.249 | |
CY2019Q3 | cree |
Gross Profit Percent
GrossProfitPercent
|
0.306 | |
CY2020Q3 | cree |
Incremental Manufacturing Costs Covid19
IncrementalManufacturingCostsCOVID19
|
900000 | USD |
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
216600000 | USD |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
242800000 | USD |
CY2020Q3 | us-gaap |
Inventory Net
InventoryNet
|
187300000 | USD |
CY2020Q2 | us-gaap |
Inventory Net
InventoryNet
|
179100000 | USD |