2020 Q4 Form 10-Q Financial Statement

#000089541921000018 Filed on January 28, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4
Revenue $127.0M $120.7M
YoY Change 5.22% -56.97%
Cost Of Revenue $85.70M $85.10M
YoY Change 0.71% -51.92%
Gross Profit $41.30M $35.60M
YoY Change 16.01% -65.6%
Gross Profit Margin 32.52% 29.49%
Selling, General & Admin $46.80M $45.00M
YoY Change 4.0% -8.54%
% of Gross Profit 113.32% 126.4%
Research & Development $45.50M $38.70M
YoY Change 17.57% -3.73%
% of Gross Profit 110.17% 108.71%
Depreciation & Amortization $22.30M $30.70M
YoY Change -27.36% -2.23%
% of Gross Profit 54.0% 86.24%
Operating Expenses $92.30M $83.70M
YoY Change 10.27% -10.29%
Operating Profit -$57.60M -$63.40M
YoY Change -9.15% -721.57%
Interest Expense $11.90M $7.700M
YoY Change 54.55% -237.5%
% of Operating Profit
Other Income/Expense, Net $3.100M $5.000M
YoY Change -38.0%
Pretax Income -$54.50M -$58.40M
YoY Change -6.68% -1427.27%
Income Tax -$200.0K -$500.0K
% Of Pretax Income
Net Earnings -$83.00M -$54.30M
YoY Change 52.85% 2072.0%
Net Earnings / Revenue -65.35% -44.99%
Basic Earnings Per Share -$0.75 -$0.50
Diluted Earnings Per Share -$0.75 -$0.50
COMMON SHARES
Basic Shares Outstanding 110.7M shares 107.7M shares
Diluted Shares Outstanding 110.7M shares

Balance Sheet

Concept 2020 Q4 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $968.7M $951.5M
YoY Change 1.81% 31.48%
Cash & Equivalents $388.1M $382.6M
Short-Term Investments $580.6M $568.9M
Other Short-Term Assets $11.20M $12.80M
YoY Change -12.5% -37.77%
Inventory $144.3M $165.3M
Prepaid Expenses $26.10M $24.50M
Receivables $82.00M $137.2M
Other Receivables $8.000M $1.100M
Total Short-Term Assets $1.479B $1.293B
YoY Change 14.44% 1.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.048B $692.4M
YoY Change 51.29% 2.44%
Goodwill $359.2M $530.0M
YoY Change -32.23% -14.56%
Intangibles $148.9M $187.7M
YoY Change -20.67% -49.84%
Long-Term Investments $66.10M $50.70M
YoY Change 30.37% 4.75%
Other Assets $33.90M $23.40M
YoY Change 44.87% 103.83%
Total Long-Term Assets $1.646B $1.490B
YoY Change 10.43% -14.27%
TOTAL ASSETS
Total Short-Term Assets $1.479B $1.293B
Total Long-Term Assets $1.646B $1.490B
Total Assets $3.125B $2.783B
YoY Change 12.29% -7.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $85.10M $91.30M
YoY Change -6.79% -36.38%
Accrued Expenses $124.1M $33.70M
YoY Change 268.25% -64.64%
Deferred Revenue $18.00M $44.40M
YoY Change -59.46% -17.64%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $400.0K $900.0K
YoY Change -55.56%
Total Short-Term Liabilities $385.6M $248.5M
YoY Change 55.17% -15.68%
LONG-TERM LIABILITIES
Long-Term Debt $813.7M $482.8M
YoY Change 68.54% 5.41%
Other Long-Term Liabilities $49.90M $57.30M
YoY Change -12.91% 58.79%
Total Long-Term Liabilities $867.7M $537.8M
YoY Change 61.34% 8.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $385.6M $248.5M
Total Long-Term Liabilities $867.7M $537.8M
Total Liabilities $1.253B $786.3M
YoY Change 59.39% -0.6%
SHAREHOLDERS EQUITY
Retained Earnings -$1.307B -$938.1M
YoY Change 39.28% 93.05%
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 $1.865B $1.991B
YoY Change
Total Liabilities & Shareholders Equity $3.125B $2.783B
YoY Change 12.29% -7.69%

Cashflow Statement

Concept 2020 Q4 2019 Q4
OPERATING ACTIVITIES
Net Income -$83.00M -$54.30M
YoY Change 52.85% 2072.0%
Depreciation, Depletion And Amortization $22.30M $30.70M
YoY Change -27.36% -2.23%
Cash From Operating Activities -$26.30M $8.200M
YoY Change -420.73% -90.11%
INVESTING ACTIVITIES
Capital Expenditures -$143.5M $61.20M
YoY Change -334.48% 82.14%
Acquisitions
YoY Change
Other Investing Activities $109.7M -$7.000M
YoY Change -1667.14% -83.68%
Cash From Investing Activities -$33.80M -$68.20M
YoY Change -50.44% -10.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.40M 9.100M
YoY Change 25.27% -32.59%
NET CHANGE
Cash From Operating Activities -26.30M 8.200M
Cash From Investing Activities -33.80M -68.20M
Cash From Financing Activities 11.40M 9.100M
Net Change In Cash -48.70M -50.90M
YoY Change -4.32% -355.78%
FREE CASH FLOW
Cash From Operating Activities -$26.30M $8.200M
Capital Expenditures -$143.5M $61.20M
Free Cash Flow $117.2M -$53.00M
YoY Change -321.13% -207.51%

Facts In Submission

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CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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300000 USD
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2019Q4 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
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us-gaap Earnings Per Share Basic And Diluted
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us-gaap Earnings Per Share Basic And Diluted
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CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2020Q4 us-gaap Profit Loss
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CY2019Q4 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2019Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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200000 USD
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CY2019Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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300000 USD
CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
600000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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300000 USD
CY2020Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
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CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q3 us-gaap Profit Loss
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CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020Q3 cree Apic Share Based Payment Arrangement Tax Withholding On Vested Equity Awards
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22700000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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16200000 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
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CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2020Q4 us-gaap Profit Loss
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CY2020Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020Q4 cree Apic Share Based Payment Arrangement Tax Withholding On Vested Equity Awards
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1600000 USD
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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18600000 USD
CY2020Q4 us-gaap Stock Issued During Period Value New Issues
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q3 us-gaap Profit Loss
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500000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019Q3 cree Apic Share Based Payment Arrangement Tax Withholding On Vested Equity Awards
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14300000 USD
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17400000 USD
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q4 us-gaap Profit Loss
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CY2019Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019Q4 cree Apic Share Based Payment Arrangement Tax Withholding On Vested Equity Awards
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400000 USD
CY2019Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13400000 USD
CY2019Q4 us-gaap Stock Issued During Period Value New Issues
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
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5400000 USD
us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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us-gaap Depreciation Depletion And Amortization
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56200000 USD
us-gaap Depreciation Depletion And Amortization
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46200000 USD
us-gaap Amortization Of Financing Costs And Discounts
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18100000 USD
us-gaap Amortization Of Financing Costs And Discounts
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11400000 USD
us-gaap Share Based Compensation
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27400000 USD
us-gaap Share Based Compensation
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27100000 USD
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us-gaap Gain Loss On Disposition Of Assets
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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us-gaap Gain Loss On Sale Of Investments
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200000 USD
us-gaap Gain Loss On Sale Of Investments
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100000 USD
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7000000.0 USD
us-gaap Unrealized Gain Loss On Investments
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9900000 USD
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3200000 USD
us-gaap Foreign Currency Transaction Gain Loss Unrealized
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1300000 USD
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2300000 USD
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21100000 USD
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1800000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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9900000 USD
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17900000 USD
us-gaap Increase Decrease In Other Accrued Liabilities
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3800000 USD
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10000000.0 USD
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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27800000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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257500000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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100300000 USD
us-gaap Payments To Acquire Intangible Assets
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1900000 USD
us-gaap Payments To Acquire Intangible Assets
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1400000 USD
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100000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
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1700000 USD
us-gaap Payments To Acquire Short Term Investments
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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268500000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
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212600000 USD
us-gaap Proceeds From Sale Of Short Term Investments
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24100000 USD
us-gaap Proceeds From Sale Of Short Term Investments
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61800000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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2700000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
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400000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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200000 USD
us-gaap Repayments Of Long Term Debt
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us-gaap Proceeds From Convertible Debt
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29300000 USD
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24000000.0 USD
us-gaap Payments Of Debt Issuance Costs
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cree Payment Of Commitment Fee
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cree Payment Of Commitment Fee
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14500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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14500000 USD
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500000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
CY2019Q4 us-gaap Finance Lease Interest Expense
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100000 USD
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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
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
388100000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
382600000 USD
CY2020Q4 cree Disposal Group Including Discontinued Operation Term Of Continuing Supply Of Materials And Services
DisposalGroupIncludingDiscontinuedOperationTermOfContinuingSupplyOfMaterialsAndServices
P4Y
CY2020Q4 us-gaap Contract With Customer Liability
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51700000 USD
CY2020Q2 us-gaap Contract With Customer Liability
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47900000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
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100000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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127000000.0 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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120700000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
242500000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
248400000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2020Q4 us-gaap Operating Lease Liability Current
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CY2020Q2 us-gaap Operating Lease Liability Current
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4800000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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6500000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
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7500000 USD
CY2020Q4 us-gaap Operating Lease Liability
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CY2020Q2 us-gaap Operating Lease Liability
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12300000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
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11200000 USD
CY2020Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
15400000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
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400000 USD
CY2020Q2 us-gaap Finance Lease Liability Current
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3600000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
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10200000 USD
CY2020Q2 us-gaap Finance Lease Liability Noncurrent
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11400000 USD
CY2020Q4 us-gaap Finance Lease Liability
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10600000 USD
CY2020Q2 us-gaap Finance Lease Liability
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15000000.0 USD
CY2020Q4 us-gaap Operating Lease Expense
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us-gaap Operating Lease Expense
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2800000 USD
CY2019Q4 us-gaap Operating Lease Expense
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1200000 USD
us-gaap Operating Lease Expense
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2400000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
400000 USD
CY2020Q4 us-gaap Finance Lease Interest Expense
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100000 USD
us-gaap Operating Lease Payments
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2700000 USD
us-gaap Operating Lease Payments
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2600000 USD
us-gaap Finance Lease Interest Payment On Liability
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100000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
us-gaap Finance Lease Principal Payments
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200000 USD
us-gaap Finance Lease Principal Payments
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100000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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11000000.0 USD
cree Modifications Of Lease Assets Net
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1400000 USD
cree Modifications Of Lease Assets Net
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4800000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3300000 USD
cree Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
4200000 USD
cree Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
0 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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3100000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
300000 USD
CY2020Q4 cree Lease Liability Payments Remainder Of Fiscal Year
LeaseLiabilityPaymentsRemainderOfFiscalYear
3400000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4300000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
600000 USD
CY2020Q4 cree Lease Liability Payments Due Year One
LeaseLiabilityPaymentsDueYearOne
4900000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2400000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
700000 USD
CY2020Q4 cree Lease Liability Payments Due Year Two
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3100000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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1000000.0 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
700000 USD
CY2020Q4 cree Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
1700000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
800000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
700000 USD
CY2020Q4 cree Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
1500000 USD
CY2020Q4 cree Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
400000 USD
CY2020Q4 cree Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
15300000 USD
CY2020Q4 cree Lease Liability Payments Due After Year Four
LeaseLiabilityPaymentsDueAfterYearFour
15700000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
12000000.0 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
18300000 USD
CY2020Q4 cree Lease Liability Payments Due
LeaseLiabilityPaymentsDue
30300000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
600000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
7700000 USD
CY2020Q4 cree Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
8300000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
11400000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
10600000 USD
CY2020Q4 cree Lease Liability
LeaseLiability
22000000.0 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P35M
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P467M
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0328
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0277
cree Finance Lease Weighted Average Remaining Lease Term Excluding49 Year Ground Lease
FinanceLeaseWeightedAverageRemainingLeaseTermExcluding49YearGroundLease
P71M
CY2020Q4 cree Finance Lease Weighted Average Discount Rate Percent Excluding49 Year Ground Lease
FinanceLeaseWeightedAverageDiscountRatePercentExcluding49YearGroundLease
0.0340
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
82700000 USD
CY2020Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
73100000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
700000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
700000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
82000000.0 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
72400000 USD
CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
43500000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36900000 USD
CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
85800000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
73900000 USD
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
15000000.0 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11100000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
144300000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
121900000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
144300000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
121900000 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
85100000 USD
CY2020Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
88100000 USD
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
54100000 USD
CY2020Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
42300000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
124100000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
55300000 USD
CY2020Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
4000000.0 USD
CY2020Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
4100000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
267300000 USD
CY2020Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
189800000 USD
CY2020Q4 cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
1300000 USD
CY2019Q4 cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
1200000 USD
cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
2900000 USD
cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
2400000 USD
CY2020Q4 cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
0 USD
CY2019Q4 cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
0 USD
cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
2800000 USD
cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
800000 USD
CY2020Q4 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2019Q4 us-gaap Restructuring Charges
RestructuringCharges
1200000 USD
us-gaap Restructuring Charges
RestructuringCharges
5700000 USD
us-gaap Restructuring Charges
RestructuringCharges
3200000 USD
CY2020Q4 cree Project And Transaction Expense
ProjectAndTransactionExpense
100000 USD
CY2019Q4 cree Project And Transaction Expense
ProjectAndTransactionExpense
7900000 USD
cree Project And Transaction Expense
ProjectAndTransactionExpense
1300000 USD
cree Project And Transaction Expense
ProjectAndTransactionExpense
9400000 USD
CY2020Q4 cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
1200000 USD
CY2019Q4 cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
1500000 USD
cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
4200000 USD
cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
2900000 USD
CY2020Q4 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2019Q4 us-gaap Severance Costs1
SeveranceCosts1
300000 USD
us-gaap Severance Costs1
SeveranceCosts1
0 USD
us-gaap Severance Costs1
SeveranceCosts1
1500000 USD
CY2020Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2600000 USD
CY2019Q4 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-10900000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-11200000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-17000000.0 USD
CY2020Q4 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
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
6000000.0 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
6500000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
15500000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
16000000.0 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-2400000 USD
CY2020 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-2400000 USD
CY2020Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2019Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2020Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2200000 USD
CY2019Q4 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1300000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2400000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1200000 USD
CY2020Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2019Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2020Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10400000 USD
CY2019Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6400000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7000000.0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9900000 USD
CY2020Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
2200000 USD
CY2019Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
4700000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
4900000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
10200000 USD
CY2020Q4 us-gaap Interest Expense
InterestExpense
11900000 USD
CY2019Q4 us-gaap Interest Expense
InterestExpense
7700000 USD
us-gaap Interest Expense
InterestExpense
25000000.0 USD
us-gaap Interest Expense
InterestExpense
15100000 USD
CY2020Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
CY2019Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-300000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
300000 USD
CY2020Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3100000 USD
CY2019Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5000000.0 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10800000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
6600000 USD
cree Increase Decrease In Lease Asset Liability
IncreaseDecreaseInLeaseAssetLiability
1200000 USD
cree Increase Decrease In Lease Asset Liability
IncreaseDecreaseInLeaseAssetLiability
14300000 USD
cree Modifications Of Lease Assets And Lease Liabilities Net
ModificationsOfLeaseAssetsAndLeaseLiabilitiesNet
200000 USD
cree Modifications Of Lease Assets And Lease Liabilities Net
ModificationsOfLeaseAssetsAndLeaseLiabilitiesNet
4800000 USD
cree Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
4200000 USD
cree Transfer Of Finance Lease Liability To Accounts Payable And Accrued Expenses
TransferOfFinanceLeaseLiabilityToAccountsPayableAndAccruedExpenses
0 USD
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
145000000.0 USD
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
6200000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
572200000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8400000 USD
CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
580600000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
782000000.0 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
790900000 USD
CY2020Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
3800000 USD
CY2020Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
4300000 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
12000000.0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
12000000.0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
0 USD
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
10 security
CY2020Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
0 security
CY2020Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
10 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
CY2020Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
200000 USD
CY2020Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
66100000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2019Q4 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
203300000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
375200000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
0 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
2100000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
580600000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
220800000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
303900000 USD
CY2020Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
580600000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
790900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
148900000 USD
CY2020Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
867500000 USD
CY2020Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1150700000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
55900000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
349700000 USD
us-gaap Goodwill Transfers
GoodwillTransfers
9500000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
359200000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
246700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
97800000 USD
CY2019Q4 cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
3600000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
246300000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
89400000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
156900000 USD
CY2020Q4 cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
3600000 USD
cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
7200000 USD
cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
7200000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
9800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
18100000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13700000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12900000 USD
CY2020Q4 cree Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
79500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
148900000 USD
CY2020Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-54300000 USD
CY2019Q4 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-57900000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-129600000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-97200000 USD
CY2020Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-28400000 USD
CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3900000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-137200000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
5400000 USD
CY2020Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
300000 USD
CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
600000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
300000 USD
CY2020Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-28700000 USD
CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
3600000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-137800000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
5100000 USD
CY2020Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
110688000 shares
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107925000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
110297000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107519000 shares
CY2020Q4 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.49
CY2019Q4 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.54
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-1.18
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.90
CY2020Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.26
CY2019Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-1.25
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.05
CY2020Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3500000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3900000 shares
CY2019Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5200000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5500000 shares
cree Share Based Compensation Equity Based Compensation Plan Number
ShareBasedCompensationEquityBasedCompensationPlanNumber
1 numberOfCompensationPlan
cree Share Based Compensation Arrangement By Share Based Payment Award Employee Stock Purchase Plan Duration Of Single Purchase Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEmployeeStockPurchasePlanDurationOfSinglePurchasePeriod
P6M
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
983000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
37.88
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
738000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
40.65
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
10000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
64.51
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
235000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
27.94
CY2020Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13700000 USD
CY2019Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11600000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
27100000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7400000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7400000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7400000 USD
CY2020Q4 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
CY2020Q4 cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
0.0 USD
cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
2800000 USD

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