2021 Q2 Form 10-Q Financial Statement

#000089541921000049 Filed on April 29, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2021 Q1 2020 Q2
Revenue $145.8M $137.3M $108.4M
YoY Change 34.5% 20.54% -19.23%
Cost Of Revenue $102.0M $93.30M $79.30M
YoY Change 28.63% 28.51% 9.23%
Gross Profit $43.80M $44.00M $29.10M
YoY Change 50.52% 6.54% -52.76%
Gross Profit Margin 30.04% 32.05% 26.85%
Selling, General & Admin $46.60M $44.20M $46.00M
YoY Change 1.3% 6.0% 223.94%
% of Gross Profit 106.39% 100.45% 158.08%
Research & Development $45.10M $46.00M $39.50M
YoY Change 14.18% 19.17% 912.82%
% of Gross Profit 102.97% 104.55% 135.74%
Depreciation & Amortization $32.30M $32.40M $123.9M
YoY Change -73.93% 2.53% 353.85%
% of Gross Profit 73.74% 73.64% 425.77%
Operating Expenses $95.30M $90.20M $89.10M
YoY Change 6.96% 12.33% 305.0%
Operating Profit -$51.50M -$61.40M -$60.00M
YoY Change -14.17% 27.92% -251.52%
Interest Expense -$6.600M $11.20M $15.50M
YoY Change -142.58% 49.33% -354.1%
% of Operating Profit
Other Income/Expense, Net -$100.0K -$8.100M $100.0K
YoY Change -200.0% -44.9% -80.0%
Pretax Income -$140.1M -$69.50M -$43.90M
YoY Change 219.13% 10.85% -59.69%
Income Tax $5.100M -$3.000M $300.0K
% Of Pretax Income
Net Earnings -$147.6M -$108.9M -$39.50M
YoY Change 273.67% 81.2% -70.91%
Net Earnings / Revenue -101.23% -79.32% -36.44%
Basic Earnings Per Share -$1.28 -$0.96 -$0.36
Diluted Earnings Per Share -$1.28 -$0.96 -$0.36
COMMON SHARES
Basic Shares Outstanding 115.5M shares 112.9M shares 108.2M shares
Diluted Shares Outstanding 112.9M shares

Balance Sheet

Concept 2021 Q2 2021 Q1 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.155B $1.293B $1.240B
YoY Change -6.86% 51.64% 17.91%
Cash & Equivalents $379.0M $531.6M $448.8M
Short-Term Investments $775.6M $761.7M $790.9M
Other Short-Term Assets $27.90M $38.50M $8.700M
YoY Change 220.69% 215.57% -34.59%
Inventory $166.6M $147.5M $121.9M
Prepaid Expenses $25.70M $23.80M $26.20M
Receivables $95.90M $84.10M $72.40M
Other Receivables $6.400M $9.100M $6.600M
Total Short-Term Assets $1.479B $1.598B $1.593B
YoY Change -7.16% 29.92% 12.74%
LONG-TERM ASSETS
Property, Plant & Equipment $1.304B $1.176B $770.8M
YoY Change 69.23% 59.38% 37.5%
Goodwill $359.2M $359.2M $349.7M
YoY Change 2.72% -32.23% 0.0%
Intangibles $140.5M $144.6M $156.9M
YoY Change -10.45% -21.24% -9.88%
Long-Term Investments $0.00 $67.20M $55.90M
YoY Change -100.0% 113.33% 41.52%
Other Assets $35.50M $33.00M $33.60M
YoY Change 5.65% 80.33% 469.49%
Total Long-Term Assets $1.968B $1.909B $1.638B
YoY Change 20.14% 26.64% 16.67%
TOTAL ASSETS
Total Short-Term Assets $1.479B $1.598B $1.593B
Total Long-Term Assets $1.968B $1.909B $1.638B
Total Assets $3.447B $3.508B $3.231B
YoY Change 6.68% 28.12% 14.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.20M $75.70M $88.10M
YoY Change -49.83% -16.63% -56.15%
Accrued Expenses $17.40M $172.4M $55.30M
YoY Change -68.54% 452.56% 92.68%
Deferred Revenue $22.90M $24.50M $14.20M
YoY Change 61.27% -45.68% -5.96%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $5.200M $400.0K $3.600M
YoY Change 44.44% -33.33%
Total Short-Term Liabilities $448.8M $382.8M $291.2M
YoY Change 54.12% 52.27% 8.58%
LONG-TERM LIABILITIES
Long-Term Debt $833.9M $823.8M $795.2M
YoY Change 4.87% 68.64%
Other Long-Term Liabilities $44.50M $51.10M $43.80M
YoY Change 1.6% 0.79% 52.08%
Total Long-Term Liabilities $881.5M $877.9M $850.6M
YoY Change 3.63% 62.12% 67.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $448.8M $382.8M $291.2M
Total Long-Term Liabilities $881.5M $877.9M $850.6M
Total Liabilities $1.330B $1.261B $1.142B
YoY Change 16.51% 59.0% 47.2%
SHAREHOLDERS EQUITY
Retained Earnings -$1.563B -$1.416B -$1.039B
YoY Change 50.41% 41.59% 22.62%
Common Stock $100.0K $100.0K $100.0K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.117B $2.247B $2.083B
YoY Change
Total Liabilities & Shareholders Equity $3.447B $3.508B $3.231B
YoY Change 6.68% 28.12% 14.7%

Cashflow Statement

Concept 2021 Q2 2021 Q1 2020 Q2
OPERATING ACTIVITIES
Net Income -$147.6M -$108.9M -$39.50M
YoY Change 273.67% 81.2% -70.91%
Depreciation, Depletion And Amortization $32.30M $32.40M $123.9M
YoY Change -73.93% 2.53% 353.85%
Cash From Operating Activities -$50.00M -$49.60M -$29.00M
YoY Change 72.41% 79.06% -289.54%
INVESTING ACTIVITIES
Capital Expenditures -$178.8M -$138.2M -$244.3M
YoY Change -26.81% -297.99% -754.96%
Acquisitions
YoY Change
Other Investing Activities $69.70M -$151.5M -$242.6M
YoY Change -128.73% -497.64% -9085.19%
Cash From Investing Activities -$109.1M -$289.7M -$486.9M
YoY Change -77.59% 813.88% 1307.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.500M 483.1M 464.3M
YoY Change -98.6% -483200.0% 631.18%
NET CHANGE
Cash From Operating Activities -50.00M -49.60M -29.00M
Cash From Investing Activities -109.1M -289.7M -486.9M
Cash From Financing Activities 6.500M 483.1M 464.3M
Net Change In Cash -152.6M 143.8M -51.60M
YoY Change 195.74% -341.68% -216.74%
FREE CASH FLOW
Cash From Operating Activities -$50.00M -$49.60M -$29.00M
Capital Expenditures -$178.8M -$138.2M -$244.3M
Free Cash Flow $128.8M $88.60M $215.3M
YoY Change -40.18% -190.87% -1078.64%

Facts In Submission

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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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us-gaap Income Loss From Continuing Operations
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us-gaap Income Loss From Continuing Operations
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CY2020Q1 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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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 Attributable To Noncontrolling Interest
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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CY2020Q1 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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us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax
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CY2020Q3 us-gaap Profit Loss
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CY2019Q3 us-gaap Profit Loss
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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 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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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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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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us-gaap Gain Loss On Sale Of Investments
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us-gaap Unrealized Gain Loss On Investments
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us-gaap Foreign Currency Transaction Gain Loss Unrealized
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us-gaap Deferred Income Taxes And Tax Credits
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us-gaap Deferred Income Taxes And Tax Credits
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28200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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27200000 USD
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Payments To Acquire Short Term Investments
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us-gaap Proceeds From Divestiture Of Businesses
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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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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
531600000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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323000000.0 USD
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
362300000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10500000 USD
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12300000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5000000.0 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4800000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
5600000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
7500000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
10600000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
12300000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
11100000 USD
CY2020Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
15400000 USD
CY2021Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
400000 USD
CY2020Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
3600000 USD
CY2021Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
10100000 USD
CY2020Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
11400000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
10500000 USD
CY2020Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
15000000.0 USD
CY2021Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1300000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
4100000 USD
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
1300000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
3700000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
600000 USD
CY2021Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
200000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4200000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
4000000.0 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
200000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
0 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
300000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
400000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11000000.0 USD
cree Modifications Of Lease Assets Net
ModificationsOfLeaseAssetsNet
2000000.0 USD
cree Modifications Of Lease Assets Net
ModificationsOfLeaseAssetsNet
5000000.0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
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
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P30M
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1600000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
200000 USD
CY2021Q1 cree Lease Liability Payments Remainder Of Fiscal Year
LeaseLiabilityPaymentsRemainderOfFiscalYear
1800000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4500000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
700000 USD
CY2021Q1 cree Lease Liability Payments Due Year One
LeaseLiabilityPaymentsDueYearOne
5200000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2500000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
700000 USD
CY2021Q1 cree Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
3200000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1200000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
700000 USD
CY2021Q1 cree Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
1900000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
800000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
700000 USD
CY2021Q1 cree Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
1500000 USD
CY2021Q1 cree Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
500000 USD
CY2021Q1 cree Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
15200000 USD
CY2021Q1 cree Lease Liability Payments Due After Year Four
LeaseLiabilityPaymentsDueAfterYearFour
15700000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
11100000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
18200000 USD
CY2021Q1 cree Lease Liability Payments Due
LeaseLiabilityPaymentsDue
29300000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
500000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
7700000 USD
CY2021Q1 cree Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
8200000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
10600000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
10500000 USD
CY2021Q1 cree Lease Liability
LeaseLiability
21100000 USD
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P468M
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0320
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0270
cree Finance Lease Weighted Average Remaining Lease Term Excluding49 Year Ground Lease
FinanceLeaseWeightedAverageRemainingLeaseTermExcluding49YearGroundLease
P68M
CY2021Q1 cree Finance Lease Weighted Average Discount Rate Percent Excluding49 Year Ground Lease
FinanceLeaseWeightedAverageDiscountRatePercentExcluding49YearGroundLease
0.0340
CY2021Q1 us-gaap Net Rentable Area
NetRentableArea
58000 sqft
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
3600000 USD
CY2021Q1 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P24M
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
300000 USD
CY2021Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
300000 USD
CY2020Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
0 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
0 USD
CY2021Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
0 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
0 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
900000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
3600000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2400000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
6900000 USD
CY2021Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
84800000 USD
CY2020Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
73100000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
700000 USD
CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
700000 USD
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
84100000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
72400000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
42400000 USD
CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
36900000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
90200000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
73900000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14900000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
11100000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
147500000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
121900000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
147500000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
121900000 USD
CY2021Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
75700000 USD
CY2020Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
88100000 USD
CY2021Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
70200000 USD
CY2020Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
42300000 USD
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
172400000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
55300000 USD
CY2021Q1 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
1200000 USD
CY2020Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
4100000 USD
CY2021Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
319500000 USD
CY2020Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
189800000 USD
CY2021Q1 cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
3800000 USD
CY2020Q1 cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
1100000 USD
cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
6700000 USD
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
cree Factory Optimization Restructuring Costs
FactoryOptimizationRestructuringCosts
3500000 USD
CY2021Q1 cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
600000 USD
CY2020Q1 cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
0 USD
cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
3400000 USD
cree Severance And Other Restructuring Costs
SeveranceAndOtherRestructuringCosts
800000 USD
CY2021Q1 us-gaap Restructuring Charges
RestructuringCharges
4400000 USD
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
1100000 USD
us-gaap Restructuring Charges
RestructuringCharges
10100000 USD
us-gaap Restructuring Charges
RestructuringCharges
4300000 USD
CY2021Q1 cree Project And Transaction Expense
ProjectAndTransactionExpense
2400000 USD
CY2020Q1 cree Project And Transaction Expense
ProjectAndTransactionExpense
1400000 USD
cree Project And Transaction Expense
ProjectAndTransactionExpense
3700000 USD
cree Project And Transaction Expense
ProjectAndTransactionExpense
10800000 USD
CY2021Q1 cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
1800000 USD
CY2020Q1 cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
2100000 USD
cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
6000000.0 USD
cree Factory Optimization Start Up Costs
FactoryOptimizationStartUpCosts
5000000.0 USD
CY2021Q1 us-gaap Severance Costs1
SeveranceCosts1
2800000 USD
CY2020Q1 us-gaap Severance Costs1
SeveranceCosts1
600000 USD
us-gaap Severance Costs1
SeveranceCosts1
2800000 USD
us-gaap Severance Costs1
SeveranceCosts1
2100000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-11400000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5200000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-22600000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-22200000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
0 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
9500000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3500000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
6500000 USD
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
3500000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
16000000.0 USD
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
100000 USD
CY2020Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-300000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2500000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
900000 USD
CY2021Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
900000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
300000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1000000.0 USD
CY2021Q1 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2020Q1 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
8000000.0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
8000000.0 USD
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
0 USD
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
900000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-19100000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7900000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9200000 USD
CY2021Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
1900000 USD
CY2020Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
3200000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
6800000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
13400000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
11200000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
7500000 USD
us-gaap Interest Expense
InterestExpense
36200000 USD
us-gaap Interest Expense
InterestExpense
22600000 USD
CY2021Q1 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
100000 USD
CY2020Q1 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
0 USD
us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
100000 USD
us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
0 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
200000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
400000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8100000 USD
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14700000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-18900000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8100000 USD
cree Increase Decrease In Lease Asset Liability
IncreaseDecreaseInLeaseAssetLiability
1700000 USD
cree Increase Decrease In Lease Asset Liability
IncreaseDecreaseInLeaseAssetLiability
14600000 USD
cree Modifications Of Lease Assets And Lease Liabilities Net
ModificationsOfLeaseAssetsAndLeaseLiabilitiesNet
300000 USD
cree Modifications Of Lease Assets And Lease Liabilities Net
ModificationsOfLeaseAssetsAndLeaseLiabilitiesNet
4700000 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
165600000 USD
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
6800000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
755800000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6100000 USD
CY2021Q1 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
200000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
761700000 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
CY2021Q1 us-gaap Interest Receivable Current
InterestReceivableCurrent
4000000.0 USD
CY2020Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
4300000 USD
CY2020Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
0 security
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
153100000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
200000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
153100000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
200000 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsNumberOfPositions
104 security
CY2021Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
0 security
CY2021Q1 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
104 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 Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
46 security
CY2021Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
100000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
300000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
900000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
1000000.0 USD
CY2021Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
213000000.0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
537700000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
11000000.0 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
761700000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
362200000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
303900000 USD
CY2021Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
761700000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
790900000 USD
CY2021Q1 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
67200000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
55900000 USD
CY2021Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1191100000 USD
CY2020Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1150700000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
349700000 USD
us-gaap Goodwill Transfers
GoodwillTransfers
9500000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
359200000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
243700000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
99100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
144600000 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
CY2021Q1 cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
3700000 USD
cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
10900000 USD
CY2020Q1 cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
3700000 USD
cree Amortization And Impairment Of Acquisition Related Intangibles
AmortizationAndImpairmentOfAcquisitionRelatedIntangibles
10900000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
200000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4900000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
18100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14900000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13700000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12900000 USD
CY2021Q1 cree Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
80100000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
144600000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-66500000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-56200000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-196100000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-153400000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-41600000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3700000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-178800000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
1700000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
800000 USD
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-3900000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-180200000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
1400000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
500000 USD
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-42400000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
1200000 USD
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
112891000 shares
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
108115000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
112330000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107718000 shares
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.59
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.52
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-1.75
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-1.42
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.38
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.04
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-1.60
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.01
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3600000 shares
CY2020Q1 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 compensationPlan
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
799000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
39.65
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
10000 shares
CY2021Q1 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
64.51
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
174000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
28.08
CY2021Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12900000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9800000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
40300000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36900000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7400000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7400000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7400000 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

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