IPG Photonics Corporation(NASDAQ:IPGP) 
IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include high power lasers; fiber pigtailed packaged diodes and fiber...
Website: http://www.ipgphotonics.com
Founded: 1990
Full Time Employees: 5,960
Sector: Technology
Industry: Semiconductor Equipment & Materials
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| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 274,471,000 | 250,792,000 | 250,721,000 | 227,793,000 | 234,337,000 | 233,143,000 | 257,645,000 | 252,009,000 | 298,893,000 | 301,401,000 | 339,971,000 | 347,174,000 | 333,539,000 | 349,006,000 | 377,023,000 | 369,979,000 | 364,467,000 | 379,150,000 | 371,658,000 | 345,585,000 | 336,630,000 | 318,441,000 | 296,411,000 | 249,242,000 | 306,627,000 | 329,138,000 | 363,769,000 | 315,047,000 | 330,051,000 | 356,346,000 | 413,613,000 | 359,864,000 | 361,055,000 | 392,615,000 | 369,373,000 | 285,846,000 | 280,121,000 | 266,017,000 | 252,787,000 | 207,248,000 | 223,626,000 | 243,541,000 | 235,138,000 | 198,960,000 | 207,402,000 | 199,651,000 | 192,204,000 | 170,575,000 | 165,859,000 | 172,152,000 | 168,171,000 | 141,852,000 | 145,030,000 | 156,379,000 | 137,927,000 | 123,192,000 | 123,524,000 | 129,064,000 | 121,936,000 | 99,958,000 | 100,985,000 | 79,809,000 | 67,258,000 | 51,204,000 | 54,293,000 | 45,808,000 | 40,385,000 | 45,408,000 | 58,194,000 | 62,012,000 | 55,994,000 | 52,876,000 | 55,067,000 | 47,905,000 | 43,952 | 41,753,000 | |
yoy | 17.13% | 7.57% | -2.69% | -9.61% | -21.60% | -22.65% | -24.22% | -27.41% | -10.39% | -13.64% | -9.83% | -6.16% | -8.49% | -7.95% | 1.44% | 7.06% | 8.27% | 19.06% | 25.39% | 38.65% | 9.78% | -3.25% | -18.52% | -20.89% | -7.10% | -7.64% | -12.05% | -12.45% | -8.59% | -9.24% | 11.98% | 25.89% | 28.89% | 47.59% | 46.12% | 37.92% | 25.26% | 9.23% | 7.51% | 4.17% | 7.82% | 21.98% | 22.34% | 16.64% | 25.05% | 15.97% | 14.29% | 20.25% | 14.36% | 10.09% | 21.93% | 15.15% | 17.41% | 21.16% | 13.11% | 23.24% | 22.32% | 61.72% | 81.30% | 95.22% | 86.00% | 74.23% | 66.54% | 12.76% | -6.70% | -26.13% | -27.88% | -14.12% | 5.68% | 29.45% | 127298.07% | 26.64% | |||||
qoq | 9.44% | 0.03% | 10.07% | -2.79% | 0.51% | -9.51% | 2.24% | -15.69% | -0.83% | -11.35% | -2.07% | 4.09% | -4.43% | -7.43% | 1.90% | 1.51% | -3.87% | 2.02% | 7.54% | 2.66% | 5.71% | 7.43% | 18.92% | -18.71% | -6.84% | -9.52% | 15.46% | -4.55% | -7.38% | -13.85% | 14.94% | -0.33% | -8.04% | 6.29% | 29.22% | 2.04% | 5.30% | 5.23% | 21.97% | -7.32% | -8.18% | 3.57% | 18.18% | -4.07% | 3.88% | 3.87% | 12.68% | 2.84% | -3.66% | 2.37% | 18.55% | -2.19% | -7.26% | 13.38% | 11.96% | -0.27% | -4.29% | 5.85% | 21.99% | -1.02% | 26.53% | 18.66% | 31.35% | -5.69% | 18.52% | 13.43% | -11.06% | -21.97% | -6.16% | 10.75% | 5.90% | -3.98% | 14.95% | 108893.90% | -99.89% | ||
cost of sales | 175,398,000 | 151,787,000 | 157,148,000 | 137,981,000 | 143,993,000 | 179,054,000 | 161,459,000 | 154,473,000 | 184,726,000 | 168,499,000 | 192,280,000 | 200,236,000 | 272,715,000 | 198,582,000 | 204,679,000 | 198,158,000 | 198,462,000 | 193,276,000 | 191,130,000 | 181,594,000 | 189,751,000 | 165,649,000 | 159,962,000 | 146,366,000 | 182,424,000 | 176,280,000 | 183,532,000 | 166,136,000 | 163,303,000 | 161,162,000 | 178,638,000 | 156,502,000 | 152,262,000 | 168,060,000 | 163,077,000 | 128,579,000 | 124,786,000 | 121,226,000 | 115,084,000 | 92,838,000 | 101,583,000 | 110,237,000 | 106,435,000 | 91,133,000 | 93,485,000 | 90,561,000 | 87,977,000 | 81,291,000 | 84,337,000 | 79,339,000 | 78,249,000 | 66,211,000 | 69,856,000 | 70,420,000 | 63,017,000 | 54,508,000 | 57,100,000 | 58,605,000 | 55,230,000 | 46,292,000 | 45,466,000 | 39,878,000 | 36,797,000 | 30,657,000 | 34,381,000 | 29,085,000 | 28,613,000 | 29,547,000 | 31,663,000 | 32,590,000 | 29,047,000 | 28,476,000 | 31,440,000 | 26,200,000 | 23,633 | 22,422,000 | |
gross profit | 99,073,000 | 99,005,000 | 93,573,000 | 89,812,000 | 90,344,000 | 54,089,000 | 96,186,000 | 97,536,000 | 114,167,000 | 132,902,000 | 147,691,000 | 146,938,000 | 60,824,000 | 150,424,000 | 172,344,000 | 171,821,000 | 166,005,000 | 185,874,000 | 180,528,000 | 163,991,000 | 146,879,000 | 152,792,000 | 136,449,000 | 102,876,000 | 124,203,000 | 152,858,000 | 180,237,000 | 148,911,000 | 166,748,000 | 195,184,000 | 234,975,000 | 203,362,000 | 208,793,000 | 224,555,000 | 206,296,000 | 157,267,000 | 155,335,000 | 144,791,000 | 137,703,000 | 114,410,000 | 122,043,000 | 133,304,000 | 128,703,000 | 107,827,000 | 113,917,000 | 109,090,000 | 104,227,000 | 89,284,000 | 81,522,000 | 92,813,000 | 89,922,000 | 75,641,000 | 75,174,000 | 85,959,000 | 74,910,000 | 68,684,000 | 66,424,000 | 70,459,000 | 66,706,000 | 53,666,000 | 55,519,000 | 39,931,000 | 30,461,000 | 20,547,000 | 19,912,000 | 16,723,000 | 11,772,000 | 15,861,000 | 26,531,000 | 29,422,000 | 26,947,000 | 24,400,000 | 23,627,000 | 21,705,000 | 20,319 | 19,331,000 | |
yoy | 9.66% | 83.04% | -2.72% | -7.92% | -20.87% | -59.30% | -34.87% | -33.62% | 87.70% | -11.65% | -14.30% | -14.48% | -63.36% | -19.07% | -4.53% | 4.77% | 13.02% | 21.65% | 32.30% | 59.41% | 18.26% | -0.04% | -24.29% | -30.91% | -25.51% | -21.69% | -23.30% | -26.78% | -20.14% | -13.08% | 13.90% | 29.31% | 34.41% | 55.09% | 49.81% | 37.46% | 27.28% | 8.62% | 6.99% | 6.11% | 7.13% | 22.20% | 23.48% | 20.77% | 39.74% | 17.54% | 15.91% | 18.04% | 8.44% | 7.97% | 20.04% | 10.13% | 13.17% | 22.00% | 12.30% | 27.98% | 19.64% | 76.45% | 118.99% | 161.19% | 178.82% | 138.78% | 158.76% | 29.54% | -24.95% | -43.16% | -56.31% | -35.00% | 12.29% | 35.55% | 132519.72% | 26.22% | |||||
qoq | 0.07% | 5.81% | 4.19% | -0.59% | 67.03% | -43.77% | -1.38% | -14.57% | -14.10% | -10.01% | 0.51% | 141.58% | -59.56% | -12.72% | 0.30% | 3.50% | -10.69% | 2.96% | 10.08% | 11.65% | -3.87% | 11.98% | 32.63% | -17.17% | -18.75% | -15.19% | 21.04% | -10.70% | -14.57% | -16.93% | 15.55% | -2.60% | -7.02% | 8.85% | 31.18% | 1.24% | 7.28% | 5.15% | 20.36% | -6.25% | -8.45% | 3.57% | 19.36% | -5.35% | 4.42% | 4.67% | 16.74% | 9.52% | -12.17% | 3.22% | 18.88% | 0.62% | -12.55% | 14.75% | 9.06% | 3.40% | -5.73% | 5.63% | 24.30% | -3.34% | 39.04% | 31.09% | 48.25% | 3.19% | 19.07% | 42.06% | -25.78% | -40.22% | -9.83% | 9.18% | 10.44% | 3.27% | 8.86% | 106721.20% | -99.89% | ||
gross margin % | 36.10% | 39.48% | 37.32% | 39.43% | 38.55% | 23.20% | 37.33% | 38.70% | 38.20% | 44.09% | 43.44% | 42.32% | 18.24% | 43.10% | 45.71% | 46.44% | 45.55% | 49.02% | 48.57% | 47.45% | 43.63% | 47.98% | 46.03% | 41.28% | 40.51% | 46.44% | 49.55% | 47.27% | 50.52% | 54.77% | 56.81% | 56.51% | 57.83% | 57.19% | 55.85% | 55.02% | 55.45% | 54.43% | 54.47% | 55.20% | 54.57% | 54.74% | 54.74% | 54.20% | 54.93% | 54.64% | 54.23% | 52.34% | 49.15% | 53.91% | 53.47% | 53.32% | 51.83% | 54.97% | 54.31% | 55.75% | 53.77% | 54.59% | 54.71% | 53.69% | 54.98% | 50.03% | 45.29% | 40.13% | 36.68% | 36.51% | 29.15% | 34.93% | 45.59% | 47.45% | 48.12% | 46.15% | 42.91% | 45.31% | 46.23% | 46.30% | |
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 24,109,000 | 23,771,000 | 25,552,000 | 24,430,000 | 21,864,000 | 22,233,000 | 22,487,000 | 22,998,000 | 22,161,000 | 22,243,000 | 20,187,000 | 21,088,000 | 17,876,000 | 19,383,000 | 19,010,000 | 20,374,000 | 19,416,000 | 20,688,000 | 19,193,000 | 18,883,000 | 17,242,000 | 17,332,000 | 17,326,000 | 18,683,000 | 18,838,000 | 18,969,000 | 20,663,000 | 19,275,000 | 16,284,000 | 13,479,000 | 14,536,000 | 13,516,000 | 13,454,000 | 13,384,000 | 12,136,000 | 10,827,000 | 10,210,000 | 10,460,000 | 9,689,000 | 8,034,000 | 8,640,000 | 7,717,000 | 7,962,000 | 7,549,000 | 7,929,000 | 7,496,000 | 8,047,000 | 7,165,000 | 7,178,000 | 6,801,000 | 6,845,000 | 5,868,000 | 7,074,000 | 5,785,000 | 5,854,000 | 5,132,000 | 5,280,000 | 5,656,000 | 5,847,000 | 4,948,000 | 5,303,000 | 4,527,000 | 4,932,000 | 4,338,000 | 4,300,000 | 3,788,000 | 3,880,000 | 3,189,000 | 3,315,000 | 3,735,000 | 3,703,000 | 3,147,000 | 2,870,000 | 2,488,000 | 2,836 | 1,909,000 | |
research and development | 28,771,000 | 30,358,000 | 29,937,000 | 28,336,000 | 25,738,000 | 27,177,000 | 27,487,000 | 29,381,000 | 27,714,000 | 24,708,000 | 23,512,000 | 22,770,000 | 26,620,000 | 25,436,000 | 30,608,000 | 33,450,000 | 36,766,000 | 34,277,000 | 35,191,000 | 33,339,000 | 31,766,000 | 31,710,000 | 31,584,000 | 31,838,000 | 30,469,000 | 32,160,000 | 34,872,000 | 32,496,000 | 31,501,000 | 30,909,000 | 31,813,000 | 28,546,000 | 26,589,000 | 25,541,000 | 25,960,000 | 22,780,000 | 22,108,000 | 20,543,000 | 18,412,000 | 17,489,000 | 17,769,000 | 16,221,000 | 15,114,000 | 14,230,000 | 13,810,000 | 13,447,000 | 13,362,000 | 12,784,000 | 10,878,000 | 11,501,000 | 10,483,000 | 8,798,000 | 9,270,000 | 7,762,000 | 7,229,000 | 7,140,000 | 6,580,000 | 6,501,000 | 6,610,000 | 5,731,000 | 5,292,000 | 4,981,000 | 4,729,000 | 4,158,000 | 5,098,000 | 4,569,000 | 4,734,000 | 4,142,000 | 4,353,000 | 4,130,000 | 4,447,000 | 2,874,000 | 2,656,000 | 2,354,000 | 2,388 | 2,129,000 | |
general and administrative | 40,358,000 | 35,092,000 | 34,882,000 | 32,808,000 | 28,893,000 | 32,660,000 | 31,602,000 | 31,158,000 | 35,003,000 | 30,958,000 | 29,660,000 | 30,128,000 | 33,365,000 | 33,813,000 | 33,411,000 | 30,664,000 | 32,167,000 | 32,557,000 | 31,066,000 | 30,092,000 | 27,444,000 | 29,038,000 | 26,399,000 | 27,124,000 | 25,071,000 | 26,776,000 | 28,538,000 | 27,212,000 | 27,572,000 | 25,245,000 | 24,117,000 | 25,495,000 | 21,576,000 | 21,491,000 | 19,875,000 | 17,726,000 | 19,637,000 | 16,797,000 | 16,151,000 | 13,901,000 | 14,718,000 | 14,679,000 | 15,017,000 | 12,778,000 | 15,126,000 | 14,172,000 | 13,124,000 | 12,916,000 | 13,049,000 | 13,175,000 | 12,829,000 | 11,810,000 | 9,937,000 | 10,609,000 | 8,736,000 | 9,949,000 | 9,943,000 | 10,997,000 | 8,333,000 | 8,169,000 | 6,633,000 | 7,800,000 | 7,384,000 | 6,828,000 | 5,797,000 | 4,758,000 | 4,944,000 | 4,990,000 | 4,069,000 | 4,468,000 | 6,024,000 | 5,839,000 | 5,749,000 | 4,049,000 | 4,989 | 4,241,000 | |
net loss from divestiture and sale of assets | 47,550,250 | 197,651,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 440,000 | 26,566,000 | 1,237,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges | 106,250 | 425,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on foreign exchange | 2,341,000 | 1,504,000 | 3,098,000 | 2,411,000 | -543,000 | 1,148,000 | 3,244,000 | 1,675,000 | 442,000 | -449,000 | 1,306,000 | -7,186,000 | -541,000 | 17,640,000 | 2,826,000 | 5,186,000 | -11,302,000 | 12,766,000 | -19,565,000 | 5,332,000 | 808,000 | 5,074,000 | 1,613,000 | -4,661,000 | 1,688,000 | 2,118,000 | -1,093,000 | 3,917,000 | 7,183,000 | 4,453,000 | -1,820,000 | 2,905,000 | -68,000 | 1,796,000 | 1,286,000 | -353,250 | -1,927,000 | 720,000 | -523,000 | 2,078,000 | -2,295,000 | -108,000 | 47,000 | -40,000 | -500,000 | 1,515,000 | |||||||||||||||||||||||||||||||
total operating expenses | 95,755,000 | 91,150,000 | 93,469,000 | 87,985,000 | 76,392,000 | 307,435,000 | 84,146,000 | 78,436,000 | 85,389,000 | 77,196,000 | 75,628,000 | 71,512,000 | 149,304,000 | 57,262,000 | 100,669,000 | 78,678,000 | 81,202,000 | 83,888,000 | 88,276,000 | 75,149,000 | 81,638,000 | 111,379,000 | 89,240,000 | 58,080,000 | 123,960,000 | 78,713,000 | 89,147,000 | 80,596,000 | 70,696,000 | 71,321,000 | 72,584,000 | 62,262,000 | 60,526,000 | 64,333,000 | 65,154,000 | 55,786,000 | 50,135,000 | 50,705,000 | 42,696,000 | 44,391,000 | 39,027,000 | 43,742,000 | 41,260,000 | 25,805,000 | 34,286,000 | 31,501,000 | 35,478,000 | 31,495,000 | 32,669,000 | 33,040,000 | 30,047,000 | 25,995,000 | 27,915,000 | 25,952,000 | 18,465,000 | 23,507,000 | 20,354,000 | 21,227,000 | 20,584,000 | 19,568,000 | 16,705,000 | 19,386,000 | 14,750,000 | 15,216,000 | 15,242,000 | 13,075,000 | 13,058,000 | 13,836,000 | 11,737,000 | 12,333,000 | 14,174,000 | 11,860,000 | 11,275,000 | 8,891,000 | 10,213 | 8,279,000 | |
operating income | 3,318,000 | 7,855,000 | 104,000 | 1,827,000 | 13,952,000 | -253,346,000 | 12,040,000 | 19,100,000 | 28,778,000 | 55,706,000 | 72,063,000 | 75,426,000 | -88,480,000 | 93,162,000 | 71,675,000 | 93,143,000 | 84,803,000 | 101,986,000 | 92,252,000 | 88,842,000 | 65,241,000 | 41,413,000 | 47,209,000 | 44,796,000 | 243,000 | 74,145,000 | 91,090,000 | 68,315,000 | 96,052,000 | 123,863,000 | 162,391,000 | 141,100,000 | 148,267,000 | 160,222,000 | 141,142,000 | 101,481,000 | 105,200,000 | 94,086,000 | 95,007,000 | 70,019,000 | 83,016,000 | 89,562,000 | 87,443,000 | 82,022,000 | 79,631,000 | 77,589,000 | 68,749,000 | 57,789,000 | 48,853,000 | 59,773,000 | 59,875,000 | 49,646,000 | 47,259,000 | 60,007,000 | 56,445,000 | 45,177,000 | 46,070,000 | 49,232,000 | 46,122,000 | 34,098,000 | 38,814,000 | 20,545,000 | 15,711,000 | 5,331,000 | 4,670,000 | 3,648,000 | -1,286,000 | 2,025,000 | 14,794,000 | 17,089,000 | 12,773,000 | 12,540,000 | 12,352,000 | 12,814,000 | 10,106 | 11,052,000 | |
yoy | -76.22% | -103.10% | -99.14% | -90.43% | -51.52% | -554.79% | -83.29% | -74.68% | -132.52% | -40.21% | 0.54% | -19.02% | -204.34% | -8.65% | -22.31% | 4.84% | 29.98% | 146.27% | 95.41% | 98.33% | 26748.15% | -44.15% | -48.17% | -34.43% | -99.75% | -40.14% | -43.91% | -51.58% | -35.22% | -22.69% | 15.06% | 39.04% | 40.94% | 70.29% | 48.56% | 44.93% | 26.72% | 5.05% | 8.65% | -14.63% | 4.25% | 15.43% | 27.19% | 41.93% | 63.00% | 29.81% | 14.82% | 16.40% | 3.37% | -0.39% | 6.08% | 9.89% | 2.58% | 21.89% | 22.38% | 32.49% | 18.69% | 139.63% | 193.57% | 539.62% | 731.13% | 463.19% | -1321.70% | 163.26% | -68.43% | -78.65% | -110.07% | -83.85% | 19.77% | 33.36% | 126290.26% | 13.46% | |||||
qoq | -57.76% | 7452.88% | -94.31% | -86.91% | -105.51% | -2204.20% | -36.96% | -33.63% | -48.34% | -22.70% | -4.46% | -185.25% | -194.97% | 29.98% | -23.05% | 9.83% | -16.85% | 10.55% | 3.84% | 36.18% | 57.54% | -12.28% | 5.39% | 18334.57% | -99.67% | -18.60% | 33.34% | -28.88% | -22.45% | -23.73% | 15.09% | -4.83% | -7.46% | 13.52% | 39.08% | -3.54% | 11.81% | -0.97% | 35.69% | -15.66% | -7.31% | 2.42% | 6.61% | 3.00% | 2.63% | 12.86% | 18.97% | 18.29% | -18.27% | -0.17% | 20.60% | 5.05% | -21.24% | 6.31% | 24.94% | -1.94% | -6.42% | 6.74% | 35.26% | -12.15% | 88.92% | 30.77% | 194.71% | 14.15% | 28.02% | -383.67% | -163.51% | -86.31% | -13.43% | 33.79% | 1.86% | 1.52% | -3.61% | 126695.96% | -99.91% | ||
operating margin % | 1.21% | 3.13% | 0.04% | 0.80% | 5.95% | -108.67% | 4.67% | 7.58% | 9.63% | 18.48% | 21.20% | 21.73% | -26.53% | 26.69% | 19.01% | 25.18% | 23.27% | 26.90% | 24.82% | 25.71% | 19.38% | 13.00% | 15.93% | 17.97% | 0.08% | 22.53% | 25.04% | 21.68% | 29.10% | 34.76% | 39.26% | 39.21% | 41.06% | 40.81% | 38.21% | 35.50% | 37.56% | 35.37% | 37.58% | 33.79% | 37.12% | 36.77% | 37.19% | 41.23% | 38.39% | 38.86% | 35.77% | 33.88% | 29.45% | 34.72% | 35.60% | 35.00% | 32.59% | 38.37% | 40.92% | 36.67% | 37.30% | 38.15% | 37.82% | 34.11% | 38.44% | 25.74% | 23.36% | 10.41% | 8.60% | 7.96% | -3.18% | 4.46% | 25.42% | 27.56% | 22.81% | 23.72% | 22.43% | 26.75% | 22.99% | 26.47% | |
other income, net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 7,129,000 | 7,283,000 | 8,001,000 | 7,444,000 | 7,409,000 | 11,103,000 | 12,778,000 | 14,177,000 | 13,369,000 | 11,569,000 | 9,264,000 | 7,533,000 | 7,888,000 | 3,625,000 | 1,177,000 | -649,000 | -288,000 | -407,000 | -495,000 | 173,000 | 1,168,000 | 1,856,000 | 3,073,000 | 2,501,000 | 3,734,000 | 4,051,000 | 3,952,000 | 4,132,000 | 3,884,000 | 729,000 | 311,000 | 86,000 | -125,000 | 468,000 | 308,000 | 469,000 | 373,000 | 270,000 | 192,000 | 66,000 | -4,000 | 24,000 | 63,000 | -35,000 | -222,000 | 55,000 | 615,000 | -118,000 | -194,000 | -183,000 | -95,000 | 177,750 | 198,000 | 117 | 396,000 | ||||||||||||||||||||||
other income | 109,000 | 516,000 | 166,000 | 1,344,000 | 651,000 | -271,000 | 194,000 | 325,000 | 6,000 | 545,000 | 285,000 | 331,000 | 548,000 | 301,000 | 618,000 | -236,000 | 367,000 | -211,000 | 28,000 | 253,000 | 182,000 | -59,000 | 449,000 | 191,000 | 216,000 | -520,000 | 658,000 | -9,000 | 681,000 | 423,000 | 386,000 | 443,000 | 69,000 | 459,000 | 23,000 | -529,000 | 606,000 | 194,000 | 141,000 | 7,000 | -503,000 | 132,000 | 161,000 | 85,000 | 58,000 | 162,000 | 239,000 | 334,000 | 106,000 | 218,000 | -239,000 | 70,000 | 989,000 | 205,000 | -92,000 | -1,094,000 | 208,000 | 145,000 | -618,000 | 8,000 | 223,000 | -75,000 | -36,000 | -148,000 | 108,250 | -103,000 | 489,000 | 47,000 | 86,250 | 309,000 | -8 | 44,000 | |||||
total other income | 7,238,000 | 7,799,000 | 8,167,000 | 8,788,000 | 8,060,000 | 10,832,000 | 12,972,000 | 14,502,000 | 13,375,000 | 12,114,000 | 9,549,000 | 7,864,000 | 8,436,000 | 3,926,000 | 1,795,000 | -282,000 | -499,000 | -379,000 | -242,000 | 355,000 | 1,109,000 | 2,305,000 | 3,264,000 | 2,717,000 | 3,214,000 | 4,709,000 | 3,943,000 | 4,813,000 | 4,307,000 | 1,115,000 | 754,000 | 155,000 | 334,000 | 491,000 | -221,000 | 1,075,000 | 567,000 | 411,000 | 199,000 | -469,000 | 92,000 | 49,000 | -99,000 | 124,000 | 158,000 | 239,000 | 195,000 | 130,000 | 281,000 | -274,000 | 17,000 | 767,000 | 260,000 | 523,000 | -788,000 | -6,000 | -341,000 | -403,000 | -593,000 | -297,000 | 306,000 | -48,000 | 230,000 | 507,000 | 109 | ||||||||||||
income before provision for income taxes | 10,556,000 | 15,654,000 | 8,271,000 | 10,615,000 | 22,012,000 | -242,514,000 | 25,012,000 | 33,602,000 | 42,153,000 | 67,820,000 | 81,612,000 | 83,290,000 | -80,044,000 | 97,088,000 | 73,470,000 | 92,837,000 | 84,521,000 | 101,487,000 | 91,873,000 | 88,600,000 | 65,596,000 | 42,522,000 | 49,514,000 | 48,060,000 | 2,960,000 | 77,359,000 | 95,799,000 | 72,258,000 | 100,865,000 | 128,170,000 | 163,506,000 | 141,633,000 | 106,275,000 | 94,653,000 | 40,297,250 | 60,267,000 | 43,954,000 | 32,100,500 | 49,168,000 | 33,900,000 | 38,828,000 | 19,873,000 | 5,057,000 | 4,664,000 | 3,307,000 | 1,487,000 | |||||||||||||||||||||||||||||||
provision for income taxes | -2,714,000 | 8,191,000 | 1,666,000 | 6,857,000 | 4,858,000 | 9,503,000 | 725,000 | 12,826,000 | 19,291,000 | 23,155,000 | 12,851,000 | 20,390,000 | 16,139,000 | 23,209,000 | 19,253,000 | 26,788,000 | 22,196,000 | 20,378,000 | 15,920,000 | 6,992,000 | 11,148,000 | 11,294,000 | 128,967,000 | -20,232,000 | -23,278,000 | -17,342,000 | -25,399,000 | -27,418,000 | -41,889,000 | -37,530,000 | -31,146,000 | -25,426,000 | -12,089,250 | -17,832,000 | -13,406,000 | -9,812,000 | -14,899,000 | -10,522,000 | -11,560,000 | -6,558,000 | -1,633,000 | -1,507,000 | -1,041,000 | -461,000 | -3,341,250 | -5,310,000 | -4,058,000 | -3,997,000 | -3,611 | -4,507,000 | |||||||||||||||||||||||||||
net income | 13,270,000 | 7,463,000 | 6,605,000 | 3,758,000 | 41,428,000 | 54,994,000 | 62,321,000 | 60,135,000 | -92,895,000 | 76,698,000 | 57,331,000 | 69,628,000 | 65,268,000 | 74,699,000 | 69,677,000 | 68,222,000 | 49,676,000 | 35,530,000 | 38,366,000 | 36,766,000 | -4,303,000 | 57,127,000 | 72,521,000 | 54,916,000 | 75,466,000 | 100,752,000 | 121,617,000 | 106,334,000 | 52,956,000 | 115,597,000 | 104,103,000 | 74,932,000 | 75,129,000 | 69,227,000 | 67,031,000 | 49,328,000 | 60,678,000 | 62,757,000 | 61,244,000 | 57,346,000 | 36,595,000 | 42,338,000 | 41,720,000 | 35,127,000 | 34,912,000 | 42,435,000 | 39,849,000 | 30,548,000 | 31,855,000 | 34,269,000 | 31,507,000 | 23,378,000 | 27,268,000 | 13,315,000 | 10,345,000 | 3,424,000 | 3,157,000 | 2,266,000 | -1,165,000 | 1,026,000 | 9,060,000 | 10,893,000 | 8,552,000 | 8,149,000 | 8,337,000 | 8,557,000 | 6,388 | 6,613,000 | |||||||||
yoy | -144.60% | -28.30% | 8.70% | -13.63% | -242.33% | 2.68% | -17.72% | 2.06% | 31.39% | 110.24% | 81.61% | 85.56% | -1254.45% | -37.81% | -47.10% | -33.05% | -105.70% | -43.30% | -40.37% | -48.36% | 42.51% | -12.84% | 16.82% | 41.91% | -29.51% | 66.98% | 55.31% | 51.91% | 23.82% | 10.31% | 9.45% | -13.98% | 4.82% | -0.23% | 4.70% | 14.99% | 9.60% | 23.83% | 26.48% | 30.67% | 16.82% | 157.37% | 204.56% | 582.77% | 763.73% | 487.60% | -987.98% | 233.72% | -65.15% | -79.20% | -113.62% | -87.41% | 8.67% | 27.30% | 133776.02% | 23.23% | |||||||||||||||||||||
qoq | 77.81% | 12.99% | 75.76% | -24.67% | -11.76% | 3.64% | -164.73% | -221.12% | 33.78% | -17.66% | 6.68% | -12.63% | 7.21% | 2.13% | 37.33% | 39.81% | -7.39% | 4.35% | -954.43% | -107.53% | -21.23% | 32.06% | -27.23% | -25.10% | -17.16% | 14.37% | 100.80% | -54.19% | 11.04% | 38.93% | -0.26% | 8.53% | 3.28% | 35.89% | -18.71% | -3.31% | 2.47% | 6.80% | -13.56% | 1.48% | 18.77% | 0.62% | -17.73% | 6.49% | 30.45% | -4.10% | -7.04% | 8.77% | 34.77% | -14.27% | 104.79% | 28.71% | 202.13% | 8.46% | 39.32% | -294.51% | -213.55% | -88.68% | -16.83% | 27.37% | 4.95% | -2.26% | -2.57% | 133854.29% | -99.90% | ||||||||||||
net income margin % | 4.83% | 2.98% | 2.63% | 1.65% | 0% | 0% | 0% | 0% | 13.86% | 18.25% | 18.33% | 17.32% | -27.85% | 21.98% | 15.21% | 18.82% | 17.91% | 19.70% | 18.75% | 19.74% | 14.76% | 11.16% | 12.94% | 14.75% | -1.40% | 17.36% | 19.94% | 17.43% | 22.86% | 28.27% | 29.40% | 29.55% | 14.67% | 29.44% | 28.18% | 26.21% | 26.82% | 26.02% | 26.52% | 23.80% | 27.13% | 25.77% | 26.05% | 28.82% | 0% | 0% | 0% | 0% | 22.06% | 24.59% | 24.81% | 24.76% | 24.07% | 27.14% | 28.89% | 24.80% | 25.79% | 26.55% | 25.84% | 23.39% | 27.00% | 16.68% | 15.38% | 6.69% | 5.81% | 4.95% | -2.88% | 2.26% | 15.57% | 17.57% | 15.27% | 15.41% | 15.14% | 17.86% | 14.53% | 15.84% | |
net income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 310 | 180 | 160 | 90 | 0.2 | 0.24 | 0.19 | 0.18 | 0.19 | 0.2 | 0.15 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 310 | 180 | 160 | 90 | 0.19 | 0.23 | 0.19 | 0.18 | 0.18 | 0.19 | 0.14 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 42,345,000 | 42,199,000 | 42,481,000 | 42,605,000 | 44,336,000 | 43,837,000 | 44,918,000 | 45,960,000 | 47,154,000 | 47,237,000 | 47,316,000 | 47,542,000 | 50,761,000 | 51,629,000 | 51,687,000 | 52,810,000 | 53,410,000 | 53,387,000 | 53,472,000 | 53,541,000 | 53,186 | 53,098 | 53,040 | 53,075 | 53,061 | 52,928 | 53,042 | 53,001 | 53,522 | 53,571 | 53,662 | 53,694 | 53,495 | 53,440 | 53,380 | 53,368 | 53,068 | 53,071 | 53,065 | 52,898 | 52,676 | 52,675 | 52,657 | 52,486 | 52,104 | 52,088 | 52,068 | 51,970 | 51,548 | 51,495 | 51,462 | 51,407 | 50,477 | 51,090 | 50,989 | 48,446 | 47,365 | 47,483 | 47,310 | 47,099 | 46,424 | 46,533 | 46,220 | 46,098 | 45,489 | 45,573 | 45,431 | 45,094 | 44,507 | 44,685 | 44,355 | 44,095 | 43,269 | 43,362 | 42,974 | 42,909 | |
diluted | 42,650,000 | 42,556,000 | 42,577,000 | 42,832,000 | 44,336,000 | 43,837,000 | 45,012,000 | 46,175,000 | 47,320,000 | 47,388,000 | 47,453,000 | 47,776,000 | 50,925,000 | 51,737,000 | 51,795,000 | 53,100,000 | 53,930,000 | 53,834,000 | 53,999,000 | 54,201,000 | 53,785 | 53,664 | 53,530 | 53,676 | 53,839 | 53,622 | 53,848 | 53,874 | 54,726 | 54,696 | 54,992 | 55,182 | 54,699 | 54,698 | 54,471 | 54,370 | 53,797 | 53,761 | 53,788 | 53,621 | 53,427 | 53,392 | 53,442 | 53,267 | 52,824 | 52,792 | 52,769 | 52,724 | 52,375 | 52,367 | 52,385 | 52,350 | 51,536 | 52,102 | 52,071 | 49,582 | 48,685 | 48,747 | 48,610 | 48,690 | 47,594 | 47,700 | 47,333 | 47,191 | 46,595 | 46,695 | 45,431 | 46,152 | 46,223 | 46,375 | 46,132 | 46,041 | 45,749 | 45,731 | 45,631 | 45,602 | |
gain on sale of assets | -674,000 | -6,776,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges (recoveries) | 69,000 | -1,501,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 1,360,250 | -8,920,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation common stockholders | 7,815,000 | -233,594,000 | 20,154,000 | 24,099,000 | 41,428,000 | 54,994,000 | 62,321,000 | 60,135,000 | -92,895,000 | 76,264,000 | 56,968,000 | 69,572,000 | 65,087,000 | 75,402,000 | 69,800,000 | 68,127,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 130 | -5,330 | 450 | 520 | 890 | 1,160 | 1,320 | 1,260 | -1,770 | 1,480 | 1,100 | 1,320 | 1,220 | 1,410 | 1,310 | 1,270 | 0.93 | 0.67 | 0.72 | 0.69 | -0.08 | 1.08 | 1.36 | 1.04 | 1.43 | 1.88 | 2.27 | 1.98 | 0.99 | 2.16 | 1.95 | 1.4 | 1.41 | 1.3 | 1.26 | 0.93 | 1.15 | 1.19 | 1.16 | 1.09 | 1.08 | 1.06 | 0.93 | 0.78 | 0.7 | 0.82 | 0.81 | 0.68 | 0.67 | 0.83 | 0.74 | 0.63 | 0.49 | 0.58 | 0.28 | 0.07 | 0.07 | 0.05 | -0.03 | 0.03 | |||||||||||||||||
diluted | 130 | -5,330 | 450 | 520 | 900 | 1,160 | 1,310 | 1,260 | -1,770 | 1,470 | 1,100 | 1,310 | 1,210 | 1,400 | 1,290 | 1,260 | 0.92 | 0.66 | 0.71 | 0.68 | -0.08 | 1.07 | 1.34 | 1.02 | 1.41 | 1.84 | 2.21 | 1.93 | 0.96 | 2.11 | 1.91 | 1.38 | 1.4 | 1.29 | 1.25 | 0.92 | 1.13 | 1.18 | 1.15 | 1.08 | 1.06 | 1.05 | 0.92 | 0.77 | 0.69 | 0.81 | 0.8 | 0.67 | 0.65 | 0.81 | 0.72 | 0.61 | 0.47 | 0.56 | 0.28 | 0.07 | 0.07 | 0.05 | -0.03 | 0.03 | |||||||||||||||||
gain on divestiture | -5,437,000 | -21,748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests | 434,000 | 363,000 | 56,000 | 181,000 | -703,000 | -123,000 | 95,000 | 337,000 | -74,000 | 140,000 | 363,000 | 147,000 | -126,000 | 249,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other restructuring charges | 963,000 | 181,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on foreign exchange | -2,655,000 | -5,810,000 | -1,993,250 | -3,634,000 | 4,967,000 | -115,000 | 5,125,000 | 3,167,000 | -8,752,000 | 945,000 | -1,370,000 | 1,564,000 | 1,563,000 | -110,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets and other restructuring charges | 229,750 | 919,000 | 12,000 | 1,165,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -70,000 | 34,000 | -40,000 | -112,000 | -184,000 | -139,000 | -53,000 | -129,000 | -96,000 | -209,000 | -170,000 | -206,000 | -439,000 | -350,000 | -191,000 | -208,000 | -255,750 | -266,000 | -367,000 | -390,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -306,000 | -1,223,000 | -262,500 | -64,000 | -198,000 | 14,000 | -672,000 | -217,000 | -274,000 | -538,000 | 440,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 44,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) on foreign exchange | -7,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation | 49,339,000 | 35,604,000 | 38,226,000 | 36,403,000 | -4,450,000 | 57,253,000 | 72,272,000 | 55,159,000 | 75,559,000 | 100,517,000 | 121,617,000 | 106,334,000 | 52,956,000 | 115,597,000 | 104,116,000 | 74,945,000 | 75,132,000 | 69,235,000 | 67,058,000 | 49,326,000 | 60,704,000 | 62,791,000 | 61,299,000 | 57,359,000 | 56,431,000 | 55,200,000 | 48,283,000 | 40,531,000 | 36,595,000 | 42,338,000 | 41,720,000 | 35,127,000 | 34,912,000 | 42,435,000 | 37,742,000 | 29,915,000 | 31,086,000 | 32,869,000 | 30,736,000 | 23,068,000 | 27,062,000 | 13,226,000 | 10,306,000 | 3,397,000 | 3,122,000 | 2,255,000 | -1,229,000 | 1,271,000 | |||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 130 | -5,330 | 450 | 520 | 890 | 1,160 | 1,320 | 1,260 | -1,770 | 1,480 | 1,100 | 1,320 | 1,220 | 1,410 | 1,310 | 1,270 | 0.93 | 0.67 | 0.72 | 0.69 | -0.08 | 1.08 | 1.36 | 1.04 | 1.43 | 1.88 | 2.27 | 1.98 | 0.99 | 2.16 | 1.95 | 1.4 | 1.41 | 1.3 | 1.26 | 0.93 | 1.15 | 1.19 | 1.16 | 1.09 | 1.08 | 1.06 | 0.93 | 0.78 | 0.7 | 0.82 | 0.81 | 0.68 | 0.67 | 0.83 | 0.74 | 0.63 | 0.49 | 0.58 | 0.28 | 0.07 | 0.07 | 0.05 | -0.03 | 0.03 | |||||||||||||||||
diluted | 130 | -5,330 | 450 | 520 | 900 | 1,160 | 1,310 | 1,260 | -1,770 | 1,470 | 1,100 | 1,310 | 1,210 | 1,400 | 1,290 | 1,260 | 0.92 | 0.66 | 0.71 | 0.68 | -0.08 | 1.07 | 1.34 | 1.02 | 1.41 | 1.84 | 2.21 | 1.93 | 0.96 | 2.11 | 1.91 | 1.38 | 1.4 | 1.29 | 1.25 | 0.92 | 1.13 | 1.18 | 1.15 | 1.08 | 1.06 | 1.05 | 0.92 | 0.77 | 0.69 | 0.81 | 0.8 | 0.67 | 0.65 | 0.81 | 0.72 | 0.61 | 0.47 | 0.56 | 0.28 | 0.07 | 0.07 | 0.05 | -0.03 | 0.03 | |||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 42,345,000 | 42,199,000 | 42,481,000 | 42,605,000 | 44,336,000 | 43,837,000 | 44,918,000 | 45,960,000 | 47,154,000 | 47,237,000 | 47,316,000 | 47,542,000 | 50,761,000 | 51,629,000 | 51,687,000 | 52,810,000 | 53,410,000 | 53,387,000 | 53,472,000 | 53,541,000 | 53,186 | 53,098 | 53,040 | 53,075 | 53,061 | 52,928 | 53,042 | 53,001 | 53,522 | 53,571 | 53,662 | 53,694 | 53,495 | 53,440 | 53,380 | 53,368 | 53,068 | 53,071 | 53,065 | 52,898 | 52,676 | 52,675 | 52,657 | 52,486 | 52,104 | 52,088 | 52,068 | 51,970 | 51,548 | 51,495 | 51,462 | 51,407 | 50,477 | 51,090 | 50,989 | 48,446 | 47,365 | 47,483 | 47,310 | 47,099 | 46,424 | 46,533 | 46,220 | 46,098 | 45,489 | 45,573 | 45,431 | 45,094 | 44,507 | 44,685 | 44,355 | 44,095 | 43,269 | 43,362 | 42,974 | 42,909 | |
diluted | 42,650,000 | 42,556,000 | 42,577,000 | 42,832,000 | 44,336,000 | 43,837,000 | 45,012,000 | 46,175,000 | 47,320,000 | 47,388,000 | 47,453,000 | 47,776,000 | 50,925,000 | 51,737,000 | 51,795,000 | 53,100,000 | 53,930,000 | 53,834,000 | 53,999,000 | 54,201,000 | 53,785 | 53,664 | 53,530 | 53,676 | 53,839 | 53,622 | 53,848 | 53,874 | 54,726 | 54,696 | 54,992 | 55,182 | 54,699 | 54,698 | 54,471 | 54,370 | 53,797 | 53,761 | 53,788 | 53,621 | 53,427 | 53,392 | 53,442 | 53,267 | 52,824 | 52,792 | 52,769 | 52,724 | 52,375 | 52,367 | 52,385 | 52,350 | 51,536 | 52,102 | 52,071 | 49,582 | 48,685 | 48,747 | 48,610 | 48,690 | 47,594 | 47,700 | 47,333 | 47,191 | 46,595 | 46,695 | 45,431 | 46,152 | 46,223 | 46,375 | 46,132 | 46,041 | 45,749 | 45,731 | 45,631 | 45,602 | |
less: net loss attributable to noncontrolling interests | -243,000 | -13,000 | -3,000 | -8,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | -93,000 | 235,000 | -6,500 | -13,000 | -27,000 | 2,000 | -26,000 | -34,000 | -55,000 | -13,000 | 2,107,000 | 633,000 | 771,000 | 310,000 | 206,000 | 89,000 | 39,000 | 27,000 | 35,000 | 11,000 | 64,000 | -245,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on foreign exchange | -5,295,000 | -1,556,000 | -2,579,000 | -3,614,000 | -481,000 | -3,354,000 | -206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes | 141,854,000 | 100,862,250 | 160,556,000 | 101,260,000 | 95,418,000 | 70,218,000 | 82,547,000 | 89,654,000 | 87,492,000 | 81,923,000 | 79,755,000 | 77,747,000 | 68,988,000 | 57,984,000 | 48,983,000 | 60,054,000 | 59,601,000 | 49,663,000 | 56,968,000 | 45,334,000 | 15,494,000 | -1,689,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | -35,520,000 | -27,204,250 | -44,959,000 | -26,328,000 | -28,387,000 | -20,890,000 | -21,869,000 | -26,897,000 | -26,248,000 | -24,577,000 | -23,324,000 | -22,547,000 | -20,705,000 | -17,453,000 | -12,388,000 | -17,716,000 | -17,881,000 | -14,536,000 | -17,119,000 | -13,827,000 | -5,149,000 | 524,000 | -2,905,750 | -3,505,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense, net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 620,250 | 1,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
corporation per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.455 | 0.68 | 0.65 | 0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 0.443 | 0.66 | 0.63 | 0.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -103,500 | -322,000 | -26,000 | -66,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before provision for income taxes and minority interests in consolidated subsidiaries | 10,590,750 | 16,792,000 | 13,079,000 | 12,492,000 | 10,215 | 11,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests in consolidated subsidiaries | -395,000 | -589,000 | -469,000 | -346,000 | -346,000 | -1,259,000 | -216 | -372,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 310 | 180 | 160 | 90 | 0.2 | 0.24 | 0.19 | 0.18 | 0.19 | 0.2 | 0.15 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 310 | 180 | 160 | 90 | 0.19 | 0.23 | 0.19 | 0.18 | 0.18 | 0.19 | 0.14 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value adjustment to series b warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes and minority interests in consolidated subsidiaries | 12,582,000 | 13,321,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 403,790,000 | 346,026,000 | 359,184,000 | 363,046,000 | 620,040,000 | 883,871,000 | 720,540,000 | 496,452,000 | 514,674,000 | 528,284,000 | 573,071,000 | 521,137,000 | 698,209,000 | 869,274,000 | 771,788,000 | 642,517,000 | 709,105,000 | 794,904,000 | 754,199,000 | 896,741,000 | 876,231,000 | 763,920,000 | 747,859,000 | 570,058,000 | 680,070,000 | 580,329,000 | 530,013,000 | 548,938,000 | 544,358,000 | 647,606,000 | 816,792,000 | 969,123,000 | 909,900,000 | 880,267,000 | 808,111,000 | 697,778,000 | 623,855,000 | 645,558,000 | 587,286,000 | 613,692,000 | 582,532,000 | 651,220,000 | 571,508,000 | 541,474,000 | 522,150,000 | 487,518,000 | 483,432,000 | 480,609,000 | 448,776,000 | 398,355,000 | 369,484,000 | 355,715,000 | 384,053,000 | 372,569,000 | 345,578,000 | 377,071,000 | 180,234,000 | 196,586,000 | 188,196,000 | 160,618,000 | 147,860,000 | 96,630,000 | 90,655,000 | 84,407,000 | 82,920,000 | 76,309,000 | 78,068,000 | 71,601,000 | 51,283,000 | 44,339,000 | 44,926,000 | 38,698,000 | 37,972,000 | 44,750,000 | 46,709,000 | 49,129,000 | 75,667,000 |
short-term investments | 435,538,000 | 524,359,000 | 540,414,000 | 563,832,000 | 310,152,000 | 135,444,000 | 343,363,000 | 643,655,000 | 662,807,000 | 605,207,000 | 523,341,000 | 548,473,000 | 479,374,000 | 365,409,000 | 462,865,000 | 774,161,000 | 805,400,000 | 724,103,000 | 743,210,000 | 548,196,000 | 514,835,000 | 537,696,000 | 501,040,000 | 625,085,000 | 502,546,000 | 498,508,000 | 512,816,000 | 481,139,000 | 500,432,000 | 474,422,000 | 308,970,000 | 206,786,000 | 206,257,000 | 165,655,000 | 122,304,000 | 165,025,000 | 206,779,000 | 126,970,000 | 126,794,000 | 126,273,000 | 106,584,000 | 9,765,000 | 18,451,000 | 25,451,000 | |||||||||||||||||||||||||||||||||
accounts receivable | 181,734,000 | 166,384,000 | 201,038,000 | 176,909,000 | 171,131,000 | 163,541,000 | 176,153,000 | 184,012,000 | 219,053,000 | 229,597,000 | 231,125,000 | 236,575,000 | 211,347,000 | 195,194,000 | 246,877,000 | 257,464,000 | 262,121,000 | 272,699,000 | 250,669,000 | 252,877,000 | 264,321,000 | 240,352,000 | 203,568,000 | 200,646,000 | 238,479,000 | 252,926,000 | 273,697,000 | 231,850,000 | 255,509,000 | 251,613,000 | 242,128,000 | 235,477,000 | 237,278,000 | 226,756,000 | 237,332,000 | 180,226,000 | 155,901,000 | 162,725,000 | 151,476,000 | 146,505,000 | 150,479,000 | 154,814,000 | 169,828,000 | 149,781,000 | 143,109,000 | 136,629,000 | 124,144,000 | 107,598,000 | 103,803,000 | 120,640,000 | 114,498,000 | 102,793,000 | 96,630,000 | 110,649,000 | 86,132,000 | 88,426,000 | 75,755,000 | 80,361,000 | 73,284,000 | 57,970,000 | 55,399,000 | 53,720,000 | 39,907,000 | 30,078,000 | 30,356,000 | 29,768,000 | 32,006,000 | 29,740,000 | 41,842,000 | 39,503,000 | 37,747,000 | 37,269,000 | 33,946,000 | 33,277,000 | 26,726,000 | 24,413,000 | 22,353,000 |
inventories | 313,416,000 | 323,934,000 | 303,841,000 | 287,623,000 | 284,780,000 | 320,723,000 | 400,839,000 | 431,899,000 | 453,874,000 | 479,829,000 | 491,301,000 | 506,149,000 | 509,363,000 | 555,537,000 | 556,747,000 | 484,971,000 | 460,747,000 | 435,070,000 | 404,547,000 | 368,149,000 | 364,993,000 | 370,344,000 | 367,166,000 | 363,383,000 | 380,790,000 | 417,163,000 | 425,996,000 | 417,817,000 | 403,579,000 | 397,409,000 | 376,019,000 | 356,375,000 | 307,712,000 | 282,495,000 | 260,661,000 | 261,893,000 | 239,010,000 | 242,370,000 | 241,282,000 | 226,907,000 | 203,738,000 | 197,635,000 | 190,848,000 | 174,140,000 | 171,009,000 | 179,476,000 | 178,925,000 | 170,556,000 | 172,700,000 | 171,268,000 | 154,093,000 | 142,096,000 | 139,618,000 | 135,121,000 | 121,979,000 | 123,430,000 | 116,978,000 | 117,276,000 | 109,273,000 | 88,698,000 | 72,470,000 | 64,898,000 | 54,029,000 | 52,135,000 | 52,869,000 | 59,155,000 | 62,085,000 | 66,445,000 | 72,555,000 | 72,797,000 | 76,574,000 | 69,630,000 | 60,412,000 | 58,850,000 | 52,691,000 | 45,167,000 | |
prepaid income taxes | 43,196,000 | 27,847,000 | 28,813,000 | 16,955,000 | 17,592,000 | 27,115,000 | 30,208,000 | 24,530,000 | 26,038,000 | 32,538,000 | 50,748,000 | 47,054,000 | 40,934,000 | 49,496,000 | 52,912,000 | 40,888,000 | 36,990,000 | 34,482,000 | 64,810,000 | 70,421,000 | 69,893,000 | 60,436,000 | 62,778,000 | 50,840,000 | 38,873,000 | 50,693,000 | 49,885,000 | 50,961,000 | 43,782,000 | 61,222,000 | 40,215,000 | 42,430,000 | 44,944,000 | 40,639,000 | 37,912,000 | 41,959,000 | 34,128,000 | 35,342,000 | 32,890,000 | 37,159,000 | 33,692,000 | 32,571,000 | 27,822,000 | 25,712,000 | 20,967,000 | 17,977,000 | 15,996,000 | ||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 45,766,000 | 45,963,000 | 40,866,000 | 35,022,000 | 27,300,000 | 39,720,000 | 46,849,000 | 49,071,000 | 38,208,000 | 45,005,000 | 54,482,000 | 56,199,000 | 47,047,000 | 84,177,000 | 79,662,000 | 82,833,000 | 73,320,000 | 63,917,000 | 73,157,000 | 65,877,000 | 57,804,000 | 58,905,000 | 68,115,000 | 64,514,000 | 55,876,000 | 65,896,000 | 70,675,000 | 61,389,000 | 57,764,000 | 50,013,000 | 51,911,000 | 54,695,000 | 47,919,000 | 46,727,000 | 44,454,000 | 44,133,000 | 41,289,000 | 38,913,000 | 33,042,000 | 24,577,000 | 25,564,000 | 23,221,000 | 24,241,000 | 23,785,000 | 21,295,000 | 23,464,000 | 32,634,000 | 33,118,000 | 30,836,000 | 30,072,000 | 25,942,000 | 23,265,000 | 18,639,000 | 18,296,000 | 14,516,000 | 14,251,000 | 11,855,000 | 13,532,000 | 17,179,000 | 17,834,000 | 13,816,000 | 10,792,000 | 7,191,000 | 6,095,000 | 4,653,000 | 6,581,000 | 6,138,000 | 6,265,000 | 7,200,000 | 9,228,000 | 7,759,000 | 9,308,000 | 7,071,000 | 9,449,000 | 7,914,000 | 9,182,000 | 6,666,000 |
total current assets | 1,423,440,000 | 1,434,513,000 | 1,474,156,000 | 1,443,387,000 | 1,430,995,000 | 1,570,414,000 | 1,717,952,000 | 1,829,619,000 | 1,914,654,000 | 1,920,460,000 | 1,924,068,000 | 1,915,587,000 | 1,986,274,000 | 2,119,087,000 | 2,170,851,000 | 2,282,834,000 | 2,347,683,000 | 2,325,175,000 | 2,290,592,000 | 2,202,261,000 | 2,148,077,000 | 2,031,653,000 | 1,950,526,000 | 1,874,526,000 | 1,896,634,000 | 1,865,515,000 | 1,863,082,000 | 1,792,094,000 | 1,805,424,000 | 1,882,285,000 | 1,836,035,000 | 1,864,886,000 | 1,754,010,000 | 1,642,539,000 | 1,510,774,000 | 1,391,014,000 | 1,300,962,000 | 1,276,498,000 | 1,197,247,000 | 1,197,639,000 | 1,122,935,000 | 1,078,072,000 | 1,002,370,000 | 931,028,000 | 893,838,000 | 863,254,000 | 854,092,000 | 825,133,000 | 786,343,000 | 749,208,000 | 691,585,000 | 649,371,000 | 664,959,000 | 661,106,000 | 602,957,000 | 647,678,000 | 434,457,000 | 431,612,000 | 399,800,000 | 336,810,000 | 300,801,000 | 239,613,000 | 204,879,000 | 185,161,000 | 180,914,000 | 184,063,000 | 189,831,000 | 183,678,000 | 181,023,000 | 173,753,000 | 176,006,000 | 165,372,000 | 155,691,000 | 161,323,000 | 148,638,000 | 133,439,000 | 156,439,000 |
long-term investments | 76,533,000 | 30,166,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 123,889,000 | 119,552,000 | 114,268,000 | 109,232,000 | 115,031,000 | 106,254,000 | 88,865,000 | 84,452,000 | 88,788,000 | 79,583,000 | 69,644,000 | 59,089,000 | 75,152,000 | 69,323,000 | 60,563,000 | 49,942,000 | 47,761,000 | 49,008,000 | 45,751,000 | 41,276,000 | 43,197,000 | 38,616,000 | 30,544,000 | 32,801,000 | 31,395,000 | 23,415,000 | 20,833,000 | 17,438,000 | 19,165,000 | 19,995,000 | 27,818,000 | 24,940,000 | 26,976,000 | 40,547,000 | 47,843,000 | 47,048,000 | 42,442,000 | 24,620,000 | 24,477,000 | 22,526,000 | 20,346,000 | 18,611,000 | 18,123,000 | 16,136,000 | 15,308,000 | 15,227,000 | 15,251,000 | 15,275,000 | 14,232,000 | 11,547,000 | 11,422,000 | 11,105,000 | 12,948,000 | 10,503,000 | 11,041,000 | 11,615,000 | 10,899,000 | 9,363,000 | 7,449,000 | 9,314,000 | 8,593,000 | 8,374,000 | 10,137,000 | 9,253,000 | 7,558,000 | 11,275,000 | 9,539,000 | 8,042,000 | 6,175,000 | 6,871,000 | 8,065,000 | 7,215,000 | 6,195,000 | 7,334,000 | 8,717,000 | 5,548,000 | 9,591,000 |
goodwill | 71,735,000 | 71,650,000 | 71,763,000 | 68,617,000 | 67,241,000 | 38,484,000 | 38,278,000 | 38,351,000 | 38,540,000 | 38,265,000 | 38,494,000 | 38,388,000 | 38,325,000 | 37,963,000 | 39,285,000 | 39,741,000 | 38,609,000 | 38,705,000 | 39,000,000 | 38,764,000 | 41,366,000 | 37,731,000 | 81,911,000 | 81,627,000 | 82,092,000 | 109,954,000 | 110,868,000 | 110,349,000 | 100,722,000 | 56,769,000 | 59,616,000 | 55,705,000 | 55,831,000 | 51,143,000 | 28,728,000 | 19,831,000 | 19,828,000 | 20,142,000 | 20,461,000 | 502,000 | 505,000 | 508,000 | 516,000 | 519,000 | 455,000 | 455,000 | 455,000 | 455,000 | 455,000 | 455,000 | 455,000 | 3,258,000 | 2,898,000 | 3,113,000 | |||||||||||||||||||||||
intangible assets | 49,933,000 | 52,226,000 | 54,653,000 | 54,297,000 | 55,376,000 | 22,054,000 | 23,423,000 | 24,802,000 | 26,234,000 | 28,056,000 | 30,086,000 | 32,104,000 | 34,120,000 | 36,171,000 | 46,866,000 | 50,017,000 | 52,678,000 | 55,786,000 | 59,070,000 | 61,768,000 | 62,114,000 | 64,999,000 | 67,995,000 | 70,832,000 | 74,271,000 | 85,561,000 | 89,906,000 | 93,280,000 | 87,139,000 | 45,844,000 | 47,249,000 | 49,284,000 | 51,223,000 | 49,669,000 | 32,294,000 | 27,892,000 | 28,789,000 | 28,372,000 | 29,396,000 | 11,066,000 | 11,904,000 | 12,744,000 | 14,013,000 | 14,913,000 | 9,227,000 | 9,847,000 | 8,472,000 | 9,018,000 | 9,564,000 | 10,131,000 | 10,956,000 | 11,412,000 | 7,510,000 | 7,875,000 | 4,946,000 | 5,727,000 | 6,157,000 | 6,954,000 | 7,736,000 | 8,104,000 | 7,131,000 | ||||||||||||||||
property, plant and equipment | 637,516,000 | 622,122,000 | 621,352,000 | 603,271,000 | 588,375,000 | 589,559,000 | 593,136,000 | 585,751,000 | 602,257,000 | 581,970,000 | 609,344,000 | 594,273,000 | 580,561,000 | 661,510,000 | 680,321,000 | 625,366,000 | 635,302,000 | 624,576,000 | 612,420,000 | 600,911,000 | 597,527,000 | 576,398,000 | 585,644,000 | 580,980,000 | 600,852,000 | 596,138,000 | 600,977,000 | 570,756,000 | 543,068,000 | 529,163,000 | 514,767,000 | 483,907,000 | 460,206,000 | 441,494,000 | 389,853,000 | 395,858,000 | 379,375,000 | 367,474,000 | 350,432,000 | 309,206,000 | 288,604,000 | 286,514,000 | 288,553,000 | 274,145,000 | 275,082,000 | 271,286,000 | 268,122,000 | 249,361,000 | 252,245,000 | 236,507,000 | 225,195,000 | 218,995,000 | 210,563,000 | 195,153,000 | 177,441,000 | 169,876,000 | 155,202,000 | 143,339,000 | 141,902,000 | 131,300,000 | 120,683,000 | 106,106,000 | 109,639,000 | 114,957,000 | 115,258,000 | 112,865,000 | 112,479,000 | 111,207,000 | 107,010,000 | 89,811,000 | 81,483,000 | 73,826,000 | |||||
other assets | 41,234,000 | 50,734,000 | 43,256,000 | 38,544,000 | 32,246,000 | 28,365,000 | 33,777,000 | 35,461,000 | 28,425,000 | 24,530,000 | 24,781,000 | 31,715,000 | 28,848,000 | 38,466,000 | 50,883,000 | 50,569,000 | 48,507,000 | 50,660,000 | 39,679,000 | 37,971,000 | 43,419,000 | 45,535,000 | 42,116,000 | 39,368,000 | 45,192,000 | 50,321,000 | 51,750,000 | 44,819,000 | 18,932,000 | 28,043,000 | 44,993,000 | 19,285,000 | 19,009,000 | 20,673,000 | 21,050,000 | 20,930,000 | 18,603,000 | 19,441,000 | 18,333,000 | 19,798,000 | 20,095,000 | 21,131,000 | 21,594,000 | 22,787,000 | 26,847,000 | 30,872,000 | 19,106,000 | 7,032,000 | 7,810,000 | 7,395,000 | 7,662,000 | 6,878,000 | 7,461,000 | 6,719,000 | 6,010,000 | 6,303,000 | 7,486,000 | 9,656,000 | 7,676,000 | 8,868,000 | 8,751,000 | 16,499,000 | 17,413,000 | 15,859,000 | 15,956,000 | 15,842,000 | 15,004,000 | 14,497,000 | 15,303,000 | 14,872,000 | 13,164,000 | 12,818,000 | 8,466,000 | 6,911,000 | 6,498,000 | 5,854,000 | 5,013,000 |
total assets | 2,424,280,000 | 2,380,963,000 | 2,379,448,000 | 2,317,348,000 | 2,289,264,000 | 2,355,130,000 | 2,495,431,000 | 2,598,436,000 | 2,698,898,000 | 2,672,864,000 | 2,696,417,000 | 2,671,156,000 | 2,743,280,000 | 2,962,520,000 | 3,048,769,000 | 3,098,469,000 | 3,170,540,000 | 3,143,910,000 | 3,086,512,000 | 2,982,951,000 | 2,935,700,000 | 2,794,932,000 | 2,758,736,000 | 2,680,134,000 | 2,730,436,000 | 2,730,904,000 | 2,737,416,000 | 2,628,736,000 | 2,574,450,000 | 2,562,099,000 | 2,530,478,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 39,288,000 | 40,225,000 | 41,522,000 | 37,923,000 | 35,385,000 | 39,578,000 | 26,232,000 | 26,675,000 | 28,618,000 | 33,126,000 | 37,418,000 | 40,902,000 | 46,233,000 | 55,072,000 | 57,276,000 | 46,481,000 | 55,839,000 | 52,428,000 | 50,714,000 | 44,704,000 | 25,748,000 | 37,375,000 | 42,261,000 | 39,648,000 | 27,329,000 | 30,466,000 | 38,016,000 | 39,970,000 | 36,302,000 | 29,494,000 | 42,989,000 | 33,369,000 | 35,109,000 | 34,271,000 | 28,996,000 | 25,388,000 | 28,048,000 | 17,899,000 | 20,414,000 | 20,277,000 | 26,314,000 | 20,862,000 | 21,537,000 | 15,916,000 | 17,141,000 | 18,969,000 | 15,059,000 | 18,620,000 | 18,787,000 | 14,293,000 | 18,525,000 | 14,575,000 | 17,783,000 | 14,291,000 | 13,200,000 | 13,488,000 | 11,122,000 | 15,241,000 | 14,884,000 | 12,526,000 | 9,510,000 | 10,663,000 | 10,427,000 | 5,824,000 | 5,620,000 | 4,624,000 | 6,065,000 | 5,029,000 | 7,739,000 | 10,031,000 | 9,613,000 | 11,364,000 | 9,444,000 | 9,204,000 | 10,788,000 | 8,640,000 | 7,640,000 |
accrued expenses and other current liabilities | 184,849,000 | 171,028,000 | 170,790,000 | 152,829,000 | 150,788,000 | 161,229,000 | 163,011,000 | 174,517,000 | 184,156,000 | 189,786,000 | 199,636,000 | 210,813,000 | 203,579,000 | 208,915,000 | 192,164,000 | 162,775,000 | 156,472,000 | 148,226,000 | 148,671,000 | 151,431,000 | 161,209,000 | 153,151,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 9,900,000 | 2,128,000 | 4,640,000 | 6,282,000 | 17,586,000 | 3,816,000 | 3,022,000 | 2,441,000 | 4,893,000 | 12,066,000 | 6,613,000 | 3,100,000 | 9,618,000 | 24,752,000 | 15,588,000 | 12,317,000 | 8,642,000 | 12,709,000 | 9,181,000 | 3,446,000 | 8,280,000 | 3,806,000 | 1,024,000 | 3,356,000 | 11,053,000 | 19,944,000 | 19,298,000 | 13,007,000 | 51,161,000 | 47,777,000 | 29,339,000 | 22,820,000 | 15,773,000 | 10,060,000 | 10,102,000 | 23,423,000 | 24,554,000 | 34,117,000 | 26,688,000 | 53,656,000 | 37,809,000 | 45,084,000 | 28,690,000 | 25,606,000 | 21,672,000 | 25,088,000 | 16,823,000 | 14,054,000 | 15,218,000 | 27,031,000 | 17,861,000 | 9,191,000 | 42,443,000 | 37,604,000 | 31,191,000 | 24,720,000 | 21,230,000 | 29,029,000 | 7,555,000 | 7,688,000 | 11,594,000 | 10,025,000 | 7,408,000 | 4,236,000 | 2,179,000 | 3,341,000 | 1,653,000 | 2,364,000 | 507,000 | 1,462,000 | 1,875,000 | 1,353,000 | 96,000 | 199,000 | 1,930,000 | 7,516,000 | 8,289,000 |
total current liabilities | 234,037,000 | 213,381,000 | 216,952,000 | 197,034,000 | 205,019,000 | 194,182,000 | 190,483,000 | 192,127,000 | 214,861,000 | 219,709,000 | 228,187,000 | 249,522,000 | 274,646,000 | 295,788,000 | 315,902,000 | 279,836,000 | 313,433,000 | 292,840,000 | 255,905,000 | 214,753,000 | 214,578,000 | 201,445,000 | 195,286,000 | 195,432,000 | 191,904,000 | 205,563,000 | 222,228,000 | 209,816,000 | 245,774,000 | 217,985,000 | 210,279,000 | 195,560,000 | 198,903,000 | 182,191,000 | 156,785,000 | 157,736,000 | 158,275,000 | 155,627,000 | 134,976,000 | 150,671,000 | 144,980,000 | 148,850,000 | 125,771,000 | 123,130,000 | 122,075,000 | 128,013,000 | 113,172,000 | 103,278,000 | 100,079,000 | 105,807,000 | 95,202,000 | 88,110,000 | 125,455,000 | 121,281,000 | 103,778,000 | 103,139,000 | 93,712,000 | 110,658,000 | 90,828,000 | 83,401,000 | 82,770,000 | 70,548,000 | 63,327,000 | 44,129,000 | 36,831,000 | 46,251,000 | 59,724,000 | 56,330,000 | 49,026,000 | 49,404,000 | 50,924,000 | 45,404,000 | 34,482,000 | 42,878,000 | 37,830,000 | 30,984,000 | 40,771,000 |
other long-term liabilities and deferred income taxes | 62,113,000 | 62,770,000 | 57,944,000 | 59,872,000 | 59,774,000 | 46,336,000 | 51,578,000 | 65,589,000 | 68,652,000 | 69,204,000 | 69,680,000 | 83,109,000 | 83,274,000 | 86,223,000 | 92,516,000 | 94,650,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 296,150,000 | 276,151,000 | 274,896,000 | 256,906,000 | 264,793,000 | 240,518,000 | 242,061,000 | 257,716,000 | 283,513,000 | 288,913,000 | 297,867,000 | 332,631,000 | 357,920,000 | 382,011,000 | 408,418,000 | 390,220,000 | 423,319,000 | 404,065,000 | 380,232,000 | 342,281,000 | 341,589,000 | 323,858,000 | 321,430,000 | 324,204,000 | 327,993,000 | 350,244,000 | 370,055,000 | 360,448,000 | 368,215,000 | 355,291,000 | 358,321,000 | 352,638,000 | 344,933,000 | 286,966,000 | 226,185,000 | 236,301,000 | 232,275,000 | 224,282,000 | 206,144,000 | 203,102,000 | 192,764,000 | 192,320,000 | 170,786,000 | 168,741,000 | 164,326,000 | 148,685,000 | 134,526,000 | 135,697,000 | 133,247,000 | 134,109,000 | 123,288,000 | 119,033,000 | 152,571,000 | 148,813,000 | 128,283,000 | 128,152,000 | 118,399,000 | 177,361,000 | 158,977,000 | 129,118,000 | |||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ipg photonics corporation equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.0001 par value... | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 6,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | 4,000 | |||||
treasury stock | -1,555,629,000 | -1,551,924,000 | -1,535,525,000 | -1,505,216,000 | -1,505,321,000 | -1,447,984,000 | -1,373,525,000 | -1,251,121,000 | -1,161,505,000 | -1,097,537,000 | -1,051,040,000 | -1,051,103,000 | -938,009,000 | -821,388,000 | -750,109,000 | -517,260,000 | -438,503,000 | -381,685,000 | -345,345,000 | -306,662,000 | -303,614,000 | -303,614,000 | -293,960,000 | -278,446,000 | -265,730,000 | -250,919,000 | -227,282,000 | -224,998,000 | -224,998,000 | -160,859,000 | -99,997,000 | -69,004,000 | -48,933,000 | -35,857,000 | -33,058,000 | -21,485,000 | -8,946,000 | -3,483,000 | |||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 1,077,172,000 | 1,063,762,000 | 1,053,080,000 | 1,040,264,000 | 1,035,285,000 | 1,025,268,000 | 1,014,094,000 | 1,002,600,000 | 994,020,000 | 978,331,000 | 969,889,000 | 957,103,000 | 951,371,000 | 939,040,000 | 930,950,000 | 917,693,000 | 908,423,000 | 894,264,000 | 883,546,000 | 868,097,000 | 854,301,000 | 828,796,000 | 811,559,000 | 788,568,000 | 785,636,000 | 772,152,000 | 761,936,000 | 746,926,000 | 744,937,000 | 738,285,000 | 729,082,000 | 714,255,000 | 704,727,000 | 693,337,000 | 681,263,000 | 668,003,000 | 650,974,000 | 635,778,000 | 629,694,000 | 616,156,000 | 607,649,000 | 597,803,000 | 591,718,000 | 580,926,000 | 567,617,000 | 556,401,000 | 551,885,000 | 544,351,000 | 538,908,000 | 526,481,000 | 521,044,000 | 515,755,000 | 511,039,000 | 506,854,000 | 499,951,000 | 504,243,000 | 332,585,000 | 329,416,000 | 325,783,000 | 317,709,000 | 310,218,000 | 302,934,000 | 296,572,000 | 294,724,000 | 293,743,000 | 291,673,000 | 289,242,000 | 288,209,000 | 283,217,000 | 279,364,000 | 277,875,000 | 276,203,000 | 275,506,000 | 273,720,000 | 272,326,000 | 271,363,000 | 271,122,000 |
retained earnings | 2,644,964,000 | 2,631,694,000 | 2,624,231,000 | 2,617,626,000 | 2,613,868,000 | 2,606,053,000 | 2,839,647,000 | 2,819,493,000 | 2,795,394,000 | 2,753,966,000 | 2,698,972,000 | 2,636,651,000 | 2,576,516,000 | 2,669,411,000 | 2,593,147,000 | 2,536,179,000 | 2,466,607,000 | 2,401,520,000 | 2,326,118,000 | 2,256,318,000 | 2,188,191,000 | 2,138,852,000 | 2,103,248,000 | 2,065,022,000 | 2,028,734,000 | 2,033,184,000 | 1,975,931,000 | 1,903,659,000 | 1,848,500,000 | 1,772,941,000 | 1,672,424,000 | 1,550,807,000 | 1,443,867,000 | 1,390,911,000 | 1,275,314,000 | 1,171,198,000 | 1,094,108,000 | 1,018,976,000 | 949,741,000 | 882,682,000 | 833,356,000 | 772,652,000 | 709,860,000 | 648,561,000 | 591,202,000 | 534,771,000 | 479,571,000 | 431,288,000 | 390,757,000 | 354,162,000 | 311,824,000 | 270,104,000 | 234,977,000 | 233,418,000 | 190,983,000 | 153,241,000 | 122,833,000 | 91,753,000 | 59,371,000 | 28,635,000 | 5,567,000 | ||||||||||||||||
accumulated other comprehensive loss | -38,383,000 | -38,726,000 | -37,240,000 | -92,238,000 | -119,367,000 | -68,731,000 | -226,852,000 | -230,258,000 | -212,530,000 | -250,815,000 | -219,277,000 | -204,132,000 | -204,524,000 | -206,560,000 | -134,778,000 | -229,369,000 | -189,951,000 | -174,753,000 | -159,407,000 | -178,257,000 | -146,065,000 | -193,827,000 | -184,501,000 | -220,081,000 | -146,919,000 | -174,311,000 | -143,943,000 | -157,751,000 | -162,896,000 | -144,409,000 | -129,357,000 | -50,694,000 | -77,344,000 | -89,297,000 | -119,167,000 | -151,626,000 | -178,583,000 | -148,430,000 | -156,451,000 | -152,987,000 | -181,482,000 | -155,802,000 | -139,262,000 | -150,539,000 | -112,263,000 | -54,474,000 | -7,601,000 | -14,328,000 | -1,701,000 | -4,961,000 | -16,906,000 | -12,639,000 | -3,094,000 | -10,705,000 | -21,208,000 | ||||||||||||||||||||||
total stockholders' equity | 2,128,130,000 | 2,104,812,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 2,424,280,000 | 2,380,963,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total ipg photonics corporation equity | 2,104,552,000 | 2,060,442,000 | 2,114,612,000 | 2,253,370,000 | 2,340,720,000 | 2,580,509,000 | 2,639,216,000 | 2,707,249,000 | 2,739,352,000 | 2,704,918,000 | 2,639,502,000 | 2,470,213,000 | 2,436,352,000 | 2,355,069,000 | 2,380,111,000 | 2,366,647,000 | 2,267,841,000 | 2,205,963,000 | 2,172,157,000 | 2,145,369,000 | 2,022,322,000 | 1,959,099,000 | 1,804,357,000 | 1,666,095,000 | 1,557,558,000 | 1,502,846,000 | 1,422,989,000 | 1,345,856,000 | 1,259,528,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 2,379,448,000 | 2,317,348,000 | 2,289,264,000 | 2,355,130,000 | 2,495,431,000 | 2,598,436,000 | 2,698,898,000 | 2,672,864,000 | 2,696,417,000 | 2,671,156,000 | 2,743,280,000 | 2,962,520,000 | 3,048,769,000 | 3,098,469,000 | 3,170,540,000 | 3,143,910,000 | 3,086,512,000 | 2,982,951,000 | 2,935,700,000 | 2,794,932,000 | 2,758,736,000 | 2,680,134,000 | 2,730,436,000 | 2,730,904,000 | 2,737,416,000 | 2,628,736,000 | 2,574,450,000 | 2,562,099,000 | 2,530,478,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net sales | 250,721,000 | 227,793,000 | 233,143,000 | 257,645,000 | 252,009,000 | 413,613,000 | 359,864,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 157,148,000 | 137,981,000 | 179,054,000 | 161,459,000 | 154,473,000 | 178,638,000 | 156,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 93,573,000 | 89,812,000 | 54,089,000 | 96,186,000 | 97,536,000 | 234,975,000 | 203,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 25,552,000 | 24,430,000 | 22,233,000 | 22,487,000 | 22,998,000 | 14,536,000 | 13,516,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 29,937,000 | 28,336,000 | 27,177,000 | 27,487,000 | 29,381,000 | 31,813,000 | 28,546,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 34,882,000 | 32,808,000 | 32,660,000 | 31,602,000 | 31,158,000 | 24,117,000 | 25,495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of assets | -674,000 | -6,776,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on foreign exchange | 3,098,000 | 2,411,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 93,469,000 | 87,985,000 | 307,435,000 | 84,146,000 | 78,436,000 | 72,584,000 | 62,262,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 104,000 | 1,827,000 | -253,346,000 | 12,040,000 | 19,100,000 | 162,391,000 | 141,100,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income, net: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 8,001,000 | 7,444,000 | 11,103,000 | 12,778,000 | 14,177,000 | 729,000 | 311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 166,000 | 1,344,000 | -271,000 | 194,000 | 325,000 | 386,000 | 443,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 8,167,000 | 8,788,000 | 10,832,000 | 12,972,000 | 14,502,000 | 1,115,000 | 754,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before benefit from income taxes | 8,271,000 | 10,615,000 | -242,514,000 | 25,012,000 | 33,602,000 | 163,506,000 | 141,854,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from income taxes | 1,666,000 | 6,857,000 | 4,858,000 | 9,503,000 | -41,889,000 | -35,520,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 6,605,000 | 3,758,000 | 121,617,000 | 106,334,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 160 | 90 | -5,330 | 450 | 520 | 2,270 | 1,980 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 160 | 90 | -5,330 | 450 | 520 | 2,210 | 1,930 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | 152,048,000 | 181,350,000 | 202,764,000 | 230,826,000 | 176,740,000 | 149,782,000 | 154,640,000 | 137,060,000 | 134,314,000 | 135,750,000 | 144,417,000 | 134,284,000 | 116,499,000 | 105,737,000 | 102,485,000 | 96,376,000 | 80,534,000 | 70,987,000 | 75,667,000 | 76,913,000 | 68,274,000 | 62,209,000 | 64,057,000 | 66,862,000 | 63,379,000 | 63,867,000 | 59,336,000 | 59,553,000 | 53,450,000 | 50,138,000 | 51,451,000 | 55,733,000 | 46,225,000 | 44,014,000 | 47,285,000 | 51,248,000 | 50,732,000 | 47,512,000 | 50,105,000 | 41,726,000 | 35,287,000 | 25,316,000 | 21,189,000 | 21,276,000 | 18,929,000 | 17,507,000 | 17,988,000 | 19,712,000 | 17,313,000 | 16,046,000 | 13,724,000 | 17,909,000 | 14,380,000 | 13,980,000 | 13,940,000 | ||||||||||||||||||||||
total ipg photonics corporation stockholders' equity | 2,024,471,000 | 2,415,385,000 | 2,385,360,000 | 2,746,582,000 | 2,592,819,000 | 2,401,726,000 | 2,205,548,000 | 1,214,658,000 | 1,162,321,000 | 1,078,953,000 | 1,046,561,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income from divestiture and sale of assets | 197,651,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 26,566,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges (recoveries) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on foreign exchange | 1,148,000 | 3,244,000 | 1,675,000 | 2,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -8,920,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation common stockholders | -233,594,000 | 20,154,000 | 24,099,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring charges | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 15,734,000 | 16,031,000 | 16,328,000 | 32,225,000 | 17,459,000 | 18,126,000 | 18,788,000 | 3,846,000 | 3,828,000 | 3,810,000 | 3,792,000 | 3,775,000 | 3,757,000 | 3,740,000 | 3,722,000 | 3,705,000 | 3,688,000 | 3,671,000 | 3,654,000 | 3,637,000 | 3,621,000 | 3,604,000 | 3,576,000 | 1,188,000 | 3,188,000 | 3,188,000 | 3,188,000 | 3,188,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 13,000,000 | 13,333,000 | 11,667,000 | 12,000,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,529,000 | 1,505,000 | 1,572,000 | 1,580,000 | 1,575,000 | 1,613,000 | 1,546,000 | 1,586,000 | 1,531,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 1,333,000 | 8,299,000 | ||||||||||||||||
total equity | 2,383,951,000 | 2,398,550,000 | 2,338,525,000 | 2,385,360,000 | 2,580,509,000 | 2,640,351,000 | 2,708,249,000 | 2,747,221,000 | 2,739,845,000 | 2,706,280,000 | 2,640,670,000 | 2,594,111,000 | 2,471,074,000 | 2,437,306,000 | 2,355,930,000 | 2,402,443,000 | 2,380,660,000 | 2,367,361,000 | 2,268,288,000 | 2,206,235,000 | 2,206,808,000 | 2,022,322,000 | 1,959,099,000 | 1,804,357,000 | 1,666,272,000 | 1,557,724,000 | 1,503,016,000 | 1,423,163,000 | 1,346,998,000 | 1,260,665,000 | 1,215,886,000 | 1,163,755,000 | 1,080,519,000 | 742,927,000 | 729,572,000 | 669,731,000 | 658,366,000 | 443,610,000 | 316,803,000 | 285,452,000 | 252,323,000 | 252,452,000 | 256,571,000 | 253,203,000 | 244,224,000 | 237,737,000 | |||||||||||||||||||||||||||||||
long-term debt | 15,734,000 | 16,031,000 | 16,328,000 | 32,225,000 | 33,193,000 | 34,157,000 | 35,117,000 | 36,071,000 | 37,022,000 | 37,968,000 | 38,909,000 | 39,846,000 | 40,779,000 | 41,707,000 | 42,631,000 | 43,551,000 | 44,466,000 | 45,378,000 | 46,296,000 | 21,375,000 | 36,839,000 | 37,635,000 | 38,432,000 | 39,229,000 | 17,167,000 | 17,667,000 | 18,167,000 | 18,667,000 | 19,167,000 | 19,667,000 | 11,000,000 | 11,333,000 | 11,667,000 | 12,000,000 | 12,525,000 | 14,014,000 | 14,341,000 | 14,671,000 | 15,132,000 | 15,726,000 | 16,296,000 | 16,758,000 | 17,112,000 | 15,644,000 | 16,382,000 | 16,649,000 | 16,333,000 | 16,667,000 | 17,000,000 | 17,334,000 | 17,649,000 | 17,997,000 | 18,356,000 | 18,710,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 30,068,000 | |||||||||||||||||
non-controlling interests | 1,135,000 | 1,000,000 | 639,000 | 493,000 | 1,362,000 | 1,168,000 | 1,292,000 | 861,000 | 954,000 | 861,000 | 717,000 | 549,000 | 714,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and other long-term liabilities | 93,855,000 | 94,897,000 | 92,102,000 | 94,335,000 | 92,854,000 | 87,296,000 | 90,073,000 | 91,750,000 | 98,121,000 | 105,772,000 | 107,981,000 | 109,853,000 | 80,734,000 | 94,675,000 | 104,491,000 | 112,612,000 | 100,652,000 | 58,479,000 | 48,025,000 | 41,726,000 | 36,365,000 | 30,223,000 | 31,939,000 | 35,264,000 | 30,117,000 | 25,303,000 | 26,348,000 | 26,444,000 | 22,584,000 | 20,672,000 | 21,354,000 | 21,419,000 | 21,835,000 | 16,635,000 | 16,086,000 | 18,398,000 | 13,102,000 | 2,766,000 | 1,735,000 | 1,594,000 | 1,425,000 | 2,293,000 | 2,567,000 | 2,485,000 | 1,819,000 | 2,896,000 | 2,842,000 | 2,645,000 | 4,204,000 | ||||||||||||||||||||||||||||
noncontrolling interests | 447,000 | 687,000 | 845,000 | 177,000 | 166,000 | 170,000 | 174,000 | 1,142,000 | 1,137,000 | 1,228,000 | 1,434,000 | 1,566,000 | 287,000 | 236,000 | 245,000 | 210,000 | 203,000 | 296,000 | 207,000 | 168,000 | 141,000 | 106,000 | 95,000 | 209,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation | 121,617,000 | 106,334,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to ipg photonics corporation per share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total | 2,498,007,000 | 2,367,255,000 | 2,246,065,000 | 2,030,542,000 | 1,902,573,000 | 1,789,999,000 | 1,727,298,000 | 1,629,307,000 | 1,550,100,000 | 1,453,429,000 | 1,408,206,000 | 1,334,541,000 | 1,249,260,000 | 1,210,887,000 | 1,185,388,000 | 1,158,386,000 | 1,097,013,000 | 1,061,216,000 | 1,009,796,000 | 939,255,000 | 892,258,000 | 895,498,000 | 878,385,000 | 798,014,000 | 834,905,000 | 608,132,000 | 596,324,000 | 561,381,000 | 489,567,000 | 441,855,000 | 373,976,000 | 333,724,000 | 315,207,000 | 312,636,000 | 318,939,000 | 323,101,000 | 313,805,000 | 313,218,000 | 303,917,000 | 303,031,000 | 287,755,000 | 263,321,000 | 258,212,000 | 240,125,000 | 220,424,000 | 232,492,000 | |||||||||||||||||||||||||||||||
(gain) loss on foreign exchange | -5,295,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving line-of-credit facilities | 248,000 | 1,600,000 | 523,000 | 2,631,000 | 2,276,000 | 2,724,000 | 2,300,000 | 3,296,000 | 1,547,000 | 1,822,000 | 9,802,000 | 2,442,000 | 4,900,000 | 4,037,000 | 9,652,000 | 7,057,000 | 7,731,000 | 7,205,000 | 6,587,000 | 6,841,000 | 4,634,000 | 6,300,000 | 7,098,000 | 6,007,000 | 15,476,000 | 31,401,000 | 29,760,000 | 19,769,000 | 16,001,000 | 19,850,000 | 15,336,000 | 11,218,000 | 15,566,000 | 10,732,000 | 848,000 | 2,603,000 | |||||||||||||||||||||||||||||||||||||||||
ipg photonics corporation stockholders' equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid income taxes and income taxes receivable | 20,940,000 | 19,706,000 | 17,326,000 | 16,146,000 | 14,397,000 | 13,071,000 | 13,968,000 | 13,946,000 | 14,434,000 | 13,285,000 | 14,494,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ipg photonics corporation stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total ipg photonics corporation stockholders’ equity | 1,036,703,000 | 1,023,860,000 | 961,316,000 | 927,969,000 | 875,687,000 | 815,967,000 | 773,225,000 | 742,927,000 | 729,572,000 | 669,731,000 | 658,366,000 | 443,323,000 | 418,727,000 | 402,159,000 | 360,239,000 | 316,600,000 | 285,156,000 | 252,116,000 | 252,284,000 | 256,430,000 | 253,097,000 | 244,129,000 | 237,528,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 48,387,000 | 46,123,000 | 45,651,000 | 46,730,000 | 25,839,000 | 24,903,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 13,191,000 | 9,834,000 | 9,881,000 | 8,961,000 | 4,756,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 877,000 | -12,100,000 | -2,447,000 | 17,000,000 | 13,890,000 | 810,000 | 3,712,000 | -9,740,000 | 2,582,000 | 11,106,000 | 12,965,000 | 8,683,000 | 1,886,000 | 8,794,000 | 11,954,000 | 21,399,000 | 21,542,000 | 15,167,000 | 12,646,000 | 8,986,000 | 8,458,000 | 7,883,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 418,963,000 | 402,404,000 | 360,449,000 | 238,172,000 | 228,419,000 | 225,482,000 | 215,401,000 | 200,180,000 | 187,536,000 | 173,925,000 | 166,023,000 | 158,594,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable | 4,419,000 | 2,376,000 | 2,663,000 | 5,199,000 | 2,960,000 | 3,193,000 | 2,558,000 | 975,000 | 1,995,000 | 1,585,000 | 1,968,000 | 1,015,000 | 935,000 | 2,252,000 | 3,145,000 | 7,663,000 | 5,881,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes, net and other long-term liabilities | 4,661,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
46,988,566 and 46,076,472 shares issued and outstanding at december 31, 2010 and 2009, respectively | 5,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant, and equipment | 111,847,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -21,495,000 | -34,721,000 | -45,027,000 | -48,424,000 | -51,546,000 | -53,801,000 | -52,572,000 | -53,843,000 | -62,903,000 | -73,796,000 | -82,348,000 | -90,497,000 | -98,834,000 | -107,391,000 | -113,779,000 | -120,392,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant, and equipment — net | 111,453,000 | 114,492,000 | 96,369,000 | 67,153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 5,000 | 4,000 | 4,000 | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies ipg photonics corporation stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes and other long-term | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities | 2,089,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities, at fair value | 1,000,000 | 6,950,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests | 5,127,000 | 4,896,000 | 5,270,000 | 4,801,000 | 4,455,000 | 4,067,000 | 3,415,000 | 3,199,000 | 2,827,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable from stockholders | -23,000 | -23,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories — net | 42,162,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee and stockholder loans | 86,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b warrants | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible redeemable preferred stock, 0.0001 par value: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b — no shares designated, issued and outstanding at december 31, 2006; 3,800,000 shares designated, issued and outstanding at december 31, 2005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d — no shares designated, issued and outstanding at december 31, 2006; 5,400,000 shares designated, 2,684,211 shares issued and outstanding at december 31, 2005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value — 5,000,000 and 15,000,000 shares authorized at december 31, 2006 and 2005, respectively; series a — 500,000 shares designated, 488,000 shares issued and outstanding at december 31, 2005 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 13,270,000 | 7,463,000 | 6,605,000 | 3,758,000 | 7,815,000 | -233,594,000 | 20,154,000 | 24,099,000 | 41,428,000 | 54,994,000 | 62,321,000 | 60,135,000 | -92,895,000 | 76,698,000 | 57,331,000 | 69,628,000 | 65,268,000 | 74,699,000 | 69,677,000 | 68,222,000 | 49,676,000 | 35,530,000 | 38,366,000 | 36,766,000 | -4,303,000 | 57,127,000 | 72,521,000 | 54,916,000 | 75,466,000 | 100,752,000 | 121,617,000 | 106,334,000 | 52,956,000 | 115,597,000 | 104,103,000 | 74,932,000 | 75,129,000 | 69,227,000 | 67,032,000 | 49,328,000 | 60,678,000 | 62,759,000 | 61,244,000 | 57,346,000 | 56,431,000 | 55,200,000 | 48,283,000 | 40,531,000 | 36,595,000 | 42,338,000 | 41,720,000 | 35,127,000 | 34,912,000 | 42,435,000 | 39,849,000 | 30,548,000 | 31,855,000 | 34,269,000 | 31,507,000 | 23,378,000 | 27,268,000 | 13,315,000 | 10,345,000 | 3,424,000 | 3,157,000 | 2,266,000 | -1,165,000 | 1,026,000 | 9,060,000 | 10,893,000 | 8,552,000 | 8,149,000 | 8,337,000 | 8,557,000 | 6,388,000 | 6,613,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 20,055,000 | 15,632,000 | 15,826,000 | 15,341,000 | 14,820,000 | 15,117,000 | 15,292,000 | 16,214,000 | 16,943,000 | 17,335,000 | 17,454,000 | 17,889,000 | 20,712,000 | 22,748,000 | 23,669,000 | 23,435,000 | 24,203,000 | 24,151,000 | 24,157,000 | 23,819,000 | 23,366,000 | 23,838,000 | 23,251,000 | 24,099,000 | 23,737,000 | 25,045,000 | 24,684,000 | 22,802,000 | 21,377,000 | 20,167,000 | 19,504,000 | 19,223,000 | 18,152,000 | 16,702,000 | 15,210,000 | 14,504,000 | 13,829,000 | 13,993,000 | 12,259,000 | 11,394,000 | 11,336,000 | 10,903,000 | 10,433,000 | 9,743,000 | 9,203,000 | 9,321,000 | 8,986,000 | 8,102,000 | 8,110,000 | 8,529,000 | 7,668,000 | 7,217,000 | 6,976,000 | 6,810,000 | 6,143,000 | 6,215,000 | 5,780,000 | 6,227,000 | 6,297,000 | 5,658,000 | 5,747,000 | 5,584,000 | 5,288,000 | 5,226,000 | 5,148,000 | 4,981,000 | 4,663,000 | 4,380,000 | 4,733,000 | 3,576,000 | 3,916,000 | 3,609,000 | 3,749,000 | 3,145,000 | 2,685,000 | 2,725,000 |
deferred income taxes | -6,442,000 | -5,277,000 | -8,437,000 | 6,476,000 | -6,897,000 | -19,483,000 | -3,324,000 | 4,044,000 | -8,954,000 | -9,900,000 | -11,041,000 | 16,106,000 | -6,025,000 | -10,346,000 | -7,807,000 | -3,397,000 | -2,128,000 | -2,901,000 | -5,800,000 | 3,944,000 | -2,691,000 | -11,713,000 | 2,526,000 | -935,000 | -11,275,000 | -6,842,000 | -6,571,000 | 9,199,000 | -7,530,000 | -3,143,000 | -1,304,000 | 7,401,000 | 8,347,000 | 10,001,000 | 325,000 | 4,208,000 | -854,000 | -2,786,000 | -6,527,000 | -2,741,000 | -9,000 | -5,026,000 | -7,826,000 | 5,708,000 | 4,468,000 | -1,061,000 | -2,283,000 | -2,610,000 | 1,423,000 | -4,206,000 | -7,709,000 | 4,324,000 | 2,841,000 | 2,316,000 | -2,465,000 | 2,854,000 | -852,000 | -6,060,000 | 1,423,000 | 5,201,000 | 2,474,000 | 693,000 | -357,000 | -2,409,000 | 4,032,000 | -2,420,000 | -1,525,000 | -4,174,000 | 4,074,000 | 1,305,000 | -902,000 | -2,032,000 | 4,146,000 | 3,590,000 | -311,000 | 691,000 |
stock-based compensation | 10,154,000 | 10,745,000 | 11,294,000 | 10,754,000 | 7,692,000 | 11,096,000 | 8,544,000 | 9,738,000 | 12,110,000 | 8,143,000 | 9,673,000 | 9,576,000 | 9,101,000 | 8,762,000 | 10,445,000 | 9,994,000 | 9,328,000 | 9,858,000 | 9,863,000 | 8,815,000 | 9,078,000 | 8,741,000 | 9,223,000 | 8,430,000 | 7,792,000 | 8,540,000 | 8,893,000 | 8,138,000 | 6,584,000 | 7,719,000 | 7,309,000 | 6,415,000 | 6,032,000 | 5,930,000 | 5,708,000 | 5,351,000 | 5,635,000 | 5,663,000 | 5,477,000 | 4,959,000 | 5,114,000 | 5,013,000 | 4,735,000 | 4,127,000 | 4,105,000 | 3,895,000 | 3,905,000 | 3,267,000 | 3,116,000 | 3,132,000 | 2,940,000 | 2,532,000 | 2,207,000 | 2,159,000 | 2,201,000 | 1,998,000 | 1,868,000 | 1,879,000 | 1,694,000 | 2,607,000 | 718,000 | 915,000 | 793,000 | 770,000 | 775,000 | 787,000 | 570,000 | 635,000 | 575,000 | 495,000 | 617,000 | 387,000 | 419,000 | 396,000 | ||
impairment of long-lived assets and restructuring (recoveries) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on foreign currency transactions | -4,200,000 | 590,000 | 2,746,000 | 42,000 | -2,506,000 | -4,229,000 | -13,022,000 | 10,852,000 | -19,589,000 | 2,848,000 | 3,918,000 | 267,000 | -723,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss from divestitures and sales of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for inventory, warranty and bad debt | 11,548,000 | 9,686,000 | 10,204,000 | 11,876,000 | 13,943,000 | 46,069,000 | 15,604,000 | 14,761,000 | 17,169,000 | 12,043,000 | 14,632,000 | 17,214,000 | 94,662,000 | 20,346,000 | 22,502,000 | 16,142,000 | 18,077,000 | 17,710,000 | 15,969,000 | 16,685,000 | 28,013,000 | 18,075,000 | 10,998,000 | 13,486,000 | 2,757,000 | 1,718,000 | 2,483,000 | 2,424,000 | 3,728,000 | 2,556,000 | 1,779,000 | 1,710,000 | ||||||||||||||||||||||||||||||||||||||||||||
amortization of premium/discount on investments | -2,314,000 | -3,395,000 | -4,430,000 | -3,878,000 | -1,981,000 | -2,669,000 | -5,789,000 | -7,218,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 1,080,000 | 1,294,000 | 1,193,000 | 1,402,000 | 1,121,000 | 8,357,000 | 197,000 | -5,713,000 | 18,191,000 | -4,114,000 | -4,639,000 | -4,244,000 | -2,541,000 | 435,000 | 1,392,000 | 2,368,000 | 2,790,000 | 2,257,000 | 2,109,000 | 1,462,000 | 1,819,000 | 4,188,000 | 1,620,000 | 1,015,000 | 2,466,000 | 684,000 | 47,000 | 123,000 | -1,650,000 | -1,755,000 | -185,000 | 4,000 | 287,000 | 11,000 | -154,000 | 842,000 | 2,531,000 | -101,000 | 119,000 | 175,000 | 319,000 | 96,000 | 45,000 | 50,000 | -5,000 | 129,000 | -87,000 | 422,000 | -307,000 | -91,000 | 476,000 | -16,000 | -57,000 | 26,000 | 0 | 12,000 | 17,000 | 18,000 | 823,000 | -293,000 | 1,042,000 | 193,000 | -41,000 | -10,000 | -7,000 | -9,000 | 11,000 | -31,000 | 315,000 | -48,000 | -295,000 | -223,000 | 23,000 | -31,000 | -196,000 | 162,000 |
changes in assets and liabilities that (used) provided cash, net of acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -16,134,000 | 34,374,000 | -18,888,000 | -4,113,000 | -5,057,000 | 13,424,000 | 6,155,000 | 32,305,000 | 14,631,000 | -1,150,000 | 766,000 | -24,642,000 | -8,417,000 | 40,957,000 | -1,061,000 | 2,621,000 | 10,190,000 | -24,806,000 | 5,165,000 | 7,360,000 | -15,330,000 | -30,703,000 | -1,481,000 | 34,492,000 | 17,338,000 | 13,494,000 | -43,909,000 | 22,853,000 | 7,244,000 | -16,567,000 | -17,433,000 | 7,942,000 | -6,809,000 | 17,218,000 | -50,833,000 | -22,801,000 | -591,000 | -13,738,000 | -5,255,000 | 8,140,000 | 968,000 | 11,744,000 | -19,863,000 | -11,885,000 | -10,592,000 | -17,206,000 | -16,347,000 | -4,373,000 | 16,951,000 | -5,730,000 | -12,962,000 | -8,250,000 | 13,808,000 | -23,213,000 | -1,098,000 | -12,203,000 | 2,533,000 | -9,293,000 | -14,842,000 | -2,086,000 | -3,203,000 | -11,365,000 | -11,843,000 | -897,000 | -1,461,000 | 2,533,000 | -2,084,000 | 10,281,000 | -2,229,000 | -3,391,000 | -658,000 | -2,188,000 | -1,118,000 | -5,523,000 | -2,300,000 | -2,351,000 |
inventories | -913,000 | -28,168,000 | -14,870,000 | -8,967,000 | 17,965,000 | 12,719,000 | 15,543,000 | 1,498,000 | 22,559,000 | -8,633,000 | -3,114,000 | -8,989,000 | -40,054,000 | -49,726,000 | -48,282,000 | -50,951,000 | -44,370,000 | -44,164,000 | -41,136,000 | -20,084,000 | -5,687,000 | -19,053,000 | -4,731,000 | -10,429,000 | 22,927,000 | -10,243,000 | -21,070,000 | -19,719,000 | -13,389,000 | -31,037,000 | -41,270,000 | -49,744,000 | -31,383,000 | -13,877,000 | -3,412,000 | -22,408,000 | -10,812,000 | -8,146,000 | -15,303,000 | -19,365,000 | -18,393,000 | -18,961,000 | -19,313,000 | -13,898,000 | -12,026,000 | -15,232,000 | -11,132,000 | -3,856,000 | -6,650,000 | -19,891,000 | -16,830,000 | -6,984,000 | -5,925,000 | -6,902,000 | -6,121,000 | -4,027,000 | -3,878,000 | -17,068,000 | -21,473,000 | -13,720,000 | -9,013,000 | -8,490,000 | -6,166,000 | -3,349,000 | 2,756,000 | 1,158,000 | 827,000 | 859,000 | 175,000 | -6,085,000 | -8,453,000 | -7,298,000 | -706,000 | -2,853,000 | -8,462,000 | -3,284,000 |
prepaid expenses and other current assets | -2,137,000 | -2,934,000 | 147,000 | -2,138,000 | 649,000 | 1,208,000 | 1,204,000 | -3,972,000 | 33,000 | -3,450,000 | -474,000 | -178,000 | -209,000 | 117,000 | 2,668,000 | -723,000 | -5,553,000 | -234,000 | 5,167,000 | -4,731,000 | -502,000 | -1,975,000 | 709,000 | -2,212,000 | 2,436,000 | -2,039,000 | 1,099,000 | -2,395,000 | 978,000 | 2,807,000 | 55,000 | -4,610,000 | -3,738,000 | -1,360,000 | 353,000 | 38,000 | -662,000 | 2,024,000 | -1,626,000 | 3,280,000 | 2,498,000 | 414,000 | 618,000 | 364,000 | -4,500,000 | 598,000 | -3,218,000 | |||||||||||||||||||||||||||||
accounts payable | -3,080,000 | -1,526,000 | 3,449,000 | 5,491,000 | -5,798,000 | 2,996,000 | 1,002,000 | 274,000 | -6,088,000 | -2,759,000 | -2,872,000 | -4,600,000 | -9,337,000 | -5,968,000 | 11,579,000 | -8,448,000 | 4,701,000 | 1,417,000 | 5,899,000 | 18,980,000 | -10,761,000 | -4,426,000 | 7,191,000 | 6,054,000 | -2,120,000 | -7,692,000 | -2,400,000 | 1,955,000 | -107,000 | -10,846,000 | 8,393,000 | 1,134,000 | -1,114,000 | 1,509,000 | 3,474,000 | -1,560,000 | 9,409,000 | -1,375,000 | -1,692,000 | -6,749,000 | 5,287,000 | 97,000 | 5,653,000 | -1,231,000 | 1,938,000 | 4,008,000 | -3,200,000 | 516,000 | 2,982,000 | -4,516,000 | 4,444,000 | -1,936,000 | 2,205,000 | -14,000 | 1,482,000 | 702,000 | -3,490,000 | 587,000 | 1,759,000 | 3,129,000 | -59,000 | -721,000 | 4,590,000 | -399,000 | 983,000 | -1,146,000 | 821,000 | -1,156,000 | -2,786,000 | 988,000 | -1,267,000 | 798,000 | 67,000 | -1,821,000 | 2,933,000 | -93,000 |
accrued expenses and other current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income and other taxes payable | -6,045,000 | 1,773,000 | -15,232,000 | -11,685,000 | 18,026,000 | 726,000 | -18,306,000 | -1,125,000 | 4,755,000 | 24,945,000 | -2,898,000 | -9,749,000 | 3,691,000 | -160,000 | -3,483,000 | -14,180,000 | -1,146,000 | 45,598,000 | 6,251,000 | -14,847,000 | 5,008,000 | 15,491,000 | -22,824,000 | -21,012,000 | 5,811,000 | 7,113,000 | 940,000 | -57,801,000 | 19,374,000 | 1,812,000 | 8,762,000 | 5,264,000 | 43,585,000 | -4,853,000 | -11,932,000 | -10,081,000 | -3,307,000 | 3,214,000 | -25,236,000 | 14,583,000 | -7,972,000 | 10,434,000 | -649,000 | 7,716,000 | 6,372,000 | 462,000 | -896,000 | -175,000 | -5,598,000 | 7,226,000 | 7,831,000 | -40,243,000 | 2,080,000 | 7,997,000 | 5,855,000 | 5,186,000 | 6,011,000 | 11,347,000 | 148,000 | -4,577,000 | 3,928,000 | -1,233,000 | 2,537,000 | 236,000 | 2,693,000 | -69,000 | 2,772,000 | -790,000 | 1,798,000 | 2,132,000 | -1,181,000 | -2,706,000 | -6,262,000 | -855,000 | ||
net cash from operating activities | 28,809,000 | 35,306,000 | -2,216,000 | 13,445,000 | 73,784,000 | 66,058,000 | 53,458,000 | 54,596,000 | 106,062,000 | 85,978,000 | 66,666,000 | 37,280,000 | 41,623,000 | 75,865,000 | 78,738,000 | 16,423,000 | 84,544,000 | 101,966,000 | 115,647,000 | 87,543,000 | 85,318,000 | 69,761,000 | 73,475,000 | 56,781,000 | 129,939,000 | 91,803,000 | 58,124,000 | 43,655,000 | 113,050,000 | 71,700,000 | 108,898,000 | 99,653,000 | 108,545,000 | 163,748,000 | 82,282,000 | 50,820,000 | 99,287,000 | 87,727,000 | 41,281,000 | 63,993,000 | 61,960,000 | 93,201,000 | 49,402,000 | 52,008,000 | 56,018,000 | 47,212,000 | 33,484,000 | 43,391,000 | 58,406,000 | 36,687,000 | 35,613,000 | -11,339,000 | 58,771,000 | 38,050,000 | 51,450,000 | 27,005,000 | 31,356,000 | 29,003,000 | 13,730,000 | 13,262,000 | 34,025,000 | 5,969,000 | 15,562,000 | 7,876,000 | 16,713,000 | 13,892,000 | 6,290,000 | 17,510,000 | 9,645,000 | 13,378,000 | 6,289,000 | 5,359,000 | 11,163,000 | 1,485,000 | -2,569,000 | 578,000 |
capital expenditures | 2,147,000 | 285,000 | -1,125,000 | 2,462,000 | 2,934,000 | 2,226,000 | -897,000 | 1,708,000 | 1,559,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 480,000 | 326,000 | 528,000 | -584,000 | -143,000 | 549,000 | -875,000 | 750,000 | -332,000 | -9,915,000 | -21,133,000 | -13,996,000 | -17,027,000 | -16,631,000 | -14,943,000 | 8,000 | -23,497,000 | -11,932,000 | -18,555,000 | -11,727,000 | -12,779,000 | -9,462,000 | -14,296,000 | 244,000 | -3,581,000 | -4,834,000 | 50,000 | -2,164,000 | -3,045,000 | -4,321,000 | 235,000 | -8,454,000 | -7,676,000 | -12,378,000 | 0 | -8,599,000 | -10,597,000 | -7,262,000 |
free cash flows | 30,956,000 | 35,591,000 | -3,341,000 | 15,907,000 | 76,718,000 | 68,284,000 | 52,561,000 | 56,304,000 | 107,621,000 | 85,978,000 | 66,666,000 | 37,280,000 | 41,623,000 | 75,865,000 | 78,738,000 | 16,423,000 | 84,544,000 | 101,966,000 | 115,647,000 | 87,543,000 | 85,318,000 | 69,761,000 | 73,475,000 | 56,781,000 | 129,939,000 | 91,803,000 | 58,124,000 | 43,655,000 | 113,050,000 | 71,700,000 | 108,898,000 | 99,653,000 | 108,545,000 | 163,748,000 | 82,282,000 | 50,820,000 | 99,287,000 | 87,727,000 | 41,761,000 | 64,319,000 | 62,488,000 | 92,617,000 | 49,259,000 | 52,557,000 | 55,143,000 | 47,962,000 | 33,152,000 | 33,476,000 | 37,273,000 | 22,691,000 | 18,586,000 | -27,970,000 | 43,828,000 | 38,058,000 | 27,953,000 | 15,073,000 | 12,801,000 | 17,276,000 | 951,000 | 3,800,000 | 19,729,000 | 6,213,000 | 11,981,000 | 3,042,000 | 16,763,000 | 11,728,000 | 3,245,000 | 13,189,000 | 9,880,000 | 4,924,000 | -1,387,000 | -7,019,000 | 11,163,000 | -7,114,000 | -13,166,000 | -6,684,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of and deposits on property, plant and equipment | -17,891,000 | -20,731,000 | -15,358,000 | -24,818,000 | -23,166,000 | -23,088,000 | -24,218,000 | -28,052,000 | -25,227,000 | -26,117,000 | -25,735,000 | -33,404,000 | -25,589,000 | -24,649,000 | -34,726,000 | -25,177,000 | -39,513,000 | -26,923,000 | -27,421,000 | -24,501,000 | -19,569,000 | -17,801,000 | -21,048,000 | -53,504,000 | -32,988,000 | -36,839,000 | -57,403,000 | -39,113,000 | -55,589,000 | -21,757,000 | -21,875,000 | -29,184,000 | -45,903,000 | -24,960,000 | -18,153,000 | -18,579,000 | -14,027,000 | -26,942,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of property, plant and equipment | 317,000 | 42,000 | 380,000 | 183,000 | 40,000 | 264,000 | 3,012,000 | 25,262,000 | 816,000 | 28,685,000 | 140,000 | 1,600,000 | 26,025,000 | 192,000 | 217,000 | 428,000 | 550,000 | 601,000 | 128,000 | 130,000 | 200,000 | 229,000 | 321,000 | 139,000 | 313,000 | 60,000 | 107,000 | 181,000 | 271,000 | 114,000 | 431,000 | 210,000 | 445,000 | 153,000 | 15,185,000 | 99,000 | 438,000 | 36,000 | 55,000 | 129,000 | -67,000 | 92,000 | 8,000 | 131,000 | 16,000 | 164,000 | 135,000 | 119,000 | 34,000 | 36,000 | 77,000 | 89,000 | ||||||||||||||||||||||||
purchases of investments | -76,921,000 | -276,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from maturities of investments | 121,690,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired | 0 | 0 | 0 | -2,000,000 | 0 | 0 | 0 | -15,115,000 | -104,692,000 | -1,000 | -9,889,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash outflow from divestiture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 27,674,000 | -31,388,000 | 12,870,000 | -274,386,000 | 162,635,000 | 284,908,000 | 23,736,000 | -74,558,000 | -72,455,000 | 5,477,000 | -96,018,000 | -110,513,000 | 127,244,000 | 277,751,000 | 2,470,000 | -111,458,000 | -21,181,000 | -222,949,000 | -60,694,000 | -3,496,000 | -60,874,000 | 104,550,000 | -139,754,000 | -28,738,000 | -4,979,000 | -83,106,000 | -23,152,000 | -146,131,000 | -188,547,000 | -188,878,000 | -39,443,000 | -77,489,000 | -138,020,000 | 24,330,000 | 20,374,000 | -107,504,000 | -29,279,000 | -92,941,000 | -44,684,000 | -126,144,000 | -18,084,000 | -18,545,000 | -18,794,000 | -15,841,000 | -28,754,000 | -34,180,000 | -11,305,000 | -22,642,000 | -13,999,000 | -16,408,000 | -22,837,000 | -17,085,000 | -17,854,000 | -13,689,000 | -6,629,000 | -44,088,000 | -11,887,000 | -13,236,000 | -9,888,000 | -14,421,000 | -5,446,000 | -7,172,000 | -5,520,000 | -1,117,000 | -1,742,000 | -3,116,000 | -4,664,000 | -8,584,000 | -10,329,000 | -6,286,000 | -8,453,000 | -15,162,000 | -8,952,000 | -10,570,000 | -7,194,000 | |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on long-term borrowings | 0 | 0 | -15,733,000 | -298,000 | -297,000 | -15,897,000 | -968,000 | -964,000 | -959,000 | -955,000 | -950,000 | -946,000 | -942,000 | -936,000 | -934,000 | -928,000 | -924,000 | -920,000 | -916,000 | -911,000 | -908,000 | -902,000 | -899,000 | -895,000 | -891,000 | -691,000 | -17,463,000 | -797,000 | -797,000 | -797,000 | -500,000 | -500,000 | -500,000 | -500,000 | -11,500,000 | -833,000 | -667,000 | -333,000 | -334,000 | -333,000 | -334,000 | -333,000 | -546,000 | -1,640,000 | -269,000 | -372,000 | -1,116,000 | -360,000 | -386,000 | -380,000 | -333,000 | -333,000 | -334,000 | -333,000 | -333,000 | -334,000 | -333,000 | -344,000 | -341,000 | -356,000 | 0 | 0 | 0 | -18,177,000 | ||||||||||||
payments for taxes related to net share settlement of equity awards less proceeds from issuance of common stock under employee stock option and purchase plans | 3,256,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock, at cost including excise tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -3,273,000 | -16,462,000 | -28,787,000 | -5,670,000 | -55,012,000 | -74,381,000 | -119,454,000 | -90,774,000 | -60,389,000 | -46,198,000 | -12,557,000 | -117,236,000 | -113,688,000 | -89,411,000 | -231,005,000 | -80,445,000 | -52,947,000 | -36,435,000 | -34,047,000 | -1,637,000 | 15,485,000 | -2,094,000 | -2,679,000 | -20,792,000 | -10,043,000 | -22,881,000 | 2,917,000 | -7,060,000 | -64,518,000 | -59,902,000 | -24,374,000 | -17,853,000 | -8,609,000 | 30,654,000 | -21,681,000 | -3,736,000 | 3,301,000 | -3,859,000 | 30,370,000 | 3,039,000 | 4,166,000 | -925,000 | -4,348,000 | 6,477,000 | 6,888,000 | 38,000 | 3,732,000 | 871,000 | 10,725,000 | 1,697,000 | -6,299,000 | 8,026,000 | -34,115,000 | 5,155,000 | -60,652,000 | 171,699,000 | 372,000 | 1,825,000 | 25,552,000 | 4,136,000 | 33,632,000 | 3,023,000 | 69,000 | 1,040,000 | -8,435,000 | -14,923,000 | 1,510,000 | 9,568,000 | 5,646,000 | -3,155,000 | 6,344,000 | 3,651,000 | -3,069,000 | 5,428,000 | 10,725,000 | -19,871,000 |
effect of changes in exchange rates on cash and cash equivalents | 4,554,000 | -614,000 | 14,271,000 | 9,617,000 | -20,056,000 | 9,019,000 | 5,176,000 | -5,780,000 | -12,112,000 | -7,652,000 | -1,098,000 | -5,649,000 | 7,563,000 | -47,977,000 | 16,866,000 | 7,186,000 | 15,774,000 | 25,402,000 | 6,465,000 | -16,787,000 | 3,683,000 | -5,116,000 | 8,812,000 | -8,670,000 | 5,520,000 | 3,525,000 | -20,367,000 | -12,433,000 | -14,410,000 | -213,000 | -1,124,000 | 3,932,000 | 4,486,000 | 863,000 | -2,188,000 | 3,913,000 | 1,640,000 | -8,602,000 | 4,762,000 | -3,992,000 | -10,551,000 | 1,532,000 | 5,248,000 | -2,006,000 | 2,429,000 | -2,211,000 | -1,909,000 | -550,000 | 1,014,000 | 1,783,000 | -2,096,000 | 237,000 | -481,000 | -119,000 | 169,000 | 290,000 | 80,000 | -6,000 | -51,000 | |||||||||||||||||
net increase in cash and cash equivalents | 57,764,000 | -13,158,000 | -263,831,000 | 163,331,000 | -44,787,000 | -103,248,000 | -169,186,000 | -152,331,000 | 59,223,000 | 29,633,000 | 72,156,000 | 110,333,000 | 73,923,000 | -21,703,000 | 58,272,000 | -26,406,000 | 31,160,000 | -68,688,000 | 79,712,000 | 30,034,000 | 19,324,000 | 34,632,000 | 4,086,000 | 2,823,000 | 31,833,000 | 50,421,000 | 28,871,000 | 13,769,000 | -28,338,000 | 11,484,000 | 26,991,000 | -31,493,000 | 196,837,000 | -16,352,000 | 8,390,000 | 27,578,000 | 12,758,000 | 5,975,000 | 6,248,000 | 1,487,000 | 6,611,000 | -1,759,000 | 6,467,000 | 20,318,000 | 6,944,000 | -587,000 | 6,228,000 | 726,000 | -6,778,000 | -1,959,000 | -2,420,000 | -26,538,000 | ||||||||||||||||||||||||
cash and cash equivalents — beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 90,000 | 128,000 | 3,000 | 5,000 | 182,000 | 1,000 | 90,000 | 4,000 | 174,000 | 163,000 | 422,000 | 525,000 | 448,000 | 1,166,000 | 743,000 | 857,000 | 782,000 | 544,000 | 685,000 | 703,000 | 584,000 | 589,000 | 614,000 | 447,000 | 1,028,000 | 491,000 | 415,000 | 749,000 | 650,000 | 730,000 | 873,000 | 799,000 | 618,000 | 990,000 | 528,000 | 447,000 | 319,000 | 274,000 | 178,000 | 171,000 | 185,000 | 155,000 | 240,000 | 293,000 | -49,000 | 79,000 | 121,000 | 102,000 | 18,000 | 25,000 | 77,000 | 88,000 | 311,000 | 142,000 | 160,000 | 251,000 | 280,000 | 295,000 | 259,000 | 255,000 | 241,000 | 242,000 | 234,000 | 281,000 | 298,000 | 369,000 | 391,000 | 403,000 | 461,000 | 468,000 | 741,000 | 108,000 | 188,000 | 203,000 | ||
cash paid for income taxes | 12,750,000 | 11,340,000 | 22,344,000 | 10,574,000 | 1,727,000 | 4,740,000 | 26,160,000 | 8,005,000 | 7,915,000 | -3,177,000 | 38,975,000 | 19,203,000 | 29,429,000 | 22,056,000 | 36,292,000 | 25,423,000 | 27,016,000 | -5,827,000 | 20,469,000 | 21,340,000 | 19,966,000 | 12,225,000 | 23,805,000 | 29,865,000 | 19,779,000 | 23,317,000 | 22,417,000 | 51,438,000 | 17,961,000 | 30,306,000 | 44,949,000 | 19,546,000 | 36,899,000 | 37,704,000 | 49,585,000 | 31,371,000 | 34,425,000 | 26,061,000 | 54,523,000 | 11,955,000 | 25,953,000 | 20,648,000 | 32,839,000 | 11,889,000 | 16,814,000 | 15,205,000 | 20,632,000 | 20,893,000 | 15,504,000 | 12,799,000 | 13,495,000 | 47,813,000 | 6,521,000 | 7,691,000 | 6,755,000 | |||||||||||||||||||||
cash paid for excise tax on net share repurchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash transactions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
demonstration units transferred from inventory to other assets | 2,792,000 | 1,713,000 | 2,342,000 | 1,532,000 | 2,336,000 | 1,386,000 | 1,262,000 | 1,736,000 | 1,532,000 | 1,135,000 | 1,238,000 | 1,499,000 | 1,658,000 | 1,316,000 | 1,287,000 | 917,000 | 1,484,000 | 1,541,000 | 1,595,000 | 1,109,000 | 1,393,000 | 2,445,000 | 3,193,000 | 1,086,000 | 1,475,000 | 2,320,000 | 3,388,000 | 3,184,000 | 2,483,000 | 2,067,000 | 1,274,000 | 446,000 | 824,000 | 1,445,000 | 1,043,000 | 802,000 | 3,377,000 | 1,170,000 | 1,123,000 | 623,000 | 1,186,000 | 516,000 | 845,000 | 634,000 | 879,000 | 1,331,000 | 708,000 | 610,000 | 742,000 | 775,000 | 1,785,000 | 625,000 | 533,000 | 916,000 | 656,000 | 526,000 | 1,599,000 | 894,000 | 502,000 | 789,000 | 158,000 | 810,000 | ||||||||||||||
inventory transferred to machinery and equipment | 1,096,000 | 625,000 | 326,000 | 644,000 | 1,342,000 | 902,000 | 552,000 | 484,000 | 2,285,000 | -554,000 | 675,000 | 984,000 | 780,000 | 612,000 | 626,000 | 727,000 | 434,000 | 634,000 | 1,294,000 | 1,806,000 | 4,938,000 | 1,506,000 | -2,886,000 | 3,382,000 | 1,618,000 | 2,556,000 | 480,000 | 1,051,000 | 2,927,000 | 768,000 | 361,000 | 1,299,000 | 788,000 | 284,000 | 273,000 | 313,000 | 717,000 | |||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment included in accounts payable | 2,147,000 | 285,000 | -1,125,000 | 2,462,000 | 2,934,000 | 2,226,000 | -897,000 | 1,708,000 | 1,559,000 | 480,000 | 326,000 | 528,000 | -584,000 | -143,000 | 549,000 | -875,000 | 750,000 | -332,000 | 1,541,000 | 1,453,000 | 74,000 | -510,000 | 1,115,000 | 1,526,000 | 8,000 | -1,310,000 | 1,847,000 | -298,000 | 237,000 | 420,000 | 125,000 | -123,000 | 244,000 | 167,000 | 119,000 | 50,000 | -310,000 | -5,000 | 365,000 | 235,000 | 710,000 | -313,000 | 584,000 | |||||||||||||||||||||||||||||||||
leased assets obtained in exchange for new operating lease liabilities | 1,267,000 | 1,752,000 | 1,506,000 | 2,979,000 | 3,118,000 | 332,000 | 327,000 | 2,418,000 | 2,404,000 | 1,265,000 | 331,000 | 457,000 | 1,329,000 | 540,000 | 1,468,000 | 4,229,000 | 4,989,000 | 1,242,000 | 849,000 | 409,000 | 1,271,000 | 1,324,000 | 610,000 | 830,000 | 2,726,000 | 1,246,000 | 4,343,000 | 6,355,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
excise tax on net share repurchases accrued in period | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss from divestiture and sale of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities that provided (used) cash, net of acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | -3,073,000 | -2,429,000 | -6,087,000 | 2,642,000 | 200,000 | -7,343,000 | 9,976,000 | -5,061,000 | -10,419,000 | 1,662,000 | 1,870,000 | 3,052,000 | -6,636,000 | -1,135,000 | -1,052,000 | 128,000 | 6,926,000 | -9,119,000 | 2,471,000 | 7,332,000 | 1,284,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | -4,812,000 | 10,753,000 | -6,965,000 | -612,000 | -8,478,000 | -2,035,000 | -26,230,000 | -5,047,000 | -11,910,000 | -8,616,000 | -19,120,000 | -3,220,000 | -4,485,000 | -4,394,000 | -31,448,000 | 16,752,000 | 7,368,000 | 18,556,000 | -17,961,000 | 2,740,000 | -1,902,000 | -9,113,000 | -6,477,000 | -11,197,000 | -16,793,000 | 954,000 | -10,274,000 | 429,000 | -2,235,000 | -8,351,000 | -9,509,000 | 7,803,000 | -293,000 | 2,761,000 | -659,000 | 1,632,000 | 8,189,000 | 4,037,000 | -8,378,000 | -3,043,000 | 6,053,000 | 377,000 | -2,774,000 | -4,220,000 | 2,823,000 | -4,104,000 | 3,934,000 | -3,015,000 | 3,614,000 | 1,778,000 | -2,658,000 | -6,874,000 | 2,641,000 | 2,461,000 | -6,383,000 | -4,338,000 | 220,000 | 3,282,000 | -5,975,000 | 6,157,000 | 2,725,000 | 9,603,000 | 3,634,000 | -832,000 | 1,166,000 | 291,000 | -697,000 | -2,618,000 | 2,644,000 | 319,000 | -649,000 | -4,604,000 | 1,988,000 | -89,000 | -184,000 | |
purchase of treasury stock net of excise tax, at cost | -16,399,000 | -30,309,000 | 105,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — beginning of period | 0 | 0 | 620,040,000 | 0 | 0 | 514,674,000 | 0 | 0 | 698,209,000 | 0 | 0 | 0 | 544,358,000 | 0 | 0 | 0 | 909,900,000 | 0 | 0 | 0 | 623,855,000 | 0 | 0 | 0 | 582,532,000 | 0 | 0 | 0 | 522,150,000 | 0 | 0 | 0 | 448,776,000 | 0 | 0 | 0 | 384,053,000 | 0 | 0 | 0 | 0 | 0 | 147,860,000 | 0 | 0 | 0 | 82,920,000 | 0 | 0 | 51,283,000 | 0 | 0 | 0 | 37,972,000 | 0 | 0 | 0 | 75,667,000 | ||||||||||||||||||
cash and cash equivalents — end of period | -13,158,000 | -3,862,000 | 363,046,000 | 163,331,000 | 224,088,000 | 496,452,000 | -44,787,000 | 51,934,000 | 521,137,000 | 97,486,000 | 129,271,000 | 642,517,000 | 40,705,000 | -142,542,000 | 896,741,000 | -103,248,000 | -169,186,000 | -152,331,000 | 969,123,000 | 29,633,000 | 72,156,000 | 110,333,000 | 697,778,000 | -21,703,000 | 58,272,000 | -26,406,000 | 613,692,000 | -68,688,000 | 79,712,000 | 30,034,000 | 541,474,000 | 34,632,000 | 4,086,000 | 2,823,000 | 480,609,000 | 50,421,000 | 28,871,000 | 13,769,000 | 355,715,000 | 11,484,000 | 26,991,000 | -16,352,000 | 8,390,000 | 27,578,000 | 160,618,000 | 51,230,000 | 5,975,000 | 6,248,000 | 84,407,000 | 6,611,000 | -1,759,000 | 6,467,000 | 71,601,000 | 6,944,000 | -587,000 | 6,228,000 | 38,698,000 | -6,778,000 | -1,959,000 | -2,420,000 | 49,129,000 | |||||||||||||||
purchases of short-term investments | -246,805,000 | -333,009,000 | -289,975,000 | -121,635,000 | -75,020,000 | -226,521,000 | -334,408,000 | -315,108,000 | -239,527,000 | -343,820,000 | -202,424,000 | -330,770,000 | -108,393,000 | -475,435,000 | -503,412,000 | -423,160,000 | -500,469,000 | -513,564,000 | -70,777,000 | -65,247,000 | -75,341,000 | -43,071,000 | -28,173,000 | -120,134,000 | -117,163,000 | -32,312,000 | -29,899,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term investments | 274,653,000 | 83,206,000 | 332,221,000 | 381,103,000 | 252,890,000 | 239,965,000 | 270,380,000 | 279,499,000 | 90,472,000 | 430,226,000 | 419,839,000 | 505,818,000 | 421,092,000 | 441,422,000 | 304,860,000 | 480,163,000 | 401,408,000 | 274,904,000 | 236,888,000 | 186,024,000 | 199,577,000 | 233,821,000 | 131,824,000 | 202,856,000 | 85,801,000 | 70,370,000 | 40,000,000 | 117,088,000 | 31,720,000 | 10,000,000 | -1,000 | 9,765,000 | 8,686,000 | 7,001,000 | ||||||||||||||||||||||||||||||||||||||||||
payments for taxes related to net share settlement of equity awards less proceeds from issuance of common stock under employee stock options | 1,522,000 | -5,775,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -256,994,000 | -18,222,000 | -177,072,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (outflow) inflow from divestiture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used in) by investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards | 2,325,000 | 78,000 | 2,950,000 | -1,158,000 | 3,579,000 | 299,000 | 3,113,000 | -3,844,000 | 3,230,000 | 265,000 | 2,812,000 | -724,000 | 4,831,000 | 860,000 | 5,586,000 | 4,981,000 | 16,427,000 | 8,496,000 | 13,769,000 | -5,498,000 | 5,692,000 | 1,676,000 | 6,117,000 | -6,149,000 | 68,000 | 1,484,000 | 7,518,000 | 3,113,000 | 5,358,000 | 6,144,000 | ||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock, at cost | -57,337,000 | -74,459,000 | -122,404,000 | -89,616,000 | -63,968,000 | -46,497,000 | 63,000 | -113,094,000 | -116,621,000 | -71,279,000 | -232,849,000 | -78,757,000 | -56,818,000 | -36,340,000 | -38,683,000 | -3,048,000 | 0 | -9,654,000 | -15,514,000 | -12,716,000 | -14,811,000 | -23,637,000 | -64,139,000 | -60,862,000 | -30,993,000 | -20,071,000 | -13,076,000 | -2,799,000 | -11,573,000 | -12,539,000 | -5,463,000 | |||||||||||||||||||||||||||||||||||||||||||||
purchase of non-controlling interests | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets and restructuring charges (recoveries) | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on foreign currency transactions | 369,000 | 221,000 | -708,000 | -1,877,000 | -2,393,000 | -2,585,000 | 6,072,000 | -7,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory transferred to (from) machinery and equipment | 498,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture and sales of asset | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from divestiture, net of cash sold | 800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of purchase price holdback from business combination | -1,000 | 0 | 0 | -2,624,000 | 0 | 0 | 0 | -1,650,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of changes in exchange rates on cash, cash equivalents and restricted cash | 11,513,000 | -16,212,000 | 3,787,000 | -5,036,000 | -5,938,000 | -3,645,000 | -1,193,000 | -7,024,000 | 15,196,000 | 9,215,000 | 2,355,000 | -6,878,000 | 8,708,000 | -13,802,000 | 3,238,000 | -5,997,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash — beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, and cash equivalents — end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on divestiture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in accounts payable related to property, plant and equipment | 80,000 | 1,109,000 | -916,000 | 1,897,000 | 738,000 | -646,000 | -645,000 | 1,045,000 | -447,000 | 863,000 | -1,323,000 | -1,049,000 | -4,686,000 | 6,983,000 | -1,417,000 | 762,000 | 142,000 | 1,817,000 | 485,000 | -1,654,000 | 1,613,000 | -3,296,000 | 1,609,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | -171,065,000 | 97,486,000 | 129,271,000 | -66,588,000 | -85,799,000 | 40,705,000 | -142,542,000 | 18,188,000 | 112,503,000 | 16,008,000 | 177,701,000 | -110,643,000 | 99,866,000 | 7,446,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment transferred from inventory | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets and other restructuring charges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash — beginning of period | 0 | 0 | 709,105,000 | 0 | 0 | 878,553,000 | 0 | 0 | 682,984,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash (used) provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment | -11,456,000 | -22,586,000 | -14,070,000 | -16,517,000 | -17,746,000 | -16,469,000 | -8,599,000 | -10,597,000 | -7,262,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line-of-credit facilities | 0 | 0 | 0 | 0 | 255,000 | 0 | 0 | 4,827,000 | 1,934,000 | 1,962,000 | 2,028,000 | 1,788,000 | 2,214,000 | 5,381,000 | -1,926,000 | 5,816,000 | 3,616,000 | 7,231,000 | 10,675,000 | 4,487,000 | 10,889,000 | 2,719,000 | 2,153,000 | 3,074,000 | 8,897,000 | 3,113,000 | 2,698,000 | 1,922,000 | 5,027,000 | 1,990,000 | 1,732,000 | 3,322,000 | 3,629,000 | 4,681,000 | 3,604,000 | 1,269,000 | 4,274,000 | 1,663,000 | 891,000 | 2,974,000 | 13,528,000 | 8,644,000 | 6,922,000 | 8,201,000 | 5,926,000 | 9,499,000 | 6,745,000 | 14,246,000 | 6,052,000 | |||||||||||||||||||||||||||
payments on line-of-credit facilities | 0 | 0 | 0 | 0 | -255,000 | 0 | 0 | -4,827,000 | -1,934,000 | -1,962,000 | -2,028,000 | -1,779,000 | -2,223,000 | -5,447,000 | 429,000 | -4,721,000 | -5,488,000 | -6,787,000 | -10,925,000 | -4,050,000 | -11,861,000 | -971,000 | -2,428,000 | -11,176,000 | -1,415,000 | -5,585,000 | -1,913,000 | -7,359,000 | -2,333,000 | -2,532,000 | -1,281,000 | -2,773,000 | -4,044,000 | -2,457,000 | -5,596,000 | -1,921,000 | -3,112,000 | -11,072,000 | -17,063,000 | -1,418,000 | -3,298,000 | -5,254,000 | -10,641,000 | -3,456,000 | -2,585,000 | -13,970,000 | -2,181,000 | -4,349,000 | -7,769,000 | |||||||||||||||||||||||||||
cash, cash equivalents and restricted cash — end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on foreign currency transactions | -248,000 | 2,659,000 | -3,746,000 | -563,000 | 2,078,000 | -2,297,000 | -106,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short and long-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash contributed by non-controlling interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term and long-term investments | -311,408,000 | -113,126,000 | -308,195,000 | -217,846,000 | -161,727,000 | -178,101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash — end of period | 16,008,000 | 177,701,000 | 572,341,000 | 99,866,000 | 50,141,000 | -18,827,000 | 551,804,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on long-term borrowings | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for inventory, warranty & bad debt | 16,051,000 | 12,785,000 | 9,912,000 | 10,490,000 | 10,774,000 | 9,318,000 | 11,936,000 | 13,752,000 | 9,002,000 | 13,047,000 | 11,532,000 | 8,927,000 | 10,610,000 | 10,787,000 | 8,017,000 | 8,130,000 | 7,699,000 | 6,923,000 | 5,284,000 | 11,772,000 | 7,948,000 | 6,550,000 | 3,705,000 | 6,260,000 | 4,703,000 | 3,799,000 | 4,803,000 | 3,250,000 | 3,806,000 | 483,000 | ||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities that (used) provided cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash contributed by non-controlling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash contributed by noncontrolling interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interests | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales and maturities of investments | 124,728,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash contributed by noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gains) losses on foreign currency transactions | -1,991,000 | 3,462,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of short-term investments | 70,161,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of businesses, net of cash acquired | 0 | 0 | 0 | -4,958,000 | 0 | -300,000 | 0 | 0 | -450,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(reductions) additions to property, plant and equipment included in accounts payable | -582,000 | -1,310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options and shares withheld to cover employee restricted stock taxes | 9,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from exercise of employee stock options | -904,000 | -1,089,000 | -157,000 | -892,000 | -4,773,000 | -3,283,000 | -270,000 | -861,000 | -1,565,000 | -5,264,000 | -1,254,000 | -892,000 | -1,464,000 | -809,000 | -2,775,000 | -47,000 | -1,048,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of businesses | 0 | 0 | 0 | -5,555,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options and issuances under employee stock purchase plan | 6,997,000 | 607,000 | 5,935,000 | 2,644,000 | 3,643,000 | 915,000 | 5,165,000 | 4,409,000 | 3,828,000 | 351,000 | 2,768,000 | 611,000 | 4,047,000 | 1,051,000 | 1,457,000 | 720,000 | 1,205,000 | 2,026,000 | 1,500,000 | 749,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property purchase financed with debt | -20,000 | 2,000 | 172,000 | 1,679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from exercise of equity instruments | 186,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reductions to property, plant and equipment included in accounts payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses (gains) on foreign currency transactions | -2,562,000 | 4,802,000 | 1,513,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gains on foreign currency transactions | -870,000 | -1,355,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gains on cash and cash equivalents and unrealized gains on foreign currency transactions | -481,000 | 2,003,000 | -5,415,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gains) losses on unrealized foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of redeemable noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from follow-on public offering, net of offering expenses | -35,000 | -59,000 | -246,000 | 168,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to shareholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of property, plant and equipment offset by related notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gain) loss on foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities that provided (used) cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on foreign currency transactions | 1,563,000 | -733,000 | -193,000 | 744,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts related to acquisition of businesses included in accounts payable and accrued expenses and other long-term liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gains) losses on foreign currency transactions | -481,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses (gains) on foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase) sale of redeemable nci | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | 6,040,000 | 8,865,000 | 1,054,000 | 2,859,000 | 2,059,000 | 1,445,000 | 334,000 | -464,000 | 2,264,000 | 2,795,000 | 2,827,000 | 3,898,000 | 2,111,000 | 2,915,000 | -721,000 | 3,569,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts related to acquisition of businesses included in accounts payable and accrued expenses and other liabilities | 0 | 0 | 882,000 | 0 | -358,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on foreign currency transactions | 1,747,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of redeemable noncontrolling interests | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of warrant | -84,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant and equipment and intangible assets | -22,187,000 | -13,779,000 | -18,257,000 | -11,964,000 | -13,199,000 | -9,587,000 | -14,173,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase) sale of redeemable noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of noncontrolling interests | -700,000 | 0 | -53,000 | -455,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | 180,234,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | 377,071,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of nci | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of redeemable nci | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options, issuances under employee stock purchase plan and related tax benefit from exercise | -6,733,000 | 1,754,000 | 5,363,000 | 4,884,000 | 5,448,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts related to acquisition of businesses included in accounts payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of nci in exchange for common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory contributed to unconsolidated affiliate | 1,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | 0 | 0 | 1,000,000 | 4,450,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term borrowings | -3,000 | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options, issuances under employee stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase plan and related tax benefit from exercise | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net provided by in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principle payments on long-term borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interests in exchange for common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant, equipment and intangible assets | -3,748,000 | -4,953,000 | -1,854,000 | -3,040,000 | -4,686,000 | -9,164,000 | -7,363,000 | -12,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of noncontrolling interests in exchange for common stock | 0 | 836,000 | 2,191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of business, net of cash acquired | -748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options and related tax benefit from exercise | 211,000 | 1,296,000 | 1,644,000 | 340,000 | 137,000 | 994,000 | 1,055,000 | 310,000 | 841,000 | 828,000 | 23,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts related to acquisition of business included in accounts payable and accrued expenses and other liabilities | 789,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss (gains) on foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for inventory, warranty and bad debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income and other taxes payable, net of excess tax benefit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant, and equipment and intangibles | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property, plant, and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory contributed as investment in affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interest in consolidated subsidiaries in exchange for common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on foreign currency transactions | 62,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment contributed as investment in affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value adjustment to series b warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests in consolidated subsidiaries | 395,000 | 589,000 | 469,000 | 346,000 | 346,000 | 1,259,000 | 216,000 | 372,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from affiliates — net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of convertible supplier note | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of minority interests in consolidated subsidiaries | -814,000 | -260,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee and stockholder loans repaid | 77,000 | 39,000 | 6,000 | 11,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits related to employee stock options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of series b warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of offering expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of minority interest in consolidated subsidiaries in exchange for common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
beneficial conversion feature embedded in series b preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of series a and series b preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of subordinated notes upon conversion of series b preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchange of ip fibre devices credit facility for stockholder note | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes related to realized and unrealized gains from foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property, plant and equipment | 19,000 | 0 | 20,000 | 0 | 21,000 | 57,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee and stockholder loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of note due from stockholder | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of minority interest in consolidated subsidiaries in exchange for equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes related to unrealized (gains) losses on foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from inventory, warranty and bad debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property, plant, and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash released to support construction loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of employee stock options and related tax benefits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest capital contribution | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes related to realized and unrealized (gains) losses on foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction costs related to initial public offering | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes related to realized and unrealized (gains)losses on foreign currency transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest accretion of convertible note | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of investment and fixed assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory provisions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-for-stock swap on options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of series a preferred stock and series b preferred stock |