◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

COGNEX CORP CIK: 851205 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001193125-13-182039
Period End Date 20130331
Filing Date 20130429
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance cgnx-20130331.xml
Balance Sheet 64 line items
Line Item Tag Value Unit Period
Reserves for accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $1.10M USD Point-in-time
Reserves for accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $1.13M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $41.56M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 140.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $45.16M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 140.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $42.76M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $38.10M USD Point-in-time
Short-term investments AvailableForSaleSecuritiesDebtSecuritiesCurrent $125.41M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 43.45M shares Point-in-time
Short-term investments AvailableForSaleSecuritiesDebtSecuritiesCurrent $105.11M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 43.05M shares Point-in-time
Accounts receivable, less reserves of $1,100 and $1,131 in 2013 and 2012, respectively AccountsReceivableNetCurrent $42.78M USD Point-in-time
Accounts receivable, less reserves of $1,100 and $1,131 in 2013 and 2012, respectively AccountsReceivableNetCurrent $42.39M USD Point-in-time
Inventories InventoryNet $26.18M USD Point-in-time
Inventories InventoryNet $26.06M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $6.37M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetCurrent $6.33M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $13.77M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $14.39M USD Point-in-time
Total current assets AssetsCurrent $257.10M USD Point-in-time
Total current assets AssetsCurrent $239.60M USD Point-in-time
Long-term investments LongTermInvestments $245.48M USD Point-in-time
Long-term investments LongTermInvestments $238.25M USD Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $34.65M USD Point-in-time
Property, plant, and equipment, net PropertyPlantAndEquipmentNet $34.82M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $17.27M USD Point-in-time
Deferred income taxes DeferredTaxAssetsNetNoncurrent $15.65M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $14.77M USD Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $13.81M USD Point-in-time
Goodwill Goodwill $81.69M USD Point-in-time
Goodwill Goodwill $81.69M USD Point-in-time
Other assets OtherAssetsNoncurrent $2.53M USD Point-in-time
Other assets OtherAssetsNoncurrent $2.83M USD Point-in-time
Total assets Assets $652.53M USD Point-in-time
Total assets Assets $627.61M USD Point-in-time
Accounts payable AccountsPayableCurrent $6.82M USD Point-in-time
Accounts payable AccountsPayableCurrent $6.82M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $29.59M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $24.26M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $1.01M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $2.22M USD Point-in-time
Deferred revenue and customer deposits DeferredRevenueAndCreditsCurrent $13.82M USD Point-in-time
Deferred revenue and customer deposits DeferredRevenueAndCreditsCurrent $12.69M USD Point-in-time
Total current liabilities LiabilitiesCurrent $50.10M USD Point-in-time
Total current liabilities LiabilitiesCurrent $47.11M USD Point-in-time
Reserve for income taxes LiabilityForUncertainTaxPositionsNoncurrent $5.96M USD Point-in-time
Reserve for income taxes LiabilityForUncertainTaxPositionsNoncurrent $5.22M USD Point-in-time
Commitments and contingencies (Note 8) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 8) CommitmentsAndContingencies - USD Point-in-time
Common stock, $.002 par value - Authorized: 140,000 shares, issued: 43,452 and 43,055 shares in 2013 and 2012, respectively CommonStockValueOutstanding $87.00K USD Point-in-time
Common stock, $.002 par value - Authorized: 140,000 shares, issued: 43,452 and 43,055 shares in 2013 and 2012, respectively CommonStockValueOutstanding $86.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $165.25M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $179.19M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $436.47M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $452.05M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-31.87M USD Point-in-time
Accumulated other comprehensive loss, net of tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-29.52M USD Point-in-time
Total shareholders' equity StockholdersEquity $599.46M USD Point-in-time
Total shareholders' equity StockholdersEquity $572.28M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $652.53M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $627.61M USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Product SalesRevenueGoodsNet $74.67M USD 1 Quarter
Product SalesRevenueGoodsNet $71.41M USD 1 Quarter
Service SalesRevenueServicesNet $6.22M USD 1 Quarter
Service SalesRevenueServicesNet $6.30M USD 1 Quarter
Total revenue SalesRevenueNet $77.71M USD 1 Quarter
Total revenue SalesRevenueNet $80.89M USD 1 Quarter
Product CostOfGoodsSold $16.46M USD 1 Quarter
Product CostOfGoodsSold $15.56M USD 1 Quarter
Service CostOfServices $3.50M USD 1 Quarter
Service CostOfServices $2.96M USD 1 Quarter
Total cost of revenue CostOfGoodsAndServicesSold $19.42M USD 1 Quarter
Total cost of revenue CostOfGoodsAndServicesSold $19.06M USD 1 Quarter
Product GrossMarginProducts $55.85M USD 1 Quarter
Product GrossMarginProducts $58.21M USD 1 Quarter
Service GrossMarginServices $2.80M USD 1 Quarter
Service GrossMarginServices $3.26M USD 1 Quarter
Total gross margin GrossProfit $58.65M USD 1 Quarter
Total gross margin GrossProfit $61.47M USD 1 Quarter
Research, development, and engineering expenses ResearchAndDevelopmentExpense $10.36M USD 1 Quarter
Research, development, and engineering expenses ResearchAndDevelopmentExpense $11.32M USD 1 Quarter
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $32.17M USD 1 Quarter
Selling, general, and administrative expenses SellingGeneralAndAdministrativeExpense $30.55M USD 1 Quarter
Operating income OperatingIncomeLoss $17.74M USD 1 Quarter
Operating income OperatingIncomeLoss $17.98M USD 1 Quarter
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-638.00K USD 1 Quarter
Foreign currency gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $63.00K USD 1 Quarter
Investment income InvestmentIncomeNonoperating $972.00K USD 1 Quarter
Investment income InvestmentIncomeNonoperating $392.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $3.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $117.00K USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $18.55M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $18.08M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $2.97M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.80M USD 1 Quarter
Net income NetIncomeLoss $15.58M USD 1 Quarter
Net income NetIncomeLoss $14.28M USD 1 Quarter
Basic EarningsPerShareBasic $0.36 USD 1 Quarter
Basic EarningsPerShareBasic $0.34 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.35 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 43.26M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 42.57M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 43.59M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 44.13M shares 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid - USD 1 Quarter
Cash dividends per common share CommonStockDividendsPerShareCashPaid $0.10 USD 1 Quarter
Cash Flow Statement 47 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $15.58M USD 1 Quarter
Net income NetIncomeLoss $14.28M USD 1 Quarter
Stock-based compensation expense StockOptionPlanExpense $3.30M USD 1 Quarter
Stock-based compensation expense StockOptionPlanExpense $3.31M USD 1 Quarter
Depreciation of property, plant, and equipment Depreciation $1.55M USD 1 Quarter
Depreciation of property, plant, and equipment Depreciation $1.83M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $1.04M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $961.00K USD 1 Quarter
Amortization of discounts or premiums on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $-758.00K USD 1 Quarter
Amortization of discounts or premiums on investments AccretionAmortizationOfDiscountsAndPremiumsInvestments $-1.83M USD 1 Quarter
Realized gain on sale of investments GainLossOnSaleOfInvestments $94.00K USD 1 Quarter
Realized gain on sale of investments GainLossOnSaleOfInvestments $31.00K USD 1 Quarter
Tax effect of stock option exercises ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $2.84M USD 1 Quarter
Tax effect of stock option exercises ExcessTaxBenefitFromShareBasedCompensationOperatingActivities $1.38M USD 1 Quarter
Change in deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $179.00K USD 1 Quarter
Change in deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $1.37M USD 1 Quarter
Change in operating assets and liabilities IncreaseDecreaseInOperatingCapital $860.00K USD 1 Quarter
Change in operating assets and liabilities IncreaseDecreaseInOperatingCapital $6.06M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $18.79M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $12.85M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $56.72M USD 1 Quarter
Purchases of investments PaymentsToAcquireInvestments $76.69M USD 1 Quarter
Maturities and sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $48.25M USD 1 Quarter
Maturities and sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $37.19M USD 1 Quarter
Purchases of property, plant, and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.91M USD 1 Quarter
Purchases of property, plant, and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.49M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-30.35M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-22.02M USD 1 Quarter
Issuance of common stock under stock option plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $13.10M USD 1 Quarter
Issuance of common stock under stock option plans ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions $9.17M USD 1 Quarter
Payment of dividends PaymentsOfDividendsCommonStock $4.27M USD 1 Quarter
Tax effect of stock option exercises ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $2.84M USD 1 Quarter
Tax effect of stock option exercises ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $1.38M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $11.67M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $10.54M USD 1 Quarter
Effect of foreign exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $-1.38M USD 1 Quarter
Effect of foreign exchange rate changes on cash EffectOfExchangeRateOnCashAndCashEquivalents $951.00K USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-2.40M USD 1 Quarter
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $3.46M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $41.56M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $45.16M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $42.76M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $38.10M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $41.56M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $45.16M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $42.76M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $38.10M USD Point-in-time
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Tax effect of unrealized gain on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $42.00K USD 1 Quarter
Tax effect of unrealized gain on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $291.00K USD 1 Quarter
Tax benefit of foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax $227.00K USD 1 Quarter
Beginning Balance StockholdersEquity $599.46M USD Point-in-time
Beginning Balance StockholdersEquity $572.28M USD Point-in-time
Beginning Balance, Shares CommonStockSharesIssued 43.45M shares Point-in-time
Beginning Balance, Shares CommonStockSharesIssued 43.05M shares Point-in-time
Issuance of common stock under stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $9.17M USD 1 Quarter
Issuance of common stock under stock option plans, shares StockIssuedDuringPeriodSharesStockOptionsExercised 397,000.00 shares 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.30M USD 1 Quarter
Excess tax benefit from stock option exercises AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $1.38M USD 1 Quarter
Tax benefit for research and development credits as a result of stock option accounting AdjustmentToAdditionalPaidInCapitalTaxBenefitForResearchAndDevelopmentCreditsAsResultOfStockOptionAccounting $-103.00K USD 1 Quarter
Net income NetIncomeLoss $15.58M USD 1 Quarter
Net income NetIncomeLoss $14.28M USD 1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $42 OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $173.00K USD 1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $42 OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.31M USD 1 Quarter
Reclassification of net realized gain on the sale of available-for-sale investments OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax $31.00K USD 1 Quarter
Foreign currency translation adjustment, net of tax of $227 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.49M USD 1 Quarter
Foreign currency translation adjustment, net of tax of $227 OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $5.33M USD 1 Quarter
Ending Balance StockholdersEquity $599.46M USD Point-in-time
Ending Balance StockholdersEquity $572.28M USD Point-in-time
Ending Balance, Shares CommonStockSharesIssued 43.45M shares Point-in-time
Ending Balance, Shares CommonStockSharesIssued 43.05M shares Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $15.58M USD 1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $42.00K USD 1 Quarter
Net income NetIncomeLoss $14.28M USD 1 Quarter
Tax effect of unrealized gain (loss) on available-for-sale investments OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $291.00K USD 1 Quarter
Tax effect of foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-227.00K USD 1 Quarter
Tax effect of foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $206.00K USD 1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $42 and $291 in 2013 and 2012, respectively OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $173.00K USD 1 Quarter
Net unrealized gain on available-for-sale investments, net of tax of $42 and $291 in 2013 and 2012, respectively OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.31M USD 1 Quarter
Foreign currency translation adjustments, net of tax of ($227) and $206 in 2013 and 2012, respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.49M USD 1 Quarter
Foreign currency translation adjustments, net of tax of ($227) and $206 in 2013 and 2012, respectively OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $5.33M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $6.64M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-2.32M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $20.92M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $13.26M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...