10-Q Filing

PENUMBRA INC CIK: 1321732 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001321732-20-000117`
Period End Date	20200630
Filing Date	20200803
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	pen-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 71 Income Statement 74 Cash Flow Statement 77 Stockholders Equity 48 Comprehensive Income 32

Balance Sheet 71 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$2.95M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$2.08M	USD	Point-in-time
Accounts Receivable, Allowance for Credit Loss	`AllowanceForDoubtfulAccountsReceivable`	$2.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$134.38M	USD	Point-in-time
Marketable investments	`AvailableForSaleSecuritiesCurrent`	$143.91M	USD	Point-in-time
Marketable investments	`AvailableForSaleSecuritiesCurrent`	$116.61M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,076 and net of doubtful accounts of $2,946 at June 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$97.61M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,076 and net of doubtful accounts of $2,946 at June 30, 2020 and December 31, 2019, respectively	`AccountsReceivableNetCurrent`	$105.90M	USD	Point-in-time
Inventories	`InventoryNet`	$152.99M	USD	Point-in-time
Inventories	`InventoryNet`	$183.44M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$16.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$463.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$575.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.19M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$51.81M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$42.67M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$43.72M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$37.93M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$39.92M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$10.64M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$25.41M	USD	Point-in-time
Goodwill	`Goodwill`	$7.67M	USD	Point-in-time
Goodwill	`Goodwill`	$7.66M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$36.47M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxAssetsNet`	$31.30M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$2.95M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$6.74M	USD	Point-in-time
Total assets	`Assets`	$780.20M	USD	Point-in-time
Total assets	`Assets`	$665.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$15.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$14.43M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$57.72M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$67.63M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.45M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$4.14M	USD	Point-in-time
Current finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$4.17M	USD	Point-in-time
Current finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$1.02M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$77.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.05M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$45.92M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$47.24M	USD	Point-in-time
Non-current finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$26.20M	USD	Point-in-time
Non-current finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$26.75M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$15.25M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$7.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$157.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$180.29M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$36.00K	USD	Point-in-time
Common stock	`CommonStockValue`	$35.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$430.66M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$581.07M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.32M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$45.79M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$57.52M	USD	Point-in-time
Total Penumbra, Inc. stockholders equity	`StockholdersEquity`	$624.79M	USD	Point-in-time
Total Penumbra, Inc. stockholders equity	`StockholdersEquity`	$485.89M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-279.00K	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$-1.63M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$422.42M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$436.66M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$485.61M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$488.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.18M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$623.16M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$780.20M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$665.90M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$105.11M	USD	1 Quarter
Revenue	`Revenues`	$242.44M	USD	2 Qtrs
Revenue	`Revenues`	$134.20M	USD	1 Quarter
Revenue	`Revenues`	$262.64M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$40.18M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$40.27M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$89.50M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$84.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$93.93M	USD	1 Quarter
Gross profit	`GrossProfit`	$177.84M	USD	2 Qtrs
Gross profit	`GrossProfit`	$152.94M	USD	2 Qtrs
Gross profit	`GrossProfit`	$64.93M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$35.67M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$13.46M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$22.73M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$25.13M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$67.67M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$59.85M	USD	1 Quarter
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$128.76M	USD	2 Qtrs
Sales, general and administrative	`SellingGeneralAndAdministrativeExpense`	$134.31M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$81.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$153.88M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$169.98M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$82.58M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-17.04M	USD	2 Qtrs
(Loss) income from operations	`OperatingIncomeLoss`	$12.80M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$-17.65M	USD	1 Quarter
(Loss) income from operations	`OperatingIncomeLoss`	$23.95M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$1.52M	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$407.00K	USD	2 Qtrs
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$784.00K	USD	1 Quarter
Interest income, net	`InterestIncomeExpenseNonoperatingNet`	$108.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-47.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-71.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-1.14M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$511.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$25.42M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$13.51M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-17.78M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-17.03M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-2.73M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-5.76M	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-1.28M	USD	2 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-4.13M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$16.25M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$26.70M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$10.45M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$888.00K	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$-12.01M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$-12.90M	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-941.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.48M	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-583.00K	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-339.00K	USD	1 Quarter
Net (loss) income attributable to Penumbra, Inc.	`NetIncomeLoss`	$16.59M	USD	1 Quarter
Net (loss) income attributable to Penumbra, Inc.	`NetIncomeLoss`	$-11.96M	USD	1 Quarter
Net (loss) income attributable to Penumbra, Inc.	`NetIncomeLoss`	$-10.54M	USD	2 Qtrs
Net (loss) income attributable to Penumbra, Inc.	`NetIncomeLoss`	$27.29M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.79	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.30	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.34	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.30	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.46	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.34	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.69M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.22M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.60M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.22M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	36.21M	shares	2 Qtrs

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Consolidated net (loss) income	`ProfitLoss`	$16.25M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$26.70M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$10.45M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$888.00K	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$-12.01M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$-12.90M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$6.09M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.74M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.23M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$11.25M	USD	2 Qtrs
Inventory write-downs	`InventoryWriteDown`	$1.67M	USD	2 Qtrs
Inventory write-downs	`InventoryWriteDown`	$1.72M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.72M	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxesAndTaxCredits`	$-5.24M	USD	2 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	2 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$2.50M	USD	2 Qtrs
Impairment of intangible asset	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$2.50M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$603.00K	USD	2 Qtrs
Other	`OtherOperatingActivitiesCashFlowStatement`	$2.63M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$17.55M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.76M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$31.93M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$18.52M	USD	2 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.25M	USD	2 Qtrs
Prepaid expenses and other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.81M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$415.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.00K	USD	2 Qtrs
Accrued expenses and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-1.92M	USD	2 Qtrs
Accrued expenses and other non-current liabilities	`IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities`	$-5.10M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.61M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-165.00K	USD	2 Qtrs
Purchases of marketable investments	`PaymentsToAcquireAvailableForSaleSecurities`	$60.32M	USD	2 Qtrs
Purchases of marketable investments	`PaymentsToAcquireAvailableForSaleSecurities`	$29.55M	USD	2 Qtrs
Proceeds from sales of marketable investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$2.70M	USD	2 Qtrs
Proceeds from sales of marketable investments	`ProceedsFromSaleOfAvailableForSaleSecurities`	$7.19M	USD	2 Qtrs
Proceeds from maturities of marketable investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$50.80M	USD	2 Qtrs
Proceeds from maturities of marketable investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$27.54M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.21M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.85M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$2.06M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$16.74M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-44.51M	USD	2 Qtrs
Proceeds from issuance of common stock upon underwritten public offering, net of issuance cost	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common stock upon underwritten public offering, net of issuance cost	`ProceedsFromIssuanceOfCommonStock`	$134.76M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$1.19M	USD	2 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$2.27M	USD	2 Qtrs
Proceeds from issuance of stock under employee stock purchase plan	`ProceedsFromStockPlans`	$4.78M	USD	2 Qtrs
Proceeds from issuance of stock under employee stock purchase plan	`ProceedsFromStockPlans`	$5.95M	USD	2 Qtrs
Payment of employee taxes related to vested stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.38M	USD	2 Qtrs
Payment of employee taxes related to vested stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.87M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.98M	USD	2 Qtrs
Payments of finance lease obligations	`FinanceLeasePrincipalPayments`	-	USD	2 Qtrs
Payment of acquisition-related obligations	`PaymentsOfAssetAcquisitionandMergerRelatedCostsFinancingActivities`	$683.00K	USD	2 Qtrs
Payment of acquisition-related obligations	`PaymentsOfAssetAcquisitionandMergerRelatedCostsFinancingActivities`	$1.18M	USD	2 Qtrs
Proceeds from capital contribution from non-controlling interest	`ProceedsFromMinorityShareholders`	$500.00K	USD	2 Qtrs
Proceeds from capital contribution from non-controlling interest	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-248.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$134.11M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.02M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-148.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-393.00K	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$61.60M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.41M	USD	2 Qtrs
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.38M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.85M	USD	Point-in-time
CASH AND CASH EQUIVALENTSBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.26M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.38M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$72.78M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$67.85M	USD	Point-in-time
CASH AND CASH EQUIVALENTSEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.26M	USD	Point-in-time
Purchase of property and equipment funded through accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$1.29M	USD	2 Qtrs
Purchase of property and equipment funded through accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$666.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.11M	USD	2 Qtrs
Right-of-use assets obtained in exchange for lease obligations	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$830.00K	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$422.42M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$436.66M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$485.61M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$488.12M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.18M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$623.16M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$396.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$791.00K	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.07M	USD	1 Quarter
Issuance of common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.20M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.95M	USD	1 Quarter
Issuance of common stock under employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.78M	USD	1 Quarter
Issuance of common stock upon underwritten public offering, net of issuance cost	`StockIssuedDuringPeriodValueNewIssues`	$134.76M	USD	1 Quarter
Shares held for tax withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$11.28M	USD	1 Quarter
Shares held for tax withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	1 Quarter
Shares held for tax withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.10M	USD	1 Quarter
Shares held for tax withholdings	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.77M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.74M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.77M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.46M	USD	1 Quarter
Capital contribution from non-controlling interest	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$500.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$2.48M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-636.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.25M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$227.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$428.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.06M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$16.59M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-11.96M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.54M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$27.29M	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-941.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.48M	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-583.00K	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-339.00K	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$16.25M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$26.70M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$10.45M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$888.00K	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$-12.01M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$-12.90M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$422.42M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$436.66M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$485.61M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$488.12M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$454.18M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$623.16M	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Consolidated net (loss) income	`ProfitLoss`	$16.25M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$26.70M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$10.45M	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$888.00K	USD	1 Quarter
Consolidated net (loss) income	`ProfitLoss`	$-12.01M	USD	2 Qtrs
Consolidated net (loss) income	`ProfitLoss`	$-12.90M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-248.00K	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.35M	USD	1 Quarter
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-287.00K	USD	2 Qtrs
Foreign currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$850.00K	USD	1 Quarter
Net change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$514.00K	USD	2 Qtrs
Net change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$1.13M	USD	1 Quarter
Net change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$676.00K	USD	2 Qtrs
Net change in unrealized gains on available-for-sale securities, net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$214.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.48M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-636.00K	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.25M	USD	1 Quarter
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$227.00K	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$428.00K	USD	2 Qtrs
Total other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.06M	USD	1 Quarter
Consolidated comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.31M	USD	1 Quarter
Consolidated comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$27.13M	USD	2 Qtrs
Consolidated comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-10.42M	USD	1 Quarter
Consolidated comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.79M	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-941.00K	USD	1 Quarter
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.48M	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-583.00K	USD	2 Qtrs
Net loss attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-339.00K	USD	1 Quarter
Comprehensive (loss) income attributable to Penumbra, Inc.	`ComprehensiveIncomeNetOfTax`	$-10.31M	USD	2 Qtrs
Comprehensive (loss) income attributable to Penumbra, Inc.	`ComprehensiveIncomeNetOfTax`	$-9.48M	USD	1 Quarter
Comprehensive (loss) income attributable to Penumbra, Inc.	`ComprehensiveIncomeNetOfTax`	$27.71M	USD	2 Qtrs
Comprehensive (loss) income attributable to Penumbra, Inc.	`ComprehensiveIncomeNetOfTax`	$17.65M	USD	1 Quarter

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