10-Q Filing

SUPER MICRO COMPUTER, INC. CIK: 1375365 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001375365-24-000011`
Period End Date	20231231
Filing Date	20240202
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	smci-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 80 Cash Flow Statement 92 Stockholders Equity 39 Comprehensive Income 16

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$440.46M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$725.66M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $77 and $82 at December 31, 2023 and June 30, 2023, respectively (including accounts receivable from related parties of $3,859 and $5,473 at December 31, 2023 and June 30, 2023, respectively)	`AccountsReceivableNetCurrent`	$1.15B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $77 and $82 at December 31, 2023 and June 30, 2023, respectively (including accounts receivable from related parties of $3,859 and $5,473 at December 31, 2023 and June 30, 2023, respectively)	`AccountsReceivableNetCurrent`	$1.50B	USD	Point-in-time
Inventories	`InventoryNet`	$1.45B	USD	Point-in-time
Inventories	`InventoryNet`	$2.47B	USD	Point-in-time
Prepaid expenses and other current assets (including receivables from related parties of $34,293 and $27,732 at December 31, 2023 and June 30, 2023, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$146.73M	USD	Point-in-time
Prepaid expenses and other current assets (including receivables from related parties of $34,293 and $27,732 at December 31, 2023 and June 30, 2023, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$145.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.18B	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$82.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.84B	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivableCurrent`	$77.00K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$290.24M	USD	Point-in-time
Accounts receivable, after allowance for credit loss, current	`AccountsReceivableNetCurrent`	$1.15B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$297.10M	USD	Point-in-time
Accounts receivable, after allowance for credit loss, current	`AccountsReceivableNetCurrent`	$1.50B	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$162.65M	USD	Point-in-time
Prepaid expenses and other current assets (including receivables from related parties of $34,293 and $27,732 at December 31, 2023 and June 30, 2023, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$146.73M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$218.27M	USD	Point-in-time
Prepaid expenses and other current assets (including receivables from related parties of $34,293 and $27,732 at December 31, 2023 and June 30, 2023, respectively)	`PrepaidExpenseAndOtherAssetsCurrent`	$145.14M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$47.27M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$42.41M	USD	Point-in-time
Total assets	`Assets`	$3.67B	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableCurrent`	$776.83M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableCurrent`	$1.26B	USD	Point-in-time
Total assets	`Assets`	$5.41B	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesCurrent`	$214.46M	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesCurrent`	$163.87M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable (including amounts due to related parties of $101,700 and $89,134 at December 31, 2023 and June 30, 2023, respectively)	`AccountsPayableCurrent`	$776.83M	USD	Point-in-time
Accounts payable (including amounts due to related parties of $101,700 and $89,134 at December 31, 2023 and June 30, 2023, respectively)	`AccountsPayableCurrent`	$1.26B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Accrued liabilities (including amounts due to related parties of $18,509 and $14,017 at December 31, 2023 and June 30, 2023, respectively)	`AccruedLiabilitiesCurrent`	$214.46M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $18,509 and $14,017 at December 31, 2023 and June 30, 2023, respectively)	`AccruedLiabilitiesCurrent`	$163.87M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$46.45M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$129.17M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	55.92M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	52.90M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	55.92M	shares	Point-in-time
Short-term debt	`ShortTermDebtAndLongTermDebtCurrentMaturities`	$276.31M	USD	Point-in-time
Short-term debt	`ShortTermDebtAndLongTermDebtCurrentMaturities`	$170.12M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	52.90M	shares	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$134.67M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$193.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.99B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.37B	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$169.78M	USD	Point-in-time
Deferred revenue, non-current	`ContractWithCustomerLiabilityNoncurrent`	$190.34M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$120.18M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$99.32M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$46.17M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$37.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.70B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.33B	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value authorized shares: 100,000; issued and outstanding shares: 53,295 and 52,901 at december 31, 2023 and june 30, 2023, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$538.35M	USD	Point-in-time
Common stock and additional paid-in capital, $0.001 par value authorized shares: 100,000; issued and outstanding shares: 53,295 and 52,901 at december 31, 2023 and june 30, 2023, respectively	`CommonStocksIncludingAdditionalPaidInCapital`	$1.19B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$639.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$657.00K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.43B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.89B	USD	Point-in-time
Total Super Micro Computer, Inc. stockholders equity	`StockholdersEquity`	$3.08B	USD	Point-in-time
Total Super Micro Computer, Inc. stockholders equity	`StockholdersEquity`	$1.97B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$164.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$165.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.08B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.67B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$5.41B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net sales (including related party sales of $15,781 and $20,073 in the three months ended December 31, 2023 and 2022, respectively, and $33,177 and $45,126 in the six months ended December 31, 2023 and 2022, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.78B	USD	2 Qtrs
Net sales (including related party sales of $15,781 and $20,073 in the three months ended December 31, 2023 and 2022, respectively, and $33,177 and $45,126 in the six months ended December 31, 2023 and 2022, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	2 Qtrs
Net sales (including related party sales of $15,781 and $20,073 in the three months ended December 31, 2023 and 2022, respectively, and $33,177 and $45,126 in the six months ended December 31, 2023 and 2022, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.80B	USD	1 Quarter
Net sales (including related party sales of $15,781 and $20,073 in the three months ended December 31, 2023 and 2022, respectively, and $33,177 and $45,126 in the six months ended December 31, 2023 and 2022, respectively)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	1 Quarter
Cost of sales (including related party purchases of $112,445 and $98,743 in the three months ended December 31, 2023 and 2022, respectively, and $225,552 and $195,279 in the six months ended December 31, 2023 and 2022, respectively)	`CostOfRevenue`	$4.87B	USD	2 Qtrs
Cost of sales (including related party purchases of $112,445 and $98,743 in the three months ended December 31, 2023 and 2022, respectively, and $225,552 and $195,279 in the six months ended December 31, 2023 and 2022, respectively)	`CostOfRevenue`	$2.97B	USD	2 Qtrs
Cost of sales (including related party purchases of $112,445 and $98,743 in the three months ended December 31, 2023 and 2022, respectively, and $225,552 and $195,279 in the six months ended December 31, 2023 and 2022, respectively)	`CostOfRevenue`	$3.10B	USD	1 Quarter
Cost of sales (including related party purchases of $112,445 and $98,743 in the three months ended December 31, 2023 and 2022, respectively, and $225,552 and $195,279 in the six months ended December 31, 2023 and 2022, respectively)	`CostOfRevenue`	$1.47B	USD	1 Quarter
Gross profit	`GrossProfit`	$564.32M	USD	1 Quarter
Gross profit	`GrossProfit`	$337.42M	USD	1 Quarter
Gross profit	`GrossProfit`	$918.01M	USD	2 Qtrs
Gross profit	`GrossProfit`	$684.96M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$219.85M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$108.82M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$70.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$144.94M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$28.45M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.78B	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$84.08M	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$57.81M	USD	2 Qtrs
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	2 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$46.85M	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.80B	USD	1 Quarter
Net sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$4.87B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$2.97B	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$70.10M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$37.18M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$3.10B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$1.47B	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$46.90M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$192.86M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$122.24M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$374.04M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$249.65M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$215.18M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$371.46M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$435.31M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$543.97M	USD	2 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-7.89M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$1.72M	USD	2 Qtrs
Other (expense) income, net	`NonoperatingIncomeExpense`	$-6.33M	USD	1 Quarter
Other (expense) income, net	`NonoperatingIncomeExpense`	$-1.27M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.99M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.69M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.13M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.76M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$431.33M	USD	2 Qtrs
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$532.71M	USD	2 Qtrs
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$355.45M	USD	1 Quarter
Income before income tax provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$207.09M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$61.50M	USD	1 Quarter
Income tax provision	`IncomeTaxExpenseBenefit`	$68.51M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$81.72M	USD	2 Qtrs
Income tax provision	`IncomeTaxExpenseBenefit`	$29.57M	USD	1 Quarter
Share of income (loss) from equity investee, net of taxes	`IncomeLossFromEquityMethodInvestments`	$-1.35M	USD	1 Quarter
Share of income (loss) from equity investee, net of taxes	`IncomeLossFromEquityMethodInvestments`	$-2.24M	USD	2 Qtrs
Share of income (loss) from equity investee, net of taxes	`IncomeLossFromEquityMethodInvestments`	$2.02M	USD	1 Quarter
Share of income (loss) from equity investee, net of taxes	`IncomeLossFromEquityMethodInvestments`	$1.97M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$176.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$452.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$295.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$360.58M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.84	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.31	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$8.45	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.47	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.86	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.10	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.51	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.14	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.73M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.16M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	53.61M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	54.13M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.63M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.43M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	58.08M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.14M	shares	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$176.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$452.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$295.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$360.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.77M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.20M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$28.00M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$100.44M	USD	2 Qtrs
Share of (income) loss from equity investee	`IncomeLossFromEquityMethodInvestments`	$-1.35M	USD	1 Quarter
Share of (income) loss from equity investee	`IncomeLossFromEquityMethodInvestments`	$-2.24M	USD	2 Qtrs
Share of (income) loss from equity investee	`IncomeLossFromEquityMethodInvestments`	$2.02M	USD	1 Quarter
Share of (income) loss from equity investee	`IncomeLossFromEquityMethodInvestments`	$1.97M	USD	2 Qtrs
Changes in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$354.69M	USD	2 Qtrs
Foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.68M	USD	2 Qtrs
Foreign currency exchange loss (gain)	`ForeignCurrencyTransactionGainLossBeforeTax`	$4.61M	USD	2 Qtrs
Changes in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-68.04M	USD	2 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-55.62M	USD	2 Qtrs
Changes in other receivable	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-518.00K	USD	2 Qtrs
Deferred income taxes, net	`DeferredIncomeTaxesAndTaxCredits`	$-25.81M	USD	2 Qtrs
Changes in other receivable	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.34M	USD	2 Qtrs
Accounts payable, related party	`IncreaseDecreaseInAccountsPayable`	$-90.91M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$-2.70M	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$430.00K	USD	2 Qtrs
Accounts payable, related party	`IncreaseDecreaseInAccountsPayable`	$479.61M	USD	2 Qtrs
Accrued liabilities, related party	`IncreaseDecreaseInAccruedLiabilities`	$-44.09M	USD	2 Qtrs
Accrued liabilities, related party	`IncreaseDecreaseInAccruedLiabilities`	$48.98M	USD	2 Qtrs
Accounts receivable, net (including changes in related party balances of $1,614 and $3,178 during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsReceivable`	$354.69M	USD	2 Qtrs
Other long-term liabilities, related party	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.04M	USD	2 Qtrs
Accounts receivable, net (including changes in related party balances of $1,614 and $3,178 during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsReceivable`	$-68.04M	USD	2 Qtrs
Other long-term liabilities, related party	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$84.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-123.79M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.02B	USD	2 Qtrs
Purchases of property, plant and equipment, related party	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.35M	USD	2 Qtrs
Purchases of property, plant and equipment, related party	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.63M	USD	2 Qtrs
Prepaid expenses and other assets (including changes in related party balances of $(6,561) and $(22,925) during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-518.00K	USD	2 Qtrs
Unpaid property, plant and equipment purchases, related party	`CapitalExpendituresIncurredButNotYetPaid`	$6.16M	USD	2 Qtrs
Prepaid expenses and other assets (including changes in related party balances of $(6,561) and $(22,925) during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.34M	USD	2 Qtrs
Unpaid property, plant and equipment purchases, related party	`CapitalExpendituresIncurredButNotYetPaid`	$3.33M	USD	2 Qtrs
Accounts payable (including changes in related party balances of $12,566 and $751 during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsPayable`	$-90.91M	USD	2 Qtrs
Accounts payable (including changes in related party balances of $12,566 and $751 during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInAccountsPayable`	$479.61M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-3.03M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-82.71M	USD	2 Qtrs
Accrued liabilities (including changes in related party balances of $4,492 and $851 during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInAccruedLiabilities`	$-44.09M	USD	2 Qtrs
Accrued liabilities (including changes in related party balances of $4,492 and $851 during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInAccruedLiabilities`	$48.98M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$79.23M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$46.24M	USD	2 Qtrs
Other long-term liabilities (including changes in related party balances of $(152) and $(168) during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$-3.04M	USD	2 Qtrs
Other long-term liabilities (including changes in related party balances of $(152) and $(168) during the six months ended December 31, 2023 and 2022, respectively)	`IncreaseDecreaseInOtherNoncurrentLiabilities`	$84.00K	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-324.62M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$474.67M	USD	2 Qtrs
Purchases of property, plant and equipment (including payments to related parties of $4,528 and $4,514 during the six months ended December 31, 2023 and 2022, respectively)	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.35M	USD	2 Qtrs
Purchases of property, plant and equipment (including payments to related parties of $4,528 and $4,514 during the six months ended December 31, 2023 and 2022, respectively)	`PaymentsToAcquirePropertyPlantAndEquipment`	$20.63M	USD	2 Qtrs
Investment in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	2 Qtrs
Investment in equity securities	`PaymentsToAcquireEquitySecuritiesFvNi`	$5.18M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.63M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.54M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$857.68M	USD	2 Qtrs
Proceeds from borrowings	`ProceedsFromIssuanceOfDebt`	$144.04M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$776.99M	USD	2 Qtrs
Repayment of debt	`RepaymentsOfDebt`	$564.66M	USD	2 Qtrs
Proceeds from exercise of stock options, net of taxes	`ProceedsFromStockOptionsExercised`	$15.33M	USD	2 Qtrs
Proceeds from exercise of stock options, net of taxes	`ProceedsFromStockOptionsExercised`	$9.57M	USD	2 Qtrs
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$40.89M	USD	2 Qtrs
Payment of withholding tax on vesting of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.50M	USD	2 Qtrs
Issuance of common stock in a public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts`	$582.80M	USD	2 Qtrs
Issuance of common stock in a public offering, net of issuance costs	`ProceedsFromIssuanceOfCommonStockNetOfIssuanceCosts`	-	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$14.00K	USD	2 Qtrs
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$632.19M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-415.82M	USD	2 Qtrs
Effect of exchange rate fluctuations on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$170.00K	USD	2 Qtrs
Effect of exchange rate fluctuations on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.69M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.53M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$285.21M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$726.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$268.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$305.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$440.96M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$726.17M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$268.56M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$305.09M	USD	Point-in-time
Cash, cash equivalents and restricted cash at the end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$440.96M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$9.34M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$6.08M	USD	2 Qtrs
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$217.79M	USD	2 Qtrs
Cash paid for taxes, net of refunds	`IncomeTaxesPaidNet`	$96.16M	USD	2 Qtrs
Unpaid property, plant and equipment purchases (including due to related parties of $2,577 and $1,764 as of December 31, 2023 and 2022, respectively)	`CapitalExpendituresIncurredButNotYetPaid`	$6.16M	USD	2 Qtrs
Unpaid property, plant and equipment purchases (including due to related parties of $2,577 and $1,764 as of December 31, 2023 and 2022, respectively)	`CapitalExpendituresIncurredButNotYetPaid`	$3.33M	USD	2 Qtrs
Right of use ("ROU") assets obtained in exchange for operating lease commitments	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$274.00K	USD	1 Quarter
Right of use ("ROU") assets obtained in exchange for operating lease commitments	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$572.00K	USD	1 Quarter
Right of use ("ROU") assets obtained in exchange for operating lease commitments	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.02M	USD	2 Qtrs
Right of use ("ROU") assets obtained in exchange for operating lease commitments	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$9.75M	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Shares outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	55.92M	shares	Point-in-time
Shares outstanding, beginning balance (in shares)	`CommonStockSharesOutstanding`	52.90M	shares	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.97B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.08B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time
Exercise of stock options, net of taxes (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	341,409.00	shares	2 Qtrs
Exercise of stock options, net of taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$9.57M	USD	2 Qtrs
Exercise of stock options, net of taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$5.29M	USD	1 Quarter
Exercise of stock options, net of taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$15.33M	USD	2 Qtrs
Exercise of stock options, net of taxes	`StockIssuedDuringPeriodValueStockOptionsExercised`	$7.18M	USD	1 Quarter
Shares withheld for the withholding tax on vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalSharesWithheldForTaxWithholdingObligationValue`	$6.79M	USD	1 Quarter
Shares withheld for the withholding tax on vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalSharesWithheldForTaxWithholdingObligationValue`	$15.59M	USD	1 Quarter
Shares withheld for the withholding tax on vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalSharesWithheldForTaxWithholdingObligationValue`	$40.89M	USD	2 Qtrs
Shares withheld for the withholding tax on vesting of restricted stock units	`AdjustmentsToAdditionalPaidInCapitalSharesWithheldForTaxWithholdingObligationValue`	$10.50M	USD	2 Qtrs
Issuance of common stock in a public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$582.80M	USD	2 Qtrs
Issuance of common stock in a public offering, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$582.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$28.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$100.44M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.06M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.98M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-299.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$18.00K	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$98.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$360.58M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$452.96M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$295.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$176.16M	USD	1 Quarter
Shares outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	55.92M	shares	Point-in-time
Shares outstanding, ending balance (in shares)	`CommonStockSharesOutstanding`	52.90M	shares	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.82B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.97B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.17B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.08B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.43B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.63B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$176.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$452.96M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$295.97M	USD	1 Quarter
Net income	`NetIncomeLoss`	$360.58M	USD	2 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-299.00K	USD	2 Qtrs
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$98.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Foreign currency translation gain (loss)	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$18.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$98.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$18.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.00K	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-299.00K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$295.97M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$176.26M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$360.28M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$452.98M	USD	2 Qtrs

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