10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-20-021339 |
| Period End Date | 20200331 |
| Filing Date | 20200505 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | onto-10q_20200328_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowances for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.40M | USD | Point-in-time |
| Allowances for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.25M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$130.67M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$101.32M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$189.56M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$190.63M | USD | Point-in-time |
| Accounts receivable, less allowance of $1,398 and $1,247 |
AccountsReceivableNetCurrent
|
$123.66M | USD | Point-in-time |
| Accounts receivable, less allowance of $1,398 and $1,247 |
AccountsReceivableNetCurrent
|
$149.23M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$176.13M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$160.54M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$21.64M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$26.80M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$641.66M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$628.52M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$98.42M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$96.97M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.63M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$307.15M | USD | Point-in-time |
| Identifiable intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$371.95M | USD | Point-in-time |
| Identifiable intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$358.22M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$1.40M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$1.46M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$27.94M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$23.65M | USD | Point-in-time |
| Total assets |
Assets
|
$1.45B | USD | Point-in-time |
| Total assets |
Assets
|
$1.42B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$27.74M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$32.20M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$26.20M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$29.39M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$15.57M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$12.63M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$19.17M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$17.16M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$85.74M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$94.33M | USD | Point-in-time |
| Deferred and other tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$67.04M | USD | Point-in-time |
| Deferred and other tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$66.26M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$31.77M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$29.99M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$184.55M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$190.58M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$50.00K | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$49.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.24B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.27B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-598.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-3.35M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-9.27M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-4.86M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.23B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$369.86M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$361.89M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.45B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.42B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$60.89M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$139.93M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$28.87M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$77.30M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$32.02M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$62.63M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$10.54M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$20.93M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$4.73M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$13.07M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.76M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$20.15M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$387.00K | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$13.73M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$67.88M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$24.41M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$-5.25M | USD | 1 Quarter |
| Operating (loss) income |
OperatingIncomeLoss
|
$7.61M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNonoperatingNet
|
$806.00K | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNonoperatingNet
|
$1.21M | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$381.00K | USD | 1 Quarter |
| Other income, net |
OtherNonoperatingIncomeExpense
|
$32.00K | USD | 1 Quarter |
| (Loss) income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-4.00M | USD | 1 Quarter |
| (Loss) income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$8.79M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$1.22M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$400.00K | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$-4.40M | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$7.58M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.09 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.30 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.09 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
50.12M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
24.86M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
50.12M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
25.14M | shares | 1 Quarter |
Cash Flow Statement
46 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) income |
ProfitLoss
|
$7.58M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-4.40M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$387.00K | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$13.73M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$1.25M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.10M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$3.96M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$2.16M | USD | 1 Quarter |
| Acquired inventory step-up amortization |
AcquiredInventoryStepUpAmortization
|
$9.90M | USD | 1 Quarter |
| Provision for doubtful accounts and inventory valuation |
ProvisionForDoubtfulAccountsAndInventoryValuation
|
$1.03M | USD | 1 Quarter |
| Provision for doubtful accounts and inventory valuation |
ProvisionForDoubtfulAccountsAndInventoryValuation
|
$928.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$381.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$144.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$18.17M | USD | 1 Quarter |
| Changes in operating assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$13.59M | USD | 1 Quarter |
| Net cash and cash equivalents provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$8.90M | USD | 1 Quarter |
| Net cash and cash equivalents provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.57M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$76.46M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$22.14M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$14.29M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$74.86M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.32M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$997.00K | USD | 1 Quarter |
| Net cash and cash equivalents used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.60M | USD | 1 Quarter |
| Net cash and cash equivalents used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-9.17M | USD | 1 Quarter |
| Purchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$744.00K | USD | 1 Quarter |
| Purchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$33.61M | USD | 1 Quarter |
| Tax payments related to shares withheld for share-based compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$598.00K | USD | 1 Quarter |
| Tax payments related to shares withheld for share-based compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.56M | USD | 1 Quarter |
| Issuance of shares through share-based compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$164.00K | USD | 1 Quarter |
| Net cash and cash equivalents used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-35.02M | USD | 1 Quarter |
| Net cash and cash equivalents used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-1.34M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-636.00K | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-145.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-29.35M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-12.22M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$130.67M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$101.32M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$112.39M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$100.17M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$130.67M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$101.32M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$112.39M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$100.17M | USD | Point-in-time |
| Income taxes paid |
IncomeTaxesPaidNet
|
$588.00K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaidNet
|
$114.00K | USD | 1 Quarter |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$1.23B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$369.86M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$361.89M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Issuance of shares through share-based compensation plans, net |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$164.00K | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$33.61M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$744.00K | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$-4.40M | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$7.58M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.96M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.16M | USD | 1 Quarter |
| Share-based compensation plan withholdings |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$-598.00K | USD | 1 Quarter |
| Share-based compensation plan withholdings |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$-1.56M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-518.00K | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.23M | USD | 1 Quarter |
| Unrealized gain (loss) on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$95.00K | USD | 1 Quarter |
| Unrealized gain (loss) on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-526.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$1.23B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$369.86M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$361.89M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net (loss) income |
NetIncomeLoss
|
$-4.40M | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$7.58M | USD | 1 Quarter |
| Change in net unrealized (losses) gains on available-for-sale marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-526.00K | USD | 1 Quarter |
| Change in net unrealized (losses) gains on available-for-sale marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$95.00K | USD | 1 Quarter |
| Change in currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-518.00K | USD | 1 Quarter |
| Change in currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.23M | USD | 1 Quarter |
| Other comprehensive (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-423.00K | USD | 1 Quarter |
| Other comprehensive (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.76M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-7.16M | USD | 1 Quarter |
| Total comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$7.15M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.