10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-21-022055 |
| Period End Date | 20210331 |
| Filing Date | 20210429 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | onto-10q_20210327_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
|
$1.02M | USD | Point-in-time |
| Allowances for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$784.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$126.45M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$136.72M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$266.45M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$237.00M | USD | Point-in-time |
| Accounts receivable, less allowance of $1,018 and $784 |
AccountsReceivableNetCurrent
|
$141.88M | USD | Point-in-time |
| Accounts receivable, less allowance of $1,018 and $784 |
AccountsReceivableNetCurrent
|
$149.25M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$191.22M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$200.90M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$19.16M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$17.47M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$754.83M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$731.66M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$87.95M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$87.68M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$313.89M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$306.63M | USD | Point-in-time |
| Identifiable intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$318.36M | USD | Point-in-time |
| Identifiable intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$318.21M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$2.33M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$2.23M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$26.78M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$21.34M | USD | Point-in-time |
| Total assets |
Assets
|
$1.50B | USD | Point-in-time |
| Total assets |
Assets
|
$1.47B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$40.18M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$45.62M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$28.93M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$37.08M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$14.33M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$21.42M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$30.44M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$28.50M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$120.09M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$126.41M | USD | Point-in-time |
| Deferred and other tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$55.62M | USD | Point-in-time |
| Deferred and other tax liabilities |
DeferredIncomeTaxLiabilitiesNet
|
$56.26M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$27.71M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$28.74M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$211.41M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$203.43M | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$49.00K | 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
|
$1.23B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$4.57M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.54M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$26.16M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$50.27M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.23B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.29B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.50B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.47B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$139.93M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$169.28M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$78.81M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$77.30M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$90.47M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$62.63M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$20.93M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$21.96M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$13.07M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$13.10M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$20.15M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$15.56M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$12.36M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$13.73M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$67.88M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$62.98M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$-5.25M | USD | 1 Quarter |
| Operating income (loss) |
OperatingIncomeLoss
|
$27.48M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNonoperatingNet
|
$1.21M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNonoperatingNet
|
$361.00K | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$-1.24M | USD | 1 Quarter |
| Other (expense) income, net |
OtherNonoperatingIncomeExpense
|
$32.00K | USD | 1 Quarter |
| Income (loss) before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$26.60M | USD | 1 Quarter |
| Income (loss) before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-4.00M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$2.49M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$400.00K | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$24.11M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-4.40M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.09 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.49 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.09 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.49 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
49.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
50.12M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
49.57M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
50.12M | shares | 1 Quarter |
Cash Flow Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$-4.40M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$24.11M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$12.36M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$13.73M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.62M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.10M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.89M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$3.96M | USD | 1 Quarter |
| Acquired inventory step-up amortization |
AcquiredInventoryStepUpAmortization
|
$252.00K | USD | 1 Quarter |
| Acquired inventory step-up amortization |
AcquiredInventoryStepUpAmortization
|
$9.90M | USD | 1 Quarter |
| Provision for inventory valuation |
ProvisionForInventoryValuation
|
$928.00K | USD | 1 Quarter |
| Provision for inventory valuation |
ProvisionForInventoryValuation
|
$2.27M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-2.17M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$144.00K | USD | 1 Quarter |
| Changes in operating assets and liabilities, net of effects of business acquired |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.33M | USD | 1 Quarter |
| Changes in operating assets and liabilities, net of effects of business acquired |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$18.17M | USD | 1 Quarter |
| Net cash and cash equivalents provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$8.90M | USD | 1 Quarter |
| Net cash and cash equivalents provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$51.00M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$83.65M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$76.46M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$74.86M | USD | 1 Quarter |
| Proceeds from sales of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$53.97M | USD | 1 Quarter |
| Purchase of business, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$26.80M | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$997.00K | USD | 1 Quarter |
| Purchases of property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.88M | USD | 1 Quarter |
| Net cash and cash equivalents used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-60.35M | USD | 1 Quarter |
| Net cash and cash equivalents used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.60M | 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
|
$2.49M | 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
|
$3.08M | USD | 1 Quarter |
| Issuance of shares through share-based compensation plans |
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
$164.00K | USD | 1 Quarter |
| Net cash and cash equivalents provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$593.00K | USD | 1 Quarter |
| Net cash and cash equivalents provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-35.02M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-1.51M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-636.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-29.35M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-10.27M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$101.32M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$136.72M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$130.67M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$126.45M | 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
|
$136.72M | 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
|
$126.45M | USD | Point-in-time |
| Income taxes paid |
IncomeTaxesPaidNet
|
$588.00K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaidNet
|
$1.80M | USD | 1 Quarter |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$1.23B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.29B | USD | Point-in-time |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$33.61M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$24.11M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-4.40M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.96M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$4.89M | USD | 1 Quarter |
| Issuance of shares through share-based compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$164.00K | USD | 1 Quarter |
| Issuance of shares through share-based compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$3.08M | USD | 1 Quarter |
| Share-based compensation plan withholdings |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$-2.49M | USD | 1 Quarter |
| Share-based compensation plan withholdings |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$-1.56M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.90M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.23M | USD | 1 Quarter |
| Unrealized loss on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-526.00K | USD | 1 Quarter |
| Unrealized loss on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-131.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$1.23B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.29B | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$24.11M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-4.40M | USD | 1 Quarter |
| Change in net unrealized losses on available-for-sale marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-131.00K | USD | 1 Quarter |
| Change in net unrealized losses on available-for-sale marketable securities |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
$-526.00K | USD | 1 Quarter |
| Change in currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.90M | USD | 1 Quarter |
| Change in currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-2.23M | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.03M | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.76M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$22.08M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-7.16M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.