10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-22-017529 |
| Period End Date | 20220331 |
| Filing Date | 20220503 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | onto-10q_20220402_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
|
$1.30M | USD | Point-in-time |
| Allowances for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$1.53M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$169.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$172.46M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$369.45M | USD | Point-in-time |
| Marketable securities |
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
$341.74M | USD | Point-in-time |
| Accounts receivable, less allowance of $1,526 and $1,303 |
AccountsReceivableNetCurrent
|
$206.69M | USD | Point-in-time |
| Accounts receivable, less allowance of $1,526 and $1,303 |
AccountsReceivableNetCurrent
|
$177.21M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$243.11M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$263.01M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$20.63M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$16.43M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$948.09M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.03B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$81.69M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$82.09M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$315.81M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$315.81M | USD | Point-in-time |
| Identifiable intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$263.51M | USD | Point-in-time |
| Identifiable intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$277.28M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$4.82M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxAssetsNet
|
$4.67M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$21.72M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$24.48M | USD | Point-in-time |
| Total assets |
Assets
|
$1.72B | USD | Point-in-time |
| Total assets |
Assets
|
$1.65B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$53.34M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$70.76M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$43.04M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$37.74M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$29.98M | USD | Point-in-time |
| Deferred revenue |
ContractWithCustomerLiabilityCurrent
|
$36.46M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$28.16M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$39.72M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$154.53M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$184.68M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$33.40M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$40.28M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$28.95M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$32.01M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$250.09M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$223.76M | 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
|
$1.26B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.26B | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.32M | USD | Point-in-time |
| Accumulated other comprehensive (loss) income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-5.30M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$221.84M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$168.51M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.43B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.29B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.65B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$1.72B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$241.35M | USD | 1 Quarter |
| Revenue |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$169.28M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$110.33M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$78.81M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$90.47M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$131.02M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$26.34M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$21.96M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$15.63M | USD | 1 Quarter |
| Sales and marketing |
SellingAndMarketingExpense
|
$13.10M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$15.56M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$16.49M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$13.82M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$12.36M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$72.28M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$62.98M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$27.48M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$58.74M | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNonoperatingNet
|
$361.00K | USD | 1 Quarter |
| Interest income, net |
InterestIncomeExpenseNonoperatingNet
|
$377.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-204.00K | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.24M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$58.92M | USD | 1 Quarter |
| Income before provision for income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$26.60M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$5.59M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$2.49M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$24.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$53.33M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.49 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.08 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.49 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$1.07 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
49.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
49.44M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
49.57M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
49.91M | shares | 1 Quarter |
Cash Flow Statement
49 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$53.33M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$24.11M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$13.82M | USD | 1 Quarter |
| Amortization of intangibles |
AmortizationOfIntangibleAssets
|
$12.36M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.62M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$2.37M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.83M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.89M | USD | 1 Quarter |
| Acquired inventory step-up amortization |
AcquiredInventoryStepUpAmortization
|
$252.00K | USD | 1 Quarter |
| Provision for inventory valuation |
ProvisionForInventoryValuation
|
$2.27M | USD | 1 Quarter |
| Provision for inventory valuation |
ProvisionForInventoryValuation
|
$2.12M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-6.85M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$460.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-1.71M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-1.23M | USD | 1 Quarter |
| Changes in operating assets and liabilities, net of effects of business acquired |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$25.38M | USD | 1 Quarter |
| Changes in operating assets and liabilities, net of effects of business acquired |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$-1.33M | USD | 1 Quarter |
| Net cash and cash equivalents provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$51.00M | USD | 1 Quarter |
| Net cash and cash equivalents provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$45.46M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$83.65M | USD | 1 Quarter |
| Purchases of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$97.49M | USD | 1 Quarter |
| Proceeds from maturities and sales of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$66.68M | USD | 1 Quarter |
| Proceeds from maturities and 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
|
$2.49M | 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
|
$-33.30M | USD | 1 Quarter |
| Tax payments related to shares withheld for share-based compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$5.29M | USD | 1 Quarter |
| Tax payments related to shares withheld for share-based compensation plans |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.49M | USD | 1 Quarter |
| Payment of contingent consideration for acquired business |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$2.29M | 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
|
$6.00K | USD | 1 Quarter |
| Net cash and cash equivalents used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$593.00K | USD | 1 Quarter |
| Net cash and cash equivalents used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-7.57M | 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
|
$-1.73M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-10.27M | USD | 1 Quarter |
| Net increase (decrease) in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$2.86M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$126.45M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$172.46M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.60M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$136.72M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$126.45M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$172.46M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.60M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$136.72M | USD | Point-in-time |
| Income taxes paid (net of refunds) |
IncomeTaxesPaidNet
|
$1.80M | USD | 1 Quarter |
| Income taxes paid (net of refunds) |
IncomeTaxesPaidNet
|
$1.33M | USD | 1 Quarter |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquity
|
$1.43B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.29B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$24.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$53.33M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$4.89M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$4.83M | USD | 1 Quarter |
| Issuance of shares through share-based compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$3.08M | USD | 1 Quarter |
| Issuance of shares through share-based compensation plans |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$6.00K | USD | 1 Quarter |
| Share-based compensation plan withholdings |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$5.29M | USD | 1 Quarter |
| Share-based compensation plan withholdings |
AdjustmentsToAdditionalPaidInCapitalIncomeTaxDeficiencyFromShareBasedCompensation
|
$2.49M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.61M | USD | 1 Quarter |
| Currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.90M | USD | 1 Quarter |
| Unrealized loss on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-3.00M | USD | 1 Quarter |
| Unrealized loss on investments |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-131.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$1.43B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.47B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.29B | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$24.11M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$53.33M | 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
|
$-3.00M | USD | 1 Quarter |
| Change in currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-3.61M | USD | 1 Quarter |
| Change in currency translation adjustments |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-1.90M | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.03M | USD | 1 Quarter |
| Total other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-6.61M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$22.08M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$46.72M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.