XML 53 R27.htm IDEA: XBRL DOCUMENT
v3.19.2

Cash, Cash Equivalents, and Investments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Cash and Cash Equivalents [Abstract] |
Components of Cash, Cash Equivalents, and Investments | Cash, cash equivalents, and investments consisted of the following (in thousands):
| June 30, 2019 |  | December 31, 2018
Cash | $ | 86,005 |  |  | $ | 104,655 |
Money market instruments | 3,099 |  |  | 3,557 |
Cash and cash equivalents | 89,104 |  |  | 108,212 |
Treasury bills | 138,600 |  |  | 198,477 |
Asset-backed securities | 104,998 |  |  | 78,407 |
Corporate bonds | 101,868 |  |  | 137,871 |
Agency bonds | 7,783 |  |  | — |
Sovereign bonds | 5,990 |  |  | 8,101 |
Municipal bonds | 5,248 |  |  | 4,492 |
Current investments | 364,487 |  |  | 427,348 |
Corporate bonds | 177,123 |  |  | 162,566 |
Treasury bills | 168,890 |  |  | 32,760 |
Asset-backed securities | 40,434 |  |  | 53,631 |
Sovereign bonds | 14,833 |  |  | 6,316 |
Agency bonds | 5,903 |  |  | 5,921 |
Municipal bonds | 849 |  |  | 845 |
Non-current investments | 408,032 |  |  | 262,039 |
| $ | 861,623 |  |  | $ | 797,599 |
Summary of Available-for-Sale Investments | The following table summarizes the Company’s available-for-sale investments as of June 30, 2019 (in thousands):
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Current: |  |  |  |  |  |  |
Treasury bills | $ | 138,217 |  |  | $ | 383 |  |  | $ | — |  |  | $ | 138,600 |
Asset-backed securities | 104,717 |  |  | 317 |  |  | (36 | ) |  | 104,998 |
Corporate bonds | 101,722 |  |  | 182 |  |  | (36 | ) |  | 101,868 |
Agency bonds | 7,780 |  |  | 3 |  |  | — |  |  | 7,783 |
Sovereign bonds | 5,979 |  |  | 12 |  |  | (1 | ) |  | 5,990 |
Municipal bonds | 5,241 |  |  | 7 |  |  | — |  |  | 5,248 |
Non-current: |  |  |  |  |  |  |
Corporate bonds | 176,726 |  |  | 537 |  |  | (140 | ) |  | 177,123 |
Treasury bills | 167,653 |  |  | 1,257 |  |  | (20 | ) |  | 168,890 |
Asset-backed securities | 40,198 |  |  | 237 |  |  | (1 | ) |  | 40,434 |
Sovereign bonds | 14,783 |  |  | 50 |  |  | — |  |  | 14,833 |
Agency bonds | 5,930 |  |  | — |  |  | (27 | ) |  | 5,903 |
Municipal bonds | 855 |  |  | — |  |  | (6 | ) |  | 849 |
| $ | 769,801 |  |  | $ | 2,985 |  |  | $ | (267 | ) |  | $ | 772,519 |
Gross Unrealized Losses and Fair Values for Available-for-Sale Investments | The following table summarizes the Company’s gross unrealized losses and fair values for available-for-sale investments in an unrealized loss position as of June 30, 2019 (in thousands):
| Unrealized Loss Position For: |  |
| Less than 12 Months |  | 12 Months or Greater |  | Total
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Corporate bonds | $ | 26,243 |  |  | $ | (90 | ) |  | $ | 42,031 |  |  | $ | (86 | ) |  | $ | 68,274 |  |  | $ | (176 | )
Asset-backed securities | 4,378 |  |  | (1 | ) |  | 21,331 |  |  | (36 | ) |  | 25,709 |  |  | (37 | )
Treasury bills | 24,855 |  |  | (20 | ) |  | — |  |  | — |  |  | 24,855 |  |  | (20 | )
Agency bonds | 5,903 |  |  | (27 | ) |  | — |  |  | — |  |  | 5,903 |  |  | (27 | )
Sovereign bonds | — |  |  | — |  |  | 2,689 |  |  | (1 | ) |  | 2,689 |  |  | (1 | )
Municipal bonds | — |  |  | — |  |  | 849 |  |  | (6 | ) |  | 849 |  |  | (6 | )
| $ | 61,379 |  |  | $ | (138 | ) |  | $ | 66,900 |  |  | $ | (129 | ) |  | $ | 128,279 |  |  | $ | (267 | )
Effective Maturity Dates of Available-for-Sale Investments | The following table presents the effective maturity dates of the Company’s available-for-sale investments as of June 30, 2019 (in thousands):
| <1 year |  | 1-2 Years |  | 2-3 Years |  | 3-4 Years |  | 4-5 Years |  | 5-7 Years |  | Total
Treasury bills | $ | 138,600 |  |  | $ | 158,777 |  |  | $ | 10,113 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 307,490 |
Corporate bonds | 101,868 |  |  | 103,324 |  |  | 65,231 |  |  | 5,710 |  |  | 2,858 |  |  | — |  |  | 278,991 |
Asset-backed securities | 104,998 |  |  | 15,771 |  |  | 8,760 |  |  | 11,199 |  |  | — |  |  | 4,704 |  |  | 145,432 |
Sovereign bonds | 5,990 |  |  | 14,833 |  |  | — |  |  | — |  |  | — |  |  |  |  |  | 20,823 |
Agency bonds | 7,783 |  |  | — |  |  | — |  |  | 5,903 |  |  | — |  |  | — |  |  | 13,686 |
Municipal bonds | 5,248 |  |  | 849 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 6,097 |
| $ | 364,487 |  |  | $ | 293,554 |  |  | $ | 84,104 |  |  | $ | 22,812 |  |  | $ | 2,858 |  |  | $ | 4,704 |  |  | $ | 772,519 |

X
- Definition Components of cash cash equivalents and investments. + References No definition available. + Details
Name: | cgnx_ComponentsOfCashCashEquivalentsAndInvestmentsTableTextBlock
Namespace Prefix: | cgnx_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=82897076&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration