XML 61 R50.htm IDEA: XBRL DOCUMENT v3.25.4

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Components of Operating Income from Before Income Tax

The components of income before income taxes are as follows (in thousands):

		Year ended December 31,
		2025				2024				2023
United States		$	95,422			$	72,823			$	71,514
Foreign			199,374				199,305				173,657
Income before income taxes		$	294,796			$	272,128			$	245,171

Components of Income Tax Expense

The components of income tax expense are as follows (in thousands):

		Year ended December 31,
		2025				2024				2023
Current income tax expense:
U.S. Federal		$	19,230			$	34,199			$	15,848
U.S. State			1,965				3,452				3,048
Foreign			32,562				31,515				27,030
			53,757				69,166				45,926
Deferred income tax benefit:
U.S. Federal			(388	)			(16,799	)			460
U.S. State			179				(2,995	)			(3,936	)
Foreign			(827	)			677				(290	)
			(1,036	)			(19,117	)			(3,766	)
Total income tax expense:
U.S. Federal			18,842				17,400				16,308
U.S. State			2,144				457				(888	)
Foreign			31,735				32,192				26,740
Total income tax expense		$	52,721			$	50,049			$	42,160

Reconciliation of the U.S. Federal Statutory Income Tax Rate Company's Effective Tax Rate

A reconciliation of the U.S. federal statutory income tax rate to the Company's effective tax rate is as follows (in thousands, except percentages):

		Year-ended December 31,
		2025								2024								2023
		Amount				Percent				Amount				Percent				Amount				Percent
U.S. tax effects:
Federal statutory income tax rate		$	61,907				21.0	%		$	57,147				21.0	%		$	51,486				21.0	%
Domestic federal
R&D credits			(4,295	)			-1.5	%			(7,842	)			-2.8	%			(6,239	)			-2.5	%
Nontaxable and nondeductible items:
Executive compensation disallowed under §162(m)			4,348				1.5	%			4,193				1.5	%			4,072				1.7	%
Other			887				0.3	%			331				0.1	%			147				0.1	%
Federal effect of cross-border tax
Global intangible low-taxed income			1,894				0.6	%			5,429				2.0	%			3,861				1.6	%
Subpart F income			462				0.2	%			2,835				1.0	%			(746	)			-0.3	%
Other			(89	)			0.0	%			(406	)			-0.1	%			(245	)			-0.1	%
Federal reconciling items
Interest income			(3,644	)			-1.2	%			—				—				—				—
Other			215				0.1	%			(1,241	)			-0.5	%			410				0.2	%
Changes in federal valuation allowances			(720	)			-0.2	%			(67	)			-0.1	%			(157	)			-0.1	%
Domestic state and local income taxes, net of federal effect			1,786				0.6	%			322				0.1	%			(702	)			-0.3	%
Foreign tax effects:
Ireland
Statutory income tax rate differential			(16,964	)			-5.8	%			(16,580	)			-6.0	%			(13,525	)			-5.5	%
Foreign tax credits			(3,604	)			-1.2	%			(2,964	)			-1.1	%			(2,104	)			-0.9	%
Other			(431	)			-0.2	%			167				0.1	%			(105	)			0.0	%
China
Withholding tax on license fees and royalties			10,587				3.6	%			9,225				3.4	%			6,185				2.5	%
Other			(27	)			0.0	%			(24	)			0.0	%			(33	)			0.0	%
Other foreign jurisdictions			409				0.1	%			(476	)			-0.2	%			(145	)			-0.1	%
Total		$	52,721				17.9	%		$	50,049				18.4	%		$	42,160				17.2	%

Summarizes the Company's cash Paid For Income Taxes, Net of Refunds Received by Jurisdiction

The following table summarizes the Company's cash paid for income taxes, net of refunds received by jurisdiction (in thousands):

		December 31,
		2025				2024				2023
United States:
Federal		$	33,507			$	45,527			$	57,263
State			2,629				2,545				2,523
Total United States			36,136				48,072				59,786
Foreign:
Ireland			24,127				13,174				28,110
China			10,783				9,236				6,161
Other foreign jurisdictions			392				1,491				2,119
Total foreign			35,302				23,901				36,390
Total cash taxes paid		$	71,438			$	71,973			$	96,176

Tax Loss and Tax Credit Carryforwards

The following table summarizes the Company's tax credit carry forwards for tax return purposes as of December 31, 2025 (in thousands):

		Tax Benefit				Expiration Date
Tax credit carry forwards:
U.S. State research tax credits		$	9,628			2036-2040
Total credit carry forwards		$	9,628

Significant Components of Deferred Tax Assets and Liabilities

Significant components of the Company's net deferred tax assets and liabilities are as follows (in thousands):

		December 31,
		2025				2024
Deferred tax asset:
Capitalized research expenditures		$	54,931			$	55,277
Retirement plan			14,185				13,633
Tax credit carry forwards			9,628				9,542
Accruals and reserves			7,100				6,988
Lease liabilities			5,874				6,073
Stock-based compensation			1,701				1,475
Deferred revenue			588				655
Other			3,706				2,783
			97,713				96,426
Valuation allowance			(9,159	)			(10,167	)
Deferred tax assets			88,554				86,259
Deferred tax liability:
Lease assets			(4,891	)			(5,297	)
Acquisition goodwill			(2,088	)			(1,854	)
Other			(2,121	)			(788	)
Deferred tax liabilities			(9,100	)			(7,939	)
Net deferred tax assets		$	79,454			$	78,320

X

- Definition

Schedule of Company's cash paid for income taxes, net of refunds received by jurisdiction [Table Text Block]

+ References

No definition available.

+ Details

Name:	oled_ScheduleOfCompanysCashPaidForIncomeTaxesNetOfRefundsReceivedByJurisdictionTableTextBlock
Namespace Prefix:	oled_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, and tabular disclosure of tax credit carryforwards available to reduce future taxable income, including amounts, expiration dates and the related deferred tax assets.

+ References

No definition available.

+ Details

Name:	oled_SummaryOfOperatingLossAndTaxCreditCarryforwardsTableTextBlock
Namespace Prefix:	oled_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration