XML 61 R21.htm IDEA: XBRL DOCUMENT v3.19.3

Balance Sheet Components (Tables)

9 Months Ended

Sep. 29, 2019

Balance Sheet Related Disclosures [Abstract]

Schedule of Cash and Cash Equivalents

The following table totals cash and cash equivalents and restricted cash as reported on the unaudited condensed consolidated balance sheet as of September 29, 2019 and December 31, 2018, and the sum is presented on the unaudited condensed consolidated statements of cash flows:

	As of
	September 29, 2019				December 31, 2018
	(In thousands)
Cash and cash equivalents	$	113,870			$	151,290
Restricted cash	4,130				4,134
Total as presented on the unaudited condensed consolidated statements of cash flows	$	118,000			$	155,424

Schedule of Restricted Cash

The following table totals cash and cash equivalents and restricted cash as reported on the unaudited condensed consolidated balance sheet as of September 29, 2019 and December 31, 2018, and the sum is presented on the unaudited condensed consolidated statements of cash flows:

	As of
	September 29, 2019				December 31, 2018
	(In thousands)
Cash and cash equivalents	$	113,870			$	151,290
Restricted cash	4,130				4,134
Total as presented on the unaudited condensed consolidated statements of cash flows	$	118,000			$	155,424

Schedule of Available-For-Sale Short-Term Investments

Available-for-sale short-term investments

	As of September 29, 2019																As of December 31, 2018
	Cost				Unrealized Gains				Unrealized Losses				Estimated Fair Value				Cost				Unrealized Gains				Unrealized Losses				Estimated Fair Value
	(In thousands)
U.S. treasuries	$	39,897			$	44			$	—			$	39,941			$	49,739			$	2			$	(4	)		$	49,737

Schedule of Accounts Receivable, Net

Accounts receivable, net

	As of
	September 29, 2019				December 31, 2018
	(In thousands)
Gross accounts receivable	$	100,253			$	166,172
Allowance for doubtful accounts	(555		)		(127		)
Total accounts receivable, net	$	99,698			$	166,045

Schedule of Property and Equipment, Net

Property and equipment, net

The components of property and equipment are as follows:

	As of
	September 29, 2019				December 31, 2018
	(In thousands)
Machinery and equipment	$	13,289			$	11,415
Software	11,941				10,624
Computer equipment	4,042				4,342
Furniture and fixtures	3,795				2,698
Leasehold improvements	8,836				3,007
Construction in progress (1)	—				28,357
Total property and equipment, gross	41,903				60,443
Accumulated depreciation and amortization	(17,687		)		(11,015		)
Total property and equipment, net	$	24,216			$	49,428

_________________________

⁽¹⁾ 

The Company had a build-to-suit lease arrangement under its corporate headquarters lease in San Jose, California. Upon the adoption of ASU 2016-02, the Company concluded that it did not have control over the underlying leased asset and de-recognized $21.6 million of Construction of progress. Refer to Note 8, Commitments and Contingencies, for further details.

Schedule of Intangibles, Net

Intangibles, net

	As of September 29, 2019												As of December 31, 2018
	Gross				Accumulated Amortization				Net				Gross				Accumulated Amortization				Net
	(In thousands)
Technology	$	9,800			$	(8,196	)		$	1,604			$	9,800			$	(7,165	)		$	2,635
Other	500				(425		)		75				800				(612		)		188
Total intangibles, net	$	10,300			$	(8,621	)		$	1,679			$	10,600			$	(7,777	)		$	2,823

Schedule of Estimated Amortization Expense Related to Intangibles

As of September 29, 2019, estimated amortization expense related to finite-lived intangibles for the remaining years was as follows (in thousands):

2019 (remaining three months)	$	373
2020	1,306
Total estimated amortization expense	$	1,679

Schedule of Goodwill

There was no change in the carrying amount of goodwill during the nine months ended September 29, 2019 and the goodwill as of December 31, 2018 and September 29, 2019 was as follows (in thousands):

As of December 31, 2018	$	15,638
As of September 29, 2019	$	15,638

Schedule of Other Non-Current Assets

Other non-current assets

	As of
	September 29, 2019				December 31, 2018
	(In thousands)
Non-current deferred income taxes	$	1,218			$	1,108
Deposits	3,644				4,084
Other	748				3,257
Total other non-current assets	$	5,610			$	8,449

Schedule of Accrued Liabilities

Accrued liabilities

	As of
	September 29, 2019				December 31, 2018
	(In thousands)
Sales and marketing	$	44,399			$	75,863
Sales returns	29,351				49,247
Accrued employee compensation	6,707				11,897
Current operating lease liabilities	3,814				—
Warranty obligation	3,403				3,712
Freight	2,159				3,913
Current financing lease obligation	—				1,632
Other	20,238				25,772
Total accrued liabilities	$	110,071			$	172,036

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI http://asc.fasb.org/topic&trid=2196928

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accrued liabilities.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of cash and cash equivalents.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of noncurrent assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.17)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfOtherAssetsNoncurrentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(1)(a))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=98513485&loc=SL98516268-108586

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(2))
-URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(1))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration