XML 22 R55.htm IDEA: XBRL DOCUMENT v2.4.0.6
Himax Technologies, Inc. (the Parent Company only) (Tables)
12 Months Ended
Dec. 31, 2012
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Balance Sheet [Table Text Block]

The condensed separate financial information of Himax Technologies, Inc. is presented as follows:

 

Condensed Balance Sheets

 

  December 31, 
  2011  2012 
  (in thousands) 
       
Cash $584   1,075 
Other current assets  1,146   835 
Investment in non-marketable securities  1,600   1,600 
Investments in subsidiaries  628,528   627,792 
Total assets $631,858   631,302 
         
Current liabilities $3,921   176 
Short-term debt  65,200   54,000 
Debt borrowing from a subsidiary  169,300   149,183 
Total equity  393,437   427,943 
Total liabilities and equity $631,858   631,302
Schedule of Condensed Income Statement [Table Text Block]

Condensed Statements of Income

 

  Year ended December 31, 
  2010  2011  2012 
  (in thousands) 
          
Revenues $-   -   - 
Costs and expenses  (1,210)  (548)  (695)
Operating loss  (1,210)  (548)  (695)
Equity in earnings from subsidiaries  36,427   13,433   54,929 
Other non-operating loss  (2,010)  (2,179)  (2,637)
Earnings before income taxes  33,207   10,706   51,597 
Income taxes expenses  (1)  -   (1)
Net Income $33,206   10,706   51,596
Schedule Of Condensed Statements Of Comprehensive Income [Table Text Block]

Condensed Statements of Comprehensive Income

 

  Year Ended December 31, 
  2010  2011  2012 
                   
Net income $-   33,206   -   10,706   -   51,596 
Other comprehensive income (loss):                        
Unrealized gains (losses) on securities, not subject to income tax:                        
Unrealized holding gains (losses) on available-for-sale marketable securities arising during the period  1,511   -   (305)  -   59   - 
Reclassification adjustment for realized losses (gains) included in net income  (296)  1,215   (350)  (655)  (648)  (589)
Foreign currency translation adjustments, not subject to income tax      210       128       50 
Net unrecognized actuarial gain (loss), net of tax of $(54), $(125) and $8 in 2010, 2011 and 2012, respectively      (203)      (573)      233 
Comprehensive income     $34,428       9,606       51,290
Schedule of Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows

 

  Year ended December 31, 
  2010  2011  2012 
  (in thousands) 
Cash flows from operating activities:            
Net income $33,206   10,706   51,596 
Adjustments to reconcile net income to net cash used in operating activities:            
Equity in earnings from subsidiaries  (36,427)  (13,433)  (54,929)
Changes in operating assets and liabilities:            
Other current assets  1,543   (790)  311 
Other current liabilities  (2,542)  1,767   1,637 
Net cash used in operating activities  (4,220)  (1,750)  (1,385)
Cash flows from financing activities:            
Distribution of cash dividends  (44,097)  (21,224)  (10,680)
Proceeds from borrowing of short-term debt  204,000   271,200   266,000 
Repayment of short-term debt  (160,000)  (250,000)  (277,200)
Investment returned from subsidiaries  -   -   56,836 
Proceeds from issue of RSUs from a subsidiary  4,370   1,634   1,306 
Purchase of subsidiary shares from noncontrolling interests  -   (1,324)  - 
Proceeds from (repayment of) debt from a subsidiary  11,000   6,300   (25,500)
Acquisitions of ordinary shares for retirement  (10,755)  (4,627)  (8,886)
Net cash provided by financing activities  4,518   1,959   1,876 
Net increase in cash  298   209   491 
Cash at beginning of year  77   375   584 
Cash at end of year $375   584   1,075 
             
Supplemental disclosures of cash flow information:            
Interest paid during the year $156   353   264 
Income taxes paid during the year $1   -   1