XML 30 R20.htm IDEA: XBRL DOCUMENT v3.23.2

Assets (Tables)

6 Months Ended

Jun. 30, 2023

Assets

Schedule of portion of Veeco's assets (excluding cash balances) that are measured at fair value on a recurring basis

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Level 1

Level 2

Level 3

Total

​

​

(in thousands)

June 30, 2023

​

​

​

​

​

​

​

​

​

​

​

​

Cash equivalents

​

​

​

​

​

​

​

​

​

​

​

​

Certificate of deposits and time deposits

​

$

57,432

​

$

—

​

$

—

​

$

57,432

Commercial paper

​

​

—

​

​

11,475

​

​

—

​

​

11,475

Money market cash

​

​

50,846

​

​

—

​

​

—

​

​

50,846

Total

​

$

108,278

​

$

11,475

​

$

—

​

$

119,753

Short-term investments

​

​

​

​

​

​

​

​

​

​

​

​

U.S. treasuries

​

$

12,041

​

$

—

​

$

—

​

$

12,041

Government agency securities

​

​

—

​

​

60,054

​

​

—

​

​

60,054

Corporate debt

​

​

—

​

​

13,020

​

​

—

​

​

13,020

Commercial paper

​

​

—

​

​

20,760

​

​

—

​

​

20,760

Total

​

$

12,041

​

$

93,834

​

$

—

​

$

105,875

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2022

​

​

​

​

​

​

​

​

​

​

​

​

Cash equivalents

​

​

​

​

​

​

​

​

​

​

​

​

Certificate of deposits and time deposits

​

$

61,135

​

$

—

​

$

—

​

$

61,135

Money market cash

​

​

405

​

​

—

​

​

—

​

​

405

Total

​

$

61,540

​

$

—

​

$

—

​

$

61,540

Short-term investments

​

​

​

​

​

​

​

​

​

​

​

​

U.S. treasuries

​

$

62,849

​

$

—

​

$

—

​

$

62,849

Government agency securities

​

​

—

​

​

27,366

​

​

—

​

​

27,366

Corporate debt

​

​

—

​

​

41,591

​

​

—

​

​

41,591

Commercial paper

​

​

—

​

​

15,682

​

​

—

​

​

15,682

Total

​

$

62,849

​

$

84,639

​

$

—

​

$

147,488

Schedule of amortized cost and fair value of available-for-sale securities

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Gross

Gross

​

​

​

Amortized

​

Unrealized

​

Unrealized

​

Estimated

​

​

Cost

​

Gains

​

Losses

​

Fair Value

​

​

(in thousands)

June 30, 2023

​

​

​

​

​

​

​

​

​

​

​

​

U.S. treasuries

​

$

12,133

​

$

—

​

$

(92)

​

$

12,041

Government agency securities

​

​

60,262

​

​

—

​

​

(208)

​

​

60,054

Corporate debt

​

​

13,108

​

​

—

​

​

(88)

​

​

13,020

Commercial paper

​

​

20,760

​

​

—

​

​

—

​

​

20,760

Total

​

$

106,263

​

$

—

​

$

(388)

​

$

105,875

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2022

​

​

​

​

​

​

​

​

​

​

​

​

U.S. treasuries

​

$

63,331

​

$

—

​

$

(482)

​

$

62,849

Government agency securities

​

​

27,464

​

​

—

​

​

(98)

​

​

27,366

Corporate debt

​

42,006

​

​

—

​

​

(415)

​

41,591

Commercial paper

​

​

15,682

​

​

—

​

​

—

​

​

15,682

Total

​

$

148,483

​

$

—

​

$

(995)

​

$

147,488

Schedule of fair value and unrealized losses of available-for-sale securities in a loss position

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Continuous Loss Position

​

Continuous Loss Position

​

​

for Less than 12 Months

​

for 12 Months or More

​

​

​

Gross

​

​

Gross

​

​

Estimated

​

Unrealized

​

Estimated

​

Unrealized

​

​

Fair Value

​

Losses

​

Fair Value

​

Losses

​

​

​

(in thousands)

June 30, 2023

​

​

​

​

​

​

​

​

​

​

​

​

U.S. treasuries

​

$

4,681

​

$

(4)

​

$

7,361

​

$

(88)

Government agency securities

​

​

60,053

​

​

(208)

​

​

—

​

​

—

Corporate debt

​

8,312

​

(21)

​

4,708

​

(67)

Total

​

$

73,046

​

$

(233)

​

$

12,069

​

$

(155)

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2022

​

​

​

​

​

​

​

​

​

​

​

​

U.S. treasuries

​

$

39,791

​

$

(84)

​

$

23,057

​

$

(398)

Government agency securities

​

​

22,528

​

​

(86)

​

​

4,838

​

​

(12)

Corporate debt

​

19,693

​

(138)

​

21,898

​

(277)

Total

​

$

82,012

​

$

(308)

​

$

49,793

​

$

(687)

Schedule of contractual maturities of securities classified as available-for-sale

​

​	​	​	​	​	​	​
​	​	June 30, 2023
​	​	Amortized		​	Estimated
​	​	Cost		​	Fair Value
​	​	​	(in thousands)
Due in one year or less	​	$	99,537	​	$	99,192
Due after one year through two years	​	​	6,726	​		6,683
Total	​	$	106,263	​	$	105,875

Schedule of inventories

​

​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
​		2023			2022
​	​	(in thousands)
Materials	​	$	152,494	​	$	134,940
Work-in-process	​		80,446	​		68,765
Finished goods	​		11,530	​		3,203
Total	​	$	244,470	​	$	206,908

Schedule of property, plant, and equipment

​

​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
​		2023			2022
​	​	(in thousands)
Land	​	$	5,061	​	$	5,061
Building and improvements	​		64,151	​		64,198
Machinery and equipment (1)	​		166,764	​		155,533
Leasehold improvements	​		55,008	​		54,764
Gross property, plant, and equipment	​		290,984	​		279,556
Less: accumulated depreciation and amortization	​		178,991	​		172,275
Net property, plant, and equipment	​	$	111,993	​	$	107,281

(1) Machinery and equipment also includes software, furniture and fixtures

​

Schedule of changes in goodwill

​

​	​	​	​	​	​	​	​	​	​
​		Gross carrying			Accumulated			​
​	​	amount		​	impairment		​	Net amount
​		(in thousands)
Balance at December 31, 2022	​	$	430,331	​	$	248,388	​	$	181,943
Acquisition	​	​	33,021	​	​	—	​	​	33,021
Balance at June 30, 2023	​	$	463,352	​	$	248,388	​	$	214,964

Schedule of intangible assets excluding goodwill

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2023

​

December 31, 2022

​

​

​

​

​

Accumulated

​

​

​

​

​

​

​

Accumulated

​

​

​

​

Gross

Amortization

​

Gross

Amortization

​

​

​

Carrying

​

and

​

Net

​

Carrying

​

and

​

Net

​

​

Amount

​

Impairment

​

Amount

​

Amount

​

Impairment

​

Amount

​

​

(in thousands)

Technology

​

$

355,928

​

$

319,420

​

$

36,508

​

$

327,908

​

$

316,918

​

$

10,990

Customer relationships

​

​

146,925

​

​

136,528

​

​

10,397

​

​

146,465

​

​

135,415

​

​

11,050

Trademarks and tradenames

​

​

30,910

​

​

29,666

​

​

1,244

​

​

30,910

​

​

29,063

​

​

1,847

Other

​

3,746

​

3,703

​

43

​

3,686

​

3,686

​

—

Total

​

$

537,509

​

$

489,317

​

$

48,192

​

$

508,969

​

$

485,082

​

$

23,887

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

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-Topic 326
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- 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.

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- Definition

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

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Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
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