XML 42 R29.htm IDEA: XBRL DOCUMENT
v3.25.3

Revenue and Accounts Receivable, Net (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Receivables [Abstract] |
Schedule of Revenue Recognition and Net Sales to External Customers by Channel | The pattern of revenue recognition was as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Goods and services transferred at a point in time | $ | 75,652 |  |  | $ | 85,186 |  |  | $ | 224,699 |  |  | $ | 235,572 |
Goods and services transferred over time | 14,900 |  | 16,887 |  | 55,844 |  | 48,853 |
Net sales | $ | 90,552 |  |  | $ | 102,073 |  |  | $ | 280,543 |  |  | $ | 284,425 |
Our net sales to external customers by channel were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Connected home (1) | $ | 29,793 |  |  | $ | 26,368 |  |  | $ | 95,621 |  |  | $ | 73,830 |
Home entertainment (2) | 60,759 |  | 75,705 |  | 184,922 |  | 210,595 |
Net sales | $ | 90,552 |  |  | $ | 102,073 |  |  | $ | 280,543 |  |  | $ | 284,425 |
(1)The connected home channel represents climate control, smart home and security product sales sold primarily to HVAC, security, home automation and home appliance customers. (2)The home entertainment channel represents entertainment-related product sales sold primarily to video service providers, consumer electronics original equipment manufacturers ("OEMs") and retailers. It also includes sales associated with intellectual property licensing and our cloud-based software solution.
Schedule of Net Sales to External Customers by Geographic Areas | Our net sales to external customers by geographic area were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
United States | $ | 24,926 |  |  | $ | 25,833 |  |  | $ | 84,458 |  |  | $ | 71,455 |
Asia (excluding PRC) | 21,843 |  | 20,785 |  |  | 62,780 |  | 57,893 |
Europe | 23,351 |  | 22,583 |  | 70,159 |  | 60,837
Latin America | 6,737 |  | 9,164 |  | 20,095 |  | 26,888
PRC | 8,287 |  | 17,747 |  | 25,460 |  | 49,560
Other | 5,408 |  | 5,961 |  | 17,591 |  | 17,792
Total net sales | $ | 90,552 |  |  | $ | 102,073 |  |  | $ | 280,543 |  |  | $ | 284,425 |
Schedule of Accounts Receivable, Net and Changes in the Allowance for Credit Losses | Accounts receivable, net were as follows:
(In thousands) | September 30, 2025 |  | December 31, 2024
Trade receivables, gross | $ | 73,422 |  |  | $ | 93,773 |
Allowance for credit losses | (1,213) |  |  | (1,863) |
Allowance for sales returns | (283) |  |  | (383) |
Trade receivables, net | 71,926 |  |  | 91,527 |
Other (1) | 11,874 |  |  | 22,655 |
Accounts receivable, net (2) | $ | 83,800 |  |  | $ | 114,182 |
(1)Other accounts receivable is primarily comprised of supplier, supplier rebate and interest receivables. (2)Accounts receivable, net at December 31, 2023 was $112.6 million. Changes in the allowance for credit losses were as follows:
(In thousands) | Nine Months Ended September 30,
2025 |  | 2024
Balance at beginning of period | $ | 1,863 |  |  | $ | 815 |
Additions (reductions) to costs and expenses | 161 |  |  | 17 |
Cash receipts | (665) |  |  | — |
Write-offs/Foreign exchange effects | (146) |  |  | 9 |
Balance at end of period | $ | 1,213 |  |  | $ | 841 |
Schedule of Changes in Carrying Amount of Contract Liabilities | Changes in the carrying amount of contract liabilities were as follows:
(In thousands) | Three Months Ended September 30, |  | Nine Months Ended September 30,
2025 |  | 2024 |  | 2025 |  | 2024
Balance at beginning of period | $ | 4,068 |  |  | $ | 4,717 |  |  | $ | 3,237 |  |  | $ | 3,501 |
Payments received | 502 |  |  | 981 |  |  | 3,351 |  |  | 4,444 |
Revenue recognized | (1,038) |  |  | (1,697) |  |  | (3,065) |  |  | (3,922) |
Foreign exchange effects | 1 |  |  | 31 |  |  | 10 |  |  | 9 |
Balance at end of period | $ | 3,533 |  |  | $ | 4,032 |  |  | $ | 3,533 |  |  | $ | 4,032 |
Schedule of Net Sales to Customers | Net sales to the following customers totaled more than 10% of our net sales:
| Three Months Ended September 30,
| 2025 |  | 2024
| $ (thousands) |  | % of Net Sales |  | $ (thousands) |  | % of Net Sales |
Daikin Industries Ltd. | $ | 18,576 |  |  | 20.5 | % |  | $ | 12,620 |  |  | 12.4 | % |
Comcast Communications | $ | 13,489 |  |  | 14.9 | % |  | (1) |  | (1) |
Sony Corporation | (1) |  | (1) |  | $ | 10,841 |  |  | 10.6 | % |
(1) Sales associated with this customer did not total more than 10% of our net sales for the indicated period.
| Nine Months Ended September 30,
| 2025 |  | 2024
| $ (thousands) |  | % of Net Sales |  | $ (thousands) |  | % of Net Sales |
Daikin Industries Ltd. | $ | 53,171 |  |  | 19.0 | % |  | $ | 37,658 |  |  | 13.2 | % |
Comcast Communications | $ | 35,780 |  |  | 12.8 | % |  | (1) |  | (1) |
(1) Sales associated with this customer did not total more than 10% of our net sales for the indicated period.
Schedule of Trade Receivables with Significant Customers | Trade receivables associated with this significant customer that totaled more than 10% of our accounts receivable, net was as follows:
| September 30, 2025 |  | December 31, 2024 |
| $ (thousands) |  | % of Accounts Receivable, Net |  | $ (thousands) |  | % of Accounts Receivable, Net |
Daikin Industries Ltd. | $ | 10,502 |  |  | 12.5 | % |  | (1) |  | (1) |
Comcast Communications | $ | 9,133 |  |  | 10.9 | % |  | (1) |  | (1) |
(1) Trade receivables associated with this customer did not total more than 10% of our accounts receivable, net for the indicated period.

X
- Definition Schedule of Accounts Receivable by Major Customers by Reporting Segments + References No definition available. + Details
Name: | ueic_ScheduleOfAccountsReceivableByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | ueic_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration