XML 17 R112.htm IDEA: XBRL DOCUMENT v3.20.1
SCHEDULE I CONDENSED FINANCIAL INFORMATION OF REGISTRANT - RESULTS OF OPERATIONS (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Sales        
Net sales [1]   $ 65,623 $ 115,944 $ 98,292
Cost of net sales        
Cost of net sales   41,466 83,676 65,146
Gross profit   24,157 32,268 33,146
Operating expenses:        
Selling, general and administrative [2]   15,827 15,156 16,777
Research and development   14,467 12,745 9,853
Total operating expenses   30,294 27,901 26,630
Operating income (loss)   (6,137) 4,367 6,516
Interest income   1,337 1,749 1,177
Interest expense   (16) (47) (48)
Other income, net   872 (644) 2,976
Equity in net income (loss) of affiliated companies $ (400)   (613) (687)
Income tax benefit (expense)   31 378 (1,263)
Net income (loss) and comprehensive income (loss)   (3,913) 4,820 6,981
UTSTARCOM HOLDINGS CORP        
Operating expenses:        
Selling, general and administrative   633 697 852
Total operating expenses   633 697 852
Operating income (loss)   (633) (697) (852)
Loss before income taxes and equity in loss of affiliated companies   (633) (697) (852)
Equity in net income (loss) of affiliated companies   (3,281) 5,517 7,833
Net income (loss) and comprehensive income (loss)   $ (3,914) $ 4,820 $ 6,981
[1] The revenue recognized in the years ended December 31, 2019, 2018 and 2017 that was included in deferred revenue (including current and non-current) and customer advances as of the beginning of each respective period were $2.8 million, $4.0 million and $2.7 million, respectively.
[2] Allowances for doubtful accounts of $4.4 million, $0.8 million and reversal $0.06 million were recognized in the selling expenses in 2019, 2018 and 2017, respectively.