10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000808326-12-000020 |
| Period End Date | 20111231 |
| Filing Date | 20120214 |
| Fiscal Year | 2012 |
| Fiscal Period | Q1 |
| XBRL Instance | emkr-20111231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$19.94M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$23.05M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$15.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.14M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$1.66M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsAtCarryingValue
|
$544.00K | USD | Point-in-time |
| Accounts receivable, net of allowance of $3,245 and $3,332, respectively |
AccountsReceivableNetCurrent
|
$25.73M | USD | Point-in-time |
| Accounts receivable, net of allowance of $3,245 and $3,332, respectively |
AccountsReceivableNetCurrent
|
$34.88M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$33.17M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$29.89M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$10.42M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.17M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$91.35M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$89.84M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$42.73M | USD | Point-in-time |
| Property, plant, and equipment, net |
PropertyPlantAndEquipmentNet
|
$46.79M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$20.38M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$20.38M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$5.87M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$5.41M | USD | Point-in-time |
| Equity method investment |
EquityMethodInvestments
|
$2.37M | USD | Point-in-time |
| Equity method investment |
EquityMethodInvestments
|
$242.00K | USD | Point-in-time |
| Other non-current assets, net of allowance of $3,434 and $3,641, respectively |
OtherAssetsNoncurrent
|
$3.54M | USD | Point-in-time |
| Other non-current assets, net of allowance of $3,434 and $3,641, respectively |
OtherAssetsNoncurrent
|
$4.71M | USD | Point-in-time |
| Total assets |
Assets
|
$170.30M | USD | Point-in-time |
| Total assets |
Assets
|
$163.31M | USD | Point-in-time |
| Borrowings from credit facility |
LinesOfCreditCurrent
|
$17.56M | USD | Point-in-time |
| Borrowings from credit facility |
LinesOfCreditCurrent
|
$6.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$30.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$26.58M | USD | Point-in-time |
| Warrant liability |
DerivativeLiabilitiesCurrent
|
$496.00K | USD | Point-in-time |
| Warrant liability |
DerivativeLiabilitiesCurrent
|
$601.00K | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$22.32M | USD | Point-in-time |
| Accrued expenses and other current liabilities |
AccruedLiabilitiesCurrent
|
$33.95M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$70.95M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$67.06M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$4.85M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$4.80M | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$816.00K | USD | Point-in-time |
| Other long-term liabilities |
OtherLiabilitiesNoncurrent
|
$4.00K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$76.61M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$71.86M | USD | Point-in-time |
| Commitments and contingencies (Note 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, $0.0001 par value, 5,882 shares authorized; none issued or outstanding |
PreferredStockValueOutstanding
|
- | USD | Point-in-time |
| Preferred stock, $0.0001 par value, 5,882 shares authorized; none issued or outstanding |
PreferredStockValueOutstanding
|
- | USD | Point-in-time |
| Common stock, no par value, 200,000 shares authorized; 94,228 shares issued and 94,069 shares outstanding as of December 31, 2011; 94,084 shares issued and 93,925 shares outstanding as of September 30, 2011 |
CommonStockValueOutstanding
|
$713.06M | USD | Point-in-time |
| Common stock, no par value, 200,000 shares authorized; 94,228 shares issued and 94,069 shares outstanding as of December 31, 2011; 94,084 shares issued and 93,925 shares outstanding as of September 30, 2011 |
CommonStockValueOutstanding
|
$715.15M | USD | Point-in-time |
| Treasury stock, at cost; 159 shares |
TreasuryStockValue
|
$2.08M | USD | Point-in-time |
| Treasury stock, at cost; 159 shares |
TreasuryStockValue
|
$2.08M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$1.31M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
$912.00K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-627.68M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-613.46M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$98.44M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$86.70M | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$163.31M | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$170.30M | USD | Point-in-time |
Income Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
Revenues
|
$52.11M | USD | 1 Quarter |
| Revenue |
Revenues
|
$37.45M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$33.98M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$39.43M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$12.68M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$3.47M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$8.26M | USD | 1 Quarter |
| Selling, general, and administrative |
SellingGeneralAndAdministrativeExpense
|
$7.48M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$7.19M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$6.98M | USD | 1 Quarter |
| Flood-related losses |
LossFromCatastrophes
|
- | USD | 1 Quarter |
| Flood-related losses |
LossFromCatastrophes
|
$5.70M | USD | 1 Quarter |
| Flood-related insurance proceeds |
InsuranceRecoveries
|
$5.00M | USD | 1 Quarter |
| Flood-related insurance proceeds |
InsuranceRecoveries
|
- | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$15.16M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$15.46M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-2.77M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-11.69M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$1.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
- | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$258.00K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$130.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$89.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-335.00K | USD | 1 Quarter |
| Loss from equity method investment |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Loss from equity method investment |
IncomeLossFromEquityMethodInvestments
|
$-960.00K | USD | 1 Quarter |
| Change in fair value of financial instruments |
UnrealizedGainLossOnDerivatives
|
$-272.00K | USD | 1 Quarter |
| Change in fair value of financial instruments |
UnrealizedGainLossOnDerivatives
|
$105.00K | USD | 1 Quarter |
| Other expense |
OtherNonoperatingIncomeExpense
|
$-5.00K | USD | 1 Quarter |
| Other expense |
OtherNonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-870.00K | USD | 1 Quarter |
| Total other expense |
NonoperatingIncomeExpense
|
$-895.00K | USD | 1 Quarter |
| Loss before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-12.59M | USD | 1 Quarter |
| Loss before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-3.65M | USD | 1 Quarter |
| Foreign income tax expense on capital distributions |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Foreign income tax expense on capital distributions |
IncomeTaxExpenseBenefit
|
$1.64M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-14.23M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-3.65M | USD | 1 Quarter |
| Foreign exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$401.00K | USD | 1 Quarter |
| Foreign exchange translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
|
$106.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-13.83M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-3.54M | USD | 1 Quarter |
| Net loss per basic share |
EarningsPerShareBasic
|
$-0.04 | USD | 1 Quarter |
| Net loss per basic share |
EarningsPerShareBasic
|
$-0.15 | USD | 1 Quarter |
| Net loss per diluted share |
EarningsPerShareDiluted
|
$-0.04 | USD | 1 Quarter |
| Net loss per diluted share |
EarningsPerShareDiluted
|
$-0.15 | USD | 1 Quarter |
| Weighted-average number of basic shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
85.25M | shares | 1 Quarter |
| Weighted-average number of basic shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
93.90M | shares | 1 Quarter |
| Weighted-average number of diluted shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
93.90M | shares | 1 Quarter |
| Weighted-average number of diluted shares outstanding |
WeightedAverageNumberOfDilutedSharesOutstanding
|
85.25M | shares | 1 Quarter |
Cash Flow Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Loss |
NetIncomeLoss
|
$-14.23M | USD | 1 Quarter |
| Net Loss |
NetIncomeLoss
|
$-3.65M | USD | 1 Quarter |
| Depreciation, amortization, and accretion expense |
DepreciationDepletionAndAmortization
|
$3.01M | USD | 1 Quarter |
| Depreciation, amortization, and accretion expense |
DepreciationDepletionAndAmortization
|
$2.77M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$2.18M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.12M | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$64.00K | USD | 1 Quarter |
| Provision for doubtful accounts |
ProvisionForDoubtfulAccounts
|
$-87.00K | USD | 1 Quarter |
| Provision for product warranty |
ProductWarrantyExpense
|
$172.00K | USD | 1 Quarter |
| Provision for product warranty |
ProductWarrantyExpense
|
$211.00K | USD | 1 Quarter |
| Provision for losses on inventory purchase commitments |
LossContingencyAccrualCarryingValueProvision
|
- | USD | 1 Quarter |
| Provision for losses on inventory purchase commitments |
LossContingencyAccrualCarryingValueProvision
|
$-908.00K | USD | 1 Quarter |
| Loss from equity method investment |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Loss from equity method investment |
IncomeLossFromEquityMethodInvestments
|
$-960.00K | USD | 1 Quarter |
| Change in fair value of financial instruments |
UnrealizedGainLossOnDerivatives
|
$-272.00K | USD | 1 Quarter |
| Change in fair value of financial instruments |
UnrealizedGainLossOnDerivatives
|
$105.00K | USD | 1 Quarter |
| Loss on disposal of equipment |
GainLossOnDispositionOfProperty
|
$-35.00K | USD | 1 Quarter |
| Loss on disposal of equipment |
GainLossOnDispositionOfProperty
|
- | USD | 1 Quarter |
| Flood-related losses |
LossFromCatastrophes
|
- | USD | 1 Quarter |
| Flood-related losses |
LossFromCatastrophes
|
$5.70M | USD | 1 Quarter |
| Total non-cash adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$4.68M | USD | 1 Quarter |
| Total non-cash adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$12.54M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$9.44M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$5.34M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-584.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$314.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-138.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-2.55M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-531.00K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-3.69M | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-12.54M | USD | 1 Quarter |
| Accrued expenses and other current liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$2.65M | USD | 1 Quarter |
| Total change in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$22.54M | USD | 1 Quarter |
| Total change in operating assets and liabilities |
IncreaseDecreaseInOperatingCapital
|
$3.40M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$20.85M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.43M | USD | 1 Quarter |
| Purchase of equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.28M | USD | 1 Quarter |
| Purchase of equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$984.00K | USD | 1 Quarter |
| Deposits on equipment orders |
PaymentsForDeposits
|
- | USD | 1 Quarter |
| Deposits on equipment orders |
PaymentsForDeposits
|
$1.13M | USD | 1 Quarter |
| Investment in internally-developed patents |
PaymentsToAcquireIntangibleAssets
|
$188.00K | USD | 1 Quarter |
| Investment in internally-developed patents |
PaymentsToAcquireIntangibleAssets
|
- | USD | 1 Quarter |
| Dividend from unconsolidated affiliate |
ProceedsFromDividendsReceived
|
$1.64M | USD | 1 Quarter |
| Dividend from unconsolidated affiliate |
ProceedsFromDividendsReceived
|
- | USD | 1 Quarter |
| Increase in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$1.12M | USD | 1 Quarter |
| Increase in restricted cash |
IncreaseDecreaseInRestrictedCash
|
$1.05M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.22M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.88M | USD | 1 Quarter |
| Net proceeds from (payments on) borrowings from credit facilities |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-11.55M | USD | 1 Quarter |
| Net proceeds from (payments on) borrowings from credit facilities |
ProceedsFromRepaymentsOfLinesOfCredit
|
$1.18M | USD | 1 Quarter |
| Financing cost related to issuance of credit facility |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Financing cost related to issuance of credit facility |
PaymentsOfFinancingCosts
|
$534.00K | USD | 1 Quarter |
| Proceeds from stock plans |
ProceedsFromStockPlans
|
$29.00K | USD | 1 Quarter |
| Proceeds from stock plans |
ProceedsFromStockPlans
|
$30.00K | USD | 1 Quarter |
| Payments on capital lease obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
$1.00K | USD | 1 Quarter |
| Payments on capital lease obligations |
RepaymentsOfLongTermCapitalLeaseObligations
|
- | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$678.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-11.52M | USD | 1 Quarter |
| Effect of exchange rate changes on foreign currency |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$101.00K | USD | 1 Quarter |
| Effect of exchange rate changes on foreign currency |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$217.00K | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.54M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$3.10M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.94M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$23.05M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$15.60M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.14M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$19.94M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$23.05M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$15.60M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$22.14M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaid
|
$89.00K | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaid
|
$78.00K | USD | 1 Quarter |
| Cash paid during the period for income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Cash paid during the period for income taxes |
IncomeTaxesPaid
|
$1.64M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.