0001111928-21-000026.txt : 20210222 0001111928-21-000026.hdr.sgml : 20210222 20210222161145 ACCESSION NUMBER: 0001111928-21-000026 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 126 CONFORMED PERIOD OF REPORT: 20201231 FILED AS OF DATE: 20210222 DATE AS OF CHANGE: 20210222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IPG PHOTONICS CORP CENTRAL INDEX KEY: 0001111928 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 043444218 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33155 FILM NUMBER: 21660345 BUSINESS ADDRESS: STREET 1: 50 OLD WEBSTER ROAD CITY: OXFORD STATE: MA ZIP: 01540 BUSINESS PHONE: 5083731100 MAIL ADDRESS: STREET 1: 50 OLD WEBSTER ROAD CITY: OXFORD STATE: MA ZIP: 01540 10-K 1 ipgp-20201231.htm 10-K ipgp-20201231
FALSEFY20200001111928P1Y111111111111us-gaap:OtherAssetsus-gaap:OtherAssetsus-gaap:OtherLiabilitiesCurrentus-gaap:OtherLiabilitiesCurrentus-gaap:LiabilitiesNoncurrentAbstractus-gaap:LiabilitiesNoncurrentAbstractP1Y00011119282020-01-012020-12-31iso4217:USD00011119282020-06-30xbrli:shares00011119282021-02-1900011119282020-12-3100011119282019-12-31iso4217:USDxbrli:shares00011119282019-01-012019-12-3100011119282018-01-012018-12-310001111928us-gaap:CommonStockMember2017-12-310001111928us-gaap:TreasuryStockMember2017-12-310001111928us-gaap:AdditionalPaidInCapitalMember2017-12-310001111928us-gaap:RetainedEarningsMember2017-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2017-12-310001111928us-gaap:NoncontrollingInterestMember2017-12-3100011119282017-12-310001111928us-gaap:CommonStockMember2018-01-012018-12-310001111928us-gaap:AdditionalPaidInCapitalMember2018-01-012018-12-310001111928us-gaap:TreasuryStockMember2018-01-012018-12-310001111928us-gaap:AdditionalPaidInCapitalMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-12-310001111928srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2017-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMembersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-12-310001111928srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2017-12-310001111928us-gaap:NoncontrollingInterestMember2018-01-012018-12-310001111928us-gaap:RetainedEarningsMember2018-01-012018-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-01-012018-12-310001111928us-gaap:CommonStockMember2018-12-310001111928us-gaap:TreasuryStockMember2018-12-310001111928us-gaap:AdditionalPaidInCapitalMember2018-12-310001111928us-gaap:RetainedEarningsMember2018-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2018-12-310001111928us-gaap:NoncontrollingInterestMember2018-12-3100011119282018-12-310001111928us-gaap:CommonStockMember2019-01-012019-12-310001111928us-gaap:AdditionalPaidInCapitalMember2019-01-012019-12-310001111928us-gaap:TreasuryStockMember2019-01-012019-12-310001111928us-gaap:RetainedEarningsMember2019-01-012019-12-310001111928us-gaap:NoncontrollingInterestMember2019-01-012019-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-01-012019-12-310001111928us-gaap:CommonStockMember2019-12-310001111928us-gaap:TreasuryStockMember2019-12-310001111928us-gaap:AdditionalPaidInCapitalMember2019-12-310001111928us-gaap:RetainedEarningsMember2019-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2019-12-310001111928us-gaap:NoncontrollingInterestMember2019-12-310001111928us-gaap:CommonStockMember2020-01-012020-12-310001111928us-gaap:AdditionalPaidInCapitalMember2020-01-012020-12-310001111928us-gaap:TreasuryStockMember2020-01-012020-12-310001111928srt:CumulativeEffectPeriodOfAdoptionAdjustmentMemberus-gaap:RetainedEarningsMember2019-12-310001111928srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310001111928us-gaap:RetainedEarningsMember2020-01-012020-12-310001111928us-gaap:NoncontrollingInterestMember2020-01-012020-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-01-012020-12-310001111928us-gaap:CommonStockMember2020-12-310001111928us-gaap:TreasuryStockMember2020-12-310001111928us-gaap:AdditionalPaidInCapitalMember2020-12-310001111928us-gaap:RetainedEarningsMember2020-12-310001111928us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310001111928us-gaap:NoncontrollingInterestMember2020-12-310001111928ipgp:IntangibleAssetsMembersrt:MinimumMember2020-01-012020-12-310001111928srt:MaximumMemberipgp:IntangibleAssetsMember2020-01-012020-12-310001111928us-gaap:BuildingMembersrt:MinimumMember2020-01-012020-12-310001111928us-gaap:BuildingMembersrt:MaximumMember2020-01-012020-12-310001111928us-gaap:MachineryAndEquipmentMembersrt:MinimumMember2020-01-012020-12-310001111928us-gaap:MachineryAndEquipmentMembersrt:MaximumMember2020-01-012020-12-310001111928us-gaap:FurnitureAndFixturesMembersrt:MinimumMember2020-01-012020-12-310001111928us-gaap:FurnitureAndFixturesMembersrt:MaximumMember2020-01-012020-12-310001111928ipgp:NonCashAssetRelatedCostsMemberipgp:OtherRestructuringPlansMember2020-01-012020-12-310001111928ipgp:NonCashAssetRelatedCostsMemberipgp:OtherRestructuringPlansMember2019-01-012019-12-310001111928ipgp:NonCashAssetRelatedCostsMemberipgp:OtherRestructuringPlansMember2018-01-012018-12-310001111928ipgp:DemonstrationEquipmentMember2020-01-012020-12-310001111928ipgp:DemonstrationEquipmentMember2020-12-310001111928ipgp:DemonstrationEquipmentMember2019-12-310001111928ipgp:DemonstrationEquipmentMember2019-01-012019-12-310001111928ipgp:DemonstrationEquipmentMember2018-01-012018-12-310001111928srt:MinimumMember2020-01-012020-12-310001111928srt:MaximumMember2020-01-012020-12-310001111928us-gaap:EmployeeStockOptionMember2020-01-012020-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-12-31ipgp:customerxbrli:pure0001111928us-gaap:SalesMember2020-01-012020-12-310001111928us-gaap:SalesMember2019-01-012019-12-310001111928us-gaap:SalesMember2018-01-012018-12-310001111928us-gaap:AccountsReceivableMember2020-01-012020-12-310001111928us-gaap:AccountsReceivableMember2019-01-012019-12-31ipgp:customers0001111928us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2020-12-310001111928us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember2019-12-310001111928us-gaap:AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMemberus-gaap:AuctionRateSecuritiesMember2020-12-310001111928us-gaap:AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMemberus-gaap:AuctionRateSecuritiesMember2019-12-310001111928us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember2020-12-310001111928us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember2019-12-31ipgp:segment0001111928us-gaap:AccountingStandardsUpdate201613Membersrt:CumulativeEffectPeriodOfAdoptionAdjustmentMember2019-12-310001111928srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember2019-12-310001111928ipgp:MaterialsProcessingMember2020-01-012020-12-310001111928ipgp:MaterialsProcessingMember2019-01-012019-12-310001111928ipgp:MaterialsProcessingMember2018-01-012018-12-310001111928ipgp:OtherApplicationsMember2020-01-012020-12-310001111928ipgp:OtherApplicationsMember2019-01-012019-12-310001111928ipgp:OtherApplicationsMember2018-01-012018-12-310001111928ipgp:HighPowerContinuousWaveCWLasersMember2020-01-012020-12-310001111928ipgp:HighPowerContinuousWaveCWLasersMember2019-01-012019-12-310001111928ipgp:HighPowerContinuousWaveCWLasersMember2018-01-012018-12-310001111928ipgp:MediumAndLowPowerCWLasersMember2020-01-012020-12-310001111928ipgp:MediumAndLowPowerCWLasersMember2019-01-012019-12-310001111928ipgp:MediumAndLowPowerCWLasersMember2018-01-012018-12-310001111928ipgp:PulsedLasersMember2020-01-012020-12-310001111928ipgp:PulsedLasersMember2019-01-012019-12-310001111928ipgp:PulsedLasersMember2018-01-012018-12-310001111928ipgp:QuasiContinuousWaveQCWLasersMember2020-01-012020-12-310001111928ipgp:QuasiContinuousWaveQCWLasersMember2019-01-012019-12-310001111928ipgp:QuasiContinuousWaveQCWLasersMember2018-01-012018-12-310001111928ipgp:LaserAndNonLaserSystemsMember2020-01-012020-12-310001111928ipgp:LaserAndNonLaserSystemsMember2019-01-012019-12-310001111928ipgp:LaserAndNonLaserSystemsMember2018-01-012018-12-310001111928ipgp:AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember2020-01-012020-12-310001111928ipgp:AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember2019-01-012019-12-310001111928ipgp:AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember2018-01-012018-12-310001111928srt:NorthAmericaMember2020-01-012020-12-310001111928srt:NorthAmericaMember2019-01-012019-12-310001111928srt:NorthAmericaMember2018-01-012018-12-310001111928country:DE2020-01-012020-12-310001111928country:DE2019-01-012019-12-310001111928country:DE2018-01-012018-12-310001111928ipgp:OtherEuropeanGeographicalAreasMember2020-01-012020-12-310001111928ipgp:OtherEuropeanGeographicalAreasMember2019-01-012019-12-310001111928ipgp:OtherEuropeanGeographicalAreasMember2018-01-012018-12-310001111928country:CN2020-01-012020-12-310001111928country:CN2019-01-012019-12-310001111928country:CN2018-01-012018-12-310001111928country:JP2020-01-012020-12-310001111928country:JP2019-01-012019-12-310001111928country:JP2018-01-012018-12-310001111928ipgp:OtherAsianGeographicalAreasMember2020-01-012020-12-310001111928ipgp:OtherAsianGeographicalAreasMember2019-01-012019-12-310001111928ipgp:OtherAsianGeographicalAreasMember2018-01-012018-12-310001111928ipgp:RestOfWorldMember2020-01-012020-12-310001111928ipgp:RestOfWorldMember2019-01-012019-12-310001111928ipgp:RestOfWorldMember2018-01-012018-12-310001111928us-gaap:TransferredAtPointInTimeMember2020-01-012020-12-310001111928us-gaap:TransferredAtPointInTimeMember2019-01-012019-12-310001111928us-gaap:TransferredAtPointInTimeMember2018-01-012018-12-310001111928us-gaap:TransferredOverTimeMember2020-01-012020-12-310001111928us-gaap:TransferredOverTimeMember2019-01-012019-12-310001111928us-gaap:TransferredOverTimeMember2018-01-012018-12-3100011119282021-01-01us-gaap:TransferredOverTimeMember2020-12-3100011119282022-01-01us-gaap:TransferredOverTimeMember2020-12-3100011119282023-01-01us-gaap:TransferredOverTimeMember2020-12-3100011119282024-01-01us-gaap:TransferredOverTimeMember2020-12-3100011119282025-01-01us-gaap:TransferredOverTimeMember2020-12-3100011119282026-01-01us-gaap:TransferredOverTimeMember2020-12-310001111928us-gaap:TransferredOverTimeMember2020-12-310001111928ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2021-01-012020-12-310001111928ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2022-01-012020-12-3100011119282023-01-01ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2020-12-310001111928ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2024-01-012020-12-310001111928ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2025-01-012020-12-3100011119282026-01-01ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2020-12-310001111928ipgp:TransferredOverTimeVolumeDiscountIncentiveMember2020-12-3100011119282021-01-012020-12-3100011119282022-01-012020-12-3100011119282023-01-012020-12-3100011119282024-01-012020-12-3100011119282025-01-012020-12-3100011119282026-01-012020-12-310001111928us-gaap:MoneyMarketFundsMember2020-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:MoneyMarketFundsMember2020-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:MoneyMarketFundsMember2020-12-310001111928us-gaap:FairValueInputsLevel3Memberus-gaap:MoneyMarketFundsMember2020-12-310001111928us-gaap:USTreasurySecuritiesMember2020-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:USTreasurySecuritiesMember2020-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:USTreasurySecuritiesMember2020-12-310001111928us-gaap:USTreasurySecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001111928us-gaap:CommercialPaperMember2020-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialPaperMember2020-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialPaperMember2020-12-310001111928us-gaap:CommercialPaperMemberus-gaap:FairValueInputsLevel3Member2020-12-310001111928us-gaap:CorporateDebtSecuritiesMember2020-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CorporateDebtSecuritiesMember2020-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2020-12-310001111928us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2020-12-310001111928us-gaap:MunicipalBondsMember2020-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:MunicipalBondsMember2020-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:MunicipalBondsMember2020-12-310001111928us-gaap:MunicipalBondsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001111928us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember2020-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember2020-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember2020-12-310001111928us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMemberus-gaap:FairValueInputsLevel3Member2020-12-310001111928us-gaap:FairValueInputsLevel1Member2020-12-310001111928us-gaap:FairValueInputsLevel2Member2020-12-310001111928us-gaap:FairValueInputsLevel3Member2020-12-310001111928us-gaap:MoneyMarketFundsMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:MoneyMarketFundsMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:MoneyMarketFundsMember2019-12-310001111928us-gaap:FairValueInputsLevel3Memberus-gaap:MoneyMarketFundsMember2019-12-310001111928us-gaap:CommercialPaperMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialPaperMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialPaperMember2019-12-310001111928us-gaap:CommercialPaperMemberus-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:CorporateDebtSecuritiesMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CorporateDebtSecuritiesMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CorporateDebtSecuritiesMember2019-12-310001111928us-gaap:CorporateDebtSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember2019-12-310001111928us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMemberus-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:CertificatesOfDepositMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:CertificatesOfDepositMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:CertificatesOfDepositMember2019-12-310001111928us-gaap:CertificatesOfDepositMemberus-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:AuctionRateSecuritiesMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:AuctionRateSecuritiesMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:AuctionRateSecuritiesMember2019-12-310001111928us-gaap:AuctionRateSecuritiesMemberus-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:InterestRateSwapMember2019-12-310001111928us-gaap:FairValueInputsLevel1Memberus-gaap:InterestRateSwapMember2019-12-310001111928us-gaap:FairValueInputsLevel2Memberus-gaap:InterestRateSwapMember2019-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:FairValueInputsLevel1Member2019-12-310001111928us-gaap:FairValueInputsLevel2Member2019-12-310001111928us-gaap:FairValueInputsLevel3Member2019-12-310001111928us-gaap:AuctionRateSecuritiesMember2019-12-310001111928us-gaap:AuctionRateSecuritiesMember2018-12-310001111928us-gaap:AuctionRateSecuritiesMember2017-12-310001111928us-gaap:AuctionRateSecuritiesMember2020-01-012020-12-310001111928us-gaap:AuctionRateSecuritiesMember2019-01-012019-12-310001111928us-gaap:AuctionRateSecuritiesMember2018-01-012018-12-310001111928us-gaap:AuctionRateSecuritiesMember2020-12-310001111928ipgp:ContingentPurchaseConsiderationMember2019-12-310001111928ipgp:ContingentPurchaseConsiderationMember2018-12-310001111928ipgp:ContingentPurchaseConsiderationMember2017-12-310001111928ipgp:ContingentPurchaseConsiderationMember2020-01-012020-12-310001111928ipgp:ContingentPurchaseConsiderationMember2019-01-012019-12-310001111928ipgp:ContingentPurchaseConsiderationMember2018-01-012018-12-310001111928ipgp:ContingentPurchaseConsiderationMember2020-12-310001111928ipgp:PiTecMember2020-10-012020-12-310001111928ipgp:PadtecSASubmarineNetworksDivisionMember2019-01-012019-03-310001111928ipgp:GenesisMember2018-12-310001111928ipgp:GenesisMember2019-01-012019-03-310001111928ipgp:GenesisMemberus-gaap:CustomerRelationshipsMember2018-10-012018-12-310001111928ipgp:GenesisMemberipgp:TechnologyTrademarkAndTradenameMember2018-10-012018-12-310001111928ipgp:GmbHRCMember2018-06-300001111928ipgp:GmbHRCMemberus-gaap:CustomerRelationshipsMember2018-04-012018-06-300001111928ipgp:GmbHRCMemberipgp:TechnologyTrademarkAndTradenameMember2018-04-012018-06-300001111928ipgp:GmbHRCMember2018-12-310001111928ipgp:GmbHRCAndGenesisMember2018-12-310001111928ipgp:GenesisMember2018-01-012018-12-310001111928us-gaap:EmployeeSeveranceMember2018-12-310001111928us-gaap:ContractTerminationMember2018-12-310001111928us-gaap:EmployeeSeveranceMember2019-01-012019-12-310001111928us-gaap:ContractTerminationMember2019-01-012019-12-310001111928us-gaap:EmployeeSeveranceMember2019-12-310001111928us-gaap:ContractTerminationMember2019-12-310001111928us-gaap:EmployeeSeveranceMember2020-01-012020-12-310001111928us-gaap:ContractTerminationMember2020-01-012020-12-310001111928us-gaap:EmployeeSeveranceMember2020-12-310001111928us-gaap:ContractTerminationMember2020-12-3100011119282020-07-012020-09-300001111928ipgp:TransceiversMember2019-01-012019-12-310001111928ipgp:SubmarineTelecommunicationsMember2019-01-012019-12-310001111928us-gaap:CustomerRelationshipsMember2020-12-310001111928us-gaap:CustomerRelationshipsMember2020-01-012020-12-310001111928us-gaap:CustomerRelationshipsMember2019-12-310001111928us-gaap:CustomerRelationshipsMember2019-01-012019-12-310001111928ipgp:TechnologyTrademarkAndTradenameMember2020-12-310001111928ipgp:TechnologyTrademarkAndTradenameMember2020-01-012020-12-310001111928ipgp:TechnologyTrademarkAndTradenameMember2019-12-310001111928ipgp:TechnologyTrademarkAndTradenameMember2019-01-012019-12-310001111928ipgp:ProductionKnowHowMember2020-12-310001111928ipgp:ProductionKnowHowMember2020-01-012020-12-310001111928ipgp:ProductionKnowHowMember2019-12-310001111928ipgp:ProductionKnowHowMember2019-01-012019-12-310001111928us-gaap:PatentsMember2020-12-310001111928us-gaap:PatentsMember2020-01-012020-12-310001111928us-gaap:PatentsMember2019-12-310001111928us-gaap:PatentsMember2019-01-012019-12-310001111928us-gaap:LandMember2020-12-310001111928us-gaap:LandMember2019-12-310001111928us-gaap:BuildingMember2020-12-310001111928us-gaap:BuildingMember2019-12-310001111928us-gaap:MachineryAndEquipmentMember2020-12-310001111928us-gaap:MachineryAndEquipmentMember2019-12-310001111928us-gaap:FurnitureAndFixturesMember2020-12-310001111928us-gaap:FurnitureAndFixturesMember2019-12-310001111928us-gaap:ConstructionInProgressMember2020-12-310001111928us-gaap:ConstructionInProgressMember2019-12-310001111928country:US2020-12-310001111928country:US2019-12-310001111928country:DE2020-12-310001111928country:DE2019-12-310001111928country:RU2020-12-310001111928country:RU2019-12-310001111928country:BY2020-12-310001111928country:BY2019-12-310001111928country:CN2020-12-310001111928country:CN2019-12-310001111928ipgp:OtherLocationMember2020-12-310001111928ipgp:OtherLocationMember2019-12-310001111928ipgp:LongTermNoteMember2020-12-310001111928ipgp:LongTermNoteMember2019-12-310001111928us-gaap:UnsecuredDebtMember2020-12-310001111928us-gaap:LondonInterbankOfferedRateLIBORMemberus-gaap:UnsecuredDebtMember2020-01-012020-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:UnsecuredDebtMember2020-12-310001111928srt:ScenarioForecastMemberus-gaap:UnsecuredDebtMember2023-05-310001111928us-gaap:SecuredDebtMember2020-12-310001111928srt:ScenarioForecastMemberus-gaap:SecuredDebtMember2022-07-310001111928ipgp:USLineOfCreditMemberus-gaap:LetterOfCreditMember2020-12-310001111928ipgp:USLineOfCreditMemberus-gaap:LondonInterbankOfferedRateLIBORMemberus-gaap:LetterOfCreditMembersrt:MinimumMember2020-01-012020-12-310001111928ipgp:USLineOfCreditMemberus-gaap:LondonInterbankOfferedRateLIBORMembersrt:MaximumMemberus-gaap:LetterOfCreditMember2020-01-012020-12-310001111928ipgp:USLineOfCreditMember2020-12-310001111928ipgp:USLongTermNoteMember2020-01-012020-12-310001111928ipgp:USLongTermNoteMembersrt:MinimumMember2020-01-012020-12-310001111928ipgp:USLongTermNoteMembersrt:MaximumMember2020-01-012020-12-31iso4217:EUR0001111928ipgp:EuroLineOfCreditMemberus-gaap:LetterOfCreditMember2020-12-310001111928ipgp:EuroLineOfCreditMember2020-12-31ipgp:creditLine0001111928ipgp:OtherEuropeanFacilitiesMember2020-12-310001111928us-gaap:LetterOfCreditMemberipgp:OtherEuropeanFacilitiesMember2020-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:OtherAssetsMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2020-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMemberus-gaap:OtherNoncurrentLiabilitiesMember2019-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2020-01-012020-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2019-01-012019-12-310001111928us-gaap:InterestRateSwapMemberus-gaap:DesignatedAsHedgingInstrumentMember2018-01-012018-12-310001111928srt:MinimumMember2020-12-310001111928srt:MaximumMember2020-12-310001111928srt:ManagementMember2020-01-012020-12-310001111928us-gaap:SubsequentEventMember2021-02-220001111928us-gaap:CostOfSalesMember2020-01-012020-12-310001111928us-gaap:CostOfSalesMember2019-01-012019-12-310001111928us-gaap:CostOfSalesMember2018-01-012018-12-310001111928us-gaap:SellingAndMarketingExpenseMember2020-01-012020-12-310001111928us-gaap:SellingAndMarketingExpenseMember2019-01-012019-12-310001111928us-gaap:SellingAndMarketingExpenseMember2018-01-012018-12-310001111928us-gaap:ResearchAndDevelopmentExpenseMember2020-01-012020-12-310001111928us-gaap:ResearchAndDevelopmentExpenseMember2019-01-012019-12-310001111928us-gaap:ResearchAndDevelopmentExpenseMember2018-01-012018-12-310001111928us-gaap:GeneralAndAdministrativeExpenseMember2020-01-012020-12-310001111928us-gaap:GeneralAndAdministrativeExpenseMember2019-01-012019-12-310001111928us-gaap:GeneralAndAdministrativeExpenseMember2018-01-012018-12-310001111928ipgp:TwoThousandSixIncentiveCompensationPlanMember2020-12-310001111928us-gaap:PerformanceSharesMember2020-01-012020-12-310001111928srt:MinimumMemberus-gaap:PerformanceSharesMember2020-01-012020-12-310001111928srt:MaximumMemberus-gaap:PerformanceSharesMember2020-01-012020-12-310001111928srt:MinimumMember2019-01-012019-12-310001111928srt:MaximumMember2019-01-012019-12-310001111928srt:MinimumMember2018-01-012018-12-310001111928srt:MaximumMember2018-01-012018-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2017-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2018-01-012018-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2018-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2019-01-012019-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2019-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2020-12-310001111928ipgp:TSRPerformanceSharesMember2020-01-012020-12-310001111928ipgp:TSRPerformanceSharesMember2019-01-012019-12-310001111928ipgp:TSRPerformanceSharesMember2018-01-012018-12-310001111928ipgp:TSRPerformanceSharesMember2020-12-310001111928ipgp:TSRPerformanceSharesMember2019-12-310001111928ipgp:TSRPerformanceSharesMember2018-12-310001111928ipgp:TSRPerformanceSharesMember2017-12-310001111928us-gaap:PerformanceSharesMember2020-12-310001111928ipgp:OCFPerformanceSharesMember2020-01-012020-12-310001111928ipgp:OCFPerformanceSharesMember2020-12-310001111928ipgp:OCFPerformanceSharesMember2019-12-310001111928us-gaap:EmployeeStockMember2020-01-012020-12-310001111928us-gaap:EmployeeStockMember2020-12-310001111928us-gaap:EmployeeStockMember2019-01-012019-12-310001111928us-gaap:EmployeeStockMember2018-01-012018-12-310001111928us-gaap:ForeignCountryMember2020-01-012020-12-310001111928us-gaap:ForeignCountryMember2019-01-012019-12-310001111928ipgp:StateMember2020-12-310001111928ipgp:StateMember2019-12-310001111928us-gaap:ForeignCountryMember2020-12-310001111928us-gaap:ForeignCountryMember2019-12-310001111928ipgp:MenaraNetworksMember2016-12-310001111928ipgp:MenaraNetworksMember2020-12-310001111928ipgp:MenaraNetworksMember2019-12-310001111928country:USsrt:MinimumMember2020-01-012020-12-310001111928country:USsrt:MaximumMember2020-01-012020-12-310001111928country:DEsrt:MinimumMember2020-01-012020-12-310001111928country:DEsrt:MaximumMember2020-01-012020-12-310001111928srt:MinimumMembercountry:RU2020-01-012020-12-310001111928srt:MaximumMembercountry:RU2020-01-012020-12-310001111928us-gaap:EmployeeStockOptionMember2020-01-012020-12-310001111928us-gaap:EmployeeStockOptionMember2019-01-012019-12-310001111928us-gaap:EmployeeStockOptionMember2018-01-012018-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2019-01-012019-12-310001111928us-gaap:RestrictedStockUnitsRSUMember2018-01-012018-12-310001111928us-gaap:PerformanceSharesMember2020-01-012020-12-310001111928us-gaap:PerformanceSharesMember2019-01-012019-12-310001111928us-gaap:PerformanceSharesMember2018-01-012018-12-310001111928ipgp:ShareRepurchaseProgram2019Member2020-12-310001111928ipgp:ShareRepurchaseProgram2018Member2019-02-280001111928us-gaap:AirTransportationEquipmentMemberipgp:AircraftLeasedMembersrt:ChiefExecutiveOfficerMember2017-07-012017-07-310001111928us-gaap:AirTransportationEquipmentMemberipgp:Aircraft2017LeaseMembersrt:ChiefExecutiveOfficerMember2020-01-012020-12-310001111928us-gaap:AirTransportationEquipmentMemberipgp:AircraftLeasedMembersrt:ChiefExecutiveOfficerMember2020-01-012020-12-310001111928us-gaap:AirTransportationEquipmentMemberipgp:AircraftLeasedMembersrt:ChiefExecutiveOfficerMember2019-01-012019-12-310001111928us-gaap:AirTransportationEquipmentMemberipgp:AircraftLeasedMembersrt:ChiefExecutiveOfficerMember2018-01-012018-12-310001111928us-gaap:AirTransportationEquipmentMemberipgp:AircraftLeasedMembersrt:DirectorMember2020-12-310001111928us-gaap:AirTransportationEquipmentMemberipgp:AircraftLeasedMembersrt:DirectorMember2019-12-310001111928ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMembersrt:DirectorMember2020-01-012020-12-310001111928ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMembersrt:DirectorMember2019-01-012019-12-310001111928ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMembersrt:DirectorMember2018-01-012018-12-310001111928ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMembersrt:DirectorMember2020-12-310001111928ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMembersrt:DirectorMember2019-12-310001111928ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMembersrt:DirectorMember2020-01-012020-12-310001111928ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMembersrt:DirectorMember2019-01-012019-12-310001111928ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMembersrt:DirectorMember2018-01-012018-12-310001111928ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMembersrt:DirectorMember2020-12-310001111928ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMembersrt:DirectorMember2019-12-3100011119282020-01-012020-03-3100011119282020-04-012020-06-3000011119282020-10-012020-12-3100011119282019-01-012019-03-3100011119282019-04-012019-06-3000011119282019-07-012019-09-3000011119282019-10-012019-12-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
(Mark One)
☑ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2020
OR
☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to .
Commission File Number: 001-33155
ipgp-20201231_g1.jpg
IPG PHOTONICS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 04-3444218
(State or other jurisdiction of
incorporation or organization)
(IRS Employer
Identification No.)
50 Old Webster Road, Oxford, Massachusetts
 01540
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (508) 373-1100
Securities registered pursuant to Section 12(b) of the Act:
Title of ClassTrading SymbolName of Exchange on Which Registered
Common Stock, Par Value $0.0001 per shareIPGPThe Nasdaq Stock Market LLC
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes   ☑       No  ☐
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.    Yes  ☐        No  ☑
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ☑        No  ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).    Yes  ☑        No  ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or emerging growth company. See definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
Large accelerated filer 
☑
Accelerated filer
☐
Non-accelerated filer
☐
Smaller reporting company
☐
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐  
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.  ☑ 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).    Yes  ☐        No  ☑
The aggregate market value of the registrant's common stock held by non-affiliates of the registrant was approximately $5.7 billion, calculated based upon the closing price as reported by the Nasdaq Global Select Market on June 30, 2020. For purposes of this disclosure, shares of common stock held by persons who own 5% or more of the outstanding common stock and shares of common stock held by each officer and director have been excluded in that such persons may be deemed to be "affiliates" as that term is defined under the Rules and Regulations of the Exchange Act. This determination of affiliate status is not necessarily conclusive.
As of February 19, 2021, 53,533,592 shares of the registrant's common stock were outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the registrant's Proxy Statement for its 2021 Annual Meeting of Stockholders to be filed pursuant to Regulation 14A within 120 days of the end of the registrant's fiscal year ended December 31, 2020 are incorporated by reference into Part III of this Annual Report on Form 10-K to the extent stated herein.

TABLE OF CONTENTS
 
PART I
ITEM 1.BUSINESS
ITEM 1A.RISK FACTORS
ITEM 1B.UNRESOLVED STAFF COMMENTS
ITEM 2.PROPERTIES
ITEM 3.LEGAL PROCEEDINGS
ITEM 4.MINE SAFETY DISCLOSURES
PART II
ITEM 5.MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
ITEM 6.RESERVED
ITEM 7.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
ITEM 7A.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
ITEM 9.CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
ITEM 9A.CONTROLS AND PROCEDURES
ITEM 9B.OTHER INFORMATION
PART III
ITEM 10.DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
ITEM 11.EXECUTIVE COMPENSATION
ITEM 12.SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
ITEM 13.CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
ITEM 14.PRINCIPAL ACCOUNTING FEES AND SERVICES
PART IV
ITEM 15.EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
ITEM 16.FORM 10-K SUMMARY
SIGNATURES
INDEX TO FINANCIAL STATEMENTS
F-1

1
This Annual Report on Form 10-K contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and we intend that such forward-looking statements be subject to the safe harbors created thereby. For this purpose, any statements contained in this Annual Report on Form 10-K except for historical information are forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "target," "project," "intend," "plan," "seek," "strive," endeavor," goal," "could," "estimate," or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to projections of our future financial performance, trends in our businesses, or other characterizations of future events or circumstances are forward-looking statements.
The forward-looking statements included herein are based on current expectations of our management based on available information and involve a number of risks and uncertainties, all of which are difficult or impossible to accurately predict and many of which are beyond our control. As such, our actual results may differ significantly from those expressed in any forward-looking statements. Factors that may cause or contribute to such differences include, but are not limited to, those discussed in more detail in Item 1 (Business) and Item 1A (Risk Factors) of Part I and Item 7 (Management's Discussion and Analysis of Financial Condition and Results of Operations) of Part II of this Annual Report on Form 10-K. Readers should carefully review these risks, as well as the additional risks described in other documents we file from time to time with the Securities and Exchange Commission (the "SEC"). In light of the significant risks and uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by us or any other person that such results will be achieved, and readers are cautioned not to rely on such forward-looking information. We undertake no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
2
PART I
ITEM 1.    BUSINESS
Our Company
IPG Photonics Corporation ("IPG", the "Company", the "Registrant", "we", "us" or "our") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, primarily in materials processing. Fiber lasers are a type of laser that combine the advantages of semiconductor diodes, such as long life and high efficiency, with the high amplification and precise beam qualities of specialty optical fibers to deliver superior performance, reliability and usability.
Our portfolio of laser solutions are used in materials processing, communications, medical and advanced applications. We sell our products globally to original equipment manufacturers ("OEMs"), system integrators and end users. We market our products internationally, primarily through our direct sales force. Our major manufacturing facilities are located in the United States, Germany, Russia and Belarus. We have sales service offices and applications laboratories worldwide.
We are vertically integrated. We design and manufacture most of the key components used in our finished products, from semiconductor diodes to optical fiber preforms, finished fiber lasers and amplifiers. We manufacture complementary products used with our lasers including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors and chillers. We offer laser-based and non-laser based systems for certain markets and applications. Our vertically integrated operations allow us to reduce manufacturing costs, control quality, rapidly develop and integrate advanced products and protect our proprietary technology.
We are listed on the Nasdaq Global Select Market (ticker: IPGP). We began operations in 1990, and we were incorporated in Delaware in 1998. Our principal executive offices are located at 50 Old Webster Road, Oxford, Massachusetts 01540, and our telephone number is (508) 373-1100.
Industry Overview
Laser technology has revolutionized a broad range of applications and products in manufacturing, automotive, aerospace, medical, research, consumer electronics, semiconductors and communications. A laser converts electrical energy to optical energy that can be focused and shaped, creating a powerful, concentrated beam that causes materials to melt, vaporize or change their character. In a laser, an energy source excites or pumps a gain medium, which converts the energy from the source into an emission consisting of particles of light, called photons, at particular wavelengths. Lasers provide flexible, non-contact and high-speed ways to process and treat various materials and enable automated production, miniaturization and increasing product complexity.
Lasers are utilized in materials processing applications requiring very high power densities, such as cutting, welding, marking, engraving, additive manufacturing, ablation and cleaning, printing, drilling and cladding. Historically, machine tools such as grinding machines, mechanical saws, milling machines, lathes, presses, water jet cutters, plasma cutters and welding machines have been used to cut, combine, form or otherwise process metal in the production of finished goods such as automobiles, consumer appliances, electronics and heavy machinery. Laser-based systems are increasingly gaining share within the materials processing market because of the greater precision, processing speeds and flexibility enabled by this technology. Beyond materials processing, lasers are well-suited for imaging and inspection applications and the ability to confine laser light to narrow wavelengths makes them particularly effective in medical, non-destructive inspection and sensing applications.
Fiber Lasers
Fiber lasers use semiconductor diodes as the energy source to pump a gain medium consisting of specialty optical fibers, which are infused with rare earth ions. These fibers are called active fibers and are comparable in diameter to a human hair. The laser emission is created within optical fibers and delivered through a flexible optical fiber cable. As a result of their different design and components, fiber lasers are more reliable, efficient, robust, compact and easier to operate than gas, crystal and solid state lasers that were initially used in industrial applications. In addition, fiber lasers free the end users from fine mechanical adjustments and the high maintenance costs that are typical for other laser technologies.
Although low power fiber lasers were introduced four decades ago, their increased adoption in the last twenty years has been driven primarily by our improvements in their output power levels and cost, as well as their superior performance, lower cost of ownership and greater reliability compared with other laser and non-laser technologies. We successfully increased output power levels, efficiency and reliability by improving optical components such as diodes and active fibers that increased their power capacities and improved their performance. Fiber lasers now offer output powers that exceed those of other laser technologies in many categories. Our substantial advancements in diode technology, packaging design and other optical
3
components together with increased production volumes over the last two decades reduced the cost and increased the reliability of our products. As a result, the average cost per watt of output power has decreased dramatically and our fiber lasers effectively compete in many applications that used other laser technologies and non-laser solutions historically. We believe that fiber lasers provide a combination of benefits that include: superior performance; enhanced end user productivity; lower cost of ownership; greater ease of use; a more compact footprint; and greater choice of wavelengths and more precise beam control. There remain applications and processes where other laser and non-laser technologies may provide superior performance with respect to particular features or applications notwithstanding the benefits offered by fiber lasers.
Our Competitive Strengths
Our key strengths and competitive advantages include the following:
World's Leading Producer of Fiber Laser Technology.   As a pioneer and technology leader in fiber lasers, we are able to leverage our scale to reduce costs for our customers and drive the proliferation of fiber lasers in existing and new applications.
Vertically Integrated Development and Manufacturing.    We develop and manufacture most of our key high-volume specialty components, along with optical heads and other products used in conjunction with our lasers, which we believe enhances our ability to meet customer requirements, reduce costs and accelerate product development.
Manufacturing Scale. We have invested extensively in our production capabilities allowing us to efficiently manufacture and deliver large volumes of fiber lasers in short delivery cycles which provide us with a competitive advantage.
Breadth and Depth of Expertise.   Our extensive know-how in materials sciences and experience in optical, electrical, mechanical and semiconductor engineering enable us to develop and manufacture proprietary components, products, accessories and systems and assist customers in improving their manufacturing using our fiber lasers.
Broad Product Portfolio and Ability to Meet Customer Requirements.  Our broad range of standard and custom fiber lasers operating at various wavelengths and pulse durations allow us to meet varied customer requirements. Further, our vertically integrated manufacturing and broad technology expertise allow us to design, prototype and commence high-volume production of our products rapidly.
Diverse Customer Base, End Markets and Applications.    Our diverse customer base, end markets and applications provide us with many growth opportunities. In 2020, we shipped products to thousands of customers worldwide. Our principal end markets and representative applications within those markets include:
4
Materials Processing Markets
End MarketApplicationsPrincipal Products
General manufacturingFlat sheet, tube and 3D cuttingContinuous Wave ("CW") lasers (1-20 kW)
Welding, brazing and hardeningCW lasers (1-100 kW)
Marking, engraving and printingNanosecond ("NS") pulsed lasers (10-100 W)
3D printingCW lasers (200-1,000 W)
Ablation and cleaningNS pulsed lasers (100-2000 W)
AutomotiveCutting of high-strength steel and aluminumCW lasers (1-20 kW)
Welding tailored blanks, frames and auto partsCW lasers (1-50 kW)
Seam welding and brazingCW lasers and IPG systems
Electric vehicle battery processingCW lasers and NS pulsed lasers
Consumer goodsMicro welding, cutting and markingQuasi-CW ("QCW") lasers and NS pulsed lasers
Marking of plastic and non-metal materialUltraviolet pulsed lasers
Medical devicesStent, pacemaker and device manufacturingCW lasers and NS pulsed lasers
Energy and Renewable EnergyHardening and welding of pipesCW lasers (4-50 kW)
Cladding of turbine blades and drill bitsCW lasers (1-20 kW) and IPG systems
Solar cell processingGreen pulsed lasers
Aerospace, rail andWelding titanium, welding/cutting thick platesCW lasers (1-50 kW) and IPG systems
shipbuildingPercussion drilling of partsQCW lasers
Non-destructive inspectionGenesis systems
Micro electronicsWafer inspection and annealingCW lasers and NS pulsed lasers
Processing of glass, ceramics, sapphire, siliconPicosecond ("PS") pulsed lasers
Other Markets
End MarketApplicationsPrincipal Products
Aerospace and defense Directed energySingle-Mode CW lasers, amplifiers and diodes
EntertainmentLaser cinema projectionRGB luminaire laser system
ScientificSensing, spectroscopy and researchMid-infrared and other lasers
Medical proceduresGeneral surgery, urology and soft tissueThulium lasers
Skin, wrinkle/hair removal, dentalErbium and diode lasers
CommunicationsDatacom and telecom network infrastructureOptical transceivers
Terrestrial and satellite broadbandOptical amplifiers and raman lasers

Products
We design and manufacture a broad range of high-performance fiber lasers and amplifiers. We also make packaged diodes, direct diode lasers, laser and non-laser systems and communications components and systems. Many of our products are designed to be used as general-purpose energy or light sources, making them useful in diverse applications and markets.
Our laser products are based on a common proprietary technology platform using many of the same core components, such as semiconductor diodes and specialty fibers, which we configure to our customers' specifications. Our engineers and scientists work closely with OEMs, system integrators and end users to develop and customize our products for their needs. Because of our flexible and modular product architecture, we offer products in different configurations according to the desired application, including modules, rack-mounted units and tabletop units. Our engineers and other technical experts work directly with the customer in our application and development centers to develop and configure the optimal solution for each customer's requirements. We also manufacture certain complementary products that are used with our lasers, such as optical delivery cables, fiber couplers, beam switches, optical processing heads and chillers.
5
Lasers
Our laser products include medium (1 to 999 watts) and high (1,000 watts and above) output power lasers from 0.3 to 4.5 microns in wavelength. These lasers may be CW, QCW or pulsed. Our pulsed line includes NS, PS and femtosecond lasers. We offer lasers with different gain mediums and wavelengths. The gain mediums are ytterbium, erbium and thulium, as well as Raman and hybrid fiber-solid state lasers using our crystal technology. We produce hybrid fiber-solid state lasers at green and ultraviolet wavelengths for a range of micro processing applications and in the mid-IR spectrum for sensing, imaging and spectroscopy applications. We also sell fiber pigtailed packaged diodes and fiber coupled direct diode laser systems that use semiconductor diodes rather than optical fibers as their gain medium. In addition, we offer high-energy pulsed lasers, multi-wavelength lasers, tunable lasers, single-polarization and single-frequency lasers, as well as other versions of our products.
We believe that we produce the highest power solid-state lasers in the industry. Our ytterbium fiber lasers reach power levels of up to 120,000 watts. We also make single-mode and low-mode output ytterbium fiber lasers with power levels of up to 20,000 watts and single-mode, erbium and thulium fiber lasers with power levels of up to 1,000 watts.
For 2020 fiscal year, high power continuous wave ("CW") lasers accounted for 54% of revenue and were 56% and 62% of revenue, in 2019 and 2018, respectively. Pulsed lasers accounted for 13%, 11%, and 11% of revenue in 2020, 2019 and 2018, respectively.
Accessories
We manufacture and sell accessories that include high power optical fiber delivery cables, fiber couplers, beam switches, chillers and scanners for our fiber lasers. We are expanding our line of cutting and welding optical processing heads for use with our fiber lasers and sell devices for in-line coherent monitoring for welding.
Systems
Besides selling laser sources, we also offer integrated laser systems for particular geographic markets or custom-developed for a customer's manufacturing requirements. We offer 2D compact flat sheet cutter systems and multi-axis systems for fine welding, cutting and drilling. We produce high precision laser systems for the medical device industry. We also offer a welding seam stepper and picker, which is an automated fiber laser welding tool providing customers increased processing speeds, better quality and the elimination of certain clamping tools. In 2018, we acquired Genesis Systems Group LLC (United States), a leader in the integration of laser and non-laser robotic welding and automation solutions, and Robot Concept GmbH (Germany), an integrator of laser-based systems. IPG also develops and sells specialized fiber laser systems for unique material processing applications as requested by customers desiring a complete laser-based solution, including orbital welding, pipe welding and remote welding. The platforms include robotic and multi-axis workstations for welding, cutting and cladding, flatbed cutting systems, and diode markers. For the 2020, 2019 and 2018 fiscal years, laser and non-laser systems accounted for 8%, 11%, and 4%, respectively, of revenues.
Other Products
We produce optical amplifiers, which are predominantly deployed in broadband networks, ranging from milliwatts to up to 1,500 watts of output power from 1 to 2 microns in wavelength. We offer erbium-doped fiber amplifiers ("EDFAs"), Raman amplifiers and integrated communications systems that incorporate our amplifiers. We also offer ytterbium and thulium specialty fiber amplifiers and broadband light sources that are used in advanced applications. Our fiber amplifiers offer some of the highest output power levels and highest number of optical outputs in the industry.
We also sell optical transceiver and transponder modules for communications applications. These optical subsystems provide the interface for interconnecting electronic equipment including Ethernet switches, IP routers and SONET/SDH optical transport modules within telecommunications, cable multi-system operator ("MSO") and data center networking applications.
Our Markets
We broadly classify our principal end markets as material processing, advanced applications, communications and medical procedures. The following table shows the allocation of our net sales (in thousands) among our principal markets:
6
 Year Ended December 31,
 202020192018
  % of Total % of Total % of Total
Materials processing$1,082,478 90.2 %$1,229,211 93.5 %$1,374,448 94.1 %
Advanced applications63,859 5.3 %40,779 3.1 %43,469 3.0 %
Communications23,144 1.9 %30,111 2.3 %34,397 2.4 %
Medical procedures31,243 2.6 %14,480 1.1 %7,560 0.5 %
Total$1,200,724 100.0 %$1,314,581 100.0 %$1,459,874 100.0 %
These estimates are based upon customer information and when customer information has not been provided, upon our best information and belief.
Materials Processing
The most significant materials processing applications for fiber lasers are cutting, welding and brazing, marking and engraving, additive manufacturing such as 3D printing and ablation. Other applications include precision processing, surface treatment, drilling and annealing.
Cutting and Welding Applications.    Laser-based cutting technology has several advantages compared to alternative technologies. Laser cutting is fast, flexible and highly precise and can be used to cut complex contours on flat, tubular or three-dimensional materials. The laser source can be programmed to process many different kinds of materials such as steel, aluminum, brass, copper, glass, ceramic and plastic at various thicknesses. Laser cutting technology is a non-contact process that is easy to integrate into an automated production line and is not subject to wear of the cutting medium. We sell low, mid and high power ytterbium fiber lasers for laser cutting. High electrical efficiency, low maintenance and operating cost, high beam quality, wide operating power range, power stability and small spot size are some of the qualities offered by IPG fiber lasers for many cutting applications, which enable customers to cut a variety of materials faster.
Laser welding offers several important advantages compared to conventional welding technology as it is non-contact, precise, easy to automate, provides high process speed and results in narrow-seamed, high-quality welds that generally require little or no post-processing machining. The high beam quality of our fiber lasers coupled with high CW power offer deep penetration welding as well as shallow conduction mode welding. Lasers allow for precise welding required in battery manufacturing or the small components used in consumer electronics. In addition, fiber lasers enable remote welding "on the fly," a flexible method of three-dimensional welding in which the laser beam is positioned by a robot-guided scanner. Remote welding stations equipped with fiber lasers are used for welding door panels, seat backs, spot and lap welds over the entire auto body frame ("body-in-white") and tailor welded blanks for automotive applications. Our products are used also for laser brazing of visible joints in automobiles such as tailgates, roof joints and columns. Brazing is a method of joining sheet metal by using a melted filler material similar to soldering but requiring higher temperatures.
3D Printing. Historically, metalworking has been performed with processes that remove material to produce component parts. The development of 3D printing technology enables the production of three-dimensional objects from digital design data through an additive manufacturing process, which builds up components in layers using materials that are available in fine powder form. 3D printers take advantage of improvements in computing power and motion and process control to deposit a range of materials, including metals, plastics and composite materials, accurately at high speed. Within metal-based 3D printing processes that include laser metal deposition (LMD) and selective laser melting (SLM), a laser beam is used to fuse metallic powder at points defined by computer-generated design data. 3D printing permits highly complex structures, with a high degree of customization capability and significantly less waste than subtractive manufacturing processes.  
Marking and Engraving.    With the increasing need for source traceability, component identification and product tracking as a means of reducing product liability and preventing falsification, as well as the demand for modern robotic production systems, manufacturers increasingly demand laser marking systems capable of applying serialized alphanumeric, graphic or bar code identifications directly onto their manufactured components. Laser engraving is similar to marking but forms deeper grooves in the material. In contrast to conventional acid etching and ink-based technologies, lasers can mark a wide variety of metal and non-metal materials, such as ceramic, glass and plastic surfaces, at high speeds and without contact by changing the surface structure of the material or by engraving. Laser marking systems can be easily integrated into a customer's production process and do not subject the item being marked to mechanical stress. In addition, we make high powered lasers for ablation and cleaning applications.
Micro-materials processing. In the semiconductor industry, lasers typically are used as the light source in microlithography and for annealing, dicing, drilling, lift-off and marking of wafers. In the electronics industry, lasers typically are used to cut, join, mark, scribe or otherwise process a variety of materials that include ceramics, metals, plastics, silicon, and
7
sapphire among others. Consumer electronic devices such as mobile phones, computers and handheld computers contain many parts that are laser-cut, marked or welded. In the photovoltaic or solar panel industry, pulsed lasers are used to remove materials and to scribe, or cut, solar cells. The high beam quality, increased peak output powers, flexible fiber delivery and competitive price of fiber lasers have accelerated the adoption of fiber lasers in these low power applications.
Precision Processing.    The trend toward miniaturization in numerous industries such as consumer electronics, as well as innovations in materials and structures, is driving end users to utilize lasers in processing and fabrication. The ability of lasers to cut, weld, drill, ablate, etch and add materials on a fine scale is enabling new technologies and products across many industries. Our low power CW and QCW lasers are used to cut medical stents and weld medical batteries. In photovoltaic manufacturing, our lasers etch and perform edge isolation processes. The aerospace industry requires precise manufacturing of engine parts so that cooling is effective and aerospace manufacturers use lasers to conduct percussion drilling. Processing of plastics and semi-conductors require short pulse and high energy lasers, in the green, UV and mid-IR wavelengths.
Advanced Applications
Our fiber lasers and amplifiers are utilized by commercial firms and by academic and government institutions worldwide for advanced and scientific applications. These markets may sell specialty products developed by us or our commercial products. Representative applications include directed energy, spectroscopy, optical trapping, remote sensing, LIDAR and materials characterization. Our visible lasers can be used in cinema projection, amusement parks, planetariums and light shows.
Communications
We design and manufacture optical amplifiers and optical transceiver and transponder modules for communications applications. IPG's fiber amplifiers are deployed in some of the world's largest broadband networks, supporting high speed data, voice, video on demand and high definition television applications. We provide a broad range of high power products for these applications including erbium doped fiber amplifiers and Raman lasers. We also produce optical transceiver and transponder modules based upon proprietary tunable lasers, photonic integrated circuits and mixed signal coherent DSP-ASIC designs, intended to simplify optical networks and reduce customer capital costs. These configurable modules are designed to operate at 10G and 100G coherent transmission rates, with higher speed modules under development. These products are deployed in data center operations and optical network systems.
Medical Procedures
We sell our commercial fiber and diode laser modules, subassemblies and complete systems to OEMs that incorporate our products into their medical products. Our ultrafast, CW and QCW ytterbium, erbium, thulium fiber lasers and hybrid lasers with power from 1 to 200 watts and diode laser systems can be used in various medical and biomedical applications. We have also developed and are now selling medical laser systems and fibers for surgical applications, including benign prostatic hyperplasia and lithotripsy, as an OEM and, in certain territories, as an IPG-branded product. Aesthetic applications addressed by IPG lasers include skin rejuvenation, hair removal, and treatment of pigmented and vascular lesions.

Technology
Our products are based on our proprietary technology platform that we have developed and refined since our formation. The following technologies are key elements in our products.
Specialty Optical Fibers
We have extensive expertise in the disciplines and techniques that form the basis for the multi-clad active and passive optical fibers used in our products. We believe that our large portfolio of specialty active and passive optical fibers has a number of advantages as compared to other commercially available optical fibers.
Semiconductor Diode Laser Processing and Packaging Technologies
We use multiple multi-mode, or broad area, single-emitter diodes rather than diode bars or stacks as a pump source. We believe that multi-mode single-emitter diodes are the most efficient and reliable pumping source presently available, surpassing diode bars and stacks in efficiency, brightness and reliability. Single-emitter diodes have substantially reduced cooling requirements and typically have long lifetimes at high operating currents, compared to typical lifetimes of diode bars.
We developed advanced molecular beam epitaxy techniques to grow alumina indium gallium arsenide wafers for our diodes. This method yields high-quality optoelectronic material for low-defect density and high uniformity of optoelectronic parameters. In addition, we have developed numerous proprietary wafer processes and testing and qualification procedures in order to create a high energy output in a reliable and high power diode. Our diode is packaged to dissipate heat produced by the
8
diode and withstands vibration, shock, high temperature, humidity and other environmental conditions, enabling world-class reliability and efficiency of the products.
Specialty Components and Combining Techniques
We developed a wide range of advanced optical components that are capable of handling high optical power levels and contribute to the superior performance, efficiency and reliability of our products. In addition to fibers and diodes, our optical component portfolio includes fiber gratings, couplers, isolators, combiners, and crystals. We also developed special methods and expertise in splicing fibers together with low optical energy loss and on-line loss testing. We believe that our internal development and manufacturing of key optical components allows us to lower our manufacturing costs and improve product performance and reliability.
Side Pumping of Fibers and Fiber Block Technologies
Our technology platform allows us to efficiently combine a large number of multi-mode single-emitter semiconductor diodes with our active optical fibers that are used in all of our products. A key element of this technology is that we pump our fiber lasers through the cladding surrounding the active core. We splice our specialty active optical fibers with other optical components and package them in a sealed box, which we call a fiber block. The fiber blocks are compact and are designed to eliminate the risk of contamination or misalignment due to mechanical vibrations and shocks as well as temperature or humidity variations. Our design is scalable and modular, permitting us to make products with high output power by coupling a large number of diodes with fiber blocks, which can be combined in parallel and serially.
High-Stress Testing
We employ high-stress techniques in testing components and final products that help increase reliability and accelerate product development. For example, we test all of our diodes with high current and temperatures to identify and eliminate potentially unreliable diodes. We also have built a large database of diode test results that allows us to predict the estimated lifetime of our diodes. This testing allows us to eliminate defective diodes prior to further assembly and thus increase reliability.
Research and Development
We perform research and development to develop new products or components, improve existing products or components, develop new applications for our products and improve our manufacturing processes.
We research, develop and manufacture most of the key components of our lasers. In addition to our cladding-pumped specialty fiber platform, we have core competencies in high power multi-mode and single-mode semiconductor laser diodes, diode packaging, specialty active and passive optical fibers, high-performance optical components, crystal growth and processing, fiber gain blocks and fiber modules, thin film optical coatings, as well as splicing and combining techniques and high-stress test methods. The strategy of developing our proprietary components has allowed us to leverage our optical experience and large volume requirements to lower the cost of our products.
Our research and development supports expanding and improving our product line by increasing power levels, improving beam quality and electrical efficiency, decreasing the size of our products and lowering the cost per watt. We are engaged in research projects to expand the spectral range of products that we offer. We are investing our research and development funds on laser systems, products for medical applications, and telecommunications products and components.
We have assembled a team of scientists and engineers with specialized experience and knowledge in fiber lasers and amplifiers, materials science, optics, critical components, testing and manufacturing process design, and laser application development. Our team of experienced scientists and engineers works closely with many of our customers to develop and introduce custom products and laser processing that address specific applications and performance requirements.
We incurred research and development costs of approximately $126.9 million, $130.0 million and $122.8 million for the years ended December 31, 2020, 2019 and 2018, respectively. We expect to continue our commitment to research and development and to introduce new products, systems and complementary products. See Item 7, "Management's Discussion and Analysis of Financial Condition of Results of Operations."
Intellectual Property
We rely on the technical expertise, creativity, and knowledge of our personnel, and therefore, we utilize trade secret, patent, trademark, copyright and contractual protections to maintain our competitive position and protect our proprietary rights in our products and technology. While our intellectual property rights are important to our success, we believe that our business as a whole is not materially dependent on any particular patent, trademark, copyright or other intellectual property right. IPG has used, registered or applied to register a number of trademark registrations in the United States and in other countries.
9
As of December 31, 2020, we have over 500 patents issued and over 475 pending patent applications worldwide. Intellectual property rights, including those that we own, those that we license and those of others, involve significant risks. See Item 1A, "Risk Factors — In the past, we were subject to litigation alleging that we infringed third-party intellectual property rights. Intellectual property claims could result in costly litigation and harm our business" and "Risk Factors — Our inability to protect our intellectual property and proprietary technologies could result in the unauthorized use of our technologies by third parties, hurt our competitive position and adversely affect our operating results."
Manufacturing
Vertical integration is one of our core business strategies through which we control our proprietary processes and technologies as well as the supply of key components and assemblies. Our vertically integrated manufacturing operations include the manufacturing or assembly of optical preforms, specialty fiber, semiconductor wafers, laser diodes and packaged laser diodes, specialty optical components, fiber blocks, fiber laser modules, power supplies, circuit boards, electronics and control systems and software, crystals, chillers, housings and cabinets and final assembly of finished product. In addition, we make some of the automated production systems, tools and fixtures and testing systems that we use in our own manufacturing processes. Over the last several years, we added additional production capabilities, including multi-wafer growth reactors, diode test stations, fiber preform and fiber drawing equipment and low, mid and high power laser production and testing, in order to increase our capacity as well as reduce the risks associated with our production processes.
We operate our own semiconductor foundry for the production of the multi-mode single-emitter diodes. We also process, package and extensively test all of our diodes. We developed proprietary components and accessories, manufacturing tools, equipment and techniques over many years in an effort to address the major issues that had been inhibiting the development of fiber laser technology and to provide products that differentiate us from our competitors. In addition, we have acquired the technology to produce additional components, such as volume Bragg gratings and crystals. Using our technology platform, we configure standard laser and amplifier products based upon each customer's specifications. We have developed proprietary testing methodologies that allow us to develop higher power components and products in short periods of time, enable us to introduce products to the market more quickly, capitalize on new opportunities and provide superior service to our customers. In our materials processing systems business, we manufacture standard configuration systems and also systems customized for specific customer requirements. We purchase common and specialized mechanical, electrical and optical parts and raw materials from vendors.
Sales, Marketing and Support
We market our products internationally primarily through our direct sales force. Our direct sales force sells to end users, OEMs and systems integrators. Once our fiber laser products are designed into an OEM system, the OEM's sales force markets its systems, allowing us to leverage our sales capability through the OEM sales channels and because the OEM's typically having several sales persons in locations other than where our sales offices are located. We have sales offices in the countries in which we have major manufacturing: United States, Germany and Russia. We have sales and service offices and application development centers in the Americas, Europe and Asia. To a lesser extent, we market through agreements with independent sales representatives and distributors. We typically provide one to five-year parts and service warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas.
Customers
We sell our products globally to OEMs, system integrators and end users in a wide range of diverse markets who have the in-house engineering capability to integrate our products into their own systems. We also sell complete laser and non-laser solutions to end users for their production needs. We have thousands of customers worldwide. One of our customers, Han's Laser, headquartered in China, accounted for 8%, 9% and 12% of our net sales in 2020, 2019 and 2018, respectively. No other customer accounted for 10% or more of our net sales in 2020, 2019 or 2018.
Competition
Our markets are highly competitive and characterized by rapidly changing technology, continuously evolving customer requirements and reduced average selling prices over time. In the materials processing market, we compete with makers of fiber lasers and other lasers, such as Coherent, Inc., Laserline GmbH, Lumentum Holdings Inc., Maxphotonics Co., Ltd., nLight, Inc., Trumpf GmbH + Co. KG and Wuhan Raycus Fiber Laser Technologies Co. Ltd., as well as other smaller competitors. Our current or potential customers may develop and produce products for their own use which are competitive to our products. Such vertical integration could reduce the market opportunity for our products. Many of our fiber laser competitors are increasing the output powers of their fiber lasers to compete with our products.
We also compete with end users that produce their own laser technology as well as with manufacturers of non-laser methods and tools, such as traditional non-laser welding, cutting dies, mechanical cutters and plasma cutters in the materials
10
processing market. Some of our competitors are larger than we are and have substantially greater financial, managerial and technical resources, more extensive distribution and service networks, greater sales and marketing capacity, and larger installed customer bases than we do.
Backlog
At December 31, 2020, our backlog of orders (generally scheduled for shipment within one year) was approximately $673.7 million compared to $693.4 million at December 31, 2019. At December 31, 2020, our backlog included $376.0 million of orders with firm shipment dates and $297.6 million of frame agreements that we expect to ship within one year, compared to $285.1 million of orders with firm shipment dates and $408.3 million of frame agreements at December 31, 2019. Frame agreements are non-binding indications of customer pricing and volume levels but are not firm customer purchase obligations. Orders used to compute backlog are generally cancellable without substantial penalties or any penalties. We anticipate shipping a substantial majority of the present backlog during fiscal year 2021. However, our backlog at any given date is not necessarily indicative of actual sales for any future period.
Employees and Human Capital Management
Our employees are our most valuable assets. They contribute to IPG’s success and, in particular, the skilled and experienced employees within our manufacturing, sales, service, research and development and quality assurance departments are instrumental in driving operational execution and strong financial performance, advancing innovation and maintaining a strong quality and compliance program.
As of December 31, 2020, we had approximately 6,060 full-time employees, including 660 in research and development, 4,550 in manufacturing and service operations, 350 in sales and marketing, and 500 in general and administrative functions. As a global company, our employees are distributed throughout our more than thirty locations in twenty-four countries. Of our total full-time employees at our principal facilities, approximately 2,150 were in the United States, 1,200 were in Germany, 1,740 were in Russia, 210 were in Belarus and 230 were in China. We have never experienced a work stoppage, and none of our employees at our principal manufacturing facilities are subject to a collective bargaining agreement.
The success and growth of IPG’s business is dependent in large part on our ability to attract, retain and develop a diverse population of talented and high-performing employees at all levels of our organization. For our research, engineering and production management positions, we require employees with university and graduate-level degrees in physics, optics, electrical, mechanical and software engineering. Globally, the demand for employees with such levels of education is high and competitive.
To succeed in these conditions, IPG implements key recruitment and retention strategies, objectives and effectiveness measures as part of the overall management of our business. These core strategies are advanced through the following programs, policies and initiatives:
Competitive Pay and Benefits. IPG’s compensation programs are designed to align the compensation of our employees, who operate in a highly competitive and technologically challenging environment, with IPG’s business performance and to provide the proper incentives to attract, retain and motivate employees to achieve superior performance. The structure of our compensation programs balances incentive earnings for both short-term and long-term performance. Specifically:
•We provide employee wages that are competitive and consistent with employee’s positions, skill levels, experience, knowledge and geographic location.
•All employees participate in our annual cash bonus program, allowing them to share in the profitability and business performance of IPG. We also generally provide equity grants and an employee stock purchase plan to salaried employees consistent with geographic compensation practices and subject to regulatory compliance. These programs each further align our employees’ financial interests with the performance of the business and the interests of our stockholders.
•We generally provide annual increases and incentive compensation based on merit.
•We purchase compensation data from a compensation and benefits consulting firm to allow us to ensure we provide competitive compensation in each of the geographic locations in which we operate.
•We align our executives’ annual and long-term equity compensation with our stockholders’ interests by linking realizable pay with stock performance and operating metrics.
•We provide comprehensive benefit options designed to retain our employees and support their families in living healthier and more secure lives.
Employee recruitment, retention and development. IPG works diligently to attract the best talent from a broad array of sources to meet the current and future demands of our business. We have established relationships with trade schools, world-
11
class universities, professional associations and industry groups to proactively attract talented and capable new hires. We also utilize social media, local job fairs and educational organizations to find diverse, motivated and responsible employees. IPG has made strides to increase diversity in management positions, building internal resources for potential future leadership openings. IPG has a strong employee value proposition that leverages our technology leadership, unique culture, collaborative working environment, shared sense of purpose, and desire to do the right thing to attract talent to our company. In 2020, we hired approximately 719 new employees.
We monitor employee turnover rates as our success depends upon retaining and investing in our highly trained manufacturing and technical staff. IPG strives to decrease voluntary turnover rates and thereby increase employee tenure by ensuring a combination of competitive compensation, individual developmental opportunities and personal career enrichment and growth. Our retention at the technical, professional and levels is high. In 2020, amidst global uncertainty and turmoil resulting from the COVID-19 pandemic, we introduced a number of special initiatives to minimize the impact upon our employees to safeguard the health and safety of them and their communities. These initiatives included compensation programs designed to provide a source of income to employees who needed to be absent from work as a result of the pandemic and enhanced “appreciation pay” to recognize the significant contributions of hourly employees who continued to work on-site. Throughout the crisis, we believe our employees took immense pride in the shared purpose of making products that supported the world’s critical supply chains within a wide range of essential businesses and services including medical devices, transportation, communications, packaging and agriculture.
Executive Officers of the Registrant
The following table sets forth certain information regarding our executive officers as of February 20, 2021:
NameAgePosition with the Company
Valentin P. Gapontsev, Ph.D.81Chief Executive Officer and Chairman of the Board
Eugene A. Scherbakov, Ph.D.73Chief Operating Officer, Managing Director of IPG Laser GmbH, Senior Vice President, Europe, and Director
Timothy P.V. Mammen51Chief Financial Officer and Senior Vice President
Angelo P. Lopresti57General Counsel, Secretary and Senior Vice President
Alexander Ovtchinnikov, Ph.D.60Senior Vice President, Components
Trevor D. Ness48Senior Vice President, World Wide Sales and Marketing
Igor Samartsev56Chief Technology Officer
Felix Stukalin59Senior Vice President, North America Operations
Valentin P. Gapontsev, Ph.D. has been the Chief Executive Officer and Chairman of the Board of IPG since our inception. Prior to founding the company in 1990, Dr. Gapontsev served as senior scientist in laser material physics and head of the laboratory at the Soviet Academy of Science's Institute of Radio Engineering and Electronics in Moscow. In 2006 he was awarded the Ernst & Young® Entrepreneur of the Year Award for Industrial Products and Services in New England and in 2009, he was awarded the Arthur L. Schawlow Award by the Laser Institute of America. In 2011 he received the Russian Federation National Award in Science and Technology, and he was selected as a Fellow of the Optical Society of America. Dr. Gapontsev holds a Ph.D. in Laser Materials from the Moscow Institute of Physics and Technology.
Eugene A. Scherbakov, Ph.D. has served as Chief Operating Officer since February 2017, Managing Director of IPG Laser GmbH, our German subsidiary, since August 2000 and Senior Vice President, Europe, since 2013. He served as the Technical Director of IPG Laser from 1995 to August 2000. From 1983 to 1995, Dr. Scherbakov was a senior scientist in fiber optics and head of the optical communications laboratory at the General Physics Institute, Russian Academy of Science in Moscow. Dr. Scherbakov graduated from the Moscow Physics and Technology Institute with an M.S. in Physics. In addition, Dr. Scherbakov attended the Russian Academy of Science in Moscow, where he received a Ph.D. in Quantum Electronics from its Lebedev Physics Institute and a Dr.Sci. degree in Laser Physics from its General Physics Institute.
Igor Samartsev has served as our Chief Technology Officer since 2011. Prior to that, he was the Deputy General Manager of our Russian subsidiary, NTO IRE-Polus since 2005 and after having served in technical leadership roles at NTO IRE-Polus. Mr. Samartsev holds an M.S. in Physics from the Moscow Institute of Physics and Technology.
Timothy P.V. Mammen has served as our Chief Financial Officer since July 2000 and as Vice President since November 2000. He was promoted to Senior Vice President in February 2013. Between May 1999 and July 2000, Mr. Mammen served as the Group Finance Director and General Manager of the United Kingdom operations for IPFD. Mr. Mammen was Finance Director and General Manager of United Partners Plc, a commodities trading firm, from 1995 to 1999 and, prior to that, he worked in the finance department of E.I. du Pont de Nemours and Company. Mr. Mammen holds an Upper Second B.Sc. Honours degree in International Trade and Development from the London School of Economics and Political Science. He is a Chartered Accountant and a member of the Institute of Chartered Accountants of Scotland.
12
Angelo P. Lopresti has served as our General Counsel, Secretary and Vice President since February 2001. He was promoted to Senior Vice President in February 2013. Prior to joining us, Mr. Lopresti was a partner at the law firm of Winston & Strawn LLP from 1999 to 2001. He was a partner at the law firm of Hertzog, Calamari & Gleason from 1998 to 1999 and an associate there from 1991 to 1998. He served on the board of Coastway Bancorp, Inc. from 2016 to 2018, prior to its acquisition by HarborOne Bancorp, Inc. Mr. Lopresti holds a B.A. in Economics from Trinity College and a J.D. from the New York University School of Law.
Alexander Ovtchinnikov, Ph.D., has served as our Vice President, Components, since September 2005 and as Director of Material Sciences from October 2001 to September 2005. He was promoted to Senior Vice President in February 2013. Prior to joining us, Dr. Ovtchinnikov was Material Science Manager of Lasertel, Inc., a maker of high-power semiconductor lasers, from 1999 to 2001. For 15 years prior to joining Lasertel, Inc., he worked on the development and commercialization of high power diode pump technology at the Ioffe Institute, Tampere University of Technology, Coherent, Inc. and Spectra-Physics Corporation. He holds an M.S. in Electrical Engineering from the Electrotechnical University of St. Petersburg, Russia, and a Ph.D. from Ioffe Institute of the Russian Academy of Sciences.
Trevor D. Ness has served as our Senior Vice President, World Wide Sales and Marketing, since February 2013. From January 2011 until February 2013, he served as our Vice President-Asian Operations. Prior to joining us, Mr. Ness was Director of GSI Precision Technologies China from May 2005 to December 2010 and prior to that he held technical sales management roles with GSI Group, Inc. and Cobham Plc, located in UK, Japan and Taiwan. Mr. Ness holds a B.S. in Geology from Imperial College, a H.N.C. from Bournemouth University and an M.B.A. from The Open University.
Felix Stukalin has served as our Senior Vice President, North America Operations, since February 2013. From March 2009 until February 2013, he served as our Vice President, Devices. Prior to joining us, he was Vice President, Business Development of GSI Group Inc. from April 2002 to September 2008, and from March 2000 to April 2002 he was Vice President of Components and President of the Wave Precision divisions of GSI Lumonics, Mr. Stukalin holds a B.S. in Mechanical Engineering from the University of Rochester and he is a graduate of the Harvard Business School General Management Program.
Seasonality
Our net sales can fluctuate from quarter to quarter with general economic trends, specific industry cycles, holidays in foreign countries such as Lunar New Year in the first quarter of our fiscal year and the timing of capital expenditures by our customers. Historically, our net sales have been higher in the second half of the year than in the first half of the year, although that trend did not occur in 2018 and 2019 due to a decrease in capital equipment spending in Europe and China caused by slower macro-economic growth and uncertainty caused by the trade war between the United States and China.
Government Regulation
Regulatory Compliance
The majority of our laser and amplifier products sold in the United States are classified as Class IV Laser Products under the applicable rules and regulations of the Center for Devices and Radiological Health ("CDRH") of the U.S. Food and Drug Administration ("FDA"). The same classification system is applied in the European markets. Safety rules are formulated with "Deutsche Industrie Norm" (i.e., German Industrial Standards) or International Organization for Standardization ("ISO") standards, which are internationally harmonized. CDRH regulations generally require a self-certification procedure pursuant to which a manufacturer must submit a filing to the CDRH with respect to each product incorporating a laser device, make periodic reports of sales and purchases and comply with product labeling standards, product safety and design features and informational requirements.
Our business activities are subject to various export controls and trade and economic sanctions laws and regulations, including, without limitation, the U.S. Commerce Department’s Export Administration Regulations, the U.S. Treasury Department’s Office of Foreign Assets Control’s trade and economic sanctions programs, the U.S. Department of State’s Nonproliferation Sanctions and International Traffic in Arms Regulations, as well as those of the European Community and Germany, which we collectively refer to as Trade Controls. We further discuss the impact of such Trade Controls under "Risk Factors" in Item 1A "—We must comply with and could be impacted by various export controls and trade and economic sanctions laws and regulations that are fluid and may change due to diplomatic and political considerations outside of our control."
13
Environmental Regulation
Our operations are subject to various federal, state, local and international laws governing the environment, including those relating to the storage, use, discharge, disposal, product composition and labeling of, human exposure to and hazardous and toxic materials. In the event of an accident involving such materials, we could be liable for damages and such liability could exceed the amount of our liability insurance coverage and the resources of our business.
We face increasing complexity in our product design and procurement operations due to the evolving nature of environmental compliance regulations and standards, as well as specific customer compliance requirements. These regulations and standards have an impact on the material composition of our products entering specific markets. For example, the European Union ("EU") adopted the Restriction of the use of Certain Hazardous Substances in Electrical and Electronic Equipment (RoHS) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH), and China enacted the Management Methods for Controlling Pollution Caused by Electronic Information Products Regulation (China-RoHS). In addition to these regulations and directives, we may face costs and liabilities in connection with product take-back legislation.
For further discussion of risks relating to the regulations to which we are subject, see Item 1A. Risk Factors.
Availability of Reports
Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and any amendments to such reports are available free of charge on our web site at www.ipgphotonics.com as soon as reasonably practicable after such reports are electronically filed with, or furnished to, the Securities and Exchange Commission ("SEC"). The SEC maintains an internet site that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC at www.sec.gov. We will also provide electronic or paper copies of such reports free of charge, upon request made to our Corporate Secretary. The information included on our website is not a part of, nor is it incorporated by reference into, this annual report on Form 10-K.
ITEM 1A.    RISK FACTORS
The factors described below are the principal risks that could materially adversely affect our operating results and financial condition. Other factors may exist that we do not consider significant based on information that is currently available. In addition, new risks may emerge at any time and we cannot predict those risks or estimate the extent to which they may affect us.

Risks Relating to the COVID-19 Pandemic
The COVID-19 pandemic, including private and public sector responses, could materially adversely affect our business, financial condition, results of operations and/or cash flows.
As a result of the ongoing COVID-19 pandemic, governmental authorities where we produce and sell our products implemented and are continuing to implement numerous and evolving measures to contain the virus, such as travel bans and restrictions, quarantines, shelter-in-place orders and guidance and business shutdowns. We have significant manufacturing operations in the U.S., Europe and Russia, and a material portion of our sales are in China, the U.S. and Europe. Each of these countries and regions has been affected by the pandemic and has taken measures to try to contain it. While our main production facilities currently remain operational, these measures have impacted and may further impact our workforce and operations, as well as those of our customers, vendors and suppliers. There is considerable uncertainty regarding such measures and potential future measures. In addition to reduced productivity, the constraints and limits implemented in our operations in response to COVID-19 may slow or diminish our research and development activities and qualification activities with our customers. Restrictive governmental measures had specific expiration dates and some of those measures have been extended in response to increases in infection rates. As a result, there is considerable uncertainty regarding the duration of such measures and potential future measures. Restrictions on our manufacturing, support operations or workforce, or similar limitations for our vendors and suppliers could limit our ability to meet customer demand, testing, installation and acceptance of our equipment or delays for orders, deliveries and payments, and could have a material adverse effect on our financial condition, cash flows and results of operations. In addition, restrictions or disruptions of transportation, such as reduced availability of air transport, port closures and increased border controls or closures, could limit our ability to manufacture, deliver or install products and generate sales, or could result in higher costs and could have a material adverse effect on our financial condition, cash flows and results of operations.
In response to these developments, we and our suppliers and customers modified business practices, including restricting employee travel, modifying employee work locations, implementing social distancing and enhanced sanitary measures, and cancelling attendance at events and conferences. We experienced and may experience increased absenteeism and reduced levels
14
of productivity and efficiency, even with the rollout of vaccination programs. The COVID-19 pandemic has also disrupted our internal operations, including by exposing us to cyber and other data security risks associated with the increased number of our employees working remotely, as well as increased dependence on internet and telecommunications access and capabilities. There is no certainty that measures implemented by governmental authorities or by us in our operations will be sufficient to mitigate the risks posed by the COVID-19 virus, including risk of infection of our senior management, scientific staff or a significant number of employees or the ability of the healthcare system to treat them, and our ability to perform critical functions or respond to the needs of our customers could be impeded. The resumption of normal business operations after such interruptions may be delayed or constrained by lingering effects of COVID-19 on our suppliers, third-party service providers, and/or customers.
The impact of COVID-19, including changes in customer demand, pandemic fears and market downturns, and restrictions on business and individual activities has created significant economic and demand uncertainty. We have experienced and expect to continue to experience unpredictable volatility in demand in several of our end-markets. In addition to the economic slowdown caused by the COVID-19 pandemic, we anticipate that it could cause regional recessions and/or a global recession. The COVID-19 pandemic also may exacerbate other risks disclosed herein, including but not limited to downturns in our markets, uncertainty and adverse changes in general economic conditions, highly competitive markets and declining average selling prices, price decreases, and international operations and customers.
The degree to which COVID-19 impacts our financial condition, cash flows and results of operations depends upon future developments, which are highly uncertain and cannot be predicted, including but not limited to the duration, location and spread of the outbreak, its severity, governmental and business measures to contain the virus and address its impact, and how quickly and to what extent normal economic and operating conditions can resume. We cannot at this time predict the many potential impacts of the COVID-19 pandemic, but it could have a material adverse effect on our business, prospects, financial condition, cash flows and results of operations. Furthermore, the COVID-19 pandemic makes it more difficult for us to forecast demand and provide guidance for 2021.
Accordingly, while IPG provided and may provide quarterly guidance during the COVID-19 pandemic, any such guidance we provide is subject to greater risks and uncertainty than in the past and actual results may be more likely to ultimately vary a greater degree from actual results than guidance we provided in the past. In light of the foregoing, investors are urged to put the guidance we provide and may provide in context and not to place undue reliance on it.
Risks Relating to the Macroeconomic Environment
Uncertainty and adverse changes in the general economic conditions of markets in which we participate negatively affect our business.
Current and future conditions in the economy have an inherent degree of uncertainty. As a result, it is difficult to estimate the level of growth or contraction for the economy as a whole. It is even more difficult to estimate growth or contraction in various parts, sectors and regions of the economy, including the materials processing, telecommunications, advanced and medical markets and applications in which we participate. Because all components of our budgeting and forecasting are dependent upon estimates of growth or contraction in the markets and applications we serve and demand for our products, the prevailing economic uncertainties render estimates of future income and expenditures very difficult to make. A significant portion of our sales are to customers in China, which accounted for 42%, 37% and 43% in 2020, 2019 and 2018, respectively. Slowing economic growth or recession, tariff-trade wars or other adverse economic developments or uncertainty in any of our key markets, including in China, may result in a decrease in our sales. Adverse changes have occurred and may occur in the future as a result of declining or flat global or regional economic conditions, fluctuations in currency and commodity prices, wavering confidence, capital expenditure reductions, unemployment, declines in stock markets, contraction of credit availability, declines in real estate values, or other factors affecting economic conditions generally. These changes may negatively affect the sales of our products, increase exposure to losses from bad debts, increase the cost and decrease the availability of financing, increase the risk of loss on investments, or increase costs associated with manufacturing and distributing products. An economic downturn could have a material adverse effect on our business, financial condition and results of operations.
Downturns in the markets we serve, particularly materials processing, could have a material adverse effect on our sales and profitability.
Our business depends substantially upon capital expenditures by manufacturers in the materials processing market, which includes general manufacturing, automotive, aerospace, other transportation, heavy industry, electronics and photovoltaic industries. Approximately 90% of our revenues in 2020 were from customers in the materials processing market. Although
15
applications in this market are broad, sales for these applications are cyclical and have historically experienced sudden and severe downturns and periods of oversupply, resulting in significantly reduced demand for capital equipment, including the products that we manufacture and market. For example, our sales decreased by 25% in the materials processing market in 2009 as a result of the global economic recession, our material processing sales declined 10% in the second half of 2018 and 11% in the 2019 fiscal year, in part due to decreased capital equipment demand stemming from adverse changes to U.S.-China relations, including rounds of tariff increases and retaliations and 12% in the 2020 fiscal year, in part due to decreased capital equipment demand attributed to the COVID-19 pandemic. For the foreseeable future, our operations will continue to depend upon capital expenditures by customers in these industries or markets, which, in turn, depend upon the demand, as well as forecasted demand, for their products or services. A softening of demand for our customers' products and services, whether caused by a weakening of the U.S. or global economies or other factors, may result in decreased revenue or growth for our customers and may lead to decreased demand for our products, which would reduce our sales and margins. We may not be able to respond by decreasing our expenses quickly enough or sufficiently, due in part, to our fixed overhead structure related to our vertically integrated operations and our commitments to continuing investment in research and development and infrastructure for long term growth.
Risks Relating to Industry Dynamics and Competition
The markets for our products are highly competitive and increased competition could result in reduced sales, reduced gross margins or the loss of market share.
The industries in which we operate are characterized by significant price and technological competition. We compete with makers of fiber lasers, solid-state lasers, direct diode lasers, high power CO2, YAG and disc lasers. These include public and private companies such as Coherent, Inc., Laserline GmbH, Lumentum Holdings Inc., Maxphotonics Co., Ltd., nLight, Inc., Trumpf GmbH + Co. KG, and Wuhan Raycus Fiber Laser Technologies Co. Ltd., as well as other smaller competitors. Several of these are larger and have substantially greater financial, managerial and technical resources, more extensive distribution and service networks, greater sales and marketing capacity, and larger installed customer bases than we do. Many of our fiber laser competitors are increasing the output powers, improving the quality of their fiber lasers and decreasing prices to compete with our products. Our current or potential customers may determine to develop and produce products for their own use which are competitive to our products. Such vertical integration could reduce the market opportunity for our products. We also compete in the materials processing, advanced and medical applications markets with end users that produce their own solid-state and gas lasers as well as with manufacturers of non-laser methods and tools, such as traditional non-laser welding, cutting dies mechanical cutters and plasma cutters in the materials processing market and scalpels in the medical market.
We may not be able to successfully differentiate our current and proposed products from our competitors' products and current or prospective customers may not consider our products to be superior to competitors' products. To maintain our competitive position, we believe that we will be required to continue a high level of investment in research and development, application development, manufacturing facilities and customer service and support, and to react to market pricing conditions. As a result of the foregoing factors, competitive pressures have resulted in price reductions, reduced margins, loss of sales and loss of market share.
The laser and amplifier industries are experiencing declining average selling prices, which could cause our gross margins to decline and harm our operating results.
Our products are experiencing and may in the future continue to experience a significant decline in average selling prices ("ASPs") as a result of new product and technology introductions, increased competition and price pressures from significant customers. Newer market participants, particularly in China, have reduced and may continue to reduce, prices of competing products to gain market share. If the ASPs of our products decline further and we are unable to increase our unit volumes, introduce new or enhanced products with higher margins or reduce manufacturing costs to offset anticipated decreases in the prices of our existing products, our operating results may be adversely affected. In addition, because of our significant fixed costs, we are limited in our ability to reduce total costs quickly in response to any revenue shortfalls. Because of these factors, we have experienced and we may experience in the future material adverse fluctuations in our operating results on a quarterly or annual basis if the ASPs of our products continue to decline.
Our ability to maintain or increase sales depends upon our ability to develop new products, penetrate new applications and end markets for fiber lasers and maintain or increase our market share in existing applications.
Our level of sales will depend on our ability to generate sales of fiber lasers in new and developing markets and applications for lasers where they have not been used previously and in applications in which other lasers, such as CO2 and YAG lasers, have been used. To date, a significant portion of our revenue growth has been derived from sales of fiber lasers
16
primarily for applications where CO2 and YAG lasers historically have been used. We have made significant sales into the cutting, welding and marking and engraving applications, large applications where the use of other laser technologies was well established. As fiber lasers reach higher levels of penetration in core materials processing applications and there is higher levels of competition in these core material processing application, the development of new applications, end markets and products outside our core applications becomes more important to our ability to generate sales. In order to maintain or increase market demand for our products, we will need to devote substantial resources to:
•demonstrate the effectiveness of fiber lasers in new applications for materials processing, medical, communications or other applications such as cinema and projection;
•successfully develop new product lines, such as UV, visible and ultrafast fiber lasers, with competitive features that extend our product line;
•increase our direct and indirect sales efforts;
•effectively meet growing competition and pricing pressures; and
•continue to reduce our manufacturing costs and enhance our competitive position.
Potential customers may have substantial investments and know-how related to their existing laser and non-laser technologies. They may perceive risks relating to the reliability, quality, usefulness and profitability of integrating of fiber lasers in their systems when compared to other laser or non-laser technologies available in the market or that they manufacture themselves. Despite fiber lasers having better performance and prices compared to other lasers or tools, OEM customers may be reluctant to switch incumbent suppliers or we may miss the design cycles of our customers. Many of our target markets, such as the automotive, machine tool and other manufacturing, communications and medical industries, have historically adopted new technologies slowly. These markets often require long test and qualification periods or lengthy government approval processes before adopting new technologies.
If we are unable to successfully implement our strategy to develop new applications and end markets for our products or develop new products, our revenues, operating results and financial condition could be adversely affected. In addition, any newly developed or enhanced products may not achieve market acceptance or may be rendered obsolete or less competitive by the introduction of new products by other companies.
We depend on our OEM customers and system integrators to incorporate our products into their systems.
Our sales depend in part on our ability to maintain existing and secure new OEM customers. Our revenues also depend in part upon the ability of our current and potential OEM customers and system integrators to incorporate our laser and amplifier products. The commercial success of these systems depends to a substantial degree on the efforts of these OEM customers and system integrators to develop and market products that incorporate our technologies. Relationships and experience with traditional laser makers, limited marketing resources, reluctance to invest in research and development and other factors affecting these OEM customers and third-party system integrators could have a substantial impact upon our financial results. If OEM customers or integrators are not able to adapt existing tools or develop new systems to take advantage of the features and benefits of fiber lasers or if they perceive us to be an actual or potential competitor, then the opportunities to increase our revenues and profitability may be severely limited or delayed. In addition, some of our OEM customers are developing their own fiber laser sources. If they are successful, this may reduce our sales to these customers. Furthermore, if our OEM customers or third-party system integrators experience financial or other difficulties that adversely affect their operations, our financial condition or results of operations may also be adversely affected.
Risks Relating to Our Operations
Our vertically integrated business results in high levels of fixed costs and inventory levels that may adversely impact our gross profits and our operating results in the event that demand for our products declines or we maintain excess inventory levels.
We have a high fixed cost base due to our vertically integrated business model. Approximately 75% of our approximately 6,060 employees as of December 31, 2020 were employed in our manufacturing operations. We may not adjust these fixed costs quickly enough or sufficiently to adapt to rapidly changing market conditions. Our gross profit, in absolute dollars and as a percentage of net sales, is impacted by our sales volume, the corresponding absorption of fixed manufacturing overhead expenses and manufacturing yields. In addition, because we are a vertically integrated manufacturer and design and manufacture our key specialty components, insufficient demand for our products may subject us to the risks of high inventory carrying costs and increased inventory obsolescence. If our capacity and production levels are not properly sized in relation to expected demand, we may need to record write-downs for excess or obsolete inventory. Because we are vertically integrated,
17
the rate at which we turn inventory has historically been low when compared to our cost of sales. We do not expect this to change significantly in the future and believe that we will have to maintain a relatively high level of inventory compared to our cost of sales. As a result, we expect to have a significant amount of working capital invested in inventory. Changes in our level of inventory lead to an increase in cash generated from our operations when inventory is sold or a decrease in cash generated from our operations at times when the amount of inventory increases. Decreases in inventory may decrease our overhead absorption and decrease our gross margins and profitability.
Our manufacturing capacity and operations may not be appropriate for future levels of demand and may adversely affect our gross margins.
We have added and are continuing to add substantial manufacturing capacity at our facilities in the United States, Germany, Russia and Belarus. A significant portion of our manufacturing facilities and production equipment, such as our semiconductor production and processing equipment, diode packaging equipment and diode burn-in stations, are special-purpose in nature and cannot be adapted easily to make other products. If the demand for fiber lasers or amplifiers does not increase or if our revenue decreases from current levels, we may have significant excess manufacturing capacity and under-absorption of our fixed costs, which could in turn adversely affect our gross margins and profitability.
To maintain our competitive position and to meet anticipated demand for our products, we invest significantly in the expansion of our manufacturing and operations throughout the world and may do so in the future. We had capital expenditures of $88 million and $134 million in 2020 and 2019, respectively, and we expect to incur approximately $150 million to $160 million in capital expenditures, excluding acquisitions, in 2021. In connection with these projects, we may incur cost overruns, construction delays, project cancellations, labor difficulties or regulatory issues which could cause our capital expenditures to be higher than what we currently anticipate, possibly by a material amount, which would in turn adversely impact our operating results. Moreover, we may experience higher costs due to yield loss, production inefficiencies and equipment problems until any operational issues associated with the opening of new manufacturing facilities are resolved.
A few customers account for a significant portion of our sales, and if we lose any of these customers or they significantly curtail their purchases of our products, our results of operations could be adversely affected.
We rely on a few customers for a significant portion of our sales. In the aggregate, our top five customers accounted for 24%, 21% and 26% of our consolidated net sales in 2020, 2019 and 2018, respectively. Our largest customer is located in China and accounted for 8%, 9% and 12% of sales in 2020, 2019 and 2018, respectively. A few of our larger customers, including our largest customer, are making fiber lasers or announced plans to develop fiber lasers. We generally do not enter into agreements with our customers obligating them to purchase our fiber lasers or amplifiers. Our business is characterized by short-term purchase orders and shipment schedules. If any of our principal customers discontinues its relationship with us, replaces us as a vendor for certain products or suffers downturns in its business, our business and results of operations could be adversely affected.
Because we lack long-term purchase commitments from our customers, our sales can be difficult to predict, which could lead to excess or obsolete inventory and adversely affect our operating results.
We generally do not enter into long-term agreements with our customers obligating them to purchase our fiber lasers or amplifiers. Our business is characterized by short-term purchase orders and shipment schedules and, in some cases, orders may be canceled or delayed without significant penalty or any penalty. As a result, it is difficult to forecast our revenues and to determine the appropriate levels of inventory required to meet future demand. In addition, due to the absence of long-term volume purchase agreements, we forecast our revenues and plan our production and inventory levels based upon the demand forecasts of our OEM customers, end users and distributors, which are highly unpredictable and can fluctuate substantially. This could lead to increased inventory levels and increased carrying costs and risk of excess or obsolete inventory due to unanticipated reductions in purchases by our customers. In addition, provisions have been recorded as a result of changes in market prices of certain components, the value of those inventories that was realizable through finished product sales due to declines in certain end market demand and uncertainties related to the recoverability of the value of inventories due to technological and product changes, and excess quantities. In this regard, we recorded provisions for slow-moving, obsolete or excess inventory totaling $45.4 million, $38.9 million and $13.0 million in 2020, 2019 and 2018, respectively. If our OEM customers, end users or distributors fail to accurately forecast the demand for our products, fail to accurately forecast the timing of such demand, or are unable to consistently negotiate acceptable purchase order terms with customers, our results of operations may be adversely affected.
18
We depend upon internal production and on outside single or limited-source suppliers for many of our key components and raw materials, including cutting-edge optics and materials. Any interruption in the supply or availability of these key components and raw materials could adversely affect our results of operations.
We rely exclusively on our own production capabilities to manufacture certain of our key components, such as semiconductor diodes, specialty optical fibers and optical components. We do not have redundant production lines for some of our components, such as our diodes and some other components, which are made at a single manufacturing facility. These are not readily available from other sources at our current costs and may not be available at all. If our manufacturing activities were obstructed or hampered significantly, it could take a considerable length of time, or it could increase our costs, to resume manufacturing or find alternative sources of supply. Many of the tools and equipment we use are custom-designed, and it could take a significant period of time to repair or replace them. Our four major manufacturing facilities are located in Massachusetts, Germany, Russia and Belarus. Despite our efforts to mitigate the impact of any flood, fire, natural disaster, political unrest, act of terrorism, war, outbreak of disease or other similar event, our business could be adversely affected to the extent that we do not have redundant production capabilities if any of our major manufacturing facilities or equipment should become inoperable, inaccessible, damaged or destroyed.
Also, we purchase certain raw materials used to manufacture our products and other components, such as semiconductor wafer substrates, diode packages, modulators, micro-optics, bulk optics and high power beam delivery products, from single or limited-source suppliers. We typically purchase our components and materials through purchase orders or agreed-upon terms and conditions and we do not have guaranteed supply arrangements with many of these suppliers. These suppliers are relatively small private companies that may discontinue their operations at any time and may be particularly susceptible to prevailing economic conditions. Some of our suppliers are also our competitors. Some of our suppliers may not be able to meet demand from our growing business or because of global demand for their components. As a result, we experienced and may in the future experience longer lead times or delays in fulfillment of our orders. Furthermore, other than our current suppliers, there are a limited number of entities from whom we could obtain these supplies. We do not anticipate that we would be able to purchase these components or raw materials that we require in a short period of time or at the same cost from other sources in commercial quantities or that have our required performance specifications. Any interruption or delay in the supply of any of these components or materials, or the inability to obtain these components and materials from alternate sources at acceptable prices and within a reasonable amount of time, could adversely affect our business. If our suppliers face financial or other difficulties, if our suppliers do not maintain sufficient inventory on hand or if there are significant changes in demand for the components and materials we obtain from them, they could limit the availability of these components and materials to us, which in turn could adversely affect our business.
We may experience lower than expected manufacturing yields, which would adversely affect our gross margins.
The manufacture of semiconductor diodes and the packaging of them is a highly complex process. Manufacturers often encounter difficulties in achieving acceptable product yields from diode and packaging operations. We have from time to time experienced lower than anticipated manufacturing yields for our diodes and packaged diodes. This occurs during the production of new designs and the installation and start-up of new process technologies and new equipment. If we do not achieve planned yields, our product costs could increase resulting in lower gross margins, and key component availability would decrease.
We are highly dependent on the significant experience and specialized expertise of our CEO, COO and other senior management and scientific staff. The unavailability or loss of one or more of these key employees or our failure to attract other highly skilled personnel necessary to compete successfully could harm our business and results of operations.
Our future success is substantially dependent on the continued service and performance of our executive officers, particularly our founder and chief executive officer, Dr. Valentin P. Gapontsev, age 81, and our chief operating officer, Dr. Eugene Scherbakov, age 73. They play key roles setting our strategic direction, directing the development of new technologies and maintaining our culture. The unavailability of either key executive could have a material impact on our business. Although the board engages in executive succession planning, our inability to effectively and immediately transition knowledge or responsibilities to their successors in the event of an unexpected absence or departure could harm our business and disrupt our operations. We also rely on our highly trained team of scientists, many of whom have numerous years of experience and specialized expertise in optical fibers, semiconductors and optical component technology, and other key engineering, sales, marketing, manufacturing and support personnel, any of whom may depart for a variety of reasons, which could harm our business. The members of our scientific staff who are expected to make significant individual contributions to our business are also members of our executive management team. We will need to continue to recruit and retain highly skilled scientists and engineers for certain functions. Competition for qualified personnel in our industry is intense, particularly for physicists, software engineers and other technical staff. If we fail to attract, integrate and retain the necessary personnel, it could
19
delay the development or introduction of new products, negatively impact our ability to market, sell or support our products, and significantly harm our business.
Risks Relating to Intellectual Property, Litigation, Information Systems and Regulations
In the past, we were subject to litigation alleging that we infringed third-party intellectual property rights. Intellectual property claims could result in costly litigation and harm our business.
There has been significant litigation involving intellectual property rights in many technology-based industries, including our own. We face risks and uncertainties in connection with such litigation, including the risk that patents issued to others may harm our ability to do business; that there could be existing patents of which we are unaware that could be pertinent to our business; and that it is not possible for us to know whether there are patent applications pending that our products might infringe upon. Moreover, the frequency with which new patents are granted and the diversity of jurisdictions in which they are granted make it impractical and expensive for us to monitor all patents that may be relevant to our business.
From time to time, we have been notified of allegations and claims that we may be infringing patents or intellectual property rights owned by third parties. We have defended against several patent infringement claims in the past and we engage in patent office opposition proceedings internationally for patents owned by others.
There can be no assurance that we will be able to dispose without a material effect any claims or other allegations made or asserted in the future. Even if we ultimately are successful on the merits of any such litigation or re-examination, legal and administrative proceedings related to intellectual property are typically expensive and time-consuming, generate negative publicity and divert financial and managerial resources. Some litigants may have greater financial resources than we have and may be able to sustain the costs of complex intellectual property litigation more easily than we can.
If we do not prevail in any intellectual property litigation brought against us, it could affect our ability to sell our products and materially harm our business, financial condition and results of operations. These developments could adversely affect our ability to compete for customers and increase our revenues. Plaintiffs in intellectual property cases often seek, and sometimes obtain, injunctive relief. Intellectual property litigation commenced against us could force us to take actions that could be harmful to our business, including the following:
•stop selling our products or using the technology that contains the allegedly infringing intellectual property;
•pay actual monetary damages, royalties, lost profits or increased damages and the plaintiff's attorneys' fees; and
•attempt to license the relevant intellectual property which may not be available on reasonable terms.
In addition, intellectual property lawsuits can be brought by third parties against OEMs and end users that incorporate our products into their systems or processes. In some cases, we indemnify OEMs against third-party infringement claims relating to our products and we often make representations affirming, among other things, that our products do not infringe the intellectual property rights of others. As a result, we may incur liabilities in connection with lawsuits against our customers. Any such lawsuits, whether or not they have merit, could be time-consuming to defend, damage our reputation or result in substantial and unanticipated costs.
Our inability to protect our intellectual property and proprietary technologies could result in the unauthorized use of our technologies by third parties, hurt our competitive position and adversely affect our operating results.
We rely on patents, trade secret laws, contractual agreements, technical know-how and other unpatented proprietary information to protect our products, product development and manufacturing activities from unauthorized copying by third parties. Our patents do not cover all of our technologies, systems, products and product components and may not prevent third parties from unauthorized copying of our technologies, products and product components. We have significant international operations and are subject to foreign laws which differ in many respects from U.S. laws. Policing unauthorized use of our trade secret technologies throughout the world and proving misappropriation of our technologies are particularly difficult, especially due to the number of our employees and operations in numerous foreign countries. The steps that we take to acquire ownership of our employees' inventions and trade secrets in foreign countries may not have been effective under all such local laws, which could expose us to potential claims or the inability to protect intellectual property developed by our employees. Furthermore, any changes in, or unexpected interpretations of, the trade secret and other intellectual property laws in any country in which we operate may adversely affect our ability to enforce our trade secret and intellectual property positions. Costly and time-consuming litigation could be necessary to determine the scope of our confidential information and trade secret protection. However, there can be no assurance that confidentiality agreements we enter into with consultants, suppliers, employees and
20
others will not be breached, that we will be able to effectively enforce them or that we will have adequate remedies for any breach.
Given our reliance on trade secret laws, others may independently develop similar or alternative technologies or duplicate our technologies and commercialize discoveries that we have made. Therefore, our intellectual property efforts may be insufficient to maintain our competitive advantage or to stop other parties from commercializing similar products or technologies. Many countries outside of the United States afford little or no protection to trade secrets and other intellectual property rights. Intellectual property litigation can be time-consuming and expensive, and there is no guarantee that we will have the resources to fully enforce our rights. If we are unable to prevent misappropriation or infringement of our intellectual property rights, or the independent development or design of similar technologies, our competitive position and operating results could suffer.
Our information systems are subject to cyber-attacks, interruptions and failures. If unauthorized access is obtained to our information systems, we may incur significant legal and financial exposure and liabilities.
Like many multinational corporations, we maintain several information technology systems, including software products licensed from third parties. These systems vary from country to country. Any system, network or internet failures, misuse by system users, the hacking into or disruption caused by the unauthorized access by third parties or loss of license rights could disrupt our ability to timely and accurately manufacture and ship products or to report our financial information in compliance with the timelines mandated by the SEC. Any such failure, misuse, hacking, disruptions or loss would likely cause a diversion of management's attention from the underlying business and could harm our operations. In addition, a significant failure of our various information technology systems could adversely affect our ability to complete an evaluation of our internal controls and attestation activities pursuant to Section 404 of the Sarbanes-Oxley Act of 2002 under the updated framework issued in 2013.
As part of our day-to-day business, we store our data and certain data about our customers, employees and service providers in our information technology system. While our system is designed with access security, if a third party gains unauthorized access to our data or technology, including information regarding our customers, employees and service providers, such security breach could expose us to a risk of loss of this information, loss of business, litigation and possible liability. Our security measures may be breached as a result of third-party action, including intentional misconduct by computer hackers, employee error, malfeasance or otherwise. Additionally, third parties may attempt to fraudulently induce employees or customers into disclosing sensitive information such as user names, passwords or other information in order to gain access to our customers' data or our data, including our intellectual property and other confidential business information, employee information or our information technology systems. Because the techniques used to obtain unauthorized access, or to sabotage systems, change frequently and generally are not recognized until launched against a target, we may be unable to anticipate or detect these techniques or to implement adequate preventative measures. Any unauthorized access could negatively impact our customers' products, result in a loss of confidence by our customers, damage our reputation, disrupt our business, result in a misappropriation of our assets (including cash), lead to legal liability and negatively impact our future sales. Additionally, such actions could result in significant costs associated with loss of our intellectual property, impairment of our ability to conduct our operations, rebuilding our network and systems, prosecuting and defending litigation, responding to regulatory inquiries or actions, paying damages or taking other remedial steps. In addition, we may incur significant costs designed to prevent or mitigate the damage related to cybersecurity incidents. For instance, we may retain additional employees or consultants, implement new policies and procedures, and install information technology to detect and prevent identity theft, data breaches, or system disruptions. We would incur any such costs with the intent that proactively preventing a cybersecurity incident ultimately helps to mitigate potential cybersecurity liability. As previously disclosed, on September 14, 2020, the Company detected a ransomware attack impacting certain of our operational and information technology systems that did not have a material impact on the Company's business, operations or financial condition.
The costs to address the foregoing security problems and security vulnerabilities before or after a cyber-incident could be significant. Our remediation efforts may not be successful and could result in interruptions, delays, a cessation of service, and a loss of existing or potential customers, impeding our sales, manufacturing, distribution, and other critical functions.
We may face particular privacy, data security and data protection risks due to laws and regulations regulating the protection or security of personal and other sensitive data.
We may face particular privacy, data security and data protection risks due to laws and regulations regulating the protection or security of personal and other sensitive data, including in particular several laws and regulations that have recently been enacted or adopted or are likely to be enacted or adopted in the future. For instance, effective May 25, 2018, the European General Data Protection Regulation (“GDPR”) imposed additional obligations and risk upon our business and substantially increased the penalties to which we could be subject in the event of any non-compliance. GDPR requires companies to satisfy
21
new requirements regarding the handling of personal data (generally, of EU residents), including its use, protection and the rights of affected persons regarding their data. Failure to comply with GDPR requirements could result in penalties of up to 4% of worldwide revenue. In addition, several other jurisdictions around the world have recently enacted privacy laws or regulations similar to GDPR. For instance, California enacted the California Consumer Privacy Act (“CCPA”), which became effective January 1, 2020, and which gives consumers many of the same rights as those available under GDPR. Several laws similar to the CCPA have been proposed in the United States at both the federal and state level. GDPR and other similar laws and regulations, as well as any associated inquiries or investigations or any other government actions, may be costly to comply with, result in negative publicity, increase our operating costs, require significant management time and attention, and subject us to remedies that may harm our business. We are evaluating its processes and taking measures to ensure compliance with all applicable privacy and data protection-related laws and regulations. Due to the lack of experience with the interpretation and enforcement of many of these laws and regulations, some measures initially might not satisfy standard or best practices that will be established in the coming years.
Changes in tax rates, tax liabilities or tax accounting rules could affect future results.
As a global company, we are subject to taxation in the United States and various other countries and jurisdictions. Significant judgment is required to determine worldwide tax liabilities. Our future tax rates could be affected by changes in the composition of earnings in countries or states with differing tax rates, transfer pricing rules, changes in the valuation of our deferred tax assets and liabilities, or changes in the tax laws. In addition, we are subject to regular examination of our income tax returns by the Internal Revenue Service ("IRS") and other tax authorities. From time to time the United States, foreign and state governments make substantive changes to tax rules and the application of rules to companies, including various announcements from the United States government potentially impacting our ability to defer taxes on international earnings. We regularly assess the likelihood of favorable or unfavorable outcomes resulting from these examinations to determine the adequacy of our provision for income taxes. Although we believe our tax estimates are reasonable, there can be no assurance that any final determination will not be materially different than the treatment reflected in our historical income tax provisions and accruals, which could materially and adversely affect our operating results and financial condition.
If we or our third-party vendors fail to comply with FDA regulations or similar legal requirements in foreign jurisdictions relating to the manufacturing of our products or any component part, we may be subject to fines, injunctions and penalties, and our ability to commercially distribute and sell our products may be negatively impacted.
We now make fiber laser systems and accessories targeted at specific medical applications. In addition, we sell our commercial fiber and diode laser modules, subassemblies and systems to OEMs that incorporate them into their medical products. With respect to such products, some of our manufacturing facilities, and the manufacturing facilities of any of our third-party component manufacturers or critical suppliers, are required to comply with the FDA’s Quality System Regulation and those of other countries (“QSR”), which sets forth minimum standards for the procedures, execution and documentation of the design, testing, production, control, quality assurance, labeling, packaging, sterilization, storage, and shipping of the products we sell in the medical industry, and related regulations, including Medical Device Reporting (“MDR”) regulations regarding reporting of certain malfunctions and adverse events potentially associated with our products. The FDA and other regulatory agencies may evaluate our compliance with the QSR, MDR and other regulations, among other ways, through periodic announced or unannounced inspections which could disrupt our operations and interrupt our manufacturing. If in conducting an inspection of our manufacturing facilities, or the manufacturing facilities of any of our third-party component manufacturers or critical suppliers, an investigator from the FDA observes conditions or practices believed to violate the QSR, the investigator may document their observations on a Form FDA 483 that is issued at the conclusion of the inspection. A manufacturer that receives an FDA 483 may respond in writing and explain any corrective actions taken in response to the inspectional observations. The FDA will typically review the facility’s written response and may re-inspect to determine the facility’s compliance with the QSR and other applicable regulatory requirements. Failure to take adequate and timely corrective actions to remedy objectionable conditions listed on an FDA 483 could result in the FDA taking administrative or enforcement actions. Among these may be the FDA’s issuance of a Warning Letter to a manufacturer, which informs it that the FDA considers the observed violations to be of “regulatory significance” that, if not corrected, could result in further enforcement action.
FDA enforcement actions, which include seizure, injunction, criminal prosecution, and civil penalties, could result in total or partial suspension of a facility’s production and/or distribution, product recalls, fines, suspension of the FDA’s review of product applications, and/or the FDA’s issuance of adverse publicity. Thus, an adverse inspection could force a shutdown of our manufacturing operations for products servicing the medical industry or a recall of such products. Adverse inspections could also delay FDA approval of our products for the medical industry.
22
Failure to maintain effective internal controls may cause a loss of investor confidence in the reliability of our financial statements or to cause us to delay filing our periodic reports with the SEC and adversely affect our stock price.
The SEC, as directed by Section 404 of the Sarbanes-Oxley Act of 2002, adopted rules requiring public companies to include a report of management on internal control over financial reporting in their annual reports on Form 10-K that contain an assessment by management of the effectiveness of our internal control over financial reporting. In addition, our independent registered public accounting firm must attest to and report on the effectiveness of our internal control over financial reporting. We have experienced rapid growth and have extensive and complex international manufacturing and sales and service locations which may make us more vulnerable to weaknesses in our internal controls. Although we test our internal control over financial reporting in order to ensure compliance with the Section 404 requirements, our failure to maintain adequate internal controls over financial reporting could result in an adverse reaction in the financial marketplace due to a loss of investor confidence in the reliability of our financial statements or a delay in our ability to timely file our periodic reports with the SEC, which ultimately could negatively impact our stock price.
Our products could contain defects, which may reduce sales of those products, harm market acceptance of our fiber laser and other products or result in claims against us.
The manufacture of our products involves highly complex and precise processes. Despite testing by us and our customers, errors have been found, and may be found in the future, in our products. These defects may cause us to incur significant warranty, support and repair costs, incur additional costs related to a recall, divert the attention of our engineering personnel from our product development efforts and harm our relationships with our customers. These problems could result in, among other things, loss of revenues or a delay in revenue recognition, loss of market share, harm to our reputation or a delay or loss of market acceptance of our fiber laser products. Additionally, a recall, particularly in our products used or incorporated in medical devices, could result in significant costs and lost sales and customers, enforcement actions and/or investigations by state and federal governments or other enforcement bodies, as well as negative publicity and damage to our reputation that could reduce future demand for our products. The development and sale of medical devices and component products involves an inherent risk of product liability claims. Defects, integration issues or other performance problems in our fiber laser and other products could also result in personal injury or financial or other damages to our customers, which in turn could damage market acceptance of our products and result in significant product liability claims being brought against us. A product liability claim brought against us, even if unsuccessful, could be time-consuming and costly to defend. If a product liability action were determined against us, it could result in significant damages, including punitive damages, and our consolidated financial position, results of operations or cash flows could be materially adversely affected.
We are subject to government regulations, including tariffs and duties that could restrict our international sales and negatively affect our business.
The United States, Germany, the European Union, China, Japan, South Korea and many other foreign governments impose tariffs and duties on the import of products, including some of those which we sell. In recent years, the U.S. instituted and proposed changes in trade policies that included the negotiation or termination of trade agreements, the imposition of higher tariffs on imports into the United States, including, in particular, on Chinese goods, economic sanctions on individuals, corporations or countries and other government regulations affecting trade between the United States and other countries where we conduct our business.
Policy changes and proposals could require time-consuming and expensive alterations to our business operations and may result in greater restrictions and economic uncertainty and disincentives on international trade, which could negatively impact our competitiveness in jurisdictions around the world as well as lead to an increase in costs in our supply chain. We are a multinational corporation, with manufacturing located both in the United States and internationally and with approximately 80% of our net sales arising from foreign customers. As such, we may be more susceptible to negative impacts from these tariffs or change in trade policies than other less internationally focused enterprises. In addition, new tariffs and other changes in U.S. trade policy could trigger retaliatory actions by affected countries, and certain foreign governments, including the Chinese government (which has imposed retaliatory tariffs on a range of U.S. goods including certain optical and electronic products and components), may impose trade sanctions on certain U.S. manufactured goods. Such changes by the United States and other countries have the potential to adversely impact U.S. and worldwide economic conditions, our industry and the global demand for our products, and as a result, could negatively affect our business, financial condition and results of operations.
We must comply with and could be impacted by various export controls and trade and economic sanctions laws and regulations that could negatively affect our business and may change due to diplomatic and political considerations outside of our control.
23
A significant part of our business involves the export and import of components and products among many countries, including the U.S., Germany, Russia and China. The U.S. government and governments of other countries in which we do business have Trade Controls that impact our ability to export, re-export or transfer products, software and technology originating in those countries. Trade Controls may require that we obtain a license before we can export, re-export or transfer certain products, software or technology. The requirement to obtain a license could put us at a competitive disadvantage by restricting our ability to sell products to customers in certain countries or by giving rise to delays or expenses related to obtaining a license. We have experienced and, in the future, may experience delays in obtaining export licenses based on issues solely within the control of the applicable government agency. Licenses may also include conditions that limit the use, resale, transfer, re-export, modification, disassembly, or transfer of a product, software or technology after it is exported without first obtaining permission from the relevant government agency. Failure to comply with these laws and regulations could result in government sanctions, including substantial monetary penalties, denial of export privileges, debarment from government contracts and a loss of revenues. Delays in obtaining or failure to obtain required export licenses may require us to defer shipments for substantial periods or cancel orders. Any of these circumstances could adversely affect our operations and, as a result, our financial results could suffer.
We have a large manufacturing facility and research and development operations in Russia which supplies components to our U.S. and German manufacturing facilities. In addition, we supply components from our U.S. and German manufacturing facilities to our Russian facility. Also, all three such facilities provide finished products to China, our largest market. Should there be any disruption of our supplies from or to our Russian operations, should the United States, the European Union or Russia implement new or broad-based Trade Controls, including those directed at China, our production and/or deliveries as well as results of operations would be affected. Although we have implemented compliance measures designed to prevent transactions prohibited by current or future Trade Controls, our failure to successfully comply with applicable Trade Controls may expose us to negative legal and business consequences, including civil or criminal penalties, government investigations, and reputational harm.
In addition, Trade Controls and their implementation are fluid and may change due to diplomatic and political considerations outside of our control. Such changes, including the potential expansion of sanctions and sanctions designations, as well as public statements by government officials, could be significant, require us to take certain actions to be in compliance, adversely affect prevailing market prices of our common stock, have a reputational impact, or otherwise have a material adverse impact on us, our business, and our ability to raise capital.
We are subject to various environmental laws and regulations that could impose substantial costs upon us and may adversely affect our business, operating results and financial condition.
Some of our operations use substances regulated under various federal, state, local and international laws governing the environment, including those relating to the storage, use, discharge, disposal, product composition and labeling of, and human exposure to, hazardous and toxic materials. We could incur costs, fines and civil or criminal sanctions, third-party property damage or personal injury claims, or could be required to incur substantial investigation or remediation costs, if we were to violate or become liable under environmental laws. Compliance with current or future environmental laws and regulations could restrict our ability to expand our facilities or require us to acquire additional expensive equipment, modify our manufacturing processes, or incur other significant expenses in order to remain in compliance with such laws and regulations. There can be no assurance that violations of environmental laws or regulations will not occur in the future as a result of the lack of, or failure to obtain, permits, human error, accident, equipment failure or other causes.
Risks Relating to Our Common Stock
Dr. Valentin P. Gapontsev, our Chairman and Chief Executive Officer, and three trusts he created collectively control approximately 31% of our voting power and have a significant influence on the outcome of director elections and other matters requiring stockholder approval, including a change in corporate control.
Dr. Valentin P. Gapontsev, our Chairman and Chief Executive Officer, and IP Fibre Devices (UK) Ltd., of which Dr. Gapontsev is the managing director, together with three trusts he created beneficially own approximately 31% of our common stock. Trustees of the trusts are officers or employees of the Company. Dr. Gapontsev and the trusts have a significant influence on the outcome of matters requiring stockholder approval, including election of our directors, stockholder proposals and approval of significant corporate transactions. Dr. Gapontsev and the trusts may vote their shares of our common stock in ways that other stockholders may consider would be adverse to the interests of the other stockholders. These significant ownership interests could delay, prevent or cause a change in control of the Company and might affect the market price of our common stock.
24
Provisions in our charter documents and Delaware law, and our severance arrangements, could prevent or delay a change in control of our company, even if a change in control would be beneficial to our stockholders.
Provisions of our certificate of incorporation and by-laws, including certain provisions that will take effect when Dr. Valentin P. Gapontsev (together with his affiliates and associates) ceases to beneficially own an aggregate of 25% or more of our outstanding voting securities, may discourage, delay or prevent a merger, acquisition or change of control, even if it would be beneficial to our stockholders. The existence of these provisions could also limit the price that investors might be willing to pay in the future for shares of our common stock. These provisions include:
•authorizing the issuance of "blank check" preferred stock;
•establishing a classified board and providing that directors thereon may only be removed for cause;
•providing that directors fill board vacancies;
•prohibiting stockholder action by written consent;
•limiting the ability of stockholders to call a special meeting of stockholders;
•establishing advance notice requirements for nominations for election to the board of directors and for proposing matters to be submitted to a stockholder vote;
•supermajority stockholder approval to change certificate of incorporation and by-laws and
•lack of cumulative voting for director elections.
Section 203 of the Delaware General Corporation Law, which will apply to the Company following such time as Dr. Gapontsev (together with his affiliates and associates) ceases to beneficially own 25% or more of the total voting power of our outstanding shares, may prohibit business combinations with stockholders owning 15% or more of our outstanding voting stock. The terms of our employment agreements and severance plan with executives include change-of-control severance provisions which provide for the payment of cash following a termination of employment following a change of control. These provisions may discourage, delay or prevent a merger or acquisition, make a merger or acquisition costlier for a potential acquirer, or make removal of incumbent directors or officers more difficult.
General Risk Factors
We have experienced, and expect to experience in the future, fluctuations in our quarterly operating results. These fluctuations may increase the volatility of our stock price and may be difficult to predict.
We have experienced, and expect to continue to experience, fluctuations in our quarterly operating results. We believe that fluctuations in quarterly results may cause the market price of our common stock to fluctuate, perhaps substantially. Factors which may have an influence on our operating results in a particular quarter include those below and others included in the Risk Factors:
•the increase, decrease, cancellation or rescheduling of significant customer orders;
•the timing of revenue recognition based on the installation or acceptance of certain products shipped to our customers;
•the timing of customer qualification of our products and commencement of volume sales of systems that include our products;
•the gain or loss of a key customer;
•product or customer mix;
•competitive pricing pressures and new market entrants;
•our ability to design, manufacture and introduce new products on a cost-effective and timely basis;
•our ability to manage our inventory levels and any provisions for excess or obsolete inventory;
•our ability to collect outstanding accounts receivable balances;
•incurring expenses to develop and improve application and support capabilities, the benefits of which may not be realized until future periods, if at all;
•incurring expenses related to impairment of values for goodwill, intangibles and other long-lived assets;
•different capital expenditure and budget cycles for our customers, which affect the timing of their spending;
25
•expenses associated with acquisition-related activities;
•health pandemic; and
•our ability to control expenses.
These factors make it difficult for us to accurately predict our operating results. In addition, our ability to accurately predict our operating results is complicated by the fact that many of our products have long sales cycles, some lasting as long as twelve months or more. Once a sale is made, our delivery schedule typically ranges from four weeks to four months, and therefore our sales will often reflect orders shipped in the same quarter that they are received and will not enhance our ability to predict our results for future quarters. In addition, long sales cycles may cause us to incur significant expenses without offsetting revenues since customers typically expend significant effort in evaluating, testing and qualifying our products before making a decision to purchase them. Moreover, customers may cancel or reschedule shipments, and production difficulties could delay shipments. Accordingly, our results of operations are subject to significant fluctuations from quarter to quarter, and we may not be able to accurately predict when these fluctuations will occur.
Our inability to manage risks associated with our international customers and operations could adversely affect our business.
We have significant facilities in and our products are sold in numerous countries. Our principal markets include China, the United States, Germany, Switzerland, Japan, Italy, Korea, Turkey and Russia. A substantial majority of our revenues are derived from customers outside the United States. In addition, we have substantial tangible assets outside of the United States. We anticipate that foreign sales will continue to account for a significant portion of our revenues in the foreseeable future. Our operations and sales in these markets are subject to risks inherent in international business activities, including the following and others mentioned in the Risk Factors:
•fluctuations in the values of foreign currencies;
•changes, including recession, and other general economic uncertainties affecting the macroeconomic and local economic communities in which we and our customers operate or serve;
•longer accounts receivable collection periods and less developed credit assessment and collection procedures;
•compliance with domestic and foreign laws and regulations, unexpected changes in those laws and regulatory requirements, including uncertainties regarding taxes, tariffs, quotas, export controls, export licenses, trade sanctions and other trade barriers, and any corresponding retaliatory actions by affected countries, including China and Russia;
•certification requirements;
•less effective protection of intellectual property rights in some countries;
•potentially adverse tax consequences;
•different capital expenditure and budget cycles for our customers, which affect the timing of their spending;
•political, legal and economic instability, foreign conflicts, labor unrest and the impact of regional and global infectious illnesses in the countries in which we and our customers, suppliers, manufacturers and subcontractors are located;
•preference for locally produced products;
•difficulties and costs of staffing and managing international operations across different geographic areas and cultures;
•seasonal reductions in business activities;
•fluctuations in freight rates and transportation disruptions;
•investment restrictions or requirements;
•repatriation restrictions or requirements;
•export and import restrictions; and
•limitations on the ability of our employees to travel without restriction to certain countries in which we operate.
Political, economic and monetary instability and changes in governmental regulations or policies, including trade tariffs and protectionism, could adversely affect both our ability to effectively operate our foreign sales offices and the ability of our foreign suppliers to supply us with required materials or services. Any interruption or delay in the supply of our required components, products, materials or services, or our inability to obtain these components, materials, products or services from
26
alternate sources at acceptable prices and within a reasonable amount of time, could impair our ability to meet scheduled product deliveries to our customers and could cause customers to cancel orders.
We are subject to risks of doing business in Russia through our subsidiary, NTO IRE-Polus, which provides components and test equipment to us and sells finished fiber devices to customers in Russia and neighboring countries as well as finished lasers to China. Further, approximately 42% of our sales in 2020 were to customers in China. We have also invested in manufacturing facilities in Belarus. The results of our operations, business prospects and facilities in these three countries are subject to the economic and political environment in Russia, China and Belarus. In recent years, these countries have undergone substantial political, economic and social change. As is typical of an emerging economy, none of these three countries possess a well-developed business, financial, legal and regulatory infrastructure that would generally exist in a more mature free market economy. In addition, tax, currency and customs legislation is subject to varying interpretations and changes, which can occur frequently. The future economic direction of these emerging market countries remains largely dependent upon the effectiveness of economic, financial and monetary measures undertaken by the government, together with tax, legal, regulatory and political developments. Our failure to manage the risks associated with our operations in Russia, China and Belarus and our other existing and potential future international business operations could have a material adverse effect upon our results of operations.
Foreign currency risk may negatively affect our net sales, cost of sales and operating margins and could result in exchange losses.
We conduct our business and incur costs in the local currency of most countries in which we operate. In 2020 our net sales outside the United States represented a substantial majority of our total sales. We incur currency transaction risk whenever one of our operating subsidiaries enters into either a purchase or a sales transaction using a different currency from the currency in which it operates or holds assets or liabilities in currencies different than their functional currency. Changes in exchange rates can also affect our results of operations when the value of sales and expenses of foreign subsidiaries are translated to U.S. dollars. We cannot accurately predict the impact of future exchange rate fluctuations on our results of operations. Further, given the volatility of exchange rates, we may not be able to effectively manage our currency risks, and any volatility in currency exchange rates may increase the price of our products in local currency to our foreign customers or increase the manufacturing cost of our products, which may have an adverse effect on our financial condition, cash flows and profitability.
We pursue acquisitions and investments in new businesses, products, patents or technologies. These involve risks which could disrupt our business and may harm our financial results and condition.
We make acquisitions of and investments in new businesses, products, patents and technologies and expand into new geographic areas, or we may acquire operations, products or technologies that expand our current capabilities. Although we have pursued relatively small acquisitions in the past, we may pursue larger transactions in the future. Acquisitions present a number of potential risks and challenges that could, if not met, disrupt our business operations, increase our operating costs, reduce consolidated margins, cause us to incur impairment charges and reduce the value of the acquired company, asset or technology to us. We may not be able to effectively integrate acquired businesses, business cultures, products, patents or technologies into our existing business and products, or retain key employees. As a result of the rapid pace of technological change in our industry, we may misjudge the long-term potential of an acquired business, product, patent or technology, or the acquisition may not be complementary to our existing business. Furthermore, potential acquisitions and investments, whether or not consummated, may divert our management's attention, require considerable cash outlays at the expense of our existing operations, incur unanticipated costs or liabilities, including the costs associated with improving the internal controls of the acquired company. In addition, to complete future acquisitions, we may issue equity securities, incur debt, assume contingent liabilities or have amortization expenses and write-downs of acquired assets, which could adversely affect our profitability and result in dilution to our existing and future stockholders.

We may incur impairments to goodwill or long-lived assets, which would negatively affect our results of operations.
We review our goodwill for impairment annually and other long-lived assets, including intangible assets identified in business combinations whenever events or changes in circumstances indicate that the carrying amount of these assets may not be recoverable. Negative industry or economic trends, including reduced estimates of future cash flows, disruptions to our business, slower growth rates, lack of growth in our relevant business units or differences in the estimated product acceptance rates could lead to impairment charges against our long-lived assets, including goodwill and other intangible assets. For example, we recorded a non-cash impairment charge of $44.6 million in 2020.
Our valuation methodology for assessing impairment requires management to make significant judgments and assumptions based on historical experience and to rely heavily on projections of future operating performance at many points
27
during the analysis. Also, the process of evaluating the potential impairment of goodwill is subjective. We operate in a highly competitive environment and projections of future operating results and cash flows may vary significantly from actual results. Additionally, if our analysis indicates potential impairment to goodwill in one or more of our business units, we may be required to record additional charges to earnings in our financial statements, which could negatively affect our results of operations.
We are exposed to credit risk and fluctuations in the market values of our cash, cash equivalents and marketable securities.
Given the global nature of our business, we have both domestic and international investments. At December 31, 2020, 74% of our cash, cash equivalents and marketable securities were in the United States and 26% were outside the United States. Credit ratings and pricing of our investments can be negatively affected by liquidity, credit deterioration, prevailing interest rates, financial results, economic risk, political risk, sovereign risk or other factors. Also, our investments may be negatively affected by events that impact the banks or depositories that hold our investments. As a result, the value and liquidity of our cash, cash equivalents and marketable securities may fluctuate substantially. Therefore, although we have not realized any significant losses on our cash, cash equivalents and marketable securities, future fluctuations in their value could result in a significant realized loss.
Our ability to access financial markets to raise capital or finance a portion of our working capital requirements and support our liquidity needs may be adversely affected by factors beyond our control and could negatively impact our ability to finance our operations, meet certain obligations, implement our operating strategy or complete acquisitions.
We occasionally borrow under our existing credit facilities to fund operations, including working capital investments. Our major credit lines in the United States and Germany expire in April 2025 and July 2023, respectively. Uncertainty or disruptions in financial markets may negatively impact our ability to access additional financing or to refinance our existing credit facilities or existing debt arrangements on favorable terms or at all, which could negatively affect our ability to fund current and future expansion as well as future acquisitions and development. These disruptions may include turmoil in the financial services industry, unprecedented volatility in the markets where our outstanding securities trade, changes in reference rates for interest such as the scheduled discontinuation of LIBOR in 2021 and general economic downturns in the areas where we do business. If we are unable to access funds at competitive rates, or if our short-term or long-term borrowing costs increase, our ability to finance our operations, meet our short-term obligations and implement our operating strategy could be adversely affected. We also may in the future be required to raise capital through public or private financing or other arrangements. Such financing may not be available on acceptable terms, or at all, and our failure to raise capital when needed could harm our business.





28
ITEM 1B.    UNRESOLVED STAFF COMMENTS
None.
ITEM 2.    PROPERTIES
Our significant facilities at December 31, 2020 include the following:
Location
Owned or
Leased
Lease Expiration
Approximate
Size (sq. ft.)
Primary Activity
Oxford, MassachusettsOwned502,300Diodes, components, complete device manufacturing, R&D, administration
Burbach, GermanyOwned499,500Optical fiber, components, final assembly, complete device manufacturing, R&D administration
Fryazino, RussiaOwned473,700Manufacturing, R&D, administration
LeasedJune 2021 - August 2022 80,500Components, complete device manufacturing
Minsk, BelarusOwned271,500Manufacturing
Marlborough, MassachusettsOwned243,000Components, manufacturing, applications, sales, R&D, administration
Davenport, IowaOwned160,300Systems integration, administration
LeasedMarch 2022 46,500Systems integration, sales, administration
Our corporate headquarters is in Oxford, Massachusetts. As of December 31, 2020, we occupied more than 3.0 million square feet of facilities worldwide. Of this we own 2.5 million square feet and lease 0.5 million square feet of building space, of which the majority is used for manufacturing. We operate four principal manufacturing facilities for fiber lasers, laser systems, fiber amplifiers, and related optical and mechanical components, which are located in the United States, Germany, Russia and Belarus. We conduct our major research and development activities in Oxford and Marlborough, Massachusetts; Burbach, Germany; and Fryazino, Russia.
We own additional facilities and land for various purposes, such as sales and support and applications labs. We believe the existing facilities are in good operating condition and are suitable for the conduct of our operations. The productive capacity at our current facilities is substantially utilized. We plan to continue the expansion of our operations and build manufacturing in Germany, the United States and Belarus to meet the demand for our products and our sales and support needs.
ITEM 3.    LEGAL PROCEEDINGS
From time to time, we are party to various legal claims and legal proceedings and other disputes incidental to our business, such as employment, intellectual property or product issues. For a discussion of the risks associated with intellectual property legal proceedings and other disputes, see Item 1A. "Risk Factors — In the past, we were subject to litigation alleging that we infringed third-party intellectual property rights. Intellectual property claims could result in costly litigation and harm our business."
ITEM 4.    MINE SAFETY DISCLOSURES
Not applicable.
29
PART II
ITEM 5.    MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is quoted on the Nasdaq Global Select Market under the symbol "IPGP". As of February 19, 2021, there were 53,533,592 shares of our common stock outstanding held by approximately 31 holders of record, which does not include beneficial owners of common stock whose shares are held in the names of various securities brokers, dealers and registered clearing agencies.
Stock Price Performance Graph
The following Stock Price Performance Graph and related information includes comparisons required by the SEC. The graph does not constitute "soliciting material" and should not be deemed "filed" or incorporated by reference into any other filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except to the extent that we specifically incorporate this information by reference into such filing.
The following graph presents the cumulative shareholder returns for our Common Stock compared with the S&P 500 Index and the S&P 1500 Composite 1500 / Electronic Equipment Instruments & Components Index. We include the S&P 500 Index because we became a member of this index in 2018. We include the S&P Composite 1500 / Electronic Equipment Instruments & Components Index because outstanding performance stock units awarded to executive officers use this index when comparing total shareholder return and due to our being an index member, industry similarities, our internal use to monitor executive compensation, and the fact that it contains several direct competitors.
ipgp-20201231_g2.jpg
 Base Period5-Year Cumulative Total Return
 12/31/201512/31/201612/31/201712/31/201812/31/201912/31/2020
IPG Photonics Corporation$100.00 $110.71 $240.16 $128.98 $161.42 $251.00 
S&P 500 Index$100.00 $111.96 $136.40 $129.31 $171.94 $203.04 
S&P 1500 Composite / Electronic Equipment Instruments & Components Index$100.00 $129.69 $168.06 $144.95 $195.01 $241.56 
The above graph represents and compares the value, through December 31, 2020, of a hypothetical investment of $100 made at the closing price on December 31, 2015 in each of (i) our common stock, (ii) S&P 500 Index, and (iii) the S&P 1500 Composite / Electronic Equipment Instruments & Components Index, in each case assuming the reinvestment of dividends. The stock price performance shown in this graph is not necessarily indicative of, and not is intended to suggest, future stock price performance.
30
Dividends
We anticipate that we will retain future earnings to support operations, fund acquisitions and to finance the growth and development of our business. Therefore, we do not expect to pay cash dividends in the foreseeable future. Our payment of any future dividends will be at the discretion of our Board of Directors after taking into account any business conditions, any contractual and legal restrictions on our payment of dividends, and our financial condition, operating results, cash needs, growth plans and other factors. In addition, a current agreement with one lender contains a restrictive covenant that prohibits us from paying cash dividends, making any distribution on any class of stock or making stock repurchases if a breach of a financial covenant or an event of default exists or would result from the dividend, distribution or repurchase.
Recent Sales of Unregistered Securities; Use of Proceeds from Registered Securities
There have been no sales of unregistered securities during the past year.
Issuer Purchases of Equity Securities
The following table shows repurchases of our common stock in the fiscal quarter ended December 31, 2020:
Date
Total Number of Shares (or Units) Purchased
 
Average Price Paid per Share (or Unit)
Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs
Maximum Number (or Approximate Dollar Value) of Shares (or Units) that May Yet Be Purchased Under the Plans or Programs
October 1, 2020 — October 31, 202063 (1), (2), (3)$195.33 — $246,386 
November 1, 2020 — November 30, 2020545 (1), (2), (3)188.43 — 246,386 
December 1, 2020 — December 31, 202053 (1), (2), (3)209.03 — 246,386 
Total661   $190.74 — $246,386 
(1)In 2012, our Board of Directors approved "withhold to cover" as a tax payment method for vesting of restricted stock awards for certain employees. Pursuant to the "withhold to cover" method, we withheld from such employees the shares noted in the table above to cover tax withholding related to the vesting of their awards. For the fourth quarter of 2020, the Company withheld 661 shares at an average price of $190.74.
(2)On February 12, 2019, we announced that our Board of Directors authorized the purchase of up to $125 million of IPG common stock (the "February 2019 program") following the completion of our $125 million repurchase program authorized in July 2018. Under the February 2019 program, we are authorized to repurchase shares of common stock in an amount not to exceed the lesser of (a) the number of shares issued to employees and directors under the Company's various employee and director equity compensation and employee stock purchase plans from January 1, 2019 through December 31, 2020 and (b) $125 million, exclusive of any fees, commissions or other expenses. There were no shares purchased in the fourth quarter of 2020 under the February 2019 program.
(3)On May 5, 2020, we announced that our Board of Directors authorized the purchase of up to $200 million of IPG common stock (the "May 2020 program"), exclusive of any fees, commissions or other expenses. The May 2020 program is separate from, and in addition to, the repurchases authorized under the February 2019 program. There were no shares purchased in the fourth quarter of 2020 under the May 2020 program.
ITEM 6.    RESERVED

ITEM 7.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included in this Annual Report on Form 10-K. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors including, but not limited to, those discussed under Item 1A, "Risk Factors."
Overview
31
We develop, manufacture and sell high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, primarily in materials processing. We also manufacture and sell complementary products used with our lasers including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors and chillers. In addition, we offer laser-based and non-laser based systems for certain markets and applications. Our portfolio of laser solutions are used in materials processing, communications, medical and advanced applications. We sell our products globally to original equipment manufacturers ("OEMs"), system integrators and end users. We market our products internationally, primarily through our direct sales force. Our major manufacturing facilities are located in the United States, Germany, Russia and Belarus. We have sales service offices and applications laboratories worldwide.
We are vertically integrated such that we design and manufacture most of the key components used in our finished products, from semiconductor diodes to optical fiber preforms, finished fiber lasers, amplifiers and complementary products. Our vertically integrated operations allow us to reduce manufacturing costs, control quality, rapidly develop and integrate advanced products and protect our proprietary technology.
Description of Our Net Sales, Costs and Expenses
Net sales. We derive net sales primarily from the sale of fiber lasers, diode lasers, laser and non-laser based systems, amplifiers and complementary products. We sell our products to OEMs that supply materials processing laser systems, communications systems, medical laser systems and other laser systems to end users. We also sell our laser products and laser and non-laser based systems to end users. Our scientists and engineers work closely with OEMs, systems integrators and end users to analyze their system requirements and match appropriate fiber laser, amplifier or system specifications to those requirements. Our sales cycle varies substantially, ranging from a period of a few weeks to as long as one year or more, but is typically several months.
Sales of our products are generally recognized upon shipment, provided that no obligations remain and collection of the receivable is reasonably assured. Sales of customized robotic systems are recognized over time. Our sales typically are made on a purchase order basis rather than through long-term purchase commitments.
We develop our products to standard specifications and use a common set of components within our product architectures. Our major products are based upon a common technology platform. We continually enhance these and other products by improving their components and developing new components and new product designs.
Cost of sales. Our cost of sales consists primarily of the cost of raw materials and components, direct labor expenses and manufacturing overhead. We are vertically integrated and currently manufacture all critical components for our products as well as assemble finished products. We believe our vertical integration allows us to increase efficiencies, leverage our scale and lower our cost of sales. Cost of sales also includes personnel costs and overhead related to our manufacturing, engineering and service operations, related occupancy and equipment costs, shipping costs and reserves for inventory obsolescence and for warranty obligations. Inventories are written off and charged to cost of sales when identified as excess or obsolete.
Due to our vertical integration strategy and ongoing investment in plant and machinery, we maintain a relatively high fixed manufacturing overhead. We may not be able to or choose not to adjust these fixed costs to adapt to rapidly changing market conditions. Our gross margin is therefore significantly affected by our sales volume and the corresponding utilization of capacity and absorption of fixed manufacturing overhead expenses.
Sales and marketing. Our sales and marketing expense consists primarily of costs related to compensation, trade shows, professional and technical conferences, travel, facilities, depreciation of equipment used for demonstration purposes and other marketing costs.
Research and development. Our research and development expense consists primarily of compensation, development expenses related to the design of our products and certain components, the cost of materials and components to build prototype devices for testing and facilities costs. Costs related to product development are recorded as research and development expenses in the period in which they are incurred.
General and administrative. Our general and administrative expense consists primarily of compensation and associated costs for executive management, finance, legal, human resources, information technology and other administrative personnel, outside legal and professional fees, insurance premiums and fees, allocated facilities costs and other corporate expenses such as charges and benefits related to the change in allowance for doubtful debt.
32
Factors and Trends That Affect Our Operations and Financial Results
In reading our financial statements, you should be aware of the following factors and trends that our management believes are important in understanding our financial performance.
COVID-19 Update. Global demand trends have been impacted adversely by the ongoing COVID-19 pandemic and therefore remain uncertain at this time. Economic indicators show some improvement from the severe contraction experienced earlier in 2020, which has led to an improvement in the recent demand environment in certain regions. It is difficult to predict whether the improvement in some macro-economic indicators will be sustained if there are additional restrictions imposed as a result of a resurgence in COVID-19 infections. This uncertainty continues to make forecasting our business challenging in the near to medium-term.
Currently, our four major production facilities in United States, Germany, Russia and Belarus remain open and are operating normally. We have implemented employee safety and sanitization protocols that have impacted productivity and efficiency. We have vertically integrated manufacturing, and many of the components one facility supplies to another facility are single sourced internally and not available from third party suppliers, for example our semiconductor diodes manufactured in Oxford, Massachusetts. While we have attempted to build safety stock of critical components at our various locations, if government restrictions to address COVID-19 become more severe than we have experienced to date or if there was significant absenteeism as a result of COVID-19 or resurgence in the places where we operate, it could impact our internal supply chain. If our revenues are reduced for an extended period or if our production output falls because of government restrictions or absenteeism, we may be required to reduce payroll-related costs and other expenses in the future through layoffs, furloughs or reduced hours, even though we have not done so to date.
We have not experienced significant supply disruption from third party component suppliers; however, we may face some supply chain restraints related to logistics, including available air cargo space and higher freight rates if there is a COVID-19 resurgence. We may experience delays in the future if resurgences are experienced and governments implement new restrictions. We believe we have the ability to meet the near-term demand for our products, but the situation is fluid and subject to change.
We continue to monitor the rapidly evolving conditions and circumstances as well as guidance from international and domestic authorities, including public health authorities, and we may need to take additional actions based on their recommendations. The measures implemented by various authorities related to the COVID-19 outbreak have caused us to change our business practices including those related to where employees work, the distance between employees in our facilities, limitations on in-person meetings between employees and with customers, suppliers, service providers, and stakeholders as well as restrictions on business travel to domestic and international locations or to attend trade shows, investor conferences and other events. To date, we have been able to accommodate these changes to our business operations and continue to meet customer demand. If guidelines from relevant authorities becomes more restrictive due to a resurgence of COVID-19 in a particular region, the effect on our operations could be more significant.
The COVID-19 pandemic has increased economic uncertainty and decreased demand for our products in many markets we serve and could continue for an unknown period of time. In these circumstances, there may be developments outside of our control, including the length and extent of the COVID-19 outbreak and government-imposed measures that may require us to adjust our operating plans. As such, given the dynamic nature of this situation, we cannot reasonably estimate the future impacts of COVID-19 on our financial condition, results of operations or cash flows.
Net sales.  Our annual revenue growth rates have varied from year to year. Net sales decreased by 9% and 10% in 2020 and 2019, respectively, and increased by 4% in 2018. In 2020, the decline in net sales was driven by decreased demand for our products related to the COVID-19 pandemic that extended and deepened the weak macroeconomic environment prevailing at the end of 2019. In 2019, the decline in net sales was driven by decreased demand for our products related to the trade war between the U.S. and China that weakened macroeconomic conditions in the second half of 2019. In addition to these factors, sales were affected by declines in average sales prices related to competition. These reductions in sales were partially offset by the introduction of new products, including high power and ultra-fast pulsed lasers, optical heads and other accessories and the development of new applications for our products some of which displace non-laser technologies.
Our business depends substantially upon capital expenditures by end users, particularly by manufacturers using our products for materials processing, which includes general manufacturing, automotive, other transportation, aerospace, heavy industry, consumer, semiconductor and electronics. Approximately 90% of our revenues in 2020 were from customers using our products for materials processing. Although applications within materials processing are broad, the capital equipment market in general is cyclical and historically has experienced sudden and severe downturns. For the foreseeable future, our operations will continue to depend upon capital expenditures by end users of materials processing equipment and will be subject to the broader fluctuations of capital equipment spending.
33
Our net sales have historically fluctuated from quarter to quarter. The increase or decrease in sales from a prior quarter can be affected by the timing of orders received from customers, the shipment, installation and acceptance of products at our customers' facilities, the mix of OEM orders and one-time orders for products with large purchase prices, competitive pressures, acquisitions, economic and political conditions in a certain country or region and seasonal factors such as the purchasing patterns and levels of activity throughout the year in the regions where we operate. Net sales can be affected by the time taken to qualify our products for use in new applications in the end markets that we serve. Our sales cycle varies substantially, ranging from a period of a few weeks to as long as one year or more, but is typically several months. The adoption of our products by a new customer or qualification in a new application can lead to an increase in net sales for a period, which may then slow until we penetrate new markets or obtain new customers.
In the recent years, our net sales have been negatively impacted by tariffs and trade policies. New tariffs and other changes in U.S. trade policy could trigger retaliatory actions by affected countries, and certain foreign governments.
We are also susceptible to global or regional disruptions such as political instability, geopolitical conflicts, acts of terrorism, significant fluctuations in currency values, natural disasters, macroeconomic concerns and particularly the impact of the COVID-19 outbreak that affect the level of capital expenditures or global commerce. With respect to the COVID-19 outbreak specifically, our 2020 financial results were negatively impacted. In addition, as of the time of this Annual Report on Form 10-K, we expect that COVID-19 could continue to negatively impact our businesses beyond 2020, but the extent and duration of such impacts over the longer term remain uncertain and dependent on future developments that cannot be accurately predicted at this time, such as the severity and transmission rate of the coronavirus, the extent and effectiveness of containment actions taken, the approval, effectiveness, timing and widespread inoculation of the global population with new vaccines, and the impact of these and other factors on our customer base and general commercial activity.
The average selling prices of our products generally decrease as the products mature. These decreases result from factors such as increased competition, decreased manufacturing costs and increases in unit volumes. We may also reduce selling prices in order to penetrate new markets and applications. Furthermore, we may negotiate discounted selling prices from time to time with certain customers that place high unit volume orders.
The secular shift to fiber laser technology in large materials processing applications, such as cutting applications, had a positive effect on our sales trends in the past such that our sales trends were often better than other capital equipment manufacturers in both positive and negative economic cycles. As the secular shift to fiber laser technology matures in such applications, our sales trends are more susceptible to economic cycles which affect other capital equipment manufacturers.
Gross margin. Our total gross margin in any period can be significantly affected by total net sales in any period, by competitive factors, by product mix, and by other factors such as changes in foreign exchange rates relative to the U.S. Dollar, some of which are not under our control. For instance,
•As our products mature, we can experience additional competition which tends to decrease average selling prices and affects gross margin;
•Our gross margin can be significantly affected by product mix. Within each of our product categories, the gross margin is generally higher for devices with greater average power. These higher power products often have better performance, more difficult specifications to attain and fewer competing products in the marketplace;
•Higher power lasers also use a greater number of optical components, improving absorption of fixed overhead costs and enabling economies of scale in manufacturing;
•The gross margin for certain specialty products may be higher because there are fewer or sometimes no equivalent competing products;
•Customers that purchase devices in greater unit volumes generally are provided lower prices per device than customers that purchase fewer units. In general, lower selling prices to high unit volume customers reduce gross margin although this may be partially offset by improved absorption of fixed overhead costs associated with larger product volumes, which drive economies of scale in manufacturing; and finally,
•Gross margin on systems and communication components can be lower than margins for our laser and amplifier sources, depending on the configuration, volume and competitive forces, among other factors.
We expect that some new technologies, products and systems will have returns above our cost of capital but may have gross margins below our corporate average. If we are able to develop opportunities that are significant in size, competitively advantageous or leverage our existing technology base and leadership, our current gross margin levels may not be maintained. Instead, we aim to deliver industry-leading levels of gross margins by growing sales, by taking market share in existing
34
markets, or by developing new applications and markets we address, by reducing the cost of our products and by optimizing the efficiency of our manufacturing operations. For instance, despite the decreases in sales in 2020 and 2019, manufacturing levels remained high and our facilities increased production as we manufactured more optical power products at lower average selling prices.
We invested $87.7 million, $133.5 million and $160.3 million in capital expenditures in 2020, 2019 and 2018, respectively. Most of this investment relates to expansion of our manufacturing capacity and, to a lesser extent, research and development and sales-related facilities.
A high proportion of our costs is fixed so costs are generally difficult to adjust or may take time to adjust in response to changes in demand. In addition, our fixed costs increase as we expand our capacity. If we expand capacity faster than is required by sales growth, gross margins could be negatively affected. Gross margins generally decline if production volumes are lower as a result of a decrease in sales or a reduction in inventory because the absorption of fixed manufacturing costs will be reduced. Gross margins generally improve when the opposite occurs. If both sales and inventory decrease in the same period, the decline in gross margin may be greater if we cannot reduce fixed costs or choose not to reduce fixed costs to match the decrease in the level of production. If we experience a decline in sales that reduces absorption of our fixed costs, or if we have production issues, our gross margins will be negatively affected.
We also regularly review our inventory for items that are slow-moving, have been rendered obsolete or are determined to be excess. Any provision for such slow-moving, obsolete or excess inventory affects our gross margins. For example, we recorded provisions for slow-moving, obsolete or excess inventory totaling $45.4 million, $38.9 million and $13.0 million in 2020, 2019 and 2018, respectively.
Selling and general and administrative expenses. In the past, the Company has invested in selling and general and administrative costs in order to support continued growth in the company. As the secular shift to fiber laser technology matures, our sales growth becomes more susceptible to the cyclical trends typical of capital equipment manufacturers. Accordingly, our future management of and investments in selling and general and administrative expenses will also be influenced by these trends, although we may still invest in selling or general and administrative functions to support certain initiatives even in economic down cycles. Certain general and administrative expenses are not related to the level of sales and may vary quarter to quarter based primarily upon the level of acquisitions and litigation.
Research and development expenses. We plan to continue to invest in research and development to improve our existing components and products and develop new components, products, systems and applications technology. We believe that these investments will sustain our position as a leader in the fiber laser industry and will support development of new products that can address new markets and growth opportunities. The amount of research and development expense we incur may vary from period to period.
Goodwill and long-lived assets impairments. We review our intangible assets and property, plant and equipment for impairment when events or changes in circumstances indicate the carrying value may not be recoverable. Goodwill is required to be tested for impairment at least annually. Negative industry or economic trends, including reduced estimates of future cash flows, disruptions to our business, slower growth rates, lack of growth in our relevant business units or differences in the estimated product acceptance rates could lead to impairment charges against our long-lived assets, including goodwill and other intangible assets. We incurred $0.7 million and $2.5 million of non-cash impairment charges related to long-lived assets during the years ended December 31, 2020 and 2019, respectively. There were no impairment charges recognized during the year ended December 31, 2018.
Our valuation methodology for assessing impairment requires management to make significant judgments and assumptions based on historical experience and to rely heavily on projections of future operating performance at many points during the analysis. Also, the process of evaluating the potential impairment of goodwill is subjective. We operate in a highly competitive environment and projections of future operating results and cash flows may vary significantly from actual results. If our analysis indicates potential impairment to goodwill in one or more of our reporting units, we may be required to record charges to earnings in our financial statements, which could negatively affect our results of operations.
As a result of the continued negative impact of COVID-19 on order flow for our Genesis custom system business, we performed an impairment analysis of the goodwill during the third quarter of 2020. We performed a quantitative assessment using the discounted cash flow method under the income approach as well as the guideline public company analysis and guideline transaction analysis under the market approach to estimate the fair value of the custom systems business. As a result of this and to a lesser extent the overall performance of the business since its acquisition in 2018, we recognized a non-cash impairment loss of $44.6 million, which was equal to the carrying amount of goodwill prior to its impairment. The analysis considered internal forecasts of sales, profitability and capital expenditures, as well as valuation multiples of comparable public companies and valuation multiples of transactions of comparable companies. If the business impacts of COVID-19 carry on for
35
an extended period, it could cause us to recognize additional impairments for goodwill and certain long-lived assets, including amortizable intangible assets or right-of-use assets in one or more of our reporting units, which would negatively affect our results of operations.
Foreign exchange. Because we are a U.S. based company doing business globally, we have both translational and transactional exposure to fluctuations in foreign currency exchange rates. Changes in the relative exchange rate between the U.S. dollar and the foreign currencies in which our subsidiaries operate directly affects our sales, costs and earnings. Differences in the relative exchange rates between where we sell our products and where we incur manufacturing and other operating costs (primarily in the U.S., Germany and Russia) also affects our costs and earnings. Certain currencies experiencing significant exchange rate fluctuations like the Euro, the Russian Ruble, the Japanese Yen and Chinese Yuan have had and could have an additional significant impact on our sales, costs and earnings. Our ability to adjust the foreign currency selling prices of products in response to changes in exchange rates is limited and may not offset the impact of the changes in exchange rates on the translated value of sales or costs. In addition, if we increase the selling price of our products in local currencies, this could have a negative impact on the demand for our products.
Major customers. While we have historically depended on a few customers for a large percentage of our annual net sales, the composition of this group can change from year to year. Net sales derived from our five largest customers as a percentage of our annual net sales were 24%, 21% and 26% in 2020, 2019 and 2018, respectively. Our largest customer accounted for 8%, 9% and 12% of our net sales in 2020, 2019 and 2018, respectively. The same customer accounted for 21% and 24% of our net accounts receivable as of December 31, 2020 and 2019, respectively. We seek to add new customers and to expand our relationships with existing customers. We anticipate that the composition of our significant customers will continue to change. We generally do not enter into agreements with our customers obligating them to purchase a fixed number or large volume of our fiber lasers or amplifiers. If any of our significant customers were to substantially reduce their purchases from us, our results would be adversely affected.
Critical Accounting Policies and Estimates
The preparation of financial statements in conformity with accounting principles generally accepted in the United States ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses. By their nature, these estimates and judgments are subject to an inherent degree of uncertainty. We base our estimates and judgments on our historical experience and on other assumptions that we believe are reasonable under the circumstances, the results of which form the basis for making the judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates, which may materially affect our operating results and financial position. We have identified the following items that require the most significant judgment and often involve complex estimation: revenue recognition, inventory valuation, warranty, accounting for income taxes and goodwill and long-lived asset impairment.
Revenue Recognition. Revenue is recognized when transfer of control to the customer occurs in an amount reflecting the consideration that we expect to be entitled. In order to achieve this core principle, we apply the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when a performance obligation is satisfied.
We allocate the transaction price to each distinct product based on its relative standalone selling price, as more fully described in Note 1, "Nature of Business and Summary of Significant Accounting Policies - Revenue Recognition," in our consolidated financial statements. Revenue is generally recognized when control of the product is transferred to the customer (i.e., when our performance obligation is satisfied), which typically occurs at shipment, but which can occur over time for certain of our systems contracts. We also recognize revenue over time for sales of extended warranties. When goods or services have been delivered to the customer, but all conditions for revenue recognition have not been met, deferred revenue and deferred costs are recorded on our consolidated balance sheet. We enter into contracts to sell customized robotic systems, for which revenue is generally recognized over time, depending on the terms of the contract. Recognizing revenue over time for these contracts is based on our judgment that the customized robotic system does not have an alternative use and we have an enforceable right to payment for performance completed to date. Recognizing revenue over time also requires estimation of the progress towards completion based on the projected costs for the contract.
Inventory. Inventory is stated at the lower of cost (first-in, first-out method) or market value. Inventory includes parts and components that may be specialized in nature and subject to rapid obsolescence. We maintain a reserve for excess or obsolete inventory items. The reserve is based upon a review of inventory materials on hand, which we compare with historic usage, estimated future usage and age. In addition, we review the inventory and compare recorded costs with estimates of current
36
market value. Write-downs are recorded to reduce the carrying value to the net realizable value with respect to any part with costs in excess of current market value. Estimating demand and current market values is inherently difficult, particularly given that we make highly specialized components and products. We determine the valuation of excess and obsolete inventory by making our best estimate considering the current quantities of inventory on hand and our forecast of the need for this inventory to support future sales of our products. We often have limited information on which to base our forecasts. If future sales differ from these forecasts, the valuation of excess and obsolete inventory may change and additional inventory provisions may be required. Because of our vertical integration, a significant or sudden decrease in sales could result in a significant change in the estimates of excess or obsolete inventory valuation.
Warranty. We maintain an accrual for warranty claims for units sold that are subject to warranty. We estimate this accrual considering past claims experience, the number of units still carrying warranty coverage and the average life of the remaining warranty period. A change in the rate of warranty repairs or when warranty is generally incurred during the warranty period could change our estimated warranty accrual and associated warranty expense.
Income Taxes and Deferred Taxes. Our annual tax rate is based on our income, statutory tax rates and tax planning opportunities available to us in the various jurisdictions in which we operate. We file federal and state income tax returns in the United States and tax returns in numerous international jurisdictions. We must estimate our income tax expense after considering, among other factors, if inter-company transactions have been made on an arm’s length basis, differing tax rates between jurisdictions, allocation factors, tax credits, nondeductible items and changes in enacted tax rates. Significant judgment is required in determining our annual tax expense and in evaluating our tax positions. As we continue to expand globally, there is a risk that, due to complexity within and diversity among the various jurisdictions in which we do business, a governmental agency may disagree with the manner in which we have computed our taxes. Additionally, due to the lack of uniformity among all of the foreign and domestic taxing authorities, there may be situations where the tax treatment of an item in one jurisdiction is different from the tax treatment in another jurisdiction or that the transaction causes a tax liability to arise in another jurisdiction.
We provide reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. Reserves recorded are based on a determination of whether and how much of a tax benefit taken by us in our tax filings or positions is "more likely than not" to be realized following resolution of any potential contingencies present related to the tax benefit, assuming that the matter in question will be raised by the tax authorities. Potential interest and penalties associated with such uncertain tax positions is recorded as a component of income tax expense.
Goodwill and Long-lived Asset Impairment. We perform our annual goodwill impairment review as of the first day of our fourth quarter, or more frequently if events or circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. Such events and circumstances could include significant and sustained reductions in sales volume, margin, profitability or cash flows of the reporting unit or changes in market dynamics, including technology or product changes. We test reporting units for impairment by comparing the estimated fair value of each reporting unit with its carrying amount. Intangible assets and other long-lived assets are also subject to an impairment test if there is an indicator of impairment.
Fair value determinations require considerable judgment and are sensitive to changes in underlying assumptions, estimates, and market factors. Estimating the fair value of individual reporting units requires us to make assumptions and estimates regarding our future plans, as well as industry, economic, and regulatory conditions. These assumptions and estimates include estimated future annual net cash flows, income tax considerations, discount rates, growth rates, royalty rates, contributory asset charges, and other market factors. Assumptions used in impairment testing are made at a point in time and require significant judgment; therefore, they are subject to change based on the facts and circumstances present at each annual and interim impairment test date. Additionally, these assumptions are generally interdependent and do not change in isolation. If current expectations of future growth rates and margins are not met, if market factors outside of our control, such as discount rates, change, or if management’s expectations or plans otherwise change, then one or more of our reporting units might become impaired in the future.
Definite-lived intangible assets are amortized on a straight-line basis over the estimated useful life. We review definite-lived intangible assets for impairment when conditions exist that indicate the carrying amount of the assets may not be recoverable. Such conditions could include significant adverse changes in the business climate, current-period operating or cash flow losses, significant declines in forecasted operations, or a current expectation that an asset group will be disposed of before the end of its useful life. We perform undiscounted operating cash flow analyses to determine if an impairment exists. When testing for impairment of definite-lived intangible assets held for use, we group assets at the lowest level for which cash flows are separately identifiable. If an impairment is determined to exist, the loss is calculated based on estimated fair value.
37
Results of Operations
The following table sets forth selected statement of operations data for the periods indicated in dollar amounts and expressed as a percentage of net sales: 
 Year Ended December 31,
 202020192018
 (In thousands, except percentages and per share data)
Net sales$1,200,724 100.0 %$1,314,581 100.0 %$1,459,874 100.0 %
Cost of sales661,728 55.1 708,372 53.9 659,606 45.2 
Gross profit538,996 44.9 606,209 46.1 800,268 54.8 
Operating expenses:
Sales and marketing70,583 5.9 77,745 5.9 57,815 4.0 
Research and development126,898 10.6 129,997 9.9 122,769 8.4 
General and administrative110,005 9.2 107,597 8.2 102,429 7.0 
Goodwill impairment44,589 3.7 37,120 2.8 — — 
Impairment of long-lived assets and other restructuring charges1,177 0.1 7,130 0.5 — — 
Loss (gain) on foreign exchange(12,915)(1.1)12,827 1.0 (6,150)(0.4)
Total operating expenses340,337 28.4 372,416 28.3 276,863 19.0 
Operating income198,659 16.5 233,793 17.8 523,405 35.9 
Interest income, net6,270 0.5 14,238 1.1 9,057 0.6 
Other income, net763 0.1 345 — 1,933 0.1 
Income before provision for income taxes205,692 17.1 248,376 18.9 534,395 36.6 
Provision for income taxes45,354 3.8 68,115 5.2 130,226 (8.9)
Net income160,338 13.3 180,261 13.7 404,169 27.7 
Less: net income attributable to non-controlling interest766 0.1 27 — 142 — 
Net income attributable to IPG Photonics Corporation$159,572 13.2 %$180,234 13.7 %$404,027 27.7 %
Net income attributable to IPG Photonics Corporation per share:
Basic$3.00 $3.40 $7.55 
Diluted$2.97 $3.35 $7.38 
Weighted average shares outstanding:
Basic53,186 53,061 53,522 
Diluted53,785 53,839 54,726 

Comparison of Year Ended December 31, 2020 to Year Ended December 31, 2019
Net sales. Net sales decreased by $113.9 million, or 8.7%, to $1,200.7 million in 2020 from $1,314.6 million in 2019. The table below sets forth sales by application: 
Year Ended December 31,  
 20202019Change
(In thousands, except for percentages)
Sales by Application % of Total % of Total  
Materials Processing$1,082,478 90.2 %$1,229,211 93.5 %$(146,733)(11.9)%
Other Applications118,246 9.8 %85,370 6.5 %32,876 38.5 %
Total$1,200,724 100.0 %$1,314,581 100.0 %$(113,857)(8.7)%
38

The table below sets forth sales by type of product and other revenue:
Year Ended December 31,
 20202019Change
(In thousands, except for percentages)
Sales by Product% of Total% of Total
High Power Continuous Wave ("CW") Lasers$646,062 53.8 %$734,745 55.9 %$(88,683)(12.1)%
Medium Power CW Lasers50,796 4.2 %56,625 4.3 %(5,829)(10.3)%
Pulsed Lasers158,448 13.2 %137,675 10.5 %20,773 15.1 %
Quasi-Continuous Wave ("QCW") Lasers 50,333 4.2 %56,440 4.3 %(6,107)(10.8)%
Laser and Non-Laser Systems93,727 7.8 %141,647 10.8 %(47,920)(33.8)%
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue201,358 16.8 %187,449 14.2 %13,909 7.4 %
Total
$1,200,724 100.0 %$1,314,581 100.0 %$(113,857)(8.7)%
Materials processing
Sales for materials processing applications decreased due to lower sales of high power lasers, laser and non-laser systems, QCW lasers and medium power lasers, partially offset by increased sales in pulsed lasers.
•High power laser sales for metal cutting and welding applications declined due to the impact of COVID-19 on end market demand, continued reductions of average selling prices and increased competition. Part of the decline in average selling prices for high power lasers is due to the adoption of more compact or rack mounted "YLR" series lasers which are displacing 1 to 3 kilowatt "YLS" series lasers, which are larger, more complex and more expensive. These more compact YLR lasers are less expensive to manufacture and are sold at prices lower than the YLS series lasers they are displacing.
•Medium power laser sales decreased due to decreased demand in laser sintering for metal-based additive manufacturing and ongoing transition to kilowatt scale cutting lasers.
•Pulsed laser sales increased due to growth in sales of high power pulsed lasers used for battery processing, ablative processing and solar cell manufacturing applications, partially offset by decreased demand of pulsed lasers used for marking and engraving applications.
•QCW laser sales decreased due to lower demand for fine processing and consumer electronics applications.
•Laser and non-laser systems sales decreased due to lower demand primarily as a result of COVID-19. The reduction of revenue in laser systems was attributable to lower demand for cutting and welding applications. The reduction of revenue in non-laser systems was attributable to lower demand in the transportation and aerospace sectors.
•Other Revenue for materials processing decreased due to lower parts and service revenue.
Other Applications
Sales from other applications increased due to increased demand for lasers used for directed energy, semiconductor, scientific and instrument applications, as well as lasers used in medical procedures, partially offset by lower sales of telecom products.

39
Our net sales were derived from customers in the following geographic regions:
 Year Ended December 31,
 20202019Change
(In thousands, except for percentages)
Sales by Geography% of Total% of Total
North America (1)
$246,189 20.5 %$280,886 21.4 %$(34,697)(12.4)%
Europe:
Germany65,646 5.5 %81,365 6.2 %(15,719)(19.3)%
Other including Eastern Europe/CIS219,540 18.3 %249,871 19.0 %(30,331)(12.1)%
Asia and Australia:
China502,278 41.8 %491,890 37.4 %10,388 2.1 %
Japan53,180 4.4 %71,757 5.5 %(18,577)(25.9)%
Other103,785 8.6 %121,586 9.2 %(17,801)(14.6)%
Rest of World10,106 0.9 %17,226 1.3 %(7,120)(41.3)%
Total$1,200,724 100.0 %$1,314,581 100.0 %$(113,857)(8.7)%
(1) The substantial majority of sales in North America are to customers in the United States.
Cost of sales and gross margin. Cost of sales decreased by $46.7 million, or 6.6%, to $661.7 million in 2020 from $708.4 million in 2019. Our gross margin decreased to 44.9% in 2020 from 46.1% in 2019. Gross margin decreased mainly due to increased manufacturing costs as a percentage of sales due to lower sales, particularly in the first half of the year resulting from the impact of the COVID-19 pandemic. In addition, provisions for inventory reserves and freight costs were higher. The increase in freight costs is also primarily attributable to COVID-19. Expenses related to provisions for excess or obsolete inventory and other valuation adjustments increased by $6.5 million to $45.4 million, or 3.8% of sales, for the year ended December 31, 2020, as compared to $38.9 million, or 3.0% of sales, for the year ended December 31, 2019.
Sales and marketing expense. Sales and marketing expense decreased by $7.1 million, or 9.1%, to $70.6 million in 2020 from $77.7 million in 2019. This change was primarily a result of decreased spending on trade fairs and exhibits, travel and personnel costs partially offset by an increase in depreciation. As a percentage of sales, sales and marketing expense was 5.9% in 2020, unchanged from 2019.
Research and development expense. Research and development expense decreased by $3.1 million, or 2.4%, to $126.9 million in 2020 from $130.0 million in 2019. This change was primarily a result of decreases in R&D materials, consultants and travel partially offset by increases in personnel costs. As a percentage of sales, research and development expense increased to 10.6% in 2020 from 9.9% in 2019. We expect to continue to invest in research and development and that research and development expense will increase in the aggregate.
General and administrative expense. General and administrative expense increased by $2.4 million, or 2.2%, to $110.0 million in 2020 from $107.6 million in 2019. This change was primarily a result of increases in personnel costs, loss on disposal of fixed assets, insurance, information systems, and premises partially offset by decreases in expense for travel, bad debt provision, legal, and consultants. As a percentage of sales, general and administrative expense increased to 9.2% in 2020 from 8.2% in 2019.
Goodwill impairment, impairment of long-lived assets and other restructuring charges. During the third quarter of 2020, we concluded that declines in revenue and order flow for the Genesis custom systems business caused by pandemic-related decreases in capital spending in the aerospace and transportation industries were a triggering event requiring a goodwill impairment evaluation. As a result of the analysis, we incurred a non-cash goodwill impairment loss of $44.6 million in 2020. In 2019, we incurred non-cash goodwill impairment losses of $37.1 million related to impairments of our transceivers reporting unit and our submarine network division.
We incurred impairment of long-lived assets and other restructuring charges of $1.2 million in 2020, of which $0.4 million related to severance and $0.1 million related to lease termination costs that resulted from the restructuring of our submarine network division. We also incurred $0.7 million of non-cash long-lived impairments related to machinery and equipment. In 2019, we incurred impairment of long-lived assets and other restructuring charges of $7.1 million, of which $5.3 million related to non-cash impairment losses of long-lived assets and $1.8 million were charges related to global restructuring programs.
Effect of exchange rates on sales, gross margin and operating expenses. We estimate that if exchange rates had been the same as one year ago, sales in 2020 would have been $2.5 million lower, gross margin would have been $3.7 million lower and
40
operating expenses in total would have been $6.2 million higher. These estimates assume constant exchange rates between fiscal year 2020 and fiscal year 2019 and are calculated using the average exchange rates for the twelve-month period ended December 31, 2019 for the respective currencies, which were US$1=Euro 0.89, US$1=Japanese Yen 109, US$1=Chinese Yuan 6.91 and US$1=Russian Ruble 65.
Loss (gain) on foreign exchange. We incurred a foreign exchange gain of $12.9 million in 2020 as compared to a loss of $12.8 million in 2019. The gain was primarily attributable to the depreciation of the Russian Ruble and the appreciation of the Chinese Yuan as compared to the U.S. Dollar, which was partially offset by a loss attributed to the appreciation of the Euro and depreciation of the Brazilian Real as compared to the U.S. Dollar.
Interest income, net. Interest income, net decreased to $6.3 million of income in 2020 compared to $14.2 million of income in 2019. The reduction in interest income, net, is primarily due to a decrease in yields on shorter duration investments that resulted in lower market interest rates as compared to rates last year. In addition, our initial response to the COVID-19 pandemic included holding shorter duration investments to increase liquidity, which also reduced yields.
Provision for income taxes. Provision for income taxes was $45.4 million in 2020 compared to $68.1 million in 2019, representing an effective tax rate of 22.0% in 2020 and 27.4% in 2019. The lower effective tax rate was primarily due to increased benefit from discrete adjustments. Discrete adjustments in 2020 resulted in a $10.6 million reduction in tax expense, which includes (i) $9.7 million for equity-based compensation deductions for tax in excess of the deductions reflected in book income, (ii) $3.2 million for an investment credit in Russia requested in amended returns filed for prior years and (iii) $1.2 million for prior year provision to return adjustments, offset by an increase to tax expense for a $3.6 million impact of losses in subsidiaries for which no tax benefit was taken. Discrete adjustments in 2019 were $1.3 million and include a decrease to tax expense for (i) $5.1 million related to equity-based compensation deductions for tax in excess of the deductions reflected in book income and (ii) $4.8 million for prior year provision to return adjustments, offset by an increase to tax expense of $10.0 million for goodwill impairments losses which were not deductible for tax.
Net income attributed to IPG Photonics Corporation. Net income attributable to IPG Photonics Corporation decreased by $20.6 million to $159.6 million in 2020 from $180.2 million in 2019. Net income attributable to IPG Photonics Corporation as a percentage of our net sales decreased by 0.4% to 13.3% in 2020 from 13.7% in 2019 due to the factors described above.
Liquidity and Capital Resources
The following table presents our principal sources of liquidity:
As of December 31,
20202019
(In thousands)
Cash and cash equivalents$876,231 $680,070 
Short-term investments514,835 502,546 
Unused credit lines and overdraft facilities132,048 105,469 
Working capital (excluding cash and cash equivalents and short-term investments)542,433 522,114 
Short-term investments at December 31, 2020 consist of liquid investments including corporate bonds, commercial paper, U.S. Treasury and agency obligations and municipal bonds with original maturities of greater than three months but less than one year. See Note 3, "Fair Value Measurements" in the notes to the consolidated financial statements for further information about our short-term investments.
We expect to continue investments in capital expenditures, to assess acquisition opportunities and to repurchase shares of our stock in accordance with our repurchase program. The extent and timing of such expenditures may vary from period to period. Our future long-term capital requirements will depend on many factors including our level of sales, the impact of the economic environment on our growth including any ongoing impact of the COVID-19 pandemic on certain global or regional economies, global or regional recessions, the timing and extent of spending to support development efforts, expansion of global sales and marketing activities, government regulation including trade sanctions, the timing and introductions of new products, the need to ensure access to adequate manufacturing capacity and the continuing market acceptance of our products.
41
The following table details our line-of-credit facilities and long-term notes as of December 31, 2020: 
DescriptionTotal Facility/ NoteInterest RateMaturitySecurity
U.S. Revolving Line of Credit (1)
$75.0 millionLIBOR plus 0.80% to 1.20%, depending on our performanceApril 2025Unsecured
Euro Credit Facility (Germany) (2)
Euro 50.0 million
($61.3 million)		Euribor plus 0.75% or EONIA plus 1.00%July 2023Unsecured, guaranteed by parent company and German subsidiary
Other Euro Facilities (3)
Euro 2.0 million
($2.5 million)		Euribor plus 0.94% to 2.02%March 2021Common pool of assets of Italian subsidiary
Long-term Secured Note (4)
$19.6 millionFixed at 2.74%July 2022Secured by the corporate aircraft
Long-term Unsecured Note (5)
$18.4 million1.20% above LIBOR, fixed using an interest rate swap at 2.85% per annumMay 2023Unsecured
(1) This facility is available to certain foreign subsidiaries in their respective local currencies. At December 31, 2020, there were no amounts drawn on this line, however, there were $3.3 million of guarantees issued against the line which reduces total availability.
(2) This facility is available to certain foreign subsidiaries in their respective local currencies. At December 31, 2020, there were no drawings, however, there were $3.4 million of guarantees issued against the line which reduces total availability.
(3) At December 31, 2020, there were no drawings. This facility renews annually.
(4) At maturity, the outstanding note balance will be $15.4 million.
(5) At maturity, the outstanding note balance will be $15.4 million.
Our largest committed credit lines are with Bank of America N.A. and Deutsche Bank AG in the amounts of $75.0 million and $61.3 million (or €50,000 as described above), respectively, and neither of them is syndicated. We plan to seek amendments of our credit agreements and notes to modify LIBOR and Euribor reference rates as these rates are phased out as borrowing rates.
We are required to meet certain financial covenants associated with our U.S. revolving line of credit and long-term debt facility. These covenants, tested quarterly, include an interest coverage ratio and a funded debt to earnings before interest, taxes, depreciation and amortization ("EBITDA") ratio. The interest coverage covenant requires that we maintain a trailing twelve-month ratio of EBITDA to interest on all obligations that is at least 3.0:1.0. The funded debt to EBITDA covenant requires that the sum of all indebtedness for borrowed money on a consolidated basis be less than three times our trailing twelve months EBITDA. Funded debt is decreased by our cash and available marketable securities not classified as long-term investments in the U.S. in excess of $50 million up to a maximum of $500 million. We were in compliance with all such financial covenants as of and for the three months ended December 31, 2020.
The financial covenants in our loan documents may cause us to not take or to delay investments and actions that we might otherwise undertake because of limits on capital expenditures and amounts that we can borrow or lease. In the event that we do not comply with any one of these covenants, we would be in default under the loan agreement or loan agreements, which may result in acceleration of the debt, cross-defaults on other debt or a reduction in available liquidity, any of which could harm our results of operations and financial condition.
See Note 11, "Financing Arrangements" in the notes to the consolidated financial statements for further information about our facilities and term debt.
The following table presents cash flow activities:
As of December 31,
20202019
(In thousands)
Cash provided by operating activities$285,335 $323,521 
Cash used by investing activities(99,574)(139,975)
Cash used by financing activities(10,080)(37,067)
Operating activities. Net cash provided by operating activities decreased by $38.2 million to $285.3 million in 2020 from $323.5 million in 2019. In 2020, net sales and net income decreased by 9% and 11%, respectively. Our largest working capital items typically are inventory and accounts receivable. Items such as accounts payable to third parties, prepaid expenses and other current assets and accrued expenses and other liabilities are not as significant as our working capital investment in
42
accounts receivable and inventory because of the amount of value added within IPG due to our vertically integrated structure. Accruals and payables for personnel costs including bonuses and income and other taxes payable are largely dependent on the timing of payments for those items. The decrease in cash flow from operating activities in 2020 primarily resulted from a decrease in cash provided by net income after adding back non-cash charges, an increase in cash used by accounts receivable, an increase in cash used by prepaid expenses and an increase in cash used by inventory; partially offset by a decrease in cash used for accrued expenses, a decrease in cash used by income and other taxes payable and a decrease in cash used by accounts payable.
Investing activities. Net cash used in investing activities was $99.6 million and $140.0 million in 2020 and 2019, respectively. The cash used in investing activities in 2020 related to $87.7 million for property, plant and equipment, $12.3 million of net purchases of investments and $0.4 million for the acquisition of a business during 2020, net of cash acquired. The cash used in investing activities in 2019 related to $133.5 million for property, plant and equipment, and $15.1 million for the acquisition of a business during 2019, net of cash acquired; partially offset by $7.8 million of net proceeds of investments.
In 2021, we expect to incur approximately $150 million to $160 million in capital expenditures, excluding acquisitions. Capital expenditures include investments in property, facilities and equipment to add capacity worldwide to support anticipated revenue growth, increase vertical integration, increase redundant manufacturing capacity for critical components and enhance research and development capabilities. The timing and extent of any capital expenditures in and between periods can have a significant effect on our cash flow. If we obtain financing for certain projects, our cash expenditures would be reduced in the year of expenditure. Many of the capital expenditure projects that we undertake have long lead times and are difficult to cancel or defer to a later period.
Financing activities. Net cash used in financing activities was $10.1 million and $37.1 million in 2020 and 2019, respectively. The cash used in financing activities in 2020 was primarily related to the purchase of treasury stock of $37.9 million, payments on our long-term borrowings of $3.7 million, and $1.7 million of payment of a purchase price holdback from a business combination. These uses of cash were partially offset by net proceeds from the exercise of stock options net of amounts disbursed in relation to shares withheld to cover employee income taxes due upon the vesting and release of restricted stock units and shares issued under our employee stock purchase plan of $33.2 million. The cash used in financing activities in 2019 was primarily related to the purchase of treasury stock of $40.7 million and payments on our long-term borrowings of $3.7 million. These cash uses were partially offset by net proceeds of $7.3 million from the exercise of stock options net of amounts disbursed in relation to shares withheld to cover employee income taxes due upon the vesting and release of restricted stock units and shares issued under our employee stock purchase plan.
Contractual Obligations and Off-Balance Sheet Arrangements
As of December 31, 2020, we had no off-balance sheet arrangements that have, or are reasonably likely to have, a current or future material effect on our consolidated financial condition, results of operations, liquidity, capital expenditures or capital resources. The following summarizes our contractual obligations at December 31, 2020 and the effect such obligations are expected to have on our liquidity and cash flow in future periods:
 Payments Due in
 Total
Less Than 1 Year
1-3 Years3-5 Years
More Than 5 Years
(In thousands)
Operating lease obligations$27,517 $6,452 $8,427 $4,327 $8,311 
Purchase obligations51,730 51,730 — — — 
Long-term debt obligations (including interest)(1)
39,899 4,821 35,078 — — 
Contingent consideration1,963 491 1,472 — — 
Total(2)
$121,109 $63,494 $44,977 $4,327 $8,311 
(1)Interest for long-term debt obligations was calculated including the effect of our fixed rate amounts. The weighted average fixed rate amount was 2.79%.
(2)Excludes obligations related to ASC 740, reserves for uncertain tax positions, because we are unable to provide a reasonable estimate of the timing of future payments relating to the remainder of these obligations. See Note 17, "Income Taxes" to the consolidated financial statements.
43
Recent Accounting Pronouncements
See Note 1, "Nature of Business and Summary of Significant Accounting Policies" in the notes to the consolidated financial statements for a full description of recent accounting pronouncements, including the respective dates of adoption or expected adoption and effects on our consolidated financial statements contained in Part IV of this Annual Report.
ITEM 7A.    QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
We are exposed to market risk in the ordinary course of business, which consists primarily of interest rate risk associated with our cash and cash equivalents and our debt and foreign exchange rate risk.
Interest rate risk. Certain interest rates are variable and fluctuate with current market conditions. Our investments have limited exposure to market risk. We maintain a portfolio of cash, cash equivalents and short-term investments, consisting primarily of bank deposits, money market funds, certificates of deposit, commercial paper, corporate notes and government and agency securities. None of these investments have a maturity date in excess of one year. Because of the short-term nature of these instruments, a sudden change in market interest rates would not be expected to have a material impact on our financial condition or results of operations.
We are also exposed to market risk as a result of increases or decreases in the amount of interest expense we must pay on our bank debt and borrowings on our bank credit facilities. Our interest obligations on our long-term debt are fixed. Although our U.S. revolving line of credit and our Euro credit facility have variable rates, we do not believe that a 10% change in market interest rates would have a material impact on our financial position or results of operations.
Exchange rates. Due to our international operations, a significant portion of our net sales, cost of sales and operating expenses are denominated in currencies other than the U.S. Dollar, principally the Euro, the Russian Ruble, the Chinese Yuan and the Japanese Yen. As a result, our international operations give rise to transactional market risk associated with exchange rate movements of the U.S. Dollar, the Euro, the Chinese Yuan, the Japanese Yen, and the Russian Ruble. In 2020 we incurred a gain on foreign exchange transactions of $12.9 million as compared to a loss of $12.8 million in 2019. As our Russian subsidiary has net U.S. dollar denominated assets, the depreciation of the Russian Ruble contributed to most of the foreign exchange gain in 2020. Management attempts to minimize these exposures by partially or fully off-setting foreign currency denominated assets and liabilities at our subsidiaries that operate in different functional currencies. The effectiveness of this strategy can be limited by the volume of underlying transactions at various subsidiaries and by our ability to accelerate or delay inter-company cash settlements. As a result, we are unable to create a perfect offset of the foreign currency denominated assets and liabilities. Furthermore, if we expect a currency movement to be beneficial to us in the short or medium term, we have, on occasions, chosen not to hedge or otherwise offset the underlying assets or liabilities. However, it is difficult to predict foreign currency movements accurately.
At December 31, 2020, our material foreign currency exposure is net U.S. Dollar denominated assets at subsidiaries where the Euro or the Russian Ruble is the functional currency and U.S. Dollar denominated liabilities where the Chinese Yuan is the functional currency. The net U.S. Dollar denominated assets are comprised of cash, third party receivables and inter-company receivables offset by third party and inter-company U.S. Dollar denominated payables. The U.S. Dollar denominated liabilities are comprised of inter-company payables. A 5% change in the relative exchange rate of the U.S. Dollar to the Euro applied to the net U.S. Dollar asset balances as of December 31, 2020, would result in a foreign exchange gain of $8.9 million if the U.S. Dollar appreciated and a $8.9 million foreign exchange loss if the U.S. Dollar depreciated. A 5% change in the relative exchange rate of the U.S. Dollar to the Ruble applied to the net U.S. Dollar asset balances as of December 31, 2020, would result in a foreign exchange gain of $3.3 million if the U.S. Dollar appreciated and a $3.3 million foreign exchange loss if the U.S. Dollar depreciated. A 5% change in the relative exchange rate of the U.S. Dollar to the Yuan applied to the net U.S. Dollar liability balances as of December 31, 2020, would result in a foreign exchange loss of $5.8 million if the U.S. Dollar appreciated and a $5.8 million foreign exchange gain if the U.S. Dollar depreciated. It is possible that the COVID-19 pandemic may create additional volatility in exchange rates going forward.
In addition, we are exposed to foreign currency translation risk for those subsidiaries whose functional currency is not the U.S. Dollar as changes in the value of their functional currency relative to the U.S. Dollar can adversely affect the translated amounts of our revenue, expenses, net income, assets and liabilities. As discussed in our Results of Operations, this can, in turn, affect the reported value and relative growth of sales and net income from one period to the next. In addition changes in the translated value of assets and liabilities due to changes in functional currency exchange rates relative to the U.S. Dollar result in foreign currency translation adjustments that are a component of other comprehensive income or loss.
Foreign currency derivative instruments can also be used to hedge exposures and reduce the risks of certain foreign currency transactions; however, these instruments provide only limited protection and can carry significant cost. We have no foreign currency derivative instrument hedges as of December 31, 2020. We will continue to analyze our exposure to currency
44
exchange rate fluctuations and may engage in financial hedging techniques in the future to attempt to minimize the effect of these potential fluctuations. Exchange rate fluctuations may adversely affect our financial results in the future.
ITEM 8.    FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
This information is incorporated by reference from pages
F-1
through
F-33
of this report.

ITEM 9.    CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE
None.
ITEM 9A.    CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures
Under the supervision of our Chief Executive Officer and our Chief Financial Officer, our management has evaluated the effectiveness of the design and operation of our "disclosure controls and procedures" (as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act")), as of the end of the period covered by this Annual Report on Form 10-K (the "Evaluation Date") utilizing the Committee of Sponsoring Organizations of the Treadway Commission's Internal Control - Integrated Framework ("COSO") Updated Framework issued in 2013. Based upon that evaluation, our Chief Executive Officer and our Chief Financial Officer have concluded that, as of the Evaluation Date, our disclosure controls and procedures are effective to ensure that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated and communicated to the issuer's management, including its principal executive and principal financial officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.
Management's Annual Report on Internal Control Over Financial Reporting
Our management, including our Chief Executive Officer and Chief Financial Officer, is responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and its subsidiaries. Internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Our management conducted an assessment of the effectiveness of our internal control over financial reporting as of the Evaluation Date based on criteria established in COSO utilizing the Updated Framework issued in 2013. Based on this assessment, our management concluded that, as of the Evaluation Date, our internal control over financial reporting was effective.
Our independent registered public accounting firm, Deloitte & Touche LLP, has audited our internal control over financial reporting, as stated in their report below.
Changes in Internal Controls
There was no change in our internal control over financial reporting (as defined in Rule 13a-15(f) under the Exchange Act) that occurred during the last fiscal quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
Limitations on Effectiveness of Controls
Our management, including our Chief Executive Officer and Chief Financial Officer, does not expect that the disclosure controls and procedures or internal control over financial reporting will prevent or detect all error and all fraud. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance that the objectives of the control system are met. Further, the design of a control system must reflect the fact that there are resource constraints, and the benefits of controls must be considered relative to their costs. Due to the inherent limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues, errors and instances of fraud, if any, within the company have been or will be detected.

45
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and the Board of Directors of
IPG Photonics Corporation
Oxford, Massachusetts

Opinion on Internal Control over Financial Reporting

We have audited the internal control over financial reporting of IPG Photonics Corporation and subsidiaries (the "Company") as of December 31, 2020, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2020, based on criteria established in Internal Control - Integrated Framework (2013) issued by COSO.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended December 31, 2020, of the Company and our report dated February 22, 2021, expressed an unqualified opinion on those financial statements.

Basis for Opinion

The Company's management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying "Management's Annual Report on Internal Control Over Financial Reporting." Our responsibility is to express an opinion on the Company's internal control over financial reporting based on our audit. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

Definition and Limitations of Internal Control over Financial Reporting

A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.


/s/    DELOITTE & TOUCHE LLP
Boston, Massachusetts
February 22, 2021

46
ITEM 9B.    CONTROLS AND PROCEDURES
None.

PART III
ITEM 10.    DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Certain of the information required hereunder is incorporated herein by reference to our definitive Proxy Statement to be filed pursuant to Regulation 14A, which Proxy Statement is anticipated to be filed with the SEC within 120 days after December 31, 2020. Pursuant to General Instruction G(3) of Form 10-K, additional information required hereunder relating to our executive officers is contained in Part I of this Annual Report on Form 10-K under the caption "Executive Officers of the Registrant."
ITEM 11.    EXECUTIVE COMPENSATION
The information required hereunder is incorporated herein by reference to our definitive Proxy Statement to be filed pursuant to Regulation 14A, which Proxy Statement is anticipated to be filed with the SEC within 120 days after December 31, 2020.
ITEM 12.   SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
The information required hereunder is incorporated herein by reference to our definitive Proxy Statement to be filed pursuant to Regulation 14A, which Proxy Statement is anticipated to be filed with the SEC within 120 days after December 31, 2020, with the exception of the information regarding securities authorized for issuance under our equity compensation plans, which is set forth below.
Information Regarding Equity Compensation Plans
The following table sets forth information with respect to securities authorized for issuance under our equity compensation plans as of December 31, 2020:
Plan Category
Number of Securities to be Issued upon Exercise of Outstanding Options, RSUs and PSUs
(a)
Weighted-Average Exercise Price of Outstanding Options, RSUs and PSUs
(b)
Number of Securities Remaining Available for Future Issuance under Equity Compensation Plans (Excluding Securities Reflected in Column (a))
(c)
Equity Compensation Plans Approved by Security Holders1
1,685,235 $136.17 3,145,972 
Equity Compensation Plans Not Approved by Security Holders
— — 
Total1,685,235 3,145,972 
1 As of December 31, 2020, there were 2,851,428 shares available for future issuance under the 2006 Incentive Compensation Plan and 294,544 shares available for future issuance under the employee stock purchase plan.
ITEM 13.   CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE
The information required hereunder is incorporated herein by reference to our definitive Proxy Statement to be filed pursuant to Regulation 14A, which Proxy Statement is anticipated to be filed with the SEC within 120 days after December 31, 2020.
ITEM 14.   PRINCIPAL ACCOUNTING FEES AND SERVICES
The information required hereunder is incorporated herein by reference to our definitive Proxy Statement to be filed pursuant to Regulation 14A, which Proxy Statement is anticipated to be filed with the SEC within 120 days after December 31, 2020.
PART IV
47
ITEM 15.   EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
a.The following documents are filed as part of this Annual Report on Form 10-K:
1.Financial Statements.
See Index to Financial Statements on page F-1.
2.Financial Statement Schedules.
All schedules are omitted because they are not applicable or the required information is shown on the financial statements or notes thereto.
3.Exhibits.
















































 
48
Exhibit Number
  Description
3.1  
3.2  
4.1  
4.2
10.1†
10.2†
10.3†
  
10.4†
  
10.5†
 
10.6†
 
10.7†
  
10.8†
10.9†
  
10.10†
  
10.11
10.12
10.13
49
Exhibit Number
  Description
10.14
10.15
10.16
10.17
10.18
10.19
21.1
23.1
31.1
31.2
32.1
101.INS
XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
101.SCH
XBRL Taxonomy Extension Schema
101.CAL
XBRL Taxonomy Extension Calculation Linkbase
101.DEF
XBRL Taxonomy Definition Linkbase
101.LAB
XBRL Taxonomy Extension Label Linkbase
101.PRE
XBRL Taxonomy Extension Presentation Linkbase
104Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

† Identifies management contract or compensatory plans or arrangements required to be filed as an exhibit.
b.Exhibits.
See (a)(3) above.
c.Additional Financial Statement Schedules.
All schedules are omitted because they are not applicable or the required information is shown on the financial statements or notes thereto.
ITEM 16.   FORM 10-K SUMMARY
None.
50
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on February 22, 2021. 
IPG PHOTONICS CORPORATION
By:/s/    Valentin P. Gapontsev
 
Valentin P. Gapontsev
Chief Executive Officer and
Chairman of the Board
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
 
Signature  Title 
  
/s/    Valentin P. Gapontsev        
Valentin P. Gapontsev
  Chief Executive Officer, Chairman of the Board and Director (Principal Executive Officer) February 22, 2021
/s/    Timothy P.V. Mammen        
Timothy P.V. Mammen
  Senior Vice President, Chief Financial Officer (Principal Financial Officer)  February 22, 2021
/s/    Thomas J. Burgomaster        
Thomas J. Burgomaster
Vice President, Corporate Controller
(Principal Accounting Officer)		February 22, 2021
/s/    Michael C. Child        
Michael C. Child
  Director February 22, 2021
/s/    Jeanmarie F. Desmond     
   Jeanmarie F. Desmond
DirectorFebruary 22, 2021
/s/    Gregory P. Dougherty     
   Gregory P. Dougherty
  Director February 22, 2021
/s/    Catherine P. Lego        
Catherine P. Lego
DirectorFebruary 22, 2021
/s/    Eric Meurice        
Eric Meurice
  Director February 22, 2021
/s/    Natalia Pavlova        
Natalia Pavlova
DirectorFebruary 22, 2021
/s/    John R. Peeler        
John Peeler
  Director February 22, 2021
/s/    Eugene A. Scherbakov        
Eugene Scherbakov
  Director February 22, 2021

51
INDEX TO FINANCIAL STATEMENTS
 
Report of Independent Registered Public Accounting Firm
F-2
Consolidated Balance Sheets as of December 31, 2020 and 2019
F-4
Consolidated Statements of Income for the Years Ended December 31, 2020, 2019, and 2018
F-5
Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2020, 2019, and 2018
F-6
Consolidated Statements of Equity for the Years Ended December 31, 2020, 2019, and 2018
Consolidated Statements of Cash Flows for the Years Ended December 31, 2020, 2019, and 2018
F-8
Notes to Consolidated Financial Statements
F-9

F-1
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and the Board of Directors of
IPG Photonics Corporation
Oxford, Massachusetts
Opinion on the Financial Statements
We have audited the accompanying consolidated balance sheets of IPG Photonics Corporation and subsidiaries (the "Company") as of December 31, 2020 and 2019, the related consolidated statements of income, comprehensive income, equity, and cash flows for each of the three years in the period ended December 31, 2020, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2020 and 2019, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2020, in conformity with accounting principles generally accepted in the United States of America.
We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2020, based on criteria established in Internal Control - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 22, 2021, expressed an unqualified opinion on the Company's internal control over financial reporting.
Basis for Opinion
These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Critical Audit Matter
The critical audit matter communicated below is a matter arising from the current-period audit of the financial statements that was communicated or required to be communicated to the audit committee and that (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates.
Excess or Obsolete Inventory Reserve: Refer to Notes 1 and 4 to the Financial Statements
Critical Audit Matter Description
The Company evaluates inventory each reporting period for excess quantities and obsolescence, establishing reserves when necessary based upon historic usage, estimated future usage and age. Once recorded, these reserves are considered permanent adjustments to the carrying value of inventory. As of December 31, 2020, the Company has inventories of $365.0 million, net of excess quantities and obsolescence reserves.
We identified the reserve for excess quantities and obsolete inventory as a critical audit matter because of the significant estimates and assumptions management makes to quantify and to record the reserve, including the determination of expected demand, especially when considering the vertically integrated nature of the Company as well as parts subject to technological obsolescence. This required a high degree of auditor judgment and an increased extent of effort when performing audit procedures to evaluate the methodology and the reasonableness of assumptions including expected demand.
F-2

How the Critical Audit Matter Was Addressed in the Audit
Our audit procedures related to management’s judgments underlying the calculation of excess or obsolete inventory reserve, included the following, among others:
•We tested the effectiveness of controls over inventory, including those over the estimation of reserves for excess quantities and obsolescence.
•We evaluated the reasonableness of the Company's excess and obsolete reserve policy, considering historical experience and the underlying assumptions.
•We tested the calculation of the excess and obsolete reserve pursuant to the Company's policy, including the completeness and accuracy of the data used in the calculation.
•We evaluated management's ability to accurately estimate future demand by comparing actual inventory usage, on a sample basis, to estimates made in prior years.
•We considered the existence of contradictory evidence based on consideration of internal communication to management and the board of directors, Company press releases, and analysts' reports, as well as any changes within the business.
/s/    DELOITTE & TOUCHE LLP
Boston, Massachusetts
February 22, 2021
We have served as the Company's auditor since 1999.
F-3
IPG PHOTONICS CORPORATION
CONSOLIDATED BALANCE SHEETS
December 31,
 20202019
 
(In thousands, except share
and per share data)
ASSETS
Current assets:
Cash and cash equivalents$876,231 $680,070 
Short-term investments514,835 502,546 
Accounts receivable, net264,321 238,479 
Inventories364,993 380,790 
Prepaid income taxes69,893 38,873 
Prepaid expenses and other current assets57,804 55,876 
Total current assets2,148,077 1,896,634 
Deferred income taxes, net43,197 31,395 
Goodwill41,366 82,092 
Intangible assets, net62,114 74,271 
Property, plant and equipment, net597,527 600,852 
Other assets43,419 45,192 
Total assets$2,935,700 $2,730,436 
LIABILITIES AND EQUITY
Current liabilities:
Current portion of long-term debt$3,810 $3,740 
Accounts payable25,748 27,329 
Accrued expenses and other liabilities176,740 149,782 
Income taxes payable8,280 11,053 
Total current liabilities214,578 191,904 
Deferred income taxes and other long-term liabilities92,854 98,121 
Long-term debt, net of current portion34,157 37,968 
Total liabilities341,589 327,993 
Commitments and contingencies (Note 14)
IPG Photonics Corporation equity:
Common stock, $0.0001 par value, 175,000,000 shares authorized; 55,461,246 and 53,427,234 shares issued and outstanding, respectively, at December 31, 2020; 54,743,227 and 53,010,875 shares issued and outstanding, respectively, at December 31, 2019.
6 5 
Treasury stock, at cost, 2,034,012 and 1,732,352 shares held at December 31, 2020 and December 31, 2019, respectively.
(303,614)(265,730)
Additional paid-in capital854,301 785,636 
Retained earnings2,188,191 2,028,734 
Accumulated other comprehensive loss(146,065)(146,919)
Total IPG Photonics Corporation stockholders' equity2,592,819 2,401,726 
Non-controlling interests1,292 717 
Total equity2,594,111 2,402,443 
Total liabilities and equity$2,935,700 $2,730,436 
See notes to consolidated financial statements.
F-4
IPG PHOTONICS CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
 
 Year Ended December 31,
 202020192018
 (In thousands, except per share data)
Net sales$1,200,724 $1,314,581 $1,459,874 
Cost of sales661,728 708,372 659,606 
Gross profit538,996 606,209 800,268 
Operating expenses:
Sales and marketing70,583 77,745 57,815 
Research and development126,898 129,997 122,769 
General and administrative110,005 107,597 102,429 
Goodwill impairment44,589 37,120 — 
Impairment of long-lived assets and other restructuring charges1,177 7,130 — 
Loss (gain) on foreign exchange(12,915)12,827 (6,150)
Total operating expenses340,337 372,416 276,863 
Operating income198,659 233,793 523,405 
Other income, net:
Interest income, net6,270 14,238 9,057 
Other income, net763 345 1,933 
Total other income7,033 14,583 10,990 
Income before provision for income taxes205,692 248,376 534,395 
Provision for income taxes45,354 68,115 130,226 
Net income160,338 180,261 404,169 
Less: net income attributable to non-controlling interests766 27 142 
Net income attributable to IPG Photonics Corporation$159,572 $180,234 $404,027 
Net income attributable to IPG Photonics Corporation per share:
Basic$3.00 $3.40 $7.55 
Diluted$2.97 $3.35 $7.38 
Weighted average shares outstanding:
Basic53,186 53,061 53,522 
Diluted53,785 53,839 54,726 
See notes to consolidated financial statements.
F-5
IPG PHOTONICS CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
 Year Ended December 31,
 202020192018
 (In thousands)
Net income$160,338 $180,261 $404,169 
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments1,367 15,997 (85,590)
Adjustment for net gain realized and included in net income(232)— — 
Unrealized (loss) gain on derivatives(472)(17)15 
Effect of adopted accounting standards— — 10 
Total other comprehensive income (loss)663 15,980 (85,565)
Comprehensive income161,001 196,241 318,604 
Less: comprehensive income attributable to non-controlling interest575 30 129 
Comprehensive income attributable to IPG Photonics Corporation$160,426 $196,211 $318,475 
See notes to consolidated financial statements.

F-6
IPG PHOTONICS CORPORATION
CONSOLIDATED STATEMENTS OF EQUITY
Year Ended December 31,
Common StockTreasury StockAdditional Paid In CapitalRetained EarningsAccumulated Other Comprehensive (Loss) IncomeNon-
controlling Interest		Total Stockholders' Equity
(In thousands, except share data)SharesAmountSharesAmount
Balance, January 1, 201853,629,439 $5 (378,269)$(48,933)$704,727 $1,443,867 $(77,344)$— $2,022,322 
Exercise of stock options and vesting of RSU's and PSU's351,795 — — — 9,895 — — — 9,895 
Common stock issued under employee stock purchase plan12,198 — — — 2,288 — — — 2,288 
Purchased common stock(1,051,825)— (1,051,825)(176,065)— — — — (176,065)
Stock-based compensation— — — — 28,027 — — — 28,027 
Recently adopted accounting standards— — — — — 606 10 — 616 
Purchase of non-controlling interest— — — — — — — 558 558 
Net income — — — — — 404,027 — 142 404,169 
Foreign currency translation adjustments— — — — — — (85,577)(13)(85,590)
Unrealized gain on derivatives, net of tax— — — — — — 15 — 15 
Balance, December 31, 201852,941,607 5 (1,430,094)(224,998)744,937 1,848,500 (162,896)687 2,206,235 
Exercise of stock options and vesting of RSU's and PSU's319,211 — — — 805 — — — 805 
Common stock issued under employee stock purchase plan52,315 — — — 6,531 — — — 6,531 
Purchased common stock(302,258)— (302,258)(40,732)— — — — (40,732)
Stock-based compensation— — — — 33,363 — — — 33,363 
Net income— — — — — 180,234 — 27 180,261 
Foreign currency translation adjustments— — — — — — 15,994 3 15,997 
Unrealized loss on derivatives, net of tax— — — — — — (17)— (17)
Balance, December 31, 201953,010,875 5 (1,732,352)(265,730)785,636 2,028,734 (146,919)717 2,402,443 
Exercise of stock options and vesting of RSU's and PSU's677,076 1 — — 27,934 — — — 27,935 
Common stock issued under employee stock purchase plan40,943 — — — 5,259 — — — 5,259 
Purchased common stock(301,660)— (301,660)(37,884)— — — — (37,884)
Stock-based compensation— — — — 35,472 — — — 35,472 
Recently adopted accounting standards— — — — — (115)— — (115)
Net income — — — — — 159,572 — 766 160,338 
Foreign currency translation adjustments— — — — — — 1,558 (191)1,367 
Unrealized gain on derivatives, net of tax— — — — — — (472)— (472)
Adjustment for net gain realized and included in net income— — — — — — (232)— (232)
Balance, December 31, 202053,427,234 $6 (2,034,012)$(303,614)$854,301 $2,188,191 $(146,065)$1,292 $2,594,111 
See notes to consolidated financial statements.
F-7
IPG PHOTONICS CORPORATION
CONSOLIDATED STATEMENTS OF CASH FLOWS
 Year Ended December 31,
 202020192018
 (In thousands)
Cash flows from operating activities:
Net income$160,338 $180,261 $404,169 
Adjustments to reconcile net income to net cash (used) provided by operating activities:
Depreciation and amortization94,554 96,268 80,271 
Deferred income taxes(12,813)(15,489)(4,576)
Stock-based compensation35,472 33,363 28,027 
Goodwill impairment44,589 37,120 — 
Impairment of long-lived assets671 5,350 — 
Unrealized losses (gains) on foreign currency transactions(19,935)11,004 (2,670)
Other8,642 3,320 (3,586)
Provisions for inventory, warranty and bad debt70,572 63,752 38,862 
Changes in assets and liabilities that (used) provided cash, net of acquisitions:
Accounts receivable(13,022)9,776 (18,814)
Inventories(39,900)(28,105)(135,440)
Prepaid expenses and other current assets(3,802)18,405 (7,062)
Accounts payable(1,942)(10,257)(1,426)
Accrued expenses and other liabilities(14,752)(37,310)(19,666)
Income and other taxes payable(23,337)(43,937)35,212 
Net cash provided by operating activities285,335 323,521 393,301 
Cash flows from investing activities:
Purchases of property, plant and equipment(87,696)(133,536)(160,343)
Proceeds from sales of property, plant and equipment889 661 1,026 
Proceeds from short-term investments1,099,224 768,078 470,328 
Purchases of short and long-term investments(1,111,555)(760,300)(765,310)
Acquisitions of businesses, net of cash acquired(429)(15,115)(109,115)
Other(7)237 415 
Net cash used in investing activities(99,574)(139,975)(562,999)
Cash flows from financing activities:
Proceeds from line-of-credit facilities— 15 255 
Payments on line-of-credit facilities— (15)(255)
Principal payments on long-term borrowings(3,740)(3,671)(3,604)
Proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards33,194 7,336 12,183 
Cash contributed by non-controlling interest— — 839 
Purchase of treasury stock, at cost(37,884)(40,732)(176,065)
Payment of purchase price holdback from business combination(1,650)— — 
Net cash used in financing activities(10,080)(37,067)(166,647)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash19,888 (7,853)(29,197)
Net increase (decrease) in cash, cash equivalents and restricted cash195,569 138,626 (365,542)
Cash, cash equivalents and restricted cash — Beginning of year682,984 544,358 909,900 
Cash, cash equivalents and restricted cash — End of year (Note 1)$878,553 $682,984 $544,358 
Supplemental disclosure of cash flow information:
Cash paid for interest$2,234 $2,683 $3,052 
Cash paid for income taxes$85,861 $116,951 $112,762 
Non-cash transactions:
Demonstration units transferred from inventory to other assets$8,117 $10,367 $6,270 
Property, plant and equipment transferred from inventory$4,243 $7,659 $2,535 
Changes in accounts payable related to property, plant and equipment$(75)$1,304 $(2,852)
Leased assets obtained in exchange for new operating lease liabilities$4,035 $14,670 $— 
See notes to consolidated financial statements.

F-8
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



1. NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Business — IPG Photonics Corporation (the "Company" or "IPG") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers, laser systems, communications systems and optical accessories that are used for diverse applications, primarily in materials processing. The Company was incorporated as a Delaware corporation in December 1998. Its world headquarters are located in Oxford, Massachusetts. It also has facilities and sales offices elsewhere in North and South America, Europe and Asia.
Principles of Consolidation — The accompanying financial statements include the accounts of the Company and its majority-owned subsidiaries. All intercompany accounts and transactions have been eliminated.
Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
Foreign Currency — The financial information for entities outside the United States is measured using local currencies as the functional currency. Assets and liabilities are translated into U.S. dollars at the exchange rate in effect on the respective balance sheet dates. Income and expenses are translated into U.S. dollars based on the average rate of exchange for the corresponding period. Exchange rate differences resulting from translation adjustments are accounted for directly as a component of accumulated other comprehensive loss.
Cash and Cash Equivalents and Short-Term Investments — Cash and cash equivalents consist primarily of highly liquid investments, such as bank deposits, mutual funds and marketable securities with maturities of three months or less at the date of purchase with insignificant interest rate risk. Short-term investments consist primarily of similar highly liquid investments and marketable securities with insignificant interest rate risks.
The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:
Balance atBalance at
December 31, 2020December 31, 2019
Cash and cash equivalents$876,231 $680,070 
Restricted cash included in prepaid expenses and other current assets2,322 — 
Restricted cash included in other assets— 2,914 
Cash, cash equivalents and restricted cash$878,553 $682,984 

Accounts Receivable and Allowance for Doubtful Accounts — Accounts receivable include $58,566 and $16,484 of bank acceptance drafts at December 31, 2020 and 2019, respectively. Bank acceptance drafts are bank guarantees of payment on specified dates. The weighted average maturity of these bank acceptance drafts is approximately 130 days. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be collected. The allowance is based upon an estimate of expected credit losses over the life of outstanding receivables. The estimate involves an assessment of customer creditworthiness, historical payment experience, an assumption of future expected credit losses, and the age of outstanding receivables.
Activity related to the allowance for doubtful accounts was as follows:
202020192018
Balance at January 1$2,547 $1,731 $2,198 
Provision for bad debts, net of recoveries(156)677 14 
Uncollectable accounts written off(114)(111)(198)
Foreign currency translation(121)102 (283)
Balance at December 31$2,156 $2,399 $1,731 
F-9
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



Inventories — Inventories are stated at the lower of cost or market on a first-in, first-out basis. Inventories include parts and components that may be specialized in nature and subject to rapid obsolescence. The Company periodically reviews the quantities and carrying values of inventories to assess whether the inventories are recoverable. The costs associated with provisions for excess quantities, technological obsolescence, or component rejections are charged to cost of sales as incurred.
Goodwill — Goodwill is the amount by which the cost of the acquired net assets in a business acquisition exceeded the fair values of the net identifiable assets on the date of purchase. Goodwill is assessed for impairment at least annually, on a reporting unit basis, or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. The process of evaluating the potential impairment of goodwill is subjective and requires significant judgment at many points during the analysis. If the book value of a reporting unit exceeds its fair value, the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded in an amount equal to that excess. The results of the goodwill assessments for the years ended December 31, 2020 and 2019 are discussed in Note 7.
Intangible Assets — Intangible assets result from the Company's various business acquisitions. Intangible assets are reported at cost, net of accumulated amortization, and are amortized on a straight-line basis either over their estimated useful lives of one year to thirteen years or over the period the economic benefits of the intangible asset are consumed.
Property, Plant and Equipment — Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is determined using the straight-line method based on the estimated useful lives of the related assets. In the case of leasehold improvements, the estimated useful lives of the related assets do not exceed the remaining terms of the corresponding leases. The following table presents the assigned economic useful lives of property, plant and equipment:
Category  
Economic Useful Life
Buildings  
20-30 years
Machinery and equipment  
5-7 years
Office furniture and fixtures  
5-7 years
Expenditures for maintenance and repairs are charged to operating expense.
Long-Lived Assets — Long-lived assets, which consist primarily of property, plant and equipment and identifiable intangible assets, are reviewed by management for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When undiscounted expected future cash flows are less than the carrying value, an impairment loss is recorded equal to the amount by which the carrying value exceeds the fair value of assets. The Company incurred $671 and $2,498 of non-cash impairment charges related to long-lived assets during the years ended December 31, 2020 and 2019. There were no impairment charges recognized during the year ended December 31, 2018.
Included in other long-term assets is certain demonstration equipment. The demonstration equipment is amortized over the respective estimated economic lives, generally 3 years. The carrying value of the demonstration equipment totaled $6,506 and $7,591 at December 31, 2020 and 2019, respectively. Amortization expense of demonstration equipment for the years ended December 31, 2020, 2019 and 2018, was $4,166, $4,364 and $3,870, respectively.
Authorized Capital — The Company has authorized capital stock consisting of 175,000,000 shares of common stock, par value $0.0001 per share, and 5,000,000 shares of preferred stock, par value $0.0001 per share. There are no shares of preferred stock outstanding as of December 31, 2020. 
Revenue Recognition — Revenue is recognized when transfer of control to the customer occurs in an amount reflecting the consideration that the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when a performance obligation is satisfied.
The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be contracts with a customer. As part of its consideration of the contract, the Company evaluates certain factors including the customer's ability to pay (or credit risk). For each contract, the Company considers the promise to transfer products, each of which is distinct as the identified performance obligations. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. As
F-10
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



the Company's standard payment terms are less than one year, the Company has elected the practical expedient under ASC 606-10-32-18 to not assess whether a contract has a significant financing component. The Company allocates the transaction price to each distinct product based on its relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer (i.e., when the Company's performance obligation is satisfied), which typically occurs at shipment but which can occur over time for certain of the Company's systems contracts.
The Company often receives orders with multiple delivery dates that may extend across several reporting periods. The Company allocates the transaction price of the contract to each delivery based on the product standalone selling price. The Company invoices for each scheduled delivery upon shipment and recognizes revenues for such delivery at that point, assuming transfer of control has occurred. As scheduled delivery dates are generally within one year, under the optional exemption provided by ASC 606-10-50-14 revenues allocated to future shipments of partially completed contracts are not disclosed.
Rights of return are not generally included in customer contracts. Accordingly, upon application of steps one through five above, product revenue is recognized upon shipment and transfer of control. Returns are infrequent and are recorded as a reduction of revenue.
In certain subsidiaries the Company provides sales commissions to sales representatives based on sales volume. The Company has determined that the incentive portion of its sales commissions qualify as contract costs. The Company has elected the practical expedient in ASC 340-40-25-4 to expense sales commissions when incurred as the amortization period of the asset that would otherwise have been recognized is one year or less.
Revenue Recognition at a Point in Time — Revenues recognized at a point in time consist primarily of product, installation and service sales. The Company sells products to original equipment manufacturers ("OEMs") that supply materials processing laser systems, communications systems, medical laser systems and other laser systems for advanced applications to end users. The Company also sells products to end users that use IPG products directly to build their own systems, which incorporate or use IPG products as an energy or light source. The Company recognizes revenue for laser and spare part sales following the transfer of control of such products to the customer, which typically occurs upon shipment or delivery depending on the terms of the underlying contracts. Installation revenue is recognized upon completion of the installation service, which typically occurs within 90 days of delivery. For laser systems that carry customer specific processing requirements, revenue is recognized at the latter of customer acceptance date or shipment date if the customer acceptance is made prior to shipment. When sales contracts contain multiple performance obligations, such as the shipment or delivery of products and installation, the Company allocates the transaction price to each performance obligation identified in the contract based on relative standalone selling prices and recognizes the related revenue as control of each individual product or service is transferred to the customer, in satisfaction of the corresponding performance obligations.
Revenue Recognition over Time — Warranties are limited and provide that the product meets specifications and is free from defects in materials and workmanship. The Company also offers extended warranty agreements, which extend the standard warranty periods. Extended warranties are sold separately from products and represent a distinct performance obligation. Revenue related to the performance obligation for extended warranties is recognized over time as the customer simultaneously receives and consumes the benefits provided by the Company. The customer receives the assurance that the product will operate in accordance with agreed-upon specifications evenly during the extended warranty period regardless of whether they make a claim during that period, and therefore, revenue at time of sale is deferred and recognized over the time period of the extended warranty period.
With the acquisition of Genesis Systems Group, LLC in December 2018, the Company enters into contracts to sell customized robotic systems, for which revenue is generally recognized over time, depending on the terms of the contract. Recognizing revenue over time for these contracts is based on the Company’s judgment that the customized robotic system does not have an alternative use and the Company has an enforceable right to payment for performance completed to date.
The determination of the revenue to be recognized in a given period for performance obligations over time is based on the input method. The Company generally uses the total cost-to-cost input method of progress because it best depicts the transfer of control to the customer that occurs as costs are incurred. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to date to the total estimated costs at completion of the performance obligation.
Customer Deposits and Deferred Revenue — When the Company receives consideration from a customer or such consideration is unconditionally due prior to transferring goods or services under the terms of a sales contract, the Company
F-11
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



records customer deposits or deferred revenue, which represent contract liabilities. The Company recognizes deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria are met.
Warranties — The Company typically provides one to five-year warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas. The Company estimates the warranty accrual considering past claims experience, the number of units still covered by warranty and the average life of the remaining warranty period. The warranty accrual has generally been sufficient to cover product warranty repair and replacement costs.
Stock-Based Compensation — The Company accounts for stock-based compensation expense using the fair value of the awards granted. The Company estimates the fair value of stock options granted using the Black-Scholes model, it values restricted stock units ("RSUs") and certain performance stock units with operating cash flow targets ("OCF PSUs") using the intrinsic value method, and it uses a Monte Carlo simulation model to estimate the fair value of certain performance stock units with total stockholder return targets ("TSR PSUs"). The Company accounts for forfeitures as they occur. The Company amortizes the fair value of stock options and other equity awards on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods. Stock options and RSUs generally vest annually on the anniversary of the grant date over a four-year period. TSR PSUs and OCF PSUs cliff-vest on March 1st following the third anniversary of the grant date based upon achievement of performance targets established at grant. The description of the Company's stock-based compensation plans and the assumptions it uses to calculate the fair value of stock-based compensation is more fully described in Note 15, "Stock-based Compensation."
Advertising Expense — The cost of advertising is expensed as incurred. The Company conducts substantially all of its sales and marketing efforts through trade shows, professional and technical conferences, direct sales and the Company's website. The Company's advertising costs were not material for the periods presented.
Research and Development — Research and development costs are expensed as incurred.
Restructuring — The Company records charges associated with approved restructuring plans to reorganize operations, to remove redundant headcount and infrastructure associated with business acquisitions or to improve the efficiency of business processes. Restructuring charges can include severance costs to eliminate a specific number of positions, infrastructure charges to vacate facilities and consolidate operations and contract cancellation costs. The Company records restructuring charges when they are probable and estimable. The Company accrues for severance and other employee separation costs under these plans when the employees accept the offer and the amount can be reasonably estimated.
Income Taxes — Deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts and tax basis of assets and liabilities and net operating loss and credit carryforwards using enacted rates in effect when those differences are expected to reverse. Valuation allowances are provided against deferred tax assets that are not deemed to be recoverable. The Company recognizes tax positions that are more likely than not to be sustained upon examination by relevant tax authorities. The tax positions are measured at the greatest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement.
The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. The reserves are based on a determination of whether and how much of a tax benefit taken in its tax filings or positions is more likely than not to be realized following resolution of uncertainties related to the tax benefit, assuming that the matter in question will be raised by the tax authorities.
Concentration of Credit Risk — Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, short-term investments and accounts receivable. The Company maintains substantially all of its cash and cash equivalents, short-term investments and marketable securities in various financial institutions, which it believes to be high-credit quality financial institutions. The Company grants credit to customers in the ordinary course of business and provides a reserve for potential credit losses. Such losses historically have been within management's expectations.
One customer comprised 8%, 9% and 12% of net sales during the years ended December 31, 2020, 2019 and 2018 respectively. The same customer accounted for 21% and 24% of our net accounts receivable as of December 31, 2020 and 2019, respectively. The Company has historically depended on a few customers for a significant percentage of its annual net
F-12
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



sales. The composition of this group can change from year to year. Net sales derived from the Company's five largest customers as a percentage of its annual net sales were 24%, 21% and 26% in 2020, 2019 and 2018, respectively.
Comprehensive Income — Comprehensive income includes charges and credits to equity that are not the result of transactions with stockholders. Included within comprehensive income is the cumulative foreign currency translation adjustment, change in carrying value of auction rate securities, unrealized gains or losses on derivatives and unrealized gains or losses on available-for-sale investments. These adjustments are accumulated within the consolidated statements of comprehensive income.
Total components of accumulated other comprehensive loss were as follows:
December 31,
20202019
Foreign currency translation adjustments$(145,603)$(147,161)
Unrealized gain on auction rate securities— 232 
Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively
(462)10 
Accumulated other comprehensive loss$(146,065)$(146,919)
Derivative Instruments — The Company's primary market exposures are to interest rates and foreign exchange rates. The Company from time to time may use certain derivative financial instruments to help manage these exposures. The Company executes these instruments with financial institutions it judges to be credit-worthy. The Company does not hold or issue derivative financial instruments for trading or speculative purposes. The Company recognizes all derivative financial instruments as either assets or liabilities at fair value in the consolidated balance sheets.
Business Segment Information — The Company operates in one segment which involves the design, development, production and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The Company has a single, company-wide management team that administers all properties as a whole rather than as discrete operating segments. The chief operating decision maker, who is the Company's chief executive officer, measures financial performance as a single enterprise, and not on geography, legal entity, or end market basis. Throughout the year, the chief operating decision maker allocates capital resources on a project-by-project basis across the Company's entire asset base to maximize profitability without regard to geography, legal entity, or end market basis. The Company operates in a number of countries throughout the world in a variety of product lines. Information regarding product lines and geographic financial information is provided in Note 2, "Revenue from Contracts with Customers" and Note 8, "Property, Plant and Equipment."
Earnings Per Share — Basic net income per share is computed by dividing net income attributable to shareholders of the Company by the weighted-average number of common shares outstanding during the reporting period. Diluted net income per share is computed similarly to basic net income per share, except that it includes the potential dilution that could occur if dilutive securities were exercised. Information about potentially dilutive and antidilutive shares for the reporting period is provided in Note 18, "Net Income Attributable to IPG Photonics Corporation Per Share."
Leases — The Company determines if an arrangement is a lease at inception. Operating leases are included in other assets, other current liabilities, and other long-term liabilities on the Company's consolidated balance sheets.
Right of use ("ROU") assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company's leases do not provide an implicit rate, IPG uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The ROU assets also include any lease payments made and initial direct costs incurred and exclude lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component.
F-13
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



Recent Accounting Pronouncements
Adopted Pronouncements — In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, "Measurement of Credit Losses on Financial Instruments" ("ASU 2016-13"), which adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance for its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. The ASU is also intended to reduce the complexity by decreasing the number of credit impairment models that entities use to account for debt instruments. The Company adopted ASU 2016-03, along with its subsequent clarifications, as of January 1, 2020. The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:
Balance atAdoption ofBalance at
December 31, 2019ASU 2016-13January 1, 2020
Balance Sheet
Accounts receivable, net$238,479 $(148)$238,331 
Deferred income taxes, net31,395 33 31,428 
Retained earnings2,028,734 (115)2,028,619 

In February 2016, the Financial Accounting Standards Board (“FASB”) issued a new standard related to leases to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. The Company adopted ASC 842, as of January 1, 2019, using the modified retrospective approach as of the date of adoption. Under this approach, comparative periods have not been restated. In addition, IPG elected the package of three practical expedients permitted under the transition guidance within the new standard, which among other things, allowed for the carry forward of the historical lease classification.

Subsequent Events — The Company has considered the impact of subsequent events through the filing date of these financial statements. There were no events through the filing date of these financial statements required to be disclosed.
2. REVENUE FROM CONTRACTS WITH CUSTOMERS
Sales are derived from products for different applications: fiber lasers, diode lasers, systems and accessories for materials processing, fiber lasers, amplifiers an diodes for advanced applications, fiber amplifiers and transceivers for communications applications, and fiber lasers, systems and fibers for medical applications. The following tables represent a disaggregation of revenue from contracts with customers for the years ended December 31, 2020, 2019 and 2018:
Year Ended December 31,
202020192018
Sales by Application
Materials processing$1,082,478 $1,229,211 $1,374,448 
Other applications118,246 85,370 85,426 
Total$1,200,724 $1,314,581 $1,459,874 

F-14
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



Year Ended December 31,
202020192018
Sales by Product
High Power Continuous Wave ("CW") Lasers$646,062 $734,745 $909,726 
Medium Power CW Lasers50,796 56,625 95,764 
Pulsed Lasers158,448 137,675 162,048 
Quasi-Continuous Wave ("QCW") Lasers50,333 56,440 66,700 
Laser and Non-Laser Systems93,727 141,647 59,330 
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue201,358 187,449 166,306 
Total$1,200,724 $1,314,581 $1,459,874 

Sales by Geography
North America$246,189 $280,886 $202,743 
Europe:
Germany65,646 81,365 111,259 
Other including Eastern Europe/CIS219,540 249,871 296,917 
Asia and Australia:
China502,278 491,890 629,079 
Japan53,180 71,757 87,619 
Other103,785 121,586 127,251 
Rest of World10,106 17,226 5,006 
Total$1,200,724 $1,314,581 $1,459,874 

Timing of Revenue Recognition
Goods and services transferred at a point in time$1,144,237 $1,233,065 $1,447,343 
Goods and services transferred over time56,487 81,516 12,531 
Total$1,200,724 $1,314,581 $1,459,874 
The Company enters into contracts to sell lasers and spare parts, for which revenue is generally recognized upon shipment or delivery, depending on the terms of the contract. The Company also provides installation services and extended warranties. The Company frequently receives consideration from a customer prior to transferring goods to the customer under the terms of a sales contract. The Company records customer deposits related to these prepayments, which represent a contract liability. The Company also records deferred revenue related to installation services when consideration is received before the services have been performed. The standalone selling price for installation services is determined based on the estimated number of days of service technician time required for installation at standard service rates. The Company recognizes customer deposits and deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria is met. The Company bills customers for extended warranties upon entering into the agreement with the customer, resulting in deferred revenue. The timing of customer payments on contracts for the sale of customized robotic systems generally differs from the timing of revenue recognized, resulting in contract assets and liabilities. Contract assets are included within prepaid expense and other current assets on the consolidated balance sheets. Contract liabilities are included within accrued expenses and other current liabilities on the consolidated balance sheets.
F-15
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



The following table reflects the changes in the Company's contract assets and liabilities for the years ended December 31, 2020 and 2019:
December 31,January 1,December 31,January 1,
20202020Change20192019Change
Contract assets
Contract assets$8,999 $9,645 $(646)$9,645 $10,102 $(457)
Contract liabilities
Contract liabilities - current71,246 59,531 11,715 59,531 52,606 6,925 
Contract liabilities - long-term2,189 1,820 369 1,820 1,413 407 
During the year ended December 31, 2020 and 2019, the Company recognized revenue of $48,738 and $45,223, respectively, that was included in the contract liabilities at the beginning of the period.
The Company has elected the practical expedient in ASC 606-10-50-14, whereby the performance obligations for contracts with an original expected duration of one year or less are not disclosed. The following table represents the Company's remaining performance obligations from contracts that are recognized over time as of December 31, 2020:
Remaining Performance Obligations
20212022202320242025ThereafterTotal
Revenue expected to be recognized for extended warranty agreements$3,795 $996 $675 $381 $113 $11 $5,971 
Revenue to be earned over time from contracts to sell robotic systems17,513 1,336 — — — — 18,849 
Total$21,308 $2,332 $675 $381 $113 $11 $24,820 

3. FAIR VALUE MEASUREMENTS
The Company's financial instruments consist of cash equivalents, short-term and long-term investments, accounts receivable, auction rate securities, accounts payable, drawings on revolving lines of credit, long-term debt, interest rate swaps and contingent purchase consideration.
The valuation techniques used to measure fair value are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect internal market assumptions. These two types of inputs create the following fair value hierarchy: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions. The Company classifies its financial instruments according to the prescribed criteria.
The carrying amounts of money market fund deposits, term deposits, accounts receivable, accounts payable and drawings on revolving lines of credit are considered reasonable estimates of their fair market value due to the short maturity of most of these instruments or as a result of the competitive market interest rates, which have been negotiated. The fair value of the Company's bond securities is based upon quoted prices for instruments with identical terms in active markets. The Company's commercial paper securities reported at fair value are based upon model-driven valuations in which all significant inputs are observable or can be derived from or corroborated by observable market data for substantially the full term of the asset or liability, and are therefore classified as Level 2.
F-16
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



The following table presents fair value information related to the Company's assets and liabilities measured at amortized cost on the consolidated balance sheets with the exception of the interest rate swap, which is measured at fair value:
 Fair Value Measurements at December 31, 2020
 TotalLevel 1Level 2Level 3
Assets
Cash equivalents:
Money market fund deposits and term deposits$218,984 $218,984 $— $— 
U.S. Treasury and agency obligations6,999 — 6,999 — 
Commercial paper162,749 — 162,749 — 
Corporate bonds29,010 — 29,010 — 
Short-term investments:
U.S. Treasury and agency obligations49,996 — 49,996 — 
Municipal bonds7,997 — 7,997 — 
Corporate bonds88,171 — 88,171 — 
Commercial paper368,665 — 368,665 — 
Total assets$932,571 $218,984 $713,587 $— 
Liabilities
Long-term notes$38,402 $— $38,402 $— 
Contingent purchase consideration1,963 — — 1,963 
Interest rate swap603 — 603 — 
Total liabilities$40,968 $— $39,005 $1,963 

  Fair Value Measurements at December 31, 2019
 TotalLevel 1Level 2Level 3
Assets
Cash equivalents:
Money market fund deposits and term deposits
$155,080 $155,080 $— $— 
Commercial paper
54,712 — 54,712 — 
Short-term investments:
Corporate bonds
259,422 259,422 — — 
Commercial paper
236,752 — 236,752 — 
Certificate of deposit6,501 6,501 — — 
Long-term investments and other assets:
Auction rate securities
592 — — 592 
Interest rate swap
13 — 13 — 
Total assets
$713,072 $421,003 $291,477 $592 
Liabilities
Long-term notes
$42,004 $— $42,004 $— 
Contingent purchase consideration
273 — — 273 
Total liabilities
$42,277 $— $42,004 $273 
Short-term investments consist of liquid investments including U.S. government and government agency notes, corporate bonds, commercial paper and certificates of deposit with original maturities of greater than three months but less than one year and are recorded at amortized cost. There were no impairments for the investments considered held-to-maturity at December 31, 2020 and December 31, 2019.
F-17
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



The following table presents the effective maturity dates of debt investments, which are held-to-maturity:
December 31, 2020December 31, 2019
Book ValueFair ValueBook ValueFair Value
Investment maturity
Less than 1 year$514,835 $514,829 $502,546 $502,675 

The Company entered into an interest rate swap that is designated as a cash flow hedge associated with a long-term note issued during the second quarter of 2016 that will terminate with the long-term note in May 2023. The fair value at December 31, 2020 for the interest rate swap considered pricing models whose inputs are observable for the securities held by the Company.
At December 31, 2020 and December 31, 2019, the Company's long-term notes consisted of a variable rate note and a fixed rate note, and are reported at amortized cost on the consolidated balance sheets. For disclosure purposes, the fair value of the long-term notes was estimated using a discounted cash flow model using observable market interest rates and are classified as a level 2. Based on the discounted cash flow model, the fair values of the long-term notes at December 31, 2020 and 2019 were $38,402 and $42,004, respectively, as compared to the book value of $37,967 and $41,708, respectively.
The fair value of contingent consideration was determined using an income approach at the respective business combination date and at the reporting date. That approach is based on significant inputs that are not observable in the market and include key assumptions such as assessing the probability of meeting certain milestones required to earn the contingent consideration.
The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:
202020192018
Auction rate securities
Balance, January 1$592 $847 $1,016 
Redemptions(596)(264)(207)
Change in fair value4 9 38 
Balance, December 31$— $592 $847 
Contingent purchase consideration
Balance, January 1$273 $898 $902 
Period transactions1,963 — — 
Cash payments(272)(632)— 
Change in fair value— (29)48 
Foreign exchange adjustment(1)36 (52)
Balance, December 31$1,963 $273 $898 
The auction rate securities were called during the year ended December 31, 2020. The net gain previously included in accumulated other comprehensive income was released and included in net income, in the amount of $232.
F-18
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



4. INVENTORIES
Inventories consist of the following:
December 31,
 20202019
Components and raw materials$190,775 $200,390 
Work-in-process47,251 49,620 
Finished goods126,967 130,780 
Total
$364,993 $380,790 
The Company recorded inventory provisions totaling $45,375, $38,902 and $12,981 for the years ended December 31, 2020, 2019 and 2018, respectively. These provisions relate to the recoverability of the value of inventories due to technological changes and excess quantities. These provisions are reported as a reduction to components and raw materials and finished goods.
5. BUSINESS COMBINATIONS
During the fourth quarter of 2020, the Company acquired Pi-Tecnologia S.A. ("PiTec"), which is located in Brazil, to support development in advanced photonics. The acquisition price was $2,717, of which $906 was paid at closing and the remainder of which may be earned over three years based on reaching certain financial targets. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $3,211. The goodwill arising from this acquisition will not be deductible for tax purposes. The purchase price allocations related to the PiTec acquisition included in the Company's consolidated financial statements are not complete. They represent the preliminary fair value estimates as of December 31, 2020 and are subject to subsequent adjustment as the Company obtains additional information during the measurement period and finalizes its fair value estimates. Any subsequent adjustments to these fair value estimates occurring during the measurement period will result in changes to the amounts and allocations recorded.
During the first quarter of 2019, the Company acquired the submarine networks division (SND) of Padtec SA, a communications equipment company based in Brazil. SND is a provider of submarine networking technology and systems. The Company paid $19,560 to acquire SND, which represents the fair value on that date. Of the purchase price, $2,322 at December 31, 2020 ($2,914 at December 31, 2019) was held back in a restricted bank account for potential post-closing adjustments related to indemnities provided by the seller. The restricted cash balance is recorded in the consolidated balance sheets as presented in Note 1. The liability related to the amount due to the seller if the indemnities are satisfied is included within accrued expenses and other current liabilities as of December 31, 2020 on the consolidated balance sheets. Any excess of the purchase price was allocated to goodwill.
During the fourth quarter of 2018, the Company acquired 100% of the membership units of Genesis System Group, LLC (“Genesis Systems”). Genesis Systems is based in Davenport, Iowa, and has production facilities in the United States, Mexico, and Japan. Genesis Systems develops innovative robotic system solutions for applications that include welding, non-destructive inspection, machine vision, materials handling, removal and dispensing. The Company paid $107,987 to acquire Genesis Systems, which represents the fair value on that date. The purchase price includes $448, which was paid for the working capital adjustment finalized in the first quarter of 2019. As a result of the acquisition, the Company recorded intangible assets of $32,350 related to customer relationships with a weighted-average estimated useful life of 11 years and $11,350 related to technology, trademark and tradename with a weighted-average estimated useful life of 6 years. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $45,684, most of which will be deductible for tax purposes.
During the second quarter of 2018, the Company acquired 100% of the shares of robot concept GmbH (“RC”). RC is located near Munich, Germany, designs and manufactures customized laser systems. The purchase price was $4,453, which represents the fair value on that date. As a result of the acquisition, the Company recorded intangible assets of $111 related to customer relationships with a weighted-average estimated useful life of 1 year and $594 related to technology, trademark and tradename with a weighted-average estimated useful life of 10 years. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $4,072. The goodwill arising from this acquisition will not be deductible for tax purposes.
F-19
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



The fair values of net tangible assets and intangible assets acquired were based upon the Company's estimates and assumptions at the acquisition dates. The following table summarizes the allocation of the assets acquired and liabilities assumed at the acquisition dates for the year ended December 31, 2018:
Genesis SystemsRCTotal
Cash and cash equivalents $2,847 $30 $2,877 
Assets acquired excluding cash and cash equivalents and deferred tax assets39,262 2,151 41,413 
Liabilities assumed excluding deferred tax liabilities(23,506)(1,932)(25,438)
Deferred tax liabilities, net— (573)(573)
Intangible assets43,700 705 44,405 
Total identifiable net assets
62,303 381 62,684 
Goodwill45,684 4,072 49,756 
Total purchase price
$107,987 $4,453 $112,440 
The operating results of Genesis Systems and RC are included in the consolidated results of operations from the date of acquisition. The impact of earnings from Genesis Systems and RC from January 1, 2018 to the date of acquisition were not material to the Company. If the Genesis Systems acquisition had occurred on January 1, 2018, the unaudited consolidated pro forma net sales would have been $1,551,373 for the year ended December 31, 2018.
6. RESTRUCTURING
In the second half of 2019, the Company implemented restructuring programs globally, which were primarily focused on workforce reduction, facility consolidation and ceasing investment in the submarine telecommunications industry.
Activity related to the restructuring accrual was as follows:
Severance and Employee Benefit CostsContract CancellationsTotal
Balance at January 1, 2019$— $— $— 
Charges1,466 314 1,780 
Cash payments(1,317)(275)(1,592)
Balance at December 31, 2019149 39 188 
Charges417 89 506 
Cash payments(560)(128)(688)
Foreign exchange adjustment(6)— (6)
Balance at December 31, 2020$— $— $— 

7. GOODWILL AND INTANGIBLE ASSETS
The following table sets forth the changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019:
 20202019
Balance at January 1$82,092 $100,722 
Adjustments to goodwill during the measurement period— 448 
Goodwill arising from business combinations3,211 19,076 
Impairment losses(44,589)(37,120)
Foreign exchange adjustment 652 (1,034)
Balance at December 31$41,366 $82,092 
F-20
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



The Company tests its reporting units for goodwill impairment annually as of the first day of the fourth quarter, or more frequently if events or circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. For certain reporting units, the Company performed a quantitative assessment using the discounted cash flow method under the income approach to estimate the fair value.
During the third quarter of 2020, the Company concluded that declines in revenue and order flow for the Genesis custom systems business caused by pandemic-related decreases in capital spending in the aerospace and transportation industries were a triggering event requiring a goodwill impairment evaluation. The Company performed a quantitative assessment using the discounted cash flow method under the income approach as well as the guideline public company analysis and guideline transaction analysis under the market approach to estimate the fair value of the custom systems business. As a result, the Company recognized a non-cash impairment loss of $44,589, which was equal to the carrying amount of goodwill prior to its impairment. The analysis considered internal forecasts of sales, profitability and capital expenditures, as well as valuation multiples of comparable public companies and valuation multiples of transactions of comparable companies. The Company performed the 2020 annual impairment test as of October 1, 2020, and no additional impairments were recorded as a result of this test. The carrying balance of goodwill at December 31, 2020 was net of accumulated impairments of $81,709.
As a result of the 2019 annual impairment test for the transceivers reporting unit, the Company recognized a non-cash impairment loss of $19,325, which was equal to the goodwill carrying amount prior to its impairment. The analysis considered lower than forecasted sales and profitability, as well as the impact of delays in new product launches. Additionally, in 2019 the Company decided that it would not make further investments required to obtain the necessary market share in the submarine telecommunications industry and commenced efforts to sell the submarine networks reporting unit. As a result that decision, the Company recognized a non-cash impairment loss of $17,795, which decreased the net assets to the estimated net realizable value as of December 31, 2019. The Company sold the submarine networks reporting unit in the third quarter of 2020. The carrying balance of goodwill at December 31, 2019 was net of accumulated impairments of $37,120.
Intangible assets, subject to amortization, consisted of the following: 
 December 31, 2020December 31, 2019
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Weighted- Average Lives
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Weighted- Average Lives
Customer relationships$58,041 $(17,674)$40,367 11 years$57,866 $(11,993)$45,873 11 years
Technology, trademark and trade name40,518 (20,949)19,569 7 years41,297 (16,128)25,169 7 years
Production know-how9,325 (8,167)1,158 7 years9,180 (7,415)1,765 7 years
Patents8,036 (7,016)1,020 8 years8,036 (6,572)1,464 8 years
Total
$115,920 $(53,806)$62,114 $116,379 $(42,108)$74,271 
Amortization expense for the years ended December 31, 2020, 2019 and 2018 was $11,974, $12,945 and $8,170, respectively.
The estimated future amortization expense for intangibles as of December 31, 2020 is as follows:
20212022202320242025ThereafterTotal
$11,591 $10,761 $9,861 $7,522 $6,311 $16,068 $62,114 

F-21
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



8. PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consist of the following: 
 December 31,
 20202019
Land$51,454 $45,676 
Buildings412,725 400,617 
Machinery and equipment473,420 449,783 
Office furniture and fixtures77,196 70,001 
Construction-in-progress70,341 44,201 
Total property, plant and equipment1,085,136 1,010,278 
Accumulated depreciation(487,609)(409,426)
Total property, plant and equipment — net$597,527 $600,852 
The Company recorded depreciation expense of $78,414, $78,959 and $68,231 for the years ended December 31, 2020, 2019 and 2018, respectively.
Long-lived assets include property, plant and equipment, related deposits on such assets and demonstration equipment. The geographic locations of the Company's long-lived assets, net, based on physical location of the assets, as of December 31, 2020 and 2019 are as follows:
 December 31,
 20202019
United States$362,395 $366,059 
Germany86,980 86,881 
Russia66,924 84,471 
Belarus38,304 28,361 
China8,175 8,933 
Other49,170 43,255 
Total$611,948 $617,960 

9. ACCRUED EXPENSES AND OTHER LIABILITIES
Accrued expenses and other liabilities consist of the following:
December 31,
 20202019
Contract liabilities$71,246 $59,531 
Accrued compensation62,785 48,881 
Current portion of accrued warranty24,345 23,114 
Short-term lease liabilities5,778 5,300 
Other12,586 12,956 
Total$176,740 $149,782 

F-22
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



10. PRODUCT WARRANTIES
Activity related to the warranty accrual was as follows:
202020192018
Balance at January 1$48,866 $51,422 $47,517 
Provision for warranty accrual24,555 22,613 24,948 
Warranty claims(30,002)(24,826)(18,922)
Foreign currency translation and other2,250 (343)(2,121)
Balance at December 31$45,669 $48,866 $51,422 
Accrued warranty reported in the accompanying consolidated financial statements as of December 31, 2020 and December 31, 2019 consists of $24,345 and $23,114 in accrued expenses and other liabilities and $21,324 and $25,752 in other long-term liabilities, respectively.
11. FINANCING ARRANGEMENTS
The Company's borrowings under existing financing arrangements consist of the following: 
December 31,
 20202019
Total notes payable$37,967 $41,708 
Less: current portion(3,810)(3,740)
Total long-term debt$34,157 $37,968 
Term Debt:
Long-Term Notes — At December 31, 2020, the outstanding principal balance on the long-term notes was $37,967 of which $3,810 is the current portion. The Company has an unsecured long-term note of $18,406 of which $1,187 is the current portion. The interest on this unsecured long-term note is variable at 1.20% above LIBOR and is fixed using an interest rate swap at 2.85% per annum. The unsecured long-term note matures in May 2023, at which time the outstanding principal balance will be $15,438. The Company has another note that is secured by the corporate aircraft with an outstanding principal balance of $19,561 of which $2,623 is the current portion. The interest on this collateralized long-term note is fixed at 2.74% per annum. The collateralized long-term note matures in July 2022, at which time the outstanding principal balance will be $15,375.
The future principal payments for the Company’s notes as of December 31, 2020 are as follows:
2021$3,810 
202218,126 
202316,031 
Total$37,967 
Revolving Line of Credit Facilities:
U.S. Line of Credit — The Company maintains an unsecured revolving line of credit with a principal amount of $75,000, expiring in April 2025. The line of credit bears interest at a variable rate of LIBOR plus 0.80% to 1.20% depending on the Company's financial performance. Part of this credit facility is available to the Company's foreign subsidiaries including those in India, China, Japan and Brazil based on management discretion. At December 31, 2020, there were no outstanding drawings, however, there were $3,300 of guarantees issued against the line which reduced the total availability. At December 31, 2020, the remaining availability under this line was $71,700.
The Company is required to meet certain financial covenants associated with its U.S. revolving line of credit and long-term debt facility. These covenants, tested quarterly, include an interest coverage ratio and a funded debt to earnings before interest, taxes, depreciation and amortization ("EBITDA") ratio. The interest coverage covenant requires that the Company maintains a trailing twelve-month ratio of EBITDA to interest on all obligations that is at least 3.0:1.0. The funded debt to EBITDA covenant requires that the sum of all indebtedness for borrowed money on a consolidated basis be less than three
F-23
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



times its trailing twelve months EBITDA. Funded debt is decreased by its cash and available marketable securities not classified as long-term investments in the U.S. in excess of $50,000 up to a maximum of $500,000.
 Euro Line of Credit — The Company maintains an unsecured revolving line of credit with a principal amount of €50,000 ($61,319 at December 31, 2020), expiring in July 2023. The line of credit bears interest at various rates based upon the type of loan. This credit facility is available to the Company's foreign subsidiaries including those in Germany, Russia, China and Italy based on management discretion. At December 31, 2020, there were no drawings, however, there were $3,424 of guarantees issued against the line which reduced the total availability. At December 31, 2020, the remaining availability under this line was $57,895.
Other European Facilities — The Company maintains two Euro credit lines in Italy with aggregate available principal of €2,000 ($2,453 as of December 31, 2020), with no expiration date, which bear interest at market rates that reset at the beginning of each quarter. At December 31, 2020, there were no outstanding drawings and the aggregate remaining availability under these lines was $2,453. These facilities are collateralized by a common pool of the assets of the Company's Italian subsidiary.
12. DERIVATIVE INSTRUMENTS
The Company's only outstanding derivative financial instrument is an interest rate swap that is classified as a cash flow hedge of its variable rate debt. The fair value amounts in the consolidated balance sheets were:
 December 31,
 20202019
Notional amounts (1)
$18,406 $19,594 
Fair values:
Other assets— 13 
Deferred income taxes and other long-term liabilities603 — 
(1) Notional amounts represent the gross contract/notional amount of the derivative outstanding.
The derivative gains and losses in the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018, related to the Company's current and previous interest rate swap contracts were as follows:
 Year Ended December 31,
 202020192018
Effective portion recognized in other comprehensive income (loss), pretax:
Interest rate swap$(616)$(18)$15 

13. LEASES
The Company leases certain warehouses, office spaces, land, vehicles and equipment under operating lease agreements. The remaining terms of these leases range from less than 1 year to 44 years. The operating lease expense for the years ended December 31, 2020, 2019 and 2018, totaled $7,797, $8,800 and $6,175, respectively. The cash paid for amounts included in the measurement of lease liabilities included in the operating cash flows from operating leases was $6,634 and $6,802 for the years ended December 31, 2020 and 2019, respectively. The Company does not have any finance lease arrangements.
The Company's operating lease assets and lease liabilities consist of the following as of December 31, 2020 and 2019:
Year Ended December 31,
AccountClassification20202019
Right-of-use assetsOther assets$21,720 $23,028 
Short-term lease liabilitiesAccrued expenses and other liabilities5,778 5,300 
Long-term lease liabilitiesDeferred income taxes and other long-term liabilities18,448 20,410 
Total lease liabilities$24,226 $25,710 
F-24
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(In thousands, except share and per share data)



The table below presents the maturities of operating lease liabilities as of December 31, 2020:
2021$6,452 
20224,854 
20233,573 
20242,251 
20252,076 
Thereafter8,311 
Total future minimum lease payments27,517 
Less: imputed interest(3,291)
Present value of lease liabilities$24,226 
Other information relevant to the Company's operating leases consist of the following as of December 31, 2020 and 2019:
Year Ended December 31,
20202019
Weighted-average remaining lease term9 years9 years
Weighted-average discount rate3.46 %3.58 %

14. COMMITMENTS AND CONTINGENCIES
Employment Agreements — The Company has entered into employment agreements with certain members of senior management. The terms of these agreements are up to three years and include non-competition, non-solicitation and nondisclosure provisions, as well as provisions for defined severance for terminations of employment under certain conditions and a change of control of the Company. The Company also maintains a severance plan for certain of its senior management providing for defined severance for terminations of employment under certain conditions and a change of control of the Company.
Contractual Obligations — The Company has entered into various purchase obligations that include agreements for construction of buildings, raw materials and equipment. Obligations under these agreements were $51,730 and $53,922 as of December 31, 2020 and 2019, respectively.
Legal proceedings — From time to time, the Company may be involved in disputes and legal proceedings in the ordinary course of its business. These proceedings may include allegations of infringement of intellectual property, commercial disputes and employment matters. As of December 31, 2020 and through the date of the Company's subsequent review period of February 22, 2021, the Company has no legal proceedings ongoing that management estimates could have a material effect on the Company's Consolidated Financial Statements.
15. STOCK-BASED COMPENSATION
Stock-based compensation is included in the following financial statement captions: 
 Year Ended December 31,
 202020192018
Cost of sales$10,392 $9,249 $6,535 
Sales and marketing4,395 3,815 2,550 
Research and development9,122 7,690 6,410 
General and administrative11,749 12,824 12,532 
Total stock-based compensation35,658 33,578 28,027 
Tax benefit recognized(7,498)(5,114)(6,632)
Net stock-based compensation$28,160 $28,464 $21,395 
F-25
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
Incentive Plans — In February 2006, the Company's board of directors adopted the 2006 Incentive Compensation Plan (the "2006 Plan"), which provides for the issuance of stock options, performance stock units ("PSUs"), restricted stock units ("RSUs"), other equity-based awards and cash awards to the Company's directors, employees, consultants and advisors. In June 2006, the Company's board of directors adopted the Non-Employee Directors Stock Plan (the "Directors Plan") for non-employee directors, which was subsequently merged into the 2006 Plan. A total of 10,363,465 shares are reserved under the 2006 Plan. At December 31, 2020, 2,851,428 shares of the Company's stock were available for future grant under the 2006 Plan. The Company may grant stock options only at an exercise price equal to or greater than the fair market value of its common stock on the date of grant. Equity awards generally vest over periods of one to four years and generally expire ten years after the date of the grant. The vesting of awards under the 2006 Plan accelerate following the occurrence of certain change of control events, if the participant's employment is terminated within two years without cause or if the successor entity does not agree to assume existing awards or replace with equivalent value awards. Awards granted to non-employee directors automatically become exercisable upon a change of control. All shares issued under the 2006 Plan and Directors Plan are registered shares, newly issued by the Company.
The Company granted certain PSUs to executive officers and other senior managers. PSUs are based on relative total stockholder return ("TSR") and, starting in 2020, operating cash flow metrics ("OCF"). PSU agreements provide for the award of PSUs with each unit representing the right to receive one share of the Company's common stock to be issued after the applicable award vesting period. The final number of units awarded, if any, for these performance grants will be determined as of the vesting dates, based upon (i) in the case of TSR PSUs granted in 2020, the Company's total shareholder return over the performance period compared to the S&P 1500 Composite / Electronic Equipment Instruments & Components Index, and (ii) in the case of OCF PSUs, the ratios of the Company's operating cash flow to adjusted net income during three years in the performance period. The final number of units awarded under each of the TSR PSUs and OCF PSUs could range from between 0% and 200% of the amount of the target award.
During the year ended December 31, 2020, the Company did not grant stock options to employees, replacing them with a grant of RSUs. The assumptions used in the Black-Scholes model for the calculation of the options were as follows for the years ended December 31:
20192018
Expected term
4.3 - 5.1 years
4.1 - 4.9 years
Volatility
37% - 38%
31% - 36%
Risk-free rate of return
1.66% - 2.55%
2.54% - 3.01%
Dividend yield0.25%0.25%
Forfeiture rate—%—%
The following table summarizes the option activity for the years ended December 31:
Number of Options
Weighted-Average Exercise Price
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 20181,797,493 $73.95 
Granted257,111 232.26 
Exercised(282,720)58.94 
Forfeited(24,810)131.36 
Outstanding — December 31, 20181,747,074 98.93 5.80$58,084 
Granted334,740 153.78 
Exercised(192,533)56.58 
Forfeited(46,839)149.64 
Outstanding — December 31, 20191,842,442 112.03 5.73$85,110 
Granted— 
Exercised(533,716)70.17 
Forfeited(36,103)179.85 
Outstanding — December 31, 20201,272,623 $127.74 5.47$125,550 
Unvested — December 31, 2020382,729 $171.98 7.57$21,386 
Exercisable — December 31, 2020889,894 $108.71 4.57$104,164 
F-26
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
The intrinsic value of the options exercised during the years ended December 31, 2020, 2019 and 2018, was $52,868, $17,891 and $51,266, respectively. There were no options granted for the year ended December 31, 2020. The total compensation cost related to non-vested option awards not yet recorded at December 31, 2020 was $13,522 which is expected to be recognized over a weighted-average of 1.9 years.
The following table summarizes the RSUs activity for the years ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 2018378,261 $96.23 
Granted80,254 227.45 
Vested(97,997)91.62 
Canceled(9,497)121.37 
Outstanding — December 31, 2018351,021 126.93 2.62$39,767 
Granted120,090 151.94 
Vested(147,606)120.58 
Canceled(16,667)139.73 
Outstanding — December 31, 2019306,838 139.09 2.57$44,467 
Granted198,606 145.10 
Vested(168,733)115.77 
Canceled(16,025)157.36 
Outstanding — December 31, 2020320,686 $154.29 1.33$71,766 
The intrinsic value of the RSUs that vested during the years ended December 31, 2020, 2019 and 2018, was $22,252, $22,638 and $22,978, respectively. The total compensation cost related to non-vested RSU awards not yet recorded at December 31, 2020 was $35,060 which is expected to be recognized over a weighted-average of 2.7 years. The aggregate fair value of awards vested during the year ended December 31, 2020 was $19,535.
F-27
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
The weighted-average fair value of TSR PSUs was determined using the Monte Carlo simulation model incorporating the following weighted-average assumptions:
202020192018
Performance term3.0 years3.0 years3.0 years
Volatility
19% - 44%
18% - 40%
13% - 32%
Risk-free rate of return1.39%2.48%2.41%
Dividend yield—%—%—%
Weighted-average fair value per share$169.28$192.46$284.78
The following table summarizes TSR PSUs activity for the years ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 201875,949 $119.45 
Granted33,706 238.12 
Vested— 
Canceled— 
Outstanding — December 31, 2018109,655 146.96 1.77$12,423 
Granted34,989 190.83 
Vested(43,594)128.54 
Canceled(1,208)228.68 
Outstanding — December 31, 201999,842 162.34 1.84$14,469 
Granted18,411 170.42 
Vested(48,659)106.03 
Canceled(1,769)204.01 
Outstanding — December 31, 202067,825 $206.21 1.28$15,179 
TSR PSUs are included at 100% of target goal. The intrinsic value of the TSR PSUs vested during the year ended December 31, 2020 was $6,211. The total compensation cost related to nonvested awards not yet recorded at December 31, 2020 was $5,190 which is expected to be recognized over a weighted average of 1.8 years. The aggregate fair value of awards vested during the year ended December 31, 2020 was $5,159.
The weighted-average fair value of the OCF PSUs was determined using the Black-Scholes model incorporating the following assumptions:
2020
Performance term3.0 years
Volatility—%
Risk-free rate of return1.39%
Dividend yield0.10%
Weighted-average fair value per share$143.51
F-28
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
The following table summarizes OCF PSUs activity for the year ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
  (In years)(In thousands)
Outstanding — January 1, 2020$— 
Granted24,817 $143.51 
Vested— 
Canceled(716)143.51 
Outstanding — December 31, 202024,101 $143.51 2.16$5,394 
OCF PSUs are included at 100% of target goal. The total compensation cost related to nonvested awards not yet recorded at December 31, 2020 was $2,495 which is expected to be recognized over a weighted average of 2.3 years.
16. EMPLOYEE BENEFIT PLANS
The Company maintains a defined contribution retirement plan offered to all of its U.S. employees, as well as plans at certain foreign and domestic subsidiaries. The Company makes matching contributions to each plan, which amounted to approximately $6,253, $6,005 and $4,261, respectively for years ended December 31, 2020, 2019 and 2018.
The Company has an employee stock purchase plan offered to its U.S. and German employees. The plan allows employees who participate to purchase shares of common stock through payroll deductions at a 15% discount to the lower of the stock price on the first day or the last day of the six-month purchase period. Payroll deductions may not exceed 10% of the employee's compensation and are subject to other limitations. Compensation expense related to the employee stock purchase plan was $2,033, $2,254 and $925 for the years ended December 31, 2020, 2019 and 2018, respectively. As of December 31, 2020, there were 294,544 shares available for issuance under the employee stock purchase plan.
17. INCOME TAXES
Income before the impact of income taxes for the years ended December 31 consisted of the following:
202020192018
U.S.$5,490 $59,790 $146,855 
Foreign200,202 188,586 387,540 
Total$205,692 $248,376 $534,395 
The Company's provision for income taxes for the years ended December 31 consisted of the following:
202020192018
Current:
Federal$3,871 $7,127 $7,274 
State688 2,405 2,097 
Foreign53,608 74,072 125,431 
Total current58,167 83,604 134,802 
Deferred:
Federal(10,300)(4,896)2,497 
State(1,594)(1,658)8,449 
Foreign(919)(8,935)(15,522)
Total deferred(12,813)(15,489)(4,576)
Provision for income taxes$45,354 $68,115 $130,226 
F-29
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision for the years ended December 31, were as follows:
202020192018
Tax at statutory rate$43,201 $52,159 $112,223 
Non-U.S. rate differential — net10,968 14,958 26,985 
State income taxes — net697 2,362 3,367 
Stock-based compensation - tax benefit(9,664)(5,114)(13,298)
Foreign derived intangible income benefit ("FDII")— (4,763)(7,930)
Global intangible low-taxed income taxed in the U.S. ("GILTI")— 4,648 5,955 
Goodwill impairment— 10,009 — 
Effect of 2017 U.S. Tax Cuts and Jobs Act— — (4,747)
Withholding tax on intercompany dividend2,193 3,122 — 
Effect of changes in enacted tax rates on deferred tax assets and liabilities(23)(639)8,007 
Federal and state tax credits(6,762)(12,173)(11,024)
Russia investment tax credit(3,228)— — 
Change in reserves, including interest and penalties3,878 779 2,290 
Change in valuation allowance2,019 4,515 7,421 
Other — net2,075 (1,748)977 
Provision for income taxes$45,354 $68,115 $130,226 
The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, were as follows:
20202019
Inventory provisions$29,657 $23,611 
Allowances and accrued liabilities12,719 10,502 
Deferred compensation3,256 9,428 
Other tax credits15,571 15,001 
Net operating loss carryforwards11,594 5,748 
Property, plant and equipment(7,401)(18,607)
Withholding tax on intercompany dividend(2,774)(3,597)
Valuation allowance(22,617)(14,384)
Net deferred tax assets$40,005 $27,702 
The Company has recorded $2,774 and $3,597 as a deferred tax liability on December 31, 2020 and 2019, respectively, for certain withholding and dividend taxes related to possible future distributions from subsidiaries to their respective parent companies. The Company paid a dividend from its German subsidiary in 2020 of $166,055 and continues to plan for future dividends to the extent the entity’s cash exceeds its operational and investment needs. Since there is no federal or withholding tax on such distributions from Germany to the U.S., the Company has accrued only a state tax on future dividends from Germany. Also, the Company’s subsidiary in Russia paid a dividend of $50,000 to its parent company in Germany in 2019 and paid a 5% withholding tax on that dividend. In addition, the Company accrues taxes to the extent that foreign subsidiaries have cash in excess of their operational needs. The withholding tax liabilities at both December 31, 2020 and 2019 are primarily related to dividends out of the Company’s Russian subsidiary. With regard to future repatriation of undistributed earnings of other non-U.S. subsidiaries, the Company continues to consider these earnings to be indefinitely reinvested to the extent the cash balance in each subsidiary is less than current needs for operations and expansion. At December 31, 2020 and 2019, the cumulative undistributed earnings in non-U.S. subsidiaries were approximately $1,051,893 and $1,078,879, respectively.
In determining the Company’s 2020 and 2019 tax provisions, the Company calculated the deferred tax assets and liabilities for each separate tax entity. The Company then considered a number of factors including the positive and negative
F-30
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
evidence regarding the realization of deferred tax assets to determine whether a valuation allowance should be recognized with respect to the deferred tax assets.
As of December 31, 2020 and 2019, the Company had state tax credit carryforwards (net of federal tax benefit) of $15,571 and $15,003, respectively. The state tax credit carryforwards begin expiring in 2021. The Company has determined that it is not more likely than not that some of the state credits will be used before the expiration date and has accrued a valuation allowance of $12,414 and $10,632 as of December 31, 2020 and 2019, respectively.
The Company has tax loss carryforwards in foreign jurisdictions totaling $36,318 and $13,218 as of December 31, 2020 and 2019, respectively. The Company does not believe it is more likely than not that any of the loss carryforwards can be used and has provided a valuation allowance against the tax benefit of the losses in foreign jurisdictions of $10,210 and $3,753 at December 31, 2020 and 2019, respectively. The Company's acquisition of Menara Networks, Inc. ("Menara") in 2016 included net operating loss carryforwards of $22,242. As of December 31, 2020 and 2019, the Company had $5,121 and $8,953 of these net operating loss carryforwards remaining, respectively. No valuation allowance has been provided for these carryforwards as the Company expects to be able to fully utilize them to offset future income.
The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. Reserves recorded are based on a determination of whether and how much of a tax benefit taken by the Company in the Company's tax filings or positions is "more likely than not" to be realized following resolution of any potential contingencies present related to the tax benefit, assuming that the matter in question will be raised by the tax authorities. The following is a tabular reconciliation of the total amounts of unrecognized tax benefits:
20202019
Balance at January 1$11,416 $11,206 
Change in prior period positions(427)(1,776)
Settlement of prior period position— (230)
Additions for tax positions in current period4,000 2,000 
Foreign exchange adjustments(283)216 
Balance at December 31$14,706 $11,416 
Substantially all of the liability for uncertain tax benefits related to various federal, state and foreign income tax matters, would benefit the Company's effective tax rate, if recognized.
Estimated penalties and interest related to the underpayment of income taxes were $305, $543 and $631 for the years ended December 31, 2020, 2019 and 2018, respectively, and are included within the provision for income taxes. Total accrued penalties and interest related to the underpayment of income taxes were $1,977 and $1,672 at December 31, 2020 and 2019, respectively.
The Company's uncertain tax positions are related to tax years that remain subject to examination by the relevant taxing authorities. The Company is currently under a tax audit in the U.S. for the years 2017 to 2018. Open tax years by major jurisdictions are:
United States
2017 - 2020
Germany
2017 - 2020
Russia
2016 - 2020

F-31
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
18. NET INCOME ATTRIBUTABLE TO IPG PHOTONICS CORPORATION PER SHARE
The following table sets forth the computation of diluted net income attributable to IPG Photonics Corporation per share: 
Year Ended December 31,
 202020192018
Net income attributable to IPG Photonics Corporation$159,572 $180,234 $404,027 
Net income attributable to common stockholders159,572 180,234 404,027 
Basic weighted average shares53,186 53,061 53,522 
Dilutive effect of common stock equivalents599 778 1,204 
Diluted weighted average common shares53,785 53,839 54,726 
Basic net income attributable to IPG Photonics Corporation per share$3.00 $3.40 $7.55 
Basic net income attributable to common stockholders$3.00 $3.40 $7.55 
Diluted net income attributable to IPG Photonics Corporation per share$2.97 $3.35 $7.38 
Diluted net income attributable to common stockholders$2.97 $3.35 $7.38 
The computation of diluted weighted average common shares excludes certain common stock equivalents, including non-qualified stock options, PSUs, RSUs and the employee stock purchase plan because the effect of including them would be anti-dilutive. The weighted average anti-dilutive shares outstanding for the years ended December 31, 2020, 2019 and 2018, respectively, were as follows:
Year Ended December 31,
202020192018
Non-qualified stock options536,500 571,000 204,300 
Restricted stock units29,100 58,700 60,500 
Performance stock units— 40,900 14,900 
Total weighed average anti-dilutive shares outstanding565,600 670,600 279,700 
On May 5, 2020, the Company announced that its Board of Directors authorized the purchase of up to $200,000 of IPG common stock. This new authorization is separate from, and in addition to, the Company's $125,000 stock repurchase program authorized in February 2019. Under the two share purchase authorizations, IPG may repurchase shares of common stock (a) in an amount not to exceed the lesser of the number of shares issued to employees and directors under the Company's various employee and director equity compensation and employee stock purchase plans in 2019 and 2020 or $125,000 plus (b) $200,000, in both cases exclusive of any fees, commissions or other expenses. Share repurchases may be made periodically in open-market transactions using the Company's working capital and are subject to market conditions, legal requirements and other factors. The share purchase program authorization does not obligate the Company to repurchase any dollar amount or number of its shares, and repurchases may be commenced or suspended from time to time without prior notice.
For the years ended December 31, 2020, 2019 and 2018, respectively, the Company repurchased 301,660 shares, 301,262 shares, and 1,051,825 shares of its common stock with an average price of $125.58, $135.21 and $167.39 per share in the open market, respectively. As of December 31, 2020 the remaining amount authorized under the programs is up to $246,000, but may be less depending upon the equity compensation and employee stock purchase plan dilution during the programs. The impact on the reduction of weighted average shares for years ended December 31, 2020, 2019 and 2018 was 201,953 shares, 97,054 shares and 363,936 shares, respectively.
19. RELATED-PARTY TRANSACTIONS
The Company's Chief Executive Officer ("CEO") leases the annual right to use 25% of the Company's corporate aircraft under a lease signed in July 2017. The lease expires July 2022. The annual lease rate is $925 and future rent payments are adjusted annually. The Company invoiced the CEO $937, $924 and $925 in 2020, 2019, and 2018, respectively, under the aircraft leases. There was $154 due to the Company at December 31, 2020, and there were no amounts due at December 31, 2019. The CEO directly pays an unrelated flight management firm for the operating costs of his private use including pilot fees, fuel and other costs.
F-32
IPG PHOTONICS CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
(In thousands, except share and per share data)
In 2020, 2019 and 2018, the Company purchased various equipment, parts and services from a company for which one of the Company's independent directors was chairman of its board of directors. The payments for 2020, 2019 and 2018 totaled $760, $51 and $947, respectively. There was $566 due to this company at December 31, 2020, and there were no amounts due at December 31, 2019.
The Company sold various equipment and parts to a different company for which one of the Company's independent directors is also an independent director. The sales totaled $675 for 2020, and there were no sales for 2019 and 2018. There was $334 due to the Company at December 31, 2020, and there were no amounts due at December 31, 2019.
20. SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
2020
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Net sales$249,242 $296,411 $318,441 $336,630 
Gross profit102,876 136,449 152,792 146,879 
Net income attributable to IPG Photonics Corporation36,403 38,226 35,604 49,339 
Net income per share, basic0.69 0.72 0.67 0.92 
Net income per share, diluted0.68 0.71 0.66 0.92 
Net income attributable to IPG Photonics Corporation as well as the basic and diluted income per share in the third quarter of the year ended December 31, 2020 were impacted by goodwill impairment discussed in Note 7.

2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Net sales$315,047 $363,769 $329,138 $306,627 
Gross profit148,911 180,237 152,858 124,203 
Net income (loss) attributable to IPG Photonics Corporation55,159 72,272 57,253 (4,450)
Net income (loss) per share, basic1.04 1.36 1.08 (0.08)
Net income (loss) per share, diluted1.02 1.34 1.07 (0.08)
Net income attributable to IPG Photonics Corporation as well as the basic and diluted loss per share in the fourth quarter of the year ended December 31, 2019 were impacted by goodwill impairment, impairment of long-lived assets and other restructuring charges discussed in Notes 6 and 7.
F-33
 EX-21.1 2 ex211q42020.htm EX-21.1 Document

Exhibit 21.1
Subsidiaries of Registrant
 
Name  
State or Jurisdiction
of Incorporation
  
Ownership by Registrant as of
December 31, 2020
IPG Laser GmbH  Germany  100%
NTO IRE-Polus  Russia  100%


 EX-23.1 3 ex231q42020.htm EX-23.1 Document

Exhibit 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in Registration Statement Nos. 333-139509, 333-151571, 333-167381, 333-177818, 333-206931, and 333-223045 each on Form S-8 of our reports dated February 22, 2021, relating to the consolidated financial statements of IPG Photonics Corporation and subsidiaries (the "Company") and the effectiveness of the Company's internal control over financial reporting, appearing in this Annual Report on Form 10-K of IPG Photonics Corporation for the year ended December 31, 2020.
/s/ DELOITTE & TOUCHE LLP
Boston, Massachusetts
February 22, 2021


 EX-31.1 4 ex311q42020.htm EX-31.1 Document

Exhibit 31.1
CERTIFICATION OF CHIEF EXECUTIVE OFFICER
PURSUANT TO RULE 13a-14(a) OR RULE 15d-14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
I, Valentin P. Gapontsev, certify that:
1.
I have reviewed this Annual Report on Form 10-K of IPG Photonics Corporation for the year ended December 31, 2020;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date: February 22, 2021
 
/s/ Valentin P. Gapontsev
Valentin P. Gapontsev
Chairman and Chief Executive Officer
(Principal Executive Officer)


 EX-31.2 5 ex312q42020.htm EX-31.2 Document

Exhibit 31.2
CERTIFICATION OF CHIEF FINANCIAL OFFICER
PURSUANT TO RULE 13a-14(a) OR RULE 15d-14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
I, Timothy P.V. Mammen, certify that:
1.
I have reviewed this Annual Report on Form 10-K of IPG Photonics Corporation for the year ended December 31, 2020;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:
a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d.Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5.The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date: February 22, 2021
 
/s/ Timothy P.V. Mammen
Timothy P.V. Mammen
Senior Vice President and Chief Financial Officer
(Principal Financial Officer)


 EX-32.1 6 ex321q42020.htm EX-32.1 Document

Exhibit 32.1
CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002
In connection with the filing of the Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the "Report") by IPG Photonics Corporation (the "Company"), Valentin P. Gapontsev, the Chief Executive Officer of the Company, and Timothy P.V. Mammen, the Chief Financial Officer of the Company, each hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:
1the Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934; and

2the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
Date: February 22, 2021
 
/s/ VALENTIN P. GAPONTSEV
Valentin P. Gapontsev
Chairman and Chief Executive Officer
/s/ TIMOTHY P.V. MAMMEN
Timothy P.V. Mammen
Senior Vice President and Chief Financial Officer
A signed original of this written statement required by 18 U.S.C. Section 1350 has been provided to IPG Photonics Corporation and will be retained by IPG Photonics Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

 EX-101.SCH 7 ipgp-20201231.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0001001 - Document - Cover Page link:presentationLink link:calculationLink link:definitionLink 1001002 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 1002003 - Statement - Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 1003004 - Statement - Consolidated Statements Of Income link:presentationLink link:calculationLink link:definitionLink 1004005 - Statement - Consolidated Statements Of Comprehensive Income link:presentationLink link:calculationLink link:definitionLink 1005006 - Statement - Consolidated Statements Of Equity link:presentationLink link:calculationLink link:definitionLink 1006007 - Statement - Consolidated Statements Of Cash Flows link:presentationLink link:calculationLink link:definitionLink 2101101 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 2202201 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Policy) link:presentationLink link:calculationLink link:definitionLink 2303301 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 2404401 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Schedule of Cash, Cash Equivalents and Restricted Cash) (Details) link:presentationLink link:calculationLink link:definitionLink 2405402 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2406403 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Allowance For Doubtful Accounts) (Details) link:presentationLink link:calculationLink link:definitionLink 2407404 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Economic Useful Lives Of Property, Plant And Equipment) (Details) link:presentationLink link:calculationLink link:definitionLink 2408405 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Components Of Accumulated Other Comprehensive Loss) (Details) link:presentationLink link:calculationLink link:definitionLink 2409406 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Cumulative Effect of Change to Balance Sheet) (Details) link:presentationLink link:calculationLink link:definitionLink 2110102 - Disclosure - Revenue From Contracts With Customers link:presentationLink link:calculationLink link:definitionLink 2311302 - Disclosure - Revenue From Contracts With Customers (Tables) link:presentationLink link:calculationLink link:definitionLink 2412407 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Application) (Details) link:presentationLink link:calculationLink link:definitionLink 2413408 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Product) (Details) link:presentationLink link:calculationLink link:definitionLink 2414409 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Geography) (Details) link:presentationLink link:calculationLink link:definitionLink 2415410 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Timing) (Details) link:presentationLink link:calculationLink link:definitionLink 2416411 - Disclosure - Revenue From Contracts With Customers (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2417412 - Disclosure - Revenue From Contracts With Customer (Changes in Contract Assets and Contract Liabilities) (Details) link:presentationLink link:calculationLink link:definitionLink 2418413 - Disclosure - Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details) link:presentationLink link:calculationLink link:definitionLink 2418413 - Disclosure - Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details) link:presentationLink link:calculationLink link:definitionLink 2119103 - Disclosure - Fair Value Measurements link:presentationLink link:calculationLink link:definitionLink 2320303 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:calculationLink link:definitionLink 2421414 - Disclosure - Fair Value Measurements (Assets and Liabilities Measured at Fair Value) (Details) link:presentationLink link:calculationLink link:definitionLink 2422415 - Disclosure - Fair Value Measurements (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2423416 - Disclosure - Fair Value Measurements (Fair Value of Auction Rate Securities and Contingent Purchase Consideration (Details) link:presentationLink link:calculationLink link:definitionLink 2424417 - Disclosure - Fair Value Measurements (Schedule of Effective Maturity Dates of Held To Maturity Investments) (Details) link:presentationLink link:calculationLink link:definitionLink 2125104 - Disclosure - Inventories link:presentationLink link:calculationLink link:definitionLink 2326304 - Disclosure - Inventories (Tables) link:presentationLink link:calculationLink link:definitionLink 2427418 - Disclosure - Inventories (Components Of Inventories) (Details) link:presentationLink link:calculationLink link:definitionLink 2428419 - Disclosure - Inventories (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2129105 - Disclosure - Business Combinations link:presentationLink link:calculationLink link:definitionLink 2330305 - Disclosure - Business Combinations (Tables) link:presentationLink link:calculationLink link:definitionLink 2431420 - Disclosure - Business Combinations (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2432421 - Disclosure - Business Combinations (Assets Acquired and Liabilities Assumed) (Details) link:presentationLink link:calculationLink link:definitionLink 2133106 - Disclosure - Restructuring link:presentationLink link:calculationLink link:definitionLink 2334306 - Disclosure - Restructuring (Tables) link:presentationLink link:calculationLink link:definitionLink 2435422 - Disclosure - Restructuring (Summary of Restructuring Accrual) (Details) link:presentationLink link:calculationLink link:definitionLink 2136107 - Disclosure - Goodwill And Intangible Assets link:presentationLink link:calculationLink link:definitionLink 2337307 - Disclosure - Goodwill And Intangible Assets (Tables) link:presentationLink link:calculationLink link:definitionLink 2438423 - Disclosure - Goodwill And Intangible Assets (Changes In The Carrying Amount Of Goodwill) (Details) link:presentationLink link:calculationLink link:definitionLink 2439424 - Disclosure - Goodwill And Intangible Assets (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2440425 - Disclosure - Goodwill And Intangible Assets (Intangible Assets) (Details) link:presentationLink link:calculationLink link:definitionLink 2441426 - Disclosure - Goodwill And Intangible Assets (Estimated Future Amortization Expense For Intangibles) (Details) link:presentationLink link:calculationLink link:definitionLink 2142108 - Disclosure - Property, Plant And Equipment link:presentationLink link:calculationLink link:definitionLink 2343308 - Disclosure - Property, Plant And Equipment (Tables) link:presentationLink link:calculationLink link:definitionLink 2444427 - Disclosure - Property, Plant And Equipment (Components Of Property, Plant, And Equipment) (Details) link:presentationLink link:calculationLink link:definitionLink 2445428 - Disclosure - Property, Plant And Equipment (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2446429 - Disclosure - Property, Plant And Equipment (Long-Lived Assets) (Details) link:presentationLink link:calculationLink link:definitionLink 2147109 - Disclosure - Accrued Expenses And Other Liabilities link:presentationLink link:calculationLink link:definitionLink 2348309 - Disclosure - Accrued Expenses And Other Liabilities (Tables) link:presentationLink link:calculationLink link:definitionLink 2449430 - Disclosure - Accrued Expenses And Other Liabilities (Components Of Accrued Expenses And Other Liabilities) (Details) link:presentationLink link:calculationLink link:definitionLink 2150110 - Disclosure - Product Warranties link:presentationLink link:calculationLink link:definitionLink 2351310 - Disclosure - Product Warranties (Tables) link:presentationLink link:calculationLink link:definitionLink 2452431 - Disclosure - Product Warranties (Summary of Product Warranty Activity) (Details) link:presentationLink link:calculationLink link:definitionLink 2453432 - Disclosure - Product Warranties (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2154111 - Disclosure - Financing Arrangements link:presentationLink link:calculationLink link:definitionLink 2355311 - Disclosure - Financing Arrangements (Tables) link:presentationLink link:calculationLink link:definitionLink 2456433 - Disclosure - Financing Arrangements (Borrowings Under Existing Financing Arrangements) (Details) link:presentationLink link:calculationLink link:definitionLink 2457434 - Disclosure - Financing Arrangements (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2458435 - Disclosure - Financing Arrangements (2020 Future Principal Payments) (Details) link:presentationLink link:calculationLink link:definitionLink 2159112 - Disclosure - Derivative Instruments link:presentationLink link:calculationLink link:definitionLink 2360312 - Disclosure - Derivative Instruments (Tables) link:presentationLink link:calculationLink link:definitionLink 2461436 - Disclosure - Derivative Instruments (Fair Value) (Details) link:presentationLink link:calculationLink link:definitionLink 2462437 - Disclosure - Derivative Instruments (Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts) (Details) link:presentationLink link:calculationLink link:definitionLink 2163113 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 2364313 - Disclosure - Leases (Tables) link:presentationLink link:calculationLink link:definitionLink 2465438 - Disclosure - Leases (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2466439 - Disclosure - Leases (Lease Assets and Liabilities) (Details) link:presentationLink link:calculationLink link:definitionLink 2467440 - Disclosure - Leases (Future Minimum Payments) (Details) link:presentationLink link:calculationLink link:definitionLink 2467440 - Disclosure - Leases (Future Minimum Payments) (Details) link:presentationLink link:calculationLink link:definitionLink 2168114 - Disclosure - Commitments And Contingencies link:presentationLink link:calculationLink link:definitionLink 2469441 - Disclosure - Commitments And Contingencies (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2170115 - Disclosure - Stock-Based Compensation link:presentationLink link:calculationLink link:definitionLink 2371314 - Disclosure - Stock-Based Compensation (Tables) link:presentationLink link:calculationLink link:definitionLink 2472442 - Disclosure - Stock-Based Compensation (Components Of Stock Based Compensation) (Details) link:presentationLink link:calculationLink link:definitionLink 2473443 - Disclosure - Stock-Based Compensation (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2474444 - Disclosure - Stock-Based Compensation (Weighted-Average Assumptions-Options) (Details) link:presentationLink link:calculationLink link:definitionLink 2475445 - Disclosure - Stock-Based Compensation (Summary Of Option Activity) (Details) link:presentationLink link:calculationLink link:definitionLink 2476446 - Disclosure - Stock-Based Compensation (Summary of Restricted Stock Unit Activity) (Details) link:presentationLink link:calculationLink link:definitionLink 2477447 - Disclosure - Stock-Based Compensation (Weighted-Average Assumptions-PSUs) (Details) link:presentationLink link:calculationLink link:definitionLink 2478448 - Disclosure - Stock-Based Compensation (Summary of Performance Stock Unit Activity) (Details) link:presentationLink link:calculationLink link:definitionLink 2179116 - Disclosure - Employee Benefit Plans link:presentationLink link:calculationLink link:definitionLink 2480449 - Disclosure - Employee Benefit Plans (Details) link:presentationLink link:calculationLink link:definitionLink 2181117 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 2382315 - Disclosure - Income Taxes (Tables) link:presentationLink link:calculationLink link:definitionLink 2483450 - Disclosure - Income Taxes (Income Before Impact Of Income Taxes) (Details) link:presentationLink link:calculationLink link:definitionLink 2484451 - Disclosure - Income Taxes (Provision For Income Taxes) (Details) link:presentationLink link:calculationLink link:definitionLink 2485452 - Disclosure - Income Taxes (Reconciliation Of Effective Tax Rate) (Details) link:presentationLink link:calculationLink link:definitionLink 2486453 - Disclosure - Income Taxes (Deferred Tax Assets And Liabilities) (Details) link:presentationLink link:calculationLink link:definitionLink 2487454 - Disclosure - Income Taxes (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2488455 - Disclosure - Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) link:presentationLink link:calculationLink link:definitionLink 2489456 - Disclosure - Income Taxes (Open Tax Years By Major Jurisdictions) (Details) link:presentationLink link:calculationLink link:definitionLink 2190118 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share link:presentationLink link:calculationLink link:definitionLink 2391316 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 2492457 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Computation Diluted Net Income Per Share) (Details) link:presentationLink link:calculationLink link:definitionLink 2493458 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Anti Dilutive Shares Excluded From EPS) (Details) link:presentationLink link:calculationLink link:definitionLink 2494459 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2195119 - Disclosure - Related-Party Transactions link:presentationLink link:calculationLink link:definitionLink 2496460 - Disclosure - Related-Party Transactions (Narrative) (Details) link:presentationLink link:calculationLink link:definitionLink 2197120 - Disclosure - Selected Quarterly Financial Data (Unaudited) link:presentationLink link:calculationLink link:definitionLink 2398317 - Disclosure - Selected Quarterly Financial Data (Tables) link:presentationLink link:calculationLink link:definitionLink 2499461 - Disclosure - Selected Quarterly Financial Data (Components Of Selected Quarterly Financial Data) (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 8 ipgp-20201231_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT EX-101.DEF 9 ipgp-20201231_def.xml XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT EX-101.LAB 10 ipgp-20201231_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Granted (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period Outstanding, Aggregate intrinsic value Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value Cash payments Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements Commitments And Contingencies Commitments and Contingencies Disclosure [Text Block] Related Party [Axis] Related Party [Axis] Germany GERMANY Deferred tax liabilities, net Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities China CHINA Adjustments to goodwill during the measurement period Goodwill, Purchase Accounting Adjustments Termination period Share-based Compensation Arrangement by Share-based Payment Award, Employment Termination Period Share-based Compensation Arrangement by Share-based Payment Award, Employment Termination Period Effect of changes in enacted tax rates on deferred tax assets and liabilities Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount Product Warranties Product Warranty Disclosure [Text Block] Range [Domain] Statistical Measurement [Domain] LIABILITIES AND EQUITY Liabilities and Equity [Abstract] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Share-based Compensation Arrangement by Share-based Payment Award [Line Items] Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward] Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward] Security Exchange Name Security Exchange Name Employee Benefit Plans Compensation and Employee Benefit Plans [Text Block] Sales and marketing Selling and Marketing Expense [Member] Contract assets Contract with Customer, Asset, after Allowance for Credit Loss [Abstract] Schedule of Long-Lived Assets Long-lived Assets by Geographic Areas [Table Text Block] Total current liabilities Liabilities, Current Accounts Receivable and Allowance for Doubtful Accounts Accounts Receivable [Policy Text Block] Intrinsic value of RSUs exercised Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Exercises in Period, Intrinsic Value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Exercises in Period, Intrinsic Value Performance Shares Performance Shares [Member] Goods and services transferred over time Revenue expected to be recognized for extended warranty agreements Transferred over Time [Member] Prepaid expenses and other current assets Prepaid Expense and Other Assets, Current Weighted-Average Grant-Date Fair Value, Outstanding, beginning balance (in dollars per share) Weighted-Average Grant-Date Fair Value, Outstanding, ending balance (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value Production know-how Production Know How [Member] Production Know How [Member] Variable Rate [Domain] Variable Rate [Domain] ASSETS Assets [Abstract] Property, Plant and Equipment [Table] Property, Plant and Equipment [Table] Operating lease payments Operating Lease, Payments 2023 Long-Term Debt, Maturity, Year Three Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items] Acquired intangible asset, useful life Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 2021 Lessee, Operating Lease, Liability, to be Paid, Year One Purchased common stock (in shares) Treasury Stock, Shares, Acquired Outstanding (in shares) Outstanding (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number Belarus BELARUS Held-to-maturity impairment Other-than-temporary Impairment Loss, Debt Securities, Held-to-maturity, before Tax 2024 Lessee, Operating Lease, Liability, to be Paid, Year Four Compensation cost not yet recognized Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount State Current State and Local Tax Expense (Benefit) Tax credit carry-forwards Tax Credit Carryforward, Amount Assets acquired excluding cash and cash equivalents and deferred tax assets Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Assets Acquired Less Cash And Equivalents And Deferred Tax Assets Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Assets Acquired Less Cash And Equivalents And Deferred Tax Assets Total operating expenses Operating Expenses Buildings Building [Member] Other comprehensive income (loss), net of tax: Other Comprehensive Income (Loss), Net of Tax [Abstract] Common stock, par value (in dollars per share) Common Stock, Par or Stated Value Per Share Deferred income taxes, net Deferred Income Tax Assets, Net Work-in-process Inventory, Work in Process, Net of Reserves Effect of changes in exchange rates on cash, cash equivalents and restricted cash Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Related party transaction amount Related Party Transaction, Amounts of Transaction Inventories Total Inventory, Net Percentage of property under operating lease Property Subject to or Available for Operating Lease, Percentage of Property Property Subject to or Available for Operating Lease, Percentage of Property Period for discount from market price Share-based Compensation Arrangement by Share-based Payment Award, Period for Discount from Market Price Share-based Compensation Arrangement by Share-based Payment Award, Period for Discount from Market Price Period for installation completion Revenue Recognition, Period for Installation Completion Revenue Recognition, Period for Installation Completion GmbH RC and Genesis GmbH RC And Genesis [Member] GmbH RC And Genesis Materials processing Materials Processing [Member] Materials Processing [Member] Percentage of net sales Concentration Risk, Percentage Expiration period Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period Statement [Line Items] Statement [Line Items] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] Statement [Table] Statement [Table] Uncollectable accounts written off Accounts Receivable, Allowance for Credit Loss, Writeoff Warranties Standard Product Warranty, Policy [Policy Text Block] Type of Restructuring [Domain] Type of Restructuring [Domain] Range [Axis] Statistical Measurement [Axis] Pulsed Lasers Pulsed Lasers [Member] Pulsed Lasers Penalties and interest expense Income Tax Examination, Penalties and Interest Expense Entity Small Business Entity Small Business Principles of Consolidation Consolidation, Policy [Policy Text Block] Financing Arrangements Debt Disclosure [Text Block] Fair Value Hierarchy and NAV [Domain] Fair Value Hierarchy and NAV [Domain] Cost of sales Cost of Revenue Share Repurchase Program [Domain] Share Repurchase Program [Domain] Genesis Systems Genesis [Member] Genesis Amendment Flag Amendment Flag Weighted average shares outstanding: Weighted Average Number of Shares Outstanding, Diluted [Abstract] Finite-Lived Intangible Assets, Major Class Name [Domain] Finite-Lived Intangible Assets, Major Class Name [Domain] Balance, January 1 Balance, December 31 Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value Compensation expense for employee stock purchase plan Share-based Payment Arrangement, Expensed and Capitalized, Amount Shares available for grant (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant Other Other Accrued Liabilities, Current Restructuring Restructuring and Related Activities Disclosure [Text Block] Financial Instruments [Domain] Financial Instruments [Domain] Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table] Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table] Summary of Lease Assets and Liabilities Assets And Liabilities, Lessee [Table Text Block] Assets And Liabilities, Lessee Number of largest customers Number Of Largest Customers, Sales Number of largest customers, Sales. Dilutive effect of common stock equivalents (in shares) Weighted Average Number Diluted Shares Outstanding Adjustment Property, Plant and Equipment, Type [Axis] Long-Lived Tangible Asset [Axis] Employee Stock Employee Stock [Member] Balance at January 1 Balance at December 31 Accounts Receivable, Allowance for Credit Loss, Current Income Statement Location [Domain] Income Statement Location [Domain] Long-Term Note Long-Term Note [Member] Long-Term Note 2022 Lessee, Operating Lease, Liability, to be Paid, Year Two Other Commitments [Line Items] Other Commitments [Line Items] Other Commitments [Line Items] Cash flows from financing activities: Net Cash Provided by (Used in) Financing Activities [Abstract] 2023 Lessee, Operating Lease, Liability, to be Paid, Year Three Nature Of Business And Summary Of Significant Accounting Policies Business Description and Accounting Policies [Text Block] Other assets Other Assets, Noncurrent Plan Name [Axis] Plan Name [Axis] Cash equivalents Cash and Cash Equivalents, Fair Value Disclosure Total assets Assets Related-Party Transactions Related Party Transactions Disclosure [Text Block] Covenant, debt service coverage Debt Instrument, Covenant Compliance, Debt Service Coverage Debt Instrument, Covenant Compliance, Debt Service Coverage Net sales by major customers, percentage Net Sales By Major Customers, Percentage Net sales by major customers, percentage Aircraft, Leased Aircraft, Leased [Member] Aircraft, Leased [Member] Outstanding, beginning balance (in shares) Outstanding, ending balance (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number Reporting Unit [Domain] Reporting Unit [Domain] Subsequent Event Type [Axis] Subsequent Event Type [Axis] Antidilutive Securities [Axis] Antidilutive Securities [Axis] Cost of sales Cost of Sales [Member] Revenue, Initial Application Period Cumulative Effect Transition [Line Items] Revenue, Initial Application Period Cumulative Effect Transition [Line Items] Cash and cash equivalents Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents Right to receive common stock, shares (in shares) Share-Based Compensation Arrangement By Share-Based Payment Award, Right To Receive Common Stock, Shares Share-Based Compensation Arrangement By Share-Based Payment Award, Right To Receive Common Stock, Shares Total liabilities Liabilities Income Tax Contingency [Line Items] Income Tax Contingency [Line Items] Concentration of Credit Risk Concentration Of Credit Risk [Policy Text Block] Concentration of credit risk [Policy Text Block] Menara Networks Menara Networks [Member] Menara Networks Sales Sales [Member] Volatility Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate Less: imputed interest Lessee, Operating Lease, Liability, Undiscounted Excess Amount Change in reserves, including interest and penalties Income Tax Reconciliation Change In Reserves Including Interest And Penalties Income tax reconciliation change in reserves, including interest and penalties Schedule of Related Party Transactions, by Related Party [Table] Schedule of Related Party Transactions, by Related Party [Table] Commitments and Contingencies Disclosure [Abstract] Commitments and Contingencies Disclosure [Abstract] Level 1 Fair Value, Inputs, Level 1 [Member] Inventories Increase (Decrease) in Inventories State State [Member] State [Member] Additional Paid In Capital Additional Paid-in Capital [Member] Held-to-maturity Debt Maturities, Less than 1 year, Book Value Debt Securities, Held-to-Maturity, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One Purchase of non-controlling interest Noncontrolling Interest, Increase (Decrease) from Business Combination Noncontrolling Interest, Increase (Decrease) from Business Combination Japan JAPAN Asset Class [Axis] Asset Class [Axis] Beginning balance (in shares) Ending balance (in shares) Shares, Issued Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis] OCF Performance Shares OCF Performance Shares [Member] OCF Performance Shares Machinery and equipment Machinery and Equipment [Member] Common stock, shares outstanding (in shares) Common Stock, Shares, Outstanding Income Tax Disclosure [Abstract] Schedule of Goodwill [Table] Schedule of Goodwill [Table] Outstanding (in dollars per share) Outstanding (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price Acquisitions of businesses, net of cash acquired Payments to Acquire Businesses, Net of Cash Acquired Common stock, shares authorized (in shares) Common Stock, Shares Authorized Summary of Restricted Stock Unit Activity Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block] Ownership percentage acquired Business Acquisition, Percentage of Voting Interests Acquired Total property, plant and equipment Property, Plant and Equipment, Gross Federal Deferred Federal Income Tax Expense (Benefit) Share Repurchase Program, 2018 Share Repurchase Program, 2018 [Member] Share Repurchase Program, 2018 High Power Continuous Wave ("CW") Lasers High Power Continuous Wave CW Lasers [Member] High Power Continuous Wave CW Lasers Goodwill Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block] Income Statement [Abstract] Accumulated Other Comprehensive (Loss) Income AOCI Attributable to Parent AOCI Attributable to Parent [Member] Prepaid expenses and other current assets Increase (Decrease) in Prepaid Expense and Other Assets Change in fair value Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Change In Fair Value Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Change In Fair Value Use of Estimates Use of Estimates, Policy [Policy Text Block] Income Tax Authority [Domain] Income Tax Authority [Domain] Dividends Dividends Nature Of Business And Summary Of Significant Accounting Policies [Table] Nature Of Business And Summary Of Significant Accounting Policies [Table] Nature Of Business And Summary Of Significant Accounting Policies [Table] Restructuring Reserve [Roll Forward] Restructuring Reserve [Roll Forward] Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table] Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table] Scenario, Unspecified [Domain] Scenario [Domain] Purchases of property, plant and equipment Payments to Acquire Property, Plant, and Equipment Goodwill And Intangible Assets Goodwill and Intangible Assets Disclosure [Text Block] Property, Plant and Equipment [Abstract] Property, Plant and Equipment [Abstract] Shares reserved for future issuance (in shares) Common Stock, Capital Shares Reserved for Future Issuance Director Director [Member] Income before provision for income taxes Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest Hedging Designation [Axis] Hedging Designation [Axis] Goodwill, impaired, accumulated impairment loss Goodwill, Impaired, Accumulated Impairment Loss Disaggregation of Revenue [Table] Disaggregation of Revenue [Table] Components of Inventories Schedule of Inventory, Current [Table Text Block] Product Warranties Disclosures [Abstract] Designated as cash flow hedge Designated as Hedging Instrument [Member] Summary of Restructuring Accrual Restructuring and Related Costs [Table Text Block] Goodwill acquired Goodwill arising from business combinations Goodwill, Acquired During Period Selected Quarterly Financial Data (Unaudited) Quarterly Financial Information [Text Block] Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from cash flow hedges, effect, tax Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) From Cash Flow Hedges, Effect, Tax Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) From Cash Flow Hedges, Effect, Tax Property, plant and equipment useful life Property, Plant and Equipment, Useful Life Goodwill [Line Items] Goodwill [Line Items] Payments made to suppliers Payments to Suppliers Fair Value Disclosures [Abstract] Net deferred tax assets Deferred Tax Assets, Net Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table] Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table] Stock-Based Compensation Share-based Payment Arrangement, Activity [Table Text Block] Finished goods Inventory, Finished Goods, Net of Reserves Disclosure of Compensation Related Costs, Share-based Payments [Abstract] Share-based Payment Arrangement [Abstract] Land Land [Member] Short-term lease liabilities Operating Lease, Liability, Current Current: Federal Income Tax Expense (Benefit), Continuing Operations [Abstract] Balance at January 1 Balance at December 31 Standard and Extended Product Warranty Accrual Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts Derivative Instruments, Gain (Loss) [Table Text Block] Weighted-Average Grant-Date Fair Value, Canceled (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value Summary of Stock Option Valuation Assumptions Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block] Derivative Instruments, Gain (Loss) [Line Items] Derivative Instruments, Gain (Loss) [Line Items] Laser and Non-Laser Systems Laser And Non-Laser Systems [Member] Laser And Non-Laser Systems Fair Value Measurements Fair Value Disclosures [Text Block] Share Repurchase Program, 2019 Share Repurchase Program, 2019 [Member] Share Repurchase Program, 2019 Accounts Receivable Accounts Receivable [Member] Derivatives, Fair Value [Line Items] Derivatives, Fair Value [Line Items] Interest rate swap Interest Rate Swap [Member] Unvested, Aggregate intrinsic value Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Aggregate Intrinsic Value Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Aggregate Intrinsic Value Additional Disclosures Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] Redemptions Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, (Sales), Issuances, (Settlements) Cumulative Effect, Period of Adoption, Adjustment Cumulative Effect, Period of Adoption, Adjustment [Member] Intangible Assets Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block] Additional paid-in capital Additional Paid in Capital, Common Stock Entity Registrant Name Entity Registrant Name Subsequent Event Type [Domain] Subsequent Event Type [Domain] Business Acquisition [Line Items] Business Acquisition [Line Items] Weighted-average discount rate Operating Lease, Weighted Average Discount Rate, Percent Assets Assets, Fair Value Disclosure [Abstract] Weighted-Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract] Contract Cancellations Contract Termination [Member] Bank acceptances, weighted-average maturity period Bank Acceptances, Weighted Average Maturity Period Bank Acceptances, Weighted Average Maturity Period Provision for warranty accrual Standard and Extended Product Warranty Accrual, Increase for Warranties Issued Open tax year Open Tax Year Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Balance at January 1, 2019 Balance at December 31, 2019 Restructuring Reserve Adjustments for New Accounting Pronouncements [Axis] Accounting Standards Update [Axis] Schedule of Cash and Cash Equivalents Schedule of Cash and Cash Equivalents [Table Text Block] Restricted cash included in other assets Restricted Cash, Noncurrent Tax Credit Carryforward [Table] Tax Credit Carryforward [Table] Remaining lease term Lessee, Operating Lease, Remaining Lease Term Entity Address, Postal Zip Code Entity Address, Postal Zip Code Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest [Member] Other Other Asian Geographical Areas [Member] Other Asian Geographical Areas Restructuring Type [Axis] Restructuring Type [Axis] US Long Term Note US Long Term Note [Member] US Long-Term Note [Member] Accounts Expenses And Other Liabilities Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block] Goodwill Goodwill Balance at January 1 Balance at December 31 Goodwill U S Line Of Credit U S Line Of Credit [Member] U S Line of Credit [Member] Submarine Telecommunications Submarine Telecommunications [Member] Submarine Telecommunications Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items] Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items] Net operating loss carryforwards Deferred Tax Assets, Operating Loss Carryforwards Timing of Transfer of Good or Service [Axis] Timing of Transfer of Good or Service [Axis] Income and other taxes payable Increase (Decrease) in Income Taxes Payable Impairment of long-lived assets and other restructuring charges Restructuring Costs and Asset Impairment Charges Unvested (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Exercise Price Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Exercise Price Russia investment tax credit Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Amount Schedule of Goodwill Schedule of Goodwill [Table Text Block] Forfeited (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period Asset Class [Domain] Asset Class [Domain] Number of credit lines Line of Credit Facility, Number of Credit Lines Line of Credit Facility, Number of Credit Lines Total assets Assets, Fair Value Disclosure Technology, trademark and trade name Technology Trademark And Tradename [Member] Technology, Trademark And Tradename [Member] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table] Non-cash transactions: Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract] Contract liabilities - current Contract liabilities Contract with Customer, Liability, Current Allowances and accrued liabilities Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals Foreign derived intangible income benefit ("FDII") Effective Income Tax Rate Reconciliation, Deduction, Foreign Derived Intangible Income, Amount Effective Income Tax Rate Reconciliation, Deduction, Foreign Derived Intangible Income, Amount Granted (in dollars per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price Liabilities assumed excluding deferred tax liabilities Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Excluding Deferred Tax Liabilities Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Excluding Deferred Tax Liabilities Derivative Contract [Domain] Derivative Contract [Domain] Estimated Future Amortization For Intangibles Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] Diluted (in shares) Diluted weighted average common shares (in shares) Weighted Average Number of Shares Outstanding, Diluted Letter of Credit Letter of Credit [Member] Assets and Liabilities Measured at Fair Value Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] Number of operating segments Number of Operating Segments Canceled (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period Debt Disclosure [Abstract] Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Sales and marketing Selling and Marketing Expense Restructuring Plan [Axis] Restructuring Plan [Axis] Contingent purchase consideration Contingent Purchase Consideration, Fair Value Disclosure Contingent Purchase Consideration, Fair Value Disclosure Unsecured Debt Unsecured Debt [Member] Net cash used in financing activities Net Cash Provided by (Used in) Financing Activities Principal payments on long-term borrowings Repayments of Long-term Debt Other tax credits Deferred Tax Assets, Tax Credit Carryforwards, Other Remaining performance obligations Revenue, Remaining Performance Obligation, Amount Balance at January 1 Balance at December 31 Unrecognized Tax Benefits Tax Credit Carryforward, Name [Domain] Tax Credit Carryforward, Name [Domain] Common stock, $0.0001 par value, 175,000,000 shares authorized; 55,461,246 and 53,427,234 shares issued and outstanding, respectively, at December 31, 2020; 54,743,227 and 53,010,875 shares issued and outstanding, respectively, at December 31, 2019. Common Stock, Value, Issued Finite-Lived Intangible Assets [Line Items] Finite-Lived Intangible Assets [Line Items] Document Fiscal Year Focus Document Fiscal Year Focus 2022 Finite-Lived Intangible Asset, Expected Amortization, Year Two Restricted cash included in prepaid expenses and other current assets Restricted Cash, Current Demonstration units transferred from inventory to other assets Demonstration units transferred from inventory to other assets Demonstration units transferred from inventory to other assets. Current portion of long-term debt Less: current portion Long-term Debt, Current Maturities Settlement of prior period position Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities Entity Current Reporting Status Entity Current Reporting Status Related Party Transaction [Axis] Related Party Transaction [Axis] Earnings Per Share Earnings Per Share, Policy [Policy Text Block] Comprehensive income Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest Inventory Disclosure [Abstract] Common stock, shares issued (in shares) Common Stock, Shares, Issued Cash and cash equivalents Cash and Cash Equivalents, at Carrying Value Total lease liabilities Present value of lease liabilities Operating Lease, Liability Long-term debt, net of current portion Total long-term debt Long-term Debt, Excluding Current Maturities Share Repurchase Program [Axis] Share Repurchase Program [Axis] TSR Performance Shares TSR Performance Shares [Member] TSR Performance Shares Total IPG Photonics Corporation stockholders' equity Stockholders' Equity Attributable to Parent Non-U.S. rate differential — net Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount Consideration transferred Business Combination, Consideration Transferred Entity Address, City or Town Entity Address, City or Town Notes payable Notes Payable Accrued compensation Employee-related Liabilities, Current Fair Value Hierarchy and NAV [Axis] Fair Value Hierarchy and NAV [Axis] Restricted Stock Units (RSUs) Restricted Stock Units (RSUs) Restricted Stock Units (RSUs) [Member] Maximum employee subscription rate Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate 2025 Lessee, Operating Lease, Liability, to be Paid, Year Five Other assets Other Assets [Member] Financial Instrument [Axis] Financial Instrument [Axis] Type of Adoption [Domain] Accounting Standards Update [Domain] Discount form market price Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Offering Date Valuation allowance Deferred Tax Assets, Valuation Allowance Construction-in-progress Construction in Progress [Member] 2023 Finite-Lived Intangible Asset, Expected Amortization, Year Three Revenue Recognition Revenue from Contract with Customer [Policy Text Block] Deferred income taxes and other long-term liabilities Deferred Income Taxes and Other Liabilities, Noncurrent Other Restructuring Plans Other Restructuring Plans [Member] Other Restructuring Plans Total other comprehensive income (loss) Other Comprehensive Income (Loss), Net of Tax Decrease in weighted average number of treasury shares (in shares) Decrease In Weighted Average Number Of Shares Outstanding, Treasury Stock Decrease In Weighted Average Number Of Shares Outstanding, Treasury Stock Leases [Abstract] Amounts due from related party Accounts Payable, Related Parties, Current Long-term Debt, Type [Axis] Long-term Debt, Type [Axis] Total current assets Assets, Current Less: comprehensive income attributable to non-controlling interest Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest Operating loss carry-forwards Operating Loss Carryforwards Rest of World Rest Of World [Member] Rest Of The World [Member] Net income attributable to IPG Photonics Corporation per share: Earnings Per Share [Abstract] Charges Restructuring Charges Schedule of Deferred Tax Assets and Liabilities Schedule of Deferred Tax Assets and Liabilities [Table Text Block] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] Demonstration Equipment Demonstration Equipment [Member] Demonstration Equipment [Member] Unrealized losses (gains) on foreign currency transactions Foreign Currency Transaction Gain (Loss), Unrealized Noncurrent portion of accrued warranty Product Warranty Accrual, Noncurrent IPG Photonics Corporation equity: Stockholders' Equity Attributable to Parent [Abstract] 2025 Finite-Lived Intangible Asset, Expected Amortization, Year Five Document Fiscal Period Focus Document Fiscal Period Focus Certificate of deposit Certificates of Deposit [Member] Foreign exchange adjustments Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation Provisions for inventory, warranty and bad debt Provisions For Inventory Product Warranty And Bad Debt Provisions for inventory product warranty and bad debt. Entity Filer Category Entity Filer Category Common Stock Common Stock [Member] Product and Service [Domain] Product and Service [Domain] Concentration Risk Benchmark [Domain] Concentration Risk Benchmark [Domain] Compensation expense Defined Contribution Plan, Cost Secured Debt Secured Debt [Member] Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract] Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract] Exercise of stock options and vesting of RSU's and PSU's (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options And Equity Instruments Other Than Options, Exercises in Period Share-based Compensation Arrangement by Share-based Payment Award, Options And Equity Instruments Other Than Options, Exercises in Period Interest rate Debt Instrument, Interest Rate, Stated Percentage Municipal Bonds Municipal Bonds [Member] Remaining performance obligations, expected timing Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period Exercised (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period Net increase (decrease) in cash, cash equivalents and restricted cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Business Combinations Business Combination Disclosure [Text Block] Total other income Nonoperating Income (Expense) Other European Facilities Other European Facilities [Member] Other European Facilities [Member] Stock option Share-based Payment Arrangement, Option [Member] Foreign currency translation adjustments Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member] Foreign currency translation adjustments Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax Treasury stock, shares (in shares) Treasury Stock, Shares Deferred: Deferred Federal, State and Local, Tax Expense (Benefit) [Abstract] Unrealized gain on auction rate securities AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Including Noncontrolling Interest [Member] State Deferred State and Local Income Tax Expense (Benefit) Severance and Employee Benefit Costs Employee Severance [Member] U.S. Income (Loss) from Continuing Operations before Income Taxes, Domestic Cash paid for interest Interest Paid, Excluding Capitalized Interest, Operating Activities Volatility, maximum Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum Total equity Beginning balance Ending balance Accumulated other comprehensive loss Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2021 Finite-Lived Intangible Asset, Expected Amortization, Year One Summary of Performance Stock Unit Activity Share-based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block] Cash paid for income taxes Income Taxes Paid, Net Total liabilities Financial and Nonfinancial Liabilities, Fair Value Disclosure Accrued expenses and other liabilities Total Accrued Liabilities, Current Diluted (in dollars per share) Diluted net income attributable to common stockholders (in dollars per share) Net income (loss) per share, diluted (in dollars per share) Earnings Per Share, Diluted Purchase obligations Recorded Unconditional Purchase Obligation Schedule of Financing Arrangements Schedule of Long-term Debt Instruments [Table Text Block] Depreciation Depreciation Entity Address, Address Line One Entity Address, Address Line One Federal and state tax credits Effective Income Tax Rate Reconciliation, Tax Credit, Amount Entity Emerging Growth Company Entity Emerging Growth Company Effect of 2017 U.S. Tax Cuts and Jobs Act Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act Of 2017 Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act Of 2017 Total deferred Deferred Income Tax Expense (Benefit) Pro forma revenue Business Acquisition, Pro Forma Revenue Change in fair value Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Change In Fair Value Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Change In Fair Value Impairment of long-lived assets Impairment of Long-Lived Assets to be Disposed of Major Property Class [Axis] Major Property Class [Axis] Interest rate swap Derivative Liability, Fair Value, Amount Offset Against Collateral Accumulated Amortization Finite-Lived Intangible Assets, Accumulated Amortization Maximum Maximum [Member] Other including Eastern Europe/CIS Other European Geographical Areas [Member] Other European Geographical Areas Preferred stock, shares authorized (in shares) Preferred Stock, Shares Authorized Non- controlling Interest Noncontrolling Interest [Member] Effective portion recognized in other comprehensive income (loss), pretax Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] Investments [Domain] Investments [Domain] Trading Symbol Trading Symbol Purchased Parts and Services from Company which Independent Director is Executive Officer Purchased Parts and Services from Company which Independent Director is Executive Officer [Member] Purchased Parts and Services from Company which Independent Director is Executive Officer [Member] Weighted-Average Remaining Contractual Life, Outstanding Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms Proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised Revenue, Initial Application Period Cumulative Effect Transition [Table] Revenue, Initial Application Period Cumulative Effect Transition [Table] Schedule of Remaining Performance Obligations Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] Organization, Consolidation and Presentation of Financial Statements [Abstract] Foreign Income (Loss) from Continuing Operations before Income Taxes, Foreign Foreign currency translation Allowance for Doubtful Accounts Receivable, Foreign Currency Translation Allowance for doubtful accounts receivable, foreign currency translation Entity Shell Company Entity Shell Company Business Segment Information Segment Reporting, Policy [Policy Text Block] Other — net Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount Foreign currency translation and other Standard and Extended Product Warranty Accrual, Foreign Currency Translation Gain (Loss) Entity Public Float Entity Public Float Document Type Document Type ICFR Auditor Attestation Flag ICFR Auditor Attestation Flag Other income, net Other Nonoperating Income (Expense) Schedule of Product Warranty Liability Schedule of Product Warranty Liability [Table Text Block] Reporting Unit [Axis] Reporting Unit [Axis] Treasury Stock Treasury Stock [Member] Payables and Accruals [Abstract] Weighted-Average Grant-Date Fair Value, Vested (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value Schedule of Accumulated Other Comprehensive Income (Loss) Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block] Unrealized (loss) gain on derivatives Unrealized gain on derivatives, net of tax Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax Schedule of Restructuring and Related Costs [Table] Schedule of Restructuring and Related Costs [Table] Inventory provisions Inventory Write-down Level 3 Fair Value, Inputs, Level 3 [Member] Leases Lessee, Leases [Policy Text Block] Shares repurchased (in shares) Stock Repurchased During Period, Shares Restructuring Cost and Reserve [Line Items] Restructuring Cost and Reserve [Line Items] Derivative Instruments Derivative Instruments and Hedging Activities Disclosure [Text Block] Current portion of accrued warranty Product Warranty Accrual, Current Intangible assets, net Intangible Assets, Net (Excluding Goodwill) Operating income Operating Income (Loss) Unvested, Weighted-average remaining contractual life Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term Changes in Contract Assets and Liabilities Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block] Deferred income taxes and other long-term liabilities Derivative Liability, Fair Value, Amount Not Offset Against Collateral Long-term investments and other assets Long-Term Investments And Other Assets, Fair Value Disclosure Long-Term Investments And Other Assets, Fair Value Disclosure Variable Rate [Axis] Variable Rate [Axis] Schedule of Business Acquisitions, by Acquisition [Table] Schedule of Business Acquisitions, by Acquisition [Table] Commitments and contingencies (Note 14) Commitments and Contingencies Purchase of treasury stock, at cost Payments for Repurchase of Common Stock Vesting period Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period Thereafter Lessee, Operating Lease, Liability, to be Paid, after Year Five Office furniture and fixtures Furniture and Fixtures [Member] Entity Address, State or Province Entity Address, State or Province Weighted-average fair value per share (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price Vested (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period Tax at statutory rate Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount Accounts payable Accounts Payable, Current Foreign exchange adjustment Goodwill, Foreign Currency Translation Gain (Loss) Other Commitments [Table] Other Commitments [Table] Other Commitments [Table] Retained earnings Retained Earnings (Accumulated Deficit) Right-of-use assets Operating Lease, Right-of-Use Asset Payments on line-of-credit facilities Repayments of Lines of Credit Property, plant and equipment Deferred Tax Liabilities, Property, Plant and Equipment Global intangible low-taxed income taxed in the U.S. ("GILTI") Effective Income Tax Rate Reconciliation, Global Intangible Low-Taxed Income, Amount Effective Income Tax Rate Reconciliation, Global Intangible Low-Taxed Income, Amount Fair Value, Assets Measured on Recurring Basis Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Revenue to be earned over time from contracts to sell robotic systems Transferred Over Time, Volume Discount Incentive [Member] Property, plant and equipment transferred from inventory Property Plant and Equipment Transferred from Inventory Property Plant and Equipment Transferred from Inventory Working capital adjustment Business Combination, Consideration Transferred, Working Capital Adjustments Business Combination, Consideration Transferred, Working Capital Adjustments Derivative Instruments Derivatives, Reporting of Derivative Activity [Policy Text Block] Period transactions Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases, (Sales), Issuances, (Settlements) Diluted net income attributable to IPG Photonics Corporation per share (in dollars per share) Diluted Net Income Per Share Attributable To Parent Diluted net income per share attributable to parent Foreign exchange adjustments Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation Income Taxes Income Tax, Policy [Policy Text Block] Hedging Designation [Domain] Hedging Designation [Domain] Target goal, percentage Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Target Goal, Percentage Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Target Goal, Percentage Exercisable (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number Other Payments for (Proceeds from) Other Investing Activities Acquired Finite-Lived Intangible Assets [Line Items] Acquired Finite-Lived Intangible Assets [Line Items] Stock-based compensation APIC, Share-based Payment Arrangement, Increase for Cost Recognition North America North America [Member] Cumulative Effect, Period of Adoption, Adjusted Balance Cumulative Effect, Period of Adoption, Adjusted Balance [Member] Net sales Total Revenue from Contract with Customer, Excluding Assessed Tax Business Acquisition [Axis] Business Acquisition [Axis] Geographical [Domain] Geographical [Domain] Transceivers Transceivers [Member] Transceivers Foreign Deferred Foreign Income Tax Expense (Benefit) Scenario, Forecast Forecast [Member] Deferred income taxes Increase (Decrease) in Deferred Income Taxes Entity Voluntary Filers Entity Voluntary Filers Tax Credit Carryforward [Axis] Tax Credit Carryforward [Axis] Thereafter Finite-Lived Intangible Asset, Expected Amortization, after Year Five Credit Facility [Axis] Credit Facility [Axis] Fair Value of Derivatives Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block] Volatility, minimum Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum Closing costs earn out, term Business Combination, Closing Costs Earn Out, Term Business Combination, Closing Costs Earn Out, Term Foreign Foreign Tax Authority [Member] Restructuring and Related Activities [Abstract] Business Combinations [Abstract] Lessee, Operating Lease, Liability, Payment, Due [Abstract] Lessee, Operating Lease, Liability, Payment, Due [Abstract] Increase (Decrease) in Stockholders' Equity [Roll Forward] Increase (Decrease) in Stockholders' Equity [Roll Forward] Exercisable, Weighted-average remaining contractual life Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term Goodwill [Roll Forward] Goodwill [Roll Forward] Schedule of Earnings Per Share, Basic and Diluted Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] Duration of employment agreement Other Commitments, Duration of Employment Agreement Other Commitments, Duration of Employment Agreement Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Research and Development Research and Development Expense, Policy [Policy Text Block] Schedule of Recognized Identified Assets Acquired and Liabilities Assumed Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] Line of credit Long-term Line of Credit Net cash provided by operating activities Net Cash Provided by (Used in) Operating Activities Entity Central Index Key Entity Central Index Key Related Party [Domain] Related Party [Domain] Commercial paper Commercial Paper, Not Included with Cash and Cash Equivalents [Member] Borrowing capacity Line of Credit Facility, Current Borrowing Capacity Related Party Transaction [Line Items] Related Party Transaction [Line Items] Derivative Instrument [Axis] Derivative Instrument [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Finite-Lived Intangible Assets by Major Class [Axis] Deferred income taxes and other long-term liabilities Other Noncurrent Liabilities [Member] Schedule of Intangible Assets Schedule of Finite-Lived Intangible Assets [Table Text Block] Prepaid income taxes Income Taxes Receivable, Current Management Management [Member] Geographical [Axis] Geographical [Axis] Change in valuation allowance Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount Debt service coverage ratio Debt Instrument, Debt Service Coverage Ratio Debt instrument, debt service coverage ratio Statement of Cash Flows [Abstract] Income Statement Location [Axis] Income Statement Location [Axis] Entity Common Stock, Shares Outstanding Entity Common Stock, Shares Outstanding Aircraft, 2017 Lease Aircraft, 2017 Lease [Member] Aircraft, 2017 Lease [Member] Shares repurchased, average cost per share (in dollars per share) Treasury Stock Acquired, Average Cost Per Share Goodwill impairment Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Amount Other applications Other Applications [Member] Other Applications [Member] Federal Current Federal Tax Expense (Benefit) Notional amounts Derivative, Notional Amount Contract liabilities - current, change Increase (Decrease) In Contract With Customer, Liability, Current Increase (Decrease) In Contract With Customer, Liability, Current Amortization expense for intangible assets Amortization of Intangible Assets Line of Credit Facility [Table] Line of Credit Facility [Table] Scenario [Axis] Scenario [Axis] Title of 12(b) Security Title of 12(b) Security Schedule of Accrued Liabilities Schedule of Accrued Liabilities [Table Text Block] Net Carrying Amount Finite-Lived Intangible Assets, Net Long-lived assets Long-Lived Assets Income taxes payable Accrued Income Taxes, Current Contract liabilities Contract with Customer, Liability [Abstract] Chief Executive Officer Chief Executive Officer [Member] Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] Depreciation and amortization Depreciation, Depletion and Amortization Schedule of Components of Income Tax Expense (Benefit) Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] Components Of Property Plant And Equipment Components Of Property Plant And Equipment [Table Text Block] Components Of Property Plant And Equipment [Table Text Block] Cumulative Effect of Change to Balance Sheet Accounting Standards Update and Change in Accounting Principle [Table Text Block] Product and Service [Axis] Product and Service [Axis] Investment Type [Axis] Investment Type [Axis] Goods and services transferred at a point in time Transferred at Point in Time [Member] Compensation cost not yet recognized, period of recognition Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition 2022 Long-Term Debt, Maturity, Year Two Revenue recognized that was included in the contract liability balance at the beginning of the period Contract with Customer, Liability, Revenue Recognized Net income attributable to common stockholders Net Income (Loss) Available to Common Stockholders, Basic Warranty claims Standard and Extended Product Warranty Accrual, Period Increase (Decrease) Rent expense Operating Lease, Expense Fair Value Measurements, Recurring and Nonrecurring [Table] Fair Value, Recurring and Nonrecurring [Table] Accounts payable Increase (Decrease) in Accounts Payable Withholding and dividend tax, percent Withholding and Dividend Tax, Percent Withholding and Dividend Tax, Percent Components and raw materials Inventory, Raw Materials, Net of Reserves Aggregate Intrinsic Value, Outstanding Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding Timing of Transfer of Good or Service [Domain] Timing of Transfer of Good or Service [Domain] Standard product warranty coverage period Standard product warranty coverage period Standard product warranty coverage period Debt Instrument [Axis] Debt Instrument [Axis] Antidilutive Securities, Name [Domain] Antidilutive Securities, Name [Domain] Schedule of Quarterly Financial Data Quarterly Financial Information [Table Text Block] Disaggregation of Revenue [Line Items] Disaggregation of Revenue [Line Items] Accrued expenses and other liabilities Increase (Decrease) in Accrued Liabilities Tax credit carryforward, valuation allowance Tax Credit Carryforward, Valuation Allowance Adjustments to reconcile net income to net cash (used) provided by operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] SND Padtec S.A. Submarine Networks Division [Member] Padtec S.A. Submarine Networks Division Revenue from Contract with Customer [Abstract] Inventory provisions Deferred Tax Assets, Inventory Operating loss carry-forwards, valuation allowance Operating Loss Carryforwards, Valuation Allowance State income taxes — net Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount Research and development Research and Development Expense Subsequent Event Subsequent Event [Member] Restructuring Plan [Domain] Restructuring Plan [Domain] Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Comprehensive Income Comprehensive Income [Policy Text Block] Comprehensive income [Policy Text Block] Long-term lease liabilities Operating Lease, Liability, Noncurrent 2024 Finite-Lived Intangible Asset, Expected Amortization, Year Four Rent expense Operating Leases, Rent Expense Intangible assets Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles Bank acceptances drafts Bank Acceptances Executed Tax Credit Carryforward [Line Items] Tax Credit Carryforward [Line Items] Current assets: Assets, Current [Abstract] Amortization Amortization Stock-based compensation - tax benefit Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-based Payment Arrangement, Amount Number of customers Concentration Risk, Number Of Customers Concentration Risk, Number Of Customers Remaining authorized repurchase amount Stock Repurchase Program, Remaining Authorized Repurchase Amount Comprehensive income attributable to IPG Photonics Corporation Comprehensive Income (Loss), Net of Tax, Attributable to Parent Dividend yield Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate Patents Patents [Member] Preferred stock, par value (in dollars per share) Preferred Stock, Par or Stated Value Per Share Documents Incorporated by Reference Documents Incorporated by Reference [Text Block] Schedule of Effective Income Tax Rate Reconciliation Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] 2021 Long-Term Debt, Maturity, Year One City Area Code City Area Code Income Tax Authority [Axis] Income Tax Authority [Axis] Document Period End Date Document Period End Date Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items] PiTec PiTec [Member] PiTec Foreign exchange adjustment Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Foreign Exchange Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Foreign Exchange, Increase (Decrease) Quasi-Continuous Wave ("QCW") Lasers Quasi-Continuous Wave QCW Lasers [Member] Quasi-Continuous Wave QCW Lasers Authorized amount Stock Repurchase Program, Authorized Amount Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Net income Net income Net income Net Income (Loss), Including Portion Attributable to Noncontrolling Interest Disaggregation of Revenue Disaggregation of Revenue [Table Text Block] Long-Lived Assets Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block] Exercise of stock options and vesting of RSU's and PSU's Stock Issued During Period, Value, Options And Equity Instruments Other Than Options, Exercised Stock Issued During Period, Value, Options And Equity Instruments Other Than Options, Exercised Long-term Debt, Type [Domain] Long-term Debt, Type [Domain] Stock-based compensation Share-based Payment Arrangement, Noncash Expense Purchased common stock Stock Repurchased During Period, Value Award units earned, percentage Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Awarded Units Earned, Percentage Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Awarded Units Earned, Percentage Cover [Abstract] Derivative Instruments, Gain (Loss) [Table] Derivative Instruments, Gain (Loss) [Table] Schedule of Income before Income Tax, Domestic and Foreign Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] Long-term debt Total notes payable Long-term Debt Leases Lessee, Operating Leases [Text Block] Balance, January 1 Balance, December 31 Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value Other Other Location [Member] Other Location [Member] Customer relationships Customer Relationships [Member] Concentration Risk Benchmark [Axis] Concentration Risk Benchmark [Axis] Lease, Cost [Abstract] Lease, Cost [Abstract] Equity Components [Axis] Equity Components [Axis] Equity Components [Axis] Unrealized (loss) gain on derivatives Unrealized loss on derivatives, net of tax Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax Debt Instrument, Name [Domain] Debt Instrument, Name [Domain] Minimum Minimum [Member] Balance Sheet Location [Domain] Balance Sheet Location [Domain] Intangible Assets Intangible Assets [Member] Intangible Assets [Member] Less: net income attributable to non-controlling interests Net Income (Loss) Attributable to Noncontrolling Interest Entity Interactive Data Current Entity Interactive Data Current United States UNITED STATES Deferred compensation Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Compensation Exercised (in dollars per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price Schedule of Restricted Cash Restrictions on Cash and Cash Equivalents [Table Text Block] Cash flows from operating activities: Net Cash Provided by (Used in) Operating Activities [Abstract] Summary of Option Activity Share-based Payment Arrangement, Option, Activity [Table Text Block] Stock-Based Compensation Share-based Payment Arrangement [Policy Text Block] Foreign Current Foreign Tax Expense (Benefit) Euro Line Of Credit Euro Line Of Credit [Member] Euro Line Of Credit [Member] Foreign exchange adjustment Restructuring Reserve, Foreign Currency Translation Gain (Loss) Unvested (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares Statement of Stockholders' Equity [Abstract] Allowance for Doubtful Accounts Receivable [Roll Forward] Accounts Receivable, Allowance for Credit Loss [Roll Forward] Advertising Expenses Advertising Cost [Policy Text Block] Withholding tax on intercompany dividend Deferred tax liabilities, withholding and dividend tax, foreign Deferred Tax Liabilities, Withholding and Dividend Tax, Foreign Deferred Tax Liabilities, Withholding and Dividend Tax, Foreign Proceeds from sales of property, plant and equipment Proceeds from Sale of Property, Plant, and Equipment Number of Shares Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward] Short-term investments Short Term Investments, Fair Value Disclosure Short Term Investments, Fair Value Disclosure Other income, net: Other Nonoperating Income (Expense) [Abstract] Russia RUSSIAN FEDERATION Research and development Research and Development Expense [Member] Goodwill impairment Impairment losses Goodwill, Impairment Loss Accounts receivable, net Accounts Receivable, after Allowance for Credit Loss, Current Total future minimum lease payments Lessee, Operating Lease, Liability, to be Paid Risk-free rate of return, minimum Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum Foreign Currency Foreign Currency Transactions and Translations Policy [Policy Text Block] Effect of adopted accounting standards Other Comprehensive Income (Loss), Adoption Of New Accounting Pronouncement Adjustment, Net Of Tax Other Comprehensive Income (Loss), Adoption Of New Accounting Pronouncement Adjustment, Net Of Tax 2006 Incentive Compensation Plan Two Thousand Six Incentive Compensation Plan [Member] Two Thousand Six Incentive Compensation Plan [Member] Cash payments Payments for Restructuring Document Transition Report Document Transition Report Title of Individual [Axis] Title of Individual [Axis] Non-cash asset related costs Non-Cash Asset Related Costs [Member] Non-Cash Asset Related Costs Level 2 Fair Value, Inputs, Level 2 [Member] Liabilities Liabilities, Fair Value Disclosure [Abstract] General and administrative General and Administrative Expense [Member] ASU 2016-13 Accounting Standards Update 2016-13 [Member] Summary of Performance Units Fair Value Assessment Schedule of Share-based Payment Award, Equity Instruments Other Than Stock Options, Valuation Assumptions [Table Text Block] Schedule of Share-based Payment Award, Equity Instruments Other Than Stock Options, Valuation Assumptions Fixed interest rate Derivative, Fixed Interest Rate Cumulative Effect, Period of Adoption [Axis] Cumulative Effect, Period of Adoption [Axis] Credit Facility [Domain] Credit Facility [Domain] Basic (in dollars per share) Basic net income attributable to common stockholders (in dollars per share) Net income (loss) per share, basic (in dollars per share) Earnings Per Share, Basic Expected term Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term Entity File Number Entity File Number Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director [Member] Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director Weighted-average remaining lease term Operating Lease, Weighted Average Remaining Lease Term Intangible assets acquired Finite-lived Intangible Assets Acquired Cash contributed by non-controlling interest Proceeds from Noncontrolling Interests Medium Power CW Lasers Medium And Low Power CW Lasers [Member] Medium And Low Power CW Lasers Aggregate fair value of awards vested Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value Total stock-based compensation Share-based Payment Arrangement, Expense Balance Sheet Location [Axis] Balance Sheet Location [Axis] Common stock issued under employee stock purchase plan Stock Issued During Period, Value, Employee Stock Purchase Plan Goodwill and Intangible Assets Disclosure [Abstract] Document Annual Report Document Annual Report Commercial paper Commercial Paper [Member] Exercisable, Aggregate intrinsic value Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value Tax benefit recognized Share-based Payment Arrangement, Expense, Tax Benefit Basic net income attributable to IPG Phontonics Corporation per share (in dollars per share) Basic Net Income Per Share Attributable To Parent Basic net income per share attributable to parent Selected Quarterly Financial Information [Abstract] Summary of Income Tax Contingencies Summary of Income Tax Contingencies [Table Text Block] Total identifiable net assets Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net Contract assets, change Increase (Decrease) in Contract with Customer, Asset Non-controlling interests Stockholders' Equity Attributable to Noncontrolling Interest Weighted-average grant-date fair value, granted (in dollars per share) Weighted-Average Grant-Date Fair Value, Granted (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value Cash flows from investing activities: Net Cash Provided by (Used in) Investing Activities [Abstract] Estimated litigation liability Estimated Litigation Liability Summary of Income Tax Examinations Summary of Income Tax Examinations [Table Text Block] Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue Amplifiers, Laser Systems, Service, Parts, Accessories And Change In Deferred Revenue [Member] Amplifiers, Laser Systems, Service, Parts, Accessories And Change In Deferred Revenue Accounts receivable Increase (Decrease) in Accounts Receivable Statement of Comprehensive Income [Abstract] Total liabilities and equity Liabilities and Equity Contingent purchase consideration Contingent Purchase Consideration [Member] Contingent Purchase Consideration [Member] Accumulated other comprehensive loss Accumulated Other Comprehensive Income (Loss), Net of Tax Income Taxes Income Tax Disclosure [Text Block] Auction Rate Securities Auction rate securities Auction Rate Securities [Member] Maturities of Debt Securities Debt Securities, Held-to-maturity [Table Text Block] Purchase price Total purchase price Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net Accrued penalties and interest Income Tax Examination, Penalties and Interest Accrued General and administrative General and Administrative Expense Undistributed earnings of foreign subsidiaries Undistributed Earnings of Foreign Subsidiaries Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount Total current Current Income Tax Expense (Benefit) Line of Credit Facility [Line Items] Line of Credit Facility [Line Items] Other Other Noncash Income (Expense) Additions for tax positions in current period Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions Intangible asset, useful life Finite-Lived Intangible Asset, Useful Life Equity Component [Domain] Equity Component [Domain] Equity Component [Domain] Adjustment for net gain realized and included in net income Adjustment for net gain realized and included in net income OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax Gross profit Gross profit Gross Profit Property, plant and equipment, net Total property, plant and equipment — net Property, Plant and Equipment, Net Entity Tax Identification Number Entity Tax Identification Number Interest income, net Interest Income (Expense), Nonoperating, Net Stock-Based Compensation Share-based Payment Arrangement [Text Block] Net income attributable to IPG Photonics Corporation Net income attributable to IPG Photonics Corporation Net Income (Loss) Attributable to Parent Changes in assets and liabilities that (used) provided cash, net of acquisitions: Increase (Decrease) in Operating Capital [Abstract] London Interbank Offered Rate (LIBOR) London Interbank Offered Rate (LIBOR) [Member] Inventories Inventory Disclosure [Text Block] Current Fiscal Year End Date Current Fiscal Year End Date Operating expenses: Operating Expenses [Abstract] Compensation Related Costs [Abstract] Number of Options Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] Proceeds from short-term investments Proceeds from Sale of Short-term Investments Contract liabilities - long-term Contract with Customer, Liability, Noncurrent Granted (in shares) Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures Supplemental disclosure of cash flow information: Supplemental Cash Flow Information [Abstract] Business Acquisition, Acquiree [Domain] Business Acquisition, Acquiree [Domain] Common stock issued under employee stock purchase plan (in shares) Stock Issued During Period, Shares, Employee Stock Purchase Plans Property, Plant and Equipment [Line Items] Property, Plant and Equipment [Line Items] RC GmbH RC [Member] GmBH RC Property, Plant and Equipment, Type [Domain] Long-Lived Tangible Asset [Domain] Risk-free rate of return, maximum Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum Property, Plant and Equipment Property, Plant and Equipment [Table Text Block] U.S. Treasury and agency obligations US Treasury Securities [Member] Remaining borrowing capacity Line of Credit Facility, Remaining Borrowing Capacity Gross Carrying Amount Finite-Lived Intangible Assets, Gross Money market fund deposits and term deposits Money Market Funds [Member] Provision for bad debts, net of recoveries Accounts Receivable, Credit Loss Expense (Reversal) Accumulated depreciation Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment Contract assets Contract with Customer, Asset, after Allowance for Credit Loss, Current Related Party Transactions [Abstract] Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table] Schedule of Operating Lease Maturities Lessee, Operating Lease, Liability, Maturity [Table Text Block] Other assets Derivative Asset, Fair Value, Amount Not Offset Against Collateral Basic (in shares) Basic weighted average shares (in shares) Weighted Average Number of Shares Outstanding, Basic Spread on variable rate Debt Instrument, Basis Spread on Variable Rate Risk-free rate of return Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate Forfeited (in dollars per share) Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price Withholding tax on intercompany dividend Effective Income Tax Rate Reconciliation, Withholding Tax On Intercompany Dividend Effective Income Tax Rate Reconciliation, Withholding Tax On Intercompany Dividend Forfeiture rate Share Based Compensation Arrangement By Share Based Payment Award, Fair Value Assumptions, Forfeiture Rate Share Based Compensation Arrangement By Share Based Payment Award, Fair Value Assumptions, Forfeiture Rate Plan Name [Domain] Plan Name [Domain] Entity Well-known Seasoned Issuer Entity Well-known Seasoned Issuer Revenue From Contracts With Customers Revenue from Contract with Customer [Text Block] Nature Of Business And Summary Of Significant Accounting Policies [Line Items] Nature Of Business And Summary Of Significant Accounting Policies [Line Items] Nature Of Business And Summary Of Significant Accounting Policies [Line Items] Leased assets obtained in exchange for new operating lease liabilities Right-of-Use Asset Obtained in Exchange for Operating Lease Liability Long-term notes Long-term Debt, Fair Value Cash and Cash Equivalents and Short-Term and Long-term Investments Cash and Cash Equivalents, Policy [Policy Text Block] Held-to-maturity Debt Maturities, Less than 1 year, Fair Value Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, Year One Loss (gain) on foreign exchange Foreign Currency Transaction Gain (Loss), before Tax Inventories Inventory, Policy [Policy Text Block] Provision for income taxes Provision for income taxes Income Tax Expense (Benefit) Cash, cash equivalents and restricted cash — Beginning of year Cash, cash equivalents and restricted cash — End of year (Note 1) Cash, cash equivalents and restricted cash Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents Property, Plant and Equipment Property, Plant and Equipment, Policy [Policy Text Block] Schedule of Future Principal Payments Schedule of Maturities of Long-term Debt [Table Text Block] Relationship to Entity [Domain] Title of Individual [Domain] Local Phone Number Local Phone Number Schedule Of Allowance For Doubtful Accounts Schedule Of Allowance For Doubtful Accounts [Table Text Block] Schedule Of Allowance For Doubtful Accounts [Table Text Block] Changes in accounts payable related to property, plant and equipment Change In Capital Expenditures Incurred But Not Yet Paid Change in Capital Expenditures Incurred but Not yet Paid Payments to Acquire Businesses, Gross Payments to Acquire Businesses, Gross Derivative Instruments and Hedging Activities Disclosure [Abstract] Cumulative Effect, Period of Adoption [Domain] Cumulative Effect, Period of Adoption [Domain] Intrinsic value of options exercised Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value Restructuring Costs Associated with Exit or Disposal Activities or Restructurings, Policy [Policy Text Block] Fair Value, Liabilities Measured on Recurring Basis Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] Change in prior period positions Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions Related Party Transaction [Domain] Related Party Transaction [Domain] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table] Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table] Net stock-based compensation Share-based Payment Arrangement, Expense, after Tax Schedule of Finite-Lived Intangible Assets [Table] Schedule of Finite-Lived Intangible Assets [Table] Maximum indebtedness against EBITDA Debt Instrument, Maximum Indebtedness Multiplier Against EBITDA Covenant Debt Instrument, Maximum Indebtedness Multiplier Against EBITDA Covenant Award Type [Axis] Award Type [Axis] Weighted-Average Grant-Date Fair Value Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract] Retained Earnings Retained Earnings [Member] Preferred stock, shares outstanding (in shares) Preferred Stock, Shares Outstanding Major Property Class [Domain] Major Property Class [Domain] Payment of purchase price holdback from business combination Payment for Contingent Consideration Liability, Financing Activities Contract liabilities - long-term, change Increase (Decrease) In Contract With Customer, Liability, Non Current Increase (Decrease) In Contract With Customer, Liability, Non Current Net cash used in investing activities Net Cash Provided by (Used in) Investing Activities Purchases of short and long-term investments Payments to Acquire Investments Additional Disclosures Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract] Outstanding, Weighted-average remaining contractual life Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term Equity Award [Domain] Equity Award [Domain] Award Type [Domain] Guarantees issued Guarantor Obligations, Current Carrying Value Corporate bonds Corporate Debt Securities [Member] Exercisable (in dollars per share) Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price Notes payable, current Notes Payable, Current Property, Plant And Equipment Property, Plant and Equipment Disclosure [Text Block] Air Transportation Equipment Air Transportation Equipment [Member] Treasury stock, at cost, 2,034,012 and 1,732,352 shares held at December 31, 2020 and December 31, 2019, respectively. Treasury Stock, Value Net Income Attributable To IPG Photonics Corporation Per Share Earnings Per Share [Text Block] Current liabilities: Liabilities, Current [Abstract] Income Tax Contingency [Table] Income Tax Contingency [Table] Recent Accounting Pronouncements New Accounting Pronouncements, Policy [Policy Text Block] Proceeds from line-of-credit facilities Proceeds from Lines of Credit Effective portion recognized in other comprehensive income (loss), pretax: Derivative, Gain (Loss) on Derivative, Net [Abstract] Statement of Financial Position [Abstract] Balance at January 1 Accounts Receivable, Allowance for Credit Loss, Current, CECL Adjusted Balance Accounts Receivable, Allowance for Credit Loss, Current, CECL Adjusted Balance Short-term investments Short-term Investments EX-101.PRE 11 ipgp-20201231_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT GRAPHIC 12 ipgp-20201231_g1.jpg GRAPHIC begin 644 ipgp-20201231_g1.jpg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�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ipgp-20201231_g2.jpg GRAPHIC begin 644 ipgp-20201231_g2.jpg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
XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 876,231 $ 680,070
Short-term investments 514,835 502,546
Accounts receivable, net 264,321 238,479
Inventories 364,993 380,790
Prepaid income taxes 69,893 38,873
Prepaid expenses and other current assets 57,804 55,876
Total current assets 2,148,077 1,896,634
Deferred income taxes, net 43,197 31,395
Goodwill 41,366 82,092
Intangible assets, net 62,114 74,271
Property, plant and equipment, net 597,527 600,852
Other assets 43,419 45,192
Total assets 2,935,700 2,730,436
Current liabilities:    
Current portion of long-term debt 3,810 3,740
Accounts payable 25,748 27,329
Accrued expenses and other liabilities 176,740 149,782
Income taxes payable 8,280 11,053
Total current liabilities 214,578 191,904
Deferred income taxes and other long-term liabilities 92,854 98,121
Long-term debt, net of current portion 34,157 37,968
Total liabilities 341,589 327,993
Commitments and contingencies (Note 14)
IPG Photonics Corporation equity:    
Common stock, $0.0001 par value, 175,000,000 shares authorized; 55,461,246 and 53,427,234 shares issued and outstanding, respectively, at December 31, 2020; 54,743,227 and 53,010,875 shares issued and outstanding, respectively, at December 31, 2019. 6 5
Treasury stock, at cost, 2,034,012 and 1,732,352 shares held at December 31, 2020 and December 31, 2019, respectively. (303,614) (265,730)
Additional paid-in capital 854,301 785,636
Retained earnings 2,188,191 2,028,734
Accumulated other comprehensive loss (146,065) (146,919)
Total IPG Photonics Corporation stockholders' equity 2,592,819 2,401,726
Non-controlling interests 1,292 717
Total equity 2,594,111 2,402,443
Total liabilities and equity $ 2,935,700 $ 2,730,436
XML 17 R3.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets (Parenthetical) - $ / shares
Dec. 31, 2020
Dec. 31, 2019
Statement of Financial Position [Abstract]    
Common stock, par value (in dollars per share) $ 0.0001 $ 0.0001
Common stock, shares authorized (in shares) 175,000,000 175,000,000
Common stock, shares issued (in shares) 55,461,246 54,743,227
Common stock, shares outstanding (in shares) 53,427,234 53,010,875
Treasury stock, shares (in shares) 2,034,012 1,732,352
XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 1,200,724 $ 1,314,581 $ 1,459,874
Cost of sales 661,728 708,372 659,606
Gross profit 538,996 606,209 800,268
Operating expenses:      
Sales and marketing 70,583 77,745 57,815
Research and development 126,898 129,997 122,769
General and administrative 110,005 107,597 102,429
Goodwill impairment 44,589 37,120 0
Impairment of long-lived assets and other restructuring charges 1,177 7,130 0
Loss (gain) on foreign exchange (12,915) 12,827 (6,150)
Total operating expenses 340,337 372,416 276,863
Operating income 198,659 233,793 523,405
Other income, net:      
Interest income, net 6,270 14,238 9,057
Other income, net 763 345 1,933
Total other income 7,033 14,583 10,990
Income before provision for income taxes 205,692 248,376 534,395
Provision for income taxes 45,354 68,115 130,226
Net income 160,338 180,261 404,169
Less: net income attributable to non-controlling interests 766 27 142
Net income attributable to IPG Photonics Corporation $ 159,572 $ 180,234 $ 404,027
Net income attributable to IPG Photonics Corporation per share:      
Basic (in dollars per share) $ 3.00 $ 3.40 $ 7.55
Diluted (in dollars per share) $ 2.97 $ 3.35 $ 7.38
Weighted average shares outstanding:      
Basic (in shares) 53,186 53,061 53,522
Diluted (in shares) 53,785 53,839 54,726
XML 19 R5.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements Of Comprehensive Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Statement of Comprehensive Income [Abstract]      
Net income $ 160,338 $ 180,261 $ 404,169
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments 1,367 15,997 (85,590)
Adjustment for net gain realized and included in net income (232) 0 0
Unrealized (loss) gain on derivatives (472) (17)  
Unrealized (loss) gain on derivatives     15
Effect of adopted accounting standards 0 0 10
Total other comprehensive income (loss) 663 15,980 (85,565)
Comprehensive income 161,001 196,241 318,604
Less: comprehensive income attributable to non-controlling interest 575 30 129
Comprehensive income attributable to IPG Photonics Corporation $ 160,426 $ 196,211 $ 318,475
XML 20 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements Of Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Treasury Stock
Additional Paid In Capital
Additional Paid In Capital
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income
Cumulative Effect, Period of Adoption, Adjustment
Non- controlling Interest
Beginning balance (in shares) at Dec. 31, 2017     53,629,439 378,269              
Beginning balance at Dec. 31, 2017 $ 2,022,322 $ 616 $ 5 $ (48,933) $ 704,727 $ 0 $ 1,443,867 $ 606 $ (77,344) $ 10 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Exercise of stock options and vesting of RSU's and PSU's (in shares)     351,795                
Exercise of stock options and vesting of RSU's and PSU's 9,895       9,895            
Common stock issued under employee stock purchase plan (in shares)     12,198                
Common stock issued under employee stock purchase plan 2,288       2,288            
Purchased common stock (in shares)     (1,051,825) (1,051,825)              
Purchased common stock (176,065)     $ (176,065)              
Stock-based compensation 28,027       28,027            
Purchase of non-controlling interest 558                   558
Net income 404,169           404,027       142
Foreign currency translation adjustments (85,590)               (85,577)   (13)
Unrealized gain on derivatives, net of tax 15               15    
Adjustment for net gain realized and included in net income 0                    
Ending balance (in shares) at Dec. 31, 2018     52,941,607 1,430,094              
Ending balance at Dec. 31, 2018 2,206,235   $ 5 $ (224,998) 744,937   1,848,500   (162,896)   687
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Exercise of stock options and vesting of RSU's and PSU's (in shares)     319,211                
Exercise of stock options and vesting of RSU's and PSU's 805       805            
Common stock issued under employee stock purchase plan (in shares)     52,315                
Common stock issued under employee stock purchase plan 6,531       6,531            
Purchased common stock (in shares)     (302,258) (302,258)              
Purchased common stock (40,732)     $ (40,732)              
Stock-based compensation 33,363       33,363            
Net income 180,261           180,234       27
Foreign currency translation adjustments 15,997               15,994   3
Unrealized loss on derivatives, net of tax (17)               (17)    
Adjustment for net gain realized and included in net income 0                    
Ending balance (in shares) at Dec. 31, 2019     53,010,875 1,732,352              
Ending balance at Dec. 31, 2019 2,402,443 $ (115) $ 5 $ (265,730) 785,636   2,028,734 $ (115) (146,919)   717
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Exercise of stock options and vesting of RSU's and PSU's (in shares)     677,076                
Exercise of stock options and vesting of RSU's and PSU's 27,935   $ 1   27,934            
Common stock issued under employee stock purchase plan (in shares)     40,943                
Common stock issued under employee stock purchase plan 5,259       5,259            
Purchased common stock (in shares)     (301,660) (301,660)              
Purchased common stock (37,884)     $ (37,884)              
Stock-based compensation 35,472       35,472            
Net income 160,338           159,572       766
Foreign currency translation adjustments 1,367               1,558   (191)
Unrealized loss on derivatives, net of tax (472)               (472)    
Adjustment for net gain realized and included in net income (232)               (232)    
Ending balance (in shares) at Dec. 31, 2020     53,427,234 2,034,012              
Ending balance at Dec. 31, 2020 $ 2,594,111   $ 6 $ (303,614) $ 854,301   $ 2,188,191   $ (146,065)   $ 1,292
XML 21 R7.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 160,338 $ 180,261 $ 404,169
Adjustments to reconcile net income to net cash (used) provided by operating activities:      
Depreciation and amortization 94,554 96,268 80,271
Deferred income taxes (12,813) (15,489) (4,576)
Stock-based compensation 35,472 33,363 28,027
Goodwill impairment 44,589 37,120 0
Impairment of long-lived assets 671 5,350 0
Unrealized losses (gains) on foreign currency transactions (19,935) 11,004 (2,670)
Other 8,642 3,320 (3,586)
Provisions for inventory, warranty and bad debt 70,572 63,752 38,862
Changes in assets and liabilities that (used) provided cash, net of acquisitions:      
Accounts receivable (13,022) 9,776 (18,814)
Inventories (39,900) (28,105) (135,440)
Prepaid expenses and other current assets (3,802) 18,405 (7,062)
Accounts payable (1,942) (10,257) (1,426)
Accrued expenses and other liabilities (14,752) (37,310) (19,666)
Income and other taxes payable (23,337) (43,937) 35,212
Net cash provided by operating activities 285,335 323,521 393,301
Cash flows from investing activities:      
Purchases of property, plant and equipment (87,696) (133,536) (160,343)
Proceeds from sales of property, plant and equipment 889 661 1,026
Proceeds from short-term investments 1,099,224 768,078 470,328
Purchases of short and long-term investments (1,111,555) (760,300) (765,310)
Acquisitions of businesses, net of cash acquired (429) (15,115) (109,115)
Other (7) 237 415
Net cash used in investing activities (99,574) (139,975) (562,999)
Cash flows from financing activities:      
Proceeds from line-of-credit facilities 0 15 255
Payments on line-of-credit facilities 0 (15) (255)
Principal payments on long-term borrowings (3,740) (3,671) (3,604)
Proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards 33,194 7,336 12,183
Cash contributed by non-controlling interest 0 0 839
Purchase of treasury stock, at cost (37,884) (40,732) (176,065)
Payment of purchase price holdback from business combination (1,650) 0 0
Net cash used in financing activities (10,080) (37,067) (166,647)
Effect of changes in exchange rates on cash, cash equivalents and restricted cash 19,888 (7,853) (29,197)
Net increase (decrease) in cash, cash equivalents and restricted cash 195,569 138,626 (365,542)
Cash, cash equivalents and restricted cash — Beginning of year 682,984 544,358 909,900
Cash, cash equivalents and restricted cash — End of year (Note 1) 878,553 682,984 544,358
Supplemental disclosure of cash flow information:      
Cash paid for interest 2,234 2,683 3,052
Cash paid for income taxes 85,861 116,951 112,762
Non-cash transactions:      
Demonstration units transferred from inventory to other assets 8,117 10,367 6,270
Property, plant and equipment transferred from inventory 4,243 7,659 2,535
Changes in accounts payable related to property, plant and equipment (75) 1,304 (2,852)
Leased assets obtained in exchange for new operating lease liabilities $ 4,035 $ 14,670 $ 0
XML 22 R8.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies
 12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Nature Of Business And Summary Of Significant Accounting Policies NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Nature of Business — IPG Photonics Corporation (the "Company" or "IPG") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers, laser systems, communications systems and optical accessories that are used for diverse applications, primarily in materials processing. The Company was incorporated as a Delaware corporation in December 1998. Its world headquarters are located in Oxford, Massachusetts. It also has facilities and sales offices elsewhere in North and South America, Europe and Asia.
Principles of Consolidation — The accompanying financial statements include the accounts of the Company and its majority-owned subsidiaries. All intercompany accounts and transactions have been eliminated.
Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
Foreign Currency — The financial information for entities outside the United States is measured using local currencies as the functional currency. Assets and liabilities are translated into U.S. dollars at the exchange rate in effect on the respective balance sheet dates. Income and expenses are translated into U.S. dollars based on the average rate of exchange for the corresponding period. Exchange rate differences resulting from translation adjustments are accounted for directly as a component of accumulated other comprehensive loss.
Cash and Cash Equivalents and Short-Term Investments — Cash and cash equivalents consist primarily of highly liquid investments, such as bank deposits, mutual funds and marketable securities with maturities of three months or less at the date of purchase with insignificant interest rate risk. Short-term investments consist primarily of similar highly liquid investments and marketable securities with insignificant interest rate risks.
The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:
Balance atBalance at
December 31, 2020December 31, 2019
Cash and cash equivalents$876,231 $680,070 
Restricted cash included in prepaid expenses and other current assets2,322 — 
Restricted cash included in other assets— 2,914 
Cash, cash equivalents and restricted cash$878,553 $682,984 

Accounts Receivable and Allowance for Doubtful Accounts — Accounts receivable include $58,566 and $16,484 of bank acceptance drafts at December 31, 2020 and 2019, respectively. Bank acceptance drafts are bank guarantees of payment on specified dates. The weighted average maturity of these bank acceptance drafts is approximately 130 days. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be collected. The allowance is based upon an estimate of expected credit losses over the life of outstanding receivables. The estimate involves an assessment of customer creditworthiness, historical payment experience, an assumption of future expected credit losses, and the age of outstanding receivables.
Activity related to the allowance for doubtful accounts was as follows:
202020192018
Balance at January 1$2,547 $1,731 $2,198 
Provision for bad debts, net of recoveries(156)677 14 
Uncollectable accounts written off(114)(111)(198)
Foreign currency translation(121)102 (283)
Balance at December 31$2,156 $2,399 $1,731 
Inventories — Inventories are stated at the lower of cost or market on a first-in, first-out basis. Inventories include parts and components that may be specialized in nature and subject to rapid obsolescence. The Company periodically reviews the quantities and carrying values of inventories to assess whether the inventories are recoverable. The costs associated with provisions for excess quantities, technological obsolescence, or component rejections are charged to cost of sales as incurred.
Goodwill — Goodwill is the amount by which the cost of the acquired net assets in a business acquisition exceeded the fair values of the net identifiable assets on the date of purchase. Goodwill is assessed for impairment at least annually, on a reporting unit basis, or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. The process of evaluating the potential impairment of goodwill is subjective and requires significant judgment at many points during the analysis. If the book value of a reporting unit exceeds its fair value, the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded in an amount equal to that excess. The results of the goodwill assessments for the years ended December 31, 2020 and 2019 are discussed in Note 7.
Intangible Assets — Intangible assets result from the Company's various business acquisitions. Intangible assets are reported at cost, net of accumulated amortization, and are amortized on a straight-line basis either over their estimated useful lives of one year to thirteen years or over the period the economic benefits of the intangible asset are consumed.
Property, Plant and Equipment — Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is determined using the straight-line method based on the estimated useful lives of the related assets. In the case of leasehold improvements, the estimated useful lives of the related assets do not exceed the remaining terms of the corresponding leases. The following table presents the assigned economic useful lives of property, plant and equipment:
Category  
Economic Useful Life
Buildings  
20-30 years
Machinery and equipment  
5-7 years
Office furniture and fixtures  
5-7 years
Expenditures for maintenance and repairs are charged to operating expense.
Long-Lived Assets — Long-lived assets, which consist primarily of property, plant and equipment and identifiable intangible assets, are reviewed by management for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When undiscounted expected future cash flows are less than the carrying value, an impairment loss is recorded equal to the amount by which the carrying value exceeds the fair value of assets. The Company incurred $671 and $2,498 of non-cash impairment charges related to long-lived assets during the years ended December 31, 2020 and 2019. There were no impairment charges recognized during the year ended December 31, 2018.
Included in other long-term assets is certain demonstration equipment. The demonstration equipment is amortized over the respective estimated economic lives, generally 3 years. The carrying value of the demonstration equipment totaled $6,506 and $7,591 at December 31, 2020 and 2019, respectively. Amortization expense of demonstration equipment for the years ended December 31, 2020, 2019 and 2018, was $4,166, $4,364 and $3,870, respectively.
Authorized Capital — The Company has authorized capital stock consisting of 175,000,000 shares of common stock, par value $0.0001 per share, and 5,000,000 shares of preferred stock, par value $0.0001 per share. There are no shares of preferred stock outstanding as of December 31, 2020. 
Revenue Recognition — Revenue is recognized when transfer of control to the customer occurs in an amount reflecting the consideration that the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when a performance obligation is satisfied.
The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be contracts with a customer. As part of its consideration of the contract, the Company evaluates certain factors including the customer's ability to pay (or credit risk). For each contract, the Company considers the promise to transfer products, each of which is distinct as the identified performance obligations. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. As
the Company's standard payment terms are less than one year, the Company has elected the practical expedient under ASC 606-10-32-18 to not assess whether a contract has a significant financing component. The Company allocates the transaction price to each distinct product based on its relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer (i.e., when the Company's performance obligation is satisfied), which typically occurs at shipment but which can occur over time for certain of the Company's systems contracts.
The Company often receives orders with multiple delivery dates that may extend across several reporting periods. The Company allocates the transaction price of the contract to each delivery based on the product standalone selling price. The Company invoices for each scheduled delivery upon shipment and recognizes revenues for such delivery at that point, assuming transfer of control has occurred. As scheduled delivery dates are generally within one year, under the optional exemption provided by ASC 606-10-50-14 revenues allocated to future shipments of partially completed contracts are not disclosed.
Rights of return are not generally included in customer contracts. Accordingly, upon application of steps one through five above, product revenue is recognized upon shipment and transfer of control. Returns are infrequent and are recorded as a reduction of revenue.
In certain subsidiaries the Company provides sales commissions to sales representatives based on sales volume. The Company has determined that the incentive portion of its sales commissions qualify as contract costs. The Company has elected the practical expedient in ASC 340-40-25-4 to expense sales commissions when incurred as the amortization period of the asset that would otherwise have been recognized is one year or less.
Revenue Recognition at a Point in Time — Revenues recognized at a point in time consist primarily of product, installation and service sales. The Company sells products to original equipment manufacturers ("OEMs") that supply materials processing laser systems, communications systems, medical laser systems and other laser systems for advanced applications to end users. The Company also sells products to end users that use IPG products directly to build their own systems, which incorporate or use IPG products as an energy or light source. The Company recognizes revenue for laser and spare part sales following the transfer of control of such products to the customer, which typically occurs upon shipment or delivery depending on the terms of the underlying contracts. Installation revenue is recognized upon completion of the installation service, which typically occurs within 90 days of delivery. For laser systems that carry customer specific processing requirements, revenue is recognized at the latter of customer acceptance date or shipment date if the customer acceptance is made prior to shipment. When sales contracts contain multiple performance obligations, such as the shipment or delivery of products and installation, the Company allocates the transaction price to each performance obligation identified in the contract based on relative standalone selling prices and recognizes the related revenue as control of each individual product or service is transferred to the customer, in satisfaction of the corresponding performance obligations.
Revenue Recognition over Time — Warranties are limited and provide that the product meets specifications and is free from defects in materials and workmanship. The Company also offers extended warranty agreements, which extend the standard warranty periods. Extended warranties are sold separately from products and represent a distinct performance obligation. Revenue related to the performance obligation for extended warranties is recognized over time as the customer simultaneously receives and consumes the benefits provided by the Company. The customer receives the assurance that the product will operate in accordance with agreed-upon specifications evenly during the extended warranty period regardless of whether they make a claim during that period, and therefore, revenue at time of sale is deferred and recognized over the time period of the extended warranty period.
With the acquisition of Genesis Systems Group, LLC in December 2018, the Company enters into contracts to sell customized robotic systems, for which revenue is generally recognized over time, depending on the terms of the contract. Recognizing revenue over time for these contracts is based on the Company’s judgment that the customized robotic system does not have an alternative use and the Company has an enforceable right to payment for performance completed to date.
The determination of the revenue to be recognized in a given period for performance obligations over time is based on the input method. The Company generally uses the total cost-to-cost input method of progress because it best depicts the transfer of control to the customer that occurs as costs are incurred. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to date to the total estimated costs at completion of the performance obligation.
Customer Deposits and Deferred Revenue — When the Company receives consideration from a customer or such consideration is unconditionally due prior to transferring goods or services under the terms of a sales contract, the Company
records customer deposits or deferred revenue, which represent contract liabilities. The Company recognizes deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria are met.
Warranties — The Company typically provides one to five-year warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas. The Company estimates the warranty accrual considering past claims experience, the number of units still covered by warranty and the average life of the remaining warranty period. The warranty accrual has generally been sufficient to cover product warranty repair and replacement costs.
Stock-Based Compensation — The Company accounts for stock-based compensation expense using the fair value of the awards granted. The Company estimates the fair value of stock options granted using the Black-Scholes model, it values restricted stock units ("RSUs") and certain performance stock units with operating cash flow targets ("OCF PSUs") using the intrinsic value method, and it uses a Monte Carlo simulation model to estimate the fair value of certain performance stock units with total stockholder return targets ("TSR PSUs"). The Company accounts for forfeitures as they occur. The Company amortizes the fair value of stock options and other equity awards on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods. Stock options and RSUs generally vest annually on the anniversary of the grant date over a four-year period. TSR PSUs and OCF PSUs cliff-vest on March 1st following the third anniversary of the grant date based upon achievement of performance targets established at grant. The description of the Company's stock-based compensation plans and the assumptions it uses to calculate the fair value of stock-based compensation is more fully described in Note 15, "Stock-based Compensation."
Advertising Expense — The cost of advertising is expensed as incurred. The Company conducts substantially all of its sales and marketing efforts through trade shows, professional and technical conferences, direct sales and the Company's website. The Company's advertising costs were not material for the periods presented.
Research and Development — Research and development costs are expensed as incurred.
Restructuring — The Company records charges associated with approved restructuring plans to reorganize operations, to remove redundant headcount and infrastructure associated with business acquisitions or to improve the efficiency of business processes. Restructuring charges can include severance costs to eliminate a specific number of positions, infrastructure charges to vacate facilities and consolidate operations and contract cancellation costs. The Company records restructuring charges when they are probable and estimable. The Company accrues for severance and other employee separation costs under these plans when the employees accept the offer and the amount can be reasonably estimated.
Income Taxes — Deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts and tax basis of assets and liabilities and net operating loss and credit carryforwards using enacted rates in effect when those differences are expected to reverse. Valuation allowances are provided against deferred tax assets that are not deemed to be recoverable. The Company recognizes tax positions that are more likely than not to be sustained upon examination by relevant tax authorities. The tax positions are measured at the greatest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement.
The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. The reserves are based on a determination of whether and how much of a tax benefit taken in its tax filings or positions is more likely than not to be realized following resolution of uncertainties related to the tax benefit, assuming that the matter in question will be raised by the tax authorities.
Concentration of Credit Risk — Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, short-term investments and accounts receivable. The Company maintains substantially all of its cash and cash equivalents, short-term investments and marketable securities in various financial institutions, which it believes to be high-credit quality financial institutions. The Company grants credit to customers in the ordinary course of business and provides a reserve for potential credit losses. Such losses historically have been within management's expectations.
One customer comprised 8%, 9% and 12% of net sales during the years ended December 31, 2020, 2019 and 2018 respectively. The same customer accounted for 21% and 24% of our net accounts receivable as of December 31, 2020 and 2019, respectively. The Company has historically depended on a few customers for a significant percentage of its annual net
sales. The composition of this group can change from year to year. Net sales derived from the Company's five largest customers as a percentage of its annual net sales were 24%, 21% and 26% in 2020, 2019 and 2018, respectively.
Comprehensive Income — Comprehensive income includes charges and credits to equity that are not the result of transactions with stockholders. Included within comprehensive income is the cumulative foreign currency translation adjustment, change in carrying value of auction rate securities, unrealized gains or losses on derivatives and unrealized gains or losses on available-for-sale investments. These adjustments are accumulated within the consolidated statements of comprehensive income.
Total components of accumulated other comprehensive loss were as follows:
December 31,
20202019
Foreign currency translation adjustments$(145,603)$(147,161)
Unrealized gain on auction rate securities— 232 
Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively
(462)10 
Accumulated other comprehensive loss$(146,065)$(146,919)
Derivative Instruments — The Company's primary market exposures are to interest rates and foreign exchange rates. The Company from time to time may use certain derivative financial instruments to help manage these exposures. The Company executes these instruments with financial institutions it judges to be credit-worthy. The Company does not hold or issue derivative financial instruments for trading or speculative purposes. The Company recognizes all derivative financial instruments as either assets or liabilities at fair value in the consolidated balance sheets.
Business Segment Information — The Company operates in one segment which involves the design, development, production and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The Company has a single, company-wide management team that administers all properties as a whole rather than as discrete operating segments. The chief operating decision maker, who is the Company's chief executive officer, measures financial performance as a single enterprise, and not on geography, legal entity, or end market basis. Throughout the year, the chief operating decision maker allocates capital resources on a project-by-project basis across the Company's entire asset base to maximize profitability without regard to geography, legal entity, or end market basis. The Company operates in a number of countries throughout the world in a variety of product lines. Information regarding product lines and geographic financial information is provided in Note 2, "Revenue from Contracts with Customers" and Note 8, "Property, Plant and Equipment."
Earnings Per Share — Basic net income per share is computed by dividing net income attributable to shareholders of the Company by the weighted-average number of common shares outstanding during the reporting period. Diluted net income per share is computed similarly to basic net income per share, except that it includes the potential dilution that could occur if dilutive securities were exercised. Information about potentially dilutive and antidilutive shares for the reporting period is provided in Note 18, "Net Income Attributable to IPG Photonics Corporation Per Share."
Leases — The Company determines if an arrangement is a lease at inception. Operating leases are included in other assets, other current liabilities, and other long-term liabilities on the Company's consolidated balance sheets.
Right of use ("ROU") assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company's leases do not provide an implicit rate, IPG uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The ROU assets also include any lease payments made and initial direct costs incurred and exclude lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component.
Recent Accounting Pronouncements
Adopted Pronouncements — In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, "Measurement of Credit Losses on Financial Instruments" ("ASU 2016-13"), which adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance for its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. The ASU is also intended to reduce the complexity by decreasing the number of credit impairment models that entities use to account for debt instruments. The Company adopted ASU 2016-03, along with its subsequent clarifications, as of January 1, 2020. The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:
Balance atAdoption ofBalance at
December 31, 2019ASU 2016-13January 1, 2020
Balance Sheet
Accounts receivable, net$238,479 $(148)$238,331 
Deferred income taxes, net31,395 33 31,428 
Retained earnings2,028,734 (115)2,028,619 

In February 2016, the Financial Accounting Standards Board (“FASB”) issued a new standard related to leases to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. The Company adopted ASC 842, as of January 1, 2019, using the modified retrospective approach as of the date of adoption. Under this approach, comparative periods have not been restated. In addition, IPG elected the package of three practical expedients permitted under the transition guidance within the new standard, which among other things, allowed for the carry forward of the historical lease classification.

Subsequent Events — The Company has considered the impact of subsequent events through the filing date of these financial statements. There were no events through the filing date of these financial statements required to be disclosed.
XML 23 R9.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Revenue From Contracts With Customers REVENUE FROM CONTRACTS WITH CUSTOMERS
Sales are derived from products for different applications: fiber lasers, diode lasers, systems and accessories for materials processing, fiber lasers, amplifiers an diodes for advanced applications, fiber amplifiers and transceivers for communications applications, and fiber lasers, systems and fibers for medical applications. The following tables represent a disaggregation of revenue from contracts with customers for the years ended December 31, 2020, 2019 and 2018:
Year Ended December 31,
202020192018
Sales by Application
Materials processing$1,082,478 $1,229,211 $1,374,448 
Other applications118,246 85,370 85,426 
Total$1,200,724 $1,314,581 $1,459,874 
Year Ended December 31,
202020192018
Sales by Product
High Power Continuous Wave ("CW") Lasers$646,062 $734,745 $909,726 
Medium Power CW Lasers50,796 56,625 95,764 
Pulsed Lasers158,448 137,675 162,048 
Quasi-Continuous Wave ("QCW") Lasers50,333 56,440 66,700 
Laser and Non-Laser Systems93,727 141,647 59,330 
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue201,358 187,449 166,306 
Total$1,200,724 $1,314,581 $1,459,874 

Sales by Geography
North America$246,189 $280,886 $202,743 
Europe:
Germany65,646 81,365 111,259 
Other including Eastern Europe/CIS219,540 249,871 296,917 
Asia and Australia:
China502,278 491,890 629,079 
Japan53,180 71,757 87,619 
Other103,785 121,586 127,251 
Rest of World10,106 17,226 5,006 
Total$1,200,724 $1,314,581 $1,459,874 

Timing of Revenue Recognition
Goods and services transferred at a point in time$1,144,237 $1,233,065 $1,447,343 
Goods and services transferred over time56,487 81,516 12,531 
Total$1,200,724 $1,314,581 $1,459,874 
The Company enters into contracts to sell lasers and spare parts, for which revenue is generally recognized upon shipment or delivery, depending on the terms of the contract. The Company also provides installation services and extended warranties. The Company frequently receives consideration from a customer prior to transferring goods to the customer under the terms of a sales contract. The Company records customer deposits related to these prepayments, which represent a contract liability. The Company also records deferred revenue related to installation services when consideration is received before the services have been performed. The standalone selling price for installation services is determined based on the estimated number of days of service technician time required for installation at standard service rates. The Company recognizes customer deposits and deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria is met. The Company bills customers for extended warranties upon entering into the agreement with the customer, resulting in deferred revenue. The timing of customer payments on contracts for the sale of customized robotic systems generally differs from the timing of revenue recognized, resulting in contract assets and liabilities. Contract assets are included within prepaid expense and other current assets on the consolidated balance sheets. Contract liabilities are included within accrued expenses and other current liabilities on the consolidated balance sheets.
The following table reflects the changes in the Company's contract assets and liabilities for the years ended December 31, 2020 and 2019:
December 31,January 1,December 31,January 1,
20202020Change20192019Change
Contract assets
Contract assets$8,999 $9,645 $(646)$9,645 $10,102 $(457)
Contract liabilities
Contract liabilities - current71,246 59,531 11,715 59,531 52,606 6,925 
Contract liabilities - long-term2,189 1,820 369 1,820 1,413 407 
During the year ended December 31, 2020 and 2019, the Company recognized revenue of $48,738 and $45,223, respectively, that was included in the contract liabilities at the beginning of the period.
The Company has elected the practical expedient in ASC 606-10-50-14, whereby the performance obligations for contracts with an original expected duration of one year or less are not disclosed. The following table represents the Company's remaining performance obligations from contracts that are recognized over time as of December 31, 2020:
Remaining Performance Obligations
20212022202320242025ThereafterTotal
Revenue expected to be recognized for extended warranty agreements$3,795 $996 $675 $381 $113 $11 $5,971 
Revenue to be earned over time from contracts to sell robotic systems17,513 1,336 — — — — 18,849 
Total$21,308 $2,332 $675 $381 $113 $11 $24,820 
XML 24 R10.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value Measurements
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Fair Value Measurements FAIR VALUE MEASUREMENTS
The Company's financial instruments consist of cash equivalents, short-term and long-term investments, accounts receivable, auction rate securities, accounts payable, drawings on revolving lines of credit, long-term debt, interest rate swaps and contingent purchase consideration.
The valuation techniques used to measure fair value are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect internal market assumptions. These two types of inputs create the following fair value hierarchy: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions. The Company classifies its financial instruments according to the prescribed criteria.
The carrying amounts of money market fund deposits, term deposits, accounts receivable, accounts payable and drawings on revolving lines of credit are considered reasonable estimates of their fair market value due to the short maturity of most of these instruments or as a result of the competitive market interest rates, which have been negotiated. The fair value of the Company's bond securities is based upon quoted prices for instruments with identical terms in active markets. The Company's commercial paper securities reported at fair value are based upon model-driven valuations in which all significant inputs are observable or can be derived from or corroborated by observable market data for substantially the full term of the asset or liability, and are therefore classified as Level 2.
The following table presents fair value information related to the Company's assets and liabilities measured at amortized cost on the consolidated balance sheets with the exception of the interest rate swap, which is measured at fair value:
 Fair Value Measurements at December 31, 2020
 TotalLevel 1Level 2Level 3
Assets
Cash equivalents:
Money market fund deposits and term deposits$218,984 $218,984 $— $— 
U.S. Treasury and agency obligations6,999 — 6,999 — 
Commercial paper162,749 — 162,749 — 
Corporate bonds29,010 — 29,010 — 
Short-term investments:
U.S. Treasury and agency obligations49,996 — 49,996 — 
Municipal bonds7,997 — 7,997 — 
Corporate bonds88,171 — 88,171 — 
Commercial paper368,665 — 368,665 — 
Total assets$932,571 $218,984 $713,587 $— 
Liabilities
Long-term notes$38,402 $— $38,402 $— 
Contingent purchase consideration1,963 — — 1,963 
Interest rate swap603 — 603 — 
Total liabilities$40,968 $— $39,005 $1,963 

  Fair Value Measurements at December 31, 2019
 TotalLevel 1Level 2Level 3
Assets
Cash equivalents:
Money market fund deposits and term deposits
$155,080 $155,080 $— $— 
Commercial paper
54,712 — 54,712 — 
Short-term investments:
Corporate bonds
259,422 259,422 — — 
Commercial paper
236,752 — 236,752 — 
Certificate of deposit6,501 6,501 — — 
Long-term investments and other assets:
Auction rate securities
592 — — 592 
Interest rate swap
13 — 13 — 
Total assets
$713,072 $421,003 $291,477 $592 
Liabilities
Long-term notes
$42,004 $— $42,004 $— 
Contingent purchase consideration
273 — — 273 
Total liabilities
$42,277 $— $42,004 $273 
Short-term investments consist of liquid investments including U.S. government and government agency notes, corporate bonds, commercial paper and certificates of deposit with original maturities of greater than three months but less than one year and are recorded at amortized cost. There were no impairments for the investments considered held-to-maturity at December 31, 2020 and December 31, 2019.
The following table presents the effective maturity dates of debt investments, which are held-to-maturity:
December 31, 2020December 31, 2019
Book ValueFair ValueBook ValueFair Value
Investment maturity
Less than 1 year$514,835 $514,829 $502,546 $502,675 

The Company entered into an interest rate swap that is designated as a cash flow hedge associated with a long-term note issued during the second quarter of 2016 that will terminate with the long-term note in May 2023. The fair value at December 31, 2020 for the interest rate swap considered pricing models whose inputs are observable for the securities held by the Company.
At December 31, 2020 and December 31, 2019, the Company's long-term notes consisted of a variable rate note and a fixed rate note, and are reported at amortized cost on the consolidated balance sheets. For disclosure purposes, the fair value of the long-term notes was estimated using a discounted cash flow model using observable market interest rates and are classified as a level 2. Based on the discounted cash flow model, the fair values of the long-term notes at December 31, 2020 and 2019 were $38,402 and $42,004, respectively, as compared to the book value of $37,967 and $41,708, respectively.
The fair value of contingent consideration was determined using an income approach at the respective business combination date and at the reporting date. That approach is based on significant inputs that are not observable in the market and include key assumptions such as assessing the probability of meeting certain milestones required to earn the contingent consideration.
The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:
202020192018
Auction rate securities
Balance, January 1$592 $847 $1,016 
Redemptions(596)(264)(207)
Change in fair value4 9 38 
Balance, December 31$— $592 $847 
Contingent purchase consideration
Balance, January 1$273 $898 $902 
Period transactions1,963 — — 
Cash payments(272)(632)— 
Change in fair value— (29)48 
Foreign exchange adjustment(1)36 (52)
Balance, December 31$1,963 $273 $898 
The auction rate securities were called during the year ended December 31, 2020. The net gain previously included in accumulated other comprehensive income was released and included in net income, in the amount of $232.
XML 25 R11.htm IDEA: XBRL DOCUMENT v3.20.4
Inventories
 12 Months Ended
Dec. 31, 2020
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories consist of the following:
December 31,
 20202019
Components and raw materials$190,775 $200,390 
Work-in-process47,251 49,620 
Finished goods126,967 130,780 
Total
$364,993 $380,790 
The Company recorded inventory provisions totaling $45,375, $38,902 and $12,981 for the years ended December 31, 2020, 2019 and 2018, respectively. These provisions relate to the recoverability of the value of inventories due to technological changes and excess quantities. These provisions are reported as a reduction to components and raw materials and finished goods.
XML 26 R12.htm IDEA: XBRL DOCUMENT v3.20.4
Business Combinations
 12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Business Combinations BUSINESS COMBINATIONS
During the fourth quarter of 2020, the Company acquired Pi-Tecnologia S.A. ("PiTec"), which is located in Brazil, to support development in advanced photonics. The acquisition price was $2,717, of which $906 was paid at closing and the remainder of which may be earned over three years based on reaching certain financial targets. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $3,211. The goodwill arising from this acquisition will not be deductible for tax purposes. The purchase price allocations related to the PiTec acquisition included in the Company's consolidated financial statements are not complete. They represent the preliminary fair value estimates as of December 31, 2020 and are subject to subsequent adjustment as the Company obtains additional information during the measurement period and finalizes its fair value estimates. Any subsequent adjustments to these fair value estimates occurring during the measurement period will result in changes to the amounts and allocations recorded.
During the first quarter of 2019, the Company acquired the submarine networks division (SND) of Padtec SA, a communications equipment company based in Brazil. SND is a provider of submarine networking technology and systems. The Company paid $19,560 to acquire SND, which represents the fair value on that date. Of the purchase price, $2,322 at December 31, 2020 ($2,914 at December 31, 2019) was held back in a restricted bank account for potential post-closing adjustments related to indemnities provided by the seller. The restricted cash balance is recorded in the consolidated balance sheets as presented in Note 1. The liability related to the amount due to the seller if the indemnities are satisfied is included within accrued expenses and other current liabilities as of December 31, 2020 on the consolidated balance sheets. Any excess of the purchase price was allocated to goodwill.
During the fourth quarter of 2018, the Company acquired 100% of the membership units of Genesis System Group, LLC (“Genesis Systems”). Genesis Systems is based in Davenport, Iowa, and has production facilities in the United States, Mexico, and Japan. Genesis Systems develops innovative robotic system solutions for applications that include welding, non-destructive inspection, machine vision, materials handling, removal and dispensing. The Company paid $107,987 to acquire Genesis Systems, which represents the fair value on that date. The purchase price includes $448, which was paid for the working capital adjustment finalized in the first quarter of 2019. As a result of the acquisition, the Company recorded intangible assets of $32,350 related to customer relationships with a weighted-average estimated useful life of 11 years and $11,350 related to technology, trademark and tradename with a weighted-average estimated useful life of 6 years. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $45,684, most of which will be deductible for tax purposes.
During the second quarter of 2018, the Company acquired 100% of the shares of robot concept GmbH (“RC”). RC is located near Munich, Germany, designs and manufactures customized laser systems. The purchase price was $4,453, which represents the fair value on that date. As a result of the acquisition, the Company recorded intangible assets of $111 related to customer relationships with a weighted-average estimated useful life of 1 year and $594 related to technology, trademark and tradename with a weighted-average estimated useful life of 10 years. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $4,072. The goodwill arising from this acquisition will not be deductible for tax purposes.
The fair values of net tangible assets and intangible assets acquired were based upon the Company's estimates and assumptions at the acquisition dates. The following table summarizes the allocation of the assets acquired and liabilities assumed at the acquisition dates for the year ended December 31, 2018:
Genesis SystemsRCTotal
Cash and cash equivalents $2,847 $30 $2,877 
Assets acquired excluding cash and cash equivalents and deferred tax assets39,262 2,151 41,413 
Liabilities assumed excluding deferred tax liabilities(23,506)(1,932)(25,438)
Deferred tax liabilities, net— (573)(573)
Intangible assets43,700 705 44,405 
Total identifiable net assets
62,303 381 62,684 
Goodwill45,684 4,072 49,756 
Total purchase price
$107,987 $4,453 $112,440 
The operating results of Genesis Systems and RC are included in the consolidated results of operations from the date of acquisition. The impact of earnings from Genesis Systems and RC from January 1, 2018 to the date of acquisition were not material to the Company. If the Genesis Systems acquisition had occurred on January 1, 2018, the unaudited consolidated pro forma net sales would have been $1,551,373 for the year ended December 31, 2018.
XML 27 R13.htm IDEA: XBRL DOCUMENT v3.20.4
Restructuring
 12 Months Ended
Dec. 31, 2020
Restructuring and Related Activities [Abstract]  
Restructuring RESTRUCTURING
In the second half of 2019, the Company implemented restructuring programs globally, which were primarily focused on workforce reduction, facility consolidation and ceasing investment in the submarine telecommunications industry.
Activity related to the restructuring accrual was as follows:
Severance and Employee Benefit CostsContract CancellationsTotal
Balance at January 1, 2019$— $— $— 
Charges1,466 314 1,780 
Cash payments(1,317)(275)(1,592)
Balance at December 31, 2019149 39 188 
Charges417 89 506 
Cash payments(560)(128)(688)
Foreign exchange adjustment(6)— (6)
Balance at December 31, 2020$— $— $— 
XML 28 R14.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill And Intangible Assets
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets GOODWILL AND INTANGIBLE ASSETS
The following table sets forth the changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019:
 20202019
Balance at January 1$82,092 $100,722 
Adjustments to goodwill during the measurement period— 448 
Goodwill arising from business combinations3,211 19,076 
Impairment losses(44,589)(37,120)
Foreign exchange adjustment 652 (1,034)
Balance at December 31$41,366 $82,092 
The Company tests its reporting units for goodwill impairment annually as of the first day of the fourth quarter, or more frequently if events or circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. For certain reporting units, the Company performed a quantitative assessment using the discounted cash flow method under the income approach to estimate the fair value.
During the third quarter of 2020, the Company concluded that declines in revenue and order flow for the Genesis custom systems business caused by pandemic-related decreases in capital spending in the aerospace and transportation industries were a triggering event requiring a goodwill impairment evaluation. The Company performed a quantitative assessment using the discounted cash flow method under the income approach as well as the guideline public company analysis and guideline transaction analysis under the market approach to estimate the fair value of the custom systems business. As a result, the Company recognized a non-cash impairment loss of $44,589, which was equal to the carrying amount of goodwill prior to its impairment. The analysis considered internal forecasts of sales, profitability and capital expenditures, as well as valuation multiples of comparable public companies and valuation multiples of transactions of comparable companies. The Company performed the 2020 annual impairment test as of October 1, 2020, and no additional impairments were recorded as a result of this test. The carrying balance of goodwill at December 31, 2020 was net of accumulated impairments of $81,709.
As a result of the 2019 annual impairment test for the transceivers reporting unit, the Company recognized a non-cash impairment loss of $19,325, which was equal to the goodwill carrying amount prior to its impairment. The analysis considered lower than forecasted sales and profitability, as well as the impact of delays in new product launches. Additionally, in 2019 the Company decided that it would not make further investments required to obtain the necessary market share in the submarine telecommunications industry and commenced efforts to sell the submarine networks reporting unit. As a result that decision, the Company recognized a non-cash impairment loss of $17,795, which decreased the net assets to the estimated net realizable value as of December 31, 2019. The Company sold the submarine networks reporting unit in the third quarter of 2020. The carrying balance of goodwill at December 31, 2019 was net of accumulated impairments of $37,120.
Intangible assets, subject to amortization, consisted of the following: 
 December 31, 2020December 31, 2019
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Weighted- Average Lives
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Weighted- Average Lives
Customer relationships$58,041 $(17,674)$40,367 11 years$57,866 $(11,993)$45,873 11 years
Technology, trademark and trade name40,518 (20,949)19,569 7 years41,297 (16,128)25,169 7 years
Production know-how9,325 (8,167)1,158 7 years9,180 (7,415)1,765 7 years
Patents8,036 (7,016)1,020 8 years8,036 (6,572)1,464 8 years
Total
$115,920 $(53,806)$62,114 $116,379 $(42,108)$74,271 
Amortization expense for the years ended December 31, 2020, 2019 and 2018 was $11,974, $12,945 and $8,170, respectively.
The estimated future amortization expense for intangibles as of December 31, 2020 is as follows:
20212022202320242025ThereafterTotal
$11,591 $10,761 $9,861 $7,522 $6,311 $16,068 $62,114 
XML 29 R15.htm IDEA: XBRL DOCUMENT v3.20.4
Property, Plant And Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant And Equipment PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consist of the following: 
 December 31,
 20202019
Land$51,454 $45,676 
Buildings412,725 400,617 
Machinery and equipment473,420 449,783 
Office furniture and fixtures77,196 70,001 
Construction-in-progress70,341 44,201 
Total property, plant and equipment1,085,136 1,010,278 
Accumulated depreciation(487,609)(409,426)
Total property, plant and equipment — net$597,527 $600,852 
The Company recorded depreciation expense of $78,414, $78,959 and $68,231 for the years ended December 31, 2020, 2019 and 2018, respectively.
Long-lived assets include property, plant and equipment, related deposits on such assets and demonstration equipment. The geographic locations of the Company's long-lived assets, net, based on physical location of the assets, as of December 31, 2020 and 2019 are as follows:
 December 31,
 20202019
United States$362,395 $366,059 
Germany86,980 86,881 
Russia66,924 84,471 
Belarus38,304 28,361 
China8,175 8,933 
Other49,170 43,255 
Total$611,948 $617,960 
XML 30 R16.htm IDEA: XBRL DOCUMENT v3.20.4
Accrued Expenses And Other Liabilities
 12 Months Ended
Dec. 31, 2020
Payables and Accruals [Abstract]  
Accounts Expenses And Other Liabilities ACCRUED EXPENSES AND OTHER LIABILITIES
Accrued expenses and other liabilities consist of the following:
December 31,
 20202019
Contract liabilities$71,246 $59,531 
Accrued compensation62,785 48,881 
Current portion of accrued warranty24,345 23,114 
Short-term lease liabilities5,778 5,300 
Other12,586 12,956 
Total$176,740 $149,782 
XML 31 R17.htm IDEA: XBRL DOCUMENT v3.20.4
Product Warranties
 12 Months Ended
Dec. 31, 2020
Product Warranties Disclosures [Abstract]  
Product Warranties PRODUCT WARRANTIES
Activity related to the warranty accrual was as follows:
202020192018
Balance at January 1$48,866 $51,422 $47,517 
Provision for warranty accrual24,555 22,613 24,948 
Warranty claims(30,002)(24,826)(18,922)
Foreign currency translation and other2,250 (343)(2,121)
Balance at December 31$45,669 $48,866 $51,422 
Accrued warranty reported in the accompanying consolidated financial statements as of December 31, 2020 and December 31, 2019 consists of $24,345 and $23,114 in accrued expenses and other liabilities and $21,324 and $25,752 in other long-term liabilities, respectively.
XML 32 R18.htm IDEA: XBRL DOCUMENT v3.20.4
Financing Arrangements
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Financing Arrangements FINANCING ARRANGEMENTS
The Company's borrowings under existing financing arrangements consist of the following: 
December 31,
 20202019
Total notes payable$37,967 $41,708 
Less: current portion(3,810)(3,740)
Total long-term debt$34,157 $37,968 
Term Debt:
Long-Term Notes — At December 31, 2020, the outstanding principal balance on the long-term notes was $37,967 of which $3,810 is the current portion. The Company has an unsecured long-term note of $18,406 of which $1,187 is the current portion. The interest on this unsecured long-term note is variable at 1.20% above LIBOR and is fixed using an interest rate swap at 2.85% per annum. The unsecured long-term note matures in May 2023, at which time the outstanding principal balance will be $15,438. The Company has another note that is secured by the corporate aircraft with an outstanding principal balance of $19,561 of which $2,623 is the current portion. The interest on this collateralized long-term note is fixed at 2.74% per annum. The collateralized long-term note matures in July 2022, at which time the outstanding principal balance will be $15,375.
The future principal payments for the Company’s notes as of December 31, 2020 are as follows:
2021$3,810 
202218,126 
202316,031 
Total$37,967 
Revolving Line of Credit Facilities:
U.S. Line of Credit — The Company maintains an unsecured revolving line of credit with a principal amount of $75,000, expiring in April 2025. The line of credit bears interest at a variable rate of LIBOR plus 0.80% to 1.20% depending on the Company's financial performance. Part of this credit facility is available to the Company's foreign subsidiaries including those in India, China, Japan and Brazil based on management discretion. At December 31, 2020, there were no outstanding drawings, however, there were $3,300 of guarantees issued against the line which reduced the total availability. At December 31, 2020, the remaining availability under this line was $71,700.
The Company is required to meet certain financial covenants associated with its U.S. revolving line of credit and long-term debt facility. These covenants, tested quarterly, include an interest coverage ratio and a funded debt to earnings before interest, taxes, depreciation and amortization ("EBITDA") ratio. The interest coverage covenant requires that the Company maintains a trailing twelve-month ratio of EBITDA to interest on all obligations that is at least 3.0:1.0. The funded debt to EBITDA covenant requires that the sum of all indebtedness for borrowed money on a consolidated basis be less than three
times its trailing twelve months EBITDA. Funded debt is decreased by its cash and available marketable securities not classified as long-term investments in the U.S. in excess of $50,000 up to a maximum of $500,000.
 Euro Line of Credit — The Company maintains an unsecured revolving line of credit with a principal amount of €50,000 ($61,319 at December 31, 2020), expiring in July 2023. The line of credit bears interest at various rates based upon the type of loan. This credit facility is available to the Company's foreign subsidiaries including those in Germany, Russia, China and Italy based on management discretion. At December 31, 2020, there were no drawings, however, there were $3,424 of guarantees issued against the line which reduced the total availability. At December 31, 2020, the remaining availability under this line was $57,895.
Other European Facilities — The Company maintains two Euro credit lines in Italy with aggregate available principal of €2,000 ($2,453 as of December 31, 2020), with no expiration date, which bear interest at market rates that reset at the beginning of each quarter. At December 31, 2020, there were no outstanding drawings and the aggregate remaining availability under these lines was $2,453. These facilities are collateralized by a common pool of the assets of the Company's Italian subsidiary.
XML 33 R19.htm IDEA: XBRL DOCUMENT v3.20.4
Derivative Instruments
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments DERIVATIVE INSTRUMENTS
The Company's only outstanding derivative financial instrument is an interest rate swap that is classified as a cash flow hedge of its variable rate debt. The fair value amounts in the consolidated balance sheets were:
 December 31,
 20202019
Notional amounts (1)
$18,406 $19,594 
Fair values:
Other assets— 13 
Deferred income taxes and other long-term liabilities603 — 
(1) Notional amounts represent the gross contract/notional amount of the derivative outstanding.
The derivative gains and losses in the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018, related to the Company's current and previous interest rate swap contracts were as follows:
 Year Ended December 31,
 202020192018
Effective portion recognized in other comprehensive income (loss), pretax:
Interest rate swap$(616)$(18)$15 
XML 34 R20.htm IDEA: XBRL DOCUMENT v3.20.4
Leases
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Leases LEASES
The Company leases certain warehouses, office spaces, land, vehicles and equipment under operating lease agreements. The remaining terms of these leases range from less than 1 year to 44 years. The operating lease expense for the years ended December 31, 2020, 2019 and 2018, totaled $7,797, $8,800 and $6,175, respectively. The cash paid for amounts included in the measurement of lease liabilities included in the operating cash flows from operating leases was $6,634 and $6,802 for the years ended December 31, 2020 and 2019, respectively. The Company does not have any finance lease arrangements.
The Company's operating lease assets and lease liabilities consist of the following as of December 31, 2020 and 2019:
Year Ended December 31,
AccountClassification20202019
Right-of-use assetsOther assets$21,720 $23,028 
Short-term lease liabilitiesAccrued expenses and other liabilities5,778 5,300 
Long-term lease liabilitiesDeferred income taxes and other long-term liabilities18,448 20,410 
Total lease liabilities$24,226 $25,710 
The table below presents the maturities of operating lease liabilities as of December 31, 2020:
2021$6,452 
20224,854 
20233,573 
20242,251 
20252,076 
Thereafter8,311 
Total future minimum lease payments27,517 
Less: imputed interest(3,291)
Present value of lease liabilities$24,226 
Other information relevant to the Company's operating leases consist of the following as of December 31, 2020 and 2019:
Year Ended December 31,
20202019
Weighted-average remaining lease term9 years9 years
Weighted-average discount rate3.46 %3.58 %
XML 35 R21.htm IDEA: XBRL DOCUMENT v3.20.4
Commitments And Contingencies
 12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Commitments And Contingencies COMMITMENTS AND CONTINGENCIES
Employment Agreements — The Company has entered into employment agreements with certain members of senior management. The terms of these agreements are up to three years and include non-competition, non-solicitation and nondisclosure provisions, as well as provisions for defined severance for terminations of employment under certain conditions and a change of control of the Company. The Company also maintains a severance plan for certain of its senior management providing for defined severance for terminations of employment under certain conditions and a change of control of the Company.
Contractual Obligations — The Company has entered into various purchase obligations that include agreements for construction of buildings, raw materials and equipment. Obligations under these agreements were $51,730 and $53,922 as of December 31, 2020 and 2019, respectively.
Legal proceedings — From time to time, the Company may be involved in disputes and legal proceedings in the ordinary course of its business. These proceedings may include allegations of infringement of intellectual property, commercial disputes and employment matters. As of December 31, 2020 and through the date of the Company's subsequent review period of February 22, 2021, the Company has no legal proceedings ongoing that management estimates could have a material effect on the Company's Consolidated Financial Statements.
XML 36 R22.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation
 12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation STOCK-BASED COMPENSATION
Stock-based compensation is included in the following financial statement captions: 
 Year Ended December 31,
 202020192018
Cost of sales$10,392 $9,249 $6,535 
Sales and marketing4,395 3,815 2,550 
Research and development9,122 7,690 6,410 
General and administrative11,749 12,824 12,532 
Total stock-based compensation35,658 33,578 28,027 
Tax benefit recognized(7,498)(5,114)(6,632)
Net stock-based compensation$28,160 $28,464 $21,395 
Incentive Plans — In February 2006, the Company's board of directors adopted the 2006 Incentive Compensation Plan (the "2006 Plan"), which provides for the issuance of stock options, performance stock units ("PSUs"), restricted stock units ("RSUs"), other equity-based awards and cash awards to the Company's directors, employees, consultants and advisors. In June 2006, the Company's board of directors adopted the Non-Employee Directors Stock Plan (the "Directors Plan") for non-employee directors, which was subsequently merged into the 2006 Plan. A total of 10,363,465 shares are reserved under the 2006 Plan. At December 31, 2020, 2,851,428 shares of the Company's stock were available for future grant under the 2006 Plan. The Company may grant stock options only at an exercise price equal to or greater than the fair market value of its common stock on the date of grant. Equity awards generally vest over periods of one to four years and generally expire ten years after the date of the grant. The vesting of awards under the 2006 Plan accelerate following the occurrence of certain change of control events, if the participant's employment is terminated within two years without cause or if the successor entity does not agree to assume existing awards or replace with equivalent value awards. Awards granted to non-employee directors automatically become exercisable upon a change of control. All shares issued under the 2006 Plan and Directors Plan are registered shares, newly issued by the Company.
The Company granted certain PSUs to executive officers and other senior managers. PSUs are based on relative total stockholder return ("TSR") and, starting in 2020, operating cash flow metrics ("OCF"). PSU agreements provide for the award of PSUs with each unit representing the right to receive one share of the Company's common stock to be issued after the applicable award vesting period. The final number of units awarded, if any, for these performance grants will be determined as of the vesting dates, based upon (i) in the case of TSR PSUs granted in 2020, the Company's total shareholder return over the performance period compared to the S&P 1500 Composite / Electronic Equipment Instruments & Components Index, and (ii) in the case of OCF PSUs, the ratios of the Company's operating cash flow to adjusted net income during three years in the performance period. The final number of units awarded under each of the TSR PSUs and OCF PSUs could range from between 0% and 200% of the amount of the target award.
During the year ended December 31, 2020, the Company did not grant stock options to employees, replacing them with a grant of RSUs. The assumptions used in the Black-Scholes model for the calculation of the options were as follows for the years ended December 31:
20192018
Expected term
4.3 - 5.1 years
4.1 - 4.9 years
Volatility
37% - 38%
31% - 36%
Risk-free rate of return
1.66% - 2.55%
2.54% - 3.01%
Dividend yield0.25%0.25%
Forfeiture rate—%—%
The following table summarizes the option activity for the years ended December 31:
Number of Options
Weighted-Average Exercise Price
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 20181,797,493 $73.95 
Granted257,111 232.26 
Exercised(282,720)58.94 
Forfeited(24,810)131.36 
Outstanding — December 31, 20181,747,074 98.93 5.80$58,084 
Granted334,740 153.78 
Exercised(192,533)56.58 
Forfeited(46,839)149.64 
Outstanding — December 31, 20191,842,442 112.03 5.73$85,110 
Granted— 
Exercised(533,716)70.17 
Forfeited(36,103)179.85 
Outstanding — December 31, 20201,272,623 $127.74 5.47$125,550 
Unvested — December 31, 2020382,729 $171.98 7.57$21,386 
Exercisable — December 31, 2020889,894 $108.71 4.57$104,164 
The intrinsic value of the options exercised during the years ended December 31, 2020, 2019 and 2018, was $52,868, $17,891 and $51,266, respectively. There were no options granted for the year ended December 31, 2020. The total compensation cost related to non-vested option awards not yet recorded at December 31, 2020 was $13,522 which is expected to be recognized over a weighted-average of 1.9 years.
The following table summarizes the RSUs activity for the years ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 2018378,261 $96.23 
Granted80,254 227.45 
Vested(97,997)91.62 
Canceled(9,497)121.37 
Outstanding — December 31, 2018351,021 126.93 2.62$39,767 
Granted120,090 151.94 
Vested(147,606)120.58 
Canceled(16,667)139.73 
Outstanding — December 31, 2019306,838 139.09 2.57$44,467 
Granted198,606 145.10 
Vested(168,733)115.77 
Canceled(16,025)157.36 
Outstanding — December 31, 2020320,686 $154.29 1.33$71,766 
The intrinsic value of the RSUs that vested during the years ended December 31, 2020, 2019 and 2018, was $22,252, $22,638 and $22,978, respectively. The total compensation cost related to non-vested RSU awards not yet recorded at December 31, 2020 was $35,060 which is expected to be recognized over a weighted-average of 2.7 years. The aggregate fair value of awards vested during the year ended December 31, 2020 was $19,535.
The weighted-average fair value of TSR PSUs was determined using the Monte Carlo simulation model incorporating the following weighted-average assumptions:
202020192018
Performance term3.0 years3.0 years3.0 years
Volatility
19% - 44%
18% - 40%
13% - 32%
Risk-free rate of return1.39%2.48%2.41%
Dividend yield—%—%—%
Weighted-average fair value per share$169.28$192.46$284.78
The following table summarizes TSR PSUs activity for the years ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 201875,949 $119.45 
Granted33,706 238.12 
Vested— 
Canceled— 
Outstanding — December 31, 2018109,655 146.96 1.77$12,423 
Granted34,989 190.83 
Vested(43,594)128.54 
Canceled(1,208)228.68 
Outstanding — December 31, 201999,842 162.34 1.84$14,469 
Granted18,411 170.42 
Vested(48,659)106.03 
Canceled(1,769)204.01 
Outstanding — December 31, 202067,825 $206.21 1.28$15,179 
TSR PSUs are included at 100% of target goal. The intrinsic value of the TSR PSUs vested during the year ended December 31, 2020 was $6,211. The total compensation cost related to nonvested awards not yet recorded at December 31, 2020 was $5,190 which is expected to be recognized over a weighted average of 1.8 years. The aggregate fair value of awards vested during the year ended December 31, 2020 was $5,159.
The weighted-average fair value of the OCF PSUs was determined using the Black-Scholes model incorporating the following assumptions:
2020
Performance term3.0 years
Volatility—%
Risk-free rate of return1.39%
Dividend yield0.10%
Weighted-average fair value per share$143.51
The following table summarizes OCF PSUs activity for the year ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
  (In years)(In thousands)
Outstanding — January 1, 2020$— 
Granted24,817 $143.51 
Vested— 
Canceled(716)143.51 
Outstanding — December 31, 202024,101 $143.51 2.16$5,394 
OCF PSUs are included at 100% of target goal. The total compensation cost related to nonvested awards not yet recorded at December 31, 2020 was $2,495 which is expected to be recognized over a weighted average of 2.3 years.
XML 37 R23.htm IDEA: XBRL DOCUMENT v3.20.4
Employee Benefit Plans
 12 Months Ended
Dec. 31, 2020
Compensation Related Costs [Abstract]  
Employee Benefit Plans EMPLOYEE BENEFIT PLANSThe Company maintains a defined contribution retirement plan offered to all of its U.S. employees, as well as plans at certain foreign and domestic subsidiaries. The Company makes matching contributions to each plan, which amounted to approximately $6,253, $6,005 and $4,261, respectively for years ended December 31, 2020, 2019 and 2018.The Company has an employee stock purchase plan offered to its U.S. and German employees. The plan allows employees who participate to purchase shares of common stock through payroll deductions at a 15% discount to the lower of the stock price on the first day or the last day of the six-month purchase period. Payroll deductions may not exceed 10% of the employee's compensation and are subject to other limitations. Compensation expense related to the employee stock purchase plan was $2,033, $2,254 and $925 for the years ended December 31, 2020, 2019 and 2018, respectively. As of December 31, 2020, there were 294,544 shares available for issuance under the employee stock purchase plan.
XML 38 R24.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes
 12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXES
Income before the impact of income taxes for the years ended December 31 consisted of the following:
202020192018
U.S.$5,490 $59,790 $146,855 
Foreign200,202 188,586 387,540 
Total$205,692 $248,376 $534,395 
The Company's provision for income taxes for the years ended December 31 consisted of the following:
202020192018
Current:
Federal$3,871 $7,127 $7,274 
State688 2,405 2,097 
Foreign53,608 74,072 125,431 
Total current58,167 83,604 134,802 
Deferred:
Federal(10,300)(4,896)2,497 
State(1,594)(1,658)8,449 
Foreign(919)(8,935)(15,522)
Total deferred(12,813)(15,489)(4,576)
Provision for income taxes$45,354 $68,115 $130,226 
A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision for the years ended December 31, were as follows:
202020192018
Tax at statutory rate$43,201 $52,159 $112,223 
Non-U.S. rate differential — net10,968 14,958 26,985 
State income taxes — net697 2,362 3,367 
Stock-based compensation - tax benefit(9,664)(5,114)(13,298)
Foreign derived intangible income benefit ("FDII")— (4,763)(7,930)
Global intangible low-taxed income taxed in the U.S. ("GILTI")— 4,648 5,955 
Goodwill impairment— 10,009 — 
Effect of 2017 U.S. Tax Cuts and Jobs Act— — (4,747)
Withholding tax on intercompany dividend2,193 3,122 — 
Effect of changes in enacted tax rates on deferred tax assets and liabilities(23)(639)8,007 
Federal and state tax credits(6,762)(12,173)(11,024)
Russia investment tax credit(3,228)— — 
Change in reserves, including interest and penalties3,878 779 2,290 
Change in valuation allowance2,019 4,515 7,421 
Other — net2,075 (1,748)977 
Provision for income taxes$45,354 $68,115 $130,226 
The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, were as follows:
20202019
Inventory provisions$29,657 $23,611 
Allowances and accrued liabilities12,719 10,502 
Deferred compensation3,256 9,428 
Other tax credits15,571 15,001 
Net operating loss carryforwards11,594 5,748 
Property, plant and equipment(7,401)(18,607)
Withholding tax on intercompany dividend(2,774)(3,597)
Valuation allowance(22,617)(14,384)
Net deferred tax assets$40,005 $27,702 
The Company has recorded $2,774 and $3,597 as a deferred tax liability on December 31, 2020 and 2019, respectively, for certain withholding and dividend taxes related to possible future distributions from subsidiaries to their respective parent companies. The Company paid a dividend from its German subsidiary in 2020 of $166,055 and continues to plan for future dividends to the extent the entity’s cash exceeds its operational and investment needs. Since there is no federal or withholding tax on such distributions from Germany to the U.S., the Company has accrued only a state tax on future dividends from Germany. Also, the Company’s subsidiary in Russia paid a dividend of $50,000 to its parent company in Germany in 2019 and paid a 5% withholding tax on that dividend. In addition, the Company accrues taxes to the extent that foreign subsidiaries have cash in excess of their operational needs. The withholding tax liabilities at both December 31, 2020 and 2019 are primarily related to dividends out of the Company’s Russian subsidiary. With regard to future repatriation of undistributed earnings of other non-U.S. subsidiaries, the Company continues to consider these earnings to be indefinitely reinvested to the extent the cash balance in each subsidiary is less than current needs for operations and expansion. At December 31, 2020 and 2019, the cumulative undistributed earnings in non-U.S. subsidiaries were approximately $1,051,893 and $1,078,879, respectively.
In determining the Company’s 2020 and 2019 tax provisions, the Company calculated the deferred tax assets and liabilities for each separate tax entity. The Company then considered a number of factors including the positive and negative
evidence regarding the realization of deferred tax assets to determine whether a valuation allowance should be recognized with respect to the deferred tax assets.
As of December 31, 2020 and 2019, the Company had state tax credit carryforwards (net of federal tax benefit) of $15,571 and $15,003, respectively. The state tax credit carryforwards begin expiring in 2021. The Company has determined that it is not more likely than not that some of the state credits will be used before the expiration date and has accrued a valuation allowance of $12,414 and $10,632 as of December 31, 2020 and 2019, respectively.
The Company has tax loss carryforwards in foreign jurisdictions totaling $36,318 and $13,218 as of December 31, 2020 and 2019, respectively. The Company does not believe it is more likely than not that any of the loss carryforwards can be used and has provided a valuation allowance against the tax benefit of the losses in foreign jurisdictions of $10,210 and $3,753 at December 31, 2020 and 2019, respectively. The Company's acquisition of Menara Networks, Inc. ("Menara") in 2016 included net operating loss carryforwards of $22,242. As of December 31, 2020 and 2019, the Company had $5,121 and $8,953 of these net operating loss carryforwards remaining, respectively. No valuation allowance has been provided for these carryforwards as the Company expects to be able to fully utilize them to offset future income.
The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. Reserves recorded are based on a determination of whether and how much of a tax benefit taken by the Company in the Company's tax filings or positions is "more likely than not" to be realized following resolution of any potential contingencies present related to the tax benefit, assuming that the matter in question will be raised by the tax authorities. The following is a tabular reconciliation of the total amounts of unrecognized tax benefits:
20202019
Balance at January 1$11,416 $11,206 
Change in prior period positions(427)(1,776)
Settlement of prior period position— (230)
Additions for tax positions in current period4,000 2,000 
Foreign exchange adjustments(283)216 
Balance at December 31$14,706 $11,416 
Substantially all of the liability for uncertain tax benefits related to various federal, state and foreign income tax matters, would benefit the Company's effective tax rate, if recognized.
Estimated penalties and interest related to the underpayment of income taxes were $305, $543 and $631 for the years ended December 31, 2020, 2019 and 2018, respectively, and are included within the provision for income taxes. Total accrued penalties and interest related to the underpayment of income taxes were $1,977 and $1,672 at December 31, 2020 and 2019, respectively.
The Company's uncertain tax positions are related to tax years that remain subject to examination by the relevant taxing authorities. The Company is currently under a tax audit in the U.S. for the years 2017 to 2018. Open tax years by major jurisdictions are:
United States
2017 - 2020
Germany
2017 - 2020
Russia
2016 - 2020
XML 39 R25.htm IDEA: XBRL DOCUMENT v3.20.4
Net Income Attributable To IPG Photonics Corporation Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Income Attributable To IPG Photonics Corporation Per Share NET INCOME ATTRIBUTABLE TO IPG PHOTONICS CORPORATION PER SHARE
The following table sets forth the computation of diluted net income attributable to IPG Photonics Corporation per share: 
Year Ended December 31,
 202020192018
Net income attributable to IPG Photonics Corporation$159,572 $180,234 $404,027 
Net income attributable to common stockholders159,572 180,234 404,027 
Basic weighted average shares53,186 53,061 53,522 
Dilutive effect of common stock equivalents599 778 1,204 
Diluted weighted average common shares53,785 53,839 54,726 
Basic net income attributable to IPG Photonics Corporation per share$3.00 $3.40 $7.55 
Basic net income attributable to common stockholders$3.00 $3.40 $7.55 
Diluted net income attributable to IPG Photonics Corporation per share$2.97 $3.35 $7.38 
Diluted net income attributable to common stockholders$2.97 $3.35 $7.38 
The computation of diluted weighted average common shares excludes certain common stock equivalents, including non-qualified stock options, PSUs, RSUs and the employee stock purchase plan because the effect of including them would be anti-dilutive. The weighted average anti-dilutive shares outstanding for the years ended December 31, 2020, 2019 and 2018, respectively, were as follows:
Year Ended December 31,
202020192018
Non-qualified stock options536,500 571,000 204,300 
Restricted stock units29,100 58,700 60,500 
Performance stock units— 40,900 14,900 
Total weighed average anti-dilutive shares outstanding565,600 670,600 279,700 
On May 5, 2020, the Company announced that its Board of Directors authorized the purchase of up to $200,000 of IPG common stock. This new authorization is separate from, and in addition to, the Company's $125,000 stock repurchase program authorized in February 2019. Under the two share purchase authorizations, IPG may repurchase shares of common stock (a) in an amount not to exceed the lesser of the number of shares issued to employees and directors under the Company's various employee and director equity compensation and employee stock purchase plans in 2019 and 2020 or $125,000 plus (b) $200,000, in both cases exclusive of any fees, commissions or other expenses. Share repurchases may be made periodically in open-market transactions using the Company's working capital and are subject to market conditions, legal requirements and other factors. The share purchase program authorization does not obligate the Company to repurchase any dollar amount or number of its shares, and repurchases may be commenced or suspended from time to time without prior notice.
For the years ended December 31, 2020, 2019 and 2018, respectively, the Company repurchased 301,660 shares, 301,262 shares, and 1,051,825 shares of its common stock with an average price of $125.58, $135.21 and $167.39 per share in the open market, respectively. As of December 31, 2020 the remaining amount authorized under the programs is up to $246,000, but may be less depending upon the equity compensation and employee stock purchase plan dilution during the programs. The impact on the reduction of weighted average shares for years ended December 31, 2020, 2019 and 2018 was 201,953 shares, 97,054 shares and 363,936 shares, respectively.
XML 40 R26.htm IDEA: XBRL DOCUMENT v3.20.4
Related-Party Transactions
 12 Months Ended
Dec. 31, 2020
Related Party Transactions [Abstract]  
Related-Party Transactions RELATED-PARTY TRANSACTIONSThe Company's Chief Executive Officer ("CEO") leases the annual right to use 25% of the Company's corporate aircraft under a lease signed in July 2017. The lease expires July 2022. The annual lease rate is $925 and future rent payments are adjusted annually. The Company invoiced the CEO $937, $924 and $925 in 2020, 2019, and 2018, respectively, under the aircraft leases. There was $154 due to the Company at December 31, 2020, and there were no amounts due at December 31, 2019. The CEO directly pays an unrelated flight management firm for the operating costs of his private use including pilot fees, fuel and other costs. In 2020, 2019 and 2018, the Company purchased various equipment, parts and services from a company for which one of the Company's independent directors was chairman of its board of directors. The payments for 2020, 2019 and 2018 totaled $760, $51 and $947, respectively. There was $566 due to this company at December 31, 2020, and there were no amounts due at December 31, 2019. The Company sold various equipment and parts to a different company for which one of the Company's independent directors is also an independent director. The sales totaled $675 for 2020, and there were no sales for 2019 and 2018. There was $334 due to the Company at December 31, 2020, and there were no amounts due at December 31, 2019.
XML 41 R27.htm IDEA: XBRL DOCUMENT v3.20.4
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2020
Selected Quarterly Financial Information [Abstract]  
Selected Quarterly Financial Data (Unaudited) SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
2020
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Net sales$249,242 $296,411 $318,441 $336,630 
Gross profit102,876 136,449 152,792 146,879 
Net income attributable to IPG Photonics Corporation36,403 38,226 35,604 49,339 
Net income per share, basic0.69 0.72 0.67 0.92 
Net income per share, diluted0.68 0.71 0.66 0.92 
Net income attributable to IPG Photonics Corporation as well as the basic and diluted income per share in the third quarter of the year ended December 31, 2020 were impacted by goodwill impairment discussed in Note 7.

2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Net sales$315,047 $363,769 $329,138 $306,627 
Gross profit148,911 180,237 152,858 124,203 
Net income (loss) attributable to IPG Photonics Corporation55,159 72,272 57,253 (4,450)
Net income (loss) per share, basic1.04 1.36 1.08 (0.08)
Net income (loss) per share, diluted1.02 1.34 1.07 (0.08)
Net income attributable to IPG Photonics Corporation as well as the basic and diluted loss per share in the fourth quarter of the year ended December 31, 2019 were impacted by goodwill impairment, impairment of long-lived assets and other restructuring charges discussed in Notes 6 and 7.
XML 42 R28.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Policy)
 12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Principles of Consolidation Principles of Consolidation — The accompanying financial statements include the accounts of the Company and its majority-owned subsidiaries. All intercompany accounts and transactions have been eliminated.
Use of Estimates Use of Estimates — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.
Foreign Currency Foreign Currency — The financial information for entities outside the United States is measured using local currencies as the functional currency. Assets and liabilities are translated into U.S. dollars at the exchange rate in effect on the respective balance sheet dates. Income and expenses are translated into U.S. dollars based on the average rate of exchange for the corresponding period. Exchange rate differences resulting from translation adjustments are accounted for directly as a component of accumulated other comprehensive loss.
Cash and Cash Equivalents and Short-Term and Long-term Investments Cash and Cash Equivalents and Short-Term Investments — Cash and cash equivalents consist primarily of highly liquid investments, such as bank deposits, mutual funds and marketable securities with maturities of three months or less at the date of purchase with insignificant interest rate risk. Short-term investments consist primarily of similar highly liquid investments and marketable securities with insignificant interest rate risks.
Accounts Receivable and Allowance for Doubtful Accounts Accounts Receivable and Allowance for Doubtful Accounts — Accounts receivable include $58,566 and $16,484 of bank acceptance drafts at December 31, 2020 and 2019, respectively. Bank acceptance drafts are bank guarantees of payment on specified dates. The weighted average maturity of these bank acceptance drafts is approximately 130 days. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be collected. The allowance is based upon an estimate of expected credit losses over the life of outstanding receivables. The estimate involves an assessment of customer creditworthiness, historical payment experience, an assumption of future expected credit losses, and the age of outstanding receivables.
Inventories Inventories — Inventories are stated at the lower of cost or market on a first-in, first-out basis. Inventories include parts and components that may be specialized in nature and subject to rapid obsolescence. The Company periodically reviews the quantities and carrying values of inventories to assess whether the inventories are recoverable. The costs associated with provisions for excess quantities, technological obsolescence, or component rejections are charged to cost of sales as incurred.
Goodwill Goodwill — Goodwill is the amount by which the cost of the acquired net assets in a business acquisition exceeded the fair values of the net identifiable assets on the date of purchase. Goodwill is assessed for impairment at least annually, on a reporting unit basis, or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. The process of evaluating the potential impairment of goodwill is subjective and requires significant judgment at many points during the analysis. If the book value of a reporting unit exceeds its fair value, the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded in an amount equal to that excess. The results of the goodwill assessments for the years ended December 31, 2020 and 2019 are discussed in Note 7.
Intangible Assets Intangible Assets — Intangible assets result from the Company's various business acquisitions. Intangible assets are reported at cost, net of accumulated amortization, and are amortized on a straight-line basis either over their estimated useful lives of one year to thirteen years or over the period the economic benefits of the intangible asset are consumed.
Property, Plant and Equipment Property, Plant and Equipment — Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is determined using the straight-line method based on the estimated useful lives of the related assets. In the case of leasehold improvements, the estimated useful lives of the related assets do not exceed the remaining terms of the corresponding leases.
Long-Lived Assets Long-Lived Assets — Long-lived assets, which consist primarily of property, plant and equipment and identifiable intangible assets, are reviewed by management for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When undiscounted expected future cash flows are less than the carrying value, an impairment loss is recorded equal to the amount by which the carrying value exceeds the fair value of assets.
Revenue Recognition
Revenue Recognition — Revenue is recognized when transfer of control to the customer occurs in an amount reflecting the consideration that the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when a performance obligation is satisfied.
The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be contracts with a customer. As part of its consideration of the contract, the Company evaluates certain factors including the customer's ability to pay (or credit risk). For each contract, the Company considers the promise to transfer products, each of which is distinct as the identified performance obligations. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. As
the Company's standard payment terms are less than one year, the Company has elected the practical expedient under ASC 606-10-32-18 to not assess whether a contract has a significant financing component. The Company allocates the transaction price to each distinct product based on its relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer (i.e., when the Company's performance obligation is satisfied), which typically occurs at shipment but which can occur over time for certain of the Company's systems contracts.
The Company often receives orders with multiple delivery dates that may extend across several reporting periods. The Company allocates the transaction price of the contract to each delivery based on the product standalone selling price. The Company invoices for each scheduled delivery upon shipment and recognizes revenues for such delivery at that point, assuming transfer of control has occurred. As scheduled delivery dates are generally within one year, under the optional exemption provided by ASC 606-10-50-14 revenues allocated to future shipments of partially completed contracts are not disclosed.
Rights of return are not generally included in customer contracts. Accordingly, upon application of steps one through five above, product revenue is recognized upon shipment and transfer of control. Returns are infrequent and are recorded as a reduction of revenue.
In certain subsidiaries the Company provides sales commissions to sales representatives based on sales volume. The Company has determined that the incentive portion of its sales commissions qualify as contract costs. The Company has elected the practical expedient in ASC 340-40-25-4 to expense sales commissions when incurred as the amortization period of the asset that would otherwise have been recognized is one year or less.
Revenue Recognition at a Point in Time — Revenues recognized at a point in time consist primarily of product, installation and service sales. The Company sells products to original equipment manufacturers ("OEMs") that supply materials processing laser systems, communications systems, medical laser systems and other laser systems for advanced applications to end users. The Company also sells products to end users that use IPG products directly to build their own systems, which incorporate or use IPG products as an energy or light source. The Company recognizes revenue for laser and spare part sales following the transfer of control of such products to the customer, which typically occurs upon shipment or delivery depending on the terms of the underlying contracts. Installation revenue is recognized upon completion of the installation service, which typically occurs within 90 days of delivery. For laser systems that carry customer specific processing requirements, revenue is recognized at the latter of customer acceptance date or shipment date if the customer acceptance is made prior to shipment. When sales contracts contain multiple performance obligations, such as the shipment or delivery of products and installation, the Company allocates the transaction price to each performance obligation identified in the contract based on relative standalone selling prices and recognizes the related revenue as control of each individual product or service is transferred to the customer, in satisfaction of the corresponding performance obligations.
Revenue Recognition over Time — Warranties are limited and provide that the product meets specifications and is free from defects in materials and workmanship. The Company also offers extended warranty agreements, which extend the standard warranty periods. Extended warranties are sold separately from products and represent a distinct performance obligation. Revenue related to the performance obligation for extended warranties is recognized over time as the customer simultaneously receives and consumes the benefits provided by the Company. The customer receives the assurance that the product will operate in accordance with agreed-upon specifications evenly during the extended warranty period regardless of whether they make a claim during that period, and therefore, revenue at time of sale is deferred and recognized over the time period of the extended warranty period.
With the acquisition of Genesis Systems Group, LLC in December 2018, the Company enters into contracts to sell customized robotic systems, for which revenue is generally recognized over time, depending on the terms of the contract. Recognizing revenue over time for these contracts is based on the Company’s judgment that the customized robotic system does not have an alternative use and the Company has an enforceable right to payment for performance completed to date.
The determination of the revenue to be recognized in a given period for performance obligations over time is based on the input method. The Company generally uses the total cost-to-cost input method of progress because it best depicts the transfer of control to the customer that occurs as costs are incurred. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to date to the total estimated costs at completion of the performance obligation.
Customer Deposits and Deferred Revenue — When the Company receives consideration from a customer or such consideration is unconditionally due prior to transferring goods or services under the terms of a sales contract, the Company
records customer deposits or deferred revenue, which represent contract liabilities. The Company recognizes deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria are met.
Warranties Warranties — The Company typically provides one to five-year warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas. The Company estimates the warranty accrual considering past claims experience, the number of units still covered by warranty and the average life of the remaining warranty period. The warranty accrual has generally been sufficient to cover product warranty repair and replacement costs.
Stock-Based Compensation Stock-Based Compensation — The Company accounts for stock-based compensation expense using the fair value of the awards granted. The Company estimates the fair value of stock options granted using the Black-Scholes model, it values restricted stock units ("RSUs") and certain performance stock units with operating cash flow targets ("OCF PSUs") using the intrinsic value method, and it uses a Monte Carlo simulation model to estimate the fair value of certain performance stock units with total stockholder return targets ("TSR PSUs"). The Company accounts for forfeitures as they occur. The Company amortizes the fair value of stock options and other equity awards on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods. Stock options and RSUs generally vest annually on the anniversary of the grant date over a four-year period. TSR PSUs and OCF PSUs cliff-vest on March 1st following the third anniversary of the grant date based upon achievement of performance targets established at grant. The description of the Company's stock-based compensation plans and the assumptions it uses to calculate the fair value of stock-based compensation is more fully described in Note 15, "Stock-based Compensation."
Advertising Expenses Advertising Expense — The cost of advertising is expensed as incurred. The Company conducts substantially all of its sales and marketing efforts through trade shows, professional and technical conferences, direct sales and the Company's website. The Company's advertising costs were not material for the periods presented.
Research and Development Research and Development — Research and development costs are expensed as incurred.
Restructuring Restructuring — The Company records charges associated with approved restructuring plans to reorganize operations, to remove redundant headcount and infrastructure associated with business acquisitions or to improve the efficiency of business processes. Restructuring charges can include severance costs to eliminate a specific number of positions, infrastructure charges to vacate facilities and consolidate operations and contract cancellation costs. The Company records restructuring charges when they are probable and estimable. The Company accrues for severance and other employee separation costs under these plans when the employees accept the offer and the amount can be reasonably estimated.
Income Taxes
Income Taxes — Deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts and tax basis of assets and liabilities and net operating loss and credit carryforwards using enacted rates in effect when those differences are expected to reverse. Valuation allowances are provided against deferred tax assets that are not deemed to be recoverable. The Company recognizes tax positions that are more likely than not to be sustained upon examination by relevant tax authorities. The tax positions are measured at the greatest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement.
The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. The reserves are based on a determination of whether and how much of a tax benefit taken in its tax filings or positions is more likely than not to be realized following resolution of uncertainties related to the tax benefit, assuming that the matter in question will be raised by the tax authorities.
Concentration of Credit Risk Concentration of Credit Risk — Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, short-term investments and accounts receivable. The Company maintains substantially all of its cash and cash equivalents, short-term investments and marketable securities in various financial institutions, which it believes to be high-credit quality financial institutions. The Company grants credit to customers in the ordinary course of business and provides a reserve for potential credit losses. Such losses historically have been within management's expectations.
Comprehensive Income Comprehensive Income — Comprehensive income includes charges and credits to equity that are not the result of transactions with stockholders. Included within comprehensive income is the cumulative foreign currency translation adjustment, change in carrying value of auction rate securities, unrealized gains or losses on derivatives and unrealized gains or losses on available-for-sale investments. These adjustments are accumulated within the consolidated statements of comprehensive income.
Derivative Instruments Derivative Instruments — The Company's primary market exposures are to interest rates and foreign exchange rates. The Company from time to time may use certain derivative financial instruments to help manage these exposures. The Company executes these instruments with financial institutions it judges to be credit-worthy. The Company does not hold or issue derivative financial instruments for trading or speculative purposes. The Company recognizes all derivative financial instruments as either assets or liabilities at fair value in the consolidated balance sheets.
Business Segment Information Business Segment Information — The Company operates in one segment which involves the design, development, production and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The Company has a single, company-wide management team that administers all properties as a whole rather than as discrete operating segments. The chief operating decision maker, who is the Company's chief executive officer, measures financial performance as a single enterprise, and not on geography, legal entity, or end market basis. Throughout the year, the chief operating decision maker allocates capital resources on a project-by-project basis across the Company's entire asset base to maximize profitability without regard to geography, legal entity, or end market basis. The Company operates in a number of countries throughout the world in a variety of product lines. Information regarding product lines and geographic financial information is provided in Note 2, "Revenue from Contracts with Customers" and Note 8, "Property, Plant and Equipment."
Earnings Per Share Earnings Per Share — Basic net income per share is computed by dividing net income attributable to shareholders of the Company by the weighted-average number of common shares outstanding during the reporting period. Diluted net income per share is computed similarly to basic net income per share, except that it includes the potential dilution that could occur if dilutive securities were exercised. Information about potentially dilutive and antidilutive shares for the reporting period is provided in Note 18, "Net Income Attributable to IPG Photonics Corporation Per Share."
Leases Leases — The Company determines if an arrangement is a lease at inception. Operating leases are included in other assets, other current liabilities, and other long-term liabilities on the Company's consolidated balance sheets. Right of use ("ROU") assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company's leases do not provide an implicit rate, IPG uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The ROU assets also include any lease payments made and initial direct costs incurred and exclude lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component.
Recent Accounting Pronouncements
Recent Accounting Pronouncements
Adopted Pronouncements — In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, "Measurement of Credit Losses on Financial Instruments" ("ASU 2016-13"), which adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance for its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. The ASU is also intended to reduce the complexity by decreasing the number of credit impairment models that entities use to account for debt instruments. The Company adopted ASU 2016-03, along with its subsequent clarifications, as of January 1, 2020. The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:
Balance atAdoption ofBalance at
December 31, 2019ASU 2016-13January 1, 2020
Balance Sheet
Accounts receivable, net$238,479 $(148)$238,331 
Deferred income taxes, net31,395 33 31,428 
Retained earnings2,028,734 (115)2,028,619 

In February 2016, the Financial Accounting Standards Board (“FASB”) issued a new standard related to leases to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. The Company adopted ASC 842, as of January 1, 2019, using the modified retrospective approach as of the date of adoption. Under this approach, comparative periods have not been restated. In addition, IPG elected the package of three practical expedients permitted under the transition guidance within the new standard, which among other things, allowed for the carry forward of the historical lease classification.

Subsequent Events — The Company has considered the impact of subsequent events through the filing date of these financial statements. There were no events through the filing date of these financial statements required to be disclosed.
XML 43 R29.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Restricted Cash
The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:
Balance atBalance at
December 31, 2020December 31, 2019
Cash and cash equivalents$876,231 $680,070 
Restricted cash included in prepaid expenses and other current assets2,322 — 
Restricted cash included in other assets— 2,914 
Cash, cash equivalents and restricted cash$878,553 $682,984 
Schedule of Cash and Cash Equivalents
The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:
Balance atBalance at
December 31, 2020December 31, 2019
Cash and cash equivalents$876,231 $680,070 
Restricted cash included in prepaid expenses and other current assets2,322 — 
Restricted cash included in other assets— 2,914 
Cash, cash equivalents and restricted cash$878,553 $682,984 
Schedule Of Allowance For Doubtful Accounts
Activity related to the allowance for doubtful accounts was as follows:
202020192018
Balance at January 1$2,547 $1,731 $2,198 
Provision for bad debts, net of recoveries(156)677 14 
Uncollectable accounts written off(114)(111)(198)
Foreign currency translation(121)102 (283)
Balance at December 31$2,156 $2,399 $1,731 
Property, Plant and Equipment The following table presents the assigned economic useful lives of property, plant and equipment:
Category  
Economic Useful Life
Buildings  
20-30 years
Machinery and equipment  
5-7 years
Office furniture and fixtures  
5-7 years
Schedule of Accumulated Other Comprehensive Income (Loss)
Total components of accumulated other comprehensive loss were as follows:
December 31,
20202019
Foreign currency translation adjustments$(145,603)$(147,161)
Unrealized gain on auction rate securities— 232 
Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively
(462)10 
Accumulated other comprehensive loss$(146,065)$(146,919)
Cumulative Effect of Change to Balance Sheet The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:
Balance atAdoption ofBalance at
December 31, 2019ASU 2016-13January 1, 2020
Balance Sheet
Accounts receivable, net$238,479 $(148)$238,331 
Deferred income taxes, net31,395 33 31,428 
Retained earnings2,028,734 (115)2,028,619 
XML 44 R30.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Tables)
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue The following tables represent a disaggregation of revenue from contracts with customers for the years ended December 31, 2020, 2019 and 2018:
Year Ended December 31,
202020192018
Sales by Application
Materials processing$1,082,478 $1,229,211 $1,374,448 
Other applications118,246 85,370 85,426 
Total$1,200,724 $1,314,581 $1,459,874 
Year Ended December 31,
202020192018
Sales by Product
High Power Continuous Wave ("CW") Lasers$646,062 $734,745 $909,726 
Medium Power CW Lasers50,796 56,625 95,764 
Pulsed Lasers158,448 137,675 162,048 
Quasi-Continuous Wave ("QCW") Lasers50,333 56,440 66,700 
Laser and Non-Laser Systems93,727 141,647 59,330 
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue201,358 187,449 166,306 
Total$1,200,724 $1,314,581 $1,459,874 

Sales by Geography
North America$246,189 $280,886 $202,743 
Europe:
Germany65,646 81,365 111,259 
Other including Eastern Europe/CIS219,540 249,871 296,917 
Asia and Australia:
China502,278 491,890 629,079 
Japan53,180 71,757 87,619 
Other103,785 121,586 127,251 
Rest of World10,106 17,226 5,006 
Total$1,200,724 $1,314,581 $1,459,874 

Timing of Revenue Recognition
Goods and services transferred at a point in time$1,144,237 $1,233,065 $1,447,343 
Goods and services transferred over time56,487 81,516 12,531 
Total$1,200,724 $1,314,581 $1,459,874 
Changes in Contract Assets and Liabilities
The following table reflects the changes in the Company's contract assets and liabilities for the years ended December 31, 2020 and 2019:
December 31,January 1,December 31,January 1,
20202020Change20192019Change
Contract assets
Contract assets$8,999 $9,645 $(646)$9,645 $10,102 $(457)
Contract liabilities
Contract liabilities - current71,246 59,531 11,715 59,531 52,606 6,925 
Contract liabilities - long-term2,189 1,820 369 1,820 1,413 407 
Schedule of Remaining Performance Obligations The following table represents the Company's remaining performance obligations from contracts that are recognized over time as of December 31, 2020:
Remaining Performance Obligations
20212022202320242025ThereafterTotal
Revenue expected to be recognized for extended warranty agreements$3,795 $996 $675 $381 $113 $11 $5,971 
Revenue to be earned over time from contracts to sell robotic systems17,513 1,336 — — — — 18,849 
Total$21,308 $2,332 $675 $381 $113 $11 $24,820 
XML 45 R31.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value
The following table presents fair value information related to the Company's assets and liabilities measured at amortized cost on the consolidated balance sheets with the exception of the interest rate swap, which is measured at fair value:
 Fair Value Measurements at December 31, 2020
 TotalLevel 1Level 2Level 3
Assets
Cash equivalents:
Money market fund deposits and term deposits$218,984 $218,984 $— $— 
U.S. Treasury and agency obligations6,999 — 6,999 — 
Commercial paper162,749 — 162,749 — 
Corporate bonds29,010 — 29,010 — 
Short-term investments:
U.S. Treasury and agency obligations49,996 — 49,996 — 
Municipal bonds7,997 — 7,997 — 
Corporate bonds88,171 — 88,171 — 
Commercial paper368,665 — 368,665 — 
Total assets$932,571 $218,984 $713,587 $— 
Liabilities
Long-term notes$38,402 $— $38,402 $— 
Contingent purchase consideration1,963 — — 1,963 
Interest rate swap603 — 603 — 
Total liabilities$40,968 $— $39,005 $1,963 

  Fair Value Measurements at December 31, 2019
 TotalLevel 1Level 2Level 3
Assets
Cash equivalents:
Money market fund deposits and term deposits
$155,080 $155,080 $— $— 
Commercial paper
54,712 — 54,712 — 
Short-term investments:
Corporate bonds
259,422 259,422 — — 
Commercial paper
236,752 — 236,752 — 
Certificate of deposit6,501 6,501 — — 
Long-term investments and other assets:
Auction rate securities
592 — — 592 
Interest rate swap
13 — 13 — 
Total assets
$713,072 $421,003 $291,477 $592 
Liabilities
Long-term notes
$42,004 $— $42,004 $— 
Contingent purchase consideration
273 — — 273 
Total liabilities
$42,277 $— $42,004 $273 
Maturities of Debt Securities
The following table presents the effective maturity dates of debt investments, which are held-to-maturity:
December 31, 2020December 31, 2019
Book ValueFair ValueBook ValueFair Value
Investment maturity
Less than 1 year$514,835 $514,829 $502,546 $502,675 
Fair Value, Assets Measured on Recurring Basis
The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:
202020192018
Auction rate securities
Balance, January 1$592 $847 $1,016 
Redemptions(596)(264)(207)
Change in fair value4 9 38 
Balance, December 31$— $592 $847 
Contingent purchase consideration
Balance, January 1$273 $898 $902 
Period transactions1,963 — — 
Cash payments(272)(632)— 
Change in fair value— (29)48 
Foreign exchange adjustment(1)36 (52)
Balance, December 31$1,963 $273 $898 
Fair Value, Liabilities Measured on Recurring Basis
The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:
202020192018
Auction rate securities
Balance, January 1$592 $847 $1,016 
Redemptions(596)(264)(207)
Change in fair value4 9 38 
Balance, December 31$— $592 $847 
Contingent purchase consideration
Balance, January 1$273 $898 $902 
Period transactions1,963 — — 
Cash payments(272)(632)— 
Change in fair value— (29)48 
Foreign exchange adjustment(1)36 (52)
Balance, December 31$1,963 $273 $898 
XML 46 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Inventories (Tables)
 12 Months Ended
Dec. 31, 2020
Inventory Disclosure [Abstract]  
Components of Inventories
Inventories consist of the following:
December 31,
 20202019
Components and raw materials$190,775 $200,390 
Work-in-process47,251 49,620 
Finished goods126,967 130,780 
Total
$364,993 $380,790 
XML 47 R33.htm IDEA: XBRL DOCUMENT v3.20.4
Business Combinations (Tables)
 12 Months Ended
Dec. 31, 2020
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the allocation of the assets acquired and liabilities assumed at the acquisition dates for the year ended December 31, 2018:
Genesis SystemsRCTotal
Cash and cash equivalents $2,847 $30 $2,877 
Assets acquired excluding cash and cash equivalents and deferred tax assets39,262 2,151 41,413 
Liabilities assumed excluding deferred tax liabilities(23,506)(1,932)(25,438)
Deferred tax liabilities, net— (573)(573)
Intangible assets43,700 705 44,405 
Total identifiable net assets
62,303 381 62,684 
Goodwill45,684 4,072 49,756 
Total purchase price
$107,987 $4,453 $112,440 
XML 48 R34.htm IDEA: XBRL DOCUMENT v3.20.4
Restructuring (Tables)
 12 Months Ended
Dec. 31, 2020
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Accrual
Activity related to the restructuring accrual was as follows:
Severance and Employee Benefit CostsContract CancellationsTotal
Balance at January 1, 2019$— $— $— 
Charges1,466 314 1,780 
Cash payments(1,317)(275)(1,592)
Balance at December 31, 2019149 39 188 
Charges417 89 506 
Cash payments(560)(128)(688)
Foreign exchange adjustment(6)— (6)
Balance at December 31, 2020$— $— $— 
XML 49 R35.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill And Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table sets forth the changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019:
 20202019
Balance at January 1$82,092 $100,722 
Adjustments to goodwill during the measurement period— 448 
Goodwill arising from business combinations3,211 19,076 
Impairment losses(44,589)(37,120)
Foreign exchange adjustment 652 (1,034)
Balance at December 31$41,366 $82,092 
Schedule of Intangible Assets
Intangible assets, subject to amortization, consisted of the following: 
 December 31, 2020December 31, 2019
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Weighted- Average Lives
Gross Carrying Amount
Accumulated Amortization
Net Carrying Amount
Weighted- Average Lives
Customer relationships$58,041 $(17,674)$40,367 11 years$57,866 $(11,993)$45,873 11 years
Technology, trademark and trade name40,518 (20,949)19,569 7 years41,297 (16,128)25,169 7 years
Production know-how9,325 (8,167)1,158 7 years9,180 (7,415)1,765 7 years
Patents8,036 (7,016)1,020 8 years8,036 (6,572)1,464 8 years
Total
$115,920 $(53,806)$62,114 $116,379 $(42,108)$74,271 
Estimated Future Amortization For Intangibles
The estimated future amortization expense for intangibles as of December 31, 2020 is as follows:
20212022202320242025ThereafterTotal
$11,591 $10,761 $9,861 $7,522 $6,311 $16,068 $62,114 
XML 50 R36.htm IDEA: XBRL DOCUMENT v3.20.4
Property, Plant And Equipment (Tables)
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Components Of Property Plant And Equipment
Property, plant and equipment consist of the following: 
 December 31,
 20202019
Land$51,454 $45,676 
Buildings412,725 400,617 
Machinery and equipment473,420 449,783 
Office furniture and fixtures77,196 70,001 
Construction-in-progress70,341 44,201 
Total property, plant and equipment1,085,136 1,010,278 
Accumulated depreciation(487,609)(409,426)
Total property, plant and equipment — net$597,527 $600,852 
Schedule of Long-Lived Assets
Long-lived assets include property, plant and equipment, related deposits on such assets and demonstration equipment. The geographic locations of the Company's long-lived assets, net, based on physical location of the assets, as of December 31, 2020 and 2019 are as follows:
 December 31,
 20202019
United States$362,395 $366,059 
Germany86,980 86,881 
Russia66,924 84,471 
Belarus38,304 28,361 
China8,175 8,933 
Other49,170 43,255 
Total$611,948 $617,960 
XML 51 R37.htm IDEA: XBRL DOCUMENT v3.20.4
Accrued Expenses And Other Liabilities (Tables)
 12 Months Ended
Dec. 31, 2020
Payables and Accruals [Abstract]  
Schedule of Accrued Liabilities
Accrued expenses and other liabilities consist of the following:
December 31,
 20202019
Contract liabilities$71,246 $59,531 
Accrued compensation62,785 48,881 
Current portion of accrued warranty24,345 23,114 
Short-term lease liabilities5,778 5,300 
Other12,586 12,956 
Total$176,740 $149,782 
XML 52 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Product Warranties (Tables)
 12 Months Ended
Dec. 31, 2020
Product Warranties Disclosures [Abstract]  
Schedule of Product Warranty Liability
Activity related to the warranty accrual was as follows:
202020192018
Balance at January 1$48,866 $51,422 $47,517 
Provision for warranty accrual24,555 22,613 24,948 
Warranty claims(30,002)(24,826)(18,922)
Foreign currency translation and other2,250 (343)(2,121)
Balance at December 31$45,669 $48,866 $51,422 
XML 53 R39.htm IDEA: XBRL DOCUMENT v3.20.4
Financing Arrangements (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Financing Arrangements
The Company's borrowings under existing financing arrangements consist of the following: 
December 31,
 20202019
Total notes payable$37,967 $41,708 
Less: current portion(3,810)(3,740)
Total long-term debt$34,157 $37,968 
Schedule of Future Principal Payments
The future principal payments for the Company’s notes as of December 31, 2020 are as follows:
2021$3,810 
202218,126 
202316,031 
Total$37,967 
XML 54 R40.htm IDEA: XBRL DOCUMENT v3.20.4
Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivatives The fair value amounts in the consolidated balance sheets were:
 December 31,
 20202019
Notional amounts (1)
$18,406 $19,594 
Fair values:
Other assets— 13 
Deferred income taxes and other long-term liabilities603 — 
(1) Notional amounts represent the gross contract/notional amount of the derivative outstanding.
Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts
The derivative gains and losses in the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018, related to the Company's current and previous interest rate swap contracts were as follows:
 Year Ended December 31,
 202020192018
Effective portion recognized in other comprehensive income (loss), pretax:
Interest rate swap$(616)$(18)$15 
XML 55 R41.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Summary of Lease Assets and Liabilities
The Company's operating lease assets and lease liabilities consist of the following as of December 31, 2020 and 2019:
Year Ended December 31,
AccountClassification20202019
Right-of-use assetsOther assets$21,720 $23,028 
Short-term lease liabilitiesAccrued expenses and other liabilities5,778 5,300 
Long-term lease liabilitiesDeferred income taxes and other long-term liabilities18,448 20,410 
Total lease liabilities$24,226 $25,710 
Schedule of Operating Lease Maturities
The table below presents the maturities of operating lease liabilities as of December 31, 2020:
2021$6,452 
20224,854 
20233,573 
20242,251 
20252,076 
Thereafter8,311 
Total future minimum lease payments27,517 
Less: imputed interest(3,291)
Present value of lease liabilities$24,226 
Other information relevant to the Company's operating leases consist of the following as of December 31, 2020 and 2019:
Year Ended December 31,
20202019
Weighted-average remaining lease term9 years9 years
Weighted-average discount rate3.46 %3.58 %
XML 56 R42.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Tables)
 12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation
Stock-based compensation is included in the following financial statement captions: 
 Year Ended December 31,
 202020192018
Cost of sales$10,392 $9,249 $6,535 
Sales and marketing4,395 3,815 2,550 
Research and development9,122 7,690 6,410 
General and administrative11,749 12,824 12,532 
Total stock-based compensation35,658 33,578 28,027 
Tax benefit recognized(7,498)(5,114)(6,632)
Net stock-based compensation$28,160 $28,464 $21,395 
Summary of Stock Option Valuation Assumptions The assumptions used in the Black-Scholes model for the calculation of the options were as follows for the years ended December 31:
20192018
Expected term
4.3 - 5.1 years
4.1 - 4.9 years
Volatility
37% - 38%
31% - 36%
Risk-free rate of return
1.66% - 2.55%
2.54% - 3.01%
Dividend yield0.25%0.25%
Forfeiture rate—%—%
Summary of Option Activity
The following table summarizes the option activity for the years ended December 31:
Number of Options
Weighted-Average Exercise Price
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 20181,797,493 $73.95 
Granted257,111 232.26 
Exercised(282,720)58.94 
Forfeited(24,810)131.36 
Outstanding — December 31, 20181,747,074 98.93 5.80$58,084 
Granted334,740 153.78 
Exercised(192,533)56.58 
Forfeited(46,839)149.64 
Outstanding — December 31, 20191,842,442 112.03 5.73$85,110 
Granted— 
Exercised(533,716)70.17 
Forfeited(36,103)179.85 
Outstanding — December 31, 20201,272,623 $127.74 5.47$125,550 
Unvested — December 31, 2020382,729 $171.98 7.57$21,386 
Exercisable — December 31, 2020889,894 $108.71 4.57$104,164 
Summary of Restricted Stock Unit Activity
The following table summarizes the RSUs activity for the years ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 2018378,261 $96.23 
Granted80,254 227.45 
Vested(97,997)91.62 
Canceled(9,497)121.37 
Outstanding — December 31, 2018351,021 126.93 2.62$39,767 
Granted120,090 151.94 
Vested(147,606)120.58 
Canceled(16,667)139.73 
Outstanding — December 31, 2019306,838 139.09 2.57$44,467 
Granted198,606 145.10 
Vested(168,733)115.77 
Canceled(16,025)157.36 
Outstanding — December 31, 2020320,686 $154.29 1.33$71,766 
Summary of Performance Units Fair Value Assessment
The weighted-average fair value of TSR PSUs was determined using the Monte Carlo simulation model incorporating the following weighted-average assumptions:
202020192018
Performance term3.0 years3.0 years3.0 years
Volatility
19% - 44%
18% - 40%
13% - 32%
Risk-free rate of return1.39%2.48%2.41%
Dividend yield—%—%—%
Weighted-average fair value per share$169.28$192.46$284.78
The weighted-average fair value of the OCF PSUs was determined using the Black-Scholes model incorporating the following assumptions:
2020
Performance term3.0 years
Volatility—%
Risk-free rate of return1.39%
Dividend yield0.10%
Weighted-average fair value per share$143.51
Summary of Performance Stock Unit Activity
The following table summarizes TSR PSUs activity for the years ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
   (In years)(In thousands)
Outstanding — January 1, 201875,949 $119.45 
Granted33,706 238.12 
Vested— 
Canceled— 
Outstanding — December 31, 2018109,655 146.96 1.77$12,423 
Granted34,989 190.83 
Vested(43,594)128.54 
Canceled(1,208)228.68 
Outstanding — December 31, 201999,842 162.34 1.84$14,469 
Granted18,411 170.42 
Vested(48,659)106.03 
Canceled(1,769)204.01 
Outstanding — December 31, 202067,825 $206.21 1.28$15,179 
The following table summarizes OCF PSUs activity for the year ended December 31:
Number of Shares
Weighted-Average Grant-Date Fair Value
Weighted-Average Remaining Contractual Life
Aggregate Intrinsic Value
  (In years)(In thousands)
Outstanding — January 1, 2020$— 
Granted24,817 $143.51 
Vested— 
Canceled(716)143.51 
Outstanding — December 31, 202024,101 $143.51 2.16$5,394 
XML 57 R43.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of Income before Income Tax, Domestic and Foreign
Income before the impact of income taxes for the years ended December 31 consisted of the following:
202020192018
U.S.$5,490 $59,790 $146,855 
Foreign200,202 188,586 387,540 
Total$205,692 $248,376 $534,395 
Schedule of Components of Income Tax Expense (Benefit)
The Company's provision for income taxes for the years ended December 31 consisted of the following:
202020192018
Current:
Federal$3,871 $7,127 $7,274 
State688 2,405 2,097 
Foreign53,608 74,072 125,431 
Total current58,167 83,604 134,802 
Deferred:
Federal(10,300)(4,896)2,497 
State(1,594)(1,658)8,449 
Foreign(919)(8,935)(15,522)
Total deferred(12,813)(15,489)(4,576)
Provision for income taxes$45,354 $68,115 $130,226 
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision for the years ended December 31, were as follows:
202020192018
Tax at statutory rate$43,201 $52,159 $112,223 
Non-U.S. rate differential — net10,968 14,958 26,985 
State income taxes — net697 2,362 3,367 
Stock-based compensation - tax benefit(9,664)(5,114)(13,298)
Foreign derived intangible income benefit ("FDII")— (4,763)(7,930)
Global intangible low-taxed income taxed in the U.S. ("GILTI")— 4,648 5,955 
Goodwill impairment— 10,009 — 
Effect of 2017 U.S. Tax Cuts and Jobs Act— — (4,747)
Withholding tax on intercompany dividend2,193 3,122 — 
Effect of changes in enacted tax rates on deferred tax assets and liabilities(23)(639)8,007 
Federal and state tax credits(6,762)(12,173)(11,024)
Russia investment tax credit(3,228)— — 
Change in reserves, including interest and penalties3,878 779 2,290 
Change in valuation allowance2,019 4,515 7,421 
Other — net2,075 (1,748)977 
Provision for income taxes$45,354 $68,115 $130,226 
Schedule of Deferred Tax Assets and Liabilities
The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, were as follows:
20202019
Inventory provisions$29,657 $23,611 
Allowances and accrued liabilities12,719 10,502 
Deferred compensation3,256 9,428 
Other tax credits15,571 15,001 
Net operating loss carryforwards11,594 5,748 
Property, plant and equipment(7,401)(18,607)
Withholding tax on intercompany dividend(2,774)(3,597)
Valuation allowance(22,617)(14,384)
Net deferred tax assets$40,005 $27,702 
Summary of Income Tax Contingencies The following is a tabular reconciliation of the total amounts of unrecognized tax benefits:
20202019
Balance at January 1$11,416 $11,206 
Change in prior period positions(427)(1,776)
Settlement of prior period position— (230)
Additions for tax positions in current period4,000 2,000 
Foreign exchange adjustments(283)216 
Balance at December 31$14,706 $11,416 
Summary of Income Tax Examinations Open tax years by major jurisdictions are:
United States
2017 - 2020
Germany
2017 - 2020
Russia
2016 - 2020
XML 58 R44.htm IDEA: XBRL DOCUMENT v3.20.4
Net Income Attributable To IPG Photonics Corporation Per Share (Tables)
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of diluted net income attributable to IPG Photonics Corporation per share: 
Year Ended December 31,
 202020192018
Net income attributable to IPG Photonics Corporation$159,572 $180,234 $404,027 
Net income attributable to common stockholders159,572 180,234 404,027 
Basic weighted average shares53,186 53,061 53,522 
Dilutive effect of common stock equivalents599 778 1,204 
Diluted weighted average common shares53,785 53,839 54,726 
Basic net income attributable to IPG Photonics Corporation per share$3.00 $3.40 $7.55 
Basic net income attributable to common stockholders$3.00 $3.40 $7.55 
Diluted net income attributable to IPG Photonics Corporation per share$2.97 $3.35 $7.38 
Diluted net income attributable to common stockholders$2.97 $3.35 $7.38 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The weighted average anti-dilutive shares outstanding for the years ended December 31, 2020, 2019 and 2018, respectively, were as follows:
Year Ended December 31,
202020192018
Non-qualified stock options536,500 571,000 204,300 
Restricted stock units29,100 58,700 60,500 
Performance stock units— 40,900 14,900 
Total weighed average anti-dilutive shares outstanding565,600 670,600 279,700 
XML 59 R45.htm IDEA: XBRL DOCUMENT v3.20.4
Selected Quarterly Financial Data (Tables)
 12 Months Ended
Dec. 31, 2020
Selected Quarterly Financial Information [Abstract]  
Schedule of Quarterly Financial Data
2020
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Net sales$249,242 $296,411 $318,441 $336,630 
Gross profit102,876 136,449 152,792 146,879 
Net income attributable to IPG Photonics Corporation36,403 38,226 35,604 49,339 
Net income per share, basic0.69 0.72 0.67 0.92 
Net income per share, diluted0.68 0.71 0.66 0.92 
Net income attributable to IPG Photonics Corporation as well as the basic and diluted income per share in the third quarter of the year ended December 31, 2020 were impacted by goodwill impairment discussed in Note 7.

2019
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Net sales$315,047 $363,769 $329,138 $306,627 
Gross profit148,911 180,237 152,858 124,203 
Net income (loss) attributable to IPG Photonics Corporation55,159 72,272 57,253 (4,450)
Net income (loss) per share, basic1.04 1.36 1.08 (0.08)
Net income (loss) per share, diluted1.02 1.34 1.07 (0.08)
XML 60 R46.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Schedule of Cash, Cash Equivalents and Restricted Cash) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]        
Cash and cash equivalents $ 876,231 $ 680,070    
Restricted cash included in prepaid expenses and other current assets 2,322 0    
Restricted cash included in other assets 0 2,914    
Cash, cash equivalents and restricted cash 878,553 682,984 $ 544,358 $ 909,900
Charges $ 506 $ 1,780    
XML 61 R47.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Narrative) (Details)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2020
USD ($)
customer
segment
$ / shares
customers
shares
Dec. 31, 2019
USD ($)
customer
$ / shares
shares
Dec. 31, 2018
USD ($)
customer
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Bank acceptances drafts $ 58,566 $ 16,484  
Bank acceptances, weighted-average maturity period 130 days    
Charges $ 506 1,780  
Long-lived assets $ 611,948 $ 617,960  
Common stock, shares authorized (in shares) | shares 175,000,000 175,000,000  
Common stock, par value (in dollars per share) | $ / shares $ 0.0001 $ 0.0001  
Preferred stock, shares authorized (in shares) | shares 5,000,000    
Preferred stock, par value (in dollars per share) | $ / shares $ 0.0001    
Preferred stock, shares outstanding (in shares) | shares 0    
Number of customers | customer 1 1 1
Number of largest customers | customers 5    
Net sales by major customers, percentage 24.00% 21.00% 26.00%
Number of operating segments | segment 1    
Non-cash asset related costs | Other Restructuring Plans      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Charges $ 671 $ 2,498 $ 0
Restricted Stock Units (RSUs)      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Vesting period 4 years    
Stock option      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Vesting period 4 years    
Minimum      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Period for installation completion 1 year    
Standard product warranty coverage period 1 year    
Vesting period 1 year    
Maximum      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Period for installation completion 90 days    
Standard product warranty coverage period 5 years    
Vesting period 4 years    
Intangible Assets | Minimum      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Intangible asset, useful life 1 year    
Intangible Assets | Maximum      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Intangible asset, useful life 13 years    
Demonstration Equipment      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Property, plant and equipment useful life 3 years    
Long-lived assets $ 6,506 7,591  
Amortization $ 4,166 $ 4,364 $ 3,870
Sales      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Percentage of net sales 8.00% 9.00% 12.00%
Accounts Receivable      
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]      
Percentage of net sales 21.00% 24.00%  
XML 62 R48.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Allowance For Doubtful Accounts) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Allowance for Doubtful Accounts Receivable [Roll Forward]      
Balance at January 1 $ 2,399 $ 1,731 $ 2,198
Balance at January 1 2,547    
Provision for bad debts, net of recoveries (156) 677 14
Uncollectable accounts written off (114) (111) (198)
Foreign currency translation (121) 102 (283)
Balance at December 31 $ 2,156 $ 2,399 $ 1,731
XML 63 R49.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Economic Useful Lives Of Property, Plant And Equipment) (Details)
 12 Months Ended
Dec. 31, 2020
Buildings | Minimum  
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment useful life 20 years
Buildings | Maximum  
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment useful life 30 years
Machinery and equipment | Minimum  
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment useful life 5 years
Machinery and equipment | Maximum  
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment useful life 7 years
Office furniture and fixtures | Minimum  
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment useful life 5 years
Office furniture and fixtures | Maximum  
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]  
Property, plant and equipment useful life 7 years
XML 64 R50.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Components Of Accumulated Other Comprehensive Loss) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]        
Accumulated other comprehensive loss $ 2,594,111 $ 2,402,443 $ 2,206,235 $ 2,022,322
Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from cash flow hedges, effect, tax (141) 3    
Foreign currency translation adjustments        
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]        
Accumulated other comprehensive loss (145,603) (147,161)    
Unrealized gain on auction rate securities | Auction Rate Securities        
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]        
Accumulated other comprehensive loss 0 232    
Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively        
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]        
Accumulated other comprehensive loss (462) 10    
Accumulated Other Comprehensive (Loss) Income        
Nature Of Business And Summary Of Significant Accounting Policies [Line Items]        
Accumulated other comprehensive loss $ (146,065) $ (146,919) $ (162,896) $ (77,344)
XML 65 R51.htm IDEA: XBRL DOCUMENT v3.20.4
Nature Of Business And Summary Of Significant Accounting Policies (Cumulative Effect of Change to Balance Sheet) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Accounts receivable, net $ 264,321 $ 238,479
Deferred income taxes, net 43,197 31,395
Retained earnings $ 2,188,191 2,028,734
Cumulative Effect, Period of Adoption, Adjusted Balance    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Accounts receivable, net   238,331
Deferred income taxes, net   31,428
Retained earnings   2,028,619
ASU 2016-13 | Cumulative Effect, Period of Adoption, Adjustment    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Accounts receivable, net   (148)
Deferred income taxes, net   33
Retained earnings   $ (115)
XML 66 R52.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Disaggregation of Revenue, By Application) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]                      
Total $ 336,630 $ 318,441 $ 296,411 $ 249,242 $ 306,627 $ 329,138 $ 363,769 $ 315,047 $ 1,200,724 $ 1,314,581 $ 1,459,874
Materials processing                      
Disaggregation of Revenue [Line Items]                      
Total                 1,082,478 1,229,211 1,374,448
Other applications                      
Disaggregation of Revenue [Line Items]                      
Total                 $ 118,246 $ 85,370 $ 85,426
XML 67 R53.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Disaggregation of Revenue, By Product) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]                      
Total $ 336,630 $ 318,441 $ 296,411 $ 249,242 $ 306,627 $ 329,138 $ 363,769 $ 315,047 $ 1,200,724 $ 1,314,581 $ 1,459,874
High Power Continuous Wave ("CW") Lasers                      
Disaggregation of Revenue [Line Items]                      
Total                 646,062 734,745 909,726
Medium Power CW Lasers                      
Disaggregation of Revenue [Line Items]                      
Total                 50,796 56,625 95,764
Pulsed Lasers                      
Disaggregation of Revenue [Line Items]                      
Total                 158,448 137,675 162,048
Quasi-Continuous Wave ("QCW") Lasers                      
Disaggregation of Revenue [Line Items]                      
Total                 50,333 56,440 66,700
Laser and Non-Laser Systems                      
Disaggregation of Revenue [Line Items]                      
Total                 93,727 141,647 59,330
Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue                      
Disaggregation of Revenue [Line Items]                      
Total                 $ 201,358 $ 187,449 $ 166,306
XML 68 R54.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Disaggregation of Revenue, By Geography) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]                      
Total $ 336,630 $ 318,441 $ 296,411 $ 249,242 $ 306,627 $ 329,138 $ 363,769 $ 315,047 $ 1,200,724 $ 1,314,581 $ 1,459,874
North America                      
Disaggregation of Revenue [Line Items]                      
Total                 246,189 280,886 202,743
Germany                      
Disaggregation of Revenue [Line Items]                      
Total                 65,646 81,365 111,259
Other including Eastern Europe/CIS                      
Disaggregation of Revenue [Line Items]                      
Total                 219,540 249,871 296,917
China                      
Disaggregation of Revenue [Line Items]                      
Total                 502,278 491,890 629,079
Japan                      
Disaggregation of Revenue [Line Items]                      
Total                 53,180 71,757 87,619
Other                      
Disaggregation of Revenue [Line Items]                      
Total                 103,785 121,586 127,251
Rest of World                      
Disaggregation of Revenue [Line Items]                      
Total                 $ 10,106 $ 17,226 $ 5,006
XML 69 R55.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Disaggregation of Revenue, By Timing) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Disaggregation of Revenue [Line Items]                      
Total $ 336,630 $ 318,441 $ 296,411 $ 249,242 $ 306,627 $ 329,138 $ 363,769 $ 315,047 $ 1,200,724 $ 1,314,581 $ 1,459,874
Goods and services transferred at a point in time                      
Disaggregation of Revenue [Line Items]                      
Total                 1,144,237 1,233,065 1,447,343
Goods and services transferred over time                      
Disaggregation of Revenue [Line Items]                      
Total                 $ 56,487 $ 81,516 $ 12,531
XML 70 R56.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Narrative) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Disaggregation of Revenue [Line Items]    
Revenue recognized that was included in the contract liability balance at the beginning of the period $ 48,738 $ 45,223
Minimum    
Disaggregation of Revenue [Line Items]    
Period for installation completion 1 year  
XML 71 R57.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customer (Changes in Contract Assets and Contract Liabilities) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Contract assets      
Contract assets $ 8,999 $ 9,645 $ 10,102
Contract assets, change (646) (457)  
Contract liabilities      
Contract liabilities - current 71,246 59,531 52,606
Contract liabilities - current, change 11,715 6,925  
Contract liabilities - long-term 2,189 1,820 $ 1,413
Contract liabilities - long-term, change $ 369 $ 407  
XML 72 R58.htm IDEA: XBRL DOCUMENT v3.20.4
Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details)
$ in Thousands
Dec. 31, 2020
USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 24,820
Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 5,971
Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 18,849
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations 21,308
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01 | Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 3,795
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01 | Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 17,513
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 2,332
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01 | Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 996
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01 | Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 1,336
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 675
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 675
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01 | Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 0
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 381
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 381
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01 | Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 0
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 113
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 113
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01 | Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 0
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 11
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Revenue expected to be recognized for extended warranty agreements  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 11
Remaining performance obligations, expected timing 1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01 | Revenue to be earned over time from contracts to sell robotic systems  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Remaining performance obligations $ 0
Remaining performance obligations, expected timing 1 year
XML 73 R59.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value Measurements (Assets and Liabilities Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Total assets $ 932,571 $ 713,072
Liabilities    
Long-term notes 38,402 42,004
Contingent purchase consideration 1,963 273
Interest rate swap 603  
Total liabilities 40,968 42,277
Money market fund deposits and term deposits    
Assets    
Cash equivalents 218,984 155,080
U.S. Treasury and agency obligations    
Assets    
Cash equivalents 6,999  
Short-term investments 49,996  
Commercial paper    
Assets    
Cash equivalents 162,749 54,712
Municipal Bonds    
Assets    
Short-term investments 7,997  
Corporate bonds    
Assets    
Cash equivalents 29,010  
Short-term investments 88,171 259,422
Commercial paper    
Assets    
Short-term investments 368,665 236,752
Certificate of deposit    
Assets    
Short-term investments   6,501
Auction rate securities    
Assets    
Long-term investments and other assets   592
Interest rate swap    
Assets    
Long-term investments and other assets   13
Level 1    
Assets    
Total assets 218,984 421,003
Liabilities    
Long-term notes 0 0
Contingent purchase consideration 0 0
Interest rate swap 0  
Total liabilities 0 0
Level 1 | Money market fund deposits and term deposits    
Assets    
Cash equivalents 218,984 155,080
Level 1 | U.S. Treasury and agency obligations    
Assets    
Cash equivalents 0  
Short-term investments 0  
Level 1 | Commercial paper    
Assets    
Cash equivalents 0 0
Level 1 | Municipal Bonds    
Assets    
Short-term investments 0  
Level 1 | Corporate bonds    
Assets    
Cash equivalents 0  
Short-term investments 0 259,422
Level 1 | Commercial paper    
Assets    
Short-term investments 0 0
Level 1 | Certificate of deposit    
Assets    
Short-term investments   6,501
Level 1 | Auction rate securities    
Assets    
Long-term investments and other assets   0
Level 1 | Interest rate swap    
Assets    
Long-term investments and other assets   0
Level 2    
Assets    
Total assets 713,587 291,477
Liabilities    
Long-term notes 38,402 42,004
Contingent purchase consideration 0 0
Interest rate swap 603  
Total liabilities 39,005 42,004
Level 2 | Money market fund deposits and term deposits    
Assets    
Cash equivalents 0 0
Level 2 | U.S. Treasury and agency obligations    
Assets    
Cash equivalents 6,999  
Short-term investments 49,996  
Level 2 | Commercial paper    
Assets    
Cash equivalents 162,749 54,712
Level 2 | Municipal Bonds    
Assets    
Short-term investments 7,997  
Level 2 | Corporate bonds    
Assets    
Cash equivalents 29,010  
Short-term investments 88,171 0
Level 2 | Commercial paper    
Assets    
Short-term investments 368,665 236,752
Level 2 | Certificate of deposit    
Assets    
Short-term investments   0
Level 2 | Auction rate securities    
Assets    
Long-term investments and other assets   0
Level 2 | Interest rate swap    
Assets    
Long-term investments and other assets   13
Level 3    
Assets    
Total assets 0 592
Liabilities    
Long-term notes 0 0
Contingent purchase consideration 1,963 273
Interest rate swap 0  
Total liabilities 1,963 273
Level 3 | Money market fund deposits and term deposits    
Assets    
Cash equivalents 0 0
Level 3 | U.S. Treasury and agency obligations    
Assets    
Cash equivalents 0  
Short-term investments 0  
Level 3 | Commercial paper    
Assets    
Cash equivalents 0 0
Level 3 | Municipal Bonds    
Assets    
Short-term investments 0  
Level 3 | Corporate bonds    
Assets    
Cash equivalents 0  
Short-term investments 0 0
Level 3 | Commercial paper    
Assets    
Short-term investments $ 0 0
Level 3 | Certificate of deposit    
Assets    
Short-term investments   0
Level 3 | Auction rate securities    
Assets    
Long-term investments and other assets   592
Level 3 | Interest rate swap    
Assets    
Long-term investments and other assets   $ 0
XML 74 R60.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value Measurements (Narrative) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Held-to-maturity impairment $ 0 $ 0  
Long-term notes 38,402,000 42,004,000  
Long-term debt 37,967,000 41,708,000  
Adjustment for net gain realized and included in net income 232,000 $ 0 $ 0
AOCI Attributable to Parent      
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]      
Adjustment for net gain realized and included in net income $ 232,000    
XML 75 R61.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value Measurements (Fair Value of Auction Rate Securities and Contingent Purchase Consideration (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Auction rate securities      
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, January 1 $ 592 $ 847 $ 1,016
Redemptions (596) (264) (207)
Change in fair value 4 9 38
Balance, December 31 0 592 847
Contingent purchase consideration      
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]      
Balance, January 1 273 898 902
Period transactions 1,963 0 0
Cash payments (272) (632) 0
Change in fair value 0 (29) 48
Foreign exchange adjustment (1) 36 (52)
Balance, December 31 $ 1,963 $ 273 $ 898
XML 76 R62.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value Measurements (Schedule of Effective Maturity Dates of Held To Maturity Investments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]    
Held-to-maturity Debt Maturities, Less than 1 year, Book Value $ 514,835 $ 502,546
Held-to-maturity Debt Maturities, Less than 1 year, Fair Value $ 514,829 $ 502,675
XML 77 R63.htm IDEA: XBRL DOCUMENT v3.20.4
Inventories (Components Of Inventories) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Inventory Disclosure [Abstract]    
Components and raw materials $ 190,775 $ 200,390
Work-in-process 47,251 49,620
Finished goods 126,967 130,780
Total $ 364,993 $ 380,790
XML 78 R64.htm IDEA: XBRL DOCUMENT v3.20.4
Inventories (Narrative) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Inventory Disclosure [Abstract]      
Inventory provisions $ 45,375 $ 38,902 $ 12,981
XML 79 R65.htm IDEA: XBRL DOCUMENT v3.20.4
Business Combinations (Narrative) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Acquired Finite-Lived Intangible Assets [Line Items]              
Goodwill acquired         $ 3,211 $ 19,076  
Restricted cash included in prepaid expenses and other current assets $ 2,322       2,322 0  
Restricted cash included in other assets 0       0 2,914  
Goodwill 41,366   $ 100,722   $ 41,366 $ 82,092 $ 100,722
PiTec              
Acquired Finite-Lived Intangible Assets [Line Items]              
Consideration transferred 2,717            
Payments to Acquire Businesses, Gross $ 906            
Closing costs earn out, term 3 years            
Goodwill acquired $ 3,211            
SND              
Acquired Finite-Lived Intangible Assets [Line Items]              
Consideration transferred   $ 19,560          
Genesis Systems              
Acquired Finite-Lived Intangible Assets [Line Items]              
Ownership percentage acquired     100.00%       100.00%
Purchase price     $ 107,987       $ 107,987
Working capital adjustment   $ 448          
Goodwill     $ 45,684       45,684
Pro forma revenue             1,551,373
Genesis Systems | Customer relationships              
Acquired Finite-Lived Intangible Assets [Line Items]              
Acquired intangible asset, useful life     11 years        
Intangible assets acquired     $ 32,350        
Genesis Systems | Technology, trademark and trade name              
Acquired Finite-Lived Intangible Assets [Line Items]              
Acquired intangible asset, useful life     6 years        
Intangible assets acquired     $ 11,350        
RC              
Acquired Finite-Lived Intangible Assets [Line Items]              
Ownership percentage acquired       100.00%      
Purchase price     4,453 $ 4,453     4,453
Goodwill     $ 4,072 $ 4,072     $ 4,072
RC | Customer relationships              
Acquired Finite-Lived Intangible Assets [Line Items]              
Acquired intangible asset, useful life       1 year      
Intangible assets acquired       $ 111      
RC | Technology, trademark and trade name              
Acquired Finite-Lived Intangible Assets [Line Items]              
Acquired intangible asset, useful life       10 years      
Intangible assets acquired       $ 594      
XML 80 R66.htm IDEA: XBRL DOCUMENT v3.20.4
Business Combinations (Assets Acquired and Liabilities Assumed) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Business Acquisition [Line Items]        
Goodwill $ 41,366 $ 82,092 $ 100,722  
Genesis Systems        
Business Acquisition [Line Items]        
Cash and cash equivalents     2,847  
Assets acquired excluding cash and cash equivalents and deferred tax assets     39,262  
Liabilities assumed excluding deferred tax liabilities     (23,506)  
Deferred tax liabilities, net     0  
Intangible assets     43,700  
Total identifiable net assets     62,303  
Goodwill     45,684  
Total purchase price     107,987  
RC        
Business Acquisition [Line Items]        
Cash and cash equivalents     30  
Assets acquired excluding cash and cash equivalents and deferred tax assets     2,151  
Liabilities assumed excluding deferred tax liabilities     (1,932)  
Deferred tax liabilities, net     (573)  
Intangible assets     705  
Total identifiable net assets     381  
Goodwill     4,072 $ 4,072
Total purchase price     4,453 $ 4,453
GmbH RC and Genesis        
Business Acquisition [Line Items]        
Cash and cash equivalents     2,877  
Assets acquired excluding cash and cash equivalents and deferred tax assets     41,413  
Liabilities assumed excluding deferred tax liabilities     (25,438)  
Deferred tax liabilities, net     (573)  
Intangible assets     44,405  
Total identifiable net assets     62,684  
Goodwill     49,756  
Total purchase price     $ 112,440  
XML 81 R67.htm IDEA: XBRL DOCUMENT v3.20.4
Restructuring (Summary of Restructuring Accrual) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Restructuring Reserve [Roll Forward]    
Balance at January 1, 2019 $ 188 $ 0
Charges 506 1,780
Cash payments (688) (1,592)
Foreign exchange adjustment (6)  
Balance at December 31, 2019 0 188
Severance and Employee Benefit Costs    
Restructuring Reserve [Roll Forward]    
Balance at January 1, 2019 149 0
Charges 417 1,466
Cash payments (560) (1,317)
Foreign exchange adjustment (6)  
Balance at December 31, 2019 0 149
Contract Cancellations    
Restructuring Reserve [Roll Forward]    
Balance at January 1, 2019 39 0
Charges 89 314
Cash payments (128) (275)
Foreign exchange adjustment 0  
Balance at December 31, 2019 $ 0 $ 39
XML 82 R68.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill And Intangible Assets (Changes In The Carrying Amount Of Goodwill) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Goodwill [Roll Forward]        
Balance at January 1   $ 82,092 $ 100,722  
Adjustments to goodwill during the measurement period   0 448  
Goodwill arising from business combinations   3,211 19,076  
Impairment losses $ (44,589) (44,589) (37,120) $ 0
Foreign exchange adjustment   652 (1,034)  
Balance at December 31   $ 41,366 $ 82,092 $ 100,722
XML 83 R69.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill And Intangible Assets (Narrative) (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Goodwill [Line Items]        
Goodwill impairment $ 44,589 $ 44,589 $ 37,120 $ 0
Goodwill, impaired, accumulated impairment loss   81,709 37,120  
Amortization expense for intangible assets   $ 11,974 12,945 $ 8,170
Transceivers        
Goodwill [Line Items]        
Goodwill impairment     19,325  
Submarine Telecommunications        
Goodwill [Line Items]        
Goodwill impairment     $ 17,795  
XML 84 R70.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill And Intangible Assets (Intangible Assets) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 115,920 $ 116,379
Accumulated Amortization (53,806) (42,108)
Net Carrying Amount 62,114 74,271
Customer relationships    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount 58,041 57,866
Accumulated Amortization (17,674) (11,993)
Net Carrying Amount $ 40,367 $ 45,873
Intangible asset, useful life 11 years 11 years
Technology, trademark and trade name    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 40,518 $ 41,297
Accumulated Amortization (20,949) (16,128)
Net Carrying Amount $ 19,569 $ 25,169
Intangible asset, useful life 7 years 7 years
Production know-how    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 9,325 $ 9,180
Accumulated Amortization (8,167) (7,415)
Net Carrying Amount $ 1,158 $ 1,765
Intangible asset, useful life 7 years 7 years
Patents    
Finite-Lived Intangible Assets [Line Items]    
Gross Carrying Amount $ 8,036 $ 8,036
Accumulated Amortization (7,016) (6,572)
Net Carrying Amount $ 1,020 $ 1,464
Intangible asset, useful life 8 years 8 years
XML 85 R71.htm IDEA: XBRL DOCUMENT v3.20.4
Goodwill And Intangible Assets (Estimated Future Amortization Expense For Intangibles) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]    
2021 $ 11,591  
2022 10,761  
2023 9,861  
2024 7,522  
2025 6,311  
Thereafter 16,068  
Net Carrying Amount $ 62,114 $ 74,271
XML 86 R72.htm IDEA: XBRL DOCUMENT v3.20.4
Property, Plant And Equipment (Components Of Property, Plant, And Equipment) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Property, Plant and Equipment [Line Items]    
Total property, plant and equipment $ 1,085,136 $ 1,010,278
Accumulated depreciation (487,609) (409,426)
Total property, plant and equipment — net 597,527 600,852
Land    
Property, Plant and Equipment [Line Items]    
Total property, plant and equipment 51,454 45,676
Buildings    
Property, Plant and Equipment [Line Items]    
Total property, plant and equipment 412,725 400,617
Machinery and equipment    
Property, Plant and Equipment [Line Items]    
Total property, plant and equipment 473,420 449,783
Office furniture and fixtures    
Property, Plant and Equipment [Line Items]    
Total property, plant and equipment 77,196 70,001
Construction-in-progress    
Property, Plant and Equipment [Line Items]    
Total property, plant and equipment $ 70,341 $ 44,201
XML 87 R73.htm IDEA: XBRL DOCUMENT v3.20.4
Property, Plant And Equipment (Narrative) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Property, Plant and Equipment [Abstract]      
Depreciation $ 78,414 $ 78,959 $ 68,231
XML 88 R74.htm IDEA: XBRL DOCUMENT v3.20.4
Property, Plant And Equipment (Long-Lived Assets) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Property, Plant and Equipment [Line Items]    
Long-lived assets $ 611,948 $ 617,960
United States    
Property, Plant and Equipment [Line Items]    
Long-lived assets 362,395 366,059
Germany    
Property, Plant and Equipment [Line Items]    
Long-lived assets 86,980 86,881
Russia    
Property, Plant and Equipment [Line Items]    
Long-lived assets 66,924 84,471
Belarus    
Property, Plant and Equipment [Line Items]    
Long-lived assets 38,304 28,361
China    
Property, Plant and Equipment [Line Items]    
Long-lived assets 8,175 8,933
Other    
Property, Plant and Equipment [Line Items]    
Long-lived assets $ 49,170 $ 43,255
XML 89 R75.htm IDEA: XBRL DOCUMENT v3.20.4
Accrued Expenses And Other Liabilities (Components Of Accrued Expenses And Other Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Payables and Accruals [Abstract]      
Contract liabilities $ 71,246 $ 59,531 $ 52,606
Accrued compensation 62,785 48,881  
Current portion of accrued warranty 24,345 23,114  
Short-term lease liabilities 5,778 5,300  
Other 12,586 12,956  
Total $ 176,740 $ 149,782  
XML 90 R76.htm IDEA: XBRL DOCUMENT v3.20.4
Product Warranties (Summary of Product Warranty Activity) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]      
Balance at January 1 $ 48,866 $ 51,422 $ 47,517
Provision for warranty accrual 24,555 22,613 24,948
Warranty claims (30,002) (24,826) (18,922)
Foreign currency translation and other 2,250 (343) (2,121)
Balance at December 31 $ 45,669 $ 48,866 $ 51,422
XML 91 R77.htm IDEA: XBRL DOCUMENT v3.20.4
Product Warranties (Narrative) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Product Warranties Disclosures [Abstract]    
Current portion of accrued warranty $ 24,345 $ 23,114
Noncurrent portion of accrued warranty $ 21,324 $ 25,752
XML 92 R78.htm IDEA: XBRL DOCUMENT v3.20.4
Financing Arrangements (Borrowings Under Existing Financing Arrangements) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Debt Disclosure [Abstract]    
Total notes payable $ 37,967 $ 41,708
Less: current portion (3,810) (3,740)
Total long-term debt $ 34,157 $ 37,968
XML 93 R79.htm IDEA: XBRL DOCUMENT v3.20.4
Financing Arrangements (Narrative) (Details)
 12 Months Ended
Dec. 31, 2020
USD ($)
creditLine
May 31, 2023
USD ($)
Jul. 31, 2022
USD ($)
Dec. 31, 2020
EUR (€)
creditLine
Dec. 31, 2019
USD ($)
Line of Credit Facility [Line Items]          
Long-term debt $ 37,967,000       $ 41,708,000
Current portion of long-term debt 3,810,000       3,740,000
Long-Term Note          
Line of Credit Facility [Line Items]          
Current portion of long-term debt 3,810,000       $ 3,740,000
Unsecured Debt          
Line of Credit Facility [Line Items]          
Notes payable 18,406,000        
Notes payable, current 1,187,000        
Unsecured Debt | Scenario, Forecast          
Line of Credit Facility [Line Items]          
Notes payable   $ 15,438,000      
Secured Debt          
Line of Credit Facility [Line Items]          
Notes payable 19,561,000        
Notes payable, current $ 2,623,000        
Interest rate 2.74%     2.74%  
Secured Debt | Scenario, Forecast          
Line of Credit Facility [Line Items]          
Notes payable     $ 15,375,000    
London Interbank Offered Rate (LIBOR) | Unsecured Debt          
Line of Credit Facility [Line Items]          
Spread on variable rate 1.20%        
U S Line Of Credit          
Line of Credit Facility [Line Items]          
Line of credit $ 0        
Guarantees issued $ 3,300,000        
US Long Term Note          
Line of Credit Facility [Line Items]          
Debt service coverage ratio 3.0        
Maximum indebtedness against EBITDA 3        
US Long Term Note | Minimum          
Line of Credit Facility [Line Items]          
Covenant, debt service coverage $ 50,000,000        
US Long Term Note | Maximum          
Line of Credit Facility [Line Items]          
Covenant, debt service coverage 500,000,000        
Euro Line Of Credit          
Line of Credit Facility [Line Items]          
Line of credit 0        
Guarantees issued 3,424,000        
Other European Facilities          
Line of Credit Facility [Line Items]          
Borrowing capacity $ 2,453,000     € 2,000,000  
Number of credit lines | creditLine 2     2  
Letter of Credit | U S Line Of Credit          
Line of Credit Facility [Line Items]          
Borrowing capacity $ 75,000,000        
Remaining borrowing capacity $ 71,700,000        
Letter of Credit | U S Line Of Credit | Minimum | London Interbank Offered Rate (LIBOR)          
Line of Credit Facility [Line Items]          
Spread on variable rate 0.80%        
Letter of Credit | U S Line Of Credit | Maximum | London Interbank Offered Rate (LIBOR)          
Line of Credit Facility [Line Items]          
Spread on variable rate 1.20%        
Letter of Credit | Euro Line Of Credit          
Line of Credit Facility [Line Items]          
Borrowing capacity $ 61,319,000     € 50,000,000  
Remaining borrowing capacity 57,895,000        
Letter of Credit | Other European Facilities          
Line of Credit Facility [Line Items]          
Line of credit 0        
Remaining borrowing capacity $ 2,453,000        
Interest rate swap | Unsecured Debt          
Line of Credit Facility [Line Items]          
Fixed interest rate 2.85%     2.85%  
XML 94 R80.htm IDEA: XBRL DOCUMENT v3.20.4
Financing Arrangements (2020 Future Principal Payments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Debt Disclosure [Abstract]    
2021 $ 3,810  
2022 18,126  
2023 16,031  
Total notes payable $ 37,967 $ 41,708
XML 95 R81.htm IDEA: XBRL DOCUMENT v3.20.4
Derivative Instruments (Fair Value) (Details) - Designated as cash flow hedge - Interest rate swap - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Derivatives, Fair Value [Line Items]    
Notional amounts $ 18,406 $ 19,594
Other assets    
Derivatives, Fair Value [Line Items]    
Other assets 0 13
Deferred income taxes and other long-term liabilities    
Derivatives, Fair Value [Line Items]    
Deferred income taxes and other long-term liabilities $ 603 $ 0
XML 96 R82.htm IDEA: XBRL DOCUMENT v3.20.4
Derivative Instruments (Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Designated as cash flow hedge | Interest rate swap      
Effective portion recognized in other comprehensive income (loss), pretax:      
Effective portion recognized in other comprehensive income (loss), pretax $ (616) $ (18) $ 15
XML 97 R83.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Narrative) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Other Commitments [Line Items]      
Rent expense $ 7,797 $ 8,800  
Rent expense     $ 6,175
Operating lease payments $ 6,634 $ 6,802  
Minimum      
Other Commitments [Line Items]      
Remaining lease term 1 year    
Maximum      
Other Commitments [Line Items]      
Remaining lease term 44 years    
XML 98 R84.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Lease Assets and Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Leases [Abstract]    
Right-of-use assets $ 21,720 $ 23,028
Short-term lease liabilities 5,778 5,300
Long-term lease liabilities 18,448 20,410
Total lease liabilities $ 24,226 $ 25,710
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] us-gaap:OtherAssets us-gaap:OtherAssets
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] us-gaap:OtherLiabilitiesCurrent us-gaap:OtherLiabilitiesCurrent
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] us-gaap:LiabilitiesNoncurrentAbstract us-gaap:LiabilitiesNoncurrentAbstract
XML 99 R85.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Future Minimum Payments) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Lessee, Operating Lease, Liability, Payment, Due [Abstract]    
2021 $ 6,452  
2022 4,854  
2023 3,573  
2024 2,251  
2025 2,076  
Thereafter 8,311  
Total future minimum lease payments 27,517  
Less: imputed interest (3,291)  
Present value of lease liabilities $ 24,226 $ 25,710
Lease, Cost [Abstract]    
Weighted-average remaining lease term 9 years 9 years
Weighted-average discount rate 3.46% 3.58%
XML 100 R86.htm IDEA: XBRL DOCUMENT v3.20.4
Commitments And Contingencies (Narrative) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2020
Feb. 22, 2021
Dec. 31, 2019
Other Commitments [Line Items]      
Purchase obligations $ 51,730,000   $ 53,922,000
Management      
Other Commitments [Line Items]      
Duration of employment agreement 3 years    
Subsequent Event      
Other Commitments [Line Items]      
Estimated litigation liability   $ 0  
XML 101 R87.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Components Of Stock Based Compensation) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Total stock-based compensation $ 35,658 $ 33,578 $ 28,027
Tax benefit recognized (7,498) (5,114) (6,632)
Net stock-based compensation 28,160 28,464 21,395
Cost of sales      
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Total stock-based compensation 10,392 9,249 6,535
Sales and marketing      
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Total stock-based compensation 4,395 3,815 2,550
Research and development      
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Total stock-based compensation 9,122 7,690 6,410
General and administrative      
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]      
Total stock-based compensation $ 11,749 $ 12,824 $ 12,532
XML 102 R88.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Narrative) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Termination period 2 years    
Intrinsic value of options exercised $ 52,868 $ 17,891 $ 51,266
Compensation cost not yet recognized $ 13,522    
Compensation cost not yet recognized, period of recognition 1 year 10 months 24 days    
Restricted Stock Units (RSUs)      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period 4 years    
Compensation cost not yet recognized $ 35,060    
Compensation cost not yet recognized, period of recognition 2 years 8 months 12 days    
Aggregate fair value of awards vested $ 19,535    
Intrinsic value of RSUs exercised $ 22,252 $ 22,638 $ 22,978
Weighted-average grant-date fair value, granted (in dollars per share) $ 145.10 $ 151.94 $ 227.45
Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Right to receive common stock, shares (in shares) 1    
Compensation cost not yet recognized $ 5,190    
Compensation cost not yet recognized, period of recognition 1 year 9 months 18 days    
Aggregate fair value of awards vested $ 5,159    
Intrinsic value of RSUs exercised $ 6,211    
Target goal, percentage 100.00%    
OCF Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Compensation cost not yet recognized $ 2,495    
Compensation cost not yet recognized, period of recognition 2 years 3 months 18 days    
Weighted-average grant-date fair value, granted (in dollars per share) $ 143.51    
Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period 1 year    
Minimum | Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award units earned, percentage 0.00%    
Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Vesting period 4 years    
Expiration period 10 years    
Maximum | Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award units earned, percentage 200.00%    
2006 Incentive Compensation Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Shares reserved for future issuance (in shares) 10,363,465    
Shares available for grant (in shares) 2,851,428    
XML 103 R89.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Weighted-Average Assumptions-Options) (Details)
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Volatility, minimum 37.00% 31.00%
Volatility, maximum 38.00% 36.00%
Risk-free rate of return, minimum 1.66% 2.54%
Risk-free rate of return, maximum 2.55% 3.01%
Dividend yield 0.25% 0.25%
Forfeiture rate 0.00% 0.00%
Minimum    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Expected term 4 years 3 months 18 days 4 years 1 month 6 days
Maximum    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]    
Expected term 5 years 1 month 6 days 4 years 10 months 24 days
XML 104 R90.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Summary Of Option Activity) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Number of Options      
Outstanding (in shares) 1,842,442 1,747,074 1,797,493
Granted (in shares) 0 334,740 257,111
Exercised (in shares) (533,716) (192,533) (282,720)
Forfeited (in shares) (36,103) (46,839) (24,810)
Outstanding (in shares) 1,272,623 1,842,442 1,747,074
Unvested (in shares) 382,729    
Exercisable (in shares) 889,894    
Weighted-Average Exercise Price      
Outstanding (in dollars per share) $ 112.03 $ 98.93 $ 73.95
Granted (in dollars per share) 153.78 232.26
Exercised (in dollars per share) 70.17 56.58 58.94
Forfeited (in dollars per share) 179.85 149.64 131.36
Outstanding (in dollars per share) 127.74 $ 112.03 $ 98.93
Unvested (in dollars per share) 171.98    
Exercisable (in dollars per share) $ 108.71    
Additional Disclosures      
Outstanding, Weighted-average remaining contractual life 5 years 5 months 19 days 5 years 8 months 23 days 5 years 9 months 18 days
Unvested, Weighted-average remaining contractual life 7 years 6 months 25 days    
Exercisable, Weighted-average remaining contractual life 4 years 6 months 25 days    
Outstanding, Aggregate intrinsic value $ 125,550 $ 85,110 $ 58,084
Unvested, Aggregate intrinsic value 21,386    
Exercisable, Aggregate intrinsic value $ 104,164    
XML 105 R91.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Summary of Restricted Stock Unit Activity) (Details) - Restricted Stock Units (RSUs) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Number of Shares      
Outstanding, beginning balance (in shares) 306,838 351,021 378,261
Granted (in shares) 198,606 120,090 80,254
Vested (in shares) (168,733) (147,606) (97,997)
Canceled (in shares) (16,025) (16,667) (9,497)
Outstanding, ending balance (in shares) 320,686 306,838 351,021
Weighted-Average Grant-Date Fair Value      
Weighted-Average Grant-Date Fair Value, Outstanding, beginning balance (in dollars per share) $ 139.09 $ 126.93 $ 96.23
Weighted-Average Grant-Date Fair Value, Granted (in dollars per share) 145.10 151.94 227.45
Weighted-Average Grant-Date Fair Value, Vested (in dollars per share) 115.77 120.58 91.62
Weighted-Average Grant-Date Fair Value, Canceled (in dollars per share) 157.36 139.73 121.37
Weighted-Average Grant-Date Fair Value, Outstanding, ending balance (in dollars per share) $ 154.29 $ 139.09 $ 126.93
Additional Disclosures      
Weighted-Average Remaining Contractual Life, Outstanding 1 year 3 months 29 days 2 years 6 months 25 days 2 years 7 months 13 days
Aggregate Intrinsic Value, Outstanding $ 71,766 $ 44,467 $ 39,767
XML 106 R92.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Weighted-Average Assumptions-PSUs) (Details) - $ / shares
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Volatility, minimum   37.00% 31.00%
Volatility, maximum   38.00% 36.00%
Dividend yield   0.25% 0.25%
OCF Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Expected term 3 years    
Volatility 0.00%    
Risk-free rate of return 1.39%    
Dividend yield 0.10%    
Weighted-average fair value per share (in dollars per share) $ 143.51    
TSR Performance Shares      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Expected term 3 years 3 years 3 years
Volatility, minimum 19.00% 18.00% 13.00%
Volatility, maximum 44.00% 40.00% 32.00%
Risk-free rate of return 1.39% 2.48% 2.41%
Dividend yield 0.00% 0.00% 0.00%
Weighted-average fair value per share (in dollars per share) $ 169.28 $ 192.46 $ 284.78
XML 107 R93.htm IDEA: XBRL DOCUMENT v3.20.4
Stock-Based Compensation (Summary of Performance Stock Unit Activity) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
TSR Performance Shares      
Number of Shares      
Outstanding, beginning balance (in shares) 99,842 109,655 75,949
Granted (in shares) 18,411 34,989 33,706
Vested (in shares) (48,659) (43,594) 0
Canceled (in shares) (1,769) (1,208) 0
Outstanding, ending balance (in shares) 67,825 99,842 109,655
Weighted-Average Grant-Date Fair Value      
Weighted-Average Grant-Date Fair Value, Outstanding, beginning balance (in dollars per share) $ 162.34 $ 146.96 $ 119.45
Weighted-Average Grant-Date Fair Value, Granted (in dollars per share) 170.42 190.83 238.12
Weighted-Average Grant-Date Fair Value, Vested (in dollars per share) 106.03 128.54  
Weighted-Average Grant-Date Fair Value, Canceled (in dollars per share) 204.01 228.68  
Weighted-Average Grant-Date Fair Value, Outstanding, ending balance (in dollars per share) $ 206.21 $ 162.34 $ 146.96
Additional Disclosures      
Weighted-Average Remaining Contractual Life, Outstanding 1 year 3 months 10 days 1 year 10 months 2 days 1 year 9 months 7 days
Aggregate Intrinsic Value, Outstanding $ 15,179 $ 14,469 $ 12,423
OCF Performance Shares      
Number of Shares      
Outstanding, beginning balance (in shares) 0    
Granted (in shares) 24,817    
Vested (in shares) 0    
Canceled (in shares) (716)    
Outstanding, ending balance (in shares) 24,101 0  
Weighted-Average Grant-Date Fair Value      
Weighted-Average Grant-Date Fair Value, Outstanding, beginning balance (in dollars per share)    
Weighted-Average Grant-Date Fair Value, Granted (in dollars per share) 143.51    
Weighted-Average Grant-Date Fair Value, Vested (in dollars per share)    
Weighted-Average Grant-Date Fair Value, Canceled (in dollars per share) 143.51    
Weighted-Average Grant-Date Fair Value, Outstanding, ending balance (in dollars per share) $ 143.51  
Additional Disclosures      
Weighted-Average Remaining Contractual Life, Outstanding 2 years 1 month 28 days    
Aggregate Intrinsic Value, Outstanding $ 5,394    
XML 108 R94.htm IDEA: XBRL DOCUMENT v3.20.4
Employee Benefit Plans (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]      
Compensation expense $ 6,253 $ 6,005 $ 4,261
Employee Stock      
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]      
Discount form market price 15.00%    
Period for discount from market price 6 months    
Maximum employee subscription rate 10.00%    
Compensation expense for employee stock purchase plan $ 2,033 $ 2,254 $ 925
Shares available for grant (in shares) 294,544    
XML 109 R95.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Income Before Impact Of Income Taxes) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Tax Disclosure [Abstract]      
U.S. $ 5,490 $ 59,790 $ 146,855
Foreign 200,202 188,586 387,540
Income before provision for income taxes $ 205,692 $ 248,376 $ 534,395
XML 110 R96.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Provision For Income Taxes) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Current:      
Federal $ 3,871 $ 7,127 $ 7,274
State 688 2,405 2,097
Foreign 53,608 74,072 125,431
Total current 58,167 83,604 134,802
Deferred:      
Federal (10,300) (4,896) 2,497
State (1,594) (1,658) 8,449
Foreign (919) (8,935) (15,522)
Total deferred (12,813) (15,489) (4,576)
Provision for income taxes $ 45,354 $ 68,115 $ 130,226
XML 111 R97.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Reconciliation Of Effective Tax Rate) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Tax Disclosure [Abstract]      
Tax at statutory rate $ 43,201 $ 52,159 $ 112,223
Non-U.S. rate differential — net 10,968 14,958 26,985
State income taxes — net 697 2,362 3,367
Stock-based compensation - tax benefit (9,664) (5,114) (13,298)
Foreign derived intangible income benefit ("FDII") 0 (4,763) (7,930)
Global intangible low-taxed income taxed in the U.S. ("GILTI") 0 4,648 5,955
Goodwill impairment 0 10,009 0
Effect of 2017 U.S. Tax Cuts and Jobs Act 0 0 (4,747)
Withholding tax on intercompany dividend 2,193 3,122 0
Effect of changes in enacted tax rates on deferred tax assets and liabilities (23) (639) 8,007
Federal and state tax credits (6,762) (12,173) (11,024)
Russia investment tax credit (3,228) 0 0
Change in reserves, including interest and penalties 3,878 779 2,290
Change in valuation allowance 2,019 4,515 7,421
Other — net 2,075 (1,748) 977
Provision for income taxes $ 45,354 $ 68,115 $ 130,226
XML 112 R98.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Deferred Tax Assets And Liabilities) (Details) - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Income Tax Disclosure [Abstract]    
Inventory provisions $ 29,657 $ 23,611
Allowances and accrued liabilities 12,719 10,502
Deferred compensation 3,256 9,428
Other tax credits 15,571 15,001
Net operating loss carryforwards 11,594 5,748
Property, plant and equipment (7,401) (18,607)
Withholding tax on intercompany dividend (2,774) (3,597)
Valuation allowance (22,617) (14,384)
Net deferred tax assets $ 40,005 $ 27,702
XML 113 R99.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Narrative) (Details)
 12 Months Ended
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2016
USD ($)
Tax Credit Carryforward [Line Items]        
Deferred tax liabilities, withholding and dividend tax, foreign $ (2,774,000) $ (3,597,000)    
Undistributed earnings of foreign subsidiaries 1,051,893,000 1,078,879,000    
Penalties and interest expense 305,000 543,000 $ 631,000  
Accrued penalties and interest 1,977,000 1,672,000    
Menara Networks        
Tax Credit Carryforward [Line Items]        
Operating loss carry-forwards 5,121,000 8,953,000   $ 22,242,000
Operating loss carry-forwards, valuation allowance 0      
Foreign        
Tax Credit Carryforward [Line Items]        
Dividends 166,055,000 $ 50,000,000    
Withholding and dividend tax, percent   0.05    
Operating loss carry-forwards 36,318,000 $ 13,218,000    
Operating loss carry-forwards, valuation allowance 10,210,000 3,753,000    
State        
Tax Credit Carryforward [Line Items]        
Tax credit carry-forwards 15,571,000 15,003,000    
Tax credit carryforward, valuation allowance $ 12,414,000 $ 10,632,000    
XML 114 R100.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]    
Balance at January 1 $ 11,416 $ 11,206
Change in prior period positions (427) (1,776)
Settlement of prior period position 0 (230)
Additions for tax positions in current period 4,000 2,000
Foreign exchange adjustments   216
Foreign exchange adjustments (283)  
Balance at December 31 $ 14,706 $ 11,416
XML 115 R101.htm IDEA: XBRL DOCUMENT v3.20.4
Income Taxes (Open Tax Years By Major Jurisdictions) (Details)
 12 Months Ended
Dec. 31, 2020
Minimum | United States  
Income Tax Contingency [Line Items]  
Open tax year 2017
Minimum | Germany  
Income Tax Contingency [Line Items]  
Open tax year 2017
Minimum | Russia  
Income Tax Contingency [Line Items]  
Open tax year 2016
Maximum | United States  
Income Tax Contingency [Line Items]  
Open tax year 2020
Maximum | Germany  
Income Tax Contingency [Line Items]  
Open tax year 2020
Maximum | Russia  
Income Tax Contingency [Line Items]  
Open tax year 2020
XML 116 R102.htm IDEA: XBRL DOCUMENT v3.20.4
Net Income Attributable To IPG Photonics Corporation Per Share (Computation Diluted Net Income Per Share) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Earnings Per Share [Abstract]                      
Net income attributable to IPG Photonics Corporation $ 49,339 $ 35,604 $ 38,226 $ 36,403 $ (4,450) $ 57,253 $ 72,272 $ 55,159 $ 159,572 $ 180,234 $ 404,027
Net income attributable to common stockholders                 $ 159,572 $ 180,234 $ 404,027
Basic weighted average shares (in shares)                 53,186 53,061 53,522
Dilutive effect of common stock equivalents (in shares)                 599 778 1,204
Diluted weighted average common shares (in shares)                 53,785 53,839 54,726
Basic net income attributable to IPG Phontonics Corporation per share (in dollars per share)                 $ 3.00 $ 3.40 $ 7.55
Basic net income attributable to common stockholders (in dollars per share) $ 0.92 $ 0.67 $ 0.72 $ 0.69 $ (0.08) $ 1.08 $ 1.36 $ 1.04 3.00 3.40 7.55
Diluted net income attributable to IPG Photonics Corporation per share (in dollars per share)                 2.97 3.35 7.38
Diluted net income attributable to common stockholders (in dollars per share) $ 0.92 $ 0.66 $ 0.71 $ 0.68 $ (0.08) $ 1.07 $ 1.34 $ 1.02 $ 2.97 $ 3.35 $ 7.38
XML 117 R103.htm IDEA: XBRL DOCUMENT v3.20.4
Net Income Attributable To IPG Photonics Corporation Per Share (Anti Dilutive Shares Excluded From EPS) (Details) - shares
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 565,600 670,600 279,700
Stock option      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 536,500 571,000 204,300
Restricted Stock Units (RSUs)      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 29,100 58,700 60,500
Performance Shares      
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]      
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount 0 40,900 14,900
XML 118 R104.htm IDEA: XBRL DOCUMENT v3.20.4
Net Income Attributable To IPG Photonics Corporation Per Share (Narrative) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Feb. 28, 2019
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Shares repurchased (in shares) 301,660 301,262 1,051,825  
Shares repurchased, average cost per share (in dollars per share) $ 125.58 $ 135.21 $ 167.39  
Decrease in weighted average number of treasury shares (in shares) 201,953 97,054 363,936  
Share Repurchase Program, 2019        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Authorized amount $ 200,000,000      
Remaining authorized repurchase amount $ 246,000,000      
Share Repurchase Program, 2018        
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]        
Authorized amount       $ 125,000,000
XML 119 R105.htm IDEA: XBRL DOCUMENT v3.20.4
Related-Party Transactions (Narrative) (Details) - USD ($)
 1 Months Ended 12 Months Ended
Jul. 31, 2017
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Related Party Transaction [Line Items]        
Rent expense   $ 7,797,000 $ 8,800,000  
Proceeds from sales of property, plant and equipment   889,000 661,000 $ 1,026,000
Chief Executive Officer | Aircraft, Leased | Air Transportation Equipment        
Related Party Transaction [Line Items]        
Percentage of property under operating lease 25.00%      
Related party transaction amount   937,000 924,000 925,000
Chief Executive Officer | Aircraft, 2017 Lease | Air Transportation Equipment        
Related Party Transaction [Line Items]        
Rent expense   925,000    
Director | Aircraft, Leased | Air Transportation Equipment        
Related Party Transaction [Line Items]        
Amounts due from related party   154,000 0  
Director | Purchased Parts and Services from Company which Independent Director is Executive Officer        
Related Party Transaction [Line Items]        
Amounts due from related party   566,000 0  
Payments made to suppliers   760,000 51,000 947,000
Director | Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director        
Related Party Transaction [Line Items]        
Amounts due from related party   334,000 0  
Proceeds from sales of property, plant and equipment   $ 675,000 $ 0 $ 0
XML 120 R106.htm IDEA: XBRL DOCUMENT v3.20.4
Selected Quarterly Financial Data (Components Of Selected Quarterly Financial Data) (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Selected Quarterly Financial Information [Abstract]                      
Net sales $ 336,630 $ 318,441 $ 296,411 $ 249,242 $ 306,627 $ 329,138 $ 363,769 $ 315,047 $ 1,200,724 $ 1,314,581 $ 1,459,874
Gross profit 146,879 152,792 136,449 102,876 124,203 152,858 180,237 148,911 538,996 606,209 800,268
Net income attributable to IPG Photonics Corporation $ 49,339 $ 35,604 $ 38,226 $ 36,403 $ (4,450) $ 57,253 $ 72,272 $ 55,159 $ 159,572 $ 180,234 $ 404,027
Net income (loss) per share, basic (in dollars per share) $ 0.92 $ 0.67 $ 0.72 $ 0.69 $ (0.08) $ 1.08 $ 1.36 $ 1.04 $ 3.00 $ 3.40 $ 7.55
Net income (loss) per share, diluted (in dollars per share) $ 0.92 $ 0.66 $ 0.71 $ 0.68 $ (0.08) $ 1.07 $ 1.34 $ 1.02 $ 2.97 $ 3.35 $ 7.38
EXCEL 121 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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

!05 MVATW(^#\8&R/N1D+U"",^P)H]T#/S+@#.W+'T>ZX&37IQH\83*-\&,ST3[SX M#WU8":#1FQ41(1<7H+*%Y@#52)7B(LG]MP"0R2 A1E1MQV/PQF",Y& R7;&D M5)*'A@N&U'Z4HK12Q3B2UV2AD.-*,LS6.(#/"!-@ 4$ :T6V(DZ@4$'=>V>P MH!O,TUM(4@Q86,648#Q)>IH4T$?I/!,!+)EBL%0'UZL%X[/$.5H,N"\PUUMJ M3.V%84":F4$3-R".,NI-SZ^EV%Q@A4DRW_$:BAJ5 EU'I+"":P)C4@NY8"1W MQ^%Z, R03^\2TT1WB:/,/R*.*;EB/2P62)6PB(%JF3X1%6? N/5Z \&ILUH5 M8.U,4/I5>H$M(N=&;?:0!H_GQO3.F)//B!*#7@[?2^68]'S[HWMCR9VQ>[LG M+)N;#RQ&@CA!/O7H02'[8&GW^,X3)]D'2Z*"5:;5SI"3I4J=T*8RZ$0Z5UA+ M$TLY;AW&XXBA;AFH0V),,B+1>L0H2J<@L(F-N#T(E42R"/24F)LK5Q/C& _& MS@DC[(B'9E()^>R86$Y1*\GZ""A4'3$*UT^E&B1.X-Y@940,14PX)= R6"H3 ML, OF )! B\""R?8+6 (D C?$(H[-'&%B!8CTZPTG-_HBY&X=A:5++*$#'R2 MW\$UH(H ' ^#%24N#"<$V$0\Y(5Q6I5)&'$&^'Z1R&?TPPRYW4J$F:$HET"4 MQN4<7L*EXY'XL)B&T%D&JY_CM+BU"!XL)JB!D L!N1X+*YU!*M,HEXK]*B=! MHG?K<3(_SR8W:WWBH-GC+/(DY B. M$HYK-0[4H,_,T. #>'5<:(:M$9_/:16X)#*S*!:+@_B&)P;%$2X/H0J9;(&/ M1>%SJ%6:A"&P^C H]41B /'IR58%6RM4 MBV0:<33FM6&P8R$T$+@11$$D<@X<;(<3O I%(Q!C.+B>(J/9/)A M30YOT.-U:X&?^OA12L+E49NE/H:=$E%*8B2S1$05.F(QN]Y)$(8U8'9Q,XMA M(_@Y;MCCD%I@E\,/N\-2I1>+$\H1G8X?$(5CR>R,\^FP3#^.%F7SF2&B@RF4 MJ=TL(=YIEP0B'+TZS*;!'GP"(^-334HED4@U!GU>'CFB0#0Z(4F=H*A4<2Y9 M+L=ZY7 H,X/EP2B!9R-1 DF)H\:E"8^7Z"$? [B\%KM;#8B\?FTH8@VY'3XC$:>W"7R MX$P)%M I$G?J8DF-(W LA(2#$1Y8I^"#9HV/)T:#J(/*D4OX= %#37.KO%J> MS C;.0B7A:B)+*:+I8M3^:20QQYG,7DQ0F8&DVT16)"8&0VA$9. 90KX--XH M(< VD&)!O<<.,C?-RG;;PVXE3L(36ZQ^IHSL0,-*-U;%HY'C;!/,@_G .=PJ M.UA]R#%4DLN,T5+Y$8.'%#-&V02>2B'@.C42&3\<\+2 VC'K$&B>L> MV[MJ&$Y [+T34,AW=HH(?[;-'C1&3%*)#V05OA.+:,'*@@#"B5'!4C/<:H-+ M G*6V(\-N,4^Q"CQ.LS84#R05$+HJ&$8R2M.6! M/4:^D"^D&E"Z#)6@5@L[(2$D$BCJ =RX?$%,9]+;H@P6*B%Y0,(3FF"1U"., M4Q$;F^@42>RB@$+CD!MA-G%RH M)#A9&$0( G[ (K:X(EJ3'L>,6P)@?1HR:/"A""D4,VA#R1W2J!ZOQ>+5-JU= MKP$UBR2L4>",(J>,'Y/ZR/88Q^.B.6-2L12.@VFX\10'*I;JA::010MF2A"2 MJ#AC,$)71%4"MEH0DC$)8B6&HR(%5!ZQ@.2E!Z,Z*9-MQ HQ:@*")L 2"0N$ M8T)4C!-QNK0.C@[#97J":!"7F6$)(4(U*1!#\7XG:J$3360*UA^4QH,4O%D3 MTN'L%(J'1#;@<3[ W9_ XZ@&M]KK9DKB&#9R& 5!'1H2 MR+$8'"% UNE1#,7KE@0XA247:%7J",$(A@\60FTT:6B?@*/MOJAHT.H0_X H]I,3*< M>%R X@\X5!%QQ&71NG!L'A:L4?$4)1ZQ\T4$KT3KYR!,1SQ Y HHY@!+IW!H M<9J$QT=V<=2PPL8!151"F)GAX[H=FI"9XD,1)BH.)"14 MVL05Q4L4\C>+J!U..I>MHKN$9CA;G[<*+-+N&&]@V%FVH@. MBSFF,%"<8G,RV?'#8F!O.#M62A*8&#A8CP_("50\2^#D$#WZN))/X>(3*JO3 M8Q$Y48Q()F=Q+1%)E!I%E3X^RYZ(8PQX(8@%B7MU 5CMWG\P14ZP42V;X WA M#!J2$?&Q:7*!52WEJ9#\B T@!KI M_H,X XH/DE#8SX['55:W-:1R6% ;*O;9HQB'6Q0#U7T\[L+R'%0/"]$H>4R; MC>OG*S $&ZQR:_1">SB6F?%XX'GH"X:ISF$/GOW?><9_[R6%OW@+Y7?>=/@? MO8LB$OWY"R9N]_T74H(AN=GRY]3!Y"L5\+TW*@!YWP>=69'0O].9%3%[0GT; MO-DB$N4RO<9P\A4A'C,/7!ALLIMR$0:90""P>)Q@" =Q\EZ/]W^#8H&M#CI* W6KWH*X& L-AP):$$(D$ M(HV!9R(D)@.'H] 8-!J.12,FKR$4YCVVO]/_(0C, 7O$;&('O.Z_>I%E:+W" MS#D#<0;OC"D,/O__1>&ZJT[%S76 M>U\0!:*2(VMP[1%*^W]B=H]U?81IU&;V_-F[4PVH'ND9]%I"431@IED!=G_T MUMCOD3["QVA#/5:S*0^^1WWOPI\%M_N WU-60Z7\Y['-9_J#6 5N@'!#N/_2 M'#C/E0:\IK#1'+@[=U"F9+OLA@ :B&>3!Y/)0^&'B/['05S M%O^(RP.*AUB(T%ARA I[PMR(0 J@S8WFX<#4ZX^D?=^Y]!"%+8\R&'F(P/8P M0=AC#^7Q/$:;.7B/HO[2 _M_9&@/CSFII(?>;J2CUO\D6 &;R+4 7F+4;RH2Z1,CN>AZ[]#ST;==E?\3H^&]'>O_VX/HSE/;K:&76C@X1[&WY60''2> MQ&?V9"=;#7O4WWFD!]!LTMP5(:!>:Y[ZSEGRC6WLO9X/4SS2'1BTSQNTA\SW M;.?1R[\W(;O+? JJ4N-%3/ZB%] M/YZ<\AAQU/.(F/OW1&@R2J-_=%MG=KF\T3^Z2W>A1F+!11-&2T M<0+>L.\OYM'(MW)SK4E>]1 S[[S G7U'1G:]D#M%=0.BW^E<;TC8AI0/FU;] M=8;7Y071Y[ZW_<[ _YVQW^<;K!]L_= T-F!B=X?1X/)C7=Q>$W A#OTN:?WI M8T2AY!2D<@F#I5#<)0PUG-5]P@#(QG@$N4L3>)";&Z)D3A82]XGNG#]&9G"% MS0VHZD\;0/.(5?U/T;IKC4\ +>Q?8X5M!%+8OPB30PQ'H/XU8M3&A'HB[F^R,)O7 MZ$V6]4\$+VHCPCVI,?:%_[OL"W3(EB?W_9Y(=FR$/_Z#BE1YV!!_,D!12F+QH,/D'<'&"-*.O_47 I?&8TX+9[0O]4M'"-VT_]FQ:- M7*_+%?]GFQ<.VYC" OF; %.8T2<9OOX:+DICS(OR-VW7,]" W6 PHYYL.A#T M1"!K1)[$X1H3P'#$O^G)F:+ -2J6-6K_GOHW;>G07%X;^H\& MC$IJ#%Z4O^G94/TCVFQA\J]>_:-1:Y25_6T/MNL+LG\R7/\HM!2HSV>S/TG$ M"(W) (WQ2SSN;ZIAE:@G@7J>U%-N$NF_#2]ZP.YRV5%/*!OXIL_UA!Z -.8) MVS\*-K7=ZS(_F742CM"HZN*?A-8=T\J6!(PV^Q-Z:$1N1/G_SP*-'0X"N- G MM$76F+<$&E60D NK+_C8=(C48DE'R?&H?%WG\?^L'5_TP7_XT/ MG.[BV^A'*?\%Z.+PC;'@OQ??1C].^"_ ]Q^UN=DP/C1V$^K)8OS?MGU\%^'_ M: OF'X_T/VR[IJ$U__\"\?_RVON17]^HOU+?\[%?=VCD[WT\]OL=O_MK<70<>K96I\]NMA=*A5I Z1 .@E!CT"=2L)40.'@L1G80$$$/'3>.0"G) MGP=SN-+L;.C?.]H9?8$0!*5(09M@,@>-H/T*:+NB(5_R>CEH=S0XD^W4)LEV M P0M+LFV]8[[4'U-'?:PY-MD]MC NWDF'TFMRG9W@[:KT7"9M!.$X+VQ(C= M' 7M0Z#]K"OLMH-V9;*OVXP&(:A)J^3UD-EH VTL:+<**.4,T!X*0::HRYS*)0C!4I! Z9LAM?M0SUQ M"+HSY_JC?1+;; R"4W3> M11!$N0ZP>?/!-<,\"%K[*@1U/?'@VK/_@J V0&]K]C683^>DO=S]^]'1:'2P MW6PW\:-HF;T>ORA@/90> 3YNR<1XWX/^[X M^^,8)#=;S,F_5VW.5@,KLWNL0-T>D[W^;X';/7^DQ/^PVR/'';L&1X?W:J&. M!8.AMOLZ0FD_?PTUZ= 22ANY$-Q)N:\W80LUE/0\3=:%.W9??Z0\SC6U*/D5 MM%OK^S'DRFQC.!"Y@F:"$V%WH1F0_.A8N@]:#FT$OH46@MMA+9 7T)[ MH&^AP]!)Z QT'OH)*H=N0%4I*2G-4C)3.J1T2\E*Z9>"2<&G4%+R4E@IPA1Y MBB[EA11KBB64J2DS4N:GO)NR/.63E/4I6U)VI>Q/.9Y2EG(IY6K* M[=2TU%:I'5-[I3Z7"J=24FFI@E1EZJA4:ZH_-9'Z2NH;J6^E+DK],'5-ZI;4 M/:F'4\^D_I1Z/0U*:YG6.>V9M)PT2AHC39*F3[.D!=+&ITU)FY.V*&UEVH:T MG6D'T\ZD74F[U22]28; ME#4I;U+;-+-ISZ:8IKE->4VU3:U-HTTG-IW3]/VFJYON:'JXZ?FF-]+3TSNG M]T\GIW/3=>F.]#'IT]+?22])_R)]?_JY].O-FC7KU@S3;%@S23.T6:C9Q&;S MFGW8K+39@6;GFU4V;]D\JSF^.;NYOKFG^83F#6O-:FUH6M%[1>T_I ZU_:M&C3 MKPVMS>@VB39SVGS69E^;*VU;M'VN+:,MVG9\VP5MU[<]VO9ZNP[M<.TD[=SM MIK7[H-VN=A?;-VO_7'M6>U/[5]HO;K^M_;D.:1WZ=F!T,'9XN<-['79T.-\Q MO6/_CKR.CHY3.W[4<6_'\D[M.Q$[J3O%.BWHM*G3FQQY0>G_8XT3.UY\">\IYC>B[N^77/ MZ[UZ]^+T\O6:UVM;KRN]._<>WMO1>U;OS;TO977(RLNR9\W**LVZG-TIFY;M MRGXK>WMV^3,]G^$^$W[FW6?V/E/5IW\?59\)?4KZG.J;T9?2U])W5M^M?Z)?BWZ4?K9^<_OM['?SN?[/:9Z;]-S:YR[V[]J?US_1?T7_ M[P9D#L@?X!^P:,"AY].?ISSO?/Z=Y[\=F#H0&6@;N&#@/DPJAH2Q8][![!_4 M=!!UD&?0HD%'G@ZO!.NQ2)8%_8] M[$E<>QP?-P&W 7<5/Q!OQ"_ 'R)D$MB$0L(Z0@410S03%Q*/(1T0$3()V8K4 MD,BD &DEZ1+Y6?(+Y+?)1RD=*5+*-,I7U*94.K60NI%Z*Y>4&\K]-/?7(3E# MG$,^&')Q:/^AYJ'O#3TWK,\P=-B[P\[D9>>]D/>OO#/YS^2C^8ORSP[O.]PT M_/WA%VC/TQRT#VF_T+'T 'TU_28CES&.\04SC(9>( M4D5\T4S1=^)^8H]XK022\"0S):>D_:5^Z>>R=)E4MD#VHQPG'RO?J>B@*%!\ MH+BAI"N+E"=5 U1AU59U&_5(]7+U30U3,T-S1@MKQVGWZ+KK[+IU^F9ZM?Y] M_?41K!&S1YP?B8R<./+(J/ZC8J-VC>X^VC5Z4T&; K3@LQ>:OJ!YX8,7JE$) MN@B];N 9WC:4&QG&N<:?3,--LTR7S,/,,\P7+,,L,RP7K<.L,ZV7;/FV.;8K M=H9]OKW"P744.VXZ)T][C]&SW]O;&O/M]&-]$WQE_ MKG^VOSP@"+P?3 F."JX+=03%U-?A >%7PV61O,B"2&54'?TLUB[FB7T='QB? M'+^08">6C&DRQCAFZ]AGQKXTMFP<;=R[XU/&&\9O+>Q;^$KA^1,E MYTO?3,!.F#'AVLN:ES>\TNN5%U\Y]RKGU1436T\,3#PZ::O&9_;>]D MPN1YDVNGF*;LGHJ=.F=J]33CM-VOXUY_Z_6Z-RQO["TB%2U\,_U-SYM'IN=/ M7S:CW8S$C',S13/7S,J>-676M=D%LW?-(W;>F_.J MY]OF'UY 7U#R=L^W)[]]\QW3.P<6#E^XLKA7\=3BV_^R_^O8NYQWURQZ;M&< MQ>F+(XM_?$_]WLXEE"7+W^_^_M3W:Y9ZEIY9)E^V?3EY^?(/>GY0M")U17C% MI0]'?OCM1\R/UJW,6?EN2>>2J1]#'X<_OOS)"Y\<^53PZ=;/*)^M7-5OU=NK M.ZR>LB9E37Q-^5K;VC/K=.OVK^>OW[IAR(;5GP_^?.G&9S8NV-1I4]'FC,VO M;*XK391>_\+WQ94MUBWGMA9L/;E-N^W0=MGVO3L$.[[ZDOWEMIVTG:5?#?MJ MXZ[<7>MW4W:OW4/:L^9KY.O5WR#?K-Y+VKMF'WG?NF^IWV[8/W3_Y@/Y![8< M9![\\A#OT)[#XL/[CZB.'#LZ\NB98Z9C%X^[CE>+/[7Y^^Y/*-YLV89F1D9 M+5N!HUF+UFTR6[5.MI-,DMV3O<"_5LV;-6_U;Q]U7T#MFD-34FZFI?2!4MNE MI+5+J=L.98&:IFE*_7&OH$E)36O2-!T,*:,E(%C=%@P_+2T5#+9I$U#/I(P# M]Z$F[9JV?P9'2^\@0YOU\7?$OS3]W>9]Z9]LZ23?7_XLP1"8T"*CNW;KW M>Z[_@.<'$A$2F4+-93!9; Z7QU*5!:RKWC=^?5 M#LPK%>B@2;/DO%)2HTF"=DV:/H-+;T^3-4/]'?K@7VK>D3[]W4^VM.A+D)=W M,@3V9W1^EEC6KR(YM?J9-6YB$_ZCF=V?V(-YG8!:I:4 Y:6U@_*AFNI%4P9 M?_0IR3R=']_B@<#>76%35?V[^;=^4S86OY?7,KQFW M]%8Q;UMA[_ZU&P_500%TFXW6&9)J3?=O M?ZB##NX8\WK,>Z53'?1LU9?%-X;^5'!;-OI\0?[6TJO/OUO;X1*EM)9#*:IH MVE%6,'SL,1FK(_2_^=%,O%Q\=49FW]I=Y_?5OMVG)/#(] ORMV>USJK=?+!Z MWWMEI44=ZJ#1CL)+_=?+6)VN-?OFU8ZRX4W_Y-.[1U73PEUY%4MKBG*/UL[2 MK-=,K-U2<%6RT5X'&?>NKH.6=/I%]5LUI@[J,R6K+&_FM/P?@J_505UN_2_- M5M._HN6YTR^-;^_H?&,\IF+I*]6$<+C;_.9A]^CO=_/>[-E9-?W0IQ>FO4$8 M91Z?50=M.=AN4/'J_&V9NS^J@SJ^5\.I&;9ZS-M#9NW$[^2TH ;>7[#AJ#FX M9V^PQ0L?E[3K- 99NN*3VY?JH,REY<':*4>WY5P53O M>QU BRGM)K'U@Z+>%+ M99]N?J-&7B-9MFS1E$K%Y0D;R'(.NC2UH&W:K,K?770]1O%/X[KGUD=*[[]FZ(.X@W;/65 R;_R7 -7KOWH M>,S*VGAH-6;/J'SQP;(Q"U:LF*<>X%[$&G1UR"<9'WS08A 72A7I2WK401.F MM@)*R!L_I/#XT(IFM0L\&!<".]7$TR?LXZ[L72WF!^9?7%#U>E$2G,*&X-CJ MH(D'*ZEU$,M95ES;J7-^=:1TUHXU15F7SU6_"A\') O]M?32$770:\9)=5#Q MU3KH"\VMXH5U4$FGT@L'JD[?RCH\MYI4O&7?;4P!&$/Y,J"E]9! MBU:7[ZN#,J9FU0XIV.V]QVW3P=H6QZM:\>J@INDUBTZ6G2IY[:/J_KX3R/;R\MPG9]\?4W>=U2-NXK7765M46K:JMG7A?GVEM0YZE554!_5:7-M#2B865 M2F!"%2>J995 !>G[QW^[L-D;]E4M:GM7GFC:?\^4G MNUZRH'9@X1:XT)8_X0!W**U\Q,[I.YL_Q[OV\Z#+-RI>.C3/]?7^EWX9T6G+ MJV>J%[2K[AGPKMU0_-VI.BCMT])V/RH+)[_J_'7M][.++J7")X>K$U6A_/:VW(/&R""D^JBT\<' MSUVVRQIM<]S[S!#3VH7Y@[7[%O=]X>7KG;H=S#G^\5_9S5D][E15%V RN_([YG7X*9*P?HD943BY=Q=K M"](2I[O3G/6F>6F)U[;2?!W3KN+95\3"I>]6!-NTQATR7)@X?[FGN.6MT3]5 M#!N:U1UU".:L&CGT9L'BZC:G')@.96NWNSNGD+- 'C*1TV:^2(:;/GYVW%BT:Y.LI8W'V9 M-1-*?RB.':S=^8ZS#N)COENQK?"%DEO]OR?609]4FSVI07 M\[[,NDK=7CBU>L(=OQE0TJ[FL](S[Y[.*'RAM!5K7$7+[=-/7.XR?=7\\9-- MQ8[#82SA:VG:F_-ZC#V>P6R=XN.6["DXP:AM_6+EJV?W+)B:_^KX]&_'9KW_ MSJ[>[Y8,<G"8Y;WSPI?_HS),7\0N[?!WLM&_2TE_J(,+^PBVW MGHM3)\9?WK)9?_#FYSD%U6W>*3HYA5#P==8.2>7 I3\_4S&GK'A$Y?YSRV9O M2<_I76F;WNZ@7?!,\[Z]U^\;>_2URJ4[;N]\P]/='=4>7KU^P9R9LLUS+A4= M^FK[T6-H-6[ET5]_6G*I"_S-]EL;-OIY^:?DWL-+;HVL7;7:^YH^?<*5M2=^ M+#+M.22)]S05GF:J1Y;VWIC9J=-/+D7N$W?"N.NVCJH.OOVG-.C M-[.\<&OLH5,?&*Z 6#RW]CMS;V+),'32ANO>.LB=OUP@F;JP8^FXCV,+MATD MOY>8-JB0_=%)P3%O67L:,>,$,[8<>QVT]G*^?L^75,D>EO@6N'M<[4W/'W26>J*9)QI@=D&LN6,@CK( MT[\F-C_R3IOJ!770ZOR2RYA;LDIWE:/:5#GD6>O6.JC3YCX7/]G*R-G8N\\& MTOI>A#3JY,W3WM^\LV9N'70&5 BO%V0@/<84O':D>_\=.6TH\Q6M$N*5+[\O MURJ''_MI];_V&'L;+B _G!M+WGE@ZIS>_N7GRTMW2K9?PVZTO[)@M6U=_)?2 MS,*TFPNG5)P^MO;&SY7!JC'5.&^'ZF&'WUL_@L,-YPR^BFN]9/'N+V:_<39[ MA,<7V? 9NVJ$3?-BIDVP;/6NP^Q/RDKKJ9L?K8.^F%^><_]\VOV5.7.C0-\=Q=73[]E M/>J(%-6FM*EEWORUTEX\(>N:LS=(+MNFGI74\DI.>RO[-7N-6-2I<,N0S9TN M=V\S*:>Z[^)3]D$W-@SM_,#]B+WA3/'+FWEQ#Z5L;CU[[#"1? MX.:S1E0#1A_W+;S$/'P+F,5;6OD7BEDC-R,;E\"?WN:M&E>8?K:_H@N"&3NL M;Z?#$>[MB2 [)3L_U_(O9C=P/3&R7F:<8\PF_(C) M.3-EK[KZ6U]:\MKDOJW_M3STS-P(K4G&=7Y%:>6 DNK%/YU;6S/SF\(Z2+2V MT^&7--L/%GQ?,!^[8XALP=7"Z=6_P3\3RAD VVG:\GVU/0O:%UX5P=7$?5O: MW$:*0/HLVU'1'Y2S1U]12T97+HR[402\/++S*.9L_:OF)_,HF^;W]\\\+]'\9 NFL-3\Z_]=SF;T$1D#'66ND\M^_DKU=Z=ZS,6E2=?[BT MK/.A?K5'5E=X/OF =WZR^V76^5'"BK+)BL][3-S_\JZ2/3V/EHS?7OQ9R?:2 M$PO.C=S(D$73%.-YR[ZK+1XZKL*X MM30C].N:V.+MF[/*3[U/N'!YPRLD_[F:2]U8L:SMA96#2J^4EJ_>?3FKV\:^ MX_><9,3#I35]>*SQS.\*MZP[O>K\J2MS"?;>3>>?5:S_<>9VVGO!R]J=,\:O M.IY_YE3^B9>>/4',3\?6EE=T?Z'67GR@E+RM?#.]M*A(?LU?].,/XY:XJDB% M6[]P>;.=IT_NO.&L?'?%ZB^G5G6O',%SW^K .C?DYWY=QYRX=*F5H_", M:-3KDZI[Q*M$H[]:T:]TV^?#"Z=XVWXUO [:G&T<)9E4>N98?E'TJ*P.LE>6 ME@U>X#D][E^'PBV7*VHAUWY)SRO_,>U^>+$P:W.;6/&H3PY<*ST.LPXC(GEHU:>??E9Q<_+2 M]1OG?:6<,N#(F<\^QT$#)_"&9M0TK03FG/Z1G73TS6_.E4R;O^9=SW#\B=@8 MQAM;6<.^6!COWR1T85>GFW.OO 1\[:M*3%7KK-6QEEO6?.R\RC;.'7W(Y*Q1 ML_JV:G+5M/VC+W]XI4_/5 TR$?V2.JQKZ0K^$EYHU>5^OWEX-;OFGZD,XE; MIY?1"B=F5L\H6,"^>:53N7LS5/M5[R;E'V[N]%GYL"^+E\Y;.33?^8'D ];B M;X:6^/NM6S_OU/D!5S_.V30W^]4AJ4=+9*SQM-<^&GC8K!ZS:\W-4Y]?_[SJ MU+[]MH/*,\MWFF94@J*Y9\4S-Y%(3W*-:,./(D*J2UL<_ MN'1C1H?SIT;O&SCB9-\S+Y^?MZ0HKGCSI=<*CR6 M7KYOHKO_H:$L;ZYO&#'EK9>\F4OP!7L] GP&7K\R^?GQ4+N%+ M^<2^9P)3YBXY#,K!'_P'E_=$>++*6:,VN=^M/C=V1.7ZL]ZB@O;7B[K%]N@W M5G29,I1&75=:NMZ[4'VQT_!;P7^PS\8%D&M#)*/+9$MUBM_NY#?)N/ MAB UM*Y?MI--^53_[(:L5W>+)?/U:YI^C+FQK;;Y4:!!864X"Z3ILH*I69V) M/?)[Q!9\J98YJ6O:<7>K[/+L^;:BX[W?;2YSM/#!KL+FL[ MN=L03NZ.'[_R/5^6&L:L?WO%!KE_11947CDS/U"4/7DT M/24P_7/CRG9%CBN8LCJH$I9T"G-.M9'^^K[C 75+K;?RII?Z+:7UXRH<^FE"7[QQ+. MC1IXD-_>-*-BV[.!KL$W2ZL[=FK2ENX'UX+:JIB?C*C;JN< M!Q2HK%FRN=C.F#Z/PY=J;=3G%?SLKK,-Z[86;.X:>CS+_5C]VVH M'E*5#H(><96[U%FYJ>P=I[=@=;60>W/.V#$B>JN%1',RN M4[\;[?_#C9)./Q26GRY,JX,NKAP+ MUK!;)P!OF I6?K^>*:P!-7I^I13$A8KPONN[L_9NOC:FX/+W[CIH^.K\\A:% MTW^:I9D."I5QU6W .G5].4BS&2T+:@<757I+052\ILD#Z]E!^; &&CCE;>+OIW-JT M_%IFM?F;0D%^.:OD%JMT2W%5:OT627;AMF6E+V3='E1PJ_ X !ZYX;U25O'; M#7_-G,W-*J/ <2?F#:[LM2JKY(_J..3M&M_38J.(+X[;Y]_3V87Z@['D= M_^&^%AD4^^4EXURK/AMU.GAQG7?;+]E?G.VGWMPYXE_SYH++Q5=O9?'VC^;4 M09DWR_-KIUS85EP](*>P;:9G70_I&50> ]34OJH"X%;X\+3/JM9%.6 MO?:C'T]?:PF2(C3W5N_UC^Q+KBY]O.OH_&6UQ[-:F&HVKMHT;GR_RDZKN-69 M?L/-;2/65N7N]2[VMQM7Q9C==,W,MUL=?;G8\#R?2#6]\\'!,1^5K+_6<\B; MEC?G]"W.E(U^G5G2PG/DI&=>S"GJ57ED([.JV>]V*K,>- M?V441*2?=55YU>Y*T=FB=&=!E[%-B(5=[%T2.;?65O3[,#ANX8]=)HI>7_>S M^XUC% KE[ ;LO(G=WXDI9QV>*0GO?^LLQ4I^YWD:ZACU_N86D6OY;R'Y Q8C M5<3\,[/R/VZ>=1581^T?F,N-7Q^8RWF@_HS*XMJ7S,E="9"3\[L%"\86;EFS MM)8TLO1&?T?A;=*!S8L>9W*XT%AX?.X-N&9B7G(7,'JF:%KW(<[BX[]=>NO0 M1J<]V&PVAKWOZHNE)./(GK>/SGTG-GG&V8\1W[7W;RWI//MG9^F\4W-BUNVS M<*&?E%OW[K>71@JK)]_NTDCTQP^YXZSCIS]L,(WLGE6O.]H_N&_6VJ-?7"W\ MH6&T_&E6_COC+N8?_OID[4N@N&U?!_7M?R,#K #'G9-4]0Z7U PH"92\"<)V MULG^9?"$C6W.K@L73E[8]*!E8\7$C^*I(W]25Q _WI7WPW0&MI\VT(:..?8[ MKCBZ32O#\XR![W;;]=SBSVRW6P\JJS[POO>UM[&'NP=.T47C.2MEC?/IT3>/ M#BC,K=K_6QW4,*)6_%K=<4]MYJWRTS_KSKZCV%G<$LG)_V+\T$.G5H9[Y5TF MU6X_ZNEZ_OW"05U6S]OUW57V&RMIS^7\/4N]^@3WYV^U"^^;=S*U(KGAG^EZU;02]EV>.T;OS,B3C7YZ,,P__3S MI]YVGW0=,!#IW_W-$:..+SDNJ#YX-:\ 7[ZSRY29RUOE:'DWEF+R5=Y=BV^- MGO#CD%FG>D[NN9SMP5# M7GQEPE>CNG9F?_'=I(''?NA>.V7S0$?^)_D[6^Y:N7$4^=+/JM9 F25?E<5G6'W3?HWU8//S!HTDVT\O5U;:IN]>V^+ZN< MOZ^R/S#I^9]X02Q(_W[CK0I-NG+L@?=*R[N6[%;GGONBVOW_VO?.J*:V=MVX M 7&#@#3I1A0$04":@"!1$5 1Z;U$I8E($02B0*("(EVI"@(B36FA(RV1$E"Z M@""AA(Z40 (2%B0D9WG/&>-N]_[./M\]]\<99XSOQQHCF=\UWLG2^ M_^D&71D0]:S3B (ZI^U>;J..3/?",6V?2/!)+A'MNE%UZ8 M(Q.?LG"!9&&*OW>AZEH?+: JI_VU9$3PT.VB'\%EV,EY7QE$2+M%'#R??>7\9:A%O' MMV.S%2+HG'NA2 $MT]LIJ,J0DFY6Q0F#O5=^OA%X]\#+L/5"2C376-&4=K*+ M6#4:Y_TT8)CT[O),M$/5I5C]&TQ37#>M(LEN^Y/+?@QN)@W0P&Q(Z3:@_YH! MZ5JVT#9?8$ .I\XA+X*Q1 8U]3RK2BH,==?H*8%;RW!*0^OX-/S@V+S1&LG-VH1<^W?"$_PKX0FE(H.Y3+( N_^K_)OCU"AL MM4?AUCR+BW/B4M"6=QU%R(C)59WM>O(I5:O 0(0!*LED)9\X?'. M>ESG@5,(F[U='WM$'&)\OY6E*/_1)P>6.6S0ISM-[@4$_3PM [/ -[_]Z>'J M@P$172T@X3)MO **[ANL/?[/#5@=:324RKJ/ =$&C97NM@0G"ZJWTD/A="8C M!N0Y3 M<,U2!';3IJV0I.OL-!D08]N>&O8-OXU=%66E4&GPG@J;'>9H!>0,Z MST>#((7_Y]8@^QDC5=MA!!BNPZ;9X6$,""F6&+^*'?-\%]*@N7^/?GDTEEH> M]ZU/M2.NRT?P#G+PV]6'^"^&6#NX4X,"V2!&T4(,1N3G4'A0>,]!!7L"[&^4 M^)=E_J5AURR0J+E'>,2 ; ^7T/F\]@I0#20H??P_^66,$D3U.L,2. 4;&^K"!4N@G4GK-% SXBI]B;E MX&_ OK.AZ1 &9.'YD%-U7"11X&8)MK6 20,E@[[^$45= ML005^5P^$_U1(0,R!_BH= MC,,M06B1(#2' 5JDKTQG@=4@*4R_5AVOPYM9QT^)^^,.9+L4TF<+:&=2LA84 M6N# -3!#X$S_S(:/H+A]0XX>(8X_P*!>Q3C-CV5NS2]\B)'@5W )*Q+I_7U2 MP7RR*&1TU9GF@?.7M,(O5,W?\;O3*ZQ2Y3T^ZJ]%_6]#*COT1TS)#,C_(*K_ M+[H;_T?5#?V7YOX+XS]C7/I'C.7W,O_=8H'1Z1[?7>\C*\-RN1[;>*7B@$-E M+SSGOXG.D>S>B[$$8LE_CT/DI-15 M%"EI&767/NRITTUURZ R( I=@AN!(3V$,V_7:U( MM*T6<-M6>;BS+4QV.-52SO N MR.W-MK5XJAJCR/3H^OC4P^&O".U?AOME#P^_S# GIPC7TL%?F6D+:*[KN1-7 M9K[73!#6SV)?K/-9A:[] ;[8/\K, E4,W^*P ]-4$!TW>C$#,F0!_7G6!]F. MDFW>_L_WPX!88Y?_8TK8UZS=J!P&)!0V=82L^W1IP&A* MX1&ZT6+6F^"\[6 9S+(AI-O;XM!ZV.%B[>O!0STVU:*>$"?F"ZCC$/.$!2WK! M<\>3$M9>"J,F25=E&YC20NYX:7?Z5#3-BRBD-&0B;R;MF;(A\:_7B+<-7J'5 M\CN^0L']WS4"'5@5D9[C-@43!5!M:2EQD7+T#&_?P_1.M6F)E%%*]PL,YX@S MVS=UJ?U1@!VE]RM&YC;TMU3+L'%[Y- D%(CVSZ&=K$$=KKIF#W_;4_Y;92TA/3;*,@_>F1;_8UVKNP' MTP;G#3!?N,[]LXKMUZ*YK!FN"%#6<'>ZVX /H2.2 4&KPGXDCK][&[7+M-#R M#RC_+_3_SV="G1B0XS?[(_?1>U!"P;I3,#XXH@)V".$X9PN7JXF0(!6'\].M M6 ^>^;#09/6GEQS-!$!&NP[Z%#:%AO.J:B2XBP\&.[D%+!W@.%Y\#U_']CND MG/W1[Z*S:6NDU..M"PCA^^5J5>X3-F-V>:/;LKA3 S6LRD6FL:7+=A8AA MGBT,M%037SWUT%S1]6(ZU_@](4SJJ/9$V)-]ZC\K .YB@5,G,JA7D3W:*B36 M")0K%,_E^+71*L_>W4<7#2AW5E:G6(_R^,TU;@A$/GMQ\8WD\YO]M-8NT!E. MK@-27#@&) Q:A=O&&8D@/&Q)T*?$^R(9QR9'K)[A[PBW#7YF]SS3$\G#Q^TM M)U,*[\2+'#1;(6O!'LZ.6.48(P;*H.M0_S&\U_&".&>+*-NP5CST/1$C'WSWEL M*="AFM3S;O1K5C.+=)9)U$9-IG5=5?O?&EY[R[OC[@PYONX]1T"&S=/T M>VRKM2RCE*H\A<[)#]<8=94O$R#8G\O!NAO%XKE:U]DG@5(C;D3"TNIJPN*E MA /7(D4^!6JHF]2<65R"ZR"_$*JV'Z&F7>1/=[[34RU4'BZ!TL22]-644,WF2$[EDWJ> ?-1F86&R2/0 M\) +# CK%6"8:KQ7B!$" JZ(+J49A4L.E?3U9,YO&-J;/2+;1;60AQ4:.) MEI!.K)@V1NB3XMN->'1NJ1GXY2,>3LQ8K+:=&S@;&D/KE 6S4>=U0%YM=8?J M"/09D7KC9^0,6K4EAR6M58AJ;0'P6QX[(N%Q)Y,S)W*=PJUI$VN7V8H]=.@' MHJ<6RPZ_>G\]U6LI+A4A\,A"W;*-QH975=0'DLD!LYP;:TFUIFL]0POE M715:18H=EEWN%XU]3*OJT$C+G.('EML8NI5*N^M+VI'#*6=R*6'0".@C.34[2I YX_.6;?/+ MWUA/&DKVO/95JBJ3B-D_/^5URT=] 2P3\ M&&4><*!R(O1&K('DF2*'_>>N9)[3[KF5L$ U=8:4/9V4=!>5GS\(' @?]).? M3J%WP=@;E0.IRC2-3#CG;:5K=,%!L5Q/[6/=!.=G_;9:Y; M)20&N,L&%>*; F5/=Y>_/ @=EOG0:>HN>R*AWI-@A?JXQPDC^7%]_%Q2NE9, MXR47& _>M2[>IN!93L0V^FU"/"913G! %OV1,);>]@) -6-.9/;A M$O4V]=^L6,8ZA?@\RWO9^AJG:'$0=^O%J(7-,S9EQW2J((+=$+A)/493)-'C M/5E*L_( ^/4HB?#?BJ"5>C:]9RO+W5RU*I5Y$ZZ@%YUF,PFC@W2VCAGW8%F^ MAW>1AP"T7&\R2\6!V6KK+;BBN*[H@2'DJK0@_LR/TM=HR2YE=ZO6Z6D9WWRT M0$]W9LU77W0S[7O6:6!RTWYM81$708'N/:!PY M0/0,WVZ5L%?#.P;$!9^AC2L=[YG7^B!3\!AT$2/\B51>$&D#;5XZ@8C6(:U; M-V49DP@I(S7"L8FC$Z=,W9P[8[=G3PD9G-2TOC'KNP9LTSE?,B")UW\6I#JA MZ;-K*YOKE'LD>)OWMZ IMU:%,:;IMA';IUD>Q8[?C\B6WXM&)#D()IR,"J5' M^D-3CRRP=GZX_)*GYY!N,JF45RA)GV=AUM:S70VYDM"4.&B0YT$(>J@6UUD^/@*91MSK"J!TNV^ MZS11I"\2YHDSZO35Y_\N[$9TG^: 4_039YV5EJ4^?@%XKJ?RM2=)3IZOG<@O- MLTXE!ME4K9;D]']O752],RO[Q=(G[,';$0?>/2/CO5APNE("*\JK+]I*FXW$ M,?)L<41.ICO !XC0*-3WE:854\QV8\ M6)]\Z:'+VKMB/#+5@SDU+19P+'[>SL[,&GJ<&,.S[\9E?F"/ =G_&0I\:Z\# M'29("!F0@3VEQEDZYT%R. 7[?\![P3$T8 "-N+\G>[W\X.C&S;-W!>RL^A^, M*)]A#91J>DA8]N)YL-*5?5+F7H3F5X?E9+07\;[6^E8B]\'W3A*)Z:DRQ,H@ M>%?=+A@-N)5H[&?D@C%L0#_^FN^.W+O8_7VK4:/M['N5I8AV92+<&-F>13+E M"H/5YF5LTV31O"$-Y@,S-N@?T6/NI[9$5)RJ-*+.J^7[:'WJ>G-JWXWKLOD ME!3:.DO1(&4]MC.J3FQ51EPG$NM( M'92C))?2.K("SA(#K1URF"FKX;[B%_2N'F)S\XFD.]1K?KPYX,36>..2$N]8%)V]*40:7:760F)YT!=^G M=[-WW^6^K2,=9!^EM[GR+&71^/!'"&WAWJ@W39,BL6?7 MM':L+$>XE7H\?=+3[_;77VZ($W0>64BE\4"GW5:-9K%XG5:,/ "2.ZH.D#'] M)?">VW0\[S+[0:)HRN %Z4L6BO8R.(G8&B'[-\;=$/[=9KAFFZ"PX#6[O @S MDVJBJFLF]N$JF/HNEB?.%,Z<7LYS.[S>Z !R!*F)(V8D,XH,F/ZQMF\[2O?_ MZ/$V)EO,9U'\/"9/D.4+9D)L12XV]Q1;I27CVDACE86:NB*%RL?*3![C8MX0M.NZK!',%+@ M;%>UQ<'9".!L10AO<_(UM92TF-\%$K7$;[",R'/N'R;BL4%D/6ETH'I?D2O? MNR]%?,F2+AXK;VTG,!VIJ2XJ)+_WIAS8VVOK@R&839(._7<4F-SB@2U2*)U- MD=2!0V?GB>Z8SHZ\/^8IHCXU"2 Q:0M(J! M>35IMF#. '=J!":52.%5^)#>>#^?FI)BFT_+2W/=Y'B"6[)MU*[:M.4 MRQJD7X@^>;Q__$G/%$82Y%:N] $XR1(^9@<'PF>-(E*S#@1KSK(#(L;U7^>X M:UXX\2G:Y1J?!S(?M'$?5(Q2QU]+4=S_<>\[3A#G81"=P5:M:'U-2]PR;UWV M\]K::GK%B&.[O[J_10&;8%1%LKKMERI+O&Q5Z8_^]V^^!V $^U=_C E:3G88 M/98KF7%\H1?%;Q["MP\>"279M/ MV*D2,:W'.^[R#WGY^(J$XI#3)E$;2EH;-5:1B#034T_5DMVJGSKA=ZTT\^R3 M;).J1",C60;D%8[>*\RQ&(YR0^];>IC4QY242+31'F)\X/5'0< M53P4*^1R;U[\@KBOP)9O5 SZ;-L-191]MI>G5V:/=@8#PD,>]11UA"Y_]?94 MME)'OGY.>Y<(Q;UK]\HAHI MF7C8]]E$LE7 L+]!J0<3>/>GJTEWJ1ZZY*=9K;#?I81 JXKN/A9 M,1=55NLUU9.&HPUG BC9>'.]Q+LN^:,UQZZFWN"C+]Z*VEHBV[46HEDNJLR; MS23X>L^E5Q!JOS_8^,1OQ1)5=+)=1%8WA&+EMDB@B<*H2K3S>^]0KNN0)1B7 MEE01HL%T,-B*,E84Q&)*TJ'(OMS.Z,X1R= ?&M$%#>#N7H)__.^H9B5YC"#M M!LFA/5,UUL BU*1_RUPHLW>:2G1J/:E^=.[(!68V:K10CB!:=?$KMM(I)3?) M2=YYJVEKL]:LDGHB=<11M3:@SC.OI& 'VDL@NH,CZP*;)/BL:_4TG!E0P\$/ M:3&Y^4MN1VQINA][(?Q[R\&K>4-RG<4F'2?9&FA)-WY+8MJ*;L8R:=V\"?:5 M_@#XJ45L':#=)[!ZW^=^FPRO%ED'W'LT84::7-D;=_D>1 R1(C;N@="XIH+/./\0S0C,*)+WTQ]$8U^Z.FXJ$\ M&&UZOQG-'K#)04?GC*BL!#D$Z44MJ'M/94XJ\XQ?DG"Q<;IM*2%=LK _7MQ> M8W27&"63UZ[>1U0@JNO)V#>6>+ABJ#OK_2])"R++<)-$+[6F'_4H?RS31L-' M LF<"^_7#*N@I$]! 6=H5*VCQL!]P1_2JH-NB%,2*>K,)Q%+%,>Z?=T7K_$^ MES#VU5@'CL%H/(NSV)8^O((AD$WVG6T[(OPE6,WIWI'4M\MGQQP(X.&6>E6V"G'%VI?KNIA%UMVVR [+%D:.S'B\PC0X5-6B'AA_ M6K?,L->U,1JER5["!-BNQO=P ?(%--ZBV4"B&)FUE<"CS;&-\)QT ]^X5^5+Y_S^'7>FYW9'Q7*V?&/,O\S M*)=OD,V=3$\'1C>^'>F5LZ]_I4:]5*XBT\EI5R),37.;SJ+Q5-(/3)-;4&-2 MS0P(;_#-:3W :EJ!S0,V-FG1O2+VM=ET-26 TCQI'I/PKMT76R_WA-B\U_TV M:K9/>5S/W<:R-*&BPN#M3LWHE^1Y\S*^C+.�TUU' ^$\>32W][3?0?1%IR MR55^6"TE]<373=@T\P>';XM0K_B8D<=M4 ZN7:K1IG;\TXF\9__QEFWT]MNH M[;[7_^7%6[6_E /]M19[$;"BZ_+!6D*D!%&?%KGI"AM@5\RCG;*_NS#\GSQ, MC-%_ U!+ P04 " !U@592/2;_PT<2 @!]G0( % &EP9W M,C R,#$R M,S%?9S(N:G!G[+MW5%/=^R]X$*5WI A"E*I28J&H(,%&$1$L="4@TH6H" 2) M"46Z$!$!@1>BT@1$>A&0T%$0D2Z@D 1!*8$$)1Q)NX?OO3/SS_UC[EWSFS6S MUGM8)RNL/#G[V4_]?/;>X7[ED@")"V:69@#/#A[ #?H#N*N V.E;J)N>@"< M73S<:> LL(-G^]I^W;%][>3=?MVUCS _[AX=O#NW,7'#ZDA# G424#J\_)"2N^"-(8^?0A]#NR4 MW"6U_\AI/NG+[OPJ=WW8S7M1@D*RLW.WL'1R=GCEJ>7MX^O7]#]X)!0=-B#Z$GR)2Y'_,+/W\M+M'7?__98&R"?[>VY\4#\/+\']?_=%Z2T+QV;/N M?WM>/#M"MP4D=^[:?X1/ZO1E?O>[TBI'(P5VGTE]6=4NJ'KL"DWFYKTA(5DU M/;(Z?7MJ_YG9_[V)1?UOS>S_G-C_-:\I0(27!W(>KR2 ,!-!HP=QP4";4"M M"NI'^BS9O ,_W=RE+, %'JEV*<0P6\LIHI<<"Q,V3KQTS'?T5 R96TS16A$' M'TUSA+*X@&4(%^B+?<<%>E]S@6AKXOQ!0MTLNP6WN/Z S7DAW@;[GPK&6Q-) M)80_F2C6:W\"ZP$1]_I?T7]%_Q7]5_1?T7]%_Q7]5_1?T7]%_Q7]5_1?T?__ MBY;-$4%M.$MJC2/$SP5VAH,!I+4$F!2"]"K[YV,W>LH[DYR @)?+6V_$ ^EG MU'5[G"I/\\O+L-T=*.(LY=]<0*.&AN#T\>5S@0*5"&,NP!$UX +/BK 3. := M"Q1_7-[<(@(XT@CJ[P5O:B@70,&V,'F0-L"KQ /_WO\/W15=,/#43XZU-PG' M?B9JS@4LSF-G_[_J(5YZ$@/D E%/.2-$FFT%J!T;#07>67:"B8$_0@2C5.AW MKYT>1($_6MUYLGMBLMQY=6MF_ =FO$Q*^?[=$O3X8](Z<9W!& M<$K5R FGS.$%PQTA%0)P[;--B^R7QPI]"'(8;XK1H.CR1%GUS)*XA'!2#EQG M4,1D?-'+8E&E\I36EO9HG8Z1VN'$4K*PM7_[*RK'-W.Q6B/JU^,K4# MI"Q)/-D "P\]MX +M%\E^A) E9\L*4U20P?5X:H5%Y@RZFE55C!N6JWN^.,X MX"V"FW(NX^_[9K5@+9!\/4#'A"&B>J1A&%:YQI(6[E368L>Q#I9Q)G"RG /H M"4IQ"N:@[QMT;V\F87?=:WU%8>9K>]RA=O*[\]4I7S^H)M^TNZ*RZ]FJ2NL. M+A#=Q]FU3*P57QFCJ3(XH Z;*.^3>7#^Z\5#_8F5AWIN,H,7-2=YXMPR M/;_^X5!98!MP6 N*[*A3&(T)Q.TU\*3AG UUD-8DJ(M58IV@$Q+7U.EJ"/W" M'YEWO_O:IZJFR']Z.G OG_E$ZFX/[BS"E_@5=1'Z>B+V$ZS!<*6)\:2^KA3C MY3++_\TJDO'0;Z)]1BYOH '66'Y(X!\N,'CBEM(OWE^(%&+= +$+^?5J)Q>0 MXP*>**FR9:3B?;:6)6B-:] 17:U.W-]\BY]SG1Q6X7GQA_JS_-<5'U"@?C$% MWXO'$VF7!Y.5>=DON(#O8&*>\3"+YZ659NR;%BG],GN=YII)#T?6U3X?\#WX3#/M086 AT*59/7O MM&\3'K1B!I%=Q@7")9[CV(UA%SI#)"3"=%M2=:5_53^(",/2KY2XYK))+ MKCPR371^VO*N?,/MC['W%+Y7,I\+\C_'M5_"R'G2I3EBZZ 5*=?<95SOE[X6 M3JQ3?3-N(^P-W)UOF+0:2^%S4@DT67_BS[!A.$/><>%TSE9-=(L&S36TXZ)3 ML/O0.9^XP*,X"G^B\6G<6__0GC,B.17Z@D6IH>E7VH5BIXZ*[0)N0SEX%N'G MP@6^SC%,Z!6]2!'TO8"@KO&3+LZ@9N=X/56OJ;[A+C-'T3,9Z\WG;8:Y5U60 M/&2-@4H@7R.N_8+Q628&>@:BD&;8O;9G\ W+#+SZ1DFSRZ%A0MES@/UH?J&R MY4G>N\OZK>$Y1VV<&6O)>0= *GV$L3FBQP4B9H4PQ^80HMA!!MZD@3^^)4 7 M+T"/+?&.WU$;(I=W.^/!Q?6:@]=XF8$:.Y^UL4+8S^MP\3#::1OP.)L#8[G0 M,G)(1*BP*6L.I!D?E?]?>M\+1'_47?HH,6Y]Z>_M<&V MYSJK; #F,$VP'3-\()LF/F>8TB).:<8GU2O(C!=#KMGKY^R3UW%#RRZ7C"[_ M:3&[F?&E\F9S[$CTQ\']3!_6,3JR P\:^K?!:),WH&RW$)&NKUV_+=2MN-3RYL'F)I.TA)@?3L/T#HSUH8+WJ;T,P M[B@X<)YO]($(CM!+I@IV%+:+2,I&5,U2B60ND&"B#V;1-,1CE7>]IZ]UP.3! M:L[FV>&-8T7.EM)_=UR>=_RF55B;C"3@] M)ZZ$.4X;P74XD-[[=S_XR4@I1+UR63PP['O3P6@!_3/6T_Q)EKJTV8W<_A-_ MK1@0.(PZB&LWQI%(B.@08D-HN[47,A8IW7)^YQ=_A?W-OL;,70&ZHF_$4NMGU>2,=M<< !A$<']%%]0*>3G" M=70$I9@ZP0Q@7:2KL! T8OS<%ZPB2XG6FPC7^\[7X2$WI9ZQ8.2D8KC>*U*_ M5''"S=G7Q6>'_D4"J&5.]:BF4^J]HO:X7HQT7>I/G^5MUQM#SBCD6%$110 M']W&<3YK4W(,9W8"5O#7,!A-42[6K0M"O7",&*$2LSNFOJ2.V5(T3N&KAZ_O,J)]R4,\=\2-_X:Q_'\K^3A8U&O5LV$<]2(&TS]9 M<*!$2@7(.2TD^/&CR2DNP"\.C77=&(*M.PELO+;^VB.#D""6%1A=:E6 /K@A M<*YRL7^O^VH=?W)C9I]]@IUXWZV\H^WI3C9%T/?$3/8O04T804HG"'"TP*CQ M&6$N(+TXE5+^<->KU-U!UY<:TDZ^N&EA^]GTHZ;\CXDV NU!YDHA7972L%(. M-;1\FBL^"%>(T9[8L$+L-O>7#/+U+RU\;M70:S'N+T_1K+E>?/L)ST8F2SH( MLEXAY@H[ND61CF1,@N_H6A2Y;EBBLG0M72Z!Y?":936N$ZC7T!H3>+-V9'QJ M0:_2Y7ZJ1-BA=\%>GX=+B5#"M^]#D%X3:G$=%> A0A>4"KW4]G--0\5HS6B??M>GLQGEX=&'Q_G0N8X4B97$#66)W> M"2E#,Z+@HO3EW][6A\4TJ60DFLYC$[\?\ULW==5-14A=,['W?\EJ\N-5B MV]>Y3]I4@5@[&,_1^@II/98'8\?=7YNRHFP4=P2$7QF^])*4C)@3C]/5PRS51E*M%T35'?7G5'"!WHWE$-XH+=!Q7W RUO]=MK+D/,_2A>,^> M=A7BK>UXQ=%LUL1P[49Z-DE$D1;^TJ7-O#WTN!ZC"CETB#7.,9PY%KML/NR> MI=&8FFUIT5S?)#2,GL1WB?U,9*&@9+F*L6"_PI'F4%,P"I)ZEND$=9FXV%8> M-*]SG#4-T8[;"18M6]00FY[HY3/-PC53_&M$5#0??C;\>,<@[&Y),O$RD021 MA1HND(3P(WSEG8.M+)/VG%F>.0P&ERY.*=1&RKI,U.-4##PZRCY(RC-$K+%7 M((=DP.3T<"(L77"9*8_N,QABW27/[CU?.BS_7J#WW M1')=[Y? KG< ^=2]!";FD M@(C7.[[A[]7>:+*;UMOEJ)7NF-1E)_#X \? M8#RQQO^X504M1UYC.-*)2;?UZLLZJ(53;X#>^)AIT31P-7<"$@G\"C3$)>A=G MHLZ?^L7+D.8([:%5G*N'O!+,LAMNT:<@I'^%*N\!?2N6L$KC>@AY/X-,AESE MU^O6(LO!NY>//7O"-[7:=[?2;"TIPHOTT>' @.O>NN_[ZN6JQ"ZKW:D^ MU/74)N_^Q^K-ZW3Y$"'S%*V7?W:["UUP3EU/>?B<&%UL2IIK'ON6,S^0].__)NR:9<#_E]9"K"I)5= MV:+_&E3DB+;DS"%B3 ZP3*OH102:ZCFZ$O&Q&XA_H_LZV#) ^U;&_-OS$\_G MOS[]8&F3%6$K*),#-?,\,*>7"R@@2/](L[#@!-V_IU6?'KR&K_,7#,;+HT=L M1R=U/*RLG[RZ_NE7HH#FO.V]@4&-9IMIP\[LB40BZ>L-%TL:AZ ^UL?I:SKU M,59=O>6U7IEEX6WQU5[%AB'_SPC2YP!OJU$B*=5!X6'RRCV;8HS#N/O[!!<= MZ5K9>X#Y[8)$;&R$R3/V<\Y.T'F:(R3'-/-U<#U&G^=D%BWFR5C+G1LS4?,W M-#CI^'[D;4&["B]\ONM(9+SCNW!E-$XF5+YCGL<)XP.S>S/41Y_Y'K M2S,F=$8Z&2GJJ[%R7N=[]RC)6N5.]R/9_KOW.O?&&\R'[C V9!32#7OP*;#Z MXFB.)&87&$">E?=%[,J/ZW$UJJ3S/U8?HDX[MR129L\U_+Y9W7RT]D@Y=;G# M-B"HN#]U_0?O L2FXSA".7.ST],," JVSTYI=:\O$:2Q,+!IB<-8^#M(""_R M"Y6^GD]^9V+WL2G.AW*\NXG^1&M%?$J1(3V&\(5 *-,4+*>+SSETZ6B2-V.- M1=6?N8K2;+IR74RC'<86FN&,G/RB;Z=5X]W/"QF*]@3>DRAAG:7GU=#-.0*& M4)3#?G&!6L-NFQV^)@(@BCZ\[I\;>O&+\7F-PF+GQ0>%;2E_'A92 VH8+G^L M!K7/&9Q3.?UD$C%\\Z1%E,77HY5]E2=VVO+_GH9@3U<3B*=O MG=FI[ROF7GP&NQKT4EQ(>% 5QBK/94*L[^M9"C^'4+Z\ <6(, 3*#KQ@%Q!7 MXD "%[#.W,U#96^%(;9- /F-ACJ X0'5<,E8&74;:9,DP&;C?$-*2 H5=:X9: MSI-Y7/\O MI Q_ .8J.,G4Q'Y![E!D^+)?835 !83<8O8K,&6D$RFUD>0(QR3EZ"<\MKPG MZ:@]+-K'L^]Q6B1^7!S4L!M,P1YA*36RFSA'T/JUXG*8>XF]+@HBU:B'TJ<3 MOYD7+))3Q(R+,NBC[,D-K<@1F;_\T(!5/368,':6.X;ZT-"5WU_B3F#MZERJ M*>PEL:Z!)4TD_^S.L=F+$6$G(WPJ4DQ$P4Z2N/ OSJ&1HAKV2XQU<$ 8HS_Y M=, ;W5>MHT6/U7Y>:#S3;?LB=>\1GF>PC&F&_4*L"\F: M4V1K0J0=W[*?G&OC.HKQIC#+K?\P![28_M3A]]__# _^>)A'&>I]3JW]&WGI MBR0V S2GRUT"B;3\3IAL;;+!0M](M[)R]1CU]MHU[2_F03LN5GW@YQD]OE., M](6_&UG+!59$2]%!9'.J)?,ZYC+[)5;G.YC"-*>+-=,V+PYACX+1%T>,=7Q] M"PC5.N\+DW\\69JAP-+C!B-X!UQ+6G.L ?4XZ^S2R&( M"1'Z*N\V.*A);.<"BB;%S#/H,G)KF@>% +MAS9A..AV VO5LXFY=SYK!TBI5 M0U@OISY^WN-W]5%V%1D&JG*!3G^;23]8#,2;F70O)N7VUH$ F[DK&+OQGJ:F M2?P",=:F+B99]NJS^NGYVW9F]OW2?Z'!^9.Q@S@)UBZF*PMB.%%QTV#(FBWM M84JR+[G<-=SGHY56O]*%.=L8ME>AS_4$M--4C$DR\_$($0HE(2D+0[.#3PAPA?IH# M(P$:YQKG"T+B(@'6(DU2P@ZV<0&)\E71W&ZR79KU;\T,B4)=G<#Y>O<[$49O M(O&#BD9T'.U>7#MQ#Y3<<"[@!G\$\3G48CFG8SY'2-#5 MK7O>DQ.LU9)JB?URSMEQC+[;1TY^K[>Q(4LAA^;0@X!!EBXAU,)9NS,MAP(# M6F'-RQD*EUZJ5Z48];.OVJ5LN#]^PAMF/R2;:G[ .^[XMV.K!%JX.>3,#CQ3 M&[)04=D2L'65<8,=&,-CO?1/H29A#"=Z7.\-H\ZK MRU/CF<4"QIKD9@MGI[KW?O/CLS:5R=(+7ME+CAY_3^\[9GA>'P)..S_N@XQ@ M '71#G'6%RX@R 46\\9;1ABQ=/,>+I"";$#&MH6?B53C M\W,G[J/%$_6UG&Z.W!2729Y]SL@._W[=^&(BS^B*I_UWY0.\/RM _20HX"EK MTVN,0Q-8!4P0O65KHHL8:Z*:<2'+J/(M:V!FAEX" F00KO7%$'-[B^L"\-_!JDX?G#Z\HA(_3WGV6,= M].E+J4T9YVZG:QXX41%ES/^&!1'T*"%H3A_&FR":1.1;A+I> 'UAP6Q4KUP. M^?#LQ)#$<]%%MM M] #O$@K<7YC,*80,U0P:TJVZE0_3X?'&EA #V^&X9*(ZSKI,2:)>65B?9_7J MNJXZ"=U;.=PH+W0D1GZ+TFH+:2++!?I@1&\44WTKE!/A/X7SADU=; ,&4-;BD+1 9"3TI/Q98>)M6+*K*-A<@#E P\<' MMMB(]PQ*#/ UA*)O>S1&+0U3&%9A.P?N=)LFW]48)'\K+H%JV!@1ZFH\VUUM MF/BG]ZU#&Y%V%3XIS<@'ST+VJ64_(0:LB; NTHN[\)$0JA;'P$+I_"2(-&+L M<&$O%[/QD_O0GLR3?<;-6A'4@)@I-R^[Y(BL,Q'83LA=>Q&^Q.V]F:NSH&I% M;.MASM@B#@I'I16%M[FOEYMT5K;.-575Y/E(<0QKT-F:;HT>>^Q^>VPOG^*. M$$F3:XG9!*HU+8U1 Y!)5"878P]AFXX"YXELX4=JQO?@52*O_@*TRO..9L6 M[?^Z0[YILG/S8V_&D/5E55-336UCH\YWWVN_"=NZ2JF$YQ^U]1 MK#.N?1GJ0,F#L03&=1W$G\'2+_SO.!]QE>:))MJCZ<7S3X\^1>DW*:H&R6LG MQ9P(/-SEL,+/D@KE7/9D0KAJD@A"R/=B2#"X" 7#N3H"U )IH;-MXA+H5XA* MQZ6&/+&')Y=^_K"*\2VJNU) "SJIAUL3L>5?AK%DDLCVN278=I-]RC Z\7'+ M,1SYZY\?0_H5@NCI*R/P\F@_V=3CQZ8_XW5_K<=]@G<:!F7_Y>>(Y2-W8_N0 MM(L58A@;=@Y6AW6:9A,/$?(FK]2 ,C"<8E:%,LZXTHY32[U(63XVWU&_:'AX MJO$XX#!-H-DIV4]-,'3'609J9J/&-A2DF,])I9>84]\W%AH\=A[9MS20J6W* M+_2XE\<2)H-K_T%8CV<;WDS#BD.MO MT_#=WQ7)RC$47V-W?WIGEVYVX4KY;?78A?'PG_6IWD=EA%1W&FD<[VL80=+. MXB$\/L&2R><(2A> -8S.EG&S9H/"$O0#9K>)\NBJGLM[9Z.;4J?.''R3IYEX M_809NB]:6ZQ-+'H=P1&",_=B1V>@DAMU#-LW6U_1"4_B&-)[VYO%=Z#OX1)F M!3#G*%8$I86*-8(25Y9[63[\*,;%'_GIB>@XRNZ&X3667$CWQT_P, M 1JL&_F5"W0H.,2T:***WN881NG%JR88'WDH /,9R=8#=J1,1[N%E:A8/;8X MP$MK8$"U,2H3UWZ.2$I U&UVYN(X0J)0$R1(F?!A0FG*R14N?EAUNLQJI.>8<^] M*X[5.U-K1,IV!8-R'-'Z5G8]PGL0/.3U$K)%([LR/T,?E*9-= ^#-\=_U,9. M*9E?^;*GN[97V?,9T3N%HLQGO&D<./4"1KQ_^3RP^[_@E@&WJ4,+%_CXA@5Q MK.K(UQ P$*B87F)!6#-Z!O=C' M!_4G34=R?1[;\$/5J+YI=?S8XM<:90?SY M>PK+!1Q(XBR% "YP\"+[+1>@SG$!F[2)M8W_$FVW;_0:%<\$.+W$!BX026V% M<280.VKQ\I..%L.^#H9F%O#[/V\'^OLW[M%LT/1;_4HR&/LFMNM.Z[;'K#F? MIG0)OF0B#+U&F>VR$?MZ4A'!S[H $LO]3QZ^UO-AOBJ/U!ZJ0 JP2D\WE]\K M\O#$>< 37='6*D2?C4:U*J&G.TYZ59#9E[I7ZI2DKU:EA%N5>=TH%WG2>("> M3BK9*=FCM8"$^D.[ O$6/([#-V8"-4,0X@;J\SL'6XY7^&G,%.9IS3Z]K8&P;:U*;RL+/4N2L5: M\>.Q&JF41GZ?CHC\+IPG'%059TFG,6!@>1B]@>$([G\#FG=M/=;0N7JY'LRA M:$7B]J1['KPKT_-2S4'HEFV7Q1O!P9+!T6>V_'TS)R&/:.':C[>J20&V9X_V8 M+\,N:4(N KSO?Y0;?&F^YZFS(-=+S_B>%Y3G-[";YP>BQGL%SC3D?-CB HG& M-C35,W2#W+ Y:[\ CVZ=,I;9A'[\AHZ99[)GR]-39QCW?T_>3+[X\FSZ^>LD M'M>'3(__^)#T#Y%F"XN71>Y&W!:/V(I+UH>&FEILD$-*!"\[4O?K7B^PG9HU MW^U6]7$J6J.5\"K"Y Z["$=*@U464]-HTYTX 82?>.R,)KTXEJ7V84LV_0U4 M;U35KKPR]M>+"08FI'>F?K$Z&+;CG6+EW1L5CW#N%9.X=ESU]\$5AR*6T;M6 M$!E,9GPIH&7&8ZQ>+U5I9-]);)]NH)!*EO07@P4X(S$(1> M)C^>2JO-V]=(@^,WA(^47YR$WPT6OD"S-)+"856=KNW5*HW@+^,,(*KQ;3:3 MTNV&6%Z0GZ0W1 VV=G[H<.-]X_N\=2[@..IU(IO!6)W_D;=*_GQ,[>U !+ / MX']UV11FS-I&W:[8#P1)#L**Z?#+56Z<)4@W6QHJ#X;!, 9T_9DXW.N.]B E M4GUP[!],ZC^#>^,V?0?[#JVUB8,:Q)54YDF,UQC1%R>"5N "2)#PMO/'$D$* M$U3QW?_!MR=4P1^]=T-5V=DZ$9J90+)!1&-;=_AV7!'E$#?ADVMS^!Z4"/8+ M0O+^FJPUA;CKHQ'HS 6LP,P*WRK?QZ'C(=6G69^Z.G]Y/W@J>*^?[;R M7A8N-M5GF225.9X-]0[B/1WD'RS_]$2^YZ$/2Y,B!5(")W9*9^C\-DI)56[%/CXJZM)LG+7$1 M8TDFBJ-[.S=GI.@AT=ZEOLZY!1E-&5FOIPH8FWN=Y'R8%6XQ>@/RD@SC3319AC1R*.]*Z8M^U1KRM< V^3_9!WCGX9*X=BDB*<=5B_W:@UUG?)KFTA6* MD+DYZM::U*M#]^^B_-6,58]5>=/TA,=>S;&#I\%M.KG%8Q!'TI.6MBR[HA*QI.;SP?7^H^'%/H$/!"-X2.M+YLJGR,=I4A 8K2 M''HA]B8SCI-%]_?8ASQU7N0W16W6YE M2)DJ1M5/"/'&\LJL0'8?0/(22<^@4BW7KF/>N;FIK GFS+UF[0^2Z8W^0TP@ M[MX("+_T92'^YIZ -X'%_IY/]_&G:YD-RO(D/_OMFLJ\A/T VX&[C1!V!+7F M5E,IHN871NJL BZ,]YO1QZOR-:>H14[4!=S*]&N1Y-U#!:^1(;WG/=MMS8N& M3/>B$G'>:X],3HZTJ!>AU]J7*S0C,:<#WJ*O!-QCA']<"3Z@FG$\D+686_#4 MSJF I\ +8? @PCR3,P4!:BODUW".T('[$#2X37BT5?R86FN9%Z!U*:VW:3XY MM_9-I,+YANKWL3KSUT3G0]WRL!Z$%Z]?B&F2BE=^T_(9&-"\F"4(>N3[28)7 M+4<\1FJIJM?I,HRW.BMS\> O^F(/M^>'E!'5]IM3T#9'M/(>-/\1.;1 M1."'B2R+#[2B69%O(_A,I- G$>+HD)W/U8LR@_6NU'SZ]/O2! _K9YYY2.I/ M[Z/-52'WNK+_=FXO(TA Y>LPZP1]B_D,SI@EV+6<2RVAR2PQ-F);9^M M<5B9H%MUXQ1,)'YA#];0-5-0XYO=$U,57>7AUZSMR1Y'U*H['X;KG7]JK)(; M?;.TE'0HGUN&:G:BHO!V@)0U_"50DV8V7LXP*?).* M%X=FT&6V+T:: G-U>8_S%.(G0_' M^>,?0;0+ I/^-C'.Q>VPE"F#DA+0Q:4V_(:'Y0CF\NM%__! 4%RDPMT8KG:; M3TCVT.E]CZ7$PR#$9[-R%1IXE)V,(.4V:122<5]_DC-*2%1-AU;#IA0\%Q < MKWOMU'_/P^(3%_!N;&91RN[ .&-@&!N746[#HX1"OXE M"P2O":*S9XX')^MZ'=)PG+?,WY=BEV$QU+XWZL7$W?/ T?'QJ9XI(RTM-#E6 MON/\;@N9RZ9MMOP 3]N.5H_M'8=D(NT2 3P 2]'&JG"^(GGK;!3]FCQKIA=1 MX73%+EF:DQGU_;ABN#](CC\&7.K:,_6.F0^S&3*%Z6!<(?OI<=IQM>)1^6 M?:1S5IKE0?X:%? %8\T\AY[9^O2LI\,]Q_'6S<.'+=1NMF9_T=/1[-B2R8R] M+ZQ>7SE2KEI777_&(E%^5&7?YTL[(D[\*;MORP^CSY(0G".GQU_&V&6ZQPA7F]/OF^\Q'6=[VCC5+'LIR,G2+.BTS3ZPR9TE-,)2W M=ZES[1%?I\DF):3^@,!;.78CV]F]D?NI-$;6K.']^VP=LF,R.=1-#'L9OYW= MH93!#GC,K#)6R6]6@*.'00QCKI*3[WV=7MJ2?7;1V^KAZ;KQ 9"=0O[*N(X/@)9T]!1,9E$ M-DBG&9%Z)E^*;\D1]$Q7[)[YY690;VJGG@9.YD(VQ? M8:T,=A[.'3Y9PW"@]R:VJF*DO[1<=B\#9^T?7NU.6YJ5TO_N?.K2QK/][YYJ M,2?SCZ[8F9)/"R6^B'@A[@;EEC>[%D'"$V@V,/" ]^/[D&&A)L,+9_F7^##6 M3Q?4#>(WIBUNYS\I"4X4=OGZ"G_WO$X=WX7'8\0I18[@*:8(=AS&9VS(/(4= M(H@96U/6^$#+5P_%SXZU'D*G/CVA8JF:Z*04#&P>5;%2T4X[UF@_)798Z]?4 M =X%A,#V02#<31B .1A-_7$WNP-U*05XR*;@+L)CSJ)7)EGPEDF2&'PF%G>0H"1N4+N&#EA M53-LWD/_6_6G^8+4P4\_]P!N '\^U'4EF?ZX=CTNX&$#'LA(*@(]&#V@=RG8 M:3F,LM^T&<*G;)2;]&FE)\\Y<08]PT2L#UBJ758]Z*;F)B8_OA;U'XC1'Q^W,;SR_T7SA\8,Q MJ%+#5R"2M/,A.P+G@>,#<\AK*T1:<[>R\)"QN^R@Q&*387>%M+:#9N#@D;-^ MFA\S4?T+O?76+T2_RK_U)\%8$DDT$ M)6./HKH5'\=7?0$;MW[OR+C97-,0Y+%'?X.]FX>,K)%C22,9Q]EX$RTP?ZZB M#1>[];[X<8N_MTQQ(L:: E->?K"QFB\2\%YF?@RNJQC;NR_J#H\:C^U_6N]% MPM<:CI!FL6^V)A5/:[Y&3\G-O\$NNSB3[%K ME2)ML.<_9WZ]$(,QPMBY)KNQ?5Q Z \A"K>S]KV##:TGVD,F(ZEP":LYJG_9 M(T!J)5&@H#7/5TK/5L;68,P6 "MSUP@$ ]JF*_8095=Z<^XB3;FPIBQQ=9!]">4^C\.-2T&U;6>^9^W'M9S%P#Q)JFI?\N8SR7?S2>ZM^:TGCNV\6QV^29<]; M9@LK-GH\/>]TBV?2"OCA];XU$5A'0GVH3M;=JK M#%?0CE+!NS@#;W#$G/=^@4'2+QX,V2U1@:>JSG_@/9IPU3^BBZ^]^Z'Y>2", M"ZR,, ^S%-E/.#*^LSNQ.WRV6K/( Q66Z3P^=/A)QU9,U]IN M/[&=?NVFD(UE#/*9AAB%42[@\QW.J"&TARS/L54[#//D&^@B:@75O@Z&$M?? MUS92[)P"AD9"+LBE!1KW#@;_UZRF_+^]!G0=03U(G^A$U!BVH60P:'I ;8-! MGL*P6A/>I@'1.JJ+M@H__MXK+R11H#&] MQH?VL[X@'F,B.*$91QE;.3![:RP0I4,=7QB,3/"LK&RM>R\@/OL^?J^;PXH: MW:?U,&VN(_/FSTMCVHD)*ZM9YRK["&'JR9%[[#\$[UL7."6*/0H]UP5!RD+6 M_^R=!=4T7I(JXF=KO".\Z+,1&]9G*5X-3>.R6F;#'M^> MFFN7R!"G#B>A_!(_J=ABHS(00LM6 MVED9 2>NAF3=,[]1]-VZU;+_U#^/-EZ(#T!UT) JS+R#:S^((^5C92!ZI,JT M8CE,M I_P]RE*V<%DTZY4,2*<<6]RCDEM0[.WNEWC8H^:GN?%<]Z^C;%?*L* M_PTVG327OID$<49K8)(2W#O^<>**Q(O,(:_](Q89@"X3,'LQ9OJ-73*Z^JDFH M0 7XE\%HB^*R0]:<8&S8\MPCF@R:/<6 MUVX,?=BX?1;$;2WEB641^@EXE--KZM]>Z=?OBT/=W?WDY]J;<<^WMOB_7H_1 M/0=XERM ."JN]0AD#0V.$-J!(V0(M9@E\!T%+_@=[=\CZ^R0@N%_#68SK])^ MQM]GI@>;-U8U9UN,VZ5+(8[NWQL3*+\F%M_9Q"[':L[@VJ_C2$DF@NRW"$]" MHJLNZ#Y7H>3'D1EF'2E#HWI/9F0W:93A*"ZGI-9G?J[<,]-]D>*[*I%YQE&E M*>9X[_8)H"B6+:T!RF72TW+:SZNM-E2<(N;V!96P;KIK8!?\ZR!$X0E,DK?6('@TP[*K&(,'P*& B6&_X/!AA[.Y $LRAR,T0( MA-7"J#?H-MU(*>-;6W)1QOX^&4,@H7?J;;''2U^/#F>3DOO[&IH:4U60)Y>6 MKISYP2=4<*@4GXLC_4""^[=_M1?#TD!.=3+W,:^9!T\0K5N?0]WU .+AO%H_P@8&'O%E2+HSB8>P)]&/#+O%XA:(2 M4O)9YZ:$ET^M'M%"TU+6CELPF4G]%'-W+6HK!&[$+B3=1C!3W. M7C#FU=*4_2\_!X_4& MCG6,9V2?9AYJ]_4($U&?\G$.F7E#//EV*/;[IF;4BO&-(K1S7V=OJVK-V$8\ MN>=EB>^6A]-IXRS$4=/A/H_K;@%'3\R5AQ6S=FMR+LK-Q;%3MT]G+Y8N1"#V M(4B3N)C6[27*?SC=1+D-_%0%HQRDEZ!3.K?/U."Z3_[G3,V-1T.$!LE7_/(K%V8N48E)F>; ++L@@[S 4D:@E)SG*)QJ=(7$ . M'.S$2=;Y^^H_:1(KF( ;9M[9255CI/8O'(<_P:*R:KPY(E (I.F"O5"!/2/. M-CQ[(XZE7,X%#E33Q-G_\*5S@:)3]R).#9*(D2G-7("/MDB0"<;%SYPB=#?A M5WHP3D&411.5I9_7.),!.ZPJZLHGIC!C[L+A"?9S1^N\57%N\13,''-]61ZFK\=WE9/+5Z6O5T^)WN"\/O M/^?E_Z"BD+1+:Y/F]E!\8/_ DPUGI.A:Z%C4I)Z_U/7BKMRP?88$6DI6@[!G MJ\3.V<%GJNOT=>IT=QB*M0?&!31NT/&PK<#8".-0CN!&">;2]F8JOSH& MQ4XTT>(,S^ZI0\5PE$99UZ=@CWI[!J5%@-B2LB[=I%@F(ZO0R2KL]C%K&DE/&%[]0^Y2T M/@4CWZ(,_2?:WGWGIC-"V-'L$JST$@QBVUXV\;,[_N1:WG[;XDNR1IZI;[EI M&F75?S!@_(RYJN\36 =1 D$:$)'1#6-$"6?U M1RM!?;Z#R&G^'QXH;KZ<7M1'$WH).X<^,F2+IN#=:'BME8) MI5]M2M%FG12^_+!"-,':I3%[_;-5^.*\A0;:>*"F??Y#U\Z06ZC,>1RHT\"2 M\6>DTY&LW3AR!4L2SM@#$L)(HLCNK=5D;_HQBFZ*Z>B?7QO\YB[^YLN!'K7! M[\*N2AF 8T[ 0R[PUO4$F$!"QCZP;FVF\W=G*)S*G2GQ+9H:?'U=V__4_.CB MKKHF[[6/:M4J*B(97H 0Y^'VL2JB<-W@UR2.6"5HR?1AV3>$(^(@^WJ2RZ;% MI:[?T/_09#]LY^,BT MX=IY<*37%-_4L/ZB#P$-VY0!)!WMB_Y*Q_$8@C?ZX*/O:Y MC?^N][Z4_826=8LK^JYO/K^XY[\>SA$I8#]K5<<8LO-:=;'CRD>'?E8-F:CY M;;EFDO??W7,V3.PY7+1[^!9F:$]@UX7.Y/'UE%&>WX8LZ3@&A5V#(^40:':H M"%<8NV+[-X?QK?J@"_,,1H56GQ\ 3VGQ#G\]U9:W;R3 *V51=L'!(GO6SJ'! MET\@\I8:>7E#BR,& \?H<6;L)Q@;6C0C%'Q9@3Y[?03#7X;>[,Y3H[66Z*13 M8U.+=EKYHU?W'Z*]'\\_]9H4K2:;639R'$1QA/69NRR99W'MC;#J"BJ.%+"_ M@&[3CHC"BKUKS?B."->-"/Y679E).0<4[UWVKFCR/A^10*R09.U.YKQ@IV-\,%-=<[5%Y)Q_"Y+5>!) M(UA*JUHMX3QZ(RU@=Y6ES"_=15G@-Z;[^-_T=X/C1)K7+.L5X@K$@MK?0"Q( M@_"?[5PBH<8ADNAG VHY4*-I:Q3-1(QWL>^E*5)+7'NKX:C>"?C-AP]3R=DN M>UZ%J7C>%)+MU>/9@+$4(.*R"\:NAIC>6C).$>&!FX)35BOH5ITX,3FJB3P8 M76'%2/I*?\!X->/_RNJZ]J^B6T>/'?U[Q3WQB=PW!.F7.'@ T3WXM8PAI2S# MSM$7O=3?BSTT6KX:J/]]_R6H:OW*:*A_1?G[[9:96E->ST#HG=G;=TXX,VT8 M"'8,\1;AJS2YBRB$NV43N64>==\E)_(N-H//,A#NR;O#*BGK^T*CVU&>U&F? MX_)['7IGU$%K^BQ'Z!0)CG=%U+)S6R0I@P F>.@6#1<1_#V4$MR3$^1+3C8> M%"W\8?"QX/N^8W[BH:7F!Y[L4MFFS)4VELAM+]C1),C)F;-GW0O'-)$F%QBY+)GLE9&>( MF5&4##-D/)K%^_C]]U[OZ[K,-?\\\YS[/O?R^9QS[ONL+MLS5ED-C/Q'L@"I M?,!7!#_R;H*#!) M_^:6\([_:H9WHO?X*V@!<51A#9IV.E[V'P^ZZ&'FX MR2[6WA&$50%^=+WYU2D_UB.@'_P-3^Y+'UEU66^OR#G@F#1'?)&V MVH,'5!\[HY==F!.TLH>\XP"BXP:Y-WY#2XZ64 %-;8#DN3U2ZG/@NWM";; MNLD$WEBS"GGI^EK9<%FF/T#QE%62XM:+&_G_K "[;8@*L1/!@D_A?\4_AWY9 M!0P0/$'O$MX0J3HQE0?%?4.(U[L0DQ&"J^_@G.M$S$2WD4.^<5ZZWF=-AV'; M" T)$9CA[.GWCL/J0J&J48F@MG\!:B'O@,0>1*-[/0VE8.''1%Z3QA]LE:3! M99<:#9WY$X8E4L8]OZ=BM?Q?-\> 6DWRW(8FD/23* M\GN2'RQ!*[($D)[?5U]&@&%\.Q:_-(QIUIM@5L/D#2VNK#O-N%HT47]=_W) M&\)+-XV:G]O#465($9D:-'CRK7OP@T"X;>'E\;#@LYZ2'])?JKO;N&4*IJ38 MF,=&&P8M0LEQK,,3^$ BN?8C7@3KS232]B4R5CL4Q,>\1[''*.BD@E?1S0N5 M(2$!++_F8&/,S1QUKQ1*M(S8,-PD7..!]#*![8/[BFB$=XPP2UB7@-Y28*+3 MYK6MIWG)JV21Z>^6DD6'O)Z*6?^G41(<=O7Z6,*YW5&&T8BBN:E+JS1$%Q(X M-4'C7X;.P\G(>8O5#CO9=3<[O78ZLZ_K5Y;6A]B^_>LCEZ6%ZP@K&)FB2?CCSU%J+5Z,('P MU^F.V)MC6;$LV)PX._V49+P-\>RU GVL'W=<]X0RVZJK\\BFK%< M0EUX=Q222DC80$O8E #:F[2&)M4TA0M054.YUAK%K-P;*@?@,/5R$HA[EYW8 M)KP16#6RBR3)\60L-$5&>3)M*K50%Y@#Q-(7W=Q"7T!G\GM'1K@>]FMIBQ]D M%XB-V]5:^:B9#TF,^ZO=@XE%0O7OXVR&?C!]ZN.-'L1OWGT9F$W1GSBX]@E/ MON]KU@^Y#V.$0KNV(>EX"(+R9AL"X0@S3%BI0#%5&$H3+GU*04]260E ]/4S&24 MH %:Z,^_EP),=E<^^7Y9<,B#M<^ELV=>!^I97LS+JVD\KSP8G>>CF;A>QCLX M/%)9GPEHP)>K7\X^/6_D;!&O^T1;08U,9MK7?TLX%]=Y;*_"F7TD,!CY$:;4 M*$B.V+EN?!V:KF&4MB&L1TU,N55'DEHJR$QIM0MY@_0,#4"'2R[[TM:;D-^"S'O(';CTPD,^[EH$-V@B,FD&C^.I"U-JIJ*?H@3_5:A M3XK_9S%>&^%)_3GJV]CP/O_R:'?M\SR;/%^1?O-?GJ>M/O5&]\]DS/S69:4!\S?7>0_?--A<9%> @: 63" WL6W1VR0 MDMRE@(>E,Q@_6F\[4<*6*D>2P?BR=-XZJR>8E*/J+'_7+ R?)]Q]F9KK:=Q[ M/&OYM!F)Y][7OB^R4:^I$!5/+8A<^'00> MZ&Z4*'S9KQQ[JF:MC(E(@JM]"X-)?/)4K+,Q$#CT*LGRW6"(D$SX)^9-^FE" M$&_F#N!-4UNV8YHX?N.@'LC9, SKHUXMS4HRS;H?LQJS?J_7W57M?OQZZ8OU MK=L]=ZPI#A3\LAD(3(1!;:]3$M-(E&D$<.Q=]BN,^[^=XXWQ>IT\4^97AAR2 MW]%5QTA#KR\W]+#FS1$_?H\\_UWWXI6)*VKI'"A;CW-DIVD1]AH 91^; NX/ M=IKS 6X5O^BEP&WK9YJOW"2^B/EFFI3YER8X^*G.]3MXV?Z(QNGAVP_S]R"F M]_#V;["O\$90A_"WX1D->!%S:6&KRPR'=#KO)"96:KB_*)TUFDZ5)OD5J&5; MAZCQRB^Q9\?JGFE<2W/L/")]GV4D4MDCQ[\X^!VUDL)=!/C99APQ M;AY/\C=^+]Z/D.!L%6]ZK,2RK\R_0.MUBDR?_-?%EA8=S6$=[:\V7C;]$&P$ M2*,/\"9G9;A/2%YT/6I>*?N*&U9N%*>-:9CNS,+:C-QC3[>0A"=[*L,C\1)2 M*J[6Y^]H5:U]\IAX??>Y%$P#WRZ!]_R HJ'I4.HPCB'-"P/D*@.['Z$9H MAQ$2=9;(W25VFEDV\HW3E>\V;%135+/CBU6C!0Z8/+A-_$::GF.Y@G/DB1O; M:5QCKH!O/XM%4(2]'4EY*WW4\>QYJ'BJT'23SYK=UP ((4-OUW'S<"7R[8:LMT1&#HH6G;,BK=;?M^S!ZLYDW,.+1 ML$YL^/JC==QWLC;XOQ8K?9T3V:G/3Q_LI4C358GX=G (E%I\O=%'4@I.ERD" MH!C(]@?YB3P8$'YN8N4O.\CLJM!H+<'IZ+CUUXFB6^'"!]XA\S)V>Z2/=>/; M3Y(H))2\-$]X'1AAVW \F4Y,>#<" L3MWMC^,(CSJ:Y>?#?EG)! MQ-[X=27GV_3,X9X'A@ M[EF(82*I"W%,DXY'^@6HI+\N;O9VV3U"+C-G:WHNF>2&H 8<.)+\@\Q,CFPM M6R) 0:XV;V5MM7?<\'[>_=]M3@LN6K?ED\ISNMY#=@U8RV.(OVQ9-P!T!5:. M^\1%=,OL=6,>G$_=@/)8(G M=BVT?0K9_&A%<./ O5.)'//CL=1$V-R+%\22B2\F/[L72Y!9PCI#UM M.@'.FYEM2D%G_]"(J#,#SJ!-,=S_LT\*',=KUW*H0#93834&1/2EK$F3U;J72+MB%+EP;6$ M!G+\U8^AFM8ZZUU22!!P4&)@=8A,?! <4*&7T169-K>V(5059F82Y_KK/^F> M_+D'\I&O9Y+EQ=4\?/D:,O8M'^2#X$) ^=XVP,3PE-(")%V@##>)J$?UHD3[ MJ=:MVFV2H\'F)D!!Q[Q-)(F.-[=.K^0$?K6KVQN10I'IE=&$UN/;S7>65Q#U MI)WS,WRE3"N.J!'K)S#VAG.)T3W[_A9.%MB&=%'E'.L#Z%+;$&3& A5B9&LJ M]O(B*E3SY_V:5S\5['8Z!V43R,EW=:UB[R 84:Z]26WR?PB,*VC 5/=/#VQW M\(_15BW&HQY9K6U("L?*)Z^AUDVL8\K72<4UVITG57]]\"ORXKXC>W8:_7S# MK,]#.U:!DWVL"&Y^FRQOB"")13#8-,-BBN<\5. 707*CS]9V*(IV:OE=1X5# MH,?ZD?3+6Q8ZL9T';(C?"(=Y'0K"S,&>#VK=L&H47919>)X)!\-B>I%T:F\; MK!6@TX21-A-U"U'&/-[ $IA0GAW\;K[9#^'3=N@[3NWY7WT5!27\>V?++ZX8 M[X/8'Q1\3[/>GK$VP)@,%'>^I)3?G9_$A2<6$+L.88-+K"K^#*/F/JW_=HYJF4Q-?2KKDORS M+=::NN[V,E3_@E/FU]/F(&F+>[8-\29-RZ*B]7BS^"H\78N)ZB#WQM!!=V\3 M961VF=T8'KDR-&:)IC4DA!P.=?&^5R@9WN$VN7!$[BDW>F=G\1^*(]G($T!2 M\9-_*)DI6&0I!]<2Q^;O+JC/3-VXULQXTGC>AN-B0)L1F#V:N&S]4$WS[?]7TBF?,_ M4H[K(NS%^WS?P_H&5++/^S^ =R(D.GW4$K%7$(4J#V):TOIV6QRV'OZLK-0B M<4WSA9$FQ++W#=882*6@4MMV#_'4.2>8/ADMU#F1@*HEV:.UKUP%@E>#2T\S M^^0R#CE9Z^\*ZI[59,Q%,DZ6(=OXA$Y= MEWQ".(/*1C#.$@ M:#>*7,L3?,BVXGTAU/4W5!:[8DJZQ#&%U/"$UK/I$O_, MZE^&D#^_BD!_::K)&)[WHMJ>"]/64U1;@0+'+!OG5U/*VN>J%ML)@@'NRN.M M45'A"Y_@KU13)XCIZOZ?:WKVOMRZF3 M"6>%]D)UD..H:?YYZ6@<&)?:CW/'2.L0)UY*C/R9MU-8*63JC;6K8 -!E MG^*T>9USH*0!J+3FS(X/,'OFN0!WD=1YOV0MSSH1.N:Z2B,IX_HUS;/O.+MB M!C1^K0+ZVQ!6"K<4X2\/G[__B.UH%PE/P\E.8QP^;EX-DEI5>*XT,E E9@)& M+3U7BX4G3DD'SE] P9L*%^' T6T(YYT:DP1&.9"$?%-^#K7A5N/1(/3C">_, M^3N,'A6=M@WQSSR$M>,^X:D[3B^)!<#$PIKJGR$[=0SZ7-RB\B^_UPI5;% \ M>BU[ZF;*%3F?CT]P-"NE"[&._^E6\3E=.J-0SUD'U3_1)CU!NCT(',]?9H,F MM0WA%FE:-LV_YIQDS#E/J3VY)7>UY8;]'8%'W'W88) MIFI^>(1C%*3W68K@(UEWUR;]:_7SRY=,LM3WK OQ!(^Q13&U_\.=-WG#B'J' M)#RHR;3-.0GR>I?YT6\&D:CT-J6&6L9&Z[^*3&\?/Q]TI'R-A7!%]M'Q=%[P MS,/]J=2=WIV(*31HI!(CO/V=-#! FG")N%-DCGL+4[NI#'#I'9^3Q]J*3P[N MO5QXFD5C+Z^=5\&>]$_5U?.,X_-AK_*$5K8%6 M#:;<]=K4RY&.^L6',"_>.ZY5:L[IOE:+^&SJ, 6.\3I>$,D@\/9KT C)).$V M1>#/>28BP5SN=\&K=%H4@G:T6J%4\D>FATKNRL.)0AV/4V)Z>YK>;Q4B=EQG MC;!VG->/8(DPT;R8EP[?"(P;T)V#2&\8<[S]3O.KJ3Q1!B%9<:*B3>IW^/U- M:93HQI_7Y]^Q/),;BS8HGNNPW*S7R_OX(/=@C"!Z9A+(/ '54*P#*($&9AO2 MTZ;,E$XS")*WH8REVBL/]%\80DAS['SDG@")-#Z'I(.G1..K&CL0@+H#_13;"S>( MD-Y B4Q.+>%@+2D#FYT\U0]5ANN?WPPD:V9/?\V>51*3^_S>2>GDSXCGT&G" M)#_K\GB;& -+>?IX'5'JHW$^I B/*4EF29C-D7 R/&+H5_ MDDNOY%?3$QK0UI$#-S6\WW#?(?RA_#L'[&K]TA#^Z*0" MJ^E6!-5,D5@_[8';>.+CE&'80*^N-9R1G[[/_"\:VH<&E/QZT8#:($>BG.4V MC-69QY/[>EBH^NNC#GH R?T#\.SU;YZZ<7:>I;2SKY^(G?^;VN *G58!V?@" M,:';7#@WMDV>P9:L#*"J)?FQ>*%,4F+?*O](XP;&Y1R4X9@4:F< S!*87 M>ZYZD#I4A&+2H%]0P'$$1[::?9+CR+A?R09MOEVK34DM!GNZ(!23?XE16;KZ M]'G@R;+AWH'#]W Z%X^WD$XL=Y' +01' EIRAQ'#D[))%^(M99^-=/V/+_IKP]H_.U8%C)@!J\$X\!-]NC5.WG)/TJ"ZR MLYSK^O?WZE+>.#)4V>ETZM)94\^-?+$UAD!_)VBHI=,LE[.N<8EU%DE\YMR$&.,@TZM4[].SX"G.N: MN)] _9*SZ>)II/N[H?ICLO^ TXN\A9__6?:)G^0'@3%_ O8<_H??2;N MU+Q^!REF"9Z24?L7YD5]F(#7?Z1U*ZZ%4T_&4S0#O1R ;E+W>.SA/MWBL( #S= \!4M@C M+!SX^Z=Y[3S%0FH9W9[I0!UH8DKW&L,>ZC>9GJK@V#)[RHF]+[WV_S@3%!P1 MJMJJ>'-K0O2GW,)5J/ZNC<;HUC-O,+4?R?"4^F>[@X^OVP\'OUNI P%IWRF5 M9+?BV_Q?XW/-:20Y$"2L$,EPUBHW#W< 4+X!:+&] F>E&(2,L#_]RE<8O?'W MJ;<=^4@#OHHRE?]2_OXW%JEM,>U,62 M!/'>J*F6KO]A ?GI@#E!!&69*# MI9ZRWRGK"SG60U9%5;DS'Z6%1FDD-02E 30:M,,RG%'.,AI#4%[@&79.VFTP M@/!Q:/(/V8?TL-4J)/+5GVR#KQJ'\]ZM63-<]RC9"$V_M_01JM66/VU&Y GM M8=_$S-GL''S!?88QK/")1>83=01^3.VU80-$BNYD4+CHW)\"I];(H&##H*Z0 MDQEG_.[Z=28\OE"8H==$8"#GIN-Z8+5SG,-\_VNSI5J.&;G2"CAQBPI6.X.- M7,=46]#"L]I/O?&A 6C-Y8&\3/GNOJ14B;2/+;M7L!PZ&X?5 .:I!."D"PL" M,)F+2(P![!#&I..^\<_1[/@S-*%3"[(/W_?*Y:Y0;D&WEOE+@[%R #\-D3[' MP&SV(D1^BWYI1L5CQ;7&JW'1C^/=,,Z=%]-M?CE^6#BK8)V>R?@/XH$;(-2O M=H$H!+5,9.-W-@);PYC([G^X2L:$3<$J1?\!+'GUW@^&7>6STHV?M98 MR?3;Q(H?D]J&KP4K-87W?I7@@VKP02 ::_R\_6\H<''L85#!)\$W7S2'8L]6 M&>.3L!K4= ?;"?W?&0KD!7EE^YBAF!^X-:,K2].9%13Q#Y77UIOW?@14-KP$PR_9$QZWA[HG !9!C,K]D[RU^S6O\[ M7CEHS!^+]V/ZXS0X%R)?MYKA(V_7=A<[3L=+2R\H M%0A@O/" W>M/H?K2&EN"CSR(U/6>' MVX/A2B[6SS6]+=/X3<)]+$=1 YF 63@K&'AI>H6!8@TQ5K(-%A/T"^6(PD%& M5\X[Z4\/FKHY/PT9\A76C1LYX4&I6=PT8H4#/RE(LA\%&8_P1R0XMTJ3H6FM M9@'E ?DB%PY'A)XG5LV7%*L>0A[_\N7TD13(EII5,U &0H <1B;]#/L2;Q0F MWQK$-*$V)IJ:O/R#$E[!NE1H]7-N#%E@$L^O)\G]9-],BHV0J*W\>M3R_@V# M=2..B/TU !25KWB8IP1.@\4.S\5+8FW*?XL"PZB#()ES*09R-FT9*ZF'3YPS M74^U=;KL9J[M]?#F?Y^V(:M;VO7?K0;\]X4.X\^IIUQ/'S@;W,ZH]A:C]0@)X>K2CF'?AF MH]8@Q@6;/*@HH$SK_A/XSS7N%F/Z.WE:7ZQ9P>%>UG=+O=GOB8$0ZO_.\37" M>M" 42=/\!EC;? T4$XC2N"^;D.D_M8W,?D[5Z6#-IU;,+Z.*]C4SW4MJ8TY MF!L&F-M2P@N&NK8*8PHN5G\0C)#!CZMDN9XBR9$V15PWJLZHB[ /(%H#*-K@ MH>_3&&6:5)D?FNCR.USV($"6T=[KDS>\Q)Q?&Y6**A]8VD+P#HXR4,F(X$S@ M&'IY@KV7LZ?:>#!3NTXN6S6]2E?HS!MWR^K/AC-; 8?O7QU4/#DE,GOGO0%; M@$80"C"7YM;C^(!]5B[EMO"X(H.1QV[1<_[6BXP.SYB!Y;I$'=UV'IXYR^Z9$UC,[^2=&MMX=KIU4XJI5ACP&JD27XNN5W1W M\'*W#7A25+^5RG;DC9 :K+K0 !S]40N&XK[&'?=7V .LTM#[_W125]+G^Y$7 M:NH9=%ZM:F5N<6-CD8Y0_RL7\N>3NUR1(8A3"W4[&Y.3Y2"12B91/J .(2@Y MJ/WW?E,!)+/6,J#^=X&-U$G3@[>E_GY-:WUJ4>O^JT]MET_K?9ZH&Y(C=4/( M%@J82+,:'W(-+4B7-''A$[S6!8ZH(#S M)A3][\R2#,(?Q)I'BPG2Q8I(R335*$.D<$QHZN8"8I$\2 M'=1.14=J_<@S+NWN.GZ^-#O>TUY:H_Y:=- :2?%?)2%8,$%S)L6::9S(B.XUP"J@D=Z.QL'03JP#]/ING M6O?8J0EU*694ZS2+NKV7]TEX[%D@ EJK'&D4ZSF 9* IT.5:MIIC61S.@/=- M@6_(] Q-8UT@H!6.?K,W1DX/:C#,G7 M_0,$&1X?;D3V--.JAQ3#$_\PKE^8]-QQ M@7G]I8#2?E_KZ'TTD\"/WK\5C:]E2:P MM*L!&E&M 8[I96G9NKB*FIF1_Q1.A:#ZL MZ#9D7SE OV)B+@))TN##XLC_.%).!WF6.[GH5:Y-Q@BS;S\?D%H?^F >)_3 M.]F3@X5'T'JW*=^2!9N?91CUWE&Y5WLU?['ZDTF&@F@W(JD'^/F)_%3IT=( M?^._[<4S[H0O+\XC@:/\'+'0C^XG 7FV.^?^(]I9SKEA?:08YA][OBS9EW## M29]^UC;6(W(>+=9:9=GNG7SAX1[3:O1+DB=RTJ\;I4#RR)Q"LIH85G0X,V60 MI@]C)&"(/?9+*%G.N8@RX,4@7:HF,&\B+]PA9SHW9W+@RQO9W4MO<9:>KE". M0N1.4TD&B9LOK+P-L2NHCR* PEW=:0W&&T"QK/XBN"H7(!S"3FM\8)ZVV3D' MG-*@^"V74*!D/5K#0\9B;R-/6.$X(R.5Z>=65]Y=) M$Q)0'EDE!M\^,AHF,*$SA5)Y+EQ:H'?(8?8E+A#?'MIJ\ (8Y!TLX19B8;13 M[TJJQEXRY)]-.P:&3B%KW.[_A.:'W/ZM"5_W=#=RL(]]>5B6>XE;B/ CQ;C;Z7#,5^JB(M]/&$R$YF*"(*3_[ R&.'T8O9UCC<3 M&H>3^U7K_OO8"?_OG]!RE7PS9F^G/Q$\]CGNY:[S"*(OV))3U# $<2R M*B.3)RC'OLB;)-0.=G/MNPP-'^0GKKRH^<#8AB2C;PG7=Q6\_)73)]_Z1IZF M[-E:^#!'.>-&-.(6R0/4 _]U()19[L)]CH-A@X R(@A[/S *K=J&6I69XC3W MDLK/U ]G+2-NVD; M7T*#'+(F$OTY2],TNJ)*P[KTJQ(9ED/5!S?/JF@SDTW M&"1;T3X,=GS0N>H0;23=X^ MCB4XO(]1_)3\Y2OSMJ]=:,)SG=;.BY:U33:RPQ.V-0VQ2[\9^#&A9,48QZB% M_+2'MW!P7M^:$K[]C_M)ASM"@<:_+B/MMR'[Q^\@(/CC$%Z<%B5C?-;$\=RM M]-VO%C7O[-MG\X.+-/C?7N T\)"92>7G'(:RC4%_$,3[DU)PL@QX5Q!Z7_\\ M3.@70M*@Q=9V\0/3;"-W2$B2O*7@TWJE>"W%^S8U066"3J1KL&T /98?8RZA M/E-BRWX60Z+MBZ-"#_Y.OZ>4PV+;DQ+&SLI7$HZK%?S\N'?K_O #7Y"K47Y$ MB=LRC3B'G[+5,*$N>53->F'^CWD3F0%XK8IRB2*=T;$O=D(J60W#(4JZS?]) M>IS6W_7/AJG,DF3 ,LV- ^)8)[C%;?J_%$X ,&90>_CLR6%M"CK MP%CPWVU(&D+J9IT+0=Q&[-,_^=*???=;=.37 MZA1(3V_O--3UH'?UO\8X M_POZF]J?,<"V',V++#QZ?/_W'_M+03JK9613)Y\>#1TGQ2 8EHBI:6IX9Z09 M@@;MQJ<6Z0/QK"__5KNC;'>:XV\4MJR51'4A^98J:U;8U>K')?CP>@M:BSSY MG8)^W)3"2< 'LE_SD\N%WL8]PG M/-::I'#*.TS%6+?*HS-VO])K0(,&CS%7[GP] _!W-\AV&5L2S?-?#Y:Y:E:W M1^[:'72W+[O-T,3MS):C[G^Z61#$+A*ES $ANH,KN@@0O!##)[W^UZ:_VU2N;]UT]5;F+^ & ][@?- R*9MT M>R)FOF,;(LL[ND0X@'5C_/U=0(@UO<)$NXV)7QBCMC46:+2$ DQ,6*Z:IT&3R>SDD5@*[XF_S*,1(!($#$'#H:'H M)'8@[MLS&O.*[SH6 MZ4T4;* U4%Z$]L="_I:7/Q.O]=V-0,X6:,')6TNVAE1_BX_;/[#73>O;4@G MP;=..AO6>-'92S1S\IE;2I[/R0.Z.UN8L1*X+R1I1!":+,WZ!$2QS7'#[CJ MT_RO>T+)K?(TO "FX,^EZVV\\<5R>6(2@CJV0- M*J(=3D;0B,M\;'N.[ @']-G/[U"?X6D;I7[C6&NEQQ]83T-"-/3TAZP3*'N# M:U\M'GD2_I[_-3C<"PC*JVU(72(]<>?>+ :<([+*,@.Z*SFG&-\F/!L!XGSF M_N]RP8& :F&@44-#N.TZN>)&2,U6U($+1V&_!@$-Z/()O!\<4%M-(P4@ M)^&TP2YX DG,'(H)1(G]=EXH9 I=;[&[,="-9?<%7Q!J2?8:%:78N.B55V6+ M_'BW@1Y8/<31GD!XP #3\ Z4)$_'Q8 0SSL&-&]>9A2UW"WV:#$>R PM2QK[ MU-$:OJE@JQV^JZI(Y1 7"^IN&GN=D=F^"JC@Z>(T]*&E*\[3@3 !@P\'QTJS MX$_#WSC;> ;+#%X=<>V!/(<6X#WP@+HKGN%, )16,W@J6-M1@TPA," ;II<' MS*JW,>!)J_H!U+'@.E;1M'U]WO@US/#Y>WC-1[ G.<4W+ X!XCR![Z">++A- M"$H*BG'9AYN#H%009%H=YJ$),+%;%?"Z05D,$=4\.F$7^U//K\*Y_^[*-L3G ME(YK!W1EZE"3_X7/JP3&K?]=%T)QX(C:SC?VXI-ES7J>\G>[F=P@,<8JR1(! M=2UVQQV]6]O;A32)(76$UNR2M/(W"&]\N_4.AQ+"4RKG&':9^['ZH^3!"\QM M2&*KG$\48[I[K?>1YX-;M.]H#77-8#_!-TII\P)'^$HNGS;A(JBP> ,XH+$7 MIS7,P<^;/-->I;R>\/A& =+?MB6KKB_]M%B:$B+42ND8#L5/-.TSYU^ M64O'W6O*9:/;D-T(2AJAMK%C,(%U'R:"T^"X,(E=1O70=QR'T;83F%AAWQ4. M<3!$O/U!^:WBMA\7!!]"$$_"I?YWKKVP[3"FC[6S>C?-V0U^9@%EEBU-0)1A M*36U*>PD1=<*'5D2>#8R]5ST:>_;2KF[?F[:1&,;>O\:4$FB +['7*&*&1Z_ M4>YF:SNF26L9"9,[-.YXN_+'SM;U&\6AW+A]_'M%+" 8.$>\G(*D*[)-,0XT MAVA\ #+=>;/+MA$HCPBG(F2 '/]9T(K.1B&04BFT$Z^)4I^/1+V.^9%@LSM] M"W%N'![+4P+$:?K&Z8/1K4Z>%>=>!J[_?I#V+ZRC[[!T5=;1Z)H?Z/2,"0BG MXM"E0]9RUR!7+"3^K___W[V.)'0YDY\'C0 9GA, VUX#YBJAD5/*^!!&E*( M_V*/""*Q,=N0D1\;;"XJ&L$(:.24ZNWT9&W,Y)HC4:31__8,= M!'A;,U!T.6I_Z(WAOV9>\@Z7:H9-0\I_?6JL-F[5([&"QYJ>SM]S2/OH+:Q6I M]7#1V;8H;C:)DHIGV&U#)DUZG F9I)NH&/)@S(:=GVT4XD;A1:"09I2Q\CUF MZV9*\)EYWZM=);ESYL_C]<]5EWU$3!W;8 %RI4!>-_9*I5N0 M[++S1)=\D%/&XN6F$-7N\7[+M3";FR%-SW;GJ?Q8"RTMQO7A]V"5&5=14W,? MBZ"$3G=HGLL4HJ95HW(V(%C.;<8N]*YWT;#_0BIVY,NB=YKT/ 1BMCL%LE7( MVDD#9F T-D-0BF:U1EO1[,,<\3&L*+ZB4\*Y8XIS?F(E>#5'J4?1X$/_WZR^ MJA:Z9OP[5H_1X0U\O1%'G,BRY%9C'78N0\,?XLF\9Y;%^SIAU>97A9#RO%973L\I3NVU#O/TBVAP]1*+DPFKT";)_X2 ;6LFGX5/< M#1C/E3N=$3V+XP M&/?!=CSL;Z;(DO'UC))@/-J[!+/N..3-OM[ZV:QU0'_ZO6EOBO]\MM"/DA"^(4OE5@=5ZX8/!V16N.6DJBW4>+7P^&F^SZOO!LU@;*OM3%GE!E MA() S(#!CV+V)O%$,=ISYPDT>"JJBZ>9,:@A.5ZN6B>U-A//?CVL6G>+?7I. M,?R4GU=D@?J>CR#$!8XBER/8=EB7$80_X1#6K.U;VU'_H:2_I&3WO4SAA;AW MW3)N;2[?)_OD7*UJC]6@=<[F0" 3,-HJH+2YK,-,I"DD,EU8)8S%%)YN4)N, M)?+@(-.A9X)1$ 5_[_"UN7":_C)::IA.>53V)NK;B[(U-Y_/S>>C::DI2I/N[OW"]RI M.!U:8E^_J^;42>LP:A3WK['^%+V [@^_3#PQWEDF=8D MVNJ%KYVK+%BC&8\ASP M)>L%P!CI\*Y5$6QSZ/DA@X(9N=4ZK:;T*=/B(W8OM4] 9%#5FQRQ5)8D-T;_ M>Z@%-ZM-*JA(H)JI*%PQ..PDIEVJ6T3V14%W$WD+!^>J+RBW;WT;4.QZ*KKR\0GY("_]/FBX*! M83F\ P:H]7Z$/S0W&L&I_S$FIO..8,K/WY"%)N&. 9M7F ?(-C[JJW[R/P;Y M7E:4YKY*T,_.3:G-/?FND47@/D+X@HG/BGI] @1G^116^CSJ@)NU:K"10_2C M Q]%:L\=E\R9O7PH.N^HU:XG^]H-?NTTU"Q2W=G)X'V:$VT]5(I5!_,O(L7= MG*&=K"D6T+:+6=:=[LZVMM^U;Y>^Y9V)H$-"]=H*U^6L)%?_S;7#$AX,=J" M*WG-!\BPA_87W8RG+S 2WH2^B,H9LO?JW%N S?I\.P9W6=GG(\7!R0(2@>R$ M3A)8P0"";3##Z^4=8%PJ5NL,^K [^"!**&A68W3#/_]BGE3,\K#MGZ>E*;!C M3_?Z+[UM59>1V(9D;$.JPY>I;!OL'EC-:C=Q+\H5 PD(":BD1DEWR^9EHU4? M>^G(UVY#_&;.#HHE9>WUN?ZH9^7[ )_BG2(:9]U9%MJ=^IS)$=,;P9L-$WN]]/-["^AQ=Q_QW:)Y1F+%1X MK+CH1.>1Y;!/*H=C+;QP Z1:Z?:Y*2NJ-H$!I_@^J@@HDAR^-3QB,UP/DPY\ M0)@,'KK_\H1-5(A^5D]YQXL3UR$>!P17?SV'YJP@*(DPQL46 OD.;VJ0H=M.H%'GZ5874^W:QLJ 0F+_WO$K%]:Z \>OH@R(.3DV&A6X&]T!KM%"#5&W M4R#SVQ!_:#1! ,1/<0K*7$*;,: [T:4@SG1_PC(>S[U/TJQN5,Q-U/F4)CEL MH9@]Y&3ML_=>P:6'GB\ W'2GH;D7F>Q46H'XH-@5&,/_]<29CTNGRG?LT7WG M_KZC^'9#GB)NY YNJD@7T**9K*88-C^LIQ/3;P+UM+ /L4%AU^*+W:R/@W_Q M$.U].K%!LVTZ''4 Q92FJ"7CA#D.C-R)9%/% M!V0&5=+BHZ^W=G1)FE0%U8))::>EK.G./0>F>NOU;MQI-%;GJ-_ MM_Y.YS_U?O_P17;EBL*AW55'7X$Z[**)S9Z_L*?-=5AAI'5(,G4,_H M8^4U<:M;A1@N70_"N]A][/*^.5D+9E 7/2+4X).GB77_&]$C=[X*5AT_TW-2 M6^PDDM@7R IQ/PKW0UH?[/H8KZ2A-;IA8O#ZU5FEZ2)Z!:771( MULC2Y^;W^I@C<6ZY$KO6>Y?#0+G>WC[GX*/3@,N[ O?<9-%NP X MSG(N$UN:"'R?^^X*ZJG2:FG$]QOV_.SH;P6#\[?U?5:;3 MSBH!;P8EI=5VDC>&V+V1*8UY\>6[QTB]"3&Y2*E12D>3J-N+EFPK/GQC2>6^ MA_)U",'3ADGD[6]G0WC##_A(\21_M #G G,\.^AXW[YLD#>3H3W-Z2\^D<(X MA>ENWZIXS$.;Q+?JS_=>OW8YZ3GD!.3P+I1I((IA2YPZP?%FPNF*E$JU+AX4 MR*31+59-S\R3]@$#VY!+I#;-I-AC>:>PA4F2WG95?>(]I>%\,[:P%^K/H>K< M(H378#2JUB@%:\.$?90]6(R?AQ_::9$FCRES?C]F\,SQ?(MGADMYOI^CM^O> M6+/L([#C@ENUM$V.W,[9IJ= +_O,#&[$./]CNLMII@'K)3GA)59N7OZ<=6-3 MBZ_F>L3]86+6LHVFA\Z/G "\%HRXBM=I_,PJ?#WW]8-V5W70(XW;OAYGO)!U@!5/8(.MRD%P M<^C;$$\2R*T/K&#-&#W"QD%2#)"OF=J^_EWC>DZW>>!H<_W[C 5O>*%B=M%9 MUP;'G'UF12 D7&6I@W/ER.M$,2XUA=W@IK>)+14=2'3-5AFK4&:RFJ("PI2. M6633B7#?^/V%Z\[\G*%:R( MJ5WE$JO9@>4#YM>(>3.K+MG_#%URTRL7-\_\8# M]3T="'\$H 9=;F%;<:X^FL]/^:L5?I99.O'0C]%33B/N!5ZL6[:-Z=LDZ09, M7'7^1/"/S[W:TG[ON*"NPPL.&/7:]G,@ +R4-T#B-Y<)D(7&Z@<;5.AO0X2= MR'&!>?26!S5M%TO[3$Q.^68_>]HGI<+::9>,VN&#F7-5^ Z\%(#L(@)K0WB(DXX;'6*U$1SP&'*\U9?09C"03]R@-B$6DKA&,BM=5)EG91)A;_ MM]UO@$LN^!2> M=^>?UQ9L7VU,>?3W*0*H_<@RCPR3E6%.#"\+O.)9C+8BZL=^)$QC;2;:\2 M;!@#'R)*GQPE%=FF9N]MN-NMU:R?\^FLY=)K.4$(!'H9#&XF@ 8HFA@HFANO M?^C/9=X@:I^I'^4F4_ZM"R;&%(2L/<9W1HO/=BO_=Z8<7E 223$\?;"SY#![ MR5-\_67!)AJB@N(""!DXO=PSM"@"DZ%^.5MB/AG)JKKF^MD MU+.O64)HY:L6#:*?;%\GJ=]031 X2N3L<.Q3O':4K,$'(10P1MF&)+D;%'8: MU\D6Q4'3>"9 [XV&VI:'G;VZT]^7ABW>BPY$:I[?F+:--S-,0.![H. MU+*M?J'J&S,X9C0V$0:XJ2&%@^YO0R1-+8(4'C\JSKC76!_+U:+:7*9G7SVA M(G/@(!^<3MRI?>9F@I;T B<\W*: FYP[ &_U+/8O2%F2O9UEZED>,,[\KGG7 MLK;&\?M9E2R5FM=^,Z>SHY>"ID'\GH0SV>DRCJ \FY7G)JAPLSAPMAPFLV?V M8 WSL/-@?-MA"R;,.5>K/OJH@(J10SZ=6[@G8GWK:T;2#0<3E:P7C,!K;CWBK-/A(^A"#]=U M]Q$0F_Y%5(4OCZ'9]C,X\IU?N&.H9&EGYX!'?TB,FOI5U0HI3^,I;BJ==%-J M-C!Q;:^26=>S)N\GB& XH-:XG+M3>\>PR^]$D;4 ?6@ 4S_[,V^)^>V(I]FS%2KS7*$*1_DJ(L/;W'D MJ>P/-R)-9.+OV%;^F7CP; 2,<47Y1CE]IF7'C@*^C9E\^U]W@6G'T8JN%1'3-\+F[;@I>,EX+I8-! MKW^N@< 10[!VEJ.2@OXAP2A_BQCG7)9>]NU&R(LS84PA][J&JO76ZF,)L\/_ MU+WA/[K?O]T]Z[QX\ET^C< 1[V/= *;9!MUL1>PUD/>%$1*SR1:!/%@34$B# MW-:BZ2(B[/@W"<(?RT4JP*P8ZRB$*+U<]"VY'*@LQLA MNK$-$7&?F33]-O!->@S][H[I)Z7@C_OD[AP4X!\U-^% 33[ A;&Y/^8F28K M%XB39EH6C1NO_*>&:1N[U26=U"SR1>; X?]#W9O&0_G&;\,C2M;)OL542(54 MME^1J63+3ZADBRFR#J:R31DS2G9#*(J8$JDL8Q=A+(.*LH6,F*U2H9E1C2NS MN*_YW2_^SW-_GI?WF^?%#"]FYKJN\_Q^C^]Q7-=Y'M]M5TYO7?(#V=*O([A> M U >F](%H[WP+4MP16M+-F-=[1:8+6!AV1/.[3"J_V>72?GYO;$6R1*,A#+ICQ=#$)0A*-G\G%LF?X9G,Q9E]2^N=YZ2F+9](3ZE8!5 MZWRB^&.Q0L=9/]>=C4Y$3Q"L-04E.-HG%J /728Q]F*.TT9O:I:U;"_*F]^/ M!UF6*B+^@AVX]-05=&J^[WNH&R3NS7B^S:)P9#CQV!' MA!02^Q3\HX-06O_9]QNY*P7L+ _.HW$=APFCI\#-NED?[U?ENITB%_P3-<.: MFWH/77WS>7$6NXVOQ_;L&4WK".D;37/_D?>MXVA-'"5"OT.$7!7?<7 M*[@PV,/#3>S:%L/*\B3IOS/<<3!BW85]"+;;W+M#+.X0X%P-C)N%72YR:G@) MI!&]9RE.NUZ\&HH,2U3>-^!^_.(#)M$ ;N=^3.5W[<7N/VX]N=5T__ L,-TOA MUK\\9>Q@L7E12K=R:-FA[K'?I>[FQDK].L9 VHL?'18/T+E?]49_Y)3%OL);U)83V>+< 79='AV7LR"+7&,O=*'JT)[>DZRO MC1^:M<_,)_:4Z\[:_:+J1R MWM?'(K30;1>F=G\PC[S!DC#\-']Z9/E9Q8N3TD/J!@'[OXZ^ "?$@H\4;5S' M@EI6Q_HZ$P8#7O44OR=8DJN15KA,352JM3>NT@MX;WC>.*KC7E?-LZ+-UX9) MTLLYKT?>7D4<1[OV8=78:BF_61)HW?Y6'WO\DX\#(95A/I&-_:@0E*)$COJ3 M8RH*YS:#% &R.=3]F#I!T4:3?Q08H/F=I:<-X"3"_/787]M"ISNZ4^J\'&+# MKDO]R+?;L8^Y0\?!#>J.,.&+]* !=@BVB?%J#!Y"5.=?!N+IR*4'^_?SH31< MCLZ.R>;40ML'VCMS6#&;V]]DC/VZF2V;&&\'N4;=(MS*-Q"4\:50;)')FI'U MT7)?9[V^]P/RP67V\T:KK\F=OQS)3>]TS7+(3::*+FAJ-HEVC]2XNYW#/"=X M)M0)]=\%(#EJB)1RCEH65@W]@F5;XGTB'M9Z7#P+V6HDKE:X^UJ/Q7+VS'BS MFV0J]AV!>X1^=< )/OGUPT( Y;YDF- 1JDM%=V8[GJV7_EZY/4$ MO7P''07)>PJ.'$T,:<_@#!GZ,9>; ! XO&."JLY+54"CJR;@/_%UIG_]7BZY MZ\9[&?7]$@$,O>:V+N?(_+_NUS,#=O(KC$NS)APV'+39TK4>VO2/U('01U7=ZO-W^)D_L<# M!*J9E42P_CKRY#^ _-O1I]CQ Q=C\W$/"MX*L"EE4_6OTUQR(N-8XWKWB2*:DO M(FK+\8&96[]TEX6IZMEYG)-K.081\RM5%GN+B00TV G<^"@ M4EJ>G;Q1EE8W:\3]!:9!2]K;'SV'.NCWDH)V)"$7PW"T+&K#E]$^QPU(\!)+ M">/U$CBKC)3%R1@ O;46F<;WDHT?(YJOKT1L54]Z&Z@NCE+Y4ZDLUN.+'29M M,D/-=O_B.K)1_7C+?@*4:&T:_PC79T4?CFU,E=&Z7[8W_Z"ZEL;M'&!3&@M#IL_7)OJMY!LD%@ M*(M_S>>^WWOO^PU&V"*PFN=#/_IRO29)061!%N8@N[<3SGYC]J"YGXZ31LZL MGWB#/'3$56LTR/KLFZ\9>H=,'7WLXT*,R,5?X $$0#]D620EEMNG0D1R+;Q; M)EKW??@-R>]%[_&F=9I>()0.07%"=(MCF +NA?, 2&173= MQJR#_;0)58V.@VOPXSBI1%3@=9FTG,MMG5.7TZY<-+V[,]5VDY3*[S_*D-DG MA_HX1K4:03N.!!J6,0]KU,EP_03%6!7AT 9DDS6<=YBO,OFSMM.2_KK*5X74 MB4_$$;OY(@TDBQ.U#PTFJB/XQP5E6#GT:,_ZS^JH MZ?6G1+JKB'^T=V8\='QC).(?>V/E4O6B(']41/3C%ZL'!>C/+'OP+#!Q,Z0P M5@H"BK$G;>.[T-MCM*,'05 J86A'N[5/?B[4\(%9G2&5%JS=.=D[(_]JB_JF MZ#Z1E94!> *!SCS;3\+I,8PJ)[**O-1E[_N='U^%">-$MCZ+TK/=GK-_UY3* M3$S$^)T*N=M/+3@(?_=C,$M7\-OW!6E_7/'^4,%COA\XU-L!PJ .Y,.D&SNJ MENF*MS&9 +L0(MOR3F VDF( MMU"5T N#>W9-8FSA ZZ*O>:WK[S]=:*0(6>G.G_&6\=.(47Z_<@!$%N"0&6\ M.( =$.6H1Q&I+[P"&#+,,G9-=:B3OQ=8J*!P7 *JY&1T5I13B?5?)KS5"5B M]UW[Y_!VSY?\!%#,2PH_$&3-H2!?:G;HFU<;M%&=4DYLLYN)*$1[%]W+BQZY MMO?+Y3/:KON.?WVU#XQ&8BJ<;0^=-:%1TXKHH_TFZ22M9L2FH9?'V4NG 19C M3TQH8(#SR3Q]6EY 1.EXAD6]P97#A]>1X$=Q8"A*\N6>8@X!GK0NT_YN[?'( M\W-.XS%(O;;6YO081^8Q%7LG _%\)^L"WQ@WR;>B/K*T3#C;A4I1XZ8W"&JZ M#_*5.5O:.%JG.II>3F!\30902G:Q56^0!B41D?Q:N_/0?<>[)"Z=:'74T)N9 M.%)TT\S%LS>29EB]$F3D/W_)= Z=P]6:?W1K:V=.4+O7)\]VY@E&>(49KNU&6XG#$Q.4]J!1XP#.]]4'JGN/(R==$M MW_!F9Y2 8:FW_O =ARK<^@6<^,^""E+8''S.BD%:_F-$4H[0>>^,T RU,9MN M1C87SL!"2H3Z,W<,3R7MRSA51$FOS"R_^7M>60S,[A;794O>'N$<03:R>YMP M"K;%C*H1VJHH%=/__-V!SOK[>Q!'%E8M?=/U=T N.ZF4M)M_M=DG6C*,?4U2 M*3H^L0$)7?%E6 [@H?UJ>?/?;%2 4H[AV:GF9_L5XBH:*6_V. ]Y&#V:E\K1 M3HM&G'4_MMUUT&262HA*N>F D*"58/ W]L=[;AGV>XB3]&&,Z@&.?) *[9W+@81]) M$2# @5FHO3CPC[E,PAQ.BS1 5*K]??:XYI"4O9_CYJWIS[9!7ME_"MS572MJ M)H$G-,7W$"G.=!5J#XXB3D\M8L*E$,?R_$(7]&XOZ)5(OMG]5^KJOK*3O9T] MU ,1O_S%V?VB6Z;Z? WV*O\P$,B!,J.R:%[#6VVTOU.U^7;R>-D(I]!\O4Y% M/0>#F "7VH*7VQ\*D':0 /#3*!KTMH[DI(T&WX@=_(#.@H:VEHLB.N&_B+ZF MH/M?1.+ M'2F3 +1H4 J*V78;:XZ>HRD"H\Z"?33\RWMF7(V\"-?%YAG\I649SR' M5_\&7ALX8)_];%<;7TU&*#W >6N.)B#5""^$NV]JX2)ROF=E:CDU#DUCU)S M*9Y^K_3LQZ$HH[9#]JLG7Z@WFA54M_XYDSLG>G#Q7X-97# KTQ\BZ.H4JT4J MA D/" J7S7#;O'GQ@=W*H4_O07(9E$ M6R%"?I!:6 M!E)6(<<,E,764'RE7T*I:!HQ@UK?EBS<*9S#*6!W\D\ M1Q87USQ6B8?^0+C M.,7HGMQO0C*=/.%MPLDLWWA'Z1M-]EE^U)+R.B!_F^KZQE^MWNOR4'A1PV3[G MI!&](.2["5\IE[%XN]M*V$/8@C5&P\YD+IV>QFJ&3NB>H'<^/__^GZ\I#>/, M>WKXM&!\6CA?U(+4)A[;-%$ M^A@R7AN0<]JC.$QFY"5OW%97UFTS"_#":9 8^Q% !P(9662V,]!>:Y/W8!L M-> ;NZ"6U4'NY,QS"!YM61SF>;(L0E!L)FH840UCGS=)]8DCLG5[HK^7F7,( M:3_/,A'][R +@.O0C;("Z^*XQXQ:T].O;CDTO\Q^J]?:\4 *4Z]W8.==A;]' M&?,Z:SU4-D:^Y!E0:7>OE5A]_.K3"Y^T,ZX5H+?WE$@-1A\([9IWU"!^= 7V M-D\7I_7#4X22F=]Q+>94BA5]ANMR_\M/E]R,&G/?.]4?EIOJ.Q[D!F5DT-PD M%V?XVF\8J'128_SR378; [$\RJEFJ-V,?96;;E@^CT ',O830Z,B2$UUEU[ZG_9W_S=9PP-F@#\@JR 9G?E00' MU1ZM>)*/%#PFT:A0"HS[G;.X,L29/ TTL%\-^GQ:4. TP[4ZCW5?L#AB ME:#?T&DQZ6#6]$Z#JH 9[;^R.?$@;ZN0 FLF\I43A'(?@,><&6X1IRICF7^= MO>Z'%JUL'$M&Q6"NJ72SM%3R]N+NDG*H>4ZH:^OEE8V-[YM[/ M\G\7:(1\^,_]\+,DE$DR7!H70@+T2 /09)R$#2S,7X7=FLRF"*F.8\W.YK1=%*$4,VNAT?]'E!Z0GIFEO:\[+=_;]/F ^*?1[8*FZ$' -/^$R'UIR6ZJOG>ED"N6'!0^Z=PA'0#;5U@L#C C+<\'T&C<#JP:_(OYV)W;_( D*IR4= +(87PL+RVPX MBX-RI@/4;9%3:X*2\R0UQ98[U\1BFM)>U^/3)0:"=.Q#Q;\1/GKVQ>.VP6GS M*Z8,%MYF-WH#G VL[*BNG67Y)Z7GK)"+N;0]V.GOMJ[$>YYW.)7 M]U(.@(DU,TY5,U;#I&4O=[F'7UJ MUWQBYDR*CU/PGHQ7I3^?Z)JO$?E*!4*/4O:0H 3;M &IB+_WUV,#LF49UVN! MD1-U"@/153;=&$CS(*[.(=:\\(?.EP.?9R0$Y[R,7W."A&FX?&]3K#:6G4UL44 M4B@B=P.BAM7EGQ&4=NN'W^C"EQ(RK0,3:PS#6BD5W,8A)7_'8?FJ\$M.]EL5 M!VFJF\[/"C3"2#"A#I+0O/\YSRS4IW@!772,W=+ZBK$G\O-YSC4^"7<)>A/'=FA<%A=WP4&'4@^HEK%[1OU,7\2[3 M6<]V=SV_KC8]@EUN*+2.B0G!-];U)*'XOA-":>$T7+1F;P-"L:5;#J)4$6CG M(/@BOK5QBVQ-CLUZF1*W67"K MA2".?8]HB5])X!AR,X!7\0Q>K"W"5<* _T"Z43>9LPWC.B%O"42>8[:I:Q=;P%GDY5!YF5M5-D[!-R MS)RW.R/3BBZ1HI]' ,=_45(W4U J*+)6X,C0"O-WX"L7B2I;$"6ZRV% MQ35([HTD.($$'$8RJH:@26 Y(=XDR-EL$8YO0)0Q.^DLG6_K%X3[QJTM.7#O MII;.PLAK#*D+=BIC7EEVMP4?_2&#!PQ9"&!_U7(TA\"(7YZBN6[!]I.V8Z[3 MH!E%_F8NL'[-5#P'[E6?R36]]&S!O'3F%[QO7P039)K M25_,X(V+@JQU V%%O K/EQ?LO-WF$""_^OH%=$C+?'/.X2,V-1"^DSCG$71D M%+"4%,J8,T>SVXX,\14=A-*V#+E@:);-]H1YJWZ?H4R3X-PSTP%9-SY]CS]K M)86EHM+V\=K>:);9]G>X/H\QMAV$U:\MPW@^P@G$5O-1#73_0+<'3D\B!9W/WV=2HEJU0F%G##@@K0T40+Y02 M \-!_D,+"MCED$ZBE5.;N45AS_Y=T)^))6ROS+8Y=[9\OL+R;#JW7N/8ZOV> MWL/N2?80ZR?"K46<8:'47_#+1H+"WP19@,0E'-V#A4Y&?W/+:2Y7XEQ 'YEPEQA6%YFRWKUB?^B0B0%CW/ MW"QR[?4@A< S=62G2)%P0)](-F<;I.^<+"%WQ-]>0=E^._+(2SB16W4Z#5OV MTP;]MJFW].9YY;\SRZ. Q2*W1E .CW %]-5N=>\33OH,?&U@:!WU=!^O[71Z M=BO*O-K0N_-E5%"TL/7XKQ,3U_P>&9'; X[!+;$V?GP'=CQ?>R<=#A@LIH*) M L>K4K>::[W3-\%HVAQ&E^9[E-CR_DU>D7NF=?-!-U9/_=N!?XA3+/"C[--5 M@ ''DZGZ&#H$S5BG]L.W Y:.1PQ2^4XP M^!UPM_5W5-R+?<(SP@^73?@Z#;0S9"AP/]0/M^Q+I+)4-R"OJT%B]M$&)8", M2=(<^)J96%UT.?G6/B,B*^3';/"!H6FU%( MG,9P8K'XKQ =KZ&S!$_1+1SA JG5",;V@N>2V,ZX#%*S6J;- ?X_;+O%]-'4 M3E>FL=,?X[/.PG=3@&FE7EV"B^5A4/AAV'M;"6 MBWB(4'BCR)BZ5I!23:-EG"MBS^K F[1,K+4XEO,CBM^P3/[2#O/C-=Q_V M3* DPV)1+^&T,10EBYLPUDQ,A]7CB:>PY4-AP MFN%5YW_F,L_EX<@W]JTG@9)2[<'AD%]$8%\1F8HGR)-H7Q')8.8FB78?9]XP MZ0>S*:O7@(R%3@CW++EYS6=U.;QM=]?T$]-\G2F^+W)[/D2O6"!:HO *8],T M2:(5D[:Q,/I,F!HZVIU=E>K#[*?,I%J'//N^-GVMIN%2][C$DMY#686=5X[O MR''!_@LF77ASPJ@DKG>&T"29Q7JBHFWZN_6X-AG<0R\4QD& M989-FI^&N>5K>R;N+03M)\=<]'#\BQ3*B9K"Y&)"@3GZ:":NWF0ED0,EWU@D M$])NC("L+III[(-\Y[*LZ1YY/4ROX)4C=CCN^5K&T-RF'&6Q=6,>9@/R#D3F M1I#ZCPI>$@='@7T&RSR>"Z[7%$YCYJ;!6UR7]>FAP9V")U&5R8Z3=0HIV1U3 ME"SMTQI]R??[1U'/FG3$W_HF/8!HP-DQQ)4'/'\@@9%V6VB.'26T0,E0':*>*SC)V_;!7$UUPN ^6%\MB^)TXZYT>.EJO<<=(]%: MA4JO "6PZ.ER4 .X9*H2!D>GJ@#._5B=CG%K]TJ^P[3N!]W"1.?3J<'YS!7? MQ5^Z^7:H VU4O8N_$!*X7@9A"^8PSQK[#MX([85*S;M&!]*S7)6\]%=F1];J M[GQC.#\H 9X6NJR^'BJ\KOZP /&8*G+%J1[F. O)&Q"0(7UG.C^"BO:W9^E( M [X\)URO 5:%?TE0+[3A7YGBQW,LARA%*68;D&W>PK'N?4VOBEDK,UF21=M] MBFWOUZZ4V?*:[J5D&483:AB"7.P>OJ@GRW&,+2#%&6*RR*AMZ+3>8AR^Q426 M;XM+]^0@5WT=8I_-AUD>HOJ^;VRNCICN?1*\]]Z>LZ%S")"S]7:!J.)"%,>@ M!#=Q0:BY^/ZVCE7T))TX4!O%_2'%]XC?77KUZ=$O@IK7A::GIL<<'S,+,%): M[?:R%]I@5=1F-5 8IA&T<$&YE)!^N/R?DQ\D^T?EEH2:,ZR+>?X*+_;?:HOV MK=Y[.#3_IS+NYYLNZ$@V1%+TH!LGE"[EH< 34,.![T @"3!$#%"5@28ZD9S@ M+",P&5PPG*G[8SZYJ_U8I'F"]T_OA[,O;3Q&C@F_/PGFC76\X:D\YJNQ*\#3 M/\?+3=<,(<,T/H7]XL/:IHU_2P I+]Z4F_,[:MZBS@RO[/[8=%(%(M44^OK" MPYDBT:XJ\NAM6<&Y0FNBW$/?VN"@ MS?@*GH>>>VF%7I*IO=A?2:&<)_"*Y^^'P0"5/"WL1ZYGZ_I:#U3"&_!U:9G> M)F@='/MA^KKUVF$]9^63,/U!A[O?E.]*)5!BROK-SM4U%+&/^-3A/ M$L\%^.Y=V 50]Q-22=R$B=^#KM M/-URP&ES<]S/D\>3_OYZ9=4U(Y2O IG;=KX?2+?3P&KR>P-RR0?&1N;R'SVA MA0A&J.L%/SZ(_8*N5((0%Q,4>/>?384Z^Z!0;CM\-[ QM4SGC;\R'*5WIDU6ENJ?K_:>H"U M'1YR5Z]3&N()DW^Z8$8K(R=G,X!9M=9L+^LFY7 M0_%!?%>]4=M<4Y.BWQ3?67Q0^04SL?F+IL4U)&T4T+-?M>M^;-#J'0T^L/6H)Q]?.)+X:7&S<'U.V^T"1< M?B;)NO)C4];>=LAG&O30IW_YB!1ZB&S\C%FC_Z MX+MR\&,K+S8+%+$^NK_.8496L5G?*86E-=X.S\,LV7Z^_[9G,BANWYA/;??N MF/E%!X-1(-IPA88)92390_0BOL*,4#KA:2C%,[-3CNF<0%!$5P]%.VP>2E\V M2SLKGZ=6FJ$[%7)?OZ57WWNEO'U'29]-HA',(?%_G\X&A-,$WXQ6&XN' 0UA!Q MQY93Q&BLN8,\U%-@DU;E=+@EA9YSS.W3A0M2N@Y7WMZ2.CT_("V \BS!,507 M2O(/ 90!;'AC&NSX$/&+LRUM*-_^S]LZD]W]F^K3/;FUSGB-^V M:=N>N&M2\+O@.,:1P'E(AT%$*S9Q8B3:$TNL3N<':SGMPKRJ3Y_(*?E4]XD_ MAUD^LR7E&A:PAX# M0JO1V^M%F7\DD._\WR[^.U%KQI.2#=]T/3[5JS+/357!V>93N\H7'/LX"L(7 M>4)68D=O+/*5TX32YISX 7^S*6LD W]BJ%='OIECQRVAL^2_QXU^;F^M;R[^ MIW/F_K]E$3<_2TF$7 ^.0_F+-LK:R"*P5 +;R20;(0\/KCT#4T$7]=R8JEU9 MR"MW67P]3AP://<=_DC<0RFD#;737=!@;1#E90/+D MAX!$YQ[L@1FSVJ@/<-;.?.2L^=9A$S=-0W+OMU/U/ZH@.BJ<$*'T9M$"YF@0 MLG@+.Q]KGK.$7*I*2$;)3;UJ M2'6X8ORY1^O#X5=@BIAC]@A>F.$]W8$AGIIP J[&Q-L=-.A2.:6O)H.6 8E)?DF,Z(UAG#V5 MUL=1V@6#,U/-)E*AA=U&95/Q>&TM]PY21V& :4- SIX4>)OYA/]N["/N>EE M4/8HV038LXP5X]1E;:E\@B0TQ;54_:#$OOV9\V,Z,N#MX8"K\]X:=W-MC^F( M6JR[@Q-4AO;DMH%_3X;"6U"#**U=X02YWS)=IHSNY_%[XU.9I]J@YI^KGH?5 MGK3\-S'XXA'/+S;W."7<^?^V[+,7:6HKXKQ3?(^&,7YB]?04R6#W_\J :/8G@7"3ZG@ 8Y6A]#&T;(M M+=;4$%(5TQ$8)V;UW#R5-/9[^#7+;-H=G\8[897EZYO>JU5>Z#YZ+_,;Z?_8 M]GD:C)(>ZVA./ B%.+8GPW+Y#0=$)WA2BS;2>\IL/A3P9>RN#='^O8U"4<>\ M9K9O];9HU8IB=F7H%5Q(XZN9,*DKVN!8(( \GKEPC%3/6G'E&%GF-I>\L?9E M3PY2%6(1BM_6G\S6E2V$S/ZQ>K M_9W4KH_Z_@Q]5"V5%VR$)J_8#+]MN[Z#I^YRTP.[#YQ')Z,8#M"/]JP!D'R7XW5XUM."T6-+&W'8KCL MM72;W6BF!T>2Z^@X[3A0HS:C>'RKDU2,H8Z[,&C'KV,PD*WV7@,CH1[6L@D[ M19#$T?)(#9*945AM8(E1^SY9+8R_WA^X5L!]"'3184D; MD"94CO ?]-RY6S/V;&)RB[;/^E=/,-O1P[3X%41LC,U. +K:[@V#R&Y\HK#HX!)5.3<)I\\T@< MZBH#H;2P)&;V7;K@:NC,_@6_/P7=^BE7OP[VZRK:[A)H;4"VN&#?XA2MC6FX M+) PF&3&)%3#Y(%:D)] T:>][[[XX1+Z:_CZ(?&U/!W'7?*'9#**#MNK<$4- MC6@/-R @1Z ]@[%M<:F()LO!++NV?";]3PHUI=-)5NQGC)S[SEU:KYNR;[ZL M'KJCAY\_=$@=23 M,Q-[FIL"K^K7J!E*/%9EV"/N;#'YE4HY^!<'3LLF_@E@F.T@E"G@6?/E1#<@ M^.?8I.3N7=Y L*L:@#P&5-52?/R[1M-_UNY7U_-T_EQT4P%ZKTGKN/IA?3AM M_B O2OB&P/:0H0)Z;2M7LHVP"FAG,J4M1;<$DZ7LV?3]\>>F>PW=@U>>'Y&5 MJUN];&CZK%_D;F[F"U/$]?; &W/38BU>JLZL&]RNK9.K_-RZFDX=\'PQIY]1 MZ%@B01^_=Y?V7$+\&.P)01UWD2B!.0XT;&Y;=N?989#L-;Q0!N/,3EG+^OT< M>Q2=YC[14B*%,D:9F"T-)SJX/9"/^7K]RB;57[IGN[QJT4/\[7C>0>PL2?$/ M:A.2P#X]BJ^G3P,'?HSTFLTTT!%^AH!_13!@2N [XX G]VB'GTP:IH1QH>O 'U(X\ M(U6M$G>18T=_Y_B>=$>6;DN?O4:.X;C0S-5\9F6%9^UW@6+>F8]&#D;JR??< M_S@7=ONY[JWCS-Q3$&!(* >"SRTR$"V4[N=9(+!#B!9L5RQTT'7+=V?Y5G9X MT_YD)+[P/=PN#FC'P+-]UAZ /E M&5":LZ\,\16'&&"^PGBV'\%\BL;1'F38I#S[5DSY05*,P6O*F_%:K1 >7D5I M+2]EQQ=.HD?PNIORWY[]XRGV'/0R --.7I7C!>S[9>CWY?5E0QS[%_+WJ;^F-R#_B0]0FJ&@I?5G' MT"!TSI)[#_$/<4CDQ$"R13V0Y7H\/DS_Q0\UI;RY#<@9W@O!C. IUCP,UA2R3 5Q-8NS M!;_[R24:3")\0;=KDGY'=]XV,,1XDEQSG.(=L$]>WG3L]R/H&SBP,WX%S@,E MM3,6L^^:GXJ@T88^PX_O_U040VV74\QR MCOG8?5;JXN7#N$D"8$#J(^2 JCPHT9 >OP+C0,]RXK-^@]0S#\7WJ''$1]?X M=G?AC"N9M_7=AL.Y/W6WVZOOWO().H(#]K#XF@,\/>&L<%L1%]2PMR[PCS6S M33(PQZNJTLU<5 (:+WTB13W=)Y.::/!>CJ@>S>F7(Z)WZ M)+DY :%U*)M!V_D@$4@ MI-#IO.-\9,C).]N&6,\/RPC&\5!@-[Q_-P &N\0F]F@NU@#C#10\ X@#,/G8 MHXBSG *,Z[2GI]JX4^+G496QCE^[#GZ&9)[8EJGA)7O>DJ_-W(#LB9@&X_11 M*'S]\!()O&C3.R1VU%I_7 $)ODGNV #XF?R3'QU32CUYS\7C5E$)<7PF?*7 M4Z:0=XH9\ "W?)6IQWX0YYC_$M/^"O63O/M$#YYQ.9+_UO0TC2UC(,<$[[F'$>&2QZ#1VQ =(1] MB%:[RB_=1)X-WZR#+O$<^4K&N\77:3.Q)']WF]]-VM6\+_\^]AK4E18; MP$[ZZP.UHK)['IW U9XDA4&S6G%2+?,.3D?2;IEM0+)M=K2V[/*3N.#X;&RA M)L_P7^L1W6S%JTE7_9^ YYHDJ"!%F "6;=QJP ^<)>YU0, DZ/!E@;2C[ZHR MA$K\TYS$Q73%P82S,L[:I=S'>C/G^[R"J6HLW\OU;T@C^-N!;S8@_R^J5<<2 M0D]P+N.4 @6E\$!4:C$&) 9D.1QY;?U>4>KOE_RE5ORTEM6E+[DE:[^<=E6M M92OBXI*.>@KE,!+X11Y4WW9#_4LB7/$@,55.!HI2#6U!5PHKG9P-]+'%\F MKO][%(V#3>:= ,H-/]9%+A%GY;.1V*$J/F M:&$&1N$IYH @1\3#25"6^>A*"2K9\@8<'QGKJN*WX&O>-?_TV^ZV6S]"?-T* M3FX;B%#86G+5M94.QV/5@.A+88$< MPV.AF2?ZCQ;ZIMZ_G8_J2IOQD@"Q'@>GTZ/7B' M^*> 89XXKO=LISM'[0Q05$7U@T%=&*Y*/WRZ:Y\M#'VAO*,/AU:^O!)U.<]] M!5/:C70V&4W6@+=1941=8V^15+JW(4G-\LE,YZT8Z*,?'>\JAS)_L@*=U;*< MVXNG5Y==2LM.N*"N= ?'Y2E"0])#F%4=SXDOHF,;CW?S2H'@Q/ M4D@DS!?HXHPR/'/,<[<#5/_.Z6#V0CO'Q&,ZAK1E]I,C:TO&Y2)+J%)M\VG= M!'QEQ1W3O5[D4)+;S&LRID)7X#@H*M8\I(N&JVI%#.8@-R]REV!L<%D[#J MS=+:^O_]T_P[QP6A]-89T88)=RO!/A[W+6#[ CT>8YGW.^MP)Z[.V\>[,S.= MI=U2NNQ6?6@PJ?[?A[&?%[\5[Q'_0E3!]6KB+I*V8_3; $FF"13C-F4-158- M!4HFLT2=)[2&GQK7A"O^8S-"ZS'SL(;WB!H%(KR'$0;IJSF;1;/+ "$'0 M?Y99BS\&?*#R84*U#PK$2%(CO9XU.&"HJM(C_ZN3C%-7,LJ!C MW^ZV#WW:UEHH^^)QAK.J"M>2KVA+IF[N-&%;_0MHL#V%4E4<+6YT6V.SY8W1 M5+X';;&EQ??3KK>X9NW9%K4 B/>G!]H*\1*#XW\$RF*_""N](*97"-)PM,;BN\\6G/AN\_@0U /&,6?K\MYVZCX@]CN_K$Q)< % MQ1<3) DW"T>%)JW O2WM3*(6T-CWUOFHZ0!.N7O'#W^][LG:SSV%5N>[BT\V M_X*(C6S%[X !Q>T46M^5QQ<$EO,L8PRGKH, G%TI*3?_% MZ2#C5.-^W5T=*5]XNZJ>72+E]\7Y4@GA_J+=?PU@&VL(C?6"#$*_S=X-2$J MV<'R7%ECW!QN\EHZLU$\+._5@EE*KD M:>!ZK6(BG?L1#:/]QIZ]E//$&RAS[>WH)9\/1I7M>_(>"$<3KILY[W5DGOGQ M.-U.HT>%(IQ$-%)[<7/B=+^U7I-[U6+;XF9TAU:G%4X9N>)D1#1[:K*B]7S$]W/>_*UM&J49;_1F*L>/ M;7?(AH? D\NL@!G:!H1B2,;*M!8-EDG<$E+[L3O^K>!R9^[V M-(KOJN]]C^ =PXZ29$AA8.1TD'I1V>MQU8GTTAM]2&VDRP3?Y5D8+K+E@>RU M7J-"TW[=P6\C-2FM]0%;=\R$B<)6U$U,@B3( (MP(>4I@:?%!\-6*ZCV0A;^ M[+\('60\-UY)XJ.^Q5I;P4F]N90%90N5ZW_MCZYGBO"%DBS\UP MK/L0MA?7E#;$92?PO1HY=17"35./IS![]> J?(?0Z7CVWS*/660",#+YK-!. M<;B+VWYAY1]B8'G2SLF:'1._ ;/AD =/6E,"\'51_F'2SR"J^2?>K]P\S%17[90D(QY_BF;AY+&:&#APG"9G0/?L&Y4, M$^JP%U(N:1?BR[]QJU&HD*ADF>VA]Z4AOUFC/I]$KA,-MZJ^)3T!Q/=P/ MVX;9#.]'*'Q:LG5N;^:9L9X"Q<+!E2=S;3!D:[%5DN.//A?RJI/US'$["&:< MI_Y?1U0"G.T*5_Z!/2@ Q7EX]];.:6:*^?UEX2[DFL7,$O3!E^O<&<^)_KVN M%GZ5=^[]TE+_%$[*(='P"/9I:#JNY;&@(Y8XN_IUF#&,L+NQ8,JFYL1VZ= ^ MZ9U0,"FZE"#K6WRPY?WHPJ:YM:C#ZU@PB7!S!*'48YXJKM>A4_LI8,5M!PY& M,ER7#_N[B'NEKB*/.CC'S9%>=]R<\#A/J;R3G^WNO'??UFJV@5#J.>\H7YYC M@6?ZCJI@'(&;U4!0%MIGC=%&GOA&W^S-K<"1+[@)CL4PH/;.GW M88^>/8(:"Y[ Q%)A)985BI+:!F&U>_";5V*6Q]**[(#DFM#QRGAVU0/S$=, M$G=XWI-IG;E"#H$P.A *?&G A2F7T.N_CQ.??'$J%I'FN>H/F)[[4%684&K! M<-Y;4W'WU+*_/?+Z%_M#JI^\#@^_J%\*?00M$>VGUD/PE38@0NF=C*.& _!6 MSU[\V<&9(\K1N[-49LC&-R8H/2Y?_C[52O#]]CB;=$^5\4SF.C+_BB&.Z6@%$/B9N',D-N=9QDF:=/L.3+&*I$#)UM%!=YDHL]?/\]WN:; P'\X MQ4H]UI]7O'8*3$%702&XJIP6? M<1TW#=NM?-7O0W_M:1IX\_81;L=UM6A?@X])&\)XW42Q 3@JQ(WHQZ M>P,BRYQBC#4GA*[\GDM$DMO6F^M/I#=4!"3\_5H2\&*/](6;.9*[GX>"%+^J MEPK%CFG.K!Q_!.RGC XNZ+&_U*4QY(+G]E#PI+PG;W,5KERH M8]V/V8! 1-[@2;BF(;)Q M,AY7>MIR]G+3,RH)D#S>5?JG-]L:06U[ ML$7I MDVEBV;RCA&^/;M856;?Z=S>^*(LA/"?,"-N^6_IL(57.4;VHOEU=*_<^RQA9 M;NNXAYY75XD-TE/9<4MJ2[?L&)PVBP/TH+>%!T8YN7UPL5B!#N/+Y[ 8%QAC M2W58U9U%$UB17-_+C%RO^+]>?^,B_R)9'7O$&7"*I5#NPW\-8R;+#$'=S$3, M*IT:CXHQ=(R8@$GXNY3[+OB0-PW)D2TB,G8K;_X%45R!H'H@B7@:7 PPIV'DPK,.F(+R^=U.A M$7G?G^#_6=P+G .SQXDU*V,+O&) 03TH8495P>SA>&9Y66:AA"KHOE\GDWTO MCO0YE_R#6&YT:O]L@[JK-Y(3'Y1!K 037T5P5T3?"(VNRX@:I/ @H,1^]9KC MFA42QO=E)B9X=$RUS(?;1XY$QG! M8"D;08_*XR N (N5P+[WU($%O;&:F$@4XO:A3WY>LV^B]9N-CM-T_=['0]1_ MNCEMO8F]SC'@*Y@*I=H8+$HJ?.XL&0<6F5C.>6U[F6^8*U35SM,F3\K4I_=D M-OXXMJ\FM.&V>'!OFQ::6/T?L$6 P85:%BT%VM0]CB)%P)/71_&C:8%Y9E8) MK'3ACELR)@=UG31VMG7G'/BY,S=ZY=/ -7*^TYI)"DZF4Y<=V',COA^Q"1SQLKR:8-?TC_4CN_=7,;R"H*'%S!?=)(2S*&MUC MK1=&":3OQS/A,N&RQ*L5R/-S4Y?=3@QK;=+1\#2(:&CL^$Q/1?;]&05T79=3 MF/"T([B>T0RL/E#-&$U=/WN<"TU=T ?::^9#?]PY$+HS3ZZG\*OZVZ>OG^:? M1!AO^22]WIT)^3S:PTI5I6ZE RIT@KP3G2A-^?[FTJ5*M*G[RS%A?T2RC$KG M?TYI$-KU?UMR>0>Q;TD2&Y! 8LHT;C,I9%[):Z+3Y&E5T=/OFE59?X[Z&3$_ MO?O21TD982D&E7P^H5:U7?:&OK(8&8D 86\>QTT:(X4?M>V- P.N%! M?I$O M9:@W%N""YYV4&^<<'=;)OW8ZN,U^''C+'$E<4.&= A%("4 4#5$U?A2VKBD\K"B7J?5F M&$&O5>DFYPW<<"53/R9PKP.]G)E^4C,AYS=+=9@)D[*["DO]HVW%B")=DB\K M4JB(E]&NK?T=1SO5\.C.=9S-P/Q#Z3\=>S;5M3_^UFTP;F)MSG#9->,VV:+E M;4Q<-KGH?:G]EMT>CF.V=,>A_$K'';>.UT737'NAJ:);S'W:XN#_@JW?L6KL MKJ2&L>9)J[?&D7?S\[9<\TJ1%-=[*)9_8\87I##5G#;AUDHP1^?!\A[J#*6T M,5U[7;TTJ+W?\VQUQI6 ME5@\7->8"?E;)?*D<1,.Z\BS[8;Z7&^O@XQ0'%!_U$SU6DU/T66],S;?+_@)E^R6YQL)"-T:H=0M6"E YE_V4 KF:+!Q M3*2,0\NV.0I9ZA\/;:> D9%K(R,CY :]W\UNDMG"65&[IUD'H;04+0N72F@9 M2C)W54''47Y:58S1.77$IS[6XZQ9O3POO[[&1E:$FJR]PZ/!D'X6L)NPG,RN MXEYZ*<#;:*.=!XH=^GVSO&M]^RT(*M;VJE;7.ZE'ME99?D4'X&S.C%=D9OOJ M;9=->*>5P MB#%>[DQU9M:+$1#>36P.< MCQD7>2G\/=FDI#/?66;X V1E7UE*N%X]TD6<*O9-!W39^ 5FU_1CP)G^NB+W M--O^ 0=&5CW?J%Z::2/N+WQG MLRN-[-FM\"&F:(*U4H=!51]=YN:4Z.PF62(B=MZY!^]^(W'KBDL\�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ü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end

V-D77D5XLU.'N*1%UA&P"#2%H*8QV^X M!<8LDN'QO@7UJG=:P_WQ#OV+<]XX\TH4W KV@\8Z'7E7'HHA(073SV+U%;8. M]2Q>))AROVBU/1MX*"J4%MG6V##(*"^?9+T-Q)X![G]B$&X-0L>[?)%C>4 MJ3<7:,Z+:<7C=3_"F!66QB9-" M?]",#K%O$&%2H@],0XZHB='4\,9JA.^UB M7%7$_1.1J2Z[>'!$F9JQ#\BCNAKCYIK9*E-[-M4U%5^?ADQA78'#X'@RM6 W M9)._UPMG()>NXU?(.5RVQ=5J=:N8E+UT?;R\DLR(7%*N$(/$F :7 Y.6LNSR MRXD6N>NL7X4V?;H;IN9F!-(>,/N)$'HWL2^H[EKCOU!+ P04 " !U@592 M,@>")ND# "U#@ &0 'AL+W=O('OQUY)N>A-)^[=G9I.9&4*+MB= EV5)57/5ZR0 MZXL>Z;V\N.>+W-@7WG2RI LV9^9A>:=PY;564EXRH;D4H%AVT;LDGV](; D. M\8.SM=YZ!AO*HY0_[>(VO>CYUB-6L,18$Q3_K=@U*PIK"?WXNS'::W_3$K>? M7ZS_XH+'8!ZI9M>R^)VG)K_HC7J0LHQ6A;F7ZU]9$]# VDMDH=U?6#=8OP=) MI8TL&S)Z4')1_Z=/32*V""1Z@Q TA.!80M@0PF,)44.(CB4,&H(+W:MC=XF; M44.G$R77H"P:K=D'EWW'QGQQ80ME;A3N MUXU]/^<+P3.>4&'@,DED)0P7"[B3!4\XT]"_EN52"B:,MG"$5&554,-2^&9R MIL#N*Y;;XEHQ^"*U/H7^C!G*"WSZ! _S&?1/3N$$N(#ON:PT%:F>> ;#LTYZ M21/*51U*\$8H,Y:<0TC.(/ #OX-^?32=C#OHL^/IHP[ZS?'TX2[=0TE;78-6 MU\#9"]]-US^^( UN#2OUGP<<"EN'0N=0](9#VW4A75TD.W518%UT:5Y;'3JK MMNNMIL%@'!%")MYJ6]P.7.0'413NXF8=N,"/@W"PB[OIP/E!$ 9!B]M)0]2F M(?I?:> "UPSZ-AVG9]" [4Z24[% 7? C$3A %C@$&AAD2I:04)U#AHT?[LS;G0/9 M&[=NC#^&G,3?#$__701MS&XKY>]IV0'![M,M)-F:]N18*9O>\:)HRA1?N4Z# MG<,V&)G9Q@&/3+",N^4)M@? V>S>VW5XAF=%O63NL%<\'TKI9FZ1#S*XR&9R MD?<978W9G>\QBH-]H5^CB/^&SILI0XX?,UVGL'Y]#+MUT^90DC9MG0P^B&Z; M]D_B]]$M?C7[L8_&?CS8EZX;.+;GQYU#1R._4T04<#L,HVBL(;^O$ M;R]T7ZE:<*&A8!D2_?,ABJ7J.U*],'+I+@&/TN"5PCWF>*]DR@)P/Y/2O"SL MO:*]J4[_ U!+ P04 " !U@592M1&Y9V8# !M"P &0 'AL+W=OM*(N=Q-/>*]'CRR]<:X W\VJ>@:5VB>JJ6R.[_S MDK,2A692@,)BZLW)QY0,'*"Q^)WA3A^MP87R+.5GMWG(IU[@&"''S#@7U#ZV MF"+GSI/E\4_KU.N^Z8#'ZU?O/S;!VV">J<94\C]8;C93+_$@QX+6W#S*W4_8 M!M00S"37S2_L6MO @ZS61I8MV#(HF=@_Z4N;B", B<\ PA80?BT@:@%1$^B> M61/6@AHZFRBY ^6LK3>W:'+3H&TT3+@RKHRR;YG%F=FOU-0*X;<"[FMMWVD- M$:/@ 3\&DC:TU%KB>^L8$Y M>G[6!G&_#R(\$\0"LSN(R V$01CTP-.OAI/QEW#?IK/+:=CE-&S\16?\/>(6 M18TW\""8893#O*ILLFBCVR4J)G,X3=HG1>WE:&S^_-EZA >#I?[K I^HXQ,U M?.(S?-JJ:7OM,F1;^LPM-X&F+]%[3Z/&DVL!VUDXC*.03/SM<4)[S*(D'HT[ MLR^(QAW1^"+1!1:H%.96#IDLK7KH"^JS5/>^AD<C4[.,T121(R?IO+P0E#*^-D%,7]'(<=Q^%%CB<* MNWG5GKV>\UQ63FHW=O6W[3(VE/:>7M#;J/ORZ+O0?]+Q2=Y+_VER6HPHB2+2 M7XMQQV#\?L).QSV2C<.DGP()#IT^^&;1IJV/MVH:T=75F2=^RZ M*>EIJ-$9"H=V2KZ]GZ;DM*'>$O*VD_M'LY ;1'^A:LV$!HZ%A05W(^M%[6>[ M_<;(JAF/GJ6QPU:SW-AY&)4SL.\+*&ULM9== M;YLP%(;_BH5VL4I; 6.^JB12D[1KTE2KVGU<3+MPB0-H@)GM--N_GS&$)M1! M:--N$FS>YYSC[2C[ =/"!'@5YX5?&PD0I07ILFCA.28G].2%/+-AK(< M"SEDL$H+P,AF;%S:%RO;J@"E^)*2 M'3]X!M52GBC]40T6Z[%A51&1C$2B,H'EUS.9D2RK+,DX?C9&C=9G!1X^[ZU? MJ\7+Q3QA3F8T^YJN13(V @.LR09O,_% =S>D69!;V8MHQM4GV#5:RP#1E@N: M-[",($^+^AO_:A)Q $@[>@ V .P"Z 3@-( S%$ -@(8";@.X0P&O ;RA@-\ M_E @:(!@*! V0-@%O%.%L_:5LX;ZL-MBOZKV261?;EO5VZP;2W7E' L\&3&Z M ZS22WO5@VIMQ2^X.!K*A(P M4P$0QL';>X#YO4]AK<4ZB<^#8[P"TH*4):-://Y)2XM9)?-Z/+[=%+W[5C]]A MUAO\]>"UVZ$&_S!X[5K\9O#:M?AB\-JU^/+?ZG[[;ZE;#<>#GBYVVMWO*'O. M*7NGMC7XMI)2L! DY]]['*'6$5*.T E'GZC F6[?UYBOL.K$\#QQ',]S9&J? M#W>31F8'"-G'LOEK&0P]9'=D5QH9"B&"Q[)KC5/+\Z!_+/N@D<'0=H)CV8U& MYCF^%Q[+%KJ5NA;J.%V^EMGRX.5#=*R[U>@<&[E!)R4KC0ZY8>"_V#NJN]O6 MW>VM^QT6A*4XXZ!D-"*:];[OWWKMX[\O^K;98UYA_FR HC\3M5O M-3H(0]AMR95&Y_@(H4"?_Z"-/^B-_Z-(" /XY?^9]R0E;(V&_S?[MO5R.K'^ M+O\-=]2PMBR U\F_1A>XCM_Y?5EI90AZG>R;!P3"*U?6!@XAN"U'_ZK:S M[17E4AW4.O-3^V)A:^:7U95&'>Q>S-?W(?F_%:<%!QG92%?6N2\W'JNO&/5 MT%(=\YZHD*&PO=V]R:W-H965T?!@B0^OZ1+DLHO,\H2 M7\@FF^M\R8@?%J0DUI%A8#WQHU3K]XIW$];OT4S$44HF#/ L27SV?DMBNK[6 MH+9]\1+-%R)_H?=[2W].ID1\7TZ8;.F5E3!*2,HCF@)&9M?:#;P:(Y03"L0_ M$5GSG6>0=^6-TA]YXS&\UHP\(A*30.0F?/FW(@,2Q[DE&Q>*'K!U)VR,[M!33FQ2]8EUA# T'& M!4U*LHP@B=+-O_^K3,0.0=I1$U!)0$V"=81@E@2S*\$J"597@ET2[*X$7!)P M5X)3$IRN!+LQ#Y0^RAE*SHVO %NW\&$T3 +Q+G$$>%',3\'G\'W MZ1"E!'>;B)$1R(TP;,,:\'!71J24,$? MM?,A:C&@RW15.4/;G-VB5HM#$EP"$UX 9"!#$="@G3XE2TDWCM*'[?11EK;2 M[]KISSYK#?Z^<]^AIZ!_Z=QW)?VA<]^5],?.?5?21W^F^].?I6[ZVC&*S MFOEF8<\\9N_8E ;_CB44/ J2\/]:'%F5(ZMP9!UQ](T*/U;-^PW-*6CY;F'5 M-TV,39G:U>YL4L"@:UEP'S8\A"$/6[ !NU/ + ]9:!]VKW!J8(RZY3 MV]O3W:YTMUMU?Y ;(#"A:\**A25*,[D&@%=_1<"9-GC5SL%8;I\8;QEBN'*% M/W8L.Y4CYZ2Q/-K0\$X.L84-W!A63XP+GW0_F!5ZM('\8FJ8,6,,$VS M*8H"ABW+:&IR",/8,8PCDM0%%;97U"+I0!X-P%\T_;QI3=]YGI^V]-0U#[H? MK$1=!:%WHA+>834QG>9FXDD!@Q;$S?5_K,#9GFD>D0+5M16UU]:_Q4(F?YN> M* WB+(S2.;A)EG$TB^3H>+]"%Z--[=? MM?G-99P\.,VCE(.8S*0KX]*1U8]M[KV9C%<6Y)Q?%?:710^8RO!SX M S!G"[J.Y3/??&7E@(H 9SS.BE^P*;%P &;K3/*D)*L(DBC=_M-?I1![!&5' M3\ E 3<)3@?!+@EV7X)3$IR^!+JDMW*=B=EEVY4Y-O:3JQB5MY024=#P3= Y'AE+W\HIG;!5Y,Q M2O-5^"*%>ALIGAP]LW>6KAFX$SP!8YY*H=9%!EXC&8)Q$0 3&?A\$V5TN11L M28NUPQ>@)'X!UQ_@GO&EH*OPXTPAF:11G)V!/\"/EQOP^=,9^ 2B%'P/^3JC MZ3P;6E+%G7NW9F6,U]L8<4>,-OBF @LS<)O.V5S#GYKY"!L,6$JP2C6\4^T: M&RW>L-DYL-$7@"&&FH#&9OH+6RDZ[*3?F.G3=6JDWYKIWZ@P!G_7>^PHT-#O M>X]=2__:>^Q:^J3WV+7TZ>_E_>'WI'OL3_<-L]BNUKY=V+.[['4M:O#/HX*" MB61)]J_!D5,Y<@I'3H>C[US26+?NMS2OH.7GA?>1;1-B*VG?]U>3!H9\QT&' ML)LV# ?$00W8K0;F!-C!A[ [C5-("/8.8?<:& Z0[1_"OFI@Q/9(< B;Z$;J M0J?A=-J&(77L\K!SB'O0X&SDN'Y#DD<-SG$#WZOM'>3=K?+N&O/^)Q=J&[E2 M6T@THX9Y1"I[Y+03UJL<>4=-V.F61@[F#D%^(XT/&I@/?9\T9-? (/8<6Z^Z M7P7O&X._9^ITFGX89 @J2\%I]4:P/H; XQ0O>?LB$9DWAR0?61&[/:T18'KP&9*-#A'%95F\='A A(@KR,G]:Z#S-O..(Q24]E! M=1U#[HEEKTL<(D?*3EHRN1!CSV_*WL8Y@2I1L"E[&T=P +VNI5#73F0NGE.Z MHJE)B[J0(?_$LM>5#@5'RAZT95>GC]9D;\,\Y+E>4_0VS/<(ZM ^@2D/;\QO5_$&'P\AM[;-:G(==U"%[72.Q MN48^LTSF$KUR$1N_*^N:A9T3RU\7-6P^G77+[[:/@Q#!YI:K@WD8M\1OPURX M9VP;O;5WA:'.B\OB8BX#,[Y.Y?:+INJM+O^NBBN01O\UNI@@3?\473QNK_9J M\]N;1O5-N(S2#,1LH5S!&PO=V]R M:W-H965T%&%HK*=<7MBT6*YH3<<[6M%!/EHSG1*I;GMABS2F)-91GMNLXOIV3M+!& M SUVST<#MI%96M![#L0FSPG_.:89VPTM:.T''M)D)S18DX0^4OEU?<_5 MG=U8B=.<%B)E!>!T.;0^PXL[Z)2 5GQ+Z4X<7(-R*L^,_2AO9O'07N^M7^G)J\D\$T$G+/N>QG(UM$(+Q'1) M-IE\8+L;6D_(*^TM6";T+]C56L<"BXV0+*]A%4&>%M4_>:D7X@!0=LR 6P-N M&\ G %0#J"^ :P#W!;P:\/H"?@WX?8&@!H*^0%@#85\@JH&H#?BG$N?L,^?T M]0&;9+_)]DEDGVZH\VU7A:6KZI6]\D*7MN95,:9%N0L?)5=/ M4\7)T0/=TF)#P15G.9BP0G*U+P3XGLH5F.@ *!?@XS05)$DX38C>.VP):O 3 M&/\$3ZF*+3E3,BI)FHDS\ _X^C@%'S^<@0\@+<#3BFT$*6(QL*4*NG1M+^H MQU6 [HD $?BBHEH)<%G$-#;P\VX>NAT&;+5:S9*Y^R4;NYT6IW1Q#A#\!%S' M=0P!3;KQ1[I6N',2GW;C\TW1B5]VXU\([PS^JO?<863 KWO/W8C?])Z[$9_U MGKL1G[\O[[?O6[J[_GC84<6HV?A(VT.G[)W:T>#?.R4%,TES\5^'(]PXPMH1 M/N'HB4F2F?9]A04:*YN%[0@AWT=J:;>'N\D@@R'&\%@V?2MS(Q_#ENS2(,.1 MB]UCV97!J>/[;G LNS;(W BB\%AV8Y#Y*/"C8]G,-%//P2VG\[%P:N]H[Q[3=Z]SKQ?,Q8+H%[Z0%"^31=4 /5Q*<22 M?X+L" #3 M!@ &0 'AL+W=OK)0NF*6MSD)3:F2I!Q4B MC#J=05@P+H/)R)\M]&2D*BNXQ(4&4Q4%TR]3%&HS#KK!]N".9[EU!^%D5+(, M[]$^E M-N[!E27F!TG E0>-J'%QU+V=#%^\#OG'LE][[^1ER0S.E'CDJR=VGS"QD_?\25*&'^%31/;"2"IC%5% R8%!9?UG3TW==@!= <' %$#B-X" M>@< <0.(O=%:F;6TU/.>'LY [7*"N$ M:ZT*F"EI-176P".W.M0&3K\PK9DK^!F'^SF98OJ:("1+K:]HZVL:'66< M8W(.K?J M>Z+Z412W4:\\]UO/_:.>;[GD154'.?*#O.?-CTU"R2MKZDVI/V\E\Y0?2F_,I M3>QZP/ZAJ&ULI5;1;MHP%/T5*^I#*[5-G(1 *D JL&J3 M5JEJU_79A NQFMC,-M#]_6PG!$@"8NT+L9U[CL^Y%\>WO^'B7:8 "GWD&9,# M)U5J>>>Z,DDA)_*6+X'I-W,N9&;$\J<8=^N/8EA MGZ]41AD\"217>4[$WQ%D?#-PL+-=>*:+5)D%=]A?D@6\@'I=/@D]N:;[U :ZAB^ MA&?2_J)-&>LY*%E)Q?,2K!7DE!5/\E$F8@^ HR, OP3X=4!X!!"4@.!<0%@" M0IN9PHK-PX0H,NP+OD'"1&LV,[#)M&AMGS)3]Q$+4 BRJH8="\EZ$C"9KNUGY1,:485!7F%+B>@ M",WTZ :]ODS0Y<45NC 4OU*^DAHG^Z[2%HP0-RGEC@JY_A&YV$>/>K-4HF]L M!K-# E=[KQ+@;Q,P\D\R3B"Y10&^1K[G>RV"QF?#<=P"GYP/[YUP$U3E#"Q? M<(2OJ@2QU3G!&%:,H64,/\-8)+@@Z%H"\YU9#WMQK).QWD]C,RB.PLYAT*09 MA#WL^574@8-.Y:#S/PZN46+_S6U."J)H;_^;*(QJ3EJ"PDZW76-4:8S.JUNV M.T$GBM>M:+OG6=^CU:KS M+XINHI@HOK3WZY0K?5W:8:H[,! F0+^?,_0!0 ,#0 !D !X;"]W;W)K&UL MS9MM;]I($,>_R@KU12KE@O?1$!&D-KGJ*O5T46BO+ZJ^<& !J[:76R\A.=V' MO[4A'I^P67I@L!0%&WMG9W?^WI]V!@]62O](YU(:]!Q'27K3F1NSN.YVT_%< MQD%ZI18RL5>F2L>!L:=ZUDT76@:3O%$<=8GGB6X1FIUT\&=UR\>PMG<9%]TAX-%,),C:;XL[K4]ZQ96)F$LDS14 M"=)R>M-YAZ_?^SQKD-_Q9RA7:>D894-Y5.I'=O)Q//VOU:Z=L3%L$DQ;)*;I;N'?>DL1;]!]JO"$%9XPAR=K:)>4'!3$MI'UR3[I@.7CC!6Q8H47@FCA^HM4E1"A3O^[@Z3G[AB+]7G-;A MD8%.[!RH)ZF1L>LGFF9/]KAXLNU==DV,D%:/RH1CE+ZDV8SLF)!>X4>O9:'J M%Y[UCQ^J_E:H<*_'^M6QPAZLM]X^T3K"+%VBD0FT07;=E^C;N^ $[P7 M3TXJY:;8A0%>N&WTPH OW "_-C;+:L8^Q[1:S@0 1EP .X:<'9TXY4P 802? M6<[$"5Q2VI>T;6-"@'&D@:T)J=B;4$IJ5 CP(7MM3IJ/:M.\)< TTK:M$ '& MD08V0QN;96GT^Z)&&8 OXL+74=:GW9VXUR< #^FU3LE-X98 TDB_96*F0#AZ M(.$J4S#>-FXIK5$S!7I1%[V.H69')TXU4^ 7=6W*FE8S==*6EG)MM&TJ!,)1 M%^'^CPK9E@J%7[.#H4 >ZMI-G2BH3<.6 M"H:)LR@'#T0,)5*L/_"64 O*@+ M7D=9GG9WXEZ> #O4M9,ZO9*;@BT#H#&O96)F #AV(."J!+.Q619S7;$#R,4. M3"?N)65')TXI,V 7.W?&D3E)RTJUI+8E"QG@C360+&05R<)>326' 7:8:Q]U MHJ V35H&-&-^VY0!>&,'XJU2&;V?4 :0BQV8 ]QO>=K=B7-YXL 4N.J4 M(8!W8E;RL N<>Y$HW"25I1^ -BV'*$ O(D&(:S8N J@CSEW? M$JM1.8#WOP&2F3^=HFLAK,^<,L_,(.XGY1W=U(OY6[I_8_L79K? ST+ MDQ1%5>98;U^/65]8M0B?R7$RL6H.#^9&^9%"\) M#?\%4$L#!!0 ( '6!5E)QYN?ZB0D /)$ 9 >&PO=V]R:W-H965T M+6Z %BDV[ M^UIQF%BH+7DE.=D"]^%/DA^&U@-)A>Z;)DZ']' D_CS\^V]?O^3%MW*E5!7\ MLUEGY4T+X M?).DV>SVNOW;Y^+V.M]5ZS13GXN@W&TV2?']O5KG+S184ZO%F]@Y^64 8-R/:D#]3]5)JOP?- M6N[S_%OSX/>'FQEI4E)KM:R:.9+ZQ[-:J/6ZF:I.Y._#K+/3DS8#]=^/L__6 MKKY>S7U2JD6^_BM]J%8WLW@6/*C'9+>N_LA?_JL.*XJ:^9;YNFS_#5X.L606 M+'=EE6\.@^L,-FFV_YG\?0C> M_/0V^"E(L^#+*M^5]2SE];RJ\VV>=;X\Y/9^GQL=R>V#6EX%#/X34$+)P/"% M\W"0Y\/G=95.I:*G4M%V/C8RW[XBAHG8:2+63A2.3/0EKY)UD Q,MZ_*?K1H M1S?[\/E6,AH)N)X_ZZOOAPE@1-!3V%ERX2FYT+A*[6(;EAJ=9HN,2_V89T\_ M5ZK8!%E>=6?6P>*0T,YB^U%AC:IP>*W\E!TW9K?(LRK-GNH;/MCN MBN6JQD&PS&M&/:@B:2@SE"_O90*2LTZZ_2 JV'"RXI2L,";[>U;749554*>F M@O(EV0YE)WI/S,G($\>G)XX=;M?UV'VQ?]ZX?WV(Y'&G+ -1E HQG)\\Y2>- M^7W*,_6]9F+QK7[9>]S5P'I0V[Q,#_1J[[[C7PRW-!!$)O$# 6CT!?,=F)2K M0/V]2Y^3=M7^&SY/]W+>/R XJ"?M2=&^K#^Y_ZKG_*>Y_ZK__:7__4TE@ MA)<4 4 O!0#:!T <0Z_3&PBCD:Q?.D&P[3:0&QP3RQP1 ;[$+8 M6+ ^-GA$8+A,#+'!S-AXM]L?W_=-K%KN"MM1@VG'*D]\,,0',^,#SRU:F=K6 M)Z]6JA@_O"U8'RJ1'+F[&"*%F9%B:_[/I\7]S[AGQ7#7,_/QQ*-B_3,+C!Q9 M&)*#F[GD'B=_P_#K0W_0%Q(@8R=]T*D M1 @7T !"W/2A>=,[J "'&?2UD.YR32'GF2$R0K,4\RH%X#"G,5=3R'FNFC!C M9I*; !#V^3/VS$B?T$P?)P4@[#!.%($'XI&8;;.6(,.4]0 M>_=I$D.HS0WB4VZS V<4'TU18!+(I%!W@#<51"./9FK4" B/@"XH) '@@+#^SB MPF$&F\=@(,Q@,H@1([%9[WF5R!#WQ9WN:Y(QY#Q7Y%1LYI2;R! /B,.C-@.D M4FRFDIO1H-_=,$E(5^*!#&C4@Q$C$V$Q$]\8W'B#>N %! M(O&DF7B=ZS?AI""15-(L4ENOE43P2,M[V0[72O:!,NA'&(@S^!$D@D=. X^S MZ""1+=*3+1+9(B]U]I)]?(S;$R021$XBB+ON(!$6TA,6$F$A_6$A!Y3?<;>" MU-QSEZ*%[--BR*TP$#9F02.ZY^Y'(06(9L-,5OO"4*#) MOP!$,]^12829+$< T=QYQ!,U0#2_';D0;!;'F9SN3)MS=7>NQ9YK4RE@P)O;/7@,Q8Q:;4#W[QY\MWX*!>A^ M7(LAUT&C.$YA7K$III.=1A0P2T:OTB>.DUH^"#$4-OI1"- MQ!8/L9M0 0/V MX-&*:92RF(.=E(KC)-8*]*3.W1/SERQ VE-.LR6+S+;E5V[Z(T+S)8S,@3VF7J MSD'-MPS48F$\OX13CAB:I1FH6?]VN%P:B&RN8Z?+93J0'3>%^Z%-,RX#FX8@ M9]$"-$LS,%_*:/9DL/B3)]R$S)TC3/\(U"2.N L7H+F;@?DB0[,F@\6;['0/ M,G=D:/9E8!=#!G-HKXPQG20UK-BNY4[A5Z1:A_ M$-.7-9H1&2Q.9(^3]H#Y>/RTJ/F/P=V S"8K%IK/&'R-QJ YC<%B-?:I8VS8 M\/N$YMKW433?!O(I*9[2K S6ZK$>0ZX:>T6Q_WZ-_8,JW[9?47&?5U6^:7]= MJ:0^?C8!]?\_YO6Q^?"@^=:+T]>&PO=V]R:W-H965TF Z^,G]G<^> IFR@Q>*/&)%W8Q M"'H!%#ACE;"W:O4>FX#.'%^NA/&_L&ILHP#RREA5-F!24')9_[,?S4:L >+N M'D#2 )+G@'0/H-, .B\%I T@]3M3A^+W8<(L&_:U6H%VUL3F!GXS/9K"Y]+E M_F-7,Y.8:C"5K&A3F&$[B_F\#1 MJ^-^:,FYHPCSQM&X=I3L<10G<*VD71AX*PLL-@E"4MU*3YZDCY.#C!/,3Z$3 MOX8D2J(=@BY>#(_/=\ G+X?W#D33:1/1\7R=OR;B-8R,0MTMS^!%XN2;$KEEVU4)-EGLQ=/8]#RM#C>G(.66PH/&L5GAU4>*7D M_,2B+D$JBV:7JIJ@N^:STTNI>*+GXK8-4[)*UPTW-'9;C=T7:BQPNG/CNML2 ML_-NMBUQVS"-LZBW5V+62LP.2AP57^G6<7D%ZBH@J?7,J7W0'<\$_T7%Y^J- MRUQ4=(IIX"UHKDK<%4^V)3/I[-CP[&_U,CEDL1%HKPVT=SC0CQ>7,+)6\VEE MV50@6 4W3&]5] ;[>YSCZ<^]'_S+/C;=L?Z)KG>%:JRI1SWW+-Y"K M2MKZZF]7VV?%R#?39^MC]]SP+? /3?U6N69ZSJ4!@3.BC$XS.LVZ;O_UQ*JE M;XA39:F]^N&"GDRHG0%]GRFZ0)J)<] ^PH:_ 5!+ P04 " !U@592E%A^ MC",$ "G#@ &0 'AL+W=OX/N1EQ/*!O.9'7L4\QDO5$89/ HDBSPGXNL",GZX&^#! M<6!-=ZDR ]Y\MB<[> +UO'\4^LVK61*: Y.4,R1@>S>XQQ]6.#(&%O&9PD$V MGI&1LN'\BWGYE-P-?.,19! K0T'TWPLL(:'7Z 2-#)\,<^D_46'"NL/4%Q(Q?/*6'N0 M4U;^D]=J(1H&6JC;(*@,@K;!\()!6!F$;S485@9#NS*E%+L.*Z+(?";X 0F# MUFSFP2ZFM=;R*3-Q?U)"?Z7:3LT_$BK09Y(5@!Z R$* #JJ2Z*KQ@6_1?5&& M:4T4H">("T$5!8D(2]"2,T793INAQT+$J8Z"&9,T 4&LU=4*%*&9?(]NT//3 M"EV]>X_>(E6 2]C"N(;U&(KU'@![[#H>6;S?'48;YZN_FD1TU8!S:T?,,+?,>( M"1,Q64>LAWE8,P\M<_C-E+E&]U*"SI8J=1)D4L3,)71"H 615%ZC9\8W$L0+ MV62 /K%]H0R&LYAFU.;'-5J2+"ZR,EG^7/,L0WI3'XA(_NKQ=U3[.^I=B07) M"(NUL[\25NC:]N,/./)_PJZ4*XG&ELA4S)?Y:!K,O)=F%G0QD^'X'+/J8K"/ MHQIT)B.J942],M:00+XW2^3<+:5QU)CR9C2-6KX[0$$T;#GO OECM_/CVOEQ MK_/+E.@*8;;\UF3/B\D>EXIQ9^Z6=\LN8MKROXL()V[O)[7WD[=ED-ZDD&] ME"D4.G-HTIG>;TGH(CI9MNIBFEEVIF):JYCVQ^!4I_?'.ATWZW3/7L/^Z3SQ MWUP=?J-DHS>Y/2G^EQ*!&\<@_EY%HF)JQB88AZT8.T"3Z:059 =HZ@?N*./@ M)"7HE?((@O($*4&8)/'%@E&Q-"?'TZBCHXORVRKZ(.<:3H<7[C^]ED2F:$^^ MVLN(T_O04:7&[5KM0D5A>Z\Y4)<$G,Y(//PN!:^BZ2L7#LA-T"YZ#M#P0M7# MIX,3]Y^<>H?I>S-#\!J7K3NMNYM MC]$:7Y@NS'8&)YJRA7L@8D>91!EL-:5_.]:K+,JNJ'Q1?&_[A U7NNNPCZGN M)$$8@/Z^Y5P=7\P$=6\Z_Q=02P,$% @ =8%64O!3&GA[ @ V@4 !D M !X;"]W;W)K&ULK51-3^,P$/TKHX@#2(5\-.5+ M:21H%['2LD(4V,-J#VXR:2RDK%GWOB]L6>2M51/ MND0D>*Y$K<=>2;0\]WV=E5@Q?2276!M/(57%R"S5PM=+A2QWH$KX41 <^Q7C MM9KE$(==C+_1>-^[XHB2[X:?)DBUPAO2PO%5F MY?=9UWK#!*IE+^6077_.Q%UA"*# CFX&9 MWPHG*(1-9&C\[G)Z_9$6N&F_9K]RVHV6.=,XD>('SZD<>Z<>Y%BP1M"=7%]C MIV=D\V52:/>%=1<;>) UFF35@0V#BM?MGSUW==@ A/$.0-0!HL\"AAU@Z(2V MS)RL*2.6)DJN0=EHD\T:KC8.;=3PVM[BC)3Q2-P)!%O"E*-"5&VX8-8K3"YC#4%O?-8H<[N6;YVN]0DTNRP'L3Y$8 M%\8ZA(?9%/;W#F /> WWI6PTJW.=^&1D6#)^UE&^;"E'.RA/,3N"83B *(B" M+?#)I^'AV7NX;XK75S#J*QBY?,.=^>8$,\RL>HYZX"IR2/*PZBHRZ&LS@(M* M*N)_,(>)U#2 [Z9/?U[,-2GSGG_]@\VP9S-T;.(=;#X>#HY>1\#1^X9: Y6L MAA!>D*D!7)HF:]_ MLMHSSMQY]F9L$I'87PZ'"7^:K/H6\*":!0?]V'OY,2] MG/B_RWE[TMODQ%OE1&5#3#^0DIZ7=C^[L=Y^A=02P,$% @ =8%6 M4@D@\+9Y @ 608 !D !X;"]W;W)K&ULC55- M3^,P$/TK5L0!I*7Y:A*"TDC0"BV'U2(^EL-J#VXR;2P<.VN[+?S[M9T0!9IV MN30S]KPW;\;V--MQ\2(K (5>:\KDS*F4:BY=5Q85U%A.> -,[ZRXJ+'2KEB[ MLA& 2PNJJ1MX7NS6F# GS^S:G<@SOE&4,+@32&[J&HNW:Z!\-W-\YWWAGJPK M91;G*$31!AZK/A& M8E;*S%5:CV%UBR[W=9L[.)![ <4$A?XW%'B!-P*??QGNIQ_AKNY"WXJ@;T5@ M^<+_M.(-+8@L*)<; >CWU5(JH2_;GR,9PCY#:#-,#V08]%=W# F\TT>I0!!, M1]O7LB66S3S';>ZG7I)$F;L=MFD_3+_A,/7ZL ]BI[W8Z5&QS_KYG1-VW@A> M@!S5UQ+$@\33)(C\3_)&HM(X.* NZM5%1]7=$$;TK2_1FO/QNQ?MI?6#.(V3 M3^I&PD(ON3@@+^[EQ4?E/7*%Z9BJ>.^LPGB:IN$G52-A%UZR=Z3NX.&;H?L# MBS5A$E%8:: W,6-*M(.L=11O["Q8&PO=V]R:W-H965T]V323'(2\4R6 1O<5XVKFE5K7EQBKO(2*J*&H M@9N7K9 5T4:4.ZQJ":1PH(KAT/6PDD@U547DPP*8 M.,R\P#LJ;NBNU%:!TZ0F.UB#OJU7TDBX9REH!5Q1P9&$[*B +6F8OA&';]#E,[)\N6#*?=&AM1U-/90W2HNJ YL( M*LK;D]QW=3@!!!>O ,(.$#X%Q*\ H@X0?100=P!7:MRFXNJ0$4W21(H#DM;: ML-F+*Z9#F_0IMVU?:VE>J<'I](KO@6LA*2@T^$ZD)+8/YVB0@2:4J7/T&=VN M,S0X.T=GB'+THQ2-(KQ0"=;&OV7!>>=KT?H*7_$5A.A:<%TJ](474#PFP";P M/OKP&/TB?),Q@WR(HN 3"OW0?R&@Y8?AP?0%>/9Q^.2-;**^%Y'CB][IQ0/* MJ,J94(T$]'N^45J:\?CSAH>X]Q [#_&['FHI]M3.[HM];%G&CL4NCGT:CZ+Q M*,'[T^(^MXHF4S]\;)4]MPK"Z23HK=I$\,DO7('NI=FD M(*V!>=\*H8^"==#OYO0?4$L#!!0 ( '6!5E*M+%@R$@8 +X= 9 M>&PO=V]R:W-H965TRX=[MEJK]$-_ M^)SF@8IIJT'S\*I;W29@K/B-!6I]T1OU0$"7) G5/=\N:!'0(-7G\U!F?\$VE_6<'O 3J7A4@+4'$8OS M_^1G,1 [ *VG&8 * -H'N"T 7 #PH0"W +B' @8%8+ /&+8 A@5@>*@%KP!X MAP)&!6"4S6X^'=EO)M315@HWX,/X.O#'+S[[3WX#; 8?%GS M1)(XD.=]I3U)]?7]PNHTMXI:K&+PB<=J+<%5'-"@ 7]MQT-D4=#70U". WH9 MARFR:IQ3_Q1@> *0@YP&AV9V^";!E8:C9.+??- ^Y"B]3D5:5 MIPE&$)[WGW9'NRX$QXXW+*4J[@U*]P96]^ZI5(+Y2@^%3^1:KU\_3/3221>R M+GH;P@) ?^J***D$>E$#KM94: 82@L8*D&S,FA;ZH.8MP@A50[K.A896H9NZ MD-,<\[",>?CFF//PVL,:6IS)8^J4N*E+H#%TFV/RRIB\@]*LR6>O9L^%>#BL M>C7WZNGE.%YMRNIB#>@,H3<".X;"[PL#:I8Z>%I" R[B#[D(1'SW-;#*8(P,%1 M4]TP,;13\6M2?5;HJE; P;"E&D!#G;"#.ZG.:B;!P[-,([,%9C@(CHXZHH:T MX-@:S)_;F JY9ANPH<+72UCO-&VI.>_0IQGYU'%^;^K?WH*L-N&&$I&=$N\2 MX:_U5E3W),RGC8VTTU!,O/'(VZLYW7)5%PUC(CMC?M-[\8RBR(8IHND@^%=O MTU(2;=PVU&G2=4LW0!\P):L3@8CMS]\4'U;J$B5G7-T"2RT^2= MX" [4@&"/M$X:9K$1:%CUS@<#"#V<(MYPY2HHPVOKG'P'YAEFVC=[ D:YMM; MO6ALBQ\9.D5'I5-DZ!39Z;0TS(RMK)<] 8FDRR0$(5LV+Q^[8@@[*R8R?(OL M?'N[YYRT\A.J=XD8X4$+ZR/#T,C>)M8S0K>-ZYB'?/5\DI:B@$9$?,\V/=D; MB$E$;0-@.!H=M;/$AD:QG4;?GA\=BH>=Z8$-D6([D;XN/7"=2"%L30]LJ!3; MJ?1^9@MFY]#AJ*<.V! >MA/>:_N JPY]W=4<&W[$]D.'[FJ.ZYM^UQW@:JVZ MPO5#AKK4HDM7-0C#M=A.B;9:B^N=JJLWMOON'R*UZ)*JNF](&-M)^'[VEAJ( M#;WBHS; V) KMK>=;^:XJP[%>0FT'0D:'G;M=/DJBKMR&UK6MKVC:VC6M=-L ME@"_6/)<0Z=EXF5VQ[7V?PK,KV/#]&IXM\JM$HSZ_V?Q$ MQ(K%$H1TJ4TYIYYF8)%?%N8OBF^RJZ='KC3_9(]KJO--I +Z]R7GZN4E-5!> MV4[^!U!+ P04 " !U@592[XT1UF@$ (%0 &0 'AL+W=O\_"+6E$KPE&>% MF S64F[>>9Y(UC0GXI)O:*&>+'F9$ZENRY4G-B4E:27*,P_Y_M#+"2L&TW'5 M=E=.QWPK,U;0NQ*(;9Z3\MLUS?AN,H"#YX9[MEI+W>!-QQNRH@]4?MKK. M:Z*D+*>%8+P )5U.!E?PW0W&6E#U^(?1G6A= SV4!>=?],UM.AGXVA'-:")U M"*+^/=(9S3(=2?GX6@<=-#FUL'W]'/V/:O!J, LBZ(QGGUDJUY-!/ I79)M M)N_Y[CVM!Q3J> G/1/47[.J^_@ D6R%Y7HN5@YP5^__DJ9Z(E@ &#@&J!>A8 M :X%^%A!4 N"8P5A+:B&[NW'7DWKT5JD4(,./Y@A5$KYX 9U="4"G 5?)URTJ: E*DX ,C"Y8QR:AZ M(-2;1=-S<#:GDK!,G(,+\.EA#L[>G(,W@!7@XYIOA9*)L2>53YW-2VI/UWM/ MR.%I3I-+@.%;@'SD6^2SH^5P9)'/CY?'%OE-O_RO;:'DODWNJ;5I%@@U"X2J M>/A'"U2MA6#5]OKW@VH#MY+FXK^>'+C)@:L<@2/'GYRG.Y9EMJ7:*Z-*J:GS M. T@'@['WF-[1;J]8N2/T&&O>;<7]/T(F6X'[H/&?=#OGJKY80(\?!-Z0GKF M(VPBAJ\VY\,FQ[#7]8R(=;6M$GU!59Y'DM%"VO;+?!]JV)HX% >1?=JBQD#4 M:Z#>XN1YB].G)-NFK%CM'=FL58V*PK34 DF> *F"V"Q''SW<%I(4*[;(:,_JU#':B0,<^:[DK5\3V)O\(YPGX?VL!TS0T ^^'OZ@X1\\(0!AEX#8];(: ,+?2D#8 M12""(72X-@B$OXJ!T )!.,(.1D,#07AB"L(N!B_"R,$ 9$B(3D!"U"5AY(>. MU(:#Z,0<1%T.XMCQKJ!6[?AR"B(+!54Q=EBRW=2](E>O0V,&E>@TJ$1=5 9! MB+\W:2E2V[T.31J& 8X=%@UCT8D9BWZ&L=@P%I^ ML=A2;0:!B[+84!:?F++85FTZ*S]L.(M?SEELX>PH"AU?&KCUS7X:A&++5S=$ M:OJ_,^"U#I'T&>'?I%RQ0H",+I70OXP4U,K]L=O^1O)-=:ZTX%+RO+I<4Y+2 M4G=0SY>&ULM5==;]LV%/TKA-"'!%@CD;)E MNW ,Q$Z';4"!(%[7AV(/C'1M::5(CZ3LY-^/E!1]6W/6]246J?MQ[A7/">_R M).0W%0-H])PRKFZ=6.O#!]=580PI53?B -R\V0F94FV6@UPM1:99PN%!(I6E*94O:V#B=.M@YW7C,=G'VFZXJ^6![F$+ M^O/A09J56T6)DA2X2@1'$G:WSAW^L"'$.N06?R1P4HUG9$MY$N*;7?P:W3J> M100,0FU#4/-SA TP9B,9''^709TJIW5L/K]&_SDOWA3S1!5L!/N21#J^=>8. MBF!',Z8?Q>D7* N:VGBA8"K_BTZEK>>@,%-:I*6S09 FO/BESV4C&@XX..- M2@?2=9B<?=[>HZMWU^@= M2CCZ/1:9HCQ22U<;8#:\&Y8@U@4(<@8$)NB3X#I6Z"./(&H'<$U%55GDM:PU M&8UX#^$-\O%/B'C$&P"TN=@=+T;@^%67_3R>?U&7S0KD$=#71\$8,J?Q1&7T MYTB:295FDJ>9G$FSIHSR$!#5Z#?*,_LA!VLH.EC$FN6Q+-N/*SR?+]UCLTU] M&Z^R:$&<5A"GHQ W,95[&#PCA6/0R#7U@@Z>O@V>S<] "BI(P3@DJF)TH"]& MG/0@L*"7]'W0Z]2 $9XNR#"T605M-@K-G VC0QS!8W[PMMKUX V-TYA&VBMS?A?Q-G<"Z2Y MZZ&-Q_43;7VHIG/Y3-M8;BBT7T$C;W%=+OD7E,9]LH:Q'%XRHZ1N9% M+]V\!ZEOX^/),"A2*R[QOH_*I7^;I*3[SWG(BLRF9]#5,DW&9?J-3"872S"I M)9B,2_!;B5R&&[[1EW?YB-/9 M7YLAL!C9ZC#%!/G)',>$*\1@9T)Z-S.C+[(8RHJ%%H=\KGD2VDQ)^6-L!EF0 MUL"\WPFA7Q&PO=V]R:W-H965TFP)%@V3=/@S[0$MGBZM$>B05I_]^1TE678M6\T7BRST/GSORCIP>A/RJ M<@!-7LJ"JYF3:[U_Y[HJS:&DZE;L@>/,5LB2:NS*G:OV$FA6@\K"#3PO=DO* MN#.?UF,/V2[79L"=3_=T!T^@O^P? M)/;-P D >.R!H <$Y(+X M"%M > Z(+@"B%A"]%C!J ;7K;N-[';@5U70^E>) I+%&-M.HHU^C,5Z,FW/R MI"7.,L3I^7LAL@,K"K+@&;GGFO(=VQ1 %DJ!5N1JF>,(*)PB?^1 EE3*;XSO MR*(4%=?D\Y8<&:[)U0HT986Z)C?DR].*7+VY)F\(,TA1* MX-D$#<-7D"+OAXX%@A-WQ"6N^\&?'Y^]'@5_,W0.5V3\# MS%'''-7,T07F.UI0G@*AFGRDO,(:]O87/_9^\VTA;ZB2FLI4QN?Y./ FP=1] M/HULW\KWO"3X;O:#T%$G=#0H=)']BVF*I1/310NR.T8DJZ1)%(U94P)5E01C M0_8@F; >Y&:9^$2>=^9 WR**QG;U<:<^'E3?;2"53!F]6RE*LJFP#4J15)0; MQJFIZ;;D7<8]16'@^V>R^T;^Q$MBN_"D$YX,"K\O]Y3).J2%P&)EK2U);\=O MHF@TGOPH<)GT!-K,5A:S,/&#LUU:]Q?U[*Z..U?'@ZYB5N%]QPF\I'4U)K0[ M&-EU3CJ=D]>F+-89*#<@L=;8)$YZ(8K\,([/1/:M M+%F][EM9L]H]N2-+D+OZ<6(..%YC3?'O1KOWSZ*^]L_&E_@N:IXQWVF:1]4G M*G>,*U+ %BF]VP3S538/E::CQ;Z^B3="X[U>-W-\VX$T!CB_%4(?.V:![K4X M_Q]02P,$% @ =8%64EW\F4XU P >PH !D !X;"]W;W)K&ULK59=;]HP%/TK5K2'5NJ:3PA4@$2AVRJM4S6Z[6':@TDN M8,T?S'9*MU\_VTG3%-*4A[Y [-QS?,^)[7M'.R%_JPV 1@^,^DO5&VPE_,MKB-2Q ?]O>2C/R:Y:<,."*"(XDK,;> M-+RX"B,+Q4XQE9*4LA?MO!=3[V IL14,BTI<#F[QYF0*EE,GG\J4B] M>DT+;#X_LG]PXHV8)58P$_0'R?5F[ T\E,,*%U1_%;M/4 GJ6;Y,4.5^T:Z, M34UP5B@M6 4V&3#"RW_\4!G1 !B>=D!4 :)]0/\%0%P!XGU \@(@J0#)L8!> M!7#2_5*[,VZ.-9Z,I-@A::,-FWUP[CNT\8MPNU$66IJWQ.#TY*,0^8Y0BJ8\ M1]=<8[XF2PIHJA1HA4Z^8"FQ_9:GZ&0.&A.J3M%[]&TQ1R?O3M$[1#BZVXA" M89ZKD:]-2I;8SZKE+\OEHQ>6C]&-X'JCT!7/(6_!S[KQ8=1!X!LO:D.B1T,N MHT[&!6S/41R#EO@5\?#!QUFQ/7NB!U?_-KN M^/G9O$'7&ICZU<&;U+R)XTU>XR5LBXDT%X]NVSLE2>I([(UW/TF2WL#XX1L&ULO5C;;MLX$/T5PNA# M"B212-T#QX#C;'<#M(N@Z>5AL0^,15M")-)+4G'3KU_J$LF6*,8.@KS8NLP< MGAG-G)$XW3+^(!)")/B59U1<3A(I-Q>6)98)R;$X9QM"U9T5XSF6ZI2O+;'A M!,>54YY9R+9]*\+%P[-*ALOB1DJW8.09E M*/>,/90G-_'EQ"X9D8PL90F!U=\C69 L*Y$4C_\:T$F[9NFX>_R,_JD*7@5S MCP59L.QG&LOD27>DF6B^@7;QM:>@&4A),L;9\4@ M3VG]CW\UB=AQ@/Z( VH<4-_!'7%P&@>G"K1F5H5UC26>33G; EY:*[3RH,I- MY:VB26GY&.\D5W=3Y2=G?S(6;],L W,:@QLJ,5VG]QD!9.CH#W^^NPG0K/&<'[ ME-)4DK//JF9U>?[GL[('-Y+DXE_#:FZ[FENMYHX]5LX)* MW5.I88(*INSXQQF$7E0F['$W5SHSWPFBUFR/I=>R](PLY\MED1<9EBHEBB*7 MZ6]<]K:.:(WD[S X\YS0]GM$-68N@G:H)^JW1'TCT;^5G!Z03'^PN(\@='L4 MAU:!BP*H9QBT# ,CPT6E%(0K9 M:+NPEVJ-51#ZOC[5T.XDTWZSNFV@]BH2!G[0KPJM'8PB9X3LCK[#MZC=!F6W MQ5W;\8,^38V9%P9C+%''$AE9[E06+BOK%!2"K(H,9.F*:/F:\2 $3P1SW21: MO,IU/ZY.]:%C!/M&E@EE&5L_G0+)<:S>P?@#4#.R/@,4Y\2T4"?XT'V'/H6= M=$.S=A_S48CN/(\PJ&2\PM.HK//>CZB8/ M-(^>6\[BHOZT>*!L>Y:PK>DMM!L6R'Z'QD2=WB.SWA_TQ;-E![[1;"P6C2F04N]$:H=A*.S!)^8%,V*+U7Z;[,Z:P" M?XQCI_[(_+Y_=$N^@&=HR==X[D?5S1ADGC&WJCRH-&)U_;EZPVF?923DR"^A1;1AJ^LN& Z8:,]\+T C53I^169\/;<-H MV&#VX'M69^7ZKIZCTVF]8_XP.+H-7\ +Q]OP-9YU5-;.9I'Z8EQ7>V@"+,N, MUMLK[=5VGVY>[4[UKE_!BT6]V];!U)M_7S!?IU2 C*P4I'T>J#[G]7Y:?2+9 MIMJ2NF=2?;96APE1[\.\-%#W5XS)YY-R@797<_8_4$L#!!0 ( '6!5E)E M0_AOH0( % ' 9 >&PO=V]R:W-H965T-< M0(_][V]W$:MIR\6CK 4>JXIDS.G4FI[[KJRJ*#&\HQO@>F=-1\490PN!%(-G6-Q?;O$&[D ];&^$GKF#EY+4P"3A# E8SYRY?[[(C+TU^$Z@E3MC9#)9-V+=00U8=T;/_=UV!'X MT0%!T N"]PK"7A#:1+O(;%I+K' ^%;Q%PEAK;V9@:V/5.AO"S%>\4T+O$JU3 M^6?.RY90BN:L1-=,8;8A*PIH+B4HB4XNI2*Z6%"BJT8U0F_47"CR!]N/B^XHW$K)135^GP31!NT8=Z MT84:' AU"<49"OV/*/ ";T2^>+?JQP>K=R2R()R M:4KV<[Z22N@#^^L-;#A@0XN-#F!U\OY8[3I5:E7FUWW*?3_.M.G3""P:8-$Q M6# &ZU3)+LQ+DP.P>(#%QV#A&"S>@V630ZQD8"7'6-$8*]ECI;$IP1@K'5CI M,58\QDKW6$GH'\AK,K F;[+N*]"]?*U C!$G^Y\M\9+).#(;D-F;R&_ZJEE@ M(5X(VYCNT# UQL[VSF<2^'XTL+M?>-\JC8+T_Z*X._W.W#5?L=@0)A&%M=9Y M9ZD^,J+KW]U$\:UM@2NN=$.UPTI?>2",@=Y?)Z:K#I=H_A=02P,$% M @ =8%64D5*Q+)Y P D T !D !X;"]W;W)K&ULO5?;;MLX$/T50EL4"9!$)'5O;0.)LT4+M*C1M-V'Q3XP$F43E4B5I.+D M[TO*BN2++ 1=N"\V29V9.7.&'%&3M9 _U(I2#1[+@JNIL]*Z>N.Z*EW1DJ@K M45%NGN1"ED2;J5RZJI*49(U16;@8PM M">/.;-*L+>1L(FI=,$X7$JBZ+(E\ MNJ&%6$\=Y#PO?&'+E;8+[FQ2D26]H_I;M9!FYG9>,E92KIC@0-)\ZERC-W,, MK4&#^,[H6FV-@4WE7H@?=O(AFSK0,J(%3;5U0#(^?K5.GBVD- MM\?/WM\UR9MD[HFBD^B&69/6+=%D-I%B#:1% M&V]VT&C36)ML&+=EO-/2/&7&3L\6TNP(J9\NP*(@7(-KGH&_?]:L,J72X&PN MRDIP,U3@[Z'-P=DLU884Z!Y?@V]TM.'MU#EX!QL'7E:@5X9F:N-J0 MMJ'=M"5XLR&(CQ"\I>D5\- %P!## ?/YB\U1LFON&JDZO7"G%V[\>2_4B^SH M]>]' PV2&J&T_A M%H5+/XY"F.Q1'<+!Q,?A,-6@HQK\7X'!Z[]BC/!;P.F@V,$!LR") ASM)7 ( M"Z$I"A[F'W;\PU'^'PW5D7T6=6ZBTV_JN L6GV)3QX$'^W!(=-SX\\W[X%=TLP M@/.3*/:.E*!OCFB\.W[.2,UU+VE#.V:,=CYZ%OGVA\ \4HF]S*#I) M(:(#@:,()?NOTR$8A! =*4/?+]%XPYP+KK2LFVOO)>.7AO_2%&"T GUK0\GI M*X#[YH?A*2K0>HUVI/5\M%>! 9AOSLM^!=RMZ[+]5OE$Y))Q!0J:&SMX%9EC M(3?7_\U$BZJY0=\+;>[CS7!E/IFHM #S/!="/T_LI;S[")O] E!+ P04 M" !U@592;,J\I5<" "Z!0 &0 'AL+W=OK8J>U ^]_7 M=D(&'52\)/;YON_NN[,OW@KYK I"-+R6C*N)5VA=W2*DLH*46/5%1;@Y60E9 M8FVV%/_-HVLOW/X17+!%/N"]O&=S3R(*N5%F4+-AF4E#=_ M_-K680_@#T\ @A80? 1$)P!A"PC/!40MP)4:-5)<'5*L<1)+L05IO0V;7;AB M.K213[EM^Z.6YI0:G$X6TMP@J=^N8,$PUS#E.=R]U+0RK=70^X&EQ+8SE]!+ MB<:4J4OX D^/*?0N+N$"*(>?A:@5YKF*D38965Z4M=%G3?3@1'0_@'O!=:'@ MCN>V1U\T)T_TZ72TKR;6R ;EPG[U!+ P04 " !U@592AK\Y'B0# "\# &0 M 'AL+W=OMGCQ7*65D+(#,LPR+ERN2\E7?@M;KA5NZ2%1QP1[TEGA!)D3= M+<="[^Q*948SPB3E# @R[UN7\&*(3(*)^$W)2C;6H&CEGO.'8G,]ZUM.41%) MR505$EA_/9$A2=-"2=?Q6(I:U9E%8G/]JO[5-*^;N<>2#'GZA\Y4TKINN6K[Z1LR"_TICR5YA.LREC' M-<*IZ5R;J"C++U-WXN0302H+3 M$3@^.@%'@#+P*^&YQ&PF>[;2E17Z]K2LXFI=!=I1Q8A,SX$+3P%RD-.2/GQW M.HS?IMN:1P4%55"0T7/?"06_@?+W1H>#:T4R^:_C,+3L.,XA3@Q@; MQ&WXUA*AD2C>S*=! &'L13W[J8FI+2R, Z<*>U.A5U7H=59XQZC2U4T45D1V M=.Q7>O[A\0;58<'^>-<208.;&R W]C?PMH4%CA^WXPVK"L/."K\1;4?LI:/7 MJ%**#@\VK@Z+]P<;;Q&+@CAR-KBV1441;,<*G=K:G,X*;W,I*>YH%39<$AZ> M+*S]!Z+]V98:36Q!$"-O VY+6.1YX2ZZM6W!;M_2(P 6>9&O_ M@?X'X/6WW_;(=;;P;H>AR UVX:UM"W;[UC"AK//9K>T%AI\ M_8@&'T W&C[ MH83AIM^V1<6NNP-M;5RPV[E^JH2(KC&A=ACD'!XMJET(P?W1EAK-(<"+8;CI MN6UA+O+]#;AV8[0LYOH?6"PHDR E&ULC99M;]HP$,>_BA7U12NM MS?,#%2!1V+1)FXI*N[V8]L(DAEAU;&:;TG[[G9V04@B,-XGMW/_\N\OEG/Y& MR&=5$J+1:\6X&CBEUJM;UU5Y22JL;L2*<'BR$++"&J9RZ:J5)+BPHHJY@>S>1;,7 \ T08 MR;7Q@.'V0L:$,>,(,/XV/IUV2R/<'6^]?[&Q0RQSK,A8L%^TT.7 R1Q4D 5> M,_T@-E])$T]L_.6"*7M%F\;6D0)]?H9 446C$"W2O2R+1=XKGE%%-8?5R+*J5X(1KA>X7Z#S5%;J<$(TI M@]$U>II-T.7%%;I E*/'4JP5YH7JNQJB,"QNWA#?U<3!$>()R6]0Z']"@1=X M'?+QV7*_UR&?G"_//LI=2'V;_Z#-?V#]A4?\3?$;GC/(("2C3BMF"OT>S966 M\$W\.;%%V&X1VBVB(UN,!;>^$'M_-5UIK[VDUHOI%B_#U ^BI.^^[&;WT"KN MQ:'_T6K2814DWKNO#X%$;2#1R4"V59=#+4+98=,XN@*IO20[FR=!FL5[@1Q: M15F6^=V(<8L8G\[U6DKX2-!*2-O6Q (Z6TV]P5)BKM^ZB.,#EB *HWWB#JO0 M]Z-NXJ0E3DX2STI O=9$5H@1:*#_JY+D ").TVR/M,,H]+QNT+0%34^"VO;2 M190>;.8'<;9?MUU6O?A(168M4W:2Z5%HS+J8LH/Z]],DC;P]J ZSJ)=FP1Z5 MN]/?S6'\ \LEY0I>V *$WDT*E2'K ZZ>:+&R+7\N-!P@=EC"/P&1Q@">+X30 MVXDY1=J_C.$_4$L#!!0 ( '6!5E)[;>251@, % ) 9 >&PO=V]R M:W-H965TYAS.F>&0G.ZX^"5KC!6\-I3) MF5%M@RGS;S[\%.1&WMK\(/@G3QH@U'RPODOT_E:S;S .(0I+I5A0/JWQ0^8 M4D.DW?BWY_2&)0WPL+UG_V*U:RTO2.('3G^22M4S+_>@PBO44O7,=W_B7D]J M^$I.I?W"KK<-/"A;J7C3@[4'#6'='[WV<3@ A-D90-0#HC$@.0.(>T#\7D#2 M Q(;F4Z*C4.!%)I/!=^!,-::S31L,"U:RR?,I'VIA)XE&J?F3X)7;:G@)Q(" M,46PA*MEMP6 KV T_0;W)D]$O5W#58$5(E1>PPU\7Q9P]>$:/@!A\*WFK42L MDE-?:0_-.G[9>[/HO(G.>!-&\,B9JB5\9A6NC@E\+6W0%^WU+:*+C 4N;R$. M/T(41('#H8=WP\,[![QX/SR_H"8>LA5;OO@,WR/?8EUSRH1YJ72,D:A _^#S MJ\(F8JZ$E:)%]"-\9:4^%R0VB>M:U_#W,Z<4= 'M--$_%QQ,!@<3ZV!RQL$% MHHB5&)""OQ!K]2[Z_;=)GF?9U-\>)NC4*@V3*#JV M*AQQDW9LX"()1Q!\<9E&21Z/T%0ZS M,+\[R-^1C,D@8W)1AMZR^D1G^H04 K/R#916)2GJ[A)=$%S56+C431RQ3X.1 MME.CFS@9Y\=A%(51Z!:6#\+R]Q:0+E/*5I@QN)[H21'=_=QW%-_9&>^%*WX^V6>LG#Q;&0,^O.%?[CEE@>$3- M_P-02P,$% @ =8%64FT?7. S @ 004 !D !X;"]W;W)K&ULG51-;]LP#/TK@M%# FR1OY)LA6.@33!LAQ5!LZZ'80?% MIF.ALN1)6J:):#2C'-82J::J MB'RY!2;:A1=XAXU[NBNUW"@$&F+0,QRQZ6P)@E,C+^])S>D-("C^T# M^Q=7NZEE2Q0L!7NDN2X7WB$+E".V6NK!71)$VD:)&TT8;-&JXW M#FVJH=S^Q8V6YI0:G$[74N1-IM$CD9)P34&AT9VU;7?':+0"32A38_01/6Q6 M:'0U1E>(2;F";(*BX ,*_= _ 5]># \^ MOX9C4_S0@7#H0.CXHLL[L*(J8T(UTMB_;K9*2S-MO]_)%0VY(IRWW:1A'\33!^^.VG8B*@B >HEXI MC@?%\;N*[P3/_D]T_*^<( KC-Z)/1$WGT_"-:'PTX/9Q^4[DCG*%&!0&YT_F M4P_)[L)VCA:UF_FMT.8&.;,T;QQ(&V#."R'TP;'7:'@UT[]02P,$% @ M=8%64CNY_TAI @ WP4 !D !X;"]W;W)K&UL MC51=3]LP%/TK5L1#D0;Y+"THC03MT"9M$N)C>YCVX"2WB85C9[9+R[_?M1.B M BGB)?&U[SD^]]C7Z5:J1UT#&+)KN- +KS:FO?!]7=304'TJ6Q"XLI:JH09# M5?FZ54!+!VJX'P7!F=]0)KPL=7,W*DOEQG FX$81O6D:JIZO@,OMP@N]EXE; M5M7&3OA9VM(*[L \M#<*(W]@*5D#0C,IB(+UPKL,+Y93F^\2?C'8ZKTQL97D M4C[:X'NY\ (K"#@4QC)0_#W!$CBW1"CC7\_I#5M:X/[XA?W:U8ZUY%3#4O+? MK#3UPIM[I(0UW7!S*[??H*_'"2PDU^Y+MGUNX)%BHXUL>C J:)CH_G37^[ ' M"),#@*@'1)\%Q#T@=H5VREQ9*VIHEBJY)YKN=%4E#KU#2JV^_I%K^ZJ4Q<=4+>"XI3$X1<2!5$P E]^ M&AZ>OX;[6-U@5C28%3F^^"!?;LB*Z8)+O5% _ESFVBB\B7\_((\'\MB1)P?( M[Z6AG AI0).6/M.QHSO9V/XGG8?!&XUC6+ G&-4X'C=-/N,BE MJ$X,J 8[.C=C$J?O;4S"Z5L;1[+0[+ OZP#;Y\*9G_P%02P,$% @ =8%6 M4G)<*"4 !D !X;"]W;W)K&ULM9I9 M;^,V$,>_"N$>2( T%D_9;1)@'2=MBLUFD6S:AZ(/M$S;PNIP)3H'T ]?4I9% M.9(H>1N])#XXPS]GR!^'M,Z>X^1KNA)"@IJM1,C3TW@M M(O7-(DY"+M7;9#E,UXG@\\PH#(;(<=@PY'XTN#C+/ON<7)S%&QGXD?B<@'03 MACQYG8@@?CX?P,'N@WM_N9+Z@^'%V9HOQ8.0C^O/B7HW++S,_5!$J1]'(!&+ M\\$'^/,U&VN#K,4?OGA.2Z^!'LHLCK_J-S?S\X&C%8E >%*[X.K?D[@40: ] M*1W_Y$X'19_:L/QZY_TZ&[P:S(RGXC(._O3G#]/AL M*%6/VF[HY=XG6^^HP3M$X#:.Y"H%5]%I\$X!AB< M.&GW=\M?=^YP[J[&R=3NY/=-4(A"S5ZN#AC: MU>,]./KQNQ%FY!?[ *\[>X7C6FU[><#%O,&96]S@5HL!\0)<9M+ -??\P)>O MX*_LBQLIPO1O2S>DZ(9DW9"F;N)H^9,42:AH,9-U$W!K[V;V&J-/%]@=,]=Q MG+/A4SE,U88$NLZHW'!/(BTD4JO$RTV2J#4#UG&2L5(%)6A5O77)RJI'T*F* MKFGG$J=1,RLTL_:P?M$"/\526/+D%@[=/J?#J.AF]/ZQ'G6,]:AF)EEB/2XT MCZV:'Z-4>!L5%S"M"-QS"!W#;*?/:,/2Y@"MVO7L2,&:O_)94,>>26Y?#BX< M$8)V@NSU->*0%41<.0V:S"0@_B W(%_P8,G(I[X\0E0=8WP M>&I-J*$<)+TFU+ *VF'5EM#+W+Z\"B EN!F3T# 'VJ'ST'$9&.; 7J$##76@ M'3OMRZ#*&#BF##9'S= #VO%QP#(85U*'&,*-&I#A#7*L&FXB!5B12J!*PMKQ MM]BC4Y?\4%L0'6RW/P(#,F0'V#815J+0 1Q]O)G?WQRK&G?<]9.B%:*_Q M-:A"+:C*3NE #?-)31,=Y.:I;_<$3Y%CG<*&=LBU[T7@ 63CO-L%P.;6L V- M>HVI 1FR@VS7D5>C/0]E%6 -LQ4;=&$[0G[=<'6LE4(M%S]--V_/H-N.5N_4C+LT7;4 >S7M-J4(+M*+E4F8S4JCC)SDR5!-?& MTZTL$>HXMC5B"(3MU55M6+=9MXW6@ >/>[VJ,*PA=M9\0UASCZPFK UQ)88] MQ,Z>JTT2=]\QB*$/Z94^Q-"'V.G3OF.0*G":PE:Z<;(#I]..06KP0A!ISIJ! M#+%#YDZN1 )T[M:"1[OH^B*UA=0@AO2*&&(00^R(F<2)LM'WRAY?JU[D:VT8 MJU1!A.+*W;<*8B7LPSH!NDBD'66]<)J1[YT%O1 MMB;[:@W,2$L5):3[UDHH93U,ZI;E,E=U*>*BZUS0!J M@$;M-TWW0O\$IP7,NDE!52G0M4DQR*,MR.N27E-VJ%>=CF.V/!DPTEXOJ6CI M0MV.P -.7RV>G-.1]?1%#3AIRXUYU\3DY>H[),:PEO9Z#T8-*JD=E86M59S^TH,X9B]FMR[@ ;I,U\?&ULC53?;]HP$/Y7K*@/K;217Q!H!9$H"&T/DU!I MMX=I#R8LW5.E85H8S M 4M%=%445!WO@G[+LF$%",VD( JV M$V\:WLT2&^\"?C(XZ!.;V$K64CY;Y_MFX@4V(>"0&.#16PX3]BRNC\)0ASJ0+)JC(F-B1J5)4[ #_D-'D.@JB@"PJ4RD@ M2\4PI*2<+.G1G=^0ZSD8RCA:7\G3:DZNKV[(%6&"/.:RTE1L]-@WF)]5\;,F ME_LZE^A"+G/(>B0.OQ KW@&??1H>WOX+][$K;6NBMC61XXLO\JT-F3.=<:EM M&WY/U]HHO'=_WB&/6_+8D?':M30H>P$[M-X%&(S]AU:_5:K_Y%6 MU*55HY(3K7 41DFWV* 5&WPD%G>)#<[%DB .N\625BQY5^Q1&KR50AK0I*1' MNN;0I9V<-W5XFPQ;[?IVG4?UPV$P^B]#_V36[#OW@ZH=$YIPV"(NZ VQ4%6_ M';5C9.G&;RT-#K,SQ*O6.^FN^N$_GUGU\8-(:2H M$B_V7N:<.7/V-MPH_6!R1 N/A9!F%.36KB["T*0Y%LRHKU;76OJA0U+Q@N4ABL)&A>CX$/K8C)P\3[@GN/&;+7!53)7 MZL%U9MDHB)P@%)A:Q\#HM\8)"N&(2,:OFC-H4CK@=ON)_VBB3=5PZ5;QUFJ:Y82S MXREJOF;.2IA)8W5)*V0-'%\QKN&>B1)/X'B*EG%A3N ,IFCX4C*+&3 #*3,Y M+&@G0([9$FE^)BUJ-!8TQ8#9L!4-WMU.X?CH!(Z 2_B6J](PF9EA:*D )R-, M:[&7E=CX5;'I.22M4XBC.-H#G[P9WAH\AX=D6^-=W'@7>[[DG]Z94_AK&/SX M1($PLUB8GP?2)$V:Q*=IOY+FBW(;G@E@A2IIE/:/K-'2=]S2UVZ3I_J?JRM * MW=VR*MHQ\V5$*]GO9*_1U#NH:8H+U)I.%I>I*A L>T0#=%1 >;5"R>49':\" M!&=S+KCE>,CR?I.W_YZ6#YHT@_&ULK57?3]LP$/Y73A$/( %ITE(8:BO1EFU(0T+MV)Y-H^"33IA+$6Y.'=F%0I!Y4E6']F!& [VD4BI\,&"7 M527,SS&6>CT,HF!CF,F\(&<(1X.%R'&.]+AX,+P+6Y945JBLU H,9L/@)KJ> M7CA_[_!-XMINK<%5\J3UL]O[UA_^AKYUJ>A,6)+K_+E(IA ^CYSM2E^#Y,!8G1 MP.@U&.?-;&[AF^G17+Y4;NQS,GPJ&4>C*1JY$J[W<*5A MRQ=M+=H3D JH0)AH974I4T&8PISX52-UQD2)KA!F6/I#TFPA-&@)9FR!^5HL M')X,3YT9.1@)6?+J#![G4S@^.H$C%^=KH9=6J-0.0N):7<9ATM0UKNN*]]05 MQ7#/$0H+MRK%]&^"D)O4=BK>=&H<'V2<8G(.W>@4XD[6('@O;:H#T? MM+LGZ&V6H?_.8:$-U<*1Z%S)7YP&SUOSQ3+ EX<5K'#2PIZRODS')5^_DU/@ M$Q(OUP>2N6B3N3C8@?^6S*[+68>^]*&=\JY&9_VH/PA7VQ=FAY.;[;;/]%^? MZ*)UJ>L.M[[^"DWN591GJI>*ZNO=6ENAOO'Z],8^9@&O]?:5IE;_>V%R)P(E M9DS9.;_DM$RMJ/6&],)KS),F5BR_+/@GA,8Y\'FF-6TV+D#[6QO] 5!+ P04 M " !U@5921,).F=(" ("0 &0 'AL+W=O3'+;6,1V9KNT M_'ML)TT+I %IXR6QG7O.N?N*Y,"T)3=\-]X%A+;MJ]"Q19NS MXB&)XV$\,&LVH4_.R!/.R MLP4JS.N/2OQH36\S)GJM'_7"%\:T! V\H#W)N$DR[DSR@C!"E[1C[P<-T^!C M7JYA(S!\8P]-A]GZJ4#0-B^[67ST"%ATI.-[VT/-Z_8.K]_PSM\Y(/V/<<\/ MMA+!?_'O#9HPM [*MISD=Q_K3%57;K2:*E[81W7&EVYH=YOI7!80)T,_GG*O- MQ @T/S_)$U!+ P04 " !U@592<=N>6/\" ,"@ &0 'AL+W=O&?7MO*H=] MD0*CG$PE4FF28/EZ19C8#)RFL[UQ1U2CUS"Y4%30A7 M5' DR7+@C)J7XYZ)MP$_*=FHTAB92N9"/)G)M\7 \0P0820"HX#UY9F,"6-& M2&/\R36=8DF36!YOU:]M[;J6.59D+-@ONH!XX'0=M"!+G#*X$YNO)*^G;?0B MP93]19L\UG-0E"H029ZL"1+*LRM^R7TH)03= PE^GN!_-"'($P);:$9FRYI@ MP,.^%!LD3;16,P/KCT4CI0@HA/D"W5 \ MIXP")>H,G4X(8,KTJ($>9A-T>G*&3A#EZ#X6J=+AJN^"IC&:;I2O?)6M[!]8 M>4*B"Q0TSY'O^5Y%^OC#Z;KJK/2B,\ LC?*L7U!OQ.)HKD/KC^EVC&12: M@=5L'="T>Z(AEHU4>XNMMU4^92*A%3&[[GGH-T/CR7/9CHJHP/.[1=0.8:L@ M;-42SF(AH0%$)HC9+X"]O?8JU$RM4X)HAV%WC[0B*/"\:M!V =JN!;T1?/4) MSO8[A&:WU=H'?1_E>ZWF =).0=JI);T7@-G'*#OO7VG+]SM[E!51[? 095A0 MAK64MVLB,5"^0O;#/T?%M_JP[0/G: 88B&[9@,0275..>41U;5.AJ.W!CU]> MP#3T.2.Z7ZC]/9,56<^1JL8*X_7E+<1$C@YMD?%_BNQ8U"TLZG[.HFU+?#U' MXU1*[,I5[(NPAU4Y+9V2.;@%C;O^^Y 'T8L,-8 M']>(- 'Z^5((V$[,B: X [_ E!+ P04 " !U@592>#:Z_K1]]5F#R53#Z*&"M]LA2R9QJ'<^:J6P'(K*@L_ M#(+4+QFOO/G4/EO)^50TNN 5K"1135DR^?P!"G&<>=1[>?"%[_;://#GTYKM MX GTMWHE<>3W47)>0J6XJ(B$[=Z/_/& M'LEARYI"?Q''/Z K*#'Q-J)0]I<),@(6Z M!6$G"%\KB#I!9 MM,[-E+9EF\ZD41R+-;(QF;FQOK!JKX97YC$]:XEN..CW_ M!-@#1>X^-KJ10#[SBI=-25;L&;^55N_(W1(TXP7>W9-O3TMR]^8=>4-X1;[N M1:-8E:NIKS$1$\[?=- /+32\ EW"YH%$=$3"( P<\L6KY73RN]S'\OL>A'T/ M0ALONMH#I0!&Y*\:)-.\VA';E1'YQ-F:%UP_CUX:,B++!L@_[]=*2_P'_CM MCWIZ9.GQ%3KV@+I:V*HRJS*+\3!/XR2<^@<'*^Y9\2U6Z&*UJO2,%8^3V,U* M>E9RBQ6Y6,D%*TJRR,U*>U9ZBQ6[6.D%*PP3ZF9E/2N[Q4I-!UM<]H#=O-4@7<7Q!'$?T2G63GC@9)@K-"K)MW:#LW* PRX'4G2>X4IE< M%I\E-'/G0H.3.06#V9B5^4AX63<:^V':]*#IGX."V/WJQ>,,X#$__AL[F'-.2C 97DC[Y&;UE:-:^ M%D+IUWD5/9D5'7:K[W9?A/R>'= L=X!;N3DL&--L.X.?J'2V9#CNA#P#DZYF M+OZ/\O?J3O9(A_WQHKJLSDSM>*6S^%@,%#QG:JVR/+NU B]KN_FNA\2QA;_=XW -I)N#[K1#Z96 . M%/T!&PO=V]R:W-H M965T' M:0\F.216?:&V ^7?SW9"FE80]:4\$-LYW^4<.\?)3L@G50!H],(H5Q.OT'IS MZ?LJ+8!AU1,;X.;-6DB&M9G*W%<;"3AS($;]* B&/L.$>]/$K2WD-!&EIH3# M0B)5,H;E_AJHV$V\T#LL/)"\T';!GR8;G,,2].-F(+*3NVSB!=814$BUI<#FL8494&J9C(_GFM1K M-"VP/3ZPW[KD33(KK& FZ!^2Z6+B77@H@S4NJ7X0N^]0)S2P?*F@ROVC714[ MC#R4EDH+5H.- T9X]<0O=2%:@'!X A#5@.@]H'\"$-> ^*. ?@WHN\I4J;@Z MS+'&TT2*'9(VVK#9@2NF0YOT";?[OM32O"4&IZ$Y M\)2 0F<_L938[LPY.IN#QH2J<_0-/2[GZ.S+>>)K8\$2^6DM=UW)12?DP@C= M&X5"H1N>0?:6P#?>FP2B0P+742?C'-(>BL.O* JBX(BA63?\%E8]%$4.'AZ! MSS^L'HX[LHF;[8@=7WR"[Y"Q(J2'-MO3QW;QHIEY%AL[]A.!^$H#LPO\;?M^AP)C,=1U Y\8W30&!UT M&KW'W/0=6X..K(<-V?!SRCIJ!$:=;N>E=+5$8HV ;:C86QF$+CJ9EN5*P7-I_=QLN^LY;BC'GU//,'CM2T&GZQNEB6GKD"%* M='U2S1"OB)GOCWWH-6'[*+X_@WZK43*0N;MP%$I%R775,YO5YE*[ M$BIR1@$GN[EU S^M8:0-#.*/G)Q$YQEH*EO&[O7@+6!9S)343%Y6&.)%S/.3H!KM/*F'TPRC;6BGU.M^T9R]397=G*QD2RY MOUJJS*5@Q4JUG00V@ESH$:.$2@%^WP&# T/<);A8$XGS0ER"*_!]LP87'R[! M!Y!3\"UC1X%I*F:V5)'J]>RDCFI9187.1 41^,JHS 3XB:8D?>G 5A0;GNB9 MYQ)->ER3Y!JX\"- #G)& EJ]VAS&(^;KUYM'$VS<1C77^'//J99A3JZV0]5N M.,=T3]3!E&#[!+JX6_QDIF].F*%'L"64['*IOGD)V]/\W_[NK*A4?H+.\E>A%_>IC*!\"+T> ME1%4$+AHG$K04 DFJ?RF2LJ/:!,,@D 1#)P>H3&4%_0)C:"@&_OCA,*&4#A) MR&QAM@,"%T1,;-^H\1>]VR,6-S'&;WS$XD'JH>/&J"?C$!4C+^ZI. 0%OGM& M1.BTYF-!:X==&;SN6:H$ M'4&Y$>RAUB,HY/O.&4G;6@7=25)W1!#,D\RHFI('==<\Z+Q.9:PM,M![O[JV M=0/^3^'X<5V'7_T8HOY!'4&%0>ST=1VB @^>T[6M('"ZA/RB*B%7M+2L.%5W MTUQ(CO4U?BIG[?<&ULS5EM;]LV$/XKA-$!"9#8(BG)5I$82.(6"]!L05[:#\,^,!)M"Y5$CZ3M M9-B/'RG)HFQ+5-(MA;\D$LT[/L>[>^XHGJT9_R[FE$KPG":9.._-I5Q\' Q$ M.*!I66*$YI)F*6 M 4ZGY[T+^''B>EH@G_$UIFM1>P;:E"?&ONN7Z^B\YVA$-*&AU"J(^K>B5S1) MM":%XZ]2::]:4PO6GS?:/^?&*V.>B*!7+/D61W)^WAOU0$2G9)G(.[;^E98& MY0!#EHC\+UB7")="LK045@C2."O^D^=R(VH"R&L10*4 VA& ;HL +@7P M:P7<4L#-=Z8P)=^'"9%D?,;9&G ]6VG3#_EFYM+*_#C3?K^77/T:*SDYOI$D2.Z0H]\(YT0[Y1@<3:@D<2*.P2EXO)^ HP_'X ,8 #$G MG H09^ QBZ4X48/J^6'.EH)DD3@;2(50KS,(2S27!1K4@@8B<,,R.1?@4Q;1 M:%O!0)E6V84MO^.G3OK2QHJ00K$BRI(!- M 5MH; +09\K#6.S&5(&OT#K,M6JB7(T]-/*5PU;U2-F?!8>C &[/FC3H@LCW MJUE;AOF58;[5L"U?ATQ(D#&IMDTJZ@W9+(O_;C;,WX>,/82:P0PK,,/_#.:D MC ;M@G)43V_":%\,YL$!H /2@AB0"R+R8HN6467'R*KZC@H5+J%4.9*S8$%B MX.CN_E$<6_0'E?[@,)(5.H;L':O)7Y7)<3:SI&J' KI2;3VJ ML>?X3G-40V3PH)\9UQVKE:P'1IO 5K6O(["A*1,06Y5?S&:=;WEK2Z)2L*%>M,IBI[):GT?;NGQ3#*L6/5(L4L231 MSE?!5#11QXWV%PL'=6>X7A_NVM\PS8/]P-W=@/UY" W[;IMS37&"]NIT2WE^ M ,E"6I"9-8A-F8'# ^%/4S%@1\G0K@:2Z=RGJC56-)&J] 5"UX^333^L/5P\ M-KNU6,.O^ZO%!:;4P.!]N#1H:%>"%BI%ILX@>YGXGZFT8[6R1P@J)AUU,2DR M10K9B]0/,RG:KU(>](*6G35%"MG+Q@\1::FSCL5'L"7HD*DRR%YE'@B?*9?. M&$ER9X8J\Q0!-B*P:X*.TW><7VP>,Z4&V4O-[U>?P9L8"1FJ1]YA,!(RW(O> MYV2 ]H\&R U:2@$RG(U^ZMF@8[5-#X7?D/F&ZY&=Z]^OKI<+;]=UW/?:$M)4 M 62O C=Q%J?+U/:AP5 X=@XCUK'A8FSGXN[32X>"HE#8L!@>QG8>+K<:_/,V MKL&U+ST'\JD'&V;%=F8MU"[S4[+:QZQ,90OM=RCL(GULF!G;F_ ;\MP5^892 ML7\@.V]H%=N)[A61;U?0?6['AABQG1@_/2]BWO7)KT,'=+H!&=K#';17./^M MN>@:+G0/A M=PX5N1U_ZYESL4(@Z6S#7D*/;\6W#<7QPG6DP^I"TM66W"6Z,B*Q EY2F@.+^]>.D%Y>Z#0R(,NVOUX,JA=1*54G0[T MA9Y0C> RD\6=335:71I>Y%=E.^.7\..DN/HS:HJ;R!MUZ% '()#0J5+I](<* M&R\N]XH7R1;Y==<3DY*E^>.&PO=V]R:W-H965T2TW(31U!CTS-N&#'EO+F*8PX4BLDX3PW0ABMND[ MV-D//-+Y0NH!=]!;D3D\@?RUFG#5%:2);D8*4@ MH6GV)-L\$$< OUD!\'. _Q;0J@ $.2 P1C-EQM8=D630XVR#N%ZMV'3#Q,:@ ME1N:ZC0^2:YFJ<+)P9-DX;(V4H&(T)@EZNT0Q,3WZL5$ *+:\!6XRB@:"I7K ME9X4M9_9\QI=W8$D-!;7/5[3"*)3 E?Y M*,SX>S,CW\IX!V$=!?@&^1[NE@@:7P[O6.0$16P#PQ=4Q79!.-2F[V,[Y)RD M\23=9)6=KL)$&[[GE?RJ)[!H??XTY<- L7SJ5C69AP <2(!L9GZ4Y1KGEHS8Z?$]5:KU)(=YM>;#9NC=N&H_;^. MJK-DIU32FJ6.[+"@[F&;HT[AJ&/EN:.O-((T0CL*<50FWX[WZGZY_ _#3N1W M"_E=*X^ZYV9 50JRC)3IMQ-X56?DP[ 3_=@[7$Z>E>FA["B<0KM1$4*O?WKX#E8P)\+FII 4*V3J56<%5C!;5^M#4J&_&1[J*-Z7H@2;[!'@@?$Y3@6*8 M*4JOWE;R>5959QW)5J8PG3*IRES37*@O$>!Z@9J?,2;W';U!\6TS^ =02P,$ M% @ =8%64G07$3&ULK5C;2$H/4)SP,AJKMW# MNQ YA4&)^"#%C] !8@99LQ4,9S-):RD_R(N_/@LE?$VDG%L^"1F^W#S)R,5C23)83 MQV5"KIZK2@"/*_"X+3_=%SE*Q,'D.P=67:_ %&(!O,",< M)#EXR1/!;^1'^?SWANXXSF,^,X1TN1C8B&KW'BKWT(![$(%O-!<;#K[F,8G/ M"0RIM1&,CH(?T"AC2"(=6/ &(!.9"H>6D\UAH# /IYO[(VJL)GU6R6<-\/VU MRUX) _28(S[":3><=LEI#W ^[@07,EU)O@97,GU54J]5R:N(W)*H6&'V"^C; MR+;1S-B?QE2!\VS/].QS7*C"!9X=6 WN3)'3*')&%?W.<"YD@5]0X_1&-SLZ M^@C+LCV[ PO[,.1X$$*U"K=1X8ZJ^/I.6)3PRSK!@@"2T M(T>!0S[RD*G6XS5ZO%$]D61"7KS^^)8+S8Z;2P7,=GTKZ*A1P)#MPP$Q M?B/&_[\FC=\O\CWA$[(3].=$41R! M>G1HMHW)G%+N^#4EEURHF4Y]\/W #P8B $^:(QQ=7G^4VP82W][O"9/;('"< M@^"))1$966PA:L= GZJ:E9+KDB#TZQ#I/T_ MV*DGA8EGZ8$S$,RV54%K\BH\4>0H8;$EON-;')&Y)O>\G+ ]T19 U=-K(@A/ MP^58NN=WM2N R$(Z<@?4MTT5CG?5\]5[HGZ[[XUGZM#K)EF!W?8L:^"ER1PJ<,.3^5QJVY3A>%<^6_8GZO14F81ZX \XTS95.-Y5 MNSU@HC]^/YRFKWM#L6D[(@Q&V\%]'"?%+ANG($QXE%*^D^O.V*&D[79HO-N= M5-@-:-H.KML.(\41OJB^2)Z&F#PL[Z0/:;(B*OT7AG+ !RF"Z("L.EK! ,3X M0W4Z6TZD\H]4R!JB"B=2!8U7OH+J/+IM'T=P4E'_>FC'Q_%J$6X3#^>BB':C M@,8W"B>3X==UC ]E_X2.=A^ QO0\B< >ISNUUQ6Q M=[:>.H[3/:8I<+X#8?>8IH YOND/=$/4MGHTWNK;:ONJ&W. M:+PYG]7-YSQR^O$V;>AV(V2SPN"W&7B^IFIOG:W!7>ES=DG>\/ M\"ZL;OQ:FNH"\AMF:^DM2,E*4IJZ)UUCU9U>]2+HMKSE>J5"T*Q\W! <$U8 MY.\K2L7QI1B@N5E=_ =02P,$% @ =8%64G#LU[^?! E1$ !D !X M;"]W;W)K&ULK5A=;Z,X%/TK5C0/K=0"-E]AE$9* MP\[N2#N[5;/M/+O@)*B L[;33/_]VH80 @Y%J[XD?)Q[S#GVO5PS.U#VRK>$ M"/"KR$M^-]D*L?MJVSS9D@)SB^Y(*>^L*2NPD*=L8_,=(SC5045N(\<)[ )G MY60^T]<>V'Q&]R+/2O+ -\7!6;O]R2GA[L)G!PO/&:;K5 7[/ELAS=D1<33 M[H'),[MA2;."E#RC)6!D?3=9P*\Q#%6 1CQGY,!;QT!)>:'T59U\3^\FCGHB MDI-$* HL_][(DN2Y8I+/\6]-.FG&5('MXR/[-RU>BGG!G"QI_C-+Q?9N,IV ME*SQ/A>/]/ 'J07YBB^A.=>_X%!CG0E(]ES0H@Z63U!D9?6/?]5&M *0=R$ MU0&H&^!?"'#K '=L@%<'>-J92HKV(<8"SV>,'@!3:,FF#K29.EK*STHU[RO! MY-U,QHGY2M#D]?9>.I>")2WDK\%53 3.5T_Z_M,J!E=?KL$78 .^Q8QPD)45Z$9>E,?_ M;.F>XS+E,UM(A>HY[:16S3( M&)/$ BZ\ '3P?4N,ULNYK/O<#WU[YX(4Q-Z4I;/T#I M-92>IO0N4/Z]%US(VU+-7RRC]6$YK42"L[8HRP( @[6@RPR+LD9=I(F8Y/ M(:+_Q^;/M+_BD4R@[J(SP QI%AM@YVEV)B]JY$6#1>>G?O>2]';Q1ICL)8!. MJ%OYNB+@&\X8>,;YG@R4(NB<7F;.H)/CAKH!(XI62O,<,PYVLE[J"3#Z7S]/ MU$YG-[*?@IQK1KW4@'ZOX"MJ5YO@6[ M#IAP/K0BKVN! 8A0:'G^!1/0R03T*2:TRN1(#Y!!&_2M,.R:8 (BQ_*[F6@" M1M *T 4/3@T =#_%@[/R.M(%US3#H>5VJY$1*+,F[&6#"8B@Y5XHN/#4M,#A MKN5_%0I#:1[IC-?/?M^S4*]*&'"&:A*;<.?5Y-R64Z<#_<%2O4C33'7_. =Q MQI.<\OUPEPA/K0<<[CUZCC\2M2U5ABYER\[D!G OA_TS6Y_;;O1S>"@(W@EF MP 5%M1= $4CQNVD[L?R "6DF#H*&RK]$%8^D"H]4T#50G9M[ZH7@<#.TV&P8 MV:C%^UU:F6)8P48K*^*PM91"& :]E.W#/,_KM4<&F!N%03==[=9^M2!L MH_?]'"1T7XIJ:]9<;;XM+/2.NG/]7GUST/O@$TWUP>('9O*MSD%.UI+2L4*Y M\%GU#: Z$72G=\4O5,@]MC[<$IP2I@#R_II2<3Q1 S1?8N;_ 5!+ P04 M" !U@592:U#BA0X$ B$@ &0 'AL+W=O'? MK^-D$I@F#C/;A[Y XO@&+\4>P )'I*XE2,K)V4^WO'$>L=)$38 M; ^I>K)A/"%2W?*M(_8<2*1!2>QXKMMS$D)3:SS4;0L^'K*#C&D*"X[$(4D( M/T\A9J>1A:WGA@>ZW/?@M0JQ\R ME]?/[!]U\"J8%1$P8_%W&LG=R HM%,&&'&+YP$Y_0!%0-^-;LUCH7W0J^KH6 M6A^$9$D!5@H2FN;_Y*E(Q 4 ]QH 7@'P7@*"!H!? /Q; 4$!"'1F\E!T'N9$ MDO&0LQ/B66_%EEWH9&JT"I^FV;PO)5=/J<+)\5*R]6-GJC(7H1E+U'(21$_( MW7>=,H@ZDR-PM0301*C%L<\>BLYB^56\0W=SD(3&ZJJ#?D,.$CO"00P=J81E M],ZZ$#'-17@-(K"'OK!4[@3ZD$8071,X*J(R+.\YK*EG9)S#VD8^?H\\UW-K M!,UNAN-!#7Q^.SPT1..7D^1K/K]IDK*\=E8_3M*$U#B59G=-EO07(B/$)_?U:4Z).$1/QC$!24@@(M*&@0](W%2D!,Y?E]MBAIE]T6'/X1=Q5%MXRB>WL4Y*DI"C.)'S9%T8+KM431*Z/H&8GF]$@C2"-T MIA!'=0&8\:[M=6OUOQIV);]?RN\;>?ZN/)KB[49[+8L7'SA/=C( M]$#%8V?# 1 G$A#;J#<)>>!IK2@S%;;]@5&45XGR_M]^FK80N#8VYZN[6N'Y< ,]7/9&>!SCP+>[ M>.@5FV.Q'KRK>9JJ:XEVDP8SS[""LST(K#IN2X%5&ZIF]L-TL M6@B:)G+V1MS\];CKT"OS]LR.^[/-J1CNRIQZ ]L+2W,J$E/3;Z!FM'?=;U[3 MSPL#NQ^^,#OGXN,Y ;[5AQ "K=DAE?D'9]E:'G1,].?]B_8IOI_GQQ4537YZ M\H7P+4T%BF&C*%V[KRR/YP<2^8UD>_V)OF)2??#KRQV0"'C603W?,":?;[(! MRF.A\7]02P,$% @ =8%64L#Y>).@!0 ,1L !D !X;"]W;W)K&ULQ5G;;MLX$/T5PNA# B222,JZ!(Z!Q-KN%FAW@Z1I MGQ6+MH7JXB7II/G[I2A%5XJ1TP;[8DORS.&<(3ES:"V>:9.QR MMN-\?V&:;+TC:9R=@4O FP7#M+B6TR>6.L:%%0>\OQ' M0(3BZY&L2)(42"*.?RO063UFX=B^?D'_*,D+,@\A(ZL\^1Y'?'0A"'BX7-'\"M+ 6:,6%3*;T%O3CK)CW.T[% MK['PX\L[GJ]_G%^+S$5@E:=B.;%03LC)7;D20+X!-X3*%9:M"9 .X#Z+.;@J MYBSFSZ?@)" \C!-V"L[!_5T 3CZ<@@_ !&P74L) G$D'=B8>BNNON_S PBQB M"Y,+"D4@YKH*][H,%XV$"Q'XDF=\Q\ ?642B+H IN-<)0"\)N$9:Q("L#8#A M&4 6LA0!K2:[0U_A'DQW]S1L<#V=6.+9(WA?[VZ[LR4G0 -LU\"V!,8CP'\? MT@="B\7P*N2\AIQK8_WGP!D7RR#.MF?@@6SC+!.78A4,K:/G.?-XU"X9F[MRW_=JJP\^I^3E:?G_2,.-B M6[U"Q!F&Z-D0]H@,K;#M>WZ/A\(*NY:CYN'6/%PMCV^$3:#A#H8^MSUGWHMP MI3+#(M<](D,S2TW"JTEX6A*K8DTEK]/PAO%!U^FS4%DAR^N1&%J-D/!K$O[T M'4/D]]3MX@]B<5P/]?;!:FBEV%3!T*JWJ3KDH-6T(DM;8[[+)DVB\ZM'0H7H M '('G8N^1L#',*;@6Y@)"%E8"_*HYP 9?ZK M>/QVTAQDX-["7ZGL;,?PG=X3H#)$GC&W M1[@UG1S:OX5;IV1.9&#[8 MADC,)AKP'=JIMG^@LNMN_VY:&BT"'6UMO8JBN-#U80*"F*V3G!WT*@XV\@#J M]<$@X[>D.' 6"5T)K4[%T>X@AOT<;[II5^93/Q0$SR2D (.T/ 1 "T3AL^H< ML9J&) J*#2&%$Q#\E^ 7 50-[.-9H%ZT7*UW5*R+5;N)Y''6!RVUXKEJ\QC M">RVU]$N(9HT)I#XUL#[HCPS=M$NG;Y+2C004RA7C3 MQ)"^B4W5\Q5,1ZJ[<*29JX*X& MM+$QAR,KH:F\2%]YWTW?ZL<]?AIP4_&Q]7_)VFKDR?. FXZ"W^$<^F:UBE6' MRPZ-LO;H@W[#)#;]#*/?*U-QZY_1(X]TOR!37QD*24DHY&FI"0'R7M.$N&E\ M6-_XWJX)*^"VBIMCOW^<-%OO$E)"M_*=# /K_)#Q\E_U^FG]WN=*ONWH/;^& M%T'Y]J:!*5\F?0FIJ/,,)&0C("W#%:V.EN]GRAN>[^4;BX><\SR5ESL21H06 M!N+W39[SEYMB@/HMV?(_4$L#!!0 ( '6!5E)ZR"@?8 , %\* 9 M>&PO=V]R:W-H965T=.S6%G(Z%I4N*,>%!%4Q1N3S# NQFWBA=UCX0C>YM@O^=%R2#2Y1?RL7 MTLS\EB6C#+FB@H/$]<2[#3_-0P=P%M\I[M31&&PH*R&>[.0AFWB!580%IMI2 M$/.WQ3LL"LMD=/S?D'JM3PL\'A_8_W+!FV!61.&=*/ZAF@O M8O=P\>X2W@'E\#47E2(\4V-?&_>6 MQ$\;5[/:573&51C!H^ Z5W#/,\Q>$_A&=RL^.HB?1;V,: ;M40P-#(U'\]XN-6?.S$QV?$O]*,>SO&KBM2LUP[%OLF;:?#*!F,_>WQL748 M!4'RVFC^LU$<#73DDZE#I:1IY\GVJD>R9ZRB@$>+I.J5BJ5M'1G+XGNE-?/&0:_V+XP>'GP M@]_.5+>=+WKMY8>RDFEN[AZ4IB)TOO;!3QD8!8/37.ZRBI+X))D[K$91TIW, MX5%M"WM#=0ED4F9K2AE9%768&Y-[&BY,+5/N\V5G;#7Q\%CU*$[B^$22?U1Y M&V2;EUO<+(^L]V3J^@O-'7K]4CDAIJ27.#:4 97U^8) MDW4W4T^T*%U]7PEMN@4WS$T'B-(:F.]K(?1A8AVT/>7T!U!+ P04 " !U M@592\6%[I[4" !3!P &0 'AL+W=OLJ ^MM)'?(52 5)I-ZT.UJK3;P[0'DQAB-;$SVT#[W^_LA"P- M@?6%^.SON_ON#I^G>RY>9$Z(0J]EP>3,RI6JKFU;ICDIL1SQBC X67-18@6F MV-BR$@1GAE06MN,EH1)RAD29#VS;MSK)-)X _A!R5YVUDAG MLN+\11MWV0_#ZA. $P6\(_D<)04,(3&7J5$P=$JSP?"KX'@F-!F]Z88II MV) ^9;KM2R7@E )/S>]8RDN"GO KD>BRL18$_D\$W945M 5]7Z,NZ@I=)D1A M6L#J,WI>)NCRX@I=(,K04\ZW$K-,3FT%VG0$.VUT+&H=W@D=KH?N.5.Y1%]8 M1K+W#FQ(JLW,.V2V\,YZ3$@Z0K[["7F.YPP(NOTPW9T,T)./T^,SV?AMGWSC MS_]OGU!"95IPN84._;I9226@2;_/A C:$($)$9P(\3Q:CH8:5[/&AJ6GR&X> M!A.HZ*Y;S '09-Q')<$T:2?WP LB/UQ/[]C6.@'_J3?'KLS;DHB-F9L2Y3R+5/U_6QWVY?A MQ@S$WOX"7HQZP/]S4S\W]UAL*).H(&MPZ8S&4'I1C_#:4+PR0VW%%8Q(L\SA MU2-" ^!\S;DZ&#I ^X[._P)02P,$% @ =8%64O/F#U1N P [PL !D M !X;"]W;W)K&ULG5;+;MLX%/T50N@B!::1^- K ML TTUA3318&@26?6C$7;0B710])QYN^'I!39IB@AR,8FJ7,NS[E\W<6)B]]R MSY@"KTW=RF6P5^IP%X9RLV<-E;?\P%K]9FX:*_^Y9S4_+ 9O S^KW5Z9@7"U.- =>V3J MU^%!Z%XX1"FKAK6RXBT0;+L,OL*[ F)#L(B_*W:2%VU@K#QS_MMTOI?+(#** M6,TVRH2@^N^%K5E=FTA:Q[]]T&"8TQ OVV_1OUGSVLPSE6S-ZW^J4NV701: MDFWIL58_^>DOUAN*3;P-KZ7]!:<.FZ8!V!REXDU/U@J:JNW^Z6N?B L"3"8( MJ"<@ET F"+@GX/<22$\@-C.=%9N'@BJZ6@A^ L*@=333L,FT;&V_:LVZ/RJA MOU::IU;?VPUO&'BBKTR"FP?!7RJ[I#JIX/+;9W!3,$6K6K>^@%^/!;CY]!E\ M E4+GO;\*&E;RD6HM"(3-]STL]]WLZ.)V2$"/WBK]A+\V9:LO X0:BN#'_3F MYQ[-1BS8YA9@^ = $8H\@M;OIL/<0R_>3\]FW.!A=;"-AR?BK8]"L%;=S80B M0RAB0Y&)4-]8R02M?6O4$5-+-/?$RPIG*5R$+Y=Y&X-2B-)K4.$!H90,H"OA M\2 \GA7^J*AB/MD=+;F8+,DR1_48@T@4.ZH]H"A/_:J3074RGVXN])73^G0G MH^EBG$2N\C$J)5&*'.EC%$0QP= O/AW$I[/BG[BBM;Y][.;S64C'%C*8.+MA M/49EVBAQ+(Q1$),L0GX+V6 AFSTY!=LR+;^<.SKY$"O_Z-')1^*_P A'D9,) M#XQD>>)D8HQ"9&H?PNA\P4)[@ M1\]1S[P2EL/]!93EV[P ?#,8QFMB&$)T-H'> Q#@>[:XQ+,D@ M'"W/& 9QA)!K*KRHA!HF=K:BE&##CZWJBHAA=*A:O]I:S1F_-]6LK;#.8;I2 M^ <5NZJ5H&9;'3*Z3?7S(;KJLNLH?K#UUC-7NGJSS;VNR)DP /U]R[EZZY@) MAAI_]3]02P,$% @ =8%64G@$L75(!0 GA( !D !X;"]W;W)K&ULC9AM;]LV$,>_"N$50P+4L4@]69UC((G;+L.Z!DF[ MOACV@I;HF*@L>B1MM]]^1\J1;9&2\R:1Y/\=^=.1=R=.=D)^5TO&-/JQ*BMU M/5AJO7XW&JE\R59478DUJ^"7A9 KJN%6/H_46C):6*-5.2)!D(Q6E%>#Z<0^ M>Y#3B=CHDE?L02*U6:VH_'G+2K&['N#!RX-'_KS4YL%H.EG39_;$]-?U@X2[ M4>.EX"M6*2XJ)-GB>G"#W\UP9@RLXF_.=NKH&AF4N1#?S+]@X4'F#E5[$Z4WWBAE]>#\0 5;$$W MI7X4N]_9'B@V_G)1*OL7[?;:8(#RC=)BM3>&&:QX5?^G/_8OXL@ )QT&9&] MV@91AT&X-PA?:Q#M#2+[9FH4^QYF5-/I1(H=DD8-WLR%?9G6&O!Y9>+^I"7\ MRL%.3^^K7*P8^D)_,(4N'EDNJIR7G-J@?%Z@]XL%LZ$Q$O1(-;M$%S.F*2_5 M)1JBKT\S=/'F$KU!O$)?EF*C:%6HR4C#W,P(HWP_C]MZ'J1C'IB@3Z+22X7> M5P4K3AV, *HA(R]DMZ37XXSE5RC$;Q$)2."9T-VKS7'F,9^]WGS<0Q,V<0JM MO_!LG-",J[P4:B,9^N=FKK2$O?-OSQ!1,T1DAX@ZAC"^J49*4[W10OY$$J+M MBV3M)K5N3%[93J,0,">C[?'K=54QP7%VJIJY*HP)(6$C.T&)&Y2X%^4O40V_ M7CU=6014<%C$DE6:TQ+]^LN88/(;JICVL=5^D^/Y!%DR;K%Y5%$6MU0S5T62 M;!S[T9(&+>E%>](&B=?+0=MM>P8I<::19&D+R-60,"$M'E<4ADGJQTD;G/0, MCLB_#TWF+A @03E3=>X9&C@T9Q5;<"]6ZLQFF"5)U +SJ&*,6ZJ91X5#DHW] M;..&;=S+!H4)RDX%94A" BT@:)I6SWQ>-O';XZ&+P8?9_?W@TLM%_%B*.6RJ(S)H)(9F61;':]3<(+UDR&[*B\'' M^S^_=.!F9W%=191$[;WGBN(L[MAZ.#@4RZ ?5XABQTL 7JTIE]#_>)?FWDL? MA$>"@R!HI\=>3Z<01Q4?]T+4)1V)A:E-:1T2D_OO-EHAJ-[H#S%7Z";WH^'S M:&&A3G69Z2*2:! MZ:TI!N7&[DN[(0'31A'J/2T[%Z2GX1BG#J2K2E-G07H:'))UD1Z:%]S?O1Q( MM[363+&;FA<&0X#0I(6U.CHPWW%Y+,] %'0"&\J77_I-D^;0Y8;>[30 M>GYK#E_L@<#!37UR\XG*9UXI5+(%N RN4MCPLCX,J6^T6-OC@;G06JSLY9)1 M2+1& +\OA- O-V: YDAJ^C]02P,$% @ =8%64MUT2OI; P X D !D M !X;"]W;W)K&ULC99=C]HZ$(;_BA7UHI7:C?,- M%2#11=6I='K.JMN/BZ->F&0@5AT[M0TL__Z, Z0L,;0W8"OQS.9[)3^ M86H 2YX:(AV:5@.K.J=&A#&E>=@P M+H/9I'OVH&<3M;&"2WC0Q&R:ANG].Q!J-PVBX/3@$U_7UCT(9Y.6K>$1[)?V M0>,L[*-4O %IN))$PVH:S*.W]U'GT%E\Y; S9V/BMK)4ZH>;?*BF 75$(*"T M+@3#ORW<@Q N$G+\/ 8-^C6=X_GX%/U]MWG4=2:+7)*8Q];C?_[%[-'[N'J(@ MO2IQKTKH$[M,J* M](J:HYYV=)/V03M6NW]-6L&D[;(4?FYXBWW&^E!' X@W14HOE?581:.<%G[8 M<0\[O@G[C=NZ5J)RPKH$P![&I07M$@4%\6EQ!ZK)!M? MP8[HKPY!;X)_96+##CWW5!"\!9YZ(.,\NBQ5/KLH34;I%K4P5P M"K.N@7E9HT&]3"FEV27JT QE'U2I\*S]NF^?CTRON31$P K]Z%V!E40?/B<. M$ZO:KB,OE<7^W@UK_ 0#[0SP_4HI>YJX)M]_U,W^!U!+ P04 " !U@592 MQJT8U3@$ ^$ &0 'AL+W=O3EH9CI@8MO"X,PF%;F'?#_V"DS9:#:USY[$;,IW*J>,/ D@=T6!Q?<[DO/# MS0B.C@\^T_5&F0?>;+K%:_),U,OV2>@[KT;):$&8I)P!058WHUMX?8]L@HWX MBY*#;%T#(V7)^3=S\Y#=C'S#B.0D508"ZY\]F9,\-TB:QS\5Z*BN:1+;UT?T M#U:\%K/$DLQY_H5F:G,S&H] 1E9XEZO/_/ [J01%!B_EN;1_P:&,C<,12'=2 M\:)*U@P*RLI?_%H-1"M!"W4GH"H!G9L05 G!N0EAE1">FQ!5"5:Z5VJW [? M"L^F@A^ ,-$:S5S8T;?9>KPH,XWRK(1^2W6>FCVPE!<$_(E?B007G[ 0V,S< M.W"Q( K37+Z;>DK7,=%>6F'>E9BH!Q,B\,B9VDAPSS*2G0)XFF#-$AU9WJ%! MQ 5)KT +P'RD?_RO 7O[EXS<]&@9-^E,7Y*.-^E/OS46(GRLE !?5T!A8V MZ('5\PCF@F14@;F>R^_:20Y89.#K1QT('A0IY-\#9<*Z3&C+A+WL5T3H,D#I M>CG%2YI318F\U-VK-AN>9Y2M 689R.B>9H39R$N@Z>B5RUPM519,;$'C;OO9 M>Y0DH>_[4V_?GF-'8!!-DG;@B::HUA0-:GIA&95*T.5.:6$$"Z8U2,!71];: M3)>29A0+K=0EH<2/6\R@'\'Q).B*<(4FXW$RZ941US+B01E/A.'JI#O"DR3IRG+$Q0GJ)3RN"8\'"3]JH@*#3T39/7]@S4UJQ,E;+FWH-SN" M/TC]CRTQFX!>P#F7$J2FV/NJFK/O*[R3UH (=L?:$3B>1-TFNJ\"VUV$$ K[ MIP6V]COXW]5=@CW.=[C\A,GU1Q1FJ7/-5$7:2OJ8H889&F3VP66.IUC--@#? M=!^ S48 ?[(35/[N;HS0L;AB/W*X"^S:NHGR^V>\\74X;.Q?!KX$+9G^@@U#@V'+?K7%YC#HK6KCAW#V+5?&*#3R%/6C0/#80O^GQ:. MPV]]ZQ4=*=W((#DUBU,EC37#86]^5EB1H>YO+!F^J2>CQI/1L">;0FE9Z.?M M@KHV"Z,H<1BR,]+W^P<9-3Z+AGWV1\85X;,;I8(_Z6040L<'H2O2CP/'9N&U MSDD%$6M[0-6MS'=,E8>1^FE]"+ZU1[\?GM_!ZT5YE&U@RI/U(Q9KRB3(R4I# M^E>)]A!1'E;+&\6W]C2VY$J?[>SE1A_PB3 !^OV*-TEP1HT@W; <.*=+U[.-R#:C.Q M-EGR27*3W5\_2G;=-'&"/=R+K0^2_I&F2$TV2G\W!:*%;2FDF0:%M=6[,#19 M@24S%ZI"23LKI4MF::K7H:DTLMPKE2),HF@4EHS+8#;Q:[=Z-E&U%5SBK093 MER73/^8HU&8:Q,'3PI*O"^L6PMFD8FN\0WM?W6J:A9V5G);-L&8D$1AT"H,O*,-F7?KAEDVFVBU M >VDR9H;^-AX;?*&2_<;[ZRF74YZ=O9)9JI$^,JV:.!LB9F2&1><^1A_6<&] MU+2VEOP_S)T4S%'BBEOS!LYNT#(N:'0.]WX(B]O0BK$Q%^"^^WF:AS+M=P7:I:6@.WJ"GFTBU9 M1?N,4J)56Z*MM33P]U() 93C&Z;S?TX@#SODH4<>'D&>,\%DAL L_,%D38?] M]6_Q*/H][ON]C:G4FW(EY'$6Q\-X- D?=V/>)Y5$SU(O."\[SLN3G(N"R36Z M!*PT5QHJI%<.E3+H1VU-&.3M)2@;0"J2!: MEP2]Q'W HP.6:(_V4.(\&43]L&D'FYZ$O<[S)H9 C0,L95L751?OK-;:.=+P M]V&G!U##*-HG/Q1*=H5>D(\[\O%)A73S'5-"P?4%-=ZZW0T>'I'*;1_AGN M$WMQU!O0<*< M,E'@BDQ&%RD=6-VT[V9B5>4[X(.RU$_]L* K#VHG0/LKI>S3Q'V@NT3-?@)0 M2P,$% @ =8%64@9SLVW( @ +0L !H !X;"]W;W)K6FEJ8D.!5H!4VGUT&EK5KINF:0]N M8YO9S@!I/WZV PF3AM,)\4+\=%2JF>= QBTXH70HR@W9G$9QSK- M@5-])A<@[,Y,*DZ-G:IYK!<*:.9!O(A)DO1B3IF(QD._=J?&0UF:@@FX4TB7 MG%.UGD AEZ,(1]N%>S;/C5N(Q\,%G<,#F,?%G;*SN&;)& >AF11(P6P47>'+ M"4DD41W3 M 7?'6_8W/GF;S!/5<"V++RPS^2@:1"B#&2T+B^M+5QH@= .[M 9 -@'C=52"O\H8:.AXJN43*G;9L;N!3 M]6@KC@EW*P]&V5UF<69\*U+) 7VB*]#HY*.];#=&7X$JC29K-*4_I$+O2\5T MQKR1^A2=W("AK-"GP]A8#8XI3C?Q)E4\LB<>)F@JABTRR/XFB*WX.@.R MS6!"@HPWD)ZA#GZ%2$*2 %^G=J3C^;I[^*9,,%YR]!L]"F8@0P^&&M !YF[- MW/7,G5:OT;7U@(DYB'2-OGVPY]"M :Z_!Z*Z"9 M87Q+6<1-7<'ARM"8V?ZD<5,G<.^8-C:U _Y&.]T,!S4W/=I&J6R%*9J9NK5NA>\JCJ@YGC52$ZI MFC.A40$S"TW.^O9?K:K>K)H8N?#]T),TMKORP]SVLZ#< ;L_D])L)RY W2&/ M_P!02P,$% @ =8%64HM1M!KJ! >A4 !H !X;"]W;W)K:D)#:P:7I&0J*T-QSD8S,^'+"= MC*.4SC@2NR0A_/>(QFQ_U;-ZAX'OT7HCLP%C.-B2-7VF\F4[X^K.J*PLHX2F M(F(IXG1UU;NV+I\LG!%RQ)\1W8O:-F"7!+\K(2@)05="6!)"G>"="IQYB)S9]1U6 M%>Q&M$]2#N$N$M\H$BO/RC&19#C@;(]XAE?VLHL\M7.^2L8HS:KP67+U-%(\ M.?Q#%?HD7;"$HFLI>33?23*/*?K!T&1VCV8;)ED:+02Z87S+.,E+9T8Y>MX0 M3M'9#4NVBI(/CZ-X)^D2U6Q6R'-T-J:21+$X1Q?HY7F,SKZ#'ANT$29=J\,O1_<"02GNFP%B4.D>%3GQ"IXV^L51N!+I-EW0) M\*?M? NW&#"4TRO/XX/G1[C5XI@N^LBVOB)L8A.8T$T[_9EN%=T\21^WTZ>[ MM)5^VT[_1GCKY.\Z:[="@'[?63M(?^BL':1/.FL'Z=//Q?WQJ9SC!H#J !C[QAU"Z \Q[2/47=- MU(7CN.8QZKZ)FB@?8Q\?HR: +==R-4],FRB%<75CCP L,+&M>>P) M\+[IF-BO8$>YX5:YX?[7W%"#B5J1U *Z>-VP>$DYM&9,W6XJ 1BDL@EK4^E5 M*KU6E2,BH@7:Y]M)M;B2-\K5]OBP2IZI9;&X/(<$%J:]>K!M*]!2]1%"F9ZE MR8-0+L:P.K]2Y[>JR_<,:A^.Z&JE-N:(K8YBA^C/7?1&8IK*#[7ZS?F%6EH_ M-C&^'V@ZFQ@+UWK DZIX E./7 MFMB1S+"2&7;(U?3#GIT"F\JM6D!$L:E47EBR."9@!1MM;,)K M+>;3$N6UI$X)L:S6Y(%0+>E3 M^RZS.G6,CXOI?ZJE#$V[![V[!GW7+)^L* M=ZHK".5Y>EU!*-_2ZPJT%>B5U$2!E=2$J>SW]4J"4/I^9@+;PGHE-5%0VC11 M4-8T44#2&+7CCH3R=7Z()U3<=ZDLOERJT>J@\#H_+M'&1];EQ +&I]G!8GZ\ M\FZ^.)54WW[K*!4HIBOU*A5,M>?CQ4%?<2/9-C]LF3,I69)?;BA1.9@!U/,5 M8_)PD[V@.FX=_@M02P,$% @ =8%64B-*PLXV P /0P !H !X;"]W M;W)K6JEK/DF@ B0^V@UI MG1"LV\.T!Y,88C6V,]LIW;^?[820-A#U96I?(';..3GW'A1?AGO&'T6*D 3/ M)*-B9*52YC>V+>(4$2BN68ZHNK-EG$"IEGQGBYPCF!@2R6S/<4*;0$RM\=#L M+?EXR J988J6'(B"$,C_3E'&]B/+M0X;*[Q+I=ZPQ\,<[M :R8=\R=7*KE42 M3! 5F%' T79D3=R;N>MK@D'\P&@O&M= E[)A[%$O%LG(']3O3/&JF T4:,:RGSB1Z0(W QH1*#.T9EJAY E?I+ 5L57E?O':J?>IV*8[D0CU%]? ME3!82$3$[PY;06TK,+:"_VOK"DP(*Z@\];LI#83&@'[3/8U[82]T5*1/S33; ML#!R6K!Y&^9%@Z@!>]&&7MV&7F<;UI+%CX#ENL*.KH:U7/B1PHYJ6]%[AQVU MP_;#7BOL$[#(=5IAMV&>$_CGPN[7;>AWMF&%A'J9QE(57.;^0+$4X&*U?A"7 M'6T>U/J#CY2^ZQR/$^>]\Z\_!^*ZI6Z&U(X S:H;=A;C!HA6XWYBJ" M^,[,IP+$VF Y9-2[]0P\,9/?J_VIGHW-O':4*0?K>\AWF J0H:V2=*XC=8CP M<0U0][>,R<-"/Z#^QS#^!U!+ P04 " !U M@59253X36Z@# #Z"P &@ 'AL+W=O&UL MS59-;^,V$/TK Z&'!-A:7Y9L!XX!)_:V ;H+(^ZVAZ('6J(M8B52)2D[VU_? M(27+'Y&=M+UL#K%(S7M\;X:D9KP3\JO**-7P4N132S(HH^BOQWENKLWADZD-(UJ7+]+'8_T\909/@2D2O['W9-K.= 4BDM MB@:,"@K&ZU_RTB3B".#'%P!! PC. ?T+@+ !A.\%]!M _[V J %8ZV[MW29N M1C29C*78@331R&8>;/8M&O/%N-DH2RWQ+4.4++_!- MN68IRRM3,5C2I)),,XK)?DGR"O,-:RD*K'51XCZPM19KF!/)&=^HH[K_\0L2 MPY.FA?KSBJQ^*ZMO9?4OR+*D"B^>LI))AN<^A1O&0=GISEU4\\66SUR&VTGH M^7&,!=X>U[8S+(B#T[#9ZS#?B_QA$+5Q)[:BUE;T+VU] +*E$F]@2(324&)" M57V0T&XJ\IQ(=9CM=%XO.3K6&D2]:'CFO",LC'J!?^:\(RP>],)1M_&X-1Y? M-8Z['K]:B@*ZVMF[&BNZ=\ZK8H4.<6-I$U3);TVAWZIY_*I*YE1$X9GSUV&C M@1?USXR_C@KCM@L,OZ<#/&IEC:[Z MGE8Z$Y+];J^O%554??5O^_[X;AE;3[P6&)X'O:#_[A0^.'_WM'S!N.P>EEUIE\]ZC' M*:CS4MFUG\P_^W:QN0P\T=5?\B<@-XPIRND9*KS? MRU'6C68]T**TG=1*:.S+[&.&S3F5)@#?KX70^X%9H&WW)_\ 4$L#!!0 ( M '6!5E)Z+_O$; 0 .H1 : >&PO=V]R:W-H965TDZ[4_4WK87IWOA@@EH@)EMFE:Z M#W^V(4"+8;UM?9-@\_R>__YA>W&@["N/"1'@(4MS?CF)A2@N+(L',6;B+(,"SED>XL7C.!0@[+40K;M61E.\LERH>=V;+F@I4B3G.P8X&668?9X M15)ZN)S R7'B)MG'0DU8RT6!]^26B$_%CLF1U6@)DXSD/*$Y8"2ZG*S@Q18Y M"J E/B?DP#O/0(5R1^E7-;@.+R>V\HBD)!!*!99_]V1-TE1IDGY\JY5.&IL* MV'T^:O]#!R^#N<._B1U0*[2%]"4ZU]PJ&7M M"0A*+FA6@Z4'69)7__BA3D0'(/68 :@&H.< ;P#@U #G.6 Z )C6@.E+ 6X- MT*%;5>PZ<1LL\'+!Z $P)2VUJ0>=?8V6^4IRU2BW@LFWB<2)Y0U)L2#AFQUF MXA'\Q7#.L2XA!R ?"N30M*F,(51 M6?&>N#?O1]$7\SS8$]NZO6"AC;S!8+TF6&\TV'6P6UA02E9A0 UD;/D>I"IN$\V-:T?NN6W_/N+FO'%S_IUU4N6CT/D0G7S@ MC);FIIOWNFGN&):.00Q-^TUG$G,'>P[:[4?'_NFN4Y1 M1*TI]%/T5\-?G/66WZ$S:GB3,+D]H[]V<<.6]>'TE5/<,C@W3JN_9!D_[F<%1R^!HG,'_?W.B/J<[CH%>#')#96QI'XW3_J_:S]9FNEM0 MSW<-,?3EGK?LJ$@5IM4YTV:$[?5E @>!RGQUP&MFFPN+E3ZF/YM?PXMM=>W0 MJJEN0=YCMD_D03&PO=V]R M:W-H965TNSJPZ2A2G-!,QRP"GZ_O.@WVW\'.^ /Z*Z5X<'8-\)$O&ON8GL^B^ _,. MT82N9!XA5#_O=$"3) ^DNO%?%;-3-YD+CX\/T-P\WHHEHO@/]A4+.V"U$Y*EE5CU((VS\C?\5N7A2*#B MF 6H$B!=X)P1X$J VPJ<2N"T%;B5P&TK()6 M!5XE0 M?(=C.,LS%9QF( \(K@:L'3+,II) 7Y? M@Q\*KL'5D,HP3L0UN 6O+T-P]>D:? (6$)N04P'B#+QFL10WZJ(Z_G/#=B+, M(M&SI!I0WBUK577^L>P\.M-Y##ZS3&X$&&41C0SZ^66]C2X$L%0FZW2B0SH? MT<6(0[KJ FS? 01-'1H<%G^0K=*#L_*AY?E\UUV43ZZ+/\<\HN='[<>NQT8 MY)/68S?*IZW';I3/6H_=*)__6MV??BUUB_9R_X*+<;THX"(>_IE%89:5C_[\ M&?K/PU)(KIZD_UYHU:E;=8I6G3.M_J:V'"),J'$A**5>(=8F-#HY 0Y)UB$P.& AO[I]C4@!'L MD> 4FYE&ZD)':W3>Q&RU/_.0<\H]&3AL.ZZOI61AX!PW\+V/>">U=^O:NQ=K M/^%,"+#E;!U+4_E+-3EIEOB>EI2! 7.1%V@%&QHP3!Q'BS8R8!#Y'M'*;\"4 M1R#6RF_LF^_JY3=@/D18J^O,E! _T!T\;V(N]H- &\)3$R.0(*@E9-'$? @1 M\/%RF/R M"&E8TPDPUBW2I+!+H#8=A@;*1TA+V\A $4LC58DV; ME(>0I_E[9HCEVJZ6B7F34HRK!WLR8+DAM8PM#-F'#CQ:!$^\X=7>\-IZXRI1 M2\0UV%)>;B1O\K>O> 6NU!XR8DD2N)&QDAJ\AW_:59I2FYA%VI+Q*1)V0UH:H*P9N"9,9)6V;G7=+EFD688W-7] MT62\KNN:W>'7[O!_WAU1G.SR/4Q[?_AM_&&"B);7H0GR]-V%,9)6QG$3,CFB M2:DZ:J:=FB!]&L^,D;0QJ[FB"7E=K#]/K*/7VY3RM^*C MC0 KMLMDN:FMK];?A1Z*UV/M^J-]-[,-U^?VW:+\[/,1OOP(I5X+WN),@(2N M55.JB.H1R,L/.^6)9-OBY7K)I'I9+PXW-(PHSP%U?\V8/)SD#=1?U_K_ U!+ M P04 " !U@592+K2@C6 " !^# #0 'AL+W-T>6QEI-QN.YQQ#A, IXQ>Z8*D$L*JY".&LA8)O/20C] M^7L(+-VM2' ('\_>_JB$NGD#;#MZ-QJ-+\:/YS>[D3,7.H?>7N+9 <2#M$.D M\X/4ZN<%P?H9HK\\C/XE\B'JJ_W4?W[]'EB0+M);$L]M:A2D@G=[.X46T)D1 MPV"%: AO$25+2&" 65$B@=%%I*;Y!RB<;]JUGZLWQ,,*%;'+; M#/9WZ;KO!#:>$4@H;05.H 6BH$!*8#LQ;K0"C.)UOYD!KL! M3:.3+(5,L&S3^' #10'%J9$C29:;5HG",T&E!--&0E F.&HT;$8X0]/&F-(' M\S)^3[>XZ[2WIV.SH[PUM2!G6AKK&/X^F^7NTTY>Q0L*LA+J4Z6GPQO?5 J^ MES@E=>/7:2M@B-T?9D=%0=, K09!W(AR9/.9DHEU@"6$*RP M5"3N(S\E*A:X5IMRJM-AS9,3U/QOUSG#'$M$^Z)U[1_S*K]:L3N]_H?FYF]E M5_%>D=/+X]?H3NMC%SD_!9$GL=U7QR]R>GV4&CUW?O[I&!9$:H(=UY.D@3S9S<%3:_04G\,;/'K_@E.4475H@V&L+._XH14[+KM M=6\6PO7J["]F>OZ\2=A]<41_ 5!+ P04 " !U@592EXJ[', 3 @ M"P %]R96QS+RYR96QSG9*Y;L,P#$!_Q=">, ?0(8@S9?$6!/D!5J(/V!(% MBD6=OZ_:I7&0"QEY/3P2W!YI0.TXI+:+J1C]$%)I6M6X 4BV)8]ISI%"KM0L M'C6'TD!$VV-#L%HL/D N&6:WO606IW.D5XA-/E_G;@2=&A(E@6FD7)TZ(=I7\=Q_:0T^FO M8R*T>EOH^7%H5 J.W&,EC'%BM/XU@LD/['X 4$L#!!0 ( '6!5E(@]>WO M2P< ,U% / >&PO=V]R:V)O;VLN>&ULQ9Q=;]LV%(;_"N&K%-AF6]\J MF@+Y:+H ;>(E08M=#8Q,)T0ET:.DI.FO'R7;[6%MO]C-J:\<28[\F!+/OMF<:V;'=,.TJFBUJ=W.?L MRU:]MZ9;ZOJA/XW[%F/R-89VV+RN&O&U_3_-:!8+7:AS4W25JMM5.UI5]H!U M\ZB7S4C4LE+'HS/SI*R8R0?5?RGW*9?SU1=L'1EI+OM:NP/VZ7KV!PB&A3)F-21JW"WG7[Z/*N#UK>4TSDD"FS1%Q;SMU=*#Y+:UU;_M1[D3BFS.:X<#VV M+ESG$"<]VL-VN$/&F#(KXUQ9_23[]-[UD[XG;]$A54R97?'!"<*[D@%20\"L M!A=^*]VNDI.^%_2&===5N:OK0R)9!,RRN&U-\>7W4]=N\R$1=9UV>!/E@P4( MLR_>5D@< ;,X^OJB4N).?O6O*-)$P*R)*W?>-==) MVUI]W[EJW@9(% &S*&[ZG6K^^TPZI8D[%^H:6?RET@V(;-L=A=1.S&1;$)FV>RNIG9A1D@V$;-L5F753BPDE^A IB@Q8V"<5$KHD.6MBD%!.Y)F)V#<;,Z D?0^$ML8P8V2A^#"C^>+HJB\F MZ2AF@BR4'.KQVNH Q4062I@MM!?SUIU\WE%,9*&$O0(B3P'[2LW4/R9H/=%" M+4$62M@'KVXF:)F%&(Y03&2AA-E"\$&K5P GR$()LX4P)DV+$V2AA-E" M&).FQ2FR4,IL(8Q)T^(462AEMA!\NN[=FRFR4,IL(8Q)[\T462AEMA#&].Y- M9*&4V4)XK,)K362AE'_D9VNL@L1XBHDLE/[RZ6A>!D(QX:3F@\Q-$T>GQEKS M3.>'I\A"Z8%&?]8M2C&1A5+N6F@/9C ))N*"9N\9LE#&;*%]@U3KXH-B(@ME MS!;:A[G>3S&1A3)F"VW&TK;K"V]0*$,*RI@5M&$<7C=C^=+%]WX&KU<(94A! M&;."-I@7W?#(^&._QJVKQ$R^_#PI-4,*RM@7U8!IH-[D@PPI*..>[;9W-'6H MV"DF4E#&K*#]F$./HIAP90VS@O9C?E;Z@2Y2RI"",F8%[<<A9$C!>4'FY#@+KJ/B124,RL(MR9-W7-DH9S90KMG?G^W)<5$%LJ9+>1/ M[UAOG2IW+I>(> L["UGNR+/2GHM3O3<,G_5M(VXO3% X4K0"?,)L+3ND(/%*X&G3"["(-& M'BA<(3HYZ$2YV .%BT0G[),4]JVK&2* !PH7BDZ8C83G]/GW*%PJ.AF<-![> MWKQ],W?)0JWF5^Y#&K>_D&4QLZ)_&69VW==?S!ROODUDLTO MJ;S]#U!+ P04 " !U@592XPVLQ_\" !%/@ &@ 'AL+U]R96QS+W=O M3NBY(%?*,NNHG\KM 8,;P;/T)F_OM?PVXYO1X/X_;U-"[>][O#^-!MI^GT MH^_'U7;8+\>[XVDX7-Y9'\_[Y719GC?]:;EZ6VZ&WAF3^O/M'MWC_>V>B^>/ MT_ _.Q[7Z]?5\/.X^KT?#M,_-N[_',]OXW88IF[QO#QOANFAZ]]WU\MC__EB M[RX[=XNGEX?N_/1BNW[N("=!;OX@+T%^_J @06'^H"A!#J"W:WYL _1VJK<#Z.U4;P?0VZG> M#J"W4[T=0&^G>CN WD[U=@"]G>KM 'I[U=L#]/:JMP?H[55O#]#;-P]+ 'I[ MU=L#]/:JMP?H[55O#]#;J]X>H+=7O3U ;Z]Z>X#>0?4. +V#ZAT >@?5.P#T M#JIW .@=FH?= +V#ZAT >@?5.P#T#JIW .@=5.\ T#NHW@&@=U2](T#OJ'I' M@-Y1]8X O:/J'0%Z1]4[ O2.S9^5 +VCZAT!>D?5.P+TCJIW!.@=5>\(T#NI MW@F@=U*]$T#OI'HG@-Y)]4X O9/JG0!Z)]4[ ?1.S6$3@-Y)]4X O9/JG0!Z M)]4[ ?3.JG<&Z)U5[PS0.ZO>&:!W5KTS0.^L>F> WEGUS@"]L^J= 7KGYK @ M0.^L>F> WEGUS@"]B^I= 'H7U;L ]"ZJ=P'H753O M"[J-X%H'=1O0M [Z)Z M%X#>1?4N +U+<]@;H'=1O0M [ZIZ5X#>5?6N +VKZET!>E?5NP+TKJIW!>A= M5>\*T+NJWA6@=U6]*T#OJGI7@-ZU&=8!Z&U-.ZX#\-N:9F#' 2WIAG9,0## MK6F&=@Q <6N:L1T#<-R:9G#' "2WIAG=,=]I^3A][(;Q6O2U;@*^4^[I\MGA M^OV?RZ^+[?W^B75_FS$^_@502P,$% @ =8%64J% UB-M @ _SL !, M !;0V]N=&5N=%]4>7!E&ULS=O?;ILP%,?Q5XFXK0+88 -3TYMVMULO M]@(,G :%?[+=+GW[.:2MM*F+5F72OC=!B>WS._A(G[MC5L=AGYTFVCG M_?PI25RS,T/MXFDV8UC93G:H??AJ'Y*Y;O;U@TEDFNJDF49O1K_VQQK1S?6= MV=:/O5]]/H2?73>-F\B:WD6KV]/&8]8FJN>Y[YK:A_7D:6Q_2UF_),3AY++' M[;K9784-4?)NPG'ESP$OY[X^&6N[UJSN:^N_U$/8E1SZQ/GGWKCX?(EW>IRV MVZXQ[=0\#N%([&9KZM;MC/%#'Y^*7IU/]N&&S>E37)R_E#D7&';>VVEV86+6 M?#SN=23'T^LY%#+6=^=?\2TQE+[X_Z7>;AD>5Q^Q[_. M^*W^!_N0D#XR2!\YI \%Z4-#^B@@?920/BI('R*E-$(155!(%113!05505%5 M4%@5%%<%!59!D5529)44625%5DF155)DE119)45629%54F25%%DSBJP91=:, M(FM&D36CR)I19,THLF8463.*K!E%UIPB:TZ1-:?(FE-DS2FRYA1914G@5*<57D?Y/8+]/T_X?QR_/ M>*B[\34_6?[W>_,34$L! A0#% @ =8%64@=!36*! L0 ! M ( ! &1O8U!R;W!S+V%P<"YX;6Q02P$"% ,4 " !U@592 M-';>ZNX K @ $0 @ &O 9&]C4')O<',O8V]R92YX M;6Q02P$"% ,4 " !U@592F5R<(Q & "<)P $P @ ', M 0 >&PO=&AE;64O=&AE;64Q+GAM;%!+ 0(4 Q0 ( '6!5E*[U 0VA@8 M /\9 8 " @0T( !X;"]W;W)K4& #_&@ & @(') M#@ >&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64K70 M3(6P @ A0< !@ ("!Y!4 'AL+W=O&PO=V]R:W-H965T M&UL4$L! A0#% @ =8%64D5P!A2+" F2P !@ M ("!EB, 'AL+W=O&PO=V]R:W-H965T&UL4$L! M A0#% @ =8%64HSQYI1$"0 \!8 !@ ("!'UL 'AL M+W=O&UL4$L! A0#% @ =8%64HV,5@8 !D ("! M&V\ 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% M @ =8%64F:Y;GT[" ;!0 !D ("!#7\ 'AL+W=O&UL4$L! A0#% @ =8%64A-M!O0N M P LP8 !D ("!QXX 'AL+W=O&PO=V]R:W-H965TJ , /(' 9 " @>"9 !X;"]W;W)K&UL4$L! A0#% @ =8%64GLTK'!:! 5PH !D M ("!OYT 'AL+W=O&PO=V]R M:W-H965T&UL M4$L! A0#% @ =8%64A*A3:'7 P ?@@ !D ("![[( M 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ M=8%64B F6MH&! U D !D ("!H\H 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64J)IBJ7Z!0 M1A$ !D ("!^/, 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64JV0N"QX @ * 4 !D M ("!S08! 'AL+W=O&PO=V]R:W-H M965T&UL4$L! M A0#% @ =8%64HZ&";^[! 0L !D ("!&A ! 'AL M+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%6 M4DN8YV7 @ Q04 !D ("!&!P! 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64I?]MW2K P T0@ M !D ("!_B4! 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64N![7T;S P 2 H !D M ("!ZCD! 'AL+W=O&PO=V]R:W-H965T M&UL4$L! A0# M% @ =8%64K03:X3,!@ ER( !D ("!7T4! 'AL+W=O M&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64C(' M@B;I P M0X !D ("!-%,! 'AL+W=O&PO=V]R:W-H965TI0, /0- 9 " @?%: 0!X;"]W;W)K&UL4$L! A0#% @ =8%64A("@;+.! <10 !D M ("!S5X! 'AL+W=O&PO M=V]R:W-H965T&UL4$L! A0#% @ =8%64OE'G^"[ @ TP8 !D ("! MJ&P! 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% M @ =8%64G'FY_J)"0 \D0 !D ("!XW@! 'AL+W=O&UL4$L! A0#% @ =8%64O!3&GA[ M @ V@4 !D ("!6(H! 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64JTL6#(2!@ OAT !D M ("!/Y(! 'AL+W=O&PO=V]R M:W-H965T= 0!X;"]W;W)K&UL M4$L! A0#% @ =8%64EH^EBAM P .0H !D ("!,*$! M 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ M=8%64F5#^&^A @ 4 < !D ("!!JT! 'AL+W=OKP$ >&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64H:_.1XD P MO P !D ("!'+8! 'AL+W=O&PO=V]R:W-H965T251@, % ) 9 " @9:\ 0!X;"]W;W)K&UL4$L! A0#% @ =8%64FT?7. S @ 004 !D M ("!$\ ! 'AL+W=O&PO=V]R:W-H M965T&UL4$L! M A0#% @ =8%64IFL)W!6 @ S 4 !D ("!#&PO=V]R:W-H965T&UL4$L! A0#% @ =8%6 M4D3"3IG2 @ " D !D ("!<-0! 'AL+W=O6/\" ,"@ &0 M @(%YUP$ >&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64K,:CZ+$ @ ]@< M !D ("!)MX! 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64EW'4@%2 P YPP !D M ("!1NL! 'AL+W=O&PO=V]R:W-H965T M_GP0 )41 9 M " @2?T 0!X;"]W;W)K&UL4$L! A0# M% @ =8%64FM0XH4.! (A( !D ("!_?@! 'AL+W=O M&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64O%A M>Z>U @ 4P< !D ("!L 8" 'AL+W=O&PO=V]R:W-H965T&UL4$L! A0#% @ =8%64MUT2OI; P X D !D M ("!P!(" 'AL+W=O&PO M=V]R:W-H965T @!X;"]W;W)K7!E&UL4$L%!@ !R '( 7!\ ' "M( @ $! end XML 122 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 123 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 124 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.4 html 419 567 1 false 121 0 false 9 false false R1.htm 0001001 - Document - Cover Page Sheet http://www.ipgphotonics.com/role/CoverPage Cover Page Cover 1 false false R2.htm 1001002 - Statement - Consolidated Balance Sheets Sheet http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets Consolidated Balance Sheets Statements 2 false false R3.htm 1002003 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) Statements 3 false false R4.htm 1003004 - Statement - Consolidated Statements Of Income Sheet http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome Consolidated Statements Of Income Statements 4 false false R5.htm 1004005 - Statement - Consolidated Statements Of Comprehensive Income Sheet http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome Consolidated Statements Of Comprehensive Income Statements 5 false false R6.htm 1005006 - Statement - Consolidated Statements Of Equity Sheet http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity Consolidated Statements Of Equity Statements 6 false false R7.htm 1006007 - Statement - Consolidated Statements Of Cash Flows Sheet http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows Consolidated Statements Of Cash Flows Statements 7 false false R8.htm 2101101 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPolicies Nature Of Business And Summary Of Significant Accounting Policies Notes 8 false false R9.htm 2110102 - Disclosure - Revenue From Contracts With Customers Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomers Revenue From Contracts With Customers Notes 9 false false R10.htm 2119103 - Disclosure - Fair Value Measurements Sheet http://www.ipgphotonics.com/role/FairValueMeasurements Fair Value Measurements Notes 10 false false R11.htm 2125104 - Disclosure - Inventories Sheet http://www.ipgphotonics.com/role/Inventories Inventories Notes 11 false false R12.htm 2129105 - Disclosure - Business Combinations Sheet http://www.ipgphotonics.com/role/BusinessCombinations Business Combinations Notes 12 false false R13.htm 2133106 - Disclosure - Restructuring Sheet http://www.ipgphotonics.com/role/Restructuring Restructuring Notes 13 false false R14.htm 2136107 - Disclosure - Goodwill And Intangible Assets Sheet http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssets Goodwill And Intangible Assets Notes 14 false false R15.htm 2142108 - Disclosure - Property, Plant And Equipment Sheet http://www.ipgphotonics.com/role/PropertyPlantAndEquipment Property, Plant And Equipment Notes 15 false false R16.htm 2147109 - Disclosure - Accrued Expenses And Other Liabilities Sheet http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilities Accrued Expenses And Other Liabilities Notes 16 false false R17.htm 2150110 - Disclosure - Product Warranties Sheet http://www.ipgphotonics.com/role/ProductWarranties Product Warranties Notes 17 false false R18.htm 2154111 - Disclosure - Financing Arrangements Sheet http://www.ipgphotonics.com/role/FinancingArrangements Financing Arrangements Notes 18 false false R19.htm 2159112 - Disclosure - Derivative Instruments Sheet http://www.ipgphotonics.com/role/DerivativeInstruments Derivative Instruments Notes 19 false false R20.htm 2163113 - Disclosure - Leases Sheet http://www.ipgphotonics.com/role/Leases Leases Notes 20 false false R21.htm 2168114 - Disclosure - Commitments And Contingencies Sheet http://www.ipgphotonics.com/role/CommitmentsAndContingencies Commitments And Contingencies Notes 21 false false R22.htm 2170115 - Disclosure - Stock-Based Compensation Sheet http://www.ipgphotonics.com/role/StockBasedCompensation Stock-Based Compensation Notes 22 false false R23.htm 2179116 - Disclosure - Employee Benefit Plans Sheet http://www.ipgphotonics.com/role/EmployeeBenefitPlans Employee Benefit Plans Notes 23 false false R24.htm 2181117 - Disclosure - Income Taxes Sheet http://www.ipgphotonics.com/role/IncomeTaxes Income Taxes Notes 24 false false R25.htm 2190118 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share Sheet http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShare Net Income Attributable To IPG Photonics Corporation Per Share Notes 25 false false R26.htm 2195119 - Disclosure - Related-Party Transactions Sheet http://www.ipgphotonics.com/role/RelatedPartyTransactions Related-Party Transactions Notes 26 false false R27.htm 2197120 - Disclosure - Selected Quarterly Financial Data (Unaudited) Sheet http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataUnaudited Selected Quarterly Financial Data (Unaudited) Notes 27 false false R28.htm 2202201 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Policy) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy Nature Of Business And Summary Of Significant Accounting Policies (Policy) Policies http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPolicies 28 false false R29.htm 2303301 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Tables) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables Nature Of Business And Summary Of Significant Accounting Policies (Tables) Tables http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPolicies 29 false false R30.htm 2311302 - Disclosure - Revenue From Contracts With Customers (Tables) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables Revenue From Contracts With Customers (Tables) Tables http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomers 30 false false R31.htm 2320303 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.ipgphotonics.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.ipgphotonics.com/role/FairValueMeasurements 31 false false R32.htm 2326304 - Disclosure - Inventories (Tables) Sheet http://www.ipgphotonics.com/role/InventoriesTables Inventories (Tables) Tables http://www.ipgphotonics.com/role/Inventories 32 false false R33.htm 2330305 - Disclosure - Business Combinations (Tables) Sheet http://www.ipgphotonics.com/role/BusinessCombinationsTables Business Combinations (Tables) Tables http://www.ipgphotonics.com/role/BusinessCombinations 33 false false R34.htm 2334306 - Disclosure - Restructuring (Tables) Sheet http://www.ipgphotonics.com/role/RestructuringTables Restructuring (Tables) Tables http://www.ipgphotonics.com/role/Restructuring 34 false false R35.htm 2337307 - Disclosure - Goodwill And Intangible Assets (Tables) Sheet http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables Goodwill And Intangible Assets (Tables) Tables http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssets 35 false false R36.htm 2343308 - Disclosure - Property, Plant And Equipment (Tables) Sheet http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables Property, Plant And Equipment (Tables) Tables http://www.ipgphotonics.com/role/PropertyPlantAndEquipment 36 false false R37.htm 2348309 - Disclosure - Accrued Expenses And Other Liabilities (Tables) Sheet http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesTables Accrued Expenses And Other Liabilities (Tables) Tables http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilities 37 false false R38.htm 2351310 - Disclosure - Product Warranties (Tables) Sheet http://www.ipgphotonics.com/role/ProductWarrantiesTables Product Warranties (Tables) Tables http://www.ipgphotonics.com/role/ProductWarranties 38 false false R39.htm 2355311 - Disclosure - Financing Arrangements (Tables) Sheet http://www.ipgphotonics.com/role/FinancingArrangementsTables Financing Arrangements (Tables) Tables http://www.ipgphotonics.com/role/FinancingArrangements 39 false false R40.htm 2360312 - Disclosure - Derivative Instruments (Tables) Sheet http://www.ipgphotonics.com/role/DerivativeInstrumentsTables Derivative Instruments (Tables) Tables http://www.ipgphotonics.com/role/DerivativeInstruments 40 false false R41.htm 2364313 - Disclosure - Leases (Tables) Sheet http://www.ipgphotonics.com/role/LeasesTables Leases (Tables) Tables http://www.ipgphotonics.com/role/Leases 41 false false R42.htm 2371314 - Disclosure - Stock-Based Compensation (Tables) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationTables Stock-Based Compensation (Tables) Tables http://www.ipgphotonics.com/role/StockBasedCompensation 42 false false R43.htm 2382315 - Disclosure - Income Taxes (Tables) Sheet http://www.ipgphotonics.com/role/IncomeTaxesTables Income Taxes (Tables) Tables http://www.ipgphotonics.com/role/IncomeTaxes 43 false false R44.htm 2391316 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Tables) Sheet http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables Net Income Attributable To IPG Photonics Corporation Per Share (Tables) Tables http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShare 44 false false R45.htm 2398317 - Disclosure - Selected Quarterly Financial Data (Tables) Sheet http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataTables Selected Quarterly Financial Data (Tables) Tables http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataUnaudited 45 false false R46.htm 2404401 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Schedule of Cash, Cash Equivalents and Restricted Cash) (Details) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails Nature Of Business And Summary Of Significant Accounting Policies (Schedule of Cash, Cash Equivalents and Restricted Cash) (Details) Details http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables 46 false false R47.htm 2405402 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails Nature Of Business And Summary Of Significant Accounting Policies (Narrative) (Details) Details http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables 47 false false R48.htm 2406403 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Allowance For Doubtful Accounts) (Details) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails Nature Of Business And Summary Of Significant Accounting Policies (Allowance For Doubtful Accounts) (Details) Details http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables 48 false false R49.htm 2407404 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Economic Useful Lives Of Property, Plant And Equipment) (Details) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails Nature Of Business And Summary Of Significant Accounting Policies (Economic Useful Lives Of Property, Plant And Equipment) (Details) Details http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables 49 false false R50.htm 2408405 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Components Of Accumulated Other Comprehensive Loss) (Details) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails Nature Of Business And Summary Of Significant Accounting Policies (Components Of Accumulated Other Comprehensive Loss) (Details) Details http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables 50 false false R51.htm 2409406 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Cumulative Effect of Change to Balance Sheet) (Details) Sheet http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails Nature Of Business And Summary Of Significant Accounting Policies (Cumulative Effect of Change to Balance Sheet) (Details) Details http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables 51 false false R52.htm 2412407 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Application) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails Revenue From Contracts With Customers (Disaggregation of Revenue, By Application) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 52 false false R53.htm 2413408 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Product) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails Revenue From Contracts With Customers (Disaggregation of Revenue, By Product) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 53 false false R54.htm 2414409 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Geography) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails Revenue From Contracts With Customers (Disaggregation of Revenue, By Geography) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 54 false false R55.htm 2415410 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Timing) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails Revenue From Contracts With Customers (Disaggregation of Revenue, By Timing) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 55 false false R56.htm 2416411 - Disclosure - Revenue From Contracts With Customers (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails Revenue From Contracts With Customers (Narrative) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 56 false false R57.htm 2417412 - Disclosure - Revenue From Contracts With Customer (Changes in Contract Assets and Contract Liabilities) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails Revenue From Contracts With Customer (Changes in Contract Assets and Contract Liabilities) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 57 false false R58.htm 2418413 - Disclosure - Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details) Sheet http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details) Details http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables 58 false false R59.htm 2421414 - Disclosure - Fair Value Measurements (Assets and Liabilities Measured at Fair Value) (Details) Sheet http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails Fair Value Measurements (Assets and Liabilities Measured at Fair Value) (Details) Details http://www.ipgphotonics.com/role/FairValueMeasurementsTables 59 false false R60.htm 2422415 - Disclosure - Fair Value Measurements (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails Fair Value Measurements (Narrative) (Details) Details http://www.ipgphotonics.com/role/FairValueMeasurementsTables 60 false false R61.htm 2423416 - Disclosure - Fair Value Measurements (Fair Value of Auction Rate Securities and Contingent Purchase Consideration (Details) Sheet http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails Fair Value Measurements (Fair Value of Auction Rate Securities and Contingent Purchase Consideration (Details) Details http://www.ipgphotonics.com/role/FairValueMeasurementsTables 61 false false R62.htm 2424417 - Disclosure - Fair Value Measurements (Schedule of Effective Maturity Dates of Held To Maturity Investments) (Details) Sheet http://www.ipgphotonics.com/role/FairValueMeasurementsScheduleofEffectiveMaturityDatesofHeldToMaturityInvestmentsDetails Fair Value Measurements (Schedule of Effective Maturity Dates of Held To Maturity Investments) (Details) Details http://www.ipgphotonics.com/role/FairValueMeasurementsTables 62 false false R63.htm 2427418 - Disclosure - Inventories (Components Of Inventories) (Details) Sheet http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails Inventories (Components Of Inventories) (Details) Details http://www.ipgphotonics.com/role/InventoriesTables 63 false false R64.htm 2428419 - Disclosure - Inventories (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/InventoriesNarrativeDetails Inventories (Narrative) (Details) Details http://www.ipgphotonics.com/role/InventoriesTables 64 false false R65.htm 2431420 - Disclosure - Business Combinations (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails Business Combinations (Narrative) (Details) Details http://www.ipgphotonics.com/role/BusinessCombinationsTables 65 false false R66.htm 2432421 - Disclosure - Business Combinations (Assets Acquired and Liabilities Assumed) (Details) Sheet http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails Business Combinations (Assets Acquired and Liabilities Assumed) (Details) Details http://www.ipgphotonics.com/role/BusinessCombinationsTables 66 false false R67.htm 2435422 - Disclosure - Restructuring (Summary of Restructuring Accrual) (Details) Sheet http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails Restructuring (Summary of Restructuring Accrual) (Details) Details http://www.ipgphotonics.com/role/RestructuringTables 67 false false R68.htm 2438423 - Disclosure - Goodwill And Intangible Assets (Changes In The Carrying Amount Of Goodwill) (Details) Sheet http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails Goodwill And Intangible Assets (Changes In The Carrying Amount Of Goodwill) (Details) Details http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables 68 false false R69.htm 2439424 - Disclosure - Goodwill And Intangible Assets (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails Goodwill And Intangible Assets (Narrative) (Details) Details http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables 69 false false R70.htm 2440425 - Disclosure - Goodwill And Intangible Assets (Intangible Assets) (Details) Sheet http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails Goodwill And Intangible Assets (Intangible Assets) (Details) Details http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables 70 false false R71.htm 2441426 - Disclosure - Goodwill And Intangible Assets (Estimated Future Amortization Expense For Intangibles) (Details) Sheet http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails Goodwill And Intangible Assets (Estimated Future Amortization Expense For Intangibles) (Details) Details http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables 71 false false R72.htm 2444427 - Disclosure - Property, Plant And Equipment (Components Of Property, Plant, And Equipment) (Details) Sheet http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails Property, Plant And Equipment (Components Of Property, Plant, And Equipment) (Details) Details http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables 72 false false R73.htm 2445428 - Disclosure - Property, Plant And Equipment (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentNarrativeDetails Property, Plant And Equipment (Narrative) (Details) Details http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables 73 false false R74.htm 2446429 - Disclosure - Property, Plant And Equipment (Long-Lived Assets) (Details) Sheet http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails Property, Plant And Equipment (Long-Lived Assets) (Details) Details http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables 74 false false R75.htm 2449430 - Disclosure - Accrued Expenses And Other Liabilities (Components Of Accrued Expenses And Other Liabilities) (Details) Sheet http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails Accrued Expenses And Other Liabilities (Components Of Accrued Expenses And Other Liabilities) (Details) Details http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesTables 75 false false R76.htm 2452431 - Disclosure - Product Warranties (Summary of Product Warranty Activity) (Details) Sheet http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails Product Warranties (Summary of Product Warranty Activity) (Details) Details http://www.ipgphotonics.com/role/ProductWarrantiesTables 76 false false R77.htm 2453432 - Disclosure - Product Warranties (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/ProductWarrantiesNarrativeDetails Product Warranties (Narrative) (Details) Details http://www.ipgphotonics.com/role/ProductWarrantiesTables 77 false false R78.htm 2456433 - Disclosure - Financing Arrangements (Borrowings Under Existing Financing Arrangements) (Details) Sheet http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails Financing Arrangements (Borrowings Under Existing Financing Arrangements) (Details) Details http://www.ipgphotonics.com/role/FinancingArrangementsTables 78 false false R79.htm 2457434 - Disclosure - Financing Arrangements (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails Financing Arrangements (Narrative) (Details) Details http://www.ipgphotonics.com/role/FinancingArrangementsTables 79 false false R80.htm 2458435 - Disclosure - Financing Arrangements (2020 Future Principal Payments) (Details) Sheet http://www.ipgphotonics.com/role/FinancingArrangements2020FuturePrincipalPaymentsDetails Financing Arrangements (2020 Future Principal Payments) (Details) Details http://www.ipgphotonics.com/role/FinancingArrangementsTables 80 false false R81.htm 2461436 - Disclosure - Derivative Instruments (Fair Value) (Details) Sheet http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails Derivative Instruments (Fair Value) (Details) Details http://www.ipgphotonics.com/role/DerivativeInstrumentsTables 81 false false R82.htm 2462437 - Disclosure - Derivative Instruments (Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts) (Details) Sheet http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails Derivative Instruments (Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts) (Details) Details http://www.ipgphotonics.com/role/DerivativeInstrumentsTables 82 false false R83.htm 2465438 - Disclosure - Leases (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/LeasesNarrativeDetails Leases (Narrative) (Details) Details http://www.ipgphotonics.com/role/LeasesTables 83 false false R84.htm 2466439 - Disclosure - Leases (Lease Assets and Liabilities) (Details) Sheet http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails Leases (Lease Assets and Liabilities) (Details) Details http://www.ipgphotonics.com/role/LeasesTables 84 false false R85.htm 2467440 - Disclosure - Leases (Future Minimum Payments) (Details) Sheet http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails Leases (Future Minimum Payments) (Details) Details http://www.ipgphotonics.com/role/LeasesTables 85 false false R86.htm 2469441 - Disclosure - Commitments And Contingencies (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails Commitments And Contingencies (Narrative) (Details) Details http://www.ipgphotonics.com/role/CommitmentsAndContingencies 86 false false R87.htm 2472442 - Disclosure - Stock-Based Compensation (Components Of Stock Based Compensation) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails Stock-Based Compensation (Components Of Stock Based Compensation) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 87 false false R88.htm 2473443 - Disclosure - Stock-Based Compensation (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails Stock-Based Compensation (Narrative) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 88 false false R89.htm 2474444 - Disclosure - Stock-Based Compensation (Weighted-Average Assumptions-Options) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails Stock-Based Compensation (Weighted-Average Assumptions-Options) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 89 false false R90.htm 2475445 - Disclosure - Stock-Based Compensation (Summary Of Option Activity) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails Stock-Based Compensation (Summary Of Option Activity) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 90 false false R91.htm 2476446 - Disclosure - Stock-Based Compensation (Summary of Restricted Stock Unit Activity) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails Stock-Based Compensation (Summary of Restricted Stock Unit Activity) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 91 false false R92.htm 2477447 - Disclosure - Stock-Based Compensation (Weighted-Average Assumptions-PSUs) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails Stock-Based Compensation (Weighted-Average Assumptions-PSUs) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 92 false false R93.htm 2478448 - Disclosure - Stock-Based Compensation (Summary of Performance Stock Unit Activity) (Details) Sheet http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails Stock-Based Compensation (Summary of Performance Stock Unit Activity) (Details) Details http://www.ipgphotonics.com/role/StockBasedCompensationTables 93 false false R94.htm 2480449 - Disclosure - Employee Benefit Plans (Details) Sheet http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails Employee Benefit Plans (Details) Details http://www.ipgphotonics.com/role/EmployeeBenefitPlans 94 false false R95.htm 2483450 - Disclosure - Income Taxes (Income Before Impact Of Income Taxes) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails Income Taxes (Income Before Impact Of Income Taxes) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 95 false false R96.htm 2484451 - Disclosure - Income Taxes (Provision For Income Taxes) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails Income Taxes (Provision For Income Taxes) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 96 false false R97.htm 2485452 - Disclosure - Income Taxes (Reconciliation Of Effective Tax Rate) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails Income Taxes (Reconciliation Of Effective Tax Rate) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 97 false false R98.htm 2486453 - Disclosure - Income Taxes (Deferred Tax Assets And Liabilities) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails Income Taxes (Deferred Tax Assets And Liabilities) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 98 false false R99.htm 2487454 - Disclosure - Income Taxes (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails Income Taxes (Narrative) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 99 false false R100.htm 2488455 - Disclosure - Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 100 false false R101.htm 2489456 - Disclosure - Income Taxes (Open Tax Years By Major Jurisdictions) (Details) Sheet http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails Income Taxes (Open Tax Years By Major Jurisdictions) (Details) Details http://www.ipgphotonics.com/role/IncomeTaxesTables 101 false false R102.htm 2492457 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Computation Diluted Net Income Per Share) (Details) Sheet http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails Net Income Attributable To IPG Photonics Corporation Per Share (Computation Diluted Net Income Per Share) (Details) Details http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables 102 false false R103.htm 2493458 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Anti Dilutive Shares Excluded From EPS) (Details) Sheet http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails Net Income Attributable To IPG Photonics Corporation Per Share (Anti Dilutive Shares Excluded From EPS) (Details) Details http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables 103 false false R104.htm 2494459 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails Net Income Attributable To IPG Photonics Corporation Per Share (Narrative) (Details) Details http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables 104 false false R105.htm 2496460 - Disclosure - Related-Party Transactions (Narrative) (Details) Sheet http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails Related-Party Transactions (Narrative) (Details) Details http://www.ipgphotonics.com/role/RelatedPartyTransactions 105 false false R106.htm 2499461 - Disclosure - Selected Quarterly Financial Data (Components Of Selected Quarterly Financial Data) (Details) Sheet http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails Selected Quarterly Financial Data (Components Of Selected Quarterly Financial Data) (Details) Details http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataTables 106 false false All Reports Book All Reports ipgp-20201231.htm ex211q42020.htm ex231q42020.htm ex311q42020.htm ex312q42020.htm ex321q42020.htm ipgp-20201231.xsd ipgp-20201231_cal.xml ipgp-20201231_def.xml ipgp-20201231_lab.xml ipgp-20201231_pre.xml ipgp-20201231_g1.jpg ipgp-20201231_g2.jpg http://xbrl.sec.gov/dei/2020-01-31 http://fasb.org/srt/2020-01-31 http://fasb.org/us-gaap/2020-01-31 http://xbrl.sec.gov/country/2020-01-31 true true JSON 127 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "ipgp-20201231.htm": { "axisCustom": 0, "axisStandard": 39, "contextCount": 419, "dts": { "calculationLink": { "local": [ "ipgp-20201231_cal.xml" ] }, "definitionLink": { "local": [ "ipgp-20201231_def.xml" ], "remote": [ "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-eedm-def-2020-01-31.xml", "http://xbrl.fasb.org/srt/2020/elts/srt-eedm1-def-2020-01-31.xml" ] }, "inline": { "local": [ "ipgp-20201231.htm" ] }, "labelLink": { "local": [ "ipgp-20201231_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml", "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-doc-2020-01-31.xml" ] }, "presentationLink": { "local": [ "ipgp-20201231_pre.xml" ] }, "referenceLink": { "remote": [ "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-ref-2020-01-31.xml", "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml" ] }, "schema": { "local": [ "ipgp-20201231.xsd" ], "remote": [ "http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-roles-2020-01-31.xsd", "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd", "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-parts-codification-2020-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 805, "entityCount": 1, "hidden": { "http://fasb.org/us-gaap/2020-01-31": 19, "http://www.ipgphotonics.com/20201231": 1, "http://xbrl.sec.gov/dei/2020-01-31": 4, "total": 24 }, "keyCustom": 61, "keyStandard": 506, "memberCustom": 43, "memberStandard": 69, "nsprefix": "ipgp", "nsuri": "http://www.ipgphotonics.com/20201231", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "0001001 - Document - Cover Page", "role": "http://www.ipgphotonics.com/role/CoverPage", "shortName": "Cover Page", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2119103 - Disclosure - Fair Value Measurements", "role": "http://www.ipgphotonics.com/role/FairValueMeasurements", "shortName": "Fair Value Measurements", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueDisclosuresTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R100": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i978b56674f07493fb476848fe109a4bf_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:UnrecognizedTaxBenefits", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2488455 - Disclosure - Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails", "shortName": "Income Taxes (Reconciliation Of Unrecognized Tax Benefits) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ic00045807d9e486f8a2ac46668cb9281_I20181231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:UnrecognizedTaxBenefits", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R101": { "firstAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ieb9379c7b1fb4c34bfc3c51dd116ebcd_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OpenTaxYear", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2489456 - Disclosure - Income Taxes (Open Tax Years By Major Jurisdictions) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "shortName": "Income Taxes (Open Tax Years By Major Jurisdictions) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ieb9379c7b1fb4c34bfc3c51dd116ebcd_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:OpenTaxYear", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R102": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2492457 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Computation Diluted Net Income Per Share) (Details)", "role": "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails", "shortName": "Net Income Attributable To IPG Photonics Corporation Per Share (Computation Diluted Net Income Per Share) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R103": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "0", "first": true, "lang": "en-US", "name": "us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2493458 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Anti Dilutive Shares Excluded From EPS) (Details)", "role": "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails", "shortName": "Net Income Attributable To IPG Photonics Corporation Per Share (Anti Dilutive Shares Excluded From EPS) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "0", "first": true, "lang": "en-US", "name": "us-gaap:AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R104": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:StockRepurchasedDuringPeriodShares", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2494459 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails", "shortName": "Net Income Attributable To IPG Photonics Corporation Per Share (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:StockRepurchasedDuringPeriodShares", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R105": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:OperatingLeaseExpense", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2496460 - Disclosure - Related-Party Transactions (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails", "shortName": "Related-Party Transactions (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "ix:continuation", "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "if4ee838fe4034e6dab252114cbb1607e_D20170701-20170731", "decimals": "INF", "lang": "en-US", "name": "ipgp:PropertySubjecttoorAvailableforOperatingLeasePercentageofProperty", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R106": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2499461 - Disclosure - Selected Quarterly Financial Data (Components Of Selected Quarterly Financial Data) (Details)", "role": "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails", "shortName": "Selected Quarterly Financial Data (Components Of Selected Quarterly Financial Data) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:GrossProfit", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R11": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InventoryDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2125104 - Disclosure - Inventories", "role": "http://www.ipgphotonics.com/role/Inventories", "shortName": "Inventories", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:InventoryDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessCombinationDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2129105 - Disclosure - Business Combinations", "role": "http://www.ipgphotonics.com/role/BusinessCombinations", "shortName": "Business Combinations", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessCombinationDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R13": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RestructuringAndRelatedActivitiesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2133106 - Disclosure - Restructuring", "role": "http://www.ipgphotonics.com/role/Restructuring", "shortName": "Restructuring", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RestructuringAndRelatedActivitiesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2136107 - Disclosure - Goodwill And Intangible Assets", "role": "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssets", "shortName": "Goodwill And Intangible Assets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:GoodwillAndIntangibleAssetsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2142108 - Disclosure - Property, Plant And Equipment", "role": "http://www.ipgphotonics.com/role/PropertyPlantAndEquipment", "shortName": "Property, Plant And Equipment", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2147109 - Disclosure - Accrued Expenses And Other Liabilities", "role": "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilities", "shortName": "Accrued Expenses And Other Liabilities", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ProductWarrantyDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2150110 - Disclosure - Product Warranties", "role": "http://www.ipgphotonics.com/role/ProductWarranties", "shortName": "Product Warranties", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ProductWarrantyDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2154111 - Disclosure - Financing Arrangements", "role": "http://www.ipgphotonics.com/role/FinancingArrangements", "shortName": "Financing Arrangements", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DebtDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2159112 - Disclosure - Derivative Instruments", "role": "http://www.ipgphotonics.com/role/DerivativeInstruments", "shortName": "Derivative Instruments", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock", "us-gaap:ScheduleOfCashAndCashEquivalentsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CashAndCashEquivalentsAtCarryingValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1001002 - Statement - Consolidated Balance Sheets", "role": "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "shortName": "Consolidated Balance Sheets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:ShortTermInvestments", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LesseeOperatingLeasesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2163113 - Disclosure - Leases", "role": "http://www.ipgphotonics.com/role/Leases", "shortName": "Leases", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:LesseeOperatingLeasesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2168114 - Disclosure - Commitments And Contingencies", "role": "http://www.ipgphotonics.com/role/CommitmentsAndContingencies", "shortName": "Commitments And Contingencies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R22": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2170115 - Disclosure - Stock-Based Compensation", "role": "http://www.ipgphotonics.com/role/StockBasedCompensation", "shortName": "Stock-Based Compensation", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CompensationAndEmployeeBenefitPlansTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2179116 - Disclosure - Employee Benefit Plans", "role": "http://www.ipgphotonics.com/role/EmployeeBenefitPlans", "shortName": "Employee Benefit Plans", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CompensationAndEmployeeBenefitPlansTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R24": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2181117 - Disclosure - Income Taxes", "role": "http://www.ipgphotonics.com/role/IncomeTaxes", "shortName": "Income Taxes", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R25": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2190118 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share", "role": "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShare", "shortName": "Net Income Attributable To IPG Photonics Corporation Per Share", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:EarningsPerShareTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2195119 - Disclosure - Related-Party Transactions", "role": "http://www.ipgphotonics.com/role/RelatedPartyTransactions", "shortName": "Related-Party Transactions", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:QuarterlyFinancialInformationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2197120 - Disclosure - Selected Quarterly Financial Data (Unaudited)", "role": "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataUnaudited", "shortName": "Selected Quarterly Financial Data (Unaudited)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:QuarterlyFinancialInformationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ConsolidationPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2202201 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Policy)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Policy)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ConsolidationPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "us-gaap:ScheduleOfCashAndCashEquivalentsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2303301 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Tables)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:ScheduleOfCashAndCashEquivalentsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R3": { "firstAnchor": { "ancestors": [ "us-gaap:CommonStockParOrStatedValuePerShare", "span", "div", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:CommonStockParOrStatedValuePerShare", "reportCount": 1, "unitRef": "usdPerShare", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1002003 - Statement - Consolidated Balance Sheets (Parenthetical)", "role": "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical", "shortName": "Consolidated Balance Sheets (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "INF", "lang": "en-US", "name": "us-gaap:CommonStockSharesIssued", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R30": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisaggregationOfRevenueTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2311302 - Disclosure - Revenue From Contracts With Customers (Tables)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables", "shortName": "Revenue From Contracts With Customers (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:DisaggregationOfRevenueTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R31": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2320303 - Disclosure - Fair Value Measurements (Tables)", "role": "http://www.ipgphotonics.com/role/FairValueMeasurementsTables", "shortName": "Fair Value Measurements (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R32": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfInventoryCurrentTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2326304 - Disclosure - Inventories (Tables)", "role": "http://www.ipgphotonics.com/role/InventoriesTables", "shortName": "Inventories (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfInventoryCurrentTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R33": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2330305 - Disclosure - Business Combinations (Tables)", "role": "http://www.ipgphotonics.com/role/BusinessCombinationsTables", "shortName": "Business Combinations (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R34": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRestructuringAndRelatedCostsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2334306 - Disclosure - Restructuring (Tables)", "role": "http://www.ipgphotonics.com/role/RestructuringTables", "shortName": "Restructuring (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfRestructuringAndRelatedCostsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R35": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfGoodwillTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2337307 - Disclosure - Goodwill And Intangible Assets (Tables)", "role": "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables", "shortName": "Goodwill And Intangible Assets (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfGoodwillTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R36": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "ipgp:ComponentsOfPropertyPlantAndEquipmentTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2343308 - Disclosure - Property, Plant And Equipment (Tables)", "role": "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables", "shortName": "Property, Plant And Equipment (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "ipgp:ComponentsOfPropertyPlantAndEquipmentTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R37": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2348309 - Disclosure - Accrued Expenses And Other Liabilities (Tables)", "role": "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesTables", "shortName": "Accrued Expenses And Other Liabilities (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R38": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2351310 - Disclosure - Product Warranties (Tables)", "role": "http://www.ipgphotonics.com/role/ProductWarrantiesTables", "shortName": "Product Warranties (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R39": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtInstrumentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2355311 - Disclosure - Financing Arrangements (Tables)", "role": "http://www.ipgphotonics.com/role/FinancingArrangementsTables", "shortName": "Financing Arrangements (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDebtInstrumentsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1003004 - Statement - Consolidated Statements Of Income", "role": "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "shortName": "Consolidated Statements Of Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:CostOfRevenue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R40": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2360312 - Disclosure - Derivative Instruments (Tables)", "role": "http://www.ipgphotonics.com/role/DerivativeInstrumentsTables", "shortName": "Derivative Instruments (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R41": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "ipgp:AssetsAndLiabilitiesLesseeTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2364313 - Disclosure - Leases (Tables)", "role": "http://www.ipgphotonics.com/role/LeasesTables", "shortName": "Leases (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "ipgp:AssetsAndLiabilitiesLesseeTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R42": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2371314 - Disclosure - Stock-Based Compensation (Tables)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationTables", "shortName": "Stock-Based Compensation (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R43": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2382315 - Disclosure - Income Taxes (Tables)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesTables", "shortName": "Income Taxes (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R44": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2391316 - Disclosure - Net Income Attributable To IPG Photonics Corporation Per Share (Tables)", "role": "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables", "shortName": "Net Income Attributable To IPG Photonics Corporation Per Share (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R45": { "firstAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2398317 - Disclosure - Selected Quarterly Financial Data (Tables)", "role": "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataTables", "shortName": "Selected Quarterly Financial Data (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R46": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfRestrictedCashAndCashEquivalentsTextBlock", "us-gaap:ScheduleOfCashAndCashEquivalentsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CashAndCashEquivalentsAtCarryingValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2404401 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Schedule of Cash, Cash Equivalents and Restricted Cash) (Details)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Schedule of Cash, Cash Equivalents and Restricted Cash) (Details)", "subGroupType": "details", "uniqueAnchor": null }, "R47": { "firstAnchor": { "ancestors": [ "span", "us-gaap:TradeAndOtherAccountsReceivablePolicy", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:BankAcceptancesExecuted", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2405402 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "us-gaap:TradeAndOtherAccountsReceivablePolicy", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:BankAcceptancesExecuted", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R48": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ipgp:ScheduleOfAllowanceForDoubtfulAccountsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i978b56674f07493fb476848fe109a4bf_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2406403 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Allowance For Doubtful Accounts) (Details)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Allowance For Doubtful Accounts) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ipgp:ScheduleOfAllowanceForDoubtfulAccountsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ia42d2614e7fb4ce584bc64c21ae96135_I20171231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R49": { "firstAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i2ffbd87040514d4493cb9be6baf4a42e_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentUsefulLife", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2407404 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Economic Useful Lives Of Property, Plant And Equipment) (Details)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Economic Useful Lives Of Property, Plant And Equipment) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i2ffbd87040514d4493cb9be6baf4a42e_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentUsefulLife", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R5": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ProfitLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1004005 - Statement - Consolidated Statements Of Comprehensive Income", "role": "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome", "shortName": "Consolidated Statements Of Comprehensive Income", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "ipgp:OtherComprehensiveIncomeLossAdoptionOfNewAccountingPronouncementAdjustmentNetOfTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R50": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2408405 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Components Of Accumulated Other Comprehensive Loss) (Details)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Components Of Accumulated Other Comprehensive Loss) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "div", "us-gaap:ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "lang": "en-US", "name": "ipgp:AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R51": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AccountsReceivableNetCurrent", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2409406 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies (Cumulative Effect of Change to Balance Sheet) (Details)", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies (Cumulative Effect of Change to Balance Sheet) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "us-gaap:NewAccountingPronouncementsPolicyPolicyTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i409203f00aa847349c6803334198af65_I20191231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:AccountsReceivableNetCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R52": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2412407 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Application) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails", "shortName": "Revenue From Contracts With Customers (Disaggregation of Revenue, By Application) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i18dbc36424dc4350bb110aeea8d80119_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R53": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2413408 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Product) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails", "shortName": "Revenue From Contracts With Customers (Disaggregation of Revenue, By Product) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ib426e81068914d9fa9223af5f472f295_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R54": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2414409 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Geography) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails", "shortName": "Revenue From Contracts With Customers (Disaggregation of Revenue, By Geography) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ic732937653b6495596930fd2fef86870_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R55": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfQuarterlyFinancialInformationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i7cdd7dede88a40d7a3efba1b593fee3e_D20201001-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2415410 - Disclosure - Revenue From Contracts With Customers (Disaggregation of Revenue, By Timing) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "shortName": "Revenue From Contracts With Customers (Disaggregation of Revenue, By Timing) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i80d7d1c13ba14a28968cd42100568688_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R56": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ContractWithCustomerLiabilityRevenueRecognized", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2416411 - Disclosure - Revenue From Contracts With Customers (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails", "shortName": "Revenue From Contracts With Customers (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ContractWithCustomerLiabilityRevenueRecognized", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R57": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ContractWithCustomerAssetAndLiabilityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ContractWithCustomerAssetNetCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2417412 - Disclosure - Revenue From Contracts With Customer (Changes in Contract Assets and Contract Liabilities) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails", "shortName": "Revenue From Contracts With Customer (Changes in Contract Assets and Contract Liabilities) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ContractWithCustomerAssetAndLiabilityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ContractWithCustomerAssetNetCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R58": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueRemainingPerformanceObligation", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2418413 - Disclosure - Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details)", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails", "shortName": "Revenue From Contracts With Customers (Schedule of Remaining Performance Obligations) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RevenueRemainingPerformanceObligation", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R59": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2421414 - Disclosure - Fair Value Measurements (Assets and Liabilities Measured at Fair Value) (Details)", "role": "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails", "shortName": "Fair Value Measurements (Assets and Liabilities Measured at Fair Value) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i10e7db5057ba43948e6e800367fedeeb_I20171231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:SharesIssued", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1005006 - Statement - Consolidated Statements Of Equity", "role": "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "shortName": "Consolidated Statements Of Equity", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i10e7db5057ba43948e6e800367fedeeb_I20171231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:SharesIssued", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R60": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2422415 - Disclosure - Fair Value Measurements (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails", "shortName": "Fair Value Measurements (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R61": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i10653bbd23c94ea9a7a36aba94aa8cdb_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2423416 - Disclosure - Fair Value Measurements (Fair Value of Auction Rate Securities and Contingent Purchase Consideration (Details)", "role": "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails", "shortName": "Fair Value Measurements (Fair Value of Auction Rate Securities and Contingent Purchase Consideration (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "us-gaap:FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ica1f9639f01241598bc91b3078c0cbe8_I20171231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R62": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:HeldToMaturitySecuritiesTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2424417 - Disclosure - Fair Value Measurements (Schedule of Effective Maturity Dates of Held To Maturity Investments) (Details)", "role": "http://www.ipgphotonics.com/role/FairValueMeasurementsScheduleofEffectiveMaturityDatesofHeldToMaturityInvestmentsDetails", "shortName": "Fair Value Measurements (Schedule of Effective Maturity Dates of Held To Maturity Investments) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:HeldToMaturitySecuritiesTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R63": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfInventoryCurrentTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:InventoryRawMaterialsNetOfReserves", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2427418 - Disclosure - Inventories (Components Of Inventories) (Details)", "role": "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails", "shortName": "Inventories (Components Of Inventories) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfInventoryCurrentTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:InventoryRawMaterialsNetOfReserves", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R64": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:InventoryWriteDown", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2428419 - Disclosure - Inventories (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/InventoriesNarrativeDetails", "shortName": "Inventories (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:InventoryWriteDown", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R65": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfGoodwillTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:GoodwillAcquiredDuringPeriod", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2431420 - Disclosure - Business Combinations (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "shortName": "Business Combinations (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i4943ff3c2a4e4f178f712bd6f39317b1_D20201001-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:BusinessCombinationConsiderationTransferred1", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R66": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:Goodwill", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2432421 - Disclosure - Business Combinations (Assets Acquired and Liabilities Assumed) (Details)", "role": "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "shortName": "Business Combinations (Assets Acquired and Liabilities Assumed) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i219c387230e24d65afb705d8dfab449c_I20181231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R67": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfRestructuringAndRelatedCostsTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i978b56674f07493fb476848fe109a4bf_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RestructuringReserve", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2435422 - Disclosure - Restructuring (Summary of Restructuring Accrual) (Details)", "role": "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails", "shortName": "Restructuring (Summary of Restructuring Accrual) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfRestructuringAndRelatedCostsTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ic00045807d9e486f8a2ac46668cb9281_I20181231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:RestructuringReserve", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R68": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i978b56674f07493fb476848fe109a4bf_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:Goodwill", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2438423 - Disclosure - Goodwill And Intangible Assets (Changes In The Carrying Amount Of Goodwill) (Details)", "role": "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails", "shortName": "Goodwill And Intangible Assets (Changes In The Carrying Amount Of Goodwill) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfGoodwillTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:GoodwillPurchaseAccountingAdjustments", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R69": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i79f1f4cd381f488b8f2a50de27cee3ec_D20200701-20200930", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:GoodwillImpairmentLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2439424 - Disclosure - Goodwill And Intangible Assets (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails", "shortName": "Goodwill And Intangible Assets (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:GoodwillImpairedAccumulatedImpairmentLoss", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ProfitLoss", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "1006007 - Statement - Consolidated Statements Of Cash Flows", "role": "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows", "shortName": "Consolidated Statements Of Cash Flows", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:DepreciationDepletionAndAmortization", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R70": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:FiniteLivedIntangibleAssetsGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2440425 - Disclosure - Goodwill And Intangible Assets (Intangible Assets) (Details)", "role": "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails", "shortName": "Goodwill And Intangible Assets (Intangible Assets) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:FiniteLivedIntangibleAssetsGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R71": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2441426 - Disclosure - Goodwill And Intangible Assets (Estimated Future Amortization Expense For Intangibles) (Details)", "role": "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails", "shortName": "Goodwill And Intangible Assets (Estimated Future Amortization Expense For Intangibles) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R72": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ipgp:ComponentsOfPropertyPlantAndEquipmentTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2444427 - Disclosure - Property, Plant And Equipment (Components Of Property, Plant, And Equipment) (Details)", "role": "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails", "shortName": "Property, Plant And Equipment (Components Of Property, Plant, And Equipment) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ipgp:ComponentsOfPropertyPlantAndEquipmentTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:PropertyPlantAndEquipmentGross", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R73": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:Depreciation", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2445428 - Disclosure - Property, Plant And Equipment (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentNarrativeDetails", "shortName": "Property, Plant And Equipment (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:Depreciation", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R74": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:LongLivedAssetsByGeographicAreasTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:NoncurrentAssets", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2446429 - Disclosure - Property, Plant And Equipment (Long-Lived Assets) (Details)", "role": "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails", "shortName": "Property, Plant And Equipment (Long-Lived Assets) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:LongLivedAssetsByGeographicAreasTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i5ed3b96e3e764273a0f6967beb9e6918_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:NoncurrentAssets", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R75": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ContractWithCustomerLiabilityCurrent", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2449430 - Disclosure - Accrued Expenses And Other Liabilities (Components Of Accrued Expenses And Other Liabilities) (Details)", "role": "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails", "shortName": "Accrued Expenses And Other Liabilities (Components Of Accrued Expenses And Other Liabilities) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:EmployeeRelatedLiabilitiesCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R76": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i978b56674f07493fb476848fe109a4bf_I20191231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ProductWarrantyAccrual", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2452431 - Disclosure - Product Warranties (Summary of Product Warranty Activity) (Details)", "role": "http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails", "shortName": "Product Warranties (Summary of Product Warranty Activity) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfProductWarrantyLiabilityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ia42d2614e7fb4ce584bc64c21ae96135_I20171231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:ProductWarrantyAccrual", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R77": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfAccruedLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:ProductWarrantyAccrualClassifiedCurrent", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2453432 - Disclosure - Product Warranties (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/ProductWarrantiesNarrativeDetails", "shortName": "Product Warranties (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:ProductWarrantyAccrualNoncurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R78": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebt", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2456433 - Disclosure - Financing Arrangements (Borrowings Under Existing Financing Arrangements) (Details)", "role": "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails", "shortName": "Financing Arrangements (Borrowings Under Existing Financing Arrangements) (Details)", "subGroupType": "details", "uniqueAnchor": null }, "R79": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebt", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2457434 - Disclosure - Financing Arrangements (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails", "shortName": "Financing Arrangements (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i82b56bb7e4d94babb4ed4f7ee1e240fe_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:LongTermDebtCurrent", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R8": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessDescriptionAndAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2101101 - Disclosure - Nature Of Business And Summary Of Significant Accounting Policies", "role": "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPolicies", "shortName": "Nature Of Business And Summary Of Significant Accounting Policies", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessDescriptionAndAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R80": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2458435 - Disclosure - Financing Arrangements (2020 Future Principal Payments) (Details)", "role": "http://www.ipgphotonics.com/role/FinancingArrangements2020FuturePrincipalPaymentsDetails", "shortName": "Financing Arrangements (2020 Future Principal Payments) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R81": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ib7754e7e8a6c41f49f003ac2189cded1_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeNotionalAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2461436 - Disclosure - Derivative Instruments (Fair Value) (Details)", "role": "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails", "shortName": "Derivative Instruments (Fair Value) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ib7754e7e8a6c41f49f003ac2189cded1_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DerivativeNotionalAmount", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R82": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i0f4d0175125f4f62a3c8609f81fc9b5b_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2462437 - Disclosure - Derivative Instruments (Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts) (Details)", "role": "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "shortName": "Derivative Instruments (Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i0f4d0175125f4f62a3c8609f81fc9b5b_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R83": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:OperatingLeaseExpense", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2465438 - Disclosure - Leases (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/LeasesNarrativeDetails", "shortName": "Leases (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ia0571ec5106a4c939f321a7154e297f6_D20180101-20181231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:LeaseAndRentalExpense", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R84": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ipgp:AssetsAndLiabilitiesLesseeTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:OperatingLeaseRightOfUseAsset", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2466439 - Disclosure - Leases (Lease Assets and Liabilities) (Details)", "role": "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails", "shortName": "Leases (Lease Assets and Liabilities) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ipgp:AssetsAndLiabilitiesLesseeTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:OperatingLeaseRightOfUseAsset", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R85": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2467440 - Disclosure - Leases (Future Minimum Payments) (Details)", "role": "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails", "shortName": "Leases (Future Minimum Payments) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R86": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RecordedUnconditionalPurchaseObligation", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2469441 - Disclosure - Commitments And Contingencies (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails", "shortName": "Commitments And Contingencies (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:RecordedUnconditionalPurchaseObligation", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R87": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AllocatedShareBasedCompensationExpense", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2472442 - Disclosure - Stock-Based Compensation (Components Of Stock Based Compensation) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails", "shortName": "Stock-Based Compensation (Components Of Stock Based Compensation) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfShareBasedCompensationActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:AllocatedShareBasedCompensationExpense", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R88": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "ipgp:SharebasedCompensationArrangementbySharebasedPaymentAwardEmploymentTerminationPeriod", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2473443 - Disclosure - Stock-Based Compensation (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "shortName": "Stock-Based Compensation (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "ipgp:SharebasedCompensationArrangementbySharebasedPaymentAwardEmploymentTerminationPeriod", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R89": { "firstAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "if0180c1c429944dba5df8fe0aaaec656_D20190101-20191231", "decimals": "2", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum", "reportCount": 1, "unitRef": "number", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2474444 - Disclosure - Stock-Based Compensation (Weighted-Average Assumptions-Options) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "shortName": "Stock-Based Compensation (Weighted-Average Assumptions-Options) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "if0180c1c429944dba5df8fe0aaaec656_D20190101-20191231", "decimals": "4", "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum", "reportCount": 1, "unique": true, "unitRef": "number", "xsiNil": "false" } }, "R9": { "firstAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2110102 - Disclosure - Revenue From Contracts With Customers", "role": "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomers", "shortName": "Revenue From Contracts With Customers", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RevenueFromContractWithCustomerTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R90": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i978b56674f07493fb476848fe109a4bf_I20191231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber", "reportCount": 1, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2475445 - Disclosure - Stock-Based Compensation (Summary Of Option Activity) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails", "shortName": "Stock-Based Compensation (Summary Of Option Activity) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ia42d2614e7fb4ce584bc64c21ae96135_I20171231", "decimals": "INF", "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R91": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i115a0610ea33404190ca0c7097e83249_I20191231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2476446 - Disclosure - Stock-Based Compensation (Summary of Restricted Stock Unit Activity) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails", "shortName": "Stock-Based Compensation (Summary of Restricted Stock Unit Activity) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i0319b1ffd2f3448dbfeff20dd6c8a386_I20171231", "decimals": "INF", "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R92": { "firstAnchor": { "ancestors": [ "span", "div", "td", "tr", "table", "ix:continuation", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "if0180c1c429944dba5df8fe0aaaec656_D20190101-20191231", "decimals": "2", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum", "reportCount": 1, "unitRef": "number", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2477447 - Disclosure - Stock-Based Compensation (Weighted-Average Assumptions-PSUs) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails", "shortName": "Stock-Based Compensation (Weighted-Average Assumptions-PSUs) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "ix:continuation", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ie8a0048ec9ba4330b01b49d5af214527_D20200101-20201231", "decimals": null, "lang": "en-US", "name": "us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R93": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i4c265b8d95354975b39349b02604adb6_I20191231", "decimals": "INF", "first": true, "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unitRef": "shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2478448 - Disclosure - Stock-Based Compensation (Summary of Performance Stock Unit Activity) (Details)", "role": "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "shortName": "Stock-Based Compensation (Summary of Performance Stock Unit Activity) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ib64606631490476f9de2c8197fcfec9f_I20171231", "decimals": "INF", "lang": "en-US", "name": "us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "reportCount": 1, "unique": true, "unitRef": "shares", "xsiNil": "false" } }, "R94": { "firstAnchor": { "ancestors": [ "ix:continuation", "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DefinedContributionPlanCostRecognized", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2480449 - Disclosure - Employee Benefit Plans (Details)", "role": "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails", "shortName": "Employee Benefit Plans (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "ix:continuation", "span", "div", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DefinedContributionPlanCostRecognized", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R95": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2483450 - Disclosure - Income Taxes (Income Before Impact Of Income Taxes) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails", "shortName": "Income Taxes (Income Before Impact Of Income Taxes) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R96": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CurrentFederalTaxExpenseBenefit", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2484451 - Disclosure - Income Taxes (Provision For Income Taxes) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails", "shortName": "Income Taxes (Provision For Income Taxes) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:CurrentFederalTaxExpenseBenefit", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R97": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2485452 - Disclosure - Income Taxes (Reconciliation Of Effective Tax Rate) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails", "shortName": "Income Taxes (Reconciliation Of Effective Tax Rate) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "i1ee699a94e704219bb66a515262e8df3_D20200101-20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R98": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DeferredTaxAssetsInventory", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2486453 - Disclosure - Income Taxes (Deferred Tax Assets And Liabilities) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails", "shortName": "Income Taxes (Deferred Tax Assets And Liabilities) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "div", "us-gaap:ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "us-gaap:DeferredTaxAssetsInventory", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } }, "R99": { "firstAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "first": true, "lang": "en-US", "name": "ipgp:DeferredTaxLiabilitiesWithholdingandDividendTaxForeign", "reportCount": 1, "unitRef": "usd", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "2487454 - Disclosure - Income Taxes (Narrative) (Details)", "role": "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails", "shortName": "Income Taxes (Narrative) (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "div", "ix:continuation", "body", "html" ], "baseRef": "ipgp-20201231.htm", "contextRef": "ifbed969569f2463b8c723cdea0a27e53_I20201231", "decimals": "-3", "lang": "en-US", "name": "us-gaap:UndistributedEarningsOfForeignSubsidiaries", "reportCount": 1, "unique": true, "unitRef": "usd", "xsiNil": "false" } } }, "segmentCount": 121, "tag": { "country_BY": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "BELARUS", "terseLabel": "Belarus" } } }, "localname": "BY", "nsuri": "http://xbrl.sec.gov/country/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "domainItemType" }, "country_CN": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "CHINA", "terseLabel": "China" } } }, "localname": "CN", "nsuri": "http://xbrl.sec.gov/country/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "country_DE": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "GERMANY", "terseLabel": "Germany" } } }, "localname": "DE", "nsuri": "http://xbrl.sec.gov/country/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "country_JP": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "JAPAN", "terseLabel": "Japan" } } }, "localname": "JP", "nsuri": "http://xbrl.sec.gov/country/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "country_RU": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "RUSSIAN FEDERATION", "terseLabel": "Russia" } } }, "localname": "RU", "nsuri": "http://xbrl.sec.gov/country/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "domainItemType" }, "country_US": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "UNITED STATES", "terseLabel": "United States" } } }, "localname": "US", "nsuri": "http://xbrl.sec.gov/country/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "domainItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "verboseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date", "verboseLabel": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r749", "r750", "r751" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report", "terseLabel": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus", "verboseLabel": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus", "verboseLabel": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date", "verboseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "dateItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r752" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report", "terseLabel": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "verboseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r747" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]", "terseLabel": "Documents Incorporated by Reference" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One", "terseLabel": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town", "terseLabel": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code", "terseLabel": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province", "terseLabel": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "verboseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding", "verboseLabel": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status", "verboseLabel": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "verboseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category", "verboseLabel": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code", "terseLabel": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r754" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current", "terseLabel": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "yesNoItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float", "verboseLabel": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "verboseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company", "terseLabel": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business", "verboseLabel": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r753" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers", "verboseLabel": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer", "verboseLabel": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "yesNoItemType" }, "dei_IcfrAuditorAttestationFlag": { "auth_ref": [ "r749", "r750", "r751" ], "lang": { "en-us": { "role": { "label": "ICFR Auditor Attestation Flag", "terseLabel": "ICFR Auditor Attestation Flag" } } }, "localname": "IcfrAuditorAttestationFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "booleanItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "normalizedStringItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r746" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r748" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CoverPage" ], "xbrltype": "tradingSymbolItemType" }, "ipgp_AccountsReceivableAllowanceForCreditLossCurrentCECLAdjustedBalance": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Accounts Receivable, Allowance for Credit Loss, Current, CECL Adjusted Balance", "label": "Accounts Receivable, Allowance for Credit Loss, Current, CECL Adjusted Balance", "periodStartLabel": "Balance at January\u00a01" } } }, "localname": "AccountsReceivableAllowanceForCreditLossCurrentCECLAdjustedBalance", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectTax": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) From Cash Flow Hedges, Effect, Tax", "label": "Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) From Cash Flow Hedges, Effect, Tax", "terseLabel": "Accumulated other comprehensive income (loss), cumulative changes in net gain (loss) from cash flow hedges, effect, tax" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectTax", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_Aircraft2017LeaseMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Aircraft, 2017 Lease [Member]", "label": "Aircraft, 2017 Lease [Member]", "verboseLabel": "Aircraft, 2017 Lease" } } }, "localname": "Aircraft2017LeaseMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_AircraftLeasedMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Aircraft, Leased [Member]", "label": "Aircraft, Leased [Member]", "verboseLabel": "Aircraft, Leased" } } }, "localname": "AircraftLeasedMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_AllowanceForDoubtfulAccountsReceivableForeignCurrencyTranslation": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Allowance for doubtful accounts receivable, foreign currency translation", "label": "Allowance for Doubtful Accounts Receivable, Foreign Currency Translation", "negatedTerseLabel": "Foreign currency translation" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableForeignCurrencyTranslation", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Amplifiers, Laser Systems, Service, Parts, Accessories And Change In Deferred Revenue", "label": "Amplifiers, Laser Systems, Service, Parts, Accessories And Change In Deferred Revenue [Member]", "terseLabel": "Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue" } } }, "localname": "AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "ipgp_AssetsAndLiabilitiesLesseeTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Assets And Liabilities, Lessee", "label": "Assets And Liabilities, Lessee [Table Text Block]", "terseLabel": "Summary of Lease Assets and Liabilities" } } }, "localname": "AssetsAndLiabilitiesLesseeTableTextBlock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "ipgp_BankAcceptancesWeightedAverageMaturityPeriod": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Bank Acceptances, Weighted Average Maturity Period", "label": "Bank Acceptances, Weighted Average Maturity Period", "verboseLabel": "Bank acceptances, weighted-average maturity period" } } }, "localname": "BankAcceptancesWeightedAverageMaturityPeriod", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "durationItemType" }, "ipgp_BasicNetIncomePerShareAttributableToParent": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Basic net income per share attributable to parent", "label": "Basic Net Income Per Share Attributable To Parent", "verboseLabel": "Basic net income attributable to IPG Phontonics Corporation per share (in dollars per share)" } } }, "localname": "BasicNetIncomePerShareAttributableToParent", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails" ], "xbrltype": "perShareItemType" }, "ipgp_BusinessCombinationClosingCostsEarnOutTerm": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Business Combination, Closing Costs Earn Out, Term", "label": "Business Combination, Closing Costs Earn Out, Term", "terseLabel": "Closing costs earn out, term" } } }, "localname": "BusinessCombinationClosingCostsEarnOutTerm", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "durationItemType" }, "ipgp_BusinessCombinationConsiderationTransferredWorkingCapitalAdjustments": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Business Combination, Consideration Transferred, Working Capital Adjustments", "label": "Business Combination, Consideration Transferred, Working Capital Adjustments", "terseLabel": "Working capital adjustment" } } }, "localname": "BusinessCombinationConsiderationTransferredWorkingCapitalAdjustments", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAcquiredLessCashAndEquivalentsAndDeferredTaxAssets": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 4.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Assets Acquired Less Cash And Equivalents And Deferred Tax Assets", "label": "Business Combination, Recognized Identifiable Assets Acquired And Liabilities Assumed, Assets Acquired Less Cash And Equivalents And Deferred Tax Assets", "verboseLabel": "Assets acquired excluding cash and cash equivalents and deferred tax assets" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsAcquiredLessCashAndEquivalentsAndDeferredTaxAssets", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLiabilitiesExcludingDeferredTaxLiabilities": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 3.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Excluding Deferred Tax Liabilities", "label": "Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities, Excluding Deferred Tax Liabilities", "negatedLabel": "Liabilities assumed excluding deferred tax liabilities" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLiabilitiesExcludingDeferredTaxLiabilities", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_ChangeInCapitalExpendituresIncurredButNotYetPaid": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Change in Capital Expenditures Incurred but Not yet Paid", "label": "Change In Capital Expenditures Incurred But Not Yet Paid", "terseLabel": "Changes in accounts payable related to property, plant and equipment" } } }, "localname": "ChangeInCapitalExpendituresIncurredButNotYetPaid", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "ipgp_ComponentsOfPropertyPlantAndEquipmentTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Components Of Property Plant And Equipment [Table Text Block]", "label": "Components Of Property Plant And Equipment [Table Text Block]", "verboseLabel": "Components Of Property Plant And Equipment" } } }, "localname": "ComponentsOfPropertyPlantAndEquipmentTableTextBlock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables" ], "xbrltype": "textBlockItemType" }, "ipgp_ComprehensiveIncomePolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Comprehensive income [Policy Text Block]", "label": "Comprehensive Income [Policy Text Block]", "terseLabel": "Comprehensive Income" } } }, "localname": "ComprehensiveIncomePolicyTextBlock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "ipgp_ConcentrationOfCreditRiskPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Concentration of credit risk [Policy Text Block]", "label": "Concentration Of Credit Risk [Policy Text Block]", "terseLabel": "Concentration of Credit Risk" } } }, "localname": "ConcentrationOfCreditRiskPolicyTextBlock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "ipgp_ConcentrationRiskNumberOfCustomers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Concentration Risk, Number Of Customers", "label": "Concentration Risk, Number Of Customers", "terseLabel": "Number of customers" } } }, "localname": "ConcentrationRiskNumberOfCustomers", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "integerItemType" }, "ipgp_ContingentPurchaseConsiderationFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesFairValueDisclosure", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Contingent Purchase Consideration, Fair Value Disclosure", "label": "Contingent Purchase Consideration, Fair Value Disclosure", "terseLabel": "Contingent purchase consideration" } } }, "localname": "ContingentPurchaseConsiderationFairValueDisclosure", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_ContingentPurchaseConsiderationMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Contingent Purchase Consideration [Member]", "label": "Contingent Purchase Consideration [Member]", "terseLabel": "Contingent purchase consideration" } } }, "localname": "ContingentPurchaseConsiderationMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "domainItemType" }, "ipgp_DebtInstrumentCovenantComplianceDebtServiceCoverage": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Debt Instrument, Covenant Compliance, Debt Service Coverage", "label": "Debt Instrument, Covenant Compliance, Debt Service Coverage", "verboseLabel": "Covenant, debt service coverage" } } }, "localname": "DebtInstrumentCovenantComplianceDebtServiceCoverage", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_DebtInstrumentDebtServiceCoverageRatio": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Debt instrument, debt service coverage ratio", "label": "Debt Instrument, Debt Service Coverage Ratio", "verboseLabel": "Debt service coverage ratio" } } }, "localname": "DebtInstrumentDebtServiceCoverageRatio", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "pureItemType" }, "ipgp_DebtInstrumentMaximumIndebtednessMultiplierAgainstEBITDACovenant": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Debt Instrument, Maximum Indebtedness Multiplier Against EBITDA Covenant", "label": "Debt Instrument, Maximum Indebtedness Multiplier Against EBITDA Covenant", "verboseLabel": "Maximum indebtedness against EBITDA" } } }, "localname": "DebtInstrumentMaximumIndebtednessMultiplierAgainstEBITDACovenant", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "pureItemType" }, "ipgp_DecreaseInWeightedAverageNumberOfSharesOutstandingTreasuryStock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Decrease In Weighted Average Number Of Shares Outstanding, Treasury Stock", "label": "Decrease In Weighted Average Number Of Shares Outstanding, Treasury Stock", "terseLabel": "Decrease in weighted average number of treasury shares (in shares)" } } }, "localname": "DecreaseInWeightedAverageNumberOfSharesOutstandingTreasuryStock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "sharesItemType" }, "ipgp_DeferredTaxLiabilitiesWithholdingandDividendTaxForeign": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 4.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Deferred Tax Liabilities, Withholding and Dividend Tax, Foreign", "label": "Deferred Tax Liabilities, Withholding and Dividend Tax, Foreign", "negatedLabel": "Withholding tax on intercompany dividend", "negatedTerseLabel": "Deferred tax liabilities, withholding and dividend tax, foreign" } } }, "localname": "DeferredTaxLiabilitiesWithholdingandDividendTaxForeign", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails", "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_DemonstrationEquipmentMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Demonstration Equipment [Member]", "label": "Demonstration Equipment [Member]", "verboseLabel": "Demonstration Equipment" } } }, "localname": "DemonstrationEquipmentMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_DemonstrationUnitsTransferredFromInventoryToOtherAssets": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Demonstration units transferred from inventory to other assets.", "label": "Demonstration units transferred from inventory to other assets", "verboseLabel": "Demonstration units transferred from inventory to other assets" } } }, "localname": "DemonstrationUnitsTransferredFromInventoryToOtherAssets", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "ipgp_DilutedNetIncomePerShareAttributableToParent": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Diluted net income per share attributable to parent", "label": "Diluted Net Income Per Share Attributable To Parent", "verboseLabel": "Diluted net income attributable to IPG Photonics Corporation per share (in dollars per share)" } } }, "localname": "DilutedNetIncomePerShareAttributableToParent", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails" ], "xbrltype": "perShareItemType" }, "ipgp_EffectiveIncomeTaxRateReconciliationDeductionForeignDerivedIntangibleIncomeAmount": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 5.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Effective Income Tax Rate Reconciliation, Deduction, Foreign Derived Intangible Income, Amount", "label": "Effective Income Tax Rate Reconciliation, Deduction, Foreign Derived Intangible Income, Amount", "negatedLabel": "Foreign derived intangible income benefit (\"FDII\")" } } }, "localname": "EffectiveIncomeTaxRateReconciliationDeductionForeignDerivedIntangibleIncomeAmount", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 6.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Effective Income Tax Rate Reconciliation, Global Intangible Low-Taxed Income, Amount", "label": "Effective Income Tax Rate Reconciliation, Global Intangible Low-Taxed Income, Amount", "verboseLabel": "Global intangible low-taxed income taxed in the U.S. (\"GILTI\")" } } }, "localname": "EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxedIncomeAmount", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 8.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act Of 2017", "label": "Effective Income Tax Rate Reconciliation, Tax Cuts And Jobs Act Of 2017", "negatedLabel": "Effect of 2017 U.S. Tax Cuts and Jobs Act" } } }, "localname": "EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActOf2017", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_EffectiveIncomeTaxRateReconciliationWithholdingTaxOnIntercompanyDividend": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 9.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Effective Income Tax Rate Reconciliation, Withholding Tax On Intercompany Dividend", "label": "Effective Income Tax Rate Reconciliation, Withholding Tax On Intercompany Dividend", "terseLabel": "Withholding tax on intercompany dividend" } } }, "localname": "EffectiveIncomeTaxRateReconciliationWithholdingTaxOnIntercompanyDividend", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_EuroLineOfCreditMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Euro Line Of Credit [Member]", "label": "Euro Line Of Credit [Member]", "verboseLabel": "Euro Line Of Credit" } } }, "localname": "EuroLineOfCreditMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetChangeInFairValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Change In Fair Value", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Change In Fair Value", "terseLabel": "Change in fair value" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetChangeInFairValue", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityChangeInFairValue": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Change In Fair Value", "label": "Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Change In Fair Value", "terseLabel": "Change in fair value" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityChangeInFairValue", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityForeignExchange": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Foreign Exchange, Increase (Decrease)", "label": "Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Liability, Foreign Exchange", "terseLabel": "Foreign exchange adjustment" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityForeignExchange", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_GenesisMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Genesis", "label": "Genesis [Member]", "terseLabel": "Genesis Systems" } } }, "localname": "GenesisMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_GmbHRCAndGenesisMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "GmbH RC And Genesis", "label": "GmbH RC And Genesis [Member]", "terseLabel": "GmbH RC and Genesis" } } }, "localname": "GmbHRCAndGenesisMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "domainItemType" }, "ipgp_GmbHRCMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "GmBH RC", "label": "GmbH RC [Member]", "terseLabel": "RC" } } }, "localname": "GmbHRCMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_HighPowerContinuousWaveCWLasersMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "High Power Continuous Wave CW Lasers", "label": "High Power Continuous Wave CW Lasers [Member]", "terseLabel": "High Power Continuous Wave (\"CW\") Lasers" } } }, "localname": "HighPowerContinuousWaveCWLasersMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "ipgp_IncomeTaxReconciliationChangeInReservesIncludingInterestAndPenalties": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 12.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Income tax reconciliation change in reserves, including interest and penalties", "label": "Income Tax Reconciliation Change In Reserves Including Interest And Penalties", "negatedLabel": "Change in reserves, including interest and penalties" } } }, "localname": "IncomeTaxReconciliationChangeInReservesIncludingInterestAndPenalties", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_IncreaseDecreaseInContractWithCustomerLiabilityCurrent": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Increase (Decrease) In Contract With Customer, Liability, Current", "label": "Increase (Decrease) In Contract With Customer, Liability, Current", "terseLabel": "Contract liabilities - current, change" } } }, "localname": "IncreaseDecreaseInContractWithCustomerLiabilityCurrent", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_IncreaseDecreaseInContractWithCustomerLiabilityNonCurrent": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Increase (Decrease) In Contract With Customer, Liability, Non Current", "label": "Increase (Decrease) In Contract With Customer, Liability, Non Current", "terseLabel": "Contract liabilities - long-term, change" } } }, "localname": "IncreaseDecreaseInContractWithCustomerLiabilityNonCurrent", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_IntangibleAssetsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Intangible Assets [Member]", "label": "Intangible Assets [Member]", "verboseLabel": "Intangible Assets" } } }, "localname": "IntangibleAssetsMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_LaserAndNonLaserSystemsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Laser And Non-Laser Systems", "label": "Laser And Non-Laser Systems [Member]", "terseLabel": "Laser and Non-Laser Systems" } } }, "localname": "LaserAndNonLaserSystemsMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "ipgp_LineofCreditFacilityNumberofCreditLines": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line of Credit Facility, Number of Credit Lines", "label": "Line of Credit Facility, Number of Credit Lines", "verboseLabel": "Number of credit lines" } } }, "localname": "LineofCreditFacilityNumberofCreditLines", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "integerItemType" }, "ipgp_LongTermInvestmentsAndOtherAssetsFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": 3.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Long-Term Investments And Other Assets, Fair Value Disclosure", "label": "Long-Term Investments And Other Assets, Fair Value Disclosure", "terseLabel": "Long-term investments and other assets" } } }, "localname": "LongTermInvestmentsAndOtherAssetsFairValueDisclosure", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_LongTermNoteMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Long-Term Note", "label": "Long-Term Note [Member]", "verboseLabel": "Long-Term Note" } } }, "localname": "LongTermNoteMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_MaterialsProcessingMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Materials Processing [Member]", "label": "Materials Processing [Member]", "terseLabel": "Materials processing" } } }, "localname": "MaterialsProcessingMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails" ], "xbrltype": "domainItemType" }, "ipgp_MediumAndLowPowerCWLasersMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Medium And Low Power CW Lasers", "label": "Medium And Low Power CW Lasers [Member]", "terseLabel": "Medium Power CW Lasers" } } }, "localname": "MediumAndLowPowerCWLasersMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "ipgp_MenaraNetworksMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Menara Networks", "label": "Menara Networks [Member]", "verboseLabel": "Menara Networks" } } }, "localname": "MenaraNetworksMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Nature Of Business And Summary Of Significant Accounting Policies [Line Items]", "label": "Nature Of Business And Summary Of Significant Accounting Policies [Line Items]", "verboseLabel": "Nature Of Business And Summary Of Significant Accounting Policies [Line Items]" } } }, "localname": "NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesLineItems", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "ipgp_NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Nature Of Business And Summary Of Significant Accounting Policies [Table]", "label": "Nature Of Business And Summary Of Significant Accounting Policies [Table]", "verboseLabel": "Nature Of Business And Summary Of Significant Accounting Policies [Table]" } } }, "localname": "NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTable", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "ipgp_NetSalesByMajorCustomersPercentage": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Net sales by major customers, percentage", "label": "Net Sales By Major Customers, Percentage", "terseLabel": "Net sales by major customers, percentage" } } }, "localname": "NetSalesByMajorCustomersPercentage", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "percentItemType" }, "ipgp_NonCashAssetRelatedCostsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Non-Cash Asset Related Costs", "label": "Non-Cash Asset Related Costs [Member]", "terseLabel": "Non-cash asset related costs" } } }, "localname": "NonCashAssetRelatedCostsMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_NoncontrollingInterestIncreaseDecreaseFromBusinessCombination": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Noncontrolling Interest, Increase (Decrease) from Business Combination", "label": "Noncontrolling Interest, Increase (Decrease) from Business Combination", "negatedLabel": "Purchase of non-controlling interest" } } }, "localname": "NoncontrollingInterestIncreaseDecreaseFromBusinessCombination", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "ipgp_NumberOfLargestCustomersSales": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of largest customers, Sales.", "label": "Number Of Largest Customers, Sales", "terseLabel": "Number of largest customers" } } }, "localname": "NumberOfLargestCustomersSales", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "positiveIntegerItemType" }, "ipgp_OCFPerformanceSharesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "OCF Performance Shares", "label": "OCF Performance Shares [Member]", "terseLabel": "OCF Performance Shares" } } }, "localname": "OCFPerformanceSharesMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "domainItemType" }, "ipgp_OtherApplicationsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other Applications [Member]", "label": "Other Applications [Member]", "terseLabel": "Other applications" } } }, "localname": "OtherApplicationsMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails" ], "xbrltype": "domainItemType" }, "ipgp_OtherAsianGeographicalAreasMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other Asian Geographical Areas", "label": "Other Asian Geographical Areas [Member]", "terseLabel": "Other" } } }, "localname": "OtherAsianGeographicalAreasMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "ipgp_OtherCommitmentsDurationofEmploymentAgreement": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other Commitments, Duration of Employment Agreement", "label": "Other Commitments, Duration of Employment Agreement", "verboseLabel": "Duration of employment agreement" } } }, "localname": "OtherCommitmentsDurationofEmploymentAgreement", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "durationItemType" }, "ipgp_OtherComprehensiveIncomeLossAdoptionOfNewAccountingPronouncementAdjustmentNetOfTax": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 5.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Other Comprehensive Income (Loss), Adoption Of New Accounting Pronouncement Adjustment, Net Of Tax", "label": "Other Comprehensive Income (Loss), Adoption Of New Accounting Pronouncement Adjustment, Net Of Tax", "terseLabel": "Effect of adopted accounting standards" } } }, "localname": "OtherComprehensiveIncomeLossAdoptionOfNewAccountingPronouncementAdjustmentNetOfTax", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "ipgp_OtherEuropeanFacilitiesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other European Facilities [Member]", "label": "Other European Facilities [Member]", "terseLabel": "Other European Facilities" } } }, "localname": "OtherEuropeanFacilitiesMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_OtherEuropeanGeographicalAreasMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other European Geographical Areas", "label": "Other European Geographical Areas [Member]", "terseLabel": "Other including Eastern Europe/CIS" } } }, "localname": "OtherEuropeanGeographicalAreasMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "ipgp_OtherLocationMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other Location [Member]", "label": "Other Location [Member]", "terseLabel": "Other" } } }, "localname": "OtherLocationMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "domainItemType" }, "ipgp_OtherRestructuringPlansMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Other Restructuring Plans", "label": "Other Restructuring Plans [Member]", "terseLabel": "Other Restructuring Plans" } } }, "localname": "OtherRestructuringPlansMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_PadtecSASubmarineNetworksDivisionMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Padtec S.A. Submarine Networks Division", "label": "Padtec S.A. Submarine Networks Division [Member]", "terseLabel": "SND" } } }, "localname": "PadtecSASubmarineNetworksDivisionMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_PiTecMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "PiTec", "label": "PiTec [Member]", "terseLabel": "PiTec" } } }, "localname": "PiTecMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_ProductionKnowHowMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Production Know How [Member]", "label": "Production Know How [Member]", "verboseLabel": "Production know-how" } } }, "localname": "ProductionKnowHowMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "domainItemType" }, "ipgp_PropertyPlantandEquipmentTransferredfromInventory": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Property Plant and Equipment Transferred from Inventory", "label": "Property Plant and Equipment Transferred from Inventory", "verboseLabel": "Property, plant and equipment transferred from inventory" } } }, "localname": "PropertyPlantandEquipmentTransferredfromInventory", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "ipgp_PropertySubjecttoorAvailableforOperatingLeasePercentageofProperty": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Property Subject to or Available for Operating Lease, Percentage of Property", "label": "Property Subject to or Available for Operating Lease, Percentage of Property", "verboseLabel": "Percentage of property under operating lease" } } }, "localname": "PropertySubjecttoorAvailableforOperatingLeasePercentageofProperty", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "percentItemType" }, "ipgp_ProvisionsForInventoryProductWarrantyAndBadDebt": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 9.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Provisions for inventory product warranty and bad debt.", "label": "Provisions For Inventory Product Warranty And Bad Debt", "verboseLabel": "Provisions for inventory, warranty and bad debt" } } }, "localname": "ProvisionsForInventoryProductWarrantyAndBadDebt", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "ipgp_PulsedLasersMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Pulsed Lasers", "label": "Pulsed Lasers [Member]", "terseLabel": "Pulsed Lasers" } } }, "localname": "PulsedLasersMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "ipgp_PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Purchased Parts and Services from Company which Independent Director is Executive Officer [Member]", "label": "Purchased Parts and Services from Company which Independent Director is Executive Officer [Member]", "verboseLabel": "Purchased Parts and Services from Company which Independent Director is Executive Officer" } } }, "localname": "PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_QuasiContinuousWaveQCWLasersMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Quasi-Continuous Wave QCW Lasers", "label": "Quasi-Continuous Wave QCW Lasers [Member]", "terseLabel": "Quasi-Continuous Wave (\"QCW\") Lasers" } } }, "localname": "QuasiContinuousWaveQCWLasersMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "ipgp_RestOfWorldMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Rest Of The World [Member]", "label": "Rest Of World [Member]", "terseLabel": "Rest of World" } } }, "localname": "RestOfWorldMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "ipgp_RevenueRecognitionPeriodforInstallationCompletion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Revenue Recognition, Period for Installation Completion", "label": "Revenue Recognition, Period for Installation Completion", "verboseLabel": "Period for installation completion" } } }, "localname": "RevenueRecognitionPeriodforInstallationCompletion", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails" ], "xbrltype": "durationItemType" }, "ipgp_SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director", "label": "Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director [Member]", "terseLabel": "Sale Of Various Equipment And Parts Which Independent Director Is Also An Independent Director" } } }, "localname": "SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_ScheduleOfAllowanceForDoubtfulAccountsTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Schedule Of Allowance For Doubtful Accounts [Table Text Block]", "label": "Schedule Of Allowance For Doubtful Accounts [Table Text Block]", "terseLabel": "Schedule Of Allowance For Doubtful Accounts" } } }, "localname": "ScheduleOfAllowanceForDoubtfulAccountsTableTextBlock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "ipgp_ScheduleofSharebasedPaymentAwardEquityInstrumentsOtherThanStockOptionsValuationAssumptionsTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Schedule of Share-based Payment Award, Equity Instruments Other Than Stock Options, Valuation Assumptions", "label": "Schedule of Share-based Payment Award, Equity Instruments Other Than Stock Options, Valuation Assumptions [Table Text Block]", "terseLabel": "Summary of Performance Units Fair Value Assessment" } } }, "localname": "ScheduleofSharebasedPaymentAwardEquityInstrumentsOtherThanStockOptionsValuationAssumptionsTableTextBlock", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "ipgp_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share Based Compensation Arrangement By Share Based Payment Award, Fair Value Assumptions, Forfeiture Rate", "label": "Share Based Compensation Arrangement By Share Based Payment Award, Fair Value Assumptions, Forfeiture Rate", "terseLabel": "Forfeiture rate" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "percentItemType" }, "ipgp_ShareBasedCompensationArrangementByShareBasedPaymentAwardRightToReceiveCommonStockShares": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-Based Compensation Arrangement By Share-Based Payment Award, Right To Receive Common Stock, Shares", "label": "Share-Based Compensation Arrangement By Share-Based Payment Award, Right To Receive Common Stock, Shares", "terseLabel": "Right to receive common stock, shares (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardRightToReceiveCommonStockShares", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "sharesItemType" }, "ipgp_ShareRepurchaseProgram2018Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share Repurchase Program, 2018", "label": "Share Repurchase Program, 2018 [Member]", "terseLabel": "Share Repurchase Program, 2018" } } }, "localname": "ShareRepurchaseProgram2018Member", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_ShareRepurchaseProgram2019Member": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share Repurchase Program, 2019", "label": "Share Repurchase Program, 2019 [Member]", "terseLabel": "Share Repurchase Program, 2019" } } }, "localname": "ShareRepurchaseProgram2019Member", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardEmploymentTerminationPeriod": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Employment Termination Period", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Employment Termination Period", "terseLabel": "Termination period" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardEmploymentTerminationPeriod", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "durationItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisesinPeriodIntrinsicValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Exercises in Period, Intrinsic Value", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Exercises in Period, Intrinsic Value", "terseLabel": "Intrinsic value of RSUs exercised" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisesinPeriodIntrinsicValue", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsAwardedUnitsEarnedPercentage": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Awarded Units Earned, Percentage", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Awarded Units Earned, Percentage", "verboseLabel": "Award units earned, percentage" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsAwardedUnitsEarnedPercentage", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "percentItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsTargetGoalPercentage": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Target Goal, Percentage", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Target Goal, Percentage", "verboseLabel": "Target goal, percentage" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsTargetGoalPercentage", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "percentItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsAndEquityInstrumentsOtherThanOptionsExercisesinPeriod": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Options And Equity Instruments Other Than Options, Exercises in Period", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options And Equity Instruments Other Than Options, Exercises in Period", "verboseLabel": "Exercise of stock options and vesting of RSU's and PSU's (in shares)" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsAndEquityInstrumentsOtherThanOptionsExercisesinPeriod", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "sharesItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedAggregateIntrinsicValue": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Aggregate Intrinsic Value", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Aggregate Intrinsic Value", "terseLabel": "Unvested, Aggregate intrinsic value" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedAggregateIntrinsicValue", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Exercise Price", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Exercise Price", "terseLabel": "Unvested (in dollars per share)" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "perShareItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedWeightedAverageRemainingContractualTerm": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Weighted Average Remaining Contractual Term", "terseLabel": "Unvested, Weighted-average remaining contractual life" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardOptionsNonvestedWeightedAverageRemainingContractualTerm", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "durationItemType" }, "ipgp_SharebasedCompensationArrangementbySharebasedPaymentAwardPeriodforDiscountfromMarketPrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based Compensation Arrangement by Share-based Payment Award, Period for Discount from Market Price", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Period for Discount from Market Price", "verboseLabel": "Period for discount from market price" } } }, "localname": "SharebasedCompensationArrangementbySharebasedPaymentAwardPeriodforDiscountfromMarketPrice", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "durationItemType" }, "ipgp_ShortTermInvestmentsFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": 2.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Short Term Investments, Fair Value Disclosure", "label": "Short Term Investments, Fair Value Disclosure", "terseLabel": "Short-term investments" } } }, "localname": "ShortTermInvestmentsFairValueDisclosure", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "ipgp_StandardProductWarrantyCoveragePeriod": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Standard product warranty coverage period", "label": "Standard product warranty coverage period", "verboseLabel": "Standard product warranty coverage period" } } }, "localname": "StandardProductWarrantyCoveragePeriod", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "durationItemType" }, "ipgp_StateMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "State [Member]", "label": "State [Member]", "verboseLabel": "State" } } }, "localname": "StateMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_StockIssuedDuringPeriodValueOptionsAndEquityInstrumentsOtherThanOptionsExercised": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Stock Issued During Period, Value, Options And Equity Instruments Other Than Options, Exercised", "label": "Stock Issued During Period, Value, Options And Equity Instruments Other Than Options, Exercised", "verboseLabel": "Exercise of stock options and vesting of RSU's and PSU's" } } }, "localname": "StockIssuedDuringPeriodValueOptionsAndEquityInstrumentsOtherThanOptionsExercised", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "ipgp_SubmarineTelecommunicationsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Submarine Telecommunications", "label": "Submarine Telecommunications [Member]", "terseLabel": "Submarine Telecommunications" } } }, "localname": "SubmarineTelecommunicationsMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_TSRPerformanceSharesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "TSR Performance Shares", "label": "TSR Performance Shares [Member]", "terseLabel": "TSR Performance Shares" } } }, "localname": "TSRPerformanceSharesMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "domainItemType" }, "ipgp_TechnologyTrademarkAndTradenameMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Technology, Trademark And Tradename [Member]", "label": "Technology Trademark And Tradename [Member]", "verboseLabel": "Technology, trademark and trade name" } } }, "localname": "TechnologyTrademarkAndTradenameMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "domainItemType" }, "ipgp_TransceiversMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Transceivers", "label": "Transceivers [Member]", "terseLabel": "Transceivers" } } }, "localname": "TransceiversMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_TransferredOverTimeVolumeDiscountIncentiveMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "", "label": "Transferred Over Time, Volume Discount Incentive [Member]", "terseLabel": "Revenue to be earned over time from contracts to sell robotic systems" } } }, "localname": "TransferredOverTimeVolumeDiscountIncentiveMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "domainItemType" }, "ipgp_TwoThousandSixIncentiveCompensationPlanMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two Thousand Six Incentive Compensation Plan [Member]", "label": "Two Thousand Six Incentive Compensation Plan [Member]", "verboseLabel": "2006 Incentive Compensation Plan" } } }, "localname": "TwoThousandSixIncentiveCompensationPlanMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_USLineOfCreditMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "U S Line of Credit [Member]", "label": "U S Line Of Credit [Member]", "verboseLabel": "U S Line Of Credit" } } }, "localname": "USLineOfCreditMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_USLongTermNoteMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "US Long-Term Note [Member]", "label": "US Long Term Note [Member]", "terseLabel": "US Long Term Note" } } }, "localname": "USLongTermNoteMember", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "ipgp_WithholdingAndDividendTaxPercent": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Withholding and Dividend Tax, Percent", "label": "Withholding and Dividend Tax, Percent", "terseLabel": "Withholding and dividend tax, percent" } } }, "localname": "WithholdingAndDividendTaxPercent", "nsuri": "http://www.ipgphotonics.com/20201231", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "pureItemType" }, "srt_ChiefExecutiveOfficerMember": { "auth_ref": [ "r211" ], "lang": { "en-us": { "role": { "label": "Chief Executive Officer [Member]", "verboseLabel": "Chief Executive Officer" } } }, "localname": "ChiefExecutiveOfficerMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember": { "auth_ref": [ "r139", "r147", "r233", "r429", "r430", "r431", "r476", "r477" ], "lang": { "en-us": { "role": { "label": "Cumulative Effect, Period of Adoption, Adjusted Balance [Member]", "terseLabel": "Cumulative Effect, Period of Adoption, Adjusted Balance" } } }, "localname": "CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "domainItemType" }, "srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember": { "auth_ref": [ "r139", "r147", "r233", "r429", "r430", "r431", "r476", "r477" ], "lang": { "en-us": { "role": { "label": "Cumulative Effect, Period of Adoption, Adjustment [Member]", "terseLabel": "Cumulative Effect, Period of Adoption, Adjustment" } } }, "localname": "CumulativeEffectPeriodOfAdoptionAdjustmentMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_CumulativeEffectPeriodOfAdoptionAxis": { "auth_ref": [ "r139", "r147", "r233", "r429", "r430", "r431", "r476", "r477" ], "lang": { "en-us": { "role": { "label": "Cumulative Effect, Period of Adoption [Axis]", "terseLabel": "Cumulative Effect, Period of Adoption [Axis]" } } }, "localname": "CumulativeEffectPeriodOfAdoptionAxis", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "srt_CumulativeEffectPeriodOfAdoptionDomain": { "auth_ref": [ "r139", "r147", "r233", "r429", "r430", "r431", "r476", "r477" ], "lang": { "en-us": { "role": { "label": "Cumulative Effect, Period of Adoption [Domain]", "terseLabel": "Cumulative Effect, Period of Adoption [Domain]" } } }, "localname": "CumulativeEffectPeriodOfAdoptionDomain", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_DirectorMember": { "auth_ref": [ "r211" ], "lang": { "en-us": { "role": { "label": "Director [Member]", "verboseLabel": "Director" } } }, "localname": "DirectorMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_ManagementMember": { "auth_ref": [ "r211", "r592" ], "lang": { "en-us": { "role": { "label": "Management [Member]", "verboseLabel": "Management" } } }, "localname": "ManagementMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_MaximumMember": { "auth_ref": [ "r383", "r386", "r604", "r605", "r606", "r607", "r608", "r609", "r628", "r696", "r699" ], "lang": { "en-us": { "role": { "label": "Maximum [Member]", "terseLabel": "Maximum" } } }, "localname": "MaximumMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/LeasesNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "domainItemType" }, "srt_MinimumMember": { "auth_ref": [ "r383", "r386", "r604", "r605", "r606", "r607", "r608", "r609", "r628", "r696", "r699" ], "lang": { "en-us": { "role": { "label": "Minimum [Member]", "terseLabel": "Minimum" } } }, "localname": "MinimumMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/LeasesNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "domainItemType" }, "srt_NorthAmericaMember": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "North America [Member]", "terseLabel": "North America" } } }, "localname": "NorthAmericaMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "srt_ProductOrServiceAxis": { "auth_ref": [ "r206", "r354", "r358", "r629", "r695", "r697" ], "lang": { "en-us": { "role": { "label": "Product and Service [Axis]", "verboseLabel": "Product and Service [Axis]" } } }, "localname": "ProductOrServiceAxis", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "stringItemType" }, "srt_ProductsAndServicesDomain": { "auth_ref": [ "r206", "r354", "r358", "r629", "r695", "r697" ], "lang": { "en-us": { "role": { "label": "Product and Service [Domain]", "verboseLabel": "Product and Service [Domain]" } } }, "localname": "ProductsAndServicesDomain", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails" ], "xbrltype": "domainItemType" }, "srt_RangeAxis": { "auth_ref": [ "r371", "r383", "r386", "r604", "r605", "r606", "r607", "r608", "r609", "r628", "r696", "r699" ], "lang": { "en-us": { "role": { "label": "Statistical Measurement [Axis]", "terseLabel": "Range [Axis]" } } }, "localname": "RangeAxis", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/LeasesNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "stringItemType" }, "srt_RangeMember": { "auth_ref": [ "r371", "r383", "r386", "r604", "r605", "r606", "r607", "r608", "r609", "r628", "r696", "r699" ], "lang": { "en-us": { "role": { "label": "Statistical Measurement [Domain]", "terseLabel": "Range [Domain]" } } }, "localname": "RangeMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails", "http://www.ipgphotonics.com/role/LeasesNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "domainItemType" }, "srt_ScenarioForecastMember": { "auth_ref": [ "r384" ], "lang": { "en-us": { "role": { "label": "Forecast [Member]", "verboseLabel": "Scenario, Forecast" } } }, "localname": "ScenarioForecastMember", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_ScenarioUnspecifiedDomain": { "auth_ref": [ "r384" ], "lang": { "en-us": { "role": { "label": "Scenario [Domain]", "verboseLabel": "Scenario, Unspecified [Domain]" } } }, "localname": "ScenarioUnspecifiedDomain", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "srt_SegmentGeographicalDomain": { "auth_ref": [ "r207", "r208", "r354", "r359", "r698", "r736", "r737", "r738", "r739", "r740", "r741", "r742", "r743" ], "lang": { "en-us": { "role": { "label": "Geographical [Domain]", "verboseLabel": "Geographical [Domain]" } } }, "localname": "SegmentGeographicalDomain", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "domainItemType" }, "srt_StatementGeographicalAxis": { "auth_ref": [ "r207", "r208", "r354", "r359", "r698", "r730", "r736", "r737", "r738", "r739", "r740", "r741", "r742", "r743", "r744" ], "lang": { "en-us": { "role": { "label": "Geographical [Axis]", "verboseLabel": "Geographical [Axis]" } } }, "localname": "StatementGeographicalAxis", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails" ], "xbrltype": "stringItemType" }, "srt_StatementScenarioAxis": { "auth_ref": [ "r306", "r384", "r597" ], "lang": { "en-us": { "role": { "label": "Scenario [Axis]", "verboseLabel": "Scenario [Axis]" } } }, "localname": "StatementScenarioAxis", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "srt_TitleOfIndividualAxis": { "auth_ref": [ "r211", "r592" ], "lang": { "en-us": { "role": { "label": "Title of Individual [Axis]", "terseLabel": "Title of Individual [Axis]" } } }, "localname": "TitleOfIndividualAxis", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "srt_TitleOfIndividualWithRelationshipToEntityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Title of Individual [Domain]", "terseLabel": "Relationship to Entity [Domain]" } } }, "localname": "TitleOfIndividualWithRelationshipToEntityDomain", "nsuri": "http://fasb.org/srt/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountingStandardsUpdate201613Member": { "auth_ref": [ "r229" ], "lang": { "en-us": { "role": { "documentation": "Accounting Standards Update 2016-13 Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.", "label": "Accounting Standards Update 2016-13 [Member]", "terseLabel": "ASU 2016-13" } } }, "localname": "AccountingStandardsUpdate201613Member", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period.", "label": "Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]", "terseLabel": "Accounts Expenses And Other Liabilities" } } }, "localname": "AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilities" ], "xbrltype": "textBlockItemType" }, "us-gaap_AccountsPayableCurrent": { "auth_ref": [ "r42" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accounts Payable, Current", "terseLabel": "Accounts payable" } } }, "localname": "AccountsPayableCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccountsPayableRelatedPartiesCurrent": { "auth_ref": [ "r42", "r132", "r591", "r593" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount for accounts payable to related parties. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accounts Payable, Related Parties, Current", "verboseLabel": "Amounts due from related party" } } }, "localname": "AccountsPayableRelatedPartiesCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccountsReceivableMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Due from customers or clients for goods or services that have been delivered or sold.", "label": "Accounts Receivable [Member]", "terseLabel": "Accounts Receivable" } } }, "localname": "AccountsReceivableMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccountsReceivableNetCurrent": { "auth_ref": [ "r3", "r21", "r212", "r213" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.", "label": "Accounts Receivable, after Allowance for Credit Loss, Current", "terseLabel": "Accounts receivable, net" } } }, "localname": "AccountsReceivableNetCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccruedIncomeTaxesCurrent": { "auth_ref": [ "r17", "r651", "r678" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations.", "label": "Accrued Income Taxes, Current", "terseLabel": "Income taxes payable" } } }, "localname": "AccruedIncomeTaxesCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccruedLiabilitiesCurrent": { "auth_ref": [ "r46" ], "calculation": { "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accrued Liabilities, Current", "terseLabel": "Accrued expenses and other liabilities", "totalLabel": "Total" } } }, "localname": "AccruedLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails", "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment": { "auth_ref": [ "r40", "r284" ], "calculation": { "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails": { "order": 1.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.", "label": "Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment", "negatedTerseLabel": "Accumulated depreciation" } } }, "localname": "AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember": { "auth_ref": [ "r66", "r74", "r75", "r517" ], "lang": { "en-us": { "role": { "documentation": "Accumulated other comprehensive income (loss) resulting from foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, including the portion attributable to the noncontrolling interest.", "label": "Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member]", "verboseLabel": "Foreign currency translation adjustments" } } }, "localname": "AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember": { "auth_ref": [ "r67", "r74", "r75", "r517" ], "lang": { "en-us": { "role": { "documentation": "Accumulated other comprehensive income (loss) resulting from gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges, including the portion attributable to the noncontrolling interest.", "label": "Accumulated Net Gain (Loss) from Cash Flow Hedges Including Portion Attributable to Noncontrolling Interest [Member]", "verboseLabel": "Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively" } } }, "localname": "AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember": { "auth_ref": [ "r68", "r69", "r70", "r74", "r75" ], "lang": { "en-us": { "role": { "documentation": "Accumulated unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), including portion attributable to noncontrolling interest.", "label": "AOCI, Accumulated Gain (Loss), Debt Securities, Available-for-sale, Including Noncontrolling Interest [Member]", "verboseLabel": "Unrealized gain on auction rate securities" } } }, "localname": "AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r24", "r72", "r73", "r74", "r681", "r707", "r711" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.", "label": "Accumulated Other Comprehensive Income (Loss), Net of Tax", "terseLabel": "Accumulated other comprehensive loss" } } }, "localname": "AccumulatedOtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccumulatedOtherComprehensiveIncomeMember": { "auth_ref": [ "r71", "r74", "r75", "r136", "r137", "r138", "r517", "r702", "r703" ], "lang": { "en-us": { "role": { "documentation": "Accumulated increase (decrease) in equity from transactions and other events and circumstances from non-owner sources, attributable to the parent. Excludes net income (loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners.", "label": "AOCI Attributable to Parent [Member]", "terseLabel": "AOCI Attributable to Parent", "verboseLabel": "Accumulated Other Comprehensive (Loss) Income" } } }, "localname": "AccumulatedOtherComprehensiveIncomeMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AcquiredFiniteLivedIntangibleAssetsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Acquired Finite-Lived Intangible Assets [Line Items]", "verboseLabel": "Acquired Finite-Lived Intangible Assets [Line Items]" } } }, "localname": "AcquiredFiniteLivedIntangibleAssetsLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife": { "auth_ref": [ "r270" ], "lang": { "en-us": { "role": { "documentation": "Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Acquired Finite-lived Intangible Assets, Weighted Average Useful Life", "verboseLabel": "Acquired intangible asset, useful life" } } }, "localname": "AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_AdditionalPaidInCapitalCommonStock": { "auth_ref": [ "r22" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital.", "label": "Additional Paid in Capital, Common Stock", "terseLabel": "Additional paid-in capital" } } }, "localname": "AdditionalPaidInCapitalCommonStock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [ "r136", "r137", "r138", "r429", "r430", "r431" ], "lang": { "en-us": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid-in Capital [Member]", "verboseLabel": "Additional Paid In Capital" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentForAmortization": { "auth_ref": [ "r117", "r276" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives.", "label": "Amortization", "terseLabel": "Amortization" } } }, "localname": "AdjustmentForAmortization", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsForNewAccountingPronouncementsAxis": { "auth_ref": [ "r140", "r141", "r142", "r143", "r230", "r231", "r232", "r233", "r234", "r235", "r425", "r426", "r427", "r428", "r429", "r430", "r431", "r432", "r474", "r475", "r476", "r477", "r631", "r632", "r633", "r700", "r701", "r702", "r703", "r704", "r705", "r706", "r707", "r708", "r709", "r710", "r711" ], "lang": { "en-us": { "role": { "documentation": "Information by amendment to accounting standards.", "label": "Accounting Standards Update [Axis]", "terseLabel": "Adjustments for New Accounting Pronouncements [Axis]" } } }, "localname": "AdjustmentsForNewAccountingPronouncementsAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue": { "auth_ref": [ "r388", "r390", "r435", "r436" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement.", "label": "APIC, Share-based Payment Arrangement, Increase for Cost Recognition", "verboseLabel": "Stock-based compensation" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]", "verboseLabel": "Adjustments to reconcile net income to net cash (used) provided by operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_AdvertisingCostsPolicyTextBlock": { "auth_ref": [ "r439" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for advertising cost.", "label": "Advertising Cost [Policy Text Block]", "terseLabel": "Advertising Expenses" } } }, "localname": "AdvertisingCostsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_AirTransportationEquipmentMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Equipment used for the primary purpose of air transportation.", "label": "Air Transportation Equipment [Member]", "verboseLabel": "Air Transportation Equipment" } } }, "localname": "AirTransportationEquipmentMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AllocatedShareBasedCompensationExpense": { "auth_ref": [ "r390", "r421", "r434" ], "calculation": { "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails": { "order": 2.0, "parentTag": "us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of expense for award under share-based payment arrangement. Excludes amount capitalized.", "label": "Share-based Payment Arrangement, Expense", "terseLabel": "Total stock-based compensation" } } }, "localname": "AllocatedShareBasedCompensationExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after tax, of expense for award under share-based payment arrangement.", "label": "Share-based Payment Arrangement, Expense, after Tax", "totalLabel": "Net stock-based compensation" } } }, "localname": "AllocatedShareBasedCompensationExpenseNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent": { "auth_ref": [ "r28", "r218", "r236" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of allowance for credit loss on accounts receivable, classified as current.", "label": "Accounts Receivable, Allowance for Credit Loss, Current", "periodEndLabel": "Balance at December\u00a031", "periodStartLabel": "Balance at January\u00a01" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivableRollforward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Accounts Receivable, Allowance for Credit Loss [Roll Forward]", "verboseLabel": "Allowance for Doubtful Accounts Receivable [Roll Forward]" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableRollforward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AllowanceForDoubtfulAccountsReceivableWriteOffs": { "auth_ref": [ "r239" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of direct write-downs of accounts receivable charged against the allowance.", "label": "Accounts Receivable, Allowance for Credit Loss, Writeoff", "negatedTerseLabel": "Uncollectable accounts written off" } } }, "localname": "AllowanceForDoubtfulAccountsReceivableWriteOffs", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AmortizationOfIntangibleAssets": { "auth_ref": [ "r117", "r267", "r276" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.", "label": "Amortization of Intangible Assets", "terseLabel": "Amortization expense for intangible assets" } } }, "localname": "AmortizationOfIntangibleAssets", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount": { "auth_ref": [ "r162" ], "lang": { "en-us": { "role": { "documentation": "Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.", "label": "Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount", "terseLabel": "Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount" } } }, "localname": "AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis": { "auth_ref": [ "r162" ], "lang": { "en-us": { "role": { "documentation": "Information by type of antidilutive security.", "label": "Antidilutive Securities [Axis]", "terseLabel": "Antidilutive Securities [Axis]" } } }, "localname": "AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]", "terseLabel": "Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]", "verboseLabel": "Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]" } } }, "localname": "AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AntidilutiveSecuritiesNameDomain": { "auth_ref": [ "r162" ], "lang": { "en-us": { "role": { "documentation": "Incremental common shares attributable to securities that were not included in diluted earnings per share (EPS) because to do so would increase EPS amounts or decrease loss per share amounts for the period presented.", "label": "Antidilutive Securities, Name [Domain]", "terseLabel": "Antidilutive Securities, Name [Domain]" } } }, "localname": "AntidilutiveSecuritiesNameDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails" ], "xbrltype": "domainItemType" }, "us-gaap_Assets": { "auth_ref": [ "r125", "r189", "r198", "r204", "r228", "r511", "r518", "r554", "r649", "r677" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "totalLabel": "Total assets" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets [Abstract]", "verboseLabel": "ASSETS" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsCurrent": { "auth_ref": [ "r4", "r5", "r59", "r125", "r228", "r511", "r518", "r554" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets, Current", "totalLabel": "Total current assets" } } }, "localname": "AssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets, Current [Abstract]", "verboseLabel": "Current assets:" } } }, "localname": "AssetsCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsFairValueDisclosure": { "auth_ref": [ "r544" ], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets, Fair Value Disclosure", "totalLabel": "Total assets" } } }, "localname": "AssetsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsFairValueDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets, Fair Value Disclosure [Abstract]", "terseLabel": "Assets" } } }, "localname": "AssetsFairValueDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_AuctionRateSecuritiesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Debt instrument securities (for example, but not limited to, corporate or municipal bonds) that typically have long-term nominal maturities for which the interest rate is reset through an auction process.", "label": "Auction Rate Securities [Member]", "terseLabel": "Auction rate securities", "verboseLabel": "Auction Rate Securities" } } }, "localname": "AuctionRateSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_AwardTypeAxis": { "auth_ref": [ "r391", "r423" ], "lang": { "en-us": { "role": { "documentation": "Information by type of award under share-based payment arrangement.", "label": "Award Type [Axis]", "terseLabel": "Award Type [Axis]" } } }, "localname": "AwardTypeAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BalanceSheetLocationAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by location on balance sheet (statement of financial position).", "label": "Balance Sheet Location [Axis]", "verboseLabel": "Balance Sheet Location [Axis]" } } }, "localname": "BalanceSheetLocationAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BalanceSheetLocationDomain": { "auth_ref": [ "r527", "r531" ], "lang": { "en-us": { "role": { "documentation": "Location in the balance sheet (statement of financial position).", "label": "Balance Sheet Location [Domain]", "verboseLabel": "Balance Sheet Location [Domain]" } } }, "localname": "BalanceSheetLocationDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_BankAcceptancesExecuted": { "auth_ref": [ "r658" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The amount of the financial institution's obligation to pay the holder of the customer's draft which the financial institution has guaranteed (i.e., Banker's Acceptance).", "label": "Bank Acceptances Executed", "verboseLabel": "Bank acceptances drafts" } } }, "localname": "BankAcceptancesExecuted", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BuildingMember": { "auth_ref": [ "r283" ], "lang": { "en-us": { "role": { "documentation": "Facility held for productive use including, but not limited to, office, production, storage and distribution facilities.", "label": "Building [Member]", "verboseLabel": "Buildings" } } }, "localname": "BuildingMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "domainItemType" }, "us-gaap_BusinessAcquisitionAcquireeDomain": { "auth_ref": [ "r382", "r385" ], "lang": { "en-us": { "role": { "documentation": "Identification of the acquiree in a material business combination (or series of individually immaterial business combinations), which may include the name or other type of identification of the acquiree.", "label": "Business Acquisition, Acquiree [Domain]", "verboseLabel": "Business Acquisition, Acquiree [Domain]" } } }, "localname": "BusinessAcquisitionAcquireeDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_BusinessAcquisitionAxis": { "auth_ref": [ "r382", "r385", "r494", "r495" ], "lang": { "en-us": { "role": { "documentation": "Information by business combination or series of individually immaterial business combinations.", "label": "Business Acquisition [Axis]", "verboseLabel": "Business Acquisition [Axis]" } } }, "localname": "BusinessAcquisitionAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BusinessAcquisitionLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Business Acquisition [Line Items]", "verboseLabel": "Business Acquisition [Line Items]" } } }, "localname": "BusinessAcquisitionLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "stringItemType" }, "us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired": { "auth_ref": [ "r491" ], "lang": { "en-us": { "role": { "documentation": "Percentage of voting equity interests acquired at the acquisition date in the business combination.", "label": "Business Acquisition, Percentage of Voting Interests Acquired", "terseLabel": "Ownership percentage acquired" } } }, "localname": "BusinessAcquisitionPercentageOfVotingInterestsAcquired", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_BusinessAcquisitionsProFormaRevenue": { "auth_ref": [ "r492", "r493" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The pro forma revenue for a period as if the business combination or combinations had been completed at the beginning of the period.", "label": "Business Acquisition, Pro Forma Revenue", "terseLabel": "Pro forma revenue" } } }, "localname": "BusinessAcquisitionsProFormaRevenue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationConsiderationTransferred1": { "auth_ref": [ "r501", "r502", "r503" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer.", "label": "Business Combination, Consideration Transferred", "terseLabel": "Consideration transferred" } } }, "localname": "BusinessCombinationConsiderationTransferred1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationDisclosureTextBlock": { "auth_ref": [ "r505" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).", "label": "Business Combination Disclosure [Text Block]", "terseLabel": "Business Combinations" } } }, "localname": "BusinessCombinationDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinations" ], "xbrltype": "textBlockItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents": { "auth_ref": [ "r497" ], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 5.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents", "verboseLabel": "Cash and cash equivalents" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities": { "auth_ref": [ "r497" ], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 2.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred tax liability attributable to taxable temporary differences assumed at the acquisition date.", "label": "Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities", "negatedTerseLabel": "Deferred tax liabilities, net" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles": { "auth_ref": [ "r496", "r497" ], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 1.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of identifiable intangible assets recognized as of the acquisition date.", "label": "Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles", "verboseLabel": "Intangible assets" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet": { "auth_ref": [ "r496", "r497" ], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 2.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount recognized as of the acquisition date for the identifiable assets acquired in excess of (less than) the aggregate liabilities assumed.", "label": "Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net", "totalLabel": "Total identifiable net assets" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet": { "auth_ref": [ "r497" ], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount recognized for assets, including goodwill, in excess of (less than) the aggregate liabilities assumed.", "label": "Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net", "terseLabel": "Purchase price", "totalLabel": "Total purchase price" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessCombinationsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Business Combinations [Abstract]" } } }, "localname": "BusinessCombinationsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_BusinessDescriptionAndAccountingPoliciesTextBlock": { "auth_ref": [ "r135", "r183" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for the business description and accounting policies concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Accounting policies describe all significant accounting policies of the reporting entity.", "label": "Business Description and Accounting Policies [Text Block]", "terseLabel": "Nature Of Business And Summary Of Significant Accounting Policies" } } }, "localname": "BusinessDescriptionAndAccountingPoliciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashAndCashEquivalentsAtCarryingValue": { "auth_ref": [ "r1", "r37", "r119" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 }, "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash and Cash Equivalents, at Carrying Value", "terseLabel": "Cash and cash equivalents" } } }, "localname": "CashAndCashEquivalentsAtCarryingValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashAndCashEquivalentsFairValueDisclosure": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": 1.0, "parentTag": "us-gaap_AssetsFairValueDisclosure", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash and Cash Equivalents, Fair Value Disclosure", "terseLabel": "Cash equivalents" } } }, "localname": "CashAndCashEquivalentsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashAndCashEquivalentsPolicyTextBlock": { "auth_ref": [ "r11", "r120", "r123" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.", "label": "Cash and Cash Equivalents, Policy [Policy Text Block]", "terseLabel": "Cash and Cash Equivalents and Short-Term and Long-term Investments" } } }, "localname": "CashAndCashEquivalentsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r113", "r119", "r122" ], "calculation": { "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage. Excludes amount for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "periodEndLabel": "Cash, cash equivalents and restricted cash \u2014 End of year (Note 1)", "periodStartLabel": "Cash, cash equivalents and restricted cash \u2014 Beginning of year", "totalLabel": "Cash, cash equivalents and restricted cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect": { "auth_ref": [ "r113", "r559" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect", "totalLabel": "Net increase (decrease) in cash, cash equivalents and restricted cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]", "verboseLabel": "Non-cash transactions:" } } }, "localname": "CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_CertificatesOfDepositMember": { "auth_ref": [ "r672" ], "lang": { "en-us": { "role": { "documentation": "Short to medium-term investment available at banks and savings and loan institutions where a customer agrees to lend money to the institution for a certain amount of time and is paid a predetermined rate of interest. Certificates of deposit (CD) are typically Federal Deposit Insurance Corporation (FDIC) insured.", "label": "Certificates of Deposit [Member]", "terseLabel": "Certificate of deposit" } } }, "localname": "CertificatesOfDepositMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommercialPaperMember": { "auth_ref": [ "r319" ], "lang": { "en-us": { "role": { "documentation": "Unsecured promissory note (generally negotiable) that provides institutions with short-term funds.", "label": "Commercial Paper [Member]", "terseLabel": "Commercial paper" } } }, "localname": "CommercialPaperMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommercialPaperNotIncludedWithCashAndCashEquivalentsMember": { "auth_ref": [ "r372", "r549" ], "lang": { "en-us": { "role": { "documentation": "Unsecured promissory note (generally negotiable) that provides institutions with short-term funds that is excluded from cash and cash equivalents.", "label": "Commercial Paper, Not Included with Cash and Cash Equivalents [Member]", "terseLabel": "Commercial paper" } } }, "localname": "CommercialPaperNotIncludedWithCashAndCashEquivalentsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CommitmentsAndContingencies": { "auth_ref": [ "r51", "r305", "r660", "r686" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.", "label": "Commitments and Contingencies", "terseLabel": "Commitments and contingencies (Note 14)" } } }, "localname": "CommitmentsAndContingencies", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Commitments and Contingencies Disclosure [Abstract]", "terseLabel": "Commitments and Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureTextBlock": { "auth_ref": [ "r301", "r302", "r304", "r308" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for commitments and contingencies.", "label": "Commitments and Contingencies Disclosure [Text Block]", "verboseLabel": "Commitments And Contingencies" } } }, "localname": "CommitmentsAndContingenciesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CommonStockCapitalSharesReservedForFutureIssuance": { "auth_ref": [ "r52" ], "lang": { "en-us": { "role": { "documentation": "Aggregate number of common shares reserved for future issuance.", "label": "Common Stock, Capital Shares Reserved for Future Issuance", "terseLabel": "Shares reserved for future issuance (in shares)" } } }, "localname": "CommonStockCapitalSharesReservedForFutureIssuance", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [ "r136", "r137" ], "lang": { "en-us": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]", "terseLabel": "Common Stock" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r20" ], "lang": { "en-us": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common Stock, Par or Stated Value Per Share", "verboseLabel": "Common stock, par value (in dollars per share)" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r20" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Common Stock, Shares Authorized", "terseLabel": "Common stock, shares authorized (in shares)" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r20" ], "lang": { "en-us": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common Stock, Shares, Issued", "terseLabel": "Common stock, shares issued (in shares)" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r20", "r324" ], "lang": { "en-us": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common Stock, Shares, Outstanding", "verboseLabel": "Common stock, shares outstanding (in shares)" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValue": { "auth_ref": [ "r20" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Common Stock, Value, Issued", "terseLabel": "Common stock, $0.0001 par value, 175,000,000 shares authorized; 55,461,246 and 53,427,234 shares issued and outstanding, respectively, at December\u00a031, 2020; 54,743,227 and 53,010,875 shares issued and outstanding, respectively, at December\u00a031, 2019." } } }, "localname": "CommonStockValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CompensationAndEmployeeBenefitPlansTextBlock": { "auth_ref": [ "r369", "r370", "r387", "r438" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans.", "label": "Compensation and Employee Benefit Plans [Text Block]", "terseLabel": "Employee Benefit Plans" } } }, "localname": "CompensationAndEmployeeBenefitPlansTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlans" ], "xbrltype": "textBlockItemType" }, "us-gaap_CompensationRelatedCostsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Compensation Related Costs [Abstract]" } } }, "localname": "CompensationRelatedCostsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_ComprehensiveIncomeNetOfTax": { "auth_ref": [ "r78", "r80", "r81", "r88", "r665", "r692" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income (Loss), Net of Tax, Attributable to Parent", "totalLabel": "Comprehensive income attributable to IPG Photonics Corporation" } } }, "localname": "ComprehensiveIncomeNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest": { "auth_ref": [ "r78", "r80", "r87", "r509", "r510", "r522", "r664", "r691" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income (loss) and other comprehensive income (loss), attributable to noncontrolling interests. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest", "verboseLabel": "Less: comprehensive income attributable to non-controlling interest" } } }, "localname": "ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest": { "auth_ref": [ "r78", "r80", "r86", "r508", "r522", "r663", "r690" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners.", "label": "Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest", "totalLabel": "Comprehensive income" } } }, "localname": "ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ConcentrationRiskBenchmarkDomain": { "auth_ref": [ "r178", "r179", "r210", "r552", "r553" ], "lang": { "en-us": { "role": { "documentation": "The denominator in a calculation of a disclosed concentration risk percentage.", "label": "Concentration Risk Benchmark [Domain]", "verboseLabel": "Concentration Risk Benchmark [Domain]" } } }, "localname": "ConcentrationRiskBenchmarkDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ConcentrationRiskByBenchmarkAxis": { "auth_ref": [ "r178", "r179", "r210", "r552", "r553", "r714" ], "lang": { "en-us": { "role": { "documentation": "Information by benchmark of concentration risk.", "label": "Concentration Risk Benchmark [Axis]", "verboseLabel": "Concentration Risk Benchmark [Axis]" } } }, "localname": "ConcentrationRiskByBenchmarkAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ConcentrationRiskPercentage1": { "auth_ref": [ "r178", "r179", "r210", "r552", "r553" ], "lang": { "en-us": { "role": { "documentation": "For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the \"benchmark\" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.", "label": "Concentration Risk, Percentage", "terseLabel": "Percentage of net sales" } } }, "localname": "ConcentrationRiskPercentage1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ConsolidationPolicyTextBlock": { "auth_ref": [ "r123", "r513" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary.", "label": "Consolidation, Policy [Policy Text Block]", "terseLabel": "Principles of Consolidation" } } }, "localname": "ConsolidationPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_ConstructionInProgressMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Structure or a modification to a structure under construction. Includes recently completed structures or modifications to structures that have not been placed into service.", "label": "Construction in Progress [Member]", "verboseLabel": "Construction-in-progress" } } }, "localname": "ConstructionInProgressMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ContractTerminationMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Termination of a contract associated with exit from or disposal of business activities or restructurings pursuant to a plan.", "label": "Contract Termination [Member]", "terseLabel": "Contract Cancellations" } } }, "localname": "ContractTerminationMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock": { "auth_ref": [ "r335" ], "lang": { "en-us": { "role": { "documentation": "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.", "label": "Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]", "terseLabel": "Changes in Contract Assets and Liabilities" } } }, "localname": "ContractWithCustomerAssetAndLiabilityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ContractWithCustomerAssetNetAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Contract with Customer, Asset, after Allowance for Credit Loss [Abstract]", "verboseLabel": "Contract assets" } } }, "localname": "ContractWithCustomerAssetNetAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ContractWithCustomerAssetNetCurrent": { "auth_ref": [ "r332", "r334", "r355" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, classified as current.", "label": "Contract with Customer, Asset, after Allowance for Credit Loss, Current", "verboseLabel": "Contract assets" } } }, "localname": "ContractWithCustomerAssetNetCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerLiabilityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Contract with Customer, Liability [Abstract]", "verboseLabel": "Contract liabilities" } } }, "localname": "ContractWithCustomerLiabilityAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ContractWithCustomerLiabilityCurrent": { "auth_ref": [ "r332", "r333", "r355" ], "calculation": { "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails": { "order": 1.0, "parentTag": "us-gaap_AccruedLiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current.", "label": "Contract with Customer, Liability, Current", "terseLabel": "Contract liabilities", "verboseLabel": "Contract liabilities - current" } } }, "localname": "ContractWithCustomerLiabilityCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerLiabilityNoncurrent": { "auth_ref": [ "r332", "r333", "r355" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as noncurrent.", "label": "Contract with Customer, Liability, Noncurrent", "terseLabel": "Contract liabilities - long-term" } } }, "localname": "ContractWithCustomerLiabilityNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ContractWithCustomerLiabilityRevenueRecognized": { "auth_ref": [ "r356" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of revenue recognized that was previously included in balance of obligation to transfer good or service to customer for which consideration from customer has been received or is due.", "label": "Contract with Customer, Liability, Revenue Recognized", "terseLabel": "Revenue recognized that was included in the contract liability balance at the beginning of the period" } } }, "localname": "ContractWithCustomerLiabilityRevenueRecognized", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CorporateDebtSecuritiesMember": { "auth_ref": [ "r372", "r380", "r713" ], "lang": { "en-us": { "role": { "documentation": "Debt securities issued by domestic or foreign corporate business, banks and other entities with a promise of repayment.", "label": "Corporate Debt Securities [Member]", "terseLabel": "Corporate bonds" } } }, "localname": "CorporateDebtSecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CostOfRevenue": { "auth_ref": [ "r93", "r125", "r228", "r554" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_GrossProfit", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate cost of goods produced and sold and services rendered during the reporting period.", "label": "Cost of Revenue", "terseLabel": "Cost of sales" } } }, "localname": "CostOfRevenue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_CostOfSalesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption encompassing cost of sales.", "label": "Cost of Sales [Member]", "verboseLabel": "Cost of sales" } } }, "localname": "CostOfSalesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CostsAssociatedWithExitOrDisposalActivitiesOrRestructuringsPolicyTextBlock": { "auth_ref": [ "r123", "r293", "r294", "r299" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for recognizing and reporting costs associated with exiting, disposing of, and restructuring certain operations.", "label": "Costs Associated with Exit or Disposal Activities or Restructurings, Policy [Policy Text Block]", "terseLabel": "Restructuring" } } }, "localname": "CostsAssociatedWithExitOrDisposalActivitiesOrRestructuringsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_CreditFacilityAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.", "label": "Credit Facility [Axis]", "terseLabel": "Credit Facility [Axis]" } } }, "localname": "CreditFacilityAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_CreditFacilityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Type of credit facility. Credit facilities provide capital to borrowers without the need to structure a loan for each borrowing.", "label": "Credit Facility [Domain]", "terseLabel": "Credit Facility [Domain]" } } }, "localname": "CreditFacilityDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_CurrentFederalTaxExpenseBenefit": { "auth_ref": [ "r126", "r470", "r480" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 3.0, "parentTag": "us-gaap_CurrentIncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of current federal tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Current Federal Tax Expense (Benefit)", "terseLabel": "Federal" } } }, "localname": "CurrentFederalTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CurrentForeignTaxExpenseBenefit": { "auth_ref": [ "r131", "r470" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 1.0, "parentTag": "us-gaap_CurrentIncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of current foreign income tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Current Foreign Tax Expense (Benefit)", "terseLabel": "Foreign" } } }, "localname": "CurrentForeignTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CurrentIncomeTaxExpenseBenefit": { "auth_ref": [ "r126", "r470", "r480", "r482" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 2.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of current income tax expense (benefit) pertaining to taxable income (loss) from continuing operations.", "label": "Current Income Tax Expense (Benefit)", "totalLabel": "Total current" } } }, "localname": "CurrentIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CurrentStateAndLocalTaxExpenseBenefit": { "auth_ref": [ "r126", "r470", "r480" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 2.0, "parentTag": "us-gaap_CurrentIncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of current state and local tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Current State and Local Tax Expense (Benefit)", "terseLabel": "State" } } }, "localname": "CurrentStateAndLocalTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_CustomerRelationshipsMember": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "Customer relationship that exists between an entity and its customer, for example, but not limited to, tenant relationships.", "label": "Customer Relationships [Member]", "verboseLabel": "Customer relationships" } } }, "localname": "CustomerRelationshipsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DebtDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Debt Disclosure [Abstract]" } } }, "localname": "DebtDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_DebtDisclosureTextBlock": { "auth_ref": [ "r323" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.", "label": "Debt Disclosure [Text Block]", "verboseLabel": "Financing Arrangements" } } }, "localname": "DebtDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangements" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtInstrumentAxis": { "auth_ref": [ "r15", "r17", "r18", "r650", "r652", "r675" ], "lang": { "en-us": { "role": { "documentation": "Information by type of debt instrument, including, but not limited to, draws against credit facilities.", "label": "Debt Instrument [Axis]", "verboseLabel": "Debt Instrument [Axis]" } } }, "localname": "DebtInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentBasisSpreadOnVariableRate1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Percentage points added to the reference rate to compute the variable rate on the debt instrument.", "label": "Debt Instrument, Basis Spread on Variable Rate", "verboseLabel": "Spread on variable rate" } } }, "localname": "DebtInstrumentBasisSpreadOnVariableRate1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentInterestRateStatedPercentage": { "auth_ref": [ "r48" ], "lang": { "en-us": { "role": { "documentation": "Contractual interest rate for funds borrowed, under the debt agreement.", "label": "Debt Instrument, Interest Rate, Stated Percentage", "verboseLabel": "Interest rate" } } }, "localname": "DebtInstrumentInterestRateStatedPercentage", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DebtInstrumentNameDomain": { "auth_ref": [ "r49" ], "lang": { "en-us": { "role": { "documentation": "The name for the particular debt instrument or borrowing that distinguishes it from other debt instruments or borrowings, including draws against credit facilities.", "label": "Debt Instrument, Name [Domain]", "verboseLabel": "Debt Instrument, Name [Domain]" } } }, "localname": "DebtInstrumentNameDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]", "verboseLabel": "Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]" } } }, "localname": "DeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DeferredFederalIncomeTaxExpenseBenefit": { "auth_ref": [ "r126", "r471", "r480" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 3.0, "parentTag": "us-gaap_DeferredIncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Deferred Federal Income Tax Expense (Benefit)", "terseLabel": "Federal" } } }, "localname": "DeferredFederalIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Deferred Federal, State and Local, Tax Expense (Benefit) [Abstract]", "verboseLabel": "Deferred:" } } }, "localname": "DeferredFederalStateAndLocalTaxExpenseBenefitAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DeferredForeignIncomeTaxExpenseBenefit": { "auth_ref": [ "r126", "r471", "r480" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 1.0, "parentTag": "us-gaap_DeferredIncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred foreign income tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Deferred Foreign Income Tax Expense (Benefit)", "terseLabel": "Foreign" } } }, "localname": "DeferredForeignIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredIncomeTaxAssetsNet": { "auth_ref": [ "r446", "r447" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, with jurisdictional netting.", "label": "Deferred Income Tax Assets, Net", "terseLabel": "Deferred income taxes, net" } } }, "localname": "DeferredIncomeTaxAssetsNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredIncomeTaxExpenseBenefit": { "auth_ref": [ "r117", "r126", "r471", "r480", "r481", "r482" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 1.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Deferred Income Tax Expense (Benefit)", "totalLabel": "Total deferred" } } }, "localname": "DeferredIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred tax liability attributable to taxable temporary differences, after deferred tax asset, and other liabilities expected to be paid after one year or operating cycle, if longer.", "label": "Deferred Income Taxes and Other Liabilities, Noncurrent", "terseLabel": "Deferred income taxes and other long-term liabilities" } } }, "localname": "DeferredIncomeTaxesAndOtherLiabilitiesNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit": { "auth_ref": [ "r126", "r471", "r480" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": 2.0, "parentTag": "us-gaap_DeferredIncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred state and local tax expense (benefit) pertaining to income (loss) from continuing operations.", "label": "Deferred State and Local Income Tax Expense (Benefit)", "terseLabel": "State" } } }, "localname": "DeferredStateAndLocalIncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsInventory": { "auth_ref": [ "r468", "r469" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 2.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from inventory.", "label": "Deferred Tax Assets, Inventory", "terseLabel": "Inventory provisions" } } }, "localname": "DeferredTaxAssetsInventory", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsLiabilitiesNet": { "auth_ref": [ "r463" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting.", "label": "Deferred Tax Assets, Net", "totalLabel": "Net deferred tax assets" } } }, "localname": "DeferredTaxAssetsLiabilitiesNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsOperatingLossCarryforwards": { "auth_ref": [ "r468", "r469" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 7.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards.", "label": "Deferred Tax Assets, Operating Loss Carryforwards", "verboseLabel": "Net operating loss carryforwards" } } }, "localname": "DeferredTaxAssetsOperatingLossCarryforwards", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsTaxCreditCarryforwardsOther": { "auth_ref": [ "r466", "r468", "r469" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 5.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, before allocation of valuation allowance, of deferred tax asset attributable to deductible tax credit carryforwards, classified as other.", "label": "Deferred Tax Assets, Tax Credit Carryforwards, Other", "terseLabel": "Other tax credits" } } }, "localname": "DeferredTaxAssetsTaxCreditCarryforwardsOther", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation": { "auth_ref": [ "r468", "r469" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 6.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from employee compensation.", "label": "Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Compensation", "terseLabel": "Deferred compensation" } } }, "localname": "DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals": { "auth_ref": [ "r468", "r469" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 3.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from reserves and accruals.", "label": "Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals", "terseLabel": "Allowances and accrued liabilities" } } }, "localname": "DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxAssetsValuationAllowance": { "auth_ref": [ "r462" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 8.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.", "label": "Deferred Tax Assets, Valuation Allowance", "negatedTerseLabel": "Valuation allowance" } } }, "localname": "DeferredTaxAssetsValuationAllowance", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment": { "auth_ref": [ "r468", "r469" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails": { "order": 1.0, "parentTag": "us-gaap_DeferredTaxAssetsLiabilitiesNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment.", "label": "Deferred Tax Liabilities, Property, Plant and Equipment", "negatedLabel": "Property, plant and equipment" } } }, "localname": "DeferredTaxLiabilitiesPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesDeferredTaxAssetsAndLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DefinedContributionPlanCostRecognized": { "auth_ref": [ "r381" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cost for defined contribution plan.", "label": "Defined Contribution Plan, Cost", "terseLabel": "Compensation expense" } } }, "localname": "DefinedContributionPlanCostRecognized", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_Depreciation": { "auth_ref": [ "r117", "r282" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.", "label": "Depreciation", "terseLabel": "Depreciation" } } }, "localname": "Depreciation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DepreciationDepletionAndAmortization": { "auth_ref": [ "r117", "r187" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.", "label": "Depreciation, Depletion and Amortization", "verboseLabel": "Depreciation and amortization" } } }, "localname": "DepreciationDepletionAndAmortization", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeContractTypeDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Financial instrument or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset.", "label": "Derivative Contract [Domain]", "verboseLabel": "Derivative Contract [Domain]" } } }, "localname": "DerivativeContractTypeDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails", "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral": { "auth_ref": [ "r60", "r62", "r64", "r539" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value, after offset of derivative liability, of financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, before offset against an obligation to return collateral under a master netting arrangement. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.", "label": "Derivative Asset, Fair Value, Amount Not Offset Against Collateral", "terseLabel": "Other assets" } } }, "localname": "DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral": { "auth_ref": [ "r60", "r62", "r64", "r539" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value, after offset of derivative asset, of financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, elected not to be and before offset against a right to receive collateral under a master netting arrangement. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.", "label": "Derivative Liability, Fair Value, Amount Not Offset Against Collateral", "terseLabel": "Deferred income taxes and other long-term liabilities" } } }, "localname": "DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral": { "auth_ref": [ "r61", "r63", "r538" ], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesFairValueDisclosure", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value, after effects of master netting arrangements, of financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset offset against the right to receive collateral. Includes liabilities not subject to a master netting arrangement and not elected to be offset.", "label": "Derivative Liability, Fair Value, Amount Offset Against Collateral", "terseLabel": "Interest rate swap" } } }, "localname": "DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativeFixedInterestRate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fixed interest rate related to the interest rate derivative.", "label": "Derivative, Fixed Interest Rate", "verboseLabel": "Fixed interest rate" } } }, "localname": "DerivativeFixedInterestRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "percentItemType" }, "us-gaap_DerivativeGainLossOnDerivativeNetAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Derivative, Gain (Loss) on Derivative, Net [Abstract]", "terseLabel": "Effective portion recognized in other comprehensive income (loss), pretax:" } } }, "localname": "DerivativeGainLossOnDerivativeNetAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentRiskAxis": { "auth_ref": [ "r528", "r530", "r533", "r536" ], "lang": { "en-us": { "role": { "documentation": "Information by type of derivative contract.", "label": "Derivative Instrument [Axis]", "verboseLabel": "Derivative Instrument [Axis]" } } }, "localname": "DerivativeInstrumentRiskAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails", "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Derivative Instruments and Hedging Activities Disclosure [Abstract]" } } }, "localname": "DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock": { "auth_ref": [ "r543" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.", "label": "Derivative Instruments and Hedging Activities Disclosure [Text Block]", "terseLabel": "Derivative Instruments" } } }, "localname": "DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstruments" ], "xbrltype": "textBlockItemType" }, "us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable": { "auth_ref": [ "r526", "r528", "r533", "r536", "r537", "r540", "r541" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.", "label": "Derivative Instruments, Gain (Loss) [Table]", "terseLabel": "Derivative Instruments, Gain (Loss) [Table]" } } }, "localname": "DerivativeInstrumentsGainLossByHedgingRelationshipByIncomeStatementLocationByDerivativeInstrumentRiskTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeInstrumentsGainLossLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Derivative Instruments, Gain (Loss) [Line Items]", "terseLabel": "Derivative Instruments, Gain (Loss) [Line Items]" } } }, "localname": "DerivativeInstrumentsGainLossLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativeNotionalAmount": { "auth_ref": [ "r524", "r525" ], "lang": { "en-us": { "role": { "documentation": "Nominal or face amount used to calculate payment on derivative.", "label": "Derivative, Notional Amount", "terseLabel": "Notional amounts" } } }, "localname": "DerivativeNotionalAmount", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativesFairValueLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Derivatives, Fair Value [Line Items]", "terseLabel": "Derivatives, Fair Value [Line Items]" } } }, "localname": "DerivativesFairValueLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DerivativesReportingOfDerivativeActivity": { "auth_ref": [ "r123", "r523" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for derivatives entered into for trading purposes and those entered into for purposes other than trading including where and when derivative financial instruments and derivative commodity instruments and their related gains or losses are reported in the entity's statements of financial position, cash flows, and results of operations.", "label": "Derivatives, Reporting of Derivative Activity [Policy Text Block]", "terseLabel": "Derivative Instruments" } } }, "localname": "DerivativesReportingOfDerivativeActivity", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_DesignatedAsHedgingInstrumentMember": { "auth_ref": [ "r526" ], "lang": { "en-us": { "role": { "documentation": "Derivative instrument designated as hedging instrument under Generally Accepted Accounting Principles (GAAP).", "label": "Designated as Hedging Instrument [Member]", "terseLabel": "Designated as cash flow hedge" } } }, "localname": "DesignatedAsHedgingInstrumentMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_DisaggregationOfRevenueLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Disaggregation of Revenue [Line Items]", "terseLabel": "Disaggregation of Revenue [Line Items]" } } }, "localname": "DisaggregationOfRevenueLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DisaggregationOfRevenueTable": { "auth_ref": [ "r354", "r358", "r359", "r360", "r361", "r362", "r363", "r364" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.", "label": "Disaggregation of Revenue [Table]", "verboseLabel": "Disaggregation of Revenue [Table]" } } }, "localname": "DisaggregationOfRevenueTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_DisaggregationOfRevenueTableTextBlock": { "auth_ref": [ "r354" ], "lang": { "en-us": { "role": { "documentation": "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.", "label": "Disaggregation of Revenue [Table Text Block]", "terseLabel": "Disaggregation of Revenue" } } }, "localname": "DisaggregationOfRevenueTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock": { "auth_ref": [ "r438" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for share-based payment arrangement.", "label": "Share-based Payment Arrangement [Text Block]", "terseLabel": "Stock-Based Compensation" } } }, "localname": "DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensation" ], "xbrltype": "textBlockItemType" }, "us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Share-based Payment Arrangement [Abstract]", "terseLabel": "Disclosure of Compensation Related Costs, Share-based Payments [Abstract]" } } }, "localname": "DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_Dividends": { "auth_ref": [ "r329", "r671" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock.", "label": "Dividends", "terseLabel": "Dividends" } } }, "localname": "Dividends", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EarningsPerShareAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Earnings Per Share [Abstract]", "verboseLabel": "Net income attributable to IPG Photonics Corporation per share:" } } }, "localname": "EarningsPerShareAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_EarningsPerShareBasic": { "auth_ref": [ "r89", "r145", "r146", "r147", "r148", "r149", "r153", "r156", "r159", "r160", "r161", "r165", "r166", "r666", "r693" ], "lang": { "en-us": { "role": { "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.", "label": "Earnings Per Share, Basic", "netLabel": "Net income (loss) per share, basic (in dollars per share)", "terseLabel": "Basic (in dollars per share)", "verboseLabel": "Basic net income attributable to common stockholders (in dollars per share)" } } }, "localname": "EarningsPerShareBasic", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails", "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerShareDiluted": { "auth_ref": [ "r89", "r145", "r146", "r147", "r148", "r149", "r156", "r159", "r160", "r161", "r165", "r166", "r666", "r693" ], "lang": { "en-us": { "role": { "documentation": "The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.", "label": "Earnings Per Share, Diluted", "netLabel": "Net income (loss) per share, diluted (in dollars per share)", "terseLabel": "Diluted (in dollars per share)", "verboseLabel": "Diluted net income attributable to common stockholders (in dollars per share)" } } }, "localname": "EarningsPerShareDiluted", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails", "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerSharePolicyTextBlock": { "auth_ref": [ "r123", "r162", "r163" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.", "label": "Earnings Per Share, Policy [Policy Text Block]", "terseLabel": "Earnings Per Share" } } }, "localname": "EarningsPerSharePolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_EarningsPerShareTextBlock": { "auth_ref": [ "r162", "r163", "r164", "r167" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for earnings per share.", "label": "Earnings Per Share [Text Block]", "verboseLabel": "Net Income Attributable To IPG Photonics Corporation Per Share" } } }, "localname": "EarningsPerShareTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShare" ], "xbrltype": "textBlockItemType" }, "us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents": { "auth_ref": [ "r559" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) from effect of exchange rate changes on cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; held in foreign currencies. Excludes amounts for disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents", "terseLabel": "Effect of changes in exchange rates on cash, cash equivalents and restricted cash" } } }, "localname": "EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount": { "auth_ref": [ "r437", "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 4.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying domestic federal statutory income tax rate to pretax income (loss) from continuing operation, attributable to expense for award under share-based payment arrangement. Excludes expense determined to be nondeductible upon grant or after for award under share-based payment arrangement.", "label": "Effective Income Tax Rate Reconciliation, Tax Expense (Benefit), Share-based Payment Arrangement, Amount", "terseLabel": "Stock-based compensation - tax benefit" } } }, "localname": "EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EmployeeRelatedLiabilitiesCurrent": { "auth_ref": [ "r46" ], "calculation": { "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails": { "order": 2.0, "parentTag": "us-gaap_AccruedLiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Employee-related Liabilities, Current", "terseLabel": "Accrued compensation" } } }, "localname": "EmployeeRelatedLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]", "verboseLabel": "Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]" } } }, "localname": "EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized": { "auth_ref": [ "r422" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cost not yet recognized for nonvested award under share-based payment arrangement.", "label": "Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount", "terseLabel": "Compensation cost not yet recognized" } } }, "localname": "EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1": { "auth_ref": [ "r422" ], "lang": { "en-us": { "role": { "documentation": "Weighted-average period over which cost not yet recognized is expected to be recognized for award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition", "terseLabel": "Compensation cost not yet recognized, period of recognition" } } }, "localname": "EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense": { "auth_ref": [ "r421" ], "calculation": { "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails": { "order": 1.0, "parentTag": "us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of tax benefit for recognition of expense of award under share-based payment arrangement.", "label": "Share-based Payment Arrangement, Expense, Tax Benefit", "negatedTerseLabel": "Tax benefit recognized" } } }, "localname": "EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_EmployeeSeveranceMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Termination of an employee associated with exit from or disposal of business activities or restructurings pursuant to a plan.", "label": "Employee Severance [Member]", "terseLabel": "Severance and Employee Benefit Costs" } } }, "localname": "EmployeeSeveranceMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "domainItemType" }, "us-gaap_EmployeeStockMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "An Employee Stock Purchase Plan is a tax-efficient means by which employees of a corporation can purchase the corporation's stock.", "label": "Employee Stock [Member]", "verboseLabel": "Employee Stock" } } }, "localname": "EmployeeStockMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "domainItemType" }, "us-gaap_EmployeeStockOptionMember": { "auth_ref": [ "r419" ], "lang": { "en-us": { "role": { "documentation": "Share-based payment arrangement granting right, subject to vesting and other restrictions, to purchase or sell certain number of shares at predetermined price for specified period of time.", "label": "Share-based Payment Arrangement, Option [Member]", "terseLabel": "Stock option" } } }, "localname": "EmployeeStockOptionMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails" ], "xbrltype": "domainItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r136", "r137", "r138", "r141", "r150", "r152", "r173", "r233", "r324", "r329", "r429", "r430", "r431", "r476", "r477", "r560", "r561", "r562", "r563", "r564", "r566", "r702", "r703", "r704" ], "lang": { "en-us": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc.", "label": "Equity Component [Domain]", "terseLabel": "Equity Component [Domain]", "verboseLabel": "Equity Component [Domain]" } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]", "verboseLabel": "Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable": { "auth_ref": [ "r544", "r545", "r546", "r551" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about asset and liability measured at fair value on recurring and nonrecurring basis.", "label": "Fair Value, Recurring and Nonrecurring [Table]", "terseLabel": "Fair Value Measurements, Recurring and Nonrecurring [Table]" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock": { "auth_ref": [ "r544", "r545", "r546", "r550", "r551" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.", "label": "Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]", "terseLabel": "Assets and Liabilities Measured at Fair Value" } } }, "localname": "FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain": { "auth_ref": [ "r547" ], "lang": { "en-us": { "role": { "documentation": "Class of asset.", "label": "Asset Class [Domain]", "verboseLabel": "Asset Class [Domain]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationByAssetClassDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]", "verboseLabel": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock": { "auth_ref": [ "r547", "r551" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.", "label": "Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]", "terseLabel": "Fair Value, Assets Measured on Recurring Basis" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByAssetClassAxis": { "auth_ref": [ "r544", "r551" ], "lang": { "en-us": { "role": { "documentation": "Information by class of asset.", "label": "Asset Class [Axis]", "verboseLabel": "Asset Class [Axis]" } } }, "localname": "FairValueByAssetClassAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r372", "r373", "r374", "r375", "r376", "r377", "r378", "r380", "r545", "r601", "r602", "r603" ], "lang": { "en-us": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value Hierarchy and NAV [Axis]", "verboseLabel": "Fair Value Hierarchy and NAV [Axis]" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresTextBlock": { "auth_ref": [ "r549" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.", "label": "Fair Value Disclosures [Text Block]", "terseLabel": "Fair Value Measurements" } } }, "localname": "FairValueDisclosuresTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurements" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueInputsLevel1Member": { "auth_ref": [ "r372", "r373", "r378", "r380", "r545", "r601" ], "lang": { "en-us": { "role": { "documentation": "Quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date.", "label": "Fair Value, Inputs, Level 1 [Member]", "terseLabel": "Level\u00a01" } } }, "localname": "FairValueInputsLevel1Member", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel2Member": { "auth_ref": [ "r372", "r373", "r378", "r380", "r545", "r602" ], "lang": { "en-us": { "role": { "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets.", "label": "Fair Value, Inputs, Level 2 [Member]", "terseLabel": "Level\u00a02" } } }, "localname": "FairValueInputsLevel2Member", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel3Member": { "auth_ref": [ "r372", "r373", "r374", "r375", "r376", "r377", "r378", "r380", "r545", "r603" ], "lang": { "en-us": { "role": { "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Inputs, Level 3 [Member]", "terseLabel": "Level\u00a03" } } }, "localname": "FairValueInputsLevel3Member", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]", "terseLabel": "Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]" } } }, "localname": "FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationCalculationRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock": { "auth_ref": [ "r547", "r551" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.", "label": "Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]", "terseLabel": "Fair Value, Liabilities Measured on Recurring Basis" } } }, "localname": "FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements": { "auth_ref": [ "r548" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of purchases, (sales), issuances and (settlements) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Purchases, (Sales), Issuances, (Settlements)", "terseLabel": "Redemptions" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue": { "auth_ref": [ "r547" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset Value", "periodEndLabel": "Balance, December\u00a031", "periodStartLabel": "Balance, January\u00a01" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements": { "auth_ref": [ "r548" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of purchases, (sales), issuances and (settlements) of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases, (Sales), Issuances, (Settlements)", "terseLabel": "Period transactions" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements": { "auth_ref": [ "r548" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of settlements of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements", "negatedLabel": "Cash payments" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue": { "auth_ref": [ "r547" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability Value", "periodEndLabel": "Balance, December\u00a031", "periodStartLabel": "Balance, January\u00a01" } } }, "localname": "FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [ "r372", "r373", "r374", "r375", "r376", "r377", "r378", "r380", "r601", "r602", "r603" ], "lang": { "en-us": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value.", "label": "Fair Value Hierarchy and NAV [Domain]", "verboseLabel": "Fair Value Hierarchy and NAV [Domain]" } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable": { "auth_ref": [ "r527", "r532", "r540" ], "lang": { "en-us": { "role": { "documentation": "Schedule that discloses the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.", "label": "Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]", "verboseLabel": "Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]" } } }, "localname": "FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FederalIncomeTaxExpenseBenefitContinuingOperationsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Federal Income Tax Expense (Benefit), Continuing Operations [Abstract]", "terseLabel": "Current:" } } }, "localname": "FederalIncomeTaxExpenseBenefitContinuingOperationsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FinancialInstrumentAxis": { "auth_ref": [ "r224", "r225", "r237", "r240", "r241", "r242", "r243", "r244", "r245", "r246", "r247", "r598", "r599", "r600", "r601", "r602", "r603", "r604", "r605", "r606", "r607", "r608", "r609", "r610", "r611", "r612", "r613", "r614", "r615", "r616", "r617", "r618", "r619", "r620", "r621", "r622", "r623", "r624", "r625", "r626", "r627" ], "lang": { "en-us": { "role": { "documentation": "Information by type of financial instrument.", "label": "Financial Instrument [Axis]", "verboseLabel": "Financial Instrument [Axis]" } } }, "localname": "FinancialInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FiniteLivedIntangibleAssetUsefulLife": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Finite-Lived Intangible Asset, Useful Life", "verboseLabel": "Intangible asset, useful life" } } }, "localname": "FiniteLivedIntangibleAssetUsefulLife", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization": { "auth_ref": [ "r275" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails": { "order": 1.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.", "label": "Finite-Lived Intangible Assets, Accumulated Amortization", "negatedTerseLabel": "Accumulated Amortization" } } }, "localname": "FiniteLivedIntangibleAssetsAccumulatedAmortization", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTable": { "auth_ref": [ "r268" ], "lang": { "en-us": { "role": { "documentation": "A table containing detailed characteristics of finite-lived intangible assets acquired during a business combination. Finite-lived intangible assets are assets that have no physical form, but have expected future economic benefit, and are expected to be used over a defined period. Acquired finite-lived intangible assets are disclosed by major class (assets that can be grouped together because they are similar, either by their nature or by their use in operations of the Entity) and in total. Additionally, any significant residual value (the expected value of the asset at the end of its useful life) and the weighted-average amortization period are also disclosed.", "label": "Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table]", "terseLabel": "Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table]" } } }, "localname": "FiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": 1.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization for asset, excluding financial asset and goodwill, lacking physical substance with finite life expected to be recognized after fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Finite-Lived Intangible Asset, Expected Amortization, after Year Five", "terseLabel": "Thereafter" } } }, "localname": "FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths": { "auth_ref": [ "r277" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": 6.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Finite-Lived Intangible Asset, Expected Amortization, Year One", "terseLabel": "2021" } } }, "localname": "FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive": { "auth_ref": [ "r277" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": 2.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Finite-Lived Intangible Asset, Expected Amortization, Year Five", "terseLabel": "2025" } } }, "localname": "FiniteLivedIntangibleAssetsAmortizationExpenseYearFive", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour": { "auth_ref": [ "r277" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": 3.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Finite-Lived Intangible Asset, Expected Amortization, Year Four", "terseLabel": "2024" } } }, "localname": "FiniteLivedIntangibleAssetsAmortizationExpenseYearFour", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree": { "auth_ref": [ "r277" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": 4.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Finite-Lived Intangible Asset, Expected Amortization, Year Three", "terseLabel": "2023" } } }, "localname": "FiniteLivedIntangibleAssetsAmortizationExpenseYearThree", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo": { "auth_ref": [ "r277" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": 5.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of amortization for assets, excluding financial assets and goodwill, lacking physical substance with finite life expected to be recognized in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Finite-Lived Intangible Asset, Expected Amortization, Year Two", "terseLabel": "2022" } } }, "localname": "FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis": { "auth_ref": [ "r268", "r271", "r275", "r278", "r630", "r634" ], "lang": { "en-us": { "role": { "documentation": "Information by major type or class of finite-lived intangible assets.", "label": "Finite-Lived Intangible Assets by Major Class [Axis]", "verboseLabel": "Finite-Lived Intangible Assets by Major Class [Axis]" } } }, "localname": "FiniteLivedIntangibleAssetsByMajorClassAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FiniteLivedIntangibleAssetsGross": { "auth_ref": [ "r275", "r634" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails": { "order": 2.0, "parentTag": "us-gaap_FiniteLivedIntangibleAssetsNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.", "label": "Finite-Lived Intangible Assets, Gross", "terseLabel": "Gross Carrying Amount" } } }, "localname": "FiniteLivedIntangibleAssetsGross", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FiniteLivedIntangibleAssetsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Finite-Lived Intangible Assets [Line Items]", "terseLabel": "Finite-Lived Intangible Assets [Line Items]" } } }, "localname": "FiniteLivedIntangibleAssetsLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain": { "auth_ref": [ "r268", "r274" ], "lang": { "en-us": { "role": { "documentation": "The major class of finite-lived intangible asset (for example, patents, trademarks, copyrights, etc.) A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.", "label": "Finite-Lived Intangible Assets, Major Class Name [Domain]", "verboseLabel": "Finite-Lived Intangible Assets, Major Class Name [Domain]" } } }, "localname": "FiniteLivedIntangibleAssetsMajorClassNameDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FiniteLivedIntangibleAssetsNet": { "auth_ref": [ "r275", "r630" ], "calculation": { "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.", "label": "Finite-Lived Intangible Assets, Net", "totalLabel": "Net Carrying Amount" } } }, "localname": "FiniteLivedIntangibleAssetsNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsEstimatedFutureAmortizationExpenseForIntangiblesDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_FinitelivedIntangibleAssetsAcquired1": { "auth_ref": [ "r269" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase in assets, excluding financial assets, lacking physical substance with a definite life, from an acquisition.", "label": "Finite-lived Intangible Assets Acquired", "verboseLabel": "Intangible assets acquired" } } }, "localname": "FinitelivedIntangibleAssetsAcquired1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForeignCountryMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Designated tax departments of governments entitled to levy and collect income taxes from the entity outside the entity's country of domicile.", "label": "Foreign Tax Authority [Member]", "verboseLabel": "Foreign" } } }, "localname": "ForeignCountryMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ForeignCurrencyTransactionGainLossBeforeTax": { "auth_ref": [ "r555", "r556", "r557", "r558" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 6.0, "parentTag": "us-gaap_OperatingExpenses", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement.", "label": "Foreign Currency Transaction Gain (Loss), before Tax", "negatedLabel": "Loss (gain) on foreign exchange" } } }, "localname": "ForeignCurrencyTransactionGainLossBeforeTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForeignCurrencyTransactionGainLossUnrealized": { "auth_ref": [ "r118", "r557", "r558" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement.", "label": "Foreign Currency Transaction Gain (Loss), Unrealized", "negatedTerseLabel": "Unrealized losses (gains) on foreign currency transactions" } } }, "localname": "ForeignCurrencyTransactionGainLossUnrealized", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock": { "auth_ref": [ "r123", "r568" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy.", "label": "Foreign Currency Transactions and Translations Policy [Policy Text Block]", "terseLabel": "Foreign Currency" } } }, "localname": "ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_FurnitureAndFixturesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Equipment commonly used in offices and stores that have no permanent connection to the structure of a building or utilities. Examples include, but are not limited to, desks, chairs, tables, and bookcases.", "label": "Furniture and Fixtures [Member]", "verboseLabel": "Office furniture and fixtures" } } }, "localname": "FurnitureAndFixturesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "domainItemType" }, "us-gaap_GeneralAndAdministrativeExpense": { "auth_ref": [ "r94" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 3.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.", "label": "General and Administrative Expense", "terseLabel": "General and administrative" } } }, "localname": "GeneralAndAdministrativeExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_GeneralAndAdministrativeExpenseMember": { "auth_ref": [ "r90" ], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption encompassing general and administrative expense.", "label": "General and Administrative Expense [Member]", "verboseLabel": "General and administrative" } } }, "localname": "GeneralAndAdministrativeExpenseMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_Goodwill": { "auth_ref": [ "r253", "r255", "r648" ], "calculation": { "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails": { "order": 1.0, "parentTag": "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet", "weight": 1.0 }, "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.", "label": "Goodwill", "periodEndLabel": "Balance at December 31", "periodStartLabel": "Balance at January\u00a01", "terseLabel": "Goodwill", "verboseLabel": "Goodwill" } } }, "localname": "Goodwill", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails", "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GoodwillAcquiredDuringPeriod": { "auth_ref": [ "r257" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination.", "label": "Goodwill, Acquired During Period", "terseLabel": "Goodwill acquired", "verboseLabel": "Goodwill arising from business combinations" } } }, "localname": "GoodwillAcquiredDuringPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Goodwill and Intangible Assets Disclosure [Abstract]" } } }, "localname": "GoodwillAndIntangibleAssetsDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock": { "auth_ref": [ "r279" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for goodwill and intangible assets.", "label": "Goodwill and Intangible Assets Disclosure [Text Block]", "verboseLabel": "Goodwill And Intangible Assets" } } }, "localname": "GoodwillAndIntangibleAssetsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssets" ], "xbrltype": "textBlockItemType" }, "us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy": { "auth_ref": [ "r123", "r262" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for goodwill. This accounting policy also may address how an entity assesses and measures impairment of goodwill, how reporting units are determined, how goodwill is allocated to such units, and how the fair values of the reporting units are determined.", "label": "Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]", "terseLabel": "Goodwill" } } }, "localname": "GoodwillAndIntangibleAssetsGoodwillPolicy", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_GoodwillAndIntangibleAssetsIntangibleAssetsPolicy": { "auth_ref": [ "r123", "r272" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for intangible assets. This accounting policy may address both intangible assets subject to amortization and those that are not. The following also may be disclosed: (1) a description of intangible assets (2) the estimated useful lives of those assets (3) the amortization method used (4) how the entity assesses and measures impairment of such assets (5) how future cash flows are estimated (6) how the fair values of such asset are determined.", "label": "Goodwill and Intangible Assets, Intangible Assets, Policy [Policy Text Block]", "terseLabel": "Intangible Assets" } } }, "localname": "GoodwillAndIntangibleAssetsIntangibleAssetsPolicy", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_GoodwillForeignCurrencyTranslationGainLoss": { "auth_ref": [ "r259" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of foreign currency translation gain (loss) which increases (decreases) an asset representing future economic benefits from other assets acquired in a business combination that are not individually identified and separately recognized.", "label": "Goodwill, Foreign Currency Translation Gain (Loss)", "terseLabel": "Foreign exchange adjustment" } } }, "localname": "GoodwillForeignCurrencyTranslationGainLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GoodwillImpairedAccumulatedImpairmentLoss": { "auth_ref": [ "r256", "r261" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of accumulated impairment loss for an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.", "label": "Goodwill, Impaired, Accumulated Impairment Loss", "terseLabel": "Goodwill, impaired, accumulated impairment loss" } } }, "localname": "GoodwillImpairedAccumulatedImpairmentLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GoodwillImpairmentLoss": { "auth_ref": [ "r117", "r254", "r258", "r264" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 4.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of loss from the write-down of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.", "label": "Goodwill, Impairment Loss", "negatedLabel": "Impairment losses", "terseLabel": "Goodwill impairment" } } }, "localname": "GoodwillImpairmentLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails", "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GoodwillLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Goodwill [Line Items]", "terseLabel": "Goodwill [Line Items]" } } }, "localname": "GoodwillLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_GoodwillPurchaseAccountingAdjustments": { "auth_ref": [ "r260", "r490" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) from adjustments after acquisition date under purchase accounting of an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.", "label": "Goodwill, Purchase Accounting Adjustments", "terseLabel": "Adjustments to goodwill during the measurement period" } } }, "localname": "GoodwillPurchaseAccountingAdjustments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GoodwillRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Goodwill [Roll Forward]", "verboseLabel": "Goodwill [Roll Forward]" } } }, "localname": "GoodwillRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsChangesInTheCarryingAmountOfGoodwillDetails" ], "xbrltype": "stringItemType" }, "us-gaap_GrossProfit": { "auth_ref": [ "r92", "r125", "r189", "r197", "r200", "r203", "r205", "r228", "r554" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity.", "label": "Gross Profit", "terseLabel": "Gross profit", "totalLabel": "Gross profit" } } }, "localname": "GrossProfit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_GuaranteeObligationsCurrentCarryingValue": { "auth_ref": [ "r310" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees.", "label": "Guarantor Obligations, Current Carrying Value", "terseLabel": "Guarantees issued" } } }, "localname": "GuaranteeObligationsCurrentCarryingValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_HedgingDesignationAxis": { "auth_ref": [ "r526", "r537" ], "lang": { "en-us": { "role": { "documentation": "Information by designation of purpose of derivative instrument.", "label": "Hedging Designation [Axis]", "terseLabel": "Hedging Designation [Axis]" } } }, "localname": "HedgingDesignationAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_HedgingDesignationDomain": { "auth_ref": [ "r526" ], "lang": { "en-us": { "role": { "documentation": "Designation of purpose of derivative instrument.", "label": "Hedging Designation [Domain]", "terseLabel": "Hedging Designation [Domain]" } } }, "localname": "HedgingDesignationDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]", "terseLabel": "Debt Securities, Held-to-maturity, Maturity, Amortized Cost, Net [Abstract]" } } }, "localname": "HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmountAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsScheduleofEffectiveMaturityDatesofHeldToMaturityInvestmentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue": { "auth_ref": [ "r223", "r226", "r669", "r670" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value of investment in debt security measured at amortized cost (held-to-maturity), with single maturity date and allocated without single maturity date, maturing in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Debt Securities, Held-to-Maturity, Fair Value, Maturity, Allocated and Single Maturity Date, Year One", "terseLabel": "Held-to-maturity Debt Maturities, Less than 1 year, Fair Value" } } }, "localname": "HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsScheduleofEffectiveMaturityDatesofHeldToMaturityInvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount": { "auth_ref": [ "r223", "r669" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of investment in debt security measured at amortized cost (held-to-maturity), with single maturity date and allocated without single maturity date, maturing in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Debt Securities, Held-to-Maturity, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One", "terseLabel": "Held-to-maturity Debt Maturities, Less than 1 year, Book Value" } } }, "localname": "HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsScheduleofEffectiveMaturityDatesofHeldToMaturityInvestmentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_HeldToMaturitySecuritiesTextBlock": { "auth_ref": [ "r224", "r225", "r227" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity).", "label": "Debt Securities, Held-to-maturity [Table Text Block]", "terseLabel": "Maturities of Debt Securities" } } }, "localname": "HeldToMaturitySecuritiesTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf": { "auth_ref": [ "r117", "r281" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale.", "label": "Impairment of Long-Lived Assets to be Disposed of", "terseLabel": "Impairment of long-lived assets" } } }, "localname": "ImpairmentOfLongLivedAssetsToBeDisposedOf", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock": { "auth_ref": [ "r123", "r280", "r287" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for recognizing and measuring the impairment of long-lived assets. An entity also may disclose its accounting policy for long-lived assets to be sold. This policy excludes goodwill and intangible assets.", "label": "Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]", "terseLabel": "Long-Lived Assets" } } }, "localname": "ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic": { "auth_ref": [ "r130", "r483" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails": { "order": 2.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations.", "label": "Income (Loss) from Continuing Operations before Income Taxes, Domestic", "verboseLabel": "U.S." } } }, "localname": "IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign": { "auth_ref": [ "r130", "r483" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails": { "order": 1.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The portion of earnings or loss from continuing operations before income taxes that is attributable to foreign operations, which is defined as Income or Loss generated from operations located outside the entity's country of domicile.", "label": "Income (Loss) from Continuing Operations before Income Taxes, Foreign", "verboseLabel": "Foreign" } } }, "localname": "IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments": { "auth_ref": [ "r130", "r189", "r197", "r200", "r203", "r205" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_ProfitLoss", "weight": 1.0 }, "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments.", "label": "Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest", "totalLabel": "Income before provision for income taxes" } } }, "localname": "IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/IncomeTaxesIncomeBeforeImpactOfIncomeTaxesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeStatementAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Income Statement [Abstract]" } } }, "localname": "IncomeStatementAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementLocationAxis": { "auth_ref": [ "r286" ], "lang": { "en-us": { "role": { "documentation": "Information by location in the income statement.", "label": "Income Statement Location [Axis]", "verboseLabel": "Income Statement Location [Axis]" } } }, "localname": "IncomeStatementLocationAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeStatementLocationDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Location in the income statement.", "label": "Income Statement Location [Domain]", "verboseLabel": "Income Statement Location [Domain]" } } }, "localname": "IncomeStatementLocationDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeTaxAuthorityAxis": { "auth_ref": [ "r453" ], "lang": { "en-us": { "role": { "documentation": "Information by tax jurisdiction.", "label": "Income Tax Authority [Axis]", "verboseLabel": "Income Tax Authority [Axis]" } } }, "localname": "IncomeTaxAuthorityAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxAuthorityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Agency, division or body classification that levies income taxes, examines tax returns for compliance, or grants exemptions from or makes other decisions pertaining to income taxes.", "label": "Income Tax Authority [Domain]", "verboseLabel": "Income Tax Authority [Domain]" } } }, "localname": "IncomeTaxAuthorityDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails", "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeTaxContingencyLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Income Tax Contingency [Line Items]", "verboseLabel": "Income Tax Contingency [Line Items]" } } }, "localname": "IncomeTaxContingencyLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxContingencyTable": { "auth_ref": [ "r454", "r459", "r461", "r473" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.", "label": "Income Tax Contingency [Table]", "verboseLabel": "Income Tax Contingency [Table]" } } }, "localname": "IncomeTaxContingencyTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Income Tax Disclosure [Abstract]" } } }, "localname": "IncomeTaxDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxDisclosureTextBlock": { "auth_ref": [ "r450", "r460", "r465", "r478", "r484", "r486", "r487", "r489" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.", "label": "Income Tax Disclosure [Text Block]", "verboseLabel": "Income Taxes" } } }, "localname": "IncomeTaxDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxes" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued": { "auth_ref": [ "r451" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The amount of estimated penalties and interest accrued as of the balance sheet date arising from income tax examinations.", "label": "Income Tax Examination, Penalties and Interest Accrued", "terseLabel": "Accrued penalties and interest" } } }, "localname": "IncomeTaxExaminationPenaltiesAndInterestAccrued", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense": { "auth_ref": [ "r451" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The sum of the amounts of estimated penalties and interest recognized in the period arising from income tax examinations.", "label": "Income Tax Examination, Penalties and Interest Expense", "terseLabel": "Penalties and interest expense" } } }, "localname": "IncomeTaxExaminationPenaltiesAndInterestExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxExpenseBenefit": { "auth_ref": [ "r126", "r151", "r152", "r188", "r448", "r479", "r485", "r694" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_ProfitLoss", "weight": -1.0 }, "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.", "label": "Income Tax Expense (Benefit)", "totalLabel": "Provision for income taxes", "verboseLabel": "Provision for income taxes" } } }, "localname": "IncomeTaxExpenseBenefit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/IncomeTaxesProvisionForIncomeTaxesDetails", "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxPolicyTextBlock": { "auth_ref": [ "r82", "r123", "r444", "r445", "r460", "r461", "r464", "r472", "r732" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.", "label": "Income Tax, Policy [Policy Text Block]", "terseLabel": "Income Taxes" } } }, "localname": "IncomeTaxPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 13.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to increase (decrease) in the valuation allowance for deferred tax assets.", "label": "Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount", "terseLabel": "Change in valuation allowance" } } }, "localname": "IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationChangeInEnactedTaxRate": { "auth_ref": [ "r443", "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 10.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations, attributable to increase (decrease) in the income tax rates.", "label": "Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount", "terseLabel": "Effect of changes in enacted tax rates on deferred tax assets and liabilities" } } }, "localname": "IncomeTaxReconciliationChangeInEnactedTaxRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 2.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign income tax expense (benefit).", "label": "Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount", "terseLabel": "Non-U.S. rate differential \u2014 net" } } }, "localname": "IncomeTaxReconciliationForeignIncomeTaxRateDifferential", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 1.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.", "label": "Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount", "terseLabel": "Tax at statutory rate" } } }, "localname": "IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 7.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to nondeductible impairment loss.", "label": "Effective Income Tax Rate Reconciliation, Nondeductible Expense, Impairment Losses, Amount", "terseLabel": "Goodwill impairment" } } }, "localname": "IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationOtherReconcilingItems": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 14.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to tax exempt income, equity in earnings (loss) of an unconsolidated subsidiary, minority noncontrolling interest income (loss), tax holiday, disposition of a business, disposition of an asset, repatriation of foreign earnings, repatriation of foreign earnings jobs creation act of 2004, increase (decrease) in enacted tax rate, prior year income taxes, increase (decrease) in deferred tax asset valuation allowance, and other adjustments.", "label": "Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount", "terseLabel": "Other \u2014 net" } } }, "localname": "IncomeTaxReconciliationOtherReconcilingItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationStateAndLocalIncomeTaxes": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 3.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to state and local income tax expense (benefit).", "label": "Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount", "terseLabel": "State income taxes \u2014 net" } } }, "localname": "IncomeTaxReconciliationStateAndLocalIncomeTaxes", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationTaxCredits": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 11.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to tax credits. Including, but not limited to, research credit, foreign tax credit, investment tax credit, and other tax credits.", "label": "Effective Income Tax Rate Reconciliation, Tax Credit, Amount", "negatedLabel": "Federal and state tax credits" } } }, "localname": "IncomeTaxReconciliationTaxCredits", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxReconciliationTaxCreditsForeign": { "auth_ref": [ "r449" ], "calculation": { "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails": { "order": 15.0, "parentTag": "us-gaap_IncomeTaxExpenseBenefit", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to foreign tax credit.", "label": "Effective Income Tax Rate Reconciliation, Tax Credit, Foreign, Amount", "negatedTerseLabel": "Russia investment tax credit" } } }, "localname": "IncomeTaxReconciliationTaxCreditsForeign", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfEffectiveTaxRateDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxesPaidNet": { "auth_ref": [ "r121" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes.", "label": "Income Taxes Paid, Net", "verboseLabel": "Cash paid for income taxes" } } }, "localname": "IncomeTaxesPaidNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxesReceivable": { "auth_ref": [ "r55", "r657", "r687" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes.", "label": "Income Taxes Receivable, Current", "terseLabel": "Prepaid income taxes" } } }, "localname": "IncomeTaxesReceivable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsPayable": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 13.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.", "label": "Increase (Decrease) in Accounts Payable", "verboseLabel": "Accounts payable" } } }, "localname": "IncreaseDecreaseInAccountsPayable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccountsReceivable": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 10.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.", "label": "Increase (Decrease) in Accounts Receivable", "negatedTerseLabel": "Accounts receivable" } } }, "localname": "IncreaseDecreaseInAccountsReceivable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 15.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the period in the amount due for taxes based on the reporting entity's earnings or attributable to the entity's income earning process (business presence) within a given jurisdiction.", "label": "Increase (Decrease) in Income Taxes Payable", "verboseLabel": "Income and other taxes payable" } } }, "localname": "IncreaseDecreaseInAccruedIncomeTaxesPayable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInAccruedLiabilities": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 14.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.", "label": "Increase (Decrease) in Accrued Liabilities", "verboseLabel": "Accrued expenses and other liabilities" } } }, "localname": "IncreaseDecreaseInAccruedLiabilities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInContractWithCustomerAsset": { "auth_ref": [ "r116" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time.", "label": "Increase (Decrease) in Contract with Customer, Asset", "terseLabel": "Contract assets, change" } } }, "localname": "IncreaseDecreaseInContractWithCustomerAsset", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomerChangesinContractAssetsandContractLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInDeferredIncomeTaxes": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa.", "label": "Increase (Decrease) in Deferred Income Taxes", "negatedTerseLabel": "Deferred income taxes" } } }, "localname": "IncreaseDecreaseInDeferredIncomeTaxes", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInInventories": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 11.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities.", "label": "Increase (Decrease) in Inventories", "negatedTerseLabel": "Inventories" } } }, "localname": "IncreaseDecreaseInInventories", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOperatingCapitalAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Increase (Decrease) in Operating Capital [Abstract]", "terseLabel": "Changes in assets and liabilities that (used) provided cash, net of acquisitions:" } } }, "localname": "IncreaseDecreaseInOperatingCapitalAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 12.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in prepaid expenses, and assets classified as other.", "label": "Increase (Decrease) in Prepaid Expense and Other Assets", "negatedTerseLabel": "Prepaid expenses and other current assets" } } }, "localname": "IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInStockholdersEquityRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Increase (Decrease) in Stockholders' Equity [Roll Forward]", "verboseLabel": "Increase (Decrease) in Stockholders' Equity [Roll Forward]" } } }, "localname": "IncreaseDecreaseInStockholdersEquityRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "stringItemType" }, "us-gaap_IntangibleAssetsNetExcludingGoodwill": { "auth_ref": [ "r266", "r273" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges.", "label": "Intangible Assets, Net (Excluding Goodwill)", "terseLabel": "Intangible assets, net" } } }, "localname": "IntangibleAssetsNetExcludingGoodwill", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestIncomeExpenseNonoperatingNet": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_NonoperatingIncomeExpense", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The net amount of nonoperating interest income (expense).", "label": "Interest Income (Expense), Nonoperating, Net", "verboseLabel": "Interest income, net" } } }, "localname": "InterestIncomeExpenseNonoperatingNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestPaidNet": { "auth_ref": [ "r110", "r114", "r121" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.", "label": "Interest Paid, Excluding Capitalized Interest, Operating Activities", "verboseLabel": "Cash paid for interest" } } }, "localname": "InterestPaidNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_InterestRateSwapMember": { "auth_ref": [ "r534" ], "lang": { "en-us": { "role": { "documentation": "Forward based contracts in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period.", "label": "Interest Rate Swap [Member]", "terseLabel": "Interest rate swap" } } }, "localname": "InterestRateSwapMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails", "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails", "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_InventoryDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Inventory Disclosure [Abstract]" } } }, "localname": "InventoryDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_InventoryDisclosureTextBlock": { "auth_ref": [ "r252" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.", "label": "Inventory Disclosure [Text Block]", "verboseLabel": "Inventories" } } }, "localname": "InventoryDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/Inventories" ], "xbrltype": "textBlockItemType" }, "us-gaap_InventoryFinishedGoodsNetOfReserves": { "auth_ref": [ "r29", "r251" ], "calculation": { "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails": { "order": 3.0, "parentTag": "us-gaap_InventoryNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of merchandise or goods held by the company that are readily available for sale.", "label": "Inventory, Finished Goods, Net of Reserves", "terseLabel": "Finished goods" } } }, "localname": "InventoryFinishedGoodsNetOfReserves", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InventoryNet": { "auth_ref": [ "r2", "r57" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 }, "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.", "label": "Inventory, Net", "terseLabel": "Inventories", "totalLabel": "Total" } } }, "localname": "InventoryNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InventoryPolicyTextBlock": { "auth_ref": [ "r10", "r58", "r123", "r170", "r248", "r250", "r252" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of inventory accounting policy for inventory classes, including, but not limited to, basis for determining inventory amounts, methods by which amounts are added and removed from inventory classes, loss recognition on impairment of inventories, and situations in which inventories are stated above cost.", "label": "Inventory, Policy [Policy Text Block]", "terseLabel": "Inventories" } } }, "localname": "InventoryPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_InventoryRawMaterialsNetOfReserves": { "auth_ref": [ "r31", "r251" ], "calculation": { "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails": { "order": 1.0, "parentTag": "us-gaap_InventoryNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Carrying amount, net of valuation reserves and adjustments, as of the balance sheet date of unprocessed items to be consumed in the manufacturing or production process.", "label": "Inventory, Raw Materials, Net of Reserves", "terseLabel": "Components and raw materials" } } }, "localname": "InventoryRawMaterialsNetOfReserves", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InventoryWorkInProcessNetOfReserves": { "auth_ref": [ "r30", "r251" ], "calculation": { "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails": { "order": 2.0, "parentTag": "us-gaap_InventoryNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.", "label": "Inventory, Work in Process, Net of Reserves", "terseLabel": "Work-in-process" } } }, "localname": "InventoryWorkInProcessNetOfReserves", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/InventoriesComponentsOfInventoriesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InventoryWriteDown": { "auth_ref": [ "r249" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of loss from reductions in inventory due to subsequent measurement adjustments, including, but not limited to, physical deterioration, obsolescence, or changes in price levels.", "label": "Inventory Write-down", "terseLabel": "Inventory provisions" } } }, "localname": "InventoryWriteDown", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/InventoriesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentTypeAxis": { "auth_ref": [ "r715", "r716", "r717", "r718", "r719", "r720", "r721", "r722", "r723", "r724", "r725", "r726", "r727", "r728", "r729" ], "lang": { "en-us": { "role": { "documentation": "Information by type of investments.", "label": "Investment Type [Axis]", "verboseLabel": "Investment Type [Axis]" } } }, "localname": "InvestmentTypeAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "stringItemType" }, "us-gaap_InvestmentTypeCategorizationMember": { "auth_ref": [ "r715", "r716", "r717", "r718", "r719", "r720", "r721", "r722", "r723", "r724", "r725", "r726", "r727", "r728", "r729" ], "lang": { "en-us": { "role": { "documentation": "Asset obtained to generate income or appreciate in value.", "label": "Investments [Domain]", "verboseLabel": "Investments [Domain]" } } }, "localname": "InvestmentTypeCategorizationMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LandMember": { "auth_ref": [ "r358" ], "lang": { "en-us": { "role": { "documentation": "Part of earth's surface not covered by water.", "label": "Land [Member]", "verboseLabel": "Land" } } }, "localname": "LandMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LeaseAndRentalExpense": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.", "label": "Operating Leases, Rent Expense", "terseLabel": "Rent expense" } } }, "localname": "LeaseAndRentalExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LeaseCostAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Lease, Cost [Abstract]", "terseLabel": "Lease, Cost [Abstract]" } } }, "localname": "LeaseCostAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LeasesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Leases [Abstract]" } } }, "localname": "LeasesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_LesseeLeasesPolicyTextBlock": { "auth_ref": [ "r578" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for leasing arrangement entered into by lessee.", "label": "Lessee, Leases [Policy Text Block]", "terseLabel": "Leases" } } }, "localname": "LesseeLeasesPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock": { "auth_ref": [ "r584" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.", "label": "Lessee, Operating Lease, Liability, Maturity [Table Text Block]", "terseLabel": "Schedule of Operating Lease Maturities" } } }, "localname": "LesseeOperatingLeaseLiabilityMaturityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails": { "order": null, "parentTag": null, "root": true, "weight": null }, "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease.", "label": "Lessee, Operating Lease, Liability, to be Paid", "totalLabel": "Total future minimum lease payments" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": 6.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease due after fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Lessee, Operating Lease, Liability, to be Paid, after Year Five", "terseLabel": "Thereafter" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": 1.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Lessee, Operating Lease, Liability, to be Paid, Year One", "terseLabel": "2021" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFive": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": 5.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in fifth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Lessee, Operating Lease, Liability, to be Paid, Year Five", "terseLabel": "2025" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearFive", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearFour": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": 4.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in fourth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Lessee, Operating Lease, Liability, to be Paid, Year Four", "terseLabel": "2024" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearFour", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearThree": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": 3.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Lessee, Operating Lease, Liability, to be Paid, Year Three", "terseLabel": "2023" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearThree", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueYearTwo": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails_1": { "order": 2.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Lessee, Operating Lease, Liability, to be Paid, Year Two", "terseLabel": "2022" } } }, "localname": "LesseeOperatingLeaseLiabilityPaymentsDueYearTwo", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount": { "auth_ref": [ "r584" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails": { "order": 1.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's undiscounted obligation for lease payments in excess of discounted obligation for lease payments for operating lease.", "label": "Lessee, Operating Lease, Liability, Undiscounted Excess Amount", "negatedLabel": "Less: imputed interest" } } }, "localname": "LesseeOperatingLeaseLiabilityUndiscountedExcessAmount", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LesseeOperatingLeaseRemainingLeaseTerm": { "auth_ref": [ "r579" ], "lang": { "en-us": { "role": { "documentation": "Remaining lease term of operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Lessee, Operating Lease, Remaining Lease Term", "terseLabel": "Remaining lease term" } } }, "localname": "LesseeOperatingLeaseRemainingLeaseTerm", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_LesseeOperatingLeasesTextBlock": { "auth_ref": [ "r586" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.", "label": "Lessee, Operating Leases [Text Block]", "terseLabel": "Leases" } } }, "localname": "LesseeOperatingLeasesTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/Leases" ], "xbrltype": "textBlockItemType" }, "us-gaap_LetterOfCreditMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A document typically issued by a financial institution which acts as a guarantee of payment to a beneficiary, or as the source of payment for a specific transaction (for example, wiring funds to a foreign exporter if and when specified merchandise is accepted pursuant to the terms of the letter of credit).", "label": "Letter of Credit [Member]", "terseLabel": "Letter of Credit" } } }, "localname": "LetterOfCreditMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r45", "r125", "r199", "r228", "r512", "r518", "r519", "r554" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Liabilities", "totalLabel": "Total liabilities" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r27", "r125", "r228", "r554", "r654", "r684" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities and Equity", "totalLabel": "Total liabilities and equity" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities and Equity [Abstract]", "terseLabel": "LIABILITIES AND EQUITY" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesCurrent": { "auth_ref": [ "r47", "r125", "r228", "r512", "r518", "r519", "r554" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.", "label": "Liabilities, Current", "totalLabel": "Total current liabilities" } } }, "localname": "LiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities, Current [Abstract]", "verboseLabel": "Current liabilities:" } } }, "localname": "LiabilitiesCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesFairValueDisclosure": { "auth_ref": [ "r544" ], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Fair value of financial and nonfinancial obligations.", "label": "Financial and Nonfinancial Liabilities, Fair Value Disclosure", "totalLabel": "Total liabilities" } } }, "localname": "LiabilitiesFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesFairValueDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities, Fair Value Disclosure [Abstract]", "terseLabel": "Liabilities" } } }, "localname": "LiabilitiesFairValueDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LineOfCredit": { "auth_ref": [ "r18", "r652", "r675" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.", "label": "Long-term Line of Credit", "terseLabel": "Line of credit" } } }, "localname": "LineOfCredit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity": { "auth_ref": [ "r43" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility.", "label": "Line of Credit Facility, Current Borrowing Capacity", "terseLabel": "Borrowing capacity" } } }, "localname": "LineOfCreditFacilityCurrentBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Line of Credit Facility [Line Items]", "verboseLabel": "Line of Credit Facility [Line Items]" } } }, "localname": "LineOfCreditFacilityLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity": { "auth_ref": [ "r43" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding).", "label": "Line of Credit Facility, Remaining Borrowing Capacity", "terseLabel": "Remaining borrowing capacity" } } }, "localname": "LineOfCreditFacilityRemainingBorrowingCapacity", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LineOfCreditFacilityTable": { "auth_ref": [ "r43", "r128" ], "lang": { "en-us": { "role": { "documentation": "A table or schedule providing information pertaining to short-term or long-term contractual arrangements with lenders, including letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line.", "label": "Line of Credit Facility [Table]", "verboseLabel": "Line of Credit Facility [Table]" } } }, "localname": "LineOfCreditFacilityTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LitigationReserve": { "auth_ref": [ "r51", "r305" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate carrying amount of the estimated litigation liability for known or estimated probable loss from litigation, which may include attorneys' fees and other litigation costs.", "label": "Estimated Litigation Liability", "verboseLabel": "Estimated litigation liability" } } }, "localname": "LitigationReserve", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LondonInterbankOfferedRateLIBORMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest rate at which a bank borrows funds from other banks in the London interbank market.", "label": "London Interbank Offered Rate (LIBOR) [Member]", "verboseLabel": "London Interbank Offered Rate (LIBOR)" } } }, "localname": "LondonInterbankOfferedRateLIBORMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock": { "auth_ref": [ "r209" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.", "label": "Long-lived Assets by Geographic Areas [Table Text Block]", "terseLabel": "Schedule of Long-Lived Assets" } } }, "localname": "LongLivedAssetsByGeographicAreasTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_LongTermDebt": { "auth_ref": [ "r18", "r322", "r652", "r679" ], "calculation": { "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt", "terseLabel": "Long-term debt", "totalLabel": "Total notes payable" } } }, "localname": "LongTermDebt", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails", "http://www.ipgphotonics.com/role/FinancingArrangements2020FuturePrincipalPaymentsDetails", "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails", "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtCurrent": { "auth_ref": [ "r44" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 }, "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails": { "order": 1.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt, classified as current. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt, Current Maturities", "negatedTerseLabel": "Less: current portion", "verboseLabel": "Current portion of long-term debt" } } }, "localname": "LongTermDebtCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails", "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtFairValue": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesFairValueDisclosure", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The fair value amount of long-term debt whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission.", "label": "Long-term Debt, Fair Value", "terseLabel": "Long-term notes" } } }, "localname": "LongTermDebtFairValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths": { "auth_ref": [ "r134", "r320" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year One", "terseLabel": "2021" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangements2020FuturePrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree": { "auth_ref": [ "r134", "r320" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in third fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year Three", "terseLabel": "2023" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangements2020FuturePrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo": { "auth_ref": [ "r134", "r320" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of long-term debt payable, sinking fund requirement, and other securities issued that are redeemable by holder at fixed or determinable price and date, maturing in second fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach).", "label": "Long-Term Debt, Maturity, Year Two", "terseLabel": "2022" } } }, "localname": "LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangements2020FuturePrincipalPaymentsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongTermDebtNoncurrent": { "auth_ref": [ "r49" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 }, "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails": { "order": 2.0, "parentTag": "us-gaap_LongTermDebt", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after unamortized (discount) premium and debt issuance costs of long-term debt classified as noncurrent and excluding amounts to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.", "label": "Long-term Debt, Excluding Current Maturities", "terseLabel": "Total long-term debt", "verboseLabel": "Long-term debt, net of current portion" } } }, "localname": "LongTermDebtNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/FinancingArrangementsBorrowingsUnderExistingFinancingArrangementsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_LongtermDebtTypeAxis": { "auth_ref": [ "r49" ], "lang": { "en-us": { "role": { "documentation": "Information by type of long-term debt.", "label": "Long-term Debt, Type [Axis]", "verboseLabel": "Long-term Debt, Type [Axis]" } } }, "localname": "LongtermDebtTypeAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_LongtermDebtTypeDomain": { "auth_ref": [ "r49", "r321" ], "lang": { "en-us": { "role": { "documentation": "Type of long-term debt arrangement, such as notes, line of credit, commercial paper, asset-based financing, project financing, letter of credit financing. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer.", "label": "Long-term Debt, Type [Domain]", "verboseLabel": "Long-term Debt, Type [Domain]" } } }, "localname": "LongtermDebtTypeDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MachineryAndEquipmentMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tangible personal property used to produce goods and services, including, but is not limited to, tools, dies and molds, computer and office equipment.", "label": "Machinery and Equipment [Member]", "verboseLabel": "Machinery and equipment" } } }, "localname": "MachineryAndEquipmentMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MajorPropertyClassAxis": { "auth_ref": [ "r572" ], "lang": { "en-us": { "role": { "documentation": "Amount of property owned but leased or available for lease to third parties, by major property class.", "label": "Major Property Class [Axis]", "verboseLabel": "Major Property Class [Axis]" } } }, "localname": "MajorPropertyClassAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MajorPropertyClassDomain": { "auth_ref": [ "r572" ], "lang": { "en-us": { "role": { "documentation": "The major classes of assets leased or available for lease to third parties under operating lease agreements as of the balance sheet date.", "label": "Major Property Class [Domain]", "verboseLabel": "Major Property Class [Domain]" } } }, "localname": "MajorPropertyClassDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MinorityInterest": { "auth_ref": [ "r56", "r125", "r228", "r554", "r653", "r683" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).", "label": "Stockholders' Equity Attributable to Noncontrolling Interest", "terseLabel": "Non-controlling interests" } } }, "localname": "MinorityInterest", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_MoneyMarketFundsMember": { "auth_ref": [ "r372" ], "lang": { "en-us": { "role": { "documentation": "Fund that invests in short-term money-market instruments, for example, but not limited to, commercial paper, banker's acceptances, repurchase agreements, government securities, certificates of deposit, and other highly liquid securities.", "label": "Money Market Funds [Member]", "terseLabel": "Money market fund deposits and term deposits" } } }, "localname": "MoneyMarketFundsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]", "terseLabel": "Movement in Standard and Extended Product Warranty Accrual, Increase (Decrease) [Roll Forward]" } } }, "localname": "MovementInStandardAndExtendedProductWarrantyIncreaseDecreaseRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_MunicipalBondsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Long-term debt securities issued by state, city or local governments or the agencies operated by state, city or local governments.", "label": "Municipal Bonds [Member]", "terseLabel": "Municipal Bonds" } } }, "localname": "MunicipalBondsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r113" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided by (Used in) Financing Activities", "totalLabel": "Net cash used in financing activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Net Cash Provided by (Used in) Financing Activities [Abstract]", "verboseLabel": "Cash flows from financing activities:" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r113" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided by (Used in) Investing Activities", "totalLabel": "Net cash used in investing activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Net Cash Provided by (Used in) Investing Activities [Abstract]", "verboseLabel": "Cash flows from investing activities:" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r113", "r115", "r118" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided by (Used in) Operating Activities", "totalLabel": "Net cash provided by operating activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Net Cash Provided by (Used in) Operating Activities [Abstract]", "terseLabel": "Cash flows from operating activities:" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r0", "r76", "r79", "r84", "r118", "r125", "r140", "r145", "r146", "r147", "r148", "r151", "r152", "r157", "r189", "r197", "r200", "r203", "r205", "r228", "r554", "r661", "r688" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net Income (Loss) Attributable to Parent", "terseLabel": "Net income attributable to IPG Photonics Corporation", "totalLabel": "Net income attributable to IPG Photonics Corporation" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails", "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAttributableToNoncontrollingInterest": { "auth_ref": [ "r76", "r79", "r151", "r152", "r515", "r521" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of Net Income (Loss) attributable to noncontrolling interest.", "label": "Net Income (Loss) Attributable to Noncontrolling Interest", "terseLabel": "Less: net income attributable to non-controlling interests" } } }, "localname": "NetIncomeLossAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic": { "auth_ref": [ "r145", "r146", "r147", "r148", "r153", "r154", "r158", "r161", "r189", "r197", "r200", "r203", "r205" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders.", "label": "Net Income (Loss) Available to Common Stockholders, Basic", "terseLabel": "Net income attributable to common stockholders" } } }, "localname": "NetIncomeLossAvailableToCommonStockholdersBasic", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.", "label": "New Accounting Pronouncements, Policy [Policy Text Block]", "terseLabel": "Recent Accounting Pronouncements" } } }, "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_NoncontrollingInterestMember": { "auth_ref": [ "r136", "r137", "r138", "r329", "r506" ], "lang": { "en-us": { "role": { "documentation": "This element represents that portion of equity (net assets) in a subsidiary not attributable, directly or indirectly, to the parent. A noncontrolling interest is sometimes called a minority interest.", "label": "Noncontrolling Interest [Member]", "verboseLabel": "Non- controlling Interest" } } }, "localname": "NoncontrollingInterestMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "domainItemType" }, "us-gaap_NoncurrentAssets": { "auth_ref": [ "r208" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets.", "label": "Long-Lived Assets", "terseLabel": "Long-lived assets" } } }, "localname": "NoncurrentAssets", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NonoperatingIncomeExpense": { "auth_ref": [ "r95" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).", "label": "Nonoperating Income (Expense)", "totalLabel": "Total other income" } } }, "localname": "NonoperatingIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_NotesPayable": { "auth_ref": [ "r18", "r652", "r679" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.", "label": "Notes Payable", "verboseLabel": "Notes payable" } } }, "localname": "NotesPayable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NotesPayableCurrent": { "auth_ref": [ "r44" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.", "label": "Notes Payable, Current", "verboseLabel": "Notes payable, current" } } }, "localname": "NotesPayableCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_NumberOfOperatingSegments": { "auth_ref": [ "r184" ], "lang": { "en-us": { "role": { "documentation": "Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.", "label": "Number of Operating Segments", "verboseLabel": "Number of operating segments" } } }, "localname": "NumberOfOperatingSegments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "integerItemType" }, "us-gaap_OpenTaxYear": { "auth_ref": [ "r453" ], "lang": { "en-us": { "role": { "documentation": "Tax year that remains open to examination under enacted tax laws, in CCYY format.", "label": "Open Tax Year", "terseLabel": "Open tax year" } } }, "localname": "OpenTaxYear", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesOpenTaxYearsByMajorJurisdictionsDetails" ], "xbrltype": "gYearListItemType" }, "us-gaap_OperatingExpenses": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.", "label": "Operating Expenses", "totalLabel": "Total operating expenses" } } }, "localname": "OperatingExpenses", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingExpensesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Operating Expenses [Abstract]", "terseLabel": "Operating expenses:" } } }, "localname": "OperatingExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OperatingIncomeLoss": { "auth_ref": [ "r189", "r197", "r200", "r203", "r205" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The net result for the period of deducting operating expenses from operating revenues.", "label": "Operating Income (Loss)", "totalLabel": "Operating income" } } }, "localname": "OperatingIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseExpense": { "auth_ref": [ "r576" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of operating lease expense. Excludes sublease income.", "label": "Operating Lease, Expense", "terseLabel": "Rent expense" } } }, "localname": "OperatingLeaseExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesNarrativeDetails", "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLiabilitiesPaymentsDueAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Lessee, Operating Lease, Liability, Payment, Due [Abstract]", "terseLabel": "Lessee, Operating Lease, Liability, Payment, Due [Abstract]" } } }, "localname": "OperatingLeaseLiabilitiesPaymentsDueAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OperatingLeaseLiability": { "auth_ref": [ "r574" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails": { "order": 2.0, "parentTag": "us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue", "weight": 1.0 }, "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Present value of lessee's discounted obligation for lease payments from operating lease.", "label": "Operating Lease, Liability", "totalLabel": "Total lease liabilities", "verboseLabel": "Present value of lease liabilities" } } }, "localname": "OperatingLeaseLiability", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails", "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLiabilityCurrent": { "auth_ref": [ "r574" ], "calculation": { "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails": { "order": 4.0, "parentTag": "us-gaap_AccruedLiabilitiesCurrent", "weight": 1.0 }, "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails": { "order": 2.0, "parentTag": "us-gaap_OperatingLeaseLiability", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Present value of lessee's discounted obligation for lease payments from operating lease, classified as current.", "label": "Operating Lease, Liability, Current", "terseLabel": "Short-term lease liabilities" } } }, "localname": "OperatingLeaseLiabilityCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails", "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList": { "auth_ref": [ "r575" ], "lang": { "en-us": { "role": { "documentation": "Indicates line item in statement of financial position that includes current operating lease liability.", "label": "Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]", "terseLabel": "Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]" } } }, "localname": "OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "extensibleListItemType" }, "us-gaap_OperatingLeaseLiabilityNoncurrent": { "auth_ref": [ "r574" ], "calculation": { "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails": { "order": 1.0, "parentTag": "us-gaap_OperatingLeaseLiability", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Present value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent.", "label": "Operating Lease, Liability, Noncurrent", "terseLabel": "Long-term lease liabilities" } } }, "localname": "OperatingLeaseLiabilityNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList": { "auth_ref": [ "r575" ], "lang": { "en-us": { "role": { "documentation": "Indicates line item in statement of financial position that includes noncurrent operating lease liability.", "label": "Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]", "terseLabel": "Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]" } } }, "localname": "OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "extensibleListItemType" }, "us-gaap_OperatingLeasePayments": { "auth_ref": [ "r577", "r580" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.", "label": "Operating Lease, Payments", "terseLabel": "Operating lease payments" } } }, "localname": "OperatingLeasePayments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseRightOfUseAsset": { "auth_ref": [ "r573" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of lessee's right to use underlying asset under operating lease.", "label": "Operating Lease, Right-of-Use Asset", "terseLabel": "Right-of-use assets" } } }, "localname": "OperatingLeaseRightOfUseAsset", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList": { "auth_ref": [ "r575" ], "lang": { "en-us": { "role": { "documentation": "Indicates line item in statement of financial position that includes operating lease right-of-use asset.", "label": "Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]", "terseLabel": "Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]" } } }, "localname": "OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesLeaseAssetsandLiabilitiesDetails" ], "xbrltype": "extensibleListItemType" }, "us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent": { "auth_ref": [ "r583", "r585" ], "lang": { "en-us": { "role": { "documentation": "Weighted average discount rate for operating lease calculated at point in time.", "label": "Operating Lease, Weighted Average Discount Rate, Percent", "verboseLabel": "Weighted-average discount rate" } } }, "localname": "OperatingLeaseWeightedAverageDiscountRatePercent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_OperatingLeaseWeightedAverageRemainingLeaseTerm1": { "auth_ref": [ "r582", "r585" ], "lang": { "en-us": { "role": { "documentation": "Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Operating Lease, Weighted Average Remaining Lease Term", "terseLabel": "Weighted-average remaining lease term" } } }, "localname": "OperatingLeaseWeightedAverageRemainingLeaseTerm1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/LeasesFutureMinimumPaymentsDetails" ], "xbrltype": "durationItemType" }, "us-gaap_OperatingLossCarryforwards": { "auth_ref": [ "r466" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.", "label": "Operating Loss Carryforwards", "verboseLabel": "Operating loss carry-forwards" } } }, "localname": "OperatingLossCarryforwards", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingLossCarryforwardsValuationAllowance": { "auth_ref": [ "r462" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The portion of the valuation allowance pertaining to the deferred tax asset representing potential future taxable deductions from net operating loss carryforwards for which it is more likely than not that a tax benefit will not be realized.", "label": "Operating Loss Carryforwards, Valuation Allowance", "verboseLabel": "Operating loss carry-forwards, valuation allowance" } } }, "localname": "OperatingLossCarryforwardsValuationAllowance", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Organization, Consolidation and Presentation of Financial Statements [Abstract]" } } }, "localname": "OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_OtherAccruedLiabilitiesCurrent": { "auth_ref": [ "r7", "r8", "r9", "r46" ], "calculation": { "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails": { "order": 5.0, "parentTag": "us-gaap_AccruedLiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of expenses incurred but not yet paid classified as other, due within one year or the normal operating cycle, if longer.", "label": "Other Accrued Liabilities, Current", "terseLabel": "Other" } } }, "localname": "OtherAccruedLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherAssetsMember": { "auth_ref": [ "r527", "r540" ], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption encompassing other assets.", "label": "Other Assets [Member]", "terseLabel": "Other assets" } } }, "localname": "OtherAssetsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_OtherAssetsNoncurrent": { "auth_ref": [ "r41" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of noncurrent assets classified as other.", "label": "Other Assets, Noncurrent", "terseLabel": "Other assets" } } }, "localname": "OtherAssetsNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherCommitmentsLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Other Commitments [Line Items]", "terseLabel": "Other Commitments [Line Items]", "verboseLabel": "Other Commitments [Line Items]" } } }, "localname": "OtherCommitmentsLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails", "http://www.ipgphotonics.com/role/LeasesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OtherCommitmentsTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about obligations resulting from other commitments.", "label": "Other Commitments [Table]", "terseLabel": "Other Commitments [Table]", "verboseLabel": "Other Commitments [Table]" } } }, "localname": "OtherCommitmentsTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails", "http://www.ipgphotonics.com/role/LeasesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax": { "auth_ref": [ "r68", "r69", "r72" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after tax and adjustment, of unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale) and unrealized gain (loss) on investment in debt security measured at amortized cost (held-to-maturity) from transfer to available-for-sale.", "label": "OCI, Debt Securities, Available-for-Sale, Gain (Loss), after Adjustment and Tax", "negatedTerseLabel": "Adjustment for net gain realized and included in net income", "terseLabel": "Adjustment for net gain realized and included in net income" } } }, "localname": "OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax": { "auth_ref": [ "r67", "r72" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 3.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, after tax and reclassification, of gain (loss) from derivative instrument designated and qualifying as cash flow hedge included in assessment of hedge effectiveness.", "label": "Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax", "terseLabel": "Unrealized (loss) gain on derivatives", "verboseLabel": "Unrealized loss on derivatives, net of tax" } } }, "localname": "OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax": { "auth_ref": [ "r67", "r72" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, before tax and after reclassification, of gain (loss) from derivative instrument designated and qualifying cash flow hedge included in assessment of hedge effectiveness.", "label": "Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification, before Tax", "terseLabel": "Effective portion recognized in other comprehensive income (loss), pretax" } } }, "localname": "OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsDerivativeGainsLossesintheConsolidatedStatementsofIncomeRelatedtoInterestRateSwapContractsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax": { "auth_ref": [ "r65" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature.", "label": "Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax", "terseLabel": "Foreign currency translation adjustments" } } }, "localname": "OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTax": { "auth_ref": [ "r77", "r80", "r83", "r85", "r324", "r560", "r565", "r566", "r662", "r689" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 1.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after tax and reclassification adjustments of other comprehensive income (loss).", "label": "Other Comprehensive Income (Loss), Net of Tax", "totalLabel": "Total other comprehensive income (loss)" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Other Comprehensive Income (Loss), Net of Tax [Abstract]", "terseLabel": "Other comprehensive income (loss), net of tax:" } } }, "localname": "OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax": { "auth_ref": [ "r67", "r72", "r542" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 4.0, "parentTag": "us-gaap_OtherComprehensiveIncomeLossNetOfTax", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount after tax of increase (decrease) in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges and an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss).", "label": "Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax", "terseLabel": "Unrealized (loss) gain on derivatives", "verboseLabel": "Unrealized gain on derivatives, net of tax" } } }, "localname": "OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherNoncashIncomeExpense": { "auth_ref": [ "r118" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 8.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other.", "label": "Other Noncash Income (Expense)", "negatedTerseLabel": "Other" } } }, "localname": "OtherNoncashIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherNoncurrentLiabilitiesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption encompassing other noncurrent liabilities.", "label": "Other Noncurrent Liabilities [Member]", "terseLabel": "Deferred income taxes and other long-term liabilities" } } }, "localname": "OtherNoncurrentLiabilitiesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_OtherNonoperatingIncomeExpense": { "auth_ref": [ "r96" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_NonoperatingIncomeExpense", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of income (expense) related to nonoperating activities, classified as other.", "label": "Other Nonoperating Income (Expense)", "terseLabel": "Other income, net" } } }, "localname": "OtherNonoperatingIncomeExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherNonoperatingIncomeExpenseAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Other Nonoperating Income (Expense) [Abstract]", "terseLabel": "Other income, net:" } } }, "localname": "OtherNonoperatingIncomeExpenseAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities": { "auth_ref": [ "r222" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, before tax, of other-than-temporary impairment (OTTI) on investment in debt security measured at amortized cost (held-to-maturity), recognized in earnings and other comprehensive income (OCI).", "label": "Other-than-temporary Impairment Loss, Debt Securities, Held-to-maturity, before Tax", "terseLabel": "Held-to-maturity impairment" } } }, "localname": "OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PatentsMember": { "auth_ref": [ "r500" ], "lang": { "en-us": { "role": { "documentation": "Exclusive legal right granted by the government to the owner of the patent to exploit an invention or a process for a period of time specified by law.", "label": "Patents [Member]", "verboseLabel": "Patents" } } }, "localname": "PatentsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PayablesAndAccrualsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Payables and Accruals [Abstract]" } } }, "localname": "PayablesAndAccrualsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_PaymentForContingentConsiderationLiabilityFinancingActivities": { "auth_ref": [ "r107" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash outflow, not made soon after acquisition date of business combination, to settle contingent consideration liability up to amount recognized at acquisition date, including, but not limited to, measurement period adjustment and less amount paid soon after acquisition date.", "label": "Payment for Contingent Consideration Liability, Financing Activities", "negatedTerseLabel": "Payment of purchase price holdback from business combination" } } }, "localname": "PaymentForContingentConsiderationLiabilityFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForProceedsFromOtherInvestingActivities": { "auth_ref": [ "r98", "r101", "r133" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash (inflow) outflow from investing activities classified as other.", "label": "Payments for (Proceeds from) Other Investing Activities", "negatedTerseLabel": "Other" } } }, "localname": "PaymentsForProceedsFromOtherInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRepurchaseOfCommonStock": { "auth_ref": [ "r105" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow to reacquire common stock during the period.", "label": "Payments for Repurchase of Common Stock", "negatedLabel": "Purchase of treasury stock, at cost" } } }, "localname": "PaymentsForRepurchaseOfCommonStock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsForRestructuring": { "auth_ref": [ "r111", "r290" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash payments made as the result of exit or disposal activities. Excludes payments associated with a discontinued operation or an asset retirement obligation.", "label": "Payments for Restructuring", "negatedLabel": "Cash payments" } } }, "localname": "PaymentsForRestructuring", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireBusinessesGross": { "auth_ref": [ "r99", "r504" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.", "label": "Payments to Acquire Businesses, Gross", "terseLabel": "Payments to Acquire Businesses, Gross" } } }, "localname": "PaymentsToAcquireBusinessesGross", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired": { "auth_ref": [ "r99" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase.", "label": "Payments to Acquire Businesses, Net of Cash Acquired", "negatedTerseLabel": "Acquisitions of businesses, net of cash acquired" } } }, "localname": "PaymentsToAcquireBusinessesNetOfCashAcquired", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquireInvestments": { "auth_ref": [ "r101" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow associated with the purchase of all investments (debt, security, other) during the period.", "label": "Payments to Acquire Investments", "negatedTerseLabel": "Purchases of short and long-term investments" } } }, "localname": "PaymentsToAcquireInvestments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToAcquirePropertyPlantAndEquipment": { "auth_ref": [ "r100" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets.", "label": "Payments to Acquire Property, Plant, and Equipment", "negatedTerseLabel": "Purchases of property, plant and equipment" } } }, "localname": "PaymentsToAcquirePropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToSuppliers": { "auth_ref": [ "r108", "r109" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Payments of cash to suppliers for goods and services during the current period.", "label": "Payments to Suppliers", "terseLabel": "Payments made to suppliers" } } }, "localname": "PaymentsToSuppliers", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PerformanceSharesMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share-based payment arrangement awarded for meeting performance target.", "label": "Performance Shares [Member]", "terseLabel": "Performance Shares" } } }, "localname": "PerformanceSharesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PlanNameAxis": { "auth_ref": [ "r391", "r423" ], "lang": { "en-us": { "role": { "documentation": "Information by plan name for share-based payment arrangement.", "label": "Plan Name [Axis]", "verboseLabel": "Plan Name [Axis]" } } }, "localname": "PlanNameAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PlanNameDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Plan name for share-based payment arrangement.", "label": "Plan Name [Domain]", "verboseLabel": "Plan Name [Domain]" } } }, "localname": "PlanNameDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PreferredStockParOrStatedValuePerShare": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.", "label": "Preferred Stock, Par or Stated Value Per Share", "terseLabel": "Preferred stock, par value (in dollars per share)" } } }, "localname": "PreferredStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockSharesAuthorized": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.", "label": "Preferred Stock, Shares Authorized", "terseLabel": "Preferred stock, shares authorized (in shares)" } } }, "localname": "PreferredStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesOutstanding": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.", "label": "Preferred Stock, Shares Outstanding", "terseLabel": "Preferred stock, shares outstanding (in shares)" } } }, "localname": "PreferredStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_PrepaidExpenseAndOtherAssetsCurrent": { "auth_ref": [ "r4", "r35", "r36" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 6.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.", "label": "Prepaid Expense and Other Assets, Current", "terseLabel": "Prepaid expenses and other current assets" } } }, "localname": "PrepaidExpenseAndOtherAssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions": { "auth_ref": [ "r102", "r424" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow from issuance of shares under share-based payment arrangement. Includes, but is not limited to, option exercised.", "label": "Proceeds, Issuance of Shares, Share-based Payment Arrangement, Including Option Exercised", "terseLabel": "Proceeds from issuance of common stock under employee stock option and purchase plans less payments for taxes related to net share settlement of equity awards" } } }, "localname": "ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromLinesOfCredit": { "auth_ref": [ "r103", "r129" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.", "label": "Proceeds from Lines of Credit", "verboseLabel": "Proceeds from line-of-credit facilities" } } }, "localname": "ProceedsFromLinesOfCredit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromMinorityShareholders": { "auth_ref": [ "r104" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow from a noncontrolling interest. Includes, but is not limited to, purchase of additional shares or other increase in noncontrolling interest ownership.", "label": "Proceeds from Noncontrolling Interests", "terseLabel": "Cash contributed by non-controlling interest" } } }, "localname": "ProceedsFromMinorityShareholders", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment": { "auth_ref": [ "r97" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.", "label": "Proceeds from Sale of Property, Plant, and Equipment", "verboseLabel": "Proceeds from sales of property, plant and equipment" } } }, "localname": "ProceedsFromSaleOfPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows", "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromSaleOfShortTermInvestments": { "auth_ref": [ "r98" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow from sales of all investments, including securities and other assets, having ready marketability and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.", "label": "Proceeds from Sale of Short-term Investments", "verboseLabel": "Proceeds from short-term investments" } } }, "localname": "ProceedsFromSaleOfShortTermInvestments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProductWarrantiesDisclosuresAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Product Warranties Disclosures [Abstract]" } } }, "localname": "ProductWarrantiesDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_ProductWarrantyAccrual": { "auth_ref": [ "r315", "r316", "r659" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers.", "label": "Standard and Extended Product Warranty Accrual", "periodEndLabel": "Balance at December\u00a031", "periodStartLabel": "Balance at January\u00a01" } } }, "localname": "ProductWarrantyAccrual", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProductWarrantyAccrualClassifiedCurrent": { "auth_ref": [ "r46", "r309", "r311" ], "calculation": { "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails": { "order": 3.0, "parentTag": "us-gaap_AccruedLiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers. For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Product Warranty Accrual, Current", "verboseLabel": "Current portion of accrued warranty" } } }, "localname": "ProductWarrantyAccrualClassifiedCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesComponentsOfAccruedExpensesAndOtherLiabilitiesDetails", "http://www.ipgphotonics.com/role/ProductWarrantiesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProductWarrantyAccrualNoncurrent": { "auth_ref": [ "r50", "r305", "r307" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred through that date and due after one year (or beyond the operating cycle if longer) for estimated claims under standard and extended warranty protection rights granted to customers.", "label": "Product Warranty Accrual, Noncurrent", "terseLabel": "Noncurrent portion of accrued warranty" } } }, "localname": "ProductWarrantyAccrualNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease": { "auth_ref": [ "r314" ], "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in the standard and extended product warranty liability.", "label": "Standard and Extended Product Warranty Accrual, Period Increase (Decrease)", "negatedLabel": "Warranty claims" } } }, "localname": "ProductWarrantyAccrualPeriodIncreaseDecrease", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProductWarrantyAccrualWarrantiesIssued": { "auth_ref": [ "r312" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase in the standard and extended product warranty accrual from warranties issued.", "label": "Standard and Extended Product Warranty Accrual, Increase for Warranties Issued", "terseLabel": "Provision for warranty accrual" } } }, "localname": "ProductWarrantyAccrualWarrantiesIssued", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProductWarrantyDisclosureTextBlock": { "auth_ref": [ "r318" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period.", "label": "Product Warranty Disclosure [Text Block]", "terseLabel": "Product Warranties" } } }, "localname": "ProductWarrantyDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarranties" ], "xbrltype": "textBlockItemType" }, "us-gaap_ProfitLoss": { "auth_ref": [ "r0", "r76", "r79", "r112", "r125", "r140", "r151", "r152", "r189", "r197", "r200", "r203", "r205", "r228", "r508", "r514", "r516", "r521", "r522", "r554", "r667" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome": { "order": 2.0, "parentTag": "us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 }, "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.", "label": "Net Income (Loss), Including Portion Attributable to Noncontrolling Interest", "terseLabel": "Net income", "totalLabel": "Net income", "verboseLabel": "Net income" } } }, "localname": "ProfitLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfComprehensiveIncome", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Property, Plant and Equipment [Abstract]", "verboseLabel": "Property, Plant and Equipment [Abstract]" } } }, "localname": "PropertyPlantAndEquipmentAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentByTypeAxis": { "auth_ref": [ "r40", "r285" ], "lang": { "en-us": { "role": { "documentation": "Information by type of long-lived, physical assets used to produce goods and services and not intended for resale.", "label": "Long-Lived Tangible Asset [Axis]", "verboseLabel": "Property, Plant and Equipment, Type [Axis]" } } }, "localname": "PropertyPlantAndEquipmentByTypeAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock": { "auth_ref": [ "r288", "r733", "r734", "r735" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.", "label": "Property, Plant and Equipment Disclosure [Text Block]", "terseLabel": "Property, Plant And Equipment" } } }, "localname": "PropertyPlantAndEquipmentDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipment" ], "xbrltype": "textBlockItemType" }, "us-gaap_PropertyPlantAndEquipmentGross": { "auth_ref": [ "r39", "r283" ], "calculation": { "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails": { "order": 2.0, "parentTag": "us-gaap_PropertyPlantAndEquipmentNet", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property, Plant and Equipment, Gross", "terseLabel": "Total property, plant and equipment" } } }, "localname": "PropertyPlantAndEquipmentGross", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Property, Plant and Equipment [Line Items]", "verboseLabel": "Property, Plant and Equipment [Line Items]" } } }, "localname": "PropertyPlantAndEquipmentLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_PropertyPlantAndEquipmentNet": { "auth_ref": [ "r12", "r13", "r285", "r685" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 5.0, "parentTag": "us-gaap_Assets", "weight": 1.0 }, "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.", "label": "Property, Plant and Equipment, Net", "terseLabel": "Property, plant and equipment, net", "totalLabel": "Total property, plant and equipment \u2014 net" } } }, "localname": "PropertyPlantAndEquipmentNet", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentPolicyTextBlock": { "auth_ref": [ "r38", "r123", "r285", "r733", "r734" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.", "label": "Property, Plant and Equipment, Policy [Policy Text Block]", "terseLabel": "Property, Plant and Equipment" } } }, "localname": "PropertyPlantAndEquipmentPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_PropertyPlantAndEquipmentTextBlock": { "auth_ref": [ "r12", "r285" ], "lang": { "en-us": { "role": { "documentation": "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.", "label": "Property, Plant and Equipment [Table Text Block]", "terseLabel": "Property, Plant and Equipment" } } }, "localname": "PropertyPlantAndEquipmentTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_PropertyPlantAndEquipmentTypeDomain": { "auth_ref": [ "r12", "r283" ], "lang": { "en-us": { "role": { "documentation": "Listing of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.", "label": "Long-Lived Tangible Asset [Domain]", "verboseLabel": "Property, Plant and Equipment, Type [Domain]" } } }, "localname": "PropertyPlantAndEquipmentTypeDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails" ], "xbrltype": "domainItemType" }, "us-gaap_PropertyPlantAndEquipmentUsefulLife": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.", "label": "Property, Plant and Equipment, Useful Life", "verboseLabel": "Property, plant and equipment useful life" } } }, "localname": "PropertyPlantAndEquipmentUsefulLife", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesEconomicUsefulLivesOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_ProvisionForDoubtfulAccounts": { "auth_ref": [ "r91", "r238" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of expense (reversal of expense) for expected credit loss on accounts receivable.", "label": "Accounts Receivable, Credit Loss Expense (Reversal)", "verboseLabel": "Provision for bad debts, net of recoveries" } } }, "localname": "ProvisionForDoubtfulAccounts", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesAllowanceForDoubtfulAccountsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_QuarterlyFinancialInformationTextBlock": { "auth_ref": [ "r172" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information.", "label": "Quarterly Financial Information [Text Block]", "terseLabel": "Selected Quarterly Financial Data (Unaudited)" } } }, "localname": "QuarterlyFinancialInformationTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataUnaudited" ], "xbrltype": "textBlockItemType" }, "us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]", "verboseLabel": "Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]" } } }, "localname": "ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RecordedUnconditionalPurchaseObligation": { "auth_ref": [ "r303" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of the recorded obligation to transfer funds in the future for fixed or minimum amounts or quantities of goods or services at fixed or minimum prices (for example, as in take-or-pay contracts or throughput contracts).", "label": "Recorded Unconditional Purchase Obligation", "terseLabel": "Purchase obligations" } } }, "localname": "RecordedUnconditionalPurchaseObligation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyDomain": { "auth_ref": [ "r379", "r589", "r590" ], "lang": { "en-us": { "role": { "documentation": "Related parties include affiliates; other entities for which investments are accounted for by the equity method by the entity; trusts for benefit of employees; and principal owners, management, and members of immediate families. It also may include other parties with which the entity may control or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.", "label": "Related Party [Domain]", "verboseLabel": "Related Party [Domain]" } } }, "localname": "RelatedPartyDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RelatedPartyTransactionAmountsOfTransaction": { "auth_ref": [ "r589", "r593" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of transactions with related party during the financial reporting period.", "label": "Related Party Transaction, Amounts of Transaction", "verboseLabel": "Related party transaction amount" } } }, "localname": "RelatedPartyTransactionAmountsOfTransaction", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedPartyTransactionAxis": { "auth_ref": [ "r379", "r589", "r590", "r593" ], "lang": { "en-us": { "role": { "documentation": "Information by type of related party transaction.", "label": "Related Party Transaction [Axis]", "verboseLabel": "Related Party Transaction [Axis]" } } }, "localname": "RelatedPartyTransactionAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionDomain": { "auth_ref": [ "r379" ], "lang": { "en-us": { "role": { "documentation": "Transaction between related party.", "label": "Related Party Transaction [Domain]", "verboseLabel": "Related Party Transaction [Domain]" } } }, "localname": "RelatedPartyTransactionDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RelatedPartyTransactionLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Related Party Transaction [Line Items]", "verboseLabel": "Related Party Transaction [Line Items]" } } }, "localname": "RelatedPartyTransactionLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Related Party Transactions [Abstract]" } } }, "localname": "RelatedPartyTransactionsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsByRelatedPartyAxis": { "auth_ref": [ "r379", "r589", "r593", "r635", "r636", "r637", "r638", "r639", "r640", "r641", "r642", "r643", "r644", "r645", "r646" ], "lang": { "en-us": { "role": { "documentation": "Information by type of related party. Related parties include, but not limited to, affiliates; other entities for which investments are accounted for by the equity method by the entity; trusts for benefit of employees; and principal owners, management, and members of immediate families. It also may include other parties with which the entity may control or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests.", "label": "Related Party [Axis]", "verboseLabel": "Related Party [Axis]" } } }, "localname": "RelatedPartyTransactionsByRelatedPartyAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsDisclosureTextBlock": { "auth_ref": [ "r587", "r588", "r590", "r594", "r595" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "Related Party Transactions Disclosure [Text Block]", "terseLabel": "Related-Party Transactions" } } }, "localname": "RelatedPartyTransactionsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactions" ], "xbrltype": "textBlockItemType" }, "us-gaap_RepaymentsOfLinesOfCredit": { "auth_ref": [ "r106", "r129" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.", "label": "Repayments of Lines of Credit", "negatedTerseLabel": "Payments on line-of-credit facilities" } } }, "localname": "RepaymentsOfLinesOfCredit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RepaymentsOfLongTermDebt": { "auth_ref": [ "r106" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer.", "label": "Repayments of Long-term Debt", "negatedTerseLabel": "Principal payments on long-term borrowings" } } }, "localname": "RepaymentsOfLongTermDebt", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReportingUnitAxis": { "auth_ref": [ "r263", "r264" ], "lang": { "en-us": { "role": { "documentation": "Information by reporting unit.", "label": "Reporting Unit [Axis]", "terseLabel": "Reporting Unit [Axis]" } } }, "localname": "ReportingUnitAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ReportingUnitDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Level of reporting at which goodwill is tested for impairment.", "label": "Reporting Unit [Domain]", "terseLabel": "Reporting Unit [Domain]" } } }, "localname": "ReportingUnitDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ResearchAndDevelopmentExpense": { "auth_ref": [ "r440", "r745" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 2.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.", "label": "Research and Development Expense", "terseLabel": "Research and development" } } }, "localname": "ResearchAndDevelopmentExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_ResearchAndDevelopmentExpenseMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption in which the reported facts about research and development expense have been included.", "label": "Research and Development Expense [Member]", "verboseLabel": "Research and development" } } }, "localname": "ResearchAndDevelopmentExpenseMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ResearchAndDevelopmentExpensePolicy": { "auth_ref": [ "r123", "r440" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for costs it has incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process.", "label": "Research and Development Expense, Policy [Policy Text Block]", "terseLabel": "Research and Development" } } }, "localname": "ResearchAndDevelopmentExpensePolicy", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_RestrictedCashCurrent": { "auth_ref": [ "r1", "r11", "r122" ], "calculation": { "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash restricted as to withdrawal or usage, classified as current. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits.", "label": "Restricted Cash, Current", "terseLabel": "Restricted cash included in prepaid expenses and other current assets" } } }, "localname": "RestrictedCashCurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedCashNoncurrent": { "auth_ref": [ "r6", "r14", "r122", "r731" ], "calculation": { "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash restricted as to withdrawal or usage, classified as noncurrent. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits.", "label": "Restricted Cash, Noncurrent", "terseLabel": "Restricted cash included in other assets" } } }, "localname": "RestrictedCashNoncurrent", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestrictedStockUnitsRSUMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Share instrument which is convertible to stock or an equivalent amount of cash, after a specified period of time or when specified performance conditions are met.", "label": "Restricted Stock Units (RSUs) [Member]", "terseLabel": "Restricted Stock Units (RSUs)", "verboseLabel": "Restricted Stock Units (RSUs)" } } }, "localname": "RestrictedStockUnitsRSUMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RestructuringAndRelatedActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Restructuring and Related Activities [Abstract]" } } }, "localname": "RestructuringAndRelatedActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock": { "auth_ref": [ "r300" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.", "label": "Restructuring and Related Activities Disclosure [Text Block]", "terseLabel": "Restructuring" } } }, "localname": "RestructuringAndRelatedActivitiesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/Restructuring" ], "xbrltype": "textBlockItemType" }, "us-gaap_RestructuringCharges": { "auth_ref": [ "r117", "r289", "r293", "r298" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation.", "label": "Restructuring Charges", "terseLabel": "Charges" } } }, "localname": "RestructuringCharges", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesScheduleofCashCashEquivalentsandRestrictedCashDetails", "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestructuringCostAndReserveAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by type of restructuring cost.", "label": "Restructuring Type [Axis]", "terseLabel": "Restructuring Type [Axis]" } } }, "localname": "RestructuringCostAndReserveAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RestructuringCostAndReserveLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Restructuring Cost and Reserve [Line Items]", "terseLabel": "Restructuring Cost and Reserve [Line Items]" } } }, "localname": "RestructuringCostAndReserveLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RestructuringCostsAndAssetImpairmentCharges": { "auth_ref": [ "r117" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 5.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan and expenses resulting from the write-down of assets. Excludes expenses related to a business combination, a discontinued operation or an asset retirement obligation.", "label": "Restructuring Costs and Asset Impairment Charges", "terseLabel": "Impairment of long-lived assets and other restructuring charges" } } }, "localname": "RestructuringCostsAndAssetImpairmentCharges", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestructuringPlanAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by individual restructuring plan.", "label": "Restructuring Plan [Axis]", "terseLabel": "Restructuring Plan [Axis]" } } }, "localname": "RestructuringPlanAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RestructuringPlanDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Identification of the individual restructuring plans.", "label": "Restructuring Plan [Domain]", "terseLabel": "Restructuring Plan [Domain]" } } }, "localname": "RestructuringPlanDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_RestructuringReserve": { "auth_ref": [ "r290", "r295" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan.", "label": "Restructuring Reserve", "periodEndLabel": "Balance at December 31, 2019", "periodStartLabel": "Balance at January 1, 2019" } } }, "localname": "RestructuringReserve", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RestructuringReserveRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Restructuring Reserve [Roll Forward]", "terseLabel": "Restructuring Reserve [Roll Forward]" } } }, "localname": "RestructuringReserveRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RestructuringReserveTranslationAdjustment": { "auth_ref": [ "r290", "r297" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of foreign currency translation gain (loss) which decreases (increases) the restructuring reserve.", "label": "Restructuring Reserve, Foreign Currency Translation Gain (Loss)", "negatedTerseLabel": "Foreign exchange adjustment" } } }, "localname": "RestructuringReserveTranslationAdjustment", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r23", "r329", "r432", "r682", "r706", "r711" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 4.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings (Accumulated Deficit)", "terseLabel": "Retained earnings" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsMember": { "auth_ref": [ "r136", "r137", "r138", "r141", "r150", "r152", "r233", "r429", "r430", "r431", "r476", "r477", "r702", "r704" ], "lang": { "en-us": { "role": { "documentation": "The cumulative amount of the reporting entity's undistributed earnings or deficit.", "label": "Retained Earnings [Member]", "verboseLabel": "Retained Earnings" } } }, "localname": "RetainedEarningsMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "domainItemType" }, "us-gaap_RevenueFromContractWithCustomerAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Revenue from Contract with Customer [Abstract]" } } }, "localname": "RevenueFromContractWithCustomerAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax": { "auth_ref": [ "r185", "r186", "r196", "r201", "r202", "r206", "r207", "r210", "r353", "r354", "r629" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_GrossProfit", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.", "label": "Revenue from Contract with Customer, Excluding Assessed Tax", "terseLabel": "Net sales", "verboseLabel": "Total" } } }, "localname": "RevenueFromContractWithCustomerExcludingAssessedTax", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByApplicationDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByGeographyDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByProductDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataComponentsOfSelectedQuarterlyFinancialDataDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenueFromContractWithCustomerPolicyTextBlock": { "auth_ref": [ "r124", "r345", "r346", "r347", "r348", "r349", "r350", "r351", "r352", "r366" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for revenue from contract with customer.", "label": "Revenue from Contract with Customer [Policy Text Block]", "terseLabel": "Revenue Recognition" } } }, "localname": "RevenueFromContractWithCustomerPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_RevenueFromContractWithCustomerTextBlock": { "auth_ref": [ "r335", "r336", "r337", "r338", "r339", "r340", "r343", "r344", "r357", "r366" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.", "label": "Revenue from Contract with Customer [Text Block]", "terseLabel": "Revenue From Contracts With Customers" } } }, "localname": "RevenueFromContractWithCustomerTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomers" ], "xbrltype": "textBlockItemType" }, "us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Revenue, Initial Application Period Cumulative Effect Transition [Line Items]", "terseLabel": "Revenue, Initial Application Period Cumulative Effect Transition [Line Items]" } } }, "localname": "RevenueInitialApplicationPeriodCumulativeEffectTransitionLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RevenueInitialApplicationPeriodCumulativeEffectTransitionTable": { "auth_ref": [ "r365" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information when using transition method for cumulative effect in initial period of application for revenue from contract with customer.", "label": "Revenue, Initial Application Period Cumulative Effect Transition [Table]", "terseLabel": "Revenue, Initial Application Period Cumulative Effect Transition [Table]" } } }, "localname": "RevenueInitialApplicationPeriodCumulativeEffectTransitionTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RevenueRemainingPerformanceObligation": { "auth_ref": [ "r341" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of transaction price allocated to performance obligation that has not been recognized as revenue.", "label": "Revenue, Remaining Performance Obligation, Amount", "terseLabel": "Remaining performance obligations" } } }, "localname": "RevenueRemainingPerformanceObligation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]", "terseLabel": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]" } } }, "localname": "RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1": { "auth_ref": [ "r342" ], "lang": { "en-us": { "role": { "documentation": "Period in which remaining performance obligation is expected to be recognized as revenue, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period", "terseLabel": "Remaining performance obligations, expected timing" } } }, "localname": "RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "durationItemType" }, "us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis": { "auth_ref": [ "r342" ], "lang": { "en-us": { "role": { "documentation": "Start date of time band for expected timing of satisfaction of remaining performance obligation, in CCYY-MM-DD format.", "label": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]", "terseLabel": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]" } } }, "localname": "RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about expected timing for satisfying remaining performance obligation.", "label": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table]", "terseLabel": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table]" } } }, "localname": "RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock": { "auth_ref": [ "r342" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of expected timing for satisfying remaining performance obligation.", "label": "Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]", "terseLabel": "Schedule of Remaining Performance Obligations" } } }, "localname": "RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability": { "auth_ref": [ "r581", "r585" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase in right-of-use asset obtained in exchange for operating lease liability.", "label": "Right-of-Use Asset Obtained in Exchange for Operating Lease Liability", "terseLabel": "Leased assets obtained in exchange for new operating lease liabilities" } } }, "localname": "RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_SalesMember": { "auth_ref": [ "r535" ], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption encompassing revenue from sale of goods and services rendered in the normal course of business.", "label": "Sales [Member]", "terseLabel": "Sales" } } }, "localname": "SalesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the components of accrued liabilities.", "label": "Schedule of Accrued Liabilities [Table Text Block]", "terseLabel": "Schedule of Accrued Liabilities" } } }, "localname": "ScheduleOfAccruedLiabilitiesTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/AccruedExpensesAndOtherLiabilitiesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock": { "auth_ref": [ "r74", "r565", "r566" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the components of accumulated other comprehensive income (loss).", "label": "Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]", "terseLabel": "Schedule of Accumulated Other Comprehensive Income (Loss)" } } }, "localname": "ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable": { "auth_ref": [ "r162" ], "lang": { "en-us": { "role": { "documentation": "Schedule for securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by Antidilutive Securities.", "label": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]", "terseLabel": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]", "verboseLabel": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]" } } }, "localname": "ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareAntiDilutiveSharesExcludedFromEPSDetails", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock": { "auth_ref": [ "r162" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.", "label": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]", "terseLabel": "Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share" } } }, "localname": "ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable": { "auth_ref": [ "r494", "r495" ], "lang": { "en-us": { "role": { "documentation": "Schedule reflecting each material business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities.", "label": "Schedule of Business Acquisitions, by Acquisition [Table]", "verboseLabel": "Schedule of Business Acquisitions, by Acquisition [Table]" } } }, "localname": "ScheduleOfBusinessAcquisitionsByAcquisitionTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsAssetsAcquiredandLiabilitiesAssumedDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the components of cash and cash equivalents.", "label": "Schedule of Cash and Cash Equivalents [Table Text Block]", "terseLabel": "Schedule of Cash and Cash Equivalents" } } }, "localname": "ScheduleOfCashAndCashEquivalentsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock": { "auth_ref": [ "r472" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.", "label": "Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]", "terseLabel": "Schedule of Components of Income Tax Expense (Benefit)" } } }, "localname": "ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDebtInstrumentsTextBlock": { "auth_ref": [ "r49", "r128", "r325", "r326", "r327", "r328", "r569", "r570", "r571", "r673" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.", "label": "Schedule of Long-term Debt Instruments [Table Text Block]", "terseLabel": "Schedule of Financing Arrangements" } } }, "localname": "ScheduleOfDebtInstrumentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable": { "auth_ref": [ "r367", "r368" ], "lang": { "en-us": { "role": { "documentation": "Schedule, table or text reflecting arrangements that are not equity-based payments, or pension and other postretirement benefits, with individual employees. The arrangements (for example, profit sharing, deferred bonuses or certain split-dollar life insurance arrangements) are generally based on employment contracts between the entity and one or more selected officers or key employees, and which contain a promise by the employer to pay certain amounts at designated future dates, sometimes including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period and the carrying amount as of the balance sheet date of the related liability.", "label": "Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table]", "verboseLabel": "Schedule of Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits, by Title of Individual and by Type of Deferred Compensation [Table]" } } }, "localname": "ScheduleOfDeferredCompensationArrangementWithIndividualExcludingShareBasedPaymentsAndPostretirementBenefitsByTitleOfIndividualAndByTypeOfDeferredCompensationTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock": { "auth_ref": [ "r463" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.", "label": "Schedule of Deferred Tax Assets and Liabilities [Table Text Block]", "terseLabel": "Schedule of Deferred Tax Assets and Liabilities" } } }, "localname": "ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock": { "auth_ref": [ "r528", "r533", "r537" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.", "label": "Derivative Instruments, Gain (Loss) [Table Text Block]", "terseLabel": "Derivative Gains (Losses) in the Consolidated Statements of Income Related to Interest Rate Swap Contracts" } } }, "localname": "ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock": { "auth_ref": [ "r529" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position.", "label": "Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]", "terseLabel": "Fair Value of Derivatives" } } }, "localname": "ScheduleOfDerivativesInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/DerivativeInstrumentsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock": { "auth_ref": [ "r161" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.", "label": "Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]", "terseLabel": "Schedule of Earnings Per Share, Basic and Diluted" } } }, "localname": "ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock": { "auth_ref": [ "r449" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.", "label": "Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]", "terseLabel": "Schedule of Effective Income Tax Rate Reconciliation" } } }, "localname": "ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable": { "auth_ref": [ "r390", "r420", "r434" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about amount recognized for award under share-based payment arrangement. Includes, but is not limited to, amount expensed in statement of income or comprehensive income, amount capitalized in statement of financial position, and corresponding reporting line item in financial statements.", "label": "Share-based Payment Arrangement, Expensed and Capitalized, Amount [Table]", "verboseLabel": "Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table]" } } }, "localname": "ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable": { "auth_ref": [ "r268", "r274", "r630" ], "lang": { "en-us": { "role": { "documentation": "Schedule of assets, excluding financial assets and goodwill, lacking physical substance with a finite life.", "label": "Schedule of Finite-Lived Intangible Assets [Table]", "verboseLabel": "Schedule of Finite-Lived Intangible Assets [Table]" } } }, "localname": "ScheduleOfFiniteLivedIntangibleAssetsTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsIntangibleAssetsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock": { "auth_ref": [ "r268", "r274" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.", "label": "Schedule of Finite-Lived Intangible Assets [Table Text Block]", "terseLabel": "Schedule of Intangible Assets" } } }, "localname": "ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfGoodwillTable": { "auth_ref": [ "r262", "r265" ], "lang": { "en-us": { "role": { "documentation": "Schedule of goodwill and the changes during the year due to acquisition, sale, impairment or for other reasons.", "label": "Schedule of Goodwill [Table]", "terseLabel": "Schedule of Goodwill [Table]" } } }, "localname": "ScheduleOfGoodwillTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfGoodwillTextBlock": { "auth_ref": [ "r262", "r265" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.", "label": "Schedule of Goodwill [Table Text Block]", "verboseLabel": "Schedule of Goodwill" } } }, "localname": "ScheduleOfGoodwillTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock": { "auth_ref": [ "r130" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of income before income tax between domestic and foreign jurisdictions.", "label": "Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]", "terseLabel": "Schedule of Income before Income Tax, Domestic and Foreign" } } }, "localname": "ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfInventoryCurrentTableTextBlock": { "auth_ref": [ "r10", "r32", "r33", "r34" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.", "label": "Schedule of Inventory, Current [Table Text Block]", "terseLabel": "Components of Inventories" } } }, "localname": "ScheduleOfInventoryCurrentTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/InventoriesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock": { "auth_ref": [ "r320" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of maturity and sinking fund requirement for long-term debt.", "label": "Schedule of Maturities of Long-term Debt [Table Text Block]", "terseLabel": "Schedule of Future Principal Payments" } } }, "localname": "ScheduleOfMaturitiesOfLongTermDebtTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock": { "auth_ref": [ "r144", "r147", "r168", "r169" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.", "label": "Accounting Standards Update and Change in Accounting Principle [Table Text Block]", "terseLabel": "Cumulative Effect of Change to Balance Sheet" } } }, "localname": "ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock": { "auth_ref": [ "r317" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability.", "label": "Schedule of Product Warranty Liability [Table Text Block]", "terseLabel": "Schedule of Product Warranty Liability" } } }, "localname": "ScheduleOfProductWarrantyLiabilityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfPropertyPlantAndEquipmentTable": { "auth_ref": [ "r40", "r285" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about 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.", "label": "Property, Plant and Equipment [Table]", "verboseLabel": "Property, Plant and Equipment [Table]" } } }, "localname": "ScheduleOfPropertyPlantAndEquipmentTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentComponentsOfPropertyPlantAndEquipmentDetails", "http://www.ipgphotonics.com/role/PropertyPlantAndEquipmentLongLivedAssetsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock": { "auth_ref": [ "r171" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data.", "label": "Quarterly Financial Information [Table Text Block]", "terseLabel": "Schedule of Quarterly Financial Data" } } }, "localname": "ScheduleOfQuarterlyFinancialInformationTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/SelectedQuarterlyFinancialDataTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock": { "auth_ref": [ "r498" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.", "label": "Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]", "terseLabel": "Schedule of Recognized Identified Assets Acquired and Liabilities Assumed" } } }, "localname": "ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/BusinessCombinationsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable": { "auth_ref": [ "r127", "r591", "r593" ], "lang": { "en-us": { "role": { "documentation": "Schedule of quantitative and qualitative information pertaining to related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "Schedule of Related Party Transactions, by Related Party [Table]", "verboseLabel": "Schedule of Related Party Transactions, by Related Party [Table]" } } }, "localname": "ScheduleOfRelatedPartyTransactionsByRelatedPartyTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RelatedPartyTransactionsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock": { "auth_ref": [ "r11", "r122", "r647", "r680" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.", "label": "Restrictions on Cash and Cash Equivalents [Table Text Block]", "terseLabel": "Schedule of Restricted Cash" } } }, "localname": "ScheduleOfRestrictedCashAndCashEquivalentsTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfRestructuringAndRelatedCostsTable": { "auth_ref": [ "r291", "r292", "r296" ], "lang": { "en-us": { "role": { "documentation": "Table presenting the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and the amount of and periodic changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost by type of restructuring.", "label": "Schedule of Restructuring and Related Costs [Table]", "terseLabel": "Schedule of Restructuring and Related Costs [Table]" } } }, "localname": "ScheduleOfRestructuringAndRelatedCostsTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock": { "auth_ref": [ "r291", "r292", "r296" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.", "label": "Restructuring and Related Costs [Table Text Block]", "terseLabel": "Summary of Restructuring Accrual" } } }, "localname": "ScheduleOfRestructuringAndRelatedCostsTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RestructuringTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock": { "auth_ref": [ "r404", "r409", "r411" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.", "label": "Share-based Payment Arrangement, Activity [Table Text Block]", "terseLabel": "Stock-Based Compensation" } } }, "localname": "ScheduleOfShareBasedCompensationActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable": { "auth_ref": [ "r391", "r423" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about share-based payment arrangement.", "label": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]", "verboseLabel": "Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]" } } }, "localname": "ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock": { "auth_ref": [ "r397" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year.", "label": "Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]", "terseLabel": "Summary of Restricted Stock Unit Activity" } } }, "localname": "ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock": { "auth_ref": [ "r397", "r409", "r411" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.", "label": "Share-based Payment Arrangement, Option, Activity [Table Text Block]", "terseLabel": "Summary of Option Activity" } } }, "localname": "ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock": { "auth_ref": [ "r414" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.", "label": "Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]", "terseLabel": "Summary of Stock Option Valuation Assumptions" } } }, "localname": "ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock": { "auth_ref": [ "r274" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.", "label": "Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]", "terseLabel": "Estimated Future Amortization For Intangibles" } } }, "localname": "ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/GoodwillAndIntangibleAssetsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_SecuredDebtMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Collateralized debt obligation backed by, for example, but not limited to, pledge, mortgage or other lien on the entity's assets.", "label": "Secured Debt [Member]", "verboseLabel": "Secured Debt" } } }, "localname": "SecuredDebtMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SegmentReportingPolicyPolicyTextBlock": { "auth_ref": [ "r123", "r190", "r191", "r192", "r193", "r194", "r195", "r207" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for segment reporting.", "label": "Segment Reporting, Policy [Policy Text Block]", "terseLabel": "Business Segment Information" } } }, "localname": "SegmentReportingPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_SelectedQuarterlyFinancialInformationAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Selected Quarterly Financial Information [Abstract]" } } }, "localname": "SelectedQuarterlyFinancialInformationAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_SellingAndMarketingExpense": { "auth_ref": [], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome": { "order": 1.0, "parentTag": "us-gaap_OperatingExpenses", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The aggregate total amount of expenses directly related to the marketing or selling of products or services.", "label": "Selling and Marketing Expense", "terseLabel": "Sales and marketing" } } }, "localname": "SellingAndMarketingExpense", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "monetaryItemType" }, "us-gaap_SellingAndMarketingExpenseMember": { "auth_ref": [ "r90" ], "lang": { "en-us": { "role": { "documentation": "Primary financial statement caption encompassing selling and marketing expense.", "label": "Selling and Marketing Expense [Member]", "verboseLabel": "Sales and marketing" } } }, "localname": "SellingAndMarketingExpenseMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationComponentsOfStockBasedCompensationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensation": { "auth_ref": [ "r116" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of noncash expense for share-based payment arrangement.", "label": "Share-based Payment Arrangement, Noncash Expense", "verboseLabel": "Stock-based compensation" } } }, "localname": "ShareBasedCompensation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1": { "auth_ref": [ "r392" ], "lang": { "en-us": { "role": { "documentation": "Period over which grantee's right to exercise award under share-based payment arrangement is no longer contingent on satisfaction of service or performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, combination of market, performance or service condition.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period", "terseLabel": "Vesting period" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate": { "auth_ref": [ "r423" ], "lang": { "en-us": { "role": { "documentation": "Discount rate from fair value on offering date that participants pay for shares.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Offering Date", "terseLabel": "Discount form market price" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPriceOfferingDate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdditionalDisclosuresAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]", "terseLabel": "Additional Disclosures" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdditionalDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod": { "auth_ref": [ "r403" ], "lang": { "en-us": { "role": { "documentation": "The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period", "negatedLabel": "Canceled (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue": { "auth_ref": [ "r408" ], "lang": { "en-us": { "role": { "documentation": "Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value", "terseLabel": "Weighted-Average Grant-Date Fair Value, Canceled (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod": { "auth_ref": [ "r406" ], "lang": { "en-us": { "role": { "documentation": "The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period", "terseLabel": "Granted (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r406" ], "lang": { "en-us": { "role": { "documentation": "The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value", "terseLabel": "Weighted-average grant-date fair value, granted (in dollars per share)", "verboseLabel": "Weighted-Average Grant-Date Fair Value, Granted (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber": { "auth_ref": [ "r405" ], "lang": { "en-us": { "role": { "documentation": "The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number", "periodEndLabel": "Outstanding, ending balance (in shares)", "periodStartLabel": "Outstanding, beginning balance (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue": { "auth_ref": [ "r405" ], "lang": { "en-us": { "role": { "documentation": "Per share or unit weighted-average fair value of nonvested award under share-based payment arrangement. Excludes share and unit options.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value", "periodEndLabel": "Weighted-Average Grant-Date Fair Value, Outstanding, ending balance (in dollars per share)", "periodStartLabel": "Weighted-Average Grant-Date Fair Value, Outstanding, beginning balance (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]", "terseLabel": "Weighted-Average Grant-Date Fair Value" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms": { "auth_ref": [ "r412" ], "lang": { "en-us": { "role": { "documentation": "Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Outstanding, Weighted Average Remaining Contractual Terms", "terseLabel": "Weighted-Average Remaining Contractual Life, Outstanding" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "durationItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod": { "auth_ref": [ "r407" ], "lang": { "en-us": { "role": { "documentation": "The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period", "negatedLabel": "Vested (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue": { "auth_ref": [ "r407" ], "lang": { "en-us": { "role": { "documentation": "The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value", "terseLabel": "Weighted-Average Grant-Date Fair Value, Vested (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Agreed-upon price for the exchange of the underlying asset relating to the share-based payment award.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price", "terseLabel": "Weighted-average fair value per share (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate": { "auth_ref": [ "r417" ], "lang": { "en-us": { "role": { "documentation": "The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate", "terseLabel": "Dividend yield" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate": { "auth_ref": [ "r416" ], "lang": { "en-us": { "role": { "documentation": "The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate", "terseLabel": "Volatility" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The estimated measure of the maximum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum", "terseLabel": "Volatility, maximum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The estimated measure of the minimum percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum", "terseLabel": "Volatility, minimum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate": { "auth_ref": [ "r418" ], "lang": { "en-us": { "role": { "documentation": "The risk-free interest rate assumption that is used in valuing an option on its own shares.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate", "terseLabel": "Risk-free rate of return" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The maximum risk-free interest rate assumption that is used in valuing an option on its own shares.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum", "terseLabel": "Risk-free rate of return, maximum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The minimum risk-free interest rate assumption that is used in valuing an option on its own shares.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum", "terseLabel": "Risk-free rate of return, minimum" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]", "verboseLabel": "Share-based Compensation Arrangement by Share-based Payment Award [Line Items]" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate": { "auth_ref": [ "r423" ], "lang": { "en-us": { "role": { "documentation": "The highest percentage of annual salary that an employee is permitted to utilize with respect to the plan.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate", "terseLabel": "Maximum employee subscription rate" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "percentItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]", "terseLabel": "Number of Shares" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant": { "auth_ref": [ "r423" ], "lang": { "en-us": { "role": { "documentation": "The difference between the maximum number of shares (or other type of equity) authorized for issuance under the plan (including the effects of amendments and adjustments), and the sum of: 1) the number of shares (or other type of equity) already issued upon exercise of options or other equity-based awards under the plan; and 2) shares (or other type of equity) reserved for issuance on granting of outstanding awards, net of cancellations and forfeitures, if applicable.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant", "verboseLabel": "Shares available for grant (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]", "terseLabel": "Additional Disclosures" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdditionalDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber": { "auth_ref": [ "r400" ], "lang": { "en-us": { "role": { "documentation": "The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number", "verboseLabel": "Exercisable (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice": { "auth_ref": [ "r400" ], "lang": { "en-us": { "role": { "documentation": "The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price", "terseLabel": "Exercisable (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue": { "auth_ref": [ "r410" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of accumulated difference between fair value of underlying shares on dates of exercise and exercise price on options exercised (or share units converted) into shares.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value", "terseLabel": "Intrinsic value of options exercised" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod": { "auth_ref": [ "r403" ], "lang": { "en-us": { "role": { "documentation": "The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period", "negatedTerseLabel": "Forfeited (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod": { "auth_ref": [ "r401" ], "lang": { "en-us": { "role": { "documentation": "Net number of share options (or share units) granted during the period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures", "terseLabel": "Granted (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue": { "auth_ref": [ "r423" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount by which the current fair value of the underlying stock exceeds the exercise price of options outstanding.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value", "terseLabel": "Outstanding, Aggregate intrinsic value" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber": { "auth_ref": [ "r399", "r423" ], "lang": { "en-us": { "role": { "documentation": "Number of options outstanding, including both vested and non-vested options.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number", "periodEndLabel": "Outstanding (in shares)", "periodStartLabel": "Outstanding (in shares)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]", "verboseLabel": "Number of Options" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice": { "auth_ref": [ "r398" ], "lang": { "en-us": { "role": { "documentation": "Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price", "periodEndLabel": "Outstanding (in dollars per share)", "periodStartLabel": "Outstanding (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]", "terseLabel": "Weighted-Average Exercise Price" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue": { "auth_ref": [ "r413" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount by which current fair value of underlying stock exceeds exercise price of fully vested and expected to vest exercisable or convertible options. Includes, but is not limited to, unvested options for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Exercisable, Aggregate Intrinsic Value", "terseLabel": "Aggregate fair value of awards vested" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain": { "auth_ref": [ "r389", "r394" ], "lang": { "en-us": { "role": { "documentation": "Award under share-based payment arrangement.", "label": "Award Type [Domain]", "terseLabel": "Equity Award [Domain]", "verboseLabel": "Equity Award [Domain]" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Weighted average price at which option holders acquired shares when converting their stock options into shares.", "label": "Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price", "verboseLabel": "Exercised (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated.", "label": "Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price", "terseLabel": "Forfeited (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options.", "label": "Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price", "terseLabel": "Granted (in dollars per share)" } } }, "localname": "ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy": { "auth_ref": [ "r123", "r391", "r395" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for award under share-based payment arrangement. Includes, but is not limited to, methodology and assumption used in measuring cost.", "label": "Share-based Payment Arrangement [Policy Text Block]", "terseLabel": "Stock-Based Compensation" } } }, "localname": "ShareBasedCompensationOptionAndIncentivePlansPolicy", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock": { "auth_ref": [ "r396" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of the number and weighted-average grant date fair value for outstanding performance shares.", "label": "Share-based Payment Arrangement, Performance Shares, Outstanding Activity [Table Text Block]", "terseLabel": "Summary of Performance Stock Unit Activity" } } }, "localname": "ShareBasedCompensationPerformanceSharesAwardOutstandingActivityTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ShareRepurchaseProgramAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by share repurchase program.", "label": "Share Repurchase Program [Axis]", "terseLabel": "Share Repurchase Program [Axis]" } } }, "localname": "ShareRepurchaseProgramAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ShareRepurchaseProgramDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the share repurchase program.", "label": "Share Repurchase Program [Domain]", "terseLabel": "Share Repurchase Program [Domain]" } } }, "localname": "ShareRepurchaseProgramDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1": { "auth_ref": [ "r420" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cost expensed and capitalized for award under share-based payment arrangement.", "label": "Share-based Payment Arrangement, Expensed and Capitalized, Amount", "terseLabel": "Compensation expense for employee stock purchase plan" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/EmployeeBenefitPlansDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Intrinsic value of outstanding award under share-based payment arrangement. Excludes share and unit options.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Aggregate Intrinsic Value, Outstanding", "terseLabel": "Aggregate Intrinsic Value, Outstanding" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofPerformanceStockUnitActivityDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryofRestrictedStockUnitActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod": { "auth_ref": [ "r393" ], "lang": { "en-us": { "role": { "documentation": "Period from grant date that an equity-based award expires, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period", "terseLabel": "Expiration period" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationNarrativeDetails" ], "xbrltype": "durationItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1": { "auth_ref": [ "r415", "r433" ], "lang": { "en-us": { "role": { "documentation": "Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term", "terseLabel": "Expected term" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsOptionsDetails", "http://www.ipgphotonics.com/role/StockBasedCompensationWeightedAverageAssumptionsPSUsDetails" ], "xbrltype": "durationItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1": { "auth_ref": [ "r423" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value", "terseLabel": "Exercisable, Aggregate intrinsic value" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1": { "auth_ref": [ "r423" ], "lang": { "en-us": { "role": { "documentation": "Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term", "terseLabel": "Exercisable, Weighted-average remaining contractual life" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "durationItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of non-vested options outstanding.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares", "terseLabel": "Unvested (in shares)" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2": { "auth_ref": [ "r412" ], "lang": { "en-us": { "role": { "documentation": "Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term", "terseLabel": "Outstanding, Weighted-average remaining contractual life" } } }, "localname": "SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "durationItemType" }, "us-gaap_SharesIssued": { "auth_ref": [ "r324" ], "lang": { "en-us": { "role": { "documentation": "Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.", "label": "Shares, Issued", "periodEndLabel": "Ending balance (in shares)", "periodStartLabel": "Beginning balance (in shares)" } } }, "localname": "SharesIssued", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "sharesItemType" }, "us-gaap_ShortTermInvestments": { "auth_ref": [ "r16", "r655", "r656", "r676" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of investments including trading securities, available-for-sale securities, held-to-maturity securities, and short-term investments classified as other and current.", "label": "Short-term Investments", "terseLabel": "Short-term investments" } } }, "localname": "ShortTermInvestments", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss": { "auth_ref": [ "r314" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of foreign currency translation gain (loss) which decreases (increases) the standard and extended product warranty accrual.", "label": "Standard and Extended Product Warranty Accrual, Foreign Currency Translation Gain (Loss)", "negatedLabel": "Foreign currency translation and other" } } }, "localname": "StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ProductWarrantiesSummaryofProductWarrantyActivityDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_StandardProductWarrantyPolicy": { "auth_ref": [ "r123", "r313" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for standard warranties including the methodology for measuring the liability.", "label": "Standard Product Warranty, Policy [Policy Text Block]", "terseLabel": "Warranties" } } }, "localname": "StandardProductWarrantyPolicy", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r54", "r136", "r137", "r138", "r141", "r150", "r152", "r173", "r233", "r324", "r329", "r429", "r430", "r431", "r476", "r477", "r560", "r561", "r562", "r563", "r564", "r566", "r702", "r703", "r704" ], "lang": { "en-us": { "role": { "documentation": "Information by component of equity.", "label": "Equity Components [Axis]", "terseLabel": "Equity Components [Axis]", "verboseLabel": "Equity Components [Axis]" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/FairValueMeasurementsNarrativeDetails", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]", "verboseLabel": "Statement [Line Items]" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Financial Position [Abstract]" } } }, "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Comprehensive Income [Abstract]" } } }, "localname": "StatementOfIncomeAndComprehensiveIncomeAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Stockholders' Equity [Abstract]" } } }, "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [ "r136", "r137", "r138", "r173", "r629" ], "lang": { "en-us": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]", "verboseLabel": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "stringItemType" }, "us-gaap_StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans": { "auth_ref": [ "r19", "r20", "r324", "r329" ], "lang": { "en-us": { "role": { "documentation": "Number of shares issued during the period as a result of an employee stock purchase plan.", "label": "Stock Issued During Period, Shares, Employee Stock Purchase Plans", "verboseLabel": "Common stock issued under employee stock purchase plan (in shares)" } } }, "localname": "StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised": { "auth_ref": [ "r19", "r20", "r324", "r329", "r402" ], "lang": { "en-us": { "role": { "documentation": "Number of share options (or share units) exercised during the current period.", "label": "Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period", "negatedTerseLabel": "Exercised (in shares)" } } }, "localname": "StockIssuedDuringPeriodSharesStockOptionsExercised", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/StockBasedCompensationSummaryOfOptionActivityDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodValueEmployeeStockPurchasePlan": { "auth_ref": [ "r19", "r20", "r324", "r329" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate change in value for stock issued during the period as a result of employee stock purchase plan.", "label": "Stock Issued During Period, Value, Employee Stock Purchase Plan", "verboseLabel": "Common stock issued under employee stock purchase plan" } } }, "localname": "StockIssuedDuringPeriodValueEmployeeStockPurchasePlan", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchaseProgramAuthorizedAmount1": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of stock repurchase plan authorized.", "label": "Stock Repurchase Program, Authorized Amount", "verboseLabel": "Authorized amount" } } }, "localname": "StockRepurchaseProgramAuthorizedAmount1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount remaining of a stock repurchase plan authorized.", "label": "Stock Repurchase Program, Remaining Authorized Repurchase Amount", "terseLabel": "Remaining authorized repurchase amount" } } }, "localname": "StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockRepurchasedDuringPeriodShares": { "auth_ref": [ "r19", "r20", "r324", "r329" ], "lang": { "en-us": { "role": { "documentation": "Number of shares that have been repurchased during the period and have not been retired and are not held in treasury. Some state laws may govern the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.", "label": "Stock Repurchased During Period, Shares", "verboseLabel": "Shares repurchased (in shares)" } } }, "localname": "StockRepurchasedDuringPeriodShares", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_StockRepurchasedDuringPeriodValue": { "auth_ref": [ "r19", "r20", "r324", "r329" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock.", "label": "Stock Repurchased During Period, Value", "negatedLabel": "Purchased common stock" } } }, "localname": "StockRepurchasedDuringPeriodValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquity": { "auth_ref": [ "r20", "r25", "r26", "r125", "r220", "r228", "r554" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.", "label": "Stockholders' Equity Attributable to Parent", "totalLabel": "Total IPG Photonics Corporation stockholders' equity" } } }, "localname": "StockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Stockholders' Equity Attributable to Parent [Abstract]", "terseLabel": "IPG Photonics Corporation equity:" } } }, "localname": "StockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest": { "auth_ref": [ "r125", "r136", "r137", "r138", "r141", "r150", "r228", "r233", "r329", "r429", "r430", "r431", "r476", "r477", "r506", "r507", "r520", "r554", "r560", "r561", "r566", "r703", "r704" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.", "label": "Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest", "periodEndLabel": "Ending balance", "periodStartLabel": "Beginning balance", "totalLabel": "Total equity", "verboseLabel": "Accumulated other comprehensive loss" } } }, "localname": "StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets", "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity", "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesComponentsOfAccumulatedOtherComprehensiveLossDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_SubsequentEventMember": { "auth_ref": [ "r567", "r596" ], "lang": { "en-us": { "role": { "documentation": "Identifies event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event [Member]", "terseLabel": "Subsequent Event" } } }, "localname": "SubsequentEventMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SubsequentEventTypeAxis": { "auth_ref": [ "r567", "r596" ], "lang": { "en-us": { "role": { "documentation": "Information by event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Axis]", "terseLabel": "Subsequent Event Type [Axis]" } } }, "localname": "SubsequentEventTypeAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventTypeDomain": { "auth_ref": [ "r567", "r596" ], "lang": { "en-us": { "role": { "documentation": "Event that occurred after the balance sheet date but before financial statements are issued or available to be issued.", "label": "Subsequent Event Type [Domain]", "terseLabel": "Subsequent Event Type [Domain]" } } }, "localname": "SubsequentEventTypeDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/CommitmentsAndContingenciesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_SummaryOfIncomeTaxContingenciesTextBlock": { "auth_ref": [ "r452", "r459", "r461" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.", "label": "Summary of Income Tax Contingencies [Table Text Block]", "terseLabel": "Summary of Income Tax Contingencies" } } }, "localname": "SummaryOfIncomeTaxContingenciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_SummaryOfIncomeTaxExaminationsTextBlock": { "auth_ref": [ "r454", "r473" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of income tax examinations that an enterprise is currently subject to or that have been completed in the current period typically including a description of the examination, the jurisdiction conducting the examination, the tax year(s) under examination, the likelihood of an unfavorable settlement, the range of possible losses, the liability recorded, the increase or decrease in the liability from the prior period, and any penalties and interest that have been recorded.", "label": "Summary of Income Tax Examinations [Table Text Block]", "terseLabel": "Summary of Income Tax Examinations" } } }, "localname": "SummaryOfIncomeTaxExaminationsTextBlock", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_SupplementalCashFlowInformationAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Supplemental Cash Flow Information [Abstract]", "verboseLabel": "Supplemental disclosure of cash flow information:" } } }, "localname": "SupplementalCashFlowInformationAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_TaxCreditCarryforwardAmount": { "auth_ref": [ "r466" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of the tax credit carryforward, before tax effects, available to reduce future taxable income under enacted tax laws.", "label": "Tax Credit Carryforward, Amount", "terseLabel": "Tax credit carry-forwards" } } }, "localname": "TaxCreditCarryforwardAmount", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_TaxCreditCarryforwardAxis": { "auth_ref": [ "r467" ], "lang": { "en-us": { "role": { "documentation": "Information by specific tax credit related to an unused tax credit.", "label": "Tax Credit Carryforward [Axis]", "verboseLabel": "Tax Credit Carryforward [Axis]" } } }, "localname": "TaxCreditCarryforwardAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_TaxCreditCarryforwardLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Tax Credit Carryforward [Line Items]", "verboseLabel": "Tax Credit Carryforward [Line Items]" } } }, "localname": "TaxCreditCarryforwardLineItems", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_TaxCreditCarryforwardNameDomain": { "auth_ref": [ "r467" ], "lang": { "en-us": { "role": { "documentation": "The name of the tax credit carryforward.", "label": "Tax Credit Carryforward, Name [Domain]", "verboseLabel": "Tax Credit Carryforward, Name [Domain]" } } }, "localname": "TaxCreditCarryforwardNameDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TaxCreditCarryforwardTable": { "auth_ref": [ "r467" ], "lang": { "en-us": { "role": { "documentation": "A listing of tax credit carryforwards available to reduce future taxable income including descriptions, amounts, expiration dates, limitations on use and the related deferred tax assets and valuation allowances.", "label": "Tax Credit Carryforward [Table]", "verboseLabel": "Tax Credit Carryforward [Table]" } } }, "localname": "TaxCreditCarryforwardTable", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_TaxCreditCarryforwardValuationAllowance": { "auth_ref": [ "r462" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of valuation allowance pertaining to the deferred tax asset representing potential future taxable deductions from tax credit carryforwards for which it is more likely than not that a tax benefit will not be realized.", "label": "Tax Credit Carryforward, Valuation Allowance", "terseLabel": "Tax credit carryforward, valuation allowance" } } }, "localname": "TaxCreditCarryforwardValuationAllowance", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_TimingOfTransferOfGoodOrServiceAxis": { "auth_ref": [ "r354", "r363" ], "lang": { "en-us": { "role": { "documentation": "Information by timing of transfer of good or service to customer.", "label": "Timing of Transfer of Good or Service [Axis]", "terseLabel": "Timing of Transfer of Good or Service [Axis]" } } }, "localname": "TimingOfTransferOfGoodOrServiceAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "stringItemType" }, "us-gaap_TimingOfTransferOfGoodOrServiceDomain": { "auth_ref": [ "r354", "r363" ], "lang": { "en-us": { "role": { "documentation": "Timing of transfer of good or service to customer. Includes, but is not limited to, at point in time or over time.", "label": "Timing of Transfer of Good or Service [Domain]", "terseLabel": "Timing of Transfer of Good or Service [Domain]" } } }, "localname": "TimingOfTransferOfGoodOrServiceDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TradeAndOtherAccountsReceivablePolicy": { "auth_ref": [ "r214", "r215", "r216", "r217", "r219", "r221" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for accounts receivable.", "label": "Accounts Receivable [Policy Text Block]", "terseLabel": "Accounts Receivable and Allowance for Doubtful Accounts" } } }, "localname": "TradeAndOtherAccountsReceivablePolicy", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_TransferredAtPointInTimeMember": { "auth_ref": [ "r363" ], "lang": { "en-us": { "role": { "documentation": "Contract with customer in which good or service is transferred at point in time.", "label": "Transferred at Point in Time [Member]", "terseLabel": "Goods and services transferred at a point in time" } } }, "localname": "TransferredAtPointInTimeMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TransferredOverTimeMember": { "auth_ref": [ "r363" ], "lang": { "en-us": { "role": { "documentation": "Contract with customer in which good or service is transferred over time.", "label": "Transferred over Time [Member]", "terseLabel": "Goods and services transferred over time", "verboseLabel": "Revenue expected to be recognized for extended warranty agreements" } } }, "localname": "TransferredOverTimeMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersDisaggregationofRevenueByTimingDetails", "http://www.ipgphotonics.com/role/RevenueFromContractsWithCustomersScheduleofRemainingPerformanceObligationsDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain": { "auth_ref": [ "r224", "r225", "r598", "r599", "r600", "r601", "r602", "r603", "r604", "r605", "r606", "r607", "r608", "r609", "r610", "r611", "r612", "r613", "r614", "r615", "r616", "r617", "r618", "r619", "r620", "r621", "r622", "r623", "r624", "r625", "r626", "r627" ], "lang": { "en-us": { "role": { "documentation": "Instrument or contract that imposes a contractual obligation to deliver cash or another financial instrument or to exchange other financial instruments on potentially unfavorable terms and conveys a contractual right to receive cash or another financial instrument or to exchange other financial instruments on potentially favorable terms.", "label": "Financial Instruments [Domain]", "verboseLabel": "Financial Instruments [Domain]" } } }, "localname": "TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsFairValueofAuctionRateSecuritiesandContingentPurchaseConsiderationDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TreasuryStockAcquiredAverageCostPerShare": { "auth_ref": [ "r330" ], "lang": { "en-us": { "role": { "documentation": "Total cost of shares repurchased divided by the total number of shares repurchased.", "label": "Treasury Stock Acquired, Average Cost Per Share", "verboseLabel": "Shares repurchased, average cost per share (in dollars per share)" } } }, "localname": "TreasuryStockAcquiredAverageCostPerShare", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareNarrativeDetails" ], "xbrltype": "perShareItemType" }, "us-gaap_TreasuryStockMember": { "auth_ref": [ "r53", "r330" ], "lang": { "en-us": { "role": { "documentation": "Shares of an entity that have been repurchased by the entity. This stock has no voting rights and receives no dividends. Note that treasury stock may be recorded at its total cost or separately as par (or stated) value and additional paid in capital. Classified within stockholders' equity if nonredeemable or redeemable solely at the option of the issuer. Classified within temporary equity if redemption is outside the control of the issuer.", "label": "Treasury Stock [Member]", "terseLabel": "Treasury Stock" } } }, "localname": "TreasuryStockMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "domainItemType" }, "us-gaap_TreasuryStockShares": { "auth_ref": [ "r53", "r330" ], "lang": { "en-us": { "role": { "documentation": "Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends.", "label": "Treasury Stock, Shares", "terseLabel": "Treasury stock, shares (in shares)" } } }, "localname": "TreasuryStockShares", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_TreasuryStockSharesAcquired": { "auth_ref": [ "r20", "r324", "r329" ], "lang": { "en-us": { "role": { "documentation": "Number of shares that have been repurchased during the period and are being held in treasury.", "label": "Treasury Stock, Shares, Acquired", "negatedLabel": "Purchased common stock (in shares)" } } }, "localname": "TreasuryStockSharesAcquired", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfEquity" ], "xbrltype": "sharesItemType" }, "us-gaap_TreasuryStockValue": { "auth_ref": [ "r53", "r330", "r331" ], "calculation": { "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquity", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury.", "label": "Treasury Stock, Value", "negatedLabel": "Treasury stock, at cost, 2,034,012 and 1,732,352 shares held at December\u00a031, 2020 and December\u00a031, 2019, respectively." } } }, "localname": "TreasuryStockValue", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedBalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_TypeOfAdoptionMember": { "auth_ref": [ "r140", "r141", "r142", "r143", "r230", "r231", "r232", "r233", "r234", "r235", "r425", "r426", "r427", "r428", "r429", "r430", "r431", "r432", "r474", "r475", "r476", "r477", "r631", "r632", "r633", "r700", "r701", "r702", "r703", "r704", "r705", "r706", "r707", "r708", "r709", "r710", "r711" ], "lang": { "en-us": { "role": { "documentation": "Amendment to accounting standards.", "label": "Accounting Standards Update [Domain]", "terseLabel": "Type of Adoption [Domain]" } } }, "localname": "TypeOfAdoptionMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesCumulativeEffectofChangetoBalanceSheetDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TypeOfRestructuringDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Identification of the types of restructuring costs.", "label": "Type of Restructuring [Domain]", "terseLabel": "Type of Restructuring [Domain]" } } }, "localname": "TypeOfRestructuringDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesNarrativeDetails", "http://www.ipgphotonics.com/role/RestructuringSummaryofRestructuringAccrualDetails" ], "xbrltype": "domainItemType" }, "us-gaap_USTreasurySecuritiesMember": { "auth_ref": [ "r372", "r380", "r668" ], "lang": { "en-us": { "role": { "documentation": "This category includes information about debt securities issued by the United States Department of the Treasury and backed by the United States government. Such securities primarily consist of treasury bills (short-term maturities - one year or less), treasury notes (intermediate term maturities - two to ten years), and treasury bonds (long-term maturities - ten to thirty years).", "label": "US Treasury Securities [Member]", "terseLabel": "U.S. Treasury and agency obligations" } } }, "localname": "USTreasurySecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FairValueMeasurementsAssetsandLiabilitiesMeasuredatFairValueDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UndistributedEarningsOfForeignSubsidiaries": { "auth_ref": [ "r441", "r488", "r674", "r712" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of undistributed earnings of foreign subsidiaries intended to be permanently reinvested outside the country of domicile.", "label": "Undistributed Earnings of Foreign Subsidiaries", "terseLabel": "Undistributed earnings of foreign subsidiaries" } } }, "localname": "UndistributedEarningsOfForeignSubsidiaries", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesNarrativeDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecognizedTaxBenefits": { "auth_ref": [ "r442", "r455" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of unrecognized tax benefits.", "label": "Unrecognized Tax Benefits", "periodEndLabel": "Balance at December 31", "periodStartLabel": "Balance at January\u00a01" } } }, "localname": "UnrecognizedTaxBenefits", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation": { "auth_ref": [ "r455" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease in unrecognized tax benefits resulting from foreign currency translation.", "label": "Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation", "negatedLabel": "Foreign exchange adjustments" } } }, "localname": "UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions": { "auth_ref": [ "r456" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease in unrecognized tax benefits resulting from tax positions taken in prior period tax returns.", "label": "Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions", "negatedTerseLabel": "Change in prior period positions" } } }, "localname": "UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities": { "auth_ref": [ "r458" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease in unrecognized tax benefits resulting from settlements with taxing authorities.", "label": "Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities", "negatedLabel": "Settlement of prior period position" } } }, "localname": "UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions": { "auth_ref": [ "r457" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase in unrecognized tax benefits resulting from tax positions that have been or will be taken in current period tax return.", "label": "Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions", "terseLabel": "Additions for tax positions in current period" } } }, "localname": "UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation": { "auth_ref": [ "r455" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of increase in unrecognized tax benefits resulting from foreign currency translation.", "label": "Unrecognized Tax Benefits, Increase Resulting from Foreign Currency Translation", "terseLabel": "Foreign exchange adjustments" } } }, "localname": "UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/IncomeTaxesReconciliationOfUnrecognizedTaxBenefitsDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_UnsecuredDebtMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Debt obligation not collateralized by pledge of, mortgage of or other lien on the entity's assets.", "label": "Unsecured Debt [Member]", "verboseLabel": "Unsecured Debt" } } }, "localname": "UnsecuredDebtMember", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UseOfEstimates": { "auth_ref": [ "r174", "r175", "r176", "r177", "r180", "r181", "r182" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.", "label": "Use of Estimates, Policy [Policy Text Block]", "terseLabel": "Use of Estimates" } } }, "localname": "UseOfEstimates", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NatureOfBusinessAndSummaryOfSignificantAccountingPoliciesPolicy" ], "xbrltype": "textBlockItemType" }, "us-gaap_VariableRateAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by type of variable rate.", "label": "Variable Rate [Axis]", "verboseLabel": "Variable Rate [Axis]" } } }, "localname": "VariableRateAxis", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "stringItemType" }, "us-gaap_VariableRateDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Interest rate that fluctuates over time as a result of an underlying benchmark interest rate or index.", "label": "Variable Rate [Domain]", "verboseLabel": "Variable Rate [Domain]" } } }, "localname": "VariableRateDomain", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/FinancingArrangementsNarrativeDetails" ], "xbrltype": "domainItemType" }, "us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment": { "auth_ref": [ "r161" ], "calculation": { "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails": { "order": 1.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-us": { "role": { "documentation": "The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation.", "label": "Weighted Average Number Diluted Shares Outstanding Adjustment", "verboseLabel": "Dilutive effect of common stock equivalents (in shares)" } } }, "localname": "WeightedAverageNumberDilutedSharesOutstandingAdjustment", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding": { "auth_ref": [ "r155", "r161" ], "calculation": { "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails": { "order": null, "parentTag": null, "root": true, "weight": null } }, "lang": { "en-us": { "role": { "documentation": "The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.", "label": "Weighted Average Number of Shares Outstanding, Diluted", "terseLabel": "Diluted (in shares)", "totalLabel": "Diluted weighted average common shares (in shares)" } } }, "localname": "WeightedAverageNumberOfDilutedSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails" ], "xbrltype": "sharesItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Weighted Average Number of Shares Outstanding, Diluted [Abstract]", "terseLabel": "Weighted average shares outstanding:" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingAbstract", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome" ], "xbrltype": "stringItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingBasic": { "auth_ref": [ "r153", "r161" ], "calculation": { "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails": { "order": 2.0, "parentTag": "us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding", "weight": 1.0 } }, "lang": { "en-us": { "role": { "documentation": "Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.", "label": "Weighted Average Number of Shares Outstanding, Basic", "terseLabel": "Basic (in shares)", "verboseLabel": "Basic weighted average shares (in shares)" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingBasic", "nsuri": "http://fasb.org/us-gaap/2020-01-31", "presentation": [ "http://www.ipgphotonics.com/role/ConsolidatedStatementsOfIncome", "http://www.ipgphotonics.com/role/NetIncomeAttributableToIPGPhotonicsCorporationPerShareComputationDilutedNetIncomePerShareDetails" ], "xbrltype": "sharesItemType" } }, "unitCount": 9 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6676-107765" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585" }, "r103": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585" }, "r107": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3367-108585" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3367-108585" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3367-108585" }, "r111": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3367-108585" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3000-108585" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3521-108585" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3536-108585" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3536-108585" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585" }, "r118": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3602-108585" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3044-108585" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(13))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121583591&loc=d3e4273-108586" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121583591&loc=d3e4297-108586" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121583591&loc=SL98516268-108586" }, "r123": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18780-107790" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=84158767&loc=d3e18823-107790" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(g)(1)(ii))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(h))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(e),(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(f))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r13": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(14))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(h)(1)(i))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(h))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08.(k)(1))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04.(a))", "Topic": "235", "URI": "http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690" }, "r135": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "235", "URI": "http://asc.fasb.org/topic&trid=2122369" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "23", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=115929471&loc=d3e21914-107793" }, "r137": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=115929471&loc=d3e21930-107793" }, "r138": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=115929471&loc=d3e21711-107793" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=115929471&loc=d3e21728-107793" }, "r14": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(17))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r141": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(3)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(4)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r144": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22499-107794" }, "r145": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22694-107794" }, "r147": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22583-107794" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794" }, "r15": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(19))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r150": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22644-107794" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22658-107794" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "http://asc.fasb.org/extlink&oid=109234566&loc=d3e22663-107794" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=d3e1448-109256" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=d3e1377-109256" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=d3e1505-109256" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=d3e1252-109256" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=SL5780133-109256" }, "r16": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(2))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r160": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r162": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=120380238&loc=d3e3842-109258" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "52", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "http://asc.fasb.org/extlink&oid=120380238&loc=d3e4984-109258" }, "r167": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "260", "URI": "http://asc.fasb.org/topic&trid=2144383" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "270", "URI": "http://asc.fasb.org/extlink&oid=116846552&loc=d3e725-108305" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "270", "URI": "http://asc.fasb.org/extlink&oid=116846552&loc=d3e765-108305" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(20))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r170": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "270", "URI": "http://asc.fasb.org/extlink&oid=116846552&loc=d3e543-108305" }, "r171": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "270", "URI": "http://asc.fasb.org/extlink&oid=121640914&loc=d3e1280-108306" }, "r172": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "270", "URI": "http://asc.fasb.org/topic&trid=2126967" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "272", "URI": "http://asc.fasb.org/extlink&oid=6828210&loc=d3e70191-108054" }, "r174": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" }, "r175": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e5967-108592" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6161-108592" }, "r177": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6191-108592" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6351-108592" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6404-108592" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6061-108592" }, "r181": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6132-108592" }, "r182": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "http://asc.fasb.org/extlink&oid=99393423&loc=d3e6143-108592" }, "r183": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "275", "URI": "http://asc.fasb.org/topic&trid=2134479" }, "r184": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8672-108599" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599" }, "r186": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599" }, "r188": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r190": { "Name": "Accounting Standards Codification", "Paragraph": "29", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8864-108599" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "29", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8864-108599" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "29", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8864-108599" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "29", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8864-108599" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "29", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8864-108599" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "29", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8864-108599" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6676-107765" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "31", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599" }, "r204": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "40", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "41", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "41", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "41", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "b", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "42", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121593590&loc=d3e4647-111522" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121593590&loc=d3e4428-111522" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121593590&loc=d3e4531-111522" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121611835&loc=d3e4975-111524" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "11B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121611835&loc=d3e5212-111524" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121611835&loc=d3e5033-111524" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121611835&loc=d3e5074-111524" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=121611835&loc=d3e5093-111524" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r220": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 4.E)", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "310", "URI": "http://asc.fasb.org/extlink&oid=84159169&loc=d3e10133-111534" }, "r222": { "Name": "Accounting Standards Codification", "Paragraph": "8A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=121553693&loc=SL6284422-111562" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(1)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=121645371&loc=d3e27232-111563" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=121645371&loc=d3e27232-111563" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=121645371&loc=SL120269820-111563" }, "r226": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=121645371&loc=SL120269825-111563" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "http://asc.fasb.org/extlink&oid=121645371&loc=SL120269825-111563" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "323", "URI": "http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571" }, "r229": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL82887624-210437" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(e)(3)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437" }, "r235": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(e)(4)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121646688&loc=SL121648383-210437" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599878&loc=SL82895884-210446" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919244-210447" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447" }, "r239": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(4))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447" }, "r241": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919258-210447" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121599337&loc=SL82919230-210447" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121582814&loc=SL82922888-210455" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121582814&loc=SL82922895-210455" }, "r246": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121582814&loc=SL82922900-210455" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "326", "URI": "http://asc.fasb.org/extlink&oid=121590138&loc=SL82922954-210456" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "330", "URI": "http://asc.fasb.org/extlink&oid=116847112&loc=d3e4492-108314" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "330", "URI": "http://asc.fasb.org/extlink&oid=116847112&loc=d3e4542-108314" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "330", "URI": "http://asc.fasb.org/extlink&oid=116847112&loc=d3e4556-108314" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.BB)", "Topic": "330", "URI": "http://asc.fasb.org/extlink&oid=27011343&loc=d3e100047-122729" }, "r252": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "330", "URI": "http://asc.fasb.org/topic&trid=2126998" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=99380562&loc=d3e13770-109266" }, "r254": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=99380562&loc=d3e13777-109266" }, "r255": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=120320667&loc=SL49117168-202975" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r257": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r258": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(f)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(31))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r262": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267" }, "r263": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267" }, "r265": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=6388964&loc=d3e16212-109274" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=6388964&loc=d3e16225-109274" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(1)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r270": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(3)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(d)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275" }, "r272": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "((a)(1),(b))", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r275": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(1)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(2)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)(3)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r278": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(d)", "Topic": "350", "URI": "http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275" }, "r279": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "350", "URI": "http://asc.fasb.org/topic&trid=2144416" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(4)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "05", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226317&loc=d3e202-110218" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226348&loc=d3e2611-110228" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r283": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r285": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.CC)", "Topic": "360", "URI": "http://asc.fasb.org/extlink&oid=27011434&loc=d3e125687-122742" }, "r288": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "360", "URI": "http://asc.fasb.org/topic&trid=2155823" }, "r289": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(6)(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r290": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869" }, "r291": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869" }, "r292": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB TOPIC 5.P.3)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747" }, "r293": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.P.3)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747" }, "r294": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747" }, "r295": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB TOPIC 5.P.4(b))", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747" }, "r296": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB TOPIC 5.P.4)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747" }, "r297": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.P.4(b)(2))", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747" }, "r298": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.P.4(b))", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747" }, "r299": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.P.4)", "Topic": "420", "URI": "http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6676-107765" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(6)(a)(3))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r300": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "420", "URI": "http://asc.fasb.org/topic&trid=2175745" }, "r301": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=121559207&loc=d3e25336-109308" }, "r302": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=121559207&loc=d3e25336-109308" }, "r303": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "440", "URI": "http://asc.fasb.org/extlink&oid=121559207&loc=d3e25383-109308" }, "r304": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "440", "URI": "http://asc.fasb.org/topic&trid=2144648" }, "r305": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=121557415&loc=d3e14326-108349" }, "r306": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=121557415&loc=d3e14615-108349" }, "r307": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "450", "URI": "http://asc.fasb.org/extlink&oid=121557415&loc=d3e14394-108349" }, "r308": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "450", "URI": "http://asc.fasb.org/topic&trid=2127136" }, "r309": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "25", "SubTopic": "10", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68070138&loc=d3e11281-110244" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(6)(a)(4))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r310": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=121555522&loc=d3e12069-110248" }, "r311": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12524-110249" }, "r312": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "((c)(3))", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r313": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r314": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r315": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r316": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(5)", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r317": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "460", "URI": "http://asc.fasb.org/extlink&oid=68068213&loc=d3e12565-110249" }, "r318": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "460", "URI": "http://asc.fasb.org/topic&trid=2155896" }, "r319": { "Name": "Accounting Standards Codification", "Paragraph": "12A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=99376301&loc=SL5988623-112600" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(6)(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r320": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601" }, "r321": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=6802200&loc=SL6230698-112601" }, "r322": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "470", "URI": "http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870" }, "r323": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "470", "URI": "http://asc.fasb.org/topic&trid=2208564" }, "r324": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644" }, "r325": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644" }, "r326": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644" }, "r327": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644" }, "r328": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644" }, "r329": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(6)(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r330": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655" }, "r331": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "505", "URI": "http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656" }, "r332": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121556615&loc=SL49130531-203044" }, "r333": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121556615&loc=SL49130532-203044" }, "r334": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121556615&loc=SL49130533-203044" }, "r335": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045" }, "r336": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045" }, "r337": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045" }, "r338": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045" }, "r339": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(6)(c))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r340": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045" }, "r341": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045" }, "r342": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(1)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045" }, "r343": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045" }, "r344": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045" }, "r345": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130561-203045" }, "r346": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130563-203045" }, "r347": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130563-203045" }, "r348": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130564-203045" }, "r349": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(7))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r350": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045" }, "r351": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045" }, "r352": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130566-203045" }, "r353": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130543-203045" }, "r354": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045" }, "r355": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130549-203045" }, "r356": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130549-203045" }, "r357": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045" }, "r358": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r359": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(8))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r360": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r361": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r362": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r363": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r364": { "Name": "Accounting Standards Codification", "Paragraph": "91", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=121551570&loc=SL49130690-203046-203046" }, "r365": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(i)(1)", "Topic": "606", "URI": "http://asc.fasb.org/extlink&oid=113356391&loc=SL49131195-203048" }, "r366": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "606", "URI": "http://asc.fasb.org/topic&trid=49130388" }, "r367": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "25", "SubTopic": "10", "Topic": "710", "URI": "http://asc.fasb.org/extlink&oid=6409733&loc=d3e19524-108361" }, "r368": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "30", "SubTopic": "10", "Topic": "710", "URI": "http://asc.fasb.org/extlink&oid=6409875&loc=d3e20015-108363" }, "r369": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "710", "URI": "http://asc.fasb.org/topic&trid=2127225" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.1)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r370": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "712", "URI": "http://asc.fasb.org/topic&trid=2197446" }, "r371": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(i)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r372": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r373": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r374": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r375": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(A)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r376": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(B)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r377": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(C)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r378": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(03)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r379": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(n)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.13(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r380": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921" }, "r381": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "70", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942" }, "r382": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(a)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450702-114947" }, "r383": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(d)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947" }, "r384": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(f)(3)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450657-114947" }, "r385": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(a)", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=65877416&loc=SL14450673-114947" }, "r386": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "80", "Topic": "715", "URI": "http://asc.fasb.org/extlink&oid=35742348&loc=SL14450788-114948" }, "r387": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "715", "URI": "http://asc.fasb.org/topic&trid=2235017" }, "r388": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "35", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121326096&loc=d3e4534-113899" }, "r389": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.13)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r390": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901" }, "r391": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901" }, "r392": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r393": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r394": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a),(g)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r395": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b),(f)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r396": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r397": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r398": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r399": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(i)-(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6676-107765" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.14)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r400": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r401": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iv)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r402": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iv)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r403": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iv)(3)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r404": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r405": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(i)-(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r406": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r407": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r408": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)(iii)(3)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r409": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.17)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r410": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r411": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r412": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r413": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r414": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r415": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r416": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(ii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r417": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(iii)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r418": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(iv)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r419": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r420": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r421": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(1)(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r422": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(i)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r423": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901" }, "r424": { "Name": "Accounting Standards Codification", "Paragraph": "2A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120381028&loc=SL79508275-113901" }, "r425": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r426": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r427": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r428": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r429": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(b),22(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r430": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(f)(1)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r431": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(f)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r432": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(g)(2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=121322162&loc=SL121327923-165333" }, "r433": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 14.D.2)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809" }, "r434": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 14.F)", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809" }, "r435": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120383193&loc=d3e11149-113907" }, "r436": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120383193&loc=d3e11178-113907" }, "r437": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "35", "SubTopic": "740", "Topic": "718", "URI": "http://asc.fasb.org/extlink&oid=120384911&loc=d3e23163-113944" }, "r438": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "718", "URI": "http://asc.fasb.org/topic&trid=2228938" }, "r439": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "35", "Subparagraph": "(a)", "Topic": "720", "URI": "http://asc.fasb.org/extlink&oid=6420018&loc=d3e36677-107848" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19,20)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r440": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "730", "URI": "http://asc.fasb.org/extlink&oid=6420194&loc=d3e21568-108373" }, "r441": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "25", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=121573983&loc=d3e28200-109314" }, "r442": { "Name": "Accounting Standards Codification", "Paragraph": "10B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120406818&loc=SL37586934-109318" }, "r443": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120406818&loc=d3e32059-109318" }, "r444": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120406818&loc=d3e32247-109318" }, "r445": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120406818&loc=d3e32280-109318" }, "r446": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120406818&loc=d3e31917-109318" }, "r447": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120406818&loc=d3e31931-109318" }, "r448": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32672-109319" }, "r449": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r450": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32705-109319" }, "r451": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319" }, "r452": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319" }, "r453": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319" }, "r454": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32718-109319" }, "r455": { "Name": "Accounting Standards Codification", "Paragraph": "15A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319" }, "r456": { "Name": "Accounting Standards Codification", "Paragraph": "15A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319" }, "r457": { "Name": "Accounting Standards Codification", "Paragraph": "15A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319" }, "r458": { "Name": "Accounting Standards Codification", "Paragraph": "15A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(3)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319" }, "r459": { "Name": "Accounting Standards Codification", "Paragraph": "15A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=SL6600010-109319" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.20)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r460": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32809-109319" }, "r461": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32840-109319" }, "r462": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319" }, "r463": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319" }, "r464": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32847-109319" }, "r465": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32857-109319" }, "r466": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32559-109319" }, "r467": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32559-109319" }, "r468": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32621-109319" }, "r469": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32632-109319" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.21)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r470": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319" }, "r471": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319" }, "r472": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319" }, "r473": { "Name": "Accounting Standards Codification", "Paragraph": "217", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=121610041&loc=d3e36027-109320" }, "r474": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "740" }, "r475": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740" }, "r476": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)(2)", "Topic": "740" }, "r477": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)(3)", "Topic": "740" }, "r478": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB TOPIC 6.I.5.Q1)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r479": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB TOPIC 6.I.7)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22(a)(1))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r480": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 6.I.7)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r481": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 6.I.Fact.1)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r482": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 6.I.Fact.2)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r483": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 6.I.Fact.3)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330036-122817" }, "r484": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 11.C)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=116825942&loc=d3e330215-122817" }, "r485": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=120385591&loc=d3e38679-109324" }, "r486": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "270", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338" }, "r487": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331" }, "r488": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "740", "URI": "http://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331" }, "r489": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "740", "URI": "http://asc.fasb.org/topic&trid=2144680" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r490": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "25", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116868678&loc=d3e961-128460" }, "r491": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r492": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(2)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r493": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)(3)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r494": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463" }, "r495": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463" }, "r496": { "Name": "Accounting Standards Codification", "Paragraph": "37", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=121600890&loc=d3e2207-128464" }, "r497": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472" }, "r498": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472" }, "r499": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=121598580&loc=d3e5333-128473" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6801-107765" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.24)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r500": { "Name": "Accounting Standards Codification", "Paragraph": "38", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=121598580&loc=d3e5504-128473" }, "r501": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "30", "SubTopic": "30", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116859721&loc=d3e6578-128477" }, "r502": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "30", "SubTopic": "30", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=116859721&loc=d3e6613-128477" }, "r503": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479" }, "r504": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(1)", "Topic": "805", "URI": "http://asc.fasb.org/extlink&oid=120321790&loc=d3e6927-128479" }, "r505": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "805", "URI": "http://asc.fasb.org/topic&trid=2303972" }, "r506": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4568447-111683" }, "r507": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4568740-111683" }, "r508": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569616-111683" }, "r509": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4569643-111683" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.25)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r510": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=108774443&loc=SL4613674-111683" }, "r511": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988" }, "r512": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988" }, "r513": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=d3e5614-111684" }, "r514": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r515": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(2)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r516": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r517": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c),(3)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=109239629&loc=SL4573702-111684" }, "r518": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685" }, "r519": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r520": { "Name": "Accounting Standards Codification", "Paragraph": "4I", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=120409616&loc=SL4590271-111686" }, "r521": { "Name": "Accounting Standards Codification", "Paragraph": "4J", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=120409616&loc=SL4591551-111686" }, "r522": { "Name": "Accounting Standards Codification", "Paragraph": "4K", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "810", "URI": "http://asc.fasb.org/extlink&oid=120409616&loc=SL4591552-111686" }, "r523": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5579240-113959" }, "r524": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959" }, "r525": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959" }, "r526": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=d3e41620-113959" }, "r527": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959" }, "r528": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959" }, "r529": { "Name": "Accounting Standards Codification", "Paragraph": "4A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29,30)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r530": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959" }, "r531": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959" }, "r532": { "Name": "Accounting Standards Codification", "Paragraph": "4B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959" }, "r533": { "Name": "Accounting Standards Codification", "Paragraph": "4C", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959" }, "r534": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)(1)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624177-113959" }, "r535": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624177-113959" }, "r536": { "Name": "Accounting Standards Codification", "Paragraph": "4D", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624177-113959" }, "r537": { "Name": "Accounting Standards Codification", "Paragraph": "4E", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=SL5624181-113959" }, "r538": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959" }, "r539": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121590274&loc=d3e41678-113959" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r540": { "Name": "Accounting Standards Codification", "Paragraph": "182", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121582272&loc=SL5629052-113961" }, "r541": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "25", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986" }, "r542": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "815", "URI": "http://asc.fasb.org/extlink&oid=121558989&loc=d3e80720-113993" }, "r543": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "815", "URI": "http://asc.fasb.org/topic&trid=2229140" }, "r544": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r545": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r546": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r547": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r548": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r549": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258" }, "r55": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.3(a)(4))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r550": { "Name": "Accounting Standards Codification", "Paragraph": "2C", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=SL7498348-110258" }, "r551": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "820", "URI": "http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258" }, "r552": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=121572278&loc=d3e13531-108611" }, "r553": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=121572278&loc=d3e13537-108611" }, "r554": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "825", "URI": "http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612" }, "r555": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=120253306&loc=d3e28228-110885" }, "r556": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "35", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=121605123&loc=d3e30226-110892" }, "r557": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=109240200&loc=d3e30690-110894" }, "r558": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=6450222&loc=d3e30840-110895" }, "r559": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=98513438&loc=d3e33268-110906" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.31)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r560": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32136-110900" }, "r561": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r562": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r563": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(c)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r564": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(d)", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r565": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900" }, "r566": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901" }, "r567": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "830", "URI": "http://asc.fasb.org/extlink&oid=6450520&loc=d3e32618-110901" }, "r568": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "830", "URI": "http://asc.fasb.org/topic&trid=2175825" }, "r569": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399" }, "r57": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.6(a))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r570": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399" }, "r571": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "835", "URI": "http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400" }, "r572": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "840", "URI": "http://asc.fasb.org/extlink&oid=121578510&loc=d3e41551-112718" }, "r573": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121603541&loc=SL77918627-209977" }, "r574": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121603541&loc=SL77918627-209977" }, "r575": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121603541&loc=SL77918631-209977" }, "r576": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121603541&loc=SL77918638-209977" }, "r577": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121603541&loc=SL77918643-209977" }, "r578": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918666-209980" }, "r579": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)(1)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918673-209980" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.6(b))", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r580": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(1)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980" }, "r581": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(2)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980" }, "r582": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(3)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980" }, "r583": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(g)(4)", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980" }, "r584": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980" }, "r585": { "Name": "Accounting Standards Codification", "Paragraph": "53", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/extlink&oid=121568110&loc=SL77918982-209971" }, "r586": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "SubTopic": "20", "Topic": "842", "URI": "http://asc.fasb.org/subtopic&trid=77888251" }, "r587": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r588": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r589": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.9)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682" }, "r590": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r591": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864" }, "r592": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39599-107864" }, "r593": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864" }, "r594": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864" }, "r595": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "850", "URI": "http://asc.fasb.org/topic&trid=2122745" }, "r596": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662" }, "r597": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "855", "URI": "http://asc.fasb.org/extlink&oid=6842918&loc=SL6314020-165662" }, "r598": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)(i)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r599": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)(ii)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6812-107765" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r600": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r601": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r602": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r603": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r604": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r605": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r606": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107207-111719" }, "r607": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r608": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r609": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312" }, "r610": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=121570589&loc=d3e107314-111719" }, "r611": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=66007379&loc=d3e113888-111728" }, "r612": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=109249958&loc=SL34722452-111729" }, "r613": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r614": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r615": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r616": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(4)(i)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122625-111746" }, "r617": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r618": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r619": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226008-175313" }, "r620": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(4)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r621": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(5)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r622": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(6)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r623": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(7)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r624": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(b)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r625": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(e)(1)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r626": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(e)(2)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r627": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(e)(3)", "Topic": "860", "URI": "http://asc.fasb.org/extlink&oid=116651436&loc=d3e122739-111746" }, "r628": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "910", "URI": "http://asc.fasb.org/extlink&oid=119991564&loc=SL119991595-234733" }, "r629": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 11.L)", "Topic": "924", "URI": "http://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226016-175313" }, "r630": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "926", "URI": "http://asc.fasb.org/extlink&oid=120154696&loc=d3e54445-107959" }, "r631": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "926", "URI": "http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079" }, "r632": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "926", "URI": "http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079" }, "r633": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "926", "URI": "http://asc.fasb.org/extlink&oid=120154821&loc=SL120154904-197079" }, "r634": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "340", "Topic": "928", "URI": "http://asc.fasb.org/extlink&oid=6473545&loc=d3e61844-108004" }, "r635": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61929-109447" }, "r636": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61929-109447" }, "r637": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62059-109447" }, "r638": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62059-109447" }, "r639": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62395-109447" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=99393222&loc=SL20226006-175313" }, "r640": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62395-109447" }, "r641": { "Name": "Accounting Standards Codification", "Paragraph": "33", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62479-109447" }, "r642": { "Name": "Accounting Standards Codification", "Paragraph": "33", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e62479-109447" }, "r643": { "Name": "Accounting Standards Codification", "Paragraph": "35A", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=SL6807758-109447" }, "r644": { "Name": "Accounting Standards Codification", "Paragraph": "35A", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(b)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=SL6807758-109447" }, "r645": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(c)(1)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61872-109447" }, "r646": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(c)(2)", "Topic": "932", "URI": "http://asc.fasb.org/extlink&oid=68064819&loc=d3e61872-109447" }, "r647": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(1)(a))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r648": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(10)(1))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r649": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r650": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(13))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r651": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(15)(1))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r652": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r653": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r654": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r655": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(4))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r656": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r657": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.10)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r658": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.14)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r659": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.15(5))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a),(b),(c)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r660": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.17)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878" }, "r661": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r662": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(23))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r663": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(24))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r664": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(25))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r665": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(26))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r666": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(27))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260" }, "r667": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "235", "Subparagraph": "(SX 210.9-05(b)(2))", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884" }, "r668": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(b)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120252992&loc=d3e62557-112803" }, "r669": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(a)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120252992&loc=d3e62586-112803" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r670": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(a)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=120252992&loc=SL120269850-112803" }, "r671": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "405", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817" }, "r672": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "405", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=116652737&loc=d3e64164-112818" }, "r673": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "470", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823" }, "r674": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "740", "Subparagraph": "(b)", "Topic": "942", "URI": "http://asc.fasb.org/extlink&oid=6479915&loc=d3e66715-112838" }, "r675": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r676": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(1)(g))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r677": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r678": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(15)(b)(1))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r679": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(16))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r680": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(2))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r681": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(3))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r682": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r683": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(24))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r684": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r685": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(8))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r686": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.(a),19)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r687": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03.5(c))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910" }, "r688": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r689": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(19))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r690": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(20))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r691": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(21))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r692": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(22))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r693": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(23))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r694": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(9))", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263" }, "r695": { "Name": "Accounting Standards Codification", "Paragraph": "4H", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=116884468&loc=SL65671331-158438" }, "r696": { "Name": "Accounting Standards Codification", "Paragraph": "7A", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(d)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121643868&loc=SL117782755-158439" }, "r697": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(a)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121639165&loc=SL117783719-158441" }, "r698": { "Name": "Accounting Standards Codification", "Paragraph": "13H", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121639165&loc=SL117783719-158441" }, "r699": { "Name": "Accounting Standards Codification", "Paragraph": "29F", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121639165&loc=SL117819544-158441" }, "r7": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6911-107765" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r700": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(a)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r701": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r702": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r703": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r704": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r705": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r706": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(2)(i)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r707": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(2)(ii)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r708": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(2)(iii)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r709": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(2)(iv)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "10A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669646-108580" }, "r710": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(h)(1)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r711": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(h)(2)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121370832&loc=SL117420844-207641" }, "r712": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "740", "Subparagraph": "(b)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=6487024&loc=d3e29054-158556" }, "r713": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(e)", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=121641442&loc=d3e19393-158473" }, "r714": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "825", "Topic": "944", "URI": "http://asc.fasb.org/extlink&oid=99380617&loc=SL75241803-196195" }, "r715": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column B)(Footnote 1))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r716": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column B)(Footnote 6))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r717": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column B)(Footnote 7))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r718": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column C)(Footnote 1))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r719": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column C)(Footnote 6))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r72": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=d3e637-108580" }, "r720": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column C)(Footnote 7))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r721": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column D)(Footnote 1))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r722": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column D)(Footnote 6))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r723": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column D)(Footnote 7))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611197-123010" }, "r724": { "Name": "Accounting Standards Codification", "Paragraph": "5D", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-13D(Column B)(Footnote 2))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=SL120429264-123010" }, "r725": { "Name": "Accounting Standards Codification", "Paragraph": "5D", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-13D(Column C)(Footnote 2))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=SL120429264-123010" }, "r726": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-15(Column A))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611379-123010" }, "r727": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-15(Column B))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611379-123010" }, "r728": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-15(Column C))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611379-123010" }, "r729": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-15(Column D))", "Topic": "946", "URI": "http://asc.fasb.org/extlink&oid=120401592&loc=d3e611379-123010" }, "r73": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=d3e681-108580" }, "r730": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "310", "Subparagraph": "(SX 210.12-29(Footnote 4))", "Topic": "948", "URI": "http://asc.fasb.org/extlink&oid=120402547&loc=d3e617274-123014" }, "r731": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "210", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=120413173&loc=SL116631458-115580" }, "r732": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "740", "Topic": "954", "URI": "http://asc.fasb.org/extlink&oid=6491622&loc=d3e9504-115650" }, "r733": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Subparagraph": "(d)", "Topic": "958", "URI": "http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916" }, "r734": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Topic": "958", "URI": "http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916" }, "r735": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "360", "Topic": "958", "URI": "http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916" }, "r736": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column B))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r737": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column C))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r738": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column D))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r739": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column E))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "14A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580" }, "r740": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column F))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r741": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column G))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r742": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column H))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r743": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Column I))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r744": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "360", "Subparagraph": "(SX 210.12-28(Footnote 2))", "Topic": "970", "URI": "http://asc.fasb.org/extlink&oid=120402810&loc=d3e638233-123024" }, "r745": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "985", "URI": "http://asc.fasb.org/extlink&oid=6501960&loc=d3e128462-111756" }, "r746": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r747": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r748": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r749": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310" }, "r75": { "Name": "Accounting Standards Codification", "Paragraph": "17B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL34724394-108580" }, "r750": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f" }, "r751": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f" }, "r752": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1" }, "r753": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r754": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580" }, "r77": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669619-108580" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e6935-107765" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=SL7669625-108580" }, "r81": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121641772&loc=d3e557-108580" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=116657188&loc=SL116659661-227067" }, "r83": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=121640130&loc=d3e1436-108581" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(21))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(22))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(23))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(24))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(25))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "http://asc.fasb.org/extlink&oid=121566466&loc=d3e7018-107765" }, "r90": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(4))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(5))", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r92": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.1,2)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r93": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.2)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.4)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r95": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.7)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.9)", "Topic": "220", "URI": "http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585" }, "r98": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3179-108585" }, "r99": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "http://asc.fasb.org/extlink&oid=121586364&loc=d3e3213-108585" } }, "version": "2.1" } ZIP 128 0001111928-21-000026-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001111928-21-000026-xbrl.zip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⛗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�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end XML 14 ipgp-20201231_htm.xml IDEA: XBRL DOCUMENT 0001111928 2020-01-01 2020-12-31 0001111928 2020-06-30 0001111928 2021-02-19 0001111928 2020-12-31 0001111928 2019-12-31 0001111928 2019-01-01 2019-12-31 0001111928 2018-01-01 2018-12-31 0001111928 us-gaap:CommonStockMember 2017-12-31 0001111928 us-gaap:TreasuryStockMember 2017-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001111928 us-gaap:RetainedEarningsMember 2017-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2017-12-31 0001111928 2017-12-31 0001111928 us-gaap:CommonStockMember 2018-01-01 2018-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2018-01-01 2018-12-31 0001111928 us-gaap:TreasuryStockMember 2018-01-01 2018-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:RetainedEarningsMember 2017-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2017-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2018-01-01 2018-12-31 0001111928 us-gaap:RetainedEarningsMember 2018-01-01 2018-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-01-01 2018-12-31 0001111928 us-gaap:CommonStockMember 2018-12-31 0001111928 us-gaap:TreasuryStockMember 2018-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2018-12-31 0001111928 us-gaap:RetainedEarningsMember 2018-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2018-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2018-12-31 0001111928 2018-12-31 0001111928 us-gaap:CommonStockMember 2019-01-01 2019-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2019-01-01 2019-12-31 0001111928 us-gaap:TreasuryStockMember 2019-01-01 2019-12-31 0001111928 us-gaap:RetainedEarningsMember 2019-01-01 2019-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2019-01-01 2019-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-01-01 2019-12-31 0001111928 us-gaap:CommonStockMember 2019-12-31 0001111928 us-gaap:TreasuryStockMember 2019-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2019-12-31 0001111928 us-gaap:RetainedEarningsMember 2019-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2019-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2019-12-31 0001111928 us-gaap:CommonStockMember 2020-01-01 2020-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2020-01-01 2020-12-31 0001111928 us-gaap:TreasuryStockMember 2020-01-01 2020-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:RetainedEarningsMember 2019-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2019-12-31 0001111928 us-gaap:RetainedEarningsMember 2020-01-01 2020-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2020-01-01 2020-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-01-01 2020-12-31 0001111928 us-gaap:CommonStockMember 2020-12-31 0001111928 us-gaap:TreasuryStockMember 2020-12-31 0001111928 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001111928 us-gaap:RetainedEarningsMember 2020-12-31 0001111928 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001111928 us-gaap:NoncontrollingInterestMember 2020-12-31 0001111928 srt:MinimumMember ipgp:IntangibleAssetsMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember ipgp:IntangibleAssetsMember 2020-01-01 2020-12-31 0001111928 srt:MinimumMember us-gaap:BuildingMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember us-gaap:BuildingMember 2020-01-01 2020-12-31 0001111928 srt:MinimumMember us-gaap:MachineryAndEquipmentMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember us-gaap:MachineryAndEquipmentMember 2020-01-01 2020-12-31 0001111928 srt:MinimumMember us-gaap:FurnitureAndFixturesMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember us-gaap:FurnitureAndFixturesMember 2020-01-01 2020-12-31 0001111928 ipgp:NonCashAssetRelatedCostsMember ipgp:OtherRestructuringPlansMember 2020-01-01 2020-12-31 0001111928 ipgp:NonCashAssetRelatedCostsMember ipgp:OtherRestructuringPlansMember 2019-01-01 2019-12-31 0001111928 ipgp:NonCashAssetRelatedCostsMember ipgp:OtherRestructuringPlansMember 2018-01-01 2018-12-31 0001111928 ipgp:DemonstrationEquipmentMember 2020-01-01 2020-12-31 0001111928 ipgp:DemonstrationEquipmentMember 2020-12-31 0001111928 ipgp:DemonstrationEquipmentMember 2019-12-31 0001111928 ipgp:DemonstrationEquipmentMember 2019-01-01 2019-12-31 0001111928 ipgp:DemonstrationEquipmentMember 2018-01-01 2018-12-31 0001111928 srt:MinimumMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember 2020-01-01 2020-12-31 0001111928 us-gaap:EmployeeStockOptionMember 2020-01-01 2020-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2020-01-01 2020-12-31 0001111928 us-gaap:SalesMember 2020-01-01 2020-12-31 0001111928 us-gaap:SalesMember 2019-01-01 2019-12-31 0001111928 us-gaap:SalesMember 2018-01-01 2018-12-31 0001111928 us-gaap:AccountsReceivableMember 2020-01-01 2020-12-31 0001111928 us-gaap:AccountsReceivableMember 2019-01-01 2019-12-31 0001111928 us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2020-12-31 0001111928 us-gaap:AccumulatedForeignCurrencyAdjustmentIncludingPortionAttributableToNoncontrollingInterestMember 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember us-gaap:AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2020-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember us-gaap:AccumulatedNetInvestmentGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2019-12-31 0001111928 us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember 2020-12-31 0001111928 us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember 2019-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:AccountingStandardsUpdate201613Member 2019-12-31 0001111928 srt:CumulativeEffectPeriodOfAdoptionAdjustedBalanceMember 2019-12-31 0001111928 ipgp:MaterialsProcessingMember 2020-01-01 2020-12-31 0001111928 ipgp:MaterialsProcessingMember 2019-01-01 2019-12-31 0001111928 ipgp:MaterialsProcessingMember 2018-01-01 2018-12-31 0001111928 ipgp:OtherApplicationsMember 2020-01-01 2020-12-31 0001111928 ipgp:OtherApplicationsMember 2019-01-01 2019-12-31 0001111928 ipgp:OtherApplicationsMember 2018-01-01 2018-12-31 0001111928 ipgp:HighPowerContinuousWaveCWLasersMember 2020-01-01 2020-12-31 0001111928 ipgp:HighPowerContinuousWaveCWLasersMember 2019-01-01 2019-12-31 0001111928 ipgp:HighPowerContinuousWaveCWLasersMember 2018-01-01 2018-12-31 0001111928 ipgp:MediumAndLowPowerCWLasersMember 2020-01-01 2020-12-31 0001111928 ipgp:MediumAndLowPowerCWLasersMember 2019-01-01 2019-12-31 0001111928 ipgp:MediumAndLowPowerCWLasersMember 2018-01-01 2018-12-31 0001111928 ipgp:PulsedLasersMember 2020-01-01 2020-12-31 0001111928 ipgp:PulsedLasersMember 2019-01-01 2019-12-31 0001111928 ipgp:PulsedLasersMember 2018-01-01 2018-12-31 0001111928 ipgp:QuasiContinuousWaveQCWLasersMember 2020-01-01 2020-12-31 0001111928 ipgp:QuasiContinuousWaveQCWLasersMember 2019-01-01 2019-12-31 0001111928 ipgp:QuasiContinuousWaveQCWLasersMember 2018-01-01 2018-12-31 0001111928 ipgp:LaserAndNonLaserSystemsMember 2020-01-01 2020-12-31 0001111928 ipgp:LaserAndNonLaserSystemsMember 2019-01-01 2019-12-31 0001111928 ipgp:LaserAndNonLaserSystemsMember 2018-01-01 2018-12-31 0001111928 ipgp:AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember 2020-01-01 2020-12-31 0001111928 ipgp:AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember 2019-01-01 2019-12-31 0001111928 ipgp:AmplifiersLaserSystemsServicePartsAccessoriesAndChangeInDeferredRevenueMember 2018-01-01 2018-12-31 0001111928 srt:NorthAmericaMember 2020-01-01 2020-12-31 0001111928 srt:NorthAmericaMember 2019-01-01 2019-12-31 0001111928 srt:NorthAmericaMember 2018-01-01 2018-12-31 0001111928 country:DE 2020-01-01 2020-12-31 0001111928 country:DE 2019-01-01 2019-12-31 0001111928 country:DE 2018-01-01 2018-12-31 0001111928 ipgp:OtherEuropeanGeographicalAreasMember 2020-01-01 2020-12-31 0001111928 ipgp:OtherEuropeanGeographicalAreasMember 2019-01-01 2019-12-31 0001111928 ipgp:OtherEuropeanGeographicalAreasMember 2018-01-01 2018-12-31 0001111928 country:CN 2020-01-01 2020-12-31 0001111928 country:CN 2019-01-01 2019-12-31 0001111928 country:CN 2018-01-01 2018-12-31 0001111928 country:JP 2020-01-01 2020-12-31 0001111928 country:JP 2019-01-01 2019-12-31 0001111928 country:JP 2018-01-01 2018-12-31 0001111928 ipgp:OtherAsianGeographicalAreasMember 2020-01-01 2020-12-31 0001111928 ipgp:OtherAsianGeographicalAreasMember 2019-01-01 2019-12-31 0001111928 ipgp:OtherAsianGeographicalAreasMember 2018-01-01 2018-12-31 0001111928 ipgp:RestOfWorldMember 2020-01-01 2020-12-31 0001111928 ipgp:RestOfWorldMember 2019-01-01 2019-12-31 0001111928 ipgp:RestOfWorldMember 2018-01-01 2018-12-31 0001111928 us-gaap:TransferredAtPointInTimeMember 2020-01-01 2020-12-31 0001111928 us-gaap:TransferredAtPointInTimeMember 2019-01-01 2019-12-31 0001111928 us-gaap:TransferredAtPointInTimeMember 2018-01-01 2018-12-31 0001111928 us-gaap:TransferredOverTimeMember 2020-01-01 2020-12-31 0001111928 us-gaap:TransferredOverTimeMember 2019-01-01 2019-12-31 0001111928 us-gaap:TransferredOverTimeMember 2018-01-01 2018-12-31 0001111928 2021-01-01 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 2022-01-01 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 2023-01-01 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 2024-01-01 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 2025-01-01 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 2026-01-01 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 us-gaap:TransferredOverTimeMember 2020-12-31 0001111928 2021-01-01 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 2022-01-01 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 2023-01-01 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 2024-01-01 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 2025-01-01 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 2026-01-01 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 ipgp:TransferredOverTimeVolumeDiscountIncentiveMember 2020-12-31 0001111928 2021-01-01 2020-12-31 0001111928 2022-01-01 2020-12-31 0001111928 2023-01-01 2020-12-31 0001111928 2024-01-01 2020-12-31 0001111928 2025-01-01 2020-12-31 0001111928 2026-01-01 2020-12-31 0001111928 us-gaap:MoneyMarketFundsMember 2020-12-31 0001111928 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:USTreasurySecuritiesMember 2020-12-31 0001111928 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:CommercialPaperMember 2020-12-31 0001111928 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember 2020-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:MunicipalBondsMember 2020-12-31 0001111928 us-gaap:MunicipalBondsMember us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:MunicipalBondsMember us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:MunicipalBondsMember us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember 2020-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:FairValueInputsLevel1Member 2020-12-31 0001111928 us-gaap:FairValueInputsLevel2Member 2020-12-31 0001111928 us-gaap:FairValueInputsLevel3Member 2020-12-31 0001111928 us-gaap:MoneyMarketFundsMember 2019-12-31 0001111928 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:CommercialPaperMember 2019-12-31 0001111928 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:CommercialPaperMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember 2019-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:CorporateDebtSecuritiesMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember 2019-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:CommercialPaperNotIncludedWithCashAndCashEquivalentsMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:CertificatesOfDepositMember 2019-12-31 0001111928 us-gaap:CertificatesOfDepositMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:CertificatesOfDepositMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:CertificatesOfDepositMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:InterestRateSwapMember 2019-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:FairValueInputsLevel1Member 2019-12-31 0001111928 us-gaap:FairValueInputsLevel2Member 2019-12-31 0001111928 us-gaap:FairValueInputsLevel3Member 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2018-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2017-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2020-01-01 2020-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2019-01-01 2019-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2018-01-01 2018-12-31 0001111928 us-gaap:AuctionRateSecuritiesMember 2020-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2019-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2018-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2017-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2020-01-01 2020-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2019-01-01 2019-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2018-01-01 2018-12-31 0001111928 ipgp:ContingentPurchaseConsiderationMember 2020-12-31 0001111928 ipgp:PiTecMember 2020-10-01 2020-12-31 0001111928 ipgp:PadtecSASubmarineNetworksDivisionMember 2019-01-01 2019-03-31 0001111928 ipgp:GenesisMember 2018-12-31 0001111928 ipgp:GenesisMember 2019-01-01 2019-03-31 0001111928 ipgp:GenesisMember us-gaap:CustomerRelationshipsMember 2018-10-01 2018-12-31 0001111928 ipgp:GenesisMember ipgp:TechnologyTrademarkAndTradenameMember 2018-10-01 2018-12-31 0001111928 ipgp:GmbHRCMember 2018-06-30 0001111928 ipgp:GmbHRCMember us-gaap:CustomerRelationshipsMember 2018-04-01 2018-06-30 0001111928 ipgp:GmbHRCMember ipgp:TechnologyTrademarkAndTradenameMember 2018-04-01 2018-06-30 0001111928 ipgp:GmbHRCMember 2018-12-31 0001111928 ipgp:GmbHRCAndGenesisMember 2018-12-31 0001111928 ipgp:GenesisMember 2018-01-01 2018-12-31 0001111928 us-gaap:EmployeeSeveranceMember 2018-12-31 0001111928 us-gaap:ContractTerminationMember 2018-12-31 0001111928 us-gaap:EmployeeSeveranceMember 2019-01-01 2019-12-31 0001111928 us-gaap:ContractTerminationMember 2019-01-01 2019-12-31 0001111928 us-gaap:EmployeeSeveranceMember 2019-12-31 0001111928 us-gaap:ContractTerminationMember 2019-12-31 0001111928 us-gaap:EmployeeSeveranceMember 2020-01-01 2020-12-31 0001111928 us-gaap:ContractTerminationMember 2020-01-01 2020-12-31 0001111928 us-gaap:EmployeeSeveranceMember 2020-12-31 0001111928 us-gaap:ContractTerminationMember 2020-12-31 0001111928 2020-07-01 2020-09-30 0001111928 ipgp:TransceiversMember 2019-01-01 2019-12-31 0001111928 ipgp:SubmarineTelecommunicationsMember 2019-01-01 2019-12-31 0001111928 us-gaap:CustomerRelationshipsMember 2020-12-31 0001111928 us-gaap:CustomerRelationshipsMember 2020-01-01 2020-12-31 0001111928 us-gaap:CustomerRelationshipsMember 2019-12-31 0001111928 us-gaap:CustomerRelationshipsMember 2019-01-01 2019-12-31 0001111928 ipgp:TechnologyTrademarkAndTradenameMember 2020-12-31 0001111928 ipgp:TechnologyTrademarkAndTradenameMember 2020-01-01 2020-12-31 0001111928 ipgp:TechnologyTrademarkAndTradenameMember 2019-12-31 0001111928 ipgp:TechnologyTrademarkAndTradenameMember 2019-01-01 2019-12-31 0001111928 ipgp:ProductionKnowHowMember 2020-12-31 0001111928 ipgp:ProductionKnowHowMember 2020-01-01 2020-12-31 0001111928 ipgp:ProductionKnowHowMember 2019-12-31 0001111928 ipgp:ProductionKnowHowMember 2019-01-01 2019-12-31 0001111928 us-gaap:PatentsMember 2020-12-31 0001111928 us-gaap:PatentsMember 2020-01-01 2020-12-31 0001111928 us-gaap:PatentsMember 2019-12-31 0001111928 us-gaap:PatentsMember 2019-01-01 2019-12-31 0001111928 us-gaap:LandMember 2020-12-31 0001111928 us-gaap:LandMember 2019-12-31 0001111928 us-gaap:BuildingMember 2020-12-31 0001111928 us-gaap:BuildingMember 2019-12-31 0001111928 us-gaap:MachineryAndEquipmentMember 2020-12-31 0001111928 us-gaap:MachineryAndEquipmentMember 2019-12-31 0001111928 us-gaap:FurnitureAndFixturesMember 2020-12-31 0001111928 us-gaap:FurnitureAndFixturesMember 2019-12-31 0001111928 us-gaap:ConstructionInProgressMember 2020-12-31 0001111928 us-gaap:ConstructionInProgressMember 2019-12-31 0001111928 country:US 2020-12-31 0001111928 country:US 2019-12-31 0001111928 country:DE 2020-12-31 0001111928 country:DE 2019-12-31 0001111928 country:RU 2020-12-31 0001111928 country:RU 2019-12-31 0001111928 country:BY 2020-12-31 0001111928 country:BY 2019-12-31 0001111928 country:CN 2020-12-31 0001111928 country:CN 2019-12-31 0001111928 ipgp:OtherLocationMember 2020-12-31 0001111928 ipgp:OtherLocationMember 2019-12-31 0001111928 ipgp:LongTermNoteMember 2020-12-31 0001111928 ipgp:LongTermNoteMember 2019-12-31 0001111928 us-gaap:UnsecuredDebtMember 2020-12-31 0001111928 us-gaap:UnsecuredDebtMember us-gaap:LondonInterbankOfferedRateLIBORMember 2020-01-01 2020-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:UnsecuredDebtMember 2020-12-31 0001111928 srt:ScenarioForecastMember us-gaap:UnsecuredDebtMember 2023-05-31 0001111928 us-gaap:SecuredDebtMember 2020-12-31 0001111928 srt:ScenarioForecastMember us-gaap:SecuredDebtMember 2022-07-31 0001111928 us-gaap:LetterOfCreditMember ipgp:USLineOfCreditMember 2020-12-31 0001111928 srt:MinimumMember us-gaap:LetterOfCreditMember ipgp:USLineOfCreditMember us-gaap:LondonInterbankOfferedRateLIBORMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember us-gaap:LetterOfCreditMember ipgp:USLineOfCreditMember us-gaap:LondonInterbankOfferedRateLIBORMember 2020-01-01 2020-12-31 0001111928 ipgp:USLineOfCreditMember 2020-12-31 0001111928 ipgp:USLongTermNoteMember 2020-01-01 2020-12-31 0001111928 srt:MinimumMember ipgp:USLongTermNoteMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember ipgp:USLongTermNoteMember 2020-01-01 2020-12-31 0001111928 us-gaap:LetterOfCreditMember ipgp:EuroLineOfCreditMember 2020-12-31 0001111928 ipgp:EuroLineOfCreditMember 2020-12-31 0001111928 ipgp:OtherEuropeanFacilitiesMember 2020-12-31 0001111928 us-gaap:LetterOfCreditMember ipgp:OtherEuropeanFacilitiesMember 2020-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001111928 us-gaap:OtherAssetsMember us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-12-31 0001111928 us-gaap:OtherAssetsMember us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001111928 us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-12-31 0001111928 us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2020-01-01 2020-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2019-01-01 2019-12-31 0001111928 us-gaap:InterestRateSwapMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-01-01 2018-12-31 0001111928 srt:MinimumMember 2020-12-31 0001111928 srt:MaximumMember 2020-12-31 0001111928 srt:ManagementMember 2020-01-01 2020-12-31 0001111928 us-gaap:SubsequentEventMember 2021-02-22 0001111928 us-gaap:CostOfSalesMember 2020-01-01 2020-12-31 0001111928 us-gaap:CostOfSalesMember 2019-01-01 2019-12-31 0001111928 us-gaap:CostOfSalesMember 2018-01-01 2018-12-31 0001111928 us-gaap:SellingAndMarketingExpenseMember 2020-01-01 2020-12-31 0001111928 us-gaap:SellingAndMarketingExpenseMember 2019-01-01 2019-12-31 0001111928 us-gaap:SellingAndMarketingExpenseMember 2018-01-01 2018-12-31 0001111928 us-gaap:ResearchAndDevelopmentExpenseMember 2020-01-01 2020-12-31 0001111928 us-gaap:ResearchAndDevelopmentExpenseMember 2019-01-01 2019-12-31 0001111928 us-gaap:ResearchAndDevelopmentExpenseMember 2018-01-01 2018-12-31 0001111928 us-gaap:GeneralAndAdministrativeExpenseMember 2020-01-01 2020-12-31 0001111928 us-gaap:GeneralAndAdministrativeExpenseMember 2019-01-01 2019-12-31 0001111928 us-gaap:GeneralAndAdministrativeExpenseMember 2018-01-01 2018-12-31 0001111928 ipgp:TwoThousandSixIncentiveCompensationPlanMember 2020-12-31 0001111928 us-gaap:PerformanceSharesMember 2020-01-01 2020-12-31 0001111928 srt:MinimumMember us-gaap:PerformanceSharesMember 2020-01-01 2020-12-31 0001111928 srt:MaximumMember us-gaap:PerformanceSharesMember 2020-01-01 2020-12-31 0001111928 srt:MinimumMember 2019-01-01 2019-12-31 0001111928 srt:MaximumMember 2019-01-01 2019-12-31 0001111928 srt:MinimumMember 2018-01-01 2018-12-31 0001111928 srt:MaximumMember 2018-01-01 2018-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2017-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2018-01-01 2018-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2018-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2019-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2020-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2020-01-01 2020-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2019-01-01 2019-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2018-01-01 2018-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2020-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2019-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2018-12-31 0001111928 ipgp:TSRPerformanceSharesMember 2017-12-31 0001111928 us-gaap:PerformanceSharesMember 2020-12-31 0001111928 ipgp:OCFPerformanceSharesMember 2020-01-01 2020-12-31 0001111928 ipgp:OCFPerformanceSharesMember 2020-12-31 0001111928 ipgp:OCFPerformanceSharesMember 2019-12-31 0001111928 us-gaap:EmployeeStockMember 2020-01-01 2020-12-31 0001111928 us-gaap:EmployeeStockMember 2020-12-31 0001111928 us-gaap:EmployeeStockMember 2019-01-01 2019-12-31 0001111928 us-gaap:EmployeeStockMember 2018-01-01 2018-12-31 0001111928 us-gaap:ForeignCountryMember 2020-01-01 2020-12-31 0001111928 us-gaap:ForeignCountryMember 2019-01-01 2019-12-31 0001111928 ipgp:StateMember 2020-12-31 0001111928 ipgp:StateMember 2019-12-31 0001111928 us-gaap:ForeignCountryMember 2020-12-31 0001111928 us-gaap:ForeignCountryMember 2019-12-31 0001111928 ipgp:MenaraNetworksMember 2016-12-31 0001111928 ipgp:MenaraNetworksMember 2020-12-31 0001111928 ipgp:MenaraNetworksMember 2019-12-31 0001111928 srt:MinimumMember country:US 2020-01-01 2020-12-31 0001111928 srt:MaximumMember country:US 2020-01-01 2020-12-31 0001111928 srt:MinimumMember country:DE 2020-01-01 2020-12-31 0001111928 srt:MaximumMember country:DE 2020-01-01 2020-12-31 0001111928 srt:MinimumMember country:RU 2020-01-01 2020-12-31 0001111928 srt:MaximumMember country:RU 2020-01-01 2020-12-31 0001111928 us-gaap:EmployeeStockOptionMember 2020-01-01 2020-12-31 0001111928 us-gaap:EmployeeStockOptionMember 2019-01-01 2019-12-31 0001111928 us-gaap:EmployeeStockOptionMember 2018-01-01 2018-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2020-01-01 2020-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2019-01-01 2019-12-31 0001111928 us-gaap:RestrictedStockUnitsRSUMember 2018-01-01 2018-12-31 0001111928 us-gaap:PerformanceSharesMember 2020-01-01 2020-12-31 0001111928 us-gaap:PerformanceSharesMember 2019-01-01 2019-12-31 0001111928 us-gaap:PerformanceSharesMember 2018-01-01 2018-12-31 0001111928 ipgp:ShareRepurchaseProgram2019Member 2020-12-31 0001111928 ipgp:ShareRepurchaseProgram2018Member 2019-02-28 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:AircraftLeasedMember srt:ChiefExecutiveOfficerMember 2017-07-01 2017-07-31 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:Aircraft2017LeaseMember srt:ChiefExecutiveOfficerMember 2020-01-01 2020-12-31 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:AircraftLeasedMember srt:ChiefExecutiveOfficerMember 2020-01-01 2020-12-31 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:AircraftLeasedMember srt:ChiefExecutiveOfficerMember 2019-01-01 2019-12-31 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:AircraftLeasedMember srt:ChiefExecutiveOfficerMember 2018-01-01 2018-12-31 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:AircraftLeasedMember srt:DirectorMember 2020-12-31 0001111928 us-gaap:AirTransportationEquipmentMember ipgp:AircraftLeasedMember srt:DirectorMember 2019-12-31 0001111928 ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember srt:DirectorMember 2020-01-01 2020-12-31 0001111928 ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember srt:DirectorMember 2019-01-01 2019-12-31 0001111928 ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember srt:DirectorMember 2018-01-01 2018-12-31 0001111928 ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember srt:DirectorMember 2020-12-31 0001111928 ipgp:PurchasedPartsandServicesfromCompanywhichIndependentDirectorisExecutiveOfficerMember srt:DirectorMember 2019-12-31 0001111928 ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember srt:DirectorMember 2020-01-01 2020-12-31 0001111928 ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember srt:DirectorMember 2019-01-01 2019-12-31 0001111928 ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember srt:DirectorMember 2018-01-01 2018-12-31 0001111928 ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember srt:DirectorMember 2020-12-31 0001111928 ipgp:SaleOfVariousEquipmentAndPartsWhichIndependentDirectorIsAlsoAnIndependentDirectorMember srt:DirectorMember 2019-12-31 0001111928 2020-01-01 2020-03-31 0001111928 2020-04-01 2020-06-30 0001111928 2020-10-01 2020-12-31 0001111928 2019-01-01 2019-03-31 0001111928 2019-04-01 2019-06-30 0001111928 2019-07-01 2019-09-30 0001111928 2019-10-01 2019-12-31 iso4217:USD shares iso4217:USD shares ipgp:customer pure ipgp:customers ipgp:segment iso4217:EUR ipgp:creditLine false FY 2020 0001111928 P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y P1Y us-gaap:OtherAssets us-gaap:OtherAssets us-gaap:OtherLiabilitiesCurrent us-gaap:OtherLiabilitiesCurrent us-gaap:LiabilitiesNoncurrentAbstract us-gaap:LiabilitiesNoncurrentAbstract P1Y 10-K true 2020-12-31 --12-31 false 001-33155 IPG PHOTONICS CORP DE 04-3444218 50 Old Webster Road Oxford MA 01540 508 373-1100 Common Stock, Par Value $0.0001 per share IPGP NASDAQ Yes No Yes Yes Large Accelerated Filer false false true false 5700000000 53533592 Portions of the registrant's Proxy Statement for its 2021 Annual Meeting of Stockholders to be filed pursuant to Regulation 14A within 120 days of the end of the registrant's fiscal year ended December 31, 2020 are incorporated by reference into Part III of this Annual Report on Form 10-K to the extent stated herein. 876231000 680070000 514835000 502546000 264321000 238479000 364993000 380790000 69893000 38873000 57804000 55876000 2148077000 1896634000 43197000 31395000 41366000 82092000 62114000 74271000 597527000 600852000 43419000 45192000 2935700000 2730436000 3810000 3740000 25748000 27329000 176740000 149782000 8280000 11053000 214578000 191904000 92854000 98121000 34157000 37968000 341589000 327993000 0.0001 0.0001 175000000 175000000 55461246 53427234 54743227 53010875 6000 5000 2034012 1732352 303614000 265730000 854301000 785636000 2188191000 2028734000 -146065000 -146919000 2592819000 2401726000 1292000 717000 2594111000 2402443000 2935700000 2730436000 1200724000 1314581000 1459874000 661728000 708372000 659606000 538996000 606209000 800268000 70583000 77745000 57815000 126898000 129997000 122769000 110005000 107597000 102429000 44589000 37120000 0 1177000 7130000 0 12915000 -12827000 6150000 340337000 372416000 276863000 198659000 233793000 523405000 6270000 14238000 9057000 763000 345000 1933000 7033000 14583000 10990000 205692000 248376000 534395000 45354000 68115000 130226000 160338000 180261000 404169000 766000 27000 142000 159572000 180234000 404027000 3.00 3.40 7.55 2.97 3.35 7.38 53186000 53061000 53522000 53785000 53839000 54726000 160338000 180261000 404169000 1367000 15997000 -85590000 232000 0 0 -472000 -17000 15000 0 0 10000 663000 15980000 -85565000 161001000 196241000 318604000 575000 30000 129000 160426000 196211000 318475000 53629439 5000 378269 -48933000 704727000 1443867000 -77344000 0 2022322000 351795 9895000 9895000 12198 2288000 2288000 1051825 1051825 176065000 176065000 28027000 28027000 0 606000 10000 616000 -558000 -558000 404027000 142000 404169000 -85577000 -13000 -85590000 15000 15000 52941607 5000 1430094 -224998000 744937000 1848500000 -162896000 687000 2206235000 319211 805000 805000 52315 6531000 6531000 302258 302258 40732000 40732000 33363000 33363000 180234000 27000 180261000 15994000 3000 15997000 -17000 -17000 53010875 5000 1732352 -265730000 785636000 2028734000 -146919000 717000 2402443000 677076 1000 27934000 27935000 40943 5259000 5259000 301660 301660 37884000 37884000 35472000 35472000 -115000 -115000 159572000 766000 160338000 1558000 -191000 1367000 -472000 -472000 232000 232000 53427234 6000 2034012 -303614000 854301000 2188191000 -146065000 1292000 2594111000 160338000 180261000 404169000 94554000 96268000 80271000 12813000 15489000 4576000 35472000 33363000 28027000 44589000 37120000 0 671000 5350000 0 19935000 -11004000 2670000 -8642000 -3320000 3586000 70572000 63752000 38862000 13022000 -9776000 18814000 39900000 28105000 135440000 3802000 -18405000 7062000 -1942000 -10257000 -1426000 -14752000 -37310000 -19666000 -23337000 -43937000 35212000 285335000 323521000 393301000 87696000 133536000 160343000 889000 661000 1026000 1099224000 768078000 470328000 1111555000 760300000 765310000 429000 15115000 109115000 7000 -237000 -415000 -99574000 -139975000 -562999000 0 15000 255000 0 15000 255000 3740000 3671000 3604000 33194000 7336000 12183000 0 0 839000 37884000 40732000 176065000 1650000 0 0 -10080000 -37067000 -166647000 19888000 -7853000 -29197000 195569000 138626000 -365542000 682984000 544358000 909900000 878553000 682984000 544358000 2234000 2683000 3052000 85861000 116951000 112762000 8117000 10367000 6270000 4243000 7659000 2535000 -75000 1304000 -2852000 4035000 14670000 0 NATURE OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Nature of Business</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — IPG Photonics Corporation (the "Company" or "IPG") develops, manufactures and sells high-performance fiber lasers, fiber amplifiers, diode lasers, laser systems, communications systems and optical accessories that are used for diverse applications, primarily in materials processing. The Company was incorporated as a Delaware corporation in December 1998. Its world headquarters are located in Oxford, Massachusetts. It also has facilities and sales offices elsewhere in North and South America, Europe and Asia.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Principles of Consolidation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The accompanying financial statements include the accounts of the Company and its majority-owned subsidiaries. All intercompany accounts and transactions have been eliminated.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Foreign Currency</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The financial information for entities outside the United States is measured using local currencies as the functional currency. Assets and liabilities are translated into U.S. dollars at the exchange rate in effect on the respective balance sheet dates. Income and expenses are translated into U.S. dollars based on the average rate of exchange for the corresponding period. Exchange rate differences resulting from translation adjustments are accounted for directly as a component of accumulated other comprehensive loss. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Cash and Cash Equivalents and Short-Term Investments </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Cash and cash equivalents consist primarily of highly liquid investments, such as bank deposits, mutual funds and marketable securities with maturities of three months or less at the date of purchase with insignificant interest rate risk. Short-term investments consist primarily of similar highly liquid investments and marketable securities with insignificant interest rate risks. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">876,231 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">680,070 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash included in prepaid expenses and other current assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,322 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash included in other assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,914 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">878,553 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">682,984 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="text-align:justify;text-indent:24pt"><span><br/></span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounts Receivable and Allowance for Doubtful Accounts</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Accounts receivable include $58,566 and $16,484 of bank acceptance drafts at December 31, 2020 and 2019, respectively. Bank acceptance drafts are bank guarantees of payment on specified dates. The weighted average maturity of these bank acceptance drafts is approximately 130 days. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be collected. The allowance is based upon an estimate of expected credit losses over the life of outstanding receivables. The estimate involves an assessment of customer creditworthiness, historical payment experience, an assumption of future expected credit losses, and the age of outstanding receivables.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity related to the allowance for doubtful accounts was as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,547 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,731 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,198 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for bad debts, net of recoveries</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(156)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">677 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Uncollectable accounts written off</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(114)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(111)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(198)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(121)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(283)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,156 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,399 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,731 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Inventories</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Inventories are stated at the lower of cost or market on a first-in, first-out basis. Inventories include parts and components that may be specialized in nature and subject to rapid obsolescence. The Company periodically reviews the quantities and carrying values of inventories to assess whether the inventories are recoverable. The costs associated with provisions for excess quantities, technological obsolescence, or component rejections are charged to cost of sales as incurred.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Goodwill —</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Goodwill is the amount by which the cost of the acquired net assets in a business acquisition exceeded the fair values of the net identifiable assets on the date of purchase. Goodwill is assessed for impairment at least annually, on a reporting unit basis, or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. The process of evaluating the potential impairment of goodwill is subjective and requires significant judgment at many points during the analysis. If the book value of a reporting unit exceeds its fair value, the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded in an amount equal to that excess. The results of the goodwill assessments for the years ended December 31, 2020 and 2019 are discussed in Note 7. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Intangible Assets</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Intangible assets result from the Company's various business acquisitions. Intangible assets are reported at cost, net of accumulated amortization, and are amortized on a straight-line basis either over their estimated useful lives of one year to thirteen years or over the period the economic benefits of the intangible asset are consumed.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Property, Plant and Equipment</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is determined using the straight-line method based on the estimated useful lives of the related assets. In the case of leasehold improvements, the estimated useful lives of the related assets do not exceed the remaining terms of the corresponding leases. The following table presents the assigned economic useful lives of property, plant and equipment:</span></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:59.133%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.250%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.891%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Category</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Economic Useful Life</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Buildings</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20-30 years</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Machinery and equipment</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5-7 years</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office furniture and fixtures</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5-7 years</span></div></td></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Expenditures for maintenance and repairs are charged to operating expense.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Long-Lived Assets</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Long-lived assets, which consist primarily of property, plant and equipment and identifiable intangible assets, are reviewed by management for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When undiscounted expected future cash flows are less than the carrying value, an impairment loss is recorded equal to the amount by which the carrying value exceeds the fair value of assets. The Company incurred $671 and $2,498 of non-cash impairment charges related to long-lived assets during the years ended December 31, 2020 and 2019. There were no impairment charges recognized during the year ended December 31, 2018.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Included in other long-term assets is certain demonstration equipment. The demonstration equipment is amortized over the respective estimated economic lives, generally 3 years. The carrying value of the demonstration equipment totaled $6,506 and $7,591 at December 31, 2020 and 2019, respectively. Amortization expense of demonstration equipment for the years ended December 31, 2020, 2019 and 2018, was $4,166, $4,364 and $3,870, respectively.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Authorized Capital</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company has authorized capital stock consisting of 175,000,000 shares of common stock, par value $0.0001 per share, and 5,000,000 shares of preferred stock, par value $0.0001 per share. There are no shares of preferred stock outstanding as of December 31, 2020.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Recognition </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Revenue is recognized when transfer of control to the customer occurs in an amount reflecting the consideration that the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when a performance obligation is satisfied.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be contracts with a customer. As part of its consideration of the contract, the Company evaluates certain factors including the customer's ability to pay (or credit risk). For each contract, the Company considers the promise to transfer products, each of which is distinct as the identified performance obligations. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. As </span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the Company's standard payment terms are less than one year, the Company has elected the practical expedient under ASC 606-10-32-18 to not assess whether a contract has a significant financing component. The Company allocates the transaction price to each distinct product based on its relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer (i.e., when the Company's performance obligation is satisfied), which typically occurs at shipment but which can occur over time for certain of the Company's systems contracts.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company often receives orders with multiple delivery dates that may extend across several reporting periods. The Company allocates the transaction price of the contract to each delivery based on the product standalone selling price. The Company invoices for each scheduled delivery upon shipment and recognizes revenues for such delivery at that point, assuming transfer of control has occurred. As scheduled delivery dates are generally within one year, under the optional exemption provided by ASC 606-10-50-14 revenues allocated to future shipments of partially completed contracts are not disclosed.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rights of return are not generally included in customer contracts. Accordingly, upon application of steps one through five above, product revenue is recognized upon shipment and transfer of control. Returns are infrequent and are recorded as a reduction of revenue.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In certain subsidiaries the Company provides sales commissions to sales representatives based on sales volume. The Company has determined that the incentive portion of its sales commissions qualify as contract costs. The Company has elected the practical expedient in ASC 340-40-25-4 to expense sales commissions when incurred as the amortization period of the asset that would otherwise have been recognized is one year or less.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Recognition at a Point in Time </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues recognized at a point in time consist primarily of product, installation and service sales. The Company sells products to original equipment manufacturers ("OEMs") that supply materials processing laser systems, communications systems, medical laser systems and other laser systems for advanced applications to end users. The Company also sells products to end users that use IPG products directly to build their own systems, which incorporate or use IPG products as an energy or light source. The Company recognizes revenue for laser and spare part sales following the transfer of control of such products to the customer, which typically occurs upon shipment or delivery depending on the terms of the underlying contracts. Installation revenue is recognized upon completion of the installation service, which typically occurs within 90 days of delivery. For laser systems that carry customer specific processing requirements, revenue is recognized at the latter of customer acceptance date or shipment date if the customer acceptance is made prior to shipment. When sales contracts contain multiple performance obligations, such as the shipment or delivery of products and installation, the Company allocates the transaction price to each performance obligation identified in the contract based on relative standalone selling prices and recognizes the related revenue as control of each individual product or service is transferred to the customer, in satisfaction of the corresponding performance obligations.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Recognition over Time </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Warranties are limited and provide that the product meets specifications and is free from defects in materials and workmanship. The Company also offers extended warranty agreements, which extend the standard warranty periods. Extended warranties are sold separately from products and represent a distinct performance obligation. Revenue related to the performance obligation for extended warranties is recognized over time as the customer simultaneously receives and consumes the benefits provided by the Company. The customer receives the assurance that the product will operate in accordance with agreed-upon specifications evenly during the extended warranty period regardless of whether they make a claim during that period, and therefore, revenue at time of sale is deferred and recognized over the time period of the extended warranty period.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With the acquisition of Genesis Systems Group, LLC in December 2018, the Company enters into contracts to sell customized robotic systems, for which revenue is generally recognized over time, depending on the terms of the contract. Recognizing revenue over time for these contracts is based on the Company’s judgment that the customized robotic system does not have an alternative use and the Company has an enforceable right to payment for performance completed to date. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The determination of the revenue to be recognized in a given period for performance obligations over time is based on the input method. The Company generally uses the total cost-to-cost input method of progress because it best depicts the transfer of control to the customer that occurs as costs are incurred. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to date to the total estimated costs at completion of the performance obligation. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Customer Deposits and Deferred Revenue</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">When the Company receives consideration from a customer or such consideration is unconditionally due prior to transferring goods or services under the terms of a sales contract, the Company </span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">records customer deposits or deferred revenue, which represent contract liabilities. The Company recognizes deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria are met. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Warranties</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company typically provides <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xMTIvZnJhZzo4MDQzNjhmYzc3YTE0OTRkODkzNGNjOTMxODYyYjBkOC90ZXh0cmVnaW9uOjgwNDM2OGZjNzdhMTQ5NGQ4OTM0Y2M5MzE4NjJiMGQ4XzEzNjIx_16e7ef69-26de-4dd9-930a-5588dab25af3">one</span> to five-year warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas. The Company estimates the warranty accrual considering past claims experience, the number of units still covered by warranty and the average life of the remaining warranty period. The warranty accrual has generally been sufficient to cover product warranty repair and replacement costs. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Stock-Based Compensation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company accounts for stock-based compensation expense using the fair value of the awards granted. The Company estimates the fair value of stock options granted using the Black-Scholes model, it values restricted stock units ("RSUs") and certain performance stock units with operating cash flow targets ("OCF PSUs") using the intrinsic value method, and it uses a Monte Carlo simulation model to estimate the fair value of certain performance stock units with total stockholder return targets ("TSR PSUs"). The Company accounts for forfeitures as they occur. The Company amortizes the fair value of stock options and other equity awards on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods. Stock options and RSUs generally vest annually on the anniversary of the grant date over a four-year period. TSR PSUs and OCF PSUs cliff-vest on March 1</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">st</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> following the third anniversary of the grant date based upon achievement of performance targets established at grant. The description of the Company's stock-based compensation plans and the assumptions it uses to calculate the fair value of stock-based compensation is more fully described in Note 15, "Stock-based Compensation."</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Advertising Expense</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The cost of advertising is expensed as incurred. The Company conducts substantially all of its sales and marketing efforts through trade shows, professional and technical conferences, direct sales and the Company's website. The Company's advertising costs were not material for the periods presented.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Research and Development</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Research and development costs are expensed as incurred.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Restructuring </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— The Company records charges associated with approved restructuring plans to reorganize operations, to remove redundant headcount and infrastructure associated with business acquisitions or to improve the efficiency of business processes. Restructuring charges can include severance costs to eliminate a specific number of positions, infrastructure charges to vacate facilities and consolidate operations and contract cancellation costs. The Company records restructuring charges when they are probable and estimable. The Company accrues for severance and other employee separation costs under these plans when the employees accept the offer and the amount can be reasonably estimated.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts and tax basis of assets and liabilities and net operating loss and credit carryforwards using enacted rates in effect when those differences are expected to reverse. Valuation allowances are provided against deferred tax assets that are not deemed to be recoverable. The Company recognizes tax positions that are more likely than not to be sustained upon examination by relevant tax authorities. The tax positions are measured at the greatest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. The reserves are based on a determination of whether and how much of a tax benefit taken in its tax filings or positions is more likely than not to be realized following resolution of uncertainties related to the tax benefit, assuming that the matter in question will be raised by the tax authorities.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, short-term investments and accounts receivable. The Company maintains substantially all of its cash and cash equivalents, short-term investments and marketable securities in various financial institutions, which it believes to be high-credit quality financial institutions. The Company grants credit to customers in the ordinary course of business and provides a reserve for potential credit losses. Such losses historically have been within management's expectations.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">One customer comprised 8%, 9% and 12% of net sales during the years ended December 31, 2020, 2019 and 2018 respectively. The same customer accounted for 21% and 24% of our net accounts receivable as of December 31, 2020 and 2019, respectively. The Company has historically depended on a few customers for a significant percentage of its annual net </span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">sales. The composition of this group can change from year to year. Net sales derived from the Company's five largest customers as a percentage of its annual net sales were 24%, 21% and 26% in 2020, 2019 and 2018, respectively. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Comprehensive Income</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Comprehensive income includes charges and credits to equity that are not the result of transactions with stockholders. Included within comprehensive income is the cumulative foreign currency translation adjustment, change in carrying value of auction rate securities, unrealized gains or losses on derivatives and unrealized gains or losses on available-for-sale investments. These adjustments are accumulated within the consolidated statements of comprehensive income.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total components of accumulated other comprehensive loss were as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation adjustments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(145,603)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(147,161)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized gain on auction rate securities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">232 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(462)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated other comprehensive loss</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(146,065)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(146,919)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Derivative Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company's primary market exposures are to interest rates and foreign exchange rates. The Company from time to time may use certain derivative financial instruments to help manage these exposures. The Company executes these instruments with financial institutions it judges to be credit-worthy. The Company does not hold or issue derivative financial instruments for trading or speculative purposes. The Company recognizes all derivative financial instruments as either assets or liabilities at fair value in the consolidated balance sheets.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business Segment Information</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company operates in one segment which involves the design, development, production and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The Company has a single, company-wide management team that administers all properties as a whole rather than as discrete operating segments. The chief operating decision maker, who is the Company's chief executive officer, measures financial performance as a single enterprise, and not on geography, legal entity, or end market basis. Throughout the year, the chief operating decision maker allocates capital resources on a project-by-project basis across the Company's entire asset base to maximize profitability without regard to geography, legal entity, or end market basis. The Company operates in a number of countries throughout the world in a variety of product lines. Information regarding product lines and geographic financial information is provided in Note 2, "Revenue from Contracts with Customers" and Note 8, "Property, Plant and Equipment."</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Earnings Per Share</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Basic net income per share is computed by dividing net income attributable to shareholders of the Company by the weighted-average number of common shares outstanding during the reporting period. Diluted net income per share is computed similarly to basic net income per share, except that it includes the potential dilution that could occur if dilutive securities were exercised. Information about potentially dilutive and antidilutive shares for the reporting period is provided in Note 18, "Net Income Attributable to IPG Photonics Corporation Per Share." </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> Leases</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company determines if an arrangement is a lease at inception. Operating leases are included in other assets, other current liabilities, and other long-term liabilities on the Company's consolidated balance sheets. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Right of use ("ROU") assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company's leases do not provide an implicit rate, IPG uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The ROU assets also include any lease payments made and initial direct costs incurred and exclude lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component. </span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recent Accounting Pronouncements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adopted Pronouncements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, "Measurement of Credit Losses on Financial Instruments" ("ASU 2016-13"), which adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance for its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. The ASU is also intended to reduce the complexity by decreasing the number of credit impairment models that entities use to account for debt instruments. The Company adopted ASU 2016-03, along with its subsequent clarifications, as of January 1, 2020. The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Adoption of</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ASU 2016-13</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Balance Sheet</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable, net</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238,479 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(148)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238,331 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income taxes, net</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,395 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,428 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retained earnings</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028,734 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(115)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028,619 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In February 2016, the Financial Accounting Standards Board (“FASB”) issued a new standard related to leases to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. The Company adopted ASC 842, as of January 1, 2019, using the modified retrospective approach as of the date of adoption. Under this approach, comparative periods have not been restated. In addition, IPG elected the package of three practical expedients permitted under the transition guidance within the new standard, which among other things, allowed for the carry forward of the historical lease classification.</span></div><div style="text-indent:24pt"><span><br/></span></div><div style="text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Subsequent Events</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> — The Company has considered the impact of subsequent events through the filing date of these financial statements. There were no events through the filing date of these financial statements required to be disclosed.</span></div> <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Principles of Consolidation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The accompanying financial statements include the accounts of the Company and its majority-owned subsidiaries. All intercompany accounts and transactions have been eliminated.</span> <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span> Foreign Currency — The financial information for entities outside the United States is measured using local currencies as the functional currency. Assets and liabilities are translated into U.S. dollars at the exchange rate in effect on the respective balance sheet dates. Income and expenses are translated into U.S. dollars based on the average rate of exchange for the corresponding period. Exchange rate differences resulting from translation adjustments are accounted for directly as a component of accumulated other comprehensive loss. Cash and Cash Equivalents and Short-Term Investments — Cash and cash equivalents consist primarily of highly liquid investments, such as bank deposits, mutual funds and marketable securities with maturities of three months or less at the date of purchase with insignificant interest rate risk. Short-term investments consist primarily of similar highly liquid investments and marketable securities with insignificant interest rate risks. <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">876,231 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">680,070 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash included in prepaid expenses and other current assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,322 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash included in other assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,914 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">878,553 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">682,984 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The reconciliation of the Company's cash and cash equivalents in the consolidated balance sheets to cash, cash equivalents and restricted cash in the consolidated statement of cash flows is as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">876,231 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">680,070 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash included in prepaid expenses and other current assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,322 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted cash included in other assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,914 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash, cash equivalents and restricted cash</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">878,553 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">682,984 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 876231000 680070000 2322000 0 0 2914000 878553000 682984000 <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Accounts Receivable and Allowance for Doubtful Accounts</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Accounts receivable include $58,566 and $16,484 of bank acceptance drafts at December 31, 2020 and 2019, respectively. Bank acceptance drafts are bank guarantees of payment on specified dates. The weighted average maturity of these bank acceptance drafts is approximately 130 days. The Company maintains an allowance for doubtful accounts to provide for the estimated amount of accounts receivable that will not be collected. The allowance is based upon an estimate of expected credit losses over the life of outstanding receivables. The estimate involves an assessment of customer creditworthiness, historical payment experience, an assumption of future expected credit losses, and the age of outstanding receivables.</span> 58566000 16484000 P130D <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity related to the allowance for doubtful accounts was as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,547 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,731 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,198 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for bad debts, net of recoveries</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(156)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">677 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Uncollectable accounts written off</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(114)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(111)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(198)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(121)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(283)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,156 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,399 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,731 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 2547000 1731000 2198000 -156000 677000 14000 114000 111000 198000 121000 -102000 283000 2156000 2399000 1731000 <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Inventories</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Inventories are stated at the lower of cost or market on a first-in, first-out basis. Inventories include parts and components that may be specialized in nature and subject to rapid obsolescence. The Company periodically reviews the quantities and carrying values of inventories to assess whether the inventories are recoverable. The costs associated with provisions for excess quantities, technological obsolescence, or component rejections are charged to cost of sales as incurred.</span> Goodwill — Goodwill is the amount by which the cost of the acquired net assets in a business acquisition exceeded the fair values of the net identifiable assets on the date of purchase. Goodwill is assessed for impairment at least annually, on a reporting unit basis, or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. The process of evaluating the potential impairment of goodwill is subjective and requires significant judgment at many points during the analysis. If the book value of a reporting unit exceeds its fair value, the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded in an amount equal to that excess. The results of the goodwill assessments for the years ended December 31, 2020 and 2019 are discussed in Note 7. <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Intangible Assets</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Intangible assets result from the Company's various business acquisitions. Intangible assets are reported at cost, net of accumulated amortization, and are amortized on a straight-line basis either over their estimated useful lives of one year to thirteen years or over the period the economic benefits of the intangible asset are consumed.</span> P1Y P13Y Property, Plant and Equipment — Property, plant and equipment are stated at cost, less accumulated depreciation. Depreciation is determined using the straight-line method based on the estimated useful lives of the related assets. In the case of leasehold improvements, the estimated useful lives of the related assets do not exceed the remaining terms of the corresponding leases. The following table presents the assigned economic useful lives of property, plant and equipment:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:59.133%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:14.250%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:10.891%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Category</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Economic Useful Life</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Buildings</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20-30 years</span></div></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Machinery and equipment</span></td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5-7 years</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office furniture and fixtures</span></td><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%">  </span></td><td colspan="6" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5-7 years</span></div></td></tr></table> P20Y P30Y P5Y P7Y P5Y P7Y Long-Lived Assets — Long-lived assets, which consist primarily of property, plant and equipment and identifiable intangible assets, are reviewed by management for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. When undiscounted expected future cash flows are less than the carrying value, an impairment loss is recorded equal to the amount by which the carrying value exceeds the fair value of assets. 671000 2498000 0 P3Y 6506000 7591000 4166000 4364000 3870000 175000000 0.0001 5000000 0.0001 0 <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Recognition </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Revenue is recognized when transfer of control to the customer occurs in an amount reflecting the consideration that the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five step approach: (1) identify the contract with a customer, (2) identify the performance obligations in the contract, (3) determine the transaction price, (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when a performance obligation is satisfied.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company considers customer purchase orders, which in some cases are governed by master sales agreements, to be contracts with a customer. As part of its consideration of the contract, the Company evaluates certain factors including the customer's ability to pay (or credit risk). For each contract, the Company considers the promise to transfer products, each of which is distinct as the identified performance obligations. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment to determine the net consideration to which the Company expects to be entitled. As </span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the Company's standard payment terms are less than one year, the Company has elected the practical expedient under ASC 606-10-32-18 to not assess whether a contract has a significant financing component. The Company allocates the transaction price to each distinct product based on its relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer (i.e., when the Company's performance obligation is satisfied), which typically occurs at shipment but which can occur over time for certain of the Company's systems contracts.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company often receives orders with multiple delivery dates that may extend across several reporting periods. The Company allocates the transaction price of the contract to each delivery based on the product standalone selling price. The Company invoices for each scheduled delivery upon shipment and recognizes revenues for such delivery at that point, assuming transfer of control has occurred. As scheduled delivery dates are generally within one year, under the optional exemption provided by ASC 606-10-50-14 revenues allocated to future shipments of partially completed contracts are not disclosed.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Rights of return are not generally included in customer contracts. Accordingly, upon application of steps one through five above, product revenue is recognized upon shipment and transfer of control. Returns are infrequent and are recorded as a reduction of revenue.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In certain subsidiaries the Company provides sales commissions to sales representatives based on sales volume. The Company has determined that the incentive portion of its sales commissions qualify as contract costs. The Company has elected the practical expedient in ASC 340-40-25-4 to expense sales commissions when incurred as the amortization period of the asset that would otherwise have been recognized is one year or less.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Recognition at a Point in Time </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Revenues recognized at a point in time consist primarily of product, installation and service sales. The Company sells products to original equipment manufacturers ("OEMs") that supply materials processing laser systems, communications systems, medical laser systems and other laser systems for advanced applications to end users. The Company also sells products to end users that use IPG products directly to build their own systems, which incorporate or use IPG products as an energy or light source. The Company recognizes revenue for laser and spare part sales following the transfer of control of such products to the customer, which typically occurs upon shipment or delivery depending on the terms of the underlying contracts. Installation revenue is recognized upon completion of the installation service, which typically occurs within 90 days of delivery. For laser systems that carry customer specific processing requirements, revenue is recognized at the latter of customer acceptance date or shipment date if the customer acceptance is made prior to shipment. When sales contracts contain multiple performance obligations, such as the shipment or delivery of products and installation, the Company allocates the transaction price to each performance obligation identified in the contract based on relative standalone selling prices and recognizes the related revenue as control of each individual product or service is transferred to the customer, in satisfaction of the corresponding performance obligations.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Revenue Recognition over Time </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— Warranties are limited and provide that the product meets specifications and is free from defects in materials and workmanship. The Company also offers extended warranty agreements, which extend the standard warranty periods. Extended warranties are sold separately from products and represent a distinct performance obligation. Revenue related to the performance obligation for extended warranties is recognized over time as the customer simultaneously receives and consumes the benefits provided by the Company. The customer receives the assurance that the product will operate in accordance with agreed-upon specifications evenly during the extended warranty period regardless of whether they make a claim during that period, and therefore, revenue at time of sale is deferred and recognized over the time period of the extended warranty period.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With the acquisition of Genesis Systems Group, LLC in December 2018, the Company enters into contracts to sell customized robotic systems, for which revenue is generally recognized over time, depending on the terms of the contract. Recognizing revenue over time for these contracts is based on the Company’s judgment that the customized robotic system does not have an alternative use and the Company has an enforceable right to payment for performance completed to date. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The determination of the revenue to be recognized in a given period for performance obligations over time is based on the input method. The Company generally uses the total cost-to-cost input method of progress because it best depicts the transfer of control to the customer that occurs as costs are incurred. Under the cost-to-cost method, the extent of progress towards completion is measured based on the proportion of costs incurred to date to the total estimated costs at completion of the performance obligation. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Customer Deposits and Deferred Revenue</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">When the Company receives consideration from a customer or such consideration is unconditionally due prior to transferring goods or services under the terms of a sales contract, the Company </span></div>records customer deposits or deferred revenue, which represent contract liabilities. The Company recognizes deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria are met. P1Y P90D Warranties — The Company typically provides <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xMTIvZnJhZzo4MDQzNjhmYzc3YTE0OTRkODkzNGNjOTMxODYyYjBkOC90ZXh0cmVnaW9uOjgwNDM2OGZjNzdhMTQ5NGQ4OTM0Y2M5MzE4NjJiMGQ4XzEzNjIx_16e7ef69-26de-4dd9-930a-5588dab25af3">one</span> to five-year warranties on lasers and amplifiers. Most of the Company's sales offices provide support to customers in their respective geographic areas. The Company estimates the warranty accrual considering past claims experience, the number of units still covered by warranty and the average life of the remaining warranty period. The warranty accrual has generally been sufficient to cover product warranty repair and replacement costs. P5Y <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Stock-Based Compensation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company accounts for stock-based compensation expense using the fair value of the awards granted. The Company estimates the fair value of stock options granted using the Black-Scholes model, it values restricted stock units ("RSUs") and certain performance stock units with operating cash flow targets ("OCF PSUs") using the intrinsic value method, and it uses a Monte Carlo simulation model to estimate the fair value of certain performance stock units with total stockholder return targets ("TSR PSUs"). The Company accounts for forfeitures as they occur. The Company amortizes the fair value of stock options and other equity awards on a straight-line basis over the requisite service periods of the awards, which are generally the vesting periods. Stock options and RSUs generally vest annually on the anniversary of the grant date over a four-year period. TSR PSUs and OCF PSUs cliff-vest on March 1</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">st</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> following the third anniversary of the grant date based upon achievement of performance targets established at grant. The description of the Company's stock-based compensation plans and the assumptions it uses to calculate the fair value of stock-based compensation is more fully described in Note 15, "Stock-based Compensation."</span> P4Y P4Y <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Advertising Expense</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The cost of advertising is expensed as incurred. The Company conducts substantially all of its sales and marketing efforts through trade shows, professional and technical conferences, direct sales and the Company's website. The Company's advertising costs were not material for the periods presented.</span> <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Research and Development</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Research and development costs are expensed as incurred.</span> <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Restructuring </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">— The Company records charges associated with approved restructuring plans to reorganize operations, to remove redundant headcount and infrastructure associated with business acquisitions or to improve the efficiency of business processes. Restructuring charges can include severance costs to eliminate a specific number of positions, infrastructure charges to vacate facilities and consolidate operations and contract cancellation costs. The Company records restructuring charges when they are probable and estimable. The Company accrues for severance and other employee separation costs under these plans when the employees accept the offer and the amount can be reasonably estimated.</span> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the financial statement carrying amounts and tax basis of assets and liabilities and net operating loss and credit carryforwards using enacted rates in effect when those differences are expected to reverse. Valuation allowances are provided against deferred tax assets that are not deemed to be recoverable. The Company recognizes tax positions that are more likely than not to be sustained upon examination by relevant tax authorities. The tax positions are measured at the greatest amount of tax benefit that is more than 50 percent likely to be realized upon ultimate settlement.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. The reserves are based on a determination of whether and how much of a tax benefit taken in its tax filings or positions is more likely than not to be realized following resolution of uncertainties related to the tax benefit, assuming that the matter in question will be raised by the tax authorities.</span></div> <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of Credit Risk</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Financial instruments that potentially subject the Company to credit risk consist primarily of cash and cash equivalents, short-term investments and accounts receivable. The Company maintains substantially all of its cash and cash equivalents, short-term investments and marketable securities in various financial institutions, which it believes to be high-credit quality financial institutions. The Company grants credit to customers in the ordinary course of business and provides a reserve for potential credit losses. Such losses historically have been within management's expectations.</span> 1 1 1 0.08 0.09 0.12 0.21 0.24 5 0.24 0.21 0.26 <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Comprehensive Income</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — Comprehensive income includes charges and credits to equity that are not the result of transactions with stockholders. Included within comprehensive income is the cumulative foreign currency translation adjustment, change in carrying value of auction rate securities, unrealized gains or losses on derivatives and unrealized gains or losses on available-for-sale investments. These adjustments are accumulated within the consolidated statements of comprehensive income.</span> <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Total components of accumulated other comprehensive loss were as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation adjustments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(145,603)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(147,161)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized gain on auction rate securities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">232 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unrealized (loss) gain on derivatives, net of tax benefit of $141 and tax of $3, respectively</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(462)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated other comprehensive loss</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(146,065)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(146,919)</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> -145603000 -147161000 0 232000 -141000 3000 -462000 10000 -146065000 -146919000 <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Derivative Instruments</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company's primary market exposures are to interest rates and foreign exchange rates. The Company from time to time may use certain derivative financial instruments to help manage these exposures. The Company executes these instruments with financial institutions it judges to be credit-worthy. The Company does not hold or issue derivative financial instruments for trading or speculative purposes. The Company recognizes all derivative financial instruments as either assets or liabilities at fair value in the consolidated balance sheets.</span> <span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business Segment Information</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company operates in one segment which involves the design, development, production and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The Company has a single, company-wide management team that administers all properties as a whole rather than as discrete operating segments. The chief operating decision maker, who is the Company's chief executive officer, measures financial performance as a single enterprise, and not on geography, legal entity, or end market basis. Throughout the year, the chief operating decision maker allocates capital resources on a project-by-project basis across the Company's entire asset base to maximize profitability without regard to geography, legal entity, or end market basis. The Company operates in a number of countries throughout the world in a variety of product lines. Information regarding product lines and geographic financial information is provided in Note 2, "Revenue from Contracts with Customers" and Note 8, "Property, Plant and Equipment."</span> 1 Earnings Per Share — Basic net income per share is computed by dividing net income attributable to shareholders of the Company by the weighted-average number of common shares outstanding during the reporting period. Diluted net income per share is computed similarly to basic net income per share, except that it includes the potential dilution that could occur if dilutive securities were exercised. Information about potentially dilutive and antidilutive shares for the reporting period is provided in Note 18, "Net Income Attributable to IPG Photonics Corporation Per Share." Leases — The Company determines if an arrangement is a lease at inception. Operating leases are included in other assets, other current liabilities, and other long-term liabilities on the Company's consolidated balance sheets. Right of use ("ROU") assets and lease liabilities are recognized based on the present value of the future minimum lease payments over the lease term at commencement date. As most of the Company's leases do not provide an implicit rate, IPG uses its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The ROU assets also include any lease payments made and initial direct costs incurred and exclude lease incentives. Lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for minimum lease payments is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet; the Company recognizes lease expense for these leases on a straight-line basis over the lease term. The Company has lease agreements with lease and non-lease components, which are accounted for as a single lease component. <div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Recent Accounting Pronouncements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Adopted Pronouncements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — In June 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-13, "Measurement of Credit Losses on Financial Instruments" ("ASU 2016-13"), which adds an impairment model (known as the current expected credit loss ("CECL") model) that is based on expected losses rather than incurred losses. Under the new guidance, an entity recognizes as an allowance for its estimate of expected credit losses, which the FASB believes will result in more timely recognition of such losses. The ASU is also intended to reduce the complexity by decreasing the number of credit impairment models that entities use to account for debt instruments. The Company adopted ASU 2016-03, along with its subsequent clarifications, as of January 1, 2020. The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Adoption of</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ASU 2016-13</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Balance Sheet</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable, net</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238,479 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(148)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238,331 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income taxes, net</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,395 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,428 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retained earnings</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028,734 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(115)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028,619 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In February 2016, the Financial Accounting Standards Board (“FASB”) issued a new standard related to leases to increase transparency and comparability among organizations by requiring the recognition of ROU assets and lease liabilities on the balance sheet. Most prominent among the changes in the standard is the recognition of ROU assets and lease liabilities by lessees for those leases classified as operating leases. The Company adopted ASC 842, as of January 1, 2019, using the modified retrospective approach as of the date of adoption. Under this approach, comparative periods have not been restated. In addition, IPG elected the package of three practical expedients permitted under the transition guidance within the new standard, which among other things, allowed for the carry forward of the historical lease classification.</span></div><div style="text-indent:24pt"><span><br/></span></div><div style="text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Subsequent Events</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> — The Company has considered the impact of subsequent events through the filing date of these financial statements. There were no events through the filing date of these financial statements required to be disclosed.</span></div> The cumulative effect of the changes made to the Company's consolidated January 1, 2020 balance sheet for the adoption of ASU 2016-13 was as follows:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Adoption of</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Balance at</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">ASU 2016-13</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1, 2020</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Balance Sheet</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accounts receivable, net</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238,479 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(148)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238,331 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income taxes, net</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,395 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31,428 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Retained earnings</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028,734 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(115)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,028,619 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 238479000 -148000 238331000 31395000 33000 31428000 2028734000 -115000 2028619000 REVENUE FROM CONTRACTS WITH CUSTOMERS<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sales are derived from products for different applications: fiber lasers, diode lasers, systems and accessories for materials processing, fiber lasers, amplifiers an diodes for advanced applications, fiber amplifiers and transceivers for communications applications, and fiber lasers, systems and fibers for medical applications. The following tables represent a disaggregation of revenue from contracts with customers for the years ended December 31, 2020, 2019 and 2018:</span></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.747%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Sales by Application</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Materials processing</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,082,478 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,229,211 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,374,448 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other applications</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">118,246 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85,370 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85,426 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Sales by Product</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">High Power Continuous Wave ("CW") Lasers</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">646,062 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">734,745 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">909,726 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Medium Power CW Lasers</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,796 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,625 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,764 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pulsed Lasers</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158,448 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137,675 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,048 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Quasi-Continuous Wave ("QCW") Lasers</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,333 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,440 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66,700 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Laser and Non-Laser Systems</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,727 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">141,647 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,330 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">201,358 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">187,449 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">166,306 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:5pt"><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Sales by Geography</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">North America</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">246,189 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">280,886 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202,743 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Europe:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Germany</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65,646 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81,365 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111,259 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other including Eastern Europe/CIS</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">219,540 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249,871 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">296,917 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia and Australia:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">China</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">502,278 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">491,890 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">629,079 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Japan</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,180 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,757 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87,619 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103,785 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,586 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127,251 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rest of World</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,106 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,226 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,006 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Timing of Revenue Recognition</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goods and services transferred at a point in time</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,144,237 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,233,065 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,447,343 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goods and services transferred over time</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,487 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81,516 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,531 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company enters into contracts to sell lasers and spare parts, for which revenue is generally recognized upon shipment or delivery, depending on the terms of the contract. The Company also provides installation services and extended warranties. The Company frequently receives consideration from a customer prior to transferring goods to the customer under the terms of a sales contract. The Company records customer deposits related to these prepayments, which represent a contract liability. The Company also records deferred revenue related to installation services when consideration is received before the services have been performed. The standalone selling price for installation services is determined based on the estimated number of days of service technician time required for installation at standard service rates. The Company recognizes customer deposits and deferred revenue as net sales after control of the goods or services has been transferred to the customer and all revenue recognition criteria is met. The Company bills customers for extended warranties upon entering into the agreement with the customer, resulting in deferred revenue. The timing of customer payments on contracts for the sale of customized robotic systems generally differs from the timing of revenue recognized, resulting in contract assets and liabilities. Contract assets are included within prepaid expense and other current assets on the consolidated balance sheets. Contract liabilities are included within accrued expenses and other current liabilities on the consolidated balance sheets. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reflects the changes in the Company's contract assets and liabilities for the years ended December 31, 2020 and 2019: </span></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:30.771%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.718%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.718%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.718%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.727%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contract assets</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract assets</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,999 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,645 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(646)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,645 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,102 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(457)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contract liabilities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities - current</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,246 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,531 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,715 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,531 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52,606 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,925 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities - long-term</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,189 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,820 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">369 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,820 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,413 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">407 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the year ended December 31, 2020 and 2019, the Company recognized revenue of $48,738 and $45,223, respectively, that was included in the contract liabilities at the beginning of the period.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has elected the practical expedient in ASC 606-10-50-14, whereby the performance obligations for contracts with an original expected duration of one year or less are not disclosed. The following table represents the Company's remaining performance obligations from contracts that are recognized over time as of December 31, 2020: </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:30.771%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.987%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.999%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="39" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Remaining Performance Obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Thereafter</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue expected to be recognized for extended warranty agreements</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,795 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">996 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">675 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,971 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue to be earned over time from contracts to sell robotic systems</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,513 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,336 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,849 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,308 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,332 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">675 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,820 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> The following tables represent a disaggregation of revenue from contracts with customers for the years ended December 31, 2020, 2019 and 2018:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.747%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Sales by Application</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Materials processing</span></td><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,082,478 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,229,211 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,374,448 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other applications</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">118,246 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85,370 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85,426 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Sales by Product</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">High Power Continuous Wave ("CW") Lasers</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">646,062 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">734,745 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">909,726 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Medium Power CW Lasers</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,796 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,625 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">95,764 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pulsed Lasers</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">158,448 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">137,675 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,048 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Quasi-Continuous Wave ("QCW") Lasers</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">50,333 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,440 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66,700 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Laser and Non-Laser Systems</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">93,727 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">141,647 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,330 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other Revenue including Amplifiers, Service, Parts, Accessories and Change in Deferred Revenue</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">201,358 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">187,449 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">166,306 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:5pt"><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Sales by Geography</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">North America</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">246,189 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">280,886 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">202,743 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Europe:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Germany</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">65,646 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81,365 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">111,259 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other including Eastern Europe/CIS</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">219,540 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249,871 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">296,917 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Asia and Australia:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">China</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">502,278 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">491,890 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">629,079 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Japan</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,180 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,757 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">87,619 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">103,785 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121,586 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127,251 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Rest of World</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,106 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,226 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,006 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Timing of Revenue Recognition</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goods and services transferred at a point in time</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,144,237 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,233,065 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,447,343 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goods and services transferred over time</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56,487 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">81,516 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,531 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,200,724 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,314,581 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,459,874 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 1082478000 1229211000 1374448000 118246000 85370000 85426000 1200724000 1314581000 1459874000 646062000 734745000 909726000 50796000 56625000 95764000 158448000 137675000 162048000 50333000 56440000 66700000 93727000 141647000 59330000 201358000 187449000 166306000 1200724000 1314581000 1459874000 246189000 280886000 202743000 65646000 81365000 111259000 219540000 249871000 296917000 502278000 491890000 629079000 53180000 71757000 87619000 103785000 121586000 127251000 10106000 17226000 5006000 1200724000 1314581000 1459874000 1144237000 1233065000 1447343000 56487000 81516000 12531000 1200724000 1314581000 1459874000 <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table reflects the changes in the Company's contract assets and liabilities for the years ended December 31, 2020 and 2019: </span></div><div style="margin-bottom:6pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:30.771%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.718%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.718%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.718%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.727%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">January 1,</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Change</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contract assets</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract assets</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,999 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,645 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(646)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,645 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,102 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(457)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contract liabilities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities - current</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,246 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,531 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,715 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,531 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52,606 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,925 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities - long-term</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,189 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,820 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">369 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,820 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,413 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">407 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 8999000 9645000 -646000 9645000 10102000 -457000 71246000 59531000 11715000 59531000 52606000 6925000 2189000 1820000 369000 1820000 1413000 407000 48738000 45223000 P1Y The following table represents the Company's remaining performance obligations from contracts that are recognized over time as of December 31, 2020: <table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:30.771%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.987%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:7.671%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.999%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="39" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Remaining Performance Obligations</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Thereafter</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue expected to be recognized for extended warranty agreements</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,795 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">996 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">675 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,971 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Revenue to be earned over time from contracts to sell robotic systems</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">17,513 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,336 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,849 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,308 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,332 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">675 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">113 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,820 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 3795000 996000 675000 381000 113000 11000 5971000 17513000 1336000 0 0 0 0 18849000 21308000 2332000 675000 381000 113000 11000 24820000 FAIR VALUE MEASUREMENTS<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's financial instruments consist of cash equivalents, short-term and long-term investments, accounts receivable, auction rate securities, accounts payable, drawings on revolving lines of credit, long-term debt, interest rate swaps and contingent purchase consideration.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The valuation techniques used to measure fair value are based upon observable and unobservable inputs. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect internal market assumptions. These two types of inputs create the following fair value hierarchy: Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs for which little or no market data exists, therefore requiring an entity to develop its own assumptions. The Company classifies its financial instruments according to the prescribed criteria. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The carrying amounts of money market fund deposits, term deposits, accounts receivable, accounts payable and drawings on revolving lines of credit are considered reasonable estimates of their fair market value due to the short maturity of most of these instruments or as a result of the competitive market interest rates, which have been negotiated. The fair value of the Company's bond securities is based upon quoted prices for instruments with identical terms in active markets. The Company's commercial paper securities reported at fair value are based upon model-driven valuations in which all significant inputs are observable or can be derived from or corroborated by observable market data for substantially the full term of the asset or liability, and are therefore classified as Level 2. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents fair value information related to the Company's assets and liabilities measured at amortized cost on the consolidated balance sheets with the exception of the interest rate swap, which is measured at fair value:</span></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.285%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.871%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> Fair Value Measurements at December 31, 2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Cash equivalents:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Money market fund deposits and term deposits</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218,984 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218,984 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Treasury and agency obligations</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,999 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,999 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,749 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,749 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate bonds</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,010 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,010 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Short-term investments:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Treasury and agency obligations</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,996 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,996 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Municipal bonds</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,997 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,997 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate bonds</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88,171 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88,171 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">368,665 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">368,665 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">932,571 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218,984 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">713,587 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities</span></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term notes</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,402 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,402 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contingent purchase consideration</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest rate swap</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total liabilities</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,968 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,005 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.285%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.871%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> Fair Value Measurements at December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Cash equivalents:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Money market fund deposits and term deposits</span></div></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,080 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,080 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,712 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,712 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Short-term investments:</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate bonds</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">259,422 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">259,422 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">236,752 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">236,752 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certificate of deposit</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,501 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,501 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Long-term investments and other assets:</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Auction rate securities</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest rate swap</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">713,072 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">421,003 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">291,477 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities</span></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term notes</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,004 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,004 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contingent purchase consideration</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total liabilities</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,277 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,004 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Short-term investments consist of liquid investments including U.S. government and government agency notes, corporate bonds, commercial paper and certificates of deposit with original maturities of greater than three months but less than one year and are recorded at amortized cost. There were no impairments for the investments considered held-to-maturity at December 31, 2020 and December 31, 2019.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents the effective maturity dates of debt investments, which are held-to-maturity:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:39.835%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.232%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Book Value</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Book Value</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment maturity</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less than 1 year</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">514,835 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">514,829 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">502,546 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">502,675 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:15pt;text-align:justify;text-indent:24pt"><span><br/></span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company entered into an interest rate swap that is designated as a cash flow hedge associated with a long-term note issued during the second quarter of 2016 that will terminate with the long-term note in May 2023. The fair value at December 31, 2020 for the interest rate swap considered pricing models whose inputs are observable for the securities held by the Company.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At December 31, 2020 and December 31, 2019, the Company's long-term notes consisted of a variable rate note and a fixed rate note, and are reported at amortized cost on the consolidated balance sheets. For disclosure purposes, the fair value of the long-term notes was estimated using a discounted cash flow model using observable market interest rates and are classified as a level 2. Based on the discounted cash flow model, the fair values of the long-term notes at December 31, 2020 and 2019 were $38,402 and $42,004, respectively, as compared to the book value of $37,967 and $41,708, respectively.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair value of contingent consideration was determined using an income approach at the respective business combination date and at the reporting date. That approach is based on significant inputs that are not observable in the market and include key assumptions such as assessing the probability of meeting certain milestones required to earn the contingent consideration. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Auction rate securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, January 1</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,016 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Redemptions</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(596)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(264)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(207)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in fair value</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contingent purchase consideration</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">902 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Period transactions</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(272)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(632)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in fair value</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(52)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December 31</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>The auction rate securities were called during the year ended December 31, 2020. The net gain previously included in accumulated other comprehensive income was released and included in net income, in the amount of $232. <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents fair value information related to the Company's assets and liabilities measured at amortized cost on the consolidated balance sheets with the exception of the interest rate swap, which is measured at fair value:</span></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.285%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.871%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> Fair Value Measurements at December 31, 2020</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Cash equivalents:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Money market fund deposits and term deposits</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218,984 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218,984 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Treasury and agency obligations</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,999 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,999 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,749 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162,749 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate bonds</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,010 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,010 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Short-term investments:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S. Treasury and agency obligations</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,996 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,996 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Municipal bonds</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,997 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,997 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate bonds</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88,171 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">88,171 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">368,665 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">368,665 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">932,571 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">218,984 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">713,587 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities</span></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term notes</span></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,402 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,402 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contingent purchase consideration</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest rate swap</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total liabilities</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,968 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,005 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span><br/></span></div><div style="margin-bottom:6pt;margin-top:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.285%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.864%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.871%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%"> Fair Value Measurements at December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 1</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 2</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Level 3</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Assets</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Cash equivalents:</span></div></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Money market fund deposits and term deposits</span></div></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,080 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">155,080 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,712 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,712 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Short-term investments:</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Corporate bonds</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">259,422 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">259,422 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Commercial paper</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">236,752 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">236,752 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Certificate of deposit</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,501 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,501 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Long-term investments and other assets:</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Auction rate securities</span></div></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest rate swap</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total assets</span></div></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">713,072 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">421,003 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">291,477 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Liabilities</span></td><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term notes</span></div></td><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,004 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,004 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contingent purchase consideration</span></div></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total liabilities</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,277 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">42,004 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 218984000 218984000 0 0 6999000 0 6999000 0 162749000 0 162749000 0 29010000 0 29010000 0 49996000 0 49996000 0 7997000 0 7997000 0 88171000 0 88171000 0 368665000 0 368665000 0 932571000 218984000 713587000 0 38402000 0 38402000 0 1963000 0 0 1963000 603000 0 603000 0 40968000 0 39005000 1963000 155080000 155080000 0 0 54712000 0 54712000 0 259422000 259422000 0 0 236752000 0 236752000 0 6501000 6501000 0 0 592000 0 0 592000 13000 0 13000 0 713072000 421003000 291477000 592000 42004000 0 42004000 0 273000 0 0 273000 42277000 0 42004000 273000 0 0 <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents the effective maturity dates of debt investments, which are held-to-maturity:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:39.835%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.232%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Book Value</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Book Value</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fair Value</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Investment maturity</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 19pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less than 1 year</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">514,835 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">514,829 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">502,546 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">502,675 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> 514835000 514829000 502546000 502675000 38402000 42004000 37967000 41708000 <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Auction rate securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, January 1</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,016 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Redemptions</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(596)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(264)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(207)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in fair value</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contingent purchase consideration</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">902 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Period transactions</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(272)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(632)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in fair value</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(52)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December 31</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> <div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:</span></div><div style="margin-bottom:6pt;margin-top:15pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Auction rate securities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, January 1</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,016 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Redemptions</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(596)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(264)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(207)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in fair value</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">592 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">847 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Contingent purchase consideration</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">902 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Period transactions</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(272)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(632)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in fair value</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(29)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(52)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance, December 31</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,963 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">273 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">898 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 592000 847000 1016000 -596000 -264000 -207000 4000 9000 38000 0 592000 847000 273000 898000 902000 1963000 0 0 272000 632000 0 0 -29000 48000 -1000 36000 -52000 1963000 273000 898000 232000 INVENTORIES<div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Inventories consist of the following:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Components and raw materials</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">190,775 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200,390 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Work-in-process</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47,251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,620 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Finished goods</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">126,967 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,780 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></div></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">364,993 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">380,790 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company recorded inventory provisions totaling $45,375, $38,902 and $12,981 for the years ended December 31, 2020, 2019 and 2018, respectively. These provisions relate to the recoverability of the value of inventories due to technological changes and excess quantities. These provisions are reported as a reduction to components and raw materials and finished goods.</span></div> <div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Inventories consist of the following:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Components and raw materials</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">190,775 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200,390 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Work-in-process</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47,251 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,620 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Finished goods</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">126,967 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,780 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></div></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">364,993 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">380,790 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 190775000 200390000 47251000 49620000 126967000 130780000 364993000 380790000 45375000 38902000 12981000 BUSINESS COMBINATIONS<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the fourth quarter of 2020, the Company acquired Pi-Tecnologia S.A. ("PiTec"), which is located in Brazil, to support development in advanced photonics. The acquisition price was $2,717, of which $906 was paid at closing and the remainder of which may be earned over three years based on reaching certain financial targets. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $3,211. The goodwill arising from this acquisition will not be deductible for tax purposes. The purchase price allocations related to the PiTec acquisition included in the Company's consolidated financial statements are not complete. They represent the preliminary fair value estimates as of December 31, 2020 and are subject to subsequent adjustment as the Company obtains additional information during the measurement period and finalizes its fair value estimates. Any subsequent adjustments to these fair value estimates occurring during the measurement period will result in changes to the amounts and allocations recorded. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the first quarter of 2019, the Company acquired the submarine networks division (SND) of Padtec SA, a communications equipment company based in Brazil. SND is a provider of submarine networking technology and systems. The Company paid $19,560 to acquire SND, which represents the fair value on that date. Of the purchase price, $2,322 at December 31, 2020 ($2,914 at December 31, 2019) was held back in a restricted bank account for potential post-closing adjustments related to indemnities provided by the seller. The restricted cash balance is recorded in the consolidated balance sheets as presented in Note 1. The liability related to the amount due to the seller if the indemnities are satisfied is included within accrued expenses and other current liabilities as of December 31, 2020 on the consolidated balance sheets. Any excess of the purchase price was allocated to goodwill. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the fourth quarter of 2018, the Company acquired 100% of the membership units of Genesis System Group, LLC (“Genesis Systems”). Genesis Systems is based in Davenport, Iowa, and has production facilities in the United States, Mexico, and Japan. Genesis Systems develops innovative robotic system solutions for applications that include welding, non-destructive inspection, machine vision, materials handling, removal and dispensing. The Company paid $107,987 to acquire Genesis Systems, which represents the fair value on that date. The purchase price includes $448, which was paid for the working capital adjustment finalized in the first quarter of 2019. As a result of the acquisition, the Company recorded intangible assets of $32,350 related to customer relationships with a weighted-average estimated useful life of 11 years and $11,350 related to technology, trademark and tradename with a weighted-average estimated useful life of 6 years. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $45,684, most of which will be deductible for tax purposes. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the second quarter of 2018, the Company acquired 100% of the shares of robot concept GmbH (“RC”). RC is located near Munich, Germany, designs and manufactures customized laser systems. The purchase price was $4,453, which represents the fair value on that date. As a result of the acquisition, the Company recorded intangible assets of $111 related to customer relationships with a weighted-average estimated useful life of 1 year and $594 related to technology, trademark and tradename with a weighted-average estimated useful life of 10 years. Any excess of the acquisition consideration over the fair value of assets acquired and liabilities assumed is allocated to goodwill, which amounted to $4,072. The goodwill arising from this acquisition will not be deductible for tax purposes. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:22pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The fair values of net tangible assets and intangible assets acquired were based upon the Company's estimates and assumptions at the acquisition dates. The following table summarizes the allocation of the assets acquired and liabilities assumed at the acquisition dates for the year ended December 31, 2018:</span></div><div style="margin-bottom:6pt;margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Genesis Systems</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">RC</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,847 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,877 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Assets acquired excluding cash and cash equivalents and deferred tax assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,262 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,151 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,413 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Liabilities assumed excluding deferred tax liabilities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23,506)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,932)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(25,438)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(573)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(573)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Intangible assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,700 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">705 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44,405 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total identifiable net assets</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,303 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,684 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,684 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,072 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,756 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total purchase price</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,987 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,453 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,440 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:5pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The operating results of Genesis Systems and RC are included in the consolidated results of operations from the date of acquisition. The impact of earnings from Genesis Systems and RC from January 1, 2018 to the date of acquisition were not material to the Company. If the Genesis Systems acquisition had occurred on January 1, 2018, the unaudited consolidated pro forma net sales would have been $1,551,373 for the year ended December 31, 2018.</span></div> 2717000 906000 P3Y 3211000 19560000 2322000 2914000 1 107987000 448000 32350000 P11Y 11350000 P6Y 45684000 1 4453000 111000 P1Y 594000 P10Y 4072000 The following table summarizes the allocation of the assets acquired and liabilities assumed at the acquisition dates for the year ended December 31, 2018:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Genesis Systems</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">RC</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash and cash equivalents </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,847 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">30 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,877 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Assets acquired excluding cash and cash equivalents and deferred tax assets</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,262 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,151 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,413 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Liabilities assumed excluding deferred tax liabilities</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23,506)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,932)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(25,438)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred tax liabilities, net</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(573)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(573)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Intangible assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,700 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">705 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44,405 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total identifiable net assets</span></div></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,303 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">381 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,684 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,684 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,072 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,756 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><div style="text-indent:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total purchase price</span></div></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">107,987 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,453 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,440 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 2847000 30000 2877000 39262000 2151000 41413000 23506000 1932000 25438000 0 573000 573000 43700000 705000 44405000 62303000 381000 62684000 45684000 4072000 49756000 107987000 4453000 112440000 1551373000 RESTRUCTURING<div style="margin-top:5pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the second half of 2019, the Company implemented restructuring programs globally, which were primarily focused on workforce reduction, facility consolidation and ceasing investment in the submarine telecommunications industry. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity related to the restructuring accrual was as follows: </span></div><div style="margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Severance and Employee Benefit Costs</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Contract Cancellations</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1, 2019</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Charges</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,466 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">314 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,780 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,317)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(275)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,592)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2019</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">188 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Charges</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">417 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">506 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(560)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(128)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(688)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2020</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity related to the restructuring accrual was as follows: </span></div><div style="margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Severance and Employee Benefit Costs</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Contract Cancellations</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1, 2019</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Charges</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,466 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">314 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,780 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,317)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(275)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,592)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2019</span></td><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">188 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Charges</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">417 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">89 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">506 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cash payments</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(560)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(128)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(688)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31, 2020</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:top"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> 0 0 0 1466000 314000 1780000 1317000 275000 1592000 149000 39000 188000 417000 89000 506000 560000 128000 688000 6000 0 6000 0 0 0 GOODWILL AND INTANGIBLE ASSETS<div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table sets forth the changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82,092 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100,722 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjustments to goodwill during the measurement period</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">448 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill arising from business combinations</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,211 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,076 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Impairment losses</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(44,589)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(37,120)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment </span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">652 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,034)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,366 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82,092 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company tests its reporting units for goodwill impairment annually as of the first day of the fourth quarter, or more frequently if events or circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. For certain reporting units, the Company performed a quantitative assessment using the discounted cash flow method under the income approach to estimate the fair value. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the third quarter of 2020, the Company concluded that declines in revenue and order flow for the Genesis custom systems business caused by pandemic-related decreases in capital spending in the aerospace and transportation industries were a triggering event requiring a goodwill impairment evaluation. The Company performed a quantitative assessment using the discounted cash flow method under the income approach as well as the guideline public company analysis and guideline transaction analysis under the market approach to estimate the fair value of the custom systems business. As a result, the Company recognized a non-cash impairment loss of $44,589, which was equal to the carrying amount of goodwill prior to its impairment. The analysis considered internal forecasts of sales, profitability and capital expenditures, as well as valuation multiples of comparable public companies and valuation multiples of transactions of comparable companies. The Company performed the 2020 annual impairment test as of October 1, 2020, and no additional impairments were recorded as a result of this test. The carrying balance of goodwill at December 31, 2020 was net of accumulated impairments of $81,709.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As a result of the 2019 annual impairment test for the transceivers reporting unit, the Company recognized a non-cash impairment loss of $19,325, which was equal to the goodwill carrying amount prior to its impairment. The analysis considered lower than forecasted sales and profitability, as well as the impact of delays in new product launches. Additionally, in 2019 the Company decided that it would not make further investments required to obtain the necessary market share in the submarine telecommunications industry and commenced efforts to sell the submarine networks reporting unit. As a result that decision, the Company recognized a non-cash impairment loss of $17,795, which decreased the net assets to the estimated net realizable value as of December 31, 2019. The Company sold the submarine networks reporting unit in the third quarter of 2020. The carrying balance of goodwill at December 31, 2019 was net of accumulated impairments of $37,120.</span></div><div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Intangible assets, subject to amortization, consisted of the following:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.561%"><tr><td style="width:1.0%"/><td style="width:20.045%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.885%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.032%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.009%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accumulated Amortization</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted- Average Lives</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accumulated Amortization</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted- Average Lives</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer relationships</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,041 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(17,674)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,367 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,866 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11,993)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,873 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 years</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Technology, trademark and trade name</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20,949)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,569 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,297 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16,128)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,169 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Production know-how</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,325 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8,167)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,158 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,180 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,415)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,765 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Patents</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,036 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,016)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,020 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8 years</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,036 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,572)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8 years</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,920 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(53,806)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,114 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">116,379 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(42,108)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74,271 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Amortization expense for the years ended December 31, 2020, 2019 and 2018 was $11,974, $12,945 and $8,170, respectively.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The estimated future amortization expense for intangibles as of December 31, 2020 is as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.707%"><tr><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.692%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Thereafter</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,591 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,761 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,861 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,522 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,311 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,068 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,114 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> <div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table sets forth the changes in the carrying amount of goodwill for the years ended December 31, 2020 and 2019:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82,092 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">100,722 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Adjustments to goodwill during the measurement period</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">448 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill arising from business combinations</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,211 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,076 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Impairment losses</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(44,589)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(37,120)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustment </span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">652 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,034)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,366 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">82,092 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 82092000 100722000 0 448000 3211000 19076000 44589000 37120000 652000 -1034000 41366000 82092000 44589000 81709000 19325000 17795000 37120000 <div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Intangible assets, subject to amortization, consisted of the following:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.561%"><tr><td style="width:1.0%"/><td style="width:20.045%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.885%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:9.032%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.004%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.387%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:8.009%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="21" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31, 2019</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accumulated Amortization</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted- Average Lives</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Gross Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Accumulated Amortization</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Net Carrying Amount</span></div></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted- Average Lives</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Customer relationships</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,041 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(17,674)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,367 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,866 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11,993)</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,873 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11 years</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Technology, trademark and trade name</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,518 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(20,949)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,569 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,297 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16,128)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,169 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Production know-how</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,325 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8,167)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,158 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,180 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,415)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,765 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7 years</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Patents</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,036 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,016)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,020 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8 years</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,036 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,572)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,464 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8 years</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></div></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115,920 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(53,806)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,114 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">116,379 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(42,108)</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74,271 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr></table></div> 58041000 17674000 40367000 P11Y 57866000 11993000 45873000 P11Y 40518000 20949000 19569000 P7Y 41297000 16128000 25169000 P7Y 9325000 8167000 1158000 P7Y 9180000 7415000 1765000 P7Y 8036000 7016000 1020000 P8Y 8036000 6572000 1464000 P8Y 115920000 53806000 62114000 116379000 42108000 74271000 11974000 12945000 8170000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The estimated future amortization expense for intangibles as of December 31, 2020 is as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:99.707%"><tr><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.682%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.386%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.692%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2021</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2023</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2024</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2025</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Thereafter</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Total</span></td></tr><tr><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,591 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,761 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,861 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,522 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,311 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,068 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,114 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 11591000 10761000 9861000 7522000 6311000 16068000 62114000 PROPERTY, PLANT AND EQUIPMENT<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property, plant and equipment consist of the following:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Land</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,454 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,676 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Buildings</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">412,725 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">400,617 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Machinery and equipment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">473,420 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">449,783 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office furniture and fixtures</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77,196 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,001 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Construction-in-progress</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,341 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44,201 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total property, plant and equipment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,085,136 </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,010,278 </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(487,609)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(409,426)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total property, plant and equipment — net</span></td><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">597,527 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600,852 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company recorded depreciation expense of $78,414, $78,959 and $68,231 for the years ended December 31, 2020, 2019 and 2018, respectively.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Long-lived assets include property, plant and equipment, related deposits on such assets and demonstration equipment. The geographic locations of the Company's long-lived assets, net, based on physical location of the assets, as of December 31, 2020 and 2019 are as follows: </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">United States</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">362,395 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">366,059 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Germany</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86,980 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86,881 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Russia</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66,924 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84,471 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Belarus</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,304 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,361 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">China</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,175 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,933 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,170 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,255 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">611,948 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">617,960 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Property, plant and equipment consist of the following:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Land</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,454 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,676 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Buildings</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">412,725 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">400,617 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Machinery and equipment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">473,420 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">449,783 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Office furniture and fixtures</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">77,196 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,001 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Construction-in-progress</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70,341 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44,201 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total property, plant and equipment</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,085,136 </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,010,278 </span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accumulated depreciation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(487,609)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(409,426)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total property, plant and equipment — net</span></td><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">597,527 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">600,852 </span></td><td style="border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 51454000 45676000 412725000 400617000 473420000 449783000 77196000 70001000 70341000 44201000 1085136000 1010278000 487609000 409426000 597527000 600852000 78414000 78959000 68231000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Long-lived assets include property, plant and equipment, related deposits on such assets and demonstration equipment. The geographic locations of the Company's long-lived assets, net, based on physical location of the assets, as of December 31, 2020 and 2019 are as follows: </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">United States</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">362,395 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">366,059 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Germany</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86,980 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">86,881 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Russia</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">66,924 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">84,471 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Belarus</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,304 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,361 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">China</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,175 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,933 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,170 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,255 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">611,948 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">617,960 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 362395000 366059000 86980000 86881000 66924000 84471000 38304000 28361000 8175000 8933000 49170000 43255000 611948000 617960000 ACCRUED EXPENSES AND OTHER LIABILITIES<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accrued expenses and other liabilities consist of the following:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,246 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,531 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accrued compensation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,785 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,881 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current portion of accrued warranty</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,345 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,114 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term lease liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,778 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,300 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,586 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,956 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">176,740 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149,782 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accrued expenses and other liabilities consist of the following:</span></div><div style="margin-top:5pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Contract liabilities</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,246 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,531 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Accrued compensation</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">62,785 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,881 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current portion of accrued warranty</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,345 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,114 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term lease liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,778 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,300 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,586 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,956 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">176,740 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149,782 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 71246000 59531000 62785000 48881000 24345000 23114000 5778000 5300000 12586000 12956000 176740000 149782000 PRODUCT WARRANTIES<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity related to the warranty accrual was as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.163%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,866 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,422 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47,517 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for warranty accrual</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,555 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,613 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,948 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Warranty claims</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(30,002)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24,826)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18,922)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation and other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,250 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(343)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,121)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,669 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,866 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,422 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Accrued warranty reported in the accompanying consolidated financial statements as of December 31, 2020 and December 31, 2019 consists of $24,345 and $23,114 in accrued expenses and other liabilities and $21,324 and $25,752 in other long-term liabilities, respectively.</span></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Activity related to the warranty accrual was as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.163%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,866 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,422 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">47,517 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for warranty accrual</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,555 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">22,613 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,948 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Warranty claims</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(30,002)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24,826)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18,922)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign currency translation and other</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,250 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(343)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,121)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,669 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">48,866 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">51,422 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:middle"/></tr></table></div> 48866000 51422000 47517000 24555000 22613000 24948000 30002000 24826000 18922000 -2250000 343000 2121000 45669000 48866000 51422000 24345000 23114000 21324000 25752000 FINANCING ARRANGEMENTS<div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's borrowings under existing financing arrangements consist of the following:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.660%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.937%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total notes payable</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,967 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,708 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: current portion</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,810)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,740)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total long-term debt</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,157 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,968 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Term Debt:</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Long-Term Notes</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — At December 31, 2020, the outstanding principal balance on the long-term notes was $37,967 of which $3,810 is the current portion. The Company has an unsecured long-term note of $18,406 of which $1,187 is the current portion. The interest on this unsecured long-term note is variable at 1.20% above LIBOR and is fixed using an interest rate swap at 2.85% per annum. The unsecured long-term note matures in May 2023, at which time the outstanding principal balance will be $15,438. The Company has another note that is secured by the corporate aircraft with an outstanding principal balance of $19,561 of which $2,623 is the current portion. The interest on this collateralized long-term note is fixed at 2.74% per annum. The collateralized long-term note matures in July 2022, at which time the outstanding principal balance will be $15,375.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The future principal payments for the Company’s notes as of December 31, 2020 are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:84.864%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.936%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,810 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,126 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,031 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,967 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revolving Line of Credit Facilities:</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">U.S. Line of Credit</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company maintains an unsecured revolving line of credit with a principal amount of $75,000, expiring in April 2025. The line of credit bears interest at a variable rate of LIBOR plus 0.80% to 1.20% depending on the Company's financial performance. Part of this credit facility is available to the Company's foreign subsidiaries including those in India, China, Japan and Brazil based on management discretion. At December 31, 2020, there were no outstanding drawings, however, there were $3,300 of guarantees issued against the line which reduced the total availability. At December 31, 2020, the remaining availability under this line was $71,700.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company is required to meet certain financial covenants associated with its U.S. revolving line of credit and long-term debt facility. These covenants, tested quarterly, include an interest coverage ratio and a funded debt to earnings before interest, taxes, depreciation and amortization ("EBITDA") ratio. The interest coverage covenant requires that the Company maintains a trailing twelve-month ratio of EBITDA to interest on all obligations that is at least 3.0:1.0. The funded debt to EBITDA covenant requires that the sum of all indebtedness for borrowed money on a consolidated basis be less than three </span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">times its trailing twelve months EBITDA. Funded debt is decreased by its cash and available marketable securities not classified as long-term investments in the U.S. in excess of $50,000 up to a maximum of $500,000. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Euro Line of Credit —</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The Company maintains an unsecured revolving line of credit with a principal amount of €50,000 ($61,319 at December 31, 2020), expiring in July 2023. The line of credit bears interest at various rates based upon the type of loan. This credit facility is available to the Company's foreign subsidiaries including those in Germany, Russia, China and Italy based on management discretion. At December 31, 2020, there were no drawings, however, there were $3,424 of guarantees issued against the line which reduced the total availability. At December 31, 2020, the remaining availability under this line was $57,895.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Other European Facilities</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company maintains two Euro credit lines in Italy with aggregate available principal of €2,000 ($2,453 as of December 31, 2020), with no expiration date, which bear interest at market rates that reset at the beginning of each quarter. At December 31, 2020, there were no outstanding drawings and the aggregate remaining availability under these lines was $2,453. These facilities are collateralized by a common pool of the assets of the Company's Italian subsidiary.</span></div> <div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's borrowings under existing financing arrangements consist of the following:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.660%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.530%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.937%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total notes payable</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,967 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">41,708 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: current portion</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,810)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,740)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total long-term debt</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,157 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,968 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 37967000 41708000 3810000 3740000 34157000 37968000 37967000 3810000 18406000 1187000 0.0120 0.0285 15438000 19561000 2623000 0.0274 15375000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The future principal payments for the Company’s notes as of December 31, 2020 are as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:84.864%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.936%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,810 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,126 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">16,031 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37,967 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 3810000 18126000 16031000 37967000 75000000 0.0080 0.0120 0 3300000 71700000 3.0 3 50000000 500000000 50000000 61319000 0 3424000 57895000 2 2000000 2453000 0 2453000 DERIVATIVE INSTRUMENTS<div style="margin-top:9pt;padding-left:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's only outstanding derivative financial instrument is an interest rate swap that is classified as a cash flow hedge of its variable rate debt. The fair value amounts in the consolidated balance sheets were:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.935%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.936%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Notional amounts </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,406 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,594 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair values:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income taxes and other long-term liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Notional amounts represent the gross contract/notional amount of the derivative outstanding.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The derivative gains and losses in the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018, related to the Company's current and previous interest rate swap contracts were as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effective portion recognized in other comprehensive income (loss), pretax:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest rate swap</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(616)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> The fair value amounts in the consolidated balance sheets were:<div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:70.245%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.935%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:12.936%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Notional amounts </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:100%;position:relative;top:-3.5pt;vertical-align:baseline">(1)</span></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,406 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19,594 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Fair values:</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other assets</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred income taxes and other long-term liabilities</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">603 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">(1) </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Notional amounts represent the gross contract/notional amount of the derivative outstanding.</span></div> 18406000 19594000 0 13000 603000 0 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The derivative gains and losses in the consolidated financial statements for the years ended December 31, 2020, 2019 and 2018, related to the Company's current and previous interest rate swap contracts were as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effective portion recognized in other comprehensive income (loss), pretax:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Interest rate swap</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(616)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> -616000 -18000 15000 LEASES<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company leases certain warehouses, office spaces, land, vehicles and equipment under operating lease agreements. The remaining terms of these leases range from less than 1 year to 44 years. The operating lease expense for the years ended December 31, 2020, 2019 and 2018, totaled $7,797, $8,800 and $6,175, respectively. The cash paid for amounts included in the measurement of lease liabilities included in the operating cash flows from operating leases was $6,634 and $6,802 for the years ended December 31, 2020 and 2019, respectively. The Company does not have any finance lease arrangements.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's operating lease assets and lease liabilities consist of the following as of December 31, 2020 and 2019:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:23.607%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:43.490%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Account</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Classification</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Right-of-use assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzItMi0xLTEtMzU2Ng_854d699c-29cd-46e5-ad81-b1a84cfd34a5"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzItMi0xLTEtMzU2Ng_a8bee99d-751c-4ec7-b245-6488d74aa8ea">Other assets</span></span></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,720 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,028 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term lease liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzMtMi0xLTEtMzU2OQ_a95f276a-8016-4f7e-9b85-42b9847e02e3"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzMtMi0xLTEtMzU2OQ_eab2ec52-fc07-4148-bdc0-579e1f104d45">Accrued expenses and other liabilities</span></span></span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,778 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,300 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term lease liabilities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzQtMi0xLTEtMzU3MQ_54147bea-05ad-4202-a2e4-4ec5b4f4deb0"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzQtMi0xLTEtMzU3MQ_dfb8ee5f-02e8-4968-8ee3-2d52c2c9e5aa">Deferred income taxes and other long-term liabilities</span></span></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,448 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,410 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total lease liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,226 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,710 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below presents the maturities of operating lease liabilities as of December 31, 2020:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:84.426%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.374%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,452 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,854 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,573 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,251 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,076 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,311 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total future minimum lease payments</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,517 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: imputed interest</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,291)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Present value of lease liabilities</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,226 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other information relevant to the Company's operating leases consist of the following as of December 31, 2020 and 2019:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average remaining lease term</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 years</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average discount rate</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.46 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.58 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr></table></div> P1Y P44Y 7797000 8800000 6175000 6634000 6802000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's operating lease assets and lease liabilities consist of the following as of December 31, 2020 and 2019:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:23.607%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:43.490%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Account</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Classification</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Right-of-use assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzItMi0xLTEtMzU2Ng_854d699c-29cd-46e5-ad81-b1a84cfd34a5"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzItMi0xLTEtMzU2Ng_a8bee99d-751c-4ec7-b245-6488d74aa8ea">Other assets</span></span></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,720 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,028 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Short-term lease liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzMtMi0xLTEtMzU2OQ_a95f276a-8016-4f7e-9b85-42b9847e02e3"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzMtMi0xLTEtMzU2OQ_eab2ec52-fc07-4148-bdc0-579e1f104d45">Accrued expenses and other liabilities</span></span></span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,778 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,300 </span></td><td style="background-color:#ffffff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Long-term lease liabilities</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzQtMi0xLTEtMzU3MQ_54147bea-05ad-4202-a2e4-4ec5b4f4deb0"><span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTEvZnJhZzphNTIzMjliYWU3Mjg0MWU3YmQ0NTk4NzNlMGI5MjFkMC90YWJsZTpkZTdjNWQ3N2FkNTY0MTAxODM5M2E3ZmMxNDI2MzVmZS90YWJsZXJhbmdlOmRlN2M1ZDc3YWQ1NjQxMDE4MzkzYTdmYzE0MjYzNWZlXzQtMi0xLTEtMzU3MQ_dfb8ee5f-02e8-4968-8ee3-2d52c2c9e5aa">Deferred income taxes and other long-term liabilities</span></span></span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,448 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">20,410 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total lease liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,226 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">25,710 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 21720000 23028000 5778000 5300000 18448000 20410000 24226000 25710000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The table below presents the maturities of operating lease liabilities as of December 31, 2020:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:84.426%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.374%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2021</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,452 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2022</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,854 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2023</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,573 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2024</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,251 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2025</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,076 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Thereafter</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,311 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total future minimum lease payments</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,517 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Less: imputed interest</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,291)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Present value of lease liabilities</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,226 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Other information relevant to the Company's operating leases consist of the following as of December 31, 2020 and 2019:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:69.367%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average remaining lease term</span></td><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9 years</span></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average discount rate</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.46 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.58 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">%</span></td></tr></table></div> 6452000 4854000 3573000 2251000 2076000 8311000 27517000 3291000 24226000 P9Y P9Y 0.0346 0.0358 COMMITMENTS AND CONTINGENCIES<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Employment Agreements</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company has entered into employment agreements with certain members of senior management. The terms of these agreements are up to three years and include non-competition, non-solicitation and nondisclosure provisions, as well as provisions for defined severance for terminations of employment under certain conditions and a change of control of the Company. The Company also maintains a severance plan for certain of its senior management providing for defined severance for terminations of employment under certain conditions and a change of control of the Company.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Contractual Obligations</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — The Company has entered into various purchase obligations that include agreements for construction of buildings, raw materials and equipment. Obligations under these agreements were $51,730 and $53,922 as of December 31, 2020 and 2019, respectively. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Legal proceedings</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — From time to time, the Company may be involved in disputes and legal proceedings in the ordinary course of its business. These proceedings may include allegations of infringement of intellectual property, commercial disputes and employment matters. As of December 31, 2020 and through the date of the Company's subsequent review period of February 22, 2021, the Company has no legal proceedings ongoing that management estimates could have a material effect on the Company's Consolidated Financial Statements.</span></div> P3Y 51730000 53922000 0 STOCK-BASED COMPENSATION<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation is included in the following financial statement captions:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cost of sales</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,392 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,249 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,535 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales and marketing</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,395 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,815 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,550 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Research and development</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,122 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,690 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,410 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and administrative</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,749 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,824 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,532 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total stock-based compensation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,658 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,578 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,027 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tax benefit recognized</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,498)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5,114)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,632)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net stock-based compensation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,160 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,464 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,395 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:15pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Incentive Plans</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> — In February 2006, the Company's board of directors adopted the 2006 Incentive Compensation Plan (the "2006 Plan"), which provides for the issuance of stock options, performance stock units ("PSUs"), restricted stock units ("RSUs"), other equity-based awards and cash awards to the Company's directors, employees, consultants and advisors. In June 2006, the Company's board of directors adopted the Non-Employee Directors Stock Plan (the "Directors Plan") for non-employee directors, which was subsequently merged into the 2006 Plan. A total of 10,363,465 shares are reserved under the 2006 Plan. At December 31, 2020, 2,851,428 shares of the Company's stock were available for future grant under the 2006 Plan. The Company may grant stock options only at an exercise price equal to or greater than the fair market value of its common stock on the date of grant. Equity awards generally vest over periods of <span style="-sec-ix-hidden:id3VybDovL2RvY3MudjEvZG9jOmQxZDMwZDAwYjE0MjQxY2Y5MjI3YjZmYTk5OGNhZTZjL3NlYzpkMWQzMGQwMGIxNDI0MWNmOTIyN2I2ZmE5OThjYWU2Y18xNTcvZnJhZzpiM2E1NWI1NTlmNGI0MjEyYmZkNzdkZWZkMDU2YWUzNi90ZXh0cmVnaW9uOmIzYTU1YjU1OWY0YjQyMTJiZmQ3N2RlZmQwNTZhZTM2XzEwMTI_f630747f-4c55-459e-aa1d-8832ba097bc1">one</span> to four years and generally expire ten years after the date of the grant. The vesting of awards under the 2006 Plan accelerate following the occurrence of certain change of control events, if the participant's employment is terminated within two years without cause or if the successor entity does not agree to assume existing awards or replace with equivalent value awards. Awards granted to non-employee directors automatically become exercisable upon a change of control. All shares issued under the 2006 Plan and Directors Plan are registered shares, newly issued by the Company.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company granted certain PSUs to executive officers and other senior managers. PSUs are based on relative total stockholder return ("TSR") and, starting in 2020, operating cash flow metrics ("OCF"). PSU agreements provide for the award of PSUs with each unit representing the right to receive one share of the Company's common stock to be issued after the applicable award vesting period. The final number of units awarded, if any, for these performance grants will be determined as of the vesting dates, based upon (i) in the case of TSR PSUs granted in 2020, the Company's total shareholder return over the performance period compared to the S&amp;P 1500 Composite / Electronic Equipment Instruments &amp; Components Index, and (ii) in the case of OCF PSUs, the ratios of the Company's operating cash flow to adjusted net income during three years in the performance period. The final number of units awarded under each of the TSR PSUs and OCF PSUs could range from between 0% and 200% of the amount of the target award. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the year ended December 31, 2020, the Company did not grant stock options to employees, replacing them with a grant of RSUs. The assumptions used in the Black-Scholes model for the calculation of the options were as follows for the years ended December 31:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Expected term</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3 - 5.1 years</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.1 - 4.9 years</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Volatility</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37% - 38%</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31% - 36%</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk-free rate of return</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.66% - 2.55%</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.54% - 3.01%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividend yield</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeiture rate</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td></tr></table></div><div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the option activity for the years ended December 31:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:38.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.379%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Options</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Exercise Price</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,797,493 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73.95 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">257,111 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">232.26 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(282,720)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58.94 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24,810)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">131.36 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,747,074 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.93 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.80</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,084 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">334,740 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">153.78 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(192,533)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56.58 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(46,839)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149.64 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,842,442 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112.03 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.73</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85,110 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(533,716)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70.17 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(36,103)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">179.85 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,272,623 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127.74 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.47</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,550 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unvested — December 31, 2020</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">382,729 </span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171.98 </span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.57</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,386 </span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercisable — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">889,894 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108.71 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.57</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104,164 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The intrinsic value of the options exercised during the years ended December 31, 2020, 2019 and 2018, was $52,868, $17,891 and $51,266, respectively. There were no options granted for the year ended December 31, 2020. The total compensation cost related to non-vested option awards not yet recorded at December 31, 2020 was $13,522 which is expected to be recognized over a weighted-average of 1.9 years. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the RSUs activity for the years ended December 31:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:38.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.379%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Shares</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Grant-Date Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">378,261 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96.23 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80,254 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">227.45 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(97,997)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91.62 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9,497)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121.37 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">351,021 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">126.93 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.62</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,767 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120,090 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">151.94 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(147,606)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120.58 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16,667)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139.73 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">306,838 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139.09 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.57</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44,467 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">198,606 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145.10 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(168,733)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115.77 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16,025)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157.36 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">320,686 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">154.29 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.33</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,766 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The intrinsic value of the RSUs that vested during the years ended December 31, 2020, 2019 and 2018, was $22,252, $22,638 and $22,978, respectively. The total compensation cost related to non-vested RSU awards not yet recorded at December 31, 2020 was $35,060 which is expected to be recognized over a weighted-average of 2.7 years. The aggregate fair value of awards vested during the year ended December 31, 2020 was $19,535.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The weighted-average fair value of TSR PSUs was determined using the Monte Carlo simulation model incorporating the following weighted-average assumptions: </span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.163%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Performance term</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Volatility</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19% - 44%</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18% - 40%</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13% - 32%</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk-free rate of return</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.39%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.48%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.41%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividend yield</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average fair value per share</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$169.28</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$192.46</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$284.78</span></td></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes TSR PSUs activity for the years ended December 31:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:39.250%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.233%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Shares</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Grant-Date Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75,949 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">119.45 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,706 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238.12 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109,655 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146.96 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.77</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,423 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,989 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">190.83 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(43,594)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">128.54 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,208)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">228.68 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,842 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162.34 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.84</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,469 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,411 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170.42 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(48,659)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">106.03 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,769)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">204.01 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67,825 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">206.21 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.28</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,179 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:15pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">TSR PSUs are included at 100% of target goal. The intrinsic value of the TSR PSUs vested during the year ended December 31, 2020 was $6,211. The total compensation cost related to nonvested awards not yet recorded at December 31, 2020 was $5,190 which is expected to be recognized over a weighted average of 1.8 years. The aggregate fair value of awards vested during the year ended December 31, 2020 was $5,159. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The weighted-average fair value of the OCF PSUs was determined using the Black-Scholes model incorporating the following assumptions: </span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:83.841%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.375%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Performance term</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Volatility</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk-free rate of return</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.39%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividend yield</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.10%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average fair value per share</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$143.51</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes OCF PSUs activity for the year ended December 31:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:38.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.379%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Shares</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Grant-Date Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,817 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.51 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(716)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.51 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,101 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.51 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.16</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,394 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div>OCF PSUs are included at 100% of target goal. The total compensation cost related to nonvested awards not yet recorded at December 31, 2020 was $2,495 which is expected to be recognized over a weighted average of 2.3 years. <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock-based compensation is included in the following financial statement captions:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:9pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cost of sales</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,392 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,249 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,535 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales and marketing</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,395 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,815 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,550 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Research and development</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,122 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,690 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">6,410 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and administrative</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,749 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,824 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,532 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total stock-based compensation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,658 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,578 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,027 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tax benefit recognized</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,498)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5,114)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,632)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net stock-based compensation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,160 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">28,464 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,395 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 10392000 9249000 6535000 4395000 3815000 2550000 9122000 7690000 6410000 11749000 12824000 12532000 35658000 33578000 28027000 7498000 5114000 6632000 28160000 28464000 21395000 10363465 2851428 P4Y P10Y P2Y 1 0 2 The assumptions used in the Black-Scholes model for the calculation of the options were as follows for the years ended December 31:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Expected term</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.3 - 5.1 years</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.1 - 4.9 years</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Volatility</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">37% - 38%</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">31% - 36%</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk-free rate of return</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.66% - 2.55%</span></div></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.54% - 3.01%</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividend yield</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.25%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeiture rate</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td></tr></table> P4Y3M18D P5Y1M6D P4Y1M6D P4Y10M24D 0.37 0.38 0.31 0.36 0.0166 0.0255 0.0254 0.0301 0.0025 0.0025 0 0 <div style="margin-top:9pt;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the option activity for the years ended December 31:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:38.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.379%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Options</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Exercise Price</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,797,493 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73.95 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">257,111 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">232.26 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(282,720)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58.94 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(24,810)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">131.36 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,747,074 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98.93 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.80</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,084 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">334,740 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">153.78 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(192,533)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">56.58 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(46,839)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">149.64 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,842,442 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112.03 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.73</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">85,110 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercised</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(533,716)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">70.17 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Forfeited</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(36,103)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">179.85 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,272,623 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">127.74 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5.47</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,550 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Unvested — December 31, 2020</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">382,729 </span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">171.98 </span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.57</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">21,386 </span></td><td style="background-color:#ffffff;border-top:3pt double #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exercisable — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">889,894 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">108.71 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4.57</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104,164 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 1797493 73.95 257111 232.26 282720 58.94 24810 131.36 1747074 98.93 P5Y9M18D 58084000 334740 153.78 192533 56.58 46839 149.64 1842442 112.03 P5Y8M23D 85110000 0 533716 70.17 36103 179.85 1272623 127.74 P5Y5M19D 125550000 382729 171.98 P7Y6M25D 21386000 889894 108.71 P4Y6M25D 104164000 52868000 17891000 51266000 13522000 P1Y10M24D <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes the RSUs activity for the years ended December 31:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:38.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.379%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Shares</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Grant-Date Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">378,261 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">96.23 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">80,254 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">227.45 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(97,997)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">91.62 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9,497)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">121.37 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">351,021 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">126.93 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.62</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">39,767 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120,090 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">151.94 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(147,606)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">120.58 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16,667)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139.73 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">306,838 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">139.09 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.57</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">44,467 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">198,606 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">145.10 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(168,733)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">115.77 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(16,025)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">157.36 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">320,686 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">154.29 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.33</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">71,766 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 378261 96.23 80254 227.45 97997 91.62 9497 121.37 351021 126.93 P2Y7M13D 39767000 120090 151.94 147606 120.58 16667 139.73 306838 139.09 P2Y6M25D 44467000 198606 145.10 168733 115.77 16025 157.36 320686 154.29 P1Y3M29D 71766000 22252000 22638000 22978000 35060000 P2Y8M12D 19535000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The weighted-average fair value of TSR PSUs was determined using the Monte Carlo simulation model incorporating the following weighted-average assumptions: </span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.163%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Performance term</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Volatility</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">19% - 44%</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18% - 40%</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">13% - 32%</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk-free rate of return</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.39%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.48%</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.41%</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividend yield</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average fair value per share</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$169.28</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$192.46</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$284.78</span></td></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The weighted-average fair value of the OCF PSUs was determined using the Black-Scholes model incorporating the following assumptions: </span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:83.841%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.375%"/><td style="width:0.1%"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Performance term</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.0 years</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Volatility</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">—%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Risk-free rate of return</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.39%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dividend yield</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.10%</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Weighted-average fair value per share</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$143.51</span></td><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> P3Y P3Y P3Y 0.19 0.44 0.18 0.40 0.13 0.32 0.0139 0.0248 0.0241 0 0 0 169.28 192.46 284.78 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes TSR PSUs activity for the years ended December 31:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:39.250%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.233%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Shares</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Grant-Date Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">75,949 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">119.45 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">33,706 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">238.12 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2018</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">109,655 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146.96 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.77</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,423 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">34,989 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">190.83 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(43,594)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">128.54 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,208)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">228.68 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2019</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99,842 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">162.34 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.84</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,469 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">18,411 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">170.42 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(48,659)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">106.03 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,769)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">204.01 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">67,825 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">206.21 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.28</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,179 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table summarizes OCF PSUs activity for the year ended December 31:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:38.666%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.379%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Number of Shares</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Grant-Date Fair Value</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Weighted-Average Remaining Contractual Life</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Aggregate Intrinsic Value</span></div></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In years)</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">(In thousands)</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — January 1, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Granted</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,817 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.51 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Vested</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Canceled</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(716)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.51 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Outstanding — December 31, 2020</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">24,101 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">143.51 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.16</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,394 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 75949 119.45 33706 238.12 0 0 109655 146.96 P1Y9M7D 12423000 34989 190.83 43594 128.54 1208 228.68 99842 162.34 P1Y10M2D 14469000 18411 170.42 48659 106.03 1769 204.01 67825 206.21 P1Y3M10D 15179000 1 6211000 5190000 P1Y9M18D 5159000 P3Y 0 0.0139 0.0010 143.51 0 24817 143.51 0 716 143.51 24101 143.51 P2Y1M28D 5394000 1 2495000 P2Y3M18D EMPLOYEE BENEFIT PLANSThe Company maintains a defined contribution retirement plan offered to all of its U.S. employees, as well as plans at certain foreign and domestic subsidiaries. The Company makes matching contributions to each plan, which amounted to approximately $6,253, $6,005 and $4,261, respectively for years ended December 31, 2020, 2019 and 2018.The Company has an employee stock purchase plan offered to its U.S. and German employees. The plan allows employees who participate to purchase shares of common stock through payroll deductions at a 15% discount to the lower of the stock price on the first day or the last day of the six-month purchase period. Payroll deductions may not exceed 10% of the employee's compensation and are subject to other limitations. Compensation expense related to the employee stock purchase plan was $2,033, $2,254 and $925 for the years ended December 31, 2020, 2019 and 2018, respectively. As of December 31, 2020, there were 294,544 shares available for issuance under the employee stock purchase plan. 6253000 6005000 4261000 0.15 P6M 0.10 2033000 2254000 925000 294544 INCOME TAXES<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before the impact of income taxes for the years ended December 31 consisted of the following:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,490 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,790 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,855 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200,202 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">188,586 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">387,540 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">205,692 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">248,376 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">534,395 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's provision for income taxes for the years ended December 31 consisted of the following:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.163%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,871 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,127 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,274 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">State</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">688 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,405 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,097 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,608 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74,072 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,431 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total current</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,167 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83,604 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134,802 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10,300)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,896)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,497 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">State</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,594)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,658)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,449 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(919)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8,935)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15,522)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total deferred</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,813)</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15,489)</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,576)</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for income taxes</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,354 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,115 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,226 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision for the years ended December 31, were as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tax at statutory rate</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,201 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52,159 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,223 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-U.S. rate differential — net</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,968 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,958 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,985 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">State income taxes — net</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">697 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,362 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,367 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock-based compensation - tax benefit</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9,664)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5,114)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13,298)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign derived intangible income benefit ("FDII")</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,763)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,930)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Global intangible low-taxed income taxed in the U.S. ("GILTI")</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,648 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,955 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill impairment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,009 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of 2017 U.S. Tax Cuts and Jobs Act</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,747)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Withholding tax on intercompany dividend</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,193 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,122 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of changes in enacted tax rates on deferred tax assets and liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(639)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,007 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal and state tax credits</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,762)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,173)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11,024)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Russia investment tax credit</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,228)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in reserves, including interest and penalties</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,878 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">779 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,290 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in valuation allowance</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,019 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,515 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,421 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other — net</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,075 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,748)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">977 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for income taxes</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,354 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,115 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,226 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, were as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Inventory provisions</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,657 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,611 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Allowances and accrued liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,719 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,502 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred compensation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,256 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,428 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other tax credits</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,571 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,001 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net operating loss carryforwards</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,594 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,748 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property, plant and equipment</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,401)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18,607)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Withholding tax on intercompany dividend</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,774)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,597)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Valuation allowance</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22,617)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14,384)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net deferred tax assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,005 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,702 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has recorded $2,774 and $3,597 as a deferred tax liability on December 31, 2020 and 2019, respectively, for certain withholding and dividend taxes related to possible future distributions from subsidiaries to their respective parent companies. The Company paid a dividend from its German subsidiary in 2020 of $166,055 and continues to plan for future dividends to the extent the entity’s cash exceeds its operational and investment needs. Since there is no federal or withholding tax on such distributions from Germany to the U.S., </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">the Company has accrued only a state tax on future dividends from Germany.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Also, t</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">he Company’s subsidiary in Russia paid a dividend of $50,000 to its parent company in Germany in 2019 and paid a 5% withholding tax on that dividend. </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition, the Company accrues taxes to the extent that foreign subsidiaries have cash in excess of their operational needs.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The withholding tax liabilities at both December 31, 2020 and 2019 are primarily related to dividends out of the Company’s Russian subsidiary.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">With regard to future repatriation of undistributed earnings of other non-U.S. subsidiaries, the Company continues to consider these earnings to be indefinitely reinvested to the extent the cash balance in each subsidiary is less than current needs for operations and expansion. At </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">December 31, 2020 and 2019</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, the cumulative undistributed earnings in non-U.S. subsidiaries were approximately </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">$1,051,893 and $1,078,879</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, respectively.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In determining the Company’s </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2020</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> and </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">2019</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> tax provisions, the Company calculated the deferred tax assets and liabilities for each separate tax entity. The Company then considered a number of factors including the positive and negative </span></div><div style="margin-top:9pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">evidence regarding the realization of deferred tax assets to determine whether a valuation allowance should be recognized with respect to the deferred tax assets. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of December 31, 2020 and 2019, the Company had state tax credit carryforwards (net of federal tax benefit) of $15,571 and $15,003, respectively. The state tax credit carryforwards begin expiring in 2021. The Company has determined that it is not more likely than not that some of the state credits will be used before the expiration date and has accrued a valuation allowance of $12,414 and $10,632 as of December 31, 2020 and 2019, respectively. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has tax loss carryforwards in foreign jurisdictions totaling $36,318 and $13,218 as of December 31, 2020 and 2019, respectively.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company does not believe it is more likely than not that any of the loss carryforwards can be used and has provided a valuation allowance against the tax benefit of the losses in foreign jurisdictions of $10,210 and $3,753 at December 31, 2020 and 2019, respectively. The Company's acquisition of Menara Networks, Inc. ("Menara") in 2016 included net operating loss carryforwards of $22,242. As of December 31, 2020 and 2019, the Company had $5,121 and $8,953 of these net operating loss carryforwards remaining, respectively. No valuation allowance has been provided for these carryforwards as the Company expects to be able to fully utilize them to offset future income.</span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. Reserves recorded are based on a determination of whether and how much of a tax benefit taken by the Company in the Company's tax filings or positions is "more likely than not" to be realized following resolution of any potential contingencies present related to the tax benefit, assuming that the matter in question will be raised by the tax authorities. The following is a tabular reconciliation of the total amounts of unrecognized tax benefits:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,416 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,206 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in prior period positions</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(427)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,776)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Settlement of prior period position</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(230)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additions for tax positions in current period</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(283)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">216 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,706 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,416 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the liability for uncertain tax benefits related to various federal, state and foreign income tax matters, would benefit the Company's effective tax rate, if recognized. </span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Estimated penalties and interest related to the underpayment of income taxes were $305, $543 and $631 for the years ended December 31, 2020, 2019 and 2018, respectively, and are included within the provision for income taxes. Total accrued penalties and interest related to the underpayment of income taxes were $1,977 and $1,672 at December 31, 2020 and 2019, respectively.</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's uncertain tax positions are related to tax years that remain subject to examination by the relevant taxing authorities. The Company is currently under a tax audit in the U.S. for the years 2017 to 2018. Open tax years by major jurisdictions are:</span></div><div style="margin-bottom:6pt;padding-left:144pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:28.654%"><tr><td style="width:1.0%"/><td style="width:47.879%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.840%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.881%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">United States</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 - 2020</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Germany</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 - 2020</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Russia</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016 - 2020</span></div></td></tr></table></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income before the impact of income taxes for the years ended December 31 consisted of the following:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">U.S.</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,490 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">59,790 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,855 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">200,202 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">188,586 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">387,540 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">205,692 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">248,376 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">534,395 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 5490000 59790000 146855000 200202000 188586000 387540000 205692000 248376000 534395000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company's provision for income taxes for the years ended December 31 consisted of the following:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.163%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.227%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.231%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Current:</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal</span></td><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,871 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,127 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,274 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">State</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">688 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,405 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,097 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,608 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">74,072 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">125,431 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total current</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,167 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">83,604 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">134,802 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred:</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(10,300)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,896)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,497 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">State</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,594)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,658)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,449 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(919)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(8,935)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15,522)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total deferred</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,813)</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(15,489)</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,576)</span></td><td style="border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for income taxes</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,354 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,115 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,226 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000000;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 3871000 7127000 7274000 688000 2405000 2097000 53608000 74072000 125431000 58167000 83604000 134802000 -10300000 -4896000 2497000 -1594000 -1658000 8449000 -919000 -8935000 -15522000 -12813000 -15489000 -4576000 45354000 68115000 130226000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision for the years ended December 31, were as follows:</span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:53.724%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.378%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Tax at statutory rate</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">43,201 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">52,159 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">112,223 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-U.S. rate differential — net</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,968 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,958 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">26,985 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">State income taxes — net</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">697 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,362 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,367 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Stock-based compensation - tax benefit</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(9,664)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(5,114)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(13,298)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign derived intangible income benefit ("FDII")</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,763)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,930)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Global intangible low-taxed income taxed in the U.S. ("GILTI")</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,648 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,955 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Goodwill impairment</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,009 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of 2017 U.S. Tax Cuts and Jobs Act</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,747)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Withholding tax on intercompany dividend</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,193 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,122 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Effect of changes in enacted tax rates on deferred tax assets and liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(23)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(639)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">8,007 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Federal and state tax credits</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(6,762)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(12,173)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(11,024)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Russia investment tax credit</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,228)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in reserves, including interest and penalties</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,878 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">779 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,290 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in valuation allowance</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,019 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,515 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,421 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other — net</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,075 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,748)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">977 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Provision for income taxes</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">45,354 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,115 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">130,226 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> 43201000 52159000 112223000 10968000 14958000 26985000 697000 2362000 3367000 -9664000 -5114000 -13298000 0 4763000 7930000 0 4648000 5955000 0 10009000 0 0 0 4747000 2193000 3122000 0 -23000 -639000 8007000 6762000 12173000 11024000 3228000 0 0 -3878000 -779000 -2290000 2019000 4515000 7421000 2075000 -1748000 977000 45354000 68115000 130226000 <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, were as follows:</span></div><div><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Inventory provisions</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,657 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">23,611 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Allowances and accrued liabilities</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">12,719 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">10,502 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Deferred compensation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3,256 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">9,428 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Other tax credits</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,571 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">15,001 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net operating loss carryforwards</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,594 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">5,748 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Property, plant and equipment</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(7,401)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(18,607)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Withholding tax on intercompany dividend</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(2,774)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(3,597)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Valuation allowance</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(22,617)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(14,384)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:middle"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net deferred tax assets</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,005 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">27,702 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 29657000 23611000 12719000 10502000 3256000 9428000 15571000 15001000 11594000 5748000 7401000 18607000 2774000 3597000 22617000 14384000 40005000 27702000 2774000 3597000 166055000 50000000 0.05 1051893000 1078879000 15571000 15003000 12414000 10632000 36318000 13218000 10210000 3753000 22242000 5121000 8953000 0 The following is a tabular reconciliation of the total amounts of unrecognized tax benefits:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:68.783%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.376%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at January 1</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,416 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,206 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Change in prior period positions</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(427)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(1,776)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Settlement of prior period position</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(230)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Additions for tax positions in current period</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">4,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2,000 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt 2px 7pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Foreign exchange adjustments</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(283)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">216 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Balance at December 31</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,706 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">11,416 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 11416000 11206000 427000 1776000 0 230000 4000000 2000000 283000 216000 14706000 11416000 305000 543000 631000 1977000 1672000 Open tax years by major jurisdictions are:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:28.654%"><tr><td style="width:1.0%"/><td style="width:47.879%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:1.840%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:47.881%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">United States</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 - 2020</span></div></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Germany</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2017 - 2020</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Russia</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2016 - 2020</span></div></td></tr></table> 2017 2020 2017 2020 2016 2020 NET INCOME ATTRIBUTABLE TO IPG PHOTONICS CORPORATION PER SHARE<div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table sets forth the computation of diluted net income attributable to IPG Photonics Corporation per share:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to IPG Photonics Corporation</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159,572 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180,234 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">404,027 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to common stockholders</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159,572 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180,234 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">404,027 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Basic weighted average shares</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,186 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,061 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,522 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dilutive effect of common stock equivalents</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">599 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">778 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,204 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted weighted average common shares</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,785 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,839 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,726 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Basic net income attributable to IPG Photonics Corporation per share</span></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.00 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.40 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.55 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Basic net income attributable to common stockholders</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.00 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.40 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.55 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted net income attributable to IPG Photonics Corporation per share</span></td><td style="border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.97 </span></td><td style="border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.35 </span></td><td style="border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.38 </span></td><td style="border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted net income attributable to common stockholders</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.97 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.35 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.38 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The computation of diluted weighted average common shares excludes certain common stock equivalents, including non-qualified stock options, PSUs, RSUs and the employee stock purchase plan because the effect of including them would be anti-dilutive. The weighted average anti-dilutive shares outstanding for the years ended December 31, 2020, 2019 and 2018, respectively, were as follows:</span></div><div style="margin-bottom:6pt;margin-top:9pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-qualified stock options</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">536,500 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">571,000 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">204,300 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted stock units</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,100 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,700 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60,500 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Performance stock units</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,900 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,900 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total weighed average anti-dilutive shares outstanding</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">565,600 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">670,600 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">279,700 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 5, 2020, the Company announced that its Board of Directors authorized the purchase of up to $200,000 of IPG common stock. This new authorization is separate from, and in addition to, the Company's $125,000 stock repurchase program authorized in February 2019. Under the two share purchase authorizations, IPG may repurchase shares of common stock (a) in an amount not to exceed the lesser of the number of shares issued to employees and directors under the Company's various employee and director equity compensation and employee stock purchase plans in 2019 and 2020 or $125,000 plus (b) $200,000, in both cases exclusive of any fees, commissions or other expenses. Share repurchases may be made periodically in open-market transactions using the Company's working capital and are subject to market conditions, legal requirements and other factors. The share purchase program authorization does not obligate the Company to repurchase any dollar amount or number of its shares, and repurchases may be commenced or suspended from time to time without prior notice. </span></div><div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For the years ended December 31, 2020, 2019 and 2018, respectively, the Company repurchased 301,660 shares, 301,262 shares, and 1,051,825 shares of its common stock with an average price of $125.58, $135.21 and $167.39 per share in the open market, respectively. As of December 31, 2020 the remaining amount authorized under the programs is up to $246,000, but may be less depending upon the equity compensation and employee stock purchase plan dilution during the programs. The impact on the reduction of weighted average shares for years ended December 31, 2020, 2019 and 2018 was 201,953 shares, 97,054 shares and 363,936 shares, respectively.</span></div> <div style="margin-top:9pt;text-align:justify;text-indent:24pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table sets forth the computation of diluted net income attributable to IPG Photonics Corporation per share:</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9pt;font-weight:400;line-height:120%"> </span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:400;line-height:100%"> </span></td><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to IPG Photonics Corporation</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159,572 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180,234 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">404,027 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to common stockholders</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">159,572 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180,234 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">404,027 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Basic weighted average shares</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,186 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,061 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,522 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt 2px 19pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Dilutive effect of common stock equivalents</span></td><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">599 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">778 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,204 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted weighted average common shares</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,785 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">53,839 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">54,726 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Basic net income attributable to IPG Photonics Corporation per share</span></td><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.00 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.40 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.55 </span></td><td style="border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Basic net income attributable to common stockholders</span></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.00 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.40 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.55 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted net income attributable to IPG Photonics Corporation per share</span></td><td style="border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.97 </span></td><td style="border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.35 </span></td><td style="border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td style="border-top:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="border-top:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.38 </span></td><td style="border-top:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Diluted net income attributable to common stockholders</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">2.97 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.35 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7.38 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table></div> 159572000 180234000 404027000 159572000 180234000 404027000 53186000 53061000 53522000 599000 778000 1204000 53785000 53839000 54726000 3.00 3.40 7.55 3.00 3.40 7.55 2.97 3.35 7.38 2.97 3.35 7.38 The weighted average anti-dilutive shares outstanding for the years ended December 31, 2020, 2019 and 2018, respectively, were as follows:<table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:54.309%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.373%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:13.377%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="15" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2020</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2019</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"/><td colspan="3" style="border-top:1pt solid #000000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">2018</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Non-qualified stock options</span></td><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">536,500 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">571,000 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">204,300 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Restricted stock units</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">29,100 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">58,700 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">60,500 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Performance stock units</span></td><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">40,900 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">14,900 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 13pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Total weighed average anti-dilutive shares outstanding</span></td><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">565,600 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">670,600 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#ffffff;padding:0 1pt"/><td colspan="2" style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">279,700 </span></td><td style="background-color:#ffffff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr></table> 536500 571000 204300 29100 58700 60500 0 40900 14900 565600 670600 279700 200000000 125000000 125000000 200000000 301660 301262 1051825 125.58 135.21 167.39 246000000 201953 97054 363936 RELATED-PARTY TRANSACTIONSThe Company's Chief Executive Officer ("CEO") leases the annual right to use 25% of the Company's corporate aircraft under a lease signed in July 2017. The lease expires July 2022. The annual lease rate is $925 and future rent payments are adjusted annually. The Company invoiced the CEO $937, $924 and $925 in 2020, 2019, and 2018, respectively, under the aircraft leases. There was $154 due to the Company at December 31, 2020, and there were no amounts due at December 31, 2019. The CEO directly pays an unrelated flight management firm for the operating costs of his private use including pilot fees, fuel and other costs. In 2020, 2019 and 2018, the Company purchased various equipment, parts and services from a company for which one of the Company's independent directors was chairman of its board of directors. The payments for 2020, 2019 and 2018 totaled $760, $51 and $947, respectively. There was $566 due to this company at December 31, 2020, and there were no amounts due at December 31, 2019. The Company sold various equipment and parts to a different company for which one of the Company's independent directors is also an independent director. The sales totaled $675 for 2020, and there were no sales for 2019 and 2018. There was $334 due to the Company at December 31, 2020, and there were no amounts due at December 31, 2019. 0.25 925000 937000 924000 925000 154000 0 760000 51000 947000 566000 0 675000 0 0 334000 0 SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)<div style="margin-bottom:6pt;margin-top:14pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:46.853%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.333%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">First Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Third Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fourth Quarter</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net sales</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249,242 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">296,411 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">318,441 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">336,630 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross profit</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,876 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">136,449 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">152,792 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,879 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to IPG Photonics Corporation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36,403 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,226 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,604 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,339 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share, basic</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.92 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share, diluted</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.68 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.71 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.66 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.92 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:14pt;text-align:justify;text-indent:23.98pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income attributable to IPG Photonics Corporation as well as the basic and diluted income per share in the third quarter of the year ended December 31, 2020 were impacted by goodwill impairment discussed in Note 7. </span></div><div><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:46.853%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.333%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">First Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Third Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fourth Quarter</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net sales</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">315,047 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">363,769 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">329,138 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">306,627 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross profit</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">148,911 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180,237 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">152,858 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124,203 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss) attributable to IPG Photonics Corporation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55,159 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">72,272 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,253 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,450)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss) per share, basic</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.04 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.36 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.08 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.08)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss) per share, diluted</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.02 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.34 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.07 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.08)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:14pt;text-align:justify;text-indent:23.98pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income attributable to IPG Photonics Corporation as well as the basic and diluted loss per share in the fourth quarter of the year ended December 31, 2019 were impacted by goodwill impairment, impairment of long-lived assets and other restructuring charges discussed in Notes 6 and 7.</span></div> <div style="margin-bottom:6pt;margin-top:14pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:46.853%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.333%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">2020</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">First Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Third Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fourth Quarter</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net sales</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">249,242 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">296,411 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">318,441 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">336,630 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross profit</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">102,876 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">136,449 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">152,792 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">146,879 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income attributable to IPG Photonics Corporation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">36,403 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">38,226 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">35,604 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">49,339 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share, basic</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.69 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.72 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.67 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.92 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income per share, diluted</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.68 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.71 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.66 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">0.92 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div><div style="margin-top:14pt;text-align:justify;text-indent:23.98pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Net income attributable to IPG Photonics Corporation as well as the basic and diluted income per share in the third quarter of the year ended December 31, 2020 were impacted by goodwill impairment discussed in Note 7. </span></div><div><span><br/></span></div><div style="margin-bottom:6pt"><table style="border-collapse:collapse;display:inline-table;vertical-align:top;width:100.000%"><tr><td style="width:1.0%"/><td style="width:46.853%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.326%"/><td style="width:0.1%"/><td style="width:0.1%"/><td style="width:0.384%"/><td style="width:0.1%"/><td style="width:1.0%"/><td style="width:11.333%"/><td style="width:0.1%"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%;text-decoration:underline">2019</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">First Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Second Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Third Quarter</span></div></td><td colspan="3" style="padding:0 1pt"/><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:8pt;font-weight:700;line-height:100%">Fourth Quarter</span></div></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net sales</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">315,047 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">363,769 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">329,138 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">306,627 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Gross profit</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">148,911 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">180,237 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">152,858 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">124,203 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss) attributable to IPG Photonics Corporation</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55,159 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">72,272 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,253 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(4,450)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss) per share, basic</span></td><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.04 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.36 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.08 </span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="padding:0 1pt"/><td colspan="2" style="padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.08)</span></td><td style="padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Net income (loss) per share, diluted</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.02 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.34 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1.07 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/><td colspan="3" style="background-color:#cceeff;padding:0 1pt"/><td colspan="2" style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(0.08)</span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"/></tr><tr><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/><td colspan="3" style="display:none"/></tr></table></div> 249242000 296411000 318441000 336630000 102876000 136449000 152792000 146879000 36403000 38226000 35604000 49339000 0.69 0.72 0.67 0.92 0.68 0.71 0.66 0.92 315047000 363769000 329138000 306627000 148911000 180237000 152858000 124203000 55159000 72272000 57253000 -4450000 1.04 1.36 1.08 -0.08 1.02 1.34 1.07 -0.08 XML 15 R1.htm IDEA: XBRL DOCUMENT v3.20.4
Cover Page - USD ($)
$ in Billions
 12 Months Ended
Dec. 31, 2020
Feb. 19, 2021
Jun. 30, 2020
Cover [Abstract]      
Document Type 10-K    
Document Annual Report true    
Document Period End Date Dec. 31, 2020    
Current Fiscal Year End Date --12-31    
Document Transition Report false    
Entity File Number 001-33155    
Entity Registrant Name IPG PHOTONICS CORP    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 04-3444218    
Entity Address, Address Line One 50 Old Webster Road    
Entity Address, City or Town Oxford    
Entity Address, State or Province MA    
Entity Address, Postal Zip Code 01540    
City Area Code 508    
Local Phone Number 373-1100    
Title of 12(b) Security Common Stock, Par Value $0.0001 per share    
Trading Symbol IPGP    
Security Exchange Name NASDAQ    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Large Accelerated Filer    
Entity Small Business false    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Entity Shell Company false    
Entity Public Float     $ 5.7
Entity Common Stock, Shares Outstanding   53,533,592  
Documents Incorporated by Reference Portions of the registrant's Proxy Statement for its 2021 Annual Meeting of Stockholders to be filed pursuant to Regulation 14A within 120 days of the end of the registrant's fiscal year ended December 31, 2020 are incorporated by reference into Part III of this Annual Report on Form 10-K to the extent stated herein.    
Amendment Flag false    
Document Fiscal Period Focus FY    
Document Fiscal Year Focus 2020    
Entity Central Index Key 0001111928