XML 118 R94.htm IDEA: XBRL DOCUMENT v3.19.1
Restatement of Previously Issued Consolidated Financial Statements - Impact on Consolidated Balance Sheet (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Current assets:        
Cash and cash equivalents $ 110,606 $ 178,820 $ 92,920 $ 95,482
Accounts receivable, net 324,004 174,933    
Inventories 736,668 516,807    
Prepaid income taxes 675 4,341    
Prepaid expenses and other current assets 89,213 79,427    
Total current assets 1,261,166 954,328    
Long-term investments 2,625 2,643    
Property, plant and equipment, net 195,576 187,949    
Deferred income taxes - noncurrent   33,678    
Other assets 10,577 12,885    
Total assets 1,515,130 1,191,483    
Current liabilities:        
Accounts payable 396,895 267,391    
Accrued liabilities 112,824 83,596    
Income taxes payable 1,364 5,054    
Short-term debt and current portion of long-term debt, net of debt issuance costs 161,447 53,589    
Total current liabilities 672,530 409,630    
Long-term debt 0 40,000    
Other long-term liabilities 68,754 45,200    
Total liabilities 741,284 494,830    
Stockholders’ equity:        
Common stock and additional paid-in capital 308,271 279,465    
Treasury stock (20,491) (2,030)    
Accumulated other comprehensive loss (77) (85)    
Retained earnings 485,973 419,119    
Total Super Micro Computer, Inc. stockholders’ equity 773,676 696,469    
Noncontrolling interest 170 184    
Total stockholders’ equity 773,846 696,653 593,585 452,158
Total liabilities and stockholders’ equity 1,515,130 1,191,483    
Allowance for doubtful accounts receivable   2,413    
Accounts receivable, related party 6,877 49    
Prepaid expenses, related party 13,327 9,622    
Accounts payable, related party 55,928 44,941    
Accrued liabilities, related party $ 8,450 5,354    
As Previously Reported        
Current assets:        
Cash and cash equivalents   180,964 95,442 96,872
Accounts receivable, net   288,941    
Inventories   448,980    
Prepaid income taxes   5,682    
Prepaid expenses and other current assets   13,435    
Total current assets   938,002    
Long-term investments   2,643    
Property, plant and equipment, net   187,949    
Deferred income taxes - noncurrent   28,460    
Other assets   8,546    
Total assets   1,165,600    
Current liabilities:        
Accounts payable   249,239    
Accrued liabilities   55,618    
Income taxes payable   5,172    
Short-term debt and current portion of long-term debt, net of debt issuance costs   53,589    
Total current liabilities   363,618    
Long-term debt   40,000    
Other long-term liabilities   40,603    
Total liabilities   444,221    
Stockholders’ equity:        
Common stock and additional paid-in capital   277,339    
Treasury stock   (2,030)    
Accumulated other comprehensive loss   (85)    
Retained earnings   445,971    
Total Super Micro Computer, Inc. stockholders’ equity   721,195    
Noncontrolling interest   184    
Total stockholders’ equity   721,379   469,231
Total liabilities and stockholders’ equity   1,165,600    
Allowance for doubtful accounts receivable   2,721    
Accounts receivable, related party   4,678    
Prepaid expenses, related party   0    
Accounts payable, related party   39,152    
Accrued liabilities, related party   0    
Restatement adjustment        
Current assets:        
Cash and cash equivalents   (2,144) $ (2,522) $ (1,390)
Stockholders’ equity:        
Accounts receivable, related party   (4,629)    
Prepaid expenses, related party   9,622    
Accounts payable, related party   5,789    
Accrued liabilities, related party   5,354    
Restatement adjustment | Product Revenue Recognition        
Current assets:        
Accounts receivable, net   (60,590)    
Inventories   48,714    
Total current assets   (11,876)    
Total assets   (11,876)    
Current liabilities:        
Accounts payable   5    
Accrued liabilities   (128)    
Total current liabilities   (123)    
Total liabilities   (123)    
Stockholders’ equity:        
Retained earnings   (11,753)    
Total Super Micro Computer, Inc. stockholders’ equity   (11,753)    
Total stockholders’ equity   (11,753)    
Total liabilities and stockholders’ equity   (11,876)    
Restatement adjustment | Services Revenue Recognition        
Current assets:        
Total current assets   0    
Total assets   0    
Current liabilities:        
Accrued liabilities   9,313    
Total current liabilities   9,313    
Other long-term liabilities   4,597    
Total liabilities   13,910    
Stockholders’ equity:        
Retained earnings   (13,910)    
Total Super Micro Computer, Inc. stockholders’ equity   (13,910)    
Total stockholders’ equity   (13,910)    
Total liabilities and stockholders’ equity   0    
Restatement adjustment | Inventories        
Current assets:        
Inventories   18,205    
Total current assets   18,205    
Total assets   18,205    
Current liabilities:        
Accounts payable   2,981    
Accrued liabilities   16,251    
Total current liabilities   19,232    
Total liabilities   19,232    
Stockholders’ equity:        
Retained earnings   (1,027)    
Total Super Micro Computer, Inc. stockholders’ equity   (1,027)    
Total stockholders’ equity   (1,027)    
Total liabilities and stockholders’ equity   18,205    
Restatement adjustment | Other        
Current assets:        
Cash and cash equivalents   (2,144)    
Accounts receivable, net   (53,418)    
Inventories   908    
Prepaid expenses and other current assets   65,992    
Total current assets   11,338    
Other assets   4,339    
Total assets   15,677    
Current liabilities:        
Accounts payable   15,166    
Accrued liabilities   2,542    
Total current liabilities   17,708    
Total liabilities   17,708    
Stockholders’ equity:        
Common stock and additional paid-in capital   2,067    
Retained earnings   (4,098)    
Total Super Micro Computer, Inc. stockholders’ equity   (2,031)    
Total stockholders’ equity   (2,031)    
Total liabilities and stockholders’ equity   15,677    
Restatement adjustment | Income Taxes        
Current assets:        
Prepaid income taxes   (1,341)    
Total current assets   (1,341)    
Deferred income taxes - noncurrent   5,218    
Total assets   3,877    
Current liabilities:        
Income taxes payable   (118)    
Total current liabilities   (118)    
Total liabilities   (118)    
Stockholders’ equity:        
Common stock and additional paid-in capital   59    
Retained earnings   3,936    
Total Super Micro Computer, Inc. stockholders’ equity   3,995    
Total stockholders’ equity   3,995    
Total liabilities and stockholders’ equity   $ 3,877