Enphase Energy Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
ENPH$27.64-5.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
| Common Stock · AdditionalPaid-In Capital · AccumulatedEarnings (Deficit) · AccumulatedOtherComprehensiveIncome (Loss) · TotalStockholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Balance at December 31, 2020 | 128,962 | $1 | $534,744 | $(51,186) | $434 | $483,993 |
| Issuance of common stock from exercise of equity awards and employee stock purchase plan | 2,808 | — | 7,484 | — | — | 7,484 |
| Payment of withholding taxes related to net share settlement of equity awards | — | — | (29,136) | — | — | (29,136) |
| Equity component of convertible senior notes, net | — | — | 207,970 | — | — | 207,970 |
| Cost of convertible notes hedge related to the convertible senior notes, net | — | — | (213,322) | — | — | (213,322) |
| Sale of warrants related to the convertible senior notes | — | — | 220,800 | — | — | 220,800 |
| Equity component of settlement of convertible senior notes, net | — | — | (976,714) | — | — | (976,714) |
| Settlement of convertible senior notes | 5,489 | — | 972,273 | — | — | 972,273 |
| Exercise of convertible notes hedge related to the convertible senior notes | (5,721) | — | — | — | — | — |
| Exercise of warrants related to the convertible senior notes | 5,582 | — | — | — | — | — |
| Stock-based compensation | — | — | 113,825 | — | — | 113,825 |
| Net income | — | — | — | 145,449 | — | 145,449 |
| Repurchase of common stock | (3,226) | — | — | (500,000) | — | (500,000) |
| Foreign currency translation adjustments | — | — | — | — | (334) | (334) |
| Change in net unrealized loss on marketable securities net of tax | — | — | — | — | (2,120) | (2,120) |
| Balance at December 31, 2021 | 133,894 | $1 | $837,924 | $(405,737) | $(2,020) | $430,168 |
| Cumulative-effect adjustment to additional paid-in capital and accumulated equity related to the adoption of ASU 2020-06 | — | $— | $(207,967) | $25,710 | $— | $(182,257) |
| Issuance of common stock from exercise of equity awards and employee stock purchase plan | 2,547 | — | 10,370 | — | — | 10,370 |
| Payment of withholding taxes related to net share settlement of equity awards | — | — | (27,496) | — | — | (27,496) |
| Deferred tax impact on equity component of partial settlement of convertible notes | — | — | (1,837) | — | — | (1,837) |
| Stock-based compensation | — | — | 208,125 | — | — | 208,125 |
| Net income | — | — | — | 397,362 | — | 397,362 |
| Foreign currency translation adjustment | — | — | — | — | (3,185) | (3,185) |
| Change in net unrealized loss on marketable securities net of tax | — | — | — | — | (5,677) | (5,677) |
| Balance at December 31, 2022 | 136,441 | $1 | $819,119 | $17,335 | $(10,882) | $825,573 |
| Issuance of common stock from exercise of equity awards and employee stock purchase plan | 1,613 | — | 13,870 | — | — | 13,870 |
| Common Stock · AdditionalPaid-In Capital · AccumulatedEarnings (Deficit) · AccumulatedOtherComprehensiveIncome (Loss) · TotalStockholders’Equity | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount | ||||||
| Issuance of common stock related to 365 Pronto, Inc. post combination expense | 52 | — | 10,307 | — | — | 10,307 |
| Payment of withholding taxes related to net share settlement of equity awards | — | — | (120,646) | — | — | (120,646) |
| Settlement of convertible notes due 2023 | 900 | — | 5,000 | — | — | 5,000 |
| Stock-based compensation | — | — | 211,688 | — | — | 211,688 |
| Net income | — | — | — | 438,936 | — | 438,936 |
| Repurchase of common stock | (3,284) | — | — | (409,998) | — | (409,998) |
| Foreign currency translation adjustment | — | — | — | — | 1,190 | 1,190 |
| Change in net unrealized loss on marketable securities, net of tax | — | — | — | — | 7,704 | 7,704 |
| Balance at December 31, 2023 | 135,722 | $1 | $939,338 | $46,273 | $(1,988) | $983,624 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.