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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2015	Aug. 04, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	UNIVERSAL ELECTRONICS INC
Entity Central Index Key	0000101984
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		15,180,690

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 82,162	$ 112,521
Accounts receivable, net	103,624	97,989
Inventories, net	109,121	97,474
Prepaid expenses and other current assets	6,942	6,856
Income tax receivable	71	77
Deferred income taxes	5,160	5,048
Total current assets	307,080	319,965
Property, plant, and equipment, net	84,038	76,135
Goodwill	30,593	30,739
Intangible assets, net	23,761	24,614
Deferred income taxes	6,747	6,146
Other assets	5,706	5,471
Total assets	457,925	463,070
Current liabilities:
Accounts payable	78,022	69,991
Line of credit	12,000	0
Accrued compensation	33,672	40,656
Accrued sales discounts, rebates and royalties	6,558	8,097
Accrued income taxes	4,293	4,263
Deferred income taxes	0	0
Other accrued expenses	13,614	13,358
Total current liabilities	148,159	136,365
Long-term liabilities:
Deferred income taxes	8,529	8,456
Income tax payable	566	566
Other long-term liabilities	2,031	2,062
Total liabilities	159,285	147,449
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued or outstanding	0	0
Common stock, $0.01 par value, 50,000,000 shares authorized; 23,046,634 and 22,909,884 shares issued on June 30, 2015 and December 31, 2014, respectively	230	229
Paid-in capital	221,621	214,710
Accumulated other comprehensive income (loss)	(7,606)	(4,446)
Retained earnings	239,630	226,066
Stockholders' equity before treasury stock	453,875	436,559
Less cost of common stock in treasury, 7,657,183 and 7,008,475 shares on June 30, 2015 and December 31, 2014, respectively	(155,235)	(120,938)
Total stockholders' equity	298,640	315,621
Total liabilities and stockholders' equity	$ 457,925	$ 463,070

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	23,046,634	22,909,884
Treasury stock, shares	7,657,183	7,008,475

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 147,551	$ 146,315	$ 280,256	$ 276,160
Cost of sales	107,271	102,757	202,567	196,056
Gross profit	40,280	43,558	77,689	80,104
Research and development expenses	4,096	4,119	8,530	8,396
Selling, general and administrative expenses	25,784	27,765	52,656	54,044
Operating income	10,400	11,674	16,503	17,664
Interest income (expense), net	104	(71)	214	(87)
Other income (expense), net	56	(334)	286	(683)
Income before provision for income taxes	10,560	11,269	17,003	16,894
Provision for income taxes	2,185	2,781	3,439	4,133
Net income	$ 8,375	$ 8,488	$ 13,564	$ 12,761
Earnings per share:
Basic (in dollars per share)	$ 0.53	$ 0.54	$ 0.86	$ 0.81
Diluted (in dollars per share)	$ 0.52	$ 0.53	$ 0.84	$ 0.79
Shares used in computing earnings per share:
Basic (in shares)	15,732	15,784	15,819	15,785
Diluted (in shares)	16,029	16,141	16,136	16,151

CONSOLIDATED COMPREHENSIVE INCOME STATEMENTS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 8,375	$ 8,488	$ 13,564	$ 12,761
Other comprehensive income (loss):
Change in foreign currency translation adjustment	1,098	267	(3,160)	(1,844)
Comprehensive income (loss)	$ 9,473	$ 8,755	$ 10,404	$ 10,917

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash provided by operating activities:
Net income	$ 13,564	$ 12,761
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	9,412	8,849
Provision for doubtful accounts	138	69
Provision for inventory write-downs	1,617	1,550
Deferred income taxes	(655)	901
Tax benefit from exercise of stock options and vested restricted stock	689	1,154
Excess tax benefit from stock-based compensation	(713)	(1,142)
Shares issued for employee benefit plan	593	537
Stock-based compensation	3,983	3,251
Changes in operating assets and liabilities:
Accounts receivable	(8,741)	(12,856)
Inventories	(14,994)	5,095
Prepaid expenses and other assets	(378)	134
Accounts payable and accrued expenses	1,395	10,382
Accrued income taxes	32	(1,894)
Net cash provided by operating activities	5,942	28,791
Cash used for investing activities:
Acquisition of property, plant, and equipment	(15,655)	(7,714)
Acquisition of intangible assets	(1,252)	(663)
Net cash used for investing activities	(16,907)	(8,377)
Cash provided by (used for) financing activities:
Borrowings under line of credit	19,500	0
Repayments on line of credit	(7,500)	0
Proceeds from stock options exercised	1,648	4,665
Treasury stock purchased	(34,297)	(14,275)
Excess tax benefit from stock-based compensation	713	1,142
Net cash provided by (used for) financing activities	(19,936)	(8,468)
Effect of exchange rate changes on cash	542	(478)
Net increase (decrease) in cash and cash equivalents	(30,359)	11,468
Cash and cash equivalents at beginning of year	112,521	76,174
Cash and cash equivalents at end of period	82,162	87,642
Supplemental Cash Flow Information:
Income taxes paid	$ 2,979	$ 3,182

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Significant Accounting Policies In the opinion of management, the accompanying consolidated financial statements of Universal Electronics Inc. and its wholly-owned subsidiaries contain all the adjustments necessary for a fair presentation of financial position, results of operations and cash flows for the periods presented. All such adjustments are of a normal recurring nature. Information and footnote disclosures normally included in financial statements, which are prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. As used herein, the terms "Company," "we," "us," and "our" refer to Universal Electronics Inc. and its subsidiaries, unless the context indicates to the contrary. Our results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the full year. These financial statements should be read in conjunction with the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Quantitative and Qualitative Disclosures About Market Risk," and the "Financial Statements and Supplementary Data" included in Items 1A, 7, 7A, and 8, respectively, of our Annual Report on Form 10-K for the year ended December 31, 2014. Estimates, Judgments and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates, judgments 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 revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates and assumptions, including those related to revenue recognition, allowances for sales returns and doubtful accounts, inventory valuation, our review of impairment of long-lived assets, intangible assets and goodwill, income taxes and stock-based compensation expense. Actual results may differ from these estimates and assumptions, and they may be adjusted as more information becomes available. Any adjustment may be material. See Note 2 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2014 for a summary of our significant accounting policies. Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers", which will supersede most existing U.S. GAAP revenue recognition guidance. This new standard requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. In addition, ASU 2014-09 contains expanded disclosure requirements relating to the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is effective for fiscal periods beginning after December 15, 2016 and permits the use of either the full retrospective or cumulative effect transition method. On July 9, 2015, the FASB postponed the effective date of the new revenue standard by one year; however, early adoption is permitted as of the original effective date. We have not yet selected a transition method and are evaluating the impact that this new standard will have on our consolidated financial statements.

Cash and Cash Equivalents

6 Months Ended

Jun. 30, 2015

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents

Cash and cash equivalents were held in the following geographic regions:



(In thousands)	June 30, 2015		December 31, 2014
United States	$	4,864	$	43,546
Asia	64,988		50,799
Europe	10,120		12,912
South America	2,190		5,264
Total cash and cash equivalents	$	82,162	$	112,521

- Definition

The entire disclosure for cash and cash equivalent footnotes, which may include the types of deposits and money market instruments, applicable carrying amounts, restricted amounts and compensating balance arrangements. Cash and equivalents include: (1) currency on hand (2) demand deposits with banks or financial institutions (3) other kinds of accounts that have the general characteristics of demand deposits (4) 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. Generally, only investments maturing within three months from the date of acquisition qualify.

+ References + Details

Accounts Receivable, Net and Revenue Concentrations

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Accounts Receivable, Net and Revenue Concentrations

Accounts receivable, net were as follows:



(In thousands)	June 30, 2015			December 31, 2014
Trade receivables, gross	$	97,238		$	91,605
Allowance for doubtful accounts	(686		)	(616		)
Allowance for sales returns	(377		)	(617		)
Net trade receivables	96,175			90,372
Other	7,449			7,617
Accounts receivable, net	$	103,624		$	97,989

Allowance for Doubtful Accounts

Changes in the allowance for doubtful accounts were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2015			2014
Balance at beginning of period	$	616		$	478
Additions to costs and expenses	138			69
(Write-offs)/FX effects	(68		)	3
Balance at end of period	$	686		$	550

Sales Returns

The allowance for sales returns at June 30, 2015 and December 31, 2014 included reserves for items returned prior to period-end that were not completely processed, and therefore had not yet been removed from the allowance for sales returns balance. If these returns had been fully processed, the allowance for sales returns balance would have been approximately $0.2 million and $0.4 million on June 30, 2015 and December 31, 2014, respectively. The value of these returned goods was included in our inventory balance at June 30, 2015 and December 31, 2014.

Significant Customers

Net sales to the following customers totaled more than 10% of our net sales:



	Three Months Ended June 30,
	2015				2014
	$ (thousands)		% of Net Sales		$ (thousands)			% of Net Sales
Comcast Corporation	$	30,381	20.6	%	$	15,068		10.3	%
DIRECTV	18,125		12.3		—		⁽¹⁾	—		⁽¹⁾


⁽¹⁾	Net sales to this customer did not total more than 10% of our total net sales in the prior period.



	Six Months Ended June 30,
	2015				2014
	$ (thousands)		% of Net Sales		$ (thousands)			% of Net Sales
Comcast Corporation	$	45,958	16.4	%	$	—	⁽¹⁾	—	%	⁽¹⁾
DIRECTV	35,490		12.7		—		⁽¹⁾	—		⁽¹⁾


⁽¹⁾	Net sales to this customer did not total more than 10% of our total net sales in the prior period.

Trade receivables associated with Comcast Corporation accounted for $15.9 million, or 15.3%, of our accounts receivable, net at June 30, 2015. We had no other customer with trade receivables greater than 10% of our accounts receivable, net at June 30, 2015 or December 31, 2014.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Inventories, Net and Significant Supplier(s)

6 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

Inventories, Net and Significant Supplier(s)

Inventories, Net and Significant Supplier

Inventories, net were as follows:



(In thousands)	June 30, 2015			December 31, 2014
Raw materials	$	33,635		$	24,763
Components	14,098			16,170
Work in process	8,416			2,622
Finished goods	55,870			56,458
Reserve for excess and obsolete inventory	(2,898		)	(2,539		)
Inventories, net	$	109,121		$	97,474

Reserve for Excess and Obsolete Inventory

Changes in the reserve for excess and obsolete inventory were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2015			2014
Balance at beginning of period	$	2,539		$	2,714
Additions charged to costs and expenses ⁽¹⁾	1,527			1,369
Sell through ⁽²⁾	(526		)	(473		)
Write-offs/FX effects	(642		)	(1,520		)
Balance at end of period	$	2,898		$	2,090


⁽¹⁾	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.1 million and $0.2 million for the six months ended June 30, 2015 and 2014, respectively. These amounts are production waste and are not included in management's reserve for excess and obsolete inventory.


⁽²⁾	These amounts represent the reduction in reserves associated with inventory items that were sold during the period.

Significant Supplier

We purchase integrated circuits, components and finished goods from multiple sources. We had purchases from the following significant supplier that totaled more than 10% of our total inventory purchases as follows:



	Three Months Ended June 30,
	2015						2014
	$ (thousands)			% of Total Inventory Purchases			$ (thousands)		% of Total Inventory Purchases
Maxim Integrated Products International Limited	$	—	⁽¹⁾	—	%	⁽¹⁾	$	9,148	11.9	%


⁽¹⁾	Purchases from this supplier did not total more than 10% of our total inventory purchases in this period.



	Six Months Ended June 30,
	2015						2014
	$ (thousands)			% of Total Inventory Purchases			$ (thousands)		% of Total Inventory Purchases
Maxim Integrated Products International Limited	$	—	⁽¹⁾	—	%	⁽¹⁾	$	17,202	12.4	%


⁽¹⁾	Purchases from this supplier did not total more than 10% of our total inventory purchases in this period.

Related Party Vendor

We purchase certain printed circuit board assemblies from a related party vendor. The vendor is considered a related party for financial reporting purposes because our Senior Vice President of Manufacturing owns 40% of this vendor. Inventory purchases from this vendor were as follows:



	Three Months Ended June 30,
	2015				2014
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party vendor	$	2,357	2.7	%	$	2,507	3.3	%



	Six Months Ended June 30,
	2015				2014
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party vendor	$	4,451	2.8	%	$	4,230	3.0	%

Total accounts payable to this vendor were as follows:



	June 30, 2015				December 31, 2014
	$ (thousands)		% of Accounts Payable		$ (thousands)		% of Accounts Payable
Related party vendor	$	2,596	3.3	%	$	2,378	3.4	%

Our payable terms and pricing with this vendor are consistent with the terms offered by other vendors in the ordinary course of business. The accounting policies that we apply to our transactions with our related party vendor are consistent with those applied in transactions with independent third parties. Corporate management routinely monitors purchases from our related party vendor to ensure these purchases remain consistent with our business objectives.

Goodwill and Intangible Assets, Net

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

Goodwill

Changes in the carrying amount of goodwill were as follows:



(In thousands)
Balance at December 31, 2014	$	30,739
FX effects	(146		)
Balance at June 30, 2015	$	30,593

Intangible Assets, Net

The components of intangible assets, net were as follows:



	June 30, 2015							December 31, 2014
(In thousands)	Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net		Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net
Distribution rights	$	320	$	(84	)	$	236	$	347	$	(76	)	$	271
Patents	10,708		(4,605		)	6,103		10,107		(4,736		)	5,371
Trademarks and trade names	2,001		(934		)	1,067		2,001		(834		)	1,167
Developed and core technology	3,507		(1,491		)	2,016		3,506		(1,373		)	2,133
Capitalized software development costs	276		(153		)	123		276		(85		)	191
Customer relationships	26,412		(12,196		)	14,216		26,406		(10,925		)	15,481
Total intangible assets, net	$	43,224	$	(19,463	)	$	23,761	$	42,643	$	(18,029	)	$	24,614


⁽¹⁾	This table excludes the gross value of fully amortized intangible assets totaling $8.5 million and $7.9 million on June 30, 2015 and December 31, 2014, respectively.

Amortization expense is recorded in selling, general and administrative expenses, except amortization expense related to capitalized software development costs which is recorded in cost of sales. Amortization expense by income statement caption was as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2015		2014		2015		2014
Cost of sales	$	34	$	37	$	69	$	74
Selling, general and administrative	1,015		997		2,019		1,983
Total amortization expense	$	1,049	$	1,034	$	2,088	$	2,057

Estimated future amortization expense related to our intangible assets at June 30, 2015, is as follows:



(In thousands)
2015 (remaining 6 months)	$	2,079
2016	4,121
2017	4,049
2018	4,022
2019	4,022
Thereafter	5,468
Total	$	23,761

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Line of Credit	6 Months Ended
Line of Credit	Jun. 30, 2015
Debt Disclosure [Abstract]
Line of Credit	Line of Credit On October 9, 2014, we extended the term of our Amended and Restated Credit Agreement ("Amended Credit Agreement") with U.S. Bank National Association ("U.S. Bank") to November 1, 2017. The Amended Credit Agreement provides for a $55.0 million line of credit ("Credit Line") that may be used for working capital and other general corporate purposes including acquisitions, share repurchases and capital expenditures. Amounts available for borrowing under the Credit Line are reduced by the balance of any outstanding letters of credit, of which there were $13 thousand at June 30, 2015. All obligations under the Credit Line are secured by substantially all of our U.S. personal property and tangible and intangible assets as well as 65% of our ownership interest in Enson Assets Limited, our wholly-owned subsidiary which controls our manufacturing factories in the People's Republic of China ("PRC"). Under the Amended Credit Agreement, we may elect to pay interest on the Credit Line based on LIBOR plus an applicable margin (varying from 1.25% to 1.75%) or base rate (based on the prime rate of U.S. Bank or as otherwise specified in the Amended Credit Agreement) plus an applicable margin (varying from 0.00% to 0.50%). The applicable margins are calculated quarterly and vary based on our cash flow leverage ratio as set forth in the Amended Credit Agreement. There are no commitment fees or unused line fees under the Amended Credit Agreement. The Amended Credit Agreement includes financial covenants requiring a minimum fixed charge coverage ratio and a maximum cash flow leverage ratio. In addition, the Amended Credit Agreement also contains other customary affirmative and negative covenants and events of default. As of June 30, 2015, we were in compliance with the covenants and conditions of the Amended Credit Agreement. At June 30, 2015, we had $12.0 million outstanding under the Credit Line. Our total interest expense on borrowings was $17 thousand during the three and six months ended June 30, 2015. We had no interest expense or borrowings during the three and six months ended June 30, 2014.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We utilize our estimated annual effective tax rate to determine our provision for income taxes for interim periods. The income tax provision is computed by taking the estimated annual effective tax rate and multiplying it by the year-to-date pre-tax book income. We recorded income tax expense of $2.2 million and $2.8 million for the three months ended June 30, 2015 and 2014, respectively. Our effective tax rate was 20.7% and 24.7% during the three months ended June 30, 2015 and 2014, respectively. The decrease in our effective tax rate was primarily due to the recording of a $0.5 million tax refund in the current year period relating to tax incentives in China for the years 2012 through 2014. We recorded income tax expense of $3.4 million and $4.1 million for the six months ended June 30, 2015 and 2014, respectively. Our effective tax rate was 20.2% and 24.5% during the six months ended June 30, 2015 and 2014, respectively. The decrease in our effective tax rate was primarily due to the recording of $0.8 million in tax refunds in the current year period, of which $0.5 million related to tax incentives in China for the years 2012 through 2014 and $0.3 million related to certain deductible research and development expenses incurred in China during 2013. At June 30, 2015, we had gross unrecognized tax benefits of $3.7 million, including interest and penalties, of which $3.2 million would affect the annual effective tax rate if these tax benefits are realized. Further, we are unaware of any positions for which it is reasonably possible that the total amount of unrecognized tax benefits will significantly increase within the next twelve months. However, based on federal, state and foreign statute expirations in various jurisdictions, we anticipate a decrease in unrecognized tax benefits of approximately $0.5 million within the next twelve months. We have classified uncertain tax positions as non-current income tax liabilities unless expected to be paid within one year. We have elected to classify interest and penalties as a component of tax expense. Accrued interest and penalties of $0.2 million and $0.2 million on June 30, 2015 and December 31, 2014, respectively, are included in our unrecognized tax benefits. We file income tax returns in the U.S. federal jurisdiction, and in various state and foreign jurisdictions. On June 30, 2015, the open statutes of limitations in our significant tax jurisdictions were as follows: federal 2011 through 2014, state 2010 through 2014, and foreign 2008 through 2014.

Accrued Compensation

6 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Accrued social insurance ⁽¹⁾	$	19,921	$	19,941
Accrued salary/wages	6,876		6,114
Accrued vacation/holiday	2,452		2,222
Accrued bonus ⁽²⁾	2,309		8,492
Accrued commission	643		1,797
Accrued medical insurance claims	190		236
Other accrued compensation	1,281		1,854
Total accrued compensation	$	33,672	$	40,656

⁽¹⁾

Effective January 1, 2008, the Chinese Labor Contract Law was enacted in the PRC. This law mandated that PRC employers remit the applicable social insurance payments to their local government. Social insurance is comprised of various components such as pension, medical insurance, job injury insurance, unemployment insurance, and a housing assistance fund, and is administered in a manner similar to social security in the United States. This amount represents our estimate of the amounts due to the PRC government for social insurance on June 30, 2015 and December 31, 2014.

⁽²⁾

Accrued bonus includes an accrual for an extra month of salary ("13^th month salary") to be paid to employees in certain geographies where it is the customary business practice. This 13^th month salary is paid to these employees if they remain employed with us through December 31st. The total accrued for the 13^th month salary was $0.6 million and $0.6 million at June 30, 2015 and December 31, 2014, respectively.

Other Accrued Expenses

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Advertising and marketing	$	176	$	174
Deferred revenue	724		648
Duties	791		947
Freight and handling fees	1,255		1,522
Product development	536		751
Product warranty claim costs	24		353
Professional fees	1,466		1,493
Sales taxes and VAT	3,099		2,057
Third-party commissions	893		553
Tooling ⁽¹⁾	1,367		1,089
Unrealized loss on foreign currency exchange futures contracts	53		113
Utilities	355		275
Other	2,875		3,383
Total other accrued expenses	$	13,614	$	13,358


⁽¹⁾	The tooling accrual balance relates to unearned revenue for tooling that will be sold to customers.

Other Accrued Expenses

6 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Other Accrued Expenses

Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Accrued social insurance ⁽¹⁾	$	19,921	$	19,941
Accrued salary/wages	6,876		6,114
Accrued vacation/holiday	2,452		2,222
Accrued bonus ⁽²⁾	2,309		8,492
Accrued commission	643		1,797
Accrued medical insurance claims	190		236
Other accrued compensation	1,281		1,854
Total accrued compensation	$	33,672	$	40,656

⁽¹⁾

⁽²⁾

Other Accrued Expenses

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Advertising and marketing	$	176	$	174
Deferred revenue	724		648
Duties	791		947
Freight and handling fees	1,255		1,522
Product development	536		751
Product warranty claim costs	24		353
Professional fees	1,466		1,493
Sales taxes and VAT	3,099		2,057
Third-party commissions	893		553
Tooling ⁽¹⁾	1,367		1,089
Unrealized loss on foreign currency exchange futures contracts	53		113
Utilities	355		275
Other	2,875		3,383
Total other accrued expenses	$	13,614	$	13,358


⁽¹⁾	The tooling accrual balance relates to unearned revenue for tooling that will be sold to customers.

Commitments and Contingencies

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Product Warranties

Changes in the liability for product warranty claim costs were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2015			2014
Balance at beginning of period	$	353		$	41
Accruals for warranties issued during the period	—			216
Settlements (in cash or in kind) during the period	(329		)	(41		)
Balance at end of period	$	24		$	216

Litigation

On March 2, 2012, we filed a lawsuit against Universal Remote Control, Inc. ("URC") in the United States District Court, Central District of California (Universal Electronics Inc. v. Universal Remote Control, Inc., SACV12-0039 AG (JPRx)) alleging that URC was infringing, directly and indirectly, four of our patents related to remote control technology. We alleged that this complaint related to multiple URC remote control products, including the URC model numbers UR5U-9000L, WR7 and other remote controls with different model names or numbers, but with substantially the same designs, features, and functionalities. We sought monetary relief for the infringement, including enhanced damages due to the willfulness of URC's actions, injunctive relief to enjoin URC from further infringing, including contributory infringement and/or inducing infringement, and attorney's fees. URC denied infringing our patents and asserted a variety of counterclaims and affirmative defenses including invalidity and unenforceability of our patents, misuse of patents, and a breach of contract action stemming from the settlement by us of an earlier lawsuit against URC. On January 29, 2013, the Court held its "Markman" hearing and on February 1, 2013, the Court issued its ruling that four of the 24 claims we asserted against URC were invalid, effectively removing one of the four patents alleged by us to be infringed by URC from this litigation. In March 2014, the Court further narrowed the scope of this litigation granting URC's motion for summary judgment with respect to certain issues that effectively removed two additional patents. In March 2014, the Court also granted our motion for summary judgment on certain of URC's defenses and counterclaims, including URC's counterclaim for breach of contract. A trial was held in May 2014, and the jury returned a verdict that URC did not infringe on our remaining patent, and found for URC on patent validity and several equitable defenses in the lawsuit, although the jury's verdict on the equitable defenses was advisory in nature. A hearing on motions pertaining to the jury's verdict was held on August 18, 2014. On December 16, 2014, the Court entered its findings of fact and conclusions of law on the equitable issues and determined that our assertion of URC's infringement of one of the patents at issue was barred by laches, but not by equitable estoppel or patent misuse. Further, the Court determined that our right to seek relief was not barred by unclean hands and on January 27, 2015, final judgment was entered by the Court accepting the jury's verdict pertaining to invalidity, non-infringement, marking, and the equitable defense of laches and ordered us to pay URC's costs of litigation, exclusive of attorney's fees. The parties have filed briefs in support of and opposition to the amount of such costs and fees to be awarded. URC is seeking an award of its costs in excess of $0.2 million. We have vigorously opposed this request as unreasonably excessive. We are awaiting the Court's determination of the amount of the award and depending upon the Court's decision, we will decide whether to appeal the ruling or not. At this time, since URC's and our opinions are very far apart as to the amount of costs to which URC should be awarded, we cannot estimate the amount the Court may award. On January 22, 2015, URC filed a motion seeking to recover its attorneys' fees and expenses incurred in connection with its defense of this lawsuit. We opposed this motion. On March 10, 2015, after a hearing, the Court granted URC's motion for a portion of its attorneys' fees and expenses and the parties have filed briefs in support of and opposition to the amount of fees and expenses to be awarded. URC is seeking an award of attorneys' fees and expenses in excess of $5.7 million. We have vigorously opposed this request as unreasonably excessive. We are awaiting the Court's determination of the amount of the award and depending upon the Court's decision, we will decide whether to appeal the ruling or not. At this time, since URC's and our opinions are very far apart as to the amount of fees and expenses to which URC could be awarded and due to the lack of guiding judicial precedent, we cannot estimate the amount the Court may award and thus no accrual for potential loss has been recorded as of June 30, 2015. On February 26, 2015, URC filed its notice of appeal with respect to rulings against it pertaining to the issues of patent misuse, unclean hands, implied license and all adverse orders, decisions, and opinions rulings of the Court, which appeal we will vigorously defend against and on March 11, 2015, we filed our notice of appeal with respect to the final judgment entered against us on January 27, 2015, with respect to the Court's claim construction order entered on February 1, 2013 and from the order granted URC's motion for attorneys' fees. Finally, on April 8, 2015, URC filed its notice of appeal with respect to the Court's order granting its motion for attorneys' fees.

On June 28, 2013, we filed a second lawsuit against URC, also in the United States District Court, Central District of California (Universal Electronics Inc. v. Universal Remote Control, Inc., SACV13-00987 JAK (SHx)). In this second lawsuit, we are alleging that URC is infringing, directly and indirectly, ten additional patents that we own related to remote control technology. As in the first lawsuit, in this second lawsuit we have alleged that this complaint relates to multiple URC remote control products. We are seeking monetary relief for infringement, including enhanced damages due to the willfulness of URC's actions, injunctive relief to enjoin URC from further infringing, including contributory infringement and/or inducing infringement, and attorney's fees. In mid-July 2013, URC filed a Notice of Related Cases seeking to join this lawsuit with the lawsuit we filed against URC on March 2, 2012 and we did not object to this Notice. Consequently, this lawsuit was transferred to the Judge and Magistrate hearing our first lawsuit filed against URC. In addition, URC answered this complaint with a denial of infringement, asserting affirmative defenses, and seeking a ruling that URC has not infringed our patents, that our patents are invalid and unenforceable, that the patents have been licensed to URC, and an award of attorneys' fees and costs. In mid-November 2013, we filed a motion to add affiliated URC suppliers, Ohsung Electronics Co, Ltd, a South Korean entity, and Ohsung Electronics USA, Inc., a California entity, (collectively "Ohsung"), to the lawsuit. In February 2014, Ohsung answered and counterclaimed with a general denial of wrongdoing and asserted the standard affirmative defenses of non-infringement, invalidity and unenforceability of our patents and breach of contract action stemming from the settlement by us of an earlier lawsuit against URC. In March 2014, we answered by disputing Ohsung's defenses and with a general denial of Ohsung's breach of contract complaint. In late June and early July of 2014, URC and Ohsung requested inter partes review ("IPR") with the US Patent and Trademark Office ("Patent Office" or "USPTO") for each of the ten patents pending in the second URC lawsuit. We intend to vigorously defend each patent before the Patent Office. During December 2014 and January 2015, the Patent Office issued its decisions on URC's petitions and accepted for review all claims at issue with respect to five of the patents, certain claims at issue with respect to two of the patents and denied in full the request to review the other three patents at issue.We are presently reviewing the Patent Office's decisions to determine our next steps which could include appealing the Patent Office's acceptance of some or all of the seven patents and/or defending the patents in front of the USPTO. While the Patent Office was considering the IPR requests, this second lawsuit was stayed by the Court. On March 5, 2015, the Court granted the parties Joint Stipulation agreeing that the stay continue while the Patent Office decides the IPRs, which decisions are not expected until January 2016.

On or about June 10, 2015, FM Marketing GmbH (“FMH”) and Ruwido Austria GmbH (“Ruwido”), filed a Summons in Summary Proceedings in Belgium court against one of our subsidiaries, Universal Electronics BV (“UEBV”) and one of its customers, Telenet N.V. (“Telenet”), claiming that one of the products UEBV supplies Telenet violates two design patents and one utility patent owned by FMH and/or Ruwido. By this summons, FMH and Ruwido are seeking to enjoin Telenet and UEBV from continued distribution and use of the products at issue. Both UEBV and Telenet deny the allegations of infringement and have begun their defense. As this proceeding is in the very early stages and we have just begun our analysis of the merits of FMH and Ruwido’s claims, a determination of any outcome cannot be made at this time.

There are no other material pending legal proceedings to which we or any of our subsidiaries is a party or of which our respective property is the subject. However, as is typical in our industry and to the nature and kind of business in which we are engaged, from time to time, various claims, charges and litigation are asserted or commenced by third parties against us or by us against third parties arising from or related to product liability, infringement of patent or other intellectual property rights, breach of warranty, contractual relations, or employee relations. The amounts claimed may be substantial but may not bear any reasonable relationship to the merits of the claims or the extent of any real risk of court awards assessed against us or in our favor. However, no assurances can be made as to the outcome of any of these matters, nor can we estimate the range of potential losses to us. In our opinion, final judgments, if any, which might be rendered against us in potential or pending litigation would not have a material adverse effect on our financial condition, results of operations, or cash flows. Moreover, we believe that our products do not infringe any third parties' patents or other intellectual property rights.

We maintain directors' and officers' liability insurance which insures our individual directors and officers against certain claims, as well as attorney's fees and related expenses incurred in connection with the defense of such claims.

Treasury Stock

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Treasury Stock

Repurchased shares of our common stock were as follows:



	Six Months Ended June 30,
(In thousands, except share data)	2015		2014
Shares repurchased	648,708		349,533
Cost of shares repurchased	$	34,297	$	14,275

Repurchased shares are recorded as shares held in treasury at cost. We hold these shares for future use as management and the Board of Directors deem appropriate, which has included compensating our outside directors. During the six months ended June 30, 2014, we issued 15,000 shares from treasury to outside directors for services performed (see Note 13).

From time to time, our Board of Directors authorizes management to repurchase shares of our issued and outstanding common stock on the open market. Repurchases may be made to manage dilution created by shares issued under our stock incentive plans or whenever we deem a repurchase is a good use of our cash and the price to be paid is at or below a threshold approved by our Board. As of June 30, 2015, we had 526,069 shares available for repurchase on the open market under the Board's authorizations. On July 28, 2015, our Board increased these repurchase authorizations by 403,003 shares bringing the total authorization as of the approval date to 700,000 shares.

Business Segment and Foreign Operations

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Business Segment and Foreign Operations

Reportable Segment

An operating segment, in part, is a component of an enterprise whose operating results are regularly reviewed by the chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance. Operating segments may be aggregated only to a limited extent. Our chief operating decision maker, the Chief Executive Officer, reviews financial information presented on a consolidated basis, accompanied by disaggregated information about revenues for purposes of making operating decisions and assessing financial performance. Accordingly, we only have a single operating and reportable segment.

Foreign Operations

Our net sales to external customers by geographic area were as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2015		2014		2015		2014
United States	$	62,349	$	50,662	$	117,108	$	98,558
Asia (excluding PRC)	30,645		32,114		61,665		63,632
People's Republic of China	21,368		29,087		37,204		49,757
Europe	16,112		19,244		31,134		34,515
Latin America	10,396		10,613		20,918		19,638
Other	6,681		4,595		12,227		10,060
Total net sales	$	147,551	$	146,315	$	280,256	$	276,160

Specific identification of the customer billing location was the basis used for attributing revenues from external customers to geographic areas.

Long-lived tangible assets by geographic area were as follows:



(In thousands)	June 30, 2015		December 31, 2014
United States	$	5,486	$	5,716
People's Republic of China	78,654		70,619
All other countries	5,604		5,271
Total long-lived tangible assets	$	89,744	$	81,606

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-Section 50
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Stock-Based Compensation

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-based compensation expense for each employee and director is presented in the same income statement caption as their cash compensation. Stock-based compensation expense by income statement caption and the related income tax benefit were as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2015		2014		2015		2014
Cost of sales	$	10	$	4	$	19	$	8
Research and development expenses	106		100		211		201
Selling, general and administrative expenses:
Employees	1,535		1,253		3,006		2,611
Outside directors	373		216		747		431
Total stock-based compensation expense	$	2,024	$	1,573	$	3,983	$	3,251

Income tax benefit	$	574	$	454	$	1,134	$	944

Stock Options

Stock option activity was as follows:



	Number of Options (in 000's)		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Terms (in years)	Aggregate Intrinsic Value (in 000's)
Outstanding at December 31, 2014	650		$	25.56
Granted	74		65.54
Exercised	(69	)	23.95			$	2,122
Forfeited/canceled/expired	(8	)	20.64
Outstanding on June 30, 2015 ⁽¹⁾	647		$	30.35	5.33	$	13,761
Vested and expected to vest on June 30, 2015⁽¹⁾	647		$	30.35	5.32	$	13,756
Exercisable on June 30, 2015 ⁽¹⁾	445		$	24.88	4.80	$	11,118

⁽¹⁾

The aggregate intrinsic value represents the total pre-tax value (the difference between our closing stock price on the last trading day of the second quarter of 2015 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had they all exercised their options on June 30, 2015. This amount will change based on the fair market value of our stock.

The assumptions we utilized in the Black-Scholes option pricing model and the resulting weighted average fair value of stock option grants were the following:



	Three Months Ended June 30,						Six Months Ended June 30, 2015
	2015			2014			2015			2014
Weighted average fair value of grants ⁽¹⁾	$	—		$	—		$	24.77		$	13.64
Risk-free interest rate	—		%	—		%	1.38		%	1.29		%
Expected volatility	—		%	—		%	43.50		%	44.84		%
Expected life in years	0.00			0.00			4.56			4.56


⁽¹⁾	The weighted average fair value of grants was calculated utilizing the stock options granted during each respective period.

As of June 30, 2015, we expect to recognize $2.9 million of total unrecognized pre-tax stock-based compensation expense related to non-vested stock options over a remaining weighted-average life of 2.0 years.

Restricted Stock

Non-vested restricted stock award activity was as follows:



	Shares Granted (in 000's)		Weighted-Average Grant Date Fair Value
Non-vested at December 31, 2014	266		$	39.28
Granted	29		65.53
Vested	(57	)	33.95
Forfeited	(1	)	63.19
Non-vested at June 30, 2015	237		$	43.69

As of June 30, 2015, we expect to recognize $8.3 million of total unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards over a weighted-average life of 2.1 years.

Other Income (Expense), Net

6 Months Ended

Jun. 30, 2015

Other Income and Expenses [Abstract]

Other Income (Expense), Net

Other income (expense), net consisted of the following:



	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2015			2014			2015			2014
Net gain (loss) on foreign currency exchange contracts ⁽¹⁾	$	(167	)	$	(216	)	$	867		$	(1,265	)
Net gain (loss) on foreign currency exchange transactions	178			(71		)	(676		)	622
Other income (expense)	45			(47		)	95			(40		)
Other income (expense), net	$	56		$	(334	)	$	286		$	(683	)


⁽¹⁾	This represents the gains and (losses) incurred on foreign currency hedging derivatives (see Note 16 for further details).

Earnings Per Share

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per share was calculated as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per-share amounts)	2015		2014		2015		2014
BASIC
Net income	$	8,375	$	8,488	$	13,564	$	12,761
Weighted-average common shares outstanding	15,732		15,784		15,819		15,785
Basic earnings per share	$	0.53	$	0.54	$	0.86	$	0.81
DILUTED
Net income	$	8,375	$	8,488	$	13,564	$	12,761
Weighted-average common shares outstanding for basic	15,732		15,784		15,819		15,785
Dilutive effect of stock options and restricted stock	297		357		317		366
Weighted-average common shares outstanding on a diluted basis	16,029		16,141		16,136		16,151
Diluted earnings per share	$	0.52	$	0.53	$	0.84	$	0.79

The number of stock options and shares of restricted stock excluded from the computation of diluted earnings per common share were as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
(In thousands)	2015	2014	2015	2014
Stock options	74	133	57	103
Restricted stock awards	1	—	9	14

Derivatives

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

We periodically enter into foreign currency exchange contracts with terms normally lasting less than nine months to protect against the adverse effects that exchange-rate fluctuations may have on our foreign currency-denominated receivables, payables, cash flows and reported income. We are exposed to market risks from foreign currency exchange rates, which may adversely affect our operating results and financial position. Our foreign currency exposures are primarily concentrated in the Argentinian Peso, Brazilian Real, British Pound, Chinese Yuan Renminbi, Euro, Hong Kong Dollar, and Indian Rupee. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes. We do not use leveraged derivative financial instruments and these derivatives have not qualified for hedge accounting.

Gains and losses on the derivatives are recorded in other income (expense), net. Derivatives are recorded on the balance sheet at fair value. The estimated fair values of our derivative financial instruments represent the amount required to enter into offsetting contracts with similar remaining maturities based on quoted market prices. We have determined that the fair value of our derivatives are derived from level 2 inputs in the fair value hierarchy. The following table sets forth the total net fair value of derivatives:



	June 30, 2015								December 31, 2014
	Fair Value Measurement Using						Total		Fair Value Measurement Using						Total
(In thousands)	(Level 1)		(Level 2)		(Level 3)		Balance		(Level 1)		(Level 2)		(Level 3)		Balance
Foreign currency exchange futures contracts	$	—	$	456	$	—	$	456	$	—	$	810	$	—	$	810

We held foreign currency exchange contracts which resulted in a net pre-tax loss of $0.2 million for the three months ended June 30, 2015 and a net pre-tax loss of $0.2 million for the three months ended June 30, 2014, respectively. For the six months ended June 30, 2015 and 2014, we had a net pre-tax gain of $0.9 million and a net pre-tax loss of $1.3 million, respectively.

Details of futures contracts held were as follows:



Date Held	Type	Position Held	Notional Value (in millions)		Forward Rate	Unrealized Gain/(Loss) Recorded at Balance Sheet Date (in thousands)⁽¹⁾			Settlement Date
June 30, 2015	USD/Euro	USD	$	6.0	1.1236	$	47		July 24, 2015
June 30, 2015	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	22.5	6.2645	$	181		July 17, 2015
June 30, 2015	USD/Chinese Yuan Renminbi	USD	$	4.0	6.2355	$	(13	)	July 17, 2015
June 30, 2015	USD/Chinese Yuan Renminbi	USD	$	7.5	6.2473	$	(40	)	July 17, 2015
June 30, 2015	USD/Brazilian Real	USD	$	2.5	2.7690	$	281		July 17, 2015

December 31, 2014	USD/Euro	USD	$	5.0	1.2450	$	140		January 23, 2015
December 31, 2014	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	20.0	6.2757	$	174		January 16, 2015
December 31, 2014	USD/Brazilian Real	USD	$	5.0	2.3401	$	609		January 16, 2015
December 31, 2014	USD/Brazilian Real	Brazilian Real	$	2.5	2.5442	$	(113	)	January 16, 2015


⁽¹⁾	Gains on futures contracts are recorded in prepaid expenses and other current assets. Losses on futures contracts are recorded in other accrued expenses.

- Definition

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.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
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-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

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+ Details

Subsequent Event	6 Months Ended
Subsequent Event	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On August 4, 2015, we signed an Asset Purchase Agreement to acquire substantially all of the net assets of Ecolink Intelligent Technology, Inc. (“Ecolink”), a U.S.-based leading developer of smart home technology that designs, develops and manufactures a wide range of intelligent wireless security and home automation products. Under the terms of the Asset Purchase Agreement, we will pay an initial cash purchase price of approximately $12.4 million, plus contingent cash consideration based upon a percentage of operating income attributable to Ecolink over the next five years. We expect this transaction to close during the third quarter of 2015.

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Consolidation	In the opinion of management, the accompanying consolidated financial statements of Universal Electronics Inc. and its wholly-owned subsidiaries contain all the adjustments necessary for a fair presentation of financial position, results of operations and cash flows for the periods presented. All such adjustments are of a normal recurring nature. Information and footnote disclosures normally included in financial statements, which are prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. As used herein, the terms "Company," "we," "us," and "our" refer to Universal Electronics Inc. and its subsidiaries, unless the context indicates to the contrary. Our results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the full year. These financial statements should be read in conjunction with the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations," "Quantitative and Qualitative Disclosures About Market Risk," and the "Financial Statements and Supplementary Data" included in Items 1A, 7, 7A, and 8, respectively, of our Annual Report on Form 10-K for the year ended December 31, 2014.
Estimates, Judgments and Assumptions	Estimates, Judgments and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates, judgments 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 revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates and assumptions, including those related to revenue recognition, allowances for sales returns and doubtful accounts, inventory valuation, our review of impairment of long-lived assets, intangible assets and goodwill, income taxes and stock-based compensation expense. Actual results may differ from these estimates and assumptions, and they may be adjusted as more information becomes available. Any adjustment may be material.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers", which will supersede most existing U.S. GAAP revenue recognition guidance. This new standard requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. In addition, ASU 2014-09 contains expanded disclosure requirements relating to the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is effective for fiscal periods beginning after December 15, 2016 and permits the use of either the full retrospective or cumulative effect transition method. On July 9, 2015, the FASB postponed the effective date of the new revenue standard by one year; however, early adoption is permitted as of the original effective date. We have not yet selected a transition method and are evaluating the impact that this new standard will have on our consolidated financial statements.

Cash and Cash Equivalents (Tables)

6 Months Ended

Jun. 30, 2015

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

Cash and cash equivalents were held in the following geographic regions:



(In thousands)	June 30, 2015		December 31, 2014
United States	$	4,864	$	43,546
Asia	64,988		50,799
Europe	10,120		12,912
South America	2,190		5,264
Total cash and cash equivalents	$	82,162	$	112,521

Accounts Receivable, Net and Revenue Concentrations (Tables)

6 Months Ended

Jun. 30, 2015

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable, net were as follows:



(In thousands)	June 30, 2015			December 31, 2014
Trade receivables, gross	$	97,238		$	91,605
Allowance for doubtful accounts	(686		)	(616		)
Allowance for sales returns	(377		)	(617		)
Net trade receivables	96,175			90,372
Other	7,449			7,617
Accounts receivable, net	$	103,624		$	97,989

Allowance for Doubtful Accounts

Changes in the allowance for doubtful accounts were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2015			2014
Balance at beginning of period	$	616		$	478
Additions to costs and expenses	138			69
(Write-offs)/FX effects	(68		)	3
Balance at end of period	$	686		$	550

Schedule of Significant Customers to Net Sales

Net sales to the following customers totaled more than 10% of our net sales:



	Three Months Ended June 30,
	2015				2014
	$ (thousands)		% of Net Sales		$ (thousands)			% of Net Sales
Comcast Corporation	$	30,381	20.6	%	$	15,068		10.3	%
DIRECTV	18,125		12.3		—		⁽¹⁾	—		⁽¹⁾


⁽¹⁾	Net sales to this customer did not total more than 10% of our total net sales in the prior period.



	Six Months Ended June 30,
	2015				2014
	$ (thousands)		% of Net Sales		$ (thousands)			% of Net Sales
Comcast Corporation	$	45,958	16.4	%	$	—	⁽¹⁾	—	%	⁽¹⁾
DIRECTV	35,490		12.7		—		⁽¹⁾	—		⁽¹⁾


⁽¹⁾	Net sales to this customer did not total more than 10% of our total net sales in the prior period.

Inventories, Net and Significant Supplier(s) (Tables)

6 Months Ended

Jun. 30, 2015

Inventory Disclosure [Abstract]

Schedule of Inventories, Net

Inventories, net were as follows:



(In thousands)	June 30, 2015			December 31, 2014
Raw materials	$	33,635		$	24,763
Components	14,098			16,170
Work in process	8,416			2,622
Finished goods	55,870			56,458
Reserve for excess and obsolete inventory	(2,898		)	(2,539		)
Inventories, net	$	109,121		$	97,474

Schedule of Reserve for Excess and Obsolete Inventory

Changes in the reserve for excess and obsolete inventory were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2015			2014
Balance at beginning of period	$	2,539		$	2,714
Additions charged to costs and expenses ⁽¹⁾	1,527			1,369
Sell through ⁽²⁾	(526		)	(473		)
Write-offs/FX effects	(642		)	(1,520		)
Balance at end of period	$	2,898		$	2,090


⁽¹⁾	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.1 million and $0.2 million for the six months ended June 30, 2015 and 2014, respectively. These amounts are production waste and are not included in management's reserve for excess and obsolete inventory.


⁽²⁾	These amounts represent the reduction in reserves associated with inventory items that were sold during the period.

Schedule of Purchases from Significant Supplier(s) to Inventory

We had purchases from the following significant supplier that totaled more than 10% of our total inventory purchases as follows:



	Three Months Ended June 30,
	2015						2014
	$ (thousands)			% of Total Inventory Purchases			$ (thousands)		% of Total Inventory Purchases
Maxim Integrated Products International Limited	$	—	⁽¹⁾	—	%	⁽¹⁾	$	9,148	11.9	%


⁽¹⁾	Purchases from this supplier did not total more than 10% of our total inventory purchases in this period.



	Six Months Ended June 30,
	2015						2014
	$ (thousands)			% of Total Inventory Purchases			$ (thousands)		% of Total Inventory Purchases
Maxim Integrated Products International Limited	$	—	⁽¹⁾	—	%	⁽¹⁾	$	17,202	12.4	%


⁽¹⁾	Purchases from this supplier did not total more than 10% of our total inventory purchases in this period.

Schedule of Related Party Transactions



	Three Months Ended June 30,
	2015				2014
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party vendor	$	2,357	2.7	%	$	2,507	3.3	%



	Six Months Ended June 30,
	2015				2014
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party vendor	$	4,451	2.8	%	$	4,230	3.0	%

Total accounts payable to this vendor were as follows:



	June 30, 2015				December 31, 2014
	$ (thousands)		% of Accounts Payable		$ (thousands)		% of Accounts Payable
Related party vendor	$	2,596	3.3	%	$	2,378	3.4	%

Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill were as follows:



(In thousands)
Balance at December 31, 2014	$	30,739
FX effects	(146		)
Balance at June 30, 2015	$	30,593

Schedule of Components of Intangible Assets

The components of intangible assets, net were as follows:



	June 30, 2015							December 31, 2014
(In thousands)	Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net		Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net
Distribution rights	$	320	$	(84	)	$	236	$	347	$	(76	)	$	271
Patents	10,708		(4,605		)	6,103		10,107		(4,736		)	5,371
Trademarks and trade names	2,001		(934		)	1,067		2,001		(834		)	1,167
Developed and core technology	3,507		(1,491		)	2,016		3,506		(1,373		)	2,133
Capitalized software development costs	276		(153		)	123		276		(85		)	191
Customer relationships	26,412		(12,196		)	14,216		26,406		(10,925		)	15,481
Total intangible assets, net	$	43,224	$	(19,463	)	$	23,761	$	42,643	$	(18,029	)	$	24,614


⁽¹⁾	This table excludes the gross value of fully amortized intangible assets totaling $8.5 million and $7.9 million on June 30, 2015 and December 31, 2014, respectively.

Intangible Assets Amortization Expense

Amortization expense by income statement caption was as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2015		2014		2015		2014
Cost of sales	$	34	$	37	$	69	$	74
Selling, general and administrative	1,015		997		2,019		1,983
Total amortization expense	$	1,049	$	1,034	$	2,088	$	2,057

Schedule of Estimated Future Amortization Expense

Estimated future amortization expense related to our intangible assets at June 30, 2015, is as follows:



(In thousands)
2015 (remaining 6 months)	$	2,079
2016	4,121
2017	4,049
2018	4,022
2019	4,022
Thereafter	5,468
Total	$	23,761

Accrued Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Components of Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Accrued social insurance ⁽¹⁾	$	19,921	$	19,941
Accrued salary/wages	6,876		6,114
Accrued vacation/holiday	2,452		2,222
Accrued bonus ⁽²⁾	2,309		8,492
Accrued commission	643		1,797
Accrued medical insurance claims	190		236
Other accrued compensation	1,281		1,854
Total accrued compensation	$	33,672	$	40,656

⁽¹⁾

⁽²⁾

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Advertising and marketing	$	176	$	174
Deferred revenue	724		648
Duties	791		947
Freight and handling fees	1,255		1,522
Product development	536		751
Product warranty claim costs	24		353
Professional fees	1,466		1,493
Sales taxes and VAT	3,099		2,057
Third-party commissions	893		553
Tooling ⁽¹⁾	1,367		1,089
Unrealized loss on foreign currency exchange futures contracts	53		113
Utilities	355		275
Other	2,875		3,383
Total other accrued expenses	$	13,614	$	13,358


⁽¹⁾	The tooling accrual balance relates to unearned revenue for tooling that will be sold to customers.

Other Accrued Expenses (Tables)

6 Months Ended

Jun. 30, 2015

Payables and Accruals [Abstract]

Components of Other Accrued Expenses

The components of accrued compensation were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Accrued social insurance ⁽¹⁾	$	19,921	$	19,941
Accrued salary/wages	6,876		6,114
Accrued vacation/holiday	2,452		2,222
Accrued bonus ⁽²⁾	2,309		8,492
Accrued commission	643		1,797
Accrued medical insurance claims	190		236
Other accrued compensation	1,281		1,854
Total accrued compensation	$	33,672	$	40,656

⁽¹⁾

⁽²⁾

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2015		December 31, 2014
Advertising and marketing	$	176	$	174
Deferred revenue	724		648
Duties	791		947
Freight and handling fees	1,255		1,522
Product development	536		751
Product warranty claim costs	24		353
Professional fees	1,466		1,493
Sales taxes and VAT	3,099		2,057
Third-party commissions	893		553
Tooling ⁽¹⁾	1,367		1,089
Unrealized loss on foreign currency exchange futures contracts	53		113
Utilities	355		275
Other	2,875		3,383
Total other accrued expenses	$	13,614	$	13,358


⁽¹⁾	The tooling accrual balance relates to unearned revenue for tooling that will be sold to customers.

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2015

Commitments and Contingencies Disclosure [Abstract]

Schedule of Changes in Reserve for Product Warranty Claim Costs

Changes in the liability for product warranty claim costs were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2015			2014
Balance at beginning of period	$	353		$	41
Accruals for warranties issued during the period	—			216
Settlements (in cash or in kind) during the period	(329		)	(41		)
Balance at end of period	$	24		$	216

Treasury Stock (Tables)

6 Months Ended

Jun. 30, 2015

Equity [Abstract]

Treasury Stock

Repurchased shares of our common stock were as follows:



	Six Months Ended June 30,
(In thousands, except share data)	2015		2014
Shares repurchased	648,708		349,533
Cost of shares repurchased	$	34,297	$	14,275

Business Segment and Foreign Operations (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Schedule of Net Sales to External Customers by Geographic Area

Our net sales to external customers by geographic area were as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2015		2014		2015		2014
United States	$	62,349	$	50,662	$	117,108	$	98,558
Asia (excluding PRC)	30,645		32,114		61,665		63,632
People's Republic of China	21,368		29,087		37,204		49,757
Europe	16,112		19,244		31,134		34,515
Latin America	10,396		10,613		20,918		19,638
Other	6,681		4,595		12,227		10,060
Total net sales	$	147,551	$	146,315	$	280,256	$	276,160

Schedule of Long-lived Assets

Long-lived tangible assets by geographic area were as follows:



(In thousands)	June 30, 2015		December 31, 2014
United States	$	5,486	$	5,716
People's Republic of China	78,654		70,619
All other countries	5,604		5,271
Total long-lived tangible assets	$	89,744	$	81,606

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock-based Compensation Expense

Stock-based compensation expense by income statement caption and the related income tax benefit were as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2015		2014		2015		2014
Cost of sales	$	10	$	4	$	19	$	8
Research and development expenses	106		100		211		201
Selling, general and administrative expenses:
Employees	1,535		1,253		3,006		2,611
Outside directors	373		216		747		431
Total stock-based compensation expense	$	2,024	$	1,573	$	3,983	$	3,251

Income tax benefit	$	574	$	454	$	1,134	$	944

Schedule of Stock Option Activity

Stock option activity was as follows:



	Number of Options (in 000's)		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Terms (in years)	Aggregate Intrinsic Value (in 000's)
Outstanding at December 31, 2014	650		$	25.56
Granted	74		65.54
Exercised	(69	)	23.95			$	2,122
Forfeited/canceled/expired	(8	)	20.64
Outstanding on June 30, 2015 ⁽¹⁾	647		$	30.35	5.33	$	13,761
Vested and expected to vest on June 30, 2015⁽¹⁾	647		$	30.35	5.32	$	13,756
Exercisable on June 30, 2015 ⁽¹⁾	445		$	24.88	4.80	$	11,118

⁽¹⁾

Schedule of Black Scholes Assumptions

The assumptions we utilized in the Black-Scholes option pricing model and the resulting weighted average fair value of stock option grants were the following:



	Three Months Ended June 30,						Six Months Ended June 30, 2015
	2015			2014			2015			2014
Weighted average fair value of grants ⁽¹⁾	$	—		$	—		$	24.77		$	13.64
Risk-free interest rate	—		%	—		%	1.38		%	1.29		%
Expected volatility	—		%	—		%	43.50		%	44.84		%
Expected life in years	0.00			0.00			4.56			4.56


⁽¹⁾	The weighted average fair value of grants was calculated utilizing the stock options granted during each respective period.

Schedule of Non-vested Restricted Stock Awards Activity

Non-vested restricted stock award activity was as follows:



	Shares Granted (in 000's)		Weighted-Average Grant Date Fair Value
Non-vested at December 31, 2014	266		$	39.28
Granted	29		65.53
Vested	(57	)	33.95
Forfeited	(1	)	63.19
Non-vested at June 30, 2015	237		$	43.69

Other Income (Expense), Net (Tables)

6 Months Ended

Jun. 30, 2015

Other Income and Expenses [Abstract]

Schedule of Components of Other Income (Expense), Net

Other income (expense), net consisted of the following:



	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2015			2014			2015			2014
Net gain (loss) on foreign currency exchange contracts ⁽¹⁾	$	(167	)	$	(216	)	$	867		$	(1,265	)
Net gain (loss) on foreign currency exchange transactions	178			(71		)	(676		)	622
Other income (expense)	45			(47		)	95			(40		)
Other income (expense), net	$	56		$	(334	)	$	286		$	(683	)


⁽¹⁾	This represents the gains and (losses) incurred on foreign currency hedging derivatives (see Note 16 for further details).

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Earnings per share was calculated as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands, except per-share amounts)	2015		2014		2015		2014
BASIC
Net income	$	8,375	$	8,488	$	13,564	$	12,761
Weighted-average common shares outstanding	15,732		15,784		15,819		15,785
Basic earnings per share	$	0.53	$	0.54	$	0.86	$	0.81
DILUTED
Net income	$	8,375	$	8,488	$	13,564	$	12,761
Weighted-average common shares outstanding for basic	15,732		15,784		15,819		15,785
Dilutive effect of stock options and restricted stock	297		357		317		366
Weighted-average common shares outstanding on a diluted basis	16,029		16,141		16,136		16,151
Diluted earnings per share	$	0.52	$	0.53	$	0.84	$	0.79

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The number of stock options and shares of restricted stock excluded from the computation of diluted earnings per common share were as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
(In thousands)	2015	2014	2015	2014
Stock options	74	133	57	103
Restricted stock awards	1	—	9	14

Derivatives (Tables)

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivatives at Fair Value on a Recurring Basis

The following table sets forth the total net fair value of derivatives:



	June 30, 2015								December 31, 2014
	Fair Value Measurement Using						Total		Fair Value Measurement Using						Total
(In thousands)	(Level 1)		(Level 2)		(Level 3)		Balance		(Level 1)		(Level 2)		(Level 3)		Balance
Foreign currency exchange futures contracts	$	—	$	456	$	—	$	456	$	—	$	810	$	—	$	810

Schedule of Futures Contracts

Details of futures contracts held were as follows:



Date Held	Type	Position Held	Notional Value (in millions)		Forward Rate	Unrealized Gain/(Loss) Recorded at Balance Sheet Date (in thousands)⁽¹⁾			Settlement Date
June 30, 2015	USD/Euro	USD	$	6.0	1.1236	$	47		July 24, 2015
June 30, 2015	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	22.5	6.2645	$	181		July 17, 2015
June 30, 2015	USD/Chinese Yuan Renminbi	USD	$	4.0	6.2355	$	(13	)	July 17, 2015
June 30, 2015	USD/Chinese Yuan Renminbi	USD	$	7.5	6.2473	$	(40	)	July 17, 2015
June 30, 2015	USD/Brazilian Real	USD	$	2.5	2.7690	$	281		July 17, 2015

December 31, 2014	USD/Euro	USD	$	5.0	1.2450	$	140		January 23, 2015
December 31, 2014	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	20.0	6.2757	$	174		January 16, 2015
December 31, 2014	USD/Brazilian Real	USD	$	5.0	2.3401	$	609		January 16, 2015
December 31, 2014	USD/Brazilian Real	Brazilian Real	$	2.5	2.5442	$	(113	)	January 16, 2015


⁽¹⁾	Gains on futures contracts are recorded in prepaid expenses and other current assets. Losses on futures contracts are recorded in other accrued expenses.

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=35706170&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=35706170&loc=d3e41678-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=35706170&loc=d3e41638-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5580258-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5579245-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624171-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5579240-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35706170&loc=d3e41620-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Cash and Cash Equivalents - Geographic Information (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 82,162	$ 112,521	$ 87,642	$ 76,174
United States [Member]
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	4,864	43,546
Asia [Member]
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	64,988	50,799
Europe [Member]
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	10,120	12,912
South America [Member]
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 2,190	$ 5,264

Accounts Receivable, Net and Revenue Concentrations (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Accounts Receivable, Net, Current [Abstract]
Trade receivables, gross	$ 97,238	$ 91,605
Allowance for doubtful accounts	(686)	(616)	$ (550)	$ (478)
Allowance for sales returns	(377)	(617)
Net trade receivables	96,175	90,372
Other	7,449	7,617
Accounts receivable, net	$ 103,624	$ 97,989

Accounts Receivable, Net and Revenue Concentrations - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Schedule of Allowance for Doubtful Accounts
Balance at beginning of period	$ 616	$ 478
Additions to costs and expenses	138	69
(Write-offs)/FX effects	(68)	3
Balance at end of period	$ 686	$ 550

Accounts Receivable, Net and Revenue Concentrations - Sales Returns (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Receivables [Abstract]
Allowance for sales return	$ 0.2	$ 0.4

Accounts Receivable, Net and Revenue Concentrations - Significant Customers (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Revenue and Accounts Receivable, Major Customer [Line Items]

Net sales

$ 147,551

$ 146,315

$ 280,256

$ 276,160

Accounts receivable, net

103,624

$ 97,989

Sales [Member] | DIRECTV [Member]

Revenue and Accounts Receivable, Major Customer [Line Items]

Net sales

$ 18,125

$ 0

^[1]

$ 35,490

$ 0

^[2]

Concentration risk

12.30%

0.00%

^[1]

12.70%

0.00%

^[2]

Sales [Member] | Comcast Corporation [Member]

Revenue and Accounts Receivable, Major Customer [Line Items]

Net sales

$ 30,381

$ 15,068

$ 45,958

$ 0

^[2]

Concentration risk

20.60%

10.30%

16.40%

0.00%

^[2]

Trade Accounts Receivable [Member] | Comcast Corporation [Member]

Revenue and Accounts Receivable, Major Customer [Line Items]

Concentration risk

15.30%

Accounts receivable, net

$ 15,900

[1]	Net sales to this customer did not total more than 10% of our total net sales in the prior period.
[2]	Net sales to this customer did not total more than 10% of our total net sales in the prior period.

Inventories, Net and Significant Supplier(s) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013
Inventory Disclosure [Abstract]
Raw materials	$ 33,635	$ 24,763
Components	14,098	16,170
Work in process	8,416	2,622
Finished goods	55,870	56,458
Reserve for excess and obsolete inventory	(2,898)	(2,539)	$ (2,090)	$ (2,714)
Inventories, net	$ 109,121	$ 97,474

Inventories, Net and Significant Supplier(s) - Inventory Reserve(s) (Details) - USD ($)
$ in Thousands

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Schedule of Reserve for Excess and Obsolete Inventory

Balance at Beginning of Period

$ 2,539

$ 2,714

Additions Charged to Costs and Expenses

^[1]

1,527

1,369

Sell Through

^[2]

(526)

(473)

Write-offs/FX Effects

(642)

(1,520)

Balance at End of Period

2,898

2,090

Inventory Scrapped During Production

$ 100

$ 200

[1]	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.1 million and $0.2 million for the six months ended June 30, 2015 and 2014, respectively. These amounts are production waste and are not included in management's reserve for excess and obsolete inventory.
[2]	These amounts represent the reduction in reserves associated with inventory items that were sold during the period.

Inventories, Net And Significant Supplier(s) - Purchases from Significant Supplier(s) (Details) - Cost of Goods, Total [Member] - Supplier Concentration Risk [Member] - Maxim [Member] - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2015

^[1]

Jun. 30, 2014

Jun. 30, 2015

^[2]

Jun. 30, 2014

Concentration Risk [Line Items]

Inventory Purchases

$ 0

$ 9,148

$ 0

$ 17,202

Concentration risk

0.00%

11.90%

0.00%

12.40%

[1]	Purchases from this supplier did not total more than 10% of our total inventory purchases in this period.
[2]	Purchases from this supplier did not total more than 10% of our total inventory purchases in this period

Inventories, Net and Significant Supplier(s) - Related Party Vendor (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Executive Vice President [Member]
Related Party Transaction [Line Items]
Ownership Percentage in Third Party by Executive			40.00%
Affiliated Entity [Member] \| Supplier Concentration Risk [Member] \| Cost of Goods, Total [Member]
Related Party Transaction [Line Items]
Related Party Purchases	$ 2,357	$ 2,507	$ 4,451	$ 4,230
Concentration Risk	2.70%	3.30%	2.80%	3.00%
Affiliated Entity [Member] \| Supplier Concentration Risk [Member] \| Accounts Payable [Member]
Related Party Transaction [Line Items]
Concentration Risk			3.30%		3.40%
Related Parties, Accounts Payable	$ 2,596		$ 2,596		$ 2,378

Goodwill and Intangible Assets, Net - Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015 USD ($)
Schedule of Goodwill
Goodwill, Opening balance	$ 30,739
FX effects	(146)
Goodwill, Closing balance	$ 30,593

Goodwill and Intangible Assets, Net - Finite-Lived Intangibles (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Dec. 31, 2014

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

$ 43,224

$ 42,643

Accumulated Amortization

^[1]

(19,463)

(18,029)

Intangible assets, net

23,761

24,614

Finite-lived intangible assets, fully amortized, gross

8,500

7,900

Amortization expense

1,049

$ 1,034

2,088

$ 2,057

Cost of Sales [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Amortization expense

Selling, General and Administrative Expenses [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Amortization expense

1,015

$ 997

2,019

$ 1,983

Distribution rights

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

320

347

Accumulated Amortization

^[1]

(84)

(76)

Intangible assets, net

236

271

Patents

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

10,708

10,107

Accumulated Amortization

^[1]

(4,605)

(4,736)

Intangible assets, net

6,103

5,371

Trademarks and trade names

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

2,001

Accumulated Amortization

^[1]

(934)

(834)

Intangible assets, net

1,067

1,167

Developed and core technology

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

3,507

3,506

Accumulated Amortization

^[1]

(1,491)

(1,373)

Intangible assets, net

2,016

2,133

Capitalized software development costs

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

276

Accumulated Amortization

^[1]

(153)

(85)

Intangible assets, net

123

191

Customer relationships

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

26,412

26,406

Accumulated Amortization

^[1]

(12,196)

(10,925)

Intangible assets, net

$ 14,216

$ 15,481

[1]	This table excludes the gross value of fully amortized intangible assets totaling $8.5 million and $7.9 million on June 30, 2015 and December 31, 2014, respectively.

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Estimated Future Amortization expense
2015 (remaining 6 months)	$ 2,079
2016	4,121
2017	4,049
2018	4,022
2019	4,022
Thereafter	5,468
Intangible assets, net	$ 23,761	$ 24,614

Line of Credit (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
Line of Credit (Details) - USD ($) $ in Thousands	Oct. 09, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Line of Credit Facility [Line Items]
Short-term Debt		$ 12,000		$ 12,000		$ 0
Interest Expense, Short-term Borrowings		17	$ 0	17	$ 0
Line of Credit [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 55,000
Line of Credit [Member] \| US Bank [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%
Line of Credit [Member] \| US Bank [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.75%
Line of Credit [Member] \| US Bank [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.00%
Line of Credit [Member] \| US Bank [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.50%
Line of Credit [Member] \| US Bank [Member] \| Enson [Member]
Line of Credit Facility [Line Items]
Subsidiary ownership percentage securing facility	65.00%
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Letter of credit outstanding amount		$ 13		$ 13

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Taxes [Line Items]
Income tax expense (benefit)	$ 2,185	$ 2,781	$ 3,439	$ 4,133
Effective tax rate	20.70%	24.70%	20.20%	24.50%
Unrecognized tax benefits	$ 3,700		$ 3,700
Unrecognized tax benefits that would impact effective rate	3,200		3,200
Decrease in unrecognized tax benefits is reasonably possible in next 12 months	500		500
Accrued interest and penalties	200		200		$ 200
China
Income Taxes [Line Items]
Income tax refund			800
China \| Tax Year 2012 through 2014
Income Taxes [Line Items]
Income tax refund	$ 500		500
China \| Tax Year 2013
Income Taxes [Line Items]
Income tax refund			$ 300

Accrued Compensation (Details) - USD ($)
$ in Thousands

Jun. 30, 2015

Dec. 31, 2014

Components of Accrued Compensation

Accrued social insurance

^[1]

$ 19,921

$ 19,941

Accrued salary/wages

6,876

6,114

Accrued vacation/holiday

2,452

2,222

Accrued bonus

^[2]

2,309

8,492

Accrued commission

643

1,797

Accrued medical insurance claims

190

236

Other accrued compensation

1,281

1,854

Total accrued compensation

33,672

40,656

Accrued salaries - 13th month salaries

$ 600

[1]

[2]

Accrued bonus includes an accrual for an extra month of salary ("13th month salary") to be paid to employees in certain geographies where it is the customary business practice. This 13th month salary is paid to these employees if they remain employed with us through December 31st. The total accrued for the 13th month salary was $0.6 million and $0.6 million at June 30, 2015 and December 31, 2014, respectively.

Other Accrued Expenses (Details) - USD ($)
$ in Thousands

Jun. 30, 2015

Dec. 31, 2014

Payables and Accruals [Abstract]

Advertising and marketing

$ 176

$ 174

Deferred revenue

724

648

Duties

791

947

Freight and handling fees

1,255

1,522

Product development

536

751

Product warranty claim costs

353

Professional fees

1,466

1,493

Sales taxes and VAT

3,099

2,057

Third-party commissions

893

553

Tooling

^[1]

1,367

1,089

Unrealized loss on foreign currency exchange futures contracts

113

Utilities

355

275

Other

2,875

3,383

Total other accrued expenses

$ 13,614

$ 13,358

[1]	The tooling accrual balance relates to unearned revenue for tooling that will be sold to customers.

Commitments and Contingencies - Warranty (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Schedule of Changes in Reserve for Product Warranty Claim Costs
Balance at beginning of period	$ 353	$ 41
Accruals for warranties issued during the period	0	216
Settlements (in cash or in kind) during the period	(329)	(41)
Balance at end of period	$ 24	$ 216

Commitments and Contingencies - Gain and Loss Contingencies (Details) $ in Millions						1 Months Ended	2 Months Ended
	Jun. 10, 2015 subsidiary patent customer	Dec. 16, 2014 patent	Jun. 28, 2013 patent	Feb. 01, 2013 claim patent	Mar. 02, 2012 patent	Mar. 31, 2014 patent	Jan. 31, 2015 claim patent	Jun. 30, 2015 USD ($)	Mar. 10, 2015 USD ($)	Jan. 27, 2015 USD ($)
Patent Lawsuit Against Universal Remote Control [Member] \| Pending Litigation [Member]
Contingencies [Line Items]
Gain contingency, patents allegedly infringed upon, number		1	10	4	4
Gain contingency, claims deemed invalid, number \| claim				4
Gain contingency, claims against defendant, number \| claim				24
Gain contingency, patents found not infringed upon, number				1		2
Loss Contingency, Range of Possible Loss, Maximum \| $									$ 5.7	$ 0.2
Loss Contingency Accrual \| $								$ 0.0
Patent Lawsuit Against Universal Remote Control [Member] \| All Claims Accepted for Review by USPTO [Member]
Contingencies [Line Items]
Gain contingency, patents allegedly infringed upon, number							5
Patent Lawsuit Against Universal Remote Control [Member] \| Certain Claims Accepted for Review by USPTO [Member]
Contingencies [Line Items]
Gain contingency, patents allegedly infringed upon, number							2
Patent Lawsuit Against Universal Remote Control [Member] \| All Claims Denied for Review by USPTO [Member]
Contingencies [Line Items]
Gain contingency, patents found valid, number \| claim							3
Patent Lawsuit Against Universal Remote Control [Member] \| Total Claims Accepted for Review by USPTO [Member]
Contingencies [Line Items]
Gain contingency, patents allegedly infringed upon, number							7
Patent Lawsuit Against UEBV and Telenet [Member] \| Pending Litigation [Member]
Contingencies [Line Items]
Loss Contingency, Number of Subsidiaries Named in Lawsuit \| subsidiary	1
Loss Contingency, Number of Customers Named in Lawsuit \| customer	1
Patent Lawsuit Against UEBV and Telenet [Member] \| Pending Litigation [Member] \| Design Patents [Member]
Contingencies [Line Items]
Loss Contingency, Patents Allegedly Infringed, Number	2
Patent Lawsuit Against UEBV and Telenet [Member] \| Pending Litigation [Member] \| Utility Patent [Member]
Contingencies [Line Items]
Loss Contingency, Patents Allegedly Infringed, Number	1

Treasury Stock (Details) - USD ($) $ in Thousands	6 Months Ended
Treasury Stock (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jul. 28, 2015
Class of Stock [Line Items]
Shares repurchased (in shares)	648,708	349,533
Cost of shares repurchased	$ 34,297	$ 14,275
Treasury stock reissued (shares)		15,000
Shares available for repurchase (in shares)	526,069
Subsequent Event [Member]
Class of Stock [Line Items]
Stock repurchase program, additional number of shares authorized to be repurchased (in shares)			403,003
Stock repurchase program, number of shares authorized to be repurchased (in shares)			700,000

Business Segment and Foreign Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	$ 147,551	$ 146,315	$ 280,256	$ 276,160
United States [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	62,349	50,662	117,108	98,558
Asia (excluding PRC) [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	30,645	32,114	61,665	63,632
People's Republic of China [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	21,368	29,087	37,204	49,757
Europe [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	16,112	19,244	31,134	34,515
Latin America [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	10,396	10,613	20,918	19,638
All Other Countries [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	$ 6,681	$ 4,595	$ 12,227	$ 10,060

Business Segment and Foreign Operations - Long-lived Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Long-lived tangible assets	$ 89,744	$ 81,606
United States [Member]
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Long-lived tangible assets	5,486	5,716
People's Republic of China [Member]
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Long-lived tangible assets	78,654	70,619
All Other Countries [Member]
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Long-lived tangible assets	$ 5,604	$ 5,271

Stock-Based Compensation - Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation	$ 2,024	$ 1,573	$ 3,983	$ 3,251
Income tax benefit	574	454	1,134	944
Cost of Sales [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation	10	4	19	8
Research and development expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation	106	100	211	201
Employees [Member] \| Selling, general and administrative expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation	1,535	1,253	3,006	2,611
Outside Directors [Member] \| Selling, general and administrative expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation	$ 373	$ 216	$ 747	$ 431

Stock-Based Compensation - Option Activity (Details)
$ / shares in Units, shares in Thousands, $ in Thousands

6 Months Ended

Jun. 30, 2015

USD ($)

$ / shares

Number of Options

Outstanding at December 31, 2014 | shares

650

Granted | shares

Exercised | shares

(69)

Forfeited/canceled/expired | shares

(8)

Outstanding at June 30, 2015 | shares

647

Vested and expected to vest at June 30, 2015 | shares

647

Exercisable on June 30, 2015 | shares

445

Weighted-Average Exercise Price

Outstanding at December 31, 2014 | $ / shares

$ 25.56

Granted | $ / shares

65.54

Exercised | $ / shares

23.95

Forfeited/canceled/expired | $ / shares

20.64

Outstanding at June 30, 2015 | $ / shares

30.35

Vested and expected to vest at June 30, 2015 | $ / shares

30.35

Exercisable on June 30, 2015 | $ / shares

$ 24.88

Weighted-Average Remaining Contractual Term and Aggregate Intrinsic Value

Outstanding at June 30, 2015

5 years 3 months 28 days

Vested and expected to vest at June 30, 2015

5 years 3 months 25 days

Exercisable on June 30, 2015

4 years 9 months 17 days

Exercised | $

$ 2,122

Outstanding at June 30, 2015 | $

13,761

^[1]

Vested and expected to vest at June 30, 2015 | $

13,756

^[1]

Exercisable on June 30, 2015 | $

$ 11,118

^[1]

[1]

Stock-Based Compensation - Valuation Assumptions (Details) - $ / shares

3 Months Ended

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Weighted average fair value of grants

^[1]

$ 0.00

$ 24.77

$ 13.64

Risk-free interest rate

0.00%

1.38%

1.29%

Expected volatility

0.00%

43.50%

44.84%

Expected life in years

0 years

4 years 6 months 21 days

[1]	The weighted average fair value of grants was calculated utilizing the stock options granted during each respective period.

Stock-based Compensation (Details) $ in Millions	6 Months Ended
Stock-based Compensation (Details) $ in Millions	Jun. 30, 2015 USD ($)
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total Compensation Cost Not yet Recognized	$ 2.9
Total Compensation Cost Not yet Recognized, Period for Recognition	2 years
Non-vested restricted stock award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total Compensation Cost Not yet Recognized	$ 8.3
Total Compensation Cost Not yet Recognized, Period for Recognition	2 years 1 month 6 days

Stock-Based Compensation - Restricted Stock Activity (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2015 $ / shares shares
Number of Non-vested Restricted Stock
Non-vested at beginning of period \| shares	266
Shares Granted \| shares	29
Shares Vested \| shares	(57)
Shares Forfeited \| shares	(1)
Non-vested at end of period \| shares	237
Weighted-Average Grant Date Fair Value
Weighted-Average Grant Date Fair Value Non-vested at beginning of period \| $ / shares	$ 39.28
Weighted-Average Grant Date Fair Value Granted \| $ / shares	65.53
Weighted-Average Grant Date Fair Value Vested \| $ / shares	33.95
Weighted-Average Grant Date Fair Value Forfeited \| $ / shares	63.19
Weighted-Average Grant Date Fair Value Non-vested at end of period \| $ / shares	$ 43.69

Other Income (Expense), Net (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Other Income and Expenses [Abstract]

Net gain (loss) on foreign currency exchange contracts

^[1]

$ (167)

$ (216)

$ 867

$ (1,265)

Net gain (loss) on foreign currency exchange transactions

178

(71)

(676)

622

Other income (expense)

(47)

(40)

Other income (expense), net

$ 56

$ (334)

$ 286

$ (683)

[1]	This represents the gains and (losses) incurred on foreign currency hedging derivatives (see Note 16 for further details).

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
BASIC
Net income	$ 8,375	$ 8,488	$ 13,564	$ 12,761
Weighted-average common shares outstanding (in shares)	15,732	15,784	15,819	15,785
Basic earnings per share (in dollars per share)	$ 0.53	$ 0.54	$ 0.86	$ 0.81
DILUTED
Net income	$ 8,375	$ 8,488	$ 13,564	$ 12,761
Weighted-average common shares outstanding (in shares)	15,732	15,784	15,819	15,785
Dilutive effect of stock options and restricted stock (in shares)	297	357	317	366
Weighted-average common shares outstanding on a diluted basis (in shares)	16,029	16,141	16,136	16,151
Diluted earnings per share (in dollars per share)	$ 0.52	$ 0.53	$ 0.84	$ 0.79

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Earnings Per Share - Antidilutive Shares (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options and restricted stock excluded in computation of diluted earning per share	74	133	57	103
Restricted stock awards
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options and restricted stock excluded in computation of diluted earning per share	1	0	9	14

Derivatives (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2015

Jun. 30, 2014

Jun. 30, 2015

Jun. 30, 2014

Derivative Instruments,Gain (Loss) [Line Items]

Maximum Remaining Maturity of Foreign Currency Derivatives

9 months

Net gain (loss) on foreign currency exchange contracts

^[1]

$ (167)

$ (216)

$ 867

$ (1,265)

Not Designated as Hedging Instrument [Member] | Foreign Exchange Forward [Member] | Other Income (Expense), Net [Member]

Derivative Instruments,Gain (Loss) [Line Items]

Net gain (loss) on foreign currency exchange contracts

$ (167)

$ (216)

$ 867

$ (1,265)

[1]	This represents the gains and (losses) incurred on foreign currency hedging derivatives (see Note 16 for further details).

Derivatives - Fair Value (Details) - Fair Value, Measurements, Recurring [Member] - Foreign Exchange Forward [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Estimate of Fair Value Measurement
Derivatives, Fair Value [Line Items]
Foreign currency exchange futures contracts fair value	$ 456	$ 810
Level 1 [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange futures contracts fair value	0	0
Level 2 [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange futures contracts fair value	456	810
Level 3 [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange futures contracts fair value	$ 0	$ 0

Derivatives - Contracts Held (Details) - Not Designated as Hedging Instrument [Member] - Foreign Exchange Forward [Member]
$ in Thousands

6 Months Ended

12 Months Ended

Jun. 30, 2015

USD ($)

R$ / $

¥ / $

$ / €

Dec. 31, 2014

USD ($)

R$ / $

¥ / $

$ / €

Euro

Derivative [Line Items]

Notional Value

$ 6,000

$ 5,000

Forward Rate | $ / €

1.1236

1.245

Gain/(Loss) Recorded at Balance Sheet Date

^[1]

$ 47

$ 140

Future Contract One [Member] | Chinese Yuan Renminbi

Derivative [Line Items]

Notional Value

$ 22,500

$ 20,000

Forward Rate | ¥ / $

6.2645

6.2757

Gain/(Loss) Recorded at Balance Sheet Date

^[1]

$ 181

$ 174

Future Contract One [Member] | Brazil, Brazil Real

Derivative [Line Items]

Notional Value

$ 2,500

$ 5,000

Forward Rate | R$ / $

2.7690

2.3401

Gain/(Loss) Recorded at Balance Sheet Date

^[1]

$ 281

$ 609

Future Contract Two [Member] | Chinese Yuan Renminbi

Derivative [Line Items]

Notional Value

$ 4,000

Forward Rate | ¥ / $

6.2355

Gain/(Loss) Recorded at Balance Sheet Date

^[1]

$ (13)

Future Contract Two [Member] | Brazil, Brazil Real

Derivative [Line Items]

Notional Value

$ 2,500

Forward Rate | R$ / $

2.5442

Gain/(Loss) Recorded at Balance Sheet Date

^[1]

$ (113)

Future Contract Three [Member] | Chinese Yuan Renminbi

Derivative [Line Items]

Notional Value

$ 7,500

Forward Rate | ¥ / $

6.2473

Gain/(Loss) Recorded at Balance Sheet Date

^[1]

$ (40)

[1]	Gains on futures contracts are recorded in prepaid expenses and other current assets. Losses on futures contracts are recorded in other accrued expenses.

Subsequent Event (Details) - Scenario, Forecast [Member] - Ecolink [Member] $ in Millions	3 Months Ended
	Sep. 30, 2015 USD ($)
Subsequent Event [Line Items]
Initial cash purchase price	$ 12.4
Contingent consideration term	5 years