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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2017	Aug. 04, 2017
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, 2017
Amendment Flag	false
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Share Outstanding		14,401,295

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 49,695	$ 50,611
Restricted cash	0	4,623
Accounts receivable, net	147,738	124,592
Inventories, net	143,417	129,879
Prepaid expenses and other current assets	7,593	7,439
Income tax receivable	4,133	1,054
Deferred income taxes		5,960
Total current assets	352,576	324,158
Property, plant, and equipment, net	112,276	105,351
Goodwill	48,372	43,052
Intangible assets, net	31,619	28,549
Deferred income taxes	18,270
Deferred income taxes		10,430
Long-term restricted cash	4,716	4,600
Other assets	4,997	4,896
Total assets	572,826	521,036
Current liabilities:
Accounts payable	110,050	97,157
Line of credit	92,000	49,987
Accrued compensation	33,520	35,580
Accrued sales discounts, rebates and royalties	7,153	8,358
Accrued income taxes	1,670	375
Other accrued expenses	20,294	24,410
Total current liabilities	264,687	215,867
Long-term liabilities:
Long-term contingent consideration	12,600	10,500
Deferred income taxes	6,269
Deferred income taxes		7,060
Income tax payable	791	791
Other long-term liabilities	6,299	6,308
Total liabilities	290,646	240,526
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; 23,661,566 and 23,575,340 shares issued on June 30, 2017 and December 31, 2016, respectively	237	236
Paid-in capital	258,732	250,481
Treasury stock, at cost, 9,262,057 and 9,022,587 shares on June 30, 2017 and December 31, 2016, respectively	(237,865)	(222,980)
Accumulated other comprehensive income (loss)	(20,830)	(22,821)
Retained earnings	281,906	275,594
Total stockholders' equity	282,180	280,510
Total liabilities and stockholders' equity	$ 572,826	$ 521,036

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, shares issued (in shares)	23,661,566	23,575,340
Treasury stock, shares (in shares)	9,262,057	9,022,587

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Net sales	$ 177,580	$ 170,986	$ 338,986	$ 321,644
Cost of sales	133,829	127,530	254,201	240,541
Gross profit	43,751	43,456	84,785	81,103
Research and development expenses	4,946	5,151	10,444	10,337
Factory transition restructuring charges	449	84	5,699	1,517
Selling, general and administrative expenses	31,053	30,252	61,704	58,239
Operating income	7,303	7,969	6,938	11,010
Interest income (expense), net	(562)	(258)	(955)	(525)
Other income (expense), net	(642)	671	(59)	1,391
Income before provision for income taxes	6,099	8,382	5,924	11,876
Provision for income taxes	1,415	1,784	1,121	2,535
Net income	4,684	6,598	4,803	9,341
Net income attributable to noncontrolling interest	0	8	0	30
Net income attributable to Universal Electronics Inc.	$ 4,684	$ 6,590	$ 4,803	$ 9,311
Earnings per share attributable to Universal Electronics Inc.:
Basic (in dollars per share)	$ 0.33	$ 0.46	$ 0.33	$ 0.65
Diluted (in dollars per share)	$ 0.32	$ 0.45	$ 0.33	$ 0.63
Shares used in computing earnings per share:
Basic (in shares)	14,404	14,440	14,427	14,406
Diluted (in shares)	14,683	14,735	14,700	14,686

CONSOLIDATED COMPREHENSIVE INCOME STATEMENTS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 4,684	$ 6,598	$ 4,803	$ 9,341
Other comprehensive income (loss):
Change in foreign currency translation adjustment	608	(2,686)	1,991	(1,318)
Total comprehensive income (loss)	5,292	3,912	6,794	8,023
Comprehensive income (loss) attributable to noncontrolling interest	0	8	0	30
Comprehensive income (loss) attributable to Universal Electronics Inc.	$ 5,292	$ 3,904	$ 6,794	$ 7,993

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash provided by (used for) operating activities:
Net income	$ 4,803	$ 9,341
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	15,954	12,032
Provision for doubtful accounts	81	116
Provision for inventory write-downs	1,419	1,705
Deferred income taxes	(1,035)	165
Tax benefit from exercise of stock options and vested restricted stock	0	992
Excess tax benefit from stock-based compensation	0	(1,047)
Shares issued for employee benefit plan	591	551
Employee and director stock-based compensation	5,555	4,970
Performance-based common stock warrants	1,263	2,058
Changes in operating assets and liabilities:
Restricted cash	4,623	0
Accounts receivable	(20,427)	(9,599)
Inventories	(11,249)	982
Prepaid expenses and other assets	(121)	(243)
Accounts payable and accrued expenses	(15)	4,488
Accrued income taxes	(1,691)	(3,260)
Net cash provided by (used for) operating activities	(249)	23,251
Cash used for investing activities:
Acquisition of property, plant, and equipment	(17,519)	(17,989)
Acquisition of net assets of Residential Control Systems, Inc.	(8,854)	0
Acquisition of intangible assets	(765)	(993)
Deconsolidation of Encore Controls LLC	0	48
Net cash used for investing activities	(27,138)	(18,934)
Cash provided by (used for) financing activities:
Borrowings under line of credit	85,000	57,987
Repayments on line of credit	(42,987)	(65,000)
Proceeds from stock options exercised	842	2,536
Treasury stock purchased	(14,885)	(1,944)
Excess tax benefit from stock-based compensation	0	1,047
Net cash provided by (used for) financing activities	27,970	(5,374)
Effect of exchange rate changes on cash	(1,499)	(2,464)
Net increase (decrease) in cash and cash equivalents	(916)	(3,521)
Cash and cash equivalents at beginning of year	50,611	52,966
Cash and cash equivalents at end of period	49,695	49,445
Supplemental cash flow information:
Income taxes paid	4,142	4,647
Interest paid	$ 981	$ 609

Basis of Presentation and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2017
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 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, 2017 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, 2016. 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 for impairment of long-lived assets, intangible assets and goodwill, business combinations, income taxes, stock-based compensation expense and performance-based common stock warrants. 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, 2016 for a summary of our significant accounting policies. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("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 do not plan to early adopt ASU 2014-09. We are currently reviewing contract terms and assessing the impact of adopting this standard on our consolidated financial statements. While we are still in the process of conducting this analysis, the impact of this new guidance is expected to accelerate revenue recognition for certain of our contractual arrangements, and the impact could be material. The types of contractual arrangements for which we expect revenue recognition to be accelerated upon the adoption of ASU 2014-09 are primarily those arrangements under which we manufacture and sell customized products that have no alternative use, as defined under ASU 2014-09 and related guidance and interpretations, as well as certain licensing arrangements. We expect to complete our assessment over the next three to six months, during which time we will also select a transition method. In July 2015, the FASB issued ASU 2015-11, "Simplifying the Measurement of Inventory", which states that inventory should be measured at the lower of cost and net realizable value. Net realizable value is defined as estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. ASU 2015-11 is effective for fiscal periods beginning after December 15, 2016 and must be applied prospectively. The adoption of ASU 2015-11 did not have a material impact on our consolidated financial position or results of operations. In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes." This new guidance requires all deferred tax assets and liabilities, along with any related valuation allowance, be classified as non-current on the balance sheet. ASU 2015-17 is effective for fiscal periods beginning after December 15, 2016 and may be adopted either prospectively or retrospectively. We prospectively adopted ASU 2015-17 effective January 1, 2017, and thus prior period balance sheets have not been adjusted. The adoption of ASU 2015-17 had no impact on our consolidated results of operations or cash flows. In February 2016, the FASB issued ASU 2016-02, "Leases", which changes the accounting for leases and requires expanded disclosures about leasing activities. This new guidance will require lessees to recognize a right of use asset and a lease liability at the commencement date for all leases with terms greater than twelve months. Accounting by lessors is largely unchanged. ASU 2016-02 is effective for fiscal periods beginning after December 15, 2018 and must be adopted using a modified retrospective approach. Early adoption is permitted. We are currently evaluating the impact that ASU 2016-02 will have on our consolidated financial statements. In March 2016, the FASB issued ASU 2016-09,"Improvements to Employee Share-Based Payment Accounting", which amends Accounting Standards Codification ("ASC") 718, "Compensation - Stock Compensation". ASU 2016-09 requires excess tax benefits and tax deficiencies to be recorded as a discrete adjustment to income tax expense when stock awards vest or are settled, rather than in paid-in capital when they impact income taxes payable. This new guidance also requires cash flows related to excess tax benefits from stock-based compensation to be presented with other income tax cash flows in operating activities, rather than separately as a financing activity, in the statement of cash flows. Additionally, ASU 2016-09 impacts the calculation of diluted weighted-average shares under the treasury stock method as the assumed proceeds from an employee vesting in or exercising a stock-based award are no longer increased or decreased by the amount of excess tax benefits or deficiencies taken to paid-in capital. We elected to adopt the provisions of ASU 2016-09 prospectively effective January 1, 2017. We also made the accounting policy election, as allowed by ASU 2016-09, to account for forfeitures of stock-based awards as they occur, rather than estimating forfeitures. The cumulative effect of adopting ASU 2016-09 was an increase of $1.5 million to deferred tax assets and an increase to retained earnings of $1.5 million, as of January 1, 2017, as a result of recognizing previously unrecognized excess tax benefits from stock-based compensation. There was no cumulative effect impact related to the change in accounting policy to account for forfeitures of stock-based awards when they occur as a result of our minimal historical forfeitures experience. In August 2016, the FASB issued ASU 2016-15, "Classification of Certain Cash Receipts and Cash Payments", which amends ASC 230, "Statement of Cash Flows". This new guidance addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain transactions are classified in the statement of cash flows. ASU 2016-15 is effective for fiscal periods beginning after December 15, 2017 and must be adopted retrospectively. Early adoption is permitted as long as all amendments are adopted in the same period. We are currently evaluating the impact that ASU 2016-15 will have on our consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, "Intra-Entity Transfers of Assets Other Than Inventory", which changes the accounting for income tax consequences of intra-entity transfers of assets other than inventory. Current guidance prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. Under this new guidance, the income tax consequences of an intra-entity transfer of an asset other than inventory will be recognized when the transfer occurs. ASU 2016-16 is effective for fiscal periods beginning after December 15, 2017. Early adoption is permitted. The impact of the adoption of ASU 2016-16 could be material depending on the size of any intra-entity transfers we may implement in future periods. In November 2016, the FASB issued ASU 2016-18,"Restricted Cash", which amends ASC 230, "Statement of Cash Flows". This new guidance addresses the classifications and presentation of changes in restricted cash in the statement of cash flows. ASU 2016-18 is effective for fiscal periods beginning after December 15, 2017 and must be adopted retrospectively. Early adoption is permitted. The adoption of ASU 2016-18 will modify our current disclosures by reclassifying certain amounts within the consolidated statement of cash flows, but is not expected to have a material effect on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, "Simplifying the Test for Goodwill Impairment". This guidance simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss will be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to the reporting unit. ASU 2017-04 is effective for fiscal periods beginning after December 31, 2019. Early adoption is permitted. We do not expect the adoption of ASU 2017-04 to have a material impact on our consolidated financial statements.

Cash and Cash Equivalents and Restricted Cash

6 Months Ended

Jun. 30, 2017

Cash and Cash Equivalents [Abstract]

Cash and Cash Equivalents and Restricted Cash

Cash and Cash Equivalents

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



(In thousands)	June 30, 2017		December 31, 2016
United States	$	6,370	$	3,277
People's Republic of China ("PRC")	17,225		22,142
Asia (excluding the PRC)	4,771		5,260
Europe	17,170		19,630
South America	4,159		302
Total cash and cash equivalents	$	49,695	$	50,611

Restricted Cash

In connection with a court order issued in a now settled litigation matter, we previously placed $4.6 million of cash into a collateralized surety bond. This bond had certain restrictions for liquidation and was therefore classified as restricted cash. On February 10, 2017, the $4.6 million surety bond was returned to us upon final settlement of the related litigation matter.

In connection with the pending sale of our Guangzhou factory in the PRC (Note 10), the buyer made a cash deposit of RMB 32 million ($4.7 million based on June 30, 2017 exchange rates) into an escrow account on September 29, 2016. Under the terms of the escrow account, these funds will not be paid to us until the close of the sale. Accordingly, this deposit is presented as long-term restricted cash within our consolidated balance sheet.

- 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, 2017

Receivables [Abstract]

Accounts Receivable, Net and Revenue Concentrations

Accounts receivable, net were as follows:



(In thousands)	June 30, 2017			December 31, 2016
Trade receivables, gross	$	140,845		$	120,965
Allowance for doubtful accounts	(950		)	(904		)
Allowance for sales returns	(480		)	(539		)
Net trade receivables	139,415			119,522
Other	8,323			5,070
Accounts receivable, net	$	147,738		$	124,592

Allowance for Doubtful Accounts

Changes in the allowance for doubtful accounts were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2017			2016
Balance at beginning of period	$	904		$	822
Additions (reductions) to costs and expenses	81			116
(Write-offs)/Foreign exchange effects	(35		)	4
Balance at end of period	$	950		$	942

Sales Returns

The allowance for sales returns at June 30, 2017 and December 31, 2016 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, 2017 and December 31, 2016, respectively. The value of these returned goods was included in our inventory balance at June 30, 2017 and December 31, 2016.

Significant Customers

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



	Three Months Ended June 30,
	2017				2016
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	42,951	24.2	%	$	36,366	21.3	%
DIRECTV	17,826		10.0		20,035		11.7



	Six Months Ended June 30,
	2017				2016
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	85,198	25.1	%	$	75,975	23.6	%
DIRECTV	34,458		10.2		36,854		11.5

Trade receivables associated with these significant customers that totaled more than 10% of our accounts receivable, net were as follows:



	June 30, 2017				December 31, 2016
	$ (thousands)		% of Accounts Receivable, Net		$ (thousands)		% of Accounts Receivable, Net
Comcast Corporation	$	30,491	20.6	%	$	23,716	19.0	%
DIRECTV	15,718		10.6		12,878		10.3

- 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

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Abstract]

Inventories, Net and Significant Supplier

Inventories, net were as follows:



(In thousands)	June 30, 2017			December 31, 2016
Raw materials	$	40,035		$	33,059
Components	20,241			15,046
Work in process	5,227			5,860
Finished goods	82,121			80,119
Reserve for excess and obsolete inventory	(4,207		)	(4,205		)
Inventories, net	$	143,417		$	129,879

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)	2017			2016
Balance at beginning of period	$	4,205		$	3,045
Additions charged to costs and expenses ⁽¹⁾	1,218			1,486
Sell through ⁽²⁾	(576		)	(537		)
(Write-offs)/Foreign exchange effects	(640		)	(445		)
Balance at end of period	$	4,207		$	3,549


⁽¹⁾	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.2 million and $0.2 million for the six months ended June 30, 2017 and 2016, 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. Purchases from the following supplier totaled more than 10% of our total inventory purchases:



	Three Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Texas Instruments	$	11,450	11.0	%	$	11,437	11.8	%



	Six Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Texas Instruments	$	20,578	10.7	%	$	19,941	11.3	%

Related Party Supplier

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



	Three Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	1,638	1.6	%	$	1,977	2.0	%



	Six Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	2,584	1.3	%	$	3,589	2.0	%

Total accounts payable to this supplier were as follows:



	June 30, 2017				December 31, 2016
	$ (thousands)		% of Accounts Payable		$ (thousands)		% of Accounts Payable
Related party supplier	$	1,838	1.7	%	$	1,690	1.7	%

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

Goodwill and Intangible Assets, Net

6 Months Ended

Jun. 30, 2017

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, 2016	$	43,052
Goodwill acquired during the period ⁽¹⁾	5,294
Foreign exchange effects	26
Balance at June 30, 2017	$	48,372

⁽¹⁾During the second quarter of 2017, we recorded $5.3 million of goodwill related to the Residential Control Systems, Inc. acquisition. Refer to Note 18 for further information about this acquisition.

Intangible Assets, Net

The components of intangible assets, net were as follows:



	June 30, 2017							December 31, 2016
(In thousands)	Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net		Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net
Distribution rights	$	329	$	(143	)	$	186	$	302	$	(119	)	$	183
Patents	12,330		(4,932		)	7,398		12,038		(4,775		)	7,263
Trademarks and trade names ⁽²⁾	2,787		(1,442		)	1,345		2,400		(1,310		)	1,090
Developed and core technology	12,563		(5,065		)	7,498		12,585		(4,068		)	8,517
Capitalized software development costs	142		(42		)	100		142		(5		)	137
Customer relationships ⁽²⁾	32,751		(17,772		)	14,979		27,703		(16,344		)	11,359
Order backlog ⁽²⁾	150		(37		)	113		—		—			—
Total intangible assets, net	$	61,052	$	(29,433	)	$	31,619	$	55,170	$	(26,621	)	$	28,549


⁽¹⁾	This table excludes the gross value of fully amortized intangible assets totaling $5.7 million and $10.2 million at June 30, 2017 and December 31, 2016, respectively.

⁽²⁾

During the second quarter of 2017, we purchased a trade name valued at $0.4 million, which is being amortized ratably over eight years; customer relationships valued at $5.2 million, which are being amortized ratably over 10 years; and order backlog valued at $0.2 million, which is being amortized ratably over one year. Refer to Note 18 for further information regarding the purchase of these intangible assets.

Amortization expense is recorded in selling, general and administrative expenses, except amortization expense related to capitalized software development costs and order backlog, which are 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)	2017		2016		2017		2016
Cost of sales	$	55	$	21	$	74	$	42
Selling, general and administrative expenses	1,736		1,534		3,317		3,067
Total amortization expense	$	1,791	$	1,555	$	3,391	$	3,109

Estimated future annual amortization expense related to our intangible assets at June 30, 2017, is as follows:



(In thousands)
2017 (remaining 6 months)	$	3,582
2018	7,152
2019	7,067
2020	5,980
2021	2,575
Thereafter	5,263
Total	$	31,619

- 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, 2017
Debt Disclosure [Abstract]
Line of Credit	Line of Credit Our Amended and Restated Credit Agreement ("Amended Credit Agreement") with U.S. Bank National Association ("U.S. Bank") provides for a $125.0 million revolving line of credit ("Credit Line") that expires on November 1, 2019 and 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. There were no outstanding letters of credit at June 30, 2017. 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 that controls our manufacturing factories in the 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. The interest rate in effect at June 30, 2017 was 2.34%. 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, 2017, we were in compliance with the covenants and conditions of the Amended Credit Agreement. At June 30, 2017, we had $92.0 million outstanding under the Credit Line. Our total interest expense on borrowings was $0.6 million and $0.3 million during the three months ended June 30, 2017 and 2016, respectively. Our total interest expense on borrowings was $1.1 million and $0.6 million during the six months ended June 30, 2017 and 2016, respectively.

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2017
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 $1.4 million and $1.8 million for the three months ended June 30, 2017 and 2016, respectively. Our effective tax rate was 23.2% and 21.3% during the three months ended June 30, 2017 and 2016, respectively. The increase in the effective tax rate was primarily due to the non-deductibility of certain transactions in China as a result of the pending sale of our Guangzhou factory (Note 10). We recorded income tax expense of $1.1 million and $2.5 million for the six months ended June 30, 2017 and 2016, respectively. Our effective tax rate was 18.9% and 21.3% during the six months ended June 30, 2017 and 2016, respectively. The decrease in our effective tax rate was primarily due to the recognition of $0.4 million of excess tax benefits related to stock-based compensation during the six months ended June 30, 2017 as a result of implementing ASU 2016-09. At June 30, 2017, we had gross unrecognized tax benefits of $3.8 million, including interest and penalties, of which $3.5 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 change 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 $0.1 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 $0.3 million and $0.3 million at June 30, 2017 and December 31, 2016, respectively, are included in our unrecognized tax benefits.

Accrued Compensation

6 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Accrued social insurance ⁽¹⁾	$	17,188	$	19,974
Accrued salary/wages	8,656		7,903
Accrued vacation/holiday	2,778		2,411
Accrued bonus ⁽²⁾	1,782		2,421
Accrued commission	682		933
Accrued medical insurance claims	286		122
Other accrued compensation	2,148		1,816
Total accrued compensation	$	33,520	$	35,580

⁽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, 2017 and December 31, 2016.

⁽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 $0.7 million at June 30, 2017 and December 31, 2016, respectively.

Other Accrued Expenses

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Advertising and marketing	$	280	$	213
Deferred revenue	1,444		1,431
Duties	1,047		1,127
Freight and handling fees	1,935		1,919
Product development	502		454
Product warranty claim costs	298		134
Professional fees	1,320		1,313
Property, plant, and equipment	738		1,017
Sales taxes and VAT	2,914		2,715
Short-term contingent consideration	2,500		—
Third-party commissions	667		853
Tooling ⁽¹⁾	1,605		1,520
Unrealized loss on foreign currency exchange contracts	667		1,623
URC court order and settlement agreement (Note 2)	—		6,622
Utilities	409		331
Other	3,968		3,138
Total other accrued expenses	$	20,294	$	24,410


⁽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, 2017

Payables and Accruals [Abstract]

Other Accrued Expenses

Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Accrued social insurance ⁽¹⁾	$	17,188	$	19,974
Accrued salary/wages	8,656		7,903
Accrued vacation/holiday	2,778		2,411
Accrued bonus ⁽²⁾	1,782		2,421
Accrued commission	682		933
Accrued medical insurance claims	286		122
Other accrued compensation	2,148		1,816
Total accrued compensation	$	33,520	$	35,580

⁽¹⁾

⁽²⁾

Other Accrued Expenses

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Advertising and marketing	$	280	$	213
Deferred revenue	1,444		1,431
Duties	1,047		1,127
Freight and handling fees	1,935		1,919
Product development	502		454
Product warranty claim costs	298		134
Professional fees	1,320		1,313
Property, plant, and equipment	738		1,017
Sales taxes and VAT	2,914		2,715
Short-term contingent consideration	2,500		—
Third-party commissions	667		853
Tooling ⁽¹⁾	1,605		1,520
Unrealized loss on foreign currency exchange contracts	667		1,623
URC court order and settlement agreement (Note 2)	—		6,622
Utilities	409		331
Other	3,968		3,138
Total other accrued expenses	$	20,294	$	24,410


⁽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, 2017

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)	2017			2016
Balance at beginning of period	$	134		$	35
Accruals for warranties issued during the period	167			—
Settlements (in cash or in kind) during the period	(3		)	—
Balance at end of period	$	298		$	35

Restructuring Activities and Sale of Guangzhou Factory

In the first quarter of 2016, we implemented a plan to reduce the impact of rising labor rates in China by transitioning manufacturing activities from our southern-most China factory, located in the city of Guangzhou in the Guangdong province, to our other three China factories where labor rates are rising at a slower rate. As a result, we incurred severance costs of $5.7 million and $1.5 million during the six months ended June 30, 2017 and 2016, respectively, which are included within operating expenses. We expect to incur additional severance costs of approximately $1.5 million as we continue to execute this transition over the next three to six months. Because severance costs relate to involuntary terminations, we record the related liability at the communication date. At June 30, 2017, we had $0.2 million of unpaid severance costs included within accrued compensation.

On September 26, 2016, we entered into an agreement to sell our Guangzhou manufacturing facility for RMB 320 million (approximately $47.2 million based on June 30, 2017 exchange rates). Under the terms of this agreement, we have up to 24 months to cease all operations within the facility. The closing of the sale will be subject to customary due diligence and local regulatory approval and per the terms of the agreement could take up to approximately 28 months from the execution of the agreement. In accordance with the terms of the agreement, the buyer deposited 10% of the purchase price into an escrow account at agreement inception, which we have presented as long-term restricted cash in our consolidated balance sheet (also refer to Note 2). The remaining balance of the purchase price is to be placed into the escrow account prior to the closing of the sale and will be released to us upon closing.

Litigation

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 sought to enjoin Telenet and UEBV from continued distribution and use of the products at issue. After the September 29, 2015 hearing, the court issued its ruling in our and Telenet’s favor, rejecting FMH and Ruwido’s request entirely. On October 22, 2015, Ruwido filed its notice of appeal in this ruling. The parties have fully briefed and argued before the appellate court and we are awaiting the appellate court’s ruling. In addition, on or about February 9, 2016, Ruwido filed a writ of summons for proceeding on the merits with respect to asserted patents. UEBV and Telenet have replied, denying all of Ruwido's allegations and in June 2017, a hearing was held before the trial court. We are awaiting the ruling from the trial court. Finally, in September 2015, UEBV filed an Opposition with the European Patent Office seeking to invalidate the one utility patent asserted against UEBV and Telenet by Ruwido. The hearing on this opposition was held in July 2017. During this hearing the panel requested additional information. We are in the process of assembling this additional information and scheduling a date for rehearing.

On January 26, 2017, OpenTV, Inc., Nagra USA, Inc., Nagravision SA, and Kudelski SA (collectively, the “Kudelski Group”) filed a request with the U.S. International Trade Commission (“ITC”) to institute an investigation pursuant to Section 337 of the Tariff Act of 1930, as amended, concerning certain remote control devices we supply Comcast Corporation (“Comcast”) to which the ITC agreed to accept this request. On July 21, 2017, the Kudelski Group filed a motion to terminate the investigation as to all parties, including us. We expect this motion to be accepted soon by the ITC.

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, 2017

Equity [Abstract]

Treasury Stock

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, 2017, we had 148,853 shares available for repurchase on the open market under the Board's authorizations. On July 26, 2017, our Board increased these repurchase authorizations by 51,147 shares bringing the total authorization as of the approval date to 200,000 shares. Shares may also be tendered by employees to satisfy tax withholding obligations in connection with the vesting of restricted stock.

Repurchased shares of our common stock were as follows:



	Six Months Ended June 30,
(In thousands)	2017		2016
Shares repurchased	239		36
Cost of shares repurchased	$	14,885	$	1,944

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.

Business Segment and Foreign Operations

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
United States	$	85,569	$	90,872	$	167,497	$	174,810
Asia (excluding PRC)	26,916		20,618		51,566		42,191
People's Republic of China	21,835		23,153		37,578		40,079
Europe	19,740		18,544		37,164		34,327
Latin America	15,381		11,686		31,026		19,241
Other	8,139		6,113		14,155		10,996
Total net sales	$	177,580	$	170,986	$	338,986	$	321,644

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, 2017		December 31, 2016
United States	$	13,004	$	11,948
People's Republic of China	100,300		94,113
All other countries	3,969		4,186
Total long-lived tangible assets	$	117,273	$	110,247

- 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

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+ Details

Stock-Based Compensation

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
Cost of sales	$	19	$	15	$	34	$	29
Research and development expenses	144		137		263		273
Selling, general and administrative expenses:
Employees	1,975		1,731		3,719		3,576
Outside directors	794		594		1,539		1,092
Total employee and director stock-based compensation expense	$	2,932	$	2,477	$	5,555	$	4,970

Income tax benefit	$	889	$	736	1,704		1,469

Stock Options

Stock option activity was as follows:



	Number of Options (in 000's)		Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (in 000's)
Outstanding at December 31, 2016	652		$	39.27
Granted	92		62.70
Exercised	(35	)	24.41			$	1,555
Forfeited/canceled/expired	(18	)	28.08
Outstanding at June 30, 2017 ⁽¹⁾	691		$	43.41	4.88	$	16,207
Vested and expected to vest at June 30, 2017⁽¹⁾	691		$	43.41	4.88	$	16,204
Exercisable at June 30, 2017 ⁽¹⁾	424		$	35.97	4.25	$	13,092

⁽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 2017 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, 2017. 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,
	2017			2016			2017			2016
Weighted average fair value of grants	$	—		$	—		$	19.61		$	17.96
Risk-free interest rate	—		%	—		%	1.75		%	1.36		%
Expected volatility	—		%	—		%	34.25		%	41.38		%
Expected life in years	0.00			0.00			4.52			4.55

As of June 30, 2017, we expect to recognize $4.3 million of total unrecognized pre-tax stock-based compensation expense related to non-vested stock options over a remaining weighted-average life of 1.9 years.

Restricted Stock

Non-vested restricted stock award activity was as follows:



	Shares (in 000's)		Weighted-Average Grant Date Fair Value
Non-vested at December 31, 2016	153		$	57.43
Granted	99		63.40
Vested	(43	)	59.64
Forfeited	(4	)	60.64
Non-vested at June 30, 2017	205		$	59.78

As of June 30, 2017, we expect to recognize $9.6 million of total unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards over a weighted-average life of 2.0 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Performance-Based Common Stock Warrants

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Performance-Based Common Stock Warrants

On March 9, 2016, we issued common stock purchase warrants to Comcast to purchase up to 725,000 shares of our common stock at a price of $54.55 per share. The right to exercise the warrants is subject to vesting over three successive two-year periods (with the first two-year period commencing on January 1, 2016) based on the level of purchases of goods and services from us by Comcast and its affiliates, as defined in the warrants. The table below presents the purchase levels and number of warrants that will vest in each period based upon achieving these purchase levels.



	Incremental Warrants That Will Vest
Aggregate Level of Purchases by Comcast and Affiliates	January 1, 2016 - December 31, 2017	January 1, 2018 - December 31, 2019	January 1, 2020 - December 31, 2021
$260 million	100,000	100,000	75,000
$300 million	75,000	75,000	75,000
$340 million	75,000	75,000	75,000
Maximum Potential Warrants Earned by Comcast	250,000	250,000	225,000

If total aggregate purchases by Comcast and its affiliates are below $260 million in any of the two-year periods above, no warrants will vest related to that two-year period. If total aggregate purchases of goods and services by Comcast and its affiliates exceed $340 million during either the first or second two-year period, the amount of any such excess will count toward aggregate purchases in the following two-year period. To fully vest in the rights to purchase all of the underlying shares, Comcast and its affiliates must purchase an aggregate of $1.02 billion in goods and services from us during the six-year vesting period.

Any and all warrants that vest will expire on January 1, 2023. The warrants provide for certain adjustments that may be made to the exercise price and the number of shares issuable upon exercise due to customary anti-dilution provisions. Additionally, in connection with the warrants, we have also entered into a registration rights agreement with Comcast under which Comcast may from time to time request that we register the shares of common stock underlying vested warrants with the SEC.

Because the warrants contain performance criteria under which Comcast must achieve specified aggregate purchase levels for the warrants to vest, as detailed above, the measurement date for the warrants is the date on which the warrants vest. At June 30, 2017, none of the warrants had vested.

The fair value of the warrants is determined using the Black-Scholes option pricing model. The assumptions we utilized and the resulting fair value of the warrants were the following:



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Fair value	$	28.89		$	35.88		$	28.89		$	35.88
Price of Universal Electronics Inc. common stock	$	67.21		$	71.16		$	67.21		$	71.16
Risk-free interest rate	1.95		%	1.22		%	1.95		%	1.22		%
Expected volatility	35.05		%	41.17		%	35.05		%	41.17		%
Expected life in years	5.50			6.50			5.50			6.50

The impact to net sales recorded in connection with the warrants and the related income tax benefit were as follows:



	Three months ended June 30,				Six months ended June 30,
(in thousands)	2017		2016		2017		2016
Reduction to net sales	$	331	$	1,193	$	1,263	$	2,059
Income tax benefit	123		438		471		756

At June 30, 2017, we estimated the number of warrants that will vest based on the combination of purchases already made and projected future purchases that will be made by Comcast and its affiliates. These estimates may increase or decrease based on actual future purchases. The aggregate unrecognized estimated fair value of unvested warrants at June 30, 2017 was $17.0 million.

Other Income (Expense), Net

6 Months Ended

Jun. 30, 2017

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)	2017			2016			2017			2016
Net gain (loss) on foreign currency exchange contracts ⁽¹⁾	$	(1,598	)	$	(477	)	$	(1,364	)	$	(676	)
Net gain (loss) on foreign currency exchange transactions	1,006			1,105			1,336			2,016
Other income (expense)	(50		)	43			(31		)	51
Other income (expense), net	$	(642	)	$	671		$	(59	)	$	1,391


⁽¹⁾	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 17 for further details).

Earnings Per Share

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
BASIC
Net income attributable to Universal Electronics Inc.	$	4,684	$	6,590	$	4,803	$	9,311
Weighted-average common shares outstanding	14,404		14,440		14,427		14,406
Basic earnings per share attributable to Universal Electronics Inc.	$	0.33	$	0.46	$	0.33	$	0.65

DILUTED
Net income attributable to Universal Electronics Inc.	$	4,684	$	6,590	$	4,803	$	9,311
Weighted-average common shares outstanding for basic	14,404		14,440		14,427		14,406
Dilutive effect of stock options and restricted stock	279		295		273		280
Weighted-average common shares outstanding on a diluted basis	14,683		14,735		14,700		14,686
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.32	$	0.45	$	0.33	$	0.63

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)	2017	2016	2017	2016
Stock options	165	78	147	167
Restricted stock awards	—	1	29	10

Derivatives

6 Months Ended

Jun. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

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



	June 30, 2017										December 31, 2016
	Fair Value Measurement Using							Total Balance			Fair Value Measurement Using							Total Balance
(In thousands)	Level 1		Level 2			Level 3		Total Balance			Level 1		Level 2			Level 3		Total Balance
Foreign currency exchange contracts	$	—	$	(479	)	$	—	$	(479	)	$	—	$	(1,584	)	$	—	$	(1,584	)

We held foreign currency exchange contracts, which resulted in a net pre-tax loss of $1.6 million and $0.5 million for the three months ended June 30, 2017 and 2016, respectively. For the six months ended June 30, 2017 and 2016, we had a net pre-tax loss of $1.4 million and $0.7 million, respectively (see Note 15).

Details of foreign currency exchange 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, 2017	USD/Euro	USD	$	21.0	1.1149	$	(537	)	July 28, 2017
June 30, 2017	USD/Chinese Yuan Renminbi	USD	$	12.0	6.8655	$	(128	)	July 28, 2017
June 30, 2017	USD/Brazilian Real	USD	$	4.5	3.2330	$	188		October 20, 2017
June 30, 2017	USD/Brazilian Real	BRL	$	1.0	3.3660	$	(2	)	October 20, 2017

December 31, 2016	USD/Euro	USD	$	18.0	1.0513	$	(61	)	January 27, 2017
December 31, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	25.0	6.7230	$	(974	)	January 13, 2017
December 31, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	10.0	6.6757	$	(457	)	January 13, 2017
December 31, 2016	USD/Brazilian Real	USD	$	2.0	3.4775	$	(131	)	January 13, 2017
December 31, 2016	USD/Brazilian Real	USD	$	4.0	3.2316	$	39		January 13, 2017


⁽¹⁾	Unrealized gains on foreign currency exchange contracts are recorded in prepaid expenses and other current assets. Unrealized losses on foreign currency exchange 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

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+ Details

Business Combination

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Business Combination

On April 6, 2017, we acquired substantially all of the net assets of Residential Control Systems, Inc. ("RCS"), a U.S.-based designer and manufacturer of energy management and control products for the residential, small commercial and hospitality markets. The initial purchase price of $12.6 million was comprised of $8.9 million in cash, which is subject to adjustment based on the final acquired working capital balances, and $3.7 million of contingent consideration. Additionally, we incurred approximately $0.1 million in acquisition costs, consisting primarily of accounting related expenses, which are included within selling, general and administrative expenses for the three and six months ended June 30, 2017. The acquisition of these assets will allow us to expand our product offering of home sensing, monitoring and control solutions to include smart thermostat, sensing and monitoring products currently sold and marketed by RCS.

Our consolidated income statement for the three and six months ended June 30, 2017 includes net sales of $1.4 million and a net loss of $0.4 million attributable to RCS for the period commencing on April 6, 2017.

Contingent Consideration

The initial purchase price is subject to adjustment for differences between the initial estimated working capital balances and the final adjusted balances. In accordance with the terms of the RCS Asset Purchase Agreement ("APA"), any adjustment to the initial purchase price must be completed within 120 days of the acquisition date. We expect this calculation to be completed in the third quarter of 2017.

We are required to make additional earnout payments of up to $10.0 million upon the achievement of certain operating income levels attributable to RCS over the period commencing on the acquisition date through June 30, 2022. The amount of contingent consideration is calculated at the end of each calendar year and is based upon the agreed upon percentage of operating income as defined in the APA. Operating income will be calculated using certain revenues, costs and expenses directly attributable to RCS as specified in the APA. At the acquisition date, the value of earnout contingent consideration was estimated using a valuation methodology based on projections of future operating income calculated in accordance with the APA. Such projections were then discounted using an average discount rate of 24.8% to reflect the risk in achieving the projected operating income levels as well as the time value of money. The fair value measurement of the earnout contingent consideration was based primarily on significant inputs not observable in an active market and thus represents a Level 3 measurement as defined under U.S. GAAP. The fair value of earnout consideration is presented as long-term contingent consideration in our consolidated balance sheet at June 30, 2017.

Preliminary Purchase Price Allocation

Using the acquisition method of accounting, the acquisition date fair value of the consideration transferred was allocated to the net tangible and intangible assets acquired and liabilities assumed based on their estimated fair values on the acquisition date. The excess of the purchase price over the estimated fair value of net assets acquired is recorded as goodwill. The goodwill is expected to be deductible for income tax purposes. Management's preliminary purchase price allocation as of June 30, 2017 was the following:



(in thousands)	Estimated Lives	Preliminary Fair Value
Accounts receivable		$	429
Inventories		1,460
Prepaid expenses and other current assets		6
Property, plant and equipment	1-4 years	14
Current liabilities		(399		)
Net tangible assets acquired		1,510
Trade name	8 years	400
Customer relationships	10 years	5,200
Order backlog	1 year	150
Goodwill		5,294
Total purchase price		12,554
Less: Contingent consideration		(3,700		)
Cash paid		$	8,854

Management's determination of the fair value of intangible assets acquired are based primarily on significant inputs not observable in an active market and thus represent Level 3 fair value measurements as defined under U.S. GAAP.

The fair value assigned to the RCS trade name intangible asset was determined utilizing a relief from royalty method. Under the relief from royalty method, the fair value of the intangible asset is estimated to be the present value of the royalties saved because the company owns the intangible asset. Revenue projections and estimated useful life were significant inputs into estimating the value of the RCS trade name.

The fair value assigned to RCS customer relationships and order backlog intangible assets were determined utilizing a multi-period excess earnings approach. Under the multi-period excess earnings approach, the fair value of the intangible asset is estimated to be the present value of future earnings attributable to the asset and utilizes revenue and cost projections, including an assumed contributory asset charge.

The trade name, customer relationships, and order backlog intangible assets are expected to be deductible for income tax purposes.

Pro Forma Results (Unaudited)

The following unaudited pro forma financial information presents the combined results of our operations and the operations of RCS as if this transaction had occurred on January 1, 2016. This unaudited pro forma financial information is not intended to represent or be indicative of the consolidated results of operations that would have been achieved had the acquisition actually been completed as of January 1, 2016, and should not be taken as a projection of the future consolidated results of our operations.



	Three Months Ended June 30, 2017				Six Months Ended June 30, 2017
(In thousands, except per-share amounts)	2017		2016		2017		2016
Net sales	$	177,580	$	172,308	$	339,548	$	326,514
Net income	4,767		6,381		4,541		9,367
Net income attributable to Universal Electronics Inc.	4,767		6,373		4,541		9,337
Basic earnings per share attributable to Universal Electronics Inc.	$	0.33	$	0.44	$	0.31	$	0.65
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.32	$	0.43	$	0.31	$	0.64

For purposes of determining pro forma net income attributable to Universal Electronics Inc., adjustments were made to all periods presented in the table above. The pro forma net income and net income attributable to Universal Electronics Inc. assumes that amortization of acquired intangible assets began at January 1, 2016 rather than on April 6, 2017. The result is a net increase in amortization expense of $0.1 million for the six months ended June 30, 2017 and a net increase in amortization expense of $0.2 million and $0.4 million for the three and six months ended June 30, 2016, respectively. Additionally, acquisition costs totaling $0.1 million are excluded from pro forma net income attributable to Universal Electronics Inc. All adjustments have been made net of their related tax effects.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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+ Details

Basis of Presentation and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	In the opinion of management, the accompanying consolidated financial statements of Universal Electronics Inc. and its 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, 2017 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, 2016.
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 for impairment of long-lived assets, intangible assets and goodwill, business combinations, income taxes, stock-based compensation expense and performance-based common stock warrants. 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	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("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 do not plan to early adopt ASU 2014-09. We are currently reviewing contract terms and assessing the impact of adopting this standard on our consolidated financial statements. While we are still in the process of conducting this analysis, the impact of this new guidance is expected to accelerate revenue recognition for certain of our contractual arrangements, and the impact could be material. The types of contractual arrangements for which we expect revenue recognition to be accelerated upon the adoption of ASU 2014-09 are primarily those arrangements under which we manufacture and sell customized products that have no alternative use, as defined under ASU 2014-09 and related guidance and interpretations, as well as certain licensing arrangements. We expect to complete our assessment over the next three to six months, during which time we will also select a transition method. In July 2015, the FASB issued ASU 2015-11, "Simplifying the Measurement of Inventory", which states that inventory should be measured at the lower of cost and net realizable value. Net realizable value is defined as estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. ASU 2015-11 is effective for fiscal periods beginning after December 15, 2016 and must be applied prospectively. The adoption of ASU 2015-11 did not have a material impact on our consolidated financial position or results of operations. In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes." This new guidance requires all deferred tax assets and liabilities, along with any related valuation allowance, be classified as non-current on the balance sheet. ASU 2015-17 is effective for fiscal periods beginning after December 15, 2016 and may be adopted either prospectively or retrospectively. We prospectively adopted ASU 2015-17 effective January 1, 2017, and thus prior period balance sheets have not been adjusted. The adoption of ASU 2015-17 had no impact on our consolidated results of operations or cash flows. In February 2016, the FASB issued ASU 2016-02, "Leases", which changes the accounting for leases and requires expanded disclosures about leasing activities. This new guidance will require lessees to recognize a right of use asset and a lease liability at the commencement date for all leases with terms greater than twelve months. Accounting by lessors is largely unchanged. ASU 2016-02 is effective for fiscal periods beginning after December 15, 2018 and must be adopted using a modified retrospective approach. Early adoption is permitted. We are currently evaluating the impact that ASU 2016-02 will have on our consolidated financial statements. In March 2016, the FASB issued ASU 2016-09,"Improvements to Employee Share-Based Payment Accounting", which amends Accounting Standards Codification ("ASC") 718, "Compensation - Stock Compensation". ASU 2016-09 requires excess tax benefits and tax deficiencies to be recorded as a discrete adjustment to income tax expense when stock awards vest or are settled, rather than in paid-in capital when they impact income taxes payable. This new guidance also requires cash flows related to excess tax benefits from stock-based compensation to be presented with other income tax cash flows in operating activities, rather than separately as a financing activity, in the statement of cash flows. Additionally, ASU 2016-09 impacts the calculation of diluted weighted-average shares under the treasury stock method as the assumed proceeds from an employee vesting in or exercising a stock-based award are no longer increased or decreased by the amount of excess tax benefits or deficiencies taken to paid-in capital. We elected to adopt the provisions of ASU 2016-09 prospectively effective January 1, 2017. We also made the accounting policy election, as allowed by ASU 2016-09, to account for forfeitures of stock-based awards as they occur, rather than estimating forfeitures. The cumulative effect of adopting ASU 2016-09 was an increase of $1.5 million to deferred tax assets and an increase to retained earnings of $1.5 million, as of January 1, 2017, as a result of recognizing previously unrecognized excess tax benefits from stock-based compensation. There was no cumulative effect impact related to the change in accounting policy to account for forfeitures of stock-based awards when they occur as a result of our minimal historical forfeitures experience. In August 2016, the FASB issued ASU 2016-15, "Classification of Certain Cash Receipts and Cash Payments", which amends ASC 230, "Statement of Cash Flows". This new guidance addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain transactions are classified in the statement of cash flows. ASU 2016-15 is effective for fiscal periods beginning after December 15, 2017 and must be adopted retrospectively. Early adoption is permitted as long as all amendments are adopted in the same period. We are currently evaluating the impact that ASU 2016-15 will have on our consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, "Intra-Entity Transfers of Assets Other Than Inventory", which changes the accounting for income tax consequences of intra-entity transfers of assets other than inventory. Current guidance prohibits the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party. Under this new guidance, the income tax consequences of an intra-entity transfer of an asset other than inventory will be recognized when the transfer occurs. ASU 2016-16 is effective for fiscal periods beginning after December 15, 2017. Early adoption is permitted. The impact of the adoption of ASU 2016-16 could be material depending on the size of any intra-entity transfers we may implement in future periods. In November 2016, the FASB issued ASU 2016-18,"Restricted Cash", which amends ASC 230, "Statement of Cash Flows". This new guidance addresses the classifications and presentation of changes in restricted cash in the statement of cash flows. ASU 2016-18 is effective for fiscal periods beginning after December 15, 2017 and must be adopted retrospectively. Early adoption is permitted. The adoption of ASU 2016-18 will modify our current disclosures by reclassifying certain amounts within the consolidated statement of cash flows, but is not expected to have a material effect on our consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, "Simplifying the Test for Goodwill Impairment". This guidance simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss will be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to the reporting unit. ASU 2017-04 is effective for fiscal periods beginning after December 31, 2019. Early adoption is permitted. We do not expect the adoption of ASU 2017-04 to have a material impact on our consolidated financial statements.

Cash and Cash Equivalents and Restricted Cash (Tables)

6 Months Ended

Jun. 30, 2017

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, 2017		December 31, 2016
United States	$	6,370	$	3,277
People's Republic of China ("PRC")	17,225		22,142
Asia (excluding the PRC)	4,771		5,260
Europe	17,170		19,630
South America	4,159		302
Total cash and cash equivalents	$	49,695	$	50,611

Accounts Receivable, Net and Revenue Concentrations (Tables)

6 Months Ended

Jun. 30, 2017

Receivables [Abstract]

Schedule of Accounts Receivable and Allowance for Doubtful Accounts

Accounts receivable, net were as follows:



(In thousands)	June 30, 2017			December 31, 2016
Trade receivables, gross	$	140,845		$	120,965
Allowance for doubtful accounts	(950		)	(904		)
Allowance for sales returns	(480		)	(539		)
Net trade receivables	139,415			119,522
Other	8,323			5,070
Accounts receivable, net	$	147,738		$	124,592

Allowance for Doubtful Accounts

Changes in the allowance for doubtful accounts were as follows:



(In thousands)	Six Months Ended June 30,
(In thousands)	2017			2016
Balance at beginning of period	$	904		$	822
Additions (reductions) to costs and expenses	81			116
(Write-offs)/Foreign exchange effects	(35		)	4
Balance at end of period	$	950		$	942

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,
	2017				2016
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	42,951	24.2	%	$	36,366	21.3	%
DIRECTV	17,826		10.0		20,035		11.7



	Six Months Ended June 30,
	2017				2016
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	85,198	25.1	%	$	75,975	23.6	%
DIRECTV	34,458		10.2		36,854		11.5

Schedule of Significant Customers to Accounts Receivable

Trade receivables associated with these significant customers that totaled more than 10% of our accounts receivable, net were as follows:



	June 30, 2017				December 31, 2016
	$ (thousands)		% of Accounts Receivable, Net		$ (thousands)		% of Accounts Receivable, Net
Comcast Corporation	$	30,491	20.6	%	$	23,716	19.0	%
DIRECTV	15,718		10.6		12,878		10.3

Inventories, Net and Significant Supplier (Tables)

6 Months Ended

Jun. 30, 2017

Inventory Disclosure [Abstract]

Schedule of Inventories, Net

Inventories, net were as follows:



(In thousands)	June 30, 2017			December 31, 2016
Raw materials	$	40,035		$	33,059
Components	20,241			15,046
Work in process	5,227			5,860
Finished goods	82,121			80,119
Reserve for excess and obsolete inventory	(4,207		)	(4,205		)
Inventories, net	$	143,417		$	129,879

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)	2017			2016
Balance at beginning of period	$	4,205		$	3,045
Additions charged to costs and expenses ⁽¹⁾	1,218			1,486
Sell through ⁽²⁾	(576		)	(537		)
(Write-offs)/Foreign exchange effects	(640		)	(445		)
Balance at end of period	$	4,207		$	3,549


⁽¹⁾	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.2 million and $0.2 million for the six months ended June 30, 2017 and 2016, 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 Significant Supplier Transactions

Purchases from the following supplier totaled more than 10% of our total inventory purchases:



	Three Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Texas Instruments	$	11,450	11.0	%	$	11,437	11.8	%



	Six Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Texas Instruments	$	20,578	10.7	%	$	19,941	11.3	%

Schedule of Related Party Transactions

Inventory purchases from this supplier were as follows:



	Three Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	1,638	1.6	%	$	1,977	2.0	%



	Six Months Ended June 30,
	2017				2016
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	2,584	1.3	%	$	3,589	2.0	%

Total accounts payable to this supplier were as follows:



	June 30, 2017				December 31, 2016
	$ (thousands)		% of Accounts Payable		$ (thousands)		% of Accounts Payable
Related party supplier	$	1,838	1.7	%	$	1,690	1.7	%

Goodwill and Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2017

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, 2016	$	43,052
Goodwill acquired during the period ⁽¹⁾	5,294
Foreign exchange effects	26
Balance at June 30, 2017	$	48,372

Schedule of Components of Intangible Assets

The components of intangible assets, net were as follows:



	June 30, 2017							December 31, 2016
(In thousands)	Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net		Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net
Distribution rights	$	329	$	(143	)	$	186	$	302	$	(119	)	$	183
Patents	12,330		(4,932		)	7,398		12,038		(4,775		)	7,263
Trademarks and trade names ⁽²⁾	2,787		(1,442		)	1,345		2,400		(1,310		)	1,090
Developed and core technology	12,563		(5,065		)	7,498		12,585		(4,068		)	8,517
Capitalized software development costs	142		(42		)	100		142		(5		)	137
Customer relationships ⁽²⁾	32,751		(17,772		)	14,979		27,703		(16,344		)	11,359
Order backlog ⁽²⁾	150		(37		)	113		—		—			—
Total intangible assets, net	$	61,052	$	(29,433	)	$	31,619	$	55,170	$	(26,621	)	$	28,549


⁽¹⁾	This table excludes the gross value of fully amortized intangible assets totaling $5.7 million and $10.2 million at June 30, 2017 and December 31, 2016, respectively.

⁽²⁾

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)	2017		2016		2017		2016
Cost of sales	$	55	$	21	$	74	$	42
Selling, general and administrative expenses	1,736		1,534		3,317		3,067
Total amortization expense	$	1,791	$	1,555	$	3,391	$	3,109

Schedule of Estimated Future Amortization Expense

Estimated future annual amortization expense related to our intangible assets at June 30, 2017, is as follows:



(In thousands)
2017 (remaining 6 months)	$	3,582
2018	7,152
2019	7,067
2020	5,980
2021	2,575
Thereafter	5,263
Total	$	31,619

Accrued Compensation (Tables)

6 Months Ended

Jun. 30, 2017

Payables and Accruals [Abstract]

Components of Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Accrued social insurance ⁽¹⁾	$	17,188	$	19,974
Accrued salary/wages	8,656		7,903
Accrued vacation/holiday	2,778		2,411
Accrued bonus ⁽²⁾	1,782		2,421
Accrued commission	682		933
Accrued medical insurance claims	286		122
Other accrued compensation	2,148		1,816
Total accrued compensation	$	33,520	$	35,580

⁽¹⁾

⁽²⁾

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Advertising and marketing	$	280	$	213
Deferred revenue	1,444		1,431
Duties	1,047		1,127
Freight and handling fees	1,935		1,919
Product development	502		454
Product warranty claim costs	298		134
Professional fees	1,320		1,313
Property, plant, and equipment	738		1,017
Sales taxes and VAT	2,914		2,715
Short-term contingent consideration	2,500		—
Third-party commissions	667		853
Tooling ⁽¹⁾	1,605		1,520
Unrealized loss on foreign currency exchange contracts	667		1,623
URC court order and settlement agreement (Note 2)	—		6,622
Utilities	409		331
Other	3,968		3,138
Total other accrued expenses	$	20,294	$	24,410


⁽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, 2017

Payables and Accruals [Abstract]

Components of Other Accrued Expenses

The components of accrued compensation were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Accrued social insurance ⁽¹⁾	$	17,188	$	19,974
Accrued salary/wages	8,656		7,903
Accrued vacation/holiday	2,778		2,411
Accrued bonus ⁽²⁾	1,782		2,421
Accrued commission	682		933
Accrued medical insurance claims	286		122
Other accrued compensation	2,148		1,816
Total accrued compensation	$	33,520	$	35,580

⁽¹⁾

⁽²⁾

The components of other accrued expenses were as follows:



(In thousands)	June 30, 2017		December 31, 2016
Advertising and marketing	$	280	$	213
Deferred revenue	1,444		1,431
Duties	1,047		1,127
Freight and handling fees	1,935		1,919
Product development	502		454
Product warranty claim costs	298		134
Professional fees	1,320		1,313
Property, plant, and equipment	738		1,017
Sales taxes and VAT	2,914		2,715
Short-term contingent consideration	2,500		—
Third-party commissions	667		853
Tooling ⁽¹⁾	1,605		1,520
Unrealized loss on foreign currency exchange contracts	667		1,623
URC court order and settlement agreement (Note 2)	—		6,622
Utilities	409		331
Other	3,968		3,138
Total other accrued expenses	$	20,294	$	24,410


⁽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, 2017

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)	2017			2016
Balance at beginning of period	$	134		$	35
Accruals for warranties issued during the period	167			—
Settlements (in cash or in kind) during the period	(3		)	—
Balance at end of period	$	298		$	35

Treasury Stock (Tables)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Schedule of Repurchased Shares of Common Stock

Repurchased shares of our common stock were as follows:



	Six Months Ended June 30,
(In thousands)	2017		2016
Shares repurchased	239		36
Cost of shares repurchased	$	14,885	$	1,944

Business Segment and Foreign Operations (Tables)

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
United States	$	85,569	$	90,872	$	167,497	$	174,810
Asia (excluding PRC)	26,916		20,618		51,566		42,191
People's Republic of China	21,835		23,153		37,578		40,079
Europe	19,740		18,544		37,164		34,327
Latin America	15,381		11,686		31,026		19,241
Other	8,139		6,113		14,155		10,996
Total net sales	$	177,580	$	170,986	$	338,986	$	321,644

Schedule of Long-lived Assets

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



(In thousands)	June 30, 2017		December 31, 2016
United States	$	13,004	$	11,948
People's Republic of China	100,300		94,113
All other countries	3,969		4,186
Total long-lived tangible assets	$	117,273	$	110,247

Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
Cost of sales	$	19	$	15	$	34	$	29
Research and development expenses	144		137		263		273
Selling, general and administrative expenses:
Employees	1,975		1,731		3,719		3,576
Outside directors	794		594		1,539		1,092
Total employee and director stock-based compensation expense	$	2,932	$	2,477	$	5,555	$	4,970

Income tax benefit	$	889	$	736	1,704		1,469

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 Term (in years)	Aggregate Intrinsic Value (in 000's)
Outstanding at December 31, 2016	652		$	39.27
Granted	92		62.70
Exercised	(35	)	24.41			$	1,555
Forfeited/canceled/expired	(18	)	28.08
Outstanding at June 30, 2017 ⁽¹⁾	691		$	43.41	4.88	$	16,207
Vested and expected to vest at June 30, 2017⁽¹⁾	691		$	43.41	4.88	$	16,204
Exercisable at June 30, 2017 ⁽¹⁾	424		$	35.97	4.25	$	13,092

⁽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,
	2017			2016			2017			2016
Weighted average fair value of grants	$	—		$	—		$	19.61		$	17.96
Risk-free interest rate	—		%	—		%	1.75		%	1.36		%
Expected volatility	—		%	—		%	34.25		%	41.38		%
Expected life in years	0.00			0.00			4.52			4.55

Schedule of Non-vested Restricted Stock Awards Activity

Non-vested restricted stock award activity was as follows:



	Shares (in 000's)		Weighted-Average Grant Date Fair Value
Non-vested at December 31, 2016	153		$	57.43
Granted	99		63.40
Vested	(43	)	59.64
Forfeited	(4	)	60.64
Non-vested at June 30, 2017	205		$	59.78

Performance-Based Common Stock Warrants (Tables)

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Schedule of Purchase Level and Number of Warrants That Will Vest

The table below presents the purchase levels and number of warrants that will vest in each period based upon achieving these purchase levels.



	Incremental Warrants That Will Vest
Aggregate Level of Purchases by Comcast and Affiliates	January 1, 2016 - December 31, 2017	January 1, 2018 - December 31, 2019	January 1, 2020 - December 31, 2021
$260 million	100,000	100,000	75,000
$300 million	75,000	75,000	75,000
$340 million	75,000	75,000	75,000
Maximum Potential Warrants Earned by Comcast	250,000	250,000	225,000

Schedule of Fair Value Assumptions Used

The fair value of the warrants is determined using the Black-Scholes option pricing model. The assumptions we utilized and the resulting fair value of the warrants were the following:



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Fair value	$	28.89		$	35.88		$	28.89		$	35.88
Price of Universal Electronics Inc. common stock	$	67.21		$	71.16		$	67.21		$	71.16
Risk-free interest rate	1.95		%	1.22		%	1.95		%	1.22		%
Expected volatility	35.05		%	41.17		%	35.05		%	41.17		%
Expected life in years	5.50			6.50			5.50			6.50

Schedule of Impact to Net Sales Due to Warrants



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Fair value	$	28.89		$	35.88		$	28.89		$	35.88
Price of Universal Electronics Inc. common stock	$	67.21		$	71.16		$	67.21		$	71.16
Risk-free interest rate	1.95		%	1.22		%	1.95		%	1.22		%
Expected volatility	35.05		%	41.17		%	35.05		%	41.17		%
Expected life in years	5.50			6.50			5.50			6.50

The impact to net sales recorded in connection with the warrants and the related income tax benefit were as follows:

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Other Income (Expense), Net (Tables)

6 Months Ended

Jun. 30, 2017

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)	2017			2016			2017			2016
Net gain (loss) on foreign currency exchange contracts ⁽¹⁾	$	(1,598	)	$	(477	)	$	(1,364	)	$	(676	)
Net gain (loss) on foreign currency exchange transactions	1,006			1,105			1,336			2,016
Other income (expense)	(50		)	43			(31		)	51
Other income (expense), net	$	(642	)	$	671		$	(59	)	$	1,391


⁽¹⁾	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 17 for further details).

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2017

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)	2017		2016		2017		2016
BASIC
Net income attributable to Universal Electronics Inc.	$	4,684	$	6,590	$	4,803	$	9,311
Weighted-average common shares outstanding	14,404		14,440		14,427		14,406
Basic earnings per share attributable to Universal Electronics Inc.	$	0.33	$	0.46	$	0.33	$	0.65

DILUTED
Net income attributable to Universal Electronics Inc.	$	4,684	$	6,590	$	4,803	$	9,311
Weighted-average common shares outstanding for basic	14,404		14,440		14,427		14,406
Dilutive effect of stock options and restricted stock	279		295		273		280
Weighted-average common shares outstanding on a diluted basis	14,683		14,735		14,700		14,686
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.32	$	0.45	$	0.33	$	0.63

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)	2017	2016	2017	2016
Stock options	165	78	147	167
Restricted stock awards	—	1	29	10

Derivatives (Tables)

6 Months Ended

Jun. 30, 2017

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, 2017										December 31, 2016
	Fair Value Measurement Using							Total Balance			Fair Value Measurement Using							Total Balance
(In thousands)	Level 1		Level 2			Level 3		Total Balance			Level 1		Level 2			Level 3		Total Balance
Foreign currency exchange contracts	$	—	$	(479	)	$	—	$	(479	)	$	—	$	(1,584	)	$	—	$	(1,584	)

Schedule of Futures Contracts

Details of foreign currency exchange 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, 2017	USD/Euro	USD	$	21.0	1.1149	$	(537	)	July 28, 2017
June 30, 2017	USD/Chinese Yuan Renminbi	USD	$	12.0	6.8655	$	(128	)	July 28, 2017
June 30, 2017	USD/Brazilian Real	USD	$	4.5	3.2330	$	188		October 20, 2017
June 30, 2017	USD/Brazilian Real	BRL	$	1.0	3.3660	$	(2	)	October 20, 2017

December 31, 2016	USD/Euro	USD	$	18.0	1.0513	$	(61	)	January 27, 2017
December 31, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	25.0	6.7230	$	(974	)	January 13, 2017
December 31, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	10.0	6.6757	$	(457	)	January 13, 2017
December 31, 2016	USD/Brazilian Real	USD	$	2.0	3.4775	$	(131	)	January 13, 2017
December 31, 2016	USD/Brazilian Real	USD	$	4.0	3.2316	$	39		January 13, 2017


⁽¹⁾	Unrealized gains on foreign currency exchange contracts are recorded in prepaid expenses and other current assets. Unrealized losses on foreign currency exchange 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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&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=64837297&loc=SL5624171-113959

Reference 8: 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=64837297&loc=SL5579240-113959

Reference 9: 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=64837297&loc=d3e41620-113959

Reference 10: 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

Business Combination (Tables)

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Schedule of Preliminary Purchase Price Allocation

Management's preliminary purchase price allocation as of June 30, 2017 was the following:



(in thousands)	Estimated Lives	Preliminary Fair Value
Accounts receivable		$	429
Inventories		1,460
Prepaid expenses and other current assets		6
Property, plant and equipment	1-4 years	14
Current liabilities		(399		)
Net tangible assets acquired		1,510
Trade name	8 years	400
Customer relationships	10 years	5,200
Order backlog	1 year	150
Goodwill		5,294
Total purchase price		12,554
Less: Contingent consideration		(3,700		)
Cash paid		$	8,854

Pro Forma Information



	Three Months Ended June 30, 2017				Six Months Ended June 30, 2017
(In thousands, except per-share amounts)	2017		2016		2017		2016
Net sales	$	177,580	$	172,308	$	339,548	$	326,514
Net income	4,767		6,381		4,541		9,367
Net income attributable to Universal Electronics Inc.	4,767		6,373		4,541		9,337
Basic earnings per share attributable to Universal Electronics Inc.	$	0.33	$	0.44	$	0.31	$	0.65
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.32	$	0.43	$	0.31	$	0.64

Basis of Presentation and Significant Accounting Policies (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jan. 01, 2017
Deferred tax asset increase	$ 18,270
Accounting Standards Update 2016-09
Deferred tax asset increase		$ 1,500
Retained Earnings \| Accounting Standards Update 2016-09
Retained earnings increase		$ 1,500

Cash and Cash Equivalents and Restricted Cash (Details) $ in Thousands, ¥ in Millions	Feb. 10, 2017 USD ($)	Jun. 30, 2017 USD ($)	Dec. 31, 2016 USD ($)	Sep. 26, 2016 CNY (¥)	Jun. 30, 2016 USD ($)	Dec. 31, 2015 USD ($)	Sep. 04, 2015 USD ($)
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents		$ 49,695	$ 50,611		$ 49,445	$ 52,966
Restricted Cash [Abstract]
Long-term restricted cash		4,716	4,600
Disposed of by sale \| Guangzhou Factory
Restricted Cash [Abstract]
Long-term restricted cash		4,700		¥ 32
Surety bond
Restricted Cash [Abstract]
Restricted cash							$ 4,600
Return of surety bond	$ 4,600
United States
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents		6,370	3,277
People's Republic of China (PRC)
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents		17,225	22,142
Asia (excluding the PRC)
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents		4,771	5,260
Europe
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents		17,170	19,630
South America
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents		$ 4,159	$ 302

Accounts Receivable, Net and Revenue Concentrations - Accounts Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Accounts Receivable, Net, Current [Abstract]
Trade receivables, gross	$ 140,845	$ 120,965
Allowance for doubtful accounts	(950)	(904)	$ (942)	$ (822)
Allowance for sales returns	(480)	(539)
Net trade receivables	139,415	119,522
Other	8,323	5,070
Accounts receivable, net	$ 147,738	$ 124,592

Accounts Receivable, Net and Revenue Concentrations - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Schedule of Allowance for Doubtful Accounts
Balance at beginning of period	$ 904	$ 822
Additions (reductions) to costs and expenses	81	116
(Write-offs)/Foreign exchange effects	(35)	4
Balance at end of period	$ 950	$ 942

Accounts Receivable, Net and Revenue Concentrations - Sales Returns (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
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		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Revenue and Accounts Receivable, Major Customer [Line Items]
Net sales	$ 177,580	$ 170,986	$ 338,986	$ 321,644
Accounts receivable, net	147,738		147,738		$ 124,592
Sales \| Comcast Corporation
Revenue and Accounts Receivable, Major Customer [Line Items]
Net sales	$ 42,951	$ 36,366	$ 85,198	$ 75,975
Concentration risk percentage	24.20%	21.30%	25.10%	23.60%
Sales \| DIRECTV
Revenue and Accounts Receivable, Major Customer [Line Items]
Net sales	$ 17,826	$ 20,035	$ 34,458	$ 36,854
Concentration risk percentage	10.00%	11.70%	10.20%	11.50%
Trade accounts receivable \| Comcast Corporation
Revenue and Accounts Receivable, Major Customer [Line Items]
Concentration risk percentage			20.60%		19.00%
Accounts receivable, net	$ 30,491		$ 30,491		$ 23,716
Trade accounts receivable \| DIRECTV
Revenue and Accounts Receivable, Major Customer [Line Items]
Concentration risk percentage			10.60%		10.30%
Accounts receivable, net	$ 15,718		$ 15,718		$ 12,878

Inventories, Net and Significant Supplier - Inventories, Net (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 40,035	$ 33,059
Components	20,241	15,046
Work in process	5,227	5,860
Finished goods	82,121	80,119
Reserve for excess and obsolete inventory	(4,207)	(4,205)	$ (3,549)	$ (3,045)
Inventories, net	$ 143,417	$ 129,879

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

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Schedule of Reserve for Excess and Obsolete Inventory [Rollforward]

Balance at beginning of period

$ 4,205

$ 3,045

Additions charged to costs and expenses

^[1]

1,218

1,486

Sell through

^[2]

(576)

(537)

(Write-offs)/Foreign exchange effects

(640)

(445)

Balance at end of period

4,207

3,549

Inventory scrapped during production

$ 200

[1]	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.2 million and $0.2 million for the six months ended June 30, 2017 and 2016, 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 - Purchases from Significant Supplier (Details) - Texas Instrument - Cost of goods - Related party supplier - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Concentration Risk [Line Items]
Purchases from significant supplier	$ 11,450	$ 11,437	$ 20,578	$ 19,941
Concentration risk percentage	11.00%	11.80%	10.70%	11.30%

Inventories, Net and Significant Supplier - Related Party Supplier (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Executive Vice President
Related Party Transaction
Ownership percentage in third party by executive			40.00%
Affiliated Entity \| Related party supplier \| Cost of goods
Related Party Transaction
Purchases from related party	$ 1,638	$ 1,977	$ 2,584	$ 3,589
Concentration risk percentage	1.60%	2.00%	1.30%	2.00%
Affiliated Entity \| Related party supplier \| Accounts payable
Related Party Transaction
Concentration risk percentage			1.70%		1.70%
Accounts payable	$ 1,838		$ 1,838		$ 1,690

Goodwill and Intangible Assets, Net - Goodwill (Details)
$ in Thousands

6 Months Ended

Jun. 30, 2017

USD ($)

Goodwill [Line Items]

Goodwill, Acquired During Period

$ 5,294

^[1]

Goodwill [Roll Forward]

Balance at December 31, 2016

43,052

Foreign exchange effects

Balance at June 30, 2017

48,372

Residential Control Systems, Inc

Goodwill [Roll Forward]

Balance at June 30, 2017

$ 5,294

[1]	During the second quarter of 2017, we recorded $5.3 million of goodwill related to the Residential Control Systems, Inc. acquisition. Refer to Note 18 for further information about this acquisition.

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

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Dec. 31, 2016

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

$ 61,052

$ 55,170

Accumulated Amortization

^[1]

(29,433)

(26,621)

Net

31,619

28,549

Finite-lived intangible assets, fully amortized, gross

5,700

10,200

Amortization expense

1,791

$ 1,555

3,391

$ 3,109

Cost of sales

Finite-Lived Intangible Assets, Net [Abstract]

Amortization expense

Selling, general and administrative expenses

Finite-Lived Intangible Assets, Net [Abstract]

Amortization expense

1,736

$ 1,534

3,317

$ 3,067

Distribution rights

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

329

302

Accumulated Amortization

^[1]

(143)

(119)

Net

186

183

Patents

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

12,330

12,038

Accumulated Amortization

^[1]

(4,932)

(4,775)

Net

7,398

7,263

Trademarks and trade names (2)

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1],[2]

2,787

2,400

Accumulated Amortization

^[1],[2]

(1,442)

(1,310)

Net

^[2]

1,345

1,090

Developed and core technology

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

12,563

12,585

Accumulated Amortization

^[1]

(5,065)

(4,068)

Net

7,498

8,517

Capitalized software development costs

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

142

Accumulated Amortization

^[1]

(42)

(5)

Net

100

137

Customer relationships (2)

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1],[2]

32,751

27,703

Accumulated Amortization

^[1],[2]

(17,772)

(16,344)

Net

^[2]

14,979

11,359

Order backlog (2)

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

150

Accumulated Amortization

^[1]

(37)

Net

113

$ 0

Residential Control Systems, Inc | Customer relationships (2)

Finite-Lived Intangible Assets, Net [Abstract]

Finite-lived intangible assets

5,200

$ 5,200

Estimated lives, Finite-lived intangible asset

10 years

Residential Control Systems, Inc | Order backlog (2)

Finite-Lived Intangible Assets, Net [Abstract]

Finite-lived intangible assets

150

$ 150

Residential Control Systems, Inc | Trade name

Finite-Lived Intangible Assets, Net [Abstract]

Finite-lived intangible assets

$ 400

Estimated lives, Finite-lived intangible asset

8 years

[1]

This table excludes the gross value of fully amortized intangible assets totaling $5.7 million and $10.2 million at June 30, 2017 and December 31, 2016, respectively.

[2]

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule of Estimated Future Amortization expense
2017 (remaining 6 months)	$ 3,582
2018	7,152
2019	7,067
2020	5,980
2021	2,575
Thereafter	5,263
Net	$ 31,619	$ 28,549

Line of Credit (Details) - USD ($)		3 Months Ended		6 Months Ended
Line of Credit (Details) - USD ($)	Apr. 14, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Sep. 19, 2016
Line of Credit Facility [Line Items]
Amount outstanding under line of credit		$ 92,000,000		$ 92,000,000		$ 49,987,000
Interest expense on borrowings		600,000	$ 300,000	1,100,000	$ 600,000
Line of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity							$ 125,000,000
Letter of credit outstanding amount		$ 0		$ 0
Line of Credit \| US Bank
Line of Credit Facility [Line Items]
Effective interest rate		2.34%		2.34%
Commitment fees				$ 0
Line of Credit \| US Bank \| London Interbank Offered Rate (LIBOR) \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%
Line of Credit \| US Bank \| London Interbank Offered Rate (LIBOR) \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.75%
Line of Credit \| US Bank \| Base Rate \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.00%
Line of Credit \| US Bank \| Base Rate \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.50%
Line of Credit \| US Bank \| Enson
Line of Credit Facility [Line Items]
Subsidiary ownership percentage securing facility	65.00%

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 1,415	$ 1,784	$ 1,121	$ 2,535
Effective tax rate	23.20%	21.30%	18.90%	21.30%
Excess tax benefits related to stock-based compensation			$ 400
Unrecognized tax benefits	$ 3,800		3,800
Unrecognized tax benefits that would impact effective rate	3,500		3,500
Decrease in unrecognized tax benefits is reasonably possible in next 12 months	100		100
Accrued interest and penalties	$ 300		$ 300		$ 300

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

Jun. 30, 2017

Dec. 31, 2016

Components of Accrued Compensation

Accrued social insurance

^[1]

$ 17,188

$ 19,974

Accrued salary/wages

8,656

7,903

Accrued vacation/holiday

2,778

2,411

Accrued bonus

^[2]

1,782

2,421

Accrued commission

682

933

Accrued medical insurance claims

286

122

Other accrued compensation

2,148

1,816

Total accrued compensation

33,520

35,580

Accrued salaries - 13th month salaries

$ 600

$ 700

[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 $0.7 million at June 30, 2017 and December 31, 2016, respectively.

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

Jun. 30, 2017

Dec. 31, 2016

Jun. 30, 2016

Dec. 31, 2015

Payables and Accruals [Abstract]

Advertising and marketing

$ 280

$ 213

Deferred revenue

1,444

1,431

Duties

1,047

1,127

Freight and handling fees

1,935

1,919

Product development

502

454

Product warranty claim costs

298

134

$ 35

Professional fees

1,320

1,313

Property, plant, and equipment

738

1,017

Sales taxes and VAT

2,914

2,715

Short-term contingent consideration

2,500

Third-party commissions

667

853

Tooling

^[1]

1,605

1,520

Unrealized loss on foreign currency exchange contracts

667

1,623

URC court order and settlement agreement

6,622

Utilities

409

331

Other

3,968

3,138

Total other accrued expenses

$ 20,294

$ 24,410

[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, 2017	Jun. 30, 2016
Schedule of Changes in Reserve for Product Warranty Claim Costs
Balance at beginning of period	$ 134	$ 35
Accruals for warranties issued during the period	167	0
Settlements (in cash or in kind) during the period	(3)	0
Balance at end of period	$ 298	$ 35

Commitments and Contingencies - Restructuring Activities and Sale of Guangzhou Factory (Details) $ in Thousands, ¥ in Millions		3 Months Ended		6 Months Ended
	Sep. 26, 2016 CNY (¥)	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)
Restructuring Cost and Reserve [Line Items]
Factory transition restructuring charges		$ 449	$ 84	$ 5,699	$ 1,517
Guangzhou Factory \| Disposed of by sale
Restructuring Cost and Reserve [Line Items]
Consideration	¥ 320	47,200		47,200
Period to cease operations (up to)	24 months
Expected term of completion	28 months
Escrow deposit as percentage of purchase price	10.00%
Employee severance \| Manufacturing activities transition
Restructuring Cost and Reserve [Line Items]
Additional restructuring expenses expected to be incurred		1,500		1,500
Employee severance \| Manufacturing activities transition \| Accrued compensation
Restructuring Cost and Reserve [Line Items]
Unpaid severance costs		$ 200		200
Employee severance \| Manufacturing activities transition \| Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Factory transition restructuring charges				$ 5,700	$ 1,500

Commitments and Contingencies - Gain and Loss Contingencies (Details) - Patent Lawsuit Against UEBV and Telenet - Pending litigation		1 Months Ended
	Jun. 10, 2015 product subsidiary patent customer	Sep. 30, 2015 patent
Contingencies [Line Items]
Number of subsidiaries named in lawsuit \| subsidiary	1
Number of customers named in lawsuit \| customer	1
Design patents
Contingencies [Line Items]
Number of products named in lawsuit \| product	1
Number of patents allegedly infringed upon	2
Utility patent
Contingencies [Line Items]
Number of patents allegedly infringed upon	1	1

Treasury Stock (Details) - USD ($) $ in Thousands	6 Months Ended
Treasury Stock (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jul. 26, 2017
Equity, Class of Treasury Stock [Line Items]
Shares available for repurchase (in shares)	148,853
Shares repurchased (in shares)	239,000	36,000
Cost of shares repurchased	$ 14,885	$ 1,944
Subsequent Event
Equity, Class of Treasury Stock [Line Items]
Shares available for repurchase (in shares)			200,000
Increase in shares available for repurchase (in shares)			51,147

Business Segment and Foreign Operations - Foreign Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	$ 177,580	$ 170,986	$ 338,986	$ 321,644
United States
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	85,569	90,872	167,497	174,810
Asia (excluding the PRC)
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	26,916	20,618	51,566	42,191
People's Republic of China (PRC)
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	21,835	23,153	37,578	40,079
Europe
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	19,740	18,544	37,164	34,327
Latin America
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	15,381	11,686	31,026	19,241
Other
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	$ 8,139	$ 6,113	$ 14,155	$ 10,996

Business Segment and Foreign Operations - Long-lived Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	$ 117,273	$ 110,247
United States
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	13,004	11,948
People's Republic of China (PRC)
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	100,300	94,113
All other countries
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	$ 3,969	$ 4,186

Stock-Based Compensation - Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total employee and director stock-based compensation expense	$ 2,932	$ 2,477	$ 5,555	$ 4,970
Income tax benefit	889	736	1,704	1,469
Cost of sales
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total employee and director stock-based compensation expense	19	15	34	29
Research and development expenses
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total employee and director stock-based compensation expense	144	137	263	273
Selling, general and administrative expenses \| Employees
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total employee and director stock-based compensation expense	1,975	1,731	3,719	3,576
Selling, general and administrative expenses \| Outside directors
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total employee and director stock-based compensation expense	$ 794	$ 594	$ 1,539	$ 1,092

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

6 Months Ended

Jun. 30, 2017

USD ($)

$ / shares

Number of Options (in 000's)

Outstanding at beginning of period (in shares) | shares

652

Granted (in shares) | shares

Exercised (in shares) | shares

(35)

Forfeited/canceled/expired (in shares) | shares

(18)

Outstanding at end of period (in shares) | shares

691

^[1]

Vested and expected to vest at end of period (in shares) | shares

691

^[1]

Exercisable at end of period (in shares) | shares

424

^[1]

Weighted-Average Exercise Price

Outstanding at beginning of period (in dollars per share) | $ / shares

$ 39.27

Granted (in dollars per share) | $ / shares

62.70

Exercised (in dollars per share) | $ / shares

24.41

Forfeited/canceled/expired (in dollars per share) | $ / shares

28.08

Outstanding at end of period (in dollars per share) | $ / shares

43.41

^[1]

Vested and expected to vest at end of period (in dollars per share) | $ / shares

43.41

^[1]

Exercisable at end of period (in dollars per share) | $ / shares

$ 35.97

^[1]

Weighted-Average Remaining Contractual Term (in years)

Outstanding at end of period

4 years 10 months 17 days

^[1]

Vested and expected to vest at end of period

4 years 10 months 17 days

^[1]

Exercisable at end of period

4 years 3 months

^[1]

Exercised | $

$ 1,555

Outstanding at end of period | $

16,207

^[1]

Vested and expected to vest at end of period | $

16,204

^[1]

Exercisable at end of period | $

$ 13,092

^[1]

[1]

Stock-Based Compensation - Valuation Assumptions (Details) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted average fair value of grants (in dollars per share)	$ 0.00	$ 0.00	$ 19.61	$ 17.96
Risk-free interest rate	0.00%	0.00%	1.75%	1.36%
Expected volatility	0.00%	0.00%	34.25%	41.38%
Expected life in years	0 years	0 years	4 years 6 months 7 days	4 years 6 months 18 days

Stock-based Compensation - Additional Disclosures (Details) $ in Millions	6 Months Ended
	Jun. 30, 2017 USD ($)
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized pre-tax stock-based compensation expense	$ 4.3
Unrecognized pre-tax stock-based compensation expense, remaining weighted-average life	1 year 10 months 24 days
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized pre-tax stock-based compensation expense	$ 9.6
Unrecognized pre-tax stock-based compensation expense, remaining weighted-average life	2 years

Stock-Based Compensation - Restricted Stock Activity (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2017 $ / shares shares
Shares (in 000's)
Non-vested at beginning of period (in shares) \| shares	153
Granted (in shares) \| shares	99
Vested (in shares) \| shares	(43)
Forfeited (in shares) \| shares	(4)
Non-vested at end of period (in shares) \| shares	205
Weighted-Average Grant Date Fair Value
Non-vested at beginning of period (in dollars per share) \| $ / shares	$ 57.43
Granted (in dollars per share) \| $ / shares	63.40
Vested (in dollars per share) \| $ / shares	59.64
Forfeited (in dollars per share) \| $ / shares	60.64
Non-vested at end of period (in dollars per share) \| $ / shares	$ 59.78

Performance-Based Common Stock Warrants - Additional Disclosures (Details) - Common stock purchase warrant	Mar. 09, 2016 USD ($) vesting_period $ / shares shares	Jun. 30, 2017 USD ($) shares
Class of Warrant or Right [Line Items]
Number of shares called by warrants (in shares) \| shares	725,000
Exercise price of warrants (in dollars per share) \| $ / shares	$ 54.55
Number of vesting periods \| vesting_period	3
Term of successive voting periods (in years)	2 years
Vesting period one (in years)	2 years
Total vesting period (in years)	6 years
Warrants vested (in shares) \| shares		0
Unrecognized fair value of unvested warrants		$ 17,000,000
Supply threshold
Class of Warrant or Right [Line Items]
Supply threshold level one, amount	$ 260,000,000
Supply threshold level three, amount	340,000,000
Supply threshold, amount	$ 1,020,000,000.00

Performance-Based Common Stock Warrants - Purchase Level and Number of Warrants to Vest (Details) - Supply threshold - Common stock purchase warrant	Mar. 09, 2016 USD ($) shares
Class of Warrant or Right [Line Items]
Supply threshold level one, amount \| $	$ 260,000,000
Supply threshold level two, amount \| $	300,000,000
Supply threshold level three, amount \| $	$ 340,000,000
Incremental warrants that will vest, vesting period one, supply threshold level one (in shares)	100,000
Incremental warrants that will vest, vesting period one, supply threshold level two (in shares)	75,000
Incremental warrants that will vest, vesting period one, supply threshold level three (in shares)	75,000
Maximum potential warrants that will vest, vesting period one (in shares)	250,000
Incremental warrants that will vest, vesting period two, supply threshold level one (in shares)	100,000
Incremental warrants that will vest, vesting period two, supply threshold level two (in shares)	75,000
Incremental warrants that will vest, vesting period two, supply threshold level three (in shares)	75,000
Maximum potential warrants that will vest, vesting period two (in shares)	250,000
Incremental warrants that will vest, vesting period three, supply threshold level one (in shares)	75,000
Incremental warrants that will vest, vesting period three, supply threshold level two (in shares)	75,000
Incremental warrants that will vest, vesting period three, supply threshold level three (in shares)	75,000
Maximum potential warrants that will vest, vesting period three (in shares)	225,000

Performance-Based Common Stock Warrants - Fair Value Assumptions (Details) - Common stock purchase warrant - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Class of Warrant or Right [Line Items]
Fair value (in dollars per share)	$ 28.89	$ 35.88	$ 28.89	$ 35.88
Price of Universal Electronics Inc. common stock (in dollars per share)	$ 67.210	$ 71.155	$ 67.210	$ 71.155
Risk-free interest rate	1.95%	1.22%	1.95%	1.22%
Expected volatility	35.05%	41.17%	35.05%	41.17%
Expected life in years	5 years 6 months	6 years 6 months	5 years 6 months	6 years 6 months

Performance-Based Common Stock Warrants Performance-Based Common Stock Warrants - (Details) - Common stock purchase warrant - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Class of Warrant or Right [Line Items]
Reduction to net sales	$ 331	$ 1,193	$ 1,263	$ 2,059
Income tax benefit	$ 123	$ 438	$ 471	$ 756

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

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Other Income and Expenses [Abstract]

Net gain (loss) on foreign currency exchange contracts

^[1]

$ (1,598)

$ (477)

$ (1,364)

$ (676)

Net gain (loss) on foreign currency exchange transactions

1,006

1,105

1,336

2,016

Other income (expense)

(50)

(31)

Other income (expense), net

$ (642)

$ 671

$ (59)

$ 1,391

[1]	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 17 for further details).

Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
BASIC
Net income attributable to Universal Electronics Inc.	$ 4,684	$ 6,590	$ 4,803	$ 9,311
Weighted-average common shares outstanding (in shares)	14,404	14,440	14,427	14,406
Basic earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.33	$ 0.46	$ 0.33	$ 0.65
DILUTED
Net income attributable to Universal Electronics Inc.	$ 4,684	$ 6,590	$ 4,803	$ 9,311
Weighted-average common shares outstanding (in shares)	14,404	14,440	14,427	14,406
Dilutive effect of stock options and restricted stock (in shares)	279	295	273	280
Weighted-average common shares outstanding on a diluted basis (in shares)	14,683	14,735	14,700	14,686
Diluted earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.32	$ 0.45	$ 0.33	$ 0.63

Earnings Per Share - Antidilutive Shares (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
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 (in shares)	165	78	147	167
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 (in shares)	0	1	29	10

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

3 Months Ended

6 Months Ended

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2017

Jun. 30, 2016

Derivative Instruments,Gain (Loss) [Line Items]

Net loss on foreign currency exchange contracts

^[1]

$ 1,598

$ 477

$ 1,364

$ 676

Other income (expense), net | Not designated as hedging instrument | Foreign currency exchange contracts

Derivative Instruments,Gain (Loss) [Line Items]

Net loss on foreign currency exchange contracts

$ 1,600

$ 500

$ 1,400

$ 700

[1]	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 17 for further details).

Derivatives - Fair Value (Details) - Fair Value Measurement Using - Foreign currency exchange contracts - Not designated as hedging instrument - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Estimate of fair value measurement
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	$ (479)	$ (1,584)
Level 1
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	0	0
Level 2
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	(479)	(1,584)
Level 3
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	$ 0	$ 0

Derivatives - Contracts Held (Details) - Not designated as hedging instrument

6 Months Ended

12 Months Ended

Jun. 30, 2017

USD ($)

$ / ¥

R$ / $

$ / R$

$ / €

Dec. 31, 2016

USD ($)

¥ / $

$ / R$

$ / €

Foreign currency exchange contracts | USD/Euro

Derivative [Line Items]

Notional value

$ 21,000,000.0

$ 18,000,000

Forward rate | $ / €

1.1149

1.0513

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (537,000)

$ (61,000)

Foreign currency exchange contracts | USD/Chinese Yuan Renminbi

Derivative [Line Items]

Notional value

$ 12,000,000

Forward rate | $ / ¥

6.8655

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (128,000)

Foreign currency exchange contract, One | USD/Brazilian Real

Derivative [Line Items]

Notional value

$ 4,500,000.0

$ 2,000,000

Forward rate | $ / R$

3.233

3.4775

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ 188,000

$ (131,000)

Foreign currency exchange contract, Two | USD/Brazilian Real

Derivative [Line Items]

Notional value

$ 1,000,000

$ 4,000,000

Forward rate

3.366

3.2316

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (2,000)

$ 39,000

Foreign currency exchange contract, Three | USD/Chinese Yuan Renminbi

Derivative [Line Items]

Notional value

$ 10,000,000

Forward rate | ¥ / $

6.6757

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (457,000)

Foreign currency exchange contract, Four | USD/Chinese Yuan Renminbi

Derivative [Line Items]

Notional value

$ 25,000,000

Forward rate | ¥ / $

6.7230

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (974,000)

[1]	Unrealized gains on foreign currency exchange contracts are recorded in prepaid expenses and other current assets. Unrealized losses on foreign currency exchange contracts are recorded in other accrued expenses.

Business Combination - Additional Disclosures (Details) - USD ($)		3 Months Ended		6 Months Ended
	Apr. 06, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Combination
Cash consideration				$ 8,854,000	$ 0
Residential Control Systems, Inc
Business Combination
Initial purchase price	$ 12,600,000
Cash consideration	8,900,000			8,854,000
Contingent consideration	3,700,000
Acquisition costs	$ 100,000
Net sales		$ 1,400,000		1,400,000
Net loss		$ 400,000		400,000
Purchase price adjustment period	120 days
Potential additional earnout payments	$ 10,000,000.0
Pro forma information, increase (decrease) in amortization expense, net			$ 200,000	$ 100,000	$ 400,000
Residential Control Systems, Inc \| Valuation methodology based on projections of future operating income
Business Combination
Contingent consideration discount rate	24.80%

Business Combination - Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands		6 Months Ended
	Apr. 06, 2017	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Business Combination
Goodwill		$ 48,372		$ 43,052
Cash paid		8,854	$ 0
Residential Control Systems, Inc
Business Combination
Accounts receivable		429
Inventories		1,460
Prepaid expenses and other current assets		6
Property, plant and equipment		14
Current liabilities		(399)
Net tangible assets acquired		1,510
Goodwill		5,294
Total purchase price		12,554
Less: Contingent consideration		(3,700)
Cash paid	$ 8,900	8,854
Residential Control Systems, Inc \| Trade name
Business Combination
Finite-lived intangible assets		$ 400
Estimated lives, Finite-lived intangible asset		8 years
Residential Control Systems, Inc \| Customer relationships
Business Combination
Finite-lived intangible assets		$ 5,200
Estimated lives, Finite-lived intangible asset		10 years
Residential Control Systems, Inc \| Order backlog
Business Combination
Finite-lived intangible assets		$ 150
Residential Control Systems, Inc \| Minimum
Business Combination
Estimated lives, Property, plant and equipment		1 year
Residential Control Systems, Inc \| Minimum \| Order backlog
Business Combination
Estimated lives, Finite-lived intangible asset		1 year
Residential Control Systems, Inc \| Maximum
Business Combination
Estimated lives, Property, plant and equipment		4 years
Residential Control Systems, Inc \| Maximum \| Trade name
Business Combination
Estimated lives, Finite-lived intangible asset		8 years
Residential Control Systems, Inc \| Maximum \| Customer relationships
Business Combination
Estimated lives, Finite-lived intangible asset		10 years

Business Combination - Schedule of Pro Forma Financial Information (Details) - Residential Control Systems, Inc - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Combination
Net sales	$ 177,580	$ 172,308	$ 339,548	$ 326,514
Net income	4,767	6,381	4,541	9,367
Net income attributable to Universal Electronics Inc.	$ 4,767	$ 6,373	$ 4,541	$ 9,337
Basic earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.33	$ 0.44	$ 0.31	$ 0.65
Diluted earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.32	$ 0.43	$ 0.31	$ 0.64