v3.22.4
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
 [1]
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
 [1]
Total Penumbra, Inc. Stockholders’ Equity
Total Penumbra, Inc. Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
 [1]
Non-Controlling Interest
Beginning balance (in shares) at Dec. 31, 2019     35,001,581              
Beginning balance at Dec. 31, 2019 $ 485,613 $ (1,198) $ 35 $ 430,659 $ (2,324) $ 57,522 $ (1,198) $ 485,892 $ (1,198) $ (279)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock (in shares)     520,185              
Issuance of common stock $ 5,239     5,115       5,115   124
Issuance of common stock under employee stock purchase plan (in shares) 77,528   77,528              
Issuance of common stock under employee stock purchase plan $ 11,300     11,300       11,300    
Issuance of common stock upon underwritten public offering, net of issuance cost (in shares)     865,963              
Issuance of common stock upon underwritten public offering, net of issuance cost 134,759   $ 1 134,758       134,759    
Shares held for tax withholdings (in shares)     (50,525)              
Shares held for tax withholding (10,066)     (10,066)       (10,066)    
Stock-based compensation 26,533     26,533       26,533    
Other comprehensive income 4,865       4,865     4,865    
Net (loss) income (19,257)         (15,702)        
Net income (loss) attributable to Penumbra, Inc. (15,702)             (15,702)    
Net loss attributable to non-controlling interest (3,555)                 (3,555)
Ending balance (in shares) at Dec. 31, 2020     36,414,732              
Ending balance at Dec. 31, 2020 637,788   $ 36 598,299 2,541 40,622   641,498   (3,710)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock (in shares)     498,185              
Issuance of common stock $ 4,664     4,507       4,507   157
Issuance of common stock under employee stock purchase plan (in shares) 64,852   64,852              
Issuance of common stock under employee stock purchase plan $ 13,705     13,705       13,705    
Issuance of common stock in connection with Sixense acquisition (in shares) [2]     661,877              
Issuance of common stock in connection with Sixense acquisition [2] 174,134   $ 1 174,133       174,134    
Replacement share-based awards issued in connection with Sixense acquisition [2] 80,693     80,693       80,693    
Acquisition of subsidiary stock from noncontrolling interests [2] (4,161)     (10,375)       (10,375)   6,214
Shares held for tax withholdings (in shares)     (61,163)              
Shares held for tax withholding (15,832)     (15,832)       (15,832)    
Stock-based compensation 65,484     65,484       65,484    
Other comprehensive income (5,171)       (5,171)     (5,171)    
Net (loss) income 2,623         5,284        
Net income (loss) attributable to Penumbra, Inc. 5,284             5,284    
Net loss attributable to non-controlling interest (2,661)                 (2,661)
Ending balance (in shares) at Dec. 31, 2021     37,578,483              
Ending balance at Dec. 31, 2021 953,927   $ 37 910,614 (2,630) 45,906   953,927   0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Issuance of common stock (in shares)     460,177              
Issuance of common stock $ 7,787   $ 1 7,786       7,787    
Issuance of common stock under employee stock purchase plan (in shares) 113,893   113,893              
Issuance of common stock under employee stock purchase plan $ 13,766     13,766       13,766    
Shares held for tax withholdings (in shares)     (44,576)              
Shares held for tax withholding (8,042)     (8,042)       (8,042)    
Stock-based compensation 38,916     38,916       38,916    
Other comprehensive income (5,494)       (5,494)     (5,494)    
Net (loss) income (2,002)         (2,002)        
Net income (loss) attributable to Penumbra, Inc. (2,002)             (2,002)    
Net loss attributable to non-controlling interest 0                  
Ending balance (in shares) at Dec. 31, 2022     38,107,977              
Ending balance at Dec. 31, 2022 $ 998,858   $ 38 $ 963,040 $ (8,124) $ 43,904   $ 998,858   $ 0
[1] (1) Cumulative effect adjustments relate to the adoption of Accounting Standard Update (“ASU”) No. 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.
[2] (2) Refer to Note "5. Business Combinations” and “11. Stockholders’ Equity” for more information on the impact of the acquisition of Sixense Enterprises Inc. during the year ended December 31, 2021.