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Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
2019 Equity Distribution Agreement
September 2020 Equity Distribution Agreement
November 2020 Equity Distribution Agreement
Stockholders' Equity
Stockholders' Equity
2019 Equity Distribution Agreement
Stockholders' Equity
September 2020 Equity Distribution Agreement
Stockholders' Equity
November 2020 Equity Distribution Agreement
Additional Paid-In Capital
Additional Paid-In Capital
2019 Equity Distribution Agreement
Additional Paid-In Capital
September 2020 Equity Distribution Agreement
Additional Paid-In Capital
November 2020 Equity Distribution Agreement
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Cumulative Effect, Period of Adoption, Adjustment
Fulgent Stockholders' Equity
Fulgent Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Fulgent Stockholders' Equity
2019 Equity Distribution Agreement
Fulgent Stockholders' Equity
September 2020 Equity Distribution Agreement
Fulgent Stockholders' Equity
November 2020 Equity Distribution Agreement
Noncontrolling Interest
Beginning Balance at Dec. 31, 2019 $ 82,777         $ 2       $ 146,058       $ 146 $ (63,429)   $ 82,777          
Beginning Balance, Shares at Dec. 31, 2019           21,483                                
Equity-based compensation 8,157                 8,157             8,157          
Exercise of common stock options 104                 104             104          
Exercise of common stock options, Shares           56                                
Restricted stock awards, Shares           655                                
Issuance of common stock     $ 42,655 $ 122,103 $ 99,051     $ 1     $ 42,655 $ 122,102 $ 99,051           $ 42,655 $ 122,103 $ 99,051  
Issuance of common stock, Shares             1,108 2,846 2,034                          
Common stock withholding for employee tax obligations (62)                 (62)             (62)          
Common stock withholding for employee tax obligations, Shares           (4)                                
Other comprehensive gain (loss), net 292                         292     292          
Net income (loss) 214,310                           214,310   214,310          
Ending Balance at Dec. 31, 2020 569,387 $ (887)       $ 3       418,065       438 150,881 $ (887) 569,387 $ (887)        
Ending Balance, Shares at Dec. 31, 2020           28,178                                
Equity-based compensation 15,882                 15,882             15,882          
Exercise of common stock options 86                 86             86          
Exercise of common stock options, Shares           76                                
Restricted stock awards, Shares           836                                
Issuance of common stock         $ 72,030               $ 72,030               $ 72,030  
Issuance of common stock, Shares                 1,111                          
Common stock withholding for employee tax obligations (4,155)                 (4,155)             (4,155)          
Common stock withholding for employee tax obligations, Shares           (41)                                
Cumulative tax effect of accounting change 239                           239   239          
Noncontrolling interest assumed related to acquisitions 8,151                                         $ 8,151
Other comprehensive gain (loss), net (1,092)                         (1,197)     (1,197)         105
Net income (loss) 506,239                           507,364   507,364         (1,125)
Ending Balance at Dec. 31, 2021 $ 1,165,880         $ 3       501,908       (759) 657,597   1,158,749         7,131
Ending Balance, Shares at Dec. 31, 2021 30,160         30,160                                
Equity-based compensation $ 32,640                 32,640             32,640          
Exercise of common stock options 31                 31             31          
Exercise of common stock options, Shares           5                                
Restricted stock awards, Shares           699                                
Common stock withholding for employee tax obligations (1,768)                 (1,768)             (1,768)          
Common stock withholding for employee tax obligations, Shares           (32)                                
Repurchase of common stock $ (74,337)                 (74,337)             (74,337)          
Repurchase of common stock, Shares (1,800)         (1,810)                                
Common stock issued in a business combination $ 28,111                 28,111             28,111          
Common stock issued in a business combination, Shares           416                                
Other comprehensive gain (loss), net (22,605)                         (20,144)     (20,144)         (2,461)
Net income (loss) 141,923                           143,403   143,403         (1,480)
Ending Balance at Dec. 31, 2022 $ 1,269,875         $ 3       $ 486,585       $ (20,903) $ 801,000   $ 1,266,685         $ 3,190
Ending Balance, Shares at Dec. 31, 2022 31,248         29,438