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Condensed Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Equity Distribution Agreement
2020 Equity Distribution Agreement
Cumulative Effect, Period of Adoption, Adjustment
Stockholders' Equity
Stockholders' Equity
Equity Distribution Agreement
Stockholders' Equity
2020 Equity Distribution Agreement
Additional Paid-In Capital
Additional Paid-In Capital
Equity Distribution Agreement
Additional Paid-In Capital
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
Noncontrolling Interest
Beginning Balance at Dec. 31, 2019 $ 82,777       $ 2     $ 146,058     $ 146 $ (63,429)        
Beginning Balance, Shares at Dec. 31, 2019         21,483                      
Equity-based compensation 924             924                
Exercise of common stock options 12             12                
Exercise of common stock options, Shares         33                      
Restricted stock awards, Shares         159                      
Common stock withholding for employee tax obligations (46)             (46)                
Common stock withholding for employee tax obligations, Shares         (3)                      
Other comprehensive gain (loss) (339)                   (339)          
Net income (loss) (1,956)                     (1,956)        
Ending Balance at Mar. 31, 2020 81,372       $ 2     146,948     (193) (65,385)        
Ending Balance, Shares at Mar. 31, 2020         21,672                      
Beginning Balance at Dec. 31, 2019 82,777       $ 2     146,058     146 (63,429)        
Beginning Balance, Shares at Dec. 31, 2019         21,483                      
Net income (loss) 48,003                              
Ending Balance at Sep. 30, 2020 186,955       $ 2     201,772     607 (15,426)        
Ending Balance, Shares at Sep. 30, 2020         23,307                      
Beginning Balance at Mar. 31, 2020 81,372       $ 2     146,948     (193) (65,385)        
Beginning Balance, Shares at Mar. 31, 2020         21,672                      
Equity-based compensation 1,080             1,080                
Exercise of common stock options 28             28                
Exercise of common stock options, Shares         11                      
Restricted stock awards, Shares         127                      
Other comprehensive gain (loss) 1,242                   1,242          
Net income (loss) 3,321                     3,321        
Ending Balance at Jun. 30, 2020 87,043       $ 2     148,056     1,049 (62,064)        
Ending Balance, Shares at Jun. 30, 2020         21,810                      
Equity-based compensation 3,150             3,150                
Exercise of common stock options 62             62                
Exercise of common stock options, Shares         6                      
Restricted stock awards, Shares         183                      
Issuance of common stock   $ 42,655 $ 7,849           $ 42,655 $ 7,849            
Issuance of common stock, Shares           1,108 200                  
Other comprehensive gain (loss) (442)                   (442)          
Net income (loss) 46,638                     46,638        
Ending Balance at Sep. 30, 2020 186,955       $ 2     201,772     607 (15,426)        
Ending Balance, Shares at Sep. 30, 2020         23,307                      
Beginning Balance at Dec. 31, 2020 $ 569,387     $ (887) $ 3     418,065     438 150,881 $ (887) $ 569,387 $ (887)  
Beginning Balance, Shares at Dec. 31, 2020 28,178       28,178                      
Equity-based compensation $ 2,962             2,962           2,962    
Exercise of common stock options 44             44           44    
Exercise of common stock options, Shares         45                      
Restricted stock awards, Shares         187                      
Common stock withholding for employee tax obligations (513)             (513)           (513)    
Common stock withholding for employee tax obligations, Shares         (4)                      
Issuance of common stock 30,297             30,297           30,297    
Issuance of common stock, Shares         583                      
Other comprehensive gain (loss) (654)                   (654)     (654)    
Cumulative tax effect of accounting change 239                     239   239    
Net income (loss) 200,691                     200,691   200,691    
Ending Balance at Mar. 31, 2021 801,566       $ 3     450,855     (216) 350,924   801,566    
Ending Balance, Shares at Mar. 31, 2021         28,989                      
Beginning Balance at Dec. 31, 2020 $ 569,387     $ (887) $ 3     418,065     438 150,881 $ (887) 569,387 $ (887)  
Beginning Balance, Shares at Dec. 31, 2020 28,178       28,178                      
Net income (loss) $ 402,562                              
Ending Balance at Sep. 30, 2021 $ 1,044,453       $ 3     483,731     (212) 553,258   1,036,780   $ 7,673
Ending Balance, Shares at Sep. 30, 2021 29,829       29,829                      
Beginning Balance at Mar. 31, 2021 $ 801,566       $ 3     450,855     (216) 350,924   801,566    
Beginning Balance, Shares at Mar. 31, 2021         28,989                      
Equity-based compensation 3,526             3,526           3,526    
Exercise of common stock options 24             24           24    
Exercise of common stock options, Shares         4                      
Restricted stock awards, Shares         143                      
Common stock withholding for employee tax obligations (39)             (39)           (39)    
Common stock withholding for employee tax obligations, Shares         (1)                      
Issuance of common stock 27,889             27,889           27,889    
Issuance of common stock, Shares         378                      
Noncontrolling interest assumed related to acquisitions 8,151                             8,151
Other comprehensive gain (loss) (39)                   (49)     (49)   10
Net income (loss) 79,647                     79,812   79,812   (165)
Ending Balance at Jun. 30, 2021 920,725       $ 3     482,255     (265) 430,736   912,729   7,996
Ending Balance, Shares at Jun. 30, 2021         29,513                      
Equity-based compensation 4,374             4,374           4,374    
Exercise of common stock options 17             17           17    
Exercise of common stock options, Shares         25                      
Restricted stock awards, Shares         320                      
Common stock withholding for employee tax obligations (2,915)             (2,915)           (2,915)    
Common stock withholding for employee tax obligations, Shares         (29)                      
Other comprehensive gain (loss) 28                   53     53   (25)
Net income (loss) 122,224                     122,522   122,522   (298)
Ending Balance at Sep. 30, 2021 $ 1,044,453       $ 3     $ 483,731     $ (212) $ 553,258   $ 1,036,780   $ 7,673
Ending Balance, Shares at Sep. 30, 2021 29,829       29,829