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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2016	Nov. 03, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	UNIVERSAL ELECTRONICS INC
Entity Central Index Key	0000101984
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Share Outstanding		14,572,220

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 48,141	$ 52,966
Restricted cash	4,623	4,623
Accounts receivable, net	134,438	121,801
Inventories, net	124,091	122,366
Prepaid expenses and other current assets	6,741	6,217
Income tax receivable	441	55
Deferred income taxes	7,243	7,296
Total current assets	325,718	315,324
Property, plant, and equipment, net	103,117	90,015
Goodwill	43,162	43,116
Intangible assets, net	29,615	32,926
Deferred income taxes	9,112	8,474
Long-term restricted cash	4,797	0
Other assets	5,065	5,365
Total assets	520,586	495,220
Current liabilities:
Accounts payable	102,754	93,843
Line of credit	35,000	50,000
Accrued compensation	32,406	37,452
Accrued sales discounts, rebates and royalties	8,666	7,618
Accrued income taxes	359	4,745
Other accrued expenses	23,288	21,466
Total current liabilities	202,473	215,124
Long-term liabilities:
Long-term contingent consideration	11,600	11,751
Deferred income taxes	9,972	7,891
Income tax payable	629	629
Other long-term liabilities	6,568	1,917
Total liabilities	231,242	237,312
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; 23,435,769 and 23,176,277 shares issued on September 30, 2016 and December 31, 2015, respectively	234	232
Paid-in capital	246,930	228,269
Treasury stock, at cost, 8,864,299 and 8,824,768 shares on September 30, 2016 and December 31, 2015, respectively	(212,521)	(210,333)
Accumulated other comprehensive income (loss)	(17,657)	(15,799)
Retained earnings	272,358	255,240
Universal Electronics Inc. stockholders' equity	289,344	257,609
Noncontrolling interest	0	299
Total stockholders' equity	289,344	257,908
Total liabilities and stockholders' equity	$ 520,586	$ 495,220

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2016	Dec. 31, 2015
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)	23,435,769	23,176,277
Treasury stock, shares (in shares)	8,864,299	8,824,768

CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Net sales	$ 169,185	$ 160,467	$ 490,829	$ 440,723
Cost of sales	127,400	117,658	367,941	320,225
Gross profit	41,785	42,809	122,888	120,498
Research and development expenses	4,955	4,134	15,292	12,664
Selling, general and administrative expenses	28,709	29,642	88,465	82,298
Operating income	8,121	9,033	19,131	25,536
Interest income (expense), net	(228)	(16)	(753)	198
Other income (expense), net	335	(558)	1,726	(272)
Income before provision for income taxes	8,228	8,459	20,104	25,462
Provision for income taxes	421	2,185	2,956	5,624
Net income	7,807	6,274	17,148	19,838
Net income (loss) attributable to noncontrolling interest	0	3	30	3
Net income attributable to Universal Electronics Inc.	$ 7,807	$ 6,271	$ 17,118	$ 19,835
Earnings per share attributable to Universal Electronics Inc.:
Basic (in dollars per share)	$ 0.54	$ 0.42	$ 1.19	$ 1.28
Diluted (in dollars per share)	$ 0.53	$ 0.41	$ 1.16	$ 1.25
Shares used in computing earnings per share:
Basic (in shares)	14,510	14,966	14,441	15,535
Diluted (in shares)	14,848	15,230	14,740	15,834

CONSOLIDATED COMPREHENSIVE INCOME STATEMENTS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 7,807	$ 6,274	$ 17,148	$ 19,838
Other comprehensive income (loss):
Change in foreign currency translation adjustment	(540)	(4,236)	(1,858)	(7,396)
Total comprehensive income (loss)	7,267	2,038	15,290	12,442
Comprehensive income (loss) attributable to noncontrolling interest	0	3	30	3
Comprehensive income (loss) attributable to Universal Electronics Inc.	$ 7,267	$ 2,035	$ 15,260	$ 12,439

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash provided by (used for) operating activities:
Net income	$ 17,148	$ 19,838
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Depreciation and amortization	18,994	14,459
Provision for doubtful accounts	123	189
Provision for inventory write-downs	2,398	2,258
Deferred income taxes	1,413	(515)
Tax benefit from exercise of stock options and vested restricted stock	2,230	1,023
Excess tax benefit from stock-based compensation	(2,292)	(1,071)
Shares issued for employee benefit plan	763	734
Employee and director stock-based compensation	7,638	5,923
Performance-based warrant stock-based compensation	3,219	0
Changes in operating assets and liabilities:
Restricted cash	0	(4,623)
Accounts receivable	(11,359)	(17,851)
Inventories	(4,470)	(20,261)
Prepaid expenses and other assets	(86)	426
Accounts payable and accrued expenses	7,699	21,821
Accrued income taxes	(4,737)	180
Net cash provided by (used for) operating activities	38,681	22,530
Cash used for investing activities:
Acquisition of property, plant, and equipment	(28,914)	(26,376)
Acquisition of intangible assets	(1,373)	(1,877)
Increase in restricted cash	(4,797)	0
Deposit received toward sale of Guangzhou factory	4,797	0
Deconsolidation of Encore Controls LLC	48	0
Acquisition of net assets of Ecolink Intelligent Technology, Inc., net of cash acquired	0	(12,482)
Net cash used for investing activities	(30,239)	(40,735)
Cash provided by (used for) financing activities:
Borrowings under line of credit	92,987	69,500
Repayments on line of credit	(107,987)	(22,500)
Proceeds from stock options exercised	4,813	1,648
Treasury stock purchased	(2,188)	(78,708)
Excess tax benefit from stock-based compensation	2,292	1,071
Net cash provided by (used for) financing activities	(10,083)	(28,989)
Effect of exchange rate changes on cash	(3,184)	(1,019)
Net increase (decrease) in cash and cash equivalents	(4,825)	(48,213)
Cash and cash equivalents at beginning of year	52,966	112,521
Cash and cash equivalents at end of period	48,141	64,308
Supplemental cash flow information:
Income taxes paid	6,034	3,922
Interest paid	$ 926	$ 68

Basis of Presentation and Significant Accounting Policies	9 Months Ended
	Sep. 30, 2016
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 nine months ended September 30, 2016 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, 2015. 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, 2015 for a summary of our significant accounting policies. Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers", which will supersede most existing U.S. GAAP revenue recognition guidance. This new standard requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. In addition, ASU 2014-09 contains expanded disclosure requirements relating to the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is effective for fiscal periods beginning after December 15, 2016 and permits the use of either the full retrospective or cumulative effect transition method. On July 9, 2015, the FASB postponed the effective date of the new revenue standard by one year; however, early adoption is permitted as of the original effective date. We do not plan to early adopt ASU 2014-09. We have not yet selected a transition method and are evaluating the impact that this new standard will have on our consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement," which amends Accounting Standards Codification ("ASC") 350, "Intangibles - Goodwill and Other". The amendments provide guidance as to whether a cloud computing arrangement includes a software license, and based on that determination, how to account for such arrangements. ASU 2015-05 is effective for fiscal periods beginning after December 15, 2015 and permits the use of either the prospective or retrospective transition method. The adoption of ASU 2015-05 did not have a material impact on our consolidated financial position or results of operations. 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. Early adoption is permitted. We do not anticipate that the adoption of ASU 2015-11 will have a material impact on our consolidated financial position or results of operations. In September 2015, the FASB issued ASU 2015-16, "Simplifying the Accounting for Measurement-period Adjustments." This new guidance requires an acquirer in a business combination to recognize adjustments to the provisional amounts that are identified during the measurement period to be reported in the period in which the adjustment amounts are determined. In addition, the effect on earnings of changes in depreciation, amortization and other items as a result of the change to the provisional amounts, calculated as if the accounting had been complete as of the acquisition date, must be recorded in the reporting period in which the adjustment amounts are determined. ASU 2015-16 is effective for fiscal periods beginning after December 15, 2015 and must be applied prospectively. The adoption of ASU 2015-16 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. Early adoption is permitted. We have not yet selected a transition method and are currently evaluating the impact that ASU 2015-17 will have on our consolidated financial statements. 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 ASC 718, "Compensation - Stock Compensation". ASU 2016-09 is intended to simplify several aspects of the accounting for share-based payment transactions, including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for fiscal periods beginning after December 15, 2016. Early adoption is permitted. We are currently evaluating the impact that ASU 2016-09 will have on our consolidated financial statements. 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.

Cash and Cash Equivalents and Restricted Cash

9 Months Ended

Sep. 30, 2016

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)	September 30, 2016		December 31, 2015
United States	$	3,499	$	8,458
People's Republic of China ("PRC")	20,613		28,681
Asia (excluding the PRC)	5,486		5,346
Europe	15,289		8,093
South America	3,254		2,388
Total cash and cash equivalents	$	48,141	$	52,966

Restricted Cash

In connection with the court order issued on September 4, 2015, we placed $4.6 million of cash into a collateralized surety bond. This bond has certain restrictions for liquidation and has therefore been classified as restricted cash. Refer to Note 10 for further information about this ongoing litigation.

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 ($4.8 million) 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

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

Accounts Receivable, Net and Revenue Concentrations

Accounts receivable, net were as follows:



(In thousands)	September 30, 2016			December 31, 2015
Trade receivables, gross	$	131,229		$	119,090
Allowance for doubtful accounts	(960		)	(822		)
Allowance for sales returns	(490		)	(507		)
Net trade receivables	129,779			117,761
Other	4,659			4,040
Accounts receivable, net	$	134,438		$	121,801

Allowance for Doubtful Accounts

Changes in the allowance for doubtful accounts were as follows:



(In thousands)	Nine Months Ended September 30,
(In thousands)	2016		2015
Balance at beginning of period	$	822	$	616
Additions (reductions) to costs and expenses	123		189
(Write-offs)/Foreign exchange effects	15		(77		)
Balance at end of period	$	960	$	728

Sales Returns

The allowance for sales returns at September 30, 2016 and December 31, 2015 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 $0.3 million and $0.3 million on September 30, 2016 and December 31, 2015, respectively. The value of these returned goods was included in our inventory balance at September 30, 2016 and December 31, 2015.

Significant Customers

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



	Three Months Ended September 30,
	2016				2015
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	35,554	21.0	%	$	42,675	26.6	%
DIRECTV	19,642		11.6		21,957		13.7



	Nine Months Ended September 30,
	2016				2015
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	111,529	22.7	%	$	88,633	20.1	%
DIRECTV	56,496		11.5		57,447		13.0

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



	September 30, 2016				December 31, 2015
	$ (thousands)		% of Accounts Receivable, Net		$ (thousands)		% of Accounts Receivable, Net
Comcast Corporation	$	29,733	22.1	%	$	29,404	24.1	%

- 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

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

Inventories, Net and Significant Supplier

Inventories, net were as follows:



(In thousands)	September 30, 2016			December 31, 2015
Raw materials	$	36,289		$	29,290
Components	18,362			12,228
Work in process	5,144			5,671
Finished goods	67,954			78,222
Reserve for excess and obsolete inventory	(3,658		)	(3,045		)
Inventories, net	$	124,091		$	122,366

Reserve for Excess and Obsolete Inventory

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



(In thousands)	Nine Months Ended September 30,
(In thousands)	2016			2015
Balance at beginning of period	$	3,045		$	2,539
Additions charged to costs and expenses ⁽¹⁾	2,120			2,012
Sell through ⁽²⁾	(781		)	(774		)
Write-offs/Foreign exchange effects	(726		)	(1,201		)
Balance at end of period	$	3,658		$	2,576


⁽¹⁾	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.3 million and $0.2 million for the nine months ended September 30, 2016 and 2015, 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. Texas Instruments provided $12.4 million, or 13.0%, of total inventory purchases during the three months ended September 30, 2016 and $32.3 million, or 11.9%, of total inventory purchases during the nine months ended September 30, 2016.

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 September 30,
	2016				2015
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	1,382	1.5	%	$	2,115	2.3	%



	Nine Months Ended September 30,
	2016				2015
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	4,971	1.8	%	$	6,566	2.6	%

Total accounts payable to this supplier were as follows:



	September 30, 2016				December 31, 2015
	$ (thousands)		% of Accounts Payable		$ (thousands)		% of Accounts Payable
Related party supplier	$	1,755	1.7	%	$	2,361	2.5	%

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

9 Months Ended

Sep. 30, 2016

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, 2015	$	43,116
Foreign exchange effects	46
Balance at September 30, 2016	$	43,162

Intangible Assets, Net

The components of intangible assets, net were as follows:



	September 30, 2016							December 31, 2015
(In thousands)	Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net		Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net
Distribution rights	$	322	$	(120	)	$	202	$	312	$	(96	)	$	216
Patents	11,710		(4,671		)	7,039		11,425		(4,737		)	6,688
Trademarks and trade names	2,400		(1,245		)	1,155		2,401		(1,053		)	1,348
Developed and core technology	12,585		(3,564		)	9,021		12,587		(2,144		)	10,443
Capitalized software development costs	301		(160		)	141		167		(97		)	70
Customer relationships	27,700		(15,643		)	12,057		27,715		(13,554		)	14,161
Total intangible assets, net	$	55,018	$	(25,403	)	$	29,615	$	54,607	$	(21,681	)	$	32,926


⁽¹⁾	This table excludes the gross value of fully amortized intangible assets totaling $9.9 million and $9.0 million at September 30, 2016 and December 31, 2015, respectively.

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



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2016		2015		2016		2015
Cost of sales	$	21	$	31	$	63	$	100
Selling, general and administrative expenses	1,551		1,187		4,618		3,206
Total amortization expense	$	1,572	$	1,218	$	4,681	$	3,306

Estimated future annual amortization expense related to our intangible assets at September 30, 2016, is as follows:



(In thousands)
2016 (remaining 3 months)	$	1,594
2017	6,348
2018	6,313
2019	6,249
2020	5,159
Thereafter	3,952
Total	$	29,615

- 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	9 Months Ended
Line of Credit	Sep. 30, 2016
Debt Disclosure [Abstract]
Line of Credit	Line of Credit On September 16, 2016, we extended the term of our Amended and Restated Credit Agreement ("Amended Credit Agreement") with U.S. Bank National Association ("U.S. Bank") to November 1, 2018. The Amended Credit Agreement provides for an $85.0 million line of credit ("Credit Line") that may be used for working capital and other general corporate purposes including acquisitions, share repurchases and capital expenditures. Amounts available for borrowing under the Credit Line are reduced by the balance of any outstanding letters of credit, of which there were $13 thousand at September 30, 2016. All obligations under the Credit Line are secured by substantially all of our U.S. personal property and tangible and intangible assets as well as 65% of our ownership interest in Enson Assets Limited, our wholly-owned subsidiary which controls our manufacturing factories in the 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 September 30, 2016 was 1.77%. 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 September 30, 2016, we were in compliance with the covenants and conditions of the Amended Credit Agreement. At September 30, 2016, we had $35.0 million outstanding under the Credit Line. Our total interest expense on borrowings was $0.3 million and $0.1 million during the three months ended September 30, 2016 and 2015, respectively. Our total interest expense on borrowings was $0.9 million and $0.1 million during the nine months ended September 30, 2016 and 2015, respectively.

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2016
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 $0.4 million and $2.2 million for the three months ended September 30, 2016 and 2015, respectively. Our effective tax rate was 5.1% and 25.8% during the three months ended September 30, 2016 and 2015, respectively. Our effective tax rate was lower in the current year period primarily due to the recording of $1.8 million in tax refunds during the three months ended September 30, 2016, of which $1.4 million related to tax incentives in China for 2015 and $0.4 million related to certain deductible research and development expenses incurred in China during 2015. This impact was partially offset by the recording of a $0.7 million decrease to the carrying value of certain deferred tax assets to reflect the lower statutory tax rate that will be applied as a result of tax incentives at one of our China manufacturing facilities. We recorded income tax expense of $3.0 million and $5.6 million for the nine months ended September 30, 2016 and 2015, respectively. Our effective tax rate was 14.7% and 22.1% during the nine months ended September 30, 2016 and 2015, respectively. Our effective tax rate was lower in the current year period primarily due to (a) the recording of an additional $1.3 million in tax refunds during the nine months ended September 30, 2016, of which $0.9 million related to tax incentives in China for previous tax years and $0.4 million related to certain deductible research and development expenses incurred in China during 2015; and (b) lower tax rates in certain jurisdictions within China due to local tax incentives. These impacts were partially offset by the recording of a $0.7 million decrease to the carrying value of certain deferred tax assets to reflect the lower statutory tax rate that will be applied as a result of tax incentives at one of our China manufacturing facilities. At September 30, 2016, we had gross unrecognized tax benefits of $3.7 million, including interest and penalties, of which $2.1 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 $0.2 million at September 30, 2016 and December 31, 2015, respectively, are included in our unrecognized tax benefits. We file income tax returns in the U.S. federal jurisdiction, and in various state and foreign jurisdictions. On September 30, 2016, the open statutes of limitations in our significant tax jurisdictions were as follows: federal 2013 through 2015, state 2011 through 2015, and foreign 2009 through 2015.

Accrued Compensation

9 Months Ended

Sep. 30, 2016

Payables and Accruals [Abstract]

Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Accrued social insurance ⁽¹⁾	$	18,262	$	18,923
Accrued salary/wages	6,283		7,549
Accrued vacation/holiday	2,653		2,227
Accrued bonus ⁽²⁾	2,939		5,914
Accrued commission	751		1,084
Accrued medical insurance claims	122		218
Other accrued compensation	1,396		1,537
Total accrued compensation	$	32,406	$	37,452

⁽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 September 30, 2016 and December 31, 2015.

⁽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 $0.7 million and $0.7 million at September 30, 2016 and December 31, 2015, respectively.

Other Accrued Expenses

The components of other accrued expenses were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Advertising and marketing	$	238	$	191
Deferred revenue	1,451		1,434
Duties	803		1,318
Freight and handling fees	2,459		1,942
Product development	390		630
Product warranty claim costs	135		35
Professional fees	1,528		1,714
Property, plant, and equipment	1,350		551
Sales taxes and VAT	2,730		3,170
Third-party commissions	801		585
Tooling ⁽¹⁾	1,449		1,173
Unrealized loss on foreign currency exchange contracts	186		1,164
URC settlement accrual (Notes 2 and 10)	6,618		4,629
Utilities	398		278
Other	2,752		2,652
Total other accrued expenses	$	23,288	$	21,466


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

Related Party Vendor

We have obtained certain engineering support services for our India subsidiary from JAP Techno Solutions ("JAP"). The owner of JAP is the spouse of the managing director of our India operations. Total fees paid to JAP for the three and nine months ended September 30, 2015 were $25 thousand and $77 thousand, respectively. No amounts were paid to this vendor during the nine months ended September 30, 2016.

Other Accrued Expenses

9 Months Ended

Sep. 30, 2016

Payables and Accruals [Abstract]

Other Accrued Expenses

Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Accrued social insurance ⁽¹⁾	$	18,262	$	18,923
Accrued salary/wages	6,283		7,549
Accrued vacation/holiday	2,653		2,227
Accrued bonus ⁽²⁾	2,939		5,914
Accrued commission	751		1,084
Accrued medical insurance claims	122		218
Other accrued compensation	1,396		1,537
Total accrued compensation	$	32,406	$	37,452

⁽¹⁾

⁽²⁾

Other Accrued Expenses

The components of other accrued expenses were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Advertising and marketing	$	238	$	191
Deferred revenue	1,451		1,434
Duties	803		1,318
Freight and handling fees	2,459		1,942
Product development	390		630
Product warranty claim costs	135		35
Professional fees	1,528		1,714
Property, plant, and equipment	1,350		551
Sales taxes and VAT	2,730		3,170
Third-party commissions	801		585
Tooling ⁽¹⁾	1,449		1,173
Unrealized loss on foreign currency exchange contracts	186		1,164
URC settlement accrual (Notes 2 and 10)	6,618		4,629
Utilities	398		278
Other	2,752		2,652
Total other accrued expenses	$	23,288	$	21,466


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

Related Party Vendor

Commitments and Contingencies

9 Months Ended

Sep. 30, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Product Warranties

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



(In thousands)	Nine Months Ended September 30,
(In thousands)	2016		2015
Balance at beginning of period	$	35	$	353
Accruals for warranties issued during the period	100		12
Settlements (in cash or in kind) during the period	—		(329		)
Balance at end of period	$	135	$	36

Restructuring Activities and Sale of Guangzhou Factory

In the first quarter of 2016, we implemented a plan to reduce our manufacturing costs 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 lower. As a result, we incurred severance costs of $0.1 million and $1.6 million during the three and nine months ended September 30, 2016, which are included within selling, general and administrative expenses. We expect to incur additional severance costs of approximately $10 million as we continue to execute this transition over the next 12-15 months. Because severance costs relate to involuntary terminations, we record the related liability at the communication date. At September 30, 2016, we had $0.1 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 $48 million). 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 is expected to be completed within 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 June 28, 2016, in connection with previously disclosed litigation matters, we entered into a confidential agreement in principal with Universal Remote Control, Inc. (“URC”), Ohsung Electronics Co., Ltd., and Ohsung Electronics USA, Inc. (collectively the “URC Parties”) to settle all litigation matters (including the malicious prosecution litigation described below) between us and the URC Parties. By and during the term of this agreement, we and the URC Parties will dismiss all litigation matters and appeals. While the terms of this agreement in principal are confidential, the $4.6 million surety bond previously placed by us in connection with these litigation matters will be released to URC. Additionally, the URC Parties will receive a limited paid up license to the technologies covered by the patents in this litigation and a limited covenant not to sue with respect to certain of URC’s products existing as of the settlement date. We expect to finalize the definitive settlement agreement and other documents in the near future. Thus, during the nine months ended September 30, 2016, we recorded $2.0 million of estimated litigation settlement costs within selling, general and administrative expenses. While we have been negotiating the settlement agreement and other documents, the underlying litigation with respect to the second litigation matter we filed against URC (Universal Electronics Inc. v. Universal Remote Control, Inc., SACV13-00987 JAK (SHx)) has been stayed with a status conference set for November 14, 2016. In addition, on October 17, 2016, the United States Court of Appeals for the Federal Circuit15-1410-CB Universal Electronics, Inc. v. Universal Remote Control, Inc. "Opinion filed" (8:12-cv-00329-AG-JPR) ruled in our favor denying URC’s appeal of the lower court’s ruling in the first litigation matter we filed against URC in which URC sought to obtain more attorney fees and costs.

On April 28, 2016, URC filed a malicious prosecution lawsuit against us in the Superior Court of California, County of Orange (Universal Remote Control, Inc. v. Universal Electronics Inc., 30-2016-00849239-CU-BT-CJC) seeking additional monetary damages against us in connection with the litigation matters we filed against them. This lawsuit has been stayed while we have been negotiating a settlement of all our disputes (see discussion above). Further, we believe that this action by URC is without merit, and we have denied all of URC’s allegations and should we not settle all of our disputes (including this one), we intend to vigorously defend against this lawsuit.

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 the appeal and on February 15, 2016, the appellate court heard oral arguments. While awaiting the appellate court’s ruling, we requested and received permission to submit additional filings in support of our position. As such, the court set a new date for all new filings to be submitted and set a status conference for January 2017. In addition, 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 has been set for July 2017. Finally, 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 we intend to vigorously defend against these claims with the hearing on this matter set for February 2017.

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

9 Months Ended

Sep. 30, 2016

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 September 30, 2016, we had 375,000 shares available for repurchase on the open market under the Board's authorizations. On November 2, 2016, our Board increased these repurchase authorizations by 125,000 shares bringing the total authorization as of the approval date to 500,000 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:



	Nine Months Ended September 30,
(In thousands, except share data)	2016		2015
Shares repurchased	39,531		1,593,420
Cost of shares repurchased	$	2,188	$	78,708

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

9 Months Ended

Sep. 30, 2016

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 September 30,				Nine Months Ended September 30,
(In thousands)	2016		2015		2016		2015
United States	$	88,243	$	83,059	$	263,053	$	200,167
Asia (excluding PRC)	22,099		25,763		64,290		87,428
People's Republic of China	19,899		19,804		59,978		57,008
Europe	19,389		15,055		53,716		46,189
Latin America	13,032		8,848		32,273		29,766
Other	6,523		7,938		17,519		20,165
Total net sales	$	169,185	$	160,467	$	490,829	$	440,723

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)	September 30, 2016		December 31, 2015
United States	$	10,187	$	7,015
People's Republic of China	93,313		83,794
All other countries	4,682		4,571
Total long-lived tangible assets	$	108,182	$	95,380

- 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

9 Months Ended

Sep. 30, 2016

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 September 30,				Nine Months Ended September 30,
(In thousands)	2016		2015		2016		2015
Cost of sales	$	14	$	10	$	43	$	29
Research and development expenses	136		94		409		305
Selling, general and administrative expenses:
Employees	1,748		1,459		5,324		4,465
Outside directors	770		377		1,862		1,124
Total stock-based compensation expense	$	2,668	$	1,940	$	7,638	$	5,923

Income tax benefit	$	812	$	550	$	2,281	$	1,684

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, 2015	648		$	30.50
Granted	243		49.67
Exercised	(191	)	25.21			$	8,065
Forfeited/canceled/expired	—		—
Outstanding at September 30, 2016 ⁽¹⁾	700		$	38.60	4.95	$	25,113
Vested and expected to vest at September 30, 2016⁽¹⁾	700		$	38.60	4.95	$	25,105
Exercisable at September 30, 2016 ⁽¹⁾	392		$	29.36	4.07	$	17,663

⁽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 third quarter of 2016 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 September 30, 2016. 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 September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Weighted average fair value of grants	$	—		$	—		$	17.96		$	24.77
Risk-free interest rate	—		%	—		%	1.36		%	1.38		%
Expected volatility	—		%	—		%	41.38		%	43.50		%
Expected life in years	0.00			0.00			4.55			4.56

As of September 30, 2016, we expect to recognize $4.5 million of total unrecognized pre-tax stock-based compensation expense related to non-vested stock options over a remaining weighted-average life of 2.1 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, 2015	225		$	51.31
Granted	76		63.23
Vested	(57	)	50.18
Forfeited	(2	)	55.80
Non-vested at September 30, 2016	242		$	55.32

As of September 30, 2016, we expect to recognize $9.8 million of total unrecognized pre-tax stock-based compensation expense related to non-vested restricted stock awards over a weighted-average life of 1.7 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

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Performance-Based Common Stock Warrants

On March 9, 2016, we issued common stock purchase warrants to Comcast Corporation ("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 under this agreement 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 warrant agreement. 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 common stock purchase 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. The estimated fair value of warrants is being recorded as a reduction to net sales ratably as the warrants vest based on the projected number of warrants that will vest, the proportion of purchases by Comcast and its affiliates within the period relative to the aggregate purchase levels required for the warrants to vest and the then-current fair value of the related unvested warrants. If management does not have a reliable forecast of future purchases to be made by Comcast and its affiliates by which to estimate the number of warrants that will vest, then the maximum number of potential warrants is assumed until such time that a reliable forecast of future purchases is available. To the extent that our projections change in the future as to the number of warrants that will vest, a cumulative catch-up adjustment will be recorded in the period in which our estimates change. At September 30, 2016, 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:



	September 30, 2016
Fair value	$38.32
Price of Universal Electronics Inc. common stock	$74.99
Risk-free interest rate	1.32%
Expected volatility	40.54%
Expected life in years	6.25

For the three and nine months ended September 30, 2016, we recorded $1.1 million and $3.2 million, respectively, as a reduction to net sales in connection with the common stock warrants. The aggregate unrecognized estimated fair value of unvested warrants at September 30, 2016 was $24.6 million.

Other Income (Expense), Net

9 Months Ended

Sep. 30, 2016

Other Income and Expenses [Abstract]

Other Income (Expense), Net

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



	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2016			2015			2016			2015
Net gain (loss) on foreign currency exchange contracts ⁽¹⁾	$	(218	)	$	(80	)	$	(894	)	$	787
Net gain (loss) on foreign currency exchange transactions	439			(553		)	2,455			(1,229		)
Other income (expense)	114			75			165			170
Other income (expense), net	$	335		$	(558	)	$	1,726		$	(272	)


⁽¹⁾	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 for further details).

Earnings Per Share

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per share was calculated as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except per-share amounts)	2016		2015		2016		2015
BASIC
Net income attributable to Universal Electronics Inc.	$	7,807	$	6,271	$	17,118	$	19,835
Weighted-average common shares outstanding	14,510		14,966		14,441		15,535
Basic earnings per share attributable to Universal Electronics Inc.	$	0.54	$	0.42	$	1.19	$	1.28

DILUTED
Net income attributable to Universal Electronics Inc.	$	7,807	$	6,271	$	17,118	$	19,835
Weighted-average common shares outstanding for basic	14,510		14,966		14,441		15,535
Dilutive effect of stock options and restricted stock	338		264		299		299
Weighted-average common shares outstanding on a diluted basis	14,848		15,230		14,740		15,834
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.53	$	0.41	$	1.16	$	1.25

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 September 30,		Nine Months Ended September 30,
(In thousands)	2016	2015	2016	2015
Stock options	—	74	111	62
Restricted stock awards	5	23	8	13

Stockholders' Equity and Noncontrolling Interest

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Stockholders' Equity and Noncontrolling Interest

A reconciliation of common stock outstanding, treasury stock and the total carrying amount of Universal Electronics Inc. stockholders’ equity, stockholders’ equity attributable to noncontrolling interest and total stockholders' equity for the nine months ended September 30, 2016 is as follows:



	Shares			Stockholders' Equity
(In thousands)	Common Stock	Treasury Stock		Universal Electronics Inc. Stockholders' Equity			Noncontrolling Interest			Total
Balance at December 31, 2015	23,176	(8,825	)	$	257,609		$	299		$	257,908
Net income				17,118			30			17,148
Currency translation adjustment				(1,858		)				(1,858		)
Shares issued for employee benefit plan and compensation	46			763						763
Purchase of treasury shares		(39	)	(2,188		)				(2,188		)
Stock options exercised	191			4,813						4,813
Shares issued to Directors	23			—						—
Employee and director stock-based compensation				7,638						7,638
Tax benefit from exercise of non-qualified stock options and vested restricted stock				2,230						2,230
Performance-based warrant stock-based compensation				3,219						3,219
Deconsolidation of Encore Controls LLC (Note 19)							(329		)	(329		)
Balance at September 30, 2016	23,436	(8,864	)	$	289,344		$	—		$	289,344

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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+ Details

Derivatives

9 Months Ended

Sep. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives

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

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



	September 30, 2016										December 31, 2015
	Fair Value Measurement Using							Total			Fair Value Measurement Using							Total
(In thousands)	(Level 1)		(Level 2)			(Level 3)		Balance			(Level 1)		(Level 2)			(Level 3)		Balance
Foreign currency exchange contracts	$	—	$	(138	)	$	—	$	(138	)	$	—	$	(1,146	)	$	—	$	(1,146	)

We held foreign currency exchange contracts which resulted in a net pre-tax loss of $0.2 million and $0.1 million for the three months ended September 30, 2016 and 2015, respectively. For the nine months ended September 30, 2016 and 2015, we had a net pre-tax loss of $0.9 million and a net pre-tax gain of $0.8 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
September 30, 2016	USD/Euro	USD	$	15.0	1.1209	$	(57	)	October 28, 2016
September 30, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	10.0	6.6757	$	(51	)	January 13, 2017
September 30, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	25.0	6.7230	$	48		January 13, 2017
September 30, 2016	USD/Brazilian Real	USD	$	2.0	3.4775	$	(78	)	January 13, 2017

December 31, 2015	USD/Euro	USD	$	7.0	1.0864	$	(7	)	January 22, 2016
December 31, 2015	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	22.5	6.2565	$	(1,100	)	January 15, 2016
December 31, 2015	USD/Brazilian Real	Brazilian Real	$	1.0	3.7461	$	(57	)	January 15, 2016
December 31, 2015	USD/Brazilian Real	USD	$	3.0	3.9503	$	18		January 15, 2016


⁽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.

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+ Details

Business Combination

9 Months Ended

Sep. 30, 2016

Business Combinations [Abstract]

Business Combination

On August 4, 2015, we entered into an Asset Purchase Agreement (the "APA") to acquire substantially all of the net assets of Ecolink Intelligent Technology, Inc. ("Ecolink"), a leading developer of smart home technology that designs, develops and manufactures a wide range of intelligent wireless security and home automation products. This transaction closed on August 31, 2015. The purchase price of $24.1 million was comprised of $12.9 million in cash, and $11.2 million of contingent consideration. Additionally, we incurred $0.2 million in acquisition costs, consisting primarily of legal and accounting expenses, which were recorded within selling, general and administrative expenses for the year ended December 31, 2015. The acquisition of these assets will allow us to extend our product offerings to include home security and automation products previously marketed by Ecolink and to sell these products to our existing customers.

Included in the net assets acquired from Ecolink was a 50% ownership interest in Encore Controls LLC ("Encore"), a developer of smart home technology that designs and sells intelligent wireless fire safety products for use in home security systems.

At the time of acquisition, management determined that we were the primary beneficiary of Encore due to our ability to direct the activities that most significantly impacted the economic performance of Encore, and thus we consolidated the financial statements of Encore commencing on the acquisition date. The aggregate fair value of Encore’s net assets on the acquisition date was $0.7 million, of which $0.4 million was attributable to the noncontrolling interest. The fair value attributable to the noncontrolling interest was based on the noncontrolling interest's ownership percentage in the fair values of the assets and liabilities of Encore.

On April 21, 2016, we sold our ownership interest in Encore to Encore’s noncontrolling interest holder in exchange for full rights and ownership of Encore’s patents and developed technology as well as the noncontrolling interest’s portion of certain of Encore’s tangible net assets. Additionally, as a condition of the sale of our ownership interest in Encore, we agreed to grant a royalty-free license to Encore for the use of Encore’s developed technology and patents in connection with selling specific products to specific customers. As a result of this transaction, we no longer have any involvement with Encore other than the granting of this limited license. Upon deconsolidation, we recorded a gain of $65 thousand, based on the difference between the fair value of the net assets received and our ownership interest in Encore. This gain is presented in our consolidated income statement within other income (expense), net for the nine months ended September 30, 2016.

Our consolidated income statement for the three months ended September 30, 2016 includes net sales of $0.9 million and a net loss of $0.9 million attributable to Ecolink. Our consolidated income statement for the nine months ended September 30, 2016 includes net sales of $3.7 million and a net loss of $1.5 million attributable to Ecolink. Our consolidated income statement for the three and nine months ended September 30, 2015 includes net sales of $0.3 million and a net loss of $0.2 million attributable to Ecolink for the period commencing on August 31, 2015.

Contingent Consideration

We are required to make additional earnout payments upon the achievement of certain operating income levels attributable to Ecolink over each of the next 5 years. The amount of contingent consideration has no upper limit and is calculated at the end of each calendar year based upon certain percentages of operating income target levels as defined in the APA. Ecolink's operating income will be calculated using certain revenues, costs and expenses directly attributable to Ecolink 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 15.5% 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. At December 31, 2015 the fair value of the earnout contingent consideration was $11.8 million. The fair value of the earnout contingent consideration increased $0.6 million and decreased $0.2 million during the three and nine months ended September 30, 2016, respectively, primarily to reflect adjustments to the timing of earnout payments and the related accretion driven by the time value of money. These adjustments were recorded within selling, general and administrative expenses. The fair value of the earnout contingent consideration at September 30, 2016 was $11.6 million. The fair value of earnout contingent consideration is presented as long term contingent consideration in our consolidated balance sheet.

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 fair value of net assets acquired is recorded as goodwill. The goodwill is expected to be deductible for income tax purposes. Management's purchase price allocation was the following:



(in thousands)	Estimated Lives	Fair Value
Cash and cash equivalents		$	685
Accounts receivable		374
Inventories		1,412
Prepaid expenses and other current assets		253
Property, plant and equipment	1-4 years	16
Non-interest bearing liabilities		(1,557		)
Net tangible assets acquired		1,183
Trade name	7 years	400
Developed technology	4-14 years	9,080
Customer relationships	5 years	1,300
Goodwill		12,564
Total purchase price		24,527
Noncontrolling interest in Encore		(378		)
Net purchase price		24,149
Less: Contingent consideration		(11,200		)
Cash paid		$	12,949

Management's determination of the fair value of intangible assets acquired was 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 Ecolink’s 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 Ecolink’s trade name.

The fair value assigned to Ecolink's developed technology was 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 fair value assigned to Ecolink's customer relationships intangible asset was determined utilizing the with and without method. Under the with and without method, the fair value of the intangible asset is estimated based on the difference in projected earnings utilizing the existing Ecolink customer base versus projected earnings based on starting with no customers and reacquiring the customer base. Revenue and earnings projections were significant inputs into estimating the value of Ecolink’s customer relationships.

The trade name, developed technology and customer relationships 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 Ecolink as if this transaction had occurred on January 1, 2014. 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, 2014, and should not be taken as a projection of the future consolidated results of our operations.



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except per-share amounts)	2016		2015		2016		2015
Net sales	$	169,185	$	161,392	$	490,829	$	444,762
Net income	$	7,813	$	6,203	$	17,223	$	19,505
Net income attributable to Universal Electronics Inc.	$	7,813	$	6,197	$	17,184	$	19,440
Basic earnings per share attributable to Universal Electronics Inc.	$	0.54	$	0.41	$	1.19	$	1.25
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.53	$	0.41	$	1.17	$	1.23

For purposes of determining pro forma net income attributable to Universal Electronics Inc., adjustments were made to each period presented in the table above. Pro forma net income and pro forma net income attributable to Universal Electronics Inc. assume that amortization of acquired intangible assets and of fair value adjustments related to inventories began at January 1, 2014 rather than on September 1, 2015. The result is a net decrease in amortization expense of $10 thousand and $0.1 million for the three and nine months ended September 30, 2016, respectively, and a net increase in amortization expense of $0.3 million and $1.3 million for the three and nine months ended September 30, 2015, respectively. Additionally, acquisition costs totaling $0.2 million are excluded from pro forma net income and 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).

+ References

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Reference 15: http://www.xbrl.org/2003/role/presentationRef
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+ Details

Basis of Presentation and Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2016
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 nine months ended September 30, 2016 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, 2015.
Estimates, Judgments and Assumptions	Estimates, Judgments and Assumptions The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates, judgments and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, we evaluate our estimates and assumptions, including those related to revenue recognition, allowances for sales returns and doubtful accounts, inventory valuation, our review 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	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers", which will supersede most existing U.S. GAAP revenue recognition guidance. This new standard requires an entity to recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. In addition, ASU 2014-09 contains expanded disclosure requirements relating to the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. ASU 2014-09 is effective for fiscal periods beginning after December 15, 2016 and permits the use of either the full retrospective or cumulative effect transition method. On July 9, 2015, the FASB postponed the effective date of the new revenue standard by one year; however, early adoption is permitted as of the original effective date. We do not plan to early adopt ASU 2014-09. We have not yet selected a transition method and are evaluating the impact that this new standard will have on our consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, "Customer's Accounting for Fees Paid in a Cloud Computing Arrangement," which amends Accounting Standards Codification ("ASC") 350, "Intangibles - Goodwill and Other". The amendments provide guidance as to whether a cloud computing arrangement includes a software license, and based on that determination, how to account for such arrangements. ASU 2015-05 is effective for fiscal periods beginning after December 15, 2015 and permits the use of either the prospective or retrospective transition method. The adoption of ASU 2015-05 did not have a material impact on our consolidated financial position or results of operations. 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. Early adoption is permitted. We do not anticipate that the adoption of ASU 2015-11 will have a material impact on our consolidated financial position or results of operations. In September 2015, the FASB issued ASU 2015-16, "Simplifying the Accounting for Measurement-period Adjustments." This new guidance requires an acquirer in a business combination to recognize adjustments to the provisional amounts that are identified during the measurement period to be reported in the period in which the adjustment amounts are determined. In addition, the effect on earnings of changes in depreciation, amortization and other items as a result of the change to the provisional amounts, calculated as if the accounting had been complete as of the acquisition date, must be recorded in the reporting period in which the adjustment amounts are determined. ASU 2015-16 is effective for fiscal periods beginning after December 15, 2015 and must be applied prospectively. The adoption of ASU 2015-16 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. Early adoption is permitted. We have not yet selected a transition method and are currently evaluating the impact that ASU 2015-17 will have on our consolidated financial statements. 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 ASC 718, "Compensation - Stock Compensation". ASU 2016-09 is intended to simplify several aspects of the accounting for share-based payment transactions, including income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for fiscal periods beginning after December 15, 2016. Early adoption is permitted. We are currently evaluating the impact that ASU 2016-09 will have on our consolidated financial statements. 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.

Cash and Cash Equivalents and Restricted Cash (Tables)

9 Months Ended

Sep. 30, 2016

Cash and Cash Equivalents [Abstract]

Schedule of Cash and Cash Equivalents

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



(In thousands)	September 30, 2016		December 31, 2015
United States	$	3,499	$	8,458
People's Republic of China ("PRC")	20,613		28,681
Asia (excluding the PRC)	5,486		5,346
Europe	15,289		8,093
South America	3,254		2,388
Total cash and cash equivalents	$	48,141	$	52,966

Accounts Receivable, Net and Revenue Concentrations (Tables)

9 Months Ended

Sep. 30, 2016

Receivables [Abstract]

Schedule of Accounts Receivable and Allowance for Doubtful Accounts

Accounts receivable, net were as follows:



(In thousands)	September 30, 2016			December 31, 2015
Trade receivables, gross	$	131,229		$	119,090
Allowance for doubtful accounts	(960		)	(822		)
Allowance for sales returns	(490		)	(507		)
Net trade receivables	129,779			117,761
Other	4,659			4,040
Accounts receivable, net	$	134,438		$	121,801

Allowance for Doubtful Accounts

Changes in the allowance for doubtful accounts were as follows:



(In thousands)	Nine Months Ended September 30,
(In thousands)	2016		2015
Balance at beginning of period	$	822	$	616
Additions (reductions) to costs and expenses	123		189
(Write-offs)/Foreign exchange effects	15		(77		)
Balance at end of period	$	960	$	728

Schedule of Significant Customers to Net Sales

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



	Three Months Ended September 30,
	2016				2015
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	35,554	21.0	%	$	42,675	26.6	%
DIRECTV	19,642		11.6		21,957		13.7



	Nine Months Ended September 30,
	2016				2015
	$ (thousands)		% of Net Sales		$ (thousands)		% of Net Sales
Comcast Corporation	$	111,529	22.7	%	$	88,633	20.1	%
DIRECTV	56,496		11.5		57,447		13.0

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:



	September 30, 2016				December 31, 2015
	$ (thousands)		% of Accounts Receivable, Net		$ (thousands)		% of Accounts Receivable, Net
Comcast Corporation	$	29,733	22.1	%	$	29,404	24.1	%

Inventories, Net and Significant Supplier (Tables)

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

Schedule of Inventories, Net

Inventories, net were as follows:



(In thousands)	September 30, 2016			December 31, 2015
Raw materials	$	36,289		$	29,290
Components	18,362			12,228
Work in process	5,144			5,671
Finished goods	67,954			78,222
Reserve for excess and obsolete inventory	(3,658		)	(3,045		)
Inventories, net	$	124,091		$	122,366

Schedule of Reserve for Excess and Obsolete Inventory

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



(In thousands)	Nine Months Ended September 30,
(In thousands)	2016			2015
Balance at beginning of period	$	3,045		$	2,539
Additions charged to costs and expenses ⁽¹⁾	2,120			2,012
Sell through ⁽²⁾	(781		)	(774		)
Write-offs/Foreign exchange effects	(726		)	(1,201		)
Balance at end of period	$	3,658		$	2,576


⁽¹⁾	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.3 million and $0.2 million for the nine months ended September 30, 2016 and 2015, 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 Related Party Transactions

Inventory purchases from this supplier were as follows:



	Three Months Ended September 30,
	2016				2015
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	1,382	1.5	%	$	2,115	2.3	%



	Nine Months Ended September 30,
	2016				2015
	$ (thousands)		% of Total Inventory Purchases		$ (thousands)		% of Total Inventory Purchases
Related party supplier	$	4,971	1.8	%	$	6,566	2.6	%

Total accounts payable to this supplier were as follows:



	September 30, 2016				December 31, 2015
	$ (thousands)		% of Accounts Payable		$ (thousands)		% of Accounts Payable
Related party supplier	$	1,755	1.7	%	$	2,361	2.5	%

Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2016

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, 2015	$	43,116
Foreign exchange effects	46
Balance at September 30, 2016	$	43,162

Schedule of Components of Intangible Assets

The components of intangible assets, net were as follows:



	September 30, 2016							December 31, 2015
(In thousands)	Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net		Gross ⁽¹⁾		Accumulated Amortization ⁽¹⁾			Net
Distribution rights	$	322	$	(120	)	$	202	$	312	$	(96	)	$	216
Patents	11,710		(4,671		)	7,039		11,425		(4,737		)	6,688
Trademarks and trade names	2,400		(1,245		)	1,155		2,401		(1,053		)	1,348
Developed and core technology	12,585		(3,564		)	9,021		12,587		(2,144		)	10,443
Capitalized software development costs	301		(160		)	141		167		(97		)	70
Customer relationships	27,700		(15,643		)	12,057		27,715		(13,554		)	14,161
Total intangible assets, net	$	55,018	$	(25,403	)	$	29,615	$	54,607	$	(21,681	)	$	32,926


⁽¹⁾	This table excludes the gross value of fully amortized intangible assets totaling $9.9 million and $9.0 million at September 30, 2016 and December 31, 2015, respectively.

Intangible Assets Amortization Expense

Amortization expense by income statement caption was as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2016		2015		2016		2015
Cost of sales	$	21	$	31	$	63	$	100
Selling, general and administrative expenses	1,551		1,187		4,618		3,206
Total amortization expense	$	1,572	$	1,218	$	4,681	$	3,306

Schedule of Estimated Future Amortization Expense

Estimated future annual amortization expense related to our intangible assets at September 30, 2016, is as follows:



(In thousands)
2016 (remaining 3 months)	$	1,594
2017	6,348
2018	6,313
2019	6,249
2020	5,159
Thereafter	3,952
Total	$	29,615

Accrued Compensation (Tables)

9 Months Ended

Sep. 30, 2016

Payables and Accruals [Abstract]

Components of Accrued Compensation

The components of accrued compensation were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Accrued social insurance ⁽¹⁾	$	18,262	$	18,923
Accrued salary/wages	6,283		7,549
Accrued vacation/holiday	2,653		2,227
Accrued bonus ⁽²⁾	2,939		5,914
Accrued commission	751		1,084
Accrued medical insurance claims	122		218
Other accrued compensation	1,396		1,537
Total accrued compensation	$	32,406	$	37,452

⁽¹⁾

⁽²⁾

The components of other accrued expenses were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Advertising and marketing	$	238	$	191
Deferred revenue	1,451		1,434
Duties	803		1,318
Freight and handling fees	2,459		1,942
Product development	390		630
Product warranty claim costs	135		35
Professional fees	1,528		1,714
Property, plant, and equipment	1,350		551
Sales taxes and VAT	2,730		3,170
Third-party commissions	801		585
Tooling ⁽¹⁾	1,449		1,173
Unrealized loss on foreign currency exchange contracts	186		1,164
URC settlement accrual (Notes 2 and 10)	6,618		4,629
Utilities	398		278
Other	2,752		2,652
Total other accrued expenses	$	23,288	$	21,466


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

Other Accrued Expenses (Tables)

9 Months Ended

Sep. 30, 2016

Payables and Accruals [Abstract]

Components of Other Accrued Expenses

The components of accrued compensation were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Accrued social insurance ⁽¹⁾	$	18,262	$	18,923
Accrued salary/wages	6,283		7,549
Accrued vacation/holiday	2,653		2,227
Accrued bonus ⁽²⁾	2,939		5,914
Accrued commission	751		1,084
Accrued medical insurance claims	122		218
Other accrued compensation	1,396		1,537
Total accrued compensation	$	32,406	$	37,452

⁽¹⁾

⁽²⁾

The components of other accrued expenses were as follows:



(In thousands)	September 30, 2016		December 31, 2015
Advertising and marketing	$	238	$	191
Deferred revenue	1,451		1,434
Duties	803		1,318
Freight and handling fees	2,459		1,942
Product development	390		630
Product warranty claim costs	135		35
Professional fees	1,528		1,714
Property, plant, and equipment	1,350		551
Sales taxes and VAT	2,730		3,170
Third-party commissions	801		585
Tooling ⁽¹⁾	1,449		1,173
Unrealized loss on foreign currency exchange contracts	186		1,164
URC settlement accrual (Notes 2 and 10)	6,618		4,629
Utilities	398		278
Other	2,752		2,652
Total other accrued expenses	$	23,288	$	21,466


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

Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2016

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)	Nine Months Ended September 30,
(In thousands)	2016		2015
Balance at beginning of period	$	35	$	353
Accruals for warranties issued during the period	100		12
Settlements (in cash or in kind) during the period	—		(329		)
Balance at end of period	$	135	$	36

Treasury Stock (Tables)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Schedule of Repurchased Shares of Common Stock

Repurchased shares of our common stock were as follows:



	Nine Months Ended September 30,
(In thousands, except share data)	2016		2015
Shares repurchased	39,531		1,593,420
Cost of shares repurchased	$	2,188	$	78,708

Business Segment and Foreign Operations (Tables)

9 Months Ended

Sep. 30, 2016

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 September 30,				Nine Months Ended September 30,
(In thousands)	2016		2015		2016		2015
United States	$	88,243	$	83,059	$	263,053	$	200,167
Asia (excluding PRC)	22,099		25,763		64,290		87,428
People's Republic of China	19,899		19,804		59,978		57,008
Europe	19,389		15,055		53,716		46,189
Latin America	13,032		8,848		32,273		29,766
Other	6,523		7,938		17,519		20,165
Total net sales	$	169,185	$	160,467	$	490,829	$	440,723

Schedule of Long-lived Assets

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



(In thousands)	September 30, 2016		December 31, 2015
United States	$	10,187	$	7,015
People's Republic of China	93,313		83,794
All other countries	4,682		4,571
Total long-lived tangible assets	$	108,182	$	95,380

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2016

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 September 30,				Nine Months Ended September 30,
(In thousands)	2016		2015		2016		2015
Cost of sales	$	14	$	10	$	43	$	29
Research and development expenses	136		94		409		305
Selling, general and administrative expenses:
Employees	1,748		1,459		5,324		4,465
Outside directors	770		377		1,862		1,124
Total stock-based compensation expense	$	2,668	$	1,940	$	7,638	$	5,923

Income tax benefit	$	812	$	550	$	2,281	$	1,684

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, 2015	648		$	30.50
Granted	243		49.67
Exercised	(191	)	25.21			$	8,065
Forfeited/canceled/expired	—		—
Outstanding at September 30, 2016 ⁽¹⁾	700		$	38.60	4.95	$	25,113
Vested and expected to vest at September 30, 2016⁽¹⁾	700		$	38.60	4.95	$	25,105
Exercisable at September 30, 2016 ⁽¹⁾	392		$	29.36	4.07	$	17,663

⁽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 September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Weighted average fair value of grants	$	—		$	—		$	17.96		$	24.77
Risk-free interest rate	—		%	—		%	1.36		%	1.38		%
Expected volatility	—		%	—		%	41.38		%	43.50		%
Expected life in years	0.00			0.00			4.55			4.56

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, 2015	225		$	51.31
Granted	76		63.23
Vested	(57	)	50.18
Forfeited	(2	)	55.80
Non-vested at September 30, 2016	242		$	55.32

Performance-Based Common Stock Warrants (Tables)

9 Months Ended

Sep. 30, 2016

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:



	September 30, 2016
Fair value	$38.32
Price of Universal Electronics Inc. common stock	$74.99
Risk-free interest rate	1.32%
Expected volatility	40.54%
Expected life in years	6.25

- 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)

9 Months Ended

Sep. 30, 2016

Other Income and Expenses [Abstract]

Schedule of Components of Other Income (Expense), Net

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



	Three Months Ended September 30,						Nine Months Ended September 30,
(In thousands)	2016			2015			2016			2015
Net gain (loss) on foreign currency exchange contracts ⁽¹⁾	$	(218	)	$	(80	)	$	(894	)	$	787
Net gain (loss) on foreign currency exchange transactions	439			(553		)	2,455			(1,229		)
Other income (expense)	114			75			165			170
Other income (expense), net	$	335		$	(558	)	$	1,726		$	(272	)


⁽¹⁾	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 for further details).

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings Per Share

Earnings per share was calculated as follows:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except per-share amounts)	2016		2015		2016		2015
BASIC
Net income attributable to Universal Electronics Inc.	$	7,807	$	6,271	$	17,118	$	19,835
Weighted-average common shares outstanding	14,510		14,966		14,441		15,535
Basic earnings per share attributable to Universal Electronics Inc.	$	0.54	$	0.42	$	1.19	$	1.28

DILUTED
Net income attributable to Universal Electronics Inc.	$	7,807	$	6,271	$	17,118	$	19,835
Weighted-average common shares outstanding for basic	14,510		14,966		14,441		15,535
Dilutive effect of stock options and restricted stock	338		264		299		299
Weighted-average common shares outstanding on a diluted basis	14,848		15,230		14,740		15,834
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.53	$	0.41	$	1.16	$	1.25

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 September 30,		Nine Months Ended September 30,
(In thousands)	2016	2015	2016	2015
Stock options	—	74	111	62
Restricted stock awards	5	23	8	13

Stockholders' Equity and Noncontrolling Interest (Tables)

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Schedule of Stockholders' Equity



	Shares			Stockholders' Equity
(In thousands)	Common Stock	Treasury Stock		Universal Electronics Inc. Stockholders' Equity			Noncontrolling Interest			Total
Balance at December 31, 2015	23,176	(8,825	)	$	257,609		$	299		$	257,908
Net income				17,118			30			17,148
Currency translation adjustment				(1,858		)				(1,858		)
Shares issued for employee benefit plan and compensation	46			763						763
Purchase of treasury shares		(39	)	(2,188		)				(2,188		)
Stock options exercised	191			4,813						4,813
Shares issued to Directors	23			—						—
Employee and director stock-based compensation				7,638						7,638
Tax benefit from exercise of non-qualified stock options and vested restricted stock				2,230						2,230
Performance-based warrant stock-based compensation				3,219						3,219
Deconsolidation of Encore Controls LLC (Note 19)							(329		)	(329		)
Balance at September 30, 2016	23,436	(8,864	)	$	289,344		$	—		$	289,344

Derivatives (Tables)

9 Months Ended

Sep. 30, 2016

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:



	September 30, 2016										December 31, 2015
	Fair Value Measurement Using							Total			Fair Value Measurement Using							Total
(In thousands)	(Level 1)		(Level 2)			(Level 3)		Balance			(Level 1)		(Level 2)			(Level 3)		Balance
Foreign currency exchange contracts	$	—	$	(138	)	$	—	$	(138	)	$	—	$	(1,146	)	$	—	$	(1,146	)

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
September 30, 2016	USD/Euro	USD	$	15.0	1.1209	$	(57	)	October 28, 2016
September 30, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	10.0	6.6757	$	(51	)	January 13, 2017
September 30, 2016	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	25.0	6.7230	$	48		January 13, 2017
September 30, 2016	USD/Brazilian Real	USD	$	2.0	3.4775	$	(78	)	January 13, 2017

December 31, 2015	USD/Euro	USD	$	7.0	1.0864	$	(7	)	January 22, 2016
December 31, 2015	USD/Chinese Yuan Renminbi	Chinese Yuan Renminbi	$	22.5	6.2565	$	(1,100	)	January 15, 2016
December 31, 2015	USD/Brazilian Real	Brazilian Real	$	1.0	3.7461	$	(57	)	January 15, 2016
December 31, 2015	USD/Brazilian Real	USD	$	3.0	3.9503	$	18		January 15, 2016


⁽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)

9 Months Ended

Sep. 30, 2016

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

Management's purchase price allocation was the following:



(in thousands)	Estimated Lives	Fair Value
Cash and cash equivalents		$	685
Accounts receivable		374
Inventories		1,412
Prepaid expenses and other current assets		253
Property, plant and equipment	1-4 years	16
Non-interest bearing liabilities		(1,557		)
Net tangible assets acquired		1,183
Trade name	7 years	400
Developed technology	4-14 years	9,080
Customer relationships	5 years	1,300
Goodwill		12,564
Total purchase price		24,527
Noncontrolling interest in Encore		(378		)
Net purchase price		24,149
Less: Contingent consideration		(11,200		)
Cash paid		$	12,949

Pro Forma Information



	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands, except per-share amounts)	2016		2015		2016		2015
Net sales	$	169,185	$	161,392	$	490,829	$	444,762
Net income	$	7,813	$	6,203	$	17,223	$	19,505
Net income attributable to Universal Electronics Inc.	$	7,813	$	6,197	$	17,184	$	19,440
Basic earnings per share attributable to Universal Electronics Inc.	$	0.54	$	0.41	$	1.19	$	1.25
Diluted earnings per share attributable to Universal Electronics Inc.	$	0.53	$	0.41	$	1.17	$	1.23

Cash and Cash Equivalents and Restricted Cash (Details) $ in Thousands, ¥ in Millions	Sep. 30, 2016 USD ($)	Sep. 26, 2016 USD ($)	Sep. 26, 2016 CNY (¥)	Dec. 31, 2015 USD ($)	Sep. 30, 2015 USD ($)	Sep. 04, 2015 USD ($)	Dec. 31, 2014 USD ($)
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	$ 48,141			$ 52,966	$ 64,308		$ 112,521
Restricted Cash [Abstract]
Long-term restricted cash	4,797			0
Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member] \| Guangzhou Factory [Member]
Restricted Cash [Abstract]
Long-term restricted cash		$ 4,800	¥ 32
Surety Bond [Member]
Restricted Cash [Abstract]
Restricted cash						$ 4,600
United States [Member]
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	3,499			8,458
People's Republic of China [Member]
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	20,613			28,681
Asia (excluding PRC) [Member]
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	5,486			5,346
Europe [Member]
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	15,289			8,093
South America [Member]
Cash and Cash Equivalents [Line Items]
Total cash and cash equivalents	$ 3,254			$ 2,388

Accounts Receivable, Net and Revenue Concentrations - Accounts Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Accounts Receivable, Net, Current [Abstract]
Trade receivables, gross	$ 131,229	$ 119,090
Allowance for doubtful accounts	(960)	(822)	$ (728)	$ (616)
Allowance for sales returns	(490)	(507)
Net trade receivables	129,779	117,761
Other	4,659	4,040
Accounts receivable, net	$ 134,438	$ 121,801

Accounts Receivable, Net and Revenue Concentrations - Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Schedule of Allowance for Doubtful Accounts
Balance at beginning of period	$ 822	$ 616
Additions (reductions) to costs and expenses	123	189
(Write-offs)/Foreign exchange effects	15	(77)
Balance at end of period	$ 960	$ 728

Accounts Receivable, Net and Revenue Concentrations - Sales Returns (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Receivables [Abstract]
Allowance for sales return	$ 0.3	$ 0.3

Accounts Receivable, Net and Revenue Concentrations - Significant Customers (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Revenue and Accounts Receivable, Major Customer [Line Items]
Net sales	$ 169,185	$ 160,467	$ 490,829	$ 440,723
Accounts receivable, net	134,438		134,438		$ 121,801
Sales [Member] \| Comcast Corporation [Member]
Revenue and Accounts Receivable, Major Customer [Line Items]
Net sales	$ 35,554	$ 42,675	$ 111,529	$ 88,633
Concentration risk percentage	21.00%	26.60%	22.70%	20.10%
Sales [Member] \| DIRECTV [Member]
Revenue and Accounts Receivable, Major Customer [Line Items]
Net sales	$ 19,642	$ 21,957	$ 56,496	$ 57,447
Concentration risk percentage	11.60%	13.70%	11.50%	13.00%
Trade Accounts Receivable [Member] \| Comcast Corporation [Member]
Revenue and Accounts Receivable, Major Customer [Line Items]
Concentration risk percentage			22.10%		24.10%
Accounts receivable, net	$ 29,733		$ 29,733		$ 29,404

Inventories, Net and Significant Supplier - Inventories, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 36,289	$ 29,290
Components	18,362	12,228
Work in process	5,144	5,671
Finished goods	67,954	78,222
Reserve for excess and obsolete inventory	(3,658)	(3,045)	$ (2,576)	$ (2,539)
Inventories, net	$ 124,091	$ 122,366

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

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Schedule of Reserve for Excess and Obsolete Inventory [Rollforward]

Balance at beginning of period

$ 3,045

$ 2,539

Additions charged to costs and expenses

^[1]

2,120

2,012

Sell through

^[2]

(781)

(774)

Write-off/foreign exchange effects

(726)

(1,201)

Balance at end of period

3,658

2,576

Inventory scrapped during production

$ 300

$ 200

[1]	The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.3 million and $0.2 million for the nine months ended September 30, 2016 and 2015, 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) - Cost of Goods, Total [Member] - Supplier Concentration Risk [Member] - Texas Instrument [Member] - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016
Concentration Risk [Line Items]
Purchases from significant supplier	$ 12.4	$ 32.3
Concentration risk percentage	13.00%	11.90%

Inventories, Net and Significant Supplier - Related Party Supplier (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Executive Vice President [Member]
Related Party Transaction
Ownership percentage in third party by executive			40.00%
Affiliated Entity [Member] \| Supplier Concentration Risk [Member] \| Cost of Goods, Total [Member]
Related Party Transaction
Purchases from related party	$ 1,382	$ 2,115	$ 4,971	$ 6,566
Concentration risk percentage	1.50%	2.30%	1.80%	2.60%
Affiliated Entity [Member] \| Supplier Concentration Risk [Member] \| Accounts Payable [Member]
Related Party Transaction
Concentration risk percentage			1.70%		2.50%
Accounts payable	$ 1,755		$ 1,755		$ 2,361

Goodwill and Intangible Assets, Net - Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016 USD ($)
Goodwill [Roll Forward]
Balance at December 31, 2015	$ 43,116
Foreign exchange effects	46
Balance at September 30, 2016	$ 43,162

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

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Dec. 31, 2015

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

$ 55,018

$ 54,607

Accumulated Amortization

^[1]

(25,403)

(21,681)

Net

29,615

32,926

Finite-lived intangible assets, fully amortized, gross

9,900

9,000

Amortization expense

1,572

$ 1,218

4,681

$ 3,306

Cost of Sales [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Amortization expense

100

Selling, General and Administrative Expenses [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Amortization expense

1,551

$ 1,187

4,618

$ 3,206

Distribution Rights [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

322

312

Accumulated Amortization

^[1]

(120)

(96)

Net

202

216

Patents [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

11,710

11,425

Accumulated Amortization

^[1]

(4,671)

(4,737)

Net

7,039

6,688

Trademarks and Trade Names [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

2,400

2,401

Accumulated Amortization

^[1]

(1,245)

(1,053)

Net

1,155

1,348

Developed and Core Technology [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

12,585

12,587

Accumulated Amortization

^[1]

(3,564)

(2,144)

Net

9,021

10,443

Software and Software Development Costs [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

301

167

Accumulated Amortization

^[1]

(160)

(97)

Net

141

Customer Relationships [Member]

Finite-Lived Intangible Assets, Net [Abstract]

Gross

^[1]

27,700

27,715

Accumulated Amortization

^[1]

(15,643)

(13,554)

Net

$ 12,057

$ 14,161

[1]	This table excludes the gross value of fully amortized intangible assets totaling $9.9 million and $9.0 million at September 30, 2016 and December 31, 2015, respectively.

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Schedule of Estimated Future Amortization expense
2016 (remaining 3 months)	$ 1,594
2017	6,348
2018	6,313
2019	6,249
2020	5,159
Thereafter	3,952
Net	$ 29,615	$ 32,926

Line of Credit (Details) - USD ($)		3 Months Ended		9 Months Ended
Line of Credit (Details) - USD ($)	Sep. 16, 2016	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Line of Credit Facility [Line Items]
Amount outstanding under line of credit		$ 35,000,000		$ 35,000,000		$ 50,000,000
Interest expense on borrowings		$ 300,000	$ 100,000	$ 900,000	$ 100,000
Line of Credit [Member]
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 85,000,000
Line of Credit [Member] \| US Bank [Member]
Line of Credit Facility [Line Items]
Effective interest rate		1.77%		1.77%
Commitment fees				$ 0
Line of Credit [Member] \| US Bank [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%
Line of Credit [Member] \| US Bank [Member] \| London Interbank Offered Rate (LIBOR) [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.75%
Line of Credit [Member] \| US Bank [Member] \| Base Rate [Member] \| Minimum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.00%
Line of Credit [Member] \| US Bank [Member] \| Base Rate [Member] \| Maximum [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.50%
Line of Credit [Member] \| US Bank [Member] \| Enson [Member]
Line of Credit Facility [Line Items]
Subsidiary ownership percentage securing facility	65.00%
Letter of Credit [Member]
Line of Credit Facility [Line Items]
Letter of credit outstanding amount		$ 13,000		$ 13,000

Income Taxes (Details) $ in Thousands	3 Months Ended		9 Months Ended
Income Taxes (Details) $ in Thousands	Sep. 30, 2016 USD ($) manufacturing_facility	Sep. 30, 2015 USD ($)	Sep. 30, 2016 USD ($) manufacturing_facility	Sep. 30, 2015 USD ($)	Dec. 31, 2015 USD ($)
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 421	$ 2,185	$ 2,956	$ 5,624
Effective tax rate	5.10%	25.80%	14.70%	22.10%
Unrecognized tax benefits	$ 3,700		$ 3,700
Unrecognized tax benefits that would impact effective rate	2,100		2,100
Decrease in unrecognized tax benefits is reasonably possible in next 12 months	100		100
Accrued interest and penalties	300		300		$ 200
State Administration of Taxation, China [Member]
Income Taxes [Line Items]
Tax refunds	1,800		1,300
Income tax incentives	1,400		900
Deductible research and development expenses	400		400
Decrease to the carrying value of deferred tax assets	$ 700		$ 700
Number of manufacturing facilities receiving tax incentives \| manufacturing_facility	1		1

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

Sep. 30, 2016

Dec. 31, 2015

Components of Accrued Compensation

Accrued social insurance

^[1]

$ 18,262

$ 18,923

Accrued salary/wages

6,283

7,549

Accrued vacation/holiday

2,653

2,227

Accrued bonus

^[2]

2,939

5,914

Accrued commission

751

1,084

Accrued medical insurance claims

122

218

Other accrued compensation

1,396

1,537

Total accrued compensation

32,406

37,452

Accrued salaries - 13th month salaries

$ 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 $0.7 million and $0.7 million at September 30, 2016 and December 31, 2015, respectively.

Other Accrued Expenses (Details) - USD ($)

3 Months Ended

9 Months Ended

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Dec. 31, 2015

Dec. 31, 2014

Payables and Accruals [Abstract]

Advertising and marketing

$ 238,000

$ 191,000

Deferred revenue

1,451,000

1,434,000

Duties

803,000

1,318,000

Freight and handling fees

2,459,000

1,942,000

Product development

390,000

630,000

Product warranty claim costs

$ 36,000

135,000

$ 36,000

35,000

$ 353,000

Professional fees

1,528,000

1,714,000

Property, plant, and equipment

1,350,000

551,000

Sales taxes and VAT

2,730,000

3,170,000

Third-party commissions

801,000

585,000

Tooling

^[1]

1,449,000

1,173,000

Unrealized loss on foreign currency exchange contracts

186,000

1,164,000

URC settlement accrual

6,618,000

4,629,000

Utilities

398,000

278,000

Other

2,752,000

2,652,000

Total other accrued expenses

23,288,000

$ 21,466,000

Related Party Transaction

Total fees paid

$ 25,000

$ 0

$ 77,000

[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	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Schedule of Changes in Reserve for Product Warranty Claim Costs
Balance at beginning of period	$ 35	$ 353
Accruals for warranties issued during the period	100	12
Settlements (in cash or in kind) during the period	0	(329)
Balance at end of period	$ 135	$ 36

Commitments and Contingencies - Restructuring Activities and Sale of Guangzhou Factory (Details) ¥ in Millions, $ in Millions		3 Months Ended	9 Months Ended
	Sep. 26, 2016 USD ($)	Sep. 30, 2016 USD ($)	Sep. 30, 2016 USD ($)	Sep. 26, 2016 CNY (¥)
Guangzhou Factory [Member] \| Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]
Restructuring Cost and Reserve [Line Items]
Consideration	$ 48.0			¥ 320
Period to cease operations (up to)	24 months
Expected term of completion	28 months
Escrow deposit as percentage of purchase price	10.00%			10.00%
Employee Severance [Member] \| Manufacturing Activities Transition [Member]
Restructuring Cost and Reserve [Line Items]
Additional restructuring expenses expected to be incurred		$ 10.0	$ 10.0
Employee Severance [Member] \| Manufacturing Activities Transition [Member] \| Accrued Compensation [Member]
Restructuring Cost and Reserve [Line Items]
Unpaid severance costs		0.1	0.1
Employee Severance [Member] \| Manufacturing Activities Transition [Member] \| Selling, General and Administrative Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring expenses		$ 0.1	$ 1.6

Commitments and Contingencies - Gain and Loss Contingencies (Details) $ in Millions		1 Months Ended	3 Months Ended
	Jun. 10, 2015 product patent subsidiary customer	Sep. 30, 2015 patent	Jun. 30, 2016 USD ($)	Sep. 04, 2015 USD ($)
Surety Bond [Member]
Contingencies [Line Items]
Restricted cash \| $				$ 4.6
Patent Lawsuit Against Universal Remote Control [Member] \| Settled Litigation [Member] \| Selling, General and Administrative Expenses [Member]
Contingencies [Line Items]
Estimated litigation costs \| $			$ 2.0
Patent Lawsuit Against UEBV and Telenet [Member] \| Pending Litigation [Member]
Contingencies [Line Items]
Number of subsidiaries named in lawsuit \| subsidiary	1
Number of customers named in lawsuit \| customer	1
Patent Lawsuit Against UEBV and Telenet [Member] \| Pending Litigation [Member] \| Design Patents [Member]
Contingencies [Line Items]
Number of products named in lawsuit \| product	1
Number of patents allegedly infringed upon \| patent	2
Patent Lawsuit Against UEBV and Telenet [Member] \| Pending Litigation [Member] \| Utility Patent [Member]
Contingencies [Line Items]
Number of patents allegedly infringed upon \| patent	1	1

Treasury Stock (Details) - USD ($) $ in Thousands	9 Months Ended
Treasury Stock (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Sep. 30, 2015	Nov. 02, 2016
Subsequent Event [Line Items]
Shares available for repurchase (in shares)	375,000
Shares repurchased (in shares)	39,531	1,593,420
Cost of shares repurchased	$ 2,188	$ 78,708
Subsequent Event [Member]
Subsequent Event [Line Items]
Shares available for repurchase (in shares)			500,000
Increase in shares available for repurchase (in shares)			125,000

Business Segment and Foreign Operations - Foreign Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	$ 169,185	$ 160,467	$ 490,829	$ 440,723
United States [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	88,243	83,059	263,053	200,167
Asia (excluding PRC) [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	22,099	25,763	64,290	87,428
People's Republic of China [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	19,899	19,804	59,978	57,008
Europe [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	19,389	15,055	53,716	46,189
Latin America [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	13,032	8,848	32,273	29,766
All Other Countries [Member]
Schedule of Revenues from Geographical Segments [Line Items]
Total net sales	$ 6,523	$ 7,938	$ 17,519	$ 20,165

Business Segment and Foreign Operations - Long-lived Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	$ 108,182	$ 95,380
United States [Member]
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	10,187	7,015
People's Republic of China [Member]
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	93,313	83,794
All Other Countries [Member]
Long-lived Assets from External Customers and Long-Lived Assets [Line Items]
Total long-lived tangible assets	$ 4,682	$ 4,571

Stock-Based Compensation - Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 2,668	$ 1,940	$ 7,638	$ 5,923
Income tax benefit	812	550	2,281	1,684
Cost of Sales [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	14	10	43	29
Research and Development Expenses [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	136	94	409	305
Selling, General and Administrative Expenses [Member] \| Employees [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	1,748	1,459	5,324	4,465
Selling, General and Administrative Expenses [Member] \| Outside Directors [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 770	$ 377	$ 1,862	$ 1,124

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

9 Months Ended

Sep. 30, 2016

USD ($)

$ / shares

Number of Options (in 000's)

Outstanding at beginning of period (in shares) | shares

648

Granted (in shares) | shares

243

Exercised (in shares) | shares

(191)

Forfeited/canceled/expired (in shares) | shares

Outstanding at end of period (in shares) | shares

700

^[1]

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

700

^[1]

Exercisable at end of period (in shares) | shares

392

^[1]

Weighted-Average Exercise Price

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

$ 30.50

Granted (in dollars per share) | $ / shares

49.67

Exercised (in dollars per share) | $ / shares

25.21

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

0.00

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

38.60

^[1]

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

38.60

^[1]

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

$ 29.36

^[1]

Weighted-Average Remaining Contractual Term (in years)

Outstanding at end of period

4 years 11 months 12 days

^[1]

Vested and expected to vest at end of period

4 years 11 months 12 days

^[1]

Exercisable at end of period

4 years 26 days

^[1]

Exercised | $

$ 8,065

Outstanding at end of period | $

25,113

^[1]

Vested and expected to vest at end of period | $

25,105

^[1]

Exercisable at end of period | $

$ 17,663

^[1]

[1]

Stock-Based Compensation - Valuation Assumptions (Details) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted average fair value of grants (in dollars per share)	$ 0.00	$ 0.00	$ 17.96	$ 24.77
Risk-free interest rate	0.00%	0.00%	1.36%	1.38%
Expected volatility	0.00%	0.00%	41.38%	43.50%
Expected life in years	0 years	0 years	4 years 6 months 18 days	4 years 6 months 22 days

Stock-based Compensation - Additional Disclosures (Details) $ in Millions	9 Months Ended
	Sep. 30, 2016 USD ($)
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized pre-tax stock-based compensation expense	$ 4.5
Unrecognized pre-tax stock-based compensation expense, remaining weighted-average life	2 years 1 month 6 days
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized pre-tax stock-based compensation expense	$ 9.8
Unrecognized pre-tax stock-based compensation expense, remaining weighted-average life	1 year 8 months 12 days

Stock-Based Compensation - Restricted Stock Activity (Details) shares in Thousands	9 Months Ended
	Sep. 30, 2016 $ / shares shares
Shares (in 000's)
Non-vested at beginning of period (in shares) \| shares	225
Granted (in shares) \| shares	76
Vested (in shares) \| shares	(57)
Forfeited (in shares) \| shares	(2)
Non-vested at end of period (in shares) \| shares	242
Weighted-Average Grant Date Fair Value
Non-vested at beginning of period (in dollars per share) \| $ / shares	$ 51.31
Granted (in dollars per share) \| $ / shares	63.23
Vested (in dollars per share) \| $ / shares	50.18
Forfeited (in dollars per share) \| $ / shares	55.80
Non-vested at end of period (in dollars per share) \| $ / shares	$ 55.32

Performance-Based Common Stock Warrants - Additional Disclosures (Details) - Common Stock Purchase Warrant [Member]		3 Months Ended	9 Months Ended
	Mar. 09, 2016 USD ($) vesting_period $ / shares shares	Sep. 30, 2016 USD ($) shares	Sep. 30, 2016 USD ($) shares
Class of Warrant or Right [Line Items]
Number of shares called by warrants (in shares) (up to) \| 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	0
Reduction to net sales		$ 1,100,000	$ 3,200,000
Unrecognized fair value of unvested warrants		$ 24,600,000	$ 24,600,000
Supply Threshold [Member]
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 [Member] - Common Stock Purchase Warrant [Member]	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 [Member]	9 Months Ended
	Sep. 30, 2016 $ / shares
Class of Warrant or Right [Line Items]
Fair value (in dollars per share)	$ 38.32
Price of Universal Electronics Inc. common stock (in dollars per share)	$ 74.99
Risk-free interest rate	1.32%
Expected volatility	40.54%
Expected life in years	6 years 3 months

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

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Other Income and Expenses [Abstract]

Net gain (loss) on foreign currency exchange contracts

^[1]

$ (218)

$ (80)

$ (894)

$ 787

Net gain (loss) on foreign currency exchange transactions

439

(553)

2,455

(1,229)

Other income (expense)

114

165

170

Other income (expense), net

$ 335

$ (558)

$ 1,726

$ (272)

[1]	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
BASIC
Net income attributable to Universal Electronics Inc.	$ 7,807	$ 6,271	$ 17,118	$ 19,835
Weighted-average common shares outstanding (in shares)	14,510	14,966	14,441	15,535
Basic earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.54	$ 0.42	$ 1.19	$ 1.28
DILUTED
Net income attributable to Universal Electronics Inc.	$ 7,807	$ 6,271	$ 17,118	$ 19,835
Weighted-average common shares outstanding (in shares)	14,510	14,966	14,441	15,535
Dilutive effect of stock options and restricted stock (in shares)	338	264	299	299
Weighted-average common shares outstanding on a diluted basis (in shares)	14,848	15,230	14,740	15,834
Diluted earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.53	$ 0.41	$ 1.16	$ 1.25

Earnings Per Share - Antidilutive Shares (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Stock Options [Member]
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	74	111	62
Restricted Stock [Member]
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)	5	23	8	13

Stockholders' Equity and Noncontrolling Interest (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 257,908
Net income	$ 7,807	$ 6,274	17,148	$ 19,838
Currency translation adjustment	(540)	$ (4,236)	(1,858)	$ (7,396)
Shares issued for employee benefit plan and compensation			$ 763
Purchase of treasury shares (in shares)			(39,531)	(1,593,420)
Purchase of treasury shares			$ (2,188)	$ (78,708)
Stock options exercised (in shares)			191,000
Stock options exercised			$ 4,813
Shares issued to Directors			0
Employee and director stock-based compensation			7,638
Tax benefit from exercise of non-qualified stock options and vested restricted stock			2,230
Performance-based warrant stock-based compensation			3,219
Deconsolidation of Encore Controls LLC (Note 19)			(329)
Ending balance	$ 289,344		$ 289,344
Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)			23,176,000
Shares issued for employee benefit plan and compensation (in shares)			46,000
Stock options exercised (in shares)			191,000
Shares issued to Directors (in shares)			23,000
Ending balance (in shares)	23,436,000		23,436,000
Treasury Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)			(8,825,000)
Purchase of treasury shares (in shares)			(39,000)
Ending balance (in shares)	(8,864,000)		(8,864,000)
Universal Electronics Inc. Stockholder's Equity [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 257,609
Net income			17,118
Currency translation adjustment			(1,858)
Shares issued for employee benefit plan and compensation			763
Purchase of treasury shares			(2,188)
Stock options exercised			4,813
Shares issued to Directors			0
Employee and director stock-based compensation			7,638
Tax benefit from exercise of non-qualified stock options and vested restricted stock			2,230
Performance-based warrant stock-based compensation			3,219
Ending balance	$ 289,344		289,344
Noncontrolling Interest [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			299
Net income			30
Deconsolidation of Encore Controls LLC (Note 19)			(329)
Ending balance	$ 0		$ 0

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

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Derivative Instruments,Gain (Loss) [Line Items]

Remaining maturity of foreign currency derivatives (less than)

9 months

Net gain (loss) on foreign currency exchange contracts

^[1]

$ (218)

$ (80)

$ (894)

$ 787

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

Derivative Instruments,Gain (Loss) [Line Items]

Net gain (loss) on foreign currency exchange contracts

$ (200)

$ (100)

$ (900)

$ 800

[1]	This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 for further details).

Derivatives - Fair Value (Details) - Fair Value, Measurements, Recurring [Member] - Foreign Currency Exchange Contract [Member] - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Estimate of Fair Value Measurement [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	$ (138)	$ (1,146)
Level 1 [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	0	0
Level 2 [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	(138)	(1,146)
Level 3 [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange contracts	$ 0	$ 0

Derivatives - Contracts Held (Details) - Not Designated as Hedging Instrument [Member]

9 Months Ended

12 Months Ended

Sep. 30, 2016

USD ($)

¥ / $

$ / €

$ / R$

Dec. 31, 2015

USD ($)

¥ / $

$ / €

R$ / $

$ / R$

Foreign Currency Exchange Contract [Member] | Euro Member Countries, Euro [Member]

Derivative [Line Items]

Notional value

$ 15,000,000

$ 7,000,000.0

Forward Rate | $ / €

1.1209

1.0864

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (57,000)

$ (7,000)

Foreign Currency Exchange Contract [Member] | Chinese Yuan Renminbi [Member]

Derivative [Line Items]

Notional value

$ 10,000,000

$ 22,500,000.0

Forward Rate | ¥ / $

6.6757

6.2565

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (51,000)

$ (1,100,000)

Foreign Currency Exchange Contract One [Member] | Chinese Yuan Renminbi [Member]

Derivative [Line Items]

Notional value

$ 25,000,000

Forward Rate | ¥ / $

6.723

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ 48,000

Foreign Currency Exchange Contract One [Member] | Brazil, Brazil Real [Member]

Derivative [Line Items]

Notional value

$ 1,000,000.0

Forward Rate | R$ / $

3.7461

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (57,000)

Foreign Currency Exchange Contract Two [Member] | Brazil, Brazil Real [Member]

Derivative [Line Items]

Notional value

$ 2,000,000

$ 3,000,000.0

Forward Rate | $ / R$

3.4775

3.9503

Unrealized gain/(loss) recorded at balance sheet date

^[1]

$ (78,000)

$ 18,000

[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 ($) $ in Thousands			3 Months Ended		9 Months Ended		12 Months Ended
	Apr. 21, 2016	Aug. 31, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Other Income (Expense), Net [Member]
Business Combination
Deconsolidation gain	$ 65
Ecolink Intelligent Technology, Inc. [Member]
Business Combination
Initial purchase price		$ 24,100
Cash consideration		12,949
Contingent consideration		11,200	$ 11,600		$ 11,600		$ 11,800
Acquisition costs							200
Fair value of noncontrolling interest		$ 378
Net sales			900	$ 300	3,700	$ 300
Net loss			(900)	(200)	(1,500)	(200)
Period of recognition for earnout payments to acquiree (in years)		5 years
Increase (decrease) in contingent consideration			600		(200)
Pro forma information, increase (decrease) in amortization expense, net			$ (10)	$ 300	$ (100)	$ 1,300
Ecolink Intelligent Technology, Inc. [Member] \| Income Approach Valuation Technique [Member]
Business Combination
Contingent consideration discount rate		15.50%
Ecolink Intelligent Technology, Inc. [Member] \| Variable Interest Entity, Primary Beneficiary [Member] \| Encore Controls LLC [Member]
Business Combination
Acquired ownership interest of acquirees' subsidiary		50.00%
Aggregate fair value of net assets acquired		$ 700
Fair value of noncontrolling interest		$ 400
Ecolink Intelligent Technology, Inc. [Member] \| Selling, General and Administrative Expenses [Member]
Business Combination
Acquisition costs							$ 200

Business Combination - Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands	Aug. 31, 2015	Sep. 30, 2016	Dec. 31, 2015
Business Combination
Goodwill		$ 43,162	$ 43,116
Ecolink Intelligent Technology, Inc. [Member]
Business Combination
Cash and cash equivalents	$ 685
Accounts receivable	374
Inventories	1,412
Prepaid expenses and other current assets	253
Property, plant and equipment	16
Non-interest bearing liabilities	(1,557)
Net tangible assets acquired	1,183
Goodwill	12,564
Total purchase price	24,527
Noncontrolling interest in Encore	(378)
Net purchase price	24,149
Less: Contingent consideration	(11,200)	$ (11,600)	$ (11,800)
Cash paid	12,949
Ecolink Intelligent Technology, Inc. [Member] \| Trade Names [Member]
Business Combination
Finite-lived intangible assets	$ 400
Estimated Lives	7 years
Ecolink Intelligent Technology, Inc. [Member] \| Developed Technology Rights [Member]
Business Combination
Finite-lived intangible assets	$ 9,080
Ecolink Intelligent Technology, Inc. [Member] \| Customer Relationships [Member]
Business Combination
Finite-lived intangible assets	$ 1,300
Estimated Lives	5 years
Ecolink Intelligent Technology, Inc. [Member] \| Minimum [Member]
Business Combination
Estimated Lives	1 year
Ecolink Intelligent Technology, Inc. [Member] \| Minimum [Member] \| Developed Technology Rights [Member]
Business Combination
Estimated Lives	4 years
Ecolink Intelligent Technology, Inc. [Member] \| Maximum [Member]
Business Combination
Estimated Lives	4 years
Ecolink Intelligent Technology, Inc. [Member] \| Maximum [Member] \| Developed Technology Rights [Member]
Business Combination
Estimated Lives	14 years

Business Combination - Schedule of Pro Forma Financial Information (Details) - Ecolink Intelligent Technology, Inc. [Member] - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Business Combination
Net sales	$ 169,185	$ 161,392	$ 490,829	$ 444,762
Net income	7,813	6,203	17,223	19,505
Net income attributable to Universal Electronics Inc.	$ 7,813	$ 6,197	$ 17,184	$ 19,440
Basic earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.54	$ 0.41	$ 1.19	$ 1.25
Diluted earnings per share attributable to Universal Electronics Inc. (in dollars per share)	$ 0.53	$ 0.41	$ 1.17	$ 1.23