|
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
12 Months Ended |
|
Dec. 31, 2014
|
| Concentration of risks [Line Items] |
|
| Summary of information regarding deferred income from equity investee |
| |
|
As of December 31 |
|
| |
|
2013 |
|
|
2014 |
|
| Investment in original cost |
|
|
4,921 |
|
|
|
4,903 |
|
| Accumulated gain on equity investment |
|
|
1,876 |
|
|
|
5,297 |
|
| Deferred gross profit on equity investment* |
|
|
(2,003 |
) |
|
|
(16,384 |
) |
| |
|
|
4,794 |
|
|
|
(6,184 |
) |
|
* |
The difference of revenue recognition point between the Company and Zhongtianxin, the Company eliminated its intra-entity of 51% interest in the voting common stock of Zhongtianxin.
|
|
| Schedule of estimated useful lives |
| |
|
Estimated useful lives |
| |
|
|
| Equipment and office furniture |
|
5 years |
| Mask and tooling |
|
2 years |
| Motor vehicles |
|
5 years |
| Purchased software |
|
3 to 5 years |
| Leasehold improvements |
|
Lesser of the lease term or the estimated useful lives of the assets |
|
| Summary of computation of basic and diluted (loss)/income attributable to ordinary shareholders |
|
|
Years ended December 31 |
|
|
|
2012 |
|
|
2013 |
|
|
2014 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income /(Loss) from continuing operations attributable to Vimicro International Corporation |
|
|
1,383 |
|
|
|
(8,418 |
) |
|
|
4,697 |
|
| Loss from discontinued operations attributable to Vimicro International Corporation |
|
|
(2,002 |
) |
|
|
— |
|
|
|
— |
|
| Net (Loss)/income attributable to Vimicro International Corporation |
|
|
(619 |
) |
|
|
(8,418 |
) |
|
|
4,697 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator (in number of shares): |
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted-average ordinary shares outstanding - basic |
|
|
123,253,931 |
|
|
|
114,687,240 |
|
|
|
98,443,702 |
|
| Dilutive effect of stock options and restricted shares |
|
|
4,370,516 |
|
|
|
— |
|
|
|
17,090,420 |
|
| Weighted-average number of ordinary shares outstanding—diluted |
|
|
127,624,447 |
|
|
|
114,687,240 |
|
|
|
115,534,122 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| (Loss)/income per share- basic |
|
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
|
|
0.01 |
|
|
|
(0.07 |
) |
|
|
0.05 |
|
| Discontinued operations |
|
|
(0.02 |
) |
|
|
— |
|
|
|
— |
|
| Total loss/income per share - basic |
|
|
(0.01 |
) |
|
|
(0.07 |
) |
|
|
0.05 |
|
| (Loss)/income per share- diluted |
|
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
|
|
0.01 |
|
|
|
(0.07 |
) |
|
|
0.04 |
|
| Discontinued operations |
|
|
(0.02 |
) |
|
|
— |
|
|
|
— |
|
| Total loss/income per share - diluted |
|
|
(0.01 |
) |
|
|
(0.07 |
) |
|
|
0.04 |
|
|
| Customer concentration risk [Member] | Revenue [Member] |
|
| Concentration of risks [Line Items] |
|
| Summary of customers who accounted for more than 10% of the total revenue or accounts receivables |
|
|
Years ended December 31 |
|
|
|
2012 |
|
|
2013 |
|
|
2014 |
|
| Customer Z |
|
|
- |
% |
|
|
33 |
% |
|
|
56 |
% |
| Customer P |
|
|
63 |
% |
|
|
26 |
% |
|
|
13 |
% |
| Customer S |
|
|
11 |
% |
|
|
7 |
% |
|
|
2 |
% |
|
| Concentration of credit risk [Member] | Accounts Receivable [Member] |
|
| Concentration of risks [Line Items] |
|
| Summary of customers who accounted for more than 10% of the total revenue or accounts receivables |
|
|
As of December 31 |
|
|
|
2013 |
|
|
2014 |
|
| Customer S |
|
|
33 |
% |
|
|
9 |
% |
| Customer D |
|
|
- |
|
|
|
11 |
% |
|