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Universal Display Corp./PA – ‘10-K’ for 12/31/23 – ‘EX-32.1’

On:  Thursday, 2/22/24, at 4:10pm ET   ·   For:  12/31/23   ·   Accession #:  950170-24-18765   ·   File #:  1-12031

Previous ‘10-K’:  ‘10-K’ on 2/23/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   17 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/22/24  Universal Display Corp./PA        10-K       12/31/23  122:14M                                    Donnelley … Solutions/FA

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.97M 
 2: EX-10.10    Material Contract                                   HTML     83K 
 3: EX-10.12    Material Contract                                   HTML     72K 
 4: EX-10.13    Material Contract                                   HTML     77K 
 5: EX-21       Subsidiaries List                                   HTML     34K 
 6: EX-23.1     Consent of Expert or Counsel                        HTML     33K 
11: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     53K 
                Awarded Compensation                                             
 7: EX-31.1     Certification -- §302 - SOA'02                      HTML     38K 
 8: EX-31.2     Certification -- §302 - SOA'02                      HTML     38K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     35K 
10: EX-32.2     Certification -- §906 - SOA'02                      HTML     35K 
13: R1          Document and Entity Information                     HTML    106K 
14: R2          Consolidated Balance Sheets                         HTML    148K 
15: R3          Consolidated Balance Sheets (Parenthetical)         HTML     77K 
16: R4          Consolidated Statements of Income                   HTML    123K 
17: R5          Consolidated Statements of Comprehensive Income     HTML     74K 
18: R6          Consolidated Statements of Comprehensive Income     HTML     43K 
                (Parenthetical)                                                  
19: R7          Consolidated Statement of Shareholders' Equity      HTML    104K 
20: R8          Consolidated Statements of Cash Flows               HTML    121K 
21: R9          Consolidated Statements of Cash Flows Non-Cash      HTML     46K 
                Activities                                                       
22: R10         Business                                            HTML     40K 
23: R11         Summary of Significant Accounting Policies          HTML     92K 
24: R12         Cash, Cash Equivalents and Investments              HTML    156K 
25: R13         Fair Value Measurements                             HTML     89K 
26: R14         Inventory                                           HTML     50K 
27: R15         Property and Equipment                              HTML     60K 
28: R16         Goodwill and Intangible Assets                      HTML    100K 
29: R17         Other Assets                                        HTML     53K 
30: R18         Leases                                              HTML     81K 
31: R19         Accrued Expenses                                    HTML     57K 
32: R20         Research and License Agreements With Academic       HTML     41K 
                Partners                                                         
33: R21         Other Liabilities                                   HTML     49K 
34: R22         Equity and Cash Compensation Under the Ppg          HTML     42K 
                Agreements                                                       
35: R23         Shareholders' Equity                                HTML     45K 
36: R24         Accumulated Other Comprehensive Loss                HTML    114K 
37: R25         Stock-Based Compensation                            HTML    120K 
38: R26         Employee Retirement Plans                           HTML    141K 
39: R27         Commitments and Contingencies                       HTML     44K 
40: R28         Concentration of Risk                               HTML    101K 
41: R29         Income Taxes                                        HTML    193K 
42: R30         Revenue Recognition                                 HTML    102K 
43: R31         Net Income Per Common Share                         HTML     87K 
44: R32         Summary of Significant Accounting Policies          HTML    146K 
                (Policies)                                                       
45: R33         Cash, Cash Equivalents and Investments (Tables)     HTML    154K 
46: R34         Fair Value Measurements (Tables)                    HTML     85K 
47: R35         Inventory (Tables)                                  HTML     49K 
48: R36         Property and Equipment (Tables)                     HTML     57K 
49: R37         Goodwill and Intangible Assets (Tables)             HTML     83K 
50: R38         Other Assets (Tables)                               HTML     52K 
51: R39         Leases (Tables)                                     HTML     83K 
52: R40         Accrued Expenses (Tables)                           HTML     56K 
53: R41         Other Liabilities (Tables)                          HTML     48K 
54: R42         Accumulated Other Comprehensive Loss (Tables)       HTML    112K 
55: R43         Stock-Based Compensation (Tables)                   HTML     80K 
56: R44         Employee Retirement Plans (Tables)                  HTML    128K 
57: R45         Concentration of Risk (Tables)                      HTML    104K 
58: R46         Income Taxes (Tables)                               HTML    191K 
59: R47         Revenue Recognition (Tables)                        HTML     96K 
60: R48         Net Income Per Common Share (Tables)                HTML     82K 
61: R49         BUSINESS - Additional Information (Details)         HTML     35K 
62: R50         SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES -        HTML     81K 
                Additional Information (Details)                                 
63: R51         CASH, CASH EQUIVALENTS AND INVESTMENTS - Schedule   HTML     48K 
                of Cash, Cash Equivalents (Details)                              
64: R52         CASH, CASH EQUIVALENTS AND INVESTMENTS - Schedule   HTML     64K 
                of Investments (Details)                                         
65: R53         CASH, CASH EQUIVALENTS AND INVESTMENTS -            HTML     45K 
                Additional Information (Details)                                 
66: R54         FAIR VALUE MEASUREMENTS - Schedule of Fair Value,   HTML     55K 
                Assets and Liabilities Measured on Recurring Basis               
                (Details)                                                        
67: R55         FAIR VALUE MEASUREMENTS - Additional Information    HTML     36K 
                (Details)                                                        
68: R56         INVENTORY - Schedule of Inventory (Details)         HTML     43K 
69: R57         INVENTORY - Additional Information (Details)        HTML     35K 
70: R58         Property and Equipment (Details)                    HTML     53K 
71: R59         Property and Equipment - Additional Information     HTML     43K 
                (Details)                                                        
72: R60         GOODWILL AND INTANGIBLE ASSETS - Schedule of        HTML     54K 
                Acquired Technology (Details)                                    
73: R61         GOODWILL AND INTANGIBLE ASSETS - Acquired           HTML     84K 
                Technology - Additional Information (Details)                    
74: R62         GOODWILL AND INTANGIBLE ASSETS - Other Intangible   HTML     72K 
                Assets - Additional Information (Details)                        
75: R63         GOODWILL AND INTANGIBLE ASSETS - Schedule of Other  HTML     54K 
                Intangible Assets (Details)                                      
76: R64         OTHER ASSETS - Schedule of Other Assets (Details)   HTML     48K 
77: R65         LEASES- Additional Information (Details)            HTML     46K 
78: R66         LEASES - Summary of Operating Lease Cost and        HTML     40K 
                Supplemental Cash Flow Information Related to                    
                Operating Leases (Details)                                       
79: R67         LEASES - Schedule Of Operating Lease Right of Use   HTML     44K 
                Assets and Liabilities (Details)                                 
80: R68         LEASES - Schedule of Weighted Average Assumptions   HTML     38K 
                Used to Compute Right-of-use Assets and Lease                    
                Liabilities (Details)                                            
81: R69         LEASES - Schedule of Undiscounted Future Minimum    HTML     53K 
                Lease Payments Having Non-cancelable Lease Terms                 
                (Details)                                                        
82: R70         ACCRUED EXPENSES - Schedule of Accrued Expenses     HTML     50K 
                (Details)                                                        
83: R71         RESEARCH AND LICENSE AGREEMENTS WITH ACADEMIC       HTML     45K 
                PARTNERS- Additional Information (Details)                       
84: R72         OTHER LIABILITIES - Summary of Other liabilities    HTML     46K 
                (Details)                                                        
85: R73         EQUITY AND CASH COMPENSATION UNDER THE PPG          HTML     45K 
                AGREEMENTS - Additional Information (Details)                    
86: R74         SHAREHOLDERS' EQUITY - Additional Information       HTML     88K 
                (Details)                                                        
87: R75         ACCUMULATED OTHER COMPREHENSIVE LOSS - Schedule of  HTML     77K 
                Accumulated Other Comprehensive Loss (Details)                   
88: R76         ACCUMULATED OTHER COMPREHENSIVE LOSS - Schedule of  HTML     37K 
                Accumulated Other Comprehensive Loss                             
                (Parenthetical) (Details)                                        
89: R77         STOCK-BASED COMPENSATION - Equity Compensation      HTML     49K 
                Plan - Additional Information (Details)                          
90: R78         STOCK-BASED COMPENSATION - Equity Instruments       HTML     77K 
                Other Than Options (Details)                                     
91: R79         STOCK-BASED COMPENSATION - Equity Instruments       HTML    110K 
                Other Than Options - Additional Information                      
                (Details)                                                        
92: R80         STOCK-BASED COMPENSATION - Employee Stock Purchase  HTML     71K 
                Plan - Additional Information (Details)                          
93: R81         STOCK-BASED COMPENSATION - Deferred Compensation    HTML     42K 
                Arrangement - Additional Information (Details)                   
94: R82         EMPLOYEE RETIREMENT PLANS - Additional Information  HTML     78K 
                (Details)                                                        
95: R83         EMPLOYEE RETIREMENT PLANS - Information Relating    HTML     62K 
                to the Company's Plan (Details)                                  
96: R84         EMPLOYEE RETIREMENT PLANS - Components of Net       HTML     58K 
                Periodic Pension Cost (Details)                                  
97: R85         EMPLOYEE RETIREMENT PLANS - Assumptions Used to     HTML     38K 
                Determine Benefit Obligation (Details)                           
98: R86         EMPLOYEE RETIREMENT PLANS - Assumptions Used to     HTML     38K 
                Determine Net Periodic Pension Cost (Details)                    
99: R87         EMPLOYEE RETIREMENT PLANS - Amounts to be           HTML     40K 
                Amortized from Accumulated Other Comprehensive                   
                Loss into Net Periodic Pension Cost in Next Fiscal               
                Year (Details)                                                   
100: R88         EMPLOYEE RETIREMENT PLANS - Benefit Payments        HTML     48K  
                Expected to be Paid (Details)                                    
101: R89         COMMITMENTS AND CONTINGENCIES - Additional          HTML     52K  
                Information (Details)                                            
102: R90         CONCENTRATION OF RISK - Revenues and Accounts       HTML     52K  
                Receivable From Our Largest Customers (Details)                  
103: R91         CONCENTRATION OF RISK - Additional Information      HTML     45K  
                (Details)                                                        
104: R92         CONCENTRATION OF RISK - Revenues by Geographic      HTML     55K  
                Area (Details)                                                   
105: R93         CONCENTRATION OF RISK - Long-Lived Assets (Net) by  HTML     42K  
                Geographic Area (Details)                                        
106: R94         INCOME TAXES - Components of Income (Loss) before   HTML     44K  
                Income Taxes (Details)                                           
107: R95         INCOME TAXES - Components of Income Tax Expense     HTML     60K  
                (Details)                                                        
108: R96         INCOME TAXES - Reconciliation of the Statutory      HTML     61K  
                U.S. Federal Tax Rate to the Effective Tax Rate                  
                (Details)                                                        
109: R97         INCOME TAXES - Tax Loss and Tax Credit              HTML     46K  
                Carryforwards (Details)                                          
110: R98         INCOME TAXES - Significant Components of Deferred   HTML     71K  
                Tax Assets and Liabilities (Details)                             
111: R99         INCOME TAXES - Additional Information (Details)     HTML     54K  
112: R100        REVENUE RECOGNITION - Additional Information        HTML     50K  
                (Details)                                                        
113: R101        REVENUE RECOGNITION - Schedule of Assets and        HTML     51K  
                Liabilities Associated with Contracts from                       
                Customers (Details)                                              
114: R102        REVENUE RECOGNITION - Summary of Significant        HTML     56K  
                Changes in Unbilled Receivables and Deferred                     
                Liabilities Balances (Details)                                   
115: R103        NET INCOME PER COMMON SHARE - Schedule of Earnings  HTML     83K  
                Per Share (Details)                                              
116: R104        NET INCOME PER COMMON SHARE - Additional            HTML     36K  
                Information (Details)                                            
117: R105        Quarterly Supplemental Financial Data (Unaudited)   HTML     68K  
                (Details)                                                        
119: XML         IDEA XML File -- Filing Summary                      XML    229K  
122: XML         XBRL Instance -- oled-20231231_htm                   XML   3.50M  
118: EXCEL       IDEA Workbook of Financial Report Info              XLSX    224K  
12: EX-101.SCH  XBRL Taxonomy Extension Schema With Embedded         XSD   4.79M 
                Linkbases Document -- oled-20231231                              
120: JSON        XBRL Instance as JSON Data -- MetaLinks              682±  1.09M  
121: ZIP         XBRL Zipped Folder -- 0000950170-24-018765-xbrl      Zip    606K  


‘EX-32.1’   —   Certification — §906 – SOA’02


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  EX-32.1  

 

Exhibit 32.1

CERTIFICATIONS REQUIRED BY

RULE 13a-14(b)/15d-14(b) AND 18 U.S.C. SECTION 1350

In connection with the annual report of Universal Display Corporation (the “Company”) on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Steven V. Abramson, President and Chief Executive Officer of the Company, hereby certify, based on my knowledge, that:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date:

February 22, 2024

By:

 

/s/ Steven V. Abramson

 

Steven V. Abramson

 

President and Chief Executive Officer

 

 



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/22/248-K
For Period end:12/31/23
 List all Filings 


17 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/02/23  Universal Display Corp./PA        8-K:2,5,9  10/31/23   12:1M                                     Donnelley … Solutions/FA
 6/01/23  Universal Display Corp./PA        8-K:5,9     5/31/23   11:126K                                   Donnelley … Solutions/FA
 4/20/23  Universal Display Corp./PA        DEF 14A               12:4M                                     Donnelley … Solutions/FA
 2/23/23  Universal Display Corp./PA        10-K       12/31/22  129:18M                                    Donnelley … Solutions/FA
 2/20/20  Universal Display Corp./PA        10-K       12/31/19  127:16M                                    ActiveDisclosure/FA
 8/09/18  Universal Display Corp./PA        10-Q        6/30/18   86:8.9M                                   ActiveDisclosure/FA
 8/04/16  Universal Display Corp./PA        10-Q        6/30/16   79:9.9M                                   ActiveDisclosure/FA
 3/09/15  Universal Display Corp./PA        8-K:5,9     3/09/15    3:103K
 4/25/14  Universal Display Corp./PA        DEF 14A     6/19/14    2:5.5M
 8/08/12  Universal Display Corp./PA        10-Q        6/30/12   65:6.3M
11/08/11  Universal Display Corp./PA        10-Q        9/30/11   36:3.7M
 5/10/10  Universal Display Corp./PA        10-Q        3/31/10    9:806K
 3/12/09  Universal Display Corp./PA        10-K       12/31/08   15:2.2M
 8/09/06  Universal Display Corp./PA        10-Q        6/30/06    7:603K                                   Bowne & C… Smartedgar/FA
 3/01/04  Universal Display Corp./PA        10-K       12/31/03   10:356K                                   Bowne & C… Smartedgar/FA
11/10/03  Universal Display Corp./PA        10-Q        9/30/03   11:176K                                   St Ives Financial/FA
 3/31/98  Universal Display Corp./PA        10KSB40    12/31/97    5:162K                                   Global Fin’l Press/FA
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Filing Submission 0000950170-24-018765   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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