10-Q Filing

Lumentum Holdings Inc. CIK: 1633978 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-012157`
Period End Date	20220331
Filing Date	20220504
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	lite-20220402_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 80 Cash Flow Statement 99 Stockholders Equity 60 Comprehensive Income 28

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	990.00M	shares	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	990.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.13B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	73.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	69.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$774.30M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.43B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	69.10M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.17B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	73.00M	shares	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$242.20M	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$212.80M	USD	Point-in-time
Inventories	`InventoryNet`	$224.00M	USD	Point-in-time
Inventories	`InventoryNet`	$196.40M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$70.30M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$81.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.10B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.44B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$356.40M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$361.10M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$67.40M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$74.30M	USD	Point-in-time
Goodwill	`Goodwill`	$368.90M	USD	Point-in-time
Goodwill	`Goodwill`	$368.90M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$241.20M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$176.90M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$19.70M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$72.90M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$36.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$3.30M	USD	Point-in-time
Total assets	`Assets`	$4.13B	USD	Point-in-time
Total assets	`Assets`	$3.55B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$126.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$116.90M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$47.50M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$54.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$36.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$33.10M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	$406.10M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	$390.70M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$11.80M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$12.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$57.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$660.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$664.60M	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$1.45B	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$789.80M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$47.60M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$52.80M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$35.90M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$17.50M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$42.80M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$40.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.22B	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 990 authorized shares, 69.1 and 73.0 shares issued and outstanding as of April 2, 2022 and July 3, 2021, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value, 990 authorized shares, 69.1 and 73.0 shares issued and outstanding as of April 2, 2022 and July 3, 2021, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.74B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.97B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-60.50M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$220.90M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.20M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.91B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.55B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.13B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$395.40M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.35B	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$419.50M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.29B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$212.60M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$636.30M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$218.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$684.60M	USD	3 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$47.30M	USD	3 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$15.60M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$45.80M	USD	3 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$15.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$620.30M	USD	3 Qtrs
Gross profit	`GrossProfit`	$606.90M	USD	3 Qtrs
Gross profit	`GrossProfit`	$167.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$185.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$56.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$164.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$160.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$57.20M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$63.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$183.10M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$196.10M	USD	3 Qtrs
Restructuring and related charges	`RestructuringCharges`	$3.10M	USD	3 Qtrs
Restructuring and related charges	`RestructuringCharges`	$-1.10M	USD	3 Qtrs
Restructuring and related charges	`RestructuringCharges`	$2.90M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$-100.00K	USD	1 Quarter
Merger termination fee and related costs, net	`MergerTerminationFee`	-	USD	1 Quarter
Merger termination fee and related costs, net	`MergerTerminationFee`	-	USD	3 Qtrs
Merger termination fee and related costs, net	`MergerTerminationFee`	$207.50M	USD	1 Quarter
Merger termination fee and related costs, net	`MergerTerminationFee`	$207.50M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$139.10M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$120.40M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$-81.90M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$359.00M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$46.80M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$481.20M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$266.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$247.90M	USD	3 Qtrs
Interest expense	`InterestExpense`	$53.70M	USD	3 Qtrs
Interest expense	`InterestExpense`	$19.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$48.70M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.20M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.10M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.80M	USD	3 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$198.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$252.90M	USD	1 Quarter
Income before income taxes	`IncomeLossAttributableToParent`	$434.60M	USD	3 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$29.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$33.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$26.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$164.20M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$4.97	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.28	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.97	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.85	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.35	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.78	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.19	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.10M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.50M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.60M	shares	3 Qtrs

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$164.20M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Depreciation expense	`Depreciation`	$61.20M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$22.80M	USD	1 Quarter
Depreciation expense	`Depreciation`	$70.40M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$20.20M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$68.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$75.40M	USD	3 Qtrs
Gain on sale of product lines	`GainLossOnSaleOfBusiness`	$500.00K	USD	3 Qtrs
Gain on sale of product lines	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$63.60M	USD	3 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$21.40M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$22.00M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$64.30M	USD	3 Qtrs
(Gain) loss on sales and dispositions of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$4.30M	USD	3 Qtrs
(Gain) loss on sales and dispositions of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.40M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$48.60M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$43.90M	USD	3 Qtrs
Other non-cash expense	`OtherNoncashIncomeExpense`	$-9.50M	USD	3 Qtrs
Other non-cash expense	`OtherNoncashIncomeExpense`	$-7.30M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$29.40M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$26.50M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.20M	USD	3 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAssetIncreaseDecrease`	$-8.40M	USD	3 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAssetIncreaseDecrease`	$6.90M	USD	3 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$8.20M	USD	3 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.60M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$20.20M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-28.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$14.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-41.60M	USD	3 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.80M	USD	3 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.50M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$6.10M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.40M	USD	3 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$4.40M	USD	3 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$16.10M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$345.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$614.50M	USD	3 Qtrs
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.40M	USD	3 Qtrs
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$62.60M	USD	3 Qtrs
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	-	USD	3 Qtrs
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	$10.00M	USD	3 Qtrs
Proceeds from sale of product lines	`ProceedsFromDivestitureOfBusinesses`	$1.30M	USD	3 Qtrs
Proceeds from sale of product lines	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$1.52B	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$946.80M	USD	3 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$1.39B	USD	3 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$664.00M	USD	3 Qtrs
Term loan funding provided to NeoPhotonics	`PaymentsToFundLongtermLoansToRelatedParties`	-	USD	3 Qtrs
Term loan funding provided to NeoPhotonics	`PaymentsToFundLongtermLoansToRelatedParties`	$30.00M	USD	3 Qtrs
Proceeds from the sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.40M	USD	3 Qtrs
Proceeds from the sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-369.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$200.00M	USD	Point-in-time
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$448.60M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Proceeds from the issuance of 0.50% Convertible Notes due 2028, net of issuance costs	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from the issuance of 0.50% Convertible Notes due 2028, net of issuance costs	`ProceedsFromConvertibleDebt`	$854.80M	USD	3 Qtrs
Payment of withholding taxes related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.80M	USD	3 Qtrs
Payment of withholding taxes related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$32.80M	USD	3 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$6.60M	USD	3 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$5.50M	USD	3 Qtrs
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	$400.00K	USD	3 Qtrs
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$200.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$380.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.50M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$389.70M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$356.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$298.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$774.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$687.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.13B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$298.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$774.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$687.70M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.13B	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$30.90M	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	$53.80M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.80M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.80M	USD	3 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$6.20M	USD	3 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$6.70M	USD	3 Qtrs
Repurchase of common stock pending settlement	`RepurchaseOfCommonStockPendingSettlement`	-	USD	3 Qtrs
Repurchase of common stock pending settlement	`RepurchaseOfCommonStockPendingSettlement`	$2.10M	USD	3 Qtrs
Issuance costs in current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	3 Qtrs
Issuance costs in current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$700.00K	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$13.70M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.40M	USD	3 Qtrs

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$1.75B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$2.17B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.97B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$2.02B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.92B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.91B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.97B	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$26.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$164.20M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-300.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.40M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.40M	USD	1 Quarter
Issuance of shares in connection with vesting of restricted stock units and performance stock units	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	-	USD	1 Quarter
Issuance of shares in connection with vesting of restricted stock units and performance stock units	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	-	USD	1 Quarter
Issuance of shares in connection with vesting of restricted stock units and performance stock units	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	-	USD	1 Quarter
Issuance of shares in connection with vesting of restricted stock units and performance stock units	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	-	USD	1 Quarter
Issuance of shares in connection with vesting of restricted stock units and performance stock units	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	-	USD	1 Quarter
Issuance of shares in connection with vesting of restricted stock units and performance stock units	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	-	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-7.60M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-7.10M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-8.30M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-19.10M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-16.60M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-7.90M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.50M	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$6.60M	USD	1 Quarter
Equity component of the 2026 Notes, net of tax of $49.5 million and issuance costs of $1.9 million	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$179.80M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$91.70M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$29.90M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$324.00M	USD	1 Quarter
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	5.80M	shares	Annual
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	2.70M	shares	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.60M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.40M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquity`	$1.75B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$2.17B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.97B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$2.02B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.92B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.91B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.82B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.97B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$26.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$164.20M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.90M	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-8.90M	USD	3 Qtrs
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-300.00K	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Net change in defined benefit obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Net change in defined benefit obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Net change in defined benefit obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$500.00K	USD	1 Quarter
Net change in defined benefit obligations	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$500.00K	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-300.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.40M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-7.40M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$18.60M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$154.80M	USD	3 Qtrs
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$225.20M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$373.60M	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.