10-Q Filing

Lumentum Holdings Inc. CIK: 1633978 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-002880`
Period End Date	20221231
Filing Date	20230209
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	lite-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 74 Cash Flow Statement 86 Stockholders Equity 43 Comprehensive Income 20

Balance Sheet 76 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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	68.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$592.10M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	68.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	68.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.09B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	68.40M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.26B	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$330.50M	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$262.00M	USD	Point-in-time
Inventories	`InventoryNet`	$250.10M	USD	Point-in-time
Inventories	`InventoryNet`	$366.90M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$78.10M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$114.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.14B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.49B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$487.70M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$360.50M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$73.60M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$84.90M	USD	Point-in-time
Goodwill	`Goodwill`	$698.20M	USD	Point-in-time
Goodwill	`Goodwill`	$368.90M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$539.90M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$155.70M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$100.10M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$27.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$14.70M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$37.30M	USD	Point-in-time
Total assets	`Assets`	$4.16B	USD	Point-in-time
Total assets	`Assets`	$4.42B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$205.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$156.70M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$54.60M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$60.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$44.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$62.10M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$420.70M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$409.90M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$14.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$11.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$51.20M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$39.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$716.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$814.30M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.47B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.90B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$57.00M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$48.80M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$12.90M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$25.80M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$42.90M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$77.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.87B	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, 68.4 and 68.0 shares issued and outstanding as of December 31, 2022 and July 2, 2022, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value, 990 authorized shares, 68.4 and 68.0 shares issued and outstanding as of December 31, 2022 and July 2, 2022, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.00B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.64B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-129.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-101.30M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$400.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$3.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.97B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.88B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.02B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.97B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.16B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.42B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$895.10M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$506.00M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$446.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$423.70M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$223.30M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$597.70M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$315.10M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$15.90M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$24.70M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$31.70M	USD	2 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$47.70M	USD	2 Qtrs
Gross profit	`GrossProfit`	$367.40M	USD	2 Qtrs
Gross profit	`GrossProfit`	$166.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$207.50M	USD	1 Quarter
Gross profit	`GrossProfit`	$439.70M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$107.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$53.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$148.50M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$75.80M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$98.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$204.10M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$132.30M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$69.00M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$13.90M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$100.00K	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$-1.00M	USD	2 Qtrs
Restructuring and related charges	`RestructuringCharges`	$23.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$122.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$375.80M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$238.60M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$188.10M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$85.20M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$201.10M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-21.90M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-8.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$34.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$17.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$17.10M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$1.60M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.70M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$17.50M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$168.70M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$-27.10M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$-8.30M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$69.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$30.50M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.80M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-31.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$138.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.10M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.91	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.47	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.46	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.83	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.47	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.46	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.20M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.20M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.40M	shares	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-31.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$138.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.10M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$26.40M	USD	1 Quarter
Depreciation expense	`Depreciation`	$41.00M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$50.90M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$20.60M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$52.10M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$83.20M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$21.50M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$36.10M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$68.30M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$42.90M	USD	2 Qtrs
(Gain) loss on sales and dispositions of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$5.00M	USD	2 Qtrs
(Gain) loss on sales and dispositions of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-7.20M	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$30.80M	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$11.90M	USD	2 Qtrs
Amortization of inventory fair value adjustment in connection with acquisition	`AmortizationOfInventoryFairValueAdjustmentInConnectionWithAcquisition`	-	USD	2 Qtrs
Amortization of inventory fair value adjustment in connection with acquisition	`AmortizationOfInventoryFairValueAdjustmentInConnectionWithAcquisition`	$14.20M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-1.00M	USD	2 Qtrs
Other non-cash items	`OtherNoncashIncomeExpense`	$-6.60M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$26.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.50M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$36.40M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$11.00M	USD	2 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAssetIncreaseDecrease`	$7.70M	USD	2 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAssetIncreaseDecrease`	$-7.90M	USD	2 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$13.90M	USD	2 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$7.30M	USD	2 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$5.40M	USD	2 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$14.80M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-45.00M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.80M	USD	2 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-4.00M	USD	2 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-15.00M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$7.30M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-8.70M	USD	2 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$10.10M	USD	2 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$37.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$268.40M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$115.70M	USD	2 Qtrs
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$44.00M	USD	2 Qtrs
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$62.80M	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireOtherProductiveAssets`	-	USD	2 Qtrs
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireOtherProductiveAssets`	$861.60M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$648.00M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$327.80M	USD	2 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$501.00M	USD	2 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$340.20M	USD	2 Qtrs
Proceeds from the sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$6.00M	USD	2 Qtrs
Proceeds from the sales of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-345.80M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-751.10M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$126.60M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$35.80M	USD	2 Qtrs
Payment of withholding taxes related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$24.90M	USD	2 Qtrs
Payment of withholding taxes related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.70M	USD	2 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$5.70M	USD	2 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$6.60M	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	$5.90M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-144.90M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-62.70M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-698.10M	USD	2 Qtrs
Decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-222.30M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$592.10M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00M	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`	$1.29B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$592.10M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00M	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`	$1.29B	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$36.00M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	$38.50M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$5.40M	USD	2 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$16.40M	USD	2 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$7.10M	USD	2 Qtrs
Settlement of loan to NeoPhotonics	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	-	USD	2 Qtrs
Settlement of loan to NeoPhotonics	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$50.00M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.40M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$19.40M	USD	2 Qtrs

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$1.53B	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`	$1.54B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.88B	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`	$1.97B	USD	Point-in-time
Balance at the beginning of period (in shares)	`CommonStockSharesOutstanding`	68.00M	shares	Point-in-time
Balance at the beginning of period (in shares)	`CommonStockSharesOutstanding`	68.40M	shares	Point-in-time
Net income (loss)	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-31.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$138.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.10M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.60M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	2 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedForWithholdingsTaxes`	$22.40M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedForWithholdingsTaxes`	$16.60M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedForWithholdingsTaxes`	$4.30M	USD	1 Quarter
Withholding taxes related to net share settlement of restricted stock units	`RestrictedStockValueSharesIssuedForWithholdingsTaxes`	$8.30M	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$6.60M	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.70M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$25.70M	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 (in shares)	`StockRepurchasedDuringPeriodShares`	7.40M	shares	Annual
Repurchases of common stock (in shares)	`StockRepurchasedDuringPeriodShares`	300,000.00	shares	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$43.90M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.10M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.40M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquity`	$1.53B	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`	$1.54B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.88B	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`	$1.97B	USD	Point-in-time
Balance at the end of period (in shares)	`CommonStockSharesOutstanding`	68.00M	shares	Point-in-time
Balance at the end of period (in shares)	`CommonStockSharesOutstanding`	68.40M	shares	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$81.50M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-31.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$138.20M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$56.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-32.10M	USD	2 Qtrs
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$3.00M	USD	2 Qtrs
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$3.60M	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.60M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$300.00K	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.30M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-28.10M	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$54.40M	USD	1 Quarter
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$136.20M	USD	2 Qtrs
Comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTax`	$-29.10M	USD	2 Qtrs

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