10-Q Filing

Lumentum Holdings Inc. CIK: 1633978 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001628280-23-037591`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	lite-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 36 Cash Flow Statement 76 Stockholders Equity 21 Comprehensive Income 10

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`	67.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsFairValueDisclosure`	$861.60M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	66.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsFairValueDisclosure`	$859.00M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	67.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.15B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.08B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	66.40M	shares	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$246.10M	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$220.00M	USD	Point-in-time
Inventories	`InventoryNet`	$408.60M	USD	Point-in-time
Inventories	`InventoryNet`	$428.00M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$99.40M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$109.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.78B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.69B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$511.60M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$489.50M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$77.30M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$68.80M	USD	Point-in-time
Goodwill	`Goodwill`	$695.10M	USD	Point-in-time
Goodwill	`Goodwill`	$695.10M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$435.20M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$459.20M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$128.00M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$116.30M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$16.80M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$14.60M	USD	Point-in-time
Total assets	`Assets`	$4.54B	USD	Point-in-time
Total assets	`Assets`	$4.63B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$134.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$169.40M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$40.90M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$39.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$51.20M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$59.40M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	$311.60M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	$315.70M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$11.80M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$14.40M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$31.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$47.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$593.70M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$633.80M	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$2.50B	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$2.50B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$41.20M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$47.70M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$3.40M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$12.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$91.40M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$85.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.23B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.28B	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, 67.0 and 66.4 shares issued and outstanding as of September 30, 2023 and July 1, 2023, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value, 990 authorized shares, 67.0 and 66.4 shares issued and outstanding as of September 30, 2023 and July 1, 2023, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.69B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.00B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.71B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-408.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-340.60M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-129.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.10M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.31B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.88B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.54B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.63B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$506.80M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$317.60M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$282.60M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$222.90M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$18.00M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$23.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$201.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$76.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$73.50M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$72.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$73.00M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$105.70M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$9.30M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$11.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$157.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$187.70M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$13.50M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-80.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.70M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.50M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$21.20M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$13.80M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$-69.30M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossAttributableToParent`	$18.80M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$-1.40M	USD	1 Quarter
Income tax provision (benefit)	`IncomeTaxExpenseBenefit`	$19.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.90M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-1.02	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.02	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	66.70M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.10M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	66.70M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.90M	USD	1 Quarter
Depreciation expense	`Depreciation`	$28.20M	USD	1 Quarter
Depreciation expense	`Depreciation`	$24.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$32.10M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$46.60M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$32.20M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$29.00M	USD	1 Quarter
Loss on sales and dispositions of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-300.00K	USD	1 Quarter
Loss on sales and dispositions of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.40M	USD	1 Quarter
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$5.70M	USD	1 Quarter
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$4.90M	USD	1 Quarter
Amortization of inventory fair value adjustment in connection with acquisition	`AmortizationOfInventoryFairValueAdjustmentInConnectionWithAcquisition`	-	USD	1 Quarter
Amortization of inventory fair value adjustment in connection with acquisition	`AmortizationOfInventoryFairValueAdjustmentInConnectionWithAcquisition`	$4.60M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$5.70M	USD	1 Quarter
Other non-cash items	`OtherNoncashIncomeExpense`	$2.20M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$11.50M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-26.10M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$24.60M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$16.80M	USD	1 Quarter
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAssetIncreaseDecrease`	$-3.60M	USD	1 Quarter
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAssetIncreaseDecrease`	$-3.70M	USD	1 Quarter
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$-7.30M	USD	1 Quarter
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.90M	USD	1 Quarter
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$19.90M	USD	1 Quarter
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$11.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-41.10M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-28.00M	USD	1 Quarter
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-14.50M	USD	1 Quarter
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$1.50M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$6.90M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$4.00M	USD	1 Quarter
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$5.80M	USD	1 Quarter
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$17.40M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.30M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.80M	USD	1 Quarter
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$57.80M	USD	1 Quarter
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.90M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireOtherProductiveAssets`	$860.80M	USD	1 Quarter
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireOtherProductiveAssets`	-	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$79.50M	USD	1 Quarter
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$149.10M	USD	1 Quarter
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$316.60M	USD	1 Quarter
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$227.70M	USD	1 Quarter
Payments for acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Payments for acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$3.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$17.80M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-646.60M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$35.80M	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payment of withholding taxes related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$22.40M	USD	1 Quarter
Payment of withholding taxes related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.90M	USD	1 Quarter
Repayment of term loan	`RepaymentsOfSecuredDebt`	-	USD	1 Quarter
Repayment of term loan	`RepaymentsOfSecuredDebt`	$900.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-59.10M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.90M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.60M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-684.90M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$861.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$859.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$605.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$861.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.29B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$859.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$605.30M	USD	Point-in-time
Cash paid for taxes, net	`IncomeTaxesPaid`	$18.50M	USD	1 Quarter
Cash paid for taxes, net	`IncomeTaxesPaid`	$29.30M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$600.00K	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$600.00K	USD	1 Quarter
Settlement of loan to NeoPhotonics	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	-	USD	1 Quarter
Settlement of loan to NeoPhotonics	`BusinessCombinationConsiderationTransferredLiabilitiesIncurred`	$50.00M	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	1 Quarter
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$19.40M	USD	1 Quarter
Unpaid portion of acquisition purchase price	`UnpaidPortionOfAcquisitionPurchasePrice`	-	USD	1 Quarter
Unpaid portion of acquisition purchase price	`UnpaidPortionOfAcquisitionPurchasePrice`	$800.00K	USD	1 Quarter

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.53B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.31B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.88B	USD	Point-in-time
Balance at the beginning of period (in shares)	`CommonStockSharesOutstanding`	67.00M	shares	Point-in-time
Balance at the beginning of period (in shares)	`CommonStockSharesOutstanding`	66.40M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.90M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
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`	$12.90M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$25.70M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$41.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$34.70M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquity`	$1.36B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.53B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.31B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.88B	USD	Point-in-time
Balance at the end of period (in shares)	`CommonStockSharesOutstanding`	67.00M	shares	Point-in-time
Balance at the end of period (in shares)	`CommonStockSharesOutstanding`	66.40M	shares	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-400.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-67.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Net change in unrealized gain (loss) on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.30M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.10M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-600.00K	USD	1 Quarter
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$-66.80M	USD	1 Quarter
Comprehensive loss, net of tax	`ComprehensiveIncomeNetOfTax`	$-1.00M	USD	1 Quarter

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