10-Q Filing

Lumentum Holdings Inc. CIK: 1633978 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001633978-21-000004`
Period End Date	20201231
Filing Date	20210202
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	lite-20201226_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 74 Cash Flow Statement 96 Stockholders Equity 36 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$298.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	75.70M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$321.30M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	75.10M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.70M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.38B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.10M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.26B	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$276.70M	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$233.50M	USD	Point-in-time
Inventories	`InventoryNet`	$207.10M	USD	Point-in-time
Inventories	`InventoryNet`	$188.90M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$82.10M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$73.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.05B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$393.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$385.80M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$78.70M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$71.80M	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`	$285.20M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$316.80M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$84.90M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$81.20M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.40M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$4.00M	USD	Point-in-time
Total assets	`Assets`	$3.29B	USD	Point-in-time
Total assets	`Assets`	$3.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$150.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$111.30M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$46.90M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$53.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$23.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$32.70M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	$380.30M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$10.80M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$10.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$44.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$65.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$647.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$283.00M	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$769.10M	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$1.12B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$55.10M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$57.60M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$46.50M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$36.70M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$36.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$38.10M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.55B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.54B	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, 75.7 and 75.1 shares issued and outstanding as of December 26, 2020 and June 27, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value, 990 authorized shares, 75.7 and 75.1 shares issued and outstanding as of December 26, 2020 and June 27, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.70B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$64.60M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$214.90M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.90M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.68B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.56B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.47B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.29B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$931.20M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$478.80M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$907.70M	USD	2 Qtrs
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$457.80M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$465.90M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$526.00M	USD	2 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$256.30M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$234.20M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$24.90M	USD	2 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$30.00M	USD	2 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$12.40M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$15.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$229.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$189.10M	USD	1 Quarter
Gross profit	`GrossProfit`	$356.80M	USD	2 Qtrs
Gross profit	`GrossProfit`	$435.30M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$51.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$52.80M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$103.20M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$100.90M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$62.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$61.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$117.60M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$119.10M	USD	2 Qtrs
Restructuring and related charges	`RestructuringCharges`	$900.00K	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$2.20M	USD	2 Qtrs
Restructuring and related charges	`RestructuringCharges`	$200.00K	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$200.00K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$114.30M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$221.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$222.20M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$114.30M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$214.30M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$115.30M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$134.60M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$74.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$32.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$29.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$18.30M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-900.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-300.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$1.20M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$6.20M	USD	2 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$111.10M	USD	2 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$181.70M	USD	2 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$98.10M	USD	1 Quarter
Income before income taxes	`IncomeLossAttributableToParent`	$57.70M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$31.40M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.60M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.40M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.70M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.26	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.99	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.92	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.24	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.63	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.06	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.90M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.50M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.30M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.40M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.80M	shares	2 Qtrs

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.70M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$47.60M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$23.80M	USD	1 Quarter
Depreciation expense	`Depreciation`	$28.70M	USD	1 Quarter
Depreciation expense	`Depreciation`	$60.30M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$43.60M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$36.90M	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.00M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$37.40M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$41.60M	USD	2 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$20.90M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$18.60M	USD	1 Quarter
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.70M	USD	2 Qtrs
Loss on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-4.70M	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$29.10M	USD	2 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$11.30M	USD	2 Qtrs
Amortization of inventory fair value adjustment in connection with Oclaro acquisition	`BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory`	-	USD	2 Qtrs
Amortization of inventory fair value adjustment in connection with Oclaro acquisition	`BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory`	$4.30M	USD	2 Qtrs
Other non-cash expense (income)	`OtherNoncashIncomeExpense`	$-3.80M	USD	2 Qtrs
Other non-cash expense (income)	`OtherNoncashIncomeExpense`	$500.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$43.70M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$54.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-44.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$16.90M	USD	2 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightofUseAssetIncreaseDecrease`	$-6.90M	USD	2 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightofUseAssetIncreaseDecrease`	$-6.60M	USD	2 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$9.80M	USD	2 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$-4.80M	USD	2 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-11.00M	USD	2 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-10.40M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-18.70M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-35.80M	USD	2 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-6.50M	USD	2 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$11.40M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$2.50M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$6.90M	USD	2 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$9.80M	USD	2 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-7.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$249.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$233.20M	USD	2 Qtrs
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.40M	USD	2 Qtrs
Payments for acquisition of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$50.50M	USD	2 Qtrs
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	$3.00M	USD	2 Qtrs
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	$10.00M	USD	2 Qtrs
Proceeds from sale of product lines	`ProceedsFromSaleOfProductiveAssets`	$2.50M	USD	2 Qtrs
Proceeds from sale of product lines	`ProceedsFromSaleOfProductiveAssets`	$1.30M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$952.20M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$51.30M	USD	2 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$822.40M	USD	2 Qtrs
Proceeds from maturities and sales of short-term investments	`ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments`	$157.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$57.80M	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$200.00M	USD	2 Qtrs
Proceeds from the issuance of 0.50% Convertible Notes due 2026, net of issuance costs	`ProceedsFromConvertibleDebt`	-	USD	2 Qtrs
Proceeds from the issuance of 0.50% Convertible Notes due 2026, net of issuance costs	`ProceedsFromConvertibleDebt`	$1.04B	USD	2 Qtrs
Tax payments related to restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Tax payments related to restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$26.20M	USD	2 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$5.50M	USD	2 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$4.90M	USD	2 Qtrs
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	$300.00K	USD	2 Qtrs
Principal payments on finance leases	`FinanceLeasePrincipalPayments`	$5.80M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$300.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$100.00K	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	$497.50M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-20.90M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$344.80M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.30M	USD	2 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$652.40M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$298.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$432.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.08B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$321.30M	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`	$432.60M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$20.50M	USD	2 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	$3.90M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$10.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.20M	USD	2 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$9.40M	USD	2 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$6.90M	USD	2 Qtrs
Issuance costs in current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$700.00K	USD	2 Qtrs
Issuance costs in current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.20M	USD	2 Qtrs
Net transfer of assets from property plant and equipment to assets held-for-sale	`NetTransfersOfPropertyPlantAndEquipmentNetToDisposalGroupIncludingDiscontinuedOperationAssetsHeldForSale`	$2.10M	USD	2 Qtrs
Net transfer of assets from property plant and equipment to assets held-for-sale	`NetTransfersOfPropertyPlantAndEquipmentNetToDisposalGroupIncludingDiscontinuedOperationAssetsHeldForSale`	-	USD	2 Qtrs

Stockholders Equity 36 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`	$1.50B	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`	$1.82B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.68B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.56B	USD	Point-in-time
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.70M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.90M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Issuance of shares pursuant to equity plans, net of tax withholdings	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	$-19.10M	USD	1 Quarter
Issuance of shares pursuant to equity plans, net of tax withholdings	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	$-7.10M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$300.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Equity component of the 2026 Notes, net of tax of $67.0 million and issuance costs of $2.3 million	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$245.90M	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.50M	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$4.90M	USD	1 Quarter
Repurchases of common stock	`StockRepurchasedDuringPeriodValue`	$200.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.60M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.30M	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`	$1.50B	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`	$1.82B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.68B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.56B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$150.30M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$96.70M	USD	2 Qtrs
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.90M	USD	2 Qtrs
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-100.00K	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.90M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-100.00K	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$148.40M	USD	2 Qtrs
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$96.60M	USD	2 Qtrs
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$48.90M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$82.80M	USD	1 Quarter

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