10-Q Filing

Lumentum Holdings Inc. CIK: 1633978 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001633978-21-000009`
Period End Date	20210331
Filing Date	20210512
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	lite-20210403_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 84 Cash Flow Statement 102 Stockholders Equity 50 Comprehensive Income 24

Balance Sheet 79 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`	75.10M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	75.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$688.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$298.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$687.70M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.10M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.37B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.80M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.26B	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$233.50M	USD	Point-in-time
Accounts receivable, net	`ContractWithCustomerAssetNet`	$224.80M	USD	Point-in-time
Inventories	`InventoryNet`	$210.70M	USD	Point-in-time
Inventories	`InventoryNet`	$188.90M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$79.70M	USD	Point-in-time
Prepayments and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$73.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.57B	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`	$378.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$70.30M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$78.70M	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`	$316.80M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$263.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$81.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$89.90M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$4.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$5.80M	USD	Point-in-time
Total assets	`Assets`	$3.29B	USD	Point-in-time
Total assets	`Assets`	$3.75B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$104.70M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$150.80M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$53.40M	USD	Point-in-time
Accrued payroll and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$45.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$39.50M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$23.70M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	$385.30M	USD	Point-in-time
Convertible notes, current	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$11.80M	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`	$87.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$283.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$674.20M	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$778.90M	USD	Point-in-time
Convertible notes, non-current	`ConvertibleDebtNoncurrent`	$1.12B	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$57.60M	USD	Point-in-time
Operating lease liabilities, non-current	`OperatingLeaseLiabilityNoncurrent`	$50.50M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$46.50M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$31.60M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$36.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$45.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.54B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.58B	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, 75.8 and 75.1 shares issued and outstanding as of April 3, 2021 and June 27, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Common stock, $0.001 par value, 990 authorized shares, 75.8 and 75.1 shares issued and outstanding as of April 3, 2021 and June 27, 2020, respectively	`CommonStockValue`	$100.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.68B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$440.40M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$64.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.90M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.70M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.82B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.73B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.56B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.92B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.68B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.29B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$3.75B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.35B	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.31B	USD	3 Qtrs
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$419.50M	USD	1 Quarter
Net revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$402.80M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$684.60M	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$231.20M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$218.70M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$757.20M	USD	3 Qtrs
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$13.90M	USD	1 Quarter
Amortization of acquired developed intangibles	`CostOfGoodsAndServicesSoldAmortization`	$38.80M	USD	3 Qtrs
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`	$514.50M	USD	3 Qtrs
Gross profit	`GrossProfit`	$185.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$620.30M	USD	3 Qtrs
Gross profit	`GrossProfit`	$157.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$57.20M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$160.40M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$48.70M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$149.60M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$183.10M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$65.50M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$61.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$180.40M	USD	3 Qtrs
Restructuring and related charges	`RestructuringCharges`	$2.70M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$4.90M	USD	3 Qtrs
Restructuring and related charges	`RestructuringCharges`	$2.90M	USD	1 Quarter
Restructuring and related charges	`RestructuringCharges`	$3.10M	USD	3 Qtrs
Merger termination fee and related costs, net	`MergerTerminationFee`	$207.50M	USD	3 Qtrs
Merger termination fee and related costs, net	`MergerTerminationFee`	$207.50M	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
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$2.50M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$2.50M	USD	3 Qtrs
Total operating expenses (income)	`OperatingExpenses`	$337.40M	USD	3 Qtrs
Total operating expenses (income)	`OperatingExpenses`	$115.20M	USD	1 Quarter
Total operating expenses (income)	`OperatingExpenses`	$-81.90M	USD	1 Quarter
Total operating expenses (income)	`OperatingExpenses`	$139.10M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$42.50M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$266.90M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$481.20M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$177.10M	USD	3 Qtrs
Interest expense	`InterestExpense`	$45.30M	USD	3 Qtrs
Interest expense	`InterestExpense`	$48.70M	USD	3 Qtrs
Interest expense	`InterestExpense`	$15.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.10M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$2.40M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$27.90M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$21.70M	USD	1 Quarter
Income before income taxes	`IncomeLossAttributableToParent`	$48.60M	USD	1 Quarter
Income before income taxes	`IncomeLossAttributableToParent`	$159.70M	USD	3 Qtrs
Income before income taxes	`IncomeLossAttributableToParent`	$252.90M	USD	1 Quarter
Income before income taxes	`IncomeLossAttributableToParent`	$434.60M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$58.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$19.60M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$27.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$4.97	USD	3 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$2.97	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$1.84	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$2.85	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$1.80	USD	3 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$4.78	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.60M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.20M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.80M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	74.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.20M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.70M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.50M	shares	1 Quarter

Cash Flow Statement 102 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Depreciation expense	`Depreciation`	$27.50M	USD	1 Quarter
Depreciation expense	`Depreciation`	$87.80M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$70.40M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$22.80M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$68.70M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$56.10M	USD	3 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.00M	USD	3 Qtrs
Gain on sale of product lines	`GainLossOnSaleOfBusiness`	$13.80M	USD	3 Qtrs
Gain on sale of product lines	`GainLossOnSaleOfBusiness`	$500.00K	USD	3 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$57.40M	USD	3 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$63.60M	USD	3 Qtrs
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$20.00M	USD	1 Quarter
Amortization of acquired intangibles	`AmortizationOfIntangibleAssets`	$22.00M	USD	1 Quarter
Loss and impairment charges on property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-8.90M	USD	3 Qtrs
Loss and impairment charges on property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-5.40M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$25.30M	USD	3 Qtrs
Amortization of debt discount and debt issuance costs	`AmortizationOfDebtDiscountPremium`	$43.90M	USD	3 Qtrs
Amortization of inventory fair value adjustment in connection with Oclaro acquisition	`BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory`	-	USD	3 Qtrs
Amortization of inventory fair value adjustment in connection with Oclaro acquisition	`BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory`	$5.80M	USD	3 Qtrs
Other non-cash expense (income)	`OtherNoncashIncomeExpense`	$-7.30M	USD	3 Qtrs
Other non-cash expense (income)	`OtherNoncashIncomeExpense`	$2.70M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$23.80M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-8.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-48.30M	USD	3 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightofUseAssetIncreaseDecrease`	$-9.60M	USD	3 Qtrs
Operating lease right-of-use assets, net	`OperatingLeaseRightofUseAssetIncreaseDecrease`	$-8.40M	USD	3 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$-16.50M	USD	3 Qtrs
Prepayments and other current and non-currents assets	`IncreaseDecreaseInOtherOperatingAssets`	$5.60M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-13.00M	USD	3 Qtrs
Income taxes, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-28.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-41.60M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-15.30M	USD	3 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-7.50M	USD	3 Qtrs
Accrued payroll and related expenses	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$8.60M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$6.10M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$10.40M	USD	3 Qtrs
Accrued expenses and other current and non-current liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-17.80M	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`	$614.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$401.60M	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`	$64.90M	USD	3 Qtrs
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	$10.00M	USD	3 Qtrs
Payment for asset acquisition	`PaymentsToAcquireOtherProductiveAssets`	$4.00M	USD	3 Qtrs
Proceeds from sale of product lines	`ProceedsFromSaleOfProductiveAssets`	$1.30M	USD	3 Qtrs
Proceeds from sale of product lines	`ProceedsFromSaleOfProductiveAssets`	$18.90M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$1.52B	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$692.80M	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`	$264.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-477.90M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-196.30M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$200.00M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Proceeds from the issuance of 0.50% Convertible Notes due 2026, net of issuance costs	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Proceeds from the issuance of 0.50% Convertible Notes due 2026, net of issuance costs	`ProceedsFromConvertibleDebt`	$1.04B	USD	3 Qtrs
Tax payments related to restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$33.80M	USD	3 Qtrs
Tax payments related to restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$8.60M	USD	3 Qtrs
Proceeds from employee stock plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans`	$4.90M	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`	$9.20M	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$200.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$500.00K	USD	3 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Repayment of term loan	`RepaymentsOfSecuredDebt`	$497.50M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.50M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$332.50M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$256.20M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$389.70M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$688.80M	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`	$687.70M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$432.60M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$688.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$298.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$687.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$432.60M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$688.80M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$298.00M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$687.70M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$432.60M	USD	Point-in-time
Cash paid for taxes	`IncomeTaxesPaid`	$6.60M	USD	3 Qtrs
Cash paid for taxes	`IncomeTaxesPaid`	$30.90M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$10.70M	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`	$11.70M	USD	3 Qtrs
Unpaid property, plant and equipment in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$6.70M	USD	3 Qtrs
Issuance costs in current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	3 Qtrs
Issuance costs in current liabilities	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$200.00K	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.20M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.40M	USD	3 Qtrs

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning of the period	`StockholdersEquity`	$2.17B	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`	$1.73B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.56B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.75B	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`	$1.50B	USD	Point-in-time
Balance at the beginning of the period	`StockholdersEquity`	$1.68B	USD	Point-in-time
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.20M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-300.00K	USD	1 Quarter
Issuance of shares pursuant to equity plans, net of tax withholdings	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	$-8.60M	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
Issuance of shares pursuant to equity plans, net of tax withholdings	`StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes`	$-7.60M	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$100.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$300.00K	USD	1 Quarter
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$200.00K	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`	$4.90M	USD	1 Quarter
ESPP shares issued	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$5.50M	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`	$20.30M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.50M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$25.40M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.80M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.60M	USD	1 Quarter
Balance at the end of the period	`StockholdersEquity`	$2.17B	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`	$1.73B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.56B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.75B	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`	$1.50B	USD	Point-in-time
Balance at the end of the period	`StockholdersEquity`	$1.68B	USD	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$375.80M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$49.10M	USD	1 Quarter
Net income	`NetIncomeLoss`	$140.10M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$83.20M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.40M	USD	1 Quarter
Net income	`NetIncomeLoss`	$47.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$225.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$67.10M	USD	1 Quarter
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.20M	USD	1 Quarter
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-300.00K	USD	1 Quarter
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-1.30M	USD	3 Qtrs
Net change in unrealized loss on available-for-sale securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$100.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.20M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.20M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-200.00K	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.50M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-300.00K	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$373.60M	USD	3 Qtrs
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$225.20M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$42.20M	USD	1 Quarter
Comprehensive income, net of tax	`ComprehensiveIncomeNetOfTax`	$138.80M	USD	3 Qtrs

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