2021 Q4 Form 10-Q Financial Statement

#000095017021003219 Filed on November 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2021 Q2
Revenue $154.2M $138.1M $143.2M
YoY Change 18.47% 3.71% 11.28%
Cost Of Revenue $99.72M $90.41M $80.56M
YoY Change 30.53% 21.87% 7.07%
Gross Profit $54.44M $47.67M $62.67M
YoY Change 1.72% -19.15% 17.2%
Gross Profit Margin 35.31% 34.53% 43.75%
Selling, General & Admin $35.07M $30.97M $30.87M
YoY Change 20.5% 13.85% 0.22%
% of Gross Profit 64.42% 64.97% 49.25%
Research & Development $26.51M $26.76M $27.87M
YoY Change 4.77% -1.7% -2.93%
% of Gross Profit 48.69% 56.13% 44.47%
Depreciation & Amortization $3.838M $3.000M $3.000M
YoY Change -6.39% -3.23% 0.0%
% of Gross Profit 7.05% 6.29% 4.79%
Operating Expenses $61.57M $57.73M $58.74M
YoY Change 12.98% 6.07% -1.3%
Operating Profit -$7.238M -$10.06M $3.931M
YoY Change 117.75% -321.84% -165.09%
Interest Expense $760.0K $6.000K $6.000K
YoY Change -80.51% -99.81% -99.94%
% of Operating Profit 0.15%
Other Income/Expense, Net $1.151M $648.0K $26.00K
YoY Change -227.89% -138.59% -101.48%
Pretax Income -$5.327M -$9.135M $6.213M
YoY Change 1675.67% -251.17% 160.28%
Income Tax -$1.137M $1.292M $1.127M
% Of Pretax Income 18.14%
Net Earnings -$4.190M -$10.43M $5.086M
YoY Change -168.53% -290.24% 576.33%
Net Earnings / Revenue -2.72% -7.55% 3.55%
Basic Earnings Per Share -$0.09 -$0.21 $0.10
Diluted Earnings Per Share -$0.09 -$0.21 $0.10
COMMON SHARES
Basic Shares Outstanding 48.68M 48.61M 48.45M
Diluted Shares Outstanding 48.61M 49.43M

Balance Sheet

Concept 2021 Q4 2021 Q3 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $56.95M $76.71M $71.35M
YoY Change -8.04% -0.76% -8.65%
Cash & Equivalents $56.60M $75.50M $69.93M
Short-Term Investments $350.0K $1.210M $1.418M
Other Short-Term Assets $9.511M $10.16M $9.884M
YoY Change 14.59% 16.82% 6.28%
Inventory $139.9M $127.2M $119.0M
Prepaid Expenses
Receivables $158.7M $124.1M $122.7M
Other Receivables $11.23M $9.867M $20.19M
Total Short-Term Assets $376.3M $349.5M $344.5M
YoY Change 18.56% 6.14% 9.4%
LONG-TERM ASSETS
Property, Plant & Equipment $55.77M $56.56M $58.27M
YoY Change -10.63% -12.12% -10.62%
Goodwill $6.968M $6.968M $6.968M
YoY Change 0.0%
Intangibles $19.29M $20.29M $21.35M
YoY Change -17.8%
Long-Term Investments $70.62M $83.94M $82.78M
YoY Change -11.84% 7.61% -1.92%
Other Assets $30.97M $31.68M $28.39M
YoY Change 21.81% 38.93% 43.4%
Total Long-Term Assets $192.7M $208.4M $206.9M
YoY Change -7.48% 3.11% -0.42%
TOTAL ASSETS
Total Short-Term Assets $376.3M $349.5M $344.5M
Total Long-Term Assets $192.7M $208.4M $206.9M
Total Assets $569.0M $557.9M $551.4M
YoY Change 8.24% 4.99% 5.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.5M $79.07M $66.50M
YoY Change 105.27% 32.01% 6.4%
Accrued Expenses $28.57M $32.66M $31.34M
YoY Change -1.13% 7.44% 4.11%
Deferred Revenue $17.74M $16.39M $15.89M
YoY Change 25.87% 31.42%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $155.4M $134.0M $116.1M
YoY Change 64.94% 25.27% 8.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.500M $7.365M $59.84M
YoY Change -36.83% -86.56% 16.65%
Total Long-Term Liabilities $4.500M $7.365M $59.84M
YoY Change -36.83% -86.56% 16.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $155.4M $134.0M $116.1M
Total Long-Term Liabilities $4.500M $7.365M $59.84M
Total Liabilities $211.9M $194.2M $175.9M
YoY Change 38.75% 20.0% 10.98%
SHAREHOLDERS EQUITY
Retained Earnings $740.8M $760.4M
YoY Change -5.24%
Common Stock $289.7M $287.7M
YoY Change 2.65%
Preferred Stock
YoY Change
Treasury Stock (at cost) $661.5M $669.9M
YoY Change -2.64%
Treasury Stock Shares $30.59M $30.97M
Shareholders Equity $357.1M $363.8M $375.5M
YoY Change
Total Liabilities & Shareholders Equity $569.0M $557.9M $551.4M
YoY Change 8.24% 4.99% 5.5%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2021 Q2
OPERATING ACTIVITIES
Net Income -$4.190M -$10.43M $5.086M
YoY Change -168.53% -290.24% 576.33%
Depreciation, Depletion And Amortization $3.838M $3.000M $3.000M
YoY Change -6.39% -3.23% 0.0%
Cash From Operating Activities -$25.88M $10.68M $7.513M
YoY Change 131.1% -252.54% 341.94%
INVESTING ACTIVITIES
Capital Expenditures -$2.097M -$1.362M -$1.510M
YoY Change 61.31% -31.9% -11.18%
Acquisitions
YoY Change
Other Investing Activities $15.98M -$524.0K $1.776M
YoY Change 232.98% -104.33% -6.53%
Cash From Investing Activities $13.89M -$1.886M $266.0K
YoY Change 296.74% -118.67% 33.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.832M -1.830M -2.096M
YoY Change 8.0% -57.44% -52.36%
NET CHANGE
Cash From Operating Activities -25.88M 10.68M 7.513M
Cash From Investing Activities 13.89M -1.886M 266.0K
Cash From Financing Activities -5.832M -1.830M -2.096M
Net Change In Cash -17.83M 6.962M 5.683M
YoY Change 36.1% -680.17% -327.32%
FREE CASH FLOW
Cash From Operating Activities -$25.88M $10.68M $7.513M
Capital Expenditures -$2.097M -$1.362M -$1.510M
Free Cash Flow -$23.79M $12.04M $9.023M
YoY Change 140.26% -340.8% 165.38%

Facts In Submission

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CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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-124000
CY2020Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-244000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-435000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-576000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1389000
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2469000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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2718000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1326000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2668000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2827000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3739000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11753000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8149000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-7272000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
372944000
CY2021Q1 us-gaap Net Income Loss
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896000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2021Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4361000
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4374000
CY2021Q2 adtn Unvested Restricted Stock Units Dividends Accrual Adjustment For Market Changes
UnvestedRestrictedStockUnitsDividendsAccrualAdjustmentForMarketChanges
-128000
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12000
CY2021Q2 adtn Stock Vested During Period Value Restricted Stock Performance Stock Units And Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockPerformanceStockUnitsAndRestrictedStockUnits
3000
CY2021Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2308000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1808000
CY2021Q1 adtn Unvested Restricted Stock Units Dividends Accrual Adjustment For Market Changes
UnvestedRestrictedStockUnitsDividendsAccrualAdjustmentForMarketChanges
-68000
CY2021Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
50000
CY2021Q1 adtn Stock Vested During Period Value Restricted Stock Performance Stock Units And Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockPerformanceStockUnitsAndRestrictedStockUnits
81000
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1244000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1807000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
370375000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
5086000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
455000
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
375515000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-10427000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1326000
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4389000
CY2021Q3 adtn Unvested Restricted Stock Units Dividends Accrual Adjustment For Market Changes
UnvestedRestrictedStockUnitsDividendsAccrualAdjustmentForMarketChanges
2000
CY2021Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12000
CY2021Q3 adtn Stock Vested During Period Value Restricted Stock Performance Stock Units And Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockPerformanceStockUnitsAndRestrictedStockUnits
11000
CY2021Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2559000
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1842000
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
363753000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
380426000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-9969000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1392000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4328000
CY2020Q1 adtn Unvested Restricted Stock Units Dividends Accrual Adjustment For Market Changes
UnvestedRestrictedStockUnitsDividendsAccrualAdjustmentForMarketChanges
-32000
CY2020Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2758000
CY2020Q1 adtn Stock Vested During Period Value Restricted Stock Performance Stock Units And Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockPerformanceStockUnitsAndRestrictedStockUnits
23000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1791000
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
363715000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
752000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2463000
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.09
CY2020Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
4337000
CY2020Q2 adtn Unvested Restricted Stock Units Dividends Accrual Adjustment For Market Changes
UnvestedRestrictedStockUnitsDividendsAccrualAdjustmentForMarketChanges
-28000
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
24000
CY2020Q2 adtn Stock Vested During Period Value Restricted Stock Performance Stock Units And Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockPerformanceStockUnitsAndRestrictedStockUnits
2000
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1655000
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
364194000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
5481000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2668000
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
12000
CY2020Q3 adtn Stock Vested During Period Value Restricted Stock Performance Stock Units And Restricted Stock Units
StockVestedDuringPeriodValueRestrictedStockPerformanceStockUnitsAndRestrictedStockUnits
8000
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1610000
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
369593000
us-gaap Profit Loss
ProfitLoss
-4445000
us-gaap Profit Loss
ProfitLoss
-3736000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12246000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12525000
adtn Gain Loss On Investments And Dividends
GainLossOnInvestmentsAndDividends
3320000
adtn Gain Loss On Investments And Dividends
GainLossOnInvestmentsAndDividends
1819000
us-gaap Share Based Compensation
ShareBasedCompensation
5457000
us-gaap Share Based Compensation
ShareBasedCompensation
5056000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
437000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-89000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-195000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
65000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
26346000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9131000
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-11152000
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
6224000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2669000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21170000
adtn Increase Decrease In Prepaid Expense Other Current Assets And Other Assets
IncreaseDecreaseInPrepaidExpenseOtherCurrentAssetsAndOtherAssets
8514000
adtn Increase Decrease In Prepaid Expense Other Current Assets And Other Assets
IncreaseDecreaseInPrepaidExpenseOtherCurrentAssetsAndOtherAssets
672000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
29614000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
14204000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
10392000
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
5618000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
4798000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-227000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28891000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5317000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3572000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5082000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
28305000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
86145000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
28853000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
42641000
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
523000
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
500000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3620000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
37899000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
6111000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
113000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13124000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
12993000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
24600000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7126000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37593000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
18145000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-5011000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2719000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2641000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
60179000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
73773000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
75605000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
71403000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1833000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
231000
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
100000
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
442000
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.093
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:10.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;">Use of Estimates</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:10.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expense during the reporting period. The more significant estimates include excess and obsolete inventory reserves, warranty reserves, customer rebates, determination and accrual of deferred revenue components of multi-element sales agreements, estimated costs to complete obligations associated with deferred and accrued revenues and network installations, estimated income tax provision and income tax contingencies, fair value of stock-based compensation, assessment of goodwill and other intangibles for impairment, estimated lives of intangible assets, estimated pension liability and fair value of investments. Actual amounts could differ significantly from these estimates.</span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:10.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:0.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;">We assessed certain accounting matters that generally require consideration of forecasted financial information in context with the information reasonably available to us and the unknown future impacts of the SARS-CoV-2 coronavirus/COVID-19 global pandemic (or variants of the SARS-CoV-2 coronavirus, including the Delta variant) as well as supply chain constraints as of September 30, 2021</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> and through the date of this report. The accounting matters assessed included, but were not limited to, the allowance for expected credit losses, stock-based compensation, carrying value of goodwill, intangibles and other long-lived assets, financial assets, valuation allowances for tax assets, revenue recognition and costs of revenue. Future conditions related to the magnitude and duration of the COVID-19 pandemic, as well as other factors, including supply chain constraints, could result in further impacts to our consolidated financial statements in future reporting periods.</span></p>
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
75503000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60161000
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
102000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
18000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
75605000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60179000
adtn Number Of Product Categories
NumberOfProductCategories
3
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
138081000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
133143000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
408846000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
376381000
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.64
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
124146000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
98827000
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
999000
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
63000
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
16394000
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
14092000
CY2021Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
7426000
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
6888000
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
2000000.0
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
9800000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
3.545
adtn Income Tax Expense Benefit Result Of Cares Act Of2020
IncomeTaxExpenseBenefitResultOfCARESActOf2020
-7800000
CY2021Q1 adtn Income Tax Expense Benefit Result Of Alabama Business Tax Competitiveness Act
IncomeTaxExpenseBenefitResultOfAlabamaBusinessTaxCompetitivenessAct
1600000
CY2021Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
59200000
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
50200000
CY2021Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
9000000.0
CY2021Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
59189000
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
50232000
CY2021Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
8957000
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
55687000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
45818000
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
9869000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1078000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1487000
us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
17025000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000
us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
102000
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
165000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
27000
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
578000
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18178000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1078000
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
18200000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1100000
CY2021Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
18100000
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1000000.0
CY2021Q3 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
300000
CY2020Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
300000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1842000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1610000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5457000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5056000
CY2021Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
460000
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
384000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1343000
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1205000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1382000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1226000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4114000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3851000
CY2021Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
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CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
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ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
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adtn Share Based Compensation Arrangement By Share Based Payment Award Options Expired In Period Intrinsic Value
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CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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CY2021Q3 us-gaap Available For Sale Securities Debt Securities
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CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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CY2020Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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CY2020Q4 us-gaap Available For Sale Securities Debt Securities
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DebtSecuritiesAvailableForSaleRealizedGain
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CY2020Q3 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
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us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
206000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
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CY2021Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
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CY2020Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
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us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
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us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
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DebtSecuritiesAvailableForSaleRealizedGainLoss
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CY2020Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
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us-gaap Debt Securities Available For Sale Realized Gain Loss
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CY2020Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
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CY2019Q1 us-gaap Transfer Of Investments
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us-gaap Equity Securities Fv Ni Realized Gain Loss
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us-gaap Equity Securities Fv Ni Realized Gain Loss
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CY2021Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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CY2020Q3 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
2844000
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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3046000
CY2020Q3 us-gaap Equity Securities Fv Ni Gain Loss
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2780000
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us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
2789000
us-gaap Equity Securities Fv Ni Gain Loss
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1561000
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CY2020Q4 us-gaap Inventory Raw Materials Net Of Reserves
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CY2020Q4 us-gaap Inventory Work In Process Net Of Reserves
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CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
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CY2021Q3 us-gaap Inventory Net
InventoryNet
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CY2020Q4 us-gaap Inventory Net
InventoryNet
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CY2021Q3 us-gaap Inventory Valuation Reserves
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CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2021Q3 us-gaap Land
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CY2020Q4 us-gaap Land
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CY2021Q3 adtn Building
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CY2020Q4 adtn Building
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CY2021Q3 us-gaap Furniture And Fixtures Gross
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19925000
CY2020Q4 us-gaap Furniture And Fixtures Gross
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19965000
CY2021Q3 us-gaap Capitalized Computer Software Gross
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CY2020Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
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CY2021Q3 us-gaap Machinery And Equipment Gross
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134689000
CY2020Q4 us-gaap Machinery And Equipment Gross
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CY2021Q3 us-gaap Property Plant And Equipment Gross
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333955000
CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2020Q4 us-gaap Property Plant And Equipment Net
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CY2020Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2021Q3 us-gaap Depreciation
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CY2020Q3 us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Depreciation
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GoodwillImpairmentLoss
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us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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CY2020Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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us-gaap Goodwill Impairment Loss
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15955000
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FiniteLivedIntangibleAssetsNet
20291000
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39293000
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15823000
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2021Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
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984000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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3479000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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3327000
CY2020Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0
us-gaap Impairment Of Intangible Assets Excluding Goodwill
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CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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3233000
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3027000
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FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
6241000
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129000
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CY2020Q4 adtn Sales Type Lease Lease Receivable Noncurrent
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347000
CY2021Q3 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
136000
CY2020Q4 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
1049000
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SalesTypeLeasesUnearnedRevenueCurrent
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CY2020Q4 adtn Sales Type Leases Unearned Revenue Current
SalesTypeLeasesUnearnedRevenueCurrent
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SalesTypeLeasesUnearnedRevenueNoncurrent
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37000
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
781000
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2469000
CY2021Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2021Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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CY2020Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2020Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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CY2020Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
189000
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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539000
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
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180000
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
56000
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
124000
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
354000
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
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244000
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2469000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
2763000
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
95000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2668000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-471000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-113000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
600000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
156000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
444000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-13000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
630000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
195000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
435000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
835000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
259000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
576000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2914000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2914000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2718000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2718000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-2742000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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OtherComprehensiveIncomeLossBeforeTax
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us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
415000
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-10427000
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
-4445000
us-gaap Net Income Loss
NetIncomeLoss
-3736000
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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48609000
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47957000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48470000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47957000
CY2020Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
467000
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48609000
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48424000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48470000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47957000
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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4300000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
138081000
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3400000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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408846000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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376381000
CY2021Q3 us-gaap Gross Profit
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47673000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
133143000
CY2020Q3 us-gaap Gross Profit
GrossProfit
58962000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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408846000
us-gaap Gross Profit
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163942000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
376381000
us-gaap Gross Profit
GrossProfit
164034000
adtn Number Of Product Categories
NumberOfProductCategories
3
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
138081000
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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408846000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
376381000
us-gaap Standard Product Warranty Description
StandardProductWarrantyDescription
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CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
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CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7100000
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5997000
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7294000
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7146000
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8394000
CY2021Q3 adtn Product Warranty Accrual Increase Decrease For Warranties Issued
ProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssued
472000
CY2020Q3 adtn Product Warranty Accrual Increase Decrease For Warranties Issued
ProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssued
632000
adtn Product Warranty Accrual Increase Decrease For Warranties Issued
ProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssued
253000
adtn Product Warranty Accrual Increase Decrease For Warranties Issued
ProductWarrantyAccrualIncreaseDecreaseForWarrantiesIssued
970000
CY2021Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
822000
CY2020Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
734000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1752000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2172000
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5647000
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7192000
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5647000
us-gaap Restructuring Costs
RestructuringCosts
12500000
CY2021Q2 us-gaap Restructuring Reserve
RestructuringReserve
1521000
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
4186000
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1903000
us-gaap Restructuring Charges
RestructuringCharges
309000
us-gaap Restructuring Charges
RestructuringCharges
3648000
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1903000
us-gaap Restructuring Charges
RestructuringCharges
309000
us-gaap Restructuring Charges
RestructuringCharges
3648000
CY2020Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7192000
CY2021Q3 adtn Commitments Related To Performance Bonds
CommitmentsRelatedToPerformanceBonds
20900000
CY2020Q4 adtn Commitments Related To Performance Bonds
CommitmentsRelatedToPerformanceBonds
15200000
adtn Commitments Related To Performance Bonds Expiration Month And Year
CommitmentsRelatedToPerformanceBondsExpirationMonthAndYear
2024-08
CY2021Q3 adtn Letter Of Credit Secured By Pledge Of Portion Of Fixed Income Securities
LetterOfCreditSecuredByPledgeOfPortionOfFixedIncomeSecurities
18400000
CY2021Q3 adtn Commitments Towards Private Equity Funds
CommitmentsTowardsPrivateEquityFunds
4900000
us-gaap Restructuring Charges
RestructuringCharges
309000
CY2021Q3 us-gaap Payments For Restructuring
PaymentsForRestructuring
42000
us-gaap Payments For Restructuring
PaymentsForRestructuring
3016000
CY2021Q3 us-gaap Restructuring Reserve
RestructuringReserve
1479000
CY2021Q3 us-gaap Restructuring Reserve
RestructuringReserve
1479000
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
1568000
CY2020 us-gaap Restructuring Charges
RestructuringCharges
6229000
CY2020 us-gaap Payments For Restructuring
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3611000
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
4186000

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