2012 Q1 Form 10-Q Financial Statement

#000093639512000028 Filed on March 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q1 2011 Q1
Revenue $416.7M $433.3M
YoY Change -3.84% 146.34%
Cost Of Revenue $248.9M $264.8M
YoY Change -5.99% 176.7%
Gross Profit $167.8M $168.5M
YoY Change -0.45% 110.11%
Gross Profit Margin 40.26% 38.89%
Selling, General & Admin $94.08M $95.41M
YoY Change -1.4% 102.99%
% of Gross Profit 56.08% 56.62%
Research & Development $89.66M $95.79M
YoY Change -6.4% 91.58%
% of Gross Profit 53.45% 56.85%
Depreciation & Amortization $14.72M $14.54M
YoY Change 1.22% 7.73%
% of Gross Profit 8.78% 8.63%
Operating Expenses $198.9M $242.4M
YoY Change -17.93% 135.34%
Operating Profit -$31.18M -$73.89M
YoY Change -57.81% 224.09%
Interest Expense $9.570M $9.550M
YoY Change 0.21% -467.31%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$45.63M -$77.18M
YoY Change -40.87% 47.0%
Income Tax $2.020M $1.879M
% Of Pretax Income
Net Earnings -$47.65M -$79.06M
YoY Change -39.72% 48.32%
Net Earnings / Revenue -11.44% -18.24%
Basic Earnings Per Share -$0.49 -$0.84
Diluted Earnings Per Share -$0.49 -$0.84
COMMON SHARES
Basic Shares Outstanding 98.07M shares 94.50M shares
Diluted Shares Outstanding 98.07M shares 94.50M shares

Balance Sheet

Concept 2012 Q1 2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $600.7M $625.8M
YoY Change -4.01% -37.52%
Cash & Equivalents $550.5M $625.8M
Short-Term Investments $50.20M
Other Short-Term Assets $114.1M $126.0M
YoY Change -9.44% 70.73%
Inventory $248.7M $267.3M
Prepaid Expenses
Receivables $399.5M $369.7M
Other Receivables $12.40M $9.100M
Total Short-Term Assets $1.375B $1.398B
YoY Change -1.61% 9.37%
LONG-TERM ASSETS
Property, Plant & Equipment $118.1M $124.0M
YoY Change -4.75% 92.55%
Goodwill
YoY Change
Intangibles $312.2M
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $112.6M $138.5M
YoY Change -18.72% 81.52%
Total Long-Term Assets $542.9M $651.7M
YoY Change -16.7% 221.03%
TOTAL ASSETS
Total Short-Term Assets $1.375B $1.398B
Total Long-Term Assets $542.9M $651.7M
Total Assets $1.918B $2.050B
YoY Change -6.41% 38.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $176.7M $202.2M
YoY Change -12.59% 165.35%
Accrued Expenses $200.1M $186.0M
YoY Change 7.59% 87.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $456.7M $466.9M
YoY Change -2.18% 111.84%
LONG-TERM LIABILITIES
Long-Term Debt $1.442B $1.443B
YoY Change -0.02% 80.78%
Other Long-Term Liabilities $19.06M $45.00M
YoY Change -57.65% -14.61%
Total Long-Term Liabilities $19.06M $1.488B
YoY Change -98.72% 74.87%
TOTAL LIABILITIES
Total Short-Term Liabilities $456.7M $466.9M
Total Long-Term Liabilities $19.06M $1.488B
Total Liabilities $1.939B $1.955B
YoY Change -0.77% 82.48%
SHAREHOLDERS EQUITY
Retained Earnings -$5.788B
YoY Change
Common Stock $5.769B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$21.10M $95.10M
YoY Change
Total Liabilities & Shareholders Equity $1.918B $2.050B
YoY Change -6.41% 38.38%

Cashflow Statement

Concept 2012 Q1 2011 Q1
OPERATING ACTIVITIES
Net Income -$47.65M -$79.06M
YoY Change -39.72% 48.32%
Depreciation, Depletion And Amortization $14.72M $14.54M
YoY Change 1.22% 7.73%
Cash From Operating Activities $12.88M -$63.66M
YoY Change -120.23% -1514.69%
INVESTING ACTIVITIES
Capital Expenditures $7.898M $17.27M
YoY Change -54.25% -346.64%
Acquisitions
YoY Change
Other Investing Activities -$300.0K $12.90M
YoY Change -102.33% -85.7%
Cash From Investing Activities -$8.240M -$4.376M
YoY Change 88.3% -105.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.669M $5.275M
YoY Change 7.47% 5175.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $5.669M $5.275M
YoY Change 7.47% 5175.0%
NET CHANGE
Cash From Operating Activities $12.88M -$63.66M
Cash From Investing Activities -$8.240M -$4.376M
Cash From Financing Activities $5.669M $5.275M
Net Change In Cash $10.31M -$62.76M
YoY Change -116.43% -171.48%
FREE CASH FLOW
Cash From Operating Activities $12.88M -$63.66M
Capital Expenditures $7.898M $17.27M
Free Cash Flow $4.983M -$80.93M
YoY Change -106.16% -803.7%

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CY2012Q1 us-gaap Operating Cycle
OperatingCycle
52 or 53 week
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
198932000 USD
CY2011Q1 us-gaap Operating Expenses
OperatingExpenses
242398000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-73892000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-31176000 USD
CY2012Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
65493000 USD
CY2011Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
65194000 USD
CY2012Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
5785000 USD
CY2011Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
5673000 USD
CY2011Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
114123000 USD
CY2012Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
112567000 USD
CY2011Q1 us-gaap Other Comprehensive Income Available For Sale Securities Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease
183000 USD
CY2012Q1 us-gaap Other Comprehensive Income Available For Sale Securities Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease
-24000 USD
CY2012Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
364000 USD
CY2011Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
0 USD
CY2012Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-2222000 USD
CY2011Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease
-432000 USD
CY2012Q1 us-gaap Other Inventory Capitalized Costs
OtherInventoryCapitalizedCosts
76243000 USD
CY2011Q4 us-gaap Other Inventory Capitalized Costs
OtherInventoryCapitalizedCosts
67665000 USD
CY2011Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17263000 USD
CY2012Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
19056000 USD
CY2012Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2667000 USD
CY2011Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-851000 USD
CY2011Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
14769000 USD
CY2012Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
12250000 USD
CY2011Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17265000 USD
CY2012Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7898000 USD
CY2012Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
126556000 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
143357000 USD
CY2011Q4 us-gaap Prepaid Taxes
PrepaidTaxes
44969000 USD
CY2012Q1 us-gaap Prepaid Taxes
PrepaidTaxes
29154000 USD
CY2011Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5275000 USD
CY2012Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5669000 USD
CY2011Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
47282000 USD
CY2010Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
54372000 USD
CY2012Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
49044000 USD
CY2011Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
48565000 USD
CY2012Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5944000 USD
CY2011Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6900000 USD
CY2011Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-6900000 USD
CY2012Q1 us-gaap Product Warranty Expense
ProductWarrantyExpense
7706000 USD
CY2011Q1 us-gaap Product Warranty Expense
ProductWarrantyExpense
1093000 USD
CY2012Q1 us-gaap Profit Loss
ProfitLoss
78092000 USD
CY2011Q1 us-gaap Profit Loss
ProfitLoss
72716000 USD
CY2012Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
451604000 USD
CY2011Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
446690000 USD
CY2012Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
118105000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
122558000 USD
CY2011Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
95790000 USD
CY2012Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
89664000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
12533000 USD
CY2012Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
13986000 USD
CY2012Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
26920000 USD
CY2011Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
27507000 USD
CY2012Q1 us-gaap Restructuring Charges
RestructuringCharges
1722000 USD
CY2011Q1 us-gaap Restructuring Charges
RestructuringCharges
1522000 USD
CY2010Q4 us-gaap Restructuring Reserve
RestructuringReserve
7968000 USD
CY2011Q1 us-gaap Restructuring Reserve
RestructuringReserve
6877000 USD
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
3453000 USD
CY2012Q1 us-gaap Restructuring Reserve
RestructuringReserve
4470000 USD
CY2011Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
2168000 USD
CY2012Q1 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
2079000 USD
CY2011Q1 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
4709000 USD
CY2011Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
664000 USD
CY2012Q1 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
2391000 USD
CY2011Q1 us-gaap Restructuring Reserve Period Expense
RestructuringReservePeriodExpense
1522000 USD
CY2012Q1 us-gaap Restructuring Reserve Period Expense
RestructuringReservePeriodExpense
1722000 USD
CY2011Q1 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
2613000 USD
CY2012Q1 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
705000 USD
CY2012Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5788021000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5740368000 USD
CY2012Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
333673000 USD
CY2011Q1 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
352427000 USD
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
416685000 USD
CY2011Q1 us-gaap Sales Revenue Net
SalesRevenueNet
433308000 USD
CY2012Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
83012000 USD
CY2011Q1 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
80881000 USD
CY2011Q1 cien Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
3289000 USD
CY2012Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
64411000 USD
CY2011Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
57092000 USD
CY2011Q1 us-gaap Share Based Compensation
ShareBasedCompensation
9864000 USD
CY2012Q1 us-gaap Share Based Compensation
ShareBasedCompensation
8888000 USD
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.44
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
57.81
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
22000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.00
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3690000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3654000 shares
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
29.95
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.01
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
2027000 USD
CY2012Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
2431000 USD
CY2012Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.94
CY2012Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
3546000 shares
CY2012Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
3654000 shares
CY2012Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
267.52
CY2012Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
30.46
CY2012Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm1
3.22 years
CY2012Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm1
3.34 years
CY2012Q1 us-gaap Short Term Investments
ShortTermInvestments
50239000 USD
CY2011Q4 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2012Q1 cien Capital Lease Obligations Incurred But Not Yet Paid
CapitalLeaseObligationsIncurredButNotYetPaid
3078000 USD
CY2012Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14000 shares
CY2012Q1 us-gaap Stockholders Equity
StockholdersEquity
-21104000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
13873000 USD
CY2012Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
22148000 USD
CY2011Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
23481000 USD
CY2012Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements and related disclosures in conformity with accounting principles generally</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> accepted in the United States requires management to make estimates and judgments that affect the amounts reported in the consolidated financial statements and accompanying notes. Estimates are used for purchase accounting, bad debts, valuation of inventories and investments, recoverability of intangible assets, other long-lived assets, income taxes, warranty obligations, restructuring liabilities, derivatives, incentive compensation, contingencies and litigation. Ciena bases its estimates on historical experience and assumptions that it believes are reasonable. Actual results may differ materially from management&#8217;s estimates.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
CY2011Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
94496000 shares
CY2012Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98066000 shares
CY2011Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
94496000 shares
CY2012Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98066000 shares
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
98659716 shares
CY2012Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012Q1 dei Entity Registrant Name
EntityRegistrantName
CIENA CORP
CY2012Q1 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012Q1 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2011Q1 cien Capital Lease Obligations Incurred But Not Yet Paid
CapitalLeaseObligationsIncurredButNotYetPaid
1456000 USD
CY2012Q1 cien Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
0 USD
CY2012Q1 cien Depreciation Of Product Demonstration Equipment
DepreciationOfProductDemonstrationEquipment
2400000 USD
CY2011Q1 cien Depreciation Of Product Demonstration Equipment
DepreciationOfProductDemonstrationEquipment
2100000 USD
CY2012Q1 cien Interest And Other Financial Charges Net
InterestAndOtherFinancialChargesNet
14457000 USD
CY2011Q1 cien Interest And Other Financial Charges Net
InterestAndOtherFinancialChargesNet
3285000 USD
CY2011Q1 cien Interest And Other Income Net
InterestAndOtherIncomeNet
6265000 USD
CY2012Q1 cien Interest And Other Income Net
InterestAndOtherIncomeNet
-4887000 USD
CY2012Q1 cien Maintenance Spare Parts Amortization Period
MaintenanceSparePartsAmortizationPeriod
P4Y
CY2012Q1 cien Maintenance Spares Inventory Net Non Current
MaintenanceSparesInventoryNetNonCurrent
51674000 USD
CY2011Q4 cien Maintenance Spares Inventory Net Non Current
MaintenanceSparesInventoryNetNonCurrent
50442000 USD
CY2012Q1 cien Number Of Active Equity Compensation Plans
NumberOfActiveEquityCompensationPlans
2
CY2012Q1 cien Number Of Operating Segments
NumberOfOperatingSegments
4 segments
CY2011Q1 cien Proceeds From Sale Of Cost Method Investments
ProceedsFromSaleOfCostMethodInvestments
0 USD
CY2012Q1 cien Proceeds From Sale Of Cost Method Investments
ProceedsFromSaleOfCostMethodInvestments
524000 USD
CY2012Q1 cien Product Demonstration Equipment Net
ProductDemonstrationEquipmentNet
36739000 USD
CY2011Q4 cien Product Demonstration Equipment Net
ProductDemonstrationEquipmentNet
46996000 USD
CY2012Q1 cien Receipt Of Contingent Consideration Related To Business Acquisition
ReceiptOfContingentConsiderationRelatedToBusinessAcquisition
0 USD
CY2011Q1 cien Receipt Of Contingent Consideration Related To Business Acquisition
ReceiptOfContingentConsiderationRelatedToBusinessAcquisition
16394000 USD
CY2012Q1 dei Amendment Flag
AmendmentFlag
false
CY2012Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
CY2012Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2012Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012Q1 dei Document Period End Date
DocumentPeriodEndDate
2012-01-31
CY2012Q1 dei Document Type
DocumentType
10-Q
CY2012Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000936395

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