2022 Q3 Form 10-Q Financial Statement

#000113863922000127 Filed on July 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $390.4M $358.0M $338.9M
YoY Change 9.73% 5.84% 2.41%
Cost Of Revenue $256.0M $248.8M $227.2M
YoY Change 7.7% 14.2% 6.24%
Gross Profit $134.4M $109.2M $111.6M
YoY Change 13.82% -9.29% -4.6%
Gross Profit Margin 34.43% 30.5% 32.95%
Selling, General & Admin $62.84M $65.48M $63.71M
YoY Change 2.14% -0.76% 7.48%
% of Gross Profit 46.75% 59.96% 57.07%
Research & Development $76.16M $78.64M $73.41M
YoY Change -0.64% 6.36% -0.16%
% of Gross Profit 56.66% 72.01% 65.75%
Depreciation & Amortization $11.50M $11.20M $11.60M
YoY Change -4.17% 14.29% 0.87%
% of Gross Profit 8.56% 10.26% 10.39%
Operating Expenses $143.7M $148.9M $148.1M
YoY Change -3.59% 3.68% 5.71%
Operating Profit -$9.307M -$39.71M -$36.49M
YoY Change -69.95% 70.83% 57.89%
Interest Expense $6.516M $7.252M $4.992M
YoY Change -48.38% -39.65% -57.85%
% of Operating Profit
Other Income/Expense, Net $2.169M -$10.67M $1.081M
YoY Change -112.49% 15.07% -104.47%
Pretax Income -$7.100M -$50.40M -$35.40M
YoY Change -85.31% 55.08% -25.16%
Income Tax $4.800M $5.300M $6.400M
% Of Pretax Income
Net Earnings -$11.93M -$55.72M -$41.85M
YoY Change -77.82% 56.55% -13.39%
Net Earnings / Revenue -3.06% -15.57% -12.35%
Basic Earnings Per Share -$0.05 -$0.26 -$0.20
Diluted Earnings Per Share -$0.05 -$0.26 -$0.20
COMMON SHARES
Basic Shares Outstanding 216.9M shares 215.5M shares 212.2M shares
Diluted Shares Outstanding 217.6M shares 215.5M shares 212.2M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $198.0M $130.9M $191.9M
YoY Change -2.67% -40.45% -17.98%
Cash & Equivalents $198.0M $130.9M $191.9M
Short-Term Investments
Other Short-Term Assets $168.8M $182.6M $167.7M
YoY Change 17.99% 30.96% 17.7%
Inventory $331.1M $309.6M $291.7M
Prepaid Expenses
Receivables $284.0M $302.9M $276.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $981.9M $926.0M $927.4M
YoY Change 7.96% 1.29% 1.22%
LONG-TERM ASSETS
Property, Plant & Equipment $195.4M $196.7M $196.9M
YoY Change -8.75% -10.78% -9.74%
Goodwill $224.2M $237.2M $249.5M
YoY Change -15.3% -11.71% -5.91%
Intangibles $55.58M $65.83M $76.27M
YoY Change -42.82% -38.16% -33.78%
Long-Term Investments
YoY Change
Other Assets $39.52M $39.81M $39.91M
YoY Change 4.76% -0.48% -0.33%
Total Long-Term Assets $517.8M $542.8M $568.1M
YoY Change -17.01% -16.01% -12.69%
TOTAL ASSETS
Total Short-Term Assets $981.9M $926.0M $927.4M
Total Long-Term Assets $517.8M $542.8M $568.1M
Total Assets $1.500B $1.469B $1.496B
YoY Change -2.2% -5.88% -4.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $246.1M $208.9M $188.5M
YoY Change 42.02% 20.77% 24.0%
Accrued Expenses $133.6M $142.0M $142.9M
YoY Change -8.13% 7.9% 10.27%
Deferred Revenue $106.7M $116.0M $129.8M
YoY Change -1.01% -3.23% 4.43%
Short-Term Debt $47.00K $40.00K -$5.000K
YoY Change -90.27% -90.57% -100.02%
Long-Term Debt Due $500.0K $500.0K $500.0K
YoY Change -73.68% -75.0% 25.0%
Total Short-Term Liabilities $578.2M $555.2M $562.5M
YoY Change 11.15% 7.86% 11.18%
LONG-TERM LIABILITIES
Long-Term Debt $667.1M $640.1M $599.5M
YoY Change 42.29% 38.83% 32.22%
Other Long-Term Liabilities $50.20M $57.33M $62.18M
YoY Change -40.78% -34.22% -28.36%
Total Long-Term Liabilities $717.3M $697.4M $661.7M
YoY Change 29.57% 27.21% 22.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $578.2M $555.2M $562.5M
Total Long-Term Liabilities $717.3M $697.4M $661.7M
Total Liabilities $1.295B $1.253B $1.224B
YoY Change 20.65% 17.84% 17.02%
SHAREHOLDERS EQUITY
Retained Earnings -$1.733B -$1.721B -$1.665B
YoY Change 4.09% 6.82% 5.7%
Common Stock $1.886B $1.867B $1.851B
YoY Change -6.41% -6.47% -6.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $114.2M $116.6M $170.2M
YoY Change
Total Liabilities & Shareholders Equity $1.500B $1.469B $1.496B
YoY Change -2.2% -5.88% -4.56%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$11.93M -$55.72M -$41.85M
YoY Change -77.82% 56.55% -13.39%
Depreciation, Depletion And Amortization $11.50M $11.20M $11.60M
YoY Change -4.17% 14.29% 0.87%
Cash From Operating Activities $19.63M -$72.42M $15.79M
YoY Change -249.03% -439.45% -15.25%
INVESTING ACTIVITIES
Capital Expenditures -$11.02M -$10.67M $16.06M
YoY Change 68.95% -24.29% 37.01%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$11.02M -$10.67M -$16.06M
YoY Change 68.95% -24.29% 37.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.875M
YoY Change -5.02%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 45.43M 34.83M $6.412M
YoY Change 1091.11% -224.21% -108.85%
NET CHANGE
Cash From Operating Activities 19.63M -72.42M $15.79M
Cash From Investing Activities -11.02M -10.67M -$16.06M
Cash From Financing Activities 45.43M 34.83M $6.412M
Net Change In Cash 54.04M -48.25M $1.507M
YoY Change -440.17% 132.02% -102.29%
FREE CASH FLOW
Cash From Operating Activities $19.63M -$72.42M $15.79M
Capital Expenditures -$11.02M -$10.67M $16.06M
Free Cash Flow $30.66M -$61.75M -$271.0K
YoY Change -561.04% -274.33% -103.92%

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us-gaap Operating Expenses
OperatingExpenses
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CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
104000 usd
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
27000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
157000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
67000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
7252000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
12017000 usd
us-gaap Interest Expense
InterestExpense
12244000 usd
us-gaap Interest Expense
InterestExpense
23860000 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2719000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2500000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-79830000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4086000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-50382000 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5339000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3075000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-35594000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
1626000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.26
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.46
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.41
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215509000 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
206780000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
213846000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
204709000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215509000 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
206780000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
213846000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204709000 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-35594000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-14009000 usd
CY2021Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
5480000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-25210000 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1647000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-82000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1725000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-13927000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6344000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-25041000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3372000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-69648000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-29250000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
357985000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13559000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16542000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
50839000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
54326000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
64398000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
70868000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5400000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
5500000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-122612000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-80544000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
170205000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
3000 usd
CY2022Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1860000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
17858000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-13927000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-55721000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
116558000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
323771000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
8881000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
4000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2390000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
30905000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-25041000 usd
us-gaap Net Income Loss
NetIncomeLoss
-97571000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
116558000 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
393348000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
3000 usd
CY2021Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1460000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13952000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6344000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-35594000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
376593000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
426284000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
332000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
9012000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
6000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3398000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
24901000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3372000 usd
us-gaap Net Income Loss
NetIncomeLoss
-83916000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
376593000 usd
us-gaap Net Income Loss
NetIncomeLoss
-97571000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
42706000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
39308000 usd
us-gaap Restructuring Costs
RestructuringCosts
5657000 usd
us-gaap Restructuring Costs
RestructuringCosts
824000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4124000 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
15834000 usd
infn Operating Lease Expense Operating Activities
OperatingLeaseExpenseOperatingActivities
4987000 usd
infn Operating Lease Expense Operating Activities
OperatingLeaseExpenseOperatingActivities
8526000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
30722000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
24913000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-868000 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3090000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-50396000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-36293000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
22225000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6120000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
31934000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2120000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2085000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-24335000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-22146000 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-14311000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39934000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26726000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25789000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
80000000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
40000000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
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infn Repayment Of Third Party Manufacturing Funding
RepaymentOfThirdPartyManufacturingFunding
0 usd
infn Repayment Of Third Party Manufacturing Funding
RepaymentOfThirdPartyManufacturingFunding
24610000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
245000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
130000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
783000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
infn Payment For Term License Obligation
PaymentForTermLicenseObligation
3643000 usd
infn Payment For Term License Obligation
PaymentForTermLicenseObligation
3930000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
577000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
819000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8875000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9344000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2384000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3398000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
41243000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-100543000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5225000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4245000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-47339000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-82153000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
202521000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315383000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
155182000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
233230000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4435000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13162000 usd
us-gaap Interest Paid Net
InterestPaidNet
7995000 usd
us-gaap Interest Paid Net
InterestPaidNet
9862000 usd
infn Unpaid Debt Issuancecosts
UnpaidDebtIssuancecosts
365000 usd
infn Unpaid Debt Issuancecosts
UnpaidDebtIssuancecosts
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infn Transfer Of Inventory To Fixed Assets
TransferOfInventoryToFixedAssets
3705000 usd
infn Transfer Of Inventory To Fixed Assets
TransferOfInventoryToFixedAssets
1735000 usd
infn Term Licenses Incurred But Not Yet Paid
TermLicensesIncurredButNotYetPaid
7343000 usd
infn Term Licenses Incurred But Not Yet Paid
TermLicensesIncurredButNotYetPaid
9807000 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
130856000 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
219735000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
21142000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
2840000 usd
CY2022Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
3184000 usd
CY2021Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10655000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
155182000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
233230000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
82113000 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1701000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17715000 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
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CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
4000000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
13300000 usd
CY2022Q2 infn Operating Lease Accelerated Rent Expense
OperatingLeaseAcceleratedRentExpense
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infn Operating Lease Accelerated Rent Expense
OperatingLeaseAcceleratedRentExpense
6400000 usd
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
5300000 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
12600000 usd
CY2021Q2 infn Operating Lease Accelerated Rent Expense
OperatingLeaseAcceleratedRentExpense
400000 usd
infn Operating Lease Accelerated Rent Expense
OperatingLeaseAcceleratedRentExpense
2400000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
64398000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y8M12D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M3D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0920
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0706
us-gaap Operating Lease Payments
OperatingLeasePayments
12876000 usd
infn Finance Lease Payments
FinanceLeasePayments
577000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4975000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
357985000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
338227000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
696859000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
669134000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
338227000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
696859000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
669134000 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
302928000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
358954000 usd
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
56127000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
49052000 usd
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
145173000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
168909000 usd
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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us-gaap Contract With Customer Liability Revenue Recognized
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AllowanceForDoubtfulAccountsReceivable
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us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q2 us-gaap Long Term Debt Current
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CY2022Q2 us-gaap Debt Instrument Carrying Amount
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
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LesseeOperatingLeaseLiabilityPaymentsDueYearThree
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
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LesseeOperatingLeaseLiabilityPaymentsDueYearFive
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CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
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FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
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CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
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FinanceLeaseLiabilityPaymentsDueYearFive
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CY2022Q2 us-gaap Contractual Obligation
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CY2022Q2 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
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CY2022Q2 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
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CY2022Q2 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
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CY2022Q2 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
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CY2022Q2 us-gaap Contractual Obligation Due In Fourth Year
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ContractualObligationDueInFifthYear
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AssetRetirementObligationsNoncurrent
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AssetRetirementObligationsNoncurrent
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CY2022Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
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CY2022Q2 us-gaap Share Price
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IncomeTaxExpenseBenefit
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CY2022Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2021Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
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CY2022Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2021Q2 us-gaap Income Tax Expense Benefit
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CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q2 infn Income Tax Provision Increase Decrease
IncomeTaxProvisionIncreaseDecrease
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us-gaap Number Of Operating Segments
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CY2021Q4 us-gaap Noncurrent Assets
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CY2022Q1 us-gaap Product Warranty Accrual
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39585000 usd
CY2021Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
38887000 usd
CY2021Q4 us-gaap Product Warranty Accrual
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44310000 usd
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
40708000 usd
CY2022Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5253000 usd
CY2021Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5845000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
11228000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
11162000 usd
CY2022Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5022000 usd
CY2021Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6206000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
10731000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
12749000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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CY2021Q2 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
3144000 usd
us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
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us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
2549000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
36769000 usd
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
41670000 usd
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
36769000 usd
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
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CY2022Q2 infn Outstanding Standby Letters Of Credit
OutstandingStandbyLettersOfCredit
20800000 usd
CY2021Q4 infn Outstanding Standby Letters Of Credit
OutstandingStandbyLettersOfCredit
22500000 usd
CY2022Q2 infn Outstanding Standby Letters Of Credit
OutstandingStandbyLettersOfCredit
20816000 usd
CY2021Q4 infn Outstanding Standby Letters Of Credit
OutstandingStandbyLettersOfCredit
22500000 usd
CY2022Q2 infn Bond Secure Amount
BondSecureAmount
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CY2022Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
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CY2021Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
115000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
156000 usd
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
229000 usd
CY2022Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
314000 usd
CY2021Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
323000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
647000 usd
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
645000 usd
CY2022Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
739000 usd
CY2021Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
740000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1519000 usd
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1477000 usd
CY2022Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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CY2021Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
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CY2022Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
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CY2021Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
562000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-547000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1122000 usd

Files In Submission

Name View Source Status
0001138639-22-000127-index-headers.html Edgar Link pending
0001138639-22-000127-index.html Edgar Link pending
0001138639-22-000127.txt Edgar Link pending
0001138639-22-000127-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
infn-06252022exhibit311.htm Edgar Link pending
infn-06252022exhibit312.htm Edgar Link pending
infn-06252022exhibit321.htm Edgar Link pending
infn-20220625.htm Edgar Link pending
infn-20220625.xsd Edgar Link pending
infn-20220625_cal.xml Edgar Link unprocessable
infn-20220625_def.xml Edgar Link unprocessable
infn-20220625_htm.xml Edgar Link completed
infn-20220625_lab.xml Edgar Link unprocessable
infn-20220625_pre.xml Edgar Link unprocessable
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