2021 Q3 Form 10-K Financial Statement

#000162828021017799 Filed on August 31, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 2020 Q2
Revenue $392.1M $1.743B $368.1M
YoY Change -13.33% 3.82% -9.02%
Cost Of Revenue $229.3M $959.7M $232.4M
YoY Change -7.05% -6.68% -26.87%
Gross Profit $162.8M $783.1M $135.7M
YoY Change -20.86% 20.44% 56.34%
Gross Profit Margin 41.52% 44.93% 36.86%
Selling, General & Admin $58.30M $241.4M $54.80M
YoY Change 3.55% 2.64% 10.93%
% of Gross Profit 35.81% 30.83% 40.38%
Research & Development $54.10M $214.5M $49.00M
YoY Change 7.34% 8.01% -1.01%
% of Gross Profit 33.23% 27.39% 36.11%
Depreciation & Amortization $43.10M $91.40M $46.70M
YoY Change 81.09% -19.33% 3.55%
% of Gross Profit 26.47% 11.67% 34.41%
Operating Expenses $117.0M $256.1M $108.7M
YoY Change 9.65% -42.59% 8.05%
Operating Profit $45.80M $527.0M $27.00M
YoY Change -53.74% 158.21% -295.65%
Interest Expense $18.00M $66.70M $15.90M
YoY Change 12.5% 8.99% 39.47%
% of Operating Profit 39.3% 12.66% 58.89%
Other Income/Expense, Net $700.0K $2.800M $3.500M
YoY Change 16.67% -91.08% -14.63%
Pretax Income $28.50M $463.1M $14.60M
YoY Change -65.91% 165.69% -169.19%
Income Tax $7.000M $65.80M $19.20M
% Of Pretax Income 24.56% 14.21% 131.51%
Net Earnings $21.50M $397.3M -$4.600M
YoY Change -67.96% 193.21% -82.17%
Net Earnings / Revenue 5.48% 22.8% -1.25%
Basic Earnings Per Share $0.29 $5.27 -$0.06
Diluted Earnings Per Share $0.28 $5.07 -$0.06
COMMON SHARES
Basic Shares Outstanding 74.80M shares 75.40M shares 75.00M shares
Diluted Shares Outstanding 77.50M shares 78.40M shares 75.00M shares

Balance Sheet

Concept 2021 Q3 2021 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.946B $1.946B $1.554B
YoY Change 20.82% 25.24% 102.19%
Cash & Equivalents $774.3M $646.0M $298.0M
Short-Term Investments $1.172B $1.172B $1.256B
Other Short-Term Assets $81.60M $81.60M $73.80M
YoY Change 2.26% 10.57% 49.7%
Inventory $196.4M $196.4M $188.9M
Prepaid Expenses
Receivables $212.8M $212.8M $233.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.437B $2.437B $2.050B
YoY Change 12.47% 18.87% 53.81%
LONG-TERM ASSETS
Property, Plant & Equipment $428.5M $428.5M $471.7M
YoY Change -8.46% -9.16% 8.86%
Goodwill $368.9M $368.9M
YoY Change 0.0% 0.0%
Intangibles $241.2M $316.8M
YoY Change -18.54% -19.88%
Long-Term Investments
YoY Change
Other Assets $3.300M $76.20M $4.000M
YoY Change -45.0% -10.56% -75.9%
Total Long-Term Assets $1.115B $1.115B $1.243B
YoY Change -8.68% -10.28% -10.2%
TOTAL ASSETS
Total Short-Term Assets $2.437B $2.437B $2.050B
Total Long-Term Assets $1.115B $1.115B $1.243B
Total Assets $3.552B $3.552B $3.293B
YoY Change 4.85% 7.87% 21.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $116.9M $116.9M $150.8M
YoY Change -19.93% -22.48% -6.22%
Accrued Expenses $33.10M $109.9M $23.70M
YoY Change -3.5% 12.03% -49.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $390.7M $390.7M $600.0K
YoY Change 97575.0% 65016.67% -88.89%
Total Short-Term Liabilities $664.6M $664.6M $283.0M
YoY Change 126.52% 134.84% -3.74%
LONG-TERM LIABILITIES
Long-Term Debt $789.8M $789.8M $1.120B
YoY Change -30.4% -29.5% 34.02%
Other Long-Term Liabilities $40.90M $88.50M $36.00M
YoY Change 5.41% -5.45% 6.82%
Total Long-Term Liabilities $40.90M $878.3M $36.00M
YoY Change 5.41% -27.65% 6.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $664.6M $664.6M $283.0M
Total Long-Term Liabilities $40.90M $878.3M $36.00M
Total Liabilities $1.579B $1.579B $1.543B
YoY Change 0.48% 2.29% 26.56%
SHAREHOLDERS EQUITY
Retained Earnings $220.9M $64.60M
YoY Change 67.73% -49.96%
Common Stock $100.0K $100.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.973B $1.973B $1.749B
YoY Change
Total Liabilities & Shareholders Equity $3.552B $3.552B $3.293B
YoY Change 4.85% 7.87% 21.2%

Cashflow Statement

Concept 2021 Q3 2021 2020 Q2
OPERATING ACTIVITIES
Net Income $21.50M $397.3M -$4.600M
YoY Change -67.96% 193.21% -82.17%
Depreciation, Depletion And Amortization $43.10M $91.40M $46.70M
YoY Change 81.09% -19.33% 3.55%
Cash From Operating Activities $124.2M $738.7M $122.7M
YoY Change 18.62% 40.89% -3.92%
INVESTING ACTIVITIES
Capital Expenditures -$18.40M $84.80M -$21.10M
YoY Change -169.96% -1.4% -75.32%
Acquisitions $0.00
YoY Change
Other Investing Activities $215.7M $95.80M -$488.7M
YoY Change -345.95% -110.67% -1671.38%
Cash From Investing Activities $197.3M $1.000M -$509.8M
YoY Change -273.07% -100.1% 837.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $236.0M
YoY Change 18.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -234.9M -$263.4M -3.700M
YoY Change 1123.44% -180.11% -470.0%
NET CHANGE
Cash From Operating Activities 124.2M $738.7M 122.7M
Cash From Investing Activities 197.3M $1.000M -509.8M
Cash From Financing Activities -234.9M -$263.4M -3.700M
Net Change In Cash 86.60M $476.3M -390.8M
YoY Change -403.86% -453.86% -625.98%
FREE CASH FLOW
Cash From Operating Activities $124.2M $738.7M $122.7M
Capital Expenditures -$18.40M $84.80M -$21.10M
Free Cash Flow $142.6M $653.9M $143.8M
YoY Change 81.89% 49.19% -32.55%

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CY2021 us-gaap Fiscal Period
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Fiscal YearsWe utilize a 52-53 week fiscal year ending on the Saturday closest to June 30th. Every fifth or sixth fiscal year will have a 53-week period. The additional week in a 53-week year is added to the third quarter, making such quarter consist of 14 weeks. Our fiscal 2021 is a 53-week year, ending on July 3, 2021. Our fiscal 2020 and 2019 ended on June 27, 2020 and June 29, 2019, respectively, and were 52-week years.
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774300000 USD
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1171800000 USD
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300000 USD
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CY2020Q2 us-gaap Cash
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100000 USD
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0 USD
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19900000 USD
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OperatingLeaseRightOfUseAssetAccumulatedAmortization
11600000 USD
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CY2020 us-gaap Depreciation
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P8Y7M6D
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85700000 USD
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78600000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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54600000 USD
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456500000 USD
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5200000 USD
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5300000 USD
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CY2018Q2 us-gaap Restructuring Reserve Current
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1900000 USD
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CY2021Q3 us-gaap Long Term Debt
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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300000 USD
CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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0 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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200000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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200000 USD
CY2021 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
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CY2020 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
300000 USD
CY2019 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
200000 USD
CY2020 us-gaap Restructuring Charges
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8000000.0 USD
CY2019 us-gaap Restructuring Charges
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31900000 USD
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7200000 USD
CY2020 us-gaap Payments For Restructuring
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17400000 USD
CY2019 us-gaap Payments For Restructuring
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5700000 USD
CY2019Q2 us-gaap Restructuring Reserve Current
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14600000 USD
CY2021 us-gaap Restructuring Charges
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7700000 USD
CY2020 us-gaap Restructuring Charges
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8000000 USD
CY2019 us-gaap Restructuring Charges
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31900000 USD
CY2021 us-gaap Asset Impairment Charges
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0 USD
CY2020 us-gaap Asset Impairment Charges
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4300000 USD
CY2019 us-gaap Asset Impairment Charges
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30700000 USD
CY2020 us-gaap Asset Impairment Charges
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4300000 USD
CY2019 us-gaap Asset Impairment Charges
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30700000 USD
CY2020 us-gaap Tangible Asset Impairment Charges
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7000000 USD
CY2019 us-gaap Tangible Asset Impairment Charges
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20800000 USD
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
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2400000 USD
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
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17500000 USD
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
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2200000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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30500000 USD
CY2021 us-gaap Income Loss Attributable To Parent
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463100000 USD
CY2020 us-gaap Income Loss Attributable To Parent
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174300000 USD
CY2019 us-gaap Income Loss Attributable To Parent
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CY2020 us-gaap Current Federal Tax Expense Benefit
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2900000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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13800000 USD
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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9200000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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19300000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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39700000 USD
CY2020 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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22200000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
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13700000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
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1700000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
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100000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
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100000 USD
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
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400000 USD
CY2021 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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1400000 USD
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
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500000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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36500000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
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23400000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
10300000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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-6500000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
24700000 USD
CY2020 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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16900000 USD
CY2019 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
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-11100000 USD
CY2021 us-gaap Income Tax Expense Benefit
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65800000 USD
CY2020 us-gaap Income Tax Expense Benefit
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38800000 USD
CY2019 us-gaap Income Tax Expense Benefit
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3100000 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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97300000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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36600000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2021 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-24600000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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45400000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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13400000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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7400000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Credits
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31800000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Credits
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10200000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
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7100000 USD
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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5600000 USD
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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4800000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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5900000 USD
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42100000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
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22900000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act Of2017 Amount
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13400000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies
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-3700000 USD
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies
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CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
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4800000 USD
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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-2800000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
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CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
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400000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
500000 USD
CY2021 us-gaap Income Tax Reconciliation Tax Settlements
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0 USD
CY2020 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
0 USD
CY2019 us-gaap Income Tax Reconciliation Tax Settlements
IncomeTaxReconciliationTaxSettlements
3000000.0 USD
CY2021 us-gaap Income Tax Expense Benefit
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65800000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38800000 USD
CY2019 us-gaap Income Tax Expense Benefit
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3100000 USD
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.1422
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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0.2226
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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-0.0931
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92000000.0 USD
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101100000 USD
CY2021Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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75300000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards Research
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67800000 USD
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CY2021Q3 us-gaap Deferred Tax Assets Inventory
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6800000 USD
CY2020Q2 us-gaap Deferred Tax Assets Inventory
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7400000 USD
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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10600000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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13100000 USD
CY2021Q3 us-gaap Deferred Tax Assets Property Plant And Equipment
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23900000 USD
CY2020Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
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23200000 USD
CY2021Q3 us-gaap Deferred Tax Assets Capital Loss Carryforwards
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12600000 USD
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DeferredTaxAssetsCapitalLossCarryforwards
11500000 USD
CY2021Q3 lite Deferred Tax Assets Tax Credit Carryforwards Scientific Research And Experimental Development Expenditures
DeferredTaxAssetsTaxCreditCarryforwardsScientificResearchAndExperimentalDevelopmentExpenditures
42100000 USD
CY2020Q2 lite Deferred Tax Assets Tax Credit Carryforwards Scientific Research And Experimental Development Expenditures
DeferredTaxAssetsTaxCreditCarryforwardsScientificResearchAndExperimentalDevelopmentExpenditures
33400000 USD
CY2021Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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5100000 USD
CY2020Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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3600000 USD
CY2021Q3 lite Deferred Tax Assets Lease Liabilities
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16300000 USD
CY2021Q3 us-gaap Deferred Tax Liabilities
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148300000 USD
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17700000 USD
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300000 USD
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200800000 USD
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208000000.0 USD
CY2021Q3 lite Deferred Tax Liabilities Acquisition Related
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59600000 USD
CY2020Q2 lite Deferred Tax Liabilities Acquisition Related
DeferredTaxLiabilitiesAcquisitionRelated
68500000 USD
CY2021Q3 us-gaap Deferred Tax Liabilities Financing Arrangements
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68000000.0 USD
CY2020Q2 us-gaap Deferred Tax Liabilities Financing Arrangements
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79400000 USD
CY2021Q3 lite Deferred Tax Liabilities Right Of Use Assets
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19600000 USD
CY2020Q2 lite Deferred Tax Liabilities Right Of Use Assets
DeferredTaxLiabilitiesRightOfUseAssets
21300000 USD
CY2021Q3 us-gaap Deferred Tax Liabilities Other
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1100000 USD
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4100000 USD
CY2020Q2 us-gaap Deferred Tax Liabilities
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173300000 USD
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37000000.0 USD
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34700000 USD
CY2021Q3 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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18300000 USD
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1000000 USD
CY2019Q2 us-gaap Unrecognized Tax Benefits
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58000000.0 USD
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8200000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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2000000.0 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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7700000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
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55500000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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6800000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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1600000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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5100000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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6500000 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits
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62100000 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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23000000 USD
CY2021Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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3800000 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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1400000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
1400000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
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92900000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
73200000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
70700000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
14600000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
10600000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
8900000 USD
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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4600000 USD
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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3600000 USD
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
129800000 USD
CY2021 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P1Y8M12D
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
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15200000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Cash Flow Effect Cash Used To Settle Awards
EmployeeServiceShareBasedCompensationCashFlowEffectCashUsedToSettleAwards
10000000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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5600000 shares
CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1200000 shares
CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
300000 shares
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4700000 shares
CY2020 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1300000 shares
CY2020 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
100000 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3500000 shares
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1400000 shares
CY2021 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
200000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2300000 shares
CY2019Q4 us-gaap Stock Repurchased During Period Shares
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2900000 shares
CY2019Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
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69.68
CY2019Q4 us-gaap Stock Repurchased During Period Value
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200000000 USD
CY2021Q2 us-gaap Stock Repurchase Program Authorized Amount1
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700000000 USD
CY2021Q2 lite Stock Repurchase Program Term
StockRepurchaseProgramTerm
P2Y
CY2021Q3 us-gaap Stock Repurchased During Period Shares
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3100000 shares
CY2021Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
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77.84
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
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1000000.0 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
800000 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
700000 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
1000000.0 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
800000 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
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6000000.0 USD
CY2021Q3 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
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1000000 USD
CY2021Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
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224500000 USD
CY2021 lite Supply Agreement Typical Duration
SupplyAgreementTypicalDuration
P1Y
CY2021 lite Supply Agreement Typical Duration
SupplyAgreementTypicalDuration
P1Y
CY2021 lite Standard Product Warranty Term
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P12M
CY2020Q2 us-gaap Product Warranty Accrual
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5000000.0 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7500000 USD
CY2021 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
7100000 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2900000 USD
CY2021 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
7100000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5400000 USD
CY2021Q3 us-gaap Product Warranty Accrual
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5000000.0 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
5000000.0 USD
CY2021 us-gaap Number Of Operating Segments
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2 segment
CY2021 us-gaap Number Of Operating Segments
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2 segment
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
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1742800000 USD
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
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1678600000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1565300000 USD
CY2021 us-gaap Gross Profit
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783100000 USD
CY2020 us-gaap Gross Profit
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650200000 USD
CY2019 us-gaap Gross Profit
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425900000 USD
CY2021 us-gaap Tangible Asset Impairment Charges
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400000 USD
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
7000000 USD
CY2019 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
20800000 USD
CY2021 us-gaap Number Of Reportable Segments
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2 segment
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1742800000 USD
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1678600000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1565300000 USD
CY2021 lite Geographic Regions Number
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3 region
CY2021 lite Geographic Regions Number
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3 region
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1742800000 USD
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1678600000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1565300000 USD
CY2021Q3 us-gaap Noncurrent Assets
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361100000 USD
CY2020Q2 us-gaap Noncurrent Assets
NoncurrentAssets
393000000.0 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
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