2022 Q3 Form 10-K Financial Statement

#000162828022023617 Filed on August 24, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 2021 Q3
Revenue $422.1M $1.713B $392.1M
YoY Change 7.65% -1.73% -13.33%
Cost Of Revenue $240.4M $924.0M $229.3M
YoY Change 4.84% -3.72% -7.05%
Gross Profit $181.7M $788.6M $162.8M
YoY Change 11.61% 0.7% -20.86%
Gross Profit Margin 43.05% 46.05% 41.52%
Selling, General & Admin $64.00M $265.7M $58.30M
YoY Change 9.78% 10.07% 3.55%
% of Gross Profit 35.22% 33.69% 35.81%
Research & Development $56.70M $220.7M $54.10M
YoY Change 4.81% 2.89% 7.34%
% of Gross Profit 31.21% 27.99% 33.23%
Depreciation & Amortization $41.60M $81.60M $43.10M
YoY Change -3.48% -10.72% 81.09%
% of Gross Profit 22.89% 10.35% 26.47%
Operating Expenses $126.3M $485.3M $117.0M
YoY Change 7.95% 89.5% 9.65%
Operating Profit $55.40M $303.3M $45.80M
YoY Change 20.96% -42.45% -53.74%
Interest Expense -$18.30M $80.20M $18.00M
YoY Change -201.67% 20.24% 12.5%
% of Operating Profit -33.03% 26.44% 39.3%
Other Income/Expense, Net $0.00 $12.00M $700.0K
YoY Change -100.0% 328.57% 16.67%
Pretax Income $37.10M $235.1M $28.50M
YoY Change 30.18% -49.23% -65.91%
Income Tax $2.400M $36.20M $7.000M
% Of Pretax Income 6.47% 15.4% 24.56%
Net Earnings $34.70M $198.9M $21.50M
YoY Change 61.4% -49.94% -67.96%
Net Earnings / Revenue 8.22% 11.61% 5.48%
Basic Earnings Per Share $2.79 $0.29
Diluted Earnings Per Share $485.3K $2.68 $0.28
COMMON SHARES
Basic Shares Outstanding 68.10M shares 71.20M shares 74.80M shares
Diluted Shares Outstanding 74.20M shares 77.50M shares

Balance Sheet

Concept 2022 Q3 2022 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.549B $2.549B $1.946B
YoY Change 30.99% 30.99% 20.82%
Cash & Equivalents $1.290B $1.054B $774.3M
Short-Term Investments $1.259B $1.259B $1.172B
Other Short-Term Assets $78.10M $78.10M $81.60M
YoY Change -4.29% -4.29% 2.26%
Inventory $250.1M $250.1M $196.4M
Prepaid Expenses
Receivables $262.0M $262.0M $212.8M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.139B $3.139B $2.437B
YoY Change 28.82% 28.82% 12.47%
LONG-TERM ASSETS
Property, Plant & Equipment $434.1M $434.1M $428.5M
YoY Change 1.31% 1.31% -8.46%
Goodwill $368.9M $368.9M
YoY Change 0.0% 0.0%
Intangibles $155.7M $241.2M
YoY Change -35.45% -18.54%
Long-Term Investments
YoY Change
Other Assets $37.30M $64.30M $3.300M
YoY Change 1030.3% -15.62% -45.0%
Total Long-Term Assets $1.023B $1.023B $1.115B
YoY Change -8.23% -8.23% -8.68%
TOTAL ASSETS
Total Short-Term Assets $3.139B $3.139B $2.437B
Total Long-Term Assets $1.023B $1.023B $1.115B
Total Assets $4.162B $4.162B $3.552B
YoY Change 17.19% 17.19% 4.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $156.7M $156.7M $116.9M
YoY Change 34.05% 34.05% -19.93%
Accrued Expenses $44.70M $120.5M $33.10M
YoY Change 35.05% 9.65% -3.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $409.9M $409.9M $390.7M
YoY Change 4.91% 4.91% 97575.0%
Total Short-Term Liabilities $716.5M $716.5M $664.6M
YoY Change 7.81% 7.81% 126.52%
LONG-TERM LIABILITIES
Long-Term Debt $1.466B $1.466B $789.8M
YoY Change 85.63% 85.63% -30.4%
Other Long-Term Liabilities $42.90M $91.70M $40.90M
YoY Change 4.89% 3.62% 5.41%
Total Long-Term Liabilities $42.90M $1.558B $40.90M
YoY Change 4.89% 77.37% 5.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $716.5M $716.5M $664.6M
Total Long-Term Liabilities $42.90M $1.558B $40.90M
Total Liabilities $2.287B $2.287B $1.579B
YoY Change 44.87% 44.87% 0.48%
SHAREHOLDERS EQUITY
Retained Earnings -$129.1M $220.9M
YoY Change -158.44% 67.73%
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 $1.875B $1.875B $1.973B
YoY Change
Total Liabilities & Shareholders Equity $4.162B $4.162B $3.552B
YoY Change 17.19% 17.19% 4.85%

Cashflow Statement

Concept 2022 Q3 2022 2021 Q3
OPERATING ACTIVITIES
Net Income $34.70M $198.9M $21.50M
YoY Change 61.4% -49.94% -67.96%
Depreciation, Depletion And Amortization $41.60M $81.60M $43.10M
YoY Change -3.48% -10.72% 81.09%
Cash From Operating Activities $114.3M $459.3M $124.2M
YoY Change -7.97% -37.82% 18.62%
INVESTING ACTIVITIES
Capital Expenditures -$28.60M $91.20M -$18.40M
YoY Change 55.43% 7.55% -169.96%
Acquisitions $0.00
YoY Change
Other Investing Activities $171.3M -$135.1M $215.7M
YoY Change -20.58% -241.02% -345.95%
Cash From Investing Activities $142.7M -$226.3M $197.3M
YoY Change -27.67% -22730.0% -273.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $543.9M
YoY Change 130.47%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -97.10M $282.9M -234.9M
YoY Change -58.66% -207.4% 1123.44%
NET CHANGE
Cash From Operating Activities 114.3M $459.3M 124.2M
Cash From Investing Activities 142.7M -$226.3M 197.3M
Cash From Financing Activities -97.10M $282.9M -234.9M
Net Change In Cash 159.9M $515.9M 86.60M
YoY Change 84.64% 8.31% -403.86%
FREE CASH FLOW
Cash From Operating Activities $114.3M $459.3M $124.2M
Capital Expenditures -$28.60M $91.20M -$18.40M
Free Cash Flow $142.9M $368.1M $142.6M
YoY Change 0.21% -43.71% 81.89%

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CY2022Q3 us-gaap Stockholders Equity
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CY2021Q3 us-gaap Stockholders Equity
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4162200000 usd
CY2021Q3 us-gaap Liabilities And Stockholders Equity
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3551600000 usd
CY2022 us-gaap Net Income Loss
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198900000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
397300000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
135500000 usd
CY2022 us-gaap Depreciation
Depreciation
81600000 usd
CY2021 us-gaap Depreciation
Depreciation
91400000 usd
CY2020 us-gaap Depreciation
Depreciation
113300000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
103100000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
92900000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
73200000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022 us-gaap Gain Loss On Sale Of Business
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0 usd
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
500000 usd
CY2020 us-gaap Gain Loss On Sale Of Business
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14500000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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85500000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
85700000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
78600000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
3000000.0 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-300000 usd
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-21800000 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
72400000 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
60200000 usd
CY2020 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
39600000 usd
CY2022 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
0 usd
CY2021 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
0 usd
CY2020 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
5800000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-11400000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-9900000 usd
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2400000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
49200000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
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-20200000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5000000.0 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
51800000 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6600000 usd
CY2020 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-32700000 usd
CY2022 lite Operating Lease Right Of Use Asset Increase Decrease
OperatingLeaseRightOfUseAssetIncreaseDecrease
6200000 usd
CY2021 lite Operating Lease Right Of Use Asset Increase Decrease
OperatingLeaseRightOfUseAssetIncreaseDecrease
-11300000 usd
CY2020 lite Operating Lease Right Of Use Asset Increase Decrease
OperatingLeaseRightOfUseAssetIncreaseDecrease
-11600000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
14300000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4800000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-17300000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
21100000 usd
CY2021 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-16000000.0 usd
CY2020 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-31300000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
47000000.0 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-34000000.0 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-11700000 usd
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
300000 usd
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
900000 usd
CY2020 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
11100000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
600000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-9000000.0 usd
CY2020 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-11600000 usd
CY2022 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
4100000 usd
CY2021 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
7500000 usd
CY2020 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-20300000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
459300000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
738700000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
524300000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
91200000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
84800000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86000000.0 usd
CY2022 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
0 usd
CY2021 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
10000000.0 usd
CY2020 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
4000000.0 usd
CY2022 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
0 usd
CY2021 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
1300000 usd
CY2020 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
20100000 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1085100000 usd
CY2021 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1991000000 usd
CY2020 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1341300000 usd
CY2022 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
973600000 usd
CY2021 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
2062200000 usd
CY2020 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
423500000 usd
CY2022 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
30000000.0 usd
CY2021 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
0 usd
CY2020 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
0 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6400000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
23300000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1000000.0 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
543900000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
236000000.0 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
200000000.0 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
854100000 usd
CY2021 us-gaap Proceeds From Convertible Debt
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0 usd
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1042200000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
39000000.0 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
39700000 usd
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14000000.0 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
13500000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
12600000 usd
CY2020 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
9900000 usd
CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1800000 usd
CY2021 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2020 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
500000 usd
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12500000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
200000 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
700000 usd
CY2022 us-gaap Repayments Of Secured Debt
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0 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 usd
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
497500000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
282900000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
328800000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
515900000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
476300000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-134600000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
774300000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
298000000.0 usd
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
432600000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1290200000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
774300000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
298000000.0 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
57000000.0 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
50000000.0 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
7600000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
7500000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
6400000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
13400000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3400000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10600000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12300000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14800000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1400000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2200000 usd
CY2022 lite Net Transfers Of Property Plant And Equipment Net To Disposal Group Including Discontinued Operation Assets Held For Sale
NetTransfersOfPropertyPlantAndEquipmentNetToDisposalGroupIncludingDiscontinuedOperationAssetsHeldForSale
0 usd
CY2021 lite Net Transfers Of Property Plant And Equipment Net To Disposal Group Including Discontinued Operation Assets Held For Sale
NetTransfersOfPropertyPlantAndEquipmentNetToDisposalGroupIncludingDiscontinuedOperationAssetsHeldForSale
0 usd
CY2020 lite Net Transfers Of Property Plant And Equipment Net To Disposal Group Including Discontinued Operation Assets Held For Sale
NetTransfersOfPropertyPlantAndEquipmentNetToDisposalGroupIncludingDiscontinuedOperationAssetsHeldForSale
3100000 usd
CY2022 lite Repurchase Of Common Stock Pending Settlement
RepurchaseOfCommonStockPendingSettlement
10100000 usd
CY2021 lite Repurchase Of Common Stock Pending Settlement
RepurchaseOfCommonStockPendingSettlement
5000000.0 usd
CY2020 lite Repurchase Of Common Stock Pending Settlement
RepurchaseOfCommonStockPendingSettlement
0 usd
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1497100000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
135500000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
800000 usd
CY2020 lite Withholding Taxes Related To Net Share Settlement Of Restricted Stock Units Value
WithholdingTaxesRelatedToNetShareSettlementOfRestrictedStockUnitsValue
14000000.0 usd
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
700000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
245900000 usd
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
9900000 usd
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
200000000.0 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
73300000 usd
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1749200000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
397300000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
300000 usd
CY2021 lite Withholding Taxes Related To Net Share Settlement Of Restricted Stock Units Value
WithholdingTaxesRelatedToNetShareSettlementOfRestrictedStockUnitsValue
39700000 usd
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
200000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
12600000 usd
CY2021 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
241000000.0 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
93900000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1972800000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
198900000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7800000 usd
CY2022 lite Withholding Taxes Related To Net Share Settlement Of Restricted Stock Units Value
WithholdingTaxesRelatedToNetShareSettlementOfRestrictedStockUnitsValue
39000000.0 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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180600000 usd
CY2022 lite Adjustments To Additional Paid In Capital Equity Component In Connection With Cash Settlement
AdjustmentsToAdditionalPaidInCapitalEquityComponentInConnectionWithCashSettlement
-100000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
13600000 usd
CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
548900000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
104900000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1875000000 usd
CY2022 us-gaap Fiscal Period
FiscalPeriod
<div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Fiscal Years</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We 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 2022 and 2020 were 52-week years, ending on July 2, 2022 and June 27, 2020, respectively. Our fiscal 2021 was a 53-week year, ending on July 3, 2021.</span></div>
CY2021Q1 lite Proceeds From Contract Termination
ProceedsFromContractTermination
217600000 usd
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2400000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
2200000 shares
CY2022Q3 us-gaap Contract With Customer Liability
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0 usd
CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
600000 usd
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
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600000 usd
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1700000 usd
CY2022 lite Standard Product Warranty Term
StandardProductWarrantyTerm
P12M
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
900000 shares
CY2022 lite Material Requirements Determination Forecast Period
MaterialRequirementsDeterminationForecastPeriod
P12M
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75400000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
75900000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74200000 shares
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
198900000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
198900000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
397300000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
135500000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71200000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
600000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78400000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77600000 shares
CY2022 us-gaap Earnings Per Share Basic
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2.79
CY2021 us-gaap Earnings Per Share Basic
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5.27
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.79
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.68
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.07
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.75
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
500000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2022Q3 us-gaap Cash
Cash
235900000 usd
CY2022Q3 us-gaap Cash
Cash
235900000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1290200000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1290200000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1271900000 usd
CY2022Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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300000 usd
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Files In Submission

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