$LITE
Lumentum Holdings Inc. Stock $lite

$lite Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000162828023037591 Filed on November 08, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$366.8M	$370.8M
YoY Change	-27.62%	-12.15%
Cost Of Revenue	$302.8M	$281.2M
YoY Change	-0.92%	16.97%
Gross Profit	$64.00M	$89.60M
YoY Change	-68.19%	-50.69%
Gross Profit Margin	17.45%	24.16%
Selling, General & Admin	$85.10M	$56.90M
YoY Change	-19.49%	-11.09%
% of Gross Profit	132.97%	63.5%
Research & Development	$78.30M	$73.90M
YoY Change	7.7%	30.34%
% of Gross Profit	122.34%	82.48%
Depreciation & Amortization	$27.20M	$78.70M
YoY Change	11.02%	89.18%
% of Gross Profit	42.5%	87.83%
Operating Expenses	$169.2M	$142.2M
YoY Change	-9.86%	12.59%
Operating Profit	-$105.2M	-$52.60M
YoY Change	-879.26%	-194.95%
Interest Expense	$9.700M	$9.600M
YoY Change	14.12%	-152.46%
% of Operating Profit
Other Income/Expense, Net	$13.40M	$900.0K
YoY Change	-2.9%
Pretax Income	-$101.5M	-$45.40M
YoY Change	-639.89%	-222.37%
Income Tax	-$2.400M	$14.80M
% Of Pretax Income
Net Earnings	-$99.10M	-$60.20M
YoY Change	24675.0%	-273.49%
Net Earnings / Revenue	-27.02%	-16.24%
Basic Earnings Per Share	-$1.47	-$1.02
Diluted Earnings Per Share	-$1.47	-$0.88
COMMON SHARES
Basic Shares Outstanding	67.00M shares	66.70M shares
Diluted Shares Outstanding	67.20M shares	66.70M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.224B	$2.014B
YoY Change	-24.67%	-21.0%
Cash & Equivalents	$469.3M	$859.0M
Short-Term Investments	$754.7M	$1.155B
Other Short-Term Assets	$118.1M	$109.6M
YoY Change	10.58%	40.33%
Inventory	$471.7M	$408.6M
Prepaid Expenses
Receivables	$248.3M	$246.1M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$2.062B	$2.778B
YoY Change	-15.43%	-11.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$582.3M	$566.8M
YoY Change	21.82%	30.57%
Goodwill	$1.055B	$695.1M
YoY Change	52.03%	88.43%
Intangibles	$730.6M	$459.2M
YoY Change	26.84%	194.93%
Long-Term Investments
YoY Change
Other Assets	$14.90M	$16.80M
YoY Change	30.7%	-54.96%
Total Long-Term Assets	$2.594B	$1.854B
YoY Change	33.09%	81.25%
TOTAL ASSETS
Total Short-Term Assets	$2.062B	$2.778B
Total Long-Term Assets	$2.594B	$1.854B
Total Assets	$4.656B	$4.632B
YoY Change	6.12%	11.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$163.0M	$169.4M
YoY Change	-20.76%	8.1%
Accrued Expenses	$65.80M	$51.20M
YoY Change	24.62%	14.54%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change	-100.0%
Long-Term Debt Due	$319.7M	$311.6M
YoY Change	-23.92%	-23.98%
Total Short-Term Liabilities	$658.4M	$633.8M
YoY Change	-17.99%	-11.54%
LONG-TERM LIABILITIES
Long-Term Debt	$2.502B	$2.500B
YoY Change	31.7%	70.52%
Other Long-Term Liabilities	$97.60M	$91.40M
YoY Change	28.59%	113.05%
Total Long-Term Liabilities	$97.60M	$91.40M
YoY Change	-95.06%	113.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$658.4M	$633.8M
Total Long-Term Liabilities	$97.60M	$91.40M
Total Liabilities	$3.378B	$3.276B
YoY Change	18.08%	43.25%
SHAREHOLDERS EQUITY
Retained Earnings	-$507.6M	-$340.6M
YoY Change	629.31%	163.83%
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	$1.278B	$1.356B
YoY Change
Total Liabilities & Shareholders Equity	$4.656B	$4.632B
YoY Change	6.12%	11.29%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	-$99.10M	-$60.20M
YoY Change	24675.0%	-273.49%
Depreciation, Depletion And Amortization	$27.20M	$78.70M
YoY Change	11.02%	89.18%
Cash From Operating Activities	-$1.500M	$49.20M
YoY Change	-107.21%	-56.96%
INVESTING ACTIVITIES
Capital Expenditures	$31.00M	$36.30M
YoY Change	35.37%	-226.92%
Acquisitions
YoY Change
Other Investing Activities	-$363.9M	-$34.60M
YoY Change	-41.65%	-120.2%
Cash From Investing Activities	-$394.9M	-$70.90M
YoY Change	-38.93%	-149.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	4.100M	331.5M
YoY Change	-106.94%	-441.4%
NET CHANGE
Cash From Operating Activities	-1.500M	49.20M
Cash From Investing Activities	-394.9M	-70.90M
Cash From Financing Activities	4.100M	331.5M
Net Change In Cash	-392.3M	309.8M
YoY Change	-42.72%	93.75%
FREE CASH FLOW
Cash From Operating Activities	-$1.500M	$49.20M
Capital Expenditures	$31.00M	$36.30M
Free Cash Flow	-$32.50M	$12.90M
YoY Change	1447.62%	-90.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-400000	usd
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CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-684900000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	859000000.0	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1290200000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	861600000	usd
CY2023Q3	us-gaap	Income Taxes Paid IncomeTaxesPaid	18500000	usd
CY2022Q4	us-gaap	Income Taxes Paid IncomeTaxesPaid	29300000	usd
CY2023Q3	us-gaap	Interest Paid Net InterestPaidNet	600000	usd
CY2022Q4	us-gaap	Interest Paid Net InterestPaidNet	600000	usd
CY2023Q3	us-gaap	Business Combination Consideration Transferred Liabilities Incurred BusinessCombinationConsiderationTransferredLiabilitiesIncurred	0	usd
CY2022Q4	us-gaap	Business Combination Consideration Transferred Liabilities Incurred BusinessCombinationConsiderationTransferredLiabilitiesIncurred	50000000.0	usd
CY2023Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2022Q4	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	19400000	usd
CY2023Q3	lite	Unpaid Portion Of Acquisition Purchase Price UnpaidPortionOfAcquisitionPurchasePrice	0	usd
CY2022Q4	lite	Unpaid Portion Of Acquisition Purchase Price UnpaidPortionOfAcquisitionPurchasePrice	800000	usd
CY2023Q3	us-gaap	Fiscal Period FiscalPeriod	<div style="text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;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 30</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:6.5pt;font-weight:400;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">th</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">. 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 2024 is a 52-week year ending on June 29, 2024, with the quarter ended September 30, 2023 being a 13-week quarterly period. Our fiscal 2023 was a 52-week year that ended on July 1, 2023, with the quarter ended October 1, 2022 being a 13-week quarterly period.</span></div>
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	2003600000	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-129100000	usd
CY2022Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	12900000	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1577100000	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-43500000	usd
CY2022Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	105000000.0	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-67900000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-67900000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-67900000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-400000	usd
CY2022Q4	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-400000	usd
CY2022Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-400000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	66700000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66700000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68100000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68100000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.02
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.02
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2022Q4	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	530700000	usd
CY2022Q4	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	32400000	usd
CY2023Q3	us-gaap	Cash Cash	156300000	usd
CY2023Q3	us-gaap	Cash Cash	156300000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	861500000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	861600000	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	1088900000	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	6200000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1082700000	usd
CY2023Q3	us-gaap	Cash Cash	254300000	usd
CY2023Q3	us-gaap	Cash Cash	254300000	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	859000000.0	usd
CY2023Q3	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	859000000.0	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	1162400000	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2023Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	7800000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1154600000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	21200000	usd
CY2022Q4	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	13800000	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	21700000	usd
CY2022Q4	us-gaap	Investment Income Interest InvestmentIncomeInterest	4800000	usd
CY2023Q3	us-gaap	Interest Receivable Current InterestReceivableCurrent	8000000	usd
CY2023Q3	us-gaap	Interest Receivable Current InterestReceivableCurrent	6700000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	832400000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	5300000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	125400000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	900000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	6200000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	184000000.0	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	2200000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	887100000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	5600000	usd
CY2023Q3	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	7800000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	735800000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	733300000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	762900000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	759100000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	353100000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	349400000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	399500000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	395500000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	1088900000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1082700000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	1162400000	usd
CY2023Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1154600000	usd
CY2023Q3	us-gaap	Cash Cash	156300000	usd
CY2023Q3	us-gaap	Cash Cash	254300000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	300000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	100000	usd
CY2023Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	173300000	usd
CY2023Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	170500000	usd
CY2023Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	113400000	usd
CY2023Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	103200000	usd
CY2023Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	141300000	usd
CY2023Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	134900000	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	428000000.0	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	408600000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1104300000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1062100000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	592700000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	572600000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	511600000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	489500000	usd
CY2023Q3	us-gaap	Depreciation Depreciation	28200000	usd
CY2022Q4	us-gaap	Depreciation Depreciation	24500000	usd
CY2023Q3	lite	Operating Lease Right Of Use Asset Gross OperatingLeaseRightOfUseAssetGross	104100000	usd
CY2023Q3	lite	Operating Lease Right Of Use Asset Gross OperatingLeaseRightOfUseAssetGross	116500000	usd
CY2023Q3	lite	Operating Lease Right Of Use Asset Accumulated Amortization OperatingLeaseRightOfUseAssetAccumulatedAmortization	35300000	usd
CY2023Q3	lite	Operating Lease Right Of Use Asset Accumulated Amortization OperatingLeaseRightOfUseAssetAccumulatedAmortization	39200000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	68800000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	77300000	usd
CY2023Q3	lite	Increase Decrease In Right Of Use Asset IncreaseDecreaseInRightOfUseAsset	-4800000	usd
CY2023Q3	lite	Increase Decrease In Operating Lease Liability Current IncreaseDecreaseInOperatingLeaseLiabilityCurrent	-2400000	usd
CY2023Q3	lite	Increase Decrease In Operating Lease Liability Non Current IncreaseDecreaseInOperatingLeaseLiabilityNonCurrent	-2700000	usd
CY2023Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	9300000	usd
CY2023Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	5000000.0	usd
CY2023Q3	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	5500000	usd
CY2023Q3	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	6800000	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1600000	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	2100000	usd
CY2023Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	10700000	usd
CY2023Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	28000000.0	usd
CY2023Q3	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	4200000	usd
CY2023Q3	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	5900000	usd
CY2023Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	31300000	usd
CY2023Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	47800000	usd
CY2023Q3	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	7500000	usd
CY2023Q3	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	8200000	usd
CY2023Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	10100000	usd
CY2023Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	9600000	usd
CY2023Q3	lite	Unrecognized Tax Benefits Noncurrent UnrecognizedTaxBenefitsNoncurrent	59500000	usd
CY2023Q3	lite	Unrecognized Tax Benefits Noncurrent UnrecognizedTaxBenefitsNoncurrent	64400000	usd
CY2023Q3	us-gaap	Other Sundry Liabilities Noncurrent OtherSundryLiabilitiesNoncurrent	8600000	usd
CY2023Q3	us-gaap	Other Sundry Liabilities Noncurrent OtherSundryLiabilitiesNoncurrent	9200000	usd
CY2023Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	85700000	usd
CY2023Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	91400000	usd
CY2023Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	10100000	usd
CY2023Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	9600000	usd
CY2023Q3	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	2	business
CY2023Q3	us-gaap	Goodwill Goodwill	695100000	usd
CY2023Q3	us-gaap	Goodwill Goodwill	695100000	usd
CY2023	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2023Q3	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2023Q3	lite	Intangible Assets Acquired IntangibleAssetsAcquired	452500000	usd
CY2023Q3	lite	Intangible Assets Acquired IntangibleAssetsAcquired	452500000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	966500000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	531300000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	435200000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	961500000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	502300000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	459200000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	29000000.0	usd
CY2022Q4	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	32200000	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	400000	shares
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1100000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-600000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent	400000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent	200000	usd
CY2023Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	5000000.0	usd
CY2022Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	0	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	11000000.0	usd
CY2022Q4	us-gaap	Restructuring Charges RestructuringCharges	9300000	usd
CY2023Q3	us-gaap	Payments For Restructuring PaymentsForRestructuring	6700000	usd
CY2022Q4	us-gaap	Payments For Restructuring PaymentsForRestructuring	6200000	usd
CY2023Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	9300000	usd
CY2022Q4	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	3100000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	11000000	usd
CY2022Q4	us-gaap	Restructuring Charges RestructuringCharges	9300000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1400000	usd
CY2022Q4	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	19200000	usd
CY2023Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	1800000	usd
CY2022Q4	us-gaap	Income Tax Reconciliation Nondeductible Expense Restructuring Charges IncomeTaxReconciliationNondeductibleExpenseRestructuringCharges	13100000	usd
CY2023Q3	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	59500000	usd
CY2023Q3	us-gaap	Decrease In Unrecognized Tax Benefits Is Reasonably Possible DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible	1900000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	32100000	usd
CY2022Q4	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	46600000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1900000	usd
CY2022Q4	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	5100000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	16900000	usd
CY2023	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	14200000	usd
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2700000	shares
CY2023Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	2400000	shares
CY2023Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	100000	shares
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	400000	shares
CY2023Q3	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	395000000	usd
CY2023Q3	lite	Supply Agreement Typical Duration SupplyAgreementTypicalDuration	P1Y
CY2023Q3	lite	Supply Agreement Typical Duration SupplyAgreementTypicalDuration	P1Y
CY2023Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	6800000	usd
CY2022Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	10000000.0	usd
CY2023Q3	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	0	usd
CY2022Q4	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	700000	usd
CY2023Q3	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	200000	usd
CY2022Q4	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	1500000	usd
CY2023Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1500000	usd
CY2022Q4	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	2100000	usd
CY2023Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5500000	usd
CY2022Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	10100000	usd
CY2023Q3	us-gaap	Loss Contingency Accrual Carrying Value Current LossContingencyAccrualCarryingValueCurrent	7800000	usd
CY2023Q3	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q3	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2023Q3	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2023Q3	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q3	lite	Geographic Regions Number GeographicRegionsNumber	3	region
CY2023Q3	lite	Geographic Regions Number GeographicRegionsNumber	3	region
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	317600000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	506800000	usd
CY2023Q3	us-gaap	Noncurrent Assets NoncurrentAssets	511600000	usd
CY2023Q3	us-gaap	Noncurrent Assets NoncurrentAssets	489500000	usd
CY2023Q3	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	317600000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	506800000	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	220000000.0	usd
CY2023Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	246100000	usd
CY2023Q3	lite	Contract With Customer Asset Period Increase Decrease ContractWithCustomerAssetPeriodIncreaseDecrease	-26100000	usd
CY2023Q3	lite	Contract With Customer Asset Period Increase Decrease Percent ContractWithCustomerAssetPeriodIncreaseDecreasePercent	-0.106
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1600000	usd
CY2023Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	2100000	usd
CY2023Q3	lite	Contract With Customer Liability Period Increase Decrease ContractWithCustomerLiabilityPeriodIncreaseDecrease	-500000	usd
CY2023Q3	lite	Contract With Customer Liability Period Increase Decrease Percent ContractWithCustomerLiabilityPeriodIncreaseDecreasePercent	-0.238
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
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0001628280-23-037591-index.html	Edgar Link	pending
0001628280-23-037591.txt	Edgar Link	pending
0001628280-23-037591-xbrl.zip	Edgar Link	pending
amendedchangeincontrolbene.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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lite-q1fy24xex311.htm	Edgar Link	pending
lite-q1fy24xex312.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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$LITE
Lumentum Holdings Inc. Stock $lite

2023 Q4 Form 10-Q Financial Statement

#000162828023037591 Filed on November 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LITE Lumentum Holdings Inc. Stock $lite

2023 Q4 Form 10-Q Financial Statement

#000162828023037591 Filed on November 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LITE
Lumentum Holdings Inc. Stock $lite