$LITE
Lumentum Holdings Inc. Stock $lite

$lite Overview Financials Valuation SEC Filings Company Website

2024 Q4 Form 10-Q Financial Statement

#000162828024046443 Filed on November 08, 2024

Income Statement

Concept	2024 Q4	2024 Q3	2024 Q2
Revenue		$336.9M	$308.3M
YoY Change		-9.14%	-19.59%
Cost Of Revenue		$259.0M	$252.4M
YoY Change		-7.89%	-7.0%
Gross Profit		$77.90M	$55.90M
YoY Change		-13.06%	-50.09%
Gross Profit Margin		23.12%	18.13%
Selling, General & Admin		$76.30M	$52.50M
YoY Change		34.09%	-31.28%
% of Gross Profit		97.95%	93.92%
Research & Development		$74.30M	$72.80M
YoY Change		0.54%	-14.75%
% of Gross Profit		95.38%	130.23%
Depreciation & Amortization		$27.00M	$19.80M
YoY Change		-65.69%	-28.52%
% of Gross Profit		34.66%	35.42%
Operating Expenses		$160.3M	$145.1M
YoY Change		12.73%	-11.2%
Operating Profit		-$82.40M	-$89.20M
YoY Change		56.65%	73.54%
Interest Expense		-$5.500M	-$5.400M
YoY Change		-157.29%	-162.07%
% of Operating Profit
Other Income/Expense, Net		$8.700M	$11.30M
YoY Change		866.67%	-0.88%
Pretax Income		-$79.20M	-$127.5M
YoY Change		74.45%	161.81%
Income Tax		$3.200M	$125.0M
% Of Pretax Income
Net Earnings		-$82.40M	-$252.5M
YoY Change		36.88%	542.49%
Net Earnings / Revenue		-24.46%	-81.9%
Basic Earnings Per Share		-$1.21
Diluted Earnings Per Share		-$1.21	-$3.72
COMMON SHARES
Basic Shares Outstanding	68.70M shares	68.00M shares	67.60M shares
Diluted Shares Outstanding		68.30M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$916.1M	$887.0M
YoY Change	-54.5%	-46.8%
Cash & Equivalents	$489.2M	$436.7M
Short-Term Investments	$426.9M	$450.3M
Other Short-Term Assets	$118.3M	$110.0M
YoY Change	7.94%	1.66%
Inventory	$403.3M	$398.4M
Prepaid Expenses
Receivables	$198.5M	$194.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.636B	$1.590B
YoY Change	-41.1%	-35.46%
LONG-TERM ASSETS
Property, Plant & Equipment	$674.1M	$645.3M
YoY Change	18.93%	33.63%
Goodwill	$1.061B	$1.056B
YoY Change	52.63%	51.65%
Intangibles	$573.9M	$617.5M
YoY Change	24.98%	23.9%
Long-Term Investments
YoY Change
Other Assets	$12.00M	$12.50M
YoY Change	-28.57%	-17.76%
Total Long-Term Assets	$2.333B	$2.342B
YoY Change	25.84%	23.88%
TOTAL ASSETS
Total Short-Term Assets	$1.636B	$1.590B
Total Long-Term Assets	$2.333B	$2.342B
Total Assets	$3.970B	$3.932B
YoY Change	-14.3%	-9.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$163.1M	$126.3M
YoY Change	-3.72%	-36.44%
Accrued Expenses	$39.70M	$52.40M
YoY Change	-22.46%	-11.93%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change		-100.0%
Long-Term Debt Due	$10.80M	$0.00
YoY Change	-96.53%	-100.0%
Total Short-Term Liabilities	$305.1M	$269.3M
YoY Change	-51.86%	-64.98%
LONG-TERM LIABILITIES
Long-Term Debt	$2.569B	$2.503B
YoY Change	2.77%	31.69%
Other Long-Term Liabilities	$116.2M	$103.4M
YoY Change	27.13%	36.59%
Total Long-Term Liabilities	$2.685B	$103.4M
YoY Change	2838.07%	-94.77%
TOTAL LIABILITIES
Total Short-Term Liabilities	$305.1M	$269.3M
Total Long-Term Liabilities	$2.685B	$103.4M
Total Liabilities	$3.074B	$2.975B
YoY Change	-6.18%	5.63%
SHAREHOLDERS EQUITY
Retained Earnings	-$969.5M	-$887.1M
YoY Change	184.64%	530.94%
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	$895.9M	$957.3M
YoY Change
Total Liabilities & Shareholders Equity	$3.970B	$3.932B
YoY Change	-14.3%	-9.69%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$82.40M	-$252.5M
YoY Change	36.88%	542.49%
Depreciation, Depletion And Amortization	$27.00M	$19.80M
YoY Change	-65.69%	-28.52%
Cash From Operating Activities	$39.60M	$35.50M
YoY Change	-19.51%	138.26%
INVESTING ACTIVITIES
Capital Expenditures	$74.10M	$24.60M
YoY Change	104.13%	-16.33%
Acquisitions
YoY Change
Other Investing Activities	$27.00M	-$2.900M
YoY Change	-178.03%	-87.17%
Cash From Investing Activities	-$47.10M	-$27.50M
YoY Change	-33.57%	-47.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$60.00M	3.700M
YoY Change	-81.9%	-163.79%
NET CHANGE
Cash From Operating Activities	$39.60M	35.50M
Cash From Investing Activities	-$47.10M	-27.50M
Cash From Financing Activities	$60.00M	3.700M
Net Change In Cash	$52.50M	11.70M
YoY Change	-83.05%	-127.27%
FREE CASH FLOW
Cash From Operating Activities	$39.60M	$35.50M
Capital Expenditures	$74.10M	$24.60M
Free Cash Flow	-$34.50M	$10.90M
YoY Change	-367.44%	-175.17%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q3	dei	Entity Central Index Key EntityCentralIndexKey	0001633978
CY2024Q3	dei	Amendment Flag AmendmentFlag	false
CY2024Q3	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-28
CY2024Q3	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2025
CY2024Q3	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q3	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q3	dei	Document Period End Date DocumentPeriodEndDate	2024-09-28
CY2024Q3	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q3	dei	Entity Registrant Name EntityRegistrantName	Lumentum Holdings Inc.
CY2024Q3	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2024Q3	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-3108385
CY2024Q3	dei	Entity Address Address Line1 EntityAddressAddressLine1	1001 Ridder Park Drive
CY2024Q3	dei	Trading Symbol TradingSymbol	LITE
CY2024Q3	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q3	dei	Entity Shell Company EntityShellCompany	false
CY2024Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	68700000	shares
CY2024Q3	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	236500000	usd
CY2023Q3	us-gaap	Cost Of Goods And Service Excluding Depreciation Depletion And Amortization CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization	222900000	usd
CY2024Q3	us-gaap	Gross Profit GrossProfit	77900000	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	76700000	usd
CY2024Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	74300000	usd
CY2023Q3	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	73500000	usd
CY2024Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	76300000	usd
CY2023Q3	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	73000000.0	usd
CY2024Q3	us-gaap	Restructuring Charges RestructuringCharges	9700000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	11000000.0	usd
CY2024Q3	us-gaap	Operating Expenses OperatingExpenses	160300000	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	157500000	usd
CY2024Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-82400000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	21200000	usd
CY2024Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-79200000	usd
CY2023Q3	us-gaap	Income Loss Attributable To Parent IncomeLossAttributableToParent	-69300000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3200000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1400000	usd
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-82400000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66700000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	67900000	shares
CY2024Q3	dei	Entity Address City Or Town EntityAddressCityOrTown	San Jose
CY2024Q3	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2024Q3	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	95131
CY2024Q3	dei	City Area Code CityAreaCode	408
CY2024Q3	dei	Local Phone Number LocalPhoneNumber	546-5483
CY2024Q3	dei	Security12b Title Security12bTitle	Common Stock, par value of $0.001 per share
CY2024Q3	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2024Q3	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q3	dei	Entity Small Business EntitySmallBusiness	false
CY2024Q3	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
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CY2024Q3	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	336900000	usd
CY2024Q3	us-gaap	Cost Of Goods And Services Sold Amortization CostOfGoodsAndServicesSoldAmortization	22500000	usd
CY2023Q3	us-gaap	Cost Of Goods And Services Sold Amortization CostOfGoodsAndServicesSoldAmortization	18000000.0	usd
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CY2024Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	5500000	usd
CY2023Q3	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	9700000	usd
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CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-82400000	usd
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-82400000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-67900000	usd
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CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.02
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CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.02
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CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	66700000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68300000	shares
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-82400000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-67900000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	0	usd
CY2023Q3	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent	-200000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	2300000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	1300000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2300000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1100000	usd
CY2024Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-80100000	usd
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CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	489200000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	436700000	usd
CY2024Q3	us-gaap	Short Term Investments ShortTermInvestments	426900000	usd
CY2024Q2	us-gaap	Short Term Investments ShortTermInvestments	450300000	usd
CY2024Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	198500000	usd
CY2024Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	194700000	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	403300000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	398400000	usd
CY2024Q3	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	118300000	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	110000000.0	usd
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CY2024Q3	us-gaap	Share Based Compensation ShareBasedCompensation	35600000	usd
CY2023Q3	us-gaap	Share Based Compensation ShareBasedCompensation	32100000	usd
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CY2024Q3	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	300000	usd
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CY2024Q3	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	3800000	usd
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CY2024Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	6500000	usd
CY2023Q3	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	16800000	usd
CY2024Q3	lite	Operating Lease Right Of Use Asset Increase Decrease OperatingLeaseRightOfUseAssetIncreaseDecrease	200000	usd
CY2023Q3	lite	Operating Lease Right Of Use Asset Increase Decrease OperatingLeaseRightOfUseAssetIncreaseDecrease	-3700000	usd
CY2024Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	16600000	usd
CY2023Q3	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-7300000	usd
CY2024Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-7200000	usd
CY2023Q3	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	19900000	usd
CY2024Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	32600000	usd
CY2023Q3	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-28000000.0	usd
CY2024Q3	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	5900000	usd
CY2023Q3	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	1500000	usd
CY2024Q3	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	1000000.0	usd
CY2023Q3	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-4000000.0	usd
CY2024Q3	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-9700000	usd
CY2023Q3	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	5800000	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	39600000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2300000	usd
CY2024Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	74100000	usd
CY2023Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	57800000	usd
CY2024Q3	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	63900000	usd
CY2023Q3	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	149100000	usd
CY2024Q3	us-gaap	Proceeds From Sale Maturity And Collection Of Shortterm Investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments	90700000	usd
CY2023Q3	us-gaap	Proceeds From Sale Maturity And Collection Of Shortterm Investments ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments	227700000	usd
CY2024Q3	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	usd
CY2023Q3	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	3000000.0	usd
CY2024Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	200000	usd
CY2023Q3	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47100000	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	17800000	usd
CY2024Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	16000000.0	usd
CY2023Q3	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	12900000	usd
CY2024Q3	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	76500000	usd
CY2023Q3	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	0	usd
CY2024Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	900000	usd
CY2023Q3	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
CY2024Q3	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	400000	usd
CY2023Q3	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	0	usd
CY2024Q3	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	1000000.0	usd
CY2023Q3	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	0	usd
CY2024Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	60000000.0	usd
CY2023Q3	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-12900000	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	52500000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2600000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	436700000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	859000000.0	usd
CY2024Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	489200000	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	861600000	usd
CY2024Q3	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-4200000	usd
CY2023Q3	us-gaap	Income Taxes Paid IncomeTaxesPaid	18500000	usd
CY2024Q3	us-gaap	Interest Paid Net InterestPaidNet	100000	usd
CY2023Q3	us-gaap	Interest Paid Net InterestPaidNet	600000	usd
CY2024Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3700000	usd
CY2023Q3	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	0	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	957300000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-82400000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2300000	usd
CY2024Q3	lite	Restricted Stock Value Shares Issued For Withholdings Taxes RestrictedStockValueSharesIssuedForWithholdingsTaxes	16000000.0	usd
CY2024Q3	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	900000	usd
CY2024Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	33800000	usd
CY2024Q3	us-gaap	Stockholders Equity StockholdersEquity	895900000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	1355800000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-67900000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1100000	usd
CY2023Q3	lite	Restricted Stock Value Shares Issued For Withholdings Taxes RestrictedStockValueSharesIssuedForWithholdingsTaxes	12900000	usd
CY2023Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	34700000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	1310800000	usd
CY2024Q3	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 2025 is a 52-week year ending on June 28, 2025, with the quarter ended September 28, 2024 being a 13-week quarterly period. Our fiscal 2024 was a 52-week year that ended on June 29, 2024, with the quarter ended September 30, 2023 being a 13-week quarterly period.</span></div>
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-82400000	usd
CY2024Q3	us-gaap	Net Income Loss NetIncomeLoss	-82400000	usd
CY2024Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-82400000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	-67900000	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
CY2024Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68300000	shares
CY2024Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68300000	shares
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
CY2024Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.21
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.02
CY2024Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.21
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.02
CY2024Q3	us-gaap	Cash Cash	284900000	usd
CY2024Q3	us-gaap	Cash Cash	284900000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	489200000	usd
CY2024Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	489200000	usd
CY2024Q3	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	426100000	usd
CY2024Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	1000000.0	usd
CY2024Q3	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	200000	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	426900000	usd
CY2024Q2	us-gaap	Cash Cash	196900000	usd
CY2024Q2	us-gaap	Cash Cash	196900000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	436700000	usd
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	436700000	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Amortized Cost Basis AvailableForSaleDebtSecuritiesAmortizedCostBasis	451700000	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	0	usd
CY2024Q2	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	1400000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	450300000	usd
CY2024Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8700000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	21200000	usd
CY2024Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	9400000	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	21700000	usd
CY2024Q3	us-gaap	Interest Receivable Current InterestReceivableCurrent	5800000	usd
CY2024Q2	us-gaap	Interest Receivable Current InterestReceivableCurrent	5800000	usd
CY2024Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	180100000	usd
CY2024Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	200000	usd
CY2024Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	52000000.0	usd
CY2024Q3	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	0	usd
CY2024Q3	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	200000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	268300000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	1200000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	171500000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	300000	usd
CY2024Q2	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1500000	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	346100000	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	346300000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities Within One Year Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost	405500000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities Within One Year Fair Value AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue	404100000	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	80000000.0	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	80600000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost	46200000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities After One Through Five Years Fair Value AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue	46200000	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	426100000	usd
CY2024Q3	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	426900000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis	451700000	usd
CY2024Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	450300000	usd
CY2024Q3	us-gaap	Cash Cash	284900000	usd
CY2024Q2	us-gaap	Cash Cash	196900000	usd
CY2024Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	200000	usd
CY2024Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	200000	usd
CY2024Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	206000000.0	usd
CY2024Q2	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	196900000	usd
CY2024Q3	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	119100000	usd
CY2024Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	101600000	usd
CY2024Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	78200000	usd
CY2024Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	99900000	usd
CY2024Q3	us-gaap	Inventory Net InventoryNet	403300000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	398400000	usd
CY2024Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1331500000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	1240200000	usd
CY2024Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	693100000	usd
CY2024Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	667700000	usd
CY2024Q3	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	638400000	usd
CY2024Q2	us-gaap	Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization	572500000	usd
CY2024Q3	us-gaap	Depreciation Depreciation	27000000.0	usd
CY2023Q3	us-gaap	Depreciation Depreciation	28200000	usd
CY2024Q3	lite	Operating Lease Right Of Use Asset Gross OperatingLeaseRightOfUseAssetGross	66100000	usd
CY2024Q2	lite	Operating Lease Right Of Use Asset Gross OperatingLeaseRightOfUseAssetGross	112300000	usd
CY2024Q3	lite	Operating Lease Right Of Use Asset Accumulated Amortization OperatingLeaseRightOfUseAssetAccumulatedAmortization	30400000	usd
CY2024Q2	lite	Operating Lease Right Of Use Asset Accumulated Amortization OperatingLeaseRightOfUseAssetAccumulatedAmortization	39500000	usd
CY2024Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	35700000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	72800000	usd
CY2024Q3	us-gaap	Impairment Lessor Asset Under Operating Lease ImpairmentLessorAssetUnderOperatingLease	5300000	usd
CY2024Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	6300000	usd
CY2024Q2	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	11100000	usd
CY2024Q3	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13200000	usd
CY2024Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13200000	usd
CY2024Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	600000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	600000	usd
CY2024Q3	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	11900000	usd
CY2024Q2	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	13200000	usd
CY2024Q3	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	5600000	usd
CY2024Q2	us-gaap	Other Sundry Liabilities Current OtherSundryLiabilitiesCurrent	3000000.0	usd
CY2024Q3	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	37600000	usd
CY2024Q2	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	41100000	usd
CY2024Q3	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	7000000.0	usd
CY2024Q2	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	7500000	usd
CY2024Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	8600000	usd
CY2024Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	7500000	usd
CY2024Q3	lite	Unrecognized Tax Benefits Noncurrent UnrecognizedTaxBenefitsNoncurrent	94400000	usd
CY2024Q2	lite	Unrecognized Tax Benefits Noncurrent UnrecognizedTaxBenefitsNoncurrent	83000000.0	usd
CY2024Q3	us-gaap	Other Sundry Liabilities Noncurrent OtherSundryLiabilitiesNoncurrent	6200000	usd
CY2024Q2	us-gaap	Other Sundry Liabilities Noncurrent OtherSundryLiabilitiesNoncurrent	5400000	usd
CY2024Q3	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	116200000	usd
CY2024Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	103400000	usd
CY2024Q3	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	8600000	usd
CY2024Q2	us-gaap	Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent	7500000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	1055800000	usd
CY2024Q3	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	5100000	usd
CY2024Q3	us-gaap	Goodwill Goodwill	1060900000	usd
CY2024	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2024Q3	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1268600000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	694700000	usd
CY2024Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	573900000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1270400000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	652900000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	617500000	usd
CY2024Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	41700000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	29000000.0	usd
CY2024Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2300000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	1100000	usd
CY2024Q3	us-gaap	Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent	0	usd
CY2023Q3	us-gaap	Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent	-400000	usd
CY2024Q2	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	11100000	usd
CY2023Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	5000000.0	usd
CY2024Q3	us-gaap	Restructuring Charges RestructuringCharges	9700000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	11000000.0	usd
CY2024Q3	us-gaap	Payments For Restructuring PaymentsForRestructuring	14500000	usd
CY2023Q3	us-gaap	Payments For Restructuring PaymentsForRestructuring	6700000	usd
CY2024Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	6300000	usd
CY2023Q3	us-gaap	Restructuring Reserve Current RestructuringReserveCurrent	9300000	usd
CY2024Q3	us-gaap	Restructuring Charges RestructuringCharges	9700000	usd
CY2024Q3	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	6000000	usd
CY2023Q3	us-gaap	Restructuring Charges RestructuringCharges	11000000	usd
CY2024Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3200000	usd
CY2023Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-1400000	usd
CY2023Q3	us-gaap	Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost	1800000	usd
CY2024Q3	us-gaap	Unrecognized Tax Benefits That Would Impact Effective Tax Rate UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate	94400000	usd
CY2024Q3	us-gaap	Decrease In Unrecognized Tax Benefits Is Reasonably Possible DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible	3700000	usd
CY2024Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2100000	shares
CY2024Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	35600000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	32100000	usd
CY2024Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1400000	usd
CY2023Q3	us-gaap	Employee Service Share Based Compensation Tax Benefit From Compensation Expense EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense	1900000	usd
CY2024Q3	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	12700000	usd
CY2024	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	14400000	usd
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	4300000	shares
CY2024Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized	0	shares
CY2024Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	2600000	shares
CY2024Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Forfeited StockIssuedDuringPeriodSharesShareBasedCompensationForfeited	400000	shares
CY2024Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant	2100000	shares
CY2024Q3	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	589200000	usd
CY2024Q3	lite	Supply Agreement Typical Duration SupplyAgreementTypicalDuration	P1Y
CY2024Q3	lite	Supply Agreement Typical Duration SupplyAgreementTypicalDuration	P1Y
CY2024Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	13200000	usd
CY2023Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	6800000	usd
CY2024Q3	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	800000	usd
CY2023Q3	us-gaap	Product Warranty Accrual Additions From Business Acquisition ProductWarrantyAccrualAdditionsFromBusinessAcquisition	0	usd
CY2024Q3	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2400000	usd
CY2023Q3	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	200000	usd
CY2024Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	3200000	usd
CY2023Q3	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	1500000	usd
CY2024Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	13200000	usd
CY2023Q3	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	5500000	usd
CY2024Q2	us-gaap	Loss Contingency Accrual Carrying Value Current LossContingencyAccrualCarryingValueCurrent	7800000	usd
CY2024Q1	us-gaap	Litigation Settlement Amount Awarded To Other Party LitigationSettlementAmountAwardedToOtherParty	15300000	usd
CY2024Q1	us-gaap	Litigation Settlement Amount Awarded To Other Party LitigationSettlementAmountAwardedToOtherParty	15300000	usd
CY2024Q3	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2024Q3	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2024Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8700000	usd
CY2024Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	9400000	usd
CY2023Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	21700000	usd
CY2024Q3	lite	Geographic Regions Number GeographicRegionsNumber	3	region
CY2024Q3	lite	Geographic Regions Number GeographicRegionsNumber	3	region
CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	336900000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	317600000	usd
CY2024Q3	us-gaap	Noncurrent Assets NoncurrentAssets	638400000	usd
CY2024Q2	us-gaap	Noncurrent Assets NoncurrentAssets	572500000	usd
CY2024Q3	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2024Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	336900000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	317600000	usd
CY2024Q3	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	198500000	usd
CY2024Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	194700000	usd
CY2024Q3	lite	Contract With Customer Asset Period Increase Decrease ContractWithCustomerAssetPeriodIncreaseDecrease	3800000	usd
CY2024Q3	lite	Contract With Customer Asset Period Increase Decrease Percent ContractWithCustomerAssetPeriodIncreaseDecreasePercent	0.020
CY2024Q3	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	600000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	600000	usd
CY2024Q3	lite	Contract With Customer Liability Period Increase Decrease ContractWithCustomerLiabilityPeriodIncreaseDecrease	0	usd
CY2024Q3	lite	Contract With Customer Liability Period Increase Decrease Percent ContractWithCustomerLiabilityPeriodIncreaseDecreasePercent	0
CY2024Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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0001628280-24-046443-index.html	Edgar Link	pending
0001628280-24-046443.txt	Edgar Link	pending
0001628280-24-046443-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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lite-q1fy25xex312.htm	Edgar Link	pending
lite-q1fy25xex321.htm	Edgar Link	pending
lite-q1fy25xex322.htm	Edgar Link	pending
lumentum-supplementalinden.htm	Edgar Link	pending
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R90.htm	Edgar Link	pending
report.css	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
lite-20240928_def.xml	Edgar Link	unprocessable

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$LITE
Lumentum Holdings Inc. Stock $lite

2024 Q4 Form 10-Q Financial Statement

#000162828024046443 Filed on November 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LITE Lumentum Holdings Inc. Stock $lite

2024 Q4 Form 10-Q Financial Statement

#000162828024046443 Filed on November 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LITE
Lumentum Holdings Inc. Stock $lite