2019 Q3 Form 10-Q Financial Statement

#000163397819000071 Filed on October 31, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3
Revenue $449.9M $354.1M
YoY Change 27.05% 45.6%
Cost Of Revenue $269.7M $227.3M
YoY Change 18.65% 47.6%
Gross Profit $167.7M $126.0M
YoY Change 33.1% 83.94%
Gross Profit Margin 37.27% 35.58%
Selling, General & Admin $56.70M $33.00M
YoY Change 71.82% 24.06%
% of Gross Profit 33.81% 26.19%
Research & Development $49.90M $34.60M
YoY Change 44.22% -4.68%
% of Gross Profit 29.76% 27.46%
Depreciation & Amortization $31.60M $19.70M
YoY Change 60.41% 17.96%
% of Gross Profit 18.84% 15.63%
Operating Expenses $107.9M $68.90M
YoY Change 56.6% 4.71%
Operating Profit $59.80M $57.10M
YoY Change 4.73% 2014.81%
Interest Expense $11.40M $5.100M
YoY Change 123.53% -116.19%
% of Operating Profit 19.06% 8.93%
Other Income/Expense, Net $5.000M $2.700M
YoY Change 85.19% -179.41%
Pretax Income $53.40M $52.60M
YoY Change 1.52% 1402.86%
Income Tax $5.800M $5.200M
% Of Pretax Income 10.86% 9.89%
Net Earnings $47.60M $47.40M
YoY Change 0.42% 567.61%
Net Earnings / Revenue 10.58% 13.39%
Basic Earnings Per Share $0.62 $0.73
Diluted Earnings Per Share $0.61 $0.72
COMMON SHARES
Basic Shares Outstanding 76.90M shares 63.10M shares
Diluted Shares Outstanding 77.60M shares 63.90M shares

Balance Sheet

Concept 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $830.9M $734.3M
YoY Change 13.16% 32.23%
Cash & Equivalents $539.0M $459.4M
Short-Term Investments $291.9M $274.9M
Other Short-Term Assets $50.50M $70.60M
YoY Change -28.47% 11.18%
Inventory $202.2M $172.9M
Prepaid Expenses $37.20M $22.30M
Receivables $292.8M $239.6M
Other Receivables $46.80M $0.00
Total Short-Term Assets $1.423B $1.181B
YoY Change 20.5% 26.96%
LONG-TERM ASSETS
Property, Plant & Equipment $436.7M $318.6M
YoY Change 37.07% 16.49%
Goodwill $368.9M $11.30M
YoY Change 3164.6% -0.88%
Intangibles $376.6M
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.600M $5.700M
YoY Change -19.3% 54.05%
Total Long-Term Assets $1.445B $463.9M
YoY Change 211.4% 53.3%
TOTAL ASSETS
Total Short-Term Assets $1.423B $1.181B
Total Long-Term Assets $1.445B $463.9M
Total Assets $2.868B $1.645B
YoY Change 74.33% 33.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $152.2M $127.6M
YoY Change 19.28% 11.15%
Accrued Expenses $51.40M $35.00M
YoY Change 46.86% 81.35%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.90M $5.400M
YoY Change 194.44% 10.2%
Total Short-Term Liabilities $316.8M $213.9M
YoY Change 48.11% 16.12%
LONG-TERM LIABILITIES
Long-Term Debt $840.0M $338.5M
YoY Change 148.15% 6.61%
Other Long-Term Liabilities $32.10M $18.80M
YoY Change 70.74% -24.8%
Total Long-Term Liabilities $32.10M $18.80M
YoY Change 70.74% -24.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $316.8M $213.9M
Total Long-Term Liabilities $32.10M $18.80M
Total Liabilities $1.307B $625.7M
YoY Change 108.81% 8.2%
SHAREHOLDERS EQUITY
Retained Earnings $176.7M $165.8M
YoY Change 6.57% -299.28%
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 $1.561B $983.5M
YoY Change
Total Liabilities & Shareholders Equity $2.868B $1.645B
YoY Change 74.33% 33.43%

Cashflow Statement

Concept 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $47.60M $47.40M
YoY Change 0.42% 567.61%
Depreciation, Depletion And Amortization $31.60M $19.70M
YoY Change 60.41% 17.96%
Cash From Operating Activities $87.50M $57.20M
YoY Change 52.97% 489.69%
INVESTING ACTIVITIES
Capital Expenditures $21.70M $29.60M
YoY Change -26.69% -10.3%
Acquisitions
YoY Change
Other Investing Activities $44.40M $39.80M
YoY Change 11.56% -114.09%
Cash From Investing Activities $21.70M $9.500M
YoY Change 128.42% -107.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$2.800M -$4.600M
YoY Change -39.13% -1633.33%
NET CHANGE
Cash From Operating Activities $87.50M $57.20M
Cash From Investing Activities $21.70M $9.500M
Cash From Financing Activities -$2.800M -$4.600M
Net Change In Cash $106.4M $62.10M
YoY Change 71.34% -150.69%
FREE CASH FLOW
Cash From Operating Activities $87.50M $57.20M
Capital Expenditures $21.70M $29.60M
Free Cash Flow $65.80M $27.60M
YoY Change 138.41% -218.45%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q3 dei Amendment Flag
AmendmentFlag
false
CY2019Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-27
CY2019Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2019Q3 dei Entity Central Index Key
EntityCentralIndexKey
0001633978
CY2019Q3 lite Standard Product Warranty Term
StandardProductWarrantyTerm
P12M
CY2019Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4500000 USD
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
990000000 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
990000000 shares
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
76653478 shares
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
77184591 shares
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
76653478 shares
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
77184591 shares
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2018Q3 us-gaap Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
0 shares
CY2019Q3 dei Document Type
DocumentType
10-Q
CY2019Q3 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2019Q3 dei Document Period End Date
DocumentPeriodEndDate
2019-09-28
CY2019Q3 dei Document Transition Report
DocumentTransitionReport
false
CY2019Q3 dei Entity File Number
EntityFileNumber
001-36861
CY2019Q3 dei Entity Registrant Name
EntityRegistrantName
Lumentum Holdings Inc.
CY2019Q3 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2019Q3 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-3108385
CY2019Q3 dei Entity Address Address Line1
EntityAddressAddressLine1
1001 Ridder Park Drive
CY2019Q3 dei Entity Address City Or Town
EntityAddressCityOrTown
San Jose
CY2019Q3 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2019Q3 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
95131
CY2019Q3 dei City Area Code
CityAreaCode
408
CY2019Q3 dei Local Phone Number
LocalPhoneNumber
546-5483
CY2019Q3 dei Security12b Title
Security12bTitle
Common Stock, par value of $0.001 per share
CY2019Q3 dei Trading Symbol
TradingSymbol
LITE
CY2019Q3 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2019Q3 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019Q3 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2019Q3 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2019Q3 dei Entity Small Business
EntitySmallBusiness
false
CY2019Q3 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q3 dei Entity Shell Company
EntityShellCompany
false
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
77200000 shares
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
449900000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
354100000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
269700000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
227300000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
12500000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
800000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
167700000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
126000000.0 USD
CY2019Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
49900000 USD
CY2018Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
34600000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
56700000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
33000000.0 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
107900000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
68900000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
59800000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
57100000 USD
CY2019Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2018Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2100000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
11400000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
5100000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5000000.0 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2700000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
53400000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
52600000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5800000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5200000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
47600000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
47400000 USD
CY2019Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
CY2018Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
200000 USD
CY2019Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2018Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1100000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47600000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46100000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
47600000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
46100000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76900000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63100000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77600000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63900000 shares
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
47600000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
47400000 USD
CY2019Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
0 USD
CY2018Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
100000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
100000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
400000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
100000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
500000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47700000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47900000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
539000000.0 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
432600000 USD
CY2019Q3 us-gaap Short Term Investments
ShortTermInvestments
291900000 USD
CY2019Q2 us-gaap Short Term Investments
ShortTermInvestments
335900000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
292800000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
238000000.0 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
202200000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
228800000 USD
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
97300000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
97500000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
1423200000 USD
CY2019Q2 us-gaap Assets Current
AssetsCurrent
1332800000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
436700000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
433300000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
88200000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
368900000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
368900000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
376600000 USD
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
395400000 USD
CY2019Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
169600000 USD
CY2019Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
169600000 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
4600000 USD
CY2019Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16600000 USD
CY2019Q3 us-gaap Assets
Assets
2867800000 USD
CY2019Q2 us-gaap Assets
Assets
2716600000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
152200000 USD
CY2019Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
160800000 USD
CY2019Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
42700000 USD
CY2019Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
42300000 USD
CY2019Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
51400000 USD
CY2019Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46700000 USD
CY2019Q3 us-gaap Secured Debt Current
SecuredDebtCurrent
6200000 USD
CY2019Q2 us-gaap Secured Debt Current
SecuredDebtCurrent
5000000.0 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11700000 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
52600000 USD
CY2019Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
39200000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
316800000 USD
CY2019Q2 us-gaap Liabilities Current
LiabilitiesCurrent
294000000.0 USD
CY2019Q3 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
356500000 USD
CY2019Q2 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
351900000 USD
CY2019Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
483100000 USD
CY2019Q2 us-gaap Secured Long Term Debt
SecuredLongTermDebt
484000000.0 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
65300000 USD
CY2019Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
52700000 USD
CY2019Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
55900000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32100000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
33700000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
1306500000 USD
CY2019Q2 us-gaap Liabilities
Liabilities
1219500000 USD
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q3 us-gaap Common Stock Value
CommonStockValue
100000 USD
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
100000 USD
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1377300000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
176700000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
129100000 USD
CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1360800000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7200000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
7100000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1561300000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1497100000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2867800000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2716600000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1497100000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
47600000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
100000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16500000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
1561300000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
926100000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
47400000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
500000 USD
CY2018Q3 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
200000 USD
CY2018Q3 lite Stock Issued During Period Value Sharebased Compensation Net Of Taxes
StockIssuedDuringPeriodValueSharebasedCompensationNetOfTaxes
0 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10300000 USD
CY2018Q3 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-600000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
983500000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
47600000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
47400000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
31600000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
19700000 USD
CY2019Q3 us-gaap Share Based Compensation
ShareBasedCompensation
16700000 USD
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
10800000 USD
CY2019Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2018Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2100000 USD
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1800000 USD
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18800000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000 USD
CY2019Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4900000 USD
CY2018Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
4300000 USD
CY2019Q3 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
2200000 USD
CY2018Q3 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
0 USD
CY2019Q3 lite Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
3300000 USD
CY2019Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
300000 USD
CY2018Q3 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
0 USD
CY2019Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
54800000 USD
CY2018Q3 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41900000 USD
CY2019Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-23500000 USD
CY2018Q3 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-15300000 USD
CY2019Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1500000 USD
CY2018Q3 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5300000 USD
CY2019Q3 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-4800000 USD
CY2018Q3 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-4800000 USD
CY2019Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-13100000 USD
CY2018Q3 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4100000 USD
CY2019Q3 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
400000 USD
CY2018Q3 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-1100000 USD
CY2019Q3 lite Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
4600000 USD
CY2019Q3 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
6200000 USD
CY2018Q3 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-3800000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
87500000 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
57200000 USD
CY2019Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21700000 USD
CY2018Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
29600000 USD
CY2019Q3 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
1000000.0 USD
CY2018Q3 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
700000 USD
CY2019Q3 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
51300000 USD
CY2018Q3 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
5900000 USD
CY2019Q3 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
95700000 USD
CY2018Q3 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
45700000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
21700000 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
9500000 USD
CY2019Q3 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
0 USD
CY2018Q3 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
400000 USD
CY2019Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
CY2018Q3 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1000000.0 USD
CY2019Q3 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
CY2018Q3 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
-900000 USD
CY2019Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2800000 USD
CY2018Q3 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2300000 USD
CY2019Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2800000 USD
CY2018Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4600000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
106400000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
62100000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
432600000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
397300000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
539000000.0 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
459400000 USD
CY2019Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
1100000 USD
CY2018Q3 us-gaap Income Taxes Paid
IncomeTaxesPaid
300000 USD
CY2019Q3 us-gaap Interest Paid Net
InterestPaidNet
4800000 USD
CY2018Q3 us-gaap Interest Paid Net
InterestPaidNet
600000 USD
CY2019Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16400000 USD
CY2018Q3 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
18800000 USD
CY2019Q3 us-gaap Fiscal Period
FiscalPeriod
<div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">Fiscal Years</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We utilize a 52-53 week fiscal year ending on the Saturday closest to June 30th. Our </span><span style="font-family:inherit;font-size:10pt;">fiscal 2020</span><span style="font-family:inherit;font-size:10pt;"> is a 52-week year ending on </span><span style="font-family:inherit;font-size:10pt;">June 27, 2020</span><span style="font-family:inherit;font-size:10pt;">, with the quarter ended </span><span style="font-family:inherit;font-size:10pt;">September 28, 2019</span><span style="font-family:inherit;font-size:10pt;"> being a 13-week quarterly period. Our </span><span style="font-family:inherit;font-size:10pt;">fiscal 2019</span><span style="font-family:inherit;font-size:10pt;"> was a 52-week year that ended on </span><span style="font-family:inherit;font-size:10pt;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;">, with the quarter ended </span><span style="font-family:inherit;font-size:10pt;">September 29, 2018</span><span style="font-family:inherit;font-size:10pt;"> being a 13-week quarterly period. </span></div>
CY2019Q3 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified to conform to the current period presentation, including the reclassification of capital lease obligations that existed as of June 29, 2019 to finance lease liabilities within other current liabilities and other non-current liabilities in our condensed consolidated balance sheets, as a result of the adoption of the new accounting guidance for leases. Refer to “</span><span style="font-family:inherit;font-size:10pt;">Note 2. Recently Issued Accounting Pronouncements</span>” for details. The reclassification of the prior period amounts did not impact previously repo
CY2019Q3 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">Note 2. Recently Issued Accounting Pronouncements</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Pronouncements Recently Adopted</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Effective June 30, 2019, we adopted Topic 842, using the modified retrospective transition approach. We applied the new guidance to all leases existing as of the date of adoption. Our reported results for the first quarter of fiscal 2020 reflect the application of Topic 842, while prior period amounts have not been adjusted and continue to be reported in accordance with our historical accounting under Topic 840.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We elected the practical expedient package permitted under the transition approach. As such, we did not reassess whether any expired or existing contracts are or contain leases, we did not reassess our historical lease classification, and we did not reassess our initial direct costs for any leases that existed prior to June 30, 2019. We have also elected to combine lease and non-lease components at a portfolio level for our operating leases of buildings and not to report leases with an initial term of 12 months or less on our balance sheet.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">As of the date of adoption, we recognized operating lease assets of </span><span style="font-family:inherit;font-size:10pt;"><span>$91.5 million</span></span><span style="font-family:inherit;font-size:10pt;">, with corresponding operating lease liabilities of </span><span style="font-family:inherit;font-size:10pt;"><span>$81.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> on the condensed consolidated balance sheets. The difference between the operating lease right-of-use assets and operating lease liabilities primarily represents the existing asset recognized in relation to the favorable terms of an operating lease acquired through a business combination offset by our deferred rent and ASC 420 “cease-use” balances. </span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">All existing leases that were classified as capital leases under Topic 840 will be classified as finance leases under the new guidance. As of adoption, we recognized finance lease assets of </span><span style="font-family:inherit;font-size:10pt;"><span>$12.4 million</span></span><span style="font-family:inherit;font-size:10pt;"> in property, plant and equipment, net, with corresponding finance lease liabilities of </span><span style="font-family:inherit;font-size:10pt;"><span>$12.4 million</span></span><span style="font-family:inherit;font-size:10pt;"> on the condensed consolidated balance sheets. For further information regarding the impact of Topic 842 adoption, see “</span><span style="font-family:inherit;font-size:10pt;">Note 1. Description of Business and Summary of Significant Accounting Policies</span><span style="font-family:inherit;font-size:10pt;">” and “</span><span style="font-family:inherit;font-size:10pt;">Note 8. Leases</span><span style="font-family:inherit;font-size:10pt;">”.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In February 2018, FASB issued ASU 2018-02, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income</span><span style="font-family:inherit;font-size:10pt;">, which allows companies to reclassify stranded tax effects resulting from the U.S. Tax Cuts and Jobs Act of 2017 (the “Tax Act”), from accumulated other comprehensive income to retained earnings. The guidance also requires certain new disclosures regardless of the election. The amendments in ASU 2018-02 are effective for all entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. We adopted ASU 2018-02 in the current fiscal quarter with no impact to our condensed consolidated financial statements.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In January 2017, FASB issued ASU 2017-04, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other (Topic 350): Simplifying the Accounting for Goodwill Impairment</span><span style="font-family:inherit;font-size:10pt;">. ASU 2017-04 removes the requirement to perform a hypothetical purchase price allocation to measure goodwill impairment. A goodwill impairment charge will be the amount by which a reporting unit's carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. The amendments contained in ASU 2017-04 are effective for interim and annual periods beginning after December 15, 2019, with early adoption permitted, which should be applied prospectively. We early adopted ASU 2017-04 in our first quarter of fiscal 2020. The implementation of ASU 2017-04 did not have an impact on our condensed consolidated financial statements. </span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Pronouncements Not Yet Effective</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, FASB issued ASU 2018-14, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation-Retirement Benefits-Defined Benefit Plans-General (Topic 715-20): Disclosure Framework-Changes to the Disclosure Requirements for Defined Benefit Plans</span><span style="font-family:inherit;font-size:10pt;">. ASU 2018-14 modifies the disclosure requirements for defined benefit pension plans and other post-retirement benefit plans. The new guidance is effective for fiscal years ending after December 15, 2020, with early adoption permitted. ASU 2018-14 should be applied retrospectively to all periods presented and is effective for us in our first quarter of fiscal 2022. We are currently evaluating the impact of ASU 2018-14 on our condensed consolidated financial statements.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In August 2018, FASB issued ASU 2018-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. </span><span style="font-family:inherit;font-size:10pt;">ASU 2018-13 modifies the disclosure requirements for fair value measurements. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, with early adoption permitted. ASU 2018-13 requires that certain of the amendments be applied prospectively, while other amendments should be applied retrospectively to all periods presented. ASU 2018-13 is effective for us in our first quarter of fiscal 2021. We are currently evaluating the impact of ASU 2018-13 on our condensed consolidated financial statements and related disclosures.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;text-indent:29px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">In June 2016, FASB issued ASU 2016-13, </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments </span><span style="font-family:inherit;font-size:10pt;">and a subsequent amendment, ASU 2018-19 (collectively, Topic 326). Topic 326 requires measurement and recognition of expected credit losses for financial assets held. Topic 326 is effective for annual periods beginning after December 15, 2019, including interim periods within those periods, with early adoption permitted. ASU 2016-13 is effective for us in our first quarter of fiscal 2021. We are currently evaluating the impact of our pending adoption of Topic 326 on our condensed consolidated financial statements.</span></div>
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
47400000 USD
CY2019Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
0 USD
CY2018Q3 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
200000 USD
CY2019Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0 USD
CY2018Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1100000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47600000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46100000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
76900000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
64600000 shares
CY2019Q3 lite Weighted Average Number Of Shares Participating Securities
WeightedAverageNumberOfSharesParticipatingSecurities
0 shares
CY2018Q3 lite Weighted Average Number Of Shares Participating Securities
WeightedAverageNumberOfSharesParticipatingSecurities
1500000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76900000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63100000 shares
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
47600000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46100000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
47600000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
46100000 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
76900000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
63100000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
800000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
77600000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
63900000 shares
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
539000000.0 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
539000000.0 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
290700000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1200000 USD
CY2019Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
0 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
291900000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
432600000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
432600000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
334800000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1200000 USD
CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
100000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
335900000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5000000.0 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2700000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
4000000.0 USD
CY2018Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
2700000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
16600000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
0 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
11200000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
27800000 USD
CY2019Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
0 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
20700000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
0 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
43900000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
100000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
64600000 USD
CY2019Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
100000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
151900000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
152200000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
178900000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
179100000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
133300000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
134200000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
148100000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
149000000.0 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
4500000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
4500000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
6000000.0 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
6000000.0 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
1000000.0 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1000000.0 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
1800000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
1800000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
290700000 USD
CY2019Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
291900000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
334800000 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
335900000 USD
CY2019Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4500000 USD
CY2019Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
73000000.0 USD
CY2019Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
78300000 USD
CY2019Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
62100000 USD
CY2019Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
72500000 USD
CY2019Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
67100000 USD
CY2019Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
78000000.0 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
202200000 USD
CY2019Q2 us-gaap Inventory Net
InventoryNet
228800000 USD
CY2019Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
37200000 USD
CY2019Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
32400000 USD
CY2019Q3 us-gaap Nontrade Receivables
NontradeReceivables
34200000 USD
CY2019Q2 us-gaap Nontrade Receivables
NontradeReceivables
36300000 USD
CY2019Q3 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
12600000 USD
CY2019Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
11900000 USD
CY2019Q3 lite Advances To Contract Manufacturers
AdvancesToContractManufacturers
6100000 USD
CY2019Q2 lite Advances To Contract Manufacturers
AdvancesToContractManufacturers
8700000 USD
CY2019Q3 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
4900000 USD
CY2019Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
4900000 USD
CY2019Q3 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
2300000 USD
CY2019Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
3300000 USD
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
97300000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
97500000 USD
CY2019Q3 lite Operating Lease Rightof Use Asset Gross
OperatingLeaseRightofUseAssetGross
91500000 USD
CY2019Q3 lite Operating Lease Rightof Use Asset Accumulated Amortization
OperatingLeaseRightofUseAssetAccumulatedAmortization
3300000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
88200000 USD
CY2019Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
802600000 USD
CY2019Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
772700000 USD
CY2019Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
365900000 USD
CY2019Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
339400000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
436700000 USD
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
433300000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
31600000 USD
CY2018Q3 us-gaap Depreciation
Depreciation
19700000 USD
CY2019Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
10700000 USD
CY2019Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
14600000 USD
CY2019Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
7000000.0 USD
CY2019Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
7500000 USD
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2500000 USD
CY2019Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2900000 USD
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
9700000 USD
CY2019Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
400000 USD
CY2019Q3 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
17000000.0 USD
CY2019Q2 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
8700000 USD
CY2019Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
5700000 USD
CY2019Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
5100000 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
52600000 USD
CY2019Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
39200000 USD
CY2019Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
9700000 USD
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
400000 USD
CY2019Q3 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
4500000 USD
CY2019Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
4500000 USD
CY2019Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
8100000 USD
CY2019Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
7900000 USD
CY2019Q2 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
2200000 USD
CY2019Q3 lite Unrecognized Tax Benefits Noncurrent
UnrecognizedTaxBenefitsNoncurrent
18800000 USD
CY2019Q2 lite Unrecognized Tax Benefits Noncurrent
UnrecognizedTaxBenefitsNoncurrent
18700000 USD
CY2019Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
400000 USD
CY2019Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
300000 USD
CY2019Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
400000 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32100000 USD
CY2019Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
33700000 USD
CY2019Q3 lite Sublease Income Term
SubleaseIncomeTerm
P3Y
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3900000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
100000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4000000.0 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
600000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
500000 USD
CY2019Q3 us-gaap Sublease Income
SubleaseIncome
600000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
8500000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y1M6D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y1M6D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0347
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0438
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10600000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
7500000 USD
CY2019Q3 lite Lease Liability Payments Remainderof Fiscal Year
LeaseLiabilityPaymentsRemainderofFiscalYear
18100000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
13500000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2700000 USD
CY2019Q3 lite Lease Liability Payments Due Year Two
LeaseLiabilityPaymentsDueYearTwo
16200000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12500000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 USD
CY2019Q3 lite Lease Liability Payments Due Year Three
LeaseLiabilityPaymentsDueYearThree
12500000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11300000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 USD
CY2019Q3 lite Lease Liability Payments Due Year Four
LeaseLiabilityPaymentsDueYearFour
11300000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9600000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2019Q3 lite Lease Liability Payments Due Year Five
LeaseLiabilityPaymentsDueYearFive
9600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
30900000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q3 lite Lease Liability Payments Dueafter Year Five
LeaseLiabilityPaymentsDueafterYearFive
30900000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
88400000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
10200000 USD
CY2019Q3 lite Lease Liability Payment Due
LeaseLiabilityPaymentDue
98600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11400000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
100000 USD
CY2019Q3 lite Lease Liability Undiscounted Excess Amount
LeaseLiabilityUndiscountedExcessAmount
11500000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
77000000.0 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
10100000 USD
CY2019Q3 lite Lease Liability
LeaseLiability
87100000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
1900000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
2200000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
1900000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
400000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
13900000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
800000 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due Next Twelve Months
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDueNextTwelveMonths
14700000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
12100000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
0 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due In Two Years
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDueInTwoYears
12100000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
11200000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
0 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due In Three Years
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDueInThreeYears
11200000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
11300000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
0 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due In Four Years
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDueInFourYears
11300000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
9800000 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due In Five Years
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDueInFiveYears
9800000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
31700000 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due Thereafter
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDueThereafter
31700000 USD
CY2019Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
90000000.0 USD
CY2019Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
800000 USD
CY2019Q2 lite Operating Leases And Capital Leases Future Minimum Payments Due
OperatingLeasesAndCapitalLeasesFutureMinimumPaymentsDue
90800000 USD
CY2019Q3 us-gaap Goodwill
Goodwill
368900000 USD
CY2018Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
555500000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
178900000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
376600000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
555500000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
160100000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
395400000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18800000 USD
CY2018Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
500000 USD
CY2018Q4 lite Temporary Equity Notice Of Redemption Period
TemporaryEquityNoticeOfRedemptionPeriod
P30D
CY2018Q4 lite Temporary Equity Conversion Price Denominator Before Accrued And Unpaid Dividends
TemporaryEquityConversionPriceDenominatorBeforeAccruedAndUnpaidDividends
24.63
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
100000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
200000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2019Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
14600000 USD
CY2018Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1900000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2019Q3 us-gaap Payments For Restructuring
PaymentsForRestructuring
5200000 USD
CY2018Q3 us-gaap Payments For Restructuring
PaymentsForRestructuring
1600000 USD
CY2019Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
10700000 USD
CY2018Q3 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
1600000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2018Q3 us-gaap Restructuring Charges
RestructuringCharges
1300000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5800000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5200000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
18800000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16700000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10800000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2800000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2900000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3300000 USD
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3500000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
140300000 USD
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
4700000 shares
CY2019Q3 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
1100000 shares
CY2019Q3 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
100000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3700000 shares
CY2019Q3 us-gaap Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
0 shares
CY2019Q3 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
277600000 USD
CY2019Q3 lite Supply Agreement Typical Duration
SupplyAgreementTypicalDuration
P1Y
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7500000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6600000 USD
CY2019Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1200000 USD
CY2018Q3 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1200000 USD
CY2019Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1700000 USD
CY2018Q3 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1200000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
7000000.0 USD
CY2018Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
6600000 USD
CY2019Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2019Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2019Q3 us-gaap Gross Profit
GrossProfit
167700000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
126000000.0 USD
CY2019Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
449900000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
354100000 USD
CY2019Q3 lite Geographic Regions Number
GeographicRegionsNumber
3 region
CY2019Q3 lite Geographic Regions Number
GeographicRegionsNumber
3 region
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
449900000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
354100000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
414900000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
0 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
414900000 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
292800000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
238000000.0 USD
CY2019Q3 lite Contract With Customer Asset Period Increase Decrease
ContractWithCustomerAssetPeriodIncreaseDecrease
54800000 USD
CY2019Q3 lite Contract With Customer Asset Period Increase Decrease Percent
ContractWithCustomerAssetPeriodIncreaseDecreasePercent
0.230
CY2019Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2500000 USD
CY2019Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
2900000 USD
CY2019Q3 lite Contract With Customer Liability Period Increase Decrease
ContractWithCustomerLiabilityPeriodIncreaseDecrease
-400000 USD
CY2019Q3 lite Contract With Customer Liability Period Increase Decrease Percent
ContractWithCustomerLiabilityPeriodIncreaseDecreasePercent
-0.138
CY2019Q3 us-gaap Noncurrent Assets
NoncurrentAssets
436700000 USD
CY2019Q2 us-gaap Noncurrent Assets
NoncurrentAssets
433300000 USD

Files In Submission

Name View Source Status
0001633978-19-000071-index-headers.html Edgar Link pending
0001633978-19-000071-index.html Edgar Link pending
0001633978-19-000071.txt Edgar Link pending
0001633978-19-000071-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
lite-20190928.xsd Edgar Link pending
lite-20190928_cal.xml Edgar Link unprocessable
lite-20190928_def.xml Edgar Link unprocessable
lite-20190928_lab.xml Edgar Link unprocessable
lite-20190928_pre.xml Edgar Link unprocessable
lite-q1fy20xex311.htm Edgar Link pending
lite-q1fy20xex312.htm Edgar Link pending
lite-q1fy20xex321.htm Edgar Link pending
lite-q1fy20xex322.htm Edgar Link pending
lumentumfy20q1-10q.htm Edgar Link pending
lumentumfy20q1-10q_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending