2021 Q2 Form 10-Q Financial Statement

#000091209321000072 Filed on May 07, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2 2020 Q1
Revenue $303.4M $266.6M $256.2M
YoY Change 13.8% -7.97% -3.39%
Cost Of Revenue $121.4M $112.0M $109.4M
YoY Change 8.39% -6.82% -2.06%
Gross Profit $182.0M $154.6M $146.8M
YoY Change 17.72% -8.79% -4.36%
Gross Profit Margin 59.99% 57.99% 57.3%
Selling, General & Admin $86.10M $51.90M $83.60M
YoY Change 65.9% -38.07% -3.69%
% of Gross Profit 47.31% 33.57% 56.95%
Research & Development $52.10M $45.00M $46.80M
YoY Change 15.78% -9.64% -3.9%
% of Gross Profit 28.63% 29.11% 31.88%
Depreciation & Amortization $25.80M $26.60M $27.20M
YoY Change -3.01% -2.56% 0.37%
% of Gross Profit 14.18% 17.21% 18.53%
Operating Expenses $146.1M $105.6M $137.7M
YoY Change 38.35% -25.79% -5.43%
Operating Profit $35.90M $49.00M $9.100M
YoY Change -26.73% 80.15% 15.19%
Interest Expense $3.600M -$8.300M $8.400M
YoY Change -143.37% 38.33% 5.0%
% of Operating Profit 10.03% -16.94% 92.31%
Other Income/Expense, Net -$900.0K $400.0K $5.300M
YoY Change -325.0% -81.82% 488.89%
Pretax Income $26.00M $35.00M $6.000M
YoY Change -25.71% 60.55% 650.0%
Income Tax $14.20M $8.300M $38.80M
% Of Pretax Income 54.62% 23.71% 646.67%
Net Earnings $17.20M $26.70M -$32.80M
YoY Change -35.58% 113.6% 583.33%
Net Earnings / Revenue 5.67% 10.02% -12.8%
Basic Earnings Per Share $0.08 $0.12 -$0.14
Diluted Earnings Per Share $0.07 $0.12 -$0.14
COMMON SHARES
Basic Shares Outstanding 228.7M shares 228.1M shares 230.0M shares
Diluted Shares Outstanding 240.2M shares 230.3M shares 230.0M shares

Balance Sheet

Concept 2021 Q2 2020 Q2 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $674.0M $541.0M $534.0M
YoY Change 24.58% 3.44% 0.75%
Cash & Equivalents $672.2M $539.0M $532.5M
Short-Term Investments $2.000M $2.000M $1.000M
Other Short-Term Assets $32.00M $33.00M $36.00M
YoY Change -3.03% -8.33% -16.28%
Inventory $90.60M $83.30M $87.00M
Prepaid Expenses $11.10M $10.90M $11.00M
Receivables $262.7M $235.5M $235.4M
Other Receivables $22.00M $21.00M $22.00M
Total Short-Term Assets $1.080B $913.6M $914.0M
YoY Change 18.21% -0.35% 0.48%
LONG-TERM ASSETS
Property, Plant & Equipment $180.0M $172.5M $171.1M
YoY Change 4.35% -4.11% -5.78%
Goodwill $396.4M $381.4M $376.2M
YoY Change 3.93% 0.08% 1.16%
Intangibles $104.6M $148.1M $157.7M
YoY Change -29.37% -30.01% -27.83%
Long-Term Investments
YoY Change
Other Assets $52.70M $55.30M $54.70M
YoY Change -4.7% 219.65% 207.3%
Total Long-Term Assets $846.8M $862.7M $864.2M
YoY Change -1.84% -3.96% -3.97%
TOTAL ASSETS
Total Short-Term Assets $1.080B $913.6M $914.0M
Total Long-Term Assets $846.8M $862.7M $864.2M
Total Assets $1.927B $1.776B $1.778B
YoY Change 8.47% -2.14% -1.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $54.80M $53.00M $45.20M
YoY Change 3.4% -16.4% -21.39%
Accrued Expenses $27.40M $22.60M $29.40M
YoY Change 21.24% -33.92% -12.24%
Deferred Revenue $65.90M $54.60M $55.20M
YoY Change 20.7% -1.27% -9.95%
Short-Term Debt $0.00 $2.800M $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $2.800M
YoY Change -100.0%
Total Short-Term Liabilities $273.1M $232.8M $239.1M
YoY Change 17.31% -18.03% -16.02%
LONG-TERM LIABILITIES
Long-Term Debt $634.0M $617.0M $612.0M
YoY Change 2.76% 2.15% 2.17%
Other Long-Term Liabilities $223.8M $231.2M $266.9M
YoY Change -3.2% 2.08% 19.69%
Total Long-Term Liabilities $223.8M $231.2M $266.9M
YoY Change -3.2% 2.08% 19.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $273.1M $232.8M $239.1M
Total Long-Term Liabilities $223.8M $231.2M $266.9M
Total Liabilities $496.9M $464.0M $506.0M
YoY Change 7.09% -9.11% -0.33%
SHAREHOLDERS EQUITY
Retained Earnings -$69.38B -$69.35B -$69.42B
YoY Change 0.05% -0.05% 0.04%
Common Stock $70.30B $70.27B $70.27B
YoY Change 0.04% 0.04% 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $749.8M $633.2M $676.9M
YoY Change
Total Liabilities & Shareholders Equity $1.927B $1.776B $1.778B
YoY Change 8.47% -2.14% -1.73%

Cashflow Statement

Concept 2021 Q2 2020 Q2 2020 Q1
OPERATING ACTIVITIES
Net Income $17.20M $26.70M -$32.80M
YoY Change -35.58% 113.6% 583.33%
Depreciation, Depletion And Amortization $25.80M $26.60M $27.20M
YoY Change -3.01% -2.56% 0.37%
Cash From Operating Activities $48.10M $27.20M $39.10M
YoY Change 76.84% -4.56% -5.1%
INVESTING ACTIVITIES
Capital Expenditures -$8.200M -$8.300M -$10.30M
YoY Change -1.2% -19.42% -1.9%
Acquisitions
YoY Change
Other Investing Activities $1.400M -$1.400M $900.0K
YoY Change -200.0% -115.73% -65.38%
Cash From Investing Activities -$6.800M -$9.700M -$9.400M
YoY Change -29.9% 592.86% 18.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.600M -12.90M -33.50M
YoY Change -41.09% 89.71% -8475.0%
NET CHANGE
Cash From Operating Activities 48.10M 27.20M 39.10M
Cash From Investing Activities -6.800M -9.700M -9.400M
Cash From Financing Activities -7.600M -12.90M -33.50M
Net Change In Cash 33.70M 4.600M -3.800M
YoY Change 632.61% -77.34% -111.28%
FREE CASH FLOW
Cash From Operating Activities $48.10M $27.20M $39.10M
Capital Expenditures -$8.200M -$8.300M -$10.30M
Free Cash Flow $56.30M $35.50M $49.40M
YoY Change 58.59% -8.51% -4.45%

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CY2021Q2 us-gaap Common Stock Shares Authorized
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viav Finite Lived Intangible Assets Amortized Expense
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Other Accrued Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Sale Of Productive Assets
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us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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viav Payments For Failed Sale Leaseback And Capital Lease
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us-gaap Repayments Of Assumed Debt
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q2 us-gaap Restricted Cash And Cash Equivalents
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CY2021Q2 us-gaap Net Income Loss
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CY2019Q4 us-gaap Stockholders Equity
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CY2020Q1 us-gaap Net Income Loss
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CY2020Q1 us-gaap Stockholders Equity
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Stock Repurchased And Retired During Period Value
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CY2020Q1 us-gaap Stockholders Equity
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us-gaap Fiscal Period
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<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Fiscal Years</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company utilizes a 52-53 week fiscal year ending on the Saturday closest to June 30th. The Company’s fiscal 2021 is a 53-week year ending on July 3, 2021. The Company’s fiscal 2020 was a 52-week year ending on June 27, 2020. The Company’s first quarter of fiscal year 2021 was a 14 week quarter compared to the standard 13 week quarters.</span></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the Company’s consolidated financial statements requires management to make estimates and assumptions that affect the reported amount of assets and liabilities at the date of the financial statements, the reported amount of net revenues and expenses and the disclosure of commitments and contingencies during the reporting periods. The Company bases estimates on historical experience and assumptions about future periods that are believed to be reasonable based on available information. The Company’s reported financial positions or results of operations may be materially different under changed conditions or when using different estimates and assumptions, particularly with respect to significant accounting policies. If estimates or assumptions differ from actual results, subsequent periods are adjusted to reflect readily available current information.</span></div>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="margin-bottom:8pt;margin-top:8pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Note 2. Recently Issued Accounting Pronouncements </span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Recent Accounting Pronouncements Adopted</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In June 2016, the FASB issued guidance that changes the accounting for recognizing impairments of financial assets. Under the new guidance, credit losses for certain types of financial assets will be estimated based on expected losses. In the first quarter of fiscal 2021 the Company adopted the accounting standard using the modified retrospective approach. The adoption of the new standard did not have a material impact on the Company’s consolidated financial statements.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Recent Accounting Pronouncements Not Yet Adopted</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2018, the FASB issued guidance to amend the disclosure requirements related to defined benefit pension and other post-retirement plans. Some of the changes include adding a disclosure requirement for significant gains and losses related to changes in the benefit obligation for the period and removing the amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year. This guidance is effective for the Company in the first quarter of fiscal 2022 and early adoption is permitted. The Company is evaluating the impact of adopting this new accounting guidance on its consolidated financial statements.</span></div><div style="margin-bottom:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In December 2019, the FASB issued guidance which simplifies the accounting for income taxes, eliminates certain exceptions within ASC 740, </span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Income Taxes</span><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">, and clarifies certain aspects of the current guidance to promote consistency among reporting entities. The guidance is effective for the Company in the first quarter of fiscal year 2022 and early adoption is permitted. The Company is evaluating the effects that the adoption of this guidance will have on its consolidated financial statements.</span></div><div style="margin-bottom:8pt;margin-top:8pt;text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In August 2020, the FASB issued guidance which simplifies the accounting for financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. The guidance allows for either full retrospective adoption or modified retrospective adoption. The guidance is effective for the Company in the first quarter of fiscal year 2023 and early adoption is permitted. The Company is evaluating the effects that the adoption of this guidance will have on its consolidated financial statements.</span></div>
viav Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities Net Settlement Method
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3000000.0 shares
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3000000.0 shares
CY2021Q2 us-gaap Net Income Loss
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CY2020Q1 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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230000000.0 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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228800000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021Q2 viav Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities Net Settlement Method
IncrementalCommonSharesAttributableToDilutiveEffectOfConversionOfDebtSecuritiesNetSettlementMethod
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CY2020Q1 viav Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities Net Settlement Method
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viav Incremental Common Shares Attributable To Dilutive Effect Of Conversion Of Debt Securities Net Settlement Method
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CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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230000000.0 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q2 us-gaap Earnings Per Share Basic
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CY2020Q1 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2021Q2 us-gaap Earnings Per Share Diluted
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0.05
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
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0.21
us-gaap Earnings Per Share Diluted
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0.01
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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9800000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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59400000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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CY2021Q2 us-gaap Contract With Customer Asset Net Current
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CY2020Q2 us-gaap Contract With Customer Asset Net Current
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CY2021Q1 us-gaap Contract With Customer Liability
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CY2020Q2 us-gaap Contract With Customer Liability
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CY2021Q2 viav Contract With Customer Liability Cumulative Catch Up Adjustment New Contracts
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viav Contract With Customer Liability Cumulative Catch Up Adjustment New Contracts
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93500000 USD
CY2021Q2 viav Contract With Customer Liability Revenue Recognized During Period
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viav Contract With Customer Liability Revenue Recognized During Period
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CY2021Q2 us-gaap Contract With Customer Liability
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CY2021Q2 us-gaap Contract With Customer Liability
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CY2021Q2 us-gaap Revenue Remaining Performance Obligation
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CY2021Q2 us-gaap Revenue Remaining Performance Obligation Percentage
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CY2021Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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CY2020Q2 us-gaap Allowance For Doubtful Accounts Receivable
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CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
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us-gaap Provision For Doubtful Accounts
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viav Allowancefor Doubtful Accounts Receivable Write Offs Net Of Recoveries
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1500000 USD
CY2021Q2 us-gaap Inventory Finished Goods Net Of Reserves
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CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
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CY2021Q2 us-gaap Inventory Work In Process Net Of Reserves
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CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
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CY2021Q2 us-gaap Inventory Raw Materials Net Of Reserves
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CY2020Q2 us-gaap Inventory Raw Materials Net Of Reserves
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CY2021Q2 us-gaap Inventory Net
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CY2020Q2 us-gaap Inventory Net
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83300000 USD
CY2021Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11100000 USD
CY2020Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
10900000 USD
CY2021Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
2500000 USD
CY2020Q2 us-gaap Assets Held For Sale Not Part Of Disposal Group Current
AssetsHeldForSaleNotPartOfDisposalGroupCurrent
2500000 USD
CY2021Q2 viav Advances To Contract Manufacturers
AdvancesToContractManufacturers
5400000 USD
CY2020Q2 viav Advances To Contract Manufacturers
AdvancesToContractManufacturers
7300000 USD
CY2021Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
11000000.0 USD
CY2020Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
10800000 USD
CY2021Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
10800000 USD
CY2020Q2 us-gaap Value Added Tax Receivable Current
ValueAddedTaxReceivableCurrent
10600000 USD
CY2021Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
7800000 USD
CY2020Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
8700000 USD
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
48600000 USD
CY2020Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
50800000 USD
CY2021Q2 viav Contract With Customer Liability Current Increase From Cash Receipts
ContractWithCustomerLiabilityCurrentIncreaseFromCashReceipts
400000 USD
CY2020Q2 viav Contract With Customer Liability Current Increase From Cash Receipts
ContractWithCustomerLiabilityCurrentIncreaseFromCashReceipts
500000 USD
CY2021Q2 us-gaap Restructuring Reserve Current
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2200000 USD
CY2020Q2 us-gaap Restructuring Reserve Current
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6500000 USD
CY2021Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
24300000 USD
CY2020Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10700000 USD
CY2021Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4400000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
4600000 USD
CY2021Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
5100000 USD
CY2020Q2 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
3200000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12000000.0 USD
CY2020Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11700000 USD
CY2021Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
15300000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
11200000 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
63700000 USD
CY2020Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
48400000 USD
CY2021Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
105600000 USD
CY2020Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
102700000 USD
CY2021Q2 viav Financing Obligation Noncurrent
FinancingObligationNoncurrent
16100000 USD
CY2020Q2 viav Financing Obligation Noncurrent
FinancingObligationNoncurrent
16200000 USD
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
23400000 USD
CY2020Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
23900000 USD
CY2021Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
20100000 USD
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
20000000.0 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
1800000 USD
CY2020Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
9400000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
24800000 USD
CY2020Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
28100000 USD
CY2021Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
12400000 USD
CY2020Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
11600000 USD
CY2021Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
19600000 USD
CY2020Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
19300000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
223800000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
231200000 USD
CY2021Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
900000 USD
CY2021Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2021Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
400000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
500000 USD
viav Term Of Maturities Of Instruments Classified As Current Assets Included In Short Term Investments
TermOfMaturitiesOfInstrumentsClassifiedAsCurrentAssetsIncludedInShortTermInvestments
P12M
CY2021Q2 viav Available For Sale Securities Debt Maturities After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCost
900000 USD
CY2021Q2 viav Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
500000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
900000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
500000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
900000 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2020Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
400000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
500000 USD
CY2021Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
500000 USD
CY2020Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
500000 USD
CY2021Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
380100000 USD
CY2020Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
334600000 USD
CY2021Q2 us-gaap Trading Securities
TradingSecurities
1500000 USD
CY2020Q2 us-gaap Trading Securities
TradingSecurities
1400000 USD
CY2021Q2 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
2100000 USD
CY2020Q2 us-gaap Foreign Currency Contract Asset Fair Value Disclosure
ForeignCurrencyContractAssetFairValueDisclosure
2200000 USD
CY2021Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
384200000 USD
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
15000000.0 USD
CY2021Q2 us-gaap Goodwill
Goodwill
396400000 USD
CY2020Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
338700000 USD
CY2021Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
2200000 USD
CY2020Q2 us-gaap Foreign Currency Contracts Liability Fair Value Disclosure
ForeignCurrencyContractsLiabilityFairValueDisclosure
1500000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
6700000 USD
CY2020Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
9900000 USD
CY2021Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
8900000 USD
CY2020Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
11400000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
1800000 USD
CY2020Q2 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
9400000 USD
CY2021Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
4900000 USD
CY2020Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
500000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
381400000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
688300000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
583700000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
104600000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
667500000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
519400000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
148100000 USD
CY2021Q2 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
8300000 USD
CY2020Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
8000000.0 USD
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
24900000 USD
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
24800000 USD
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8300000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8900000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6000000.0 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26400000 USD
CY2021Q2 viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
16600000 USD
CY2020Q1 viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
16900000 USD
viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
49800000 USD
viav Finite Lived Intangible Assets Amortized Expense
FiniteLivedIntangibleAssetsAmortizedExpense
51200000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
16500000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
39700000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
25500000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10300000 USD
CY2021Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5700000 USD
CY2021Q2 viav Finite Lived Intangible Assets Expected Amortization After Year Four
FiniteLivedIntangibleAssetsExpectedAmortizationAfterYearFour
6900000 USD
CY2021Q2 viav Finite Lived Intangible Assets Net Excluding Researchand Developmentand Goodwill
FiniteLivedIntangibleAssetsNetExcludingResearchandDevelopmentandGoodwill
104600000 USD
CY2021Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
2400000 USD
CY2020Q1 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
2100000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
7100000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
6400000 USD
CY2021Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1500000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1000000.0 USD
CY2021Q2 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5400000 USD
CY2020Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5200000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
36800000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
16200000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
15500000 USD
CY2021Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
3600000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
3600000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10400000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10200000 USD
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2021Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
3300000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3700000 USD
CY2021Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2800000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
600000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
11400000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
12900000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6300000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
15100000 USD
CY2021Q2 viav Operating Lease Right Of Use Asset Noncurrent
OperatingLeaseRightOfUseAssetNoncurrent
39100000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
39100000 USD
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12000000.0 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
24800000 USD
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
36800000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2200000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12300000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8300000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5800000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4200000 USD
CY2021Q2 viav Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
7900000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
40700000 USD
CY2021Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3900000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12800000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10200000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4600000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3600000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
7500000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
44700000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4900000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
39800000 USD
CY2020Q2 us-gaap Restructuring Reserve
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6500000 USD
us-gaap Payments For Restructuring
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3500000 USD
us-gaap Restructuring Charges
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-800000 USD
viav Restructuring Reserve Settled Without Cash And Other Adjustments
RestructuringReserveSettledWithoutCashAndOtherAdjustments
0 USD
CY2021Q2 us-gaap Restructuring Reserve
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2200000 USD
us-gaap Restructuring Charges
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-800000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14200000 USD
CY2021Q2 us-gaap Restructuring Charges
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-400000 USD
CY2020Q1 us-gaap Restructuring Charges
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-1600000 USD
us-gaap Restructuring Charges
RestructuringCharges
-2200000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35300000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
38800000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57000000.0 USD
CY2020Q1 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
31600000 USD
CY2020Q1 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
316400000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits
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48400000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
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48400000 USD
CY2021Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3700000 USD
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
7900000 USD
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
500000 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
2300000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
31700000 USD
CY2021Q2 viav Stock Repurchase Program Unsettled Liability
StockRepurchaseProgramUnsettledLiability
600000 USD
CY2021Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11000000.0 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
33300000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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1200000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1100000 USD
CY2021Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
100000 USD
CY2020Q1 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
300000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
200000 USD
CY2021Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
400000 USD
CY2020Q1 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
500000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1000000.0 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1400000 USD
CY2021Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
400000 USD
CY2020Q1 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
400000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1200000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1200000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2400000 USD
CY2021Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-800000 USD
CY2020Q1 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-700000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2300000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2200000 USD
CY2021Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
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900000 USD
CY2020Q1 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
800000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
2600000 USD
CY2021Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Current Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsCurrentFiscalYear
10500000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
5900000 USD
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
7300000 USD
CY2021Q2 us-gaap Other Commitment
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1600000 USD
viav Standard Product Warranty Term
StandardProductWarrantyTerm
P3Y
CY2021Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9600000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9200000 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9400000 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
8700000 USD
CY2021Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
500000 USD
CY2020Q1 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
600000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
2500000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
1900000 USD
CY2021Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
300000 USD
CY2020Q1 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
600000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
1600000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
2400000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-700000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
1000000.0 USD
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9600000 USD
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9200000 USD
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9600000 USD
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
9200000 USD
CY2021Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
-200000 USD
CY2020Q1 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
303400000 USD
CY2021Q2 us-gaap Gross Profit
GrossProfit
182000000.0 USD
CY2021Q2 viav Gross Profit Margin
GrossProfitMargin
0.600
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
35900000 USD
CY2021Q2 viav Operating Income Loss Margin
OperatingIncomeLossMargin
0.118
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
256200000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
146800000 USD
CY2020Q1 viav Gross Profit Margin
GrossProfitMargin
0.573
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9100000 USD
CY2020Q1 viav Operating Income Loss Margin
OperatingIncomeLossMargin
0.036
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
35900000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
9100000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
888000000.0 USD
us-gaap Gross Profit
GrossProfit
531500000 USD
viav Gross Profit Margin
GrossProfitMargin
0.599
us-gaap Operating Income Loss
OperatingIncomeLoss
109500000 USD
viav Operating Income Loss Margin
OperatingIncomeLossMargin
0.123
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
869700000 USD
us-gaap Gross Profit
GrossProfit
510700000 USD
viav Gross Profit Margin
GrossProfitMargin
0.587
us-gaap Operating Income Loss
OperatingIncomeLoss
74800000 USD
viav Operating Income Loss Margin
OperatingIncomeLossMargin
0.086
us-gaap Operating Income Loss
OperatingIncomeLoss
109500000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
74800000 USD
CY2021Q2 viav Number Of Geographic Regions In Which Entity Operates
NumberOfGeographicRegionsInWhichEntityOperates
3 region
CY2021Q2 viav Number Of Geographic Regions In Which Entity Operates
NumberOfGeographicRegionsInWhichEntityOperates
3 region
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
303400000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
256200000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
888000000.0 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
869700000 USD

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