Ciena Corporation (CIEN) financial statements (2020 and earlier)

Company profile

Business Address 7035 RIDGE ROAD
HANOVER, MD 21076
State of Incorp. DE
Fiscal Year End October 31
SIC 3661 - Telephone and Telegraph Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
4/30/2019
Q2
1/31/2019
Q1
10/31/2018
Q4
7/31/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9471,014843119788894955
Cash and cash equivalents837904723 669745726
Short-term investments110110120119119149229
Restricted cash and investments 0     
Receivables691753836768781813729
Inventory, net of allowances, customer advances and progress billings343345357359323263228
Inventory343345357359323263228
Prepaid expense154133131109101116 
Contract with customer, asset 84     
Capitalized contract cost 12     
Deferred costs00  019 
Derivative instruments and hedges, assets021100 
Other undisclosed current assets131391248219638192
Total current assets:2,2662,3822,2912,1782,0902,1432,104
Noncurrent Assets
Finance lease, right-of-use asset57   
Operating lease, right-of-use asset50   
Property, plant and equipment 287281282289292296
Long-term investments and receivables1010   5929
Long-term investments1010   5929
Intangible assets, net (including goodwill)437411419428437446396
Goodwill311298298298298298288
Intangible assets, net (excluding goodwill)126113121130139148108
Deferred income tax assets699715700716
Other noncurrent assets90898483757273
Other undisclosed noncurrent assets221   728745724
Total noncurrent assets:1,5641,5121,4841,5091,5281,6141,518
TOTAL ASSETS:3,8313,8933,7763,6873,6183,7573,623
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities585728682658608681611
Accounts payable312345357367336341313
Accrued liabilities273383325291273340298
Deferred revenue122111102104
Debt2677777354
Restructuring reserve     34
Contract with customer, liability86  
Other undisclosed current liabilities     273100
Total current liabilities:7338467917697019631,068
Noncurrent Liabilities
Long-term debt and lease obligation734680682683685686587
Long-term debt, excluding current maturities681680682683685686587
Operating lease, liability53   
Liabilities, other than long-term debt170194183171178121110
Deferred revenue44454341
Contract with customer, liability51  
Restructuring reserve     11
Other liabilities126149141130127119109
Other undisclosed noncurrent liabilities     5779
Total noncurrent liabilities:904875865854863864775
Total liabilities:1,6371,7211,6561,6241,5641,8271,844
Stockholders' equity
Stockholders' equity attributable to parent2,1942,1732,1192,0632,0541,9291,779
Common stock2222221
Additional paid in capital6,8026,8386,8666,8926,9286,8816,798
Accumulated other comprehensive loss(28)(22)(24)(19)(11)(6)(9)
Accumulated deficit(4,582)(4,644)(4,725)(4,811)(4,864)(4,948)(5,012)
Total stockholders' equity:2,1942,1732,1192,0632,0541,9291,779
TOTAL LIABILITIES AND EQUITY:3,8313,8933,7763,6873,6183,7573,623

Income statement (P&L) ($ in millions)

1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
4/30/2019
Q2
1/31/2019
Q1
10/31/2018
Q4
7/31/2018
Q3
Revenues833968961865779899819
Cost of revenue
(Cost of Goods and Services Sold)
(462)(548)(536)(490)(455)(501)(467)
Gross profit:371420424375323398352
Operating expenses(293)(326)(299)(294)(275)(302)(266)
Operating income:789312580489685
Nonoperating income (expense)(0)(5)(3)(3)0(8)(7)
Foreign currency transaction gain (loss), before tax(1)(5)(2)(3)1(8)(7)
Other nonoperating income (expense)0(0)(0)0(0)(0)(0)
Interest and debt expense(9)(9)(9)(9)(9)(15)(14)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes34434(19)6
Income from continuing operations before income taxes:728311771435470
Income tax expense (benefit)(10)(3)(30)(18)(9)10(19)
Net income available to common stockholders, basic:62808753346451
Other undisclosed net income (loss) available to common stockholders, diluted     (13)3
Net income available to common stockholders, diluted:62808753345154

Comprehensive Income ($ in millions)

1/31/2020
Q1
10/31/2019
Q4
7/31/2019
Q3
4/30/2019
Q2
1/31/2019
Q1
10/31/2018
Q4
7/31/2018
Q3
Net income:62808753346451
Other comprehensive income (loss)(6)2  (5)3 
Comprehensive income:57828753296751
Other undisclosed comprehensive loss, net of tax, attributable to parent  (5)(9)  (4)
Comprehensive income, net of tax, attributable to parent:57828244296747

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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