Lumentum Holdings Inc. (LITE) Financial Statements (2024 and earlier)

Company Profile

Business Address 1001 RIDDER PARK DRIVE
SAN JOSE, CA 95131
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
MRQ
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,2242,0142,5491,9461,554769
Cash and cash equivalents4698591,290774298433
Short-term investments7551,1551,2591,1721,256336
Receivables7744 12
Inventory, net of allowances, customer advances and progress billings472409250196189229
Inventory472409250196189229
Prepaid expense      32
Asset, held-for-sale, not part of disposal group      5
Other undisclosed current assets359349336290307286
Total current assets:2,0622,7783,1392,4372,0501,333
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization     12
Operating lease, right-of-use asset8177746779
Property, plant and equipment5821,062   433
Intangible assets, net (including goodwill)1,7851,154525610686764
Goodwill1,055695369369369369
Intangible assets, net (excluding goodwill)731459156241317395
Deferred income tax assets130116277381
Other noncurrent assets1517373417
Other undisclosed noncurrent assets  (573)361361381170
Total noncurrent assets:2,5941,8541,0231,1151,2431,384
TOTAL ASSETS:4,6564,6324,1623,5523,2932,717
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities229221256204228250
Employee-related liabilities55545342
Accounts payable163169157117151161
Accrued liabilities665145332447
Debt 320312410391115
Other liabilities454839584439
Other undisclosed current liabilities65541112  
Total current liabilities:658634717665283294
Noncurrent Liabilities
Long-term debt and lease obligation2,5022,5001,5158371,178836
Long-term debt, excluding current maturities2,5022,5001,4667901,120836
Liabilities, other than long-term debt21814356778334
Deferred income tax liabilities683133647
Other liabilities989143413634
Operating lease, liability5348494858
Other undisclosed noncurrent liabilities      56
Total noncurrent liabilities:2,7202,6431,5719141,260926
Total liabilities:3,3783,2762,2871,5791,5431,220
Equity
Equity, attributable to parent1,2781,3561,8751,9731,7491,497
Common stock000000
Additional paid in capital1,7761,6922,0041,7441,6771,361
Accumulated other comprehensive income940887
Retained earnings (accumulated deficit)(508)(341)(129)22165129
Total equity:1,2781,3561,8751,9731,7491,497
TOTAL LIABILITIES AND EQUITY:4,6564,6324,1623,5523,2932,717

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

3/31/2024
TTM
12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues1,4391,7671,7131,7431,6791,565
Cost of revenue
(Cost of Goods and Services Sold)
(1,096)(1,198)(924)(960)(54)(1,093)
Other undisclosed gross profit     (975)(47)
Gross profit:342569789783650426
Operating expenses(636)(685)(485)(256)(446)(448)
Operating income (loss):(293)(116)303527204(22)
Nonoperating income
(Other Nonoperating income)
66491233116
Interest and debt expense(38)(36)(80)(67)(61)(36)
Income (loss) from continuing operations before equity method investments, income taxes:(265)(102)235463174(42)
Other undisclosed income from continuing operations before income taxes      9
Income (loss) from continuing operations before income taxes:(265)(102)235463174(33)
Income tax expense(2)(29)(36)(66)(39)(3)
Income (loss) from continuing operations:(267)(132)199397136(36)
Income (loss) before gain (loss) on sale of properties:199397136(36)
Net income (loss) attributable to parent:(267)(132)199397136(36)
Preferred stock dividends and other adjustments      (0)
Other undisclosed net loss available to common stockholders, basic      (1)
Net income (loss) available to common stockholders, diluted:(267)(132)199397136(38)

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income (loss):(267)(132)199397136(36)
Comprehensive income (loss):(267)(132)199397136(36)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent64(8)011
Comprehensive income (loss), net of tax, attributable to parent:(261)(128)191398136(36)

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: