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 thousands)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,013,6001,667,2001,680,4001,624,9002,549,0002,564,100
Cash and cash equivalents859,000549,200592,100605,3001,290,2001,130,300
Short-term investments1,154,6001,118,0001,088,3001,019,6001,258,8001,433,800
Receivables6,7006,6005,3003,9003,9004,100
Inventory, net of allowances, customer advances and progress billings408,600410,200366,900366,200250,100224,000
Inventory408,600410,200366,900366,200250,100224,000
Other undisclosed current assets349,000379,600440,000443,400336,200308,400
Total current assets:2,777,9002,463,6002,492,6002,438,4003,139,2003,100,600
Noncurrent Assets
Operating lease, right-of-use asset77,30081,50084,90089,40073,60074,300
Property, plant and equipment1,062,100482,900487,700478,000  
Intangible assets, net (including goodwill)1,154,3001,194,6001,238,1001,269,700524,600545,800
Goodwill695,100696,200698,200693,700368,900368,900
Intangible assets, net (excluding goodwill)459,200498,400539,900576,000155,700176,900
Deferred income tax assets116,300116,200100,100100,50027,00019,700
Other noncurrent assets16,80015,20014,70011,40037,30036,700
Other undisclosed noncurrent assets (572,600)   360,500356,400
Total noncurrent assets:1,854,2001,890,4001,925,5001,949,0001,023,0001,032,900
TOTAL ASSETS:4,632,1004,354,0004,418,1004,387,4004,162,2004,133,500
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities220,600258,200267,700320,700256,000211,000
Employee-related liabilities62,20054,60047,500
Accounts payable169,400198,700205,600205,700156,700126,800
Accrued liabilities51,20059,50062,10052,80044,70036,700
Debt311,600426,200420,700420,200409,900406,100
Other liabilities47,80029,00051,20048,30039,40031,600
Other undisclosed current liabilities53,80055,50074,70013,60011,20012,000
Total current liabilities:633,800768,900814,300802,800716,500660,700
Noncurrent Liabilities
Long-term debt and lease obligation2,500,0001,900,8001,900,3001,957,5001,514,9001,500,400
Long-term debt, excluding current maturities2,500,0001,900,8001,900,3001,899,5001,466,1001,447,600
Liabilities, other than long-term debt142,500146,300159,900100,70055,80060,300
Deferred income tax liabilities3,40017,50025,80024,80012,90017,500
Other liabilities91,40075,70077,10075,90042,90042,800
Operating lease, liability47,70053,10057,00058,00048,80052,800
Total noncurrent liabilities:2,642,5002,047,1002,060,2002,058,2001,570,7001,560,700
Total liabilities:3,276,3002,816,0002,874,5002,861,0002,287,2002,221,400
Equity
Equity, attributable to parent1,355,8001,538,0001,543,6001,526,4001,875,0001,912,100
Common stock100100100100100100
Additional paid in capital1,692,2001,671,4001,641,4001,596,1002,003,6001,973,700
Accumulated other comprehensive income (loss)4,1007,1003,400(200)400(1,200)
Accumulated deficit(340,600)(140,600)(101,300)(69,600)(129,100)(60,500)
Total equity:1,355,8001,538,0001,543,6001,526,4001,875,0001,912,100
TOTAL LIABILITIES AND EQUITY:4,632,1004,354,0004,418,1004,387,4004,162,2004,133,500

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

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
Revenues370,800383,400506,000506,800422,100395,400
Cost of revenue
(Cost of Goods and Services Sold)
(281,200)(271,400)(339,800)(305,600)(240,400)(228,200)
Gross profit:89,600112,000166,200201,200181,700167,200
Operating expenses(145,500)(163,400)(188,100)(187,700)(126,300)(120,400)
Operating income (loss):(55,900)(51,400)(21,900)13,50055,40046,800
Nonoperating income
(Other Nonoperating income)
19,90011,4003,70013,8008,2002,200
Interest and debt expense(9,400)(8,700)(8,900)(8,500)(26,500)(19,700)
Income (loss) from continuing operations before income taxes:(45,400)(48,700)(27,100)18,80037,10029,300
Income tax expense (benefit)(14,800)9,400(4,600)(19,200)(2,400)(3,300)
Income (loss) from continuing operations:(60,200)(39,300)(31,700)(400)34,70026,000
Income (loss) before gain (loss) on sale of properties:(400)34,70026,000
Net income (loss) available to common stockholders, diluted:(60,200)(39,300)(31,700)(400)34,70026,000

Comprehensive Income ($ in thousands)

9/30/2023
Q1
6/30/2023
Q4
3/31/2023
Q3
12/31/2022
Q2
9/30/2022
Q1
6/30/2022
Q4
3/31/2022
Q3
Net income (loss):(60,200)(39,300)(31,700)(400)34,70026,000
Comprehensive income (loss):(60,200)(39,300)(31,700)(400)34,70026,000
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3,000)3,7003,600(600)1,600(7,400)
Comprehensive income (loss), net of tax, attributable to parent:(63,200)(35,600)(28,100)(1,000)36,30018,600

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.

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