Viavi Solutions Inc. (VIAV) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1445 SOUTH SPECTRUM BLVD. CHANDLER, AZ 85286 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| Industry (SIC) | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 541,100 | 521,100 | 582,100 | 485,500 | 513,900 | 561,300 | |||
| Cash and cash equivalents | 520,600 | 506,500 | 580,600 | 484,100 | 512,600 | 559,900 | |||
| Short-term investments | 20,500 | 14,600 | 1,500 | 1,400 | 1,300 | 1,400 | |||
| Restricted cash and investments | 3,400 | 4,500 | 4,500 | 4,200 | 3,200 | 3,600 | |||
| Receivables | 222,500 | 263,900 | 257,400 | 260,200 | 279,700 | 285,800 | |||
| Inventory, net of allowances, customer advances and progress billings | 113,500 | 116,100 | 125,900 | 120,300 | 110,600 | 110,100 | |||
| Inventory | 113,500 | 116,100 | 125,900 | 120,300 | 110,600 | 110,100 | |||
| Prepaid expense | 15,200 | 16,500 | 12,700 | 13,300 | 13,800 | 16,000 | |||
| Contract with customer, asset, after allowance for credit loss | 11,900 | 8,000 | 8,300 | 7,300 | |||||
| Derivative instruments and hedges, assets | 1,600 | 3,500 | |||||||
| Asset, held-for-sale, not part of disposal group | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | 2,500 | |||
| Other undisclosed current assets | 16,300 | 16,900 | 6,000 | 17,900 | 18,800 | 18,500 | |||
| Total current assets: | 916,100 | 945,000 | 1,003,000 | 911,900 | 950,800 | 1,005,100 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 239,000 | 243,000 | 247,200 | 244,800 | 231,700 | 228,900 | |||
| Intangible assets, net (including goodwill) | 502,400 | 513,800 | 515,900 | 521,600 | 436,500 | 441,800 | |||
| Goodwill | 449,600 | 455,200 | 451,900 | 449,200 | 387,800 | 387,600 | |||
| Intangible assets, net (excluding goodwill) | 52,800 | 58,600 | 64,000 | 72,400 | 48,700 | 54,200 | |||
| Deferred income tax assets | 86,100 | 87,000 | 89,700 | 88,100 | 83,000 | 86,300 | |||
| Other noncurrent assets | 58,500 | 61,700 | 61,600 | 61,600 | 63,100 | 65,800 | |||
| Total noncurrent assets: | 886,000 | 905,500 | 914,400 | 916,100 | 814,300 | 822,800 | |||
| TOTAL ASSETS: | 1,802,100 | 1,850,500 | 1,917,400 | 1,828,000 | 1,765,100 | 1,827,900 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 66,000 | 68,400 | 71,500 | 79,500 | 160,400 | 189,300 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 8,300 | 4,600 | ||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 14,800 | 21,100 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 48,600 | 76,000 | ||
| Accounts payable | 39,800 | 47,200 | 43,700 | 50,200 | 62,000 | 58,300 | |||
| Accrued liabilities | 26,200 | 21,200 | 27,800 | 29,300 | 26,700 | 29,300 | |||
| Deferred revenue | 67,000 | 78,600 | 75,500 | 74,700 | 71,400 | 81,000 | |||
| Debt | 96,200 | 96,200 | 164,200 | 68,000 | 68,000 | 68,400 | |||
| Asset retirement obligation | 500 | ||||||||
| Other liabilities | 41,200 | 49,800 | 60,200 | 52,100 | 56,500 | 56,300 | |||
| Other undisclosed current liabilities | 40,500 | 50,000 | 41,200 | 54,400 | (23,100) | (25,700) | |||
| Total current liabilities: | 310,900 | 343,500 | 412,600 | 328,700 | 333,200 | 369,300 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 631,100 | 629,500 | 627,900 | 617,200 | 616,900 | 616,500 | |||
| Long-term debt, excluding current maturities | 631,100 | 629,500 | 627,900 | 617,200 | 616,900 | 616,500 | |||
| Liabilities, other than long-term debt | 184,900 | 186,700 | 194,600 | 194,300 | 166,600 | 170,400 | |||
| Other liabilities | 184,900 | 186,700 | 194,600 | 194,300 | 166,600 | 170,400 | |||
| Total noncurrent liabilities: | 816,000 | 816,200 | 822,500 | 811,500 | 783,500 | 786,900 | |||
| Total liabilities: | 1,126,900 | 1,159,700 | 1,235,100 | 1,140,200 | 1,116,700 | 1,156,200 | |||
| Equity | |||||||||
| Equity, attributable to parent | 675,200 | 690,800 | 682,300 | 687,800 | 648,400 | 671,700 | |||
| Common stock | 200 | 200 | 200 | 200 | 200 | 200 | |||
| Additional paid in capital | 70,432,400 | 70,427,300 | 70,415,600 | 70,388,800 | 70,375,900 | 70,370,200 | |||
| Accumulated other comprehensive loss | (156,500) | (136,000) | (142,900) | (156,000) | (199,300) | (156,400) | |||
| Accumulated deficit | (69,600,900) | (69,600,700) | (69,590,600) | (69,545,200) | (69,528,400) | (69,542,300) | |||
| Total equity: | 675,200 | 690,800 | 682,300 | 687,800 | 648,400 | 671,700 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,802,100 | 1,850,500 | 1,917,400 | 1,828,000 | 1,765,100 | 1,827,900 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 247,900 | 263,600 | 247,800 | 284,500 | 310,200 | 335,300 | ||
| Cost of revenue | (103,500) | (117,600) | (106,800) | (117,500) | (125,400) | (134,200) | ||
| Gross profit: | 144,400 | 146,000 | 141,000 | 167,000 | 184,800 | 201,100 | ||
| Operating expenses | (128,400) | (134,200) | (143,100) | (144,100) | (135,000) | (153,100) | ||
| Operating income (loss): | 16,000 | 11,800 | (2,100) | 22,900 | 49,800 | 48,000 | ||
| Nonoperating income (Other Nonoperating income) | 10,200 | 2,700 | 1,600 | 2,200 | 1,100 | 2,100 | ||
| Interest and debt expense | (7,800) | (8,100) | (6,700) | (6,200) | (6,100) | (6,200) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 18,400 | 6,400 | (7,200) | 18,900 | 44,800 | 43,900 | ||
| Other undisclosed loss from continuing operations before income taxes | (2,200) | (101,800) | ||||||
| Income (loss) from continuing operations before income taxes: | 18,400 | 4,200 | (7,200) | 18,900 | 44,800 | (57,900) | ||
| Income tax expense | (8,600) | (6,500) | (6,000) | (10,500) | (12,200) | (24,300) | ||
| Income (loss) from continuing operations: | 9,800 | (2,300) | (13,200) | 8,400 | 32,600 | (82,200) | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 32,600 | (82,200) | |
| Net income (loss): | 9,800 | (2,300) | (13,200) | 8,400 | 32,600 | (82,200) | ||
| Other undisclosed net income (loss) attributable to parent | 2,200 | (2,200) | 98,700 | |||||
| Net income (loss) available to common stockholders, diluted: | 9,800 | (100) | (15,400) | 8,400 | 32,600 | 16,500 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2023 Q2 | 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 9,800 | (2,300) | (13,200) | 8,400 | 32,600 | (82,200) | ||
| Other undisclosed comprehensive income | 2,000 | 13,900 | ||||||
| Comprehensive income (loss): | 9,800 | (300) | (13,200) | 8,400 | 32,600 | (68,300) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (20,500) | 7,100 | 10,900 | 43,300 | (42,900) | 49,700 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (10,700) | 6,800 | (2,300) | 51,700 | (10,300) | (18,600) | ||
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.