II-VI Incorporated (IIVI) financial statements (2021 and earlier)
Company profile
| Business Address |
375 SAXONBURG BLVD SAXONBURG, PA 16056 |
| State of Incorp. | PA |
| Fiscal Year End | June 30 |
| SIC | 3827 - Optical Instruments and Lenses (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 377 | 205 | 247 | 272 | 218 | 174 | 175 | ||
| Cash and cash equivalents | 377 | 205 | 247 | 272 | 218 | 174 | 175 | ||
| Receivables | 489 | 270 | 215 | 193 | 165 | 141 | 137 | ||
| Inventory, net of allowances, customer advances and progress billings | 663 | 296 | 248 | 204 | 175 | 164 | 166 | ||
| Inventory | 663 | 296 | 248 | 204 | 175 | 164 | 166 | ||
| Prepaid expense | 8 | 12 | 8 | 7 | 7 | 7 | 4 | ||
| Deferred costs | 1 | ||||||||
| Other undisclosed current assets | 52 | 30 | 44 | 27 | 18 | 27 | 24 | ||
| Total current assets: | 1,589 | 813 | 762 | 702 | 583 | 513 | 506 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,347 | 583 | 525 | 368 | 243 | 204 | 209 | ||
| Long-term investments and receivables | 78 | 76 | 69 | 12 | 12 | ||||
| Long-term investments | 78 | 76 | 69 | 12 | 12 | ||||
| Intangible assets, net (including goodwill) | 2,026 | 459 | 396 | 384 | 358 | 318 | 333 | ||
| Goodwill | 1,097 | 320 | 271 | 250 | 234 | 196 | 196 | ||
| Intangible assets, net (excluding goodwill) | 930 | 139 | 125 | 134 | 125 | 122 | 136 | ||
| Other noncurrent assets | 150 | 14 | 8 | 8 | 9 | 9 | 9 | ||
| Other undisclosed noncurrent assets | 17 | 9 | 2 | 15 | 19 | 2 | 4 | ||
| Total noncurrent assets: | 3,619 | 1,141 | 1,000 | 775 | 630 | 545 | 566 | ||
| TOTAL ASSETS: | 5,208 | 1,954 | 1,762 | 1,477 | 1,213 | 1,058 | 1,072 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 473 | 247 | 216 | 165 | 151 | 118 | 83 | ||
| Accounts payable | 229 | 104 | 90 | 66 | 54 | 45 | 46 | ||
| Accrued liabilities | 128 | 50 | 43 | 29 | 26 | 25 | |||
| Employee-related liabilities | 95 | 72 | 66 | 58 | 59 | 39 | 32 | ||
| Taxes payable | 21 | 20 | 17 | 12 | 13 | 9 | 5 | ||
| Debt | 98 | 24 | 20 | 20 | 20 | 20 | 20 | ||
| Deferred tax liabilities | ✕ | 1 | 1 | ||||||
| Other undisclosed current liabilities | 31 | ||||||||
| Total current liabilities: | 572 | 271 | 236 | 185 | 171 | 139 | 135 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,322 | 443 | 419 | 345 | 216 | 156 | 233 | ||
| Long-term debt, excluding current maturities | 2,228 | 443 | 419 | 322 | 216 | 156 | 222 | ||
| Capital lease obligations | ✕ | 23 | 11 | ||||||
| Operating lease, liability | 93 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 221 | 107 | 82 | 46 | 43 | 34 | 40 | ||
| Deferred tax liabilities, net | ✕ | 24 | 27 | 15 | 11 | 7 | 7 | ||
| Liability for uncertainty in income taxes | 70 | ||||||||
| Other liabilities | 151 | 83 | 55 | 31 | 32 | 27 | 32 | ||
| Other undisclosed noncurrent liabilities | 28 | (11) | |||||||
| Total noncurrent liabilities: | 2,571 | 550 | 501 | 392 | 259 | 190 | 262 | ||
| Total liabilities: | 3,143 | 821 | 737 | 577 | 430 | 329 | 397 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 2,066 | 1,133 | 1,024 | 901 | 782 | 729 | 675 | ||
| Common stock | 1,441 | 382 | 352 | 270 | 244 | 227 | 214 | ||
| Treasury stock, value | (186) | (169) | (160) | (103) | (100) | (93) | (79) | ||
| Accumulated other comprehensive income (loss) | (9) | (24) | (4) | (14) | (14) | 9 | 19 | ||
| Retained earnings | 819 | 944 | 836 | 748 | 653 | 587 | 521 | ||
| Total stockholders' equity: | 2,066 | 1,133 | 1,024 | 901 | 782 | 729 | 675 | ||
| TOTAL LIABILITIES AND EQUITY: | 5,208 | 1,954 | 1,762 | 1,477 | 1,213 | 1,058 | 1,072 | ||
Income statement (P&L) ($ in millions)
| 12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,712 | 1,362 | 1,159 | 972 | 827 | 742 | 683 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,175) | (841) | (698) | (584) | (514) | (470) | (457) | |
| Gross profit: | 537 | 521 | 461 | 388 | 313 | 272 | 227 | |
| Operating expenses | (720) | (465) | (407) | (336) | (278) | (250) | (233) | |
| Other operating income (expense), net | (4) | 3 | 5 | 10 | 1 | 6 | 4 | |
| Other undisclosed operating income | 49 | 49 | ||||||
| Operating income (loss): | (187) | 59 | 60 | 62 | 36 | 77 | 46 | |
| Nonoperating income (expense) (Foreign Currency Transaction loss, before Tax) | (2) | (1) | ||||||
| Interest and debt expense | (47) | (22) | (18) | (7) | (3) | (4) | (4) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 157 | 92 | 81 | 64 | 57 | 8 | 4 | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (76) | 129 | 122 | 119 | 90 | 79 | 46 | |
| Income from equity method investments | 1 | 1 | ||||||
| Income (loss) from continuing operations before income taxes: | (76) | 129 | 122 | 119 | 90 | 80 | 46 | |
| Income tax expense (benefit) | 5 | (21) | (34) | (24) | (24) | (13) | (7) | |
| Other undisclosed loss from continuing operations | (1) | (1) | ||||||
| Income (loss) from continuing operations: | (72) | 108 | 88 | 95 | 65 | 66 | 38 | |
| Income from discontinued operations | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | (72) | 108 | 88 | 95 | 65 | 66 | 38 | |
Comprehensive Income ($ in millions)
| 12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (72) | 108 | 88 | 95 | 65 | 66 | 38 | |
| Other comprehensive income (loss) | (27) | (20) | 10 | 0 | (23) | (11) | ||
| Other undisclosed comprehensive income | 4 | |||||||
| Comprehensive income (loss): | (98) | 87 | 98 | 96 | 43 | 55 | 42 | |
| Other undisclosed comprehensive income, net of tax, attributable to parent | 37 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (62) | 87 | 98 | 96 | 43 | 55 | 42 | |
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.