Lumentum Holdings Inc. (LITE) financial statements (2021 and earlier)
Company profile
| Business Address |
1001 RIDDER PARK DRIVE SAN JOSE, CA 95131 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| SIC | 3669 - Communications Equipment, Not Elsewhere Classified (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 1,700 | 1,554 | 769 | 712 | 555 | 157 | ||
| Cash and cash equivalents | 321 | 298 | 433 | 397 | 273 | 157 | ||
| Short-term investments | 1,379 | 1,256 | 336 | 314 | 282 | |||
| Receivables | 5 | 12 | 197 | 167 | 173 | |||
| Inventory, net of allowances, customer advances and progress billings | 207 | 189 | 229 | 154 | 145 | 101 | ||
| Inventory | 207 | 189 | 229 | 154 | 145 | 101 | ||
| Prepaid expense | 32 | 20 | 12 | 34 | ||||
| Assets held-for-sale, not part of disposal group | 5 | |||||||
| Other undisclosed current assets | 354 | 307 | 286 | 46 | 51 | 26 | ||
| Total current assets: | 2,266 | 2,050 | 1,333 | 1,127 | 930 | 490 | ||
| Noncurrent Assets | ||||||||
| Finance lease, right-of-use asset | 12 | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 72 | 79 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 433 | 307 | 274 | 183 | ||||
| Intangible assets, net (including goodwill) | 654 | 686 | 764 | 18 | 22 | 20 | ||
| Goodwill | 369 | 369 | 369 | 11 | 11 | 5 | ||
| Intangible assets, net (excluding goodwill) | 285 | 317 | 395 | 7 | 10 | 15 | ||
| Deferred income tax assets | 85 | 81 | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 5 | 4 | 17 | 4 | 4 | 2 | ||
| Other undisclosed noncurrent assets | 386 | 381 | 170 | 126 | 4 | 32 | ||
| Total noncurrent assets: | 1,202 | 1,243 | 1,384 | 454 | 303 | 237 | ||
| TOTAL ASSETS: | 3,468 | 3,293 | 2,717 | 1,582 | 1,233 | 726 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 191 | 228 | 250 | 192 | 162 | 162 | ||
| Accounts payable | 111 | 151 | 161 | 127 | 115 | 118 | ||
| Accrued liabilities | 33 | 24 | 47 | 34 | 19 | 15 | ||
| Employee-related liabilities | 47 | 53 | 42 | 32 | 28 | 27 | ||
| Taxes payable | 1 | 2 | ||||||
| Debt | 380 | 11 | 5 | |||||
| Other liabilities | 65 | 44 | 39 | 22 | 22 | 12 | ||
| Other undisclosed current liabilities | 11 | |||||||
| Total current liabilities: | 647 | 283 | 294 | 214 | 184 | 174 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 824 | 1,178 | 836 | 334 | 318 | |||
| Long-term debt, excluding current maturities | 769 | 1,120 | 836 | 334 | 318 | |||
| Operating lease, liability | 55 | 58 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 75 | 83 | 34 | 71 | 77 | 19 | ||
| Deferred income tax liabilities | 37 | 47 | ✕ | ✕ | ✕ | ✕ | ||
| Other liabilities | 38 | 36 | 34 | 19 | 25 | 9 | ||
| Derivative instruments and hedges, liabilities | 52 | 52 | 10 | |||||
| Other undisclosed noncurrent liabilities | 56 | |||||||
| Total noncurrent liabilities: | 899 | 1,260 | 926 | 406 | 394 | 19 | ||
| Total liabilities: | 1,546 | 1,543 | 1,220 | 620 | 578 | 193 | ||
| Temporary equity, carrying amount | 36 | 36 | 36 | |||||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 1,922 | 1,749 | 1,497 | 926 | 619 | 497 | ||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Additional paid in capital | 1,701 | 1,677 | 1,361 | 753 | 695 | 468 | ||
| Accumulated other comprehensive income | 6 | 8 | 7 | 6 | 7 | 9 | ||
| Retained earnings (accumulated deficit) | 215 | 65 | 129 | 166 | (83) | 20 | ||
| Total stockholders' equity: | 1,922 | 1,749 | 1,497 | 926 | 619 | 497 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,468 | 3,293 | 2,717 | 1,582 | 1,233 | 726 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,702 | 1,679 | 1,565 | 1,248 | 1,002 | 903 | |
| Revenue, net | ✕ | ✕ | ✕ | 1,002 | 903 | ||
| Cost of revenue | 1 | (54) | (1,093) | (3) | (7) | (619) | |
| Cost of goods and services sold | 1 | (54) | (1,093) | (3) | (7) | (7) | |
| Other undisclosed gross profit | (975) | (975) | (47) | (812) | (677) | (7) | |
| Gross profit: | 729 | 650 | 426 | 432 | 318 | 277 | |
| Operating expenses | (445) | (446) | (448) | (292) | (271) | (266) | |
| Operating income (loss): | 284 | 204 | (22) | 140 | 48 | 12 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 25 | 31 | 16 | (10) | (3) | (1) | |
| Interest and debt expense | (64) | (61) | (36) | (0) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 245 | 174 | (42) | 130 | 44 | 10 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 9 | (1) | (104) | (1) | |||
| Income (loss) from continuing operations before income taxes: | 245 | 174 | (33) | 129 | (60) | 10 | |
| Income tax expense (benefit) | (56) | (39) | (3) | 119 | (43) | (0) | |
| Net income (loss) attributable to parent: | 189 | 136 | (36) | 248 | (103) | 9 | |
| Preferred stock dividends and other adjustments | (0) | (1) | (1) | (13) | |||
| Other undisclosed net loss available to common stockholders, basic | (1) | (6) | |||||
| Net income (loss) available to common stockholders, diluted: | 189 | 136 | (38) | 242 | (103) | (3) | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 189 | 136 | (36) | 248 | (103) | 9 | |
| Comprehensive income (loss): | 189 | 136 | (36) | 248 | (103) | 9 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1) | 1 | 1 | (1) | (2) | (3) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 188 | 136 | (36) | 247 | (105) | 6 | |
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.