Lumentum Holdings Inc. (LITE) financial statements (2022 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)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,0221,9461,554769712555
Cash and cash equivalents552774298433397273
Short-term investments1,4701,1721,256336314282
Receivables44 12197167
Inventory, net of allowances, customer advances and progress billings208196189229154145
Inventory208196189229154145
Prepaid expense   322012
Assets held-for-sale, not part of disposal group   5  
Other undisclosed current assets3052903072864651
Total current assets:2,5402,4372,0501,3331,127930
Noncurrent Assets
Finance lease, right-of-use asset  12
Operating lease, right-of-use asset756779
Property, plant and equipment   433307274
Intangible assets, net (including goodwill)5676106867641822
Goodwill3693693693691111
Intangible assets, net (excluding goodwill)198241317395710
Deferred income tax assets677381
Other noncurrent assets7341744
Other undisclosed noncurrent assets3603613811701264
Total noncurrent assets:1,0761,1151,2431,384454303
TOTAL ASSETS:3,6163,5523,2932,7171,5821,233
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities210204228250192162
Accounts payable118117151161127115
Accrued liabilities413324473419
Employee-related liabilities505453423228
Taxes payable     1
Debt401391115  
Other liabilities345844392222
Other undisclosed current liabilities1212    
Total current liabilities:657665283294214184
Noncurrent Liabilities
Long-term debt and lease obligation8668371,178836334318
Long-term debt, excluding current maturities8107901,120836334318
Operating lease, liability564858
Liabilities, other than long-term debt717783347177
Deferred income tax liabilities293647
Other liabilities424136341925
Derivative instruments and hedges, liabilities    5252
Other undisclosed noncurrent liabilities   56  
Total noncurrent liabilities:9379141,260926406394
Total liabilities:1,5941,5791,5431,220620578
Temporary equity, carrying amount    3636
Stockholders' equity
Stockholders' equity attributable to parent2,0221,9731,7491,497926619
Common stock000000
Additional paid in capital1,7781,7441,6771,361753695
Accumulated other comprehensive income688767
Retained earnings (accumulated deficit)23822165129166(83)
Total stockholders' equity:2,0221,9731,7491,497926619
TOTAL LIABILITIES AND EQUITY:3,6163,5523,2932,7171,5821,233

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

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
Revenues1,7071,7431,6791,5651,2481,002
Revenue, net 1,002
Cost of revenue
(Cost of Goods and Services Sold)
(919)(960)(54)(1,093)(3)(7)
Other undisclosed gross profit  (975)(47)(812)(677)
Gross profit:788783650426432318
Operating expenses(274)(256)(446)(448)(292)(271)
Operating income (loss):514527204(22)14048
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
533116(10)(3)
Interest and debt expense(68)(67)(61)(36)  
Income (loss) from continuing operations before equity method investments, income taxes:450463174(42)13044
Other undisclosed income (loss) from continuing operations before income taxes   9(1)(104)
Income (loss) from continuing operations before income taxes:450463174(33)129(60)
Income tax expense (benefit)(65)(66)(39)(3)119(43)
Net income (loss) attributable to parent:385397136(36)248(103)
Preferred stock dividends and other adjustments   (0)(1)(1)
Other undisclosed net loss available to common stockholders, basic   (1)(6) 
Net income (loss) available to common stockholders, diluted:385397136(38)242(103)

Comprehensive Income ($ in millions)

12/31/2021
TTM
6/30/2021
6/30/2020
6/30/2019
6/30/2018
6/30/2017
Net income (loss):385397136(36)248(103)
Comprehensive income (loss):385397136(36)248(103)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0011(1)(2)
Comprehensive income (loss), net of tax, attributable to parent:385398136(36)247(105)

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.

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