Viavi Solutions Inc. (VIAV) financial statements (2021 and earlier)

Company profile

Business Address 6001 AMERICA CENTER DRIVE
SAN JOSE, CA 95002
State of Incorp. DE
Fiscal Year End June 30
SIC 3674 - Semiconductors and Related Devices (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 investments5535237811,437968813849
Cash and cash equivalents5525226111,004483348297
Short-term investments22169432485465552
Restricted cash and investments44711122632
Receivables271255218120148303316
Inventory, net of allowances, customer advances and progress billings92103924851154153
Inventory92103924851154153
Prepaid expense1314118103733
Contract with customer, asset 4
Assets held-for-sale, not part of disposal group33   
Other undisclosed current assets19134443224826
Total current assets:9559171,1531,6671,2121,3801,410
Noncurrent Assets
Property, plant and equipment174180171137133295289
Intangible assets, net (including goodwill)564593571183212374445
Goodwill385381336152152261267
Intangible assets, net (excluding goodwill)1792122353160112178
Restricted cash and investments 5 7667
Deferred income tax assets107
Other noncurrent assets61171414182226
Other undisclosed noncurrent assets 103115103103142177
Total noncurrent assets:905898870444471838942
TOTAL ASSETS:1,8601,8152,0232,1111,6832,2182,352
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities148156137107117240273
Accounts payable4963563347121137
Accrued liabilities32343031254135
Employee-related liabilities67595144457180
Taxes payable     721
Deferred revenue53
Debt  275    
Deferred compensation liability     34
Restructuring reserve     2215
Asset retirement obligation     22
Deferred revenue and credits 60798178
Deferred tax liabilities    7 
Contract with customer, liability5572
Other liabilities61727761315458
Other undisclosed current liabilities     (35)(20)
Total current liabilities:262284561229226376408
Noncurrent Liabilities
Long-term debt and lease obligation590579558931588591568
Long-term debt, excluding current maturities590579558931588562536
Capital lease obligations    2931
Liabilities, other than long-term debt244227183164179307389
Deferred revenue and credits   2423
Accounts payable and accrued liabilities      14
Asset retirement obligations     55
Deferred tax liabilities, net     9
Liability, pension and other postretirement and postemployment benefits     89107
Restructuring reserve     1012
Other liabilities244227183164179179220
Other undisclosed noncurrent liabilities     (156)(201)
Total noncurrent liabilities:8348057411,095767741756
Total liabilities:1,0951,0891,3021,3249941,1161,164
Stockholders' equity
Stockholders' equity attributable to parent7647267217866891,1011,188
Common stock0000000
Additional paid in capital70,25470,24570,21670,18470,06070,02369,957
Accumulated other comprehensive income (loss)(133)(135)(102)(92)10(48)11
Accumulated deficit(69,357)(69,385)(69,393)(69,306)(69,381)(68,874)(68,781)
Total stockholders' equity:7647267217866891,1011,188
TOTAL LIABILITIES AND EQUITY:1,8601,8152,0232,1111,6832,2182,352

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
Revenues1,1681,1308808119061,7091,743
Revenue, net 8119061,7091,743
Cost of revenue(482)(479)(388)(325)(357)(39)(916)
Cost of goods and services sold(33)(34)(27)(325)(357)(39)(43)
Other undisclosed gross profit     (891)(43)
Gross profit:687651492486550779784
Operating expenses(586)(584)(487)(472)(634)(831)(786)
Operating income (loss):10167514(84)(52)(2)
Nonoperating income76102167412
Investment income, nonoperating(0)(1)(0)2037224
Foreign currency transaction loss, before tax     (4)(3)
Other nonoperating income771013331
Interest and debt expense(33)(34)(47)(43)(36)(34)(30)
Income (loss) from continuing operations before equity method investments, income taxes:7639(33)187(46)(86)(29)
Other undisclosed income (loss) from continuing operations before income taxes     3(2)
Income (loss) from continuing operations before income taxes:7639(33)187(46)(83)(31)
Income tax expense (benefit)(33)(32)(13)(21)(5)(5)13
Net income (loss):438(46)165(50)(88)(18)
Other undisclosed net income (loss) attributable to parent (2) 2(49)  
Net income (loss) available to common stockholders, diluted:435(46)167(99)(88)(18)

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):438(46)165(50)(88)(18)
Other comprehensive income (loss) (7)(10)1(11)(59)3
Other undisclosed comprehensive loss(7)      
Comprehensive income (loss):351(56)166(61)(147)(15)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent2(27) (102)28  
Comprehensive income (loss), net of tax, attributable to parent:37(26)(56)65(33)(147)(15)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: