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Tables in the 10-Q of Lumentum Holdings Inc.
51 tables with numbers, filed May 4, 2022. Each one downloads as a CSV for Excel or
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Table 1 after “es of common stock outstanding.”
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| TABLE OF CONTENTS | | | |
| Page | | |
| PART I - FINANCIAL INFORMATION | | | |
| Item 1. | Financial Statements (Unaudited) | |
| | Condensed Consolidated Statements of Operations for the Three and Nine Months Ended April 2, 2022 and April 3, 2021 | 2 |
| | Condensed Consolidated Statements of Comprehensive Income for the Three and Nine Months Ended April 2, 2022 and April 3, 2021 | 3 |
| | Condensed Consolidated Balance Sheets as of April 2, 2022 and July 3, 2021 | 4 |
| | Condensed Consolidated Statements of Stockholders’ Equity for the Three and Nine Months Ended April 2, 2022 and July 3, 2021 | 5 |
First 8 of 19 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Net revenue | $395.4 | | $419.5 | | $1,290.5 | $1,350.7 |
| Cost of sales | 212.6 | | 218.7 | | 636.3 | 684.6 |
| Amortization of acquired developed intangibles | 15.6 | | 15.8 | | 47.3 | 45.8 |
| Gross profit | 167.2 | | 185.0 | | 606.9 | 620.3 |
| Operating expenses: | | | | | | |
| Research and development | 56.7 | | 57.2 | | 164.0 | 160.4 |
First 8 of 24 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Net income | $26.0 | | $225.5 | | $164.2 | $375.8 |
| Other comprehensive loss, net of tax: | | | | | | |
| Net change in unrealized gain (loss) on available-for-sale securities | (6.9) | | (0.3) | | (8.9) | (2.2) |
| Net change in defined benefit obligations | (0.5) | | — | | (0.5) | — |
| Other comprehensive loss, net of tax | (7.4) | | (0.3) | | (9.4) | (2.2) |
| Comprehensive income, net of tax | $18.6 | | $225.2 | | $154.8 | $373.6 |
| April 2, 2022 | July 3, 2021 | |
| ASSETS | | | |
| Current assets: | | | |
| Cash and cash equivalents | $1,130.3 | | $774.3 |
| Short-term investments | 1,433.8 | | 1,171.7 |
| Accounts receivable, net | 242.2 | | 212.8 |
| Inventories | 224.0 | | 196.4 |
| Prepayments and other current assets | 70.3 | | 81.6 |
First 8 of 38 rows. The CSV has all of them.
| Common Stock | Additional Paid-In Capital | Retained Earnings (Accumulated) Deficit | | Accumulated Other Comprehensive Income (Loss) | | | | Total Stockholders' Equity | | | | | | | |
| | Shares | Amount | | | | | | | | | | | | | |
| Balance as of July 3, 2021 | | 73.0 | | $0.1 | | | $1,743.6 | | | $220.9 | | $8.2 | | | | $1,972.8 |
| Net income | | — | | — | | | — | | | 81.5 | | — | | | | 81.5 |
| Other comprehensive income | | — | | — | | | — | | | — | | 0.3 | | | | 0.3 |
| Issuance of shares in connection with vesting of restricted stock units and performance stock units | | 0.6 | | — | | | — | | | — | | — | | | | — |
| Withholding taxes related to net share settlement of restricted stock units | | (0.2) | | — | | | (16.6) | | | — | | — | | | | (16.6) |
| Repurchases of common stock | | (1.1) | | | | | | (91.7) | | | | | | (91.7) | | |
First 8 of 26 rows. The CSV has all of them.
| Common Stock | Additional Paid-In Capital | | | Accumulated Other Comprehensive Income | | | Total Stockholders' Equity | | | | | |
| | Shares | Amount | | | Retained Earnings | | | | | | | |
| Balance as of June 27, 2020 | | 75.1 | | $0.1 | | | $1,676.6 | | $64.6 | | $7.9 | | $1,749.2 |
| Net income | | — | | — | | | — | | 67.1 | | — | | 67.1 |
| Other comprehensive loss | | — | | — | | | — | | — | | (1.5) | | (1.5) |
| Issuance of shares in connection with vesting of restricted stock units and performance stock units | | 0.6 | | — | | | — | | — | | — | | — |
| Withholding taxes related to net share settlement of restricted stock units | | (0.2) | | — | | | (19.1) | | — | | — | | (19.1) |
| Exercise of stock options | | — | | — | | | 0.1 | | — | | — | | 0.1 |
First 8 of 24 rows. The CSV has all of them.
| Nine Months Ended | | | |
| April 2, 2022 | April 3, 2021 | | |
| OPERATING ACTIVITIES: | | | | |
| Net income | $164.2 | | $375.8 | |
| Adjustments to reconcile net income to net cash provided by operating activities: | | | | |
| Depreciation expense | 61.2 | | 70.4 | |
| Stock-based compensation | 75.4 | | 68.7 | |
| Gain on sale of product lines | — | | (0.5) | |
First 8 of 45 rows. The CSV has all of them.
| Cash paid for interest | 3.8 | 3.8 |
| Supplemental disclosure of non-cash transactions: | | |
| Unpaid property, plant and equipment in accounts payable and accrued expenses | 6.2 | 6.7 |
| Repurchase of common stock pending settlement | 2.1 | — |
| Issuance costs in current liabilities | 0.7 | — |
| Right-of-use assets obtained in exchange for new operating lease liabilities | 13.7 | 1.4 |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Numerator: | | | | | | |
| Net income - basic and diluted | $26.0 | | $225.5 | | $164.2 | $375.8 |
| Denominator: | | | | | | |
| Weighted average common shares outstanding - basic | 71.0 | | 75.8 | | 72.0 | 75.6 |
| Effect of dilutive securities from stock-based benefit plans | 0.7 | | 0.8 | | 0.6 | 0.8 |
| Shares issuable assuming conversion of the 2024 Notes | 2.8 | | 2.6 | | 2.5 | 2.2 |
First 8 of 12 rows. The CSV has all of them.
| Amortized Cost | Gross Unrealized Gains | | Gross Unrealized Losses | Fair Value | |
| April 2, 2022: | | | | | | |
| Cash | $149.4 | | $— | | $— | $149.4 |
| Cash equivalents: | | | | | | |
| Commercial paper | 291.9 | | — | | — | 291.9 |
| Corporate debt securities | 10.2 | | — | | — | 10.2 |
| Money market funds | 178.4 | | — | | — | 178.4 |
| U.S. Treasury securities | 500.4 | | — | | — | 500.4 |
First 8 of 32 rows. The CSV has all of them.
| Fair Value | Unrealized Losses | |
| April 2, 2022: | | | |
| U.S. Agency securities | $64.0 | | (1.2) |
| Certificates of deposit | 11.3 | | — |
| Commercial paper | 253.3 | | (0.1) |
| Corporate debt securities | 639.3 | | (6.6) |
| Municipal bonds | 1.0 | | — |
| U.S. government bonds | 566.3 | | (3.5) |
First 8 of 17 rows. The CSV has all of them.
| April 2, 2022 | July 3, 2021 | | | | |
| Amortized Cost | Fair Value | | Amortized Cost | Fair Value | |
| Due in 1 year | $1,044.6 | | $1,039.1 | | $587.0 | $587.1 |
| Due in 1 year through 5 years | 400.5 | | 394.7 | | 584.8 | 584.6 |
| $1,445.1 | | $1,433.8 | | $1,171.8 | $1,171.7 |
| Level 1 | Level 2 | | Level 3 | Total | |
| April 2, 2022: (1) | | | | | | |
| Assets: | | | | | | |
| Cash equivalents: | | | | | | |
| Commercial paper | $— | | $291.9 | | $— | $291.9 |
| Corporate debt securities | — | | 10.2 | | — | 10.2 |
| Money market funds | 178.4 | | — | | — | 178.4 |
| U.S. Treasury securities | 500.4 | | — | | — | 500.4 |
First 8 of 16 rows. The CSV has all of them.
| Level 1 | Level 2 | | Level 3 | Total | |
| July 3, 2021: (1) | | | | | | |
| Assets: | | | | | | |
| Cash equivalents: | | | | | | |
| Commercial paper | $— | | $7.5 | | $— | $7.5 |
| Corporate debt securities | — | | 7.0 | | — | 7.0 |
| Money market funds | 631.5 | | — | | — | 631.5 |
| Short-term investments: | | | | | | |
First 8 of 15 rows. The CSV has all of them.
| April 2, 2022 | July 3, 2021 | | | | |
| Carrying Amount | Estimated Fair Value | | Carrying Amount | Estimated Fair Value | |
| 2028 Notes | $626.8 | | $831.3 | | $— | $— |
| 2026 Notes | 820.8 | | 1,208.0 | | 789.8 | 1,146.1 |
| 2024 Notes | 406.1 | | 728.4 | | 390.7 | 669.3 |
| $1,853.7 | | $2,767.7 | | $1,180.5 | $1,815.4 |
| April 2, 2022 | July 3, 2021 | |
| Raw materials and purchased parts | $78.0 | | $64.4 |
| Work in process | 99.8 | | 79.0 |
| Finished goods | 46.2 | | 53.0 |
| Inventories | $224.0 | | $196.4 |
| April 2, 2022 | July 3, 2021 | |
| Operating lease right-of-use assets | $101.0 | | $87.3 |
| Less: accumulated amortization | (26.7) | | (19.9) |
| Operating lease right-of-use assets, net | $74.3 | | $67.4 |
| April 2, 2022 | July 3, 2021 | |
| Land | $49.4 | | $38.2 |
| Buildings and improvement | 98.9 | | 92.7 |
| Machinery and equipment | 535.8 | | 498.3 |
| Computer equipment and software | 31.0 | | 28.6 |
| Furniture and fixtures | 8.8 | | 8.8 |
| Leasehold improvements | 35.4 | | 33.9 |
| Finance lease right-of-use assets | — | | 28.1 |
First 8 of 12 rows. The CSV has all of them.
| April 2, 2022 | July 3, 2021 | |
| Restructuring accrual and related charges (1) | $0.1 | | $5.7 |
| Warranty accrual (2) | 9.1 | | 5.0 |
| Deferred revenue and customer deposits | — | | 0.6 |
| Income tax payable (3) | 17.1 | | 43.5 |
| Other current liabilities | 5.3 | | 3.0 |
| Other current liabilities | $31.6 | | $57.8 |
| April 2, 2022 | July 3, 2021 | |
| Asset retirement obligations | $4.7 | | $4.7 |
| Pension and related accrual (1) | 11.2 | | 10.8 |
| Unrecognized tax benefit | 26.4 | | 23.0 |
| Other non-current liabilities | 0.5 | | 2.4 |
| Other non-current liabilities | $42.8 | | $40.9 |
Table 21 after “The components of lease costs, lease term and discount rate are as follows:”
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| Three Months Ended | Nine Months Ended | | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | | |
| (in millions, except for weighted average data) | | | | | | | |
| Finance lease cost | $— | | $0.1 | | $— | | $0.4 |
| Operating lease cost | 3.3 | | 3.4 | | 10.0 | | 10.6 |
| Variable lease cost | 0.3 | | 0.5 | | 1.1 | | 1.5 |
| Short-term lease cost | 0.2 | | 0.6 | | 0.4 | | 1.9 |
| Sublease income | (0.8) | | (0.7) | | (2.4) | | (2.1) |
First 8 of 14 rows. The CSV has all of them.
| Fiscal Years | Operating Leases (1) |
| Remainder of 2022 | $3.5 |
| 2023 | 13.4 |
| 2024 | 12.8 |
| 2025 | 9.4 |
| 2026 | 7.9 |
| Thereafter | 25.2 |
| Total minimum lease payments | $72.2 |
First 8 of 10 rows. The CSV has all of them.
| Optical Communications | Commercial Lasers | | Total | |
| Balance as of April 2, 2022 and July 3, 2021 | $363.5 | | $5.4 | | $368.9 |
| April 2, 2022 | Gross Carrying Amounts | Accumulated Amortization | | Net Carrying Amounts | Weighted average remaining amortization period (years) | |
| Acquired developed technologies | $390.3 | | $(287.5) | | $102.8 | 2.5 |
| Customer relationships | 145.0 | | (70.9) | | 74.1 | 4.7 |
| Order backlog | 22.0 | | (22.0) | | — | — |
| Other intangibles | 2.7 | | (2.7) | | — | — |
| Total intangible assets | $560.0 | | $(383.1) | | $176.9 | |
| July 3, 2021 | Gross Carrying Amounts | Accumulated Amortization | | Net Carrying Amounts | Weighted average remaining amortization period (years) | |
| Acquired developed technologies | $390.3 | | $(238.6) | | $151.7 | 3.0 |
| Customer relationships | 145.0 | | (55.5) | | 89.5 | 5.4 |
| Order backlog | 22.0 | | (22.0) | | — | — |
| Other intangibles | 2.7 | | (2.7) | | — | — |
| Total intangible assets | $560.0 | | $(318.8) | | $241.2 | |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Cost of sales | $15.6 | | $15.8 | | $47.3 | $45.8 |
| Selling, general and administrative | 5.8 | | 6.2 | | 17.0 | 17.8 |
| Total amortization of intangibles | $21.4 | | $22.0 | | $64.3 | $63.6 |
| Fiscal Years | |
| Remainder of 2022 | $21.2 |
| 2023 | 61.9 |
| 2024 | 40.5 |
| 2025 | 27.7 |
| 2026 | 18.1 |
| Thereafter | 7.5 |
| Total future amortization | $176.9 |
| Liability component: | April 2, 2022 | July 3, 2021 | | | | | | |
| 2024 Notes (1) | 2026 Notes (2) | | 2028 Notes (3) | 2024 Notes | 2026 Notes | | |
| Principal | $450.0 | | $1,050.0 | | $861.0 | | $450.0 | $1,050.0 |
| Unamortized debt discount and issuance costs | (43.9) | | (229.2) | | (234.2) | | (59.3) | (260.2) |
| Net carrying amount of the liability component | $406.1 | | $820.8 | | $626.8 | | $390.7 | $789.8 |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Contractual interest expense | $1.9 | | $1.6 | | $5.1 | $4.8 |
| Amortization of the debt discount and debt issuance costs | 17.8 | | 14.8 | | 48.6 | 43.9 |
| Total interest expense | $19.7 | | $16.4 | | $53.7 | $48.7 |
| Fiscal Years | 2024 Notes | 2026 Notes | | 2028 Notes | Total | |
| Remainder of 2022 | $1.8 | | $2.7 | | $1.2 | $5.7 |
| 2023 | 1.1 | | 5.3 | | 4.3 | 10.7 |
| 2024 | 449.4 | | 5.3 | | 4.3 | 459.0 |
| 2025 | — | | 5.3 | | 4.3 | 9.6 |
| 2026 | — | | 5.3 | | 4.3 | 9.6 |
| Thereafter | — | | 1,052.4 | | 869.6 | 1,922.0 |
| Total convertible notes payments | $452.3 | | $1,076.3 | | $888.0 | $2,416.6 |
| Foreign currency translation adjustments, net of tax (1) | Defined benefit obligations, net of tax (2) | | Unrealized gain (loss) on available-for-sale securities, net of tax | | Total | |
| Beginning balance as of July 3, 2021 | $9.7 | | $(1.4) | | $(0.1) | | $8.2 |
| Other comprehensive income | — | | — | | 0.3 | | 0.3 |
| Ending balance as of October 2, 2021 | 9.7 | | (1.4) | | 0.2 | | 8.5 |
| Other comprehensive loss | — | | — | | (2.3) | | (2.3) |
| Ending balance as of January 1, 2022 | 9.7 | | (1.4) | | (2.1) | | 6.2 |
| Other comprehensive loss | — | | (0.5) | | (6.9) | | (7.4) |
| Ending balance as of April 2, 2022 | $9.7 | | $(1.9) | | $(9.0) | | $(1.2) |
First 8 of 16 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Balance as of beginning of period | $0.3 | | $4.6 | | $5.7 | $5.2 |
| Charges (reversals), net | (0.1) | | 2.9 | | (1.1) | 3.1 |
| Payments | (0.1) | | (3.3) | | (4.5) | (4.1) |
| Balance as of end of period | $0.1 | | $4.2 | | $0.1 | $4.2 |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Cost of sales | $5.4 | | $5.3 | | $15.2 | $13.8 |
| Research and development | 5.4 | | 5.3 | | 15.8 | 14.8 |
| Selling, general and administrative | 12.5 | | 14.5 | | 44.4 | 40.1 |
| Total stock-based compensation | $23.3 | | $25.1 | | $75.4 | $68.7 |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Income tax benefit associated with stock-based compensation | $2.7 | | $3.4 | | $10.9 | $12.2 |
| Restricted Stock Units | Performance Stock Units | | | | | |
| | Number of Shares | Weighted-Average Grant Date Fair Value per Share | | Number of Shares | Weighted-Average Grant Date Fair Value per Share | |
| Balance as of July 3, 2021 | | 1.8 | | $76.02 | | 0.3 | $75.68 |
| Granted | | 1.4 | | 87.92 | | 0.2 | 85.72 |
| Vested | | (0.9) | | 73.71 | | (0.1) | 76.43 |
| Canceled | | (0.2) | | 78.65 | | — | 58.65 |
| Balance as of April 2, 2022 | | 2.1 | | $84.70 | | 0.4 | $81.27 |
| Awards Available for Grant |
| Balance as of July 3, 2021 | 2.3 |
| Authorized | 3.0 |
| Granted | (1.6) |
| Canceled | 0.2 |
| Balance as of April 2, 2022 | 3.9 |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Balance as of beginning of period | $8.6 | | $5.7 | | $5.0 | $5.0 |
| Provision for warranty | 1.5 | | 1.7 | | 7.0 | 5.8 |
| Utilization of reserve | (1.0) | | (1.8) | | (2.9) | (5.2) |
| Balance as of end of period | $9.1 | | $5.6 | | $9.1 | $5.6 |
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Net revenue: | | | | | | |
| OpComms | $344.2 | | $387.9 | | $1,147.6 | $1,265.5 |
| Lasers | 51.2 | | 31.6 | | 142.9 | 85.2 |
| Net revenue | $395.4 | | $419.5 | | $1,290.5 | $1,350.7 |
| Gross profit: | | | | | | |
| OpComms | $168.5 | | $194.3 | | $596.2 | $660.9 |
First 8 of 16 rows. The CSV has all of them.
Table 39 after “(in millions, except percentage data):”
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| Three Months Ended | Nine Months Ended | | | | | | | | | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | | April 3, 2021 | | | | | | | | |
| Amount | % of Total | | Amount | | % of Total | Amount | | % of Total | Amount | % of Total | | | |
| Net revenue: | | | | | | | | | | | | | | |
| Americas: | | | | | | | | | | | | | | |
| United States | $36.3 | | 9.2% | | | $38.2 | | 9.1% | | $115.4 | | 8.9% | $98.2 | 7.3% |
| Mexico | 42.3 | | 10.7 | | | 16.3 | | 3.9 | | 113.6 | | 8.8 | 107.4 | 8.0 |
| Other Americas | 3.0 | | 0.7 | | | 3.7 | | 0.9 | | 7.7 | | 0.6 | 10.5 | 0.7 |
First 8 of 18 rows. The CSV has all of them.
| April 2, 2022 | July 3, 2021 | |
| Property, plant and equipment, net | | | |
| United States | $111.1 | | $116.7 |
| Thailand | 100.9 | | 103.9 |
| China | 35.8 | | 41.3 |
| Japan | 36.9 | | 36.4 |
| Other countries | 71.7 | | 62.8 |
| Total property, plant and equipment, net | $356.4 | | $361.1 |
| Three Months Ended | Nine Months Ended | | | | | | | | | |
| April 2, 2022 | April 3, 2021 | April 2, 2022 | | April 3, 2021 | | | | | | |
| OpComms: | | | | | | | | | | | |
| Telecom and Datacom | $243.5 | 61.6% | | $255.8 | | 61.0% | | $726.6 | 56.3% | $803.3 | 59.5% |
| Industrial and Consumer | 100.7 | 25.5 | | 132.1 | | 31.5% | | 421.0 | 32.6 | 462.2 | 34.2% |
| Total OpComms | $344.2 | 87.1% | | $387.9 | | 92.5% | | $1,147.6 | 88.9% | $1,265.5 | 93.7% |
| Lasers | 51.2 | 12.9% | | 31.6 | | 7.5% | | 142.9 | 11.1 | 85.2 | 6.3 |
| Net Revenue | $395.4 | | $419.5 | | | | $1,290.5 | | $1,350.7 | | |
| Contract balances | Balance sheet location | April 2, 2022 | July 3, 2021 | | Change | Percentage Change | |
| Accounts receivable, net | Accounts receivable, net | $242.2 | | $212.8 | | $29.4 | 13.8% |
| Deferred revenue and customer deposits | Other current liabilities | $— | | $0.6 | | $(0.6) | (100.0)% |
Table 43 after “The results of operations for the periods presented are not necessarily indicative of results to be expected for future periods. The followi”
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| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Segment net revenue: | | | | | | |
| OpComms | 87.1% | | 92.5% | | 88.9% | 93.7% |
| Lasers | 12.9 | | 7.5 | | 11.1 | 6.3 |
| Net revenue | 100.0 | | 100.0 | | 100.0 | 100.0 |
| Cost of sales | 53.8 | | 52.1 | | 49.3 | 50.7 |
| Amortization of acquired developed intangibles | 3.9 | | 3.8 | | 3.7 | 3.4 |
First 8 of 21 rows. The CSV has all of them.
| Three Months Ended | | | | Nine Months Ended | | | | | | | | | | | | |
| April 2, 2022 | April 3, 2021 | | Change | Percentage Change | April 2, 2022 | | April 3, 2021 | | Change | | Percentage Change | | | | | |
| Segment net revenue: | | | | | | | | | | | | | | | | | |
| OpComms | $344.2 | | $387.9 | | $(43.7) | | (11.3)% | | | $1,147.6 | | | $1,265.5 | | $(117.9) | | (9.3)% |
| Lasers | 51.2 | | 31.6 | | 19.6 | | 62.0 | | | 142.9 | | | 85.2 | | 57.7 | | 67.7 |
| Net revenue | $395.4 | | $419.5 | | $(24.1) | | (5.7)% | | | $1,290.5 | | | $1,350.7 | | $(60.2) | | (4.5)% |
| Gross profit | $167.2 | | $185.0 | | $(17.8) | | (9.6)% | | | $606.9 | | | $620.3 | | $(13.4) | | (2.2)% |
| Gross margin | 42.3% | | 44.1% | | | | | 47.0% | | | 45.9% | | | | | | |
First 8 of 16 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | | | | | | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | | April 3, 2021 | | | | | | | | |
| Amount | % of Total | | Amount | | % of Total | Amount | | % of Total | Amount | % of Total | | | |
| Americas: | | | | | | | | | | | | | | |
| United States | $36.3 | | 9.2% | | | $38.2 | | 9.1% | | $115.4 | | 8.9% | $98.2 | 7.3% |
| Mexico | 42.3 | | 10.7 | | | 16.3 | | 3.9 | | 113.6 | | 8.8 | 107.4 | 8.0 |
| Other Americas | 3.0 | | 0.7 | | | 3.7 | | 0.9 | | 7.7 | | 0.6 | 10.5 | 0.7 |
| Total Americas | $81.6 | | 20.6% | | | $58.2 | | 13.9% | | $236.7 | | 18.3% | $216.1 | 16.0% |
First 8 of 17 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | | | | | | | | | |
| Gross Profit | Gross Margin | | Gross Profit | Gross Margin | | | | | | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | April 2, 2022 | | April 3, 2021 | April 2, 2022 | | April 3, 2021 | | | |
| OpComms | $168.5 | | $194.3 | | 49.0% | | 50.1% | | $596.2 | | | $660.9 | 52.0% | 52.2% |
| Lasers | 27.1 | | 14.9 | | 52.9% | | 47.2% | | 74.1 | | | 39.4 | 51.9% | 46.2% |
| Segment total | $195.6 | | $209.2 | | 49.5% | | 49.9% | | $670.3 | | | $700.3 | 51.9% | 51.8% |
| Unallocated corporate items: | | | | | | | | | | | | | | |
| Stock-based compensation | (5.4) | | (5.3) | | | | | (15.2) | | (13.8) | | | | |
First 8 of 12 rows. The CSV has all of them.
| Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Foreign exchange gains (losses), net | $1.1 | | $1.3 | | $1.7 | $(3.8) |
| Interest and investment income | 1.1 | | 1.0 | | 2.3 | 4.9 |
| Other income (expense), net | — | | 0.1 | | (0.2) | 1.0 |
| Total other income (expense), net | $2.2 | | $2.4 | | $3.8 | $2.1 |
| (in millions) | Three Months Ended | Nine Months Ended | | | | |
| April 2, 2022 | April 3, 2021 | | April 2, 2022 | April 3, 2021 | |
| Provision for income taxes | $3.3 | | $27.4 | | $33.8 | $58.8 |
| Payments due by period | | | | | | | |
| Total | Less than 1 year | | 1 - 3 years | 3 - 5 years | More than 5 years | | |
| Contractual Obligations | | | | | | | | |
| Asset retirement obligations | $4.7 | | $0.5 | | $0.9 | | $1.2 | $2.1 |
| Operating lease liabilities, including imputed interest (1) | 72.2 | | 13.8 | | 23.2 | | 14.8 | 20.4 |
| Pension plan contributions (2) | 0.5 | | 0.5 | | — | | — | — |
| Purchase obligations (3) | 345.6 | | 313.6 | | 32.0 | | — | — |
| Convertible notes - principal (4) | 2,361.0 | | 1.8 | | 448.2 | | 1,050.0 | 861.0 |
First 8 of 10 rows. The CSV has all of them.
| Period | Total number of shares purchased (1) (2) | Average price paid per share (3) | | Total number of shares purchased as part of publicly announced plans or programs (2) | Maximum number (or approximation dollar value) of shares that may yet be purchased under the plans or programs | |
| January 2, 2022 to January 29, 2022 | — | | $— | | — | $337.4 |
| January 30, 2022 to February 26, 2022 | 1,032,469 | | $96.38 | | 1,032,469 | $237.9 |
| February 27, 2022 to April 2, 2022 (2) | 2,281,663 | | $98.35 | | 2,281,663 | $513.5 |
| Total | 3,314,132 | | $97.74 | | 3,314,132 | $513.5 |
Table 51 after “The following exhibits are filed herewith or are incorporated by reference to exhibits previously filed with the Securities and Exchange Com”
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| | Incorporated by Reference | | | Filed |
| Exhibit No. | Exhibit Description | Form | Exhibit | Filing Date | Herewith |
| 4.1 | Indenture dated March 8, 2022, between Lumentum Holdings Inc. and U.S. Bank Trust Company, National Association | 8-K | 4.1 | 3/8/2022 | |
| 4.2 | Form of 0.50% Convertible Senior Note due 2028 | 8-K | 4.2 | 3/8/2022 | |
| 10.1 | Purchase Agreement, dated as of March 3, 2022, between Lumentum Holdings Inc. and Goldman Sachs & Co. LLC and BofA Securities, Inc. | 8-K | 10.1 | 3/8/2022 | |
| 31.1 | Certification of the Chief Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | | | | X |
| 31.2 | Certification of the Chief Financial Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | | | | X |
| 32.1† | Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. | | | | X |
First 8 of 11 rows. The CSV has all of them.