| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jul'17 | Mar'17 | Dec'16 | Sep'16 | Jul'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | ||||||||||||||||||||||
Net Income (Loss) Attributable to Parent | ||||||||||||||||||||||
43,400 | 49,100 | 47,600 | -25,800 | -74,300 | 16,300 | 47,400 | 33,500 | 2,700 | 204,800 | 7,100 | -54,900 | -56,000 | 11,800 | -3,400 | 14,300 | -7,600 | 2,800 | -200 | -15,800 | 12,200 | -4,100 | 4,300 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||
Depreciation expense | ||||||||||||||||||||||
27,500 | 28,700 | 31,600 | 28,200 | 29,000 | 26,000 | 19,700 | 20,700 | 18,400 | 18,200 | 16,700 | 15,100 | 14,100 | 13,100 | 11,900 | 12,300 | 11,300 | 12,100 | 11,700 | 10,900 | 10,900 | 10,800 | 10,400 |
Stock-based compensation | ||||||||||||||||||||||
19,200 | 20,200 | 16,700 | 14,200 | 16,000 | 19,700 | 10,800 | 11,700 | 11,000 | 14,800 | 9,300 | 8,000 | 8,000 | 9,000 | 7,700 | 4,400 | 8,200 | 6,300 | 6,000 | 3,900 | 5,100 | 4,300 | 4,900 |
Unrealized Gain (Loss) on Derivatives | ||||||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 10,900 | -2,100 | 7,800 | -20,700 | 7,900 | 4,200 | -29,700 | -56,600 | 4,800 | -22,700 | 4,400 | -4,800 | -2,400 | 2,200 | - | - | - | - |
Loss on disposal of property, plant and equipment | ||||||||||||||||||||||
- | -2,900 | -1,800 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | 0 | -100 | -300 | -200 | 100 | 1,000 | 200 | -100 |
Amortization of acquired intangibles | ||||||||||||||||||||||
20,000 | 18,600 | 18,800 | 16,900 | 31,700 | 5,200 | 800 | 800 | 800 | 800 | 800 | 1,400 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | 1,800 | 2,000 | 2,000 | 2,000 | 2,000 |
Amortization of Debt Discount (Premium) | ||||||||||||||||||||||
14,000 | 6,400 | 4,900 | 4,100 | 4,800 | 4,500 | 4,300 | 4,300 | 4,200 | 4,100 | 4,100 | 4,100 | 1,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Inventory | ||||||||||||||||||||||
1,500 | 2,100 | 2,200 | 38,800 | 14,500 | 1,300 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other non-cash income | ||||||||||||||||||||||
2,200 | 200 | 300 | 1,300 | 100 | 100 | 0 | -100 | -100 | -100 | -100 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||
-30,200 | -800 | 54,800 | -64,900 | 36,400 | -41,100 | 41,900 | 32,400 | -57,400 | 48,300 | 7,500 | -19,100 | -7,100 | 36,000 | -14,000 | 10,200 | 500 | 2,500 | 8,600 | -5,000 | 5,900 | 4,500 | 12,400 |
Inventories | ||||||||||||||||||||||
-4,000 | -20,800 | -23,500 | -26,600 | -13,500 | 14,800 | -15,300 | 8,800 | -3,300 | 200 | 2,000 | 27,700 | -6,100 | 17,100 | 3,000 | -6,500 | -100 | 4,300 | 5,400 | 3,000 | 2,200 | 2,600 | -1,600 |
Operating lease right-of-use assets, net | ||||||||||||||||||||||
3,000 | 3,300 | 3,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Prepayments and other current and non-currents assets | ||||||||||||||||||||||
-11,700 | -6,300 | 1,500 | 200 | -100 | 5,400 | 5,300 | -4,200 | -6,100 | -1,600 | 5,800 | -500 | 12,200 | -6,500 | 2,200 | 1,700 | 5,800 | -1,200 | 6,400 | 3,100 | 3,500 | 3,300 | 4,600 |
Income taxes, net | ||||||||||||||||||||||
-2,600 | -5,600 | -4,800 | 500 | 10,900 | -1,000 | -4,800 | 6,800 | 11,500 | -14,500 | 3,500 | -27,300 | -14,600 | -600 | -200 | 3,200 | 600 | -200 | -200 | 2,100 | -1,800 | -4,100 | 1,900 |
Accounts payable | ||||||||||||||||||||||
3,400 | -5,600 | -13,100 | -26,300 | -800 | 12,400 | 4,100 | 20,700 | -8,900 | -5,200 | -1,800 | 1,300 | -18,100 | 14,100 | -14,200 | -3,800 | 14,500 | 9,900 | 8,300 | 1,500 | -3,500 | -9,100 | 12,100 |
Accrued payroll and related expenses | ||||||||||||||||||||||
-2,800 | 11,000 | 400 | 1,300 | 200 | -500 | -1,100 | -1,700 | -7,100 | 15,100 | -2,400 | -3,500 | -5,100 | 9,100 | 500 | -500 | -3,900 | 10,000 | 3,600 | 3,700 | -8,400 | 6,300 | -2,600 |
Operating lease liabilities | ||||||||||||||||||||||
3,500 | 2,300 | 4,600 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income taxes payable | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -1,300 | - | -2,100 | 500 | 0 | 2,100 | -12,600 | 14,400 | -14,700 |
Accrued expenses and other current and non-current liabilities | ||||||||||||||||||||||
-10,600 | -13,400 | 6,200 | -16,700 | 24,800 | 6,600 | -3,800 | -1,000 | -2,200 | 16,300 | -1,200 | -8,900 | 2,600 | 10,900 | 1,600 | -4,000 | 200 | 1,700 | 1,600 | 8,800 | -14,400 | 1,100 | -2,400 |
Net cash provided by operating activities | ||||||||||||||||||||||
151,800 | 162,300 | 87,500 | 127,700 | 42,800 | 102,400 | 57,200 | 37,600 | 95,100 | 105,100 | 9,700 | 13,100 | 16,400 | 19,200 | 36,300 | 13,100 | 20,500 | 42,400 | 10,600 | 13,100 | -19,700 | 15,600 | 400 |
Payments to Acquire Property, Plant, and Equipment | ||||||||||||||||||||||
17,500 | 25,700 | 21,700 | 85,500 | 26,600 | 24,300 | 29,600 | 20,300 | 22,700 | 17,200 | 33,000 | 38,100 | 35,700 | 35,400 | 28,900 | 18,600 | 27,700 | 21,800 | 13,900 | 18,400 | 10,600 | 10,900 | 13,800 |
Payment for asset acquisition | ||||||||||||||||||||||
1,000 | 2,000 | 1,000 | 0 | 600 | 0 | 700 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of short-term investments | ||||||||||||||||||||||
641,500 | 0 | 51,300 | 73,600 | 96,000 | 94,200 | 5,900 | 49,200 | 178,000 | 178,800 | 228,300 | 290,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from maturities and sales of short-term investments | ||||||||||||||||||||||
107,900 | 61,300 | 95,700 | 79,200 | 70,300 | 56,400 | 45,700 | 251,200 | 83,100 | 137,400 | 128,800 | 8,200 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||
-535,700 | 36,100 | 21,700 | -54,400 | -52,900 | -681,900 | 9,500 | 181,700 | -117,600 | -58,600 | -132,500 | -320,600 | -40,800 | -35,400 | -28,900 | -18,600 | -27,700 | -21,800 | -13,900 | -18,000 | -10,800 | -10,900 | -13,800 |
Net transfers from Viavi | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | 0 | -700 | 132,900 | 8,800 | 22,000 | 800 | 9,000 |
Payment of dividends - Series A Preferred Stock | ||||||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 300 | 400 | 0 | 500 | 0 | 200 | 300 | 200 | 200 | 200 | - | - | - | 0 | - | - | - | - |
Payment of acquisition related holdback | ||||||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Payment of financing obligation related to acquisition | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,300 | - | - | - | - |
Proceeds from term loan, net of issuance costs | ||||||||||||||||||||||
0 | 0 | 0 | 0 | -200 | 491,900 | -900 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Principal payments on finance leases | ||||||||||||||||||||||
3,400 | 3,000 | 2,800 | 2,700 | 1,500 | 2,300 | 2,300 | 2,900 | 2,300 | 0 | 1,200 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from the exercise of stock options | ||||||||||||||||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 | 1,700 | 200 | 400 | 300 | 2,500 | 100 | 1,600 | 100 | 100 | - | - | - | - |
Net cash provided by financing activities | ||||||||||||||||||||||
-12,300 | 347,600 | -2,800 | 1,000 | -2,900 | 491,600 | -4,600 | 1,900 | -2,800 | 4,400 | 300 | 2,000 | 445,700 | 6,700 | 2,300 | 5,000 | 1,300 | -600 | 130,700 | 8,800 | 22,000 | 800 | 9,000 |
Effect of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | -700 | 0 | 400 | 400 | 500 | 700 | -1,400 | 0 | 400 | 1,200 | -200 | 200 | 0 | -400 | -800 | -700 |
Increase (decrease) in cash, cash equivalents, and restricted cash | ||||||||||||||||||||||
-396,200 | 546,000 | 106,400 | 74,300 | -13,000 | -88,100 | 62,100 | 220,500 | -25,300 | 51,300 | -122,100 | -305,000 | 422,000 | -10,900 | 9,700 | -100 | -4,700 | 19,800 | 127,600 | 3,900 | -8,900 | 4,700 | -5,100 |
Supplemental disclosure of cash flow information: | ||||||||||||||||||||||
Cash paid for taxes | ||||||||||||||||||||||
2,700 | 2,800 | 1,100 | 5,400 | 2,900 | 100 | 300 | 1,200 | 10,800 | 400 | 300 | 1,200 | 5,700 | -300 | 2,900 | - | - | - | - | - | - | - | - |
Cash paid for interest | ||||||||||||||||||||||
500 | 5,400 | 4,800 | 6,400 | 8,000 | 100 | 600 | 100 | 600 | 0 | 600 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Supplemental disclosure of non-cash transactions: | ||||||||||||||||||||||
Unpaid property, plant and equipment in accounts payable and accrued expenses | ||||||||||||||||||||||
2,300 | -7,000 | 16,400 | -11,700 | 4,300 | 2,900 | 18,800 | 6,700 | -3,900 | 1,800 | 12,600 | 3,200 | 4,000 | 2,100 | 9,100 | - | - | - | - | - | - | - | - |
Equipment acquired under capital lease | ||||||||||||||||||||||
- | - | - | - | - | - | - | 0 | 0 | 7,100 | 8,500 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |