| 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 | ||||||||||||||||||||||
114,300 | -3,400 | -36,200 | -36,400 | 22,900 | 99,900 | 288,400 | 248,100 | 159,700 | 101,000 | -92,000 | -102,500 | -33,300 | 15,100 | 6,100 | 9,300 | -20,800 | -1,000 | -7,900 | -3,400 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||
Depreciation expense | ||||||||||||||||||||||
116,000 | 117,500 | 114,800 | 102,900 | 95,400 | 84,800 | 77,000 | 74,000 | 68,400 | 64,100 | 59,000 | 54,200 | 51,400 | 48,600 | 47,600 | 47,400 | 46,000 | 45,600 | 44,300 | 43,000 | 0 | 0 | 0 |
Stock-based compensation | ||||||||||||||||||||||
70,300 | 67,100 | 66,600 | 60,700 | 58,200 | 53,200 | 48,300 | 46,800 | 43,100 | 40,100 | 34,300 | 32,700 | 29,100 | 29,300 | 26,600 | 24,900 | 24,400 | 21,300 | 19,300 | 18,200 | 0 | 0 | 0 |
Unrealized Gain (Loss) on Derivatives | ||||||||||||||||||||||
0 | 0 | 10,900 | 8,800 | 16,600 | -4,100 | -7,100 | -800 | -38,300 | -74,200 | -77,300 | -104,200 | -70,100 | -18,300 | -25,500 | -600 | 0 | 0 | 0 | - | - | - | - |
Loss on disposal of property, plant and equipment | ||||||||||||||||||||||
- | 0 | 0 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | -600 | -500 | 600 | 1,100 | 1,200 | 0 | 0 | 0 |
Amortization of acquired intangibles | ||||||||||||||||||||||
74,300 | 86,000 | 72,600 | 54,600 | 38,500 | 7,600 | 3,200 | 3,200 | 3,800 | 4,800 | 5,800 | 6,800 | 7,200 | 7,200 | 7,200 | 7,200 | 7,400 | 7,600 | 7,800 | 8,000 | 0 | 0 | 0 |
Amortization of Debt Discount (Premium) | ||||||||||||||||||||||
29,400 | 20,200 | 18,300 | 17,700 | 17,900 | 17,300 | 16,900 | 16,700 | 16,500 | 13,300 | 9,200 | 5,100 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Inventory | ||||||||||||||||||||||
44,600 | 57,600 | 56,800 | 54,600 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other non-cash income | ||||||||||||||||||||||
4,000 | 1,900 | 1,800 | 1,500 | 100 | -100 | -300 | -400 | -300 | -200 | -100 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||
-41,100 | 25,500 | -14,800 | -27,700 | 69,600 | -24,200 | 65,200 | 30,800 | -20,700 | 29,600 | 17,300 | -4,200 | 25,100 | 32,700 | -800 | 21,800 | 6,600 | 12,000 | 14,000 | 17,800 | 0 | 0 | 0 |
Inventories | ||||||||||||||||||||||
-74,900 | -84,400 | -48,800 | -40,600 | -5,200 | 5,000 | -9,600 | 7,700 | 26,600 | 23,800 | 40,700 | 41,700 | 7,500 | 13,500 | 700 | 3,100 | 12,600 | 14,900 | 13,200 | 6,200 | 0 | 0 | 0 |
Operating lease right-of-use assets, net | ||||||||||||||||||||||
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Prepayments and other current and non-currents assets | ||||||||||||||||||||||
-16,300 | -4,700 | 7,000 | 10,800 | 6,400 | 400 | -6,600 | -6,100 | -2,400 | 15,900 | 11,000 | 7,400 | 9,600 | 3,200 | 8,500 | 12,700 | 14,100 | 11,800 | 16,300 | 14,500 | 0 | 0 | 0 |
Income taxes, net | ||||||||||||||||||||||
-12,500 | 1,000 | 5,600 | 5,600 | 11,900 | 12,500 | -1,000 | 7,300 | -26,800 | -52,900 | -39,000 | -42,700 | -12,200 | 3,000 | 3,400 | 3,400 | 2,300 | -100 | -4,000 | -1,900 | 0 | 0 | 0 |
Accounts payable | ||||||||||||||||||||||
-41,600 | -45,800 | -27,800 | -10,600 | 36,400 | 28,300 | 10,700 | 4,800 | -14,600 | -23,800 | -4,500 | -16,900 | -22,000 | 10,600 | 6,400 | 28,900 | 34,200 | 16,200 | -2,800 | 1,000 | 0 | 0 | 0 |
Accrued payroll and related expenses | ||||||||||||||||||||||
9,900 | 12,900 | 1,400 | -100 | -3,100 | -10,400 | 5,200 | 3,900 | 2,100 | 4,100 | -1,900 | 1,000 | 4,000 | 5,200 | 6,100 | 9,200 | 13,400 | 8,900 | 5,200 | -1,000 | 0 | 0 | 0 |
Operating lease liabilities | ||||||||||||||||||||||
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Income taxes payable | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -3,000 | - | 500 | -10,000 | 3,900 | -10,800 | 0 | 0 | 0 |
Accrued expenses and other current and non-current liabilities | ||||||||||||||||||||||
-34,500 | 900 | 20,900 | 10,900 | 26,600 | -400 | 9,300 | 11,900 | 4,000 | 8,800 | 3,400 | 6,200 | 11,100 | 8,700 | -500 | -500 | 12,300 | -2,300 | -2,900 | -6,900 | 0 | 0 | 0 |
Net cash provided by operating activities | ||||||||||||||||||||||
529,300 | 420,300 | 360,400 | 330,100 | 240,000 | 292,300 | 295,000 | 247,500 | 223,000 | 144,300 | 58,400 | 85,000 | 85,000 | 89,100 | 112,300 | 86,600 | 86,600 | 46,400 | 19,600 | 9,400 | 0 | 0 | 0 |
Payments to Acquire Property, Plant, and Equipment | ||||||||||||||||||||||
150,400 | 159,500 | 158,100 | 166,000 | 100,800 | 96,900 | 89,800 | 93,200 | 111,000 | 124,000 | 142,200 | 138,100 | 118,600 | 110,600 | 97,000 | 82,000 | 81,800 | 64,700 | 53,800 | 53,700 | 0 | 0 | 0 |
Payment for asset acquisition | ||||||||||||||||||||||
4,000 | 3,600 | 1,600 | 1,300 | 1,300 | 700 | 700 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of short-term investments | ||||||||||||||||||||||
766,400 | 220,900 | 315,100 | 269,700 | 245,300 | 327,300 | 411,900 | 634,300 | 875,800 | 697,800 | 519,000 | 290,700 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from maturities and sales of short-term investments | ||||||||||||||||||||||
344,100 | 306,500 | 301,600 | 251,600 | 423,600 | 436,400 | 517,400 | 600,500 | 357,500 | 274,400 | 137,000 | 8,200 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||||||||||||||
-532,300 | -49,500 | -767,500 | -779,700 | -543,600 | -608,300 | 15,000 | -127,000 | -629,300 | -552,500 | -529,300 | -425,700 | -123,700 | -110,600 | -97,000 | -82,000 | -81,400 | -64,500 | -53,600 | -53,500 | 0 | 0 | 0 |
Net transfers from Viavi | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 134,200 | 141,000 | 163,000 | 164,500 | 40,600 | 0 | 0 | 0 |
Payment of dividends - Series A Preferred Stock | ||||||||||||||||||||||
0 | 0 | 300 | 700 | 700 | 1,200 | 900 | 700 | 1,000 | 700 | 900 | 900 | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - |
Payment of acquisition related holdback | ||||||||||||||||||||||
0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Payment of financing obligation related to acquisition | ||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,300 | 0 | 0 | 0 | - | - | - | - |
Proceeds from term loan, net of issuance costs | ||||||||||||||||||||||
0 | -200 | 491,700 | 490,800 | 490,800 | 491,000 | -900 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Principal payments on finance leases | ||||||||||||||||||||||
11,900 | 10,000 | 9,300 | 8,800 | 9,000 | 9,800 | 7,500 | 6,400 | 3,500 | 1,200 | 1,200 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from the exercise of stock options | ||||||||||||||||||||||
- | - | - | - | - | - | - | 1,700 | 1,900 | 2,300 | 2,600 | 3,400 | 3,300 | 4,500 | 4,300 | 1,900 | 0 | 0 | 0 | - | - | - | - |
Net cash provided by financing activities | ||||||||||||||||||||||
333,500 | 342,900 | 486,900 | 485,100 | 486,000 | 486,100 | -1,100 | 3,800 | 3,900 | 452,400 | 454,700 | 456,700 | 459,700 | 15,300 | 8,000 | 136,400 | 140,200 | 160,900 | 162,300 | 40,600 | 0 | 0 | 0 |
Effect of exchange rates on cash and cash equivalents | ||||||||||||||||||||||
- | - | - | - | - | - | - | 100 | 1,300 | 2,000 | 200 | -200 | -300 | 200 | 1,400 | 1,600 | 1,200 | -400 | -1,000 | -1,900 | 0 | 0 | 0 |
Increase (decrease) in cash, cash equivalents, and restricted cash | ||||||||||||||||||||||
330,500 | 713,700 | 79,600 | 35,300 | 181,500 | 169,200 | 308,600 | 124,400 | -401,100 | 46,200 | -16,000 | 115,800 | 420,700 | -6,000 | 24,700 | 142,600 | 146,600 | 142,400 | 127,300 | -5,400 | 0 | 0 | 0 |
Supplemental disclosure of cash flow information: | ||||||||||||||||||||||
Cash paid for taxes | ||||||||||||||||||||||
12,000 | 12,200 | 9,500 | 8,700 | 4,500 | 12,400 | 12,700 | 12,700 | 12,700 | 7,600 | 6,900 | 9,500 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Cash paid for interest | ||||||||||||||||||||||
17,100 | 24,600 | 19,300 | 15,100 | 8,800 | 1,400 | 1,300 | 1,300 | 1,200 | 600 | 600 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Supplemental disclosure of non-cash transactions: | ||||||||||||||||||||||
Unpaid property, plant and equipment in accounts payable and accrued expenses | ||||||||||||||||||||||
0 | 2,000 | 11,900 | 14,300 | 32,700 | 24,500 | 23,400 | 17,200 | 13,700 | 21,600 | 21,900 | 18,400 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Equipment acquired under capital lease | ||||||||||||||||||||||
- | - | - | - | - | - | - | 15,600 | 15,600 | 15,600 | 8,500 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |