10-Q Filing

COHERENT CORP. CIK: 820318 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0000820318-21-000004`
Period End Date	20201231
Filing Date	20210209
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	iivi-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 56 Cash Flow Statement 90 Stockholders Equity 53 Comprehensive Income 26

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.70M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.25M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$834.54M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$493.05M	USD	Point-in-time
Preferred stock, dividend rate, percentage	`PreferredStockDividendRatePercentage`	0.06	pure	2 Qtrs
Accounts receivable - less allowance for doubtful accounts of $1,248 at December 31, 2020 and $1,698 at June 30, 2020	`AccountsReceivableNetCurrent`	$598.12M	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $1,248 at December 31, 2020 and $1,698 at June 30, 2020	`AccountsReceivableNetCurrent`	$570.99M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Inventories	`InventoryNet`	$619.81M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	2.30M	shares	Point-in-time
Inventories	`InventoryNet`	$656.99M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$12.12M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$12.28M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$63.08M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$65.71M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	105.92M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.79B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.14B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	118.04M	shares	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.25B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.36M	shares	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.21B	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.49M	shares	Point-in-time
Goodwill	`Goodwill`	$1.24B	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$758.37M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$761.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$34.06M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$22.94M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$170.72M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$210.66M	USD	Point-in-time
Total Assets	`Assets`	$5.23B	USD	Point-in-time
Total Assets	`Assets`	$5.65B	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$69.25M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$62.05M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$250.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$268.77M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$157.56M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$143.59M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$25.00M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$24.63M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$33.34M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$42.55M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$140.54M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$119.34M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$672.89M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$664.47M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.41B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.19B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$45.55M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$64.31M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$108.59M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$94.70M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$158.67M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$163.58M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.41B	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.16B	USD	Point-in-time
Preferred stock, no par value, 6% cumulative; authorized - 5,000,000; issued - 2,300,000 shares at December 31, 2020	`PreferredStockValue`	$445.32M	USD	Point-in-time
Preferred stock, no par value, 6% cumulative; authorized - 5,000,000; issued - 2,300,000 shares at December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 118,043,133 shares at December 31, 2020; 105,916,068 shares at June 30, 2020	`CommonStockValue`	$1.99B	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 118,043,133 shares at December 31, 2020; 105,916,068 shares at June 30, 2020	`CommonStockValue`	$1.49B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-87.38M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$997.28M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$876.55M	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$2.28B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$3.44B	USD	Point-in-time
Treasury stock, at cost; 13,486,364 shares at December 31, 2020 and 13,356,447 shares at June 30, 2020	`TreasuryStockValue`	$206.13M	USD	Point-in-time
Treasury stock, at cost; 13,486,364 shares at December 31, 2020 and 13,356,447 shares at June 30, 2020	`TreasuryStockValue`	$199.31M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.65B	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$5.23B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$666.33M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.51B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$786.57M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$464.10M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$517.99M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$735.26M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$905.62M	USD	2 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$163.11M	USD	2 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$84.86M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$143.82M	USD	2 Qtrs
Internal research and development	`ResearchAndDevelopmentExpense`	$107.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$119.22M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$118.89M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$224.71M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$226.08M	USD	2 Qtrs
Interest expense	`InterestExpense`	$32.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$35.36M	USD	2 Qtrs
Interest expense	`InterestExpense`	$28.39M	USD	1 Quarter
Interest expense	`InterestExpense`	$15.59M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$3.15M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-5.57M	USD	2 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-21.19M	USD	2 Qtrs
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-487.00K	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$680.29M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$1.35B	USD	2 Qtrs
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$1.14B	USD	2 Qtrs
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$773.79M	USD	1 Quarter
Earnings (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$106.28M	USD	1 Quarter
Earnings (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$165.86M	USD	2 Qtrs
Earnings (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-137.98M	USD	2 Qtrs
Earnings (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-107.45M	USD	1 Quarter
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$31.69M	USD	2 Qtrs
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$-13.77M	USD	2 Qtrs
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$18.38M	USD	1 Quarter
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$-9.24M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-98.21M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$134.17M	USD	2 Qtrs
Net Earnings (Loss)	`ProfitLoss`	$87.90M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-124.21M	USD	2 Qtrs
Series A Mandatory Convertible Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$6.90M	USD	1 Quarter
Series A Mandatory Convertible Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$13.34M	USD	2 Qtrs
Series A Mandatory Convertible Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Series A Mandatory Convertible Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	2 Qtrs
Net Earnings (Loss) available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$81.00M	USD	1 Quarter
Net Earnings (Loss) available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$120.83M	USD	2 Qtrs
Net Earnings (Loss) available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-124.21M	USD	2 Qtrs
Net Earnings (Loss) available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-98.21M	USD	1 Quarter
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$0.78	USD	1 Quarter
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$1.17	USD	2 Qtrs
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$-1.58	USD	2 Qtrs
Basic Earning (Loss) Per Share (in usd per share)	`EarningsPerShareBasic`	$-1.08	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.73	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$1.12	USD	2 Qtrs
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$-1.58	USD	2 Qtrs
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$-1.08	USD	1 Quarter

Cash Flow Statement 90 line items

Line Item	Tag	Value	Unit	Period
Net earnings (loss)	`ProfitLoss`	$-98.21M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$134.17M	USD	2 Qtrs
Net earnings (loss)	`ProfitLoss`	$87.90M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$-124.21M	USD	2 Qtrs
Depreciation	`Depreciation`	$69.39M	USD	2 Qtrs
Depreciation	`Depreciation`	$91.03M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$39.71M	USD	2 Qtrs
Amortization	`AmortizationOfIntangibleAssets`	$40.86M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$34.38M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$38.02M	USD	2 Qtrs
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$10.38M	USD	2 Qtrs
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$9.64M	USD	2 Qtrs
Debt extinguishment costs	`DebtExtinguishmentCosts`	$24.75M	USD	2 Qtrs
Debt extinguishment costs	`DebtExtinguishmentCosts`	$3.96M	USD	2 Qtrs
Losses on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-4.58M	USD	2 Qtrs
Losses on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossBeforeTax`	$-12.18M	USD	2 Qtrs
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$1.82M	USD	2 Qtrs
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$918.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$8.52M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-42.08M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-32.37M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-31.24M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.71M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-78.06M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.26M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.96M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$8.93M	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-12.01M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-13.96M	USD	2 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-9.64M	USD	2 Qtrs
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$44.82M	USD	2 Qtrs
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-16.21M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$355.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$56.26M	USD	2 Qtrs
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$80.29M	USD	2 Qtrs
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$79.33M	USD	2 Qtrs
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$34.43M	USD	2 Qtrs
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.04B	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.10M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-113.76M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.12B	USD	2 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of common shares	`ProceedsFromIssuanceOfCommonStock`	$460.00M	USD	2 Qtrs
Proceeds from issuance of preferred shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from issuance of preferred shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$460.00M	USD	2 Qtrs
Proceeds from borrowings of Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from borrowings of Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$160.00M	USD	2 Qtrs
Proceeds from borrowings under prior Credit Facility	`ProceedsFromBorrowingsUnderPriorCreditFacility`	-	USD	2 Qtrs
Proceeds from borrowings under prior Credit Facility	`ProceedsFromBorrowingsUnderPriorCreditFacility`	$10.00M	USD	2 Qtrs
Payments on Finisar Notes	`RepaymentsOfAssumedDebt`	$560.11M	USD	2 Qtrs
Payments on Finisar Notes	`RepaymentsOfAssumedDebt`	-	USD	2 Qtrs
Payments on borrowings under prior Term Loan, Credit Facility and other loans	`PaymentsOnBorrowingsUnderPriorTermLoanCreditFacilityAndOtherLoans`	-	USD	2 Qtrs
Payments on borrowings under prior Term Loan, Credit Facility and other loans	`PaymentsOnBorrowingsUnderPriorTermLoanCreditFacilityAndOtherLoans`	$176.60M	USD	2 Qtrs
Payments on borrowings under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$74.00M	USD	2 Qtrs
Payments on borrowings under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$66.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$63.51M	USD	2 Qtrs
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	$36.09M	USD	2 Qtrs
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$3.08M	USD	2 Qtrs
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$22.36M	USD	2 Qtrs
Common stock repurchase	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Common stock repurchase	`PaymentsForRepurchaseOfCommonStock`	$1.63M	USD	2 Qtrs
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.03M	USD	2 Qtrs
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.94M	USD	2 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	-	USD	2 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	$6.52M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.84M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-366.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$72.81M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.23B	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.66M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$26.74M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$341.49M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$171.97M	USD	2 Qtrs
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$376.84M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$493.05M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$834.54M	USD	Point-in-time
Cash and Cash Equivalents at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$204.87M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$376.84M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$493.05M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$834.54M	USD	Point-in-time
Cash and Cash Equivalents at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$204.87M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$24.75M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$13.90M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$24.23M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$25.09M	USD	2 Qtrs
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$12.50M	USD	2 Qtrs
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$10.50M	USD	2 Qtrs

Stockholders Equity 53 line items

Line Item	Tag	Value	Unit	Period
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$782.00K	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$989.00K	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$989.00K	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$630.00K	USD	2 Qtrs
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-69.00K	USD	2 Qtrs
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-92.00K	USD	1 Quarter
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.13B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$3.24B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.08B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$3.05B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$2.07B	USD	Point-in-time
Stockholders' Equity Attributable to Parent	`StockholdersEquity`	$1.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$2.07B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.13B	USD	Point-in-time
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-55.60M	USD	2 Qtrs
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-6.39M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-42.22M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-53.48M	USD	2 Qtrs
Common Stock Repurchase (in shares)	`TreasuryStockSharesAcquired`	0.00	shares	1 Quarter
Common Stock Repurchase (in shares)	`TreasuryStockSharesAcquired`	1.42M	shares	26 Qtrs
Common Stock Repurchase	`TreasuryStockValueAcquiredCostMethod`	$1.62M	USD	1 Quarter
Common Stock Repurchase	`TreasuryStockValueAcquiredCostMethod`	$22.30M	USD	26 Qtrs
Common Stock Repurchase	`TreasuryStockValueAcquiredCostMethod`	$1.62M	USD	2 Qtrs
Shares issued in July 2020 underwritten public offering	`StockIssuedDuringPeriodValueNewIssues`	$883.91M	USD	2 Qtrs
Shares issued and related to Finisar acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$987.71M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$87.90M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-98.21M	USD	1 Quarter
Net (loss) earnings	`NetIncomeLoss`	$-124.21M	USD	2 Qtrs
Net (loss) earnings	`NetIncomeLoss`	$134.17M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.57M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$99.59M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.30M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.61M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.61M	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.85M	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$167.00K	USD	2 Qtrs
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	2 Qtrs
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$251.00K	USD	1 Quarter
Dividends	`DividendsStock`	$13.44M	USD	2 Qtrs
Dividends	`DividendsStock`	$6.90M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.24B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.08B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$3.05B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$2.07B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.13B	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$782.00K	USD	1 Quarter
Net earnings (loss)	`NetIncomeLoss`	$87.90M	USD	1 Quarter
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$989.00K	USD	1 Quarter
Net earnings (loss)	`NetIncomeLoss`	$-98.21M	USD	1 Quarter
Net earnings (loss)	`NetIncomeLoss`	$-124.21M	USD	2 Qtrs
Net earnings (loss)	`NetIncomeLoss`	$134.17M	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$989.00K	USD	2 Qtrs
Change in fair value of interest rate swap, taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$630.00K	USD	2 Qtrs
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-69.00K	USD	2 Qtrs
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-92.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.57M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$64.07M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.59M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$99.59M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes of $782 and $630 for the three and six months ended December 31, 2020, respectively, and $989 for both the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.30M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes of $782 and $630 for the three and six months ended December 31, 2020, respectively, and $989 for both the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.61M	USD	2 Qtrs
Change in fair value of interest rate swap, net of taxes of $782 and $630 for the three and six months ended December 31, 2020, respectively, and $989 for both the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.61M	USD	1 Quarter
Change in fair value of interest rate swap, net of taxes of $782 and $630 for the three and six months ended December 31, 2020, respectively, and $989 for both the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.85M	USD	1 Quarter
Pension adjustment, net of taxes of ($92) and ($69) for the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$167.00K	USD	2 Qtrs
Pension adjustment, net of taxes of ($92) and ($69) for the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	1 Quarter
Pension adjustment, net of taxes of ($92) and ($69) for the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	2 Qtrs
Pension adjustment, net of taxes of ($92) and ($69) for the three and six months ended December 31, 2019	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$251.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-109.20M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$154.82M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-70.27M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$236.06M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.