10-Q Filing

COHERENT CORP. CIK: 820318 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000820318-22-000027`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	iivi-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 28 Cash Flow Statement 89 Stockholders Equity 26 Comprehensive Income 9

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndRestrictedCashAtCarryingValue`	$2.58B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndRestrictedCashAtCarryingValue`	$898.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndRestrictedCashAtCarryingValue`	$1.56B	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $4,506 at September 30, 2022 and $4,206 at June 30, 2022	`AccountsReceivableNetCurrent`	$975.44M	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $4,506 at September 30, 2022 and $4,206 at June 30, 2022	`AccountsReceivableNetCurrent`	$700.33M	USD	Point-in-time
Inventories	`InventoryNet`	$1.35B	USD	Point-in-time
Inventories	`InventoryNet`	$902.56M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$19.59M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$23.20M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$150.55M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.21M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.51M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$100.35M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.31B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.39B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.36B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.80B	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill	`Goodwill`	$5.28B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$635.40M	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.98B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$31.71M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$28.45M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$223.58M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$334.26M	USD	Point-in-time
Total Assets	`Assets`	$7.84B	USD	Point-in-time
Total Assets	`Assets`	$13.83B	USD	Point-in-time
Common stock, no par value (in usd per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, no par value (in usd per share)	`CommonStockNoParValue`	-	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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	120.92M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	153.09M	shares	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$403.21M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$129.01M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$479.38M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	14.80M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$434.92M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	13.97M	shares	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$187.76M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$172.11M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$27.57M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$38.85M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$43.58M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$29.32M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$304.49M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$199.83M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.18B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.27B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.90B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.49B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$77.26M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$618.57M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$141.54M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$110.21M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$230.57M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$109.92M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.67B	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.46B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 and 75,000 shares at September 30, 2022 and June 30, 2022, respectively; redemption value - $2,225,658 and $798,181, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.15B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 and 75,000 shares at September 30, 2022 and June 30, 2022, respectively; redemption value - $2,225,658 and $798,181, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$766.80M	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; issued - 2,300,000 shares at September 30, 2022 and June 30, 2022	`PreferredStockValue`	$445.32M	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; issued - 2,300,000 shares at September 30, 2022 and June 30, 2022	`PreferredStockValue`	$445.32M	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 153,089,681 shares at September 30, 2022; 120,923,171 shares at June 30, 2022	`CommonStockValue`	$2.06B	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 153,089,681 shares at September 30, 2022; 120,923,171 shares at June 30, 2022	`CommonStockValue`	$3.67B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-101.43M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.17M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.35B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$5.29B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$3.86B	USD	Point-in-time
Treasury stock, at cost; 14,802,661 shares at September 30, 2022 and 13,972,758 shares at June 30, 2022	`TreasuryStockValue`	$280.21M	USD	Point-in-time
Treasury stock, at cost; 14,802,661 shares at September 30, 2022 and 13,972,758 shares at June 30, 2022	`TreasuryStockValue`	$239.35M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.01B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.62B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$13.83B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$7.84B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$795.11M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$901.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$488.49M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$121.08M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$88.97M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$280.01M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$122.61M	USD	1 Quarter
Interest expense	`InterestExpense`	$61.89M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.19M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$7.58M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-31.61M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$704.67M	USD	1 Quarter
Total Costs, Expenses, & Other Expense (Income)	`CostsAndExpenses`	$1.40B	USD	1 Quarter
Earnings (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$90.44M	USD	1 Quarter
Earnings (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-51.02M	USD	1 Quarter
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$15.98M	USD	1 Quarter
Income Tax Expense (Benefit)	`IncomeTaxExpenseBenefit`	$-12.32M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$74.46M	USD	1 Quarter
Net Earnings (Loss)	`ProfitLoss`	$-38.70M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$17.08M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$35.58M	USD	1 Quarter
Net Earnings (Loss) available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$57.38M	USD	1 Quarter
Net Earnings (Loss) available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-74.28M	USD	1 Quarter
Basic Earning (Loss)Per Share (in usd per share)	`EarningsPerShareBasic`	$0.54	USD	1 Quarter
Basic Earning (Loss)Per Share (in usd per share)	`EarningsPerShareBasic`	$-0.56	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$0.50	USD	1 Quarter
Diluted Earnings (Loss) Per Share (in usd per share)	`EarningsPerShareDiluted`	$-0.56	USD	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net earnings (loss)	`ProfitLoss`	$74.46M	USD	1 Quarter
Net earnings (loss)	`ProfitLoss`	$-38.70M	USD	1 Quarter
Depreciation	`Depreciation`	$49.30M	USD	1 Quarter
Depreciation	`Depreciation`	$64.67M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$82.62M	USD	1 Quarter
Amortization	`AmortizationOfIntangibleAssets`	$20.39M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$54.19M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$23.80M	USD	1 Quarter
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$4.47M	USD	1 Quarter
Amortization of discount on convertible debt and debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$2.23M	USD	1 Quarter
Unrealized gains on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$4.88M	USD	1 Quarter
Unrealized gains on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$22.27M	USD	1 Quarter
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$687.00K	USD	1 Quarter
Earnings from equity investments	`IncomeLossFromEquityMethodInvestments`	$613.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$10.67M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-14.48M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-6.83M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.33M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.82M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-7.51M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$56.26M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.25M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-42.87M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$10.79M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$44.42M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-8.63M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-6.83M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-56.27M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-44.91M	USD	1 Quarter
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$8.31M	USD	1 Quarter
Other operating net assets (liabilities)	`IncreaseDecreaseInOtherOperatingCapitalNet`	$11.33M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.34M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.58M	USD	1 Quarter
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$47.56M	USD	1 Quarter
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$138.99M	USD	1 Quarter
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.49B	USD	1 Quarter
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$711.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-47.56M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.63B	USD	1 Quarter
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	1 Quarter
Proceeds from Long-term Lines of Credit	`ProceedsFromLongTermLinesOfCredit`	$65.00M	USD	1 Quarter
Proceeds from issuance of Series B Preferred Shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Proceeds from issuance of Series B Preferred Shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.40B	USD	1 Quarter
Payments on convertible notes	`RepaymentsOfConvertibleDebt`	-	USD	1 Quarter
Payments on convertible notes	`RepaymentsOfConvertibleDebt`	$3.56M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$126.52M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	1 Quarter
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Equity issuance costs	`PaymentsOfStockIssuanceCosts`	$42.00M	USD	1 Quarter
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$7.48M	USD	1 Quarter
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$7.42M	USD	1 Quarter
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.02M	USD	1 Quarter
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$40.88M	USD	1 Quarter
Payment of dividends	`PaymentsOfOrdinaryDividends`	-	USD	1 Quarter
Payment of dividends	`PaymentsOfOrdinaryDividends`	$13.81M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.11M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-292.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.91B	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-35.97M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-42.27M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-522.00K	USD	1 Quarter
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.72M	USD	1 Quarter
Net decrease in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.68B	USD	1 Quarter
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.59B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$904.16M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.56B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.59B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$904.16M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.56B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$8.33M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$45.96M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$14.92M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaidNet`	$12.42M	USD	1 Quarter
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$38.40M	USD	1 Quarter
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$71.03M	USD	1 Quarter
Restricted cash	`RestrictedCash`	$22.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndRestrictedCashAtCarryingValue`	$2.58B	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndRestrictedCashAtCarryingValue`	$898.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashCashEquivalentsAndRestrictedCashAtCarryingValue`	$1.56B	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$5.66M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.59B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$904.16M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.56B	USD	Point-in-time
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.46B	USD	Point-in-time
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-20.57M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpenseBenefit`	$-17.63M	USD	1 Quarter
Coherent Acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.21B	USD	1 Quarter
Convertible debt conversions (in shares)	`StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities`	7.18M	shares	1 Quarter
Convertible debt conversions	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$337.94M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net Earnings	`NetIncomeLoss`	$-38.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-132.37M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.38M	USD	1 Quarter
Pension adjustment, net of taxes of $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Pension adjustment, net of taxes of $0	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-39.00K	USD	1 Quarter
Dividends	`Dividends`	$17.08M	USD	1 Quarter
Dividends	`Dividends`	$35.58M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.41B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.46B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.15B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$766.80M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.15B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$766.80M	USD	Point-in-time

Comprehensive Income 9 line items

Line Item	Tag	Value	Unit	Period
Net earnings (loss)	`NetIncomeLoss`	$74.46M	USD	1 Quarter
Net earnings (loss)	`NetIncomeLoss`	$-38.70M	USD	1 Quarter
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-132.37M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.38M	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	-	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-39.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$62.76M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-137.96M	USD	1 Quarter

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