10-Q Filing

COHERENT CORP. CIK: 820318 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0000820318-23-000029`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	iivi-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 30 Cash Flow Statement 94 Stockholders Equity 43 Comprehensive Income 10

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsAtCarryingValueAndRestrictedCashAndCashEquivalentsCurrent`	$898.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsAtCarryingValueAndRestrictedCashAndCashEquivalentsCurrent`	$833.33M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsAtCarryingValueAndRestrictedCashAndCashEquivalentsCurrent`	$941.08M	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $7,598 at September 30, 2023 and $8,005 at June 30, 2023	`AccountsReceivableNetCurrent`	$901.53M	USD	Point-in-time
Accounts receivable - less allowance for doubtful accounts of $7,598 at September 30, 2023 and $8,005 at June 30, 2023	`AccountsReceivableNetCurrent`	$795.73M	USD	Point-in-time
Inventories	`InventoryNet`	$1.28B	USD	Point-in-time
Inventories	`InventoryNet`	$1.27B	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$28.27M	USD	Point-in-time
Prepaid and refundable income taxes	`PrepaidTaxes`	$19.75M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$206.42M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$7.60M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$216.53M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.01M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.24B	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$3.25B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.78B	USD	Point-in-time
Property, plant & equipment, net	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$1.78B	USD	Point-in-time
Goodwill	`Goodwill`	$4.51B	USD	Point-in-time
Goodwill	`Goodwill`	$4.46B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.81B	USD	Point-in-time
Other intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.70B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$37.75M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$39.04M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$307.42M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$311.97M	USD	Point-in-time
Total Assets	`Assets`	$13.52B	USD	Point-in-time
Total Assets	`Assets`	$13.71B	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`	154.72M	shares	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$74.73M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$74.84M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	166.76M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$449.13M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	15.14M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$405.31M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	15.50M	shares	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$183.05M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$175.56M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$38.27M	USD	Point-in-time
Operating lease current liabilities	`OperatingLeaseLiabilityCurrent`	$37.20M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$74.49M	USD	Point-in-time
Accrued income taxes payable	`AccruedIncomeTaxesCurrent`	$58.23M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$280.79M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$310.28M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.08B	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.08B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.22B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.23B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$742.51M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$780.31M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$136.56M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$140.75M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$236.15M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$247.40M	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.42B	USD	Point-in-time
Total Liabilities	`Liabilities`	$6.48B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at September 30, 2023 and June 30, 2023; redemption value - $2,338,840 and $2,309,966, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$766.80M	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at September 30, 2023 and June 30, 2023; redemption value - $2,338,840 and $2,309,966, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.24B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at September 30, 2023 and June 30, 2023; redemption value - $2,338,840 and $2,309,966, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.15B	USD	Point-in-time
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at September 30, 2023 and June 30, 2023; redemption value - $2,338,840 and $2,309,966, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$2.27B	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at September 30, 2023 and June 30, 2023, respectively	`PreferredStockValue`	-	USD	Point-in-time
Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at September 30, 2023 and June 30, 2023, respectively	`PreferredStockValue`	$445.32M	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 166,764,680 shares at September 30, 2023; 154,719,413 shares at June 30, 2023	`CommonStockValue`	$4.29B	USD	Point-in-time
Common stock, no par value; authorized - 300,000,000 shares; issued - 166,764,680 shares at September 30, 2023; 154,719,413 shares at June 30, 2023	`CommonStockValue`	$3.78B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$5.05M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$109.73M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$944.42M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$846.71M	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$5.28B	USD	Point-in-time
Shareholders' equity excluding treasury stock	`ShareholdersEquityExcludingTreasuryStock`	$5.14B	USD	Point-in-time
Treasury stock, at cost; 15,501,849 shares at September 30, 2023 and 15,135,711 shares at June 30, 2023	`TreasuryStockValue`	$293.12M	USD	Point-in-time
Treasury stock, at cost; 15,501,849 shares at September 30, 2023 and 15,135,711 shares at June 30, 2023	`TreasuryStockValue`	$307.05M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.83B	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.99B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$13.52B	USD	Point-in-time
Total Liabilities, Mezzanine Equity and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$13.71B	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.05B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$901.00M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$746.19M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$121.08M	USD	1 Quarter
Internal research and development	`ResearchAndDevelopmentExpense`	$113.49M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$211.70M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$280.01M	USD	1 Quarter
Restructuring charges	`RestructuringCosts`	$3.02M	USD	1 Quarter
Restructuring charges	`RestructuringCosts`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$73.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$61.89M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$6.27M	USD	1 Quarter
Other expense (income), net	`OtherOperatingIncomeExpenseNet`	$-31.61M	USD	1 Quarter
Total Costs, Expenses, & Other Expense	`CostsAndExpenses`	$1.40B	USD	1 Quarter
Total Costs, Expenses, & Other Expense	`CostsAndExpenses`	$1.14B	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-51.02M	USD	1 Quarter
Loss Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-88.30M	USD	1 Quarter
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-12.32M	USD	1 Quarter
Income Tax Benefit	`IncomeTaxExpenseBenefit`	$-20.76M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-67.53M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-38.70M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$30.17M	USD	1 Quarter
Less: Dividends on Preferred Stock	`PreferredStockDividendsIncomeStatementImpact`	$35.58M	USD	1 Quarter
Net Loss available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-97.71M	USD	1 Quarter
Net Loss available to the Common Shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-74.28M	USD	1 Quarter
Basic Loss Per Share (in usd per share)	`EarningsPerShareBasic`	$-0.56	USD	1 Quarter
Basic Loss Per Share (in usd per share)	`EarningsPerShareBasic`	$-0.65	USD	1 Quarter
Diluted Loss Per Share (in usd per share)	`EarningsPerShareDiluted`	$-0.65	USD	1 Quarter
Diluted Loss Per Share (in usd per share)	`EarningsPerShareDiluted`	$-0.56	USD	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-67.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.70M	USD	1 Quarter
Depreciation	`Depreciation`	$64.67M	USD	1 Quarter
Depreciation	`Depreciation`	$65.70M	USD	1 Quarter
Amortization	`OtherAmortizationOfDeferredCharges`	$72.66M	USD	1 Quarter
Amortization	`OtherAmortizationOfDeferredCharges`	$82.62M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$54.19M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$45.96M	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`	$3.57M	USD	1 Quarter
Non-cash restructuring charges	`RestructuringCharges`	-	USD	1 Quarter
Non-cash restructuring charges	`RestructuringCharges`	$319.00K	USD	1 Quarter
Gains on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$101.00K	USD	1 Quarter
Gains on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Unrealized gains on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$22.27M	USD	1 Quarter
Unrealized gains on foreign currency remeasurements and transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$14.46M	USD	1 Quarter
Loss (earnings) from equity investments	`IncomeLossFromEquityMethodInvestments`	$-243.00K	USD	1 Quarter
Loss (earnings) from equity investments	`IncomeLossFromEquityMethodInvestments`	$613.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-14.48M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-39.63M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-6.83M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-116.30M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.33M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-7.51M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$16.71M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$41.98M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-42.87M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-9.77M	USD	1 Quarter
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$44.42M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-2.81M	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-8.63M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$7.48M	USD	1 Quarter
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-44.91M	USD	1 Quarter
Other operating net liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.40M	USD	1 Quarter
Other operating net liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$11.33M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$79.58M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$198.80M	USD	1 Quarter
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$62.20M	USD	1 Quarter
Additions to property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$138.99M	USD	1 Quarter
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Purchases of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.49B	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$711.00K	USD	1 Quarter
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.98M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-64.17M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.63B	USD	1 Quarter
Proceeds from borrowings of Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$65.00M	USD	1 Quarter
Proceeds from borrowings of Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	1 Quarter
Payments on existing debt	`RepaymentsOfSeniorDebt`	$996.43M	USD	1 Quarter
Payments on existing debt	`RepaymentsOfSeniorDebt`	$18.68M	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`	-	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$126.52M	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`	$7.42M	USD	1 Quarter
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$14.95M	USD	1 Quarter
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$40.88M	USD	1 Quarter
Payments in satisfaction of employees' minimum tax obligations	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.88M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-268.00K	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`	$-17.88M	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`	$-9.46M	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.68B	USD	1 Quarter
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$107.29M	USD	1 Quarter
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.86M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$837.57M	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 Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$904.16M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.86M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$837.57M	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.58B	USD	Point-in-time
Cash, Cash Equivalents, and Restricted Cash at End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$904.16M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$67.32M	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`	$14.81M	USD	1 Quarter
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$39.26M	USD	1 Quarter
Additions to property, plant & equipment included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$71.03M	USD	1 Quarter
Conversion of Series A preferred stock to common stock	`ConversionOfStockAmountConverted1`	-	USD	1 Quarter
Conversion of Series A preferred stock to common stock	`ConversionOfStockAmountConverted1`	$445.32M	USD	1 Quarter
Restricted cash	`RestrictedCash`	$10.00M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsAtCarryingValueAndRestrictedCashAndCashEquivalentsCurrent`	$898.50M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsAtCarryingValueAndRestrictedCashAndCashEquivalentsCurrent`	$833.33M	USD	Point-in-time
Cash, cash equivalents, and restricted cash	`CashAndCashEquivalentsAtCarryingValueAndRestrictedCashAndCashEquivalentsCurrent`	$941.08M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$3.77M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashAndCashEquivalentsNoncurrent`	$5.66M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$944.86M	USD	Point-in-time
Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$837.57M	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
Total cash, cash equivalents, and restricted cash shown in the Condensed Consolidated Statements of Cash Flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$904.16M	USD	Point-in-time

Stockholders Equity 43 line items

Line Item	Tag	Value	Unit	Period
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$4.99B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$5.01B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$4.83B	USD	Point-in-time
Beginning balance, Treasury Stock, (in shares)	`TreasuryStockCommonShares`	15.14M	shares	Point-in-time
Beginning balance, Treasury Stock, (in shares)	`TreasuryStockCommonShares`	15.50M	shares	Point-in-time
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensation`	$-20.57M	USD	1 Quarter
Share-based and deferred compensation activities	`DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensation`	$-46.82M	USD	1 Quarter
Coherent Acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$1.21B	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-67.53M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-38.70M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-107.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-132.37M	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-291.00K	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-39.00K	USD	1 Quarter
Dividends	`Dividends`	$30.17M	USD	1 Quarter
Dividends	`Dividends`	$35.58M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$4.99B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$5.01B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$3.62B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$4.83B	USD	Point-in-time
Ending balance, Treasury Stock (in shares)	`TreasuryStockCommonShares`	15.14M	shares	Point-in-time
Ending balance, Treasury Stock (in shares)	`TreasuryStockCommonShares`	15.50M	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	75,000.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	215,000.00	shares	Point-in-time
Beginning balance (in shares)	`TemporaryEquitySharesOutstanding`	215,000.00	shares	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$766.80M	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.24B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.15B	USD	Point-in-time
Beginning balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.27B	USD	Point-in-time
Issuance of Series B shares (in shares)	`TemporaryEquityStockIssuedDuringPeriodSharesNewIssues`	140,000.00	shares	1 Quarter
Issuance of Series B shares	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$1.36B	USD	1 Quarter
Dividends	`TemporaryEquityAccretionOfDividends`	$30.17M	USD	1 Quarter
Dividends	`TemporaryEquityAccretionOfDividends`	$28.68M	USD	1 Quarter
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	75,000.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	215,000.00	shares	Point-in-time
Ending balance (in shares)	`TemporaryEquitySharesOutstanding`	215,000.00	shares	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$766.80M	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.24B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.15B	USD	Point-in-time
Ending balance	`TemporaryEquityCarryingAmountAttributableToParent`	$2.27B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-67.53M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-38.70M	USD	1 Quarter
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Pension adjustment tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-107.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-132.37M	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-291.00K	USD	1 Quarter
Pension adjustment, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-39.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-172.21M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-137.96M	USD	1 Quarter

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