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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash Flows from Operating Activities    
Net earnings (loss) $ 215,258 $ (118,290)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 138,300 101,755
Amortization 61,570 45,369
Share-based compensation expense 54,417 48,916
Amortization of discount on convertible debt and debt issuance costs 15,512 15,920
Debt extinguishment costs 24,747 3,960
Losses on foreign currency remeasurements and transactions 4,260 8,149
Earnings from equity investments (2,011) (1,777)
Deferred income taxes (2,959) (32,698)
Equity Method Investment, Other than Temporary Impairment 0 4,980
Increase (decrease) in cash from changes in (net of effect of acquisitions):    
Accounts receivable (8,454) 16,750
Inventories (27,155) 95,598
Accounts payable (2,320) (8,480)
Income taxes (7,592) (11,178)
Accrued compensation and benefits (16,030) (12,330)
Other operating net assets (liabilities) (691) (36,152)
Net cash provided by operating activities 446,852 120,492
Cash Flows from Investing Activities    
Additions to property, plant & equipment (105,331) (107,975)
Purchases of businesses, net of cash acquired (34,431) (1,036,609)
Other investing activities (1,057) (3,042)
Net cash used in investing activities (140,819) (1,147,626)
Cash Flows from Financing Activities    
Proceeds from issuance of common shares 460,000 0
Proceeds from borrowings of Revolving Credit Facility 0 160,000
Proceeds from borrowings under prior Credit Facility 0 10,000
Payments on Finisar Notes 0 (560,112)
Payments on borrowings under prior Term Loan, Credit Facility and other loans 0 (176,596)
Payments on borrowings under Revolving Credit Facility (74,000) (70,000)
Debt issuance costs 0 (63,510)
Equity issuance costs (58,596) 0
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan 31,562 5,056
Common stock repurchase 0 (1,625)
Payments in satisfaction of employees' minimum tax obligations (8,253) (15,680)
Payment of dividends (13,419) 0
Other financing activities (1,967) (2,010)
Net cash provided by financing activities 709,189 1,211,897
Effect of exchange rate changes on cash and cash equivalents 27,042 (1,528)
Net increase in cash and cash equivalents 1,042,264 183,235
Cash and Cash Equivalents at Beginning of Period 493,046 204,872
Cash and Cash Equivalents at End of Period 1,535,310 388,107
Cash paid for interest 17,963 46,430
Cash paid for income taxes 53,696 34,144
Additions to property, plant & equipment included in accounts payable 21,650 16,254
Series A Preferred Stock    
Cash Flows from Financing Activities    
Proceeds from issuance of Series A and Series B preferred shares 460,000 0
Series B Preferred Stock    
Cash Flows from Financing Activities    
Proceeds from issuance of Series A and Series B preferred shares 750,000 0
Term A Loan    
Cash Flows from Financing Activities    
Proceeds from borrowings 0 1,241,000
Payments on borrowings (121,538) (31,026)
Term B Loan    
Cash Flows from Financing Activities    
Proceeds from borrowings 0 720,000
Payments on borrowings (714,600) $ (3,600)
Cash paid for interest $ 600