XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.23.1

Acquired Developed Technology and Other Intangibles | 9 Months Ended
--- | ---
Apr. 01, 2023
Acquired Developed Technology and Other Intangibles |
Acquired Developed Technology and Other Intangibles | Note 10. Acquired Developed Technology and Other Intangibles The following tables present details of the Company’s acquired developed technology, customer relationships and other intangibles (in millions):
As of April 1, 2023 |  |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Acquired developed technology (1) |  |  | $ | 445.8 |  |  | $ | (394.2) |  |  | $ | 51.6 |
Customer relationships |  |  | 193.7 |  |  | (183.0) |  |  | 10.7 |
Other (2) |  |  | 39.2 |  |  | (37.5) |  |  | 1.7 |
Total intangibles |  |  | $ | 678.7 |  |  | $ | (614.7) |  |  | $ | 64.0 |
As of July 2, 2022 |  |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Acquired developed technology |  |  | $ | 416.6 |  |  | $ | (375.8) |  |  | $ | 40.8 |
Customer relationships |  |  | 189.7 |  |  | (177.8) |  |  | 11.9 |
Other (2) |  |  | 36.0 |  |  | (34.5) |  |  | 1.5 |
Total intangibles |  |  | $ | 642.3 |  |  | $ | (588.1) |  |  | $ | 54.2 |
(1) During the third quarter of fiscal 2023, we identified impairment indicators for a developed technology monitoring intangible, resulting in a $0.6 million non-cash impairment charge. This charge has been recorded within SG&A in the Consolidated Statements of Operations. (2) Other intangibles consist of customer backlog, non-competition agreements, patents, proprietary know-how and trade secrets, trademarks and trade names. The following table presents the amortization recorded relating to acquired developed technology, customer relationships and other intangibles (in millions):
| Three Months Ended |  | Nine Months Ended
| April 1, 2023 |  | April 2, 2022 |  | April 1, 2023 |  | April 2, 2022
Cost of revenues | $ | 5.9 |  |  | $ | 7.4 |  |  | $ | 18.7 |  |  | $ | 22.7 |
Operating expenses | 2.1 |  |  | 2.2 |  |  | 6.5 |  |  | 7.5 |
Total amortization of intangible assets | $ | 8.0 |  |  | $ | 9.6 |  |  | $ | 25.2 |  |  | $ | 30.2 |
Based on the carrying amount of acquired developed technology, customer relationships and other intangibles as of April 1, 2023, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):
Fiscal Years |
Remainder of 2023 | $ | 8.0 |
2024 | 19.7 |
2025 | 15.3 |
2026 | 10.8 |
2027 | 7.0 |
Thereafter | 3.2 |
Total amortization | $ | 64.0 |
The acquired developed technology, customer relationships and other intangible balances are adjusted quarterly to record the effect of currency translation adjustments.

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | viav_AcquiredDevelopedTechnologyAndOtherIntangiblesDisclosureAbstract
Namespace Prefix: | viav_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration