XML 56 R46.htm IDEA: XBRL DOCUMENT v3.22.4
Business Combinations - Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Millions
Aug. 03, 2022
Dec. 31, 2022
Jul. 02, 2022
Liabilities assumed      
Goodwill   $ 698.2 $ 368.9
NeoPhotonics      
Business Acquisition      
Total purchase price consideration $ 934.4    
Assets acquired      
Cash and cash equivalents 92.9    
Accounts receivable, net 66.5    
Inventories 84.3    
Prepayments and other current assets 24.2    
Property, plant and equipment, net 106.1    
Operating lease right-of-use assets, net 16.9    
Other intangible assets, net 412.5    
Deferred tax asset 0.1    
Other non-current assets 1.9    
Total assets 805.4    
Liabilities assumed      
Accounts payable 79.6    
Accrued payroll and related expenses 11.1    
Accrued expenses 4.1    
Other current liabilities 10.6    
Operating lease liabilities, current 2.8    
Operating lease liabilities, non-current 13.2    
Deferred tax liability 39.8    
Other non-current liabilities 28.2    
Total liabilities 189.4    
Goodwill 318.4    
NeoPhotonics | Customer relationships      
Assets acquired      
Other intangible assets, net 144.5    
NeoPhotonics | Acquired developed technologies      
Assets acquired      
Other intangible assets, net 220.0    
NeoPhotonics | In-process research and development      
Assets acquired      
Other intangible assets, net $ 48.0