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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities    
Net earnings (loss) $ (118,290) $ 79,489
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 101,755 55,616
Amortization 45,369 12,011
Share-based compensation expense 48,916 15,780
Amortization of discount on convertible debt and debt issuance costs 15,920 9,641
Debt extinguishment costs 3,960 0
Losses on foreign currency remeasurements and transactions 8,149 820
Earnings from equity investments (1,777) (2,778)
Deferred income taxes (32,698) (5,895)
Impairment of investment 4,980 0
Increase (decrease) in cash from changes in (net of effect of acquisitions):    
Accounts receivable 16,750 (30,936)
Inventories 95,598 (50,100)
Accounts payable (8,480) 14,706
Income taxes (11,178) (972)
Accrued compensation and benefits (12,330) (7,802)
Other operating net assets (liabilities) (36,152) 24,812
Net cash provided by operating activities 120,492 114,392
Cash Flows from Investing Activities    
Additions to property, plant & equipment (107,975) (108,170)
Purchases of businesses, net of cash acquired (1,036,609) (83,867)
Purchases of equity investments 0 (4,480)
Other investing activities (3,042) 118
Net cash used in investing activities (1,147,626) (196,399)
Cash Flows from Financing Activities    
Proceeds from borrowings of Revolving Credit Facility 160,000 0
Proceeds from borrowings under prior Credit Facility 10,000 150,000
Payments on Finisar Notes (560,112) 0
Payments on borrowings under prior Term Loan, Credit Facility and other loans (176,596) (90,000)
Payments on borrowings under Revolving Credit Facility (70,000) 0
Debt issuance costs (63,510) 0
Proceeds from exercises of stock options 5,056 7,507
Common stock repurchase (1,625) 0
Payments in satisfaction of employees' minimum tax obligations (15,680) (7,100)
Other financing activities (2,010) (3,540)
Net cash provided by financing activities 1,211,897 56,867
Effect of exchange rate changes on cash and cash equivalents (1,528) (688)
Net increase (decrease) in cash and cash equivalents 183,235 (25,828)
Cash and Cash Equivalents at Beginning of Period 204,872 247,038
Cash and Cash Equivalents at End of Period 388,107 221,210
Cash paid for interest 46,430 6,708
Cash paid for income taxes 34,144 20,340
Additions to property, plant & equipment included in accounts payable 16,254 4,552
Term A Loan    
Cash Flows from Financing Activities    
Proceeds from borrowings 1,241,000 0
Payments on borrowings (31,026) 0
Term B Loan    
Cash Flows from Financing Activities    
Proceeds from borrowings 720,000 0
Payments on borrowings $ (3,600) $ 0