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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities    
Net earnings $ 142,121 $ 134,166
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation 100,392 91,027
Amortization 40,327 40,859
Share-based compensation expense 40,709 38,018
Amortization of discount on convertible debt and debt issuance costs 4,557 10,376
Debt extinguishment costs 0 24,747
Unrealized losses (gains) on foreign currency remeasurements and transactions (1,880) 12,178
Earnings from equity investments (1,393) (1,817)
Deferred income taxes 3,218 8,518
Increase (decrease) in cash from changes in (net of effect of acquisitions):    
Accounts receivable 55,548 32,371
Inventories (123,748) (1,714)
Accounts payable 12,752 (23,262)
Income taxes 2,598 (12,013)
Accrued compensation and benefits (35,288) (13,965)
Other operating net assets (liabilities) 172 16,210
Net cash provided by operating activities 240,085 355,699
Cash Flows from Investing Activities    
Additions to property, plant & equipment (101,689) (79,329)
Purchases of businesses, net of cash acquired 0 (34,431)
Net cash used in investing activities (101,689) (113,760)
Cash Flows from Financing Activities    
Proceeds from issuance of common shares 0 460,000
Proceeds from issuance of Senior Notes 990,000 0
Payments on Finisar Notes (14,888) 0
Payments on borrowings under Revolving Credit Facility 0 (74,000)
Debt issuance costs (5,639) 0
Equity issuance costs 0 (36,092)
Proceeds from exercises of stock options and purchases of stock under employee stock purchase plan 8,370 22,355
Payments in satisfaction of employees' minimum tax obligations (13,823) (6,941)
Payment of dividends (20,708) (6,519)
Other financing activities (1,415) (366)
Net cash provided by financing activities 910,872 72,812
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 8,556 26,743
Net increase in cash, cash equivalents, and restricted cash 1,057,824 341,494
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 1,591,892 493,046
Cash, Cash Equivalents, and Restricted Cash at End of Period 2,649,716 834,540
Cash paid for interest 16,104 13,898
Cash paid for income taxes 22,933 24,227
Additions to property, plant & equipment included in accounts payable 64,098 10,497
Term A Loan    
Cash Flows from Financing Activities    
Payments on borrowings (31,025) (31,025)
Term B Loan    
Cash Flows from Financing Activities    
Payments on borrowings 0 (714,600)
Series A Preferred Stock    
Cash Flows from Financing Activities    
Proceeds from issuance of Series A preferred shares $ 0 $ 460,000