Financial Statements

Lumentum Holdings Inc. (LITE)

$87.99

+2.21 (+2.58%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 65129166-83-
Net Income 397136-36248-103
Stock Dividends -241-200-0220
Dividend Paid ---1-1-1
Retained Earnings 22165129166-83

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 472433307274-
Annual Depreciation 42124292127412
Capital Expenditure -85-86-166-93-138
Net PPE 429472433307274

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1111369369
New Purchases -291-634-270-1,341-1,991
Intangible and Goodwill 1111369369369

Lumentum Holdings Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Lumentum Holdings Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.