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4 Inventories
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4 Inventories
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FINISAR CORP10Q
09/07/2017Finisar Corporation
Delaware
943038428'(State or other jurisdiction of(I.R.S. Employer&incorporation or organization)Identification No.)
1389 Moffett Park DriveSunnyvale, California~
&0((Address of principal executive offices)
(Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0sgC
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4 Inventories
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FINISAR CORP10Q
09/07/2017+#For the Quarter Ended July 30, 2017
Page$PART I FINANCIAL INFORMATION&
Item 1. Financial Statements :
%Condensed Consolidated Balance Sheets~
.&as of July 30, 2017 and April 30, 2017,$Condensed Consolidated Statements of~
.&Operations for the three month periods%ended July 30, 2017 and July 31, 2016,$Condensed Consolidated Statements of~
1)Comprehensive Income (Loss) for the three2*month periods ended July 30, 2017 and July31, 2016,$Condensed Consolidated Statements of~
4,Cash Flows for the three month periods ended'July 30, 2017 and July 31, 20161)Notes to Condensed Consolidated Financial~
"
Statements4,Item 2. Management's Discussion and Analysis~
>80of Financial Condition and Results of Operations7/Item 3. Quantitative and Qualitative Disclosure~
NAbout Market RiskDl{ocW?'b0Q\1V !"#$%&'()*+,' Item 4. Controls and Procedures~
N!!PART II OTHER INFORMATION~
!R!"Item 1. Legal Proceedings~
"R#Item 1A. Risk Factors~
#R$Item 6. Exhibits~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??Finisar Corporation !For the Quarter Ended July 30 2Income StatementIncome Statement (1)
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FINISAR CORP10Q
09/07/2017
Balance Sheet
July 30, 2017
April 30, 2017(Unaudited)ASSETS
Current assets:
!Cash and cash equivalents~
~
Shortterm investments~
::~
N;%Accounts receivable, net of allowance~
r~
/'for doubtful accounts of $1,229 at July+#30, 2017 and $756 at April 30, 2017Inventories~
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9Other current assets~
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t%Property, equipment and improvements,~
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'<''~
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/.'Common stock, $0.001 par value, 750,000~
...~
../%shares authorized, 113,853 shares and0%111,519 shares issued and outstanding911at July 30, 2017 and April 30, 2017, respectively"2Additional paidin capital~
2:ت22~
222.3&Accumulated other comprehensive (loss)~
3M33~
3w34income5Accumulated deficit~
5.55~
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6rVb66~
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4 Inventories
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FINISAR CORP10Q
09/07/2017Income Statement
Three Months Ended
July 30, 2017
July 31, 2016
Revenues
~
~
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FINISAR CORP10Q
09/07/2017Income Statement
Three Months Ended
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09/07/2017
Cash Flows
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July 31, 2016Operating activities
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~
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FINISAR CORP10Q
09/07/20173. Earnings per Share
Three Months Ended0((in thousands, except per share amounts)
July 30, 2017
July 31, 2016
Numerator:
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N6
~
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FINISAR CORP10Q
09/07/20173. Earnings per Share
Three Months Ended(in thousands)
July 30, 2017
July 31, 20160(Stock options and restricted stock units~
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FINISAR CORP10Q
09/07/20174. Inventories 
%Inventories consist of the following:
As of(in thousands)
July 30, 2017April 30, 2017
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09/07/20175. Investments
July 30, 2017
April 30, 2017Gross Unrealized
Gross Unrealized(in thousands)Amortized Cost
Gains
Losses
Fair ValueAmortized Cost
GainsLosses
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FINISAR CORP10Q
09/07/2017/'0.50% Convertible Senior Notes Due 2036
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FINISAR CORP10Q
09/07/2017/'0.50% Convertible Senior Notes Due 2036
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July 30, 2017
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FINISAR CORP10Q
09/07/2017/'0.50% Convertible Senior Notes Due 2033
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09/07/2017/'0.50% Convertible Senior Notes Due 2033
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09/07/2017.&7. Fair Value of Financial Instruments
!
July 30, 2017
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FINISAR CORP10Q
09/07/2017Results of Operations
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
5
Amortization of Acquired Developed Technology
*"(in thousands, except percentages)
July 30, 2017
July 31, 2016 Change
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
Gross Profit
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July 30, 2017
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FINISAR CORP10Q
09/07/2017Results of Operations
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!Research and Development Expenses
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July 30, 2017
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
$
Sales and Marketing Expenses
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July 30, 2017
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
+
#General and Administrative Expenses
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
Interest Income
*"(in thousands, except percentages)
July 30, 2017
July 31, 2016 Change
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
Interest Expense
*"(in thousands, except percentages)
July 30, 2017
July 31, 2016 Change
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FINISAR CORP10Q
09/07/2017Results of Operations
#
Other Income (Expense), Net
*"(in thousands, except percentages)
July 30, 2017
July 31, 2016 Change
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4 Inventories
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FINISAR CORP10Q
09/07/2017Results of Operations
"
Provision for Income Taxes
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July 30, 2017
July 31, 2016 Change
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4 Inventories
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FINISAR CORP10Q
09/07/2017'Liquidity and Capital Resources
Three Months Ended
(in millions)
July 30, 2017
July 31, 20161)Net cash provided by operating activitiesF@33333G@
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FINISAR CORP10Q
09/07/2017Item 6. Exhibits
Exhibit Number
Exhibit Description?@,$Certification of Principal Executive
=
5Officer pursuant to Section 302 of the SarbanesOxleyAct of 2002333333?@,$Certification of Principal Financial=5Officer pursuant to Section 302 of the SarbanesOxleyAct of 2002@@0(Certification of Chief Executive Officer5pursuant to Section 906 of the SarbanesOxleyAct of 2002@@0(Certification of Chief Financial Officer5pursuant to Section 906 of the SarbanesOxleyAct of 2002101.INSXBRL Instance Document101.SCH&XBRL Taxonomy Extension Schema101.CAL4,XBRL Taxonomy Extension Calculation Linkbase101.DEF3+XBRL Taxonomy Extension Definition Linkbase101.LAB.&XBRL Taxonomy Extension Label Linkbase101.PRE,$XBRL Taxonomy Extension PresentationLinkbaseD lvjF6`1_
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