| Table 3 | |||||||||||||||||||||||||
| Reconciliation of Segment Adjusted Operating Income (Loss) to Reported Segment Operating Income (Loss) | |||||||||||||||||||||||||
| $ Millions | |||||||||||||||||||||||||
| (Unaudited) | |||||||||||||||||||||||||
| Three Months Ended | Six Months Ended | ||||||||||||||||||||||||
| Dec 31, | Sept 30, | Dec 31, | Dec 31, | Dec 31, | |||||||||||||||||||||
| 2019 | 2019 | 2018 | 2019 | 2018 | |||||||||||||||||||||
| Adjusted Photonic Solutions Operating Income (Loss) | $ | 55.2 | $ | 17.9 | $ | 29.2 | $ | 73.1 | $ | 51.4 | |||||||||||||||
| Stock based compensation | (12.8 | ) | (2.7 | ) | (2.3 | ) | (15.5 | ) | (4.6 | ) | |||||||||||||||
| Amortization of acquired intangibles | (29.2 | ) | (2.1 | ) | (2.3 | ) | (31.3 | ) | (4.4 | ) | |||||||||||||||
| Preliminary fair value adjustment on acquired inventory | (74.2 | ) | - | - | (74.2 | ) | - | ||||||||||||||||||
| Transaction expenses related to acquisitions | - | - | (1.5 | ) | - | (3.4 | ) | ||||||||||||||||||
| Photonic Solutions Operating Income (Loss) | $ | (60.9 | ) | 13.0 | $ | 23.1 | $ | (47.9 | ) | 39.0 | |||||||||||||||
| Adjusted Compound Semiconductors Operating Income | $ | 10.2 | $ | 31.2 | $ | 28.0 | $ | 41.4 | $ | 54.0 | |||||||||||||||
| Stock based compensation | (6.5 | ) | (2.7 | ) | (2.6 | ) | (9.2 | ) | (5.7 | ) | |||||||||||||||
| Amortization of acquired intangibles | (4.4 | ) | (2.0 | ) | (1.8 | ) | (6.4 | ) | (3.4 | ) | |||||||||||||||
| Restructuring and related expenses | (1.6 | ) | - | - | (1.6 | ) | - | ||||||||||||||||||
| Preliminary fair value adjustment on acquired inventory | (6.4 | ) | - | - | (6.4 | ) | - | ||||||||||||||||||
| Compound Semiconductors Operating Income (Loss) | $ | (8.8 | ) | $ | 26.5 | $ | 23.6 | $ | 17.7 | $ | 44.9 | ||||||||||||||
| Adjusted Unallocated and Other Operating Income | $ | - | $ | 1.8 | $ | - | $ | 1.8 | $ | - | |||||||||||||||
| Transaction expenses related to acquisitions | (8.0 | ) | (5.6 | ) | (7.1 | ) | (13.6 | ) | (7.1 | ) | |||||||||||||||
| Severance and related - Stock based compensation | - | (10.7 | ) | - | (10.7 | ) | - | ||||||||||||||||||
| Severance and related - Other compensation | (0.6 | ) | (7.7 | ) | - | (8.3 | ) | - | |||||||||||||||||
| Amortization of acquired intangibles | - | (2.0 | ) | - | (2.0 | ) | - | ||||||||||||||||||
| Preliminary fair value adjustment on acquired inventory | - | (7.1 | ) | - | (7.1 | ) | - | ||||||||||||||||||
| One-time costs related to the Finisar acquisition | - | (26.8 | ) | - | (26.8 | ) | - | ||||||||||||||||||
| Unallocated and Other Operating Income (Loss) | $ | (8.8 | ) | $ | (58.0 | ) | $ | (7.1 | ) | $ | (66.8 | ) | $ | (7.1 | ) | ||||||||||
| Total Operating Income (Loss) | $ | (78.6 | ) | $ | (18.5 | ) | $ | 39.6 | $ | (97.1 | ) | $ | 76.8 | ||||||||||||
| Adjusted Operating Income | $ | 65.3 | $ | 50.9 | $ | 57.3 | $ | 116.2 | $ | 105.4 | |||||||||||||||
*Amounts may not recalculate due to rounding.
