XML 51 R40.htm IDEA: XBRL DOCUMENT v3.10.0.1
Description of Business and Summary of Significant Accounting Policies - Merger Agreement (Details)
3 Months Ended 9 Months Ended
Sep. 29, 2018
USD ($)
Dec. 11, 2018
USD ($)
$ / shares
Mar. 11, 2018
USD ($)
Term Loan Credit Facility      
Business Acquisition [Line Items]      
Senior secured term loan facility $ 500,000,000    
Ticking fee expense 400,000    
Debt issuance costs capitalized $ 900,000    
Term Loan Credit Facility | 31st Day Following Allocation      
Business Acquisition [Line Items]      
Ticking fee 1.25%    
Term Loan Credit Facility | 61st Day Following Allocation      
Business Acquisition [Line Items]      
Ticking fee 2.50%    
Forecast | Oclaro, Inc.      
Business Acquisition [Line Items]      
Total transaction consideration as of date of the Merger Agreement   $ 1,800,000,000  
Percentage of interest owned by Oclaro shareholders of combined company   16.00%  
Oclaro, Inc.      
Business Acquisition [Line Items]      
Maximum borrowing capacity     $ 550,000,000
Oclaro, Inc. | Forecast      
Business Acquisition [Line Items]      
Exchange for consideration, cash paid for each share of Oclaro common stock (usd per share) | $ / shares   $ 5.60  
Exchange for consideration, shares paid paid for each share of Oclaro common stock   0.0636  
Termination fee if terms of Merger Agreement not met   $ 80,000,000  
Total transaction consideration   1,600,000,000  
Lumentum common stock   600,000,000  
New debt incurred in total transaction consideration   $ 500,000,000