CIK 1110647

OCLARO, INC.

CIK 0001110647 · EDGAR ↗

cleanelevatedtriggeredno dataplanned

75.6

composite · 4 signals · ELEVATED

Every card below shows the score and the exact filing data it was computed from — no unexplained numbers. Some signals (P-02, P-03, P-08, P-09, P-10, P-11) pull live documents from SEC EDGAR the first time you view this company; a few of those (P-03, P-10, P-11) use AI to read the filing text, but every AI claim must quote the actual document verbatim or it's discarded — never a guess.

Chat with this filing →

Ask follow-up questions about the latest 10-K, with citations verified against the actual text. No account needed.

Investigation memo — generate one →

Run the bounded investigation agent — reads this company's signals and writes a short, cited summary.

Signals

P-07 · FY 2012-06-30 · TRIGGERED46.9

Pension underfunding

[FY2012 data, stale — no more recent pension disclosure in XBRL] DB plan 79% funded — -$8M deficit (5% of equity)

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2014-09-10) ↗

Evidence — inputs and thresholds

{
  "benefit_obligation": 36864000,
  "plan_assets": 29080000,
  "funded_ratio": 0.7888,
  "deficit": -7784000,
  "deficit_vs_equity": 0.0464,
  "thresholds": {
    "elevated": "<90% funded",
    "triggered": "<80% funded or deficit >25% of equity"
  },
  "stale": true,
  "latest_filing_period": "2018-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1110647/000144530514003896/0001445305-14-003896-index.htm",
    "form": "10-K",
    "filed": "2014-09-10"
  }
}

P-05 · FY 2018-06-30 · ELEVATED100.0

Tax arbitrage

ETR 16.6% vs 21% statutory — gap persistent across 2 of 3 years

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2018-08-23) ↗

Evidence — inputs and thresholds

{
  "etr_by_year": {
    "2018-06-30": 0.1655,
    "2017-07-01": -0.2436,
    "2016-07-02": 0.09
  },
  "statutory_rate": 0.21,
  "gap_by_year": {
    "2018-06-30": 0.0445,
    "2017-07-01": 0.4536,
    "2016-07-02": 0.12
  },
  "note": "Low ETR can be fully legitimate; this flags persistence + magnitude for review.",
  "stale": false,
  "latest_filing_period": "2018-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1110647/000162828018011325/0001628280-18-011325-index.htm",
    "form": "10-K",
    "filed": "2018-08-23"
  }
}

P-01 · FY 2018-06-30 · CLEAN9.0

Earnings quality

Beneish M-Score -3.18 — no manipulation profile

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2018-08-23) ↗

Evidence — inputs and thresholds

{
  "m_score": -3.184,
  "threshold": -1.78,
  "ratios": {
    "DSRI": 0.909,
    "GMI": 1.048,
    "AQI": 0.569,
    "SGI": 0.904,
    "DEPI": 0.881,
    "SGAI": 1.22,
    "LVGI": 0.778,
    "TATA": -0.087
  },
  "defaulted_to_neutral": [],
  "sloan_accruals": -0.0903,
  "inputs": {
    "revenue_t": 543170000,
    "revenue_t1": 600968000,
    "total_assets_t": 720799000,
    "net_income_t": 62453000,
    "cfo_t": 125054000
  },
  "stale": false,
  "latest_filing_period": "2018-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1110647/000162828018011325/0001628280-18-011325-index.htm",
    "form": "10-K",
    "filed": "2018-08-23"
  }
}

P-12 · FY 2018-06-30 · CLEAN8.1

Restatement predictor

F-Score 0.24 — at or below the population base rate

trend: flat

Trend

Source: 10-K on SEC.gov (filed 2018-08-23) ↗

Evidence — inputs and thresholds

{
  "f_score": 0.242,
  "probability": 0.00089,
  "components": {
    "rsst": -0.0903,
    "drec": -0.0315,
    "dinv": 0.0081,
    "soft": 0.4685,
    "dcs": -0.0599,
    "droa": -0.1056,
    "issue": 0
  },
  "model": "Dechow et al. 2011, Model 1 (simplified RSST)",
  "thresholds": {
    "elevated": 1,
    "triggered": 1.85
  },
  "stale": false,
  "latest_filing_period": "2018-06-30",
  "source": {
    "url": "https://www.sec.gov/Archives/edgar/data/1110647/000162828018011325/0001628280-18-011325-index.htm",
    "form": "10-K",
    "filed": "2018-08-23"
  }
}