The predecessor company of VIAV, JDS Uniphase, split into two component pieces, Lumentum and Viavi, in 2015. Since then, the companies operated separately with the exception that VIAV owned shares in LITE for several years. Initially, it appeared LITE kept all of the exciting growth businesses and VIAV was left with the lessor remnants plus some shares of LITE and significant NOL’s. However, VIAV’s management did an excellent job narrowing the focus of the company and positioning it for future growth. They transformed the mix of business from 100% of revenue coming from mature, no