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Revenues from contracts with customers
 6 Months Ended
Dec. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenues from contracts with customers Revenues from contracts with customers
Revenue by Geographic Area and End Market
Revenues are attributed to a particular geographic area based on the bill-to-location of the Company’s customers. The Company operates in three geographic regions: North America; Asia-Pacific and others; and Europe.
The following table presents total revenues by geographic region:
(in thousands, except percentages)Three Months Ended
December 30, 2022		As a % of Total
Revenues		Six Months Ended
December 30, 2022		As a % of Total
Revenues
North America
   U.S.$319,918 $664,998 
   Others (1)
4,033 7,657 
Total revenue in North America323,951 48.5 %672,655 50.8 %
Asia-Pacific and others
   India82,178 162,211 
   Israel59,893 97,170 
   Malaysia50,390 99,714 
   Hong Kong39,723 72,195 
   China26,480 49,544 
   Thailand16,098 28,714 
   Japan11,737 22,085 
   Others1,901 5,061 
Total revenue in Asia-Pacific and others288,400 43.1 %536,694 40.5 %
Europe
   U.K.30,316 63,148 
   Germany13,129 26,443 
   Ireland (2)
143 262 
   Others12,717 24,883 
Total revenue in Europe$56,305 8.4 %$114,736 8.7 %
Total revenue$668,656 100.0 %$1,324,085 100.0 %
(in thousands, except percentages)Three Months Ended
December 24, 2021		As a % of Total
Revenues		Six Months Ended
December 24, 2021		As a % of Total
Revenues
North America
   U.S.$243,720 $488,994 
   Others (1)
3,557 4,873 
   Total revenue in North America247,277 43.6 %493,867 44.5 %
Asia-Pacific and others 
   India74,121 139,054 
   Malaysia60,369 112,118 
   Hong Kong23,206 44,237 
   Israel22,801 50,434 
   Japan15,832 30,809 
   China14,146 27,781 
   Others11,565 23,790 
   Total revenue in Asia-Pacific and others222,040 39.2 %428,223 38.6 %
Europe
   Ireland (2)
54,900 104,384 
   U.K.22,941 42,519 
   Germany8,985 17,410 
   Others10,490 23,552 
   Total revenue in Europe$97,316 17.2 %$187,865 16.9 %
         Total revenue$566,633 100.0 %$1,109,955 100.0 %
(1)Others includes revenues from external customers based in our country of domicile, the Cayman Islands, which for each year presented is $0.
(2)Due to change in bill-to-location for a certain customer.
The following table presents revenues by end market:
(in thousands, except percentages)Three Months Ended
December 30, 2022		As a % of Total
Revenues		Six Months Ended
December 30, 2022		As a % of Total
Revenues
Optical communications$506,056 75.7 %$1,003,617 75.8 %
Lasers, sensors and other162,600 24.3 %320,468 24.2 %
Total$668,656 100.0 %$1,324,085 100.0 %

(in thousands, except percentages)Three Months Ended
December 24, 2021		As a % of Total
Revenues		Six Months Ended
December 24, 2021		As a % of Total
Revenues
Optical communications$450,783 79.6 %$878,084 79.1 %
Lasers, sensors and other115,850 20.4 %231,871 20.9 %
Total$566,633 100.0 %$1,109,955 100.0 %
Contract Assets and Liabilities
A contract asset is recognized when the Company has recognized revenues prior to generating an invoice for payment. Contract assets are classified separately within the unaudited condensed consolidated balance sheets and transferred to accounts receivable when rights to payment become unconditional.
A contract liability is recognized when the Company has advance payment arrangements with customers. The contract liabilities balance is normally recognized as revenue within six months.
The following tables summarize the activity in the Company’s contract assets and contract liabilities during the six months ended December 30, 2022:
(in thousands)Contract
Assets
Beginning balance, June 24, 2022
$13,464 
Revenue recognized31,601 
Amounts collected or invoiced(31,487)
Ending balance, December 30, 2022
$13,578 
(in thousands)Contract
Liabilities
Beginning balance, June 24, 2022
$1,982 
Advance payment received during the period12,515 
Revenue recognized(10,861)
Ending balance, December 30, 2022
$3,636