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Acquisitions (Tables) | 12 Months Ended
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Jun. 27, 2015
Business Combinations [Abstract] |
Schedule of Fair Value of Consideration Transferred | The Acquisition Date fair value of the consideration transferred totaled $127.8 million, which consisted of the following (in millions):
Cash |  | $ | 20.0 |
Shares issued |  |  | 70.3 |
Contingent consideration |  |  | 37.5 |
Total identifiable assets acquired |  |  | 127.8 |
Summary of Final Amounts Recorded for Estimated Fair Values of Assets Acquired and Liabilities Assumed as of Closing Date | The following table includes the final amounts recorded for the estimated fair values of the assets acquired and liabilities assumed as of the Closing Date (in millions):
Cash |  | $ | 54.7 |
Short-term deposit |  |  | 36.6 |
Accounts receivable |  |  | 140.2 |
Current deferred tax assets |  |  | 11.8 |
Inventory |  |  | 6.3 |
Property and equipment |  |  | 11.7 |
Acquired intangible assets |  |  | 240.9 |
Other assets |  |  | 4.0 |
Total identifiable assets acquired |  |  | 506.2 |
Accounts payable |  |  | 66.5 |
Income taxes payable |  |  | 32.5 |
Deferred tax liabilities |  |  | 56.8 |
Other accrued liabilities |  |  | 28.0 |
Net identifiable assets acquired |  |  | 322.4 |
Goodwill |  |  | 145.2 |
Net assets acquired |  | $ | 467.6 |
Summary of Financial Information Presents Combined Results of Operations for Acquisition | The following unaudited pro forma financial information presents the combined results of operations for us and RSP as if the RSP Acquisition had occurred on June 30, 2013. The unaudited pro forma financial information has been prepared for comparative purposes only and does not purport to be indicative of the actual operating results that would have been recorded had the RSP Acquisition actually taken place on June 30, 2013, and should not be taken as indicative of future consolidated operating results. Additionally, the unaudited pro forma financial results do not include any anticipated synergies or other expected benefits from the acquisition.
|  | 2015 |  |  | 2014 |
|  | (in millions except per share data) |
Revenue |  | $ | 1,913.9 |  |  | $ | 1,646.3 |
Net income |  |  | 149.8 |  |  |  | 96.9 |
Net income per share - diluted |  |  | 3.85 |  |  |  | 2.61 |
Pro Forma Adjustments Used to Arrive at Pro Forma Net Income | Pro forma adjustments used to arrive at pro forma net income for fiscal 2015 and 2014 were as follows (in millions):
|  | 2015 |  |  | 2014 |
Buyer transaction costs |  | $ | 4.3 |  |  | $ | 4.8 |
Amortization of debt issuance costs |  |  | (0.3 | ) |  |  | (1.0 | )
Interest expense |  |  | (1.2 | ) |  |  | (4.9 | )
Intangible amortization |  |  | 14.6 |  |  |  | (78.1 | )
Income tax adjustment |  |  | (5.2 | ) |  |  | 28.1 |
Total |  | $ | 12.2 |  |  | $ | (51.1 | )

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- Definition Tabular disclosure of the nature and amount of any material, nonrecurring adjustments directly attributable to the business combination(s) included in the reported pro forma revenue and earnings (supplemental pro forma information). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(4) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a,b,bb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=36462937&loc=SL7498348-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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