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Subsequent Events | 6 Months Ended
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Dec. 30, 2017
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events Repurchase of Common Stock Subsequent to our fiscal quarter ended December 30, 2017, the Company repurchased approximately 1.1 million shares of common stock at an average price of $8.78 per share under the stock repurchase program authorized on February 1, 2016. Repurchase of 2033 Notes Subsequent to our fiscal quarter ended December 30, 2017, the Company repurchased $22.5 million of its 2033 Notes for $23.1 million in cash. Definitive Agreement On February 1, 2018, the Company announced its entry into a Stock Purchase Agreement (the “Purchase Agreement”) with certain subsidiaries of Cobham plc (“Cobham”) to acquire Cobham’s Test and Measurement business for $455 million cash consideration, subject to certain customary closing adjustments. The acquisition is expected to close subject to satisfaction of the closing conditions under the Purchase Agreement.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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