XML 38 R24.htm IDEA: XBRL DOCUMENT

Subsequent Events	6 Months Ended
Subsequent Events	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.