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Investments, Forward Contracts and Fair Value Measurements (Tables) | 3 Months Ended
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Sep. 29, 2018
Fair Value Disclosures [Abstract] |
Schedule of available-for-sale securities | As of June 30, 2018, the Company’s available-for-sale securities were as follows (in millions):
| Amortized Cost/ Carrying Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |
U.S. treasuries | $ | 36.0 |  |  | $ | — |  |  | $ | (0.1 | ) |  | $ | 35.9 |
U.S. agencies | 13.3 |  |  | — |  |  | (0.1 | ) |  | 13.2 |
Municipal bonds and sovereign debt instruments | 2.7 |  |  | — |  |  | — |  |  | 2.7 |
Asset-backed securities | 23.9 |  |  | — |  |  | (0.4 | ) |  | 23.5 |
Corporate securities | 114.9 |  |  | — |  |  | (0.6 | ) |  | 114.3 |
Total available-for-sale securities | $ | 190.8 |  |  | $ | — |  |  | $ | (1.2 | ) |  | $ | 189.6 |
As of September 29, 2018, the Company’s available-for-sale securities were as follows (in millions):
| Amortized Cost/ Carrying Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
Available-for-sale debt securities: |  |  |  |  |  |  |  |  |  |  |
U.S. treasuries | $ | 4.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 4.0 |
U.S. agencies | 8.8 |  |  | — |  |  | (0.1 | ) |  | 8.7 |
Municipal bonds and sovereign debt instruments | 2.7 |  |  | — |  |  | — |  |  | 2.7 |
Asset-backed securities | 7.0 |  |  | — |  |  | (0.3 | ) |  | 6.7 |
Corporate securities | 29.0 |  |  | — |  |  | (0.4 | ) |  | 28.6 |
Total available-for-sale debt securities | $ | 51.5 |  |  | $ | — |  |  | $ | (0.8 | ) |  | $ | 50.7 |
Schedule of contractual maturities of available-for-sale securities | As of September 29, 2018, contractual maturities of the Company’s debt securities classified as available-for-sale were as follows (in millions):
| Amortized Cost/ Carrying Cost |  | Estimated Fair Value
Amounts maturing in less than 1 year | $ | 32.0 |  |  | $ | 31.7 |
Amounts maturing in 1 - 5 years | 18.6 |  |  | 18.3 |
Amounts maturing in more than 5 years | 0.9 |  |  | 0.7 |
Total debt available-for-sale securities | $ | 51.5 |  |  | $ | 50.7 |
Schedule of assets measured at fair value | Assets measured at fair value as of September 29, 2018 and June 30, 2018 are summarized below (in millions):
| September 29, 2018 |  | June 30, 2018
| Total |  | Level 1 Investments |  | Level 2 Investments |  | Total |  | Level 1 Investments |  | Level 2 Investments
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt available-for-sale securities |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. treasuries | $ | 4.0 |  |  | $ | 4.0 |  |  | $ | — |  |  | $ | 35.9 |  |  | $ | 35.9 |  |  | $ | — |
U.S. agencies | 8.7 |  |  | — |  |  | 8.7 |  |  | 13.2 |  |  | — |  |  | 13.2 |
Municipal bonds and sovereign debt instruments | 2.7 |  |  | — |  |  | 2.7 |  |  | 2.7 |  |  | — |  |  | 2.7 |
Asset-backed securities | 6.7 |  |  | — |  |  | 6.7 |  |  | 23.5 |  |  | — |  |  | 23.5 |
Corporate securities | 28.6 |  |  | — |  |  | 28.6 |  |  | 114.3 |  |  | — |  |  | 114.3 |
Total debt available-for-sale securities | 50.7 |  |  | 4.0 |  |  | 46.7 |  |  | 189.6 |  |  | 35.9 |  |  | 153.7 |
Money market funds | 329.1 |  |  | 329.1 |  |  | — |  |  | 354.9 |  |  | 354.9 |  |  | — |
Trading securities | 1.6 |  |  | 1.6 |  |  | — |  |  | 1.6 |  |  | 1.6 |  |  | — |
Foreign currency forward contracts | 1.9 |  |  | — |  |  | 1.9 |  |  | 2.7 |  |  | — |  |  | 2.7 |
Total assets (1) | $ | 383.3 |  |  | $ | 334.7 |  |  | $ | 48.6 |  |  | $ | 548.8 |  |  | $ | 392.4 |  |  | $ | 156.4 |
Liability: |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts | 3.2 |  |  | — |  |  | 3.2 |  |  | 11.7 |  |  | — |  |  | 11.7 |
Total liabilities (2) | $ | 3.2 |  |  | $ | — |  |  | $ | 3.2 |  |  | $ | 11.7 |  |  | $ | — |  |  | $ | 11.7 |
(1) $318.0 million in cash and cash equivalents, $51.7 million in short-term investments, $7.1 million in restricted cash, $1.9 million in prepayments and other current assets, and $4.6 million in other non-current assets on the Company’s Consolidated Balance Sheets as of September 29, 2018. $364.8 million in cash and cash equivalents, $169.3 million in short-term investments, $7.3 million in restricted cash, $2.7 million in other current assets, and $4.7 million in other non-current assets on the Company’s Consolidated Balance Sheets as of June 30, 2018. (2) $3.2 million and $11.7 million in other current liabilities on the Company’s Consolidated Balance Sheets as of September 29, 2018 and June 30, 2018, respectively.

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19190-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258 + Details
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