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Stock-Based Compensation | 6 Months Ended
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Dec. 28, 2019
Share-based Payment Arrangement [Abstract] |
Stock-Based Compensation | Note 16. Stock-Based Compensation Overview The impact on the Company’s results of operations of recording stock-based compensation by function for the three and six months ended December 28, 2019 and December 29, 2018, as follows (in millions):
| Three Months Ended |  | Six Months Ended
| December 28, 2019 |  | December 29, 2018 |  | December 28, 2019 |  | December 29, 2018
Cost of revenues | $ | 1.0 |  |  | $ | 0.9 |  |  | $ | 2.0 |  |  | $ | 1.7 |
Research and development | 2.0 |  |  | 1.6 |  |  | 3.7 |  |  | 2.8 |
Selling, general and administrative | 8.3 |  |  | 7.1 |  |  | 15.9 |  |  | 13.2 |
Total stock-based compensation expense | $ | 11.3 |  |  | $ | 9.6 |  |  | $ | 21.6 |  |  | $ | 17.7 |
Approximately $1.2 million and $1.0 million of stock-based compensation expense was capitalized to inventory as of December 28, 2019 and December 29, 2018, respectively. Full Value Awards Full Value Awards refer to restricted stock units that are granted without an exercise price and are converted to shares immediately upon vesting. Performance-based awards are performance-based with market conditions, performance conditions, time-based or a combination, and are expected to vest over one to four years. When converted into shares upon vesting, shares equivalent in value to the minimum withholding taxes liability on the vested shares are withheld by the Company for the payment of such taxes. During the six months ended December 28, 2019 and December 29, 2018, the Company granted 3.1 million and 3.7 million time-based awards, respectively. The fair value of the time-based Full Value Awards is based on the closing market price of the Company’s common stock on the date of award. The majority of these time-based awards vest over three years, with 33% vesting after one year and the balance vesting quarterly over the remaining two years. During the six months ended December 28, 2019 and December 29, 2018, the Company granted 0.5 million and 0.5 million, performance-based awards, respectively. These performance-based shares represent the target amount of grants, and the actual number of shares awarded upon vesting may vary depending upon the achievement of the relevant performance conditions. The shares attained over target upon vesting are reflected as awards granted during the period. Accordingly, during the six months ended December 28, 2019 and December 29, 2018, the Company granted additional 0.2 million and 0.1 million shares due to performance-based shares attained over target. The aggregate grant-date fair value of performance-based awards granted during the six months ended December 28, 2019 and December 29, 2018 were estimated to be $7.7 million and $6.2 million, respectively. The majority of performance-based awards vest in equal annual installments over three years based on the attainment of certain performance measures and the employee’s continued service through the vest date. The performance-based awards with market conditions were valued using a Monte Carlo simulation. As of December 28, 2019, $76.5 million of unrecognized stock-based compensation cost related to Full Value Awards remains to be amortized. That cost is expected to be recognized over an estimated amortization period of 2.0 years.

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- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
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