XML 36 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Jun. 24, 2018
Jun. 25, 2017
Jun. 26, 2016
Income Statement [Abstract]      
Revenue, net $ 1,493,680 $ 1,473,000 $ 1,616,627
Cost of revenue, net 1,086,038 1,038,428 1,129,553
Gross profit 407,642 434,572 487,074
Operating expenses:      
Research and development 164,321 158,549 168,848
Sales, general and administrative 283,489 277,175 283,052
Amortization or impairment of acquisition-related intangibles 30,772 27,499 28,732
Goodwill impairment charges 247,455 0 0
Loss on disposal or impairment of long-lived assets 10,692 2,521 16,913
Wolfspeed transaction termination fee 0 (12,500) 0
Total operating expenses 736,729 453,244 497,545
Operating loss (329,087) (18,672) (10,471)
Non-operating income (expense), net 11,642 14,008 (13,035)
Loss before income taxes (317,445) (4,664) (23,506)
Income tax (benefit) expense (37,522) 93,454 (1,970)
Net loss (279,923) (98,118) (21,536)
Net income attributable to noncontrolling interest 45 0 0
Net loss attributable to controlling interest $ (279,968) $ (98,118) $ (21,536)
Loss per share:      
Basic $ (2.81) $ (1.00) $ (0.21)
Diluted $ (2.81) $ (1.00) $ (0.21)
Weighted average shares used in per share calculation:      
Basic 99,530 98,487 101,783
Diluted 99,530 98,487 101,783