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Reportable Segments (Tables)

6 Months Ended

Dec. 24, 2017

Segment Reporting [Abstract]

Revenues, Gross Profit, Gross Margin, and Inventories by Segment

Inventories for each of the Company's segments were as follows (in thousands):

	December 24, 2017				June 25, 2017
Lighting Products		$140,657				$145,710
LED Products	100,411				108,297
Wolfspeed	28,047				26,453
Total segment inventories, net	269,115				280,460
Unallocated inventories	4,096				3,925
Consolidated inventories, net		$273,211				$284,385

Revenue, gross profit and gross margin for each of the Company's segments were as follows (in thousands, except percentages):

	Three Months Ended								Six Months Ended
	December 24, 2017				December 25, 2016				December 24, 2017				December 25, 2016
Revenue:
Lighting Products revenue		$144,616				$208,924				$294,340				$392,760
LED Products revenue	152,682				138,038				297,202				275,531
Wolfspeed revenue	70,572				54,364				136,726				104,268
Total revenue		$367,870				$401,326				$728,268				$772,559
Gross Profit and Gross Margin:
Lighting Products gross profit		$22,964				$74,770				$54,847				$124,060
Lighting Products gross margin	15.9		%		35.8		%		18.6		%		31.6		%
LED Products gross profit	38,606				40,314				77,416				82,084
LED Products gross margin	25.3		%		29.2		%		26.0		%		29.8		%
Wolfspeed gross profit	34,133				25,911				66,531				49,371
Wolfspeed gross margin	48.4		%		47.7		%		48.7		%		47.4		%
Total segment gross profit	95,703				140,995				198,794				255,515
Unallocated costs	(3,100		)		(4,859		)		(5,859		)		(9,618		)
Depreciation and amortization adjustment	—				4,431				—				4,601
Consolidated gross profit		$92,603				$140,567				$192,935				$250,498
Consolidated gross margin	25.2		%		35.0		%		26.5		%		32.4		%

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599

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- References

No definition available.

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