XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Financial Statement Details (Tables) | 9 Months Ended
--- | ---
Mar. 25, 2018
Financial Statement Details [Abstract] |
Summary of the Components of Accounts Receivable, Net | The following table summarizes the components of accounts receivable, net (in thousands):
| March 25, 2018 |  | June 25, 2017
Billed trade receivables |  | $204,675 |  |  |  | $205,516 |
Unbilled contract receivables | 1,078 |  |  | 912 |
| 205,753 |  |  | 206,428 |
Allowance for sales returns, discounts and other incentives | (53,635 | ) |  | (49,425 | )
Allowance for bad debts | (8,781 | ) |  | (8,611 | )
Accounts receivable, net |  | $143,337 |  |  |  | $148,392 |
Summary of the Components of Inventories | The following table summarizes the components of inventories (in thousands):
| March 25, 2018 |  | June 25, 2017
Raw material |  | $90,455 |  |  |  | $73,410 |
Work-in-progress | 109,457 |  |  | 100,402 |
Finished goods | 109,946 |  |  | 110,573 |
Inventories |  | $309,858 |  |  |  | $284,385 |
Summary of the Components of Other Current Liabilities | The following table summarizes the components of other current liabilities (in thousands):
| March 25, 2018 |  | June 25, 2017
Accrued taxes |  | $8,368 |  |  |  | $11,148 |
Accrued professional fees | 5,991 |  |  | 5,545 |
Accrued warranty | 12,391 |  |  | 13,631 |
Accrued other | 9,171 |  |  | 6,654 |
Other current liabilities |  | $35,921 |  |  |  | $36,978 |
Summary of the Components of Accumulated Other Comprehensive Income, Net of Taxes | The following table summarizes the components of accumulated other comprehensive income, net of taxes (in thousands):
| March 25, 2018 |  | June 25, 2017
Currency translation gain |  | $6,478 |  |  |  | $4,471 |
Net unrealized (loss) gain on available-for-sale securities | (4,532 | ) |  | 1,438 |
Accumulated other comprehensive income, net of taxes |  | $1,946 |  |  |  | $5,909 |
Summary of the Components of Non-operating Income, Net | The following table summarizes the components of non-operating (expense) income, net (in thousands):
| Three Months Ended |  | Nine Months Ended
| March 25, 2018 |  | March 26, 2017 |  | March 25, 2018 |  | March 26, 2017
Foreign currency gain, net |  | $3,641 |  |  |  | $2,434 |  |  |  | $4,869 |  |  |  | $1,939 |
(Loss) gain on sale of investments, net | (133 | ) |  | 1 |  |  | (85 | ) |  | 13 |
(Loss) gain on equity investment, net | (13,968 | ) |  | 6,443 |  |  | 7,510 |  |  | 160 |
Interest income, net | 743 |  |  | 927 |  |  | 3,360 |  |  | 2,714 |
Other, net | 66 |  |  | 60 |  |  | 357 |  |  | 120 |
Non-operating (expense) income, net |  | ($9,651 | ) |  |  | $9,865 |  |  |  | $16,011 |  |  |  | $4,946 |
Summary of the Amounts Reclassified Out of Accumulated Other Comprehensive Income | The following table summarizes the amounts reclassified out of accumulated other comprehensive income, net of taxes (in thousands):
Accumulated Other Comprehensive Income Component |  | Amount Reclassified Out of Accumulated Other Comprehensive Income |  | Affected Line Item in the Consolidated Statements of Loss
|  | Three Months Ended |  | Nine Months Ended |  |
|  | March 25, 2018 |  | March 26, 2017 |  | March 25, 2018 |  | March 26, 2017 |  |
Net unrealized gain on available-for-sale securities, net of taxes |  |  | ($133 | ) |  |  | $1 |  |  |  | ($85 | ) |  |  | $13 |  |  | Non-operating (expense) income, net
|  | (133 | ) |  | 1 |  |  | (85 | ) |  | 13 |  |  | Loss before income taxes
|  | — |  |  | — |  |  | — |  |  | — |  |  | Income tax (benefit) expense
|  |  | ($133 | ) |  |  | $1 |  |  |  | ($85 | ) |  |  | $13 |  |  |

X
- Definition Financial Statement Details [Abstract] + References No definition available. + Details
Name: | cree_FinancialStatementDetailsAbstract
Namespace Prefix: | cree_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
Name: | us-gaap_ScheduleOfAccruedLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6361739&loc=d3e7789-107766 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration