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Reportable Segments (Tables)

9 Months Ended

Mar. 25, 2018

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):

	March 25, 2018				June 25, 2017
Wolfspeed		$56,261				$26,453
LED Products	102,078				108,297
Lighting Products	147,131				145,710
Total segment inventories	305,470				280,460
Unallocated inventories	4,388				3,925
Consolidated inventories		$309,858				$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								Nine Months Ended
	March 25, 2018				March 26, 2017				March 25, 2018				March 26, 2017
Revenue:
Wolfspeed revenue		$81,902				$56,133				$218,628				$160,401
LED Products revenue	143,298				131,327				440,500				406,858
Lighting Products revenue	130,758				154,045				425,098				546,805
Total revenue		$355,958				$341,505				$1,084,226				$1,114,064
Gross Profit and Gross Margin:
Wolfspeed gross profit		$39,285				$26,396				$105,816				$74,737
Wolfspeed gross margin	48.0		%		47.0		%		48.4		%		46.6		%
LED Products gross profit	37,764				32,385				115,180				115,499
LED Products gross margin	26.4		%		24.7		%		26.1		%		28.4		%
Lighting Products gross profit	24,956				35,355				79,803				159,415
Lighting Products gross margin	19.1		%		23.0		%		18.8		%		29.2		%
Total segment gross profit	102,005				94,136				300,799				349,651
Unallocated costs	(2,949		)		(3,459		)		(8,808		)		(13,077		)
Depreciation and amortization adjustment	—				(4,601		)		—				—
Consolidated gross profit		$99,056				$86,076				$291,991				$336,574
Consolidated gross margin	27.8		%		25.2		%		26.9		%		30.2		%

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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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