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Reportable Segments (Tables)

3 Months Ended

Sep. 23, 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):

	September 23, 2018				June 24, 2018
Wolfspeed		$45,961				$47,190
LED Products	106,028				100,452
Lighting Products	146,665				144,193
Total segment inventories	298,654				291,835
Unallocated inventories	7,735				4,180
Consolidated inventories		$306,389				$296,015

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

	Three Months Ended
	September 23, 2018				September 24, 2017
Revenue:
Wolfspeed revenue		$127,375				$66,154
LED Products revenue	146,802				144,520
Lighting Products revenue	134,090				149,724
Total revenue		$408,267				$360,398
Gross Profit and Gross Margin:
Wolfspeed gross profit		$60,415				$32,398
Wolfspeed gross margin	47.4		%		49.0		%
LED Products gross profit	41,283				38,810
LED Products gross margin	28.1		%		26.9		%
Lighting Products gross profit	31,058				31,883
Lighting Products gross margin	23.2		%		21.3		%
Total segment gross profit	132,756				103,091
Unallocated costs	(3,376		)		(2,759		)
COGS acquisition related costs	(1,212		)		—
Consolidated gross profit		$128,168				$100,332
Consolidated gross margin	31.4		%		27.8		%

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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

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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
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