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Acquisition (Tables)
12 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
The final purchase price allocation is as follows:
(in millions of U.S. Dollars)
 
Inventories

$22.5

Property and equipment
11.7

Other receivables
0.4

Intangible assets
149.0

Goodwill
249.0

Accrued expenses and liabilities
(3.4
)
Net assets acquired

$429.2


Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination
The weighted average life of the acquired intangible assets is approximately 13.8 years. The components of the acquired intangible assets are as follows:
(in millions of U.S. Dollars, except year data)
Asset Amount
 
Estimated Life (in years)
Lease agreement

$1.0

 
10
Customer relationships
92.0

 
15
Developed technology
44.0

 
14
Non-compete agreements
12.0

 
4
Total identifiable intangible assets

$149.0

 
 

Schedule of Revenue of Acquiree since Acquisition Date
The results of the RF Power business reflected in the Company's consolidated statements of operations for the fiscal year ended June 24, 2018 from the date of acquisition (March 6, 2018) are as follows:
(in millions of U.S. Dollars)
Amount
Revenue

$29.0

Net loss from continuing operations
(11.7
)

Schedule of Pro Forma Information of Acquiree
The following supplemental pro forma information presents the consolidated financial results as if the RF Power transaction had occurred at the beginning of fiscal 2017:
 
Fiscal Years Ended
(in millions of U.S. Dollars, except share data)
June 24, 2018
 
June 25, 2017
Revenue

$990.3

 

$879.1

Net loss from continuing operations
(20.8
)
 
(97.3
)
 
 
 
 
Basic loss per share from continuing operations

($0.21
)
 

($0.99
)
Diluted loss per share from continuing operations

($0.21
)
 

($0.99
)