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Reportable Segments (Tables)
12 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of Revenues, Gross Profit and Gross Margin by Segment
Revenue, gross profit and gross margin for each of the Company's segments were as follows:
 
Revenue
 
Gross Profit and Gross Margin
 
Year Ended
 
Year Ended
(in millions of U.S. Dollars)
June 30, 2019
 
June 24, 2018
 
June 25, 2017
 
June 30, 2019
 
June 24, 2018
 
June 25, 2017
Wolfspeed

$538.2

 

$328.6

 

$221.2

 

$258.7

 

$158.5

 

$103.5

Wolfspeed gross margin
 
 
 
 
 
 
48
%
 
48
%
 
47
%
LED Products
541.8

 
596.3

 
550.3

 
150.0

 
157.9

 
151.7

LED Products gross margin
 
 
 
 
 
 
28
%
 
26
%
 
28
%
Total segment reporting

$1,080.0

 

$924.9

 

$771.5

 
408.7

 
316.4

 
255.2

Unallocated costs
 
 
 
 
 
 
(17.7
)
 
(9.0
)
 
(11.2
)
COGS acquisition related costs
 
 
 
 
 
 


(5.4
)


Consolidated gross profit
 
 
 
 
 
 

$391.0

 

$302.0

 

$244.0

Consolidated gross margin
 
 
 
 
 
 
36
%
 
33
%
 
32
%

Schedule of Inventories by Segment
Inventories for each of the Company's segments were as follows:
(in millions of U.S. Dollars)
June 30, 2019
 
June 24, 2018
Wolfspeed

$81.6

 

$47.2

LED Products
99.2

 
100.5

Total segment inventories
180.8

 
147.7

Unallocated inventories
6.6

 
3.9

Consolidated inventories

$187.4

 

$151.6


Schedule of Percentage of Revenues from External Customers by Geographic Area Disaggregated revenue from external customers by geographic area is as follows:
 
For the Years Ended
 
June 30, 2019
 
June 24, 2018
 
June 25, 2017
(in millions of U.S. Dollars)
Revenue
 
% of Revenue
 
Revenue
 
% of Revenue
 
Revenue
 
% of Revenue
United States
$
261.4

 
24
%
 
$
220.2

 
24
%
 
$
200.8

 
26
%
China
367.2

 
34
%
 
390.5

 
42
%
 
327.1

 
42
%
Europe
255.0

 
24
%
 
167.4

 
18
%
 
119.6

 
16
%
Other
196.4

 
18
%
 
146.8

 
16
%
 
124.0

 
16
%
Total
$
1,080.0

 
 
 
$
924.9

 
 
 
$
771.5

 
 

Schedule of Tangible Long-Lived Assets by Country
The Company’s tangible long-lived assets by country is as follows:
(in millions of U.S. Dollars)
June 30, 2019
 
June 24, 2018
United States

$558.6

 

$508.3

China
61.8

 
76.1

Other
4.8

 
4.7

Total

$625.2

 

$589.1