XML 47 R33.htm IDEA: XBRL DOCUMENT
v3.19.1

Intangible Assets (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2019
Goodwill [Line Items] |
Schedule of Goodwill [Table Text Block] |
Reporting Segment | Balance at March 31, 2019
Wolfspeed |  | $349,726 |
LED Products | 180,278 |
Consolidated total |  | $530,004 |
Components of intangible assets, net | The following table presents the components of intangible assets, net (in thousands):
| March 31, 2019 |  | June 24, 2018
| Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets with finite lives: |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $147,820 |  |  |  | ($62,002 | ) |  |  | $85,818 |  |  |  | $147,820 |  |  |  | ($56,558 | ) |  |  | $91,262 |
Developed technology | 75,878 |  |  | (23,116 | ) |  | 52,762 |  |  | 75,878 |  |  | (19,018 | ) |  | 56,860 |
Non-compete agreements | 12,231 |  |  | (3,392 | ) |  | 8,839 |  |  | 12,231 |  |  | (1,142 | ) |  | 11,089 |
Trade names, finite-lived | 450 |  |  | (450 | ) |  | — |  |  | 450 |  |  | (450 | ) |  | — |
Patent and licensing rights | 120,401 |  |  | (64,804 | ) |  | 55,597 |  |  | 119,158 |  |  | (62,554 | ) |  | 56,604 |
Total intangible assets with finite lives | 356,780 |  |  | (153,764 | ) |  | 203,016 |  |  | 355,537 |  |  | (139,722 | ) |  | 215,815 |
Trade names, indefinite-lived | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total intangible assets |  | $356,780 |  |  |  | ($153,764 | ) |  |  | $203,016 |  |  |  | $355,537 |  |  |  | ($139,722 | ) |  |  | $215,815 |
Schedule of future amortization expense of finite-lived intangible assets | Total future amortization expense of finite-lived intangible assets is estimated to be as follows (in thousands):
Fiscal Year Ending |
June 30, 2019 (remainder of fiscal 2019) |  | $5,816 |
June 28, 2020 | 21,662 |
June 27, 2021 | 21,022 |
June 26, 2022 | 19,428 |
June 25, 2023 | 16,135 |
Thereafter | 118,953 |
Total future amortization expense |  | $203,016 |

X
- Definition Schedule of Intangible Assets by Major Class [Table Text Block] + References No definition available. + Details
Name: | cree_ScheduleOfIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix: | cree_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_GoodwillLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration