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Discontinued Operations (Tables)

12 Months Ended

Jun. 28, 2020

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The Company has classified the results of the Lighting Products business unit as discontinued operations, the results of which for the fiscal years ended June 30, 2019 and June 24, 2018 are as follows:

									Fiscal Years Ended
									June 30, 2019						June 24, 2018
(in millions of U.S. Dollars)
Revenue, net									$419.8						$568.8
Cost of revenue, net									324.3						463.2
Gross profit									95.5						105.6
Research and development									37.1						35.9
Sales, general and administrative									100.6						97.6
Amortization or impairment of acquisition-related intangibles									116.4						23.6
Goodwill impairment charges									90.3						247.5
Loss on disposal or impairment of long-lived assets									2.0						2.1
Operating loss									(250.9)						(301.1)
Non-operating income									—						(1.3)
Loss before income taxes and loss on sale									(250.9)						(299.8)
Loss on sale									66.2						—
Loss before income taxes									(317.1)						(299.8)
Income tax expense (benefit)									0.1						(36.3)
Net loss									($317.2)						($263.5)

The Company did not have any discontinued operations activity for the year ended June 28, 2020.

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Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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