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Reportable Segments (Tables)
12 Months Ended
Jun. 28, 2020
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:
RevenueGross Profit and Gross Margin
Year EndedYear Ended
(in millions of U.S. Dollars)June 28, 2020June 30, 2019June 24, 2018June 28, 2020June 30, 2019June 24, 2018
Wolfspeed$470.7 $538.2 $328.6 $184.6 $258.7 $158.5 
Wolfspeed gross margin39 %48 %48 %
LED Products433.2 541.8 596.3 91.1 150.0 157.9 
LED Products gross margin21 %28 %26 %
Total segment reporting$903.9 $1,080.0 $924.9 275.7 408.7 316.4 
Unallocated costs (1)
(27.4)(17.7)(9.0)
COGS acquisition related costs  (5.4)
Consolidated gross profit$248.3 $391.0 $302.0 
Consolidated gross margin27 %36 %33 %
(1) Unallocated costs for the fiscal year ended June 28, 2020 include $8.5 million in incremental manufacturing costs relating to COVID-19.
Schedule of Inventories by Segment
Inventories for each of the Company's segments were as follows:
(in millions of U.S. Dollars)June 28, 2020June 30, 2019
Wolfspeed$97.3 $81.6 
LED Products76.2 99.2 
Total segment inventories173.5 180.8 
Unallocated inventories5.6 6.6 
Consolidated inventories$179.1 $187.4 
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 28, 2020June 30, 2019June 24, 2018
(in millions of U.S. Dollars)Revenue% of RevenueRevenue% of RevenueRevenue% of Revenue
United States$212.1 23 %$261.4 24 %$220.2 24 %
China260.4 29 %367.2 34 %390.5 42 %
Europe243.7 27 %255.0 24 %167.4 18 %
Other187.7 21 %196.4 18 %146.8 16 %
Total$903.9 $1,080.0 $924.9 
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 28, 2020June 30, 2019
United States$773.1 $558.6 
China53.3 61.8 
Other4.7 4.8 
Total$831.1 $625.2