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Reportable Segments (Tables) | 6 Months Ended
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Dec. 29, 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:
| Three months ended |  |  |  | Six months ended |  |
| December 29, 2019 |  | December 30, 2018 |  | December 29, 2019 |  | December 30, 2018
Revenue: |  |  |  |  |  |  |
Wolfspeed revenue | $120.7 |  |  | $135.3 |  |  | $248.4 |  |  | $262.7 |
LED Products revenue | 119.2 |  |  | 145.2 |  |  | 234.3 |  |  | 292.0 |
Total revenue | $239.9 |  |  | $280.5 |  |  | $482.7 |  |  | $554.7 |
Gross Profit and Gross Margin: |  |  |  |  |  |  |
Wolfspeed gross profit | $41.8 |  |  | $64.7 |  |  | $100.8 |  |  | $125.1 |
Wolfspeed gross margin | 34.6 | % |  | 47.8 | % |  | 40.6 | % |  | 47.6 | %
LED Products gross profit | 26.5 |  |  | 43.5 |  |  | 48.6 |  |  | 84.8 |
LED Products gross margin | 22.2 | % |  | 30.0 | % |  | 20.7 | % |  | 29.0 | %
Total segment gross profit | 68.3 |  |  | 108.2 |  |  | 149.4 |  |  | 209.9 |
Unallocated costs | (6.4) |  |  | (4.7) |  |  | (13.3) |  |  | (6.9) |
COGS acquisition related costs | — |  |  | — |  |  | — |  |  | (1.2) |
Consolidated gross profit | $61.9 |  |  | $103.5 |  |  | $136.1 |  |  | $201.8 |
Consolidated gross margin | 25.8 | % |  | 36.9 | % |  | 28.2 | % |  | 36.4 | %
Schedule of Percentage of Revenues from External Customers by Geographic Area | Disaggregated revenue from external customers by geographic area is as follows:
| Three months ended |  |  |  |  |  |  |  | Six months ended |  |  |  |  |  |
| December 29, 2019 |  |  |  | December 30, 2018 |  |  |  | December 29, 2019 |  |  |  | December 30, 2018 |  |
(in millions of U.S. Dollars) | Revenue |  | % of Revenue |  | Revenue |  | % of Revenue |  | Revenue |  | % of Revenue |  | Revenue |  | % of Revenue
United States | $60.7 |  |  | 25.3 | % |  | $62.8 |  |  | 22.4 | % |  | $116.1 |  |  | 24.1 | % |  | $129.0 |  |  | 23.3 | %
China | 72.2 |  |  | 30.1 | % |  | 105.6 |  |  | 37.6 | % |  | 145.4 |  |  | 30.1 | % |  | 206.6 |  |  | 37.2 | %
Europe | 60.5 |  |  | 25.2 | % |  | 64.1 |  |  | 22.9 | % |  | 123.5 |  |  | 25.6 | % |  | 133.9 |  |  | 24.1 | %
Other | 46.5 |  |  | 19.4 | % |  | 48.0 |  |  | 17.1 | % |  | 97.7 |  |  | 20.2 | % |  | 85.2 |  |  | 15.4 | %
Total | $239.9 |  |  |  |  | $280.5 |  |  |  |  | $482.7 |  |  |  |  | $554.7 |  |  |
Schedule of Inventories by Segment | Inventories for each of the Company's segments were as follows:
| December 29, 2019 |  | June 30, 2019
Wolfspeed | $84.6 |  |  | $81.6 |
LED Products | 76.2 |  |  | 99.2 |
Total segment inventories | 160.8 |  |  | 180.8 |
Unallocated inventories | 4.5 |  |  | 6.6 |
Consolidated inventories | $165.3 |  |  | $187.4 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: 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 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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