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v3.19.3.a.u2

Financial Statement Details (Tables) | 6 Months Ended
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Dec. 29, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Accounts Receivable, Net | Accounts receivable, net consisted of the following:
(in millions of U.S. Dollars) | December 29, 2019 |  | June 30, 2019
Billed trade receivables | $133.0 |  |  | $125.8 |
Unbilled contract receivables | 0.7 |  |  | 0.7 |
Royalties | 3.9 |  |  | 2.8 |
| 137.6 |  |  | 129.3 |
Allowance for bad debts | (0.4) |  |  | (0.4) |
Accounts receivable, net | $137.2 |  |  | $128.9 |
Schedule of Inventories | Inventories consisted of the following:
(in millions of U.S. Dollars) | December 29, 2019 |  | June 30, 2019
Raw material | $42.8 |  |  | $42.4 |
Work-in-progress | 81.4 |  |  | 101.1 |
Finished goods | 41.1 |  |  | 43.9 |
Inventories | $165.3 |  |  | $187.4 |
Schedule of Accounts Payable and Accrued Expenses | Accounts payable and accrued expenses consisted of the following:
(in millions of U.S. Dollars) | December 29, 2019 |  | June 30, 2019
Accounts payable, trade | $91.3 |  |  | $90.7 |
Accrued salaries and wages | 46.1 |  |  | 70.9 |
Accrued expenses | 33.7 |  |  | 34.0 |
Other | 5.6 |  |  | 5.3 |
Accounts payable and accrued expenses | $176.7 |  |  | $200.9 |
Schedule of Other Operating Expense | Other operating expense consisted of the following:
| Three months ended |  |  |  | Six months ended |  |
(in millions of U.S. Dollars) | December 29, 2019 |  | December 30, 2018 |  | December 29, 2019 |  | December 30, 2018
Factory optimization restructuring | $1.2 |  |  | $— |  |  | $2.4 |  |  | $— |
Severance and other restructuring | — |  |  | — |  |  | 0.8 |  |  | 2.6 |
Total restructuring costs | 1.2 |  |  | — |  |  | 3.2 |  |  | 2.6 |
Project, transformation and transaction costs | 10.8 |  |  | 0.2 |  |  | 13.4 |  |  | 0.6 |
Factory optimization start-up costs | 1.5 |  |  | — |  |  | 2.9 |  |  | — |
Non-restructuring related executive severance | 0.3 |  |  | — |  |  | 1.5 |  |  | — |
Other operating expense | $13.8 |  |  | $0.2 |  |  | $21.0 |  |  | $3.2 |
Schedule of Accumulated Other Comprehensive Income, Net of Taxes | Accumulated other comprehensive income, net of taxes, consisted of the following:
(in millions of U.S. Dollars) | December 29, 2019 |  | June 30, 2019
Currency translation gain | $9.5 |  |  | $9.5 |
Net unrealized gain on available-for-sale securities | 0.2 |  |  | — |
Accumulated other comprehensive income, net of taxes | $9.7 |  |  | $9.5 |
Schedule of Non-Operating Expense (Income), Net | The following table summarizes the components of non-operating (income) expense, net:
| Three months ended |  |  |  | Six months ended |  |
(in millions of U.S. Dollars) | December 29, 2019 |  | December 30, 2018 |  | December 29, 2019 |  | December 30, 2018
Foreign currency (gain) loss, net | ($1.2) |  |  | $— |  |  | ($1.1) |  |  | $0.6 |
(Gain) loss on sale of investments, net | (0.1) |  |  | 0.1 |  |  | (0.1) |  |  | 0.1 |
(Gain) loss on equity investment, net | (6.4) |  |  | 1.9 |  |  | (9.9) |  |  | 8.6 |
Interest expense, net | 2.8 |  |  | 3.6 |  |  | 4.7 |  |  | 6.0 |
Other, net | (0.2) |  |  | — |  |  | (0.3) |  |  | — |
Non-operating (income) expense, net | ($5.1) |  |  | $5.6 |  |  | ($6.7) |  |  | $15.3 |
Schedule of Noncash Operating Activities |
| Six months ended |  |
Non-cash operating activities | December 29, 2019 |  | December 30, 2018
Increase of right-of-use assets and lease liabilities(1) | $15.5 |  |  | $— |
Lease asset and liability modifications, net | 4.6 |  |  | — |
(1) $12.2 million relates to the increase of right-of-use assets and matching lease liabilities as a result of adopting ASC 842. See Note 4, "Leases", for further information.

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