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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 29, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 382.6 $ 500.5
Short-term investments 568.9 550.9
Total cash, cash equivalents and short-term investments 951.5 1,051.4
Accounts receivable, net 137.2 128.9
Inventories 165.3 187.4
Income taxes receivable 1.1 0.2
Prepaid expenses 24.5 23.3
Other current assets 12.8 19.7
Current assets held for sale 0.2 1.9
Total current assets 1,292.6 1,412.8
Property and equipment, net 692.4 625.2
Goodwill 530.0 530.0
Intangible assets, net 187.7 197.9
Other long-term investments 50.7 39.5
Deferred tax assets 6.0 5.6
Other assets 23.4 5.9
Total assets 2,782.8 2,816.9
Current liabilities:    
Accounts payable and accrued expenses 176.7 200.9
Income taxes payable 2.4 3.0
Accrued contract liabilities 44.4 45.8
Other current liabilities 25.0 18.5
Total current liabilities 248.5 268.2
Long-term liabilities:    
Convertible notes, net 480.5 469.1
Deferred tax liabilities 0.0 2.0
Other long-term liabilities 57.3 36.4
Total long-term liabilities 537.8 507.5
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at December 29, 2019 and June 30, 2019; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at December 29, 2019 and June 30, 2019; 108,031 and 106,570 shares issued and outstanding at December 29, 2019 and June 30, 2019, respectively 0.1 0.1
Additional paid-in-capital 2,919.5 2,874.1
Accumulated other comprehensive income 9.7 9.5
Accumulated deficit (938.1) (847.5)
Total shareholders’ equity 1,991.2 2,036.2
Non-controlling interest 5.3 5.0
Total equity 1,996.5 2,041.2
Total liabilities and shareholders’ equity $ 2,782.8 $ 2,816.9