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Goodwill and Intangible Assets (Tables) | 12 Months Ended
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Jun. 27, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The following table summarizes changes in goodwill during the fiscal year ended June 27, 2021:
(in millions of U.S. Dollars) |
Balance at June 28, 2020 | $349.7 |
Transfer in connection with LED Business Divestiture (1) | 9.5 |
Balance at June 27, 2021 | $359.2 |
(1) In the second quarter of fiscal 2021, the Company determined that as part of its goodwill impairment analysis on held for sale assets related to the LED Business Divestiture, it was necessary to transfer a portion of goodwill from the former LED Products segment, then classified as discontinued operations, to goodwill associated with continuing operations.
Schedule of Components of Intangible Assets | Intangible assets, net included the following:
| June 27, 2021 |  | June 28, 2020
(in millions of U.S. Dollars) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $96.8 |  |  | ($25.1) |  |  | $71.7 |  |  | $96.8 |  |  | ($19.0) |  |  | $77.8 |
Developed technology | 68.0 |  |  | (28.2) |  |  | 39.8 |  |  | 68.0 |  |  | (22.8) |  |  | 45.2 |
Non-compete agreements | 12.2 |  |  | (10.1) |  |  | 2.1 |  |  | 12.2 |  |  | (7.1) |  |  | 5.1 |
Acquisition related intangible assets | 177.0 |  |  | (63.4) |  |  | 113.6 |  |  | 177.0 |  |  | (48.9) |  |  | 128.1 |
Patent and licensing rights | 67.1 |  |  | (40.2) |  |  | 26.9 |  |  | 69.3 |  |  | (40.5) |  |  | 28.8 |
Total intangible assets | 244.1 |  |  | (103.6) |  |  | 140.5 |  |  | 246.3 |  |  | (89.4) |  |  | 156.9 |
Schedule of Future Amortization Expense of Finite-lived Intangible Assets | Total future amortization expense of intangible assets is estimated to be as follows:
(in millions of U.S. Dollars) Fiscal Year Ending | Acquisition Related Intangibles |  | Patents |  | Total
June 26, 2022 | $13.5 |  |  | $4.9 |  |  | $18.4 |
June 25, 2023 | 11.0 |  |  | 4.0 |  |  | 15.0 |
June 30, 2024 | 10.4 |  |  | 3.4 |  |  | 13.8 |
June 29, 2025 | 10.4 |  |  | 2.6 |  |  | 13.0 |
June 28, 2026 | 9.3 |  |  | 1.9 |  |  | 11.2 |
Thereafter | 59.0 |  |  | 10.1 |  |  | 69.1 |
Total future amortization expense | $113.6 |  |  | $26.9 |  |  | $140.5 |

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