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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 27, 2020
Jun. 28, 2020
Current assets:    
Cash and cash equivalents $ 388.1 $ 448.8
Short-term investments 580.6 790.9
Total cash, cash equivalents and short-term investments 968.7 1,239.7
Accounts receivable, net 82.0 72.4
Inventories 144.3 121.9
Income taxes receivable 8.0 6.6
Prepaid expenses 26.1 26.2
Other current assets 11.2 8.7
Current assets held for sale 1.7 1.3
Current assets of discontinued operations 237.3 116.0
Total current assets 1,479.3 1,592.8
Property and equipment, net 1,036.3 770.8
Goodwill 359.2 349.7
Intangible assets, net 148.9 156.9
Other long-term investments 66.1 55.9
Deferred tax assets 1.2 1.2
Other assets 33.9 33.6
Long-term assets of discontinued operations 0.0 270.1
Total assets 3,124.9 3,231.0
Current liabilities:    
Accounts payable and accrued expenses 267.3 189.8
Accrued contract liabilities 18.0 14.2
Income taxes payable 2.9 1.2
Finance lease liabilities 0.4 3.6
Other current liabilities 26.3 22.2
Current liabilities of discontinued operations 70.7 60.2
Total current liabilities 385.6 291.2
Long-term liabilities:    
Convertible notes, net 803.5 783.8
Deferred tax liabilities 4.1 1.8
Finance lease liabilities - long-term 10.2 11.4
Other long-term liabilities 49.9 43.8
Long-term liabilities of discontinued operations 0.0 9.8
Total long-term liabilities 867.7 850.6
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at December 27, 2020 and June 28, 2020; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at December 27, 2020 and June 28, 2020; 110,977 and 109,230 shares issued and outstanding at December 27, 2020 and June 28, 2020, respectively 0.1 0.1
Additional paid-in-capital 3,155.9 3,106.2
Accumulated other comprehensive income 15.5 16.0
Accumulated deficit (1,306.6) (1,039.2)
Total shareholders’ equity 1,864.9 2,083.1
Noncontrolling interest from discontinued operations 6.7 6.1
Total equity 1,871.6 2,089.2
Total liabilities and shareholders’ equity $ 3,124.9 $ 3,231.0