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Discontinued Operations (Tables)
 9 Months Ended
Mar. 28, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The following table presents the financial results of the LED Business as (loss) income from discontinued operations, net of income taxes in the Company's consolidated statements of operations:
Three months endedNine months ended
(in millions of U.S. Dollars)March 28, 2021March 29, 2020March 28, 2021March 29, 2020
Revenue, net$66.5 $101.7 $272.8 $336.0 
Cost of revenue, net50.3 81.5 213.3 267.8 
Gross profit16.2 20.2 59.5 68.2 
Operating expenses:
Research and development5.9 8.1 22.3 25.2 
Sales, general and administrative12.5 8.1 29.4 24.5 
Goodwill impairment— — 112.6 — 
Impairment on assets held for sale— — 19.5 — 
(Gain) loss on disposal or impairment of long-lived assets(0.6)0.2 (1.6)0.4 
Other operating expense6.2 5.6 18.7 9.6 
Operating (loss) income(7.8)(1.8)(141.4)8.5 
Non-operating income(0.3)(0.2)(0.3)(0.3)
(Loss) income before income taxes and loss on sale(7.5)(1.6)(141.1)8.8 
Loss on sale26.3 — 26.3 — 
(Loss) income before income taxes(33.8)(1.6)(167.4)8.8 
Income tax expense7.8 2.1 11.4 7.1 
Net (loss) income(41.6)(3.7)(178.8)1.7 
Net income attributable to noncontrolling interest0.8 0.2 1.4 0.5 
Net (loss) income attributable to controlling interest($42.4)($3.9)($180.2)$1.2 
The following table presents the assets and liabilities of the LED Business classified as discontinued operations as of June 28, 2020:
(in millions of U.S. Dollars)June 28, 2020
Assets
Short-term investments$12.0 
Accounts receivable, net41.6 
Inventories57.2 
Prepaid expenses0.1 
Other current assets5.1 
Current assets of discontinued operations116.0 
Property and equipment, net60.3 
Goodwill180.3 
Intangible assets, net22.7 
Deferred tax assets5.1 
Other assets1.7 
Long-term assets of discontinued operations270.1 
Liabilities
Accounts payable and accrued expenses31.0 
Accrued contract liabilities24.1 
Income taxes payable2.0 
Other current liabilities3.1 
Current liabilities of discontinued operations60.2 
Other long-term liabilities9.8 
Long-term liabilities of discontinued operations9.8