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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 448.8 $ 500.5
Short-term investments 790.9 541.5
Total cash, cash equivalents and short-term investments 1,239.7 1,042.0
Accounts receivable, net 72.4 69.2
Inventories 121.9 111.8
Income taxes receivable 6.6 0.2
Prepaid expenses 26.2 23.2
Other current assets 8.7 13.3
Current assets held for sale 1.3 1.9
Current assets of discontinued operations 116.0 151.2
Total current assets 1,592.8 1,412.8
Property and equipment, net 770.8 560.6
Goodwill 349.7 349.7
Intangible assets, net 156.9 174.1
Other long-term investments 55.9 39.5
Deferred tax assets 1.2 0.9
Other assets 33.6 5.9
Long-term assets of discontinued operations 270.1 273.4
Total assets 3,231.0 2,816.9
Current liabilities:    
Accounts payable and accrued expenses 189.8 164.5
Accrued contract liabilities 14.2 15.1
Income taxes payable 1.2 1.3
Finance lease liabilities 3.6 0.0
Other current liabilities 22.2 15.8
Current liabilities of discontinued operations 60.2 71.5
Total current liabilities 291.2 268.2
Long-term liabilities:    
Convertible notes, net 783.8 469.1
Deferred tax liabilities 1.8 2.0
Finance lease liabilities - long-term 11.4 0.0
Other long-term liabilities 43.8 28.8
Long-term liabilities of discontinued operations 9.8 7.6
Total long-term liabilities 850.6 507.5
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at June 28, 2020 and June 30, 2019; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at June 28, 2020 and June 30, 2019; 109,230 and 106,570 shares issued and outstanding at June 28, 2020 and June 30, 2019, respectively 0.1 0.1
Additional paid-in-capital 3,106.2 2,874.1
Accumulated other comprehensive income 16.0 9.5
Accumulated deficit (1,039.2) (847.5)
Total shareholders’ equity 2,083.1 2,036.2
Noncontrolling interest from discontinued operations 6.1 5.0
Total equity 2,089.2 2,041.2
Total liabilities and shareholders’ equity $ 3,231.0 $ 2,816.9