XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.1

Goodwill and Intangible Assets (Tables)

9 Months Ended

Mar. 27, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Components of Intangible Assets

The following table presents the components of intangible assets, net:

			March 27, 2022																		June 27, 2021
(in millions of U.S. Dollars)			Gross						Accumulated Amortization						Net						Gross						Accumulated Amortization						Net
Customer relationships			$96.8						($29.7)						$67.1						$96.8						($25.1)						$71.7
Developed technology			68.0						(32.2)						35.8						68.0						(28.2)						39.8
Non-compete agreements			12.2						(12.1)						0.1						12.2						(10.1)						2.1
Acquisition related intangible assets			177.0						(74.0)						103.0						177.0						(63.4)						113.6
Patent and licensing rights			64.2						(38.9)						25.3						67.1						(40.2)						26.9
Total intangible assets			$241.2						($112.9)						$128.3						$244.1						($103.6)						$140.5

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 (remainder of fiscal 2022)			$2.9						$1.3						$4.2
June 25, 2023			11.0						4.4						15.4
June 30, 2024			10.4						3.7						14.1
June 29, 2025			10.4						2.8						13.2
June 28, 2026			9.3						2.1						11.4
Thereafter			59.0						11.0						70.0
Total future amortization expense			$103.0						$25.3						$128.3

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration