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Discontinued Operations (Tables)
 12 Months Ended
Jun. 25, 2023
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
In addition to the $94.2 million net gain from discontinued operations recognized in fiscal year ended June 26, 2022 as a result of receiving the Earnout Note, the following table presents the financial results of the LED Business as loss from discontinued operations, net of income taxes in the Company's consolidated statements of operations for the fiscal year ended June 27, 2021:
Fiscal Year Ended
(in millions of U.S. Dollars)June 27, 2021
Revenue, net$272.8 
Cost of revenue, net213.3 
Gross profit59.5 
Operating expenses:
Research and development22.3 
Sales, general and administrative29.4 
Goodwill impairment112.6 
Impairment on assets held for sale19.5 
Gain on disposal or impairment of long-lived assets(1.6)
Other operating expense18.7 
Operating loss(141.4)
Non-operating income(0.3)
Loss before income taxes and loss on sale(141.1)
Loss on sale29.1 
Loss before income taxes(170.2)
Income tax expense11.0 
Net loss(181.2)
Net income attributable to noncontrolling interest1.4 
Net loss attributable to controlling interest($182.6)