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Revenue Recognition
6 Months Ended
Dec. 29, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Contract liabilities and distributor-related reserves were $67.9 million as of December 29, 2024 and $88.0 million as of June 30, 2024. Contract liabilities are recorded within contract liabilities and distributor-related reserves and other long-term liabilities on the consolidated balance sheets.
Product Line Revenue
The Company's continuing operations sells products from within two product lines: Power Products and silicon carbide and GaN materials (Materials Products). Revenue from these two product lines is as follows:
 Three months endedSix months ended
(in millions of U.S. Dollars)December 29, 2024December 31, 2023December 29, 2024December 31, 2023
Power Products$90.8 $107.7 $187.9 $208.9 
Materials Products89.7 100.7 187.3 196.9 
Total$180.5 $208.4 $375.2 $405.8 
Geographic Information
The Company conducts business in several geographic areas. Revenue is attributed to a particular geographic region based on the shipping address for the products. Disaggregated continuing operations revenue from external customers by geographic area is as follows:
 Three months endedSix months ended
 December 29, 2024December 31, 2023December 29, 2024December 31, 2023
(in millions of U.S. Dollars)Revenue% of RevenueRevenue% of RevenueRevenue% of RevenueRevenue% of Revenue
Asia Pacific (1)
$64.2 35.6 %$72.7 34.9 %$159.1 42.4 %$148.0 36.5 %
Europe50.8 28.1 %58.6 28.1 %89.6 23.9 %103.2 25.4 %
Hong Kong19.2 10.6 %39.3 18.9 %52.8 14.1 %73.4 18.1 %
United States29.2 16.2 %35.0 16.8 %46.1 12.3 %65.7 16.2 %
China16.6 9.2 %2.3 1.1 %27.0 7.2 %14.3 3.5 %
Other0.5 0.3 %0.5 0.2 %0.6 0.1 %1.2 0.3 %
Total$180.5 $208.4 $375.2 $405.8 
(1) Excluding China and Hong Kong