Basis of Preparation and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Jul. 01, 2017

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents

The following table provides details regarding our cash and cash equivalents at the dates indicated:

	July 1, 2017		July 2, 2016
	(Thousands)
Cash and cash equivalents:
Cash-in-bank	$	79,259	$	70,925
Money market funds	99,037		25,004
Commercial paper	22,981		—
Corporate bonds	2,012		—
U.S. agency securities	15,981		—
	$	219,270	$	95,929

Schedule of Short-term Investments

The following table provides details regarding our short-term investments at the dates indicated:

	July 1, 2017		July 2, 2016
	(Thousands)
Short-term investments:
Commercial paper	$	23,459	$	—
Corporate bonds	10,094		—
U.S. Treasury securities	4,006		—
	$	37,559	$	—

Schedule of Inventories

The following table provides details regarding our inventories at the dates indicated:

	July 1, 2017		July 2, 2016
	(Thousands)
Inventories:
Raw materials	$	32,421	$	23,751
Work-in-process	35,094		32,819
Finished goods	33,553		19,799
	$	101,068	$	76,369

Schedule of Property and Equipment, Net

The following table provides details regarding our property and equipment, net at the dates indicated:

	July 1, 2017			July 2, 2016
	(Thousands)
Property and equipment, net:
Buildings and improvements	$	10,222		$	10,389
Plant and machinery	99,779			59,696
Fixtures, fittings and equipment	3,225			3,005
Computer equipment	15,901			9,846
	129,127			82,936
Less: accumulated depreciation	(14,794		)	(17,891		)
	$	114,333		$	65,045

Schedule of Accrued Expenses and Other Liabilities

The following table provides details for our accrued expenses and other liabilities at the dates indicated:

	July 1, 2017		July 2, 2016
	(Thousands)
Accrued expenses and other liabilities:
Trade payables	$	7,805	$	6,429
Compensation and benefits related accruals	13,837		14,038
Warranty accrual	4,124		3,827
Accrued restructuring, current	—		204
Purchase commitments in excess of future demand, current	4,009		1,723
Other accruals	12,724		8,597
	$	42,499	$	34,818