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

12 Months Ended

Jun. 30, 2018

The following tables summarize the effect of the reclassification on certain key items of our previously issued consolidated statements of cash flows for the fiscal years ended July 1, 2017 and July 2, 2016:



	Year Ended July 1, 2017
	As Previously Reported		As Restated		Change		Increase (Decrease)
	(Thousands)						%
Selected Cash Flow Amounts
Changes in operating assets and liabilities: accounts payable	9,643		17,819		8,176		84.8
Net cash provided by operating activities	87,378		95,554		8,176		9.4
Purchases of property and equipment	(61,893	)	(70,069	)	(8,176	)	13.2
Net cash used in investing activities	(99,078	)	(107,254	)	(8,176	)	8.3
Net increase (decrease) in cash and cash equivalents	123,341		123,341		—		—



	Year Ended July 2, 2016
	As Previously Reported		As Restated		Change		Increase (Decrease)
	(Thousands)						%
Selected Cash Flow Amounts
Changes in operating assets and liabilities: accounts payable	9,455		11,293		1,838		19.4
Net cash provided by operating activities	6,267		8,105		1,838		29.3
Purchases of property and equipment	(27,750	)	(29,588	)	(1,838	)	6.6
Net cash used in investing activities	(25,332	)	(27,170	)	(1,838	)	7.3
Net increase (decrease) in cash and cash equivalents	(15,911	)	(15,911	)	—		—

Schedule of Cash and Cash Equivalents

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



	June 30, 2018		July 1, 2017
	(Thousands)
Cash and cash equivalents:
Cash-in-bank	$	88,297	$	79,259
Money market funds	153,392		99,037
Commercial paper	3,999		22,981
Corporate bonds	—		2,012
U.S. agency securities	—		15,981
	$	245,688	$	219,270

Schedule of Short-term Investments

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



	June 30, 2018		July 1, 2017
	(Thousands)
Short-term investments:
Commercial paper	$	41,401	$	23,459
Corporate bonds	4,100		10,094
U.S. Treasury securities	31,939		4,006
	$	77,440	$	37,559

Schedule of Inventories

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



	June 30, 2018		July 1, 2017
	(Thousands)
Inventories:
Raw materials	$	30,488	$	32,421
Work-in-process	54,503		40,171
Finished goods	21,687		28,476
	$	106,678	$	101,068

Schedule of Property and Equipment, Net

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



	June 30, 2018			July 1, 2017
	(Thousands)
Property and equipment, net:
Buildings and improvements	$	12,086		$	10,222
Plant and machinery	137,301			99,779
Fixtures, fittings and equipment	3,526			3,225
Computer software and equipment	22,721			15,901
	175,634			129,127
Less: accumulated depreciation	(38,196		)	(14,794		)
	$	137,438		$	114,333

Schedule of Accrued Expenses and Other Liabilities

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



	June 30, 2018		July 1, 2017
	(Thousands)
Accrued expenses and other liabilities:
Trade payables	$	392	$	7,805
Compensation and benefits related accruals	14,167		13,837
Warranty accrual	3,879		4,124
Purchase commitments in excess of future demand, current	6,321		4,009
Other accruals	16,927		12,724
	$	41,686	$	42,499