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Stockholders' Equity
 6 Months Ended
Dec. 28, 2019
Stockholders' Equity Note [Abstract]  
Stockholders' Equity STOCKHOLDERS' EQUITY
A reconciliation of stockholders' equity is presented below:
 
Shares of
Common
Stock
 
Common Stock
 
Additional
Paid-in-
Capital
 
Retained Earnings / (Accumulated Deficit)
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Total
Stockholders'
Equity
 
(millions, except per share data)
Balance at June 30, 2018
288.0

 
$
2.9

 
$
3,205.5

 
$
119.0

 
$
(82.8
)
 
$
3,244.6

Net income
—

 
—

 
—

 
122.3

 
—

 
122.3

Other comprehensive income (loss)
—

 
—

 
—

 
—

 
(5.3
)
 
(5.3
)
Shares issued, pursuant to stock-based compensation arrangements, net of shares withheld for taxes
1.8

 
—

 
3.2

 
—

 
—

 
3.2

Share-based compensation
—

 
—

 
22.4

 
—

 
—

 
22.4

Dividends declared ($0.3375 per share)
—

 
—

 
—

 
(97.8)

 
—

 
(97.8)

Cumulative adjustment from adoption of new accounting standard
(see Note 3)
—

 
—

 
—

 
20.2

 
—

 
20.2

Balance at September 29, 2018
289.8

 
$
2.9

 
$
3,231.1

 
$
163.7

 
$
(88.1
)
 
$
3,309.6

Net income
—

 
—

 
—

 
254.8

 
—

 
254.8

Other comprehensive income (loss)
—

 
—

 
—

 
—

 
(3.4
)
 
(3.4
)
Shares issued, pursuant to stock-based compensation arrangements, net of shares withheld for taxes
0.2

 
—

 
3.7

 
—

 
—

 
3.7

Share-based compensation
—

 
—

 
21.5

 
—

 
—

 
21.5

Dividends declared ($0.3375 per share)
—

 
—

 
—

 
(97.8
)
 
—

 
(97.8
)
Balance at December 29, 2018
290.0

 
$
2.9

 
$
3,256.3

 
$
320.7

 
$
(91.5
)
 
$
3,488.4

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Shares of
Common
Stock
 
Common Stock
 
Additional
Paid-in-
Capital
 
Retained Earnings / (Accumulated Deficit)
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Total
Stockholders'
Equity
 
(millions, except per share data)
Balance at June 29, 2019
286.8

 
$
2.9

 
$
3,302.1

 
$
291.6

 
$
(83.2
)
 
$
3,513.4

Net income
—

 
—

 
—

 
20.0

 
—

 
20.0

Other comprehensive income (loss)
—

 
—

 
—

 
—

 
(12.8
)
 
(12.8
)
Shares issued, pursuant to stock-based compensation arrangements, net of shares withheld for taxes
1.0

 
—

 
(14.5
)
 
—

 
—

 
(14.5
)
Share-based compensation
—

 
—

 
26.8

 
—

 
—

 
26.8

Repurchase of common stock
(11.9
)
 
(0.1
)
 
—

 
(299.9
)
 
—

 
(300.0
)
Dividends declared ($0.3375 per share)
—

 
—

 
—

 
(97.1
)
 
—

 
(97.1
)
Cumulative adjustment from adoption of new accounting standard
—

 
—

 
—

 
(48.9
)
 
—

 
(48.9
)
Balance at September 28, 2019
275.9

 
$
2.8

 
$
3,314.4

 
$
(134.3
)
 
$
(96.0
)
 
$
3,086.9

Net income
—

 
—

 
—

 
298.8

 
—

 
298.8

Other comprehensive income (loss)
—

 
—

 
—

 
—

 
11.0

 
11.0

Shares issued, pursuant to stock-based compensation arrangements, net of shares withheld for taxes
0.1

 
—

 
2.1

 
—

 
—

 
2.1

Share-based compensation
—

 
—

 
16.8

 
—

 
—

 
16.8

Additional paid-in-capital as part of purchase consideration
—

 
—

 
—

 
—

 
—

 
—

Dividends declared ($0.3375 per share)
—

 
—

 
—

 
(93.2
)
 
—

 
(93.2
)
Balance at December 28, 2019
276.0

 
$
2.8

 
$
3,333.3

 
$
71.3

 
$
(85.0
)
 
$
3,322.4


The components of accumulated other comprehensive income (loss) ("AOCI"), as of the dates indicated, are as follows:
 
Unrealized Gains (Losses) on Cash
Flow
Hedging Derivatives(1)
 
Unrealized Gains
(Losses) on Available-
for-Sale Investments
 
Cumulative
Translation
Adjustment
 
Other(2)
 
Total
 
(millions)
Balances at June 30, 2018
$
1.4

 
$
—

 
$
(85.3
)
 
$
1.1

 
$
(82.8
)
Other comprehensive income (loss) before reclassifications
1.4

 
0.1

 
(10.1
)
 
—

 
(8.6
)
Less: amounts reclassified from accumulated other comprehensive income to earnings
0.1

 
—

 
—

 
—

 
0.1

Net current-period other comprehensive income (loss)
1.3

 
0.1

 
(10.1
)
 
—

 
(8.7
)
Balances at December 29, 2018
$
2.7

 
$
0.1

 
$
(95.4
)
 
$
1.1

 
$
(91.5
)
 
 
 
 
 
 
 
 
 
 
Balances at June 29, 2019
$
(4.5
)
 
$
(0.5
)
 
$
(79.9
)
 
$
1.7

 
$
(83.2
)
Other comprehensive income (loss) before reclassifications
3.7

 
—

 
(5.4
)
 
—

 
(1.7
)
Less: amounts reclassified from accumulated other comprehensive income to earnings
(1.6
)
 
—

 
—

 
1.7

 
0.1

Net current-period other comprehensive income (loss)
5.3

 
—

 
(5.4
)
 
(1.7
)
 
(1.8
)
Balances at December 28, 2019
$
0.8

 
$
(0.5
)
 
$
(85.3
)
 
$
—

 
$
(85.0
)
 
(1) 
The ending balances of AOCI related to cash flow hedges are net of tax of $0.4 million and ($1.5) million as of December 28, 2019 and December 29, 2018, respectively. The amounts reclassified from AOCI are net of tax of $0.5 million and ($0.3) million as of December 28, 2019 and December 29, 2018, respectively.
(2)
Other represents the accumulated loss on the Company's minimum pension liability adjustment. The balance at December 29, 2018 is net of tax of $0.6 million. There was no remaining balance at December 28, 2019.