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Revenues from contracts with customers
9 Months Ended
Mar. 25, 2022
Revenue from Contract with Customer [Abstract]  
Revenues from contracts with customers Revenues from contracts with customers
Revenue by Geographic Area and End Market
Revenues are attributed to a particular geographic area based on the bill-to-location of the Company’s customers. The Company operates in three geographic regions: North America; Asia-Pacific and others; and Europe.
The following table presents total revenues by geographic region:
(amount in thousands, except percentages)Three Months Ended
March 25, 2022
As a % of Total
Revenues
Nine Months Ended
March 25, 2022
As a % of Total
Revenues
North America
   U.S.292,475 781,469 
   Others (1)
4,123 8,996 
   Total revenue in North America296,598 52.5 %790,465 47.2 %
Asia-Pacific and others 
   India70,956 210,009 
   Malaysia51,188 163,306 
   Hong Kong17,338 61,575 
   Israel16,883 67,318 
   Japan16,449 47,258 
   China12,843 40,624 
   Others10,559 34,349 
   Total revenue in Asia-Pacific and others196,216 34.8 %624,439 37.3 %
Europe
   Ireland28,640 133,024 
   U.K.21,632 64,151 
   Germany10,688 28,098 
   Others10,621 34,173 
   Total revenue in Europe$71,581 12.7 %$259,446 15.5 %
         Total revenue$564,395 100.0 %$1,674,350 100.0 %
(amount in thousands, except percentages)Three Months Ended
March 26, 2021
As a % of Total
Revenues
Nine Months Ended
March 26, 2021
As a % of Total
Revenues
North America
   U.S.230,177 661,410 
   Others (1)
618 1,459 
   Total revenue in North America230,795 48.2 %662,869 48.4 %
Asia-Pacific and others
   Malaysia22,910 107,700 
   India56,719 85,535 
   Israel25,796 82,915 
   Hong Kong21,524 63,397 
   Japan18,582 56,223 
   Others21,770 71,477 
   Total revenue in Asia-Pacific and others167,301 34.9 %467,247 34.1 %
Europe
   Ireland47,096 149,696 
   U.K.15,298 40,742 
   Germany7,543 19,596 
   Others11,284 29,633 
   Total revenue in Europe$81,221 16.9 %$239,667 17.5 %
         Total revenue$479,317 100.0 %$1,369,783 100.0 %
(1)Others includes revenues from external customers based in our country of domicile, the Cayman Islands, which for each year presented is $0.
The following table presents revenues by end market:
(amount in thousands, except percentages)Three Months Ended
March 25, 2022
As a % of Total
Revenues
Nine Months Ended
March 25, 2022
As a % of Total
Revenues
Optical communications$440,003 78.0 %$1,318,087 78.7 %
Lasers, sensors and other124,392 22.0 %356,263 21.3 %
Total$564,395 100.0 %$1,674,350 100.0 %

(amount in thousands, except percentages)Three Months Ended
March 26, 2021
As a % of Total
Revenues
Nine Months Ended
March 26, 2021
As a % of Total
Revenues
Optical communications$361,739 75.5 %$1,053,496 76.9 %
Lasers, sensors and other117,578 24.5 %316,287 23.1 %
Total$479,317 100.0 %$1,369,783 100.0 %
Contract Assets and Liabilities
A contract asset is recognized when the Company has recognized revenues prior to generating an invoice for payment. Contract assets are classified separately within the unaudited condensed consolidated balance sheets and transferred to accounts receivable when rights to payment become unconditional.
A contract liability is recognized when the Company has advance payment arrangements with customers. The contract liabilities balance is normally recognized as revenue within six months.

The following tables summarize the activity in the Company’s contract assets and contract liabilities during the nine months ended March 25, 2022:
(amount in thousands)Contract
Assets
Beginning balance, June 25, 2021
$11,878 
Revenue recognized37,195 
Amounts collected or invoiced(35,505)
Ending balance, March 25, 2022
$13,568 
(amount in thousands)Contract
Liabilities
Beginning balance, June 25, 2021
$1,680 
Advance payment received during the period4,898 
Revenue recognized(4,655)
Ending balance, March 25, 2022
$1,923