XML 46 R34.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenues from contracts with customers (Tables)
 12 Months Ended
Jun. 24, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Activity in the Company's Contract Assets and Contract Liabilities
The following tables summarize the activity in the Company’s contract assets and contract liabilities during the years ended June 24, 2022 and June 25, 2021:
(amount in thousands)Contract 
Assets
Balance as of June 26, 2020$13,256 
Revenue recognized65,182 
Amounts collected or invoiced(66,560)
Balance as of June 25, 202111,878 
Revenue recognized61,086 
Amounts collected or invoiced(59,500)
Balance as of June 24, 2022$13,464 

(amount in thousands)Contract 
Liabilities
Balance as of June 26, 2020$1,556 
Advance payment received during the year18,360 
Revenue recognized(18,236)
Balance as of June 25, 20211,680 
Advance payment received during the year5,927 
Revenue recognized(5,625)
Balance as of June 24, 2022$1,982 
Schedule of Disaggregation of Revenue by Geographical Regions
The following table presents total revenues by geographic regions:
(amount in thousands, except percentages)Year ended June 24,
2022		As a %
of Total
Revenues		Year ended June 25,
2021		As a %
of Total
Revenues		Year ended June 26,
2020		As a %
of Total
Revenues
North America$1,114,504 49.3 %$887,536 47.2 %$830,888 50.6 %
Asia-Pacific838,051 37.0 668,597 35.6 552,923 33.7 
Europe309,669 13.7 323,217 17.2 258,025 15.7 
$2,262,224 100.0 %$1,879,350 100.0 %$1,641,836 100.0 %
Years Ended
(amount in thousands)June 24,
2022		June 25,
2021		June 26,
2020
North America
U.S.1,099,244 884,862 829,567 
Others (1)
15,260 2,674 1,321 
   Total revenue in North America1,114,504 887,536 830,888 
Asia-Pacific and others
India278,117 152,249 91 
Malaysia212,286 157,213 190,574 
Israel101,058 107,584 315 
Hong Kong83,651 87,235 92,655 
Japan60,121 69,779 101,588 
China55,201 51,597 48,192 
Thailand36,489 27,081 98,330 
Others11,128 15,859 21,178 
   Total revenue in Asia-Pacific and others838,051 668,597 552,923 
Europe
Ireland133,225 193,103 110,747 
U.K.90,921 60,516 67,589 
Germany40,794 28,163 45,628 
Others44,729 41,435 34,061 
   Total revenue in Europe$309,669 $323,217 $258,025 
         Total revenue$2,262,224 $1,879,350 $1,641,836 
(1)Others includes revenues from external customers based in our country of domicile, the Cayman Islands, which for each year presented is $0.
Schedule of Revenues by End Market
The following table presents revenues by end market.
(amount in thousands, except percentages)Year ended June 24,
2022		As a %
of Total
Revenues		Year ended June 25,
2021		As a %
of Total
Revenues		Year ended June 26,
2020		As a %
of Total
Revenues
Optical communications$1,782,799 78.8 %$1,441,338 76.7 %$1,248,174 76.0 %
Lasers, sensors and other479,425 21.2 438,012 23.3 393,662 24.0 
Total$2,262,224 100.0 %$1,879,350 100.0 %$1,641,836 100.0 %