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Revenues from contracts with customers
 12 Months Ended
Jun. 28, 2024
Revenue from Contract with Customer [Abstract]  
Revenues from contracts with customers Revenues from contracts with customers
Contract Assets and Liabilities
A contract asset is recognized when the Company has recognized revenues prior to an invoice for payment. Contract assets are recognized in the consolidated balance sheets under other current assets and transferred to accounts receivable when rights to payment become unconditional. No impairment for contract assets was recorded for the years ended June 28, 2024 and June 30, 2023.
As of June 28, 2024 and June 30, 2023, the Company's contract assets were de minimis.
A contract liability is recognized when the Company has advance payment arrangements with customers. Contract liabilities are recognized in the consolidated balance sheets under other payables. The contract liabilities balance is normally recognized as revenue within six months.
The following tables summarize the activity in the Company’s contract liabilities during the years ended June 28, 2024 and June 30, 2023:

(in thousands)Contract 
Liabilities
Balance as of June 24, 2022$1,982 
Advance payment received during the year14,124 
Revenue recognized(13,070)
Balance as of June 30, 20233,036 
Advance payment received during the year11,069 
Revenue recognized(6,259)
Balance as of June 28, 2024$7,846 

Revenue by Geographic Area and End Market
Total revenues are attributed to a particular geographic area based on the bill-to-location of the Company’s customers. The Company operates primarily in three geographic regions: North America; Asia-Pacific and others; and Europe.
The following table presents total revenues by geographic regions:
(in thousands, except percentages)Year ended June 28,
2024		As a %
of Total
Revenues		Year ended June 30,
2023		As a %
of Total
Revenues		Year ended June 24,
2022		As a %
of Total
Revenues
North America$1,053,141 36.5 %$1,269,965 48.0 %$1,114,504 49.3 %
Asia-Pacific1,646,055 57.1 1,143,510 43.2 838,051 37.0 
Europe183,771 6.4 231,762 8.8 309,669 13.7 
$2,882,967 100.0 %$2,645,237 100.0 %$2,262,224 100.0 %
Years Ended
(in thousands, except percentages)June 28,
2024		June 30,
2023		June 24,
2022
North America
U.S.1,041,046 1,247,422 1,099,244 
Others (1)
12,095 22,543 15,260 
   Total revenue in North America1,053,141 1,269,965 1,114,504 
Asia-Pacific and others
Israel (2)
1,049,730 341,025 101,058 
India269,304 325,478 278,117 
Malaysia117,929 162,599 212,286 
China65,497 73,094 55,201 
Hong Kong60,489 132,136 83,651 
Thailand47,339 58,850 36,489 
Japan25,094 41,105 60,121 
Others10,673 9,223 11,128 
   Total revenue in Asia-Pacific and others1,646,055 1,143,510 838,051 
Europe
U.K.87,051 125,082 90,921 
Germany42,817 54,732 40,794 
Ireland599 647 133,225 
Others53,304 51,301 44,729 
   Total revenue in Europe$183,771 $231,762 $309,669 
         Total revenue$2,882,967 $2,645,237 $2,262,224 
(1)Others includes revenues from external customers based in our country of domicile, the Cayman Islands, which for each year presented is $0.
(2)Due to increase in revenue from a significant customer.
The following table presents revenues by end market and product category.