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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Millions
3 Months Ended
Sep. 26, 2015
Sep. 27, 2014
OPERATING ACTIVITIES:    
Net (loss) income $ (0.2) $ 4.3
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation expense 11.7 10.4
Stock-based compensation 6.0 4.9
Unrealized gain on derivative liability (2.2)  
Amortization of acquired technologies and other intangibles 1.8 2.0
Disposal of property, plant and equipment 0.2 (0.1)
Changes in operating assets and liabilities:    
Accounts receivable (8.6) (12.4)
Inventories (5.4) 1.6
Prepayments and other current and non-currents assets (6.4) (4.6)
Deferred taxes, net 0.2 1.9
Accounts payable 8.3 12.1
Accrued payroll and related expenses 3.6 (2.6)
Income taxes payable   (14.7)
Accrued expenses and other current and non-current liabilities 1.6 (2.4)
Net cash provided by operating activities 10.6 0.4
INVESTING ACTIVITIES:    
Purchase of property, plant and equipment (13.9) (13.8)
Net cash used in investing activities (13.9) (13.8)
FINANCING ACTIVITIES:    
Net transfers from Viavi 132.9 9.0
Payment of financing obligation related to acquisition 2.3  
Proceeds from the exercise of stock options 0.1  
Net cash provided by financing activities 130.7 9.0
Effect of exchange rates on cash and cash equivalents 0.2 (0.7)
Increase (decrease) in cash and cash equivalents 127.6 (5.1)
Cash and cash equivalents at beginning of period 14.5 19.9
Cash and cash equivalents at end of period $ 142.1 $ 14.8