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Goodwill and Other Intangible Assets
12 Months Ended
Jul. 02, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets
Note 10. Goodwill and Other Intangible Assets
Goodwill
The following table presents the changes in goodwill by operating segments during the year ended July 2, 2016 (in millions):
 
 
Optical Communications
 
Commercial Lasers
 
Total
Balance as of June 28, 2014 (1)
$

 
$
5.9

 
$
5.9

 
Currency translation

 
(0.3
)
 
(0.3
)
Balance as of June 27, 2015
$

 
$
5.6

 
$
5.6

 
Currency translation
$

 
$
(0.2
)
 
$
(0.2
)
Balance as of July 2, 2016
$

 
$
5.4

 
$
5.4

(1) Refer to “Note 6. Mergers and Acquisitions” for more information.
Impairment of Goodwill
We review goodwill for impairment during the fourth quarter of each fiscal year or more frequently if events or circumstances indicate that an impairment loss may have occurred. In the fourth quarter of fiscal 2016, we completed the annual impairment test of goodwill, which indicated there was no goodwill impairment. During the fiscal year ended July 2, 2016, there have been no events or circumstances that have required us to perform an interim assessment of goodwill for impairment.
Acquired Developed Technology and Other Intangibles
The following tables present details of our acquired developed technology and other intangibles (in millions):
As of July 2, 2016
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Acquired developed technology
$
103.0

 
$
(88.9
)
 
$
14.1

Other
9.4

 
(9.0
)
 
0.4

Total Intangibles
$
112.4

 
$
(97.9
)
 
$
14.5

As of June 27, 2015
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Acquired developed technology
$
103.2

 
$
(82.2
)
 
$
21.0

Other
9.4

 
(8.6
)
 
0.8

Total Intangibles
$
112.6


$
(90.8
)

$
21.8



During fiscal 2016, 2015 and 2014, we recorded $7.2 million, $8.0 million, and $9.3 million, respectively, of amortization related to acquired developed technology and other intangibles. The following table presents details of our amortization (in millions):
 
Years Ended
 
July 2, 2016
 
June 27, 2015
 
June 28, 2014
Cost of sales
$
6.8

 
$
7.6

 
$
9.0

Operating expense
0.4

 
0.4

 
0.3

Total
$
7.2

 
$
8.0

 
$
9.3


Based on the carrying amount of acquired developed technology and other intangibles as of July 2, 2016, and assuming no future impairment of the underlying assets, the estimated future amortization is as follows (in millions):
Fiscal Years
 
2017
$
6.7

2018
2.8

2019
2.6

2020
2.4

Thereafter

Total amortization
$
14.5