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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 29, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 323.0 $ 500.5
Short-term investments 529.9 550.9
Total cash, cash equivalents and short-term investments 852.9 1,051.4
Accounts receivable, net 161.0 128.9
Inventories 170.1 187.4
Income taxes receivable 6.1 0.2
Prepaid expenses 27.7 23.3
Other current assets 12.2 19.7
Current assets held for sale 0.2 1.9
Total current assets 1,230.2 1,412.8
Property and equipment, net 737.6 625.2
Goodwill 530.0 530.0
Intangible assets, net 183.6 197.9
Other long-term investments 31.5 39.5
Deferred tax assets 6.7 5.6
Other assets 18.3 5.9
Total assets 2,737.9 2,816.9
Current liabilities:    
Accounts payable and accrued expenses 184.8 200.9
Accrued contract liabilities 45.1 45.8
Income taxes payable 1.2 3.0
Finance lease liabilities 0.6 0.0
Other current liabilities 19.7 18.5
Total current liabilities 251.4 268.2
Long-term liabilities:    
Convertible notes, net 486.3 469.1
Deferred tax liabilities 2.3 2.0
Finance lease liabilities - long-term 2.2 0.0
Other long-term liabilities 50.7 36.4
Total long-term liabilities 541.5 507.5
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at March 29, 2020 and June 30, 2019; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at March 29, 2020 and June 30, 2019; 108,153 and 106,570 shares issued and outstanding at March 29, 2020 and June 30, 2019, respectively 0.1 0.1
Additional paid-in-capital 2,931.3 2,874.1
Accumulated other comprehensive income 7.8 9.5
Accumulated deficit (999.7) (847.5)
Total shareholders’ equity 1,939.5 2,036.2
Non-controlling interest 5.5 5.0
Total equity 1,945.0 2,041.2
Total liabilities and shareholders’ equity $ 2,737.9 $ 2,816.9