Investments and Forward Contracts (Tables)

12 Months Ended

Jun. 27, 2020

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities

The following table presents the Company’s available-for-sale securities as of June 27, 2020 (in millions):

	Amortized Cost/ Carrying Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Available-for-sale debt securities:
Asset-backed securities	$	0.9	$	—	$	(0.4	)	$	0.5
Total available-for-sale debt securities	$	0.9	$	—	$	(0.4	)	$	0.5

As of June 29, 2019, the Company’s available-for-sale securities are as follows (in millions):

	Amortized Cost/ Carrying Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Available-for-sale securities:
Asset-backed securities	$	0.9	$	—	$	(0.3	)	$	0.6
Total available-for-sale securities	$	0.9	$	—	$	(0.3	)	$	0.6

Schedule of Gross Unrealized Losses on Available-for-sale Securities

As of June 27, 2020, the Company’s total gross unrealized losses on available-for-sale securities, aggregated by type of investment instrument, are as follows (in millions):

	Less than 12 Months		Greater than 12 Months			Total
Asset-backed securities	$	—	$	(0.4	)	$	(0.4	)
Total gross unrealized losses	$	—	$	(0.4	)	$	(0.4	)

As of June 29, 2019, the Company’s total gross unrealized losses on available-for-sale securities, aggregated by investment type, are as follows (in millions):

	Less than 12 Months		Greater than 12 Months			Total
Asset-backed securities	$	—	$	(0.3	)	$	(0.3	)
Total gross unrealized losses	$	—	$	(0.3	)	$	(0.3	)

Schedule of Contractual Maturities of Available-for-sale Securities

As of June 27, 2020, the Company’s debt securities classified as available-for-sale securities with contractual maturities are as follows (in millions):

	Amortized Cost/Carrying Cost		Estimated Fair Value
Amounts maturing in more than 5 years	$	0.9	$	0.5
Total debt available-for-sale securities	$	0.9	$	0.5