Investments and Forward Contracts (Tables)

6 Months Ended

Jan. 02, 2021

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 January 2, 2021 (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

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		Fair Value
Available-for-sale securities:
Asset-backed securities	$	0.9	$	—	$	(0.4)	$	0.5
Total available-for-sale securities	$	0.9	$	—	$	(0.4)	$	0.5

Schedule of Contractual Maturities of Available-for-sale Securities

During the three and six months ended January 2, 2021 and December 28, 2019, the Company recorded no other-than-temporary impairment charges in each respective period.

The following table presents contractual maturities of the Company’s debt securities classified as available-for-sale as of January 2, 2021, (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