XML 48 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Operating Segments and Geographic Information (Tables)
3 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of information on reportable segments
Information on reportable segments utilized by our CODM is as follows (in millions):
 
Three Months Ended
 
September 30, 2017

October 1, 2016
Net revenue:
 
 
 
OpComms
$
207.9

 
$
218.3

Lasers
35.3

 
39.8

Net revenue
$
243.2

 
$
258.1

Gross profit:
 
 
 
OpComms
72.1

 
71.0

Lasers
10.6

 
17.2

Total segment gross profit
82.7

 
88.2

Unallocated amounts:
 
 
 
Stock-based compensation
(2.7
)
 
(2.0
)
Amortization of intangibles
(0.8
)
 
(1.7
)
Other charges (1)
(10.7
)
 
(2.8
)
Gross profit
$
68.5

 
$
81.7


(1) The increase in unallocated corporate items primarily relates to inventory write-downs due to canceled programs which were not allocated to the segments.
Schedule of products and services which accounted for 10% or more of total net revenue
The table below discloses the percentage of our total net revenue attributable to each of our two reportable segments. In addition, it discloses the percentage of our total net revenue attributable to our product offerings which serve the Telecom, Datacom and consumer and industrial (“Consumer and Industrial”) markets which accounted for more than 10% or more of our total net revenue during the last three fiscal years:
 
Three Months Ended
 
 
September 30, 2017
 
October 1, 2016
OpComms:
 
85.5
%
 
84.6
%
Telecom
 
45.4
%
 
64.2
%
Datacom
 
18.6
%
 
17.1
%
Consumer and Industrial
 
21.5
%
 
3.3
%
Lasers
 
14.5
%
 
15.4
%
Schedule of revenue by geographical region
The following table presents net revenue by the three geographic regions we operate in and net revenue from countries that exceeded 10% of our total net revenue (in millions, except percentage data):
 
Three Months Ended
 
September 30, 2017
 
October 1, 2016
Net revenue:
 
 
 
 
 
 
 
Americas:
 
 
 
 
 
 
 
United States
$
33.6

 
13.8
%
 
$
35.9

 
13.9
%
Mexico
24.8

 
10.3

 
39.8

 
15.4

Other Americas
2.2

 
0.9

 
4.0

 
1.5

Total Americas
$
60.6

 
25.0
%
 
$
79.7

 
30.8
%
 

 

 

 

Asia-Pacific:

 

 

 

Hong Kong
$
48.9

 
20.1
%
 
$
58.3

 
22.6
%
Japan
34.1

 
14.0

 
31.3

 
12.1

Other Asia-Pacific
74.2

 
30.5

 
65.4

 
25.3

Total Asia-Pacific
$
157.2

 
64.6
%
 
$
155.0

 
60.0
%
 

 

 

 

EMEA
$
25.4

 
10.4
%
 
$
23.4

 
9.2
%
 

 

 

 

Total net revenue
$
243.2

 

 
$
258.1

 

Schedule of long-lived assets by geographical region
Long-lived assets, namely net property, plant and equipment were identified based on the operations in the corresponding geographic areas (in millions):
 
As of
 
September 30, 2017

July 1, 2017
Property, Plant and Equipment, net
 
 
 
United States
$
94.4

 
$
88.2

China
84.2

 
82.5

Thailand
86.8

 
85.3

Other countries
28.3

 
17.5

Total long-lived assets
$
293.7

 
$
273.5