Impairment of Long-Lived Assets

12 Months Ended

Jun. 29, 2019

Impairment of Long Lived Assets Disclosure [Abstract]

Impairment of Long-Lived Assets [Text Block]

During the fiscal years ended June 29, 2019, June 30, 2018 and June 24, 2017, the Company recorded $0.8 million, $0.9 million and $7.5 million, respectively, in impairment of long-lived assets in the Company's Consolidated Statements of Income. The impairments were primarily associated with certain investments in privately held companies. The Company uses various inputs to evaluate investments in privately held companies including valuations of recent financing events as well as other information regarding the issuer’s historical and forecasted performance. The Company reached its conclusion regarding the asset impairment due to changes, during the respective fiscal years, in the financial condition of certain investments in privately held companies which indicated an other than temporary impairment. )