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Intangible Assets (Tables)
9 Months Ended
Mar. 31, 2019
Goodwill [Line Items]  
Schedule of Goodwill [Table Text Block]
Reporting Segment
Balance at March 31, 2019
Wolfspeed

$349,726

LED Products
180,278

Consolidated total

$530,004

Components of intangible assets, net
The following table presents the components of intangible assets, net (in thousands):
 
March 31, 2019
 
June 24, 2018
 
Gross
 
Accumulated Amortization
 
Net
 
Gross
 
Accumulated Amortization
 
Net
Intangible assets with finite lives:
 
 
 
 
 
 
 
 
 
 
 
Customer relationships

$147,820

 

($62,002
)
 

$85,818

 

$147,820

 

($56,558
)
 

$91,262

Developed technology
75,878

 
(23,116
)
 
52,762

 
75,878

 
(19,018
)
 
56,860

Non-compete agreements
12,231

 
(3,392
)
 
8,839

 
12,231

 
(1,142
)
 
11,089

Trade names, finite-lived
450

 
(450
)
 

 
450

 
(450
)
 

Patent and licensing rights
120,401

 
(64,804
)
 
55,597

 
119,158

 
(62,554
)
 
56,604

Total intangible assets with finite lives
356,780

 
(153,764
)
 
203,016

 
355,537

 
(139,722
)
 
215,815

Trade names, indefinite-lived

 

 

 

 

 

Total intangible assets

$356,780

 

($153,764
)
 

$203,016

 

$355,537

 

($139,722
)
 

$215,815

Schedule of future amortization expense of finite-lived intangible assets
Total future amortization expense of finite-lived intangible assets is estimated to be as follows (in thousands):
Fiscal Year Ending
 
June 30, 2019 (remainder of fiscal 2019)

$5,816

June 28, 2020
21,662

June 27, 2021
21,022

June 26, 2022
19,428

June 25, 2023
16,135

Thereafter
118,953

Total future amortization expense

$203,016