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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 29, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 433.3 $ 500.5
Short-term investments 560.6 550.9
Total cash, cash equivalents and short-term investments 993.9 1,051.4
Accounts receivable, net 137.6 128.9
Inventories 182.9 187.4
Income taxes receivable 0.0 0.2
Prepaid expenses 22.8 23.3
Other current assets 15.6 19.7
Current assets held for sale 0.2 1.9
Total current assets 1,353.0 1,412.8
Property and equipment, net 656.5 625.2
Goodwill 530.0 530.0
Intangible assets, net 191.9 197.9
Other long-term investments 42.9 39.5
Deferred tax assets 5.1 5.6
Other assets 17.2 5.9
Total assets 2,796.6 2,816.9
Current liabilities:    
Accounts payable and accrued expenses 174.5 200.9
Income taxes payable 1.4 3.0
Accrued contract liabilities 43.2 45.8
Other current liabilities 23.6 18.5
Total current liabilities 242.7 268.2
Long-term liabilities:    
Convertible notes, net 474.7 469.1
Deferred tax liabilities 1.5 2.0
Other long-term liabilities 52.1 36.4
Total long-term liabilities 528.3 507.5
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at September 29, 2019 and June 30, 2019; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at September 29, 2019 and June 30, 2019; 107,697 and 106,570 shares issued and outstanding at September 29, 2019 and June 30, 2019, respectively 0.1 0.1
Additional paid-in-capital 2,895.8 2,874.1
Accumulated other comprehensive income 10.0 9.5
Accumulated deficit (885.3) (847.5)
Total shareholders’ equity 2,020.6 2,036.2
Non-controlling interest 5.0 5.0
Total equity 2,025.6 2,041.2
Total liabilities and shareholders’ equity $ 2,796.6 $ 2,816.9