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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 26, 2021
Jun. 27, 2021
Current assets:    
Cash and cash equivalents $ 261.5 $ 379.0
Short-term investments 596.3 775.6
Total cash, cash equivalents and short-term investments 857.8 1,154.6
Accounts receivable, net 106.4 95.9
Inventories 183.0 166.6
Income taxes receivable 6.5 6.4
Prepaid expenses 33.3 25.7
Other current assets 43.2 27.9
Current assets held for sale 1.7 1.6
Total current assets 1,231.9 1,478.7
Property and equipment, net 1,343.3 1,292.3
Goodwill 359.2 359.2
Intangible assets, net 136.5 140.5
Long-term receivables 140.0 138.4
Deferred tax assets 1.0 1.0
Other assets 36.9 35.5
Long-term assets of discontinued operations 0.0 1.2
Total assets 3,248.8 3,446.8
Current liabilities:    
Accounts payable and accrued expenses 247.7 381.1
Accrued contract liabilities 25.6 22.9
Income taxes payable 0.4 0.4
Finance lease liabilities 8.7 5.2
Other current liabilities 36.6 38.6
Current liabilities of discontinued operations 0.0 0.6
Total current liabilities 319.0 448.8
Long-term liabilities:    
Convertible notes, net 834.4 823.9
Deferred tax liabilities 2.7 2.5
Finance lease liabilities - long-term 9.9 10.0
Other long-term liabilities 43.4 44.5
Long-term liabilities of discontinued operations 0.0 0.6
Total long-term liabilities 890.4 881.5
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at September 26, 2021 and June 27, 2021; none issued and outstanding 0.0 0.0
Common stock, par value $0.00125; 200,000 shares authorized at September 26, 2021 and June 27, 2021; 116,186 and 115,691 shares issued and outstanding at September 26, 2021 and June 27, 2021, respectively 0.1 0.1
Additional paid-in-capital 3,670.6 3,676.8
Accumulated other comprehensive income 1.9 2.7
Accumulated deficit (1,633.2) (1,563.1)
Total shareholders’ equity 2,039.4 2,116.5
Total liabilities and shareholders’ equity $ 3,248.8 $ 3,446.8