Discontinued Operations (Tables)

12 Months Ended

Jul. 01, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table presents supplemental cash flow information: depreciation expense, amortization expense, stock-based compensation expense and capital expenditures of the Lumentum business (in millions):

	Years Ended
	July 2, 2016		June 27, 2015
Operating activities:
Depreciation expense	$	3.7	$	43.4
Amortization expense	0.6		7.9
Stock-based compensation expense	1.6		19.4
Investing activities:
Capital expenditures	$	5.8	$	55.9

(1) No depreciation expense, amortization expense, stock based compensation expense and capital expenditures relating to the Lumentum business are presented after the Separation Date.

The following table summarizes results from discontinued operations of the Lumentum business included in the Consolidated Statement of Operations (in millions):

	Years Ended
	July 1, 2017			July 2, 2016			June 27, 2015
Net revenues	$	—		$	66.5		$	835.2
Cost of revenues	—			49.8			569.1
Amortization of acquired technologies	—			0.6			7.5
Gross profit	—			16.1			258.6
Operating expenses:
Research and development	—			12.5			139.9
Selling, general and administrative	(0.8		)	24.7			87.5
Restructuring charges	—			0.1			7.7
Total operating expenses	(0.8		)	37.3			235.1
Income (loss) from operations	0.8			(21.2		)	23.5
Interest and other income, net	—			—			(1.1		)
Income (loss) before income taxes	0.8			(21.2		)	22.4
(Benefit from) provision for income taxes	(0.8		)	27.8			(20.9		)
Net income (loss) from discontinued operations (1)	$	1.6		$	(49.0	)	$	43.3

(1)  No income or expense relating to the Lumentum business was recorded after the Separation Date.