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Subsequent Events
 3 Months Ended
Sep. 29, 2018
Subsequent Events [Abstract]  
Subsequent Events
Note 19. Subsequent Events
2033 Notes Redemption
On September 5, 2018, the Company elected to exercise its optional redemption right to redeem all $142.7 million aggregate principal amount of its outstanding 2033 Notes. The date of redemption of the Notes was October 10, 2018 (“Redemption Date”). The redemption price for the Notes equal to 100% of the principal amount plus accrued and unpaid interest thereon to, but excluding the Redemption Date. In connection with the redemption, holders of $112.0 million aggregate principal amount of Notes converted their Notes in accordance with the terms and conditions of the Notes. Note holders who converted their notes received an aggregate payout of $111.8 million in cash and were issued 231,795 shares. For additional information related to our debt refer to “Note 11. Debt.”
The Company redeemed the remaining $30.7 million aggregate principal amount of outstanding Notes in accordance with its notice of redemption dated September 5, 2018. The Company paid to the registered holders of the Notes that were redeemed an aggregate of approximately $30.8 million, including accrued and unpaid interest to, but excluding, the Redemption Date. No Notes remain outstanding following the conversions and the redemption.
Definitive Agreement
On October 30, 2018, the Company completed the acquisition of RPC Photonics, Inc., a technology leader in engineered diffuserTM to expand our 3D Sensing offering for $30.0 million in cash plus up to $53.0 million in performance-based earn out payments, net of cash acquired, subject to working capital adjustments.
Due to the closing of this acquisition subsequent to the period end, the Company is currently determining the fair value of assets acquired and liabilities assumed necessary to develop the purchase price allocation. Therefore, disclosure of the purchase price allocation to the tangible and intangible assets acquired and liabilities assumed is not practicable.