Accumulated Other Comprehensive Income

9 Months Ended

Mar. 31, 2012

Accumulated Other Comprehensive Income.

Accumulated Other Comprehensive Income

Note 4. Accumulated Other Comprehensive Income

The Company’s accumulated other comprehensive income consists of the accumulated net unrealized gains and losses on available-for-sale investments, foreign currency translation adjustments and defined benefit obligation.

At March 31, 2012 and July 2, 2011, balances for the components of accumulated other comprehensive income were as follows (in millions):

	March 31,			July 2,
	2012			2011
Unrealized losses on available-for-sale investments, net of tax	$	(2.7	)	$	(1.6	)
Foreign currency translation gains	16.2			20.0
Defined benefit obligation, net of tax	14.0			14.4
Accumulated other comprehensive income	$	27.5		$	32.8

The components of comprehensive income (loss), net of tax, were as follows (in millions):

	Three Months Ended					Nine Months Ended
	March 31,			April 2,		March 31,			April 2,
	2012			2011		2012			2011
Net (loss) income	$	(17.4	)	$	38.6	$	(33.4	)	$	62.3
Other comprehensive income (loss):
Net change in unrealized gains (losses) on investments, net of tax	0.5			0.3		(1.1		)	(2.6		)
Net change in cumulative translation adjustment	2.4			4.3		(3.9		)	8.6
Net change in defined benefit obligation, net of tax	—			—		(0.4		)	—
Net change in other comprehensive income (loss)	2.9			4.6		(5.4		)	6.0
Comprehensive (loss) income	$	(14.5	)	$	43.2	$	(38.8	)	$	68.3