XML 20 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Interest Rate Swaps [Member]
Change in Accounting Principle [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Change in Accounting Principle [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Interest Rate Swaps [Member]
Retained Earnings [Member]
Balance Beginning at Jun. 29, 2019 $ 1,298.2     $ 1.0 $ 866.7   $ (0.2)   $ 430.7
Balance Beginning, shares at Jun. 29, 2019       103,800,000          
Net income (loss) (114.1)               (114.1)
Interest rate swaps (10.1) $ (10.1)           $ (10.1)  
Foreign currency translation adjustment 0.0                
Issuance of common stock under stock-based compensation plans (3.1)       (3.1)        
Issuance of common stock under stock-based compensation plans, shares       600,000          
Issuance of common stock in secondary offering, net of underwriter discount and offering costs 828.1     $ 0.3 827.8        
Issuance of common stock in secondary offering, net of underwriter discount and offering costs, shares       27,200,000          
Stock-based compensation expense 16.6       16.6        
Common stock repurchased (5.0)     $ (5.0) (5.0)        
Common stock repurchased, shares       (300,000)          
Balance Ending at Jun. 27, 2020 2,010.6     $ 1.3 1,703.0   (10.3)   316.6
Balance Ending, shares at Jun. 27, 2020       131,300,000          
Net income (loss) 40.7               40.7
Interest rate swaps 5.0 5.0           5.0  
Foreign currency translation adjustment 0.0                
Issuance of common stock under stock-based compensation plans 0.8       0.8        
Issuance of common stock under stock-based compensation plans, shares       500,000          
Issuance of common stock under employee stock purchase plan 26.2       26.2        
Issuance of common stock under employee stock purchase plan, shares       700,000          
Stock-based compensation expense 22.8       22.8        
Balance Ending at Jul. 03, 2021 $ 2,106.1     $ 1.3 1,752.8   (5.3)   357.3
Balance Ending, shares at Jul. 03, 2021 132,500,000     132,500,000          
Net income (loss) $ 112.5               112.5
Interest rate swaps 16.7 $ 18.0           $ 18.0  
Foreign currency translation adjustment (1.3)           (1.3)    
Issuance of common stock under stock-based compensation plans (8.7)       (8.7)        
Issuance of common stock under stock-based compensation plans, shares       700,000          
Issuance of common stock under employee stock purchase plan 24.6       24.6        
Issuance of common stock under employee stock purchase plan, shares       500,000          
Conversion of Core-Mark shares of common stock 998.8     $ 0.2 998.6        
Conversion of Core-Mark shares of common stock, shares       19,900,000          
Conversion of Core-Mark stock-based compensation [1]     $ 9.2     $ 9.2      
Stock-based compensation expense 40.3       40.3        
Balance Ending at Jul. 02, 2022 $ 3,299.5     $ 1.5 $ 2,816.8   $ 11.4   $ 469.8
Balance Ending, shares at Jul. 02, 2022 153,600,000     153,600,000          
[1]

(1) Represents the portion of replacement stock-based compensation awards that relates to pre-combination vesting.