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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Jul. 03, 2021
Apr. 03, 2021
Dec. 26, 2020
Sep. 26, 2020
Jun. 27, 2020
Mar. 28, 2020
Dec. 28, 2019
Sep. 28, 2019
Jul. 03, 2021
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]                      
Net revenue $ 392.1 $ 419.5 $ 478.8 $ 452.4 $ 368.1 $ 402.8 $ 457.8 $ 449.9 $ 1,742.8 $ 1,678.6 $ 1,565.3
Cost of sales 213.4 218.7 234.2 231.7 217.4 231.2 256.3 269.7 898.0 974.6 1,092.9
Amortization of acquired developed intangibles 15.9 15.8 15.0 15.0 15.0 13.9 12.4 12.5 61.7 53.8 46.5
Gross profit 162.8 185.0 229.6 205.7 135.7 157.7 189.1 167.7 783.1 650.2 425.9
Operating expenses:                      
Research and development 54.1 57.2 52.8 50.4 49.0 48.7 51.0 49.9 214.5 198.6 184.6
Selling, general and administrative 58.3 65.5 61.3 56.3 54.8 61.3 62.4 56.7 241.4 235.2 200.3
Restructuring and related charges 4.6 2.9 0.2 0.0 3.1 2.7 0.9 1.3 7.7 8.0 31.9
Merger termination fee and related costs, net 0.0 (207.5) 0.0 0.0 0.0 0.0 0.0 0.0 (207.5) 0.0 0.0
Impairment charges 0.0 0.0 0.0 0.0 1.8 2.5 0.0 0.0 0.0 4.3 30.7
Total operating expenses 117.0 (81.9) 114.3 106.7 108.7 115.2 114.3 107.9 256.1 446.1 447.5
Income (loss) from operations 45.8 266.9 115.3 99.0 27.0 42.5 74.8 59.8 527.0 204.1 (21.6)
Unrealized gain on derivative liability                 0.0 0.0 8.8
Interest expense (18.0) (16.4) (16.3) (16.0) (15.9) (15.6) (18.3) (11.4) (66.7) (61.2) (36.3)
Other income (expense), net 0.7 2.4 (0.9) 0.6 3.5 21.7 1.2 5.0 2.8 31.4 15.8
Income (loss) before income taxes 28.5 252.9 98.1 83.6 14.6 48.6 57.7 53.4 463.1 174.3 (33.3)
Provision for income taxes 7.0 27.4 14.9 16.5 19.2 5.2 8.6 5.8 65.8 38.8 3.1
Net income (loss) 21.5 225.5 83.2 67.1 (4.6) 43.4 49.1 47.6 397.3 135.5 (36.4)
Items reconciling net income (loss) to net income (loss) attributable to common stockholders:                      
Less: Cumulative dividends on Series A Preferred Stock                 0.0 0.0 (0.3)
Less: Earnings allocated to Series A Preferred Stock                 0.0 0.0 (1.2)
Net income (loss) attributable to common stockholders - Basic 21.5 225.5 83.2 67.1 (4.6) 43.4 49.1 47.6 397.3 135.5 (37.9)
Net income (loss) attributable to common stockholders - Diluted $ 21.5 $ 225.5 $ 83.2 $ 67.1 $ (4.6) $ 43.4 $ 49.1 $ 47.6 $ 397.3 $ 135.5 $ (37.9)
Net income (loss) per share attributable to common stockholders:                      
Basic (in dollars per share) $ 0.29 $ 2.97 $ 1.10 $ 0.89 $ (0.06) $ 0.58 $ 0.64 $ 0.62 $ 5.27 $ 1.79 $ (0.54)
Diluted (in dollars per share) $ 0.28 $ 2.85 $ 1.06 $ 0.86 $ (0.06) $ 0.56 $ 0.63 $ 0.61 $ 5.07 $ 1.75 $ (0.54)
Shares used to compute net income (loss) per share attributable to common stockholders:                      
Basic (in shares) 74.8 75.8 75.6 75.3 75.0 74.8 76.8 76.9 75.4 75.9 70.7
Diluted (in shares) 77.5 79.2 78.4 78.2 75.0 77.5 78.0 77.6 78.4 77.6 70.7