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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings (Accumulated) Deficit
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of the period at Jun. 27, 2020 $ 1,749.2 $ 0.1 $ 1,676.6 $ 64.6 $ 7.9
Balance at the beginning of period (in shares) at Jun. 27, 2020   75,100,000      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 67.1     67.1  
Other comprehensive income (1.5)       (1.5)
Issuance of shares in connection with vesting of restricted stock units and performance stock units 0.0        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)   600,000      
Withholding taxes related to net share settlement of restricted stock units (19.1)   (19.1)    
Withholding taxes related to net share settlement of restricted stock units (in shares)   (200,000)      
Exercise of stock options 0.1   0.1    
Stock-based compensation 20.3   20.3    
Balance at the end of the period at Sep. 26, 2020 1,816.1 $ 0.1 1,677.9 131.7 6.4
Balance at the end of period (in shares) at Sep. 26, 2020   75,500,000      
Balance at the beginning of the period at Jun. 27, 2020 1,749.2 $ 0.1 1,676.6 64.6 7.9
Balance at the beginning of period (in shares) at Jun. 27, 2020   75,100,000      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 375.8        
Other comprehensive income (2.2)        
Balance at the end of the period at Apr. 03, 2021 2,165.0 $ 0.1 1,718.8 440.4 5.7
Balance at the end of period (in shares) at Apr. 03, 2021   75,800,000      
Balance at the beginning of the period at Sep. 26, 2020 1,816.1 $ 0.1 1,677.9 131.7 6.4
Balance at the beginning of period (in shares) at Sep. 26, 2020   75,500,000      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 83.2     83.2  
Other comprehensive income (0.4)       (0.4)
Issuance of shares in connection with vesting of restricted stock units and performance stock units 0.0        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)   200,000      
Withholding taxes related to net share settlement of restricted stock units (7.1)   (7.1)    
Withholding taxes related to net share settlement of restricted stock units (in shares)   (100,000)      
ESPP shares issued 5.5   5.5    
ESPP shares issued (in shares)   100,000      
Stock-based compensation 24.6   24.6    
Balance at the end of the period at Dec. 26, 2020 1,921.9 $ 0.1 1,700.9 214.9 6.0
Balance at the end of period (in shares) at Dec. 26, 2020   75,700,000      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 225.5     225.5  
Other comprehensive income (0.3)       (0.3)
Issuance of shares in connection with vesting of restricted stock units and performance stock units 0.0        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)   200,000      
Withholding taxes related to net share settlement of restricted stock units (7.6)   (7.6)    
Withholding taxes related to net share settlement of restricted stock units (in shares)   (100,000)      
Exercise of stock options 0.1   0.1    
Stock-based compensation 25.4   25.4    
Balance at the end of the period at Apr. 03, 2021 2,165.0 $ 0.1 1,718.8 440.4 5.7
Balance at the end of period (in shares) at Apr. 03, 2021   75,800,000      
Balance at the beginning of the period at Jul. 03, 2021 1,972.8 $ 0.1 1,743.6 220.9 8.2
Balance at the beginning of period (in shares) at Jul. 03, 2021   73,000,000.0      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 81.5     81.5  
Other comprehensive income 0.3       0.3
Issuance of shares in connection with vesting of restricted stock units and performance stock units 0.0        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)   600,000      
Withholding taxes related to net share settlement of restricted stock units (16.6)   (16.6)    
Withholding taxes related to net share settlement of restricted stock units (in shares)   (200,000)      
Repurchases of common stock (91.7)     (91.7)  
Repurchases of common stock (in shares)   (1,100,000)      
Stock-based compensation 25.1   25.1    
Balance at the end of the period at Oct. 02, 2021 1,971.4 $ 0.1 1,752.1 210.7 8.5
Balance at the end of period (in shares) at Oct. 02, 2021   72,300,000      
Balance at the beginning of the period at Jul. 03, 2021 1,972.8 $ 0.1 1,743.6 220.9 8.2
Balance at the beginning of period (in shares) at Jul. 03, 2021   73,000,000.0      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 164.2        
Other comprehensive income $ (9.4)        
Repurchases of common stock (in shares) (2,700,000)        
Balance at the end of the period at Apr. 02, 2022 $ 1,912.1 $ 0.1 1,973.7 (60.5) (1.2)
Balance at the end of period (in shares) at Apr. 02, 2022   69,100,000      
Balance at the beginning of the period at Oct. 02, 2021 1,971.4 $ 0.1 1,752.1 210.7 8.5
Balance at the beginning of period (in shares) at Oct. 02, 2021   72,300,000      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 56.7     56.7  
Other comprehensive income (2.3)       (2.3)
Issuance of shares in connection with vesting of restricted stock units and performance stock units 0.0        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)   200,000      
Withholding taxes related to net share settlement of restricted stock units (8.3)   (8.3)    
Withholding taxes related to net share settlement of restricted stock units (in shares)   (100,000)      
ESPP shares issued 6.6   6.6    
ESPP shares issued (in shares)   100,000      
Repurchases of common stock (29.9)     (29.9)  
Repurchases of common stock (in shares)   (300,000)      
Stock-based compensation 27.7   27.7    
Balance at the end of the period at Jan. 01, 2022 2,021.9 $ 0.1 1,778.1 237.5 6.2
Balance at the end of period (in shares) at Jan. 01, 2022   72,200,000      
Increase (Decrease) in Stockholders' Equity          
Net income (loss) 26.0     26.0  
Other comprehensive income (7.4)       (7.4)
Issuance of shares in connection with vesting of restricted stock units and performance stock units 0.0        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)   300,000      
Withholding taxes related to net share settlement of restricted stock units (7.9)   (7.9)    
Withholding taxes related to net share settlement of restricted stock units (in shares)   (100,000)      
Equity component of the 2026 Notes, net of tax of $49.5 million and issuance costs of $1.9 million 179.8   179.8    
Repurchases of common stock (324.0)     (324.0)  
Repurchases of common stock (in shares)   (3,300,000)      
Stock-based compensation 23.7   23.7    
Balance at the end of the period at Apr. 02, 2022 $ 1,912.1 $ 0.1 $ 1,973.7 $ (60.5) $ (1.2)
Balance at the end of period (in shares) at Apr. 02, 2022   69,100,000