Earnings Per Share (Tables)

9 Months Ended

Apr. 01, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Income (Loss) Attributable to Common Stockholders Per Share

The following table sets forth the computation of basic and diluted net income (loss) per share (in millions, except per share data):

	Three Months Ended				Nine Months Ended
	April 1, 2023		April 2, 2022		April 1, 2023		April 2, 2022
Numerator:
Net income (loss) - basic and diluted	$	(39.3)	$	26.0	$	(71.4)	$	164.2
Denominator:
Weighted average common shares outstanding - basic	68.6		71.0		68.3		72.0
Effect of dilutive securities from stock-based benefit plans	—		0.7		—		0.6
Shares issuable assuming conversion of the convertible notes	—		2.8		—		2.5
Weighted average common shares outstanding - diluted	68.6		74.5		68.3		75.1
Net income (loss) per share:
Basic	$	(0.57)	$	0.37	$	(1.05)	$	2.28
Diluted	$	(0.57)	$	0.35	$	(1.05)	$	2.19