Revenue Recognition (Tables)

3 Months Ended

Sep. 30, 2023

Revenue Recognition and Deferred Revenue [Abstract]

Schedule of Concentration Risks

The table below discloses our total net revenue attributable to each of our two reportable segments (in millions, except percentage data):

	Three Months Ended
	September 30, 2023				October 1, 2022
	Amount		% of Total		Amount		% of Total
Cloud & Networking	$	229.7	72.3	%	$	360.1	71.1	%
Industrial Tech	87.9		27.7	%	146.7		28.9	%
Net revenue	$	317.6	100.0	%	$	506.8	100.0	%

Schedule of Changes in Contract Balances

The following table reflects the changes in contract balances for the periods presented (in millions, except percentages):

Contract balances	Balance sheet location	September 30, 2023		July 1, 2023		Change		Percentage Change
Accounts receivable, net	Accounts receivable, net	$	220.0	$	246.1	$	(26.1)	(10.6)	%
Deferred revenue and customer deposits	Other current liabilities	$	1.6	$	2.1	$	(0.5)	(23.8)	%