XML 18 R7.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Deficit
Accumulated Deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Balance at the beginning of the period at Jul. 02, 2022 $ 1,875.0 $ (340.9) $ 0.1 $ 2,003.6 $ (426.5) $ (129.1) $ 85.6 $ 0.4
Balance at the beginning of period (in shares) at Jul. 02, 2022     68.0          
Increase (Decrease) in Stockholders' Equity                
Net loss (0.4)         (0.4)    
Other comprehensive income (loss) (0.6)             (0.6)
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)     0.7          
Withholding taxes related to net share settlement of restricted stock units (22.4)     (22.4)        
Withholding taxes related to net share settlement of restricted stock units (in shares)     (0.2)          
Repurchases of common stock (25.7)         (25.7)    
Repurchases of common stock (in shares)     (0.3)          
Stock-based compensation 41.4     41.4        
Balance at the end of the period at Oct. 01, 2022 1,526.4   $ 0.1 1,596.1   (69.6)   (0.2)
Balance at the end of period (in shares) at Oct. 01, 2022     68.2          
Balance at the beginning of the period at Jul. 02, 2022 1,875.0 $ (340.9) $ 0.1 2,003.6 $ (426.5) (129.1) $ 85.6 0.4
Balance at the beginning of period (in shares) at Jul. 02, 2022     68.0          
Increase (Decrease) in Stockholders' Equity                
Net loss (71.4)              
Other comprehensive income (loss) 6.7              
Balance at the end of the period at Apr. 01, 2023 1,538.0   $ 0.1 1,671.4   (140.6)   7.1
Balance at the end of period (in shares) at Apr. 01, 2023     68.7          
Balance at the beginning of the period at Oct. 01, 2022 1,526.4   $ 0.1 1,596.1   (69.6)   (0.2)
Balance at the beginning of period (in shares) at Oct. 01, 2022     68.2          
Increase (Decrease) in Stockholders' Equity                
Net loss (31.7)         (31.7)    
Other comprehensive income (loss) 3.6             3.6
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)     0.2          
Withholding taxes related to net share settlement of restricted stock units (4.3)     (4.3)        
Withholding taxes related to net share settlement of restricted stock units (in shares)     (0.1)          
ESPP shares issued 5.7     5.7        
ESPP shares issued (in shares)     0.1          
Stock-based compensation 43.9     43.9        
Balance at the end of the period at Dec. 31, 2022 1,543.6   $ 0.1 1,641.4   (101.3)   3.4
Balance at the end of period (in shares) at Dec. 31, 2022     68.4          
Increase (Decrease) in Stockholders' Equity                
Net loss (39.3)         (39.3)    
Other comprehensive income (loss) 3.7             3.7
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)     0.4          
Withholding taxes related to net share settlement of restricted stock units (6.7)     (6.7)        
Withholding taxes related to net share settlement of restricted stock units (in shares)     (0.1)          
ESPP shares issued 0.9     0.9        
Stock-based compensation 35.8     35.8        
Balance at the end of the period at Apr. 01, 2023 1,538.0   $ 0.1 1,671.4   (140.6)   7.1
Balance at the end of period (in shares) at Apr. 01, 2023     68.7          
Balance at the beginning of the period at Jul. 01, 2023 $ 1,355.8   $ 0.1 1,692.2   (340.6)   4.1
Balance at the beginning of period (in shares) at Jul. 01, 2023 66.4   66.4          
Increase (Decrease) in Stockholders' Equity                
Net loss $ (67.9)         (67.9)    
Other comprehensive income (loss) 1.1             1.1
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)     0.8          
Withholding taxes related to net share settlement of restricted stock units (12.9)     (12.9)        
Withholding taxes related to net share settlement of restricted stock units (in shares)     (0.2)          
Stock-based compensation 34.7     34.7        
Balance at the end of the period at Sep. 30, 2023 1,310.8   $ 0.1 1,714.0   (408.5)   5.2
Balance at the end of period (in shares) at Sep. 30, 2023     67.0          
Balance at the beginning of the period at Jul. 01, 2023 $ 1,355.8   $ 0.1 1,692.2   (340.6)   4.1
Balance at the beginning of period (in shares) at Jul. 01, 2023 66.4   66.4          
Increase (Decrease) in Stockholders' Equity                
Net loss $ (294.0)              
Other comprehensive income (loss) 4.7              
Balance at the end of the period at Mar. 30, 2024 $ 1,176.7   $ 0.1 1,802.4   (634.6)   8.8
Balance at the end of period (in shares) at Mar. 30, 2024 67.6   67.6          
Balance at the beginning of the period at Sep. 30, 2023 $ 1,310.8   $ 0.1 1,714.0   (408.5)   5.2
Balance at the beginning of period (in shares) at Sep. 30, 2023     67.0          
Increase (Decrease) in Stockholders' Equity                
Net loss (99.1)         (99.1)    
Other comprehensive income (loss) 4.0             4.0
Equity awards pursuant to merger agreement 23.5     23.5        
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)     0.3          
Withholding taxes related to net share settlement of restricted stock units (3.2)     (3.2)        
Withholding taxes related to net share settlement of restricted stock units (in shares)     (0.1)          
ESPP shares issued 7.3     7.3        
ESPP shares issued (in shares)     0.2          
Stock-based compensation 34.5     34.5        
Balance at the end of the period at Dec. 30, 2023 1,277.8   $ 0.1 1,776.1   (507.6)   9.2
Balance at the end of period (in shares) at Dec. 30, 2023     67.4          
Increase (Decrease) in Stockholders' Equity                
Net loss (127.0)         (127.0)    
Other comprehensive income (loss) (0.4)             (0.4)
Issuance of shares in connection with vesting of restricted stock units and performance stock units (in shares)     0.3          
Withholding taxes related to net share settlement of restricted stock units (4.5)     (4.5)        
Withholding taxes related to net share settlement of restricted stock units (in shares)     (0.1)          
Stock-based compensation 30.8     30.8        
Balance at the end of the period at Mar. 30, 2024 $ 1,176.7   $ 0.1 $ 1,802.4   $ (634.6)   $ 8.8
Balance at the end of period (in shares) at Mar. 30, 2024 67.6   67.6