Earnings Per Share (Tables)

12 Months Ended

Jun. 29, 2024

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):

	Years Ended
	June 29, 2024		July 1, 2023		July 2, 2022
Numerator:
Net income (loss) - basic and diluted	$	(546.5)	$	(131.6)	$	198.9
Denominator:
Weighted average common shares outstanding - basic	67.3		68.3		71.2
Effect of dilutive securities from stock-based benefit plans	—		—		0.6
Shares issuable assuming conversion of the convertible notes	—		—		2.4
Weighted average common shares outstanding - diluted	67.3		68.3		74.2
Net income (loss) per share:
Basic	$	(8.12)	$	(1.93)	$	2.79
Diluted	$	(8.12)	$	(1.93)	$	2.68