Revenue Recognition (Tables)

6 Months Ended

Dec. 28, 2024

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								Six Months Ended
	December 28, 2024				December 30, 2023				December 28, 2024				December 30, 2023
	Amount		% of Total		Amount		% of Total		Amount		% of Total		Amount		% of Total
Cloud & Networking	$	339.2	84.3	%	286.7		78.2	%	$	621.5	84.1	%	$	516.4	75.5	%
Industrial Tech	63.0		15.7	%	80.1		21.8	%	117.6		15.9	%	168.0		24.5	%
Net revenue	$	402.2	100.0	%	$	366.8	100.0	%	$	739.1	100.0	%	$	684.4	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	December 28, 2024		June 29, 2024		Change		Percentage Change
Accounts receivable, net	Accounts receivable, net	$	226.9	$	194.7	$	32.2	16.5	%
Deferred revenue and customer deposits	Other current liabilities	$	0.7	$	0.6	$	0.1	16.7	%