XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jul. 02, 2017
Jul. 03, 2016
Jul. 02, 2017
Jul. 03, 2016
Income Statement [Abstract]        
Net sales $ 458.1 $ 431.4 $ 1,336.5 $ 1,204.9
Cost of sales 165.4 164.5 483.2 549.6
Gross profit 292.7 266.9 853.3 655.3
Operating expenses:        
Selling, general and administrative 76.8 82.9 243.1 265.8
Research and development costs 85.1 83.0 254.3 225.7
Amortization of intangible assets 49.6 44.9 141.6 115.6
Restructuring and severance charges 11.2 4.9 19.4 58.3
Total operating expenses 222.7 215.7 658.4 665.4
Operating income 70.0 51.2 194.9 (10.1)
Other income (expense)        
Interest expense, net (23.5) (46.8) (75.4) (93.0)
Other expense, net (35.2) (5.3) (35.5) (83.7)
Gain (loss) on divestiture 0.0 125.5 (1.2) 125.5
Total other income (expense) (58.7) 73.4 (112.1) (51.2)
Income (loss) before income taxes 11.3 124.6 82.8 (61.3)
Provision for (benefit from) income taxes (2.3) 9.4 8.5 11.8
Net income (loss) $ 13.6 $ 115.2 $ 74.3 $ (73.1)
Earnings (loss) per share        
Basic (USD per share) $ 0.12 $ 1.03 $ 0.65 $ (0.69)
Diluted (USD per share) $ 0.12 $ 1.00 $ 0.64 $ (0.69)
Weighted-average common shares outstanding:        
Basic (in shares) 115.0 112.1 114.7 105.3
Diluted (in shares) 117.2 114.6 116.8 105.3
Net income (loss) $ 13.6 $ 115.2 $ 74.3 $ (73.1)
Other comprehensive income, net of taxes        
Translation adjustment 1.0 0.2 0.1 2.8
Unrealized actuarial loss on pension benefits 0.0 (0.1) (0.1) (0.2)
Other comprehensive income, net of taxes 1.0 0.1 0.0 2.6
Total comprehensive income (loss) $ 14.6 $ 115.3 $ 74.3 $ (70.5)