XML 13 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Apr. 01, 2017
Apr. 02, 2016
Revenues:        
Product revenue $ 176.0 $ 198.5 $ 548.5 $ 607.1
Service revenue 20.0 21.9 64.8 75.1
Total net revenues 196.0 220.4 613.3 682.2
Cost of revenues:        
Product cost of revenues 63.3 70.5 196.6 209.6
Service cost of revenues 12.1 14.5 38.8 46.0
Amortization of acquired technologies 3.6 4.1 11.1 13.0
Total cost of revenues 79.0 89.1 246.5 268.6
Gross profit 117.0 131.3 366.8 413.6
Operating expenses:        
Research and development 34.1 40.0 106.1 126.0
Selling, general and administrative 76.2 80.6 228.5 261.3
Amortization of other intangibles 3.5 3.6 10.4 11.1
Restructuring and related charges 18.4 (0.1) 20.2 1.7
Total operating expenses 132.2 124.1 365.2 400.1
(Loss) income from operations (15.2) 7.2 1.6 13.5
Interest and other income (expense), net 5.0 0.8 10.1 1.4
Gain on sale of investments 51.2 39.8 186.6 39.8
Interest expense (10.7) (9.1) (29.3) (26.7)
Income from continuing operations before taxes 30.3 38.7 169.0 28.0
Provision for income taxes 4.3 9.9 15.8 13.9
Income from continuing operations, net of taxes 26.0 28.8 153.2 14.1
Income (loss) from discontinued operations, net of taxes 0.0 5.0 0.0 (45.4)
Net income (loss) $ 26.0 $ 33.8 $ 153.2 $ (31.3)
Net income (loss) per share from - basic:        
Continuing operations (in dollars per share) $ 0.11 $ 0.13 $ 0.66 $ 0.06
Discontinued operations (in dollars per share) 0.00 0.02 0.00 (0.19)
Net (loss) income per share (in dollars per share) 0.11 0.15 0.66 (0.13)
Net income (loss) per share from - diluted:        
Continuing operations (in dollars per share) 0.11 0.12 0.65 0.06
Discontinued operations (in dollars per share) 0.00 0.02 0.00 (0.19)
Net income (loss) per share (in dollars per share) $ 0.11 $ 0.14 $ 0.65 $ (0.13)
Shares used in per share calculation - basic (in shares) 229.4 232.0 230.8 234.4
Shares used in per share calculation - diluted (in shares) 234.6 234.6 235.9 237.4