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Selected Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Jun. 29, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Consolidated Statements
The following table presents the Company’s selected quarterly financial information from the Consolidated Statements of Operations for fiscal 2019 and 2018 (in millions, except per share data):
 
June 29, 2019
 
March 30, 2019
 
December 29, 2018
 
September 29, 2018
 
June 30, 2018
 
March 31, 2018
 
December 30, 2017
 
September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net revenue
$
289.7

 
$
265.2

 
$
306.9

 
$
268.5

 
$
260.7

 
$
218.7

 
$
205.4

 
$
190.9

Gross profit
169.5

 
153.5

 
178.0

 
150.4

 
133.0

 
123.3

 
119.4

 
112.7

Net income (loss) from continuing operations, net of tax
12.5

 
(4.8
)
 
15.4

 
(15.3
)
 
(29.2
)
 
(10.7
)
 
(1.1
)
 
(7.6
)
Net income (loss) from discontinued operations, net of tax

 

 
(2.4
)
 

 

 

 

 

Net income (loss)
$
12.5

 
$
(4.8
)
 
$
13.0

 
$
(15.3
)
 
$
(29.2
)
 
$
(10.7
)
 
$
(1.1
)
 
$
(7.6
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share from - basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations (1)
$
0.05

 
$
(0.02
)
 
$
0.07

 
$
(0.07
)
 
$
(0.13
)
 
$
(0.05
)
 
$

 
$
(0.03
)
Discontinued operations (1)

 

 
(0.01
)
 

 

 

 

 

Net income (loss) (1)
$
0.05

 
$
(0.02
)
 
$
0.06

 
$
(0.07
)
 
$
(0.13
)
 
$
(0.05
)
 
$

 
$
(0.03
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) per share from - diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Continuing operations (1)
$
0.05

 
$
(0.02
)
 
$
0.07

 
$
(0.07
)
 
$
(0.13
)
 
$
(0.05
)
 
$

 
$
(0.03
)
Discontinued operations (1)

 

 
(0.01
)
 

 

 

 

 

Net income (loss) (1)
$
0.05

 
$
(0.02
)
 
$
0.06

 
$
(0.07
)
 
$
(0.13
)
 
$
(0.05
)
 
$

 
$
(0.03
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Shares used in per-share calculation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Basic
228.7

 
228.3

 
228.3

 
227.2

 
226.5

 
226.3

 
227.4

 
228.1

  Diluted
232.5

 
228.3

 
230.4

 
227.2

 
226.5

 
226.3

 
227.4

 
228.1


(1)
Net income (loss) per share is computed independently for each of the fiscal quarters presented. Therefore, the sum of the quarterly basic and diluted net income (loss) per share amounts may not equal the annual basic and diluted net income (loss) per share amount for the full fiscal years.