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Operating Segments and Geographic Information (Tables)
 9 Months Ended
Mar. 28, 2020
Segment Reporting [Abstract]  
Schedule of Information on Reportable Segments
The following tables presents information on the Company’s reportable segments for the three months ended March 28, 2020 and March 30, 2019 (in millions):
 
Three Months Ended March 28, 2020
 
Network and Service Enablement
 
 
 
 
 
 
 
 
 
Network Enablement
 
Service Enablement
 
Network and Service Enablement
 
Optical Security and Performance Products
 
Other Items
 
Consolidated GAAP Measures
Product revenue
$
146.0

 
$
8.6

 
$
154.6

 
$
69.2

 
$
—

 
$
223.8

Service revenue
17.9

 
14.5

 
32.4

 
—

 
—

 
32.4

Net revenue
$
163.9

 
$
23.1

 
$
187.0

 
$
69.2

 
$
—

 
$
256.2

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
$
104.3

 
$
16.0

 
$
120.3

 
$
36.4

 
$
(9.9
)
 
$
146.8

Gross margin
63.6
%
 
69.3
%
 
64.3
%
 
52.6
%
 
 
 
57.3
%
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
 
 
 
$
13.8

 
$
24.2

 
$
(28.9
)
 
$
9.1

Operating margin
 
 
 
 
7.4
%
 
35.0
%
 
 
 
3.6
%
 
Three Months Ended March 30, 2019
 
Network and Service Enablement
 
 
 
 
 
 
 
 
 
Network Enablement
 
Service Enablement
 
Network and Service Enablement
 
Optical Security and Performance Products
 
Other Items
 
Consolidated GAAP Measures
Product revenue
$
160.8

 
$
11.6

 
$
172.4

 
$
59.7

 
$
—

 
$
232.1

Service revenue
19.7

 
13.3

 
33.0

 
0.1

 
—

 
33.1

Net revenue
$
180.5

 
$
24.9

 
$
205.4

 
$
59.8

 
$
—

 
$
265.2

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
$
115.8

 
$
15.9

 
$
131.7

 
$
30.8

 
$
(9.0
)
 
$
153.5

Gross margin
64.2
%
 
63.9
%
 
64.1
%
 
51.5
%
 
 
 
57.9
%
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
 
 
 
$
20.7

 
$
18.3

 
$
(31.1
)
 
$
7.9

Operating margin
 
 
 
 
10.1
%
 
30.6
%
 
 
 
3.0
%
 
Three Months Ended
 
March 28, 2020
 
March 30, 2019
Corporate reconciling items impacting gross profit:
 
 
 
Total segment gross profit
$
156.7

 
$
162.5

Stock-based compensation
(1.2
)
 
(1.1
)
Amortization of intangibles
(8.0
)
 
(7.9
)
Other charges unrelated to core operating performance (1)
(0.7
)
 
—

GAAP gross profit
$
146.8

 
$
153.5

 
 
 
 
Corporate reconciling items impacting operating income:
 
 
 
Total segment operating income
$
38.0

 
$
39.0

Stock-based compensation
(11.7
)
 
(10.8
)
Amortization of intangibles
(16.9
)
 
(17.1
)
Other charges unrelated to core operating performance (1)
(1.9
)
 
(2.3
)
Restructuring and related (benefits) charges
1.6

 
(0.9
)
GAAP operating income from continuing operations
$
9.1

 
$
7.9


(1) 
During the three months ended March 28, 2020 and March 30, 2019, other charges unrelated to core operating performance primarily consisted of certain acquisition and integration related changes, transformational initiatives such as, site consolidations, and reorganization, loss on sale of investments and loss on disposal of long-lived assets.
The following tables presents information on the Company’s reportable segments for the nine months ended March 28, 2020 and March 30, 2019 (in millions):
 
Nine Months Ended March 28, 2020
 
Network and Service Enablement
 
 
 
 
 
 
 
 
 
Network Enablement
 
Service Enablement
 
Network and Service Enablement
 
Optical Security and Performance Products
 
Other Items
 
Consolidated GAAP Measures
Product revenue
$
507.2

 
$
34.9

 
$
542.1

 
$
228.4

 
$
—

 
$
770.5

Service revenue
58.6

 
40.3

 
98.9

 
0.3

 
—

 
99.2

Net revenue
$
565.8

 
$
75.2

 
$
641.0

 
$
228.7

 
$
—

 
$
869.7

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
$
367.1

 
$
49.4

 
$
416.5

 
$
123.3

 
$
(29.1
)
 
$
510.7

Gross margin
64.9
%
 
65.7
%
 
65.0
%
 
53.9
%
 
 
 
58.7
%
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
 
 
 
$
73.6

 
$
85.0

 
$
(83.8
)
 
$
74.8

Operating margin
 
 
 
 
11.5
%
 
37.2
%
 
 
 
8.6
%
 
Nine Months Ended March 30, 2019
 
Network and Service Enablement
 
 
 
 
 
 
 
 
 
Network Enablement
 
Service Enablement
 
Network and Service Enablement
 
Optical Security and Performance Products
 
Other Items
 
Consolidated GAAP Measures
Product revenue
$
486.7

 
$
39.0

 
$
525.7

 
$
220.3

 
$
—

 
$
746.0

Service revenue
53.8

 
40.3

 
94.1

 
0.5

 
—

 
94.6

Net revenue
$
540.5

 
$
79.3

 
$
619.8

 
$
220.8

 
$
—

 
$
840.6

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
$
344.4

 
$
54.5

 
$
398.9

 
$
112.0

 
$
(29.0
)
 
$
481.9

Gross margin
63.7
%
 
68.7
%
 
64.4
%
 
50.7
%
 
 
 
57.3
%
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
 
 
 
$
69.9

 
$
76.8

 
$
(107.1
)
 
$
39.6

Operating margin
 
 
 
 
11.3
%
 
34.8
%
 
 
 
4.7
%
 
Nine Months Ended
 
March 28, 2020
 
March 30, 2019
Corporate reconciling items impacting gross profit:
 
 
 
Total segment gross profit
$
539.8

 
$
510.9

Stock-based compensation
(3.2
)
 
(2.8
)
Amortization of intangibles
(24.8
)
 
(25.8
)
Other charges unrelated to core operating performance (1)
(1.1
)
 
(0.4
)
GAAP gross profit
$
510.7

 
$
481.9

 
 
 
 
Corporate reconciling items impacting operating income:
 
 
 
Total segment operating income
$
158.6

 
$
146.7

Stock-based compensation
(33.3
)
 
(28.5
)
Amortization of intangibles
(51.2
)
 
(55.2
)
Change in fair value of contingent liability
4.3

 
—

Other charges unrelated to core operating performance (1)
(5.8
)
 
(7.4
)
Restructuring and related (benefits) charges
2.2

 
(16.0
)
GAAP operating income from continuing operations

$
74.8

 
$
39.6

(1) 
During the nine months ended March 28, 2020 and March 30, 2019, other charges unrelated to core operating performance primarily consisted of certain acquisition and integration related changes, transformational initiatives such as, site consolidations, and reorganization, loss on sale of investments and loss on disposal of long-lived assets.
Schedule of Revenue by Geographic Regions The following tables present net revenue by the three geographic regions we operate in and net revenue from countries that exceeded 10% of our total net revenue for the three and nine months ended March 28, 2020 and March 30, 2019 (in millions):
 
Three Months Ended
 
March 28, 2020
 
March 30, 2019
 
Product Revenue
 
Service Revenue
 
Total
 
Product Revenue
 
Service Revenue
 
Total
Americas:
 
 
 
 
 
 
 
 
 
 
 
United States
$
58.5

 
$
13.3

 
$
71.8

 
$
63.4

 
$
13.7

 
$
77.1

Other Americas
12.0

 
5.0

 
17.0

 
14.4

 
3.7

 
18.1

Total Americas
$
70.5

 
$
18.3

 
$
88.8

 
$
77.8

 
$
17.4

 
$
95.2

 
 
 
 
 

 
 
 
 
 

Asia-Pacific:
 
 
 
 

 
 
 
 
 

Greater China
$
39.8

 
$
1.5

 
$
41.3

 
$
36.5

 
$
2.9

 
$
39.4

Other Asia-Pacific
29.6

 
3.4

 
33.0

 
41.0

 
2.9

 
43.9

Total Asia-Pacific
$
69.4

 
$
4.9

 
$
74.3

 
$
77.5

 
$
5.8

 
$
83.3

 
 
 
 
 

 
 
 
 
 

EMEA:
 
 
 
 

 
 
 
 
 

Switzerland
$
27.8

 
$
—

 
$
27.8

 
$
23.9

 
$
—

 
$
23.9

Other EMEA
56.1

 
9.2

 
65.3

 
52.9

 
9.9

 
62.8

Total EMEA
$
83.9

 
$
9.2

 
$
93.1

 
$
76.8

 
$
9.9

 
$
86.7

 
 
 
 
 

 
 
 
 
 

Total net revenue
$
223.8

 
$
32.4

 
$
256.2

 
$
232.1

 
$
33.1

 
$
265.2


 
Nine Months Ended
 
March 28, 2020
 
March 30, 2019
 
Product Revenue
 
Service Revenue
 
Total
 
Product Revenue
 
Service Revenue
 
Total
Americas:
 
 
 
 
 
 
 
 
 
 
 
United States
$
213.0

 
$
40.0

 
$
253.0

 
$
213.3

 
$
40.7

 
$
254.0

Other Americas
45.8

 
12.5

 
58.3

 
49.6

 
10.8

 
60.4

Total Americas
$
258.8

 
$
52.5

 
$
311.3

 
$
262.9

 
$
51.5

 
$
314.4

 
 
 
 
 
 
 
 
 
 
 
 
Asia-Pacific:
 
 
 
 
 
 
 
 
 
 
 
Greater China
$
188.7

 
$
5.0

 
$
193.7

 
$
160.0

 
$
5.2

 
$
165.2

Other Asia-Pacific
89.6

 
11.2

 
100.8

 
107.4

 
10.0

 
117.4

Total Asia-Pacific
$
278.3

 
$
16.2

 
$
294.5

 
$
267.4

 
$
15.2

 
$
282.6

 
 
 
 
 
 
 
 
 
 
 
 
EMEA:
 
 
 
 
 
 
 
 
 
 
 
Switzerland
$
53.4

 
$
0.1

 
$
53.5

 
$
72.6

 
$
—

 
$
72.6

Other EMEA
180.0

 
30.4

 
210.4

 
143.1

 
27.9

 
171.0

Total EMEA
$
233.4

 
$
30.5

 
$
263.9

 
$
215.7

 
$
27.9

 
$
243.6

 
 
 
 
 
 
 
 
 
 
 
 
Total net revenue
$
770.5

 
$
99.2

 
$
869.7

 
$
746.0

 
$
94.6

 
$
840.6