Selected Quarterly Financial Information (unaudited) (Tables)

12 Months Ended

Jun. 27, 2020

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 2020 and 2019 (in millions, except per share data):

	June 27, 2020		March 28, 2020			December 28, 2019		September 28, 2019		June 29, 2019		March 30, 2019			December 29, 2018			September 29, 2018
Net revenue	$	266.6	$	256.2		$	313.7	$	299.8	$	289.7	$	265.2		$	306.9		$	268.5
Gross profit	154.6		146.8			189.5		174.4		169.5		153.5			178.0			150.4
Net income (loss) from continuing operations, net of tax	26.7		(32.8		)	28.0		6.8		12.5		(4.8		)	15.4			(15.3		)
Net income (loss) from discontinued operations, net of tax	—		—			—		—		—		—			(2.4		)	—
Net income (loss)	$	26.7	$	(32.8	)	$	28.0	$	6.8	$	12.5	$	(4.8	)	$	13.0		$	(15.3	)
Net income (loss) per share from - basic:
Continuing operations (1)	$	0.12	$	(0.14	)	$	0.12	$	0.03	$	0.05	$	(0.02	)	$	0.07		$	(0.07	)
Discontinued operations (1)	—		—			—		—		—		—			(0.01		)	—
Net income (loss) (1)	$	0.12	$	(0.14	)	$	0.12	$	0.03	$	0.05	$	(0.02	)	$	0.06		$	(0.07	)
Net income (loss) per share from - diluted:
Continuing operations (1)	$	0.12	$	(0.14	)	$	0.12	$	0.03	$	0.05	$	(0.02	)	$	0.07		$	(0.07	)
Discontinued operations (1)	—		—			—		—		—		—			(0.01		)	—
Net income (loss) (1)	$	0.12	$	(0.14	)	$	0.12	$	0.03	$	0.05	$	(0.02	)	$	0.06		$	(0.07	)
Shares used in per-share calculation:
Basic	228.1		230.0			230.0		229.4		228.7		228.3			228.3			227.2
Diluted	230.3		230.0			238.3		236.4		232.5		228.3			230.4			227.2

(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.