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Operating Segments and Geographic Information (Tables)
 3 Months Ended
Oct. 03, 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 October 3, 2020 and September 28, 2019 (in millions):
 
Three Months Ended October 3, 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
$
139.2

 
$
7.7

 
$
146.9

 
$
101.0

 
$
—

 
$
247.9

Service revenue
22.9

 
13.7

 
36.6

 
0.2

 
—

 
36.8

Net revenue
$
162.1

 
$
21.4

 
$
183.5

 
$
101.2

 
$
—

 
$
284.7

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
$
103.5

 
$
14.3

 
$
117.8

 
$
61.0

 
$
(9.4
)
 
$
169.4

Gross margin
63.8
%
 
66.8
%
 
64.2
%
 
60.3
%
 
 
 
59.5
%
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
 
 
 
$
13.3

 
$
47.3

 
$
(29.3
)
 
$
31.3

Operating margin
 
 
 
 
7.2
%
 
46.7
%
 
 
 
11.0
%
 
Three Months Ended September 28, 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
$
177.3

 
$
7.7

 
$
185.0

 
$
79.8

 
$
—

 
$
264.8

Service revenue
21.6

 
13.2

 
34.8

 
0.2

 
—

 
35.0

Net revenue
$
198.9

 
$
20.9

 
$
219.8

 
$
80.0

 
$
—

 
$
299.8

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
$
128.0

 
$
12.6

 
$
140.6

 
$
43.3

 
$
(9.5
)
 
$
174.4

Gross margin
64.4
%
 
60.3
%
 
64.0
%
 
54.1
%
 
 
 
58.2
%
 
 
 
 
 
 
 
 
 
 
 
 
Operating income
 
 
 
 
$
22.3

 
$
30.4

 
$
(32.0
)
 
$
20.7

Operating margin
 
 
 
 
10.1
%
 
38.0
%
 
 
 
6.9
%
 
Three Months Ended
 
October 3, 2020
 
September 28, 2019
Corporate reconciling items impacting gross profit:
 
 
 
Total segment gross profit
$
178.8

 
$
183.9

Stock-based compensation
(1.2
)
 
(1.0
)
Amortization of intangibles
(8.2
)
 
(8.4
)
Other charges unrelated to core operating performance (1)
—

 
(0.1
)
GAAP gross profit
$
169.4

 
$
174.4

 
 
 
 
Corporate reconciling items impacting operating income:
 
 
 
Total segment operating income
$
60.6

 
$
52.7

Stock-based compensation
(12.5
)
 
(10.3
)
Amortization of intangibles
(16.7
)
 
(17.1
)
Change in fair value of contingent liability
—

 
(1.7
)
Other charges unrelated to core operating performance (1)
(0.7
)
 
(2.6
)
Restructuring and related (benefits) charges
0.6

 
(0.3
)
GAAP operating income from continuing operations
$
31.3

 
$
20.7


(1) 
During the three months ended October 3, 2020 and September 28, 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 months ended October 3, 2020 and September 28, 2019 (in millions):
 
Three Months Ended
 
October 3, 2020
 
September 28, 2019
 
Product Revenue
 
Service Revenue
 
Total
 
Product Revenue
 
Service Revenue
 
Total
Americas:
 
 
 
 
 
 
 
 
 
 
 
United States
$
63.7

 
$
14.1

 
$
77.8

 
$
71.4

 
$
13.6

 
$
85.0

Other Americas
14.3

 
3.3

 
17.6

 
16.6

 
4.1

 
20.7

Total Americas
$
78.0

 
$
17.4

 
$
95.4

 
$
88.0

 
$
17.7

 
$
105.7

 
 
 
 
 

 
 
 
 
 

Asia-Pacific:
 
 
 
 

 
 
 
 
 

Greater China
$
77.3

 
$
1.7

 
$
79.0

 
$
70.5

 
$
1.4

 
$
71.9

Other Asia-Pacific
25.4

 
3.8

 
29.2

 
31.3

 
4.0

 
35.3

Total Asia-Pacific
$
102.7

 
$
5.5

 
$
108.2

 
$
101.8

 
$
5.4

 
$
107.2

 
 
 
 
 

 
 
 
 
 

EMEA:
 
 
 
 

 
 
 
 
 

Switzerland
$
17.9

 
$
0.1

 
$
18.0

 
$
12.2

 
$
—

 
$
12.2

Other EMEA
49.3

 
13.8

 
63.1

 
62.8

 
11.9

 
74.7

Total EMEA
$
67.2

 
$
13.9

 
$
81.1

 
$
75.0

 
$
11.9

 
$
86.9

 
 
 
 
 

 
 
 
 
 

Total net revenue
$
247.9

 
$
36.8

 
$
284.7

 
$
264.8

 
$
35.0

 
$
299.8