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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Apr. 03, 2021
Mar. 28, 2020
Revenues:        
Total net revenue $ 303.4 $ 256.2 $ 888.0 $ 869.7
Cost of revenues:        
Amortization of acquired technologies 8.3 8.0 24.9 24.8
Total cost of revenues 121.4 109.4 356.5 359.0
Gross profit 182.0 146.8 531.5 510.7
Operating expenses:        
Research and development 52.1 46.8 150.9 148.6
Selling, general and administrative 86.1 83.6 247.0 263.1
Amortization of other intangibles 8.3 8.9 24.9 26.4
Restructuring and related benefits (0.4) (1.6) (0.8) (2.2)
Total operating expenses 146.1 137.7 422.0 435.9
Income from operations 35.9 9.1 109.5 74.8
Interest income and other (loss) income, net (0.9) 5.3 0.8 9.3
Interest expense (9.0) (8.4) (27.0) (25.1)
Income before taxes 26.0 6.0 83.3 59.0
Provision for income taxes 14.2 38.8 35.3 57.0
Net income (loss) $ 11.8 $ (32.8) $ 48.0 $ 2.0
Net income (loss) per share:        
Basic (in dollars per share) $ 0.05 $ (0.14) $ 0.21 $ 0.01
Diluted (in dollars per share) $ 0.05 $ (0.14) $ 0.21 $ 0.01
Shares used in per-share calculations:        
Basic (in shares) 228.7 230.0 228.8 229.8
Diluted (in shares) 240.2 230.0 233.8 236.3
Product revenue        
Revenues:        
Total net revenue $ 266.6 $ 223.8 $ 776.6 $ 770.5
Cost of revenues:        
Cost of revenue 98.1 89.2 287.8 297.2
Service revenue        
Revenues:        
Total net revenue 36.8 32.4 111.4 99.2
Cost of revenues:        
Cost of revenue $ 15.0 $ 12.2 $ 43.8 $ 37.0