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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Apr. 02, 2022
Apr. 03, 2021
Revenues:        
Total net revenue $ 315.5 $ 303.4 $ 957.1 $ 888.0
Cost of revenues:        
Amortization of acquired technologies 7.4 8.3 22.7 24.9
Total cost of revenues 128.6 121.4 384.7 356.5
Gross profit 186.9 182.0 572.4 531.5
Operating expenses:        
Research and development 54.9 52.1 159.0 150.9
Selling, general and administrative 89.0 86.1 269.0 247.0
Amortization of other intangibles 2.2 8.3 7.5 24.9
Restructuring and related benefits 0.0 (0.4) (0.1) (0.8)
Total operating expenses 146.1 146.1 435.4 422.0
Income from operations 40.8 35.9 137.0 109.5
Loss on convertible note settlement (Note 11) (6.4) 0.0 (98.7) 0.0
Interest income and other income (loss), net 0.6 (0.9) 3.1 0.8
Interest expense (6.4) (3.6) (17.1) (10.8)
Income before income taxes 28.6 31.4 24.3 99.5
Provision for income taxes 9.4 14.2 25.3 35.3
Net income (loss) $ 19.2 $ 17.2 $ (1.0) $ 64.2
Net income (loss) per share:        
Basic (in dollars per share) $ 0.08 $ 0.08 $ 0 $ 0.28
Diluted (in dollars per share) $ 0.08 $ 0.07 $ 0 $ 0.27
Shares used in per-share calculations:        
Basic (in shares) 229.2 228.7 232.1 228.8
Diluted (in shares) 236.8 240.2 232.1 234.4
Product revenue        
Revenues:        
Total net revenue $ 275.8 $ 266.6 $ 842.3 $ 776.6
Cost of revenues:        
Cost of revenue 104.0 98.1 311.0 287.8
Service revenue        
Revenues:        
Total net revenue 39.7 36.8 114.8 111.4
Cost of revenues:        
Cost of revenue $ 17.2 $ 15.0 $ 51.0 $ 43.8