Selected Quarterly Financial Information (unaudited)

12 Months Ended

Jul. 02, 2022

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Information (unaudited)

Note 20. Selected Quarterly Financial Information (unaudited)

The following table presents the Company’s selected quarterly financial information from the Consolidated Statements of Operations for fiscal 2022 and 2021 (in millions, except per share data):

	July 2, 2022		April 2, 2022		January 1, 2022		October 2, 2021		July 3, 2021		April 3, 2021		January 2, 2021		October 3, 2020
Net revenue	$	335.3	$	315.5	$	314.8	$	326.8	$	310.9	$	303.4	$	299.9	$	284.7
Gross profit	201.1		186.9		190.5		195.0		182.9		182.0		180.1		169.4
Net income (loss)	$	16.5	$	19.2	$	34.6	$	(54.8)	$	3.3	$	17.2	$	27.3	$	19.7
Net income (loss) per share - basic:
Net income (loss)(1)	$	0.07	$	0.08	$	0.15	$	(0.24)	$	0.01	$	0.08	$	0.12	$	0.09
Net income (loss) per share - diluted:
Net income (loss)(1)	$	0.07	$	0.08	$	0.14	$	(0.24)	$	0.01	$	0.07	$	0.12	$	0.08
Shares used in per-share calculation:
Basic	227.2		229.2		236.0		231.1		228.4		228.7		228.8		228.8
Diluted	231.3		236.8		242.3		231.1		241.9		240.2		231.1		231.8

(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.