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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jun. 27, 2020
Revenues:      
Total net revenue $ 1,292.4 $ 1,198.9 $ 1,136.3
Cost of revenues:      
Amortization of acquired technologies 30.0 33.2 32.7
Total cost of revenues 518.9 484.5 471.0
Gross profit 773.5 714.4 665.3
Operating expenses:      
Research and development 213.2 203.0 193.6
Selling, general and administrative 365.7 337.5 315.0
Amortization of other intangibles 9.7 33.3 35.1
Restructuring and related (benefits) charges (0.1) (1.6) 3.5
Total operating expenses 588.5 572.2 547.2
Income from operations 185.0 142.2 118.1
Loss on convertible note settlement (101.8) 0.0 0.0
Interest and other income, net 5.2 3.3 9.6
Interest expense (23.3) (14.7) (13.4)
Income before income taxes 65.1 130.8 114.3
Provision for income taxes 49.6 63.3 65.3
Net income $ 15.5 $ 67.5 $ 49.0
Net income per share:      
Basic (usd per share) $ 0.07 $ 0.30 $ 0.21
Diluted (usd per share) $ 0.07 $ 0.29 $ 0.21
Shares used in per-share calculations:      
Basic (in shares) 230.9 228.7 229.4
Diluted (in shares) 238.2 236.3 234.8
Product      
Revenues:      
Total net revenue $ 1,135.5 $ 1,051.4 $ 1,005.2
Cost of revenues:      
Cost of revenue 421.3 391.7 388.5
Service      
Revenues:      
Total net revenue 156.9 147.5 131.1
Cost of revenues:      
Cost of revenue $ 67.6 $ 59.6 $ 49.8