Goodwill (Tables)

12 Months Ended

Jul. 01, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

Changes in the carry value of goodwill allocated segment are as follows (in millions):

	Network Enablement		Service Enablement		Optical Security and Performance Products		Total
Balance as of July 3, 2021(1)	$	349.7	$	4.6	$	42.2	$	396.5
Acquisitions(2)	—		10.0		—		10.0
Currency translation and other adjustments	(18.1)		(0.8)		—		(18.9)
Balance as of July 2, 2022(3)	$	331.6	$	13.8	$	42.2	$	387.6
Acquisitions(2)	60.0		—		—		60.0
Measurement period adjustment (2)	(0.5)		—		—		(0.5)
Currency translation adjustments	6.9		1.2		—		8.1
Balance as of July 1, 2023(4)	$	398.0	$	15.0	$	42.2	$	455.2

(1) Gross goodwill balances for NE, SE and OSP were $651.6 million, $277.2 million and $126.7 million, respectively as of July 3, 2021. Accumulated impairment for NE, SE and OSP was $301.9 million, $272.6 million and $84.5 million, respectively as of July 3, 2021.

(2) See “Note 5. Acquisitions” of the Notes to Consolidated Financial Statement for additional information related to the Company’s acquisitions.

(3) Gross goodwill balances for NE, SE and OSP were $633.5 million, $286.4 million and $126.7 million, respectively as of July 2, 2022. Accumulated impairment for NE, SE and OSP was $301.9 million, $272.6 million and $84.5 million, respectively as of July 2, 2022.

(4) Gross goodwill balances for NE, SE and OSP were $699.9 million, $287.6 million and $126.7 million, respectively as of July 1, 2023. Accumulated impairment for NE, SE and OSP was $301.9 million, $272.6 million and $84.5 million, respectively as of July 1, 2023.