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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Mar. 30, 2024
Apr. 01, 2023
Revenues:        
Total net revenue $ 246.0 $ 247.8 $ 748.4 $ 842.5
Cost of revenues:        
Amortization of acquired technologies 3.5 5.9 10.4 18.7
Total cost of revenues 108.1 106.8 318.1 349.7
Gross profit 137.9 141.0 430.3 492.8
Operating expenses:        
Research and development 50.0 50.8 149.4 155.3
Selling, general and administrative 98.2 80.0 250.2 250.2
Amortization of other intangibles 1.5 2.1 5.0 6.5
Restructuring and related charges (benefits) 0.1 10.2 (0.8) 10.2
Total operating expenses 149.8 143.1 403.8 422.2
(Loss) income from operations (11.9) (2.1) 26.5 70.6
Loss on convertible note modification 0.0 (2.2) 0.0 (2.2)
Interest and other income, net 4.0 1.6 18.0 4.9
Interest expense (7.7) (6.7) (23.4) (19.0)
(Loss) income before income taxes (15.6) (9.4) 21.1 54.3
Provision for income taxes 9.0 6.0 25.2 28.7
Net (loss) income $ (24.6) $ (15.4) $ (4.1) $ 25.6
Net (loss) income per share:        
Basic (in dollars per share) $ (0.11) $ (0.07) $ (0.02) $ 0.11
Diluted (in dollars per share) $ (0.11) $ (0.07) $ (0.02) $ 0.11
Shares used in per share calculations:        
Basic (in shares) 223.0 224.1 222.5 225.5
Diluted (in shares) 223.0 224.1 222.5 227.6
Product revenue        
Revenues:        
Total net revenue $ 207.3 $ 205.2 $ 623.8 $ 714.4
Cost of revenues:        
Cost of revenue 87.7 81.5 249.1 272.9
Service revenue        
Revenues:        
Total net revenue 38.7 42.6 124.6 128.1
Cost of revenues:        
Cost of revenue $ 16.9 $ 19.4 $ 58.6 $ 58.1