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Earnings Per Share
 6 Months Ended
Dec. 28, 2024
Earnings Per Share [Abstract]  
Earnings Per Share
Note 3. Earnings Per Share
The following table sets forth the computation of basic and diluted net income per share (in millions, except per share data):
 Three Months EndedSix Months Ended
 December 28, 2024December 30, 2023December 28, 2024December 30, 2023
Numerator:  
Net income$9.1 $10.7 $7.3 $20.5 
Denominator:
Weighted-average shares outstanding:
Basic 222.0 222.5 222.0 222.2 
Effect of dilutive securities from stock-based compensation plans2.8 1.0 2.4 1.7 
Diluted224.8 223.5 224.4 223.9 
Net income per share:
Basic$0.04 $0.05 $0.03 $0.09 
Diluted$0.04 $0.05 $0.03 $0.09 
The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net income per share because their effect would have been anti-dilutive (in millions):
 Three Months EndedSix Months Ended
 
December 28, 2024 (1)
December 30, 2023 (1)(2)
December 28, 2024 (1)
December 30, 2023 (1)(2)
Restricted stock units1.2 5.6 1.8 3.1 
(1)The Company’s 1.625% Senior Convertible Notes due 2026 (2026 Notes) are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.19 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 11. Debt” for more details.
(2)The Company’s 1.00% Senior Convertible Notes due 2024 (2024 Notes) are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.22 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 11. Debt” for more details.