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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 27, 2025
Dec. 28, 2024
Dec. 27, 2025
Dec. 28, 2024
Revenues:        
Total net revenue $ 369.3 $ 270.8 $ 668.4 $ 509.0
Cost of revenues:        
Amortization of acquired technologies 12.5 3.3 19.4 6.6
Total cost of revenues 158.7 110.0 288.8 212.1
Gross profit 210.6 160.8 379.6 296.9
Operating expenses:        
Research and development 65.9 52.1 121.9 101.5
Selling, general and administrative 127.1 84.3 231.3 158.4
Amortization of other intangibles 6.3 1.0 7.8 2.1
Restructuring and related (benefits) charges (0.1) 1.2 (0.4) 1.2
Total operating expenses 199.2 138.6 360.6 263.2
Income from operations 11.4 22.2 19.0 33.7
Loss on convertible note extinguishment (Note 11) (38.7) 0.0 (42.5) 0.0
Interest and other income, net 3.9 3.9 5.2 7.1
Interest expense (15.3) (7.5) (22.7) (15.0)
(Loss) income before income taxes and equity investment earnings (38.7) 18.6 (41.0) 25.8
Provision for income taxes 9.7 9.5 28.7 18.5
Equity investment earnings 0.3 0.0 0.2 0.0
Net (loss) income $ (48.1) $ 9.1 $ (69.5) $ 7.3
Net (loss) income per share:        
Basic (in dollars per share) $ (0.21) $ 0.04 $ (0.31) $ 0.03
Diluted (in dollars per share) $ (0.21) $ 0.04 $ (0.31) $ 0.03
Shares used in per share calculations:        
Basic (in shares) 223.9 222.0 223.4 222.0
Diluted (in shares) 223.9 224.8 223.4 224.4
Product revenue        
Revenues:        
Total net revenue $ 317.3 $ 225.7 $ 574.7 $ 423.2
Cost of revenues:        
Cost of revenues: 129.0 87.3 236.1 169.2
Service revenue        
Revenues:        
Total net revenue 52.0 45.1 93.7 85.8
Cost of revenues:        
Cost of revenues: $ 17.2 $ 19.4 $ 33.3 $ 36.3