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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 28, 2026
Mar. 29, 2025
Mar. 28, 2026
Mar. 29, 2025
Revenues:        
Total net revenue $ 406.8 $ 284.8 $ 1,075.2 $ 793.8
Cost of revenues:        
Amortization of acquired technologies 13.0 6.1 32.4 12.7
Total cost of revenues 172.7 124.1 461.5 336.2
Gross profit 234.1 160.7 613.7 457.6
Operating expenses:        
Research and development 71.0 50.0 192.9 151.5
Selling, general and administrative 113.6 101.3 344.9 259.7
Amortization of other intangibles 7.4 1.2 15.2 3.3
Restructuring and related charges (benefits) 17.3 (0.3) 16.9 0.9
Total operating expenses 209.3 152.2 569.9 415.4
Income from operations 24.8 8.5 43.8 42.2
Loss on debt extinguishment (Note 11) (3.7) 0.0 (46.2) 0.0
Interest and other income, net 7.0 2.2 12.2 9.3
Interest expense (14.3) (7.5) (37.0) (22.5)
Income (loss) before income taxes and equity investment earnings 13.8 3.2 (27.2) 29.0
Provision for (benefit from) income taxes 7.4 (16.3) 36.1 2.2
Equity investment earnings 0.0 0.0 0.2 0.0
Net income (loss) $ 6.4 $ 19.5 $ (63.1) $ 26.8
Net income (loss) per share:        
Basic (in dollars per share) $ 0.03 $ 0.09 $ (0.28) $ 0.12
Diluted (in dollars per share) $ 0.03 $ 0.09 $ (0.28) $ 0.12
Shares used in per share calculations:        
Basic (in shares) 232.0 222.6 226.2 222.2
Diluted (in shares) 249.5 226.9 226.2 225.2
Product revenue        
Revenues:        
Total net revenue $ 357.0 $ 241.5 $ 931.7 $ 664.7
Cost of revenues:        
Cost of revenues: 141.6 96.7 377.7 265.9
Service revenue        
Revenues:        
Total net revenue 49.8 43.3 143.5 129.1
Cost of revenues:        
Cost of revenues: $ 18.1 $ 21.3 $ 51.4 $ 57.6