XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Revenues:        
Revenues $ 1,011.4 $ 984.4 $ 3,042.3 $ 3,085.1
Costs of revenues:        
Amortization of acquired intangible assets 44.4 51.6 134.9 159.3
Impairment of intangible assets and equipment 13.3 179.5 39.2 179.5
Gross profit 560.3 367.5 1,670.1 1,571.2
Operating expenses:        
Research and development 64.1 72.6 205.5 221.4
Selling and marketing 146.3 149.8 439.4 455.7
General and administrative 94.0 90.2 306.2 299.5
Amortization of acquired intangible assets 5.3 7.1 24.3 21.9
Impairment of intangible assets and equipment 0.4 44.3 5.6 44.3
Contingent consideration - fair value adjustments 0.0 0.0 1.7 (12.4)
Restructuring charges 6.2 2.1 34.8 4.9
Operating expenses 316.3 366.1 1,017.5 1,035.3
Income from operations 244.0 1.4 652.6 535.9
Interest income 28.4 32.5 80.3 84.6
Interest expense (31.9) (27.7) (90.2) (83.0)
Other income (expense), net 0.2 5.9 0.8 (7.0)
Income before income taxes 240.7 12.1 643.5 530.5
Provision for income taxes 46.2 52.6 32.6 165.1
Net income (loss) $ 194.5 $ (40.5) $ 610.9 $ 365.4
Net income (loss) per common share:        
Basic (in usd per share) $ 0.83 $ (0.16) $ 2.58 $ 1.48
Diluted (in usd per share) $ 0.82 $ (0.16) $ 2.57 $ 1.47
Weighted average number of shares outstanding:        
Basic (in shares) 234,604 246,908 236,373 247,319
Diluted (in shares) 236,466 246,908 238,081 249,393
Product        
Revenues:        
Revenues $ 811.2 $ 799.1 $ 2,467.2 $ 2,522.9
Costs of revenues:        
Cost of revenue 298.2 291.0 913.9 879.3
Service        
Revenues:        
Revenues 200.2 185.3 575.1 562.2
Costs of revenues:        
Cost of revenue $ 95.2 $ 94.8 $ 284.2 $ 295.8