XML 24 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 30, 2018
Income Statement [Abstract]      
Net revenue $ 1,333.9 $ 1,472.2 $ 1,630.3
Cost of revenue 790.8 975.1 1,150.2
Gross margin 543.1 497.1 480.1
Operating expenses:      
Research and development 302.5 342.7 363.2
Selling, general, and administrative 127.0 131.3 154.0
Acquired intangibles amortization 11.7 11.7 12.8
Restructuring costs 33.0 17.7 12.0
Total operating expenses 474.2 503.4 542.0
Operating income/(loss) 68.9 (6.3) (61.9)
Interest and other income 7.9 3.9 2.3
Interest expense (22.5) (21.2) (22.2)
Gain on sale of assets 105.1    
Impairment recovery on investments, net   2.8  
Income/(loss) before provision for income taxes and equity investment loss 159.4 (20.8) (81.8)
Provision for income taxes 38.6 0.3 40.5
Equity investment loss (2.0) (1.8) (1.8)
Net income/(loss) $ 118.8 $ (22.9) $ (124.1)
Net income/(loss) per share:      
Basic $ 3.54 $ (0.66) $ (3.63)
Diluted $ 3.41 $ (0.66) $ (3.63)
Shares used in computing net income/(loss) per share:      
Basic 33.6 34.6 34.2
Diluted 34.8 34.6 34.2