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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Cash flows from operating activities    
Net income/(loss) $ 40.2 $ (2.8)
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation costs 21.2 14.4
Depreciation and amortization 5.2 5.2
Acquired intangibles amortization 25.2 25.4
Loss on redemption of convertible notes 8.1 0.0
Deferred taxes 1.4 3.7
Amortization of convertible debt discount and issuance costs 1.6 4.8
Amortization of debt issuance costs 0.2 0.1
Amortization of cost of development services 2.5 1.7
Equity investment loss (0.5) (0.5)
Foreign currency remeasurement loss   0.7
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net 41.4 25.4
Inventories 6.7 (20.5)
Prepaid expenses and other current assets 5.0 10.0
Other assets 7.4 11.4
Accounts payable 10.7 11.7
Accrued compensation (12.3) (1.5)
Income taxes payable (6.9) (16.2)
Other accrued liabilities 24.0 (6.1)
Net cash provided by operating activities 58.3 6.5
Cash flows from investing activities    
Acquisition of businesses, net of cash and cash equivalents acquired 0.0 621.8
Proceeds from maturities of investments 0.0 31.1
Purchases of property and equipment (4.7) (3.9)
Net cash used in investing activities (4.7) (594.6)
Cash flows from financing activities    
Payment for redemption of convertible notes (505.6) 0.0
Proceeds from issuance of shares 7.8 10.4
Payroll taxes for deferred stock and market stock units 27.7 5.6
Refundable deposit paid to vendor (16.6) 0.0
Net cash provided by/(used in) financing activities (542.1) 4.8
Effect of exchange rate changes on cash and cash equivalents (0.5) 0.1
Net increase/(decrease) in cash and cash equivalents (489.0) (583.2)
Cash and cash equivalents at beginning of period 836.3 763.4
Cash and cash equivalents at end of period 347.3 180.2
Supplemental disclosures of cash flow information    
Cash paid for taxes 16.7 23.6
Non-cash investing and financing activities:    
Purchases of property and equipment in current liabilities $ 3.4 $ 1.0