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Condensed Consolidated Statements of Comprehensive Income/(Loss) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Dec. 25, 2021
Dec. 26, 2020
Income Statement [Abstract]        
Net revenue $ 420.5 $ 357.6 $ 793.2 $ 686.0
Cost of revenue 195.4 207.2 370.0 401.1
Gross margin 225.1 150.4 423.2 284.9
Operating expenses:        
Research and development 88.9 77.3 175.0 158.2
Selling, general, and administrative 44.3 39.5 85.9 74.8
Acquired intangibles amortization 9.2 8.7 17.6 15.4
Restructuring costs 5.1 0.6 6.5 6.2
Gain on sale of audio technology assets 0.0 (34.2) 0.0 (34.2)
Total operating expenses 147.5 91.9 285.0 220.4
Operating income 77.6 58.5 138.2 64.5
Interest and other expense, net (5.7) (6.0) (11.6) (10.7)
Loss on redemption of convertible notes 0.0 0.0 (8.1) 0.0
Income/(loss) before provision/(benefit) for income taxes and equity investment loss 71.9 52.5 118.5 53.8
Provision/(benefit) for income taxes 2.0 2.4 7.9 6.0
Equity investment loss (0.4) (0.5) (0.9) (1.0)
Net income $ 69.5 $ 49.6 $ 109.7 $ 46.8
Net income per share:        
Basic $ 1.76 $ 1.43 $ 2.85 $ 1.36
Diluted $ 1.71 $ 1.36 $ 2.70 $ 1.29
Shares used in computing net income per share:        
Basic 39.4 34.8 38.5 34.5
Shares, diluted 40.7 36.5 40.7 36.4