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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 24, 2023
Jun. 25, 2022
Jun. 26, 2021
Income Statement [Abstract]      
Net revenue $ 1,355.1 $ 1,739.7 $ 1,339.6
Cost of revenue 639.2 796.6 728.4
Gross margin 715.9 943.1 611.2
Research and development 351.2 367.3 313.4
Selling, general, and administrative 175.0 168.4 144.9
Acquired intangibles amortization 35.4 38.7 32.7
Restructuring costs 0.0 18.3 7.4
Gain on sale of audio technology assets 0.0 0.0 (34.2)
Total operating expenses 561.6 592.7 464.2
Operating income 154.3 350.4 147.0
Interest and other income 27.2 3.0 2.9
Interest expense (55.5) (30.2) (29.5)
Loss on redemption of convertible notes (8.1) (0.3)
Gain from sale and leaseback transaction 0.0 5.4 0.0
Income before provision for income taxes and equity investment gain (loss) 126.0 320.5 120.1
Provision for income taxes 52.4 64.6 31.4
Equity investment gain (loss) 0.0 1.6 (9.1)
Net income $ 73.6 $ 257.5 $ 79.6
Net income per share:      
Basic $ 1.86 $ 6.60 $ 2.29
Diluted $ 1.83 $ 6.33 $ 2.08
Shares used in computing net income per share:      
Basic 39.6 39.0 34.8
Diluted 40.2 40.7 38.3