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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Jun. 24, 2023
Current Assets:    
Cash and cash equivalents $ 801.3 $ 924.7
Short-term investments 23.1 9.6
Accounts receivable, net 111.2 163.9
Inventories, net 131.7 137.2
Prepaid expenses and other current assets 41.3 36.6
Total current assets 1,108.6 1,272.0
Property and equipment, net 67.4 66.4
Goodwill 816.4 816.4
Acquired intangibles, net 288.7 298.5
Right-of-use assets 47.8 49.0
Non-current other assets 219.8 109.1
Total assets 2,548.7 2,611.4
Current Liabilities:    
Accounts payable 63.9 45.8
Accrued compensation 23.5 45.9
Income taxes payable 49.1 54.0
Other accrued liabilities 103.0 108.4
Current portion of long-term debt 6.0 6.0
Total current liabilities 245.5 260.1
Long-term debt 969.6 972.0
Other long-term liabilities 129.3 135.9
Total liabilities 1,344.4 1,368.0
Stockholders' Equity:    
$0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding Common stock: 0.0 0.0
$0.001 par value; 120,000,000 shares authorized, 69,299,794 and 68,687,511 shares issued, 39,183,355 and 38,571,072 shares outstanding, at September 2023 and June 2023, respectively 0.1 0.1
Additional paid-in capital 1,025.6 1,009.2
Treasury stock: 30,116,439 common shares at September 2023 and June 2023, at cost (878.0) (878.0)
Accumulated other comprehensive income 0.1 0.0
Retained earnings 1,056.5 1,112.1
Total stockholders' equity 1,204.3 1,243.4
Liabilities and stockholders' equity $ 2,548.7 $ 2,611.4