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Property and Equipment
12 Months Ended
Jun. 29, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment

3. Property and Equipment

Property and equipment as of the end of fiscal 2024 and 2023 consisted of the following (in millions):

 

 

 

Life

 

2024

 

 

2023

 

Computer equipment

 

3 - 5 years

 

$

16.2

 

 

$

20.1

 

Manufacturing equipment

 

1 - 5 years

 

 

104.9

 

 

 

105.9

 

Furniture, fixtures, and leasehold improvements

3 - 12 years

 

 

45.0

 

 

 

43.4

 

Capitalized software

 

3 - 7 years

 

 

21.2

 

 

 

22.5

 

Construction in progress

 

Up to 5 years

 

 

20.0

 

 

 

7.0

 

 

 

 

 

 

207.3

 

 

 

198.9

 

Accumulated depreciation and amortization

 

 

 

(131.8

)

 

 

(132.5

)

Property and equipment, net

 

 

$

75.5

 

 

$

66.4

 

Our construction in progress primarily includes machinery and equipment that we expect to place in service in the next 12 months.