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Net Income Per Share (Tables)
6 Months Ended
Dec. 30, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net (Loss) Income Per Share

The computation of basic and diluted net (loss) income per share was as follows (in millions, except per share data):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December

 

 

December

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(9.0

)

 

$

22.0

 

 

$

(64.6

)

 

$

86.6

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Shares, basic

 

 

39.2

 

 

 

39.8

 

 

 

38.9

 

 

 

39.8

 

Effect of dilutive share-based awards and convertible notes

 

 

 

 

 

0.4

 

 

 

 

 

 

0.7

 

Shares, diluted

 

 

39.2

 

 

 

40.2

 

 

 

38.9

 

 

 

40.5

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.23

)

 

$

0.55

 

 

$

(1.66

)

 

$

2.18

 

Diluted

 

$

(0.23

)

 

$

0.55

 

 

$

(1.66

)

 

$

2.14