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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 30, 2024
Jun. 24, 2023
Current Assets:    
Cash and cash equivalents $ 828.1 $ 924.7
Short-term investments 0.5 9.6
Accounts receivable, net 144.7 163.9
Inventories, net 114.1 137.2
Prepaid expenses and other current assets 35.1 36.6
Total current assets 1,122.5 1,272.0
Property and equipment, net 74.0 66.4
Goodwill 816.4 816.4
Acquired intangibles, net 252.2 298.5
Right-of-use assets 45.9 49.0
Non-current other assets 228.7 109.1
Total assets 2,539.7 2,611.4
Current Liabilities:    
Accounts payable 70.9 45.8
Accrued compensation 25.5 45.9
Income taxes payable 9.7 54.0
Other accrued liabilities 98.8 108.4
Current portion of long-term debt 6.0 6.0
Total current liabilities 210.9 260.1
Long-term debt 967.7 972.0
Other long-term liabilities 125.7 135.9
Total liabilities 1,304.3 1,368.0
Stockholders' Equity:    
Preferred stock: $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0.0 0.0
Common stock: $0.001 par value; 120,000,000 shares authorized, 69,597,233 and 68,687,511 shares issued, 39,480,794 and 38,571,072 shares outstanding, at March 2024 and June 2023, respectively 0.1 0.1
Additional paid-in capital 1,083.7 1,009.2
Treasury stock: 30,116,439 common shares at March 2024 and June 2023, at cost (878.0) (878.0)
Accumulated other comprehensive loss 0.2 0.0
Retained earnings 1,029.4 1,112.1
Total stockholders' equity 1,235.4 1,243.4
Liabilities and stockholders' equity $ 2,539.7 $ 2,611.4