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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 30, 2024
Mar. 25, 2023
Mar. 30, 2024
Mar. 25, 2023
Income Statement [Abstract]        
Net revenue $ 237.3 $ 326.6 $ 712.0 $ 1,127.8
Cost of revenue 127.0 154.3 385.6 513.1
Gross margin 110.3 172.3 326.4 614.7
Operating expenses:        
Research and development 83.4 87.9 251.9 266.7
Selling, general, and administrative 40.5 41.7 122.5 128.8
Acquired intangibles amortization 4.0 8.5 13.4 26.9
Restructuring costs (0.2) 0.0 9.1 0.0
Total operating expenses 127.7 138.1 396.9 422.4
Operating (loss) income (17.4) 34.2 (70.5) 192.3
Interest and other expense, net (5.9) (7.0) (17.4) (22.0)
(Loss) income before provision for income taxes (23.3) 27.2 (87.9) 170.3
Provision for income taxes (5.2) 16.8 (5.2) 73.3
Net (loss) income $ (18.1) $ 10.4 $ (82.7) $ 97.0
Net (loss) income per share:        
Basic $ (0.46) $ 0.26 $ (2.12) $ 2.44
Diluted $ (0.46) $ 0.26 $ (2.12) $ 2.41
Shares used in computing net (loss) income :        
Basic 39.3 39.4 39.1 39.7
Diluted 39.3 39.9 39.1 40.3