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Net Income Per Share
12 Months Ended
Jun. 28, 2025
Earnings Per Share [Abstract]  
Net Income Per Share Net Income Per Share
The computation of basic and diluted net income per share was as follows:
202520242023
Numerator:
Net (loss)/income$(47.8)$125.6 $73.6 
Denominator:
Shares, basic39.339.239.6
Effect of dilutive share-based awards and convertible notes0.00.50.6
Shares, diluted39.339.740.2
Net (loss)/income per share:
Basic$(1.22)$3.20 $1.86 
Diluted$(1.22)$3.16 $1.83 
The following potentially dilutive securities were excluded from the computation of diluted net (loss)/income per share as their effect would have been antidilutive:
202520242023
Share-based awards3.30.20.7
Convertible senior notes4.5— — 
Total7.80.20.7
Our basic net income per share amounts for each period presented have been computed using the weighted average number of shares of common stock outstanding. Our diluted net income per share amounts for each period presented include the weighted average effect of potentially dilutive shares. We used the “treasury stock” method to determine the dilutive effect of outstanding share-based awards. We used the if-converted method for calculating any potential dilutive effect of our 2031 Notes.