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Restructuring Activities
 12 Months Ended
Jun. 28, 2025
Restructuring and Related Activities [Abstract]  
Restructuring Activities Restructuring Activities
We continuously evaluate our operations to reduce costs and increase profitability, increase operational efficiencies and gain synergies from our previous acquisitions and align our business in response to market conditions.
A summary of restructuring costs as presented in our consolidated statements of operations is as follows:
20252024
Employee severance and related costs$15.5 $10.5 
Write-off of assets:
Property and equipment1.4 — 
$16.9 $10.5 
There were no restructuring charges incurred in fiscal 2023.
The following table presents the beginning and ending restructuring liability balances for each restructuring action:
Fiscal 2023 and earlier
Restructuring		Fiscal 2024
Restructuring		Fiscal 2025
Restructuring		Total
Balance, June 2023$1.4 $— $— $1.4 
Charges— 10.5 — 10.5 
Payments(1.4)(9.1)— (10.5)
Balance, June 2024— 1.4 — 1.4 
Charges (1)— 0.5 15.0 15.5 
Payments— (1.9)(15.0)(16.9)
Balance, June 2025$— $— $— $— 
(1) Write-off of property and equipment charges of $1.4 million recognized in fiscal 2025 are not included in the restructuring liability balance above.
Fiscal 2025 Restructuring Plan
A restructuring plan was initiated during the first quarter of fiscal 2025 (“Fiscal 2025 Restructuring Plan”) primarily intended to focus on key growth initiatives, reduce costs and align our business in response to market conditions. Under the Fiscal 2025 Restructuring Plan, we will early terminate office space under operating leases. During fiscal 2025, we recorded restructuring charges of $16.4 million, which were mainly comprised of severance and one-time termination benefits as well as a write-off of property and equipment. We expect the actions under the Fiscal 2025 Restructuring Plan to be completed by the end of the first quarter of fiscal 2026.
Fiscal 2024 Restructuring Plan
A restructuring plan was initiated during the first and fourth quarter of fiscal 2024 (“Fiscal 2024 Restructuring Plan”) intended to further improve efficiencies in our operational activities, decrease costs and increase profitability. Restructuring charges were mainly comprised of severance and one-time termination benefits. In connection with the Fiscal 2024
Restructuring Plan, we recorded restructuring charges of $0.5 million and $10.5 million during fiscal 2025 and 2024, respectively. As of the end of fiscal 2025, all actions relating to the Fiscal 2024 Restructuring Plan have been completed.