XML 46 R33.htm IDEA: XBRL DOCUMENT v3.25.2
Business Combinations and Asset Acquisitions (Tables)
 12 Months Ended
Jun. 28, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Total Purchase Consideration
A reconciliation of preliminary total consideration as of March 2025 and total consideration as of June 2025 is presented below:
Previously reported as of March 2025Purchase Price Allocation Measurement Period AdjustmentAs Adjusted
Cash$198.0 $2.3 $200.3 
Adjustments to consideration transferred47.6 — 47.6 
Total purchase consideration$245.6 $2.3 $247.9 
Schedule of Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the amounts recorded for the estimated fair values of the assets acquired and liabilities assumed as of the Closing Date before and after the measurement period adjustment:
Previously reported as of March 2025Purchase Price Allocation Measurement Period AdjustmentAs Adjusted
Long-term assets for product roadmap intellectual properties$96.8 $— $96.8 
Acquired intangible assets85.2 — 85.2 
Goodwill52.3 — 52.3 
Deferred tax asset11.3 — 11.3 
Property and equipment, net— 2.3 2.3 
Net assets acquired$245.6 $2.3 $247.9 
Schedule of Estimate of the Intangible Assets
The following table summarizes the estimate of the intangible assets as of the Closing Date:
Estimated Weighted Average Useful Lives in YearsEstimated Fair Value
Developed technology3.0$24.5 
Customer contract and related relationships8.027.9 
Favorable component of supply contract1.019.0 
Order backlog1.07.0 
IPR&D7.06.8 
Estimated fair value of acquired intangibles$85.2