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Restructuring Activities | 6 Months Ended
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Dec. 28, 2024
Restructuring and Related Activities [Abstract] |
Restructuring Activities | Restructuring Activities In the first quarter of fiscal 2025, we initiated restructuring actions primarily intended to focus on key growth initiatives, reduce costs and align our business in response to market conditions. As a result of this restructuring, we expect to incur approximat ely $16.0 million in res tructuring charges and expect to complete the restructuring by the end of fiscal 2025. For the three and six months ended December 2024, the restructuring costs related to this action were $0.8 million and $14.5 million, respectively, and are recorded in the restructuring costs line item within our condensed consolidated statements of operations. In the fourth quarter of fiscal 2024, we initiated restructuring actions to further improve efficiencies in our operational activities, decrease costs and increase profitability. We completed this restructuring action in the first quarter of fiscal 2025 and incurred restructuring charges of $0.5 million. These costs were recorded under the restructuring costs line item in our condensed consolidated statements of operations. The following table summarizes the restructuring activity and related charges during the periods presented (in millions):
| Three Months Ended |  | Six Months Ended
| December 2024
Balance, beginning of period | $ | 5.0 |  |  | $ | 1.4 |
Charges | 0.8 |  |  | 15.0 |
Payments | (2.8) |  |  | (13.4) |
Balance, end of period | $ | 3.0 |  |  | $ | 3.0 |
During the three and six months ended December 2024, the restructuring and related charges of $0.8 million and $15.0 million, respectively, were primarily attributable to severance and employee-related benefits.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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