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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 28, 2024
Jun. 29, 2024
Current Assets:    
Cash and cash equivalents $ 596.1 $ 876.9
Accounts receivable, net 146.5 142.4
Inventories, net 119.5 114.0
Prepaid expenses and other current assets 28.4 29.0
Total current assets 890.5 1,162.3
Property and equipment, net 75.3 75.5
Goodwill 819.9 816.4
Acquired intangibles, net 242.0 288.4
Deferred tax asset 368.5 345.6
Other non-current assets 131.3 136.8
Total assets 2,527.5 2,825.0
Current Liabilities:    
Accounts payable 84.0 87.5
Accrued compensation 31.2 27.4
Other accrued liabilities 114.6 156.3
Current portion of long-term debt 0.0 6.0
Total current liabilities 229.8 277.2
Long-term debt 832.5 966.9
Other long-term liabilities 89.1 114.1
Total liabilities 1,151.4 1,358.2
Stockholders' Equity:    
$0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding 0.0 0.0
$0.001 par value; 120,000,000 shares authorized, 70,281,300 and 69,683,991 shares issued, 39,177,742 and 39,567,552 shares outstanding, at December 2024 and June 2024, respectively 0.1 0.1
Additional paid-in capital 1,112.3 1,107.0
Treasury stock: 31,103,558 and 30,116,439 common shares at December 2024 and June 2024, at cost (952.7) (878.0)
Retained earnings 1,216.4 1,237.7
Total stockholders' equity 1,376.1 1,466.8
Total liabilities and stockholders' equity $ 2,527.5 $ 2,825.0