XML 11 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 29, 2025
Jun. 29, 2024
Current Assets:    
Cash and cash equivalents $ 360.4 $ 876.9
Short-term investments 61.0 0.0
Accounts receivable, net 132.0 142.4
Inventories, net 132.9 114.0
Prepaid expenses and other current assets 26.3 29.0
Total current assets 712.6 1,162.3
Property and equipment, net 71.0 75.5
Goodwill 872.3 816.4
Acquired intangibles, net 296.3 288.4
Deferred tax assets 389.0 345.6
Other non-current assets 213.1 136.8
Total assets 2,554.3 2,825.0
Current Liabilities:    
Accounts payable 90.0 87.5
Accrued compensation 46.7 27.4
Other accrued liabilities 110.8 156.3
Current portion of long-term debt 0.0 6.0
Total current liabilities 247.5 277.2
Long-term debt 834.2 966.9
Other long-term liabilities 85.6 114.1
Total liabilities 1,167.3 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, 70,504,190 and 69,683,991 shares issued, 38,854,889 and 39,567,552 shares outstanding, at March 2025 and June 2024, respectively 0.1 0.1
Additional paid-in capital 1,183.1 1,107.0
Treasury stock: 31,649,301 and 30,116,439 common shares at March 2025 and June 2024, at cost (990.8) (878.0)
Retained earnings 1,194.6 1,237.7
Total stockholders' equity 1,387.0 1,466.8
Total liabilities and stockholders' equity $ 2,554.3 $ 2,825.0