XML 26 R14.htm IDEA: XBRL DOCUMENT v3.25.3

Goodwill and Acquired Intangibles, Net

3 Months Ended

Sep. 27, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangibles, Net

Goodwill and Acquired Intangibles, Net

Goodwill

The following table represents the change in our goodwill balance for the periods presented:

			September						June
			2025						2025
Beginning balance			$	872.3					$	816.4
Acquisition activity			—						55.9
Ending balance			$	872.3					$	872.3

Acquired Intangibles, Net

The following table summarizes the net carrying amounts, excluding fully amortized intangible assets:

									September 2025																		June 2025
			Weighted Average Life in Years						Gross Carrying Value						Accumulated Amortization						Net Carrying Value						Gross Carrying Value						Accumulated Amortization						Net Carrying Value
Audio and video technology			5.6						$	231.9					$	(204.0)					$	27.9					$	231.9					$	(198.4)					$	33.5
Customer relationships			4.7						187.1						(155.5)						31.6						187.1						(150.7)						36.4
Wireless connectivity technology			4.6						314.4						(154.3)						160.1						271.9						(139.6)						132.3
Video interface technology			3.4						133.0						(101.1)						31.9						133.0						(97.9)						35.1
Other			2.4						41.9						(30.7)						11.2						52.1						(34.0)						18.1
In-process research and development			Not applicable						6.8						—						6.8						6.8						—						6.8
Total intangible assets									$	915.1					$	(645.6)					$	269.5					$	882.8					$	(620.6)					$	262.2

Fully amortized intangible assets are eliminated from both the gross and accumulated amortization amounts in the first quarter of each fiscal year.

In connection with a previous agreement with Broadcom entered into in July 2023 to acquire certain developed technologies, during the first quarter of fiscal 2026, we received and placed into service the last of the remaining technologies from Broadcom in the amount of $42.5 million with an estimated useful life of 6 years.

The following table presents details of amortization for the periods presented:

			Three Months Ended
			September
			2025						2024
Cost of revenue			$	30.5					$	20.8
Acquired intangibles amortization			4.7						3.8
Total amortization of intangibles			$	35.2					$	24.6

The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of September 2025:

Fiscal Year
Remainder of 2026						$	83.7
2027						69.3
2028						49.6
2029						26.5
2030						16.9
Thereafter						23.5
Future amortization						$	269.5

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration