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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Cash flows from operating activities    
Net loss $ (20.6) $ (23.1)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation costs 36.7 27.2
Depreciation 7.5 7.2
Acquired intangible assets amortization 35.2 24.6
Deferred taxes (4.2) (15.0)
Other 2.4 3.5
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable, net 10.8 6.6
Inventories, net (2.9) (4.6)
Prepaid expenses and other current and non-current assets 3.9 1.5
Accounts payable (7.0) (6.3)
Accrued liabilities (31.6) (33.0)
Net cash provided by (used in) operating activities 30.2 (11.4)
Cash flows from investing activities    
Proceeds from maturity of investments 61.0 0.0
Purchases of property and equipment (12.2) (9.1)
Net cash provided by (used in) investing activities 48.8 (9.1)
Cash flows from financing activities    
Repurchases of common stock, excluding excise taxes (7.2) 0.0
Proceeds from issuance of shares 7.4 7.7
Payroll taxes related to net share settlement of share-based awards (10.6) (11.3)
Repayment of debt 0.0 (1.5)
Other 0.0 1.6
Net cash used in financing activities (10.4) (3.5)
Effect of exchange rate changes on cash and cash equivalents (0.2) 0.7
Net increase (decrease) in cash and cash equivalents 68.4 (23.3)
Cash and cash equivalents, beginning of period 391.5 876.9
Cash and cash equivalents, end of period 459.9 853.6
Supplemental disclosure of non-cash transactions    
Receipt of intangible assets from advance payments $ 42.5 $ 0.0