v3.25.4
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 27, 2025
Dec. 28, 2024
Dec. 27, 2025
Dec. 28, 2024
Income Statement [Abstract]        
Net revenue $ 302.5 $ 267.2 $ 595.0 $ 524.9
Cost of revenue 170.8 145.0 338.7 281.8
Gross margin 131.7 122.2 256.3 243.1
Operating expenses:        
Research and development 95.1 83.3 189.5 164.6
Selling, general, and administrative 47.8 49.5 94.0 99.5
Acquired intangibles amortization 3.8 3.8 8.5 7.6
Restructuring costs 0.1 0.8 2.6 15.0
Total operating expenses 146.8 137.4 294.6 286.7
Operating loss (15.1) (15.2) (38.3) (43.6)
Interest expense and other, net (2.4) (4.3) (1.9) (10.2)
Loss on early extinguishment of debt 0.0 (6.5) 0.0 (6.5)
Loss before benefit from income taxes (17.5) (26.0) (40.2) (60.3)
Benefit from income taxes (2.7) (27.8) (4.8) (39.0)
Net income (loss) $ (14.8) $ 1.8 $ (35.4) $ (21.3)
Net income (loss) per share:        
Basic (in dollars per share) $ (0.38) $ 0.05 $ (0.91) $ (0.54)
Diluted (in dollars per share) $ (0.38) $ 0.05 $ (0.91) $ (0.54)
Shares used in computing net income (loss) per share:        
Basic (in shares) 38.9 39.7 38.9 39.7
Diluted (in shares) 38.9 39.8 38.9 39.7