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Earnings Per Share | 12 Months Ended
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Jun. 30, 2018
Earnings Per Share [Abstract] |
Earnings Per Share | Note 5. Earnings Per Share Basic net (loss) income per share is computed by dividing net (loss) income for the period by the weighted average number of common shares outstanding during the period. Diluted net (loss) income per share is computed by dividing net (loss) income for the period by the weighted average number of shares of common stock and potentially dilutive common stock outstanding during the period. The dilutive effect of outstanding ESPP, RSUs, PSUs and options is reflected in diluted net (loss) income per share by application of the treasury stock method. The calculation of diluted net (loss) income per share excludes all anti-dilutive common shares. The following table sets forth the computation of basic and diluted net (loss) income per share (in millions, except per share data):
| Years Ended
| June 30, 2018 |  | July 1, 2017 |  | July 2, 2016
Numerator: |  |  |  |  |  |  |  |
Income (loss) from continuing operations, net of taxes | $ | (46.0 | ) |  | $ | 165.3 |  |  | $ | (50.4 | )
(Loss) income from discontinued operations, net of taxes | — |  |  | 1.6 |  |  | (48.8 | )
Net (loss) income | $ | (46.0 | ) |  | $ | 166.9 |  |  | $ | (99.2 | )
Denominator: |  |  |  |  |
Weighted-average number of common shares outstanding |  |  |  |  |
Basic | 227.1 |  |  | 229.9 |  |  | 234.0 |
Effect of dilutive securities from stock-based benefit plans | — |  |  | 4.6 |  |  | — |
Diluted | 227.1 |  |  | 234.5 |  |  | 234.0 |
Net (loss) income per share from - basic: |  |  |  |  |
Continuing operations | $ | (0.20 | ) |  | $ | 0.72 |  |  | $ | (0.22 | )
Discontinued operations | — |  |  | 0.01 |  |  | (0.20 | )
Net (loss) income | $ | (0.20 | ) |  | $ | 0.73 |  |  | $ | (0.42 | )
Net (loss) income per share from - diluted: |  |  |  |  |
Continuing operations | $ | (0.20 | ) |  | $ | 0.70 |  |  | $ | (0.22 | )
Discontinued operations | — |  |  | 0.01 |  |  | (0.20 | )
Net (loss) income | $ | (0.20 | ) |  | $ | 0.71 |  |  | $ | (0.42 | )
The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net (loss) income per share because their effect would have been anti-dilutive (in millions):
| Years Ended
| June 30, 2018 (1)(2)(3)(4) |  | July 1, 2017 (2)(3) |  | July 2, 2016 (1)(2)
Stock options and ESPP | 1.6 |  |  | 0.9 |  |  | 3.4 |
Full Value Awards | 7.3 |  |  | 0.6 |  |  | 10.9 |
Total potentially dilutive securities | 8.9 |  |  | 1.5 |  |  | 14.3 |
(1) | As the Company incurred a net loss from continuing operations in the period, potential dilutive securities from employee stock options, ESPP, RSUs and PSUs have been excluded from the diluted net loss per share computations as their effects were deemed anti-dilutive.
(2) | The Company’s 0.625% Senior Convertible Notes due 2033 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $11.28 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 12. Debt” for more details.
(3) | The Company’s 1.00% Senior Convertible Notes due 2024 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.22 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 12. Debt” for more details.
(4) | The Company’s 1.75% Senior Convertible Notes due 2023 are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.94 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 12. Debt” for more details.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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