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Earnings Per Share (Tables)
 12 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net (loss) income per share
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
)
Schedule of weighted average potentially dilutive securities excluded from the computation because their effect would have been anti-dilutive
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.