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Earnings Per Share | 6 Months Ended
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Dec. 28, 2019
Earnings Per Share [Abstract] |
Earnings Per Share | Note 4. Earnings Per Share The following table sets forth the computation of basic and diluted net loss per share (in millions, except per share data):
| Three Months Ended |  | Six Months Ended
| December 28, 2019 |  | December 29, 2018 |  | December 28, 2019 |  | December 29, 2018
Numerator: |  |  |  |  |  |  |  |  |
Income from continuing operations | $ | 28.0 |  |  | $ | 15.4 |  |  | $ | 34.8 |  |  | $ | 0.1 |
Loss from discontinued operations, net of taxes | — |  |  | (2.4 | ) |  | — |  |  | (2.4 | )
Net income (loss) | $ | 28.0 |  |  | $ | 13.0 |  |  | $ | 34.8 |  |  | $ | (2.3 | )
Denominator: |  |  |  |  |  |  |
Weighted-average shares outstanding: |  |  |  |  |  |  |
Basic | 230.0 |  |  | 228.3 |  |  | 229.7 |  |  | 227.8 |
Shares issuable assuming conversion of convertible notes (1) | 5.1 |  |  | — |  |  | 4.0 |  |  | — |
Effect of dilutive securities from stock-based benefit plans | 3.2 |  |  | 2.1 |  |  | 3.7 |  |  | 2.7 |
Diluted | 238.3 |  |  | 230.4 |  |  | 237.4 |  |  | 230.5 |
Net income (loss) per share - basic: |  |  |  |  |  |  |
Continuing operations | $ | 0.12 |  |  | $ | 0.07 |  |  | $ | 0.15 |  |  | $ | 0.00 |
Discontinued operations | — |  |  | (0.01 | ) |  | — |  |  | (0.01 | )
Net income (loss) per share | $ | 0.12 |  |  | $ | 0.06 |  |  | $ | 0.15 |  |  | $ | (0.01 | )
Net income (loss) per share - diluted: |  |  |  |  |  |  |
Continuing operations | $ | 0.12 |  |  | $ | 0.07 |  |  | $ | 0.15 |  |  | $ | 0.00 |
Discontinued operations | — |  |  | (0.01 | ) |  | — |  |  | (0.01 | )
Net income (loss) per share | $ | 0.12 |  |  | $ | 0.06 |  |  | $ | 0.15 |  |  | $ | (0.01 | )
(1) | Represents the number of shares that would be issued if the Company’s Senior Convertible Notes had been converted. The par amount of the Company’s convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and the “in-the money” conversion benefit feature above the conversion price is payable in cash, shares of the Company’s common stock or a combination of both, at the Company’s election.
The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net loss per share because their effect would have been anti-dilutive (in millions):
| Three Months Ended |  | Six Months Ended
| December 28, 2019 |  | December 29, 2018 |  | December 28, 2019 |  | December 29, 2018
|  |  | (2) (3) |  |  |  | (2) (3)
Restricted stock units | 0.3 |  |  | 0.2 |  |  | 0.2 |  |  | 0.7 |
Stock options and ESPP | — |  |  | 0.1 |  |  | — |  |  | 0.1 |
Total potentially dilutive securities | 0.3 |  |  | 0.2 |  |  | 0.2 |  |  | 0.7 |
(2) | 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 payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. The Company’s average quarterly stock price for the period presented did not exceed the conversion price of $13.22. Refer to “Note 11. Debt” for more details.
(3) 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 payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. The Company’s average quarterly stock price for the period presented did not exceed the conversion price of $13.94. Refer to “Note 11. 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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