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Earnings Per Share (Tables) | 9 Months Ended
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Mar. 28, 2020
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 per share (in millions, except per share data):
| Three Months Ended |  | Nine Months Ended
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019
Numerator: |  |  |  |  |  |  |  |  |
(Loss) Income from continuing operations | $ | (32.8 | ) |  | $ | (4.8 | ) |  | $ | 2.0 |  |  | $ | (4.7 | )
Loss from discontinued operations, net of taxes | — |  |  | — |  |  | — |  |  | (2.4 | )
Net (loss) income | $ | (32.8 | ) |  | $ | (4.8 | ) |  | $ | 2.0 |  |  | $ | (7.1 | )
Denominator: |  |  |  |  |  |  |
Weighted-average shares outstanding: |  |  |  |  |  |  |
Basic | 230.0 |  |  | 228.3 |  |  | 229.8 |  |  | 227.9 |
Shares issuable assuming conversion of convertible notes (1) | — |  |  | — |  |  | 3.0 |  |  | — |
Effect of dilutive securities from stock-based benefit plans | — |  |  | — |  |  | 3.5 |  |  | — |
Diluted | 230.0 |  |  | 228.3 |  |  | 236.3 |  |  | 227.9 |
Net (loss) income per share - basic: |  |  |  |  |  |  |
Continuing operations | $ | (0.14 | ) |  | $ | (0.02 | ) |  | $ | 0.01 |  |  | $ | (0.02 | )
Discontinued operations | — |  |  | — |  |  | — |  |  | (0.01 | )
Net (loss) income per share | $ | (0.14 | ) |  | $ | (0.02 | ) |  | $ | 0.01 |  |  | $ | (0.03 | )
Net (loss) income per share - diluted: |  |  |  |  |  |  |
Continuing operations | $ | (0.14 | ) |  | $ | (0.02 | ) |  | $ | 0.01 |  |  | $ | (0.02 | )
Discontinued operations | — |  |  | — |  |  | — |  |  | (0.01 | )
Net (loss) income per share | $ | (0.14 | ) |  | $ | (0.02 | ) |  | $ | 0.01 |  |  | $ | (0.03 | )
(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.
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 per share because their effect would have been anti-dilutive (in millions):
| Three Months Ended |  | Nine Months Ended
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019
| (1) (3) |  | (1) (2) (3) |  |  |  | (1) (2) (3)
Restricted stock units | 7.3 |  |  | 7.9 |  |  | 0.2 |  |  | 7.7 |
Stock options and ESPP | 1.2 |  |  | 1.5 |  |  | — |  |  | 1.5 |
Shares issuable assuming Convertible Notes | 1.3 |  |  | — |  |  | — |  |  | — |
Total potentially dilutive securities | 9.8 |  |  | 9.4 |  |  | 0.2 |  |  | 9.2 |
(1) | As the Company incurred a loss from continuing operations in the period, potential securities from employee stock options, ESPP, RSUs and PSUs have been excluded from the dilutive net loss per share computations as their effects were deemed anti-dilutive.
(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 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 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 Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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