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Earnings Per Share | 6 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Earnings Per Share | Note 3. Earnings Per Share The following table sets forth the computation of basic and diluted net income (loss) per share (in millions, except per share data):
| Three Months Ended |  | Six Months Ended
| December 31, 2022 |  | January 1, 2022 |  | December 31, 2022 |  | January 1, 2022
Numerator: |  |  |  |  |  |  |
Net income (loss) | $ | 8.4 |  |  | $ | 34.6 |  |  | $ | 41.0 |  |  | $ | (20.2) |
Denominator: |  |  |  |  |  |  |
Weighted-average shares outstanding: |  |  |  |  |  |  |
Basic | 225.9 |  |  | 236.0 |  |  | 226.1 |  |  | 233.6 |
Shares issuable assuming conversion of convertible notes (1) | — |  |  | 4.3 |  |  | 0.7 |  |  | — |
Effect of dilutive securities from stock-based compensation plans | 1.2 |  |  | 2.0 |  |  | 2.0 |  |  | — |
Diluted | 227.1 |  |  | 242.3 |  |  | 228.8 |  |  | 233.6 |
Net income (loss) per share: |  |  |  |  |  |  |
Basic | $ | 0.04 |  |  | $ | 0.15 |  |  | $ | 0.18 |  |  | $ | (0.09) |
Diluted | $ | 0.04 |  |  | $ | 0.14 |  |  | $ | 0.18 |  |  | $ | (0.09) |
(1) Represents the dilutive impact for the Company’s 1.75% Senior Convertible Notes due 2023 (2023 Notes) and the 1.00% Senior Convertible Notes due 2024 (2024 Notes). As of December 31, 2022, the if-converted value is less than the outstanding principal of the 2023 and 2024 Notes, respectively. Refer to “Note 11. Debt” for more details. The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net income per share because their effect would have been anti-dilutive (in millions):
| Three Months Ended |  | Six Months Ended
| December 31, 2022 |  | January 1, 2022 |  | December 31, 2022 |  | January 1, 2022
Restricted stock units (1) | 5.0 |  |  | 0.5 |  |  | 3.2 |  |  | 0.8 |
Shares issuable from Senior Convertible Notes (2) | — |  |  | — |  |  | — |  |  | 6.3 |
Total potentially dilutive securities | 5.0 |  |  | 0.5 |  |  | 3.2 |  |  | 7.1 |
(1) Represents the number of RSUs that are excluded from the computation of diluted earnings per share as their inclusion would have been anti-dilutive. (2) As the Company incurred a loss from continuing operations in the period, potential securities from Senior Convertible Notes have been excluded from the dilutive net loss per share computations as their effects were deemed anti-dilutive.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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