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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 01, 2023
Apr. 02, 2022
Revenues:        
Total net revenue $ 247.8 $ 315.5 $ 842.5 $ 957.1
Cost of revenues:        
Amortization of acquired technologies 5.9 7.4 18.7 22.7
Total cost of revenues 106.8 128.6 349.7 384.7
Gross profit 141.0 186.9 492.8 572.4
Operating expenses:        
Research and development 50.8 54.9 155.3 159.0
Selling, general and administrative 80.0 89.0 250.2 269.0
Amortization of other intangibles 2.1 2.2 6.5 7.5
Restructuring and related charges (benefits) 10.2 0.0 10.2 (0.1)
Total operating expenses 143.1 146.1 422.2 435.4
(Loss) income from operations (2.1) 40.8 70.6 137.0
Loss on convertible note settlement 0.0 (6.4) 0.0 (98.7)
Loss on convertible note modification (2.2) 0.0 (2.2) 0.0
Interest income and other income, net 1.6 0.6 4.9 3.1
Interest expense (6.7) (6.4) (19.0) (17.1)
(Loss) income before income taxes (9.4) 28.6 54.3 24.3
Provision for income taxes 6.0 9.4 28.7 25.3
Net (loss) income $ (15.4) $ 19.2 $ 25.6 $ (1.0)
Net (loss) income per share:        
Basic (in dollars per share) $ (0.07) $ 0.08 $ 0.11 $ 0
Diluted (in dollars per share) $ (0.07) $ 0.08 $ 0.11 $ 0
Shares used in per share calculations:        
Basic (in shares) 224.1 229.2 225.5 232.1
Diluted (in shares) 224.1 236.8 227.6 232.1
Product revenue        
Revenues:        
Total net revenue $ 205.2 $ 275.8 $ 714.4 $ 842.3
Cost of revenues:        
Cost of revenue 81.5 104.0 272.9 311.0
Service revenue        
Revenues:        
Total net revenue 42.6 39.7 128.1 114.8
Cost of revenues:        
Cost of revenue $ 19.4 $ 17.2 $ 58.1 $ 51.0