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Earnings Per Share | 3 Months Ended
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Sep. 30, 2023
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 per share (in millions, except per share data):
| Three Months Ended |  |
| September 30, 2023 |  | October 1, 2022 |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income | $ | 9.8 |  |  | $ | 32.6 |  |  |  |  |
Denominator: |  |  |  |  |  |  |
Weighted-average shares outstanding: |  |  |  |  |  |  |
Basic | 222.0 |  |  | 226.3 |  |  |  |  |
Shares issuable assuming conversion of convertible notes (1) | — |  |  | 1.4 |  |  |  |  |
Effect of dilutive securities from stock-based compensation plans | 2.2 |  |  | 2.7 |  |  |  |  |
Diluted | 224.2 |  |  | 230.4 |  |  |  |  |
Net income per share: |  |  |  |  |  |  |
Basic | $ | 0.04 |  |  | $ | 0.14 |  |  |  |  |
Diluted | $ | 0.04 |  |  | $ | 0.14 |  |  |  |  |
(1) Represents the dilutive impact for the Company’s 1.75% Senior Convertible Notes due 2023 (2023 Notes), the 1.00% Senior Convertible Notes due 2024 (2024 Notes) and the 1.625% Senior Convertible Notes due 2026 (2026 Notes). As of September 30, 2023, the if-converted value is less than the outstanding principal of the 2024 and 2026 Notes, respectively, and are therefore anti-dilutive. 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 |  |
| September 30, 2023 |  | October 1, 2022 |  |  |  |
Restricted stock units | 0.5 |  |  | 1.4 |  |  |  |  |

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