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Goodwill (Tables)
12 Months Ended
Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill
Changes in the carry value of goodwill allocated segment are as follows (in millions):
Network
Enablement(1)
Service
Enablement(1)
Optical Security
and Performance
Products
Total
Balance as of July 2, 2022(2)
$332.8 $12.6 $42.2 $387.6 
Acquisitions60.0 — — 60.0 
Measurement period adjustment(0.5)— — (0.5)
Currency translation 6.9 1.2 — 8.1 
Balance as of July 1, 2023(3)
$399.2 $13.8 $42.2 $455.2 
Currency translation(1.1)(0.2)— (1.3)
Other adjustment(4)
— (1.0)— (1.0)
Balance as of June 29, 2024(5)
$398.1 $12.6 $42.2 $452.9 
(1) Balance as of July 2, 2022 adjusted to reflect a reclass of $1.2 million from Service Enablement to Network Enablement due to a product line movement.
(2) Gross goodwill balances for NE, SE and OSP were $634.7 million, $285.2 million and $126.7 million, respectively, as of July 2, 2022. Accumulated impairment for NE, SE and OSP was $301.9 million, $272.6 million and $84.5 million, respectively, as of July 2, 2022.
(3) Gross goodwill balances for NE, SE and OSP were $701.1 million, $286.4 million and $126.7 million, respectively, as of July 1, 2023. Accumulated impairment for NE, SE and OSP was $301.9 million, $272.6 million and $84.5 million, respectively, as of July 1, 2023.
(4) Adjustment related to goodwill acquired as part of a prior acquisition.
(5) Gross goodwill balances for NE, SE and OSP were $700.0 million, $285.2 million and $126.7 million, respectively, as of June 29, 2024. Accumulated impairment for NE, SE and OSP was $301.9 million, $272.6 million and $84.5 million, respectively, as of June 29, 2024.