XML 105 R88.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Income Taxes - Income Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
 12 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jul. 02, 2022
Reconciliation of the Company’s income tax expense at the federal statutory rate to the income tax expense at the effective tax rate      
Income tax expense computed at federal statutory rate $ 2.4 $ 12.8 $ 13.7
Withholding Taxes 5.6 8.0 8.7
U.S. inclusion of foreign earnings 3.8 1.3 19.8
Internal restructuring 1.2 1.2 10.1
Valuation allowance 17.5 0.5 3.3
Foreign rate differential 3.8 4.5 6.9
Reserves 1.2 2.9 1.7
Permanent items (0.6) 1.1 0.3
Fair value change of the earn-out liability (2.0) (1.0) 0.1
Impact of prior years’ taxes 3.0 (0.5) (8.6)
Research and experimentation benefits and other tax credits 0.0 (1.3) (1.1)
State taxes 0.0 2.6 0.8
Disallowed compensations 2.0 3.3 2.2
Senior Convertible Notes settlements 0.0 0.0 (8.3)
Other (0.5) (0.2) 0.0
Total income tax expense $ 37.4 $ 35.2 $ 49.6