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Earnings Per Share | 6 Months Ended
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Dec. 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 |  | Six Months Ended
| December 30, 2023 |  | December 31, 2022 |  | December 30, 2023 |  | December 31, 2022
Numerator: |  |  |  |  |  |  |
Net income | $ | 10.7 |  |  | $ | 8.4 |  |  | $ | 20.5 |  |  | $ | 41.0 |
Denominator: |  |  |  |  |  |  |
Weighted-average shares outstanding: |  |  |  |  |  |  |
Basic | 222.5 |  |  | 225.9 |  |  | 222.2 |  |  | 226.1 |
Shares issuable assuming conversion of convertible notes (1) | — |  |  | — |  |  | — |  |  | 0.7 |
Effect of dilutive securities from stock-based compensation plans | 1.0 |  |  | 1.2 |  |  | 1.7 |  |  | 2.0 |
Diluted | 223.5 |  |  | 227.1 |  |  | 223.9 |  |  | 228.8 |
Net income per share: |  |  |  |  |  |  |
Basic | $ | 0.05 |  |  | $ | 0.04 |  |  | $ | 0.09 |  |  | $ | 0.18 |
Diluted | $ | 0.05 |  |  | $ | 0.04 |  |  | $ | 0.09 |  |  | $ | 0.18 |
(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 December 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 |  | Six Months Ended
| December 30, 2023 |  | December 31, 2022 |  | December 30, 2023 |  | December 31, 2022
Restricted stock units | 5.6 |  |  | 5.0 |  |  | 3.1 |  |  | 3.2 |

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