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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 30, 2023
Dec. 31, 2022
Revenues:        
Total net revenue $ 254.5 $ 284.5 $ 502.4 $ 594.7
Cost of revenues:        
Amortization of acquired technologies 3.4 5.7 6.9 12.8
Total cost of revenues 106.5 117.5 210.0 242.9
Gross profit 148.0 167.0 292.4 351.8
Operating expenses:        
Research and development 49.5 51.9 99.4 104.5
Selling, general and administrative 74.8 90.0 152.0 170.2
Amortization of other intangibles 1.4 2.2 3.5 4.4
Restructuring and related benefits (0.1) 0.0 (0.9) 0.0
Total operating expenses 125.6 144.1 254.0 279.1
Income from operations 22.4 22.9 38.4 72.7
Interest and other income, net 3.8 2.2 14.0 3.3
Interest expense (7.9) (6.2) (15.7) (12.3)
Income before income taxes 18.3 18.9 36.7 63.7
Provision for income taxes 7.6 10.5 16.2 22.7
Net income $ 10.7 $ 8.4 $ 20.5 $ 41.0
Net income per share:        
Basic (in dollars per share) $ 0.05 $ 0.04 $ 0.09 $ 0.18
Diluted (in dollars per share) $ 0.05 $ 0.04 $ 0.09 $ 0.18
Shares used in per share calculations:        
Basic (in shares) 222.5 225.9 222.2 226.1
Diluted (in shares) 223.5 227.1 223.9 228.8
Product revenue        
Revenues:        
Total net revenue $ 210.9 $ 241.5 $ 416.5 $ 509.2
Cost of revenues:        
Cost of revenue 83.2 92.5 161.4 191.4
Service revenue        
Revenues:        
Total net revenue 43.6 43.0 85.9 85.5
Cost of revenues:        
Cost of revenue $ 19.9 $ 19.3 $ 41.7 $ 38.7