XML 60 R41.htm IDEA: XBRL DOCUMENT
v3.25.2

Debt (Tables) | 12 Months Ended
--- | ---
Jun. 28, 2025
Debt Disclosure [Abstract] |
Schedule of Carrying Amount of Debt | As of June 28, 2025 and June 29, 2024, the Company’s debt on the Consolidated Balance Sheets represented the carrying amount of the Senior Convertible and Senior Notes, net of unamortized debt discount and issuance costs, as follows (in millions):
| June 28, 2025 |  | June 29, 2024
Principal amount of 1.625% Senior Convertible Notes | $ | 250.0 |  |  | $ | — |
Unamortized 1.625% Senior Convertible Notes debt discount | (3.3) |  |  | — |
Unamortized 1.625% Senior Convertible Notes debt issuance cost | (0.5) |  |  | — |
Short-term debt | $ | 246.2 |  |  | $ | — |
Principal amount of 3.75% Senior Notes | $ | 400.0 |  |  | $ | 400.0 |
Unamortized 3.75% Senior Notes debt issuance cost | (3.7) |  |  | (4.6) |
Principal amount of 1.625% Senior Convertible Notes | — |  |  | 250.0 |
Unamortized 1.625% Senior Convertible Notes debt discount | — |  |  | (8.1) |
Unamortized 1.625% Senior Convertible Notes debt issuance cost | — |  |  | (1.3) |
Long-term debt | $ | 396.3 |  |  | $ | 636.0 |
Schedule of Convertible Note Interest | The following table presents the interest expense for contractual interest, amortization of debt issuance cost, accretion of debt discount and other (in millions):
| Years Ended
| June 28, 2025 |  | June 29, 2024 |  | July 1, 2023
Contractual interest | $ | 19.1 |  |  | $ | 19.7 |  |  | $ | 19.2 |
Amortization of debt issuance cost | 2.4 |  |  | 2.6 |  |  | 2.5 |
Accretion of debt discount | 4.9 |  |  | 4.9 |  |  | 1.6 |
Other | 3.6 |  |  | 3.7 |  |  | 3.8 |
Total Interest Expense | $ | 30.0 |  |  | $ | 30.9 |  |  | $ | 27.1 |

X
- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
Name: | us-gaap_ConvertibleDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration