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Earnings Per Share
 9 Months Ended
Mar. 29, 2025
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 (loss) per share (in millions, except per share data):
 Three Months EndedNine Months Ended
 March 29, 2025March 30, 2024March 29, 2025March 30, 2024
Numerator:  
Net income (loss)$19.5 $(24.6)$26.8 $(4.1)
Denominator:
Weighted-average shares outstanding:
Basic 222.6 223.0 222.2 222.5 
Effect of dilutive securities from stock-based compensation plans4.3 — 3.0 — 
Diluted226.9 223.0 225.2 222.5 
Net income (loss) per share:
Basic$0.09 $(0.11)$0.12 $(0.02)
Diluted$0.09 $(0.11)$0.12 $(0.02)
The following table sets forth the weighted-average potentially dilutive securities excluded from the computation of the diluted net income (loss) per share because their effect would have been anti-dilutive (in millions):
 Three Months EndedNine Months Ended
 
March 29, 2025 (1)
March 30, 2024 (1)(2)
March 29, 2025 (1)
March 30, 2024 (1)(2)
Restricted stock units— 8.4 1.2 4.9 
(1)The Company’s 1.625% Senior Convertible Notes due 2026 (2026 Notes) are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.19 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 11. Debt” for more details.
(2)The Company’s 1.00% Senior Convertible Notes due 2024 (2024 Notes) are not included in the table above. The par amount of convertible notes is payable in cash equal to the principal amount of the notes plus any accrued and unpaid interest and then the “in-the-money” conversion benefit feature at the conversion price above $13.22 per share is payable in cash, shares of the Company’s common stock or a combination of both at the Company’s election. Refer to “Note 11. Debt” for more details.