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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Mar. 29, 2025
Mar. 30, 2024
Revenues:        
Total net revenue $ 284.8 $ 246.0 $ 793.8 $ 748.4
Cost of revenues:        
Amortization of acquired technologies 6.1 3.5 12.7 10.4
Total cost of revenues 124.1 108.1 336.2 318.1
Gross profit 160.7 137.9 457.6 430.3
Operating expenses:        
Research and development 50.0 50.0 151.5 149.4
Selling, general and administrative 101.3 98.2 259.7 250.2
Amortization of other intangibles 1.2 1.5 3.3 5.0
Restructuring and related (benefits) charges (0.3) 0.1 0.9 (0.8)
Total operating expenses 152.2 149.8 415.4 403.8
Income (loss) from operations 8.5 (11.9) 42.2 26.5
Interest and other income, net 2.2 4.0 9.3 18.0
Interest expense (7.5) (7.7) (22.5) (23.4)
Income (loss) before income taxes 3.2 (15.6) 29.0 21.1
(Benefit from) provision for income taxes (16.3) 9.0 2.2 25.2
Net income (loss) $ 19.5 $ (24.6) $ 26.8 $ (4.1)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.09 $ (0.11) $ 0.12 $ (0.02)
Diluted (in dollars per share) $ 0.09 $ (0.11) $ 0.12 $ (0.02)
Shares used in per share calculations:        
Basic (in shares) 222.6 223.0 222.2 222.5
Diluted (in shares) 226.9 223.0 225.2 222.5
Product revenue        
Revenues:        
Total net revenue $ 241.5 $ 207.3 $ 664.7 $ 623.8
Cost of revenues:        
Cost of revenues: 96.7 87.7 265.9 249.1
Service revenue        
Revenues:        
Total net revenue 43.3 38.7 129.1 124.6
Cost of revenues:        
Cost of revenues: $ 21.3 $ 16.9 $ 57.6 $ 58.6