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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Mar. 29, 2025
Mar. 30, 2024
OPERATING ACTIVITIES:    
Net income (loss) $ 26.8 $ (4.1)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation expense 28.8 29.1
Amortization of acquired technologies and other intangibles 16.0 15.4
Stock-based compensation 40.5 36.6
Amortization of debt issuance costs 5.5 5.6
Net change in fair value of contingent liabilities (4.9) (7.8)
Deferred taxes, net (29.9) (2.3)
Amortization of inventory step-up 1.7 0.0
Restructuring 0.9 (0.8)
Other (4.6) 1.7
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (31.9) 17.4
Inventories (0.3) 6.7
Other current and non-current assets (1.5) 3.7
Accounts payable 15.7 (4.1)
Income taxes payable 5.6 2.3
Deferred revenue, current and non-current (0.9) (15.7)
Accrued payroll and related expenses 6.8 (8.1)
Accrued expenses and other current and non-current liabilities (8.3) 14.6
Net cash provided by operating activities 66.0 90.2
INVESTING ACTIVITIES:    
Purchases of short-term investments (147.7) (188.3)
Maturities of short-term investments 145.5 174.2
Capital expenditures (22.3) (15.7)
Proceeds from the sale of assets 4.7 2.6
Acquisition, net of acquired cash and holdbacks (117.9) 0.0
Other investing activities (3.0) 0.0
Net cash used in investing activities (140.7) (27.2)
FINANCING ACTIVITIES:    
Retirement of convertible notes upon maturity 0.0 (96.4)
Repurchase and retirement of common stock (16.4) (10.0)
Withholding tax payment on vesting of restricted stock and performance- based awards (13.1) (11.0)
Payment of financing obligations (0.2) (0.2)
Proceeds from employee stock purchase plan 6.0 6.3
Payment of acquisition related contingent considerations and obligations 0.0 (4.0)
Other financing activities 0.2 0.0
Net cash used in financing activities (23.5) (115.3)
Effect of exchange rates on cash, cash equivalents and restricted cash (0.9) (0.2)
Net increase in cash, cash equivalents and restricted cash (99.1) (52.5)
Cash, cash equivalents and restricted cash at the beginning of the period [1] 481.8 515.6
Cash, cash equivalents and restricted cash at the end of the period [2] $ 382.7 $ 463.1
[1] These amounts include both current and non-current balances of restricted cash totaling $10.5 million and $9.1 million as of June 29, 2024 and July 1, 2023, respectively.
[2] These amounts include both current and non-current balances of restricted cash totaling $8.5 million and $8.9 million as of March 29, 2025 and March 30, 2024, respectively.