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Balance Sheet and Other Details (Tables)

3 Months Ended

Sep. 27, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Activity Related to Deferred Revenue and Financed Unearned Services Revenue

The following table presents the activity related to deferred revenue (in millions):

			Three Months Ended
			September 27, 2025
Deferred revenue:
Balance at beginning of period			$	102.3
Revenue deferrals for new contracts(1)			18.4
Revenue recognized during the period(2)			(29.6)
Balance at end of period			$	91.1

(1)This amount includes the effect of foreign currency exchange rate fluctuations.

(2)Revenue recognized during the period represents releases from the balance at the beginning of the period as well as releases from the current period deferrals.

Schedule of Components of Accounts Receivable Allowance

The following table presents the activities and balances for allowance for credit losses (in millions):

			June 28, 2025												Charged to Costs and Expenses						Deductions(1)						September 27, 2025
Allowance for credit losses			$	1.9											$	0.7					$	(0.1)					$	2.5

(1)Represents the effect of currency translation adjustments and write-offs of uncollectible accounts, net of recoveries.

Schedule of Components of Inventories

The following table presents the components of inventories, net (in millions):

			September 27, 2025						June 28, 2025
Finished goods			$	54.1					$	52.5
Work in process			19.8						18.3
Raw materials			50.6						47.1
Inventories, net			$	124.5					$	117.9

Schedule of Components of Prepayments and Other Current Assets

The following table presents the components of prepayments and other current assets (in millions):

			September 27, 2025						June 28, 2025
Refundable income taxes			$	31.8					$	32.0
Prepayments			20.2						21.9
Advances to contract manufacturers			8.4						5.8
Fair value of forward contracts			1.0						4.9
Other current assets			13.3						12.7
Prepayments and other current assets			$	74.7					$	77.3

Schedule of Components of Other Non-current Assets

The following table presents the components of other non-current assets (in millions):

			September 27, 2025						June 28, 2025
Operating right-of-use (ROU) assets			$	39.4					$	34.1
Long-term restricted cash			4.8						4.9
Long-term investment (Note 7)			3.0						3.0
Deferred contract cost			2.6						3.0
Deposits			2.3						2.4
Debt issuance cost - Revolving Credit Facility			1.8						1.4
Other			14.7						13.4
Other non-current assets			$	68.6					$	62.2

Schedule of Components of Other Current Liabilities

The following table presents the components of other current liabilities (in millions):

			September 27, 2025						June 28, 2025
Fair value of contingent consideration (Note 5)			$	64.2					$	41.5
Acquisition related holdback and related accruals			16.3						16.5
Operating lease liabilities			10.1						10.2
Interest payable			8.0						5.1
Income tax payable			7.6						8.2
Warranty accrual			6.3						5.9
Restructuring accrual (Note 13)			2.7						3.5
Fair value of forward contracts			1.2						3.1
Other			14.9						14.3
Other current liabilities			$	131.3					$	108.3

Schedule of Components of Other Non-current Liabilities

The following table presents components of other non-current liabilities (in millions):

			September 27, 2025						June 28, 2025
Fair value of contingent consideration (Note 5)			$	64.1					$	75.9
Pension and post-employment benefits			53.7						54.1
Long-term deferred revenue			26.9						28.2
Operating lease liabilities			29.4						24.1
Financing obligation			15.5						15.5
Uncertain tax position			11.4						11.4
Deferred tax liability			7.1						6.0
Asset retirement obligations			3.6						3.5
Warranty accrual			0.2						0.8
Other			8.3						8.1
Other non-current liabilities			$	220.2					$	227.6

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