XML 17 R4.htm IDEA: XBRL DOCUMENT v3.24.3
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Sep. 29, 2024
Sep. 24, 2023
Income Statement [Abstract]    
Revenue, net $ 194.7 $ 197.4
Cost of revenue, net 230.9 172.7
Gross profit (36.2) 24.7
Operating expenses:    
Research and development 50.9 44.1
Sales, general and administrative 62.2 64.1
Factory start-up costs 19.7 8.4
Amortization of acquisition-related intangibles 0.3 0.3
Loss on disposal or impairment of other assets 0.6 0.1
Other operating expense 60.2 2.6
Operating loss (230.1) (94.9)
Non-operating expense, net 51.7 28.5
Loss before income taxes (281.8) (123.4)
Income tax expense 0.4 0.2
Net loss from continuing operations (282.2) (123.6)
Net loss from discontinued operations 0.0 (272.1)
Net loss $ (282.2) $ (395.7)
Basic and diluted loss per share    
Continuing operations - basic (USD per share) $ (2.23) $ (0.99)
Net loss - diluted (USD per share) (2.23) (0.99)
Net loss - basic (USD per share) (2.23) (3.16)
Net loss - diluted (USD per share) $ (2.23) $ (3.16)
Weighted average shares - basic (shares) 126,733 125,105
Weighted average shares - diluted (shares) 126,733 125,105