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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Mar. 30, 2025
Mar. 31, 2024
Income Statement [Abstract]        
Revenue, net $ 185.4 $ 200.7 $ 560.6 $ 606.5
Cost of revenue, net 207.9 178.2 656.5 531.5
Gross (loss) profit (22.5) 22.5 (95.9) 75.0
Operating expenses:        
Research and development 42.2 52.5 137.5 141.9
Sales, general and administrative 41.1 55.8 154.4 184.8
Factory start-up costs 23.5 14.4 66.0 33.3
Amortization of acquisition-related intangibles 0.3 0.3 0.9 0.9
Loss on disposal or impairment of long-lived assets 31.1 0.6 157.5 1.0
Other operating expense 33.8 5.3 135.4 12.5
Operating loss (194.5) (106.4) (747.6) (299.4)
Non-operating expense, net 90.9 42.4 191.9 98.7
Loss before income taxes (285.4) (148.8) (939.5) (398.1)
Income tax expense 0.1 0.1 0.4 0.6
Net loss from continuing operations (285.5) (148.9) (939.9) (398.7)
Net loss from discontinued operations 0.0 0.0 0.0 (290.6)
Net loss $ (285.5) $ (148.9) $ (939.9) $ (689.3)
Basic and diluted loss per share        
Continuing operations - basic (USD per share) $ (1.86) $ (1.18) $ (6.88) $ (3.18)
Continuing operations - diluted (USD per share) (1.86) (1.18) (6.88) (3.18)
Net loss - basic (USD per share) (1.86) (1.18) (6.88) (5.49)
Net loss - diluted (USD per share) $ (1.86) $ (1.18) $ (6.88) $ (5.49)
Weighted average shares - basic (shares) 153,897 125,830 136,550 125,514
Weighted average shares - diluted (shares) 153,897 125,830 136,550 125,514