v3.25.4

Intangible Assets (Tables) | 6 Months Ended
--- | ---
Dec. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Components of Intangible Assets | The following table presents the components of intangible assets, net:
| Successor |  | Predecessor
| December 28, 2025 |  | June 29, 2025
(in millions of U.S. Dollars) | Gross |  | Accumulated Amortization |  | Net |  | Gross |  | Accumulated Amortization |  | Net
Intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $120.0 |  |  | ($3.3) |  |  | $116.7 |  |  | $— |  |  | $— |  |  | $— |
Developed technology | 240.0 |  |  | (10.4) |  |  | 229.6 |  |  | — |  |  | — |  |  | — |
Trade names | 28.0 |  |  | (0.6) |  |  | 27.4 |  |  | — |  |  | — |  |  | — |
Fresh start accounting-related intangible assets | $388.0 |  |  | ($14.3) |  |  | $373.7 |  |  | $— |  |  | $— |  |  | $— |
Patent and licensing rights | 58.3 |  |  | (5.2) |  |  | 53.1 |  |  | 50.5 |  |  | (26.7) |  |  | 23.8 |
Total intangible assets | $446.3 |  |  | ($19.5) |  |  | $426.8 |  |  | $50.5 |  |  | ($26.7) |  |  | $23.8 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated amortization expense for intangible assets with finite lives for each of the next five years and thereafter is as follows:
|  |  |  |  | At Quarter End
Fiscal Year Ending | Customer Relationships | Developed Technology | Trade Names | Patents | December 28, 2025
June 28, 2026 (remainder fiscal 2026) | 6.7 |  | 20.8 |  | 1.5 |  | 8.4 |  | 37.4 |
June 27, 2027 | 13.3 |  | 41.7 |  | 2.9 |  | 10.4 |  | 68.3 |
June 25, 2028 | 13.3 |  | 41.7 |  | 2.8 |  | 7.2 |  | 65.0 |
June 24, 2029 | 13.3 |  | 41.7 |  | 2.8 |  | 5.7 |  | 63.5 |
June 23, 2030 | 13.3 |  | 41.7 |  | 2.8 |  | 4.2 |  | 62.0 |
Thereafter | 56.8 |  | 42.0 |  | 14.6 |  | 17.2 |  | 130.6 |
Total future amortization expense | 116.7 |  | 229.6 |  | 27.4 |  | 53.1 |  | 426.8 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration