v3.25.4
Loss Per Share (Tables)
6 Months Ended
Dec. 28, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The details of the computation of basic and diluted loss per share are as follows:
 SuccessorPredecessor
(in millions of U.S. Dollars, except share data)Period from September 30, 2025 to December 28, 2025September 29, 2025Three months ended December 29, 2024
Net (loss) income$(150.6)$1,063.8 $(372.2)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in thousands)26,057 156,185 129,018 
Net income (loss) per share attributable to common stockholders, basic(5.78)6.81 (2.88)
Net income (loss) attributable to common stockholders, diluted(150.6)1,063.8 (372.2)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in thousands)26,057 156,185 129,018 
Weighted-average effect of potentially dilutive securities:
RSUs (Successor)— — — 
2L Convertible Notes— — — 
1.75% Convertible Notes
— 12,152 — 
0.25% Convertible Notes
— 5,895 — 
1.875% Convertible Notes
— 14,721 — 
RSUs (Predecessor)— — 
Weighted-average number of shares outstanding used to compute net income (loss) per share attributable to common stockholders, diluted (in thousands)26,057 188,962 129,018 
Net income (loss) per share attributable to common stockholders, diluted$(5.78)$5.63 $(2.88)
 SuccessorPredecessor
(in millions of U.S. Dollars, except share data)Period from September 30, 2025 to December 28, 2025Period from June 30, 2025 to September 29, 2025Six months ended December 29, 2024
Net (loss) income$(150.6)$420.2 $(654.4)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in thousands)26,057 156,185 127,876 
Net income (loss) per share attributable to common stockholders, basic(5.78)2.69(5.12)
Net income (loss) attributable to common stockholders, diluted(150.6)420.2 (654.4)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in thousands)26,057 156,185 127,876 
Weighted-average effect of potentially dilutive securities:
RSUs (Successor)— — — 
2L Convertible Notes— — — 
1.75% Convertible Notes
— 12,152 — 
0.25% Convertible Notes
— 5,895 — 
1.875% Convertible Notes
— 14,721 — 
RSUs (Predecessor)— 99 — 
Weighted-average number of shares outstanding used to compute net income (loss) per share attributable to common stockholders, diluted (in thousands)26,057 189,052 127,876 
Net income (loss) per share attributable to common stockholders, diluted$(5.78)$2.22 $(5.12)