v3.25.4
Stock-Based Compensation (Tables)
 6 Months Ended
Dec. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Stock-Based Compensation Expense
Total stock-based compensation expense was classified in the consolidated statements of operations as follows:
 SuccessorPredecessor
(in millions of U.S. Dollars)Period from September 30, 2025 to December 28, 2025September 29, 2025Three months ended December 29, 2024
Cost of revenue, net$5.9 $— $9.0 
Research and development0.3 — 2.9 
Sales, general and administrative1.4 — 8.3 
Total stock-based compensation expense$7.6 $— $20.2 
 SuccessorPredecessor
(in millions of U.S. Dollars)Period from September 30, 2025 to December 28, 2025Period from June 30, 2025 to September 29, 2025Six months ended December 29, 2024
Cost of revenue, net$5.9 $7.8 $17.5 
Research and development0.3 2.2 6.1 
Sales, general and administrative1.4 3.6 20.3 
Total stock-based compensation expense$7.6 $13.6 $43.9 
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Equity Instruments Other Than Options The key assumptions used in valuing these market-based awards are as follows:
 Successor
(in millions of U.S. Dollars)Period from September 30, 2025 to December 28, 2025
Number of simulations500,000
Expected volatility52.44 %
Expected life in years2.56 years
Risk-free interest rate3.55 %
Dividend yield— %