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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 03, 2021
Income Statement [Abstract]      
Net revenue $ 1,767.0 $ 1,712.6 $ 1,742.8
Cost of sales 1,113.6 861.1 898.0
Amortization of acquired developed intangibles 84.4 62.9 61.7
Gross profit 569.0 788.6 783.1
Operating expenses:      
Research and development 307.8 220.7 214.5
Selling, general and administrative 348.8 265.7 241.4
Restructuring and related charges 28.1 (1.1) 7.7
Merger termination fee and related costs, net 0.0 0.0 (207.5)
Total operating expenses 684.7 485.3 256.1
Income (loss) from operations (115.7) 303.3 527.0
Interest expense (35.5) (80.2) (66.7)
Other income, net 48.8 12.0 2.8
Income (loss) before income taxes (102.4) 235.1 463.1
Income tax provision 29.2 36.2 65.8
Net income (loss) attributable to common stockholders - Basic (131.6) 198.9 397.3
Net income (loss) attributable to common stockholders - Diluted $ (131.6) $ 198.9 $ 397.3
Net income (loss) per share:      
Basic (in dollars per share) $ (1.93) $ 2.79 $ 5.27
Diluted (in dollars per share) $ (1.93) $ 2.68 $ 5.07
Shares used to compute net income (loss) per share:      
Basic (in shares) 68.3 71.2 75.4
Diluted (in shares) 68.3 74.2 78.4