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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]      
Net revenue $ 1,359.2 $ 1,767.0 $ 1,712.6
Cost of sales 1,023.8 1,113.6 861.1
Amortization of acquired developed intangibles 83.9 84.4 62.9
Gross profit 251.5 569.0 788.6
Operating expenses:      
Research and development 302.2 307.8 220.7
Selling, general and administrative 310.7 348.8 265.7
Restructuring and related charges 72.6 28.1 (1.1)
Total operating expenses 685.5 684.7 485.3
Income (loss) from operations (434.0) (115.7) 303.3
Interest expense (33.8) (35.5) (80.2)
Other income, net 62.1 48.8 12.0
Income (loss) before income taxes (405.7) (102.4) 235.1
Income tax provision 140.8 29.2 36.2
Net income (loss) attributable to common stockholders - Basic (546.5) (131.6) 198.9
Net income (loss) attributable to common stockholders - Diluted $ (546.5) $ (131.6) $ 198.9
Net income (loss) per share:      
Basic (in dollars per share) $ (8.12) $ (1.93) $ 2.79
Diluted (in dollars per share) $ (8.12) $ (1.93) $ 2.68
Shares used to compute net income (loss) per share:      
Basic (in shares) 67.3 68.3 71.2
Diluted (in shares) 67.3 68.3 74.2