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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 27, 2021
Jun. 27, 2020
Current Assets:    
Cash and cash equivalents $ 756.2 $ 763.4
Accounts receivable, net of allowances of $5.8 at March 2021 and June 2020 233.7 195.3
Inventories 69.3 102.0
Prepaid expenses and other current assets 31.6 16.9
Total current assets 1,090.8 1,077.6
Property and equipment at cost, net of accumulated depreciation of $134.2 and $131.2 at March 2021 and June 2020, respectively 95.3 84.3
Goodwill 569.0 360.8
Acquired intangibles, net 327.1 93.4
Non-current other assets 98.8 77.7
Total assets 2,181.0 1,693.8
Current Liabilities:    
Accounts payable 106.9 60.6
Accrued compensation 59.8 59.5
Income taxes payable 18.7 33.0
Other accrued liabilities 90.7 91.0
Total current liabilities 276.1 244.1
Long-term debt 394.4 100.0
Convertible notes, net 500.9 486.6
Other long-term liabilities 77.0 44.0
Total liabilities 1,248.4 874.7
Stockholders' Equity:    
$0.001 par value; 120,000,000 shares authorized, 66,929,462 and 65,871,648 shares issued, and 35,180,267 and 34,122,453 shares outstanding, at March 2021 and June 2020, respectively 0.1 0.1
Additional paid-in capital 1,393.1 1,340.2
Treasury stock: 31,749,195 common treasury shares at March 2021 and June 2020, at cost (1,222.6) (1,222.6)
Retained earnings 762.0 701.4
Total stockholders' equity 932.6 819.1
Liabilities and stockholders' equity $ 2,181.0 $ 1,693.8