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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Jun. 30, 2024
Jun. 25, 2023
Jun. 26, 2022
Income Statement [Abstract]      
Revenue, net $ 807.2 $ 758.5 $ 572.1
Cost of revenue, net 729.8 515.6 364.0
Gross profit 77.4 242.9 208.1
Operating expenses:      
Research and development 201.9 165.7 142.6
Sales, general and administrative 246.4 214.3 183.0
Factory start-up costs 53.8 160.2 70.0
Amortization of acquisition-related intangibles 1.1 1.7 2.2
Loss (gain) on disposal or impairment of other assets 1.2 2.0 (0.3)
Other operating expense 18.3 10.8 13.7
Operating loss (445.3) (311.8) (203.1)
Non-operating expense (income), net 127.2 (52.0) 38.8
Loss before income taxes (572.5) (259.8) (241.9)
Income tax expense 1.1 0.7 8.2
Net loss from continuing operations (573.6) (260.5) (250.1)
Net (loss) income from discontinued operations (290.6) (69.4) 49.2
Net loss $ (864.2) $ (329.9) $ (200.9)
Basic and diluted loss per share      
Continuing operations- basic (USD per share) $ (4.56) $ (2.09) $ (2.08)
Continuing operations - diluted (USD per share) (4.56) (2.09) (2.08)
Net loss - basic (USD per share) (6.88) (2.65) (1.67)
Net loss - diluted (USD per share) $ (6.88) $ (2.65) $ (1.67)
Weighted average shares - basic (shares) 125,693 124,374 120,120
Weighted average shares - diluted (shares) 125,693 124,374 120,120