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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jun. 27, 2015
Revenues:      
Product revenue $ 726.4 $ 808.8 $ 771.2
Service revenue 85.0 97.5 102.7
Total net revenues 811.4 906.3 873.9
Cost of revenues:      
Product cost of revenues 260.9 278.1 259.1
Service cost of revenues 50.2 61.2 62.8
Amortization of acquired technologies 14.3 17.3 31.9
Total cost of revenues 325.4 356.6 353.8
Gross profit 486.0 549.7 520.1
Operating expenses:      
Research and development 136.3 166.4 173.3
Selling, general and administrative 300.5 351.1 376.3
Impairment of goodwill 0.0 91.4 0.0
Amortization of other intangibles 14.0 14.6 19.5
Restructuring and related charges 21.6 10.5 26.8
Total operating expenses 472.4 634.0 595.9
Income (loss) from operations 13.6 (84.3) (75.8)
Interest and other income, net 13.1 2.5 3.7
Gain on sale of investments 203.1 71.6 0.1
Interest expense (43.2) (35.7) (33.3)
Income (loss) from continuing operations before income taxes 186.6 (45.9) (105.3)
Provision for income taxes 21.3 4.5 26.1
Income (loss) from continuing operations, net of taxes 165.3 (50.4) (131.4)
Income (loss) from discontinued operations, net of taxes 1.6 (48.8) 43.3
Net income (loss) $ 166.9 $ (99.2) $ (88.1)
Net income (loss) per share from - basic:      
Continuing operations (usd per share) $ 0.72 $ (0.22) $ (0.57)
Discontinued operations (usd per share) 0.01 (0.20) 0.19
Net income (loss) (usd per share) 0.73 (0.42) (0.38)
Net income (loss) per share from - diluted:      
Continuing operations (usd per share) 0.70 (0.22) (0.57)
Discontinued operations (usd per share) 0.01 (0.20) 0.19
Net income (loss) (usd per share) $ 0.71 $ (0.42) $ (0.38)
Shares used in per-share calculation - basic (in shares) 229.9 234.0 232.7
Shares used in per-share calculation - diluted (in shares) 234.5 234.0 232.7