XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Jan. 01, 2022
Jan. 02, 2021
Revenues:        
Total net revenue $ 314.8 $ 299.9 $ 641.6 $ 584.6
Cost of revenues:        
Amortization of acquired technologies 7.4 8.4 15.3 16.6
Total cost of revenues 124.3 119.8 256.1 235.1
Gross profit 190.5 180.1 385.5 349.5
Operating expenses:        
Research and development 50.5 50.0 104.1 98.8
Selling, general and administrative 88.2 79.5 180.0 160.9
Amortization of other intangibles 2.6 8.1 5.3 16.6
Restructuring and related (benefits) charges (0.1) 0.2 (0.1) (0.4)
Total operating expenses 141.2 137.8 289.3 275.9
Income from operations 49.3 42.3 96.2 73.6
Loss on convertible note settlement (Note 11) (6.4) 0.0 (92.3) 0.0
Interest income and other income, net 1.1 1.1 2.5 1.7
Interest expense (7.1) (3.6) (10.7) (7.2)
Income (loss) before income taxes 36.9 39.8 (4.3) 68.1
Provision for income taxes 2.3 12.5 15.9 21.1
Net income (loss) $ 34.6 $ 27.3 $ (20.2) $ 47.0
Net income (loss) per share:        
Basic (in dollars per share) $ 0.15 $ 0.12 $ (0.09) $ 0.21
Diluted (in dollars per share) $ 0.14 $ 0.12 $ (0.09) $ 0.20
Shares used in per-share calculations:        
Basic (in shares) 236.0 228.8 233.6 228.8
Diluted (in shares) 242.3 231.1 233.6 231.5
Product revenue        
Revenues:        
Total net revenue $ 277.4 $ 262.1 $ 566.5 $ 510.0
Cost of revenues:        
Cost of revenue 100.3 96.1 207.0 189.7
Service revenue        
Revenues:        
Total net revenue 37.4 37.8 75.1 74.6
Cost of revenues:        
Cost of revenue $ 16.6 $ 15.3 $ 33.8 $ 28.8