Selected Quarterly Financial Information (unaudited)

12 Months Ended

Jul. 01, 2023

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Information (unaudited)

Note 20. Selected Quarterly Financial Information (unaudited)

The following table presents the Company’s selected quarterly financial information from the Consolidated Statements of Operations for fiscal 2023 and 2022 (in millions, except per share data):

	July 1, 2023		April 1, 2023		December 31, 2022		October 1, 2022		July 2, 2022		April 2, 2022		January 1, 2022		October 2, 2021
Net revenue	$	263.6	$	247.8	$	284.5	$	310.2	$	335.3	$	315.5	$	314.8	$	326.8
Gross profit	146.0		141.0		167.0		184.8		201.1		186.9		190.5		195.0
Net (loss) income	$	(0.1)	$	(15.4)	$	8.4	$	32.6	$	16.5	$	19.2	$	34.6	$	(54.8)
Net (loss) income per share - basic:
Net (loss) income (1)	$	—	$	(0.07)	$	0.04	$	0.14	$	0.07	$	0.08	$	0.15	$	(0.24)
Net (loss) income per share - diluted:
Net (loss) income (1)	$	—	$	(0.07)	$	0.04	$	0.14	$	0.07	$	0.08	$	0.14	$	(0.24)
Shares used in per-share calculation:
Basic	222.2		224.1		225.9		226.3		227.2		229.2		236.0		231.1
Diluted	222.2		224.1		227.1		230.4		231.3		236.8		242.3		231.1

(1) Net (loss) income per share is computed independently for each of the fiscal quarters presented. Therefore, the sum of the quarterly basic and diluted Net (loss) income per share amounts may not equal the annual basic and diluted Net (loss) income per share amount for the full fiscal years.