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Quarterly Financial Information (Unaudited) (Tables)
 12 Months Ended
Jun. 28, 2014
Quarterly Financial Information (Unaudited)  
Schedule of quarterly consolidated statements

The following table presents the Company's quarterly consolidated statements of operations for fiscal 2014 and 2013 (in millions, except per share data):

 
   June 28,
2014		   March 29,
2014		   December 28,
2013		   September 28,
2013		   June 29,
2013		   March 30,
2013		   December 29,
2012		   September 29,
2012		  

Net revenue

   $ 448.6   $ 418.0   $ 447.6   $ 429.0   $ 421.3   $ 405.3   $ 429.4   $ 420.9  

Cost of sales(2)

     228.2     222.3     232.8     232.4     229.0     233.0     225.8     231.2  

Amortization of acquired technologies(2)

     10.9     11.0     9.9     11.4     14.6     17.0     14.6     17.1  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Gross profit

     209.5     184.7     204.9     185.2     177.7     155.3     189.0     172.6  

Operating expenses:

                                                  

Research and development

     80.0     74.1     72.3     69.6     67.6     65.8     63.5     61.6  

Selling, general and administrative

     120.9     113.4     109.0     107.1     111.9     107.3     105.4     104.7  

Amortization of other intangibles(2)

     5.1     5.2     2.8     2.7     3.9     3.1     2.2     3.5  

Restructuring and related charges

     20.0     3.6     1.0     (0.8 )   12.9     0.4     3.0     2.7  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Total operating expenses

     226.0     196.3     185.1     178.6     196.3     176.6     174.1     172.5  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

(Loss) income from operations

     (16.5 )   (11.6 )   19.8     6.6     (18.6 )   (21.3 )   14.9     0.1  

Interest and other income (expense), net

     0.1     0.6     0.4     (0.6 )   (0.4 )   (0.9 )   (2.4 )   (0.4 )

Interest expense

     (8.4 )   (7.7 )   (8.4 )   (5.2 )   (2.5 )   (4.2 )   (5.1 )   (6.1 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

(Loss) income from continuing operations before income taxes

     (24.8 )   (18.7 )   11.8     0.8     (21.5 )   (26.4 )   7.4     (6.4 )

(Benefit from) provision for income taxes(3)(4)

     0.6     (17.2 )   3.0     0.5     (113.0 )   1.6     4.1     3.4  
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

(Loss) income from continuing operations, net of tax

     (25.4 )   (1.5 )   8.8     0.3     91.5     (28.0 )   3.3     (9.8 )

Loss from discontinued operations, net of tax

     —     —     —     —     1.0     —     0.8     (1.8 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net (loss) income

   $ (25.4 ) $ (1.5 ) $ 8.8   $ 0.3   $ 92.5   $ (28.0 ) $ 4.1   $ (11.6 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                   

Basic net income (loss) per share from:

                                                  

Continuing operations

   $ (0.11 ) $ (0.01 ) $ 0.04   $ 0.00   $ 0.39   $ (0.12 ) $ 0.02   $ (0.04 )

Discontinued operations

     —     —     —     —     —     —     —     (0.01 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net (loss) income(1)

   $ (0.11 ) $ (0.01 ) $ 0.04   $ 0.00   $ 0.39   $ (0.12 ) $ 0.02   $ (0.05 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                   

Diluted net income (loss) per share from:

                                                  

Continuing operations

   $ (0.11 ) $ (0.01 ) $ 0.04   $ 0.00   $ 0.38   $ (0.12 ) $ 0.02   $ (0.04 )

Discontinued operations

     —     —     —     —     —     —     —     (0.01 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Net (loss) income(1)

   $ (0.11 ) $ (0.01 ) $ 0.04   $ 0.00   $ 0.38   $ (0.12 ) $ 0.02   $ (0.05 )
                                   
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
                                   

Shares used in per share calculation:

                                                  

Basic

     234.3     234.0     233.0     235.3     236.9     235.9     234.4     232.8  

Diluted net income (loss) per share from:

     234.3     234.0     235.8     239.6     241.1     235.9     237.1     232.8  
(1)
Net income (loss) per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly basic and diluted net income (loss) per share amounts do not equal the annual basic and diluted net income (loss) per share amount for fiscal 2013 or fiscal 2012, respectively.

(2)
During the quarter ended March 30, 2013, the Company approved a strategic plan to exit NSE's legacy low-speed wireline product line, which resulted in a $2.2 million charge for accelerated amortization of related intangibles of which $1.8 million and $0.4 million is included in Amortization of acquired technologies and Amortization of other intangibles in the Consolidated Statement of Operations, respectively. In addition, the Company incurred $11.3 million of inventory related charges included in Cost of sales in the Consolidated Statement of Operations primarily related to the write-off of inventory no longer being sold due to the legacy low-speed wireline product line exit.

(3)
For the quarter ended June 29, 2013, the Company determined that it is more likely than not that a portion of the deferred tax assets of non-U.S. jurisdiction will be realized after considering all positive and negative evidence. Accordingly, a deferred tax valuation allowance release of $107.9 million was recorded as an income tax benefit during the quarter.

(4)
During the third quarter of fiscal 2014, the Company recognized $21.7 million of uncertain tax benefits related to deferred tax assets due to the expiration of the statute of limitations in a non-U.S. jurisdiction.