0000817720-25-000041 | 10-Q | XBRL Viewer

Print Document

Net Loss Per Share - Additional Information (Details) - $ / shares	Mar. 29, 2025	Jun. 29, 2024
Earnings Per Share [Abstract]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001

Debt

9 Months Ended

Mar. 29, 2025

Debt Disclosure [Abstract]

Debt

Senior Notes

On March 11, 2021, we completed an offering of $400.0 million aggregate principal amount of 4.0% senior notes due 2029, or the Senior Notes, in a private offering. The Senior Notes were issued pursuant to an indenture, dated as of March 11, 2021, or the Indenture, by and among our company, the guarantors named therein and Wells Fargo Bank, National Association, as trustee.

The Indenture provides that the Senior Notes will bear interest at a rate of 4.0% per annum, payable in cash semi-annually in arrears on December 15 and June 15 of each year, commencing on June 15, 2021. The Senior Notes will mature on June 15, 2029 and are fully and unconditionally guaranteed, jointly and severally, on a senior unsecured basis by each of our current and future domestic restricted subsidiaries that guarantee our obligations under our senior secured credit facilities.

On or after June 15, 2024, we may redeem some or all of the Senior Notes at the redemption prices specified below, plus accrued and unpaid interest, if any, up to, but excluding, the redemption date:


Year	Price
2024	102	%
2025	101	%
2026 and thereafter	100	%

The Senior Notes are the general unsecured obligations of our company. The Senior Note guarantees are the senior unsecured obligations of each guarantor. Under certain circumstances, the guarantors may be released from their Senior Note guarantees without consent of the holders of Senior Notes. Under the terms of the Indenture, the Senior Notes rank equally in right of payment with all of our and the guarantors’ existing and future senior indebtedness, and rank contractually senior in right of payment to our and the guarantors’ future indebtedness and other obligations that are, by their terms, expressly subordinated in right of payment to the Senior Notes. The Senior Notes are effectively subordinated to our and the guarantors’ existing and future secured indebtedness, including secured indebtedness under our senior secured credit facilities, to the extent of the value of the assets securing such indebtedness. The Senior Notes and guarantees are structurally subordinated to all existing and future indebtedness and liabilities (including trade payables) of our subsidiaries that do not guarantee the Senior Notes.

The Indenture contains covenants that, subject to exceptions and qualifications, among other things, limit our ability and the ability of our Restricted Subsidiaries (as defined in the Indenture) to (i) incur additional indebtedness and guarantee indebtedness; (ii) pay dividends or make other distributions or repurchase or redeem our company’s or any parent’s capital stock; (iii) prepay, redeem or repurchase certain indebtedness; (iv) issue certain preferred stock or similar equity securities; (v) make loans and investments; (vi) dispose of assets; (vii) incur liens; (viii) enter into transactions with affiliates; (ix) enter into agreements restricting its subsidiaries’ ability to pay dividends; and (x) consolidate, merge or sell all, or substantially all, of its assets.

The Indenture contains customary events of default including, without limitation, failure to make required payments, failure to comply with certain agreements or covenants, cross-acceleration to certain other indebtedness in excess of specified amounts, certain events of bankruptcy and insolvency, and failure to pay certain judgments. An event of default under the Indenture will allow either the trustee or the holders of at least 25% in aggregate principal amount of the then outstanding Senior Notes to accelerate, or in certain cases, will automatically cause the acceleration of, the maturity of the principal, and accrued and unpaid interest, if any, on all outstanding Notes.

Revolving Credit Facility

On November 21, 2024, we entered into a Fourth Amendment and Lender Joinder Agreement, or the Fourth Amendment, to our existing Second Amended and Restated Credit Agreement, as amended, or the Credit Agreement, with the lenders party thereto and Wells Fargo Bank, National Association, as the administrative agent, or the Administrative Agent, dated as of March 11, 2021.

The Fourth Amendment extends the maturity date to be the earlier of (i) November 21, 2029 and (ii) ninety one (91) days prior to any maturity of the Senior Notes. Clause (ii) will not apply if we have Liquidity (as defined in the Fourth Amendment) in an amount of at least $100.0 million in excess of the amount that would be required to be paid on such date. The Fourth Amendment is arranged by a syndicate of financial institutions and, among other things, increases the revolving commitments from $250.0 million to $350.0 million. Additionally, the Fourth Amendment includes a $25.0 million sublimit for letters of credit and a $25.0 million sublimit for swingline loans. Under the terms of the Fourth Amendment we may, subject to the satisfaction of certain conditions, request increases in the revolving credit facility commitments in an aggregate principal amount of up to $170.0 million to the extent existing or new lenders agree to provide such increased or additional commitments, as applicable. Future proceeds under the revolving credit facility are available for working capital and general corporate purposes. As of March 2025, there was no balance outstanding under the revolving credit facility.

Debt issuance costs relating to the revolving credit facility of $2.0 million, included in non-current other assets on our consolidated balance sheet, are being amortized over 60 months. The amortization of debt issuance costs on the revolving credit facility was $0.1 million and $0.3 million for the three and nine months ended March 2025, respectively, and was $0.1 million and $0.2 million for the three and nine months ended March 2024, respectively.

Our obligations under the Credit Agreement are guaranteed by the material domestic subsidiaries of the Company, subject to certain exceptions, who collectively with the Company are referred to as the Credit Parties. The obligations of the Credit Parties under the Amended Credit Agreement and the other loan documents delivered in connection therewith are secured by a first priority security interest in substantially all of the existing and future personal property of the Credit Parties, including, without limitation, 65% of the voting capital stock and 100% of the non-voting capital stock of certain of the Credit Parties’ direct foreign subsidiaries, subject to certain exceptions.

The Credit Agreement bears interest, at our election, at a Base Rate plus an Applicable Margin or Adjusted Term SOFR, as defined in the Second Amendment, plus an Applicable Margin. Swingline loans bear interest at a Base Rate plus an Applicable Margin. The Base Rate is a floating rate that is the greater of the Prime Rate, the Federal Funds Rate plus 50 basis points, or Adjusted Term SOFR plus 100 basis points. The Applicable Margin is based on a sliding scale which ranges from 25 to 100 basis points for Base Rate loans and 100 basis points to 175 basis points for Adjusted Term SOFR loans. We are required to pay a commitment fee on any unused commitments under the Credit Agreement which is determined on a leverage-based sliding scale ranging from 0.175% to 0.25% per annum. Interest and fees are payable on a quarterly basis and are charged to interest expense. The unused commitment fees on the revolving credit facility were $0.2 million and $0.4 million for the three and nine months ended March 2025, respectively, and $0.1 million and $0.3 million for the three and nine months ended March 2024, respectively,

Under the Credit Agreement, there are various restrictive covenants, including two financial covenants which limit the consolidated total net leverage ratio, or net leverage ratio, the consolidated net interest coverage ratio, or net interest coverage ratio. The net leverage ratio is the ratio of net debt as of the measurement date to Consolidated EBITDA, for the four consecutive quarters ending with the quarter of measurement. The current net leverage ratio shall not exceed 3.75 to 1.00 provided that for the four fiscal quarters ending after the date of a material acquisition, such maximum leverage ratio shall be adjusted to 4.75 to 1.00, and thereafter 3.75 to 1.0. The net interest coverage ratio is Consolidated EBITDA to interest expense for the four consecutive quarters ending with the quarter of measurement net of total cash interest income. The current net interest coverage ratio shall not be less than 2.75 to 1.0, provided that such net interest coverage ratio shall be 3.0 to 1.0 starting with the last day of the first fiscal quarter ending after the 18 month anniversary of the Fourth Amendment Effective Date, or May 21, 2026, and thereafter. As of March 2025, we remain in compliance with the restrictive covenants.

Convertible Senior Notes due 2031

On November 19, 2024 and November 26, 2024, we issued and sold $400.0 million and $50.0 million, respectively, in aggregate principal amount of 0.75% Convertible Senior Notes due 2031, or the 2031 Notes, in a private placement. The 2031 Notes were issued pursuant to an indenture, dated November 19, 2024, by and among us, and U.S. Bank Trust Company, National Association, as trustee, or the 2031 Indenture. The 2031 Notes are unsecured, bear interest at a fixed rate of 0.75% per year, payable semi-annually in arrears on June 1 and December 1 of each year, beginning on June 1, 2025 and mature on December 1, 2031, unless earlier converted, redeemed or repurchased by us.

The net proceeds from the 2031 Notes were approximately $435.6 million after deducting the debt issuance costs and our estimated offering expenses. We used approximately (i) $67.0 million to repurchase shares of our common stock with which we repurchased 890,484 shares at $75.24 a share, the stock price on November 14, 2024, the date of the offering memorandum, and (ii) $49.9 million to pay the cost of the capped call transactions (as described below). Additionally, the remainder of the net proceeds, together with our cash on hand, were used to repay the outstanding balance of our Term Loan Facility.

The initial conversion rate of the 2031 Notes is 10.0308 shares of our common stock per $1,000 principal amount of 2031 Notes (which is equivalent to an initial conversion price of approximately $99.69 per share). The conversion rate is subject to adjustment upon the occurrence of certain events specified in the 2031 Indenture. In addition, upon the occurrence of a Make-Whole Fundamental Change (as defined in the 2031 Indenture) or if we deliver a Redemption Notice (as defined in the 2031 Indenture), we will, in certain circumstances, increase the conversion rate by a number of additional shares of common stock as described in the 2031 Indenture for a holder who elects to convert its 2031 Notes in connection with such Make-Whole Fundamental Change or to convert its 2031 Notes called (or deemed called as provided in the 2031 Indenture) for redemption in connection with such Redemption Notice, as the case may be.

At any time from, and including, September 2, 2031, the 2031 Notes are convertible at the option of the holders thereof only under the following circumstances: (1) during any calendar quarter commencing after the first calendar quarter ending on March 31, 2025, if the last reported sale price per share of our common stock exceeds 130% of the conversion price for at least 20 trading days (whether or not consecutive) during the 30 consecutive trading days ending on, and

including, the last trading day of the immediately preceding calendar quarter; (2) during the five consecutive business days after any ten consecutive trading day period (such ten consecutive trading day period, the "measurement period") in which the Trading Price per $1,000 principal amount of the 2031 Notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price per share of our common stock on such trading day and the conversion rate on such trading day; (3) if we call such 2031 Notes for redemption; or (4) upon the occurrence of specified corporate events or distributions on our common stock, (as defined in the 2031 Indenture). As of December 28, 2024, none of the conditions allowing holders of the 2031 Notes to convert had been met. On or after September 2, 2031 until the close of business on the second scheduled trading day immediately preceding the maturity date of the 2031 Notes, holders of the 2031 Notes may convert all or a portion of their 2031 Notes, regardless of the foregoing conditions. Upon conversion, the 2031 Notes will be settled in cash, shares of our common stock based on the conversion rate (as defined in the 2031 Indenture) or any combination thereof, at our election.

The 2031 Notes are redeemable, at our option at any time, and from time to time, on or after December 6, 2028. We may redeem for cash all or any portion of the 2031 Notes (subject to the limitation described below), at our option, on or after December 6, 2028 and on or before the 40th scheduled trading day immediately before December 1, 2031 at a cash redemption price equal to the principal amount of the 2031 Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, but only if (i) the notes are Freely Tradable (as defined in 2031 Indenture) as of the date we send the related redemption notice and all accrued and unpaid additional interest, if any, has been paid in full as of the most recent interest payment date occurring on or before the date we send such notice; and (ii) the last reported sale price per share of our common stock exceeds 130% of the conversion price on (1) each of at least 20 trading days, whether or not consecutive, during the 30 consecutive trading days ending on, and including, the trading day immediately before the date we send such redemption notice; and (2) the trading day immediately before the date we send such notice. However, we may not redeem less than all of the outstanding notes unless at least $100.0 million aggregate principal amount of notes are outstanding and not called for redemption as of the time we send, and after giving effect to, the related redemption notice. In addition, calling any note for redemption will constitute a Make-Whole Fundamental Change with respect to that note, in which case the conversion rate applicable to the conversion of that note will be increased in certain circumstances if it is converted after it is called for redemption. No sinking fund is provided for the 2031 Notes.

The 2031 Notes will be our senior, unsecured obligations and will be (i) equal in right of payment with our existing and future senior unsecured indebtedness; (ii) senior in right of payment to our existing and future indebtedness that is expressly subordinated 2031 Notes; (iii) effectively subordinated to our existing and future secured indebtedness, to the extent of the value of the collateral securing that indebtedness; and (iv) structurally subordinated to all existing and future indebtedness and other liabilities.

Upon the occurrence of a Fundamental Change (as defined in the 2031 Indenture) prior to the maturity date of the 2031 Notes, holders of the 2031 Notes may require us to repurchase their notes for a cash repurchase price equal to the principal amount of the 2031 Notes to be repurchased, plus any accrued and unpaid interest, if any, to, but excluding, the Fundamental Change Repurchase Date (as defined in the 2031 Indenture).

2031 Capped Calls

In connection with the issuance of the 2031 Notes, we entered into privately negotiated capped call transactions, or, each, a 2031 Capped Call, and, collectively, the 2031 Capped Calls, with certain financial institutions. The 2031 Capped Calls have an initial strike price of $99.69, subject to certain adjustments, which corresponds to the initial conversion price of the 2031 convertible senior notes. The 2031 Capped Calls have an initial cap price of $150.48 per share, subject to certain adjustments. The 2031 Capped Calls are expected to partially offset the potential dilution to the Company’s common stock upon any conversion of the 2031 convertible senior notes, with such offset subject to a cap based on the cap price. Each 2031 Capped Call covers, subject to anti-dilution adjustments, approximately 4.5 million shares of the Company’s common stock. The 2031 Capped Calls are subject to adjustment upon the occurrence of specified extraordinary events affecting the Company, including merger events, tender offers, and announcement events. In addition, each 2031 Capped Call is subject to certain specified additional disruption events that may give rise to a termination of the 2031 Capped Calls, including nationalization, insolvency or delisting, changes in law, failures to deliver, insolvency filings, and hedging disruptions. For accounting purposes, each 2031 Capped Call is treated as a separate transaction from, and not part of, the terms of the 2031 convertible senior notes. As these transactions meet certain accounting criteria, the 2031 Capped Calls are recorded in stockholders' equity and are not accounted for as derivatives. The 2031 Capped Calls will not be remeasured as long as they continue to meet the conditions for equity classification.

Term Loan Facility

On December 2, 2021, we entered into that certain First Amendment and Lender Joinder Agreement to the Credit Agreement, to, among other things, establish a new $600.0 million incremental term loan facility, or the Term Loan Facility. The Term Loan Facility was advanced by certain existing and new lenders under the Credit Agreement to finance the DSPG acquisition. The Term Loan Facility matures on December 2, 2028. Principal on the Term Loan Facility is payable in equal quarterly installments on the last day of each March, June, September and December of each year, beginning December 31, 2021, at a rate of 1.00% per annum.

We used a portion of the net proceeds from the 2031 Notes, together with our cash on hand, to repay the outstanding balance under our Term Loan Facility. On November 19, 2024, we paid a total of $583.4 million, which consisted of (i) the remaining outstanding principal balance of $582.0 million and (ii) accrued and unpaid interest of $1.4 million. The repayment of the Term Loan Facility was accounted for as a debt extinguishment. The consideration used to extinguish the Term Loan Facility and the carrying value of the Term Loan Facility (including unamortized debt issuance costs) resulted in a loss on early extinguishment of debt of $6.5 million included in loss on early extinguishment of debt within our condensed consolidated statements of operations.

The net carrying amounts of our debt agreements are as follows (in millions):


	March 2025								June 2024
	Senior Notes		Term Loan Facility		2031 Notes		Total		Senior Notes		Term Loan Facility		Total
Principal balance	$	400.0	$	—	$	450.0	$	850.0	$	400.0	$	583.5	$	983.5
Unamortized issuance costs	(3.2)		—		(12.6)		(15.8)		(3.7)		(6.9)		(10.6)
Net carrying amount	$	396.8	$	—	$	437.4	$	834.2	$	396.3	$	576.6	$	972.9

Interest expense related to the debt agreements for the three months ended March 2025 and March 2024 was as follows (in millions):


	Three Months Ended
	March 2025								March 2024
	Senior Notes		2031 Notes		Revolving Credit Facility		Total		Senior Notes		Term Loan Facility		Revolving Credit Facility		Total
Interest expense	$	4.0	$	0.8	$	0.2	$	5.0	$	4.0	$	11.5	$	0.1	$	15.6
Amortization of debt issuance costs	0.1		0.5		0.1		0.7		0.1		0.4		0.1		0.6
Total interest expense	$	4.1	$	1.3	$	0.3	$	5.7	$	4.1	$	11.9	$	0.2	$	16.2

Interest expense related to the debt agreements for the nine months ended March 2025 and March 2024 was as follows (in millions):


	Nine Months Ended
	March 2025										March 2024
	Senior Notes		2031 Notes		Revolving Credit Facility		Term Loan Facility		Total		Senior Notes		Term Loan Facility		Revolving Credit Facility		Total
Interest expense	$	12.0	$	1.2	$	0.4	$	18.8	$	32.4	$	12.0	$	34.6	$	0.3	$	46.9
Amortization of debt issuance costs	0.5		0.7		0.3		0.4		1.9		0.5		1.2		0.2		1.9
Total interest expense	$	12.5	$	1.9	$	0.7	$	19.2	$	34.3	$	12.5	$	35.8	$	0.5	$	48.8

The amortization of debt issuance costs on the Term Loan Facility during the three and nine months ended March 2025 excludes the loss on early extinguishment of debt of $6.5 million.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Share-Based Compensation - Schedule of Share-Based Compensation Recognized in our Condensed Consolidated Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total	$ 19.9	$ 29.9	$ 81.7	$ 92.3
Cost of revenue
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total	0.3	1.0	(2.1)	3.2
Research and development
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total	18.5	15.0	48.6	45.7
Selling, general, and administrative
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total	$ 1.1	$ 13.9	$ 35.2	$ 43.4

Goodwill and Acquired Intangibles, Net

9 Months Ended

Mar. 29, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangibles, Net

Goodwill

The following table represents the change in our goodwill balance for the nine and twelve month periods ended March 2025 and June 2024, respectively (in millions):


	March		June
	2025		2024
Beginning balance	$	816.4	$	816.4
Acquisition activity	55.9		—
Ending balance	$	872.3	$	816.4

Acquired Intangibles, Net

The following table summarizes the net carrying amounts, excluding fully amortized intangible assets (in millions, except for weighted-average life in years):


		March 2025						June 2024
	Weighted Average Life in Years	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Audio and video technology	5.6	$	231.9	$	(192.6)	$	39.3	$	231.9	$	(175.5)	$	56.4
Customer relationships	4.7	187.1		(146.1)		41.0		158.2		(134.1)		24.1
Wireless connectivity technology	5.3	271.9		(126.0)		145.9		245.5		(90.1)		155.4
Video interface technology	3.4	133.0		(94.7)		38.3		133.0		(85.2)		47.8
Other	2.9	52.1		(27.1)		25.0		26.1		(21.4)		4.7
IPR&D	Not applicable	6.8		—		6.8		—		—		—
Total intangible assets	4.9	$	882.8	$	(586.5)	$	296.3	$	794.7	$	(506.3)	$	288.4

Certain intangible assets from June 2024 have been reclassified to conform to the current period presentation and are presented in the Other line item in the table above.

The following table presents details of amortization for the periods presented (in millions):


	Three Months Ended					Nine Months Ended
	March				March
	2025		2024			2025		2024
Cost of revenue	$	26.5	$	14.3		$	68.1	$	46.5
Acquired intangibles amortization	4.5		4.0			12.1		13.4
Total amortization of intangibles	$	31.0	$	18.3		$	80.2	$	59.9

The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of March 2025 (in millions):


Fiscal Year
Remainder of 2025	$	34.1
2026	112.5
2027	62.2
2028	42.5
2029	19.4
Thereafter	25.6
Future amortization	$	296.3

Impairment of indefinite-lived intangible asset

During the third quarter of fiscal 2025, we recorded an intangible asset impairment charge of $13.8 million related to a license of certain technology we acquired in fiscal 2024. We recorded the impairment charge due to a lack of potential customers, or alternative uses for the acquired technology, and no further development or investment planned for this project. The impairment charge is presented as an operating expense in our consolidated statement of operations.

Share-Based Compensation

9 Months Ended

Mar. 29, 2025

Share-Based Payment Arrangement [Abstract]

Share-Based Compensation

Share-Based Compensation Plans

2025 Inducement Equity Plan

Effective January 27, 2025, we adopted the 2025 Inducement Equity Plan, or the 2025 Inducement Plan, and 1,700,000 shares of our common stock are reserved for issuance under the 2025 Inducement Plan, subject to adjustment for stock dividends, stock splits, recapitalization or other changes in the capital structure of our company. The 2025 Inducement Plan is intended to comply with Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, which provide an exception to the Nasdaq Stock Market Listing Rules shareholder approval requirement for the issuance of securities with regards to grants to a person not previously an employee or director of the Company or its subsidiaries. An individual is eligible to receive an award under the 2025 Inducement Plan only if he or she was not previously an employee or director of our Company (or is returning to work after a bona-fide period of non-employment), and an award under the 2025 Inducement Plan is a material inducement for him or her to accept employment with our Company.

2019 Equity and Incentive Compensation Plan

On October 29, 2019, our stockholders approved: (i) our 2019 Equity and Incentive Compensation Plan, or the 2019 Incentive Plan, to replace our Amended and Restated 2010 Incentive Compensation Plan, or the 2010 Incentive Plan, and (ii) our 2019 Employee Stock Purchase Plan, or the 2019 ESPP, to replace our Amended and Restated 2010 Employee Stock Purchase Plan. Awards outstanding at October 29, 2019 under our prior share-based compensation plans were not impacted by the approval of the 2019 Incentive Plan and continue to remain outstanding and vest by their terms under the applicable share-based compensation plan. Shares underlying certain share-based awards forfeited under the 2010 Incentive Plan subsequent to the approval of the 2019 Incentive Plan automatically transfer to and become available for award issuance from the 2019 Incentive Plan.

The 2019 Incentive Plan authorizes our Board of Directors to provide equity-based compensation in the form of stock options, stock appreciation rights, restricted stock, RSUs, cash incentive awards, performance shares, PSUs, and other stock-based awards. The 2019 Incentive Plan has been amended and restated, and the cumulative number of shares approved by stockholders is 7,588,000 as of October 29, 2024. The 2019 ESPP authorizes the Company to provide eligible employees with an opportunity to acquire an equity interest in the Company through the purchase of stock at a discount, with an initial authorization of 1,500,000 shares.

2019 Inducement Equity Plan

Effective August 19, 2019, we adopted the 2019 Inducement Equity Plan, and 650,000 shares of our common stock were reserved for issuance under the 2019 Inducement Equity Plan, subject to adjustment for stock dividends, stock splits, or other changes in our common stock or capital structure. The 2019 Inducement Equity Plan was intended to comply with Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, which provide an exception to the Nasdaq Stock Market Listing Rules on the shareholder approval requirement for the issuance of securities with regards to grants to employees of the Company or its subsidiaries as an inducement material to such individuals entering into employment with the Company or its subsidiaries. An individual was eligible to receive an award under the 2019 Inducement Equity Plan only if he or she was not previously an employee or director of our Company (or is returning to work after a bona-fide period of non-employment), and an award under the 2019 Inducement Equity Plan is a material inducement for him or her to accept employment with our Company. No new awards may be granted under the 2019 Inducement Equity Plan.

Share-Based Compensation

Share-based compensation recognized in our condensed consolidated statements of operations was as follows (in millions):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
Cost of revenue	$	0.3	$	1.0	$	(2.1)	$	3.2
Research and development	18.5		15.0		48.6		45.7
Selling, general, and administrative	1.1		13.9		35.2		43.4
Total	$	19.9	$	29.9	$	81.7	$	92.3

Historically, we have issued new shares in connection with our equity-settled share-based compensation plans, however, treasury shares are also available for issuance. Any additional shares repurchased under our common stock repurchase program will be available for issuance under our share-based compensation plans.

Share-Based Compensation Plan Activity

Restricted Stock Units

RSUs granted generally vest ratably over three to four years from the vesting commencement date. RSU activity was as follows:


	RSU Awards Outstanding	Aggregate Intrinsic Value (in millions)
Balance as of June 2024	1,620,006
Granted	2,378,558
Vested	(738,663)
Forfeited	(333,819)
Balance as of March 2025	2,926,082	$	184.5

The aggregate intrinsic value was determined using the closing price of our common stock on March 29, 2025, of $63.06.

The unrecognized share-based compensation cost of our outstanding RSUs was approximately $204.4 million as of March 2025, which will be recognized over a weighted average period of approximately 1.98 years.

Market Stock Units

An MSU is a promise to deliver shares of our common stock at a future date based on the achievement of market-based performance requirements in accordance with the terms of the MSU grant agreement.

MSU activity was as follows:


	MSU Awards Outstanding	Aggregate Intrinsic Value (in millions)
Balance as of June 2024	200,513
Granted	120,765
Delivered	(55,603)
Forfeited	(143,689)
Balance as of March 2025	121,986	$	7.7

The aggregate intrinsic value was determined using the closing price of our common stock on March 29, 2025, of $63.06.

We value MSUs using the Monte Carlo simulation model on the date of grant and amortize the compensation expense over the three-year performance and service period on a ratable basis by tranche. The unrecognized share-based compensation cost of our outstanding MSUs was approximately $9.8 million as of March 2025, which will be recognized over a weighted average period of approximately 1.14 years.

Performance Stock Units

A PSU is a promise to deliver shares of our common stock at a future date based on the achievement of performance-based requirements in accordance with the terms of the PSU grant agreement.

PSU activity was as follows:


	PSU Awards Outstanding	Aggregate Intrinsic Value (in millions)
Balance as of June 2024	265,362
Granted	205,025
Delivered	(16,843)
Forfeited	(228,128)
Balance as of March 2025	225,416	$	14.2

The aggregate intrinsic value was determined using the closing price of our common stock on March 29, 2025, of $63.06.

We value PSUs using the aggregate intrinsic value on the date of grant adjusted for estimated performance achievement during the performance period and amortize the compensation expense over the three-year service period on a ratable basis. The amount of stock-based compensation expense recognized in any period related to PSUs can vary based on the achievement or anticipated achievement of the performance conditions. If the performance conditions are not met, or not expected to be met, no compensation cost would be recognized on the underlying PSUs, and any previously recognized compensation expense related to those PSUs would be reversed. The unrecognized share-based compensation cost of our outstanding PSUs was approximately $13.6 million as of March 2025, which will be recognized over a weighted average period of approximately 0.99 years.

Employee Stock Purchase Plan

Shares purchased, weighted average purchase price, cash received, and the aggregate intrinsic value for employee stock purchase plan purchases during the nine months ended March 2025, were as follows (in millions, except for shares purchased and weighted average price):


Shares purchased	237,508
Weighted average purchase price	$	58.5
Cash received	$	13.9
Aggregate intrinsic value	$	2.5

Goodwill and Acquired Intangibles, Net - Schedule of Amortization of Intangibles (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Finite-Lived Intangible Assets [Line Items]
Total amortization of intangibles	$ 31.0	$ 18.3	$ 80.2	$ 59.9
Cost of revenue
Finite-Lived Intangible Assets [Line Items]
Total amortization of intangibles	26.5	14.3	68.1	46.5
Acquired intangibles amortization
Finite-Lived Intangible Assets [Line Items]
Total amortization of intangibles	$ 4.5	$ 4.0	$ 12.1	$ 13.4

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Debt - Schedule Of Interest Expense Related to Debt Agreement (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
	Nov. 19, 2024	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Debt Instrument [Line Items]
Interest expense		$ 5.0	$ 15.6	$ 32.4	$ 46.9
Amortization of debt issuance costs		0.7	0.6	1.9	1.9
Total interest expense		5.7	16.2	34.3	48.8
Senior Notes due 2029
Debt Instrument [Line Items]
Interest expense		4.0	4.0	12.0	12.0
Amortization of debt issuance costs		0.1	0.1	0.5	0.5
Total interest expense		4.1	4.1	12.5	12.5
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Interest expense		0.2	0.1	0.4	0.3
Amortization of debt issuance costs		0.1	0.1	0.3	0.2
Total interest expense		0.3	0.2	0.7	0.5
Line of Credit \| Term Loan Facility \| Secured Debt
Debt Instrument [Line Items]
Interest expense			11.5	18.8	34.6
Amortization of debt issuance costs			0.4	0.4	1.2
Total interest expense	$ 1.4		$ 11.9	19.2	$ 35.8
Convertible Debt \| 2031 Notes
Debt Instrument [Line Items]
Interest expense		0.8		1.2
Amortization of debt issuance costs		0.5		0.7
Total interest expense		$ 1.3		$ 1.9

Leases (Tables)

9 Months Ended

Mar. 29, 2025

Leases [Abstract]

Schedule of Components of Leases

As of March 2025 and June 2024, the components of leases are as follows (in millions):


	March		June
	2025		2024
Operating lease right-of-use assets	$	44.4	$	46.8
Operating lease liabilities	$	11.6	$	11.5
Operating lease liabilities, long-term	35.6		37.9
Total operating lease liabilities	$	47.2	$	49.4

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases, including from acquisitions, is as follows (in millions):


	Nine Months Ended
	March
	2025		2024
Cash paid for operating leases included in operating cash flows	$	10.2	$	8.2
Supplemental non-cash information related to lease liabilities arising from obtaining right-of-use assets	$	6.2	$	4.1

Schedule of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments for the operating lease liabilities are as follows (in millions):


Fiscal Year	Operating Lease Payments
Remainder of 2025	$	4.2
2026	12.8
2027	9.0
2028	7.2
2029	6.3
Thereafter	15.2
Total future minimum operating lease payments	54.7
Less: interest	(7.5)
Total lease liabilities	$	47.2

Indemnifications and Contingencies (Details) $ in Millions	9 Months Ended
Indemnifications and Contingencies (Details) $ in Millions	Mar. 29, 2025 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Loss contingency accrual, payments	$ 3

Acquisitions - Narrative (Details) $ in Millions		2 Months Ended	3 Months Ended			9 Months Ended
Acquisitions - Narrative (Details) $ in Millions	Jan. 19, 2025 USD ($)	Mar. 29, 2025 USD ($) productCategory	Mar. 29, 2025 USD ($) productCategory	Mar. 30, 2024 USD ($)	Sep. 30, 2023 USD ($) productCategory	Mar. 29, 2025 USD ($) productCategory	Mar. 30, 2024 USD ($)	Jan. 30, 2025 USD ($)	Jun. 29, 2024 USD ($)	Jun. 24, 2023 USD ($)
Business Acquisition [Line Items]
Goodwill		$ 872.3	$ 872.3			$ 872.3			$ 816.4	$ 816.4
Net revenue			266.6	$ 237.3		$ 791.5	$ 712.0
Minimum \| Level 3
Business Acquisition [Line Items]
Fair value measurements discount rate, percentage						5.80%
Maximum \| Level 3
Business Acquisition [Line Items]
Fair value measurements discount rate, percentage						10.50%
Broadcom Business Acquisition
Business Acquisition [Line Items]
Cash	$ 198.0
Adjustments to consideration transferred						$ 47.6
Goodwill		16.0	$ 16.0			$ 16.0		$ 52.3
Net revenue		$ 12.8
Broadcom Wireless Connectivity
Business Acquisition [Line Items]
Aggregate consideration					$ 130.0
Number of technology products \| productCategory		4	4		4	4
Number of obtained technology products \| productCategory		3	3			3
Extension period for license products (in year)		3 years	3 years			3 years
Fair value of assets acquired			$ 42.5

Basis of Presentation and Principles of Consolidation (Policies)	9 Months Ended
	Mar. 29, 2025
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue, expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates including, but not limited to, those estimates related to revenue recognition, allowance for credit losses, cost of revenue, inventories, loss on purchase commitments, product warranty, accrued liabilities, share-based compensation costs, provision for income taxes, deferred tax assets and the associated valuation allowance, uncertain tax positions, goodwill, intangible assets, investments and loss contingencies. We base our estimates on historical experience, current period developments, applicable laws and regulations, and various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.
Accounting Pronouncement Recently Issued	Accounting Pronouncements Recently Issued In November 2023, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU No. 2023-07, “Segment Reporting: Improvements to Reportable Segment Disclosures.” This guidance requires disclosure of incremental segment information on an annual and interim basis. This amendment is effective for our fiscal year ending June 2025 and our interim periods within the fiscal year ending June 2026. We are currently assessing the impact of this guidance on our disclosures. We do not expect the adoption of this new standard to have a material effect on our results of operations or financial condition. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes: Improvements to Income Tax Disclosures.” This guidance requires consistent categories and greater disaggregation of information in the rate reconciliation and disclosures of income taxes paid by jurisdiction. This amendment is effective for our fiscal year ending June 2026. We are currently assessing the impact of this guidance on our disclosures. In November 2024, the FASB issued ASU No. 2024-03, “Income Statement - Reporting Comprehensive Income - Disaggregation of Income Statement Expenses.” This guidance requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. This amendment is effective for our fiscal year ending June 2028 and our interim periods within the fiscal year ending June 2029. We are currently assessing the impact of this guidance on our disclosures. In November 2024, the FASB, issued ASU 2024-04, “Debt - Debt with Conversions and Other Options.” This guidance is intended to clarify requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with cash conversion features or convertible debt instruments that are not currently convertible, should be accounted for as an induced conversion. This amendment is effective for our fiscal year ending June 2027. We are currently evaluating the potential impact of this guidance on our disclosures.

Acquisitions

9 Months Ended

Mar. 29, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Acquisitions

Asset Acquisition

During the first quarter of fiscal 2024, we paid an aggregate consideration of $130.0 million to Avago Technologies International Sales PTE, Limited, a subsidiary of Broadcom Inc. (“Broadcom”), to license four developed technology products and to extend the exclusivity period of certain developed technologies that were previously licensed from Broadcom in July 2020. As of March 2025, we have obtained control of three of the four technology products and the three-year extension period to exclusively license previously acquired developed technology intangible assets. The fair value of the remaining technology product of $42.5 million for which we have not yet obtained control is an advance payment on intangible assets and is presented within other non-current assets in our condensed consolidated balance sheets.

Broadcom Mobile Android Wi-Fi Business

On January 19, 2025, we entered into definitive asset purchase agreements with Broadcom to acquire certain assets and obtain non-exclusive licenses relating to, Broadcom’s existing Mobile Android Wi-Fi Business in the IoT market, for an aggregate consideration of $198.0 million in cash, which closed on January 30, 2025, or the Closing Date. These assets include non-exclusive licenses to three developed technology products and right to obtain license of eight roadmap technology intangible assets expected to be delivered at various dates through September 2027. We also entered into transition agreements with Broadcom, under which both parties will provide one another with certain transition services (including one year inventory supply agreement in which Broadcom will facilitate Synaptics to place purchase orders with respective suppliers) following the Closing Date. We acquired these set of assets from Broadcom in order to solidify our leadership position for end-to-end AI Internet of Things (IoT) connectivity and expand our ability to service the Android™ ecosystem.

The acquisition has been accounted for using the purchase method of accounting in accordance with the business acquisition guidance. Under the purchase accounting method, the total estimated purchase consideration of the acquisition was allocated to the identifiable intangible assets acquired and long term assets for roadmap IP based on their relative fair values. The excess of the purchase consideration over the identifiable intangible assets acquired and long term assets has been recorded as goodwill. Our estimate of the fair values of the acquired intangible assets and long term assets at the Closing Date was based on established and accepted valuation techniques performed with the assistance of our third-party valuation specialists. Additional information, which existed as of the acquisition date but is yet unknown to us, may become known to us during the remainder of the measurement period, which will not exceed 12 months from the Closing Date. Changes to amounts recorded as acquired intangible assets and other long term assets will be recorded as adjustments to the provisional amounts recognized as of the Closing Date and may result in a corresponding adjustment to goodwill in the period in which new information becomes available.

The following table summarizes the adjusted purchase price (in millions):


Cash	$	198.0
Adjustments to consideration transferred	47.6
Total purchase consideration	$	245.6

Under the terms of the asset purchase agreement, we provided replacement equity compensation awards to the transferred employees. We determined $47.6 million of value related to these arrangements should be included as consideration transferred.

The following table summarizes the amounts recorded for the estimated fair values of the assets acquired and liabilities assumed as of the Closing Date (in millions):


Long-term assets for product roadmap intellectual properties	$	96.8
Acquired intangible assets	85.2
Goodwill	52.3
Deferred tax asset	11.3
Net assets acquired	$	245.6

We estimated the fair value of the identified intangible assets and long term assets for roadmap intellectual properties, or IPs, using a discounted cash flow model, for each of the underlying identified assets except for in-process research and development, or IPR&D, which was estimated using replacement cost method. These fair value measurements were based on significant inputs not observable in the market and thus represent a Level 3 measurement. Key assumptions include the level and timing of expected future cash flows, conditions and demands specific to each asset over its remaining useful life, and discount rates we believe to be consistent with the inherent risks associated with each type of asset, which ranges from 5.8% - 10.5%. The fair value of these assets is primarily affected by the projected revenue, gross margins, operating expenses, the expected technological obsolescence, probability of securing future customer contracts for next generation devices and the anticipated timing of the projected income associated with each asset coupled with the discount rates used to derive their estimated present values. We believe the level and timing of expected future cash flows appropriately reflects market participant assumptions.

Long term assets for roadmap IPs represent a prepayment for eight technology products to be received in the future. This prepayment is classified under non-current other assets in our condensed consolidated balance sheets. Upon obtaining control of the developed technologies, the amounts recorded will be reclassified as intangible assets based on their respective fair values determined as of the Closing Date.

The following table summarizes the estimate of the intangible assets as of the Closing Date (in millions):


	Estimated Weighted Average Useful Lives in Years	Estimated Fair Value
Developed technology	3.0	$	24.5
Customer contract and related relationships	8.0	27.9
Favorable component of supply contract	1.0	19.0
Order backlog	1.0	7.0
IPR&D	7.0	6.8
Estimated fair value of acquired intangibles		$	85.2

The value of goodwill reflects the anticipated synergies of the expected benefits from future generations of acquired IP and workforce of the transferred assets as of the Closing Date. As of March 2025, approximately $16.0 million of the goodwill is expected to be deductible for income tax purposes.

The condensed consolidated financial statements include approximately $12.8 million of revenue from the Closing Date through March 2025. It is impracticable to determine the effect on net income attributable to the acquisition as we had integrated a substantial portion of the acquisition into our ongoing operations at the close.

We determined it is impractical to include pro forma information given the difficulty in obtaining the historical financial information for the acquisition as the business was part of Broadcom and did not have discrete financial information prior to the acquisition. Inclusion of such information would require us to make estimates and assumptions regarding the acquired business historical financial results that we believe may ultimately prove inaccurate.

Balance Sheet Components - Schedule of Other Long-Term Liabilities (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Payables and Accruals [Abstract]
Operating lease liabilities	$ 35.6	$ 37.9
Deferred tax liabilities	7.1	27.9
Income taxes payable	25.1	27.8
Other	17.8	20.5
Other long-term liabilities	$ 85.6	$ 114.1

Acquisitions - Summary of Adjusted Purchase Price (Details) - Broadcom Business Acquisition - USD ($) $ in Millions		9 Months Ended
	Jan. 19, 2025	Mar. 29, 2025
Business Acquisition [Line Items]
Cash	$ 198.0
Adjustments to consideration transferred		$ 47.6
Adjusted purchase price		$ 245.6

Balance Sheet Components (Tables)

9 Months Ended

Mar. 29, 2025

Payables and Accruals [Abstract]

Schedule of Accounts Receivable, Net

Accounts receivable, net, consisted of the following (in millions):


	March		June
	2025		2024
Accounts receivable	$	136.2	$	146.6
Less: Allowance for credit losses	(4.2)		(4.2)
Accounts receivable, net	$	132.0	$	142.4

Schedule of Other Non-current Assets

Other non-current assets consisted of the following (in millions):


	March		June
	2025		2024
Prepayment of intangible assets	$	139.3	$	42.5
Right-of-use assets	44.4		46.8
Other	29.4		47.5
Other non-current assets	$	213.1	$	136.8

Schedule of Other Accrued Liabilities

Other accrued liabilities consisted of the following (in millions):


	March		June
	2025		2024
Customer obligations	$	58.3	$	58.2
Inventory obligations	6.3		5.6
Operating lease liabilities	11.6		11.5
Income taxes payable	3.4		42.2
Other	31.2		38.8
Other accrued liabilities	$	110.8	$	156.3

Schedule of Other Long-Term Liabilities

Other long-term liabilities consisted of the following (in millions):


	March		June
	2025		2024
Operating lease liabilities	$	35.6	$	37.9
Deferred tax liabilities	7.1		27.9
Income taxes payable	25.1		27.8
Other	17.8		20.5
Other long-term liabilities	$	85.6	$	114.1

Balance Sheet Components - Schedule of Other Accrued Liabilities (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Payables and Accruals [Abstract]
Customer obligations	$ 58.3	$ 58.2
Inventory obligations	6.3	5.6
Operating lease liabilities	11.6	11.5
Income taxes payable	3.4	42.2
Other	31.2	38.8
Other accrued liabilities	$ 110.8	$ 156.3

Restructuring Activities - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Restructuring Cost And Reserve [Line Items]
Restructuring costs	$ 0.5	$ (0.2)	$ 15.5	$ 9.1
Incurred restructuring charges			0.5
Q1 2025 Restructuring Plan
Restructuring Cost And Reserve [Line Items]
Restructuring costs	$ 0.5		$ 15.0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Fair Value Measurements (Tables)

9 Months Ended

Mar. 29, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on a Recurring Basis

At March 2025 and June 2024, financial assets measured at fair value on a recurring basis are summarized below (in millions):


	March 2025						June 2024
	Level 1		Level 2		Total (1)		Level 1		Level 2		Total (1)
Assets:
Cash equivalents:
Money market funds	$	6.3	$	—	$	6.3	$	600.4	$	—	$	600.4
Certificates of deposit	—		13.1		13.1		—		38.1		38.1
Short-term investments:
Certificates of deposit	—		61.0		61.0		—		—		—
Total assets	$	6.3	$	74.1	$	80.4	$	600.4	$	38.1	$	638.5

(1)Excludes $341.0 million and $238.4 million in cash held in our bank accounts as of March 2025 and June 2024, respectively. We did not have any financial assets requiring Level 3 measurement in the periods presented.

Schedule of Carrying Amounts and Estimated Fair Values of the Notes

The carrying amounts and estimated fair values of the Notes are as follows for the periods presented (in millions):


	March 2025				June 2024
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Senior Notes due 2029	$	396.8	$	364.1	$	396.3	$	359.6
Term Loan Facility due 2028	—		—		576.6		577.0
Convertible Senior Notes due 2031	437.4		409.7		—		—
	$	834.2	$	773.8	$	972.9	$	936.6

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Mar. 29, 2025	May 01, 2025
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 29, 2025
Document Transition Report	false
Entity File Number	000-49602
Entity Registrant Name	SYNAPTICS INCORPORATED
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	77-0118518
Entity Address, Address Line One	1109 McKay Drive
Entity Address, City or Town	San Jose
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	95131
City Area Code	408
Local Phone Number	904-1100
Title of 12(b) Security	Common Stock, par value $.001 per share
Trading Symbol	SYNA
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		38,545,458
Entity Central Index Key	0000817720
Current Fiscal Year End Date	--06-28
Amendment Flag	false
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q3

Share-Based Compensation (Tables)

9 Months Ended

Mar. 29, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Recognized in our Condensed Consolidated Statements of Operations

Share-based compensation recognized in our condensed consolidated statements of operations was as follows (in millions):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
Cost of revenue	$	0.3	$	1.0	$	(2.1)	$	3.2
Research and development	18.5		15.0		48.6		45.7
Selling, general, and administrative	1.1		13.9		35.2		43.4
Total	$	19.9	$	29.9	$	81.7	$	92.3

Schedule of Stock Units Activity

RSU activity was as follows:


	RSU Awards Outstanding	Aggregate Intrinsic Value (in millions)
Balance as of June 2024	1,620,006
Granted	2,378,558
Vested	(738,663)
Forfeited	(333,819)
Balance as of March 2025	2,926,082	$	184.5

MSU activity was as follows:


	MSU Awards Outstanding	Aggregate Intrinsic Value (in millions)
Balance as of June 2024	200,513
Granted	120,765
Delivered	(55,603)
Forfeited	(143,689)
Balance as of March 2025	121,986	$	7.7

PSU activity was as follows:


	PSU Awards Outstanding	Aggregate Intrinsic Value (in millions)
Balance as of June 2024	265,362
Granted	205,025
Delivered	(16,843)
Forfeited	(228,128)
Balance as of March 2025	225,416	$	14.2

Schedule of Shares Purchased, Weighted Average Purchase Price, Cash Received, and Aggregate Intrinsic Value for ESPP


Shares purchased	237,508
Weighted average purchase price	$	58.5
Cash received	$	13.9
Aggregate intrinsic value	$	2.5

Revenue Recognition	9 Months Ended
Revenue Recognition	Mar. 29, 2025
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Revenue is recognized when control of the promised goods or services is transferred to our customers in an amount that reflects the consideration we expect to receive in exchange for those goods or services. Most of our revenue, except an inconsequential amount, is recognized at a point in time, either on shipment or delivery of the product, depending on customer terms and conditions. Rights to our intellectual property, or IP, are either sold or licensed to customers. Revenue recognition from the licensing of our IP is dependent on the nature and terms of each agreement. We recognize revenue from the licensing of our IP upon delivery of the IP if there are no substantive future obligations to perform under the arrangement. Sales-based or usage-based royalties from the license of IP are recognized at the later of the period the sale or usage occurs, or the satisfaction of the performance obligation to which some or all of the sales-based or usage-based royalties have been allocated. Our accounts receivable balance is from contracts with customers and represents our unconditional right to receive consideration from customers. To date, there have been no material credit loss charges recorded on accounts receivable. As of March 2025 and June 2024, contract assets recorded on our condensed consolidated balance sheets were $1.2 million. Contract assets are presented as part of prepaid expenses and other current assets. Contract liabilities and refund liabilities were $14.8 million and $43.5 million, respectively, as of March 2025, and $14.7 million and $43.5 million, respectively, as of June 2024. Both contract liabilities and refund liabilities are presented as customer obligations in Note 10. Balance Sheet Components. During the three months ended March 2025 and March 2024, we recognized $0.2 million and $0.7 million, respectively, in revenue related to contract liabilities, which was outstanding as of the beginning of each fiscal quarter. During the nine months ended March 2025 and March 2024, we recognized $13.7 million and $3.0 million, respectively, in revenue related to contract liabilities, which were outstanding as of the beginning of each fiscal quarter. Revenue from contracts with customers disaggregated by geographic area based on customer location and product category is presented in Note 15. Segment, Customers, and Geographical Information.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-9

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-15

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-12

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/606/tableOfContent

+ Details

Acquisitions - Summary of Estimated Fair Values Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jan. 30, 2025	Jun. 29, 2024	Jun. 24, 2023
Business Acquisition [Line Items]
Goodwill	$ 872.3		$ 816.4	$ 816.4
Broadcom Business Acquisition
Business Acquisition [Line Items]
Long-term assets for product roadmap intellectual properties		$ 96.8
Acquired intangible assets		85.2
Goodwill	$ 16.0	52.3
Deferred tax asset		11.3
Net assets acquired		$ 245.6

- Definition

Amount, after accumulated impairment loss, of asset representing future economic benefit arising from other asset acquired in business combination or from joint venture formation or both, that is not individually identified and separately recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 49
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-49

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 3: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 852
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481372/852-10-55-10

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(15))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482598/350-20-45-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(10)(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1

+ Details

Restructuring Activities - Restructuring Liability Activities (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Restructuring Reserve [Roll Forward]
Balance, beginning of period	$ 3.0		$ 1.4
Charges	0.5	$ (0.2)	15.5	$ 9.1
Payments	(3.5)		(16.9)
Balance, end of period	$ 0.0		$ 0.0

Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Millions	9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024
Leases [Abstract]
Cash paid for operating leases included in operating cash flows	$ 10.2	$ 8.2
Supplemental non-cash information related to lease liabilities arising from obtaining right-of-use assets	$ 6.2	$ 4.1

Balance Sheet Components - Schedule of Other Non Current Assets (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Payables and Accruals [Abstract]
Prepayment of intangible assets	$ 139.3	$ 42.5
Right-of-use assets	44.4	46.8
Other	29.4	47.5
Other non-current assets	$ 213.1	$ 136.8

Inventories (Tables)

9 Months Ended

Mar. 29, 2025

Inventory Disclosure [Abstract]

Schedule of Inventories

Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value and consisted of the following (in millions):


	March		June
	2025		2024
Raw materials and work-in-progress	$	73.6	$	69.5
Finished goods	59.3		44.5
Inventories	$	132.9	$	114.0

Segment, Customers, and Geographic Information - Narrative (Details)	9 Months Ended
	Mar. 29, 2025 productCategory Segment
Segment Reporting [Abstract]
Number of operating segments \| Segment	1
Number of product categories \| productCategory	3

Debt (Tables)

9 Months Ended

Mar. 29, 2025

Debt Disclosure [Abstract]

Schedule of Redemption Prices and Unpaid Interest

On or after June 15, 2024, we may redeem some or all of the Senior Notes at the redemption prices specified below, plus accrued and unpaid interest, if any, up to, but excluding, the redemption date:


Year	Price
2024	102	%
2025	101	%
2026 and thereafter	100	%

Schedule Of Debt Agreements Carrying Amount

The net carrying amounts of our debt agreements are as follows (in millions):


	March 2025								June 2024
	Senior Notes		Term Loan Facility		2031 Notes		Total		Senior Notes		Term Loan Facility		Total
Principal balance	$	400.0	$	—	$	450.0	$	850.0	$	400.0	$	583.5	$	983.5
Unamortized issuance costs	(3.2)		—		(12.6)		(15.8)		(3.7)		(6.9)		(10.6)
Net carrying amount	$	396.8	$	—	$	437.4	$	834.2	$	396.3	$	576.6	$	972.9

Schedule Of Interest Expense Related to Debt Agreement

Interest expense related to the debt agreements for the three months ended March 2025 and March 2024 was as follows (in millions):


	Three Months Ended
	March 2025								March 2024
	Senior Notes		2031 Notes		Revolving Credit Facility		Total		Senior Notes		Term Loan Facility		Revolving Credit Facility		Total
Interest expense	$	4.0	$	0.8	$	0.2	$	5.0	$	4.0	$	11.5	$	0.1	$	15.6
Amortization of debt issuance costs	0.1		0.5		0.1		0.7		0.1		0.4		0.1		0.6
Total interest expense	$	4.1	$	1.3	$	0.3	$	5.7	$	4.1	$	11.9	$	0.2	$	16.2

Interest expense related to the debt agreements for the nine months ended March 2025 and March 2024 was as follows (in millions):


	Nine Months Ended
	March 2025										March 2024
	Senior Notes		2031 Notes		Revolving Credit Facility		Term Loan Facility		Total		Senior Notes		Term Loan Facility		Revolving Credit Facility		Total
Interest expense	$	12.0	$	1.2	$	0.4	$	18.8	$	32.4	$	12.0	$	34.6	$	0.3	$	46.9
Amortization of debt issuance costs	0.5		0.7		0.3		0.4		1.9		0.5		1.2		0.2		1.9
Total interest expense	$	12.5	$	1.9	$	0.7	$	19.2	$	34.3	$	12.5	$	35.8	$	0.5	$	48.8

Restructuring Activities (Tables)

9 Months Ended

Mar. 29, 2025

Restructuring and Related Activities [Abstract]

Restructuring Liability Activities

The following table summarizes the restructuring activity and related charges during the periods presented (in millions):


	Three Months Ended		Nine Months Ended
	March 2025
Balance, beginning of period	$	3.0	$	1.4
Charges	0.5		15.5
Payments	(3.5)		(16.9)
Balance, end of period	$	—	$	—

Cash and Cash Equivalents and Short-Term Investments (Tables)

9 Months Ended

Mar. 29, 2025

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

Schedule of Cash and Cash Equivalents

The following table summarizes our cash and cash equivalents by category at March 2025 and June 2024 (in millions):


	March 2025						June 2024
	Amortized Cost		Gross unrealized loss		Fair Value		Amortized Cost		Gross unrealized loss		Fair Value
Cash	$	341.0	$	—	$	341.0	$	238.4	$	—	$	238.4
Cash equivalents:
Money market funds	6.3		—		6.3		600.4		—		600.4
Certificates of deposit	13.1		—		13.1		38.1		—		38.1
Total cash and cash equivalents	$	360.4	$	—	$	360.4	$	876.9	$	—	$	876.9
Short-term investments:
Certificates of deposit	$	61.0	$	—	$	61.0	$	—	$	—	$	—

Segment, Customers, and Geographic Information - Net Revenue within Geographic Areas Based on Customers' Locations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	$ 266.6	$ 237.3	$ 791.5	$ 712.0
China/Hong Kong
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	113.3	102.2	353.2	314.6
Taiwan
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	86.1	54.7	227.6	141.1
Japan
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	29.1	47.7	110.9	157.2
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	18.9	14.2	42.0	36.2
South Korea
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	18.1	16.0	52.1	42.7
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Net revenue	$ 1.1	$ 2.5	$ 5.7	$ 20.2

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-4

+ Details

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Mar. 29, 2025	Jun. 29, 2024
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred Stock, Shares Outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	120,000,000	120,000,000
Common stock, shares issued (in shares)	70,504,190	69,683,991
Common stock, shares outstanding (in shares)	38,854,889	39,567,552
Common treasury shares (in shares)	31,649,301	30,116,439

Goodwill and Acquired Intangibles, Net - Schedule of Expected Annual Aggregate Amortization Expense (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2025	$ 34.1
2026	112.5
2027	62.2
2028	42.5
2029	19.4
Thereafter	25.6
Finite-Lived Intangible Assets, Net, Total	$ 296.3	$ 288.4

Inventories

9 Months Ended

Mar. 29, 2025

Inventory Disclosure [Abstract]

Inventories

Inventories are stated at the lower of cost (first-in, first-out method) or net realizable value and consisted of the following (in millions):


	March		June
	2025		2024
Raw materials and work-in-progress	$	73.6	$	69.5
Finished goods	59.3		44.5
Inventories	$	132.9	$	114.0

Inventories are recorded at standard cost, which approximates actual cost computed on a first-in, first-out basis. We record a write-down, if necessary, to reduce the carrying value of inventory to its net realizable value. The effect of such a write-down is to establish a new cost basis in the related inventory, which we do not subsequently write up. We also record a liability and charge to cost of revenue for estimated losses on inventory we are obligated to purchase from our contract manufacturers when such losses become probable from customer delays, order cancellations, or other factors. The following factors influence our estimates: changes to or cancellations of customer orders, unexpected or sudden decline in demand, rapid product improvements, technological advances, and termination or changes by our original equipment manufacturers, or OEM, customers of any product offerings incorporating our product solutions.

Acquisitions - Summary of Estimated Intangible Assets (Details) - USD ($) $ in Millions		9 Months Ended
	Jan. 30, 2025	Mar. 29, 2025
Business Acquisition [Line Items]
Estimated Weighted Average Useful Lives in Years		4 years 10 months 24 days
Broadcom Business Acquisition
Business Acquisition [Line Items]
Estimated Fair Value	$ 85.2
Developed technology \| Broadcom Business Acquisition
Business Acquisition [Line Items]
Estimated Weighted Average Useful Lives in Years	3 years
Estimated Fair Value	$ 24.5
Customer contract and related relationships \| Broadcom Business Acquisition
Business Acquisition [Line Items]
Estimated Weighted Average Useful Lives in Years	8 years
Estimated Fair Value	$ 27.9
Favorable component of supply contract \| Broadcom Business Acquisition
Business Acquisition [Line Items]
Estimated Weighted Average Useful Lives in Years	1 year
Estimated Fair Value	$ 19.0
Order backlog \| Broadcom Business Acquisition
Business Acquisition [Line Items]
Estimated Weighted Average Useful Lives in Years	1 year
Estimated Fair Value	$ 7.0
IPR&D \| Broadcom Business Acquisition
Business Acquisition [Line Items]
Estimated Weighted Average Useful Lives in Years	7 years
Estimated Fair Value	$ 6.8

Segment, Customers, and Geographic Information - Major Customer as Percentage of Accounts Receivable (Details) - Accounts Receivable - Credit Concentration Risk	9 Months Ended	12 Months Ended
	Mar. 29, 2025	Jun. 29, 2024
Customer A
Revenue, Major Customer [Line Items]
Major customers as a percentage	15.00%	12.00%
Customer B
Revenue, Major Customer [Line Items]
Major customers as a percentage	14.00%	12.00%
Customer F
Revenue, Major Customer [Line Items]
Major customers as a percentage		18.00%
Customer D
Revenue, Major Customer [Line Items]
Major customers as a percentage	11.00%
Customer E
Revenue, Major Customer [Line Items]
Major customers as a percentage	11.00%
Customer F
Revenue, Major Customer [Line Items]
Major customers as a percentage	10.00%

Goodwill and Acquired Intangibles, Net - Summary of Net Carrying Amounts Excluding Fully Amortized Intangible Assets (Details) - USD ($) $ in Millions	9 Months Ended
	Mar. 29, 2025	Jun. 29, 2024
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life in Years	4 years 10 months 24 days
Gross Carrying Value	$ 882.8	$ 794.7
Accumulated Amortization	(586.5)	(506.3)
Finite-Lived Intangible Assets, Net, Total	$ 296.3	288.4
Audio and video technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life in Years	5 years 7 months 6 days
Gross Carrying Value	$ 231.9	231.9
Accumulated Amortization	(192.6)	(175.5)
Finite-Lived Intangible Assets, Net, Total	$ 39.3	56.4
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life in Years	4 years 8 months 12 days
Gross Carrying Value	$ 187.1	158.2
Accumulated Amortization	(146.1)	(134.1)
Finite-Lived Intangible Assets, Net, Total	$ 41.0	24.1
Wireless connectivity technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life in Years	5 years 3 months 18 days
Gross Carrying Value	$ 271.9	245.5
Accumulated Amortization	(126.0)	(90.1)
Finite-Lived Intangible Assets, Net, Total	$ 145.9	155.4
Video interface technology
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life in Years	3 years 4 months 24 days
Gross Carrying Value	$ 133.0	133.0
Accumulated Amortization	(94.7)	(85.2)
Finite-Lived Intangible Assets, Net, Total	$ 38.3	47.8
Other
Finite-Lived Intangible Assets [Line Items]
Weighted Average Life in Years	2 years 10 months 24 days
Gross Carrying Value	$ 52.1	26.1
Accumulated Amortization	(27.1)	(21.4)
Finite-Lived Intangible Assets, Net, Total	25.0	4.7
IPR&D
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	6.8	0.0
Accumulated Amortization	0.0	0.0
Finite-Lived Intangible Assets, Net, Total	$ 6.8	$ 0.0

Segment, Customers, and Geographic Information - Schedule of Net Revenue from External Customers (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Revenue from External Customer [Line Items]
Net revenue	$ 266.6	$ 237.3	$ 791.5	$ 712.0
Enterprise and Automotive product applications
Revenue from External Customer [Line Items]
Net revenue	153.8	134.7	460.5	426.1
Core IoT product applications \| Core Io T
Revenue from External Customer [Line Items]
Net revenue	67.5	47.3	188.2	123.3
Mobile product applications
Revenue from External Customer [Line Items]
Net revenue	$ 45.3	$ 55.3	$ 142.8	$ 162.6

- Definition

+ References

+ Details

Segment, Customers, and Geographic Information

9 Months Ended

Mar. 29, 2025

Segment Reporting [Abstract]

Segment, Customers, and Geographic Information

We operate in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products. We generate our revenue from three broad product categories: Core IoT, Enterprise and Automotive, and Mobile product applications. A summary of our products and how they are categorized is as follows:

•Core IoT: Wireless and Processor Solutions

•Enterprise and Automotive: PC Touch Pad, PC Fingerprint, Video Interface Solutions, Enterprise Audio Solutions, Fax and Printer Solutions, and Automotive Solutions

•Mobile: Touch and Display Solutions for Mobile phone applications

Net revenue from our customers for each product category was as follows (in millions):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
Enterprise and Automotive product applications	$	153.8	$	134.7	$	460.5	$	426.1
Core IoT product applications	67.5		47.3		188.2		123.3
Mobile product applications	45.3		55.3		142.8		162.6
	$	266.6	$	237.3	$	791.5	$	712.0

Net revenue by geographic region, based on the billing location of our customers, for the periods presented were as follows (in millions):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
China/Hong Kong	$	113.3	$	102.2	$	353.2	$	314.6
Taiwan	86.1		54.7		227.6		141.1
Japan	29.1		47.7		110.9		157.2
Other	18.9		14.2		42.0		36.2
South Korea	18.1		16.0		52.1		42.7
United States	1.1		2.5		5.7		20.2
	$	266.6	$	237.3	$	791.5	$	712.0

Net revenue from major customers as a percentage of total net revenue for the periods presented was as follows:


	Three Months Ended		Nine Months Ended
	March		March
	2025	2024	2025	2024
Customer A	18%	12%	15%	*
Customer B	*	*	11%	13%

____________________

* Less than 10%

We extend credit based on evaluation of a customer’s financial condition, and we generally do not require collateral. Major customer accounts receivable as a percentage of total accounts receivable were as follows:


	March	June
	2025	2024
Customer A	15%	12%
Customer B	14%	12%
Customer C	*	18%
Customer D	11%	*
Customer E	11%	*
Customer F	10%	*

____________________

* Less than 10%

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 54
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-54

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 47
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-47

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 34
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-34

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 15
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-15

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/280/tableOfContent

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 26
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-26

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-21

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

+ Details

Debt - Narrative (Details) $ / shares in Units, $ in Millions				3 Months Ended		9 Months Ended
	Nov. 21, 2024 USD ($)	Nov. 19, 2024 USD ($) productCategory d $ / shares	Nov. 14, 2024 USD ($) $ / shares shares	Mar. 29, 2025 USD ($) shares	Mar. 30, 2024 USD ($)	Mar. 29, 2025 USD ($) $ / shares shares	Mar. 30, 2024 USD ($)	Nov. 26, 2024 USD ($)	Nov. 20, 2024 USD ($)	Jun. 29, 2024 USD ($)	Dec. 02, 2021 USD ($)	Mar. 11, 2021 USD ($)
Debt Instrument [Line Items]
Payment of debt issuance costs on convertible senior notes and revolving credit facility						$ 4.4	$ 0.0
Amortization of debt issuance costs				$ 0.7	$ 0.6	$ 1.9	1.9
Percentage of voting capital stock						65.00%
Percentage of non-voting capital stock						100.00%
Repurchase of common stock			$ 67.0	990.8		$ 990.8				$ 878.0
Common stock repurchased (in shares) \| shares			890,484
Repurchase of common stock (in dollar per share) \| $ / shares			$ 75.24
Cost of the capped call transactions				49.9
Accrued and unpaid interest				5.7	16.2	34.3	48.8
Loss on early extinguishment of debt				$ 0.0	0.0	$ 6.5	0.0
Call Option
Debt Instrument [Line Items]
Option indexed to issuer's equity, strike price (in dollars per share) \| $ / shares						$ 99.69
Option indexed to issuer's equity, cap price (in dollars per share) \| $ / shares						$ 150.48
Option indexed to issuer's equity, indexed shares \| shares				4,500,000		4,500,000
Senior Notes due 2029
Debt Instrument [Line Items]
Amortization of debt issuance costs				$ 0.1	0.1	$ 0.5	0.5
Accrued and unpaid interest				4.1	4.1	12.5	12.5
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Amortization of debt issuance costs				0.1	0.1	0.3	0.2
Accrued and unpaid interest				$ 0.3	0.2	$ 0.7	0.5
4.0% Senior Notes Due 2029 \| Senior Notes due 2029
Debt Instrument [Line Items]
Carrying Amount												$ 400.0
Debt instrument interest rate, stated percentage				4.00%		4.00%
4.0% Senior Notes Due 2029 \| Senior Notes due 2029
Debt Instrument [Line Items]
Debt instrument interest rate, stated percentage												4.00%
Senior Notes due 2029
Debt Instrument [Line Items]
Aggregate principal for accelerated maturity, percentage				25.00%		25.00%
Fourth Amended And Restated Credit Agreement \| Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, covenant, liquidity, maturity term (in days)	91 days
Debt instrument, covenant, minimum liquidity	$ 100.0
Line of credit, maximum borrowing capacity	350.0								$ 250.0
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Accordion feature, increase limit	170.0
Outstanding principal amount				$ 0.0		$ 0.0
Payment of debt issuance costs on convertible senior notes and revolving credit facility	$ 2.0
Debt amortization period	60 months
Amortization of debt issuance costs				0.1	0.1	0.3	0.2
Line of credit facility, commitment fee amount				0.2	0.1	$ 0.4	0.3
Covenant anniversary period	18 months
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Debt Covenant, Period One
Debt Instrument [Line Items]
Maximum leverage ratio permitted	3.75%
Minimum interest coverage ratio	2.75%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Debt Covenant, Period Two
Debt Instrument [Line Items]
Maximum leverage ratio permitted	4.75%
Minimum interest coverage ratio	300.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Debt Covenant, Period Three
Debt Instrument [Line Items]
Maximum leverage ratio permitted	3.75%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Minimum
Debt Instrument [Line Items]
Commitment fee percentage of unused portion	0.175%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Maximum
Debt Instrument [Line Items]
Commitment fee percentage of unused portion	0.25%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Federal Funds Rates
Debt Instrument [Line Items]
Basis spread on variable rate						50.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate	100.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| SOFR \| Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	100.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| SOFR \| Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	175.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Base Rate \| Minimum
Debt Instrument [Line Items]
Basis spread on variable rate	25.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Revolving Credit Facility \| Base Rate \| Maximum
Debt Instrument [Line Items]
Basis spread on variable rate	100.00%
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Letter of Credit
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 25.0
Fourth Amended And Restated Credit Agreement \| Line of Credit \| Bridge Loan
Debt Instrument [Line Items]
Line of credit, maximum borrowing capacity	$ 25.0
Convertible Senior Notes due 2031 \| Convertible Debt
Debt Instrument [Line Items]
Carrying Amount		$ 400.0						$ 50.0
Debt instrument interest rate, stated percentage		0.75%
Amortization of debt issuance costs				0.5		$ 0.7
Net proceeds from discounts and commissions and our estimated offering expenses		$ 435.6
Conversion ratio		0.0100308
Conversion price (in dollar per share) \| $ / shares		$ 99.69
Redemption of debt, threshold percentage of stock price trigger		130.00%
Redemption of debt, threshold trading days \| productCategory		20
Redemption of debt, threshold consecutive trading days \| productCategory		30
Outstanding principal amount of notes		$ 100.0
Accrued and unpaid interest				1.3		1.9
Convertible Senior Notes due 2031 \| Convertible Debt \| Debt Conversion Terms One
Debt Instrument [Line Items]
Threshold percentage of stock price trigger		130.00%
Threshold trading days \| d		20
Threshold consecutive trading days \| d		30
Convertible Senior Notes due 2031 \| Convertible Debt \| Debt Conversion Terms Two
Debt Instrument [Line Items]
Threshold percentage of stock price trigger		98.00%
Threshold trading days \| productCategory		5
Threshold consecutive trading days \| productCategory		10
Term Loan Facility \| Line of Credit \| Secured Debt
Debt Instrument [Line Items]
Carrying Amount											$ 600.0
Debt instrument interest rate, stated percentage											1.00%
Outstanding principal amount		$ 582.0
Amortization of debt issuance costs					0.4	0.4	1.2
Repayments of debt		583.4
Accrued and unpaid interest		$ 1.4			$ 11.9	19.2	$ 35.8
Loss on early extinguishment of debt				$ 6.5		$ 6.5

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Statement of Comprehensive Income [Abstract]
Net loss	$ (21.8)	$ (18.1)	$ (43.1)	$ (82.7)
Unrealized income on available-for-sale-securities	0.0	0.0	0.0	0.2
Comprehensive loss	$ (21.8)	$ (18.1)	$ (43.1)	$ (82.5)

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-3

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-4

Reference 17: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-10

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479105/946-220-45-7

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-7

Reference 34: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B

Reference 37: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

Net Loss Per Share - Computation of Basic and Diluted Net Income (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended						9 Months Ended
	Mar. 29, 2025	Dec. 28, 2024	Sep. 28, 2024	Mar. 30, 2024	Dec. 30, 2023	Sep. 30, 2023	Mar. 29, 2025	Mar. 30, 2024
Numerator:
Net loss	$ (21.8)	$ 1.8	$ (23.1)	$ (18.1)	$ (9.0)	$ (55.6)	$ (43.1)	$ (82.7)
Denominator:
Shares, basic (in shares)	39.0			39.3			39.5	39.1
Effect of dilutive share-based awards (in shares)	0.0			0.0			0.0	0.0
Shares, diluted (in shares)	39.0			39.3			39.5	39.1
Net loss per share:
Basic (in dollars per share)	$ (0.56)			$ (0.46)			$ (1.09)	$ (2.12)
Diluted (in dollars per share)	$ (0.56)			$ (0.46)			$ (1.09)	$ (2.12)

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

+ Details

- Definition

The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended						9 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Mar. 29, 2025	Dec. 28, 2024	Sep. 28, 2024	Mar. 30, 2024	Dec. 30, 2023	Sep. 30, 2023	Mar. 29, 2025	Mar. 30, 2024
Pay vs Performance Disclosure
Net income (loss)	$ (21.8)	$ 1.8	$ (23.1)	$ (18.1)	$ (9.0)	$ (55.6)	$ (43.1)	$ (82.7)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

Leases - Schedule of Future Minimum Lease Payments for Operating Leases (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Leases [Abstract]
Remainder of 2025	$ 4.2
2026	12.8
2027	9.0
2028	7.2
2029	6.3
Thereafter	15.2
Total future minimum operating lease payments	54.7
Less: interest	(7.5)
Total operating lease liabilities	$ 47.2	$ 49.4
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Total operating lease liabilities	Total operating lease liabilities

Goodwill and Acquired Intangibles, Net - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 29, 2025 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible asset impairment charge	$ 13.8

Net Loss Per Share

9 Months Ended

Mar. 29, 2025

Earnings Per Share [Abstract]

Net Loss Per Share

The computation of basic and diluted net loss per share was as follows (in millions, except per share data):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
Numerator:
Net loss	$	(21.8)	$	(18.1)	$	(43.1)	$	(82.7)
Denominator:
Shares, basic	39.0		39.3		39.5		39.1
Effect of dilutive share-based awards	—		—		—		—
Shares, diluted	39.0		39.3		39.5		39.1
Net loss per share:
Basic	$	(0.56)	$	(0.46)	$	(1.09)	$	(2.12)
Diluted	$	(0.56)	$	(0.46)	$	(1.09)	$	(2.12)

Our basic net loss per share amounts for each period presented have been computed using the weighted average number of shares of common stock, $0.001 par value, or the common stock, outstanding over the period measured. We have not presented diluted net loss per share as the inclusion of potentially dilutive shares would be antidilutive for all periods presented. As such, all net loss per share amounts reflect basic shares only. Our diluted net loss per share amounts for each period presented include the weighted average effect of potentially dilutive shares. We use the “treasury stock” method to determine the dilutive effect of our stock options, restricted stock units, or RSUs, market stock units, or MSUs, and performance stock units, or PSUs. Upon any conversion of our convertible notes, we will be required to pay cash in an amount at least equal to the principal portion and have the option to settle any amount in excess of the principal portion in cash and/or ordinary shares. As a result, only the amounts expected to be settled in excess of the principal portion are considered in calculating diluted earnings per share under the if-converted method. Potentially dilutive shares whose effect would have been antidilutive are excluded from the computation of diluted net loss per share.

Debt - Schedule Of Debt Agreements Carrying Amount (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Debt Instrument [Line Items]
Principal balance	$ 850.0	$ 983.5
Unamortized issuance costs	(15.8)	(10.6)
Net carrying amount	834.2	972.9
Senior Notes due 2029
Debt Instrument [Line Items]
Principal balance	400.0	400.0
Unamortized issuance costs	(3.2)	(3.7)
Net carrying amount	396.8	396.3
Line of Credit \| Term Loan Facility \| Secured Debt
Debt Instrument [Line Items]
Principal balance	0.0	583.5
Unamortized issuance costs	0.0	(6.9)
Net carrying amount	0.0	$ 576.6
Convertible Debt \| 2031 Notes
Debt Instrument [Line Items]
Principal balance	450.0
Unamortized issuance costs	(12.6)
Net carrying amount	$ 437.4

Net Loss Per Share (Tables)

9 Months Ended

Mar. 29, 2025

Earnings Per Share [Abstract]

Computation of Basic and Diluted Net Income (Loss) Per Share

The computation of basic and diluted net loss per share was as follows (in millions, except per share data):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
Numerator:
Net loss	$	(21.8)	$	(18.1)	$	(43.1)	$	(82.7)
Denominator:
Shares, basic	39.0		39.3		39.5		39.1
Effect of dilutive share-based awards	—		—		—		—
Shares, diluted	39.0		39.3		39.5		39.1
Net loss per share:
Basic	$	(0.56)	$	(0.46)	$	(1.09)	$	(2.12)
Diluted	$	(0.56)	$	(0.46)	$	(1.09)	$	(2.12)

Insider Trading Arrangements

3 Months Ended

9 Months Ended

Mar. 29, 2025

Trading Arrangements, by Individual

Material Terms of Trading Arrangement

During the fiscal quarter ended March 2025, none of our directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934) adopted, terminated or modified a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K), except for as described below:

Trading Arrangement

Name

Title

Action

Date

Rule 10b5-1*

Non-Rule 10b5-1**

Total Shares to be Sold

Expiration Date

Michael Hurlston (1)

Former President and Chief Executive Officer

Terminated

February 10, 2025

55,000

February 27, 2026

Lisa Bodensteiner

SVP, Chief Legal Officer and Secretary

Terminated

March 4, 2025

19,562

February 27, 2026

* Intended to satisfy the affirmative defense of Rule 10b5-1(c).

** Not intended to satisfy the affirmative defense of Rule 10b5-1(c).

(1) On January 28, 2025, Michael Hurlston notified the Company of his resignation from his position as President and Chief Executive Officer and from the board of directors of the Company, effective February 3, 2025.

Rule 10b5-1 Arrangement Adopted

false

Non-Rule 10b5-1 Arrangement Adopted

false

Non-Rule 10b5-1 Arrangement Terminated

false

Michael Hurlston [Member]

Trading Arrangements, by Individual

Name

Michael Hurlston

Title

Former President and Chief Executive Officer

Rule 10b5-1 Arrangement Terminated

true

Termination Date

February 10, 2025

Expiration Date

February 27, 2026

Aggregate Available

55,000

Lisa Bodensteiner [Member]

Trading Arrangements, by Individual

Name

Lisa Bodensteiner

Title

SVP, Chief Legal Officer and Secretary

Rule 10b5-1 Arrangement Terminated

true

Termination Date

March 4, 2025

Expiration Date

February 27, 2026

Aggregate Available

19,562

Share-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions		9 Months Ended
	Oct. 29, 2024	Mar. 29, 2025	Jan. 27, 2025	Dec. 27, 2024	Aug. 19, 2019
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate intrinsic value of stock option outstanding (in dollars per share)				$ 63.06
Unrecognized share-based compensation cost		$ 204.4
Unrecognized share-based compensation cost, period for recognition		1 year 11 months 23 days
Restricted Stock Units \| Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
RSUs granted generally vest period		3 years
Restricted Stock Units \| Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
RSUs granted generally vest period		4 years
Market Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate intrinsic value of stock option outstanding (in dollars per share)				63.06
Unrecognized share-based compensation cost		$ 9.8
Unrecognized share-based compensation cost, period for recognition		1 year 1 month 20 days
Requisite service period		3 years
Performance Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Aggregate intrinsic value of stock option outstanding (in dollars per share)				$ 63.06
Unrecognized share-based compensation cost		$ 13.6
Unrecognized share-based compensation cost, period for recognition		11 months 26 days
Requisite service period		3 years
2025 Inducement Equity Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock reserved for issuance (in shares)			1,700,000
Employee Stock Purchase Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares approved by stockholders (in shares)	7,588,000
Number of shares authorized to purchase (in shares)	1,500,000
2019 Inducement Equity Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock reserved for issuance (in shares)					650,000

Cash and Cash Equivalents and Short-Term Investments

9 Months Ended

Mar. 29, 2025

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

Cash and Cash Equivalents and Short-Term Investments

The following table summarizes our cash and cash equivalents by category at March 2025 and June 2024 (in millions):


	March 2025						June 2024
	Amortized Cost		Gross unrealized loss		Fair Value		Amortized Cost		Gross unrealized loss		Fair Value
Cash	$	341.0	$	—	$	341.0	$	238.4	$	—	$	238.4
Cash equivalents:
Money market funds	6.3		—		6.3		600.4		—		600.4
Certificates of deposit	13.1		—		13.1		38.1		—		38.1
Total cash and cash equivalents	$	360.4	$	—	$	360.4	$	876.9	$	—	$	876.9
Short-term investments:
Certificates of deposit	$	61.0	$	—	$	61.0	$	—	$	—	$	—

All of our short-term investments mature within one year.

Segment, Customers, and Geographic Information - Major Customers as Percentage of Net Revenue (Details) - Customer Concentration Risk - Sales Revenue, Net	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Customer A
Revenue, Major Customer [Line Items]
Major customers as a percentage	18.00%	12.00%	15.00%
Customer B
Revenue, Major Customer [Line Items]
Major customers as a percentage			11.00%	13.00%

Revenue Recognition - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024	Jun. 29, 2024
Revenue from Contract with Customer [Abstract]
Account receivable bad debt			$ 0.0
Contract asset	$ 1.2		1.2		$ 1.2
Contract liability	14.8		14.8		14.7
Refund liability	43.5		43.5		$ 43.5
Revenue recognized related to contract liabilities	$ 0.2	$ 0.7	$ 13.7	$ 3.0

Goodwill and Acquired Intangibles, Net - Schedule of Goodwill (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Mar. 29, 2025	Jun. 29, 2024
Goodwill [Roll Forward]
Beginning balance	$ 816.4	$ 816.4
Acquisition activity	55.9	0.0
Ending balance	$ 872.3	$ 816.4

- Definition

+ References

+ Details

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Income	Retained Earnings
Beginning balance (in shares) at Jun. 24, 2023		68,687,511
Beginning balance at Jun. 24, 2023	$ 1,243.4	$ 0.1	$ 1,009.2	$ (878.0)	$ 0.0	$ 1,112.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(55.6)					(55.6)
Other comprehensive income	0.1				0.1
Issuance of common stock for share-based award compensation plans (in shares)		612,283
Issuance of common stock for share-based award compensation plans	8.5		8.5
Payroll taxes related to net share settlement of share-based awards	(25.3)		(25.3)
Share-based compensation	33.2		33.2
Ending balance (in shares) at Sep. 30, 2023		69,299,794
Ending balance at Sep. 30, 2023	1,204.3	$ 0.1	1,025.6	(878.0)	0.1	1,056.5
Beginning balance (in shares) at Jun. 24, 2023		68,687,511
Beginning balance at Jun. 24, 2023	1,243.4	$ 0.1	1,009.2	(878.0)	0.0	1,112.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(82.7)
Ending balance (in shares) at Mar. 30, 2024		69,597,233
Ending balance at Mar. 30, 2024	1,235.4	$ 0.1	1,083.7	(878.0)	0.2	1,029.4
Beginning balance (in shares) at Sep. 30, 2023		69,299,794
Beginning balance at Sep. 30, 2023	1,204.3	$ 0.1	1,025.6	(878.0)	0.1	1,056.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(9.0)					(9.0)
Other comprehensive income	0.1				0.1
Issuance of common stock for share-based award compensation plans (in shares)		104,421
Payroll taxes related to net share settlement of share-based awards	(4.3)		(4.3)
Share-based compensation	29.2		29.2
Ending balance (in shares) at Dec. 30, 2023		69,404,215
Ending balance at Dec. 30, 2023	1,220.3	$ 0.1	1,050.5	(878.0)	0.2	1,047.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(18.1)					(18.1)
Issuance of common stock for share-based award compensation plans (in shares)		193,018
Issuance of common stock for share-based award compensation plans	7.4		7.4
Payroll taxes related to net share settlement of share-based awards	(4.1)		(4.1)
Share-based compensation	29.9		29.9
Ending balance (in shares) at Mar. 30, 2024		69,597,233
Ending balance at Mar. 30, 2024	1,235.4	$ 0.1	1,083.7	(878.0)	$ 0.2	1,029.4
Beginning balance (in shares) at Jun. 29, 2024		69,683,991
Beginning balance at Jun. 29, 2024	1,466.8	$ 0.1	1,107.0	(878.0)		1,237.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(23.1)					(23.1)
Issuance of common stock for share-based award compensation plans (in shares)		481,580
Issuance of common stock for share-based award compensation plans	7.7		7.7
Payroll taxes related to net share settlement of share-based awards	(11.3)		(11.3)
Share-based compensation	27.2		27.2
Ending balance (in shares) at Sep. 28, 2024		70,165,571
Ending balance at Sep. 28, 2024	1,467.3	$ 0.1	1,130.6	(878.0)		1,214.6
Beginning balance (in shares) at Jun. 29, 2024		69,683,991
Beginning balance at Jun. 29, 2024	1,466.8	$ 0.1	1,107.0	(878.0)		1,237.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(43.1)
Ending balance (in shares) at Mar. 29, 2025		70,504,190
Ending balance at Mar. 29, 2025	1,387.0	$ 0.1	1,183.1	(990.8)		1,194.6
Beginning balance (in shares) at Sep. 28, 2024		70,165,571
Beginning balance at Sep. 28, 2024	1,467.3	$ 0.1	1,130.6	(878.0)		1,214.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1.8					1.8
Issuance of common stock for share-based award compensation plans (in shares)		115,729
Issuance of common stock for share-based award compensation plans	0.0
Payroll taxes related to net share settlement of share-based awards	(3.0)		(3.0)
Common stock repurchased, inclusive of excise taxes	(74.7)			(74.7)
Purchase of capped calls related to the convertible senior notes	(49.9)		(49.9)
Share-based compensation	34.6		34.6
Ending balance (in shares) at Dec. 28, 2024		70,281,300
Ending balance at Dec. 28, 2024	1,376.1	$ 0.1	$ 1,112.3	(952.7)		1,216.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ (21.8)					(21.8)
Issuance of common stock for share-based award compensation plans (in shares)	6,200,000	222,890	6,200,000
Payroll taxes related to net share settlement of share-based awards	$ (2.9)		$ (2.9)
Common stock repurchased, inclusive of excise taxes	(38.1)			(38.1)
Share-based compensation attributable to acquisition	47.6		47.6
Share-based compensation	19.9		19.9
Ending balance (in shares) at Mar. 29, 2025		70,504,190
Ending balance at Mar. 29, 2025	$ 1,387.0	$ 0.1	$ 1,183.1	$ (990.8)		$ 1,194.6

Indemnifications and Contingencies	9 Months Ended
Indemnifications and Contingencies	Mar. 29, 2025
Commitments and Contingencies Disclosure [Abstract]
Indemnifications and Contingencies	Indemnifications and Contingencies Indemnifications We have entered into indemnification agreements with our officers and directors. In addition, in connection with certain agreements, we are obligated to indemnify the counterparty against third party claims alleging infringement of certain intellectual property rights by us. Maximum potential future payments under these agreements cannot be estimated because these agreements generally do not have a maximum stated liability. Historical costs related to these indemnification provisions have not been significant. However, we will accrue for any losses related to these indemnification agreements when it is both probable that we will incur the loss and we can reasonably estimate the amount of the loss or range of loss. As of March 2025, we recorded an estimated liability of $3.0 million related to our proportionate share of an indemnity obligation to defend a counterparty against a third party claim alleging infringement of certain intellectual property rights. Contingencies We have in the past, and may in the future, receive notices from third parties that claim our products infringe their intellectual property rights. We cannot be certain that our technologies and products do not, and will not, infringe issued patents or other proprietary rights of third parties. Any infringement claims, with or without merit, could result in significant litigation costs and diversion of management and financial resources, including the payment of damages, which could have a material adverse effect on our business, financial condition, and results of operations. Legal Proceedings From time to time, we are subject to various claims and legal proceedings, either asserted or unasserted, that arise in the ordinary course of business. While we currently believe that resolving claims against us, individually or in the aggregate, will not have a material adverse impact on our business, financial condition, or results of operations, these matters are subject to inherent uncertainties and our view of these matters may change in the future. We accrue for loss contingencies when it is both probable that we will incur the loss and we can reasonably estimate the amount of the loss or range of loss.

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Current Assets:
Cash and cash equivalents	$ 360.4	$ 876.9
Short-term investments	61.0	0.0
Accounts receivable, net	132.0	142.4
Inventories, net	132.9	114.0
Prepaid expenses and other current assets	26.3	29.0
Total current assets	712.6	1,162.3
Property and equipment, net	71.0	75.5
Goodwill	872.3	816.4
Acquired intangibles, net	296.3	288.4
Deferred tax assets	389.0	345.6
Other non-current assets	213.1	136.8
Total assets	2,554.3	2,825.0
Current Liabilities:
Accounts payable	90.0	87.5
Accrued compensation	46.7	27.4
Other accrued liabilities	110.8	156.3
Current portion of long-term debt	0.0	6.0
Total current liabilities	247.5	277.2
Long-term debt	834.2	966.9
Other long-term liabilities	85.6	114.1
Total liabilities	1,167.3	1,358.2
Stockholders' Equity:
$0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding	0.0	0.0
$0.001 par value; 120,000,000 shares authorized, 70,504,190 and 69,683,991 shares issued, 38,854,889 and 39,567,552 shares outstanding, at March 2025 and June 2024, respectively	0.1	0.1
Additional paid-in capital	1,183.1	1,107.0
Treasury stock: 31,649,301 and 30,116,439 common shares at March 2025 and June 2024, at cost	(990.8)	(878.0)
Retained earnings	1,194.6	1,237.7
Total stockholders' equity	1,387.0	1,466.8
Total liabilities and stockholders' equity	$ 2,554.3	$ 2,825.0

Goodwill and Acquired Intangibles, Net (Tables)

9 Months Ended

Mar. 29, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table represents the change in our goodwill balance for the nine and twelve month periods ended March 2025 and June 2024, respectively (in millions):


	March		June
	2025		2024
Beginning balance	$	816.4	$	816.4
Acquisition activity	55.9		—
Ending balance	$	872.3	$	816.4

Summary of Net Carrying Amounts Excluding Fully Amortized Intangible Assets

The following table summarizes the net carrying amounts, excluding fully amortized intangible assets (in millions, except for weighted-average life in years):


		March 2025						June 2024
	Weighted Average Life in Years	Gross Carrying Value		Accumulated Amortization		Net Carrying Value		Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Audio and video technology	5.6	$	231.9	$	(192.6)	$	39.3	$	231.9	$	(175.5)	$	56.4
Customer relationships	4.7	187.1		(146.1)		41.0		158.2		(134.1)		24.1
Wireless connectivity technology	5.3	271.9		(126.0)		145.9		245.5		(90.1)		155.4
Video interface technology	3.4	133.0		(94.7)		38.3		133.0		(85.2)		47.8
Other	2.9	52.1		(27.1)		25.0		26.1		(21.4)		4.7
IPR&D	Not applicable	6.8		—		6.8		—		—		—
Total intangible assets	4.9	$	882.8	$	(586.5)	$	296.3	$	794.7	$	(506.3)	$	288.4

Schedule of Amortization of Intangibles

The following table presents details of amortization for the periods presented (in millions):


	Three Months Ended					Nine Months Ended
	March				March
	2025		2024			2025		2024
Cost of revenue	$	26.5	$	14.3		$	68.1	$	46.5
Acquired intangibles amortization	4.5		4.0			12.1		13.4
Total amortization of intangibles	$	31.0	$	18.3		$	80.2	$	59.9

Schedule of Expected Annual Aggregate Amortization Expense

The following table presents the estimated future amortization expense of acquired amortizable intangible assets as of March 2025 (in millions):


Fiscal Year
Remainder of 2025	$	34.1
2026	112.5
2027	62.2
2028	42.5
2029	19.4
Thereafter	25.6
Future amortization	$	296.3

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 24
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482548/350-20-55-24

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1

Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482573/350-20-50-2

+ Details

Share-Based Compensation - Shares Purchased, Weighted Average Purchase Price, Cash Received, and Aggregate Intrinsic Value for ESPP (Details) - Employee Stock Purchase Plan $ / shares in Units, $ in Millions	9 Months Ended
	Mar. 29, 2025 USD ($) $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares purchased (in shares) \| shares	237,508
Weighted average purchase price (in dollars per share) \| $ / shares	$ 58.5
Cash received	$ 13.9
Aggregate intrinsic value	$ 2.5

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 1D
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480483/718-10-35-1D

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480483/718-10-35-3

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(1)(iv)(04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(01)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(02)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(2)(iii)(03)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(ii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iii)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(iv)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (f)(2)(v)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-2

+ Details

Cash and Cash Equivalents and Short-Term Investments (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Mar. 29, 2025	Jun. 29, 2024
Cash
Cash ,Cash Equivalents & Short Term Investments
Amortized Cost	$ 341.0	$ 238.4
Gross unrealized loss	0.0	0.0
Fair Value	341.0	238.4
Money market funds
Cash ,Cash Equivalents & Short Term Investments
Amortized Cost	6.3	600.4
Gross unrealized loss	0.0	0.0
Fair Value	6.3	600.4
Certificates of deposit
Cash ,Cash Equivalents & Short Term Investments
Amortized Cost	13.1	38.1
Gross unrealized loss	0.0	0.0
Fair Value	13.1	38.1
Certificates of deposit \| Short-Term Investments
Cash ,Cash Equivalents & Short Term Investments
Amortized Cost	61.0	0.0
Gross unrealized loss	0.0	0.0
Fair Value	61.0	0.0
Cash and Cash Equivalents
Cash ,Cash Equivalents & Short Term Investments
Amortized Cost	360.4	876.9
Gross unrealized loss	0.0	0.0
Fair Value	$ 360.4	$ 876.9

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024
Cash flows from operating activities
Net loss	$ (43.1)	$ (82.7)
Adjustments to reconcile net loss to net cash provided by operating activities:
Share-based compensation costs	81.7	92.3
Depreciation and amortization	21.8	20.8
Acquired intangibles amortization	80.2	59.9
Deferred taxes	(53.3)	(17.7)
Intangible asset impairment charges	13.8	0.0
Other	16.8	21.5
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net	10.6	20.1
Inventories, net	(17.5)	8.7
Prepaid expenses and other current assets	2.8	1.5
Other assets	15.3	2.9
Accounts payable	3.3	22.8
Accrued compensation	19.1	(20.3)
Income taxes payable	(43.0)	(46.9)
Other accrued liabilities	(23.7)	(12.0)
Net cash provided by operating activities	84.8	70.9
Cash flows from investing activities
Acquisition of business, net of cash and cash equivalents acquired	(198.8)	0.0
Proceeds from maturity of investments	0.0	26.0
Purchases of short-term investments	(61.0)	(16.6)
Purchases of property and equipment	(19.2)	(26.1)
Purchase of intangible assets	(10.0)	(13.5)
Advance payment on intangible assets	0.0	(116.5)
Net cash used in investing activities	(289.0)	(146.7)
Cash flows from financing activities
Proceeds from issuance of convertible senior notes, net of issuance costs	439.5	0.0
Payment of debt issuance costs on convertible senior notes and revolving credit facility	(4.4)	0.0
Payments for capped call transactions related to the convertible senior notes	(49.9)	0.0
Repurchases of common stock, excluding excise taxes	(112.3)	0.0
Proceeds from issuance of shares	13.9	15.9
Payroll taxes related to net share settlement of share-based awards	(17.2)	(33.7)
Repayment of debt	(583.5)	(6.0)
Other	0.9	3.4
Net cash used in financing activities	(313.0)	(20.4)
Effect of exchange rate changes on cash and cash equivalents	0.7	(0.4)
Net decrease in cash and cash equivalents	(516.5)	(96.6)
Cash and cash equivalents, beginning of period	876.9	924.7
Cash and cash equivalents, end of period	360.4	828.1
Supplemental disclosure of non-cash transactions
Deferred payment of purchase consideration	$ 3.2	$ 0.0

Fair Value Measurements - Schedule of Carrying Amounts and Estimated Fair Values of the Notes (Details) - USD ($) $ in Millions	Mar. 29, 2025	Nov. 26, 2024	Nov. 19, 2024	Jun. 29, 2024
Level 2
Debt Instrument [Line Items]
Carrying Amount	$ 834.2			$ 972.9
Estimated Fair Value	773.8			936.6
Senior Notes due 2029 \| Level 2
Debt Instrument [Line Items]
Carrying Amount	396.8			396.3
Estimated Fair Value	364.1			359.6
Term Loan Facility due 2028 \| Level 2
Debt Instrument [Line Items]
Carrying Amount	0.0			576.6
Estimated Fair Value	0.0			577.0
Convertible Debt \| Convertible Senior Notes due 2031
Debt Instrument [Line Items]
Carrying Amount		$ 50.0	$ 400.0
Convertible Debt \| Level 2 \| Convertible Senior Notes due 2031
Debt Instrument [Line Items]
Carrying Amount	437.4			0.0
Estimated Fair Value	$ 409.7			$ 0.0

- Definition

Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)(i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69C

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-10

+ Details

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482949/835-30-55-8

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(f))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69C

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69F
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69F

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1D
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1D

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1F
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1F

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 26: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 27: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482900/835-30-50-1

+ Details

Segment, Customers, and Geographic Information (Tables)

9 Months Ended

Mar. 29, 2025

Segment Reporting [Abstract]

Schedule of Net Revenue from Customers for each Product Category

Net revenue from our customers for each product category was as follows (in millions):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
Enterprise and Automotive product applications	$	153.8	$	134.7	$	460.5	$	426.1
Core IoT product applications	67.5		47.3		188.2		123.3
Mobile product applications	45.3		55.3		142.8		162.6
	$	266.6	$	237.3	$	791.5	$	712.0

Schedule of Net Revenue within Geographic Areas Based on Customers' Locations

Net revenue by geographic region, based on the billing location of our customers, for the periods presented were as follows (in millions):


	Three Months Ended				Nine Months Ended
	March				March
	2025		2024		2025		2024
China/Hong Kong	$	113.3	$	102.2	$	353.2	$	314.6
Taiwan	86.1		54.7		227.6		141.1
Japan	29.1		47.7		110.9		157.2
Other	18.9		14.2		42.0		36.2
South Korea	18.1		16.0		52.1		42.7
United States	1.1		2.5		5.7		20.2
	$	266.6	$	237.3	$	791.5	$	712.0

Schedule of Major Customers as Percentage of Net Revenue

Net revenue from major customers as a percentage of total net revenue for the periods presented was as follows:


	Three Months Ended		Nine Months Ended
	March		March
	2025	2024	2025	2024
Customer A	18%	12%	15%	*
Customer B	*	*	11%	13%

____________________

* Less than 10%


	March	June
	2025	2024
Customer A	15%	12%
Customer B	14%	12%
Customer C	*	18%
Customer D	11%	*
Customer E	11%	*
Customer F	10%	*

____________________

* Less than 10%

Acquisitions (Tables)

9 Months Ended

Mar. 29, 2025

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Business Acquisitions, by Acquisition

The following table summarizes the adjusted purchase price (in millions):


Cash	$	198.0
Adjustments to consideration transferred	47.6
Total purchase consideration	$	245.6

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes the amounts recorded for the estimated fair values of the assets acquired and liabilities assumed as of the Closing Date (in millions):


Long-term assets for product roadmap intellectual properties	$	96.8
Acquired intangible assets	85.2
Goodwill	52.3
Deferred tax asset	11.3
Net assets acquired	$	245.6

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination

The following table summarizes the estimate of the intangible assets as of the Closing Date (in millions):


	Estimated Weighted Average Useful Lives in Years	Estimated Fair Value
Developed technology	3.0	$	24.5
Customer contract and related relationships	8.0	27.9
Favorable component of supply contract	1.0	19.0
Order backlog	1.0	7.0
IPR&D	7.0	6.8
Estimated fair value of acquired intangibles		$	85.2

Balance Sheet Components

9 Months Ended

Mar. 29, 2025

Payables and Accruals [Abstract]

Balance Sheet Components

Accounts receivable, net, consisted of the following (in millions):


	March		June
	2025		2024
Accounts receivable	$	136.2	$	146.6
Less: Allowance for credit losses	(4.2)		(4.2)
Accounts receivable, net	$	132.0	$	142.4

Other non-current assets consisted of the following (in millions):


	March		June
	2025		2024
Prepayment of intangible assets	$	139.3	$	42.5
Right-of-use assets	44.4		46.8
Other	29.4		47.5
Other non-current assets	$	213.1	$	136.8

Other accrued liabilities consisted of the following (in millions):


	March		June
	2025		2024
Customer obligations	$	58.3	$	58.2
Inventory obligations	6.3		5.6
Operating lease liabilities	11.6		11.5
Income taxes payable	3.4		42.2
Other	31.2		38.8
Other accrued liabilities	$	110.8	$	156.3

Other long-term liabilities consisted of the following (in millions):


	March		June
	2025		2024
Operating lease liabilities	$	35.6	$	37.9
Deferred tax liabilities	7.1		27.9
Income taxes payable	25.1		27.8
Other	17.8		20.5
Other long-term liabilities	$	85.6	$	114.1

Leases

9 Months Ended

Mar. 29, 2025

Leases [Abstract]

Leases

Our leases primarily include our worldwide office and research and development facilities which are all classified as operating leases. Certain leases include renewal options at our discretion. The leases expire at various dates through fiscal 2034, some of which include options to extend the lease for up to seven years. For the three months ended March 2025 and March 2024, we recorded operating lease expense of approximately $3.1 million and $3.0 million, respectively. For the nine months ended March 2025 and March 2024, we recorded operating lease expense of approximately $9.6 million and $8.8 million, respectively. Our short-term leases are immaterial and we do not have finance leases.

As of March 2025 and June 2024, the components of leases are as follows (in millions):


	March		June
	2025		2024
Operating lease right-of-use assets	$	44.4	$	46.8
Operating lease liabilities	$	11.6	$	11.5
Operating lease liabilities, long-term	35.6		37.9
Total operating lease liabilities	$	47.2	$	49.4

Supplemental cash flow information related to leases, including from acquisitions, is as follows (in millions):


	Nine Months Ended
	March
	2025		2024
Cash paid for operating leases included in operating cash flows	$	10.2	$	8.2
Supplemental non-cash information related to lease liabilities arising from obtaining right-of-use assets	$	6.2	$	4.1

As of March 2025, the weighted average remaining lease term is 5.90 years, and the weighted average discount rate is 5.17%.

Future minimum lease payments for the operating lease liabilities are as follows (in millions):


Fiscal Year	Operating Lease Payments
Remainder of 2025	$	4.2
2026	12.8
2027	9.0
2028	7.2
2029	6.3
Thereafter	15.2
Total future minimum operating lease payments	54.7
Less: interest	(7.5)
Total lease liabilities	$	47.2

Condensed Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Income Statement [Abstract]
Net revenue	$ 266.6	$ 237.3	$ 791.5	$ 712.0
Cost of revenue	150.8	127.0	432.6	385.6
Gross margin	115.8	110.3	358.9	326.4
Operating expenses:
Research and development	88.6	83.4	253.2	251.9
Selling, general, and administrative	34.7	40.5	134.2	122.5
Acquired intangibles amortization	4.5	4.0	12.1	13.4
Intangible asset impairment charges	13.8	0.0	13.8	0.0
Restructuring costs	0.5	(0.2)	15.5	9.1
Total operating expenses	142.1	127.7	428.8	396.9
Operating loss	(26.3)	(17.4)	(69.9)	(70.5)
Interest and other expense, net	(1.1)	(5.9)	(11.3)	(17.4)
Loss on early extinguishment of debt	0.0	0.0	(6.5)	0.0
Loss before benefit from income taxes	(27.4)	(23.3)	(87.7)	(87.9)
Benefit from income taxes	(5.6)	(5.2)	(44.6)	(5.2)
Net loss	$ (21.8)	$ (18.1)	$ (43.1)	$ (82.7)
Net loss per share:
Basic (in dollars per share)	$ (0.56)	$ (0.46)	$ (1.09)	$ (2.12)
Diluted (in dollars per share)	$ (0.56)	$ (0.46)	$ (1.09)	$ (2.12)
Shares used in computing net loss per share:
Basic (in shares)	39.0	39.3	39.5	39.1
Diluted (in shares)	39.0	39.3	39.5	39.1

Inventories - Inventories (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Inventory Disclosure [Abstract]
Raw materials and work-in-progress	$ 73.6	$ 69.5
Finished goods	59.3	44.5
Inventories	$ 132.9	$ 114.0

Share-Based Compensation - Schedule of Stock Units Activity (Details) $ in Millions	9 Months Ended
	Mar. 29, 2025 USD ($) shares
Restricted Stock Units
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Stock Unit Awards Outstanding, Balance as of June 2024 (in shares)	1,620,006
Stock Unit Awards, Granted (in shares)	2,378,558
Stock Unit Awards, Vested (in shares)	(738,663)
Stock Unit Awards, Forfeited (in shares)	(333,819)
Stock Unit Awards Outstanding, Balance as of September 2024 (in shares)	2,926,082
Aggregate Intrinsic Value, Balance as of September 2024 \| $	$ 184.5
Market Stock Units
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Stock Unit Awards Outstanding, Balance as of June 2024 (in shares)	200,513
Stock Unit Awards, Granted (in shares)	120,765
Stock Unit Awards, Vested (in shares)	(55,603)
Stock Unit Awards, Forfeited (in shares)	(143,689)
Stock Unit Awards Outstanding, Balance as of September 2024 (in shares)	121,986
Aggregate Intrinsic Value, Balance as of September 2024 \| $	$ 7.7
Performance Stock Units
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Stock Unit Awards Outstanding, Balance as of June 2024 (in shares)	265,362
Stock Unit Awards, Granted (in shares)	205,025
Stock Unit Awards, Vested (in shares)	(16,843)
Stock Unit Awards, Forfeited (in shares)	(228,128)
Stock Unit Awards Outstanding, Balance as of September 2024 (in shares)	225,416
Aggregate Intrinsic Value, Balance as of September 2024 \| $	$ 14.2

Leases - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
Leases - Narrative (Details) - USD ($) $ in Millions	Mar. 29, 2025	Mar. 30, 2024	Mar. 29, 2025	Mar. 30, 2024
Lessee Lease Description [Line Items]
Operating leases, expense	$ 3.1	$ 3.0	$ 9.6	$ 8.8
Weighted average remaining lease term (in year)	5 years 10 months 24 days		5 years 10 months 24 days
Weighted average discount rate, percent	5.17%		5.17%
Maximum
Lessee Lease Description [Line Items]
Duration of extending leases (in year)	7 years		7 years

Balance Sheet Components - Schedule of Accounts Receivable, Net (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Payables and Accruals [Abstract]
Accounts receivable	$ 136.2	$ 146.6
Less: Allowance for credit losses	(4.2)	(4.2)
Accounts receivable, after allowance for credit loss	$ 132.0	$ 142.4

Leases - Schedule of Components of Leases and Lease Costs (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Leases [Abstract]
Operating lease right-of-use assets	$ 44.4	$ 46.8
Operating lease liabilities	11.6	11.5
Operating lease liabilities, long-term	35.6	37.9
Total operating lease liabilities	$ 47.2	$ 49.4
Operating Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Total operating lease liabilities	Total operating lease liabilities

Debt - Schedule of Redemption Prices and Unpaid Interest (Details) - Senior Notes	9 Months Ended
	Mar. 29, 2025
2024
Debt Instrument [Line Items]
Price (in percent)	102.00%
2025
Debt Instrument [Line Items]
Price (in percent)	101.00%
2026 and thereafter
Debt Instrument [Line Items]
Price (in percent)	100.00%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Basis of Presentation and Principles of Consolidation	9 Months Ended
Basis of Presentation and Principles of Consolidation	Mar. 29, 2025
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission, or the SEC, and United States generally accepted accounting principles, or U.S. GAAP. Certain information or footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to SEC rules and regulations. In our opinion, the financial statements include all adjustments, which are of a normal and recurring nature and necessary for the fair presentation of the results of the interim periods presented. The results of operations for the interim periods are not necessarily indicative of the operating results for the full fiscal year or any future period. These financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended June 29, 2024. The condensed consolidated financial statements include our financial statements and those of our wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated upon consolidation. Certain reclassifications have been made to the amounts for prior years in order to conform to the current year’s presentation. Our fiscal year is the 52- or 53-week period ending on the last Saturday in June. Our fiscal 2025 is a 52-week period ending June 28, 2025, and our fiscal 2024 was a 53-week period ending on June 29, 2024. The fiscal periods presented in this report are 13-week periods and 39-week periods for the three and nine months ended March 29, 2025, respectively, and 13-week and 40-week periods for the three and nine months ended March 30, 2024, respectively. For simplicity, the accompanying condensed consolidated financial statements have been shown as ending on calendar quarter end dates as of and for all periods presented, unless otherwise indicated. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue, expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates including, but not limited to, those estimates related to revenue recognition, allowance for credit losses, cost of revenue, inventories, loss on purchase commitments, product warranty, accrued liabilities, share-based compensation costs, provision for income taxes, deferred tax assets and the associated valuation allowance, uncertain tax positions, goodwill, intangible assets, investments and loss contingencies. We base our estimates on historical experience, current period developments, applicable laws and regulations, and various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. Significant Accounting Policies There have been no material changes to the Company’s significant accounting policies in Note 1 - Organization and Summary of Significant Accounting Policies, of the Notes to Consolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended June 29, 2024. Accounting Pronouncements Recently Issued In November 2023, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU No. 2023-07, “Segment Reporting: Improvements to Reportable Segment Disclosures.” This guidance requires disclosure of incremental segment information on an annual and interim basis. This amendment is effective for our fiscal year ending June 2025 and our interim periods within the fiscal year ending June 2026. We are currently assessing the impact of this guidance on our disclosures. We do not expect the adoption of this new standard to have a material effect on our results of operations or financial condition. In December 2023, the FASB issued ASU No. 2023-09, “Income Taxes: Improvements to Income Tax Disclosures.” This guidance requires consistent categories and greater disaggregation of information in the rate reconciliation and disclosures of income taxes paid by jurisdiction. This amendment is effective for our fiscal year ending June 2026. We are currently assessing the impact of this guidance on our disclosures. In November 2024, the FASB issued ASU No. 2024-03, “Income Statement - Reporting Comprehensive Income - Disaggregation of Income Statement Expenses.” This guidance requires disclosures about specific types of expenses included in the expense captions presented on the face of the income statement as well as disclosures about selling expenses. This amendment is effective for our fiscal year ending June 2028 and our interim periods within the fiscal year ending June 2029. We are currently assessing the impact of this guidance on our disclosures. In November 2024, the FASB, issued ASU 2024-04, “Debt - Debt with Conversions and Other Options.” This guidance is intended to clarify requirements for determining whether certain settlements of convertible debt instruments, including convertible debt instruments with cash conversion features or convertible debt instruments that are not currently convertible, should be accounted for as an induced conversion. This amendment is effective for our fiscal year ending June 2027. We are currently evaluating the potential impact of this guidance on our disclosures.

Restructuring Activities

9 Months Ended

Mar. 29, 2025

Restructuring and Related Activities [Abstract]

Restructuring Activities

In the first quarter of fiscal 2025, we initiated restructuring actions primarily intended to focus on key growth initiatives, reduce costs and align our business in response to market conditions. We expect to complete this restructuring prior to the end of calendar year 2025. For the three and nine months ended March 2025, the restructuring costs related to this action were $0.5 million and $15.0 million, respectively, and are recorded in the restructuring costs line item within our condensed consolidated statements of operations.

In the fourth quarter of fiscal 2024, we initiated restructuring actions to further improve efficiencies in our operational activities, decrease costs and increase profitability. We completed this restructuring action in the first quarter of fiscal 2025 and incurred restructuring charges of $0.5 million. These costs were recorded under the restructuring costs line item in our condensed consolidated statements of operations.

The following table summarizes the restructuring activity and related charges during the periods presented (in millions):


	Three Months Ended		Nine Months Ended
	March 2025
Balance, beginning of period	$	3.0	$	1.4
Charges	0.5		15.5
Payments	(3.5)		(16.9)
Balance, end of period	$	—	$	—

During the three and nine months ended March 2025, the restructuring and related charges of $0.5 million and $15.5 million, respectively, were primarily attributable to severance and employee-related benefits.

Fair Value Measurements

9 Months Ended

Mar. 29, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

We determine fair value based on the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value assumes that the transaction to sell the asset or transfer the liability occurs in the principal or most advantageous market for the asset or liability and establishes that the fair value of an asset or liability shall be determined based on the assumptions that market participants would use in pricing the asset or liability. The classification of a financial asset or liability within the hierarchy is based upon the lowest level input that is significant to the fair value measurement. The fair value hierarchy prioritizes the inputs into three levels that may be used to measure fair value:

•Level 1 – Valuation is based upon unadjusted quoted prices for identical assets or liabilities in active markets.

•Level 2 – Valuation is based upon quoted prices for similar assets and liabilities in active markets, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instruments.

•Level 3 – Valuation is based upon other unobservable inputs that are significant to the fair value measurements.

Our Level 1 financial instruments are traded in active markets, and the fair value is based on quoted market prices for identical instruments. The fair value of our Level 2 fixed income securities is obtained from an independent pricing service, which may use quoted market prices for identical or comparable instruments or model driven valuations using observable market data or inputs corroborated by observable market data. Our marketable securities are held by custodians who obtain investment prices from a third-party pricing provider that incorporates standard inputs in various asset price models.

At March 2025 and June 2024, financial assets measured at fair value on a recurring basis are summarized below (in millions):


	March 2025						June 2024
	Level 1		Level 2		Total (1)		Level 1		Level 2		Total (1)
Assets:
Cash equivalents:
Money market funds	$	6.3	$	—	$	6.3	$	600.4	$	—	$	600.4
Certificates of deposit	—		13.1		13.1		—		38.1		38.1
Short-term investments:
Certificates of deposit	—		61.0		61.0		—		—		—
Total assets	$	6.3	$	74.1	$	80.4	$	600.4	$	38.1	$	638.5

Financial Instruments Not Recorded at Fair Value on a Recurring Basis

We report our financial instruments at fair value with the exception of the Senior Notes, Term Loan Facility and the Convertible Senior Notes, or collectively the Notes, as defined in Note 12. Debt. The estimated fair value of the Notes was determined based on the trading prices of the Notes as of the last day of trading for the periods presented. We use Level 2 measurement criteria to determine the fair value of our Notes as they are not actively traded in markets.

The carrying amounts and estimated fair values of the Notes are as follows for the periods presented (in millions):


	March 2025				June 2024
	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Senior Notes due 2029	$	396.8	$	364.1	$	396.3	$	359.6
Term Loan Facility due 2028	—		—		576.6		577.0
Convertible Senior Notes due 2031	437.4		409.7		—		—
	$	834.2	$	773.8	$	972.9	$	936.6

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 107
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-107

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 100
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482078/820-10-55-100

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2E

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 940
-SubTopic 820
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478119/940-820-50-1

+ Details

Income Taxes	9 Months Ended
Income Taxes	Mar. 29, 2025
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We account for income taxes under the asset and liability method. The provision for income taxes recorded in interim periods is based on our estimate of the annual effective tax rate applied to year-to-date income before provision for income taxes, adjusted for discrete items required to be recognized in the period in which they are incurred. In each quarter, we update our estimate of the annual effective tax rate, and if the estimated annual tax rate changes, we make a cumulative adjustment in that quarter. Our quarterly tax provision and our quarterly estimate of the annual effective tax rate can be subject to volatility due to several factors, including our ability to accurately forecast annual income before provision for income taxes in each of the tax jurisdictions in which we operate. The benefit from income taxes of $5.6 million and $44.6 million for the three and nine months ended March 2025, respectively, represented estimated federal, foreign, and state income taxes. The effective tax rate for the three months ended March 2025 is closely aligned with the combined U.S. federal and state statutory tax rate. The slight variance primarily results from non-deductible share-based compensation, partially offset by foreign income taxed at lower rates. The effective tax rate for the nine months ended March 2025 diverged from the combined U.S. federal and state statutory tax rate primarily due to one-time tax benefits recorded during the six months ended December 2024, including a $14.1 million deferred tax benefit from a U.S. “check-the-box” election for our Israel subsidiary, and an $8.9 million benefit related to the fiscal 2018 deemed repatriation liability under the U.S. Tax Cuts and Jobs Act, or TCJA, following a U.S. Tax Court decision in Varian Medical Systems, Inc. v. Commissioner. The divergence also reflects a deferred tax benefit from an inventory transfer and foreign income taxed at lower rates. These benefits were partially offset by non-deductible share-based compensation and non-deductible officer compensation. The effective tax rate for the three and nine months ended March 2024 diverged from the combined U.S. federal and state statutory tax rate primarily due to U.S. research credits and tax benefits from the impact of foreign tax credit temporary relief provided by U.S. Treasury Notice 2023-55 and Notice 2023-80 issued in July 2023 and December 2023, respectively, which deferred the effective date of the U.S. final foreign tax credit regulations published in January 2022; partially offset by foreign earnings taxed at higher rates, the research and development capitalization rules increasing our global intangible low-taxed income, or GILTI, resulting from the U.S. Tax Cuts and Jobs Act of 2017, and non-deductible officer compensation. The total liability for gross unrecognized tax benefits related to uncertain tax positions decreased $1.7 million during the nine months ended March 2025, to $44.7 million, and was included in other long-term liabilities on our condensed consolidated balance sheets. If recognized, the total gross unrecognized tax benefits would reduce the effective tax rate on income from continuing operations. Accrued interest and penalties related to unrecognized tax benefits as of March 2025 were $3.9 million; this balance increased by $0.4 million compared to June 2024. We classify interest and penalties as components of income tax expense. Any prospective adjustments to our unrecognized tax benefits will be recorded as an increase or decrease to income tax expense and cause a corresponding change to our effective tax rate. Accordingly, our effective tax rate could fluctuate materially from period to period. Our major tax jurisdictions are the United States, Hong Kong SAR, Japan, Israel and the United Kingdom. From fiscal 2017 onward, we remain subject to examination by one or more of these jurisdictions.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 2: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended	9 Months Ended
Income Taxes - Narrative (Details) - USD ($) $ in Millions	Mar. 29, 2025	Mar. 30, 2024	Dec. 28, 2024	Mar. 29, 2025	Mar. 30, 2024
Income Tax Disclosure [Abstract]
Benefit from income taxes	$ 5.6	$ 5.2		$ 44.6	$ 5.2
Deferred Income Tax Expense (Benefit)			$ 14.1
Tax benefit			$ 8.9
Unrecognized tax benefits, period increase (decrease)				1.7
Gross unrecognized tax benefits	44.7			44.7
Interest and penalties accrued related to unrecognized tax benefits	$ 3.9			3.9
Increase (decrease) in interest and penalties accrued related to unrecognized tax benefits				$ 0.4

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 4: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.7)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-10

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Subparagraph (a)
-SubTopic 20
-Topic 740
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482659/740-20-45-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h))
-SubTopic 10
-Topic 235
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

+ Details

Fair Value Measurements - Schedule of Financial Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Millions	Mar. 29, 2025	Jun. 29, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash held in bank	$ 341.0	$ 238.4
Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total assets	80.4	638.5
Money market funds \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents:	6.3	600.4
Certificates of deposit \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents:	13.1	38.1
Short-term investments:	61.0	0.0
Level 1 \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total assets	6.3	600.4
Level 1 \| Money market funds \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents:	6.3	600.4
Level 1 \| Certificates of deposit \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents:	0.0	0.0
Short-term investments:	0.0	0.0
Level 2 \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Total assets	74.1	38.1
Level 2 \| Money market funds \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents:	0.0	0.0
Level 2 \| Certificates of deposit \| Estimate of Fair Value Measurement
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents:	13.1	38.1
Short-term investments:	$ 61.0	$ 0.0