v3.26.1
Business Combinations (Tables)
 9 Months Ended
Mar. 28, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Business Acquisitions Our preliminary allocation of the purchase price consideration to the assets acquired and liabilities assumed as of the acquisition date is as follows (in millions):
Fair Value
Total purchase price consideration$38.0 
Assets acquired
Property, plant and equipment, net39.5 
Liabilities assumed
Other liabilities (1)
6.9 
Goodwill$5.4 
(1) Since the supply agreement is priced at a discount below its fair market value, we accounted for it as a below-market contract liability, which will be amortized and recorded as revenue over the term of the supply agreement. During the three and nine months ended March 28, 2026, we have recognized approximately $0.4 million of this amount to net revenue. Refer to “Note 16. Revenue Recognition” for further details.