v3.26.1
Segment and Other Information (Tables)
 12 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Schedule of Segment Net Income (Loss)
The following table presents the calculation of segment net income as follows:
202620252024
Revenue $1,197.2 $1,074.3 $959.4 
Adjusted cost of revenue (1)553.9 498.1 451.1 
Adjusted operating expenses (2)420.5 398.7 380.2 
Share-based compensation costs149.3 112.8 118.9 
Acquired intangibles amortization 119.0 114.2 81.6 
Interest and other expense, net6.6 10.2 20.4 
Provision (benefit) for income taxes 411.4 (65.7)(250.2)
Other segment expenses (3)27.3 53.8 31.8 
Segment net (loss) income$(490.8)$(47.8)$125.6 
Consolidated net (loss) income $(490.8)$(47.8)$125.6 
(1) Adjusted cost of revenue is cost of revenue adjusted for intangible asset amortization and share-based compensation as follows:
202620252024
Cost of revenue $661.8 $593.9 $519.6 
Less:
Acquired intangibles amortization106.7 97.5 64.3 
Share-based compensation costs1.2 (1.7)4.2 
Adjusted cost of revenue $553.9 $498.1 $451.1 
(2) Adjusted operating expenses include operating expenses comprised of research and development and selling, general and administrative expenses adjusted for share-based compensation, intangible asset amortization, restructuring and impairment related charges as follows:
202620252024
Operating expenses$602.5 $574.5 $541.4 
Less:
Share-based compensation costs148.1 114.5 114.7 
Acquired intangibles amortization12.3 16.7 17.3 
Intangible asset impairment charge6.8 13.8 16.0 
Restructuring costs 3.3 16.9 10.5 
Other11.5 13.9 2.7 
Adjusted operating expenses$420.5 $398.7 $380.2 
(3) Other segment expenses primarily include impairment charges, legal and vendor related charges and settlements, amortization of debt issuance costs and loss on early extinguishment of debt.
Schedule of Long-Lived Assets within Geographic Areas
Long-lived assets by geographic area were as follows:
20262025
North America$534.0 $559.5 
EMEA405.5 453.6 
Asia Pacific244.6 238.7 
$1,184.1 $1,251.8