v3.26.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Balance (in shares) at Jul. 01, 2023   221.5      
Beginning balance at Jul. 01, 2023 $ 690.8 $ 0.2 $ 70,427.3 $ (69,600.7) $ (136.0)
Increase (Decrease) in Stockholders' Equity          
Net (loss) income (25.8)     (25.8)  
Other comprehensive income (loss) (8.0)       (8.0)
Shares issued under employee stock plans, net of tax effects (in shares)   2.7      
Shares issued under employee stock plans, net of tax effects (4.8)   (4.8)    
Stock-based compensation $ 49.4   49.4    
Repurchase of common stock (in shares) (2.3) (2.3)      
Repurchase of common stock $ (20.0)     (20.0)  
Balance (in shares) at Jun. 29, 2024   221.9      
Ending balance at Jun. 29, 2024 681.6 $ 0.2 70,471.9 (69,646.5) (144.0)
Increase (Decrease) in Stockholders' Equity          
Net (loss) income 34.8     34.8  
Other comprehensive income (loss) 34.2       34.2
Shares issued under employee stock plans, net of tax effects (in shares)   3.3      
Shares issued under employee stock plans, net of tax effects (7.2)   (7.2)    
Stock-based compensation $ 52.9   52.9    
Repurchase of common stock (in shares) (2.0) (2.0)      
Repurchase of common stock $ (16.1)   0.3 (16.4)  
Balance (in shares) at Jun. 28, 2025 223.0 223.2      
Ending balance at Jun. 28, 2025 $ 780.2 $ 0.2 70,517.9 (69,628.1) (109.8)
Increase (Decrease) in Stockholders' Equity          
Net (loss) income $ (30.4)     (30.4)  
Issuance of common stock - public offering, net of offering costs (in shares) 12.8        
Issuance of common stock - public offering, net of offering costs $ 557.1        
Other comprehensive income (loss) (6.2)       (6.2)
Shares issued under employee stock plans, net of tax effects (in shares)   3.7      
Shares issued under employee stock plans, net of tax effects (18.3)   (18.3)    
Stock-based compensation $ 55.4   55.4    
Repurchase of common stock (in shares) (2.7) (2.7)      
Repurchase of common stock $ (30.0)     (30.0)  
Convertible note extinguishment (Note 11) (in shares)   9.7      
Convertible note extinguishment (Note 11) $ 140.7   140.7    
Balance (in shares) at Jun. 27, 2026 247.0 246.7      
Ending balance at Jun. 27, 2026 $ 1,448.5 $ 0.2 $ 71,252.8 $ (69,688.5) $ (116.0)