v3.26.1
Earnings Per Share (Tables)
12 Months Ended
Jun. 27, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net (Loss) Income Attributable to Common Stockholders Per Share
The following table sets forth the computation of basic and diluted net (loss) income per share (in millions, except per share data):
Years Ended
June 27, 2026June 28, 2025June 29, 2024
Basic (loss) income per share:
Net (loss) income $(6,935.1)$25.9 $(546.5)
Weighted average shares outstanding - basic:
Common stock73.7 69.0 67.3 
Preferred stock0.9 — — 
Weighted average shares outstanding - basic74.6 69.0 67.3 
Basic (loss) income per share$(92.96)$0.38 $(8.12)
Diluted (loss) income per share:
Weighted average shares outstanding - basic74.6 69.0 67.3 
Effect of dilutive securities from stock-based benefit plans— 0.6 — 
Weighted average shares outstanding - diluted74.6 69.6 67.3 
     Diluted (loss) income per share$(92.96)$0.37 $(8.12)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Average anti-dilutive shares excluded from the calculation of diluted net income (loss) per share for the years ended June 27, 2026, June 28, 2025 and June 29, 2024 (in millions):
Years Ended
June 27, 2026June 28, 2025June 29, 2024
Effect of dilutive securities from ESPP0.00.1 0.2 
Effect of dilutive securities from stock options0.3 0.8 1.1 
Effect of dilutive securities from RSUs and PSUs2.5 4.4 4.1 
Shares issuable assuming conversion of the convertible notes13.6 0.5 29.6 
Weighted average common shares outstanding - diluted16.4 5.8 35.0