v3.26.1
(Loss) Income Per Share (Tables)
12 Months Ended
Jun. 28, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The details of the computation of basic and diluted (loss) earnings per share are as follows:
SuccessorPredecessor
(in millions of U.S. Dollars, except share data)Period from September 30, 2025 to June 28, 2026Period from June 30, 2025 to September 29, 2025Fiscal Year Ended June 29, 2025Fiscal Year Ended June 30, 2024
Net (loss) income from continuing operations, basic$(415.8)$420.2 $(1,609.2)$(573.6)
Net loss from discontinued operations, basic— — — (290.6)
Weighted average number of common shares - basic (in thousands)39,094 156,185 141,320 125,693 
(Loss) earnings per share - basic:
Continuing operations($10.64)$2.69 ($11.39)($4.56)
Discontinued operations$— $— $— ($2.31)
Net (loss) income from continuing operations, diluted($415.8)$420.2 ($1,609.2)($573.6)
Net loss from discontinued operations, diluted$— $— $— ($290.6)
Weighted-average number of shares outstanding used to compute net (loss) earnings per share attributable to common stockholders, basic (in thousands)39,094156,185 141,320 $125,693 
Weighted-average effect of potentially dilutive securities:
1.75% Convertible Notes
— 12,152 — — 
0.25% Convertible notes
— 5,895 — 
1.875% Convertible Notes
— 14,721 — 
RSUs (Predecessor)— 99 — 
Weighted-average number of shares outstanding used to compute net (loss) earnings per share attributable to common stockholders, diluted (in thousands)39,094189,052 141,320 125,693 
Net (loss) income from continuing operations per share attributable to common stockholders, diluted($10.64)$2.22 ($11.39)($4.56)
Net loss per share attributable to common stockholders for discontinued operations$— $— $— ($2.31)