v3.26.3
Segment and Other Information (Tables)
 3 Months Ended
Sep. 26, 2026
Segment Reporting [Abstract]  
Schedule of Segment Net Loss
The following table presents the calculation of segment net loss as follows:
Three Months Ended
September
20262025
Revenue$294.0 $292.5 
Adjusted cost of revenue (1)134.3 137.0 
Adjusted operating expenses (2)97.7 104.0 
Share-based compensation37.0 36.7 
Intangible asset amortization21.4 35.2 
Interest (expense) income and other, net(2.1)1.2 
Provision for (benefit from) income taxes2.2 (2.1)
Other segment expenses (3)17.0 3.5 
Segment net loss$(17.7)$(20.6)
Consolidated net loss$(17.7)$(20.6)
(1) Adjusted cost of revenue is cost of revenue adjusted for intangible asset amortization and share-based compensation as follows:
Three Months Ended
September
20262025
Cost of revenue$153.6 $167.9 
Less:
Intangible asset amortization19.1 30.5 
Share-based compensation0.2 0.4 
Adjusted cost of revenue$134.3 $137.0 
(2) Adjusted operating expenses is operating expenses comprised of research and development and selling, general and administrative expenses adjusted for share-based compensation, intangible asset amortization, restructuring, and acquisition related costs as follows:
Three Months Ended
September
20262025
Operating expenses$153.1 $147.8 
Less:
Share-based compensation36.8 36.3 
Intangible asset amortization2.3 4.7 
Restructuring costs8.1 2.5 
Other8.2 0.3 
Adjusted operating expenses$97.7 $104.0 
(3) Other segment expenses primarily include restructuring costs, acquisition-related costs, and non-cash interest expenses.