The following table sets forth the computation of basic and diluted net income (loss) per share (in millions, except per share data):


	Three Months Ended
	October 3, 2026		September 27, 2025
Numerator:


Net income (loss)	$	76.0	$	(21.4)
Denominator:
Weighted-average shares outstanding:

Basic	246.5		222.9
Diluted shares - Convertible Notes	11.8		—
Effect of dilutive securities from stock-based compensation plans	7.9		—
Diluted	266.2		222.9

Net income (loss) per share:


Basic	$	0.31	$	(0.10)


Diluted	$	0.29	$	(0.10)

In periods where the Company recognized a net loss, the impact of potentially dilutive outstanding stock-based awards and the “in-the money” conversion benefit feature above the conversion price of the 1.625% Senior Convertible Notes due 2026 (2026 Notes) and 0.625% Senior Convertible Notes due 2031 (2031 Notes) of $13.19 and $13.79 per share, respectively, have been excluded from the calculation of diluted loss per share as their inclusion would have an antidilutive effect.

The following table represents potential common shares that were not included in the computation of the diluted net income (loss) per share because their effect would have been anti-dilutive (in millions):