v3.26.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Oct. 03, 2026
Sep. 27, 2025
Revenues:    
Total net revenue $ 469.3 $ 299.1
Cost of revenues:    
Amortization of acquired technologies 12.7 6.9
Total cost of revenues 182.0 130.1
Gross profit 287.3 169.0
Operating expenses:    
Research and development 69.5 56.0
Selling, general and administrative 129.5 104.2
Amortization of other intangibles 7.4 1.5
Restructuring and related benefits (0.8) (0.3)
Total operating expenses 205.6 161.4
Income from operations 81.7 7.6
Loss on debt extinguishment (Note 11) 0.0 (3.8)
Interest and other income, net 10.3 1.3
Interest expense (5.7) (7.4)
Income (loss) before income taxes and equity investment earnings (losses) 86.3 (2.3)
Provision for income taxes 11.9 19.0
Equity investment earnings (losses) 1.6 (0.1)
Net income (loss) $ 76.0 $ (21.4)
Net income (loss) per share:    
Basic (in dollars per share) $ 0.31 $ (0.10)
Diluted (in dollars per share) $ 0.29 $ (0.10)
Shares used in per share calculations:    
Basic (in shares) 246.5 222.9
Diluted (in shares) 266.2 222.9
Product revenue    
Revenues:    
Total net revenue $ 415.7 $ 257.4
Cost of revenues:    
Cost of revenues: 148.5 107.1
Service revenue    
Revenues:    
Total net revenue 53.6 41.7
Cost of revenues:    
Cost of revenues: $ 20.8 $ 16.1