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Discontinued Operations (Tables)
 12 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The following table presents the financial results of the RF Business as loss from discontinued operations, net of income taxes in the Company's consolidated statements of operations:
Fiscal Year Ended
(in millions of U.S. Dollars)June 30, 2024June 25, 2023June 26, 2022
Revenue, net$59.6 $163.4 $174.1 
Cost of revenue, net68.7 126.8 132.9 
Gross (loss) profit(9.1)36.6 41.2 
Operating expenses:
Research and development30.5 59.7 53.8 
Sales, general and administrative13.9 21.0 20.5 
Amortization of intangibles1.5 9.2 11.4 
Loss on disposal of assets0.3 — — 
Other operating expense24.3 15.5 0.2 
Operating loss(79.6)(68.8)(44.7)
Non-operating expense— (0.1)(0.5)
Loss before income taxes and loss on sale(79.6)(68.7)(44.2)
Loss on sale204.0 — — 
Loss before income taxes(283.6)(68.7)(44.2)
Income tax expense7.0 0.7 0.8 
Net loss($290.6)($69.4)($45.0)
The following table presents the assets and liabilities of the RF Business classified as discontinued operations as of June 25, 2023:
(in millions of U.S. Dollars)June 25, 2023
Assets (current and long-term)
Inventories$42.6 
Other current assets0.2 
Property and equipment, net25.9 
Intangible assets, net92.0 
Other assets6.6 
Assets held for sale from discontinued operations167.3 
Liabilities (current and long-term)
Accounts payable and accrued expenses2.4 
Contract liabilities and distributor-related reserves4.0 
Other current liabilities2.2 
Other long-term liabilities5.3 
Liabilities held for sale of discontinued operations$13.9