v3.26.1
Intangible Assets (Tables)
 9 Months Ended
Mar. 29, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Components of Intangible Assets
The following table presents the components of intangible assets, net:
SuccessorPredecessor
March 29, 2026June 29, 2025
(in millions of U.S. Dollars)GrossAccumulated AmortizationNetGrossAccumulated AmortizationNet
Intangible assets:
Customer relationships$120.0 ($6.6)$113.4 $— $— $— 
Developed technology240.0 (20.8)219.2 — — — 
Trade names28.0 (1.3)26.7 — — — 
Fresh start accounting-related intangible assets$388.0 ($28.7)$359.3 $— $— $— 
Patent and licensing rights60.0 (10.1)49.9 50.5 (26.7)23.8 
Total intangible assets$448.0 ($38.8)$409.2 $50.5 ($26.7)$23.8 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for intangible assets with finite lives for each of the next five years and thereafter is as follows:
At Quarter End
Fiscal Year EndingCustomer RelationshipsDeveloped TechnologyTrade NamesPatentsMarch 29, 2026
June 28, 2026 (remainder fiscal 2026)3.3 10.4 0.7 3.8 18.2 
June 27, 202713.3 41.7 2.9 10.5 68.4 
June 25, 202813.3 41.7 2.9 7.3 65.2 
June 24, 202913.3 41.7 2.8 5.8 63.6 
June 23, 203013.3 41.7 2.8 4.3 62.1 
Thereafter56.9 42.0 14.6 18.2 131.7 
Total future amortization expense113.4 219.2 26.7 49.9 409.2