v3.26.1
Stock-Based Compensation (Tables)
 9 Months Ended
Mar. 29, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Total Stock-Based Compensation Expense
Total stock-based compensation expense was classified in the Consolidated Statements of Operations as follows:
 SuccessorPredecessor
(in millions of U.S. Dollars)Three months ended March 29, 2026Three months ended March 30, 2025
Cost of revenue, net$2.8 $9.7 
Research and development1.2 3.1 
Sales, general and administrative6.3 6.0 
Total stock-based compensation expense$10.3 $18.8 
 SuccessorPredecessor
(in millions of U.S. Dollars)Period from September 30, 2025 to March 29, 2026Period from June 30, 2025 to September 29, 2025Nine months ended March 30, 2025
Cost of revenue, net$8.7 $7.8 $27.2 
Research and development1.5 2.2 9.2 
Sales, general and administrative7.7 3.6 26.3 
Total stock-based compensation expense$17.9 $13.6 $62.7 
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Equity Instruments Other Than Options The key assumptions used in valuing these market-based awards are as follows:
 Successor
(in millions of U.S. Dollars)Period from September 30, 2025 to March 29, 2026
Number of simulations500,000
Expected volatility52.44 %
Expected life in years2.56 years
Risk-free interest rate3.55 %
Dividend yield— %