Financial Summary (All financials)
| In millions, except per share items | Jul-03-22 | Jun-27-21 | Jun-28-20 | Jun-30-19 | Jul-01-18 | Jul-02-17 | Jul-03-16 | Jun-28-15 |
| Revenues | 2,207.9 | 2,122.2 | 1,489.6 | 1,248.6 | 1,151.9 | 1,193.6 | 1,173.0 | 1,121.5 |
| Revenue growth | 4.0% | 42.5% | 19.3% | 8.4% | -3.5% | 1.8% | 4.6% | 48.3% |
| Cost of goods sold | 1,386.1 | 1,225.8 | 867.4 | 722.5 | 662.9 | 673.3 | 655.6 | 634.3 |
| Gross profit | 821.7 | 896.4 | 622.2 | 526.1 | 489.0 | 520.3 | 517.5 | 487.2 |
| Gross margin | 37.2% | 42.2% | 41.8% | 42.1% | 42.5% | 43.6% | 44.1% | 43.4% |
| Sales and marketing | 571.7 | 533.3 | 363.2 | 319.6 | 298.8 | 317.5 | 318.2 | 299.8 |
| Research and development | 56.6 | 54.4 | 48.7 | 43.8 | 39.3 | 38.9 | 39.2 | 34.7 |
| General and administrative | 102.3 | 117.1 | 97.4 | 87.7 | 77.4 | 84.1 | 84.4 | 85.9 |
| EBITA | 46.0 | 149.1 | 81.3 | 45.8 | 42.4 | 47.8 | 45.2 | 39.7 |
| EBITA margin | 2.1% | 7.0% | 5.5% | 3.7% | 3.7% | 4.0% | 3.9% | 3.5% |
| Amortization of intangibles | 3.9 | | 0.9 | 0.7 | 1.4 | 1.4 | 1.9 | 2.1 |
| EBIT | 42.1 | 149.1 | 80.4 | 45.1 | 41.0 | 46.4 | 43.3 | 37.6 |
| EBIT margin | 1.9% | 7.0% | 5.4% | 3.6% | 3.6% | 3.9% | 3.7% | 3.4% |
| Pre-tax income | 31.1 | 149.1 | 77.8 | 43.0 | 38.0 | 56.0 | 51.4 | 30.3 |
| Income taxes | 1.5 | 30.5 | 18.8 | 8.2 | -2.8 | 12.0 | 15.6 | 10.9 |
| Tax rate | 4.8% | 20.4% | 24.2% | 19.1% | | 21.4% | 30.3% | 36.1% |
| Net income | 29.6 | 118.7 | 59.0 | 34.8 | 40.8 | 44.0 | 36.9 | 20.3 |
| Net margin | 1.3% | 5.6% | 4.0% | 2.8% | 3.5% | 3.7% | 3.1% | 1.8% |
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| Diluted EPS | $0.45 | $1.78 | $0.89 | $0.52 | $0.61 | $0.65 | $0.55 | $0.30 |
| Shares outstanding (diluted) | 65.6 | 66.5 | 66.4 | 66.5 | 66.9 | 67.7 | 67.1 | 67.6 |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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