Financial Summary (All financials)
| In millions, except per share items | Jun-24-23 | Jun-25-22 | Jun-26-21 | Jun-27-20 | Jun-29-19 | Jun-30-18 | Jun-24-17 | Jun-25-16 |
| Revenues | 1,355.1 | 1,739.7 | 1,339.6 | 1,333.9 | 1,472.2 | 1,630.3 | 1,718.2 | 1,666.9 |
| Revenue growth | -22.1% | 29.9% | 0.4% | -9.4% | -9.7% | -5.1% | 3.1% | -2.1% |
| Cost of goods sold | 639.2 | 796.6 | 728.4 | 790.8 | 975.1 | 1,150.2 | 1,194.6 | 1,085.4 |
| Gross profit | 715.9 | 943.1 | 611.2 | 543.1 | 497.1 | 480.1 | 523.6 | 581.5 |
| Gross margin | 52.8% | 54.2% | 45.6% | 40.7% | 33.8% | 29.4% | 30.5% | 34.9% |
| Selling, general and administrative | 561.6 | 592.7 | 464.2 | 474.2 | 131.3 | 154.0 | 137.6 | 161.7 |
| Research and development | | | | | 342.7 | 363.2 | 292.3 | 311.2 |
| EBITA | 284.7 | 473.9 | 257.1 | 122.7 | 84.0 | 32.2 | 141.0 | 163.0 |
| EBITA margin | 21.0% | 27.2% | 19.2% | 9.2% | 5.7% | 2.0% | 8.2% | 9.8% |
| Amortization of intangibles | 130.4 | 123.5 | 110.1 | 51.4 | 74.4 | 83.9 | 59.3 | 73.0 |
| EBIT | 154.3 | 350.4 | 147.0 | 71.3 | 9.6 | -51.7 | 81.7 | 90.0 |
| EBIT margin | 11.4% | 20.1% | 11.0% | 5.3% | 0.7% | -3.2% | 4.8% | 5.4% |
| Pre-tax income | 126.0 | 320.5 | 120.1 | 159.4 | -20.8 | -81.8 | 61.3 | 75.6 |
| Income taxes | 52.4 | 64.6 | 31.4 | 38.6 | 0.3 | 40.5 | 12.2 | 3.4 |
| Tax rate | 41.6% | 20.2% | 26.1% | 24.2% | | | 19.9% | 4.5% |
| Net income | 73.6 | 257.5 | 79.6 | 118.8 | -22.9 | -124.1 | 48.8 | 72.2 |
| Net margin | 5.4% | 14.8% | 5.9% | 8.9% | -1.6% | -7.6% | 2.8% | 4.3% |
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| Diluted EPS | $1.83 | $6.33 | $2.08 | $3.41 | ($0.66) | ($3.63) | $1.37 | $1.91 |
| Shares outstanding (diluted) | 40.2 | 40.7 | 38.3 | 34.8 | 34.6 | 34.2 | 35.6 | 37.9 |
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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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