Income Taxes (Tables)

12 Months Ended

Jun. 30, 2013

Income Tax Disclosure [Abstract]

Domestic and Foreign Income (Loss) From Continuing Operations Before Income Taxes

Income (loss) before income taxes is as follows (in thousands):

	Fiscal Year Ended
	June 30, 2013			June 24, 2012			June 26, 2011
Domestic	$	(105,575	)	$	(88,430	)	$	81,587
Foreign	28,745			16,623			76,205
Total income (loss) before income taxes	$	(76,830	)	$	(71,807	)	$	157,792

(Benefit From) Provision For Income Taxes From Continuing Operations

The provision for (benefit from) income taxes is as follows (in thousands):

	Fiscal Year Ended
	June 30, 2013			June 24, 2012			June 26, 2011
Current income taxes:
Domestic	$	1,735		$	5,971		$	190
Foreign	(1,129		)	2,455			10,749
	$	606		$	8,426		$	10,939
Deferred income taxes:
Domestic	$	352		$	5,728		$	(6,551	)
Foreign	11,032			(30,911		)	(13,142		)
	11,384			(25,183		)	(19,693		)
Total provision (benefit)	$	11,990		$	(16,757	)	$	(8,754	)

Effective Tax Rate Reconciliation On Pretax Income (Loss) From Continuing Operations

The Company’s effective tax rate on pretax income (loss) differs from the U.S. federal statutory tax rate as follows:

	Fiscal Year Ended
	June 30, 2013		June 24, 2012		June 26, 2011
Statutory tax rate	(35.0	)%	(35.0	)%	35.0	%
State taxes, net of federal benefit	(0.1	)	14.6		(5.0	)
Change in valuation allowance	58.2		(38.9	)	(19.2	)
Multijurisdictional taxation	(8.4	)	(1.5	)	(9.5	)
Actual and deemed foreign dividends	2.7		3.7		2.1
Foreign tax credit	(4.8	)	(7.0	)	(5.8	)
Research and development credit	(8.0	)	(2.6	)	(3.5	)
Uncertain tax positions	(6.6	)	3.7		(2.2	)
Tax rate changes	9.7		0.7		0.1
Withholding tax	4.3		6.7		2.0
Stock based compensation	2.4		2.5		—
Goodwill impairment	—		30.1		—
Other, net	1.2		(0.3	)	0.4
Effective tax rate (benefit)	15.6	%	(23.3	)%	(5.6	)%

Major Components of Net Deferred Tax Assets (Liabilities)

The major components of the net deferred tax assets (liabilities) are as follows (in thousands):

	June 30, 2013			June 24, 2012
Deferred tax assets:
Accrued expenses	$	13,514		$	13,423
Accrued compensation	18,011			19,584
Property, plant and equipment	8,499			24,299
Unrealized loss on securities	—			—
Losses carryforward	108,921			72,627
Research and experimental credits	51,015			40,614
Other tax credits	36,745			33,139
Other	636			240
Total deferred tax assets	237,341			203,926
Valuation allowance	(204,233		)	(161,517		)
Deferred tax liabilities:
Unrealized gain on securities	(2,992		)	(2,206		)
Prepaid expenses	(1,347		)	(880		)
Other	—			(16		)
Total deferred tax liabilities	(4,339		)	(3,102		)
Net deferred tax assets	$	28,769		$	39,307

Reconciliation of Unrecognized Tax Benefits

A reconciliation of unrecognized tax benefits from June 26, 2011 to June 30, 2013 is as follows (in thousands):

Beginning balances of June 26, 2011	$	46,057
Increases for positions taken in current year	1,774
Increases for positions taken in a prior year	3,253
Decreases for positions taken in a current year	(221		)
Decreases for positions taken in a prior year	(1,635		)
Decreases for settlements with taxing authorities	—
Decreases for lapses in the applicable statute of limitation	(352		)
Unrecognized tax benefits at June 24, 2012	$	48,876
Increases for positions taken in current year	$	2,262
Increases for positions taken in a prior year	2,395
Decreases for positions taken in a current year	—
Decreases for positions taken in a prior year	(3,953		)
Decreases for settlements with taxing authorities	—
Decreases for lapses in the applicable statute of limitation	(4,895		)
Unrecognized tax benefits at June 30, 2013	$	44,685