Investments (Tables)

6 Months Ended

Dec. 29, 2013

Investments, Debt and Equity Securities [Abstract]

Summary of Available-for-Sale Securities

Available-for-sale securities as of December 29, 2013 are summarized as follows (in thousands):

	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss		Net Unrealized Gain		Market Value
Short-Term Investments:
U.S. government and agency obligations	$	4,999	$	2	$	—	$	2	$	5,001
Total short-term investments	$	4,999	$	2	$	—	$	2	$	5,001
Equity securities	$	11,631	$	14,870	$	—	$	14,870	$	26,501

Available-for-sale securities as of June 30, 2013 are summarized as follows (in thousands):

	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss			Net Unrealized Gain		Market Value
Short-Term Investments:
Corporate debt	$	—	$	40	$	—		$	40	$	40
U.S. government and agency obligations	11,007		9		—			9		11,016
Total short-term investments	$	11,007	$	49	$	—		$	49	$	11,056
Equity securities	$	11,631	$	5,739	$	(5	)	$	5,734	$	17,365

Fair Value and Gross Unrealized Losses Related to Available-for-sale Securities

There were no available-for-sale investments in a gross unrealized loss position as of December 29, 2013. The following table summarizes the fair value and gross unrealized losses related to available-for-sale investments, aggregated by type of investment and length of time that individual securities were held in a loss position as of June 30, 2013 (in thousands):

	Securities held in a loss position for less than 12 months at June 30, 2013					Securities held in a loss position for 12 months or more at June 30, 2013				Total in a loss position at June 30, 2013
	Market Value		Gross Unrealized Losses			Market Value		Gross Unrealized Losses		Market Value		Gross Unrealized Losses
Equity Securities	$	1,052	$	(5	)	$	—	$	—	$	1,052	$	(5	)
Total	$	1,052	$	(5	)	$	—	$	—	$	1,052	$	(5	)

Amortized Cost and Estimated Fair Value of Investments by Contractual Maturity

The amortized cost and estimated fair value of investments at December 29, 2013, by contractual maturity of investment, are as follows (in thousands):

Contractual Maturity	Amortized Cost		Estimated Market Value
Due in 1 year or less	$	4,999	$	5,001
Total investments	$	4,999	$	5,001

Investments Measured at Fair Value on a Recurring Basis

The following tables present the balances of investments measured at fair value on a recurring basis, by type of investment (in thousands):

	As of December 29, 2013
	Total		Level 1		Level 2		Level 3
U.S. government and agency obligations	$	5,001	$	5,001	$	—	$	—
Equity securities-strategic investments	26,501		26,501		—		—
Total securities at fair value	$	31,502	$	31,502	$	—	$	—

	As of June 30, 2013
	Total		Level 1		Level 2		Level 3
Corporate debt	$	40	$	—	$	40	$	—
U.S. government and agency obligations	11,016		6,004		5,012		—
Equity securities-strategic investments	17,365		17,365		—		—
Total securities at fair value	$	28,421	$	23,369	$	5,052	$	—