Investments (Tables)

12 Months Ended

Jun. 29, 2014

Investments, Debt and Equity Securities [Abstract]

Summary of Available-for-Sale Securities

Available-for-sale securities as of June 29, 2014 are summarized as follows (in thousands):

	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss		Net Unrealized Gain		Market Value
Short-Term Investments:
Equity securities	$	7,000	$	13,114	$	—	$	13,114	$	20,114
Other Assets:
Equity securities	$	4,631	$	3,845	$	—	$	3,845	$	8,476

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
Other Assets:
Equity securities	$	11,631	$	5,739	$	(5	)	$	5,734	$	17,365

Other-Than-Temporary Impairments

The following table provides the Company’s other-than-temporary impairments for equity, asset-backed, and mortgage-backed securities (in thousands):

	Fiscal Year Ended
	June 29, 2014		June 30, 2013		June 24, 2012
Privately held domestic company - common and preferred stock	$	—	$	350	$	1,504
Publicly traded foreign companies - common stock	—		—		1,332
Mortgage-backed securities	—		—		29
Total other-than-temporary impairments	$	—	$	350	$	2,865

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 as of June 29, 2014 and June 30, 2013 (in thousands):

	As of June 29, 2014
	Total		Level 1		Level 2		Level 3
Equity securities	28,590		28,590		—		—
Total investments at fair value	$	28,590	$	28,590	$	—	$	—

	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	17,365		17,365		—		—
Total investments at fair value	$	28,421	$	23,369	$	5,052	$	—