INCOME TAX EXPENSE	9 Months Ended
Mar. 29, 2015
INCOME TAX EXPENSE	NOTE 10 — INCOME TAX EXPENSE The Company recorded an income tax expense of $22.3 million and $45.9 million for the three and nine months ended March 29, 2015, respectively, which yielded an effective tax rate for the three and nine months ended March 29, 2015 of approximately 9.8% and 8.0%, respectively. The difference between the U.S. federal statutory tax rate of 35% and the Company’s effective tax rate for the three and nine months ended March 29, 2015 is primarily due to the geographic mix of income, U.S. Research and Development credit, the true-up of the prior year federal tax return, and the recognition of previously unrecognized tax benefits due to lapse of statutes of limitation, offset by the tax effect of non-deductible stock-based compensation and unrecognized tax benefits due to uncertain tax positions.

INCOME TAX EXPENSE

9 Months Ended

Mar. 29, 2015

NOTE 10 — INCOME TAX EXPENSE

The Company recorded an income tax expense of $22.3 million and $45.9 million for the three and nine months ended March 29, 2015, respectively, which yielded an effective tax rate for the three and nine months ended March 29, 2015 of approximately 9.8% and 8.0%, respectively. The difference between the U.S. federal statutory tax rate of 35% and the Company’s effective tax rate for the three and nine months ended March 29, 2015 is primarily due to the geographic mix of income, U.S. Research and Development credit, the true-up of the prior year federal tax return, and the recognition of previously unrecognized tax benefits due to lapse of statutes of limitation, offset by the tax effect of non-deductible stock-based compensation and unrecognized tax benefits due to uncertain tax positions.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References+ Details