Stock-Based Compensation (Tables)

9 Months Ended

Mar. 31, 2012

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table shows total stock-based compensation expense by type of award, and the resulting tax effect, included in the Condensed Consolidated Statements of Income for the three and nine months ended March 31, 2012 and March 26, 2011:

Stock-based compensation expense by type of award
	Three Months Ended				Nine Months Ended
	March 31, 2012		March 26, 2011		March 31, 2012		March 26, 2011
	(in thousands)
Stock options	$	4,048	$	4,023	$	12,757	$	16,053
Restricted stock units	15,492		15,030		49,524		50,573
Employee stock purchase plan	2,498		2,175		6,696		6,263
Pre-tax stock-based compensation expense	22,038		21,228		68,977		72,889
Less: income tax effect	4,061		5,039		15,329		19,332
Net stock-based compensation expense	$	17,977	$	16,189	$	53,648	$	53,557

The following table shows pre-tax stock-based compensation expense by income statement classification:

	Three Months Ended				Nine Months Ended
	March 31, 2012		March 26, 2011		March 31, 2012		March 26, 2011
	(in thousands)
Cost of goods sold	$	3,099	$	3,336	$	10,048	$	10,979
Research and development	11,547		11,743		37,717		41,764
Selling, general and administrative	7,392		6,149		21,212		20,146
	$	22,038	$	21,228	$	68,977	$	72,889

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]

The following table summarizes outstanding, exercisable and vested and expected to vest stock options as of March 31, 2012 and their activity for the nine months ended March 31, 2012:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 25, 2011	28,332,486		$	25.62
Options Granted	3,103,962		22.76
Options Exercised	(1,982,156	)	17.08
Options Cancelled	(3,254,938	)	32.76
Balance at March 31, 2012	26,199,354		$	25.04	3.6	$	175,393,636
Exercisable, March 31, 2012	14,658,695		$	30.45	2.4	$	55,870,398
Vested and expected to vest, March 31, 2012	24,757,954		$	25.36	3.5	$	162,536,417

(1) Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on March 30, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of March 31, 2012.

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]

The following table summarizes outstanding and expected to vest RSUs as of March 31, 2012 and their activity during the nine months ended March 31, 2012:

	Number of Shares		Weighted Average Remaining Contractual Term (in Years)	Aggregate Intrinsic Value (1)
Balance at June 25, 2011	10,000,738
Restricted stock units granted	3,403,624
Restricted stock units released	(2,616,786	)
Restricted stock units cancelled	(999,655	)
Balance at March 31, 2012	9,787,921		2.6	$	278,302,475
Vested and expected to vest, March 31, 2012	8,646,051		2.6	$	246,498,922

(1) Aggregate intrinsic value for RSUs represents the closing price per share of the Company's common stock on March 30, 2012, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of March 31, 2012.

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The fair value of share-based awards granted to employees has been estimated at the date of grant using the Black-Scholes option valuation model and the following weighted-average assumptions:

	Stock Option Plan
	Three Months Ended				Nine Months Ended
	March 31, 2012		March 26, 2011		March 31, 2012		March 26, 2011
Expected holding period (in years)	4.8		5.0		5.1		5.2
Risk-free interest rate	0.8	%	2.1	%	1.3	%	1.7	%
Expected stock price volatility	38.6	%	36.4	%	36.8	%	36.9	%
Dividend yield	3.5	%	3.9	%	3.2	%	4.3	%

	ESPP
	Three Months Ended				Nine Months Ended
	March 31, 2012		March 26, 2011		March 31, 2012		March 26, 2011
Expected holding period (in years)	0.5		0.5		0.5		0.5
Risk-free interest rate	0.1	%	0.2	%	0.1	%	0.2	%
Expected stock price volatility	32.2	%	31.4	%	32.2	%	31.4	%
Dividend yield	3.8	%	4.9	%	3.8	%	4.9	%