Income Taxes (Tables)

12 Months Ended

Jun. 28, 2014

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

Pretax income from continuing operations is as follows:



	For the Year Ended
	June 28, 2014		June 29, 2013		June 30, 2012
	(in thousands)
Domestic pre-tax income	$	87,630	$	69,680	$	184,414
Foreign pre-tax income	321,596		500,599		348,319
Total	$	409,226	$	570,279	$	532,733

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The provision for income taxes from continuing operations consisted of the following:



	For the Year Ended
	June 28, 2014			June 29, 2013			June 30, 2012
	(in thousands)
Federal
Current	$	93,012		$	84,996		$	143,903
Deferred	(42,875		)	13,207			16,767
State
Current	2,676			322			2,877
Deferred	(1,465		)	3,574			3,523
Foreign
Current	6,692			17,228			14,757
Deferred	(3,624		)	(1,357		)	(4,012		)
Total provision for income taxes	$	54,416		$	117,970		$	177,815

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The provision for income taxes for continuing operations differs from the amount computed by applying the statutory rate as follows:



	For the Year Ended
	June 28, 2014		June 29, 2013		June 30, 2012

Federal statutory rate	35.0	%	35.0	%	35.0	%
State tax, net of federal benefit	0.1		0.6		1.1
General business credits	(0.9	)	(2.0	)	(0.5	)
Effect of foreign operations	(19.1	)	(16.5	)	(3.9	)
Stock-based compensation	3.9		2.7		2.3
Fixed assets federal tax basis adjustments	(8.4	)	—		—
Interest accrual for unrecognized tax benefits	1.1		0.8		0.6
Other	1.6		0.1		(1.2	)

Income tax rate	13.3	%	20.7	%	33.4	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. The components of the Company's deferred tax assets and liabilities are as follows:



	For the Year Ended
	June 28, 2014			June 29, 2013
	(in thousands)
Deferred tax assets:
Distributor related accruals and sales return and allowance accruals	$	14,246		$	12,847
Accrued compensation	42,300			44,540
Stock-based compensation	31,609			47,357
Net operating loss carryovers	48,318			41,183
Tax credit carryovers	51,458			45,854
Other reserves and accruals not currently deductible for tax purposes	22,019			16,390
Other	16,879			14,243

Total deferred tax assets	$	226,829		$	222,414

Deferred tax liabilities:
Fixed assets and intangible assets cost recovery, net	(214,393		)	(258,717		)
Other	(11,424		)	(12,753		)

Net deferred tax assets /(liabilities) before valuation allowance	1,012			(49,056		)
Valuation allowance	(84,673		)	(72,898		)

Net deferred tax assets/(liabilities)	$	(83,661	)	$	(121,954	)

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the change in gross unrecognized tax benefits, excluding interest, penalties and the federal benefit for state unrecognized tax benefits, is as follows:



	For the Year Ended
	June 28, 2014			June 29, 2013
	(in thousands)
Balance as of beginning of year	$	302,904		$	228,907
Tax positions related to current year:
Addition	58,035			61,359
Tax positions related to prior year:
Addition	300			12,638
Current year acquisitions	39,566			—
Reduction	(586		)	—
Settlements	(496		)	—
Lapses in statutes of limitations	(2,958		)	—

Balance as of end of year	$	396,765		$	302,904

Summary of Income Tax Examinations [Table Text Block]

A summary of the fiscal tax years that remain subject to examination, as of June 28, 2014, for the Company's major tax jurisdictions are as follows:



United States - Federal	2009	-	Forward
United States - Various States	2009	-	Forward
Ireland	2010	-	Forward
Japan	2008	-	Forward
Philippines	2011	-	Forward
Singapore	2010	-	Forward
Thailand	2005	-	Forward
United Kingdom	2012	-	Forward

- Definition

Tabular disclosure of tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities (i.e., uncertain tax positions) and other types of income tax contingencies, including: (1) the policy on classification of interest and penalties; (2) a tabular reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the period; the total amount(s) of: (3) unrecognized tax benefits that, if recognized, would affect the effective tax rate, and (4) interest and penalties recognized in each of the income statement and balance sheet; (5) for positions for which it is reasonably possible that the total amounts unrecognized will significantly change within 12 months of the reporting date the: (i) nature of the uncertainty, (ii) nature of the event that could occur that would cause the change, and (iii) an estimate of the range of the reasonably possible change or a statement that an estimate of the range cannot be made; and (6) a description of tax years that remain subject to examination by major tax jurisdictions.

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