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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 30, 2012
Net revenues $ 2,453,663 $ 2,441,459 $ 2,403,529
Cost of goods sold 1,068,898 944,892 952,677
Gross margin 1,384,765 1,496,567 1,450,852
Operating expenses:      
Research and development 558,168 534,819 552,379
Selling, general and administrative 324,734 324,282 321,273
Intangible asset amortization 17,690 15,525 16,737
Impairment of long-lived assets 11,644 24,929 30,095
Severance and restructuring expenses 24,902 2,829 6,785
Business Combination, Acquisition Related Costs 6,983 0 0
Other operating expenses, net 18,353 5,864 (11,214)
Total operating expenses 962,474 908,248 916,055
Operating income 422,291 588,319 534,797
Interest (expense) income and other, net (13,065) (18,040) (2,064)
Income before provision for income taxes 409,226 570,279 532,733
Provision for income taxes 54,416 117,970 177,815
Income (Loss) from Continuing Operations Attributable to Parent 354,810 452,309 354,918
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 0 2,603 31,809
Net income $ 354,810 $ 454,912 $ 386,727
Earnings per share:      
Income (Loss) from Continuing Operations, Per Basic Share $ 1.25 $ 1.55 $ 1.21
Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share $ 0.00 $ 0.01 $ 0.11
Basic net income per share $ 1.25 $ 1.56 $ 1.32
Income (Loss) from Continuing Operations, Per Diluted Share $ 1.23 $ 1.51 $ 1.18
Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share $ 0.00 $ 0.01 $ 0.11
Diluted net income per share $ 1.23 $ 1.52 $ 1.29
Shares used in the calculation of earnings per share:      
Basic 283,344 291,835 292,810
Diluted 289,108 298,596 300,002
Dividends paid per share $ 1.04 $ 0.96 $ 0.88