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Stock-Based Compensation (Tables)
 6 Months Ended
Dec. 27, 2014
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 tables show 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 six months ended December 27, 2014 and December 28, 2013, respectively:


Three Months Ended

December 27, 2014

December 28, 2013

Stock Options

Restricted Stock Units

Employee Stock Purchase Plan

Total

Stock Options

Restricted Stock Units

Employee Stock Purchase Plan

Total

(in thousands)
Cost of goods sold
$
362


$
2,076


$
550


$
2,988


$
438


$
2,395


$
533


$
3,366

Research and development
1,587


8,415


1,219


11,221


2,616


8,728


1,153


12,497

Selling, general and administrative
1,029


5,038


500


6,567


1,476


4,996


534


7,006

Pre-tax stock-based compensation expense
$
2,978


$
15,529


$
2,269


$
20,776


$
4,530


$
16,119


$
2,220


$
22,869

Less: income tax effect






3,365








3,749

Net stock-based compensation expense








$
17,411








$
19,120


 
Six Months Ended
 
December 27, 2014
 
December 28, 2013
 
Stock Options
 
Restricted Stock Units
 
Employee Stock Purchase Plan
 
Total
 
Stock Options
 
Restricted Stock Units
 
Employee Stock Purchase Plan
 
Total
 
(in thousands)
Cost of goods sold
$
701

 
$
4,050

 
$
1,074

 
$
5,825

 
$
787

 
$
4,313

 
$
1,008

 
$
6,108

Research and development
3,734

 
17,247

 
2,562

 
23,543

 
4,452

 
15,168

 
2,475

 
22,095

Selling, general and administrative
2,458

 
10,262

 
1,108

 
13,828

 
2,740

 
9,523

 
1,143

 
13,406

Pre-tax stock-based compensation expense
$
6,893

 
$
31,559

 
$
4,744

 
$
43,196

 
$
7,979

 
$
29,004

 
$
4,626

 
$
41,609

Less: income tax effect
 
 
 
 
 
 
6,637

 
 
 
 
 
 
 
6,478

Net stock-based compensation expense
 
 
 
 
 
 
$
36,559

 
 
 
 
 
 
 
$
35,131
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of options granted to employees has been estimated using the following weighted-average assumptions:

 
Stock Options
 
Three Months Ended
 
Six Months Ended
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
Expected holding period (in years)
5.0

 
5.0

 
4.8

 
5.3

Risk-free interest rate
1.7
%
 
1.5
%
 
1.6
%
 
1.4
%
Expected stock price volatility
26.8
%
 
34.1
%
 
26.7
%
 
34.9
%
Dividend yield
3.5
%
 
3.7
%
 
3.2
%
 
3.2
%
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 December 27, 2014 and their activity for the six months ended December 27, 2014:

 
Number of
Shares 
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (in Years)
 
Aggregate Intrinsic Value (1)
Balance at June 28, 2014
16,163,644

 
$
25.74

 
 
 
 
Options Granted
63,584

 
32.22

 
 
 
 
Options Exercised
(971,283
)
 
17.11

 
 
 
 
Options Cancelled
(1,765,937
)
 
35.73

 
 
 
 
Balance at December 27, 2014
13,490,008

 
$
25.08

 
3.5
 
$
94,968,984

Exercisable, December 27, 2014
6,375,584

 
$
23.57

 
1.9
 
$
59,421,570

Vested and expected to vest, December 27, 2014
13,060,118

 
$
24.96

 
3.4
 
$
92,492,587

 
(1)
Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company’s common stock on December 26, 2014, 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 December 27, 2014.
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 December 27, 2014 and their activity during the six months ended December 27, 2014:

 
Number of
Shares 
 
Weighted Average
Remaining
Contractual Term
(in Years) 
 
Aggregate Intrinsic
Value (1) 
Balance at June 28, 2014
7,880,997

 
 
 
 
Restricted stock units granted
2,598,878

 
 
 
 
Restricted stock units released
(1,344,153
)
 
 
 
 
Restricted stock units cancelled
(648,653
)
 
 
 
 
Balance at December 27, 2014
8,487,069

 
2.9
 
$
267,916,927

Outstanding and expected to vest, December 27, 2014
7,349,984

 
2.8
 
$
229,319,498

(1)
Aggregate intrinsic value for RSUs represents the closing price per share of the Company’s common stock on December 26, 2014, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of December 27, 2014.
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest [Table Text Block]
The following table summarizes the number of MSUs outstanding and expected to vest as of December 27, 2014 and their activity during the six months ended December 27, 2014:

 
Number of
Shares 
 
Weighted Average
Remaining
Contractual Term
(in Years) 
 
Aggregate Intrinsic
Value (1) 
Balance at June 28, 2014
120,000

(2 
) 
 
 
 
Market stock units granted
423,044

 
 
 
 
Market stock units released
(42,476
)
 
 
 
 
Market stock units cancelled
(20,532
)
 
 
 
 
Balance at December 27, 2014
480,036

 
3.5
 
$
14,977,123

Outstanding and expected to vest, December 27, 2014
480,036

 
3.5
 
$
14,977,123

(1)
Aggregate intrinsic value for MSUs represents the closing price per share of the Company’s common stock on December 26, 2014, the last business day preceding the fiscal quarter-end, multiplied by the number of MSUs outstanding or expected to vest as of December 27, 2014.
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
The fair value of ESPP granted to employees has been estimated at the date of grant using the Black-Scholes option valuation model and the following weighted-average assumptions:

 
ESPP
 
Three Months Ended
 
Six Months Ended
 
December 27,
2014
 
December 28,
2013
 
December 27,
2014
 
December 28,
2013
Expected holding period (in years)
0.5

 
0.5

 
0.5

 
0.5

Risk-free interest rate
0.1
%
 
0.1
%
 
0.1
%
 
0.1
%
Expected stock price volatility
26.4
%
 
21.7
%
 
26.4
%
 
21.7
%
Dividend yield
3.5
%
 
3.7
%
 
3.5
%
 
3.7
%