Interest and Other Income (Expense) (Notes)

12 Months Ended

Jun. 25, 2016

Other Income and Expenses [Abstract]

Other Income and Other Expense Disclosure [Text Block]

INTEREST AND OTHER INCOME (EXPENSE)

Interest and other income (expense) was as follows:

	For the Year Ended
	June 25, 2016			June 27, 2015			June 28, 2014
	(in thousands)
Interest and other income (expense):
Interest income (expense), net	$	(29,757	)	$	(31,545	)	$	(26,428	)
Other income (expense), net	962			40,435			13,363
Total	$	(28,795	)	$	8,890		$	(13,065	)

As discussed in Note 5, Interest income (expense), net consists primarily of interest expense associated with long term notes. Interest expense associated with the notes was $29.4 million, $29.4 million and $24.7 million during the years ended June 25, 2016, June 27, 2015 and June 28, 2014, respectively. Interest expense associated with debt discounts and issuance fees was $1.9 million, $2.0 million and $1.1 million during the fiscal years ended June 25, 2016, June 27, 2015 and June 28, 2014, respectively.

During the fiscal year ended June 27, 2015, Interest income (expense), net included the $35.8 million gain on the sale of the Capacitive Touch Business. The Company completed a sale of its Capacitive Touch business for approximately $39.5 million resulting in a gain of $35.8 million. As a result of the nature of the operations, the Company concluded that the sale would not qualify as a discontinued operation and has recorded the impact of the sale (gain) in Interest and other income (expense), net.