Income Taxes (Tables)

12 Months Ended

Jun. 25, 2016

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

Pretax income (loss) is as follows:



	For the Year Ended
	June 25, 2016			June 27, 2015		June 28, 2014
	(in thousands)
Domestic pre-tax income (loss)	$	(48,985	)	$	68,289	$	87,630
Foreign pre-tax income (loss)	334,039			177,881		321,596
Total	$	285,054		$	246,170	$	409,226

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

The provision for income taxes consisted of the following:



	For the Year Ended
	June 25, 2016			June 27, 2015			June 28, 2014
	(in thousands)
Federal
Current	$	98,810		$	108,736		$	93,012
Deferred	(52,240		)	(74,190		)	(42,875		)
State
Current	1,808			3,791			2,676
Deferred	(2,406		)	(3,269		)	(1,465		)
Foreign
Current	10,278			8,294			6,692
Deferred	1,329			(3,230		)	(3,624		)
Total provision for income taxes	$	57,579		$	40,132		$	54,416

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

A reconciliation of the Company's Federal statutory tax rate to the Company's effective tax rate is as follows:



	For the Year Ended
	June 25, 2016		June 27, 2015		June 28, 2014

Federal statutory rate	35.0	%	35.0	%	35.0	%
State tax, net of federal benefit	(0.6	)	(0.4	)	0.1
General business credits	(2.8	)	(2.8	)	(0.9	)
Effect of foreign operations	(21.7	)	(24.6	)	(19.1	)
Stock-based compensation	4.7		5.9		3.9
Fixed assets federal tax basis adjustments	—		—		(8.4	)
Interest accrual for unrecognized tax benefits	3.2		2.6		1.1
Non-deductible goodwill	2.5		—		—
Other	(0.1	)	0.6		1.6
Effective tax rate	20.2	%	16.3	%	13.3	%

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 25, 2016			June 27, 2015
	(in thousands)
Deferred tax assets:
Distributor related accruals and sales return and allowance accruals	$	23,482		$	15,966
Accrued compensation	39,979			44,961
Stock-based compensation	15,562			22,639
Net operating loss carryovers	44,962			47,305
Tax credit carryovers	57,101			54,501
Other reserves and accruals not currently deductible for tax purposes	36,516			29,420
Other	11,552			10,968
Total deferred tax assets	229,154			225,760

Deferred tax liabilities:
Fixed assets and intangible assets cost recovery, net	(82,504		)	(141,070		)
Unremitted earnings of foreign subsidiaries	(11,842		)	—
Other	(3,695		)	(5,349		)
Total deferred tax liabilities	(98,041		)	(146,419		)

Net deferred tax assets /(liabilities) before valuation allowance	131,113			79,341
Valuation allowance	(95,060		)	(91,175		)
Net deferred tax assets/(liabilities)	$	36,053		$	(11,834	)

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 25, 2016			June 27, 2015			June 28, 2014
	(in thousands)
Balance as of beginning of year	$	427,629		$	396,765		$	302,904
Tax positions related to current year:
Addition	53,899			55,343			58,035
Tax positions related to prior year:
Addition	3,035			214			300
Current year acquisitions	—			—			39,566
Reduction	(205		)	(2,433		)	(586		)
Settlements	(943		)	(21,458		)	(496		)
Lapses in statutes of limitations	(670		)	(802		)	(2,958		)
Balance as of end of year	$	482,745		$	427,629		$	396,765

Summary of Income Tax Examinations [Table Text Block]

A summary of the fiscal tax years that remain subject to examination, as of June 25, 2016, for the Company's major tax jurisdictions are as follows:



United States - Federal	2009	-	Forward
United States - Various States	2009	-	Forward
Ireland	2011	-	Forward
Japan	2010	-	Forward
Philippines	2013	-	Forward
Singapore	2012	-	Forward
United Kingdom	2013	-	Forward