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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 24, 2016
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 months ended September 24, 2016 and September 26, 2015, respectively:

Three Months Ended

September 24, 2016

September 26, 2015

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
$
180


$
1,583


$
484


$
2,247


$
335


$
1,988


$
559


$
2,882

Research and development
222


6,696


1,218


8,136


870


5,874


1,297


8,041

Selling, general and administrative
642


5,476


619


6,737


818


4,626


596


6,040

Pre-tax stock-based compensation expense
$
1,044


$
13,755


$
2,321


$
17,120


$
2,023


$
12,488


$
2,452


$
16,963

Less: income tax effect






3,067








2,762

Net stock-based compensation expense








$
14,053








$
14,201



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 September 24, 2016 and their activity for the three months ended September 24, 2016:

 
Number of
Shares 
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (in Years)
 
Aggregate Intrinsic Value (1)
Balance at June 25, 2016
5,935,079

 
$
25.11

 
 
 
 
Options Granted

 

 
 
 
 
Options Exercised
(866,330
)
 
22.97

 
 
 
 
Options Cancelled
(200,203
)
 
27.28

 
 
 
 
Balance at September 24, 2016
4,868,546

 
$
25.39

 
2.9
 
$
66,785,971

Exercisable, September 24, 2016
2,807,904

 
$
23.32

 
2.2
 
$
44,005,199

Vested and expected to vest, September 24, 2016
4,803,830

 
$
25.32

 
2.9
 
$
65,649,805

(1)
Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company’s common stock on September 23, 2016, 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 September 24, 2016.
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 the outstanding and expected to vest RSUs and other awards as of September 24, 2016 and their activity during the three months ended September 24, 2016:

 
Number of
Shares 
 
Weighted Average
Remaining
Contractual Term
(in Years)
 
 
Aggregate Intrinsic
Value (1) 
Balance at June 25, 2016
6,620,813

 
 
 
 
Restricted stock units and other awards granted
1,663,313

 
 
 
 
Restricted stock units and other awards released
(406,051
)
 
 
 
 
Restricted stock units and other awards cancelled
(387,698
)
 
 
 
 
Balance at September 24, 2016
7,490,377

 
3.0
 
$
292,456,777

Outstanding and expected to vest, September 24, 2016
6,139,955

 
2.9
 
$
239,396,837

(1)
Aggregate intrinsic value for RSUs and other awards represents the closing price per share of the Company’s common stock on September 23, 2016, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of September 24, 2016.
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 September 24, 2016 and their activity during the three months ended September 24, 2016:

 
Number of
Shares 
 
Weighted Average
Remaining
Contractual Term
(in Years)
 
 
Aggregate Intrinsic
Value (1) 
Balance at June 25, 2016
673,532

 
 
 
 
Market stock units granted
308,432

 
 
 
 
Market stock units released

 
 
 
 
Market stock units cancelled
(66,696
)
 
 
 
 
Balance at September 24, 2016
915,268

 
3.3
 
$
35,686,299

Outstanding and expected to vest, September 24, 2016
738,080

 
3.3
 
$
28,777,728

(1)
Aggregate intrinsic value for MSUs represents the closing price per share of the Company’s common stock on September 23, 2016, the last business day preceding the fiscal quarter-end, multiplied by the number of MSUs outstanding or expected to vest as of September 24, 2016.
Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]
The fair value of ESPP rights granted to employees has been estimated at the date of grant using the Black-Scholes option valuation model using the following assumptions for the offering periods outstanding:

 
ESPP
 
Three Months Ended
 
September 24,
2016
 
September 26,
2015
Expected holding period (in years)
0.5
 
0.5
Risk-free interest rate
0.5%
 
0.1%
Expected stock price volatility
27.2% - 28.2%
 
21.8% - 23.8%
Dividend yield
3.5% - 3.6%
 
3.3% - 3.5%