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Quarterly Financial Data (Unaudited)
12 Months Ended
Jun. 24, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) [Text Block]
QUARTERLY FINANCIAL DATA (UNAUDITED)

 
Quarter Ended
Fiscal Year 2017
6/24/2017
 
3/25/2017
 
12/24/2016
 
9/24/2016
 
(in thousands, except percentages and per share data)
Net revenues (1)
$
602,005

 
$
581,216

 
$
550,998

 
$
561,396

Cost of goods sold 
208,339

 
214,312

 
210,820

 
215,664

Gross margin 
$
393,666

 
$
366,904

 
$
340,178

 
$
345,732

Gross margin %
65.4
%
 
63.1
%
 
61.7
%
 
61.6
%
Operating income (loss)
$
199,378

 
$
174,252

 
$
149,074

 
$
172,073

     % of net revenues
33.1
%
 
30.0
%
 
27.1
%
 
30.7
%
Net income (loss) (2)
$
163,309

 
$
140,213

 
$
130,477

 
$
137,614

 
 
 
 
 
 
 
 
Earnings (loss) per share:
 

 
 

 
 

 
 

Basic
$
0.58

 
$
0.50

 
$
0.46

 
$
0.49

Diluted
$
0.57

 
$
0.49

 
$
0.45

 
$
0.48

 
 
 
 
 
 
 
 
Shares used in the calculation of earnings (loss) per share:
 

 
 

 
 

 
 

     Basic 
282,747

 
282,903

 
283,294

 
283,633

     Diluted
287,494

 
287,882

 
288,106

 
288,574

 
 

 
 

 
 

 
 

Dividends declared and paid per share 
$
0.33

 
$
0.33

 
$
0.33

 
$
0.33


(1) The fiscal quarter ended June 24, 2017, includes an incremental $19.4 million of revenue from beginning to recognize revenue with a certain distributor (less its estimate of future price adjustments and returns) upon shipment to the distributor (also referred to as the sell-in basis of revenue recognition).

(2) The fiscal quarter ended September 24, 2016, includes a gain of $26.6 million associated with the sale of the Company's micro-electromechanical systems (MEMS) business line.
 
Quarter Ended
Fiscal Year 2016
6/25/2016
 
3/26/2016
 
12/26/2015
 
9/26/2015
 
(in thousands, except percentages and per share data)
Net revenues 
$
566,126

 
$
555,252

 
$
510,831

 
$
562,510

Cost of goods sold 
219,099

 
236,411

 
218,662

 
276,159

Gross margin 
$
347,027

 
$
318,841

 
$
292,169

 
$
286,351

Gross margin %
61.3
%
 
57.4
%
 
57.2
%
 
50.9
 %
Operating income (loss)
$
122,373

 
$
177,708

 
$
89,533

 
$
(75,765
)
     % of net revenues
21.6
%
 
32.0
%
 
17.5
%
 
(13.5
)%
Net income (loss) (1)
$
92,339

 
$
139,810

 
$
67,469

 
$
(72,143
)
 
 
 
 
 
 
 
 
Earnings (loss) per share:
 

 
 

 
 

 
 

     Basic
$
0.32

 
$
0.49

 
$
0.24

 
$
(0.25
)
     Diluted
$
0.32

 
$
0.48

 
$
0.23

 
$
(0.25
)
 
 
 
 
 
 
 
 
Shares used in the calculation of earnings (loss) per share:
 

 
 

 
 

 
 

     Basic 
285,354

 
285,854

 
285,526

 
284,588

     Diluted
288,544

 
289,783

 
290,521

 
284,588

 
 
 
 
 
 
 
 
Dividends declared and paid per share 
$
0.30

 
$
0.30

 
$
0.30

 
$
0.30


(1) The fiscal quarter ended September 26, 2015, includes a $157.7 million impairment of long-lived assets associated with the Company's wafer manufacturing facility in San Antonio, Texas which was classified as held for sale and written down to fair value, less cost to sell. The fiscal quarter ended March 26, 2016, includes a gain of $58.9 million associated to the sale of the Company's energy metering business.