Stock-Based Compensation (Tables)

12 Months Ended

Jun. 24, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Employee Stock Purchase Plan, Valuation Assumptions [Table Text Block]

The fair value of shares granted to employees under the ESPP in fiscal years 2017, 2016 and 2015 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 For the Year Ended
	June 24, 2017	June 25, 2016	June 27, 2015
Expected holding period (in years)	0.5	0.5	0.5
Risk-free interest rate	0.5% - 1.1%	0.1% - 0.5%	0.1	%
Expected stock price volatility	19.1% - 30.4%	21.8% - 33.1%	20.7% - 26.4%
Dividend yield	3.0% - 3.6%	3.3% - 3.6%	3.3% - 3.7%

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 Consolidated Statements of Income for fiscal years 2017, 2016 and 2015:

	For the Year Ended
	June 24, 2017
	Stock Options		Restricted Stock Units and Other Awards		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	536	$	6,630	$	1,928	$	9,094
Research and development	1,654		29,504		4,514		35,672
Selling, general and administrative	1,424		22,713		2,214		26,351
Pre-tax stock-based compensation expense	$	3,614	$	58,847	$	8,656	$	71,117
Less: income tax effect							12,934
Net stock-based compensation expense							$	58,183

	For the Year Ended
	June 25, 2016
	Stock Options		Restricted Stock Units and Other Awards		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	837	$	5,697	$	2,340	$	8,874
Research and development	3,469		27,784		5,133		36,386
Selling, general and administrative	3,043		19,127		2,271		24,441
Pre-tax stock-based compensation expense	$	7,349	$	52,608	$	9,744	$	69,701
Less: income tax effect							11,314
Net stock-based compensation expense							$	58,387

	For the Year Ended
	June 27, 2015
	Stock Options		Restricted Stock Units and Other Awards		Employee Stock Purchase Plan		Total
	(in thousands)
Cost of goods sold	$	1,391	$	8,226	$	2,257	$	11,874
Research and development	4,783		31,899		5,375		42,057
Selling, general and administrative	3,863		19,414		2,283		25,560
Pre-tax stock-based compensation expense	$	10,037	$	59,539	$	9,915	$	79,491
Less: income tax effect							14,131
Net stock-based compensation expense							$	65,360

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Share-based Compensation Arrangements 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 June 24, 2017 and their activity during fiscal years 2017, 2016 and 2015:

	Options			Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (1)
	Number of Shares		Weighted Average Exercise Price
Balance at June 28, 2014	16,163,644		$25.74
Options Granted	63,584		32.22
Options Exercised	(3,168,704	)	18.39
Options Cancelled	(2,885,508	)	33.62
Balance at June 27, 2015	10,173,016		25.83
Options Granted	—		—
Options Exercised	(3,242,881	)	25.05
Options Cancelled	(995,056	)	32.67
Balance at June 25, 2016	5,935,079		25.11
Options Granted	—		—
Options Exercised	(2,741,659	)	22.98
Options Cancelled	(393,413	)	27.07
Balance at June 24, 2017	2,800,007		$26.92	2.6	$	55,880,831
Exercisable at June 24, 2017	2,059,979		$26.36	2.3	$	42,236,422
Vested and expected to vest, June 24, 2017	2,782,570		$26.90	2.6	$	55,526,775

(1) Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company's common stock on June 23, 2017, the last business day preceding the fiscal year end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of June 24, 2017.

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about stock options that were outstanding and exercisable at June 24, 2017:

	Outstanding Options			Options Exercisable
Range of Exercise Prices	Number Outstanding at June 24, 2017	Weighted Average Remaining Contractual Term (in years)	Weighted Average Exercise Price	Number Exercisable at June 24, 2017	Weighted Average Exercise Price
$12.00 - $20.00	99,797	1.7	$18.16	99,797	$18.16
$20.01 - $30.00	2,607,002	2.6	$27.03	1,897,457	$26.57
$30.01 - $40.00	93,208	3.6	$32.99	62,725	$32.81
	2,800,007			2,059,979

Share-based Compensation Arrangements 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 and other awards as of June 24, 2017 and their activity during fiscal years 2017, 2016 and 2015:

	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 and other awards granted	3,178,117
Restricted stock units and other awards released	(2,589,639	)
Restricted stock units and other awards cancelled	(1,339,490	)
Balance at June 27, 2015	7,129,985
Restricted stock units and other awards granted	2,905,973
Restricted stock units and other awards released	(2,049,430	)
Restricted stock units and other awards cancelled	(1,365,715	)
Balance at June 25, 2016	6,620,813
Restricted stock units and other awards granted	2,237,679
Restricted stock units and other awards released	(1,876,050	)
Restricted stock units and other awards cancelled	(1,040,319	)
Balance at June 24, 2017	5,942,123		2.6	$	279,524,492
Expected to vest at June 24, 2017	4,980,900		2.6	$	233,404,993

(1) Aggregate intrinsic value for RSUs and other awards represents the closing price per share of the Company's common stock on June 23, 2017, the last business day preceding the fiscal year end, multiplied by the number of RSUs and other awards outstanding, or expected to vest as of June 24, 2017.

Schedule of Share-Based Compensation Arrangement by Share-Based Payment Award, Market Stock Units Vested and Expected to Vest [Table Text Block]

The following table summarizes the number of MSUs outstanding and expected to vest as of June 24, 2017 and their activity during fiscal years 2017, 2016 and 2015:

	Number of Shares		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (1)
Balance at June 28, 2014 (2)	120,000
Market stock units granted	423,044
Market stock units released	(42,476	)
Market stock units cancelled	(85,728	)
Balance at June 27, 2015	414,840
Market stock units granted	361,684
Market stock units released	—
Market stock units cancelled	(102,992	)
Balance at June 25, 2016	673,532
Market stock units granted	308,432
Market stock units released	—
Market stock units cancelled	(163,936	)
Balance at June 24, 2017	818,028		2.7	$	38,332,792
Expected to vest at June 24, 2017	361,961		2.7	$	16,961,472

(1) Aggregate intrinsic value for MSUs represents the closing price per share of the Company’s common stock on June 23, 2017, the last business day preceding the fiscal quarter-end, multiplied by the number of MSUs outstanding or expected to vest as of June 24, 2017.

(2) Reflects shares previously granted to the Company’s Chief Executive Officer only.