Income Taxes (Tables)

12 Months Ended

Jun. 24, 2017

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

Pretax income (loss) is as follows:



	For the Year Ended
	June 24, 2017		June 25, 2016			June 27, 2015
	(in thousands)
Domestic pre-tax income (loss)	$	154,628	$	(48,985	)	$	68,289
Foreign pre-tax income (loss)	524,961		334,039			177,881
Total	$	679,589	$	285,054		$	246,170

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 24, 2017			June 25, 2016			June 27, 2015
	(in thousands)
Federal
Current	$	107,303		$	98,810		$	108,736
Deferred	(8,171		)	(52,240		)	(74,190		)
State
Current	(361		)	1,808			3,791
Deferred	(436		)	(2,406		)	(3,269		)
Foreign
Current	8,930			10,278			8,294
Deferred	711			1,329			(3,230		)
Total provision for income taxes	$	107,976		$	57,579		$	40,132

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 24, 2017		June 25, 2016		June 27, 2015

Federal statutory rate	35.0	%	35.0	%	35.0	%
State tax, net of federal benefit	(0.2	)	(0.6	)	(0.4	)
General business credits	(1.3	)	(2.8	)	(2.8	)
Effect of foreign operations	(20.2	)	(21.7	)	(24.6	)
Stock-based compensation	0.1		4.7		5.9
Interest accrual for unrecognized tax benefits	2.1		3.2		2.6
Non-deductible goodwill	—		2.5		—
Other	0.4		(0.1	)	0.6
Effective tax rate	15.9	%	20.2	%	16.3	%

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 24, 2017			June 25, 2016
	(in thousands)
Deferred tax assets:
Distributor related accruals and sales return and allowance accruals	$	10,746		$	23,482
Accrued compensation	36,630			39,979
Stock-based compensation	14,919			15,562
Net operating loss carryovers	45,743			44,962
Tax credit carryovers	71,231			57,101
Other reserves and accruals not currently deductible for tax purposes	50,126			36,516
Other	5,179			11,552
Total deferred tax assets	234,574			229,154

Deferred tax liabilities:
Fixed assets and intangible assets cost recovery, net	(66,355		)	(82,504		)
Unremitted earnings of foreign subsidiaries	(13,703		)	(11,842		)
Other	(3,296		)	(3,695		)
Total deferred tax liabilities	(83,354		)	(98,041		)

Net deferred tax assets /(liabilities) before valuation allowance	151,220			131,113
Valuation allowance	(110,411		)	(95,060		)
Net deferred tax assets/(liabilities)	$	40,809		$	36,053

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 24, 2017			June 25, 2016			June 27, 2015
	(in thousands)
Balance as of beginning of year	$	482,745		$	427,629		$	396,765
Tax positions related to current year:
Addition	57,791			53,899			55,343
Tax positions related to prior year:
Addition	1,059			3,035			214
Reduction	(1,410		)	(205		)	(2,433		)
Settlements	—			(943		)	(21,458		)
Lapses in statutes of limitations	(616		)	(670		)	(802		)
Balance as of end of year	$	539,569		$	482,745		$	427,629

Summary of Income Tax Examinations [Table Text Block]

A summary of the fiscal tax years that remain subject to examination, as of June 24, 2017, for the Company's major tax jurisdictions are as follows:



United States - Federal	2009	-	Forward
United States - Various States	2009	-	Forward
Ireland	2012	-	Forward
Japan	2011	-	Forward
Philippines	2014	-	Forward
Singapore	2013	-	Forward
United Kingdom	2012	-	Forward