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Financial Instruments (Tables)

12 Months Ended

Jul. 01, 2012

Financial Instruments [Abstract]

Financial Instruments


		Fair Value as of July 1, 2012				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)
		(In thousands)
*Assets:*
Money market funds		$	8,650			$	8,650			$	—			$	—

Short-term investments:
Corporate debt securities			23,703				—				23,703				—
Government sponsored enterprise debt securities			12,515				—				12,515				—
Mutual funds			3,062				3,062				—				—

Total short-term investments			39,280				3,062				36,218				—

Total financial assets		$	47,930			$	11,712			$	36,218			$	—

*Liabilities:*
Contingent Consideration		$	540			$	—			$	—			$	540

Total financial liabilities		$	540			$	—			$	—			$	540


		Fair Value as of July 3, 2011				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)
		(In thousands)
*Assets:*
Money market funds		$	12,630			$	12,630			$	—			$	—

Short-term investments:
Corporate debt securities			23,430				—				23,430				—
Government sponsored enterprise debt securities			16,456				—				16,456				—
Mutual funds			3,454				3,454				—				—

Total short-term investments			43,340				3,454				39,886				—

Total financial assets		$	55,970			$	16,084			$	39,886			$	—

Available-for-sale and trading securities


		Amortized Cost Basis				Gross Unrealized Gains (Losses)				Fair Value
		(In thousands)
July 1, 2012
Money market funds		$	8,650			$	—			$	8,650
Corporate debt securities			23,705				(2	)			23,703
Government sponsored enterprise debt securities			12,513				2				12,515
Mutual funds			3,062				—				3,062

Total financial assets		$	47,930			$	—			$	47,930

July 3, 2011
Money market funds		$	12,630			$	—			$	12,630
Corporate debt securities			23,424				6				23,430
Government sponsored enterprise debt securities			16,456				—				16,456
Mutual funds			3,454				—				3,454

Total financial assets		$	55,964			$	6			$	55,970

summarizes available-for-sale and trading securities


		Amortized Cost				Fair Value
		(In thousands)
Less than 1 year		$	19,981			$	19,993
Due in 1 to 3 years			16,237				16,225

Total		$	36,218			$	36,218

Reconciles the beginning and ending balances for Level 3 liabilities


		Contingent consideration
Balance as of July 3, 2011		$	—
Acquired business in March 2012 (See Note 13)			540
Unrealized gains /losses			—

Balance as of July 1, 2012		$	540


Description		Valuation Techniques		Significant Unobservable Inputs
Liabilities: Contingent consideration		Present value of a Probability Weighted earn-out model using an appropriate discount rate.		Estimate of future revenue associated with acquired technology. Revenue of $4.9 million over a range of 2.5 years to 3 years.

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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