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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 27, 2016
Jun. 28, 2015
Current assets:    
Cash and cash equivalents $ 115,562 $ 139,710
Short-term investments 504,888 573,481
Total cash, cash equivalents and short-term investments 620,450 713,191
Accounts receivable, net 178,606 186,157
Income tax receivable 12,261 0
Inventories 297,860 280,576
Deferred income taxes 0 39,190
Prepaid expenses 20,755 29,932
Other current assets 57,807 54,851
Assets held for sale 5,700 4,353
Total current assets 1,193,439 1,308,250
Property and equipment, net 612,072 635,072
Goodwill 618,828 616,345
Intangible assets, net 309,919 310,729
Other long-term investments 41,661 57,595
Deferred income taxes 28,578 8,951
Other assets 9,648 11,091
Total assets 2,814,145 2,948,033
Current liabilities:    
Accounts payable, trade 129,963 163,128
Accrued salaries and wages 45,993 45,415
Income taxes payable 0 2,035
Other current liabilities 42,046 44,208
Total current liabilities 218,002 254,786
Long-term liabilities:    
Long-term debt 225,000 200,000
Deferred income taxes 1,270 10,211
Other long-term liabilities 16,416 21,084
Total long-term liabilities $ 242,686 $ 231,295
Commitments and contingencies (Note 12)
Shareholders' equity:    
Preferred stock, par value $0.01; 3,000 shares authorized at March 27, 2016 and June 28, 2015; none issued and outstanding $ 0 $ 0
Common stock, par value $0.00125; 200,000 shares authorized at March 27, 2016 and June 28, 2015; 100,424 and 105,507 shares issued and outstanding at March 27, 2016 and June 28, 2015, respectively 124 131
Additional paid-in-capital 2,336,099 2,285,554
Accumulated other comprehensive income, net of taxes 7,206 5,798
Retained earnings 10,028 170,469
Total shareholders’ equity 2,353,457 2,461,952
Total liabilities and shareholders’ equity $ 2,814,145 $ 2,948,033