XML 25 R52.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debts and Letters of Credit (Details) (USD $)
0 Months Ended 3 Months Ended 9 Months Ended 48 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Mar. 29, 2014
item
Jun. 29, 2013
Aug. 21, 2013
Revolving Credit Facility
Jun. 05, 2006
1% Senior Convertible notes
Mar. 30, 2013
1% Senior Convertible notes
Mar. 30, 2013
1% Senior Convertible notes
Mar. 30, 2013
1% Senior Convertible notes
Jun. 29, 2013
1% Senior Convertible notes
Mar. 29, 2014
1% Senior Convertible notes
Aug. 21, 2013
2033 Notes
Mar. 29, 2014
2033 Notes
Mar. 29, 2014
2033 Notes
Aug. 15, 2013
2033 Notes
Mar. 29, 2014
2033 Notes
Other non-current assets
Mar. 29, 2014
2033 Notes
Maximum
Mar. 29, 2014
2033 Notes
Maximum
Mar. 29, 2014
2033 Notes
Minimum
D
Mar. 29, 2014
2033 Notes
Minimum
D
Debt details                                    
Carrying value of the liability component                   $ 515,600,000                
Total long-term debt 530,200,000 0   266,500,000             530,200,000 530,200,000            
Interest rate on senior convertible notes (as a percent)       1.00%           0.625%                
Short-term debt                     0 0            
Aggregate principal amount of convertible debt       425,000,000           650,000,000                
Proceeds from issuance of convertible notes after issuance costs       415,900,000           636,300,000                
Conversion price of convertible debt (in dollars per share)       $ 30.30                 $ 18.83          
Conversion price of convertible debt as premium on closing price of common stock (as a percent)                         40.00%          
Principal amount used for debt instrument conversion                   1,000 1,000 1,000            
Percentage of the conversion price that the closing price of the entity's common stock must exceed in order for the notes to be convertible                                 130.00% 130.00%
Number of trading days within 30 consecutive trading days in which the closing price of the entity's common stock must exceed the conversion price for the notes to be redeemable                                 20 20
Number of consecutive trading days during which the closing price of the entity's common stock must exceed the conversion price for at least 20 trading days in order for the notes to be redeemable                   30 days 30 days 30 days            
Number of consecutive business days immediately following any 10 consecutive trading day period                   5 days 5 days 5 days            
Number of consecutive trading days before five consecutive business-days                   10 days 10 days 10 days            
Percentage of the trading price to the closing sale price of the entity's common stock                             98.00% 98.00%    
Percentage of principal amount that the holder of the note may require the entity to repurchase the debt instrument                   100.00% 100.00% 100.00%            
Percentage of principal amount at which the entity may redeem some or all of the notes for cash                   100.00% 100.00% 100.00%            
Discount rate used to calculate the carrying value of the liability component of the convertible debt (as a percent)       8.10%           5.40% 5.40% 5.40%            
Variable rate basis on which discount rate is based       7-year swap           5-year swap                
Effective interest rate (as a percent)       81.00% 81.00%   81.00%     5.40% 5.40% 5.40%            
Remaining term of convertible notes                     4 years 4 months 24 days 4 years 4 months 24 days            
Deferred finance costs                   13,700,000                
Liability component, debt issuance cost                   10,900,000                
Equity component, debt issuance cost                   2,800,000                
Unamortized portion of debt issuance cost     1,300,000                     9,700,000        
Carrying amounts of the liability and equity components:                                    
Principal amount of notes                 0 650,000,000 650,000,000 650,000,000            
Unamortized discount of liability component                     (119,800,000) (119,800,000)            
Carrying value of the equity component of convertible debt       158,500,000           134,400,000 134,400,000 134,400,000            
Fair market value of convertible debt                     683,200,000 683,200,000            
Effective interest rate and interest expense for the contractual interest and the accretion of debt discount:                                    
Effective interest rate (as a percent)       81.00% 81.00%   81.00%     5.40% 5.40% 5.40%            
Interest expense-contractual interest           400,000 1,600,000       1,000,000 2,400,000            
Accretion of debt discount           2,800,000 10,600,000       6,000,000 14,600,000            
Principal amount of debt repurchased               425,000,000                    
Amount outstanding                 0 650,000,000 650,000,000 650,000,000            
Revolving credit facility terminated     250,000,000                              
Outstanding balance     0                              
Outstanding Letters of Credit                                    
Number of standby letters of credit 14                                  
Letters of credit outstanding $ 34,700,000