|
Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Jun. 29, 2013
|
Jun. 30, 2012
|
Jun. 25, 2011
|
| Net revenues |
$ 2,441,459 |
$ 2,403,529 |
$ 2,472,341 |
| Cost of goods sold |
944,892 |
952,677 |
942,377 |
| Gross margin |
1,496,567 |
1,450,852 |
1,529,964 |
| Operating expenses: |
|
|
|
| Research and development |
534,819 |
552,379 |
525,308 |
| Selling, general and administrative |
324,282 |
321,273 |
292,494 |
| Intangible asset amortization |
15,525 |
16,737 |
18,752 |
| Impairment of long-lived assets |
24,929 |
30,095 |
0 |
| Severance and restructuring expenses |
2,829 |
6,785 |
1,247 |
| Other operating expenses, net |
5,864 |
(11,214) |
19,124 |
| Total operating expenses |
908,248 |
916,055 |
856,925 |
| Operating income |
588,319 |
534,797 |
673,039 |
| Interest (expense) income and other, net |
(18,040) |
(2,064) |
(11,368) |
| Income before provision for income taxes |
570,279 |
532,733 |
661,671 |
| Provision for income taxes |
117,970 |
177,815 |
172,662 |
| Income (Loss) from Continuing Operations Attributable to Parent |
452,309 |
354,918 |
489,009 |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest |
2,603 |
31,809 |
0 |
| Net income |
$ 454,912 |
$ 386,727 |
$ 489,009 |
| Earnings per share: |
|
|
|
| Income (Loss) from Continuing Operations, Per Basic Share |
$ 1.55 |
$ 1.21 |
$ 1.65 |
| Income (Loss) from Discontinued Operations, Net of Tax, Per Basic Share |
$ 0.01 |
$ 0.11 |
$ 0.00 |
| Basic net income per share |
$ 1.56 |
$ 1.32 |
$ 1.65 |
| Income (Loss) from Continuing Operations, Per Diluted Share |
$ 1.51 |
$ 1.18 |
$ 1.61 |
| Income (Loss) from Discontinued Operations, Net of Tax, Per Diluted Share |
$ 0.01 |
$ 0.11 |
$ 0.00 |
| Diluted net income per share |
$ 1.52 |
$ 1.29 |
$ 1.61 |
| Shares used in the calculation of earnings per share: |
|
|
|
| Basic |
291,835 |
292,810 |
296,755 |
| Diluted |
298,596 |
300,002 |
303,377 |
| Dividends paid per share |
$ 0.96 |
$ 0.88 |
$ 0.84 |