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Income Taxes (Tables)
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12 Months Ended |
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Jun. 29, 2013
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| Income Tax Disclosure [Abstract] |
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| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
The provision for income taxes from continuing operations consisted of the following:
| | | | | | | | | | | | | | For the Year Ended | | June 29, 2013 | | June 30, 2012 | | June 25, 2011 | | (in thousands) | Federal | |
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| | |
| Current | $ | 84,996 |
| | $ | 143,903 |
| | $ | 44,579 |
| Deferred | 13,207 |
| | 16,767 |
| | 118,351 |
| State | | | | | | Current | 322 |
| | 2,877 |
| | 781 |
| Deferred | 3,574 |
| | 3,523 |
| | 4,204 |
| Foreign | | | | | | Current | 17,228 |
| | 14,757 |
| | 2,810 |
| Deferred | (1,357 | ) | | (4,012 | ) | | 1,937 |
| | $ | 117,970 |
| | $ | 177,815 |
| | $ | 172,662 |
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| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| | | | | | | | | | | For the Year Ended | | June 29, 2013 | | June 30, 2012 | | June 25, 2011 | | | Federal statutory rate | 35.0 | % | | 35.0 | % | | 35.0 | % | State tax, net of federal benefit | 0.6 |
| | 1.1 |
| | 0.7 |
| General business credits | (2.0 | ) | | (0.5 | ) | | (1.5 | ) | Foreign earnings and losses taxed or benefitted at different rates | (16.5 | ) | | (3.9 | ) | | (4.6 | ) | Stock-based compensation | 2.7 |
| | 2.3 |
| | 1.3 |
| Release of unrecognized tax benefits | — |
| | (0.4 | ) | | (4.1 | ) | Interest accrual for unrecognized tax benefits | 0.8 |
| | 0.6 |
| | (1.6 | ) | Other | 0.1 |
| | (0.8 | ) | | 0.9 |
| | | | | | | Income tax rate | 20.7 | % | | 33.4 | % | | 26.1 | % |
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| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
The components of the Company's deferred tax assets and liabilities are as follows: | | | | | | | | | | For the Year Ended | | June 29, 2013 | | June 30, 2012 | | (in thousands) | Deferred tax assets: | |
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| Inventory valuation and reserves | $ | 870 |
| | $ | 8,160 |
| Distributor related accruals and sales return and allowance accruals | 12,847 |
| | 16,426 |
| Deferred revenue | 325 |
| | 1,475 |
| Accrued compensation | 44,540 |
| | 44,524 |
| Stock-based compensation | 47,357 |
| | 59,524 |
| Net operating loss carryovers | 41,183 |
| | 40,750 |
| Tax credit carryovers | 45,854 |
| | 43,005 |
| Other reserves and accruals not currently deductible for tax purposes | 16,390 |
| | 17,225 |
| Other | 13,048 |
| | 8,102 |
| | | | | Total deferred tax assets | $ | 222,414 |
| | $ | 239,191 |
| | | | | Deferred tax liabilities: | |
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| Fixed assets cost recovery, net | (258,717 | ) | | (260,374 | ) | Other | (12,753 | ) | | (11,822 | ) | | | | | Net deferred tax assets /(liabilities) before valuation allowance | (49,056 | ) | | (33,005 | ) | Valuation allowance | (72,898 | ) | | (61,550 | ) | | | | | Net deferred tax assets/(liabilities) | $ | (121,954 | ) | | $ | (94,555 | ) |
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| 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 29, 2013 | | June 30, 2012 | | | (in thousands) | Balance as of beginning of year | | $ | 228,907 |
| | $ | 117,413 |
| Tax positions related to current year: | | | | | Addition | | 61,359 |
| | 56,257 |
| Tax positions related to prior year: | | | | | Addition | | 12,638 |
| | 60,221 |
| Reduction | | — |
| | (2,979 | ) | Lapses in statutes of limitations | | — |
| | (2,005 | ) | | | | | | Balance as of end of year | | $ | 302,904 |
| | $ | 228,907 |
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| Summary of Income Tax Examinations [Table Text Block] |
A summary of the fiscal tax years that remain subject to examination, as of June 29, 2013, for the Company's major tax jurisdictions are: | | | | | | United States - Federal | 2009 | - | forward | | United States - Various States | 2009 | - | forward | | Japan | 2007 | - | forward | | Philippines | 2010 | - | forward | | Thailand | 2004 | - | forward | | United Kingdom | 2011 | - | forward | | Ireland | 2010 | - | forward | |
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