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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Mar. 29, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Assumptions Used to Value Stock Option Grants
The assumptions used in this model to value stock option grants were as follows:
 
Three Months Ended
 
Nine Months Ended
 
March 29, 2014
 
March 30, 2013
 
March 29, 2014
 
March 30, 2013
Stock options:
 
 
 
 
 
 
 
Expected life
5.3 years

 

 
5.3 years

 
5.1 years

Risk-free interest rate
1.6
%
 

 
1.5
%
 
0.7
%
Volatility
84.8
%
 

 
83.9
%
 
82.9
%
Dividend yield

 

 

 

Amounts Included in Cost of Revenues and Operating Expenses for Stock-Based Compensation
The amounts included in cost of revenues and operating expenses for stock-based compensation were as follows:
 
Three Months Ended
 
Nine Months Ended
 
March 29, 2014
 
March 30, 2013
 
March 29, 2014
 
March 30, 2013
 
(Thousands)
Stock-based compensation by category of expense:
 
Cost of revenues
$
244

 
$
488

 
$
746

 
$
1,217

Research and development
249

 
380

 
701

 
1,168

Selling, general and administrative
2,492

 
715

 
3,347

 
2,380

 
$
2,985

 
$
1,583

 
$
4,794

 
$
4,765

Stock-based compensation by type of award:
 
 
 
 
 
 
 
Stock options
$
210

 
$
574

 
$
803

 
$
1,948

Restricted stock awards
2,810

 
828

 
4,034

 
2,364

Purchase rights under ESPP

 
118

 

 
531

Inventory adjustment to cost of revenues
(35
)
 
63

 
(43
)
 
(78
)
 
$
2,985

 
$
1,583

 
$
4,794

 
$
4,765