Convertible Senior Notes (Tables)

6 Months Ended

Dec. 28, 2014

Debt Disclosure [Abstract]

Convertible Debt

The carrying values of the liability and equity components of the Convertible Senior Notes consisted of the following as of December 28, 2014:

	(in thousands)
Liability component:
Principal amount	$	175,000
Less: Unamortized debt discount	(25,626		)
Net carrying amount	149,374
Equity component	$	31,043

Schedule of Other Nonoperating Income (Expense)

The following table sets forth total interest expense recognized related to the Convertible Senior Notes during the three and six months ended December 28, 2014 and December 29, 2013:

	Three Months Ended   December 28, 2014			Three Months Ended   December 29, 2013			Six Months Ended   December 28, 2014			Six Months Ended   December 29, 2013
	(in thousands)
Contractual coupon interest expense	$	766		$	383		$	1,531		$	383
Amortization of debt issuance costs	181			79			357			79
Accretion of debt discount	1,459			686			2,896			686
Total	$	2,406		$	1,148		$	4,784		$	1,148
Effective interest rate	6.62		%	6.62		%	6.62		%	6.62		%