Convertible Senior Notes (Tables)

9 Months Ended

Mar. 29, 2015

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 March 29, 2015:

	(in thousands)
Liability component:
Principal amount	$	175,000
Less: Unamortized debt discount	(24,146		)
Net carrying amount	150,854
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 nine months ended March 29, 2015 and March 30, 2014:

	Three Months Ended   March 29, 2015			Three Months Ended   March 30, 2014			Nine Months Ended   March 29, 2015			Nine Months Ended   March 30, 2014
	(in thousands)
Contractual coupon interest expense	$	766		$	766		$	2,297		$	1,149
Amortization of debt issuance costs	186			166			543			245
Accretion of debt discount	1,481			1,395			4,377			2,081
Total	$	2,433		$	2,327		$	7,217		$	3,475
Effective interest rate	6.62		%	6.62		%	6.62		%	6.62		%