Quarterly Financial Information (Unaudited)

12 Months Ended

Jun. 30, 2011

Quarterly Financial Information (Unaudited) [Abstract]

Quarterly Financial Information (Unaudited)


22.	Quarterly Financial Information (Unaudited)

The following is a condensed summary of our unaudited quarterly results of operations and quarterly earnings per share data for fiscal 2011 (in thousands, except per share data):


	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter

Net revenue	$	897,672	$	901,465	$	874,531	$	913,666
Gross profit		275,076		271,045		260,614		281,402
Net income		75,104		78,283		68,145		77,276
Basic earnings per share		0.43		0.45		0.39		0.44
Diluted earnings per share		0.43		0.45		0.39		0.44

The following is a condensed summary of our unaudited quarterly results of operations and quarterly earnings per share data for fiscal 2010 (in thousands, except per share data):


	First			Second		Third		Fourth
	Quarter			Quarter		Quarter		Quarter

Net revenue	$	674,033		$	729,576	$	756,294	$	847,304
Gross profit		191,419			212,536		235,730		252,938
Net (loss) income		(15,136	)		13,840		38,447		39,779
Basic (loss) earnings per share		(0.09	)		0.08		0.22		0.23
Diluted (loss) earnings per share		(0.09	)		0.08		0.22		0.23

During fiscal 2010, we recognized restructuring expenses related to our restructuring plan and asset impairment charges (see Note 6). We did not recognize any restructuring expenses or goodwill impairment charges in fiscal 2011. The table below summarizes the impact on net income of these items on each of the quarters during fiscal 2010 (in thousands):


	Restructuring
	Costs and
	Asset
	Impairments

Fiscal 2010:
First quarter	$	38,547
Second quarter		22,154
Third quarter		7,440
Fourth quarter		24,694

- Definition

This element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document.

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