Fair Value Measurements (Tables)

9 Months Ended

Mar. 29, 2014

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured at fair value on a recurring basis were as follows:



	As of March 29, 2014								As of June 29, 2013
	Fair Value Measurements Using						Total Balance		Fair Value Measurements Using						Total Balance
	Level 1		Level 2		Level 3		Total Balance		Level 1		Level 2		Level 3		Total Balance
	(in thousands)
Assets
Money market funds (1)	$	744,979	$	—	$	—	$	744,979	$	402,513	$	—	$	—	$	402,513
Certificates of deposit (1)	—		—		—		—		—		77		—		77
Government agency securities (2)	—		—		—		—		—		25,060		—		25,060
Foreign currency forward contracts (3)	—		157		—		157		—		187		—		187
Total Assets	$	744,979	$	157	$	—	$	745,136	$	402,513	$	25,324	$	—	$	427,837

Liabilities
Foreign currency forward contracts (4)	$	—	$	399	$	—	$	399	$	—	$	1,419	$	—	$	1,419
Contingent Consideration (4)	—		—		4,358		4,358		—		—		8,577		8,577
Total Liabilities	$	—	$	399	$	4,358	$	4,757	$	—	$	1,419	$	8,577	$	9,996

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The tables below present reconciliations for liabilities measured and recorded at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended March 29, 2014 and March 30, 2013:



Fair Value Measured and Recorded Using Significant Unobservable Inputs (Level 3)

	March 29, 2014			March 30, 2013
Contingent Consideration	(in thousands)
Beginning balance	$	8,577		$	17,737
Total gains or losses (realized and unrealized):
Included in earnings	1,632			3,226
Payments	(5,851		)	(7,476		)
Ending balance	$	4,358		$	13,487

Changes in unrealized losses (gains) included in earnings related to liabilities still held as of period end	$	1,632		$	3,226

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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