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Stock-Based Compensation (Tables)
3 Months Ended
Sep. 27, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
The following table shows total stock-based compensation expense by type of award, and the resulting tax effect, included in the Condensed Consolidated Statements of Income for the three months ended September 27, 2014 and September 28, 2013:


Three Months Ended

September 27, 2014

September 28, 2013

Stock Options

Restricted Stock Units

Employee Stock Purchase Plan

Total

Stock Options

Restricted Stock Units

Employee Stock Purchase Plan

Total

(in thousands)
Cost of goods sold
$
339


$
1,974


$
524


$
2,837


$
349


$
1,918


$
475


$
2,742

Research and development
2,147


8,832


1,343


12,322


1,836


6,440


1,322


9,598

Selling, general and administrative
1,429


5,224


608


7,261


1,264


4,527


609


6,400

Pre-tax stock-based compensation expense
$
3,915


$
16,030


$
2,475


$
22,420


$
3,449


$
12,885


$
2,406


$
18,740

Less: income tax effect






3,272








2,729

Net stock-based compensation expense








$
19,148








$
16,011


Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of options granted to employees has been estimated using the following weighted-average assumptions:

 
Stock Options
 
Three Months Ended
 
September 27,
2014
 
September 28,
2013
Expected holding period (in years)
4.8

 
5.4

Risk-free interest rate
1.6
%
 
1.4
%
Expected stock price volatility
26.7
%
 
35.0
%
Dividend yield
3.1
%
 
3.1
%
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding [Table Text Block]
The following table summarizes outstanding, exercisable and vested and expected to vest stock options as of September 27, 2014 and their activity for the three months ended September 27, 2014:

 
Number of
Shares 
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (in Years)
 
Aggregate Intrinsic Value (1)
Balance at June 28, 2014
16,163,644

 
$
25.74

 
 
 
 
Options Granted
55,576

 
32.76

 
 
 
 
Options Exercised
(524,614
)
 
16.91

 
 
 
 
Options Cancelled
(391,851
)
 
36.80

 
 
 
 
Balance at September 27, 2014
15,302,755

 
$
25.78

 
3.5
 
$
99,141,987

Exercisable, September 27, 2014
7,068,084

 
$
25.79

 
1.8
 
$
56,266,217

Vested and expected to vest, September 27, 2014
14,551,614

 
$
25.70

 
3.4
 
$
96,124,051

 
(1)
Aggregate intrinsic value represents the difference between the exercise price and the closing price per share of the Company’s common stock on September 26, 2014, the last business day preceding the fiscal quarter-end, multiplied by the number of options outstanding, exercisable or vested and expected to vest as of September 27, 2014.
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest [Table Text Block]
The following table summarizes outstanding and expected to vest RSUs as of September 27, 2014 and their activity during the three months ended September 27, 2014:

 
Number of
Shares 
 
Weighted Average
Remaining
Contractual Term
(in Years)
 
 
Aggregate Intrinsic
Value (1) 
Balance at June 28, 2014
7,695,131

 
 
 
 
Restricted stock units granted
2,462,214

 
 
 
 
Restricted stock units released
(675,621
)
 
 
 
 
Restricted stock units cancelled
(216,225
)
 
 
 
 
Balance at September 27, 2014
9,265,499

 
3.1
 
$
308,410,676

Outstanding and expected to vest, September 27, 2014
8,602,824

 
3.0
 
$
265,913,281

(1)
Aggregate intrinsic value for RSUs represents the closing price per share of the Company’s common stock on September 26, 2014, the last business day preceding the fiscal quarter-end, multiplied by the number of RSUs outstanding or expected to vest as of September 27, 2014.