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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 30, 2014
Mar. 31, 2013
Mar. 30, 2014
Mar. 31, 2013
Revenues $ 348,006 $ 314,542 $ 1,022,958 $ 954,971
Cost of sales 84,479 [1] 79,259 [1] 251,001 [1] 241,202 [1]
Gross profit 263,527 235,283 771,957 713,769
Expenses:        
Research and development 62,129 [1] 58,517 [1] 185,649 [1] 174,624 [1]
Selling, general and administrative 40,693 [1] 38,480 [1] 118,223 [1] 113,074 [1]
Total operating expenses 102,822 96,997 303,872 287,698
Operating income 160,705 138,286 468,085 426,071
Interest expense (12,416) [2] (12,106) [2] (37,012) [2] (36,161) [2]
Interest and other income 581 1,004 2,254 3,050
Income before income taxes 148,870 127,184 433,327 392,960
Provision for income taxes 31,263 16,216 103,101 87,976
Net income $ 117,607 $ 110,968 $ 330,226 $ 304,984
Basic earnings per share $ 0.49 $ 0.47 $ 1.38 $ 1.29
Shares used in the calculation of basic earnings per share 240,669 237,296 239,592 236,323
Diluted earnings per share $ 0.48 $ 0.46 $ 1.37 $ 1.28
Shares used in the calculation of diluted earnings per share 243,992 238,641 241,724 237,388
Cash dividends per share   $ 0.00 [3] $ 0.79 [3] $ 0.76 [3]
[1] Stock-based compensation Cost of sales$1,961 $1,998 $6,031 $5,952Research and development9,133 9,324 28,111 27,775Selling, general and administrative4,718 4,812 14,517 14,335
[2] Amortization of debt discount (non- cash interest expense)5,603 5,294 16,573 15,659
[3] The payment of the dividend that would have occurred during the March 2013 quarter for the amount per share was accelerated into the quarter ended March 30, 2012.$0.26