Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 02, 2016	Jul. 03, 2016
Assets
Cash and cash equivalents	$ 217,135	$ 263,682
Marketable securities	1,304,011	1,184,593
Accounts receivable, net of allowances ($1,649 as of October 2, 2016) and ($1,649 as of July 3, 2016)	162,434	157,460
Inventories:
Raw materials	11,191	9,915
Work-in-process	65,867	66,172
Finished goods	21,015	21,164
Total inventories	98,073	97,251
Prepaid expenses and other current assets	53,337	51,744
Total current assets	1,834,990	1,754,730
Property, plant and equipment, at cost:
Land	28,834	28,834
Buildings and improvements	264,658	264,484
Manufacturing and test equipment	756,982	753,916
Office furniture and equipment	7,725	7,285
Gross property, plant and equipment	1,058,199	1,054,519
Accumulated depreciation and amortization	(776,628)	(768,653)
Net property, plant and equipment	281,571	285,866
Identified intangible assets, net and goodwill	8,835	9,385
Total noncurrent assets	290,406	295,251
Total assets	2,125,396	2,049,981
Liabilities and stockholders' equity
Accounts payable	17,019	17,465
Accrued payroll and related benefits	85,334	93,187
Deferred income on shipments to distributors	48,759	48,701
Income taxes payable	36,488	3,342
Other accrued liabilities	16,706	17,271
Total current liabilities	204,306	179,966
Deferred tax liabilities	68,129	68,388
Other long-term liabilities	44,360	42,452
Total liabilities	316,795	290,806
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value, 2,000 shares authorized; none issued or outstanding
Common stock, $0.001 par value, 2,000,000 shares authorized; 240,006 shares issued and outstanding (239,654 as of July 3, 2016)	240	240
Additional paid-in capital	2,159,624	2,136,910
Accumulated other comprehensive income, net of tax	620	1,235
Accumulated deficit	(351,883)	(379,210)
Total stockholders' equity	1,808,601	1,759,175
Total liabilities and stockholders' equity	$ 2,125,396	$ 2,049,981