Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 01, 2017	Jul. 03, 2016
Assets
Cash and cash equivalents	$ 330,006	$ 263,682
Marketable securities	1,279,819	1,184,593
Accounts receivable, net of allowances ($1,649 as of January 1, 2017 and $1,649 as of July 3, 2016)	145,135	157,460
Inventories:
Raw materials	10,749	9,915
Work-in-process	64,833	66,172
Finished goods	22,966	21,164
Total inventories	98,548	97,251
Prepaid expenses and other current assets	48,539	51,744
Total current assets	1,902,047	1,754,730
Property, plant and equipment, at cost:
Land	28,834	28,834
Buildings and improvements	265,017	264,484
Manufacturing and test equipment	766,667	753,916
Office furniture and equipment	7,682	7,285
Gross property, plant and equipment	1,068,200	1,054,519
Accumulated depreciation and amortization	(787,051)	(768,653)
Net property, plant and equipment	281,149	285,866
Identified intangible assets, net and goodwill	8,285	9,385
Total noncurrent assets	289,434	295,251
Total assets	2,191,481	2,049,981
Liabilities and stockholders' equity
Accounts payable	17,197	17,465
Accrued payroll and related benefits	111,797	93,187
Deferred income on shipments to distributors	49,489	48,701
Income taxes payable	6,800	3,342
Other accrued liabilities	14,334	17,271
Total current liabilities	199,617	179,966
Deferred tax liabilities	67,818	68,388
Other long-term liabilities	46,234	42,452
Total liabilities	313,669	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; 240,439 shares issued and outstanding (239,654 as of July 3, 2016)	240	240
Additional paid-in capital	2,192,229	2,136,910
Accumulated other comprehensive (loss) income, net of tax	(198)	1,235
Accumulated deficit	(314,459)	(379,210)
Total stockholders' equity	1,877,812	1,759,175
Total liabilities and stockholders' equity	$ 2,191,481	$ 2,049,981