Stock-Based Compensation (Tables)

12 Months Ended

Jun. 27, 2015

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of the impact on the entity's results of operations of recording stock-based compensation by function

The impact on the Company’s results of operations of recording stock-based compensation by function for fiscal 2015, 2014 and 2013 was as follows (in millions):

	Years Ended
	June 27, 2015		June 28, 2014		June 29, 2013
Cost of sales	$	9.3	$	9.9	$	9.3
Research and development	15.3		15.6		13.5
Selling, general and administrative	42.3		38.6		33.5
	$	66.9	$	64.1	$	56.3

Schedule of stock options activities

The following is a summary of stock option activities (amount in millions except per share amounts):

	Options Outstanding
	Number of Shares		Weighted-Average Exercise Price
Balance as of June 30, 2012	8.2		10.02
Exercised	(2.0	)	7.64
Forfeited	(0.2	)	10.86
Canceled	(0.4	)	15.69
Balance as of June 29, 2013	5.6		10.56
Exercised	(1.6	)	7.91
Canceled	(0.5	)	22.24
Balance as of June 28, 2014	3.5		10.13
Exercised	(0.9	)	7.58
Canceled	(0.1	)	14.54
Balance as of June 27, 2015	2.5		10.84

Schedule of significant ranges of outstanding and exercisable options

The following table summarizes significant ranges of outstanding and exercisable options as of June 27, 2015:

	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number of Shares	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)		Number of Shares	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price		Aggregate Intrinsic Value (in millions)
$0.00 - 10.00	816,985	1.9	$	5.19	$	5.6	816,985	1.9	$	5.19	$	5.6
10.01 - 20.00	1,427,879	2.9	11.87		1.7		1,427,879	2.9	11.87		1.7
20.01 - 30.00	262,500	3.8	22.83		—		262,500	3.8	22.83		—
30.01 - 100.00	—	—	—		—		—	—	—		—
	2,507,364	2.7	10.84		$	7.3	2,507,364	2.7	10.84		$	7.3

Schedule of employee stock purchase plan activity

Purchase Date	May 29, 2015		January 30, 2015		July 31, 2014
Shares issued	297,274		500,015		438,931
Fair market value at purchase date	$	12.82	$	12.15	$	11.87

Schedule of changes in nonvested Full Value Awards

A summary of the status of the Company’s non-vested Full Value Awards as of June 27, 2015 and changes during the same period is presented below (amount in millions, except per share amounts):

	Full Value Awards
	Performance Shares		Non-Performance Shares		Total Number of Shares		Weighted-average grant-dated fair value
Non-vested at June 30, 2012	0.5		6.7		7.2		12.37
Awards granted	0.7		5.8		6.5		12.40
Awards vested	(0.1	)	(3.6	)	(3.7	)	11.74
Awards forfeited	(0.1	)	(0.9	)	(1.0	)	12.58
Non-vested at June 29, 2013	1.0		8.0		9.0		12.61
Awards granted	0.6		5.4		6.0		13.42
Awards vested	(0.4	)	(4.1	)	(4.5	)	12.26
Awards forfeited	(0.1	)	(1.0	)	(1.1	)	12.94
Non-vested at June 28, 2014	1.1		8.3		9.4		13.19
Awards granted	0.7		5.3		6.0		11.78
Awards vested	(0.8	)	(4.4	)	(5.2	)	12.96
Awards forfeited	—		(1.4	)	(1.4	)	13.10
Non-vested at June 27, 2015	1.0		7.8		8.8		12.36

Monte Carlo simulation

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of assumptions used to estimate the fair value of awards on the date of grant

	Years Ended
	June 27, 2015		June 28, 2014		June 29, 2013
Volatility of common stock	40.8	%	53.9	%	57.5	%
Average volatility of peer companies	53.4	%	58.6	%	58.3	%
Average correlation coefficient of peer companies	0.2156		0.2920		0.3208
Risk-free interest rate	0.6	%	0.8	%	0.4	%

BSM

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of assumptions used to estimate the fair value of awards on the date of grant

	Employee Stock Purchase Plans
	June 27, 2015		June 28, 2014		June 29, 2013
Expected term (in years)	0.5		0.5		0.5
Expected volatility	37.9	%	39.5	%	53.9	%
Risk-free interest rate	0.1	%	0.1	%	0.1	%