v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 25, 2011
Income Statement [Abstract]      
Net revenue $ 663,588 $ 548,228 $ 598,538
Cost of revenue 337,784 292,661 352,468
Gross margin 325,804 255,567 246,070
Operating expenses:      
Research and development 144,699 117,954 105,003
Selling, general, and administrative 79,620 70,045 68,549
Acquired intangibles amortization 1,025 0  
Change in contingent consideration 1,347    
Gain on sale of property and equipment (1,578)    
Total operating expenses 225,113 187,999 173,552
Operating income 100,691 67,568 72,518
Interest income 865 922 911
Non-cash interest income 194    
Interest expense (17) (17) (17)
Impairment recovery on investments, net   77 59
Income before provision for income taxes 101,733 68,550 73,471
Provision for income taxes 2,800 14,406 9,675
Net income $ 98,933 $ 54,144 $ 63,796
Net income per share:      
Basic $ 3.03 $ 1.64 $ 1.87
Diluted $ 2.89 $ 1.57 $ 1.80
Shares used in computing net income per share:      
Basic 32,658 33,030 34,042
Diluted 34,239 34,435 35,454