XML 54 R31.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Share-Based Compensation (Tables) | 12 Months Ended
--- | ---
Jun. 27, 2015
Share-Based Compensation Awards Available for Grant or Issuance | Share-based compensation awards available for grant or issuance for each plan as of the beginning of the fiscal year, including changes in the balance of awards available for grant for fiscal 2015, were as follows:
|  | Awards |  |  |  |  |  |  |  |  |  |  | 2010 |
|  | Available |  |  | 2001 |  |  | 2010 |  |  | Employee |
|  | Under All |  |  | Incentive |  |  | Incentive |  |  | Stock |
|  | Share-Based |  |  | Compensation |  |  | Compensation |  |  | Purchase |
|  | Award Plans |  |  | Plan |  |  | Plan |  |  | Plan |
Balance at June 2014 |  |  | 3,494,327 |  |  |  | — |  |  |  | 3,237,700 |  |  |  | 256,627 |
Additional shares authorized |  |  | 368,638 |  |  |  | — |  |  |  | — |  |  |  | 368,638 |
Stock options granted |  |  | (526,665 | ) |  |  | — |  |  |  | (526,665 | ) |  |  | — |
Deferred stock units granted |  |  | (480,382 | ) |  |  | — |  |  |  | (480,382 | ) |  |  | — |
Market stock units granted |  |  | (70,300 | ) |  |  | — |  |  |  | (70,300 | ) |  |  | — |
Market stock units performance adjustment |  |  | (46,712 | ) |  |  | — |  |  |  | (46,712 | ) |  |  | — |
Purchases under employee stock purchase plan |  |  | (367,646 | ) |  |  | — |  |  |  | — |  |  |  | (367,646 | )
Forfeited |  |  | 189,152 |  |  |  | 281 |  |  |  | 188,871 |  |  |  | — |
Plan shares expired |  |  | (281 | ) |  |  | (281 | ) |  |  | — |  |  |  | — |
Balance at June 2015 |  |  | 2,560,131 |  |  |  | — |  |  |  | 2,302,512 |  |  |  | 257,619 |
Share-Based Compensation and Related Tax Benefit Recognized in Consolidated Statements of Income | Share-based compensation and the related tax benefit recognized in our consolidated statements of income for fiscal 2015, 2014, and 2013 were as follows (in millions):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Cost of revenue |  | $ | 1.4 |  |  | $ | 1.1 |  |  | $ | 0.9 |
Research and development |  |  | 24.5 |  |  |  | 18.5 |  |  |  | 15.8 |
Selling, general, and administrative |  |  | 18.2 |  |  |  | 13.3 |  |  |  | 15.5 |
Total |  | $ | 44.1 |  |  | $ | 32.9 |  |  | $ | 32.2 |
Income tax benefit on share-based compensation |  | $ | 12.5 |  |  | $ | 10.6 |  |  | $ | 9.2 |
Balance of Outstanding and Exercisable Stock Options | Certain stock option activity for fiscal 2015 and balances as of the end of fiscal 2015 were as follows:
|  | Stock |  |  | Weighted |  |  |  |  |
|  | Option |  |  | Average |  |  | Intrinsic |
|  | Awards |  |  | Exercise |  |  | Value |
|  | Outstanding |  |  | Price |  |  | (In millions) |
Balance at June 2014 |  |  | 3,693,375 |  |  | $ | 30.08 |  |  |  |  |
Granted |  |  | 526,665 |  |  |  | 75.89 |  |  |  |  |
Exercised |  |  | (1,264,446 | ) |  |  | 28.62 |  |  |  |  |
Forfeited |  |  | (85,169 | ) |  |  | 51.12 |  |  |  |  |
Balance at June 2015 |  |  | 2,870,425 |  |  |  | 38.50 |  |  | $ | 137.6 |
Exercisable at June 2015 |  |  | 2,013,810 |  |  |  | 28.55 |  |  | $ | 116.3 |
Cash Received and Aggregate Intrinsic Value of Stock Options Exercised | Cash received and the aggregate intrinsic value of stock options exercised for fiscal 2015, 2014, and 2013 were as follows (in millions):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Cash received |  | $ | 36.2 |  |  | $ | 71.7 |  |  | $ | 30.8 |
Aggregate intrinsic value |  | $ | 69.9 |  |  | $ | 79.3 |  |  | $ | 23.6 |
Fair Value of Each Award Granted from Stock Option Plans | The fair value of each award granted under our share-based compensation plans for fiscal 2015, 2014, and 2013 was estimated at the date of grant using the Black-Scholes option pricing model, assuming no expected dividends and the following range of assumptions:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Expected volatility |  | 38.7% - 44.0% |  |  | 40.1% - 44.5% |  |  | 41.8% - 48.9% |
Expected life in years |  | 3.8 - 4.3 |  |  | 3.8 - 4.3 |  |  | 3.5 - 4.6 |
Risk-free interest rate |  | 1.18% - 1.80% |  |  | 1.31% - 1.74% |  |  | 0.62% - 0.72% |
Fair value per award |  | $ | 27.19 |  |  | $ | 18.72 |  |  | $ | 11.40 |
Shares Purchased, Weighted Average Purchase Price, Cash Received, and Aggregate Intrinsic Value for ESPP | Shares purchased, weighted average purchase price, cash received, and the aggregate intrinsic value for employee stock purchase plan purchases in fiscal 2015, 2014, and 2013 were as follows (in millions, except shares purchased and weighted average purchase price):
|  | 2015 |  |  | 2014 |  |  | 2013 |
Shares purchased |  |  | 367,646 |  |  |  | 409,084 |  |  |  | 327,465 |
Weighted average purchase price |  | $ | 35.11 |  |  | $ | 22.07 |  |  | $ | 20.36 |
Cash received |  | $ | 12.9 |  |  | $ | 9.0 |  |  | $ | 6.7 |
Aggregate intrinsic value |  | $ | 13.7 |  |  | $ | 12.8 |  |  | $ | 4.8 |
Fair Value of Each Award Granted under ESPP | The fair value of each award granted under our 2010 ESPP for fiscal 2015, 2014, and 2013 was estimated using the Black-Scholes option pricing model, assuming no expected dividends and the following range of assumptions:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Expected volatility |  | 36.8% - 47.9% |  |  | 43.8% - 49.3% |  |  | 38.6% - 40.2% |
Expected life in years |  | 0.5 - 2.0 |  |  | 0.5 - 1.0 |  |  | 0.5 - 2.0 |
Risk-free interest rate |  | 0.07% - 0.54% |  |  | 0.05% - 0.13% |  |  | 0.12% - 0.24% |
Fair value per award |  | $ | 21.23 |  |  | $ | 15.04 |  |  | $ | 8.31 |
Deferred stock units outstanding [Member] |
Balance and Aggregate Intrinsic Value of Stock Units | DSU activity, including DSUs granted, delivered, and forfeited in fiscal 2015, and the balance and aggregate intrinsic value of DSUs as of the end of fiscal 2015 were as follows:
|  |  |  |  |  | Aggregate |  |  | Weighted |
|  |  |  |  |  | Intrinsic |  |  | Average |
|  | DSU Awards |  |  | Value |  |  | Grant Date |
|  | Outstanding |  |  | (in millions) |  |  | Fair Value |
Balance at June 30, 2014 |  |  | 1,058,243 |  |  |  |  |  |  | $ | 42.62 |
Granted |  |  | 480,382 |  |  |  |  |  |  |  | 71.33 |
Delivered |  |  | (585,808 | ) |  |  |  |  |  |  | 40.71 |
Forfeited |  |  | (92,441 | ) |  |  |  |  |  |  | 52.05 |
Balance at June 30, 2015 |  |  | 860,376 |  |  | $ | 74.3 |  |  |  | 58.94 |
Market stock units outstanding [Member] |
Fair Value of Each Award Granted from Stock Option Plans | The fair value of each MSU granted from our plans for fiscal 2015, 2014, and 2013 was estimated at the date of grant using the Monte Carlo simulation model, assuming no expected dividends and the following assumptions:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Expected volatility of company |  |  | 43.65 | % |  |  | 38.79 | % |  |  | 36.63 | %
Expected volatility of SOX index |  |  | 20.60 | % |  |  | 24.95 | % |  |  | 28.57 | %
Correlation coefficient |  |  | 0.43 |  |  | 0.53 |  |  |  | 0.58 |
Expected life in years |  |  | 2.93 |  |  | 2.92 |  |  |  | 2.87 |
Risk-free interest rate |  |  | 0.79 | % |  |  | 0.57 | % |  |  | 0.31 | %
Fair value per award |  | $ | 66.48 |  |  | $ | 60.62 |  |  | $ | 25.82 |
Balance and Aggregate Intrinsic Value of Stock Units | MSU activity, including MSUs granted, delivered, and forfeited in fiscal 2015, and the balance and aggregate intrinsic value of MSUs as of the end of fiscal 2015 were as follows:
|  |  |  |  |  | Aggregate |  |  | Weighted |
|  |  |  |  |  | Intrinsic |  |  | Average |
|  | MSU Awards |  |  | Value |  |  | Grant Date |
|  | Outstanding |  |  | (in millions) |  |  | Fair Value |
Balance at June 30, 2014 |  |  | 120,330 |  |  |  |  |  |  | $ | 49.17 |
Granted |  |  | 70,300 |  |  |  |  |  |  |  | 66.48 |
Performance adjustment |  |  | 46,712 |  |  |  |  |  |  |  | — |
Delivered |  |  | (93,424 | ) |  |  |  |  |  |  | 45.87 |
Forfeited |  |  | (11,542 | ) |  |  |  |  |  |  | 55.77 |
Balance at June 30, 2015 |  |  | 132,376 |  |  | $ | 11.4 |  |  |  | 58.95 |

X
- Definition Share based compensation awards available for grant or issuance. + References No definition available. + Details
Name: | syna_ShareBasedCompensationAwardsAvailableForGrantOrIssuanceTableTextBlock
Namespace Prefix: | syna_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of cash proceeds received from the exercise of stock options and similar instruments granted under share-based payment arrangements and the tax benefit realized from stock options exercised during the period. Disclosure may also include the intrinsic value of stock options exercised during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (j) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCashProceedsReceivedFromShareBasedPaymentAwardsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value. + References No definition available. + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of employee stock purchase plan activity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (g) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of employee stock purchase plans, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=syna_DeferredStockUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=syna_MarketStockUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |