XML 69 R55.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt - Additional Information (Detail)
3 Months Ended 12 Months Ended
Jun. 26, 2017
USD ($)
shares
Jun. 20, 2017
USD ($)
Day
$ / shares
shares
Sep. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
shares
Jun. 24, 2017
USD ($)
shares
Jun. 25, 2016
USD ($)
Mar. 31, 2018
USD ($)
Jul. 31, 2017
USD ($)
Debt Instrument [Line Items]                
Number of shares of common stock repurchase | shares       27,639,876 25,941,476      
Remaining debt issuance costs expensed       $ 1,600,000 $ 1,200,000 $ 1,000,000    
Debt issuance cost       $ 1,100,000 1,200,000 $ 300,000    
Percentage of voting capital stock       65.00%        
Revolving Credit Facility [Member]                
Debt Instrument [Line Items]                
Outstanding principal amount         100,000,000      
0.50% Convertible Senior Notes due 2022 [Member]                
Debt Instrument [Line Items]                
Debt instrument aggregate principal amount             $ 525,000,000  
Credit Agreement [Member]                
Debt Instrument [Line Items]                
Outstanding principal amount         220,000,000      
Credit Agreement [Member] | Revolving Credit Facility [Member]                
Debt Instrument [Line Items]                
Line of credit facility amount         450,000,000     $ 250,000,000
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member]                
Debt Instrument [Line Items]                
Debt amortization period       60 months        
Outstanding principal amount       $ 0        
Line of credit facility amount     $ 200,000,000          
Line of credit facility allowable requests for additional borrowing     100,000,000          
Maturity period       Sep. 27, 2022        
Repayment date, description       The revolving credit facility is required to be repaid in full on the earlier of (i) September 27, 2022, and (ii) the date 91 days prior to the Maturity Date of the Notes if the Notes have not been refinanced in full by such date        
Debt issuance cost       $ 2,300,000        
Description of base rate       The revolving credit facility bears interest at our election of a Base Rate plus an Applicable Margin or LIBOR plus an Applicable Margin. Swingline loans bear interest at a Base Rate plus an Applicable Margin. The Base Rate is a floating rate that is the greater of the Prime Rate, the Federal Funds Rate plus 50 basis points, or LIBOR plus 100 basis points. The Applicable Margin is based on a sliding scale which ranges from 0.25 to 100 basis points for Base Rate loans and 100 basis points to 175 basis points for LIBOR loans.        
Covenant description       Under the Agreement, there are various restrictive covenants, including financial covenants which limit the consolidated total leverage ratio, or leverage ratio, the consolidated interest coverage ratio, or interest coverage ratio, a restriction which places a limit on the amount of capital expenditures that may be made in any fiscal year, a restriction that permits up to $50 million per fiscal quarter of accounts receivable financings, and sets the Specified Leverage Ratio. The leverage ratio is the ratio of debt as of the measurement date to earnings before interest, taxes, depreciation and amortization, or EBITDA, for the four consecutive quarters ending with the quarter of measurement. The current leverage ratio shall not exceed 3.50 to 1.00 provided that for the four fiscal quarters ending after the date of a material acquisition, such maximum leverage ratio shall be adjusted to 3.75 to 1.00, and thereafter, shall not be more than 3.50 to 1.00. The interest coverage ratio is EBITDA to interest expense for the four consecutive quarters ending with the quarter of measurement. The interest coverage ratio must not be less than 3.50 to 1.0 during the term of the Agreement. The Specified Leverage Ratio is the ratio used in determining, among other things, whether we are permitted to make dividends and/or prepay certain indebtedness, at a fixed ratio of 3.00 to 1.00. As of the end of the fiscal year, we were in compliance with the restrictive covenants        
Maximum accounts receivable financings per quarter       $ 50,000,000        
Maximum leverage ratio permitted       3.50%        
Minimum interest coverage ratio       3.50%        
Fixed coverage ratio       3.00%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | For The First Four Fiscal Quarters Ending After Date of Material Acquisition [Member]                
Debt Instrument [Line Items]                
Maximum leverage ratio permitted       3.75%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Thereafter [Member]                
Debt Instrument [Line Items]                
Maximum leverage ratio permitted       3.50%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Federal Funds Rates [Member]                
Debt Instrument [Line Items]                
Basis spread on variable rate       0.50%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | LIBOR [Member]                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.00%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Minimum [Member]                
Debt Instrument [Line Items]                
Commitment fee percentage of unused portion       0.175%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Minimum [Member] | LIBOR [Member]                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.00%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Minimum [Member] | Base Rate [Member]                
Debt Instrument [Line Items]                
Basis spread on variable rate       0.0025%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Maximum [Member]                
Debt Instrument [Line Items]                
Commitment fee percentage of unused portion       0.25%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Maximum [Member] | LIBOR [Member]                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.75%        
Amendment and Restatement Agreement [Member] | Revolving Credit Facility [Member] | Maximum [Member] | Base Rate [Member]                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.00%        
Amendment and Restatement Agreement [Member] | Letter of Credit [Member]                
Debt Instrument [Line Items]                
Line of credit facility amount     20,000,000          
Amendment and Restatement Agreement [Member] | Bridge Loan [Member]                
Debt Instrument [Line Items]                
Line of credit facility amount     20,000,000          
Purchase Agreement [Member] | 0.50% Convertible Senior Notes due 2022 [Member] | Wells Fargo Securities, LLC [Member]                
Debt Instrument [Line Items]                
Debt instrument aggregate principal amount   $ 500,000,000            
Debt instrument additional aggregate principal amount   $ 25,000,000            
Option to purchase additional principal amount of notes granted to initial purchasers, period   30 days            
Net proceeds from issuance of convertible debt $ 514,500,000              
Number of shares of common stock repurchase | shares 1,698,400              
Interest rates on borrowings   0.50%            
Debt instrument maturity date       Jun. 15, 2022        
Conversion of notes in multiples of principal amounts   $ 1,000            
Convertible number of shares, principal amount of notes | shares   13.6947            
Initial conversion price per share of common stock | $ / shares   $ 73.02            
Note repurchase price, percentage of principal amount of notes   100.00%            
Sale price of common stock, minimum threshold percentage   130.00%            
Sale of common stock, threshold trading days | Day   20            
Sale of common stock, threshold consecutive trading days | Day   30            
Equity component of the principal amount of the convertible debt   $ 82,100,000            
Nonconvertible debt borrowing rate   4.39%            
Debt instrument term   5 years            
Debt issuance costs   $ 11,100,000            
Initial purchaser’s discount   10,500,000            
Legal, accounting, and printing costs   579,000            
Convertible debt issuance costs pro rata to equity components   1,900,000            
Convertible debt issuance costs pro rata to debt components   $ 9,200,000            
Debt amortization period   5 years            
Unamortized amounts of debt issuance costs       $ 7,400,000        
Unamortized amounts of debt discount       $ 66,800,000        
Term Loan Arrangement [Member]                
Debt Instrument [Line Items]                
Outstanding principal amount         $ 120,000,000      
Term Loan Arrangement [Member] | Amendment and Restatement Agreement [Member]                
Debt Instrument [Line Items]                
Remaining debt issuance costs expensed     $ 1,000,000