XML 93 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Jun. 24, 2012
Share-based Compensation [Abstract]  
Summary of Outstanding Option Awards
The following table summarizes option activity as of June 24, 2012 and changes during the fiscal year then ended (total and shares in thousands): 

Number of
Shares

Weighted-Average
Exercise price

Weighted Average
Remaining
Contractual Term

Total
Intrinsic Value
Outstanding at June 26, 2011
6,467

 
$
39.56

 

 

Granted
3,139

 
30.56

 

 

Exercised
(217
)
 
23.12

 

 

Forfeited or expired
(589
)
 
40.28

 

 

Outstanding at June 24, 2012
8,800

 
$
36.71

 
4.71
 
$
3,704

Vested and expected to vest at June 24, 2012
8,646

 
$
36.75

 
4.69
 
$
3,697

Exercisable at June 24, 2012
3,760

 
$
34.69

 
3.46
 
$
3,599

Summary of Stock Options Outstanding and Exercisable
The following table summarizes information about stock options outstanding and exercisable at June 24, 2012 (shares in thousands): 
 
Options Outstanding

Options Exercisable
Range of Exercise Price
Number

Weighted Average
Remaining Contractual
Life (Years)

Weighted Average Exercise Price

Number

Weighted Average Exercise Price
$0.01 to $30.33
1,886

 
2.91
 
$
23.46

 
1,659

 
$
23.24

30.34 to 30.92
2,581

 
6.19
 
30.92

 
1

 
30.92

30.93 to 35.89
2,055

 
4.05
 
34.90

 
1,242

 
35.04

35.90 to 53.49
237

 
5.32
 
48.24

 
95

 
48.00

53.50 to 75.55
2,041

 
5.11
 
56.74

 
763

 
57.36

Total
8,800

 
4.71
 
$
36.71

 
3,760

 
$
34.69

Schedule of Other Information Pertaining to Stock-Based Awards of Options
Other information pertaining to the Company's stock option awards is as follows (in thousands, except per share data): 
 
Fiscal Years Ended
 
June 24,
2012
 
June 26,
2011
 
June 27,
2010
Weighted average grant date fair value per share of options
$
11.67

 
$
22.83

 
$
14.58

Total intrinsic value of options exercised
$
1,605

 
$
40,042

 
$
118,162

Summary of Nonvested Shares of Restricted Stock and Stock Unit Awards Outstanding Under the Company's 2004 Long-Term Incentive Compensation Plan
A summary of non-vested shares of restricted stock and stock unit awards (“RSAs” and “RSUs”) outstanding under the Company’s 2004 Long-Term Incentive Compensation Plan as of June 24, 2012 and changes during the year then ended is as follows (in thousands, except per share data): 
 
Number of
Shares/Units
 
Weighted-Average
Grant-Date Fair Value
Nonvested at June 26, 2011
509

 
$
40.87

Granted
238

 
30.69

Vested
(184
)
 
38.63

Forfeited
(46
)
 
36.05

Nonvested at June 24, 2012
517

 
$
37.41

Total Stock-Based Compensation Expense
Total stock-based compensation expense was as follows (in thousands):
 
Fiscal Years Ended
Income Statement Classification:
June 24,
2012
 
June 26,
2011
 
June 27,
2010
Cost of goods sold
$
7,713

 
$
5,454

 
$
3,091

Research and development
10,378

 
8,388

 
5,040

Sales, general and administrative
28,302

 
24,398

 
15,936

Total operating expenses
38,680

 
32,786

 
20,976

Total
$
46,393

 
$
38,240

 
$
24,067

Schedule of Weighted Average Assumptions Utilized to Value Stock Option Grants
The weighted average assumptions used to value stock option grants were as follows:
 
Fiscal Years Ended
Stock Option Grants:
June 24,
2012
 
June 26,
2011
 
June 27,
2010
Risk-free interest rate
0.47
%
 
0.95
%
 
1.76
%
Expected life, in years
3.63

 
3.5

 
3.7

Expected volatility
51.7
%
 
56.7
%
 
48.4
%
Dividend Yield