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Financial Statement Details | 12 Months Ended
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Jun. 29, 2014
Financial Statement Details [Abstract] |
Financial Statement Details | Financial Statement Details Accounts Receivable, net The following table summarizes the components of accounts receivable, net (in thousands):
| June 29, 2014 |  | June 30, 2013
Billed trade receivables |  | $255,374 |  |  |  | $220,307 |
Unbilled contract receivables | 1,557 |  |  | 1,171 |
| 256,931 |  |  | 221,478 |
Allowance for sales returns, discounts and other incentives | (29,010 | ) |  | (26,500 | )
Allowance for bad debts | (2,761 | ) |  | (2,471 | )
Accounts receivable, net |  | $225,160 |  |  |  | $192,507 |
The following table summarizes the changes in the Company’s allowance for sales returns, discounts and other incentives (in thousands):
| Fiscal Years Ended
| June 29, 2014 |  | June 30, 2013 |  | June 24, 2012
Balance at beginning of period |  | $26,500 |  |  |  | $20,681 |  |  |  | $19,615 |
Current period claims | (115,568 | ) |  | (84,983 | ) |  | (67,773 | )
Provision for sales returns, discounts and other incentives | 118,078 |  |  | 90,802 |  |  | 68,839 |
Balance at end of period |  | $29,010 |  |  |  | $26,500 |  |  |  | $20,681 |
The following table summarizes the changes in the Company’s allowance for bad debts (in thousands):
| Fiscal Years Ended
| June 29, 2014 |  | June 30, 2013 |  | June 24, 2012
Balance at beginning of period |  | $2,471 |  |  |  | $1,782 |  |  |  | $753 |
Current period provision | 903 |  |  | 801 |  |  | 1,029 |
Write-offs, net of recoveries | (613 | ) |  | (112 | ) |  | — |
Balance at end of period |  | $2,761 |  |  |  | $2,471 |  |  |  | $1,782 |
Inventories The following table summarizes the components of inventories (in thousands):
| June 29, 2014 |  | June 30, 2013
Raw material |  | $95,594 |  |  |  | $62,253 |
Work-in-progress | 92,889 |  |  | 68,146 |
Finished goods | 96,297 |  |  | 66,602 |
Inventories |  | $284,780 |  |  |  | $197,001 |
Property and Equipment, net The following table summarizes the components of property and equipment, net (in thousands):
| June 29, 2014 |  | June 30, 2013
Furniture and fixtures |  | $12,822 |  |  |  | $11,268 |
Land and buildings | 355,044 |  |  | 333,761 |
Machinery and equipment | 1,046,878 |  |  | 924,076 |
Aircraft and vehicles | 16,292 |  |  | 16,250 |
Computer hardware/software | 35,446 |  |  | 32,405 |
Leasehold improvements and other | 18,890 |  |  | 18,566 |
Construction in progress | 85,068 |  |  | 54,447 |
| 1,570,440 |  |  | 1,390,773 |
Accumulated depreciation | (964,727 | ) |  | (847,940 | )
Property and equipment, net |  | $605,713 |  |  |  | $542,833 |
Depreciation of property and equipment totaled $125.3 million, $115.5 million and $110.6 million for the years ended June 29, 2014, June 30, 2013 and June 24, 2012, respectively. During the years ended June 29, 2014, June 30, 2013 and June 24, 2012, the Company recognized approximately $1.3 million, $1.9 million and $2.6 million, respectively, as losses on disposals or impairments of property and equipment. These charges are reflected in Loss on disposal or impairment of long-lived assets in the Consolidated Statements of Income. Other Current Liabilities The following table summarizes the components of other current liabilities (in thousands):
| June 29, 2014 |  | June 30, 2013
Accrued taxes |  | $19,835 |  |  |  | $21,436 |
Accrued professional fees | 5,373 |  |  | 4,493 |
Accrued warranty | 5,842 |  |  | 5,259 |
Accrued other | 7,936 |  |  | 12,060 |
Other current liabilities |  | $38,986 |  |  |  | $43,248 |
Accumulated Other Comprehensive Income, net of taxes The following table summarizes the components of accumulated other comprehensive income, net of taxes (in thousands):
| June 29, 2014 |  | June 30, 2013
Currency translation gain |  | $8,549 |  |  |  | $8,492 |
Net unrealized gain (loss) on available-for-sale securities | 2,856 |  |  | (248 | )
Accumulated other comprehensive income, net of taxes |  | $11,405 |  |  |  | $8,244 |
Non-Operating Income, net The following table summarizes the components of non-operating income, net (in thousands):
| Fiscal Years Ended
| June 29, 2014 |  | June 30, 2013 |  | June 24, 2012
Foreign currency gain, net |  | $45 |  |  |  | $735 |  |  |  | $171 |
Gain on sale of investments, net | 68 |  |  | 111 |  |  | 994 |
Interest income, net | 11,932 |  |  | 7,882 |  |  | 7,457 |
Other, net | 1,250 |  |  | 2,335 |  |  | (233 | )
Non-operating income, net |  | $13,295 |  |  |  | $11,063 |  |  |  | $8,389 |
Reclassifications Out of Accumulated Other Comprehensive Income, net of taxes The following table summarizes the amounts reclassified out of accumulated other comprehensive income (in thousands):
Accumulated Other Comprehensive Income Component |  | Amount Reclassified from Accumulated Other Comprehensive Income |  | Affected Line Item in the Consolidated Statements of Income
|  | Fiscal Years Ended |  |
|  | June 29, 2014 |  | June 30, 2013 |  | June 24, 2012 |  |
Net unrealized gain on available-for-sale securities, net of taxes |  |  | $68 |  |  |  | $107 |  |  |  | $994 |  |  | Non-operating income, net
|  | 68 |  |  | 107 |  |  | 994 |  |  | Income before income taxes
|  | 11 |  |  | 21 |  |  | 68 |  |  | Income tax expense
|  |  | $57 |  |  |  | $86 |  |  |  | $926 |  |  | Net income

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