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Stock-Based Compensation (Tables)

12 Months Ended

Jun. 28, 2015

Share-based Compensation [Abstract]

Summary of Option Activity

The following table summarizes option activity as of June 28, 2015 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 29, 2014	8,922				$41.85
Granted	3,446			44.47
Exercised	(740	)		28.52
Forfeited or expired	(914	)		47.79
Outstanding at June 28, 2015	10,714				$43.10			4.46			$1,058
Vested and expected to vest at June 28, 2015	10,495				$43.05			4.43			$1,058
Exercisable at June 28, 2015	5,085				$40.79			3.22			$1,019

Summary of Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at June 28, 2015 (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 $30.92		3,246			3.65			$28.52			2,420				$28.76
$30.93 to $43.94		803			3.03		35.84				551			35.86
$43.95 to $45.13		2,756			6.13		45.13				3			45.13
$45.14 to $54.26		286			4.60		48.68				131			48.82
$54.27 to $75.55		3,623			4.21		55.80				1,980			56.31
Total		10,714			4.46			$43.10			5,085				$40.79

Schedule of Other Information Pertaining to Stock Option Awards

Other information pertaining to the Company’s stock option awards is as follows (in thousands, except per share data):

	Fiscal Years Ended
	June 28, 2015				June 29, 2014				June 30, 2013
Weighted average grant date fair value per share of options		$15.27				$19.31				$12.05
Total intrinsic value of options exercised		$9,418				$67,044				$62,145

Summary of Nonvested Restricted Stock Awards and Restricted Stock Unit Awards Outstanding

A summary of nonvested restricted stock awards (RSAs) and restricted stock unit awards (RSUs) outstanding as of June 28, 2015 and changes during the year then ended is as follows (in thousands, except per share data):

	Number of RSAs/RSUs			Weighted Average Grant-Date Fair Value
Nonvested at June 29, 2014	860				$46.81
Granted	481			43.97
Vested	(351	)		46.28
Forfeited	(64	)		47.77
Nonvested at June 28, 2015	926				$45.47

Summary of Total Stock-Based Compensation Expense

Total stock-based compensation expense was as follows (in thousands):

	Fiscal Years Ended
Income Statement Classification:	June 28, 2015				June 29, 2014				June 30, 2013
Cost of revenue, net		$12,838				$11,353				$9,389
Research and development	16,521				15,392				13,429
Sales, general and administrative	34,940				34,941				31,081
Total stock-based compensation expense		$64,299				$61,686				$53,899

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 28, 2015			June 29, 2014			June 30, 2013
Risk-free interest rate	1.17	%		1.16	%		0.42	%
Expected life, in years	3.54			3.80			3.64
Expected volatility	45.2	%		44.5	%		56.8	%
Dividend yield	—			—			—

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