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Stock-Based Compensation (Tables)

12 Months Ended

Jun. 26, 2016

Share-based Compensation [Abstract]

Summary of Option Activity

The following table summarizes option activity as of June 26, 2016 and changes during the fiscal year then ended (numbers of shares in thousands):

	Number of Shares			Weighted Average Exercise price				Weighted Average Remaining Contractual Term		Total Intrinsic Value
Outstanding at June 28, 2015	10,714				$43.10
Granted	2,020			26.16
Exercised	(253	)		25.24
Forfeited or expired	(1,234	)		43.48
Outstanding at June 26, 2016	11,247				$40.42			3.94			$198
Vested and expected to vest at June 26, 2016	11,048				$40.58			3.90			$198
Exercisable at June 26, 2016	6,841				$41.75			2.96			$198

Summary of Stock Options Outstanding and Exercisable

The following table summarizes information about stock options outstanding and exercisable at June 26, 2016 (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		4,636			4.18			$27.71			2,747				$28.77
$30.93 to $43.94		748			1.93		35.83				617			35.89
$43.95 to $45.13		2,427			5.12		45.13				820			45.13
$45.14 to $54.26		241			3.79		48.65				168			48.66
$54.27 to $75.55		3,195			3.22		55.74				2,490			55.94
Total		11,247			3.94			$40.42			6,842				$41.75

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 26, 2016				June 28, 2015				June 29, 2014
Weighted average grant date fair value per share of options		$8.79				$15.27				$19.31
Total intrinsic value of options exercised		$838				$9,418				$67,044

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 26, 2016 and changes during the year then ended is as follows (in thousands, except number of shares and units):

	Number of RSAs/RSUs			Weighted Average Grant-Date Fair Value
Nonvested at June 28, 2015	926				$45.47
Granted	1,214			26.08
Vested	(354	)		44.76
Forfeited	(155	)		40.55
Nonvested at June 26, 2016	1,631				$31.66

Summary of Total Stock-Based Compensation Expense

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

	Fiscal Years Ended
Income Statement Classification:	June 26, 2016				June 28, 2015				June 29, 2014
Cost of revenue, net		$12,394				$12,836				$11,353
Research and development	13,842				16,524				15,392
Sales, general and administrative	32,491				34,941				34,941
Total stock-based compensation expense		$58,727				$64,301				$61,686

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 26, 2016			June 28, 2015			June 29, 2014
Risk-free interest rate	1.18	%		1.17	%		1.16	%
Expected life, in years	3.66			3.54			3.80
Expected volatility	43.3	%		45.2	%		44.5	%
Dividend yield	—			—			—

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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.

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Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

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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.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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