XML 23 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 25, 2017
Jun. 26, 2016
Jun. 28, 2015
Cash flows from operating activities:      
Net loss $ (98,118) $ (21,536) $ (64,692)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 150,508 159,145 173,323
Stock-based compensation 47,725 58,728 64,299
Excess tax benefit from share-based payment arrangements 2 (12) (1,395)
Impairment of acquisition-related intangibles 0 0 254
Loss on disposal or impairment of long-lived assets 2,521 16,913 47,722
Amortization of premium/discount on investments 5,427 5,314 6,152
(Gain)/loss on equity method investment (7,543) 15,357 22,624
Foreign exchange (gain)/loss on equity method investment (2,644) 2,057 347
Deferred income taxes 74,918 (15,839) (21,346)
Changes in operating assets and liabilities, net of effect of acquisition:      
Accounts receivable, net 16,955 21,800 37,853
Inventories 17,918 (23,269) 3,528
Prepaid expenses and other assets 17,438 8,103 (11,112)
Accounts payable, trade (4,818) (12,090) (44,796)
Accrued salaries and wages and other liabilities (4,389) (11,355) (31,507)
Net cash provided by operating activities 215,900 203,316 181,254
Cash flows from investing activities:      
Purchases of property and equipment (86,928) (120,018) (206,160)
Purchases of patent and licensing rights (12,405) (14,443) (19,491)
Proceeds from sale of property and equipment 1,392 5,296 285
Purchases of short-term investments (200,405) (220,823) (349,802)
Proceeds from maturities of short-term investments 125,922 312,524 419,802
Proceeds from sale of short-term investments 27,174 42,074 219,795
Purchase of other long-term investments 0 0 (80,566)
Purchase of acquired business, net of cash acquired 0 12,513 0
Net cash used in investing activities (145,250) (7,903) (16,137)
Cash flows from financing activities:      
Payment of acquisition-related contingent consideration (2,775) 0 0
Proceeds from long-term debt borrowings 468,000 653,000 695,000
Payments on long-term debt borrowings (483,000) (693,000) (495,000)
Net proceeds from issuance of common stock 17,716 21,682 36,929
Excess tax benefit from share-based payment arrangements (2) 12 1,395
Repurchases of common stock (104,017) (149,553) (549,677)
Net cash used in financing activities (104,078) (167,859) (311,353)
Effects of foreign exchange changes on cash and cash equivalents (129) (1,110) (878)
Net (decrease) increase in cash and cash equivalents (33,557) 26,444 (147,114)
Cash and cash equivalents:      
Beginning of period 166,154 139,710 286,824
End of period 132,597 166,154 139,710
Supplemental disclosure of cash flow information:      
Cash paid for interest 3,588 3,110 1,002
Cash paid for income taxes 8,494 14,722 28,834
Significant non-cash transactions:      
Accrued property and equipment $ 10,173 $ 3,721 $ 24,243