Wolfspeed (WOLF) 10-K 27 Aug 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 28, 2015	Aug. 24, 2015	Dec. 26, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	CREE INC
Entity Central Index Key	895,419
Current Fiscal Year End Date	--06-28
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Jun. 28, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		103,294,027
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 3,523,203,743

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Current assets:
Cash and cash equivalents	$ 139,710	$ 286,824
Short-term investments	573,481	875,642
Total cash, cash equivalents and short-term investments	713,191	1,162,466
Accounts receivable, net	186,157	225,160
Inventories	280,576	284,780
Deferred income taxes	39,190	29,414
Prepaid Expense, Current	29,932	22,795
Other current assets	54,851	49,276
Assets held for sale	4,353	0
Total current assets	1,308,250	1,773,891
Property and equipment, net	635,072	605,713
Goodwill	616,345	616,345
Intangible assets, net	317,154	336,423
Other long-term investments	57,595	0
Other assets	19,984	11,997
Total assets	2,954,400	3,344,369
Current liabilities:
Accounts payable, trade	163,128	202,294
Accrued salaries and wages	45,415	50,527
Income taxes payable	2,035	14,848
Other current liabilities	44,208	38,986
Total current liabilities	254,786	306,655
Long-term liabilities:
Long-term debt	200,000	0
Deferred income taxes	12,174	12,173
Other long-term liabilities	21,084	35,395
Total long-term liabilities	$ 233,258	$ 47,568
Commitments and contingencies (Note 12)
Shareholders’ equity:
Preferred stock, par value $0.01; 3,000 shares authorized at June 28, 2015 and June 29, 2014; none issued and outstanding	$ 0	$ 0
Common stock, par value $0.00125; 200,000 shares authorized at June 28, 2015 and June 29, 2014; 105,507 and 120,114 shares issued and outstanding at June 28, 2015 and June 29, 2014, respectively	131	149
Additional paid-in-capital	2,285,554	2,190,011
Accumulated other comprehensive income, net of taxes	5,798	11,405
Retained earnings	174,873	788,581
Total shareholders’ equity	2,466,356	2,990,146
Total liabilities and shareholders’ equity	$ 2,954,400	$ 3,344,369

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Jun. 28, 2015	Jun. 29, 2014
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	3,000	3,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.00125	$ 0.00125
Common stock, shares authorized	200,000	200,000
Common stock, shares issued	105,507	120,114
Common stock, shares outstanding	105,507	120,114

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Income Statement [Abstract]
Revenue, net	$ 1,632,505	$ 1,647,641	$ 1,385,982
Cost of revenue, net	1,157,549	1,028,846	862,722
Gross profit	474,956	618,795	523,260
Operating expenses:
Research and development	182,797	181,382	155,889
Sales, general and administrative	290,730	268,460	236,581
Amortization or impairment of acquisition-related intangibles	26,220	31,988	30,823
Loss on disposal or impairment of long-lived assets	47,722	2,690	3,473
Total operating expenses	547,469	484,520	426,766
Operating (loss) income	(72,513)	134,275	96,494
Non-operating (loss) income, net	(10,389)	13,295	11,063
(Loss) income before income taxes	(82,902)	147,570	107,557
Income tax (benefit) expense	(18,851)	23,379	20,632
Net (loss) income	$ (64,051)	$ 124,191	$ 86,925
(Loss) earnings per share:
Basic	$ (0.57)	$ 1.03	$ 0.75
Diluted	$ (0.57)	$ 1.01	$ 0.74
Weighted average shares used in per share calculation:
Basic	113,022	120,623	116,621
Diluted	113,022	122,914	117,979

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ (64,051)	$ 124,191	$ 86,925
Currency translation (loss) gain, net of tax benefit of $0, $0 and $36, respectively	(3,563)	57	(53)
Net unrealized (loss) gain on available-for-sale securities, net of tax benefit (expense) of $1,284, ($1,946) and $1,724, respectively	(2,044)	3,104	(2,836)
Other comprehensive (loss) income	(5,607)	3,161	(2,889)
Comprehensive (loss) income	$ (69,658)	$ 127,352	$ 84,036

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Statement of Comprehensive Income [Abstract]
Tax benefit on currency translation gain (loss)	$ 0	$ 0	$ 36
Tax (expense) benefit on net unrealized gain (loss) on available-for-sale securities	$ 1,284	$ (1,946)	$ 1,724

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Cash flows from operating activities:
Net income (loss)	$ (64,051)	$ 124,191	$ 86,925
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	172,286	162,971	153,301
Stock-based compensation	64,299	61,686	53,899
Excess tax benefit from share-based payment arrangements	(1,395)	(19,235)	(11,390)
Impairment of acquisition-related intangibles	254	3,200	0
Loss on disposal or impairment of long-lived assets	47,722	2,690	3,473
Amortization of premium/discount on investments	6,152	10,158	9,503
Loss on equity method investment	22,624	0	0
Foreign exchange loss on equity method investment	347	0	0
Deferred income taxes	(20,950)	2,709	245
Changes in operating assets and liabilities, net of effect of acquisition:
Accounts receivable, net	37,853	(32,651)	(40,430)
Inventories	3,528	(87,012)	(8,406)
Prepaid expenses and other assets	(11,112)	7,926	(25,595)
Accounts payable, trade	(44,796)	66,297	41,800
Accrued salaries and wages and other liabilities	(31,507)	16,378	21,909
Net cash provided by operating activities	181,254	319,308	285,234
Cash flows from investing activities:
Purchases of property and equipment	(206,160)	(178,557)	(77,468)
Purchases of short-term investments	(349,802)	(625,820)	(724,467)
Proceeds from maturities of short-term investments	419,802	493,288	392,878
Proceeds from sale of property and equipment	285	117	301
Proceeds from sale of short-term investments	219,795	88,890	49,307
Purchases of patent and licensing rights	(19,491)	(20,183)	(20,858)
Purchase of other long-term investments	(80,566)	0	0
Net cash used in investing activities	(16,137)	(242,265)	(380,307)
Cash flows from financing activities:
Proceeds from long-term debt borrowings	695,000	0	0
Payments on long-term debt borrowings	(495,000)	0	0
Net proceeds from issuance of common stock	36,929	100,006	96,229
Excess tax benefit from share-based payment arrangements	1,395	19,235	11,390
Repurchases of common stock	(549,677)	(99,699)	(1,667)
Net cash (used in) provided by financing activities	(311,353)	19,542	105,952
Effects of foreign exchange changes on cash and cash equivalents	(878)	170	305
Net (decrease) increase in cash and cash equivalents	(147,114)	96,755	11,184
Cash and cash equivalents:
Beginning of period	286,824	190,069	178,885
End of period	139,710	286,824	190,069
Supplemental disclosure of cash flow information:
Cash paid for interest	1,002	0	0
Cash paid for income taxes	28,834	10,292	24,747
Significant non-cash transactions:
Accrued property and equipment	$ 24,243	$ 15,700	$ 3,945

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Common stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]
Balance at Jun. 24, 2012	$ 2,560,017	$ 144	$ 1,861,502	$ 687,238	$ 11,133
Balance (in shares) at Jun. 24, 2012		115,906
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	86,925
Currency translation (loss) gain, net of tax benefit	(53)				(53)
Unrealized (loss) gain on available-for-sale securities, net of tax benefit (expense)	(2,836)				(2,836)
Comprehensive (loss) income	84,036
Income tax benefit from stock option exercises	4,028		4,028
Repurchased shares	(1,667)	$ 0	0	(1,667)
Repurchased shares (in shares)		(41)
Stock-based compensation	55,074		55,074
Exercise of stock options and issuance of shares	105,164	$ 4	105,160
Exercise of stock options and issuance of shares (in shares)		3,758
Balance at Jun. 30, 2013	2,806,652	$ 148	2,025,764	772,496	8,244
Balance (in shares) at Jun. 30, 2013		119,623
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	124,191
Currency translation (loss) gain, net of tax benefit	57				57
Unrealized (loss) gain on available-for-sale securities, net of tax benefit (expense)	3,104				3,104
Comprehensive (loss) income	127,352
Income tax benefit from stock option exercises	8,198		8,198
Repurchased shares	(108,109)	$ (3)	0	(108,106)
Repurchased shares (in shares)		(2,259)
Stock-based compensation	62,415		62,415
Exercise of stock options and issuance of shares	93,638	$ 4	93,634
Exercise of stock options and issuance of shares (in shares)		2,750
Balance at Jun. 29, 2014	$ 2,990,146	$ 149	2,190,011	788,581	11,405
Balance (in shares) at Jun. 29, 2014	120,114	120,114
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ (64,051)
Currency translation (loss) gain, net of tax benefit	(3,563)				(3,563)
Unrealized (loss) gain on available-for-sale securities, net of tax benefit (expense)	(2,044)				(2,044)
Comprehensive (loss) income	(69,658)
Income tax benefit from stock option exercises	(1,010)		(1,010)
Repurchased shares	$ (549,677)	$ (20)	0	(549,657)
Repurchased shares (in shares)	(16,000)	(16,034)
Stock-based compensation	$ 64,720		64,720
Exercise of stock options and issuance of shares	31,835	$ 2	31,833
Exercise of stock options and issuance of shares (in shares)		1,427
Balance at Jun. 28, 2015	$ 2,466,356	$ 131	$ 2,285,554	$ 174,873	$ 5,798
Balance (in shares) at Jun. 28, 2015	105,507	105,507

Consolidated Statements of Sha9

Consolidated Statements of Shareholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Statement of Stockholders' Equity [Abstract]
Tax benefit on currency translation gain (loss)	$ 0	$ 0	$ 36
Tax (expense) benefit on net unrealized gain (loss) on available-for-sale securities	$ 1,284	$ (1,946)	$ 1,724

Business

Business	12 Months Ended
	Jun. 28, 2015
Business
Business	Business Cree, Inc. (the Company) is a leading innovator of lighting-class light emitting diode (LED) products, lighting products and semiconductor products for power and radio-frequency (RF) applications. The Company’s products are targeted for applications such as indoor and outdoor lighting, video displays, transportation, electronic signs and signals, power supplies, inverters and wireless systems. The Company’s lighting products primarily consist of LED lighting systems and bulbs. The Company designs, manufactures and sells lighting fixtures and lamps for the commercial, industrial and consumer markets. The Company’s LED products consist of LED components, LED chips, and silicon carbide (SiC) materials. The Company’s success in selling LED products depends upon its ability to offer innovative products and to enable its customers to develop and market LED-based products that successfully compete against other LED-based products and drive LED adoption against traditional lighting products. In addition, the Company develops, manufactures and sells power and RF devices based on wide bandgap semiconductor materials such as SiC and gallium nitride (GaN). The Company's power products are made from SiC and provide increased efficiency, faster switching speeds and reduced system size and weight over comparable silicon-based power devices. The Company's RF devices are made from GaN and provide improved efficiency, bandwidth and frequency of operation as compared to silicon or gallium arsenide (GaAs). The majority of the Company’s products are manufactured at its production facilities located in North Carolina, Wisconsin, and China. The Company also uses contract manufacturers for certain aspects of product fabrication, assembly and packaging. The Company operates research and development facilities in North Carolina, California, Wisconsin, India and China (including Hong Kong). Cree, Inc. is a North Carolina corporation established in 1987 and is headquartered in Durham, North Carolina. The Company's three reportable segments are: • Lighting Products • LED Products • Power and RF Products For financial results by reportable segment, please refer to Note 13, “Reportable Segments.”

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Jun. 28, 2015
Basis of Presentation and Changes in Significant Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of the Company, and its wholly owned subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. Fiscal Year The Company’s fiscal year is a 52 or 53 -week period ending on the last Sunday in the month of June. The Company’s 2015 and 2014 fiscal years were 52 -week fiscal years and the 2013 fiscal year was a 53 -week fiscal year. The Company’s 2016 fiscal year will be a 52 -week fiscal year. Reclassifications Certain prior period amounts in the accompanying consolidated financial statements have been reclassified to conform to the current year presentation. These reclassifications had no effect on previously reported net income or shareholders’ equity. Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and the disclosure of contingent assets and liabilities. The Company evaluates its estimates on an ongoing basis, including those related to revenue recognition, product warranty obligations, valuation of inventories, tax related contingencies, valuation of stock-based compensation, valuation of long-lived and intangible assets, other contingencies and litigation, among others. The Company generally bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates. Segment Information U.S. GAAP requires segmentation based on an entity’s internal organization and reporting of revenue and operating income based upon internal accounting methods commonly referred to as the “management approach.” Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (CODM), or decision making group, in deciding how to allocate resources and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it currently has three operating and reportable segments. Cash and Cash Equivalents Cash and cash equivalents consist of unrestricted cash accounts and highly liquid investments with an original maturity of three months or less when purchased. Cash and cash equivalents are stated at cost, which approximates fair value. The Company holds cash and cash equivalents at several major financial institutions, which often exceed insurance limits set by the Federal Deposit Insurance Corporation (FDIC). The Company has not historically experienced any losses due to such concentration of credit risk. Investments Investments in certain securities may be classified into three categories: • Held-to-Maturity – Debt securities that the entity has the positive intent and ability to hold to maturity, which are reported at amortized cost. • Trading – Debt and equity securities that are bought and held principally for the purpose of selling in the near term, which are reported at fair value, with unrealized gains and losses included in earnings. • Available-for-Sale – Debt and equity securities not classified as either held-to-maturity or trading securities, which are reported at fair value with unrealized gains or losses excluded from earnings and reported as a separate component of shareholders’ equity. The Company reassesses the appropriateness of the classification (i.e. held-to-maturity, trading or available-for-sale) of its investments at the end of each reporting period. When the fair value of an investment declines below its original cost, the Company considers all available evidence to evaluate whether the decline is other-than-temporary. Among other things, the Company considers the duration and extent of the decline and economic factors influencing the capital markets. For the fiscal years ended June 28, 2015 , June 29, 2014 , and June 30, 2013 , the Company had no other-than-temporary declines below the cost basis of its investments. The Company utilizes specific identification in computing realized gains and losses on the sale of investments. Realized gains and losses on the sale of investments are reported in other income and expense. Investments in marketable securities with maturities beyond one year may be classified as short-term based on their highly liquid nature and because such marketable securities represent the investment of cash that is available for current operations. Other long-term investments consist of the Company's approximately 13% common stock ownership interest in Lextar Electronics Corporation (Lextar), which the Company acquired in December 2014. This investment is accounted for under the equity method utilizing the fair value option. The Company has determined that for its fiscal year ended June 28, 2015, Lextar has met the conditions of a significant subsidiary under Rule 1-02(w) of Regulation S-X for which the Company is required, pursuant to Rule 3-09 of Regulation S-X, to file separate financial statements as an exhibit to its Annual Report on Form 10-K. As such, separate financial statements for Lextar , prepared by Lextar and audited by its independent public accounting firm, are filed as Exhibit 99.1 to the Company's Annual Report. Inventories Inventories are stated at lower of cost or market, with cost determined on a first-in, first-out (FIFO) method or an average cost method; and with market not to exceed net realizable value. The Company writes down its inventory balances for estimates of excess and obsolete amounts. These write-downs are recognized as a component of cost of revenue. At the point of the write-down, a new lower-cost basis for that inventory is established, and any subsequent improvements in facts and circumstances do not result in the restoration or increase in that newly established lower-cost basis. The Company recognized charges for write-downs in inventories of $15.2 million , $5.2 million and $12.5 million , for fiscal 2015 , 2014 and 2013 , respectively. Property and Equipment Property and equipment are stated at cost and depreciated on a straight-line basis over the assets’ estimated useful lives. Leasehold improvements are amortized over the lesser of the asset life or the life of the related lease. In general, the Company’s policy for useful lives is as follows: Machinery and equipment 3 to 15 years Buildings and building improvements 5 to 40 years Furniture and fixtures 3 to 5 years Aircraft and vehicles 5 to 20 years Leasehold improvements Shorter of estimated useful life or lease term Expenditures for repairs and maintenance are charged to expense as incurred. The costs for major renewals and improvements are capitalized and depreciated over their estimated useful lives. The cost and related accumulated depreciation of the assets are removed from the accounts upon disposition and any resulting gain or loss is reflected in operating income. Shipping and Handling Costs Shipping and handling costs are included in Cost of revenue, net in the Consolidated Statements of (Loss) Income and are recognized as a period expense during the period in which they are incurred. Goodwill and Intangible Assets The Company recognizes the assets acquired and liabilities assumed in business combinations at their respective fair values at the date of acquisition, with any excess purchase price recognized as goodwill. Valuation of intangible assets entails significant estimates and assumptions including, but not limited to, estimating future cash flows from product revenue, developing appropriate discount rates, continuation of customer relationships and renewal of customer contracts, and approximating the useful lives of the intangible assets acquired. Goodwill The Company recognizes goodwill as an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. The Company tests goodwill for impairment at least annually as of the first day of the fiscal fourth quarter, or when indications of potential impairment exist. The Company monitors for the existence of potential impairment indicators throughout the fiscal year. The Company conducts impairment testing for goodwill at the reporting unit level. Reporting units may be operating segments as a whole or an operation one level below an operating segment, referred to as a component. The Company has determined that its reporting units are its three operating and reportable segments. The Company may initiate goodwill impairment testing by considering qualitative factors to determine whether it is more likely than not that a reporting unit’s carrying value is greater than its fair value. Such factors may include the following, among others: a significant decline in the reporting unit ’ s expected future cash flows; a sustained, significant decline in the Company ’ s stock price and market capitalization; a significant adverse change in legal factors or in the business climate; unanticipated competition; and slower growth rates; as well as changes in management, key personnel, strategy and customers . If the Company’s qualitative assessment indicates that goodwill impairment is more likely than not, the Company performs the two-step goodwill impairment test. Alternatively, the Company may bypass the qualitative test and initiate goodwill impairment testing with the first step of the two-step goodwill impairment test. During the first step of the goodwill impairment test, the Company compares the fair value of the reporting unit to its carrying value, including goodwill. The Company derives a reporting unit ’ s fair value through a combination of the market approach (a guideline transaction method) and the income approach (a discounted cash flow analysis). The income approach utilizes a discount rate from the capital asset pricing model. If all reporting units are analyzed during the first step of the goodwill impairment test, their respective fair values are reconciled back to the Company ’ s consolidated market capitalization. If the fair value of a reporting unit exceeds its carrying value, then the Company concludes that no goodwill impairment has occurred. If the carrying value of the reporting unit exceeds its fair value, the Company performs the second step of the goodwill impairment test to measure possible goodwill impairment loss. During the second step, the Company hypothetically values the reporting unit ’ s tangible and intangible assets and liabilities as if the reporting unit had been acquired in a business combination. Then, the implied fair value of the reporting unit ’ s goodwill is compared to the carrying value of its goodwill. If the carrying value of the reporting unit ’ s goodwill exceeds the implied fair value of the goodwill, the Company recognizes an impairment loss in an amount equal to the excess, not to exceed the carrying value of the reporting unit ’ s goodwill. Once an impairment loss is recognized, the adjusted carrying value of the goodwill becomes the new accounting basis of the goodwill for the reporting unit. Indefinite-Lived Intangible Assets The Company ’ s indefinite-lived intangible assets are tested for impairment at least annually in the fiscal fourth quarter or when indications of potential impairment exist. The Company monitors for the existence of potential impairment indicators throughout the fiscal year. The Company ’ s impairment test may begin with a qualitative test to determine whether it is more likely than not that an indefinite-lived intangible asset ’ s carrying value is greater than its fair value. In performing this test, the Company may consider the following qualitative factors, among others: a significant decline in expected future cash flows; changes in industry and market conditions such as the deterioration in the environment in which the Company operates or an increased competitive environment; changes in management, key personnel, strategy, or customers; as well as other economic factors. If the Company’s qualitative assessment indicates that asset impairment is more likely than not, the Company performs a quantitative impairment test by comparing the fair value of the indefinite-lived intangible asset to its carrying value. Alternatively, the Company may bypass the qualitative test and initiate impairment testing with the quantitative impairment test. Determining the fair value of indefinite-lived intangible assets entails significant estimates and assumptions including, but not limited to, determining the timing and expected costs to complete development projects, estimating future cash flows from product revenue, developing appropriate discount rates, estimating probability rates for the successful completion of development projects, continuation of customer relationships and renewal of customer contracts, and approximating the useful lives of the intangible assets acquired. If the fair value of the indefinite-lived intangible asset exceeds its carrying value, then the Company concludes that no impairment has occurred. If the carrying value of the indefinite-lived intangible asset exceeds its fair value, the Company recognizes an impairment loss in an amount equal to the excess, not to exceed the carrying value. Once an impairment loss is recognized, the adjusted carrying value becomes the new accounting basis of the indefinite-lived intangible asset. Finite-Lived Intangible Assets U.S. GAAP requires that intangible assets, other than goodwill and indefinite-lived intangibles, must be amortized over their useful lives. The Company is currently amortizing its acquired intangible assets with finite lives over periods ranging from one to 20 years . Patent rights reflect costs incurred by the Company in applying for and maintaining patents owned by the Company and costs incurred in purchasing patents and related rights from third parties. Licensing rights reflect costs incurred by the Company in acquiring licenses under patents owned by others. The Company amortizes both on a straight-line basis over the expected useful life of the associated patent rights, which is generally the lesser of 20 years from the date of the patent application or the license period. Royalties payable under licenses for patents owned by others are generally expensed as incurred. The Company reviews its capitalized patent portfolio and recognizes impairment charges when circumstances warrant, such as when patents have been abandoned or are no longer being pursued. Long-Lived Assets The Company reviews long-lived assets such as property and equipment for impairment based on changes in circumstances that indicate their carrying amounts may not be recoverable. In making these determinations, the Company uses certain assumptions, including but not limited to: (1) estimations of the fair market value of the assets and (2) estimations of future cash flows expected to be generated by these assets, which are based on additional assumptions such as asset utilization, length of service the asset will be used in the Company’s operations and estimated salvage values. Contingent Liabilities The Company recognizes contingent liabilities when it is probable that an asset has been impaired or a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Disclosure in the notes to the financial statements is required for loss contingencies that do not meet both these conditions if there is a reasonable possibility that a loss may have been incurred. See Note 12, “Commitments and Contingencies,” for a discussion of loss contingencies in connection with pending and threatened litigation. The Company expenses as incurred the costs of defending legal claims against the Company. Revenue Recognition The Company recognizes product revenue when the earnings process is complete, as evidenced by persuasive evidence of an arrangement (typically in the form of a purchase order), when the sales price is fixed or determinable, collection of revenue is reasonably assured, and title and risk of loss have passed to the customer. The Company provides its customers with limited rights of return for non-conforming shipments and product warranty claims. The Company estimates an allowance for anticipated sales returns based upon an analysis of historical sales returns and other relevant data. The Company recognizes an allowance for non-conforming returns at the time of sale as a reduction of product revenue and as a reduction to the related accounts receivable balance. The Company recognizes a liability for product warranty claims at the time of sale as an increase to cost of revenue. A substantial portion of the Company’s products are sold through distributors. Distributors stock inventory and sell the Company’s products to their own customer base, which may include: value added resellers; manufacturers who incorporate the Company’s products into their own manufactured goods; or ultimate end users of the Company’s products. The Company recognizes revenue upon shipment of its products to its distributors. This arrangement is often referred to as a “sell-in” or “point-of-purchase” model as opposed to a “sell-through” or “point-of-sale” model, where revenue is deferred and not recognized until the distributor sells the product through to their customer. Certain of the Company’s distributors are provided limited rights that allow them to return a portion of inventory (product exchange rights or stock rotation rights) and receive credits for changes in selling prices (price protection rights) or customer pricing arrangements under the Company’s “ship and debit” program or other targeted sales incentives. These estimates are calculated based upon historical experience, product shipment analysis, current economic conditions, on-hand inventory at the distributor, and customer contractual arrangements. The Company believes that it can reasonably and reliably estimate the allowance for distributor credits at the time of sale. Accordingly, estimates for these rights are recognized at the time of sale as a reduction of product revenue and as a reduction to the related accounts receivable balance. From time to time, the Company will issue a new price book for its products, and provide a credit to certain distributors for inventory quantities on hand if required by the Company’s agreement with the distributor. This practice is known as price protection. These credits are applied against the reserve that the Company establishes upon initial shipment of product to the distributor. Under the ship and debit program, products are sold to distributors at negotiated prices and the distributors are required to pay for the products purchased within the Company’s standard commercial terms. Subsequent to the initial product purchase, a distributor may request a price allowance for a particular part number(s) for certain target customers, prior to the distributor reselling the particular part to that customer. If the Company approves an allowance and the distributor resells the product to the target customer, the Company credits the distributor according to the allowance the Company approved. These credits are applied against the reserve that the Company establishes upon initial shipment of product to the distributor. In addition, the Company runs sales incentive programs with certain distributors and retailers, such as product rebates and cooperative advertising campaigns. The Company recognizes these incentives at the time they are offered to customers and records a credit to their account with an offsetting expense as either a reduction to revenue, increase to cost of revenue, or marketing expense depending on the type of sales incentive. From time to time, the Company may enter into licensing arrangements related to its intellectual property. Revenue from licensing arrangements is recognized when earned and estimable. The timing of revenue recognition is dependent on the terms of each license agreement. Generally, the Company will recognize non-refundable upfront licensing fees related to patent licenses immediately upon receipt of the funds if the Company has no significant future obligations to perform under the arrangement. However, the Company will defer recognition for licensing fees where the Company has significant future performance requirements, the fee is not fixed (such as royalties earned as a percentage of future revenue), or the fees are otherwise contingent. Accounts Receivable For product revenue, the Company typically invoices its customers at the time of shipment for the sales order value of products shipped. Accounts receivable are recognized at the invoiced amount and are not subject to any interest or finance charges. The Company does not have any off-balance sheet credit exposure related to any of its customers. Allowance for Doubtful Accounts The Company evaluates the collectability of accounts receivable based on a combination of factors. In cases where the Company becomes aware of circumstances that may impair a specific customer’s ability to meet its financial obligations subsequent to the original sale, the Company will recognize an allowance against amounts due, and thereby reduce the net recognized receivable to the amount the Company reasonably believes will be collected. For all other customers, the Company recognizes an allowance for doubtful accounts based on the length of time the receivables are past due and consideration of other factors such as industry conditions, the current business environment and the Company’s historical experience. Advertising The Company expenses the costs of producing advertisements at the time production occurs and expenses the cost of communicating the advertising in the period in which the advertising is used. Advertising costs are included in Sales, general and administrative expenses in the Consolidated Statements of (Loss) Income and amounted to approximately $25.6 million , $26.6 million , and $18.2 million for the years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , respectively. Research and Development Research and development activities are expensed when incurred. (Loss) Earnings Per Share Basic (loss) earnings per share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding for the applicable period. Diluted (loss) earnings per share is determined in the same manner as basic (loss) earnings per share except that the number of shares is increased to assume exercise of potentially dilutive stock options, nonvested restricted stock and contingently issuable shares using the treasury stock method, unless the effect of such increases would be anti-dilutive. Under the treasury stock method, the amount the employee must pay for exercising stock options, the amount of compensation cost for future service that the Company has not yet recognized, and the amount of tax benefits that would be recognized in additional paid-in capital when the award becomes deductible are assumed to be used to repurchase shares. Stock-Based Compensation The Company recognizes compensation expense for all share-based payments granted based on the fair value of the shares on the date of grant. Compensation expense is then recognized over the award’s vesting period. Fair Value of Financial Instruments Cash and cash equivalents, short-term investments, accounts and interest receivable, accounts payable and other liabilities approximate their fair values at June 28, 2015 and June 29, 2014 due to the short-term nature of these instruments. Taxes Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets are recognized for deductible temporary differences, along with net operating loss carryforwards and credit carryforwards, if it is more likely than not that the tax benefits will be realized. To the extent a deferred tax asset cannot be recognized under the preceding criteria, allowances are established. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Taxes payable which are not based on income are accrued ratably over the period to which they apply. For example, payroll taxes are accrued each period end based upon the amount of payroll taxes that are owed as of that date; whereas taxes such as property taxes and franchise taxes are accrued over the fiscal year to which they apply if paid at the end of a period, or they are amortized ratably over the fiscal year if they are paid in advance. Sales Taxes The Company presents sales taxes collected from customers and remitted to governmental authorities on a net basis (i.e. excluded from revenue and expenses). Foreign Currency Translation Foreign currency translation adjustments are recognized in Other comprehensive (loss) income in the Consolidated Statements of Comprehensive (Loss) Income for changes between the foreign subsidiaries’ functional currency and the United States (U.S.) dollar. Foreign currency translation gains and losses are included in the Company’s equity account balance of Accumulated other comprehensive income, net of taxes in the Consolidated Balance Sheets until such time that the subsidiaries are either sold or substantially liquidated. Because the Company and its subsidiaries transact business in currencies other than the U.S. Dollar, the Company will continue to experience varying amounts of foreign currency exchange gains and losses for subsidiaries with U.S. dollar functional currency. Recently Issued Accounting Pronouncements Revenue from Contracts with Customers In May 2014, the FASB issued Accounting Standards Update (ASU) No. 2014-09: Revenue from Contracts with Customers (Topic 606). The ASU establishes a principles-based approach for accounting for revenue arising from contracts with customers and supersedes existing revenue recognition guidance. The ASU provides that an entity should apply a five-step approach for recognizing revenue, including (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, the entity satisfies a performance obligation. Also, the entity must provide various disclosures concerning the nature, amount and timing of revenue and cash flows arising from contracts with customers. The effective date will be the first quarter of the Company's fiscal year ending June 30, 2019, using one of two retrospective application methods. The Company is currently analyzing the impact of this new accounting guidance.

Financial Statement Details

Financial Statement Details	12 Months Ended
	Jun. 28, 2015
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 28, June 29, Billed trade receivables $246,969 $255,374 Unbilled contract receivables 2,223 1,557 249,192 256,931 Allowance for sales returns, discounts and other incentives (58,094 ) (29,010 ) Allowance for bad debts (4,941 ) (2,761 ) Accounts receivable, net $186,157 $225,160 The following table summarizes the changes in the Company’s allowance for sales returns, discounts and other incentives (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $29,010 $26,500 $20,681 Current period claims (148,715 ) (115,568 ) (84,983 ) Provision for sales returns, discounts and other incentives 177,799 118,078 90,802 Balance at end of period $58,094 $29,010 $26,500 The following table summarizes the changes in the Company’s allowance for bad debts (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $2,761 $2,471 $1,782 Current period provision 2,184 903 801 Write-offs, net of recoveries (4 ) (613 ) (112 ) Balance at end of period $4,941 $2,761 $2,471 Inventories The following table summarizes the components of inventories (in thousands): June 28, June 29, Raw material $86,331 $95,594 Work-in-progress 93,424 92,889 Finished goods 100,821 96,297 Inventories $280,576 $284,780 Property and Equipment, net The following table summarizes the components of property and equipment, net (in thousands): June 28, June 29, Furniture and fixtures $12,525 $12,822 Land and buildings 367,519 355,044 Machinery and equipment 1,060,599 1,046,878 Aircraft and vehicles 10,489 16,292 Computer hardware/software 38,366 35,446 Leasehold improvements and other 6,698 18,890 Construction in progress 178,757 85,068 1,674,953 1,570,440 Accumulated depreciation (1,039,881 ) (964,727 ) Property and equipment, net $635,072 $605,713 Depreciation of property and equipment totaled $136.3 million , $125.3 million and $115.5 million for the years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , respectively. During the years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , the Company recognized approximately $44.3 million , $1.3 million and $1.9 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 (Loss) Income. Other Current Liabilities The following table summarizes the components of other current liabilities (in thousands): June 28, June 29, Accrued taxes $13,935 $19,835 Accrued professional fees 10,180 5,373 Accrued warranty 13,006 5,842 Accrued other 7,087 7,936 Other current liabilities $44,208 $38,986 Accumulated Other Comprehensive Income, net of taxes The following table summarizes the components of accumulated other comprehensive income, net of taxes (in thousands): June 28, June 29, Currency translation gain $4,986 $8,549 Net unrealized gain on available-for-sale securities 812 2,856 Accumulated other comprehensive income, net of taxes $5,798 $11,405 Non-Operating (Loss) Income, net The following table summarizes the components of non-operating (loss) income, net (in thousands): Fiscal Years Ended June 28, June 29, June 30, Gain on sale of investments, net $925 $68 $111 Loss on equity method investment (22,624 ) — — Dividends from equity method investment 2,581 — — Interest income, net 9,086 11,932 7,882 Foreign currency (loss) gain, net (929 ) 45 735 Other, net 572 1,250 2,335 Non-operating (loss) income, net ($10,389 ) $13,295 $11,063 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 (Loss)Income Fiscal Years Ended June 28, June 29, June 30, Net unrealized gain on available-for-sale securities, net of taxes $925 $68 $107 Non-operating (loss) income, net 925 68 107 (Loss) income before income taxes 210 11 21 Income tax (benefit) expense $715 $57 $86 Net (loss) income

Investments

Investments	12 Months Ended
	Jun. 28, 2015
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Investments consist of municipal bonds, corporate bonds, U.S. agency securities, non-U.S. certificates of deposit and non-U.S. government securities . All short-term investments are classified as available-for-sale. Other long-term investments consist of the Company's ownership interest in Lextar. The following table summarizes short-term investments (in thousands): June 28, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Municipal bonds $194,123 $988 ($341 ) $194,770 Corporate bonds 152,831 832 (158 ) 153,505 U.S. agency securities — — — — Non-U.S. certificates of deposit 225,206 — — 225,206 Non-U.S. government securities — — — — Total short-term investments $572,160 $1,820 ($499 ) $573,481 The following table presents the gross unrealized losses and estimated fair value of the Company’s short-term investments, aggregated by investment type and the length of time that individual securities have been in a continuous unrealized loss position (in thousands, except numbers of securities): June 28, 2015 Less than 12 Months Greater than 12 Months Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $53,204 ($341 ) $— $— $53,204 ($341 ) Corporate bonds 46,636 (143 ) 1,812 (15 ) 48,448 (158 ) Total $99,840 ($484 ) $1,812 ($15 ) $101,652 ($499 ) Number of securities with an unrealized loss 54 1 55 The following table summarizes short-term investments (in thousands): June 29, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Municipal bonds $291,869 $2,323 ($12 ) $294,180 Corporate bonds 200,177 2,283 (114 ) 202,346 U.S. agency securities 18,994 141 — 19,135 Non-U.S. certificates of deposit 352,928 — — 352,928 Non-U.S. government securities 7,025 28 — 7,053 Total short-term investments $870,993 $4,775 ($126 ) $875,642 The following table presents the gross unrealized losses and estimated fair value of the Company’s short-term investments, aggregated by investment type and the length of time that individual securities have been in a continuous unrealized loss position (in thousands, except numbers of securities): June 29, 2014 Less than 12 Months Greater than 12 Months Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $7,906 ($8 ) $1,520 ($4 ) $9,426 ($12 ) Corporate bonds 15,696 (31 ) 13,049 (83 ) 28,745 (114 ) Total $23,602 ($39 ) $14,569 ($87 ) $38,171 ($126 ) Number of securities with an unrealized loss 13 7 20 The Company utilizes specific identification in computing realized gains and losses on the sale of investments. Realized gains from the sale of investments for the fiscal year ended June 28, 2015 of $925 thousand were included in Non-operating (loss) income, net in the Consolidated Statements of (Loss) Income and unrealized gains and losses are included as a separate component of equity, net of tax, unless the loss is determined to be other-than-temporary. The Company evaluates its investments for possible impairment or a decline in fair value below cost basis that is deemed to be other-than-temporary on a periodic basis. It considers such factors as the length of time and extent to which the fair value has been below the cost basis, the financial condition of the investee, and its ability and intent to hold the investment for a period of time that may be sufficient for an anticipated full recovery in market value. Accordingly, the Company considered declines in its investments to be temporary in nature, and did not consider its investments to be impaired as of June 28, 2015 and June 29, 2014 . The contractual maturities of short-term investments at June 28, 2015 were as follows (in thousands): Within One Year After One, Within Five Years After Five, Within Ten Years After Ten Years Total Municipal bonds $12,575 $147,470 $34,725 $— $194,770 Corporate bonds 28,422 94,582 30,501 — 153,505 Non-U.S. certificates of deposit 225,206 — — — 225,206 Total short-term investments $266,203 $242,052 $65,226 $— $573,481

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Jun. 28, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Under U.S. GAAP, fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e., the exit price) in an orderly transaction between market participants at the measurement date. In determining fair value, the Company uses various valuation approaches, including quoted market prices and discounted cash flows. U.S. GAAP also establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are obtained from independent sources and can be validated by a third party, whereas unobservable inputs reflect assumptions regarding what a third party would use in pricing an asset or liability. The fair value hierarchy is categorized into three levels based on the reliability of inputs as follows: • Level 1 - Valuations based on quoted prices in active markets for identical instruments that the Company is able to access. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment. • Level 2 - Valuations based on quoted prices in active markets for instruments that are similar, or quoted prices in markets that are not active for identical or similar instruments, and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. • Level 3 - Valuations based on inputs that are unobservable and significant to the overall fair value measurement. The financial assets for which the Company performs recurring fair value remeasurements are cash equivalents and short-term investments. As of June 28, 2015 , financial assets utilizing Level 1 inputs included money market funds, and financial assets utilizing Level 2 inputs included municipal bonds, corporate bonds, U.S. agency securities, non-U.S. certificates of deposit, non-U.S. government securities and common stock of non-U.S. corporations. Level 2 assets are valued based on quoted prices in active markets for instruments that are similar or using a third-party pricing service’s consensus price, which is a weighted average price based on multiple sources. These sources determine prices utilizing market income models which factor in, where applicable, transactions of similar assets in active markets, transactions of identical assets in infrequent markets, interest rates, bond or credit default swap spreads and volatility. The Company did not have any financial assets requiring the use of Level 3 inputs as of June 28, 2015 . There were no transfers between Level 1 and Level 2 during the year ended June 28, 2015 . The following table sets forth financial instruments carried at fair value within the U.S. GAAP hierarchy (in thousands): June 28, 2015 June 29, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Cash equivalents Municipal bonds $ — $ — $ — $ — $ — $ — $ — $ — Non-U.S. certificates of deposit — 157 — 157 — — — — Money market funds 16,457 — — 16,457 40,031 — — 40,031 Total cash equivalents 16,457 157 — 16,614 40,031 — — 40,031 Short-term investments Municipal bonds — 194,770 — 194,770 — 294,180 — 294,180 Corporate bonds — 153,505 — 153,505 — 202,346 — 202,346 U.S. agency securities — — — — — 19,135 — 19,135 Non-U.S. certificates of deposit — 225,206 — 225,206 — 352,928 — 352,928 Non-U.S. government securities — — — — — 7,053 — 7,053 Total short-term investments — 573,481 — 573,481 — 875,642 — 875,642 Other long-term investments Common stock of non-U.S. corporations — 57,595 — 57,595 — — — — Total other long-term investments — 57,595 — 57,595 — — — — Total assets $16,457 $631,233 $— $647,690 $40,031 $875,642 $— $915,673

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jun. 28, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The Company’s reporting units for goodwill impairment testing are: • Lighting Products • LED Products • Power and RF Products As of the first day of the fourth quarter of fiscal 2015 , the Company performed a qualitative goodwill impairment assessment on each reporting unit. The Company determined that the fair value of each reporting unit was more likely than not greater than its carrying value, and therefore a quantitative goodwill impairment assessment was not required. Goodwill by reporting unit as of June 28, 2015 and June 29, 2014 was as follows (in thousands): LED Products Lighting Products Power and RF Products Consolidated Total $245,857 $337,781 $32,707 $616,345 Intangible Assets The following table presents the components of intangible assets, net (in thousands): June 28, 2015 June 29, 2014 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets with finite lives: Customer relationships $136,920 ($72,063 ) $64,857 $137,440 ($66,970 ) $70,470 Developed technology 162,760 (91,562 ) 71,198 162,760 (72,921 ) 89,839 Non-compete agreements 10,244 (7,958 ) 2,286 10,244 (5,997 ) 4,247 Trade names, finite-lived 520 (520 ) — 520 (516 ) 4 Patent and licensing rights 150,038 (50,905 ) 99,133 134,607 (42,424 ) 92,183 Total intangible assets with finite lives 460,482 (223,008 ) 237,474 445,571 (188,828 ) 256,743 Trade names, indefinite-lived 79,680 79,680 79,680 79,680 Total intangible assets $540,162 ($223,008 ) $317,154 $525,251 ($188,828 ) $336,423 Total amortization of finite-lived intangible assets was $36.0 million , $37.7 million and $37.8 million for the years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , respectively. As of the first day of the fourth quarter of fiscal 2015 , the Company performed a qualitative impairment assessment on each of the Company’s indefinite-lived trade names. The Company determined that the fair value of each indefinite-lived trade name was more likely than not greater than its carrying value and therefore a quantitative impairment assessment was not required. The Company invested $19.5 million , $20.2 million and $20.9 million for the years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , respectively, for patent and licensing rights. For the fiscal years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , the Company recognized $3.4 million , $1.4 million and $1.6 million , respectively, in impairment charges related to its patent portfolio. Total future amortization expense of finite-lived intangible assets is estimated to be as follows (in thousands): Fiscal Year Ending June 26, 2016 $35,331 June 25, 2017 33,297 June 24, 2018 32,085 June 30, 2019 19,533 June 28, 2020 15,578 Thereafter 101,650 Total future amortization expense $237,474

Long-term Debt Long-term Debt

Long-term Debt Long-term Debt	12 Months Ended
	Jun. 28, 2015
Long-term Debt, Unclassified [Abstract]
Long-term Debt [Text Block]	Long-term Debt On January 9, 2015, the Company entered into a new credit agreement (New Credit Agreement) with Wells Fargo Bank, National Association (Wells Fargo Bank) and other lenders party thereto for a $500 million secured revolving line of credit under which the Company can borrow, repay and reborrow loans from time to time prior to its scheduled maturity date of January 9, 2020. Proceeds of the initial loans made under the New Credit Agreement were used to repay amounts outstanding under the Company's previous $150 million unsecured credit agreement with Wells Fargo Bank, entered into on August 12, 2014. The Company classifies balances outstanding under its line of credit as Long-term debt in the Consolidated Balance Sheets. At June 28, 2015 , the Company had $200 million outstanding under the New Credit Agreement and $300 million available for borrowing. For the year ended June 28, 2015 , the average interest rate under these credit agreements was 0.95% . The average commitment fee percentage for these credit agreements was 0.09% for the year ended June 28, 2015 . The Company was in compliance with all covenants in the New Credit Agreement at June 28, 2015 .

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Jun. 28, 2015
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity On October 27, 2014, the Board of Directors approved an increase in the amount of the Company’s stock repurchase program, authorizing the Company to repurchase shares of its common stock having an aggregate purchase price not exceeding $550 million for all purchases from June 30, 2014 through the expiration of the program on June 28, 2015 . On June 18, 2015, the Board of Directors approved another increase, authorizing the Company to repurchase shares of its common stock having an aggregate purchase price not exceeding $500 million for all purchases from June 29, 2015 through the new expiration of the program on June 26, 2016. During fiscal 2015 , the Company repurchased 16.0 million shares of its common stock under the program at an average price of $34.33 per share with an aggregate value of $550 million . The repurchase program can be implemented through open market or privately negotiated transactions at the discretion of the Company’s management. The Company will continue to determine the time and extent of any repurchases based on its evaluation of market conditions and other factors. From the inception of the predecessor stock repurchase program in January 2001 through June 28, 2015 , the Company has repurchased 28.4 million shares of its common stock at an average price of $30.07 per share with an aggregate value of $855.1 million . On May 29, 2002, the Board adopted a shareholder rights plan, pursuant to which stock purchase rights were distributed to shareholders at a rate of one right with respect to each share of common stock held of record as of June 10, 2002. Subsequently issued shares of common stock also carry stock purchase rights under the plan. The rights plan is designed to enhance the Board’s ability to prevent an acquirer from depriving shareholders of the long-term value of their investment and to protect shareholders against attempts to acquire the Company by means of unfair or abusive takeover tactics. Unless terminated by the Board, the rights become exercisable based upon certain limited conditions related to acquisitions of stock, tender offers and certain business combinations involving the Company. The shareholder rights plan includes a review mechanism requiring the independent members of the Board to review and evaluate the plan at least every three years to consider whether the maintenance of the plan continues to be in the best interests of the Company and its shareholders and to communicate their conclusion to the Board. The Board has delegated this responsibility to the Governance and Nominations Committee, which is composed of all independent directors of the Board. On April 24, 2012, the shareholder rights plan was amended and restated to, among other things, extend the expiration date from June 10, 2012 to September 30, 2018 , and to remove provisions in the rights plan stipulating that certain actions can be taken only with the concurrence of a majority of the members of the Board who are not affiliated with an acquiring person (more specifically, those who are “Continuing Directors,” as defined in the original rights plan adopted in 2002). On January 29, 2013, the shareholder rights plan was amended solely to change the expiration date from September 30, 2018 to April 24, 2017 . On February 11, 2015, the shareholder rights plan was further amended to revise the definition of “Acquiring Person” to provide that the level of beneficial ownership of the Company’s common stock at which a person becomes an “Acquiring Person” and therefore triggers the consequences under the shareholder rights plan of becoming an Acquiring Person is increased for certain passive investors (defined therein as “13G Investors”) from 15% to 18% of the Company’s outstanding common stock (with no change to the triggering ownership threshold for other investors). At June 28, 2015 , the Company had reserved a total of approximately 19.4 million shares of its common stock and 0.2 million shares of its Series A preferred stock for future issuance as follows (in thousands): Number of Shares For exercise of outstanding common stock options 10,714 For vesting of outstanding stock units 774 For future equity awards under 2013 Long-Term Incentive Compensation Plan 6,233 For future issuance under the Non-Employee Director Stock Compensation and Deferral Program 100 For future issuance to employees under the 2005 Employee Stock Purchase Plan 1,607 Total common shares reserved 19,428 Series A preferred stock reserved for exercise of rights issued under shareholder rights plan 200

Earnings Per Share

Earnings Per Share	12 Months Ended
	Jun. 28, 2015
Earnings Per Share [Abstract]
Earnings Per Share	(Loss) Earnings Per Share The following presents the computation of basic (loss) earnings per share (in thousands, except per share amounts): Fiscal Years Ended June 28, June 29, June 30, Basic: Net (loss) income ($64,051 ) $124,191 $86,925 Weighted average common shares 113,022 120,623 116,621 Basic (loss) earnings per share ($0.57 ) $1.03 $0.75 The following computation reconciles the differences between the basic and diluted (loss) earnings per share presentations (in thousands, except per share amounts): Fiscal Years Ended June 28, June 29, June 30, Diluted: Net (loss) income ($64,051 ) $124,191 $86,925 Weighted average common shares - basic 113,022 120,623 116,621 Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights — 2,291 1,358 Weighted average common shares - diluted 113,022 122,914 117,979 Diluted (loss) earnings per share ($0.57 ) $1.01 $0.74 Potential common shares that would have the effect of increasing diluted (loss) earnings per share are considered to be anti-dilutive and as such, these shares are not included in calculating diluted (loss) earnings per share. For the fiscal years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , there were 7.0 million , 2.6 million and 2.4 million , respectively, of potential common shares not included in the calculation of diluted (loss) earnings per share because their effect was anti-dilutive.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Jun. 28, 2015
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation Overview of Employee Stock-Based Compensation Plans The Company currently has one equity-based compensation plan, the 2013 Long-Term Incentive Compensation Plan (2013 LTIP), from which stock-based compensation awards can be granted to employees and directors. At June 28, 2015 , there were 9.9 million shares authorized for issuance under the plan and 6.2 million shares remaining for future grants. The 2013 LTIP provides for awards in the form of incentive stock options, non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, performance units and other awards. The Company has other equity-based compensation plans that have been terminated so that no future grants can be made under those plans, but under which stock options, restricted stock and restricted stock units are currently outstanding. The Company’s stock-based awards can be either service-based or performance-based. Performance-based conditions are generally tied to future financial and/or operating performance of the Company. The compensation expense with respect to performance-based grants is recognized if the Company believes it is probable that the performance condition will be achieved. The Company reassesses the probability of the achievement of the performance condition at each reporting period, and adjusts the compensation expense for subsequent changes in the estimate or actual outcome. As with non-performance based awards, compensation expense is recognized over the vesting period. The vesting period runs from the date of grant to the expected date that the performance objective is likely to be achieved. The Company also has an Employee Stock Purchase Plan (ESPP) that provides employees with the opportunity to purchase common stock at a discount. At June 28, 2015 , there were 4.5 million shares authorized for issuance under the ESPP, as amended, with 1.6 million shares remaining for future issuance. The ESPP limits employee contributions to 15% of each employee’s compensation (as defined in the plan) and allows employees to purchase shares at a 15% discount to the fair market value of common stock on the purchase date two times per year. The ESPP provides for a twelve-month participation period, divided into two equal six-month purchase periods, and also provides for a look-back feature. At the end of each six-month period in April and October, participants purchase the Company’s common stock through the ESPP at a 15% discount to the fair market value of the common stock on the first day of the twelve-month participation period or the purchase date, whichever is lower. The plan also provides for an automatic reset feature to start participants on a new twelve-month participation period if the fair market value of common stock declines during the first six-month purchase period. Stock Option Awards 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 The total intrinsic value in the table above represents the total pretax intrinsic value, which is the total difference between the closing price of the Company’s common stock on June 26, 2015 (the last trading day of fiscal 2015 ) of $27.00 and the exercise price for in-the-money options that would have been received by the holders if all instruments had been exercised on June 28, 2015 . As of June 28, 2015 , there was $54.1 million of unrecognized compensation cost related to nonvested stock options, which is expected to be recognized over a weighted average period of 1.61 years. 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 Other information pertaining to the Company’s stock option awards is as follows (in thousands, except per share data): Fiscal Years Ended June 28, June 29, June 30, 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 Restricted Stock Awards and Units 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 As of June 28, 2015 , there was $24.8 million of unrecognized compensation cost related to nonvested awards, which is expected to be recognized over a weighted average period of 2 years. Stock-Based Compensation Valuation and Expense The Company accounts for its employee stock-based compensation plans using the fair value method. The fair value method requires the Company to estimate the grant-date fair value of its stock-based awards and amortize this fair value to compensation expense over the requisite service period or vesting term. The Company uses the Black-Scholes option-pricing model to estimate the fair value of the Company’s stock option and ESPP awards. The determination of the fair value of stock-based payment awards on the date of grant using an option-pricing model is affected by the Company’s stock price as well as assumptions regarding a number of complex and subjective variables. These variables include the expected stock price volatility over the term of the awards, actual and projected employee stock option exercise behaviors, the risk-free interest rate and expected dividends. Due to the inherent limitations of option-valuation models, future events that are unpredictable and the estimation process utilized in determining the valuation of the stock-based awards, the ultimate value realized by award holders may vary significantly from the amounts expensed in the Company’s financial statements. For RSAs and RSUs, the grant-date fair value is based upon the market price of the Company’s common stock on the date of the grant. This fair value is then amortized to compensation expense over the requisite service period or vesting term. Stock-based compensation expense is recognized net of estimated forfeitures such that expense is recognized only for those stock-based awards that are expected to vest. A forfeiture rate is estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from initial estimates. Total stock-based compensation expense was as follows (in thousands): Fiscal Years Ended Income Statement Classification: June 28, June 29, June 30, 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 The weighted average assumptions used to value stock option grants were as follows: Fiscal Years Ended Stock Option Grants: June 28, June 29, June 30, 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 — — — The following describes each of these assumptions and the Company’s methodology for determining each assumption: Risk-Free Interest Rate The Company estimates the risk-free interest rate using the U.S. Treasury bill rate with a remaining term equal to the expected life of the award. Expected Life The expected life represents the period that the stock option awards are expected to be outstanding. In determining the appropriate expected life of its stock options, the Company segregates its grantees into categories based upon employee levels that are expected to be indicative of similar option-related behavior. The expected useful lives for each of these categories are then estimated giving consideration to (1) the weighted average vesting periods, (2) the contractual lives of the stock options, (3) the relationship between the exercise price and the fair market value of the Company’s common stock, (4) expected employee turnover, (5) the expected future volatility of the Company’s common stock, and (6) past and expected exercise behavior, among other factors. Expected Volatility The Company estimates expected volatility giving consideration to the expected life of the respective award, the Company’s current expected growth rate, implied volatility in traded options for its common stock, and the historical volatility of its common stock. Expected Dividend Yield The Company estimates the expected dividend yield by giving consideration to its current dividend policies as well as those anticipated in the future considering the Company’s current plans and projections.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 28, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The following were the components of (loss) income before income taxes (in thousands): Fiscal Years Ended June 28, June 29, June 30, Domestic ($40,603 ) $58,859 $31,046 Foreign (42,299 ) 88,711 76,511 Total (loss) income before income taxes ($82,902 ) $147,570 $107,557 The following were the components of income tax (benefit) expense (in thousands): Fiscal Years Ended June 28, June 29, June 30, Current: Federal ($12,470 ) $3,423 $483 Foreign 13,327 15,371 18,127 State 1,242 1,876 1,777 Total current 2,099 20,670 20,387 Deferred: Federal (7,100 ) 229 2,226 Foreign (12,696 ) 3,003 (177 ) State (1,154 ) (523 ) (1,804 ) Total deferred (20,950 ) 2,709 245 Income tax (benefit) expense ($18,851 ) $23,379 $20,632 Actual income tax (benefit) expense differed from the amount computed by applying the U.S. federal tax rate of 35% to pre-tax earnings as a result of the following (in thousands, except percentages): Fiscal Years Ended June 28, % of Loss June 29, % of Income June 30, % of Income Federal income tax provision at statutory rate ($29,016 ) 35% $51,645 35% $37,645 35% (Decrease) increase in income tax expense resulting from: State tax provision, net of federal benefit (797 ) 1% 2,550 2% 1,146 1% State tax credits (585 ) 1% (1,004 ) (1)% (1,407 ) (1)% Tax exempt interest (2,413 ) 3% (815 ) —% (853 ) (1)% 48C investment tax credit (6,826 ) 8% (11,310 ) (8)% (5,252 ) (5)% (Decrease) increase in tax reserve (225 ) —% 15,411 10% (361 ) —% Change in tax depreciation methodology — —% (18,475 ) (12)% — —% Research and development credits (2,081 ) 3% (1,574 ) (1)% (2,426 ) (2)% Decrease in valuation allowance — —% (20 ) —% (6 ) —% Qualified production activities deduction (520 ) 1% (2,362 ) (1)% (866 ) (1)% Stock-based compensation 2,988 (4)% 2,024 1% 1,206 1% Statutory rate differences 18,732 (23)% (14,285 ) (10)% (10,184 ) (10)% Foreign earnings taxed in U.S. 2,697 (3)% — —% — —% Other (805 ) 1% 1,594 1% 1,990 2% Income tax (benefit) expense ($18,851 ) 23% $23,379 16% $20,632 19% The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities were as follows (in thousands): June 28, June 29, Deferred tax assets: Compensation $1,864 $4,843 Inventories 23,172 18,672 Sales return reserve and allowance for bad debts 8,266 4,801 Warranty reserve 5,042 1,416 Federal and state net operating loss carryforwards 7,237 704 Federal credits 3,688 4,971 State credits 2,573 3,016 48C investment tax credits 14,980 22,731 Investments 953 958 Stock-based compensation 40,291 31,102 Deferred revenue 4,850 5,719 Other 2,034 876 Total gross deferred assets 114,950 99,809 Less valuation allowance (1,485 ) (1,571 ) Deferred tax assets, net 113,465 98,238 Deferred tax liabilities: Property and equipment (13,337 ) (25,660 ) Intangible assets (59,840 ) (52,462 ) Investments (505 ) (1,792 ) Prepaid taxes and other (1,350 ) (1,083 ) Foreign earnings recapture (2,524 ) — Total gross deferred liability (77,556 ) (80,997 ) Deferred tax asset, net $35,909 $17,241 The components giving rise to the net deferred tax assets (liabilities) have been included in the Consolidated Balance Sheets as follows (in thousands): Balance at June 28, 2015 Assets Liabilities Current Noncurrent Current Noncurrent U.S. federal income taxes $23,231 $52 $— ($10,878 ) Foreign income taxes 15,959 8,841 — (1,296 ) Total net deferred tax assets/(liabilities) $39,190 $8,893 * $— ($12,174 ) Balance at June 29, 2014 Assets Liabilities Current Noncurrent Current Noncurrent U.S. federal income taxes $17,324 $— $— ($10,948 ) Foreign income taxes 12,090 — — (1,225 ) Total net deferred tax assets/(liabilities) $29,414 $— $— ($12,173 ) * This amount is included in Other assets in the Consolidated Balance Sheets. The research and development credit, which had previously expired on December 31, 2013, was reinstated as part of the Tax Increase Prevention Act of 2014, enacted on December 19, 2014. This legislation retroactively reinstated and extended the credit from the previous expiration date through December 31, 2014. The benefit of this credit for fiscal 2015 as well as the period December 31, 2013 through June 29, 2014 has been included in the fiscal year 2015 tax benefit representing a $1.1 million and $1.0 million benefit, respectively. During the second quarter of fiscal 2014, the Company was notified by the Internal Revenue Service that it had been allocated $30 million of federal tax credits as part of the American Recovery and Reinvestment Act of 2009 - Phase II (Internal Revenue Code Section 48C). This $30 million allocation is in addition to the $39 million previously allocated to the Company in the third quarter of fiscal 2010. As of June 28, 2015 , the Company has successfully achieved the required milestones to realize the full $69 million tax benefit. The tax benefit (net of related basis adjustments) will be amortized into income over the useful life ( 5 years ) of the underlying equipment that was placed into service to generate these credits. Since fiscal 2010, the Company has recognized an income tax benefit of $32.9 million related to the credits generated to date, with $6.8 million of this amount recognized as a tax benefit for the year ended June 28, 2015 . At June 28, 2015, the Company had approximately $24 million of foreign net operating loss carryovers which have no carry forward limitation. As of June 28, 2015 , the Company had approximately $15.1 million of state net operating loss carryovers for which a full valuation allowance has been recognized. Additionally, the Company had $4.2 million of state income tax credit carryforwards. The state net operating loss carryovers and income tax credit carryforwards will begin to expire in fiscal 2016 and fiscal 2017, respectively. Furthermore, the Company had approximately $0.8 million of alternative minimum tax credit carryforwards, $6.5 million of 48C credit carryforwards, $2.3 million of research and development credit carryforwards and $1.6 million of state income tax credit carryforwards that relate to excess stock option benefits which, if and when realized, will be recognized in Additional paid-in-capital in the Consolidated Balance Sheets. U.S. GAAP requires a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is cumulatively more than 50% likely to be realized upon ultimate settlement. As of June 29, 2014 the Company’s liability for unrecognized tax benefits was $18.4 million . The Company recognized a $0.4 million decrease to the liability for unrecognized tax benefits due to a decrease in the effective tax rate related to an uncertainty regarding a change in tax depreciation methodology adopted in fiscal 2014. In addition there was a $0.2 million decrease to the amount of unrecognized tax benefits as a result of a statute expiration. As a result, the total liability for unrecognized tax benefits as of June 28, 2015 was $17.8 million . If any portion of this $17.8 million is recognized, the Company will then include that portion in the computation of its effective tax rate. Although the ultimate timing of the resolution and/or closure of audits is highly uncertain, the Company believes it is reasonably possible that approximately $0.2 million of gross unrecognized tax benefits will change in the next 12 months as a result of pending audit settlements or statute requirements. The following is a tabular reconciliation of the Company’s change in uncertain tax positions (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $18,389 $2,732 $4,421 Increases related to prior year tax positions — 18,040 546 Decreases related to prior year tax positions (407 ) (741 ) — Expiration of statute of limitations for assessment of taxes (187 ) (1,642 ) (2,235 ) Balance at end of period $17,795 $18,389 $2,732 The Company’s policy is to include interest and penalties related to unrecognized tax benefits within the Income tax (benefit) expense line item in the Consolidated Statements of (Loss) Income. Total interest and penalties accrued were as follows (in thousands): June 28, June 29, Accrued interest and penalties $10 $104 Total interest and penalties recognized were as follows (in thousands): Fiscal Years Ended June 28, June 29, June 30, Recognized interest and penalties (benefit) ($94 ) ($51 ) ($130 ) The Company files U.S. federal, U.S. state and foreign tax returns. For U.S. federal purposes, the Company is generally no longer subject to tax examinations for fiscal years prior to 2012 . For U.S. state tax returns, the Company is generally no longer subject to tax examinations for fiscal years prior to 2011 . For foreign purposes, the Company is generally no longer subject to examination for tax periods 2005 and prior. Certain carryforward tax attributes generated in prior years remain subject to examination and adjustment. The Company provides for U.S. income taxes on the earnings of foreign subsidiaries unless the subsidiaries’ earnings are considered indefinitely reinvested outside the United States. As of June 28, 2015 , U.S. income taxes were not provided for on a cumulative total of approximately $291.5 million of undistributed earnings for certain non-U.S. subsidiaries, as the Company currently intends to reinvest these earnings in these foreign operations indefinitely. If, at a later date, these earnings were repatriated to the U.S., the Company would be required to pay taxes on these amounts. Determination of the amount of any deferred tax liability on these undistributed earnings is not practicable. During the fiscal year ended June 26, 2011, the Company was awarded a tax holiday in Malaysia with respect to its manufacturing and distribution operations. This arrangement allows for 0% tax for 10 years starting in the fiscal year ended June 26, 2011. For the fiscal years ended June 30, 2013, June 29, 2014 and June 28, 2015, the Company did not meet the requirements for the tax holiday, and as such, no benefit has been recognized.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 28, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Warranties The following table summarizes the changes in the Company’s product warranty liabilities (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $6,822 $6,171 $5,513 Warranties accrued in current period 9,242 4,256 1,533 Recall costs accrued in current period 5,418 — — Changes in estimates for pre-existing warranties — 907 71 Expenditures (7,514 ) (4,512 ) (946 ) Balance at end of period $13,968 $6,822 $6,171 Product warranties are estimated and recognized at the time the Company recognizes revenue. The warranty periods range from 90 days to 10 years . The Company accrues warranty liabilities at the time of sale, based on historical and projected incident rates and expected future warranty costs. The Company accrues estimated costs related to product recalls based on a formal campaign soliciting repair or return of that product when they are deemed probable and reasonably estimable. The warranty reserves, which are primarily related to Lighting Products, are evaluated on a quarterly basis based on various factors including historical warranty claims, assumptions about the frequency of warranty claims, and assumptions about the frequency of product failures derived from quality testing, field monitoring and the Company’s reliability estimates. As of June 28, 2015 , $1.0 million of the Company’s product warranty liabilities were classified as long-term. In June 2015, the Company issued a voluntary recall of its linear LED T8 replacement lamps due to the hazard of overheating and melting. The Company expects the majority of the costs of the recall to be recoverable from insurance proceeds resulting in an immaterial impact to the Company's financial results. Lease Commitments The Company primarily leases manufacturing, office, housing and warehousing space under the terms of non-cancelable operating leases. These leases expire at various times through 2022 . The Company recognizes net rent expense on a straight-line basis over the life of the lease. Rent expense associated with these operating leases totaled approximately $8.2 million , $5.8 million and $4.8 million for each of the fiscal years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , respectively. Certain agreements require that the Company pay property taxes and general property maintenance in addition to the minimum rental payments. Future minimum rental payments as of June 28, 2015 (under leases currently in effect) are as follows (in thousands): Fiscal Years Ending Minimum Rental Amount June 26, 2016 $3,930 June 25, 2017 3,253 June 24, 2018 1,853 June 30, 2019 777 June 28, 2020 436 Thereafter 498 Total future minimum rental payments $10,747 Litigation The Company is currently a party to various legal proceedings. While management presently believes that the ultimate outcome of such proceedings, individually and in the aggregate, will not materially harm the Company’s financial position, cash flows, or overall trends in results of operations, legal proceedings are subject to inherent uncertainties, and unfavorable rulings could occur. An unfavorable ruling could include money damages or, in matters for which injunctive relief or other conduct remedies may be sought, an injunction prohibiting the Company from selling one or more products at all or in particular ways. Were unfavorable final outcomes to occur, there exists the possibility of a material adverse impact on the Company’s business, results of operation, financial position and overall trends. The outcomes in these matters are not reasonably estimable.

Reportable Segments

Reportable Segments	12 Months Ended
	Jun. 28, 2015
Segment Reporting [Abstract]
Reportable Segments	Reportable Segments The Company’s operating and reportable segments are: • Lighting Products • LED Products • Power and RF Products The Company’s CODM reviews segment performance and allocates resources based upon segment revenue and segment gross profit. Reportable Segments Description Lighting Products Segment The Company’s Lighting Products segment primarily consists of LED lighting systems and bulbs. The Company designs, manufactures and sells lighting systems for indoor and outdoor applications, with its primary focus on LED lighting systems for the commercial, industrial and consumer markets. Lighting products are sold to distributors, retailers and direct to customers. The Company's portfolio of lighting products is designed for use in settings such as office and retail space, restaurants and hospitality, schools and universities, manufacturing, healthcare, airports, municipal, residential, street lighting and parking structures, among other applications. LED Products Segment The Company’s LED Products segment includes LED chips, LED components, and SiC materials. LED Chips LED chip products include blue and green LED chips based on GaN and related materials. LED chips or die are solid-state electronic components used in a number of applications and are currently available in a variety of brightness levels, wavelengths (color) and sizes. The Company uses LED chips internally in the manufacturing of its LED components. Customers use the blue and green LED chips in a variety of applications including video screens, gaming displays, function indicator lights, and automotive backlights, headlamps and directional indicators. Customers may also combine blue LED chips with phosphors to create white LEDs, which are used in various applications for indoor and outdoor illumination and backlighting, full-color display screens, liquid crystal displays (LCD) backlighting, white keypads and the camera flash function. LED Components LED component products include a range of packaged LED products from the Company’s XLamp ® LED components and LED modules for lighting applications to the Company’s high-brightness LED components. The Company’s XLamp LED components and LED modules are lighting class packaged LED products designed to meet a broad range of market needs for lighting applications including general illumination (both indoor and outdoor applications), portable, architectural, signal and transportation lighting. The Company uses XLamp LED components in its own lighting products. The Company also sells XLamp LED components externally to customers and distributors for use in a variety of products, primarily for lighting applications. The Company’s high-brightness LED components consist of surface mount (SMD) and through-hole packaged LED products. The SMD LED component products are available in a full range of colors designed to meet a broad range of market needs, including video, signage, general illumination, transportation, gaming and specialty lighting markets. The Company's through-hole packaged LED component products are available in a full range of colors, primarily designed for the signage market, and provide users with color and brightness consistency across a wide viewing area. SiC Materials The Company’s SiC materials are targeted for customers who use them to manufacture products for RF, power switching, gemstones and other applications. Corporate, government and university customers also buy SiC materials for research and development directed at RF and high power devices. The Company sells its SiC materials in bulk form, as a bare wafer or with SiC and GaN epitaxial films. Power and RF Products Segment The Company’s Power and RF Products segment includes power devices and RF devices. Power Devices The Company’s SiC-based power products include Schottky diodes, SiC metal semiconductor field-effect transistors (MOSFETs), and SiC power modules at various voltages. The Company's power products provide increased efficiency, faster switching speeds and reduced system size and weight over comparable silicon-based power devices. Power products are sold primarily to customers and distributors for use in power supplies used in computer servers, solar inverters, uninterruptible power supplies, industrial power supplies and other applications. RF Devices The Company’s RF devices include a variety of GaN high electron mobility transistors (HEMTs) and monolithic microwave integrated circuits (MMICs), which are optimized for military, telecom and other commercial applications. The Company's RF devices are made from SiC and GaN and provide improved efficiency, bandwidths and frequency of operation as compared to silicon or GaAs. The Company also provides custom die manufacturing for GaN HEMTs and MMICs that allow a customer to design its own custom RF circuits to be fabricated by the Company, or have the Company design and fabricate products that meet the customer's specific requirements. Financial Results by Reportable Segment The table below reflects the results of the Company’s reportable segments as reviewed by the Company’s CODM for fiscal 2015 , 2014 and 2013 . The Company used the same accounting policies to derive the segment results reported below as those used in the Company’s consolidated financial statements. The Company’s CODM does not review inter-segment transactions when evaluating segment performance and allocating resources to each segment, and inter-segment transactions are not included in the segment revenue presented in the table below. As such, total segment revenue in the table below is equal to the Company’s consolidated revenue. The Company’s CODM reviews gross profit as the lowest and only level of segment profit. As such, all items below gross profit in the Consolidated Statements of (Loss) Income must be included to reconcile the consolidated gross profit presented in the table below to the Company’s consolidated income before income taxes. In order to determine gross profit for each reportable segment, the Company allocates direct costs and indirect costs to each segment’s cost of revenue. The Company allocates indirect costs, such as employee benefits for manufacturing employees, shared facilities services, information technology, purchasing, and customer service, when the costs are identifiable and beneficial to the reportable segment. The Company allocates these indirect costs based on a reasonable measure of utilization that considers the specific facts and circumstances of the costs being allocated. Unallocated costs in the table below consisted primarily of manufacturing employees’ stock-based compensation, expenses for profit sharing and quarterly or annual incentive plans and matching contributions under the Company’s 401(k) plan. These costs were not allocated to the reportable segments' gross profit because the Company’s CODM does not review them regularly when evaluating segment performance and allocating resources. Revenue, gross profit and gross margin for each of the Company's segments were as follows (in thousands, except percentages): Revenue Gross Profit and Gross Margin Year Ended Year Ended June 28, June 29, 2014 June 30, 2013 June 28, 2015 June 29, 2014 June 30, 2013 Lighting Products $ 906,502 $ 706,425 $ 495,089 $ 235,542 $ 197,304 $ 148,947 Lighting Products gross margin 26 % 28 % 30 % LED Products 602,082 833,684 801,483 190,912 381,003 344,649 LED Products gross margin 32 % 46 % 43 % Power and RF Products 123,921 107,532 89,410 67,764 60,723 48,127 Power and RF Products gross margin 55 % 56 % 54 % Total segment reporting $1,632,505 $1,647,641 $1,385,982 494,218 639,030 541,723 Unallocated costs (19,262 ) (20,235 ) (18,463 ) Consolidated gross profit $474,956 $618,795 $523,260 Consolidated gross margin 29 % 38 % 38 % Assets by Reportable Segment Inventories are the only assets reviewed by the Company’s CODM when evaluating segment performance and allocating resources to each segment. The CODM reviews all of the Company's assets other than inventories on a consolidated basis. The following table sets forth the Company’s inventories by reportable segment for the fiscal years ended June 28, 2015 and June 29, 2014 . Unallocated inventories in the table below were not allocated to the reportable segments because the Company’s CODM does not review them when evaluating performance and allocating resources to each segment. Unallocated inventories consisted primarily of manufacturing employees’ stock-based compensation, profit sharing and quarterly or annual incentive compensation and matching contributions under the Company’s 401(k) plan. Inventories for each of the Company's segments were as follows (in thousands): June 28, 2015 June 29, 2014 Lighting Products $ 150,755 $ 148,757 LED Products 114,203 123,249 Power and RF Products 11,536 8,019 Total segment inventories 276,494 280,025 Unallocated inventories 4,082 4,755 Consolidated inventories $280,576 $284,780 Geographic Information The Company conducts business in several geographic areas. Revenue is attributed to a particular geographic region based on the shipping address for the products. The following table sets forth the percentage of revenue from external customers by geographic area: For the Years Ended June 28, 2015 June 29, 2014 June 30, 2013 United States 57 % 49 % 44 % China 21 % 27 % 28 % Europe 9 % 9 % 12 % South Korea 1 % 2 % 2 % Japan 4 % 6 % 7 % Malaysia 1 % 1 % 1 % Taiwan 1 % 1 % 2 % Other 6 % 5 % 4 % Total percentage of revenue 100 % 100 % 100 % The following table sets forth the Company’s tangible long-lived assets by country (in thousands): June 28, June 29, United States $502,579 $449,359 China 131,140 154,881 Other 1,353 1,473 Total tangible long-lived assets $635,072 $605,713

Concentrations of Risk

Concentrations of Risk	12 Months Ended
	Jun. 28, 2015
Risks and Uncertainties [Abstract]
Concentrations of Risk	Concentrations of Risk Financial instruments, which may subject the Company to a concentration of risk, consist principally of short-term investments, cash equivalents, and accounts receivable. Short-term investments consist primarily of municipal bonds, corporate bonds, U.S. agency securities, non-U.S. certificates of deposit and non-U.S. government securities at interest rates that vary by security. The Company’s cash equivalents consist primarily of money market funds. Certain bank deposits may at times be in excess of the FDIC insurance limits. The Company sells its products on account to manufacturers, distributors, retailers and others worldwide and generally requires no collateral. Revenue from certain customers represented more than 10% of consolidated revenue. Revenue from Arrow Electronics, Inc. represented 12% , 13% and 16% of revenue for fiscal 2015, 2014, and 2013, respectively. Revenue from The Home Depot, Inc. represented 11% of revenue in both fiscal 2015 and 2014. No customers individually accounted for more than 10% of the consolidated accounts receivable balance at June 28, 2015 and June 29, 2014. Arrow Electronics, Inc. is a customer of the LED Products and Power and RF Products segments. The Home Depot, Inc. is a customer of the Lighting Products segment.

Retirement Savings Plan

Retirement Savings Plan	12 Months Ended
	Jun. 28, 2015
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Retirement Savings Plan	Retirement Savings Plan The Company sponsors one employee benefit plan (the 401(k) Plan) pursuant to Section 401(k) of the Internal Revenue Code of 1986, as amended. All U.S. employees are eligible to participate under the 401(k) Plan on the first day of a new fiscal month after the date of hire. Under the 401(k) Plan, there is no fixed dollar amount of retirement benefits; rather, the Company matches a defined percentage of employee deferrals, and employees vest in these matching funds over time. Employees choose their investment elections from a list of available investment options. During the fiscal years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , the Company contributed approximately $6.9 million , $6.3 million and $6.2 million to the 401(k) Plan, respectively. The Pension Benefit Guaranty Corporation does not insure the 401(k) Plan.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 28, 2015
Related Party Transaction, Due from (to) Related Party [Abstract]
Related Party Transactions	Related Party Transactions On August 17, 2011, in connection with the Company’s acquisition of Ruud Lighting, two of the prior shareholders of Ruud Lighting, Alan Ruud and Christopher Ruud, executed offer letters for continued employment with Ruud Lighting. Also on August 17, 2011, subsequent to the Company’s acquisition of Ruud Lighting and pursuant to an Aircraft Purchase and Sale Agreement and a Joint Ownership Agreement with Ruud Lighting, each of Alan Ruud (through LSA, LLC, a limited liability company of which Alan Ruud is the sole member (LSA)) and Christopher Ruud (through Light Speed Aviation, LLC, a limited liability company of which Christopher Ruud is the sole member (Light Speed)) acquired a 10% interest in an aircraft previously purchased by Ruud Lighting, resulting in the Company owning an 80% interest in the aircraft. Each of LSA and Light Speed acquired its ownership in the aircraft for a purchase price of approximately $0.9 million for a combined interest of 20% or $1.9 million which is included in Purchase of acquired business, net of cash acquired in the Consolidated Statements of Cash Flows as cash provided by investing activities. On June 25, 2014, the Company acquired the combined 20% interest in the aircraft from LSA and Light Speed for $1.5 million , resulting in the Company having 100% ownership of the aircraft. Pursuant to the Joint Ownership Agreement, each of LSA and Light Speed was responsible for its share of flight crew, direct, fixed and other expenses attributable to the aircraft. During fiscal 2014 , the Company billed LSA and Light Speed $234 thousand and $697 thousand , respectively. Of these billed amounts, the Company had been reimbursed by LSA and Light Speed for $225 thousand and $630 thousand , respectively, as of June 29, 2014 . The Company had $9 thousand outstanding receivables from LSA and $86 thousand in outstanding receivables from Light Speed as of June 29, 2014 . The Company also had unbilled receivables of $6 thousand and $46 thousand for LSA and Light Speed, respectively, as of June 29, 2014 . As of June 28, 2015 , the Company had no outstanding receivables from LSA or Light Speed. In July 2010, Mark Swoboda was appointed Chief Executive Officer of Intematix Corporation (Intematix). Mark Swoboda is the brother of the Company’s Chairman, Chief Executive Officer and President, Charles M. Swoboda. For a number of years the Company has purchased raw materials from Intematix pursuant to standard purchase orders in the ordinary course of business. During fiscal 2015 , the Company purchased $7.2 million of raw materials from Intematix, and the Company had $0.1 million outstanding payable to Intematix as of June 28, 2015 . During fiscal 2014 , the Company purchased $8.8 million of raw materials from Intematix, and the Company had $0.3 million outstanding payable to Intematix as of June 29, 2014 . As discussed in Note 4, “Investments,” the Company acquired approximately 13% of the common stock of Lextar Electronics Corporation in December 2014. From the date of acquisition through June 28, 2015, the Company purchased approximately $5.9 million of inventory from Lextar and the Company had $2.5 million outstanding payable to Lextar as of June 28, 2015.

Costs Associated with LED Busin

Costs Associated with LED Business Restructuring Costs Associated with LED Business Restucturing	12 Months Ended
	Jun. 28, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Costs Associated with LED Business Restructuring In June 2015, the Company’s Board of Directors approved a plan to restructure the LED Products business. Due to recent LED market trends that have resulted in higher LED average selling price erosion than previously forecasted and the continued under-utilization of the Company’s LED factory, the restructuring is expected to reduce excess capacity and overhead in order to improve the cost structure moving forward. The primary components of the restructuring include the planned sale or abandonment of certain manufacturing equipment, facility consolidation and the elimination of certain positions. Additionally, the Company increased LED reserves to reflect the more aggressive pricing environment experienced in the fourth quarter of fiscal 2015, and to factor in a more conservative pricing outlook for fiscal 2016. The following table summarizes the actual and planned charges incurred through June 28, 2015 (in thousands): Capacity and overhead cost reductions Estimated charges Amounts incurred through June 28, 2015 Affected Line Item in the Consolidated Statements of (Loss)Income Loss on disposal or impairment of long-lived assets $ 59,487 $ 42,716 Loss on disposal or impairment of long-lived assets Severance expense 2,145 2,019 Sales, general and administrative expenses Lease termination and facility consolidation costs 2,682 1,246 Sales, general and administrative expenses Increase in channel inventory reserves 26,479 26,479 Revenue, net Increase in inventory reserves 11,091 11,091 Cost of revenue, net Total restructuring charges $ 101,884 $ 83,551 The Company anticipates that the remaining restructuring charges will be recognized in the first half of fiscal 2016. In the table above, the lease termination costs relate to the relocation of certain manufacturing operations from a leased facility in Huizhou, China to a company-owned facility which is also in Huizhou, China. In June 2015, the Company ceased using the leased facility and recognized a $0.5 million charge for the lease contract termination cost. In the table above, the severance expense relates to a reduction in manufacturing and support positions. There is not a significant retention period for impacted employees. The following table presents the changes in the severance liability under the LED Products restructuring plan (in thousands): Severance liability at June 30, 2014 $ — Severance expense 2,019 Severance payments — Severance liability at June 28, 2015 $ 2,019

Subsequent Event

Subsequent Event	12 Months Ended
	Jun. 28, 2015
Subsequent Events [Abstract]
Subsequent Event [Text Block]	Subsequent Event On July 8, 2015, the Company closed on the acquisition of Arkansas Power Electronics International, Inc. (APEI), a global leader in power modules and power electronics applications, pursuant to a merger agreement with APEI and certain shareholders of APEI, whereby the Company acquired all of the outstanding share capital of APEI in exchange for a base purchase price of $13.9 million , subject to certain post-closing adjustments. In addition, if certain goals are achieved over the next two years, additional cash payments totaling up to $4.6 million may be made to the former APEI shareholders. In connection with this acquisition, APEI became a wholly owned subsidiary of the Company, renamed Cree Fayetteville, Inc. (Cree Fayetteville). Cree Fayetteville will not be considered a significant subsidiary of the Company.

Quarterly Results of Operations

Quarterly Results of Operations	12 Months Ended
	Jun. 28, 2015
Quarterly Financial Data [Abstract]
Quarterly Results of Operations - Unaudited	Quarterly Results of Operations - Unaudited The following is a summary of the Company’s consolidated quarterly results of operations for each of the fiscal years ended June 28, 2015 and June 29, 2014 (in thousands, except per share data): September 28, December 28, March 29, June 28, Fiscal Year 2015 Revenue, net $427,672 $413,157 $409,519 $382,157 $1,632,505 Cost of revenue, net 291,852 276,378 284,111 305,208 1,157,549 Gross profit 135,820 136,779 125,408 76,949 474,956 Net income (loss) 11,130 12,151 651 (87,983 ) (64,051 ) Earnings (loss) per share: Basic $0.09 $0.11 $0.01 ($0.83 ) ($0.57 ) Diluted $0.09 $0.10 $0.01 ($0.83 ) ($0.57 ) September 29, December 29, March 30, June 29, Fiscal Year 2014 Revenue, net $391,006 $415,086 $405,259 $436,290 $1,647,641 Cost of revenue, net 240,249 259,308 255,265 274,024 1,028,846 Gross profit 150,757 155,778 149,994 162,266 618,795 Net income 30,497 35,681 28,164 29,849 124,191 Earnings (loss) per share: Basic $0.26 $0.30 $0.23 $0.24 $1.03 Diluted $0.25 $0.29 $0.23 $0.24 $1.01

Basis of Presentation and Sum29

Basis of Presentation and Summary of Significant Accounting Policies (Policy)	12 Months Ended
	Jun. 28, 2015
Basis of Presentation and Changes in Significant Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company, and its wholly owned subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation.
Fiscal Year	Fiscal Year The Company’s fiscal year is a 52 or 53 -week period ending on the last Sunday in the month of June. The Company’s 2015 and 2014 fiscal years were 52 -week fiscal years and the 2013 fiscal year was a 53 -week fiscal year. The Company’s 2016 fiscal year will be a 52 -week fiscal year.
Reclassifications	Reclassifications Certain prior period amounts in the accompanying consolidated financial statements have been reclassified to conform to the current year presentation. These reclassifications had no effect on previously reported net income or shareholders’ equity.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and the disclosure of contingent assets and liabilities. The Company evaluates its estimates on an ongoing basis, including those related to revenue recognition, product warranty obligations, valuation of inventories, tax related contingencies, valuation of stock-based compensation, valuation of long-lived and intangible assets, other contingencies and litigation, among others. The Company generally bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ materially from those estimates.
Segment Information	Segment Information U.S. GAAP requires segmentation based on an entity’s internal organization and reporting of revenue and operating income based upon internal accounting methods commonly referred to as the “management approach.” Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (CODM), or decision making group, in deciding how to allocate resources and in assessing performance. The Company’s CODM is its Chief Executive Officer. The Company has determined that it currently has three operating and reportable segments. The table below reflects the results of the Company’s reportable segments as reviewed by the Company’s CODM for fiscal 2015 , 2014 and 2013 . The Company used the same accounting policies to derive the segment results reported below as those used in the Company’s consolidated financial statements. The Company’s CODM does not review inter-segment transactions when evaluating segment performance and allocating resources to each segment, and inter-segment transactions are not included in the segment revenue presented in the table below. As such, total segment revenue in the table below is equal to the Company’s consolidated revenue. The Company’s CODM reviews gross profit as the lowest and only level of segment profit. As such, all items below gross profit in the Consolidated Statements of (Loss) Income must be included to reconcile the consolidated gross profit presented in the table below to the Company’s consolidated income before income taxes. In order to determine gross profit for each reportable segment, the Company allocates direct costs and indirect costs to each segment’s cost of revenue. The Company allocates indirect costs, such as employee benefits for manufacturing employees, shared facilities services, information technology, purchasing, and customer service, when the costs are identifiable and beneficial to the reportable segment. The Company allocates these indirect costs based on a reasonable measure of utilization that considers the specific facts and circumstances of the costs being allocated. Unallocated costs in the table below consisted primarily of manufacturing employees’ stock-based compensation, expenses for profit sharing and quarterly or annual incentive plans and matching contributions under the Company’s 401(k) plan. These costs were not allocated to the reportable segments' gross profit because the Company’s CODM does not review them regularly when evaluating segment performance and allocating resources.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of unrestricted cash accounts and highly liquid investments with an original maturity of three months or less when purchased. Cash and cash equivalents are stated at cost, which approximates fair value. The Company holds cash and cash equivalents at several major financial institutions, which often exceed insurance limits set by the Federal Deposit Insurance Corporation (FDIC). The Company has not historically experienced any losses due to such concentration of credit risk.
Investments	Investments Investments in certain securities may be classified into three categories: • Held-to-Maturity – Debt securities that the entity has the positive intent and ability to hold to maturity, which are reported at amortized cost. • Trading – Debt and equity securities that are bought and held principally for the purpose of selling in the near term, which are reported at fair value, with unrealized gains and losses included in earnings. • Available-for-Sale – Debt and equity securities not classified as either held-to-maturity or trading securities, which are reported at fair value with unrealized gains or losses excluded from earnings and reported as a separate component of shareholders’ equity. The Company reassesses the appropriateness of the classification (i.e. held-to-maturity, trading or available-for-sale) of its investments at the end of each reporting period. When the fair value of an investment declines below its original cost, the Company considers all available evidence to evaluate whether the decline is other-than-temporary. Among other things, the Company considers the duration and extent of the decline and economic factors influencing the capital markets. For the fiscal years ended June 28, 2015 , June 29, 2014 , and June 30, 2013 , the Company had no other-than-temporary declines below the cost basis of its investments. The Company utilizes specific identification in computing realized gains and losses on the sale of investments. Realized gains and losses on the sale of investments are reported in other income and expense. Investments in marketable securities with maturities beyond one year may be classified as short-term based on their highly liquid nature and because such marketable securities represent the investment of cash that is available for current operations. Other long-term investments consist of the Company's approximately 13% common stock ownership interest in Lextar Electronics Corporation (Lextar), which the Company acquired in December 2014. This investment is accounted for under the equity method utilizing the fair value option. The Company has determined that for its fiscal year ended June 28, 2015, Lextar has met the conditions of a significant subsidiary under Rule 1-02(w) of Regulation S-X for which the Company is required, pursuant to Rule 3-09 of Regulation S-X, to file separate financial statements as an exhibit to its Annual Report on Form 10-K. As such, separate financial statements for Lextar , prepared by Lextar and audited by its independent public accounting firm, are filed as Exhibit 99.1 to the Company's Annual Report.
Inventories	Inventories Inventories are stated at lower of cost or market, with cost determined on a first-in, first-out (FIFO) method or an average cost method; and with market not to exceed net realizable value. The Company writes down its inventory balances for estimates of excess and obsolete amounts. These write-downs are recognized as a component of cost of revenue. At the point of the write-down, a new lower-cost basis for that inventory is established, and any subsequent improvements in facts and circumstances do not result in the restoration or increase in that newly established lower-cost basis. The Company recognized charges for write-downs in inventories of $15.2 million , $5.2 million and $12.5 million , for fiscal 2015 , 2014 and 2013 , respectively.
Property and Equipment	Property and Equipment Property and equipment are stated at cost and depreciated on a straight-line basis over the assets’ estimated useful lives. Leasehold improvements are amortized over the lesser of the asset life or the life of the related lease. In general, the Company’s policy for useful lives is as follows: Machinery and equipment 3 to 15 years Buildings and building improvements 5 to 40 years Furniture and fixtures 3 to 5 years Aircraft and vehicles 5 to 20 years Leasehold improvements Shorter of estimated useful life or lease term Expenditures for repairs and maintenance are charged to expense as incurred. The costs for major renewals and improvements are capitalized and depreciated over their estimated useful lives. The cost and related accumulated depreciation of the assets are removed from the accounts upon disposition and any resulting gain or loss is reflected in operating income.
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs are included in Cost of revenue, net in the Consolidated Statements of (Loss) Income and are recognized as a period expense during the period in which they are incurred.
Goodwill and Intangible Assets	Goodwill and Intangible Assets The Company recognizes the assets acquired and liabilities assumed in business combinations at their respective fair values at the date of acquisition, with any excess purchase price recognized as goodwill. Valuation of intangible assets entails significant estimates and assumptions including, but not limited to, estimating future cash flows from product revenue, developing appropriate discount rates, continuation of customer relationships and renewal of customer contracts, and approximating the useful lives of the intangible assets acquired. Goodwill The Company recognizes goodwill as an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. The Company tests goodwill for impairment at least annually as of the first day of the fiscal fourth quarter, or when indications of potential impairment exist. The Company monitors for the existence of potential impairment indicators throughout the fiscal year. The Company conducts impairment testing for goodwill at the reporting unit level. Reporting units may be operating segments as a whole or an operation one level below an operating segment, referred to as a component. The Company has determined that its reporting units are its three operating and reportable segments. The Company may initiate goodwill impairment testing by considering qualitative factors to determine whether it is more likely than not that a reporting unit’s carrying value is greater than its fair value. Such factors may include the following, among others: a significant decline in the reporting unit ’ s expected future cash flows; a sustained, significant decline in the Company ’ s stock price and market capitalization; a significant adverse change in legal factors or in the business climate; unanticipated competition; and slower growth rates; as well as changes in management, key personnel, strategy and customers . If the Company’s qualitative assessment indicates that goodwill impairment is more likely than not, the Company performs the two-step goodwill impairment test. Alternatively, the Company may bypass the qualitative test and initiate goodwill impairment testing with the first step of the two-step goodwill impairment test. During the first step of the goodwill impairment test, the Company compares the fair value of the reporting unit to its carrying value, including goodwill. The Company derives a reporting unit ’ s fair value through a combination of the market approach (a guideline transaction method) and the income approach (a discounted cash flow analysis). The income approach utilizes a discount rate from the capital asset pricing model. If all reporting units are analyzed during the first step of the goodwill impairment test, their respective fair values are reconciled back to the Company ’ s consolidated market capitalization. If the fair value of a reporting unit exceeds its carrying value, then the Company concludes that no goodwill impairment has occurred. If the carrying value of the reporting unit exceeds its fair value, the Company performs the second step of the goodwill impairment test to measure possible goodwill impairment loss. During the second step, the Company hypothetically values the reporting unit ’ s tangible and intangible assets and liabilities as if the reporting unit had been acquired in a business combination. Then, the implied fair value of the reporting unit ’ s goodwill is compared to the carrying value of its goodwill. If the carrying value of the reporting unit ’ s goodwill exceeds the implied fair value of the goodwill, the Company recognizes an impairment loss in an amount equal to the excess, not to exceed the carrying value of the reporting unit ’ s goodwill. Once an impairment loss is recognized, the adjusted carrying value of the goodwill becomes the new accounting basis of the goodwill for the reporting unit. Indefinite-Lived Intangible Assets The Company ’ s indefinite-lived intangible assets are tested for impairment at least annually in the fiscal fourth quarter or when indications of potential impairment exist. The Company monitors for the existence of potential impairment indicators throughout the fiscal year. The Company ’ s impairment test may begin with a qualitative test to determine whether it is more likely than not that an indefinite-lived intangible asset ’ s carrying value is greater than its fair value. In performing this test, the Company may consider the following qualitative factors, among others: a significant decline in expected future cash flows; changes in industry and market conditions such as the deterioration in the environment in which the Company operates or an increased competitive environment; changes in management, key personnel, strategy, or customers; as well as other economic factors. If the Company’s qualitative assessment indicates that asset impairment is more likely than not, the Company performs a quantitative impairment test by comparing the fair value of the indefinite-lived intangible asset to its carrying value. Alternatively, the Company may bypass the qualitative test and initiate impairment testing with the quantitative impairment test. Determining the fair value of indefinite-lived intangible assets entails significant estimates and assumptions including, but not limited to, determining the timing and expected costs to complete development projects, estimating future cash flows from product revenue, developing appropriate discount rates, estimating probability rates for the successful completion of development projects, continuation of customer relationships and renewal of customer contracts, and approximating the useful lives of the intangible assets acquired. If the fair value of the indefinite-lived intangible asset exceeds its carrying value, then the Company concludes that no impairment has occurred. If the carrying value of the indefinite-lived intangible asset exceeds its fair value, the Company recognizes an impairment loss in an amount equal to the excess, not to exceed the carrying value. Once an impairment loss is recognized, the adjusted carrying value becomes the new accounting basis of the indefinite-lived intangible asset. Finite-Lived Intangible Assets U.S. GAAP requires that intangible assets, other than goodwill and indefinite-lived intangibles, must be amortized over their useful lives. The Company is currently amortizing its acquired intangible assets with finite lives over periods ranging from one to 20 years . Patent rights reflect costs incurred by the Company in applying for and maintaining patents owned by the Company and costs incurred in purchasing patents and related rights from third parties. Licensing rights reflect costs incurred by the Company in acquiring licenses under patents owned by others. The Company amortizes both on a straight-line basis over the expected useful life of the associated patent rights, which is generally the lesser of 20 years from the date of the patent application or the license period. Royalties payable under licenses for patents owned by others are generally expensed as incurred. The Company reviews its capitalized patent portfolio and recognizes impairment charges when circumstances warrant, such as when patents have been abandoned or are no longer being pursued.
Long-Lived Assets	Long-Lived Assets The Company reviews long-lived assets such as property and equipment for impairment based on changes in circumstances that indicate their carrying amounts may not be recoverable. In making these determinations, the Company uses certain assumptions, including but not limited to: (1) estimations of the fair market value of the assets and (2) estimations of future cash flows expected to be generated by these assets, which are based on additional assumptions such as asset utilization, length of service the asset will be used in the Company’s operations and estimated salvage values.
Contingent Liabilities	Contingent Liabilities The Company recognizes contingent liabilities when it is probable that an asset has been impaired or a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Disclosure in the notes to the financial statements is required for loss contingencies that do not meet both these conditions if there is a reasonable possibility that a loss may have been incurred. See Note 12, “Commitments and Contingencies,” for a discussion of loss contingencies in connection with pending and threatened litigation. The Company expenses as incurred the costs of defending legal claims against the Company.
Revenue Recognition	Revenue Recognition The Company recognizes product revenue when the earnings process is complete, as evidenced by persuasive evidence of an arrangement (typically in the form of a purchase order), when the sales price is fixed or determinable, collection of revenue is reasonably assured, and title and risk of loss have passed to the customer. The Company provides its customers with limited rights of return for non-conforming shipments and product warranty claims. The Company estimates an allowance for anticipated sales returns based upon an analysis of historical sales returns and other relevant data. The Company recognizes an allowance for non-conforming returns at the time of sale as a reduction of product revenue and as a reduction to the related accounts receivable balance. The Company recognizes a liability for product warranty claims at the time of sale as an increase to cost of revenue. A substantial portion of the Company’s products are sold through distributors. Distributors stock inventory and sell the Company’s products to their own customer base, which may include: value added resellers; manufacturers who incorporate the Company’s products into their own manufactured goods; or ultimate end users of the Company’s products. The Company recognizes revenue upon shipment of its products to its distributors. This arrangement is often referred to as a “sell-in” or “point-of-purchase” model as opposed to a “sell-through” or “point-of-sale” model, where revenue is deferred and not recognized until the distributor sells the product through to their customer. Certain of the Company’s distributors are provided limited rights that allow them to return a portion of inventory (product exchange rights or stock rotation rights) and receive credits for changes in selling prices (price protection rights) or customer pricing arrangements under the Company’s “ship and debit” program or other targeted sales incentives. These estimates are calculated based upon historical experience, product shipment analysis, current economic conditions, on-hand inventory at the distributor, and customer contractual arrangements. The Company believes that it can reasonably and reliably estimate the allowance for distributor credits at the time of sale. Accordingly, estimates for these rights are recognized at the time of sale as a reduction of product revenue and as a reduction to the related accounts receivable balance. From time to time, the Company will issue a new price book for its products, and provide a credit to certain distributors for inventory quantities on hand if required by the Company’s agreement with the distributor. This practice is known as price protection. These credits are applied against the reserve that the Company establishes upon initial shipment of product to the distributor. Under the ship and debit program, products are sold to distributors at negotiated prices and the distributors are required to pay for the products purchased within the Company’s standard commercial terms. Subsequent to the initial product purchase, a distributor may request a price allowance for a particular part number(s) for certain target customers, prior to the distributor reselling the particular part to that customer. If the Company approves an allowance and the distributor resells the product to the target customer, the Company credits the distributor according to the allowance the Company approved. These credits are applied against the reserve that the Company establishes upon initial shipment of product to the distributor. In addition, the Company runs sales incentive programs with certain distributors and retailers, such as product rebates and cooperative advertising campaigns. The Company recognizes these incentives at the time they are offered to customers and records a credit to their account with an offsetting expense as either a reduction to revenue, increase to cost of revenue, or marketing expense depending on the type of sales incentive. From time to time, the Company may enter into licensing arrangements related to its intellectual property. Revenue from licensing arrangements is recognized when earned and estimable. The timing of revenue recognition is dependent on the terms of each license agreement. Generally, the Company will recognize non-refundable upfront licensing fees related to patent licenses immediately upon receipt of the funds if the Company has no significant future obligations to perform under the arrangement. However, the Company will defer recognition for licensing fees where the Company has significant future performance requirements, the fee is not fixed (such as royalties earned as a percentage of future revenue), or the fees are otherwise contingent.
Accounts Receivable	Accounts Receivable For product revenue, the Company typically invoices its customers at the time of shipment for the sales order value of products shipped. Accounts receivable are recognized at the invoiced amount and are not subject to any interest or finance charges. The Company does not have any off-balance sheet credit exposure related to any of its customers.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts The Company evaluates the collectability of accounts receivable based on a combination of factors. In cases where the Company becomes aware of circumstances that may impair a specific customer’s ability to meet its financial obligations subsequent to the original sale, the Company will recognize an allowance against amounts due, and thereby reduce the net recognized receivable to the amount the Company reasonably believes will be collected. For all other customers, the Company recognizes an allowance for doubtful accounts based on the length of time the receivables are past due and consideration of other factors such as industry conditions, the current business environment and the Company’s historical experience.
Advertising	Advertising The Company expenses the costs of producing advertisements at the time production occurs and expenses the cost of communicating the advertising in the period in which the advertising is used. Advertising costs are included in Sales, general and administrative expenses in the Consolidated Statements of (Loss) Income and amounted to approximately $25.6 million , $26.6 million , and $18.2 million for the years ended June 28, 2015 , June 29, 2014 and June 30, 2013 , respectively.
Research and Development	Research and Development Research and development activities are expensed when incurred.
Earnings Per Share	(Loss) Earnings Per Share Basic (loss) earnings per share is computed by dividing net (loss) income by the weighted average number of shares of common stock outstanding for the applicable period. Diluted (loss) earnings per share is determined in the same manner as basic (loss) earnings per share except that the number of shares is increased to assume exercise of potentially dilutive stock options, nonvested restricted stock and contingently issuable shares using the treasury stock method, unless the effect of such increases would be anti-dilutive. Under the treasury stock method, the amount the employee must pay for exercising stock options, the amount of compensation cost for future service that the Company has not yet recognized, and the amount of tax benefits that would be recognized in additional paid-in capital when the award becomes deductible are assumed to be used to repurchase shares.
Stock-Based Compensation	Stock-Based Compensation The Company recognizes compensation expense for all share-based payments granted based on the fair value of the shares on the date of grant. Compensation expense is then recognized over the award’s vesting period. Stock-Based Compensation Valuation and Expense The Company accounts for its employee stock-based compensation plans using the fair value method. The fair value method requires the Company to estimate the grant-date fair value of its stock-based awards and amortize this fair value to compensation expense over the requisite service period or vesting term. The Company uses the Black-Scholes option-pricing model to estimate the fair value of the Company’s stock option and ESPP awards. The determination of the fair value of stock-based payment awards on the date of grant using an option-pricing model is affected by the Company’s stock price as well as assumptions regarding a number of complex and subjective variables. These variables include the expected stock price volatility over the term of the awards, actual and projected employee stock option exercise behaviors, the risk-free interest rate and expected dividends. Due to the inherent limitations of option-valuation models, future events that are unpredictable and the estimation process utilized in determining the valuation of the stock-based awards, the ultimate value realized by award holders may vary significantly from the amounts expensed in the Company’s financial statements. For RSAs and RSUs, the grant-date fair value is based upon the market price of the Company’s common stock on the date of the grant. This fair value is then amortized to compensation expense over the requisite service period or vesting term. Stock-based compensation expense is recognized net of estimated forfeitures such that expense is recognized only for those stock-based awards that are expected to vest. A forfeiture rate is estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from initial estimates.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Cash and cash equivalents, short-term investments, accounts and interest receivable, accounts payable and other liabilities approximate their fair values at June 28, 2015 and June 29, 2014 due to the short-term nature of these instruments.
Taxes	Taxes Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets are recognized for deductible temporary differences, along with net operating loss carryforwards and credit carryforwards, if it is more likely than not that the tax benefits will be realized. To the extent a deferred tax asset cannot be recognized under the preceding criteria, allowances are established. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. Taxes payable which are not based on income are accrued ratably over the period to which they apply. For example, payroll taxes are accrued each period end based upon the amount of payroll taxes that are owed as of that date; whereas taxes such as property taxes and franchise taxes are accrued over the fiscal year to which they apply if paid at the end of a period, or they are amortized ratably over the fiscal year if they are paid in advance.
Excise Taxes	Sales Taxes The Company presents sales taxes collected from customers and remitted to governmental authorities on a net basis (i.e. excluded from revenue and expenses).
Foreign Currency Translation	Foreign Currency Translation Foreign currency translation adjustments are recognized in Other comprehensive (loss) income in the Consolidated Statements of Comprehensive (Loss) Income for changes between the foreign subsidiaries’ functional currency and the United States (U.S.) dollar. Foreign currency translation gains and losses are included in the Company’s equity account balance of Accumulated other comprehensive income, net of taxes in the Consolidated Balance Sheets until such time that the subsidiaries are either sold or substantially liquidated. Because the Company and its subsidiaries transact business in currencies other than the U.S. Dollar, the Company will continue to experience varying amounts of foreign currency exchange gains and losses for subsidiaries with U.S. dollar functional currency.
Recently Adopted and Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Revenue from Contracts with Customers In May 2014, the FASB issued Accounting Standards Update (ASU) No. 2014-09: Revenue from Contracts with Customers (Topic 606). The ASU establishes a principles-based approach for accounting for revenue arising from contracts with customers and supersedes existing revenue recognition guidance. The ASU provides that an entity should apply a five-step approach for recognizing revenue, including (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, the entity satisfies a performance obligation. Also, the entity must provide various disclosures concerning the nature, amount and timing of revenue and cash flows arising from contracts with customers. The effective date will be the first quarter of the Company's fiscal year ending June 30, 2019, using one of two retrospective application methods. The Company is currently analyzing the impact of this new accounting guidance.

Financial Statement Details (Ta

Financial Statement Details (Tables)	12 Months Ended
	Jun. 28, 2015
Valuation and Qualifying Accounts Disclosure [Line Items]
Summary of the components of inventories	The following table summarizes the components of inventories (in thousands): June 28, June 29, Raw material $86,331 $95,594 Work-in-progress 93,424 92,889 Finished goods 100,821 96,297 Inventories $280,576 $284,780
Summary of the components of property and equipment, net	The following table summarizes the components of property and equipment, net (in thousands): June 28, June 29, Furniture and fixtures $12,525 $12,822 Land and buildings 367,519 355,044 Machinery and equipment 1,060,599 1,046,878 Aircraft and vehicles 10,489 16,292 Computer hardware/software 38,366 35,446 Leasehold improvements and other 6,698 18,890 Construction in progress 178,757 85,068 1,674,953 1,570,440 Accumulated depreciation (1,039,881 ) (964,727 ) Property and equipment, net $635,072 $605,713
Summary of the components of other current liabilities	The following table summarizes the components of other current liabilities (in thousands): June 28, June 29, Accrued taxes $13,935 $19,835 Accrued professional fees 10,180 5,373 Accrued warranty 13,006 5,842 Accrued other 7,087 7,936 Other current liabilities $44,208 $38,986
Summary of the components of accumulated other comprehensive income, net of taxes	The following table summarizes the components of accumulated other comprehensive income, net of taxes (in thousands): June 28, June 29, Currency translation gain $4,986 $8,549 Net unrealized gain on available-for-sale securities 812 2,856 Accumulated other comprehensive income, net of taxes $5,798 $11,405
Summary of the components of non-operating (loss) income, net	The following table summarizes the components of non-operating (loss) income, net (in thousands): Fiscal Years Ended June 28, June 29, June 30, Gain on sale of investments, net $925 $68 $111 Loss on equity method investment (22,624 ) — — Dividends from equity method investment 2,581 — — Interest income, net 9,086 11,932 7,882 Foreign currency (loss) gain, net (929 ) 45 735 Other, net 572 1,250 2,335 Non-operating (loss) income, net ($10,389 ) $13,295 $11,063
Summary of the amounts reclassified out of accumulated other comprehensive income	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 (Loss)Income Fiscal Years Ended June 28, June 29, June 30, Net unrealized gain on available-for-sale securities, net of taxes $925 $68 $107 Non-operating (loss) income, net 925 68 107 (Loss) income before income taxes 210 11 21 Income tax (benefit) expense $715 $57 $86 Net (loss) income
Summary of the changes in allowance for sales returns, discounts and other incentives [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Summary of the components of accounts receivable and allowances	The following table summarizes the changes in the Company’s allowance for sales returns, discounts and other incentives (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $29,010 $26,500 $20,681 Current period claims (148,715 ) (115,568 ) (84,983 ) Provision for sales returns, discounts and other incentives 177,799 118,078 90,802 Balance at end of period $58,094 $29,010 $26,500
Summary of the changes in the allowance for bad debts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Summary of the components of accounts receivable and allowances	The following table summarizes the changes in the Company’s allowance for bad debts (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $2,761 $2,471 $1,782 Current period provision 2,184 903 801 Write-offs, net of recoveries (4 ) (613 ) (112 ) Balance at end of period $4,941 $2,761 $2,471
Components of accounts receivable, net [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Summary of the components of accounts receivable and allowances	The following table summarizes the components of accounts receivable, net (in thousands): June 28, June 29, Billed trade receivables $246,969 $255,374 Unbilled contract receivables 2,223 1,557 249,192 256,931 Allowance for sales returns, discounts and other incentives (58,094 ) (29,010 ) Allowance for bad debts (4,941 ) (2,761 ) Accounts receivable, net $186,157 $225,160

Investments (Tables)

Investments (Tables)	12 Months Ended
	Jun. 28, 2015
Investments, Debt and Equity Securities [Abstract]
Summary of Short-term Investments by Type	The following table summarizes short-term investments (in thousands): June 29, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Municipal bonds $291,869 $2,323 ($12 ) $294,180 Corporate bonds 200,177 2,283 (114 ) 202,346 U.S. agency securities 18,994 141 — 19,135 Non-U.S. certificates of deposit 352,928 — — 352,928 Non-U.S. government securities 7,025 28 — 7,053 Total short-term investments $870,993 $4,775 ($126 ) $875,642 The following table summarizes short-term investments (in thousands): June 28, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Municipal bonds $194,123 $988 ($341 ) $194,770 Corporate bonds 152,831 832 (158 ) 153,505 U.S. agency securities — — — — Non-U.S. certificates of deposit 225,206 — — 225,206 Non-U.S. government securities — — — — Total short-term investments $572,160 $1,820 ($499 ) $573,481
Summary of Gross Unrealized Losses and Fair Value of Short-term Investments by Type and Length of Time	The following table presents the gross unrealized losses and estimated fair value of the Company’s short-term investments, aggregated by investment type and the length of time that individual securities have been in a continuous unrealized loss position (in thousands, except numbers of securities): June 29, 2014 Less than 12 Months Greater than 12 Months Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $7,906 ($8 ) $1,520 ($4 ) $9,426 ($12 ) Corporate bonds 15,696 (31 ) 13,049 (83 ) 28,745 (114 ) Total $23,602 ($39 ) $14,569 ($87 ) $38,171 ($126 ) Number of securities with an unrealized loss 13 7 20 The following table presents the gross unrealized losses and estimated fair value of the Company’s short-term investments, aggregated by investment type and the length of time that individual securities have been in a continuous unrealized loss position (in thousands, except numbers of securities): June 28, 2015 Less than 12 Months Greater than 12 Months Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Municipal bonds $53,204 ($341 ) $— $— $53,204 ($341 ) Corporate bonds 46,636 (143 ) 1,812 (15 ) 48,448 (158 ) Total $99,840 ($484 ) $1,812 ($15 ) $101,652 ($499 ) Number of securities with an unrealized loss 54 1 55
Contractual Maturities of Short-term Investments by Type	The contractual maturities of short-term investments at June 28, 2015 were as follows (in thousands): Within One Year After One, Within Five Years After Five, Within Ten Years After Ten Years Total Municipal bonds $12,575 $147,470 $34,725 $— $194,770 Corporate bonds 28,422 94,582 30,501 — 153,505 Non-U.S. certificates of deposit 225,206 — — — 225,206 Total short-term investments $266,203 $242,052 $65,226 $— $573,481

Fair Value of Financial Instr32

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Jun. 28, 2015
Fair Value Disclosures [Abstract]
Financial Instruments Carried at Fair Value	The following table sets forth financial instruments carried at fair value within the U.S. GAAP hierarchy (in thousands): June 28, 2015 June 29, 2014 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Assets: Cash equivalents Municipal bonds $ — $ — $ — $ — $ — $ — $ — $ — Non-U.S. certificates of deposit — 157 — 157 — — — — Money market funds 16,457 — — 16,457 40,031 — — 40,031 Total cash equivalents 16,457 157 — 16,614 40,031 — — 40,031 Short-term investments Municipal bonds — 194,770 — 194,770 — 294,180 — 294,180 Corporate bonds — 153,505 — 153,505 — 202,346 — 202,346 U.S. agency securities — — — — — 19,135 — 19,135 Non-U.S. certificates of deposit — 225,206 — 225,206 — 352,928 — 352,928 Non-U.S. government securities — — — — — 7,053 — 7,053 Total short-term investments — 573,481 — 573,481 — 875,642 — 875,642 Other long-term investments Common stock of non-U.S. corporations — 57,595 — 57,595 — — — — Total other long-term investments — 57,595 — 57,595 — — — — Total assets $16,457 $631,233 $— $647,690 $40,031 $875,642 $— $915,673

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jun. 28, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill by Reporting Unit	Goodwill by reporting unit as of June 28, 2015 and June 29, 2014 was as follows (in thousands): LED Products Lighting Products Power and RF Products Consolidated Total $245,857 $337,781 $32,707 $616,345
Components of Intangible Assets	The following table presents the components of intangible assets, net (in thousands): June 28, 2015 June 29, 2014 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Intangible assets with finite lives: Customer relationships $136,920 ($72,063 ) $64,857 $137,440 ($66,970 ) $70,470 Developed technology 162,760 (91,562 ) 71,198 162,760 (72,921 ) 89,839 Non-compete agreements 10,244 (7,958 ) 2,286 10,244 (5,997 ) 4,247 Trade names, finite-lived 520 (520 ) — 520 (516 ) 4 Patent and licensing rights 150,038 (50,905 ) 99,133 134,607 (42,424 ) 92,183 Total intangible assets with finite lives 460,482 (223,008 ) 237,474 445,571 (188,828 ) 256,743 Trade names, indefinite-lived 79,680 79,680 79,680 79,680 Total intangible assets $540,162 ($223,008 ) $317,154 $525,251 ($188,828 ) $336,423
Schedule of Future Amortization Expense of Finite-lived Intangible Assets	Total future amortization expense of finite-lived intangible assets is estimated to be as follows (in thousands): Fiscal Year Ending June 26, 2016 $35,331 June 25, 2017 33,297 June 24, 2018 32,085 June 30, 2019 19,533 June 28, 2020 15,578 Thereafter 101,650 Total future amortization expense $237,474

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Jun. 28, 2015
Stockholders' Equity Note [Abstract]
Shares Reserved for Future Issuance	At June 28, 2015 , the Company had reserved a total of approximately 19.4 million shares of its common stock and 0.2 million shares of its Series A preferred stock for future issuance as follows (in thousands): Number of Shares For exercise of outstanding common stock options 10,714 For vesting of outstanding stock units 774 For future equity awards under 2013 Long-Term Incentive Compensation Plan 6,233 For future issuance under the Non-Employee Director Stock Compensation and Deferral Program 100 For future issuance to employees under the 2005 Employee Stock Purchase Plan 1,607 Total common shares reserved 19,428 Series A preferred stock reserved for exercise of rights issued under shareholder rights plan 200

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Jun. 28, 2015
Earnings Per Share [Abstract]
Basic Earnings Per Share Computation	The following presents the computation of basic (loss) earnings per share (in thousands, except per share amounts): Fiscal Years Ended June 28, June 29, June 30, Basic: Net (loss) income ($64,051 ) $124,191 $86,925 Weighted average common shares 113,022 120,623 116,621 Basic (loss) earnings per share ($0.57 ) $1.03 $0.75
Diluted Earnings Per Share Computation	The following computation reconciles the differences between the basic and diluted (loss) earnings per share presentations (in thousands, except per share amounts): Fiscal Years Ended June 28, June 29, June 30, Diluted: Net (loss) income ($64,051 ) $124,191 $86,925 Weighted average common shares - basic 113,022 120,623 116,621 Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights — 2,291 1,358 Weighted average common shares - diluted 113,022 122,914 117,979 Diluted (loss) earnings per share ($0.57 ) $1.01 $0.74

Stock-Based Compensation (Table

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, June 29, June 30, 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, June 29, June 30, 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, June 29, June 30, 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 — — —

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 28, 2015
Income Tax Disclosure [Abstract]
Components of Income Before Income Taxes	The following were the components of (loss) income before income taxes (in thousands): Fiscal Years Ended June 28, June 29, June 30, Domestic ($40,603 ) $58,859 $31,046 Foreign (42,299 ) 88,711 76,511 Total (loss) income before income taxes ($82,902 ) $147,570 $107,557
Components of Income Tax Expense	The following were the components of income tax (benefit) expense (in thousands): Fiscal Years Ended June 28, June 29, June 30, Current: Federal ($12,470 ) $3,423 $483 Foreign 13,327 15,371 18,127 State 1,242 1,876 1,777 Total current 2,099 20,670 20,387 Deferred: Federal (7,100 ) 229 2,226 Foreign (12,696 ) 3,003 (177 ) State (1,154 ) (523 ) (1,804 ) Total deferred (20,950 ) 2,709 245 Income tax (benefit) expense ($18,851 ) $23,379 $20,632
Schedule of Effective Income Tax Rate and Amount Reconciliation	Actual income tax (benefit) expense differed from the amount computed by applying the U.S. federal tax rate of 35% to pre-tax earnings as a result of the following (in thousands, except percentages): Fiscal Years Ended June 28, % of Loss June 29, % of Income June 30, % of Income Federal income tax provision at statutory rate ($29,016 ) 35% $51,645 35% $37,645 35% (Decrease) increase in income tax expense resulting from: State tax provision, net of federal benefit (797 ) 1% 2,550 2% 1,146 1% State tax credits (585 ) 1% (1,004 ) (1)% (1,407 ) (1)% Tax exempt interest (2,413 ) 3% (815 ) —% (853 ) (1)% 48C investment tax credit (6,826 ) 8% (11,310 ) (8)% (5,252 ) (5)% (Decrease) increase in tax reserve (225 ) —% 15,411 10% (361 ) —% Change in tax depreciation methodology — —% (18,475 ) (12)% — —% Research and development credits (2,081 ) 3% (1,574 ) (1)% (2,426 ) (2)% Decrease in valuation allowance — —% (20 ) —% (6 ) —% Qualified production activities deduction (520 ) 1% (2,362 ) (1)% (866 ) (1)% Stock-based compensation 2,988 (4)% 2,024 1% 1,206 1% Statutory rate differences 18,732 (23)% (14,285 ) (10)% (10,184 ) (10)% Foreign earnings taxed in U.S. 2,697 (3)% — —% — —% Other (805 ) 1% 1,594 1% 1,990 2% Income tax (benefit) expense ($18,851 ) 23% $23,379 16% $20,632 19%
Schedule of Tax Effects of Temporary Differences that Give Rise to Significant Portions of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities were as follows (in thousands): June 28, June 29, Deferred tax assets: Compensation $1,864 $4,843 Inventories 23,172 18,672 Sales return reserve and allowance for bad debts 8,266 4,801 Warranty reserve 5,042 1,416 Federal and state net operating loss carryforwards 7,237 704 Federal credits 3,688 4,971 State credits 2,573 3,016 48C investment tax credits 14,980 22,731 Investments 953 958 Stock-based compensation 40,291 31,102 Deferred revenue 4,850 5,719 Other 2,034 876 Total gross deferred assets 114,950 99,809 Less valuation allowance (1,485 ) (1,571 ) Deferred tax assets, net 113,465 98,238 Deferred tax liabilities: Property and equipment (13,337 ) (25,660 ) Intangible assets (59,840 ) (52,462 ) Investments (505 ) (1,792 ) Prepaid taxes and other (1,350 ) (1,083 ) Foreign earnings recapture (2,524 ) — Total gross deferred liability (77,556 ) (80,997 ) Deferred tax asset, net $35,909 $17,241
Components Giving Rise to Net Deferred Tax Assets (Liabilities) Included in Accompanying Consolidated Balance Sheet	The components giving rise to the net deferred tax assets (liabilities) have been included in the Consolidated Balance Sheets as follows (in thousands): Balance at June 28, 2015 Assets Liabilities Current Noncurrent Current Noncurrent U.S. federal income taxes $23,231 $52 $— ($10,878 ) Foreign income taxes 15,959 8,841 — (1,296 ) Total net deferred tax assets/(liabilities) $39,190 $8,893 * $— ($12,174 ) Balance at June 29, 2014 Assets Liabilities Current Noncurrent Current Noncurrent U.S. federal income taxes $17,324 $— $— ($10,948 ) Foreign income taxes 12,090 — — (1,225 ) Total net deferred tax assets/(liabilities) $29,414 $— $— ($12,173 ) * This amount is included in Other assets in the Consolidated Balance Sheets.
Reconciliation of the Change in Uncertain Tax Positions	The following is a tabular reconciliation of the Company’s change in uncertain tax positions (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $18,389 $2,732 $4,421 Increases related to prior year tax positions — 18,040 546 Decreases related to prior year tax positions (407 ) (741 ) — Expiration of statute of limitations for assessment of taxes (187 ) (1,642 ) (2,235 ) Balance at end of period $17,795 $18,389 $2,732 The Company’s policy is to include interest and penalties related to unrecognized tax benefits within the Income tax (benefit) expense line item in the Consolidated Statements of (Loss) Income. Total interest and penalties accrued were as follows (in thousands): June 28, June 29, Accrued interest and penalties $10 $104 Total interest and penalties recognized were as follows (in thousands): Fiscal Years Ended June 28, June 29, June 30, Recognized interest and penalties (benefit) ($94 ) ($51 ) ($130 )

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 28, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Product Warranty Liability	The following table summarizes the changes in the Company’s product warranty liabilities (in thousands): Fiscal Years Ended June 28, June 29, June 30, Balance at beginning of period $6,822 $6,171 $5,513 Warranties accrued in current period 9,242 4,256 1,533 Recall costs accrued in current period 5,418 — — Changes in estimates for pre-existing warranties — 907 71 Expenditures (7,514 ) (4,512 ) (946 ) Balance at end of period $13,968 $6,822 $6,171
Future Minimum Rental Payments	Future minimum rental payments as of June 28, 2015 (under leases currently in effect) are as follows (in thousands): Fiscal Years Ending Minimum Rental Amount June 26, 2016 $3,930 June 25, 2017 3,253 June 24, 2018 1,853 June 30, 2019 777 June 28, 2020 436 Thereafter 498 Total future minimum rental payments $10,747

Reportable Segments (Tables)

Reportable Segments (Tables)	12 Months Ended
	Jun. 28, 2015
Segment Reporting [Abstract]
Schedule of revenues, gross profit and gross margin, by segment	Revenue, gross profit and gross margin for each of the Company's segments were as follows (in thousands, except percentages): Revenue Gross Profit and Gross Margin Year Ended Year Ended June 28, June 29, 2014 June 30, 2013 June 28, 2015 June 29, 2014 June 30, 2013 Lighting Products $ 906,502 $ 706,425 $ 495,089 $ 235,542 $ 197,304 $ 148,947 Lighting Products gross margin 26 % 28 % 30 % LED Products 602,082 833,684 801,483 190,912 381,003 344,649 LED Products gross margin 32 % 46 % 43 % Power and RF Products 123,921 107,532 89,410 67,764 60,723 48,127 Power and RF Products gross margin 55 % 56 % 54 % Total segment reporting $1,632,505 $1,647,641 $1,385,982 494,218 639,030 541,723 Unallocated costs (19,262 ) (20,235 ) (18,463 ) Consolidated gross profit $474,956 $618,795 $523,260 Consolidated gross margin 29 % 38 % 38 %
Schedule of inventories, by segment	Inventories for each of the Company's segments were as follows (in thousands): June 28, 2015 June 29, 2014 Lighting Products $ 150,755 $ 148,757 LED Products 114,203 123,249 Power and RF Products 11,536 8,019 Total segment inventories 276,494 280,025 Unallocated inventories 4,082 4,755 Consolidated inventories $280,576 $284,780
Schedule of percentage of revenues from external customers by geographic area	The following table sets forth the percentage of revenue from external customers by geographic area: For the Years Ended June 28, 2015 June 29, 2014 June 30, 2013 United States 57 % 49 % 44 % China 21 % 27 % 28 % Europe 9 % 9 % 12 % South Korea 1 % 2 % 2 % Japan 4 % 6 % 7 % Malaysia 1 % 1 % 1 % Taiwan 1 % 1 % 2 % Other 6 % 5 % 4 % Total percentage of revenue 100 % 100 % 100 %
Schedule of tangible long-lived assets by country	The following table sets forth the Company’s tangible long-lived assets by country (in thousands): June 28, June 29, United States $502,579 $449,359 China 131,140 154,881 Other 1,353 1,473 Total tangible long-lived assets $635,072 $605,713

Costs Associated with LED Bus40

Costs Associated with LED Business Restructuring Costs Associated with LED Business Restucturing (Tables)	12 Months Ended
	Jun. 28, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	The following table summarizes the actual and planned charges incurred through June 28, 2015 (in thousands): Capacity and overhead cost reductions Estimated charges Amounts incurred through June 28, 2015 Affected Line Item in the Consolidated Statements of (Loss)Income Loss on disposal or impairment of long-lived assets $ 59,487 $ 42,716 Loss on disposal or impairment of long-lived assets Severance expense 2,145 2,019 Sales, general and administrative expenses Lease termination and facility consolidation costs 2,682 1,246 Sales, general and administrative expenses Increase in channel inventory reserves 26,479 26,479 Revenue, net Increase in inventory reserves 11,091 11,091 Cost of revenue, net Total restructuring charges $ 101,884 $ 83,551
Severance Liability [Table Text Block]	The following table presents the changes in the severance liability under the LED Products restructuring plan (in thousands): Severance liability at June 30, 2014 $ — Severance expense 2,019 Severance payments — Severance liability at June 28, 2015 $ 2,019

Quarterly Results of Operatio41

Quarterly Results of Operations (Tables)	12 Months Ended
	Jun. 28, 2015
Quarterly Financial Data [Abstract]
Quarterly Results of Operations	The following is a summary of the Company’s consolidated quarterly results of operations for each of the fiscal years ended June 28, 2015 and June 29, 2014 (in thousands, except per share data): September 28, December 28, March 29, June 28, Fiscal Year 2015 Revenue, net $427,672 $413,157 $409,519 $382,157 $1,632,505 Cost of revenue, net 291,852 276,378 284,111 305,208 1,157,549 Gross profit 135,820 136,779 125,408 76,949 474,956 Net income (loss) 11,130 12,151 651 (87,983 ) (64,051 ) Earnings (loss) per share: Basic $0.09 $0.11 $0.01 ($0.83 ) ($0.57 ) Diluted $0.09 $0.10 $0.01 ($0.83 ) ($0.57 ) September 29, December 29, March 30, June 29, Fiscal Year 2014 Revenue, net $391,006 $415,086 $405,259 $436,290 $1,647,641 Cost of revenue, net 240,249 259,308 255,265 274,024 1,028,846 Gross profit 150,757 155,778 149,994 162,266 618,795 Net income 30,497 35,681 28,164 29,849 124,191 Earnings (loss) per share: Basic $0.26 $0.30 $0.23 $0.24 $1.03 Diluted $0.25 $0.29 $0.23 $0.24 $1.01

Business Narrative (Details)

Business Narrative (Details)	12 Months Ended
	Jun. 28, 2015reportable_segments
Business [Abstract]
Number of Reportable Segments	3

Basis of Presentation and Sum43

Basis of Presentation and Summary of Significant Accounting Policies (Details) $ in Millions	12 Months Ended
	Jun. 28, 2015USD ($)reportable_segmentsoperating_segments	Jun. 29, 2014USD ($)	Jun. 30, 2013USD ($)	Jun. 24, 2012
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Equity Method Investment, Ownership Percentage	13.00%
Fiscal Year Weeks	364 days	364 days	371 days	364 days
Number of Reportable Segments | reportable_segments	3
Charges for write-downs in inventories	$ 15.2	$ 5.2	$ 12.5
Number of Operating Segments | operating_segments	3
Advertising costs	$ 25.6	$ 26.6	$ 18.2
Leasehold improvements [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property and equipment estimated useful lives	Shorter of estimated useful life or lease term
Minimum [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Fiscal Year Weeks	364 days
Finite-Lived Intangible Asset, Useful Life	1 year
Minimum [Member] | Machinery and equipment [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] | Buildings and building improvements [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Minimum [Member] | Furniture and fixtures [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Minimum [Member] | Aircraft and vehicles [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Fiscal Year Weeks	371 days
Finite-Lived Intangible Asset, Useful Life	20 years
Maximum [Member] | Machinery and equipment [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	15 years
Maximum [Member] | Buildings and building improvements [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Maximum [Member] | Furniture and fixtures [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Maximum [Member] | Aircraft and vehicles [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Patents [Member] | Maximum [Member]
Basis of Presentation and Changes in Significant Accounting Policies [Line Items]
Finite-Lived Intangible Asset, Useful Life	20 years

Financial Statement Details (Su

Financial Statement Details (Summary of the Components of Accounts Receivable, Net) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013	Jun. 24, 2012
Accounts Receivable, Net [Abstract]
Receivables, gross	$ 249,192	$ 256,931
Allowance for bad debts	(4,941)	(2,761)
Accounts receivable, net	186,157	225,160
Billed trade receivables [Member]
Accounts Receivable, Net [Abstract]
Receivables, gross	246,969	255,374
Unbilled contract receivables [Member]
Accounts Receivable, Net [Abstract]
Receivables, gross	2,223	1,557
Sales Returns, Discounts and Other Incentives [Member]
Accounts Receivable, Net [Abstract]
Allowance for sales returns, discounts and other incentives	$ (58,094)	$ (29,010)	$ (26,500)	$ (20,681)

Financial Statement Details (45

Financial Statement Details (Summary of Changes in Allowance for Sales Returns and Other Incentives) (Details) - Sales Returns, Discounts and Other Incentives [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at beginning of period	$ 29,010	$ 26,500	$ 20,681
Current period claims	(148,715)	(115,568)	(84,983)
Provision for sales returns, discounts and other incentives	177,799	118,078	90,802
Balance at end of period	$ 58,094	$ 29,010	$ 26,500

Financial Statement Details (Ro

Financial Statement Details (Rollforward of Allowance for Bad Debts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at beginning of period	$ 2,761
Balance at end of period	4,941	$ 2,761
Allowance for Bad Debts [Member]
Allowance for Doubtful Accounts Receivable [Roll Forward]
Balance at beginning of period	2,761	2,471	$ 1,782
Current period provision	2,184	903	801
Write-offs, net of recoveries	(4)	(613)	(112)
Balance at end of period	$ 4,941	$ 2,761	$ 2,471

Financial Statement Details (47

Financial Statement Details (Summary of the Components of Inventories) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Inventory, Net [Abstract]
Raw material	$ 86,331	$ 95,594
Work-in-progress	93,424	92,889
Finished goods	100,821	96,297
Inventories	$ 280,576	$ 284,780

Financial Statement Details (Co

Financial Statement Details (Components of Property and Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 1,674,953	$ 1,570,440
Accumulated depreciation	(1,039,881)	(964,727)
Property and equipment, net	635,072	605,713
Depreciation of property and equipment	136,300	125,300	$ 115,500
Losses on disposals or impairments of property and equipment	44,300	1,300	$ 1,900
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	12,525	12,822
Land and Buildings [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	367,519	355,044
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	1,060,599	1,046,878
Transportation Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	10,489	16,292
Computer Hardware/Software [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	38,366	35,446
Leasehold Improvements and Other [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	6,698	18,890
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 178,757	$ 85,068

Financial Statement Details Fin

Financial Statement Details Financial Statement Details (Summary of the Components of Other Current Liabilities) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Financial Statement Details [Abstract]
Accrued taxes	$ 13,935	$ 19,835
Accrued professional fees	10,180	5,373
Accrued warranty	13,006	5,842
Accrued other	7,087	7,936
Other current liabilities	$ 44,208	$ 38,986

Financial Statement Details F50

Financial Statement Details Financial Statement Details (Components of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Financial Statement Details [Abstract]
Currency translation gain	$ 4,986	$ 8,549
Net unrealized gain on available-for-sale securities	812	2,856
Accumulated other comprehensive income, net of taxes	$ 5,798	$ 11,405

Financial Statement Details F51

Financial Statement Details Financial Statement Details (Components of Non-Operating Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Financial Statement Details [Abstract]
Gain on sale of investments, net	$ 925	$ 68	$ 111
Loss on equity method investment	(22,624)	0	0
Dividends from equity method investment	2,581	0	0
Interest income, net	9,086	11,932	7,882
Foreign currency (loss) gain, net	(929)	45	735
Other, net	572	1,250	2,335
Non-operating (loss) income, net	$ (10,389)	$ 13,295	$ 11,063

Financial Statement Details F52

Financial Statement Details Financial Statement Details (Amount Reclassified Out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 29, 2013	Sep. 29, 2013	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Non-operating (loss) income, net									$ (10,389)	$ 13,295	$ 11,063
(Loss) income before income taxes									(82,902)	147,570	107,557
Income tax (benefit) expense									(18,851)	23,379	20,632
Net income (loss)	$ (87,983)	$ 651	$ 12,151	$ 11,130	$ 29,849	$ 28,164	$ 35,681	$ 30,497	(64,051)	124,191	86,925
Accumulated Net Unrealized Investment Gain (Loss) [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Non-operating (loss) income, net									925	68	107
(Loss) income before income taxes									925	68	107
Income tax (benefit) expense									210	11	21
Net income (loss)									$ 715	$ 57	$ 86

Investments (Summary of Marketa

Investments (Summary of Marketable Investments by Type) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 572,160	$ 870,993
Gross Unrealized Gains	1,820	4,775
Gross Unrealized Losses	(499)	(126)
Estimated Fair Value	573,481	875,642
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	194,123	291,869
Gross Unrealized Gains	988	2,323
Gross Unrealized Losses	(341)	(12)
Estimated Fair Value	194,770	294,180
Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	152,831	200,177
Gross Unrealized Gains	832	2,283
Gross Unrealized Losses	(158)	(114)
Estimated Fair Value	153,505	202,346
U.S. agency securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	0	18,994
Gross Unrealized Gains	0	141
Gross Unrealized Losses	0	0
Estimated Fair Value	0	19,135
Non-U.S. certificates of deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	225,206	352,928
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	225,206	352,928
Non-U.S. government securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	0	7,025
Gross Unrealized Gains	0	28
Gross Unrealized Losses	0	0
Estimated Fair Value	$ 0	$ 7,053

Investments (Schedule of Invest

Investments (Schedule of Investment Securities, Aggregated by Investment Type and Length of Time) (Details) $ in Thousands	12 Months Ended
	Jun. 28, 2015USD ($)	Jun. 29, 2014USD ($)	Jun. 30, 2013USD ($)
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 Months	$ 99,840	$ 23,602
Unrealized Loss, Less than 12 Months	(484)	(39)
Fair Value, Greater than 12 Months	1,812	14,569
Unrealized Loss, Greater than 12 Months	(15)	(87)
Fair Value, Total	101,652	38,171
Unrealized Loss, Total	$ (499)	$ (126)
Number of securities with an unrealized loss, Less than 12 Months	54	13
Number of securities with an unrealized loss, Greater than 12 Months	1	7
Number of securities with an unrealized loss, Total	55	20
Available-for-sale Securities, Gross Realized Gain (Loss)	$ 925	$ 68	$ 111
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 Months	53,204	7,906
Unrealized Loss, Less than 12 Months	(341)	(8)
Fair Value, Greater than 12 Months	0	1,520
Unrealized Loss, Greater than 12 Months	0	(4)
Fair Value, Total	53,204	9,426
Unrealized Loss, Total	(341)	(12)
Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Fair Value, Less than 12 Months	46,636	15,696
Unrealized Loss, Less than 12 Months	(143)	(31)
Fair Value, Greater than 12 Months	1,812	13,049
Unrealized Loss, Greater than 12 Months	(15)	(83)
Fair Value, Total	48,448	28,745
Unrealized Loss, Total	$ (158)	$ (114)

Investments (Contractual Maturi

Investments (Contractual Maturities of Marketable Investments) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Schedule of Available-for-sale Securities [Line Items]
Within One Year	$ 266,203
After One, Within Five Years	242,052
After Five, Within Ten Years	65,226
After Ten Years	0
Total	573,481	$ 875,642
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Within One Year	12,575
After One, Within Five Years	147,470
After Five, Within Ten Years	34,725
After Ten Years	0
Total	194,770
Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Within One Year	28,422
After One, Within Five Years	94,582
After Five, Within Ten Years	30,501
After Ten Years	0
Total	153,505
Non-U.S. certificates of deposit [Member]
Schedule of Available-for-sale Securities [Line Items]
Within One Year	225,206
After One, Within Five Years	0
After Five, Within Ten Years	0
After Ten Years	0
Total	$ 225,206

Fair Value of Financial Instr56

Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Assets, Level 1 to Level 2 Transfers, Amount	$ 0
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount	0
Assets, Fair Value Disclosure [Abstract]
Short-term investments	573,481	$ 875,642
Long-term Investments	57,595	0
Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	16,614	40,031
Short-term investments	573,481	875,642
Long-term Investments	57,595	0
Total assets	647,690	915,673
Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	16,457	40,031
Short-term investments	0	0
Long-term Investments	0	0
Total assets	16,457	40,031
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	157	0
Short-term investments	573,481	875,642
Long-term Investments	57,595	0
Total assets	631,233	875,642
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Short-term investments	0	0
Long-term Investments	0	0
Total assets	0	0
Municipal bonds
Assets, Fair Value Disclosure [Abstract]
Short-term investments	194,770	294,180
Municipal bonds | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	194,770	294,180
Municipal bonds | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Municipal bonds | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	194,770	294,180
Municipal bonds | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Corporate bonds
Assets, Fair Value Disclosure [Abstract]
Short-term investments	153,505	202,346
Corporate bonds | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	153,505	202,346
Corporate bonds | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Corporate bonds | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	153,505	202,346
Corporate bonds | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
U.S. agency securities
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	19,135
U.S. agency securities | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	19,135
U.S. agency securities | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
U.S. agency securities | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	19,135
U.S. agency securities | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Non-U.S. certificates of deposit
Assets, Fair Value Disclosure [Abstract]
Short-term investments	225,206	352,928
Non-U.S. certificates of deposit | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	225,206	352,928
Non-U.S. certificates of deposit | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Non-U.S. certificates of deposit | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	225,206	352,928
Non-U.S. certificates of deposit | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Non-U.S. government securities
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	7,053
Non-U.S. government securities | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	7,053
Non-U.S. government securities | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Non-U.S. government securities | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	7,053
Non-U.S. government securities | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Short-term investments	0	0
Common stock of non-U.S. corporations | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Long-term Investments	57,595	0
Common stock of non-U.S. corporations | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Long-term Investments	0	0
Common stock of non-U.S. corporations | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Long-term Investments	57,595	0
Common stock of non-U.S. corporations | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Long-term Investments	0	0
Non-U.S. certificates of deposit | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	157	0
Non-U.S. certificates of deposit | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Non-U.S. certificates of deposit | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	157	0
Non-U.S. certificates of deposit | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Municipal bonds | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Municipal bonds | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Municipal bonds | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Municipal bonds | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Money market funds | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	16,457	40,031
Money market funds | Quoted Prices in Active Markets for Identical Items (Level 1) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	16,457	40,031
Money market funds | Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	0	0
Money market funds | Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Measurements, Recurring [Member]
Assets, Fair Value Disclosure [Abstract]
Cash equivalents	$ 0	$ 0

Goodwill and Intangible Asset57

Goodwill and Intangible Assets Goodwill and Intangible Assets (Schedule of Goodwill by Reportable Segment) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Goodwill [Line Items]
Goodwill	$ 616,345	$ 616,345
LED Products [Member]
Goodwill [Line Items]
Goodwill	245,857	245,857
Lighting Products [Member]
Goodwill [Line Items]
Goodwill	337,781	337,781
Power and RF Products [Member]
Goodwill [Line Items]
Goodwill	$ 32,707	$ 32,707

Goodwill and Intangible Asset58

Goodwill and Intangible Assets (Components of Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Intangible Assets [Line Items]
Gross finite-lived intangible assets	$ 460,482	$ 445,571
Accumulated amortization	(223,008)	(188,828)
Finite-Lived Intangible Assets, Net	237,474	256,743
Trade names, indefinite-lived	79,680	79,680
Finite and Indefinite-lived Intangible Assets, Gross	540,162	525,251
Total intangible assets	317,154	336,423
Customer Relationships [Member]
Intangible Assets [Line Items]
Gross finite-lived intangible assets	136,920	137,440
Accumulated amortization	(72,063)	(66,970)
Finite-Lived Intangible Assets, Net	64,857	70,470
Developed Technology [Member]
Intangible Assets [Line Items]
Gross finite-lived intangible assets	162,760	162,760
Accumulated amortization	(91,562)	(72,921)
Finite-Lived Intangible Assets, Net	71,198	89,839
Non-compete Agreements [Member]
Intangible Assets [Line Items]
Gross finite-lived intangible assets	10,244	10,244
Accumulated amortization	(7,958)	(5,997)
Finite-Lived Intangible Assets, Net	2,286	4,247
Trade Names, Finite-lived [Member]
Intangible Assets [Line Items]
Gross finite-lived intangible assets	520	520
Accumulated amortization	(520)	(516)
Finite-Lived Intangible Assets, Net	0	4
Patent and Licensing Rights [Member]
Intangible Assets [Line Items]
Gross finite-lived intangible assets	150,038	134,607
Accumulated amortization	(50,905)	(42,424)
Finite-Lived Intangible Assets, Net	$ 99,133	$ 92,183

Goodwill and Intangible Asset59

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 36,000	$ 37,700	$ 37,800
Investments in intangible assets	19,491	20,183	20,858
Impairment charges related to patent portfolio	$ 3,400	$ 1,400	$ 1,600

Goodwill and Intangible Asset60

Goodwill and Intangible Assets (Schedule of Future Amortization Expense of Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
June 26, 2016	$ 35,331
June 25, 2017	33,297
June 24, 2018	32,085
June 30, 2019	19,533
June 28, 2020	15,578
Thereafter	101,650
Future amortization expense of intangible assets, total	$ 237,474	$ 256,743

Long-term Debt Long-term Debt (

Long-term Debt Long-term Debt (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jan. 08, 2015	Jun. 29, 2014
Long-term Debt, Unclassified [Abstract]
Line of Credit Facility, Maximum Borrowing Capacity	$ 500,000	$ 150,000
Long-term Line of Credit, Noncurrent	200,000		$ 0
Line of Credit Facility, Remaining Borrowing Capacity	$ 300,000
Long-term Debt, Average Interest Rate	0.95%
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.09%

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended	5 Months Ended	12 Months Ended			152 Months Ended	174 Months Ended
	May. 29, 2002	Jun. 28, 2015	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013	Feb. 10, 2015	Jun. 28, 2015
Class of Stock [Line Items]
Repurchased shares			16,000				28,400
Treasury stock acquired, average price per share			$ 34.33				$ 30.07
Aggregate value of repurchased shares			$ (549,677)	$ (108,109)	$ (1,667)		$ (855,100)
Stock purchase right, rate to share of common stock	one
Acquiring Person beneficial ownership percentage		18.00%				15.00%
Common stock [Member]
Class of Stock [Line Items]
Shares of common stock reserved for future issuance		19,428	19,428				19,428
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Shares of Series A preferred stock reserved for future issuance		200	200				200
June 28, 2015 Expiration [Member] | Common stock [Member]
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount		$ 550,000	$ 550,000				$ 550,000
June 26, 2016 Expiration [Member] | Common stock [Member]
Class of Stock [Line Items]
Stock Repurchase Program, Authorized Amount		$ 500,000	$ 500,000				$ 500,000

Shareholders' Equity (Shares Re

Shareholders' Equity (Shares Reserved for Future Issuance) (Details) shares in Thousands	Jun. 28, 2015shares
2013 Long-Term Incentive Compensation Plan [Member]
Class of Stock [Line Items]
Reserved for future issuance of shares	6,233
Non-Employee Director Stock Compensation And Deferral Program [Member]
Class of Stock [Line Items]
Reserved for future issuance of shares	100
Employee Stock Purchase Plan [Member]
Class of Stock [Line Items]
Reserved for future issuance of shares	1,607
Common stock [Member]
Class of Stock [Line Items]
Reserved for exercise of outstanding common stock options	10,714
Total common shares reserved	19,428
Restricted Stock Units (RSUs) [Member]
Class of Stock [Line Items]
Reserved for vesting of outstanding stock units	774
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Series A preferred stock reserved for exercise of rights issued under shareholder rights plan	200

Earnings Per Share (Basic Earni

Earnings Per Share (Basic Earnings Per Share Computation) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 29, 2013	Sep. 29, 2013	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]
Net income (loss)	$ (87,983)	$ 651	$ 12,151	$ 11,130	$ 29,849	$ 28,164	$ 35,681	$ 30,497	$ (64,051)	$ 124,191	$ 86,925
Weighted average common shares									113,022	120,623	116,621
Basic (loss) earnings per share	$ (0.83)	$ 0.01	$ 0.11	$ 0.09	$ 0.24	$ 0.23	$ 0.30	$ 0.26	$ (0.57)	$ 1.03	$ 0.75

Earnings Per Share (Diluted Ear

Earnings Per Share (Diluted Earnings Per Share Computation) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 29, 2013	Sep. 29, 2013	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]
Net income (loss)	$ (87,983)	$ 651	$ 12,151	$ 11,130	$ 29,849	$ 28,164	$ 35,681	$ 30,497	$ (64,051)	$ 124,191	$ 86,925
Weighted average common shares - basic									113,022	120,623	116,621
Dilutive effect of stock options, nonvested shares and Employee Stock Purchase Plan purchase rights									0	2,291	1,358
Weighted average common shares - diluted									113,022	122,914	117,979
Diluted (loss) earnings per share	$ (0.83)	$ 0.01	$ 0.10	$ 0.09	$ 0.24	$ 0.23	$ 0.29	$ 0.25	$ (0.57)	$ 1.01	$ 0.74

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares shares in Millions	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Common stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive potential common shares excluded from diluted earnings per share calculation	7	2.6	2.4

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Jun. 28, 2015USD ($)plansshares	Jun. 26, 2015$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price of common stock | $ / shares		$ 27
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum contribution of employee's compensation, percentage	15.00%
Employee stock plan purchase price of fair value, percentage	15.00%
Number of Times Employees Can Purchase Stock Per year	2
Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price,Beginning of Participation Period or Purchase Date	15.00%
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 54.1
Unrecognized compensation cost expected to be recognized, weighted average period (in years)	1 year 7 months 10 days
Restricted Stock Awards And Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost | $	$ 24.8
Unrecognized compensation cost expected to be recognized, weighted average period (in years)	2 years
2013 Long-Term Incentive Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of equity-based compensation plans | plans	1
Shares authorized for issuance	9,900
Shares reserved for future issuance	6,233
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for issuance	4,500
Shares reserved for future issuance	1,607

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Outstanding Option Awards) (Details) - Jun. 28, 2015 - Stock Options [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	Total
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding Number of Shares at June 29, 2014	8,922
Granted, Number of Shares	3,446
Exercised, Number of Shares	(740)
Forfeited or expired, Number of Shares	(914)
Outstanding Number of Shares at June 28, 2015	10,714
Vested or expected to vest, Number of Shares at June 28, 2015	10,495
Exercisable, Number of Shares at June 28, 2015	5,085
Outstanding, Weighted-Average Exercise Price at June 29, 2014	$ 41.85
Granted, Weighted-Average Exercise Price	44.47
Exercised, Weighted-Average Exercise Price	28.52
Forfeited or expired, Weighted-Average Exercise Price	47.79
Outstanding, Weighted-Average Exercised Price at June 28, 2015	43.10
Vested or expected to vest, Weighted-Average Exercise Price at June 28, 2015	43.05
Exercisable, Weighted-Average Exercise Price at June 28, 2015	$ 40.79
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	4 years 5 months 16 days
Vested or expected to vest, Weighted-Average Remaining Contractual Term at June 28, 2015	4 years 5 months 5 days
Exercisable, Weighted-Average Remaining Contractual Term at June 28, 2015	3 years 2 months 19 days
Outstanding, Total Intrinsic Value at June 28, 2015	$ 1,058
Vested or expected to vest, Total Intrinsic Value at June 28, 2015	1,058
Exercisable, Total Intrinsic Value at June 28, 2015	$ 1,019

Stock-Based Compensation (Sum69

Stock-Based Compensation (Summary of Stock Options Outstanding and Exercisable) (Details) - Jun. 28, 2015 - $ / shares shares in Thousands	Total
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number	10,714
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	4 years 5 months 16 days
Options Outstanding, Weighted Average Exercise Price	$ 43.10
Options Exercisable, Number	5,085
Options Exercisable, Weighted Average Exercise Price	$ 40.79
$0.01 to $30.92
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number	3,246
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	3 years 7 months 24 days
Options Outstanding, Weighted Average Exercise Price	$ 28.52
Options Exercisable, Number	2,420
Options Exercisable, Weighted Average Exercise Price	$ 28.76
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit	0.01
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit	$ 30.92
$30.93 to $43.94
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number	803
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	3 years 11 days
Options Outstanding, Weighted Average Exercise Price	$ 35.84
Options Exercisable, Number	551
Options Exercisable, Weighted Average Exercise Price	$ 35.86
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit	30.93
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit	$ 43.94
$43.95 to $45.13
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number	2,756
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	6 years 1 month 17 days
Options Outstanding, Weighted Average Exercise Price	$ 45.13
Options Exercisable, Number	3
Options Exercisable, Weighted Average Exercise Price	$ 45.13
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit	43.95
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit	$ 45.13
$45.14 to $54.26
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number	286
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	4 years 7 months 6 days
Options Outstanding, Weighted Average Exercise Price	$ 48.68
Options Exercisable, Number	131
Options Exercisable, Weighted Average Exercise Price	$ 48.82
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit	45.14
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit	$ 54.26
$54.27 to $75.55
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Number	3,623
Options Outstanding, Weighted Average Remaining Contractual Life (Years)	4 years 2 months 16 days
Options Outstanding, Weighted Average Exercise Price	$ 55.80
Options Exercisable, Number	1,980
Options Exercisable, Weighted Average Exercise Price	$ 56.31
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit	54.27
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit	$ 75.55

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule of Other Information Pertaining to Stock-Based Awards of Options) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Share-based Compensation [Abstract]
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

Stock-Based Compensation (Sum71

Stock-Based Compensation (Summary of Nonvested Shares of Restricted Stock Awards and Restricted Stock Units Outstanding) (Details) - 12 months ended Jun. 28, 2015 - Restricted Stock Awards And Restricted Stock Units [Member] - $ / shares shares in Thousands	Total
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested, Number of RSAs/RSUs, Beginning of period	860
Granted, Number of RSAs/RSUs	481
Vested, Number of RSAs/RSUs	(351)
Forfeited, Number of RSAs/RSUs	(64)
Nonvested, Number of RSAs/RSUs, End of period	926
Nonvested, Weighted-Average Grant-Date Fair Value, Beginning of period	$ 46.81
Granted, Weighted-Average Grant-Date Fair Value	43.97
Vested, Weighted-Average Grant-Date Fair Value	46.28
Forfeited, Weighted-Average Grant-Date Fair Value	47.77
Nonvested, Weighted-Average Grant-Date Fair Value, End of period	$ 45.47

Stock-Based Compensation (Total

Stock-Based Compensation (Total Stock-Based Compensation Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Employee Service share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 64,299	$ 61,686	$ 53,899
Cost of Revenue, Net [Member]
Employee Service share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	12,838	11,353	9,389
Research and Development [Member]
Employee Service share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	16,521	15,392	13,429
Sales, General and Administrative [Member]
Employee Service share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense	$ 34,940	$ 34,941	$ 31,081

Stock-Based Compensation (Sch73

Stock-Based Compensation (Schedule of Weighted Average Assumptions Utilized to Value Stock Option Grants) (Details)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Share-based Compensation [Abstract]
Risk-free interest rate	1.17%	1.16%	0.42%
Expected life, in years	3 years 6 months 15 days	3 years 9 months 18 days	3 years 7 months 21 days
Expected volatility	45.20%	44.50%	56.80%
Dividend yield	0.00%	0.00%	0.00%

Income Taxes (Components of Inc

Income Taxes (Components of Income from Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Domestic	$ (40,603)	$ 58,859	$ 31,046
Foreign	(42,299)	88,711	76,511
(Loss) income before income taxes	$ (82,902)	$ 147,570	$ 107,557

Income Taxes (Components of I75

Income Taxes (Components of Income Tax Expense from Continuing Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Income Tax Expense (Benefit), Continuing Operations [Abstract]
Current, Federal	$ (12,470)	$ 3,423	$ 483
Current, Foreign	13,327	15,371	18,127
Current, State	1,242	1,876	1,777
Total current	2,099	20,670	20,387
Deferred, Federal	(7,100)	229	2,226
Deferred, Foreign	(12,696)	3,003	(177)
Deferred, State	(1,154)	(523)	(1,804)
Total deferred	(20,950)	2,709	245
Income tax (benefit) expense	$ (18,851)	$ 23,379	$ 20,632

Income Taxes (Schedule of Effec

Income Taxes (Schedule of Effective Income Tax Rate and Amount Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended			66 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013	Jun. 28, 2015
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Federal income tax provision at statutory rate, amount	$ (29,016)	$ 51,645	$ 37,645
Federal income tax provision at statutory rate, rate	35.00%	35.00%	35.00%
State tax provision, net of federal benefit, amount	$ (797)	$ 2,550	$ 1,146
State tax provision, net of federal benefit, rate	1.00%	2.00%	1.00%
State tax credits, amount	$ (585)	$ (1,004)	$ (1,407)
State tax credits, rate	1.00%	(1.00%)	(1.00%)
Tax exempt interest, amount	$ (2,413)	$ (815)	$ (853)
Tax exempt interest, rate	3.00%	0.00%	(1.00%)
48C Investment Tax Credit, amount	$ (6,826)	$ (11,310)	$ (5,252)	$ (32,900)
48C Investment Tax Credit, rate	8.00%	(8.00%)	(5.00%)
(Decrease) increase in tax reserve	$ (225)	$ 15,411	$ (361)
Increase (decrease) in tax reserve, rate	0.00%	10.00%	0.00%
Change in tax depreciation methodology, amount	$ 0	$ (18,475)	$ 0
Change in tax depreciation methodology, rate	0.00%	(12.00%)	0.00%
Research and development credits, amount	$ (2,081)	$ (1,574)	$ (2,426)
Research and development credits, rate	3.00%	(1.00%)	(2.00%)
Decrease in valuation allowance, amount	$ 0	$ (20)	$ (6)
Decrease in valuation allowance, rate	0.00%	0.00%	0.00%
Qualified production activities deduction, amount	$ (520)	$ (2,362)	$ (866)
Qualified production activities deduction, rate	1.00%	(1.00%)	(1.00%)
Stock-based compensation, amount	$ 2,988	$ 2,024	$ 1,206
Stock-based compensation, rate	(4.00%)	1.00%	1.00%
Statutory rate differences, amount	$ 18,732	$ (14,285)	$ (10,184)
Statutory rate differences, rate	(23.00%)	(10.00%)	(10.00%)
Foreign earnings taxed in U.S.	$ 2,697	$ 0	$ 0
Foreign Earnings taxed in U.S., rate	(3.00%)	0.00%	0.00%
Other, amount	$ (805)	$ 1,594	$ 1,990
Other, rate	1.00%	1.00%	2.00%
Income tax (benefit) expense	$ (18,851)	$ 23,379	$ 20,632
Income tax expense, rate	23.00%	16.00%	19.00%

Income Taxes (Schedule of Tax E

Income Taxes (Schedule of Tax Effects of Temporary Differences that Give Rise to Significant Portions of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Components of Deferred Tax Assets and Liabilities [Abstract]
Compensation	$ 1,864	$ 4,843
Inventories	23,172	18,672
Sales return reserve and allowance for bad debts	8,266	4,801
Warranty reserve	5,042	1,416
Federal and state net operating loss carryforwards	7,237	704
Federal credits	3,688	4,971
State credits	2,573	3,016
48C investment tax credits	14,980	22,731
Investments	953	958
Stock-based compensation	40,291	31,102
Deferred revenue	4,850	5,719
Other	2,034	876
Total gross deferred assets	114,950	99,809
Less valuation allowance	(1,485)	(1,571)
Deferred tax assets, net	113,465	98,238
Property and equipment	(13,337)	(25,660)
Intangible assets	(59,840)	(52,462)
Investments	(505)	(1,792)
Prepaid taxes and other	(1,350)	(1,083)
Foreign earnings recapture	(2,524)	0
Total gross deferred liability	(77,556)	(80,997)
Deferred tax asset, net	$ 35,909	$ 17,241

Income Taxes (Components Giving

Income Taxes (Components Giving Rise to Net Deferred Tax Assets (Liabilities) Included in Accompanying Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Net, Current	$ 39,190	$ 29,414
Deferred Tax Assets, Net, Noncurrent	8,893	0
Deferred Tax Liabilities, Net, Current	0	0
Deferred Tax Liabilities, Net, Noncurrent	(12,174)	(12,173)
U.S. Federal Income Taxes [Member]
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Net, Current	23,231	17,324
Deferred Tax Assets, Net, Noncurrent	52	0
Deferred Tax Liabilities, Net, Current	0	0
Deferred Tax Liabilities, Net, Noncurrent	(10,878)	(10,948)
Hong Kong and Other Income Taxes [Member]
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Net, Current	15,959	12,090
Deferred Tax Assets, Net, Noncurrent	8,841	0
Deferred Tax Liabilities, Net, Current	0	0
Deferred Tax Liabilities, Net, Noncurrent	$ (1,296)	$ (1,225)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	7 Months Ended	12 Months Ended			66 Months Ended
	Jul. 29, 2014USD ($)	Jun. 28, 2015USD ($)yr	Jun. 29, 2014USD ($)	Jun. 30, 2013USD ($)	Jun. 28, 2015USD ($)	Nov. 15, 2013USD ($)	Jun. 24, 2012USD ($)	Jan. 06, 2010USD ($)
Operating Loss Carryforwards [Line Items]
Tax Credit Resulting from Reinstatement of Tax Increase Prevention Act of 2014	$ 1,000,000	$ 1,100,000
Income tax benefit related to credits		6,826,000	$ 11,310,000	$ 5,252,000	$ 32,900,000
Deferred Tax Assets, Tax Credit Carryforwards, Foreign		24,000,000			24,000,000
State income tax credit carryforwards		2,573,000	3,016,000		2,573,000
Alternative minimum tax carryforward		800,000			800,000
Carryforward related to excess stock option benefits		6,500,000			6,500,000
Deferred Tax Assets, Tax Credit Carryforwards, Research and Development, Realized to Additional Paid In Capital		2,300,000			2,300,000
Deferred Tax Assets, Tax Credit Carryforwards, State Income Tax, Realized to Additional Paid In Capital		1,600,000			1,600,000
Unrecognized Tax Benefits		17,795,000	18,389,000	2,732,000	17,795,000		$ 4,421,000
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions		0	18,040,000	546,000
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions		407,000	741,000	0
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations		187,000	1,642,000	2,235,000
Unrecognized tax benefits that would impact effective tax rate		17,800,000			17,800,000
Estimated change in gross unrecognized tax benefits in next 12 months		200,000			200,000
Undistributed earnings for non-U.S. subsidiaries		$ 291,500,000			291,500,000
Malaysia
Operating Loss Carryforwards [Line Items]
Foreign reduced income tax rate		0.00%
Income tax holiday period, years | yr		10
Income tax holiday		$ 0	$ 0	$ 0
State [Member]
Operating Loss Carryforwards [Line Items]
State net operating loss carryovers		15,100,000			15,100,000
State income tax credit carryforwards		$ 4,200,000			4,200,000
Investment Tax Credit Carryforward [Member]
Operating Loss Carryforwards [Line Items]
Federal tax credits, 48C								$ 39,000,000
Second Quarter Fiscal 2014 Investment Tax Credit Award [Member]
Operating Loss Carryforwards [Line Items]
Amortized income over useful life, in years		5 years
Second Quarter Fiscal 2014 Investment Tax Credit Award [Member] | Current Fiscal Year [Member]
Operating Loss Carryforwards [Line Items]
Federal tax credits, 48C		$ 69,000,000			$ 69,000,000
Maximum [Member] | Second Quarter Fiscal 2014 Investment Tax Credit Award [Member]
Operating Loss Carryforwards [Line Items]
Federal tax credits, 48C						$ 30,000,000

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Company's Change in Uncertain Tax Positions) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Reconciliation of Changes in Uncertain Tax Positions [Roll Forward]
Balance at beginning of period	$ 18,389	$ 2,732	$ 4,421
Increases related to prior year tax positions	0	18,040	546
Decreases related to prior year tax positions	(407)	(741)	0
Expiration of statute of limitations for assessment of taxes	(187)	(1,642)	(2,235)
Balance at end of period	17,795	18,389	2,732
Accrued interest and penalties	10	104
Recognized interest and penalties (benefit)	$ (94)	$ (51)	$ (130)

Commitments and Contingencies81

Commitments and Contingencies (Schedule of Product Warranty Liability) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Balance at beginning of period	$ 6,822	$ 6,171	$ 5,513
Warranties accrued in current period	9,242	4,256	1,533
Recall cossts accrued in current period	5,418	0	0
Changes in estimates for pre-existing warranties	0	907	71
Expenditures	(7,514)	(4,512)	(946)
Balance at end of period	13,968	$ 6,822	$ 6,171
Product Warranty Liability, Long-term	$ 1,000
Minimum [Member]
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Product Warranty, Range Period	90 days
Maximum [Member]
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Product Warranty, Range Period	10 years

Commitments and Contingencies82

Commitments and Contingencies (Future Minimum Rental Payments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Commitments and Contingencies Disclosure [Abstract]
Rent expense associated with operating leases	$ 8,200	$ 5,800	$ 4,800
Minimum Rental Amount, June 26, 2016	3,930
Minimum Rental Amount, June 25, 2017	3,253
Minimum Rental Amount, June 24, 2018	1,853
Minimum Rental Amount, June 20, 2019	777
Minimum Rental Amount, June 28, 2020	436
Minimum Rental Amount, Thereafter	498
Total future minimum rental payments	$ 10,747

Reportable Segments Schedule of

Reportable Segments Schedule of Financial Results, by Segment (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 29, 2013	Sep. 29, 2013	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Revenue	$ 382,157	$ 409,519	$ 413,157	$ 427,672	$ 436,290	$ 405,259	$ 415,086	$ 391,006	$ 1,632,505	$ 1,647,641	$ 1,385,982
Gross profit	$ 76,949	$ 125,408	$ 136,779	$ 135,820	$ 162,266	$ 149,994	$ 155,778	$ 150,757	$ 474,956	$ 618,795	$ 523,260
Gross margin									29.00%	38.00%	38.00%
Lighting Products [Member]
Segment Reporting Information [Line Items]
Revenue									$ 906,502	$ 706,425	$ 495,089
Gross profit									$ 235,542	$ 197,304	$ 148,947
Gross margin									26.00%	28.00%	30.00%
LED Products [Member]
Segment Reporting Information [Line Items]
Revenue									$ 602,082	$ 833,684	$ 801,483
Gross profit									$ 190,912	$ 381,003	$ 344,649
Gross margin									32.00%	46.00%	43.00%
Power and RF Products [Member]
Segment Reporting Information [Line Items]
Revenue									$ 123,921	$ 107,532	$ 89,410
Gross profit									$ 67,764	$ 60,723	$ 48,127
Gross margin									55.00%	56.00%	54.00%
SegmentsTotal [Member]
Segment Reporting Information [Line Items]
Gross profit									$ 494,218	$ 639,030	$ 541,723
Unallocated costs [Member]
Segment Reporting Information [Line Items]
Gross profit									$ (19,262)	$ (20,235)	$ (18,463)

Reportable Segments Schedule 84

Reportable Segments Schedule of Inventory by Reportable Segment (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Segment Reporting Information [Line Items]
Inventories	$ 280,576	$ 284,780
Lighting Products [Member]
Segment Reporting Information [Line Items]
Inventories	150,755	148,757
LED Products [Member]
Segment Reporting Information [Line Items]
Inventories	114,203	123,249
Power and RF Products [Member]
Segment Reporting Information [Line Items]
Inventories	11,536	8,019
Total segment inventories [Member]
Segment Reporting Information [Line Items]
Inventories	276,494	280,025
Unallocated inventories [Member]
Segment Reporting Information [Line Items]
Inventories	$ 4,082	$ 4,755

Reportable Segments (Schedule o

Reportable Segments (Schedule of Percentage of Revenues from Customers by Country) (Details) - Sales Revenue, Net [Member]	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	100.00%	100.00%	100.00%
United States
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	57.00%	49.00%	44.00%
China
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	21.00%	27.00%	28.00%
Europe
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	9.00%	9.00%	12.00%
South Korea
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	1.00%	2.00%	2.00%
Japan
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	4.00%	6.00%	7.00%
Malaysia
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	1.00%	1.00%	1.00%
Taiwan
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	1.00%	1.00%	2.00%
Other
Revenue from External Customer [Line Items]
Concentration Risk, Percentage	6.00%	5.00%	4.00%

Reportable Segments (Schedule86

Reportable Segments (Schedule of Long-Lived Assets Including Net Property and Equipment by Country) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Jun. 29, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Tangible long-lived assets	$ 635,072	$ 605,713
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Tangible long-lived assets	502,579	449,359
China
Revenues from External Customers and Long-Lived Assets [Line Items]
Tangible long-lived assets	131,140	154,881
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Tangible long-lived assets	$ 1,353	$ 1,473

Concentrations of Risk (Schedul

Concentrations of Risk (Schedule of Revenue by Major Customer in Percent) (Details) - Sales Revenue, Net [Member]	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Concentration Risk [Line Items]
Concentration Risk, Percentage	100.00%	100.00%	100.00%
Customer Concentration Risk [Member] | Arrow Electronics, Inc. [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	12.00%	13.00%	16.00%
Customer Concentration Risk [Member] | The Home Depot, Inc. [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage	11.00%	11.00%

Concentrations of Risk (Sched88

Concentrations of Risk (Schedule of Accounts Receivable from Customers in Percent) (Details)	12 Months Ended
	Jun. 28, 2015
Credit Concentration Risk [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Customers meeting concentration risk criteria	0

Retirement Savings Plan (Detail

Retirement Savings Plan (Details) $ in Millions	12 Months Ended
	Jun. 28, 2015USD ($)plans	Jun. 29, 2014USD ($)	Jun. 30, 2013USD ($)
General Discussion of Pension and Other Postretirement Benefits [Abstract]
Employee Benefit Plans, Number Of Plans	1
Defined Contribution Plan, Employer Discretionary Contribution Amount | $	$ 6.9	$ 6.3	$ 6.2

Related Party Transactions (Det

Related Party Transactions (Details) $ in Thousands	Jun. 25, 2014USD ($)	Aug. 17, 2011USD ($)shareholders	Jun. 28, 2015USD ($)	Jun. 29, 2014USD ($)
Related Party Transaction [Line Items]
Related Party Transactions, Property Acquisition, Total Ownership Interest	100.00%	80.00%
Equity Method Investment, Ownership Percentage			13.00%
Limited Liability Company [Member]
Related Party Transaction [Line Items]
Related Party Transactions, Property Acquisition, Interest Acquired		20.00%
Related Party Transaction, Amounts of Transaction		$ 1,900
Related Party Transaction, Purchases from Related Party	$ 1,500
Light Speed Aviation, LLC [Member]
Related Party Transaction [Line Items]
Related Party Transactions, Property Acquisition, Interest Acquired		10.00%
Related Party Transaction, Amounts of Transaction		$ 900		$ 697
Related Party Transaction, Reimbursements from Related Party				630
Light Speed Aviation, LLC [Member] | Other Receivables Billed [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Current				86
Light Speed Aviation, LLC [Member] | Other Receivables Unbilled [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Current				46
Intematix Corporation [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party			$ 7,200	8,800
Outstanding Payable to Related Party			100	300
Lextar Electronics Corporation [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party			5,900
Outstanding Payable to Related Party			$ 2,500
LSA, LLC [Member]
Related Party Transaction [Line Items]
Related Party Transactions, Property Acquisition, Interest Acquired		10.00%
Related Party Transaction, Amounts of Transaction		$ 900		234
Related Party Transaction, Reimbursements from Related Party				225
LSA, LLC [Member] | Other Receivables Billed [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Current				9
LSA, LLC [Member] | Other Receivables Unbilled [Member]
Related Party Transaction [Line Items]
Due from Related Parties, Current				$ 6
Ruud Lighting, Inc. [Member]
Related Party Transaction [Line Items]
Number of Shareholders, Executed Offer Letters for Continuing Employment | shareholders		2

Costs Associated with LED Bus91

Costs Associated with LED Business Restructuring Costs Associated with LED Business Restucturing (Details) - Jun. 28, 2015 - USD ($) $ in Thousands	Total
Restructuring Cost and Reserve [Line Items]
Planned Costs [Line Items]	$ 101,884
Restructuring and Related Cost, Cost Incurred to Date	83,551
Asset Impairments [Member] | Other Operating Income (Expense) [Member]
Restructuring Cost and Reserve [Line Items]
Planned Costs [Line Items]	59,487
Restructuring and Related Cost, Cost Incurred to Date	42,716
Employee Severance [Member] | Selling, General and Administrative Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Planned Costs [Line Items]	2,145
Restructuring and Related Cost, Cost Incurred to Date	2,019
Facility Closing [Member] | Selling, General and Administrative Expenses [Member]
Restructuring Cost and Reserve [Line Items]
Planned Costs [Line Items]	2,682
Restructuring and Related Cost, Cost Incurred to Date	1,246
Facility Closing [Member] | China
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	500
Sales Reserves [Member] | Sales [Member]
Restructuring Cost and Reserve [Line Items]
Planned Costs [Line Items]	26,479
Restructuring and Related Cost, Cost Incurred to Date	26,479
Inventory Write-down [Member] | Cost of Sales [Member]
Restructuring Cost and Reserve [Line Items]
Planned Costs [Line Items]	11,091
Restructuring and Related Cost, Cost Incurred to Date	$ 11,091

Costs Associated with LED Bus92

Costs Associated with LED Business Restructuring Schedule of Severance Liability (Details) - Employee Severance [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 28, 2015	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Supplemental Unemployment Benefits, Severance Benefits	$ 2,019	$ 0
Severance Costs	2,019
Severance Payments	$ 0

Subsequent Event Subsequent Eve

Subsequent Event Subsequent Event (Details) - Jul. 08, 2015 - Acquisition of APEI [Member] - USD ($) $ in Millions	Total
Subsequent Event [Line Items]
Business Combination, Contingent Consideration, Liability	$ 4.6
Payments to Acquire Businesses, Gross	$ 13.9

Quarterly Results of Operatio94

Quarterly Results of Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 29, 2013	Sep. 29, 2013	Jun. 28, 2015	Jun. 29, 2014	Jun. 30, 2013
Quarterly Financial Data [Abstract]
Revenue, net	$ 382,157	$ 409,519	$ 413,157	$ 427,672	$ 436,290	$ 405,259	$ 415,086	$ 391,006	$ 1,632,505	$ 1,647,641	$ 1,385,982
Cost of revenue, net	305,208	284,111	276,378	291,852	274,024	255,265	259,308	240,249	1,157,549	1,028,846	862,722
Gross profit	76,949	125,408	136,779	135,820	162,266	149,994	155,778	150,757	474,956	618,795	523,260
Net income (loss)	$ (87,983)	$ 651	$ 12,151	$ 11,130	$ 29,849	$ 28,164	$ 35,681	$ 30,497	$ (64,051)	$ 124,191	$ 86,925
Earnings (loss) per share:
Basic	$ (0.83)	$ 0.01	$ 0.11	$ 0.09	$ 0.24	$ 0.23	$ 0.30	$ 0.26	$ (0.57)	$ 1.03	$ 0.75
Diluted	$ (0.83)	$ 0.01	$ 0.10	$ 0.09	$ 0.24	$ 0.23	$ 0.29	$ 0.25	$ (0.57)	$ 1.01	$ 0.74