RF Micro Devices (RFMD) 10-Q 6 Aug 14 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Jun. 28, 2014	Jul. 31, 2014
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'RF MICRO DEVICES INC	'
Entity Central Index Key	'0000911160	'
Document Type	'10-Q	'
Document Period End Date	28-Jun-14	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q1	'
Current Fiscal Year End Date	'--03-28	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	287,624,840

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (Unaudited) (USD $)	Jun. 28, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$97,559	$171,898
Short-term investments (Note 6)	99,063	72,067
Accounts receivable, less allowance of $385 and $313 as of June 28, 2014 and March 29, 2014, respectively	184,038	137,417
Inventories (Note 3)	142,909	125,703
Prepaid expenses	15,241	12,721
Other receivables	16,061	13,181
Other current assets (Note 5)	3,496	4,431
Total current assets	558,367	537,418
Property and equipment, net of accumulated depreciation of $557,642 at June 28, 2014 and $552,901 at March 29, 2014	195,965	195,996
Goodwill	103,901	103,901
Intangible assets, net	48,120	54,990
Long-term investments (Note 6)	3,841	3,841
Other non-current assets (Note 5)	24,235	24,166
Total assets	934,429	920,312
Current liabilities:	'	'
Accounts payable	112,529	79,783
Accrued liabilities	61,447	51,824
Current portion of long term debt, net of unamortized discount (Note 4)	'	87,263
Other current liabilities	6,513	1,103
Total current liabilities	180,489	219,973
Other long-term liabilities (Note 5)	25,021	23,988
Total liabilities	205,510	243,961
Shareholders’ equity:	'	'
Preferred stock, no par value; 5,000 shares authorized; no shares issued and outstanding	'	'
Common stock, no par value; 500,000 shares authorized; 287,424 and 284,858 shares issued and outstanding at June 28, 2014 and March 29, 2014, respectively	1,298,283	1,284,402
Accumulated other comprehensive loss, net of tax	-745	-785
Accumulated deficit	-568,619	-607,266
Total shareholders’ equity	728,919	676,351
Total liabilities and shareholders’ equity	$934,429	$920,312

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) (USD $)	Jun. 28, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Allowance for accounts receivable	$385	$313
Property and equipment, accumulated depreciation	$557,642	$552,901
Preferred stock, par value	'	'
Preferred stock, shares authorized	5,000	5,000
Preferred stock, shares issued	'	'
Preferred stock, shares outstanding	'	'
Common stock, par value	'	'
Common stock, shares authorized	500,000	500,000
Common stock, shares issued	287,424	284,858
Common stock, shares outstanding	287,424	284,858

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Income Statement [Abstract]	'	'
Revenue	$316,321	$292,996
Cost of goods sold	174,052	199,527
Gross profit	142,269	93,469
Operating expenses:	'	'
Research and development	44,586	48,325
Marketing and selling	18,890	19,409
General and administrative	19,065	19,492
Other operating expense (Note 9)	13,608	3,008
Total operating expenses	96,149	90,234
Income from operations	46,120	3,235
Interest expense	-474	-1,509
Interest income	35	41
Other income, net	384	408
Income before income taxes	46,065	2,175
Income tax expense (Note 5)	-7,418	-614
Net income	$38,647	$1,561
Net income per share (Note 2):	'	'
Basic (in dollars per share)	$0.14	$0.01
Diluted (in dollars per share)	$0.13	$0.01
Shares used in per share calculation:	'	'
Basic (in shares)	286,257	280,788
Diluted (in shares)	294,637	287,105

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Statement of Comprehensive Income [Abstract]	'	'
Net income	$38,647	$1,561
Other comprehensive income:	'	'
Unrealized (loss) gain on marketable securities, net of tax	-1	3
Foreign currency translation adjustment, including intra-entity foreign currency transactions that are of a long-term-investment nature	34	8
Reclassification adjustments, net of tax:	'	'
Amortization of pension actuarial loss	7	1
Other comprehensive income	40	12
Total comprehensive income	$38,687	$1,573

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Cash flows from operating activities:	'	'
Net income	$38,647	$1,561
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	11,839	11,603
Amortization and other non-cash items	7,286	8,557
Excess tax benefit from exercises of stock options	-330	-3
Deferred income taxes	2,284	681
Foreign currency adjustments	-340	-418
Loss on assets and other, net	1,008	1,578
Income from equity investment	0	-98
Share-based compensation expense	9,169	9,433
Changes in operating assets and liabilities:	'	'
Accounts receivable, net	-46,606	-7,875
Inventories	-17,304	-5,973
Prepaid expense and other current and non-current assets	-5,699	-927
Accounts payable and accrued liabilities	30,959	-4,865
Income tax payable/recoverable	5,397	-6,103
Other liabilities	-49	92
Net cash provided by operating activities	36,261	7,243
Investing activities:	'	'
Purchase of property and equipment	-9,771	-27,197
Proceeds from sale of property and equipment	7,352	280
Purchase of securities available-for-sale	-89,060	-26,990
Proceeds from maturities of securities available-for-sale	62,068	58,000
Net cash (used in) provided by investing activities	-29,411	4,093
Financing activities:	'	'
Payment of debt	-87,503	0
Debt issuance cost	0	-116
Excess tax benefit from exercises of stock options	330	3
Proceeds from the issuance of common stock	10,627	1,655
Tax withholding paid on behalf of employees for restricted stock units	-4,703	-2,484
Restricted cash associated with financing activities	45	117
Repayment of capital lease obligations	-17	-16
Net cash used in financing activities	-81,221	-841
Effect of exchange rate changes on cash	32	236
Net (decrease) increase in cash and cash equivalents	-74,339	10,731
Cash and cash equivalents at the beginning of the period	171,898	101,662
Cash and cash equivalents at the end of the period	$97,559	$112,393

Basis_of_Presentation_and_Sign

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Jun. 28, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	'
	BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES
	The accompanying Condensed Consolidated Financial Statements of RF Micro Devices, Inc. and Subsidiaries (together, the “Company” or “RFMD”) have been prepared in conformity with accounting principles generally accepted in the United States. The preparation of these financial statements requires management to make estimates and assumptions, which could differ materially from actual results. In addition, certain information or footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed, or omitted, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, the financial statements include all adjustments (which are of a normal and recurring nature) necessary for the fair presentation of the results of the interim periods presented. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended March 29, 2014.
	The Condensed Consolidated Financial Statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
	The Company uses a 52- or 53-week fiscal year ending on the Saturday closest to March 31 of each year. The first fiscal quarter of each year ends on the Saturday closest to June 30, the second fiscal quarter of each year ends on the Saturday closest to September 30 and the third fiscal quarter of each year ends on the Saturday closest to December 31. Fiscal 2015 is a 52-week year and fiscal 2014 was a 52-week year.

Net_Income_Per_Share

Net Income Per Share	3 Months Ended
	Jun. 28, 2014
Earnings Per Share [Abstract]	'
NET INCOME PER SHARE	'
	NET INCOME PER SHARE
	The following table sets forth a reconciliation of the numerators and denominators in the computation of basic and diluted net income per share (in thousands, except per share data):
		Three Months Ended
		June 28, 2014		June 29, 2013
	Numerator:
	Numerator for basic and diluted net income per share — net income available to common shareholders	$	38,647	$	1,561
	Denominator:
	Denominator for basic net income per share — weighted average shares	286,257		280,788
	Effect of dilutive securities:
	Share-based awards	8,380		6,317
	Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions	294,637		287,105
	Basic net income per share	$	0.14	$	0.01
	Diluted net income per share	$	0.13	$	0.01
	In the computation of diluted net income per share for the three months ended June 28, 2014 and three months ended June 29, 2013, outstanding stock options to purchase less than 0.1 million shares and approximately 8.9 million shares, respectively, were excluded because the exercise price of the options was greater than the average market price of the underlying common stock and the effect of their inclusion would have been anti-dilutive.
	The computation of diluted net income per share does not assume the conversion of the Company’s $175 million initial aggregate principal amount of convertible subordinated notes (the "2014 Notes"). The 2014 Notes became due on April 15, 2014, and the remaining principal balance of $87.5 million was paid with cash on hand (see Note 4).

Inventories

Inventories	3 Months Ended
	Jun. 28, 2014
Inventory Disclosure [Abstract]	'
INVENTORIES	'
	INVENTORIES
	Inventories are stated at the lower of cost or market determined using the average cost method. The components of inventories are as follows (in thousands):
		June 28, 2014		March 29, 2014
	Raw materials	$	33,757	$	32,927
	Work in process	65,628		51,544
	Finished goods	43,524		41,232
	Total inventories	$	142,909	$	125,703

Debt

Debt	3 Months Ended
	Jun. 28, 2014
Debt Disclosure [Abstract]	'
DEBT	'
	DEBT
	Convertible Debt
	The 2014 Notes became due on April 15, 2014, and the remaining principal balance of $87.5 million plus interest of $0.4 million was paid with cash on hand.
	Credit Agreement
	In March 2013, the Company and certain material domestic subsidiaries of the Company (the “Guarantors”) entered into a four-year senior credit facility with Bank of America, N.A., as Administrative Agent and a lender, and a syndicate of other lenders (the “Credit Agreement”). The Credit Agreement includes a $125.0 million revolving credit facility, which includes a $5.0 million sublimit for the issuance of standby letters of credit and a $5.0 million sublimit for swingline loans. The Company may request, at any time and from time to time, that the revolving credit facility be increased by an amount not to exceed $50.0 million. The revolving credit facility is available to finance working capital, capital expenditures and other corporate purposes. The Company’s obligations under the Credit Agreement are jointly and severally guaranteed by the Guarantors. On August 15, 2013, the Credit Agreement was amended to revise the definition of "Eurodollar Base Rate" and a provision regarding restricted payments. The Company currently has no outstanding amounts under the Credit Agreement and is in compliance with the financial covenants associated with the Credit Agreement as of June 28, 2014.

Income_Taxes

Income Taxes	3 Months Ended
	Jun. 28, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES
	Income Tax Expense
	The Company’s provision for income taxes for the three months ended June 28, 2014 and June 29, 2013 has been calculated by applying an estimate of the annual effective tax rate for the full fiscal year to “ordinary” income or loss (pre-tax income or loss excluding unusual or infrequently occurring discrete items) for the three months ended June 28, 2014 and June 29, 2013.
	The Company’s income tax expense was $7.4 million for the three months ended June 28, 2014 and $0.6 million for the three months ended June 29, 2013. The Company’s effective tax rate was 16.1% for the three months ended June 28, 2014 and 28.2% for the three months ended June 29, 2013. The Company's effective tax rate for both the first quarter of fiscal 2015 and the first quarter of fiscal 2014 differed from the statutory rate primarily due to tax rate differences in foreign jurisdictions, state income taxes, domestic tax credits generated, adjustments to the valuation allowance limiting the recognition of the benefit of domestic deferred tax assets, the domestic production activity deduction (for fiscal 2015 only), and adjustments to reduce the carrying value of United Kingdom (U.K.) deferred tax assets (for fiscal 2014 only).
	Deferred Taxes
	The valuation allowance against net deferred tax assets has decreased in fiscal 2015 by $10.0 million from the $143.3 million balance as of the end of fiscal 2014, with the change primarily arising from a decrease in domestic deferred tax assets as a result of generating current year domestic taxable income. The Company intends to maintain a valuation allowance against its domestic net deferred tax assets until sufficient positive evidence exists to support its full or partial reversal. The amount of the deferred tax assets actually realized could vary depending upon the amount of taxable income the Company is able to generate in the various taxing jurisdictions in which the Company operates. It is reasonably possible that with continued profitability in the U.S. during the remainder of fiscal 2015, a significant portion of the valuation allowance related to domestic deferred tax assets may be released once the weight of available evidence supports the conclusion that it is more likely than not that the domestic deferred tax assets can be realized.
	The valuation allowance against deferred tax assets related to U.K. tax losses was increased during the first quarter of fiscal 2014 as manufacturing operations at the U.K. manufacturing facility were in process of being phased out and U.K. tax loss carryovers can only be used to offset income generated by the same trade or business from which they arose.
	The Company has outstanding domestic federal and state tax net operating loss (“NOLs”) carry-forwards that began or will begin to expire in fiscal 2019 and fiscal 2015, respectively, if unused. The use of the NOLs that were acquired in prior year acquisitions is subject to certain annual limitations under Internal Revenue Code Section 382 and similar state tax provisions.
	Uncertain Tax Positions
	The Company’s gross unrecognized tax benefits increased from $39.4 million as of the end of fiscal 2014 to $39.5 million as of the end of the first quarter of fiscal 2015, with the change arising from a $0.1 million increase related to tax positions taken with respect to the current fiscal year.

Investments_and_Fair_Value_Mea

Investments and Fair Value Measurements	3 Months Ended
	Jun. 28, 2014
Investments and Fair Value Measurements [Abstract]	'
INVESTMENTS AND FAIR VALUE MEASUREMENTS	'
	INVESTMENTS AND FAIR VALUE MEASUREMENTS
	Available-For-Sale
	The following is a summary of available-for-sale securities as of June 28, 2014 and March 29, 2014 (in thousands):
		Available-for-Sale Securities
		Cost		Gross		Gross			Estimated Fair
				Unrealized		Unrealized			Value
				Gains		Losses
	June 28, 2014
	U.S. government/agency securities	$	102,064	$	1	$	(1	)	$	102,064
	Auction rate securities	2,150		—		—			2,150
	Money market funds	38,808		—		—			38,808
		$	143,022	$	1	$	(1	)	$	143,022
	March 29, 2014
	U.S. government/agency securities	$	133,064	$	1	$	—		$	133,065
	Auction rate securities	2,150		—		—			2,150
	Money market funds	48,800		—		—			48,800
		$	184,014	$	1	$	—		$	184,015
	The estimated fair value of available-for-sale securities was based on the prevailing market values on June 28, 2014 and March 29, 2014. We determine the cost of an investment sold based on the specific identification method.
	The gross realized gains and losses recognized on available-for-sale securities for the three months ended June 28, 2014 and June 29, 2013, were insignificant.
	No available-for-sale investments were in a continuous unrealized loss position as of June 28, 2014 and March 29, 2014.
	The amortized cost of available-for-sale investments in debt securities with contractual maturities is as follows (in thousands):
		June 28, 2014				March 29, 2014
		Cost		Estimated		Cost			Estimated
				Fair Value					Fair Value
	Due in less than one year	$	140,872	$	140,872	$	181,864		$	181,865
	Due after ten years	2,150		2,150		2,150			2,150
	Total investments in debt securities	$	143,022	$	143,022	$	184,014		$	184,015
	Fair Value Measurements
	On a quarterly basis, the Company measures the fair value of its marketable securities, which are comprised of U.S. government/agency securities, auction rate securities (ARS), and money market funds. Marketable securities are reported at fair value in cash and cash equivalents, short-term investments and long-term investments on the Company’s Condensed Consolidated Balance Sheet. The related unrealized gains and losses are included in accumulated other comprehensive loss, a component of shareholders’ equity, net of tax.
	Recurring Fair Value Measurements
	The fair value of the financial assets measured at fair value on a recurring basis was determined using the following levels of inputs as of June 28, 2014 and March 29, 2014 (in thousands):
		Total		Quoted Prices In		Significant Other
				Active Markets For		Observable Inputs
				Identical Assets		(Level 2)
				(Level 1)
	June 28, 2014
	U.S. government/agency securities	$	102,064	$	102,064	$	—
	Auction rate securities	2,150		—		2,150
	Money market funds	38,808		38,808		—
		$	143,022	$	140,872	$	2,150
	March 29, 2014
	U.S. government/agency securities	$	133,065	$	133,065	$	—
	Auction rate securities	2,150		—		2,150
	Money market funds	48,800		48,800		—
		$	184,015	$	181,865	$	2,150
	ARS are debt instruments with interest rates that reset through periodic short-term auctions. The Company’s Level 2 ARS are valued at par based on quoted prices for identical or similar instruments in markets that are not active. As of June 28, 2014 and March 29, 2014, the Company did not have any Level 3 securities.
	Nonrecurring Fair Value Measurements
	The Company's non-financial assets, such as intangible assets and property and equipment, are measured at fair value when there is an indicator of impairment, and recorded at fair value only when an impairment charge is recognized. The Company did not have any material non-financial assets or liabilities measured at fair value during the three months ended June 28, 2014. During the first quarter of fiscal 2014, the Company recorded a $1.7 million impairment of certain property and equipment as a result of the phase out of manufacturing and the then-pending sale of its U.K. manufacturing facility. As of June 29, 2013, the fair value of these impaired assets was estimated to be $0.8 million using a significant Level 3 unobservable input (market valuation approach). The market valuation approach uses prices and other relevant information generated primarily by recent market transactions involving similar or comparable assets, as well as the Company's experience. During the second quarter of fiscal 2014, the Company sold its U.K. manufacturing facility, which resulted in a loss on these impaired assets of $0.6 million.
	Other Fair Value Disclosures
	The carrying values of cash and cash equivalents, accounts receivable, accounts payable and other accrued liabilities approximate fair values because of the relatively short-term maturities of these instruments.

Recent_Accounting_Pronouncemen

Recent Accounting Pronouncements	3 Months Ended
	Jun. 28, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]	'
RECENT ACCOUNTING PRONOUNCEMENTS	'
	RECENT ACCOUNTING PRONOUNCEMENTS
	In June 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-12, "Compensation - Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period." ASU 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. Compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. This pronouncement is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, and early adoption is permitted. The Company will adopt the provisions of ASU 2014-12 in the first quarter of fiscal 2017, and is currently evaluating the impact on its consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)," which amends the guidance in former Accounting Standards Codification ("ASC") Topic 605, Revenue Recognition, and provides a single, comprehensive revenue recognition model for all contracts with customers. ASU 2014-09 contains principles that an entity will apply to determine the measurement of revenue and timing of when it is recognized. The entity will recognize revenue to reflect the transfer of goods or services to customers at an amount that the entity expects to be entitled to in exchange for those goods or services. This pronouncement is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and early adoption is not permitted. The Company will adopt the provisions of ASU 2014-09 in the first quarter of fiscal 2018, and is currently evaluating the impact on its consolidated financial statements.
	In April 2014, the FASB issued ASU 2014-08, "Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity." ASU 2014-08 includes amendments that change the requirements for reporting discontinued operations and requires additional disclosures about discontinued operations. This guidance is effective for companies for any new disposals and new classifications of assets held for sale in annual periods beginning on or after December 15, 2014. The Company will adopt the provisions of ASU 2014-08 in the first quarter of fiscal 2016 and the adoption of this standard is not expected to have a material impact on the Company's consolidated financial statements.
	In July 2013, the FASB issued ASU 2013-11, “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” ASU 2013-11 requires an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented in the financial statements as a reduction of a deferred tax asset or a tax credit carryforward, excluding certain exceptions. This ASU was effective for the Company beginning in the first quarter of fiscal 2015 and the adoption did not have a material impact on the Company's consolidated financial statements.

Operating_Segment_Information

Operating Segment Information	3 Months Ended
	Jun. 28, 2014
Segment Reporting [Abstract]	'
OPERATING SEGMENT INFORMATION	'
	OPERATING SEGMENT INFORMATION
	RFMD’s operating segments as of June 28, 2014 are its Cellular Products Group (CPG), Multi-Market Products Group (MPG) and Compound Semiconductor Group (CSG).
	CPG is a leading global supplier of cellular radio frequency (RF) solutions which perform various functions in the cellular front end section.  The cellular front end section is located between the transceiver and the antenna.  These RF solutions include power amplifier (PA) modules, transmit modules, PA duplexer modules, antenna control solutions, antenna switch modules, switch filter modules, switch duplexer modules and RF power management solutions.  CPG supplies its broad portfolio of cellular RF solutions into a variety of mobile devices, including smartphones, handsets, notebook computers, and tablets.
	MPG is a leading global supplier of a broad array of RF solutions, such as PAs, low noise amplifiers, variable gain amplifiers, high power gallium nitride transistors, attenuators, mixers, modulators, switches, voltage-controlled oscillators (VCOs), phase locked loop modules, circulators, isolators, multi-chip modules, front end modules, and a range of military and space components (amplifiers, mixers, VCOs and power dividers). Major communications applications include mobile wireless infrastructure, (second generation (2G), third generation (3G) and fourth generation (4G)), point-to-point and microwave radios, WiFi (infrastructure and mobile devices), and cable television (CATV) wireline infrastructure. Industrial applications include Smart Energy/Advanced Metering Infrastructure (AMI), private mobile radio, and test and measurement equipment. Aerospace and defense applications include military communications, radar and electronic warfare, as well as space communications.
	CSG is a business group established to leverage RFMD’s compound semiconductor technologies and related expertise in RF and non-RF end markets and applications.
	As of June 28, 2014, the Company’s reportable segments are CPG and MPG. CSG does not currently meet the quantitative threshold for an individually reportable segment under ASC 280-10-50-12 and is therefore included in the “Other operating segment” line in the following tables. CPG and MPG are separate reportable segments based on the organizational structure and information reviewed by the Company’s Chief Executive Officer, who is the Company’s chief operating decision maker (or CODM), and are managed separately based on the end markets and applications they support. The CODM allocates resources and assesses the performance of each operating segment primarily based on non-GAAP operating income (loss) and non-GAAP operating income (loss) as a percentage of revenue.
	The “All other” category includes operating expenses such as share-based compensation, amortization of purchased intangible assets, acquisition- and integration-related costs, intellectual property rights (IPR) litigation costs, restructuring and disposal costs, certain consulting costs, and other miscellaneous corporate overhead expenses that the Company does not allocate to its reportable segments because these expenses are not included in the segment operating performance measures evaluated by the Company’s CODM. The CODM does not evaluate operating segments using discrete asset information. The Company’s operating segments do not record inter-company revenue. The Company does not allocate gains and losses from equity investments, interest and other income, or taxes to operating segments. Except as discussed above regarding the “All other” category, the Company’s accounting policies for segment reporting are the same as for RFMD as a whole.
	The following tables present details of the Company’s reportable segments and a reconciliation of the “All other” category (in thousands):
		Three Months Ended
		June 28,			June 29,
		2014			2013
	Net revenue:
	CPG	$	261,116		$	237,713
	MPG	55,187			55,283
	Other operating segment	18			—
	Total net revenue	$	316,321		$	292,996
	Income from operations:
	CPG	$	69,616		$	21,950
	MPG	10,871			6,861
	Other operating segment	(1,572		)	(823		)
	All other	(32,795		)	(24,753		)
	Income from operations	46,120			3,235
	Interest expense	(474		)	(1,509		)
	Interest income	35			41
	Other income	384			408
	Income before income taxes	$	46,065		$	2,175
		Three Months Ended
		June 28,			June 29,
		2014			2013
	Reconciliation of “All other” category:
	Share-based compensation expense	$	(9,169	)	$	(9,433	)
	Amortization of intangible assets	(6,966		)	(7,217		)
	Acquisition and integration related costs	(8,453		)	(130		)
	Restructuring and disposal costs	(1,315		)	(4,842		)
	IPR litigation costs	(6,014		)	(824		)
	Certain consulting expense	—			(2,200		)
	Other expenses ((loss) gain on property and equipment, and start-up costs)	(878		)	(107		)
	Loss from operations for “All other”	$	(32,795	)	$	(24,753	)

Merger_Agreement

Merger Agreement	3 Months Ended
	Jun. 28, 2014
Merger Agreement [Abstract]	'
Mergers Agreement [Text Block]	'
	MERGER AGREEMENT
	On February 22, 2014, RFMD and TriQuint Semiconductor, Inc. ("TriQuint") entered into an Agreement and Plan of Merger and Reorganization providing for the business combination of RFMD and TriQuint under a new holding company currently named Rocky Holding, Inc. During the first quarter of fiscal 2015, the Company incurred acquisition costs of $2.5 million and integration costs of $6.0 million associated with the proposed business combination. The acquisition and integration costs are being expensed as incurred and are presented in the Condensed Consolidated Statement of Operations as "Other operating expense (income)." Certain fees are contingent on the transaction closing. Consummation of the business combination with TriQuint is subject to, among other things, the separate approvals of both RFMD shareholders and TriQuint shareholders at each company's special meeting of shareholders on September 5, 2014 and regulatory approvals. We currently anticipate the merger will be completed during the second half of calendar year 2014.

Subsequent_Events

Subsequent Events	3 Months Ended
	Jun. 28, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	SUBSEQUENT EVENTS
	On July 22, 2014, we announced that we had entered into a confidential settlement and license agreement with Peregrine Semiconductor Corporation under which both parties agreed to cross license certain patents to each other, settle all outstanding claims between them and dismiss all related litigation, including patent infringement proceedings pending in the United States District Court for the Southern District of California.

Basis_of_Presentation_and_Sign1

Basis of Presentation and Significant Accounting Policies (Policies)	3 Months Ended
	Jun. 28, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Income Tax Policy	'
	The Company’s provision for income taxes for the three months ended June 28, 2014 and June 29, 2013 has been calculated by applying an estimate of the annual effective tax rate for the full fiscal year to “ordinary” income or loss (pre-tax income or loss excluding unusual or infrequently occurring discrete items) for the three months ended June 28, 2014 and June 29, 2013.
	The Company intends to maintain a valuation allowance against its domestic net deferred tax assets until sufficient positive evidence exists to support its full or partial reversal. The amount of the deferred tax assets actually realized could vary depending upon the amount of taxable income the Company is able to generate in the various taxing jurisdictions in which the Company operates.
Fair Value Measurements Policy	'
	On a quarterly basis, the Company measures the fair value of its marketable securities, which are comprised of U.S. government/agency securities, auction rate securities (ARS), and money market funds. Marketable securities are reported at fair value in cash and cash equivalents, short-term investments and long-term investments on the Company’s Condensed Consolidated Balance Sheet. The related unrealized gains and losses are included in accumulated other comprehensive loss, a component of shareholders’ equity, net of tax.
Operating Segment Policy	'
	As of June 28, 2014, the Company’s reportable segments are CPG and MPG. CSG does not currently meet the quantitative threshold for an individually reportable segment under ASC 280-10-50-12 and is therefore included in the “Other operating segment” line in the following tables. CPG and MPG are separate reportable segments based on the organizational structure and information reviewed by the Company’s Chief Executive Officer, who is the Company’s chief operating decision maker (or CODM), and are managed separately based on the end markets and applications they support. The CODM allocates resources and assesses the performance of each operating segment primarily based on non-GAAP operating income (loss) and non-GAAP operating income (loss) as a percentage of revenue.

Net_Income_Per_Share_Tables

Net Income Per Share (Tables)	3 Months Ended
	Jun. 28, 2014
Earnings Per Share [Abstract]	'
Reconciliation of the numerators and denominators in the computation of basic and diluted net income per share	'
	The following table sets forth a reconciliation of the numerators and denominators in the computation of basic and diluted net income per share (in thousands, except per share data):
		Three Months Ended
		June 28, 2014		June 29, 2013
	Numerator:
	Numerator for basic and diluted net income per share — net income available to common shareholders	$	38,647	$	1,561
	Denominator:
	Denominator for basic net income per share — weighted average shares	286,257		280,788
	Effect of dilutive securities:
	Share-based awards	8,380		6,317
	Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions	294,637		287,105
	Basic net income per share	$	0.14	$	0.01
	Diluted net income per share	$	0.13	$	0.01

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Jun. 28, 2014
Inventory Disclosure [Abstract]	'
Components of inventories	'
	Inventories are stated at the lower of cost or market determined using the average cost method. The components of inventories are as follows (in thousands):
		June 28, 2014		March 29, 2014
	Raw materials	$	33,757	$	32,927
	Work in process	65,628		51,544
	Finished goods	43,524		41,232
	Total inventories	$	142,909	$	125,703

Investments_and_Fair_Value_Mea1

Investments and Fair Value Measurements (Tables)	3 Months Ended
	Jun. 28, 2014
Investments and Fair Value Measurements [Abstract]	'
Available-for-sale securities	'
	The following is a summary of available-for-sale securities as of June 28, 2014 and March 29, 2014 (in thousands):
		Available-for-Sale Securities
		Cost		Gross		Gross			Estimated Fair
				Unrealized		Unrealized			Value
				Gains		Losses
	June 28, 2014
	U.S. government/agency securities	$	102,064	$	1	$	(1	)	$	102,064
	Auction rate securities	2,150		—		—			2,150
	Money market funds	38,808		—		—			38,808
		$	143,022	$	1	$	(1	)	$	143,022
	March 29, 2014
	U.S. government/agency securities	$	133,064	$	1	$	—		$	133,065
	Auction rate securities	2,150		—		—			2,150
	Money market funds	48,800		—		—			48,800
		$	184,014	$	1	$	—		$	184,015
Amortized cost of available-for-sale investments in debt securities with contractual maturities	'
	The amortized cost of available-for-sale investments in debt securities with contractual maturities is as follows (in thousands):
		June 28, 2014				March 29, 2014
		Cost		Estimated		Cost			Estimated
				Fair Value					Fair Value
	Due in less than one year	$	140,872	$	140,872	$	181,864		$	181,865
	Due after ten years	2,150		2,150		2,150			2,150
	Total investments in debt securities	$	143,022	$	143,022	$	184,014		$	184,015
Fair value of the financial assets measured at fair value on a recurring basis	'
	The fair value of the financial assets measured at fair value on a recurring basis was determined using the following levels of inputs as of June 28, 2014 and March 29, 2014 (in thousands):
		Total		Quoted Prices In		Significant Other
				Active Markets For		Observable Inputs
				Identical Assets		(Level 2)
				(Level 1)
	June 28, 2014
	U.S. government/agency securities	$	102,064	$	102,064	$	—
	Auction rate securities	2,150		—		2,150
	Money market funds	38,808		38,808		—
		$	143,022	$	140,872	$	2,150
	March 29, 2014
	U.S. government/agency securities	$	133,065	$	133,065	$	—
	Auction rate securities	2,150		—		2,150
	Money market funds	48,800		48,800		—
		$	184,015	$	181,865	$	2,150

Operating_Segment_Information_

Operating Segment Information (Tables)	3 Months Ended
	Jun. 28, 2014
Segment Reporting [Abstract]	'
Summary of details of reportable segments	'
	The following tables present details of the Company’s reportable segments and a reconciliation of the “All other” category (in thousands):
		Three Months Ended
		June 28,			June 29,
		2014			2013
	Net revenue:
	CPG	$	261,116		$	237,713
	MPG	55,187			55,283
	Other operating segment	18			—
	Total net revenue	$	316,321		$	292,996
	Income from operations:
	CPG	$	69,616		$	21,950
	MPG	10,871			6,861
	Other operating segment	(1,572		)	(823		)
	All other	(32,795		)	(24,753		)
	Income from operations	46,120			3,235
	Interest expense	(474		)	(1,509		)
	Interest income	35			41
	Other income	384			408
	Income before income taxes	$	46,065		$	2,175
Summary of reconciliation of "All other" category	'
		Three Months Ended
		June 28,			June 29,
		2014			2013
	Reconciliation of “All other” category:
	Share-based compensation expense	$	(9,169	)	$	(9,433	)
	Amortization of intangible assets	(6,966		)	(7,217		)
	Acquisition and integration related costs	(8,453		)	(130		)
	Restructuring and disposal costs	(1,315		)	(4,842		)
	IPR litigation costs	(6,014		)	(824		)
	Certain consulting expense	—			(2,200		)
	Other expenses ((loss) gain on property and equipment, and start-up costs)	(878		)	(107		)
	Loss from operations for “All other”	$	(32,795	)	$	(24,753	)

Net_Income_Per_Share_Details

Net Income Per Share (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Numerator:	'	'
Numerator for basic and diluted net income per share — net income available to common shareholders	$38,647	$1,561
Denominator:	'	'
Denominator for basic net income per share — weighted average shares	286,257	280,788
Effect of dilutive securities:	'	'
Share-based awards	8,380	6,317
Denominator for diluted net income per share — adjusted weighted average shares and assumed conversions	294,637	287,105
Basic net income per share (in dollars per share)	$0.14	$0.01
Diluted net income per share (in dollars per share)	$0.13	$0.01

Net_Income_Per_Share_Details_T

Net Income Per Share (Details Textual) (USD $)	3 Months Ended		0 Months Ended
Share data in Millions, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013	Apr. 15, 2014	Apr. 30, 2007
			Convertible Notes Due 2014 [Member]	Convertible Notes Due 2014 [Member]
Net Income (Loss) Per Share (Textual)	'	'	'	'
Approximate number of shares excluded from the computation of diluted shares outstanding	0.1	8.9	'	'
Initial aggregate principal amount of Notes issued	'	'	'	$175,000,000
Repayments of Convertible Debt	'	'	$87,500,000	'

Inventories_Details

Inventories (Details) (USD $)	Jun. 28, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified
Components of inventories	'	'
Raw materials	$33,757	$32,927
Work in process	65,628	51,544
Finished goods	43,524	41,232
Total inventories	$142,909	$125,703

Debt_Details_Textual

Debt (Details Textual) (USD $)	0 Months Ended
	Apr. 15, 2014	Jun. 28, 2014	Jun. 28, 2014	Jun. 28, 2014	Jun. 28, 2014
	Convertible Notes Due 2014 [Member]	Bank of America Syndicate [Member]	Bank of America Syndicate [Member]	Bank of America Syndicate [Member]	Bank of America Syndicate [Member]
		Credit Agreement [Member]	Revolving Credit Facility [Member]	Standby Letters of Credit [Member]	Swingline Loan [Member]
			Credit Agreement [Member]	Credit Agreement [Member]	Credit Agreement [Member]
Debt Instrument [Line Items]	'	'	'	'	'
Repayments of Convertible Debt	$87,500,000	'	'	'	'
Interest Paid	400,000	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	'	'	125,000,000	5,000,000	5,000,000
Line of Credit Facility, Maximum amount of increase that may be requested	'	'	50,000,000	'	'
Line of Credit Facility, Amount Outstanding	'	$0	'	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended
	Jun. 28, 2014	Jun. 29, 2013	Mar. 29, 2014
Income Tax Disclosure [Abstract]	'	'	'
Income tax expense	$7,418,000	$614,000	'
Effective tax rate	16.10%	28.20%	'
Decrease in valuation allowance against net deferred tax assets	-10,000,000	'	'
Valuation allowance against net deferred tax assets	133,300,000	'	143,300,000
Gross unrecognized tax benefits	39,500,000	'	39,400,000
Change in unrecognized tax benefits arising from increases related to current period tax positions	$100,000	'	'

Investments_and_Fair_Value_Mea2

Investments and Fair Value Measurements (Details) (USD $)	Jun. 28, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified
Available-for-Sale securities	'	'
Cost	$143,022	$184,014
Gross Unrealized Gains	1	1
Gross Unrealized Losses	-1	'
Estimated fair value	143,022	184,015
U.S. government/agency securities [Member]	'	'
Available-for-Sale securities	'	'
Cost	102,064	133,064
Gross Unrealized Gains	1	1
Gross Unrealized Losses	-1	'
Estimated fair value	102,064	133,065
Auction Rate Securities [Member]	'	'
Available-for-Sale securities	'	'
Cost	2,150	2,150
Estimated fair value	2,150	2,150
Money Market Funds [Member]	'	'
Available-for-Sale securities	'	'
Cost	38,808	48,800
Estimated fair value	$38,808	$48,800

Investments_and_Fair_Value_Mea3

Investments and Fair Value Measurements (Details 1) (USD $)	Jun. 28, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified
Amortized cost of available-for-sale investments in debt securities with contractual maturities	'	'
Cost of investments in debt securities due in less than one year	$140,872	$181,864
Cost of investments in debt securities due after ten years	2,150	2,150
Cost	143,022	184,014
Estimated fair value of investments in debt securities due in less than one year	140,872	181,865
Estimated fair value of investments in debt securities due after ten years	2,150	2,150
Estimated fair value	$143,022	$184,015

Investments_and_Fair_Value_Mea4

Investments and Fair Value Measurements (Details 2) (USD $)	Jun. 28, 2014	Mar. 29, 2014
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	$143,022	$184,015
Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	143,022	184,015
Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	140,872	181,865
Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	2,150	2,150
U.S. government/agency securities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	102,064	133,065
U.S. government/agency securities [Member] | Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	102,064	133,065
U.S. government/agency securities [Member] | Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	102,064	133,065
Auction Rate Securities [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	2,150	2,150
Auction Rate Securities [Member] | Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	2,150	2,150
Auction Rate Securities [Member] | Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	2,150	2,150
Money Market Funds [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	38,808	48,800
Money Market Funds [Member] | Recurring [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	38,808	48,800
Money Market Funds [Member] | Recurring [Member] | Quoted Prices In Active Markets For Identical Assets (Level 1) [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Fair value of financial assets measured at fair value on a recurring basis	$38,808	$48,800

Investments_and_Fair_Value_Mea5

Investments and Fair Value Measurements (Details Textual) (USD $)	3 Months Ended			3 Months Ended
	Sep. 28, 2013	Jun. 28, 2014	Mar. 29, 2014	Jun. 29, 2013
				Fair Value, Inputs, Level 3 [Member]
				Fair Value, Measurements, Nonrecurring [Member]
Investments and Fair Value Measurements (Textual)	'	'	'	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	'	$0	$0	'
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	'	0	0	'
Impairment of certain property and equipment	'	'	'	1,700,000
Fair value of certain property and equipment	'	'	'	800,000
Loss on the sale of certain property and equipment	$600,000	'	'	'

Operating_Segment_Information_1

Operating Segment Information (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Net revenue:	'	'
Net revenue	$316,321	$292,996
Income (loss) from operations:	'	'
Income (loss) from operations	46,120	3,235
Interest expense	-474	-1,509
Interest income	35	41
Other income, net	384	408
Income before income taxes	46,065	2,175
Operating Segments [Member] | CPG [Member]	'	'
Net revenue:	'	'
Net revenue	261,116	237,713
Income (loss) from operations:	'	'
Income (loss) from operations	69,616	21,950
Operating Segments [Member] | MPG [Member]	'	'
Net revenue:	'	'
Net revenue	55,187	55,283
Income (loss) from operations:	'	'
Income (loss) from operations	10,871	6,861
Operating Segments [Member] | Other operating segment [Member]	'	'
Net revenue:	'	'
Net revenue	18	0
Income (loss) from operations:	'	'
Income (loss) from operations	-1,572	-823
All other [Member]	'	'
Income (loss) from operations:	'	'
Income (loss) from operations	($32,795)	($24,753)

Operating_Segment_Information_2

Operating Segment Information (Details 1) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Jun. 28, 2014	Jun. 29, 2013
Reconciliation of "All other" category:	'	'
Share-based compensation expense	($9,169)	($9,433)
Income from operations	46,120	3,235
All other [Member]	'	'
Reconciliation of "All other" category:	'	'
Share-based compensation expense	-9,169	-9,433
Amortization of intangible assets	-6,966	-7,217
Acquisition and integration related costs	-8,453	-130
Restructuring and disposal costs	-1,315	-4,842
IPR litigation costs	-6,014	-824
Certain consulting expense	'	-2,200
Other expenses ((loss) gain on property and equipment, and start-up costs)	-878	-107
Income from operations	($32,795)	($24,753)

Merger_Agreement_Details

Merger Agreement (Details) (TriQuint Merger [Member], USD $)	3 Months Ended
In Millions, unless otherwise specified	Jun. 28, 2014
TriQuint Merger [Member]	'
Business Acquisition [Line Items]	'
Acquisition-related costs	$2.50
Integration-related costs	$6