v3.22.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 25, 2022
Dec. 26, 2021
Dec. 25, 2022
Dec. 26, 2021
Income Statement [Abstract]        
Revenue $ 5,277,569 $ 4,226,604 $ 10,351,690 $ 8,531,069
Cost of goods sold 2,901,220 2,248,688 5,638,506 4,576,399
Gross margin 2,376,349 1,977,916 4,713,184 3,954,670
Research and development 462,385 403,644 895,760 785,971
Selling, general, and administrative 233,802 236,133 439,422 458,327
Total operating expenses 696,187 639,777 1,335,182 1,244,298
Operating income 1,680,162 1,338,139 3,378,002 2,710,372
Other income (expense), net (28,234) 17,999 (71,329) (10,858)
Income before income taxes 1,651,928 1,356,138 3,306,673 2,699,514
Income tax expense (183,421) (161,308) (412,287) (324,940)
Net income $ 1,468,507 $ 1,194,830 $ 2,894,386 $ 2,374,574
Net income per share:        
Basic (in dollars per share) $ 10.80 $ 8.50 $ 21.21 $ 16.82
Diluted (in dollars per share) $ 10.77 $ 8.44 $ 21.16 $ 16.71
Number of shares used in per share calculations:        
Basic (in shares) 136,018 140,630 136,455 141,187
Diluted (in shares) 136,339 141,530 136,774 142,071