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Subsequent events
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6 Months Ended | ||
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Dec. 28, 2012
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| Subsequent events |
On December 31, 2012, the Company amended one of the settlement agreements that it had entered into with a customer during the three months ended September 28, 2012, as discussed in Note 15 (Income (expense) related to flooding). Pursuant to the amended settlement agreement, the Company transferred equipment purchased on behalf of the customer to the customer in the amount of $2,200 and reduced net accounts receivable from the customer by $2,000, resulting in a $4,200 reduction in the Company’s outstanding obligation to the customer under the terms of settlement agreement. On December 31, 2012, the Company entered into a settlement agreement with another customer regarding the Company’s liability for the customer’s losses as a result of the flooding. Under the terms of the settlement agreement, the Company is obligated to make an initial payment to such customer of $1,263 during the three months ended March 29, 2013. |