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Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Jun. 29, 2017
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss

The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the last two fiscal years. These changes are all related to our defined benefit pension plan.

 

Changes to AOCL (a)    Year
Ended
June 29,
2017		     Year
Ended
June 30,
2016		  

Balance at beginning of period

    $ (6,425 )    $ (4,834 ) 

Other comprehensive income (loss) before reclassifications

      1,938       (3,573 ) 

Amounts reclassified from accumulated other comprehensive loss

      1,322       1,007  

Tax effect

      (1,239 )      975  
  

 

 

    

 

 

  

Net current-period other comprehensive income (loss)

      2,021       (1,591 ) 
  

 

 

    

 

 

  

Balance at end of period

    $ (4,404 )    $ (6,425 ) 
  

 

 

    

 

 

  

 

(a) Amounts in parenthesis indicate debits/expense.
Reclassifications Out of Accumulated Other Comprehensive Loss

The reclassifications out of accumulated other comprehensive loss for the last two fiscal years were as follows:

 

Reclassifications from AOCL to earnings (b)    Year
Ended
June 29,
2017		      Year
Ended
June 30,
2016		      Affected line item in the
Consolidated Statements of
Comprehensive Income		  

Amortization of defined benefit pension items:

         

Unrecognized prior service cost

    $ (957 )     $ (957 )       Administrative expenses  

Unrecognized net loss

      (365 )       (50 )       Administrative expenses  
  

 

 

     

 

 

     

Total before tax

      (1,322 )       (1,007 )    

Tax effect

      502        383        Income tax expense  
  

 

 

     

 

 

     

Amortization of defined pension items, net of tax

    $ (820 )     $ (624 )    
  

 

 

     

 

 

     

 

(b)  Amounts in parenthesis indicate debits to expense. See Note 12 — “Retirement Plan” above for additional details.