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Long-term Debt
3 Months Ended
Sep. 28, 2014
Long-term Debt, Unclassified [Abstract]  
Long-term Debt
Long-term Debt
The Company has a $150 million unsecured revolving line of credit under which the Company may borrow, repay and reborrow loans from time to time prior to its scheduled maturity date of August 12, 2017.
The Company classifies balances outstanding under this agreement as Long-term debt in the Consolidated Balance Sheets. At September 28, 2014, the Company had $45.0 million outstanding under the line of credit and $105.0 million available for borrowing. The average interest rate and the commitment fee percentage for the three months ended September 28, 2014 were 0.85% and 0.08%, respectively. The Company was in compliance with all covenants in the line of credit at September 28, 2014.