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Note 26 - Commitments and Contingencies
 12 Months Ended
Jun. 24, 2012
Commitments and Contingencies Disclosure [Text Block]
26. Commitments and Contingencies

Collective Bargaining Agreements

While employees of the Company’s foreign operations are generally unionized, none of the Company’s domestic labor force is currently covered by a collective bargaining agreement.

Environmental

On September 30, 2004, the Company completed its acquisition of the polyester filament manufacturing assets located in Kinston, North Carolina from INVISTA S.a.r.l. (“INVISTA”).  The land for the Kinston site was leased pursuant to a 99 year ground lease (“Ground Lease”) with E.I. DuPont de Nemours (“DuPont”).  Since 1993, DuPont has been investigating and cleaning up the Kinston site under the supervision of the U.S. Environmental Protection Agency (“EPA”) and the North Carolina Department of Environment and Natural Resources (“DENR”) pursuant to the Resource Conservation and Recovery Act Corrective Action program.  The Corrective Action program requires DuPont to identify all potential areas of environmental concern (“AOCs”), assess the extent of containment at the identified AOCs and clean it up to comply with applicable regulatory standards.  Effective March 20, 2008, the Company entered into a Lease Termination Agreement associated with conveyance of certain assets at Kinston to DuPont.  This agreement terminated the Ground Lease and relieved the Company of any future responsibility for environmental remediation, other than participation with DuPont, if so called upon, with regard to the Company’s period of operation of the Kinston site.  However, the Company continues to own a satellite service facility acquired in the INVISTA transaction that has contamination from DuPont’s operations and is monitored by DENR.  This site has been remediated by DuPont and DuPont has received authority from DENR to discontinue remediation, other than natural attenuation.  DuPont’s duty to monitor and report to DENR will be transferred to the Company in the future, at which time DuPont must pay the Company for seven years of monitoring and reporting costs and the Company will assume responsibility for any future remediation and monitoring of the site.  At this time, the Company has no basis to determine if and when it will have any responsibility or obligation with respect to the AOCs or the extent of any potential liability for the same.

Unconditional Purchase Obligations

Certain of the Company’s manufacturing operations are a party to unconditional purchase obligations for commitments for certain defined levels of utility resources.  The Company expects to take delivery of and to use these resources within the defined time periods and in the normal course of business.  These commitments qualify as normal purchases. 

On a fiscal year basis, the payments expected to be made as part of these commitments are as follows:

   
2013
   
2014
   
2015
   
2016
   
2017
   
Thereafter
 
Unconditional purchase obligations
  $ 12,747     $ 10,657     $ 9,003     $ 3,481     $ —     $ —  

For fiscal years 2012, 2011, and 2010, utility costs incurred under these commitments consisted of the following:

   
For the Fiscal Years Ended
 
   
June 24, 2012
   
June 26, 2011
   
June 27, 2010
 
Utility costs for unconditional purchase obligations
  $ 31,272     $ 34,677     $ 33,070