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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Sep. 27, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summerized Fair Value of Derivative Instruments in Consolidated Balance Sheets
The following table summarizes the fair value of derivative instruments in the Consolidated Balance Sheet as of September 27, 2014 and June 28, 2014 (in thousands):
 
 
 
 
September 27, 2014
 
June 28, 2014
Derivatives Designated as Hedging Instruments
Balance Sheet Location
 
Fair Value
 
Fair Value
Foreign currency forward contracts
Other current assets
 
$
1,172

 
$
2,034

Foreign currency forward contracts
Other long-term assets
 
$
234

 
$
1,607

Foreign currency forward contracts
Other current liabilities
 
$
(35
)
 
$

Foreign currency forward contracts
Other long-term liabilities
 
$
(436
)
 
$

Gain (Loss) of Derivative Instruments in Statement of Operations
The following tables summarize the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the three months ended September 27, 2014 and September 28, 2013, respectively (in thousands):
 
Derivatives Designated as Hedging Instruments
AOCI Balance
as of
June 28,
2014
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into
Cost of  Sales
 
AOCI Balance
as of
September 27,
2014
Settled foreign currency forward contracts for the three months ended September 27, 2014
$
386

 
$
158

 
$
(544
)
 
$

Unsettled foreign currency forward contracts
2,017

 
(1,350
)
 

 
667

Total
$
2,403

 
$
(1,192
)
 
$
(544
)
 
$
667

 
 
 
 
 
 
 
 
Derivatives Designated as Hedging Instruments
AOCI Balance
as of June 29,
2013
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into
Cost of  Sales
 
AOCI Balance
as of September 28,
2013
Settled foreign currency forward contracts for the three months ended September 28, 2013
$
15

 
$
60

 
$
(75
)
 
$

Unsettled foreign currency forward contracts
1,298

 
(239
)
 

 
1,059

Total
$
1,313

 
$
(179
)
 
$
(75
)
 
$
1,059