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DERIVATIVE FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
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Jun. 27, 2015
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 Sheets as of June 27, 2015 and June 28, 2014 (in thousands):
|  |  |  | June 27, 2015 |  | June 28, 2014
Derivatives Designated as Hedging Instruments |  | Balance Sheet Location |  | Fair Value |  | Fair Value
Foreign currency forward contracts |  | Other current assets |  | $ | — |  |  | $ | 2,034 |
Foreign currency forward contracts |  | Other long-term assets |  | $ | — |  |  | $ | 1,607 |
Foreign currency forward contracts |  | Other current liabilities |  | $ | (2,517 | ) |  | $ | — |
Foreign currency forward contracts |  | Other long-term liabilities |  | $ | (4,282 | ) |  | $ | — |
Interest rate swaps |  | Other long-term assets |  | $ | 25 |  |  | $ | — |
Interest rate swaps |  | Other current liabilities |  | $ | (271 | ) |  | $ | — |
Interest rate swaps |  | Other long-term liabilities |  | $ | (172 | ) |  | $ | — |
Gain (Loss) of Derivative Instruments in Statement of Operations | The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2015 (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 June 27, 2015
Settled foreign currency forward contracts |  | $ | 1,343 |  |  | $ | (1,661 | ) |  | $ | 318 |  |  | $ | — |
Unsettled foreign currency forward contracts |  | 1,060 |  |  | (5,547 | ) |  | — |  |  | (4,487 | )
Unsettled interest rate swaps |  | — |  |  | (276 | ) |  | — |  |  | (276 | )
Total |  | $ | 2,403 |  |  | $ | (7,484 | ) |  | $ | 318 |  |  | $ | (4,763 | )
The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2014 (in thousands):
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 June 28, 2014
Settled foreign currency forward contracts |  | $ | 404 |  |  | $ | 421 |  |  | $ | (825 | ) |  | $ | — |
Unsettled foreign currency forward contracts |  | 909 |  |  | 1,494 |  |  | — |  |  | 2,403 |
Total |  | $ | 1,313 |  |  | $ | 1,915 |  |  | $ | (825 | ) |  | $ | 2,403 |
The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2013 (in thousands):
Derivatives Designated as Hedging Instruments |  | AOCI Balance as of June 30, 2012 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Cost of Sales |  | AOCI Balance as of June 29, 2013
Settled foreign currency forward contracts |  | $ | (479 | ) |  | $ | 1,060 |  |  | $ | (581 | ) |  | $ | — |
Unsettled foreign currency forward contracts |  | (180 | ) |  | 1,493 |  |  | — |  |  | 1,313 |
Total |  | $ | (659 | ) |  | $ | 2,553 |  |  | $ | (581 | ) |  | $ | 1,313 |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959 + Details
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