XML 58 R27.htm IDEA: XBRL DOCUMENT
v2.4.1.9

DERIVATIVE FINANCIAL INSTRUMENTS (Tables) | 9 Months Ended
--- | ---
Mar. 28, 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 Sheet as of March 28, 2015 and June 28, 2014 (in thousands):
|  |  | March 28, 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 |  | $ | (1,969 | ) |  | $ | — |
Foreign currency forward contracts | Other long-term liabilities |  | $ | (4,246 | ) |  | $ | — |
Interest rate swaps | Other long-term assets |  | $ | 2 |  |  | $ | — |
Interest rate swaps | Other current liabilities |  | $ | (182 | ) |  | $ | — |
Interest rate swaps | Other long-term liabilities |  | $ | (250 | ) |  | $ | — |
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 March 28, 2015 and March 29, 2014 (in thousands):
Derivatives Designated as Hedging Instruments | AOCI Balance as of December 27, 2014 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Cost of Sales |  | AOCI Balance as of March 28, 2015
Settled foreign currency forward contracts for the three months ended March 28, 2015 | $ | 31 |  |  | $ | (56 | ) |  | $ | 25 |  |  | $ | — |
Unsettled foreign currency forward contracts | (2,837 | ) |  | (1,264 | ) |  | — |  |  | (4,101 | )
Unsettled interest rate swaps | (141 | ) |  | (143 | ) |  | — |  |  | (284 | )
Total | $ | (2,947 | ) |  | $ | (1,463 | ) |  | $ | 25 |  |  | $ | (4,385 | )
Derivatives Designated as Hedging Instruments | AOCI Balance as of December 28, 2013 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Cost of Sales |  | AOCI Balance as of March 29, 2014
Settled foreign currency forward contracts for the three months ended March 29, 2014 | $ | 110 |  |  | $ | 11 |  |  | $ | (121 | ) |  | $ | — |
Unsettled foreign currency forward contracts | 1,515 |  |  | 313 |  |  | — |  |  | 1,828 |
Total | $ | 1,625 |  |  | $ | 324 |  |  | $ | (121 | ) |  | $ | 1,828 |
The following tables summarize the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the nine months ended March 28, 2015 and March 29, 2014 (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 March 28, 2015
Settled foreign currency forward contracts for the nine months ended March 28, 2015 | $ | 1,153 |  |  | $ | (388 | ) |  | $ | (765 | ) |  | $ | — |
Unsettled foreign currency forward contracts | 1,250 |  |  | (5,351 | ) |  | — |  |  | (4,101 | )
Unsettled interest rate swaps | — |  |  | (284 | ) |  | — |  |  | (284 | )
Total | $ | 2,403 |  |  | $ | (6,023 | ) |  | $ | (765 | ) |  | $ | (4,385 | )
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 March 29, 2014
Settled foreign currency forward contracts for the nine months ended March 29, 2014 | $ | 85 |  |  | $ | 124 |  |  | $ | (209 | ) |  | $ | — |
Unsettled foreign currency forward contracts | 1,228 |  |  | 600 |  |  | — |  |  | 1,828 |
Total | $ | 1,313 |  |  | $ | 724 |  |  | $ | (209 | ) |  | $ | 1,828 |

X
- Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 Reference 2: 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=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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=7476318&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration