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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
As of June 30, 2018, the aggregate notional amount of the Company’s outstanding foreign currency contracts and swaps along with their unrealized gains (losses) are expected to mature as summarized below (in thousands):
Quarter Ending
 
Notional Contracts and Swaps in MXN
 
Notional Contracts and Swaps in USD
 
Estimated Fair Value
September 29, 2018
 
$
90,443

 
$
5,301

 
$
(779
)
December 29, 2018
 
$
125,328

 
$
6,746

 
$
(566
)
March 30, 2019
 
$
137,944

 
$
6,979

 
$
(273
)
June 29, 2019
 
$
142,947

 
$
6,828

 
$
23

September 28, 2019
 
$
148,468

 
$
6,740

 
$
275

December 28, 2019
 
$
152,613

 
$
7,187

 
$
(58
)
March 28, 2020
 
$
146,613

 
$
6,553

 
$
203
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 30, 2018 and July 1, 2017 (in thousands):
 
 
 
 
June 30, 2018
 
July 1, 2017
Derivatives Designated as Hedging Instruments
 
Balance Sheet Location
 
Fair Value
 
Fair Value
Foreign currency forward contracts & swaps
 
Other current assets
 
$
23

 
$
—

Foreign currency forward contracts & swaps
 
Other long-term assets
 
$
477

 
$
1,010

Foreign currency forward contracts & swaps
 
Other current liabilities
 
$
(1,618
)
 
$
(4,226
)
Foreign currency forward contracts & swaps
 
Other long-term liabilities
 
$
(58
)
 
$
(886
)
Interest rate swaps
 
Other current assets
 
$
20

 
$
—

Interest rate swaps
 
Other long-term assets
 
$
4

 
$
—

Interest rate swaps
 
Other current liabilities
 
$
—

 
$
(81
)
Interest rate swaps
 
Other long-term liabilities
 
$
—

 
$
(22
)
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 2018 (in thousands):
Derivatives Designated as Hedging Instruments
Classification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
AOCI Balance
as of
July 1, 2017
 
Effective
Portion
Recorded In
AOCI
 
Tax Rate Effect
Reclassification
 
Effective Portion
Reclassified From
AOCI Into Income
 
AOCI Balance
as of
June 30, 2018
Forward contracts & swaps
Cost of sales
 
$
(2,707
)
 
$
(1,942
)
 
$
(583
)
 
$
4,244

 
$
(988
)
Interest rate swap
Interest expense
 
(68
)
 
20

 
(3
)
 
70

 
19

Total
 
 
$
(2,775
)
 
$
(1,922
)
 
$
(586
)
 
$
4,314

 
$
(969
)
The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2017 (in thousands):
Derivatives Designated as Hedging Instruments
Classification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
AOCI Balance
as of
July 2, 2016
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into Income
 
AOCI Balance
as of
July 1, 2017
Forward contracts & swaps
Cost of sales
 
$
(7,245
)
 
$
(600
)
 
$
5,138

 
$
(2,707
)
Interest rate swap
Interest expense
 
(328
)
 
14

 
246

 
(68
)
Total
 
 
$
(7,573
)
 
$
(586
)
 
$
5,384

 
$
(2,775
)
The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2016 (in thousands):
Derivatives Designated as Hedging Instruments
Classification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
AOCI Balance
as of
June 27, 2015
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into Income
 
AOCI Balance
as of
July 2, 2016
Forward contracts
Cost of sales
 
$
(4,487
)
 
$
(6,939
)
 
$
4,181

 
$
(7,245
)
Interest rate swap
Interest expense
 
(276
)
 
(348
)
 
296

 
(328
)
Total
 
 
$
(4,763
)
 
$
(7,287
)
 
$
4,477

 
$
(7,573
)