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Derivative Financial Instruments (Tables) | 6 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of 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 December 31, 2022 and January 1, 2022, respectively (in thousands):
Derivatives Designated as Hedging Instruments | Classification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  | AOCI Balance as of October 1, 2022 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Income |  | AOCI Balance as of December 31, 2022
Forward contracts | Cost of sales |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Interest rate swap | Interest expense |  | (272) |  |  | — |  |  | 59 |  |  | (213) |
Total |  |  | $ | (272) |  |  | $ | — |  |  | $ | 59 |  |  | $ | (213) |
Derivatives Designated as Hedging Instruments | Classification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  | AOCI Balance as of October 2, 2021 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Income |  | AOCI Balance as of January 1, 2022
Forward contracts | Cost of sales |  | $ | 1,115 |  |  | $ | 338 |  |  | $ | (1,498) |  |  | $ | (45) |
Interest rate swap | Interest expense |  | (574) |  |  | — |  |  | 76 |  |  | (498) |
Total |  |  | $ | 541 |  |  | $ | 338 |  |  | $ | (1,422) |  |  | $ | (543) |
The following tables summarize the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the six months ended December 31, 2022 and January 1, 2022, respectively (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, 2022 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Income |  | AOCI Balance as of December 31, 2022
Forward contracts | Cost of sales |  | $ | (79) |  |  | $ | — |  |  | $ | 79 |  |  | $ | — |
Interest rate swap | Interest expense |  | (346) |  |  | — |  |  | 133 |  |  | (213) |
Total |  |  | $ | (425) |  |  | $ | — |  |  | $ | 212 |  |  | $ | (213) |
Derivatives Designated as Hedging Instruments | Classification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion) |  | AOCI Balance as of July 3, 2021 |  | Effective Portion Recorded In AOCI |  | Effective Portion Reclassified From AOCI Into Income |  | AOCI Balance as of January 1, 2022
Forward contracts | Cost of sales |  | $ | 2,721 |  |  | $ | 562 |  |  | $ | (3,328) |  |  | $ | (45) |
Interest rate swap | Interest expense |  | (649) |  |  | — |  |  | 151 |  |  | (498) |
Total |  |  | $ | 2,072 |  |  | $ | 562 |  |  | $ | (3,177) |  |  | $ | (543) |

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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