v2.4.0.6

Income Taxes (Details 2) (USD $) In Thousands, unless otherwise specified | Jun. 30, 2012 | Jul. 02, 2011
--- | --- | ---
Deferred tax assets: |  |
Current assets | $ 895 | $ 1,267
Accrued expenses | 1,366 | 795
Pension liability | 6,806 | 5,663
Interest rate contract liability | 175 | 95
Acquisition intangible assets and expenses |  | 99
Capital loss carryforward | 508 | 482
Total deferred tax assets | 9,750 | 8,401
Less valuation allowance | (508) | (482)
Deferred tax assets, net | 9,242 | 7,919
Deferred tax liabilities: |  |
Accrued pension costs | 2,559 | 1,509
Acquisition intangible assets and expenses | 270 |
Prepaid insurance | 70 | 66
Property, plant and equipment | 108 | 45
Total deferred tax liabilities | 3,007 | 1,620
Net deferred tax assets | $ 6,235 | $ 6,299

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