Fair Value Measurements (Tables)

9 Months Ended

Mar. 28, 2014

Fair Value Measurements, Recurring and Nonrecurring

The following tables present the level within the fair value hierarchy at which the Company's financial assets and certain liabilities were measured on a recurring basis as of March 28, 2014 and June 30, 2013:

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of March 28, 2014



	Level 1		Level 2		Level 3		Total

Restricted investments:
Mutual funds	$	—	$	213	$	—	$	213
Certificates of deposit	—		209		—		209
Municipal bonds	—		752		—		752
Corporate bonds	—		338		—		338
Asset backed securities	—		138		—		138
Money market accounts and cash deposits	2,730		—		—		2,730
Total assets	$	2,730	$	1,650	$	—	$	4,380

Contingent consideration	$	—	$	—	$	352	$	352
Total liabilities	$	—	$	—	$	352	$	352

Assets and Liabilities Measured at Fair Value on a Recurring Basis as of June 30, 2013



	Level 1		Level 2		Level 3		Total
Restricted investments:
Mutual funds	$	—	$	2,767	$	—	$	2,767
Certificates of deposit	—		212		—		212
Municipal bonds	—		763		—		763
Corporate bonds	—		344		—		344
Asset backed securities	—		172		—		172
Money market accounts and cash deposits	831		—		—		831
Total assets	$	831	$	4,258	$	—	$	5,089

Contingent consideration	$	—	$	—	$	1,365	$	1,365
Total liabilities	$	—	$	—	$	1,365	$	1,365

Rollforward of contingent consideration liabilities

The table below presents a rollforward of the contingent consideration liabilities valued using Level 3 inputs for the nine months ended March 28, 2014:




Balance at June 30, 2013	$	1,365
Additions for fiscal year 2014 acquisitions	504
Reduction of liability for payments made	(567		)
Reduction of liability related to re-measurement of fair value	(950		)
Balance at March 28, 2014	$	352