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SUBSEQUENT EVENTS
9 Months Ended
Mar. 29, 2014
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS

On May 2, 2014, PECM Strategic Funding L.P. and Providence TMT Debt Opportunity Fund L.P., holders of warrants (the “Warrants”) to purchase shares of our common stock, par value $0.01 per share (the “Common Stock”), have exercised the Warrants in full. We will deliver 978,457 shares of Common Stock in connection with the cashless exercise of the Warrants, and will not receive any proceeds from the exercise.

As previously announced, the offer and sale of the Warrants, which were issued on May 6, 2013, was not registered under the Securities Act of 1933, as amended (the “Securities Act”), in reliance upon the exemption from registration under Section 4(a)(2) of the Securities Act as such transaction did not involve a public offering of securities.