Post-Retirement Benefits (Tables)

12 Months Ended

Jun. 28, 2014

Compensation and Retirement Disclosure [Abstract]

Funded Status of Swiss Plan

Net periodic pension costs associated with our Swiss Plan are recorded in discontinued operations and included the following components in fiscal years ended June 28, 2014, June 29, 2013 and June 30, 2012:

	Year Ended
	June 28, 2014			June 29, 2013			June 30, 2012
	(Thousands)
Service cost	$	703		$	3,291		$	2,341
Interest cost	169			722			826
Expected return on plan assets	(279		)	(1,197		)	(1,084		)
Net amortization	76			369			—
Net periodic pension cost	$	669		$	3,185		$	2,083

Reconciliation of Actuarial Present Value of Projected Benefit Obligations

The reconciliation of the actuarial present value of the projected benefit obligations for the defined benefit plan for the year ended June 28, 2014 and June 29, 2013 was as follows:

	June 28, 2014			June 29, 2013
	(Thousands)
Change in projected benefit obligation:
Projected benefit obligation, beginning of period	$	8,084		$	8,399
Service cost	963			1,059
Interest cost	95			135
Benefits paid	(674		)	(285		)
Actuarial loss on obligation	22			523
Currency translation adjustment	(203		)	(1,747		)
Projected benefit obligation, end of period	$	8,287		$	8,084
Amounts recognized in consolidated balance sheets:
Accrued expenses and other liabilities:
Underfunded pension liability	$	129		$	—
Other non-current liabilities:
Underfunded pension liability	$	8,186		$	8,084
Amounts recognized in accumulated other comprehensive income, net of tax:
Pension adjustment	$	414		$	445
Accumulated benefit obligation, end of period	$	7,776		$	7,542

Net Periodic Pension Costs

Net periodic pension cost associated with the Japan Plan in fiscal years ended June 28, 2014 and June 29, 2013 include the following components:

	June 28, 2014		June 29, 2013
	(Thousands)
Service cost	$	963	$	1,059
Interest cost	95		135
Net amortization	62		74
Net periodic pension cost	$	1,120	$	1,268

Projected and Accumulated Benefit Obligations

The projected and accumulated benefit obligations for the Japan Plan were calculated as June 28, 2014 and June 29, 2013 using the following assumptions:

	June 28, 2014		June 29, 2013
Discount rate	1.2	%	1.8	%
Salary increase rate	2.2	%	2.4	%
Expected average remaining working life (in years)	14.1		14.4