XML 51 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Mar. 30, 2014
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables set forth the changes in accumulated other comprehensive income (loss) (in thousands):
 
 
Three Months Ended March 30, 2014
 
 
Cumulative Translation Adjustments
 
Derivative Financial Instruments
 
Pension and Postretirement Benefit Plans
 
Total
Beginning Balance
 
$
8,514

 
$
(2,486
)
 
$
(224,354
)
 
$
(218,326
)
Other Comprehensive Income (Loss) Before Reclassification
 
2,212

 
323

 

 
2,535

Income Tax Benefit (Expense)
 

 
(124
)
 

 
(124
)
Net Other Comprehensive Income (Loss) Before Reclassifications
 
2,212

 
199

 

 
2,411

Reclassifications:
 
 
 
 
 
 
 


Realized (Gains) Losses - Foreign Currency Contracts (1)
 

 
448

 

 
448

Realized (Gains) Losses - Commodity Contracts (1)
 

 
1,165

 

 
1,165

Realized (Gains) Losses - Interest Rate Swaps (1)
 

 
302

 

 
302

Amortization of Prior Service Costs (Credits) (2)
 

 

 
(679
)
 
(679
)
Amortization of Actuarial Losses (2)
 

 

 
7,780

 
7,780

Total Reclassifications Before Tax
 

 
1,915

 
7,101

 
9,016

Income Tax Expense (Benefit)
 

 
(733
)
 
(2,720
)
 
(3,453
)
Net Reclassifications
 

 
1,182

 
4,381

 
5,563

Other Comprehensive Income (Loss)
 
2,212

 
1,381

 
4,381

 
7,974

Ending Balance
 
$
10,726

 
$
(1,105
)
 
$
(219,973
)
 
$
(210,352
)













 
 
Nine Months Ended March 30, 2014
 
 
Cumulative Translation Adjustments
 
Derivative Financial Instruments
 
Pension and Postretirement Benefit Plans
 
Total
Beginning Balance
 
$
11,886

 
$
(3,673
)
 
$
(233,141
)
 
$
(224,928
)
Other Comprehensive Income (Loss) Before Reclassification
 
(1,160
)
 
(2,757
)
 

 
(3,917
)
Income Tax Benefit (Expense)
 

 
1,056

 

 
1,056

Net Other Comprehensive Income (Loss) Before Reclassifications
 
(1,160
)
 
(1,701
)
 

 
(2,861
)
Reclassifications:
 
 
 
 
 
 
 
 
Realized (Gains) Losses - Foreign Currency Contracts (1)
 

 
1,197

 

 
1,197

Realized (Gains) Losses - Commodity Contracts (1)
 

 
4,823

 

 
4,823

Realized (Gains) Losses - Interest Rate Swaps (1)
 

 
899

 

 
899

Amortization of Prior Service Costs (Credits) (2)
 

 

 
(2,037
)
 
(2,037
)
Amortization of Actuarial Losses (2)
 

 

 
23,333

 
23,333

Total Reclassifications Before Tax
 

 
6,919

 
21,296

 
28,215

Income Tax Expense (Benefit)
 

 
(2,650
)
 
(8,128
)
 
(10,778
)
Net Reclassifications
 

 
4,269

 
13,168

 
17,437

Other Comprehensive Income (Loss)
 
(1,160
)
 
2,568

 
13,168

 
14,576

Ending Balance
 
$
10,726

 
$
(1,105
)
 
$
(219,973
)
 
$
(210,352
)
(1) Amounts reclassified to net income are included in net sales or cost of goods sold. See Note 10 for information related to derivative financial instruments.
(2) Amounts reclassified to net income are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 8 for information related to pension and postretirement benefit plans.