DERIVATIVE FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 27, 2015

Fair Value Disclosures [Abstract]

Summary of Interest Rate Agreements

The following table summarizes the various interest rate agreements in effect as of June 27, 2015 (in thousands):

Fixed Interest Rate	Expiration Date	Notional Amounts
1.95%	September 30, 2022	$	9,000
1.50%	September 30, 2019		1,000

Derivatives Recorded at Fair Value in Consolidated Balance Sheets

The derivatives recorded at fair value in the Company’s Consolidated Balance Sheets were (in thousands):

	Derivative Assets				Derivative Liabilities
	June 27, 2015		June 28, 2014		June 27, 2015			June 28, 2014
Interest rate swap contracts	$	-	$	-	$	(79	)	$	(68	)

Summary of Derivative Assets and Liabilities Measured at Fair Value

A summary of derivative assets and liabilities measured at fair value on a recurring basis is as follows (in thousands):

	Fair Value
	as of
	June 27, 2015			Level 1		Level 2			Level 3
Liability - Interest rate swap contracts	$	(79	)	$	-	$	(79	)	$	-

	Fair Value
	as of
	June 28, 2014			Level 1		Level 2			Level 3
Liability - Interest rate swap contracts	$	(68	)	$	-	$	(68	)	$	-