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Fair Value Measurements (Tables)
3 Months Ended
Oct. 01, 2016
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on recurring basis
The following tables summarize the assets and liabilities measured at fair value on a recurring basis as of October 1, 2016 and July 2, 2016:
 
As of October 1, 2016
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Other assets:
 
 
 
 
 
Money market mutual funds
$
5,757

 
$

 
$
5,757

Equity and fixed income mutual funds
29,199

 

 
29,199

Cash surrender value of life insurance policies

 
15,092

 
15,092

Total assets
$
34,956

 
$
15,092

 
$
50,048

 
 
 
 
 
 
Derivative financial instruments
$

 
$
8,479

 
$
8,479

Total liabilities
$

 
$
8,479

 
$
8,479

 
As of July 2, 2016
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Other assets:
 
 
 
 
 
Money market mutual funds
$
5,681

 
$

 
$
5,681

Equity and fixed income mutual funds
27,306

 

 
27,306

Cash surrender value of life insurance policies

 
14,860

 
14,860

Total assets
$
32,987

 
$
14,860

 
$
47,847

 
 
 
 
 
 
Derivative financial instruments
$

 
$
8,189

 
$
8,189

Total liabilities
$

 
$
8,189

 
$
8,189

Summary of assets and liabilities at fair value
The following tables summarize the fair value of assets and liabilities recorded at historical cost as of October 1, 2016 and July 2, 2016:
 
As of October 1, 2016
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Cash and cash equivalents
$
27,132

 
$

 
$
27,132

Total assets
$
27,132

 
$

 
$
27,132

Current maturities of long-term debt
$

 
$
22,000

 
$
22,000

Long-term debt, net of current maturities

 
202,971

 
202,971

Total liabilities
$

 
$
224,971

 
$
224,971

 
 
 
 
 
 
 
As of July 2, 2016
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Cash and cash equivalents
$
24,279

 
$

 
$
24,279

Total assets
$
24,279

 
$

 
$
24,279

Long-term debt, net of current maturities
$

 
$
236,568

 
$
236,568

Total liabilities
$

 
$
236,568

 
$
236,568