ACCUMULATED OTHER COMPREHENSIVE LOSS

6 Months Ended

Dec. 25, 2016

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive income (loss) (“AOCI”), net of tax at the end of the period, as well as the activity during the period, were as follows:

	Accumulated foreign currency  translation adjustment				Accumulated unrealized  holding gain (loss) on cash flow hedges				Accumulated unrealized  holding gain (loss) on available- for-sale  investments				Accumulated unrealized  components of defined  benefit plans			Total
	(in thousands)
Balance as of June 26, 2016	$	(39,528	)		$	(15,623	)		$	4,896			$	(19,078	)	$	(69,333	)
Other comprehensive income (loss) before reclassifications	(10,126		)		12,804				(16,308		)		245			(13,385		)
Losses reclassified from accumulated other comprehensive income (loss) to net income	199			(1)	11,448			(2)	994			(1)	—			12,641
Net current-period other comprehensive income (loss)	$	(9,927	)		$	24,252			$	(15,314	)		$	245		$	(744	)
Balance as of December 25, 2016	$	(49,455	)		$	8,629			$	(10,418	)		$	(18,833	)	$	(70,077	)

(1) Amount of after tax gain reclassified from accumulated other comprehensive income into net income located in other expense, net.

(2) Amount of after tax gain reclassified from AOCI into net income located in revenue: $12,469 loss; cost of goods sold: $24 gain; selling, general and administrative expenses: $119 loss; and other income and expense: $1,116 gain.