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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Sep. 29, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summerized Fair Value of Derivative Instruments in Consolidated Balance Sheets
The following table summarizes the fair value of derivative instruments in the Consolidated Balance Sheets as of September 29, 2012 and June 30, 2012 (in thousands):
 
 
 
 
September 29, 2012
 
June 30, 2012
Derivatives Designated as Hedging Instruments
Balance Sheet Location
 
Fair Value
 
Fair Value
Foreign currency forward contracts
Other current assets
 
$
171

 
$
199

Foreign currency forward contracts
Other long-term assets
 
$
1,335

 
$
659

Foreign currency forward contracts
Other current liabilities
 
$
(435
)
 
$
(923
)
Foreign currency forward contracts
Other long-term liabilities
 
$
(197
)
 
$
(928
)
Gain (Loss) of Derivative Instruments in Statement of Operations
The following tables summarize the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the three months ended September 29, 2012 and October 1, 2011, respectively (in thousands):
 
Derivatives Designated as Hedging Instruments
AOCI Balance
as of
June 30, 2012
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into
Cost of  Sales
 
AOCI Balance
as of
September 29,
2012
Settled foreign currency forward contracts for the three months ended September 29, 2012
$
118

 
$
153

 
$
(271
)
 
$

Unsettled foreign currency forward contracts
(777
)
 
1,350

 

 
573

Total
$
(659
)
 
$
1,503

 
$
(271
)
 
$
573

 
 
 
 
 
 
 
 
Derivatives Designated as Hedging Instruments
AOCI Balance
as of
July 2,
2011
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into
Cost of  Sales
 
AOCI Balance
as of October 1,
2011
Settled foreign currency forward contracts for the three months ended October 1, 2011
$
268

 
$
(47
)
 
$
(221
)
 
$

Unsettled foreign currency forward contracts
1,472

 
(4,045
)
 

 
(2,573
)
Total
$
1,740

 
$
(4,092
)
 
$
(221
)
 
$
(2,573
)