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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Mar. 30, 2013
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 March 30, 2013 and June 30, 2012 (in thousands):
 
 
 
 
March 30, 2013
 
June 30, 2012
Derivatives Designated as Hedging Instruments
Balance Sheet Location
 
Fair Value
 
Fair Value
Foreign currency forward contracts
Other current assets
 
$
953

 
$
199

Foreign currency forward contracts
Other long-term assets
 
$
3,332

 
$
659

Foreign currency forward contracts
Other current liabilities
 
$
(3
)
 
$
(923
)
Foreign currency forward contracts
Other long-term liabilities
 
$

 
$
(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 March 30, 2013 and March 31, 2012, respectively (in thousands):
 
Derivatives Designated as Hedging Instruments
AOCI Balance
as of
December 29, 2012
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into
Cost of  Sales
 
AOCI Balance
as of
March 30,
2013
Settled foreign currency forward contracts for the three months ended March 30, 2013
$
(9
)
 
$
184

 
$
(175
)
 
$

Unsettled foreign currency forward contracts
373

 
2,449

 

 
2,822

Total
$
364

 
$
2,633

 
$
(175
)
 
$
2,822

 
 
 
 
 
 
 
 
Derivatives Designated as Hedging Instruments
AOCI Balance
as of
December 31,
2011
 
Effective
Portion
Recorded In
AOCI
 
Effective Portion
Reclassified From
AOCI Into
Cost of  Sales
 
AOCI Balance
as of
March 31,
2012
Settled foreign currency forward contracts for the three months ended March 31, 2012
$
(167
)
 
$
217

 
$
(50
)
 
$

Unsettled foreign currency forward contracts
(2,184
)
 
2,134

 

 
(50
)
Total
$
(2,351
)
 
$
2,351

 
$
(50
)
 
$
(50
)