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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jun. 29, 2013
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes the Company’s financial assets and liabilities (only those required to be measured at fair value on a recurring basis) at fair value as of June 29, 2013 and June 30, 2012 (in thousands):
 
 
June 29, 2013
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$

 
$
2,429

 
$

 
$
2,429

Financial Liabilities:
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$

 
$
(434
)
 
$

 
$
(434
)
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$

 
$
858

 
$

 
$
858

Financial Liabilities:
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$

 
$
(1,851
)
 
$

 
$
(1,851
)