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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Mar. 29, 2014
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table summarizes the fair value of assets/(liabilities) of the Company’s derivatives that are required to be measured on a recurring basis as of March 29, 2014 and June 29, 2013 (in thousands):
 
 
March 29, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
2,833

 
$

 
$
2,833

Financial Liabilities:
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
(59
)
 
$

 
$
(59
)

 
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
)