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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Dec. 27, 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 December 27, 2014 and June 28, 2014 (in thousands):
 
December 27, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
169

 
$

 
$
169

Financial Liabilities:
 
 
 
 
 
 
 
Interest rate swaps
$

 
$
(213
)
 
$

 
$
(213
)
Foreign currency forward contracts
$

 
$
(4,421
)
 
$

 
$
(4,421
)

 
June 28, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
3,641

 
$

 
$
3,641