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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jun. 27, 2015
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 June 27, 2015 and June 28, 2014 (in thousands):
 
 
June 27, 2015
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
 
Interest rate swaps
 
$

 
$
25

 
$

 
$
25

Financial Liabilities:
 
 
 
 
 
 
 
 
Interest rate swaps
 
$

 
$
(443
)
 
$

 
$
(443
)
Foreign currency forward contracts
 
$

 
$
(6,799
)
 
$

 
$
(6,799
)
 
 
 
 
 
 
 
 
 
 
 
June 28, 2014
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$

 
$
3,641

 
$

 
$
3,641