DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Jun. 27, 2015

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 June 27, 2015 and June 28, 2014 (in thousands):

		June 27, 2015			June 28, 2014
Derivatives Designated as Hedging Instruments	Balance Sheet Location	Fair Value			Fair Value
Foreign currency forward contracts	Other current assets	$	—		$	2,034
Foreign currency forward contracts	Other long-term assets	$	—		$	1,607
Foreign currency forward contracts	Other current liabilities	$	(2,517	)	$	—
Foreign currency forward contracts	Other long-term liabilities	$	(4,282	)	$	—
Interest rate swaps	Other long-term assets	$	25		$	—
Interest rate swaps	Other current liabilities	$	(271	)	$	—
Interest rate swaps	Other long-term liabilities	$	(172	)	$	—

Gain (Loss) of Derivative Instruments in Statement of Operations

The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2015 (in thousands):

Derivatives Designated as Hedging Instruments	AOCI Balance as of June 28, 2014		Effective Portion Recorded In AOCI			Effective Portion Reclassified From AOCI Into Cost of Sales		AOCI Balance as of June 27, 2015
Settled foreign currency forward contracts	$	1,343	$	(1,661	)	$	318	$	—
Unsettled foreign currency forward contracts	1,060		(5,547		)	—		(4,487		)
Unsettled interest rate swaps	—		(276		)	—		(276		)
Total	$	2,403	$	(7,484	)	$	318	$	(4,763	)

The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2014 (in thousands):

Derivatives Designated as Hedging Instruments	AOCI Balance as of June 29, 2013		Effective Portion Recorded In AOCI		Effective Portion Reclassified From AOCI Into Cost of Sales			AOCI Balance as of June 28, 2014
Settled foreign currency forward contracts	$	404	$	421	$	(825	)	$	—
Unsettled foreign currency forward contracts	909		1,494		—			2,403
Total	$	1,313	$	1,915	$	(825	)	$	2,403

The following table summarizes the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Income for the fiscal year 2013 (in thousands):

Derivatives Designated as Hedging Instruments	AOCI Balance as of June 30, 2012			Effective Portion Recorded In AOCI		Effective Portion Reclassified From AOCI Into Cost of Sales			AOCI Balance as of June 29, 2013
Settled foreign currency forward contracts	$	(479	)	$	1,060	$	(581	)	$	—
Unsettled foreign currency forward contracts	(180		)	1,493		—			1,313
Total	$	(659	)	$	2,553	$	(581	)	$	1,313