XML 38 R27.htm IDEA: XBRL DOCUMENT v3.3.1.900
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Dec. 26, 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 December 26, 2015 and June 27, 2015 (in thousands):
 
December 26, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Liabilities:
 
 
 
 
 
 
 
Interest rate swaps
$

 
$
(436
)
 
$

 
$
(436
)
Foreign currency forward contracts
$

 
$
(10,256
)
 
$

 
$
(10,256
)

 
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
)