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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Apr. 01, 2017
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 April 1, 2017 and July 2, 2016 (in thousands):
 
April 1, 2017
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
337

 
$

 
$
337

Financial Liabilities:
 
 
 
 
 
 
 
Interest rate swap
$

 
$
(138
)
 
$

 
$
(138
)
Foreign currency forward contracts & swaps
$

 
$
(7,889
)
 
$

 
$
(7,889
)

 
July 2, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Fair Value
Financial Assets:
 
 
 
 
 
 
 
Foreign currency forward contracts
$

 
$
136

 
$

 
$
136

Financial Liabilities:
 
 
 
 
 
 
 
Interest rate swap
$

 
$
(498
)
 
$

 
$
(498
)
Foreign currency forward contracts & swaps
$

 
$
(11,112
)
 
$

 
$
(11,112
)