XML 49 R34.htm IDEA: XBRL DOCUMENT v3.25.2
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Jun. 28, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments in Consolidated Balance Sheets
The following table summarizes the fair value of the derivative instruments in the Consolidated Balance Sheets as of June 28, 2025 and June 29, 2024 (in thousands):
Fair Value
Derivatives designated as hedging instruments under Subtopic 815-20Balance Sheet LocationJune 28, 2025June 29, 2024
Foreign currency forward contractsOther current assets$1,330 $— 
Foreign currency forward contractsOther current liabilities$— $(277)
Schedule of Gain (Loss) of Derivative Instruments in Statement of Operations
The following tables summarize the gain (loss) on derivative instruments, net of tax, on the Consolidated Statements of Operations for the fiscal year 2025 and 2024, respectively (in thousands):
Derivatives Designated as Hedging InstrumentsClassification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)AOCI Balance
as of
June 29, 2024
Effective
Portion
Recorded In
AOCI
Effective Portion
Reclassified From
AOCI Into
Income
AOCI Balance
as of
June 28, 2025
Forward contractsCost of sales215 (2,803)1,559 (1,029)
Total$215 (2,803)1,559 (1,029)
Derivatives Designated as Hedging InstrumentsClassification of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)AOCI Balance
as of
July 1, 2023
Effective
Portion
Recorded In
AOCI
Effective Portion
Reclassified From
AOCI Into
Income
AOCI Balance
as of
June 29, 2024
Forward contractsCost of sales$— $287 $(72)$215 
Interest rate swapInterest expense(97)— 97 — 
Total$(97)$287 $25 $215