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Inventories

12 Months Ended

Jun. 30, 2012

INVENTORIES

Inventories are stated at the lower of cost or market and are summarized as follows:



	June 30, 2012		June 25, 2011
Finished goods	$	235,593	$	244,758
Work in process	154,238		119,732
Raw materials	157,624		141,086
Total inventories	$	547,455	$	505,576

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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