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Foreign Currency Translation (Notes)
9 Months Ended
Mar. 30, 2013
Foreign Currency Translation [Abstract]  
Foreign Currency Disclosure [Text Block]
Foreign Currency Translation
The Company has determined that the local currency is the functional currency for its foreign subsidiaries. The Company’s foreign subsidiaries’ balance sheet accounts are translated at current period ending exchange rates and income and expense accounts are translated at the average rate for the period. Translation gains and losses are recorded as a separate component of accumulated other comprehensive income (loss) in stockholders’ equity. Foreign currency transaction gains were $213,000 for three months ended March 30, 2013 and foreign currency transactions losses were $168,000 for the three months ended March 31, 2012. Foreign currency transaction gains were $109,000 for the nine months ended March 30, 2013 and foreign currency losses were $389,000 for nine months ended March 31, 2012.
The foreign currency transaction gains recorded in the three months ended March 30, 2013 were mainly generated from gains related to the revaluation of payables held in U.S. dollars and payable in yen and gains related to non-permanent intercompany debt denominated in euros. The foreign currency transaction gains recorded in the nine months ended March 30, 2013 were mainly generated from unrealized gains related to the revaluation of payables held in U.S. dollars and payable in yen and realized gains related to non-permanent intercompany debt denominated in euros.
The foreign currency transaction losses recorded in the three months ended March 31, 2012 were mainly generated from realized losses related to non-permanent intercompany debt denominated in euros and paid in U.S. dollars. The foreign currency transaction losses recorded in the nine months ended March 31, 2012 were mainly generated from unrealized losses related to the revaluation of payables held in U.S. dollars and payable in yen and realized losses related to non-permanent intercompany debt denominated in euros.