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Derivative Financial Instruments (Tables)
9 Months Ended
Mar. 30, 2013
Derivative Financial Instruments [Abstract]  
Derivatives Balance Sheet Location Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset Derivatives

 

Liability Derivatives

 

Balance Sheet Location

 

Fair Value

 

Balance Sheet Location

 

Fair Value

 

(In thousands)

Fair value hedge relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

 

 

 

 

 

 

 

Mar. 30, 2013

Prepaid expenses and
other current assets

 

$

3,990 

 

N/A

 

N/A

Jun. 30, 2012

Prepaid expenses and
other current assets

 

 

2,475 

 

N/A

 

N/A

Jun. 30, 2012

Other assets

 

 

6,219 

 

N/A

 

N/A

Mar. 31, 2012

Prepaid expenses and
other current assets

 

 

3,440 

 

N/A

 

N/A

Mar. 31, 2012

Other assets

 

 

7,005 

 

N/A

 

N/A

 

Derivatives Financial Statement Performance Table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Location of (Gain) or Loss
Recognized in Income

 

Amount of (Gain) or Loss
Recognized in Income

 

 

 

 

13-Week Period Ended

 

 

 

 

Mar. 30, 2013

 

Mar. 31, 2012

 

 

 

 

(In thousands)

Fair Value Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Interest expense

 

$

832 

 

$

(2,163)

 

 

 

 

 

 

 

 

 

Cash Flow  Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate contracts

 

Interest expense

 

 

156 

 

 

174 

 

 

The location and effect of derivative instruments and related hedged items on the consolidated results of operations for the 39-week periods ended March 30, 2013 and March 31, 2012 presented on a pre-tax basis are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Location of (Gain) or Loss
Recognized in Income

 

Amount of (Gain) or Loss
Recognized in Income

 

 

 

 

39-Week Period Ended

 

 

 

 

Mar. 30, 2013

 

Mar. 31, 2012

 

 

 

 

(In thousands)

Fair Value Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Interest expense

 

$

(3,492)

 

$

(5,993)

 

 

 

 

 

 

 

 

 

Cash Flow  Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate contracts

 

Interest expense

 

 

469 

 

 

522