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Derivative Financial Instruments (Tables)
3 Months Ended
Sep. 27, 2014
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)

Interest rate swap agreements:

 

 

 

 

 

 

 

 

Sep. 27, 2014

Other assets

 

$

264 

 

Other long-term liabilities

$

3,496 

Jun. 28, 2014

Other assets

 

 

4,828 

 

Accrued expenses

 

133,466 

Sep. 28, 2013

Prepaid expenses and
other current assets

 

 

2,015 

 

N/A

 

N/A

 

Derivatives financial statement performance table

The location and effect of derivative instruments and related hedged items on the consolidated results of operations for the first quarter of fiscal 2015 and 2014 presented on a pre-tax basis are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Location of (Gain) or Loss
Recognized in
Comprehensive Income

 

Amount of (Gain) or Loss
Recognized in Comprehensive Income

 

 

 

 

13-Week Period Ended

 

 

 

 

Sep. 27, 2014

 

Sep. 28, 2013

 

 

 

 

(In thousands)

Fair Value Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Interest expense

 

$

(3,269)

 

$

(3,175)

 

 

 

 

 

 

 

 

 

Cash Flow Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Other comprehensive income

 

 

55,374 

 

 

 -

Interest rate contracts

 

Interest expense

 

 

205 

 

 

156