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Derivative Financial Instruments (Tables)
6 Months Ended
Dec. 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:

 

 

 

 

 

 

 

 

Dec. 27, 2014

Other assets

 

$

4,802 

 

Other liabilities

$

152

Jun. 28, 2014

Other assets

 

 

4,828 

 

Accrued expenses

 

133,466

Dec. 28, 2013

Prepaid expenses and
other current assets

 

 

945 

 

N/A

 

N/A

Dec. 28, 2013

Other assets

 

 

1,248 

 

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 13-week periods ended December 27, 2014 and December 28, 2013 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

 

 

 

 

Dec. 27, 2014

 

Dec. 28, 2013

 

 

 

 

(In thousands)

Fair Value Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Interest expense

 

$

(6,401)

 

$

(4,075)

 

 

 

 

 

 

 

 

 

Cash Flow  Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate contracts

 

Interest income

 

 

(2,660)

 

 

156 

 

The location and effect of derivative instruments and related hedged items on the consolidated results of operations for the 26-week periods ended December 27, 2014 and December 28, 2013 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

 

 

 

 

26-Week Period Ended

 

 

 

 

Dec. 27, 2014

 

Dec. 28, 2013

 

 

 

 

(In thousands)

Fair Value Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Interest expense

 

$

(9,670)

 

$

(7,250)

 

 

 

 

 

 

 

 

 

Cash Flow Hedge Relationships:

 

 

 

 

 

 

 

 

Interest rate swap agreements

 

Other comprehensive income

 

 

55,374 

 

 

 -

Interest rate contracts

 

Interest expense

 

 

(2,865)

 

 

312