Acquisitions

6 Months Ended

Dec. 26, 2015

Business Combinations [Abstract]

Acquisitions

ACQUISITIONS

During the first 26 weeks of fiscal 2016, the company paid cash of $98.2 million for acquisitions. The acquisitions did not have a material effect on the company's operating results, cash flows or financial position. Certain current year and prior year acquisitions involve contingent consideration that may include earnout agreements that are typically payable over periods of up to three years in the event that certain operating results are attained. As of December 26, 2015, aggregate contingent consideration outstanding was $28.4 million, of which $20.7 million was recorded as earnout liabilities as of December 26, 2015.