Note 14 - Other Long-Term Liabilities

6 Months Ended

Dec. 25, 2011

Other Liabilities Disclosure [Text Block]

14. Other Long-Term Liabilities

Other long-term liabilities consist of the following:

	December 25, 2011		June 26, 2011
Supplemental post-employment plan	$	1,998	$	1,866
Retiree medical liability		696		696
Derivative instruments		342		408
Long-term portion of foreign taxes payable		820		868
Other non-income related taxes		153		169
Total other long-term liabilities	$	4,009	$	4,007

The Company maintains an unfunded supplemental post-employment plan for a select group of management employees.  Each participant’s account is credited annually based upon a percentage of their base salary with each participant’s balance adjusted quarterly to reflect returns based upon a stock market index.  The amounts of net expense recorded for this plan within Selling, general and administrative (“SG&A”) expenses for the three months ended December 25, 2011 and December 26, 2010 were $257 and $199, respectively and for the six months ended December 25, 2011 and December 26, 2010 were $132 and $354, respectively.  Amounts are paid to participants only after termination of their employment.  The retiree medical liability relates to a frozen plan that consists of the discounted future claims the Company expects to pay for certain retiree benefits based on claims history and the terms of the benefit agreements.