Note 13 - Other Long-Term Liabilities

9 Months Ended

Mar. 25, 2012

Other Liabilities Disclosure [Text Block]

13.  Other Long-Term Liabilities

Other long-term liabilities consist of the following:

	March 25, 2012		June 26, 2011
Supplemental post-employment plan	$	2,212	$	1,866
Retiree medical liability		696		696
Derivative instruments		353		408
Long-term portion of foreign taxes payable		834		868
Other non-income related taxes		166		169
Total other long-term liabilities	$	4,261	$	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 March 25, 2012 and March 27, 2011 were $280 and $151, respectively and for the nine months ended March 25, 2012 and March 27, 2011 were $411 and $505, 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.