Note 18 - Accumulated Other Comprehensive Income

12 Months Ended

Jun. 24, 2012

Accumulated Other Comprehensive Income [Text Block]

18.  Accumulated Other Comprehensive Income

The components and the changes in Accumulated other comprehensive income, net of tax as applicable, consist of the following:

	Foreign Currency Translation Adjustments			Derivative Financial Instruments			Accumulated Other Comprehensive Income
Balance at June 27, 2010	$	10,128		$	-		$	10,128
Other comprehensive income (loss) activity		14,702			(1,054	)		13,648
Balance at June 26, 2011		24,830			(1,054	)		23,776
Other comprehensive income (loss) activity		(22,813	)		(935	)		(23,748	)
Balance at June 24, 2012	$	2,017		$	(1,989	)	$	28

Derivative financial instruments includes $1,214 and $646 for losses on cash flow hedges related to one of the Company’s unconsolidated affiliates at June 24, 2012 and June 26, 2011, respectively.  The cumulative tax benefit on derivative financial instruments was $239 and $0 at June 24, 2012 and June 26, 2011, respectively.