Note 23 - Other Non-Operating Expense, net

12 Months Ended

Jun. 24, 2012

Other Non Operating Income Expense Net [Text Block]

23.  Other Non-Operating Expense, net

The components of Other non-operating expense, net consist of the following:

	For the Fiscal Years Ended
	June 24, 2012			June 26, 2011		June 27, 2010
Write-down of previously held equity interest	$	3,656		$	—	$	—
Refund of Brazilian non-income related tax		(1,488	)		—		—
Unsuccessful bond refinancing costs		—			528		—
Other		—			78		—
Total other non-operating expense, net	$	2,168		$	606	$	—

During fiscal year 2012, the Company’s Brazilian operation recorded a gain of $1,488 from a refund of non-income related taxes plus interest.  During the 2000-2004 tax years UDB paid a tax based on gross revenue to the Brazilian federal government, which included a tax on interest income.  The interest income portion of the tax was successfully challenged in the Brazilian courts.  The taxes paid plus accrued interest were refunded to UDB during the December 2011 and March 2012 quarters.