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Note 13 - Other Long-Term Liabilities
9 Months Ended
Mar. 30, 2014
Other Liabilities and Financial Instruments Subject to Mandatory Redemption [Abstract]  
Other Liabilities Disclosure [Text Block]

13. Other Long-Term Liabilities


Other long-term liabilities consist of the following:


   

March 30, 2014

   

June 30, 2013

 

Supplemental post-employment plan

  $ 2,940     $ 2,665  

Contingent consideration

    2,025        

Income tax contingencies

    1,233       1,275  

Derivative instruments

    217       324  

Severance

          137  

Other

    964       652  

Total other long-term liabilities

  $ 7,379     $ 5,053  

Contingent consideration represents the present value of the long-term portion of contingent payments associated with the Company’s December 2013 acquisition of Dillon’s draw winding business. See “Note 17. Fair Value of Financial Instruments and Non-Financial Assets and Liabilities” for further discussion. Severance represents the long-term portion of monies due under severance agreements with former executive officers of the Company. See “Note 20. Other Operating Expense, Net” for further discussion of these charges. Other primarily includes certain employee related liabilities and deferred energy incentive credits.


The Company maintains an unfunded supplemental post-employment plan for certain management employees. Each employee’s account is credited annually based upon a percentage of the participant’s base salary, with each participant’s balance adjusted quarterly to reflect returns based upon a stock market index. Amounts are paid to participants only after termination of employment. The following table presents the expenses recorded for this plan:


   

For the Three Months Ended

   

For the Nine Months Ended

 

Classification

 

March 30, 2014

   

March 24, 2013

   

March 30, 2014

   

March 24, 2013

 

Selling general and administrative expenses

  $ 118     $ 303     $ 547     $ 609  

Other operating expense, net

    (14 )           77        

Total

  $ 104     $ 303     $ 624     $ 609