XML 32 R21.htm IDEA: XBRL DOCUMENT v3.6.0.2
Fair Value of Financial Instruments and Non-financial Assets and Liabilities
6 Months Ended
Dec. 25, 2016
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments and Non-financial Assets and Liabilities

15.  Fair Value of Financial Instruments and Non-Financial Assets and Liabilities

The Company may use derivative financial instruments such as foreign currency forward contracts or interest rate swaps to reduce its ongoing business exposures to fluctuations in foreign currency exchange rates or interest rates.  The Company does not enter into derivative contracts for speculative purposes.

 

For the six months ended December 25, 2016 and December 27, 2015, there were no significant changes to the Company’s assets and liabilities measured at fair value, and there were no transfers into or out of the levels of the fair value hierarchy.