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Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Mar. 27, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Contracts
As of March 27, 2016 and June 28, 2015, the Company had the following outstanding derivative contracts (in thousands):
Contract
 
Notional Amount
 
 
 
 
March 27,
2016
 
June 28,
2015
Interest Rate:
 
 
 
 
 
 
LIBOR Interest Rate (U.S. Dollars)
 
Fixed
 
95,000

 
95,000

Foreign Currency:
 
 
 
 
 
 
Australian Dollar
 
Sell
 
36,844

 
29,473

Brazilian Real
 
Sell
 
19,724

 
22,443

Canadian Dollar
 
Sell
 
4,185

 
9,326

Chinese Renminbi
 
Buy
 
216,525

 
259,350

Euro
 
Sell
 
55,380

 
62,740

Japanese Yen
 
Buy
 
665,000

 
711,000

Mexican Peso
 
Sell
 
9,500

 

Commodity:
 
 
 
 
 
 
Natural Gas (Therms)
 
Buy
 
12,857

 
11,324

Schedule of Derivative Instruments in Consolidated Condensed Balance Sheets, Fair Value
The location and fair value of derivative instruments reported in the Condensed Consolidated Balance Sheets are as follows (in thousands):
Balance Sheet Location
 
Asset (Liability) Fair Value
 
 
March 27,
2016
 
June 28,
2015
Interest rate contracts
 
 
 
 
Other Long-Term Liabilities
 
$
(1,090
)
 
$
(1,034
)
Foreign currency contracts
 
 
 
 
Other Current Assets
 
1,009

 
4,417

Other Long-Term Assets
 
149

 
276

Accrued Liabilities
 
(1,816
)
 
(1,041
)
Other Long-Term Liabilities
 
(271
)
 
(43
)
Commodity contracts
 
 
 
 
Accrued Liabilities
 
(701
)
 
(493
)
Other Long-Term Liabilities
 
(179
)
 
(134
)
 
 
$
(2,899
)
 
$
1,948



Schedule of Derivative Instruments, Gain (Loss) in Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
The effect of derivative instruments on the Condensed Consolidated Statements of Operations and Comprehensive Loss is as follows (in thousands):
 
 
Three Months Ended March 27, 2016
 
 
Amount of Gain (Loss)
Recognized in Other
Comprehensive Income
(Loss) on Derivatives, Net of
Taxes (Effective
Portion)
 
Classification of
Gain (Loss)
 
Amount of Gain (Loss)
Reclassified from
AOCI into Income
(Effective Portion)
 
Recognized in
Earnings
(Ineffective Portion)
Interest rate contracts
 
$
(100
)
 
Net Sales
 
$
(257
)
 
$

Foreign currency contracts - sell
 
(1,671
)
 
Net Sales
 
1,520

 

Foreign currency contracts - buy
 
571

 
Cost of Goods Sold
 
7

 

Commodity contracts
 
178

 
Cost of Goods Sold
 
(364
)
 

 
 
$
(1,022
)
 
 
 
$
906

 
$


 
 
Three Months Ended March 29, 2015
 
 
Amount of Gain (Loss)
Recognized in Other
Comprehensive Income
(Loss) on Derivatives, Net of
Taxes (Effective
Portion)
 
Classification of
Gain (Loss)
 
Amount of Gain (Loss)
Reclassified from
AOCI into Income
(Effective Portion)
 
Recognized in
Earnings
(Ineffective Portion)
Interest rate contracts
 
$
(381
)
 
Net Sales
 
$
(306
)
 
$

Foreign currency contracts - sell
 
(120
)
 
Net Sales
 
5,146

 

Foreign currency contracts - buy
 
357

 
Cost of Goods Sold
 
(418
)
 

Commodity contracts
 
(29
)
 
Cost of Goods Sold
 
(319
)
 

 
 
$
(173
)
 
 
 
$
4,103

 
$



 
 
Nine Months Ended March 27, 2016
 
 
Amount of Gain (Loss)
Recognized in Other
Comprehensive Income
(Loss) on Derivatives, Net of
Taxes (Effective
Portion)
 
Classification of
Gain (Loss)
 
Amount of Gain (Loss)
Reclassified from
AOCI into Income
(Effective Portion)
 
Recognized in
Earnings
(Ineffective Portion)
Interest rate contracts
 
$
(40
)
 
Net Sales
 
$
(857
)
 
$

Foreign currency contracts - sell
 
(2,002
)
 
Net Sales
 
7,058

 

Foreign currency contracts - buy
 
(119
)
 
Cost of Goods Sold
 
(287
)
 

Commodity contracts
 
(162
)
 
Cost of Goods Sold
 
(756
)
 

 
 
$
(2,323
)
 
 
 
$
5,158

 
$


 
 
Nine Months Ended March 29, 2015
 
 
Amount of Gain (Loss)
Recognized in Other
Comprehensive Income
(Loss) on Derivatives, Net of
Taxes (Effective
Portion)
 
Classification of
Gain (Loss)
 
Amount of Gain (Loss)
Reclassified from
AOCI into Income
(Effective Portion)
 
Recognized in
Earnings
(Ineffective Portion)
Interest rate contracts
 
$
(120
)
 
Net Sales
 
$
(931
)
 
$

Foreign currency contracts - sell
 
3,720

 
Net Sales
 
7,689

 

Foreign currency contracts - buy
 
(51
)
 
Cost of Goods Sold
 
(664
)
 

Commodity contracts
 
(216
)
 
Cost of Goods Sold
 
(841
)
 

 
 
$
3,333

 
 
 
$
5,253

 
$