Derivative Financial Instruments (Tables)

3 Months Ended

6 Months Ended

12 Months Ended

Dec. 25, 2011

Dec. 25, 2011

Jun. 26, 2011

Derivative Financial Instruments [Abstract]

Fair Value Carrying Amount of Derivative Instruments

At December 25, 2011, the fair value carrying amount of the Company’s derivative instruments were as follows (in thousands):

	Derivative Assets December 25, 2011			Derivative Liabilities December 25, 2011
Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Put option	Other assets	$	3,028
Currency forward contracts	Other assets		921	Other accrued expenses	$	—
Total		$	3,949		$	—

At June 26, 2011, the fair value carrying amount of the Company’s derivative instruments were as follows (in thousands):

	Derivative Assets June 26, 2011			Derivative Liabilities June 26, 2011
Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Put option	Other assets	$	2,773
Currency forward contracts	Other assets		—	Other accrued expenses	$	309
Total		$	2,773		$	309

Gain or (Loss) Recognized in Earnings on Derivative Instruments

The gain or (loss) recognized in earnings during the three months ended December 25, 2011 and December 26, 2010 was comprised of the following (in thousands):

		Amount of Gain or (Loss) Recognized in Income on Derivatives
Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized in Income on Derivatives	Three Months Ended December 25, 2011		Three Months Ended December 26, 2010
Put option	Other expense	$	182	$	(122	)
Currency forward contracts	Other expense		75		1,745
Foreign currency swap contract	Other expense		—		61
Total		$	257	$	1,684

The gain or (loss) recognized in earnings during the six months ended December 25, 2011 and December 26, 2010 was comprised of the following (in thousands):

		Amount of Gain or (Loss) Recognized in Income on Derivatives
Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss) Recognized in Income on Derivatives	Six Months Ended December 25, 2011		Six Months Ended December 26, 2010
Put option	Other expense	$	255	$	(276	)
Currency forward contracts	Other expense		888		1,161
Foreign currency swap contract	Other expense		—		37
Total		$	1,143	$	922

Derivative Instruments Measured at Fair Value on a Recurring Basis

The following table presents derivative instruments measured at fair value on a recurring basis as of December 25, 2011 (in thousands):

	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Put option	$	3,028	$	—	$	—	$	3,028
Foreign currency derivatives:
Assets		921		—		921		—
Total derivative instruments at fair value	$	3,949	$	—	$	921	$	3,028

The following table presents derivative instruments measured at fair value on a recurring basis as of June 26, 2011 (in thousands):

	Total			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Put option	$	2,773		$	—	$	—		$	2,773
Foreign currency derivatives:
Liabilities		(309	)		—		(309	)		—
Total derivative instruments at fair value	$	2,464		$	—	$	(309	)	$	2,773