Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 24, 2013

Derivative Financial Instruments [Abstract]

Fair Value Carrying Amount of Derivative Instruments

At March 24, 2013 and June 24, 2012, the fair value carrying amount of the Company's derivatives not designated as hedging instruments were as follows (in thousands):

	March 24, 2013			June 24, 2012
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Put Option	Other assets	$	2,945	Other assets	$	2,834
Currency forward contracts	Prepaid expenses and other receivables		432	Prepaid expenses and other receivables		622
Currency forward contracts			—	Other assets		85
Total		$	3,377		$	3,541

Gain or (Loss) Recognized in Earnings on Derivative Instruments

The gain or (loss) recognized in other expense (income), net for the Company's derivatives not designated as hedging instruments during the three and nine months ended March 24, 2013 and March 25, 2012 was comprised of the following (in thousands):

	Three Months Ended						Nine Months Ended
	March 24, 2013			March 25, 2012			March 24, 2013			March 25, 2012
Put Option	$	(91	)	$	(232	)	$	111		$	23
Currency forward contracts		2,098			(856	)		(46	)		33
Total	$	2,007		$	(1,088	)	$	65		$	56

Derivative Instruments Measured at Fair Value on a Recurring Basis

The following tables present derivative instruments measured at fair value on a recurring basis as of March 24, 2013 and June 24, 2012 (in thousands):

	March 24, 2013
	Total		Level 1		Level 2		Level 3
Put Option	$	2,945	$	—	$	—	$	2,945
Currency forward contracts		432		—		432		—
Total derivative instruments at fair value	$	3,377	$	—	$	432	$	2,945

	June 24, 2012
	Total		Level 1		Level 2		Level 3
Put Option	$	2,834	$	—	$	—	$	2,834
Currency forward contracts		707		—		707		—
Total derivative instruments at fair value	$	3,541	$	—	$	707	$	2,834