XML 71 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
6 Months Ended
Dec. 28, 2013
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables summarize the assets and liabilities measured at fair value on a recurring basis as of December 28, 2013 and June 29, 2013:
 
As of December 28, 2013
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Other assets:
 
 
 
 
 
Money market mutual funds
$
3,323

 
$

 
$
3,323

Equity and fixed income mutual funds
28,507

 

 
28,507

Cash surrender value of life insurance policies

 
13,876

 
13,876

Total assets
$
31,830

 
$
13,876

 
$
45,706

Accrued expenses:
 
 
 
 
 
Derivative financial instruments
$

 
$
1,195

 
$
1,195

Total liabilities
$

 
$
1,195

 
$
1,195

 
As of June 29, 2013
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Other assets:
 
 
 
 
 
Money market mutual funds
$
2,964

 
$

 
$
2,964

Equity and fixed income mutual funds
23,811

 

 
23,811

Cash surrender value of life insurance policies

 
13,377

 
13,377

Total assets
$
26,775

 
$
13,377

 
$
40,152

Accrued expenses:
 
 
 
 
 
Derivative financial instruments
$

 
$
1,136

 
$
1,136

Total liabilities
$

 
$
1,136

 
$
1,136

Summary of Assets and Liabilities at Fair Value
The following tables summarize the fair values of assets and liabilities that are recorded at historical cost as of December 28, 2013 and June 29, 2013:
 
As of December 28, 2013
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Cash and cash equivalents
$
34,016

 
$

 
$
34,016

Total assets
$
34,016

 
$

 
$
34,016

Long-term debt, net of current maturities

 
169,768

 
169,768

Total liabilities
$

 
$
169,768

 
$
169,768

 
 
 
 
 
 
 
As of June 29, 2013
 
Fair Value Measurements Using Inputs Considered as
 
Level 1
 
Level 2
 
Total
Cash and cash equivalents
$
38,590

 
$

 
$
38,590

Total assets
$
38,590

 
$

 
$
38,590

Current maturities of long-term debt
$

 
$
18

 
$
18

Long-term debt, net of current maturities

 
175,000

 
175,000

Total liabilities
$

 
$
175,018

 
$
175,018