XML 38 R25.htm IDEA: XBRL DOCUMENT v3.5.0.2
Other Assets and Other Noncurrent Liabilities (Tables)
3 Months Ended
Oct. 01, 2016
Other Assets and Other Noncurrent Liabilities [Abstract]  
Schedule of Other Assets
Other assets as of October 1, 2016 and July 2, 2016 included the following:
 
October 1, 2016
 
July 2, 2016
Executive deferred compensation assets
$
35,057

 
$
33,080

Cash surrender value of life insurance policies
15,092

 
14,860

Customer contracts and non-competition agreements, net
3,113

 
3,464

Other assets
6,039

 
6,658

Less: portion classified as current assets
(3,958
)
 
(3,040
)
Total other noncurrent assets
$
55,343

 
$
55,022

Schedule of Finite-Lived Intangible Assets
Customer contracts are amortized over a weighted average life of approximately 10 years and are as follows:
 
October 1, 2016
 
July 2, 2016
Customer contracts and non-competition agreements
$
14,573

 
$
14,576

Accumulated amortization
(11,460
)
 
(11,112
)
Net
$
3,113

 
$
3,464

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for each of the next five fiscal years based on the intangible assets as of October 1, 2016 is as follows:
2017 remaining
$
905

2018
435

2019
217

2020
205

2021
193

Thereafter
1,158

Schedule of Other Noncurrent Liabilities
Other noncurrent liabilities as of October 1, 2016 and July 2, 2016 included the following:
 
October 1, 2016
 
July 2, 2016
Multi-employer pension withdrawal liability
$

 
$
803

Pension plan liability
28,360

 
32,446

Executive deferred compensation plan liability
35,057

 
33,080

Supplemental executive retirement plan liability
18,531

 
18,523

Accrued income taxes
6,964

 
7,363

Workers' compensation liability
17,330

 
18,036

Derivative financial instruments
8,479

 
8,189

Other liabilities
5,825

 
5,725

Less: Portion classified as current liabilities
(9,596
)
 
(9,739
)
Total other noncurrent liabilities
$
110,950

 
$
114,426