Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2016

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables summarize the assets and liabilities measured at fair value on a recurring basis as of December 31, 2016 and July 2, 2016:



	As of December 31, 2016
	Fair Value Measurements Using Inputs Considered as
	Level 1		Level 2		Total
Other assets:
Money market mutual funds	$	6,367	$	—	$	6,367
Equity and fixed income mutual funds	28,464		—		28,464
Cash surrender value of life insurance policies	—		15,073		15,073
Derivative financial instruments	—		784		784
Total assets	$	34,831	$	15,857	$	50,688

Derivative financial instruments	$	—	$	1,147	$	1,147
Total liabilities	$	—	$	1,147	$	1,147



	As of July 2, 2016
	Fair Value Measurements Using Inputs Considered as
	Level 1		Level 2		Total
Other assets:
Money market mutual funds	$	5,681	$	—	$	5,681
Equity and fixed income mutual funds	27,306		—		27,306
Cash surrender value of life insurance policies	—		14,860		14,860
Total assets	$	32,987	$	14,860	$	47,847

Derivative financial instruments	$	—	$	8,189	$	8,189
Total liabilities	$	—	$	8,189	$	8,189

Summary of Assets and Liabilities at Fair Value

The following tables summarize the fair value of financial assets and liabilities recorded at historical cost as of December 31, 2016 and July 2, 2016:



	As of December 31, 2016
	Fair Value Measurements Using Inputs Considered as
	Level 1		Level 2		Total
Cash and cash equivalents	$	29,864	$	—	$	29,864
Total assets	$	29,864	$	—	$	29,864
Current maturities of long-term debt	$	—	$	22,000	$	22,000
Long-term debt, net of current maturities	—		193,677		193,677
Total liabilities	$	—	$	215,677	$	215,677

	As of July 2, 2016
	Fair Value Measurements Using Inputs Considered as
	Level 1		Level 2		Total
Cash and cash equivalents	$	24,279	$	—	$	24,279
Total assets	$	24,279	$	—	$	24,279
Long-term debt, net of current maturities	$	—	$	236,568	$	236,568
Total liabilities	$	—	$	236,568	$	236,568