Comprehensive Income (Loss)

12 Months Ended

Jun. 29, 2014

Comprehensive Income (Loss)

Note 10: Comprehensive Income (Loss)

The components of accumulated other comprehensive loss, net of tax at the end of the period, as well as the activity during the period, were as follows:

	Accumulated foreign currency translation adjustment			Accumulated unrealized holding gain (loss) on cash flow hedges			Accumulated unrealized holding gain (loss) on available-for-sale investments			Accumulated unrealized components of defined benefit plans			Total
	(in thousands)
Balance as of June 30, 2013	$	(17,178	)	$	2,822		$	(15	)	$	(14,322	)	$	(28,693	)
Other comprehensive income (loss) before relcassifications		4,976			8,004			1,407			(2,838	)		11,549
Losses (gains) reclassified from accumulated other comprehensive income to net income		(784	)		(10,892	) (1)		165	(2)		—			(11,511	)
Net current-period other comprehensive income (loss)	$	4,192		$	(2,888	)	$	1,572		$	(2,838	)	$	38
Balance as of June 29, 2014	$	(12,986	)	$	(66	)	$	1,557		$	(17,160	)	$	(28,655	)

(1) Amount of after tax gains reclassified from accumulated other comprehensive income into net income located in revenue: $8,009; cost of goods sold: $2,057; and selling, general and administrative expenses: $826.

(2) Amount of loss reclassified from accumulated other comprehensive income into net income located in other expense, net

Tax related to the components of other comprehensive income during the period were as follows:

	Year Ended
	June 29, 2014			June 30, 2013			June 24, 2012
	(in thousands)
Tax benefit (expense) on change in unrealized gains/losses on cash flow hedges:
Tax expense on unrealized gains/losses arising during the period	$	(1,065	)	$	(1,312	)	$	—
Tax expense on gains/losses reclassified to earnings		1,615			818			—
		550			(494	)		—
Tax benefit (expense) on change in unrealized gains/losses on available-for-sale investments:
Tax benefit (expense) on unrealized gains/losses arising during the period		(735	)		1,428			233
Tax (benefit) expense on gains/losses reclassified to earnings		493			(2,026	)		474
		(242	)		(598	)		707
Tax benefit on change in unrealized components of defined benefit plans		1,895			586			944
Tax benefit (expense) on other comprehensive income(loss)	$	2,203		$	(506	)	$	1,651