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Comprehensive Income (Loss)
12 Months Ended
Jun. 28, 2015
Comprehensive Income (Loss)

Note 18: 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 29, 2014

   $ (12,986   $ (66   $ 1,557      $ (17,160   $ (28,655

Other comprehensive income (loss) before reclassifications

     (18,438     1,595        (5,389     1,109        (21,123

(Gains) losses reclassified from accumulated other comprehensive income (loss) to net income

     (3,701     (4,388 )(1)      71 (2)      —          (8,018
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

   $ (22,139   $ (2,793   $ (5,318   $ 1,109      $ (29,141
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of June 28, 2015

   $ (35,125   $ (2,859   $ (3,761   $ (16,051   $ (57,796
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Amount of after tax gain reclassified from accumulated other comprehensive income into net income located in revenue: $10,136 gain, cost of goods sold: $3,704 loss, selling, general and administrative expenses: $1,974 loss, and other income and expense: $70 Loss
(2) Amount of after tax gain 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 28,
2015
    June 29,
2014
    June 30,
2013
 
     (in thousands)  

Tax benefit (expense) on change in unrealized gains/losses on cash flow hedges:

      

Tax benefit (expense) on unrealized gains/losses arising during the period

   $ 1,885      $ (1,065   $ (1,312

Tax (benefit) expense on gains/losses reclassified to earnings

     (92     1,615        818   
  

 

 

   

 

 

   

 

 

 
     1,793        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

     1,796        (735     1,428   

Tax (benefit) expense on gains/losses reclassified to earnings

     31        493        (2,026
  

 

 

   

 

 

   

 

 

 
     1,827        (242     (598
  

 

 

   

 

 

   

 

 

 

Tax benefit (expense) on change in unrealized components of defined benefit plans

     (871     1,895        586   
  

 

 

   

 

 

   

 

 

 

Tax benefit (expense) on other comprehensive income(loss)

   $ 2,749      $ 2,203      $ (506