Comprehensive Income

6 Months Ended

Dec. 31, 2011

Statement of Income and Comprehensive Income [Abstract]

Comprehensive Income [Text Block]

COMPREHENSIVE INCOME

The changes in the components of OCI, net of taxes, were as follows:

	Three Months Ended						Six Months Ended
	December 31, 2011			December 25, 2010			December 31, 2011			December 25, 2010
	(in thousands)
Net income, as reported	$	88,130		$	109,590		$	221,576		$	227,140
Change in unrealized losses on investments, net of tax benefits of $20, $0, $46, and $0, respectively	(33		)	—			(80		)	—
Change in unrealized gains (loss) on forward exchange contracts, net of tax benefits (expenses) of $(40), $117, $146, and $(25), respectively	69			(205		)	(256		)	43
Deferred tax on unrealized exchange gains (loss) on long-term intercompany receivables	1,246			(813		)	1,489			(2,878		)
Actuarial gains on post-retirement benefits, net of tax expense of $(35), $(33), $(71), and $(66), respectively	62			58			123			116
Total comprehensive income	$	89,474		$	108,630		$	222,852		$	224,421

The components of Accumulated Other Comprehensive Loss, were as follows:

	December 31, 2011			June 25, 2011
	(in thousands)
Deferred tax on unrealized exchange gains on long-term intercompany receivables	$	(6,592	)	$	(8,081	)
Unrealized components of post-retirement benefits	(4,718		)	(4,841		)
Cumulative translation adjustment	(1,527		)	(1,527		)
Net unrealized loss on cash flow hedges	(406		)	(150		)
Net unrealized gain on available-for-sale securities	251			331
Accumulated Other Comprehensive Loss	$	(12,992	)	$	(14,268	)