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Derivative Instruments and Hedging Activities (Tables)
3 Months Ended
Sep. 29, 2012
Summarizes Fair Value of Derivative Instrument

The following table summarizes the fair value of the Company’s derivative instrument and the line item in which it was recorded in the condensed consolidated balance sheet at September 29, 2012 and June 30, 2012:

 

          Liability Derivative at Fair Value  
    

Balance Sheet Location

   September 29, 2012      June 30, 2012  

Derivative designated as hedging instrument:

        

Interest rate contract

   Accrued expenses    $ 186       $ 186   
   Accrued retirement costs and other      281         286   
     

 

 

    

 

 

 
      $ 467       $ 472   
     

 

 

    

 

 

 
Summary of Pre-tax Loss Recognized in Other Comprehensive Income

The following table summarizes the pre-tax loss recognized in other comprehensive income (“OCI”) and the pre-tax loss reclassified from accumulated OCI into earnings for the derivative instrument designated as a cash flow hedge during each of the first quarter of fiscal 2013 and the first quarter of fiscal 2012.

 

     Loss Recognized
in OCI (Effective
Portion)
    

Location of Loss
Reclassified from
Accumulated OCI
(Effective Portion)

   Loss Reclassified
from Accumulated
OCI (Effective
Portion)
    

Location of Loss
(Ineffective Portion) and
Excluded from
Effectiveness Testing

   Loss (Ineffective
Portion) and
Excluded from
Effectiveness
Testing
 

For the first quarter of fiscal 2013:

              

Interest rate contract

   $ 51       Interest expense    $ 56       Interest expense    $ —     

For the first quarter of fiscal 2012:

              

Interest rate contract

   $ 300       Interest expense    $ 69       Interest expense    $ —