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Inventories

9 Months Ended

Mar. 30, 2013

INVENTORIES

Inventories are stated at the lower of cost or market and are summarized as follows:



	March 30, 2013		June 30, 2012		March 31, 2012
Finished goods	$	327,037	$	235,593	$	266,709
Work in process	175,935		154,238		161,820
Raw materials	181,769		157,624		161,418
Total inventories	$	684,741	$	547,455	$	589,947

As of March 30, 2013, inventories included balances attributable to the acquisitions of Rosemont and Sergeant's.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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