Accumulated Other Comprehensive Income

9 Months Ended

Mar. 29, 2014

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

Note 4. Accumulated Other Comprehensive Income

The Company’s Accumulated other comprehensive income consists of the accumulated net unrealized gains and losses on available-for-sale investments, foreign currency translation adjustments and defined benefit obligations.

For the nine months ended March 29, 2014, the changes in accumulated other comprehensive income by component net of tax were as follows (in millions)

	Unrealized
	losses on			Foreign currency		Defined benefit
	available-for-			translation		obligation, net
	sale investments			adjustments		of tax (1)			Total
Beginning balance as of June 29, 2013	$	(3.1	)	$	16.4	$	(4.7	)	$	8.6
Other comprehensive income before reclassification adjustments	0.3			8.5		—			8.8
Amounts reclassified from Accumulated other comprehensive income	—			—		0.1			0.1
Net current-period other comprehensive income	0.3			8.5		0.1			8.9
Ending balance as of March 29, 2014	$	(2.8	)	$	24.9	$	(4.6	)	$	17.5

(1) Amount represents the amortization of actuarial losses and is included as a component of Selling, general and administrative expense (“SG&A”) in the Consolidated Statements of Operations for the nine months ended March 29, 2014. There was no tax impact. Refer to “Note 15. Employee Defined Benefit Plans” for more details on the computation of net periodic cost for pension plans.