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Derivative Financial Instruments (Tables)
12 Months Ended
Jun. 28, 2014
Derivative Financial Instruments [Abstract]  
Derivatives balance sheet location table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset Derivatives

 

 

Liability Derivatives

 

Balance Sheet Location

 

Fair Value

 

 

Balance Sheet Location

 

 

Fair Value

 

(In thousands)

Interest rate swap agreements:

 

 

 

 

 

 

 

 

 

 

June 28, 2014

Other assets

 

$

4,828 

 

 

Accrued expenses

 

$

133,466 

June 29, 2013

Prepaid expenses and other current assets

 

 

2,988 

 

 

N/A

 

 

N/A

 

Derivatives financial statement performance table

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of (Gain) or Loss

 

 

 

Recognized in Comprehensive Income

 

Location of (Gain) or Loss Recognized in  Comprehensive Income

 

2014

 

2013

 

2012

 

 

 

(In thousands)

Fair Value Hedge Relationships:

 

 

 

 

 

 

 

 

 

 

Interest rate swap agreements

Interest expense

 

$

(10,879)

 

$

(4,492)

 

$

(7,900)

 

 

 

 

 

 

 

 

 

 

 

Cash Flow Hedge Relationships:

 

 

 

 

 

 

 

 

 

 

Interest rate swap agreements

Other comprehensive income

 

 

133,466 

 

 

N/A

 

 

N/A

Treasury lock agreement

Other comprehensive income

 

 

N/A

 

 

N/A

 

 

(722)

Interest rate contracts

Interest expense

 

 

625 

 

 

626 

 

 

692