| Components of Accumulated Other Comprehensive Income or Loss |
The components
of accumulated other comprehensive loss, net of tax at the end of
the period, as well as the activity during the period, were as
follows:
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|
|
|
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|
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| |
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Accumulated
Foreign Currency
Translation
Adjustment |
|
|
Accumulated
Unrealized Holding
Gain (Loss) on
Cash Flow Hedges |
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|
Accumulated
Unrealized Holding
Gain (Loss) on
Available-for-Sale
Investments |
|
|
Accumulated
Unrealized
Components of
Defined Benefit Plans |
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|
Total |
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| |
|
(in
thousands) |
|
|
Balance as of June 24,
2012
|
|
$ |
(22,481 |
) |
|
$ |
(212 |
) |
|
$ |
(308 |
) |
|
$ |
(10,817 |
) |
|
$ |
(33,818 |
) |
|
Other comprehensive income
(loss) before relcassifications
|
|
|
5,303 |
|
|
|
10,607 |
|
|
|
(3,844 |
) |
|
|
(3,505 |
) |
|
|
8,561 |
|
|
Losses (gains) reclassified
from accumulated other comprehensive income to net
income
|
|
|
— |
|
|
|
(7,573 |
) (1) |
|
|
4,137 |
(2) |
|
|
— |
|
|
|
(3,436 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Net current-period other
comprehensive income (loss)
|
|
$ |
5,303 |
|
|
$ |
3,034 |
|
|
$ |
293 |
|
|
$ |
(3,505 |
) |
|
$ |
5,125 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance as of June 30,
2013
|
|
$ |
(17,178 |
) |
|
$ |
2,822 |
|
|
$ |
(15 |
) |
|
$ |
(14,322 |
) |
|
$ |
(28,693 |
) |
|
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|
|
|
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|
| (1) |
Amount of after tax gain
reclassified from accumulated other comprehensive income into net
income located in revenue: $8,932 gain, cost of goods sold: $1,048
loss and selling, general and administrative expenses: $311
loss. |
| (2) |
Amount of loss reclassified
from accumulated other comprehensive income into net income located
in other expense, net |
|
| Tax Related to Components of Other Comprehensive Income |
Tax related to
the components of other comprehensive income during the period were
as follows:
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|
|
|
|
|
|
|
|
|
|
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| |
|
Year
Ended |
|
| |
|
June 30, |
|
|
June 24, |
|
|
June 26, |
|
| |
|
2013 |
|
|
2012 |
|
|
2011 |
|
| |
|
(in
thousands) |
|
|
Tax benefit (expense) on
change in unrealized gains/losses on cash flow hedges:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax expense on unrealized
gains/losses arising during the period
|
|
$ |
(1,312 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
Tax expense on gains/losses
reclassified to earnings
|
|
|
818 |
|
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(494 |
) |
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax benfit (expense) on
change in unrealized gains/losses on available-for-sale
investments:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax benefit (expense) on
unrealized gains/losses arising during the period
|
|
|
1,428 |
|
|
|
233 |
|
|
|
(120 |
) |
|
Tax (benefit) expense on
gains/losses reclassified to earnings
|
|
|
(2,026 |
) |
|
|
474 |
|
|
|
436 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(598 |
) |
|
|
707 |
|
|
|
316 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax benefit on change in
unrealized components of defined benefit plans
|
|
|
586 |
|
|
|
944 |
|
|
|
2,162 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Tax benefit (expense) on
other comprehensive income (loss)
|
|
$ |
(506 |
) |
|
$ |
1,651 |
|
|
$ |
2,478 |
|
|
|
|
|
|
|
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|