Briggs & Stratton (BGG) 10-Q 5 Feb 19 2019 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 30, 2018	Jan. 30, 2019
Document Information [Line Items]
Entity Registrant Name	BRIGGS & STRATTON CORP
Entity Central Index Key	14,195
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Dec. 30, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		42,911,786

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 30, 2018	Jul. 01, 2018
CURRENT ASSETS:
Cash and Cash Equivalents	$ 33,954	$ 44,923
Accounts Receivable, Net	242,232	182,801
Inventories:
Finished Products	400,669	290,108
Work in Process	154,489	111,409
Raw Materials	12,098	10,314
Total Inventories	567,256	411,831
Prepaid Expenses and Other Current Assets	38,481	39,651
Total Current Assets	881,923	679,206
OTHER ASSETS:
Goodwill	169,401	163,200
Investments	47,078	50,960
Other Intangible Assets, Net	98,619	95,864
Long-Term Deferred Income Tax Asset	30,442	12,149
Other Long-Term Assets, Net	19,852	20,507
Total Other Assets	365,392	342,680
PLANT AND EQUIPMENT:
Cost	1,197,673	1,175,165
Less - Accumulated Depreciation	784,518	753,085
Total Plant and Equipment, Net	413,155	422,080
TOTAL ASSETS	1,660,470	1,443,966
CURRENT LIABILITIES:
Accounts Payable	226,536	204,173
Short-Term Debt	314,073	48,036
Accrued Liabilities	132,179	131,897
Total Current Liabilities	672,788	384,106
OTHER LIABILITIES:
Accrued Pension Cost	182,925	189,872
Accrued Employee Benefits	20,174	20,196
Accrued Postretirement Health Care Obligation	26,763	30,186
Accrued Warranty	15,514	15,781
Other Long-Term Liabilities	40,874	33,447
Long-Term Debt	196,013	199,954
Total Other Liabilities	482,263	489,436
SHAREHOLDERS' INVESTMENT:
Common Stock - Authorized 120,000 Shares $.01 Par Value, Issued 57,854 Shares	579	579
Additional Paid-In Capital	77,310	76,408
Retained Earnings	1,016,205	1,071,480
Accumulated Other Comprehensive Loss	(254,768)	(252,272)
Treasury Stock at cost, 14,942 Shares and 15,047 Shares, respectively	(333,907)	(325,771)
Total Shareholders' Investment	505,419	570,424
TOTAL LIABILITIES AND SHAREHOLDERS' INVESTMENT	$ 1,660,470	$ 1,443,966

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Dec. 30, 2018	Jul. 01, 2018
Common Stock, shares authorized	120,000	120,000
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares issued	57,854	57,854
Treasury Stock, shares	14,942	15,237

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
NET SALES	$ 505,462	$ 446,436	$ 784,459	$ 775,531
COST OF GOODS SOLD	413,005	353,570	648,248	616,400
Gross Profit	92,457	92,866	136,211	159,131
ENGINEERING, SELLING, GENERAL AND ADMINISTRATIVE EXPENSES	87,139	77,590	187,998	164,062
Equity in Earnings of Unconsolidated Affiliates	3,017	2,113	5,990	5,726
Income from Operations	8,335	17,389	(45,797)	795
INTEREST EXPENSE	(7,482)	(5,593)	(12,643)	(10,550)
OTHER INCOME, Net	(946)	384	(603)	860
Income (Loss) Before Income Taxes	(93)	12,180	(59,043)	(8,895)
PROVISION (CREDIT) FOR INCOME TAXES	2,511	28,524	(15,452)	22,488
NET INCOME (LOSS)	$ (2,604)	$ (16,344)	$ (43,591)	$ (31,383)
Earnings (Loss) Per Share, Basic	$ (0.07)	$ (0.39)	$ (1.05)	$ (0.75)
Earnings (Loss) Per Share, Diluted	$ (0.07)	$ (0.39)	$ (1.05)	$ (0.75)
Weighted Average Number of Shares Outstanding, Basic	41,689	42,154	41,773	42,130
Weighted Average Number of Shares Outstanding, Diluted	41,689	42,154	41,773	42,130
DIVIDENDS PER SHARE	$ 0.14	$ 0.14	$ 0.28	$ 0.28

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Net Income (Loss)	$ (2,604)	$ (16,344)	$ (43,591)	$ (31,383)
Other Comprehensive Income (Loss):
Cumulative Translation Adjustments	264	(681)	(3,426)	3,247
Unrealized Gain on Derivative Instruments, Net of Tax	(3,780)	1,579	(4,478)	1,047
Unrecognized Pension & Postretirement Obligation, Net of Tax	2,682	2,758	5,408	5,478
Other Comprehensive Income (Loss)	(834)	3,656	(2,496)	9,772
Total Comprehensive Income (Loss)	$ (3,438)	$ (12,688)	$ (46,087)	$ (21,611)

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Cash Flows $ in Thousands	6 Months Ended
	Dec. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Cash, Cash Equivalents, and Restricted Cash	$ 35,120
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss)	(43,591)	$ (31,383)
Adjustments to Reconcile Net Income (Loss) to Net Cash Used in Operating Activities:
Depreciation and Amortization	32,263	28,524
Stock Compensation Expense	3,177	3,869
Loss on Disposition of Plant and Equipment	66	1,553
Provision for Deferred Income Taxes	(19,550)	18,427
Equity in Earnings of Unconsolidated Affiliates	(7,854)	(6,948)
Dividends Received from Unconsolidated Affiliates	10,510	9,810
Change in Operating Assets and Liabilities:
Accounts Receivable	(59,838)	29,900
Inventories	(157,401)	(126,075)
Other Current Assets	1,947	(3,402)
Accounts Payable, Accrued Liabilities and Income Taxes	22,382	16,808
Other, Net	1,862	(5,944)
Net Cash Used in Operating Activities	(216,027)	(64,861)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital Expenditures	(34,234)	(45,597)
Proceeds Received on Disposition of Plant and Equipment	12	686
Cash Paid for Acquisition, Net of Cash Acquired	8,865	1,800
Net Cash Used in Investing Activities	(43,087)	(46,711)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net Borrowings on Revolver	266,038	128,648
Repayments on Long-Term Debt	(4,875)	0
Long Term Notes Payable	0	7,685
Debt Issuance Costs	0	(1,154)
Treasury Stock Purchases	(11,429)	(3,128)
Stock Option Exercise Proceeds and Tax Benefits	1,823	2,939
Cash Dividends Paid	5,948	5,998
Payments Related to Shares Withheld for Taxes for Stock Compensation	(257)	(1,147)
Net Cash Provided by Financing Activities	245,352	127,845
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	(336)	1,090
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(14,098)	17,363
CASH AND CASH EQUIVALENTS:
CASH AND CASH EQUIVALENTS, Beginning	44,923	61,707
CASH AND CASH EQUIVALENTS, Ending	$ 33,954	$ 79,070

General Information

General Information	6 Months Ended
	Dec. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General Information	General Information Briggs & Stratton Corporation (the “Company”) is focused on providing power to get work done and make people's lives better. The Company is a U.S. based producer of gasoline engines and outdoor power equipment. The Company’s Engines Segment sells engines worldwide, primarily to original equipment manufacturers ("OEMs") of lawn and garden equipment and other gasoline engine powered equipment. The Company also sells related service parts and accessories for its engines. The Company’s Products Segment designs, manufactures and markets a wide range of outdoor power equipment, job site products, and related accessories. The majority of lawn and garden equipment is sold during the spring and summer months when most lawn care and gardening activities are performed. Engine sales in the Company’s third fiscal quarter have historically been the highest, while sales in the first fiscal quarter have historically been the lowest. Sales of pressure washers and lawn and garden powered equipment are typically higher during the third and fourth fiscal quarters than at other times of the year. Sales of portable generators and snowthrowers are typically higher during the first and second fiscal quarters. Inventory levels generally increase during the first and second fiscal quarters in anticipation of customer demand. Inventory levels begin to decrease as sales increase in the third fiscal quarter. This seasonal pattern results in high inventories and low cash flow for the Company in the first, second and the beginning of the third fiscal quarters. The pattern generally results in higher cash flow in the latter portion of the third fiscal quarter and in the fourth fiscal quarter as inventories are liquidated and receivables are collected. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission and therefore do not include all information and footnotes necessary for a fair statement of financial position, results of operations and cash flows in conformity with accounting principles generally accepted in the United States. The year-end condensed consolidated balance sheet data was derived from audited financial statements, but also does not include all disclosures required by accounting principles generally accepted in the United States. However, in the opinion of the Company, adequate disclosures have been presented to prevent the information from being misleading, and all adjustments necessary to fairly present the results of operations and financial position have been included. All of these adjustments are of a normal recurring nature, except as otherwise noted. Interim results are not necessarily indicative of results for a full year. The information included in these condensed consolidated financial statements should be read in conjunction with the financial statements and the notes thereto that were included in the Company's latest Annual Report on Form 10-K.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Dec. 30, 2018
Prospective Adoption of New Accounting Pronouncements [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In February 2018, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2018-02, Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. ASU No. 2018-02 allows a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. The guidance is effective beginning fiscal year 2020, with early adoption permitted. The Company is currently assessing the impact of this new accounting pronouncement on its financial position. In August 2017, the FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting and Hedging Activities. ASU No. 2017-12 better aligns a Company's risk management activities and financial reporting for hedging relationships, in addition to simplifying certain aspects of ASC Topic 815. The guidance is effective beginning fiscal year 2020, with early adoption permitted. The Company is currently assessing the impact of this new accounting pronouncement on its financial position. In March 2017, the FASB issued ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, which requires an employer to disaggregate the service cost component from the other components of net periodic pension costs within the statement of income. The guidance is applied on a retrospective basis, and became effective for the Company in fiscal 2019. Accordingly, the Company adopted this ASU effective July 2, 2018. Non-service cost components of net periodic pension costs in the amount of $0.5 million and $1.0 million have been included in Other Income in the Statement of Operations for the three and six months ended December 30, 2018. Non-service cost components of net periodic pension costs in the amount of $0.3 million and $0.5 million have been included in Other Income in the Statement of Operations for the three and six months ended December 31, 2017. In January 2017, the FASB issued ASU 2017-04, Simplifying the Test for Goodwill Impairment, which simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the amendments in ASU 2017-04, an entity should recognize an impairment charge for the amount by which the carrying amount of a reporting unit exceeds its fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. The updated guidance requires a prospective adoption. The guidance is effective beginning fiscal year 2021. Early adoption is permitted. The Company is currently assessing the impact of this new accounting pronouncement on its results of operations and financial position. In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash. ASU 2016-18 requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The guidance is effective, on a retrospective basis, beginning fiscal year 2019. Accordingly, the Company has adopted this ASU effective July 2, 2018. The following table provides a reconciliation of the amount of cash and cash equivalents reported on the Condensed Consolidated Balance Sheets to the total of cash and cash equivalents and restricted cash shown on the Condensed Consolidated Statements of Cash Flows (in thousands): December 30, July 1, Cash and cash equivalents $ 33,954 $ 44,923 Restricted cash 1,166 4,295 Cash, cash equivalents and restricted cash $ 35,120 $ 49,218 In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), which is intended to increase transparency and comparability among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing arrangements. Certain qualitative and quantitative disclosures are required, as well as a modified retrospective recognition and measurement of impacted leases. The guidance is effective beginning fiscal year 2020, with early adoption permitted. The Company's project plan involves identifying and implementing appropriate changes to its business processes, systems and controls as well as compiling and evaluating lease arrangements to support lease accounting and disclosures under Topic 842. The Company is currently assessing the impact of this new accounting pronouncement on its results of operations, financial position, and cash flows. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments-Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities (ASU No. 2016-01). ASU No. 2016-01 enhances the existing financial instruments reporting model by modifying fair value measurement tools, simplifying impairment assessments for certain equity instruments, and modifying overall presentation and disclosure requirements. The guidance is effective beginning fiscal year 2019, with early adoption permitted. The Company adopted this standard effective July 1, 2018 and it did not have a material impact on the Company’s results of operations, financial position, and cash flows. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Topic 606 also requires additional disclosure about the nature, amount, timing and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to fulfill a contract. This guidance is effective beginning fiscal year 2019 under either full or modified retrospective adoption. The Company has adopted this ASU effective July 2, 2018 using the modified retrospective approach and this standard did not have a material impact on the Company's Condensed Consolidated Financial Statements. Additional disclosures related to adoption of this ASU have been included at Note 4 .

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) (Notes)	6 Months Ended
	Dec. 30, 2018
Equity [Abstract]
Accumulated Other Comprehensive Income (Loss) [Abstract]	Accumulated Other Comprehensive Income (Loss) The following tables set forth the changes in accumulated other comprehensive income (loss) (in thousands): Three Months Ended December 30, 2018 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (32,618 ) $ 5,788 $ (227,104 ) $ (253,934 ) Other Comprehensive Income (Loss) Before Reclassification 264 (3,050 ) — (2,786 ) Income Tax Benefit (Expense) — 732 — 732 Net Other Comprehensive Income (Loss) Before Reclassifications 264 (2,318 ) — (2,054 ) Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — (1,757 ) — (1,757 ) Realized (Gains) Losses - Commodity Contracts (1) — (6 ) — (6 ) Realized (Gains) Losses - Interest Rate Swaps (1) — (160 ) — (160 ) Amortization of Prior Service Costs (Credits) (2) — — (137 ) (137 ) Amortization of Actuarial Losses (2) — — 3,671 3,671 Total Reclassifications Before Tax — (1,923 ) 3,534 1,611 Income Tax Expense (Benefit) — 461 (852 ) (391 ) Net Reclassifications — (1,462 ) 2,682 1,220 Other Comprehensive Income (Loss) 264 (3,780 ) 2,682 (834 ) Ending Balance $ (32,354 ) $ 2,008 $ (224,422 ) $ (254,768 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans. Three Months Ended December 31, 2017 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (20,816 ) $ (608 ) $ (272,486 ) $ (293,910 ) Other Comprehensive Income (Loss) Before Reclassification (681 ) 1,471 — 790 Income Tax Benefit (Expense) — (551 ) — (551 ) Net Other Comprehensive Income (Loss) Before Reclassifications (681 ) 920 — 239 Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — 1,047 — 1,047 Realized (Gains) Losses - Commodity Contracts (1) — 27 — 27 Realized (Gains) Losses - Interest Rate Swaps (1) — (19 ) — (19 ) Amortization of Prior Service Costs (Credits) (2) — — (314 ) (314 ) Amortization of Actuarial Losses (2) — — 4,727 4,727 Total Reclassifications Before Tax — 1,055 4,413 5,468 Income Tax Expense (Benefit) — (396 ) (1,655 ) (2,051 ) Net Reclassifications — 659 2,758 3,417 Other Comprehensive Income (Loss) (681 ) 1,579 2,758 3,656 Ending Balance $ (21,497 ) $ 971 $ (269,728 ) $ (290,254 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans. Six Months Ended December 30, 2018 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (28,928 ) $ 6,486 $ (229,830 ) $ (252,272 ) Other Comprehensive Income (Loss) Before Reclassification (3,426 ) (1,115 ) — (4,541 ) Income Tax Benefit (Expense) 267 — 267 Net Other Comprehensive Income (Loss) Before Reclassifications (3,426 ) (848 ) — (4,274 ) Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — (2,708 ) (2,708 ) Realized (Gains) Losses - Commodity Contracts (1) — (4 ) (4 ) Realized (Gains) Losses - Interest Rate Swaps (1) — (216 ) (216 ) Amortization of Prior Service Costs (Credits) (2) — (275 ) (275 ) Amortization of Actuarial Losses (2) — 7,399 7,399 Total Reclassifications Before Tax — (2,928 ) 7,124 4,196 Income Tax Expense (Benefit) — (702 ) (1,716 ) (2,418 ) Net Reclassifications — (3,630 ) 5,408 1,778 Other Comprehensive Income (Loss) (3,426 ) (4,478 ) 5,408 (2,496 ) Ending Balance $ (32,354 ) $ 2,008 $ (224,422 ) $ (254,768 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans. Six Months Ended December 31, 2017 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (24,744 ) $ (76 ) $ (275,206 ) $ (300,026 ) Other Comprehensive Income (Loss) Before Reclassification 3,247 (755 ) — 2,492 Income Tax Benefit (Expense) — 283 — 283 Net Other Comprehensive Income (Loss) Before Reclassifications 3,247 (472 ) — 2,775 Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — 2,416 — 2,416 Realized (Gains) Losses - Commodity Contracts (1) — 32 — 32 Realized (Gains) Losses - Interest Rate Swaps (1) — (17 ) — (17 ) Amortization of Prior Service Costs (Credits) (2) — — (627 ) (627 ) Amortization of Actuarial Losses (2) — — 9,392 9,392 Total Reclassifications Before Tax — 2,431 8,765 11,196 Income Tax Expense (Benefit) — (912 ) (3,287 ) (4,199 ) Net Reclassifications — 1,519 5,478 6,997 Other Comprehensive Income (Loss) 3,247 1,047 5,478 9,772 Ending Balance $ (21,497 ) $ 971 $ (269,728 ) $ (290,254 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Dec. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings (Loss) Per Share The Company computes earnings (loss) per share using the two-class method, an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. The Company’s unvested grants of restricted stock, restricted stock units, and deferred stock awards contain non-forfeitable rights to dividends (whether paid or unpaid), which are required to be treated as participating securities and included in the computation of basic earnings (loss) per share. Information on earnings (loss) per share is as follows (in thousands, except per share data): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Net Loss $ (2,604 ) $ (16,344 ) $ (43,591 ) $ (31,383 ) Less: Allocation to Participating Securities (154 ) (150 ) (305 ) (301 ) Net Loss Available to Common Shareholders $ (2,758 ) $ (16,494 ) $ (43,896 ) $ (31,684 ) Average Shares of Common Stock Outstanding 41,689 42,154 41,773 42,130 Shares Used in Calculating Diluted Earnings (Loss) Per Share 41,689 42,154 41,773 42,130 Basic Loss Per Share $ (0.07 ) $ (0.39 ) $ (1.05 ) $ (0.75 ) Diluted Loss Per Share $ (0.07 ) $ (0.39 ) $ (1.05 ) $ (0.75 ) The dilutive effect of the potential exercise of outstanding stock-based awards to acquire common shares is calculated using the treasury stock method. No options to purchase shares of common stock were excluded from the calculation of diluted earnings (loss) per share as the exercise prices were greater than the average market price of the common shares. As a result of the Company incurring a net loss for the three and six months ended December 30, 2018 , potential incremental common shares of 593,587 and 668,956 , respectively, were excluded from the calculation of diluted earnings (loss) per share because the effect would have been anti-dilutive. On April 25, 2018, the Board of Directors authorized up to $50 million in funds for use in the common share repurchase program with an expiration date of June 30, 2020. As of December 30, 2018 , the total remaining authorization was approximately $38.6 million . The common share repurchase program authorizes the purchase of shares of the Company's common stock on the open market or in private transactions from time to time, depending on market conditions and certain governing debt covenants. During the six months ended December 30, 2018 , the Company repurchased 684,822 shares on the open market at an average price of $16.69 per share, as compared to 141,195 shares purchased on the open market at an average price of $22.16 per share during the six months ended December 31, 2017 .

Investments Investments

Investments Investments	6 Months Ended
	Dec. 30, 2018
Investments, Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures Disclosure [Text Block]	Investments Investments represent the Company’s investments in unconsolidated affiliated companies. Financial information of the unconsolidated affiliated companies is accounted for by the equity method, generally on a lag of one month or less. The following table sets forth the unaudited results of operations of unconsolidated affiliated companies for the three and six months ended December 30, 2018 and December 31, 2017 (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Results of Operations: Sales $ 75,331 $ 75,579 $ 155,170 $ 156,426 Cost of Goods Sold 58,567 57,699 119,680 119,681 Gross Profit $ 16,764 $ 17,880 $ 35,490 $ 36,745 Net Income $ 4,003 $ 4,881 $ 9,040 $ 9,897 The following table sets forth the unaudited balance sheets of unconsolidated affiliated companies as of December 30, 2018 and July 1, 2018 (in thousands): December 30, July 1, Financial Position: Assets: Current Assets $ 123,683 $ 150,382 Noncurrent Assets 41,703 45,186 165,386 195,568 Liabilities: Current Liabilities $ 37,368 $ 54,007 Noncurrent Liabilities 17,341 20,027 54,709 74,034 Equity $ 110,677 $ 121,534 The Company concluded that its equity method investments are integral to its business. The equity method investments provide manufacturing and distribution functions, which are important parts of its operations. Net sales to equity method investees were approximately $21.2 million and $37.0 million for the six months ended December 30, 2018 and December 31, 2017 , respectively. Purchases of finished products from equity method investees were approximately $58.4 million and $57.3 million for the six months ended December 30, 2018 and December 31, 2017 , respectively.

Pension and Postretirement Bene

Pension and Postretirement Benefits	6 Months Ended
	Dec. 30, 2018
Retirement Benefits [Abstract]
Pension and Postretirement Benefits	Pension and Postretirement Benefits The Company has noncontributory defined benefit retirement plans and postretirement plans covering certain employees. The following tables summarize the plans’ income and expense for the periods indicated (in thousands): Pension Benefits Other Postretirement Benefits Three Months Ended Three Months Ended December 30, December 31, December 30, December 31, Components of Net Periodic (Income) Expense: Service Cost (Credit) $ 1,138 $ (300 ) $ 19 $ 25 Interest Cost on Projected Benefit Obligation 9,923 10,760 586 591 Expected Return on Plan Assets (13,574 ) (15,482 ) — — Amortization of: Prior Service Cost (Credit) 45 45 (182 ) (359 ) Actuarial Loss 2,893 3,871 778 856 Net Periodic (Income) Expense $ 425 $ (1,106 ) $ 1,201 $ 1,113 Pension Benefits Other Postretirement Benefits Six Months Ended Six Months Ended December 30, December 31, December 30, December 31, Components of Net Periodic (Income) Expense: Service Cost $ 2,270 $ 1,201 $ 53 $ 67 Interest Cost on Projected Benefit Obligation 19,860 21,534 1,166 1,186 Expected Return on Plan Assets (27,164 ) (30,956 ) — — Amortization of: Prior Service Cost (Credit) 90 90 (365 ) (717 ) Actuarial Loss 5,819 7,666 1,580 1,726 Net Periodic (Income) Expense $ 875 $ (465 ) $ 2,434 $ 2,262 The Company expects to make benefit payments of $3.4 million attributable to its non-qualified pension plans for the full year of fiscal 2019. During the first six months of fiscal 2019, the Company made payments of approximately $1.9 million for its non-qualified pension plans. The Company anticipates making benefit payments of approximately $7.9 million for its other postretirement benefit plans for the full year of fiscal 2019. During the first six months of fiscal 2019, the Company made payments of $4.7 million for its other postretirement benefit plans. During the first six months of fiscal 2019, the Company made no cash contributions to the qualified pension plan. Based upon current regulations and actuarial studies the Company is required to make no minimum contributions to the qualified pension plan in fiscal 2019. The Company may be required to make further required contributions in future years or the future expected funding requirements may change depending on a variety of factors including the actual return on plan assets, the funded status of the plan in future periods, and changes in actuarial assumptions or regulations.

Stock Incentives

Stock Incentives	6 Months Ended
	Dec. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentives	Stock Incentives Stock based compensation expense is calculated by estimating the fair value of incentive stock awards granted and amortizing the estimated value over the awards' vesting period. Stock based compensation expense was $1.0 million and $3.2 million for the three and six months ended December 30, 2018 , respectively. For the three and six months ended December 31, 2017 , stock based compensation expense was $1.6 million and $3.9 million , respectively.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Dec. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments & Hedging Activities The Company enters into derivative contracts designated as cash flow hedges to manage certain interest rate, foreign currency and commodity exposures. Company policy allows derivatives to be used only for identifiable exposures and, therefore, the Company does not enter into derivative instruments for trading purposes where the sole objective is to generate profits. The Company formally designates the financial instrument as a hedge of a specific underlying exposure and documents both the risk management objectives and strategies for undertaking the hedge. The Company formally assesses, both at the inception and at least quarterly thereafter, whether the financial instruments that are used in hedging transactions are effective at offsetting changes in the forecasted cash flows of the related underlying exposure. Because of the high degree of effectiveness between the hedging instrument and the underlying exposure being hedged, fluctuations in the value of the derivative instruments are generally offset by changes in the forecasted cash flows of the underlying exposures being hedged. Derivative financial instruments are recorded within the Condensed Consolidated Balance Sheets as assets or liabilities, measured at fair value. The effective portion of gains or losses on derivatives designated as cash flow hedges are reported as a component of Accumulated Other Comprehensive Income (Loss) (AOCI) and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Any ineffective portion of a financial instrument's change in fair value is immediately recognized in earnings. The Company discontinues hedge accounting prospectively when it determines that the derivative is no longer effective in offsetting cash flows attributable to the hedged risk, the derivative expires or is sold, terminated, or exercised, the cash flow hedge is dedesignated because a forecasted transaction is not probable of occurring, or management determines to remove the designation of the cash flow hedge. In all situations in which hedge accounting is discontinued and the derivative remains outstanding, the Company continues to carry the derivative at its fair value on the balance sheet and recognizes any subsequent changes in its fair value in earnings. When it is probable that a forecasted transaction will not occur, the Company discontinues hedge accounting and recognizes immediately in earnings gains and losses that were accumulated in other comprehensive income related to the hedging relationship. The Company enters into interest rate swaps to manage a portion of its interest rate risk from financing certain dealer and distributor inventories through a third party financing source. The swaps are designated as cash flow hedges and are used to effectively fix the interest payments to third party financing sources, exclusive of lender spreads, ranging from 0.98% to 2.83% for a notional principal amount of $130.0 million with expiration dates ranging from May 2019 through June 2024 . In the second quarter, the Company entered into interest rate swaps to manage a portion of its interest rate risk from anticipated floating rate, LIBOR based indebtedness, exclusive of lender spreads, ranging from 2.81% to 3.133%. The swaps are designated as cash flow hedges, in an aggregate amount of $100 million, with forward starting dates between July and December 2019 and termination dates between July 2026 and December 2029 The Company periodically enters into foreign currency contracts to hedge the risk from forecasted third party and intercompany sales or payments denominated in foreign currencies. The Company's primary foreign currency exposures are the Australian Dollar, the Brazilian Real, the Canadian Dollar, the Chinese Renminbi, the Euro, and the Japanese Yen against the U.S. Dollar. These contracts generally do not have a maturity of more than twenty-four months. The Company uses raw materials that are subject to price volatility. The Company hedges a portion of its exposure to the variability of cash flows associated with commodities used in the manufacturing process by entering into forward purchase contracts or commodity swaps. Derivative contracts designated as cash flow hedges are used by the Company to reduce exposure to variability in cash flows associated with future purchases of natural gas. These contracts generally do not have a maturity of more than thirty-six months. The Company has considered the counterparty credit risk related to all of its interest rate, foreign currency, and commodity derivative contracts and does not deem any counterparty credit risk material at this time. As of December 30, 2018 and July 1, 2018 , the Company had the following outstanding derivative contracts (in thousands): Contract Notional Amount December 30, July 1, Interest Rate: LIBOR Interest Rate (U.S. Dollars) Fixed 230,000 110,000 Foreign Currency: Australian Dollar Sell 29,340 35,833 Brazilian Real Buy 6,199 28,822 Canadian Dollar Sell 19,030 14,430 Chinese Renminbi Buy 113,915 62,209 Euro Sell 14,716 32,592 Japanese Yen Buy 1,655,000 587,500 Commodity: Natural Gas (Therms) Buy 9,383 10,553 The location and fair value of derivative instruments reported in the Condensed Consolidated Balance Sheets are as follows (in thousands): Balance Sheet Location Asset (Liability) Fair Value December 30, July 1, Interest rate contracts Other Current Assets $ 92 $ 161 Other Long-Term Assets 2,789 3,844 Accrued Liabilities (2,789 ) — Foreign currency contracts Other Current Assets 2,433 3,881 Other Long-Term Assets 10 31 Accrued Liabilities (326 ) (195 ) Other Long-Term Liabilities (49 ) — Commodity contracts Other Current Assets 83 16 Other Long-Term Assets 25 5 Accrued Liabilities — (7 ) Other Long-Term Liabilities (16 ) (29 ) $ 2,252 $ 7,707 The effect of derivative instruments on the Condensed Consolidated Statements of Operations and Comprehensive Loss is as follows (in thousands): Three Months Ended December 30, 2018 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ (58 ) Net Sales $ 216 $ — Foreign currency contracts - sell (1,509 ) Net Sales 1,520 — Foreign currency contracts - buy (2,211 ) Cost of Goods Sold 237 — Commodity contracts (2 ) Cost of Goods Sold 4 — $ (3,780 ) $ 1,977 $ — Three Months Ended December 31, 2017 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ 482 Net Sales $ 19 $ — Foreign currency contracts - sell 592 Net Sales (840 ) — Foreign currency contracts - buy 601 Cost of Goods Sold (207 ) — Commodity contracts (96 ) Cost of Goods Sold (27 ) — $ 1,579 $ (1,055 ) $ — Six Months Ended December 30, 2018 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ 48 Net Sales $ 216 $ — Foreign currency contracts - sell (1,840 ) Net Sales 2,636 — Foreign currency contracts - buy (2,668 ) Cost of Goods Sold 72 — Commodity contracts (18 ) Cost of Goods Sold 4 — $ (4,478 ) $ 2,928 $ — Six Months Ended December 31, 2017 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ 544 Net Sales $ 17 $ — Foreign currency contracts - sell 116 Net Sales (1,674 ) — Foreign currency contracts - buy 472 Cost of Goods Sold (742 ) — Commodity contracts (85 ) Cost of Goods Sold (32 ) — $ 1,047 $ (2,431 ) $ — During the next twelve months, the estimated net amount of gain on cash flow hedges as of December 30, 2018 expected to be reclassified out of AOCI into earnings is $1.0 million .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels: Level 1: Quoted prices for identical instruments in active markets. Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-driven valuations whose inputs are observable or whose significant value drivers are observable. Level 3: Significant inputs to the valuation model are unobservable. The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 30, 2018 and July 1, 2018 (in thousands): Fair Value Measurements Using December 30, Level 1 Level 2 Level 3 Assets: Derivatives $ 5,432 $ — $ 5,432 $ — Liabilities: Derivatives $ 3,180 $ — $ 3,180 $ — July 1, Level 1 Level 2 Level 3 Assets: Derivatives $ 7,938 $ — $ 7,938 $ — Liabilities: Derivatives $ 231 $ — $ 231 $ — The fair value for Level 2 measurements are based upon the respective quoted market prices for comparable instruments in active markets, which include current market pricing for forward purchases of commodities, foreign currency forwards, and current interest rates. The Company has currently chosen not to elect the fair value option for any items that are not already required to be measured at fair value in accordance with accounting principles generally accepted in the United States. The estimated fair value of the Company's Senior Notes (as defined in Note 15 ) at December 30, 2018 and July 1, 2018 was $200.5 million and $214.0 million , respectively, compared to the carrying value of $196.6 million and $200.8 million. The estimated fair value of the Senior Notes is based on quoted market prices for similar instruments and is, therefore, classified as Level 2 within the valuation hierarchy. The carrying value of the Revolver (as defined in Note 15 ) approximates fair value since the underlying rate of interest is variable based upon LIBOR rates. The Company believes that the carrying values of cash and cash equivalents, trade receivables, and accounts payable are reasonable estimates of their fair values at December 30, 2018 and July 1, 2018 due to the short-term nature of these instruments.

Warranty

Warranty	6 Months Ended
	Dec. 30, 2018
Standard Product Warranty Disclosure [Abstract]
Warranty	Warranty The Company recognizes the cost associated with its standard warranty on Engines and Products at the time of sale. The general warranty period begins at the time of retail sale and typically covers two years, but may vary due, in general, to product type and geographic location. The amount recognized is based on historical failure rates and current claim cost experience. The following is a reconciliation of the changes in accrued warranty costs for the reporting period (in thousands): Six Months Ended December 30, December 31, Beginning Balance $ 45,327 $ 43,108 Payments (12,335 ) (13,587 ) Provision for Current Year Warranties 9,176 10,313 Changes in Estimates 60 509 Ending Balance $ 42,228 $ 40,343

Income Taxes

Income Taxes	6 Months Ended
	Dec. 30, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes On December 22, 2017 the U.S. government enacted significant tax legislation (the “Tax Act”). The Tax Act makes broad and complex changes to the U.S. tax code that will impact the Company’s financial statements, including but not limited to a permanent decrease in the corporate federal statutory income tax rate and a one-time charge from the inclusion of foreign earnings that the Company can elect to pay over eight years. The SEC staff issued Staff Accounting Bulletin 118 (“SAB 118”), which provides guidance on accounting for the tax effects of the Tax Act. SAB 118 provides a measurement period that should not extend beyond one year from the Tax Act enactment date for companies to complete the accounting under ASC 740. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the Tax Act for which the accounting under ASC 740 is complete. To the extent that a company’s accounting for certain income tax effects of the Tax Act is incomplete but it is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of the provisions of the tax laws that were in effect immediately before the enactment of the Tax Act. In accordance with SAB 118, the Company’s measurement period was over effective in the second quarter of fiscal 2019 and Company’s accounting for the Tax Act is complete. In connection with the Company’s analysis of the impact of the Tax Act, a tax expense of approximately $21.1 million was recorded in fiscal 2018. This amount consists of an expense resulting from the re-measurement of deferred tax assets and liabilities for the corporate tax rate reduction of approximately $13.8 million and an expense related to the inclusion of foreign earnings of approximately $7.3 million . In the second quarter of fiscal 2019, the Company has recorded an additional income tax expense of approximately $1.1 million related to the inclusion of foreign earnings, bringing the total expense to $8.4 million. Effective in the second quarter of fiscal 2019, the Company has completed its accounting for the income tax effects of the Tax Act. The Company has evaluated its permanent reinvestment assertions since the Tax Act can provide opportunity to repatriate overseas cash to the U.S. at a lower tax cost. There is a dividends received deduction available for certain foreign distributions under the Tax Act, but certain foreign earnings remain subject to withholding taxes upon repatriation. As of December 30, 2018, the Company has analyzed its global working capital and cash requirements and the potential tax liabilities attributable to repatriation in regards to its permanent reinvestment assertion. During fiscal 2018, the Company removed its permanent reinvestment assertion on approximately $33 million of its foreign earnings and made distributions from its foreign earnings related to the assertion removal in the second quarter of approximately $18 million. The Company repatriated the additional $15 million of foreign earnings in the second quarter of fiscal 2019. During the second quarter of fiscal 2019, the Company has also removed its permanent reinvestment assertion on an additional approximately $21.6 million of its accumulated offshore earnings. This resulted in the previously mentioned estimated tax expense of $1.1 million. The Company has recorded the tax effects of the distributions and planned repatriations in its financial statements, including withholding taxes and currency gain and loss. For the remainder of its foreign earnings, the Company has not changed its prior assertion. Accordingly, deferred taxes attributable to its investments in its foreign subsidiaries have not yet been recorded. When calculating the income tax provision, the Company uses an estimate of the annual effective tax rate based upon information known at each interim period. The actual effective tax rate is adjusted each quarter based upon changes to the forecast as compared to the beginning of the fiscal year and each following interim period. The effective tax rate for the second quarter of fiscal 2019 was (2,682.4)% , compared to 234.2% for the same period last year. The effective tax rate for the first six months of fiscal 2019 was 26.2% , compared to (252.8)% for the same period of fiscal 2018. As a result of the Tax Act, the Company was subject to a U.S. federal statutory corporate income tax rate of 28% for the fiscal year ended July 1, 2018 and a U.S. federal statutory corporate income tax rate of 21% in the fiscal year ending June 30, 2019 and future fiscal years. The Company’s second quarter of fiscal 2019 tax rate includes the aforementioned $1.1 million discrete income tax expense related to the removal of a portion of its accumulated foreign earnings. The Company’s fiscal year 2018 tax rates reflect the estimated impact of the Tax Act at that time, including approximately $18.7 million resulting from the re-measurement of the Company’s deferred tax assets and liabilities as of the second quarter of fiscal 2018 and tax expense related to the inclusion of foreign earnings of approximately $6.2 million. The tax rates for the first six months and the second quarters of fiscal 2019 and 2018 were also impacted by the federal research and development credit.

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Dec. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	Commitments and Contingencies The Company is subject to various unresolved legal actions that arise in the normal course of its business. These actions typically relate to product liability (including asbestos-related liability), patent and trademark matters, and disputes with customers, suppliers, distributors and dealers, competitors and employees. On May 12, 2010, Exmark Manufacturing Company, Inc. filed suit against Briggs & Stratton Power Products Group, LLC (“BSPPG”), a wholly owned subsidiary of the Company that was subsequently merged with and into the Company on January 1, 2017 (Case No. 8:10CV187, U.S. District Court for the District of Nebraska), alleging that certain Ferris® and Snapper Pro® mower decks infringed an Exmark mower deck patent. Exmark sought damages relating to sales since May 2004, attorneys’ fees, and enhanced damages. As a result of a reexamination proceeding in 2012, the United States Patent and Trademark Office (“USPTO”) initially rejected the asserted Exmark claims as invalid. However, in 2014, that decision was reversed by the USPTO on appeal by Exmark. Following discovery, each of BSPPG and Exmark filed several motions for summary judgment in the Nebraska district court, which were decided on July 28, 2015. The court concluded that older mower deck designs infringed Exmark’s patent, leaving for trial the issues of whether current designs infringed, the amount of damages, and whether any infringement was willful. The trial began on September 8, 2015, and on September 18, 2015, the jury returned its verdict, finding that BSPPG’s current mower deck designs do not infringe the Exmark patent. As to the older designs, the jury awarded Exmark $24.3 million in damages and found that the infringement was willful, allowing the judge to enhance the jury’s damages award post-trial by up to three times. Also on September 18, 2015, the U.S. Court of Appeals for the Federal Circuit issued its decision in an unrelated case, SCA Hygiene Products Aktiebolag SCA Personal Care, Inc. v. First Quality Baby Products, LLC, et al. (Case No. 2013-1564) (“SCA”), confirming the availability of laches as a defense to patent infringement claims. Laches is an equitable doctrine that may bar a patent owner from obtaining damages prior to commencing suit, in circumstances in which the owner knows or should have known its patent was being infringed for more than six years. Although the court in the Exmark case ruled before trial that BSPPG could not rely on the defense of laches, as a result of the subsequent SCA decision, the court held a bench trial on that defense on October 21 and 22, 2015. On May 2, 2016, the United States Supreme Court agreed to review the SCA decision. The parties submitted post-trial motions and briefing related to: damages; willfulness; laches; attorney fees; enhanced damages; and prejudgment/post-judgment interest and costs. All post-trial motions and briefing were completed on December 18, 2015. On May 11, 2016, the court ruled on those post-trial motions and entered judgment against BSPPG and in favor of Exmark in the amount of $24.3 million in compensatory damages, an additional $24.3 million in enhanced damages, and $1.5 million in pre-judgment interest along with post-judgment interest and costs to be determined. The Company strongly disagreed with the jury verdict, certain rulings made before and during trial, and the May 11, 2016 post-trial rulings. BSPPG appealed to the U.S. Court of Appeals for the Federal Circuit on several bases, including the issues of obviousness and invalidity of Exmark’s patent, the damages calculation, willfulness and laches. Following briefing of the appeal and prior to oral argument, the United States Supreme Court overturned the SCA decision, ruling that laches is not available in a patent infringement case for damages. That ruling eliminated laches as one basis for BSPPG’s appeal of the Exmark case. The appellate court held a hearing on the remainder of BSPPG’s appeal on April 5, 2017 and issued its decision on January 12, 2018. The appellate court found that the district court erred in granting summary judgment concerning the patent’s validity and remanded that issue to the district court for reconsideration. The appellate court also vacated the jury’s damages award and the district court’s award of enhanced damages, remanding the case to the district court for a new trial on damages and reconsideration on willfulness. The appellate court affirmed the district court rulings in all other respects. In subsequent rulings, the district court reaffirmed the validity of Exmark’s patent and its original ruling on willfulness. A new trial on the issue of damages commenced on December 10, 2018, resulting in a damages assessment by the jury of $14.4 million. On December 20, 2018, the district court entered judgment against the Company and in favor of Exmark in the amount of $14.4 million in compensatory damages, an additional $14.4 million in enhanced damages, as well as pre-judgment interest, post-judgment interest and costs to be determined. The Company strongly disagrees with the verdict and certain rulings made before and during the new trial and intends to vigorously pursue its rights through post-trial motions and, if necessary, on appeal. In assessing whether the Company should accrue a liability in its financial statements as a result of this lawsuit, the Company considered various factors, including the legal and factual circumstances of the case, the trial records and post-trial rulings of the district court, the decision of the appellate court, the current status of the proceedings, applicable law and the views of legal counsel. As a result of this review, the Company has concluded that a loss from this case is not probable and reasonably estimable at this time and, therefore, a liability has not been recorded with respect to this case as of December 30, 2018. Although it is not possible to predict with certainty the outcome of this and other unresolved legal actions or the range of possible loss, the Company believes the unresolved legal actions will not have a material adverse effect on its results of operations, financial position or cash flows.

Segment Information

Segment Information	6 Months Ended
	Dec. 30, 2018
Segment Reporting [Abstract]
Segment Information	Segment Information The Company aggregates operating segments that have similar economic characteristics, products, production processes, types or classes of customers and distribution methods into reportable segments. The Company concluded that it operates two reportable segments: Engines and Products. The Company uses “segment income (loss)” as the primary measure to evaluate operating performance and allocate capital resources for the Engines and Products Segments. For all periods presented, segment income (loss) is equal to income (loss) from operations. Summarized segment data is as follows (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, NET SALES: Engines $ 272,018 $ 243,505 $ 391,108 $ 406,252 Products 254,627 222,080 427,670 408,676 Inter-Segment Eliminations (21,183 ) (19,149 ) (34,319 ) (39,397 ) Total* $ 505,462 $ 446,436 $ 784,459 $ 775,531 * International sales included in net sales based on product shipment destination $ 148,125 $ 157,248 $ 236,651 $ 271,885 GROSS PROFIT: Engines $ 55,614 $ 55,429 $ 71,551 $ 86,648 Products 37,577 37,090 65,213 72,797 Inter-Segment Eliminations (734 ) 347 (553 ) (314 ) Total $ 92,457 $ 92,866 $ 136,211 $ 159,131 SEGMENT INCOME (LOSS): Engines $ 4,658 $ 8,722 $ (39,593 ) $ (10,894 ) Products 4,411 8,320 (5,651 ) 12,003 Inter-Segment Eliminations (734 ) 347 (553 ) (314 ) Total $ 8,335 $ 17,389 $ (45,797 ) $ 795 The following supplemental data is presented for informational purposes. Pre-tax business optimization and litigation settlement charges included in gross profit were as follows (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Engines $ 665 $ 703 $ 1,088 $ 1,128 Products 834 754 3,713 1,522 Total $ 1,499 $ 1,457 $ 4,801 $ 2,650 Pre-tax business optimization charges, bad debt expense related to a major retailer bankruptcy, litigation settlement charge, and acquisition integration activities included in segment income (loss) were as follows (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Engines $ 7,508 $ 2,016 $ 21,871 $ 4,347 Products 3,405 1,044 15,169 3,950 Total $ 10,913 $ 3,060 $ 37,040 $ 8,297

Debt

Debt	6 Months Ended
	Dec. 30, 2018
Debt Disclosure [Abstract]
Debt	Debt The following is a summary of the Company’s indebtedness (in thousands): December 30, July 1, Multicurrency Credit Agreement $ 314,073 $ 48,036 Total Short-Term Debt $ 314,073 $ 48,036 Note Payable (NMTC transaction) $ 7,685 $ 7,685 Unamortized Debt Issuance Costs associated with Note Payable 927 1,009 $ 6,758 $ 6,676 6.875% Senior Notes $ 196,579 $ 200,888 Unamortized Debt Issuance Costs associated with 6.875% Senior Notes 566 934 $ 196,013 $ 199,954 Total Long-Term Debt $ 202,771 $ 206,630 On December 20, 2010, the Company issued $225 million of 6.875% Senior Notes ("Senior Notes") due December 15, 2020 . During the three and six months ended December 30, 2018, the Company repurchased $4.9 million of the Senior Notes. There were no repurchases during the three and six months ended December 31, 2017. On March 25, 2016, the Company entered into a $500 million amended and restated multicurrency credit agreement (the “Revolver”) that matures on March 25, 2021 . The Revolver amended and restated the Company’s $500 million multicurrency credit agreement dated as of October 13, 2011 (as previously amended), which would have matured on October 21, 2018 . The initial maximum availability under the Revolver is $500 million . Availability under the revolving credit facility is reduced by outstanding letters of credit. The Company may from time to time increase the maximum availability under the revolving credit facility by up to $250 million if certain conditions are satisfied. As of December 30, 2018 , $314.1 million was outstanding under the Revolver. There were no borrowings under the Revolver as of July 2, 2017. The Company classifies debt issuance costs related to the Revolver as an asset, regardless of whether it has any outstanding borrowings on the line of credit arrangements. The Senior Notes and the Revolver contain restrictive covenants. These covenants include restrictions on the ability of the Company and/or certain subsidiaries to pay dividends, repurchase equity interests of the Company and certain subsidiaries, incur indebtedness, create liens, consolidate and merge and dispose of assets, and enter into transactions with the Company's affiliates. The Revolver contains financial covenants that require the Company to maintain a minimum interest coverage ratio and impose on the Company a maximum average leverage ratio. On August 16, 2017, the Company entered into a financing transaction with SunTrust Community Capital, LLC (“SunTrust”) related to the Company's business optimization program under the New Markets Tax Credit (“NMTC”) program. The NMTC program was provided for in the Community Renewal Tax Relief Act of 2000 (the “Act”) and is intended to induce capital investment in qualified low-income communities. The Act permits taxpayers to claim credits against their Federal income taxes for qualified investments in the equity of community development entities (“CDEs”). CDEs are privately managed investment institutions that are certified to make qualified low-income community investments (“QLICIs”). In connection with the financing, one of the Company’s subsidiaries loaned approximately $ 16 million to an investment fund, and simultaneously, SunTrust contributed approximately $ 8 million to the investment fund. SunTrust is entitled to substantially all of the benefits derived from the NMTCs. SunTrust’s contribution, net of syndication fees, is included in Other Long-Term Liabilities on the consolidated balance sheets. The Company incurred approximately $1.2 million in new debt issuance costs, which are being amortized over the life of the note payable. The investment fund contributed the proceeds to certain CDEs, which, in turn, loaned the funds to the Company, as partial financing for the business optimization program. The proceeds of the loans from the CDEs (including loans representing the capital contribution made by SunTrust, net of syndication fees) are restricted for use on the project. Restricted cash of $ 1.2 million held by the Company at December 30, 2018 is included in Prepaid Expenses and Other Current Assets in the accompanying consolidated balance sheet. This financing also includes a put/call provision that can be exercised beginning in August 2024 whereby the Company may be obligated or entitled to repurchase SunTrust’s interest in the investment fund for a de minimis amount. The Company has determined that the financing arrangement is a variable interest entity (“VIE”) and has consolidated the VIE in accordance with the accounting standard for consolidation.

Revenue Revenue (Notes)

Revenue Revenue (Notes)	6 Months Ended
	Dec. 30, 2018
Revenue Recognition, Multiple-deliverable Arrangements, Description [Policy Text Block]	The Company has adopted ASC 606 using the modified retrospective approach. Revenue is measured based on consideration expected to be received from a customer, and excludes any cash discounts, volume rebates and discounts, floor plan interest, advertising allowances, and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control of a product to a customer, which is generally upon shipment. Nature of Revenue The Company’s revenues primarily consist of sales of engines and products to its customers. The Company considers the purchase orders, which may also be governed by purchasing agreements, to be the contracts with customers. For each contract, the Company considers delivery of the engines and products to be the identified performance obligations. The following is a description of principal activities, separated by reportable segments, from which the Company generates its revenue. For more detailed information about reportable segments, see Note 14 . The Engines segment principally generates revenue by providing gasoline engines and power solutions to OEMs which serve commercial and residential markets primarily for lawn and garden equipment applications. The Company typically enters into annual purchasing plans with its engine customers. In certain cases, the Company has entered into longer supply arrangements of two to three years; however, these longer term supply agreements do not generally create unfulfilled performance obligations. The sale of products to OEMs represents a single performance obligation. Revenue is recognized at a point in time when the product is shipped as substantially all engines are not customized for each customer and there is an alternative use for such inventory. The amount of revenue recognized is adjusted for variable consideration such as tiered volume discounts and rebates. Revenue recognized is also adjusted based on an estimate of future returns. The Products segment generates revenue through the sale of end user products through retail distribution, independent dealer networks, the US mass retail channel, and the rental channel. These channels primarily serve commercial and residential end users. The sale of products to the various distribution networks represents a single performance obligation. Revenue is recognized at a point in time when the product is shipped as the products are not typically customized for each customer; therefore, there is an alternative use for such inventory. The amount of revenue recognized is adjusted for variable consideration such as tiered volume discounts, rebates, and floor plan interest. Revenue recognized is also adjusted based on an estimate of future returns. Both the Engines and Products segments account for variable consideration and estimated returns according to the same accounting policies. The Company offers a variable discount if certain customers reach established volume goals in the form of tiered volume discounts. The Company applies the expected value approach to estimate the value of the discount which is then applied as a reduction to the transaction price. Included in net sales for the three and six months ended December 30, 2018 were reductions for tiered volume discounts of $1.2 million and $2.4 million , respectively. The Company offers rebates in the form of promotional allowances to incentivize certain customers to make purchases. The expected value approach is used to estimate the rebate value relative to these allowances which is then applied as a reduction of the transaction price. Included in net sales for the three and six months ended December 30, 2018 were reductions for rebates of $1.1 million and $1.9 million , respectively. Included in net sales are costs associated with programs under which the Company shares the expense of financing certain dealer and distributor inventories, referred to as floor plan expense. This represents interest for a pre-established length of time based on a variable rate (LIBOR) plus a fixed percentage from a contract with a third party financing source for dealer and distributor inventory purchases. Sharing the cost of these financing arrangements is used by the Company as a marketing incentive for customers to purchase the Company's products to have floor stock for end users to purchase. The Company enters into interest rate swaps to hedge cash flows for a portion of its interest rate risk. The financing costs, net of the related gain or loss on interest rate swaps, are recorded at the time of sale as a reduction of net sales. Included in net sales for the three and six months ended December 30, 2018 were financing costs, net of the related gain or loss on interest rate swaps, of $0.9 million and $1.6 million , respectively. The Company estimates the expected number of returns based on historical return rates and reduces revenue by the amount of expected returns. The Company requires prepayment on sales in limited circumstances, but the contract liability related to prepayments is immaterial as of December 30, 2018 and represents less than 1% of total sales. The Company offers a standard warranty that is not sold separately on substantially all products that the Company sells which is accounted for as an assurance warranty. Accordingly, no component of the transaction price is allocated to the standard warranty. The Company records a liability for product warranty obligations at the time of sale to a customer based upon historical warranty experience. During six month period ended December 30, 2018 , the Company recorded $4.1 million of bad debt expense related to a trade customer declaring bankruptcy. This charge occurred in the first quarter and there was no additional charge in the second quarter of fiscal 2019. Disaggregation of Revenue In the following table, revenue is disaggregated by primary product application. The table also includes a reconciliation of the disaggregated revenue with the reportable segments for the three and six months ended December 30, 2018 , as follows (in thousands): Three Month Period Ended December 30, 2018 Engines Products Eliminations Total Commercial $ 58,188 $ 99,766 $ (7,460 ) $ 150,494 Residential 213,830 154,861 (13,723 ) 354,968 Total $ 272,018 $ 254,627 $ (21,183 ) $ 505,462 Six Month Period Ended December 30, 2018 Engines Products Eliminations Total Commercial $ 94,205 $ 171,349 $ (8,926 ) $ 256,628 Residential 296,903 256,321 (25,393 ) 527,831 Total $ 391,108 $ 427,670 $ (34,319 ) $ 784,459

Acquisitions (Notes)

Acquisitions (Notes)	6 Months Ended
	Dec. 30, 2018
Business Acquisition [Line Items]
Business Combination Disclosure [Text Block]	On July 31, 2018 the Company completed a cash acquisition of certain assets of Hurricane Inc., a designer and manufacturer of commercial stand-on leaf and debris blowers. The purchase price is comprised of $8.7 million of cash consideration and $2.0 million of contingent cash consideration. The Company has accounted for the acquisition in accordance with ASC 805 and it has been included in the Products segment. At December 30, 2018, the Company's preliminary purchase accounting resulted in the recognition of $6.4 million of goodwill and $4.4 million of intangible assets.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Dec. 30, 2018
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The following tables set forth the changes in accumulated other comprehensive income (loss) (in thousands): Three Months Ended December 30, 2018 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (32,618 ) $ 5,788 $ (227,104 ) $ (253,934 ) Other Comprehensive Income (Loss) Before Reclassification 264 (3,050 ) — (2,786 ) Income Tax Benefit (Expense) — 732 — 732 Net Other Comprehensive Income (Loss) Before Reclassifications 264 (2,318 ) — (2,054 ) Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — (1,757 ) — (1,757 ) Realized (Gains) Losses - Commodity Contracts (1) — (6 ) — (6 ) Realized (Gains) Losses - Interest Rate Swaps (1) — (160 ) — (160 ) Amortization of Prior Service Costs (Credits) (2) — — (137 ) (137 ) Amortization of Actuarial Losses (2) — — 3,671 3,671 Total Reclassifications Before Tax — (1,923 ) 3,534 1,611 Income Tax Expense (Benefit) — 461 (852 ) (391 ) Net Reclassifications — (1,462 ) 2,682 1,220 Other Comprehensive Income (Loss) 264 (3,780 ) 2,682 (834 ) Ending Balance $ (32,354 ) $ 2,008 $ (224,422 ) $ (254,768 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans. Three Months Ended December 31, 2017 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (20,816 ) $ (608 ) $ (272,486 ) $ (293,910 ) Other Comprehensive Income (Loss) Before Reclassification (681 ) 1,471 — 790 Income Tax Benefit (Expense) — (551 ) — (551 ) Net Other Comprehensive Income (Loss) Before Reclassifications (681 ) 920 — 239 Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — 1,047 — 1,047 Realized (Gains) Losses - Commodity Contracts (1) — 27 — 27 Realized (Gains) Losses - Interest Rate Swaps (1) — (19 ) — (19 ) Amortization of Prior Service Costs (Credits) (2) — — (314 ) (314 ) Amortization of Actuarial Losses (2) — — 4,727 4,727 Total Reclassifications Before Tax — 1,055 4,413 5,468 Income Tax Expense (Benefit) — (396 ) (1,655 ) (2,051 ) Net Reclassifications — 659 2,758 3,417 Other Comprehensive Income (Loss) (681 ) 1,579 2,758 3,656 Ending Balance $ (21,497 ) $ 971 $ (269,728 ) $ (290,254 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans. Six Months Ended December 30, 2018 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (28,928 ) $ 6,486 $ (229,830 ) $ (252,272 ) Other Comprehensive Income (Loss) Before Reclassification (3,426 ) (1,115 ) — (4,541 ) Income Tax Benefit (Expense) 267 — 267 Net Other Comprehensive Income (Loss) Before Reclassifications (3,426 ) (848 ) — (4,274 ) Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — (2,708 ) (2,708 ) Realized (Gains) Losses - Commodity Contracts (1) — (4 ) (4 ) Realized (Gains) Losses - Interest Rate Swaps (1) — (216 ) (216 ) Amortization of Prior Service Costs (Credits) (2) — (275 ) (275 ) Amortization of Actuarial Losses (2) — 7,399 7,399 Total Reclassifications Before Tax — (2,928 ) 7,124 4,196 Income Tax Expense (Benefit) — (702 ) (1,716 ) (2,418 ) Net Reclassifications — (3,630 ) 5,408 1,778 Other Comprehensive Income (Loss) (3,426 ) (4,478 ) 5,408 (2,496 ) Ending Balance $ (32,354 ) $ 2,008 $ (224,422 ) $ (254,768 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans. Six Months Ended December 31, 2017 Cumulative Translation Adjustments Derivative Financial Instruments Pension and Postretirement Benefit Plans Total Beginning Balance $ (24,744 ) $ (76 ) $ (275,206 ) $ (300,026 ) Other Comprehensive Income (Loss) Before Reclassification 3,247 (755 ) — 2,492 Income Tax Benefit (Expense) — 283 — 283 Net Other Comprehensive Income (Loss) Before Reclassifications 3,247 (472 ) — 2,775 Reclassifications: Realized (Gains) Losses - Foreign Currency Contracts (1) — 2,416 — 2,416 Realized (Gains) Losses - Commodity Contracts (1) — 32 — 32 Realized (Gains) Losses - Interest Rate Swaps (1) — (17 ) — (17 ) Amortization of Prior Service Costs (Credits) (2) — — (627 ) (627 ) Amortization of Actuarial Losses (2) — — 9,392 9,392 Total Reclassifications Before Tax — 2,431 8,765 11,196 Income Tax Expense (Benefit) — (912 ) (3,287 ) (4,199 ) Net Reclassifications — 1,519 5,478 6,997 Other Comprehensive Income (Loss) 3,247 1,047 5,478 9,772 Ending Balance $ (21,497 ) $ 971 $ (269,728 ) $ (290,254 ) (1) Amounts reclassified to net income (loss) are included in net sales or cost of goods sold. See Note 9 for information related to derivative financial instruments. (2) Amounts reclassified to net income (loss) are included in the computation of net periodic expense, which is presented in cost of goods sold or engineering, selling, general and administrative expenses. See Note 7 for information related to pension and postretirement benefit plans.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Dec. 30, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Information on earnings (loss) per share is as follows (in thousands, except per share data): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Net Loss $ (2,604 ) $ (16,344 ) $ (43,591 ) $ (31,383 ) Less: Allocation to Participating Securities (154 ) (150 ) (305 ) (301 ) Net Loss Available to Common Shareholders $ (2,758 ) $ (16,494 ) $ (43,896 ) $ (31,684 ) Average Shares of Common Stock Outstanding 41,689 42,154 41,773 42,130 Shares Used in Calculating Diluted Earnings (Loss) Per Share 41,689 42,154 41,773 42,130 Basic Loss Per Share $ (0.07 ) $ (0.39 ) $ (1.05 ) $ (0.75 ) Diluted Loss Per Share $ (0.07 ) $ (0.39 ) $ (1.05 ) $ (0.75 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	options to purchase shares of common stock were excluded from the calculation of diluted earnings (loss) per share as the exercise prices were greater than the average market price of the common shares.

Investments Schedule of Equity

Investments Schedule of Equity Method Investments (Tables)	6 Months Ended
	Dec. 30, 2018
Schedule of Equity Method Investments [Line Items]
Schedule Of Results Of Operations Of Unconsolidated Affiliated Companies [Table Text Block]	The following table sets forth the unaudited results of operations of unconsolidated affiliated companies for the three and six months ended December 30, 2018 and December 31, 2017 (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Results of Operations: Sales $ 75,331 $ 75,579 $ 155,170 $ 156,426 Cost of Goods Sold 58,567 57,699 119,680 119,681 Gross Profit $ 16,764 $ 17,880 $ 35,490 $ 36,745 Net Income $ 4,003 $ 4,881 $ 9,040 $ 9,897
Schedule Of Balance Sheets Of Unconsolidated Affiliated Companies [Table Text Block]	The following table sets forth the unaudited balance sheets of unconsolidated affiliated companies as of December 30, 2018 and July 1, 2018 (in thousands): December 30, July 1, Financial Position: Assets: Current Assets $ 123,683 $ 150,382 Noncurrent Assets 41,703 45,186 165,386 195,568 Liabilities: Current Liabilities $ 37,368 $ 54,007 Noncurrent Liabilities 17,341 20,027 54,709 74,034 Equity $ 110,677 $ 121,534

Pension and Postretirement Be_2

Pension and Postretirement Benefits (Tables)	6 Months Ended
	Dec. 30, 2018
Retirement Benefits [Abstract]
Schedule of Net Benefit Costs	The following tables summarize the plans’ income and expense for the periods indicated (in thousands): Pension Benefits Other Postretirement Benefits Three Months Ended Three Months Ended December 30, December 31, December 30, December 31, Components of Net Periodic (Income) Expense: Service Cost (Credit) $ 1,138 $ (300 ) $ 19 $ 25 Interest Cost on Projected Benefit Obligation 9,923 10,760 586 591 Expected Return on Plan Assets (13,574 ) (15,482 ) — — Amortization of: Prior Service Cost (Credit) 45 45 (182 ) (359 ) Actuarial Loss 2,893 3,871 778 856 Net Periodic (Income) Expense $ 425 $ (1,106 ) $ 1,201 $ 1,113 Pension Benefits Other Postretirement Benefits Six Months Ended Six Months Ended December 30, December 31, December 30, December 31, Components of Net Periodic (Income) Expense: Service Cost $ 2,270 $ 1,201 $ 53 $ 67 Interest Cost on Projected Benefit Obligation 19,860 21,534 1,166 1,186 Expected Return on Plan Assets (27,164 ) (30,956 ) — — Amortization of: Prior Service Cost (Credit) 90 90 (365 ) (717 ) Actuarial Loss 5,819 7,666 1,580 1,726 Net Periodic (Income) Expense $ 875 $ (465 ) $ 2,434 $ 2,262

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Dec. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Amounts of Outstanding Derivative Contracts	As of December 30, 2018 and July 1, 2018 , the Company had the following outstanding derivative contracts (in thousands): Contract Notional Amount December 30, July 1, Interest Rate: LIBOR Interest Rate (U.S. Dollars) Fixed 230,000 110,000 Foreign Currency: Australian Dollar Sell 29,340 35,833 Brazilian Real Buy 6,199 28,822 Canadian Dollar Sell 19,030 14,430 Chinese Renminbi Buy 113,915 62,209 Euro Sell 14,716 32,592 Japanese Yen Buy 1,655,000 587,500 Commodity: Natural Gas (Therms) Buy 9,383 10,553
Schedule of Derivative Instruments in Consolidated Condensed Balance Sheets, Fair Value	The location and fair value of derivative instruments reported in the Condensed Consolidated Balance Sheets are as follows (in thousands): Balance Sheet Location Asset (Liability) Fair Value December 30, July 1, Interest rate contracts Other Current Assets $ 92 $ 161 Other Long-Term Assets 2,789 3,844 Accrued Liabilities (2,789 ) — Foreign currency contracts Other Current Assets 2,433 3,881 Other Long-Term Assets 10 31 Accrued Liabilities (326 ) (195 ) Other Long-Term Liabilities (49 ) — Commodity contracts Other Current Assets 83 16 Other Long-Term Assets 25 5 Accrued Liabilities — (7 ) Other Long-Term Liabilities (16 ) (29 ) $ 2,252 $ 7,707
Schedule of Derivative Instruments, Gain (Loss) in Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)	The effect of derivative instruments on the Condensed Consolidated Statements of Operations and Comprehensive Loss is as follows (in thousands): Three Months Ended December 30, 2018 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ (58 ) Net Sales $ 216 $ — Foreign currency contracts - sell (1,509 ) Net Sales 1,520 — Foreign currency contracts - buy (2,211 ) Cost of Goods Sold 237 — Commodity contracts (2 ) Cost of Goods Sold 4 — $ (3,780 ) $ 1,977 $ — Three Months Ended December 31, 2017 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ 482 Net Sales $ 19 $ — Foreign currency contracts - sell 592 Net Sales (840 ) — Foreign currency contracts - buy 601 Cost of Goods Sold (207 ) — Commodity contracts (96 ) Cost of Goods Sold (27 ) — $ 1,579 $ (1,055 ) $ — Six Months Ended December 30, 2018 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ 48 Net Sales $ 216 $ — Foreign currency contracts - sell (1,840 ) Net Sales 2,636 — Foreign currency contracts - buy (2,668 ) Cost of Goods Sold 72 — Commodity contracts (18 ) Cost of Goods Sold 4 — $ (4,478 ) $ 2,928 $ — Six Months Ended December 31, 2017 Amount of Gain (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives, Net of Taxes (Effective Portion) Classification of Gain (Loss) Amount of Gain (Loss) Reclassified from AOCI into Income (Effective Portion) Recognized in Earnings (Ineffective Portion) Interest rate contracts $ 544 Net Sales $ 17 $ — Foreign currency contracts - sell 116 Net Sales (1,674 ) — Foreign currency contracts - buy 472 Cost of Goods Sold (742 ) — Commodity contracts (85 ) Cost of Goods Sold (32 ) — $ 1,047 $ (2,431 ) $ —

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 30, 2018
Fair Value Disclosures [Abstract]
Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis	The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 30, 2018 and July 1, 2018 (in thousands): Fair Value Measurements Using December 30, Level 1 Level 2 Level 3 Assets: Derivatives $ 5,432 $ — $ 5,432 $ — Liabilities: Derivatives $ 3,180 $ — $ 3,180 $ — July 1, Level 1 Level 2 Level 3 Assets: Derivatives $ 7,938 $ — $ 7,938 $ — Liabilities: Derivatives $ 231 $ — $ 231 $ —

Warranty (Tables)

Warranty (Tables)	6 Months Ended
	Dec. 30, 2018
Standard Product Warranty Disclosure [Abstract]
Schedule of Warranty Liability	The following is a reconciliation of the changes in accrued warranty costs for the reporting period (in thousands): Six Months Ended December 30, December 31, Beginning Balance $ 45,327 $ 43,108 Payments (12,335 ) (13,587 ) Provision for Current Year Warranties 9,176 10,313 Changes in Estimates 60 509 Ending Balance $ 42,228 $ 40,343

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Dec. 30, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Summarized segment data is as follows (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, NET SALES: Engines $ 272,018 $ 243,505 $ 391,108 $ 406,252 Products 254,627 222,080 427,670 408,676 Inter-Segment Eliminations (21,183 ) (19,149 ) (34,319 ) (39,397 ) Total* $ 505,462 $ 446,436 $ 784,459 $ 775,531 * International sales included in net sales based on product shipment destination $ 148,125 $ 157,248 $ 236,651 $ 271,885 GROSS PROFIT: Engines $ 55,614 $ 55,429 $ 71,551 $ 86,648 Products 37,577 37,090 65,213 72,797 Inter-Segment Eliminations (734 ) 347 (553 ) (314 ) Total $ 92,457 $ 92,866 $ 136,211 $ 159,131 SEGMENT INCOME (LOSS): Engines $ 4,658 $ 8,722 $ (39,593 ) $ (10,894 ) Products 4,411 8,320 (5,651 ) 12,003 Inter-Segment Eliminations (734 ) 347 (553 ) (314 ) Total $ 8,335 $ 17,389 $ (45,797 ) $ 795
Restructuring Charges Impact on Gross Profit by Segment	Pre-tax business optimization and litigation settlement charges included in gross profit were as follows (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Engines $ 665 $ 703 $ 1,088 $ 1,128 Products 834 754 3,713 1,522 Total $ 1,499 $ 1,457 $ 4,801 $ 2,650
Restructuring Charges Impact on Operating Income Loss by Segment	Pre-tax business optimization charges, bad debt expense related to a major retailer bankruptcy, litigation settlement charge, and acquisition integration activities included in segment income (loss) were as follows (in thousands): Three Months Ended Six Months Ended December 30, December 31, December 30, December 31, Engines $ 7,508 $ 2,016 $ 21,871 $ 4,347 Products 3,405 1,044 15,169 3,950 Total $ 10,913 $ 3,060 $ 37,040 $ 8,297

Debt (Tables)

Debt (Tables)	6 Months Ended
	Dec. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long-Term Indebtedness	The following is a summary of the Company’s indebtedness (in thousands): December 30, July 1, Multicurrency Credit Agreement $ 314,073 $ 48,036 Total Short-Term Debt $ 314,073 $ 48,036 Note Payable (NMTC transaction) $ 7,685 $ 7,685 Unamortized Debt Issuance Costs associated with Note Payable 927 1,009 $ 6,758 $ 6,676 6.875% Senior Notes $ 196,579 $ 200,888 Unamortized Debt Issuance Costs associated with 6.875% Senior Notes 566 934 $ 196,013 $ 199,954 Total Long-Term Debt $ 202,771 $ 206,630

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, before Tax	$ (2,786)	$ 790	$ (4,541)	$ 2,492
Other Comprehensive Income (Loss) before Reclassifications, Tax	732	(551)	267	283
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(2,054)	239	(4,274)	2,775
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(253,934)	(293,910)	(252,272)	(300,026)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	1,611	5,468	4,196	11,196
Income Tax Expense (Benefit)	(391)	(2,051)	(2,418)	(4,199)
Net Reclassifications	1,220	3,417	1,778	6,997
Other Comprehensive Income (Loss)	(834)	3,656	(2,496)	9,772
Ending Balance	(254,768)	(290,254)	(254,768)	(290,254)
Prior Service Costs [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(137)	(314)	(275)	(627)
Actuarial Losses [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	3,671	4,727	7,399	9,392
Foreign Currency Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(1,757)	1,047	(2,708)	2,416
Commodity Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(6)	27	(4)	32
Interest Rate Swap [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(160)	(19)	(216)	(17)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, before Tax	264	(681)	(3,426)	3,247
Other Comprehensive Income (Loss) before Reclassifications, Tax	0	0		0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	264	(681)	(3,426)	3,247
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(32,618)	(20,816)	(28,928)	(24,744)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0	0	0
Income Tax Expense (Benefit)	0	0	0	0
Net Reclassifications	0	0	0	0
Other Comprehensive Income (Loss)	264	(681)	(3,426)	3,247
Ending Balance	(32,354)	(21,497)	(32,354)	(21,497)
Accumulated Translation Adjustment [Member] | Prior Service Costs [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0	0	0
Accumulated Translation Adjustment [Member] | Actuarial Losses [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0	0	0
Accumulated Translation Adjustment [Member] | Foreign Currency Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0	0	0
Accumulated Translation Adjustment [Member] | Commodity Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0	0	0
Accumulated Translation Adjustment [Member] | Interest Rate Swap [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0	0	0
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, before Tax	(3,050)	1,471	(1,115)	(755)
Other Comprehensive Income (Loss) before Reclassifications, Tax	732	(551)	267	283
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(2,318)	920	(848)	(472)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	5,788	(608)	6,486	(76)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(1,923)	1,055	(2,928)	2,431
Income Tax Expense (Benefit)	461	(396)	(702)	(912)
Net Reclassifications	(1,462)	659	(3,630)	1,519
Other Comprehensive Income (Loss)	(3,780)	1,579	(4,478)	1,047
Ending Balance	2,008	971	2,008	971
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Prior Service Costs [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0		0
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Actuarial Losses [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0		0
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Foreign Currency Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(1,757)	1,047	(2,708)	2,416
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Commodity Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(6)	27	(4)	32
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member] | Interest Rate Swap [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(160)	(19)	(216)	(17)
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Other Comprehensive Income (Loss), before Reclassifications, before Tax	0	0	0	0
Other Comprehensive Income (Loss) before Reclassifications, Tax	0	0	0	0
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	0	0	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balance	(227,104)	(272,486)	(229,830)	(275,206)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	3,534	4,413	7,124	8,765
Income Tax Expense (Benefit)	(852)	(1,655)	(1,716)	(3,287)
Net Reclassifications	2,682	2,758	5,408	5,478
Other Comprehensive Income (Loss)	2,682	2,758	5,408	5,478
Ending Balance	(224,422)	(269,728)	(224,422)	(269,728)
Accumulated Defined Benefit Plans Adjustment [Member] | Prior Service Costs [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	(137)	(314)	(275)	(627)
Accumulated Defined Benefit Plans Adjustment [Member] | Actuarial Losses [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	3,671	4,727	7,399	9,392
Accumulated Defined Benefit Plans Adjustment [Member] | Foreign Currency Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0		0
Accumulated Defined Benefit Plans Adjustment [Member] | Commodity Contract [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	0	0		0
Accumulated Defined Benefit Plans Adjustment [Member] | Interest Rate Swap [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Reclassification from Accumulated Other Comprehensive Income, Current Period, Before Tax	$ 0	$ 0		$ 0

Earnings Per Share Earnings (Lo

Earnings Per Share Earnings (Loss) Per Share Information (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Net Income (Loss)	$ (2,604)	$ (16,344)	$ (43,591)	$ (31,383)
Less: Allocation to Participating Securities	(154)	(150)	(305)	(301)
Net Loss Available to Common Shareholders	$ (2,758)	$ (16,494)	$ (43,896)	$ (31,684)
Average Shares of Common Stock Outstanding	41,689	42,154	41,773	42,130
Shares Used in Calculating Diluted Earnings (Loss) Per Share	41,689	42,154	41,773	42,130
Basic Earnings (Loss) Per Share	$ (0.07)	$ (0.39)	$ (1.05)	$ (0.75)
Diluted Earnings (Loss) Per Share	$ (0.07)	$ (0.39)	$ (1.05)	$ (0.75)

Earnings Per Share Antidilutive

Earnings Per Share Antidilutive Shares Information (Details) - shares	3 Months Ended	6 Months Ended
	Dec. 30, 2018	Dec. 30, 2018
Potential Other Incremental Common Shares Excluded [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options to Purchase Shares of Common Stock	593,587	668,956

Earnings Per Share Share Repurc

Earnings Per Share Share Repurchase Information (Details) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Apr. 21, 2016
Stock Repurchase Program, Authorized Amount			$ 50
Stock Repurchase Program, Remaining Authorized Repurchase Amount	$ 38.6
Treasury Stock, Shares, Acquired	684,822	141,195
Treasury Stock Acquired, Average Cost Per Share	$ 16.69	$ 22.16

Investments Schedule of Investm

Investments Schedule of Investments in Marketable Securities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017	Jul. 01, 2018
Schedule of Available-for-sale Securities [Line Items]
Revenue from Related Parties			$ 21,200	$ 37,000
Purchases Of Finished Products From Equity Method Investees			58,400	57,300
Equity Method Investment, Summarized Financial Information, Current Assets	$ 123,683		123,683		$ 150,382
Equity Method Investment, Summarized Financial Information, Revenue	75,331	$ 75,579	155,170	156,426
Equity Method Investment, Summarized Financial Information, Cost of Sales	58,567	57,699	119,680	119,681
Equity Method Investment, Summarized Financial Information, Gross Profit (Loss)	16,764	17,880	35,490	36,745
Equity Method Investment, Summarized Financial Information, Net Income (Loss)	4,003	$ 4,881	9,040	$ 9,897
Equity Method Investment, Summarized Financial Information, Noncurrent Assets	41,703		41,703		45,186
Equity Method Investment, Summarized Financial Information, Assets	165,386		165,386		195,568
Equity Method Investment, Summarized Financial Information, Liabilities [Abstract]
Equity Method Investment, Summarized Financial Information, Current Liabilities	37,368		37,368		54,007
Equity Method Investment, Summarized Financial Information, Noncurrent Liabilities	17,341		17,341		20,027
Equity Method Investment, Summarized Financial Information, Liabilities	54,709		54,709		74,034
Equity Method Investment, Summarized Financial Information, Equity Excluding Noncontrolling Interests	$ 110,677		$ 110,677		$ 121,534

Pension and Postretirement Be_3

Pension and Postretirement Benefits Net Periodic Income and Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Pension Plans, Defined Benefit [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service Cost	$ 1,138	$ (300)	$ 2,270	$ 1,201
Interest Cost on Projected Benefit Obligation	9,923	10,760	19,860	21,534
Expected Return on Plan Assets	(13,574)	(15,482)	(27,164)	(30,956)
Amortization of Prior Service Cost (Credit)	45	45	90	90
Amortization of Actuarial Loss	2,893	3,871	5,819	7,666
Net Periodic Expense (Income)	425	(1,106)	875	(465)
Other Postretirement Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service Cost	19	25	53	67
Interest Cost on Projected Benefit Obligation	586	591	1,166	1,186
Expected Return on Plan Assets	0	0	0	0
Amortization of Prior Service Cost (Credit)	(182)	(359)	(365)	(717)
Amortization of Actuarial Loss	778	856	1,580	1,726
Net Periodic Expense (Income)	$ 1,201	$ 1,113	$ 2,434	$ 2,262

Pension and Postretirement Be_4

Pension and Postretirement Benefits Pension and Postretirement Benefits (Narrative) (Details) $ in Thousands	6 Months Ended
	Dec. 30, 2018USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	$ 0
Cash Contributions to Qualified Pension Plans	0
Other Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	7,900
Payment for Other Postretirement Benefits	4,700
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	3,400
Defined Benefit Plan, Benefits Paid	$ 1,900

Stock Incentives Stock Incentiv

Stock Incentives Stock Incentives (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Compensation Expense	$ 1,000	$ 1,600	$ 3,177	$ 3,869

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 30, 2018	Jul. 01, 2018
Derivative [Line Items]
Net Cash Flow Hedge Losses (Gains) to be Reclassified into Earnings within Twelve Months	$ (1,000)
Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 230,000	$ 110,000
Minimum [Member]
Derivative [Line Items]
Derivative, Lower Fixed Interest Rate Range	0.98%
Minimum [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Maturity Date	May 1, 2019
Maximum [Member]
Derivative [Line Items]
Derivative, Lower Fixed Interest Rate Range	2.83%
Maximum [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Maturity Date	Jun. 1, 2024

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities Notional Amounts (Details) € in Thousands, ¥ in Thousands, ¥ in Thousands, R$ in Thousands, BTU in Thousands, $ in Thousands, $ in Thousands, $ in Thousands

Dec. 30, 2018CAD ($)BTU

Dec. 30, 2018EUR (€)BTU

Dec. 30, 2018USD ($)BTU

Dec. 30, 2018AUD ($)BTU

Dec. 30, 2018JPY (¥)BTU

Dec. 30, 2018CNY (¥)BTU

Dec. 30, 2018BRL (R$)BTU

Jul. 01, 2018CAD ($)BTU

Jul. 01, 2018EUR (€)BTU

Jul. 01, 2018USD ($)BTU

Jul. 01, 2018AUD ($)BTU

Jul. 01, 2018JPY (¥)BTU

Jul. 01, 2018CNY (¥)BTU

Jul. 01, 2018BRL (R$)BTU

Interest Rate Contract [Member]

Derivative [Line Items]

Derivative, Notional Amount

$ 230,000

$ 110,000

Australian Dollar, Sell [Member]

Derivative [Line Items]

Derivative, Notional Amount

$ 29,340

$ 35,833

Brazilian Real, Buy [Member] [Domain]

Derivative [Line Items]

Derivative, Notional Amount | R$

R$ 6199

R$ 28822

Canadian Dollar, Sell [Member]

Derivative [Line Items]

Derivative, Notional Amount

$ 19,030

$ 14,430

Chinese Renminbi, Buy [Member] [Domain]

Derivative [Line Items]

Derivative, Notional Amount | ¥

¥ 113,915

¥ 62,209

Euro, Sell [Member]

Derivative [Line Items]

Derivative, Notional Amount | €

€ 14,716

€ 32,592

Japanese Yen, Buy [Member]

Derivative [Line Items]

Derivative, Notional Amount | ¥

¥ 1,655,000

¥ 587,500

Natural Gas [Member]

Derivative [Line Items]

Nonmonetary Notional Amount Derivatives (in ones) | BTU

9,383

9,383

9,383

9,383

9,383

9,383

9,383

10,553

10,553

10,553

10,553

10,553

10,553

10,553

Derivative Instruments and He_5

Derivative Instruments and Hedging Activities Balance Sheet Location (Details) - USD ($) $ in Thousands	Dec. 30, 2018	Jul. 01, 2018
Derivatives, Fair Value [Line Items]
Derivative Assets (Liabilities), at Fair Value, Net	$ 2,252	$ 7,707
Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contracts at Fair Value	2,433	3,881
Commodity Contracts at Fair Value	83	16
Other Long-Term Assets, Net [Member]
Derivatives, Fair Value [Line Items]
Interest Rate Contracts at Fair Value	2,789	3,844
Foreign Currency Contracts at Fair Value	10	31
Commodity Contracts at Fair Value	25	5
Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Interest Rate Contracts at Fair Value	(2,789)	0
Foreign Currency Contracts at Fair Value	(326)	(195)
Commodity Contracts at Fair Value	0	(7)
Other Long-Term Liabilities [Member]
Derivatives, Fair Value [Line Items]
Foreign Currency Contracts at Fair Value	(49)	0
Commodity Contracts at Fair Value	$ (16)	$ (29)

Derivative Instruments and He_6

Derivative Instruments and Hedging Activities Effect of Derivatives on Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ (3,780)	$ 1,579	$ (4,478)	$ 1,047
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	1,977	(1,055)	2,928	(2,431)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0	0	0
Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(58)	482	48	544
Foreign Currency Contract Sell [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(1,509)	592	(1,840)	116
Foreign Currency Contract Buy [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(2,211)	601	(2,668)	472
Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	(2)	(96)	(18)	(85)
Net Sales [Member] | Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	216	19	216	17
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0	0	0
Net Sales [Member] | Foreign Currency Contract Sell [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	1,520	(840)	2,636	(1,674)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0	0	0
Cost of Sales [Member] | Foreign Currency Contract Buy [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	237	(207)	72	(742)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	0	0	0	0
Cost of Sales [Member] | Commodity Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	4	(27)	4	(32)
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ 0	$ 0	$ 0	$ 0

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Dec. 30, 2018	Jul. 01, 2018
Liabilities, Derivatives	$ 3,180	$ 231
Fair Value Measurements Using Level 1 [Member]
Liabilities, Derivatives	0	0
Fair Value Measurements Using Level 2 [Member]
Liabilities, Derivatives	3,180	231
Fair Value Measurements Using Level 3 [Member]
Liabilities, Derivatives	0	0
Derivative Financial Instruments, Assets [Member]
Assets, Derivatives	5,432	7,938
Derivative Financial Instruments, Assets [Member] | Fair Value Measurements Using Level 1 [Member]
Assets, Derivatives	0	0
Derivative Financial Instruments, Assets [Member] | Fair Value Measurements Using Level 2 [Member]
Assets, Derivatives	5,432	7,938
Derivative Financial Instruments, Assets [Member] | Fair Value Measurements Using Level 3 [Member]
Assets, Derivatives	$ 0	$ 0

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Disclosures (Details) - USD ($) $ in Thousands	Dec. 30, 2018	Jul. 01, 2018	Dec. 15, 2010
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Debt Instrument, Fair Value Disclosure	$ 200,500	$ 214,000
Senior Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Senior Notes	$ 196,579	$ 200,888	$ 225,000

Warranty (Details)

Warranty (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017
Warranty Accrual, Beginning Balance	$ 45,327	$ 43,108
Payments	(12,335)	(13,587)
Provision for Current Year Warranties	9,176	10,313
Changes in Estimates	60	509
Warranty Accrual, Ending Balance	$ 42,228	$ 40,343

Income Taxes Effective Tax Rate

Income Taxes Effective Tax Rate (Details)	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Income Tax Contingency [Line Items]
Effective Income Tax Rate	(2682.40%)	234.19%	26.20%	(252.82%)

Unrecognized Tax Benefits (Deta

Unrecognized Tax Benefits (Details) $ in Millions	6 Months Ended
	Dec. 30, 2018USD ($)
Income Tax Contingency [Line Items]
Total charges for Tax Cuts and Jobs Act	$ 21.1
Re-measurement of deferred tax assets and liabilities related to Tax Cuts and Jobs Act	13.8
Tax expense related to the deemed repatriation of previously undistributed foreign earnings related to the Tax Cuts and Jobs Act	$ 7.3

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	6 Months Ended
	Dec. 30, 2018USD ($)
Loss Contingencies [Line Items]
Loss Contingency, Enhanced Damages Awarded, Value	$ 24.3
Loss Contingency, Pre-Judgment Interest Awarded, Value	1.5
Loss Contingency, Damages Awarded, Value	$ 24.3

Segment Information Segment Inf

Segment Information Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Net Sales	$ 505,462	$ 446,436	$ 784,459	$ 775,531
Gross Profit	92,457	92,866	136,211	159,131
Segment Income (Loss)	8,335	17,389	(45,797)	795
International sales included in net sales based on product shipment destination	148,125	157,248	236,651	271,885
Engines [Member]
Net Sales	272,018	243,505	391,108	406,252
Gross Profit	55,614	55,429	71,551	86,648
Segment Income (Loss)	4,658	8,722	(39,593)	(10,894)
Products [Member]
Net Sales	254,627	222,080	427,670	408,676
Gross Profit	37,577	37,090	65,213	72,797
Segment Income (Loss)	4,411	8,320	(5,651)	12,003
Elimination [Member]
Net Sales	(21,183)	(19,149)	(34,319)	(39,397)
Gross Profit	(734)	347	(553)	(314)
Segment Income (Loss)	$ (734)	$ 347	$ (553)	$ (314)

Segment Information Business Op

Segment Information Business Optimization Charges Impact on Gross Profit by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Cost Of Goods Sold Business Optimization Charges	$ 1,499	$ 1,457	$ 4,801	$ 2,650
Engines [Member]
Cost Of Goods Sold Business Optimization Charges	665	703	1,088	1,128
Products [Member]
Cost Of Goods Sold Business Optimization Charges	$ 834	$ 754	$ 3,713	$ 1,522

Segment Information Business _2

Segment Information Business Optimization Charges Impact on Segment Income (Loss) by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 30, 2018	Dec. 31, 2017	Dec. 30, 2018	Dec. 31, 2017
Business Optimization Charges	$ 10,913	$ 3,060	$ 37,040	$ 8,297
Engines [Member]
Business Optimization Charges	7,508	2,016	21,871	4,347
Products [Member]
Business Optimization Charges	$ 3,405	$ 1,044	$ 15,169	$ 3,950

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 30, 2018	Jul. 01, 2018	Mar. 25, 2016	Dec. 15, 2010
Debt Instrument [Line Items]
Short-term Debt	$ 314,073	$ 48,036
Notes Payable	6,758	6,676
Long-term Debt	196,013	199,954
Long-term Debt, including Note Payable	202,771	206,630
Intercompany Loan to Investment Fund	16,000
SunTrust contribution to Investment Fund	8,000
Restricted cash related to New Markets Tax Credit	1,200
Debt issuance costs related to New Markets Tax Credit	1,200
Senior Notes [Member]
Debt Instrument [Line Items]
Senior Notes	$ 196,579	200,888		$ 225,000
Debt Instrument, Interest Rate, Stated Percentage				6.875%
Debt Instrument, Maturity Date	Dec. 15, 2020
Unamortized Debt Issuance Expense	$ 566	934
Multicurrency Credit Agreement [Member]
Debt Instrument [Line Items]
Line of Credit, Current	$ 314,073	48,036
Line of Credit Facility, Maximum Borrowing Capacity			$ 500,000
Line of Credit Facility, Expiration Date	Mar. 25, 2021
Line Of Credit Facility Increased Available Maximum Borrowing Capacity			$ 250,000
Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]
Notes Payable	$ 7,685	7,685
Unamortized Debt Issuance Expense	$ 927	$ 1,009

Uncategorized Items - bgg-20181

Label	Element	Value
Beg Cash, Cash Equivalents, and Restricted Cash	bgg_BegCashCashEquivalentsandRestrictedCash	$ 49,218,000