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Note 7 - Other Current Assets
9 Months Ended
Mar. 24, 2013
Other Current Assets Disclosure [Text Block]
7.  Other Current Assets

Other current assets consist of the following:

   
March 24, 2013
   
June 24, 2012
 
Value added taxes receivable
  $ 1,905     $ 2,495  
Vendor deposits
    1,854       2,076  
Prepaid expenses
    1,501       1,778  
Other investments
    353        
Assets held for sale
    341       341  
Other
    15       32  
Total other current assets
  $ 5,969     $ 6,722  

Value added taxes receivable are recoverable taxes associated with the sales and purchase activities of the Company’s foreign operations. Vendor deposits primarily relate to down payments made towards the purchase of raw materials by the Company's U.S., Brazilian and Chinese operations from Asian vendors. Prepaid expenses consist of advance payments for insurance, professional fees, membership dues, subscriptions, non-income related tax payments and information technology services. Other investments relate to cash held by the Company’s Colombian subsidiary within an investment fund that is being liquidated. The Company was notified of this liquidation in December 2012 and the Company no longer has immediate access to these funds. The total of Company amounts held by the fund was $1,149 at March 24, 2013. Amounts expected to be received within the next twelve calendar months under a payment schedule agreed to by the fund’s investors have been recorded in Other current assets, with the remainder recorded in Other non-current assets. As of March 24, 2013, all amounts are considered collectible. Assets held for sale relate to certain nylon warehouse, land and other improvements located in Fort Payne, Alabama that are currently listed for sale. Other includes miscellaneous employee advances and unrealized foreign currency gains.