Note 7 - Other Current Assets

3 Months Ended

Sep. 28, 2014

Disclosure Text Block Supplement [Abstract]

Other Current Assets [Text Block]

7. Other Current Assets

Other current assets consist of the following:

	September 28, 2014		June 29, 2014
Vendor deposits	$	1,990	$	2,369
Value added taxes receivable		1,210		1,197
Prepaid expenses		1,465		1,876
Other		510		610
Total other current assets	$	5,175	$	6,052

Vendor deposits primarily relate to down payments made toward the purchase of raw materials by the Company’s U.S., Brazilian and Chinese operations. Value added taxes receivable are recoverable taxes associated with the sales and purchase activities of the Company’s foreign operations. Prepaid expenses consist of advance payments for insurance, professional fees, membership dues, subscriptions, non-income related tax payments, marketing and information technology services.

Other consists primarily of premiums on a split dollar life insurance policy that represents the value of the Company’s right of return on premiums paid for a retiree-owned insurance contract that matures in 2015 and amounts held by the Company's Colombian subsidiary in an investment fund under liquidation.