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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 26, 2016
Jun. 28, 2015
Jun. 29, 2014
ABLTermLoanMember      
Financing activities:      
Proceeds from Issuance of Secured Debt $ 17,375 $ 22,000 $ 25,200
Term Loan Supplement [Member]      
Financing activities:      
Proceeds from Issuance of Secured Debt 4,000
Cash and cash equivalents at beginning of year 10,013 15,907 8,755
Net income (loss) 33,170 40,466 27,720
Equity in earnings of unconsolidated affiliates (8,963) (19,475) (19,063)
Distributions received from unconsolidated affiliates 4,732 3,718 13,214
Depreciation and amortization expense 17,528 18,043 17,896
Loss on extinguishment of debt 1,040
Non-cash compensation expense 2,501 3,148 2,690
Excess tax benefit on stock-based compensation plans (120) (242) (3,533)
Deferred income taxes 5,983 (3,796) 726
Other, net (302) 1,441 1,649
Receivables, net (88) 4,491 4,514
Inventories 6,843 (6,171) (2,677)
Other current assets and income taxes receivable (2,235) (1,099) 1,141
Accounts payable and accrued expenses (5,710) (3,612) 1,157
Income taxes payable 816 (2,395) 5,824
Other non-current assets (108) 76 5,173
Other non-current liabilities 1,928 3,270 (74)
Net cash provided by operating activities 55,975 38,903 56,357
Capital expenditures (52,337) (25,966) (19,091)
Investments in miscanthus grass (2,610) (830) (714)
Proceeds from sale of assets 2,099 3,847 2,719
Other, net (44) 408 217
Net cash used in investing activities (52,892) (22,541) (16,869)
Proceeds from ABL Revolver 153,200 149,100 149,300
Payments on ABL Revolver (152,000) (170,100) (175,800)
Payments on ABL Term Loan (9,250) (7,875)
Proceeds from construction financing 790
Payment on term loan from equity affiliate (1,250)
Payments of debt financing fees (217) (1,063) (400)
Payments on capital lease obligations (4,090) (1,286) (319)
Common stock repurchased and retired under publicly announced programs (6,211) (10,360) (36,551)
Common stock tendered to the Company for withholding tax obligations and retired (1,654)
Proceeds from stock option exercises 181 95 3,136
Excess tax benefit on stock-based compensation plans 120 242 3,533
Contributions from non-controlling interest 1,560 1,561 1,254
Other (566) (504) (109)
Net cash provided by (used in) financing activities 3,642 (18,190) (32,410)
Effect of exchange rate changes on cash and cash equivalents (92) (4,066) 74
Net increase (decrease) in cash and cash equivalents 6,633 (5,894) 7,152
Cash and cash equivalents at end of year $ 10,013 $ 15,907 $ 8,755