Business Segment Information (Tables)

9 Months Ended

Mar. 29, 2020

Segment Reporting [Abstract]

Selected Financial Information for Polyester, Nylon, International and Other Segments

Selected financial information is presented below:

	For the Three Months Ended March 29, 2020
	Polyester		Nylon		Brazil		Asia		All Other		Total
Net sales	$	89,767	$	20,567	$	21,060	$	38,621	$	979	$	170,994
Cost of sales		82,735		20,234		17,644		34,038		960		155,611
Gross profit		7,032		333		3,416		4,583		19		15,383
Segment depreciation expense		4,301		471		421		—		137		5,330
Segment Profit	$	11,333	$	804	$	3,837	$	4,583	$	156	$	20,713

	For the Three Months Ended March 31, 2019
	Polyester		Nylon		Brazil		Asia		All Other		Total
Net sales	$	95,745	$	25,563	$	25,110	$	32,571	$	1,000	$	179,989
Cost of sales		90,941		23,251		22,334		28,730		942		166,198
Gross profit		4,804		2,312		2,776		3,841		58		13,791
Segment depreciation expense		3,858		516		420		—		47		4,841
Segment Profit	$	8,662	$	2,828	$	3,196	$	3,841	$	105	$	18,632

	For the Nine Months Ended March 29, 2020
	Polyester		Nylon		Brazil		Asia		All Other		Total
Net sales	$	261,212	$	57,853	$	66,094	$	132,496	$	2,799	$	520,454
Cost of sales		239,725		56,296		55,089		118,114		2,739		471,963
Gross profit		21,487		1,557		11,005		14,382		60		48,491
Segment depreciation expense		12,525		1,465		1,153		—		300		15,443
Segment Profit	$	34,012	$	3,022	$	12,158	$	14,382	$	360	$	63,934

	For the Nine Months Ended March 31, 2019
	Polyester		Nylon		Brazil		Asia		All Other		Total
Net sales	$	281,665	$	76,159	$	76,257	$	92,014	$	3,216	$	529,311
Cost of sales		265,748		69,671		62,654		80,317		2,955		481,345
Gross profit		15,917		6,488		13,603		11,697		261		47,966
Segment depreciation expense		12,047		1,576		1,146		—		190		14,959
Segment Profit	$	27,964	$	8,064	$	14,749	$	11,697	$	451	$	62,925

Reconciliations of Segment Gross Profit to Consolidated Income (loss) Before Income Taxes

The reconciliations of segment gross profit to consolidated income (loss) before income taxes are as follows:

	For the Three Months Ended						For the Nine Months Ended
	March 29, 2020			March 31, 2019			March 29, 2020			March 31, 2019
Polyester	$	7,032		$	4,804		$	21,487		$	15,917
Nylon		333			2,312			1,557			6,488
Brazil		3,416			2,776			11,005			13,603
Asia		4,583			3,841			14,382			11,697
All Other		19			58			60			261
Segment gross profit		15,383			13,791			48,491			47,966
Selling, general and administrative expenses		11,720			11,439			35,208			40,672
Provision for bad debts		580			218			331			381
Other operating (income) expense, net		(62	)		1,359			900			1,218
Operating income		3,145			775			12,052			5,695
Interest income		(173	)		(149	)		(595	)		(448	)
Interest expense		1,231			1,256			3,589			4,078
Equity in earnings of unconsolidated affiliates		(3,526	)		(1,873	)		(1,904	)		(3,126	)
Impairment of investment in unconsolidated affiliate		45,194			—			45,194			—
Loss on extinguishment of debt		—			—			—			131
(Loss) income before income taxes	$	(39,581	)	$	1,541		$	(34,232	)	$	5,060

Reconciliation of Segment Total Assets to Consolidated Total Assets

The reconciliations of segment total assets to consolidated total assets are as follows:

	March 29, 2020		June 30, 2019
Polyester	$	295,192	$	287,608
Nylon		50,905		57,055
Brazil		54,040		67,490
Asia		45,530		35,219
Segment total assets		445,667		447,372
Other current assets		7,235		10,327
Other PP&E		24,412		18,664
Other non-current operating lease assets		1,599		—
Other non-current assets		5,275		1,468
Investments in unconsolidated affiliates		58,854		114,320
Total assets	$	543,042	$	592,151