XML 19 R8.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 27, 2020
Dec. 29, 2019
Statement Of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of period $ 75,267 $ 22,228
Operating activities:    
Net income 10,896 4,121
Adjustments to reconcile net income to net cash provided by operating activities:    
Equity in (earnings) loss of unconsolidated affiliates (223) 1,622
Distributions received from unconsolidated affiliates   10,437
Depreciation and amortization expense 12,187 11,610
Non-cash compensation expense 1,816 1,837
Deferred income taxes (1,700) (878)
Other, net (25) (64)
Changes in assets and liabilities:    
Receivables, net (28,558) 9,873
Inventories 311 (1,330)
Other current assets 1,862 (2,159)
Income taxes 890 (249)
Accounts payable and accrued expenses 18,830 (6,298)
Other, net 3,440 113
Net cash provided by operating activities 19,726 28,635
Investing activities:    
Capital expenditures (6,035) (8,335)
Purchase of intangible asset (1,088)  
Other, net 163 60
Net cash used by investing activities (6,960) (8,275)
Financing activities:    
Proceeds from ABL Revolver   41,100
Payments on ABL Revolver   (38,000)
Payments on ABL Term Loan (5,000) (5,000)
Payments on finance lease obligations (1,725) (3,085)
Other, net (64) (70)
Net cash used by financing activities (6,789) (5,055)
Effect of exchange rate changes on cash and cash equivalents 2,077 (323)
Net increase in cash and cash equivalents 8,054 14,982
Cash and cash equivalents at end of period $ 83,321 $ 37,210