XML 18 R8.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 26, 2021
Dec. 27, 2020
Statement Of Cash Flows [Abstract]    
Cash and cash equivalents at beginning of period $ 78,253 $ 75,267
Operating activities:    
Net income 9,609 10,896
Adjustments to reconcile net income to net cash (used) provided by operating activities:    
Equity in earnings of unconsolidated affiliates (344) (223)
Depreciation and amortization expense 12,687 12,187
Non-cash compensation expense 2,261 1,816
Deferred income taxes (3,197) (1,700)
Other, net (149) (25)
Changes in assets and liabilities:    
Receivables, net 1,358 (28,558)
Inventories (10,953) 311
Other current assets (3,690) 1,862
Income taxes 614 890
Accounts payable and other current liabilities (11,598) 18,830
Other, net (548) 3,440
Net cash (used) provided by operating activities (3,950) 19,726
Investing activities:    
Capital expenditures (19,172) (6,035)
Purchase of intangible asset   (1,088)
Other, net 87 163
Net cash used by investing activities (19,085) (6,960)
Financing activities:    
Proceeds from ABL Revolver 18,500  
Payments on ABL Revolver (18,500)  
Payments on ABL Term Loan (5,000) (5,000)
Proceeds from construction financing 1,611  
Payments on finance lease obligations (1,877) (1,725)
Common stock repurchased and retired under publicly announced program (1,204)  
Other, net (324) (64)
Net cash used by financing activities (6,794) (6,789)
Effect of exchange rate changes on cash and cash equivalents (804) 2,077
Net (decrease) increase in cash and cash equivalents (30,633) 8,054
Cash and cash equivalents at end of period $ 47,620 $ 83,321