Subsequent Events

9 Months Ended

Mar. 27, 2015

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Effective April 30, 2015, the Company acquired all of the outstanding stock X-Line, Inc. (X-Line), based in Villa Rica, Ga. The initial purchase price consisted of a cash payment of $800 payable at closing, and a second payment of $200 placed in escrow, of which $50 is payable in six months, and the remaining balance due in 12 months. The purchase price is subject to a working capital adjustment, which is expected to be finalized within the next several months. The sellers are also entitled to up to $300 in contingent cash consideration through an earnout provision based on NSR performance of the acquired firm over the 12 month period following closing. X-Line is being integrated into the Company's Energy operating segment. Due to the limited time since the closing of the X-Line acquisition, the related acquisition accounting is incomplete at this time. As a result, the Company is unable to provide amounts recognized as of the acquisition date for major classes of assets and liabilities acquired and resulting from the transaction. The impact of this acquisition is not expected to be material to the Company's condensed consolidated balance sheets and results of operations.