XML 31 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 03, 2016
Jun. 28, 2015
Jun. 29, 2014
NET SALES $ 1,808,778 $ 1,894,750 $ 1,859,060
COST OF GOODS SOLD 1,438,166 1,511,363 1,506,436
RESTRUCTURING CHARGES 8,157 24,288 5,841
Gross Profit 362,455 359,099 346,783
ENGINEERING, SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 305,482 289,916 291,367
RESTRUCTURING CHARGES 2,038 3,000 698
Goodwill Impairment 7,651 0 2,960
TRADENAME IMPAIRMENT 2,683 0 5,500
Income (Loss) from Equity Method Investments (Prospectively classified in Operating Income beginning in Q3 fiscal year 2016) 1,760 0 0
Income (Loss) from Operations 46,361 66,183 46,258
INTEREST EXPENSE (20,033) (19,532) (18,466)
OTHER INCOME, Net 9,028 10,307 9,342
Income (Loss) Before Income Taxes 35,356 56,958 37,134
PROVISION (CREDIT) FOR INCOME TAXES 8,795 11,271 8,787
NET INCOME $ 26,561 $ 45,687 $ 28,347
EARNINGS (LOSS) PER SHARE DATA      
Basic Earnings Per Share $ 0.61 $ 1.00 $ 0.59
Diluted Earnings Per Share $ 0.60 $ 1.00 $ 0.59
Weighted Average Shares Outstanding 43,019 44,392 46,366
Diluted Average Shares Outstanding 43,200 44,442 46,436