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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jul. 01, 2018
Jul. 02, 2017
Jul. 03, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ (11,320) $ 56,650 $ 26,561
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 58,258 56,183 54,400
Stock Compensation Expense 6,675 4,923 5,109
Goodwill and Tradename Impairment 0 0 10,334
Pension Settlement Expense 41,157 0 20,245
Equity in Earnings of Unconsolidated Affiliates (12,230) (11,056) (4,947)
Dividends Received from Unconsolidated Affiliates 10,911 9,067 6,119
Loss on Disposition of Plant and Equipment 1,915 857 751
Provision for Deferred Income Taxes 35,351 10,316 2,194
Non-Cash Restructuring Charges 0 0 3,903
Change in Operating Assets and Liabilities:      
Accounts Receivable 47,180 (41,655) 23,917
Inventories (37,446) 11,204 (7,933)
Other Current Assets (4,759) (1,759) 1,231
Accounts Payable, Accrued Liabilities and Income Taxes (10,345) 8,152 (14,016)
Other, Net (2,624) (12,538) (12,941)
Net Cash Provided by Operating Activities 92,723 90,344 114,927
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital Expenditures (1) [1] (103,203) (83,141) (64,161)
Cash Paid for Acquisition, Net of Cash Acquired (1,800) 0 (3,074)
Cash Paid for Investment in Unconsolidated Affiliates 0 0 (19,100)
Proceeds Received on Disposition of Plant and Equipment 339 1,027 1,359
Proceeds on Sale of Investment in Marketable Securities 0 3,343 0
Increase (Decrease) in Restricted Cash (4,295) 0 0
Other, Net 0 0 (860)
Net Cash Used in Investing Activities (108,959) (78,771) (85,836)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net Borrowings on Revolver 48,036 0 0
Proceeds from (Repayments of) Notes Payable 7,685 0 0
Repayments on Long-Term Debt (22,261) 0 (1,851)
Debt Issuance Costs (1,154) 0 (932)
Cash Dividends Paid (23,951) (24,054) (23,617)
Stock Option Exercise Proceeds 3,772 7,770 12,389
Payments of Acquisition Contingent Liability 0 (1,625) 0
Payments Related to Tax Withholding for Stock Compensation (1,396) (1,750) (3,104)
Treasury Stock Purchases (10,312) (19,680) (37,441)
Net Cash Used in Financing Activities 419 (39,339) (54,556)
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (967) (366) (3,086)
NET DECREASE IN CASH AND CASH EQUIVALENTS (16,784) (28,132) (28,551)
CASH AND CASH EQUIVALENTS:      
Beginning of Year 61,707 89,839 118,390
End of Year 44,923 61,707 89,839
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest Paid 24,075 19,422 18,804
Income Taxes Paid 606 $ 4,683 $ 5,980
Noncash or Part Noncash Acquisition, Fixed Assets Acquired $ 9,100    
[1] (1) Non-cash investing activity: The change in the balance of unpaid purchases of property, plant, and equipment included in accounts payable and accruals is $ $9.1 million and $8.4 million for fiscal year 2018 and 2017, and is not material for fiscal year 2016.