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Consolidated Statements Of Cash Flows (USD $)
In Thousands
12 Months Ended
Jul. 03, 2011
Jun. 27, 2010
Jun. 28, 2009
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 24,355 $ 36,615 $ 31,972
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 61,828 66,232 [1] 67,803 [1]
Stock Compensation Expense 9,595 6,975 3,999
Impairment Charge 49,450   4,575
Earnings of Unconsolidated Affiliates (5,082) (4,071) (1,526)
Dividends Received from Unconsolidated Affiliates 6,979 4,005 5,211
Loss on Disposition of Plant and Equipment 1,651 2,125 2,514
Loss on Curtailment of Employee Benefits     1,190
Provision for Deferred Income Taxes 6,117 3,755 7,368
Change in Operating Assets and Liabilities:      
(Increase) Decrease in Receivables 37,775 (24,430) 59,809
(Increase) Decrease in Inventories (20,547) 76,389 61,810
(Increase) Decrease in Prepaid Expenses and Other Current Assets 1,843 1,032 (13,152)
Increase (Decrease) in Accounts Payable, Accrued Liabilities and Income Taxes (14,081) 67,947 (45,318)
Other, Net (2,952) 7,167 (13,835)
Net Cash Provided by Operating Activities 156,931 243,741 172,420
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to Plant and Equipment (59,919) (44,443) (43,027)
Cash Paid for Acquisition, Net of Cash Acquired     (24,757)
Proceeds Received on Disposition of Plant and Equipment 148 276 3,659
Other, Net   (144) (348)
Net Cash Used by Investing Activities (59,771) (44,311) (64,473)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net Repayments on Revolver   (34,000) (65,077)
Proceeds from Long-Term Debt Financing 225,000    
Repayments on Long-Term Debt (203,698) (44,236) (20,000)
Debt Issuance Costs (4,994)    
Cash Dividends Paid (22,334) (22,125) (38,171)
Stock Option Exercise Proceeds and Tax Benefits 1,532 864  
Net Cash Used by Financing Activities (4,494) (99,497) (123,248)
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 419 629 (1,175)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 93,085 100,562 (16,476)
CASH AND CASH EQUIVALENTS:      
Beginning of Year 116,554 15,992 32,468
End of Year 209,639 116,554 15,992
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Interest Paid 26,691 26,693 31,169
Income Taxes Paid (Refunded) $ 4,340 $ (6) $ 4,107
[1] Prior year amounts have been reclassified to conform to current year presentation. These adjustments relate to the sale of certain products through our foreign subsidiaries that had been reported within the Engines segment, but are now reported in the Power Products segment. These adjustments align our segment reporting with current management responsibilities.