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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Operating activities:    
Net income (loss) $ 817 $ (1,523)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation and amortization 1,516 1,269
Excess tax benefit from share-based compensation (325) 0
Provision for obsolete inventory 405 118
(Recovery of) provision for warranty (22) 14
(Recovery of) provision for doubtful accounts (4) 74
Gain on disposal of assets 0 (6)
Share-based compensation expense 189 165
Deferred income taxes (1,127) 1,815
Changes in operating assets and liabilities, net of acquisition:    
Trade receivables (905) (3,911)
Inventories (9,611) 2,589
Other assets (1,904) (3,303)
Accounts payable 13,429 5,450
Accrued compensation and vacation (2,011) (2,052)
Other liabilities 847 (2,837)
Cash provided by (used in) operating activities 1,294 (2,138)
Investing activities:    
Payment for acquisition, net of cash acquired 0 (47,763)
Purchase of property and equipment (3,512) (2,248)
Proceeds from sale of fixed assets 2,439 2,195
Cash used in investing activities (1,073) (47,816)
Financing activities:    
Payment of financing costs (28) (11)
Proceeds from issuance of long term debt 0 35,000
Repayments of long term debt (1,250) 0
Borrowings under revolving credit agreement 50,721 39,552
Repayment of revolving credit agreement (50,221) (21,618)
Proceeds from accounts receivable purchase agreement 0 1,147
Payments towards accounts receivable purchase agreement 0 (8,969)
Excess tax benefit from share-based compensation 325 0
Proceeds from exercise of stock options 0 17
Cash (used in) provided by financing activities (453) 45,118
Net decrease in cash and cash equivalents (232) (4,836)
Cash and cash equivalents, beginning of period 372 5,803
Cash and cash equivalents, end of period 140 967
Supplemental cash flow information:    
Interest payments 491 286
Income tax payments, net of refunds $ 552 $ 198