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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Jun. 28, 2014
Operating activities:      
Net income $ 6,533 $ 4,304 $ 7,613
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 6,162 5,910 3,829
Excess tax benefit from exercise of stock options (402) (50) (73)
Provision for obsolete inventory 757 520 257
Provision for warranty 95 115 35
Provision for doubtful accounts 38 97 37
Loss on disposal of property, plant and equipment 0 70 12
Share-based compensation expense 764 732 659
Deferred income taxes 1,313 1,517 687
Changes in operating assets and liabilities, net of acquisition:      
Trade receivables 11,136 (2,080) (2,686)
Inventories (16,169) (14,708) (10,450)
Other assets 1,739 (4,249) (3,145)
Accounts payable (2,561) 17,999 6,059
Accrued compensation and vacation 104 (283) 149
Other liabilities (2,303) 807 (151)
Cash provided by operating activities 4,580 7,667 1,458
Investing activities:      
Payment for acquisition, net of cash acquired 0 (47,964) (6,027)
Purchases of property and equipment (13,277) (8,808) (7,763)
Proceeds from sale of property and equipment 7,612 8,641 0
Cash used in investing activities (5,665) (48,131) (13,790)
Financing activities:      
Payment of financing costs (113) (62) (84)
Proceeds from issuance of long term debt 0 35,000 0
Repayments of long term debt and capital lease obligations (5,000) (3,750) (576)
Borrowings under revolving credit agreement 197,568 137,987 8,212
Repayment of revolving credit agreement (191,126) (126,356) (8,212)
Proceeds from accounts receivable transfer agreement 0 1,116 7,853
Payments towards accounts receivable transfer agreement 0 (8,969) 0
Excess tax benefit from exercise of stock options 402 50 73
Proceeds from exercise of stock options 0 17 50
Cash provided by financing activities 1,731 35,033 7,316
Net increase (decrease) in cash and cash equivalents 646 (5,431) (5,016)
Cash and cash equivalents, beginning of period 372 5,803 10,819
Cash and cash equivalents, end of period 1,018 372 5,803
Supplemental cash flow information:      
Interest payments 2,308 1,221 90
Income tax payments, net of refunds $ 813 $ 3,274 $ 2,184