INCOME TAXES (Tables)

12 Months Ended

Jul. 01, 2017

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

Income tax provision consists of the following:

	Fiscal Year Ended
	July 1, 2017			July 2, 2016			June 27, 2015
	(in thousands)
Current income tax provision:
United States	$	1,231		$	1,014		$	1,701
Foreign	1,206			1,960			975
	2,437			2,974			2,676
Deferred income tax benefit:
United States	(539		)	(1,285		)	(1,486		)
Foreign	(259		)	(71		)	(194		)
	(798		)	(1,356		)	(1,680		)
Total income tax provision	$	1,639		$	1,618		$	996

Effective Tax Rate Reconciliation

The Company’s effective tax rate differs from the federal tax rate as follows:

	Fiscal Year Ended
	July 1, 2017			July 2, 2016			June 27, 2015
	(in thousands)
Federal income tax provision at statutory rates	$	2,467		$	2,771		$	1,802
State income taxes, net of federal tax effect	175			250			133
Foreign tax rate differences	(156		)	(442		)	(80		)
Effect of income tax credits	(738		)	(1,254		)	(1,085		)
Effect of repatriation of foreign earnings, net	199			(161		)	(80		)
Other	(308		)	454			124
Transaction costs	—			—			182
Income tax provision	$	1,639		$	1,618		$	996

Schedule of Income before Income Tax, Domestic and Foreign

The domestic and foreign components of income before income taxes were:

	Fiscal Year Ended
	July 1, 2017		July 2, 2016		June 27, 2015
	(in thousands)
Domestic	$	3,553	$	2,228	$	3,395
Foreign	3,703		5,923		1,905
Income before income taxes	$	7,256	$	8,151	$	5,300

Schedule of Deferred Tax Assets and Liabilities

Deferred income tax assets and liabilities consist of the following at:

	July 1, 2017			July 2, 2016
	(in thousands)
Deferred tax assets:
Tax credit carryforwards, net	$	4,164		$	4,056
Foreign subsidiaries - future tax credits	840			840
Inventory	840			508
Accruals	4,020			4,270
Mark-to-market adjustments	1,443			4,043
Other	28			86
Deferred income tax assets	$	11,335		$	13,803
Deferred tax liabilities:
Foreign subsidiaries – unremitted earnings	(2,288		)	(2,098		)
Fixed assets	(456		)	(1,025		)
Identifiable intangibles	(1,308		)	(1,613		)
Other	(302		)	(85		)
Deferred income tax liabilities	$	(4,354	)	$	(4,821	)
Net deferred income tax assets	$	6,981		$	8,982
Balance sheet caption reported in:
Long-term deferred income tax asset	$	6,981		$	8,982
Net deferred income tax asset	$	6,981		$	8,982

Schedule of Unrecognized Tax Benefits Roll Forward

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

	Fiscal Year Ended
	July 1, 2017		July 2, 2016		June 27, 2015
	(in thousands)
Beginning Balance	$	3,760	$	3,446	$	3,072
Additions based on tax positions related to the current year	187		314		374
Ending Balance	$	3,947	$	3,760	$	3,446