XML 25 R19.htm IDEA: XBRL DOCUMENT v3.24.0.1
Shareholders' Equity
6 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Shareholders' Equity

Shareholders’ Equity

A summary of activity impacting shareholders’ equity for the three- and six-month periods ended December 31, 2023 and January 1, 2023 were as follows (in thousands):

 

 

Three months ended December 31, 2023

 

 

Total
Shareholders’
Equity

 

 

Common Stock

 

 

Capital in Excess of Par Value

 

 

Retained Earnings

 

 

Accumulated Other Comprehensive Loss

 

 

Treasury Stock

 

 

Non-Controlling Interest

 

Balance, October 1, 2023

$

215,301

 

 

$

76

 

 

$

100,721

 

 

$

238,464

 

 

$

(14,527

)

 

$

(135,514

)

 

$

26,081

 

Net income

 

780

 

 

 

 

 

 

 

 

 

1,022

 

 

 

 

 

 

 

 

 

(242

)

Translation adjustments

 

1,014

 

 

 

 

 

 

 

 

 

 

 

 

602

 

 

 

 

 

 

412

 

Stock based compensation

 

479

 

 

 

 

 

 

479

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement
   adjustment, net of tax

 

47

 

 

 

 

 

 

 

 

 

 

 

 

47

 

 

 

 

 

 

 

Employee stock purchases

 

20

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

 

13

 

 

 

 

Balance, December 31, 2023

$

217,641

 

 

$

76

 

 

$

101,207

 

 

$

239,486

 

 

$

(13,878

)

 

$

(135,501

)

 

$

26,251

 

 

 

Three months ended January 1, 2023

 

 

Total
Shareholders’
Equity

 

 

Common Stock

 

 

Capital in Excess of Par Value

 

 

Retained Earnings

 

 

Accumulated Other Comprehensive Loss

 

 

Treasury Stock

 

 

Non-Controlling Interest

 

Balance, October 2, 2022

$

219,409

 

 

$

75

 

 

$

102,250

 

 

$

241,094

 

 

$

(19,256

)

 

$

(135,569

)

 

$

30,815

 

Net loss

 

(2,515

)

 

 

 

 

 

 

 

 

(1,839

)

 

 

 

 

 

 

 

 

(676

)

Translation adjustments

 

429

 

 

 

 

 

 

 

 

 

 

 

 

(40

)

 

 

 

 

 

469

 

Stock based compensation

 

263

 

 

 

 

 

 

263

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement
    adjustment, net of tax

 

70

 

 

 

 

 

 

 

 

 

 

 

 

70

 

 

 

 

 

 

 

Employee stock purchases

 

20

 

 

 

 

 

 

7

 

 

 

 

 

 

 

 

 

13

 

 

 

 

Balance, January 1, 2023

$

217,676

 

 

$

75

 

 

$

102,520

 

 

$

239,255

 

 

$

(19,226

)

 

$

(135,556

)

 

$

30,608

 

 

 

Six months ended December 31, 2023

 

 

Total
Shareholders’
Equity

 

 

Common Stock

 

 

Capital in Excess of Par Value

 

 

Retained Earnings

 

 

Accumulated Other Comprehensive Loss

 

 

Treasury Stock

 

 

Non-Controlling Interest

 

Balance, July 2, 2023

$

211,024

 

 

$

75

 

 

$

100,309

 

 

$

234,299

 

 

$

(14,194

)

 

$

(135,526

)

 

$

26,061

 

Net income

 

5,235

 

 

 

 

 

 

 

 

 

5,187

 

 

 

 

 

 

 

 

 

48

 

Translation adjustments

 

365

 

 

 

 

 

 

 

 

 

 

 

 

223

 

 

 

 

 

 

142

 

Purchase of SPA non-
   controlling interest

 

(97

)

 

 

 

 

 

(97

)

 

 

 

 

 

 

 

 

 

 

 

 

Stock based compensation

 

984

 

 

 

 

 

 

984

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement
   adjustment, net of
   tax

 

93

 

 

 

 

 

 

 

 

 

 

 

 

93

 

 

 

 

 

 

 

Employee stock purchases

 

37

 

 

 

1

 

 

 

11

 

 

 

 

 

 

 

 

 

25

 

 

 

 

Balance, December 31, 2023

$

217,641

 

 

$

76

 

 

$

101,207

 

 

$

239,486

 

 

$

(13,878

)

 

$

(135,501

)

 

$

26,251

 

 

 

Six months ended January 1, 2023

 

 

Total
Shareholders’
Equity

 

 

Common Stock

 

 

Capital in Excess of Par Value

 

 

Retained Earnings

 

 

Accumulated Other Comprehensive Loss

 

 

Treasury Stock

 

 

Non-Controlling Interest

 

Balance, July 3, 2022

$

219,947

 

 

$

75

 

 

$

101,524

 

 

$

240,969

 

 

$

(18,588

)

 

$

(135,580

)

 

$

31,547

 

Net loss

 

(2,578

)

 

 

 

 

 

 

 

 

(1,714

)

 

 

 

 

 

 

 

 

(864

)

Dividend declared – non-
   controlling Interests of
   subsidiaries

 

(600

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(600

)

Translation adjustments

 

(253

)

 

 

 

 

 

 

 

 

 

 

 

(778

)

 

 

 

 

 

525

 

Stock based compensation

 

874

 

 

 

 

 

 

874

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and postretirement
   adjustment, net of
   tax

 

140

 

 

 

 

 

 

 

 

 

 

 

 

140

 

 

 

 

 

 

 

Stock option exercises

 

109

 

 

 

 

 

 

109

 

 

 

 

 

 

 

 

 

 

 

 

 

Employee stock purchases

 

37

 

 

 

 

 

 

13

 

 

 

 

 

 

 

 

 

24

 

 

 

 

Balance, January 1, 2023

$

217,676

 

 

$

75

 

 

$

102,520

 

 

$

239,255

 

 

$

(19,226

)

 

$

(135,556

)

 

$

30,608