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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 27, 2022
Mar. 28, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 8,197 $ 25,556
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 14,724 14,730
Foreign currency transaction loss 76 1,926
Loss on disposal of property, plant and equipment 153 1,421
Unrealized gain on peso forward contracts (500) (512)
Stock based compensation expense 873 775
Equity earnings of joint ventures (941) (1,844)
Change in operating assets and liabilities:    
Receivables (6,637) (39,176)
Inventories (2,450) (3,930)
Other assets (4,370) (1,119)
Accounts payable and accrued liabilities 2,297 27,213
Other, net 361 356
Net cash provided by operating activities 11,783 25,396
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in VAST LLC (75) (100)
Purchase of property, plant and equipment (9,407) (6,401)
Proceeds received on sale of property, plant and equipment   8
Net cash used in investing activities (9,482) (6,493)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under credit facilities 11,000  
Repayment of borrowings under credit facilities (11,000) (19,000)
Dividends paid to non-controlling interests of subsidiaries (1,200) (490)
Exercise of stock options and employee stock purchases 884 585
Net cash used in financing activities (316) (18,905)
Foreign currency impact on cash 9 (437)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,994 (439)
CASH AND CASH EQUIVALENTS    
Beginning of period 14,465 11,774
End of period 16,459 11,335
Cash paid (recovered) during the period for:    
Income taxes (1,378) 3,701
Interest 158 276
Non-cash investing activities:    
Change in capital expenditures in accounts payable $ 824 $ (873)