XML 37 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 27, 2014
Mar. 28, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 19,680 $ 16,177
Depreciation and amortization 12,136 12,607
Gain on disposition of properties, net (1,520) (608)
Deferred income tax expense 250 409
Stock-based compensation expense 833 682
Change in assets and liabilities:    
Accounts receivable, net (2,937) (1,488)
Inventories (39,361) (20,370)
Prepaid expenses and other current assets (1,478) (2,460)
Accounts payable 10,204 9,488
Accrued expenses (9,292) (1,742)
Income taxes payable (748) 1,378
Other long-term liabilities 858 (83)
Other, net 481 11
Net cash (used in) provided by operating activities (10,894) 14,001
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (8,152) (6,406)
Proceeds from dispositions of assets, net 7,839 984
Other (28) (142)
Net cash used in investing activities (341) (5,564)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facility 238,252 252,586
Repayments of revolving credit borrowings (214,290) (256,387)
Principal payments on long-term debt (2,504) (2,449)
Increase in book overdraft 5,834 7,165
Dividends paid (16,599) (10,889)
Issuance of Common Stock under equity award plans 523 481
Tax benefit of equity award exercises 382 103
Net cash provided by (used in) financing activities 11,598 (9,390)
NET INCREASE (DECREASE) IN CASH 363 (953)
Cash, beginning of period 834 2,459
Cash, end of period $ 1,197 $ 1,506