XML 17 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 28, 2017
Sep. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 10,432 $ 10,180
Depreciation and amortization 3,325 4,025
Loss on disposition of assets, net 165 36
Deferred income tax benefit (573) (465)
Stock-based compensation expense 538 550
Change in assets and liabilities:    
Accounts receivable, net (6,746) 2,346
Inventories 16,522 9,377
Prepaid expenses and other current assets (371) 554
Accounts payable 2,682 15,808
Accrued expenses (7,254) (6,732)
Income taxes payable 4,308 5,797
Other long-term assets and liabilities 37 (297)
Other, net 372 428
Net cash provided by operating activities 23,437 41,607
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (2,876) (3,705)
Other, net 22 1
Net cash used in investing activities (2,854) (3,704)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facility 113,298 75,282
Repayments of revolving credit borrowings (106,300) (86,111)
Principal payments on long-term debt (865) (898)
Increase in bank overdraft 552 1,085
Dividends paid (28,370) (28,150)
Issuance of Common Stock under equity award plans 16 31
Net cash used in financing activities (21,669) (38,761)
NET DECREASE IN CASH (1,086) (858)
Cash, beginning of period 1,955 2,220
Cash, end of period $ 869 $ 1,362