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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 26, 2019
Sep. 27, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 12,926 $ 6,606
Depreciation and amortization 4,412 4,168
Loss on disposition of assets, net 3 23
Deferred income tax benefit (249) (620)
Stock-based compensation expense 633 616
Change in assets and liabilities:    
Accounts receivable, net 497 6,536
Inventories 571 (6,669)
Prepaid expenses and other current assets 356 1,094
Accounts payable 9,655 (1,256)
Accrued expenses (10,969) 2,451
Income taxes payable 3,839 2,446
Other long-term assets and liabilities 300 (132)
Other, net 494 412
Net cash provided by operating activities 22,468 15,675
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (3,118) (4,754)
Other 16 (14)
Net cash used in investing activities (3,102) (4,768)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings 16,042 20,663
Principal payments on long-term debt (2,192) (1,789)
Increase (Decrease) in bank overdraft 401 (941)
Dividends paid (34,321) (29,074)
Net cash used in financing activities (20,070) (11,141)
NET DECREASE IN CASH (704) (234)
Cash, beginning of period 1,591 1,449
Cash, end of period 887 $ 1,215
Supplemental disclosure of non-cash investing activities:    
Right-of-use assets recognized at ASU No. 2016-02 transition, see Note 3 $ 5,361