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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 23, 2021
Dec. 24, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 32,496 $ 32,697
Depreciation and amortization 9,143 9,089
Gain on disposition of assets, net (1,765) (2,530)
Deferred income tax expense (benefit) 1,783 (500)
Stock-based compensation expense 1,771 1,620
Change in assets and liabilities:    
Accounts receivable, net 1,302 (1,247)
Inventories (30,743) 16,697
Prepaid expenses and other current assets (3,429) (1,557)
Accounts payable 16,244 16,244
Accrued expenses (8,971) (11,993)
Income taxes payable (3,606) 1,871
Other long-term assets and liabilities 379 344
Other, net 1,216 1,200
Net cash provided by operating activities 15,820 61,935
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (9,485) (11,121)
Proceeds from dispositions of assets, net 3,950 294
Other (354) 93
Net cash used in investing activities (5,889) (10,734)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings (repayments) 27,232 (17,839)
Principal payments on long-term debt (1,887) (3,432)
Increase (decrease) in bank overdraft 575 (531)
Dividends paid (34,534) (28,685)
Taxes paid related to net share settlement of equity awards (962) (486)
Net cash used in financing activities (9,576) (50,973)
NET INCREASE IN CASH 355 228
Cash, beginning of period 672 1,535
Cash, end of period $ 1,027 $ 1,763