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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 29, 2022
Sep. 23, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 15,545 $ 19,249
Depreciation and amortization 4,961 4,596
Loss (gain) on disposition of assets, net 5 (2,299)
Deferred income tax expense 5 790
Stock-based compensation expense 772 703
Change in assets and liabilities:    
Accounts receivable, net (6,790) (5,556)
Inventories 12,757 (4,605)
Prepaid expenses and other current assets 1,537 (1,839)
Accounts payable 3,216 (1,631)
Accrued expenses (5,265) (12,089)
Income taxes payable 3,815 2,805
Other long-term assets and liabilities 215 172
Other, net (127) 607
Net cash provided by operating activities 30,646 903
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (5,918) (5,110)
Proceeds from dispositions of assets, net 0 3,945
Other, net (56) (72)
Net cash used in investing activities (5,974) (1,237)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings 2,185 36,611
Principal payments on long-term debt (1,267) (938)
Increase (decrease) in bank overdraft 274 (922)
Dividends paid (25,981) (34,534)
Taxes paid related to net share settlement of equity awards 0 (16)
Net cash (used in) provided by financing activities (24,789) 201
NET DECREASE IN CASH (117) (133)
Cash, beginning of period 415 672
Cash, end of period $ 298 $ 539