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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 28, 2023
Sep. 29, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 17,588 $ 15,545
Depreciation and amortization 5,236 4,961
Loss on disposition of assets, net 126 5
Deferred income tax expense 131 5
Stock-based compensation expense 747 772
Change in assets and liabilities:    
Accounts receivable, net 4,511 (6,790)
Inventories (1,853) 12,757
Prepaid expenses and other current assets (791) 1,537
Accounts payable 8,796 3,216
Accrued expenses (15,881) (5,265)
Income taxes payable 3,844 3,815
Other long-term assets and liabilities (348) 215
Other, net (225) (127)
Net cash provided by operating activities 21,881 30,646
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (5,993) (5,918)
Other, net (53) (56)
Net cash used in investing activities (6,046) (5,974)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings 6,008 2,185
Principal payments on long-term debt (162) (1,267)
Increase in bank overdraft 384 274
Dividends paid (23,175) (25,981)
Net cash used in financing activities (16,945) (24,789)
NET DECREASE IN CASH AND CASH EQUIVALENTS (1,110) (117)
Cash, beginning of period 1,948 415
Cash, end of period $ 838 $ 298