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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 26, 2024
Sep. 28, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 11,659 $ 17,588
Depreciation and amortization 6,545 5,236
Amortization of operating lease right-of-use assets 1,084 439
Loss on disposition of assets, net 135 126
Deferred income tax (benefit) expense (550) 131
Stock-based compensation expense 935 747
Change in assets and liabilities:    
Accounts receivable, net 1,245 4,511
Inventories 1,998 (1,853)
Prepaid expenses and other current assets 2,333 (791)
Accounts payable 3,106 8,796
Accrued expenses (23,185) (16,017)
Income taxes payable 4,141 3,844
Other long-term assets and liabilities (882) (651)
Other, net 370 (225)
Net cash provided by operating activities 8,934 21,881
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (11,900) (5,993)
Other, net (56) (53)
Net cash used in investing activities (11,956) (6,046)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings 26,732 6,008
Principal payments on long-term debt (118) (162)
Increase in bank overdraft 770 384
Dividends paid (24,404) (23,175)
Net cash provided by (used in) financing activities 2,980 (16,945)
NET INCREASE IN CASH AND CASH EQUIVALENTS (42) (1,110)
Cash and cash equivalents, beginning of period 484 1,948
Cash, end of period $ 442 $ 838