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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 26, 2024
Dec. 28, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 25,254 $ 36,759
Depreciation and amortization 13,153 11,715
Amortization of operating lease right-of-use assets 2,185 877
Loss on disposition of assets, net 671 140
Deferred income tax (benefit) expense (770) 2,280
Stock-based compensation expense 2,651 2,130
Bargain purchase gain, net 0 (2,226)
Change in assets and liabilities, net of Acquisition:    
Accounts receivable, net 3,798 (4,542)
Inventories (9,279) 11,101
Prepaid expenses and other current assets (3,683) (2,942)
Accounts payable 9,039 20,557
Accrued expenses (18,628) (10,310)
Income taxes receivable (3,559) (4,180)
Other long-term assets and liabilities (1,755) (512)
Other, net 839 325
Net cash provided by operating activities 19,916 61,172
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (25,548) (10,882)
Business acquisitions, net 0 (58,974)
Other, net (70) (53)
Net cash used in investing activities (25,618) (69,909)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings 29,333 32,052
Debt issue costs 0 (316)
Principal payments on long-term debt (299) (328)
Increase in bank overdraft 1,408 1,215
Dividends paid (24,404) (23,175)
Taxes paid related to net share settlement of equity awards (484) (684)
Net cash provided by financing activities 5,554 8,764
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (148) 27
Cash and cash equivalents, beginning of period 484 1,948
Cash, end of period $ 336 $ 1,975