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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 27, 2025
Mar. 28, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 45,407 $ 50,236
Depreciation and amortization 19,896 18,053
Amortization of operating lease right-of-use assets 3,345 1,365
Loss on disposition of assets, net 739 287
Deferred income tax (benefit) expense (475) 2,191
Stock-based compensation expense 3,486 3,228
Bargain purchase gain, net 0 (2,226)
Change in assets and liabilities, net of Acquisition:    
Accounts receivable, net 10,460 (2,829)
Inventories (61,235) (2,236)
Prepaid expenses and other current assets (1,308) (1,125)
Accounts payable (1,467) 8,892
Accrued expenses (20,986) (6,808)
Income taxes receivable (2,179) (2,593)
Other long-term assets and liabilities (2,820) (679)
Other, net 1,151 682
Net cash (used in) provided by operating activities (5,986) 66,438
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (37,227) (17,468)
Business acquisitions, net 0 (58,974)
Other, net (114) (53)
Net cash used in investing activities (37,341) (76,495)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term borrowings 69,182 32,093
Debt issue costs 0 (316)
Principal payments on long-term debt (547) (498)
Increase in bank overdraft 397 1,066
Dividends paid (24,404) (23,175)
Taxes paid related to net share settlement of equity awards (490) (684)
Net cash provided by financing activities 44,138 8,486
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 811 (1,571)
Cash and cash equivalents, beginning of period 484 1,948
Cash, end of period $ 1,295 $ 377