XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Operating activities:    
Net loss $ (31,242) $ (33,692)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 13,194 12,694
Amortization of deferred financing costs 180 345
Deferred income taxes (579) (381)
Bad debt expense 586 265
Stock-based compensation 2,364 1,555
Other non-cash items 270 326
Changes in operating items:    
Trade receivables (24,407) (25,416)
Inventories (89,287) (95,038)
Prepaid and other (14,764) (19,425)
Accounts payable and accrued expenses (42) 11,742
Other assets and liabilities (157) 702
Net cash used in operating activities (143,884) (146,323)
Investing activities:    
Capital expenditures (6,974) (11,033)
Net cash used in investing activities (6,974) (11,033)
Financing activities:    
Acquisition of treasury stock (74) 0
Proceeds from bank borrowings 35,000 140,000
Repayment of bank borrowings (2,500) (5,000)
Debt issuance cost 0 (333)
Net cash provided by financing activities 32,426 135,333
Net change in cash and cash equivalents (118,432) (22,023)
Cash and cash equivalents:    
Beginning of period 126,807 31,465
End of period $ 8,375 $ 9,442