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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Operating activities:    
Net loss $ (34,190) $ (31,242)
Reconciliation of net loss to net cash used in operating activities, net of acquisitions:    
Depreciation and amortization 13,038 13,194
Amortization of deferred financing costs 180 180
Deferred income taxes (607) (579)
Bad debt expense 84 586
Stock-based compensation 2,479 2,364
Other non-cash items 255 270
Changes in operating items:    
Trade receivables (23,025) (24,407)
Inventories (97,439) (89,287)
Prepaid and other (29,237) (14,764)
Accounts payable and accrued expenses (8,806) (42)
Other assets and liabilities 27 (157)
Net cash used in operating activities (177,241) (143,884)
Investing activities:    
Acquisitions, net of cash acquired (3,000) 0
Capital expenditures (12,075) (6,974)
Net cash used in investing activities (15,075) (6,974)
Financing activities:    
Acquisition of treasury stock (1,255) (74)
Proceeds from exercise of employee stock options 41 0
Proceeds from bank borrowings 45,000 35,000
Repayment of bank borrowings (2,500) (2,500)
Net cash provided by financing activities 41,286 32,426
Net change in cash and cash equivalents (151,030) (118,432)
Cash and cash equivalents:    
Beginning of period 159,437 126,807
End of period $ 8,407 $ 8,375