XML 41 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jul. 02, 2023
Operating activities:      
Net loss $ (199,993) $ (6,105) $ (44,702)
Reconciliation of net loss to net cash (used in) provided by operating activities, net of acquisitions:      
Goodwill and intangible impairment 143,823 19,762 64,586
Depreciation and amortization 53,618 53,752 53,673
Amortization of deferred financing costs 866 724 1,834
Deferred income taxes (12,723) (11,732) (4,608)
Bad debt expense 674 251 3,991
Stock-based compensation 11,891 10,688 8,334
Other non-cash items 2,013 310 95
Changes in operating items, net of acquisitions:      
Trade receivables (4,284) 2,143 (597)
Inventories 756 14,572 57,591
Prepaid and other (5,682) 2,913 12,554
Accounts payable and accrued expenses (16,997) 6,404 (38,623)
Other assets and other liabilities (325) 1,317 1,223
Net cash (used in) provided by operating activities (26,363) 94,999 115,351
Investing activities:      
Acquisitions, net of cash acquired (3,000) (3,672) (6,151)
Capital expenditures (41,463) (38,632) (44,646)
Purchase of equity investments 0 0 (32)
Net cash used in investing activities (44,463) (42,304) (50,829)
Financing activities:      
Acquisition of treasury stock (10,175) (10,394) (1,239)
Proceeds from exercise of employee stock options 281 329 0
Proceeds from bank borrowings 110,000 82,000 395,900
Repayment of bank borrowings (140,000) (92,000) (360,900)
Debt issuance costs (2,215) 0 (2,941)
Net cash (used in) provided by financing activities (42,109) (20,065) 30,820
Net change in cash and cash equivalents (112,935) 32,630 95,342
Cash and cash equivalents:      
Beginning of year 159,437 126,807 31,465
End of year $ 46,502 $ 159,437 $ 126,807