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Note 7 - Other Current Assets
3 Months Ended
Sep. 23, 2012
Other Current Assets Disclosure [Text Block]

7. Other Current Assets


Other current assets consist of the following:


 

September 23, 2012

June 24, 2012

Value added taxes receivable

  $ 2,583   $ 2,495

Vendor deposits

    1,703     2,076

Prepaid expenses

    1,809     1,778

Assets held for sale

    341     341

Other

    32     32

Total other current assets

  $ 6,468   $ 6,722

Value added taxes receivable are recoverable taxes associated with the sales and purchase activities of the Company's foreign operations. Vendor deposits primarily relate to down payments made towards the purchase of raw materials from Asia. Prepaid expenses consist of advance payments for insurance, public exchange and rating services, professional fees, membership dues, subscriptions, non-income related tax payments and information technology services. Assets held for sale relate to certain nylon warehouse, land and other improvements located in Fort Payne, Alabama that are currently listed for sale. Other includes miscellaneous employee advances and unrealized foreign currency gains.