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Note 5 - Receivables, Net
 6 Months Ended
Dec. 28, 2014
Receivables [Abstract]  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

5. Receivables, Net


Receivables, net consists of the following:


   

December 28, 2014

   

June 29, 2014

 

Customer receivables

  $ 78,106     $ 95,270  

Allowance for uncollectible accounts

    (1,465 )     (1,035 )

Reserves for yarn quality claims

    (640 )     (618 )

Net customer receivables

    76,001       93,617  

Related party receivables

    25       17  

Other receivables

    293       291  

Total receivables, net

  $ 76,319     $ 93,925  

Other receivables consist primarily of receivables for duty drawback, healthcare claim reimbursement, interest and refunds from vendors.


The changes in the Company’s allowance for uncollectible accounts and reserves for yarn quality claims were as follows:


   

Allowance for Uncollectible Accounts

   

Reserves for Yarn Quality Claims

 

Balance at June 29, 2014

  $ (1,035 )   $ (618 )

Charged to costs and expenses

    (654 )     (631 )

Charged to other accounts

    144       22  

Deductions

    80       587  

Balance at December 28, 2014

  $ (1,465 )   $ (640 )

Amounts charged to costs and expenses for the allowance for uncollectible accounts are reflected in the provision for bad debts and deductions represent amounts written off which were deemed to not be collectible, net of any recoveries. Amounts charged to costs and expenses for the reserves for yarn quality claims are primarily reflected as a reduction of net sales and deductions represent adjustments to either increase or decrease claims based on negotiated amounts or actual versus estimated claim differences. Amounts charged to other accounts primarily include the impact of translating the activity of the Company’s foreign affiliates from their respective local currencies to the U.S. Dollar.