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Note 5 - Receivables, Net | 12 Months Ended
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Jun. 26, 2016
Notes to Financial Statements |
Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 5. Receivables, Net Receivables, net consists of the following:
|  | June 26, 2016 |  |  | June 28, 2015 |
Customer receivables |  | $ | 86,358 |  |  | $ | 85,731 |
Allowance for uncollectible accounts |  |  | (2,839 | ) |  |  | (1,596 | )
Reserves for yarn quality claims |  |  | (795 | ) |  |  | (581 | )
Net customer receivables |  |  | 82,724 |  |  |  | 83,554 |
Related party receivables |  |  | 10 |  |  |  | 75 |
Other receivables |  |  | 688 |  |  |  | 234 |
Total receivables, net |  | $ | 83,422 |  |  | $ | 83,863 |
Other receivables consist primarily of receivables for duty drawback and refunds due 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 30, 2013 |  | $ | (972 | ) |  | $ | (893 | )
Charged to costs and expenses |  |  | (287 | ) |  |  | (1,726 | )
Charged to other accounts |  |  | (20 | ) |  |  | 2 |
Deductions |  |  | 244 |  |  |  | 1,999 |
Balance at June 29, 2014 |  | $ | (1,035 | ) |  | $ | (618 | )
Charged to costs and expenses |  |  | (947 | ) |  |  | (1,336 | )
Charged to other accounts |  |  | 240 |  |  |  | 29 |
Deductions |  |  | 146 |  |  |  | 1,344 |
Balance at June 28, 2015 |  | $ | (1,596 | ) |  | $ | (581 | )
Charged to costs and expenses |  |  | (1,684 | ) |  |  | (1,886 | )
Charged to other accounts |  |  | (56 | ) |  |  | (4 | )
Deductions |  |  | 497 |  |  |  | 1,676 |
Balance at June 26, 2016 |  | $ | (2,839 | ) |  | $ | (795 | )
Amounts charged to costs and expenses for the allowance for uncollectible accounts are reflected in 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.

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