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Note 4 - Acquisition
12 Months Ended
Jun. 26, 2016
Notes to Financial Statements  
Business Combination Disclosure [Text Block]
4. Acquisition
 
Acquisition of Draw Winding Business
On December 2, 2013, the Company acquired certain draw winding assets and the associated business, and recorded $2,500 for a contingent liability.  The acquisition increased the Company’s polyester production capacity and allowed the Company to expand its product offerings to include mid-tenacity flat yarns. The contingent consideration liability represented the present value of the expected future payments due to the seller over the five-year period following the acquisition date.
 
See Note 9 for further discussion of the customer list and non-compete agreement. 
 
See Note 18 for further discussion of the recurring measurement of the contingent consideration.