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Note 5 - Receivables, Net
12 Months Ended
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.