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v3.23.1

Business Segment Information (Tables) | 9 Months Ended
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Apr. 02, 2023
Segment Reporting [Abstract] |
Selected Financial Information for Americas, Brazil and Asia Segments | Selected financial information is presented below:
|  | For the Three Months Ended April 2, 2023 |
|  | Americas |  |  | Brazil |  |  | Asia |  |  | Total |
Net sales |  | $ | 101,946 |  |  | $ | 27,380 |  |  | $ | 27,412 |  |  | $ | 156,738 |
Cost of sales |  |  | 98,788 |  |  |  | 24,998 |  |  |  | 23,299 |  |  |  | 147,085 |
Gross profit |  |  | 3,158 |  |  |  | 2,382 |  |  |  | 4,113 |  |  |  | 9,653 |
Segment depreciation expense |  |  | 5,574 |  |  |  | 549 |  |  |  | — |  |  |  | 6,123 |
Segment Profit |  | $ | 8,732 |  |  | $ | 2,931 |  |  | $ | 4,113 |  |  | $ | 15,776 |
|  | For the Three Months Ended March 27, 2022 |
|  | Americas |  |  | Brazil |  |  | Asia |  |  | Total |
Net sales |  | $ | 119,736 |  |  | $ | 29,767 |  |  | $ | 51,277 |  |  | $ | 200,780 |
Cost of sales |  |  | 113,952 |  |  |  | 23,784 |  |  |  | 43,900 |  |  |  | 181,636 |
Gross profit |  |  | 5,784 |  |  |  | 5,983 |  |  |  | 7,377 |  |  |  | 19,144 |
Segment depreciation expense |  |  | 5,226 |  |  |  | 382 |  |  |  | — |  |  |  | 5,608 |
Segment Profit |  | $ | 11,010 |  |  | $ | 6,365 |  |  | $ | 7,377 |  |  | $ | 24,752 |
|  | For the Nine Months Ended April 2, 2023 |
|  | Americas |  |  | Brazil |  |  | Asia |  |  | Total |
Net sales |  | $ | 294,832 |  |  | $ | 91,946 |  |  | $ | 85,691 |  |  | $ | 472,469 |
Cost of sales |  |  | 309,627 |  |  |  | 81,447 |  |  |  | 73,179 |  |  |  | 464,253 |
Gross (loss) profit |  |  | (14,795 | ) |  |  | 10,499 |  |  |  | 12,512 |  |  |  | 8,216 |
Segment depreciation expense |  |  | 16,596 |  |  |  | 1,410 |  |  |  | — |  |  |  | 18,006 |
Segment Profit |  | $ | 1,801 |  |  | $ | 11,909 |  |  | $ | 12,512 |  |  | $ | 26,222 |
|  | For the Nine Months Ended March 27, 2022 |
|  | Americas |  |  | Brazil |  |  | Asia |  |  | Total |
Net sales |  | $ | 345,259 |  |  | $ | 91,106 |  |  | $ | 161,817 |  |  | $ | 598,182 |
Cost of sales |  |  | 329,436 |  |  |  | 67,657 |  |  |  | 138,958 |  |  |  | 536,051 |
Gross profit |  |  | 15,823 |  |  |  | 23,449 |  |  |  | 22,859 |  |  |  | 62,131 |
Segment depreciation expense |  |  | 15,446 |  |  |  | 1,042 |  |  |  | — |  |  |  | 16,488 |
Segment Profit |  | $ | 31,269 |  |  | $ | 24,491 |  |  | $ | 22,859 |  |  | $ | 78,619 |
Reconciliations of Segment Gross Profit to Consolidated (loss) Income Before Income Taxes | The reconciliations of segment gross profit to consolidated (loss) income before income taxes are as follows:
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | April 2, 2023 |  |  | March 27, 2022 |  |  | April 2, 2023 |  |  | March 27, 2022 |
Americas |  | $ | 3,158 |  |  | $ | 5,784 |  |  | $ | (14,795 | ) |  | $ | 15,823 |
Brazil |  |  | 2,382 |  |  |  | 5,983 |  |  |  | 10,499 |  |  |  | 23,449 |
Asia |  |  | 4,113 |  |  |  | 7,377 |  |  |  | 12,512 |  |  |  | 22,859 |
Segment gross profit |  |  | 9,653 |  |  |  | 19,144 |  |  |  | 8,216 |  |  |  | 62,131 |
Selling, general and administrative expenses |  |  | 12,063 |  |  |  | 14,389 |  |  |  | 35,584 |  |  |  | 39,025 |
Benefit for bad debts |  |  | (56 | ) |  |  | (169 | ) |  |  | (38 | ) |  |  | (489 | )
Other operating expense (income), net |  |  | 324 |  |  |  | (831 | ) |  |  | (139 | ) |  |  | (2 | )
Operating (loss) income |  |  | (2,678 | ) |  |  | 5,755 |  |  |  | (27,191 | ) |  |  | 23,597 |
Interest income |  |  | (554 | ) |  |  | (492 | ) |  |  | (1,615 | ) |  |  | (944 | )
Interest expense |  |  | 2,073 |  |  |  | 709 |  |  |  | 5,209 |  |  |  | 2,140 |
Equity in earnings of unconsolidated affiliates |  |  | (158 | ) |  |  | (41 | ) |  |  | (539 | ) |  |  | (385 | )
Recovery of non-income taxes, net |  |  | — |  |  |  | 815 |  |  |  | — |  |  |  | 815 |
(Loss) income before income taxes |  | $ | (4,039 | ) |  | $ | 4,764 |  |  | $ | (30,246 | ) |  | $ | 21,971 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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