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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jul. 02, 2016
Operating activities:      
Net income (loss) $ (1,325) $ 5,617 $ 6,533
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 7,774 7,232 6,162
Amortization of deferred loan costs 30 17 0
Excess tax benefit from exercise of stock options 0 0 (402)
Provision for obsolete inventory 31 496 757
Provision for warranty 74 68 95
(Recovery of) provision for doubtful accounts (84) (10) 38
Loss on disposal of assets 20 101 0
Share-based compensation expense 447 692 764
Deferred income taxes 1,562 471 1,313
Loss on settlement of arbitration (4,535) 0 0
Changes in operating assets and liabilities      
Trade receivables (10,601) (3,505) 11,136
Inventories 589 4,920 (16,169)
Other assets (2,872) 636 1,739
Accounts payable 23,320 (5,889) (2,561)
Accrued compensation and vacation (1,900) 434 104
Other liabilities 2,051 (913) (2,303)
Cash provided by operating activities 11,457 9,425 4,580
Investing activities:      
Purchases of property and equipment (4,523) (9,307) (13,277)
Proceeds from sale of fixed assets 1,041 834 7,612
Cash used in investing activities (3,482) (8,473) (5,665)
Financing activities:      
Payment of financing costs (21) (221) (113)
Proceeds from issuance of long term debt 0 3,919 0
Repayments of long term debt (5,871) (5,435) (5,000)
Borrowings under revolving credit agreement 187,419 161,240 197,568
Repayments of revolving credit agreement (189,532) (160,978) (191,126)
Excess tax benefit from exercise of stock options 0 0 402
Tax withholding from exercise of share-based compensation 0 (122) 0
Cash (used in) provided by financing activities (8,005) (1,597) 1,731
Net (decrease) increase in cash and cash equivalents (30) (645) 646
Cash and cash equivalents, beginning of period 373 1,018 372
Cash and cash equivalents, end of period 343 373 1,018
Supplemental cash flow information:      
Interest payments 2,529 2,238 2,308
Income tax payments, net of refunds $ 304 $ 1,799 $ 813