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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Operating activities:    
Net income (loss) $ (8,799) $ 852
Adjustments to reconcile net income to cash provided by operating activities:    
Impairment of goodwill and intangibles 12,448 0
Depreciation and amortization 5,520 5,838
Amortization of deferred loan costs 22 22
Provision for obsolete inventory 70 28
Provision for warranty 67 39
Recovery of doubtful accounts 58 (84)
Loss on disposal of assets 0 8
Share-based compensation expense 354 307
Deferred income taxes (936) (1,396)
Changes in operating assets and liabilities:    
Trade receivables 5,534 2,199
Contract assets (8,232) 0
Cash received from arbitration settlement 6,684 0
Inventories 3,639 (13,400)
Other assets (3,648) (5,768)
Accounts payable (7,439) 16,148
Accrued compensation and vacation (1,769) (3,389)
Other liabilities (185) 2,616
Cash provided by operating activities 3,388 4,020
Investing activities:    
Purchase of property and equipment (5,841) (3,176)
Proceeds from sale of fixed assets 17 985
Cash receipts from deferred purchase price of factored receivables 4,768 5,851
Cash provided by (used in) investing activities (1,056) 3,660
Financing activities:    
Payment of financing costs (11) (17)
Repayments of long term debt (4,403) (4,403)
Borrowings under revolving credit agreement 140,047 135,876
Repayments of revolving credit agreement (138,143) (139,211)
Cash used in financing activities (2,510) (7,755)
Net decrease in cash and cash equivalents (178) (75)
Cash and cash equivalents, beginning of period 343  
Cash and cash equivalents, end of period 165  
Noncash investing and financing items:    
Beneficial interest in transferred receivables (2,083) (2,389)
Supplemental cash flow information:    
Interest payments 2,108 1,819
Income tax payments (refunds), net of refunds $ (384) $ 233