Other Financial Data (Tables)

3 Months Ended

Sep. 29, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Balance Sheet Information

Select balance sheet information is presented in the following table.

	September 29, 2024			June 30, 2024
Receivables, net:
Customer receivables	$	79,089		$	80,050
Allowance for uncollectible accounts		(3,036	)		(2,713	)
Reserves for quality claims		(835	)		(745	)
Net customer receivables		75,218			76,592
Banker's acceptance notes		1,632			1,326
Other receivables		1,035			1,247
Total receivables, net	$	77,885		$	79,165
Inventories:
Raw materials	$	57,696		$	49,391
Supplies		12,206			12,160
Work in process		8,696			8,994
Finished goods		70,122			64,449
Gross inventories		148,720			134,994
Net realizable value adjustment		(3,370	)		(3,813	)
Total inventories	$	145,350		$	131,181
Other current assets:
Assets held for sale (1)	$	3,798		$	3,781
Vendor deposits		3,579			2,633
Prepaid expenses and other		2,554			2,133
Value-added taxes receivable		2,454			2,510
Contract assets		538			561
Total other current assets	$	12,923		$	11,618
Property, plant and equipment, net:
Land	$	1,904		$	1,897
Land improvements		16,409			16,409
Buildings and improvements		162,840			162,414
Assets under finance leases		18,030			18,030
Machinery and equipment		653,378			650,901
Computers, software and office equipment		25,744			25,464
Transportation equipment		10,755			10,710
Construction in progress		3,350			3,319
Gross property, plant and equipment		892,410			889,144
Less: accumulated depreciation		(694,857	)		(688,086	)
Less: accumulated amortization – finance leases		(7,809	)		(7,335	)
Total property, plant and equipment, net	$	189,744		$	193,723
Other non-current assets:
Recovery of taxes	$	5,794		$	5,543
Grantor trust		2,147			2,942
Investments in unconsolidated affiliates		1,599			1,603
Intangible assets, net		655			682
Other		2,257			2,181
Total other non-current assets	$	12,452		$	12,951
Other current liabilities:
Payroll and fringe benefits	$	8,978		$	7,140
Utilities		2,612			2,861
Incentive compensation		1,798			1,450
Deferred revenue		1,500			1,504
Property taxes, interest and other		4,035			4,707
Total other current liabilities	$	18,923		$	17,662
Other long-term liabilities:
Nonqualified deferred compensation plan obligation	$	2,175		$	2,008
Uncertain tax positions		1,161			1,109
Other		379			390
Total other long-term liabilities	$	3,715		$	3,507

(1) Assets held for sale as of September 29, 2024 relates to a warehouse located in Yadkinville, North Carolina. On October 30, 2024, this property was sold for $8,100 resulting in a net gain of approximately $4,300.