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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jul. 03, 2020
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:      
Net income $ 85,712 $ 46,775 $ 40,883
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 49,330 46,392 42,277
Share-based Compensation 26,538 19,422 17,314
Deferred income taxes (3,019) (1,557) (5,464)
Gain on investments (5,817) 0 0
Termination of interest rate swap 0 5,420 0
Other non-cash items 3,509 3,779 2,103
Changes in operating assets and liabilities, net of effects of businesses acquired:      
Accounts receivable, unbilled receivable, and cost in excess of billings (31,079) (28,096) (22,751)
Inventory (31,609) (17,101) (16,230)
Prepaid income taxes (2,792) 3,843 (2,327)
Prepaid expenses and other current assets (2,116) (1,075) (361)
Other non-current assets (1,260) 101 296
Accounts payable and accrued expenses 13,610 17,949 (5,267)
Deferred revenues and customer advances 7,082 (1,531) 6,035
Income taxes payable (131) 3,152 (11,187)
Other non-current liabilities 7,226 44 (2,000)
Net cash provided by operating activities 115,184 97,517 43,321
Cash flows from investing activities:      
Acquisition of businesses, net of cash acquired (96,502) (127,083) (185,396)
Purchases of property and equipment (43,294) (26,691) (15,106)
Proceeds from sale of investment 4,310 0 0
Other investing activities 0 0 (375)
Net cash used in investing activities (135,486) (153,774) (200,877)
Cash flows from financing activities:      
Proceeds from employee stock plans 5,317 3,661 3,445
Stock Repurchased and Retired During Period, Value (16,249) (7,968) (15,508)
Payments of term debt (200,000) (324,500) (15,000)
Borrowings under credit facilities 200,000 129,500 210,000
Proceeds from equity offering, net 0 454,343 0
Termination of interest rate swap 0 (5,420) 0
Payments of deferred financing and offering costs 0 1,851 0
Net cash (used in) provided by financing activities (10,932) 247,765 182,937
Effect of exchange rate changes on cash and cash equivalents 140 (97) (497)
Net (decrease) increase in cash and cash equivalents (31,094) 191,411 24,884
Cash and cash equivalents at beginning of year 257,932 66,521 41,637
Cash and cash equivalents at end of year 226,838 257,932 66,521
Cash paid during the period for:      
Interest 1,046 10,368 1,607
Income taxes 12,939 7,351 17,004
Non-cash investing activity 2,623 0 0
Non-cash financing activity $ 0 $ 770 $ 0