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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 28, 2024
Jun. 30, 2023
Jul. 01, 2022
Cash flows from operating activities:      
Net (loss) income $ (137,640) $ (28,335) $ 11,275
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization expense 88,030 97,329 93,417
Stock-based compensation expense 25,669 27,753 38,293
Stock-based matching contributions on defined contribution plan 15,853 15,665 0
Benefit for deferred income taxes (31,511) (59,647) (2,419)
Cash settlement for termination of interest rate swap 7,403   0
Provisions for bad debt 15,301 400 106
Other non-cash items 452 (1,146) (603)
Changes in operating assets and liabilities:      
Accounts receivable, unbilled receivables, and costs in excess of billings 76,458 (58,718) (146,477)
Inventory 130 (64,061) (40,902)
Prepaid income taxes 0 7,433 (4,977)
Prepaid expenses and other current assets (1,693) 2,942 (4,396)
Other non-current assets 148 3,769 6,117
Accounts payable, accrued expenses and accrued compensation 741 (16,732) 58,395
Deferred revenues and customer advances 17,307 40,701 (18,998)
Income taxes payable (11,217) 9,907 1,009
Other non-current liabilities (5,049) (4,509) (8,709)
Net cash provided by (used in) operating activities 60,382 (21,254) (18,869)
Cash flows from investing activities:      
Purchases of property and equipment (34,291) (38,796) (27,656)
Other investing activities 0 235 (3,200)
Acquisition of businesses, net of cash acquired 0 0 243,464
Net cash used in investing activities (34,291) (38,561) (274,320)
Cash flows from financing activities:      
Proceeds from employee stock plans 4,642 5,492 5,371
Payments for retirement of common stock (31) (63) (8,206)
Payments under credit facilities (25,000) (80,000) 0
Borrowings under credit facilities 105,000 140,000 251,500
Payments of deferred financing and offering costs (1,931) 0 (2,911)
Net cash provided by financing activities 82,680 65,429 245,754
Effect of exchange rate changes on cash and cash equivalents 187 295 (750)
Net increase (decrease) in cash and cash equivalents 108,958 5,909 (48,185)
Cash and cash equivalents at beginning of year 71,563 65,654 113,839
Cash and cash equivalents at end of year 180,521 71,563 65,654
Cash paid (received) during the period for:      
Interest 37,423 27,288 5,492
Income taxes (refunded) paid, net (9,315) 24,243 14,121
Non-cash investing activity: Purchases of property and equipment incurred but not yet paid $ 4,051 $ 6,475 $ 6,919