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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2019
Apr. 01, 2018
Operating activities:    
Net income $ 43,071 $ 49,014
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 22,840 24,646
Amortization of deferred financing costs 671 721
Deferred income taxes 811 (13,004)
Bad debt expense 1,018 906
Stock-based compensation 4,531 3,002
Other non-cash items (301) 249
Changes in operating items:    
Trade receivables (7,249) (9,347)
Inventories 14,448 6,956
Prepaid and other 2,675 (45)
Accounts payable and accrued expenses 14,741 1,453
Other assets (349) (88)
Other liabilities 98 110
Net cash provided by operating activities 97,005 64,573
Investing activities:    
Working capital adjustment related to sale of business (8,500)
Capital expenditures, net of non-cash expenditures (16,845) (15,809)
Net cash used in investing activities (16,845) (24,309)
Financing activities:    
Acquisition of treasury stock (14,765) (12,075)
Proceeds from exercise of employee stock options 929 179
Proceeds from bank borrowings 30,000 30,000
Repayment of bank borrowings (37,187) (35,031)
Net cash used in financing activities (21,023) (16,927)
Net change in cash and cash equivalents 59,137 23,337
Cash and cash equivalents:    
Beginning of period 147,240 149,732
End of period $ 206,377 $ 173,069