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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Jun. 28, 2014
Cash flows from operating activities:      
Net income (loss) $ 8,580 $ (56,692) $ 17,819
Adjustments to reconcile net income (loss) to net cash provide by (used in) operating activities:      
Amortization of deferred gain on sale-leasebacks (842) (914) (2,134)
Amortization and write-off of debt discount and issuance costs 812 305 4,293
Depreciation and amortization 16,755 18,613 26,383
Flood-related non-cash losses 0 0 2,011
Adjustment to the hold-backs related to the sales of the Zurich and Amplifier Businesses 0 7,650 0
(Gain) loss on sale of property and equipment 32 (83) 665
Impairment of goodwill, other intangible assets and long-lived assets 0 0 584
Stock-based compensation expense 8,201 6,164 6,243
Other adjustments 0 161 365
Changes in operating assets and liabilities, net of acquired businesses:      
Accounts receivable, net (23,409) 138 26,547
Inventories (11,008) (5,308) 15,517
Prepaid expenses and other current assets (2,383) 7,996 (6,987)
Other non-current assets 98 (267) 1,509
Accounts payable 9,455 (4,873) (27,179)
Accrued expenses and other liabilities (24) (10,828) (14,657)
Net cash provided by (used in) operating activities 6,267 (46,253) (81,184)
Cash flows from investing activities:      
Purchases of property and equipment (27,750) (18,084) (8,756)
Proceeds from sale of assets 0 0 2,120
Proceeds from sale of investments 0 141 0
Transfer (to) from restricted cash, net of acquired businesses 2,418 1,793 (2,309)
Net cash provided by (used in) investing activities (25,332) 847 169,200
Cash flows from financing activities:      
Proceeds from issuance of common stock, net 286 42 (46)
Shares repurchased for tax withholdings on vesting of restricted stock units (1,641) 0 0
Proceeds from the sale of convertible notes, net 0 60,941 0
Payments on capital lease obligations (3,151) (4,153) (7,073)
Repayments on borrowings under credit line, convertible notes payable and term loan 0 0 (64,964)
Net cash provided by (used in) financing activities (4,506) 56,830 (72,083)
Effect of exchange rate on cash and cash equivalents 7,660 1,443 (1,595)
Net increase (decrease) in cash and cash equivalents (15,911) 12,867 14,338
Cash and cash equivalents at beginning of fiscal year 111,840 98,973 84,635
Cash and cash equivalents at end of fiscal year 95,929 111,840 98,973
Supplemental disclosures of cash flow information:      
Cash paid for interest 3,936 123 10,437
Cash paid for income taxes 334 507 2,571
Supplemental disclosures of non-cash transactions:      
Issuance of common stock in connection with exercise of convertible notes 0 0 23,050
Purchases of property and equipment funded by accounts payable 8,176 0 0
Capital lease obligations incurred for purchases of property and equipment 2,390 0 0
Komoro      
Adjustments to reconcile net income (loss) to net cash provide by (used in) operating activities:      
Gain on sale of business 0 (8,315) 0
Cash flows from investing activities:      
Proceeds from sale of business 0 14,647 0
Zurich      
Adjustments to reconcile net income (loss) to net cash provide by (used in) operating activities:      
Gain on sale of business 0 0 (63,240)
Adjustment to the hold-backs related to the sales of the Zurich and Amplifier Businesses   4,600  
Cash flows from investing activities:      
Proceeds from sale of business 0 1,410 93,545
Amplifier      
Adjustments to reconcile net income (loss) to net cash provide by (used in) operating activities:      
Gain on sale of business 0 0 (68,923)
Adjustment to the hold-backs related to the sales of the Zurich and Amplifier Businesses   3,100  
Cash flows from investing activities:      
Proceeds from sale of business $ 0 $ 940 $ 84,600