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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 10,229 $ 26,489
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of deferred gain on sale-leaseback (191) (196)
Accretion of premiums on short-term investments (54) 0
Depreciation and amortization 8,463 6,347
Change in deferred tax assets, net (567) 5,745
Stock-based compensation expense 4,004 3,199
Loss on disposal of property and equipment 777 22
Other non-cash adjustments 40 0
Changes in operating assets and liabilities:    
Accounts receivable, net (8,303) 1,787
Inventories 17,188 (1,523)
Prepaid expenses and other current assets (1,003) (5,737)
Other non-current assets (302) (735)
Accounts payable 1,271 11,746
Accrued expenses and other liabilities (5,434) 121
Net cash provided by operating activities 26,118 47,265
Cash flows from investing activities:    
Purchases of property and equipment (3,882) (22,072)
Purchases of short-term investments 0 (74,871)
Maturities of short-term investments 73,500 25,500
Net cash provided by (used in) investing activities 69,618 (71,443)
Cash flows from financing activities:    
Proceeds from the exercise of stock options 256 325
Shares repurchased for tax withholdings on vesting of restricted stock units (1,926) (1,756)
Payments on capital lease obligations (1,780) (168)
Net cash used in financing activities (3,450) (1,599)
Effect of exchange rate on cash, cash equivalents and restricted cash (54) (1,522)
Net increase (decrease) in cash, cash equivalents and restricted cash 92,232 (27,299)
Cash, cash equivalents and restricted cash at beginning of period 245,688 219,987
Cash, cash equivalents and restricted cash at end of period 337,920 192,688
Supplemental disclosures of non-cash transactions:    
Unpaid property and equipment in accounts payable 5,722 5,934
Capital lease obligations incurred for purchases of property and equipment $ 206 $ 0