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ACCRUED LIABILITIES AND OTHER
 12 Months Ended
Jun. 27, 2015
Payables And Accruals [Abstract]  
ACCRUED LIABILITIES AND OTHER

NOTE G.  ACCRUED LIABILITIES AND OTHER

The components of accrued liabilities and other are as follows (in thousands):

 

 

 

June 27,

2015

 

 

June 28,

2014

 

Accrued compensation

 

$

3,137

 

 

$

2,735

 

Accrued services

 

 

3,285

 

 

 

3,839

 

Subsidiary short-term debt

 

 

1,611

 

 

 

1,608

 

Deferred consideration

 

 

-

 

 

 

567

 

Other

 

 

948

 

 

 

961

 

 

 

$

8,981

 

 

$

9,710

 

 

In July 2013, the Company obtained short-term financing from Bank of China Limited.  The financing provided for borrowings up to ¥10 million ($1.6 million) at an interest rate of 6.6%, with interest payable quarterly.  In Q1 of fiscal 2015, this short term financing was repaid with cash on hand.  In December 2014, the Company entered into a new short-term financing from Bank of China Limited.  The financing provides for borrowing up to ¥10 million ($1.6 million) at an interest rate of 6.5%, with interest payable monthly. The short-term financing is due in December 2015.