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DISCONTINUED OPERATIONS (Tables)
9 Months Ended
Mar. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Summarizes the operating results of discontinued operations

The following table summarizes the operating results of discontinued operations for the following periods:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

March 30,

 

 

March 31,

 

 

March 30,

 

 

March 31,

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

NET SALES

$

1,557

 

 

$

11,731

 

 

$

8,756

 

 

$

31,411

 

COST OF SALES

 

1,541

 

 

 

12,972

 

 

 

12,827

 

 

 

35,723

 

GROSS PROFIT (LOSS)

 

16

 

 

 

(1,241

)

 

 

(4,071

)

 

 

(4,312

)

OPERATING EXPENSES:

 

 

 

 

 

 

 

 

 

 

 

Selling, general and administrative

 

169

 

 

 

1,618

 

 

 

2,571

 

 

 

5,647

 

Total operating expenses

 

169

 

 

 

1,618

 

 

 

2,571

 

 

 

5,647

 

OPERATING LOSS

 

(153

)

 

 

(2,859

)

 

 

(6,642

)

 

 

(9,959

)

Gain on sale of discontinued operations

 

5

 

 

 

 

 

 

1,881

 

 

 

157

 

LOSS BEFORE INCOME TAX BENEFIT

 

(148

)

 

 

(2,859

)

 

 

(4,761

)

 

 

(9,802

)

INCOME TAX BENEFIT

 

70

 

 

 

887

 

 

 

844

 

 

 

2,700

 

LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX

$

(78

)

 

$

(1,972

)

 

$

(3,917

)

 

$

(7,102

)

Schedule of assets and liabilities associated with discontinued operations

The following table summarizes the assets and liabilities associated with discontinued operations:

 

June 30,

 

 

2024

 

CURRENT ASSETS:

 

 

Accounts receivable, net of allowance

$

3,927

 

Inventories, net

 

7,295

 

Total current assets classified as discontinued operations

$

11,222

 

 

 

 

NON-CURRENT ASSETS:

 

 

Property, plant and equipment, net

$

21,499

 

Other long-term assets

 

181

 

Total non-current assets classified as discontinued operations

$

21,680

 

 

 

 

CURRENT LIABILITIES:

 

 

Accounts payable

$

1,747

 

Accrued expenses and other current liabilities

 

6,316

 

Total current liabilities classified as discontinued operations

$

8,063

 

 

 

 

LONG-TERM LIABILITIES:

 

 

Long-term leases

$

182

 

Total long-term liabilities classified as discontinued operations

$

182