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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 27, 2015
Jun. 30, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 15,641 $ 1,167
Accounts receivable — net of allowances of $74 and $92, respectively 1,753 2,653
Income tax receivable 474  
Inventories, net 11,286 11,541
Prepaid expenses and other current assets 5,480 7,235
Deferred income taxes 8,331 6,733
Total current assets 42,965 29,329
Property, plant and equipment - net 13,188 13,233
Intangible assets - net 16,860 16,971
Goodwill 29,593 29,593
Deferred debt issuance costs - net 371 425
Other 125 125
Total assets 103,102 89,676
CURRENT LIABILITIES    
Accounts payable 9,509 14,808
Income tax payable   224
Accrued expenses and other current liabilities 20,580 21,313
Common stock warrant liability (in dollars) 258 9,147
Current portion of long term debt   18,275
Total current liabilities 30,347 63,767
OTHER LIABILITIES:    
Long-term debt   60,487
Unrecognized tax positions 1,519 519
Deferred income taxes 6,661 7,156
Total liabilities $ 38,527 $ 131,929
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY (DEFICIT):    
Common stock, $.01 par value per share — authorized, 100,000,000 shares; issued and outstanding, 17,999,244 shares at December 27, 2015 and 11,139,000 shares at June 30, 2015 $ 180 $ 111
Additional paid-in capital 115,053 8,841
Accumulated deficit (50,658) (51,205)
Total stockholders' equity (deficit) 64,575 (42,253)
Total liabilities and stockholders' equity (deficit) $ 103,102 $ 89,676