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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 02, 2016
Jun. 30, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 212 $ 73
Accounts receivable — net of allowances of $93 and $65, respectively 4,943 2,966
Income tax receivable 253 5
Inventories 12,596 13,268
Prepaid expenses and other current assets 2,678 1,780
Total current assets 20,682 18,092
Property, plant and equipment - net 13,511 13,826
Intangible assets - net 16,723 16,750
Goodwill 29,593 29,593
Deferred debt issuance costs - net 571 601
Deferred income taxes 2,271 3,501
Other 170 170
Total assets 83,521 82,533
CURRENT LIABILITIES    
Accounts payable 12,993 13,112
Income tax payable 248 1,108
Accrued expenses and other current liabilities 21,592 22,276
Current portion of long term debt, net of unamortized debt issuance costs 4,766 7,885
Total current liabilities 39,599 44,381
Long-term debt, net of unamortized debt issuance costs 43,149 44,342
Unrecognized tax positions 2,304 2,189
Total liabilities 85,052 90,912
COMMITMENTS AND CONTINGENCIES (Note 13)
STOCKHOLDERS' DEFICIT:    
Common stock, $.01 par value per share — authorized, 100,000,000 shares; issued and outstanding, 18,630,969 shares at October 2, 2016 and 18,591,808 shares at June 30, 2016 186 186
Additional paid-in capital 112,240 112,375
Accumulated deficit (113,957) (120,940)
Total stockholders' deficit (1,531) (8,379)
Total liabilities and stockholders' deficit $ 83,521 $ 82,533