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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Operating activities:    
Net income $ 4,387 $ 1,964
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 4,556 4,376
Excess tax benefit from share-based compensation (402) (50)
Provision for obsolete inventory 754 254
Provision for warranty 86 48
Provision for doubtful accounts 2 111
Gain on disposal of assets 0 (4)
Share-based compensation expense 630 540
Deferred income taxes (2,624) (904)
Changes in operating assets and liabilities, net of acquisition:    
Trade receivables 17,250 1,068
Inventories (16,399) (808)
Other assets (2,712) (5,591)
Accounts payable (5,316) 6,748
Accrued compensation and vacation (1,530) (2,093)
Other liabilities 1,550 1,338
Cash provided by operating activities 232 6,997
Investing activities:    
Payment for acquisition, net of cash acquired 0 (47,964)
Purchase of property and equipment (10,020) (7,147)
Proceeds from sale of fixed assets 6,183 6,469
Cash used in investing activities (3,837) (48,642)
Financing activities:    
Payment of financing costs (56) (44)
Proceeds from issuance of long term debt 0 35,000
Repayments of long term debt (3,750) (2,500)
Borrowings under revolving credit agreement 153,835 99,379
Repayments of revolving credit agreement (146,923) (87,893)
Proceeds from accounts receivable purchase agreement 0 1,147
Payments towards accounts receivable purchase agreement 0 (8,969)
Excess tax benefit from share-based compensation 402 50
Proceeds from exercise of stock options 0 17
Cash provided by financing activities 3,508 36,187
Net decrease in cash and cash equivalents (97) (5,458)
Cash and cash equivalents, beginning of period 372 5,803
Cash and cash equivalents, end of period 275 345
Supplemental cash flow information:    
Interest payments 1,713 934
Income tax payments, net of refunds $ 1,278 $ 3,084