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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Operating activities:    
Net income $ 3,320 $ 2,604
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 3,430 3,034
Excess tax benefit from share-based compensation 0 402
Provision for obsolete inventory 306 515
Provision for warranty 63 40
Recovery of doubtful accounts (1) (19)
Loss on disposal of assets 109 0
Share-based compensation expense 355 426
Deferred income taxes (900) (2,227)
Changes in operating assets and liabilities:    
Trade receivables (4,765) 12,031
Inventories 8,594 (6,830)
Other assets 836 (756)
Accounts payable (7,789) (4,689)
Accrued compensation and vacation (1,876) (2,085)
Other liabilities 1,448 1,665
Cash provided by operating activities 3,130 3,307
Investing activities:    
Purchase of property and equipment (4,936) (7,544)
Proceeds from sale of fixed assets 101 6,183
Cash used in investing activities (4,835) (1,361)
Financing activities:    
Payment of financing costs (193) (56)
Proceeds from Issuance of Long-term Debt (3,919) 0
Repayments of long term debt (2,500) (2,500)
Borrowings under revolving credit agreement 79,260 101,397
Repayments of revolving credit agreement (78,403) (100,368)
Excess tax benefit from share-based compensation 0 402
Shares withheld for taxes (116) 0
Cash provided by (used in) financing activities 1,967 (1,125)
Net increase cash and cash equivalents 262 821
Cash and cash equivalents, beginning of period 1,018 372
Cash and cash equivalents, end of period 1,280 1,193
Supplemental cash flow information:    
Interest payments 1,127 1,032
Income tax payments, net of refunds $ 418 $ 836