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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Operating activities:    
Net income (loss) $ 3,182 $ 208
Adjustments to reconcile net income to cash provided by (used in) operating activities:    
Depreciation and amortization 3,767 3,889
Amortization of deferred loan costs 15 15
Provision for obsolete inventory 58 26
Provision for warranty 16 21
Recovery of doubtful accounts 0 (84)
Loss on disposal of assets 0 11
Share-based compensation expense 274 251
Deferred income taxes (131) (372)
Changes in operating assets and liabilities:    
Trade receivables (10,787) 5,515
Contract assets (7,212) 0
Cash received from arbitration settlement 6,684 0
Inventories 7,432 (7,309)
Other assets (4,963) (4,803)
Accounts payable (3,104) 8,459
Accrued compensation and vacation (350) (3,523)
Other liabilities 23 990
Cash (used in) provided by operating activities (5,096) 3,294
Investing activities:    
Purchase of property and equipment (3,586) (2,155)
Proceeds from sale of fixed assets 17 982
Cash receipts from deferred purchase price of factored receivables 3,302 3,606
Cash (used in) provided by investing activities (267) 2,433
Financing activities:    
Payment of financing costs (8) (12)
Repayments of long term debt (2,936) (2,936)
Borrowings under revolving credit agreement 94,468 91,707
Repayments of revolving credit agreement (86,312) (94,409)
Cash provided by (used in) financing activities 5,212 (5,650)
Net (decrease) increase in cash and cash equivalents (151) 77
Cash and cash equivalents, beginning of period 343  
Cash and cash equivalents, end of period 192  
Noncash investing and financing items:    
Beneficial interest in transferred receivables (2,117) (2,325)
Supplemental cash flow information:    
Interest payments 1,332 1,202
Income tax payments (refunds), net of refunds $ (50) $ 516