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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Operating activities:    
Net income (loss) $ 3,286 $ (8,799)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Goodwill and intangible assets impairment 0 12,448
Depreciation and amortization 3,996 5,520
Amortization of deferred loan costs 22 22
Provision for obsolete inventory 76 70
Provision for warranty 125 67
Provision for doubtful accounts 551 58
Loss on disposal of assets 207 0
Share-based compensation expense 200 354
Deferred income taxes (525) (936)
Changes in operating assets and liabilities:    
Trade receivables (19,456) 5,534
Contract assets 4,480 (8,232)
Cash received from arbitration settlement 0 6,684
Inventories (13,697) 3,639
Other assets (9,068) (3,648)
Accounts payable (1,679) (7,439)
Accrued compensation and vacation (57) (1,769)
Other liabilities (522) (185)
Cash (used in) provided by operating activities (32,061) 3,388
Investing activities:    
Purchase of property and equipment (5,921) (5,841)
Proceeds from sale of fixed assets 696 17
Cash receipts from deferred purchase price of factored receivables 4,350 4,768
Cash used in investing activities (875) (1,056)
Financing activities:    
Payment of financing costs (7) (11)
Proceeds from issuance of long term debt 5,000 0
Repayments of long term debt (5,236) (4,403)
Borrowings under revolving credit agreement 148,303 140,047
Repayments of revolving credit agreement 114,423 138,143
Cash provided by (used in) financing activities 33,637 (2,510)
Net increase (decrease) in cash and cash equivalents 701 (178)
Cash and cash equivalents, beginning of period 601 343
Cash and cash equivalents, end of period 1,302  
Noncash investing and financing items:    
Beneficial interest in transferred receivables (5) (2,083)
Supplemental cash flow information:    
Interest payments 1,990 2,108
Income tax payments (refunds), net of refunds $ 426 $ (384)