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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net cash flows from operating activities:    
Net income/(loss) $ (15,221) $ 7,564
Adjustments to reconcile net income/(loss) to net cash (used in)/provided by operating activities:    
Depreciation and amortization 15,635 11,382
Amortization of financing fees 247 398
Loss on disposal of assets 1 521
Gain on sale-leaseback (555)  
Share-based compensation 3,224 1,869
Construction allowances from landlords 1,419  
Change in operating assets and liabilities:    
Inventories (25,970) (44,846)
Prepaid and other current assets (427) 277
Accounts payable (12,841) 15,709
Accrued liabilities 937 6,165
Deferred rent 2,666 2,260
Other non-current liabilities (338) 1,015
Income taxes payable 105 240
Net cash (used in)/provided by operating activities (31,118) 2,554
Net cash flows from investing activities:    
Proceeds from sale of assets 93 35
Purchase of intellectual property (4) (1,318)
Capital expenditures (27,359) (30,036)
Net cash used in investing activities (27,270) (31,319)
Net cash flows from financing activities:    
Repayments under revolving credit facility (111,200)  
Proceeds under revolving credit facility 152,200  
Change in cash overdraft 7,000  
Payment of financing fees   (883)
Purchase of treasury stock (23) (76)
Proceeds from the exercise of employee stock options 8  
Net cash provided by/(used in) financing activities 47,985 (959)
Net decrease in cash and cash equivalents (10,403) (29,724)
Cash and cash equivalents, beginning of period 14,150 44,788
Cash and cash equivalents, end of period $ 3,747 $ 15,064