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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:      
Net income/(loss) $ (32,542) $ 3,713 $ 10,385
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:      
Depreciation and amortization 21,349 16,010 12,426
Amortization of financing costs 326 462 595
Loss on disposal of assets 79 700 1,109
Gain on sale-leaseback transaction (741) (2,515)  
Share-based compensation 4,184 3,115 5,362
Construction allowances from landlords 2,566    
Deferred income taxes 31 11  
Change in operating assets and liabilities:      
Inventories 20,339 (32,043) (2,050)
Prepaid and other current assets (1,138) 633 (1,145)
Accounts payable (16,337) 6,611 (12,042)
Accrued liabilities (2,047) 6,653 (5,253)
Deferred rent 4,964 2,805 351
Other liabilities—non-current (648) 2,268  
Income taxes payable 19 (10) (53)
Net cash provided by operating activities 404 8,413 9,685
Cash flows from investing activities:      
Capital expenditures (41,682) (45,545) (15,541)
Proceeds from sale-leaseback transaction   8,797  
Purchase of intellectual property (5) (1,318)  
Proceeds from sale of assets 127 41 47
Net cash used in investing activities (41,560) (38,025) (15,494)
Cash flows from financing activities:      
Proceeds under revolving credit facility 176,500   6,000
Repayments under revolving credit facility (146,000)   (6,000)
Change in cash overdraft 2,810    
Proceeds from the exercise of employee stock options 8 5 1,104
Payments on capital leases (26)    
Purchase of treasury stock (23) (128) (143)
Payment of financing costs   (903) (50)
Net cash provided by/(used in) financing activities 33,269 (1,026) 911
Net decrease in cash and cash equivalents (7,887) (30,638) (4,898)
Cash and cash equivalents, beginning of period 14,150 44,788 49,686
Cash and cash equivalents, end of period 6,263 14,150 44,788
Supplemental cash flow information:      
Interest paid 1,113 541 800
Income taxes paid 310 $ 256 $ 162
Capital lease obligation incurred $ 817