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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Cash flows from operating activities:    
Net income (loss) $ 111,318 $ (18,889)
Non-cash and other reconciling items:    
Depreciation 21,833 21,845
Amortization 5,210 20,117
Amortization of Operating Lease Assets 13,751 14,079
Deferred income taxes (3,259) 6,614
Stock-based compensation 9,178 4,961
Impairments   15,166
Other, net 2,603 10,898
Changes in (net of effects from businesses acquired and divested):    
Receivables (169,992) (7,116)
Inventories (73,971) (136,426)
Accounts payable 85,217 228,740
Accrued expenses and other, net (32,856) (37,545)
Net cash flows (used) provided by operating activities (30,968) 122,444
Cash flows from financing activities:    
Borrowings under accounts receivable securitization, net 59,300 166,900
Borrowings (repayments) under senior unsecured credit facility, net 118,716 (234,190)
Borrowings (repayments) under bank credit facilities and other debt, net (734) (545)
Repurchases of common stock (9,566)  
Dividends paid on common stock (23,893) (20,756)
Other, net (1,337) 281
Net cash flows provided (used) by financing activities 142,486 (88,310)
Cash flows from investing activities:    
Purchases of property, plant and equipment (12,025) (19,998)
Acquisitions of assets and businesses   (18,700)
Other, net 318 753
Net cash flows used for investing activities (11,707) (37,945)
Effect on currency exchange rate changes on cash and cash equivalents (401) 9,829
Cash and cash equivalents:    
Increase 99,410 6,018
Cash and cash equivalents at beginning of year 199,691 477,038
Cash and cash equivalents at end of year $ 299,101 $ 483,056