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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jan. 01, 2023
Dec. 26, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ (2,578) $ 4,056
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation 8,798 9,968
Foreign currency transaction loss (gain) 585 (243)
Unrealized loss on peso forward contracts 23 224
Stock-based compensation expense 874 634
Equity earnings of joint ventures (1,115) (364)
Change in operating assets and liabilities:    
Receivables 2,702 (2,644)
Inventories 12,631 (2,383)
Other assets (11,177) 1,365
Accounts payable and accrued liabilities (2,258) (10,928)
Other, net 250 333
Net cash provided by operating activities 8,735 18
CASH FLOWS FROM INVESTING ACTIVITIES:    
Investment in joint ventures (104)  
Purchase of property, plant and equipment (9,477) (5,362)
Proceeds received on sale of property, plant and equipment 4  
Net cash used in investing activities (9,577) (5,362)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under credit facilities 9,000 8,000
Repayment of borrowings under credit facilities (3,000) (3,000)
Dividends paid to non-controlling interests of subsidiaries (600) (600)
Exercise of stock options and employee stock purchases 146 639
Net cash provided by financing activities 5,546 5,039
Foreign currency impact on cash 100 (89)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 4,804 (394)
CASH AND CASH EQUIVALENTS    
Beginning of period 8,774 14,465
End of period 13,578 14,071
Cash paid (recovered) during the period for:    
Income taxes 946 (2,031)
Interest 244 100
Non-cash investing activities:    
Change in capital expenditures in accounts payable $ (553) $ 624