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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jul. 02, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 16,428 $ (8,949)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Equity loss (earnings) of joint ventures 331 (1,559)
Depreciation 16,547 17,485
Foreign currency transaction (gain) loss (2,153) 2,935
Loss on settlement of pension obligation 0 217
Deferred income taxes (4,711) (4,937)
Stock-based compensation expense 1,467 1,466
Change in operating assets and liabilities:    
Receivables (9,356) (13,696)
Inventories (4,052) 2,885
Other assets (13,562) (10,483)
Accounts payable and accrued liabilities 10,738 23,964
Other, net 588 767
Net cash provided by operating activities 12,265 10,095
CASH FLOWS FROM INVESTING ACTIVITIES    
Investment in joint ventures 0 (278)
Proceeds from Sale of interest in VAST LLC 2,000 26,170
Purchase of net assets 0 354
Additions to property, plant and equipment (9,788) (17,370)
Proceeds received on sale of property, plant and equipment 0 25
Net cash (used in) provided by investing activities (7,788) 8,901
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings under credit facilities 2,000 17,000
Repayments under credit facilities (2,000) (15,000)
Purchase of SPA non-controlling interest 0 (9,019)
Exercise of stock options and employee stock purchases 72 183
Dividends paid to non-controlling interests of subsidiaries 0 (600)
Net cash provided by (used in) financing activities 72 (7,436)
FOREIGN CURRENCY IMPACT ON CASH 290 237
NET INCREASE IN CASH AND CASH EQUIVALENTS 4,839 11,797
CASH AND CASH EQUIVALENTS    
Beginning of year 20,571 8,774
End of year 25,410 20,571
Cash Paid During the Period For:    
Income taxes 3,801 2,759
Interest 888 890
Non-Cash Investing Activities:    
Purchase price receivable from sale of interest in VAST LLC 0 (2,000)
Change in capital expenditures in accounts payable $ 171 $ (1,437)