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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 29, 2024
Oct. 01, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,748 $ 4,455
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 3,662 4,385
Foreign currency transaction gain (1,005) (226)
Unrealized loss on peso forward contracts 652 0
Stock-based compensation expense 188 505
Equity loss of joint ventures 0 265
Loss on settlement of pension obligation 283 0
Change in operating assets and liabilities:    
Receivables (3,189) 2,333
Inventories (2,145) (3,770)
Other assets 5,881 (7,665)
Accounts payable and accrued liabilities 2,998 (4,054)
Other, net 264 (100)
Net cash provided by (used in) operating activities 11,337 (3,872)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sale of interest in joint ventures 0 2,000
Purchase of property, plant and equipment (2,073) (2,920)
Net cash used in investing activities (2,073) (920)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under credit facilities 3,000 2,000
Repayment of borrowings under credit facilities (3,000) (2,000)
Exercise of stock options and employee stock purchases 13 17
Net cash provided by financing activities 13 17
Foreign currency impact on cash (284) (131)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 8,993 (4,906)
CASH AND CASH EQUIVALENTS    
Beginning of period 25,410 20,571
End of period 34,403 15,665
Cash paid during the period for:    
Income taxes 4,081 764
Interest 280 218
Non-cash investing activities:    
Change in capital expenditures in accounts payable $ (506) $ (193)