v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Jun. 28, 2024
Operating Activities      
Net income $ 2,539 $ 1,341 $ 10,760
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of property, plant and equipment 3,256 5,338 3,991
Amortization of intangible assets 2,862 2,707 1,002
Provision for uncollectible receivables 2,357 1,729 1,300
Share-based compensation 6,202 7,067 7,341
Deferred taxes 4,153 182 3,625
Inventory write-downs 2,732 2,430 3,952
Non-cash lease expense 1,197 1,518 948
Other non-cash operating activities, net 199 252 169
Changes in operating assets and liabilities:      
Accounts receivable (14,219) (28,968) (9,266)
Unbilled receivables 26,817 (15,277) (34,856)
Inventories 11,941 (24,363) 1,589
Accounts payable (26,380) 49,931 16,551
Accrued expenses (7,672) (7,328) 15,094
Advance payments and unearned revenue (14,162) 15,646 11,814
Income taxes payable 5,145 2,164 1,445
Other assets and liabilities 6,591 (8,648) (4,919)
Net cash provided by operating activities 13,558 5,721 30,540
Investing Activities      
Purchases of property, plant and equipment (7,468) (12,970) (2,675)
Purchases of marketable securities (1,663) 0 (925)
Proceeds from sale of marketable securities 1,801 0 538
Proceeds from sale of assets held for sale 0 2,589 0
Acquisitions, net of cash acquired 0 (18,150) (32,161)
Net cash used in investing activities (7,330) (28,531) (35,223)
Financing Activities      
Proceeds from revolver 100,000 95,000 33,200
Repayments of revolver (105,000) (80,000) (33,200)
Proceeds from term loan 20,000 75,000 50,000
Repayments of term loan (5,547) (50,625) (1,250)
Payments of deferred financing costs (204) (529) (79)
Payments of deferred consideration for acquisitions 0 (18,552) 0
Payments for repurchase of common stock — treasury shares (2,668) (597) (332)
Payments for taxes related to net settlement of equity awards (822) (1,245) (696)
Proceeds from issuance of common stock under employee stock plans 584 228 1,058
Net cash provided by financing activities 6,343 18,680 48,701
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 125 1,209 (1,605)
Net increase (decrease) in cash, cash equivalents and restricted cash 12,696 (2,921) 42,413
Cash, cash equivalents, and restricted cash, beginning of year 62,013 64,934 22,521
Cash, cash equivalents, and restricted cash, end of year 74,709 62,013 64,934
Non-cash investing and financing activities:      
Unpaid property, plant and equipment 798 3,686 3,574
Common stock issued in connection with acquisition 0 0 22,331
Supplemental disclosures of cash flow information:      
Cash paid for interest 8,443 6,681 2,517
Cash paid for income taxes, net $ 4,340 $ 1,722 $ 808