Sparton (SPA) 10-K 6 Sep 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Aug. 31, 2016	Dec. 24, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	SPARTON CORP
Entity Central Index Key	92,679
Current Fiscal Year End Date	--07-03
Entity Filer Category	Accelerated Filer
Document Type	10-K
Document Period End Date	Jul. 3, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		9,839,398
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 204,065

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Current Assets:
Cash and cash equivalents	$ 132	$ 14,914
Accounts receivable, net of allowance for doubtful accounts of $407 and $173, respectively	46,759	70,974
Inventories and cost of contracts in progress, net	77,871	79,503
Prepaid expenses and other current assets	5,844	5,488
Total current assets	130,606	170,879
Property, plant and equipment, net	33,320	32,608
Goodwill	12,663	74,175
Other intangible assets, net	36,933	45,825
Deferred income taxes	25,784	6,913
Other non-current assets	6,692	7,151
Total assets	245,998	337,551
Current Liabilities:
Accounts payable	38,290	29,948
Accrued salaries and wages	10,609	9,089
Accrued health benefits	903	1,510
Performance based payments on customer contracts	0	1,756
Current portion of capital lease obligations	217	0
Other accrued expenses	12,420	16,328
Total current liabilities	62,439	58,631
Credit facility	97,206	154,500
Capital lease obligations, less current portion	332	0
Environmental remediation	6,117	7,117
Pension liability	1,276	424
Total liabilities	167,370	220,672
Commitments and contingencies
Shareholders’ Equity:
Preferred stock, no par value; 200,000 shares authorized; none issued	0	0
Common stock, $1.25 par value; 15,000,000 shares authorized, 9,845,469 and 9,886,618 shares issued and outstanding, respectively	12,307	12,358
Capital in excess of par value	16,407	16,045
Retained earnings	51,650	89,933
Accumulated other comprehensive loss	(1,736)	(1,457)
Total shareholders’ equity	78,628	116,879
Total liabilities and shareholders’ equity	$ 245,998	$ 337,551

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 407	$ 173
Preferred stock, no par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized	200,000	200,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 1.25	$ 1.25
Common stock, shares authorized	15,000,000	15,000,000
Common stock, shares issued	9,845,469	9,886,618
Common stock, shares outstanding	9,845,469	9,886,618

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 419,362	$ 382,125	$ 336,501
Cost of goods sold	339,214	307,311	271,551
Gross profit	80,148	74,814	64,950
Operating expense:
Selling and administrative expenses	55,151	46,969	35,682
Internal research and development expenses	2,344	1,502	1,169
Amortization of intangible assets	9,592	6,591	3,422
Restructuring charges	2,206	0	188
Reversal of accrued contingent consideration	(1,530)	0	0
Impairment of goodwill	64,174	0	0
Legal settlement	0	2,500	0
Environmental remediation	0	0	4,238
Total operating expense	131,937	57,562	44,699
Operating (loss) income	(51,789)	17,252	20,251
Other income (expense):
Interest expense	(3,803)	(2,456)	(838)
Other, net	93	159	189
Total other expense, net	(3,710)	(2,297)	(649)
(Loss) income before income taxes	(55,499)	14,955	19,602
Income taxes	(17,216)	3,966	6,615
Net (loss) income	$ (38,283)	$ 10,989	$ 12,987
(Loss) income per share of common stock:
Income per share of common stock: Basic (in dollars per share)	$ (3.91)	$ 1.10	$ 1.28
Income per share of common stock: Diluted (in dollars per share)	$ (3.91)	$ 1.10	$ 1.28
Weighted average shares of common stock outstanding:
Weighted average shares outstanding - Basic (in shares)	9,786,315	9,874,441	10,109,915
Weighted average shares outstanding - Diluted (in shares)	9,786,315	9,885,961	10,141,395

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (38,283)	$ 10,989	$ 12,987
Other comprehensive (loss) income, net:
Pension experience (loss) gain, net of tax benefit	100	(458)	152
Pension amortization of unrecognized net actuarial loss, net of tax	(682)	54	81
Pension pro rata recognition of lump-sum settlements, net of tax	218	0	54
Unrecognized gain (loss) on marketable equity securities, net of tax	85	(85)	0
Other comprehensive (loss) income, net	(279)	(489)	287
Comprehensive (loss) income	$ (38,562)	$ 10,500	$ 13,274

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities:
Net (loss) income	$ (38,283)	$ 10,989	$ 12,987
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation	6,083	4,645	4,700
Amortization of intangible assets	9,592	6,591	3,422
Deferred income taxes	(18,562)	(873)	(976)
Stock-based compensation expense	289	1,885	1,662
Loss on sale of property, plant and equipment, net	56	0	0
Loss on sale of securities available for sale	129	0	0
Impairment of goodwill	64,174	0	0
Reversal of accrued contingent consideration	(1,530)	0	0
Excess tax benefit from stock-based compensation	(162)	(1,044)	(522)
Amortization of deferred financing costs	298	1,169	203
Legal settlement	0	2,500	0
Environmental remediation	0	0	4,238
Gross profit effect of capitalized profit in inventory from acquisition	0	299	337
Changes in operating assets and liabilities, net of business acquisitions:
Accounts receivable	23,829	(7,040)	4,886
Inventories and cost of contracts in progress	(3,419)	501	1,484
Prepaid expenses and other assets	(609)	(2,319)	463
Performance based payments on customer contracts	(1,756)	(1,440)	(17,706)
Accounts payable and accrued expenses	8,003	(11,326)	(2,727)
Net cash provided by operating activities	48,132	4,537	12,451
Cash Flows from Investing Activities:
Acquisition of businesses, net of cash acquired	178	(97,319)	(35,560)
Proceeds from sale of securities available for sale	857	0	0
Purchases of property, plant and equipment	(6,098)	(5,802)	(3,501)
Proceeds from sale of property, plant and equipment	221	0	69
Purchase of securities available for sale	0	(986)	0
Net cash used in investing activities	(4,842)	(104,107)	(38,992)
Cash Flows from Financing Activities:
Borrowings from credit facility	128,050	215,835	70,000
Repayments against credit facility	(185,344)	(102,335)	(40,623)
Payment of debt financing costs	(692)	(1,423)	0
Repurchase of stock	(140)	(6,830)	(1,559)
Payments under capital lease agreements	(108)	0	0
Excess tax benefit from stock-based compensation	162	1,044	522
Proceeds from the exercise of stock options	0	165	144
Net cash (used in) provided by financing activities	(58,072)	106,456	28,484
Net (decrease) increase in cash and cash equivalents	(14,782)	6,886	1,943
Cash and cash equivalents at beginning of year	14,914	8,028	6,085
Cash and cash equivalents at end of year	132	14,914	8,028
Supplemental disclosure of cash flow information:
Cash paid for interest	3,506	1,747	631
Cash paid for income taxes	766	7,190	7,065
Machinery and equipment financed under capital leases	656	0	0
Supplemental disclosure of non-cash investing activities:
Adjustments to acquired companies' opening balance sheets	$ 3,412	$ 603	$ 252

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Capital In Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning balance at Jun. 30, 2013	$ 96,072	$ 12,619	$ 18,751	$ 65,957	$ (1,255)
Beginning balance (in shares) at Jun. 30, 2013		10,095,716
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock		$ (121)	(121)
Issuance of stock (in shares)		96,664
Forfeiture of restricted stock		$ (4)	(4)
Forfeiture of restricted stock (in shares)		(3,344)
Repurchase of stock	(1,559)	$ (96)	(1,463)
Repurchase of stock (in shares)		(76,880)
Exercise of stock options	144	$ 21	123
Exercise of stock options (in shares)		16,875
Stock-based compensation	1,662		1,662
Excess tax benefit from stock-based compensation	522		522
Comprehensive income, net of tax	13,274			12,987	287
Ending balance at Jun. 30, 2014	110,115	$ 12,661	19,478	78,944	(968)
Ending balance (in shares) at Jun. 30, 2014		10,129,031
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock		$ (34)	(34)
Issuance of stock (in shares)		26,793
Forfeiture of restricted stock		$ (49)	(49)
Forfeiture of restricted stock (in shares)		(39,031)
Repurchase of stock	(6,830)	$ (312)	(6,518)
Repurchase of stock (in shares)		(249,420)
Exercise of stock options	$ 165	$ 24	141
Exercise of stock options (in shares)	19,247	19,245
Stock-based compensation	$ 1,885		1,885
Excess tax benefit from stock-based compensation	1,044		1,044
Comprehensive income, net of tax	10,500			10,989	(489)
Ending balance at Jun. 30, 2015	$ 116,879	$ 12,358	16,045	89,933	(1,457)
Ending balance (in shares) at Jun. 30, 2015	9,886,618	9,886,618
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock		$ (22)	(22)
Issuance of stock (in shares)		17,245
Forfeiture of restricted stock		$ (65)	(65)
Forfeiture of restricted stock (in shares)		(52,303)
Repurchase of stock	$ (140)	$ (8)	(132)
Repurchase of stock (in shares)		(6,091)
Stock-based compensation	289		289
Excess tax benefit from stock-based compensation	162		162
Comprehensive income, net of tax	(38,562)			(38,283)	(279)
Ending balance at Jul. 03, 2016	$ 78,628	$ 12,307	$ 16,407	$ 51,650	$ (1,736)
Ending balance (in shares) at Jul. 03, 2016	9,845,469	9,845,469

Business

Business	12 Months Ended
	Jul. 03, 2016
Business [Abstract]
Business	Business Sparton Corporation and subsidiaries (the “Company” or “Sparton”) has been in continuous existence since 1900. It was last reorganized in 1919 as an Ohio corporation. The Company is a provider of design, development and manufacturing services for complex electromechanical devices, as well as sophisticated engineered products complementary to the same electromechanical value stream. The Company serves the Medical & Biotechnology, Military & Aerospace and Industrial & Commercial markets through two reportable business segments; Manufacturing & Design Services (“MDS”) and Engineered Components & Products (“ECP”). Prior to fiscal 2015, the Company reported under three reportable business segments; Medical Device (“Medical”), Complex Systems (“CS”) and Defense & Security Systems (“DSS”). The prior periods herein reflect this change in segment reporting. See Note 16, Business Segments, of the "Notes to Consolidated Financial Statements" in this form 10-K for a further discussion of business segments. All of the Company's facilities are certified to one or more of the ISO/AS standards, including ISO 9001, AS9100 and ISO 13485, with most having additional certifications based on the needs of the customers they serve. The majority of the Company's customers are in highly regulated industries where strict adherence to regulations such as the International Tariff and Arms Regulations ("ITAR") is necessary. The Company's products and services include offerings for Original Equipment Manufacturers (“OEM”) and Emerging Technology (“ET”) customers that utilize microprocessor-based systems which include transducers, printed circuit boards and assemblies, sensors and electromechanical components, as well as development and design engineering services relating to these product sales. Sparton also develops and manufactures sonobuoys, anti-submarine warfare (“ASW”) devices used by the United States Navy and foreign governments that meet Department of State licensing requirements. Additionally, Sparton manufactures rugged flat panel display systems for military panel PC workstations, air traffic control and industrial applications as well as high performance industrial grade computer systems and peripherals. Many of the physical and technical attributes in the production of these proprietary products are similar to those required in the production of the Company's other electrical and electromechanical products and assemblies. For fiscal year 2016, the Company has changed from a calendar year to a 52-53 week year (5-4-4 basis) ending on the Sunday closest to June 30. Therefore, the financial results of certain fiscal years and the associated 14 week quarters, will not be exactly comparable to the prior and subsequent 52 week fiscal years and the associated quarters having only 13 weeks. The change was not deemed a change in fiscal year for purposes of reporting subject to Rule 13a-10 or 15d-10; hence, no transition reports are required. The Company has made the change in fiscal years on a prospective basis and thus the change will not impact the Company’s financial statements as of and for fiscal year 2016 or any interim period therein. The Company believes the change in fiscal years will provide numerous benefits, including more consistency between reported periods and to better align its reporting periods with the Company’s peer group. On April 27, 2016, Sparton announced that its Board of Directors had authorized a process to identify parties interested in acquiring the Company. This process is ongoing and there can be no assurance that this process will result in a consummation of any transaction. The Company cannot currently determine if the process will ultimately conclude in a sale of all or some of its assets. As such, no adjustments have been made to the Company’s carrying value of its assets or liabilities as a result of the contemplated sale.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jul. 03, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of presentation and principles of consolidation — The consolidated financial statements include the accounts of Sparton Corporation and subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All significant intercompany accounts and transactions have been eliminated in consolidation. Certain reclassifications of prior year amounts have been made to conform to the current year presentation. Use of estimates — Management of the Company has made a number of estimates, judgments and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent liabilities at the dates of the consolidated balance sheets and revenue and expense during the reporting periods to prepare these consolidated financial statements in conformity with GAAP. Actual results could differ from those estimates. Cash and cash equivalents — Cash and cash equivalents include cash on hand, demand deposits and money market funds with original maturities of three months or less. Cash equivalents are stated at cost which approximates fair value. Accounts receivable, credit practices and allowances for doubtful accounts — Accounts receivable are customer obligations generally due under normal trade terms for the industry. Credit terms are granted and periodically revised based on evaluations of the customers’ financial condition. The Company performs ongoing credit evaluations of its customers and although the Company does not generally require collateral, letters of credit or cash advances may be required from customers in order to support accounts receivable in certain circumstances. The Company maintains an allowance for doubtful accounts on receivables for estimated losses resulting from the inability of its customers to make required payments. The allowance is estimated primarily based on information known about specific customers with respect to their ability to make payments and future expectations of conditions that might impact the collectability of accounts. When management determines that it is probable that an account will not be collected, all or a portion of the amount is charged against the allowance for doubtful accounts. Inventories and costs of contracts in progress — Inventories are valued at the lower of cost (first-in, first-out basis) or market and include costs related to long-term contracts as disclosed below. Inventories, other than contract costs, are principally raw materials and supplies. Certain United States government contracts allow Sparton to submit performance based billings, which are then applied against inventories purchased and manufacturing costs incurred by the Company throughout its performance under these contracts. Inventories were reduced by performance based payments from the U.S. government for costs incurred related to long-term contracts, thereby establishing inventory to which the U.S. government then has title, of $8,963 and $7,456 respectively, at July 3, 2016 and June 30, 2015 . At July 3, 2016 and June 30, 2015 , current liabilities include performance based payments of $0 and $1,756 , respectively, on government contracts. As these payments were in excess of cost, there is no inventory to which the government would claim title and, therefore, no offset to inventory has been made. Customer orders are based upon forecasted quantities of product manufactured for shipment over defined periods. Raw material inventories are purchased to fulfill these customer requirements. Within these arrangements, customer demands for products frequently change, sometimes creating excess and obsolete inventories. The Company regularly reviews raw material inventories by customer for both excess and obsolete quantities. Wherever possible, the Company attempts to recover its full cost of excess and obsolete inventories from customers or, in some cases, through other markets. When it is determined that the Company’s carrying cost of such excess and obsolete inventories cannot be recovered in full, a charge is taken against income for the difference between the carrying cost and the estimated realizable amount. These cost adjustments for excess and obsolete inventory create a new cost basis for the inventory. The Company recorded inventory write-downs totaling $1,653 , $927 and $468 for fiscal years 2016 , 2015 and 2014 , respectively. These charges are included in cost of goods sold for the periods presented. If inventory that has previously been impaired is subsequently sold, the amount of reduced cost basis is reflected as cost of goods sold. The Company experienced minimal subsequent sales of excess and obsolete inventory during fiscal years 2016 , 2015 and 2014 that resulted in higher gross margins due to previous write-downs. Such sales and the impact of those sales on gross margin were not material to the years presented. Property, plant and equipment, net — Property, plant and equipment are stated at cost less accumulated depreciation. Major improvements and upgrades are capitalized while ordinary repair and maintenance costs are expensed as incurred. Depreciation is provided over estimated useful lives on both straight-line and accelerated methods. Estimated useful lives generally range from twelve to thirty-nine years for buildings and improvements, twelve years for machinery and equipment and five years for test equipment. Goodwill — Goodwill resulting from business combinations represents the excess of purchase price over the fair value of the net assets of the businesses acquired. Goodwill is not amortized, but rather tested for impairment annually, as well as whenever there are events or changes in circumstances (triggering events) which suggest that the carrying value of goodwill may not be recoverable. The Company performs its annual goodwill impairment testing in the fourth quarter based on its historical financial results through the third quarter end. The goodwill impairment test is performed at the reporting unit level, which is the lowest level at which goodwill is evaluated for management purposes. The Company has identified reporting units to be its two reportable business segments - MDS and ECP for fiscal years 2016 and 2015. In fiscal year 2014 the Company had three reportable business segments determined to be its identified reporting units - Medical, Complex Systems and DSS. The Company may elect to perform a qualitative assessment for its annual goodwill impairment test. If the qualitative assessment indicates that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, or if Sparton elects to not perform a qualitative assessment, then the Company would be required to perform a quantitative impairment test for goodwill. The quantitative impairment analysis is a two-step process. First, the Company determines the fair value of the reporting unit and compares it to its carrying value. The fair value of reporting units is determined based on a weighting of both projected discounted future results and comparative market multiples. The projected discounted future results (discounted cash flow approach) is based on assumptions that are consistent with the Company’s estimates of future growth and the strategic plan used to manage the underlying business. Factors requiring significant judgment include assumptions related to future revenue growth rates, operating margins, terminal growth rates and discount factors, amongst other considerations. If the carrying value of the reporting unit exceeds the fair value in the first step, a second step is performed to measure the amount of an impairment loss. In the second step, an impairment loss is recognized for any excess of the carrying value of the reporting unit’s goodwill over its implied fair value. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit using a residual fair value allocation. The residual fair value allocated to goodwill is the implied fair value of the reporting unit's goodwill. The Company’s fair value estimates related to its goodwill impairment analyses are based on Level 3 inputs within the fair value hierarchy as described below in this note under “Fair value measurements.” Determining the fair value of any reporting unit and intangible asset is judgmental in nature and involves the use of significant estimates and assumptions. The Company bases its fair value estimates on assumptions believed to be reasonable, but which are unpredictable and inherently uncertain. Actual future results may differ from those estimates. Circumstances that may lead to future impairment of goodwill include, but are not limited to, unforeseen decreases in future performance or industry demand, a further loss of a significant customer, or the inability to achieve sufficient organic revenue growth to offset fluctuations in customer demand. The Company's fiscal year 2014 quantitative annual tests of goodwill (Step 1) related to the Medical, Complex Systems and DSS reporting units resulted in fair values in excess of the related carrying values of the assets and as such did not indicate that the related goodwill was impaired. The Company determined at that time that the fair value of the three reporting units substantially exceeded their carrying values, by 70% , 33% and over 1,100% , respectively. In fiscal 2015, the Company elected to perform the optional qualitative assessment of goodwill and concluded that it was more likely than not that the fair value of goodwill in its reporting units was in excess of its respective carrying amount and therefore, no further testing was required. In fiscal 2016, the Step 1 impairment testing of goodwill was performed and resulted in the carrying values of its MDS reporting unit in excess of its fair value indicating potential impairment. The decline in value in the MDS reporting unit was a result of the underperformance of the Company’s most recent acquisition (Hunter Technology Corporation), and the inability to achieve sufficient organic revenue growth to offset the loss of a large customer due to insourcing, as well as revenue declines due to fluctuations in customer demand across the MDS reporting unit. The Company performed the Step 2 analysis of goodwill impairment for this reporting unit and based on the valuation of the reporting unit as well as the fair value of the reporting unit's individual tangible and intangible assets, it was determined that goodwill within this reporting unit was fully impaired. As such, the Company recorded an impairment of goodwill charge of $64,174 . Prior to the fourth quarter of fiscal 2016, no triggering events or other facts and circumstances were identified that indicated that it was more likely than not that the fair value of the MDS segment was less than its carrying value. The impairment recognized in the fourth quarter of fiscal 2016 was a result of the continued underperformance of the acquired Hunter Technology Corporation operations and the inability of the Company to achieve sufficient organic revenue growth to offset fluctuations in customer demands. The fair value of the Company’s ECP reporting unit was in excess of its carrying value and, as such, indicated no impairment of goodwill. Other Intangible Assets — The Company’s intangible assets other than goodwill represent the values assigned to acquired customer relationships, acquired non-compete agreements, acquired trademarks/trade names and acquired unpatented technology. At July 3, 2016 , customer relationships and non-compete agreements totaling $27,650 and $1,998 , respectively, are included in the MDS segment, while customer relationships, non-compete agreements, trademarks/trade names and unpatented technology totaling $4,975 , $195 , $1,382 and $733 , respectively, are included in the ECP segment. The impairment test for these intangible assets is conducted when impairment indicators are present. The Company continually evaluates whether events or circumstances have occurred that would indicate the remaining estimated useful lives of its intangible assets warrant revision or that the remaining balance of such assets may not be recoverable. The Company uses an estimate of the related undiscounted cash flows over the remaining life of the asset in measuring whether the asset is recoverable. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge would be recognized for the amount that the carrying amount of the asset exceeds the fair value of the asset. The Company’s fair value estimates related to its intangible assets impairment analyses are based on Level 3 inputs within the fair value hierarchy as described below in this note under “Fair value measurements.” The Company had a third-party valuation of the recoverability of intangible assets performed in the fourth quarter of fiscal 2016 and it was determined that the assets were fully recoverable and no write-down of such assets was necessary. Acquired customer relationships are being amortized using an accelerated methodology over periods of seven to fifteen years. Acquired non-compete agreements are being amortized on a straight-line basis over periods of two to five years as the ratable decline in value over time is most consistent with the contractual nature of these assets. Acquired trademarks/trade names are being amortized on a straight-line basis over periods of one to ten years and acquired unpatented technology is being amortized using an accelerated methodology over seven years. Impairment of long-lived assets — The Company reviews other long-lived assets that are not held for sale (including intangibles other than goodwill) for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is determined by comparing the carrying value of the assets to their estimated future undiscounted cash flows. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset group exceeds the fair value of the asset group. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell and are reviewed at least quarterly. Stock-based compensation — The Company measures the cost of employee and director services received in exchange for an award of equity-based securities using the fair value of the award on the date of the grant. The Company recognizes that cost on a straight-line basis over the period that the award recipient is required to provide service to the Company in exchange for the award and, for certain awards, subject to the probability that related performance targets will be met. See Note 12, Stock-Based Compensation, of the "Notes to Consolidated Financial Statements" in this Form 10-K for a further discussion of stock-based compensation. (Loss) earnings per share — Basic (loss) earnings per share is based on the weighted average number of common shares and participating securities outstanding during the period. Diluted earnings or loss per share include the dilutive effect of additional potential common shares issuable under our stock-based compensation plans and are determined using the treasury stock method. Unvested restricted stock awards, which contain non-forfeitable rights to dividends whether paid or unpaid, are included in the number of shares outstanding for both basic and diluted earnings or loss per share calculations. Unvested contingently issuable participating restricted shares are excluded from basic (loss) earnings per share. In the event of a net loss, unvested restricted stock awards are excluded from the calculation of both basic and diluted loss per share. See Note 13, (Loss) Earnings Per Share Data, of the "Notes to Consolidated Financial Statements" in this Form 10-K for a further discussion. Income taxes - Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement amounts of assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in future years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rate is recognized in income in the period that includes the enactment date. Deferred tax assets are reduced through the establishment of a valuation allowance at the time, based upon available evidence, it becomes more likely than not that the deferred tax assets will not be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution. Management also assesses whether uncertain tax positions, as filed, could result in the recognition of a liability for possible interest and penalties. The Company's policy is to include interest and penalties related to unrecognized tax benefits as a component of income tax expense. ERAPSCO Agreement — Sparton is a 50 / 50 joint venture (“JV”) partner with UnderSea Sensor Systems, Inc. (“USSI”), the only other major producer of U.S. derivative sonobuoys. USSI’s parent company is Ultra Electronics Holdings PLC, based in the United Kingdom. The JV operates under the name ERAPSCO and allows Sparton and USSI to combine their own unique and complementary backgrounds to jointly develop and produce U.S. derivative sonobuoy designs for the U.S. Navy as well as foreign governments that meet Department of State licensing requirements. ERAPSCO maintains the DBA Sonobuoy TechSystems through which it conducts business directly with foreign governments. In concept, and in practice, ERAPSCO serves as a pass-through entity maintaining no funds or assets. While the JV provides the opportunity to maximize efficiencies in the design and development of the related sonobuoys, both of the joint venture partners function independently as subcontractors; therefore, there is no separate entity to be accounted for or consolidated. The Board of Directors of ERAPSCO has the responsibility for the overall management and operation of the JV. The six member board consists of equal representation (full time employees) from both JV partners for three year terms. Personnel necessary for the operation of ERAPSCO, specifically a president, vice president, general manager, contract administrator and financial manager, are similarly assigned by the JV partners for rotating three year terms and the costs of these assigned individuals are borne by the party assigning the personnel. In response to a customer request for proposal (“RFP”) that ERAPSCO will bid on, the Board of Directors of ERAPSCO approves both the composition of a response to the RFP and the composite bid to be submitted to the customer. The Board of Directors strives to divide the aggregate contract awards at a 50 / 50 share ratio. Each JV partner bears the costs it incurs associated with the preparation and submission of proposals. Each JV partner submits to ERAPSCO a proposal for the estimated price of performing that portion of the RFP applicable to it. Upon award of a contract to the JV, separate subcontracts are generated between ERAPSCO and each of the JV partners defining the responsibilities and compensation. These subcontracts contain terms and conditions consistent with the prime contract. Each JV partner is responsible to ERAPSCO for the successful execution of its respective scope of work under its subcontract and each JV partner is individually accountable for the profit or losses sustained in the execution of the subcontract against its respective bid. In some instances, either Sparton or USSI handles the complete production and delivery of sonobuoys to ERAPSCO's customer. In other instances, either Sparton or USSI starts the production and ship completed subassemblies to the other party for additional processing before being delivered to the customers. Under ERAPSCO, individual contract risk exposures are reduced, while the likelihood of achieving U.S. Navy and other ASW objectives is enhanced. ERAPSCO has been in existence since 1987 and historically, the agreed upon products included under the JV were generally developmental sonobuoys. In 2007 , the JV expanded to include all future sonobuoy development and substantially all U.S. derivative sonobuoy products for customers outside of the United States. The JV was further expanded three years later to include all sonobuoy products for the U.S. Navy beginning with U.S. Navy's 2010 fiscal year contracts. Revenue recognition — The Company’s net sales are comprised primarily of product sales, with supplementary revenues earned from engineering and design services. Standard contract terms are FOB shipping point. Revenue from product sales is generally recognized upon shipment of the goods; service revenue is recognized as the service is performed or under the percentage of completion method, depending on the nature of the arrangement. Long-term contracts related to ECP sonobuoy sales to the U.S. Navy and foreign government customers that require lot acceptance testing recognize revenue under the units-of-production percentage of completion method. The Company additionally has certain other long-term contracts that are accounted for under the units shipped percentage-of-completion method. Certain upfront engineering costs in relation to certain of these long-term contracts are capitalized and recognized over the life of the contract. At July 3, 2016 and June 30, 2015 , current liabilities include payments in excess of costs of $0 and $1,756 , respectively, on government contracts. As noted above, sales related to these billings are recognized based upon units completed and are not recognized at the time of billings. A provision for the entire amount of a loss on a contract is charged to operations as soon as the loss is identified and the amount is reasonably determinable. Shipping and handling costs are included in cost of goods sold. Advertising Costs — The Company expenses advertising costs as they are incurred. Advertising expense was $106 , $160 and $191 for fiscal years 2016 , 2015 and 2014 , respectively. Research and development expenditures — Internal research and development expenses reflect costs incurred for the internal development of technologies for use in undersea warfare, navigation, hand held targeting applications as wells as rugged computer and display devices. These costs include salaries and related expenses, contract labor and consulting costs, materials and the cost of certain research and development specific equipment. The Company incurred $2,344 , $1,502 and $1,169 of internally funded research and development expenses during fiscal years 2016, 2015 and 2014, respectively. Customer funded research and development costs, which are usually part of a larger production agreement, totaled $16,736 , $9,944 and $9,708 for the fiscal years 2016 , 2015 and 2014 , respectively. Fair value measurements — Fair value estimates and assumptions and methods used to estimate the fair value of the Company’s assets and liabilities are made in accordance with the requirements of the Financial Accounting Standards Board (the “FASB”), Accounting Standards Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures” (“ASC 820”). ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, ASC 820 establishes a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1 are observable inputs such as quoted prices in active markets; Level 2 are inputs other than the quoted prices in active markets that are observable either directly or indirectly; and Level 3 are unobservable inputs in which there is little or no market data, which require the Company to develop its own assumptions. This hierarchy requires the Company to use observable market data when available and to minimize the use of unobservable inputs when determining fair value. As of July 3, 2016, the Company had no assets or liabilities which it measures and carries on its balance sheet at fair value on a recurring basis. The fair value of the Company's Credit Facility (as defined below) debt at July 3, 2016 approximated its carrying value of $97,206 , as the rates on these borrowings are variable in nature. In the event of an acquisition, the Company estimates the fair value of the assets acquired and liabilities assumed at acquisition date. See Note 3, Acquisitions, of the "Notes to Consolidated Financial Statements" in this form 10-K for a further discussion of these estimated fair values. The fair value of accounts receivable and accounts payable approximated their carrying values at both July 3, 2016 and June 30, 2015 . The Company held marketable equity securities of $0 and $847 at the end of fiscal years 2016 and 2015, respectively. At the end of fiscal year 2015, the securities were classified as available-for-sale and recorded in other non-current assets on the Consolidated Balance Sheets. These securities were carried at estimated fair value with unrealized gains and losses reflected in Accumulated Other Comprehensive Income and were classified as Level 1 in the fair value hierarchy. The assessment for impairment of marketable equity securities as available-for-sale is based on established financial methodologies, including quoted market prices for publicly traded securities. If the Company had determined that a loss in the value of the investment was other than temporary, any such losses would have been recorded in other expense (income), net. The table below presents a reconciliation for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for fiscal years 2016 and 2015 . June 30, Purchase or additions June 30, Write-down July 3, Liabilities: Contingent consideration $ — $ 1,530 $ 1,530 $ (1,530 ) $ — Market risk exposure — The Company manufactures its products in the United States, Canada and Vietnam. Sales of the Company’s products are in the U.S. and foreign markets. The Company is subject to foreign currency exchange rate risk relating to intercompany activity and balances and to receipts from customers and payments to suppliers in foreign currencies. Adjustments related to the remeasurement of the Company's Canadian and Vietnamese financial statements into U.S. dollars are included in current earnings. As a result, the Company's financial results could be affected by factors such as changes in foreign currency exchange rates or economic conditions in the domestic and foreign markets in which the Company operates. However, minimal third party receivables and payables are denominated in foreign currency and the related market risk exposure is considered to be immaterial. The Company's revolving credit line, when drawn upon, is subject to future interest rate fluctuations which could potentially have a negative impact on cash flows of the Company. The Company had $97,206 outstanding under its credit facility at July 3, 2016 . A prospective increase of 100 basis points in the interest rate applicable to the Company's outstanding borrowings under its Credit Facility would result in an increase of $972 in its annual interest expense. The Company is not party to any currency exchange or interest rate protection agreements as of July 3, 2016 . See Note 8, Debt, of the "Notes to Consolidated Financial Statements" in this form 10-K for a further description on Sparton’s debt. New accounting standards — In May 2014, the FASB issued Accounting Standards Update No. 2014-09 ("ASU 2014-09"), Revenue from Contracts with Customers , which amends guidance for revenue recognition. Under the new standard, revenue will be recognized when control of the promised goods or services is transferred to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods and services. The standard creates a five-step model that will generally require companies to use more judgment and make more estimates than under current guidance when considering the terms of contracts along with all relevant facts and circumstances. These include the identification of customer contracts and separating performance obligations, the determination of transaction price that potentially includes an estimate of variable consideration, allocating the transaction price to each separate performance obligation, and recognizing revenue in line with the pattern of transfer. In August 2015, the FASB issued an amendment to defer the effective date for all entities by one year. The new standard will become effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted as of annual reporting periods beginning after December 15, 2016. Companies have the option of using either a full or modified retrospective approach in applying this standard. During fiscal 2016, the FASB issued three additional updates which further clarify the guidance provided in ASU 2014-09. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update No. 2015-03 ("ASU 2015-03"), Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 changes the presentation of debt issuance costs for term debt in the balance sheet by requiring the debt issuance costs to be presented as a direct deduction from the related debt liability, rather than recorded as an asset. In August 2015, the FASB issued clarification to the guidance in ASU 2015-03 regarding presentation and subsequent measurement of debt issuance costs related to line-of-credit arrangements. The new standard provides clarification regarding costs to secure revolving lines of credit and indicates that the SEC staff would not object to an entity deferring and presenting costs associated with line-of-credit arrangements as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The provisions of this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, although early adoption is permitted. When adopted, this guidance must be applied on a retrospective basis. The adoption of this guidance is not expected to have a significant impact on the Company's consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update No. 2015-04 (“ASU 2015-04”), Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. ASU 2015-04 provides a practical expedient that permits the entity to measure defined benefit plan assets and obligations using the month-end that is closest to the entity’s fiscal year-end when an entity’s fiscal year-end does not coincide with a month-end. ASU 2015-04 will be effective for fiscal years and interim periods beginning after December 15, 2015. ASU 2015-04 is required to be applied prospectively and early adoption is permitted. The Company adopted this guidance in fiscal year 2016. The adoption of this guidance did not have a significant impact on the Company’s consolidated financial statements. In July 2015, the FASB

Acquisitions

Acquisitions	12 Months Ended
	Jul. 03, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions Fiscal Year 2015 The following table represents the allocation of the total consideration to assets acquired and liabilities assumed in the 2015 acquisitions based on Sparton’s estimate of their respective fair values at the acquisition date: Hunter Stealth KEP Marine RTEmd Argotec IED eMT Total purchase consideration: Cash $ 55,194 $ 12,558 $ 4,300 $ 2,332 $ 350 $ 3,000 $ 20,000 Common stock 673 — — — — — — Section 338 gross-up payable 572 — — — — — — Working capital adjustment — — (147 ) 103 75 292 1,600 Income tax adjustment — — — — — (271 ) 469 Total purchase consideration $ 56,439 $ 12,558 $ 4,153 $ 2,435 $ 425 $ 3,021 $ 22,069 Assets acquired and liabilities assumed: Cash $ 687 $ — $ — $ 206 $ — $ — $ 1,505 Accounts receivable 10,455 360 — 273 — — 4,444 Inventories 15,683 562 1,203 134 55 450 4,090 Other current assets 419 — — 6 — — 26 Property, plant and equipment 3,195 — — 7 118 — 584 Customer relationships 15,400 3,375 1,200 800 — — 5,950 Non-compete agreements 420 94 — — — 700 2,730 Tradenames and trademarks — 1,256 180 — 20 180 80 Unpatented technology — 690 — — — — — Goodwill 29,277 6,718 1,570 1,930 232 1,962 6,959 Deferred income taxes - non-current — — — (279 ) — (271 ) — Other long-term assets 263 — — 4 — — 30 Accounts payable (15,756 ) (425 ) — (14 ) — — (3,636 ) Other current liabilities (3,604 ) (72 ) — (632 ) — — (693 ) Total assets acquired and liabilities assumed $ 56,439 $ 12,558 $ 4,153 $ 2,435 $ 425 $ 3,021 $ 22,069 Hunter Technology Corporation — On April 14, 2015, the Company acquired Hunter Technology Corporation ("Hunter"), with operations located in Milpitas, CA and Lawrenceville, GA, for $55,000 . Hunter, which is part of the Company's MDS segment, provides electronic contract manufacturing in military and aerospace applications. Hunter provides engineering design, new product introduction and full-rate production manufacturing solutions working with major defense and aerospace companies, test and measurement suppliers, secure networking solution providers, medical device manufacturers and a wide variety of industrial customers. Included in the Company’s Consolidated Statements of Income for fiscal year 2015 are net sales of $14,288 and net loss before income taxes $656 , since the April 14, 2015 acquisition of Hunter. Stealth.com — On March 16, 2015, the Company acquired substantially all of the assets of Stealth.com ("Stealth"), located in Woodbridge, ON, Canada, for $16,000 CAD ( $12,558 USD). The acquired business, which is part of the Company's ECP segment, is a supplier of high performance rugged industrial grade computer systems and peripherals that include Mini PC/Small Form Factor Computers, Rackmount Server PCs, Rugged Industrial LCD Monitors, Rugged Portable PCs, Industrial Grade Keyboards and Rugged Trackballs and Mice. Included in the Company’s Consolidated Statements of Income for fiscal year 2015 are net sales of $2,541 and income before income taxes of $384 , since the March 16, 2015 acquisition of Stealth. KEP Marine — On January 21, 2015, the Company acquired certain assets of KEP Marine, a division of Kessler-Ellis Products, located in Eatontown, NJ, for $4,300 . The acquired business, which is part of the Company's ECP segment, designs and manufactures industrial displays, industrial computers and HMI software for the Marine market. These product lines have been consolidated into the Aydin Displays facility, located in Birdsboro, PA. Real-Time Enterprises, Inc. — On January 20, 2015, the Company acquired Real-Time Enterprises, Inc. ("RTEmd"), located in Pittsford, NY, for $2,332 . RTEmd will continue to service its current and future customers out of its Pittsford, NY location. The acquired business, which is part of the Company's MDS segment, is a developer of embedded software to operate medical devices and diagnostic equipment through a disciplined approach to product development and quality/regulatory services with specific product experience such as patient monitoring, medical imaging, in-vitro diagnostics, electro-medical systems, surgical applications, ophthalmology, nephrology, infusion pumps and medical imaging. Included in the Company’s Consolidated Statements of Income for fiscal year 2015 are net sales of $1,173 and loss before income taxes of $182 , since the July 9, 2014 acquisition of eMT. Argotec, Inc. — On December 8, 2014, the Company acquired certain assets of Argotec, Inc. ("Argotec"), located in Longwood, FL, for $350 . The acquired business, which is part of the Company's ECP segment, is engaged in developing and manufacturing sonar transducer products and components for the U.S. Navy and also provides aftermarket servicing. These products have been consolidated into the Company's DeLeon Springs, FL location. Industrial Electronic Devices, Inc. — On December 3, 2014, the Company acquired certain assets of Industrial Electronic Devices, Inc. ("IED"), located in Flemington, NJ, for $3,292 . The acquired business, which is part of the Company's ECP segment, designs and manufactures a full line of rugged displays for the Industrial and Marine markets. IED's catalog spans over 600 standard, semi-custom and custom configurations, incorporating some of the most advanced flat panel displays and touch screen technology available. These product lines have been consolidated into the Aydin Displays facility, located in Birdsboro, PA. Electronic Manufacturing Technology, LLC. — On July 9, 2014, the Company acquired Electronic Manufacturing Technology, LLC. (“eMT”), located in Irvine, CA, for $22,069 , which included $1,505 of acquired cash. The acquired business, which is part of the Company's MDS segment, is engaged in the contract services business of manufacturing electromechanical controls and electronic assemblies. Their customer profile includes international Fortune 1000 manufacturers of highly reliable industrial excimer laser products, laser eye surgery sub-assemblies, target simulators for space and aviation systems, power modules for computerized tomography products, test systems for commercial aerospace OEMs and toll road antennas and control boxes. Included in the Company’s Consolidated Statements of Income for fiscal year 2015 are net sales of $23,503 and income before income taxes of $2,452 , since the July 9, 2014 acquisition of eMT. Fiscal Year 2014 The following table represents the allocation of the total consideration to assets acquired and liabilities assumed in the 2014 acquisitions based on Sparton’s estimate of their respective fair values at the acquisition date: Aubrey Beckwood Aydin Total purchase consideration: Cash $ 5,300 $ 15,300 $ 15,000 Cash consideration paid for excess cash 573 — — Working capital adjustment (252 ) 46 502 Total purchase consideration $ 5,621 $ 15,346 $ 15,502 Assets acquired and liabilities assumed: Cash $ 1,056 $ — $ — Accounts receivable 680 1,157 2,279 Inventories 184 2,075 6,601 Deferred income taxes 4 108 — Other current assets 22 122 895 Property, plant and equipment 221 83 582 Customer relationships — 10,000 1,500 Non-compete agreements 140 280 — Tradenames and trademarks — — 180 Unpatented technology — — 650 Goodwill 4,510 6,731 2,181 Deferred income taxes - non-current 290 (3,761 ) — Other long-term assets — 8 2,292 Accounts payable (173 ) (866 ) (1,215 ) Other current liabilities (1,313 ) (591 ) (443 ) Total assets acquired and liabilities assumed $ 5,621 $ 15,346 $ 15,502 Aubrey Group, Inc. — On March 17, 2014, the Company acquired Aubrey Group, Inc. ("Aubrey”), located in Irvine, CA, for $5,048 . The acquired business, a design and manufacturing company, which is part of the MDS segment, develops new products for OEMs in the Medical and Biotechnological markets. Inventors, entrepreneurs and industry leading OEMs utilize Aubrey's design and engineering teams to develop innovative solutions in a timely manner, delivering its clients' new products into the marketplace faster and more cost effectively. Beckwood Services, Inc. — On December 11, 2013, the Company acquired Beckwood Services, Inc. ("Beckwood”), located in Plaistow, N.H., for $15,346 . The acquired business, which is part of the Company's MDS segment, develops electronic or electro-mechanical controls and electronic assemblies. Their customer profile includes international Fortune 1000 manufacturers of industrial control systems, analytical instruments, measuring and detecting equipment and military, defense and Homeland Security equipment. Aydin Displays, Inc. — On August 30, 2013, the Company acquired certain assets and liabilities of Aydin Displays, Inc. ("Aydin Displays" or “Aydin”), located in Birdsboro, PA, for $15,502 . The acquired business, which is part of the Company's ECP segment, develops enhanced flat panel display and touch-screen solutions with application-critical performance criteria including ruggedization, high resolution, color accuracy, response/refresh times, sunlight readability and other criteria such as magnetic interference and emanations security for the Military & Aerospace and Civil Marine markets. These products are currently specified in the U.S. Navy P8A Poseidon ASW aircraft behind-the-cockpit control center, the command and control centers of many U.S. Navy ships, Federal Aviation Administration air traffic control systems and cockpit command centers for various civil marine applications. The acquired business will continue to operate as Aydin Displays. The following table summarizes, on a pro forma basis, the combined results of operations of the Company and the acquired businesses of Hunter, Stealth, KEP, RTEmd, Argotec, IED and eMT, as though the acquisitions had occurred as of July 1, 2013 and Aubrey, Beckwood and Aydin as though the acquisitions had occurred as of July 1, 2012. The pro forma amounts presented are not necessarily indicative of either the actual consolidated results had the acquisitions occurred as of July 1, 2013 and 2012, respectively, or of future consolidated operating results (unaudited): For fiscal years 2015 2014 Net sales $ 461,734 $ 465,229 Income before income taxes 19,345 33,654 Net income 15,219 27,296 Net income per share — basic 1.54 2.70 Net income per share — diluted 1.54 2.69 Pro forma results presented above reflect: (1) incremental depreciation relating to fair value adjustments to property, plant and equipment; (2) amortization adjustments relating to fair value estimates of intangible assets; (3) elimination of interest expense relating to debt paid off in conjunction with the transaction; (4) incremental interest expense on assumed indebtedness and amortization of capitalized financing costs incurred in connection with the transactions; and (5) additional cost of goods sold relating to the capitalization of gross profit recognized in the year of acquisition as part of purchase accounting recognized for purposes of the pro forma as if it was recognized during the preceding year. Pro forma adjustments described above have been tax effected using Sparton's effective rate during the respective periods. During fiscal 2016, the Company elected to adopt Accounting Standards Update No. 2015-16, Business Combinations (Topic 805) Simplifying the Accounting for Measurement-Period Adjustment . As a result, during fiscal year 2016, the Company recorded adjustments to the opening balance sheets of Hunter and RTEmd as follows: Changes to goodwill: Inventory $ 5,052 Accounts receivable 386 Property, plant and equipment (974 ) Intangible assets - customer relationships (700 ) Other assets and liabilities, net (352 ) Non-cash adjustments 3,412 Adjustment to purchase consideration (750 ) Total $ 2,662 For fiscal year 2016, the Company recorded depreciation expense of $362 in cost of goods sold and amortization of intangible assets of $26 that would have otherwise been recorded in prior periods. Certain of the acquisitions included escrow accounts based on final working capital adjustments and other performance criteria. During fiscal year 2016, the Company received $750 in adjustments to the purchase price under the terms of an acquisition agreement, as reflected in the table above. During fiscal year 2016, the Company recorded an adjustment to Goodwill of $428 which reduced certain tax liabilities related to the Company’s purchase of Hunter.

Inventories and Cost of Contrac

Inventories and Cost of Contracts in Progress, net	12 Months Ended
	Jul. 03, 2016
Inventory Disclosure [Abstract]
Inventories and Cost of Contracts in Progress, net	Inventories and Cost of Contracts in Progress, net The following are the major classifications of inventory, net of interim billings: July 3, June 30, Raw materials $ 40,914 $ 60,668 Work in process 23,626 19,047 Finished goods 22,294 7,244 Total inventory and cost of contracts in progress, gross 86,834 86,959 Inventory to which the U.S. government has title due to interim billings (8,963 ) (7,456 ) Total inventory and cost of contracts in progress, net $ 77,871 $ 79,503

Property, Plant and Equipment,

Property, Plant and Equipment, net	12 Months Ended
	Jul. 03, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment, net	Property, Plant and Equipment, net Property, plant and equipment, net consists of the following: July 3, June 30, Land and land improvements $ 1,429 $ 1,429 Buildings and building improvements 27,660 27,482 Machinery and equipment 43,134 36,923 Construction in progress 1,372 2,278 Total property, plant and equipment 73,595 68,112 Less accumulated depreciation (40,275 ) (35,504 ) Property, plant and equipment, net $ 33,320 $ 32,608

Other Non-current Assets

Other Non-current Assets	12 Months Ended
	Jul. 03, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Other Non-current Assets	Other Non-current Assets Other non-current assets consist of the following: July 3, June 30, Deferred engineering and design costs - non-current $ 2,263 $ 2,089 Environmental remediation - indemnification asset 1,606 1,832 Favorable lease, net 256 374 Deferred financing fees, net 1,563 1,169 Investment in securities available for sale — 847 Other 1,004 840 Total other non-current assets $ 6,692 $ 7,151 Engineering and design costs on long-term contracts not otherwise immediately reimbursed are deferred and recognized ratably over related revenue streams. For fiscal years 2016 and 2015, respectively, deferred engineering and design costs totaled $3,263 and $3,238 of which $1,000 and $1,149 were reflected in prepaid expenses and other current assets. See Note 11, Commitments and Contingencies, of the "Notes to Consolidated Financial Statements" in this Form 10-K for a discussion of the Company's environmental remediation - indemnification asset. The Company acquired a favorable leasehold in relation to its acquisition of Aydin Displays. The favorable leasehold is being amortized on a straight-line basis over the five year life of the lease and related amortization is reflected primarily within cost of goods sold on the consolidated statement of operations. Costs incurred in connection with the Company’s current Credit Facility of $2,047 were deferred and amortized to interest expense over the five year term of the facility on a straight-line basis. Amortization of $298 , $631 and $119 for these loan costs, as well as the previous revolving-credit facility's loan costs, were recognized and reported as interest expense for fiscal years 2016 , 2015 and 2014 , respectively. The investment in securities available for sale was sold during fiscal year 2016 at a loss of $129 .

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Jul. 03, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Changes in the carrying value of goodwill and ending composition of goodwill are as follows: July 3, 2016 Manufacturing & Design Services Engineered Components & Products Total Goodwill, beginning of period $ 61,512 $ 12,663 $ 74,175 Additions to goodwill 2,662 — 2,662 Impairment of goodwill (64,174 ) — (64,174 ) Goodwill, end of period $ — $ 12,663 $ 12,663 June 30, 2015 Manufacturing & Design Services Engineered Components & Products Total Goodwill, beginning of period $ 26,008 $ 2,181 $ 28,189 Additions to goodwill 35,504 10,482 45,986 Goodwill, end of period $ 61,512 $ 12,663 $ 74,175 July 3, 2016 Manufacturing & Design Services Engineered Components & Products Total Acquired goodwill $ 77,327 $ 12,663 $ 89,990 Accumulated impairment (77,327 ) — (77,327 ) Goodwill $ — $ 12,663 $ 12,663 June 30, 2015 Manufacturing & Design Services Engineered Components & Products Total Acquired goodwill $ 74,665 $ 12,663 $ 87,328 Accumulated impairment (13,153 ) — (13,153 ) Goodwill $ 61,512 $ 12,663 $ 74,175 The amortization periods, gross carrying amounts, accumulated amortization, accumulated impairments and net carrying values of intangible assets are as follows: July 3, 2016 Original Amortization Period in Months Gross Carrying Amount Accumulated Amortization Accumulated Impairments Net Carrying Value Amortized intangible assets: Non-compete agreements 24 - 60 $ 4,229 $ (2,036 ) $ — $ 2,193 Customer relationships 84 - 180 57,295 (21,007 ) (3,663 ) 32,625 Trademarks/tradenames 12 - 120 1,696 (314 ) — 1,382 Unpatented technology 84 1,341 (608 ) — 733 $ 64,561 $ (23,965 ) $ (3,663 ) $ 36,933 June 30, 2015 Original Amortization Period in Months Gross Carrying Amount Accumulated Amortization Accumulated Impairments Net Carrying Value Amortized intangible assets: Non-compete agreements 24 - 60 $ 4,229 $ (1,100 ) $ — $ 3,129 Customer relationships 84 - 180 56,595 (12,806 ) (3,663 ) 40,126 Trademarks/tradenames 12 - 120 1,696 (145 ) — 1,551 Unpatented technology 84 1,341 (322 ) — 1,019 $ 63,861 $ (14,373 ) $ (3,663 ) $ 45,825 The Company did not incur any significant costs to renew or alter the terms of its intangible assets during fiscal year 2016 . Amortization expense for fiscal years 2016 , 2015 and 2014 were $9,592 , $6,591 and $3,422 , respectively. Aggregate amortization expense relative to existing intangible assets for the periods shown is currently estimated to be as follows: For fiscal years 2017 $ 8,496 2018 7,334 2019 6,302 2020 4,774 2021 3,729 2022 and thereafter 6,298 Total $ 36,933

Debt

Debt	12 Months Ended
	Jul. 03, 2016
Debt Disclosure [Abstract]
Debt	Debt The Company had $97,206 and $154,500 borrowed against its Credit Facility at July 3, 2016 and June 30, 2015 , respectively, which is classified as long-term on the Company's Consolidated Balance Sheets. On September 11, 2014, the Company replaced its previous credit facility with a new $200,000 revolving line-of-credit facility with a group of banks (the “Credit Facility”) to fund future acquisitions and to support the Company’s working capital needs and other general corporate purposes. The Company expensed the remaining $413 of deferred financing costs relating to the previous credit facility in the first quarter of fiscal year 2015. On April 13, 2015, the Company amended the Credit Facility to increase the size of the revolving line-of-credit facility by $75,000 to $275,000 , reload uncommitted loans under the agreement and to make other sublimit and definitional changes. The Company has the right to request an increase of the facility in an amount of up to $100,000 . The facility is secured by substantially all assets of the Company and its subsidiaries and expires on September 11, 2019. On June 27, 2016, the Company entered into Amendment No. 3 (“Amendment 3”) to the Credit Facility. As a result of Amendment 3, the Company reduced the revolving credit facility from $275,000 to $175,000 , reduced the optional increase in the Credit Facility from $100,000 to $50,000 , increased the permitted total funded debt to EBITDA ratio through the fiscal quarter ending September 2017, and provided for certain restrictions on business acquisitions, dividends and stock repurchases. Payments of $692 related to Amendment 3 were recorded as deferred financing costs in other long-term assets. Outstanding borrowings under the Credit Facility will bear interest, at the Company’s option, at either LIBOR, fixed for interest periods of one, two, three or six month periods, plus 1.00% to 3.00% , or at the bank’s base rate, as defined, plus 0.00% to 2.00% , based upon the Company’s Total Funded Debt/EBITDA Ratio, as defined. The Company is also required to pay commitment fees on unused portions of the Credit Facility ranging from 0.20% to 0.50% , based on the Company’s Total Funded Debt/EBITDA Ratio, as defined. The Credit Facility includes representations, covenants and events of default that are customary for financing transactions of this nature. The effective interest rate on outstanding borrowings under the Credit Facility was 3.50% at July 3, 2016 . As a condition of the Credit Facility, the Company is subject to certain customary covenants, with which it was in compliance at July 3, 2016 . As of July 3, 2016 , the Company had $76,939 available under its $175,000 credit facility, reflecting borrowings of $97,206 and certain letters of credit outstanding of $855 . Additionally, the Company had available cash and cash equivalents of $132 . The Company entered into capital leases in the third quarter of fiscal year 2016 with a total value of $656 . The outstanding balance at the end of fiscal year 2016 totaled $549 .

Income Taxes

Income Taxes	12 Months Ended
	Jul. 03, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes (Loss) income before income taxes by country consists of the following amounts: For fiscal years 2016 2015 2014 United States $ (56,184 ) $ 14,533 $ 18,915 Vietnam 364 38 691 Canada 321 384 (4 ) $ (55,499 ) $ 14,955 $ 19,602 Income taxes consists of the following components: For fiscal years 2016 2015 2014 Current: United States $ 544 $ 4,317 $ 6,913 Vietnam 130 6 134 Canada — 15 — State and local 672 501 544 1,346 4,839 7,591 Deferred: United States (16,133 ) 465 (852 ) Vietnam (8 ) — 7 Canada 141 (1,055 ) — State and local (2,562 ) (283 ) (131 ) (18,562 ) (873 ) (976 ) $ (17,216 ) $ 3,966 $ 6,615 The consolidated effective income tax rate differs from the statutory U.S. federal tax rate for the following reasons and by the following percentages: For fiscal years 2016 2015 2014 Statutory U.S. federal income tax rate 35.0 % 35.0 % 35.0 % Significant increases (reductions) resulting from: Changes in valuation allowance — (7.5 ) — Domestic production activities deduction 0.3 (2.7 ) (2.7 ) Goodwill impairment (8.3 ) — — Foreign tax rate differences 0.2 (0.2 ) (0.7 ) State and local income taxes, net of federal benefit 2.7 2.7 2.3 Research and development tax credit 1.4 — — Audits (0.3 ) — — Other — (0.8 ) (0.2 ) Effective income tax rate 31.0 % 26.5 % 33.7 % Significant components of deferred income tax assets and liabilities are as follows: July 3, June 30, Deferred tax assets: Goodwill $ 17,258 $ (5 ) Environmental remediation 1,953 2,254 Inventories 4,553 3,298 Employment and compensation accruals 1,595 1,341 Capital loss carryover 263 263 State tax carryovers 213 373 Canadian tax carryovers 933 1,164 Pension asset 450 148 Intangible assets 2,042 — Other 1,866 2,463 Deferred tax assets 31,126 11,299 Less valuation allowance (263 ) (393 ) Deferred tax assets, net 30,863 10,906 Deferred tax liabilities: Property, plant and equipment (2,935 ) (1,430 ) Intangible assets — (237 ) Other (2,144 ) (2,326 ) Deferred tax liabilities (5,079 ) (3,993 ) Net deferred tax assets $ 25,784 $ 6,913 In preparing the Company's consolidated financial statements, management has assessed the likelihood that its deferred income tax assets will be realized from future taxable income. In evaluating the ability to recover its deferred income tax assets, management considers all available evidence, positive and negative, including the Company's operating results, ongoing tax planning and forecasts of future taxable income on a jurisdiction by jurisdiction basis. A valuation allowance is established if it is determined that it is more likely than not that some portion or all of the net deferred income tax assets will not be realized. Management exercises significant judgment in determining the Company's income tax expense, its deferred income tax assets and liabilities and its future taxable income for purposes of assessing its ability to utilize any future tax benefit from its deferred income tax assets. Although management believes that its tax estimates are reasonable, the ultimate tax determination involves significant judgments that could become subject to audit by tax authorities in the ordinary course of business. As of each reporting date management considers new evidence, both positive and negative, that could impact management's view with regards to future realization of deferred tax assets. The Company has deferred tax assets of $213 and $933 related to state net operating losses and Canadian net operating losses which will expire beginning in 2029 and 2019 respectively. For financial reporting purposes, valuation allowances related to capital loss carryovers and state income tax carryovers were $263 and $393 as of July 3, 2016 and June 30, 2015 , with expiration beginning in 2017 and 2029, respectively. Included in the balance of unrecognized tax benefits as of July 3, 2016 are $71 of tax benefits that, if recognized, would affect the effective tax rate. There are no unrecognized tax benefits as of June 30, 2015 that, if recognized, would result in an adjustment to other tax accounts, primarily deferred taxes. The Company recognizes interest accrued related to unrecognized tax benefits and penalties as income tax expense. Related to the unrecognized tax benefits noted above, the Company accrued penalties and interest of $0 during fiscal year 2016. The Company's income tax returns are subject to audit by federal, state and local governments. These returns could be subject to material adjustments or differing interpretations of the tax laws. Fiscal years 2012 through 2016 remain open to examination by various tax authorities. The Company is currently undergoing an examination by the Internal Revenue Service, with any proposed adjustments not being anticipated to be material at this time. The Company is being audited by the Florida Department of Revenue and has accrued $270 . A portion of our operating income is earned outside of the United States. Earnings in Vietnam are deemed to be indefinitely reinvested in foreign jurisdictions while earnings in Canada are not deemed to be indefinitely reinvested. We currently do not intend or foresee a need to repatriate these funds from jurisdictions for which we assert indefinite reinvestment. We expect existing domestic cash and short-term investments and cash flows of operations to continue to be sufficient to fund our domestic operating activities and cash commitments for investing and financing activities, such as dividends, debt repayment, capital expenditures, for at least the next 12 months and thereafter for the foreseeable future.

Employee Retirement Benefit Pla

Employee Retirement Benefit Plans	12 Months Ended
	Jul. 03, 2016
Defined Benefit and Defined Contribution Pension Plans Disclosure [Abstract]
Employee Retirement Benefit Plans	Employee Retirement Benefit Plans Defined Benefit Pension Plan As of July 3, 2016 , 316 employees and retirees of the Company were covered by a defined benefit pension plan. Effective April 1, 2009, participation and the accrual of benefits in this pension plan were frozen, at which time all participants became fully vested and all remaining prior service costs were recognized. The components of net periodic pension expense were as follows: For fiscal years 2016 2015 2014 Interest cost 336 326 355 Expected return on plan assets (524 ) (560 ) (524 ) Amortization of unrecognized net actuarial loss 153 81 128 Net periodic income cost (35 ) (153 ) (41 ) Pro rata recognition of lump-sum settlements 333 — 85 Total periodic pension expense (income) $ 298 $ (153 ) $ 44 Lump sum settlements in 2016 and 2014 were higher than certain statutory thresholds, thereby requiring portions of those settlements to be recognized in expense for those years. The weighted average assumptions used to determine benefit obligations and net periodic benefit cost were as follows: Benefit Obligation Benefit Cost 2016 2015 2014 2016 2015 2014 Discount rate 3.70 % 4.45 % 4.35 % 4.45 % 4.35 % 4.75 % Rate of compensation increase N/A N/A N/A — — — Expected long-term rate on plan assets N/A N/A N/A 7.50 % 7.50 % 7.50 % The Company determines its assumption for the discount rate using market information as of the measurement date such as the Citigroup Pension Liability Index and Composite Corporate Bond Rates. The rate of compensation increase for calculation of the benefit obligation does not apply due to the freezing of the plan as of April 1, 2009. The expected long-term rate of return for plan assets is based on the Company’s expectation of future experience for trust asset returns and future market conditions, reflecting the plan trust’s current and expected future asset allocation. At July 3, 2016 and June 30, 2015 , as a result of the fiscal year 2009 plan curtailment, the accumulated benefit obligation is equal to the projected benefit obligation. The following tables summarize the changes in benefit obligations, plan assets and funded status of the plan: July 3, June 30, Change in prepaid benefit cost: Prepaid benefit cost at beginning of fiscal year $ 1,711 $ 1,643 Net periodic benefit (cost) income for fiscal year (298 ) 68 Employer contributions to plan — — Prepaid benefit cost at end of fiscal year $ 1,413 $ 1,711 Change in projected benefit obligation: Projected benefit obligation at beginning of fiscal year $ 8,350 $ 8,107 Interest cost 336 326 Actuarial experience and changes in assumptions 554 549 Benefits paid (360 ) (632 ) Settlements (977 ) — Projected benefit obligation at end of fiscal year $ 7,903 $ 8,350 Change in plan assets: Fair value of plan assets at beginning of fiscal year $ 7,926 $ 8,151 Actual return on plan assets 38 407 Benefits paid (360 ) (632 ) Settlements (977 ) $ — Fair value of plan assets at end of fiscal year $ 6,627 $ 7,926 Amounts recognized in the Consolidated Balance Sheets: Pension liability — non-current portion (1,276 ) (424 ) Funded status — total balance sheet liability $ (1,276 ) $ (424 ) Plan participants receive retiree benefits from the plan through regular annuity payments (benefits paid) or through one-time, lump-sum distributions (settlements). The Company’s policy is to fund the plan based upon legal requirements and tax regulations. For fiscal year 2016 and 2015, no cash contributions were required or made to the plan. Based upon current actuarial calculations and assumptions, no cash contributions are anticipated for fiscal year 2017. Anticipated contributions, if any, are reflected as a current portion of the pension liability. During the fiscal year 2014, $59 was contributed to the pension plan. Pension related amounts recognized in other comprehensive income (loss), excluding tax effects were as follows: For fiscal years 2016 2015 2014 Amortization of unrecognized net actuarial loss $ 153 $ 81 $ 128 Pro rata recognition of lump-sum settlements 333 — 85 Net actuarial (loss) gain (1,040 ) (702 ) 234 Total recognized in other comprehensive income (loss) $ (554 ) $ (621 ) $ 447 The amounts in accumulated other comprehensive loss on the consolidated balance sheets, excluding tax effects, that have not yet been recognized as components of net periodic benefit cost were as follows: July 3, June 30, Accumulated other comprehensive loss: Net actuarial loss $ 2,689 $ 2,134 Total $ 2,689 $ 2,134 The estimated amount that will be amortized from accumulated other comprehensive loss, pre-tax, into net periodic pension cost in fiscal year 2017 is expected to total $208 , consisting of amortization of unrecognized actuarial loss as well as lump sum settlement charges. Expected benefit payments for the defined benefit pension plan for the next ten fiscal years are as follows: For fiscal years 2017 $ 745 2018 664 2019 585 2020 587 2021 539 2022 – 2026 2,406 Total $ 5,526 The Company’s investment policy related to pension plan assets is based on a review of the actuarial and funding characteristics of the plan. Capital market risk and return opportunities are also considered. The investment policy’s primary objective is to achieve a long-term rate of return consistent with the actuarially determined requirements of the plan, as well as maintaining an asset level sufficient to meet the plan’s benefit obligations. A target allocation range between asset categories has been established to enable flexibility in investment, allowing for a better alignment between the long-term nature of pension plan liabilities, invested assets and current and anticipated market returns on those assets. Below is a summary of pension plan asset allocations by asset category: Weighted average allocation for fiscal years Target 2016 2015 Equity securities 40%-70% 59 % 60 % Fixed income (debt) securities 30%-60% 38 % 37 % Cash and cash equivalents 0%-10% 3 % 3 % 100 % 100 % The fair value of all the defined benefit pension plan assets is based on quoted prices in active markets for identical assets which are considered Level 1 inputs within the fair value hierarchy described in Note 2, Summary of Significant Accounting Policies, of the "Notes to Consolidated Financial Statements" in this form 10-K. The total estimated fair value of plan assets by asset class were as follows: July 3, June 30, Asset Class: Equity securities: Directly held corporate stock — Large Cap $ 2,408 $ 2,394 Registered investment companies — Large Cap 1,139 1,079 Registered investment companies — Mid-Cap Growth — 287 Registered investment companies — Small-Cap 151 359 Registered investment companies — International 205 646 Fixed income (debt) securities: Registered investment companies — Intermediate Bond 2,520 2,896 Cash and cash equivalents 204 265 Total assets measured at fair value $ 6,627 $ 7,926 During the fourth quarter of fiscal year 2016, the Company adopted Accounting Standards Update No. 2015-04 (“ASU 2015-04”), Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. As a result, for pension reporting as of July 3, 2016, the Company was able to calculate the pension plan assets and obligations using information as of June 30, 2016 without the additional expense of adjusting the June 30, 2016 information for activity that occurred between June 30, 2016 and July 3, 2016. Defined Contribution Plans Substantially all of the Company’s U.S. employees are eligible to participate in the Company’s 401(k) defined contribution plan. The plan allows employees to contribute up to 100% of their eligible compensation up to a maximum amount allowed by law and provides that the Company may, at its discretion, make matching contributions, profit sharing contributions or qualified non-elective contributions. During each of the fiscal years 2016 , 2015 and 2014 , the Company matched 50% of participants’ contributions up to 6% of their eligible compensation. Under the plan, at the election of the participant, both employee and employer contributions may be invested in any of the available investment options, which include Sparton common stock. As of July 3, 2016 , approximately 103,000 shares of Sparton common stock were held in the 401(k) plan. Amounts expensed related to the Company’s matching contributions and administrative expenses for the plan were $1,475 , $1,233 and $1,106 for fiscal years 2016 , 2015 and 2014 , respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jul. 03, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Operating Leases — The Company is obligated under operating lease agreements for certain manufacturing and administrative facilities and a portion of its production machinery and data processing equipment. Such leases, some of which are non-cancelable and in many cases include purchase or renewal options, expire at various dates and typically provide for monthly payments over a fixed term in equal amounts. Some of these leases provide for escalating minimum monthly base rental payments. Generally, the Company is responsible for maintenance, insurance and property taxes relating to these leased assets. At July 3, 2016 , the future minimum annual lease payments under these agreements are as follows: For fiscal years 2017 $ 2,529 2018 2,041 2019 1,485 2020 1,340 2021 744 Thereafter 1,638 Total $ 9,777 Rent expense was $3,573 , $2,480 and $1,520 for fiscal years 2016 , 2015 and 2014 , respectively. Included in rent expense for fiscal years 2016 , 2015 and 2014 was $250 , $493 and $315 , respectively, of contingent rent expense primarily relating to the Company’s corporate headquarters in Schaumburg, Illinois and its Frederick, Colorado facility. During the third quarter of fiscal year 2016, the Company entered into sublease agreements totaling $1.0 million related to its Lawrenceville, GA manufacturing facility and its Irvine, CA design center, the largest of which extends through May of 2018. Environmental Remediation — Environmental Remediation - Sparton has been involved with ongoing environmental remediation since the early 1980’s related to one of its former manufacturing facilities, located in Albuquerque, New Mexico (“Coors Road”). Although the Company entered into a long-term lease of the Coors Road property that was accounted for as a sale of property during fiscal year 2010, it remains responsible for the remediation obligations related to its past operation of this facility. During the fourth quarter of each fiscal year, Sparton performs a review of its remediation plan, which includes remediation methods currently in use, desired outcomes, progress to date, anticipated progress and estimated costs to complete the remediation plan by fiscal year 2030, following the terms of a March 2000 Consent Decree. The Company’s minimum cost estimate is based upon existing technology and excludes certain legal costs, which are expensed as incurred. The Company’s estimate includes equipment and operating and maintenance costs for onsite and offsite pump and treat containment systems, as well as continued onsite and offsite monitoring. It also includes periodic reporting requirements. The reviews performed in the fourth quarters of fiscal years 2016 and 2015 did not result in changes to the related liability. During the 2014 review, the Company found: additional concentrations of contaminants on-site that required clean-up actions previously not included within the remediation plan; progress to date on the removal of certain other on-site contaminants was taking place slower than previously anticipated; and that certain efficiencies regarding periodic reporting were not being realized as had been previously anticipated. The discovery of additional on-site contaminants, slower than expected removal rates of other on-site contaminants and continued high periodic reporting costs added significant additional costs to the remediation project that are expected to continue for a number of years. As a result, the remaining estimated minimum future undiscounted costs of this financial liability increased to $8,228 at June 30, 2014, thereby requiring a $4,238 non-cash charge against operations in the fourth quarter of fiscal year 2014. As of July 3, 2016 and June 30, 2015 , Sparton has accrued $6,701 and $7,792 , respectively, as its estimate of the remaining minimum future undiscounted financial liability with respect to this matter, of which $584 and $675 , respectively, are classified as a current liability and included on the balance sheet in other accrued expenses. In fiscal year 2003, Sparton reached an agreement with the United States Department of Energy (“DOE”) and others to recover certain remediation costs. Under the settlement terms, Sparton received cash and obtained some degree of risk protection as the DOE agreed to reimburse Sparton for 37.5% of certain future environmental expenses in excess of $8,400 incurred from the date of settlement, of which $6,548 has been expended as of July 3, 2016 toward the $8,400 threshold. It is expected that the DOE reimbursements will commence in the years after fiscal year 2019. At July 3, 2016 and June 30, 2015 , the Company recognized $1,606 and $1,832 in long-term assets in relation to these expected reimbursements and is considered collectible. The DOE receivables of $1,606 at July 3, 2016 and $1,832 at June 30, 2015 are included in other non-current assets on the balance sheet. Uncertainties associated with environmental remediation contingencies are pervasive and often result in wide ranges of reasonably possible outcomes. Estimates developed in the early stages of remediation can vary significantly. Normally a finite estimate of cost does not become fixed and determinable at a specific point in time. Rather, the costs associated with environmental remediation become estimable over a continuum of events and activities that help to frame and define a liability. Factors which cause uncertainties for the Company include, but are not limited to, the effectiveness of the current work plans in achieving targeted results and proposals of regulatory agencies for desired methods and outcomes. It is possible that cash flows and results of operations could be materially affected by the impact of changes associated with the ultimate resolution of this contingency. At July 3, 2016 , the Company estimates that it is reasonably possible, but not probable, that future environmental remediation costs associated with the Company’s past operations at the Coors Road property, in excess of amounts already recorded, could be up to $2,690 before income taxes over the next fourteen years, with this amount expected to be offset by related reimbursement from the DOE for a net amount of $1,009 . The Company and its subsidiaries are also involved in certain existing compliance issues with the EPA and various state agencies, including being named as a potentially responsible party at several sites. Potentially responsible parties ("PRPs") can be held jointly and severally liable for the clean-up costs at any specific site. The Company’s past experience, however, has indicated that when it has contributed relatively small amounts of materials or waste to a specific site relative to other PRPs, its ultimate share of any clean-up costs has been minor. Based upon available information, the Company believes it has contributed only small amounts to those sites in which it is currently viewed as a PRP and that reasonably possible losses related to these compliance issues are immaterial. Litigation — On September 24, 2013, L-3 Communications Corporation, doing business as L-3 Linkabit ("L-3"), filed a complaint in the United States District Court for the Middle District of Florida, Orlando Division, against Sparton Corporation and Sparton Electronics. On August 24 , 2015, Sparton and L-3 signed a mutual accord resolving the dispute. The agreement required Sparton to pay L-3 $2,500 , which the Company paid as per the agreement on October 1, 2015, in consideration for dismissal of the litigation. Neither party admitted to any mistakes, damage or fault. In addition to the foregoing, from time to time, the Company is involved in various legal proceedings relating to claims arising in the ordinary course of business. The Company is not currently a party to any other such legal proceedings, the adverse outcome of which, individually or in the aggregate, is expected to have a material adverse effect on our business, financial condition or results of operations. U.S. Government Audits — Federal government agencies, including the Defense Contract Audit Agency and the Defense Contract Management Agency, routinely audit and evaluate government contracts and government contractors’ administrative processes and systems. These agencies review the Company’s performance on contracts, pricing practices, cost structure, financial capability and compliance with applicable laws, regulations and standards. They also review the adequacy of the Company’s internal control systems and policies, including the Company’s purchasing, accounting, estimating, compensation and management information processes and systems. The Company works closely with these agencies to ensure compliance. The Company is not currently aware of any issues of noncompliance that would have a material impact on the Company’s financial position or results of operations.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Jul. 03, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation The Company has a long-term incentive plan. The Sparton Corporation 2010 Long-Term Incentive Plan (the “2010 Plan”) was approved by the Company’s shareholders on October 28, 2009. Under the 2010 Plan, the Company may grant to employees, officers and directors of the Company or its subsidiaries incentive and non-qualified stock options, stock appreciation rights, restricted stock or restricted stock units, performance awards and other stock-based awards, including grants of shares . Restricted stock awards granted to date to employees under the 2010 Plan vest annually over four years, subject to achievement of certain financial performance metrics in addition to the service requirements . Unrestricted stock awards granted to date under the 2010 Plan represent annual stock grants to directors as a component of their overall compensation. The 2010 Plan has a term of ten years. The total number of shares that may be awarded under the 2010 Plan is 1,000,000 shares of common stock, of which amount, 546,395 shares remain available for awards as of July 3, 2016 . The following table shows stock-based compensation expense (credit) by type of share-based award included in the consolidated statements of operations: For fiscal years 2016 2015 2014 Fair value expense of stock option awards $ 286 $ 352 $ — Restricted stock units 273 518 — Restricted stock (270 ) 1,015 1,662 Total stock-based compensation $ 289 $ 1,885 $ 1,662 Restricted stock-based compensation reflects a reduction in expense in fiscal year 2016 as a result of the separation of certain executives from the Company. The following table shows the total remaining unrecognized compensation cost related to restricted stock grants, restricted stock units grants and the fair value expense of stock option awards, as well as the weighted average remaining required service period over which such costs will be recognized as of July 3, 2016 : Total Remaining Unrecognized Compensation Cost Weighted Average Remaining Required Service Period (in years) Fair value expense of stock option awards $ 404 1.97 Restricted stock units 925 1.90 Restricted stock 94 1.17 $ 1,423 1.89 During fiscal year 2016 , the Company awarded an aggregate of 129,800 stock options to certain members of management with a weighted average exercise price of $23.02 . The fair value of each stock option is estimated at the grant date using the Black-Scholes option pricing method. The table below outlines the weighted average assumptions used for the options granted during fiscal year 2016 : Weighted Average Risk free interest rate 1.79 % Volatility 34.00 % Dividend yield — Expected life in years 6.25 Fair value $8.45 The risk-free interest rate was determined using the then implied yield currently available for zero-coupon U.S. government issues with a remaining term equal to the expected life of the stock options. The expected volatility assumption used in the Black-Scholes option pricing models was based on the historical volatility of the Company’s common stock. The Company does not currently intend to pay cash dividends and thus has assumed a 0% dividend yield. The Company estimates the expected life for stock options based on expected future exercise patterns. Stock Options The following is a summary of activity for fiscal years 2016 and 2015 related to stock options granted under the Company’s 2010 plan: Number of Options Weighted-Average Exercise Price Options outstanding as of June 30, 2014 38,543 $ 8.57 Granted 123,684 26.58 Exercised (19,247 ) 8.57 Forfeited (35,396 ) 16.89 Options outstanding as of June 30, 2015 107,584 26.54 Granted 129,800 23.02 Vested (25,650 ) 26.64 Forfeited (110,137 ) 24.68 Options outstanding as of July 3, 2016 101,597 24.11 The stock options outstanding at July 3, 2016 have exercise prices ranging from $22.09 to $26.86 , a weighted average exercise price of $24.11 and a weighted average remaining contractual life of 8.82 years. Of the outstanding stock options, 13,818 of these options were exercisable at a weighted average exercise price of $26.45 and a weighted average remaining contractual life of 8.45 years. Restricted Stock Units The following is a summary of activity for fiscal years 2016 and 2015 related to restricted stock units granted under the Company’s 2010 plan: Shares Weighted Average Fair Value Restricted stock units at June 30, 2014 — $ — Granted 75,045 26.70 Forfeited (12,217 ) 26.35 Restricted stock units at June 30, 2015 62,828 26.77 Granted 96,754 23.02 Forfeited (80,308 ) 24.74 Restricted stock units at July 3, 2016 79,274 24.25 Restricted Stock The following is a summary of activity for fiscal years 2016 and 2015 related to restricted stock granted under the Company’s 2010 plan: Shares Weighted Average Fair Value Restricted stock at June 30, 2014 316,997 $ 12.38 Granted 26,793 25.86 Vested (172,459 ) 11.16 Forfeited (39,032 ) 19.56 Restricted stock at June 30, 2015 132,299 14.58 Vested (27,346 ) 7.88 Forfeited (52,302 ) 15.92 Restricted stock at July 3, 2016 52,651 16.72 The total fair value of restricted stock vested in fiscal years 2016, 2015 and 2014 was $630 , $4,315 and $1,638 , respectively.

(Loss) Earnings Per Share Data

(Loss) Earnings Per Share Data	12 Months Ended
	Jul. 03, 2016
Earnings Per Share [Abstract]
Earnings Per Share Data	(Loss) Earnings Per Share Data (Loss) earnings per share calculations, including weighted average number of shares of common stock outstanding used in calculating basic and diluted (loss) income per share are as follows: For fiscal years 2016 2015 2014 Net (loss) income $ (38,283 ) $ 10,989 $ 12,987 Less net (loss) income allocated to contingently issuable participating securities — (126 ) — Net (loss) income available to common shareholders $ (38,283 ) $ 10,863 $ 12,987 Weighted average shares outstanding – Basic 9,786,315 9,874,441 10,109,915 Dilutive effect of stock options — 11,520 31,480 Weighted average shares outstanding – Diluted 9,786,315 9,885,961 10,141,395 Net (loss) income available to common shareholders per share: Basic $ (3.91 ) $ 1.10 $ 1.28 Diluted $ (3.91 ) $ 1.10 $ 1.28 No adjustment for net loss available to common shareholders was required for fiscal year 2016 as 52,651 unvested restricted shares did not participate in the net loss for the year. For fiscal years 2015 and 2014, net income available to common shareholders was reduced by allocated earnings associated with unvested restricted shares of 132,299 and 316,997 , respectively. There were 101,597 potential shares of common stock issuable upon exercise of stock options excluded from diluted income or loss per share computations for fiscal 2016, as they were anti-dilutive due to the net loss. No potential shares of common stock issuable upon exercise of stock options were excluded from diluted income per share computations for fiscal years 2015 and 2014, because none would have been anti-dilutive.

Stock Repurchase Plan

Stock Repurchase Plan	12 Months Ended
	Jul. 03, 2016
Equity [Abstract]
Stock Repurchase Plan	Stock Repurchase Plan On October 22, 2014, the Company’s Board of Directors approved a repurchase by the Company of up to $5,000 of shares of its common stock. The Company was authorized to purchase shares from time to time in open market, block and privately negotiated transactions. The stock repurchase program did not require the Company to repurchase any specific number of shares. Pursuant to this stock repurchase program, during fiscal year 2015, the Company purchased 181,278 shares of its common stock at an average price of $27.55 per share for approximately $5,000 . Shares purchased under the plan were canceled upon repurchase. As of July 3, 2016 , all authorized funds under the stock repurchase program have been expended.

Restructuring Activities

Restructuring Activities	12 Months Ended
	Jul. 03, 2016
Restructuring and Related Activities [Abstract]
Restructuring Activities	Restructuring Activities During the second quarter of fiscal year 2016, the Company announced the closing of its Lawrenceville, GA manufacturing operations and the consolidation of the Irvine, CA design center into the Irvine, CA manufacturing operations to optimize the Company’s manufacturing and design facility footprint and realize synergies from the Company’s acquisitions. These restructuring activities are substantially complete as of the end of the fourth quarter of fiscal year 2016. Manufacturing activities have been transferred and the facilities are occupied by subtenants. The remaining reserve balances represent amounts for manufacturing transition at the new facilities, lease payments net of sublease income and severance payments. Termination Benefits Exit / Other Costs Total Restructuring reserve as of June 30, 2015 $ — $ — $ — Provision 820 1,540 2,360 Payments (408 ) (1,677 ) (2,085 ) Costs adjustments (353 ) 199 (154 ) Restructuring reserve as of July 3, 2016 $ 59 $ 62 $ 121

Business Segments

Business Segments	12 Months Ended
	Jul. 03, 2016
Segment Reporting [Abstract]
Business Segments	Business Segments The Company is a provider of design, development and manufacturing services for complex electromechanical devices, as well as sophisticated engineered products complementary to the same electromechanical value stream. The Company serves the Medical & Biotechnology, Military & Aerospace and Industrial & Commercial markets through two reportable business segments; Manufacturing & Design Services and Engineered Components & Products. Reportable segments are defined as components of an enterprise for which separate financial information is available and is evaluated regularly by the chief operating decision maker ("CODM") in assessing performance and allocating resources. The Company's CODM is its Senior Vice President of Operations. During the first quarter of fiscal year 2015, the Company changed the way it internally reports, manages and the CODM evaluates the business and subsequently revised its reportable segments. The prior reportable segments of Medical and Complex Systems have been combined and are referred to as Manufacturing and Design Services ("MDS"). The Company's Medical customers (former Medical segment) and Military & Aerospace customers (former Complex Systems segment) have been combined as the economics of the underlying customer base, the nature of the products and services and the production process are significantly similar. As a result of this change in the reporting of segments, the CODM's assessment of the performance of medical customers separately from Military & Aerospace customers is no longer meaningful in assessing performance and allocating resources. In the MDS segment, the Company performs contract manufacturing and design services utilizing customer-owned intellectual property. The prior Defense and Security Systems reportable segment is now referred to as Engineered Components and Products ("ECP"). In the ECP segment, the Company performs manufacturing and design services using the Company's intellectual property. The Company has restated the prior periods to conform to the current year's presentation. The Company uses an internal management reporting system, which provides important financial data to evaluate performance and allocate the Company's resources on a segment basis. Net sales are attributed to the segment in which the product is manufactured or service is performed. A segment's performance is evaluated based upon its operating income, contribution margin, gross margin and a variety of other factors. A segment's operating income includes its gross profit on sales less its selling and administrative expenses, including allocations of certain corporate operating expenses. Certain corporate operating expenses are allocated to segment results based on the nature of the service provided. Other corporate operating expenses, including certain administrative, financial and human resource activities as well as items such as interest expense, interest income, other income (expense) and income taxes are not allocated to operations and are excluded from segment profit. These costs are not allocated to the segments, as management excludes such costs when assessing the performance of the segments. Inter-segment transactions are generally accounted for at amounts that approximate arm's length transactions. Identifiable assets by segments are those assets that are used in each segment's operations. The accounting policies for each of the segments are the same as for the Company taken as a whole. Manufacturing and Design Services segment operations are comprised of contract design, manufacturing and aftermarket repair and refurbishment of sophisticated printed circuit card assemblies, sub-assemblies, full product assemblies and cable/wire harnesses for customers seeking to bring their intellectual property to market. Additionally, Sparton is a developer of embedded software and software quality assurance services in connection with medical devices and diagnostic equipment. Customers include OEM and ET customers serving the Medical & Biotechnology, Military & Aerospace and Industrial & Commercial markets. In engineering and manufacturing for its customers, this segment adheres to very strict military and aerospace specifications, Food and Drug Administration (“FDA”) guidelines and approvals, in addition to product and process certifications. Engineered Components and Products segment operations are comprised of design, development and production of proprietary products for both domestic and foreign defense as well as commercial needs. Sparton designs and manufactures ASW devices known as sonobuoys for the U.S. Navy and foreign governments that meet Department of State licensing requirements. This segment also performs an engineering development function for the United States military and prime defense contractors for advanced technologies ultimately leading to future defense products as well as replacements for existing products. The sonobuoy product line is built to stringent military specifications. These products are restricted by International Tariff and Arms Regulations (“ITAR”) and qualified by the U.S. Navy, which limits opportunities for competition. This segment is also a provider of rugged flat panel display systems for military panel PC workstations, air traffic control and industrial and commercial marine applications, as well as high performance industrial grade computer systems and peripherals. Rugged displays are manufactured for prime contractors, in some cases to specific military grade specifications. Additionally, this segment internally develops and markets commercial products for underwater acoustics and microelectromechanical (“MEMS”)-based inertial measurement. Operating results and certain other financial information about the Company’s two reportable segments were as follows: Fiscal year 2016 Manufacturing & Design Services Engineered Components & Products Unallocated Eliminations Total Net sales $ 282,076 $ 154,559 $ — $ (17,273 ) $ 419,362 Gross profit 34,788 45,360 — — 80,148 Selling and administrative expenses (incl. depreciation) 23,813 15,482 15,856 — 55,151 Internal research and development expenses — 2,344 — — 2,344 Restructuring charges 2,206 — — — 2,206 Impairment of goodwill 64,174 — — — 64,174 Depreciation and amortization 11,826 2,573 1,276 — 15,675 Operating (loss) income (61,813 ) 25,880 (15,856 ) — (51,789 ) Capital expenditures 2,182 1,244 2,672 — 6,098 Total assets at July 3, 2016 $ 167,277 $ 69,627 $ 9,094 $ — $ 245,998 Fiscal year 2015 Manufacturing & Design Services Engineered Components & Products Unallocated Eliminations Total Net sales $ 263,940 $ 136,315 $ — $ (18,130 ) $ 382,125 Gross profit 36,461 38,353 — — 74,814 Selling and administrative expenses (incl. depreciation) 18,615 11,038 17,316 — 46,969 Internal research and development expenses — 1,502 — — 1,502 Depreciation and amortization 8,875 1,648 713 — 11,236 Operating income 9,535 25,033 (17,316 ) — 17,252 Capital expenditures 1,599 1,294 2,909 — 5,802 Total assets at June 30, 2015 $ 238,777 $ 64,880 $ 33,894 $ — 337,551 Fiscal year 2014 Manufacturing & Design Services Engineered Components & Products Unallocated Eliminations Total Net sales $ 246,129 $ 109,134 $ — $ (18,762 ) $ 336,501 Gross profit 34,782 30,168 — — 64,950 Selling and administrative expenses (incl. depreciation) 14,449 8,750 12,483 — 35,682 Internal research and development expenses — 1,169 — — 1,169 Restructuring charges 188 — — — 188 Depreciation and amortization 6,576 1,149 398 — 8,123 Operating income 17,029 19,943 (16,721 ) — 20,251 Capital expenditures 1,412 1,090 999 — 3,501

Business, Geographic and Sales

Business, Geographic and Sales Concentration	12 Months Ended
	Jul. 03, 2016
Business Geographic and Sales Concentration [Abstract]
Business, Geographic and Sales Concentration	Business, Geographic and Sales Concentration Sales to individual customers in excess of 10% of total net sales were as follows: For fiscal years 2016 2015 2014 U.S. Navy 22 % 25 % 19 % Fenwal Blood Technologies N/A 10 % 14 % Sales to the United States Navy, including those made through the Company’s ERAPSCO joint venture, are included in the results of the Company’s ECP segment. Sales to Fenwal Blood Technologies are included in the results of the Company’s MDS segment. Net sales were made to customers located in the following countries: For fiscal years 2016 2015 2014 United States $ 369,127 $ 345,643 $ 296,328 Other foreign countries 50,235 36,482 40,173 Consolidated total $ 419,362 $ 382,125 $ 336,501 No other single country or currency zone accounted for 10% or more of export sales in the fiscal years 2016 , 2015 , or 2014 . ASW devices and related engineering contract services to the U.S. government and foreign countries contributed $119,291 , ( 28% ), $110,201 , ( 29% ) and $92,840 , ( 28% ), respectively, to total net sales for fiscal years 2016 , 2015 and 2014 . The Company’s investment in property, plant and equipment, which are located in the United States, Canada and Vietnam, are summarized, net of accumulated depreciation, as follows: July 3, 2016 June 30, 2015 United States $ 29,867 $ 30,205 Canada 23 — Vietnam 3,430 2,403 Consolidated total $ 33,320 $ 32,608

Quarterly Results of Operations

Quarterly Results of Operations (Unaudited)	12 Months Ended
	Jul. 03, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations (Unaudited)	Quarterly Results of Operations (Unaudited): Quarter 1st 2nd 3rd 4th Fiscal year 2016 Net sales $ 106,691 $ 103,529 $ 102,175 $ 106,967 Gross profit 21,138 18,521 19,067 21,422 Net income (loss) 2,394 268 1,136 (42,081 ) Income (loss) per share - Basic 0.24 0.03 0.12 (4.30 ) Income (loss) per share - Diluted 0.24 0.03 0.12 (4.30 ) Fiscal year 2015 Net sales $ 77,025 $ 85,642 $ 93,065 $ 126,393 Gross profit 12,853 15,206 18,665 28,090 Net income 196 1,562 4,133 5,098 Income per share - Basic 0.02 0.16 0.42 0.52 Income per share - Diluted 0.02 0.16 0.42 0.51

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Jul. 03, 2016
Valuation and Qualifying Accounts [Abstract]
VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS (In thousands) Fiscal Years Balance at Beginning of Period Additions Charged to Costs and Expenses Allowance for Losses Acquired Write-Offs/ Dispositions Balance at End of Period 2016 Allowance for losses on accounts receivable $ 173 $ 583 $ — $ (349 ) $ 407 2015 Allowance for losses on accounts receivable $ 126 $ 47 $ 97 $ (97 ) $ 173 2014 Allowance for losses on accounts receivable $ 61 $ 87 $ 57 $ (79 ) $ 126

Summary of Significant Accoun27

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jul. 03, 2016
Accounting Policies [Abstract]
Basis of presentation and principles of consolidation	Basis of presentation and principles of consolidation — The consolidated financial statements include the accounts of Sparton Corporation and subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All significant intercompany accounts and transactions have been eliminated in consolidation. Certain reclassifications of prior year amounts have been made to conform to the current year presentation.
Use of estimates	Use of estimates — Management of the Company has made a number of estimates, judgments and assumptions relating to the reporting of assets and liabilities and the disclosure of contingent liabilities at the dates of the consolidated balance sheets and revenue and expense during the reporting periods to prepare these consolidated financial statements in conformity with GAAP. Actual results could differ from those estimates.
Cash and cash equivalents	Cash and cash equivalents — Cash and cash equivalents include cash on hand, demand deposits and money market funds with original maturities of three months or less. Cash equivalents are stated at cost which approximates fair value.
Accounts receivable credit practices and allowances for doubtful accounts	Accounts receivable, credit practices and allowances for doubtful accounts — Accounts receivable are customer obligations generally due under normal trade terms for the industry. Credit terms are granted and periodically revised based on evaluations of the customers’ financial condition. The Company performs ongoing credit evaluations of its customers and although the Company does not generally require collateral, letters of credit or cash advances may be required from customers in order to support accounts receivable in certain circumstances. The Company maintains an allowance for doubtful accounts on receivables for estimated losses resulting from the inability of its customers to make required payments. The allowance is estimated primarily based on information known about specific customers with respect to their ability to make payments and future expectations of conditions that might impact the collectability of accounts. When management determines that it is probable that an account will not be collected, all or a portion of the amount is charged against the allowance for doubtful accounts.
Inventories and costs of contracts in progress	Inventories and costs of contracts in progress — Inventories are valued at the lower of cost (first-in, first-out basis) or market and include costs related to long-term contracts as disclosed below. Inventories, other than contract costs, are principally raw materials and supplies. Certain United States government contracts allow Sparton to submit performance based billings, which are then applied against inventories purchased and manufacturing costs incurred by the Company throughout its performance under these contracts. Inventories were reduced by performance based payments from the U.S. government for costs incurred related to long-term contracts, thereby establishing inventory to which the U.S. government then has title, of $8,963 and $7,456 respectively, at July 3, 2016 and June 30, 2015 . At July 3, 2016 and June 30, 2015 , current liabilities include performance based payments of $0 and $1,756 , respectively, on government contracts. As these payments were in excess of cost, there is no inventory to which the government would claim title and, therefore, no offset to inventory has been made. Customer orders are based upon forecasted quantities of product manufactured for shipment over defined periods. Raw material inventories are purchased to fulfill these customer requirements. Within these arrangements, customer demands for products frequently change, sometimes creating excess and obsolete inventories. The Company regularly reviews raw material inventories by customer for both excess and obsolete quantities. Wherever possible, the Company attempts to recover its full cost of excess and obsolete inventories from customers or, in some cases, through other markets. When it is determined that the Company’s carrying cost of such excess and obsolete inventories cannot be recovered in full, a charge is taken against income for the difference between the carrying cost and the estimated realizable amount. These cost adjustments for excess and obsolete inventory create a new cost basis for the inventory.
Property, plant and equipment, net	Property, plant and equipment, net — Property, plant and equipment are stated at cost less accumulated depreciation. Major improvements and upgrades are capitalized while ordinary repair and maintenance costs are expensed as incurred. Depreciation is provided over estimated useful lives on both straight-line and accelerated methods.
Goodwill and other intangible assets	Goodwill — Goodwill resulting from business combinations represents the excess of purchase price over the fair value of the net assets of the businesses acquired. Goodwill is not amortized, but rather tested for impairment annually, as well as whenever there are events or changes in circumstances (triggering events) which suggest that the carrying value of goodwill may not be recoverable. The Company performs its annual goodwill impairment testing in the fourth quarter based on its historical financial results through the third quarter end. The goodwill impairment test is performed at the reporting unit level, which is the lowest level at which goodwill is evaluated for management purposes. The Company has identified reporting units to be its two reportable business segments - MDS and ECP for fiscal years 2016 and 2015. In fiscal year 2014 the Company had three reportable business segments determined to be its identified reporting units - Medical, Complex Systems and DSS. The Company may elect to perform a qualitative assessment for its annual goodwill impairment test. If the qualitative assessment indicates that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, or if Sparton elects to not perform a qualitative assessment, then the Company would be required to perform a quantitative impairment test for goodwill. The quantitative impairment analysis is a two-step process. First, the Company determines the fair value of the reporting unit and compares it to its carrying value. The fair value of reporting units is determined based on a weighting of both projected discounted future results and comparative market multiples. The projected discounted future results (discounted cash flow approach) is based on assumptions that are consistent with the Company’s estimates of future growth and the strategic plan used to manage the underlying business. Factors requiring significant judgment include assumptions related to future revenue growth rates, operating margins, terminal growth rates and discount factors, amongst other considerations. If the carrying value of the reporting unit exceeds the fair value in the first step, a second step is performed to measure the amount of an impairment loss. In the second step, an impairment loss is recognized for any excess of the carrying value of the reporting unit’s goodwill over its implied fair value. The implied fair value of goodwill is determined by allocating the fair value of the reporting unit using a residual fair value allocation. The residual fair value allocated to goodwill is the implied fair value of the reporting unit's goodwill. The Company’s fair value estimates related to its goodwill impairment analyses are based on Level 3 inputs within the fair value hierarchy as described below in this note under “Fair value measurements.” Determining the fair value of any reporting unit and intangible asset is judgmental in nature and involves the use of significant estimates and assumptions. The Company bases its fair value estimates on assumptions believed to be reasonable, but which are unpredictable and inherently uncertain. Actual future results may differ from those estimates. Circumstances that may lead to future impairment of goodwill include, but are not limited to, unforeseen decreases in future performance or industry demand, a further loss of a significant customer, or the inability to achieve sufficient organic revenue growth to offset fluctuations in customer demand. The Company's fiscal year 2014 quantitative annual tests of goodwill (Step 1) related to the Medical, Complex Systems and DSS reporting units resulted in fair values in excess of the related carrying values of the assets and as such did not indicate that the related goodwill was impaired. The Company determined at that time that the fair value of the three reporting units substantially exceeded their carrying values, by 70% , 33% and over 1,100% , respectively. In fiscal 2015, the Company elected to perform the optional qualitative assessment of goodwill and concluded that it was more likely than not that the fair value of goodwill in its reporting units was in excess of its respective carrying amount and therefore, no further testing was required. In fiscal 2016, the Step 1 impairment testing of goodwill was performed and resulted in the carrying values of its MDS reporting unit in excess of its fair value indicating potential impairment. The decline in value in the MDS reporting unit was a result of the underperformance of the Company’s most recent acquisition (Hunter Technology Corporation), and the inability to achieve sufficient organic revenue growth to offset the loss of a large customer due to insourcing, as well as revenue declines due to fluctuations in customer demand across the MDS reporting unit. The Company performed the Step 2 analysis of goodwill impairment for this reporting unit and based on the valuation of the reporting unit as well as the fair value of the reporting unit's individual tangible and intangible assets, it was determined that goodwill within this reporting unit was fully impaired. As such, the Company recorded an impairment of goodwill charge of $64,174 . Prior to the fourth quarter of fiscal 2016, no triggering events or other facts and circumstances were identified that indicated that it was more likely than not that the fair value of the MDS segment was less than its carrying value. The impairment recognized in the fourth quarter of fiscal 2016 was a result of the continued underperformance of the acquired Hunter Technology Corporation operations and the inability of the Company to achieve sufficient organic revenue growth to offset fluctuations in customer demands. The fair value of the Company’s ECP reporting unit was in excess of its carrying value and, as such, indicated no impairment of goodwill. Other Intangible Assets — The Company’s intangible assets other than goodwill represent the values assigned to acquired customer relationships, acquired non-compete agreements, acquired trademarks/trade names and acquired unpatented technology. At July 3, 2016 , customer relationships and non-compete agreements totaling $27,650 and $1,998 , respectively, are included in the MDS segment, while customer relationships, non-compete agreements, trademarks/trade names and unpatented technology totaling $4,975 , $195 , $1,382 and $733 , respectively, are included in the ECP segment. The impairment test for these intangible assets is conducted when impairment indicators are present. The Company continually evaluates whether events or circumstances have occurred that would indicate the remaining estimated useful lives of its intangible assets warrant revision or that the remaining balance of such assets may not be recoverable. The Company uses an estimate of the related undiscounted cash flows over the remaining life of the asset in measuring whether the asset is recoverable. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge would be recognized for the amount that the carrying amount of the asset exceeds the fair value of the asset. The Company’s fair value estimates related to its intangible assets impairment analyses are based on Level 3 inputs within the fair value hierarchy as described below in this note under “Fair value measurements.” The Company had a third-party valuation of the recoverability of intangible assets performed in the fourth quarter of fiscal 2016 and it was determined that the assets were fully recoverable and no write-down of such assets was necessary. Acquired customer relationships are being amortized using an accelerated methodology over periods of seven to fifteen years. Acquired non-compete agreements are being amortized on a straight-line basis over periods of two to five years as the ratable decline in value over time is most consistent with the contractual nature of these assets. Acquired trademarks/trade names are being amortized on a straight-line basis over periods of one to ten years and acquired unpatented technology is being amortized using an accelerated methodology over seven years.
Impairment of long-lived assets	Impairment of long-lived assets — The Company reviews other long-lived assets that are not held for sale (including intangibles other than goodwill) for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is determined by comparing the carrying value of the assets to their estimated future undiscounted cash flows. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset group exceeds the fair value of the asset group. Assets to be disposed of are reported at the lower of the carrying amount or fair value less costs to sell and are reviewed at least quarterly.
Stock-based compensation	Stock-based compensation — The Company measures the cost of employee and director services received in exchange for an award of equity-based securities using the fair value of the award on the date of the grant. The Company recognizes that cost on a straight-line basis over the period that the award recipient is required to provide service to the Company in exchange for the award and, for certain awards, subject to the probability that related performance targets will be met.
(Loss) earnings per share	(Loss) earnings per share — Basic (loss) earnings per share is based on the weighted average number of common shares and participating securities outstanding during the period. Diluted earnings or loss per share include the dilutive effect of additional potential common shares issuable under our stock-based compensation plans and are determined using the treasury stock method. Unvested restricted stock awards, which contain non-forfeitable rights to dividends whether paid or unpaid, are included in the number of shares outstanding for both basic and diluted earnings or loss per share calculations. Unvested contingently issuable participating restricted shares are excluded from basic (loss) earnings per share. In the event of a net loss, unvested restricted stock awards are excluded from the calculation of both basic and diluted loss per share.
Income taxes	Income taxes - Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement amounts of assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in future years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rate is recognized in income in the period that includes the enactment date. Deferred tax assets are reduced through the establishment of a valuation allowance at the time, based upon available evidence, it becomes more likely than not that the deferred tax assets will not be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate resolution. Management also assesses whether uncertain tax positions, as filed, could result in the recognition of a liability for possible interest and penalties. The Company's policy is to include interest and penalties related to unrecognized tax benefits as a component of income tax expense.
ERAPSCO Agreement	ERAPSCO Agreement — Sparton is a 50 / 50 joint venture (“JV”) partner with UnderSea Sensor Systems, Inc. (“USSI”), the only other major producer of U.S. derivative sonobuoys. USSI’s parent company is Ultra Electronics Holdings PLC, based in the United Kingdom. The JV operates under the name ERAPSCO and allows Sparton and USSI to combine their own unique and complementary backgrounds to jointly develop and produce U.S. derivative sonobuoy designs for the U.S. Navy as well as foreign governments that meet Department of State licensing requirements. ERAPSCO maintains the DBA Sonobuoy TechSystems through which it conducts business directly with foreign governments. In concept, and in practice, ERAPSCO serves as a pass-through entity maintaining no funds or assets. While the JV provides the opportunity to maximize efficiencies in the design and development of the related sonobuoys, both of the joint venture partners function independently as subcontractors; therefore, there is no separate entity to be accounted for or consolidated. The Board of Directors of ERAPSCO has the responsibility for the overall management and operation of the JV. The six member board consists of equal representation (full time employees) from both JV partners for three year terms. Personnel necessary for the operation of ERAPSCO, specifically a president, vice president, general manager, contract administrator and financial manager, are similarly assigned by the JV partners for rotating three year terms and the costs of these assigned individuals are borne by the party assigning the personnel. In response to a customer request for proposal (“RFP”) that ERAPSCO will bid on, the Board of Directors of ERAPSCO approves both the composition of a response to the RFP and the composite bid to be submitted to the customer. The Board of Directors strives to divide the aggregate contract awards at a 50 / 50 share ratio. Each JV partner bears the costs it incurs associated with the preparation and submission of proposals. Each JV partner submits to ERAPSCO a proposal for the estimated price of performing that portion of the RFP applicable to it. Upon award of a contract to the JV, separate subcontracts are generated between ERAPSCO and each of the JV partners defining the responsibilities and compensation. These subcontracts contain terms and conditions consistent with the prime contract. Each JV partner is responsible to ERAPSCO for the successful execution of its respective scope of work under its subcontract and each JV partner is individually accountable for the profit or losses sustained in the execution of the subcontract against its respective bid. In some instances, either Sparton or USSI handles the complete production and delivery of sonobuoys to ERAPSCO's customer. In other instances, either Sparton or USSI starts the production and ship completed subassemblies to the other party for additional processing before being delivered to the customers. Under ERAPSCO, individual contract risk exposures are reduced, while the likelihood of achieving U.S. Navy and other ASW objectives is enhanced. ERAPSCO has been in existence since 1987 and historically, the agreed upon products included under the JV were generally developmental sonobuoys. In 2007 , the JV expanded to include all future sonobuoy development and substantially all U.S. derivative sonobuoy products for customers outside of the United States. The JV was further expanded three years later to include all sonobuoy products for the U.S. Navy beginning with U.S. Navy's 2010 fiscal year contracts.
Revenue recognition	Revenue recognition — The Company’s net sales are comprised primarily of product sales, with supplementary revenues earned from engineering and design services. Standard contract terms are FOB shipping point. Revenue from product sales is generally recognized upon shipment of the goods; service revenue is recognized as the service is performed or under the percentage of completion method, depending on the nature of the arrangement. Long-term contracts related to ECP sonobuoy sales to the U.S. Navy and foreign government customers that require lot acceptance testing recognize revenue under the units-of-production percentage of completion method. The Company additionally has certain other long-term contracts that are accounted for under the units shipped percentage-of-completion method. Certain upfront engineering costs in relation to certain of these long-term contracts are capitalized and recognized over the life of the contract.
Advertising Costs	Advertising Costs — The Company expenses advertising costs as they are incurred.
Research and development expenditures	Research and development expenditures — Internal research and development expenses reflect costs incurred for the internal development of technologies for use in undersea warfare, navigation, hand held targeting applications as wells as rugged computer and display devices. These costs include salaries and related expenses, contract labor and consulting costs, materials and the cost of certain research and development specific equipment.
Fair value measurements	Fair value measurements — Fair value estimates and assumptions and methods used to estimate the fair value of the Company’s assets and liabilities are made in accordance with the requirements of the Financial Accounting Standards Board (the “FASB”), Accounting Standards Codification (“ASC”) Topic 820, “Fair Value Measurements and Disclosures” (“ASC 820”). ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. As a basis for considering such assumptions, ASC 820 establishes a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1 are observable inputs such as quoted prices in active markets; Level 2 are inputs other than the quoted prices in active markets that are observable either directly or indirectly; and Level 3 are unobservable inputs in which there is little or no market data, which require the Company to develop its own assumptions. This hierarchy requires the Company to use observable market data when available and to minimize the use of unobservable inputs when determining fair value.
Market risk exposure	Market risk exposure — The Company manufactures its products in the United States, Canada and Vietnam. Sales of the Company’s products are in the U.S. and foreign markets. The Company is subject to foreign currency exchange rate risk relating to intercompany activity and balances and to receipts from customers and payments to suppliers in foreign currencies. Adjustments related to the remeasurement of the Company's Canadian and Vietnamese financial statements into U.S. dollars are included in current earnings. As a result, the Company's financial results could be affected by factors such as changes in foreign currency exchange rates or economic conditions in the domestic and foreign markets in which the Company operates. However, minimal third party receivables and payables are denominated in foreign currency and the related market risk exposure is considered to be immaterial.
New accounting standards	New accounting standards — In May 2014, the FASB issued Accounting Standards Update No. 2014-09 ("ASU 2014-09"), Revenue from Contracts with Customers , which amends guidance for revenue recognition. Under the new standard, revenue will be recognized when control of the promised goods or services is transferred to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods and services. The standard creates a five-step model that will generally require companies to use more judgment and make more estimates than under current guidance when considering the terms of contracts along with all relevant facts and circumstances. These include the identification of customer contracts and separating performance obligations, the determination of transaction price that potentially includes an estimate of variable consideration, allocating the transaction price to each separate performance obligation, and recognizing revenue in line with the pattern of transfer. In August 2015, the FASB issued an amendment to defer the effective date for all entities by one year. The new standard will become effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted as of annual reporting periods beginning after December 15, 2016. Companies have the option of using either a full or modified retrospective approach in applying this standard. During fiscal 2016, the FASB issued three additional updates which further clarify the guidance provided in ASU 2014-09. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update No. 2015-03 ("ASU 2015-03"), Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. ASU 2015-03 changes the presentation of debt issuance costs for term debt in the balance sheet by requiring the debt issuance costs to be presented as a direct deduction from the related debt liability, rather than recorded as an asset. In August 2015, the FASB issued clarification to the guidance in ASU 2015-03 regarding presentation and subsequent measurement of debt issuance costs related to line-of-credit arrangements. The new standard provides clarification regarding costs to secure revolving lines of credit and indicates that the SEC staff would not object to an entity deferring and presenting costs associated with line-of-credit arrangements as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in this update. The provisions of this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, although early adoption is permitted. When adopted, this guidance must be applied on a retrospective basis. The adoption of this guidance is not expected to have a significant impact on the Company's consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update No. 2015-04 (“ASU 2015-04”), Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. ASU 2015-04 provides a practical expedient that permits the entity to measure defined benefit plan assets and obligations using the month-end that is closest to the entity’s fiscal year-end when an entity’s fiscal year-end does not coincide with a month-end. ASU 2015-04 will be effective for fiscal years and interim periods beginning after December 15, 2015. ASU 2015-04 is required to be applied prospectively and early adoption is permitted. The Company adopted this guidance in fiscal year 2016. The adoption of this guidance did not have a significant impact on the Company’s consolidated financial statements. In July 2015, the FASB issued Accounting Standards Update No. 2015-11 ("ASU 2015-11"), Simplifying the Measurement of Inventory. ASU 2015-11 clarifies that inventory should be held at the lower of cost or net realizable value. Net realizable value is defined as the estimated selling price, less the estimated costs to complete, dispose and transport such inventory. ASU 2015-11 will be effective for fiscal years and interim periods beginning after December 15, 2016. ASU 2015-11 is required to be applied prospectively and early adoption is permitted. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes , which requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as non-current in the balance sheet. As a result, each jurisdiction will now only have one net non-current deferred tax asset or liability. However, the new guidance does not change the existing requirement that only permits offsetting within a jurisdiction. Companies are still prohibited from offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. The amendments in this accounting standard are effective for public companies for interim and annual reporting periods beginning after December 15, 2016, with early application permitted. The Company has applied the change in accounting as of July 3, 2016. As such, the amounts previously reported as current deferred tax assets and non-current deferred tax liabilities were decreased by $4,714 and $0 , respectively, and amounts previously reported as non-current deferred tax assets were increased by $4,714 in the Consolidated Balance Sheet as of June 30, 2015. The change in accounting principle did not have an impact on the Company’s results of operations, cash flows or stockholders’ equity. In February 2016, the FASB issued Accounting Standards Update No. 2016-02 (“ASU 2016-02”), Leases (Topic 842) . ASU 2016-02 establishes a right-of-use (ROU) model that requires a lessee to record a ROU asset and a lease liability on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. ASU 2016-02 is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. A modified retrospective transition approach is required for capital leases and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements, with certain practical expedients available. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements. In March 2016, the FASB issued Accounting Standards Update No. 2016-09 ("ASU 2016-09"), Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 will directly impact the tax administration of equity plans. ASU 2016-09 is effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. Early adoption is permitted and any adjustments should be reflected as of the beginning of the fiscal year that includes that interim period. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements. In June 2016, the FASB issued Accounting Standards Update No. 2016-13 ("ASU 2016-13"), Financial Instruments—Credit Losses (Topic 326) . ASU 2016-13 requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. ASU 2016-13 is effective for fiscal years beginning after December 15, 2019 and early adoption is permitted. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements. In August 2016, the FASB issued Accounting Standards Update No. 2016-15 ("ASU 2016-15"), Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments . ASU 2016-15 will make eight targeted changes to how cash receipts and cash payments are presented and classified in the statement of cash flows. ASU 2016-15 is effective for fiscal years beginning after December 15, 2017. The new standard will require adoption on a retrospective basis unless it is impracticable to apply, in which case it would be required to apply the amendments prospectively as of the earliest date practicable. The Company is currently in the process of evaluating the impact of adoption on its consolidated financial statements.

Summary of Significant Accoun28

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jul. 03, 2016
Accounting Policies [Abstract]
Other noncurrent assets	Other non-current assets consist of the following: July 3, June 30, Deferred engineering and design costs - non-current $ 2,263 $ 2,089 Environmental remediation - indemnification asset 1,606 1,832 Favorable lease, net 256 374 Deferred financing fees, net 1,563 1,169 Investment in securities available for sale — 847 Other 1,004 840 Total other non-current assets $ 6,692 $ 7,151
Reconciliation for liabilities measured at fair value, recurring	The table below presents a reconciliation for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for fiscal years 2016 and 2015 . June 30, Purchase or additions June 30, Write-down July 3, Liabilities: Contingent consideration $ — $ 1,530 $ 1,530 $ (1,530 ) $ —

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Jul. 03, 2016
Business Combinations [Abstract]
Allocation of the total consideration to assets acquired and liabilities assumed	The following table represents the allocation of the total consideration to assets acquired and liabilities assumed in the 2014 acquisitions based on Sparton’s estimate of their respective fair values at the acquisition date: Aubrey Beckwood Aydin Total purchase consideration: Cash $ 5,300 $ 15,300 $ 15,000 Cash consideration paid for excess cash 573 — — Working capital adjustment (252 ) 46 502 Total purchase consideration $ 5,621 $ 15,346 $ 15,502 Assets acquired and liabilities assumed: Cash $ 1,056 $ — $ — Accounts receivable 680 1,157 2,279 Inventories 184 2,075 6,601 Deferred income taxes 4 108 — Other current assets 22 122 895 Property, plant and equipment 221 83 582 Customer relationships — 10,000 1,500 Non-compete agreements 140 280 — Tradenames and trademarks — — 180 Unpatented technology — — 650 Goodwill 4,510 6,731 2,181 Deferred income taxes - non-current 290 (3,761 ) — Other long-term assets — 8 2,292 Accounts payable (173 ) (866 ) (1,215 ) Other current liabilities (1,313 ) (591 ) (443 ) Total assets acquired and liabilities assumed $ 5,621 $ 15,346 $ 15,502 The following table represents the allocation of the total consideration to assets acquired and liabilities assumed in the 2015 acquisitions based on Sparton’s estimate of their respective fair values at the acquisition date: Hunter Stealth KEP Marine RTEmd Argotec IED eMT Total purchase consideration: Cash $ 55,194 $ 12,558 $ 4,300 $ 2,332 $ 350 $ 3,000 $ 20,000 Common stock 673 — — — — — — Section 338 gross-up payable 572 — — — — — — Working capital adjustment — — (147 ) 103 75 292 1,600 Income tax adjustment — — — — — (271 ) 469 Total purchase consideration $ 56,439 $ 12,558 $ 4,153 $ 2,435 $ 425 $ 3,021 $ 22,069 Assets acquired and liabilities assumed: Cash $ 687 $ — $ — $ 206 $ — $ — $ 1,505 Accounts receivable 10,455 360 — 273 — — 4,444 Inventories 15,683 562 1,203 134 55 450 4,090 Other current assets 419 — — 6 — — 26 Property, plant and equipment 3,195 — — 7 118 — 584 Customer relationships 15,400 3,375 1,200 800 — — 5,950 Non-compete agreements 420 94 — — — 700 2,730 Tradenames and trademarks — 1,256 180 — 20 180 80 Unpatented technology — 690 — — — — — Goodwill 29,277 6,718 1,570 1,930 232 1,962 6,959 Deferred income taxes - non-current — — — (279 ) — (271 ) — Other long-term assets 263 — — 4 — — 30 Accounts payable (15,756 ) (425 ) — (14 ) — — (3,636 ) Other current liabilities (3,604 ) (72 ) — (632 ) — — (693 ) Total assets acquired and liabilities assumed $ 56,439 $ 12,558 $ 4,153 $ 2,435 $ 425 $ 3,021 $ 22,069
The combined results of operations of the Company and the acquired contract manufacturing businesses	The pro forma amounts presented are not necessarily indicative of either the actual consolidated results had the acquisitions occurred as of July 1, 2013 and 2012, respectively, or of future consolidated operating results (unaudited): For fiscal years 2015 2014 Net sales $ 461,734 $ 465,229 Income before income taxes 19,345 33,654 Net income 15,219 27,296 Net income per share — basic 1.54 2.70 Net income per share — diluted 1.54 2.69
Provisional Information, Initial Accounting Incomplete, Adjustments	he Company elected to adopt Accounting Standards Update No. 2015-16, Business Combinations (Topic 805) Simplifying the Accounting for Measurement-Period Adjustment . As a result, during fiscal year 2016, the Company recorded adjustments to the opening balance sheets of Hunter and RTEmd as follows: Changes to goodwill: Inventory $ 5,052 Accounts receivable 386 Property, plant and equipment (974 ) Intangible assets - customer relationships (700 ) Other assets and liabilities, net (352 ) Non-cash adjustments 3,412 Adjustment to purchase consideration (750 ) Total $ 2,662

Inventories and Cost of Contr30

Inventories and Cost of Contracts in Progress, net (Tables)	12 Months Ended
	Jul. 03, 2016
Inventory Disclosure [Abstract]
Classifications of inventory, net of interim billings	The following are the major classifications of inventory, net of interim billings: July 3, June 30, Raw materials $ 40,914 $ 60,668 Work in process 23,626 19,047 Finished goods 22,294 7,244 Total inventory and cost of contracts in progress, gross 86,834 86,959 Inventory to which the U.S. government has title due to interim billings (8,963 ) (7,456 ) Total inventory and cost of contracts in progress, net $ 77,871 $ 79,503

Property, Plant and Equipment31

Property, Plant and Equipment, net (Tables)	12 Months Ended
	Jul. 03, 2016
Property, Plant and Equipment [Abstract]
Property, plant and equipment, net	Property, plant and equipment, net consists of the following: July 3, June 30, Land and land improvements $ 1,429 $ 1,429 Buildings and building improvements 27,660 27,482 Machinery and equipment 43,134 36,923 Construction in progress 1,372 2,278 Total property, plant and equipment 73,595 68,112 Less accumulated depreciation (40,275 ) (35,504 ) Property, plant and equipment, net $ 33,320 $ 32,608

Other Non-current Assets (Table

Other Non-current Assets (Tables)	12 Months Ended
	Jul. 03, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Assets, Noncurrent	Other non-current assets consist of the following: July 3, June 30, Deferred engineering and design costs - non-current $ 2,263 $ 2,089 Environmental remediation - indemnification asset 1,606 1,832 Favorable lease, net 256 374 Deferred financing fees, net 1,563 1,169 Investment in securities available for sale — 847 Other 1,004 840 Total other non-current assets $ 6,692 $ 7,151

Goodwill and Other Intangible33

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jul. 03, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Carrying value and ending composition of goodwill	Changes in the carrying value of goodwill and ending composition of goodwill are as follows: July 3, 2016 Manufacturing & Design Services Engineered Components & Products Total Goodwill, beginning of period $ 61,512 $ 12,663 $ 74,175 Additions to goodwill 2,662 — 2,662 Impairment of goodwill (64,174 ) — (64,174 ) Goodwill, end of period $ — $ 12,663 $ 12,663 June 30, 2015 Manufacturing & Design Services Engineered Components & Products Total Goodwill, beginning of period $ 26,008 $ 2,181 $ 28,189 Additions to goodwill 35,504 10,482 45,986 Goodwill, end of period $ 61,512 $ 12,663 $ 74,175 July 3, 2016 Manufacturing & Design Services Engineered Components & Products Total Acquired goodwill $ 77,327 $ 12,663 $ 89,990 Accumulated impairment (77,327 ) — (77,327 ) Goodwill $ — $ 12,663 $ 12,663 June 30, 2015 Manufacturing & Design Services Engineered Components & Products Total Acquired goodwill $ 74,665 $ 12,663 $ 87,328 Accumulated impairment (13,153 ) — (13,153 ) Goodwill $ 61,512 $ 12,663 $ 74,175
Aggregate amortization expense relative to existing intangible assets	The amortization periods, gross carrying amounts, accumulated amortization, accumulated impairments and net carrying values of intangible assets are as follows: July 3, 2016 Original Amortization Period in Months Gross Carrying Amount Accumulated Amortization Accumulated Impairments Net Carrying Value Amortized intangible assets: Non-compete agreements 24 - 60 $ 4,229 $ (2,036 ) $ — $ 2,193 Customer relationships 84 - 180 57,295 (21,007 ) (3,663 ) 32,625 Trademarks/tradenames 12 - 120 1,696 (314 ) — 1,382 Unpatented technology 84 1,341 (608 ) — 733 $ 64,561 $ (23,965 ) $ (3,663 ) $ 36,933 June 30, 2015 Original Amortization Period in Months Gross Carrying Amount Accumulated Amortization Accumulated Impairments Net Carrying Value Amortized intangible assets: Non-compete agreements 24 - 60 $ 4,229 $ (1,100 ) $ — $ 3,129 Customer relationships 84 - 180 56,595 (12,806 ) (3,663 ) 40,126 Trademarks/tradenames 12 - 120 1,696 (145 ) — 1,551 Unpatented technology 84 1,341 (322 ) — 1,019 $ 63,861 $ (14,373 ) $ (3,663 ) $ 45,825
Summary of Intangible Assets, net	Aggregate amortization expense relative to existing intangible assets for the periods shown is currently estimated to be as follows: For fiscal years 2017 $ 8,496 2018 7,334 2019 6,302 2020 4,774 2021 3,729 2022 and thereafter 6,298 Total $ 36,933

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jul. 03, 2016
Income Tax Disclosure [Abstract]
Income (loss) before income taxes by country	(Loss) income before income taxes by country consists of the following amounts: For fiscal years 2016 2015 2014 United States $ (56,184 ) $ 14,533 $ 18,915 Vietnam 364 38 691 Canada 321 384 (4 ) $ (55,499 ) $ 14,955 $ 19,602
Components of provision for income taxes	Income taxes consists of the following components: For fiscal years 2016 2015 2014 Current: United States $ 544 $ 4,317 $ 6,913 Vietnam 130 6 134 Canada — 15 — State and local 672 501 544 1,346 4,839 7,591 Deferred: United States (16,133 ) 465 (852 ) Vietnam (8 ) — 7 Canada 141 (1,055 ) — State and local (2,562 ) (283 ) (131 ) (18,562 ) (873 ) (976 ) $ (17,216 ) $ 3,966 $ 6,615
Effective income tax rate reconciliation to statutory income tax rate	The consolidated effective income tax rate differs from the statutory U.S. federal tax rate for the following reasons and by the following percentages: For fiscal years 2016 2015 2014 Statutory U.S. federal income tax rate 35.0 % 35.0 % 35.0 % Significant increases (reductions) resulting from: Changes in valuation allowance — (7.5 ) — Domestic production activities deduction 0.3 (2.7 ) (2.7 ) Goodwill impairment (8.3 ) — — Foreign tax rate differences 0.2 (0.2 ) (0.7 ) State and local income taxes, net of federal benefit 2.7 2.7 2.3 Research and development tax credit 1.4 — — Audits (0.3 ) — — Other — (0.8 ) (0.2 ) Effective income tax rate 31.0 % 26.5 % 33.7 %
Components of deferred tax assets and liabilities	Significant components of deferred income tax assets and liabilities are as follows: July 3, June 30, Deferred tax assets: Goodwill $ 17,258 $ (5 ) Environmental remediation 1,953 2,254 Inventories 4,553 3,298 Employment and compensation accruals 1,595 1,341 Capital loss carryover 263 263 State tax carryovers 213 373 Canadian tax carryovers 933 1,164 Pension asset 450 148 Intangible assets 2,042 — Other 1,866 2,463 Deferred tax assets 31,126 11,299 Less valuation allowance (263 ) (393 ) Deferred tax assets, net 30,863 10,906 Deferred tax liabilities: Property, plant and equipment (2,935 ) (1,430 ) Intangible assets — (237 ) Other (2,144 ) (2,326 ) Deferred tax liabilities (5,079 ) (3,993 ) Net deferred tax assets $ 25,784 $ 6,913

Employee Retirement Benefit P35

Employee Retirement Benefit Plans (Tables)	12 Months Ended
	Jul. 03, 2016
Defined Benefit and Defined Contribution Pension Plans Disclosure [Abstract]
Components of net periodic pension expense	The components of net periodic pension expense were as follows: For fiscal years 2016 2015 2014 Interest cost 336 326 355 Expected return on plan assets (524 ) (560 ) (524 ) Amortization of unrecognized net actuarial loss 153 81 128 Net periodic income cost (35 ) (153 ) (41 ) Pro rata recognition of lump-sum settlements 333 — 85 Total periodic pension expense (income) $ 298 $ (153 ) $ 44
Weighted average assumptions used to determine benefit obligations and net periodic benefit cost	The weighted average assumptions used to determine benefit obligations and net periodic benefit cost were as follows: Benefit Obligation Benefit Cost 2016 2015 2014 2016 2015 2014 Discount rate 3.70 % 4.45 % 4.35 % 4.45 % 4.35 % 4.75 % Rate of compensation increase N/A N/A N/A — — — Expected long-term rate on plan assets N/A N/A N/A 7.50 % 7.50 % 7.50 %
Summary of changes in benefit obligations, plan assets and funded status of the plan	The following tables summarize the changes in benefit obligations, plan assets and funded status of the plan: July 3, June 30, Change in prepaid benefit cost: Prepaid benefit cost at beginning of fiscal year $ 1,711 $ 1,643 Net periodic benefit (cost) income for fiscal year (298 ) 68 Employer contributions to plan — — Prepaid benefit cost at end of fiscal year $ 1,413 $ 1,711 Change in projected benefit obligation: Projected benefit obligation at beginning of fiscal year $ 8,350 $ 8,107 Interest cost 336 326 Actuarial experience and changes in assumptions 554 549 Benefits paid (360 ) (632 ) Settlements (977 ) — Projected benefit obligation at end of fiscal year $ 7,903 $ 8,350 Change in plan assets: Fair value of plan assets at beginning of fiscal year $ 7,926 $ 8,151 Actual return on plan assets 38 407 Benefits paid (360 ) (632 ) Settlements (977 ) $ — Fair value of plan assets at end of fiscal year $ 6,627 $ 7,926 Amounts recognized in the Consolidated Balance Sheets: Pension liability — non-current portion (1,276 ) (424 ) Funded status — total balance sheet liability $ (1,276 ) $ (424 )
Pension related amounts recognized in other comprehensive income (loss), excluding tax effects	Pension related amounts recognized in other comprehensive income (loss), excluding tax effects were as follows: For fiscal years 2016 2015 2014 Amortization of unrecognized net actuarial loss $ 153 $ 81 $ 128 Pro rata recognition of lump-sum settlements 333 — 85 Net actuarial (loss) gain (1,040 ) (702 ) 234 Total recognized in other comprehensive income (loss) $ (554 ) $ (621 ) $ 447
Unrecognized amounts in accumulated other comprehensive loss	The amounts in accumulated other comprehensive loss on the consolidated balance sheets, excluding tax effects, that have not yet been recognized as components of net periodic benefit cost were as follows: July 3, June 30, Accumulated other comprehensive loss: Net actuarial loss $ 2,689 $ 2,134 Total $ 2,689 $ 2,134
Expected benefit payments for the defined benefit pension plan	Expected benefit payments for the defined benefit pension plan for the next ten fiscal years are as follows: For fiscal years 2017 $ 745 2018 664 2019 585 2020 587 2021 539 2022 – 2026 2,406 Total $ 5,526
Summary of pension plan asset allocations	Below is a summary of pension plan asset allocations by asset category: Weighted average allocation for fiscal years Target 2016 2015 Equity securities 40%-70% 59 % 60 % Fixed income (debt) securities 30%-60% 38 % 37 % Cash and cash equivalents 0%-10% 3 % 3 % 100 % 100 %
Estimated fair value of plan assets by asset class	The total estimated fair value of plan assets by asset class were as follows: July 3, June 30, Asset Class: Equity securities: Directly held corporate stock — Large Cap $ 2,408 $ 2,394 Registered investment companies — Large Cap 1,139 1,079 Registered investment companies — Mid-Cap Growth — 287 Registered investment companies — Small-Cap 151 359 Registered investment companies — International 205 646 Fixed income (debt) securities: Registered investment companies — Intermediate Bond 2,520 2,896 Cash and cash equivalents 204 265 Total assets measured at fair value $ 6,627 $ 7,926

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jul. 03, 2016
Commitments and Contingencies Disclosure [Abstract]
Future minimum annual lease payments	At July 3, 2016 , the future minimum annual lease payments under these agreements are as follows: For fiscal years 2017 $ 2,529 2018 2,041 2019 1,485 2020 1,340 2021 744 Thereafter 1,638 Total $ 9,777

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jul. 03, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense by type of share-based award	The table below outlines the weighted average assumptions used for the options granted during fiscal year 2016 : Weighted Average Risk free interest rate 1.79 % Volatility 34.00 % Dividend yield — Expected life in years 6.25 Fair value $8.45 The following table shows stock-based compensation expense (credit) by type of share-based award included in the consolidated statements of operations: For fiscal years 2016 2015 2014 Fair value expense of stock option awards $ 286 $ 352 $ — Restricted stock units 273 518 — Restricted stock (270 ) 1,015 1,662 Total stock-based compensation $ 289 $ 1,885 $ 1,662
Unrecognized compensation cost related to restricted stock grants and the fair value expense of stock option awards	The following table shows the total remaining unrecognized compensation cost related to restricted stock grants, restricted stock units grants and the fair value expense of stock option awards, as well as the weighted average remaining required service period over which such costs will be recognized as of July 3, 2016 : Total Remaining Unrecognized Compensation Cost Weighted Average Remaining Required Service Period (in years) Fair value expense of stock option awards $ 404 1.97 Restricted stock units 925 1.90 Restricted stock 94 1.17 $ 1,423 1.89
Summary of activities related to company's stock options granted	The following is a summary of activity for fiscal years 2016 and 2015 related to stock options granted under the Company’s 2010 plan: Number of Options Weighted-Average Exercise Price Options outstanding as of June 30, 2014 38,543 $ 8.57 Granted 123,684 26.58 Exercised (19,247 ) 8.57 Forfeited (35,396 ) 16.89 Options outstanding as of June 30, 2015 107,584 26.54 Granted 129,800 23.02 Vested (25,650 ) 26.64 Forfeited (110,137 ) 24.68 Options outstanding as of July 3, 2016 101,597 24.11
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted under long-term incentive plans	The following is a summary of activity for fiscal years 2016 and 2015 related to restricted stock units granted under the Company’s 2010 plan: Shares Weighted Average Fair Value Restricted stock units at June 30, 2014 — $ — Granted 75,045 26.70 Forfeited (12,217 ) 26.35 Restricted stock units at June 30, 2015 62,828 26.77 Granted 96,754 23.02 Forfeited (80,308 ) 24.74 Restricted stock units at July 3, 2016 79,274 24.25
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted under long-term incentive plans	The following is a summary of activity for fiscal years 2016 and 2015 related to restricted stock granted under the Company’s 2010 plan: Shares Weighted Average Fair Value Restricted stock at June 30, 2014 316,997 $ 12.38 Granted 26,793 25.86 Vested (172,459 ) 11.16 Forfeited (39,032 ) 19.56 Restricted stock at June 30, 2015 132,299 14.58 Vested (27,346 ) 7.88 Forfeited (52,302 ) 15.92 Restricted stock at July 3, 2016 52,651 16.72

(Loss) Earnings Per Share Data

(Loss) Earnings Per Share Data (Tables)	12 Months Ended
	Jul. 03, 2016
Earnings Per Share [Abstract]
Earnings per share	(Loss) earnings per share calculations, including weighted average number of shares of common stock outstanding used in calculating basic and diluted (loss) income per share are as follows: For fiscal years 2016 2015 2014 Net (loss) income $ (38,283 ) $ 10,989 $ 12,987 Less net (loss) income allocated to contingently issuable participating securities — (126 ) — Net (loss) income available to common shareholders $ (38,283 ) $ 10,863 $ 12,987 Weighted average shares outstanding – Basic 9,786,315 9,874,441 10,109,915 Dilutive effect of stock options — 11,520 31,480 Weighted average shares outstanding – Diluted 9,786,315 9,885,961 10,141,395 Net (loss) income available to common shareholders per share: Basic $ (3.91 ) $ 1.10 $ 1.28 Diluted $ (3.91 ) $ 1.10 $ 1.28

Restructuring Activities (Table

Restructuring Activities (Tables)	12 Months Ended
	Jul. 03, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs	The remaining reserve balances represent amounts for manufacturing transition at the new facilities, lease payments net of sublease income and severance payments. Termination Benefits Exit / Other Costs Total Restructuring reserve as of June 30, 2015 $ — $ — $ — Provision 820 1,540 2,360 Payments (408 ) (1,677 ) (2,085 ) Costs adjustments (353 ) 199 (154 ) Restructuring reserve as of July 3, 2016 $ 59 $ 62 $ 121

Business Segments (Tables)

Business Segments (Tables)	12 Months Ended
	Jul. 03, 2016
Segment Reporting [Abstract]
Operating results and other financial information by segment	Operating results and certain other financial information about the Company’s two reportable segments were as follows: Fiscal year 2016 Manufacturing & Design Services Engineered Components & Products Unallocated Eliminations Total Net sales $ 282,076 $ 154,559 $ — $ (17,273 ) $ 419,362 Gross profit 34,788 45,360 — — 80,148 Selling and administrative expenses (incl. depreciation) 23,813 15,482 15,856 — 55,151 Internal research and development expenses — 2,344 — — 2,344 Restructuring charges 2,206 — — — 2,206 Impairment of goodwill 64,174 — — — 64,174 Depreciation and amortization 11,826 2,573 1,276 — 15,675 Operating (loss) income (61,813 ) 25,880 (15,856 ) — (51,789 ) Capital expenditures 2,182 1,244 2,672 — 6,098 Total assets at July 3, 2016 $ 167,277 $ 69,627 $ 9,094 $ — $ 245,998 Fiscal year 2015 Manufacturing & Design Services Engineered Components & Products Unallocated Eliminations Total Net sales $ 263,940 $ 136,315 $ — $ (18,130 ) $ 382,125 Gross profit 36,461 38,353 — — 74,814 Selling and administrative expenses (incl. depreciation) 18,615 11,038 17,316 — 46,969 Internal research and development expenses — 1,502 — — 1,502 Depreciation and amortization 8,875 1,648 713 — 11,236 Operating income 9,535 25,033 (17,316 ) — 17,252 Capital expenditures 1,599 1,294 2,909 — 5,802 Total assets at June 30, 2015 $ 238,777 $ 64,880 $ 33,894 $ — 337,551 Fiscal year 2014 Manufacturing & Design Services Engineered Components & Products Unallocated Eliminations Total Net sales $ 246,129 $ 109,134 $ — $ (18,762 ) $ 336,501 Gross profit 34,782 30,168 — — 64,950 Selling and administrative expenses (incl. depreciation) 14,449 8,750 12,483 — 35,682 Internal research and development expenses — 1,169 — — 1,169 Restructuring charges 188 — — — 188 Depreciation and amortization 6,576 1,149 398 — 8,123 Operating income 17,029 19,943 (16,721 ) — 20,251 Capital expenditures 1,412 1,090 999 — 3,501

Business, Geographic and Sale41

Business, Geographic and Sales Concentration (Tables)	12 Months Ended
	Jul. 03, 2016
Business Geographic and Sales Concentration [Abstract]
Sales to individual customers in excess of 10% of total net sales	Sales to individual customers in excess of 10% of total net sales were as follows: For fiscal years 2016 2015 2014 U.S. Navy 22 % 25 % 19 % Fenwal Blood Technologies N/A 10 % 14 %
Net sales made to customers by country	Net sales were made to customers located in the following countries: For fiscal years 2016 2015 2014 United States $ 369,127 $ 345,643 $ 296,328 Other foreign countries 50,235 36,482 40,173 Consolidated total $ 419,362 $ 382,125 $ 336,501
Capital expenditures net of accumulated depreciation by country	The Company’s investment in property, plant and equipment, which are located in the United States, Canada and Vietnam, are summarized, net of accumulated depreciation, as follows: July 3, 2016 June 30, 2015 United States $ 29,867 $ 30,205 Canada 23 — Vietnam 3,430 2,403 Consolidated total $ 33,320 $ 32,608

Quarterly Results of Operatio42

Quarterly Results of Operations (Unaudited) (Tables)	12 Months Ended
	Jul. 03, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations	Quarterly Results of Operations (Unaudited): Quarter 1st 2nd 3rd 4th Fiscal year 2016 Net sales $ 106,691 $ 103,529 $ 102,175 $ 106,967 Gross profit 21,138 18,521 19,067 21,422 Net income (loss) 2,394 268 1,136 (42,081 ) Income (loss) per share - Basic 0.24 0.03 0.12 (4.30 ) Income (loss) per share - Diluted 0.24 0.03 0.12 (4.30 ) Fiscal year 2015 Net sales $ 77,025 $ 85,642 $ 93,065 $ 126,393 Gross profit 12,853 15,206 18,665 28,090 Net income 196 1,562 4,133 5,098 Income per share - Basic 0.02 0.16 0.42 0.52 Income per share - Diluted 0.02 0.16 0.42 0.51

Summary of Significant Accoun43

Summary of Significant Accounting Policies (Details Textual) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 27, 2015	Jul. 03, 2016USD ($)segmentmember	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)segment
Summary of Significant Accounting Policies (Textual) [Abstract]
Advanced billings reduced from inventory		$ 8,963	$ 7,456
Performance based payments on customer contracts		0	1,756
Inventory write-down		1,653	927	$ 468
Deferred engineering and design costs		$ 3,263	3,238
Deferred costs amortized to interest expense over the period		5 years
Amortized debt financing fees recognized and reported as interest expense		$ 298	$ 631	$ 119
Number of reportable business segments | segment		2	2	3
Impairment of goodwill		$ 64,174	$ 0	$ 0
Number of employees of JV owners as Board Members of ERAPSCO | member		6
Rotating Terms of employees of ERAPSCO		3 years
Number of years since original expansion of JV		3 years
Advance billings on government contracts, current		$ 0	1,756
Advertising expense		106	160	191
Internal research and development expenses		2,344	1,502	1,169
Customer funded research and development costs		16,736	9,944	$ 9,708
Long-term debt, net of current portion		97,206	154,500
Increase in interest expense		972
Deferred current tax assets		4,714	4,714
Deferred non-current tax assets		$ 0
Buildings and improvements | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Useful life		12 years
Buildings and improvements | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Useful life		39 years
Machinery and equipment
Summary of Significant Accounting Policies (Textual) [Abstract]
Useful life		12 years
Test equipment
Summary of Significant Accounting Policies (Textual) [Abstract]
Useful life		5 years
Prepaid expenses and other current assets
Summary of Significant Accounting Policies (Textual) [Abstract]
Deferred engineering and design costs		$ 1,000	1,149
Other non-current assets
Summary of Significant Accounting Policies (Textual) [Abstract]
Marketable equity securities		$ 0	$ 847
Favorable leasehold, net
Summary of Significant Accounting Policies (Textual) [Abstract]
Useful life of intangible asset	5 years
Customer relationships | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		7 years	7 years
Customer relationships | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		15 years	15 years
Non-compete agreements | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		2 years	2 years
Non-compete agreements | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		5 years	5 years
Trademarks/tradenames | Minimum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		1 year	1 year
Trademarks/tradenames | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		10 years	10 years
Unpatented technology
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		7 years
Unpatented technology | Maximum
Summary of Significant Accounting Policies (Textual) [Abstract]
Amortization period (in years)		84 months	84 months
Revolving Credit Facility
Summary of Significant Accounting Policies (Textual) [Abstract]
Deferred costs incurred in connection with revolving line-of-credit		$ 2,047
Basis points		1.00%
Manufacturing & Design Services
Summary of Significant Accounting Policies (Textual) [Abstract]
Percentage of fair value in excess of carrying value				70.00%
Impairment of goodwill		$ 64,174
Manufacturing & Design Services | Customer relationships
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible asset		27,650
Manufacturing & Design Services | Non-compete agreements
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible asset		1,998
CS
Summary of Significant Accounting Policies (Textual) [Abstract]
Percentage of fair value in excess of carrying value				33.00%
Engineered Components & Products
Summary of Significant Accounting Policies (Textual) [Abstract]
Percentage of fair value in excess of carrying value				1100.00%
Impairment of goodwill		0
Engineered Components & Products | Customer relationships
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible asset		4,975
Engineered Components & Products | Non-compete agreements
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible asset		195
Engineered Components & Products | Trademarks/tradenames
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible asset		1,382
Engineered Components & Products | Unpatented technology
Summary of Significant Accounting Policies (Textual) [Abstract]
Intangible asset		$ 733

Summary of Significant Accoun44

Summary of Significant Accounting Policies (Details) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Other noncurrent assets
Deferred engineering and design costs - non-current	$ 2,263	$ 2,089
Environmental remediation - indemnification asset	1,606	1,832
Favorable leasehold, net	36,933	45,825
Deferred financing fees, net	1,563	1,169
Investment in securities available for sale	0	847
Other	1,004	840
Total other non-current assets	6,692	7,151
Favorable leasehold, net
Other noncurrent assets
Favorable leasehold, net	$ 256	$ 374

Summary of Significant Accoun45

Summary of Significant Accounting Policies (Details 1) - Level 3 - Recurring basis - Contingent Consideration - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	$ 1,530	$ 0
Purchase or additions		1,530
Write-down	(1,530)
Ending Balance	$ 0	$ 1,530

Acquisitions Allocation of Tota

Acquisitions Allocation of Total Consideration to Assets Acquired and Liabilities Assumed (Details) CAD in Thousands	Apr. 14, 2015USD ($)	Mar. 16, 2015USD ($)	Mar. 16, 2015CAD	Jan. 21, 2015USD ($)	Jan. 20, 2015USD ($)	Dec. 08, 2014USD ($)	Dec. 03, 2014USD ($)	Jul. 09, 2014USD ($)	Mar. 17, 2014USD ($)	Dec. 11, 2013USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jul. 03, 2016USD ($)
Business Acquisition [Line Items]
Goodwill											$ 74,175,000	$ 28,189,000	$ 12,663,000
Hunter
Business Acquisition [Line Items]
Cash paid	$ 55,000,000										55,194,000
Common stock											673,000
Section 338 gross-up payable											572,000
Working capital adjustment											0
Income tax adjustment											0
Total purchase consideration											56,439,000
Cash											687,000
Accounts receivable											10,455,000
Inventories											15,683,000
Other current assets											419,000
Property, plant and equipment											3,195,000
Goodwill											29,277,000
Deferred income taxes - non-current											0
Other long-term assets											263,000
Accounts payable											(15,756,000)
Other current liabilities											(3,604,000)
Total assets acquired and liabilities assumed											56,439,000
Stealth
Business Acquisition [Line Items]
Cash paid		$ 12,558,000	CAD 16,000								12,558,000
Common stock											0
Section 338 gross-up payable											0
Working capital adjustment											0
Income tax adjustment											0
Total purchase consideration											12,558,000
Cash											0
Accounts receivable											360,000
Inventories											562,000
Other current assets											0
Property, plant and equipment											0
Goodwill											6,718,000
Deferred income taxes - non-current											0
Other long-term assets											0
Accounts payable											(425,000)
Other current liabilities											(72,000)
Total assets acquired and liabilities assumed											12,558,000
KEP Marine
Business Acquisition [Line Items]
Cash paid				$ 4,300,000							4,300,000
Common stock											0
Section 338 gross-up payable											0
Working capital adjustment											(147,000)
Income tax adjustment											0
Total purchase consideration											4,153,000
Cash											0
Accounts receivable											0
Inventories											1,203,000
Other current assets											0
Property, plant and equipment											0
Goodwill											1,570,000
Deferred income taxes - non-current											0
Other long-term assets											0
Accounts payable											0
Other current liabilities											0
Total assets acquired and liabilities assumed											4,153,000
RTEmd
Business Acquisition [Line Items]
Cash paid					$ 2,332,000						2,332,000
Common stock											0
Section 338 gross-up payable											0
Working capital adjustment											103,000
Income tax adjustment											0
Total purchase consideration											2,435,000
Cash											206,000
Accounts receivable											273,000
Inventories											134,000
Other current assets											6,000
Property, plant and equipment											7,000
Goodwill											1,930,000
Deferred income taxes - non-current											279,000
Other long-term assets											4,000
Accounts payable											(14,000)
Other current liabilities											(632,000)
Total assets acquired and liabilities assumed											2,435,000
Argotec
Business Acquisition [Line Items]
Cash paid						$ 350,000					350,000
Common stock											0
Section 338 gross-up payable											0
Working capital adjustment											75,000
Income tax adjustment											0
Total purchase consideration											425,000
Cash											0
Accounts receivable											0
Inventories											55,000
Other current assets											0
Property, plant and equipment											118,000
Goodwill											232,000
Deferred income taxes - non-current											0
Other long-term assets											0
Accounts payable											0
Other current liabilities											0
Total assets acquired and liabilities assumed											425,000
IED
Business Acquisition [Line Items]
Cash paid							$ 3,292,000				3,000,000
Common stock											0
Section 338 gross-up payable											0
Working capital adjustment											292,000
Income tax adjustment											(271,000)
Total purchase consideration											3,021,000
Cash											0
Accounts receivable											0
Inventories											450,000
Other current assets											0
Property, plant and equipment											0
Goodwill											1,962,000
Deferred income taxes - non-current											271,000
Other long-term assets											0
Accounts payable											0
Other current liabilities											0
Total assets acquired and liabilities assumed											3,021,000
eMT
Business Acquisition [Line Items]
Cash paid											20,000,000
Common stock											0
Section 338 gross-up payable											0
Working capital adjustment											1,600,000
Income tax adjustment											469,000
Total purchase consideration								$ 22,069,000			22,069,000
Cash											1,505,000
Accounts receivable											4,444,000
Inventories											4,090,000
Other current assets											26,000
Property, plant and equipment											584,000
Goodwill											6,959,000
Deferred income taxes - non-current											0
Other long-term assets											30,000
Accounts payable											(3,636,000)
Other current liabilities											(693,000)
Total assets acquired and liabilities assumed											22,069,000
Aubrey
Business Acquisition [Line Items]
Cash paid									$ 5,048,000			5,300,000
Working capital adjustment												(252,000)
Cash consideration paid for excess cash												573,000
Total purchase consideration												5,621,000
Cash												1,056,000
Accounts receivable												680,000
Inventories												184,000
Deferred income taxes												4,000
Other current assets												22,000
Property, plant and equipment												221,000
Goodwill												4,510,000
Deferred income taxes - non-current												290,000
Other long-term assets												0
Accounts payable												(173,000)
Other current liabilities												(1,313,000)
Total assets acquired and liabilities assumed												5,621,000
Beckwood
Business Acquisition [Line Items]
Cash paid										$ 15,346,000		15,300,000
Working capital adjustment												46,000
Cash consideration paid for excess cash												0
Total purchase consideration												15,346,000
Cash												0
Accounts receivable												1,157,000
Inventories												2,075,000
Deferred income taxes												108,000
Other current assets												122,000
Property, plant and equipment												83,000
Goodwill												6,731,000
Deferred income taxes - non-current												(3,761,000)
Other long-term assets												8,000
Accounts payable												(866,000)
Other current liabilities												(591,000)
Total assets acquired and liabilities assumed												15,346,000
Aydin
Business Acquisition [Line Items]
Cash paid												15,000,000
Working capital adjustment												502,000
Cash consideration paid for excess cash												0
Total purchase consideration												15,502,000
Cash												0
Accounts receivable												2,279,000
Inventories												6,601,000
Deferred income taxes												0
Other current assets												895,000
Property, plant and equipment												582,000
Goodwill												2,181,000
Deferred income taxes - non-current												0
Other long-term assets												2,292,000
Accounts payable												(1,215,000)
Other current liabilities												(443,000)
Total assets acquired and liabilities assumed												15,502,000
Customer relationships | Hunter
Business Acquisition [Line Items]
Intangible asset											15,400,000
Customer relationships | Stealth
Business Acquisition [Line Items]
Intangible asset											3,375,000
Customer relationships | KEP Marine
Business Acquisition [Line Items]
Intangible asset											1,200,000
Customer relationships | RTEmd
Business Acquisition [Line Items]
Intangible asset											800,000
Customer relationships | Argotec
Business Acquisition [Line Items]
Intangible asset											0
Customer relationships | IED
Business Acquisition [Line Items]
Intangible asset											0
Customer relationships | eMT
Business Acquisition [Line Items]
Intangible asset											5,950,000
Customer relationships | Aubrey
Business Acquisition [Line Items]
Intangible asset												0
Customer relationships | Beckwood
Business Acquisition [Line Items]
Intangible asset												10,000,000
Customer relationships | Aydin
Business Acquisition [Line Items]
Intangible asset												1,500,000
Non-compete agreements | Hunter
Business Acquisition [Line Items]
Intangible asset											420,000
Non-compete agreements | Stealth
Business Acquisition [Line Items]
Intangible asset											94,000
Non-compete agreements | KEP Marine
Business Acquisition [Line Items]
Intangible asset											0
Non-compete agreements | RTEmd
Business Acquisition [Line Items]
Intangible asset											0
Non-compete agreements | Argotec
Business Acquisition [Line Items]
Intangible asset											0
Non-compete agreements | IED
Business Acquisition [Line Items]
Intangible asset											700,000
Non-compete agreements | eMT
Business Acquisition [Line Items]
Intangible asset											2,730,000
Non-compete agreements | Aubrey
Business Acquisition [Line Items]
Intangible asset												140,000
Non-compete agreements | Beckwood
Business Acquisition [Line Items]
Intangible asset												280,000
Non-compete agreements | Aydin
Business Acquisition [Line Items]
Intangible asset												0
Trademarks/tradenames | Hunter
Business Acquisition [Line Items]
Intangible asset											0
Trademarks/tradenames | Stealth
Business Acquisition [Line Items]
Intangible asset											1,256,000
Trademarks/tradenames | KEP Marine
Business Acquisition [Line Items]
Intangible asset											180,000
Trademarks/tradenames | RTEmd
Business Acquisition [Line Items]
Intangible asset											0
Trademarks/tradenames | Argotec
Business Acquisition [Line Items]
Intangible asset											20,000
Trademarks/tradenames | IED
Business Acquisition [Line Items]
Intangible asset											180,000
Trademarks/tradenames | eMT
Business Acquisition [Line Items]
Intangible asset											80,000
Trademarks/tradenames | Aubrey
Business Acquisition [Line Items]
Intangible asset												0
Trademarks/tradenames | Beckwood
Business Acquisition [Line Items]
Intangible asset												0
Trademarks/tradenames | Aydin
Business Acquisition [Line Items]
Intangible asset												180,000
Unpatented technology | Hunter
Business Acquisition [Line Items]
Intangible asset											0
Unpatented technology | Stealth
Business Acquisition [Line Items]
Intangible asset											690,000
Unpatented technology | KEP Marine
Business Acquisition [Line Items]
Intangible asset											0
Unpatented technology | RTEmd
Business Acquisition [Line Items]
Intangible asset											0
Unpatented technology | Argotec
Business Acquisition [Line Items]
Intangible asset											0
Unpatented technology | IED
Business Acquisition [Line Items]
Intangible asset											0
Unpatented technology | eMT
Business Acquisition [Line Items]
Intangible asset											$ 0
Unpatented technology | Aubrey
Business Acquisition [Line Items]
Intangible asset												0
Unpatented technology | Beckwood
Business Acquisition [Line Items]
Intangible asset												0
Unpatented technology | Aydin
Business Acquisition [Line Items]
Intangible asset												$ 650,000

Acquisitions (Details Textual)

Acquisitions (Details Textual) CAD in Thousands

Apr. 14, 2015USD ($)

Mar. 16, 2015USD ($)

Mar. 16, 2015CAD

Jan. 21, 2015USD ($)

Jan. 20, 2015USD ($)

Dec. 08, 2014USD ($)

Dec. 03, 2014USD ($)

Jul. 09, 2014USD ($)

Mar. 17, 2014USD ($)

Dec. 11, 2013USD ($)

Aug. 30, 2013USD ($)

Jul. 03, 2016USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2014USD ($)

Business Acquisition [Line Items]

Adjustment to purchase consideration

$ 750,000

Total

2,662,000

Hunter

Business Acquisition [Line Items]

Cash paid

$ 55,000,000

$ 55,194,000

Purchase consideration

56,439,000

Net sales

14,288,000

Net income or loss before tax

(656,000)

Total

428,000

Stealth

Business Acquisition [Line Items]

Cash paid

$ 12,558,000

CAD 16,000

12,558,000

Purchase consideration

12,558,000

Net sales

2,541,000

Net income or loss before tax

384,000

KEP Marine

Business Acquisition [Line Items]

Cash paid

$ 4,300,000

4,300,000

Purchase consideration

4,153,000

RTEmd

Business Acquisition [Line Items]

Cash paid

$ 2,332,000

2,332,000

Purchase consideration

2,435,000

Net sales

1,173,000

Net income or loss before tax

(182,000)

Argotec

Business Acquisition [Line Items]

Cash paid

$ 350,000

350,000

Purchase consideration

425,000

IED

Business Acquisition [Line Items]

Cash paid

$ 3,292,000

3,000,000

Purchase consideration

3,021,000

eMT

Business Acquisition [Line Items]

Cash paid

20,000,000

Purchase consideration

$ 22,069,000

22,069,000

Cash acquired

$ 1,505,000

Net sales

23,503,000

Net income or loss before tax

$ 2,452,000

Aubrey

Business Acquisition [Line Items]

Cash paid

$ 5,048,000

$ 5,300,000

Purchase consideration

5,621,000

Beckwood

Business Acquisition [Line Items]

Cash paid

$ 15,346,000

15,300,000

Purchase consideration

$ 15,346,000

Aydin Displaces Inc.

Business Acquisition [Line Items]

Purchase consideration

$ 15,502,000

Cost of Sales

Business Acquisition [Line Items]

Depreciation expense

(362,000)

Amortization of Intangible Asset

Business Acquisition [Line Items]

Depreciation expense

$ (26,000)

Acquisitions Pro Forma Informat

Acquisitions Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Business Combinations [Abstract]
Net sales	$ 461,734	$ 465,229
Income before income taxes	19,345	33,654
Net income	$ 15,219	$ 27,296
Net income per share — basic (in dollars per share)	$ 1.54	$ 2.70
Net income per share — diluted (in dollars per share)	$ 1.54	$ 2.69

Acquisitions Changes to Goodwil

Acquisitions Changes to Goodwill (Details) $ in Thousands	12 Months Ended
	Jul. 03, 2016USD ($)
Business Acquisition [Line Items]
Inventory	$ 5,052
Accounts receivable	386
Property, plant and equipment	(974)
Other assets and liabilities, net	(352)
Non-cash adjustments	3,412
Adjustment to purchase consideration	(750)
Total	2,662
Customer relationships
Business Acquisition [Line Items]
Property, plant and equipment	$ (700)

Inventories and Cost of Contr50

Inventories and Cost of Contracts in Progress, net (Details) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Classifications of inventory, net of interim billings
Raw materials	$ 40,914	$ 60,668
Work in process	23,626	19,047
Finished goods	22,294	7,244
Total inventory and cost of contracts in progress, gross	86,834	86,959
Inventory to which the U.S. government has title due to interim billings	(8,963)	(7,456)
Total inventory and cost of contracts in progress, net	$ 77,871	$ 79,503

Property, Plant and Equipment51

Property, Plant and Equipment, net (Details) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Property, plant and equipment, net
Total property, plant and equipment	$ 73,595	$ 68,112
Less accumulated depreciation	(40,275)	(35,504)
Property, plant and equipment, net	33,320	32,608
Land and land improvements
Property, plant and equipment, net
Total property, plant and equipment	1,429	1,429
Buildings and building improvements
Property, plant and equipment, net
Total property, plant and equipment	27,660	27,482
Machinery and equipment
Property, plant and equipment, net
Total property, plant and equipment	43,134	36,923
Construction in progress
Property, plant and equipment, net
Total property, plant and equipment	$ 1,372	$ 2,278

Other Non-current Assets (Detai

Other Non-current Assets (Details) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Deferred engineering and design costs - non-current	$ 2,263	$ 2,089
Environmental remediation - indemnification asset	1,606	1,832
Favorable leasehold, net	36,933	45,825
Deferred financing fees, net	1,563	1,169
Investment in securities available for sale	0	847
Other	1,004	840
Total other non-current assets	6,692	7,151
Favorable leasehold, net
Finite-Lived Intangible Assets [Line Items]
Favorable leasehold, net	$ 256	$ 374

Other Non-current Assets (Det53

Other Non-current Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 27, 2015	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Deferred engineering and design costs		$ 3,263	$ 3,238
Deferred costs amortized to interest expense over the period		5 years
Amortized debt financing fees recognized and reported as interest expense		$ 298	631	$ 119
Loss on sale of securities available for sale		129	0	$ 0
Prepaid expenses and other current assets
Finite-Lived Intangible Assets [Line Items]
Deferred engineering and design costs		1,000	$ 1,149
Favorable leasehold, net
Finite-Lived Intangible Assets [Line Items]
Useful life of intangible asset	5 years
Revolving Credit Facility
Finite-Lived Intangible Assets [Line Items]
Deferred costs incurred in connection with revolving line-of-credit		$ 2,047

Goodwill and Other Intangible54

Goodwill and Other Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Carrying value and ending composition of goodwill
Goodwill, beginning of period	$ 74,175	$ 28,189
Impairment of goodwill	2,662	45,986
Goodwill, Impairment Loss	(64,174)	0	$ 0
Acquired goodwill	89,990	87,328
Accumulated impairment	(77,327)	(13,153)
Goodwill, end of period	12,663	74,175	28,189
Manufacturing & Design Services
Carrying value and ending composition of goodwill
Goodwill, beginning of period	61,512	26,008
Impairment of goodwill	2,662	35,504
Goodwill, Impairment Loss	(64,174)
Acquired goodwill	77,327	74,665
Accumulated impairment	(77,327)	(13,153)
Goodwill, end of period	0	61,512	26,008
Engineered Components & Products
Carrying value and ending composition of goodwill
Goodwill, beginning of period	12,663	2,181
Impairment of goodwill	0	10,482
Goodwill, Impairment Loss	0
Acquired goodwill	12,663	12,663
Accumulated impairment	0	0
Goodwill, end of period	$ 12,663	$ 12,663	$ 2,181

Goodwill and Other Intangible55

Goodwill and Other Intangible Assets (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Summary of Intangible Assets, net
Gross Carrying Amount	$ 64,561	$ 63,861
Accumulated Amortization	(23,965)	(14,373)
Accumulated Impairments	(3,663)	(3,663)
Net Carrying Value	36,933	45,825
Non-compete agreements
Summary of Intangible Assets, net
Gross Carrying Amount	4,229	4,229
Accumulated Amortization	(2,036)	(1,100)
Accumulated Impairments	0	0
Net Carrying Value	$ 2,193	$ 3,129
Non-compete agreements | Minimum
Summary of Intangible Assets, net
Amortization Period in Months	2 years	2 years
Non-compete agreements | Maximum
Summary of Intangible Assets, net
Amortization Period in Months	5 years	5 years
Customer relationships
Summary of Intangible Assets, net
Gross Carrying Amount	$ 57,295	$ 56,595
Accumulated Amortization	(21,007)	(12,806)
Accumulated Impairments	(3,663)	(3,663)
Net Carrying Value	$ 32,625	$ 40,126
Customer relationships | Minimum
Summary of Intangible Assets, net
Amortization Period in Months	7 years	7 years
Customer relationships | Maximum
Summary of Intangible Assets, net
Amortization Period in Months	15 years	15 years
Trademarks/tradenames
Summary of Intangible Assets, net
Gross Carrying Amount	$ 1,696	$ 1,696
Accumulated Amortization	(314)	(145)
Accumulated Impairments	0	0
Net Carrying Value	$ 1,382	$ 1,551
Trademarks/tradenames | Minimum
Summary of Intangible Assets, net
Amortization Period in Months	1 year	1 year
Trademarks/tradenames | Maximum
Summary of Intangible Assets, net
Amortization Period in Months	10 years	10 years
Unpatented technology
Summary of Intangible Assets, net
Amortization Period in Months	7 years
Gross Carrying Amount	$ 1,341	$ 1,341
Accumulated Amortization	(608)	(322)
Accumulated Impairments	0	0
Net Carrying Value	$ 733	$ 1,019
Unpatented technology | Maximum
Summary of Intangible Assets, net
Amortization Period in Months	84 months	84 months

Goodwill and Other Intangible56

Goodwill and Other Intangible Assets (Details 2) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Aggregate amortization expense relative to existing intangible assets
2,017	$ 8,496
2,018	7,334
2,019	6,302
2,020	4,774
2,021	3,729
2022 and thereafter	6,298
Net Carrying Value	$ 36,933	$ 45,825

Goodwill and Other Intangible57

Goodwill and Other Intangible Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of Intangible Assets	$ 9,592	$ 6,591	$ 3,422

Debt (Details Textual)

Debt (Details Textual) - USD ($)	Jun. 27, 2016	Apr. 13, 2015	Mar. 27, 2016	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014	Sep. 11, 2014	Jun. 30, 2013
Debt Instrument [Line Items]
Repayments of Debt				$ 692,000	$ 1,423,000	$ 0
Cash and cash equivalents				132,000	14,914,000	8,028,000			$ 6,085,000
Capital leases			$ 656,000	656,000	0	$ 0
Capital lease balance				549,000
Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility amount outstanding				97,206,000	$ 154,500,000
Maximum borrowing capacity	$ 175,000,000	$ 275,000,000		$ 175,000,000				$ 200,000,000
Increase in size of credit facility		75,000,000
Right to request an amount increase	50,000,000	$ 100,000,000
Repayments of Debt	$ 692,000
Effective interest rate				3.50%
Available credit				$ 76,939,000
Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Unused commitment fees		0.20%
Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Unused commitment fees		0.50%
Previous credit facility
Debt Instrument [Line Items]
Deferred financing expense							$ 413,000
Letter of Credit
Debt Instrument [Line Items]
Line of credit facility amount outstanding				$ 855,000
London Interbank Offered Rate (LIBOR) | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Interest rate		1.00%
London Interbank Offered Rate (LIBOR) | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Interest rate		3.00%
Bank Base Rate | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Interest rate		0.00%
Bank Base Rate | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Interest rate		2.00%

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Income (loss) before income taxes by Country
Income (loss) before income taxes	$ (55,499)	$ 14,955	$ 19,602
United States
Income (loss) before income taxes by Country
Income (loss) before income taxes, Domestic	(56,184)	14,533	18,915
Vietnam
Income (loss) before income taxes by Country
Income (loss) before income taxes, Foreign	364	38	691
Canada
Income (loss) before income taxes by Country
Income (loss) before income taxes, Foreign	$ 321	$ 384	$ (4)

Income Taxes (Details 1)

Income Taxes (Details 1) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Current:
State and local	$ 672	$ 501	$ 544
Provision for income taxes current, Total	1,346	4,839	7,591
Deferred:
State and local	(2,562)	(283)	(131)
Total provision for income taxes deferred	(18,562)	(873)	(976)
Total components of provision for income taxes	(17,216)	3,966	6,615
United States
Current:
United States	544	4,317	6,913
Deferred:
United States	(16,133)	465	(852)
Vietnam
Current:
Foreign	130	6	134
Deferred:
Foreign	(8)	0	7
Canada
Current:
Foreign	0	15	0
Deferred:
Foreign	$ 141	$ (1,055)	$ 0

Income Taxes (Details 2)

Income Taxes (Details 2)	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Effective Income Tax Rate Reconciliation to Statutory Income Tax Rate
Statutory U.S. federal income tax rate	35.00%	35.00%	35.00%
Significant increases (reductions) resulting from:
Changes in valuation allowance	0.00%	(7.50%)	0.00%
Domestic production activities deduction	0.30%	(2.70%)	(2.70%)
Goodwill impairment	(8.30%)	0.00%	0.00%
Goodwill impairment	0.20%	(0.20%)	(0.70%)
State and local income taxes, net of federal benefit	2.70%	2.70%	2.30%
Research and development tax credit	1.40%	0.00%	0.00%
Audits	(0.30%)	0.00%	0.00%
Other	0.00%	(0.80%)	(0.20%)
Effective income tax rate	31.00%	26.50%	33.70%

Income Taxes (Details 3)

Income Taxes (Details 3) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Deferred tax assets:
Goodwill	$ 17,258	$ (5)
Environmental remediation	1,953	2,254
Inventories	4,553	3,298
Employment and compensation accruals	1,595	1,341
Capital loss carryover	263	263
State tax carryovers	213	373
Canadian tax carryovers	933	1,164
Equity investment	450	148
Intangible assets	2,042	0
Other	1,866	2,463
Deferred tax assets	31,126	11,299
Less valuation allowance	(263)	(393)
Deferred tax assets, net	30,863	10,906
Deferred tax liabilities:
Property, plant and equipment	(2,935)	(1,430)
Intangible assets	0	(237)
Other	(2,144)	(2,326)
Deferred tax liabilities	(5,079)	(3,993)
Net deferred tax assets	$ 25,784	$ 6,913

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Income Tax Contingency [Line Items]
Deferred tax asset related to federal net operating losses	$ 213,000
Capital loss carryover	263,000	$ 263,000
Unrecognized tax benefits impacting rate	71,000	0
Accrued penalties and interest	0
State and Local Jurisdiction
Income Tax Contingency [Line Items]
Capital loss carryover	263,000	$ 393,000
Canada
Income Tax Contingency [Line Items]
Operating loss carryforwards	933,000
Florida | State and Local Jurisdiction
Income Tax Contingency [Line Items]
Tax audit	$ 270,000

Employee Retirement Benefit P64

Employee Retirement Benefit Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Change in prepaid (accrued) benefit cost:
Interest cost	$ 336	$ 326	$ 355
Expected return on plan assets	(524)	(560)	(524)
Amortization of unrecognized net actuarial loss	153	81	128
Net periodic income cost	(35)	(153)	(41)
Pro rata recognition of lump-sum settlements	333	0	85
Total periodic pension expense (income)	$ 298	$ (153)	$ 44

Employee Retirement Benefit P65

Employee Retirement Benefit Plans (Details 1)	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit and Defined Contribution Pension Plans Disclosure [Abstract]
Benefit Obligation, Discount rate	3.70%	4.45%	4.35%
Benefit cost, Discount rate	4.45%	4.35%	4.75%
Benefit Cost, Rate of compensation increase	0.00%	0.00%	0.00%
Benefit Cost, Expected long-term rate on plan assets	7.50%	7.50%	7.50%

Employee Retirement Benefit P66

Employee Retirement Benefit Plans (Details 2) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Change in prepaid benefit cost:
Prepaid benefit cost at beginning of fiscal year	$ 1,711	$ 1,643
Net periodic benefit (cost) income for fiscal year	(298)	68
Employer contributions to plan	0	0	$ 59
Prepaid benefit cost at end of fiscal year	1,413	1,711	1,643
Change in projected benefit obligation:
Projected benefit obligation at beginning of fiscal year	8,350	8,107
Interest cost	336	326	355
Actuarial experience and changes in assumptions	554	549
Benefits paid	(360)	(632)
Settlements	(977)	0
Projected benefit obligation at end of fiscal year	7,903	8,350	8,107
Change in plan assets:
Fair value of plan assets at beginning of fiscal year	7,926	8,151
Actual return on plan assets	38	407
Benefits paid	(360)	(632)
Settlements	(977)	0
Fair value of plan assets at end of fiscal year	6,627	7,926	$ 8,151
Amounts recognized in the Consolidated Balance Sheets:
Pension liability — non-current portion	(1,276)	(424)
Funded status — total balance sheet liability	$ (1,276)	$ (424)

Employee Retirement Benefit P67

Employee Retirement Benefit Plans (Details 3) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Pension related amounts recognized in other comprehensive income (loss)
Amortization of unrecognized net actuarial loss	$ 153	$ 81	$ 128
Pro rata recognition of lump-sum settlements	333	0	85
Net actuarial (loss) gain	(1,040)	(702)	234
Total recognized in other comprehensive income (loss)	$ (554)	$ (621)	$ 447

Employee Retirement Benefit P68

Employee Retirement Benefit Plans (Details 4) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Accumulated other comprehensive loss:
Net actuarial loss	$ 2,689	$ 2,134
Total	$ 2,689	$ 2,134

Employee Retirement Benefit P69

Employee Retirement Benefit Plans (Details 5) - Pension plan $ in Thousands	Jul. 03, 2016USD ($)
Expected benefit payments for the defined benefit pension plan
2,017	$ 745
2,018	664
2,019	585
2,020	587
2,021	539
2022 – 2026	2,406
Total	$ 5,526

Employee Retirement Benefit P70

Employee Retirement Benefit Plans (Details 6) - Pension plan	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Summary of pension plan asset allocations
Weighted average allocation	100.00%	100.00%
Equity securities
Summary of pension plan asset allocations
Target plan asset allocation, minimum	40.00%	40.00%
Target plan asset allocation, maximum	70.00%	70.00%
Weighted average allocation	59.00%	60.00%
Fixed income (debt) securities
Summary of pension plan asset allocations
Target plan asset allocation, minimum	30.00%	30.00%
Target plan asset allocation, maximum	60.00%	60.00%
Weighted average allocation	38.00%	37.00%
Cash and cash equivalents
Summary of pension plan asset allocations
Target plan asset allocation, minimum	0.00%	0.00%
Target plan asset allocation, maximum	10.00%	10.00%
Weighted average allocation	3.00%	3.00%

Employee Retirement Benefit P71

Employee Retirement Benefit Plans (Details 7) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Estimated fair value of plan assets by asset class
Total assets measured at fair value	$ 6,627	$ 7,926	$ 8,151
Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	6,627	7,926
Directly held corporate stock — Large Cap | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	2,408	2,394
Registered investment companies — Large Cap | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	1,139	1,079
Registered investment companies — Mid-Cap Growth | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	0	287
Registered investment companies — Small-Cap | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	151	359
Registered investment companies — International | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	205	646
Registered investment companies — Intermediate Bond | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	2,520	2,896
Cash and cash equivalents | Level 1 | Pension plan
Estimated fair value of plan assets by asset class
Total assets measured at fair value	$ 204	$ 265

Employee Retirement Benefit P72

Employee Retirement Benefit Plans (Details Textual) shares in Thousands, $ in Thousands	12 Months Ended
	Jul. 03, 2016USD ($)employeeshares	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Employee retirement benefit plans (Textual) [Abstract]
Number of employees and retirees covered by a defined benefit pension plan | employee	316
Employer contributions	$ 0	$ 0	$ 59
Amortized accumulated other comprehensive loss, pre-tax	$ 208
Participants maximum percentage contribution of compensation to company's defined contribution plan	100.00%
Company's matching contributions of participant's basic contribution	50.00%	50.00%	50.00%
Participants maximum percentage of eligible compensation contribution for company's match	6.00%	6.00%	6.00%
Number of shares held in the Company's 401 (k) plan (in shares) | shares	103,000
Company's matching contributions and administrative expenses	$ 1,475	$ 1,233	$ 1,106

Commitments and Contingencies73

Commitments and Contingencies (Details) $ in Thousands	Jul. 03, 2016USD ($)
Future minimum annual lease payments
2,017	$ 2,529
2,018	2,041
2,019	1,485
2,020	1,340
2,021	744
Thereafter	1,638
Total	$ 9,777

Commitments and Contingencies74

Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Aug. 24, 2015	Mar. 27, 2016	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2003
Commitments and contingencies (Textual) [Abstract]
Rent expense			$ 3,573	$ 2,480	$ 1,520
Contingent rent expense			250	493	315
Sublease agreement		$ 1,000
Accrual amount of minimum future undiscounted financial liability related to Coors Road Property					8,228
Environmental remediation expense					$ 4,238
Loss accrual			6,701	7,792
Amount of financial liability included in other accrued expenses of current liability			584	675
Percentage of certain future environmental expenses over the threshold reimbursed						37.50%
Certain future environmental expenses threshold amount whose excess in percentage reimbursed						$ 8,400
Expended amount			6,548
Environmental remediation - indemnification asset			1,606	$ 1,832
Estimated additional possible future environmental remediation costs			$ 2,690
Period for reimbursement before income taxes			14 years
Environmental remediation, expected reimbursements from department of energy			$ 1,009
Settled Litigation
Commitments and contingencies (Textual) [Abstract]
Required payment for dismissal of litigation	$ 2,500

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Stock-based compensation expense by type of share-based award
Total stock-based compensation	$ 289	$ 1,885	$ 1,662
Fair value expense of stock option awards
Stock-based compensation expense by type of share-based award
Total stock-based compensation	286	352	0
Restricted Stock Units
Stock-based compensation expense by type of share-based award
Total stock-based compensation	273	518	0
Restricted stock
Stock-based compensation expense by type of share-based award
Total stock-based compensation	$ (270)	$ 1,015	$ 1,662

Stock-Based Compensation (Det76

Stock-Based Compensation (Details 1) $ in Thousands	12 Months Ended
	Jul. 03, 2016USD ($)
Unrecognized compensation cost related to restricted stock grants and the fair value expense of stock option awards
Remaining unrecognized compensation cost, Total	$ 1,423
Weighted average remaining required service period, restricted stock, Total (in years)	1 year 325 days
Fair value expense of stock option awards
Unrecognized compensation cost related to restricted stock grants and the fair value expense of stock option awards
Remaining unrecognized compensation cost, fair value expense of stock option awards	$ 404
Weighted average remaining required service period, restricted stock (in years)	1 year 353 days
Restricted Stock Units
Unrecognized compensation cost related to restricted stock grants and the fair value expense of stock option awards
Remaining unrecognized compensation cost, fair value expense of stock option awards	$ 925
Weighted average remaining required service period, restricted stock (in years)	1 year 329 days
Restricted stock
Unrecognized compensation cost related to restricted stock grants and the fair value expense of stock option awards
Remaining unrecognized compensation cost, restricted stock	$ 94
Weighted average remaining required service period, restricted stock (in years)	1 year 62 days

Stock-Based compensation (Det77

Stock-Based compensation (Details 2) - Stock options	12 Months Ended
	Jul. 03, 2016$ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate	1.79%
Volatility	34.00%
Dividend yield	0.00%
Expected life in years	6 years 91 days
Fair value price (dollars per share)	$ 8.45

Stock-Based Compensation (Det78

Stock-Based Compensation (Details 3) - $ / shares	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Number of options, outstanding, beginning balance (in shares)	107,584	38,543
Number of options, Granted (in shares)	129,800	123,684
Number of options, Exercised (in shares)		(19,247)
Number of options, Vested (in shares)	(25,650)
Number of options, Forfeited (in shares)	(110,137)	(35,396)
Number of options, outstanding, ending balance (in shares)	101,597	107,584
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted average exercise price, outstanding, beginning balance (in dollars per share)	$ 26.54	$ 8.57
Weighted average exercise price, Granted (in dollars per share)	23.02	26.58
Weighted average exercise price, Exercised (in dollars per share)		8.57
Weighted average exercise price, Vested (in dollars per share)	26.64
Weighted average exercise price, Forfeited (in dollars per share)	24.68	16.89
Weighted average exercise price, outstanding, ending balance (in dollars per share)	$ 24.11	$ 26.54

Stock-Based Compensation (Det79

Stock-Based Compensation (Details 4) - Restricted Stock Units - $ / shares	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted shares, beginning balance (in shares)	62,828	0
Restricted stock units, granted (in shares)	96,754	75,045
Restricted stock units, forfeited (in shares)	(80,308)	(12,217)
Restricted shares, ending balance (in shares)	79,274	62,828
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Restricted shares, weighted average grant date fair value, beginning balance (in dollars per share)	$ 26.77	$ 0
Restricted stock units, granted, weighted average grant date fair value (in dollars per share)	23.02	26.70
Restricted stock units, forfeited, weighted average grant date fair value (in dollars per share)	24.74	26.35
Restricted shares, weighted average grant date fair value, ending balance (in dollars per share)	$ 24.25	$ 26.77

Stock-Based Compensation (Det80

Stock-Based Compensation (Details 5) - Restricted stock - $ / shares	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Restricted shares, beginning balance (in shares)	132,299	316,997
Restricted shares, granted (in shares)		26,793
Restricted shares, vested (in shares)	(27,346)	(172,459)
Restricted shares, forfeited (in shares)	(52,302)	(39,032)
Restricted shares, ending balance (in shares)	52,651	132,299
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Restricted shares, weighted average grant date fair value, beginning balance (in dollars per share)	$ 14.58	$ 12.38
Restricted shares, granted, weighted average grant date fair value (in dollars per share)		25.86
Restricted shares, vested, weighted average grant date fair value (in dollars per share)	7.88	11.16
Restricted shares, forfeited, weighted average grant date fair value (in dollars per share)	15.92	19.56
Restricted shares, weighted average grant date fair value, ending balance (in dollars per share)	$ 16.72	$ 14.58

Stock-Based Compensation (Det81

Stock-Based Compensation (Details Textual) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Description	Under the 2010 Plan, the Company may grant to employees, officers and directors of the Company or its subsidiaries incentive and non-qualified stock options, stock appreciation rights, restricted stock or restricted stock units, performance awards and other stock-based awards, including grants of shares
Plan terms	2010 Plan vest annually over four years, subject to achievement of certain financial performance metrics in addition to the service requirements
Term of plan	10 years
Shares authorized (in shares)	1,000,000
Shares available for award (in shares)	546,395
Exercise prices (in dollars per share)	$ 24.11	$ 26.54	$ 8.57
Contractual life for options outstanding in years	8 years 299 days
Number of options exercisable	13,818
Weighted average exercise price (in dollars per share)	$ 26.45
Contractual life for exercisable options in years	8 years 164 days
Management
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant of stock option (in shares)	129,800
Weighted average exercise price (in dollars per share)	$ 23.02
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield	0.00%
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise prices (in dollars per share)	$ 22.09
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise prices (in dollars per share)	$ 26.86
2010 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
2010 Plan | Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total fair value of restricted stock vested	$ 630	$ 4,315	$ 1,638

(Loss) Earnings Per Share Dat82

(Loss) Earnings Per Share Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jul. 03, 2016	Mar. 27, 2016	Dec. 27, 2015	Sep. 27, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Earnings per share
Net (loss) income	$ (42,081)	$ 1,136	$ 268	$ 2,394	$ 5,098	$ 4,133	$ 1,562	$ 196	$ (38,283)	$ 10,989	$ 12,987
Less net (loss) income allocated to contingently issuable participating securities									0	(126)	0
Net (loss) income available to common shareholders									$ (38,283)	$ 10,863	$ 12,987
Weighted average shares outstanding - Basic (in shares)									9,786,315	9,874,441	10,109,915
Dilutive effect of stock options (in shares)									0	11,520	31,480
Weighted average shares outstanding - Diluted (in shares)									9,786,315	9,885,961	10,141,395
Net income per share:
Income per share - Basic (in dollars per share)	$ (4.30)	$ 0.12	$ 0.03	$ 0.24	$ 0.52	$ 0.42	$ 0.16	$ 0.02	$ (3.91)	$ 1.10	$ 1.28
Income per share - Diluted (in dollars per share)	$ (4.30)	$ 0.12	$ 0.03	$ 0.24	$ 0.51	$ 0.42	$ 0.16	$ 0.02	$ (3.91)	$ 1.10	$ 1.28

(Loss) Earnings Per Share Dat83

(Loss) Earnings Per Share Data (Details Textual) - shares	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Unvested restricted shares included in determining basic and diluted earnings (in shares)		132,299	316,997
Potential shares excluded from EPS computation (in shares)	101,597	0	0
Restricted stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	52,651	132,299	316,997

Stock Repurchase Plan (Details

Stock Repurchase Plan (Details Textual) - Common Stock - Share Repurchase Program - USD ($)	12 Months Ended
	Jun. 30, 2015	Oct. 22, 2014
Stock Repurchase Plan (Textual) [Abstract]
Repurchase of stock, authorized amount		$ 5,000,000
Payment for purchasing shares of common stock (in shares)	181,278
Average price of common stock per share (in dollars per share)	$ 27.55
Repurchase of stock	$ 5,000,000

Restructuring Activities (Detai

Restructuring Activities (Details) $ in Thousands	12 Months Ended
	Jul. 03, 2016USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring reserve as of June 30, 2015	$ 0
Provision	2,360
Payments	(2,085)
Costs adjustments	(154)
Restructuring reserve as of July 3, 2016	121
Termination Benefits
Restructuring Cost and Reserve [Line Items]
Restructuring reserve as of June 30, 2015	0
Provision	820
Payments	(408)
Costs adjustments	(353)
Restructuring reserve as of July 3, 2016	59
Exit / Other Costs
Restructuring Cost and Reserve [Line Items]
Restructuring reserve as of June 30, 2015	0
Provision	1,540
Payments	(1,677)
Costs adjustments	199
Restructuring reserve as of July 3, 2016	$ 62

Business Segments (Details)

Business Segments (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Jul. 03, 2016USD ($)	Mar. 27, 2016USD ($)	Dec. 27, 2015USD ($)	Sep. 27, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jul. 03, 2016USD ($)segment	Jun. 30, 2015USD ($)segment	Jun. 30, 2014USD ($)segment
Segment Reporting Information [Line Items]
Number of reportable business segments | segment									2	2	3
Operating results and other financial information by segment
Net sales	$ 106,967	$ 102,175	$ 103,529	$ 106,691	$ 126,393	$ 93,065	$ 85,642	$ 77,025	$ 419,362	$ 382,125	$ 336,501
Gross profit	21,422	$ 19,067	$ 18,521	$ 21,138	28,090	$ 18,665	$ 15,206	$ 12,853	80,148	74,814	64,950
Selling and administrative expenses (incl. depreciation)									55,151	46,969	35,682
Internal research and development expenses									2,344	1,502	1,169
Restructuring charges									2,206	0	188
Impairment of goodwill									64,174	0	0
Depreciation and amortization									15,675	11,236	8,123
Operating (loss) income									(51,789)	17,252	20,251
Capital expenditures									6,098	5,802	3,501
Total assets	245,998				337,551				245,998	337,551
Manufacturing & Design Services
Operating results and other financial information by segment
Impairment of goodwill									64,174
Engineered Components & Products
Operating results and other financial information by segment
Impairment of goodwill									0
Operating Segments | Manufacturing & Design Services
Operating results and other financial information by segment
Net sales									282,076	263,940	246,129
Gross profit									34,788	36,461	34,782
Selling and administrative expenses (incl. depreciation)									23,813	18,615	14,449
Internal research and development expenses									0	0	0
Restructuring charges									2,206		188
Impairment of goodwill									64,174
Depreciation and amortization									11,826	8,875	6,576
Operating (loss) income									(61,813)	9,535	17,029
Capital expenditures									2,182	1,599	1,412
Total assets	167,277				238,777				167,277	238,777
Operating Segments | Engineered Components & Products
Operating results and other financial information by segment
Net sales									154,559	136,315	109,134
Gross profit									45,360	38,353	30,168
Selling and administrative expenses (incl. depreciation)									15,482	11,038	8,750
Internal research and development expenses									2,344	1,502	1,169
Restructuring charges									0		0
Impairment of goodwill									0
Depreciation and amortization									2,573	1,648	1,149
Operating (loss) income									25,880	25,033	19,943
Capital expenditures									1,244	1,294	1,090
Total assets	69,627				64,880				69,627	64,880
Unallocated
Operating results and other financial information by segment
Net sales									0	0	0
Gross profit									0	0	0
Selling and administrative expenses (incl. depreciation)									15,856	17,316	12,483
Internal research and development expenses									0	0	0
Restructuring charges									0		0
Impairment of goodwill									0
Depreciation and amortization									1,276	713	398
Operating (loss) income									(15,856)	(17,316)	(16,721)
Capital expenditures									2,672	2,909	999
Total assets	9,094				33,894				9,094	33,894
Eliminations
Operating results and other financial information by segment
Net sales									(17,273)	(18,130)	(18,762)
Gross profit									0	0	0
Selling and administrative expenses (incl. depreciation)									0	0	0
Internal research and development expenses									0	0	0
Restructuring charges									0		0
Impairment of goodwill									0
Depreciation and amortization									0	0	0
Operating (loss) income									0	0	0
Capital expenditures									0	0	$ 0
Total assets	$ 0				$ 0				$ 0	$ 0

Business, Geographic and Sale87

Business, Geographic and Sales Concentration (Details)	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
U.S. Navy
Sales to individual customers in excess of 10% of total net sales
Sales to individual customers in excess of 10% of total net sales	22.00%	25.00%	19.00%
Fenwal Blood Technologies
Sales to individual customers in excess of 10% of total net sales
Sales to individual customers in excess of 10% of total net sales		10.00%	14.00%

Business, Geographic and Sale88

Business, Geographic and Sales Concentration (Details 1) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jul. 03, 2016	Mar. 27, 2016	Dec. 27, 2015	Sep. 27, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Sales to customers by country
Net sales	$ 106,967	$ 102,175	$ 103,529	$ 106,691	$ 126,393	$ 93,065	$ 85,642	$ 77,025	$ 419,362	$ 382,125	$ 336,501
United States
Sales to customers by country
Net sales									369,127	345,643	296,328
Other foreign countries
Sales to customers by country
Net sales									$ 50,235	$ 36,482	$ 40,173

Business, Geographic and Sale89

Business, Geographic and Sales Concentration (Details 2) - USD ($) $ in Thousands	Jul. 03, 2016	Jun. 30, 2015
Capital expenditures net of accumulated depreciation by country
Property, plant and equipment, net	$ 33,320	$ 32,608
United States
Capital expenditures net of accumulated depreciation by country
Property, plant and equipment, net	29,867	30,205
Canada
Capital expenditures net of accumulated depreciation by country
Property, plant and equipment, net	23	0
Vietnam
Capital expenditures net of accumulated depreciation by country
Property, plant and equipment, net	$ 3,430	$ 2,403

Business, Geographic and Sale90

Business, Geographic and Sales Concentration (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Business Geographic and Sales Concentration (Textual) [Abstract]
Sale of ASW devices and related engineering contract service	$ 119,291	$ 110,201	$ 92,840
Percentage of ASW devices and related engineering contract services sales to total net sale	28.00%	29.00%	28.00%

Quarterly Results of Operatio91

Quarterly Results of Operations (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jul. 03, 2016	Mar. 27, 2016	Dec. 27, 2015	Sep. 27, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Quarterly Results of Operations
Net sales	$ 106,967	$ 102,175	$ 103,529	$ 106,691	$ 126,393	$ 93,065	$ 85,642	$ 77,025	$ 419,362	$ 382,125	$ 336,501
Gross profit	21,422	19,067	18,521	21,138	28,090	18,665	15,206	12,853	80,148	74,814	64,950
Net (loss) income	$ (42,081)	$ 1,136	$ 268	$ 2,394	$ 5,098	$ 4,133	$ 1,562	$ 196	$ (38,283)	$ 10,989	$ 12,987
Income per share - Basic (in dollars per share)	$ (4.30)	$ 0.12	$ 0.03	$ 0.24	$ 0.52	$ 0.42	$ 0.16	$ 0.02	$ (3.91)	$ 1.10	$ 1.28
Income per share - Diluted (in dollars per share)	$ (4.30)	$ 0.12	$ 0.03	$ 0.24	$ 0.51	$ 0.42	$ 0.16	$ 0.02	$ (3.91)	$ 1.10	$ 1.28

Valuation and Qualifying Acco92

Valuation and Qualifying Accounts (Details) - Allowance for losses on accounts receivable - USD ($) $ in Thousands	12 Months Ended
	Jul. 03, 2016	Jun. 30, 2015	Jun. 30, 2014
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 173	$ 126	$ 61
Additions Charged to Costs and Expenses	583	47	87
Allowance for Losses Acquired	0	97	57
Write-Offs/ Dispositions	(349)	(97)	(79)
Balance at End of Period	$ 407	$ 173	$ 126