Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 03, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents	$ 226,838	$ 257,932
Accounts receivable, net of allowance for doubtful accounts of $1,451 and $1,228 at July 3, 2020 and June 30, 2019, respectively	120,438	118,832
Contract with Customer, Asset, Net, Current	90,289	57,387
Inventory	178,093	137,112
Prepaid income taxes	2,498	90
Prepaid expenses and other current assets	16,613	10,819
Total current assets	634,769	582,172
Property and equipment, net	87,737	60,001
Goodwill	614,076	562,146
Acquired intangible assets, net	208,748	206,124
Operating lease right-of-use assets	60,613	0
Other non-current assets	4,777	6,534
Total assets	1,610,720	1,416,977
Current liabilities:
Accounts payable	41,877	39,030
Accrued expenses	23,794	18,897
Accrued compensation	41,270	28,814
Deferred revenues and customer advances	18,974	11,291
Total current liabilities	125,915	98,032
Deferred income taxes	13,889	17,814
Income taxes payable	4,117	1,273
Operating lease liabilities	66,981	0
Other non-current liabilities	15,034	15,119
Total liabilities	225,936	132,238
Commitments and contingencies
Shareholders' equity:
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.01 par value; 85,000,000 shares authorized; 54,702,322 and 54,247,532 shares issued and outstanding at July 3, 2020 and June 30, 2019, respectively	547	542
Additional paid-in capital	1,074,667	1,058,745
Retained earnings	312,455	226,743
Accumulated other comprehensive income	(2,885)	(1,291)
Total shareholders' equity	1,384,784	1,284,739
Total liabilities and shareholders' equity	1,610,720	1,416,977
Contract with Customer, Asset, Net, Current	90,289	57,387
Goodwill	614,076	562,146
Acquired intangible assets, net	$ 208,748	$ 206,124