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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 02, 2020
Jul. 03, 2020
Current assets:    
Cash and cash equivalents $ 239,122 $ 226,838
Accounts receivable, net of allowance for credit losses of $1,422 and $1,451 at October 2, 2020 and July 3, 2020, respectively 99,069 120,438
Unbilled receivables and costs in excess of billings 108,754 90,289
Inventory 206,044 178,093
Prepaid income taxes 4,760 2,498
Prepaid expenses and other current assets 18,956 16,613
Total current assets 676,705 634,769
Property and equipment, net 94,744 87,737
Goodwill 614,422 614,076
Intangible assets, net 200,830 208,748
Operating lease right-of-use assets 61,980 60,613
Other non-current assets 4,501 4,777
Total assets 1,653,182 1,610,720
Current liabilities:    
Accounts payable 63,057 41,877
Accrued expenses 25,123 23,794
Accrued compensation 31,536 41,270
Deferred revenues and customer advances 26,890 18,974
Total current liabilities 146,606 125,915
Deferred income taxes 11,009 13,889
Income taxes payable 4,117 4,117
Operating lease liabilities 68,274 66,981
Other non-current liabilities 15,284 15,034
Total liabilities 245,290 225,936
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; 55,044,702 and 54,702,322 shares issued and outstanding at October 2, 2020 and July 3, 2020, respectively 550 547
Additional paid-in capital 1,082,044 1,074,667
Retained earnings 328,253 312,455
Accumulated other comprehensive income (2,955) (2,885)
Total shareholders' equity 1,407,892 1,384,784
Total liabilities and shareholders' equity $ 1,653,182 $ 1,610,720