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Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2021
Jul. 02, 2021
Current assets:    
Cash and cash equivalents $ 95,804 $ 113,839
Accounts receivable, net of allowance for credit losses of $1,728 and $1,720 at October 1, 2021 and July 2, 2021, respectively 106,831 128,807
Unbilled receivables and costs in excess of billings 194,367 162,921
Inventory 234,403 221,640
Prepaid income taxes 11,815 782
Prepaid expenses and other current assets 18,465 15,111
Total current assets 661,685 643,100
Property and equipment, net 128,694 128,524
Goodwill 805,315 804,906
Intangible assets, net 297,137 307,559
Operating lease right-of-use assets 67,797 66,373
Other non-current assets 4,466 4,675
Total assets 1,965,094 1,955,137
Current liabilities:    
Accounts payable 73,385 47,951
Accrued expenses 30,414 24,652
Accrued compensation 32,890 40,043
Deferred revenues and customer advances 30,635 38,177
Total current liabilities 167,324 150,823
Deferred income taxes 26,717 28,810
Income taxes payable 7,467 7,467
Long-term debt 200,000 200,000
Operating lease liabilities 72,010 71,508
Other non-current liabilities 12,096 12,383
Total liabilities 485,614 470,991
Commitments and contingencies (Note M)
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; 55,500,817 and 55,241,120 shares issued and outstanding at October 1, 2021 and July 2, 2021, respectively 555 552
Additional paid-in capital 1,111,613 1,109,434
Retained earnings 367,359 374,499
Accumulated other comprehensive loss (47) (339)
Total shareholders’ equity 1,479,480 1,484,146
Total liabilities and shareholders’ equity $ 1,965,094 $ 1,955,137