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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 30, 2022
Jul. 01, 2022
Current assets:    
Cash and cash equivalents $ 76,944 $ 65,654
Accounts receivable, net of allowance for credit losses of $2,070 and $2,074 at December 30, 2022 and July 1, 2022, respectively 145,855 144,494
Unbilled receivables and costs in excess of billings 333,491 303,356
Inventory 311,976 270,339
Prepaid income taxes 0 7,503
Prepaid expenses and other current assets 28,615 23,906
Total current assets 896,881 815,252
Property and equipment, net 121,989 127,191
Goodwill 938,093 937,880
Intangible assets, net 323,434 351,538
Operating lease right-of-use assets, net 59,671 66,366
Other non-current assets 7,884 6,188
Total assets 2,347,952 2,304,415
Current liabilities:    
Accounts payable 87,221 98,673
Accrued expenses 30,203 34,954
Accrued compensation 30,456 44,813
Income taxes payable 13,421 0
Deferred revenues and customer advances 39,274 15,487
Total current liabilities 200,575 193,927
Deferred income taxes 12,713 32,398
Income taxes payable 6,237 9,112
Long-term debt 511,500 451,500
Operating lease liabilities 63,694 69,888
Other non-current liabilities 9,141 10,405
Total liabilities 803,860 767,230
Commitments and contingencies (Note N)
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; 56,365,078 and 55,679,747 shares issued and outstanding at December 30, 2022 and July 1, 2022, respectively 564 557
Additional paid-in capital 1,173,026 1,145,323
Retained earnings 360,519 385,774
Accumulated other comprehensive income 9,983 5,531
Total shareholders’ equity 1,544,092 1,537,185
Total liabilities and shareholders’ equity $ 2,347,952 $ 2,304,415