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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Jul. 01, 2022
Current assets:    
Cash and cash equivalents $ 64,441 $ 65,654
Accounts receivable, net of allowance for credit losses of $1,090 and $2,074 at March 31, 2023 and July 1, 2022, respectively 125,562 144,494
Unbilled receivables and costs in excess of billings 376,722 303,356
Inventory 342,777 270,339
Prepaid income taxes 3,588 7,503
Prepaid expenses and other current assets 24,785 23,906
Total current assets 937,875 815,252
Property and equipment, net 119,482 127,191
Goodwill 938,093 937,880
Intangible assets, net 310,647 351,538
Operating lease right-of-use assets, net 63,960 66,366
Other non-current assets 13,816 6,188
Total assets 2,383,873 2,304,415
Current liabilities:    
Accounts payable 111,246 98,673
Accrued expenses 27,508 34,954
Accrued compensation 26,704 44,813
Deferred revenues and customer advances 54,700 15,487
Total current liabilities 220,158 193,927
Deferred income taxes 6,451 32,398
Income taxes payable 4,901 9,112
Long-term debt 511,500 451,500
Operating lease liabilities 68,099 69,888
Other non-current liabilities 11,865 10,405
Total liabilities 822,974 767,230
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; 56,673,677 and 55,679,747 shares issued and outstanding at March 31, 2023 and July 1, 2022, respectively 567 557
Additional paid-in capital 1,187,335 1,145,323
Retained earnings 365,675 385,774
Accumulated other comprehensive income 7,322 5,531
Total shareholders’ equity 1,560,899 1,537,185
Total liabilities and shareholders’ equity $ 2,383,873 $ 2,304,415