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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 29, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 168,646 $ 71,563
Accounts receivable, net of allowance for credit losses of $737 and $1,335 at December 29, 2023 and June 30, 2023, respectively 82,737 124,729
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $2,313 and $0 at December 29, 2023 and June 30, 2023, respectively 351,003 382,558
Inventory 354,212 337,216
Prepaid income taxes 5,753 0
Prepaid expenses and other current assets 21,470 20,952
Total current assets 983,821 937,018
Property and equipment, net 114,361 119,554
Goodwill 938,093 938,093
Intangible assets, net 273,309 298,051
Operating lease right-of-use assets, net 65,657 63,015
Deferred tax asset 55,426 27,099
Other non-current assets 5,585 8,537
Total assets 2,436,252 2,391,367
Current liabilities:    
Accounts payable 88,060 103,986
Accrued expenses 31,484 28,423
Accrued compensation 25,133 30,419
Income taxes payable 0 13,874
Deferred revenues and customer advances 81,044 56,562
Total current liabilities 225,721 233,264
Income taxes payable 5,166 5,166
Long-term debt 616,500 511,500
Operating lease liabilities 68,252 66,797
Other non-current liabilities 16,121 7,955
Total liabilities 931,760 824,682
Commitments and contingencies (Note L)
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; 57,563,733 and 56,961,665 shares issued and outstanding at December 29, 2023 and June 30, 2023, respectively 576 570
Additional paid-in capital 1,220,343 1,196,847
Retained earnings 275,150 357,439
Accumulated other comprehensive income 8,423 11,829
Total shareholders’ equity 1,504,492 1,566,685
Total liabilities and shareholders’ equity $ 2,436,252 $ 2,391,367