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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 29, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 142,645 $ 71,563
Accounts receivable, net of allowance for credit losses of $497 and $1,335 at March 29, 2024 and June 30, 2023, respectively 91,785 124,729
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $8,653 and $0 at March 29, 2024 and June 30, 2023, respectively 325,441 382,558
Inventory 343,015 337,216
Prepaid income taxes 27,967 0
Prepaid expenses and other current assets 20,656 20,952
Total current assets 951,509 937,018
Property and equipment, net 113,907 119,554
Goodwill 938,093 938,093
Intangible assets, net 261,805 298,051
Operating lease right-of-use assets, net 63,329 63,015
Deferred tax asset 44,366 27,099
Other non-current assets 5,169 8,537
Total assets 2,378,178 2,391,367
Current liabilities:    
Accounts payable 79,906 103,986
Accrued expenses 40,091 28,423
Accrued compensation 16,871 30,419
Income taxes payable 0 13,874
Deferred revenues and customer advances 70,701 56,562
Total current liabilities 207,569 233,264
Income taxes payable 5,166 5,166
Long-term debt 616,500 511,500
Operating lease liabilities 65,473 66,797
Other non-current liabilities 10,677 7,955
Total liabilities 905,385 824,682
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; 57,868,725 and 56,961,665 shares issued and outstanding at March 29, 2024 and June 30, 2023, respectively 579 570
Additional paid-in capital 1,230,666 1,196,847
Retained earnings 230,576 357,439
Accumulated other comprehensive income 10,972 11,829
Total shareholders’ equity 1,472,793 1,566,685
Total liabilities and shareholders’ equity $ 2,378,178 $ 2,391,367