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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 27, 2024
Jun. 28, 2024
Current assets:    
Cash and cash equivalents $ 242,565 $ 180,521
Accounts receivable, net of allowance for credit losses of $1,951 and $2,020 at December 27, 2024 and June 28, 2024, respectively 104,491 111,441
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $5,311 and $6,340 at December 27, 2024 and June 28, 2024, respectively 278,657 304,029
Inventory 344,415 335,300
Prepaid expenses and other current assets 20,556 22,493
Total current assets 990,684 953,784
Property and equipment, net 111,459 110,353
Goodwill 938,093 938,093
Intangible assets, net 226,142 250,512
Operating lease right-of-use assets, net 56,525 60,860
Deferred tax assets 71,712 58,612
Other non-current assets 6,840 6,691
Total assets 2,401,455 2,378,905
Current liabilities:    
Accounts payable 64,778 81,068
Accrued expenses 40,471 42,926
Accrued compensation 32,015 36,398
Income taxes payable 306 109
Deferred revenues and customer advances 135,963 73,915
Total current liabilities 273,533 234,416
Income taxes payable 7,713 7,713
Long-term debt 591,500 591,500
Operating lease liabilities 57,805 62,584
Other non-current liabilities 10,628 9,917
Total liabilities 941,179 906,130
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; 58,660,201 and 58,093,528 shares issued and outstanding at December 27, 2024 and June 28, 2024, respectively 587 581
Additional paid-in capital 1,266,926 1,242,402
Retained earnings 184,695 219,799
Accumulated other comprehensive income 8,068 9,993
Total shareholders’ equity 1,460,276 1,472,775
Total liabilities and shareholders’ equity $ 2,401,455 $ 2,378,905