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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 28, 2025
Jun. 28, 2024
Current assets:    
Cash and cash equivalents $ 269,822 $ 180,521
Accounts receivable, net of allowance for credit losses of $1,765 and $2,020 at March 28, 2025 and June 28, 2024, respectively 103,401 111,441
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $5,311 and $6,340 at March 28, 2025 and June 28, 2024, respectively 271,293 304,029
Inventory 352,689 335,300
Prepaid income taxes 2,960 0
Prepaid expenses and other current assets 19,339 22,493
Total current assets 1,019,504 953,784
Property and equipment, net 107,477 110,353
Goodwill 938,093 938,093
Intangible assets, net 215,977 250,512
Operating lease right-of-use assets, net 54,640 60,860
Deferred tax assets 72,575 58,612
Other non-current assets 6,151 6,691
Total assets 2,414,417 2,378,905
Current liabilities:    
Accounts payable 73,554 81,068
Accrued expenses 45,406 42,926
Accrued compensation 35,120 36,398
Income taxes payable 0 109
Deferred revenues and customer advances 142,484 73,915
Total current liabilities 296,564 234,416
Income taxes payable 7,713 7,713
Long-term debt 591,500 591,500
Operating lease liabilities 55,315 62,584
Other non-current liabilities 12,236 9,917
Total liabilities 963,328 906,130
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; 58,852,270 and 58,093,528 shares issued and outstanding at March 28, 2025 and June 28, 2024, respectively 589 581
Additional paid-in capital 1,279,118 1,242,402
Retained earnings 165,525 219,799
Accumulated other comprehensive income 5,857 9,993
Total shareholders’ equity 1,451,089 1,472,775
Total liabilities and shareholders’ equity $ 2,414,417 $ 2,378,905