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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2025
Jun. 28, 2024
Current assets:    
Cash and cash equivalents $ 309,099 $ 180,521
Accounts receivable, net of allowance for credit losses of $1,767 and $2,020 at June 27, 2025 and June 28, 2024, respectively 109,588 111,441
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $5,311 and $6,340 at June 27, 2025 and June 28, 2024, respectively 278,475 304,029
Inventory 332,920 335,300
Prepaid income taxes 457 0
Prepaid expenses and other current assets 27,639 22,493
Total current assets 1,058,178 953,784
Property and equipment, net 101,440 110,353
Goodwill 938,093 938,093
Intangible assets, net 210,611 250,512
Operating lease right-of-use assets, net 52,264 60,860
Deferred tax assets 69,016 58,612
Other non-current assets 5,162 6,691
Total assets 2,434,764 2,378,905
Current liabilities:    
Accounts payable 79,116 81,068
Accrued expenses 43,143 42,926
Accrued compensation 51,321 36,398
Income taxes payable 0 109
Deferred revenues and customer advances 126,797 73,915
Total current liabilities 300,377 234,416
Income taxes payable 4,046 7,713
Long-term debt 591,500 591,500
Operating lease liabilities 52,738 62,584
Other non-current liabilities 12,642 9,917
Total liabilities 961,303 906,130
Commitments and contingencies
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; 59,003,174 and 58,093,528 shares issued and outstanding at June 27, 2025 and June 28, 2024, respectively 590 581
Additional paid-in capital 1,287,478 1,242,402
Retained earnings 181,895 219,799
Accumulated other comprehensive income 3,498 9,993
Total shareholders’ equity 1,473,461 1,472,775
Total liabilities and shareholders’ equity $ 2,434,764 $ 2,378,905