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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 26, 2025
Jun. 27, 2025
Current assets:    
Cash and cash equivalents $ 334,990 $ 309,099
Accounts receivable, net of allowance for credit losses of $1,832 and $1,767 at December 26, 2025 and June 27, 2025, respectively 105,832 109,588
Unbilled receivables and costs in excess of billings, net of allowance for credit losses of $5,311 for both December 26, 2025 and June 27, 2025 273,938 278,475
Inventory 349,645 332,920
Prepaid income taxes 1,230 457
Prepaid expenses and other current assets 66,518 27,639
Total current assets 1,132,153 1,058,178
Property and equipment, net 102,019 101,440
Goodwill 938,093 938,093
Intangible assets, net 193,232 210,611
Operating lease right-of-use assets, net 51,972 52,264
Deferred tax assets 76,429 69,016
Other non-current assets 8,206 5,162
Total assets 2,502,104 2,434,764
Current liabilities:    
Accounts payable 106,182 79,116
Accrued expenses 72,437 35,264
Due to factoring facility 32,255 7,879
Accrued compensation 35,251 51,321
Deferred revenues and customer advances 136,918 126,797
Total current liabilities 383,043 300,377
Income taxes payable 4,046 4,046
Long-term debt 591,500 591,500
Operating lease liabilities 50,960 52,738
Other non-current liabilities 12,567 12,642
Total liabilities 1,042,116 961,303
Commitments and contingencies (Note M)
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; 59,376,887 and 59,003,174 shares issued and outstanding at December 26, 2025 and June 27, 2025, respectively 594 590
Additional paid-in capital 1,302,020 1,287,478
Retained earnings 154,285 181,895
Accumulated other comprehensive income 3,089 3,498
Total shareholders’ equity 1,459,988 1,473,461
Total liabilities and shareholders’ equity $ 2,502,104 $ 2,434,764