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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 01, 2017
Jul. 02, 2016
Current assets:    
Cash and cash equivalents $ 219,270 $ 95,929
Restricted cash 716 715
Short-term investments 37,559 0
Accounts receivable, net of allowances for doubtful accounts of $1,533 and $1,674 as of July 1, 2017 and of July 2, 2016, respectively 122,287 93,571
Inventories 101,068 76,369
Prepaid expenses and other current assets 40,870 23,591
Total current assets 521,770 290,175
Property and equipment, net 114,333 65,045
Other intangible assets, net 699 1,498
Deferred tax assets, non-current 25,774 94
Other non-current assets 2,573 2,237
Total assets 665,149 359,049
Current liabilities:    
Accounts payable 88,316 71,201
Accrued expenses and other liabilities 42,499 34,818
Capital lease obligations, current 2,368 3,753
Total current liabilities 133,183 109,772
Deferred gain on sale-leasebacks 5,895 6,809
Convertible notes payable 0 62,058
Capital lease obligations, non-current 1,379 2,105
Other non-current liabilities 11,019 11,694
Total liabilities 151,476 192,438
Commitments and contingencies (Note 8)
Stockholders’ equity:    
Preferred stock: 1,000 shares authorized; none issued and outstanding 0 0
Common stock: $0.01 par value per share; 275,000 shares authorized; 167,639 shares issued and outstanding at July 1, 2017; and 112,207 shares issued and outstanding at July 2, 2016 1,676 1,122
Additional paid-in capital 1,688,777 1,471,280
Accumulated other comprehensive income 40,973 39,821
Accumulated deficit (1,217,753) (1,345,612)
Total stockholders’ equity 513,673 166,611
Total liabilities and stockholders’ equity $ 665,149 $ 359,049