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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 26, 2025
Jun. 27, 2025
Current Assets:    
Cash and cash equivalents $ 86,466 $ 59,690
Accounts receivable, net of allowances of $5,897 and $3,583 203,123 180,321
Unbilled receivables 90,612 105,870
Inventories 76,637 83,979
Other current assets 37,016 33,715
Total current assets 493,854 463,575
Property, plant and equipment, net 19,074 17,453
Goodwill 19,544 19,655
Intangible assets, net 25,173 26,897
Deferred income taxes 84,591 88,149
Right-of-use assets 2,805 3,113
Other assets 14,314 14,454
Total assets 659,355 633,296
Current Liabilities:    
Accounts payable 145,412 148,093
Accrued expenses 31,560 38,897
Operating lease liabilities 787 1,090
Advance payments and unearned revenue 84,452 73,735
Other current liabilities 444 1,757
Current portion of long-term debt 4,443 18,624
Total current liabilities 267,098 282,196
Long-term debt 100,931 68,966
Unearned revenue 8,579 8,063
Long-term operating lease liabilities 2,199 2,241
Other long-term liabilities 450 430
Reserve for uncertain tax positions 3,570 3,242
Deferred income taxes 4,917 4,975
Total liabilities 387,744 370,113
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Preferred stock, $0.01 par value, 50.0 million shares authorized, none issued 0 0
Common stock, $0.01 par value, 300.0 million shares authorized, 12.9 million and 12.7 million shares issued and outstanding as of December 26, 2025 and June 27, 2025, respectively 129 127
Treasury stock 0.2 million and 0.2 million shares as of December 26, 2025 and June 27, 2025, respectively (7,076) (7,076)
Additional paid-in-capital 868,423 866,119
Accumulated deficit (571,292) (577,172)
Accumulated other comprehensive loss (18,573) (18,815)
Total stockholders’ equity 271,611 263,183
Total liabilities and stockholders’ equity $ 659,355 $ 633,296