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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 27, 2020
Mar. 29, 2019
Mar. 27, 2020
Mar. 29, 2019
Revenues $ 411,210 $ 398,951 $ 1,236,723 $ 1,179,208
Cost of revenues (366,874) (352,193) (1,097,242) (1,046,610)
Gross profit 44,336 46,758 139,481 132,598
Selling, general and administrative expenses (17,111) (14,132) (50,189) (41,296)
Expenses related to reduction in workforce   (323) (16) (727)
Operating income 27,225 32,303 89,276 90,575
Interest income 2,042 2,144 6,080 4,770
Interest expense (238) (1,423) (2,812) (3,673)
Foreign exchange loss, net (8) (3,055) (2,949) (408)
Other income, net 203 159 977 798
Income before income taxes 29,224 30,128 90,572 92,062
Income tax expense (957) (1,493) (5,117) (4,064)
Net income 28,267 28,635 85,455 87,998
Other comprehensive income (loss), net of tax:        
Change in net unrealized (loss) gain on available-for-sale securities (1,356) 513 (1,403) 1,399
Change in net unrealized loss on derivative instruments (6,569) (1) (6,719) (2)
Change in net retirement benefits plan – prior service cost 294   478  
Change in foreign currency translation adjustment (600) 486 (353) (219)
Total other comprehensive (loss) income, net of tax (8,231) 998 (7,997) 1,178
Net comprehensive income $ 20,036 $ 29,633 $ 77,458 $ 89,176
Earnings per share        
Basic $ 0.76 $ 0.78 $ 2.31 $ 2.39
Diluted $ 0.75 $ 0.76 $ 2.27 $ 2.35
Weighted-average number of ordinary shares outstanding (thousands of shares)        
Basic 36,987 36,891 36,970 36,786
Diluted 37,797 37,539 37,696 37,383