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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 25, 2022
Jun. 25, 2021
Current assets    
Cash and cash equivalents $ 269,140 $ 302,969
Short-term investments 245,852 244,963
Trade accounts receivable, net of allowance for doubtful accounts of $61 and $100, respectively 446,052 336,547
Contract assets 13,568 11,878
Inventories 452,638 422,133
Prepaid expenses 13,729 11,398
Other current assets 29,169 22,619
Total current assets 1,470,148 1,352,507
Non-current assets    
Long-term restricted cash 157 154
Property, plant and equipment, net 291,767 241,129
Intangibles, net 3,593 4,371
Operating right-of-use assets 4,790 6,699
Deferred tax assets 9,171 9,428
Other non-current assets 513 1,834
Total non-current assets 309,991 263,615
Total Assets 1,780,139 1,616,122
Current liabilities    
Long-term borrowings, current portion, net 12,156 12,156
Trade accounts payable 402,581 346,555
Fixed assets payable 14,060 19,206
Contract liabilities 1,923 1,680
Operating lease liabilities, current portion 2,593 2,593
Income tax payable 2,794 3,612
Accrued payroll, bonus and related expenses 21,396 20,464
Accrued expenses 21,144 17,134
Other payables 24,012 20,958
Total current liabilities 502,659 444,358
Non-current liabilities    
Long-term borrowings, non-current portion, net 18,241 27,358
Deferred tax liability 5,771 5,107
Operating lease liability, non-current portion 1,922 3,850
Severance liabilities 20,352 19,485
Other non-current liabilities 2,467 3,444
Total non-current liabilities 48,753 59,244
Total Liabilities 551,412 503,602
Commitments and contingencies (Note 15)
Shareholders’ equity    
Preferred shares (5,000,000 shares authorized, $0.01 par value; no shares issued and outstanding as of March 25, 2022 and June 25, 2021) 0 0
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,039,725 shares and 38,749,045 shares issued at March 25, 2022 and June 25, 2021, respectively; and 36,780,528 shares and 36,765,456 shares outstanding at March 25, 2022 and June 25, 2021, respectively) 390 388
Additional paid-in capital 190,705 189,445
Less: Treasury shares (2,259,197 shares and 1,983,589 shares as of March 25, 2022 and June 25, 2021, respectively) (115,967) (87,343)
Accumulated other comprehensive income (loss) (6,888) (6,266)
Retained earnings 1,160,487 1,016,296
Total Shareholders’ Equity 1,228,727 1,112,520
Total Liabilities and Shareholders’ Equity $ 1,780,139 $ 1,616,122