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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 24, 2022
Jun. 25, 2021
Current assets    
Cash and cash equivalents $ 197,996 $ 302,969
Short-term restricted cash 220 0
Short-term investments 280,157 244,963
Trade accounts receivable, net of allowance for doubtful accounts of $1,271 and $100, respectively 439,330 336,547
Contract assets 13,464 11,878
Inventories 557,145 422,133
Prepaid expenses 11,626 11,398
Other current assets 25,233 22,619
Total current assets 1,525,171 1,352,507
Non-current assets    
Long-term restricted cash 149 154
Property, plant and equipment, net 292,277 241,129
Intangibles, net 3,508 4,371
Operating right-of-use assets 4,084 6,699
Deferred tax assets 9,800 9,428
Other non-current assets 652 1,834
Total non-current assets 310,470 263,615
Total Assets 1,835,641 1,616,122
Current liabilities    
Long-term borrowings, current portion, net 12,156 12,156
Trade accounts payable 439,684 346,555
Fixed assets payable 9,085 19,206
Contract liabilities 1,982 1,680
Capital lease liability, current portion 10 0
Operating lease liabilities, current portion 2,319 2,593
Income tax payable 2,898 3,612
Accrued payroll, bonus and related expenses 20,374 20,464
Accrued expenses 24,758 17,134
Other payables 25,221 20,958
Total current liabilities 538,487 444,358
Non-current liabilities    
Long-term borrowings, non-current portion, net 15,202 27,358
Deferred tax liability 6,001 5,107
Capital lease liability, non-current portion 75 0
Operating lease liabilities, non-current portion 1,476 3,850
Severance liabilities 18,384 19,485
Other non-current liabilities 2,334 3,444
Total non-current liabilities 43,472 59,244
Total Liabilities 581,959 503,602
Commitments and contingencies (Note 19)
Shareholders’ equity    
Preferred shares (5,000,000 shares authorized, $0.01 par value; no shares issued and outstanding as of June 24, 2022 and June 25, 2021) 0 0
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,048,700 shares and 38,749,045 shares issued as of June 24, 2022 and June 25, 2021, respectively; and 36,436,683 shares and 36,765,456 shares outstanding as of June 24, 2022 and June 25, 2021, respectively) 390 388
Additional paid-in capital 196,667 189,445
Less: Treasury shares (2,612,017 shares and 1,983,589 shares as of June 24, 2022 and June 25, 2021, respectively) (147,258) (87,343)
Accumulated other comprehensive loss (12,793) (6,266)
Retained earnings 1,216,676 1,016,296
Total Shareholders’ Equity 1,253,682 1,112,520
Total Liabilities and Shareholders’ Equity $ 1,835,641 $ 1,616,122