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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 24, 2022
Current assets    
Cash and cash equivalents $ 231,368 $ 197,996
Short-term restricted cash 0 220
Short-term investments 319,100 280,157
Trade accounts receivable, net of allowance for doubtful accounts of $965 and $1,271, respectively 531,767 452,670
Inventories 519,576 557,145
Prepaid expenses 7,849 11,626
Other current assets 42,880 25,357
Total current assets 1,652,540 1,525,171
Non-current assets    
Long-term restricted cash 0 149
Property, plant and equipment, net 310,350 292,277
Intangibles, net 2,394 3,508
Operating right-of-use assets 1,634 4,084
Deferred tax assets 12,095 9,800
Other non-current assets 635 652
Total non-current assets 327,108 310,470
Total Assets 1,979,648 1,835,641
Current liabilities    
Long-term borrowings, current portion, net 12,156 12,156
Trade accounts payable 381,129 439,684
Fixed assets payable 13,526 9,085
Operating lease liabilities, current portion 1,201 2,319
Income tax payable 6,024 2,898
Accrued payroll, bonus and related expenses 23,748 20,374
Accrued expenses 20,447 24,758
Other payables 23,654 27,213
Total current liabilities 481,885 538,487
Non-current liabilities    
Long-term borrowings, non-current portion, net 0 15,202
Deferred tax liability 4,799 6,001
Operating lease liabilities, non-current portion 66 1,476
Severance liabilities 22,159 18,384
Other non-current liabilities 2,081 2,409
Total non-current liabilities 29,105 43,472
Total Liabilities 510,990 581,959
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 30, 2023 and June 24, 2022) 0 0
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,284,176 shares and 39,048,700 shares issued as of June 30, 2023 and June 24, 2022, respectively; and 36,183,682 shares and 36,436,683 shares outstanding as of June 30, 2023 and June 24, 2022, respectively) 393 390
Additional paid-in capital 206,624 196,667
Less: Treasury shares (3,100,494 shares and 2,612,017 shares as of June 30, 2023 and June 24, 2022, respectively) (194,833) (147,258)
Accumulated other comprehensive income (loss) (8,115) (12,793)
Retained earnings 1,464,589 1,216,676
Total Shareholders’ Equity 1,468,658 1,253,682
Total Liabilities and Shareholders’ Equity $ 1,979,648 $ 1,835,641