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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Sep. 29, 2023
Jun. 30, 2023
Current assets    
Cash and cash equivalents $ 308,338 $ 231,368
Short-term investments 362,428 319,100
Trade accounts receivable, net of allowance for doubtful accounts of $1,768 and $965, respectively 535,006 531,767
Inventories 440,095 519,576
Prepaid expenses 6,328 7,849
Other current assets 39,766 42,880
Total current assets 1,691,961 1,652,540
Non-current assets    
Property, plant and equipment, net 306,665 310,350
Intangibles, net 2,598 2,394
Operating right-of-use assets 6,024 1,634
Deferred tax assets 11,363 12,095
Other non-current assets 610 635
Total non-current assets 327,260 327,108
Total Assets 2,019,221 1,979,648
Current liabilities    
Long-term borrowings, current portion, net 9,117 12,156
Trade accounts payable 357,106 381,129
Fixed assets payable 9,313 13,526
Operating lease liabilities, current portion 1,587 1,201
Income tax payable 7,013 6,024
Accrued payroll, bonus and related expenses 22,976 23,748
Accrued expenses 24,034 20,447
Other payables 24,287 23,654
Total current liabilities 455,433 481,885
Non-current liabilities    
Deferred tax liability 5,117 4,799
Operating lease liability, non-current portion 4,052 66
Severance liabilities 22,269 22,159
Other non-current liabilities 2,181 2,081
Total non-current liabilities 33,619 29,105
Total Liabilities 489,052 510,990
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 September 29, 2023 and June 30, 2023) 0 0
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,430,970 shares and 39,284,176 shares issued at September 29, 2023 and June 30, 2023, respectively; and 36,330,476 shares and 36,183,682 shares outstanding at September 29, 2023 and June 30, 2023, respectively) 394 393
Additional paid-in capital $ 202,432 $ 206,624
Treasury stocks, shares (in shares) 3,100,494 3,100,494
Less: Treasury shares (3,100,494 shares as of September 29, 2023 and June 30, 2023) $ (194,833) $ (194,833)
Accumulated other comprehensive income (loss) (7,502) (8,115)
Retained earnings 1,529,678 1,464,589
Total Shareholders’ Equity 1,530,169 1,468,658
Total Liabilities and Shareholders’ Equity $ 2,019,221 $ 1,979,648