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CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 29, 2024
Jun. 30, 2023
Current assets    
Cash and cash equivalents $ 385,111 $ 231,368
Short-term investments 408,915 319,100
Trade accounts receivable, net of allowance for expected credit losses of $2,838 and $965, respectively 583,882 531,767
Inventories 454,134 519,576
Prepaid expenses 9,369 7,849
Other current assets 74,731 42,880
Total current assets 1,916,142 1,652,540
Non-current assets    
Property, plant and equipment, net 303,118 310,350
Intangibles, net 2,427 2,394
Operating right-of-use assets 3,742 1,634
Deferred tax assets 10,966 12,095
Other non-current assets 630 635
Total non-current assets 320,883 327,108
Total Assets 2,237,025 1,979,648
Current liabilities    
Long-term borrowings, current portion, net 3,039 12,156
Trade accounts payable 429,021 381,129
Fixed assets payable 9,229 13,526
Operating lease liabilities, current portion 1,333 1,201
Income tax payable 4,828 6,024
Accrued payroll, bonus and related expenses 23,727 23,748
Accrued expenses 20,742 20,447
Other payables 52,348 23,654
Total current liabilities 544,267 481,885
Non-current liabilities    
Deferred tax liability 4,641 4,799
Operating lease liability, non-current portion 2,003 66
Severance liabilities 23,820 22,159
Other non-current liabilities 2,059 2,081
Total non-current liabilities 32,523 29,105
Total Liabilities 576,790 510,990
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 March 29, 2024 and June 30, 2023) 0 0
Ordinary shares ($500,000,000 shares authorized, $0.01 par value; 39,450,434 shares and 39,284,176 shares issued as of March 29, 2024 and June 30, 2023, respectively; and 36,159,101 shares and 36,183,682 shares outstanding as of March 29, 2024 and June 30, 2023, respectively) 395 393
Additional paid-in capital 215,570 206,624
Less: Treasury shares (3,291,333 shares and 3,100,494 shares as of March 29, 2024 and June 30, 2023, respectively) (230,776) (194,833)
Accumulated other comprehensive income (loss) (4,658) (8,115)
Retained earnings 1,679,704 1,464,589
Total Shareholders’ Equity 1,660,235 1,468,658
Total Liabilities and Shareholders’ Equity $ 2,237,025 $ 1,979,648