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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 26, 2015
Jun. 27, 2015
ASSETS    
Cash and cash equivalents $ 1,193 $ 372
Trade receivables, net of allowance for doubtful accounts of $210 and $97 60,840 72,852
Inventories 97,909 91,594
Other 14,226 13,646
Total current assets 174,168 178,464
Property, plant and equipment, net 26,032 26,974
Other assets:    
Deferred income tax asset 9,631 6,723
Goodwill 9,957 9,957
Other intangible assets, net 6,492 7,055
Other 1,660 1,621
Total other assets 27,740 25,356
Total assets 227,940 230,794
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 56,839 61,528
Accrued compensation and vacation 7,382 9,467
Current portion of debt 5,000 5,000
Other 13,999 10,794
Total current liabilities 83,220 86,789
Long-term liabilities:    
Term loan 23,750 26,250
Revolving loan 12,660 11,631
Deferred income tax liability 0 501
Other long-term obligations 6,423 4,855
Total long-term liabilities 42,833 43,237
Total liabilities $ 126,053 $ 130,026
Commitments and contingencies (Note 9)
Shareholders’ equity:    
Common stock, no par value—shares authorized 25,000; issued and outstanding 10,711 and 10,706 shares, respectively $ 44,944 $ 44,136
Retained earnings 63,999 61,395
Accumulated other comprehensive loss (7,056) (4,763)
Total shareholders’ equity 101,887 100,768
Total liabilities and shareholders’ equity $ 227,940 $ 230,794