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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 29, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 601,000 $ 343,000
Trade receivables, net of allowance for doubtful accounts of $58 and $0 58,429,000 70,262,000
Inventories, net 100,431,000 110,315,000
Other 16,477,000 13,600,000
Total current assets 198,099,000 194,520,000
Property, plant and equipment, net 29,413,000 27,548,000
Other assets:    
Deferred income tax asset 7,840,000 7,882,000
Goodwill 0 9,957,000
Other intangible assets, net 657,000 3,726,000
Other 2,301,000 2,895,000
Total other assets 10,798,000 24,460,000
Total assets 238,310,000 246,528,000
Current liabilities:    
Accounts payable 73,571,000 76,198,000
Accrued compensation and vacation 6,759,000 8,105,000
Current portion of debt, net 5,841,000 5,841,000
Other 7,233,000 8,769,000
Total current liabilities 93,404,000 98,913,000
Long-term liabilities:    
Term loans 7,091,000 12,932,000
Revolving loan 23,356,000 16,222,000
Other long-term obligations 0 380,000
Total long-term liabilities 30,447,000 29,534,000
Total liabilities 123,851,000 128,447,000
Commitments and contingencies (Note 4 and 9)
Shareholders’ equity:    
Common stock, no par value—shares authorized 25,000; issued and outstanding 10,760 and 10,760 shares, respectively 46,680,000 46,244,000
Retained earnings 65,353,000 72,806,000
Accumulated other comprehensive loss 2,426,000 (969,000)
Total shareholders’ equity 114,459,000 118,081,000
Total liabilities and shareholders’ equity $ 238,310,000 $ 246,528,000