XML 71 R2.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 28, 2020
Jun. 29, 2019
ASSETS    
Cash and cash equivalents $ 1,302 $ 601
Trade receivables, net of allowance for doubtful accounts of $609 and $58 77,329 58,429
Contract assets 17,681 22,161
Inventories, net 114,052 100,431
Other 19,597 16,477
Total current assets 229,961 198,099
Property, plant and equipment, net 30,594 29,413
Operating lease right-of-use assets, net 15,347 0
Other assets:    
Deferred income tax asset 9,825 7,840
Other intangible assets, net 0 657
Other 2,676 2,301
Total other assets 12,501 10,798
Total assets 288,403 238,310
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 71,893 73,571
Accrued compensation and vacation 6,702 6,759
Current portion of debt, net 7,508 5,841
Other 15,470 7,233
Total current liabilities 101,573 93,404
Long-term liabilities:    
Term loans 5,210 7,091
Revolving loan 57,236 23,356
Operating lease liabilities 10,327 0
Other long-term obligations 1,117 0
Total long-term liabilities 73,890 30,447
Total liabilities 175,463 123,851
Commitments and contingencies (Note 9)
Shareholders’ equity:    
Common stock, no par value—shares authorized 25,000; issued and outstanding 10,760 and 10,760 shares, respectively 46,880 46,680
Retained earnings 68,639 65,353
Accumulated other comprehensive gain (loss) (2,579) 2,426
Total shareholders’ equity 112,940 114,459
Total liabilities and shareholders’ equity $ 288,403 $ 238,310