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CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 27, 2020
Jun. 29, 2019
Current assets:    
Cash and cash equivalents $ 553,000 $ 601,000
Trade receivables, net of allowance for doubtful accounts of $609 and $58 86,123,000 58,429,000
Inventories, net 115,020,000 100,431,000
Other 17,315,000 16,477,000
Total current assets 242,764,000 198,099,000
Property, plant and equipment, net 31,764,000 29,413,000
Operating Lease, Right-of-Use Asset 17,568,000 0
Other assets:    
Deferred income tax asset 10,178,000 7,840,000
Other intangible assets, net 0 657,000
Other 2,587,000 2,301,000
Total other assets 12,765,000 10,798,000
Total assets 304,861,000 238,310,000
Current liabilities:    
Accounts payable 80,204,000 73,571,000
Accrued compensation and vacation 10,428,000 6,759,000
Current portion of debt, net 7,508,000 5,841,000
Other 14,079,000 7,233,000
Total current liabilities 112,219,000 93,404,000
Long-term liabilities:    
Term loans 3,258,000 7,091,000
Revolving loan 60,094,000 23,356,000
Operating lease liabilities 12,624,000 0
Deferred income tax liability 234,000 0
Other long-term obligations 875,000 0
Total long-term liabilities 77,085,000 30,447,000
Total liabilities 189,304,000 123,851,000
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 46,946,000 46,680,000
Retained earnings 70,111,000 65,353,000
Accumulated other comprehensive (loss) income (1,500,000) 2,426,000
Total shareholders’ equity 115,557,000 114,459,000
Total liabilities and shareholders’ equity $ 304,861,000 $ 238,310,000