CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 02, 2022	Jul. 03, 2021
ASSETS
Cash and cash equivalents	$ 1,722	$ 3,473
Trade receivables, net of allowance for doubtful accounts of $219 and $275	137,835	110,324
Contract assets	23,443	24,781
Inventories, net	155,066	137,329
Other	26,017	23,345
Total current assets	344,083	299,252
Property, plant and equipment, net	26,690	35,735
Operating lease right-of-use assets, net	17,838	15,745
Other assets:
Deferred income tax asset	11,485	9,656
Other	11,330	1,458
Total other assets	22,815	11,114
Total assets	411,426	361,846
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	125,174	92,823
Accrued compensation and vacation	8,659	11,471
Current portion of debt, net	6,143	2,143
Other	24,362	20,268
Total current liabilities	164,338	126,705
Long-term liabilities:
Term loans	6,268	7,906
Revolving loan	99,198	90,362
Operating lease liabilities	12,059	11,428
Deferred income tax liability	51	0
Other long-term obligations	5,486	1,740
Total long-term liabilities	123,062	111,436
Total liabilities	287,400	238,141
Commitments and contingencies (Note 8)
Shareholders’ equity:
Common stock, no par value—shares authorized 25,000; issued and outstanding 10,762 and 10,762 shares, respectively	47,399	47,181
Retained earnings	76,861	74,452
Accumulated other comprehensive income (loss)	(234)	2,072
Total shareholders’ equity	124,026	123,705
Total liabilities and shareholders’ equity	$ 411,426	$ 361,846