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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Jul. 02, 2022
Current assets:    
Cash and cash equivalents $ 810 $ 1,707
Trade receivables, net of allowance for doubtful accounts of $36 and $12 134,290 135,876
Contract assets 28,329 21,974
Inventories 171,749 155,741
Other 26,469 24,710
Total current assets 361,647 340,008
Property, plant and equipment, net 27,110 26,012
Operating lease right-of-use assets, net 18,652 16,731
Other assets:    
Deferred income tax asset 10,911 10,055
Other 11,928 14,117
Total other assets 22,839 24,172
Total assets 430,248 406,923
Current liabilities:    
Accounts payable 140,704 121,393
Accrued compensation and vacation 7,813 11,836
Current portion of debt, net 6,667 7,402
Other 18,285 23,036
Total current liabilities 173,469 163,667
Long-term liabilities:    
Term loans 4,603 5,716
Revolving loan 107,204 94,577
Operating lease liabilities 13,084 12,023
Deferred income tax liability 24 64
Other long-term obligations 4,553 5,998
Total long-term liabilities 129,468 118,378
Total liabilities 302,937 282,045
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 47,576 47,474
Retained earnings 79,948 77,829
Accumulated other comprehensive loss (213) (425)
Total shareholders’ equity 127,311 124,878
Total liabilities and shareholders’ equity $ 430,248 $ 406,923