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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 30, 2024
Jul. 01, 2023
Current assets:    
Cash and cash equivalents $ 5,255 $ 3,603
Trade receivables, net of allowance for doubtful accounts of $85 and $23 135,642 150,600
Contract assets 28,619 29,925
Inventories 115,115 137,911
Other 22,224 27,510
Total current assets 306,855 349,549
Property, plant and equipment, net 29,046 28,870
Operating lease right-of-use assets, net 16,790 16,202
Other assets:    
Deferred income tax asset 14,577 12,254
Other 6,109 11,397
Total other assets 20,686 23,651
Total assets 373,377 418,272
Current liabilities:    
Accounts payable 82,198 115,899
Accrued compensation and vacation 7,071 13,351
Current portion of debt, net 5,928 7,849
Other 14,206 14,867
Total current liabilities 109,403 151,966
Long-term liabilities:    
Term loans 5,681 6,726
Revolving loan 116,512 114,805
Operating lease liabilities 11,351 10,317
Deferred income tax liability 19 274
Other long-term obligations 336 3,567
Total long-term liabilities 133,899 135,689
Total liabilities 243,302 287,655
Commitments and contingencies
Shareholders’ equity:    
Common stock, no par value—shares authorized $25,000; issued and outstanding $10,762 and $10,762 shares, respectively 47,891 47,728
Retained earnings 82,184 82,986
Accumulated other comprehensive (loss) 0 (97)
Total shareholders’ equity 130,075 130,617
Total liabilities and shareholders’ equity $ 373,377 $ 418,272