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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 28, 2024
Jun. 29, 2024
Current assets:    
Cash and cash equivalents $ 6,555 $ 4,752
Trade receivables, net of credit losses of $3,129 and $2,918 133,984 132,559
Contract assets 23,626 21,250
Inventories 95,845 105,099
Other, net of credit losses of $1,642 and $1,679 28,273 24,739
Total current assets 288,283 288,399
Property, plant and equipment, net 27,910 28,806
Operating lease right-of-use assets, net 14,612 15,416
Other assets:    
Deferred income tax asset 18,394 17,376
Other 6,735 5,346
Total other assets 25,129 22,722
Total assets 355,934 355,343
Current liabilities:    
Accounts payable 83,768 79,394
Accrued compensation and vacation 6,870 6,510
Current portion of long-term debt 3,057 3,123
Other 18,450 15,149
Total current liabilities 112,145 104,176
Long-term liabilities:    
Long-term debt, net 109,675 116,383
Operating lease liabilities 9,573 10,312
Deferred income tax liability 74 263
Other long-term obligations 124 219
Total long-term liabilities 119,446 127,177
Total liabilities 231,591 231,353
Commitments and contingencies
Shareholders’ equity:    
Common stock, no par value—shares authorized $25,000; issued and outstanding $10,762 and $10,762 shares, respectively 47,351 47,284
Retained earnings 78,045 76,921
Accumulated other comprehensive (loss) (1,053) (215)
Total shareholders’ equity 124,343 123,990
Total liabilities and shareholders’ equity $ 355,934 $ 355,343