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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 29, 2025
Jun. 29, 2024
Current assets:    
Cash and cash equivalents $ 2,468 $ 4,752
Trade receivables, net of credit losses of $2,798 and $2,918 112,333 132,559
Contract assets 19,032 21,250
Inventories 99,330 105,099
Other, net of credit losses of $1,496 and $1,679 19,653 24,739
Total current assets 252,816 288,399
Property, plant and equipment, net 27,977 28,806
Operating lease right-of-use assets, net 12,592 15,416
Other assets:    
Deferred income tax asset 21,563 17,376
Other, net of credit losses of $500 and $0 13,609 5,346
Total other assets 35,172 22,722
Total assets 328,557 355,343
Current liabilities:    
Accounts payable 65,267 79,394
Accrued compensation and vacation 5,857 6,510
Current portion of long-term debt 5,078 3,123
Other 16,586 15,149
Total current liabilities 92,788 104,176
Long-term liabilities:    
Long-term debt, net 108,516 116,383
Operating lease liabilities 7,653 10,312
Deferred income tax liability 5 263
Other long-term obligations 0 219
Total long-term liabilities 116,174 127,177
Total liabilities 208,962 231,353
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 47,393 47,284
Retained earnings 72,527 76,921
Accumulated other comprehensive loss (325) (215)
Total shareholders’ equity 119,595 123,990
Total liabilities and shareholders’ equity $ 328,557 $ 355,343