REVENUE (Tables)

12 Months Ended

Jun. 27, 2026

Revenue from Contract with Customer [Abstract]

The following table summarizes the activity in the Company’s contract assets during the twelve months ended June 27, 2026 (in thousands):


	Contract Assets
Beginning balance, June 28, 2025	$	17,409
Revenue recognized	$	367,431
Amounts collected or invoiced	(360,621)
Ending balance, June 27, 2026	$	24,219

The following table summarizes the activity in the Company’s contract assets during the twelve months ended June 28, 2025 (in thousands):


	Contract Assets
Beginning balance, June 29, 2024	$	21,250
Revenue recognized	$	443,294
Amounts collected or invoiced	(447,135)
Ending balance, June 28, 2025	$	17,409

The Company also has long term contract assets of approximately $4.7 million at June 27, 2026, and $10.4 million at June 28, 2025, classified under Other long-term assets in the condensed consolidated balance sheet. No revenue was recognized, and approximately $0.8 million was collected or invoiced related to these balances during the period. The remaining decrease relates to a provision for credit losses that was booked during 2026. The remaining performance obligations related to these amounts are tied to the manufacturing of electronic products.

Schedule of Disaggregation of Revenue

The following table presents the Company’s revenue disaggregated for the twelve months ended June 27, 2026, and the twelve months ended June 28, 2025, (in thousands):


	Revenue
Recognition	June 27, 2026		June 28, 2025
Over-Time	$	367,431	$	443,294
Point-in-Time	19,236		24,577
Total	$	386,667	$	467,871