CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 01, 2017	Jul. 03, 2016
Current Assets:
Cash and cash equivalents	$ 589	$ 132
Accounts receivable, net of allowance for doubtful accounts of $289 and $407, respectively	47,396	46,759
Inventories and cost of contracts in progress, net	59,871	77,871
Prepaid expenses and other current assets	5,615	5,844
Total current assets	113,471	130,606
Property, plant and equipment, net	32,901	33,320
Goodwill	12,663	12,663
Other intangible assets, net	32,533	36,933
Deferred income taxes	25,752	25,784
Other non-current assets	5,852	6,692
Total assets	223,172	245,998
Current Liabilities:
Accounts payable	29,798	38,290
Accrued salaries and benefits	10,303	11,512
Current portion of capital lease obligations	267	217
Other accrued expenses	10,696	12,420
Total current liabilities	51,064	62,439
Credit facility	85,706	97,206
Capital lease obligations, less current portion	302	332
Environmental remediation	5,700	6,117
Pension liability	1,204	1,276
Total liabilities	143,976	167,370
Commitments and contingencies
Shareholders’ Equity:
Preferred stock, no par value; 200,000 shares authorized, none issued	0	0
Common stock, $1.25 par value; 15,000,000 shares authorized, 9,835,635 and 9,845,469 shares issued and outstanding, respectively	12,295	12,307
Capital in excess of par value	17,696	16,407
Retained earnings	50,851	51,650
Accumulated other comprehensive loss	(1,646)	(1,736)
Total shareholders’ equity	79,196	78,628
Total liabilities and shareholders’ equity	$ 223,172	$ 245,998