CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Apr. 01, 2018	Jul. 02, 2017
Current Assets:
Cash and cash equivalents	$ 792	$ 988
Accounts receivable, net of allowance for doubtful accounts of $374 and $407, respectively	65,730	45,347
Inventories and cost of contracts in progress, net	65,448	60,248
Prepaid expenses and other current assets	3,639	3,851
Total current assets	135,609	110,434
Property, plant and equipment, net	33,760	34,455
Goodwill	12,663	12,663
Other intangible assets, net	22,827	28,445
Deferred income taxes	14,760	24,893
Other non-current assets	4,988	6,253
Total assets	224,607	217,143
Current Liabilities:
Accounts payable	28,401	27,672
Accrued salaries	9,662	11,453
Accrued health benefits	1,207	1,150
Performance based payments on customer contracts	0	1,749
Current portion of capital lease obligations	218	269
Other accrued expenses	11,512	11,959
Total current liabilities	51,000	54,252
Credit facility	96,800	74,500
Capital lease obligations, less current portion	17	167
Environmental remediation	5,092	5,468
Pension liability	787	888
Total liabilities	153,696	135,275
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, 9,834,723 and 9,860,635 shares issued and outstanding, respectively	12,293	12,326
Capital in excess of par value	18,112	17,851
Retained earnings	41,696	52,967
Accumulated other comprehensive loss	(1,190)	(1,276)
Total shareholders’ equity	70,911	81,868
Total liabilities and shareholders’ equity	$ 224,607	$ 217,143