XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jan. 01, 2023
Jul. 03, 2022
ASSETS    
Cash and cash equivalents $ 50,781 $ 53,290
Receivables, net 64,980 106,565
Inventories 147,253 173,295
Income taxes receivable 1,938 160
Other current assets 13,203 18,956
Total current assets 278,155 352,266
Property, plant and equipment, net 226,279 216,338
Operating lease assets 7,736 8,829
Deferred income taxes 2,841 2,497
Other non-current assets 13,222 8,788
Total assets 528,233 588,718
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 33,784 73,544
Income taxes payable 587 1,526
Current operating lease liabilities 2,002 2,190
Current portion of long-term debt 11,092 11,726
Other current liabilities 11,345 19,806
Total current liabilities 58,810 108,792
Long-term debt 118,980 102,309
Non-current operating lease liabilities 5,818 6,736
Deferred income taxes 4,986 4,983
Other long-term liabilities 4,760 4,449
Total liabilities 193,354 227,269
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,049,381 and 17,979,362 shares issued and outstanding as of January 1, 2023 and July 3, 2022, respectively) 1,805 1,798
Capital in excess of par value 67,875 66,120
Retained earnings 327,265 353,136
Accumulated other comprehensive loss (62,066) (59,605)
Total shareholders’ equity 334,879 361,449
Total liabilities and shareholders’ equity $ 528,233 $ 588,718