Consolidated Balance Sheets - USD ($) $ in Thousands	Jul. 02, 2023	Jul. 03, 2022
ASSETS
Cash and cash equivalents	$ 46,960	$ 53,290
Receivables, net	83,725	106,565
Inventories	150,810	173,295
Income taxes receivable	238	160
Other current assets	12,327	18,956
Total current assets	294,060	352,266
Property, plant and equipment, net	218,521	216,338
Operating lease assets	7,791	8,829
Deferred income taxes	3,939	2,497
Other non-current assets	14,508	8,788
Total assets	538,819	588,718
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	44,455	73,544
Income taxes payable	789	1,526
Current operating lease liabilities	1,813	2,190
Current portion of long-term debt	12,006	11,726
Other current liabilities	12,932	19,806
Total current liabilities	71,995	108,792
Long-term debt	128,604	102,309
Non-current operating lease liabilities	6,146	6,736
Deferred income taxes	3,364	4,983
Other long-term liabilities	5,100	4,449
Total liabilities	215,209	227,269
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,081,538 and 17,979,362 shares issued and outstanding as of July 2, 2023 and July 3, 2022, respectively)	1,808	1,798
Capital in excess of par value	68,901	66,120
Retained earnings	306,792	353,136
Accumulated other comprehensive loss	(53,891)	(59,605)
Total shareholders’ equity	323,610	361,449
Total liabilities and shareholders’ equity	$ 538,819	$ 588,718