Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Jul. 02, 2023
ASSETS
Cash and cash equivalents	$ 26,805	$ 46,960
Receivables, net	79,165	83,725
Inventories	131,181	150,810
Income taxes receivable	164	238
Other current assets	11,618	12,327
Total current assets	248,933	294,060
Property, plant and equipment, net	193,723	218,521
Operating lease assets	8,245	7,791
Deferred income taxes	5,392	3,939
Other non-current assets	12,951	14,508
Total assets	469,244	538,819
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	43,622	44,455
Income taxes payable	754	789
Current operating lease liabilities	2,251	1,813
Current portion of long-term debt	12,277	12,006
Other current liabilities	17,662	12,932
Total current liabilities	76,566	71,995
Long-term debt	117,793	128,604
Non-current operating lease liabilities	6,124	6,146
Deferred income taxes	1,869	3,364
Other long-term liabilities	3,507	5,100
Total liabilities	205,859	215,209
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,251,545 and 18,081,538 shares issued and outstanding as of June 30, 2024 and July 2, 2023, respectively)	1,825	1,808
Capital in excess of par value	70,952	68,901
Retained earnings	259,397	306,792
Accumulated other comprehensive loss	(68,789)	(53,891)
Total shareholders’ equity	263,385	323,610
Total liabilities and shareholders’ equity	$ 469,244	$ 538,819