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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 28, 2021
Jun. 28, 2020
ASSETS    
Cash and cash equivalents $ 75,598 $ 75,267
Receivables, net 96,988 53,726
Inventories 122,004 109,704
Income taxes receivable 9,594 4,033
Other current assets 8,475 11,763
Total current assets 312,659 254,493
Property, plant and equipment, net 196,762 204,246
Operating lease assets 9,009 8,940
Deferred income taxes 2,344 2,352
Other non-current assets 7,598 4,131
Total assets 528,372 474,162
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 47,645 25,610
Accrued expenses 27,145 13,689
Income taxes payable 10,245 349
Current operating lease liabilities 1,849 1,783
Current portion of long-term debt 13,726 13,563
Total current liabilities 100,610 54,994
Long-term debt 75,134 84,607
Non-current operating lease liabilities 7,264 7,251
Other long-term liabilities 8,811 8,606
Deferred income taxes 956 2,549
Total liabilities 192,775 158,007
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,490,338 and 18,446,436 shares issued and outstanding as of March 28, 2021 and June 28, 2020, respectively) 1,849 1,845
Capital in excess of par value 64,686 62,392
Retained earnings 331,378 315,724
Accumulated other comprehensive loss (62,316) (63,806)
Total shareholders’ equity 335,597 316,155
Total liabilities and shareholders’ equity $ 528,372 $ 474,162