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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 26, 2021
Jun. 27, 2021
ASSETS    
Cash and cash equivalents $ 49,556 $ 78,253
Receivables, net 103,031 94,837
Inventories 150,511 141,221
Income taxes receivable 3,368 2,392
Other current assets 12,816 12,364
Total current assets 319,282 329,067
Property, plant and equipment, net 203,339 201,696
Operating lease assets 9,561 8,772
Deferred income taxes 2,462 1,208
Other non-current assets 14,061 14,625
Total assets 548,705 555,368
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 57,528 54,259
Income taxes payable 5,177 1,625
Current operating lease liabilities 2,150 1,856
Current portion of long-term debt 15,428 16,045
Other current liabilities 19,319 31,638
Total current liabilities 99,602 105,423
Long-term debt 68,465 70,336
Non-current operating lease liabilities 7,524 7,032
Deferred income taxes 4,473 6,686
Other long-term liabilities 7,644 7,472
Total liabilities 187,708 196,949
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,523,978 and 18,490,338 shares issued and outstanding as of September 26, 2021 and June 27, 2021, respectively) 1,852 1,849
Capital in excess of par value 65,770 65,205
Retained earnings 353,477 344,797
Accumulated other comprehensive loss (60,102) (53,432)
Total shareholders’ equity 360,997 358,419
Total liabilities and shareholders’ equity $ 548,705 $ 555,368