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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 26, 2021
Jun. 27, 2021
ASSETS    
Cash and cash equivalents $ 47,620 $ 78,253
Receivables, net 92,175 94,837
Inventories 148,893 141,221
Income taxes receivable 8,162 2,392
Other current assets 15,331 12,364
Total current assets 312,181 329,067
Property, plant and equipment, net 207,461 201,696
Operating lease assets 8,788 8,772
Deferred income taxes 2,448 1,208
Other non-current assets 12,547 14,625
Total assets 543,425 555,368
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 54,761 54,259
Income taxes payable 7,993 1,625
Current operating lease liabilities 2,150 1,856
Current portion of long-term debt 14,971 16,045
Other current liabilities 18,260 31,638
Total current liabilities 98,135 105,423
Long-term debt 66,257 70,336
Non-current operating lease liabilities 6,736 7,032
Deferred income taxes 4,723 6,686
Other long-term liabilities 6,382 7,472
Total liabilities 182,233 196,949
Commitments and contingencies
Common stock, $0.10 par value (500,000,000 shares authorized; 18,498,725 and 18,490,338 shares issued and outstanding as of December 26, 2021 and June 27, 2021, respectively) 1,850 1,849
Capital in excess of par value 67,006 65,205
Retained earnings 353,393 344,797
Accumulated other comprehensive loss (61,057) (53,432)
Total shareholders’ equity 361,192 358,419
Total liabilities and shareholders’ equity $ 543,425 $ 555,368