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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Jul. 02, 2021
Current assets:    
Cash and cash equivalents $ 105,169 $ 113,839
Accounts receivable, net of allowance for credit losses of $1,833 and $1,720 at December 31, 2021 and July 2, 2021, respectively 126,325 128,807
Unbilled receivables and costs in excess of billings 193,803 162,921
Inventory 251,272 221,640
Prepaid income taxes 16,070 782
Prepaid expenses and other current assets 16,153 15,111
Total current assets 708,792 643,100
Property and equipment, net 127,385 128,524
Goodwill 942,346 804,906
Intangible assets, net 376,091 307,559
Operating lease right-of-use assets 71,974 66,373
Other non-current assets 4,186 4,675
Total assets 2,230,774 1,955,137
Current liabilities:    
Accounts payable 59,389 47,951
Accrued expenses 31,391 24,652
Accrued compensation 37,952 40,043
Deferred revenues and customer advances 34,940 38,177
Total current liabilities 163,672 150,823
Deferred income taxes 29,561 28,810
Income taxes payable 8,160 7,467
Long-term debt 451,500 200,000
Operating lease liabilities 75,108 71,508
Other non-current liabilities 15,652 12,383
Total liabilities 743,653 470,991
Commitments and contingencies (Note N)
Shareholders' equity:    
Preferred stock, $0.01 par value; 1,000,000, shares authorized; no shares issued or outstanding 0 0
Common stock, $0.01 par value; 85,000,000 shares authorized; 55,583,012 and 55,241,120 shares issued and outstanding at December 31, 2021 and July 2, 2021, respectively 556 552
Additional paid-in capital 1,122,113 1,109,434
Retained earnings 364,720 374,499
Accumulated other comprehensive loss (268) (339)
Total shareholders’ equity 1,487,121 1,484,146
Total liabilities and shareholders’ equity $ 2,230,774 $ 1,955,137