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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 30, 2022
Jul. 01, 2022
Current Assets:    
Cash and cash equivalents $ 21,360 $ 36,877
Marketable securities 2 10,893
Accounts receivable, net 91,371 73,168
Unbilled receivables 53,600 45,857
Inventories 35,185 25,394
Customer service inventories 1,875 1,775
Other current assets 20,132 12,437
Total current assets 223,525 206,401
Property, plant and equipment, net 11,416 8,887
Goodwill 4,950 0
Intangible assets, net 7,042 0
Deferred income taxes 89,647 95,412
Right of use assets 2,874 2,759
Other assets 9,834 10,445
TOTAL ASSETS 349,288 323,904
Current Liabilities:    
Accounts payable 59,750 42,394
Accrued expenses 23,605 26,451
Short-term lease liabilities 784 513
Advance payments and unearned revenue 38,870 33,740
Restructuring liabilities 1,472 1,381
Total current liabilities 124,481 104,479
Unearned revenue 7,824 8,920
Long-term lease liabilities 2,368 2,412
Other long-term liabilities 249 273
Reserve for uncertain tax positions 5,307 5,504
Deferred income taxes 563 563
Total liabilities 140,792 122,151
Commitments and contingencies (Note 13)
Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 11,377,066 shares issued and outstanding at December 30, 2022; 11,160,160 shares issued and outstanding at July 1, 2022 114 112
Treasury stock (6,147) (6,147)
Additional paid-in-capital 826,812 823,259
Accumulated deficit (596,142) (599,442)
Accumulated other comprehensive loss (16,141) (16,029)
Total equity 208,496 201,753
TOTAL LIABILITIES AND EQUITY $ 349,288 $ 323,904