Acquisitions (Tables)

9 Months Ended

Mar. 29, 2024

Business Combination and Asset Acquisition [Abstract]

Schedule of Preliminary Purchase Consideration

A summary of the preliminary purchase price allocation is as follows:

(In thousands)
Accounts receivable, net	$	51,787
Inventories	34,175
Property, plant and equipment, net	539
Identifiable finite-lived intangible assets:
Customer relationships	3,800
Technology	1,800
Other assets	243
Accounts payable	(13,182)
Advance payments and unearned revenue	(3,192)
Other liabilities	(2,187)
Goodwill	3,106
Net assets acquired	$	76,889

Schedule of Pro Forma Adjustments

The following unaudited supplemental pro forma information has been presented as if the NEC Transaction occurred at the beginning of fiscal 2023 and includes certain pro forma adjustments for interest expense, depreciation and amortization expense, the fair value of acquired inventory, and transaction costs, net of income tax:

	Three Months Ended				Nine Months Ended
	March 29, 2024		March 31, 2023		March 29, 2024		March 31, 2023
Revenue	$	111,613	$	139,094	$	379,128	$	408,358
Net income (loss)	4,393		7,812		18,765		(1,214)