v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 03, 2026
Jun. 27, 2025
Current Assets:    
Cash and cash equivalents $ 72,844 $ 59,690
Accounts receivable, net 192,245 180,321
Unbilled receivables 82,125 105,870
Inventories 69,005 83,979
Other current assets 23,026 33,715
Total current assets 439,245 463,575
Property, plant and equipment, net 18,776 17,453
Goodwill 19,411 19,655
Intangible assets, net 23,574 26,897
Deferred income taxes 82,064 88,149
Right-of-use assets 2,001 3,113
Other assets 13,891 14,454
Total assets 598,962 633,296
Current Liabilities:    
Accounts payable 119,500 148,093
Accrued expenses 34,125 38,897
Operating lease liabilities 442 1,090
Advance payments and unearned revenue 59,943 73,735
Other current liabilities 1,243 1,757
Current portion of long-term debt 7,900 18,624
Total current liabilities 223,153 282,196
Long-term debt 89,100 68,966
Unearned revenue 9,017 8,063
Long-term operating lease liabilities 1,739 2,241
Other long-term liabilities 0 430
Reserve for uncertain tax positions 5,260 3,242
Deferred income taxes 3,305 4,975
Total liabilities 331,574 370,113
Commitments and contingencies (Note 13)
Stockholders’ equity    
Preferred stock, $0.01 par value; 50.0 million shares authorized; none issued 0 0
Common stock, $0.01 par value; 300.0 million shares authorized; 12.8 million and 12.7 million shares issued and outstanding as of July 3, 2026 and June 27, 2025, respectively 129 127
Treasury stock, 0.4 million and 0.2 million shares as of July 3, 2026 and June 27, 2025, respectively (9,744) (7,076)
Additional paid-in-capital 872,081 866,119
Accumulated deficit (574,633) (577,172)
Accumulated other comprehensive loss (20,445) (18,815)
Total stockholders’ equity 267,388 263,183
Total liabilities and stockholders’ equity $ 598,962 $ 633,296