Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Jul. 01, 2017
Assets    
Cash and cash equivalents $ 22,035 $ 33,469
Accounts receivable, net of allowance for doubtful accounts of $2,697 and $3,022 124,895 114,510
Inventories, net 24,228 26,992
Costs/estimated earnings in excess of billings on uncompleted contracts 77,008 82,358
Assets held for sale 196 196
Other assets 30,102 29,317
Total current assets 278,464 286,842
Property, plant and equipment, net 22,451 24,239
Intangibles, net 48,716 50,180
Deferred tax asset 6,281 6,474
Other assets 10,947 8,600
Total assets 366,859 376,335
Liabilities    
Accounts payable 66,962 64,784
Accrued compensation and benefits 13,936 17,259
Deferred revenue 28,294 27,713
Billings in excess of costs/estimated earnings on uncompleted contracts 13,163 14,667
Short-term debt 156,020 157,832
Other liabilities 34,606 26,780
Total current liabilities 312,981 309,035
Long-term debt 387 477
Other liabilities 16,712 16,481
Total liabilities 330,080 325,993
Stockholders’ equity    
Preferred stock authorized 5,000, par value $1.00, none issued 0 0
Common stock authorized 100,000, par value $.001, 15,234 and 15,141 shares outstanding, 27,021 and 26,880 issued 26 26
Additional paid-in capital 510,964 509,960
Retained earnings (45,737) (35,664)
Accumulated other comprehensive income (loss) (12,374) (7,992)
Treasury stock, at cost 11,787 and 11,740 shares (416,100) (415,988)
Total stockholders’ equity 36,779 50,342
Total liabilities and stockholders’ equity $ 366,859 $ 376,335