v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Jun. 24, 2022
Current assets    
Cash and cash equivalents $ 230,743 $ 197,996
Short-term restricted cash 0 220
Short-term investments 307,980 280,157
Trade accounts receivable, net of allowance for doubtful accounts of $1,031 and $1,271, respectively 540,343 439,330
Contract assets 21,081 13,464
Inventories 554,247 557,145
Prepaid expenses 10,606 11,626
Other current assets 39,610 25,233
Total current assets 1,704,610 1,525,171
Non-current assets    
Long-term restricted cash 0 149
Property, plant and equipment, net 308,365 292,277
Intangibles, net 2,471 3,508
Operating right-of-use assets 2,210 4,084
Deferred tax assets 10,487 9,800
Other non-current assets 658 652
Total non-current assets 324,191 310,470
Total Assets 2,028,801 1,835,641
Current liabilities    
Long-term borrowings, current portion, net 12,156 12,156
Trade accounts payable 436,085 439,684
Fixed assets payable 20,116 9,085
Contract liabilities 3,249 1,982
Operating lease liabilities, current portion 1,634 2,319
Income tax payable 2,785 2,898
Accrued payroll, bonus and related expenses 28,899 20,374
Accrued expenses 23,428 24,758
Other payables 26,637 25,231
Total current liabilities 554,989 538,487
Non-current liabilities    
Long-term borrowings, non-current portion, net 3,039 15,202
Deferred tax liability 6,159 6,001
Operating lease liability, non-current portion 235 1,476
Severance liabilities 21,267 18,384
Other non-current liabilities 1,531 2,409
Total non-current liabilities 32,231 43,472
Total Liabilities 587,220 581,959
Commitments and contingencies (Note 15)
Shareholders’ equity    
Preferred shares (5,000,000 shares authorized, $0.01 par value; no shares issued and outstanding as of March 31, 2023 and June 24, 2022) 0 0
Ordinary shares (500,000,000 shares authorized, $0.01 par value; 39,274,783 shares and 39,048,700 shares issued at March 31, 2023 and June 24, 2022, respectively; and 36,578,909 shares and 36,436,683 shares outstanding at March 31, 2023 and June 24, 2022, respectively) 393 390
Additional paid-in capital 200,141 196,667
Less: Treasury shares (2,695,874 shares and 2,612,017 shares as of March 31, 2023 and June 24, 2022, respectively) (156,475) (147,258)
Accumulated other comprehensive income (loss) (6,281) (12,793)
Retained earnings 1,403,803 1,216,676
Total Shareholders’ Equity 1,441,581 1,253,682
Total Liabilities and Shareholders’ Equity $ 2,028,801 $ 1,835,641