AVIAT NETWORKS INC
For the period ended Jun 28, 2024. Filed Oct 4, 2024.
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FY2024 · Filed Oct 4, 2024
AVNW$19.13+8.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| (In thousands, except share and par value amounts) | June 28, 2024 | June 30, 2023 |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $64,622 | $22,242 |
| Accounts receivable, net | 158,013 | 100,911 |
| Unbilled receivables | 90,525 | 57,170 |
| Inventories | 62,267 | 33,428 |
| Assets held for sale | 2,720 | — |
| Other current assets | 27,076 | 22,164 |
| Total current assets | 405,223 | 235,915 |
| Property, plant and equipment, net | 9,480 | 9,452 |
| Goodwill | 8,217 | 5,112 |
| Intangible assets, net | 13,644 | 9,046 |
| Deferred income taxes | 83,112 | 87,080 |
| Right-of-use assets | 3,710 | 2,554 |
| Other assets | 11,837 | 13,978 |
| Total assets | $535,223 | $363,137 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $92,854 | $60,141 |
| Accrued expenses | 42,148 | 24,442 |
| Operating lease liabilities | 1,006 | 610 |
| Advance payments and unearned revenue | 58,839 | 44,268 |
| Other current liabilities | 21,614 | 600 |
| Current portion of long-term debt | 2,396 | — |
| Total current liabilities | 218,857 | 130,061 |
| Long-term debt | 45,954 | — |
| Unearned revenue | 7,413 | 7,416 |
| Long-term operating lease liabilities | 2,823 | 2,140 |
| Other long-term liabilities | 394 | 314 |
| Reserve for uncertain tax positions | 3,485 | 3,975 |
| Deferred income taxes | 412 | 492 |
| Total liabilities | 279,338 | 144,398 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity | ||
| Preferred stock, $0.01 par value; 50.0 million shares authorized; none issued | — | — |
| Common stock, $0.01 par value; 300.0 million shares authorized; 12.6 million and 11.5 million shares issued and outstanding as of June 28, 2024 and June 30, 2023, respectively | 126 | 115 |
| Treasury stock 0.2 million and 0.2 million shares as of June 28, 2024 and June 30, 2023, respectively | (6,479) | (6,147) |
| Additional paid-in-capital | 860,071 | 830,048 |
| Accumulated deficit | (578,513) | (589,273) |
| Accumulated other comprehensive loss | (19,320) | (16,004) |
| Total stockholders’ equity | 255,885 | 218,739 |
| Total liabilities and stockholders’ equity | $535,223 | $363,137 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.