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Business Segments Information | 12 Months Ended
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Jun. 30, 2012
Business Segments Information [Abstract] |
Business Segments Information | Note 13 – Business Segments Information We have evaluated our operations and have determined that the business was separated into two distinct operating and reportable segments: “Specialty Foods” and “Glassware and Candles.” Specialty Foods–includes the production, marketing and sale of a family of pourable and refrigerated produce salad dressings, croutons, sauces, fruit glazes, refrigerated produce vegetable and fruit dips, chip dips, dry and frozen pasta and egg noodles, caviar, frozen hearth-baked breads, frozen yeast rolls, sweet rolls and biscuits. Salad dressings, sauces, croutons, frozen pasta and egg noodles, frozen bread products and frozen yeast rolls are sold to both retail and foodservice markets. The remaining products of this business segment are primarily directed to retail markets. Glassware and Candles–includes the production and marketing of candles in a variety of popular sizes, shapes and scents and other home fragrance products, as well as the distribution of various commercial products, including glassware and candles. This segment’s products are sold primarily to retail markets such as mass merchandisers and food and drug stores, but also, to a lesser extent, to commercial markets. The following table sets forth reportable segment information with respect to the amount of net sales contributed by each class of similar products of our consolidated net sales in each of the years ending June 30:
|  |  | 2012 |  | 2011 |  | 2010
| Specialty Foods |  |  |  |  |  |
| Non-frozen............................................................................... |  | $ 621,497 |  | $ 570,547 |  | $ 547,704
| Frozen....................................................................................... |  | 367,440 |  | 352,309 |  | 345,552
| Total Specialty Foods......................................................... |  | $ 988,937 |  | $ 922,856 |  | $ 893,256
| Glassware and Candles |  |  |  |  |  |
| Consumer table and giftware.............................................. |  | $ 137,526 |  | $ 161,635 |  | $ 158,327
| Nonconsumer ware and other............................................. |  | 4,896 |  | 5,455 |  | 5,025
| Total Glassware and Candles............................................ |  | $ 142,422 |  | $ 167,090 |  | $ 163,352
| Total................................................................................... |  | $ 1,131,359 |  | $ 1,089,946 |  | $ 1,056,608
Corporate Expenses–include various expenses of a general corporate nature, as well as costs related to certain divested or closed nonfood operations, including the expense associated with retirement plans applicable to those closed units and any real property held for sale. These corporate expenses are generally not directly attributable to the reportable operating segments and therefore have not been allocated to those segments. The following sets forth certain additional financial information attributable to our reportable segments for the years ended June 30 and certain items retained at the corporate level:
|  |  | 2012 |  | 2011 |  | 2010
| Net Sales(1) |  |  |  |  |  |
| Specialty Foods................................................................... |  | $ 988,937 |  | $ 922,856 |  | $ 893,256
| Glassware and Candles..................................................... |  | 142,422 |  | 167,090 |  | 163,352
| Total............................................................................... |  | $ 1,131,359 |  | $ 1,089,946 |  | $ 1,056,608
| Operating Income(2) |  |  |  |  |  |
| Specialty Foods.................................................................. |  | $ 151,479 |  | $ 155,218 |  | $ 176,194
| Glassware and Candles..................................................... |  | 2,105 |  | 3,764 |  | 9,445
| Corporate Expenses.......................................................... |  | (10,297) |  | (11,978) |  | (11,440)
| Total............................................................................... |  | $ 143,287 |  | $ 147,004 |  | $ 174,199
| Identifiable Assets(1)(3) |  |  |  |  |  |
| Specialty Foods................................................................... |  | $ 384,604 |  | $ 385,470 |  | $ 362,844
| Glassware and Candles..................................................... |  | 85,714 |  | 87,452 |  | 105,537
| Corporate............................................................................ |  | 212,317 |  | 149,167 |  | 118,072
| Total............................................................................... |  | $ 682,635 |  | $ 622,089 |  | $ 586,453
| Capital Expenditures |  |  |  |  |  |
| Specialty Foods.................................................................. |  | $ 15,080 |  | $ 34,292 |  | $ 11,321
| Glassware and Candles..................................................... |  | 841 |  | 948 |  | 1,340
| Corporate............................................................................ |  | 426 |  | 103 |  | 172
| Total............................................................................... |  | $ 16,347 |  | $ 35,343 |  | $ 12,833
| Depreciation and Amortization |  |  |  |  |  |
| Specialty Foods.................................................................. |  | $ 17,512 |  | $ 15,435 |  | $ 15,832
| Glassware and Candles..................................................... |  | 2,677 |  | 3,427 |  | 4,601
| Corporate............................................................................ |  | 77 |  | 78 |  | 100
| Total............................................................................... |  | $ 20,266 |  | $ 18,940 |  | $ 20,533
(1) Net sales and long-lived assets are predominantly domestic. (2) Operating income represents net sales less operating expenses related to the business segments. All intercompany transactions have been eliminated, and intersegment revenues are not significant. (3) Identifiable assets for each segment include those assets used in its operations and intangible assets allocated to purchased businesses. Corporate assets consist principally of cash and equivalents, deferred income taxes and certain real property that is held for sale. Combined net sales from the two segments attributable to Wal-Mart Stores, Inc. (“Wal-Mart”) for each of the years ending June 30 were as follows:
|  |  | 2012 |  | 2011 |  | 2010
| Net sales to Wal-Mart................................................... |  | $ 238,719 |  | $ 243,064 |  | $ 246,759
| As a percentage of consolidated net sales................. |  | 21% |  | 22% |  | 23%
Combined accounts receivable for the two segments attributable to Wal-Mart at June 30 as a percentage of consolidated accounts receivable were as follows:
|  |  | 2012 |  | 2011
| Accounts receivable due from Wal-Mart as a percentage of consolidated accounts receivable.............................................................. |  | 41% |  | 35%

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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