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Business Segment Information | 12 Months Ended
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Jun. 30, 2014
Segment Reporting [Abstract] |
Business Segment Information | Business Segment Information We operate our business in one reportable segment, “Specialty Foods.” Our management evaluates segment performance based on sales and operating income. 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, hummus, 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. 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:
| 2014 |  | 2013 |  | 2012
Specialty Foods |  |  |  |  |
Non-frozen | $ | 681,872 |  |  | $ | 649,447 |  |  | $ | 621,497 |
Frozen | 359,203 |  |  | 364,356 |  |  | 367,440 |
Total | $ | 1,041,075 |  |  | $ | 1,013,803 |  |  | $ | 988,937 |
Corporate Expenses–includes 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. These corporate expenses are generally not directly attributable to the reportable operating segment and therefore have not been allocated to the segment. The following sets forth certain additional financial information attributable to our reportable segment for the years ended June 30 and certain items retained at the corporate level:
| 2014 |  | 2013 |  | 2012
Net Sales - Specialty Foods | $ | 1,041,075 |  |  | $ | 1,013,803 |  |  | $ | 988,937 |
Operating Income (1) (3) |  |  |  |  |
Specialty Foods | $ | 165,383 |  |  | $ | 165,710 |  |  | $ | 151,479 |
Corporate Expenses | (11,616 | ) |  | (11,787 | ) |  | (10,297 | )
Total | $ | 153,767 |  |  | $ | 153,923 |  |  | $ | 141,182 |
Identifiable Assets (2) |  |  |  |  |
Specialty Foods | $ | 405,416 |  |  | $ | 392,494 |  |  | $ | 384,604 |
Assets of Discontinued Operations | — |  |  | 78,578 |  |  | 85,370 |
Corporate | 233,214 |  |  | 148,892 |  |  | 212,661 |
Total | $ | 638,630 |  |  | $ | 619,964 |  |  | $ | 682,635 |
Capital Expenditures (3) |  |  |  |  |
Specialty Foods | $ | 15,578 |  |  | $ | 23,341 |  |  | $ | 15,080 |
Corporate | 67 |  |  | 119 |  |  | 426 |
Total | $ | 15,645 |  |  | $ | 23,460 |  |  | $ | 15,506 |
Depreciation and Amortization (3) |  |  |  |  |
Specialty Foods | $ | 18,785 |  |  | $ | 17,469 |  |  | $ | 17,512 |
Corporate | 208 |  |  | 148 |  |  | 77 |
Total | $ | 18,993 |  |  | $ | 17,617 |  |  | $ | 17,589 |
(1) | Operating income represents net sales less operating expenses related to the business segment. All intercompany transactions have been eliminated.
(2) | Segment identifiable assets include those assets used in its operations and other intangible assets allocated to purchased businesses. Corporate assets consist principally of cash and equivalents, prepaid Federal, state and local income taxes and deferred income taxes.
(3) | Financial information reflects continuing operations.
Net sales attributable to McLane Company, Inc. ("McLane"), a wholesale distribution subsidiary of Berkshire Hathaway, Inc., for each of the years ended June 30 were as follows:
| 2014 |  | 2013
Net sales to McLane | $ | 186,817 |  |  | $ | 132,872 |
As a percentage of consolidated net sales | 18 | % |  | 13 | %
Net sales attributable to Wal-Mart Stores, Inc. (“Wal-Mart”) for each of the years ending June 30 were as follows:
| 2014 |  | 2013 |  | 2012
Net sales to Wal-Mart | $ | 175,388 |  |  | $ | 168,976 |  |  | $ | 160,167 |
As a percentage of consolidated net sales | 17 | % |  | 17 | % |  | 16 | %
Accounts receivable attributable to Wal-Mart at June 30 as a percentage of consolidated accounts receivable were as follows:
| 2014 |  | 2013
Accounts receivable due from Wal-Mart as a percentage of consolidated accounts receivable | 27 | % |  | 24 | %
Accounts receivable attributable to McLane at June 30 as a percentage of consolidated accounts receivable were as follows:
| 2014 |  | 2013
Accounts receivable due from McLane as a percentage of consolidated accounts receivable | 13 | % |  | 15 | %

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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 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: 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 4: 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 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 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: 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 8: 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 Reference 9: 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 10: 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 11: 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 12: 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 13: 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 14: 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 + Details
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