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Business Segment Information | 12 Months Ended
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Jun. 30, 2016
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. The following table sets forth 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 ended June 30:
| 2016 |  | 2015 |  | 2014
Specialty Foods |  |  |  |  |
Non-frozen | $ | 818,716 |  |  | $ | 741,726 |  |  | $ | 681,872 |
Frozen | 372,393 |  |  | 362,788 |  |  | 359,203 |
Total | $ | 1,191,109 |  |  | $ | 1,104,514 |  |  | $ | 1,041,075 |
Our 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 therefore have not been allocated to the Specialty Foods segment. The following sets forth certain additional financial segment information of continuing operations for the years ended June 30 and certain items retained at the corporate level:
| 2016 |  | 2015 |  | 2014
Net Sales (1) (2) | $ | 1,191,109 |  |  | $ | 1,104,514 |  |  | $ | 1,041,075 |
Operating Income (2) |  |  |  |  |
Specialty Foods | $ | 196,592 |  |  | $ | 167,095 |  |  | $ | 165,383 |
Corporate Expenses | (12,022 | ) |  | (12,234 | ) |  | (11,616 | )
Total | $ | 184,570 |  |  | $ | 154,861 |  |  | $ | 153,767 |
Identifiable Assets (1) (3) |  |  |  |  |
Specialty Foods | $ | 515,553 |  |  | $ | 514,605 |  |  | $ | 405,416 |
Corporate | 119,179 |  |  | 187,551 |  |  | 221,885 |
Total | $ | 634,732 |  |  | $ | 702,156 |  |  | $ | 627,301 |
Capital Expenditures |  |  |  |  |
Specialty Foods | $ | 16,652 |  |  | $ | 18,230 |  |  | $ | 15,578 |
Corporate | 19 |  |  | 68 |  |  | 67 |
Total | $ | 16,671 |  |  | $ | 18,298 |  |  | $ | 15,645 |
Depreciation and Amortization |  |  |  |  |
Specialty Foods | $ | 24,001 |  |  | $ | 20,929 |  |  | $ | 18,785 |
Corporate | 146 |  |  | 182 |  |  | 208 |
Total | $ | 24,147 |  |  | $ | 21,111 |  |  | $ | 18,993 |
(1) | Net sales and long-lived assets are predominately domestic.
(2) | All intercompany transactions have been eliminated.
(3) | 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. The decline in Corporate assets from June 30, 2015 to June 30, 2016 was due to the decrease in cash resulting from the payment of the December 2015 special dividend.
Net sales attributable to McLane Company, Inc. (“McLane”), a wholesale distribution subsidiary of Berkshire Hathaway, Inc., and Wal-Mart Stores, Inc. (“Wal-Mart”) for each of the years ended June 30 were as follows:
| 2016 |  | 2015 |  | 2014
Net sales to McLane | $ | 232,241 |  |  | $ | 202,218 |  |  | $ | 186,817 |
As a percentage of consolidated net sales | 19 | % |  | 18 | % |  | 18 | %
Net sales to Wal-Mart | $ | 189,417 |  |  | $ | 177,354 |  |  | $ | 175,388 |
As a percentage of consolidated net sales | 16 | % |  | 16 | % |  | 17 | %
Accounts receivable attributable to Wal-Mart and McLane at June 30 as a percentage of consolidated accounts receivable were as follows:
| 2016 |  | 2015
Wal-Mart | 25 | % |  | 26 | %
McLane | 17 | % |  | 14 | %

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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 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: 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=51669610&loc=d3e9038-108599 Reference 3: 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=51669610&loc=d3e8971-108599 Reference 4: 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=51669610&loc=d3e8595-108599 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=51669610&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 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: 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=51669610&loc=d3e8844-108599 Reference 8: 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=51669610&loc=d3e8984-108599 Reference 9: 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=51669610&loc=d3e9031-108599 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=51669610&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 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: 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=51669610&loc=d3e8864-108599 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=51669610&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 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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