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Supplementary Quarterly Data (Unaudited) (Tables)
12 Months Ended
Jun. 28, 2012
Supplementary Quarterly Data [Abstract]  
Unaudited quarterly consolidated financial data
                                 
    First
Quarter
    Second
Quarter
    Third
Quarter
    Fourth
Quarter (1)
 

Year Ended June 28, 2012:

                               

Net sales

  $ 156,800     $ 223,309     $ 153,760     $ 166,706  

Gross profit

    21,766       35,441       22,094       27,753  

Income from operations

    5,491       15,782       4,033       7,667  

Net income

    2,442       9,354       1,440       3,886  

Basic earnings per common share

  $ 0.23     $ 0.87     $ 0.13     $ 0.36  

Diluted earnings per common share

  $ 0.23     $ 0.87     $ 0.13     $ 0.36  
         
    First
Quarter
    Second
Quarter (2)
    Third
Quarter (3)
    Fourth
Quarter (4)
 

Year Ended June 30, 2011:

                               

Net sales

  $ 146,788     $ 223,600     $ 137,442     $ 166,382  

Gross profit

    20,541       27,236       9,986       26,428  

Income (loss) from operations

    3,484       9,889       (7,601     4,484  

Net income (loss)

    1,079       5,172       (5,625     2,209  

Basic earnings (loss) per common share

  $ 0.10     $ 0.48     $ (0.53   $ 0.21  

Diluted earnings (loss) per common share

  $ 0.10     $ 0.48     $ (0.53   $ 0.21  

 

(1) The fourth quarter of fiscal 2012 contained a $900 increase in cost of sales due to a change in the estimate of on-hand quantities of bulk-stored inshell pecan and walnut inventories.
(2) The second quarter of fiscal 2011 contained a $1,100 reduction in administrative expenses related to a recall settlement benefit, offset by an $800 increase in the anticipated liability for additional consideration to be paid as part of the OVH acquisition and a $900 increase in the estimated liability for a lawsuit settlement.
(3) The third quarter of fiscal 2011 contained a $1,500 increase in the estimated liability for a lawsuit settlement.
(4) The fourth quarter of fiscal 2011 contained a $5,700 goodwill impairment for the entire goodwill amount related to the OVH acquisition, partially offset by a $700 decrease in the estimated liability for a lawsuit settlement.