XML 85 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Jun. 28, 2012
Jun. 30, 2011
Jun. 24, 2010
Consolidated Statements of Comprehensive Income [Abstract]      
Net sales $ 700,575 $ 674,212 $ 561,633
Cost of sales 593,521 590,021 466,847
Gross profit 107,054 84,191 94,786
Operating expenses:      
Selling expenses 45,085 44,346 40,494
Administrative expenses 28,996 23,927 24,620
Goodwill impairment   5,662  
Total operating expenses 74,081 73,935 65,114
Income from operations 32,973 10,256 29,672
Other expense:      
Interest expense ($1,151, $1,055 and $1,075 to related parties, respectively) 5,364 6,444 5,653
Rental and miscellaneous expense, net 1,388 1,026 1,147
Total other expense, net 6,752 7,470 6,800
Income before income taxes 26,221 2,786 22,872
Income tax expense (benefit) 9,099 (49) 8,447
Net income 17,122 2,835 14,425
Other comprehensive (loss) income, net of tax:      
Amortization of prior service cost and actuarial gain included in net periodic pension cost 463 445 406
Net actuarial loss arising during the period (1,548) (288) (1,105)
Other comprehensive (loss) income (1,085) 157 (699)
Comprehensive income $ 16,037 $ 2,992 $ 13,726
Net income per common share - basic $ 1.60 $ 0.27 $ 1.36
Net income per common share - diluted $ 1.58 $ 0.26 $ 1.34
Weighted average shares outstanding - basic 10,726,004 10,671,780 10,642,824
Weighted average shares outstanding - diluted 10,828,512 10,770,359 10,725,108