XML 14 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 26, 2013
Jun. 27, 2013
Sep. 27, 2012
CURRENT ASSETS:      
Cash $ 1,195 $ 834 $ 2,471
Accounts receivable, less allowances of $3,675, $2,628 and $2,884 50,498 49,509 63,927
Inventories 158,066 158,706 134,617
Deferred income taxes 3,670 3,723 4,823
Prepaid expenses and other current assets 2,892 4,843 2,893
Assets held for sale 6,175 6,175  
TOTAL CURRENT ASSETS 222,496 223,790 208,731
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 102,424 102,424 102,168
Machinery and equipment 166,164 166,549 162,576
Furniture and leasehold improvements 4,363 4,363 4,289
Vehicles 524 524 568
Construction in progress 3,697 1,207 538
Property, Plant and Equipment, Gross, Total 286,457 284,352 279,424
Less: Accumulated depreciation 174,889 172,928 164,047
Property Plant And Equipment, Total 111,568 111,424 115,377
Rental investment property, less accumulated depreciation of $6,668, $6,470 and $6,481 22,225 22,423 29,218
TOTAL PROPERTY, PLANT AND EQUIPMENT 133,793 133,847 144,595
Cash surrender value of officers' life insurance and other assets 8,752 8,405 7,726
Deferred income taxes 1,002 827  
Intangible assets, net 7,218 7,875 10,177
TOTAL ASSETS 373,261 374,744 371,229
CURRENT LIABILITIES:      
Revolving credit facility borrowings 27,842 31,867 38,067
Current maturities of long-term debt, including related party debt of $328, $321 and $303 8,539 8,690 12,496
Accounts payable, including related party payables of $178, $290 and $181 44,502 43,741 38,284
Book overdraft 1,914 1,052 932
Accrued payroll and related benefits 6,035 15,855 6,050
Other accrued expenses 8,679 7,593 11,638
Income taxes payable 2,797   4,120
TOTAL CURRENT LIABILITIES 100,308 108,798 111,587
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $12,180, $12,264 and $12,507 32,980 33,665 35,718
Retirement plan 12,692 12,615 13,400
Deferred income taxes     646
Other 4,767 4,362 979
TOTAL LONG-TERM LIABILITIES 50,439 50,642 50,743
TOTAL LIABILITIES 150,747 159,440 162,330
COMMITMENTS AND CONTINGENCIES         
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 106,434 106,132 104,084
Retained earnings 120,205 113,430 110,093
Accumulated other comprehensive loss (3,031) (3,164) (4,183)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 222,514 215,304 208,899
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 373,261 374,744 371,229
Class A Common Stock [Member]
     
STOCKHOLDERS' EQUITY:      
Common Stock 26 26 26
Common Stock [Member]
     
STOCKHOLDERS' EQUITY:      
Common Stock $ 84 $ 84 $ 83