SUPPLEMENTARY QUARTERLY DATA (Unaudited) (Tables)

12 Months Ended

Jun. 26, 2014

Quarterly Financial Information Disclosure [Abstract]

Unaudited quarterly consolidated financial data

The following unaudited quarterly consolidated financial data are presented for fiscal 2014 and fiscal 2013. Quarterly financial results necessarily rely on estimates and caution is required in drawing specific conclusions from quarterly consolidated results.


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter⁽¹⁾
Year Ended June 26, 2014:
Net sales	$	176,697	$	225,114	$	174,291	$	202,520
Gross profit		29,369		36,948		22,799		33,749
Income from operations		12,328		16,394		6,138		12,136
Net income		6,775		9,224		3,681		6,607
Basic earnings per common share	$	0.62	$	0.84	$	0.33	$	0.60
Diluted earnings per common share	$	0.61	$	0.83	$	0.33	$	0.59
Cash dividends declared per common share	$	—	$	1.50	$	—	$	—

	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Year Ended June 27, 2013:
Net sales	$	177,507	$	215,619	$	163,815	$	177,393
Gross profit		30,573		36,676		22,879		29,834
Income from operations		13,869		14,426		3,324		10,000
Net income		7,534		8,301		342		5,583
Basic earnings per common share	$	0.70	$	0.77	$	0.03	$	0.51
Diluted earnings per common share	$	0.69	$	0.76	$	0.03	$	0.51
Cash dividends declared per common share	$	—	$	1.00	$	—	$	—

(1)	The fourth quarter of fiscal 2014 contained a $0.4 increase in cost of sales due to a change in the estimate of on-hand quantities of bulk-stored inshell pecan and walnut inventories.