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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 25, 2015
Jun. 26, 2014
CURRENT ASSETS:    
Cash $ 1,946 $ 1,884
Accounts receivable, less allowances of $2,966 and $3,210, respectively 75,635 55,800
Inventories 197,997 182,830
Deferred income taxes 4,264 3,484
Prepaid expenses and other current assets 4,468 5,376
TOTAL CURRENT ASSETS 284,310 249,374
PROPERTY, PLANT AND EQUIPMENT:    
Land 9,285 9,285
Buildings 104,016 102,796
Machinery and equipment 178,936 170,694
Furniture and leasehold improvements 4,363 4,363
Vehicles 397 468
Construction in progress 2,868 2,901
Property, plant and equipment gross 299,865 290,507
Less: Accumulated depreciation 189,671 181,684
Property, plant and equipment net 110,194 108,823
Rental investment property, less accumulated depreciation of $8,055 and $7,262, respectively 20,839 21,631
TOTAL PROPERTY, PLANT AND EQUIPMENT 131,033 130,454
OTHER LONG TERM ASSETS:    
Cash surrender value of officers' life insurance and other assets 10,332 8,811
Deferred income taxes 3,181 726
Intangible assets, net 3,079 5,246
TOTAL ASSETS 431,935 394,611
CURRENT LIABILITIES:    
Revolving credit facility borrowings 61,153 40,542
Current maturities of long-term debt, including related party debt of $376 and $348, respectively 3,376 3,349
Accounts payable, including related party payables of $241 and $232, respectively 45,722 44,907
Book overdraft 1,037 2,414
Accrued payroll and related benefits 14,847 13,099
Other accrued expenses 7,970 7,920
TOTAL CURRENT LIABILITIES 134,105 112,231
LONG-TERM LIABILITIES:    
Long-term debt, less current maturities, including related party debt of $11,540 and $11,916, respectively 32,290 35,666
Retirement plan 17,885 14,372
Other 6,377 5,515
TOTAL LONG-TERM LIABILITIES 56,552 55,553
TOTAL LIABILITIES $ 190,657 $ 167,784
COMMITMENTS AND CONTINGENCIES    
STOCKHOLDERS' EQUITY:    
Capital in excess of par value $ 111,540 $ 108,305
Retained earnings 135,664 123,118
Accumulated other comprehensive loss (4,834) (3,503)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 241,278 226,827
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 431,935 394,611
Class A Common Stock [Member]    
STOCKHOLDERS' EQUITY:    
Common Stock 26 26
TOTAL STOCKHOLDERS' EQUITY 26 26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]    
STOCKHOLDERS' EQUITY:    
Common Stock 86 85
TOTAL STOCKHOLDERS' EQUITY $ 86 $ 85