XML 35 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 26, 2015
Mar. 27, 2014
Mar. 26, 2015
Mar. 27, 2014
Statement of Comprehensive Income [Abstract]        
Net sales $ 209,396us-gaap_SalesRevenueGoodsNet $ 174,291us-gaap_SalesRevenueGoodsNet $ 665,806us-gaap_SalesRevenueGoodsNet $ 576,102us-gaap_SalesRevenueGoodsNet
Cost of sales 179,612us-gaap_CostOfGoodsSold 151,492us-gaap_CostOfGoodsSold 568,095us-gaap_CostOfGoodsSold 486,986us-gaap_CostOfGoodsSold
Gross profit 29,784us-gaap_GrossProfit 22,799us-gaap_GrossProfit 97,711us-gaap_GrossProfit 89,116us-gaap_GrossProfit
Operating expenses:        
Selling expenses 11,155us-gaap_SellingExpense 10,283us-gaap_SellingExpense 37,898us-gaap_SellingExpense 35,338us-gaap_SellingExpense
Administrative expenses 7,132us-gaap_GeneralAndAdministrativeExpense 6,378us-gaap_GeneralAndAdministrativeExpense 21,625us-gaap_GeneralAndAdministrativeExpense 20,559us-gaap_GeneralAndAdministrativeExpense
Gain on sale of assets held for sale, net 0us-gaap_GainLossOnDispositionOfAssets1 0us-gaap_GainLossOnDispositionOfAssets1 0us-gaap_GainLossOnDispositionOfAssets1 (1,641)us-gaap_GainLossOnDispositionOfAssets1
Total operating expenses 18,287us-gaap_OperatingExpenses 16,661us-gaap_OperatingExpenses 59,523us-gaap_OperatingExpenses 54,256us-gaap_OperatingExpenses
Income from operations 11,497us-gaap_OperatingIncomeLoss 6,138us-gaap_OperatingIncomeLoss 38,188us-gaap_OperatingIncomeLoss 34,860us-gaap_OperatingIncomeLoss
Other expense:        
Interest expense including $277, $284, $835 and $855 to related parties 1,028us-gaap_InterestExpense 1,077us-gaap_InterestExpense 2,895us-gaap_InterestExpense 3,225us-gaap_InterestExpense
Rental and miscellaneous expense, net 372jbss_RentalAndMiscellaneousExpenseNet 453jbss_RentalAndMiscellaneousExpenseNet 2,830jbss_RentalAndMiscellaneousExpenseNet 1,777jbss_RentalAndMiscellaneousExpenseNet
Total other expense, net 1,400us-gaap_NonoperatingIncomeExpense 1,530us-gaap_NonoperatingIncomeExpense 5,725us-gaap_NonoperatingIncomeExpense 5,002us-gaap_NonoperatingIncomeExpense
Income before income taxes 10,097us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 4,608us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 32,463us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 29,858us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 3,579us-gaap_IncomeTaxExpenseBenefit 927us-gaap_IncomeTaxExpenseBenefit 11,627us-gaap_IncomeTaxExpenseBenefit 10,178us-gaap_IncomeTaxExpenseBenefit
Net income 6,518us-gaap_NetIncomeLoss 3,681us-gaap_NetIncomeLoss 20,836us-gaap_NetIncomeLoss 19,680us-gaap_NetIncomeLoss
Other comprehensive income:        
Amortization of prior service cost and actuarial gain included in net periodic pension cost 239us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent 222us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent 718us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent 667us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
Income tax expense related to pension adjustments (95)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent (89)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent (287)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent (267)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
Other comprehensive income, net of tax: 144us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 133us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 431us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent 400us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Comprehensive income $ 6,662us-gaap_ComprehensiveIncomeNetOfTax $ 3,814us-gaap_ComprehensiveIncomeNetOfTax $ 21,267us-gaap_ComprehensiveIncomeNetOfTax $ 20,080us-gaap_ComprehensiveIncomeNetOfTax
Net income per common share-basic $ 0.58us-gaap_EarningsPerShareBasic $ 0.33us-gaap_EarningsPerShareBasic $ 1.87us-gaap_EarningsPerShareBasic $ 1.79us-gaap_EarningsPerShareBasic
Net income per common share-diluted $ 0.58us-gaap_EarningsPerShareDiluted $ 0.33us-gaap_EarningsPerShareDiluted $ 1.86us-gaap_EarningsPerShareDiluted $ 1.77us-gaap_EarningsPerShareDiluted
Cash dividends declared per share $ 0.00us-gaap_CommonStockDividendsPerShareDeclared $ 0.00us-gaap_CommonStockDividendsPerShareDeclared $ 1.50us-gaap_CommonStockDividendsPerShareDeclared $ 1.50us-gaap_CommonStockDividendsPerShareDeclared