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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 24, 2015
Jun. 25, 2015
Sep. 25, 2014
CURRENT ASSETS:      
Cash $ 1,613 $ 1,946 $ 1,705
Accounts receivable, less allowances of $4,145, $2,966 and $3,282 77,758 75,635 62,804
Inventories 187,921 197,997 171,439
Deferred income taxes 4,264 4,264 3,486
Prepaid expenses and other current assets 3,610 4,468 2,500
TOTAL CURRENT ASSETS 275,166 284,310 241,934
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 105,674 104,016 102,923
Machinery and equipment 183,282 178,936 172,419
Furniture and leasehold improvements 4,363 4,363 4,363
Vehicles 431 397 468
Construction in progress 3,627 2,868 5,838
Property, plant and equipment gross 306,662 299,865 295,296
Less: Accumulated depreciation 192,489 189,671 184,278
Property, plant and equipment net 114,173 110,194 111,018
Rental investment property, less accumulated depreciation of $8,253, $8,055 and $7,460 20,641 20,839 21,433
TOTAL PROPERTY, PLANT AND EQUIPMENT 134,814 131,033 132,451
Cash surrender value of officers' life insurance and other assets 10,180 10,332 8,713
Deferred income taxes 3,657 3,181 1,136
Intangible assets, net of accumulated amortization of $21,438, $21,011 and $19,386 2,652 3,079 4,704
TOTAL ASSETS 426,469 431,935 388,938
CURRENT LIABILITIES:      
Revolving credit facility borrowings 27,972 61,153 19,796
Current maturities of long-term debt, including related party debt of $384, $376 and $355 3,384 3,376 3,355
Accounts payable, including related party payables of $220, $241 and $348 68,272 45,722 59,916
Book overdraft 1,379 1,037 802
Accrued payroll and related benefits 7,610 14,847 7,138
Other accrued expenses 7,789 7,970 8,753
Income taxes payable 4,260 0 827
TOTAL CURRENT LIABILITIES 120,666 134,105 100,587
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $11,441, $11,540 and $11,825 31,441 32,290 34,825
Retirement plan 18,056 17,885 14,466
Other 6,393 6,377 5,581
TOTAL LONG-TERM LIABILITIES 55,890 56,552 54,872
TOTAL LIABILITIES $ 176,556 $ 190,657 $ 155,459
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value $ 112,032 $ 111,540 $ 108,899
Retained earnings 143,654 135,664 129,033
Accumulated other comprehensive loss (4,681) (4,834) (3,360)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 249,913 241,278 233,479
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 426,469 431,935 388,938
Class A Common Stock [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock 26 26 26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock $ 86 $ 86 $ 85