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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 25, 2015
CURRENT ASSETS:    
Cash $ 2,220 $ 1,946
Accounts receivable, less allowances of $4,290 and $2,966, respectively 78,088 75,635
Inventories 156,573 197,997
Deferred income taxes 0 4,264
Prepaid expenses and other current assets 5,292 4,468
TOTAL CURRENT ASSETS 242,173 284,310
PROPERTY, PLANT AND EQUIPMENT:    
Land 9,285 9,285
Buildings 106,505 104,016
Machinery and equipment 188,748 178,936
Furniture and leasehold improvements 4,349 4,363
Vehicles 453 397
Construction in progress 832 2,868
Property, plant and equipment gross 310,172 299,865
Less: Accumulated depreciation 200,416 189,671
Property, plant and equipment net 109,756 110,194
Rental investment property, less accumulated depreciation of $8,847 and $8,055, respectively 20,047 20,839
TOTAL PROPERTY, PLANT AND EQUIPMENT 129,803 131,033
OTHER LONG TERM ASSETS:    
Cash surrender value of officers' life insurance and other assets 9,471 10,332
Deferred income taxes 8,590 3,181
Intangible assets, net 1,369 3,079
TOTAL ASSETS 391,406 431,935
CURRENT LIABILITIES:    
Revolving credit facility borrowings 12,084 61,153
Current maturities of long-term debt, including related party debt of $407 and $376, respectively 3,407 3,376
Accounts payable, including related party payables of $113 and $241, respectively 43,719 45,722
Book overdraft 811 1,037
Accrued payroll and related benefits 16,045 14,847
Other accrued expenses 7,193 7,970
TOTAL CURRENT LIABILITIES 83,259 134,105
LONG-TERM LIABILITIES:    
Long-term debt, less current maturities, including related party debt of $11,133 and $11,540, respectively 28,883 32,290
Retirement plan 22,137 17,885
Other 5,934 6,377
TOTAL LONG-TERM LIABILITIES 56,954 56,552
TOTAL LIABILITIES 140,213 190,657
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Capital in excess of par value 115,136 111,540
Retained earnings 143,573 135,664
Accumulated other comprehensive loss (6,425) (4,834)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 251,193 241,278
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 391,406 431,935
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 87 86
TOTAL STOCKHOLDERS' EQUITY $ 87 $ 86