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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 24, 2015
Jun. 25, 2015
Dec. 25, 2014
CURRENT ASSETS:      
Cash $ 3,026 $ 1,946 $ 4,359
Accounts receivable, less allowances of $7,199, $2,966 and $6,264 72,065 75,635 64,834
Inventories 185,279 197,997 221,938
Deferred income taxes 0 4,264 3,442
Prepaid expenses and other current assets 6,965 4,468 6,319
TOTAL CURRENT ASSETS 267,335 284,310 300,892
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 106,538 104,016 103,048
Machinery and equipment 185,399 178,936 173,291
Furniture and leasehold improvements 4,363 4,363 4,363
Vehicles 431 397 397
Construction in progress 2,167 2,868 6,615
Property, plant and equipment gross 308,183 299,865 296,999
Less: Accumulated depreciation 195,565 189,671 186,201
Property, plant and equipment net 112,618 110,194 110,798
Rental investment property, less accumulated depreciation of $8,451, $8,055 and $7,659 20,443 20,839 21,235
TOTAL PROPERTY, PLANT AND EQUIPMENT 133,061 131,033 132,033
Cash surrender value of officers' life insurance and other assets 9,961 10,332 8,816
Deferred income taxes 6,211 3,181 1,390
Intangible assets, net of accumulated amortization of $21,865, $21,011 and $19,929 2,225 3,079 4,161
TOTAL ASSETS 418,793 431,935 447,292
CURRENT LIABILITIES:      
Revolving credit facility borrowings 13,932 61,153 29,470
Current maturities of long-term debt, including related party debt of $391, $376 and $362 3,391 3,376 3,362
Accounts payable, including related party payables of $84, $241 and $141 83,322 45,722 112,705
Book overdraft 1,344 1,037 3,809
Accrued payroll and related benefits 12,228 14,847 8,707
Other accrued expenses 8,189 7,970 8,401
TOTAL CURRENT LIABILITIES 122,406 134,105 166,454
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $11,341, $11,540 and $11,732 30,590 32,290 33,982
Retirement plan 18,226 17,885 14,561
Other 6,456 6,377 5,799
TOTAL LONG-TERM LIABILITIES 55,272 56,552 54,342
TOTAL LIABILITIES $ 177,678 $ 190,657 $ 220,796
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value $ 113,515 $ 111,540 $ 110,127
Retained earnings 133,218 135,664 120,677
Accumulated other comprehensive loss (4,527) (4,834) (3,216)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 241,115 241,278 226,496
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 418,793 431,935 447,292
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 $ 87 $ 86 $ 86