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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 24, 2016
Jun. 25, 2015
Mar. 26, 2015
CURRENT ASSETS:      
Cash $ 2,923 $ 1,946 $ 2,064
Accounts receivable, less allowances of $5,699, $2,966 and $3,962 71,500 75,635 66,654
Inventories 207,319 197,997 228,377
Deferred income taxes 0 4,264 3,489
Prepaid expenses and other current assets 11,310 4,468 7,959
TOTAL CURRENT ASSETS 293,052 284,310 308,543
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 106,488 104,016 103,036
Machinery and equipment 187,482 178,936 180,059
Furniture and leasehold improvements 4,355 4,363 4,363
Vehicles 431 397 397
Construction in progress 2,221 2,868 2,725
Property, plant and equipment gross 310,262 299,865 299,865
Less: Accumulated depreciation 198,747 189,671 189,109
Property, plant and equipment net 111,515 110,194 110,756
Rental investment property, less accumulated depreciation of $8,649, $8,055 and $7,857 20,245 20,839 21,037
TOTAL PROPERTY, PLANT AND EQUIPMENT 131,760 131,033 131,793
Cash surrender value of officers' life insurance and other assets 9,710 10,332 10,226
Deferred income taxes 6,161 3,181 932
Intangible assets, net of accumulated amortization of $22,292, $21,011 and $20,472 1,798 3,079 3,618
TOTAL ASSETS 442,481 431,935 455,112
CURRENT LIABILITIES:      
Revolving credit facility borrowings 55,133 61,153 74,614
Current maturities of long-term debt, including related party debt of $399, $376 and $369 3,399 3,376 3,369
Accounts payable, including related party payables of $194, $241 and $343 59,299 45,722 64,562
Book overdraft 3,561 1,037 6,112
Accrued payroll and related benefits 13,423 14,847 9,311
Other accrued expenses 8,301 7,970 8,918
TOTAL CURRENT LIABILITIES 143,116 134,105 166,886
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $11,238, $11,540 and $11,637 29,738 32,290 33,137
Retirement plan 18,395 17,885 14,655
Other 6,013 6,377 6,521
TOTAL LONG-TERM LIABILITIES 54,146 56,552 54,313
TOTAL LIABILITIES $ 197,262 $ 190,657 $ 221,199
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value $ 114,388 $ 111,540 $ 110,881
Retained earnings 136,296 135,664 127,195
Accumulated other comprehensive loss (4,374) (4,834) (3,072)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 245,219 241,278 233,913
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 442,481 431,935 455,112
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 $ 87