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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2016
Jun. 30, 2016
Sep. 24, 2015
CURRENT ASSETS:      
Cash $ 1,362 $ 2,220 $ 1,613
Accounts receivable, less allowances of $5557, $4,290 and $4,145 75,741 78,088 77,758
Inventories 147,196 156,573 187,921
Deferred income taxes     4,264
Prepaid expenses and other current assets 3,819 5,292 3,610
TOTAL CURRENT ASSETS 228,118 242,173 275,166
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 106,566 106,505 105,674
Machinery and equipment 190,383 188,748 183,282
Furniture and leasehold improvements 4,733 4,349 4,363
Vehicles 453 453 431
Construction in progress 3,245 832 3,627
Property, plant and equipment gross 314,665 310,172 306,662
Less: Accumulated depreciation 203,782 200,416 192,489
Property, plant and equipment net 110,883 109,756 114,173
Rental investment property, less accumulated depreciation of $9,045, $8,847 and $8,253 19,848 20,047 20,641
TOTAL PROPERTY, PLANT AND EQUIPMENT 130,731 129,803 134,814
Cash surrender value of officers' life insurance and other assets 10,001 9,227 9,881
Deferred income taxes 9,055 8,590 3,657
Intangible assets, net of accumulated amortization of $23,100, $22,721 and $21,438 990 1,369 2,652
TOTAL ASSETS 378,895 391,162 426,170
CURRENT LIABILITIES:      
Revolving credit facility borrowings 1,255 12,084 27,972
Current maturities of long-term debt, including related party debt of $449, $407 and $384 and net of unamortized debt issuance costs of $63, $65 and $73 3,387 3,342 3,311
Accounts payable, including related party payables of $233, $113 and $220 60,432 43,719 68,272
Book overdraft 1,896 811 1,379
Accrued payroll and related benefits 9,287 16,045 7,610
Other accrued expenses 7,219 7,193 7,789
Income taxes payable 4,878   4,260
TOTAL CURRENT LIABILITIES 88,354 83,194 120,593
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $10,943, $11,133 and $11,441 and net of unamortized debt issuance costs of $164, $179 and $226 27,779 28,704 31,215
Retirement plan 22,334 22,137 18,056
Other 6,393 5,934 6,393
TOTAL LONG-TERM LIABILITIES 56,506 56,775 55,664
TOTAL LIABILITIES 144,860 139,969 176,257
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 115,787 115,136 112,032
Retained earnings 125,559 143,573 143,654
Accumulated other comprehensive loss (6,220) (6,425) (4,681)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 234,035 251,193 249,913
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 378,895 391,162 426,170
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 $ 87 $ 86