Supplementary Quarterly Data (Unaudited)

12 Months Ended

Jun. 29, 2017

Quarterly Financial Information Disclosure [Abstract]

Supplementary Quarterly Data (Unaudited)

NOTE 17 — SUPPLEMENTARY QUARTERLY DATA (Unaudited)

The following unaudited quarterly consolidated financial data are presented for fiscal 2017 and fiscal 2016. Quarterly financial results necessarily rely on estimates and caution is required in drawing specific conclusions from quarterly consolidated results.


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Year Ended June 29, 2017:
Net sales	$	222,293	$	249,375	$	173,376	$	201,591
Gross profit		36,475		43,389		28,426		33,633
Income from operations		16,556		19,742		10,430		11,616
Net income		10,180		12,885		6,336		6,724
Basic earnings per common share	$	0.90	$	1.14	$	0.56	$	0.59
Diluted earnings per common share	$	0.89	$	1.13	$	0.55	$	0.59
Cash dividends declared per common share	$	2.50	$	2.50	$	—	$	—


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter*
Year Ended June 30, 2016:
Net sales	$	225,777	$	279,002	$	215,742	$	231,538
Gross profit		33,205		45,011		25,588		33,664
Income from operations		13,745		19,692		5,469		12,406
Net income		7,990		12,050		3,078		7,277
Basic earnings per common share	$	0.71	$	1.07	$	0.27	$	0.65
Diluted earnings per common share	$	0.71	$	1.07	$	0.27	$	0.64
Cash dividends declared per common share	$	—	$	2.00	$	—	$	—

*	The fourth quarter of fiscal 2016 contained one additional week compared to fiscal 2017.