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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2018
Jun. 29, 2017
CURRENT ASSETS:    
Cash $ 1,449 $ 1,955
Accounts receivable, less allowance for doubtful accounts of $270 and $263, respectively 65,426 64,830
Inventories 174,618 182,420
Prepaid expenses and other current assets 6,309 4,172
TOTAL CURRENT ASSETS 247,802 253,377
PROPERTY, PLANT AND EQUIPMENT:    
Land 9,285 9,285
Buildings 108,540 107,015
Machinery and equipment 198,321 194,099
Furniture and leasehold improvements 5,015 4,842
Vehicles 526 498
Construction in progress 2,618 1,075
Property, plant and equipment gross 324,305 316,814
Less: Accumulated depreciation 217,689 210,606
Property, plant and equipment net 106,616 106,208
Rental investment property, less accumulated depreciation of $10,431 and $9,639, respectively 18,462 19,254
TOTAL PROPERTY, PLANT AND EQUIPMENT 125,078 125,462
OTHER LONG TERM ASSETS:    
Cash surrender value of officers' life insurance and other assets 10,565 10,125
Deferred income taxes 5,024 9,095
Goodwill 9,650  
Intangible assets, net 17,654  
TOTAL ASSETS 415,773 398,059
CURRENT LIABILITIES:    
Revolving credit facility borrowings 31,278 29,456
Current maturities of long-term debt, including related party debt of $4,341 and $474, respectively and net of unamortized debt issuance costs of $45 and $55, respectively 7,169 3,418
Accounts payable, including related party payables of $0 and $178, respectively 60,340 50,047
Bank overdraft 2,062 932
Accrued payroll and related benefits 6,415 15,958
Other accrued expenses 9,929 10,062
TOTAL CURRENT LIABILITIES 117,193 109,873
LONG-TERM LIABILITIES:    
Long-term debt, less current maturities, including related party debt of $15,507 and $10,584, respectively and net of unamortized debt issuance costs of $79 and $124, respectively 27,356 25,211
Retirement plan 21,288 20,994
Other 7,014 6,513
TOTAL LONG-TERM LIABILITIES 55,658 52,718
TOTAL LIABILITIES 172,851 162,591
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Capital in excess of par value 119,952 117,772
Retained earnings 127,240 123,190
Accumulated other comprehensive loss (3,181) (4,404)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 242,922 235,468
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 415,773 398,059
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 89 88
TOTAL STOCKHOLDERS' EQUITY $ 89 $ 88