Supplementary Quarterly Data (Unaudited)

12 Months Ended

Jun. 28, 2018

Quarterly Financial Information Disclosure [Abstract]

Supplementary Quarterly Data (Unaudited)

NOTE 18 — SUPPLEMENTARY QUARTERLY DATA (Unaudited)

The following unaudited quarterly consolidated financial data are presented for fiscal 2018 and fiscal 2017. 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 28, 2018:
Net sales	$	214,791	$	259,118	$	203,181	$	211,505
Gross profit		34,840		37,880		33,186		32,913
Income from operations		17,336		14,249		14,103		10,421
Net income		10,432		7,756		8,631		5,601
Basic earnings per common share	$	0.92	$	0.68	$	0.76	$	0.49
Diluted earnings per common share	$	0.91	$	0.68	$	0.75	$	0.49
Cash dividends declared per common share	$	2.50	$	—	$	—	$	—


	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		17,089		20,275		10,964		12,149
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	$	—	$	—