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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 28, 2017
Jun. 29, 2017
Dec. 29, 2016
CURRENT ASSETS:      
Cash $ 3,052 $ 1,955 $ 2,031
Accounts receivable, less allowance for doubtful accounts of $273, $263 and $306 70,437 64,830 66,007
Inventories 168,852 182,420 182,653
Prepaid expenses and other current assets 13,457 4,172 6,841
TOTAL CURRENT ASSETS 255,798 253,377 257,532
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 108,092 107,015 106,566
Machinery and equipment 196,715 194,099 193,859
Furniture and leasehold improvements 4,951 4,842 4,803
Vehicles 535 498 453
Construction in progress 2,652 1,075 1,483
Property, plant and equipment gross 322,230 316,814 316,449
Less: Accumulated depreciation 214,426 210,606 206,751
Property, plant and equipment net 107,804 106,208 109,698
Rental investment property, less accumulated depreciation of $10,035, $9,639 and $9,244 18,858 19,254 19,650
TOTAL PROPERTY, PLANT AND EQUIPMENT 126,662 125,462 129,348
Cash surrender value of officers' life insurance and other assets 9,057 10,125 10,091
Deferred income taxes 5,979 9,095 8,109
Goodwill 9,638    
Intangible assets, net 19,341 0 611
TOTAL ASSETS 426,475 398,059 405,691
CURRENT LIABILITIES:      
Revolving credit facility borrowings 30,000 29,456 12,427
Current maturities of long-term debt, including related party debt of $4,324, $474 and $457 and net of unamortized debt issuance costs of $50, $55 and $60 7,274 3,418 3,397
Accounts payable, including related party payables of $0, $178 and $32 84,834 50,047 90,787
Bank overdraft 2,894 932 2,652
Accrued payroll and related benefits 6,333 15,958 10,609
Other accrued expenses 9,387 10,062 9,966
TOTAL CURRENT LIABILITIES 140,722 109,873 129,838
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $17,682, $10,584 and $10,825 and net of unamortized debt issuance costs of $100, $124 and $150 30,832 25,211 26,925
Retirement plan 21,396 20,994 22,532
Other 7,084 6,513 6,695
TOTAL LONG-TERM LIABILITIES 59,312 52,718 56,152
TOTAL LIABILITIES 200,034 162,591 185,990
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 118,585 117,772 116,676
Retained earnings 113,008 123,190 110,130
Accumulated other comprehensive loss (4,063) (4,404) (6,015)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 226,441 235,468 219,701
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 426,475 398,059 405,691
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 $ 89 $ 88 $ 88