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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 27, 2018
Jun. 28, 2018
Sep. 28, 2017
CURRENT ASSETS:      
Cash $ 1,215 $ 1,449 $ 869
Accounts receivable, less allowance for doubtful accounts of $263, $270 and $273 58,887 65,426 71,576
Inventories 181,031 174,362 165,304
Prepaid expenses and other current assets 4,190 6,645 5,416
TOTAL CURRENT ASSETS 245,323 247,882 243,165
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 109,110 108,540 107,278
Machinery and equipment 199,871 198,321 194,449
Furniture and leasehold improvements 5,015 5,015 4,928
Vehicles 526 526 535
Construction in progress 7,201 2,618 5,287
Property, plant and equipment gross 331,008 324,305 321,762
Less: Accumulated depreciation 220,376 217,689 213,252
Property, plant and equipment net 110,632 106,616 108,510
Rental investment property, less accumulated depreciation of $10,629, $10,431 and $9,837 18,264 18,462 19,056
TOTAL PROPERTY, PLANT AND EQUIPMENT 128,896 125,078 127,566
Cash surrender value of officers' life insurance and other assets 9,102 10,565 9,541
Deferred income taxes 5,644 5,024 9,668
Goodwill 9,650 9,650  
Intangible assets, net 16,812 17,654  
TOTAL ASSETS 415,427 415,853 389,940
CURRENT LIABILITIES:      
Revolving credit facility borrowings 51,941 31,278 36,454
Current maturities of long-term debt, including related party debt of $4,350, $4,341 and $482 and net of unamortized debt issuance costs of $42, $45 and $53 7,212 7,169 3,429
Accounts payable 59,848 60,340 54,544
Bank overdraft 1,121 2,062 1,484
Accrued payroll and related benefits 10,149 6,415 8,065
Other accrued expenses 9,731 9,929 15,009
TOTAL CURRENT LIABILITIES 140,002 117,193 118,985
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $14,416, $15,507 and $10,461 and net of unamortized debt issuance costs of $69, $79 and $111 25,537 27,356 24,350
Retirement plan 21,501 21,288 21,195
Other 7,040 7,014 6,876
TOTAL LONG-TERM LIABILITIES 54,078 55,658 52,421
TOTAL LIABILITIES 194,080 172,851 171,406
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 120,568 119,952 118,326
Retained earnings 104,852 127,320 105,531
Accumulated other comprehensive loss (2,984) (3,181) (4,233)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 221,347 243,002 218,534
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 415,427 415,853 389,940
Class A Common Stock [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock 26 26 26
TOTAL STOCKHOLDERS' EQUITY 26 26 26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock 89 89 88
TOTAL STOCKHOLDERS' EQUITY $ 89 $ 89 $ 88