Supplementary Quarterly Data (Unaudited)

12 Months Ended

Jun. 27, 2019

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 2019 and fiscal 2018. 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 27, 2019:
Net sales	$	204,288	$	253,317	$	201,834	$	216,762
Gross profit		32,954		42,883		38,815		43,618
Income from operations		10,052		16,640		15,408		16,424
Net income		6,606		11,264		10,331		11,265
Basic earnings per common share	$	0.58	$	0.99	$	0.90	$	0.98
Diluted earnings per common share	$	0.57	$	0.98	$	0.90	$	0.98
Cash dividends declared per common share	$	2.55	$	—	$	—	$	—


	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Year Ended June 28, 2018:
Net sales	$	215,664	$	258,805	$	202,786	$	211,676
Gross profit		35,119		37,733		33,107		32,940
Income from operations		17,615		14,102		14,024		10,448
Net income		10,711		7,609		8,552		5,628
Basic earnings per common share	$	0.94	$	0.67	$	0.75	$	0.49
Diluted earnings per common share	$	0.94	$	0.67	$	0.75	$	0.49
Cash dividends declared per common share	$	2.50	$	—	$	—	$	—