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Long-Term Debt (Tables)

12 Months Ended

Jun. 27, 2019

Debt Disclosure [Abstract]

Long-term Debt

NOTE 6 — LONG-TERM DEBT

Long-term debt consists of the following:

		June 27, 2019				June 28, 2018
Mortgage Facility (“Tranche A”), collateralized by real property, due in monthly installments of $230 including interest at 4.25% per annum with a final payment due March 1, 2023		$	9,542			$	11,841
Mortgage Facility (“Tranche B”), collateralized by real property, due in monthly installments of $57 including interest at 4.25% per annum with a final payment due March 1, 2023			2,386				2,960
Squirrel Brand Seller-Financed Note to a related party (“Promissory Note”), unsecured, due in monthly principal installments of $319 plus interest at 5.5% per annum beginning in January 2018 through November 30, 2020			5,750				9,264
Selma, Texas facility financing obligation to related parties, due in monthly installments of $103 through September 1, 2026			10,120				10,584
Unamortized debt issuance costs			(79	)			(124	)
			27,719				34,525
Less: Current maturities, net of unamortized debt issuance costs			(7,338	)			(7,169	)
Total long-term debt, net of unamortized debt issuance costs		$	20,381			$	27,356

Aggregate Maturities of Long-term Debt

Aggregate maturities of long-term debt are as follows for the fiscal years ending:

June 25, 2020		$	7,373
June 24, 2021			5,625
June 30, 2022			3,886
June 29, 2023			3,209
June 27, 2024			718
Thereafter			6,987
		$	27,798

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

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