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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 27, 2018
Jun. 28, 2018
Dec. 28, 2017
CURRENT ASSETS:      
Cash $ 2,583 $ 1,449 $ 3,052
Accounts receivable, less allowance for doubtful accounts of $342, $270 and $273 62,580 65,426 70,437
Inventories 171,708 174,362 168,424
Prepaid expenses and other current assets 6,943 6,645 14,017
TOTAL CURRENT ASSETS 243,814 247,882 255,930
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 109,380 108,540 108,092
Machinery and equipment 206,663 198,321 196,715
Furniture and leasehold improvements 5,039 5,015 4,951
Vehicles 641 526 535
Construction in progress 2,563 2,618 2,652
Property, plant and equipment gross 333,571 324,305 322,230
Less: Accumulated depreciation 222,976 217,689 214,426
Property, plant and equipment net 110,595 106,616 107,804
Rental investment property, less accumulated depreciation of $10,827, $10,431 and $10,035 18,066 18,462 18,858
TOTAL PROPERTY, PLANT AND EQUIPMENT 128,661 125,078 126,662
Cash surrender value of officers' life insurance and other assets 8,743 10,565 9,057
Deferred income taxes 4,591 5,024 5,979
Goodwill 9,650 9,650 9,638
Intangible assets, net 15,970 17,654 19,341
TOTAL ASSETS 411,429 415,853 426,607
CURRENT LIABILITIES:      
Revolving credit facility borrowings 24,541 31,278 30,000
Current maturities of long-term debt, including related party debt of $4,359, $4,341 and $4,324 and net of unamortized debt issuance costs of $40, $45 and $50 7,254 7,169 7,274
Accounts payable 69,732 60,340 84,834
Bank overdraft 3,887 2,062 2,894
Accrued payroll and related benefits 10,293 6,415 6,333
Other accrued expenses 9,808 9,929 9,387
TOTAL CURRENT LIABILITIES 125,515 117,193 140,722
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $13,323, $15,507 and $17,682 and net of unamortized debt issuance costs of $60, $79 and $100 23,707 27,356 30,832
Retirement plan 21,713 21,288 21,396
Other 7,121 7,014 7,084
TOTAL LONG-TERM LIABILITIES 52,541 55,658 59,312
TOTAL LIABILITIES 178,056 172,851 200,034
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 121,133 119,952 118,585
Retained earnings 116,116 127,320 113,140
Accumulated other comprehensive loss (2,787) (3,181) (4,063)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 233,373 243,002 226,573
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 411,429 415,853 426,607
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 89
TOTAL STOCKHOLDERS' EQUITY $ 89 $ 89 $ 89