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Significant Accounting Policies (Tables) | 12 Months Ended
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Jun. 25, 2020
Accounting Policies [Abstract] |
Depreciation Expense for Last Three Fiscal Years | Depreciation expense for the last three fiscal years is as follows:
|  | Year Ended June 25, 2020 |  |  | Year Ended June 27, 2019 |  |  | Year Ended June 28, 2018 |
Depreciation expense |  | $ | 15,433 |  |  | $ | 14,017 |  |  | $ | 13,414 |
Estimated Useful Lives of Property, Plant and Equipment | Cost is depreciated using the straight-line method over the following estimated useful lives:
Classification |  | Estimated Useful Lives |
Buildings |  |  | 10 to 40 years |
Machinery and equipment |  |  | 5 to 10 years |
Furniture and leasehold improvements |  |  | 5 to 10 years |
Vehicles |  |  | 3 to 5 years |
Computers and software |  |  | 3 to 10 years |
Carrying Value and Fair Value Estimate of Current and Long-Term Debt | The following table summarizes the carrying value and fair value estimate of our current and long-term debt, excluding unamortized debt issuance costs:
|  | June 25, 2020 |  |  | June 27, 2019 |
Carrying value of long-term debt: |  | $ | 20,059 |  |  | $ | 27,798 |
Fair value of long-term debt: |  |  | 20,186 |  |  |  | 27,720 |
Marketing and Advertising Expenses, Recorded in Selling Expenses | These costs are generally expensed as incurred, recorded in selling expenses and were as follows for the last three fiscal years:
|  | Year ended June 25, 2020 |  |  | Year ended June 27, 2019 |  |  | Year ended June 28, 2018 |
Marketing and advertising expense |  | $ | 8,997 |  |  | $ | 11,936 |  |  | $ | 11,290 |
Shipping and Handling Cost for Last Three Fiscal Years | Shipping and handling costs for the last three fiscal years were as follows:
|  | Year ended June 25, 2020 |  |  | Year ended June 27, 2019 |  |  | Year ended June 28, 2018 |
Shipping and handling costs |  | $ | 21,613 |  |  | $ | 23,086 |  |  | $ | 20,418 |
Research and Development Expenses for Last Three Fiscal Years | Research and development expenses for the last three fiscal years were as follows:
|  | Year ended June 25, 2020 |  |  | Year ended June 27, 2019 |  |  | Year ended June 28, 2018 |
Research and development expense |  | $ | 999 |  |  | $ | 892 |  |  | $ | 701 |
Weighted Average Shares Outstanding Used in Computing Basic and Diluted Earnings Per Share | The following table presents the reconciliation of the weighted average shares outstanding used in computing basic and diluted earnings per share:
|  | Year ended June 25, 2020 |  |  | Year ended June 27, 2019 |  |  | Year ended June 28, 2018 |
Weighted average number of shares outstanding — basic |  |  | 11,463,968 |  |  |  | 11,430,174 |  |  |  | 11,383,080 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Stock options and restricted stock units |  |  | 72,823 |  |  |  | 71,238 |  |  |  | 66,306 |
Weighted average number of shares outstanding — diluted |  |  | 11,536,791 |  |  |  | 11,501,412 |  |  |  | 11,449,386 |
Summary of Anti-dilutive Awards Excluded from Computation of Diluted Earnings Per Share | The following table presents a summary of anti-dilutive awards excluded from the computation of diluted earnings per share:
|  | Year ended June 25, 2020 |  |  | Year ended June 27, 2019 |  |  | Year ended June 28, 2018 |
Weighted average number of anti-dilutive shares: |  |  | 7,010 |  |  |  | — |  |  |  | — |
Weighted average exercise price per share: |  | $ | 90.26 |  |  | $ | — |  |  | $ | — |

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