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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 25, 2020
Jun. 27, 2019
Jun. 28, 2018
Statement of Comprehensive Income [Abstract]      
Net sales $ 880,092 $ 876,201 $ 888,931
Cost of sales 704,317 717,931 750,032
Gross profit 175,775 158,270 138,899
Operating expenses:      
Selling expenses 59,312 61,756 52,922
Administrative expenses 37,916 37,990 29,788
Total operating expenses 97,228 99,746 82,710
Income from operations 78,547 58,524 56,189
Other expense:      
Interest expense including $821, $1,143 and $1,103 to related parties, respectively 2,005 3,060 3,463
Rental and miscellaneous expense, net 1,565 1,089 1,406
Other expense 2,266 1,947 1,970
Total other expense, net 5,836 6,096 6,839
Income before income taxes 72,711 52,428 49,350
Income tax expense 18,601 12,962 16,850
Net income 54,110 39,466 32,500
Other comprehensive (loss) income, net of tax:      
Amortization of prior service cost and actuarial loss included in net periodic pension cost 1,016 778 839
Net actuarial (loss) gain arising during the period (4,345) (1,922) 384
Other comprehensive (loss) income, net of tax (3,329) (1,144) 1,223
Comprehensive income $ 50,781 $ 38,322 $ 33,723
Net income per common share — basic $ 4.72 $ 3.45 $ 2.86
Net income per common share — diluted 4.69 3.43 2.84
Cash dividends declared per share $ 6.00 $ 2.55 $ 2.50
Weighted average shares outstanding — basic 11,463,968 11,430,174 11,383,080
Weighted average shares outstanding — diluted 11,536,791 11,501,412 11,449,386