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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Mar. 30, 2023
Mar. 24, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 48,184 $ 44,373
Depreciation and amortization 15,323 13,619
Loss (gain) on disposition of assets, net 47 (1,754)
Deferred income tax expense 862 983
Stock-based compensation expense 3,228 2,649
Change in assets and liabilities:    
Accounts receivable, net (4,923) (2,370)
Inventories 14,744 (63,129)
Prepaid expenses and other current assets 535 915
Accounts payable (5,285) 1,767
Accrued expenses 1,312 (10,046)
Income taxes payable (2,575) (1,917)
Other long-term assets and liabilities 335 532
Other, net 602 1,823
Net cash provided by operating activities 72,389 (12,555)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (15,586) (12,836)
Acquisition of Just the Cheese brand (3,500) 0
Proceeds from dispositions of assets, net 0 3,950
Proceeds from the sale of life insurance policies 0 3,225
Other, net (56) (827)
Net cash used in investing activities (19,142) (6,488)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net short-term (repayments) borrowings (12,614) 57,210
Principal payments on long-term debt (2,995) (2,849)
Increase in bank overdraft 244 221
Dividends paid (37,553) (34,534)
Taxes paid related to net share settlement of equity awards (379) (1,010)
Net cash used in financing activities (53,297) (19,038)
NET INCREASE IN CASH (50) (5)
Cash, beginning of period 415 672
Cash, end of period $ 365 $ 667