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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2024
Jun. 29, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 484 $ 1,948
Accounts receivable, less allowance for doubtful accounts of $318 and $283, respectively 84,960 72,734
Inventories 196,563 172,936
Prepaid expenses and other current assets 12,078 6,812
TOTAL CURRENT ASSETS 294,085 254,430
PROPERTY, PLANT AND EQUIPMENT:    
Land 13,365 9,150
Buildings 115,517 104,150
Machinery and equipment 295,599 261,706
Furniture and leasehold improvements 5,423 5,275
Vehicles 912 729
Construction in progress 7,569 7,123
Property, plant and equipment gross 438,385 388,133
Less: Accumulated depreciation 287,168 267,336
Property, plant and equipment net 151,217 120,797
Rental investment property, less accumulated depreciation of $15,246 and $14,439,respectively 13,877 14,684
TOTAL PROPERTY, PLANT AND EQUIPMENT 165,094 135,481
OTHER LONG TERM ASSETS:    
Intangible assets, net 5,822 6,658
Deferred income taxes 3,130 3,592
Goodwill 11,750 11,750
Operating Lease, Right-of-Use Asset 27,404 6,427
Other Assets 8,290 6,949
TOTAL ASSETS 515,575 425,287
CURRENT LIABILITIES:    
Revolving credit facility borrowings 20,420 0
Current maturities of related party long-term debt, net 737 672
Accounts payable 53,436 42,680
Bank overdraft 545 285
Accrued payroll and related benefits 35,601 27,572
Other accrued expenses 15,201 14,479
TOTAL CURRENT LIABILITIES 125,940 85,688
LONG-TERM LIABILITIES:    
Long-term related party debt, less current maturities, net 6,365 7,102
Retirement plan 26,154 26,653
Long-term operating lease liabilities, net of current portion 24,877 4,771
Long-term workers' compensation liabilities 7,673 7,321
Other 1,953 1,545
TOTAL LONG-TERM LIABILITIES 67,022 47,392
TOTAL LIABILITIES 192,962 133,080
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Capital in excess of par value 135,691 131,986
Retained earnings 186,965 161,512
Accumulated other comprehensive loss 1,044 (204)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 322,613 292,207
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 515,575 425,287
Class A Common Stock [Member]    
STOCKHOLDERS' EQUITY:    
Common Stock 26 26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]    
STOCKHOLDERS' EQUITY:    
Common Stock $ 91 $ 91