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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Jun. 27, 2024
Jun. 29, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]      
Net sales $ 1,066,783 $ 999,686 $ 955,868
Cost of sales 852,644 788,055 756,241
Gross profit 214,139 211,631 199,627
Operating expenses:      
Selling expenses 82,694 76,803 76,882
Administrative expenses 48,484 44,604 37,657
Bargain purchase gain, net (2,226) 0 0
Gain on sale of facility, net 0 0 (2,349)
Total operating expenses 128,952 121,407 112,190
Income from operations 85,187 90,224 87,437
Other expense:      
Interest expense including $691, $750 and $788 to related parties, respectively 2,549 2,159 1,921
Rental and miscellaneous expense, net 1,301 1,321 1,347
Pension expense (excluding service costs) 1,400 1,394 2,473
Total other expense, net 5,250 4,874 5,741
Income before income taxes 79,937 85,350 81,696
Income tax expense 19,688 22,493 19,909
Net income 60,249 62,857 61,787
Other comprehensive income, net of tax:      
Amortization of prior service cost and actuarial loss included in net periodic pension cost 0 21 1,077
Net actuarial gain arising during the period 1,248 2,255 5,468
Other comprehensive income, net of tax 1,248 2,276 6,545
Comprehensive income $ 61,497 $ 65,133 $ 68,332
Net income per common share — basic $ 5.19 $ 5.43 $ 5.36
Net income per common share — diluted 5.15 5.4 5.33
Cash dividends declared per share $ 3 $ 4.75 $ 3
Weighted average shares outstanding — basic 11,615,255 11,576,852 11,537,699
Weighted average shares outstanding — diluted 11,687,546 11,642,046 11,593,949