XML 34 R25.htm IDEA: XBRL DOCUMENT v3.24.0.1
Lakeville Acquisition (Tables)
 6 Months Ended
Dec. 28, 2023
Business Acquisition [Line Items]  
Summary of Fair Value of Assets Acquired

The following table summarizes the preliminary amounts allocated to the fair values of certain assets acquired at the acquisition date:

 

Inventories

$

35,500

 

Property, plant and equipment

 

25,600

 

Identifiable intangible assets:

 

 

   Product formulas

 

850

 

   Total assets acquired

$

61,950

 
Business Acquisition, Pro Forma Information [Table Text Block] This pro forma information does not purport to represent what the Company’s actual results would have been if the Lakeville Acquisition had occurred as of the date indicated or what such results would be for any future periods.

 

 

For the Quarter Ended

 

 

For the Twenty-Six Weeks Ended

 

 

 

December 28,
2023

 

 

December 29,
2022

 

 

December 28,
2023

 

 

December 29,
2022

 

Pro forma net sales

 

$

291,222

 

 

$

313,870

 

 

$

565,640

 

 

$

608,754

 

Pro forma net income

 

 

18,883

 

 

 

16,697

 

 

 

33,335

 

 

 

29,797

 

Pro forma diluted earnings per share

 

$

1.62

 

 

$

1.44

 

 

$

2.86

 

 

$

2.56