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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 28, 2024
Mar. 30, 2023
Mar. 28, 2024
Mar. 30, 2023
Statement of Comprehensive Income [Abstract]        
Net sales $ 271,884 $ 238,535 $ 797,211 $ 765,464
Cost of sales 222,707 188,767 633,073 608,551
Gross profit 49,177 49,768 164,138 156,913
Operating expenses:        
Selling expenses 18,654 18,109 61,647 57,921
Administrative expenses 12,171 9,841 34,187 30,296
Bargain purchase gain, net 0 0 (2,226) 0
Total operating expenses 30,825 27,950 93,608 88,217
Income from operations 18,352 21,818 70,530 68,696
Other expense:        
Interest expense including $171, $186, $524 and $568 to related parties 785 552 2,067 1,828
Rental and miscellaneous expense, net 324 371 940 1,084
Pension expense (excluding service costs) 350 349 1,050 1,046
Total other expense, net 1,459 1,272 4,057 3,958
Income before income taxes 16,893 20,546 66,473 64,738
Income tax expense 3,416 4,814 16,237 16,554
Net income 13,477 15,732 50,236 48,184
Other comprehensive income:        
Amortization of actuarial loss included in net periodic pension cost 0 7 0 21
Income tax expense related to pension adjustments 0 (2) 0 (5)
Other comprehensive income , net of tax 0 5 0 16
Comprehensive income $ 13,477 $ 15,737 $ 50,236 $ 48,200
Net income per common share — basic $ 1.16 $ 1.36 $ 4.33 $ 4.16
Net income per common share — diluted $ 1.15 $ 1.35 $ 4.3 $ 4.14