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Lakeville Acquisition (Tables)
9 Months Ended
Mar. 28, 2024
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 Thirty-Nine Weeks Ended

 

 

 

March 28,
2024

 

 

March 30,
2023

 

 

March 28,
2024

 

 

March 30,
2023

 

Pro forma net sales

 

$

271,884

 

 

$

279,339

 

 

$

837,524

 

 

$

888,092

 

Pro forma net income

 

 

14,255

 

 

 

14,237

 

 

 

47,716

 

 

 

43,747

 

Pro forma diluted earnings per share

 

$

1.22

 

 

$

1.22

 

 

$

4.08

 

 

$

3.76