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Lakeville Acquisition (Tables)
12 Months Ended
Jun. 26, 2025
Business Combination [Abstract]  
Summary of Fair Value of Assets Acquired

The following table summarizes the 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

 

Summary of Unaudited Pro Forma Results Of Operations

The following reflects the unaudited pro forma results of operations of the Company as if the Lakeville Acquisition had taken place at the beginning of fiscal 2023. 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.

 

 

 

Year Ended
June 27,
2024

 

 

Year Ended
June 29,
2023

 

Pro forma net sales

 

$

1,107,096

 

 

$

1,164,597

 

Pro forma net income

 

 

57,878

 

 

 

57,929

 

Pro forma diluted earnings per share

 

$

4.95

 

 

$

4.98