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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 26, 2024
Jun. 27, 2024
Dec. 28, 2023
CURRENT ASSETS:      
Cash and cash equivalents $ 336 $ 484 $ 1,975
Accounts receivable, less allowance for doubtful accounts of $356, $318 and $370, respectively 81,200 84,960 77,416
Inventories 205,842 196,563 197,335
Prepaid expenses and other current assets 19,320 12,078 13,040
TOTAL CURRENT ASSETS 306,698 294,085 289,766
PROPERTY, PLANT AND EQUIPMENT:      
Land 13,365 13,365 13,365
Buildings 116,684 115,517 114,708
Machinery and equipment 301,855 295,599 286,317
Furniture and leasehold improvements 5,482 5,423 5,310
Vehicles 1,134 912 790
Construction in progress 19,366 7,569 3,960
Property, plant and equipment gross 457,886 438,385 424,450
Less: Accumulated depreciation 297,231 287,168 276,987
Property, plant and equipment net 160,655 151,217 147,463
Rental investment property, less accumulated depreciation of $15,649, $15,246 and $14,843, respectively 13,474 13,877 14,280
TOTAL PROPERTY, PLANT AND EQUIPMENT 174,129 165,094 161,743
OTHER LONG TERM ASSETS:      
Intangible assets, net 5,057 5,822 6,584
Deferred income taxes 3,900 3,130 562
Goodwill 11,750 11,750 11,750
Operating lease right-of-use assets 29,019 27,404 6,867
Other assets 14,700 8,290 7,187
TOTAL ASSETS 545,253 515,575 484,459
CURRENT LIABILITIES:      
Revolving credit facility borrowings 49,753 20,420 32,052
Current maturities of related party long-term debt, net 834 737 704
Accounts payable 64,585 53,436 62,955
Bank overdraft 1,953 545 1,500
Accrued payroll and related benefits 14,690 35,601 17,479
Other accrued expenses 18,247 15,201 13,601
TOTAL CURRENT LIABILITIES 150,062 125,940 128,291
LONG-TERM LIABILITIES:      
Long-term related party debt, less current maturities, net 5,969 6,365 6,742
Retirement plan 26,773 26,154 27,338
Long-term operating lease liabilities, net of current portion 25,754 24,877 5,141
Long-term workers' compensation liabilities 7,857 7,673 7,291
Other 3,207 1,953 2,419
TOTAL LONG-TERM LIABILITIES 69,560 67,022 48,931
TOTAL LIABILITIES 219,622 192,962 177,222
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 137,858 135,691 133,432
Retained earnings 187,815 186,965 175,096
Accumulated other comprehensive loss 1,044 1,044 (204)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 325,631 322,613 307,237
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 545,253 515,575 484,459
Class A Common Stock      
STOCKHOLDERS' EQUITY:      
Common Stock 26 26 26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock $ 92 $ 91 $ 91