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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 27, 2025
Jun. 27, 2024
Mar. 28, 2024
CURRENT ASSETS:      
Cash and cash equivalents $ 1,295 $ 484 $ 377
Accounts receivable, less allowance for doubtful accounts of $315, $318 and $367, respectively 74,538 84,960 75,638
Inventories 257,798 196,563 210,672
Prepaid expenses and other current assets 15,565 12,078 9,636
TOTAL CURRENT ASSETS 349,196 294,085 296,323
PROPERTY, PLANT AND EQUIPMENT:      
Land 13,365 13,365 13,365
Buildings 117,258 115,517 115,084
Machinery and equipment 313,441 295,599 287,363
Furniture and leasehold improvements 5,535 5,423 5,310
Vehicles 1,134 912 790
Construction in progress 12,840 7,569 8,271
Property, plant and equipment gross 463,573 438,385 430,183
Less: Accumulated depreciation 302,462 287,168 281,869
Property, plant and equipment net 161,111 151,217 148,314
Rental investment property, less accumulated depreciation of $15,851, $15,246 and $15,044, respectively 13,272 13,877 14,079
TOTAL PROPERTY, PLANT AND EQUIPMENT 174,383 165,094 162,393
OTHER LONG TERM ASSETS:      
Intangible assets, net 4,740 5,822 6,203
Deferred income taxes 3,605 3,130 651
Goodwill 11,750 11,750 11,750
Operating lease right-of-use assets 28,871 27,404 7,409
Other assets 17,431 8,290 7,199
TOTAL ASSETS 589,976 515,575 491,928
CURRENT LIABILITIES:      
Revolving credit facility borrowings 89,602 20,420 32,093
Current maturities of related party long-term debt, net 790 737 721
Accounts payable 51,966 53,436 51,458
Bank overdraft 942 545 1,351
Accrued payroll and related benefits 12,858 35,601 21,712
Other accrued expenses 17,833 15,201 13,055
TOTAL CURRENT LIABILITIES 173,991 125,940 120,390
LONG-TERM LIABILITIES:      
Long-term related party debt, less current maturities, net 5,765 6,365 6,555
Retirement plan 27,082 26,154 27,570
Long-term operating lease liabilities, net of current portion 25,304 24,877 5,553
Long-term workers' compensation liabilities 7,855 7,673 7,383
Other 3,366 1,953 2,665
TOTAL LONG-TERM LIABILITIES 69,372 67,022 49,726
TOTAL LIABILITIES 243,363 192,962 170,116
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 138,687 135,691 134,530
Retained earnings 207,968 186,965 188,573
Accumulated other comprehensive income (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 346,613 322,613 321,812
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 589,976 515,575 491,928
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