v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Jul. 02, 2011
Current assets:    
Cash and cash equivalents $ 16,112 $ 9,107
Short-term investments 25,599 15,565
Accounts receivable:    
Trade (less allowances of $1,786 and $3,522, respectively) 13,011 11,782
Other 165 37
Inventory 21,149 25,500
Deferred tax assets 2,190 1,996
Prepaid expenses 674 799
Total current assets 78,900 64,786
Property, plant and equipment, at cost 12,238 12,805
Less accumulated depreciation and amortization 8,052 8,822
Net property, plant and equipment 4,186 3,983
Deferred tax assets - noncurrent 4,043 4,303
Goodwill 15,510 15,510
Trade names 9,200 9,200
Other intangible assets (net of accumulated amortization of $2,798 and $1,059, respectively) 13,530 15,253
Other assets 2,897 2,944
Total assets 128,266 115,979
Current liabilities:    
Short-term notes payable 1,750 1,750
Current installments of long-term debt 4,286 3,928
Accounts payable 10,962 10,118
Accrued expenses 5,701 1,947
Total current liabilities 22,699 17,743
Long-term debt, excluding current installments 20,357 24,643
Accrued retirement costs and other 10,803 11,070
Total liabilities 53,859 53,456
Commitments and contingencies (note 17)      
Shareholders' equity:    
Preferred shares, $1 par value per share: Authorized 3,775 Class A shares, 225 Series II Junior Participating Class A shares and 1,000 Class B shares; none issued      
Common shares, $1 par value per share: Authorized 22,500 shares; issued and outstanding 11,182 and 11,053 shares, respectively (excluding treasury shares of 1,048 and 1,047, respectively) 11,182 11,053
Additional capital in excess of par value 22,281 20,271
Accumulated other comprehensive loss (11,679) (10,242)
Retained earnings 52,623 41,441
Total shareholders' equity 74,407 62,523
Total liabilities and shareholders' equity $ 128,266 $ 115,979