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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 26, 2025
Jul. 27, 2024
Current assets    
Cash and cash equivalents $ 115,360 $ 117,261
Merchandise inventories 51,181 46,739
Patronage dividend receivable 9,945 16,068
Income taxes receivable 118 2,252
Other current assets 18,423 17,382
Total current assets 195,027 199,702
Property, equipment and fixtures, net 331,538 303,217
Operating lease assets 248,391 259,764
Investment in Wakefern 32,207 33,093
Investments in Real Estate Partnerships 21,312 19,923
Goodwill 24,190 24,190
Other assets 33,756 38,913
Total assets 995,573 981,664
Current liabilities    
Operating lease obligations 21,559 21,282
Finance lease obligations 1,010 879
Current portion of debt 9,593 9,481
Accounts payable and accrued expenses 37,361 28,433
Accrued wages and benefits 31,680 32,489
Income taxes payable 2,019 0
Total current liabilities 183,883 174,217
Long-term debt    
Operating lease obligations 245,199 256,091
Finance lease obligations 18,571 19,525
Notes payable to Wakefern 514 911
Long-term debt 50,728 62,764
Total long-term debt 315,012 339,291
Pension liabilities 3,034 5,113
Other liabilities 13,964 15,484
Commitments and Contingencies
Shareholders' equity    
Preferred stock, no par value: Authorized 10,000 shares, none issued 0 0
Retained earnings 411,497 380,618
Accumulated other comprehensive income 5,277 6,579
Total shareholders’ equity 479,680 447,559
Total liabilities and shareholders’ equity 995,573 981,664
Related Party    
Current assets    
Notes receivable from Wakefern 109,152 102,862
Current liabilities    
Notes payable to Wakefern 560 751
Accounts payable to Wakefern 80,101 80,902
Common Class A    
Shareholders' equity    
Common Stock 82,701 80,186
Less treasury stock, Class A, at cost: 997 shares at April 26, 2025 and 999 shares at July 27, 2024 (20,465) (20,507)
Common Class B    
Shareholders' equity    
Common Stock $ 670 $ 683