Note 4 - Land, Buildings, and Equipment

12 Months Ended

Jun. 28, 2015

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4. LAND, BUILDINGS, AND EQUIPMENT

Land, buildings, and equipment, at cost, consisted of

t

he following:

	June 28, 2015		June 29, 2014
Buildings	$	18,741,152	$	18,504,838
Leasehold and building improvements		8,102,338		8,069,448
Bowling lanes and equipment		22,404,206		22,230,327
Land		10,526,607		10,526,607
Amusement games		739,007		750,079
Bowling lanes and equipment not yet in use		141,938		164,123
		60,655,248		60,245,422
Less accumulated depreciation and amortization		40,237,794		39,358,295
	$	20,417,454	$	20,887,127

Depreciation and amortization expense for buildings and equipment for fiscal years 2015 and 2014 was $1,254,541, and $1,323,276, respectively. The Company includes construction in progress costs in the bowling lanes and equipment not yet in use category until completion of the project. Bowling lanes

and equipment not yet in use are not depreciated.