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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Oct. 02, 2016
Jul. 03, 2016
Common Class A [Member]    
STOCKHOLDERS' EQUITY    
Common Stock $ 374,645 $ 374,645
Common Class B [Member]    
STOCKHOLDERS' EQUITY    
Common Stock 141,452 141,452
Cash and cash equivalents 571,487 986,193
Short-term investments 485,452 484,558
Inventories 591,287 561,217
Prepaid expenses and other 426,559 664,379
Income taxes refundable 187,060
TOTAL CURRENT ASSETS 2,261,845 2,696,347
LAND, BUILDINGS & EQUIPMENT, net of accumulated depreciation of $41,268,477 and $40,987,543 19,336,340 19,523,856
Marketable investment securities 8,540,728 8,824,456
Cash surrender value-life insurance 740,161 740,161
Other 66,315 66,315
TOTAL OTHER ASSETS 9,347,204 9,630,932
TOTAL ASSETS 30,945,389 31,851,135
Accounts payable 439,729 660,711
Accrued expenses 773,467 1,193,463
Dividends payable 877,365 877,365
Income taxes payable 207,840
Short-term note payable 500,000
Other current liabilities 940,073 325,982
Current deferred income taxes 27,850 27,850
TOTAL CURRENT LIABILITIES 3,558,484 3,293,211
LONG-TERM DEFERRED COMPENSATION 23,620 23,620
NONCURRENT DEFERRED INCOME TAXES 2,273,354 2,384,962
TOTAL LIABILITIES 5,855,458 5,701,793
COMMITMENTS AND CONTINGENCIES
Preferred stock, par value $10 a share: Authorized and unissued, 2,000,000 shares
Additional paid-in capital 7,854,108 7,854,108
Unrealized gain on available-for-sale securities, net of tax 2,805,261 2,986,587
Retained earnings 13,914,465 14,792,550
TOTAL STOCKHOLDERS' EQUITY 25,089,931 26,149,342
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 30,945,389 $ 31,851,135