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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Apr. 02, 2017
Jul. 03, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 1,437,260 $ 986,193
Short-term investments 1,455,275 484,558
Inventories 508,922 561,217
Prepaid expenses and other 546,505 664,379
TOTAL CURRENT ASSETS 3,947,962 2,696,347
LAND, BUILDINGS & EQUIPMENT Net of accumulated depreciation of $41,305,837 and $40,987,543 18,927,970 19,523,856
OTHER ASSETS:    
Marketable securities 8,522,841 8,824,456
Cash surrender value-life insurance 740,161 740,161
Other 66,315 66,315
TOTAL OTHER ASSETS 9,329,317 9,630,932
TOTAL ASSETS 32,205,249 31,851,135
CURRENT LIABILITIES:    
Accounts payable 558,521 660,711
Accrued expenses 759,279 1,193,463
Dividends payable 877,365 877,365
Income taxes payable 73,077 207,840
Other current liabilities 2,243,856 325,982
Current deferred income taxes 27,850 27,850
TOTAL CURRENT LIABILITIES 4,539,948 3,293,211
LONG-TERM DEFERRED COMPENSATION 23,620 23,620
NONCURRENT DEFERRED INCOME TAXES 2,246,775 2,384,962
TOTAL LIABILITIES 6,810,343 5,701,793
COMMITMENTS AND CONTINGENCIES (Note 3)
STOCKHOLDERS' EQUITY    
Preferred stock, par value $10 a share: Authorized and unissued, 2,000,000 shares 0 0
Additional paid-in capital 7,854,108 7,854,108
Unrealized gain on available-for-sale securities, net of tax 2,762,193 2,986,587
Retained earnings 14,262,508 14,792,550
TOTAL STOCKHOLDERS' EQUITY 25,394,906 26,149,342
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 32,205,249 31,851,135
Common Class A [Member]    
STOCKHOLDERS' EQUITY    
Common Stock 374,645 374,645
Common Class B [Member]    
STOCKHOLDERS' EQUITY    
Common Stock $ 141,452 $ 141,452