XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
Jul. 01, 2018
Jul. 02, 2017
CURRENT ASSETS:    
Cash and cash equivalents (Note 2) $ 1,008,433 $ 604,671
Short-term investments (Note 3) 2,157,875 2,951,315
Inventories 490,456 534,741
Prepaid expenses and other 760,561 555,687
Income taxes refundable 192,298
TOTAL CURRENT ASSETS 4,609,623 4,646,414
LAND, BUILDINGS & EQUIPMENT, net (Note 4) 18,698,651 18,860,778
OTHER ASSETS:    
Marketable investment securities (Note 3) 4,816,804 5,272,318
Cash surrender value-life insurance 717,733 772,326
Other 66,315 66,315
TOTAL OTHER ASSETS 5,600,852 6,110,959
TOTAL ASSETS 28,909,126 29,618,151
CURRENT LIABILITIES:    
Accounts payable 806,487 673,786
Accrued expenses 1,107,226 1,069,668
Dividends payable 877,365 877,365
Income taxes payable 22,543
Other current liabilities 305,236 342,324
TOTAL CURRENT LIABILITIES 3,096,314 2,985,686
LONG-TERM DEFERRED COMPENSATION 17,440 18,413
DEFERRED INCOME TAXES (Note 7) 1,311,697 2,027,659
TOTAL LIABILITIES 4,425,451 5,031,758
COMMITMENTS AND CONTINGENCIES (Note 5)
STOCKHOLDERS' EQUITY (Note 8)    
Preferred stock, par value $10 a share: Authorized and unissued, 2,000,000 shares
Additional paid-in capital 7,854,108 7,854,108
Accumulated other comprehensive earnings- Unrealized gain on available-for-sale securities, net of tax 2,102,745 2,481,988
Retained earnings 14,010,725 13,734,200
TOTAL STOCKHOLDERS'EQUITY 24,483,675 24,586,393
TOTAL LIABILITIES AND STOCKHOLDERS'EQUITY 28,909,126 29,618,151
Common Class A [Member]    
STOCKHOLDERS' EQUITY (Note 8)    
Common Stock 374,645 374,645
Common Class B [Member]    
STOCKHOLDERS' EQUITY (Note 8)    
Common Stock $ 141,452 $ 141,452