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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Oct. 01, 2011
Jul. 02, 2011
ASSETS  
Cash and cash equivalents$ 622$ 9,107
Short-term investments2,86015,565
Accounts receivable (less allowances of $7,006 and $3,522, respectively)36,12111,819
Inventory34,37625,500
Deferred tax assets - current2,1151,996
Prepaid expenses1,001799
Total current assets77,09564,786
Property, plant and equipment, at cost13,27512,805
Less accumulated depreciation and amortization9,1698,822
Net property, plant and equipment4,1063,983
Deferred tax assets - noncurrent4,2814,303
Goodwill15,51015,510
Trade names9,2009,200
Other intangible assets (net of accumulated amortization of $1,498 and $1,059, respectively)14,81615,253
Other assets2,7492,944
Total assets127,757115,979
LIABILITIES AND SHAREHOLDERS' EQUITY  
Short-term notes payable4,7501,750
Current installments of long-term debt4,2864,285
Accounts payable8,18610,118
Accrued expenses7,1421,947
Total current liabilities24,36418,100
Long-term debt23,57124,286
Accrued retirement costs and other11,11111,070
Total liabilities59,04653,456
Commitments and contingent liabilities (note 15)  
Shareholders' equity:  
Preferred shares, $1 par value per share: Authorized 3,775 Class A Shares, 225 Series I Junior Participating Class A Shares, and 1,000 Class B Shares; none issued  
Common shares, $1 par value per share: Authorized 22,500 shares; issued and outstanding 11,055 and 11,053 shares, respectively (excluding treasury shares of 1,048 and 1,047, respectively)11,05511,053
Additional capital in excess of par value20,49220,271
Accumulated other comprehensive loss(10,387)(10,242)
Retained earnings47,55141,441
Total shareholders' equity68,71162,523
Total liabilities and shareholders' equity$ 127,757$ 115,979