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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 29, 2018
Jun. 29, 2017
Mar. 30, 2017
CURRENT ASSETS:      
Cash $ 1,013 $ 1,955 $ 1,848
Accounts receivable, less allowance for doubtful accounts of $286, $263 and $232 65,129 64,830 59,402
Inventories 184,882 182,420 201,398
Prepaid expenses and other current assets 7,395 4,172 4,625
TOTAL CURRENT ASSETS 258,419 253,377 267,273
PROPERTY, PLANT AND EQUIPMENT:      
Land 9,285 9,285 9,285
Buildings 108,148 107,015 106,566
Machinery and equipment 198,990 194,099 195,293
Furniture and leasehold improvements 4,970 4,842 4,807
Vehicles 535 498 453
Construction in progress 1,757 1,075 1,241
Property, plant and equipment gross 323,685 316,814 317,645
Less: Accumulated depreciation 217,135 210,606 209,864
Property, plant and equipment net 106,550 106,208 107,781
Rental investment property, less accumulated depreciation of $10,233, $9,639 and $9,441 18,660 19,254 19,453
TOTAL PROPERTY, PLANT AND EQUIPMENT 125,210 125,462 127,234
Cash surrender value of officers' life insurance and other assets 8,846 10,125 9,683
Deferred income taxes 5,579 9,095 7,894
Goodwill 9,650    
Intangible assets, net 18,499   233
TOTAL ASSETS 426,203 398,059 412,317
CURRENT LIABILITIES:      
Revolving credit facility borrowings 56,579 29,456 61,337
Current maturities of long-term debt, including related party debt of $4,332, $474 and $465 and net of unamortized debt issuance costs of $47, $55 and $58 7,128 3,418 3,408
Accounts payable, including related party payables of $0, $178 and $186 48,075 50,047 40,173
Bank overdraft 3,520 932 2,979
Accrued payroll and related benefits 7,530 15,958 13,387
Other accrued expenses 9,552 10,062 8,910
TOTAL CURRENT LIABILITIES 132,384 109,873 130,194
LONG-TERM LIABILITIES:      
Long-term debt, less current maturities, including related party debt of $16,596, $10,584 and $10,706 and net of unamortized debt issuance costs of $89, $124 and $136 29,164 25,211 26,069
Retirement plan 21,597 20,994 22,729
Other 7,025 6,513 6,527
TOTAL LONG-TERM LIABILITIES 57,786 52,718 55,325
TOTAL LIABILITIES 190,170 162,591 185,519
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:      
Capital in excess of par value 119,336 117,772 117,232
Retained earnings 121,639 123,190 116,466
Accumulated other comprehensive loss (3,853) (4,404) (5,810)
Treasury stock, at cost; 117,900 shares of Common Stock (1,204) (1,204) (1,204)
TOTAL STOCKHOLDERS' EQUITY 236,033 235,468 226,798
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY 426,203 398,059 412,317
Class A Common Stock [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock 26 26 26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]      
STOCKHOLDERS' EQUITY:      
Common Stock $ 89 $ 88 $ 88