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Discontinued operations (Tables)
12 Months Ended
Jun. 29, 2019
Discontinued Operations and Disposal Groups  
Schedule of summarized results of discontinued operations

 

 

 

 

 

 

Year Ended

 

 

July 1,

 

 

2017

 

 

(Thousands)

Sales

 

$

5,432,140

Cost of sales

 

 

4,883,945

Gross profit

 

 

548,195

Selling, general and administrative expenses

 

 

430,003

Restructuring, integration and other expenses

 

 

7,280

Operating income

 

 

110,912

Interest and other expense, net

 

 

(24,291)

Income from discontinued operations before income taxes

 

 

86,621

Income tax expense

 

 

47,050

Income from discontinued operations, net of taxes

 

 

39,571

Gain on sales of discontinued operations, net of tax

 

 

222,356

Net income from discontinued operations, net of taxes

 

$

261,927