1-800-FLOWERS.COM (FLWS) 10-Q 12 May 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Apr. 02, 2017	May 04, 2017
Document Information [Line Items]
Entity Registrant Name	1 800 FLOWERS COM INC
Entity Central Index Key	1,084,869
Trading Symbol	flws
Current Fiscal Year End Date	--07-02
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Type	10-Q
Document Period End Date	Apr. 2, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Amendment Flag	false
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		35,352,095
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		29,983,004

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Apr. 02, 2017	Jul. 03, 2016
Assets
Cash and cash equivalents	$ 56,765	$ 27,826
Trade receivables, net	21,549	19,123
Inventories	63,713	103,328
Prepaid and other	17,388	16,382
Assets held for sale	91,822
Total current assets	251,237	166,659
Property, plant and equipment, net	154,668	171,362
Goodwill	62,767	77,667
Other intangibles, net	61,441	79,000
Other assets	9,685	8,253
Total assets	539,798	502,941
Liabilities and Stockholders' Equity
Accounts payable	19,457	35,201
Accrued expenses	87,921	66,066
Current maturities of long-term debt	6,469	19,594
Liabilities held for sale	4,428
Total current liabilities	118,275	120,861
Long-term debt	103,300	94,396
Deferred tax liabilities	33,628	35,517
Other liabilities	9,225	9,581
Total liabilities	264,428	260,355
Total stockholders' equity	275,370	242,586
Total liabilities and stockholders' equity	$ 539,798	$ 502,941

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016
Net revenues	$ 233,715	$ 234,207	$ 954,097	$ 938,629
Cost of revenues	140,134	137,486	532,135	521,816
Gross profit	93,581	96,721	421,962	416,813
Operating expenses:
Marketing and sales	70,158	71,502	245,112	243,567
Technology and development	10,254	9,903	29,591	29,059
General and administrative	20,962	21,006	64,446	61,032
Depreciation and amortization	8,492	7,546	25,656	24,279
Total operating expenses	109,866	109,957	364,805	357,937
Operating income (loss)	(16,285)	(13,236)	57,157	58,876
Interest expense, net	1,191	1,239	4,796	5,292
Other (income) expense, net	(421)	145	(570)	(15,151)
Income (loss) before income taxes	(17,055)	(14,620)	52,931	68,735
Income tax expense (benefit)	(5,925)	(5,494)	16,903	21,813
Net income (loss)	(11,130)	(9,126)	36,028	46,922
Less: Net loss attributable to noncontrolling interest				(1,007)
Net income (loss) attributable to 1-800-FLOWERS.COM, Inc.	$ (11,130)	$ (9,126)	$ 36,028	$ 47,929
Basic net income (loss) per common share attributable to 1-800-FLOWERS.COM, Inc. (in dollars per share)	$ (0.17)	$ (0.14)	$ 0.55	$ 0.74
Diluted net income (loss) per common share attributable to 1-800-FLOWERS.COM, Inc. (in dollars per share)	$ (0.17)	$ (0.14)	$ 0.53	$ 0.71
Weighted average shares used in the calculation of net income (loss) per common share:
Basic (in shares)	65,199	64,687	65,169	64,724
Diluted (in shares)	65,199	64,687	67,747	67,053

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016
Net income (loss)	$ (11,130)	$ (9,126)	$ 36,028	$ 46,922
Other comprehensive income/(loss) (currency translation)	(100)	(6)	(19)	231
Comprehensive income (loss)	(11,230)	(9,132)	36,009	47,153
Net loss attributable to noncontrolling interest				(1,007)
Other comprehensive income (loss) (currency translation) attributable to noncontrolling interest				87
Comprehensive net loss attributable to noncontrolling interest				(920)
Comprehensive income (loss) attributable to 1-800-FLOWERS.COM, Inc.	$ (11,230)	$ (9,132)	$ 36,009	$ 48,073

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016
Operating activities:
Net income	$ 36,028	$ 46,922
Reconciliation of net income to net cash provided by operating activities, net of acquisitions:
Depreciation and amortization	25,656	24,279
Amortization of deferred financing costs	1,285	1,209
Deferred income taxes	(1,889)	(1,793)
Foreign equity method investment impairment		1,728
Loss on sale/impairment of iFlorist		2,121
Bad debt expense	935	973
Stock-based compensation	4,784	4,831
Other non-cash items	(227)	299
Changes in operating items:
Trade receivables	(13,595)	(15,090)
Insurance receivable		3,053
Inventories	892	(2,488)
Prepaid and other	(2,030)	156
Accounts payable and accrued expenses	9,670	10,453
Other assets	(34)	(47)
Other liabilities	(267)	412
Net cash provided by operating activities	61,208	77,018
Investing activities:
Capital expenditures, net of non-cash expenditures	(18,753)	(20,022)
Net cash used in investing activities	(18,753)	(20,022)
Financing activities:
Acquisition of treasury stock	(8,277)	(12,958)
Proceeds from exercise of employee stock options	268	700
Proceeds from bank borrowings	181,000	178,000
Repayment of notes payable and bank borrowings	(185,000)	(188,980)
Debt issuance costs	(1,507)
Other		(2)
Net cash used in financing activities	(13,516)	(23,240)
Net change in cash and cash equivalents	28,939	33,756
Cash and cash equivalents:
Beginning of period	27,826	27,940
End of period	$ 56,765	$ 61,696

Note 1 - Accounting Policies

Note 1 - Accounting Policies	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	Note 1 – Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by 1 800 Company”) in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10 10 three nine April 2, 2017 may July 2, 2017. 10 July 3, 2016. The Company ’s quarterly results may second 50% third fourth first 2016, March 27th, third 2017, April 16th, third fourth Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanyin g notes. Actual results could differ from those estimates. Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers.” This amended guidance will enhance the comparability of revenue recognition practices and will be applied to all contracts with customers. Expanded disclosures related to the nature, amount, timing, and uncertainty of revenue that is recognized are requirements under the amended guidance. This guidance will be effective for the Company’s fiscal year ending June 30, 2019 may In April 2015, 2015 03, Simplifying the Presentation of Debt Issuance Costs,” which amends ASC 835 30, 2015 03 July 4, 2016 $3.6 July 3, 2016. In July 2015, 2015 11, Inventory (Topic 330).” 2015 11 July 1, 2018. 2015 11 In January 2016, 2016 01, – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities." The pronouncement requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset, and eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. These changes become effective for the Company's fiscal year ending June 30, 2019. In February 201 6, 2016 02, 842).” June 28, 2020. In March 2016, 2016 09, 2016 09 2016 09 2016 09, second 2017. $0.1 $0.9 for the three nine April 2, 2017. 700,000 nine April 2, 2017, 2017, In June 2016, 2016 13, Financial Instruments-Credit Losses (Topic 326): 2016 13 2016 13 July 4, 2021, In January 2017, 2017 01, 805): 2017 01)," 2017 01 the Company's fiscal year ending June 30, 2019, and should be applied In January 2017, 2017 04, 350): 2017 04)," two 2017 04, July 4, 2021, We do not expect the standard to have a material impact on our consolidated financial statements. Reclassifications Certain balances in the prior fiscal years have been reclassified to conform to the presentation in the current fiscal year. See “ Recent Accounting Pronouncements” above regarding the impact of our adoption of ASU No. 2015 03 2015 17.

Note 2 - Net Income Per Common

Note 2 - Net Income Per Common Share	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 2 – Net Income Per Common Share The following table sets forth the computation of basic and diluted net income per common share: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 (in thousands, except per share data, Numerator: Net income (loss) $ (11,130 ) $ (9,126 ) $ 36,028 $ 46,922 Less: Net loss attributable to noncontrolling interest - - (1,007 ) Income attributable to 1-800-FLOWERS.COM, Inc. $ (11,130 ) $ (9,126 ) $ 36,028 $ 47,929 Denominator: Weighted average shares outstanding 65,199 64,687 65,169 64,724 Effect of dilutive securities: Employee s tock options (1) - - 1,511 1,428 Employee restricted stock awards - - 1,067 901 - - 2,578 2,329 Adjusted weighted-average shares and assumed conversions 65,199 64,687 67,747 67,053 Net income per common share attributable to 1-800-FLOWERS.COM, Inc. Basic $ (0.17 ) $ (0.14 ) $ 0.55 $ 0.74 Diluted $ (0.17 ) $ (0.14 ) $ 0.53 $ 0.71 Note (1): 0.0 0.1 three nine April 2 2017 0.1 three nine March 27, 2016, net income per share on a diluted basis as their effect is anti-dilutive. Note (2): 1 800 three April 2, 2017 March 27, 2016, no

Note 3 - Stock-based Compensati

Note 3 - Stock-based Compensation	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note 3 – Stock-Based Compensation The Company has a Long Term Incentive and Share Award Plan, which is more fully described in Note 12 13 ’s Annual Report on Form 10 July 3, 2016, The amounts of stock-based compensation expense recognized in the periods presented are as follows: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 (in thousands, unaudited) Stock options $ 110 $ 112 $ 337 $ 314 Restricted stock 1,176 1,538 4,447 4,517 Total 1,286 1,650 4,784 4,831 Deferred income tax benefit 387 491 1,528 1,533 Stock-based compensation expense, net $ 899 $ 1,159 $ 3,256 $ 3,298 Stock-based compensation is recorded within the following line items of operating expenses: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 (in thousands, Marketing and sales $ 342 $ 586 $ 1,384 $ 1,781 Technology and development 71 91 267 411 General and administrative 873 973 3,133 2,639 Total $ 1,286 $ 1,650 $ 4,784 $ 4,831 The following table summarizes stock option activity during the nine months ended April 2, 2017 (unaudited) : Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (000s) Outstanding at July 3, 2016 2,182,234 $ 2.49 Granted - $ - Exercised (51,500 ) $ 5.20 Forfeited - $ - Outstanding at April 2, 2017 2,130,734 $ 2.43 $ 16,566 Options vested or expected to vest at April 2, 2017 2,130,734 $ 2.43 $ 16,566 Exercisable at April 2, 2017 1,471,734 $ 2.37 $ 11,530 As of April 2, 2017, $1.0 2.2 The Company grants shares of Common Stock to its employees that are subject to r estrictions on transfer and risk of forfeiture until fulfillment of applicable service and performance conditions and, in certain cases, holding periods (Restricted Stock). The following table summarizes the activity of non-vested restricted stock awards during the nine April 2, 2017 (unaudited) : Shares Weighted Average Grant Date Fair Value Non-vested at July 3, 2016 2,017,069 $ 6.78 Granted 814,406 $ 9.88 Vested (885,502 ) $ 6.83 Forfeited (473,494 ) $ 9.77 Non-vested at April 2, 2017 1,472,479 $ 7.50 The fair value of non-vested shares is determined based on the closing stock price on the grant date. As of April 2, 2017, $6.9 2.2

Note 4 - Dispositions

Note 4 - Dispositions	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Note 4 Pending disposition of Fannie May On March 15, 2017, and Ferrero International S.A., a Luxembourg corporation (“Ferrero”), entered into a Stock Purchase Agreement (the “Purchase Agreement”) pursuant to which Ferrero will purchase from the Company all of the outstanding equity of Fannie May May May”) May $115.0 errero. The closing of the Acquisition is expected to be on May 30, 2017 May May May The Company determined that the Fannie May 360 10 45 9, Further, per 360 10 35 43, . The Company compared Fannie May's carrying amount to its fair value less estimated costs to sell, and determined that the disposal group should be measured at its carrying amount as of April 2, 2017. The assets and liabilities of Fannie May April 2, 2017. May April 2, 2017: Fannie May - Held for sale assets and liabilities (in thousands, unaudited) Assets: Trade receivables, net 9,325 Inventories 38,724 Prepaid and other 1,024 Property, plant and equipment, net 11,087 Goodwill (Note 1) 14,900 Other intangibles, net 16,572 Other assets 190 Total assets held for sale $ 91,822 Liabilities: Accounts payable $ 1,387 Accrued expenses 1,264 Other liabilities 1,777 Total liabilities held for sale $ 4,428 Note (1) 350 20 40, May $14.9 May May 15, 1 Company’s annual report on Form 10 July 3, 2016. Disposition of Colonial Gifts Limited ("iFlorist") During the quarter ended September 27, 2015, ’s management committed to a plan to sell its iFlorist business in order to focus its internal resources and capital on integrating and achieving synergy savings with respect to its acquisition of Harry & David, which was completed on September 30, 2014. 360 10 45 9, September 27, 2015. ($3.4 ($1.5 $1.9 September 27, 2015. October 2015, $1.5 December 27, 2015, $0.2

Note 5 - Inventory

Note 5 - Inventory	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Inventory Disclosure [Text Block]	Note 5 – Inventory The Company ’s inventory, stated at cost, which is not in excess of market, includes purchased and manufactured finished goods for sale, packaging supplies, crops, raw material ingredients for manufactured products and associated manufacturing labor and is classified as follows: April 2, 201 7 July 3, 2016 (in thousands) Finished goods $ 30,602 $ 44,264 Work-in-process 26,800 24,573 Raw materials 6,311 34,491 Total inventory $ 63,713 $ 103,328 Inventories to be disposed of as a result of the Fannie May April 2, 2017, Note 4

Note 6 - Goodwill and Intangibl

Note 6 - Goodwill and Intangible Assets	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	Note 6 – Goodwill and Intangible Assets The following table presents goodwill by segment and the related change in the net carrying amount: 1-800-Flowers.com Consumer Floral BloomNet Wire Service Gourmet Food & Gift Baskets (1) Total (in thousands) Balance at July 3, 2016 $ 17,441 $ - $ 60,226 $ 77,667 Goodwill reclassified to assets held for sale (see Note 4 - - 14,900 14,900 Balance at April 2, 2017 $ 17,441 $ - $ 45,326 $ 62,767 (1) The total carrying amount of goodwill for all periods in the table above is reflected net of $71.1 recorded in the Gourmet Food & Gift Baskets segment during fiscal 2009. The Company ’s other intangible assets consist of the following: April 2 , 201 7 July 3, 2016 Amortization Period Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net (in years) (in thousands) Intangible assets with determinable lives Investment in licenses 14 - 16 $ 7,420 $ 5,911 $ 1,509 $ 7,420 $ 5,832 $ 1,588 Customer lists 3 - 10 12,184 7,920 4,264 21,144 15,960 5,184 Other 5 - 14 2,946 2,017 929 3,665 2,698 967 Total intangible assets with determinable lives 22,550 15,848 6,702 32,229 24,490 7,739 Trademarks with indefinite lives 54,739 - 54,739 71,261 - 71,261 Total identifiable intangible assets $ 77,289 $ 15,848 $ 61,441 $ 103,490 $ 24,490 $ 79,000 Trademarks and customer lists to be disposed of as a result of the Fannie May April 2, 2017, Note 4 Intangible assets are reviewed for impairmen t whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may 2017 $0.4 2018 $1.3 2019 $0.7 2020 $0.6 2021 $0.6million $3.1million.

Note 7 - Investments

Note 7 - Investments	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Equity Method Investments and Joint Ventures Disclosure [Text Block]	Note 7 – Investments The Company has certain investments in non-marketable equity instruments of private companies. The Company accounts for these investments using the equity method if they provide the Company the ability to exercise significant influence, but not control, over the investee. Significant influence is generally deemed to exist if the Company has an ownership interest in the voting stock of the investee between 20% 50%, The Company ’s equity method investment is comprised of a 29.0% May 31, 2012. $1.1 April 2, 2017 July 3, 2016, three nine April 2, 2017 March 27, 2016 $0.1 September 27, 2015, ($1.2 ($2.9 $1.7 nine March 27, 2016. Investments in non-marketable equity instruments of private companies, where the Company does not possess the ability to exercise significa nt influence, are accounted for under the cost method. Cost method investments are originally recorded at cost, and are included within the “Other assets” line item within the Company’s consolidated balance sheets. The aggregate carrying amount of the Company’s cost method investments was $1.7 $1.5 Note 4 April 2, 2017 July 3, 2016. The Company also holds certain trading securities associated with its Non-Qualified Deferred C ompensation Plan (“NQDC Plan”). These investments are measured using quoted market prices at the reporting date and are included within the “Other assets” line item in the condensed consolidated balance sheets (see Note 10 Each reporting period, the Company uses available qualitative and quantitative information to evaluate its investments for impairment. When a decline in fair value, if any, is determined to be other-than-temporary, an impairment charge is recorded in the consolidated statement of operations.

Note 8 - Debt

Note 8 - Debt	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	Note 8 –Debt The Company ’s current and long-term debt consists of the following: April 2, 2017 July 3, 2016 (in thousands) Revolver (1) $ - $ - Term Loan (1) 113,563 117,563 Deferred financing costs (3,794 ) (3,573 ) Total debt 109,769 113,990 Less: current debt 6,469 19,594 Long-term debt $ 103,300 $ 94,396 (1) December 23, 2016 , the Company “2016 with JPMorgan Chase Bank as administrative agent, and a group of lenders. 2016 ’s credit agreement dated as of September 30, 2014 “2014 $115.0 two December 23, 2021. 19 April 2, 2017, 5% one, 7.5% two, 10% three, 12.5% four, 15% five, $61.8 $200 $100 January 1 August 1, may For each borrowing under the 2016 may (1) 0.75% 1.5%, 0.5% 1% (2) 1.75% 2.5%, 2016 The Company was in compliance with these covenants as of April 2, 2017. 2016 Future principal payments under the term loan are as fo llows: $1.5 2017, $7.2 2018, $10.1 2019, $12.9 2020, $15.8 2021, $66.1

Note 9 - Property, Plant and Eq

Note 9 - Property, Plant and Equipment	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	Note 9 The Company ’s property, plant and equipment consists of the following: April 2, 2017 July 3, 2016 (in thousands) Land $ 30,789 $ 30,789 Orchards in production and land improvements 9,564 9,483 Building and building improvements 56,407 54,950 Leasehold improvements 11,378 21,584 Production equipment and furniture and fixtures 44,887 72,912 Computer and telecommunication equipment 53,609 52,737 Software 123,800 136,333 Capital projects in progress - orchards 8,615 8,513 Property, plant and equipment, gross 339,049 387,301 Accumulated depreciation and amortization (184,381 ) (215,939 ) Property, plant and equipment, net $ 154,668 $ 171,362 Property, plant and equipment to be disposed of as a result of the Fannie May April 2, 2017, Note 4

Note 10 - Fair Value Measuremen

Note 10 - Fair Value Measurements	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 10 Cash and cash equivalents, trade and other receivables, accounts payable and accrued expenses are reflected in the consolidated balance sheets at carrying value, which approximates fair value due to the short-term nature of these instruments. Although no trading market exists, the Company believes that the carrying amount of its debt approximates fair value due to its variable nature. The Company’s investments in non-marketable equity instruments of private companies are carried at cost and are periodically assessed for other-than-temporary impairment, when an event or circumstances indicate that an other-than-temporary decline in value may may may Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability, in the principal or most advantageous market for the asset or liability, in an orderly transaction between market participants at the measurement date. The authoritative guidance for fair value measurements establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (level 1 3 three Level 1 Valuations based on quoted prices in active markets for identical assets or liabilities that the entity has the ability to access. Level 2 Valuations based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities. Level 3 Valuations based on inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The following table presents by level, within the fair value hierarchy, financial assets and liabilities measured at fair value on a recurring basis: Fair Value Measurements - Assets (Liabilities) Carrying Value Level 1 Level 2 Level 3 (in thousands) Assets (liabilities) as of April 2, 2017: Trading securities held in a “ rabbi trust” (1) $ 6,538 $ 6,538 $ $ $ 6,538 $ 6,538 $ $ Assets (liabilities) as of July 3, 2016: Trading securities held in a “ rabbi trust” (1) $ 4,852 $ 4,852 $ - $ - $ 4,852 $ 4,852 $ - $ - (1) The Company has established a Non-qualified Deferred Compensation Plan for certain members of senior management. Deferred compensation plan assets are invested in mutual funds held in a “ rabbi trust” which is restricted for payment to participants of the NQDC Plan. Trading securities held in a rabbi trust are measured using quoted market prices at the reporting date and are included in the “Other assets” line item, with the corresponding liability included in the “Other liabilities” line item in the consolidated balance sheets.

Note 11 - Income Taxes

Note 11 - Income Taxes	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 11 – Income Taxes At the end of each interim reporting period, the Company estimates its effective income tax rate expected to be applicable for the full year. This estimate is used in providing for income taxes on a year-to-date basis and may periods. The Company's effective tax rate from operations for the three nine April 2, 2017 34.7% 31.9% 37.6% 31.7% 2017 35% , including excess tax benefits on stock based compensation as a result of the Company's early adoption of ASU 2016 09 Note 1 partially offset by state income taxes. 2016 35% December 2015, October 2015, The Company files income tax returns in the U .S. federal jurisdiction, various state jurisdictions, and various foreign countries. The Company concluded its U.S. federal examination for fiscal 2014, 2015 2016 2012. 2012. The Company' s policy is to recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. At April 2, 2017 $0.4 $0.1 none twelve

Note 12 - Business Segments

Note 12 - Business Segments	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	Note 12 – Business Segments The Company ’s management reviews the results of the Company’s operations by the following three • 1 800 • BloomNet Wire Service, and • Gourmet Food and Gift Baskets Segment performance is measured based on contribution margin, which includes only the direct controllable revenue and operating expe nses of the segments. As such, management’s measure of profitability for these segments does not include the effect of corporate overhead (see (a) below), nor does it include depreciation and amortization, other (income) expense, net and income taxes, or stock-based compensation and certain acquisition/integration costs, both of which are included within corporate overhead. Assets and liabilities are reviewed at the consolidated level by management and not accounted for by segment. Net revenues: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 Segment Net Revenues: 1-800-Flowers.com Consumer Floral $ 124,684 $ 113,182 $ 297,707 $ 280,956 BloomNet Wire Service 24,091 22,517 65,557 63,740 Gourmet Food & Gift Baskets 85,611 99,096 592,295 595,006 Corporate 260 262 839 817 Intercompany eliminations (931 ) (850 ) (2,301 ) (1,890 ) Total net revenues $ 233,715 $ 234,207 $ 954,097 $ 938,629 Operating Income: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 Segment Contribution Margin: 1-800-Flowers.com Consumer Floral $ 15,863 $ 13,748 $ 37,172 $ 33,031 BloomNet Wire Service 8,245 7,747 23,713 22,017 Gourmet Food & Gift Baskets (10,776 ) (6,753 ) 84,544 88,626 Segment Contribution Margin Subtotal 13,332 14,742 145,429 143,674 Corporate (a) (21,125 ) (20,432 ) (62,616 ) (60,519 ) Depreciation and amortization 8,492 7,546 25,656 24,279 Operating income (loss) $ (16,285 ) $ (13,236 ) $ 57,157 $ 58,876 (a) Corporate expenses consist of the Company’s enterprise shared service cost centers, and include, among other items, Information Technology, Human Resources, Accounting and Finance, Legal, Executive and Customer Service Center functions, as well as Stock-Based Compensation. In order to leverage the Company’s infrastructure, these functions are operated under a centralized management platform, providing support services throughout the organization. The costs of these functions, other than those of the Customer Service Center, which are allocated directly to the above categories based upon usage, are included within corporate expenses as they are not directly allocable to a specific segment.

Note 13 - Commitments and Conti

Note 13 - Commitments and Contingencies	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	Note 13 – Commitments and Contingencies Litigation There are various claims, lawsuits, and pending actions against the Company and its subsidiaries incident to the operations of its businesses. It is the opinion of management, after consultation with counsel, that the ultimate resolution of such claims, lawsuits and pending actions will not have a material adverse effect on the Company's consolidated financial position, results of operations or liquidity.

Note 14 - Fire at the Fannie Ma

Note 14 - Fire at the Fannie May Warehouse and Distribution Facility	9 Months Ended
	Apr. 02, 2017
Notes to Financial Statements
Nonrecurring Items [Text Block]	Note 14. Fannie May On November 27, 2014, and all Fannie May May 2015 May 2015, 2016. The following table reflects the costs related to the fire and the insurance recovery and associated gain as of September 27, 2015: Fire-related Insurance Recovery (in thousands) Loss on inventory $ 29,587 Other fire related costs 5,802 Total fire related costs 35,389 Less: fire related insurance recoveries (55,000 ) Fire related gain $ (19,611 ) During the three September 27, 2015, three December 27, 2015, from its Fannie May $55.0 $29.6 $5.8 $19.6 nine March 27, 2016.

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Apr. 02, 2017
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by 1 800 Company”) in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10 10 three nine April 2, 2017 may July 2, 2017. 10 July 3, 2016. The Company ’s quarterly results may second 50% third fourth first 2016, March 27th, third 2017, April 16th, third fourth
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanyin g notes. Actual results could differ from those estimates.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers.” This amended guidance will enhance the comparability of revenue recognition practices and will be applied to all contracts with customers. Expanded disclosures related to the nature, amount, timing, and uncertainty of revenue that is recognized are requirements under the amended guidance. This guidance will be effective for the Company’s fiscal year ending June 30, 2019 may In April 2015, 2015 03, Simplifying the Presentation of Debt Issuance Costs,” which amends ASC 835 30, 2015 03 July 4, 2016 $3.6 July 3, 2016. In July 2015, 2015 11, Inventory (Topic 330).” 2015 11 July 1, 2018. 2015 11 In January 2016, 2016 01, – Overall: Recognition and Measurement of Financial Assets and Financial Liabilities." The pronouncement requires equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, requires public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes, requires separate presentation of financial assets and financial liabilities by measurement category and form of financial asset, and eliminates the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost. These changes become effective for the Company's fiscal year ending June 30, 2019. In February 201 6, 2016 02, 842).” June 28, 2020. In March 2016, 2016 09, 2016 09 2016 09 2016 09, second 2017. $0.1 $0.9 for the three nine April 2, 2017. 700,000 nine April 2, 2017, 2017, In June 2016, 2016 13, Financial Instruments-Credit Losses (Topic 326): 2016 13 2016 13 July 4, 2021, In January 2017, 2017 01, 805): 2017 01)," 2017 01 the Company's fiscal year ending June 30, 2019, and should be applied In January 2017, 2017 04, 350): 2017 04)," two 2017 04, July 4, 2021, We do not expect the standard to have a material impact on our consolidated financial statements.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain balances in the prior fiscal years have been reclassified to conform to the presentation in the current fiscal year. See “ Recent Accounting Pronouncements” above regarding the impact of our adoption of ASU No. 2015 03 2015 17.

Note 2 - Net Income Per Commo21

Note 2 - Net Income Per Common Share (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 (in thousands, except per share data, Numerator: Net income (loss) $ (11,130 ) $ (9,126 ) $ 36,028 $ 46,922 Less: Net loss attributable to noncontrolling interest - - (1,007 ) Income attributable to 1-800-FLOWERS.COM, Inc. $ (11,130 ) $ (9,126 ) $ 36,028 $ 47,929 Denominator: Weighted average shares outstanding 65,199 64,687 65,169 64,724 Effect of dilutive securities: Employee s tock options (1) - - 1,511 1,428 Employee restricted stock awards - - 1,067 901 - - 2,578 2,329 Adjusted weighted-average shares and assumed conversions 65,199 64,687 67,747 67,053 Net income per common share attributable to 1-800-FLOWERS.COM, Inc. Basic $ (0.17 ) $ (0.14 ) $ 0.55 $ 0.74 Diluted $ (0.17 ) $ (0.14 ) $ 0.53 $ 0.71

Note 3 - Stock-based Compensa22

Note 3 - Stock-based Compensation (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]	Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 (in thousands, unaudited) Stock options $ 110 $ 112 $ 337 $ 314 Restricted stock 1,176 1,538 4,447 4,517 Total 1,286 1,650 4,784 4,831 Deferred income tax benefit 387 491 1,528 1,533 Stock-based compensation expense, net $ 899 $ 1,159 $ 3,256 $ 3,298
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]	Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 (in thousands, Marketing and sales $ 342 $ 586 $ 1,384 $ 1,781 Technology and development 71 91 267 411 General and administrative 873 973 3,133 2,639 Total $ 1,286 $ 1,650 $ 4,784 $ 4,831
Share-based Compensation, Stock Options, Activity [Table Text Block]	Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (years) Aggregate Intrinsic Value (000s) Outstanding at July 3, 2016 2,182,234 $ 2.49 Granted - $ - Exercised (51,500 ) $ 5.20 Forfeited - $ - Outstanding at April 2, 2017 2,130,734 $ 2.43 $ 16,566 Options vested or expected to vest at April 2, 2017 2,130,734 $ 2.43 $ 16,566 Exercisable at April 2, 2017 1,471,734 $ 2.37 $ 11,530
Schedule of Nonvested Share Activity [Table Text Block]	Shares Weighted Average Grant Date Fair Value Non-vested at July 3, 2016 2,017,069 $ 6.78 Granted 814,406 $ 9.88 Vested (885,502 ) $ 6.83 Forfeited (473,494 ) $ 9.77 Non-vested at April 2, 2017 1,472,479 $ 7.50

Note 4 - Dispositions (Tables)

Note 4 - Dispositions (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	Fannie May - Held for sale assets and liabilities (in thousands, unaudited) Assets: Trade receivables, net 9,325 Inventories 38,724 Prepaid and other 1,024 Property, plant and equipment, net 11,087 Goodwill (Note 1) 14,900 Other intangibles, net 16,572 Other assets 190 Total assets held for sale $ 91,822 Liabilities: Accounts payable $ 1,387 Accrued expenses 1,264 Other liabilities 1,777 Total liabilities held for sale $ 4,428

Note 5 - Inventory (Tables)

Note 5 - Inventory (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Inventory, Current [Table Text Block]	April 2, 201 7 July 3, 2016 (in thousands) Finished goods $ 30,602 $ 44,264 Work-in-process 26,800 24,573 Raw materials 6,311 34,491 Total inventory $ 63,713 $ 103,328

Note 6 - Goodwill and Intangi25

Note 6 - Goodwill and Intangible Assets (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Goodwill [Table Text Block]	1-800-Flowers.com Consumer Floral BloomNet Wire Service Gourmet Food & Gift Baskets (1) Total (in thousands) Balance at July 3, 2016 $ 17,441 $ - $ 60,226 $ 77,667 Goodwill reclassified to assets held for sale (see Note 4 - - 14,900 14,900 Balance at April 2, 2017 $ 17,441 $ - $ 45,326 $ 62,767
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class [Table Text Block]	April 2 , 201 7 July 3, 2016 Amortization Period Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net (in years) (in thousands) Intangible assets with determinable lives Investment in licenses 14 - 16 $ 7,420 $ 5,911 $ 1,509 $ 7,420 $ 5,832 $ 1,588 Customer lists 3 - 10 12,184 7,920 4,264 21,144 15,960 5,184 Other 5 - 14 2,946 2,017 929 3,665 2,698 967 Total intangible assets with determinable lives 22,550 15,848 6,702 32,229 24,490 7,739 Trademarks with indefinite lives 54,739 - 54,739 71,261 - 71,261 Total identifiable intangible assets $ 77,289 $ 15,848 $ 61,441 $ 103,490 $ 24,490 $ 79,000

Note 8 - Debt (Tables)

Note 8 - Debt (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Debt [Table Text Block]	April 2, 2017 July 3, 2016 (in thousands) Revolver (1) $ - $ - Term Loan (1) 113,563 117,563 Deferred financing costs (3,794 ) (3,573 ) Total debt 109,769 113,990 Less: current debt 6,469 19,594 Long-term debt $ 103,300 $ 94,396

Note 9 - Property, Plant and 27

Note 9 - Property, Plant and Equipment (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	April 2, 2017 July 3, 2016 (in thousands) Land $ 30,789 $ 30,789 Orchards in production and land improvements 9,564 9,483 Building and building improvements 56,407 54,950 Leasehold improvements 11,378 21,584 Production equipment and furniture and fixtures 44,887 72,912 Computer and telecommunication equipment 53,609 52,737 Software 123,800 136,333 Capital projects in progress - orchards 8,615 8,513 Property, plant and equipment, gross 339,049 387,301 Accumulated depreciation and amortization (184,381 ) (215,939 ) Property, plant and equipment, net $ 154,668 $ 171,362

Note 10 - Fair Value Measurem28

Note 10 - Fair Value Measurements (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Fair Value Measurements - Assets (Liabilities) Carrying Value Level 1 Level 2 Level 3 (in thousands) Assets (liabilities) as of April 2, 2017: Trading securities held in a “ rabbi trust” (1) $ 6,538 $ 6,538 $ $ $ 6,538 $ 6,538 $ $ Assets (liabilities) as of July 3, 2016: Trading securities held in a “ rabbi trust” (1) $ 4,852 $ 4,852 $ - $ - $ 4,852 $ 4,852 $ - $ -

Note 12 - Business Segments (Ta

Note 12 - Business Segments (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Net revenues: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 Segment Net Revenues: 1-800-Flowers.com Consumer Floral $ 124,684 $ 113,182 $ 297,707 $ 280,956 BloomNet Wire Service 24,091 22,517 65,557 63,740 Gourmet Food & Gift Baskets 85,611 99,096 592,295 595,006 Corporate 260 262 839 817 Intercompany eliminations (931 ) (850 ) (2,301 ) (1,890 ) Total net revenues $ 233,715 $ 234,207 $ 954,097 $ 938,629 Operating Income: Three Months Ended Nine Months Ended April 2, 2017 March 27, 2016 April 2, 2017 March 27, 2016 Segment Contribution Margin: 1-800-Flowers.com Consumer Floral $ 15,863 $ 13,748 $ 37,172 $ 33,031 BloomNet Wire Service 8,245 7,747 23,713 22,017 Gourmet Food & Gift Baskets (10,776 ) (6,753 ) 84,544 88,626 Segment Contribution Margin Subtotal 13,332 14,742 145,429 143,674 Corporate (a) (21,125 ) (20,432 ) (62,616 ) (60,519 ) Depreciation and amortization 8,492 7,546 25,656 24,279 Operating income (loss) $ (16,285 ) $ (13,236 ) $ 57,157 $ 58,876

Note 14 - Fire at the Fannie 30

Note 14 - Fire at the Fannie May Warehouse and Distribution Facility (Tables)	9 Months Ended
	Apr. 02, 2017
Notes Tables
Business Insurance Recoveries [Table Text Block]	Fire-related Insurance Recovery (in thousands) Loss on inventory $ 29,587 Other fire related costs 5,802 Total fire related costs 35,389 Less: fire related insurance recoveries (55,000 ) Fire related gain $ (19,611 )

Note 1 - Accounting Policies (D

Note 1 - Accounting Policies (Details Textual) - USD ($)	3 Months Ended	9 Months Ended
	Apr. 02, 2017	Apr. 02, 2017
Employee Service Share-based Compensation, Excess Tax Benefit, Shares		700,000
Reclassification of Deferred Financing Costs From Other Assets to Long-term Debt [Member] | July 3, 2016 [Member]
Prior Period Reclassification Adjustment		$ 3,600,000
Accounting Standards Update 2016-09 [Member]
Employee Service Share-based Compensation, Excess Tax Benefit from Compensation Expense	$ 100,000	$ 0.90

Note 2 - Net Income Per Commo32

Note 2 - Net Income Per Common Share (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	0	100,000	100,000	100,000
Dilutive Securities, Effect on Basic Earnings Per Share	$ 0	$ 0

Note 2 - Net Income Per Commo33

Note 2 - Net Income Per Common Share - Computation of Basic and Diluted Net Income Per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended				9 Months Ended
		Apr. 02, 2017		Mar. 27, 2016		Apr. 02, 2017	Mar. 27, 2016
Net income (loss)		$ (11,130)		$ (9,126)		$ 36,028	$ 46,922
Less: Net loss attributable to noncontrolling interest							(1,007)
Income attributable to 1-800-FLOWERS.COM, Inc.		$ (11,130)		$ (9,126)		$ 36,028	$ 47,929
Weighted average shares outstanding (in shares)		65,199		64,687		65,169	64,724
Dilutive securities (in shares)			[1]		[1]	2,578	2,329
Adjusted weighted-average shares and assumed conversions (in shares)		65,199		64,687		67,747	67,053
Basic (in dollars per share)		$ (0.17)		$ (0.14)		$ 0.55	$ 0.74
Diluted (in dollars per share)		$ (0.17)		$ (0.14)		$ 0.53	$ 0.71
Employee Stock Option [Member]
Dilutive securities (in shares)	[2]					1,511	1,428
Restricted Stock [Member]
Dilutive securities (in shares)						1,067	901
[1]	As a result of the net loss from continuing operations attributable to 1-800-FLOWERS.COM, Inc. for the three months ended April 2, 2017 and March 27, 2016, there is no dilutive impact to the net loss per share calculation for the respective periods.
[2]	The effect of options to purchase 0.0 and 0.1 million shares for the three and nine months ended April 2, 2017 and 0.1 million shares for both the three and nine months ended March 27, 2016, respectively, were excluded from the calculation of net income per share on a diluted basis as their effect is anti-dilutive.

Note 3 - Stock-based Compensa34

Note 3 - Stock-based Compensation (Details Textual) $ in Millions	9 Months Ended
	Apr. 02, 2017USD ($)
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$ 1
Employee Stock Option [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 73 days
Restricted Stock [Member]
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition	2 years 73 days
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options	$ 6.9

Note 3 - Stock-based Compensa35

Note 3 - Stock-based Compensation - Stock-based Compensation Expense Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016
Allocated share-based compensation expense	$ 1,286	$ 1,650	$ 4,784	$ 4,831
Deferred income tax benefit	387	491	1,528	1,533
Allocated share-based compensation expense, net	899	1,159	3,256	3,298
Employee Stock Option [Member]
Allocated share-based compensation expense	110	112	337	314
Restricted Stock [Member]
Allocated share-based compensation expense	$ 1,176	$ 1,538	$ 4,447	$ 4,517

Note 3 - Stock-based Compensa36

Note 3 - Stock-based Compensation - Allocation of Stock-based Compensation to Operating Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016
Allocated share-based compensation expense	$ 1,286	$ 1,650	$ 4,784	$ 4,831
Selling and Marketing Expense [Member]
Allocated share-based compensation expense	342	586	1,384	1,781
Technology and development [Member]
Allocated share-based compensation expense	71	91	267	411
General and Administrative Expense [Member]
Allocated share-based compensation expense	$ 873	$ 973	$ 3,133	$ 2,639

Note 3 - Stock-based Compensa37

Note 3 - Stock-based Compensation - Stock Option Activity (Details)	9 Months Ended
	Apr. 02, 2017$ / sharesshares
Outstanding, options (in shares) | shares	2,182,234
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 2.49
Granted, options (in shares) | shares
Granted, weighted average exercise price (in dollars per share) | $ / shares
Exercised, options (in shares) | shares	(51,500)
Exercised, weighted average exercise price (in dollars per share) | $ / shares	$ 5.20
Forfeited, options (in shares) | shares
Forfeited, weighted average exercise price (in dollars per share) | $ / shares
Outstanding, options (in shares) | shares	2,130,734
Outstanding, weighted average exercise price (in dollars per share) | $ / shares	$ 2.43
Outstanding, weighted average remaining contractual term (Year)	16566 years
Options vested or expected to vest, options (in shares) | shares	2,130,734
Options vested or expected to vest, weighted average exercise price (in dollars per share) | $ / shares	$ 2.43
Options vested or expected to vest, weighted average remaining contractual term (Year)	16566 years
Exercisable, options (in shares) | shares	1,471,734
Exercisable, weighted average exercise price (in dollars per share) | $ / shares	$ 2.37
Exercisable, weighted average remaining contractual term (Year)	11530 years

Note 3 - Stock-based Compensa38

Note 3 - Stock-based Compensation - Non-vested Restricted Stock Activity (Details) - Restricted Stock [Member]	9 Months Ended
	Apr. 02, 2017$ / sharesshares
Non-vested, Shares (in shares) | shares	2,017,069
Non-vested, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 6.78
Granted, Shares (in shares) | shares	814,406
Granted, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 9.88
Vested, Shares (in shares) | shares	(885,502)
Vested, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 6.83
Forfeited, Shares (in shares) | shares	(473,494)
Forfeited, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 9.77
Non-vested, Shares (in shares) | shares	1,472,479
Non-vested, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 7.50

Note 4 - Dispositions (Details

Note 4 - Dispositions (Details Textual) - USD ($) $ in Millions	3 Months Ended
	Dec. 27, 2015	Sep. 27, 2015	Apr. 02, 2017	Mar. 15, 2017	Oct. 31, 2015
Fannie May [Member] | Gourmet Food and Gift Baskets [Member]
Disposal Group, Including Discontinued Operation, Goodwill			$ 14.9
Fannie May [Member] | Ferrero [Member]
Disposal Group, Including Discontinued Operation, Consideration				$ 115
iFlorist [Member]
Disposal Group, Including Discontinued Operation, Assets, Carrying Amount Before Impairment		$ 3.4
Disposal Group, Including Discontinued Operation, Assets		1.5
Gain (Loss) on Disposition of Business	$ (0.2)
iFlorist [Member] | Other Nonoperating Income (Expense) [Member]
Asset Impairment Charges		$ 1.9
Euroflorist [Member]
Disposal Group, Including Discontinued Operation, Consideration					$ 1.5

Note 4 - Dispositions - Held fo

Note 4 - Dispositions - Held for Sale Assets and Liabilities of Fannie May (Details) - USD ($) $ in Thousands	Apr. 02, 2017	Jul. 03, 2016
Assets:
Total assets held for sale	$ 91,822
Liabilities:
Total liabilities held for sale	4,428
Fannie May [Member]
Assets:
Trade receivables, net	9,325
Inventories	38,724
Prepaid and other	1,024
Property, plant and equipment, net	11,087
Goodwill (Note 1)	14,900
Other intangibles, net	16,572
Other assets	190
Total assets held for sale	91,822
Liabilities:
Accounts payable	1,387
Accrued expenses	1,264
Other liabilities	1,777
Total liabilities held for sale	$ 4,428

Note 5 - Inventory - Summary of

Note 5 - Inventory - Summary of Inventory (Details) - USD ($) $ in Thousands	Apr. 02, 2017	Jul. 03, 2016
Finished goods	$ 30,602	$ 44,264
Work-in-process	26,800	24,573
Raw materials	6,311	34,491
Total inventory	$ 63,713	$ 103,328

Note 6 - Goodwill and Intangi42

Note 6 - Goodwill and Intangible Assets (Details Textual) $ in Millions	Apr. 02, 2017USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Remainder of Fiscal Year	$ 0.4
Finite-Lived Intangible Assets, Amortization Expense, Year Two	1.3
Finite-Lived Intangible Assets, Amortization Expense, Year Three	0.7
Finite-Lived Intangible Assets, Amortization Expense, Year Four	0.6
Finite-Lived Intangible Assets, Amortization Expense, Year Five	0.6
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	3.1
Gourmet Food and Gift Baskets [Member]
Goodwill, Impaired, Accumulated Impairment Loss	$ 71.1

Note 6 - Goodwill and Intangi43

Note 6 - Goodwill and Intangible Assets - Goodwill by Segment (Details) $ in Thousands	9 Months Ended
	Apr. 02, 2017USD ($)
Balance	$ 77,667
Goodwill reclassified to assets held for sale (see Note 4)	14,900
Balance	62,767
Consumer Floral [Member]
Balance	17,441
Goodwill reclassified to assets held for sale (see Note 4)
Balance	17,441
BloomNet Wire Service [Member]
Balance
Goodwill reclassified to assets held for sale (see Note 4)
Balance
Gourmet Food and Gift Baskets [Member]
Balance	60,226	[1]
Balance	45,326	[1]
Gourmet Food and Gift Baskets [Member] | Fannie May [Member]
Goodwill reclassified to assets held for sale (see Note 4)	$ 14,900	[1]
[1]	The total carrying amount of goodwill for all periods in the table above is reflected net of $71.1 million of accumulated impairment charges, which were recorded in the Gourmet Food & Gift Baskets segment during fiscal 2009.

Note 6 - Goodwill and Intangi44

Note 6 - Goodwill and Intangible Assets - Other Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Apr. 02, 2017	Jul. 03, 2016
Intangible assets with determinable lives, gross	$ 22,550	$ 32,229
Accumulated amortization	15,848	24,490
Intangible assets with determinable lives, net	6,702	7,739
Trademarks with indefinite lives, gross	54,739	71,261
Total identifiable intangible assets, gross	77,289	103,490
Other intangibles, net	61,441	79,000
Licensing Agreements [Member]
Intangible assets with determinable lives, gross	7,420	7,420
Accumulated amortization	5,911	5,832
Intangible assets with determinable lives, net	$ 1,509	1,588
Licensing Agreements [Member] | Minimum [Member]
Amortization period (Year)	14 years
Licensing Agreements [Member] | Maximum [Member]
Amortization period (Year)	16 years
Customer Lists [Member]
Intangible assets with determinable lives, gross	$ 12,184	21,144
Accumulated amortization	7,920	15,960
Intangible assets with determinable lives, net	$ 4,264	5,184
Customer Lists [Member] | Minimum [Member]
Amortization period (Year)	3 years
Customer Lists [Member] | Maximum [Member]
Amortization period (Year)	10 years
Other Intangible Assets [Member]
Intangible assets with determinable lives, gross	$ 2,946	3,665
Accumulated amortization	2,017	2,698
Intangible assets with determinable lives, net	$ 929	$ 967
Other Intangible Assets [Member] | Minimum [Member]
Amortization period (Year)	5 years
Other Intangible Assets [Member] | Maximum [Member]
Amortization period (Year)	14 years

Note 7 - Investments (Details T

Note 7 - Investments (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016	Jul. 03, 2016	Sep. 27, 2015
Equity Method Investment, Other than Temporary Impairment				$ 1,728
Cost Method Investments	$ 1,700		1,700		$ 1,700
Euroflorist [Member]
Cost Method Investments	$ 1,500		$ 1,500		1,500
Flores Online [Member]
Equity Method Investment, Ownership Percentage	29.00%		29.00%
Equity Method Investments	$ 1,100		$ 1,100		$ 1,100	$ 2,900
Income (Loss) from Equity Method Investments	$ (100)	$ (100)	$ (100)	(100)
Equity Method Investments, Fair Value Disclosure						$ 1,200
Equity Method Investment, Other than Temporary Impairment				$ 1,700

Note 8 - Debt (Details Textual)

Note 8 - Debt (Details Textual) - USD ($) $ in Thousands		Sep. 30, 2014	Apr. 02, 2017	Jul. 03, 2016
Credit Facility 2014 [Member] | Revolving Credit Facility [Member]
Proceeds from Lines of Credit			$ 200,000
Line of Credit Facility, Maximum Borrowing Capacity			100,000
Term Loan [Member]
Long-term Debt	[1]		113,563	$ 117,563
Long-term Debt, Maturities, Repayments of Principal, Remainder of Fiscal Year			1,500
Long-term Debt, Maturities, Repayments of Principal in Year Two			7,200
Long-term Debt, Maturities, Repayments of Principal in Year Three			10,100
Long-term Debt, Maturities, Repayments of Principal in Year Four			12,900
Long-term Debt, Maturities, Repayments of Principal in Year Five			15,800
Long-term Debt, Maturities, Repayments of Principal after Year Five			$ 66,100
Term Loan [Member] | Credit Facility 2014 [Member]
Long-term Debt		$ 115,000
Debt Instrument, Term		2 years
Debt Instrument, Number of Installment Payment			19
Debt Instrument, Principal Payment Percentage In Year One			5.00%
Debt Instrument, Principal Payment Percentage In Year Two			7.50%
Debt Instrument, Principal Payment Percentage In Year Three			10.00%
Debt Instrument, Principal Payment Percentage In Year Four			12.50%
Debt Instrument, Principal Payment Percentage in Year Five			15.00%
Debt Instrument, Principal Payment Due Upon Maturity			$ 61,800
Line of Credit and Term Loan [Member] | Base Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			0.75%
Line of Credit and Term Loan [Member] | Base Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate			1.50%
Line of Credit and Term Loan [Member] | Federal Funds Effective Swap Rate [Member]
Debt Instrument, Base Rate, Basis Spread on Variable Rate			0.50%
Line of Credit and Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member]
Debt Instrument, Base Rate, Basis Spread on Variable Rate			1.00%
Line of Credit and Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			1.75%
Line of Credit and Term Loan [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate			2.50%
[1]	On December 23, 2016, the Company entered into an Amended and Restated Credit Agreement (the "2016 Amended Credit Agreement") with JPMorgan Chase Bank as administrative agent, and a group of lenders. The 2016 Amended Credit Agreement amends and restates the Company's existing credit agreement, dated as of September 30, 2014 (the "2014 Agreement") to, among other things, extend the maturity date of the $115.0 million outstanding term loan ("Term Loan") and the revolving credit facility (the "Revolver") by approximately two years to December 23, 2021. The Term Loan is payable in 19 quarterly installments of principal and interest beginning on April 2, 2017, with escalating principal payments, at the rate of 5% in year one, 7.5% in year two, 10% in year three, 12.5% in year four, and 15% in year five, with the remaining balance of $61.8 million due upon maturity. The Revolver, in the aggregate amount of $200 million, subject to seasonal reduction to an aggregate amount of $100 million for the period from January 1 through August 1, may be used for working capital and general corporate purposes, subject to certain restrictions.

Note 8 - Debt - Summary of Curr

Note 8 - Debt - Summary of Current and Long-term Debt (Details) - USD ($) $ in Thousands		Apr. 02, 2017	Jul. 03, 2016
Deferred financing costs		$ (3,794)	$ (3,573)
Debt instrument, carrying amount		109,769	113,990
Less: current debt		6,469	19,594
Long-term debt		103,300	94,396
Line of Credit [Member]
Revolver	[1]
Term Loan [Member]
Term Loan	[1]	$ 113,563	$ 117,563
[1]	On December 23, 2016, the Company entered into an Amended and Restated Credit Agreement (the "2016 Amended Credit Agreement") with JPMorgan Chase Bank as administrative agent, and a group of lenders. The 2016 Amended Credit Agreement amends and restates the Company's existing credit agreement, dated as of September 30, 2014 (the "2014 Agreement") to, among other things, extend the maturity date of the $115.0 million outstanding term loan ("Term Loan") and the revolving credit facility (the "Revolver") by approximately two years to December 23, 2021. The Term Loan is payable in 19 quarterly installments of principal and interest beginning on April 2, 2017, with escalating principal payments, at the rate of 5% in year one, 7.5% in year two, 10% in year three, 12.5% in year four, and 15% in year five, with the remaining balance of $61.8 million due upon maturity. The Revolver, in the aggregate amount of $200 million, subject to seasonal reduction to an aggregate amount of $100 million for the period from January 1 through August 1, may be used for working capital and general corporate purposes, subject to certain restrictions.

Note 9 - Property, Plant and 48

Note 9 - Property, Plant and Equipment - Summary of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Apr. 02, 2017	Jul. 03, 2016
Property, plant, and equipment, gross	$ 339,049	$ 387,301
Accumulated depreciation and amortization	(184,381)	(215,939)
Property, plant and equipment, net	154,668	171,362
Land [Member]
Property, plant, and equipment, gross	30,789	30,789
Orchards in Production and Land Improvements [Member]
Property, plant, and equipment, gross	9,564	9,483
Building and Building Improvements [Member]
Property, plant, and equipment, gross	56,407	54,950
Leasehold Improvements [Member]
Property, plant, and equipment, gross	11,378	21,584
Furniture and Fixtures [Member]
Property, plant, and equipment, gross	44,887	72,912
Computer and Telecommunication Equipment [Member]
Property, plant, and equipment, gross	53,609	52,737
Software and Software Development Costs [Member]
Property, plant, and equipment, gross	123,800	136,333
Capital Projects in Progress [Member]
Property, plant, and equipment, gross	$ 8,615	$ 8,513

Note 10 - Fair Value Measurem49

Note 10 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value (Details) - USD ($) $ in Thousands		Apr. 02, 2017	Jul. 03, 2016
Trading securities held in a “rabbi trust”	[1]	$ 6,538	$ 4,852
Assets (liabilities) measured at fair value		6,538	4,852
Fair Value, Inputs, Level 1 [Member]
Trading securities held in a “rabbi trust”	[1]	6,538	4,852
Assets (liabilities) measured at fair value		6,538	4,852
Fair Value, Inputs, Level 2 [Member]
Trading securities held in a “rabbi trust”	[1]
Assets (liabilities) measured at fair value
Fair Value, Inputs, Level 3 [Member]
Trading securities held in a “rabbi trust”	[1]
Assets (liabilities) measured at fair value
[1]	The Company has established a Non-qualified Deferred Compensation Plan for certain members of senior management. Deferred compensation plan assets are invested in mutual funds held in a "rabbi trust" which is restricted for payment to participants of the NQDC Plan. Trading securities held in a rabbi trust are measured using quoted market prices at the reporting date and are included in the "Other assets" line item, with the corresponding liability included in the "Other liabilities" line item in the consolidated balance sheets.

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Apr. 06, 2016
Effective Income Tax Rate Reconciliation, Percent	34.70%	37.60%	31.90%	31.70%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%	35.00%
Unrecognized Tax Benefits	$ 400		$ 400
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	100		100
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ 0		$ 0

Note 12 - Business Segments - S

Note 12 - Business Segments - Segment Performance (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Apr. 02, 2017	Mar. 27, 2016	Apr. 02, 2017	Mar. 27, 2016
Net revenues		$ 233,715	$ 234,207	$ 954,097	$ 938,629
Contribution margin		13,332	14,742	145,429	143,674
Depreciation and amortization		8,492	7,546	25,656	24,279
Operating income (loss)		(16,285)	(13,236)	57,157	58,876
Intersegment Eliminations [Member]
Net revenues		(931)	(850)	(2,301)	(1,890)
Consumer Floral [Member]
Net revenues		124,684	113,182	297,707	280,956
Contribution margin		15,863	13,748	37,172	33,031
BloomNet Wire Service [Member]
Net revenues		24,091	22,517	65,557	63,740
Contribution margin		8,245	7,747	23,713	22,017
Gourmet Food and Gift Baskets [Member]
Net revenues		85,611	99,096	592,295	595,006
Contribution margin		(10,776)	(6,753)	84,544	88,626
Corporate Segment [Member]
Net revenues		260	262	839	817
Corporate	[1]	$ (21,125)	$ (20,432)	$ (62,616)	$ (60,519)
[1]	Corporate expenses consist of the Company's enterprise shared service cost centers, and include, among other items, Information Technology, Human Resources, Accounting and Finance, Legal, Executive and Customer Service Center functions, as well as Stock-Based Compensation. In order to leverage the Company's infrastructure, these functions are operated under a centralized management platform, providing support services throughout the organization. The costs of these functions, other than those of the Customer Service Center, which are allocated directly to the above categories based upon usage, are included within corporate expenses as they are not directly allocable to a specific segment.

Note 14 - Fire at the Fannie 52

Note 14 - Fire at the Fannie May Warehouse and Distribution Facility (Details Textual) - Fire [Member] - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 27, 2015	Mar. 27, 2016
Insurance Recovery Settlement	$ 55,000
Inventory Write-down	29,587
Other Nonrecurring Expense	5,802
Gain on Business Interruption Insurance Recovery	$ 19,611
Other Nonoperating Income (Expense) [Member]
Gain on Business Interruption Insurance Recovery		$ 19,600

Note 14 - Fire at the Fannie 53

Note 14 - Fire at the Fannie May Warehouse and Distribution Facility - Costs Related to the Fire and the Insurance Recovery (Details) - Fire [Member] $ in Thousands	3 Months Ended
	Sep. 27, 2015USD ($)
Loss on inventory	$ 29,587
Other fire related costs	5,802
Total fire related costs	35,389
Less: fire related insurance recoveries	(55,000)
Fire related gain	$ (19,611)