Bowl America (BWL.A) 10-K 24 Sep 15 2015 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Jun. 28, 2015	Sep. 15, 2015	Dec. 26, 2014
Common Class A [Member]
Entity Common Stock, Shares Outstanding (in shares)		3,746,454
Common Class B [Member]
Entity Common Stock, Shares Outstanding (in shares)		1,414,517
Entity Registrant Name	BOWL AMERICA INC
Entity Central Index Key	13,573
Trading Symbol	bwla
Current Fiscal Year End Date	--06-28
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 34
Document Type	10-K
Document Period End Date	Jun. 28, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 28, 2015	Jun. 29, 2014
Common Class A [Member]
STOCKHOLDERS' EQUITY (Note 8)
Common stock	$ 374,645
Common Class B [Member]
STOCKHOLDERS' EQUITY (Note 8)
Common stock		$ 374,645
Cash and Cash Equivalents total	778,367	842,114
Short-term investments (Note 3)	133,729	1,453,326
Inventories	552,889	520,355
Prepaid expenses and other	488,212	610,416
Income taxes refundable	51,309	312,856
TOTAL CURRENT ASSETS	2,004,506	3,739,067
Property Plant and Equipment Net	20,417,454	20,887,127
Marketable investment securities (Note 3)	8,866,392	8,979,499
Cash surrender value-life insurance	707,592	677,922
Other	66,465	80,165
TOTAL OTHER ASSETS	9,640,449	9,737,586
TOTAL ASSETS	32,062,409	34,363,780
Accounts payable	709,453	681,509
Accrued expenses	1,001,754	1,091,098
Dividends payable	877,365	877,365
Other current liabilities	290,833	308,068
Current deferred income taxes (Note 7)	9,113	24,705
TOTAL CURRENT LIABILITIES	2,888,518	2,982,745
LONG-TERM DEFERRED COMPENSATION	28,897	34,088
NONCURRENT DEFERRED INCOME TAXES (Note 7)	2,170,915	2,368,216
TOTAL LIABILITIES	$ 5,088,330	$ 5,385,049
Authorized and unissued, 2,000,000 shares
Additional paid-in capital	$ 7,854,108	$ 7,849,814
Accumulated other comprehensive earnings-Unrealized gain on available-for-sale securities, net of tax	2,452,888	2,592,603
Retained earnings	16,150,986	18,020,217
TOTAL STOCKHOLDERS'EQUITY	26,974,079	28,978,731
TOTAL LIABILITIES AND STOCKHOLDERS'EQUITY	$ 32,062,409	$ 34,363,780

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 28, 2015	Jun. 29, 2014
Common Class A [Member]
Common stock, shares issued (in shares)	3,746,454	3,746,454
Common stock, shares outstanding (in shares)	3,746,454	3,746,454
Common Class B [Member]
Common stock, shares issued (in shares)	1,414,517	1,414,517
Common stock, shares outstanding (in shares)	1,414,517	1,414,517
Preferred stock, shares authorized (in shares)	2,000,000	2,000,000
Preferred stock, par value (in dollars per share)	$ 10	$ 10
Common stock, shares outstanding (in shares)	5,160,971	5,160,971
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares aurthorized (in shares)	10,000,000	10,000,000

Consolidated Statements of Earn

Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Common Class A [Member]
Earnings per share-basic & diluted
Per share, dividends paid, Class A (in dollars per share)	$ 0.68	$ 0.66
Common Class B [Member]
Earnings per share-basic & diluted
Per share, dividends paid, Class A (in dollars per share)	$ 0.68	$ 0.66
Bowling and other	$ 16,308,611	$ 16,094,493
Food, beverage and merchandise sales	6,815,930	6,685,524
Total Operating Revenue	23,124,541	22,780,017
Employee compensation and benefits	11,014,082	11,124,100
Cost of bowling and other services	5,950,351	6,109,533
Cost of food, beverage and merchandise sales	2,086,079	2,062,262
Depreciation and amortization	1,254,541	1,323,276
General and administrative	909,579	962,360
Total Operating Expense	21,214,632	21,581,531
(Loss) gain on disposal of land, buildings and equipment	(3,854)	8,820
Operating Income	1,906,055	1,207,306
Interest, dividend and other income	494,645	662,693
Earnings from continuing operations before provision for income taxes	2,400,700	1,869,999
Current	886,134	723,999
Deferred	(125,663)	(227,168)
Provision for income taxes	760,471	496,831
Earnings from continuing operations	$ 1,640,229	1,373,168
(Loss) gain from discontinued operations, net of tax		(2,774)
Net Earnings	$ 1,640,229	$ 1,370,394
Continuing operations (in dollars per share)	$ 0.32	$ 0.27
Discontinued operations (in dollars per share)	0	0
Net Earnings (in dollars per share)	$ 0.32	$ 0.27
Weighted average shares outstanding (in shares)	5,160,971	5,160,971
Dividends paid	$ 3,509,460	$ 3,406,243
Net Earnings	1,640,229	1,370,394
Other comprehensive earnings- net of tax Unrealized (loss) gain on available-for–sale securities net of tax (benefit) of ($85,995) and $4,666	(139,715)	7,578
Comprehensive earnings	$ 1,500,514	$ 1,377,972

Consolidated Statements of Ear5

Consolidated Statements of Earnings and Comprehensive Earnings (Parentheticals) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Unrealized gain on available-for-sale securities tax	$ (85,995)	$ 4,666

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class B [Member]	Additional Paid-in Capital [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]
Balance, shares (in shares) at Jun. 30, 2013	3,746,454	1,414,517
Balance at Jun. 30, 2013	$ 374,645	$ 141,452	$ 7,849,814	$ 2,584,020	$ 20,081,870
Cash dividends paid					(2,554,682)
Change in unrealized gain on available-for- sale securities (shown net of tax)				7,578
Reclassification adjustment for loss included in net income, net of tax				1,005
Net earnings for the year					1,370,394
Balance, shares (in shares) at Jun. 29, 2014	3,746,454	1,414,517
Balance at Jun. 29, 2014	$ 374,645	$ 141,452	7,849,814,094	2,592,603	18,020,217
Accrued dividends					(877,365)
Cash dividends paid					(2,632,095)
Change in unrealized gain on available-for- sale securities (shown net of tax)				(139,715)
Net earnings for the year					1,640,229
Balance, shares (in shares) at Jun. 28, 2015	3,746,454	1,414,517
Balance at Jun. 28, 2015	$ 374,645	$ 141,452	7,854,108	$ 2,452,888	16,150,986
Repayment of employee loan			$ 4,294
Accrued dividends					$ (877,365)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Cash Flows From Operating Activities
Net earnings	$ 1,640,229	$ 1,370,394
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation, Depletion and Amortization	1,254,541	1,323,276
Decrease in deferred income tax	(126,898)	(205,590)
(Loss) gain on disposition of assets-net	$ 3,854	(8,820)
Gain on sale of available-for-sale securities		(281)
Changes in assets and liabilities
Increase in inventories	$ (32,534)	(1,176)
Decrease (increase) in prepaid and other	122,204	(46,825)
Decrease (increase) in income taxes refundable	$ 261,547	(254,727)
Decrease in income taxes payable		(151,227)
Decrease in other long-term assets	$ 13,700	4,300
Increase (decrease) in accounts payable	27,944	(12,945)
(Decrease) increase in accrued expenses	(89,344)	45,453
Decrease in other current liabilities	(17,235)	(3,216)
Decrease in long-term deferred compensation	(5,191)	(5,106)
Net cash provided by operating activities	3,052,817	2,053,510
Cash Flows From Investing Activities
Expenditures for land, building and equipment	(796,622)	(260,794)
Sale of assets	7,900	38,700
Net sales (purchases) and maturities of short-term investments	1,319,597	(503,511)
Purchases of marketable securities	$ (112,603)	(493,419)
Proceeds from sale of marketable securities		5,296
Increase in cash surrender value	$ (29,670)	(29,205)
Net cash provided by (used in) investing activities	388,602	(1,242,933)
Cash Flows From Financing Activities
Payment of cash dividends	(3,509,460)	$ (3,406,243)
Repayment of stock loan	4,294
Net cash used in financing activities	(3,505,166)	$ (3,406,243)
Net Decrease in Cash and Equivalents	(63,747)	(2,595,666)
Cash and Equivalents, Beginning of period	842,114	3,437,780
Cash and Equivalents, End of period	778,367	842,114
Supplemental Disclosures of Cash Flow Information
Income taxes	$ 633,000	$ 1,044,000

Note 1 - Organization and Signi

Note 1 - Organization and Significant Accounting Policies	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES Organization Bowl America Incorporated is engaged in the operation of 18 bowling centers, with food and beverage service in each center. Ten centers are located in metropolitan Washington D.C., one center in metropolitan Baltimore, Maryland, four centers in metropolitan Richmond, Virginia, and three centers in metropolitan Jacksonville, Florida. These 18 centers contain a total of 726 lanes. The Company operates in one segment. Principles of Consolidation The consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiary corporations. All significant inter-company items have been eliminated in the consolidated financial statements. Fiscal Year The Company's fiscal year ends on the Sunday nearest to June 30. Fiscal year 2015 ended June 28, 2015, and fiscal year 2014 ended June 29, 2014. Both years consisted of 52 weeks. Subsequent Events The Company has evaluated subsequent events through the date of filing these financial statements with the Securities and Exchange Commission on September 24, 2015. In August 2015 approximately $1,000,000 of the federal agency mortgage backed securities (Vanguard GNMA fund) was redeemed to meet the August 2015 dividend payment. Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Significant estimates include the deferred compensation liability for executives and key employees including survivor benefits, depreciation expense, cash surrender value of officers' life insurance, the Federal and State income taxes (current and deferred), and market assumptions used in estimating the fair value of certain assets such as marketable securities and long-lived assets. Revenue Recognition The Company records revenue for fees charged for use of bowling lanes and other facilities at the time the services are provided. Food, beverage and merchandise sales are recorded as revenue at the time the product is given to the customer. Depreciation and Amortization Depreciation and amortization for financial statement purposes are calculated by use of the straight-line method. Amortization of leasehold improvements is calculated over the estimated useful life of the asset or term of the lease, whichever is shorter. The categories of property, plant, and equipment and the ranges of estimated useful lives on which depreciation and amortization rates are based are as follows: Bowling lanes and equipment (years) 3 - 10 Building and building improvements 10 - 39 Leasehold improvements 5 - 15 Amusement games 3 - 5 Maintenance and repairs and minor replacements are charged to expense when incurred. Major replacements and betterments are capitalized. The accounts are adjusted for the sale or other disposition of property, and the resulting gain or loss is credited or charged to income. Impairment of Long-Lived Assets The Company reviews long-lived assets whenever events or changes indicate that the carrying amount of an asset may not be recoverable. In making such evaluations, the Company compares the expected future cash flows to the carrying amount of the assets. An impairment loss, equal to the difference between the assets' fair value and carrying value, is recognized when the estimated undiscounted future cash flows are less than the carrying amount. Dividends It is the Company's policy to accrue a dividend liability at the time the dividends are declared. Advertising Expense It is the Company's policy to expense advertising expenditures as they are incurred. The Company's advertising expenses for the years ending June 28, 2015, and June 29, 2014, were $325,914 and $433,525, respectively. Inventories Inventories are stated at the lower of cost (first-in, first-out method) or market. Inventories consist of resale merchandise including food and beverage and bowling supplies. Income Taxes Deferred income tax liabilities and assets are based on the differences between the financial statement and tax bases of assets and liabilities, using tax rates currently in effect. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized. Investment Securities All of the Company's readily marketable debt and equity securities are classified as available-for-sale. Accordingly, these securities are recorded at fair value with any unrealized gains and losses excluded from earnings and reported, net of deferred taxes, within a separate component of stockholders' equity until realized. Realized gains or losses on the sale of debt and equity securities are reported in earnings and determined using the adjusted cost of the specific security sold. Earnings Per Share Earnings per share basic and diluted, have been calculated using the weighted average number of shares of Class A and Class B common stock outstanding of 5,160,971, for both fiscal years 2015 and 2014. Comprehensive Earnings A consolidated statement of comprehensive earnings reflecting the aggregation of net earnings and unrealized gain or loss on available-for-sale securities, the Company's principal components of other comprehensive earnings, has been presented for the years ended June 28, 2015 and June 29, 2014. Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company considers money market funds and certificates of deposits, with original maturities of three months or less to be cash equivalents. The Company maintains cash accounts which may exceed federally insured limits during the year, but does not believe that this results in any significant credit risk. Other Current Liabilities Other current liabilities include prize fund monies held by the Company for bowling leagues. The funds are returned to the leagues at the end of the league bowling season. At June 28, 2015 and June 29, 2014 other current liabilities included $278,560 and $291,688, respectively, in prize fund monies. Reclassifications Certain previous year amounts have been reclassified to conform with the current year presentation . Recent accounting guidance not yet adopted In May 2014, the FASB issued a new standard related to revenue recognition. Under the new standard, recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The new standard will be effective for the Company beginning July 1, 2017 and early adoption is not permitted. We are currently evaluating the impact this standard will have on the consolidated financial statements. In July 2015 the FASB issued a new standard that simplifies measurement of inventory as either the lower of cost or market with market being net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less reasonably predictable completion, disposal and transportation costs. This does not change LIFO and retail inventory method measurements. The standard is effective for fiscal years beginning after December 15, 2016, including interim period within those fiscal years. Earlier application is permitted. We are currently evaluating the impact this standard will have on the consolidated financial statements.

Note 2 - Cash and Cash Equivale

Note 2 - Cash and Cash Equivalents	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	2. CASH AND CASH EQUIVALENTS Cash and cash equivalents consisted of the following: June 28, 2015 June 29, 2014 Demand deposits and cash on hand $ 558,364 $ 634,923 Money market funds 220,003 207,191 $ 778,367 $ 842,114 The account balances at times exceed federally insured limits. The Company does not believe this poses any significant risk.

Note 3 - Investments

Note 3 - Investments	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3. INVESTMENTS The Company’s marketable securities are categorized as available-for-sale securities. The cost for marketable securities was determined using the specific identification method. The fair values of marketable securities are based on the quoted market price for those securities. Short-term investments consist of certificates of deposits with maturities of generally three months to one year. At June 28, 2015, the fair value of short-term investments was $133,729. At June 29, 2014, the fair value of short-term investments was $1,453,326. Non-current investments are marketable securities which primarily consist of telecommunications stocks and a mutual fund that invests in mortgage backed securities. Unrealized gains and losses are reported as a component of accumulated other comprehensive earnings in Stockholders’ Equity. As of June 28, 2015, the Company had $58,014 of gross unrealized gains from its investments in federal agency mortgage backed securities owned through a mutual fund which had a fair value of $3,676,005. As of June 29, 2014, $100,125 in gross unrealized gains were from its investments in federal agency mortgage backed securities which had a fair value of $3,605,513. The Company’s investments were as follows: June 28, 2015 Original Cost Unrealized Gain Unrealized Loss Fair Value Equity securities $ 1,285,759 $ 3,910,144 $ (5,516 ) $ 5,190,387 Mutual fund 3,617,991 58,014 - 3,676,005 Certificates of deposits 133,729 - - 133,729 June 29, 2014 Equity securities $ 1,285,759 $ 4,089,398 $ (1,171 ) $ 5,373,986 Mutual fund 3,505,388 100,125 - 3,605,513 Certificates of deposits 1,453,326 - - 1,453,326 During fiscal 2015 and fiscal 2014, the Company had certain equity securities with cumulative unrealized losses of $5,516 and $1,171 respectively. Management believes the unrealized losses are temporary and the Company has the ability and intent to hold these securities long enough to recover its investment. Less than 12 months 12 Months or greater Total June 28, 2015 Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Equity securities $ - $ - $ 329 $ (5,516 ) $ 329 $ (5,516 ) Less than 12months 12 Months or greater Total June 29, 2014 Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Equity $ 4,674 $ (1,171 ) $ - $ - $ 4,674 $ (1,171 ) The equity securities portfolio includes the following stocks: 82,112 shares of AT&T 4,398 shares of CenturyLink 4,508 shares of Frontier Communications 774 shares of Teradata 412 shares of DexMedia 774 shares of NCR 40,000 shares of Sprint Nextel 31,904 shares of Verizon 6,471 shares of Vodafone 679 shares of Windstream 2,520 shares of Manulife 815 shares of CSAL During the year ended June 28, 2015 Windstream spun off Communication Sales & Leasing (CSAL) and followed immediately with a 1-for-6 reverse split of Windstream shares. During the year ended June 29, 2014, the Company purchased 5,000 shares of Verizon. In addition the Company received 3,120 shares of Verizon as a result of Vodafone’s special dividend funded by its sale of Verizon Wireless. LSI was purchased by Anago in an all cash transaction resulting in a gain of $281 on the Company’s holdings of LSI. As stated in Note 1, the Company records its readily marketable debt and equity securities at fair value. These assets are valued in accordance with a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1. Observable inputs such as quoted prices in active markets for identical assets or liabilities; Level 2. Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3. Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. The fair value of these assets as of June 28, 2015 is as follows: Quoted Significant Unrealized Cumulative Price for Other Significant gains/(losses) Unrealized Identical Observable Unobservable for the gains/(losses) Assets Inputs Inputs Year Ended as of Description (Level 1) (Level 2) (Level 3) June 28, 2015 June 28, 2015 Equity securities $ 5,190,387 $ - $ - $ (183,599 ) $ 3,904,627 Mutual fund 3,676,005 - - (42,111 ) 58,014 Certificates of deposits - 133,729 - - - TOTAL $ 8,866,392 $ 133,729 - $ (225,710 ) $ 3,962,641 The fair value of these assets as of June 29, 2014 was as follows: Quoted Significant Unrealized Cumulative Price for Other Significant gains/(losses) Unrealized Identical Observable Unobservable for the gains/(losses) Assets Inputs Inputs Year Ended as of Description (Level 1) (Level 2) (Level 3) June 29, 2014 June 29, 2014 Equity securities $ 5,373,986 $ - $ - $ (70,956 ) $ 4,088,226 Mutual fund 3,605,513 - - 83,200 100,125 Certificates of deposits - 1,453,326 - - - TOTAL $ 8,979,499 $ 1,453,326 - $ 12,244 $ 4,188,351 The fair value of certificates of deposits is estimated using net present value techniques and comparing the values to certificates with similar terms.

Note 4 - Land, Buildings, and E

Note 4 - Land, Buildings, and Equipment	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	4. LAND, BUILDINGS, AND EQUIPMENT Land, buildings, and equipment, at cost, consisted of t June 28, 2015 June 29, 2014 Buildings $ 18,741,152 $ 18,504,838 Leasehold and building improvements 8,102,338 8,069,448 Bowling lanes and equipment 22,404,206 22,230,327 Land 10,526,607 10,526,607 Amusement games 739,007 750,079 Bowling lanes and equipment not yet in use 141,938 164,123 60,655,248 60,245,422 Less accumulated depreciation and amortization 40,237,794 39,358,295 $ 20,417,454 $ 20,887,127 Depreciation and amortization expense for buildings and equipment for fiscal years 2015 and 2014 was $1,254,541, and $1,323,276, respectively. The Company includes construction in progress costs in the bowling lanes and equipment not yet in use category until completion of the project. Bowling lanes and equipment not yet in use are not depreciated.

Note 5 - Commitments and Contin

Note 5 - Commitments and Contingencies	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	5. COMMITMENTS AND CONTINGENCIES Lease Commitments The Company and its subsidiaries are obligated under long-term real estate lease agreements for two bowling centers. Certain of the Company's real estate leases provide for increases in real estate taxes. In June 2014, the Company amended a lease for one location for a five year and 3 month period with an option for an additional five year period such that the lease including the five year option now expires in 2024. At June 28, 2015, the minimum fixed rental commitments related to all non-cancelable leases, were as follows: Year Ending 2016 $ 318,000 2017 318,000 2018 318,000 2019 318,000 2020 33,834 Thereafter - Total minimum lease payments $ 1,305,834 Net rent expense was as follows: For the Years Ended June 28, 2015 June 29, Minimum rent under operating leases $ 315,500 $ 288,000 Excess percentage rents - - $ 315,500 $ 288,000 Purchase Commitments The Company's purchase commitments at June 28, 2015 are for materials, supplies, services and equipment as part of the normal course of business.

Note 6 - Profit-Sharing and ESO

Note 6 - Profit-Sharing and ESOP Plan	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	6. PROFIT-SHARING AND ESOP PLAN The Company has two defined contribution plans. The first is a profit-sharing plan which, generally, covers all employees who on the last day of the fiscal year or December 29 have been employed for one year with at least one thousand hours of service. The Plan provides for Company contributions as determined by the Board of Directors. For the years ended June 28, 2015 and June 29, 2014, contributions in the amounts of $57,500 and $48,000, respectively, were charged to operating expense. Effective March 31, 1987, the Company adopted an Employee Stock Ownership Plan (ESOP) which generally covers all individuals who were employed at the end of the fiscal year and had one thousand or more hours of service during that fiscal year. The Plan provides for Company contributions as determined by the Board of Directors. The Company contributed $57,500 for fiscal year 2015 and $48,000 for fiscal year 2014. The Company has no defined benefit plan or other post retirement plan.

Note 7 - Income Taxes

Note 7 - Income Taxes	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Income Tax Disclosure [Text Block]	7. INCOME TAXES The Company is required to analyze all material positions it has taken or plans to take in all tax returns that have been filed or should have been filed with all taxing authorities for all years still subject to challenge by those taxing authorities. If the position taken is “more-likely-than-not” to be sustained by the taxing authority on its technical merits and if there is more than a 50% likelihood that the position would be sustained if challenged and considered by the highest court in the relevant jurisdiction, the tax consequences of that position should be reflected in the taxpayer’s financial statements. The Company had no material unrecognized tax benefits at June 28, 2015 nor does it expect any significant change in that status during the next twelve months. No accrued interest or penalties on uncertain tax positions have been included on the consolidated statements of earnings and comprehensive earnings or the consolidated balance sheet. Should the Company adopt tax positions for which it would be appropriate to accrue interest and penalties, such costs would be reflected in the tax expense for the period in which such costs accrued. The Company is subject to U.S. Federal income tax and to several state jurisdictions. Returns filed for tax periods ending after July 3, 2011 are still open to examination by those relevant taxing authorities. The significant components of the Company's deferred tax assets and liabilities were as follows: June 28, 2015 June 29, 2014 Deferred tax: Land, buildings, and equipment $ 696,244 $ 827,197 Unrealized gain on available-for-sale securities 1,509,633 1,596,862 Prepaid expenses and other (25,849 ) (31,138 ) Deferred tax liabilities $ 2,180,028 $ 2,392,921 Income tax expense differs from the amounts computed by applying the U.S. Federal income tax rate to income before tax for the following reasons: For the Years Ended 2015 2014 Taxes computed at statutory rate 34.0 % 34.0 % State income taxes, net of Federal income tax benefit 2.8 (4.6 ) Dividends received exclusion (2.8 ) (6.6 ) All other net (2.3 ) 3.7 31.7 % 26.5 % Income tax expense from continuing operations differs from the amounts computed by applying the U.S. Federal income tax rate to income from continuing operations before tax for the following reasons: For the Years Ended 2015 2014 Taxes computed at statutory rate 34.0 % 34.0 % State income taxes, net of Federal income tax benefit 2.8 (4.6 ) Dividends received exclusion (2.8 ) (6.6 ) All other net (2.3 ) 3.7 31.7 % 26.5 %

Note 8 - Stockholders' Equity

Note 8 - Stockholders' Equity	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	8. STOCKHOLDERS' EQUITY The Class A shares have one vote per share. The Class B shares may vote ten votes per share and are convertible to Class A shares at the option of the stockholder. At June 28, 2015, and June 29, 2014, the Company had $34,799 and $39,093 in employee loans related to the issuance of shares, respectively. These loans are secured by the shares of the Company's common stock acquired and are full recourse notes. The notes bear interest at rates of 2% to 2.5% and are payable over a term of three years from the date of the agreements which range from 2014 to 2015. These employee loans have been recorded as a reduction of additional paid-in capital.

Note 9 - Deferred Compensation

Note 9 - Deferred Compensation	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Compensation Related Costs, General [Text Block]	9. DEFERRED COMPENSATION Deferred compensation payable was a total of $35,106 at June 28, 2015, and $40,213 at June 29, 2014. The current portion of these amounts is $6,209 at June 28, 2015, and $6,125 at June 29, 2014, and is included in accrued expenses.

Note 10 - Discontinued Operatio

Note 10 - Discontinued Operations	12 Months Ended
	Jun. 28, 2015
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	10. DISCONTINUED OPERATIONS On May 30, 2013 the Company consummated the sale of Bowl America Winter Park in Orlando, Florida for $2,850,000 resulting in a gain on the sale of the land, building and equipment of $2,768,066. The location had been operating with negative cash flow. June 28, 2015 June 29, 2014 Gain on sale of Bowl America Winter Park $ - $ - Loss on Bowl America Winter Park operations - (4,268 ) Discontinued operations income (loss) before taxes - (4,268 ) Net income tax (benefit) and taxes - (1,494 ) (Loss) gain from discontinued operations, net of tax $ - $ (2,774 )

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 28, 2015
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of the Company and all of its wholly-owned subsidiary corporations. All significant inter-company items have been eliminated in the consolidated financial statements.
Fiscal Period, Policy [Policy Text Block]	Fiscal Year The Company's fiscal year ends on the Sunday nearest to June 30. Fiscal year 2015 ended June 28, 2015, and fiscal year 2014 ended June 29, 2014. Both years consisted of 52 weeks.
Subsequent Events, Policy [Policy Text Block]	Subsequent Events The Company has evaluated subsequent events through the date of filing these financial statements with the Securities and Exchange Commission on September 24, 2015. In August 2015 approximately $1,000,000 of the federal agency mortgage backed securities (Vanguard GNMA fund) was redeemed to meet the August 2015 dividend payment.
Use of Estimates, Policy [Policy Text Block]	Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results may differ from those estimates. Significant estimates include the deferred compensation liability for executives and key employees including survivor benefits, depreciation expense, cash surrender value of officers' life insurance, the Federal and State income taxes (current and deferred), and market assumptions used in estimating the fair value of certain assets such as marketable securities and long-lived assets.
Revenue Recognition, Policy [Policy Text Block]	Revenue Recognition The Company records revenue for fees charged for use of bowling lanes and other facilities at the time the services are provided. Food, beverage and merchandise sales are recorded as revenue at the time the product is given to the customer.
Depreciation, Depletion, and Amortization [Policy Text Block]	Depreciation and Amortization Depreciation and amortization for financial statement purposes are calculated by use of the straight-line method. Amortization of leasehold improvements is calculated over the estimated useful life of the asset or term of the lease, whichever is shorter. The categories of property, plant, and equipment and the ranges of estimated useful lives on which depreciation and amortization rates are based are as follows: Bowling lanes and equipment (years) 3 - 10 Building and building improvements 10 - 39 Leasehold improvements 5 - 15 Amusement games 3 - 5 Maintenance and repairs and minor replacements are charged to expense when incurred. Major replacements and betterments are capitalized. The accounts are adjusted for the sale or other disposition of property, and the resulting gain or loss is credited or charged to income.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets The Company reviews long-lived assets whenever events or changes indicate that the carrying amount of an asset may not be recoverable. In making such evaluations, the Company compares the expected future cash flows to the carrying amount of the assets. An impairment loss, equal to the difference between the assets' fair value and carrying value, is recognized when the estimated undiscounted future cash flows are less than the carrying amount.
Dividends [Policy Text Block]	Dividends It is the Company's policy to accrue a dividend liability at the time the dividends are declared.
Advertising Costs, Policy [Policy Text Block]	Advertising Expense It is the Company's policy to expense advertising expenditures as they are incurred. The Company's advertising expenses for the years ending June 28, 2015, and June 29, 2014, were $325,914 and $433,525, respectively.
Inventory, Policy [Policy Text Block]	Inventories Inventories are stated at the lower of cost (first-in, first-out method) or market. Inventories consist of resale merchandise including food and beverage and bowling supplies.
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred income tax liabilities and assets are based on the differences between the financial statement and tax bases of assets and liabilities, using tax rates currently in effect. A valuation allowance is provided when it is more likely than not that a deferred tax asset will not be realized.
Investment, Policy [Policy Text Block]	Investment Securities All of the Company's readily marketable debt and equity securities are classified as available-for-sale. Accordingly, these securities are recorded at fair value with any unrealized gains and losses excluded from earnings and reported, net of deferred taxes, within a separate component of stockholders' equity until realized. Realized gains or losses on the sale of debt and equity securities are reported in earnings and determined using the adjusted cost of the specific security sold.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Earnings per share basic and diluted, have been calculated using the weighted average number of shares of Class A and Class B common stock outstanding of 5,160,971, for both fiscal years 2015 and 2014.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Earnings A consolidated statement of comprehensive earnings reflecting the aggregation of net earnings and unrealized gain or loss on available-for-sale securities, the Company's principal components of other comprehensive earnings, has been presented for the years ended June 28, 2015 and June 29, 2014.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of the consolidated statements of cash flows, the Company considers money market funds and certificates of deposits, with original maturities of three months or less to be cash equivalents. The Company maintains cash accounts which may exceed federally insured limits during the year, but does not believe that this results in any significant credit risk.
Other Current Liabilities [Policy Text Block]	Other Current Liabilities Other current liabilities include prize fund monies held by the Company for bowling leagues. The funds are returned to the leagues at the end of the league bowling season. At June 28, 2015 and June 29, 2014 other current liabilities included $278,560 and $291,688, respectively, in prize fund monies.
Reclassification, Policy [Policy Text Block]	Reclassifications Certain previous year amounts have been reclassified to conform with the current year presentation .
New Accounting Pronouncements, Policy [Policy Text Block]	Recent accounting guidance not yet adopted In May 2014, the FASB issued a new standard related to revenue recognition. Under the new standard, recognition of revenue occurs when a customer obtains control of promised goods or services in an amount that reflects the consideration which the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The new standard will be effective for the Company beginning July 1, 2017 and early adoption is not permitted. We are currently evaluating the impact this standard will have on the consolidated financial statements. In July 2015 the FASB issued a new standard that simplifies measurement of inventory as either the lower of cost or market with market being net realizable value. Net realizable value is the estimated selling price in the ordinary course of business less reasonably predictable completion, disposal and transportation costs. This does not change LIFO and retail inventory method measurements. The standard is effective for fiscal years beginning after December 15, 2016, including interim period within those fiscal years. Earlier application is permitted. We are currently evaluating the impact this standard will have on the consolidated financial statements.

Note 1 - Organization and Sig19

Note 1 - Organization and Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Schedule of Depreciation and Amortization Rates [Table Text Block]	Bowling lanes and equipment (years) 3 - 10 Building and building improvements 10 - 39 Leasehold improvements 5 - 15 Amusement games 3 - 5

Note 2 - Cash and Cash Equiva20

Note 2 - Cash and Cash Equivalents (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Schedule of Cash and Cash Equivalents [Table Text Block]	June 28, 2015 June 29, 2014 Demand deposits and cash on hand $ 558,364 $ 634,923 Money market funds 220,003 207,191 $ 778,367 $ 842,114

Note 3 - Investments (Tables)

Note 3 - Investments (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Available-for-sale Securities [Table Text Block]	June 28, 2015 Original Cost Unrealized Gain Unrealized Loss Fair Value Equity securities $ 1,285,759 $ 3,910,144 $ (5,516 ) $ 5,190,387 Mutual fund 3,617,991 58,014 - 3,676,005 Certificates of deposits 133,729 - - 133,729 June 29, 2014 Equity securities $ 1,285,759 $ 4,089,398 $ (1,171 ) $ 5,373,986 Mutual fund 3,505,388 100,125 - 3,605,513 Certificates of deposits 1,453,326 - - 1,453,326
Schedule of Unrealized Loss on Investments [Table Text Block]	Less than 12 months 12 Months or greater Total June 28, 2015 Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Equity securities $ - $ - $ 329 $ (5,516 ) $ 329 $ (5,516 ) Less than 12months 12 Months or greater Total June 29, 2014 Fair Value Unrealized loss Fair Value Unrealized loss Fair Value Unrealized loss Equity $ 4,674 $ (1,171 ) $ - $ - $ 4,674 $ (1,171 )
Schedule Of Telecommunications Stocks Held [Table Text Block]	82,112 shares of AT&T 4,398 shares of CenturyLink 4,508 shares of Frontier Communications 774 shares of Teradata 412 shares of DexMedia 774 shares of NCR 40,000 shares of Sprint Nextel 31,904 shares of Verizon 6,471 shares of Vodafone 679 shares of Windstream 2,520 shares of Manulife 815 shares of CSAL
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Quoted Significant Unrealized Cumulative Price for Other Significant gains/(losses) Unrealized Identical Observable Unobservable for the gains/(losses) Assets Inputs Inputs Year Ended as of Description (Level 1) (Level 2) (Level 3) June 28, 2015 June 28, 2015 Equity securities $ 5,190,387 $ - $ - $ (183,599 ) $ 3,904,627 Mutual fund 3,676,005 - - (42,111 ) 58,014 Certificates of deposits - 133,729 - - - TOTAL $ 8,866,392 $ 133,729 - $ (225,710 ) $ 3,962,641 Quoted Significant Unrealized Cumulative Price for Other Significant gains/(losses) Unrealized Identical Observable Unobservable for the gains/(losses) Assets Inputs Inputs Year Ended as of Description (Level 1) (Level 2) (Level 3) June 29, 2014 June 29, 2014 Equity securities $ 5,373,986 $ - $ - $ (70,956 ) $ 4,088,226 Mutual fund 3,605,513 - - 83,200 100,125 Certificates of deposits - 1,453,326 - - - TOTAL $ 8,979,499 $ 1,453,326 - $ 12,244 $ 4,188,351

Note 4 - Land, Buildings, and22

Note 4 - Land, Buildings, and Equipment (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 28, 2015 June 29, 2014 Buildings $ 18,741,152 $ 18,504,838 Leasehold and building improvements 8,102,338 8,069,448 Bowling lanes and equipment 22,404,206 22,230,327 Land 10,526,607 10,526,607 Amusement games 739,007 750,079 Bowling lanes and equipment not yet in use 141,938 164,123 60,655,248 60,245,422 Less accumulated depreciation and amortization 40,237,794 39,358,295 $ 20,417,454 $ 20,887,127

Note 5 - Commitments and Cont23

Note 5 - Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Year Ending 2016 $ 318,000 2017 318,000 2018 318,000 2019 318,000 2020 33,834 Thereafter - Total minimum lease payments $ 1,305,834
Schedule of Rent Expense [Table Text Block]	For the Years Ended June 28, 2015 June 29, Minimum rent under operating leases $ 315,500 $ 288,000 Excess percentage rents - - $ 315,500 $ 288,000

Note 7 - Income Taxes (Tables)

Note 7 - Income Taxes (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	June 28, 2015 June 29, 2014 Deferred tax: Land, buildings, and equipment $ 696,244 $ 827,197 Unrealized gain on available-for-sale securities 1,509,633 1,596,862 Prepaid expenses and other (25,849 ) (31,138 ) Deferred tax liabilities $ 2,180,028 $ 2,392,921
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Years Ended 2015 2014 Taxes computed at statutory rate 34.0 % 34.0 % State income taxes, net of Federal income tax benefit 2.8 (4.6 ) Dividends received exclusion (2.8 ) (6.6 ) All other net (2.3 ) 3.7 31.7 % 26.5 % For the Years Ended 2015 2014 Taxes computed at statutory rate 34.0 % 34.0 % State income taxes, net of Federal income tax benefit 2.8 (4.6 ) Dividends received exclusion (2.8 ) (6.6 ) All other net (2.3 ) 3.7 31.7 % 26.5 %

Note 10 - Discontinued Operat25

Note 10 - Discontinued Operations (Tables)	12 Months Ended
	Jun. 28, 2015
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	June 28, 2015 June 29, 2014 Gain on sale of Bowl America Winter Park $ - $ - Loss on Bowl America Winter Park operations - (4,268 ) Discontinued operations income (loss) before taxes - (4,268 ) Net income tax (benefit) and taxes - (1,494 ) (Loss) gain from discontinued operations, net of tax $ - $ (2,774 )

Note 1 - Organization and Sig26

Note 1 - Organization and Significant Accounting Policies (Details Textual)	1 Months Ended	12 Months Ended
	Aug. 31, 2015USD ($)	Jun. 28, 2015USD ($)shares	Jun. 29, 2014USD ($)shares
Washington DC [Member]
Number of Stores		10
Baltimore Maryland [Member]
Number of Stores		1
Richmond, Virginia [Member]
Number of Stores		4
Jacksonville, Florida [Member]
Number of Stores		3
Vanguard GNMA Fund [Member] | Subsequent Event [Member]
Proceeds from Sale and Maturity of Marketable Securities	$ 1,000,000
Prize Fund Monies [Member]
Other Liabilities, Current		$ 278,560	$ 291,688
Number of Stores		18
Number of Lanes in Operation		726
Number of Operating Segments		1
Proceeds from Sale and Maturity of Marketable Securities			5,296
Advertising Expense		$ 325,914	$ 433,525
Common Stock, Shares, Outstanding | shares		5,160,971	5,160,971
Other Liabilities, Current		$ 290,833	$ 308,068

Note 1 - Depreciation and Amort

Note 1 - Depreciation and Amortization Rates (Details)	12 Months Ended
	Jun. 28, 2015
Bowling Lanes and Equipment [Member] | Minimum [Member]
Bowling lanes and equipment (years)	3 years
Bowling Lanes and Equipment [Member] | Maximum [Member]
Bowling lanes and equipment (years)	10 years
Building and Building Improvements [Member] | Minimum [Member]
Bowling lanes and equipment (years)	10 years
Building and Building Improvements [Member] | Maximum [Member]
Bowling lanes and equipment (years)	39 years
Leasehold Improvements [Member] | Minimum [Member]
Bowling lanes and equipment (years)	5 years
Leasehold Improvements [Member] | Maximum [Member]
Bowling lanes and equipment (years)	15 years
Amusement Games [Member] | Minimum [Member]
Bowling lanes and equipment (years)	3 years
Amusement Games [Member] | Maximum [Member]
Bowling lanes and equipment (years)	5 years

Note 2 - Cash and Cash Equiva28

Note 2 - Cash and Cash Equivalents (Details) - USD ($)	Jun. 28, 2015	Jun. 29, 2014
Demand deposits and cash on hand	$ 558,364	$ 634,923
Money market funds	220,003	207,191
Cash and Cash Equivalents total	$ 778,367	$ 842,114

Note 3 - Investments (Details T

Note 3 - Investments (Details Textual) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Windstream [Member]
Stock Issued During Period, Shares, Reverse Stock Splits	6
Verizon [Member] | Vodafone [Member]
Stock Dividends Shares Received		3,120
Verizon [Member]
Shares Purchased		5,000
LSI [Member] | Anago [Member]
Gain (Loss) on Sale of Investments		$ 281
Minimum [Member]
Short-term Investments Maturities Term	90 days
Maximum [Member]
Short-term Investments Maturities Term	1 year
Short-term Investments [Member]
Short-term Investments	$ 133,729	1,453,326
US Government Corporations and Agencies Securities [Member]
Available-for-sale Securities, Gross Unrealized Gain (Loss)	58,014	100,125
US Government Securities, at Carrying Value	3,676,005	3,605,513
Equity Securities [Member]
Unrealized Loss on Securities	5,516	1,171
Short-term Investments	133,729	1,453,326
Available-for-sale Securities, Gross Unrealized Gain (Loss)	$ (225,710)	$ 12,244

Note 3 - Investments - Summary

Note 3 - Investments - Summary of Investments (Details) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Equity Securities [Member]
Fair Value	$ 1,285,759	$ 1,285,759
Cost basis	3,910,144	4,089,398
Unrealized Gain/(loss)	(5,516)	(1,171)
Equity securities	5,190,387	5,373,986
Mutual Funds [Member]
Fair Value	3,617,991	3,505,388
Cost basis	$ 58,014	$ 100,125
Unrealized Gain/(loss)
Equity securities	$ 3,676,005	$ 3,605,513
Certificates of Deposit [Member]
Fair Value	$ 133,729	$ 1,453,326
Cost basis
Unrealized Gain/(loss)
Equity securities	$ 133,729	$ 1,453,326

Note 3 - Unrealized Losses Equi

Note 3 - Unrealized Losses Equity Securites (Details) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Less than 12 months Fair Value	$ 0	$ 4,674
Less than 12 months Unrealized loss	0	(1,171)
12 Months or greater Fair Value	329	0
12 Months or greater Unrealized loss	(5,516)	0
Total Fair Value	329	4,674
Total Unrealized loss	$ (5,516)	$ (1,171)

Note 3 - Investments - Telecomm

Note 3 - Investments - Telecommunications Stocks Held (Details)	Jun. 28, 2015shares
AT and T [Member]
Investment (in shares)	82,112
Frontier Communications [Member]
Investment (in shares)	4,398
DexMedia [Member]
Investment (in shares)	4,508
Sprint [Member]
Investment (in shares)	774
Vodafone [Member]
Investment (in shares)	412
Manulife [Member]
Investment (in shares)	774
Century Link [Member]
Investment (in shares)	40,000
Teradata [Member]
Investment (in shares)	31,904
NCR [Member]
Investment (in shares)	6,471
Verizon [Member]
Investment (in shares)	679
Windstream [Member]
Investment (in shares)	2,520
CSAL [Member]
Investment (in shares)	815

Note 3 - Investments - Fair Val

Note 3 - Investments - Fair Value Hierarchy (Details) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Fair Value Hierarchy	$ 5,190,387	$ 5,373,986
Fair Value, Inputs, Level 1 [Member] | Mutual Funds [Member]
Fair Value Hierarchy	3,676,005	3,605,513
Fair Value, Inputs, Level 1 [Member] | Certificates of Deposit [Member]
Fair Value Hierarchy	0	0
Fair Value, Inputs, Level 1 [Member]
Fair Value Hierarchy	8,866,392	8,979,499
Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]
Fair Value Hierarchy	0	0
Fair Value, Inputs, Level 2 [Member] | Mutual Funds [Member]
Fair Value Hierarchy	0	0
Fair Value, Inputs, Level 2 [Member] | Certificates of Deposit [Member]
Fair Value Hierarchy	133,729	1,453,326
Fair Value, Inputs, Level 2 [Member]
Fair Value Hierarchy	133,729	1,453,326
Fair Value, Inputs, Level 3 [Member] | Equity Securities [Member]
Fair Value Hierarchy	$ 0	$ 0
Fair Value, Inputs, Level 3 [Member] | Mutual Funds [Member]
Fair Value Hierarchy
Fair Value, Inputs, Level 3 [Member] | Certificates of Deposit [Member]
Fair Value Hierarchy
Fair Value, Inputs, Level 3 [Member]
Fair Value Hierarchy
Equity Securities [Member]
Fair Value Hierarchy	$ 5,190,387	$ 5,373,986
Available-for-sale Securities, Gross Unrealized Gain (Loss)	(183,599)	(70,956)
Cumulative Unrealized gains/ as of June 29, 2014	3,904,627	4,088,226
Mutual Funds [Member]
Fair Value Hierarchy	3,676,005	3,605,513
Available-for-sale Securities, Gross Unrealized Gain (Loss)	(42,111)	83,200
Cumulative Unrealized gains/ as of June 29, 2014	58,014	100,125
Certificates of Deposit [Member]
Fair Value Hierarchy	133,729	1,453,326
Available-for-sale Securities, Gross Unrealized Gain (Loss)	0	0
Cumulative Unrealized gains/ as of June 29, 2014	0	0
Available-for-sale Securities, Gross Unrealized Gain (Loss)	(225,710)	12,244
Cumulative Unrealized gains/ as of June 29, 2014	$ 3,962,641	$ 4,188,351

Note 4 - Land, Buildings, and34

Note 4 - Land, Buildings, and Equipment (Details Textual) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Building and Equipment [Member]
Depreciation, Depletion and Amortization	$ 1,254,541	$ 1,323,276
Depreciation, Depletion and Amortization	$ 1,254,541	$ 1,323,276

Note 4 - Land, Buildings and Eq

Note 4 - Land, Buildings and Equipment at Cost (Details) - USD ($)	Jun. 28, 2015	Jun. 29, 2014
Bowling Lanes and Equipment [Member]
Bowling lanes and equipment	$ 22,404,206	$ 22,230,327
Amusement Games [Member]
Bowling lanes and equipment	739,007	750,079
Bowling Lanes and Equipment Not Yet in Use [Member]
Bowling lanes and equipment	141,938	164,123
Buildings	18,741,152	18,504,838
Leasehold and building improvements	8,102,338	8,069,448
Land	10,526,607	10,526,607
Property Plant and Equipment Gross	60,655,248	60,245,422
Less accumulated depreciation and amortization	40,237,794	39,358,295
Property Plant and Equipment Net	$ 20,417,454	$ 20,887,127

Note 5 - Commitments and Cont36

Note 5 - Commitments and Contingencies (Details Textual)	12 Months Ended
	Jun. 29, 2014	Jun. 28, 2015
One of the Reporting Entity [Member]
Lessee Leasing Arrangements, Operating Leases, Term of Contract	5 years 109 days
Lessee Leasing Arrangements, Operating Leases, Renewal Term	5 years
Capital Leased Assets, Number of Units		2

Note 5 - Minimum Lease Commitme

Note 5 - Minimum Lease Commitments (Details)	Jun. 28, 2015USD ($)
2,016	$ 318,000
2,017	318,000
2,018	318,000
2,019	318,000
2,020	$ 33,834
Thereafter
Total minimum lease payments	$ 1,305,834

Note 5 - Net Rent Expense (Deta

Note 5 - Net Rent Expense (Details) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Minimum rent under operating leases	$ 315,500	$ 288,000
Net rent expenses	$ 315,500	$ 288,000

Note 6 - Profit-Sharing and E39

Note 6 - Profit-Sharing and ESOP Plan (Details Textual)	12 Months Ended
	Jun. 28, 2015USD ($)	Jun. 29, 2014USD ($)
Defined Contribution Plan Number of Plans	2
Defined Contribution Plan Service Requirement	1 year
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 57,500	$ 48,000
Employee Stock Ownership Plan (ESOP), Cash Contributions to ESOP	$ 57,500	$ 48,000

Note 7 - Income Taxes (Details

Note 7 - Income Taxes (Details Textual) - Jun. 28, 2015 - USD ($)	Total
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 0
Open Tax Year	2,011
Unrecognized Tax Benefits	$ 0

Note 7 - Deferred Tax Asset Com

Note 7 - Deferred Tax Asset Components (Details) - USD ($)	Jun. 28, 2015	Jun. 29, 2014
Land, buildings, and equipment	$ 696,244	$ 827,197
Unrealized gain on available-for-sale securities	1,509,633	1,596,862
Prepaid expenses and other	(25,849)	(31,138)
Deferred tax liabilities	$ 2,180,028	$ 2,392,921

Note 7 - Income Tax Reconciliat

Note 7 - Income Tax Reconciliation (Details)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Continuing Operations [Member]
Taxes computed at statutory rate	34.00%	34.00%
State income taxes, net of Federal income tax benefit	2.80%	(4.60%)
Dividends received exclusion	(2.80%)	(6.60%)
All other net	(2.30%)	3.70%
Income tax rate	31.70%	26.50%
Taxes computed at statutory rate	34.00%	34.00%
State income taxes, net of Federal income tax benefit	2.80%	(4.60%)
Dividends received exclusion	(2.80%)	(6.60%)
All other net	(2.30%)	3.70%
Income tax rate	31.70%	26.50%

Note 8 - Stockholders' Equity (

Note 8 - Stockholders' Equity (Details Textual)	12 Months Ended	24 Months Ended
	Jun. 28, 2015USD ($)	Jun. 28, 2015USD ($)	Jun. 28, 2014USD ($)
Common Class A [Member]
Common Stock Voting Rights Vote Per Share	1
Common Class B [Member]
Common Stock Voting Rights Vote Per Share	10
Minimum [Member]
Loans to Employees Stated Percentage Rate	2.00%	2.00%
Maximum [Member]
Loans to Employees Stated Percentage Rate	2.50%	2.50%
Due from Employees	$ 34,799	$ 34,799	$ 39,093
Loans to Employees Term Length		3 years

Note 9 - Deferred Compensation

Note 9 - Deferred Compensation (Details Textual) - USD ($)	Jun. 28, 2015	Jun. 29, 2014
Deferred Compensation Liability, Current and Noncurrent	$ 35,106	$ 40,213
Deferred Compensation Liability, Current	$ 6,209	$ 6,125

Note 10 - Discontinued Operat45

Note 10 - Discontinued Operations (Details Textual) - USD ($)	May. 30, 2013	Jun. 28, 2015	Jun. 29, 2014
Proceeds from Divestiture of Businesses	$ 2,850,000
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax	$ 2,768,066

Note 10 - Discontinued Operat46

Note 10 - Discontinued Operations (Details) - USD ($)	12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Gain on sale of Bowl America Winter Park
Loss on Bowl America Winter Park operations		$ (4,268)
Discontinued operations income (loss) before taxes		(4,268)
Net income tax (benefit) and taxes		(1,494)
(Loss) gain from discontinued operations, net of tax		$ (2,774)