Lancaster Colony (LANC) 10-Q 7 Nov 14 2015 Q1 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Oct. 24, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Fiscal Period Focus	'Q1	'
Entity Central Index Key	'0000057515	'
Entity Registrant Name	'LANCASTER COLONY CORP	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	27,343
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2015	'
Current Fiscal Year End Date	'--06-30	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and equivalents	$227,561	$211,539
Receivables (less allowance for doubtful accounts, September-$545; June-$432)	63,031	57,808
Inventories:	'	'
Raw materials	28,991	28,069
Finished goods	49,620	46,447
Total inventories	78,611	74,516
Deferred income taxes and other current assets	16,911	23,428
Total current assets	386,114	367,291
Property, Plant and Equipment:	'	'
Land, buildings and improvements	107,819	107,690
Machinery and equipment	244,910	238,791
Total cost	352,729	346,481
Less accumulated depreciation	182,171	177,807
Property, plant and equipment-net	170,558	168,674
Other Assets:	'	'
Goodwill	89,840	89,840
Other intangible assets-net	5,140	5,376
Other noncurrent assets	7,266	7,449
Total	658,918	638,630
Current Liabilities:	'	'
Accounts payable	41,948	37,907
Accrued liabilities	36,809	31,165
Total current liabilities	78,757	69,072
Other Noncurrent Liabilities	21,797	22,208
Deferred Income Taxes	18,233	18,753
Commitments and Contingencies	'	'
Shareholders' Equity:	'	'
Preferred stock-authorized 3,050,000 shares; outstanding-none	'	'
Common stock-authorized 75,000,000 shares; outstanding – September-27,342,907 shares; June-27,339,421 shares	105,529	104,789
Retained earnings	1,177,942	1,167,211
Accumulated other comprehensive loss	-7,998	-8,061
Common stock in treasury, at cost	-735,342	-735,342
Total shareholders' equity	540,131	528,597
Total	$658,918	$638,630

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts	$545	$432
Preferred stock, shares authorized	3,050,000	3,050,000
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares outstanding	27,342,907	27,339,421

Condensed_Consolidated_Stateme

Condensed Consolidated Statements Of Income (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'
Net Sales	$259,987	$248,137
Cost of Sales	202,563	190,966
Gross Margin	57,424	57,171
Selling, General and Administrative Expenses	22,820	20,740
Operating Income	34,604	36,431
Interest Income and Other-Net	8	-38
Income From Continuing Operations Before Income Taxes	34,612	36,393
Taxes Based on Income	11,851	12,341
Income From Continuing Operations	22,761	24,052
Income From Discontinued Operations, Net of Tax	0	749
Net Income	$22,761	$24,801
Income Per Common Share From Continuing Operations:	'	'
Basic and diluted (in dollars per share)	$0.83	$0.88
Income Per Common Share From Discontinued Operations:	'	'
Basic and diluted (in dollars per share)	$0	$0.03
Net Income Per Common Share:	'	'
Basic and diluted (in dollars per share)	$0.83	$0.91
Cash Dividends Per Common Share (in dollars per share)	$0.44	$0.40
Weighted Average Common Shares Outstanding:	'	'
Basic (in shares)	27,286	27,268
Diluted (in shares)	27,316	27,312

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements Of Comprehensive Income (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'
Net Income	$22,761	$24,801
Defined Benefit Pension and Postretirement Benefit Plans:	'	'
Amortization of loss, before tax	100	108
Amortization of prior service asset, before tax	-1	-1
Total Other Comprehensive Income, Before Tax	99	107
Tax Attributes of Items in Other Comprehensive Income:	'	'
Amortization of loss, tax	-36	-40
Amortization of prior service asset, tax	0	0
Total Tax Expense	-36	-40
Other Comprehensive Income, Net of Tax	63	67
Comprehensive Income	$22,824	$24,868

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements Of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Cash Flows From Operating Activities:	'	'
Net income	$22,761	$24,801
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	4,766	5,273
Deferred income taxes and other noncash changes	-1,218	-932
Stock-based compensation expense	811	647
Excess tax benefit from stock-based compensation	-167	-8
Gain on sale of property	0	-6
Pension plan activity	-148	-61
Changes in operating assets and liabilities:	'	'
Receivables	-5,336	-12,626
Inventories	-4,095	-3,896
Other current assets	7,317	6,563
Accounts payable and accrued liabilities	11,227	6,776
Net cash provided by operating activities	35,918	26,531
Cash Flows From Investing Activities:	'	'
Payments on property additions	-7,940	-2,120
Proceeds from sale of property	0	6
Other-net	-93	-528
Net cash used in investing activities	-8,033	-2,642
Cash Flows From Financing Activities:	'	'
Purchase of treasury stock	0	-2,957
Payment of dividends	-12,030	-10,927
Excess tax benefit from stock-based compensation	167	8
Decrease in cash overdraft balance	0	-324
Net cash used in financing activities	-11,863	-14,200
Net change in cash and equivalents	16,022	9,689
Cash and equivalents at beginning of year	211,539	123,385
Cash and equivalents at end of period	227,561	133,074
Supplemental Disclosure of Operating Cash Flows:	'	'
Cash paid during the period for income taxes	$478	$643

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Summary Of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and SEC Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In our opinion, the interim condensed consolidated financial statements reflect all adjustments necessary for a fair presentation of the results of operations and financial position for such periods. All such adjustments reflected in the interim condensed consolidated financial statements are considered to be of a normal recurring nature. The results of operations for any interim period are not necessarily indicative of results for the full year. Accordingly, these financial statements should be read in conjunction with the financial statements and notes thereto contained in our 2014 Annual Report on Form 10-K. Prior-year results reflect the classification of the sold candle manufacturing and marketing operations as discontinued operations. Unless otherwise noted, the term “year” and references to a particular year pertain to our fiscal year, which begins on July 1 and ends on June 30; for example, 2015 refers to fiscal 2015, which is the period from July 1, 2014 to June 30, 2015.
	Property, Plant and Equipment
	Property, plant and equipment are stated at cost less accumulated depreciation. Purchases of property, plant and equipment included in accounts payable and excluded from the property additions and the change in accounts payable in the Condensed Consolidated Statements of Cash Flows were as follows:
		September 30,
		2014			2013
	Construction in progress in accounts payable	$	1,081		$	266
	Earnings Per Share
	Earnings per share (“EPS”) is computed based on the weighted average number of shares of common stock and common stock equivalents (restricted stock and stock-settled stock appreciation rights) outstanding during each period. Unvested shares of restricted stock granted to employees are considered participating securities since employees receive nonforfeitable dividends prior to vesting and, therefore, are included in the earnings allocation in computing EPS under the two-class method. Basic EPS excludes dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing income available to common shareholders by the diluted weighted average number of common shares outstanding during the period, which includes the dilutive potential common shares associated with nonparticipating restricted stock and stock-settled stock appreciation rights.
	Basic and diluted income per common share from continuing operations were calculated as follows:
		Three Months Ended
		September 30,
		2014			2013
	Income from continuing operations	$	22,761		$	24,052
	Income from continuing operations available to participating securities	(39		)	(32		)
	Income from continuing operations available to common shareholders	$	22,722		$	24,020
	Weighted average common shares outstanding – basic	27,286			27,268
	Incremental share effect from:
	Nonparticipating restricted stock	5			5
	Stock-settled stock appreciation rights	25			39
	Weighted average common shares outstanding – diluted	27,316			27,312
	Income per common share from continuing operations – basic and diluted	$	0.83		$	0.88
	Reclassifications Out of Accumulated Other Comprehensive Loss
	The following table presents the amounts reclassified out of accumulated other comprehensive loss by component:
		Three Months Ended
		September 30,
		2014			2013
	Accumulated other comprehensive loss at beginning of period	$	(8,061	)	$	(8,391	)
	Defined Benefit Pension Plan Items:
	Amortization of unrecognized net loss (1)	107			115
	Postretirement Benefit Plan Items:
	Amortization of unrecognized net gain (1)	(7		)	(7		)
	Amortization of prior service asset (1)	(1		)	(1		)
	Total other comprehensive income, before tax	99			107
	Total tax expense	(36		)	(40		)
	Other comprehensive income, net of tax	63			67
	Accumulated other comprehensive loss at end of period	$	(7,998	)	$	(8,324	)
	(1) Included in the computation of net periodic benefit income/cost. See Notes 6 and 7 for additional information.
	Significant Accounting Policies
	There were no changes to our Significant Accounting Policies from those disclosed in our 2014 Annual Report on Form 10-K.
	Recently Issued Accounting Standards
	In May 2014, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers” (“ASU 14-09”) which creates a comprehensive set of guidelines for the recognition of revenue under the principle: “Recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.” The requirements of ASU 14-09 are effective for fiscal years, and interim periods within those years, beginning after December 15, 2016 and will require either retrospective application to each prior period presented or retrospective application with the cumulative effect of initially applying the standard recognized at the date of adoption. We are currently evaluating the impact this ASU will have on our financial position and results of operations.

Goodwill_And_Other_Intangible_

Goodwill And Other Intangible Assets	3 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill And Other Intangible Assets	'
	Goodwill and Other Intangible Assets
	Goodwill attributable to the Specialty Foods segment was approximately $89.8 million at September 30, 2014 and June 30, 2014.
	The following table summarizes our identifiable other intangible assets, all included in the Specialty Foods segment:
		September 30,			June 30,
		2014			2014
	Trademarks (40-year life)
	Gross carrying value	$	370		$	370
	Accumulated amortization	(216		)	(214		)
	Net carrying value	$	154		$	156
	Customer Relationships (12 to 15-year life)
	Gross carrying value	$	13,020		$	13,020
	Accumulated amortization	(8,034		)	(7,800		)
	Net carrying value	$	4,986		$	5,220
	Total net carrying value	$	5,140		$	5,376
	Amortization expense for our other intangible assets was as follows:
		Three Months Ended
		September 30,
		2014			2013
	Amortization expense	$	236		$	236
	Total annual amortization expense for each of the next five years is estimated to be as follows:
	2016	$	775
	2017	$	604
	2018	$	604
	2019	$	604
	2020	$	604

LongTerm_Debt

Long-Term Debt	3 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Long-Term Debt	'
	Long-Term Debt
	At September 30, 2014 and June 30, 2014, we had an unsecured credit facility ("Facility") under which we may borrow, on a revolving credit basis, up to a maximum of $120 million at any one time, with potential to expand the total credit availability to $200 million based on obtaining consent of the issuing banks and certain other conditions. The Facility expires on April 18, 2017, and all outstanding amounts are then due and payable. Interest is variable based upon formulas tied to LIBOR or an alternative base rate defined in the credit agreement, at our option. We must also pay facility fees that are tied to our then-applicable consolidated leverage ratio. Loans may be used for general corporate purposes. Based on the long-term nature of this Facility, when we have outstanding borrowings under this Facility, they will be classified as long-term debt.
	At September 30, 2014 and June 30, 2014, we had no borrowings outstanding under this Facility. At September 30, 2014, we had approximately $4.2 million of standby letters of credit outstanding, which reduced the amount available for borrowing on the Facility. We paid no interest for the three months ended September 30, 2014 and 2013. At September 30, 2014 and June 30, 2014, we exceeded the requirements of the financial covenants by substantial margins. At September 30, 2014, we were not aware of any event that would constitute a default under the Facility.
	The Facility contains certain restrictive covenants, including limitations on indebtedness, asset sales and acquisitions. There are two principal financial covenants: an interest expense test that requires us to maintain an interest coverage ratio not less than 2.5 to 1 at the end of each fiscal quarter; and an indebtedness test that requires us to maintain a consolidated leverage ratio not greater than 3 to 1 at all times. The interest coverage ratio is calculated by dividing Consolidated EBIT (as defined more specifically in the credit agreement) by Consolidated Interest Expense (as defined more specifically in the credit agreement), and the leverage ratio is calculated by dividing Consolidated Debt (as defined more specifically in the credit agreement) by Consolidated EBITDA (as defined more specifically in the credit agreement).

Income_Taxes

Income Taxes	3 Months Ended
	Sep. 30, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	Accrued Federal income taxes of approximately $2.9 million were included in accrued liabilities at September 30, 2014. Prepaid Federal, state and local income taxes of approximately $9.7 million were included in deferred income taxes and other current assets at June 30, 2014. The prepaid balance at June 30, 2014 was due to the impact of the loss on the sale of our candle manufacturing and marketing operations.
	The gross tax contingency reserve at September 30, 2014 was approximately $1.0 million and consisted of tax liabilities of approximately $0.6 million and penalties and interest of approximately $0.4 million. We have not classified any of the gross tax contingency reserve as current liabilities as none of these amounts are expected to be resolved within the next 12 months. The entire liability of approximately $1.0 million was included in other noncurrent liabilities. We expect that the amount of these liabilities will change within the next 12 months; however, we do not expect the change to have a significant effect on our financial position or results of operations. We recognize interest and penalties related to these tax liabilities in income tax expense.

StockBased_Compensation

Stock-Based Compensation	3 Months Ended
	Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation	'
	Stock-Based Compensation
	Our shareholders approved the adoption of and subsequent amendments to the Lancaster Colony Corporation 2005 Stock Plan (the “2005 Plan”). The 2005 Plan reserved 2,000,000 common shares for issuance to our employees and directors, and all awards granted under the 2005 Plan will be exercisable at prices not less than fair market value as of the date of the grant. The vesting period for awards granted under the 2005 Plan varies as to the type of award granted, but generally these awards have a maximum term of five years.
	Stock-Settled Stock Appreciation Rights
	We use periodic grants of stock-settled stock appreciation rights (“SSSARs”) as a vehicle for rewarding certain employees with long-term incentives for their efforts in helping to create long-term shareholder value. We calculate the fair value of SSSARs grants using the Black-Scholes option-pricing model. Our policy is to issue shares upon SSSARs exercise from new shares that had been previously authorized.
	There were no SSSARs grants in the three months ended September 30, 2014. In August 2013, we granted SSSARs under the terms of the 2005 Plan. The following table summarizes information relating to this grant:
		Three Months Ended
		September 30, 2013
	SSSARs granted	2
	Weighted average grant date fair value per right	$	10.14
	Weighted average assumptions used in fair value calculations:
	Risk-free interest rate	0.61		%
	Dividend yield	2.01		%
	Volatility factor of the expected market price of our common stock	23		%
	Weighted average expected life in years	2.68
	For this grant, the volatility factor was estimated based on actual historical volatility of our stock for a time period equal to the term of the SSSARs. The expected average life was determined based on historical exercise experience for this type of grant. The SSSARs we grant vest one-third on the first anniversary of the grant date, one-third on the second anniversary of the grant date and one-third on the third anniversary of the grant date. As needed, we estimate a forfeiture rate for our SSSARs grants based on historical experience.
	We recognize compensation expense over the requisite service period. Compensation expense was reflected in Cost of Sales or Selling, General and Administrative Expenses based on the grantees’ salaries expense classification. We recorded tax benefits and excess tax benefits related to SSSARs. These excess tax benefits were included in the financing section of the Condensed Consolidated Statements of Cash Flows. The following table summarizes our continuing operations SSSARs compensation expense and tax benefits recorded:
		Three Months Ended
		September 30,
		2014				2013
	Compensation expense	$	354			$	297
	Tax benefits	$	124			$	104
	Intrinsic value of exercises	$	478			$	18
	Excess tax benefits	$	167			$	6
	The total fair values of SSSARs vested were as follows:
		Three Months Ended
		September 30,
		2014				2013
	Fair value of vested rights	$	7			$	—
	The following table summarizes the activity relating to SSSARs granted under the 2005 Plan for the three months ended September 30, 2014:
		Number			Weighted			Weighted	Aggregate
		of Rights			Average			Average	Intrinsic
					Exercise Price			Remaining	Value
								Contractual
								Life in
								Years
	Outstanding at beginning of year	358			$	76.75
	Exercised	(33	)		$	64
	Granted	—			$	—
	Forfeited	(31	)		$	79.57
	Outstanding at end of period	294			$	77.89		3.42	$	2,691
	Exercisable and vested at end of period	52			$	65.23		1.95	$	1,040
	Vested and expected to vest at end of period	288			$	77.86		3.42	$	2,637
	At September 30, 2014, there was approximately $1.3 million of unrecognized compensation expense related to SSSARs that we will recognize over a weighted-average period of approximately 2 years.
	Restricted Stock
	We use periodic grants of restricted stock as a vehicle for rewarding our nonemployee directors and certain employees with long-term incentives for their efforts in helping to create long-term shareholder value.
	There were no grants of restricted stock during the three months ended September 30, 2014. In August 2013, we granted 200 shares of restricted stock under the terms of the 2005 Plan. The grant date fair value was approximately $16,000 and the grant date fair value per award was $79.78. The restricted stock under this employee grant vests on the third anniversary of the grant date. As needed, we estimate a forfeiture rate for our restricted stock grants based on historical experience. Under the terms of our grants, employees receive dividends on unforfeited restricted stock regardless of their vesting status. No restricted stock vested during the three months ended September 30, 2014 and 2013.
	We recognize compensation expense over the requisite service period. Compensation expense was reflected in Cost of Sales or Selling, General and Administrative Expenses based on the grantees’ salaries expense classification. We recorded tax benefits and excess tax benefits related to restricted stock. These excess tax benefits were included in the financing section of the Condensed Consolidated Statements of Cash Flows. The following table summarizes our continuing operations restricted stock compensation expense and tax benefits recorded:
		Three Months Ended
		September 30,
		2014				2013
	Compensation expense	$	457			$	330
	Tax benefits	$	160			$	115
	Excess tax benefits	$	—			$	2
	The following table summarizes the activity relating to restricted stock granted under the 2005 Plan for the three months ended September 30, 2014:
		Number of			Weighted Average
		Shares			Grant Date Fair
					Value
	Unvested restricted stock at beginning of year	58			$	79.09
	Granted	—			$	—
	Vested	—			$	—
	Forfeited	(3	)		$	79.32
	Unvested restricted stock at end of period	55			$	79.07
	At September 30, 2014, there was approximately $2.1 million of unrecognized compensation expense related to restricted stock that we will recognize over a weighted-average period of approximately 2 years.

Pension_Benefits

Pension Benefits (Pension Benefits [Member])	3 Months Ended
	Sep. 30, 2014
Pension Benefits [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Pension Benefits	'
	Pension Benefits
	We sponsor multiple defined benefit pension plans that covered certain union workers. However, as a result of prior-years' restructuring activities, for all periods presented, we no longer have any active employees continuing to accrue service cost or otherwise eligible to receive plan benefits. Benefits being paid under the plans are primarily based on negotiated rates and years of service. We contribute to these plans at least the minimum amount required by regulation.
	The following table summarizes the components of net periodic benefit income for our pension plans:
		Three Months Ended
		September 30,
		2014			2013
	Components of net periodic benefit income
	Interest cost	$	403		$	438
	Expected return on plan assets	(658		)	(614		)
	Amortization of unrecognized net loss	107			115
	Net periodic benefit income	$	(148	)	$	(61	)
	For the three months ended September 30, 2014, we made no pension plan contributions and we do not expect to make any contributions to our pension plans during 2015.

Postretirement_Benefits

Postretirement Benefits (Postretirement Benefits [Member])	3 Months Ended
	Sep. 30, 2014
Postretirement Benefits [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Postretirement Benefits	'
	Postretirement Benefits
	We and certain of our operating subsidiaries provide multiple postretirement medical and life insurance benefit plans. We recognize the cost of benefits as the employees render service. Postretirement benefits are funded as incurred.
	The following table summarizes the components of net periodic benefit cost for our postretirement plans:
		Three Months Ended
		September 30,
		2014			2013
	Components of net periodic benefit cost
	Service cost	$	8		$	8
	Interest cost	27			32
	Amortization of unrecognized net gain	(7		)	(7		)
	Amortization of prior service asset	(1		)	(1		)
	Net periodic benefit cost	$	27		$	32
	For the three months ended September 30, 2014, we made approximately $27,000 in contributions to our postretirement medical and life insurance benefit plans. We expect to make approximately $0.1 million more in contributions to our postretirement medical and life insurance benefit plans during the remainder of 2015.

Commitments_And_Contingencies

Commitments And Contingencies	3 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments And Contingencies	'
	Commitments and Contingencies
	At September 30, 2014, we were a party to various claims and litigation matters arising in the ordinary course of business. Such matters did not have a material effect on the current-year results of operations and, in our opinion, their ultimate disposition will not have a material effect on our consolidated financial statements.

Business_Segment_Information

Business Segment Information	3 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Business Segment Information	'
	Business Segment Information
	The following summary of financial information by business segment is consistent with the basis of segmentation and measurement of segment profit or loss presented in our June 30, 2014 consolidated financial statements. The September 30, 2014 identifiable assets by reportable segment are generally consistent with that of June 30, 2014.
		Three Months Ended
		September 30,
		2014			2013
	Net Sales - Specialty Foods	$	259,987		$	248,137
	Operating Income
	Specialty Foods	$	37,499		$	39,543
	Corporate Expenses	(2,895		)	(3,112		)
	Total	$	34,604		$	36,431

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policy)	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis Of Presentation	'
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and SEC Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In our opinion, the interim condensed consolidated financial statements reflect all adjustments necessary for a fair presentation of the results of operations and financial position for such periods. All such adjustments reflected in the interim condensed consolidated financial statements are considered to be of a normal recurring nature. The results of operations for any interim period are not necessarily indicative of results for the full year. Accordingly, these financial statements should be read in conjunction with the financial statements and notes thereto contained in our 2014 Annual Report on Form 10-K. Prior-year results reflect the classification of the sold candle manufacturing and marketing operations as discontinued operations. Unless otherwise noted, the term “year” and references to a particular year pertain to our fiscal year, which begins on July 1 and ends on June 30; for example, 2015 refers to fiscal 2015, which is the period from July 1, 2014 to June 30, 2015.
Property, Plant And Equipment	'
	Property, Plant and Equipment
	Property, plant and equipment are stated at cost less accumulated depreciation.
Earnings Per Share	'
	Earnings Per Share
	Earnings per share (“EPS”) is computed based on the weighted average number of shares of common stock and common stock equivalents (restricted stock and stock-settled stock appreciation rights) outstanding during each period. Unvested shares of restricted stock granted to employees are considered participating securities since employees receive nonforfeitable dividends prior to vesting and, therefore, are included in the earnings allocation in computing EPS under the two-class method. Basic EPS excludes dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed by dividing income available to common shareholders by the diluted weighted average number of common shares outstanding during the period, which includes the dilutive potential common shares associated with nonparticipating restricted stock and stock-settled stock appreciation rights.

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies (Tables)	3 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Schedule Of Construction In Progress In Accounts Payable	'
	Purchases of property, plant and equipment included in accounts payable and excluded from the property additions and the change in accounts payable in the Condensed Consolidated Statements of Cash Flows were as follows:
		September 30,
		2014			2013
	Construction in progress in accounts payable	$	1,081		$	266
Schedule Of Basic And Diluted Income Per Common Share From Continuing Operations Calculations	'
	Basic and diluted income per common share from continuing operations were calculated as follows:
		Three Months Ended
		September 30,
		2014			2013
	Income from continuing operations	$	22,761		$	24,052
	Income from continuing operations available to participating securities	(39		)	(32		)
	Income from continuing operations available to common shareholders	$	22,722		$	24,020
	Weighted average common shares outstanding – basic	27,286			27,268
	Incremental share effect from:
	Nonparticipating restricted stock	5			5
	Stock-settled stock appreciation rights	25			39
	Weighted average common shares outstanding – diluted	27,316			27,312
	Income per common share from continuing operations – basic and diluted	$	0.83		$	0.88
Schedule Of Amounts Reclassified Out Of Accumulated Other Comprehensive Loss	'
	The following table presents the amounts reclassified out of accumulated other comprehensive loss by component:
		Three Months Ended
		September 30,
		2014			2013
	Accumulated other comprehensive loss at beginning of period	$	(8,061	)	$	(8,391	)
	Defined Benefit Pension Plan Items:
	Amortization of unrecognized net loss (1)	107			115
	Postretirement Benefit Plan Items:
	Amortization of unrecognized net gain (1)	(7		)	(7		)
	Amortization of prior service asset (1)	(1		)	(1		)
	Total other comprehensive income, before tax	99			107
	Total tax expense	(36		)	(40		)
	Other comprehensive income, net of tax	63			67
	Accumulated other comprehensive loss at end of period	$	(7,998	)	$	(8,324	)
	(1) Included in the computation of net periodic benefit income/cost. See Notes 6 and 7 for additional information.

Goodwill_And_Other_Intangible_1

Goodwill And Other Intangible Assets (Tables)	3 Months Ended
	Sep. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Summary Of Other Intangible Assets	'
	The following table summarizes our identifiable other intangible assets, all included in the Specialty Foods segment:
		September 30,			June 30,
		2014			2014
	Trademarks (40-year life)
	Gross carrying value	$	370		$	370
	Accumulated amortization	(216		)	(214		)
	Net carrying value	$	154		$	156
	Customer Relationships (12 to 15-year life)
	Gross carrying value	$	13,020		$	13,020
	Accumulated amortization	(8,034		)	(7,800		)
	Net carrying value	$	4,986		$	5,220
	Total net carrying value	$	5,140		$	5,376
Schedule Of Amortization Expense	'
	Amortization expense for our other intangible assets was as follows:
		Three Months Ended
		September 30,
		2014			2013
	Amortization expense	$	236		$	236
Estimated Annual Amortization Expense	'
	Total annual amortization expense for each of the next five years is estimated to be as follows:
	2016	$	775
	2017	$	604
	2018	$	604
	2019	$	604
	2020	$	604

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	3 Months Ended
	Sep. 30, 2014
Stock Settled Stock Appreciation Rights SARS [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Stock-Settled Stock Appreciation Rights Grant Details	'
	In August 2013, we granted SSSARs under the terms of the 2005 Plan. The following table summarizes information relating to this grant:
		Three Months Ended
		September 30, 2013
	SSSARs granted	2
	Weighted average grant date fair value per right	$	10.14
	Weighted average assumptions used in fair value calculations:
	Risk-free interest rate	0.61		%
	Dividend yield	2.01		%
	Volatility factor of the expected market price of our common stock	23		%
	Weighted average expected life in years	2.68
Compensation Expense And Tax Benefits Recorded	'
	The following table summarizes our continuing operations SSSARs compensation expense and tax benefits recorded:
		Three Months Ended
		September 30,
		2014				2013
	Compensation expense	$	354			$	297
	Tax benefits	$	124			$	104
	Intrinsic value of exercises	$	478			$	18
	Excess tax benefits	$	167			$	6
Fair Value Of Awards Vested	'
	The total fair values of SSSARs vested were as follows:
		Three Months Ended
		September 30,
		2014				2013
	Fair value of vested rights	$	7			$	—
Stock-Settled Stock Appreciation Rights Activity	'
	The following table summarizes the activity relating to SSSARs granted under the 2005 Plan for the three months ended September 30, 2014:
		Number			Weighted			Weighted	Aggregate
		of Rights			Average			Average	Intrinsic
					Exercise Price			Remaining	Value
								Contractual
								Life in
								Years
	Outstanding at beginning of year	358			$	76.75
	Exercised	(33	)		$	64
	Granted	—			$	—
	Forfeited	(31	)		$	79.57
	Outstanding at end of period	294			$	77.89		3.42	$	2,691
	Exercisable and vested at end of period	52			$	65.23		1.95	$	1,040
	Vested and expected to vest at end of period	288			$	77.86		3.42	$	2,637
Restricted Stock [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'
Compensation Expense And Tax Benefits Recorded	'
	The following table summarizes our continuing operations restricted stock compensation expense and tax benefits recorded:
		Three Months Ended
		September 30,
		2014				2013
	Compensation expense	$	457			$	330
	Tax benefits	$	160			$	115
	Excess tax benefits	$	—			$	2
Restricted Stock Activity	'
	The following table summarizes the activity relating to restricted stock granted under the 2005 Plan for the three months ended September 30, 2014:
		Number of			Weighted Average
		Shares			Grant Date Fair
					Value
	Unvested restricted stock at beginning of year	58			$	79.09
	Granted	—			$	—
	Vested	—			$	—
	Forfeited	(3	)		$	79.32
	Unvested restricted stock at end of period	55			$	79.07

Pension_Benefits_Tables

Pension Benefits (Tables) (Pension Benefits [Member])	3 Months Ended
	Sep. 30, 2014
Pension Benefits [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Components Of Net Periodic Benefit Income	'
	The following table summarizes the components of net periodic benefit income for our pension plans:
		Three Months Ended
		September 30,
		2014			2013
	Components of net periodic benefit income
	Interest cost	$	403		$	438
	Expected return on plan assets	(658		)	(614		)
	Amortization of unrecognized net loss	107			115
	Net periodic benefit income	$	(148	)	$	(61	)

Postretirement_Benefits_Tables

Postretirement Benefits (Tables) (Postretirement Benefits [Member])	3 Months Ended
	Sep. 30, 2014
Postretirement Benefits [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Components Of Net Periodic Benefit Cost	'
	The following table summarizes the components of net periodic benefit cost for our postretirement plans:
		Three Months Ended
		September 30,
		2014			2013
	Components of net periodic benefit cost
	Service cost	$	8		$	8
	Interest cost	27			32
	Amortization of unrecognized net gain	(7		)	(7		)
	Amortization of prior service asset	(1		)	(1		)
	Net periodic benefit cost	$	27		$	32

Business_Segment_Information_T

Business Segment Information (Tables)	3 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Summary Of Financial Information Attributable To Reportable Segments	'
		Three Months Ended
		September 30,
		2014			2013
	Net Sales - Specialty Foods	$	259,987		$	248,137
	Operating Income
	Specialty Foods	$	37,499		$	39,543
	Corporate Expenses	(2,895		)	(3,112		)
	Total	$	34,604		$	36,431

Summary_Of_Significant_Account3

Summary Of Significant Accounting Policies (Schedule Of Construction In Progress In Accounts Payable) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Accounting Policies [Abstract]	'	'
Construction in progress in accounts payable	$1,081	$266

Summary_Of_Significant_Account4

Summary Of Significant Accounting Policies (Schedule Of Basic And Diluted Income Per Common Share From Continuing Operations Calculations) (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Accounting Policies [Abstract]	'	'
Income from continuing operations	$22,761	$24,052
Income from continuing operations available to participating securities	-39	-32
Income from continuing operations available to common shareholders	$22,722	$24,020
Weighted average common shares outstanding - basic (in shares)	27,286	27,268
Incremental share effect from:	'	'
Nonparticipating restricted stock (in shares)	5	5
Stock-settled stock appreciation rights (in shares)	25	39
Weighted average common shares outstanding - diluted (in shares)	27,316	27,312
Income per common share from continuing operations - basic and diluted (in dollars per share)	$0.83	$0.88

Recovered_Sheet1

Summary of Significant Accounting Policies (Schedule Of Amounts Reclassified Out of Accumulated Other Comprehensive Loss) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Accumulated other comprehensive loss at beginning of period	($8,061)		($8,391)
Total other comprehensive income, before tax	99		107
Total tax expense	-36		-40
Other comprehensive income, net of tax	63		67
Accumulated other comprehensive loss at end of period	-7,998		-8,324
Pension Benefits [Member]	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Amortization of unrecognized net (gain) loss	107	[1]	115	[1]
Postretirement Benefits [Member]	'		'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'		'
Amortization of unrecognized net (gain) loss	-7	[1]	-7	[1]
Amortization of prior service asset	($1)	[1]	($1)	[1]
[1]	Included in the computation of net periodic benefit income/cost. See Notes 6 and 7 for additional information.

Goodwill_And_Other_Intangible_2

Goodwill And Other Intangible Assets (Narrative) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Goodwill	$89,840	$89,840

Goodwill_And_Other_Intangible_3

Goodwill And Other Intangible Assets (Summary Of Other Intangible Assets) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014
Finite-Lived Intangible Assets [Line Items]	'	'
Net carrying value	$5,140	$5,376
Trademarks (40-Year Life) [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	370	370
Accumulated amortization	-216	-214
Net carrying value	154	156
Finite-lived other intangible assets useful life	'40 years	'
Customer Relationships (12 To 15-Year Life) [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Gross carrying value	13,020	13,020
Accumulated amortization	-8,034	-7,800
Net carrying value	$4,986	$5,220
Minimum [Member] | Customer Relationships (12 To 15-Year Life) [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-lived other intangible assets useful life	'12 years	'
Maximum [Member] | Customer Relationships (12 To 15-Year Life) [Member]	'	'
Finite-Lived Intangible Assets [Line Items]	'	'
Finite-lived other intangible assets useful life	'15 years	'

Goodwill_And_Other_Intangible_4

Goodwill And Other Intangible Assets (Schedule Of Amortization Expense) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'	'
Amortization expense	$236	$236

Goodwill_And_Other_Intangible_5

Goodwill And Other Intangible Assets (Estimated Annual Amortization Expense) (Details) (USD $)	Sep. 30, 2014
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]	'
2016	$775
2017	604
2018	604
2019	604
2020	$604

LongTerm_Debt_Details

Long-Term Debt (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2014
Debt Disclosure [Abstract]	'	'	'
Maximum borrowing capacity	$120,000,000	'	$120,000,000
Maximum borrowing capacity on obtaining consent of the issuing bank	200,000,000	'	200,000,000
Line of credit facility, expiration date	18-Apr-17	'	'
Line of credit facility, amount outstanding	0	'	0
Standby letters of credit, amount outstanding	4,200,000	'	'
Interest paid	$0	$0	'
Minimum interest coverage ratio	250.00%	'	'
Maximum leverage ratio	300.00%	'	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014
Income Tax Disclosure [Abstract]	'	'
Accrued income taxes	$2,900,000	'
Prepaid taxes	'	9,700,000
Gross tax contingency reserve	1,000,000	'
Accrued tax liabilities included in the gross tax contingency reserve	600,000	'
Accrued interest and penalties included in the gross tax contingency reserve	400,000	'
Gross tax contingency reserve, classified as current liabilities	0	'
Gross tax contingency reserve, classified as noncurrent liabilities	$1,000,000	'

StockBased_Compensation_Narrat

Stock-Based Compensation (Narrative) (Details) (USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Stock Settled Stock Appreciation Rights SARS [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
SSSARs granted (in rights)	0	2,000
Vesting period	'3 years	'
Unrecognized compensation cost	$1,300,000	'
Weighted-average period over which remaining compensation cost will be recognized	'2 years	'
Weighted average grant date fair value per award	'	$10.14
Restricted Stock [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Unrecognized compensation cost	2,100,000	'
Weighted-average period over which remaining compensation cost will be recognized	'2 years	'
Restricted stock granted (in shares)	0	'
Weighted average grant date fair value per award	$0	'
Number vested (in shares)	0	0
Employee Restricted Stock [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Vesting period	'3 years	'
Restricted stock granted (in shares)	'	200
Grant date fair value	'	$16,000
Weighted average grant date fair value per award	'	$79.78
2005 Plan [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Common shares reserved for issuance to employees and directors (in shares)	2,000,000	'
2005 Plan [Member] | Maximum [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Maximum term of stock awards granted	'5 years	'

StockBased_Compensation_StockS

Stock-Based Compensation (Stock-Settled Stock Appreciation Rights Grant Details) (Details) (Stock Settled Stock Appreciation Rights SARS [Member], USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Stock Settled Stock Appreciation Rights SARS [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
SSSARs granted (in rights)	0	2
Weighted average grant date fair value per award	'	$10.14
Weighted average assumptions used in fair value calculations:	'	'
Risk-free interest rate	'	0.61%
Dividend yield	'	2.01%
Volatility factor of the expected market price of our common stock	'	23.00%
Weighted average expected life in years	'	'2 years 8 months 5 days

StockBased_Compensation_StockS1

Stock-Based Compensation (Stock-Settled Stock Appreciation Rights Compensation Expense And Tax Benefits Recorded) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Excess tax benefits	$167	$8
Stock Settled Stock Appreciation Rights SARS [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Compensation expense	354	297
Tax benefits	124	104
Intrinsic value of exercises	478	18
Excess tax benefits	$167	$6

StockBased_Compensation_Fair_V

Stock-Based Compensation (Fair Value of Stock-Settled Stock Appreciation Rights Vested) (Details) (Stock Settled Stock Appreciation Rights SARS [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Stock Settled Stock Appreciation Rights SARS [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Fair value of vested rights	$7	$0

StockBased_Compensation_StockS2

Stock-Based Compensation (Stock-Settled Stock Appreciation Rights Activity) (Details) (Stock Settled Stock Appreciation Rights SARS [Member], USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Stock Settled Stock Appreciation Rights SARS [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Number of Rights, Outstanding at beginning of year	358	'
Number of Rights, Exercised	-33	'
Number of Rights, Granted	0	2
Number of Rights, Forfeited	-31	'
Number of Rights, Outstanding at end of period	294	'
Number of Rights, Exercisable and vested at end of period	52	'
Number of Rights, Vested and expected to vest at end of period	288	'
Weighted Average Exercise Price, Outstanding at beginning of year	$76.75	'
Weighted Average Exercise Price, Exercised	$64	'
Weighted Average Exercise Price, Granted	$0	'
Weighted Average Exercise Price, Forfeited	$79.57	'
Weighted Average Exercise Price, Outstanding at end of period	$77.89	'
Weighted Average Exercise Price, Exercisable and vested at end of period	$65.23	'
Weighted Average Exercise Price, Vested and expected to vest at end of period	$77.86	'
Weighted Average Remaining Contractual Life in Years, Outstanding at end of period	'3 years 5 months 1 day	'
Weighted Average Remaining Contractual Life in Years, Exercisable and vested at end of period	'1 year 11 months 12 days	'
Weighted Average Remaining Contractual Life in Years, Vested and expected to vest at end of period	'3 years 5 months 1 day	'
Aggregate Intrinsic Value, Outstanding at end of period	$2,691	'
Aggregate Intrinsic Value, Exercisable and vested at end of period	1,040	'
Aggregate Intrinsic Value, Vested and expected to vest at end of period	$2,637	'

StockBased_Compensation_Restri

Stock-Based Compensation (Restricted Stock Compensation Expense And Tax Benefits Recorded) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Excess tax benefits	$167	$8
Restricted Stock [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Compensation expense	457	330
Tax benefits	160	115
Excess tax benefits	$0	$2

StockBased_Compensation_Restri1

Stock-Based Compensation (Restricted Stock Activity) (Details) (Restricted Stock [Member], USD $)	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Restricted Stock [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]	'	'
Number of Shares, Unvested restricted stock at beginning of year	58,000	'
Number of Shares, Granted	0	'
Number of Shares, Vested	0	0
Number of Shares, Forfeited	-3,000	'
Number of Shares, Unvested restricted stock at end of period	55,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]	'	'
Weighted Average Grant Date Fair Value, Unvested restricted stock at beginning of year	$79.09	'
Weighted Average Grant Date Fair Value, Granted	$0	'
Weighted Average Grant Date Fair Value, Vested	$0	'
Weighted Average Grant Date Fair Value, Forfeited	$79.32	'
Weighted Average Grant Date Fair Value, Unvested restricted stock at end of period	$79.07	'

Pension_Benefits_Narrative_Det

Pension Benefits (Narrative) (Details) (Pension Benefits [Member], USD $)	3 Months Ended
	Sep. 30, 2014
Pension Benefits [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Employer contributions	$0
Estimated future employer contributions in current fiscal year	$0

Pension_Benefits_Components_Of

Pension Benefits (Components Of Net Periodic Benefit Income) (Details) (Pension Benefits [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013
Pension Benefits [Member]	'		'
Defined Benefit Plan Disclosure [Line Items]	'		'
Interest cost	$403		$438
Expected return on plan assets	-658		-614
Amortization of unrecognized net loss	107	[1]	115	[1]
Net periodic benefit (income) cost	($148)		($61)
[1]	Included in the computation of net periodic benefit income/cost. See Notes 6 and 7 for additional information.

Postretirement_Benefits_Narrat

Postretirement Benefits (Narrative) (Details) (Postretirement Benefits [Member], USD $)	3 Months Ended
	Sep. 30, 2014
Postretirement Benefits [Member]	'
Defined Benefit Plan Disclosure [Line Items]	'
Employer contributions	$27,000
Estimated future employer contributions in current fiscal year	$100,000

Postretirement_Benefits_Compon

Postretirement Benefits (Components Of Net Periodic Benefit Cost) (Details) (Postretirement Benefits [Member], USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014		Sep. 30, 2013
Postretirement Benefits [Member]	'		'
Defined Benefit Plan Disclosure [Line Items]	'		'
Service cost	$8		$8
Interest cost	27		32
Amortization of unrecognized net (gain) loss	-7	[1]	-7	[1]
Amortization of prior service asset	-1	[1]	-1	[1]
Net periodic benefit (income) cost	$27		$32
[1]	Included in the computation of net periodic benefit income/cost. See Notes 6 and 7 for additional information.

Business_Segment_Information_S

Business Segment Information (Summary Of Financial Information Attributable To Reportable Segments) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Segment Reporting Information [Line Items]	'	'
Net Sales	$259,987	$248,137
Operating Income	34,604	36,431
Specialty Foods [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net Sales	259,987	248,137
Operating Income	37,499	39,543
Corporate [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Operating Income	($2,895)	($3,112)