John B. Sanfilippo & Son (JBSS) 10-Q 5 Feb 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 28, 2017	Jan. 25, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 28, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Trading Symbol	JBSS
Entity Registrant Name	SANFILIPPO JOHN B & SON INC
Entity Central Index Key	880,117
Current Fiscal Year End Date	--06-28
Entity Filer Category	Accelerated Filer
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,744,197
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,597,426

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Statement of Comprehensive Income [Abstract]
Net sales	$ 259,118	$ 249,375	$ 473,909	$ 471,668
Cost of sales	221,238	205,986	401,189	391,804
Gross profit	37,880	43,389	72,720	79,864
Operating expenses:
Selling expenses	15,844	15,370	26,789	26,641
Administrative expenses	7,787	7,744	14,346	15,859
Total operating expenses	23,631	23,114	41,135	42,500
Income from operations	14,249	20,275	31,585	37,364
Other expense:
Interest expense including $245, $201, $439 and $391 to related parties	805	608	1,586	1,230
Rental and miscellaneous expense, net	241	299	863	709
Other expense	493	533	985	1,066
Total other expense, net	1,539	1,440	3,434	3,005
Income before income taxes	12,710	18,835	28,151	34,359
Income tax expense	4,954	5,950	9,963	11,294
Net income	7,756	12,885	18,188	23,065
Other comprehensive income:
Amortization of prior service cost and actuarial loss included in net periodic pension cost	281	331	560	661
Income tax expense related to pension adjustments	(111)	(126)	(219)	(251)
Other comprehensive income, net of tax	170	205	341	410
Comprehensive income	$ 7,926	$ 13,090	$ 18,529	$ 23,475
Net income per common share-basic	$ 0.68	$ 1.14	$ 1.60	$ 2.04
Net income per common share-diluted	0.68	1.13	1.59	2.03
Cash dividends declared per share	$ 0	$ 2.50	$ 2.50	$ 5

Consolidated Statements of Com3

Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Statement of Comprehensive Income [Abstract]
Interest expense to related parties	$ 245	$ 201	$ 439	$ 391

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 28, 2017	Jun. 29, 2017	Dec. 29, 2016
CURRENT ASSETS:
Cash	$ 3,052	$ 1,955	$ 2,031
Accounts receivable, less allowance for doubtful accounts of $273, $263 and $306	70,437	64,830	66,007
Inventories	168,852	182,420	182,653
Prepaid expenses and other current assets	13,457	4,172	6,841
TOTAL CURRENT ASSETS	255,798	253,377	257,532
PROPERTY, PLANT AND EQUIPMENT:
Land	9,285	9,285	9,285
Buildings	108,092	107,015	106,566
Machinery and equipment	196,715	194,099	193,859
Furniture and leasehold improvements	4,951	4,842	4,803
Vehicles	535	498	453
Construction in progress	2,652	1,075	1,483
Property, plant and equipment gross	322,230	316,814	316,449
Less: Accumulated depreciation	214,426	210,606	206,751
Property, plant and equipment net	107,804	106,208	109,698
Rental investment property, less accumulated depreciation of $10,035, $9,639 and $9,244	18,858	19,254	19,650
TOTAL PROPERTY, PLANT AND EQUIPMENT	126,662	125,462	129,348
Cash surrender value of officers' life insurance and other assets	9,057	10,125	10,091
Deferred income taxes	5,979	9,095	8,109
Goodwill	9,638
Intangible assets, net	19,341	0	611
TOTAL ASSETS	426,475	398,059	405,691
CURRENT LIABILITIES:
Revolving credit facility borrowings	30,000	29,456	12,427
Current maturities of long-term debt, including related party debt of $4,324, $474 and $457 and net of unamortized debt issuance costs of $50, $55 and $60	7,274	3,418	3,397
Accounts payable, including related party payables of $0, $178 and $32	84,834	50,047	90,787
Bank overdraft	2,894	932	2,652
Accrued payroll and related benefits	6,333	15,958	10,609
Other accrued expenses	9,387	10,062	9,966
TOTAL CURRENT LIABILITIES	140,722	109,873	129,838
LONG-TERM LIABILITIES:
Long-term debt, less current maturities, including related party debt of $17,682, $10,584 and $10,825 and net of unamortized debt issuance costs of $100, $124 and $150	30,832	25,211	26,925
Retirement plan	21,396	20,994	22,532
Other	7,084	6,513	6,695
TOTAL LONG-TERM LIABILITIES	59,312	52,718	56,152
TOTAL LIABILITIES	200,034	162,591	185,990
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Capital in excess of par value	118,585	117,772	116,676
Retained earnings	113,008	123,190	110,130
Accumulated other comprehensive loss	(4,063)	(4,404)	(6,015)
Treasury stock, at cost; 117,900 shares of Common Stock	(1,204)	(1,204)	(1,204)
TOTAL STOCKHOLDERS' EQUITY	226,441	235,468	219,701
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	426,475	398,059	405,691
Class A Common Stock [Member]
STOCKHOLDERS' EQUITY:
Common Stock	26	26	26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
STOCKHOLDERS' EQUITY:
Common Stock	$ 89	$ 88	$ 88

Consolidated Balance Sheets (U5

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Dec. 28, 2017	Jun. 29, 2017	Dec. 29, 2016
Allowance for doubtful accounts for accounts receivable, current	$ 273	$ 263	$ 306
Accumulated depreciation of rental investment property	10,035	9,639	9,244
Current maturities of long-term debt, related party debt	4,324	474	457
Unamortized debt issuance costs, current	50	55	60
Accounts payable, related party payables	0	178	32
Related party debt, Non-current	17,682	10,584	10,825
Unamortized debt issuance costs, noncurrent	$ 100	$ 124	$ 150
Treasury stock, shares	117,900	117,900	117,900
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000	10,000,000
Common stock, shares issued	2,597,426	2,597,426	2,597,426
Common stock, shares outstanding	2,597,426	2,597,426	2,597,426
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
Common stock, par value	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	17,000,000	17,000,000	17,000,000
Common stock, shares issued	8,859,097	8,801,641	8,785,938

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 18,188	$ 23,065
Depreciation and amortization	7,064	7,973
Loss on disposition of assets, net	319	53
Deferred income tax expense	3,116	481
Stock-based compensation expense	1,429	1,428
Change in assets and liabilities, net of business acquired:
Accounts receivable, net	(3,176)	12,067
Inventories	15,525	(26,080)
Prepaid expenses and other current assets	(5,111)	(2,468)
Accounts payable	34,014	46,925
Accrued expenses	(9,124)	(4,672)
Income taxes payable	(5,422)	2,928
Other long-term assets and liabilities	694	(115)
Other, net	915	845
Net cash provided by operating activities	58,431	62,430
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(6,966)	(6,672)
Acquisition of Squirrel Brand L.P.	(21,909)
Other	72	48
Net cash used in investing activities	(28,803)	(6,624)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving credit facility	226,985	166,816
Repayments of revolving credit borrowings	(226,441)	(166,473)
Principal payments on long-term debt	(2,052)	(1,758)
Increase in bank overdraft	1,962	1,841
Dividends paid	(28,370)	(56,464)
Issuance of Common Stock under equity award plans	16	43
Taxes paid related to net share settlement of equity awards	(631)
Net cash used in financing activities	(28,531)	(55,995)
NET INCREASE (DECREASE) IN CASH	1,097	(189)
Cash, beginning of period	1,955	2,220
Cash, end of period	3,052	2,031
Supplemental disclosure of non-cash investing activities:
Acquisition of Squirrel Brand L.P. through note payable	$ 11,500	$ 0

Basis of Presentation and Descr

Basis of Presentation and Description of Business	6 Months Ended
	Dec. 28, 2017
Accounting Policies [Abstract]
Basis of Presentation and Description of Business	Note 1 – Basis of Presentation and Description of Business As used herein, unless the context otherwise indicates, the terms “we”, “us”, “our” or “Company” collectively refer to John B. Sanfilippo & Son, Inc. and our wholly-owned subsidiary, JBSS Ventures, LLC. Our fiscal year ends on the final Thursday of June each year, and typically consists of fifty-two • References herein to fiscal 2018 and fiscal 2017 are to the fiscal year ending June 28, 2018 and the fiscal year ended June 29, 2017, respectively. • References herein to the second quarter of fiscal 2018 and fiscal 2017 are to the quarters ended December 28, 2017 and December 29, 2016, respectively. • References herein to the first half or first twenty-six twenty-six We are one of the leading processors and distributors of peanuts, pecans, cashews, walnuts, almonds, and other nuts in the United States. These nuts are sold under a variety of private brands and under the Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts, Sunshine Country The accompanying unaudited financial statements fairly present the consolidated statements of comprehensive income, consolidated balance sheets and consolidated statements of cash flows, and reflect all adjustments, consisting only of normal recurring adjustments which are necessary for the fair statement of the results of the interim periods. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. The interim results of operations are not necessarily indicative of the results to be expected for a full year. The balance sheet data as of June 29, 2017 was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States of America (“GAAP”). Accordingly, these unaudited financial statements and related notes should be read in conjunction with the audited consolidated financial statements and notes thereto included in our 2017 Annual Report on Form 10-K

Inventories

Inventories	6 Months Ended
	Dec. 28, 2017
Inventory Disclosure [Abstract]
Inventories	Note 2 – Inventories Inventories consist of the following: December 28, 2017 June 29, 2017 December 29, 2016 Raw material and supplies $ 80,867 $ 79,609 $ 107,735 Work-in-process 87,985 102,811 74,918 Total $ 168,852 $ 182,420 $ 182,653

Acquisition of Squirrel Brand L

Acquisition of Squirrel Brand L.P.	6 Months Ended
	Dec. 28, 2017
Business Combinations [Abstract]
Acquisition of Squirrel Brand L.P.	Note 3 – Acquisition of Squirrel Brand L.P. On November 30, 2017, we acquired certain assets and assumed certain liabilities (the “Acquisition”) of Squirrel Brand L.P. (“Squirrel Brand”) for a purchase price of $31,500, subject to a working capital adjustment. After giving effect to the initial working capital adjustment, the purchase price was $33,409, of which $21,909 was paid in cash and $11,500 was financed by the seller through a three-year unsecured promissory note (the “Promissory Note”). The final working capital adjustment, if any, will be completed in our upcoming third quarter of fiscal 2018. The cash portion of the acquisition price was funded from our credit facility. The Promissory Note bears interest at 5.5% per annum and is payable in equal monthly principal payments of $319, plus interest, beginning in January 2018. The Promissory Note can be prepaid without penalty. The Squirrel Brand business is one of the nation’s leading suppliers of indulgent and premium roasted nuts and snack mixes under its Squirrel Brand Southern Style Nuts The total purchase price of $33,409 has been allocated on a preliminary basis to the fair values of the assets acquired and liabilities assumed as follows: Accounts receivable $ 2,446 Inventories 1,957 Other assets 75 Identifiable intangible assets: Customer relationships 10,500 Brand names 8,900 Non-compete 270 Goodwill 9,638 Accounts payable and accrued expenses (377 ) Total Purchase Price $ 33,409 The customer relationship assets represent the value of the long-term strategic relationship the Squirrel Brand business has with its significant customers, which we are amortizing over a weighted-average life of 7.5 years. The assets were valued using an income approach, specifically the “multi-period excess earnings” method, which identifies an estimated stream of revenues and expenses for a particular group of assets from which deductions of portions of the projected economic benefits, attributable to assets other than the subject asset (contributory assets), are deducted in order to isolate the prospective earnings of the subject asset. This value is considered a level 3 measurement under the GAAP fair value hierarchy. The brand name assets represent the value of the established Squirrel Brand Southern Style Nuts Goodwill, which is expected to be deductible for taxes, arises from intangible assets that do not qualify for separate recognition and expected synergies from combining the operations of Squirrel Brand with the Company. There were no material contingencies recognized or unrecognized associated with the acquired business. The purchase price allocation, especially amounts allocated to goodwill and intangible assets are based on preliminary valuations and are subject to final adjustments to reflect the final net working capital adjustment and valuations. The following reflects the unaudited pro forma results of operations of the Company as if the Acquisition had taken place at the beginning of fiscal 2017. This pro forma information does not purport to represent what the Company’s actual results would have been if the Acquisition had occurred as of the date indicated or what such results would be for any future periods. Year-Ended June 29, Twenty-six Pro forma net sales $ 863,267 $ 479,054 Pro forma net income 36,723 18,762 Pro forma diluted earnings per share $ 3.22 $ 1.64 These unaudited pro forma results have been calculated after applying our accounting policies and adjusting the results of the Squirrel Brand business to reflect elimination of transaction costs and to record additional amortization and interest expense that would have been charged, assuming the fair value adjustment to intangible assets since July 1, 2016, net of related income taxes in respect of pro forma net income and diluted earnings per share performance. Transaction costs of $500, already recorded in Administrative expenses, are excluded from the pro forma net income for the twenty-six Net sales of $3,976 resulting from the Acquisition are included in our consolidated financial results as of December 28, 2017 since the Acquisition closed on November 30, 2017. Since the Acquisition, we continue to operate in a single reportable operating segment that consists of selling various nut and nut-related

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Dec. 28, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 4 – Goodwill and Intangible Assets Identifiable intangible assets that are subject to amortization, which resulted entirely from the Acquisition, are based on our preliminary purchase price allocation and consist of the following at December 28, 2017: December 28, Weighted-average Customer relationships $ 10,500 7.5 Brand names 8,900 13.8 Non-compete 270 5.0 19,670 11.3 Less accumulated amortization: Customer relationships (267 ) Brand names (58 ) Non-compete (4 ) (329 ) Net intangible assets $ 19,341 Gross intangible assets of $18,690 from previous acquisitions were fully amortized as of June 29, 2017. Customer relationships are being amortized on an accelerated basis. The brand names consist of the Squirrel Brand Southern Style Nuts Total amortization expense related to intangible assets, which is a component of Administrative expense, was $329 for the quarter and twenty-six Fiscal year ending June 27, 2019 $ 3,028 June 25, 2020 2,500 June 24, 2021 2,162 June 30, 2022 1,894 June 29, 2023 1,659 Our net goodwill of $9,638 relates entirely to the Acquisition. The changes in the carrying amount of goodwill during the twenty-six Net balance at June 29, 2017 $ — Goodwill acquired during the period 9,638 Net balance at December 28, 2017 $ 9,638 The Company will perform a goodwill impairment test annually during the fourth quarter of its fiscal year and more frequently if events or circumstances indicate that impairment may have occurred. Such events or circumstances may, among others, include significant adverse changes in the general business climate.

Credit Facility

Credit Facility	6 Months Ended
	Dec. 28, 2017
Debt Disclosure [Abstract]
Credit Facility	Note 5 – Credit Facility On July 7, 2017, we entered into the Eighth Amendment to our Credit Facility which eliminated the quarterly restriction on cash dividends and distributions and allows the Company to, without obtaining lender consent, make up to four cash dividends or distributions on our stock per fiscal year, or purchase, acquire, redeem or retire stock in any fiscal year, in an amount not to exceed $60,000 in the aggregate per fiscal year, as long as no default or event of default exists and the excess availability under the Credit Facility remains over $30,000 immediately before and after giving effect to any such dividend, distribution, purchase or redemption. On November 29, 2017, we entered into the Consent and Ninth Amendment to our Credit Agreement (the “Ninth Amendment”). The Ninth Amendment provides lender consent for us to incur unsecured debt (in particular, the Promissory Note) in connection with our acquisition of the Squirrel Brand business, and for: (i) the incurrence of unsecured debt in connection with the Acquisition and (ii) the Acquisition to constitute a “Permitted Acquisition” under the terms of the Credit Agreement. The Ninth Amendment also modified our collateral reporting requirements. At December 28, 2017, we had $83,825 of available credit under the Credit Facility which reflects borrowings of $30,000 and reduced availability as a result of $3,675 in outstanding letters of credit. As of December 28, 2017, we were in compliance with all covenants under the Credit Facility and Mortgage Facility.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Dec. 28, 2017
Earnings Per Share [Abstract]
Earnings Per Common Share	Note 6 – Earnings Per Common Share The following table presents the reconciliation of the weighted average shares outstanding used in computing basic and diluted earnings per share: For the Quarter Ended For the Twenty-six Weeks Ended December 28, 2017 December 29, 2016 December 28, 2017 December 29, 2016 Weighted average number of shares outstanding – basic 11,375,512 11,304,617 11,363,409 11,285,417 Effect of dilutive securities: Stock options and restricted stock units 50,786 69,200 70,824 91,539 Weighted average number of shares outstanding – diluted 11,426,298 11,373,817 11,434,233 11,376,956 There were no anti-dilutive awards excluded from the computation of diluted earnings per share for the current quarter and twenty-six

Stock-Based Compensation Plans

Stock-Based Compensation Plans	6 Months Ended
	Dec. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans	Note 7 – Stock-Based Compensation Plans During the second quarter of fiscal 2018, there were 60,582 restricted stock units (“RSUs”) awarded to employees and non-employee non-employee Stock option activity was insignificant during the first half of fiscal 2018. The following is a summary of RSU activity for the first half of fiscal 2018: Restricted Stock Units Shares Weighted Outstanding at June 29, 2017 201,858 $ 40.36 Activity: Granted 60,582 54.41 Vested (55,956 ) 38.24 Forfeited (11,038 ) 33.59 Outstanding at December 28, 2017 195,446 $ 45.70 At December 28, 2017, there are 60,490 RSUs outstanding that are vested but deferred. The following table summarizes compensation expense charged to earnings for all equity compensation plans for the periods presented: For the Quarter Ended For the Twenty-six Weeks Ended December 28, 2017 December 29, 2016 December 28, December 29, Stock-based compensation expense $ 891 $ 878 $ 1,429 $ 1,428 As of December 28, 2017, there was $4,875 of total unrecognized compensation expense related to non-vested

Dividends

Dividends	6 Months Ended
	Dec. 28, 2017
Text Block [Abstract]
Dividends	Note 8 – Dividends On July 11, 2017, our Board of Directors, after considering the financial position of our Company and other factors, declared a special cash dividend of $2.00 per share and a regular annual cash dividend of $0.50 per share on all issued and outstanding shares of Common Stock and Class A Stock of the Company (the “July 2017 Dividends”). The July 2017 Dividends of approximately $28,370 were paid on August 15, 2017 to stockholders of record as of the close of business on August 2, 2017.

Retirement Plan

Retirement Plan	6 Months Ended
	Dec. 28, 2017
Retirement Benefits [Abstract]
Retirement Plan	Note 9 – Retirement Plan The Supplemental Employee Retirement Plan is an unfunded, non-qualified For the Quarter Ended For the Twenty-six Weeks Ended December 28, 2017 December 29, 2016 December 28, December 29, Service cost $ 152 $ 158 $ 304 $ 316 Interest cost 212 202 425 405 Amortization of prior service cost 240 240 479 479 Amortization of loss 41 91 81 182 Net periodic benefit cost $ 645 $ 691 $ 1,289 $ 1,382 The components of net periodic benefit cost other than the service cost component are included in the line item “Other expense” in the Consolidated Statements of Comprehensive Income.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Dec. 28, 2017
Equity [Abstract]
Accumulated Other Comprehensive Loss	Note 10 – Accumulated Other Comprehensive Loss The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the twenty-six Changes to AOCL (a) For the Twenty-six Weeks Ended December 28, December 29, Balance at beginning of period $ (4,404 ) $ (6,425 ) Other comprehensive income before reclassifications — — Amounts reclassified from accumulated other comprehensive loss 560 661 Tax effect (219 ) (251 ) Net current-period other comprehensive income 341 410 Balance at end of period $ (4,063 ) $ (6,015 ) (a) Amounts in parenthesis indicate debits/expense. The reclassifications out of AOCL for the quarter and twenty-six For the Quarter Ended For the Twenty-six Weeks Ended Affected line item in the Consolidated Reclassifications from AOCL to earnings (b) December 28, December 29, December 28, December 29, Amortization of defined benefit pension items: Unrecognized prior service cost $ (240 ) $ (240 ) $ (479 ) $ (479 ) Other expense Unrecognized net loss (41 ) (91 ) (81 ) (182 ) Other expense Total before tax (281 ) (331 ) (560 ) (661 ) Tax effect 111 126 219 251 Income tax expense Amortization of defined pension items, net of tax $ (170 ) $ (205 ) $ (341 ) $ (410 ) (b) Amounts in parenthesis indicate debits to expense. See Note 9 – “Retirement Plan” above for additional details.

Income Taxes

Income Taxes	6 Months Ended
	Dec. 28, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 11 – Income Taxes Income tax expense as a percent of pre-tax twenty-six twenty-six H.R.1, originally known as the Tax Cuts and Jobs Act of 2017, was enacted on December 22, 2017, and includes, among other items, a reduction in the federal corporate income tax rate from 35% to 21%, which will have a material favorable impact on our effective income tax rate and cash income taxes paid going forward. Because we have a June fiscal year-end, non-cash twenty-six Windfall tax benefits related to the excess tax deduction of share-based compensation of $332 and $446 for the quarter and twenty-six

Commitments and Contingent Liab

Commitments and Contingent Liabilities	6 Months Ended
	Dec. 28, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Note 12 – Commitments and Contingent Liabilities We are currently a party to various legal proceedings in the ordinary course of business. While management presently believes that the ultimate outcomes of these proceedings, individually and in the aggregate, will not materially affect our Company’s financial position, results of operations or cash flows, legal proceedings are subject to inherent uncertainties, and unfavorable outcomes could occur. Unfavorable outcomes could include substantial monetary damages in excess of any appropriate accruals which management has established. Were such unfavorable final outcomes to occur, there exists the possibility of a material adverse effect on our financial position, results of operations and cash flows. We are subject to a class-action complaint for an employment related matter. Mediation for this matter occurred in fiscal 2017. In August 2017, we agreed in principle to a $1,200 settlement for which we were fully reserved at June 29, 2017. The non-monetary

Fair Value of Financial Instrum

Fair Value of Financial Instruments	6 Months Ended
	Dec. 28, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 13 – Fair Value of Financial Instruments Authoritative guidance issued by the Financial Accounting Standards Board (“FASB”) defines fair value as the price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The guidance establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three broad levels: Level 1 – Quoted prices in active markets that are accessible at the measurement date for identical assets and liabilities. Level 2 – Observable inputs other than quoted prices in active markets. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. Level 3 – Unobservable inputs for which there is little or no market data available. The carrying values of cash, trade accounts receivable and accounts payable approximate their fair values at each balance sheet date because of the short-term maturities and nature of these balances. The carrying value of our revolving credit facility borrowings approximates fair value at each balance sheet date because interest rates on this instrument approximate current market rates (Level 2 criteria), the short-term maturity and nature of this balance. In addition, there has been no significant change in our inherent credit risk. The following table summarizes the carrying value and fair value estimate of our current and long-term debt, excluding unamortized debt issuance costs: December 28, June 29, 2017 December 29, 2016 Carrying value of long-term debt: $ 38,256 $ 28,808 $ 30,532 Fair value of long-term debt: 38,584 29,316 31,124 The estimated fair value of our long-term debt was determined using a market approach based upon Level 2 observable inputs, which estimates fair value based on interest rates currently offered on loans with similar terms to borrowers of similar credit quality or broker quotes. In addition, there have been no significant changes in the underlying assets securing our long-term debt.

Related Party Transaction

Related Party Transaction	6 Months Ended
	Dec. 28, 2017
Related Party Transactions [Abstract]
Related Party Transaction	Note 14 – Related Party Transaction In connection with the Acquisition on November 30, 2017, we incurred $11,500 of unsecured debt to the principal owner and seller of the Squirrel Brand business, who was subsequently appointed as an executive officer of the Company. The interest rate on the Promissory Note is 5.5% per annum and the outstanding balance at December 28, 2017 was $11,181. Interest paid on the Promissory Note during the second quarter of fiscal 2018 was immaterial.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Dec. 28, 2017
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 15 – Recent Accounting Pronouncements The following recent accounting pronouncements have been adopted in the current fiscal year: In March 2017, the FASB issued ASU No. 2017-07 Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost 2017-07 twenty-six In October 2016, the FASB issued ASU No. 2016-17 Consolidation (Topic 810): Interests Held Through Related Parties That Are Under Common Control 2015-02 2016-17 2016-17 In July 2015, the FASB issued ASU No. 2015-11 Inventory (Topic 330): Simplifying the Measurement of Inventory first-in, first-out 2015-11 The following recent accounting pronouncements have not yet been adopted: In January 2017, the FASB issued ASC Update No. 2017-04 Intangibles—Goodwill and Other Topics (Topic 350): Simplifying the Test for Goodwill Impairment ” In February 2016, the FASB issued ASU No. 2016-02 “Leases (Topic 842)”. No. 2016-02 In May 2014, the FASB issued ASU No. 2014-09 “Revenue from Contracts with Customers (Topic 606)” Revenue from Contracts with Customers 340-40, Other Assets and Deferred Costs — Contracts with Customers Revenue Recognition No. 2015-14 “Revenue from Contracts with Customers, Deferral of the Effective Date” 2014-09

Recent Accounting Pronounceme22

Recent Accounting Pronouncements (Policies)	6 Months Ended
	Dec. 28, 2017
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	The following recent accounting pronouncements have been adopted in the current fiscal year: In March 2017, the FASB issued ASU No. 2017-07 Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost 2017-07 twenty-six In October 2016, the FASB issued ASU No. 2016-17 Consolidation (Topic 810): Interests Held Through Related Parties That Are Under Common Control 2015-02 2016-17 2016-17 In July 2015, the FASB issued ASU No. 2015-11 Inventory (Topic 330): Simplifying the Measurement of Inventory first-in, first-out 2015-11 The following recent accounting pronouncements have not yet been adopted: In January 2017, the FASB issued ASC Update No. 2017-04 Intangibles—Goodwill and Other Topics (Topic 350): Simplifying the Test for Goodwill Impairment ” In February 2016, the FASB issued ASU No. 2016-02 “Leases (Topic 842)”. No. 2016-02 In May 2014, the FASB issued ASU No. 2014-09 “Revenue from Contracts with Customers (Topic 606)” Revenue from Contracts with Customers 340-40, Other Assets and Deferred Costs — Contracts with Customers Revenue Recognition No. 2015-14 “Revenue from Contracts with Customers, Deferral of the Effective Date” 2014-09

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Dec. 28, 2017
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consist of the following: December 28, 2017 June 29, 2017 December 29, 2016 Raw material and supplies $ 80,867 $ 79,609 $ 107,735 Work-in-process 87,985 102,811 74,918 Total $ 168,852 $ 182,420 $ 182,653

Acquisition of Squirrel Brand24

Acquisition of Squirrel Brand L.P. (Tables)	6 Months Ended
	Dec. 28, 2017
Business Combinations [Abstract]
Summary of Purchase Price Allocated on Preliminary Basis	The total purchase price of $33,409 has been allocated on a preliminary basis to the fair values of the assets acquired and liabilities assumed as follows: Accounts receivable $ 2,446 Inventories 1,957 Other assets 75 Identifiable intangible assets: Customer relationships 10,500 Brand names 8,900 Non-compete 270 Goodwill 9,638 Accounts payable and accrued expenses (377 ) Total Purchase Price $ 33,409
Summary of Unaudited Pro Forma Results of Operations of Company's Acquisition at Beginning	The following reflects the unaudited pro forma results of operations of the Company as if the Acquisition had taken place at the beginning of fiscal 2017. This pro forma information does not purport to represent what the Company’s actual results would have been if the Acquisition had occurred as of the date indicated or what such results would be for any future periods. Year-Ended June 29, Twenty-six Pro forma net sales $ 863,267 $ 479,054 Pro forma net income 36,723 18,762 Pro forma diluted earnings per share $ 3.22 $ 1.64

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Dec. 28, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Identifiable Intangible Assets	Identifiable intangible assets that are subject to amortization, which resulted entirely from the Acquisition, are based on our preliminary purchase price allocation and consist of the following at December 28, 2017: December 28, Weighted-average Customer relationships $ 10,500 7.5 Brand names 8,900 13.8 Non-compete 270 5.0 19,670 11.3 Less accumulated amortization: Customer relationships (267 ) Brand names (58 ) Non-compete (4 ) (329 ) Net intangible assets $ 19,341
Summary of Expected Amortization Expense	Amortization expense for the remainder of fiscal 2018, based on our preliminary purchase price allocation, is expected to be approximately $1,685 and expected amortization expense the next five fiscal years is as follows: Fiscal year ending June 27, 2019 $ 3,028 June 25, 2020 2,500 June 24, 2021 2,162 June 30, 2022 1,894 June 29, 2023 1,659
Summary of Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill during the twenty-six Net balance at June 29, 2017 $ — Goodwill acquired during the period 9,638 Net balance at December 28, 2017 $ 9,638

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Dec. 28, 2017
Earnings Per Share [Abstract]
Weighted Average Shares Outstanding Used in Computing Basic and Diluted Earnings Per Share	The following table presents the reconciliation of the weighted average shares outstanding used in computing basic and diluted earnings per share: For the Quarter Ended For the Twenty-six Weeks Ended December 28, 2017 December 29, 2016 December 28, 2017 December 29, 2016 Weighted average number of shares outstanding – basic 11,375,512 11,304,617 11,363,409 11,285,417 Effect of dilutive securities: Stock options and restricted stock units 50,786 69,200 70,824 91,539 Weighted average number of shares outstanding – diluted 11,426,298 11,373,817 11,434,233 11,376,956

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	6 Months Ended
	Dec. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of RSU Activity	The following is a summary of RSU activity for the first half of fiscal 2018: Restricted Stock Units Shares Weighted Outstanding at June 29, 2017 201,858 $ 40.36 Activity: Granted 60,582 54.41 Vested (55,956 ) 38.24 Forfeited (11,038 ) 33.59 Outstanding at December 28, 2017 195,446 $ 45.70
Summary of Compensation Expense	The following table summarizes compensation expense charged to earnings for all equity compensation plans for the periods presented: For the Quarter Ended For the Twenty-six Weeks Ended December 28, 2017 December 29, 2016 December 28, December 29, Stock-based compensation expense $ 891 $ 878 $ 1,429 $ 1,428

Retirement Plan (Tables)

Retirement Plan (Tables)	6 Months Ended
	Dec. 28, 2017
Retirement Benefits [Abstract]
Schedule of Net Periodic Benefit Cost	The components of net periodic benefit cost are as follows: For the Quarter Ended For the Twenty-six Weeks Ended December 28, 2017 December 29, 2016 December 28, December 29, Service cost $ 152 $ 158 $ 304 $ 316 Interest cost 212 202 425 405 Amortization of prior service cost 240 240 479 479 Amortization of loss 41 91 81 182 Net periodic benefit cost $ 645 $ 691 $ 1,289 $ 1,382

Accumulated Other Comprehensi29

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Dec. 28, 2017
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the twenty-six Changes to AOCL (a) For the Twenty-six Weeks Ended December 28, December 29, Balance at beginning of period $ (4,404 ) $ (6,425 ) Other comprehensive income before reclassifications — — Amounts reclassified from accumulated other comprehensive loss 560 661 Tax effect (219 ) (251 ) Net current-period other comprehensive income 341 410 Balance at end of period $ (4,063 ) $ (6,015 ) (a) Amounts in parenthesis indicate debits/expense.
Reclassifications Out of AOCL	The reclassifications out of AOCL for the quarter and twenty-six For the Quarter Ended For the Twenty-six Weeks Ended Affected line item in the Consolidated Reclassifications from AOCL to earnings (b) December 28, December 29, December 28, December 29, Amortization of defined benefit pension items: Unrecognized prior service cost $ (240 ) $ (240 ) $ (479 ) $ (479 ) Other expense Unrecognized net loss (41 ) (91 ) (81 ) (182 ) Other expense Total before tax (281 ) (331 ) (560 ) (661 ) Tax effect 111 126 219 251 Income tax expense Amortization of defined pension items, net of tax $ (170 ) $ (205 ) $ (341 ) $ (410 ) (b) Amounts in parenthesis indicate debits to expense. See Note 9 – “Retirement Plan” above for additional details.

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Tables)	6 Months Ended
	Dec. 28, 2017
Fair Value Disclosures [Abstract]
Carrying Value and Fair Value Estimate of Current and Long Term Debt	The following table summarizes the carrying value and fair value estimate of our current and long-term debt, excluding unamortized debt issuance costs: December 28, June 29, 2017 December 29, 2016 Carrying value of long-term debt: $ 38,256 $ 28,808 $ 30,532 Fair value of long-term debt: 38,584 29,316 31,124

Basis of Presentation and Des31

Basis of Presentation and Description of Business - Additional Information (Detail)	6 Months Ended
	Dec. 28, 2017Channel
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of distribution channels	3

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Dec. 28, 2017	Jun. 29, 2017	Dec. 29, 2016
Inventory Disclosure [Abstract]
Raw material and supplies	$ 80,867	$ 79,609	$ 107,735
Work-in-process and finished goods	87,985	102,811	74,918
Total	$ 168,852	$ 182,420	$ 182,653

Acquisition of Squirrel Brand33

Acquisition of Squirrel Brand L.P. - Additional Information (Detail) - USD ($) $ in Thousands	Nov. 30, 2017	Dec. 28, 2017	Dec. 28, 2017
Acquisition Date [Line Items]
Weighted-average life			11 years 3 months 19 days
Business acquisition, transaction costs			$ 500
Squirrel Brand [Member]
Acquisition Date [Line Items]
Business acquisition, purchase price before working capital adjustment	$ 31,500
Date of acquisition	Nov. 30, 2017
Business acquisition, purchase price	$ 33,409
Purchase price paid in cash	21,909
Net sales resulting from the acquisition		$ 3,976
Squirrel Brand [Member] | Customer Relationships [Member]
Acquisition Date [Line Items]
Weighted-average life			7 years 6 months
Squirrel Brand [Member] | Brand Names [Member]
Acquisition Date [Line Items]
Weighted-average life			13 years 9 months 18 days
Squirrel Brand [Member] | Unsecured Promissory Note [Member]
Acquisition Date [Line Items]
Purchase price financed by seller through unsecured promissory note	$ 11,500
Purchase price financed by seller through unsecured promissory note,term	3 years
Purchase price financed by seller through unsecured promissory note,interest rate	5.50%
Unsecured promissory note, periodic payment, principal	$ 319
Unsecured promissory note, periodic payment,commencement date	2018-01

Acquisition of Squirrel Brand34

Acquisition of Squirrel Brand L.P. - Summary of Purchase Price Allocated on Preliminary Basis (Detail) - Squirrel Brand [Member] $ in Thousands	Nov. 30, 2017USD ($)
Business Acquisition [Line Items]
Accounts receivable	$ 2,446
Inventories	1,957
Other assets	75
Goodwill	9,638
Accounts payable and accrued expenses	(377)
Total Purchase Price	33,409
Customer Relationships [Member]
Business Acquisition [Line Items]
Identifiable intangible assets	10,500
Brand Names [Member]
Business Acquisition [Line Items]
Identifiable intangible assets	8,900
Non-compete Agreement [Member]
Business Acquisition [Line Items]
Identifiable intangible assets	$ 270

Acquisition of Squirrel Brand35

Acquisition of Squirrel Brand L.P. - Summary of Unaudited Pro Forma Results of Operations of Company's Acquisition at Beginning (Detail) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 28, 2017	Jun. 29, 2017
Business Acquisition, Pro Forma Information [Abstract]
Pro forma net sales	$ 479,054	$ 863,267
Pro forma net income	$ 18,762	$ 36,723
Pro forma diluted earnings per share	$ 1.64	$ 3.22

Goodwill and Intangible Asset36

Goodwill and Intangible Assets - Components of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended
	Dec. 28, 2017	Jun. 29, 2017	Dec. 29, 2016
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 19,670	$ 18,690
Less accumulated amortization:
Total accumulated amortization	(329)
Net intangible assets	$ 19,341	$ 0	$ 611
Weighted-average amortization period	11 years 3 months 19 days
Customer Relationships [Member] | Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 10,500
Less accumulated amortization:
Total accumulated amortization	$ (267)
Weighted-average amortization period	7 years 6 months
Brand Names [Member] | Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 8,900
Less accumulated amortization:
Total accumulated amortization	$ (58)
Weighted-average amortization period	13 years 9 months 18 days
Non-compete Agreement [Member] | Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 270
Less accumulated amortization:
Total accumulated amortization	$ (4)
Weighted-average amortization period	5 years

Goodwill and Intangible Asset37

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 28, 2017	Dec. 28, 2017	Jun. 29, 2017
Finite-Lived Intangible Assets [Line Items]
Intangible assets gross	$ 19,670	$ 19,670	$ 18,690
Expected amortization expense for remainder of fiscal 2018	1,685	1,685
Amortization expense related to intangible assets	329	329
Goodwill related to acquisition of Squirrel Brand	9,638	9,638
Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill related to acquisition of Squirrel Brand	$ 9,638	$ 9,638

Goodwill and Intangible Asset38

Goodwill and Intangible Assets - Summary of Expected Amortization Expense (Detail) $ in Thousands	Dec. 28, 2017USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
June 27, 2019	$ 3,028
June 25, 2020	2,500
June 24, 2021	2,162
June 30, 2022	1,894
June 29, 2023	$ 1,659

Goodwill and Intangible Asset39

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Goodwill (Detail) $ in Thousands	6 Months Ended
	Dec. 28, 2017USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill acquired during the period	$ 9,638
Ending balance	$ 9,638

Credit Facility - Additional In

Credit Facility - Additional Information (Detail)	Jul. 07, 2017USD ($)Dividends	Dec. 28, 2017USD ($)
Eighth Amendment To Credit Agreement [Member]
Debt Instrument [Line Items]
Excess availability required under the credit facility	$ 30,000,000
Eighth Amendment To Credit Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Aggregate amount of dividends that can be declared without bank consent	$ 60,000,000
Number of cash or stock dividends that may be declared in each quarter without obtaining bank consent | Dividends	4
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Available credit under the Credit Facility		$ 83,825,000
Revolving credit facility borrowings		30,000,000
Outstanding letters of credit		$ 3,675,000

Earnings Per Common Share - Wei

Earnings Per Common Share - Weighted Average Shares Outstanding Used in Computing Basic and Diluted Earnings Per Share (Detail) - shares	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average number of shares outstanding - basic	11,375,512	11,304,617	11,363,409	11,285,417
Effect of dilutive securities:
Stock options and restricted stock units	50,786	69,200	70,824	91,539
Weighted average number of shares outstanding - diluted	11,426,298	11,373,817	11,434,233	11,376,956

Earnings Per Common Share - Add

Earnings Per Common Share - Additional Information (Detail) - shares	3 Months Ended	6 Months Ended
	Dec. 28, 2017	Dec. 28, 2017
Anti Dilutive Shares [Abstract]
Anti-dilutive awards excluded from computation of diluted earnings per share	0	0

Stock-Based Compensation Plan43

Stock-Based Compensation Plans - Additional Information (Detail) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 28, 2017USD ($)shares	Dec. 28, 2017USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock units awarded		60,582
Unrecognized compensation expense related to non-vested share-based compensation | $	$ 4,875	$ 4,875
Expected weighted average recognize period of unrecognized compensation cost related to non-vested share-based compensation		1 year 10 months 25 days
Restricted Stock Unit [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock units awarded	60,582
Restricted stock units vested		60,490
Restricted Stock Unit [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of restricted stock units granted		3 years
Restricted Stock Unit [Member] | Non Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of restricted stock units granted		1 year

Stock-Based Compensation Plan44

Stock-Based Compensation Plans - Summary of RSU Activity (Detail)	6 Months Ended
	Dec. 28, 2017$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding beginning balance, Shares | shares	201,858
Granted, Shares | shares	60,582
Vested, Shares | shares	(55,956)
Forfeited, Shares | shares	(11,038)
Outstanding ending balance, Shares | shares	195,446
Weighted-Average Grant-Date Fair Value, Beginning Balance | $ / shares	$ 40.36
Granted, Weighted-Average Grant-Date Fair Value | $ / shares	54.41
Vested, Weighted-Average Grant-Date Fair Value | $ / shares	38.24
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares	33.59
Weighted-Average Grant-Date Fair Value, Ending Balance | $ / shares	$ 45.70

Stock-Based Compensation Plan45

Stock-Based Compensation Plans - Summary of Compensation Expense (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based compensation expense	$ 891	$ 878	$ 1,429	$ 1,428

Dividends - Additional Informat

Dividends - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Aug. 15, 2017	Jul. 11, 2017	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Equity [Abstract]
Dividend payable date, declared day		Jul. 11, 2017
Special cash dividend		$ 2
Annual common stock dividend declared		$ 0.50	$ 0	$ 2.50	$ 2.50	$ 5
Dividend paid	$ 28,370				$ 28,370	$ 56,464
Dividend payable date		Aug. 15, 2017
Stockholders of record date		Aug. 2, 2017

Retirement Plan - Schedule of N

Retirement Plan - Schedule of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Retirement Benefits [Abstract]
Service cost	$ 152	$ 158	$ 304	$ 316
Interest cost	212	202	425	405
Amortization of prior service cost	240	240	479	479
Amortization of loss	41	91	81	182
Net periodic benefit cost	$ 645	$ 691	$ 1,289	$ 1,382

Accumulated Other Comprehensi48

Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Balance at beginning of period			$ (4,404)	$ (6,425)
Other comprehensive income before reclassifications			0	0
Amounts reclassified from accumulated other comprehensive loss	$ 281	$ 331	560	661
Tax effect			(219)	(251)
Other comprehensive income, net of tax	170	205	341	410
Balance at end of period	$ (4,063)	$ (6,015)	$ (4,063)	$ (6,015)

Accumulated Other Comprehensi49

Accumulated Other Comprehensive Loss - Reclassifications Out of AOCL (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrecognized prior service cost	$ (240)	$ (240)	$ (479)	$ (479)
Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Unrecognized net loss	(41)	(91)	(81)	(182)
Amortization of Defined Benefit Pension Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total amortization of pension items before tax	(281)	(331)	(560)	(661)
Income tax expense	111	126	219	251
Amortization of defined pension items, net of tax	$ (170)	$ (205)	$ (341)	$ (410)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 29, 2018	Dec. 22, 2017	Dec. 21, 2017	Dec. 28, 2017	Dec. 29, 2016	Dec. 28, 2017	Dec. 29, 2016	Jun. 28, 2018
Income Tax Disclosure [Line Items]
Effective tax rate				39.00%	31.60%	35.40%	32.90%
Federal corporate income tax rate		21.00%	35.00%
Increase in income tax expense						$ 2,408
Excess tax benefits				$ 332		$ 446
Scenario Forecast [Member]
Income Tax Disclosure [Line Items]
Federal corporate income tax rate	21.00%							28.00%

Commitments and Contingent Li51

Commitments and Contingent Liabilities - Additional Information (Detail) $ in Thousands	Aug. 31, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
Litigation settlement amount	$ 1,200

Fair Value of Financial Instr52

Fair Value of Financial Instruments - Carrying Value and Fair Value Estimate of Current and Long Term Debt (Detail) - USD ($) $ in Thousands	Dec. 28, 2017	Jun. 29, 2017	Dec. 29, 2016
Fair Value Disclosures [Abstract]
Carrying value of long-term debt:	$ 38,256	$ 28,808	$ 30,532
Fair value of long-term debt:	$ 38,584	$ 29,316	$ 31,124

Related Party Transaction - Add

Related Party Transaction - Additional Information (Detail) - USD ($) $ in Thousands	Nov. 30, 2017	Dec. 28, 2017
Related Party Transactions [Abstract]
Purchase price financed by seller through unsecured promissory note	$ 11,500
Interest rate on promissory note		5.50%
Outstanding balance of promissory note		$ 11,181

Recent Accounting Pronounceme54

Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 29, 2016	Dec. 29, 2016
Restatement Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of administrative expense to other expense	$ 533	$ 1,066