John B. Sanfilippo & Son (JBSS) 10-Q 1 Nov 18 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Sep. 27, 2018	Oct. 25, 2018
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 27, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q1
Trading Symbol	JBSS
Entity Registrant Name	SANFILIPPO JOHN B & SON INC
Entity Central Index Key	880,117
Current Fiscal Year End Date	--06-27
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,747,575
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
	Sep. 27, 2018	Sep. 28, 2017
Statement of Comprehensive Income [Abstract]
Net sales	$ 204,288	$ 215,664
Cost of sales	171,334	180,545
Gross profit	32,954	35,119
Operating expenses:
Selling expenses	14,071	10,945
Administrative expenses	8,831	6,559
Total operating expenses	22,902	17,504
Income from operations	10,052	17,615
Other expense:
Interest expense including $309 and $194 to related parties	879	781
Rental and miscellaneous expense, net	289	622
Other expense	487	492
Total other expense, net	1,655	1,895
Income before income taxes	8,397	15,720
Income tax expense	1,791	5,009
Net income	6,606	10,711
Other comprehensive income:
Amortization of prior service cost and actuarial loss included in Other expense	263	279
Income tax expense related to pension adjustments	(66)	(108)
Other comprehensive income, net of tax	197	171
Comprehensive income	$ 6,803	$ 10,882
Net income per common share-basic	$ 0.58	$ 0.94
Net income per common share-diluted	$ 0.57	$ 0.94

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Statement of Comprehensive Income [Abstract]
Interest expense to related parties	$ 309	$ 194

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017
CURRENT ASSETS:
Cash	$ 1,215	$ 1,449	$ 869
Accounts receivable, less allowance for doubtful accounts of $263, $270 and $273	58,887	65,426	71,576
Inventories	181,031	174,362	165,304
Prepaid expenses and other current assets	4,190	6,645	5,416
TOTAL CURRENT ASSETS	245,323	247,882	243,165
PROPERTY, PLANT AND EQUIPMENT:
Land	9,285	9,285	9,285
Buildings	109,110	108,540	107,278
Machinery and equipment	199,871	198,321	194,449
Furniture and leasehold improvements	5,015	5,015	4,928
Vehicles	526	526	535
Construction in progress	7,201	2,618	5,287
Property, plant and equipment gross	331,008	324,305	321,762
Less: Accumulated depreciation	220,376	217,689	213,252
Property, plant and equipment net	110,632	106,616	108,510
Rental investment property, less accumulated depreciation of $10,629, $10,431 and $9,837	18,264	18,462	19,056
TOTAL PROPERTY, PLANT AND EQUIPMENT	128,896	125,078	127,566
Cash surrender value of officers' life insurance and other assets	9,102	10,565	9,541
Deferred income taxes	5,644	5,024	9,668
Goodwill	9,650	9,650
Intangible assets, net	16,812	17,654
TOTAL ASSETS	415,427	415,853	389,940
CURRENT LIABILITIES:
Revolving credit facility borrowings	51,941	31,278	36,454
Current maturities of long-term debt, including related party debt of $4,350, $4,341 and $482 and net of unamortized debt issuance costs of $42, $45 and $53	7,212	7,169	3,429
Accounts payable	59,848	60,340	54,544
Bank overdraft	1,121	2,062	1,484
Accrued payroll and related benefits	10,149	6,415	8,065
Other accrued expenses	9,731	9,929	15,009
TOTAL CURRENT LIABILITIES	140,002	117,193	118,985
LONG-TERM LIABILITIES:
Long-term debt, less current maturities, including related party debt of $14,416, $15,507 and $10,461 and net of unamortized debt issuance costs of $69, $79 and $111	25,537	27,356	24,350
Retirement plan	21,501	21,288	21,195
Other	7,040	7,014	6,876
TOTAL LONG-TERM LIABILITIES	54,078	55,658	52,421
TOTAL LIABILITIES	194,080	172,851	171,406
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Capital in excess of par value	120,568	119,952	118,326
Retained earnings	104,852	127,320	105,531
Accumulated other comprehensive loss	(2,984)	(3,181)	(4,233)
Treasury stock, at cost; 117,900 shares of Common Stock	(1,204)	(1,204)	(1,204)
TOTAL STOCKHOLDERS' EQUITY	221,347	243,002	218,534
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	415,427	415,853	389,940
Class A Common Stock [Member]
STOCKHOLDERS' EQUITY:
Common Stock	26	26	26
TOTAL STOCKHOLDERS' EQUITY	26	26	26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
STOCKHOLDERS' EQUITY:
Common Stock	89	89	88
TOTAL STOCKHOLDERS' EQUITY	$ 89	$ 89	$ 88

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017
Allowance for doubtful accounts for accounts receivable, current	$ 263	$ 270	$ 273
Accumulated depreciation of rental investment property	10,629	10,431	9,837
Current maturities of long-term debt, related party debt	4,350	4,341	482
Unamortized debt issuance costs, current	42	45	53
Related party debt, Non-current	14,416	15,507	10,461
Unamortized debt issuance costs, noncurrent	$ 69	$ 79	$ 111
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	8,865,475	8,865,475	8,817,883

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Capital in Excess of Par Value [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Class A Common Stock [Member]	Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
Balance at Jun. 29, 2017	$ 235,468	$ 117,772	$ 123,190	$ (4,404)	$ (1,204)	$ 26	$ 88
Balance, Shares at Jun. 29, 2017						2,597,426	8,801,641
Net income	10,711		10,711
Cash dividends	(28,370)		(28,370)
Pension liability amortization, net of income tax (expense)	171			171
Equity award exercises	16	16
Equity award exercises, shares							16,242
Stock-based compensation expense	538	538
Balance at Sep. 28, 2017	218,534	118,326	105,531	(4,233)	(1,204)	$ 26	$ 88
Balance, Shares at Sep. 28, 2017						2,597,426	8,817,883
Balance at Jun. 28, 2018	243,002	119,952	127,320	(3,181)	(1,204)	$ 26	$ 89
Balance, Shares at Jun. 28, 2018						2,597,426	8,865,475
Net income	6,606		6,606
Cash dividends	(29,074)		(29,074)
Pension liability amortization, net of income tax (expense)	197			197
Stock-based compensation expense	616	616
Balance at Sep. 27, 2018	$ 221,347	$ 120,568	$ 104,852	$ (2,984)	$ (1,204)	$ 26	$ 89
Balance, Shares at Sep. 27, 2018						2,597,426	8,865,475

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Statement of Stockholders' Equity [Abstract]
Cash dividends per common share	$ 2.55	$ 2.50
Pension liability amortization income tax expense	$ (66)	$ (108)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 6,606	$ 10,711
Depreciation and amortization	4,168	3,325
Loss on disposition of assets, net	23	165
Deferred income tax benefit	(620)	(573)
Stock-based compensation expense	616	538
Change in assets and liabilities:
Accounts receivable, net	6,536	(6,746)
Inventories	(6,669)	17,116
Prepaid expenses and other current assets	1,094	(1,244)
Accounts payable	(1,256)	2,682
Accrued expenses	2,451	(7,254)
Income taxes payable	2,446	4,308
Other long-term assets and liabilities	(132)	37
Other, net	412	372
Net cash provided by operating activities	15,675	23,437
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(4,754)	(2,876)
Other	(14)	22
Net cash used in investing activities	(4,768)	(2,854)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net short-term borrowings	20,663	6,998
Principal payments on long-term debt	(1,789)	(865)
(Decrease) Increase in bank overdraft	(941)	552
Dividends paid	(29,074)	(28,370)
Issuance of Common Stock under equity award plans		16
Net cash used in financing activities	(11,141)	(21,669)
NET DECREASE IN CASH	(234)	(1,086)
Cash, beginning of period	1,449	1,955
Cash, end of period	$ 1,215	$ 869

Basis of Presentation and Descr

Basis of Presentation and Description of Business	3 Months Ended
	Sep. 27, 2018
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 2019 and fiscal 2018 are to the fiscal year ending June 27, 2019 and the fiscal year ended June 28, 2018, respectively. • References herein to the first quarter of fiscal 2019 and fiscal 2018 are to the quarters ended September 27, 2018 and September 28, 2017, respectively. 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, consolidated statements of stockholders’ equity 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 28, 2018 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 2018 Annual Report on Form 10-K

Revenue Recognition

Revenue Recognition	3 Months Ended
	Sep. 27, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 2 – Revenue Recognition On June 29, 2018 we adopted ASU No. 2014-09, Revenue from Contracts with Customers (“Topic 606”) Nature of Products We manufacture and sell the following: • branded products under our own proprietary brands to retailers on a national basis; • private label products to retailers, such as supermarkets, mass merchandisers, and specialty retailers, for resale under the retailers’ own or controlled labels; • private label and branded products to the foodservice industry, including foodservice distributors and national restaurant operators; • branded products under co-pack • products to our industrial customer base for repackaging in portion control packages and for use as ingredients by other food manufacturers. When Performance Obligations Are Satisfied A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account for revenue recognition. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The Company’s performance obligations are primarily for the delivery of raw and processed recipe and snack nuts, nut butters and trail mixes. Our customer contracts do not include more than one performance obligation. If a contract were to contain more than one performance obligation, we are required to allocate the contract’s transaction price to each performance obligation based on its relative standalone selling price. The standalone selling price for each distinct good is generally determined by directly observable data. Revenue recognition is generally completed at a point in time when product control is transferred to the customer. For approximately 98% of our revenues, control transfers to the customer when the product is shipped or delivered to the customer based upon applicable shipping terms, as the customer can then direct the use and obtain substantially all of the remaining benefits from the asset at that point in time. Therefore, for 98% of our revenues, the timing of revenue recognition requires little judgment and does not change compared to previous revenue recognition guidance. However, certain transactions within our Contract Packaging sales channel include contracts to develop, manufacture and deliver customized or proprietary products, which have no alternative use for the Company in the event the customer cancels the contract. In addition, for certain of these transactions the Company has the right to payment for performance completed to date. As a result, the revenue for products that are considered assets with no alternative use, is now recognized over time. The value of these assets with no alternative use at period-end The performance obligations in our contracts are satisfied within one year, and typically much less. As such, we have not disclosed the transaction price allocated to remaining performance obligations for any periods presented. Significant Payment Terms Our customer contracts identify the product, quantity, price, payment and final delivery terms. Payment terms usually include early pay discounts. We grant payment terms consistent with industry standards. On a limited basis some payment terms may be extended, however, no payment terms beyond six months are granted at contract inception. The average customer payment is received within approximately 35 days of the invoice date. As a result, we do not adjust the promised amount of consideration for the effects of a significant financing component because the period between our transfer of a promised good or service to a customer and the customer’s payment for that good or service will be six months or less. Shipping All shipping and handling costs associated with outbound freight are accounted for as fulfillment costs and are included in selling expense. Variable Consideration Some of our products are sold through specific incentive programs consisting of promotional allowances, volume and customer rebates, in-store Trade promotions, consisting primarily of customer pricing allowances, merchandising funds and consumer coupons, are also offered through various programs to customers and consumers. A provision for estimated trade promotions is recorded as a reduction of revenue (and a reduction in the transaction price) in the same period when the sale is recognized. Revenues are also recorded net of expected customer deductions which are provided for based upon past experiences. Evaluating these estimates requires management judgment. We generally use the most likely amount method to determine the variable consideration. We believe there will not be significant changes to our estimates of variable consideration when any related uncertainties are resolved with our customers. The Company reviews and updates its estimates and related accruals of variable consideration and trade promotions at least quarterly based on the terms of the agreements and historical experience. Any uncertainties in the ultimate resolution of variable consideration due to factors outside of the Company’s influence are typically resolved within a short timeframe, therefore, no additional constraint on the variable consideration is required. Product Returns While customers generally have the right to return defective or non-conforming non-conforming Contract Balances Contract assets or liabilities result from transactions with revenue recorded over time. If the measure of remaining rights exceeds the measure of the remaining performance obligations the Company records a contract asset. Conversely, if the measure of the remaining performance obligations exceeds the measure of the remaining rights, the Company records a contract liability. Contract asset balances at September 27, 2018, June 28, 2018 and September 28, 2017 were $196, $336, and $873, respectively, and are recorded in the caption “Prepaid expenses and other current assets” on the Consolidated Balance Sheets. The Company generally does not have material deferred revenue or contract liability balances arising from transactions with customers. Contract Costs The Company does not incur significant fulfillment costs requiring capitalization. Disaggregation of Revenue Revenue disaggregated by sales channel is as follows: For the Quarter Ended Distribution Channel September 27, 2018 September 28, 2017 Consumer $ 139,691 $ 135,968 Commercial Ingredients 36,955 36,409 Contract Packaging 27,642 43,287 Total $ 204,288 $ 215,664 Impact of Adoption The Company adopted Topic 606 using the full retrospective basis on June 29, 2018. The prior period comparative information has been recast to reflect the requirements of Topic 606. The impact of Topic 606 on the Consolidated Statement of Comprehensive Income for the first quarter of fiscal 2018 is as follows: Quarter-Ended September 28, Impact of As Adjusted Net sales $ 214,791 $ 873 $ 215,664 Gross profit 34,840 279 35,119 Income from operations 17,336 279 17,615 Net income $ 10,432 $ 279 $ 10,711 Earnings per share-basic $ 0.92 $ 0.03 $ 0.94 Earnings per share-diluted $ 0.91 $ 0.03 $ 0.94 The impact of Topic 606 on the comparative Consolidated Balance Sheet and Consolidated Statement of Cash Flows was not material.

Inventories

Inventories	3 Months Ended
	Sep. 27, 2018
Inventory Disclosure [Abstract]
Inventories	Note 3 – Inventories Inventories consist of the following: September 27, 2018 June 28, 2018 September 28, 2017 Raw material and supplies $ 55,681 $ 73,209 $ 50,086 Work-in-process 125,350 101,153 115,218 Total $ 181,031 $ 174,362 $ 165,304

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
	Sep. 27, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Note 4 – Goodwill and Intangible Assets Identifiable intangible assets that are subject to amortization consist of the following: September 27, June 28, September 28, Customer relationships $ 21,100 $ 21,100 $ 10,600 Brand names 16,990 16,990 8,090 Non-compete 270 270 — 38,360 38,360 18,690 Less accumulated amortization: Customer relationships (12,838 ) (12,182 ) (10,600 ) Brand names (8,665 ) (8,492 ) (8,090 ) Non-compete (45 ) (32 ) — (21,548 ) (20,706 ) (18,690 ) Net intangible assets $ 16,812 $ 17,654 $ — Customer relationships are being amortized on an accelerated basis. The brand names remaining to be amortized consist of the Squirrel Brand Southern Style Nuts Total amortization expense related to intangible assets, which is a component of Administrative expense, was $842 for the quarter ended September 27, 2018. Amortization expense for the remainder of fiscal 2019 is expected to be approximately $2,186 and expected amortization expense the next five fiscal years is as follows: Fiscal year ending June 25, 2020 $ 2,501 June 24, 2021 2,165 June 30, 2022 1,896 June 29, 2023 1,657 June 27, 2024 1,414 Our net goodwill of $9,650 relates entirely to the Squirrel Brand acquisition (the “Acquisition”) completed in the second quarter of fiscal 2018. There was no change in the carrying amount of goodwill during the quarter ended September 27, 2018.

Credit Facility

Credit Facility	3 Months Ended
	Sep. 27, 2018
Debt Disclosure [Abstract]
Credit Facility	Note 5 – Credit Facility On February 7, 2008, we entered into a Credit Agreement with a bank group providing a $117,500 revolving loan commitment and letter of credit subfacility (the “Credit Facility”). The Credit Facility is secured by substantially all our assets other than real property and fixtures. At September 27, 2018, we had $62,309 of available credit under the Credit Facility which reflects borrowings of $51,941 and reduced availability as a result of $3,250 in outstanding letters of credit. As of September 27, 2018, we were in compliance with all financial covenants under the Credit Facility and Mortgage Facility.

Earnings Per Common Share

Earnings Per Common Share	3 Months Ended
	Sep. 27, 2018
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 September 27, 2018 September 28, 2017 Weighted average number of shares outstanding – basic 11,406,009 11,351,307 Effect of dilutive securities: Stock options and restricted stock units 85,922 90,861 Weighted average number of shares outstanding – diluted 11,491,931 11,442,168 There were no anti-dilutive awards excluded from the computation of diluted earnings per share for either period presented.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	3 Months Ended
	Sep. 27, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans	Note 7 – Stock-Based Compensation Plans During the quarter ended September 27, 2018 there was no significant stock option or restricted stock unit activity. Compensation expense attributable to stock-based compensation during the first quarter of fiscal 2019 and fiscal 2018 was $616 and $538, respectively. As of September 27, 2018, there was $2,892 of total unrecognized compensation cost related to non-vested,

Retirement Plan

Retirement Plan	3 Months Ended
	Sep. 27, 2018
Retirement Benefits [Abstract]
Retirement Plan	Note 8 – Retirement Plan The Supplemental Employee Retirement Plan is an unfunded, non-qualified For the Quarter Ended September 27, 2018 September 28, 2017 Service cost $ 152 $ 152 Interest cost 224 213 Amortization of prior service cost 239 239 Amortization of loss 24 40 Net periodic benefit cost $ 639 $ 644 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	3 Months Ended
	Sep. 27, 2018
Equity [Abstract]
Accumulated Other Comprehensive Loss	Note 9 – Accumulated Other Comprehensive Loss The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the quarter ended September 27, 2018 and September 28, 2017. These changes are all related to our defined benefit pension plan. For the Quarter Ended Changes to AOCL (a) September 27, September 28, Balance at beginning of period $ (3,181 ) $ (4,404 ) Other comprehensive income before reclassifications — — Amounts reclassified from accumulated other comprehensive loss 263 279 Tax effect (66 ) (108 ) Net current-period other comprehensive income 197 171 Balance at end of period $ (2,984 ) $ (4,233 ) (a) Amounts in parenthesis indicate debits/expense. The reclassifications out of AOCL for the quarter ended September 27, 2018 and September 28, 2017 were as follows: For the Quarter Ended Affected line item in Reclassifications from AOCL to earnings (b) September 27, September 28, Amortization of defined benefit pension items: Unrecognized prior service cost $ (239 ) $ (239 ) Other expense Unrecognized net loss (24 ) (40 ) Other expense Total before tax (263 ) (279 ) Tax effect 66 108 Income tax expense Amortization of defined pension items, net of tax $ (197 ) $ (171 ) (b) Amounts in parenthesis indicate debits to expense. See Note 8 – “Retirement Plan” above for additional details.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	3 Months Ended
	Sep. 27, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Note 10 – 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 were subject to a class-action complaint for an employment related matter. Mediation for this matter occurred in fiscal 2017. In August 2017, we agreed to a $1,200 settlement for which we were fully reserved at June 29, 2017. In the first quarter of fiscal 2019 the settlement was paid.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Sep. 27, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 11 – Fair Value of Financial Instruments 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), and because of 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: September 27, June 28, 2018 September 28, 2017 Carrying value of long-term debt: $ 32,860 $ 34,649 $ 27,943 Fair value of long-term debt: 31,600 33,482 28,355 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	3 Months Ended
	Sep. 27, 2018
Related Party Transactions [Abstract]
Related Party Transaction	Note 12 – Related Party Transaction In connection with the acquisition of the Squirrel Brand business in the second quarter of fiscal 2018, 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 and is considered a related party. The interest rate on the Promissory Note is 5.5% per annum and the outstanding balance at September 27, 2018 was $8,306. Interest paid on the Promissory Note for the quarter ended September 27, 2018 was $123.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Sep. 27, 2018
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 13 – Recent Accounting Pronouncements The following recent accounting pronouncements have been adopted in the current fiscal year: 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 2- In August 2016, the FASB issued ASU No. 2016-15 Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments No. 2016-15 In May 2017, the FASB issued ASU No. 2017-09 Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting No. 2017-09 No. 2017-09 In August 2018, the SEC issued Release No. 33-10532 3-04 S-X 10-Q The following recent accounting pronouncements have not yet been adopted: In August 2018, the FASB issued ASU No. 2018-15 Intangibles – Goodwill and Other – Internal-Use 350-40): internal-use In August 2018, the FASB issued ASU No. 2018-14 Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20): In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement Fair Value Measurement In February 2016, the FASB issued ASU No. 2016-02 Leases (Topic 842) No. 2016-02 No. 2016-02 No. 2018-11 Leases (Topic 842): Targeted Improvements non-lease No. 2018-10 Codification Improvements to Topic 842, Leases No. 2016-02.

Revenue Recognition (Policies)

Revenue Recognition (Policies)	3 Months Ended
	Sep. 27, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition On June 29, 2018 we adopted ASU No. 2014-09, Revenue from Contracts with Customers (“Topic 606”) Nature of Products We manufacture and sell the following: • branded products under our own proprietary brands to retailers on a national basis; • private label products to retailers, such as supermarkets, mass merchandisers, and specialty retailers, for resale under the retailers’ own or controlled labels; • private label and branded products to the foodservice industry, including foodservice distributors and national restaurant operators; • branded products under co-pack • products to our industrial customer base for repackaging in portion control packages and for use as ingredients by other food manufacturers. When Performance Obligations Are Satisfied A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit of account for revenue recognition. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The Company’s performance obligations are primarily for the delivery of raw and processed recipe and snack nuts, nut butters and trail mixes. Our customer contracts do not include more than one performance obligation. If a contract were to contain more than one performance obligation, we are required to allocate the contract’s transaction price to each performance obligation based on its relative standalone selling price. The standalone selling price for each distinct good is generally determined by directly observable data. Revenue recognition is generally completed at a point in time when product control is transferred to the customer. For approximately 98% of our revenues, control transfers to the customer when the product is shipped or delivered to the customer based upon applicable shipping terms, as the customer can then direct the use and obtain substantially all of the remaining benefits from the asset at that point in time. Therefore, for 98% of our revenues, the timing of revenue recognition requires little judgment and does not change compared to previous revenue recognition guidance. However, certain transactions within our Contract Packaging sales channel include contracts to develop, manufacture and deliver customized or proprietary products, which have no alternative use for the Company in the event the customer cancels the contract. In addition, for certain of these transactions the Company has the right to payment for performance completed to date. As a result, the revenue for products that are considered assets with no alternative use, is now recognized over time. The value of these assets with no alternative use at period-end The performance obligations in our contracts are satisfied within one year, and typically much less. As such, we have not disclosed the transaction price allocated to remaining performance obligations for any periods presented. Significant Payment Terms Our customer contracts identify the product, quantity, price, payment and final delivery terms. Payment terms usually include early pay discounts. We grant payment terms consistent with industry standards. On a limited basis some payment terms may be extended, however, no payment terms beyond six months are granted at contract inception. The average customer payment is received within approximately 35 days of the invoice date. As a result, we do not adjust the promised amount of consideration for the effects of a significant financing component because the period between our transfer of a promised good or service to a customer and the customer’s payment for that good or service will be six months or less. Shipping All shipping and handling costs associated with outbound freight are accounted for as fulfillment costs and are included in selling expense. Variable Consideration Some of our products are sold through specific incentive programs consisting of promotional allowances, volume and customer rebates, in-store Trade promotions, consisting primarily of customer pricing allowances, merchandising funds and consumer coupons, are also offered through various programs to customers and consumers. A provision for estimated trade promotions is recorded as a reduction of revenue (and a reduction in the transaction price) in the same period when the sale is recognized. Revenues are also recorded net of expected customer deductions which are provided for based upon past experiences. Evaluating these estimates requires management judgment. We generally use the most likely amount method to determine the variable consideration. We believe there will not be significant changes to our estimates of variable consideration when any related uncertainties are resolved with our customers. The Company reviews and updates its estimates and related accruals of variable consideration and trade promotions at least quarterly based on the terms of the agreements and historical experience. Any uncertainties in the ultimate resolution of variable consideration due to factors outside of the Company’s influence are typically resolved within a short timeframe, therefore, no additional constraint on the variable consideration is required. Product Returns While customers generally have the right to return defective or non-conforming non-conforming Contract Balances Contract assets or liabilities result from transactions with revenue recorded over time. If the measure of remaining rights exceeds the measure of the remaining performance obligations the Company records a contract asset. Conversely, if the measure of the remaining performance obligations exceeds the measure of the remaining rights, the Company records a contract liability. Contract asset balances at September 27, 2018, June 28, 2018 and September 28, 2017 were $196, $336, and $873, respectively, and are recorded in the caption “Prepaid expenses and other current assets” on the Consolidated Balance Sheets. The Company generally does not have material deferred revenue or contract liability balances arising from transactions with customers. Contract Costs The Company does not incur significant fulfillment costs requiring capitalization. Disaggregation of Revenue Revenue disaggregated by sales channel is as follows: For the Quarter Ended Distribution Channel September 27, 2018 September 28, 2017 Consumer $ 139,691 $ 135,968 Commercial Ingredients 36,955 36,409 Contract Packaging 27,642 43,287 Total $ 204,288 $ 215,664 Impact of Adoption The Company adopted Topic 606 using the full retrospective basis on June 29, 2018. The prior period comparative information has been recast to reflect the requirements of Topic 606. The impact of Topic 606 on the Consolidated Statement of Comprehensive Income for the first quarter of fiscal 2018 is as follows: Quarter-Ended September 28, Impact of As Adjusted Net sales $ 214,791 $ 873 $ 215,664 Gross profit 34,840 279 35,119 Income from operations 17,336 279 17,615 Net income $ 10,432 $ 279 $ 10,711 Earnings per share-basic $ 0.92 $ 0.03 $ 0.94 Earnings per share-diluted $ 0.91 $ 0.03 $ 0.94 The impact of Topic 606 on the comparative Consolidated Balance Sheet and Consolidated Statement of Cash Flows was not material.
Recent Accounting Pronouncements	Note 13 – Recent Accounting Pronouncements The following recent accounting pronouncements have been adopted in the current fiscal year: 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 2- In August 2016, the FASB issued ASU No. 2016-15 Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments No. 2016-15 In May 2017, the FASB issued ASU No. 2017-09 Compensation – Stock Compensation (Topic 718): Scope of Modification Accounting No. 2017-09 No. 2017-09 In August 2018, the SEC issued Release No. 33-10532 3-04 S-X 10-Q The following recent accounting pronouncements have not yet been adopted: In August 2018, the FASB issued ASU No. 2018-15 Intangibles – Goodwill and Other – Internal-Use 350-40): internal-use In August 2018, the FASB issued ASU No. 2018-14 Compensation – Retirement Benefits – Defined Benefit Plans – General (Subtopic 715-20): In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement Fair Value Measurement In February 2016, the FASB issued ASU No. 2016-02 Leases (Topic 842) No. 2016-02 No. 2016-02 No. 2018-11 Leases (Topic 842): Targeted Improvements non-lease No. 2018-10 Codification Improvements to Topic 842, Leases No. 2016-02.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Sep. 27, 2018
Summary of Revenue Disaggregated by Sales Channel	Revenue disaggregated by sales channel is as follows: For the Quarter Ended Distribution Channel September 27, 2018 September 28, 2017 Consumer $ 139,691 $ 135,968 Commercial Ingredients 36,955 36,409 Contract Packaging 27,642 43,287 Total $ 204,288 $ 215,664
Accounting Standards Update 2014-09 [Member]
Summary of Impact of Topic 606 on Consolidated Statement of Comprehensive Income	The impact of Topic 606 on the Consolidated Statement of Comprehensive Income for the first quarter of fiscal 2018 is as follows: Quarter-Ended September 28, Impact of As Adjusted Net sales $ 214,791 $ 873 $ 215,664 Gross profit 34,840 279 35,119 Income from operations 17,336 279 17,615 Net income $ 10,432 $ 279 $ 10,711 Earnings per share-basic $ 0.92 $ 0.03 $ 0.94 Earnings per share-diluted $ 0.91 $ 0.03 $ 0.94

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Sep. 27, 2018
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consist of the following: September 27, 2018 June 28, 2018 September 28, 2017 Raw material and supplies $ 55,681 $ 73,209 $ 50,086 Work-in-process 125,350 101,153 115,218 Total $ 181,031 $ 174,362 $ 165,304

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Sep. 27, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Identifiable Intangible Assets	Identifiable intangible assets that are subject to amortization consist of the following: September 27, June 28, September 28, Customer relationships $ 21,100 $ 21,100 $ 10,600 Brand names 16,990 16,990 8,090 Non-compete 270 270 — 38,360 38,360 18,690 Less accumulated amortization: Customer relationships (12,838 ) (12,182 ) (10,600 ) Brand names (8,665 ) (8,492 ) (8,090 ) Non-compete (45 ) (32 ) — (21,548 ) (20,706 ) (18,690 ) Net intangible assets $ 16,812 $ 17,654 $ —
Summary of Expected Amortization Expense	Total amortization expense related to intangible assets, which is a component of Administrative expense, was $842 for the quarter ended September 27, 2018. Amortization expense for the remainder of fiscal 2019 is expected to be approximately $2,186 and expected amortization expense the next five fiscal years is as follows: Fiscal year ending June 25, 2020 $ 2,501 June 24, 2021 2,165 June 30, 2022 1,896 June 29, 2023 1,657 June 27, 2024 1,414

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Sep. 27, 2018
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 September 27, 2018 September 28, 2017 Weighted average number of shares outstanding – basic 11,406,009 11,351,307 Effect of dilutive securities: Stock options and restricted stock units 85,922 90,861 Weighted average number of shares outstanding – diluted 11,491,931 11,442,168

Retirement Plan (Tables)

Retirement Plan (Tables)	3 Months Ended
	Sep. 27, 2018
Retirement Benefits [Abstract]
Schedule of Net Periodic Benefit Cost	of service. The components of net periodic benefit cost are as follows: For the Quarter Ended September 27, 2018 September 28, 2017 Service cost $ 152 $ 152 Interest cost 224 213 Amortization of prior service cost 239 239 Amortization of loss 24 40 Net periodic benefit cost $ 639 $ 644

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Sep. 27, 2018
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the quarter ended September 27, 2018 and September 28, 2017. These changes are all related to our defined benefit pension plan. For the Quarter Ended Changes to AOCL (a) September 27, September 28, Balance at beginning of period $ (3,181 ) $ (4,404 ) Other comprehensive income before reclassifications — — Amounts reclassified from accumulated other comprehensive loss 263 279 Tax effect (66 ) (108 ) Net current-period other comprehensive income 197 171 Balance at end of period $ (2,984 ) $ (4,233 ) (a) Amounts in parenthesis indicate debits/expense.
Reclassifications Out of AOCL	The reclassifications out of AOCL for the quarter ended September 27, 2018 and September 28, 2017 were as follows: For the Quarter Ended Affected line item in Reclassifications from AOCL to earnings (b) September 27, September 28, Amortization of defined benefit pension items: Unrecognized prior service cost $ (239 ) $ (239 ) Other expense Unrecognized net loss (24 ) (40 ) Other expense Total before tax (263 ) (279 ) Tax effect 66 108 Income tax expense Amortization of defined pension items, net of tax $ (197 ) $ (171 ) (b) Amounts in parenthesis indicate debits to expense. See Note 8 – “Retirement Plan” above for additional details.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Sep. 27, 2018
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: September 27, June 28, 2018 September 28, 2017 Carrying value of long-term debt: $ 32,860 $ 34,649 $ 27,943 Fair value of long-term debt: 31,600 33,482 28,355

Basis of Presentation and Des_2

Basis of Presentation and Description of Business - Additional Information (Detail)	3 Months Ended
	Sep. 27, 2018Channel
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of distribution channels	3

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017
Disaggregation of Revenue [Line Items]
Description of contract with customer payment terms	No payment terms beyond six months are granted at contract inception. The average customer payment is received within approximately 35 days of the invoice date.
Contract assets	$ 196	$ 336	$ 873
Customer Concentration Risk [Member] | Sales Revenue, Net [Member] | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Risk percentage	98.00%

Revenue Recognition - Summary o

Revenue Recognition - Summary of Revenue Disaggregated by Sales Channel (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Disaggregation of Revenue [Line Items]
Total	$ 204,288	$ 215,664
Consumer [Member]
Disaggregation of Revenue [Line Items]
Total	139,691	135,968
Commercial Ingredients [Member]
Disaggregation of Revenue [Line Items]
Total	36,955	36,409
Contract Packaging [Member]
Disaggregation of Revenue [Line Items]
Total	$ 27,642	$ 43,287

Revenue Recognition - Summary_2

Revenue Recognition - Summary of Impact of Topic 606 on Consolidated Statement of Comprehensive Income (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net sales	$ 204,288	$ 215,664
Gross profit	32,954	35,119
Income from operations	10,052	17,615
Net income	$ 6,606	$ 10,711
Earnings per share-basic	$ 0.58	$ 0.94
Earnings per share-diluted	$ 0.57	$ 0.94
As Previously Reported [Member] | Accounting Standards Update 2014-09 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net sales		$ 214,791
Gross profit		34,840
Income from operations		17,336
Net income		$ 10,432
Earnings per share-basic		$ 0.92
Earnings per share-diluted		$ 0.91
Impact of Adoption [Member] | Accounting Standards Update 2014-09 [Member]
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Net sales		$ 873
Gross profit		279
Income from operations		279
Net income		$ 279
Earnings per share-basic		$ 0.03
Earnings per share-diluted		$ 0.03

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017
Inventory Disclosure [Abstract]
Raw material and supplies	$ 55,681	$ 73,209	$ 50,086
Work-in-process and finished goods	125,350	101,153	115,218
Total	$ 181,031	$ 174,362	$ 165,304

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Components of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 38,360	$ 38,360	$ 18,690
Less accumulated amortization:
Total accumulated amortization	(21,548)	(20,706)	(18,690)
Net intangible assets	16,812	17,654
Customer Relationships [Member] | Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	21,100	21,100	10,600
Less accumulated amortization:
Total accumulated amortization	(12,838)	(12,182)	(10,600)
Brand Names [Member] | Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	16,990	16,990	8,090
Less accumulated amortization:
Total accumulated amortization	(8,665)	(8,492)	$ (8,090)
Non-compete Agreement [Member] | Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	270	270
Less accumulated amortization:
Total accumulated amortization	$ (45)	$ (32)

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Jun. 28, 2018	Dec. 28, 2017
Finite-Lived Intangible Assets [Line Items]
Amortization expense for remainder of fiscal 2019	$ 2,186
Goodwill related to acquisition of Squirrel Brand	9,650	$ 9,650
Administrative Expenses [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 842
Squirrel Brand [Member]
Finite-Lived Intangible Assets [Line Items]
Goodwill related to acquisition of Squirrel Brand			$ 9,650

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Expected Amortization Expense (Detail) $ in Thousands	Sep. 27, 2018USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
June 25, 2020	$ 2,501
June 24, 2021	2,165
June 30, 2022	1,896
June 29, 2023	1,657
June 27, 2024	$ 1,414

Credit Facility - Additional In

Credit Facility - Additional Information (Detail) - USD ($)	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017	Feb. 07, 2008
Debt Instrument [Line Items]
Revolving credit facility borrowings	$ 51,941,000	$ 31,278,000	$ 36,454,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving loan commitment and letter of credit sub facility				$ 117,500,000
Available credit under the Credit Facility	62,309,000
Revolving credit facility borrowings	51,941,000
Outstanding letters of credit	$ 3,250,000

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
	Sep. 27, 2018	Sep. 28, 2017
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average number of shares outstanding - basic	11,406,009	11,351,307
Effect of dilutive securities:
Stock options and restricted stock units	85,922	90,861
Weighted average number of shares outstanding - diluted	11,491,931	11,442,168

Stock-Based Compensation Plans

Stock-Based Compensation Plans - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected weighted average recognize period of unrecognized compensation cost related to non-vested share-based compensation	1 year 2 months 12 days
Stock-based compensation expense	$ 616	$ 538
Unrecognized compensation cost related to non-vested share-based compensation	$ 2,892

Retirement Plan - Schedule of N

Retirement Plan - Schedule of Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Retirement Benefits [Abstract]
Service cost	$ 152	$ 152
Interest cost	224	213
Amortization of prior service cost	239	239
Amortization of loss	24	40
Net periodic benefit cost	$ 639	$ 644

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 243,002	$ 235,468
Other comprehensive income, net of tax	197	171
Balance	221,347	218,534
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(3,181)	(4,404)
Other comprehensive income before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive loss	263	279
Tax effect	(66)	(108)
Other comprehensive income, net of tax	197	171
Balance	$ (2,984)	$ (4,233)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Reclassifications Out of AOCL (Detail) - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Sep. 28, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expense	$ (487)	$ (492)
Income tax expense	1,791	5,009
Amortization of Defined Benefit Pension Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(263)	(279)
Amortization of defined pension items, net of tax	(197)	(171)
Reclassifications from AOCL to Earnings [Member] | Unrecognized Prior Service Cost [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expense	(239)	(239)
Reclassifications from AOCL to Earnings [Member] | Unrecognized Net Loss [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other expense	(24)	(40)
Reclassifications from AOCL to Earnings [Member] | Amortization of Defined Benefit Pension Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax expense	$ 66	$ 108

Commitments and Contingent Li_2

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 Instr_3

Fair Value of Financial Instruments - Carrying Value and Fair Value Estimate of Current and Long-Term Debt (Detail) - USD ($) $ in Thousands	Sep. 27, 2018	Jun. 28, 2018	Sep. 28, 2017
Fair Value Disclosures [Abstract]
Carrying value of long-term debt:	$ 32,860	$ 34,649	$ 27,943
Fair value of long-term debt:	$ 31,600	$ 33,482	$ 28,355

Related Party Transaction - Add

Related Party Transaction - Additional Information (Detail) - Promissory Note [Member] - USD ($) $ in Thousands	3 Months Ended
	Sep. 27, 2018	Dec. 28, 2017
Related Party Transaction [Line Items]
Purchase price financed by seller through unsecured debt		$ 11,500
Interest rate	5.50%
Outstanding balance	$ 8,306
Interest paid	$ 123