John B. Sanfilippo & Son (JBSS) 10-K 19 Aug 20 2020 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Jun. 25, 2020	Aug. 13, 2020	Dec. 26, 2019
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 25, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Trading Symbol	JBSS
Entity Registrant Name	SANFILIPPO JOHN B & SON INC
Security Exchange Name	NASDAQ
Entity Interactive Data Current	Yes
Entity Central Index Key	0000880117
Current Fiscal Year End Date	--06-25
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock
Entity Address, State or Province	IL
Entity Public Float			$ 790,314,722
Entity File Number	0-19681
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-2419677
Entity Address, Address Line One	1703 North Randall Road
Entity Address, City or Town	Elgin
Entity Address, Postal Zip Code	60123
City Area Code	847
Local Phone Number	289-1800
Document Annual Report	true
Document Transition Report	false
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,822,211
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		2,597,426

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
CURRENT ASSETS:
Cash	$ 1,535	$ 1,591
Accounts receivable, less allowance for doubtful accounts of $391 and $350, respectively	56,953	60,971
Inventories	172,068	157,024
Prepaid expenses and other current assets	8,315	5,754
TOTAL CURRENT ASSETS	238,871	225,340
PROPERTY, PLANT AND EQUIPMENT:
Land	9,285	9,285
Buildings	110,294	109,955
Machinery and equipment	218,021	210,962
Furniture and leasehold improvements	5,179	5,128
Vehicles	682	673
Construction in progress	2,244	1,127
Property, plant and equipment gross	345,705	337,130
Less: Accumulated depreciation	239,013	228,778
Property, plant and equipment net	106,692	108,352
Rental investment property, less accumulated depreciation of $12,018 and $11,212, respectively	17,105	17,831
TOTAL PROPERTY, PLANT AND EQUIPMENT	123,797	126,183
Intangible assets, net	12,125	14,626
Cash surrender value of officers' life insurance and other assets	11,875	9,782
Deferred income taxes	6,788	5,723
Goodwill	9,650	9,650
Operating lease right-of-use assets	4,351
TOTAL ASSETS	407,457	391,304
CURRENT LIABILITIES:
Revolving credit facility borrowings	27,008
Current maturities of long-term debt, including related party debt of $585 and $4,375, respectively and net of unamortized debt issuance costs of $25 and $35, respectively	5,285	7,338
Accounts payable	36,323	42,552
Bank overdraft	2,041	901
Accrued payroll and related benefits	25,641	22,101
Other accrued expenses	15,870	11,014
TOTAL CURRENT LIABILITIES	112,168	83,906
LONG-TERM LIABILITIES:
Long-term debt, less current maturities, including related party debt of $8,947 and $11,495, respectively and net of unamortized debt issuance costs of $19 and $44, respectively	14,730	20,381
Retirement plan	31,573	24,737
Long-term operating lease liabilities, net of current portion	2,990
Other	7,758	7,725
TOTAL LONG-TERM LIABILITIES	57,051	52,843
TOTAL LIABILITIES	169,219	136,749
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Capital in excess of par value	123,899	122,257
Retained earnings	124,058	137,712
Accumulated other comprehensive loss	(8,630)	(4,325)
Treasury stock, at cost; 117,900 shares of Common Stock	(1,204)	(1,204)
TOTAL STOCKHOLDERS' EQUITY	238,238	254,555
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	407,457	391,304
Class A Common Stock [Member]
STOCKHOLDERS' EQUITY:
Common Stock	26	26
TOTAL STOCKHOLDERS' EQUITY	26	26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
STOCKHOLDERS' EQUITY:
Common Stock	89	89
TOTAL STOCKHOLDERS' EQUITY	$ 89	$ 89

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Allowance for doubtful accounts for accounts receivable, current	$ 391	$ 350
Accumulated depreciation of rental investment property	12,018	11,212
Current maturities of long-term debt, related party debt	585	4,375
Unamortized debt issuance costs, current	25	35
Related party debt, Non-current	8,947	11,495
Unamortized debt issuance costs, noncurrent	$ 19	$ 44
Treasury stock, shares	117,900	117,900
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	2,597,426	2,597,426
Common stock, shares outstanding	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
Common stock, shares authorized	17,000,000	17,000,000
Common stock, shares issued	8,939,890	8,909,406

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Statement of Comprehensive Income [Abstract]
Net sales	$ 880,092	$ 876,201	$ 888,931
Cost of sales	704,317	717,931	750,032
Gross profit	175,775	158,270	138,899
Operating expenses:
Selling expenses	59,312	61,756	52,922
Administrative expenses	37,916	37,990	29,788
Total operating expenses	97,228	99,746	82,710
Income from operations	78,547	58,524	56,189
Other expense:
Interest expense including $821, $1,143 and $1,103 to related parties, respectively	2,005	3,060	3,463
Rental and miscellaneous expense, net	1,565	1,089	1,406
Other expense	2,266	1,947	1,970
Total other expense, net	5,836	6,096	6,839
Income before income taxes	72,711	52,428	49,350
Income tax expense	18,601	12,962	16,850
Net income	54,110	39,466	32,500
Other comprehensive (loss) income, net of tax:
Amortization of prior service cost and actuarial loss included in net periodic pension cost	1,016	778	839
Net actuarial (loss) gain arising during the period	(4,345)	(1,922)	384
Other comprehensive (loss) income, net of tax	(3,329)	(1,144)	1,223
Comprehensive income	$ 50,781	$ 38,322	$ 33,723
Net income per common share — basic	$ 4.72	$ 3.45	$ 2.86
Net income per common share — diluted	4.69	3.43	2.84
Cash dividends declared per share	$ 6	$ 2.55	$ 2.50
Weighted average shares outstanding — basic	11,463,968	11,430,174	11,383,080
Weighted average shares outstanding — diluted	11,536,791	11,501,412	11,449,386

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Statement of Comprehensive Income [Abstract]
Interest expense to related parties	$ 821	$ 1,143	$ 1,103

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - 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		32,500		32,500
Cash dividends		(28,370)		(28,370)
Pension liability amortization, net of income tax (expense)		839			839
Pension liability adjustment, net of income tax expense		384			384
Equity award exercises, net of shares withheld for employee taxes		(615)	(616)					$ 1
Equity award exercises, net of shares withheld for employee taxes, shares								63,834
Stock-based compensation expense		2,796	2,796
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		39,466		39,466
Cash dividends		(29,074)		(29,074)
Pension liability amortization, net of income tax (expense)		778			778
Pension liability adjustment, net of income tax expense		(1,922)			(1,922)
Equity award exercises, net of shares withheld for employee taxes		(339)	(339)
Equity award exercises, net of shares withheld for employee taxes, shares								43,931
Stock-based compensation expense		2,644	2,644
Balance at Jun. 27, 2019		254,555	122,257	137,712	(4,325)	(1,204)	$ 26	$ 89
Balance, Shares at Jun. 27, 2019							2,597,426	8,909,406
Net income		54,110		54,110
Cash dividends		(68,740)		(68,740)
Pension liability amortization, net of income tax (expense)		1,016			1,016
Pension liability adjustment, net of income tax expense		(4,345)			(4,345)
Equity award exercises, net of shares withheld for employee taxes		(830)	(830)
Equity award exercises, net of shares withheld for employee taxes, shares								30,484
Impact of adopting ASU 2018-02	[1]			976	(976)
Stock-based compensation expense		2,472	2,472
Balance at Jun. 25, 2020		$ 238,238	$ 123,899	$ 124,058	$ (8,630)	$ (1,204)	$ 26	$ 89
Balance, Shares at Jun. 25, 2020							2,597,426	8,939,890
[1]	Refer to Recent Accounting Pronouncements in Note 1 — “Significant Accounting Policies” for additional information.

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Statement of Stockholders' Equity [Abstract]
Cash dividends per common share	$ 6	$ 2.55	$ 2.50
Pension liability amortization income tax expense	$ 358	$ 274	$ 280
Pension liability adjustment income tax (benefit) expense	$ 1,527	$ 675	$ 127

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 54,110	$ 39,466	$ 32,500
Depreciation and amortization	17,934	17,045	15,430
(Gain) loss on disposition of properties, net	(844)	(164)	480
Deferred income tax expense (benefit)	104	(298)	3,664
Stock-based compensation expense	2,472	2,644	2,796
Change in assets and liabilities, net of Acquisition:
Accounts receivable, net	4,015	4,447	1,751
Inventories	(15,044)	17,338	10,015
Prepaid expenses and other current assets	(2,668)	(470)	(1,074)
Accounts payable	(6,721)	(16,958)	8,876
Accrued expenses	2,898	15,784	(8,598)
Income taxes receivable/payable	4,154	2,348	(2,659)
Other long-term liabilities	(887)	711	501
Other long-term assets	1,749	(404)	375
Other, net	2,341	1,970	2,097
Net cash provided by operating activities	63,613	83,459	66,154
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(15,022)	(15,075)	(13,229)
Acquisition of Squirrel Brand L.P.			(21,727)
Proceeds from insurance recoveries	1,109	429
Other, net	(136)	32	(12)
Net cash used in investing activities	(14,049)	(14,614)	(34,968)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net short-term borrowings (repayments)	27,008	(31,278)	1,822
Debt issue costs	(459)
Principal payments on long-term debt	(7,739)	(6,851)	(5,659)
Increase (decrease) in bank overdraft	1,140	(1,161)	1,130
Dividends paid	(68,740)	(29,074)	(28,370)
Proceeds from the exercise of stock options	4	0	16
Taxes paid related to net share settlement of equity awards	(834)	(339)	(631)
Net cash used in financing activities	(49,620)	(68,703)	(31,692)
NET (DECREASE) INCREASE IN CASH	(56)	142	(506)
Cash, beginning of period	1,591	1,449	1,955
Cash, end of period	1,535	1,591	1,449
Interest paid	1,954	2,872	3,357
Income taxes paid, excluding refunds of $18, $16, and $40, respectively	14,415	$ 10,883	15,846
Supplemental disclosure of non-cash activities:
Acquisition of Squirrel Brand L.P. through note payable, see Note 7			$ 11,500
Right-of-use assets recognized at ASU No. 2016-02 transition, see Note 3	$ 5,361

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Statement of Cash Flows [Abstract]
Income taxes paid, refunds	$ 18	$ 16	$ 40

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Jun. 25, 2020
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 1 — SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Consolidation and Description of Business Our consolidated financial statements include the accounts of John B. Sanfilippo & Son, Inc., and our wholly-owned subsidiary, JBSS Ventures, LLC. Our fiscal year ends on the last Thursday of June each year, and typically consists of fifty-two We are one of the leading processors and distributors of peanuts, pecans, cashews, walnuts Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts, Sunshine Country Management Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include reserves for customer deductions, the quantity of bulk inventories, the evaluation of recoverability of long-lived assets, and assumption annual discount rate utilized in determining the . , particularly due to the uncertain impact of COVID-19 on the Company and its customers . Accounts Receivable Accounts receivable are stated at the amounts charged to customers, less allowances for doubtful accounts and reserves for estimated cash discounts and customer deductions. The allowance for doubtful accounts is calculated by specifically identifying customers that are credit risks and estimating the extent that other non-specifically Inventories Inventories, which consist principally of inshell bulk-stored nuts, shelled nuts, dried fruit and processed and packaged nut products, are stated at the lower of cost (first-in, first-out) (first-in, first-out) pursuant , which historically averaged less than 1.0% of inventory purchases, We enter into walnut purchase agreements with growers typically in our first fiscal quarter, under which they deliver their walnut crop to us during the fall harvest season (which typically occurs in our first and second fiscal quarters). Pursuant to our walnut purchase agreements, we determine the final price for this inventory after receipt and typically by the end of our third fiscal quarter. Since the ultimate purchase price to be paid is determined subsequent to receiving the walnut crop, we typically estimate the final purchase price for our first and second quarter interim financial statements based on crop size, quality, current market prices and other factors. Any such changes in estimates, which could be significant, are accounted adjusting Property, Plant and Equipment Property, plant and equipment are stated at cost. Major improvements that extend the useful life, add capacity or add functionality are capitalized and charged to expense through depreciation. Repairs and maintenance costs are charged to expense as incurred. The cost and accumulated depreciation of assets sold or retired are removed from the respective accounts, and any gain or loss is recognized currently in operating income. Depreciation expense for the last three fiscal years is as follows: Year Ended June 25, 2020 Year Ended June 27, 2019 Year Ended June 28, 2018 Depreciation expense $ 15,433 $ 14,017 $ 13,414 Cost is depreciated using the straight-line method over the following estimated useful lives: Classification Estimated Useful Lives Buildings 10 to 40 years Machinery and equipment 5 to 10 years Furniture and leasehold improvements 5 to 10 years Vehicles 3 to 5 years Computers and software 3 to 10 years No interest costs were capitalized for the last three fiscal years due to the lack of any significant Business Combinations We use the acquisition method in accounting for acquired businesses. Under the acquisition method, our financial statements reflect the operations of an acquired business starting from the completion of the acquisition. The assets acquired and liabilities assumed are recorded at their respective estimated fair values at the date of the acquisition. Any excess of the purchase price over the estimated fair values of the identifiable net assets acquired is recorded as goodwill. Segment Reporting We operate in a single three Impairment of Long-Lived Assets We review held and used long-lived assets, including our rental investment property and amortizable identifiable intangible assets (e.g., customer relationships and brand names), to assess recoverability from projected undiscounted cash flows whenever events or changes in facts and circumstances indicate that the carrying value of the assets may not be recoverable. When such events occur, we compare the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset or asset group to the carrying amount of the long-lived asset or asset group. The cash flows are based on our best estimate of future cash flows derived from the most recent business projections. If this comparison indicates there is an impairment, the carrying value of the asset is reduced to its estimated fair value. We did not record any impairment of long-lived assets for the last three fiscal years. Goodwill Goodwill currently represents the excess of the purchase price over the fair value of the net assets from our acquisition Goodwill is not amortized, but is tested annually as of the last day of each fiscal year for impairment, or whenever events or changes in circumstances indicate it is more likely than not that the carrying amount of the reporting unit is greater than its fair value. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include deterioration in general economic conditions, adverse changes in the markets in which we operate, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill. In testing goodwill for impairment, we have the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not (more than 50%) that the estimated fair value of our single reporting unit is less than its carrying amount. If we elect to perform a qualitative assessment and determine that an impairment is more likely than not, we are then required to perform a quantitative impairment test, otherwise no further analysis is required. We also may elect not to perform the qualitative assessment and, instead, proceed directly to the quantitative impairment test. Under the goodwill qualitative assessment, various events and circumstances that would affect the estimated fair value of our single reporting unit are identified (similar to impairment indicators above). During fiscal 2020 we elected to perform a qualitative impairment test which showed no indicators of goodwill impairment, despite the market uncertainty surrounding the impact of COVID-19 Under the goodwill quantitative impairment test, the evaluation of impairment involves comparing the current fair value of our single reporting unit to its carrying value, including goodwill. We estimate the fair value using level 3 inputs as defined by the fair value hierarchy. The inputs used to estimate Our market capitalization is also an estimate of fair value that is considered in our qualitative impairment analysis which is a level 1 input in the fair value hierarchy. Facility Consolidation Project/Real Estate Transactions In April 2005, we acquired property to be used for the Elgin Site. Two buildings are located on the Elgin Site, one of which is an office building. Approximately 67% of the rentable area in the office building is currently vacant. Approximately 29% of the rentable area has not been built-out. The net rental expense from the office building is included in the caption “Rental and miscellaneous expense, net”. See Note 3 — “Leases” below for additional information. 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 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 June 25, 2020 and June 27, 2019 because of the short-term maturities and nature of these balances. The carrying value of our Credit Facility (as defined in Note 6 — “Revolving Credit Facility” in the Notes to Consolidated Financial Statements below) borrowings approximates fair value at June 25, 2020 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: June 25, 2020 June 27, 2019 Carrying value of long-term debt: $ 20,059 $ 27,798 Fair value of long-term debt: 20,186 27,720 The estimated fair value of 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. Revenue Recognition The Company records revenue based on a five-step model in accordance with ASC Topic 606, Revenue from Contracts with Customers under recognition Significant Customers and Concentration of Credit Risk The highly competitive nature of our business provides an environment for the loss of customers and the opportunity to gain new customers. We are subject to concentrations of credit risk, primarily in trade accounts receivable, and we attempt to mitigate this risk through our credit evaluation process, collection terms and through geographical dispersion of sales. Sales to two customers exceeded 10% of net sales during both Marketing and Advertising Costs Marketing and advertising costs are incurred to promote and support branded products in the consumer Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Marketing and advertising expense $ 8,997 $ 11,936 $ 11,290 Shipping and Handling Costs Shipping and handling costs, which include freight and other expenses to prepare finished goods for shipment, are included in selling expenses. Shipping and handling costs for the last three fiscal years were as follows: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Shipping and handling costs $ 21,613 $ 23,086 $ 20,418 Research and Development Expenses Research and development expense represents the cost of our research and development personnel and their related expenses and is charged to selling expenses as incurred. Research and development expenses for the last three fiscal years were as follows: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Research and development expense $ 999 $ 892 $ 701 Stock-Based Compensation We account for stock-based employee compensation arrangements in accordance with the provisions of ASC Topic 718, Compensation — Stock Compensation Income Taxes We account for income taxes using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been reported in our financial statements or tax returns. Such items give rise to differences in the financial reporting and tax basis of assets and liabilities. A valuation allowance is recorded to reduce the carrying amount of deferred tax assets if it is more likely than not that all or a portion of the asset will not be realized. In estimating future tax consequences, we consider all expected future events other than changes in tax law or rates. We record liabilities for uncertain income tax positions based on a two-step We recognize interest and penalties accrued related to unrecognized tax benefits in the “Income tax expense” caption in the Consolidated Statement of Comprehensive Income. We evaluate the realization of deferred tax assets by considering our historical taxable income and future taxable income based upon the reversal of deferred tax liabilities. As of June 25, 2020, we believe that our deferred tax assets are fully realizable. Earnings per Share Basic earnings per common share are calculated using the weighted average number of shares of Common Stock and Class A Stock outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock. The following table presents the reconciliation of the weighted average shares outstanding used in computing basic and diluted earnings per share: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Weighted average number of shares outstanding — basic 11,463,968 11,430,174 11,383,080 Effect of dilutive securities: Stock options and restricted stock units 72,823 71,238 66,306 Weighted average number of shares outstanding — diluted 11,536,791 11,501,412 11,449,386 The following table presents a summary of anti-dilutive awards excluded from the computation of diluted earnings per share: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Weighted average number of anti-dilutive shares: 7,010 — — Weighted average exercise price per share: $ 90.26 $ — $ — Comprehensive Income We account for comprehensive income in accordance with ASC Topic 220, Comprehensive Income non-owner Recent Accounting Pronouncements The following recent accounting pronouncements have been adopted in the current fiscal year: 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. No. 2018-20 Leases (Topic 842) – Narrow Scope Improvements for Lessors non-lease No. 2019-01 Leases (Topic 842) – Codification Improvements No. 2016-02. We have implemented processes and information technology tools to assist in our compliance with Topic 842. We have also updated our accounting policies and internal controls that are impacted by the new guidance. We adopted ASU No. 2016-02 use-of-hindsight non-lease In February 2018, the FASB issued ASU No. 2018-02 “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” No. 2018-02 5 2018-02 The following recent accounting pronouncements have not yet been adopted: In March 2020, the FASB issued ASU No. 2020-04 Reference Rate Reform (Topic 848) s In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (Topic 740) 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 June 2016, the FASB issued ASU No. 2016-13 Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments information to inform credit loss estimates. This Update fiscal and

Revenue Recognition

Revenue Recognition	12 Months Ended
	Jun. 25, 2020
Revenue from Contract with Customer [Abstract]
Revenue Recognition	NOTE 2 — REVENUE RECOGNITION We recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects 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 virtually all 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 the timing of our revenue recognition requires little judgment. 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 30 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. There was no contract asset balance at June 25, 2020. The contract asset balances at June 27, 2019 was $117 and is 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 distribution channel is as follows: For the Year Ended Distribution Channel June 25, 2020 June 27, 2019 Consumer $ 673,989 $ 624,585 Commercial Ingredients 118,464 141,099 Contract Packaging 87,639 110,517 Total $ 880,092 $ 876,201

Leases

Leases	12 Months Ended
	Jun. 25, 2020
Leases [Abstract]
Leases	NOTE 3 — LEASES On June 28, 2019 we adopted ASU No. 2016-02, Leases (“Topic 842”) No. 2018-11, forward Upon adoption of the new standard, we recognized operating lease right-of-use Discount rates ranging from % to % were used when determining the present value of future lease payments. All of our lessee arrangements that were classified as operating leases under Topic 840 continue to be classified as operating leases since the adoption of Topic 842, and the pattern of lease expense recognition is unchanged. The adoption of Topic 842 did not materially impact our consolidated net earnings and had no impact on cash flows. Description of Leases We lease equipment used in the transportation of goods in our warehouses, as well as a limited number of automobiles and a small warehouse near our Bainbridge, Georgia facility. Our leases generally do not contain non-lease We determine if an arrangement is a lease at inception and analyze the lease to determine if it is operating or finance. Operating lease right-of-use right-of-use Topic 842 allows for the election as an accounting policy not to non-lease The following table provides supplemental information related to operating lease right-of-use June 25, 2020 Affected Line Item in Consolidated Balance Sheet Assets Operating lease right-of-use $ 4,351 Operating lease right-of-use Total lease right-of-use $ 4,351 Liabilities Current: Operating leases $ 1,376 Other accrued expenses Noncurrent: Operating leases 2,990 Long-term operating lease liabilities Total lease liabilities $ 4,366 The following tables summarize the Company’s total lease costs and other information arising from operating lease transactions: For the Year Ended June 25, 2020 Operating lease costs (a) $ 1,701 Variable lease costs (b) 63 Total Lease Cost $ 1,764 (a) Includes short-term leases which are immaterial. (b) Variable lease costs consist of sales tax. Rental expense under operating leases agreements was $1,981 and $1,988 in fiscal years 2019 and 2018, respectively. Supplemental cash flow and other information related to leases was as follows: For the Year Operating cash flows information: Cash paid for amounts included in measurements for lease liabilities $ 1,545 Non-cash Right-of-use $ 393 June 25, 2020 Weighted Average Remaining Lease Term (in years) 3.4 Weighted Average Discount Rate 4.4 % Maturities of operating lease liabilities as of June 25, 2020 are as follows: Fiscal year ending June 24, 2021 $ 1,534 June 30, 2022 1,373 June 29, 2023 1,120 June 27, 2024 507 June 26, 2025 152 Thereafter 2 Total lease payments 4,688 Less imputed interest (322 ) Present value of operating lease liabilities $ 4,366 At Disclosures related to periods prior to adoption As the Company has not recast prior year information for its adoption of Topic 842, the following presents its future minimum lease payments for operating leases under Topic 840 on June 27, 2019: Fiscal year ending June 25, 2020 $ 1,715 June 24, 2021 1,540 June 30, 2022 1,392 June 29, 2023 1,109 June 27, 2024 464 Thereafter 133 $ 6,353 Lessor Accounting We lease office space in our four-story office building located in Elgin, Illinois. As a lessor, we retain substantially all of the risks and benefits of ownership of the investment property and under Topic 842 we continue to account for all of our leases as operating leases. Lease agreements may include options to renew. We accrue fixed lease income on a straight-line non-lease Leasing revenue is as follows: For the Year Ended June 25, 2020 Lease income related to lease payments $ 1,967 Gross rental income was $1,978 and $1,988 in fiscal years 2019 and 2018, respectively. The future minimum, undiscounted cash flows under non-cancelable consistent Fiscal year ending June 24, 2021 $ 1,948 June 30, 2022 1,707 June 29, 2023 1,737 June 27, 2024 1,766 June 26, 2025 1,228 Thereafter 1,284 $ 9,670

Inventories

Inventories	12 Months Ended
	Jun. 25, 2020
Inventory Disclosure [Abstract]
Inventories	NOTE 4 — INVENTORIES Inventories consist of the following: June 25, 2020 June 27, 2019 Raw material and supplies $ 69,276 $ 58,927 Work-in-process 102,792 98,097 $ 172,068 $ 157,024

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jun. 25, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	NOTE 5 – GOODWILL AND INTANGIBLE ASSETS Intangible assets subject to amortization consist of the following: June 25, 2020 June 27, 2019 Customer relationships $ 21,100 $ 21,100 Non-compete 270 270 Brand names 16,990 16,990 Total intangible assets, gross 38,360 38,360 Less accumulated amortization: Customer relationships (16,223 ) (14,466 ) Non-compete (139 ) (86 ) Brand names (9,873 ) (9,182 ) Total accumulated amortization (26,235 ) (23,734 ) Net intangible assets $ 12,125 $ 14,626 Customer relationships relate to the Squirrel Brand acquisition completed in fiscal 2018 and the Orchard Valley Harvest (“OVH”) acquisition completed in fiscal 2010. The customer relationships resulting from the OVH acquisition were fully amortized in fiscal 2017. The brand names consist primarily of the Squirrel Brand Southern Style Nuts Fisher Fisher Total amortization expense related to intangible assets, which is classified in administrative expense in the Consolidated Statement of Comprehensive Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Amortization of intangible assets $ 2,501 $ 3,028 $ 2,016 Expected amortization expense the next five fiscal years is as follows: Fiscal year ending June 24, 2021 2,165 June 30, 2022 1,896 June 29, 2023 1,657 June 27, 2024 1,414 June 26, 2025 1,156 Our net goodwill of $9,650 relates entirely to the Squirrel Brand acquisition completed in fiscal 2018. The changes in the carrying amount of goodwill during the two fiscal years ended June 25, 2020 are as follows: Gross goodwill balance at June 29, 2018 $ 18,416 Accumulated impairment losses (8,766 ) Net balance at June 29, 2018 9,650 Fiscal 2019 and 2020 activity — Balance at June 25, 2020 $ 9,650

Revolving Credit Facility

Revolving Credit Facility	12 Months Ended
	Jun. 25, 2020
Revolving Credit Facility [Abstract]
Revolving Credit Facility	NOTE 6 — REVOLVING CREDIT FACILITY On March 5, 2020, we entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) which amended and restated our Credit Agreement dated as of February 7, 2008 (the “Former Credit Agreement”). The Amended and Restated Credit Agreement provides for a $117,500 senior secured revolving credit facility (the “Credit Facility”) with the same borrowing capacity, interest rates and applicable margin as the Former Credit Agreement and extends the term of the Former Credit Agreement from July 7, 2021 to March 5, 2025. The Credit Facility is secured by substantially all our assets other than machinery and equipment, real property and fixtures. Enhanced features for the Amended and Restated Credit Agreement include, but are not limited to, the additions and amendments listed below: • The maximum incremental revolver was increased to $50,000. • The purchase-money and capital lease basket was increased to $10,000. • A new basket for unsecured subordinated indebtedness of $10,000 and a new basket for additional unsecured indebtedness of $20,000 were added. • For permitted acquisitions, a new two-tier alternative test was added. For any acquisition by the Company, either (a) revolver availability plus unrestricted cash must be equal to or greater than $20,000 after giving effect to the acquisition, or (b) revolver availability plus unrestricted cash must be equal to or greater than $15,000 and the pro forma fixed charge coverage ratio must be equal to or greater than 1.00:1.00, in each case after giving effect to the acquisition. • The aggregate amount of dividends and distribution permitted in any fiscal year was increased to $75,000, subject to the same existing conditions of no defaults and a minimum excess availability of $30,000 , after giving effect to the dividends or distribution . • The Company is allowed unlimited investments as long as (a) there are no existing defaults and (b) revolver availability plus unrestricted cash is not less than $20,000 after giving effect to the proposed investment. • The definition of fixed charges was amended to increase the threshold exclusion of dividends and distributions to $40,000. At June 25, 2020, the weighted average interest rate for the Credit Facility was 2.40%. At June 27, 2019 there were no borrowings on the line of credit. The terms of the Credit Facility contain covenants that require us to restrict investments, indebtedness, acquisitions and certain sales of assets, cash dividends, redemptions of capital stock and prepayment of indebtedness (if such prepayment, among other things, is of a subordinate debt). If loan availability under the Borrowing Base Calculation falls below $25,000, we will be required to maintain a specified fixed charge coverage ratio, tested on a monthly basis. All cash received from customers be applied against the Credit Facility. The Bank Lenders are entitled to require immediate repayment of our obligations under the Credit Facility in the event of default on the payments required under the Credit Facility, a change in control in the ownership of the Company, non-compliance with the financial covenant or upon the occurrence of certain other defaults by us under the Credit Facility (including a default under the Mortgage Facility). As of June 25, 2020, we were in compliance with the financial covenant under the Credit Facility and we currently expect to be in compliance with the financial covenant in the Credit Facility for the next twelve months. At June 25, 2020, we had $ of available credit under the Credit Facility which reflects borrowings of $ and reduced availability as a result of $ in outstanding letters of credit. We would still be in compliance

Long-Term Debt

Long-Term Debt	12 Months Ended
	Jun. 25, 2020
Debt Disclosure [Abstract]
Long-Term Debt	NOTE 7 — LONG-TERM DEBT Long-term debt consists of the following: June 25, 2020 June 27, 2019 Mortgage Facility (“Tranche A”), collateralized by real property, due in monthly installments of $230 including interest at 4.25% per annum with a final payment due March 1, 2023 $ 7,144 $ 9,542 Mortgage Facility (“Tranche B”), collateralized by real property, due in monthly installments of $57 including interest at 4.25% per annum with a final payment due March 1, 2023 1,786 2,386 Squirrel Brand Seller-Financed Note January 20 1,597 5,750 Selma, Texas facility financing obligation to related parties, due in monthly installments of $103 through September 1, 2026 9,532 10,120 Unamortized debt issuance costs (44 ) (79 ) 20,015 27,719 Less: Current maturities, net of unamortized debt issuance costs (5,285 ) (7,338 ) Total long-term debt, net of unamortized debt issuance costs $ 14,730 $ 20,381 On February 7, 2008, we entered into a Loan Agreement with an insurance company (the “Mortgage Lender”) providing us with two term loans, one in the amount of $36,000 (“Tranche A”) and the other in the amount of $9,000 (“Tranche B”), for an aggregate amount of $45,000 (the “Mortgage Facility”). The Mortgage Facility is secured by mortgages on essentially all of our owned real property located in Elgin, Illinois, Gustine, California and Garysburg, North Carolina (the “Encumbered Properties”). The terms of the Mortgage Facility contain covenants that require us to maintain a specified net worth of $110,000 and maintain the Encumbered Properties. The Mortgage Lender is entitled to require immediate repayment of our obligations under the Mortgage Facility in the event we default in the payments required under the Mortgage Facility, non-compliance In September 2006, we sold our Selma, Texas properties to two related party partnerships for $14,300 and are leasing them back. The selling price was determined by an independent appraiser to be the fair market value which also approximated our carrying value. The lease for the Selma, Texas properties had an initial ten lessor In November 2017 three pre-pay Aggregate maturities of long-term debt are as follows for the fiscal years ending: June 24, 2021 5,309 June 30, 2022 3,890 June 29, 2023 3,213 June 27, 2024 722 June 26, 2025 775 Thereafter 6,150 $ 20,059

Income Taxes

Income Taxes	12 Months Ended
	Jun. 25, 2020
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 8 — INCOME TAXES The provision for income taxes is based entirely on income before income taxes earned in the United States, and is as follows for the last three fiscal years: For the Year Ended: June 25, 2020 June 27, 2019 June 28, 2018 Current: Federal $ 14,588 $ 10,309 $ 10,722 State 3,909 2,951 2,464 Total current expense 18,497 13,260 13,186 Deferred: Deferred federal 137 395 3,902 Deferred state (33 ) (693 ) (238 ) Total deferred expense (benefit) 104 (298 ) 3,664 Total income tax expense $ 18,601 $ 12,962 $ 16,850 The reconciliations of income taxes at the statutory federal income tax rate to income tax expense reported in the Consolidated Statements of Comprehensive Income for the last three fiscal years are as follows: June 25, 2020 June 27, 2019 June 28, 2018 Federal statutory income tax rate 21.0 % 21.0 % 28.1 % State income taxes, net of federal benefit 4.2 3.1 3.1 Impact of Tax Reform — — 6.3 Section 162(m) Limitation 1.2 1.1 — Research and development tax credit (0.3 ) (0.3 ) (0.2 ) Domestic manufacturing deduction — — (2.2 ) Windfall tax benefits (0.4 ) (0.2 ) (1.0 ) Uncertain tax positions — 0.1 0.1 Other (0.1 ) (0.1 ) (0.1 ) Effective tax rate 25.6 % 24.7 % 34.1 % Deferred tax assets and liabilities are recognized for the expected future tax consequences of temporary differences between the financial statement basis and the tax basis of assets and liabilities using enacted statutory tax rates applicable to future years. Deferred tax assets and liabilities are comprised of the following: June 25, 2020 June 27, 2019 Deferred tax assets (liabilities): Accounts receivable $ 355 $ 332 Employee compensation 1,534 1,673 Inventory 189 309 Depreciation and amortization (11,260 ) (10,847 ) Capitalized leases 1,145 1,117 Goodwill and intangible assets 2,885 3,182 Retirement plan 8,373 6,599 Workers’ compensation 1,932 1,862 Share based compensation 1,344 1,305 Other 291 191 Net deferred tax asset — long term 6,788 5,723 In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that tax-planning For the years ending June 25, 2020 and June 27, 2019, unrecognized tax benefits and accrued interest and penalties were $204 and $259. Accrued interest and penalties related to uncertain tax positions are not material for any periods presented. Interest and penalties within income tax expense were not material for any period presented. The total gross amounts of unrecognized tax benefits were $203 and $240 at June 25, 2020 and June 27, 2019, respectively. A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows: June 25, 2020 June 27, 2019 June 28, 2018 Beginning balance $ 240 $ 207 $ 174 Gross increases — tax positions in prior year 16 — 6 Gross decreases — tax positions in prior year (24 ) (6 ) — Settlements — — — Gross increases — tax positions in current year 60 39 27 Lapse of statute of limitations (89 ) — — Ending balance $ 203 $ 240 $ 207 Unrecognized tax benefits, that if recognized, would affect the annual effective tax rate on income from continuing operations, are as follows: June 25, 2020 June 27, 2019 June 28, 2018 Unrecognized tax benefits that would affect annual effective tax rate $ 196 $ 217 $ 177 During fiscal 2020, the change in unrecognized tax benefits due to statute expiration was not material. We do not anticipate that total unrecognized tax benefits will significantly change in the next twelve months. There were certain changes in state tax laws during the period, for which the impact was insignificant. We file income tax returns with federal and state tax authorities within the United States of America. Our federal and Illinois tax returns are open for audit for fiscal 2017 2019 2016 through 2019

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 25, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 9 — COMMITMENTS AND CONTINGENCIES Litigation 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 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 money 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.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Jun. 25, 2020
Federal Home Loan Banks [Abstract]
Stockholders' Equity	NOTE 10 — STOCKHOLDERS’ EQUITY Our Class A Common Stock, $ .01 .01 share-for-share

Stock-Based Compensation Plans

Stock-Based Compensation Plans	12 Months Ended
	Jun. 25, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation Plans	NOTE 11 — STOCK-BASED COMPENSATION PLANS At our annual meeting of stockholders on October 29, 2014, our stockholders approved a new equity incentive plan (the “2014 Omnibus Plan”) under which awards of options and other stock-based awards may be made to employees, officers or non-employee in a fiscal year. non-employee We determine the fair value of stock option awards using the Black-Scholes option-pricing model; however, there were no options granted in fiscal 2020, fiscal 2019 or fiscal 2018. The following is a summary of stock option activity for the year ended June 25, 2020: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at June 27, 2019 500 $ 8.71 Granted — — Exercised (500 ) 8.71 Forfeited — — Outstanding and exercisable at June 25, 2020 — $ — — $ — The following table summarizes the total intrinsic value of all options exercised and the total cash received from the exercise of options for the last three fiscal years: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Total intrinsic value of options exercised $ 38 $ — $ 79 Total cash received from exercise of options $ 4 $ — $ 16 The fair value of RSUs is generally determined based on the market price of our Common Stock on the date of grant. The fair value of RSUs granted for the years ended June 25, 2020, June 27, 2019 and June 28, 2018 was $3,528, $3,334 and $3,296, respectively. The following is a summary of RSU activity for the year ended June 25, 2020: Restricted Stock Units Shares Weighted- Average Grant- Fair Value Outstanding at June 27, 2019 188,992 $ 46.79 Granted 38,572 91.47 Vested (a) (38,333 ) 60.55 Forfeited (22,352 ) 64.28 Outstanding at June 25, 2020 166,879 $ 51.62 (a) The number of RSUs vested includes shares that were withheld on behalf of employees to satisfy statutory tax withholding requirements. At June 25, 2020 there were 57,871 RSUs outstanding that were vested but deferred. At June 27, 2019 there were 55,628 RSUs outstanding that were vested but deferred. The non-vested The following table summarizes compensation cost charged to earnings for all equity compensation plans and the total income tax benefit recognized for the last three fiscal years: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Compensation cost charged to earnings $ 2,472 $ 2,644 $ 2,796 Income tax benefit recognized 618 661 895 At June 25, 2020, there was $3,307 of total unrecognized compensation cost related to non-vested

Cash Dividends

Cash Dividends	12 Months Ended
	Jun. 25, 2020
Text Block [Abstract]
Cash Dividends	NOTE 12 — CASH DIVIDENDS Our Board of Directors declared the following cash dividends payable in fiscal Declaration Date Record Date Dividend Per Total Payment Date April 29, 2020 May 27, 2020 $ 1.00 $ June 17, 2020 October 29, 2019 November 26, 2019 $ 2.00 $ December 10, 2019 July 10, 2019 August 6, 2019 $ 3.00 $ August 20, 2019 July 10, 2018 August 3, 2018 $ 2.55 $ August 17, 2018 On July 9, 2020, our Board of Directors declared a special cash dividend of $1.85 per share and a regular annual cash dividend of $0.65 per share on all issued and outstanding shares of Common Stock and Class A Stock of the Company. Refer to Note 21 — “Subsequent Event” below.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Jun. 25, 2020
Postemployment Benefits [Abstract]
Employee Benefit Plans	NOTE 13 — EMPLOYEE BENEFIT PLANS We maintain a contributory plan established pursuant to the provisions of section 401(k) of the Internal Revenue Code. The plan provides retirement benefits for all nonunion employees meeting minimum age and service requirements. We currently match 100% of the first three two Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 401(k) plan expense $ 2,116 $ 2,040 $ 1,741 During the first quarter of fiscal 2009, we recorded a long-term liability of $868 for the withdrawal from the multiemployer plan (“Route pension”) for the step-van The total Route pension liability was as follows for the last two fiscal years: June 25, 2020 June 27, 2019 Route pension liability $ 168 $ 251 Virtually all of our salaried employees participate in our Sanfilippo Value Added Plan (as amended, the “SVA Plan”), which is a cash incentive plan (an economic value added-based program) administered by our Compensation Committee. We accrue expense related to the SVA Plan in the annual period that the economic performance underlying such performance occurs. This method of expense recognition properly matches the expense associated with improved economic performance with the period the improved performance occurs on a systematic and rational basis. The SVA Plan payments, if any, are paid to participants in the first quarter of the following fiscal year.

Retirement Plan

Retirement Plan	12 Months Ended
	Jun. 25, 2020
Retirement Benefits [Abstract]
Retirement Plan	NOTE 14 — RETIREMENT PLAN The Supplemental Employee Retirement Plan (“SERP”) is an unfunded, non-qualified year-end Compensation — Retirement Benefits The following table presents the changes in the projected benefit obligation for the fiscal years ended: June 25, 2020 June 27, 2019 Change in projected benefit obligation Projected benefit obligation at beginning of year $ 25,382 $ 21,934 Service cost 712 610 Interest cost 892 895 Actuarial loss 5,872 2,597 Benefits paid (654 ) (654 ) Projected benefit obligation at end of year $ 32,204 $ 25,382 The accumulated benefit obligation, which represents benefits earned up to the measurement date, was $25,839 and $20,985 at June 25, 2020 and June 27, 2019, respectively. Components of the actuarial loss (gain) portion of the change in projected benefit obligation are presented below for the fiscal years ended: June 25, 2020 June 27, 2019 June 28, 2018 Actuarial Loss (Gain) Change in assumed pay increases $ 2,352 $ 293 $ (56 ) Change in discount rate 4,285 2,174 (523 ) Change in mortality assumptions (1,083 ) (69 ) (117 ) Other 318 199 185 Actuarial loss (gain) $ 5,872 $ 2,597 $ (511 ) The components of the net periodic pension cost are as follows for the fiscal years ended: June 25, 2020 June 27, 2019 June 28, 2018 Service cost $ 712 $ 610 $ 607 Interest cost 892 895 851 Recognized loss amortization 417 95 162 Prior service cost amortization 957 957 957 Net periodic pension cost $ 2,978 $ 2,557 $ 2,577 The most significant assumption is . We used the following assumptions to calculate : June 25, 2020 June 27, 2019 Discount rate 2.69% 3.56% Average rate of compensation increases 3.38% 4.13% Bonus payment 60% - 95 of base, paid 4 of 5 years 60% - 85 of base, paid 4 of 5 years We used the following assumptions to calculate the net periodic costs of our SERP as follows for the fiscal years ended: June 25, 2020 June 27, 2019 June 28, 2018 Discount rate 3.56% 4.14% 3.99% Rate of compensation increases 4.13% 3.38% 4.50% Mortality RP-2014 collar with MP- 2018 scale RP-2014 collar with MP- 2017 scale RP-2014 collar with MP- 2016 scale Bonus payment 60% - 85% base, paid 4 of 5 years 60% - 85% base, paid 4 of 5 years 60% - 85% base, paid 4 of 5 years The assumed discount rate is based, in part, upon a discount rate modeling The following table presents the benefits expected to be paid in the next ten fiscal years: Fiscal year 2021 $ 631 2022 758 2023 704 2024 650 2025 1,257 2026 — 2030 6,999 At June 25, 2020 and June 27, 2019, the current portion of the SERP liability was $631 and $645, respectively, and recorded in the caption “Accrued payroll and related benefits” on the Consolidated Balance Sheets. The following table presents the components of AOCL that have not yet been recognized in net pension expense: June 25, 2020 June 27, 2019 Unrecognized net loss $ (10,909 ) $ (5,453 ) Unrecognized prior service cost (478 ) (1,435 ) Tax effect 2,757 2,563 Net amount unrecognized $ (8,630 ) $ (4,325 ) We expect to recognize the remaining $478 of the prior service cost and $1,183 of net loss into net periodic pension expense during the fiscal year ending June 24, 2021.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Jun. 25, 2020
Equity [Abstract]
Accumulated Other Comprehensive Loss	NOTE 15 — ACCUMULATED OTHER COMPREHENSIVE LOSS The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the last two fiscal years. These changes are all related to our defined benefit pension plan. Changes to AOCL (a) Year Ended June 25, 2020 Year Ended June 27, 2019 Balance at beginning of period $ (4,325 ) $ (3,181 ) Other comprehensive loss before reclassifications (5,872 ) (2,597 ) Amounts reclassified from accumulated other comprehensive loss 1,374 1,052 Tax effect 1,169 401 Net current-period other comprehensive loss (3,329 ) (1,144 ) Impact of adopting ASU 2018-02 (b) (976 ) — Balance at end of period $ (8,630 ) $ (4,325 ) ( a Amounts in parenthesis indicate debits/expense. ( b Refer to Recent Accounting Pronouncements in Note 1 — “Significant Accounting Policies” for additional information. The reclassifications out of accumulated other comprehensive loss for the last two fiscal years were as follows: Reclassifications from AOCL to earnings (c) Year Ended June 25, 2020 Year Ended June 27, 2019 Affected line item in the Consolidated Statements of Comprehensive Income Amortization of defined benefit pension items: Unrecognized prior service cost $ (957 ) $ (957 ) Other expense Unrecognized net loss (417 ) (95 ) Other expense Total before tax (1,374 ) (1,052 ) Tax effect 358 274 Income tax expense Amortization of defined pension items, net of tax $ (1,016 ) $ (778 ) (c) Amounts in parenthesis indicate debits to expense. See Note 14 — “Retirement Plan” above for additional details.

Transactions with Related Parti

Transactions with Related Parties	12 Months Ended
	Jun. 25, 2020
Related Party Transactions [Abstract]
Transactions with Related Parties	NOTE 16 — TRANSACTIONS WITH RELATED PARTIES In addition to the related party transactions described in Note 7, we also purchased materials from a company that until July 2017 was owned by three members of our Board of Directors, two of whom are also executive officers, and individuals directly related to them. Purchases from this related party aggregated to the following for the years ending: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Purchases from related party $ — $ — $ 360

Product Type Sales Mix

Product Type Sales Mix	12 Months Ended
	Jun. 25, 2020
Asset Retirement Obligation Disclosure [Abstract]
Product Type Sales Mix	NOTE 17 — PRODUCT TYPE SALES MIX The following table summarizes sales by product type as a percentage of total gross sales. The information is based upon gross sales, rather than net sales, because certain adjustments, such as promotional discounts, are not allocable to product types, for the fiscal year ended: Product Type June 25, 2020 June 27, 2019 June 28, 2018 Peanuts 18.2 % 18.0 % 15.7 % Pecans 10.3 12.9 14.0 Cashews & Mixed Nuts 23.2 23.0 24.6 Walnuts 7.2 8.9 9.0 Almonds 14.7 14.4 15.5 Trail & Snack Mixes 21.1 17.3 15.5 Other 5.3 5.5 5.7 100.0 % 100.0 % 100.0 %

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Jun. 25, 2020
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts and Reserves	NOTE 18 — VALUATION AND QUALIFYING ACCOUNTS AND RESERVES The following table details the activity in various allowance and reserve accounts. Description Balance at Beginning of Period Additions Deductions Balance at End of Period June 25, 2020 Allowance for doubtful accounts $ 350 $ 209 $ (168) $ 391 Reserve for cash discounts 925 15,650 (15,600 ) 975 Reserve for customer deductions 4,757 27,036 (26,316 ) 5,477 Total $ 6,032 $ 42,895 $ (42,084) $ 6,843 June 27, 2019 Allowance for doubtful accounts $ 270 $ 150 $ (70) $ 350 Reserve for cash discounts 950 14,721 (14,746 ) 925 Reserve for customer deductions 5,038 24,581 (24,862 ) 4,757 Deferred tax asset valuation allowance 112 — (112 ) — Total $ 6,370 $ 39,452 $ (39,790) $ 6,032 June 28, 2018 Allowance for doubtful accounts $ 263 $ 52 $ (45) $ 270 Reserve for cash discounts 850 13,889 (13,789 ) 950 Reserve for customer deductions 2,979 22,420 (20,361 ) 5,038 Deferred tax asset valuation allowance 171 — (59 ) 112 Total $ 4,263 $ 36,361 $ (34,254) $ 6,370

Supplementary Quarterly Data (U

Supplementary Quarterly Data (Unaudited)	12 Months Ended
	Jun. 25, 2020
Quarterly Financial Information Disclosure [Abstract]
Supplementary Quarterly Data (Unaudited)	NOTE 19 — SUPPLEMENTARY QUARTERLY DATA (Unaudited) The following unaudited quarterly consolidated financial data are presented for fiscal 2020 and fiscal 2019. Quarterly financial results necessarily rely on estimates and caution is required in drawing specific conclusions from quarterly consolidated results. First Quarter Second Quarter Third Quarter Fourth Quarter Year Ended June 25, 2020: Net sales $ 217,846 $ 246,423 $ 211,624 $ 204,199 * Gross profit 42,248 49,980 42,805 40,742 Income from operations 19,062 24,466 19,397 15,622 Net income 12,926 17,461 13,466 10,257 Basic earnings per common share $ 1.13 $ 1.52 $ 1.17 $ 0.89 Diluted earnings per common share $ 1.12 $ 1.52 $ 1.17 $ 0.89 Cash dividends declared per common share $ 3.00 $ 2.00 $ — $ 1.00 * The decrease in net sales was primarily attributable to a 3.3% decrease in weighted average selling price per pound, combined with a decrease in sales volume for foodservice customers in our commercial ingredients distribution channel as a result of the COVID-19 First Quarter Second Quarter Third Quarter Fourth Quarter Year Ended June 27, 2019: Net sales $ 204,288 $ 253,317 $ 201,834 $ 216,762 Gross profit 32,954 42,883 38,815 43,618 Income from operations 10,052 16,640 15,408 16,424 Net income 6,606 11,264 10,331 11,265 Basic earnings per common share $ 0.58 $ 0.99 $ 0.90 $ 0.98 Diluted earnings per common share $ 0.57 $ 0.98 $ 0.90 $ 0.98 Cash dividends declared per common share $ 2.55 $ — $ — $ —

Garysburg, North Carolina Facil

Garysburg, North Carolina Facility	12 Months Ended
	Jun. 25, 2020
Damage From Fire In Business Unit [Abstract]
Garysburg, North Carolina Facility	NOTE 20 GARYSBURG, NORTH CAROLINA FACILITY On October 7, 2019 we experienced a fire at our peanut processing facility located in Garysburg, North Carolina. No personnel were injured, and there was no damage to our peanut shelling and inventory storage areas. The fire occurred in our roasting room where all of the roasting equipment was destroyed. The fire also damaged some equipment in our packaging room and a portion of the roof. We contracted with a third party to roast and salt our inshell peanuts to meet our current production requirements. We did not experience any negative impact on our customer service levels or a material adverse impact on our operating or financial results for the 2020 fiscal year. After evaluating our options with regard to our peanut production operations, the Company is considering strategic alternatives for this facility and currently plans to cease all operations at the Garysburg facility permanently in fiscal 2021. We will finish shelling the current crop of peanuts at this facility, which is estimated to take approximately four to seven more months, after which the facility will continue to be used to store and ship inshell peanuts through the remainder of fiscal 2021. We ceased roasting operations in the second quarter of this fiscal year, which resulted in a partial reduction in the workforce at this facility and we recognized an immaterial amount of separation costs in the second quarter of fiscal 2020. We have adequate property damage and business interruption insurance, subject to applicable deductibles. To date, approximately $2,000 in clean-up

Subsequent Event

Subsequent Event	12 Months Ended
	Jun. 25, 2020
Subsequent Events [Abstract]
Subsequent Event	NOTE 21 — SUBSEQUENT EVENT On July 9, 2020, our Board of Directors declared a special cash dividend of $

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 25, 2020
Accounting Policies [Abstract]
Basis of Presentation and Consolidation and Description of Business	Basis of Presentation and Consolidation and Description of Business Our consolidated financial statements include the accounts of John B. Sanfilippo & Son, Inc., and our wholly-owned subsidiary, JBSS Ventures, LLC. Our fiscal year ends on the last Thursday of June each year, and typically consists of fifty-two We are one of the leading processors and distributors of peanuts, pecans, cashews, walnuts Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts, Sunshine Country
Management Estimates	Management Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include reserves for customer deductions, the quantity of bulk inventories, the evaluation of recoverability of long-lived assets, and assumption annual discount rate utilized in determining the . , particularly due to the uncertain impact of COVID-19 on the Company and its customers .
Accounts Receivable	Accounts Receivable Accounts receivable are stated at the amounts charged to customers, less allowances for doubtful accounts and reserves for estimated cash discounts and customer deductions. The allowance for doubtful accounts is calculated by specifically identifying customers that are credit risks and estimating the extent that other non-specifically
Inventories	Inventories Inventories, which consist principally of inshell bulk-stored nuts, shelled nuts, dried fruit and processed and packaged nut products, are stated at the lower of cost (first-in, first-out) (first-in, first-out) pursuant , which historically averaged less than 1.0% of inventory purchases, We enter into walnut purchase agreements with growers typically in our first fiscal quarter, under which they deliver their walnut crop to us during the fall harvest season (which typically occurs in our first and second fiscal quarters). Pursuant to our walnut purchase agreements, we determine the final price for this inventory after receipt and typically by the end of our third fiscal quarter. Since the ultimate purchase price to be paid is determined subsequent to receiving the walnut crop, we typically estimate the final purchase price for our first and second quarter interim financial statements based on crop size, quality, current market prices and other factors. Any such changes in estimates, which could be significant, are accounted adjusting
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost. Major improvements that extend the useful life, add capacity or add functionality are capitalized and charged to expense through depreciation. Repairs and maintenance costs are charged to expense as incurred. The cost and accumulated depreciation of assets sold or retired are removed from the respective accounts, and any gain or loss is recognized currently in operating income. Depreciation expense for the last three fiscal years is as follows: Year Ended June 25, 2020 Year Ended June 27, 2019 Year Ended June 28, 2018 Depreciation expense $ 15,433 $ 14,017 $ 13,414 Cost is depreciated using the straight-line method over the following estimated useful lives: Classification Estimated Useful Lives Buildings 10 to 40 years Machinery and equipment 5 to 10 years Furniture and leasehold improvements 5 to 10 years Vehicles 3 to 5 years Computers and software 3 to 10 years No interest costs were capitalized for the last three fiscal years due to the lack of any significant
Business Combinations	Business Combinations We use the acquisition method in accounting for acquired businesses. Under the acquisition method, our financial statements reflect the operations of an acquired business starting from the completion of the acquisition. The assets acquired and liabilities assumed are recorded at their respective estimated fair values at the date of the acquisition. Any excess of the purchase price over the estimated fair values of the identifiable net assets acquired is recorded as goodwill.
Segment Reporting	Segment Reporting We operate in a single three
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets We review held and used long-lived assets, including our rental investment property and amortizable identifiable intangible assets (e.g., customer relationships and brand names), to assess recoverability from projected undiscounted cash flows whenever events or changes in facts and circumstances indicate that the carrying value of the assets may not be recoverable. When such events occur, we compare the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset or asset group to the carrying amount of the long-lived asset or asset group. The cash flows are based on our best estimate of future cash flows derived from the most recent business projections. If this comparison indicates there is an impairment, the carrying value of the asset is reduced to its estimated fair value. We did not record any impairment of long-lived assets for the last three fiscal years.
Goodwill	Goodwill Goodwill currently represents the excess of the purchase price over the fair value of the net assets from our acquisition Goodwill is not amortized, but is tested annually as of the last day of each fiscal year for impairment, or whenever events or changes in circumstances indicate it is more likely than not that the carrying amount of the reporting unit is greater than its fair value. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include deterioration in general economic conditions, adverse changes in the markets in which we operate, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill. In testing goodwill for impairment, we have the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not (more than 50%) that the estimated fair value of our single reporting unit is less than its carrying amount. If we elect to perform a qualitative assessment and determine that an impairment is more likely than not, we are then required to perform a quantitative impairment test, otherwise no further analysis is required. We also may elect not to perform the qualitative assessment and, instead, proceed directly to the quantitative impairment test. Under the goodwill qualitative assessment, various events and circumstances that would affect the estimated fair value of our single reporting unit are identified (similar to impairment indicators above). During fiscal 2020 we elected to perform a qualitative impairment test which showed no indicators of goodwill impairment, despite the market uncertainty surrounding the impact of COVID-19 Under the goodwill quantitative impairment test, the evaluation of impairment involves comparing the current fair value of our single reporting unit to its carrying value, including goodwill. We estimate the fair value using level 3 inputs as defined by the fair value hierarchy. The inputs used to estimate Our market capitalization is also an estimate of fair value that is considered in our qualitative impairment analysis which is a level 1 input in the fair value hierarchy.
Facility Consolidation Project/Real Estate Transactions	Facility Consolidation Project/Real Estate Transactions In April 2005, we acquired property to be used for the Elgin Site. Two buildings are located on the Elgin Site, one of which is an office building. Approximately 67% of the rentable area in the office building is currently vacant. Approximately 29% of the rentable area has not been built-out. The net rental expense from the office building is included in the caption “Rental and miscellaneous expense, net”. See Note 3 — “Leases” below for additional information.
Fair Value of Financial Instruments	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 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 June 25, 2020 and June 27, 2019 because of the short-term maturities and nature of these balances. The carrying value of our Credit Facility (as defined in Note 6 — “Revolving Credit Facility” in the Notes to Consolidated Financial Statements below) borrowings approximates fair value at June 25, 2020 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: June 25, 2020 June 27, 2019 Carrying value of long-term debt: $ 20,059 $ 27,798 Fair value of long-term debt: 20,186 27,720 The estimated fair value of 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.
Revenue Recognition	Revenue Recognition The Company records revenue based on a five-step model in accordance with ASC Topic 606, Revenue from Contracts with Customers under recognition
Significant Customers and Concentration of Credit Risk	Significant Customers and Concentration of Credit Risk The highly competitive nature of our business provides an environment for the loss of customers and the opportunity to gain new customers. We are subject to concentrations of credit risk, primarily in trade accounts receivable, and we attempt to mitigate this risk through our credit evaluation process, collection terms and through geographical dispersion of sales. Sales to two customers exceeded 10% of net sales during both
Marketing and Advertising Costs	Marketing and Advertising Costs Marketing and advertising costs are incurred to promote and support branded products in the consumer Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Marketing and advertising expense $ 8,997 $ 11,936 $ 11,290
Shipping and Handling Costs	Shipping and Handling Costs Shipping and handling costs, which include freight and other expenses to prepare finished goods for shipment, are included in selling expenses. Shipping and handling costs for the last three fiscal years were as follows: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Shipping and handling costs $ 21,613 $ 23,086 $ 20,418
Research and Development Expenses	Research and Development Expenses Research and development expense represents the cost of our research and development personnel and their related expenses and is charged to selling expenses as incurred. Research and development expenses for the last three fiscal years were as follows: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Research and development expense $ 999 $ 892 $ 701
Stock-Based Compensation	Stock-Based Compensation We account for stock-based employee compensation arrangements in accordance with the provisions of ASC Topic 718, Compensation — Stock Compensation
Income Taxes	Income Taxes We account for income taxes using an asset and liability approach that requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been reported in our financial statements or tax returns. Such items give rise to differences in the financial reporting and tax basis of assets and liabilities. A valuation allowance is recorded to reduce the carrying amount of deferred tax assets if it is more likely than not that all or a portion of the asset will not be realized. In estimating future tax consequences, we consider all expected future events other than changes in tax law or rates. We record liabilities for uncertain income tax positions based on a two-step We recognize interest and penalties accrued related to unrecognized tax benefits in the “Income tax expense” caption in the Consolidated Statement of Comprehensive Income. We evaluate the realization of deferred tax assets by considering our historical taxable income and future taxable income based upon the reversal of deferred tax liabilities. As of June 25, 2020, we believe that our deferred tax assets are fully realizable.
Earnings per Share	Earnings per Share Basic earnings per common share are calculated using the weighted average number of shares of Common Stock and Class A Stock outstanding during the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue Common Stock were exercised or converted into Common Stock or resulted in the issuance of Common Stock. The following table presents the reconciliation of the weighted average shares outstanding used in computing basic and diluted earnings per share: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Weighted average number of shares outstanding — basic 11,463,968 11,430,174 11,383,080 Effect of dilutive securities: Stock options and restricted stock units 72,823 71,238 66,306 Weighted average number of shares outstanding — diluted 11,536,791 11,501,412 11,449,386 The following table presents a summary of anti-dilutive awards excluded from the computation of diluted earnings per share: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Weighted average number of anti-dilutive shares: 7,010 — — Weighted average exercise price per share: $ 90.26 $ — $ —
Comprehensive Income	Comprehensive Income We account for comprehensive income in accordance with ASC Topic 220, Comprehensive Income non-owner
Recent Accounting Pronouncements	Recent Accounting Pronouncements The following recent accounting pronouncements have been adopted in the current fiscal year: 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. No. 2018-20 Leases (Topic 842) – Narrow Scope Improvements for Lessors non-lease No. 2019-01 Leases (Topic 842) – Codification Improvements No. 2016-02. We have implemented processes and information technology tools to assist in our compliance with Topic 842. We have also updated our accounting policies and internal controls that are impacted by the new guidance. We adopted ASU No. 2016-02 use-of-hindsight non-lease In February 2018, the FASB issued ASU No. 2018-02 “Income Statement – Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income” No. 2018-02 5 2018-02 The following recent accounting pronouncements have not yet been adopted: In March 2020, the FASB issued ASU No. 2020-04 Reference Rate Reform (Topic 848) s In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (Topic 740) 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 June 2016, the FASB issued ASU No. 2016-13 Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments information to inform credit loss estimates. This Update fiscal and

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 25, 2020
Accounting Policies [Abstract]
Depreciation Expense for Last Three Fiscal Years	Depreciation expense for the last three fiscal years is as follows: Year Ended June 25, 2020 Year Ended June 27, 2019 Year Ended June 28, 2018 Depreciation expense $ 15,433 $ 14,017 $ 13,414
Estimated Useful Lives of Property, Plant and Equipment	Cost is depreciated using the straight-line method over the following estimated useful lives: Classification Estimated Useful Lives Buildings 10 to 40 years Machinery and equipment 5 to 10 years Furniture and leasehold improvements 5 to 10 years Vehicles 3 to 5 years Computers and software 3 to 10 years
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: June 25, 2020 June 27, 2019 Carrying value of long-term debt: $ 20,059 $ 27,798 Fair value of long-term debt: 20,186 27,720
Marketing and Advertising Expenses, Recorded in Selling Expenses	These costs are generally expensed as incurred, recorded in selling expenses and were as follows for the last three fiscal years: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Marketing and advertising expense $ 8,997 $ 11,936 $ 11,290
Shipping and Handling Cost for Last Three Fiscal Years	Shipping and handling costs for the last three fiscal years were as follows: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Shipping and handling costs $ 21,613 $ 23,086 $ 20,418
Research and Development Expenses for Last Three Fiscal Years	Research and development expenses for the last three fiscal years were as follows: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Research and development expense $ 999 $ 892 $ 701
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: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Weighted average number of shares outstanding — basic 11,463,968 11,430,174 11,383,080 Effect of dilutive securities: Stock options and restricted stock units 72,823 71,238 66,306 Weighted average number of shares outstanding — diluted 11,536,791 11,501,412 11,449,386
Summary of Anti-dilutive Awards Excluded from Computation of Diluted Earnings Per Share	The following table presents a summary of anti-dilutive awards excluded from the computation of diluted earnings per share: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Weighted average number of anti-dilutive shares: 7,010 — — Weighted average exercise price per share: $ 90.26 $ — $ —

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Jun. 25, 2020
Revenue from Contract with Customer [Abstract]
Summary of Revenue Disaggregated by Sales Channel	Revenue disaggregated by distribution channel is as follows: For the Year Ended Distribution Channel June 25, 2020 June 27, 2019 Consumer $ 673,989 $ 624,585 Commercial Ingredients 118,464 141,099 Contract Packaging 87,639 110,517 Total $ 880,092 $ 876,201

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 25, 2020
Leases [Abstract]
Supplemental information related to operating lease right-of-use assets and liabilities	The following table provides supplemental information related to operating lease right-of-use June 25, 2020 Affected Line Item in Consolidated Balance Sheet Assets Operating lease right-of-use $ 4,351 Operating lease right-of-use Total lease right-of-use $ 4,351 Liabilities Current: Operating leases $ 1,376 Other accrued expenses Noncurrent: Operating leases 2,990 Long-term operating lease liabilities Total lease liabilities $ 4,366
Summary of company's total lease costs and other information arising from operating lease transactions	The following tables summarize the Company’s total lease costs and other information arising from operating lease transactions: For the Year Ended June 25, 2020 Operating lease costs (a) $ 1,701 Variable lease costs (b) 63 Total Lease Cost $ 1,764 (a) Includes short-term leases which are immaterial. (b) Variable lease costs consist of sales tax.
Supplemental cash flow and other information related to leases	Supplemental cash flow and other information related to leases was as follows: For the Year Operating cash flows information: Cash paid for amounts included in measurements for lease liabilities $ 1,545 Non-cash Right-of-use $ 393
Summary of other information	June 25, 2020 Weighted Average Remaining Lease Term (in years) 3.4 Weighted Average Discount Rate 4.4 %
Summary of maturities of operating lease liabilities	Maturities of operating lease liabilities as of June 25, 2020 are as follows: Fiscal year ending June 24, 2021 $ 1,534 June 30, 2022 1,373 June 29, 2023 1,120 June 27, 2024 507 June 26, 2025 152 Thereafter 2 Total lease payments 4,688 Less imputed interest (322 ) Present value of operating lease liabilities $ 4,366
Schedule of future minimum payments under non-cancelable operating leases	As the Company has not recast prior year information for its adoption of Topic 842, the following presents its future minimum lease payments for operating leases under Topic 840 on June 27, 2019: Fiscal year ending June 25, 2020 $ 1,715 June 24, 2021 1,540 June 30, 2022 1,392 June 29, 2023 1,109 June 27, 2024 464 Thereafter 133 $ 6,353
Summary of operating lease revenue	Leasing revenue is as follows: For the Year Ended June 25, 2020 Lease income related to lease payments $ 1,967
Undiscounted fixed lease consideration under non-cancelable tenant operating leases	The future minimum, undiscounted cash flows under non-cancelable consistent Fiscal year ending June 24, 2021 $ 1,948 June 30, 2022 1,707 June 29, 2023 1,737 June 27, 2024 1,766 June 26, 2025 1,228 Thereafter 1,284 $ 9,670

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jun. 25, 2020
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consist of the following: June 25, 2020 June 27, 2019 Raw material and supplies $ 69,276 $ 58,927 Work-in-process 102,792 98,097 $ 172,068 $ 157,024

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jun. 25, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Components of Identifiable Intangible Assets	Intangible assets subject to amortization consist of the following: June 25, 2020 June 27, 2019 Customer relationships $ 21,100 $ 21,100 Non-compete 270 270 Brand names 16,990 16,990 Total intangible assets, gross 38,360 38,360 Less accumulated amortization: Customer relationships (16,223 ) (14,466 ) Non-compete (139 ) (86 ) Brand names (9,873 ) (9,182 ) Total accumulated amortization (26,235 ) (23,734 ) Net intangible assets $ 12,125 $ 14,626
Amortization of Intangible Assets	Total amortization expense related to intangible assets, which is classified in administrative expense in the Consolidated Statement of Comprehensive Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Amortization of intangible assets $ 2,501 $ 3,028 $ 2,016
Summary of Expected Amortization Expense	Expected amortization expense the next five fiscal years is as follows: Fiscal year ending June 24, 2021 2,165 June 30, 2022 1,896 June 29, 2023 1,657 June 27, 2024 1,414 June 26, 2025 1,156
Summary of Changes in Carrying Amount of Goodwill	The changes in the carrying amount of goodwill during the two fiscal years ended June 25, 2020 are as follows: Gross goodwill balance at June 29, 2018 $ 18,416 Accumulated impairment losses (8,766 ) Net balance at June 29, 2018 9,650 Fiscal 2019 and 2020 activity — Balance at June 25, 2020 $ 9,650

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Jun. 25, 2020
Debt Disclosure [Abstract]
Long-term Debt	Long-term debt consists of the following: June 25, 2020 June 27, 2019 Mortgage Facility (“Tranche A”), collateralized by real property, due in monthly installments of $230 including interest at 4.25% per annum with a final payment due March 1, 2023 $ 7,144 $ 9,542 Mortgage Facility (“Tranche B”), collateralized by real property, due in monthly installments of $57 including interest at 4.25% per annum with a final payment due March 1, 2023 1,786 2,386 Squirrel Brand Seller-Financed Note January 20 1,597 5,750 Selma, Texas facility financing obligation to related parties, due in monthly installments of $103 through September 1, 2026 9,532 10,120 Unamortized debt issuance costs (44 ) (79 ) 20,015 27,719 Less: Current maturities, net of unamortized debt issuance costs (5,285 ) (7,338 ) Total long-term debt, net of unamortized debt issuance costs $ 14,730 $ 20,381
Aggregate Maturities of Long-term Debt	Aggregate maturities of long-term debt are as follows for the fiscal years ending: June 24, 2021 5,309 June 30, 2022 3,890 June 29, 2023 3,213 June 27, 2024 722 June 26, 2025 775 Thereafter 6,150 $ 20,059

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 25, 2020
Income Tax Disclosure [Abstract]
Provision for Income Taxes	The provision for income taxes is based entirely on income before income taxes earned in the United States, and is as follows for the last three fiscal years: For the Year Ended: June 25, 2020 June 27, 2019 June 28, 2018 Current: Federal $ 14,588 $ 10,309 $ 10,722 State 3,909 2,951 2,464 Total current expense 18,497 13,260 13,186 Deferred: Deferred federal 137 395 3,902 Deferred state (33 ) (693 ) (238 ) Total deferred expense (benefit) 104 (298 ) 3,664 Total income tax expense $ 18,601 $ 12,962 $ 16,850
Reconciliations of Income Taxes at Statutory Federal Income Tax Rate	The reconciliations of income taxes at the statutory federal income tax rate to income tax expense reported in the Consolidated Statements of Comprehensive Income for the last three fiscal years are as follows: June 25, 2020 June 27, 2019 June 28, 2018 Federal statutory income tax rate 21.0 % 21.0 % 28.1 % State income taxes, net of federal benefit 4.2 3.1 3.1 Impact of Tax Reform — — 6.3 Section 162(m) Limitation 1.2 1.1 — Research and development tax credit (0.3 ) (0.3 ) (0.2 ) Domestic manufacturing deduction — — (2.2 ) Windfall tax benefits (0.4 ) (0.2 ) (1.0 ) Uncertain tax positions — 0.1 0.1 Other (0.1 ) (0.1 ) (0.1 ) Effective tax rate 25.6 % 24.7 % 34.1 %
Deferred Tax Assets and Liabilities	Deferred tax assets and liabilities are comprised of the following: June 25, 2020 June 27, 2019 Deferred tax assets (liabilities): Accounts receivable $ 355 $ 332 Employee compensation 1,534 1,673 Inventory 189 309 Depreciation and amortization (11,260 ) (10,847 ) Capitalized leases 1,145 1,117 Goodwill and intangible assets 2,885 3,182 Retirement plan 8,373 6,599 Workers’ compensation 1,932 1,862 Share based compensation 1,344 1,305 Other 291 191 Net deferred tax asset — long term 6,788 5,723
Schedule of Reconciliation of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of gross unrecognized tax benefits is as follows: June 25, 2020 June 27, 2019 June 28, 2018 Beginning balance $ 240 $ 207 $ 174 Gross increases — tax positions in prior year 16 — 6 Gross decreases — tax positions in prior year (24 ) (6 ) — Settlements — — — Gross increases — tax positions in current year 60 39 27 Lapse of statute of limitations (89 ) — — Ending balance $ 203 $ 240 $ 207
Unrecognized Tax Benefits	Unrecognized tax benefits, that if recognized, would affect the annual effective tax rate on income from continuing operations, are as follows: June 25, 2020 June 27, 2019 June 28, 2018 Unrecognized tax benefits that would affect annual effective tax rate $ 196 $ 217 $ 177

Stock-Based Compensation Plans

Stock-Based Compensation Plans (Tables)	12 Months Ended
	Jun. 25, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Activity	The following is a summary of stock option activity for the year ended June 25, 2020: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at June 27, 2019 500 $ 8.71 Granted — — Exercised (500 ) 8.71 Forfeited — — Outstanding and exercisable at June 25, 2020 — $ — — $ —
Summary of Total Intrinsic Value of All Options Exercised and Total Cash Received from Exercise of Options	The following table summarizes the total intrinsic value of all options exercised and the total cash received from the exercise of options for the last three fiscal years: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Total intrinsic value of options exercised $ 38 $ — $ 79 Total cash received from exercise of options $ 4 $ — $ 16
Summary of RSU Activity	The following is a summary of RSU activity for the year ended June 25, 2020: Restricted Stock Units Shares Weighted- Average Grant- Fair Value Outstanding at June 27, 2019 188,992 $ 46.79 Granted 38,572 91.47 Vested (a) (38,333 ) 60.55 Forfeited (22,352 ) 64.28 Outstanding at June 25, 2020 166,879 $ 51.62
Summary of Compensation Cost and Income Tax Benefit	The following table summarizes compensation cost charged to earnings for all equity compensation plans and the total income tax benefit recognized for the last three fiscal years: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Compensation cost charged to earnings $ 2,472 $ 2,644 $ 2,796 Income tax benefit recognized 618 661 895

Cash Dividends (Tables)

Cash Dividends (Tables)	12 Months Ended
	Jun. 25, 2020
Text Block [Abstract]
Summary of Cash Dividends	Our Board of Directors declared the following cash dividends payable in fiscal Declaration Date Record Date Dividend Per Total Payment Date April 29, 2020 May 27, 2020 $ 1.00 $ June 17, 2020 October 29, 2019 November 26, 2019 $ 2.00 $ December 10, 2019 July 10, 2019 August 6, 2019 $ 3.00 $ August 20, 2019 July 10, 2018 August 3, 2018 $ 2.55 $ August 17, 2018

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Jun. 25, 2020
Postemployment Benefits [Abstract]
Expense for 401(k) Plan	Expense for the 401(k) plan was as follows for the last three fiscal years: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 401(k) plan expense $ 2,116 $ 2,040 $ 1,741
Total Route Pension Liability	The total Route pension liability was as follows for the last two fiscal years: June 25, 2020 June 27, 2019 Route pension liability $ 168 $ 251

Retirement Plan (Tables)

Retirement Plan (Tables)	12 Months Ended
	Jun. 25, 2020
Retirement Benefits [Abstract]
Changes in Projected Benefit Obligation	The following table presents the changes in the projected benefit obligation for the fiscal years ended: June 25, 2020 June 27, 2019 Change in projected benefit obligation Projected benefit obligation at beginning of year $ 25,382 $ 21,934 Service cost 712 610 Interest cost 892 895 Actuarial loss 5,872 2,597 Benefits paid (654 ) (654 ) Projected benefit obligation at end of year $ 32,204 $ 25,382
Components of Actuarial (Gain) Loss Portion of Change in Projected Benefit Obligation	Components of the actuarial loss (gain) portion of the change in projected benefit obligation are presented below for the fiscal years ended: June 25, 2020 June 27, 2019 June 28, 2018 Actuarial Loss (Gain) Change in assumed pay increases $ 2,352 $ 293 $ (56 ) Change in discount rate 4,285 2,174 (523 ) Change in mortality assumptions (1,083 ) (69 ) (117 ) Other 318 199 185 Actuarial loss (gain) $ 5,872 $ 2,597 $ (511 )
Schedule of Net Periodic Pension Cost	The components of the net periodic pension cost are as follows for the fiscal years ended: June 25, 2020 June 27, 2019 June 28, 2018 Service cost $ 712 $ 610 $ 607 Interest cost 892 895 851 Recognized loss amortization 417 95 162 Prior service cost amortization 957 957 957 Net periodic pension cost $ 2,978 $ 2,557 $ 2,577
Assumptions to Calculate Benefit Obligation and Net Periodic Costs of SERP	We used the following assumptions to calculate : June 25, 2020 June 27, 2019 Discount rate 2.69% 3.56% Average rate of compensation increases 3.38% 4.13% Bonus payment 60% - 95 of base, paid 4 of 5 years 60% - 85 of base, paid 4 of 5 years We used the following assumptions to calculate the net periodic costs of our SERP as follows for the fiscal years ended: June 25, 2020 June 27, 2019 June 28, 2018 Discount rate 3.56% 4.14% 3.99% Rate of compensation increases 4.13% 3.38% 4.50% Mortality RP-2014 collar with MP- 2018 scale RP-2014 collar with MP- 2017 scale RP-2014 collar with MP- 2016 scale Bonus payment 60% - 85% base, paid 4 of 5 years 60% - 85% base, paid 4 of 5 years 60% - 85% base, paid 4 of 5 years
Benefits Expected to be Paid in Next Ten Fiscal Years	The following table presents the benefits expected to be paid in the next ten fiscal years: Fiscal year 2021 $ 631 2022 758 2023 704 2024 650 2025 1,257 2026 — 2030 6,999
Components of AOCL	The following table presents the components of AOCL that have not yet been recognized in net pension expense: June 25, 2020 June 27, 2019 Unrecognized net loss $ (10,909 ) $ (5,453 ) Unrecognized prior service cost (478 ) (1,435 ) Tax effect 2,757 2,563 Net amount unrecognized $ (8,630 ) $ (4,325 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Jun. 25, 2020
Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the last two fiscal years. These changes are all related to our defined benefit pension plan. Changes to AOCL (a) Year Ended June 25, 2020 Year Ended June 27, 2019 Balance at beginning of period $ (4,325 ) $ (3,181 ) Other comprehensive loss before reclassifications (5,872 ) (2,597 ) Amounts reclassified from accumulated other comprehensive loss 1,374 1,052 Tax effect 1,169 401 Net current-period other comprehensive loss (3,329 ) (1,144 ) Impact of adopting ASU 2018-02 (b) (976 ) — Balance at end of period $ (8,630 ) $ (4,325 ) ( a Amounts in parenthesis indicate debits/expense. ( b Refer to Recent Accounting Pronouncements in Note 1 — “Significant Accounting Policies” for additional information.
Reclassifications Out of AOCL	The reclassifications out of accumulated other comprehensive loss for the last two fiscal years were as follows: Reclassifications from AOCL to earnings (c) Year Ended June 25, 2020 Year Ended June 27, 2019 Affected line item in the Consolidated Statements of Comprehensive Income Amortization of defined benefit pension items: Unrecognized prior service cost $ (957 ) $ (957 ) Other expense Unrecognized net loss (417 ) (95 ) Other expense Total before tax (1,374 ) (1,052 ) Tax effect 358 274 Income tax expense Amortization of defined pension items, net of tax $ (1,016 ) $ (778 ) (c) Amounts in parenthesis indicate debits to expense. See Note 14 — “Retirement Plan” above for additional details.

Transactions with Related Par_2

Transactions with Related Parties (Tables)	12 Months Ended
	Jun. 25, 2020
Related Party Transactions [Abstract]
Summary of Transactions with Related Party	we also purchased materials from a company that until July 2017 was owned by three members of our Board of Directors, two of whom are also executive officers, and individuals directly related to them. Purchases from this related party aggregated to the following for the years ending: Year ended June 25, 2020 Year ended June 27, 2019 Year ended June 28, 2018 Purchases from related party $ — $ — $ 360

Product Type Sales Mix (Tables)

Product Type Sales Mix (Tables)	12 Months Ended
	Jun. 25, 2020
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Sales by Product Type as Percentage of Gross Sales	The following table summarizes sales by product type as a percentage of total gross sales. The information is based upon gross sales, rather than net sales, because certain adjustments, such as promotional discounts, are not allocable to product types, for the fiscal year ended: Product Type June 25, 2020 June 27, 2019 June 28, 2018 Peanuts 18.2 % 18.0 % 15.7 % Pecans 10.3 12.9 14.0 Cashews & Mixed Nuts 23.2 23.0 24.6 Walnuts 7.2 8.9 9.0 Almonds 14.7 14.4 15.5 Trail & Snack Mixes 21.1 17.3 15.5 Other 5.3 5.5 5.7 100.0 % 100.0 % 100.0 %

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts and Reserves (Tables)	12 Months Ended
	Jun. 25, 2020
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Activity in Various Allowance and Reserve Accounts	The following table details the activity in various allowance and reserve accounts. Description Balance at Beginning of Period Additions Deductions Balance at End of Period June 25, 2020 Allowance for doubtful accounts $ 350 $ 209 $ (168) $ 391 Reserve for cash discounts 925 15,650 (15,600 ) 975 Reserve for customer deductions 4,757 27,036 (26,316 ) 5,477 Total $ 6,032 $ 42,895 $ (42,084) $ 6,843 June 27, 2019 Allowance for doubtful accounts $ 270 $ 150 $ (70) $ 350 Reserve for cash discounts 950 14,721 (14,746 ) 925 Reserve for customer deductions 5,038 24,581 (24,862 ) 4,757 Deferred tax asset valuation allowance 112 — (112 ) — Total $ 6,370 $ 39,452 $ (39,790) $ 6,032 June 28, 2018 Allowance for doubtful accounts $ 263 $ 52 $ (45) $ 270 Reserve for cash discounts 850 13,889 (13,789 ) 950 Reserve for customer deductions 2,979 22,420 (20,361 ) 5,038 Deferred tax asset valuation allowance 171 — (59 ) 112 Total $ 4,263 $ 36,361 $ (34,254) $ 6,370

Supplementary Quarterly Data _2

Supplementary Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Jun. 25, 2020
Quarterly Financial Information Disclosure [Abstract]
Unaudited Quarterly Consolidated Financial Data	The following unaudited quarterly consolidated financial data are presented for fiscal 2020 and fiscal 2019. Quarterly financial results necessarily rely on estimates and caution is required in drawing specific conclusions from quarterly consolidated results. First Quarter Second Quarter Third Quarter Fourth Quarter Year Ended June 25, 2020: Net sales $ 217,846 $ 246,423 $ 211,624 $ 204,199 * Gross profit 42,248 49,980 42,805 40,742 Income from operations 19,062 24,466 19,397 15,622 Net income 12,926 17,461 13,466 10,257 Basic earnings per common share $ 1.13 $ 1.52 $ 1.17 $ 0.89 Diluted earnings per common share $ 1.12 $ 1.52 $ 1.17 $ 0.89 Cash dividends declared per common share $ 3.00 $ 2.00 $ — $ 1.00 * The decrease in net sales was primarily attributable to a 3.3% decrease in weighted average selling price per pound, combined with a decrease in sales volume for foodservice customers in our commercial ingredients distribution channel as a result of the COVID-19 First Quarter Second Quarter Third Quarter Fourth Quarter Year Ended June 27, 2019: Net sales $ 204,288 $ 253,317 $ 201,834 $ 216,762 Gross profit 32,954 42,883 38,815 43,618 Income from operations 10,052 16,640 15,408 16,424 Net income 6,606 11,264 10,331 11,265 Basic earnings per common share $ 0.58 $ 0.99 $ 0.90 $ 0.98 Diluted earnings per common share $ 0.57 $ 0.98 $ 0.90 $ 0.98 Cash dividends declared per common share $ 2.55 $ — $ — $ —

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Jun. 25, 2020USD ($)CustomerSegmentBuildings	Jun. 27, 2019USD ($)Customer	Jun. 28, 2018USD ($)Customer
Accounting Policies [Line Items]
Period to shell bulk stored nut inventories	ten to fifteen-month
Interest costs capitalized	$ 0	$ 0	$ 0
Number of reportable operating segment | Segment	1
Recorded impairments of long - lived assets	$ 0	$ 0	$ 0
Goodwill impairment	$ 0
Percentage of likelihood to record liabilities for uncertain tax positions	greater than 50
Percentage of likelihood where no benefit for uncertain tax positions is recorded	less than 50
Maximum [Member]
Accounting Policies [Line Items]
Annual inventory percentage revision estimate	1.00%
Accounts Receivable [Member]
Accounting Policies [Line Items]
Number of customers exceeding ten percent of sales | Customer	2	2	3
Accounts Receivable [Member] | Credit Concentration Risk [Member]
Accounting Policies [Line Items]
Percentage of concentration risk	44.00%	40.00%
Sales Revenue, Net [Member] | Customer Concentration Risk [Member]
Accounting Policies [Line Items]
Percentage of concentration risk	45.00%	43.00%	54.00%
Elgin Site [Member]
Accounting Policies [Line Items]
Percentage of rentable area currently vacant	67.00%
Number of buildings located on site | Buildings	2
Percentage of building currently not been built-out	29.00%

Significant Accounting Polici_5

Significant Accounting Policies - Depreciation Expense for Last Three Fiscal Years (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Depreciation [Abstract]
Depreciation expense	$ 15,433	$ 14,017	$ 13,414

Significant Accounting Polici_6

Significant Accounting Policies - Estimated Useful Lives of Property, Plant and Equipment (Detail)	12 Months Ended
	Jun. 25, 2020
Minimum [Member] | Buildings [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	10 years
Minimum [Member] | Machinery and equipment [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	5 years
Minimum [Member] | Furniture and leasehold improvements [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	5 years
Minimum [Member] | Vehicles [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	3 years
Minimum [Member] | Computers and software [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	3 years
Maximum [Member] | Buildings [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	40 years
Maximum [Member] | Machinery and equipment [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	10 years
Maximum [Member] | Furniture and leasehold improvements [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	10 years
Maximum [Member] | Vehicles [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	5 years
Maximum [Member] | Computers and software [Member]
Property Plant And Equipment Estimated Useful Lives [Line Items]
Property, plant and equipment estimated useful life	10 years

Significant Accounting Polici_7

Significant Accounting Policies - Carrying Value and Fair Value Estimate of Current and Long-Term Debt (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Fair Value Disclosures [Abstract]
Carrying value of long-term debt:	$ 20,059	$ 27,798
Fair value of long-term debt:	$ 20,186	$ 27,720

Significant Accounting Polici_8

Significant Accounting Policies - Marketing and Advertising Expenses Recorded in Selling Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Marketing and Advertising Expense [Abstract]
Marketing and advertising expense	$ 8,997	$ 11,936	$ 11,290

Significant Accounting Polici_9

Significant Accounting Policies - Shipping and Handling Cost for Last Three Fiscal Years (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Shipping And Handling Costs [Abstract]
Shipping and handling costs	$ 21,613	$ 23,086	$ 20,418

Significant Accounting Polic_10

Significant Accounting Policies - Research and Development Expenses for Last Three Fiscal Years (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Research and Development [Abstract]
Research and development expense	$ 999	$ 892	$ 701

Significant Accounting Polic_11

Significant Accounting Policies - Weighted Average Shares Outstanding Used in Computing Basic and Diluted Earnings Per Share (Detail) - shares	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Weighted average number of shares outstanding - basic	11,463,968	11,430,174	11,383,080
Effect of dilutive securities:
Stock options and restricted stock units	72,823	71,238	66,306
Weighted average number of shares outstanding - diluted	11,536,791	11,501,412	11,449,386

Significant Accounting Polic_12

Significant Accounting Policies - Summary of Anti-dilutive Awards Excluded from Computation of Diluted Earnings Per Share (Detail) - $ / shares	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Anti Dilutive Shares [Abstract]
Weighted average number of anti-dilutive shares:	7,010	0	0
Weighted average exercise price per share:	$ 90.26	$ 0	$ 0

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019
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 30 days of the invoice date
Contract assets	$ 0	$ 117

Revenue Recognition - Summary o

Revenue Recognition - Summary of Revenue Disaggregated by Sales Channel (Detail) - USD ($) $ in Thousands

3 Months Ended

12 Months Ended

Jun. 25, 2020

[1]

Mar. 26, 2020

Dec. 26, 2019

Sep. 26, 2019

Jun. 27, 2019

Mar. 28, 2019

Dec. 27, 2018

Sep. 27, 2018

Jun. 25, 2020

Jun. 27, 2019

Jun. 28, 2018

Disaggregation of Revenue [Line Items]

Total

$ 204,199

$ 211,624

$ 246,423

$ 217,846

$ 216,762

$ 201,834

$ 253,317

$ 204,288

$ 880,092

$ 876,201

$ 888,931

Consumer [Member]

Disaggregation of Revenue [Line Items]

Total

673,989

624,585

Commercial Ingredients [Member]

Disaggregation of Revenue [Line Items]

Total

118,464

141,099

Contract Packaging [Member]

Disaggregation of Revenue [Line Items]

Total

$ 87,639

$ 110,517

[1]

The decrease in net sales was primarily attributable to a 3.3% decrease in weighted average selling price per pound, combined with a decrease in sales volume for foodservice customers in our commercial ingredients distribution channel as a result of the COVID-19 pandemic.

Leases - Additional Information

Leases - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018	Jun. 28, 2019
Operating Leased Assets [Line Items]
Operating lease right-of-use assets	$ 4,351
Operating lease, liability	4,366
Operating leases not yet commenced	$ 89
Rental expense under operating leases agreements		$ 1,981	$ 1,988
Gross rental income		$ 1,978	$ 1,988
Minimum [Member]
Operating Leased Assets [Line Items]
Discount rate				4.20%
Lessee operating lease lease not yet commenced term	3 years
Maximum [Member]
Operating Leased Assets [Line Items]
Discount rate				5.80%
Remaining lease term	5 years 2 months 12 days
Lessee operating lease lease not yet commenced term	5 years
Accounting Standards Update 2016-02 [Member]
Operating Leased Assets [Line Items]
Operating lease right-of-use assets				$ 5,361
Operating lease, liability				$ 5,320

Leases - Operating Lease Assets

Leases - Operating Lease Assets And Liabilities (Detail) $ in Thousands	Jun. 25, 2020USD ($)
Assets
Operating lease right-of-use assets	$ 4,351
Noncurrent
Operating Lease, Liability, Noncurrent	2,990
Total lease liabilities	4,366
Operating LeaseRight Of UseAssets [Member]
Assets
Operating lease right-of-use assets	4,351
Other Liabilities [Member]
Current
Operating Lease, Liability, Current	1,376
Non Current Operating Lease Liabilities [Member]
Noncurrent
Operating Lease, Liability, Noncurrent	$ 2,990

Leases - LeaseCost (Detail)

Leases - LeaseCost (Detail) $ in Thousands	12 Months Ended
	Jun. 25, 2020USD ($)
Leases [Abstract]
Operating lease costs	$ 1,701
Variable lease costs	63
Total Lease Cost	$ 1,764

Leases - Operating Leases Cash

Leases - Operating Leases Cash Flow Related Information (Detail) $ in Thousands	12 Months Ended
	Jun. 25, 2020USD ($)
Operating cash flows information:
Cash paid for amounts included in measurements for lease liabilities	$ 1,545
Non-cash activity:
Right of use assets obtained in exchange for new operating lease obligations	$ 393

Leases - Other Information Rela

Leases - Other Information Related to Operating Lease (Detail)	Jun. 25, 2020
Leases [Abstract]
Weighted Average Remaining Lease Term (in years)	3 years 4 months 24 days
Weighted Average Discount Rate	4.40%

Leases - Lessee Operating Lease

Leases - Lessee Operating Lease Liability Maturity (Detail) $ in Thousands	Jun. 25, 2020USD ($)
Leases [Abstract]
June 24, 2021	$ 1,534
June 30, 2022	1,373
June 29, 2023	1,120
June 27, 2024	507
June 26, 2025	152
Thereafter	2
Total lease payments	4,688
Less imputed interest	(322)
Present value of operating lease liabilities	$ 4,366

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Rental Payments for Operating Leases (Detail) $ in Thousands	Jun. 27, 2019USD ($)
Leases [Abstract]
June 25, 2020	$ 1,715
June 24, 2021	1,540
June 30, 2022	1,392
June 29, 2023	1,109
June 27, 2024	464
Thereafter	133
Total	$ 6,353

Leases - Operating Lease Revenu

Leases - Operating Lease Revenue (Detail) $ in Thousands	12 Months Ended
	Jun. 25, 2020USD ($)
Leases [Abstract]
Lease income related to lease payments	$ 1,967

Leases - Lessor Operating Lease

Leases - Lessor Operating Lease Payments To Be Received Maturity (Detail) $ in Thousands	Jun. 25, 2020USD ($)
Leases [Abstract]
June 24, 2021	$ 1,948
June 30, 2022	1,707
June 29, 2023	1,737
June 27, 2024	1,766
June 26, 2025	1,228
Thereafter	1,284
Total	$ 9,670

Inventories - Components of Inv

Inventories - Components of Inventories (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Inventory Disclosure [Abstract]
Raw material and supplies	$ 69,276	$ 58,927
Work-in-process and finished goods	102,792	98,097
Total	$ 172,068	$ 157,024

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019	Jun. 29, 2018
Goodwill and Intangible Assets [Line Items]
Goodwill related to acquisition of Squirrel Brand	$ 9,650	$ 9,650	$ 9,650
Squirrel Brand [Member]
Goodwill and Intangible Assets [Line Items]
Goodwill related to acquisition of Squirrel Brand	$ 9,650

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Components of Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	$ 38,360	$ 38,360
Less accumulated amortization:
Total accumulated amortization	(26,235)	(23,734)
Net intangible assets	12,125	14,626
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	21,100	21,100
Less accumulated amortization:
Total accumulated amortization	(16,223)	(14,466)
Brand Names [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	16,990	16,990
Less accumulated amortization:
Total accumulated amortization	(9,873)	(9,182)
Non-compete Agreement [Member]
Finite-Lived Intangible Assets [Line Items]
Total intangible assets, gross	270	270
Less accumulated amortization:
Total accumulated amortization	$ (139)	$ (86)

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Amortization of Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Administrative Expenses [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets	$ 2,501	$ 3,028	$ 2,016

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Summary of Expected Amortization Expense (Detail) $ in Thousands	Jun. 25, 2020USD ($)
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
June 24, 2021	$ 2,165
June 30, 2022	1,896
June 29, 2023	1,657
June 27, 2024	1,414
June 26, 2025	$ 1,156

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Gross goodwill balance at June 29, 2018			$ 18,416
Accumulated impairment losses			(8,766)
Net balance at June 29, 2018	$ 9,650	$ 9,650	9,650
Fiscal 2019 and 2020 activity	0
Balance at June 25, 2020	$ 9,650	$ 9,650	$ 9,650

Revolving Credit Facility - Add

Revolving Credit Facility - Additional Information (Detail) - USD ($) $ in Thousands	Mar. 05, 2020	Jun. 25, 2020	Jun. 27, 2019
Tier One Alternative [Member] | Minimum [Member]
Debt Instrument [Line Items]
Revolver availability plus unrestricted cash after acquisition	$ 20,000
Tier Two Alternative [Member] | Minimum [Member]
Debt Instrument [Line Items]
Revolver availability plus unrestricted cash after acquisition	15,000
Senior Secured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Revolving loan commitment and letter of credit sub facility	$ 117,500	$ 117,500
Available credit under the Credit Facility		87,131
Revolving credit facility covenants	For permitted acquisitions, a new two-tier alternative test was added. For any acquisition by the Company, either (a) revolver availability plus unrestricted cash must be equal to or greater than $20,000 after giving effect to the acquisition, or (b) revolver availability plus unrestricted cash must be equal to or greater than $15,000 and the pro forma fixed charge coverage ratio must be equal to or greater than 1.00:1.00, in each case after giving effect to the acquisition.
Outstanding letters of credit		3,361
Revolving credit facility borrowings		$ 27,008	$ 0
Aggregate amount of dividends and distributions permitted	$ 75,000
Excess availability required under the credit facility	30,000
Revolver availability plus unrestricted cash after proposed investments	20,000
Increased threshold exclusion of dividends and distributions	40,000
Weighted average interest rate for the Credit Facility		2.40%
Minimum loan availability required before fixed charge coverage ratio covenant is applicable		$ 25,000	$ 25,000
Senior Secured Revolving Credit Facility [Member] | Incremental Revolver [Member]
Debt Instrument [Line Items]
Revolving loan commitment and letter of credit sub facility	50,000
Senior Secured Revolving Credit Facility [Member] | Purchase Money and Capital Lease Basket [Member]
Debt Instrument [Line Items]
Revolving loan commitment and letter of credit sub facility	10,000
Senior Secured Revolving Credit Facility [Member] | Unsecured Subordinated Indebtedness [Member]
Debt Instrument [Line Items]
Revolving loan commitment and letter of credit sub facility	10,000
Senior Secured Revolving Credit Facility [Member] | Additional Unsecured Subordinated Indebtedness [Member]
Debt Instrument [Line Items]
Revolving loan commitment and letter of credit sub facility	$ 20,000

Long-term Debt - Additional Inf

Long-term Debt - Additional Information (Detail)	1 Months Ended			12 Months Ended
	Nov. 30, 2017USD ($)	Sep. 30, 2015	Sep. 30, 2006USD ($)	Jun. 25, 2020USD ($)	Jun. 27, 2019USD ($)	Jun. 28, 2018USD ($)	Feb. 07, 2008USD ($)
Promissory Note [Member] | Executive Officer [Member]
Debt Disclosure [Line Items]
Interest paid on promissory note				$ 127,000	$ 413,000	$ 338,000
Mortgage Facility Tranche A [Member]
Debt Disclosure [Line Items]
Amounts of term loans							$ 36,000,000
Debt obligation outstanding				7,144,000	9,542,000
Mortgage Facility Tranche B [Member]
Debt Disclosure [Line Items]
Amounts of term loans							9,000,000
Debt obligation outstanding				$ 1,786,000	2,386,000
Selma, Texas Properties [Member]
Debt Disclosure [Line Items]
Selling price of Texas properties sold to related party partnerships			$ 14,300,000
Renewal options of Texas properties		In September 2015, we signed a lease renewal which exercised two five-year renewal options and extended the term of our Selma lease to September 18, 2026.	The lease for the Selma, Texas properties had an initial ten-year term at a fair market value rent with three five-year renewal options.
Lease term of Texas properties			10 years
Option percentage of fair value to purchase the properties				95.00%
Option percentage of fair value to purchase the properties in certain circumstances				100.00%
Debt obligation outstanding				$ 9,532,000	$ 10,120,000
Minimum amount accepted for repurchase				14,300,000
Unsecured Promissory Note [Member]
Debt Disclosure [Line Items]
Date of acquisition	Nov. 30, 2017
Business combination consideration transferred acquisition financing	$ 11,500,000
Purchase price financed by seller through unsecured promissory note,term	3 years
Unsecured promissory note, periodic payment, principal	5.5
Unsecured promissory note, periodic payment, principal	$ 319,000
Percentage of increase in interest	7.5
Outstanding balance of promissory note				1,597,000
Mortgage Facility [Member]
Debt Disclosure [Line Items]
Amounts of term loans							$ 45,000,000
Mortgage Facility contain covenants to maintain specified net worth				110,000,000
Carrying amount of assets pledged as collateral				$ 67,043,000

Long-term Debt - Long-term Debt

Long-term Debt - Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Debt Instrument [Line Items]
Unamortized debt issuance costs	$ (44)	$ (79)
Total Debt	20,015	27,719
Less: Current maturities, net of unamortized debt issuance costs	(5,285)	(7,338)
Total long-term debt, net of unamortized debt issuance costs	14,730	20,381
Mortgage Facility Tranche A [Member]
Debt Instrument [Line Items]
Amounts of term loans	7,144	9,542
Mortgage Facility Tranche B [Member]
Debt Instrument [Line Items]
Amounts of term loans	1,786	2,386
Unsecured Promissory Note [Member] | Squirrel Brand [Member]
Debt Instrument [Line Items]
Amounts of term loans	1,597	5,750
Selma, Texas Properties [Member]
Debt Instrument [Line Items]
Amounts of term loans	$ 9,532	$ 10,120

Long-term Debt - Long-term De_2

Long-term Debt - Long-term Debt (Parenthetical) (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Nov. 30, 2017	Jun. 25, 2020
Mortgage Facility Tranche A [Member]
Debt Instrument [Line Items]
Interest rate		4.25%
Monthly installment		$ 230
Long-term debt, maturity date		Mar. 1, 2023
Mortgage Facility Tranche B [Member]
Debt Instrument [Line Items]
Interest rate		4.25%
Monthly installment		$ 57
Long-term debt, maturity date		Mar. 1, 2023
Unsecured Promissory Note [Member]
Debt Instrument [Line Items]
Unsecured promissory note, periodic payment,commencement date	2018-01
Unsecured promissory note, periodic payment, principal	$ 319
Selma Texas Facility Financing Obligation Due in Installments through September 1, 2031 [Member]
Debt Instrument [Line Items]
Monthly installment		$ 103
Long-term debt, maturity date		Sep. 1, 2026
Squirrel Brand [Member] | Unsecured Promissory Note [Member]
Debt Instrument [Line Items]
Unsecured promissory note, periodic payment,commencement date		2018-01
Unsecured promissory note, periodic payment, principal		$ 319
Interest rate		5.50%
Long-term debt, maturity date		Nov. 30, 2020

Long-term Debt - Aggregate Matu

Long-term Debt - Aggregate Maturities of Long-term Debt (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Debt Disclosure [Abstract]
June 24, 2021	$ 5,309
June 30, 2022	3,890
June 29, 2023	3,213
June 27, 2024	722
June 26, 2025	775
Thereafter	6,150
Total long-term debt maturities	$ 20,059	$ 27,798

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018	Jun. 29, 2017
IncomeTaxDisclosure [Line Items]
Unrecognized tax benefits and accrued interest and penalties long-term	$ 204	$ 259
Total gross amounts of unrecognized tax benefits	$ 203	$ 240	$ 207	$ 174
Illinois [Member]
IncomeTaxDisclosure [Line Items]
Year of tax returns audit	2017 2018 2019
California [Member]
IncomeTaxDisclosure [Line Items]
Year of tax returns audit	2016 2017 2018 2019
United States [Member]
IncomeTaxDisclosure [Line Items]
Year of tax returns audit	2017 2018 2019

Income Taxes - Provision for In

Income Taxes - Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Current:
Federal	$ 14,588	$ 10,309	$ 10,722
State	3,909	2,951	2,464
Total current expense	18,497	13,260	13,186
Deferred:
Deferred federal	137	395	3,902
Deferred state	(33)	(693)	(238)
Total deferred expense (benefit)	104	(298)	3,664
Total income tax expense	$ 18,601	$ 12,962	$ 16,850

Income Taxes - Reconciliations

Income Taxes - Reconciliations of Income Taxes at Statutory Federal Income Tax Rate (Detail)	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Income Tax Disclosure [Abstract]
Federal statutory income tax rate	21.00%	21.00%	28.10%
State income taxes, net of federal benefit	4.20%	3.10%	3.10%
Impact of Tax Reform			6.30%
Section 162(m) Limitation	1.20%	1.10%
Research and development tax credit	(0.30%)	(0.30%)	(0.20%)
Domestic manufacturing deduction			(2.20%)
Windfall tax benefits	(0.40%)	(0.20%)	(1.00%)
Uncertain tax positions	0.00%	0.10%	0.10%
Other	(0.10%)	(0.10%)	(0.10%)
Effective tax rate	25.60%	24.70%	34.10%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Deferred tax assets (liabilities):
Accounts receivable	$ 355	$ 332
Employee compensation	1,534	1,673
Inventory	189	309
Depreciation and amortization	(11,260)	(10,847)
Capitalized leases	1,145	1,117
Goodwill and intangible assets	2,885	3,182
Retirement plan	8,373	6,599
Workers' compensation	1,932	1,862
Share based compensation	1,344	1,305
Other	291	191
Net deferred tax asset — long term	$ 6,788	$ 5,723

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Income Tax Disclosure [Abstract]
Beginning balance	$ 240	$ 207	$ 174
Gross increases — tax positions in prior year	16		6
Gross decreases — tax positions in prior year	(24)	(6)
Gross increases — tax positions in current year	60	39	27
Lapse of statute of limitations	(89)
Ending balance	$ 203	$ 240	$ 207

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Income Tax Disclosure [Abstract]
Unrecognized tax benefits that would affect annual effective tax rate	$ 196	$ 217	$ 177

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail)	12 Months Ended
	Jun. 25, 2020Vote$ / sharesshares	Jun. 27, 2019Vote$ / sharesshares
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
Stockholders Equity [Line Items]
Common stock, par value | $ / shares	$ 0.01	$ 0.01
Percentage of members comprising the Board of Directors elected by the holders of Common Stock	25.00%	25.00%
Noncumulative voting rights per share | Vote	1	1
Class A Common Stock [Member]
Stockholders Equity [Line Items]
Common stock, par value | $ / shares	$ 0.01	$ 0.01
Number of shares of Common Stock converted from each share of Class A Stock | shares	1	1
Number of votes per share | Vote	10	10

Stock-Based Compensation Plan_2

Stock-Based Compensation Plans - Additional Information (Detail) - USD ($) $ in Thousands	Oct. 29, 2014	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted average recognize period of unrecognized compensation cost related to non-vested share-based compensation		1 year 2 months 12 days
Unrecognized compensation expense related to non-vested share-based compensation		$ 3,307
Options granted		0	0	0
2014 Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock authorized for grants of awards under equity incentive plan	1,000,000
Common Stock authorized for future grants of award		719,269
Maximum number of stock options or stock appreciation rights awarded to an individual	500,000
Amount that may be paid to any participant for awards payable in cash or property other than Common Stock	$ 5,000
Percentage of options granted under Equity Incentive Plan exercisable annually	25.00%
2014 Omnibus Plan [Member] | Equity Grant Cap [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be awarded to participant in one calendar year	20,000
Awards To All Participants [Member] | Equity Grant Cap [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be awarded to participant in one calendar year	250,000
Restricted Stock Unit [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected weighted average recognize period of unrecognized compensation cost related to non-vested share-based compensation		1 year 2 months 12 days
Fair value of RSUs granted		$ 3,528	$ 3,334	$ 3,296
Fair value of RSUs vested		$ 2,321	$ 2,744	$ 2,680
Restricted stock units vested		57,871	55,628
Restricted Stock Unit [Member] | 2014 Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be awarded to participant in one calendar year	250,000
Restricted Stock Unit [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period of restricted stock units		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		1 year
Expiration time period	10 years
Restricted Stock [Member] | 2014 Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be awarded to participant in one calendar year	250,000
Other Stock Based Awards [Member] | 2014 Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be awarded to participant in one calendar year	250,000
Performance Shares [Member] | 2014 Omnibus Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum number of shares that may be awarded to participant in one calendar year	250,000

Stock-Based Compensation Plan_3

Stock-Based Compensation Plans - Summary of Stock Option Activity (Detail)	12 Months Ended
	Jun. 25, 2020USD ($)$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding beginning balance, Shares | shares	500
Exercised, Shares | shares	(500)
Outstanding ending balance, Shares | shares	0
Outstanding beginning Balance, Weighted-Average Exercise Price | $ / shares	$ 8.71
Exercised, Weighted-Average Exercise Price | $ / shares	8.71
Outstanding Ending Balance, Weighted-Average Exercise Price | $ / shares	$ 0
Outstanding, Weighted-Average Remaining Contractual Term in Years
Outstanding, Aggregate Intrinsic Value | $	$ 0

Stock-Based Compensation Plan_4

Stock-Based Compensation Plans - Summary of Total Intrinsic Value of All Options Exercised and Total Cash Received from Exercise of Options (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total intrinsic value of options exercised	$ 38	$ 0	$ 79
Total cash received from exercise of options	$ 4	$ 0	$ 16

Stock-Based Compensation Plan_5

Stock-Based Compensation Plans - Summary of RSU Activity (Detail)	12 Months Ended
	Jun. 25, 2020$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding beginning balance, Shares | shares	188,992
Granted, Shares | shares	38,572
Vested, Shares | shares	(38,333)	[1]
Forfeited, Shares | shares	(22,352)
Outstanding ending balance, Shares | shares	166,879
Weighted-Average Grant-Date Fair Value, Beginning Balance | $ / shares	$ 46.79
Granted, Weighted-Average Grant-Date Fair Value | $ / shares	91.47
Vested, Weighted-Average Grant-Date Fair Value | $ / shares	60.55
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares	64.28
Weighted-Average Grant-Date Fair Value, Ending Balance | $ / shares	$ 51.62
[1]	The number of RSUs vested includes shares that were withheld on behalf of employees to satisfy statutory tax withholding requirements.

Stock-Based Compensation Plan_6

Stock-Based Compensation Plans - Summary of Compensation Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Compensation cost charged to earnings	$ 2,472	$ 2,644	$ 2,796
Income tax benefit recognized	$ 618	$ 661	$ 895

Cash Dividends - Summary of Cas

Cash Dividends - Summary of Cash Dividends (Detail) - USD ($) $ / shares in Units, $ in Thousands	Apr. 29, 2020	Oct. 29, 2019	Jul. 10, 2019	Jul. 10, 2018	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Schedule Of Dividends Payable [Abstract]
Declaration Date	Apr. 29, 2020	Oct. 29, 2019	Jul. 10, 2019	Jul. 10, 2018
Record Date	May 27, 2020	Nov. 26, 2019	Aug. 6, 2019	Aug. 3, 2018
Dividend Per Share	$ 1	$ 2	$ 3	$ 2.55
Total Amount	$ 11,472	$ 22,947	$ 34,321	$ 29,074	$ 68,740	$ 29,074	$ 28,370
Payment Date	Jun. 17, 2020	Dec. 10, 2019	Aug. 20, 2019	Aug. 17, 2018

Cash Dividends - Additional Inf

Cash Dividends - Additional Information (Detail) - $ / shares	Jul. 09, 2020	Apr. 29, 2020	Oct. 29, 2019	Jul. 10, 2019	Jul. 10, 2018
Class of Stock [Line Items]
Dividend payable date, declared day		Apr. 29, 2020	Oct. 29, 2019	Jul. 10, 2019	Jul. 10, 2018
Annual cash dividend		$ 1	$ 2	$ 3	$ 2.55
Subsequent Event [Member]
Class of Stock [Line Items]
Dividend payable date, declared day	Jul. 9, 2020
Special cash dividend	$ 1.85
Annual cash dividend	$ 0.65

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Sep. 05, 2008
Defined Benefit Plan And Defined Contribution Plan Disclosure [Line Items]
Long-term liability recorded for withdrawal from multi-employer plan	$ 168	$ 251	$ 868
Monthly payment including interest based on terms of settlement with labor union	$ 8
Employee Contribution First Three Percent [Member]
Defined Benefit Plan And Defined Contribution Plan Disclosure [Line Items]
Matching percentage by employer for 401(k) plan contributions	100.00%
Percent of employee contribution under contributory plan	3.00%
Employee Contribution Next Two Percent [Member]
Defined Benefit Plan And Defined Contribution Plan Disclosure [Line Items]
Matching percentage by employer for 401(k) plan contributions	50.00%
Percent of employee contribution under contributory plan	2.00%

Employee Benefit Plans - Expens

Employee Benefit Plans - Expense for 401 (k) Plan (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
401(k) [Member]
Defined Contribution Plan Disclosure [Line Items]
401(k) plan expense	$ 2,116	$ 2,040	$ 1,741

Employee Benefit Plans - Total

Employee Benefit Plans - Total Route Pension Liability (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019	Sep. 05, 2008
Route Pension Liability [Abstract]
Route pension liability	$ 168	$ 251	$ 868

Retirement Plan - Changes in Pr

Retirement Plan - Changes in Projected Benefit Obligation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Projected benefit obligation at beginning of year	$ 25,382	$ 21,934
Service cost	712	610	$ 607
Interest cost	892	895	851
Actuarial loss	5,872	2,597	(511)
Benefits paid	(654)	(654)
Projected benefit obligation at end of year	$ 32,204	$ 25,382	$ 21,934

Retirement Plan - Additional In

Retirement Plan - Additional Information (Detail) - SERP [Member] - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accumulated benefit obligation	$ 25,839	$ 20,985
Current portion of the SERP liability	631	$ 645
Prior service cost to be recognized in the next fiscal year as net pension expense	478
Net loss to be recognized in the next fiscal year as net pension expense	$ 1,183

Retirement Plan - Components of

Retirement Plan - Components of Actuarial Loss Portion of Change in Projected Benefit Obligation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Schedule Of Actuarial Gain Loss In Projected Benefit Obligation [Abstract]
Change in assumed pay increases	$ 2,352	$ 293	$ (56)
Change in discount rate	4,285	2,174	(523)
Change in mortality assumptions	(1,083)	(69)	(117)
Other	318	199	185
Actuarial loss (gain)	$ 5,872	$ 2,597	$ (511)

Retirement Plan - Schedule of N

Retirement Plan - Schedule of Net Periodic Pension Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Retirement Benefits [Abstract]
Service cost	$ 712	$ 610	$ 607
Interest cost	892	895	851
Recognized loss amortization	417	95	162
Prior service cost amortization	957	957	957
Net periodic benefit cost	$ 2,978	$ 2,557	$ 2,577

Retirement Plan - Assumptions t

Retirement Plan - Assumptions to Calculate Benefit Obligation and Net Periodic Costs of SERP (Detail) - SERP [Member]	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Discount rate	2.69%	3.56%
Average rate of compensation increases	3.38%	4.13%
Bonus payment	60% - 95% of base, paid 4 of 5 years	60% - 85% of base, paid 4 of 5 years
Discount rate	3.56%	4.14%	3.99%
Rate of compensation increases	4.13%	3.38%	4.50%
Mortality	RP-2014 white collar with MP- 2018 scale	RP-2014 white collar with MP- 2017 scale	RP-2014 white collar with MP- 2016 scale
Bonus payment	60% - 85% of base, paid 4 of 5 years	60% - 85% of base, paid 4 of 5 years	60% - 85% of base, paid 4 of 5 years

Retirement Plan - Benefits Expe

Retirement Plan - Benefits Expected to be Paid in Next Ten Fiscal Years (Detail) $ in Thousands	Jun. 25, 2020USD ($)
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]
2021	$ 631
2022	758
2023	704
2024	650
2025	1,257
2026 — 2030	$ 6,999

Retirement Plan - Components _2

Retirement Plan - Components of AOCL (Detail) - USD ($) $ in Thousands	Jun. 25, 2020	Jun. 27, 2019
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss) [Abstract]
Unrecognized net loss	$ (10,909)	$ (5,453)
Unrecognized prior service cost	(478)	(1,435)
Tax effect	2,757	2,563
Net amount unrecognized	$ (8,630)	$ (4,325)

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss - Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		$ (4,325)
Other comprehensive (loss) income, net of tax		(3,329)	$ (1,144)	$ 1,223
Balance at end of period		(8,630)	(4,325)
Accumulated Other Comprehensive Loss [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at beginning of period		(4,325)	(3,181)
Other comprehensive loss before reclassifications		(5,872)	(2,597)
Amounts reclassified from accumulated other comprehensive loss		1,374	1,052
Tax effect		1,169	401
Other comprehensive (loss) income, net of tax		(3,329)	(1,144)
Impact of adopting ASU 2018-02	[1]	(976)
Balance at end of period		$ (8,630)	$ (4,325)	$ (3,181)
[1]	Refer to Recent Accounting Pronouncements in Note 1 — “Significant Accounting Policies” for additional information.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss - Reclassifications Out of AOCL (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019
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	$ (957)	$ (957)
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	(417)	(95)
Amortization of Defined Benefit Pension Items [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(1,374)	(1,052)
Tax effect	358	274
Amortization of defined pension items, net of tax	$ (1,016)	$ (778)

Transactions with Related Par_3

Transactions with Related Parties - Additional Information (Detail) $ in Thousands	Jun. 25, 2020USD ($)
Related Party Transaction, Due from (to) Related Party [Abstract]
Accounts payable, related party payables	$ 0

Transactions with Related Par_4

Transactions with Related Parties - Summary of Transactions with Related Party (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Related Party Transactions [Abstract]
Purchases from related party	$ 0	$ 0	$ 360

Product Type Sales Mix - Schedu

Product Type Sales Mix - Schedule of Sales by Product Type as Percentage of Gross Sales (Detail)	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Product Type Reporting Information [Line Items]
Total	100.00%	100.00%	100.00%
Peanuts [Member]
Product Type Reporting Information [Line Items]
Total	18.20%	18.00%	15.70%
Pecans [Member]
Product Type Reporting Information [Line Items]
Total	10.30%	12.90%	14.00%
Cashews & Mixed Nuts [Member]
Product Type Reporting Information [Line Items]
Total	23.20%	23.00%	24.60%
Walnuts [Member]
Product Type Reporting Information [Line Items]
Total	7.20%	8.90%	9.00%
Almonds [Member]
Product Type Reporting Information [Line Items]
Total	14.70%	14.40%	15.50%
Trail & Snack Mixes [Member]
Product Type Reporting Information [Line Items]
Total	21.10%	17.30%	15.50%
Other [Member]
Product Type Reporting Information [Line Items]
Total	5.30%	5.50%	5.70%

Valuation and Qualifying Acco_3

Valuation and Qualifying Accounts and Reserves - Activity in Various Allowance and Reserve Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	$ 6,032	$ 6,370	$ 4,263
Additions	42,895	39,452	36,361
Deductions	(42,084)	(39,790)	(34,254)
Balance at End of Period	6,843	6,032	6,370
SEC Schedule, 12-09, Allowance for Doubtful Accounts [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	350	270	263
Additions	209	150	52
Deductions	(168)	(70)	(45)
Balance at End of Period	391	350	270
SEC Schedule, 12-09, Reserve for Cash Discounts [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	925	950	850
Additions	15,650	14,721	13,889
Deductions	(15,600)	(14,746)	(13,789)
Balance at End of Period	975	925	950
SEC Schedule, 12-09, Reserve for Customer Deductions [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	4,757	5,038	2,979
Additions	27,036	24,581	22,420
Deductions	(26,316)	(24,862)	(20,361)
Balance at End of Period	$ 5,477	4,757	5,038
SEC Schedule, 12-09, Deferred Tax Asset Valuation Allowance [Member]
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		112	171
Deductions		$ (112)	(59)
Balance at End of Period			$ 112

Supplementary Quarterly Data _3

Supplementary Quarterly Data (Unaudited) - Unaudited Quarterly Consolidated Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended									12 Months Ended
	Jun. 25, 2020		Mar. 26, 2020	Dec. 26, 2019	Sep. 26, 2019	Jun. 27, 2019	Mar. 28, 2019	Dec. 27, 2018	Sep. 27, 2018	Jun. 25, 2020	Jun. 27, 2019	Jun. 28, 2018
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 204,199	[1]	$ 211,624	$ 246,423	$ 217,846	$ 216,762	$ 201,834	$ 253,317	$ 204,288	$ 880,092	$ 876,201	$ 888,931
Gross profit	40,742		42,805	49,980	42,248	43,618	38,815	42,883	32,954	175,775	158,270	138,899
Income from operations	15,622		19,397	24,466	19,062	16,424	15,408	16,640	10,052	78,547	58,524	56,189
Net income	$ 10,257		$ 13,466	$ 17,461	$ 12,926	$ 11,265	$ 10,331	$ 11,264	$ 6,606	$ 54,110	$ 39,466	$ 32,500
Basic earnings per common share	$ 0.89		$ 1.17	$ 1.52	$ 1.13	$ 0.98	$ 0.90	$ 0.99	$ 0.58	$ 4.72	$ 3.45	$ 2.86
Diluted earnings per common share	0.89		$ 1.17	1.52	1.12	$ 0.98	$ 0.90	$ 0.98	0.57	4.69	3.43	2.84
Cash dividends declared per common share	$ 1			$ 2	$ 3				$ 2.55	$ 6	$ 2.55	$ 2.50
[1]	The decrease in net sales was primarily attributable to a 3.3% decrease in weighted average selling price per pound, combined with a decrease in sales volume for foodservice customers in our commercial ingredients distribution channel as a result of the COVID-19 pandemic.

Supplementary Quarterly Data _4

Supplementary Quarterly Data (Unaudited) - Unaudited Quarterly Consolidated Financial Data (parenthetical) (Detail)	Jun. 25, 2020
Quarterly Financial Information Disclosure [Abstract]
Percent of decrease in weighted average selling price per pound	3.30%

Garysburg, North Carolina Fac_2

Garysburg, North Carolina Facility - Additional Information (Detail) $ in Thousands	12 Months Ended
	Jun. 25, 2020USD ($)
Fire Note [Line Items]
Clean-up cost and damage to capital assets	$ 2,000
Damage from Fire, Explosion or Other Hazard [Member]
Fire Note [Line Items]
Advance payment of insurance	$ 2,934

Subsequent Event - Additional I

Subsequent Event - Additional Information (Detail) - $ / shares	Jul. 09, 2020	Apr. 29, 2020	Oct. 29, 2019	Jul. 10, 2019	Jul. 10, 2018
Subsequent Event [Line Items]
Annual common stock dividend declared		$ 1	$ 2	$ 3	$ 2.55
Dividend payable date, declared day		Apr. 29, 2020	Oct. 29, 2019	Jul. 10, 2019	Jul. 10, 2018
Dividend payable date		Jun. 17, 2020	Dec. 10, 2019	Aug. 20, 2019	Aug. 17, 2018
Stockholders of record date		May 27, 2020	Nov. 26, 2019	Aug. 6, 2019	Aug. 3, 2018
Subsequent Event [Member]
Subsequent Event [Line Items]
Special cash dividend	$ 1.85
Annual common stock dividend declared	$ 0.65
Dividend payable date, declared day	Jul. 9, 2020
Dividend payable date	Aug. 21, 2020
Stockholders of record date	Aug. 7, 2020