v3.26.1
Goodwill and Intangible Assets (Tables)
12 Months Ended
Jun. 25, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Components of Identifiable Intangible Assets

Intangible assets subject to amortization consist of the following:

 

June 25, 2026

 

 

June 26, 2025

 

Customer relationships

 

$

21,350

 

 

$

21,350

 

Brand names

 

 

17,070

 

 

 

17,070

 

Product formulas

 

 

850

 

 

 

850

 

Non-compete agreements

 

 

300

 

 

 

300

 

Total intangible assets, gross

 

 

39,570

 

 

 

39,570

 

Less accumulated amortization:

 

 

 

 

 

 

Customer relationships

 

 

(21,350

)

 

 

(21,179

)

Brand names

 

 

(14,093

)

 

 

(13,388

)

Product formulas

 

 

(440

)

 

 

(283

)

Non-compete agreements

 

 

(300

)

 

 

(292

)

Total accumulated amortization

 

 

(36,183

)

 

 

(35,142

)

Net intangible assets

 

$

3,387

 

 

$

4,428

 

Amortization of Intangible Assets

Total amortization expense related to intangible assets, which is classified in administrative expense in the Consolidated Statement of Comprehensive Income, was as follows for the last three fiscal years:

 

Year Ended
June 25,
2026

 

 

Year Ended
June 26,
2025

 

 

Year Ended
June 27,
2024

 

Amortization of intangible assets

 

$

1,041

 

 

$

1,394

 

 

$

1,686

 

 

 

Summary of Expected Amortization Expense

Expected amortization expense the next five fiscal years is as follows:

Fiscal Year Ending

 

 

 

June 24, 2027

 

$

847

 

June 29, 2028

 

 

677

 

June 28, 2029

 

 

496

 

June 27, 2030

 

 

400

 

June 26, 2031

 

 

400