SUBSEQUENT EVENT SUBSEQUENT EVENT (Notes)

3 Months Ended

Oct. 24, 2015

Subsequent Events [Abstract]

Subsequent Events [Text Block]

Village has an unsecured revolving credit agreement providing a maximum amount available for borrowing of $25,000. On December 1, 2015, this loan agreement was extended to expire on December 31, 2017. The revolving credit line can be used for general corporate purposes. Indebtedness under this agreement bears interest at the prime rate, or at the Eurodollar rate, at the Company’s option, plus applicable margins based on the Company’s fixed charge coverage ratio. There were no amounts outstanding at October 24, 2015 or July 25, 2015 under this facility.