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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 28, 2023
Jul. 29, 2023
Current assets    
Cash and cash equivalents $ 134,773 $ 140,910
Merchandise inventories 47,492 44,515
Patronage dividend receivable 17,315 12,466
Other current assets 17,683 17,313
Total current assets 249,474 246,687
Property, equipment and fixtures, net 281,611 277,310
Operating lease assets 268,790 274,100
Investment in Wakefern 33,145 33,107
Investments in Real Estate Partnerships 14,968 13,155
Goodwill 24,190 24,190
Other assets 40,408 36,431
Total assets 976,723 967,706
Current liabilities    
Operating lease obligations 20,937 20,389
Finance lease obligations 686 667
Current portion of debt 9,370 9,370
Accounts payable and accrued expenses 34,960 31,441
Accrued wages and benefits 28,433 29,853
Income taxes payable 6,881 9,483
Total current liabilities 183,199 178,973
Long-term debt    
Operating lease obligations 262,220 266,683
Finance lease obligations 20,390 20,623
Notes payable to Wakefern 1,566 1,686
Long-term debt 70,039 72,426
Total long-term debt 354,215 361,418
Pension liabilities 5,005 4,893
Other liabilities 15,059 12,256
Commitments and Contingencies
Shareholders' equity    
Preferred stock, no par value: Authorized 10,000 shares, none issued 0 0
Retained earnings 351,732 343,497
Accumulated other comprehensive income 8,836 8,134
Total shareholders’ equity 419,245 410,166
Total liabilities and shareholders’ equity 976,723 967,706
Related Party    
Current assets    
Notes receivable from Wakefern 32,211 31,483
Notes receivable from Wakefern 64,137 62,726
Current liabilities    
Notes payable to Wakefern 754 737
Accounts payable to Wakefern 81,178 77,033
Common Class A    
Shareholders' equity    
Common Stock 77,103 76,179
Less treasury stock, Class A, at cost: 944 shares at October 28, 2023 and 912 shares at July 29, 2023 (19,109) (18,327)
Common Class B    
Shareholders' equity    
Common Stock $ 683 $ 683