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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 27, 2024
Jul. 29, 2023
Current assets    
Cash and cash equivalents $ 133,346 $ 140,910
Merchandise inventories 45,705 44,515
Patronage dividend receivable 5,857 12,466
Income taxes receivable 647 0
Other current assets 17,905 17,313
Total current assets 236,422 246,687
Property, equipment and fixtures, net 292,828 277,310
Operating lease assets 262,624 274,100
Investment in Wakefern 33,145 33,107
Investments in Real Estate Partnerships 16,980 13,155
Goodwill 24,190 24,190
Other assets 38,639 36,431
Total assets 970,420 967,706
Current liabilities    
Operating lease obligations 21,455 20,389
Finance lease obligations 734 667
Current portion of debt 9,370 9,370
Accounts payable and accrued expenses 32,458 31,441
Accrued wages and benefits 27,256 29,853
Income taxes payable 258 9,483
Total current liabilities 176,361 178,973
Long-term debt    
Operating lease obligations 255,980 266,683
Finance lease obligations 20,123 20,623
Notes payable to Wakefern 1,438 1,686
Long-term debt 67,652 72,426
Total long-term debt 345,193 361,418
Pension liabilities 5,116 4,893
Other liabilities 14,605 12,256
Commitments and Contingencies
Shareholders' equity    
Preferred stock, no par value: Authorized 10,000 shares, none issued 0 0
Retained earnings 362,862 343,497
Accumulated other comprehensive income 7,285 8,134
Total shareholders’ equity 429,145 410,166
Total liabilities and shareholders’ equity 970,420 967,706
Related Party    
Current assets    
Notes receivable from Wakefern 32,962 31,483
Notes receivable from Wakefern 65,592 62,726
Current liabilities    
Notes payable to Wakefern 754 737
Accounts payable to Wakefern 84,076 77,033
Common Class A    
Shareholders' equity    
Common Stock 78,000 76,179
Less treasury stock, Class A, at cost: 968 shares at January 27, 2024 and 912 shares at July 29, 2023 (19,685) (18,327)
Common Class B    
Shareholders' equity    
Common Stock $ 683 $ 683