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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 27, 2024
Jul. 29, 2023
Current assets    
Cash and cash equivalents $ 113,945 $ 140,910
Merchandise inventories 47,160 44,515
Patronage dividend receivable 10,023 12,466
Income taxes receivable 448 0
Other current assets 17,525 17,313
Total current assets 189,101 246,687
Property, equipment and fixtures, net 306,303 277,310
Operating lease assets 258,679 274,100
Investment in Wakefern 33,093 33,107
Investments in Real Estate Partnerships 17,927 13,155
Goodwill 24,190 24,190
Other assets 40,190 36,431
Total assets 970,203 967,706
Current liabilities    
Operating lease obligations 21,272 20,389
Finance lease obligations 806 667
Current portion of debt 9,370 9,370
Accounts payable and accrued expenses 30,690 31,441
Accrued wages and benefits 29,601 29,853
Income taxes payable 100 9,483
Total current liabilities 172,787 178,973
Long-term debt    
Operating lease obligations 254,889 266,683
Finance lease obligations 19,827 20,623
Notes payable to Wakefern 1,039 1,686
Long-term debt 65,263 72,426
Total long-term debt 341,018 361,418
Pension liabilities 5,228 4,893
Other liabilities 14,963 12,256
Commitments and Contingencies
Shareholders' equity    
Preferred stock, no par value: Authorized 10,000 shares, none issued 0 0
Retained earnings 368,525 343,497
Accumulated other comprehensive income 7,948 8,134
Total shareholders’ equity 436,207 410,166
Total liabilities and shareholders’ equity 970,203 967,706
Related Party    
Current assets    
Notes receivable from Wakefern 0 31,483
Notes receivable from Wakefern 100,720 62,726
Current liabilities    
Notes payable to Wakefern 751 737
Accounts payable to Wakefern 80,197 77,033
Common Class A    
Shareholders' equity    
Common Stock 78,955 76,179
Less treasury stock, Class A, at cost: 977 shares at April 27, 2024 and 912 shares at July 29, 2023 (19,904) (18,327)
Common Class B    
Shareholders' equity    
Common Stock $ 683 $ 683