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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Jun. 30, 2016
Current Assets:    
Cash and equivalents $ 143,104 $ 118,080
Receivables 69,922 66,006
Inventories:    
Raw materials 28,447 26,153
Finished goods 47,929 49,944
Total inventories 76,376 76,097
Other current assets 11,744 7,644
Total current assets 301,146 267,827
Property, Plant and Equipment:    
Land, buildings and improvements 124,673 116,858
Machinery and equipment 272,582 263,336
Total cost 397,255 380,194
Less accumulated depreciation 216,584 210,599
Property, plant and equipment-net 180,671 169,595
Other Assets:    
Goodwill 168,030 143,788
Other intangible assets-net 60,162 44,866
Other noncurrent assets 6,396 8,656
Total [1],[2] 716,405 634,732
Current Liabilities:    
Accounts payable 41,353 39,931
Accrued liabilities 35,270 33,072
Total current liabilities 76,623 73,003
Other Noncurrent Liabilities 38,598 26,698
Deferred Income Taxes 25,207 21,433
Commitments and Contingencies
Shareholders' Equity:    
Preferred stock-authorized 3,050,000 shares; outstanding-none
Common stock-authorized 75,000,000 shares; outstanding-2017-27,448,424 shares; 2016-27,423,550 shares 115,174 110,677
Retained earnings 1,206,671 1,150,337
Accumulated other comprehensive loss (8,936) (11,350)
Common stock in treasury, at cost (736,932) (736,066)
Total shareholders' equity 575,977 513,598
Total $ 716,405 $ 634,732
[1] Net sales and long-lived assets are predominately domestic.
[2] Segment identifiable assets include those assets used in its operations and other intangible assets allocated to purchased businesses. Corporate assets consist principally of cash and equivalents. The increase in Specialty Foods assets from June 30, 2016 to June 30, 2017 was due to the acquisition of Angelic. The decline in Corporate assets from June 30, 2015 to June 30, 2016 was due to the decrease in cash resulting from the payment of the December 2015 special dividend.