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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current Assets:    
Cash and equivalents $ 205,752 $ 143,104
Receivables 72,960 69,922
Inventories:    
Raw materials 32,673 28,447
Finished goods 58,188 47,929
Total inventories 90,861 76,376
Other current assets 9,304 11,744
Total current assets 378,877 301,146
Property, Plant and Equipment:    
Land, buildings and improvements 132,318 124,673
Machinery and equipment 293,409 272,582
Total cost 425,727 397,255
Less accumulated depreciation 234,914 216,584
Property, plant and equipment-net 190,813 180,671
Other Assets:    
Goodwill 168,030 168,030
Other intangible assets-net 56,176 60,162
Other noncurrent assets 10,595 6,396
Total [1],[2] 804,491 716,405
Current Liabilities:    
Accounts payable 57,978 41,353
Accrued liabilities 35,789 35,270
Total current liabilities 93,767 76,623
Other Noncurrent Liabilities 41,638 38,598
Deferred Income Taxes 16,804 25,207
Commitments and Contingencies
Shareholders' Equity:    
Preferred stock-authorized 3,050,000 shares; outstanding-none
Common stock-authorized 75,000,000 shares; outstanding-2018-27,487,989 shares; 2017-27,448,424 shares 119,232 115,174
Retained earnings 1,279,343 1,206,671
Accumulated other comprehensive loss (8,259) (8,936)
Common stock in treasury, at cost (738,034) (736,932)
Total shareholders' equity 652,282 575,977
Total $ 804,491 $ 716,405
[1] Net sales and long-lived assets are predominately domestic.
[2] Retail and Foodservice identifiable assets include those assets used in our operations and other intangible assets allocated to purchased businesses. Corporate assets consist principally of cash and equivalents. The increase in Corporate identifiable assets from June 30, 2017 to June 30, 2018 was primarily due to the increase in cash and equivalents. The increase in Retail and Foodservice identifiable assets from June 30, 2016 to June 30, 2017 was due to the acquisition of Angelic.