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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Current Assets:    
Cash and equivalents $ 196,288 $ 205,752
Receivables 75,691 72,960
Inventories:    
Raw materials 30,647 32,673
Finished goods 55,425 58,188
Total inventories 86,072 90,861
Other current assets 10,518 9,304
Total current assets 368,569 378,877
Property, Plant and Equipment:    
Land, buildings and improvements 163,094 132,318
Machinery and equipment 340,232 293,409
Total cost 503,326 425,727
Less accumulated depreciation 256,282 234,914
Property, plant and equipment-net 247,044 190,813
Other Assets:    
Goodwill 208,371 168,030
Other intangible assets-net 70,277 56,176
Other noncurrent assets 11,138 10,595
Total [1],[2] 905,399 804,491
Current Liabilities:    
Accounts payable 76,670 57,978
Accrued liabilities 43,036 35,789
Total current liabilities 119,706 93,767
Other Noncurrent Liabilities 35,938 41,638
Deferred Income Taxes 22,882 16,804
Commitments and Contingencies
Shareholders' Equity:    
Preferred stock-authorized 3,050,000 shares; outstanding-none
Common stock-authorized 75,000,000 shares; outstanding-2019-27,491,497 shares; 2018-27,487,989 shares 122,844 119,232
Retained earnings 1,359,782 1,279,343
Accumulated other comprehensive loss (10,308) (8,259)
Common stock in treasury, at cost (745,445) (738,034)
Total shareholders' equity 726,873 652,282
Total $ 905,399 $ 804,491
[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 Retail and Foodservice identifiable assets from June 30, 2018 to June 30, 2019 was due to the acquisitions of Bantam and Omni. The increase in Corporate identifiable assets from June 30, 2017 to June 30, 2018 was primarily due to the increase in cash and equivalents.