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Business Segment Information (Tables)
 12 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Disaggregation Of Net Sales By Class Of Similar Products
The following table sets forth net sales disaggregated by class of similar products for the Retail and Foodservice segments in each of the years ended June 30:
202120202019
Retail
Frozen breads$308,482 $290,940 $259,290 
Shelf-stable dressings, sauces and croutons297,572 205,062 177,717 
Refrigerated dressings, dips and other222,909 218,125 219,614 
Total Retail net sales$828,963 $714,127 $656,621 
Foodservice
Dressings and sauces$477,940 $436,909 $467,364 
Frozen breads and other156,457 161,093 164,438 
Other roll products3,707 22,259 19,364 
Total Foodservice net sales$638,104 $620,261 $651,166 
Total net sales$1,467,067 $1,334,388 $1,307,787 
Disaggregation Of Foodservice Net Sales By Type Of Customer
The following table provides an additional disaggregation of Foodservice net sales by type of customer in each of the years ended June 30:
 202120202019
Foodservice
National accounts$494,874 $459,880 $480,249 
Branded and other139,523 138,122 151,553 
Other roll products3,707 22,259 19,364 
Total Foodservice net sales$638,104 $620,261 $651,166 
Summary Of Financial Information Attributable To Reportable Segments
The following sets forth certain additional financial information attributable to our reportable segments, certain amounts not allocated among our reportable segments and amounts retained at the corporate level for the years ended June 30:
202120202019
Net Sales (1) (2)
Retail$828,963 $714,127 $656,621 
Foodservice638,104 620,261 651,166 
Total$1,467,067 $1,334,388 $1,307,787 
Operating Income (2) (3)
Retail$188,403 $161,487 $149,019 
Foodservice89,048 80,475 86,177 
Nonallocated Restructuring and Impairment Charges (4)
— (886)(1,643)
Corporate Expenses (5)
(91,599)(65,128)(42,629)
Total$185,852 $175,948 $190,924 
Identifiable Assets (1) (6)
Retail & Foodservice (7)
$878,389 $771,270 $695,872 
Corporate222,896 222,083 209,527 
Total$1,101,285 $993,353 $905,399 
Payments for Property Additions (3)
Retail & Foodservice (7)
$86,792 $81,067 $70,415 
Corporate1,073 1,575 465 
Total$87,865 $82,642 $70,880 
Depreciation and Amortization (3)
Retail & Foodservice (7)
$41,356 $35,790 $30,896 
Corporate3,153 2,173 952 
Total$44,509 $37,963 $31,848 
(1)Net sales and long-lived assets are predominately domestic.
(2)All intercompany transactions have been eliminated.
(3)As discussed above, all historical information for operating income, payments for property additions and depreciation and amortization has been retroactively conformed to the current presentation. These changes had no effect on previously reported consolidated totals.
(4)Reflects restructuring and impairment charges related to a plant closure that were not allocated to our two reportable segments due to their unusual nature.
(5)Our Corporate Expenses include various expenses of a general corporate nature, expenditures for Project Ascent and costs related to certain divested or closed nonfood operations. These costs have not been allocated to the Retail and Foodservice segments.
(6)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, 2020 to June 30, 2021 reflected property additions, largely due to several capacity expansion projects that are currently underway, and higher inventory levels due to increased commodity costs. The increase in Retail and Foodservice identifiable assets from June 30, 2019 to June 30, 2020 reflected property additions, notably a capacity expansion project at our frozen dinner roll facility in Horse Cave, Kentucky, as well as operating lease right-of-use assets recorded in 2020 due to the adoption of new accounting guidance.
(7)As discussed above, we do not present identifiable assets, payments for property additions or depreciation and amortization by reportable segment.
Net Sales To Major Customers
Retail segment net sales attributable to Walmart Inc. (“Walmart”) and Foodservice segment net sales attributable to McLane Company, Inc. (“McLane”), a wholesale distribution subsidiary of Berkshire Hathaway, Inc., for each of the years ended June 30 were as follows:
202120202019
Net sales to Walmart$267,090 $241,699 $222,171 
As a percentage of consolidated net sales18 %18 %17 %
Net sales to McLane$184,021 $174,242 $195,907 
As a percentage of consolidated net sales13 %13 %15 %
Percentage Of Receivables Due From Major Customers
Accounts receivable attributable to Walmart and McLane at June 30 as a percentage of consolidated accounts receivable were as follows:
20212020
Walmart27 %30 %
McLane9 %10 %