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Business Segment Information (Tables)
 12 Months Ended
Jun. 30, 2022
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:
202220212020
Retail
Shelf-stable dressings, sauces and croutons$375,031 $297,572 $205,062 
Frozen breads331,812 308,482 290,940 
Refrigerated dressings, dips and other208,367 222,909 218,125 
Total Retail net sales$915,210 $828,963 $714,127 
Foodservice
Dressings and sauces$574,264 $477,940 $436,909 
Frozen breads and other186,916 156,457 161,093 
Other roll products— 3,707 22,259 
Total Foodservice net sales$761,180 $638,104 $620,261 
Total net sales$1,676,390 $1,467,067 $1,334,388 
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:
 202220212020
Foodservice
National accounts$588,955 $494,874 $459,880 
Branded and other172,225 139,523 138,122 
Other roll products— 3,707 22,259 
Total Foodservice net sales$761,180 $638,104 $620,261 
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:
202220212020
Net Sales (1) (2)
Retail$915,210 $828,963 $714,127 
Foodservice761,180 638,104 620,261 
Total$1,676,390 $1,467,067 $1,334,388 
Operating Income (2) (3)
Retail$151,627 $188,403 $161,487 
Foodservice82,745 89,048 80,475 
Nonallocated Restructuring and Impairment Charges (4)
(25,507)— (886)
Corporate Expenses (5)
(96,954)(91,599)(65,128)
Total$111,911 $185,852 $175,948 
Identifiable Assets (1) (6)
Retail & Foodservice (7)
$1,017,055 $878,389 $771,270 
Corporate73,319 222,896 222,083 
Total$1,090,374 $1,101,285 $993,353 
Payments for Property Additions (3)
Retail & Foodservice (7)
$130,502 $86,792 $81,067 
Corporate1,470 1,073 1,575 
Total$131,972 $87,865 $82,642 
Depreciation and Amortization (3)
Retail & Foodservice (7)
$42,902 $41,356 $35,790 
Corporate2,978 3,153 2,173 
Total$45,880 $44,509 $37,963 
(1)Net sales and long-lived assets are predominately domestic.
(2)All intercompany transactions have been eliminated.
(3)As discussed above, certain prior-year amounts were reclassified in 2021 to conform to the current presentation. These changes had no effect on previously reported consolidated totals.
(4)Reflects restructuring and impairment charges related to the Bantam business and a facility closure in 2022 and a plant closure in 2020, which 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. The increase in Retail and Foodservice identifiable assets from June 30, 2021 to June 30, 2022 reflected property additions due to several capacity expansion projects, higher receivables balances due to increased sales, and higher inventory levels due to increased input costs. The increase in Retail and Foodservice identifiable assets from June 30, 2020 to June 30, 2021 reflected property additions due to several capacity expansion projects and higher inventory levels due to increased commodity costs. Corporate assets consist principally of cash and equivalents. The decrease in Corporate assets from June 30, 2021 to June 30, 2022 reflected the decline in cash and equivalents.
(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:
202220212020
Net sales to Walmart$293,684 $267,090 $241,699 
As a percentage of consolidated net sales18 %18 %18 %
Net sales to McLane$188,717 $184,021 $174,242 
As a percentage of consolidated net sales11 %13 %13 %
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:
20222021
Walmart24 %27 %
McLane11 %9 %