Discontinued operations (Tables)

12 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups

Schedule of summarized results of discontinued operations

	Years Ended
	July 1,		July 2,
	2017		2016
	(Thousands)
Sales	$	5,432,140	$	9,478,682
Cost of sales		4,883,945		8,519,117
Gross profit		548,195		959,565
Selling, general and administrative expenses		430,003		710,251
Restructuring, integration and other expenses		7,280		34,557
Operating income		110,912		214,757
Interest and other expense, net		(24,291)		(22,261)
Income from discontinued operations before income taxes		86,621		192,496
Income tax expense		47,050		76,874
Income from discontinued operations, net of taxes		39,571		115,622
Gain on sales of discontinued operations, net of tax		222,356		—
Net income from discontinued operations, net of taxes	$	261,927	$	115,622