$JBSS

SANFILIPPO JOHN B & SON INC

CIK:0000880117|SEC Filings

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2026	Jun. 26, 2025	Jun. 27, 2024
Statement of Comprehensive Income [Abstract]
Net sales	$ 1,175,673	$ 1,107,246	$ 1,066,783
Cost of sales	964,492	903,775	852,644
Gross profit	211,181	203,471	214,139
Operating expenses:
Selling expenses	78,941	78,934	82,694
Administrative expenses	43,042	39,826	48,484
Bargain purchase gain, net	0	0	(2,226)
Total operating expenses	121,983	118,760	128,952
Income from operations	89,198	84,711	85,187
Other expense:
Interest expense including $555, $626 and $691 to related parties, respectively	2,429	3,552	2,549
Rental and miscellaneous expense, net	2,238	1,849	1,301
Pension expense (excluding service costs)	1,556	1,445	1,400
Total other expense, net	6,223	6,846	5,250
Income before income taxes	82,975	77,865	79,937
Income tax expense	21,041	18,931	19,688
Net income	61,934	58,934	60,249
Other comprehensive income, net of tax:
Net actuarial gain (loss) arising during the period	278	(480)	1,248
Other comprehensive income (loss), net of tax	278	(480)	1,248
Comprehensive income	$ 62,212	$ 58,454	$ 61,497
Net income per common share — basic	$ 5.29	$ 5.06	$ 5.19
Net income per common share — diluted	5.26	5.03	5.15
Cash dividends declared per share	$ 4	$ 2.1	$ 3
Weighted average shares outstanding — basic	11,698,823	11,655,506	11,615,255
Weighted average shares outstanding — diluted	11,777,400	11,724,433	11,687,546

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 25, 2026	Jun. 26, 2025	Jun. 27, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 61,934	$ 58,934	$ 60,249
Depreciation and amortization	28,198	26,930	24,581
Amortization of operating lease right-of-use assets	5,102	4,539	2,023
(Gain) loss on disposition of properties, net	(331)	1,450	558
Deferred income tax expense (benefit)	8,125	(2,492)	(704)
Stock-based compensation expense	4,212	4,523	4,389
Bargain purchase gain, net	0	0	(2,226)
Change in assets and liabilities, net of Acquisitions:
Accounts receivable, net	(7,773)	8,342	(12,106)
Inventories	8,774	(58,037)	11,873
Prepaid expenses and other current assets	(2,386)	(2,613)	(4,216)
Accounts payable	4,113	6,838	10,558
Accrued expenses	18,587	(14,955)	8,407
Income taxes receivable/payable	(1,059)	108	(1,944)
Other long-term liabilities	(4,477)	(186)	(896)
Other long-term assets	(983)	(4,186)	(59)
Other, net	1,801	1,350	1,186
Net cash provided by operating activities	123,837	30,545	101,673
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, plant and equipment	(88,089)	(50,712)	(28,312)
Business acquisitions, net	0	0	(58,974)
Other, net	1,920	(109)	(63)
Net cash used in investing activities	(86,169)	(50,821)	(87,349)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net short-term (repayments) borrowings	(23,969)	37,164	20,420
Principal payments on long-term debt	(809)	(737)	(672)
(Decrease) increase in bank overdraft	(57)	(251)	260
Dividends paid	(46,759)	(24,404)	(34,796)
Proceeds from issuance of debt	34,992	9,265	0
Debt issue costs	(90)	(170)	(316)
Taxes paid related to net share settlement of equity awards	(414)	(490)	(684)
Net cash (used in) provided by financing activities	(37,106)	20,377	(15,788)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	562	101	(1,464)
Cash and cash equivalents, beginning of period	585	484	1,948
Cash, end of period	1,147	585	484
Supplemental disclosures of cash flow information:
Interest paid	$ 2,456	$ 3,290	$ 2,370

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 25, 2026	Jun. 26, 2025
CURRENT ASSETS:
Cash	$ 1,147	$ 585
Accounts receivable, less allowance for doubtful accounts of $328 and $293, respectively	84,310	76,656
Inventories	245,826	254,600
Prepaid expenses and other current assets	18,028	14,583
TOTAL CURRENT ASSETS	349,311	346,424
PROPERTY, PLANT AND EQUIPMENT:
Land	13,365	13,365
Buildings	125,946	119,315
Machinery and equipment	341,489	326,984
Furniture and leasehold improvements	5,588	5,540
Vehicles	1,273	1,228
Construction in progress	86,924	7,223
Property, plant and equipment gross	574,585	473,655
Less: Accumulated depreciation	330,883	308,506
Property, plant and equipment net	243,702	165,149
Rental investment property, less accumulated depreciation of $16,860 and $16,053, respectively	12,263	13,070
TOTAL PROPERTY, PLANT AND EQUIPMENT	255,965	178,219
OTHER LONG TERM ASSETS:
Intangible assets, net	3,387	4,428
Deferred income taxes	0	5,782
Goodwill	11,750	11,750
Operating lease right-of-use assets	24,584	27,824
Other assets	13,584	23,176
TOTAL ASSETS	658,581	597,603
CURRENT LIABILITIES:
Revolving credit facility borrowings	33,615	57,584
Current maturities of long-term debt, net, including related party debt of $837 and $808, respectively and net of unamortized debt issuance costs of $26 and $2, respectively	6,052	941
Accounts payable	72,438	60,479
Bank overdraft	237	294
Accrued payroll and related benefits	34,650	18,446
Other accrued expenses	20,941	18,302
TOTAL CURRENT LIABILITIES	167,933	156,046
LONG-TERM LIABILITIES:
Long-term debt, less current maturities, net, including related party debt of $4,719 and $5,557, respectively and net of unamortized debt issuance costs of $168 and $123, respectively	43,567	14,564
Retirement plan	29,193	27,921
Long-term operating lease liabilities, net of current portion	20,648	24,224
Long-term workers' compensation liabilities	10,656	10,603
Other	6,636	3,548
TOTAL LONG-TERM LIABILITIES	110,700	80,860
TOTAL LIABILITIES	278,633	236,906
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:
Capital in excess of par value	143,522	139,724
Retained earnings	236,670	221,495
Accumulated other comprehensive income	842	564
Treasury stock, at cost; 117,900 shares of Common Stock	(1,204)	(1,204)
TOTAL STOCKHOLDERS' EQUITY	379,948	360,697
TOTAL LIABILITIES & STOCKHOLDERS' EQUITY	658,581	597,603
Class A Common Stock [Member]
STOCKHOLDERS' EQUITY:
Common Stock	26	26
Common Stock, Non-Cumulative Voting Rights of One Vote Per Share [Member]
STOCKHOLDERS' EQUITY:
Common Stock	$ 92	$ 92