Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Jan. 02, 2021	Oct. 03, 2020
Assets
Cash and cash equivalents	$ 10,255	$ 16,458
Accounts receivable, less allowances of $854 and $684, respectively	62,592	60,146
Other receivables	1,054	854
Income tax receivable	1,180	983
Inventories, net	148,521	145,515
Prepaid expenses and other current assets	3,609	2,812
Total current assets	227,211	226,768
Property, plant and equipment, net of accumulated depreciation of $93,283 and $92,123, respectively	67,779	63,950
Goodwill	37,897	37,897
Intangibles, net	19,555	19,948
Deferred income taxes	3,313	4,052
Operating lease assets	52,171	54,645
Equity method investment	10,462	10,573
Other assets	2,233	2,398
Total assets	420,621	420,231
Current liabilities:
Accounts payable	55,023	49,800
Accrued expenses	18,130	20,174
Income taxes payable	383	379
Current portion of finance leases	6,915	6,956
Current portion of operating leases	8,892	9,039
Current portion of long-term debt	7,112	7,559
Current portion of contingent consideration	0	2,120
Total current liabilities	96,455	96,027
Long-term income taxes payable	3,599	3,599
Long-term finance leases, less current maturities	13,409	11,328
Long-term operating leases, less current maturities	44,522	46,570
Long-term debt, less current maturities	112,595	112,782
Long-term contingent consideration	4,310	4,300
Other non-current liabilities	2,534	2,939
Total liabilities	277,424	277,545
Shareholder's equity:
Preferred stock - $0.01 par value, 2,000,000 shares authorized, none issued and outstanding	0	0
Common stock - $0.01 par value, 15,000,000 authorized, 9,646,972 shares issued, and 6,974,660 and 6,890,118 shares outstanding as of December 2020 and September 2020, respectively	96	96
Additional paid-in capital	59,564	61,005
Retained earnings	127,447	126,564
Accumulated other comprehensive loss	(1,197)	(1,322)
Treasury stock - 2,672,312 and 2,756,854 shares as of December 2020, and September 2020, respectively	(42,149)	(43,133)
Equity attributable to Delta Apparel, Inc.	143,761	143,210
Equity attributable to non-controlling interest	(564)	(524)
Total equity	143,197	142,686
Total liabilities and equity	$ 420,621	$ 420,231