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	Apr. 03, 2021	Oct. 03, 2020
Assets
Cash and cash equivalents	$ 12,551	$ 16,458
Accounts receivable, less allowances of $577 and $684, respectively	66,079	60,146
Other receivables	408	854
Income tax receivable	0	983
Inventories, net	148,530	145,515
Prepaid expenses and other current assets	4,351	2,812
Total current assets	231,919	226,768
Property, plant and equipment, net of accumulated depreciation of $96,014 and $92,123, respectively	66,207	63,950
Goodwill	37,897	37,897
Intangibles, net	19,162	19,948
Deferred income taxes	3,226	4,052
Operating lease assets	49,570	54,645
Equity method investment	10,742	10,573
Other assets	2,142	2,398
Total assets	420,865	420,231
Liabilities:
Accounts payable	44,986	49,800
Accrued expenses	18,366	20,174
Income taxes payable	496	379
Current portion of finance leases	7,256	6,956
Current portion of operating leases	8,946	9,039
Current portion of long-term debt	7,536	7,559
Current portion of contingent consideration	2,400	2,120
Total current liabilities	89,986	96,027
Long-term income taxes payable	3,220	3,599
Long-term finance leases, less current maturities	18,552	11,328
Long-term operating leases, less current maturities	42,377	46,570
Long-term debt, less current maturities	114,375	112,782
Long-term contingent consideration	1,910	4,300
Other non-current liabilities	2,470	2,939
Total liabilities	272,890	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 March 2021 and September 2020, respectively	96	96
Additional paid-in capital	59,842	61,005
Retained earnings	131,845	126,564
Accumulated other comprehensive loss	(998)	(1,322)
Treasury stock - 2,672,312 and 2,756,854 shares as of March 2021 and September 2020, respectively	(42,149)	(43,133)
Equity attributable to Delta Apparel, Inc.	148,636	143,210
Equity attributable to non-controlling interest	(661)	(524)
Total equity	147,975	142,686
Total liabilities and equity	$ 420,865	$ 420,231