Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 29, 2014
Sep. 28, 2013
Current assets:    
Cash and cash equivalents $ 894 $ 829
Accounts receivable, less allowances of $3,229 and $2,958 respectively 65,809 68,707
Income tax receivable 3,076 1,232
Inventories, net 170,785 165,190
Prepaid expenses and other current assets 5,163 3,786
Deferred income taxes 5,698 5,981
Total current assets 251,425 245,725
Property, plant and equipment, net of accumulated depreciation of $74,607 and $71,453 respectively 42,242 40,600
Goodwill 36,729 36,729
Intangibles, net 24,165 24,837
Other assets 3,697 3,871
Total assets 358,258 351,762
Current liabilities:    
Accounts payable 51,414 52,877
Accrued expenses 15,276 17,463
Current portion of long-term debt 14,504 3,704
Total current liabilities 81,194 74,044
Long-term debt, less current maturities 129,307 131,030
Deferred income taxes 4,830 3,610
Other liabilities 1,540 806
Contingent consideration 3,525 3,400
Total liabilities 220,396 212,890
Shareholders’ 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 shares authorized, 9,646,972 shares issued, and 7,936,230 and 7,873,848 shares outstanding as of March 29, 2014 and September 28, 2013, respectively 96 96
Additional paid-in capital 59,927 59,428
Retained earnings 98,218 100,579
Accumulated other comprehensive loss (394) (557)
Treasury stock —1,710,742 and 1,773,124 shares as of March 29, 2014 and September 28, 2013, respectively (19,985) (20,674)
Total shareholders’ equity 137,862 138,872
Total liabilities and shareholders' equity $ 358,258 $ 351,762