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
Jun. 28, 2014
Sep. 28, 2013
Current assets:    
Cash and cash equivalents $ 500 $ 829
Accounts receivable, less allowances of $3,139 and $2,958 respectively 70,129 68,707
Income tax receivable 169 1,232
Inventories, net 165,759 165,190
Prepaid expenses and other current assets 5,251 3,786
Deferred income taxes 10,481 5,981
Total current assets 252,289 245,725
Property, plant and equipment, net of accumulated depreciation of $75,453 and $71,453 respectively 42,160 40,600
Goodwill 36,729 36,729
Intangibles, net 23,832 24,837
Other assets 3,620 3,871
Total assets 358,630 351,762
Current liabilities:    
Accounts payable 55,087 52,877
Accrued expenses 15,961 17,463
Current portion of long-term debt 15,054 3,704
Total current liabilities 86,102 74,044
Long-term debt, less current maturities 124,166 131,030
Deferred income taxes 4,510 3,610
Other liabilities 1,346 806
Contingent consideration 3,600 3,400
Total liabilities 219,724 212,890
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 7,877,674 and 7,873,848 shares outstanding as of June 28, 2014 and September 28, 2013, respectively 96 96
Additional paid-in capital 59,788 59,428
Retained earnings 100,384 100,579
Accumulated other comprehensive loss (470) (557)
Treasury stock —1,769,298 and 1,773,124 shares as of June 28, 2014 and September 28, 2013, respectively (20,892) (20,674)
Total shareholders’ equity 138,906 138,872
Total liabilities and shareholders' equity $ 358,630 $ 351,762