Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.1.9
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 27, 2014
Sep. 27, 2014
Current assets:    
Cash and cash equivalents $ 238us-gaap_CashAndCashEquivalentsAtCarryingValue $ 612us-gaap_CashAndCashEquivalentsAtCarryingValue
Accounts receivable, less allowances of $3,627 and $3,159 respectively 52,225us-gaap_AccountsReceivableNetCurrent 68,802us-gaap_AccountsReceivableNetCurrent
Income tax receivable 2,153us-gaap_IncomeTaxesReceivable 1,360us-gaap_IncomeTaxesReceivable
Inventories, net 175,615us-gaap_InventoryNet 162,188us-gaap_InventoryNet
Prepaid expenses and other current assets 5,710us-gaap_PrepaidExpenseAndOtherAssetsCurrent 4,534us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Deferred income taxes 12,504us-gaap_DeferredTaxAssetsNetCurrent 12,152us-gaap_DeferredTaxAssetsNetCurrent
Total current assets 248,445us-gaap_AssetsCurrent 249,648us-gaap_AssetsCurrent
Property, plant and equipment, net of accumulated depreciation of $76,862 and $75,801 respectively 40,401us-gaap_PropertyPlantAndEquipmentNet 41,005us-gaap_PropertyPlantAndEquipmentNet
Goodwill 36,729us-gaap_Goodwill 36,729us-gaap_Goodwill
Intangibles, net 23,167us-gaap_IntangibleAssetsNetExcludingGoodwill 23,500us-gaap_IntangibleAssetsNetExcludingGoodwill
Other assets 3,587us-gaap_OtherAssetsNoncurrent 3,696us-gaap_OtherAssetsNoncurrent
Total assets 352,329us-gaap_Assets 354,578us-gaap_Assets
Current liabilities:    
Accounts payable 59,959us-gaap_AccountsPayableCurrent 57,719us-gaap_AccountsPayableCurrent
Accrued expenses 18,642us-gaap_AccruedLiabilitiesCurrent 20,167us-gaap_AccruedLiabilitiesCurrent
Current portion of long-term debt 6,954us-gaap_LongTermDebtCurrent 15,504us-gaap_LongTermDebtCurrent
Total current liabilities 85,555us-gaap_LiabilitiesCurrent 93,390us-gaap_LiabilitiesCurrent
Long-term debt, less current maturities 123,471us-gaap_LongTermDebtNoncurrent 114,469us-gaap_LongTermDebtNoncurrent
Deferred income taxes 4,408us-gaap_DeferredTaxLiabilitiesGrossNoncurrent 3,399us-gaap_DeferredTaxLiabilitiesGrossNoncurrent
Other liabilities 1,317us-gaap_OtherLiabilitiesNoncurrent 1,513us-gaap_OtherLiabilitiesNoncurrent
Contingent consideration 3,665us-gaap_CommitmentsAndContingencies 3,600us-gaap_CommitmentsAndContingencies
Total liabilities 218,416us-gaap_Liabilities 216,371us-gaap_Liabilities
Shareholders’ equity:    
Preferred stock—$0.01 par value, 2,000,000 shares authorized, none issued and outstanding 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock —$0.01 par value, 15,000,000 shares authorized, 9,646,972 shares issued, and 7,891,553 and 7,877,674 shares outstanding as of December 27, 2014 and September 27, 2014, respectively 96us-gaap_CommonStockValue 96us-gaap_CommonStockValue
Additional paid-in capital 59,409us-gaap_AdditionalPaidInCapital 59,649us-gaap_AdditionalPaidInCapital
Retained earnings 95,409us-gaap_RetainedEarningsAccumulatedDeficit 99,622us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (273)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (269)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Treasury stock —1,755,419 and 1,769,298 shares as of December 27, 2014 and September 27, 2014, respectively (20,728)us-gaap_TreasuryStockValue (20,891)us-gaap_TreasuryStockValue
Total shareholders’ equity 133,913us-gaap_StockholdersEquity 138,207us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 352,329us-gaap_LiabilitiesAndStockholdersEquity $ 354,578us-gaap_LiabilitiesAndStockholdersEquity