Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2016
Oct. 03, 2015
Current assets:    
Cash and cash equivalents $ 742 $ 300
Accounts receivable, less allowances of $3,039 and $2,984, respectively 60,198 62,741
Inventories, net 163,659 148,372
Prepaid expenses and other current assets 5,312 2,844
Total current assets 229,911 214,257
Property, plant and equipment, net of accumulated depreciation of $84,601 and $81,376, respectively 42,238 39,653
Goodwill 36,729 36,729
Intangibles, net 21,497 22,162
Deferred income taxes 6,011 7,294
Other assets 4,292 4,808
Total assets 340,678 324,903
Current liabilities:    
Accounts payable 56,595 53,349
Accrued expenses 16,723 20,996
Income tax payable 128 87
Current portion of long-term debt 7,663 8,340
Total current liabilities 81,109 82,772
Long-term debt, less current maturities 107,364 93,872
Other liabilities 1,531 660
Contingent consideration 2,800 3,100
Total liabilities 192,804 180,404
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 7,713,505 and 7,797,166 shares outstanding as of April 2, 2016 and October 3, 2015, respectively 96 96
Additional paid-in capital 59,953 59,399
Retained earnings 111,831 107,715
Accumulated other comprehensive loss (235) (429)
Treasury stock —1,933,467 and 1,849,806 shares as of April 2, 2016 and October 3, 2015, respectively (23,771) (22,282)
Total shareholders’ equity 147,874 144,499
Total liabilities and shareholders' equity $ 340,678 $ 324,903