Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jul. 02, 2016
Oct. 03, 2015
Current assets:    
Cash and cash equivalents $ 772 $ 300
Accounts receivable, less allowances of $2,842 and $2,984, respectively 59,865 62,741
Income tax receivable 111 0
Inventories, net 167,147 148,372
Prepaid expenses and other current assets 5,082 2,844
Total current assets 232,977 214,257
Property, plant and equipment, net of accumulated depreciation of $86,749 and $81,376, respectively 43,625 39,653
Goodwill 36,729 36,729
Intangibles, net 21,165 22,162
Deferred income taxes 5,559 7,294
Other assets 5,435 4,808
Total assets 345,490 324,903
Current liabilities:    
Accounts payable 49,757 53,349
Accrued expenses 18,596 20,996
Income tax payable 0 87
Current portion of long-term debt 8,516 8,340
Total current liabilities 76,869 82,772
Long-term debt, less current maturities 113,786 93,872
Other liabilities 1,395 660
Contingent consideration 2,500 3,100
Total liabilities 194,550 180,404
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 July 2, 2016 and October 3, 2015, respectively 96 96
Additional paid-in capital 60,448 59,399
Retained earnings 114,376 107,715
Accumulated other comprehensive loss (209) (429)
Treasury stock —1,933,467 and 1,849,806 shares as of July 2, 2016 and October 3, 2015, respectively (23,771) (22,282)
Total shareholders’ equity 150,940 144,499
Total liabilities and shareholders' equity $ 345,490 $ 324,903