Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 01, 2016
Oct. 03, 2015
Assets    
Cash and cash equivalents $ 397 $ 300
Accounts receivable, net 63,013 61,921
Other receivables 596 820
Income tax receivable 86 0
Inventories, net 164,247 148,372
Prepaid expenses and other current assets 4,145 2,844
Total current assets 232,484 214,257
Property, plant and equipment, net 43,503 39,653
Goodwill 36,729 36,729
Intangible assets, net 20,922 22,162
Deferred income taxes 5,246 7,294
Other assets 5,768 4,808
Total assets 344,652 324,903
Liabilities:    
Accounts payable 51,395 53,349
Accrued expenses 21,706 20,996
Income taxes payable 0 87
Current portion of long-term debt 9,192 8,340
Total current liabilities 82,293 82,772
Long-term debt, less current maturities 106,603 93,872
Other liabilities 1,241 660
Contingent consideration 2,500 3,100
Total liabilities 192,637 180,404
Commitments and contingencies
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 7,609,727 and 7,797,166 shares outstanding as of October 1, 2016 and October 3, 2015, respectively 96 96
Additional paid-in capital 60,847 59,399
Retained earnings 116,679 107,715
Accumulated other comprehensive loss (112) (429)
Treasury stock —2,037,245 and 1,849,806 shares as of October 1, 2016 and October 3, 2015, respectively (25,495) (22,282)
Total shareholders’ equity 152,015 144,499
Total liabilities and shareholders’ equity $ 344,652 $ 324,903