v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2019
Sep. 29, 2018
Current assets:    
Cash and cash equivalents $ 1,777 $ 460
Accounts receivable, less allowances of $333 and $1,475, respectively 59,197 45,605
Other receivables 749 1,274
Income tax receivable 0 38
Inventories, net 186,526 174,983
Note receivable 0 100
Prepaid expenses and other current assets 3,002 2,962
Total current assets 251,251 225,422
Property, plant and equipment, net of accumulated depreciation of $78,096 and $74,018, respectively 54,311 52,114
Goodwill 36,597 33,217
Intangibles, net 23,554 20,498
Deferred income taxes 1,924 1,374
Equity method investment 9,731 8,980
Other assets 1,687 2,004
Total assets 379,055 343,609
Current liabilities:    
Accounts payable 58,418 48,008
Accrued expenses 15,439 16,742
Current portion of contingent consideration 3,190 638
Current portion of capital lease financing 5,308 3,846
Current portion of long-term debt 7,435 6,577
Total current liabilities 89,790 75,811
Long-term taxes payable 3,451 4,259
Long-term capital lease financing, less current maturities 11,150 9,302
Long-term debt, less current maturities 120,043 92,083
Deferred income taxes 2,192 2,132
Contingent Consideration 6,104 9,904
Other non-current liabilities 658 0
Total liabilities 233,388 193,491
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 6,935,417 and 6,909,446 shares outstanding as of March 30, 2019, and September 29, 2018, respectively 96 96
Additional paid-in capital 59,121 61,979
Retained earnings 128,486 128,695
Accumulated other comprehensive (loss) income (493) 136
Treasury stock —2,711,555 and 2,737,526 shares as of March 30, 2019, and September 29, 2018, respectively (41,443) (40,881)
Equity attributable to Delta Apparel, Inc. 145,767 150,025
Equity attributable to non-controlling interest (100) 93
Total equity 145,667 150,118
Total liabilities and equity $ 379,055 $ 343,609

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