v3.22.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 02, 2022
Oct. 02, 2021
Assets    
Cash and cash equivalents $ 428 $ 9,376
Accounts receivable, less allowances of $94 and $251, respectively 77,401 66,973
Other receivables 857 761
Income tax receivable 0 356
Inventories, net 197,691 161,703
Prepaid expenses and other current assets 3,698 3,794
Total current assets 280,075 242,963
Property, plant and equipment, net of accumulated depreciation of $103,453 and $99,225, respectively 73,208 67,564
Goodwill 37,897 37,897
Intangibles, net 25,204 26,291
Deferred income taxes 1,069 1,854
Operating lease assets 45,785 45,279
Equity method investment 10,027 10,433
Other assets 2,079 2,007
Total assets 475,344 434,288
Liabilities:    
Accounts payable 66,226 52,936
Accrued expenses 24,435 29,949
Income taxes payable 1,754 379
Current portion of finance leases 7,447 6,621
Current portion of operating leases 8,377 8,509
Current portion of long-term debt 7,277 7,067
Current portion of contingent consideration 1,397 0
Total current liabilities 116,913 105,461
Long-term income taxes payable 2,841 3,220
Long-term finance leases 16,592 15,669
Long-term operating leases 39,427 38,546
Long-term debt 122,438 101,680
Long-term contingent consideration 0 1,897
Other non-current liabilities 1,777 3,621
Total liabilities 299,988 270,094
Shareholder's 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 authorized, 9,646,972 shares issued, and 6,948,873 and 6,974,660 shares outstanding as of March 2022 and September 2021, respectively 96 96
Additional paid-in capital 59,919 60,831
Retained earnings 160,642 146,860
Accumulated other comprehensive loss (193) (786)
Treasury stock - 2,698,099 and 2,672,312 shares as of March 2022 and September 2021, respectively (44,464) (42,149)
Equity attributable to Delta Apparel, Inc. 176,000 164,852
Equity attributable to non-controlling interest (644) (658)
Total equity 175,356 164,194
Total liabilities and equity $ 475,344 $ 434,288

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