v3.20.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 28, 2020
Sep. 28, 2019
Assets    
Cash and cash equivalents $ 9,568 $ 605
Accounts receivable, less allowances of $366 and $327, respectively 58,682 59,337
Other receivables 725 1,550
Income tax receivable 703 729
Inventories, net 197,333 179,107
Prepaid expenses and other current assets 3,369 2,270
Total current assets 270,380 243,598
Property, plant and equipment, net of accumulated depreciation of $86,893 and $81,787, respectively 62,587 61,404
Goodwill 37,897 37,897
Intangibles, net 20,734 21,607
Deferred income taxes 1,514 1,514
Operating lease assets 43,226
Equity method investment 10,309 10,388
Other assets 2,484 1,580
Total assets 449,131 377,988
Current liabilities:    
Accounts payable 56,022 52,320
Accrued expenses 15,033 20,791
Current portion of contingent consideration 1,970 2,790
Current portion of finance leases 6,965 6,434
Current portion of operating leases 8,525
Current portion of long-term debt 7,577 6,540
Total current liabilities 96,092 88,875
Long-term taxes payable 3,585 3,977
Long-term contingent consideration 3,610 6,304
Long-term finance leases, less current maturities 12,239 12,836
Long-term operating leases, less current maturities 35,611
Long-term debt, less current maturities 141,088 109,296
Deferred income taxes 1,355 1,519
Other non-current liabilities 1,914 1,293
Total liabilities 295,494 224,100
Shareholder's equity:    
Preferred stock - $0.01 par value, 2,000,000 shares authorized, none issued and outstanding
Common stock - $0.01 par value, 15,000,000 authorized, 9,646,972 shares issued, and 6,890,118 and 6,921,417 shares outstanding as of March 28, 2020, and September 28, 2019, respectively 96 96
Additional paid-in capital 59,440 59,855
Retained earnings 139,171 136,937
Accumulated other comprehensive loss (1,433) (969)
Treasury stock - 2,756,854 and 2,725,555 shares as of March 28, 2020, and September 28, 2019, respectively (43,133) (41,750)
Equity attributable to Delta Apparel, Inc. 154,141 154,169
Equity attributable to non-controlling interest (504) (281)
Total equity 153,637 153,888
Total liabilities and equity $ 449,131 $ 377,988

Source