v3.21.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Apr. 03, 2021
Oct. 03, 2020
Assets    
Cash and cash equivalents $ 12,551 $ 16,458
Accounts receivable, less allowances of $577 and $684, respectively 66,079 60,146
Other receivables 408 854
Income tax receivable 0 983
Inventories, net 148,530 145,515
Prepaid expenses and other current assets 4,351 2,812
Total current assets 231,919 226,768
Property, plant and equipment, net of accumulated depreciation of $96,014 and $92,123, respectively 66,207 63,950
Goodwill 37,897 37,897
Intangibles, net 19,162 19,948
Deferred income taxes 3,226 4,052
Operating lease assets 49,570 54,645
Equity method investment 10,742 10,573
Other assets 2,142 2,398
Total assets 420,865 420,231
Liabilities:    
Accounts payable 44,986 49,800
Accrued expenses 18,366 20,174
Income taxes payable 496 379
Current portion of finance leases 7,256 6,956
Current portion of operating leases 8,946 9,039
Current portion of long-term debt 7,536 7,559
Current portion of contingent consideration 2,400 2,120
Total current liabilities 89,986 96,027
Long-term income taxes payable 3,220 3,599
Long-term finance leases, less current maturities 18,552 11,328
Long-term operating leases, less current maturities 42,377 46,570
Long-term debt, less current maturities 114,375 112,782
Long-term contingent consideration 1,910 4,300
Other non-current liabilities 2,470 2,939
Total liabilities 272,890 277,545
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 6,974,660 and 6,890,118 shares outstanding as of March 2021 and September 2020, respectively 96 96
Additional paid-in capital 59,842 61,005
Retained earnings 131,845 126,564
Accumulated other comprehensive loss (998) (1,322)
Treasury stock - 2,672,312 and 2,756,854 shares as of March 2021 and September 2020, respectively (42,149) (43,133)
Equity attributable to Delta Apparel, Inc. 148,636 143,210
Equity attributable to non-controlling interest (661) (524)
Total equity 147,975 142,686
Total liabilities and equity $ 420,865 $ 420,231

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