v3.20.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 27, 2020
Sep. 28, 2019
Assets    
Cash and cash equivalents $ 14,520 $ 605
Accounts receivable, less allowances of $1,563 and $327, respectively 51,397 59,337
Other receivables 470 1,550
Income tax receivable 700 729
Inventories, net 158,015 179,107
Prepaid expenses and other current assets 3,085 2,270
Total current assets 228,187 243,598
Property, plant and equipment, net of accumulated depreciation of $89,634 and $81,787, respectively 61,273 61,404
Goodwill 37,897 37,897
Intangibles, net 20,341 21,607
Deferred income taxes 7,143 1,514
Operating lease assets 42,920 0
Equity method investment 10,273 10,388
Other assets 2,398 1,580
Total assets 410,432 377,988
Current liabilities:    
Accounts payable 55,004 52,320
Accrued expenses 18,927 20,791
Current portion of contingent consideration 2,685 2,790
Current portion of finance leases 7,099 6,434
Current portion of operating leases 8,720 0
Current portion of long-term debt 8,046 6,540
Total current liabilities 100,481 88,875
Long-term taxes payable 3,585 3,977
Long-term contingent consideration 4,096 6,304
Long-term finance leases, less current maturities 12,934 12,836
Long-term operating leases, less current maturities 35,152 0
Long-term debt, less current maturities 113,939 109,296
Deferred income taxes 1,356 1,519
Other non-current liabilities 2,379 1,293
Total liabilities 273,922 224,100
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 6,890,118 and 6,921,417 shares outstanding as of June 27, 2020, and September 28, 2019, respectively 96 96
Additional paid-in capital 60,154 59,855
Retained earnings 121,390 136,937
Accumulated other comprehensive loss (1,430) (969)
Treasury stock - 2,756,854 and 2,725,555 shares as of June 27, 2020, and September 28, 2019, respectively (43,133) (41,750)
Equity attributable to Delta Apparel, Inc. 137,077 154,169
Equity attributable to non-controlling interest (567) (281)
Total equity 136,510 153,888
Total liabilities and equity $ 410,432 $ 377,988

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