v3.22.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2022
Oct. 02, 2021
Assets    
Cash and cash equivalents $ 542 $ 9,376
Accounts receivable, less allowances of $91 and $251, respectively 68,435 66,973
Other receivables 1,433 761
Income tax receivable 0 356
Inventories, net 227,671 161,703
Prepaid expenses and other current assets 3,798 3,794
Total current assets 301,879 242,963
Property, plant and equipment, net of accumulated depreciation of $105,998 and $99,225, respectively 75,144 67,564
Goodwill 37,897 37,897
Intangibles, net 24,627 26,291
Deferred income taxes 1,164 1,854
Operating lease assets 47,570 45,279
Equity method investment 10,277 10,433
Other assets 2,893 2,007
Total assets 501,451 434,288
Liabilities:    
Accounts payable 76,244 52,936
Accrued expenses 25,936 29,949
Income taxes payable 666 379
Current portion of finance leases 8,265 6,621
Current portion of operating leases 8,044 8,509
Current portion of long-term debt 7,615 7,067
Current portion of contingent consideration 563 0
Total current liabilities 127,333 105,461
Long-term income taxes payable 2,841 3,220
Long-term finance leases 18,802 15,669
Long-term operating leases 40,940 38,546
Long-term debt 128,230 101,680
Long-term contingent consideration 0 1,897
Other non-current liabilities 1,591 3,621
Total liabilities 319,737 270,094
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 6,914,939 and 6,974,660 shares outstanding as of June 2022 and September 2021, respectively 96 96
Additional paid-in capital 60,822 60,831
Retained earnings 166,882 146,860
Accumulated other comprehensive loss (7) (786)
Treasury stock - 2,732,033 and 2,672,312 shares as of June 2022 and September 2021, respectively (45,432) (42,149)
Equity attributable to Delta Apparel, Inc. 182,361 164,852
Equity attributable to non-controlling interest (647) (658)
Total equity 181,714 164,194
Total liabilities and equity $ 501,451 $ 434,288

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