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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2015
Jun. 28, 2014
Current assets:    
Cash and cash equivalents $ 17,549 $ 27,274
Restricted cash 17,252 15,570
Accounts receivable - trade, net of allowance for doubtful accounts of $477 and $216, at June 27, 2015 and June 28, 2014, respectively 32,723 26,256
Inventories, net 7,990 10,833
Costs and earnings in excess of billings on uncompleted contracts 23,871 19,854
Income taxes receivable   13
Deferred income taxes 359 477
Other current assets 3,129 4,557
Total current assets 102,873 104,834
Property, plant and equipment, net 31,158 31,633
Intangible assets, net 10,441 11,870
Goodwill 15,799 16,076
Deferred income taxes 1,699 2,097
Other assets 523 713
Total assets 162,493 167,223
Current liabilities:    
Accounts payable 31,077 19,914
Current maturities of long-term debt 11,258 2,408
Billings in excess of costs and earnings on uncompleted contracts 8,507 8,848
Commissions payable 2,172 2,422
Income taxes payable 88 463
Deferred income taxes 145 304
Accrued product warranties 2,220 2,527
Customer deposits 2,358 3,129
Accrued liabilities and other 8,981 9,710
Total current liabilities 66,806 49,725
Long-term debt, net of current portion 2,900 14,149
Deferred income taxes 3,426 4,157
Other non-current liabilities $ 1,749 $ 1,720
Commitments and contingencies    
Preferred stock – authorized, 5,000,000 shares of $0.01 par value; no shares issued and outstanding at June 27, 2015 and June 28, 2014    
Stockholders' equity:    
Common stock - authorized, 50,000,000 shares of $0.01 par value; issued and outstanding, 21,281,290 and 21,062,721 shares at June 27, 2015 and June 28, 2014, respectively $ 213 $ 211
Additional paid-in capital 98,892 97,545
Accumulated other comprehensive loss (3,506) (587)
Retained earnings (accumulated deficit) (13,742) (5,270)
Total PFMG, Inc.'s stockholders' equity 81,857 91,899
Noncontrolling interest 5,755 5,573
Total equity 87,612 97,472
Total liabilities and equity $ 162,493 $ 167,223