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Unaudited Condensed Consolidated Balance Sheets (USD $)
In Thousands
Oct. 02, 2011
Apr. 03, 2011
Current assets:  
Cash and cash equivalents$ 117$ 205
Accounts receivable (net of allowances of $1,499 at October 2, 2011 and $1,395 at April 3, 2011):  
Due from factor14,22317,819
Other219834
Inventories16,52613,560
Prepaid expenses1,4952,360
Assets held for sale275275
Deferred income taxes295230
Total current assets33,15035,283
Property, plant and equipment - at cost:  
Vehicles7558
Leasehold improvements216215
Machinery and equipment2,4802,622
Furniture and fixtures750730
Property, plant and equipment - gross3,5213,625
Less accumulated depreciation3,0533,153
Property, plant and equipment - net468472
Finite-lived intangible assets - at cost:  
Customer relationships5,4115,411
Other finite-lived intangible assets6,6986,674
Finite-lived intangible assets - gross12,10912,085
Less accumulated amortization5,9075,290
Finite-lived intangible assets - net6,2026,795
Goodwill1,1261,126
Deferred income taxes1,8401,904
Other108122
Total Assets42,89445,702
Current liabilities:  
Accounts payable6,0375,050
Accrued wages and benefits7111,167
Accrued royalties1,5041,181
Income taxes currently payable673409
Other accrued liabilities213212
Current maturities of long-term debt 1,952
Total current liabilities9,1389,971
Non-current liabilities:  
Long-term debt1,1754,336
Commitments and contingencies  
Shareholders' equity:  
Preferred stock - $0.01 par value per share; Authorized no shares at October 2, 2011 and 1,000,000 shares at April 3, 2011; No shares issued at October 2, 2011 and April 3, 2011  
Common stock - $0.01 par value per share; Authorized 40,000,000 shares at October 2, 2011 and 74,000,000 shares at April 3, 2011; Issued 11,051,772 shares at October 2, 2011 and 10,830,772 shares at April 3, 2011111108
Additional paid-in capital43,12742,227
Treasury stock - at cost - 1,396,205 shares at October 2, 2011 and 1,248,162 shares at April 3, 2011(5,093)(4,358)
Accumulated deficit(5,564)(6,582)
Total shareholders' equity32,58131,395
Total Liabilities and Shareholders' Equity$ 42,894$ 45,702