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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 26, 2020
Dec. 28, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 19 $ 769
Receivables, net 38,718 37,138
Inventories, net 86,942 95,509
Prepaids and other current assets 5,007 6,179
TOTAL CURRENT ASSETS 130,686 139,595
PROPERTY, PLANT AND EQUIPMENT, NET 60,151 65,442
OPERATING LEASE RIGHT-OF-USE ASSETS 22,861 24,835
OTHER ASSETS 17,631 17,787
TOTAL ASSETS 231,329 247,659
CURRENT LIABILITIES    
Accounts payable 22,093 16,084
Accrued expenses 27,383 25,418
Current portion of long-term debt 5,724 6,684
Current portion of operating lease liabilities 3,287 3,172
TOTAL CURRENT LIABILITIES 58,487 51,358
LONG-TERM DEBT 68,263 81,667
OPERATING LEASE LIABILITIES 20,191 22,123
OTHER LONG-TERM LIABILITIES 20,262 19,300
TOTAL LIABILITIES 167,203 174,448
COMMITMENTS AND CONTINGENCIES (See Note 18)
STOCKHOLDERS' EQUITY    
Common Stock ($3 par value per share): Authorized 80,000,000 shares, issued and outstanding - 14,933,373 shares for 2020 and 15,025,087 shares for 2019 44,800 45,075
Class B Common Stock ($3 par value per share): Authorized 16,000,000 shares, issued and outstanding - 880,313 shares for 2020 and 836,669 shares for 2019 2,641 2,510
Additional paid-in capital 157,730 157,547
Accumulated deficit (140,002) (131,113)
Accumulated other comprehensive loss (1,043) (808)
TOTAL STOCKHOLDERS' EQUITY 64,126 73,211
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 231,329 $ 247,659