Restatement

We have restated our consolidated financial statements as of December 31, 2013, and for the years ended December 31, 2013 and 2012 and our unaudited quarterly financial information for the first three quarters in the year ended December 31, 2014 and for each of the quarters in the year ended December 31, 2013, to correct errors in prior periods primarily related to (i) a long-term contract (“Contract”) following the discovery of misconduct by employees in the recording of direct labor costs to the Contract from 2009 through the third quarter 2014 which resulted in the identification of a forward loss provision that should have been recorded in 2009 and the impact on subsequent periods of adjustments to the forward loss provision based on information available at the time (“Forward Loss Adjustments”); and (ii) the year end reconciliation of income taxes payable and deferred tax balances identified errors primarily in 2013, 2012, and 2011 (“Tax Adjustments”). The misconduct and its related financial impact were concealed from our senior management, internal auditors, and external auditors.

The Forward Loss Adjustments were based on certain assumptions and estimates. To determine the loss on the Contract, we estimated the number of units we would have expected to ship over the life of the Contract at inception of the Contract using external market industry data for fiscal years 2009, 2010, 2011, 2012, and 2013. We used data obtained directly from the customer for 2014 and 2015. The total estimated costs at any given point in time would typically include actual historical costs up to that time plus the estimated cost to produce units to be delivered. In addition, the estimated total cost for the life of the Contract includes certain inefficiencies on labor, material, and overhead costs during the initial start-up period. However, as we progress along the learning curve, the direct labor hours and overhead rates are expected to decrease as we gain technical knowhow and efficiency in producing the product. As a result of the misconduct by the employees in the recording of direct labor hours to the Contract, the historical actual direct labor hours charged to the Contract were inaccurate. As a result, we estimated the costs to complete future units at the end of each period based on an estimate of the direct labor hours chargeable to the Contract, including consideration of anticipated learning curve efficiencies that would decrease the direct labor hours over the remaining term of the Contract. Further, we used the actual direct labor hours incurred by the employees assigned to the Contract as a basis for projecting future hours, less an estimate of the time not allocable to the Contract. Using this model, we calculated the Forward Loss Adjustments from the inception of the Contract in 2009 through the expected life of the Contract. As a result of the Forward Loss Adjustments, cost of goods sold increased (decreased) approximately $6.7 million in 2009, $1.3 million in 2010, $(0.3) million in 2011, $(2.2) million in 2012, $(0.9) million in 2013, and $(0.8) million in the nine months ended September 27, 2014.

The Tax Adjustments were necessary as a result of certain calculation errors. The Tax Adjustments resulted in a net decrease to income tax expense of approximately $0.9 million in 2013 and zero in 2012. The Tax Adjustments in 2011 resulted in a reduction to the carrying value of goodwill totaling approximately $4.0 million due to a calculation error in the original purchase price allocation and subsequent performance of step 2 of our annual goodwill impairment analysis related to deferred income taxes and thus, (i) reduced deferred income taxes by approximately $2.7 million and (ii) generated a pre-tax goodwill impairment charge of approximately $1.4 million. Further, the Tax Adjustments in 2011 reduced deferred tax assets by approximately $1.6 million that were established as a result of shared-based compensation expenses recorded previously and should have been reduced as the tax deductions were utilized. Moreover, the restated amounts include previously identified and disclosed immaterial adjustments.

We evaluated the cumulative impact of these items on prior periods in accordance with the guidance in ASC 250-10, Accounting Changes and Error Corrections, relating to SEC Staff Accounting Bulletin No. 99, Materiality (“SAB 99”) and SAB No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements (“SAB 108”), and we concluded these errors were in the aggregate material to the prior reporting periods, and therefore, restatement of previously filed financial statements was necessary to our previously issued 2013, 2012, 2011, and 2010 financial statements.

The adjustments related to the years prior to 2012 are reflected in the beginning retained earnings for 2012. The cumulative impact of these adjustments decreased retained earnings by approximately $7.0 million, net of tax, at the beginning of 2012.

The account balances labeled “As Reported” in the following tables for the years ended December 31, 2013 and 2012 represent the previously reported audited balances in our Annual Report on Form 10-K (“Form 10-K”) for the year ended December 31, 2013. Certain prior period amounts have been reclassified to conform to current year’s presentation. The effects of these prior period errors on the consolidated financial statements are as follows (in thousands, except per share data):



	December 31, 2013
Consolidated Balance Sheet:	As Reported			Adjustments			As Restated
Assets
Current Assets
Cash and cash equivalents	$	48,814		$	—		$	48,814
Accounts receivable (less allowance for doubtful accounts of $489 at December 31, 2013)	91,909			—			91,909
Inventories	140,507			—			140,507
Production cost of contracts	11,599			—			11,599
Deferred income taxes	10,850			1,819			12,669
Other current assets	27,085			998			28,083
Total Current Assets	330,764			2,817			333,581
Property and Equipment, Net	96,090			—			96,090
Goodwill	161,940			(4,371		)	157,569
Intangibles, Net	165,465			—			165,465
Other Assets	9,940			—			9,940
Total Assets	$	764,199		$	(1,554	)	$	762,645
Liabilities and Shareholders’ Equity
Current Liabilities
Current portion of long-term debt	$	25		$	—		$	25
Accounts payable	58,111			—			58,111
Accrued liabilities	45,453			4,669			50,122
Total Current Liabilities	103,589			4,669			108,258
Long-Term Debt, Less Current Portion	332,677			—			332,677
Deferred Income Taxes	68,489			(500		)	67,989
Other Long-Term Liabilities	19,750			(300		)	19,450
Total Liabilities	524,505			3,869			528,374
Commitments and Contingencies
Shareholders’ Equity
Common stock - $0.01 par value; 35,000,000 shares authorized; 10,960,054 shares issued at December 31, 2013	110			—			110
Treasury stock, at cost; 143,300 shares at December 31, 2013	(1,924		)	—			(1,924		)
Additional paid-in capital	70,542			(1,633		)	68,909
Retained earnings	174,828			(3,790		)	171,038
Accumulated other comprehensive loss	(3,862		)	—			(3,862		)
Total Shareholders’ Equity	239,694			(5,423		)	234,271
Total Liabilities and Shareholders’ Equity	$	764,199		$	(1,554	)	$	762,645



	Year Ended December 31, 2013
Consolidated Statement of Income:	As Reported			Adjustments			As Restated
Net Revenues	$	736,650		$	—		$	736,650
Cost of Sales	614,233			(1,735		)	612,498
Gross Profit	122,417			1,735			124,152
Selling, General and Administrative Expenses	84,849			—			84,849
Operating Income	37,568			1,735			39,303
Interest Expense	(29,918		)	—			(29,918		)
Income Before Taxes	7,650			1,735			9,385
Income Tax Benefit	(1,693		)	(300		)	(1,993		)
Net Income	$	9,343		$	2,035		$	11,378
Earnings Per Share
Basic earnings per share	$	0.87		$	0.19		$	1.06
Diluted earnings per share	$	0.86		$	0.19		$	1.05
Weighted-Average Number of Shares Outstanding
Basic	10,695			—			10,695
Diluted	10,852			—			10,852



	Year Ended December 31, 2012
Consolidated Statement of Income:	As Reported			Adjustments			As Restated
Net Revenues	$	747,037		$	—		$	747,037
Cost of Sales	605,585			(2,525		)	603,060
Gross Profit	141,452			2,525			143,977
Selling, General and Administrative Expenses	86,639			416			87,055
Operating Income	54,813			2,109			56,922
Interest Expense	(32,798		)	—			(32,798		)
Income Before Taxes	22,015			2,109			24,124
Income Tax Expense	5,578			923			6,501
Net Income	$	16,437		$	1,186		$	17,623
Earnings Per Share
Basic earnings per share	$	1.55		$	0.11		$	1.67
Diluted earnings per share	$	1.55		$	0.11		$	1.66
Weighted-Average Number of Shares Outstanding
Basic	10,580			—			10,580
Diluted	10,628			—			10,628



	Year Ended December 31, 2013
Consolidated Statement of Comprehensive Income:	As Reported		Adjustments		As Restated
Net Income	$	9,343	$	2,035	$	11,378
Pension Adjustments
Amortization of actuarial loss included in net income, net of tax benefit of $408 for 2013	685		—		685
Actuarial gain arising during the period, net of tax expense of $1,737 for 2013	2,921		—		2,921
Other Comprehensive Income	3,606		—		3,606
Comprehensive Income	$	12,949	$	2,035	$	14,984



	Year Ended December 31, 2012
Consolidated Statement of Comprehensive Income:	As Reported			Adjustments		As Restated
Net Income	$	16,437		$	1,186	$	17,623
Pension Adjustments
Amortization of actuarial loss included in net income, net of tax benefit of $427 for 2012	720			—		720
Actuarial loss arising during the period, net of tax benefit of $300 for 2012	(863		)	—		(863		)
Other Comprehensive Loss	(143		)	—		(143		)
Comprehensive Income	$	16,294		$	1,186	$	17,480



	Year Ended December 31, 2013
Consolidated Cash Flow Statement:	As Reported			Adjustments			As Restated
Cash Flows from Operating Activities
Net Income	$	9,343		$	2,035		$	11,378
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
Depreciation and amortization	30,926			—			30,926
Asset impairments	6,975			—			6,975
Stock-based compensation expense	2,438			—			2,438
Deferred income taxes	(2,242		)	691			(1,551		)
Recovery of doubtful accounts	(77		)	—			(77		)
Other	6,223			(886		)	5,337
Changes in Assets and Liabilities:
Accounts receivable	5,468			—			5,468
Inventories	7,811			(849		)	6,962
Production cost of contracts	(5,101		)	—			(5,101		)
Other assets	(11,192		)	(981		)	(12,173		)
Accounts payable	4,533			—			4,533
Accrued and other liabilities	(9,143		)	(10		)	(9,153		)
Net Cash Provided by Operating Activities	45,962			—			45,962
Cash Flows from Investing Activities
Purchases of property and equipment	(12,403		)	—			(12,403		)
Proceeds from sales of assets	139			—			139
Net Cash Used in Investing Activities	(12,264		)	—			(12,264		)
Cash Flows from Financing Activities
Repayment of term loan and other debt	(33,024		)	—			(33,024		)
Debt issue cost paid	(365		)	—			(365		)
Net proceeds from issuance of common stock under stock plans	1,968			—			1,968
Net Cash Used in Financing Activities	(31,421		)	—			(31,421		)
Net Increase in Cash and Cash Equivalents	2,277			—			2,277
Cash and Cash Equivalents at Beginning of Year	46,537			—			46,537
Cash and Cash Equivalents at End of Year	$	48,814		$	—		$	48,814
Supplemental Disclosures of Cash Flow Information
Interest paid	$	27,614		$	—		$	27,614
Taxes paid	$	7,835		$	—		$	7,835
Non-cash activities:
Purchases of property and equipment not paid	$	1,000		$	—		$	1,000



	Year Ended December 31, 2012
Consolidated Cash Flow Statement:	As Reported			Adjustments			As Restated
Cash Flows from Operating Activities
Net Income	$	16,437		$	1,186		$	17,623
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
Depreciation and amortization	29,413			—			29,413
Stock-based compensation expense	1,959			—			1,959
Deferred income taxes	(142		)	1,240			1,098
Provision for doubtful accounts	78			—			78
Other	2,391			(2,210		)	181
Changes in Assets and Liabilities:
Accounts receivable	(1,204		)	—			(1,204		)
Inventories	6,185			(315		)	5,870
Production cost of contracts	(1,324		)	—			(1,324		)
Other assets	6,846			(17		)	6,829
Accounts payable	(8,097		)	—			(8,097		)
Accrued and other liabilities	(5,008		)	116			(4,892		)
Net Cash Provided by Operating Activities	47,534			—			47,534
Cash Flows from Investing Activities
Purchases of property and equipment	(15,813		)	—			(15,813		)
Proceeds from sales of assets	31			—			31
Net Cash Used in Investing Activities	(15,782		)	—			(15,782		)
Cash Flows from Financing Activities
Repayment of term loan and other debt	(26,478		)	—			(26,478		)
Net proceeds from issuance of common stock under stock plans	(186		)	—			(186		)
Net Cash Used in Financing Activities	(26,664		)	—			(26,664		)
Net Increase in Cash and Cash Equivalents	5,088			—			5,088
Cash and Cash Equivalents at Beginning of Year	41,449			—			41,449
Cash and Cash Equivalents at End of Year	$	46,537		$	—		$	46,537
Supplemental Disclosures of Cash Flow Information
Interest paid	$	31,505		$	—		$	31,505
Taxes paid	$	1,953		$	—		$	1,953

The following tables present the unaudited condensed consolidated quarterly financial data for the first three quarters in the years ended December 31, 2014 and 2013 (in thousands, except per share data):



	September 27, 2014									June 28, 2014
Unaudited Condensed Consolidated Balance Sheets:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Assets
Current Assets
Cash and cash equivalents	$	40,852		$	—		$	40,852		$	43,751		$	—		$	43,751
Accounts receivable (less allowance for doubtful accounts of $275 and $254 at September 27, 2014 and June 28, 2014, respectively)	104,396			—			104,396			105,209			—			105,209
Inventories	145,468			—			145,468			142,201			—			142,201
Production cost of contracts	10,375			—			10,375			11,023			—			11,023
Deferred income taxes	13,664			1,521			15,185			11,513			1,416			12,929
Other current assets	20,444			1,486			21,930			20,602			998			21,600
Total Current Assets	335,199			3,007			338,206			334,299			2,414			336,713
Property and Equipment, Net	93,181			—			93,181			94,070			—			94,070
Goodwill	161,940			(4,371		)	157,569			161,940			(4,371		)	157,569
Intangibles, Net	157,694			—			157,694			160,285			—			160,285
Other Assets	7,657			—			7,657			8,660			—			8,660
Total Assets	$	755,671		$	(1,364	)	$	754,307		$	759,254		$	(1,957	)	$	757,297
Liabilities and Shareholders’ Equity
Current Liabilities
Current portion of long-term debt	$	26		$	—		$	26		$	26		$	—		$	26
Accounts payable	55,083			—			55,083			53,749			—			53,749
Accrued liabilities	42,916			3,871			46,787			47,973			3,589			51,562
Total Current Liabilities	98,025			3,871			101,896			101,748			3,589			105,337
Long-Term Debt, Less Current Portion	310,157			—			310,157			317,664			—			317,664
Deferred Income Taxes	73,078			(500		)	72,578			69,747			(500		)	69,247
Other Long-Term Liabilities	16,858			(300		)	16,558			17,456			(300		)	17,156
Total Liabilities	498,118			3,071			501,189			506,615			2,789			509,404
Commitments and Contingencies
Shareholders’ Equity
Common stock - $0.01 par value; 35,000,000 shares authorized; 10,945,806 and 10,892,133 shares issued at September 27, 2014 and June 28, 2014, respectively	109			—			109			109			—			109
Additional paid-in capital	72,563			(1,633		)	70,930			70,337			(1,633		)	68,704
Retained earnings	188,551			(2,802		)	185,749			185,929			(3,113		)	182,816
Accumulated other comprehensive loss	(3,670		)	—			(3,670		)	(3,736		)	—			(3,736		)
Total Shareholders’ Equity	257,553			(4,435		)	253,118			252,639			(4,746		)	247,893
Total Liabilities and Shareholders’ Equity	$	755,671		$	(1,364	)	$	754,307		$	759,254		$	(1,957	)	$	757,297



	March 29, 2014
Unaudited Condensed Consolidated Balance Sheet:	As Reported			Adjustments			As Restated
Assets
Current Assets
Cash and cash equivalents	$	29,415		$	—		$	29,415
Accounts receivable (less allowance for doubtful accounts of $427 at March 29, 2014)	100,570			—			100,570
Inventories	148,895			—			148,895
Production cost of contracts	10,479			—			10,479
Deferred income taxes	13,836			1,504			15,340
Other current assets	21,664			998			22,662
Total Current Assets	324,859			2,502			327,361
Property and Equipment, Net	94,168			—			94,168
Goodwill	161,940			(4,371		)	157,569
Intangibles, Net	162,875			—			162,875
Other Assets	9,320			—			9,320
Total Assets	$	753,162		$	(1,869	)	$	751,293
Liabilities and Shareholders’ Equity
Current Liabilities
Current portion of long-term debt	$	25		$	—		$	25
Accounts payable	53,973			—			53,973
Accrued liabilities	39,628			3,824			43,452
Total Current Liabilities	93,626			3,824			97,450
Long-Term Debt, Less Current Portion	325,171			—			325,171
Deferred Income Taxes	70,556			(500		)	70,056
Other Long-Term Liabilities	18,922			(300		)	18,622
Total Liabilities	508,275			3,024			511,299
Commitments and Contingencies
Shareholders’ Equity
Common stock - $0.01 par value; 35,000,000 shares authorized; 10,999,632 shares issued at March 29, 2014	110			—			110
Treasury stock, at cost; 143,300 shares at March 29, 2014	(1,924		)	—			(1,924		)
Additional paid-in capital	71,037			(1,633		)	69,404
Retained earnings	179,457			(3,260		)	176,197
Accumulated other comprehensive loss	(3,793		)	—			(3,793		)
Total Shareholders’ Equity	244,887			(4,893		)	239,994
Total Liabilities and Shareholders’ Equity	$	753,162		$	(1,869	)	$	751,293



	Three Months Ended September 27, 2014									Nine Months Ended September 27, 2014
Unaudited Condensed Consolidated Statements of Income:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Net Revenues	$	188,164		$	—		$	188,164		$	554,433		$	—		$	554,433
Cost of Sales	154,770			282			155,052			448,526			(798		)	447,728
Gross Profit	33,394			(282		)	33,112			105,907			798			106,705
Selling, General and Administrative Expenses	23,050			—			23,050			65,005			—			65,005
Operating Income	10,344			(282		)	10,062			40,902			798			41,700
Interest Expense	(6,975		)	—			(6,975		)	(21,094		)	—			(21,094		)
Other Income	1,600			—			1,600			1,600			—			1,600
Income Before Taxes	4,969			(282		)	4,687			21,408			798			22,206
Income Tax Expense	2,347			(593		)	1,754			7,685			(190		)	7,495
Net Income	$	2,622		$	311		$	2,933		$	13,723		$	988		$	14,711
Earnings Per Share
Basic earnings per share	$	0.24		$	0.03		$	0.27		$	1.26		$	0.09		$	1.35
Diluted earnings per share	$	0.24		$	0.03		$	0.26		$	1.23		$	0.09		$	1.31
Weighted-Average Number of Shares Outstanding
Basic	10,921			—			10,921			10,902			—			10,902
Diluted	11,150			—			11,150			11,202			—			11,202



	Three Months Ended June 28, 2014									Six Months Ended June 28, 2014
Unaudited Condensed Consolidated Statements of Income:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Net Revenues	$	186,516		$	—		$	186,516		$	366,269		$	—		$	366,269
Cost of Sales	149,073			(235		)	148,838			293,756			(1,080		)	292,676
Gross Profit	37,443			235			37,678			72,513			1,080			73,593
Selling, General and Administrative Expenses	20,868			—			20,868			41,955			—			41,955
Operating Income	16,575			235			16,810			30,558			1,080			31,638
Interest Expense	(6,994		)	—			(6,994		)	(14,119		)	—			(14,119		)
Income Before Taxes	9,581			235			9,816			16,439			1,080			17,519
Income Tax Expense	3,109			88			3,197			5,338			403			5,741
Net Income	$	6,472		$	147		$	6,619		$	11,101		$	677		$	11,778
Earnings Per Share
Basic earnings per share	$	0.60		$	0.01		$	0.61		$	1.02		$	0.06		$	1.08
Diluted earnings per share	$	0.59		$	0.01		$	0.60		$	1.00		$	0.06		$	1.06
Weighted-Average Number of Shares Outstanding
Basic	10,871			—			10,871			10,864			—			10,864
Diluted	11,045			—			11,045			11,122			—			11,122



	Three Months Ended March 29, 2014
Unaudited Condensed Consolidated Statement of Income:	As Reported			Adjustments			As Restated
Net Revenues	$	179,753		$	—		$	179,753
Cost of Sales	144,683			(845		)	143,838
Gross Profit	35,070			845			35,915
Selling, General and Administrative Expenses	21,087			—			21,087
Operating Income	13,983			845			14,828
Interest Expense	(7,125		)	—			(7,125		)
Income Before Taxes	6,858			845			7,703
Income Tax Expense	2,229			315			2,544
Net Income	$	4,629		$	530		$	5,159
Earnings Per Share
Basic earnings per share	$	0.43		$	0.05		$	0.48
Diluted earnings per share	$	0.42		$	0.05		$	0.46
Weighted-Average Number of Shares Outstanding
Basic	10,844			—			10,844
Diluted	11,107			—			11,107



	Three Months Ended September 27, 2014								Nine Months Ended September 27, 2014
Unaudited Condensed Consolidated Statements of Comprehensive Income:	As Reported			Adjustments		As Restated			As Reported			Adjustments		As Restated
Net Income	$	2,622		$	311	$	2,933		$	13,723		$	988	$	14,711
Pension Adjustments
Amortization of actuarial loss and prior service costs, net of tax benefit of approximately $40 and $124 for the three months and nine months ended September 27, 2014, respectively	(66		)	—		(66		)	(192		)	—		(192		)
Other Comprehensive Loss	(66		)	—		(66		)	(192		)	—		(192		)
Comprehensive Income	$	2,556		$	311	$	2,867		$	13,531		$	988	$	14,519



	Three Months Ended June 28, 2014								Six Months Ended June 28, 2014
Unaudited Condensed Consolidated Statements of Comprehensive Income:	As Reported			Adjustments		As Restated			As Reported			Adjustments		As Restated
Net Income	$	6,472		$	147	$	6,619		$	11,101		$	677	$	11,778
Pension Adjustments
Amortization of actuarial loss and prior service costs, net of tax benefit of approximately $48 and $84 for the three months and six months ended June 28, 2014, respectively	(57		)	—		(57		)	(126		)	—		(126		)
Other Comprehensive Loss	(57		)	—		(57		)	(126		)	—		(126		)
Comprehensive Income	$	6,415		$	147	$	6,562		$	10,975		$	677	$	11,652



	Three Months Ended March 29, 2014
Unaudited Condensed Consolidated Statement of Comprehensive Income:	As Reported			Adjustments		As Restated
Net Income	$	4,629		$	530	$	5,159
Pension Adjustments
Amortization of actuarial loss included in net income, net of tax benefit of $36 for the three months ended March 29, 2014	(69		)	—		(69		)
Other Comprehensive Loss	(69		)	—		(69		)
Comprehensive Income	$	4,560		$	530	$	5,090



	Nine Months Ended September 27, 2014									Six Months Ended June 28, 2014
Unaudited Condensed Consolidated Cash Flow Statements:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Cash Flows from Operating Activities
Net Income	$	13,723		$	988		$	14,711		$	11,101		$	677		$	11,778
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
Depreciation and amortization	21,829			—			21,829			15,125			—			15,125
Stock-based compensation expense	2,520			—			2,520			1,288			—			1,288
Deferred income taxes	1,775			298			2,073			595			403			998
Recovery of doubtful accounts	(214		)	—			(214		)	(235		)	—			(235		)
Other	649			(798		)	(149		)	1,111			(1,080		)	31
Changes in Assets and Liabilities:
Accounts receivable	(12,273		)	—			(12,273		)	(13,066		)	—			(13,066		)
Inventories	(4,961		)	—			(4,961		)	(1,694		)	—			(1,694		)
Production cost of contracts	(1,408		)	—			(1,408		)	(1,734		)	—			(1,734		)
Other assets	7,121			(488		)	6,633			6,563			—			6,563
Accounts payable	(2,447		)	—			(2,447		)	(4,363		)	—			(4,363		)
Accrued and other liabilities	(5,400		)	—			(5,400		)	835			—			835
Net Cash Provided by Operating Activities	20,914			—			20,914			15,526			—			15,526
Cash Flows from Investing Activities
Purchases of property and equipment	(9,329		)	—			(9,329		)	(5,997		)	—			(5,997		)
Proceeds from sales of assets	83			—			83			51			—			51
Insurance recoveries related to property and equipment	1,600			—			1,600			—			—			—
Net Cash Used in Investing Activities	(7,646		)	—			(7,646		)	(5,946		)	—			(5,946		)
Cash Flows from Financing Activities
Repayment of term loan and other debt	(22,519		)	—			(22,519		)	(15,012		)	—			(15,012		)
Net proceeds from issuance of common stock under stock plans	1,289			—			1,289			369			—			369
Net Cash Used in Financing Activities	(21,230		)	—			(21,230		)	(14,643		)	—			(14,643		)
Net Decrease in Cash and Cash Equivalents	(7,962		)	—			(7,962		)	(5,063		)	—			(5,063		)
Cash and Cash Equivalents at Beginning of Year	48,814			—			48,814			48,814			—			48,814
Cash and Cash Equivalents at End of Year	$	40,852		$	—		$	40,852		$	43,751		$	—		$	43,751
Supplemental Disclosures of Cash Flow Information
Interest paid	$	24,090		$	—		$	24,090		$	1,440		$	—		$	1,440
Taxes paid	$	3,410		$	—		$	3,410		$	3,249		$	—		$	3,249
Non-cash activities:
Purchases of property and equipment not paid	$	418		$	—		$	418		$	722		$	—		$	722



	Three Months Ended March 29, 2014
Unaudited Condensed Consolidated Cash Flow Statement:	As Reported			Adjustments			As Restated
Cash Flows from Operating Activities
Net Income	$	4,629		$	530		$	5,159
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
Depreciation and amortization	7,426			—			7,426
Stock-based compensation expense	364			—			364
Deferred income taxes	(919		)	315			(604		)
Recovery of doubtful accounts	(62		)	—			(62		)
Other	88			(845		)	(757		)
Changes in Assets and Liabilities:
Accounts receivable	(8,599		)	—			(8,599		)
Inventories	(8,388		)	—			(8,388		)
Production cost of contracts	513			—			513
Other assets	5,440			—			5,440
Accounts payable	(4,138		)	—			(4,138		)
Accrued and other liabilities	(6,067		)	—			(6,067		)
Net Cash Used in Operating Activities	(9,713		)	—			(9,713		)
Cash Flows from Investing Activities
Purchases of property and equipment	(2,192		)	—			(2,192		)
Proceeds from sales of assets	5			—			5
Net Cash Used in Investing Activities	(2,187		)	—			(2,187		)
Cash Flows from Financing Activities
Repayment of term loan and other debt	(7,506		)	—			(7,506		)
Net proceeds from issuance of common stock under stock plans	7			—			7
Net Cash Used in Financing Activities	(7,499		)	—			(7,499		)
Net Decrease in Cash and Cash Equivalents	(19,399		)	—			(19,399		)
Cash and Cash Equivalents at Beginning of Year	48,814			—			48,814
Cash and Cash Equivalents at End of Year	$	29,415		$	—		$	29,415
Supplemental Disclosures of Cash Flow Information
Interest paid	$	11,397		$	—		$	11,397
Taxes paid	$	58		$	—		$	58
Non-cash activities:
Purchases of property and equipment not paid	$	182		$	—		$	182



	September 28, 2013									June 29, 2013
Unaudited Condensed Consolidated Balance Sheets:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Assets
Current Assets
Cash and cash equivalents	$	32,597		$	—		$	32,597		$	33,510		$	—		$	33,510
Accounts receivable (less allowance for doubtful accounts of $425 and $532 at September 28, 2013 and June 29, 2013, respectively)	92,637			—			92,637			105,577			—			105,577
Inventories	148,524			—			148,524			148,906			(1,080		)	147,826
Production cost of contracts	19,926			—			19,926			19,049			—			19,049
Deferred income taxes	7,110			1,601			8,711			7,016			2,136			9,152
Other current assets	23,505			1,466			24,971			18,005			17			18,022
Total Current Assets	324,299			3,067			327,366			332,063			1,073			333,136
Property and Equipment, Net	93,840			—			93,840			95,602			—			95,602
Goodwill	161,940			(4,371		)	157,569			161,940			(4,371		)	157,569
Intangibles, Net	168,188			—			168,188			170,911			—			170,911
Other Assets	11,779			—			11,779			12,310			—			12,310
Total Assets	$	760,046		$	(1,304	)	$	758,742		$	772,826		$	(3,298	)	$	769,528
Liabilities and Shareholders’ Equity
Current Liabilities
Current portion of long-term debt	$	3,029		$	—		$	3,029		$	3,033		$	—		$	3,033
Accounts payable	49,668			—			49,668			50,864			—			50,864
Accrued liabilities	39,320			4,300			43,620			48,392			4,655			53,047
Total Current Liabilities	92,017			4,300			96,317			102,289			4,655			106,944
Long-Term Debt, Less Current Portion	340,184			—			340,184			347,690			—			347,690
Deferred Income Taxes	64,504			(621		)	63,883			65,980			(621		)	65,359
Other Long-Term Liabilities	22,097			(300		)	21,797			22,900			(300		)	22,600
Total Liabilities	518,802			3,379			522,181			538,859			3,734			542,593
Commitments and Contingencies
Shareholders’ Equity
Common stock - $0.01 par value; 35,000,000 shares authorized; 10,923,469 and 10,822,180 shares issued at September 28, 2013 and June 29, 2013, respectively	109			—			109			108			—			108
Treasury stock, at cost; 143,300 shares at both September 28, 2013 and June 29, 2013	(1,924		)	—			(1,924		)	(1,924		)	—			(1,924		)
Additional paid-in capital	70,679			(1,633		)	69,046			68,211			(1,633		)	66,578
Retained earnings	179,332			(3,050		)	176,282			174,696			(5,399		)	169,297
Accumulated other comprehensive loss	(6,952		)	—			(6,952		)	(7,124		)	—			(7,124		)
Total Shareholders’ Equity	241,244			(4,683		)	236,561			233,967			(7,032		)	226,935
Total Liabilities and Shareholders’ Equity	$	760,046		$	(1,304	)	$	758,742		$	772,826		$	(3,298	)	$	769,528



	March 30, 2013
Unaudited Condensed Consolidated Balance Sheet:	As Reported			Adjustments			As Restated
Assets
Current Assets
Cash and cash equivalents	$	29,994		$	—		$	29,994
Accounts receivable (less allowance for doubtful accounts of $409 at March 30, 2013)	96,391			—			96,391
Inventories	149,402			(940		)	148,462
Production cost of contracts	20,193			—			20,193
Deferred income taxes	11,077			2,232			13,309
Other current assets	12,756			17			12,773
Total Current Assets	319,813			1,309			321,122
Property and Equipment, Net	97,005			—			97,005
Goodwill	161,940			(4,371		)	157,569
Intangibles, Net	173,633			—			173,633
Other Assets	13,217			—			13,217
Total Assets	$	765,608		$	(3,062	)	$	762,546
Liabilities and Shareholders’ Equity
Current Liabilities
Current portion of long-term debt	$	3,038		$	—		$	3,038
Accounts payable	50,481			—			50,481
Accrued liabilities	40,048			5,053			45,101
Total Current Liabilities	93,567			5,053			98,620
Long-Term Debt, Less Current Portion	355,196			—			355,196
Deferred Income Taxes	66,386			(621		)	65,765
Other Long-Term Liabilities	23,239			(300		)	22,939
Total Liabilities	538,388			4,132			542,520
Commitments and Contingencies
Shareholders’ Equity
Common stock - $0.01 par value; 35,000,000 shares authorized; 10,746,950 shares issued at March 30, 2013	107			—			107
Treasury stock, at cost; 143,300 shares at March 30, 2013	(1,924		)	—			(1,924		)
Additional paid-in capital	67,141			(1,633		)	65,508
Retained earnings	169,192			(5,561		)	163,631
Accumulated other comprehensive loss	(7,296		)	—			(7,296		)
Total Shareholders’ Equity	227,220			(7,194		)	220,026
Total Liabilities and Shareholders’ Equity	$	765,608		$	(3,062	)	$	762,546



	Three Months Ended September 28, 2013									Nine Months Ended September 28, 2013
Unaudited Condensed Consolidated Statements of Income:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Net Revenues	$	181,288		$	—		$	181,288		$	548,675		$	—		$	548,675
Cost of Sales	148,984			(1,435		)	147,549			446,202			(2,114		)	444,088
Gross Profit	32,304			1,435			33,739			102,473			2,114			104,587
Selling, General and Administrative Expenses	20,351			—			20,351			65,175			—			65,175
Operating Income	11,953			1,435			13,388			37,298			2,114			39,412
Interest Expense	(7,403		)	—			(7,403		)	(22,668		)	—			(22,668		)
Other Income	—			—			—			—			—			—
Income Before Taxes	4,550			1,435			5,985			14,630			2,114			16,744
Income Tax (Benefit) Expense	(86		)	(914		)	(1,000		)	783			(661		)	122
Net Income	$	4,636		$	2,349		$	6,985		$	13,847		$	2,775		$	16,622
Earnings Per Share:
Basic earnings per share	$	0.43		$	0.22		$	0.65		$	1.30		$	0.26		$	1.56
Diluted earnings per share	$	0.42		$	0.22		$	0.64		$	1.28		$	0.26		$	1.54
Weighted-Average Number of Shares Outstanding:
Basic	10,722			—			10,722			10,657			—			10,657
Diluted	10,917			—			10,917			10,785			—			10,785



	Three Months Ended June 29, 2013									Six Months Ended June 29, 2013
Unaudited Condensed Consolidated Statements of Income:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Net Revenues	$	191,472		$	—		$	191,472		$	367,387		$	—		$	367,387
Cost of Sales	154,156			(258		)	153,898			297,218			(679		)	296,539
Gross Profit	37,316			258			37,574			70,169			679			70,848
Selling, General and Administrative Expenses	22,273			—			22,273			44,824			—			44,824
Operating Income	15,043			258			15,301			25,345			679			26,024
Interest Expense	(7,442		)	—			(7,442		)	(15,265		)	—			(15,265		)
Income Before Taxes	7,601			258			7,859			10,080			679			10,759
Income Tax Expense	2,097			96			2,193			869			253			1,122
Net Income	$	5,504		$	162		$	5,666		$	9,211		$	426		$	9,637
Earnings Per Share
Basic earnings per share	$	0.52		$	0.02		$	0.53		$	0.87		$	0.04		$	0.91
Diluted earnings per share	$	0.51		$	0.02		$	0.53		$	0.86		$	0.04		$	0.90
Weighted-Average Number of Shares Outstanding
Basic	10,648			—			10,648			10,624			—			10,624
Diluted	10,790			—			10,790			10,731			—			10,731



	Three Months Ended March 30, 2013
Unaudited Condensed Consolidated Statement of Income:	As Reported			Adjustments			As Restated
Net Revenues	$	175,915		$	—		$	175,915
Cost of Sales	143,062			(421		)	142,641
Gross Profit	32,853			421			33,274
Selling, General and Administrative Expenses	22,551			—			22,551
Operating Income	10,302			421			10,723
Interest Expense	(7,823		)	—			(7,823		)
Income Before Taxes	2,479			421			2,900
Income Tax Benefit	(1,228		)	157			(1,071		)
Net Income	$	3,707		$	264		$	3,971
Earnings Per Share
Basic earnings per share	$	0.35		$	0.02		$	0.37
Diluted earnings per share	$	0.35		$	0.02		$	0.37
Weighted-Average Number of Shares Outstanding
Basic	10,600			—			10,600
Diluted	10,670			—			10,670



	Three Months Ended September 28, 2013								Nine Months Ended September 28, 2013
Unaudited Condensed Consolidated Statements of Comprehensive Income:	As Reported			Adjustments		As Restated			As Reported			Adjustments		As Restated
Net Income	$	4,636		$	2,349	$	6,985		$	13,847		$	2,775	$	16,622
Pension Adjustments
Amortization of actuarial loss and prior service costs, net of tax benefit of approximately $102 and $306 for the three months and nine months ended September 28, 2013, respectively	(172		)	—		(172		)	(516		)	—		(516		)
Other Comprehensive Loss	(172		)	—		(172		)	(516		)	—		(516		)
Comprehensive Income	$	4,464		$	2,349	$	6,813		$	13,331		$	2,775	$	16,106



	Three Months Ended June 29, 2013								Six Months Ended June 29, 2013
Unaudited Condensed Consolidated Statements of Comprehensive Income:	As Reported			Adjustments		As Restated			As Reported			Adjustments		As Restated
Net Income	$	5,504		$	162	$	5,666		$	9,211		$	426	$	9,637
Pension Adjustments
Amortization of actuarial loss and prior service costs, net of tax benefit of approximately $102 and $204 for the three months and six months ended June 29, 2013, respectively	(172		)	—		(172		)	(344		)	—		(344		)
Other Comprehensive Loss	(172		)	—		(172		)	(344		)	—		(344		)
Comprehensive Income	$	5,332		$	162	$	5,494		$	8,867		$	426	$	9,293



	Three Months Ended March 30, 2013
Unaudited Condensed Consolidated Statement of Comprehensive Income:	As Reported			Adjustments		As Restated
Net Income	$	3,707		$	264	$	3,971
Pension Adjustments
Amortization of actuarial loss included in net income, net of tax benefit of $102 for the three months ended March 30, 2013	(172		)	—		(172		)
Other Comprehensive Loss	(172		)	—		(172		)
Comprehensive Income	$	3,535		$	264	$	3,799



	Nine Months Ended September 28, 2013									Six Months Ended June 29, 2013
Unaudited Condensed Consolidated Cash Flow Statements:	As Reported			Adjustments			As Restated			As Reported			Adjustments			As Restated
Cash Flows from Operating Activities
Net Income	$	13,847		$	2,775		$	16,622		$	9,211		$	426		$	9,637
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
Depreciation and amortization	21,375			—			21,375			14,173			—			14,173
Stock-based compensation expense	1,711			—			1,711			805			—			805
Deferred income taxes	45			788			833			1,615			253			1,868
Recovery of doubtful accounts	(141		)	—			(141		)	(34		)	—			(34		)
Other	1,434			(1,265		)	169			809			(910		)	(101		)
Changes in Assets and Liabilities:
Accounts receivable	4,804			—			4,804			(8,243		)	—			(8,243		)
Inventories	(206		)	(849		)	(1,055		)	(588		)	231			(357		)
Production cost of contracts	(3,396		)	—			(3,396		)	(1,843		)	—			(1,843		)
Other assets	(9,033		)	(1,449		)	(10,482		)	(3,473		)	—			(3,473		)
Accounts payable	(2,910		)	—			(2,910		)	(1,714		)	—			(1,714		)
Accrued and other liabilities	(12,819		)	—			(12,819		)	(3,775		)	—			(3,775		)
Net Cash Provided by Operating Activities	14,711			—			14,711			6,943			—			6,943
Cash Flows from Investing Activities
Purchases of property and equipment	(7,321		)	—			(7,321		)	(5,253		)	—			(5,253		)
Proceeds from sales of assets	123			—			123			111			—			111
Net Cash Used in Investing Activities	(7,198		)	—			(7,198		)	(5,142		)	—			(5,142		)
Cash Flows from Financing Activities
Repayment of term loan and other debt	(22,518		)	—			(22,518		)	(15,012		)	—			(15,012		)
Debt issue cost paid	(181		)	—			(181		)	(181		)	—			(181		)
Net proceeds from issuance of common stock under stock plans	1,246			—			1,246			365			—			365
Net Cash Used in Financing Activities	(21,453		)	—			(21,453		)	(14,828		)	—			(14,828		)
Net Decrease in Cash and Cash Equivalents	(13,940		)	—			(13,940		)	(13,027		)	—			(13,027		)
Cash and Cash Equivalents at Beginning of Year	46,537			—			46,537			46,537			—			46,537
Cash and Cash Equivalents at End of Year	$	32,597		$	—		$	32,597		$	33,510		$	—		$	33,510
Supplemental Disclosures of Cash Flow Information:
Interest paid	$	25,640		$	—		$	25,640		$	1,951		$	—		$	1,951
Taxes paid	$	6,542		$	—		$	6,542		$	1,743		$	—		$	1,743



	Three Months Ended March 30, 2013
Unaudited Condensed Consolidated Cash Flow Statement:	As Reported			Adjustments			As Restated
Cash Flows from Operating Activities
Net Income	$	3,707		$	264		$	3,971
Adjustments to Reconcile Net Income to
Net Cash Provided by Operating Activities:
Depreciation and amortization	7,033			—			7,033
Stock-based compensation expense	693			—			693
Deferred income taxes	(2,040		)	157			(1,883		)
Recovery of doubtful accounts	(157		)	—			(157		)
Other	246			(512		)	(266		)
Changes in Assets and Liabilities:
Accounts receivable	1,066			—			1,066
Inventories	(1,084		)	91			(993		)
Production cost of contracts	(2,559		)	—			(2,559		)
Other assets	1,456			—			1,456
Accounts payable	(2,097		)	—			(2,097		)
Accrued and other liabilities	(12,386		)	—			(12,386		)
Net Cash Used in Operating Activities	(6,122		)	—			(6,122		)
Cash Flows from Investing Activities
Purchases of property and equipment	(2,612		)	—			(2,612		)
Proceeds from sales of assets	5			—			5
Net Cash Used in Investing Activities	(2,607		)	—			(2,607		)
Cash Flows from Financing Activities
Repayment of term loan and other debt	(7,506		)	—			(7,506		)
Debt issue cost paid	(181		)	—			(181		)
Net proceeds from issuance of common stock under stock plans	(127		)	—			(127		)
Net Cash Used in Financing Activities	(7,814		)	—			(7,814		)
Net Decrease in Cash and Cash Equivalents	(16,543		)	—			(16,543		)
Cash and Cash Equivalents at Beginning of Year	46,537			—			46,537
Cash and Cash Equivalents at End of Year	$	29,994		$	—		$	29,994
Supplemental Disclosures of Cash Flow Information:
Interest paid	$	12,037		$	—		$	12,037
Taxes paid	$	563		$	—		$	563