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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jul. 02, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 9,176 $ 5,454
Accounts receivable, net of allowance for doubtful accounts of $359 both at July 2, 2016 and December 31, 2015 76,857 77,089
Inventories 127,589 115,404
Production cost of contracts 9,444 10,290
Other current assets 8,100 13,389
Assets held for sale 0 41,636
Total Current Assets 231,166 263,262
Property and equipment, net of accumulated depreciation of $135,169 and $128,533 at July 2, 2016 and December 31, 2015, respectively 97,243 96,551
Goodwill 82,554 82,554
Intangibles, net 106,097 110,621
Non-current deferred income taxes 282 324
Other assets 2,957 3,769
Total Assets 520,299 557,081
Current Liabilities    
Current portion of long-term debt 12 26
Accounts payable 51,049 40,343
Accrued liabilities 35,921 36,458
Liabilities held for sale 0 6,780
Total Current Liabilities 86,982 83,607
Long-term debt, less current portion 186,317 240,661
Non-current deferred income taxes 24,399 26,528
Other long-term liabilities 17,175 18,954
Total Liabilities 314,873 369,750
Commitments and contingencies (Notes 11, 13)
Shareholders’ Equity    
Common stock - $0.01 par value; 35,000,000 shares authorized; 11,166,968 and 11,084,318 issued at July 2, 2016 and December 31, 2015, respectively 112 111
Additional paid-in capital 76,199 75,200
Retained earnings 135,034 117,623
Accumulated other comprehensive loss (5,919) (5,603)
Total Shareholders’ Equity 205,426 187,331
Total Liabilities and Shareholders’ Equity $ 520,299 $ 557,081