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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 3,727 $ 10,263
Accounts receivable, net of allowance for doubtful accounts of $1,239 and $1,135 at March 30, 2019 and December 31, 2018, respectively 63,134 67,819
Contract assets 93,306 86,665
Inventories 103,994 101,125
Production cost of contracts 11,008 11,679
Other current assets 7,003 6,531
Total Current Assets 282,172 284,082
Property and equipment, net of accumulated depreciation of $158,308 and $154,840 at March 30, 2019 and December 31, 2018, respectively 108,839 107,045
Operating lease right-of-use assets 18,398  
Goodwill 136,057 136,057
Intangibles, net 109,387 112,092
Non-current deferred income taxes 313 308
Other assets 5,543 5,155
Total Assets 660,709 644,739
Current Liabilities    
Accounts payable 68,785 69,274
Contract liabilities 15,030 17,145
Accrued and other liabilities 28,986 37,786
Operating lease liabilities 2,536 0
Current portion of long-term debt 2,330 2,330
Total Current Liabilities 117,667 126,535
Long-term debt 229,125 228,868
Non-current operating lease liabilities 17,499  
Non-current deferred income taxes 18,211 18,070
Other long-term liabilities 14,429 14,441
Total Liabilities 396,931 387,914
Commitments and contingencies (Notes 10, 12)
Shareholders’ Equity    
Common stock - $0.01 par value; 35,000,000 shares authorized; 11,477,771 and 11,417,863 shares issued and outstanding at March 30, 2019 and December 31, 2018, respectively 115 114
Additional paid-in capital 83,370 83,712
Retained earnings 187,564 180,356
Accumulated other comprehensive loss (7,271) (7,357)
Total Shareholders’ Equity 263,778 256,825
Total Liabilities and Shareholders’ Equity $ 660,709 $ 644,739