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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 26, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 74,555 $ 39,584
Accounts receivable, net (allowance for credit losses of $1,423 and $1,321 at September 26, 2020 and December 31, 2019, respectively 62,805 67,133
Contract assets 140,717 106,670
Inventories 127,038 112,482
Production cost of contracts 7,552 9,402
Other current assets 12,438 5,497
Total Current Assets 425,105 340,768
Property and equipment, net of accumulated depreciation of $169,292 and $162,920 at September 26, 2020 and December 31, 2019, respectively 107,003 115,216
Operating Lease Right-of-Use Assets 17,098 19,105
Goodwill 170,830 170,917
Intangibles, Net 128,019 138,362
Deferred Income Taxes 58 55
Other Assets 5,248 6,006
Total Assets 853,361 790,429
Current Liabilities    
Accounts payable 65,692 82,597
Contract liabilities 26,833 14,517
Accrued and other liabilities 35,276 37,620
Operating lease liabilities 3,106 2,956
Current portion of long-term debt 7,000 7,000
Total Current Liabilities 137,907 144,690
Long-Term Debt, Less Current Portion 340,324 300,887
Non-Current Operating Lease Liabilities 15,346 17,565
Deferred Income Taxes 18,405 16,766
Other Long-Term Liabilities 21,944 17,721
Total Liabilities 533,926 497,629
Commitments and Contingencies (Notes 8, 10)
Shareholders’ Equity    
Common stock - $0.01 par value; 35,000,000 shares authorized; 11,714,590 and 11,572,668 shares issued and outstanding at September 26, 2020 and December 31, 2019, respectively 117 116
Additional paid-in capital 94,783 88,399
Retained earnings 232,074 212,553
Accumulated other comprehensive loss (7,539) (8,268)
Total Shareholders’ Equity 319,435 292,800
Total Liabilities and Shareholders’ Equity $ 853,361 $ 790,429