XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 03, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 16,972 $ 56,466
Accounts receivable, net (allowance for credit losses of $1,570 and $1,552 at April 3, 2021 and December 31, 2020, respectively 61,124 58,025
Contract assets 173,909 154,028
Inventories 138,287 129,223
Production cost of contracts 7,198 6,971
Other current assets 5,723 5,571
Total Current Assets 403,213 410,284
Property and equipment, net of accumulated depreciation of $172,536 and $169,742 at April 3, 2021 and December 31, 2020, respectively 109,180 109,990
Operating Lease Right-of-Use Assets 15,703 16,348
Goodwill 170,830 170,830
Intangibles, Net 121,506 124,744
Deferred Income Taxes 33 33
Other Assets 5,399 5,118
Total Assets 825,864 837,347
Current Liabilities    
Accounts payable 70,235 63,980
Contract liabilities 24,257 28,264
Accrued and other liabilities 28,433 40,526
Operating lease liabilities 3,118 3,132
Current portion of long-term debt 7,000 7,000
Total Current Liabilities 133,043 142,902
Long-Term Debt, Less Current Portion 304,344 311,922
Non-Current Operating Lease Liabilities 13,785 14,555
Deferred Income Taxes 17,598 16,992
Other Long-Term Liabilities 21,524 21,642
Total Liabilities 490,294 508,013
Commitments and Contingencies
Shareholders’ Equity    
Common stock - $0.01 par value; 35,000,000 shares authorized; 11,849,597 and 11,728,212 shares issued and outstanding at April 3, 2021 and December 31, 2020, respectively 118 117
Additional paid-in capital 96,385 97,090
Retained earnings 248,422 241,727
Accumulated other comprehensive loss (9,355) (9,600)
Total Shareholders’ Equity 335,570 329,334
Total Liabilities and Shareholders’ Equity $ 825,864 $ 837,347