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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 32,066 $ 42,863
Accounts receivable, net of allowance for credit losses of $2,071 and $2,006 at March 30, 2024 and December 31, 2023, respectively 104,499 104,692
Contract assets 197,056 177,686
Inventories 208,959 199,201
Production cost of contracts 7,977 7,778
Other current assets 13,388 17,349
Total Current Assets 563,945 549,569
Property and Equipment, Net of Accumulated Depreciation of $184,926 and $181,412 at March 30, 2024 and December 31, 2023, respectively 112,108 111,379
Operating Lease Right-of-Use Assets 27,489 29,513
Goodwill 244,600 244,600
Intangibles, Net 162,080 166,343
Deferred Income Taxes 641 641
Other Assets 21,190 18,874
Total Assets 1,132,053 1,120,919
Current Liabilities    
Accounts payable 84,293 72,265
Contract liabilities 57,790 53,492
Accrued and other liabilities 29,311 42,260
Operating lease liabilities 7,745 7,873
Current portion of long-term debt 9,375 7,813
Total Current Liabilities 188,514 183,703
Long-Term Debt, Less Current Portion 253,929 256,961
Non-Current Operating Lease Liabilities 21,016 22,947
Deferred Income Taxes 4,439 4,766
Other Long-Term Liabilities 18,608 16,448
Total Liabilities 486,506 484,825
Commitments and Contingencies (Notes 10, 12)
Shareholders’ Equity    
Common Stock - $0.01 par value; 35,000,000 shares authorized; 14,706,626 and 14,600,766 shares issued and outstanding at March 30, 2024 and December 31, 2023, respectively 147 146
Additional Paid-In Capital 206,557 206,197
Retained Earnings 428,829 421,980
Accumulated Other Comprehensive Income 10,014 7,771
Total Shareholders’ Equity 645,547 636,094
Total Liabilities and Shareholders’ Equity $ 1,132,053 $ 1,120,919