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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 11, 2020
Dec. 28, 2019
Jul. 13, 2019
Current Assets:      
Cash and cash equivalents $ 16,669 $ 5,882 $ 4,598
Receivables, less allowance of $728; $483; and $533; respectively 49,516 35,450 35,229
Inventories 41,653 42,269 47,984
Prepaid expenses 2,085 3,151 2,958
Prepaid income tax   163 1,687
TOTAL CURRENT ASSETS 109,923 86,915 92,456
Property, plant and equipment, net 14,713 15,111 15,387
Operating lease right-of-use assets 1,395 1,080 1,288
Intangible assets, net 18,071 18,847 19,529
Goodwill 26,749 26,749 26,749
Other assets 57 77 94
TOTAL ASSETS 170,908 148,779 155,503
Current Liabilities:      
Note payable   135 135
Trade accounts payable 18,109 7,765 7,187
Accrued liabilities 13,196 9,689 7,732
Income tax payable 1,705 0 0
Current operating lease liabilities 711 621 694
TOTAL CURRENT LIABILITIES 33,721 18,210 15,748
Other Liabilities:      
Long-term debt   0 7,393
Deferred income tax liability 3,537 3,537 3,409
Operating lease liabilities 699 475 616
Other liabilities 387 387 1,094
TOTAL LIABILITIES 38,344 22,609 28,260
Stockholders' Equity:      
Preferred stock: Authorized 1,000,000 shares; no par value, none issued
Common stock Authorized 30,000,000 shares; no par value, issued and outstanding - 14,153,579; 14,214,777; and 14,467,634; shares respectively 14,154 14,215 14,468
Retained earnings 118,410 111,955 112,775
TOTAL STOCKHOLDERS' EQUITY 132,564 126,170 127,243
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 170,908 $ 148,779 $ 155,503