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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2017
Apr. 02, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 7,635 $ 6,861
Trade receivables — less allowance for doubtful accounts: $526 as of December 31, 2017 and $468 as of April 2, 2017 57,867 57,298
Inventories 62,736 51,249
Income taxes receivable 0 1,273
Prepaid expenses and other current assets 4,818 4,238
Total current assets 133,056 120,919
PROPERTY, PLANT, AND EQUIPMENT:    
PROPERTY, PLANT, AND EQUIPMENT: 235,742 221,518
Less accumulated depreciation 110,649 99,978
Net property, plant, and equipment 125,093 121,540
OTHER ASSETS:    
Goodwill 97,556 97,556
Intangible assets, net 72,603 76,883
Other 2,436 1,686
Total other assets 172,595 176,125
Total assets 430,744 418,584
CURRENT LIABILITIES:    
Accounts payable — trade 28,077 29,756
Dividends payable 0 4,466
Accrued payroll and employee benefits 6,992 9,979
Income tax payable 46 0
Current portion of long-term debt 9,864 7,989
Due to sellers of acquired business 0 341
Container deposits 1,233 1,174
Other current liabilities 2,335 1,967
Total current liabilities 48,547 55,672
LONG-TERM DEBT, LESS CURRENT PORTION 104,228 94,626
PENSION WITHDRAWAL LIABILITY 5,728 5,968
DEFERRED INCOME TAXES 25,315 42,040
OTHER LONG-TERM LIABILITIES 3,634 2,450
Total liabilities 187,452 200,756
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,631,992 and 10,582,596 shares issued and outstanding as of December 31, 2017 and April 2, 2017, respectively 531 529
Additional paid-in capital 53,016 51,104
Retained earnings 189,386 165,897
Accumulated other comprehensive income 359 298
Total shareholders’ equity 243,292 217,828
Total liabilities and shareholders’ equity $ 430,744 $ 418,584