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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2019
Mar. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 4,056 $ 9,199
Trade receivables — less allowance for doubtful accounts: $909 as of September 29, 2019 and $620 as of March 31, 2019 65,396 63,966
Inventories 60,804 60,482
Income taxes receivable 0 527
Prepaid expenses and other current assets 2,848 5,235
Total current assets 133,104 139,409
PROPERTY, PLANT, AND EQUIPMENT:    
PROPERTY, PLANT, AND EQUIPMENT: 257,996 244,861
Less accumulated depreciation 133,578 126,233
Net property, plant, and equipment 124,418 118,628
OTHER ASSETS:    
Right-of-use assets 9,529 0
Goodwill 58,440 58,440
Intangible assets, net 63,189 65,726
Other 4,362 3,396
Total other assets 135,520 127,562
Total assets 393,042 385,599
CURRENT LIABILITIES:    
Accounts payable — trade 29,624 29,314
Accrued payroll and employee benefits 8,862 12,483
Income tax payable 735 0
Current portion of long-term debt 9,907 9,907
Short-term lease liability 1,664 0
Container deposits 1,352 1,299
Other current liabilities 1,709 2,393
Total current liabilities 53,853 55,396
LONG-TERM DEBT, LESS CURRENT PORTION 64,705 74,658
LONG-TERM LEASE LIABILITY 7,873 0
PENSION WITHDRAWAL LIABILITY 5,148 5,316
DEFERRED INCOME TAXES 26,581 26,673
OTHER LONG-TERM LIABILITIES 5,447 5,695
Total liabilities 163,607 167,738
COMMITMENTS AND CONTINGENCIES 0 0
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 30,000,000 shares of $0.05 par value; 10,546,453 and 10,592,450 shares issued and outstanding as of September 29, 2019 and March 31, 2019, respectively 527 530
Additional paid-in capital 50,282 52,609
Retained earnings 178,557 164,405
Accumulated other comprehensive income 69 317
Total shareholders’ equity 229,435 217,861
Total liabilities and shareholders’ equity $ 393,042 $ 385,599