XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Oct. 02, 2022
Apr. 03, 2022
Assets, Current [Abstract]    
Cash and cash equivalents $ 3,924 $ 3,496
Trade accounts receivables, net 131,392 122,826
Inventories 113,062 94,985
Prepaid expenses and other current assets 3,197 6,431
Total current assets 251,575 227,738
Property, Plant and Equipment [Abstract]    
PROPERTY, PLANT, AND EQUIPMENT: 321,453 304,055
Less accumulated depreciation 150,442 142,209
Net property, plant, and equipment 171,011 161,846
Other Assets [Abstract]    
Right-of-use assets 10,019 10,606
Goodwill 77,401 77,401
Intangible assets, net of accumulated amortization 76,687 80,193
Deferred compensation plan asset 6,752 6,783
Other 5,838 2,761
Total other assets 176,697 177,744
Total assets 599,283 567,328
Liabilities, Current [Abstract]    
Accounts payable — trade 60,887 66,693
Accrued payroll and employee benefits 12,059 19,034
Income tax payable 2,069 39
Current portion of long-term debt 9,913 9,913
Short-term lease liability 1,433 1,657
Other current liabilities 4,490 4,130
Total current liabilities 90,851 101,466
LONG-TERM DEBT, LESS CURRENT PORTION 130,688 115,644
LONG-TERM LEASE LIABILITY 8,758 9,143
PENSION WITHDRAWAL LIABILITY 4,095 4,276
DEFERRED INCOME TAXES 24,325 23,422
DEFERRED COMPENSATION LIABILITY 7,899 8,402
OTHER LONG-TERM LIABILITIES 1,253 2,374
Total liabilities 267,869 264,727
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:    
Common stock; authorized: 60,000,000 shares of $0.01 par value; 20,817,625 and 20,889,777 shares issued and outstanding as of October 2, 2022 and April 3, 2022, respectively 208 209
Additional paid-in capital 41,294 46,717
Retained earnings 286,179 254,384
Accumulated other comprehensive income 3,733 1,291
Total shareholders’ equity 331,414 302,601
Total liabilities and shareholders’ equity $ 599,283 $ 567,328