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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 04, 2021
Jan. 03, 2021
Current assets    
Cash and cash equivalents $ 102,372 $ 103,053
Accounts receivable, net 146,938 139,869
Inventories, net 258,215 228,725
Prepaid expenses and other current assets 39,134 23,747
Total current assets 546,659 495,394
Property, plant and equipment, net 345,322 359,036
Operating lease right-of-use assets 94,316 98,013
Deferred tax asset 14,841 18,175
Goodwill and intangibles, net 240,332 253,536
Other assets 80,744 81,857
Total assets 1,322,214 1,306,011
Current liabilities    
Accounts payable 82,393 58,687
Accrued expenses 118,900 105,739
Current portion of operating lease liabilities 13,116 13,555
Current portion of long-term debt 15,189 15,319
Total current liabilities 229,598 193,300
Long-term debt 541,395 561,251
Operating lease liabilities 83,034 86,468
Deferred income taxes 32,254 34,307
Other long-term liabilities 100,347 104,147
Total liabilities 986,628 979,473
Commitments and Contingencies
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at July 4, 2021 and January 3, 2021 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 59,066 and 58,664 shares issued and outstanding at July 4, 2021 and January 3, 2021, respectively 5,907 5,865
Additional paid-in capital 250,114 247,920
Retained earnings 229,833 208,562
Accumulated other comprehensive loss – foreign currency translation (76,473) (60,331)
Accumulated other comprehensive loss – cash flow hedge (4,696)  
Accumulated other comprehensive loss – cash flow hedge   (6,190)
Accumulated other comprehensive loss – pension liability (69,099) (69,288)
Total shareholders’ equity 335,586 326,538
Total liabilities and shareholders’ equity $ 1,322,214 $ 1,306,011