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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 26, 2015
Jun. 27, 2015
ASSETS    
Cash and cash equivalents $ 140 $ 372
Trade receivables, net of allowance for doubtful accounts of $229 and $97 73,761 72,852
Inventories 100,800 91,594
Deferred income tax asset 6,245 6,643
Other 15,515 13,646
Total current assets 196,461 185,107
Property, plant and equipment, net 26,898 26,974
Other assets:    
Deferred income tax asset 2,637 80
Goodwill 9,957 9,957
Other intangible assets, net 6,774 7,055
Other 1,573 1,621
Total other assets 20,941 18,713
Total assets 244,300 230,794
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Accounts payable 74,957 61,528
Accrued compensation and vacation 7,456 9,467
Current portion of debt 5,000 5,000
Other 13,239 10,794
Total current liabilities 100,652 86,789
Long-term liabilities:    
Term loan 25,000 26,250
Revolving loan 12,131 11,631
Deferred income tax liability 0 501
Other long-term obligations 7,401 4,855
Total long-term liabilities 44,532 43,237
Total liabilities $ 145,184 $ 130,026
Commitments and contingencies (Note 9)
Shareholders’ equity:    
Common stock, no par value—shares authorized 25,000; issued and outstanding 10,707 and 10,706 shares, respectively $ 44,647 $ 44,136
Retained earnings 62,212 61,395
Accumulated other comprehensive loss (7,743) (4,763)
Total shareholders’ equity 99,116 100,768
Total liabilities and shareholders’ equity $ 244,300 $ 230,794