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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jul. 01, 2023
Mar. 31, 2023
Jul. 02, 2022
Current assets:      
Cash and cash equivalents $ 12,291 $ 12,256 $ 12,236
Accounts receivable, net of allowance for credit losses of $33, $44 and $34, respectively 84,964 97,101 86,173
Assets held for sale 3,158 4,358 4,639
Inventories 735,124 670,898 517,066
Refundable income taxes 31 6,976 4,704
Other current assets 2,370 2,450 4,278
Total current assets 837,938 794,039 629,096
Property, plant and equipment, net 305,221 301,212 278,946
Right-of-use assets operating, net 22,105 23,235 31,543
Right-of-use assets financing, net 31,162 33,571 34,005
Pension assets 58,904 59,304 51,936
Other assets 1,286 1,360 1,980
Total assets 1,256,616 1,212,721 1,027,506
Current liabilities:      
Accounts payable 117,700 69,232 142,244
Deferred revenue 6,460 9,956 3,906
Accrued vacation 11,307 11,143 11,791
Accrued payroll 10,667 16,772 9,530
Other accrued expenses 21,452 23,293 23,467
Current portion of long-term debt and lease obligations 32,616 25,792 25,016
Total current liabilities 200,202 156,188 215,954
Long-term debt, less current portion 414,894 432,695 167,089
Operating lease obligations, less current portion 15,196 16,675 19,452
Financing lease obligations, less current portion 15,484 17,293 18,422
Deferred income tax liability, net 31,513 31,481 33,518
Other liabilities 3,503 3,639 4,763
Total liabilities 680,792 657,971 459,198
Commitments and contingencies
Stockholders' equity:      
Preferred stock 351 351 644
Common stock, $.25 par value per share 3,049 3,049 3,042
Additional paid-in capital 99,304 99,152 98,750
Treasury stock, at cost (170,750) (168,573) (144,802)
Accumulated other comprehensive loss (20,488) (20,488) (26,468)
Retained earnings 664,358 641,259 637,142
Total stockholders' equity 575,824 554,750 568,308
Total liabilities and stockholders’ equity $ 1,256,616 $ 1,212,721 $ 1,027,506