XML 53 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 29, 2014
Dec. 28, 2013
Current assets:    
Cash and cash equivalents $ 59,640 $ 86,064
Accounts receivable, net 213,301 194,827
Inventories, net 152,282 156,365
Deferred income taxes 3,023 2,318
Other current assets 76,627 59,096
Total current assets 504,873 498,670
Property, plant and equipment, net of accumulated depreciation of $192,933 and $175,130, respectively 611,016 623,279
Goodwill 120,305 120,143
Intangible assets, net 164,405 168,179
Deferred income taxes 2,499 2,582
Other noncurrent assets 26,939 26,052
Total assets 1,430,037 1,438,905
Current liabilities:    
Short-term borrowings 8,147 2,472
Accounts payable and accrued liabilities 302,094 307,661
Income taxes payable 3,571 3,613
Deferred income taxes 1,195 1,523
Current portion of long-term debt 12,333 13,797
Total current liabilities 327,340 329,066
Long-term debt 878,656 880,399
Deferred income taxes 23,632 21,161
Other noncurrent liabilities 59,809 61,845
Total liabilities 1,289,437 1,292,471
Commitments and contingencies      
Shareholders’ equity:    
Common stock — 1,000 shares issued and outstanding 0 0
Additional paid-in capital 296,407 294,144
Retained earnings (deficit) (150,241) (140,447)
Accumulated other comprehensive income (loss) (6,419) (8,106)
Total Polymer Group, Inc. shareholders' equity 139,747 145,591
Noncontrolling interests 853 843
Total equity 140,600 146,434
Total liabilities and equity $ 1,430,037 $ 1,438,905