XML 19 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 26, 2015
Current assets:    
Cash and cash equivalents $ 776 $ 2,319
Accounts receivable, net 16,334 19,928
Inventories 72,188 81,807
Other current assets 3,216 6,262
Total current assets 92,514 110,316
Property and equipment, net 65,484 59,963
Goodwill 14,985 23,286
Trademarks and other intangibles, net 7,243 14,718
Deferred income tax asset   1,228
Other assets 1,254 962
Total assets 181,480 210,473
Current liabilities:    
Accounts payable 29,462 35,983
Accrued liabilities 9,533 8,629
Line of credit 32,761  
Current portion of long-term debt 82,380 1,826
Total current liabilities 154,136 46,438
Long-term debt, less current portion   83,300
Line of credit   25,951
Deferred income tax liability 1,376  
Other liabilities 2,279 2,296
Total liabilities 157,791 157,985
Commitments and contingencies (see Note 9)
Stockholders' equity:    
Common stock, $.01 par value; 50,000 shares authorized; 20,040 and 19,979 shares issued and outstanding at December 31, 2016 and December 26, 2015, respectively 200 200
Additional paid-in capital 35,721 34,271
Retained earnings (11,761) 18,488
Total stockholders' equity before treasury stock 24,160 52,959
Less: treasury stock, at cost: 368 shares at December 31, 2016 and December 26, 2015 (471) (471)
Total stockholders' equity 23,689 52,488
Total liabilities and stockholders' equity $ 181,480 $ 210,473