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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 01, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,508 $ 776
Accounts receivable, net of allowance for doubtful accounts of $198 and $160 at April 1, 2017 and December 31, 2016, respectively 15,901 16,334
Inventories 48,125 72,188
Other current assets 4,116 3,216
Total current assets 69,650 92,514
Property and equipment, net of accumulated depreciation of $52,488 and $53,116 at April 1, 2017 and December 31, 2016, respectively 53,148 65,484
Goodwill 14,985 14,985
Trademarks and other intangibles, net 4,831 7,243
Other assets 1,294 1,254
Total assets 143,908 181,480
Current liabilities:    
Accounts payable 25,896 29,462
Accrued liabilities 6,752 9,533
Line of credit 27,230 32,761
Current portion of term debt 68,739 82,380
Total current liabilities 128,617 154,136
Deferred income tax liability 3,366 1,376
Other liabilities 2,037 2,279
Total liabilities 134,020 157,791
Commitments and contingencies (see Note 7)
Stockholders' equity:    
Common stock, $.01 par value; 50,000 shares authorized; 20,056 and 20,040 shares issued and outstanding at April 1, 2017 and December 31, 2016, respectively 201 200
Additional paid-in capital 36,058 35,721
Accumulated deficit (25,900) (11,761)
Total stockholders' equity before treasury stock 10,359 24,160
Less: treasury stock, at cost: 368 shares at April 1, 2017 and December 31, 2016 (471) (471)
Total stockholders' equity 9,888 23,689
Total liabilities and stockholders' equity $ 143,908 $ 181,480